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“For a lot of people, this is not, ‘I’m going out and buying something fancy.’”

Jill Schlesinger, CBS news business analyst and author of The Great Money Reset, regarding the great swing in finances for many Americans over the last several years. The pandemic-induced federal aid resulted in the highest personal savings rate on record which was quickly followed by high inflation that has caused a nearly 30 percent increase in debt for millennials since before the pandemic to about $3.8 trillion. (NPR — March 8, 2023)

More Quotes
  • Mississippi state Sen. Joey Fillingane, regarding a bill that would restrict electric car manufacturers from opening new brick-and-mortar dealerships in the state unless they follow the same rules as traditional carmakers. Fillingane has criticized the bill for potentially causing the state to fall behind others in the race to attract EV companies’ investments. The bill was passed by the Legislature and will head to Gov. Tate Reeves’ desk. (Associated Press — March 3, 2023)
  • Justin Tupper, the president of the U.S. Cattlemen’s Association, regarding the federal decision to release new requirements regarding when meat, poultry or eggs can be labeled “Product of USA.” Currently, policy allows voluntary use of such labels on products from animals that have been imported from a foreign country and slaughtered in the U.S., but also includes meat that’s been imported and repackaged or further processed. (Associated Press — March 6, 2023)
  • Former College Park, Md., Councilwoman Denise Mitchell, regarding the arrest of Mayor Patrick Wojahn on 16 counts of distributing child pornography and 40 counts of possessing it. Wojahn resigned on Thursday, March 2, and Mitchell has stepped in to serve as mayor pro tempore until a special election is held. (NPR — March 3, 2023)
  • Lawrence La Fountain-Stokes, a professor of culture and gender studies at the University of Michigan, regarding states’ efforts to ban drag shows for allegedly contributing to the sexualization or grooming of children. Tennessee passed legislation on Thursday that Gov. Bill Lee has promised to sign, which changes the definition of adult cabaret in the state’s law to mean “adult-oriented performances that are harmful to minors” and bans adult cabaret from taking place on public property or any place where minors might be present. The bill also reclassifies “male or female impersonators” as adult cabaret. (Associated Press — March 2, 2023)
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