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Biden Wants to STEAL From the Poor? TRUTH About Student Loan "Forgiveness"

10/27/2023

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Thank you for listening to the 32nd episode of "This Week's Economy," where I briefly recap and share my insights on key economic and policy news.

Please like this video, subscribe to the channel, share it on social media, and provide a rating and review. Also, subscribe and see show notes for this episode on Substack (www.vanceginn.substack.com) and visit my website for economic insights (www.vanceginn.com).

Today, I cover: 1) National: The newly appointed House Speaker Mike Johnson, how President Biden's student loan "forgiveness" plan will disadvantage lower-income earners while making higher education more expensive, and while the latest GDP report may seem promising at first, but is less impressive when considering details;

2) States: Texas has a new roughly $18 billion surplus that should be put toward buying down property taxes until they are zero, but that likely won't happen given what's on Texas' ballot, and Louisiana's GDP and personal income rates show that aggressive improvement is needed in The Pelican State; and

3) Other: Why you don't want to miss last week's podcast with Texas State Representative Brian Harrison and the upcoming episode with Former U.S. Senator Phil Gramm on the myth of American inequality.
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    Vance Ginn, Ph.D.
    ​@LetPeopleProsper

    Vance Ginn, Ph.D., is President of Ginn Economic Consulting and collaborates with more than 20 free-market think tanks to let people prosper. Follow him on X: @vanceginn and subscribe to his newsletter: vanceginn.substack.com

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