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Category: Economy
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Analysis

Food prices soar, and so do companies’ profits

By Isabella Simonetti and Julie Creswell,  The New York Times, Nov. 1, 2022. A year ago, a bag of potato chips at the grocery store cost an average of $5.05. These days, that bag costs $6.05. A dozen eggs that could have been picked up for $1.83 now average $2.90. A two-liter bottle of soda that cost $1.78

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Economy

Charlie Crist demands Ron DeSantis get to work on Citizens Insurance fix

By A.G. Gancarski, Florida Politics, September 5, 2022. “Before Floridians start losing their homes.” The increasingly fraught issue of homeowners insurance is a hot topic in the Governor’s race. Democratic gubernatorial nominee Charlie Crist contends Florida Gov. Ron DeSantis as “unfit to lead” the state’s increasingly wobbly property insurance market, challenging the Governor to reverse price hikes rolled out

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Economy

Republicans would like to offer you some resentment

By Jamelle Bouie, NY Times Opinion Columnist, Aug 27, 2022 The Republican response to President Biden’s student loan forgiveness program is to try to turn the issue into a culture war. “Democrats’ student loan socialism is a slap in the face to working Americans who sacrificed to pay their debt or made different career choices to

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Economy

Refuting Republican lies about the Inflation Reduction Act

President Biden signed this bill into law on August 16th….and the lies just keep on coming!  Republicans are lying about the Inflation Reduction Act to try to distract from the fact that they sided with entrenched special interests instead of voting to lower costs. Here’s facts that you can use to fight back against their

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Economy

There’s a miracle in Washington, and it’s all about taxes

New York Times Guest Essay  by Steven Rattner, August 2, 2022. Even in Washington, miracles sometimes happen. Less than a week ago, any tax and spending deal in Congress — let alone a meritorious one — seemed utterly implausible. But the new package announced on Wednesday is a step in the right direction on several of

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Biden's Vision

Strong economy and declining gas prices have escaped media notice, the White House says

By JACOB FISCHLER , Florida Phoenix, July 28, 2022 After making a fight against inflation its “top priority,” the Biden administration says aspects of the economy are robust, even if headlines haven’t reflected that. Senior administration officials promoted Biden’s economic record on a call with local reporters Wednesday on positive economic indicators — mainly low unemployment and

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Economy

Florida losing edge as affordable place to live

The following editorial was published in the Daily Sun on June 14, 2022. OUR POSITION: For years high taxes and housings costs have sparked an exodus from the East and Midwest to Florida but the Sunshine State’s escalating home prices and rents are giving pause to relocation considerations. Inflation’s storm surge continues to deluge consumers with

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Biden's Vision

Biden has created a robust, growing economy

The following letter to the editor appeared in The Daily Sun on March 25, 2022. President Joe Biden believes the federal government is there to help assure a level playing field for every American. Franklin Roosevelt and Dwight Eisenhower also believed in the federal government’s role in improving the lives of average Americans. FDR established

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Analysis

Fact check: Republicans wrongly blame Biden for rising gas prices

Republicans are trying to have it both ways on gas prices – they support President Biden’s ban on imports of Russian oil amid Putin’s unprovoked war on Ukraine, while also blaming the Biden administration for Putin’s price hike. A recent New York Times fact check laid out their hypocrisy. Read More: New York Times Fact Check:

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Economy

Gasoline price increases look like price gouging to me

The following Letter to the Editor was published in The Daily Sun on Mar 13, 2022. I purchased gas Thursday evening at a business on Kings Highway for $3.59 per gallon. The next morning, it was $3.79 per gallon and by Sunday, it was $3.99 per gallon and Monday morning it was $4.19 per gallon.

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Analysis

American Rescue Plan fact sheet

In March of 2021, the United States was in rough shape. Schools were still closed, few people had been vaccinated, the economy was reeling, and more than 500,000 Americans were dead following one of the worst waves of the pandemic. Tens of millions more across the country were facing the prospects of unemployment, eviction from

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Economy

No easy answer to Charlotte County transportation challenges

The following editorial was published in The Daily Sun on March 7, 2022. OUR POSITION: Finances, growth and environmental roadblocks are all challenges Charlotte County faces in order to accommodate the need for road improvements expected the next 20 years. There are hundreds, perhaps thousands, of people moving to Charlotte County every year. While housing

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Economy

Affordable housing issue is a crisis

The following editorial was published in The Daily Sun on Feb 27, 2022. OUR POSITION: It’s past time for lawmakers in Tallahassee to seriously address the cost of housing in Florida with some real solutions. It is becoming an understatement to call the lack of affordable housing in Florida — a crisis. Action and answers

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Economy

Child poverty spiked by 41 percent in January after Biden benefit program expired, study finds

By Jeff Stein, The Washington Post, Feb 17, 2022. The number of American children in poverty spiked dramatically in January after the expiration of President Biden’s expanded child benefit at the end of last year, according to new research released on Thursday. The Center on Poverty and Social Policy at Columbia University said that the child poverty rate

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Economy

Mental health and homelessness issues rise in Charlotte County schools

By NANCY J. SEMON, The Daily Sun Staff Writer, Feb 14, 2022. PORT CHARLOTTE — Mental health issues and homelessness among students are increasing in Charlotte County, school officials said last week. During a Charlotte County School Board workshop, a school psychologist and the director of intervention and drop-out prevention told board members about steps the

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