My 9-year-old child and I went to Olympia to ask Sen. Annette Cleveland to vote yes for rent stabilization and she said that she was consulting her economist experts and they said this is not a good idea. My family and I are human beings, not dollar signs. The economy doesn’t live or die, we do. The economy does not have mental health issues, we do.
It’s shameful that she said, “What renter could afford a 15 percent increase in rent with each new year” when she opposed the bill when the rent cap was 5 percent. She cited that as a primary reason for opposing the bill. Her misdirection will not prevent her from being held accountable.
Xenophon first came up with the term economics back in ancient Greece and he described it as the art of household management. Today, economics is GDP growth. Quite a difference.
To educate yourself about economics, please read “Doughnut Economics: 7 Ways to Think Like a 21st Century Economist” by Kate Raworth.