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Payday loan bill would reverse reforms
Posted on Author John Burbank
If your friend told you that she could get a payday loan of $700, and that the interest would be 36 percent, plus a small loan origination fee of 15 percent, plus a monthly maintenance fee of 7.5 percent, you might advise her to get out her calculator. Here’s why: That $700 loan could cost […]
Bad math: Corporate lobbyists, conservative think tanks hawk snake-oil economics for WA
Posted on Author Economic Opportunity Institute
Economist Arthur Laffer is touted as a go-to source of wisdom by conservative think tanks and corporate lobby groups in Washington state like the Washington Policy Center, Evergreen Freedom Foundation, National Federation of Independent Businesses, and Association of Washington Business. But a recent report shows Laffer’s economic prescriptions are more likely to hurt than heal […]
Senators, oppose food stamp cuts and the Farm Bill!
Posted on Author admin
From Daily Kos: There is a horrifying twist on the $8.7 billion cuts to food stamp cuts that passed the House—and which will soon face a vote in the Senate. Almost all of the food stamp cuts come from 16 states and the District of Columbia—including Washington. The rest of the nation is left virtually […]