Let People Prosper - Vance Ginn Economic Consulting

Podcast: BONUS: Will the NEW Sustainable Budget Make South Carolina the Next Big State?

1/17/2024

Today, we discuss:
1) Why South Carolina was the fastest-growing state in 2023;
2) How SC leads the way in low supplemental poverty and abundant opportunities to prosper; and
3) Why the newly released 2025 SC Sustainable Budget would take South Carolina to the top.

Podcast: America's Health Care System is BROKEN. What Can Leaders Do?

1/15/2024

Today, we discuss:
1) How U.S. health care evolved away from a free-market system and the importance of restoring consumer control;
2) How to reduce health care costs and improve quality by reducing regulations and subsidies; and
3) The importance of reining in health care costs of Medicare and Medicaid to reduce government spending and balance the federal budget.

Podcast: Property Tax Relief Hits Texas: Will Texans Feel It?

1/12/2024

I cover the following in less than 12 minutes:

1) National:

Jobs report from last Friday looks good on the surface but weak under it
CPI inflation indicates it is heating up again, and real earnings are weak
GOP debate was too much infighting, not enough specificity
Trump v. Biden: Comparison after three years of their presidencies

2) States:

Will Texans not feel as much about property tax relief as some say? Could the total tax relief be much less from excess state and local spending?
Texas Policy Research Initiative, of which I’m a board member, launched this week and posted about the messy legislative process in Texas
New South Carolina Sustainable Budget for FY 2025 will pave a better fiscal and economic path forward.

3) Other:

I'm now an associate research fellow at AIER; don’t miss my latest piece there on how states are hurting people by raising their minimum wages
My personal website is newly updated; please check it out and connect with me if I can be of service to you or your organization.
Don't miss the latest LPP podcast with Adam Thierer of R Street Institute on the technology revolution
Monday’s new podcast with Michael Cannon of Cato Institute on improving health care affordability, accessibility, and quality

BONUS Podcast: Exploring the Conservative Approach to Budgeting in Iowa

12/6/2023

What can state and federal governments glean from Iowa's example when it comes to responsible budgeting? Find out!

If you value responsible government budgeting and fiscal conservatism, I believe you’ll enjoy this podcast episode. Thank you to Iowans for Tax Relief Foundation’s ITR Live podcast for having me on their show to discuss a conservative approach to balancing Iowa’s state budget, my time at the White House, and free trade.

Listen on Apple Podcasts or YouTube!

Original publication at Iowans for Tax Relief Foundation.

If you’d like to learn more about the responsible state budget revolution sweeping the nation, check out my post, where I dive deeper into the topic, including my extensive work helping reform state budgeting across the country.

Let People Prosper Show: Why America is HIGH RISK For a Recession But There are Reasons for Hope w Dr. Tyler Goodspeed | Ep. 37

3/28/2023

On today's episode of the "Let People Prosper" show, which was recorded on Feb. 24, 2023, I'm honored to be joined by Dr. Tyler Goodspeed, who is an economist, fellow at the Hoover Institution at Stanford University, and was acting chairman of the White House’s Council of Economic Advisers from 2020 - 2021.

We discuss:

His fascinating experience working inside the White House in numerous roles from 2017 to 2021;
What decisions led to present-day inflationary pressures, and why we need market growth; and
Why America is at high risk for a recession as well as reasons to be optimistic for future improvement and much more.

You can watch this interview on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor (please share, subscribe, like, and leave a 5-star rating).

Dr. Goodspeed’s bio and other info (here):

Tyler Goodspeed is a Kleinheinz Fellow at the Hoover Institution at Stanford University. From 2020 to 2021 he served as acting chairman of the Council of Economic Advisers, having been appointed by the president as a member of the council in 2019. In that role, he advised the administration’s economic response to the coronavirus pandemic, as well as subsequent economic recovery packages. He previously served as chief economist for macroeconomic policy and senior economist for tax, public finance, and macroeconomics, playing an instrumental role in designing the 2017 Tax Cuts and Jobs Act.
Before joining the council, Dr. Goodspeed was on the faculty of Economics at the University of Oxford and was a lecturer in economics at King’s College London. He has published extensively on financial regulation, banking, and monetary economics, with particular attention to the role of access to credit in mitigating the effects of adverse environmental shocks in historical contexts. His research has appeared in three full-length monographs from academic presses, as well as numerous articles in peer-reviewed and edited journals.
Goodspeed has a PhD in history from Harvard University and a PhD in economics from the University of Cambridge. He also received a BA in economics and history from Harvard, an MA in history from Harvard, and an MPhil in economic history from Cambridge, where he was a Gates Scholar. He is currently a member of the American Economic Association and the Economic History Association and an adjunct scholar at the Cato Institute, and was previously a member of the Economic History Society and the Royal Economic Society.

For thoughtful economic insights, media interviews, speeches, blog posts, research, and more at my website: https://www.vanceginn.com/.

Let People Prosper Podcast: The KEY to Escape Income Immobility & Poverty Is Economic Freedom + More w Dr. Vincent Geloso | Ep. 36

3/21/2023

In today's episode of the "Let People Prosper" podcast, which was recorded on February 24, 2023, I'm joined by Dr. Vincent Geloso, who shares his insights on:

The importance of economic freedom, especially as it relates to income mobility and inequality among countries and states;
The roles of societal, cultural, and economic institutions in unleashing poverty and promoting prosperity for people; and
The damage of over-regulations, such as occupational licensing barriers and more.

You can watch this interview on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor (please share, subscribe, like, and leave a 5-star rating).

Dr. Geloso’s and other info (here):

Born and raised in Saint-Lambert on the south shore of Montreal in Canada, I completed my Ph.D in economic history at the London School of Economics (LSE) in June 2016. My research centers on the historical measurement of living standards and inequality, public economics, population economics and political economy (in no particular order of preference). My dissertation was a finalist by the EHA for the Allan Nevins Award given to the best dissertation in North American economic history.
I also have a master’s degree from the LSE. I received my undergraduate degree from Montreal University in economics and politics.
I am currently assistant professor of economics at George Mason University. Previously, I was assistant professor of economics at King’s University College and visiting assistant professor of economics at Bates College (Lewiston, ME). I also used to be postdoctoral fellow at Texas Tech University as part of its Free Market Institute. Moreover, I used to be a course lecturer at HEC Montréal where I taught microeconomics, macroeconomics and economic history at both the undergraduate and graduate levels.
I have more than 60 peer-reviewed articles in academic journals. I have also published a book on Canadian economic history, in French, which has since been translated into English and published by Palgrave McMillan.
Find him on Twitter at @VincentGeloso.

Let People Prosper Podcast: Supply-Side Economics, the Laffer Curve, White House Stories, & More w Dr. Arthur Laffer | Ep. 35

3/14/2023

On today's episode of the "Let People Prosper" show, which was recorded on March 6, 2023, I'm honored to be joined by Dr. Arthur Laffer, legendary economist and 2019 recipient of the Presidential Medal of Freedom.

We discuss:

How raising income taxes disincentivizes work and productivity, slows growth, lowers tax collections (the Laffer Curve), and more in his latest book Taxes Have Consequences;
Why intellectual honesty in economics is essential no matter the politics;
What went into the economic policy decisions inside the White House with Nixon, Reagan, Clinton, Trump, and more. We discussed this and the need for pro-growth policies in a recent commentary at The Federalist.

You can watch this interview on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor (please share, subscribe, like, and leave a 5-star rating).

Dr. Arthur Laffer’s bio and other info (here):

Arthur B. Laffer is the founder and chairman of Laffer Associates, an economic research and consulting firm. As a result of Dr. Laffer’s economic insight and influence in starting a worldwide tax cutting movement during the 1980s, many publications have named him “The Father of Supply Side Economics.”
He is a founding member of the Congressional Policy Advisory Board, which assisted in forming legislation for the 105th, 106th and 107th Congress. Dr. Laffer served as a member of President Reagan’s Economic Policy Advisory Board for both of his two terms.
In March 1999, he was noted by Time Magazine as one of “the Century’s Greatest Minds” for his invention of the Laffer curve, which has been called one of “a few of the advances that powered this extraordinary century.”
He has received many awards for his economic research including two Graham and Dodd Awards from the Financial Analyst Federation. He graduated from Yale with a Bachelor’s degree in economics in 1963 and received both his MBA and Ph.D. in economics from Stanford University.

For thoughtful economic insights, media interviews, speeches, blog posts, research, and more at my website: https://www.vanceginn.com/.

The TRUTH About School Choice & Government-Run Schools w Randan Steinhauser | Ep. 34

3/7/2023

In today's episode of the "Let People Prosper" podcast, which was recorded on February 27, 2023, I'm joined by Randan Steinhauser, who shared her insights on School Choice, including:

Why School Choice puts students, parents, and teachers first;
How government-run schools are a failing system that put families last and educational bureaucrats first; and
Why Universal Education Savings Accounts (ESAs) are the best path forward for school choice in Texas and beyond, and much more.

You can watch this interview on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor (please share, subscribe, like, and leave a 5-star rating).

Randan Steinhauser’s bio and other info (here):

Randan Steinhauser is the Founding Partner of Steinhauser Strategies, which she launched in 2013 after relocating to Austin from Washington, D.C. Randan specializes in issue advocacy, non-profit, and corporate communications.
Randan’s career began in the Governor’s Office in South Carolina. In 2009 she joined the staff for U.S. Senator Jim DeMint in Washington, D.C. and later transitioned into the non-profit world working in foreign policy and education reform for former U.S. Secretary of Education Betsy DeVos.
She has worked in more than 30 states on issue advocacy and political campaigns. Randan assists clients with media relations, coalition development, strategic communications, and government affairs.
Originally from South Carolina, Randan is a graduate of The University of South Carolina. She attended The Women’s Campaign School at Yale University and is currently pursuing her Master’s in Communication from Johns Hopkins University. She is the proud mother of four including a set of identical twins.
Find her on Twitter (@RandanMarie).

How Congress Funds Tyranny and Government Inflates Its Role w U.S. Congressman Chip Roy | Ep. 33

2/28/2023

In today's episode of the "Let People Prosper" podcast, I have the honor of being joined by U.S. Congressman Chip Roy (R-TX) who shares his insights on:

How battling cancer ignited his vigor to fight for America's freedom for his generation and future generations;
How politicians fund the tyranny they claim to fight against; and
His views on the current debt ceiling debate, the complications of limiting government spending, and more.

You can watch this interview on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor (please share, subscribe, like, and leave a 5-star rating).

Congressman Chip Roy’s bio (here):

Congressman Chip Roy is a devoted husband and father of two currently serving his third term in Congress representing Texas's 21st Congressional District — which includes South Austin, North San Antonio, and the Texas Hill Country.
Previously, Rep. Roy served as First Assistant Attorney General of Texas under Ken Paxton, Chief of Staff to Sen. Ted Cruz, senior advisor to Texas Governor Rick Perry, Senate Judiciary Committee staff director under Sen. John Cornyn, and as a federal prosecutor.
Prior to the public sector, he worked for nearly three years as an investment banking analyst.
Rep. Roy holds a B.A. and M.A from the University of Virginia and a J.D. from the University of Texas. He serves on the House Judiciary, Rules, and Budget Committees and is the Policy Chair of the House Freedom Caucus.
Find him on Twitter (@ChipRoyTX).

For thoughtful economic insights, media interviews, speeches, blog posts, research, and more at my website: https://www.vanceginn.com/.

Podcast: The Liberty Café 117: Big Government Republicans Pushing Property Tax Breaks for Big Business

2/28/2023

In 2021, a bipartisan coalition ended school property tax abatements for corporations and renewable energy companies. On this week’s Liberty Cafe, Vance Ginn and Tim Hardin join me to discuss how Big Government Texas Republicans are attempting to restore this program for their friends in Big Business.

President Biden's State of the Union Address DEBUNKED: Explaining Inflation, Debt, Unemployment, & More | Ep. 32

2/21/2023

In today's solo episode, I use sound economics to break down misleading claims from President Biden's 2023 State of the Union address and share realities on the following (see my recent newsletter for more on this):

Fiscal insanity is driving us down a road to insolvency which the debt ceiling confrontation should be used to rein in spending;
The responsible state budget revolution happening across the country is important; and
The truth about the recently released labor market and inflation data.

You can watch this interview on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor (please share, subscribe, like, and leave a 5-star rating).

Dr. Vance Ginn’s bio (here):

Vance Ginn, Ph.D., is an accomplished economist finding free-market solutions that let people prosper. He is founder and president of Ginn Economic Consulting where he provides high-quality research and trusted insights on how to affect change at the federal, state, and local levels. Ginn’s experience includes time in public policy, government, and academia. He is chief economist at Pelican Institute for Public Policy and senior fellow at several national and state-based think tanks, including Young Americans for Liberty and Americans for Tax Reform.
He previously served as the associate director for economic policy ("chief economist") of the White House’s Office of Management and Budget, June 2019 to May 2020. While there he advised the OMB’s senior staff on economic and fiscal policy matters, resulting in $4.6 trillion in savings over a decade and the need for a fiscal rule in the President's FY 2021 Budget. He is the former chief economist at Texas Public Policy Foundation and policy director for TPPF’s Alliance for Opportunity campaign, a multi-state poverty relief initiative, where he collectively fought and won many free-market reforms to let people prosper during multiple legislative sessions. He has taught many economic courses at institutions of higher education, including Sam Houston State University and Texas Tech University, where he won a teaching award.
Ginn has appeared on leading national and state news shows, such as “America Reports” on Fox News and “Cavuto: Coast to Coast” on Fox Business. His commentaries have been published in The Wall Street Journal, Fox News, Washington Post, National Review, Washington Examiner, American Institute for Economic Research, Econlib, and other national and state publications. He earned his doctorate in economics at Texas Tech University. Ginn graduated from home school in South Houston, Texas, resides in Round Rock, Texas with his wife and three kids, and is a drummer who played for a top rock band in Houston, Texas.
Find me on Twitter (@VanceGinn).

For thoughtful economic insights, media interviews, speeches, blog posts, research, and more at my website: https://www.vanceginn.com/.

TPPF's "The Foundation" Podcast with Me as a Guest

3/27/2018

Don't miss the Texas Public Policy Foundation's latest "The Foundation" Podcast episode: Dr. Kevin Roberts, Executive Director of TPPF, & I discuss how #NAFTA, #MinimumWage, #Tariffs, and the #Texas model affect people:
https://mailchi.mp/texaspolicy/the-foundation-podcast-episode-4-with-economist-vance-ginn-available-now

Be sure to subscribe to the Podcast so you won't miss an episode: http://texaspolicy.com/podcast.