REALITY CHECK: Kari Lake’s Economic Plan Would Be Like “Adding Jet Fuel” to Inflation

For Immediate Release
Sunday, October 23, 2022
Contact: Josselyn Berry, jberry@azdem.org

REALITY CHECK: Kari Lake Economic Plan Would Be Like “Adding Jet Fuel” to Inflation 

Reality:

It’s almost unbelievable how dangerous and out-of-touch Kari Lake’s plans are for our economy. Lake’s proposed policies would do nothing to lower costs or support working Arizonans. Take it from the experts, who have said that her plan to tackle inflation was like “trying to put out a fire with jet fuel” and will exacerbate the crisis. Her plans would raise rent during a historically-bad housing crisis, increase costs for our families, and even defund local law enforcement. And, while Arizona is facing a record-breaking water crisis, Lake’s half-baked proposals would make water unaffordable for everyday Arizonans.

But don’t just take it from us. Here’s what experts are saying about Lake’s ridiculous economic “plans”:

BACKGROUND:  

  • Economist Dennis Hoffman said Lake’s plan to tackle inflation was like “trying to put out a fire with jet fuel.”
  • League of Arizona Cities and Towns Legislative Director Tom Savage underscored that Lake’s half-baked ideas would provide “minimal relief” to Arizona’s working families and raise rent during a time of record-high housing prices.
  • Arizona Republic’s Laurie Roberts’ column in the Arizona Republic underscored that Lake’s economic plans would defund police and first responders. She wrote that “Kari Lake’s plan to ‘fix’ Arizona’s economy demonstrates just what can happen when you have a governor who reads teleprompters instead of budgets.”
  • An Arizona Daily Star column featured two experts calling Lake’s water plans unrealistic. One of them even said “Lake’s assertion that ‘we need more water. Period.’ is naive and a century late.” While Hobbs’ plan is “more realistic.”
  • ASU Kyl Center for Water Policy Director Sarah Porter also recently highlighted that Lake’s water plan would make the price of the water drastically more expensive for water users, so high it may “price out most people.”

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