Update to President Biden Assails Big Oil For Price Gouging Profits. Sarah Jones reports, Factcheckers Agree With Katie Porter And Her Whiteboard That Corporate Profits Drive Inflation Price Increases: Katie Porter’s whiteboard got factchecked, and guess what. She is correct that corporate profits are behind inflation. “Claim: On average, 11.4% of inflationary price increases became … Read more
“After refusing for months to divulge what they’d do if they regained control of Congress, Republicans have finally revealed some of their economic agenda.” Catherine Rampell writes, Republicans’ secret economic agenda? A global financial crisis. Unfortunately, it might involve causing a global financial crisis, based on recent interviews with some GOP congressmen. Poll after poll … Read more
Ronald Reagan boldly promised that his supply side-trickle-down economic tax cuts would stimulate long-term economic growth and pay for themselves. They did not and the national debt skyrocketed. George W. Bush promised the same. Same results. So did Donald Trump. Everyone knows what happened there. Republican Arizona Governor Doug Ducey and his pals in the … Read more
Earlier this year our anti-public education GQP-controlled Arizona legislature averted a fiscal cliff in public education funding with an eleventh-hour short-term fix that solved the problem only for the last fiscal year, but did not address the current fiscal year school budget. Financial Doomsday for Arizona Schools Averted: Arizona State Senate Joins the House and … Read more
Well, the official word is out on the first infusion of applications for the Empowerment Scholarship Accounts (Private School Vouchers) thanks to the universal expansion passed by plutocrat Doug Ducey and his anti-public school supporters in the Arizona State Legislature. It is not a surprise for anyone who predicted what would happen. @azedschools estimates that … Read more