Storm clouds on the horizon for the economy

by Erik Randolph | Aug 10, 2023

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Storm clouds on the horizon for the economy

The latest Consumer Price Index released today by the U.S. Bureau of Labor Statistics shows that in the past month, the Federal Reserve successfully achieved its inflation target by meeting a 2% increase in prices on a seasonally adjusted monthly basis. This signifies a step towards maintaining economic stability and balance. But there are still storm clouds on the horizon.

The Georgia Center for Opportunity’s (GCO) take: “While this is positive news, a concerning trend has emerged since the onset of the pandemic,” said Erik Randolph, GCO’s director of research. “Overall, goods cost 18.2% more today than they did before the start of the pandemic due to rampant inflation. Simply put, everyday essentials are far less affordable in 2023 than they were three or four years ago. That hits the impoverished and low-income Americans the hardest. At the federal level, there appears to be a lack of substantive discussion regarding measures to restore the diminished purchasing power of consumers. That is concerning.”

Gov. Brian Kemp announced efforts to enhance public safety

by Josh Crawford | Jun 8, 2023

Gov. Brian Kemp announced efforts to enhance public safety

Today, Georgia Gov. Brian Kemp announced preliminary grant awards totaling more than $83.5 million for 118 community safety projects, including for addressing staffing shortages for law enforcement.

The Georgia Center for Opportunity’s (GCO) take: “We commend Gov. Kemp and the legislature for continuing their commitment to public safety, especially in an environment where we continue to see high crime rates in cities across the state,” said Josh Crawford, director of criminal justice initiatives for GCO. “Ensuring safe communities requires involvement from all of us, including partnerships between state and local officials.”

Crawford recently wrote an op-ed for the Atlanta Journal-Constitution on a path forward in reducing Atlanta’s juvenile crime rate. Read it here.

Inflation is becoming worse for Americans on a fixed income

by Erik Randolph | May 10, 2023

Inflation is becoming worse for Americans on a fixed income

Today, the U.S. Bureau of Labor Statistics announced that in April the Consumer Price Index (CPI) rose by 0.4%, not seasonally adjusted. Year over year, the CPI has gone up 4.9% in the last 12 months.

The Georgia Center for Opportunity’s (GCO) take: “Not only has the federal government abandoned restoring purchasing power, they do not appear even capable of bringing inflation down to the Federal Reserve’s inflation rate target of 2%,” said Erik Randolph, GCO’s director of research. “Devaluing the dollar means that Americans must have comparable wage inflation just to keep with prices. That’s worse for Americans living on fixed incomes, the working class, and the poor.”

Georgia House voted to reject Senate Bill 233, The Georgia Promise Scholarship Act

by Kimberly Sawatka | Mar 30, 2023

Georgia House voted to reject Senate Bill 233, The Georgia Promise Scholarship Act

Late last night, the Georgia House voted to reject Senate Bill 233, The Georgia Promise Scholarship Act, by a vote of 85 to 89. The House then voted 98 to 73 on a motion to reconsider the bill, meaning it is eligible for consideration in next year’s session.Georgia

Center for Opportunity’s (GCO) take: “We are heartbroken for the tens of thousands of kids in Georgia who will remain stuck in low-performing schools due to the inaction of many Georgia lawmakers,” said Buzz Brockway, vice president of public policy for GCO. “Despite a majority of Georgians, the governor, and many legislative leaders supporting Promise Scholarships, once again the House failed to pass legislation that would give families hope for their child despite not living in the right zip code or able to make the right income. The disparity of opportunity in education is a tragic injustice. Our state would have made a huge step toward correcting that injustice had the bill passed.”

To learn more about Promise Scholarships and what they would have provided, click here.

To learn more about Promise Scholarships and what the legislation would have provided, click here.

Georgia to join a growing list of forward-thinking states that are prioritizing the unique educational needs

by Kimberly Sawatka | Mar 20, 2023

Georgia to join a growing list of forward-thinking states that are prioritizing the unique educational needs

Georgia Lt. Gov. Burt Jones expressed support for Senate Bill 233, The Georgia Promise Scholarship Act, during a recent radio interview.

“I’m all for public schools. My mom was a public school educator for 30 years,” Jones said. “We’re all about wanting to try to empower parents and give kids an opportunity, particularly kids who are in failing school systems, give those parents other options besides just being stuck in the same system that’s not serving their child properly.”

Georgia Center for Opportunity’s (GCO) take: “Now is the time for Georgia to join a growing list of forward-thinking states that are prioritizing the unique educational needs of each individual student,” said Buzz Brockway, vice president of public policy for GCO. “We’re pleased that Lt. Gov. Jones has joined his voice to the vast majority of Georgians who support educational scholarship accounts like Promise Scholarships. We encourage members of the Georgia House to listen to the voice of their constituents and make these accounts a reality.”

EVERY Kid In Georgia Deserves
A Quality Education

EveryKid.info

EVERY Kid In Georgia Deserves
A Quality Education

EveryKid.info

About Promise Scholarships: Funded by the state in the amount of $6,000 per student for each school year, Promise Scholarships would allow families to find the right fit for their students’ education. Scholarships could be used on any approved education expense, such as private school tuition, tutoring, homeschool curriculum, virtual classes, college classes, therapies (for kids with special needs), technology, and more.

Promise Scholarships pass in the Senate and head to the House

by Buzz Brockway | Mar 6, 2023

Promise Scholarships pass in the Senate and head to the House

🚨Breaking News: Promise Scholarships pass in the Senate and head to the House

Promise Scholarships would give parents $6,000 per student per year to find the right education option for their kids.

Georgia Center for Opportunity’s (GCO) take: “Parents across the country are demanding more educational options in the wake of the COVID-19 pandemic. Now is not the time for more lip-service or half-hearted efforts to help students reverse learning loss,” said Buzz Brockway, vice president of public policy for GCO. “Georgia families need more opportunities and they need them now. Promise Scholarships would empower students to excel in their education. With S.B. 233 now headed to the House, we encourage lawmakers in that chamber to do right by Georgia families and make Promise Scholarships a reality. It’s well past time and we can’t afford to delay any longer.”

Learn more about education in Georgia for Every Kid. Click here.