Let People Prosper - Vance Ginn Economic Consulting

Average 30-Year Mortgage Interest Rate is HIGHEST Since 2000 | TWE 27

9/22/2023

Click below to watch the episode and read on for show notes:

Today, I cover:
1) National: Shocking findings from the Fraser Institute's newest "Economic Freedom of the World Report," especially as it relates to the U.S. and Hong Kong, the Fed not raising interest rates, and the average 30-year mortgage rate reaching its highest since Nov. 2000;
2) States: My new co-authored report published by the Pelican Institute highlighting how Louisiana could become "the next big thing” with tax reform and responsible budgeting, and why Colorado's Taxpayer's Bill of Rights (TABOR) is under attack; and
3) Other: My recent articles on the DOJ's antitrust lawsuit against Google and Constitution Day.

You can watch this TWE episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, please check out my website (www.vanceginn.com) and subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

TWE 24 | Why the Latest GDP Rate Is NOT Something to Celebrate

9/1/2023

Today, I cover:

1) National: What the new revised GDP rate reveals about ongoing economic weakness, how the labor market continues to cool, and why there are more job openings than there are unemployed individuals;
2) Texas: My latest report published by Texans for Fiscal Responsibility highlights why Texas' state and local governments must spend less and eventually eliminate property taxes; and
3) Other: A sneak peek of next week's LPP podcast episode with Hannah Cox of BASEDPolitics, one of my recent articles on Townhall about new antitrust threats, and my experience at the State Policy Annual Network Meeting in Chicago.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, please check out my website (www.vanceginn.com) and subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

This Week's Economy Ep. 23 | Less Job Growth, But More GDP Growth? GOP Debate Thoughts & Recession

8/25/2023

Today, I cover:

1) National: Declining stock market, depreciating dollar, the Jackson Hole conference, Fed's balance sheet, revised lower job growth, questionable strong GDP growth, and why I believe we've been in a recession;
2) Louisiana: The Pelican State's latest job-market report, why employment is down, and what Louisiana can do to make a strong comeback; and
3) Other: My thoughts on the most recent GOP debate, my hopes for future debates, and more.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, please check out my website (www.vanceginn.com) and subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

This Week's Economy Ep. 22 | MULTI-DECADE High Interest Rates, Poor Job Market & China's Yuan Weakens

8/18/2023

Today, I cover the following in less than 15 minutes:
1) National: What the new decade-high interest rate signifies for homeowners and renters, promising GDP growth, and the left wants more spending on top of some of this "new political subsidy economy" while some on the Left admit Bidenomics has failed,
2) States: Job growth and unemployment rates across states from the latest U.S. Jobs Report, including which states have the lowest and highest unemployment and year-over-year changes; and
3) Other: Why China's yuan is weakening but their interest rates out-compete the U.S.', and reasons for optimism for quality of living as shown in a recent article.

Below are links to my recent interviews and publications:

NTD News interview on skyrocketing costs for families.
Econlib op-ed: "The Best Global Tax Reform? Lower Taxes"
The Center Square op-ed: "School is starting but kids are being left behind in Texas"
AIER op-ed: "Fitch Drops US Creditworthiness: Spending is the Reason"
Pelican Institute: "Louisiana Economic Report: August 2023"

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!
For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

This Week's Economy Ep. 21 | Happy Birthday, Milton Friedman: Economic Wisdom That Still Applies Now

8/11/2023

Today, I'm honoring what would have been the 111th birthday of Nobel prize winner and economist Milton Friedman.

His economic wisdom has profoundly impacted my philosophy. By discussing some of his most famous quotes, I divulge how so much of Friedman's findings and theories still apply today, and how we could have a better economy with more human flourishing by incorporating more of his research and views.

Two of my favorite books of his I recommend:

“Capitalism and Freedom” and
“Free to Choose”

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

This Week's Economy Ep. 20 | Fitch Downgrades U.S. Credit Score, New Weaker Jobs Report & More

8/4/2023

Today, I cover:

1) National: Findings from the latest (weaker) Jobs Report, household survey, average weekly earnings, and my thoughts on Fitch downgrading the U.S. credit score;
2) States: Why state and local tax revenues are down and what it means; and
3) Other: My recent interviews on Fox Business, NTD News, and KTRH Houston discussing the Fitch downgrade and how Bidenomics rewards the wealthy. Check out the latest Chart of the Century put out by AEI.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

This Week's Economy Ep. 18 | Which States Show MOST Job Growth? Why Antitrust Laws Are HUGE Barriers

7/21/2023

Today, I cover:

1) National: Findings from the latest Jobs Report, including which states are leading the way in job creation;
2) States: Why the latest Texas property tax relief is significant, but could be better, and a new conservative state budget plan for Tennessee that could propel the state to greater prosperity; and
3) Other: My new antitrust paper at Pelican Institute and more.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

This Week's Economy Ep. 17 | Are New CPI Inflation & Jobs Reports Good News? Reality of "Bidenomics"

7/14/2023

Thank you for reading the Let People Prosper newsletter, which today includes the 16th episode of "This Week's Economy,” where I briefly share insights every Friday on key economic and policy news across the country.

Today, I cover:
1) National: Findings from the latest Jobs Report and CPI inflation data, including employment still not recovered fully since shutdowns and inflation not fully cooled;
2) States: Updates on Texas' second special session, why the proposed property tax relief is a letdown, and new reports revealing that red states have better economies; and
3) Other: My thoughts on "Bidenomics" and the Fed's balance sheet.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

This Week's Economy Ep. 16 | Why Final Sales Tax Is Least Burdensome with Less Government Spending

7/7/2023

Thank you for watching the Let People Prosper Show, which today includes the 16th episode of "This Week's Economy,” where I briefly share insights every Friday on key economic and policy news across the country.

Today, I cover:
1) National: Why America is headed down a road of less freedom and liberty due to ongoing excessive government spending and why a spending limit based on a maximum of the rate of population growth plus inflation would put us back on track to prosper; and
2) Sound Fiscal Policy: Why I believe that the only tax the governments should have in a 21st-century economy to fund limited government is a final sales tax, and the benefits of eliminating property, income, and corporate taxes and the problems with carbon taxes.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

This Week's Economy Ep. 15 | Home Prices Decline, Ford Layoffs from Green Energy, Updates in LA & TX

6/30/2023

Thank you for watching the Let People Prosper Show, which today is the 15th episode of "This Week's Economy,” where I briefly share insights every Friday on key economic and policy news across the country.

Today, I cover:
1) National: Latest reports from the markets and how the U.S. dollar is being devalued due to interest rates rising in other countries;
2) States: What's lacking in Louisiana's new irresponsible state budget and why more spending and tax reform is required to keep the state competitive, and why the Texas job market is thriving while Louisiana flounders; and
3) Other: Significant layoffs at Ford and why this is likely impacted by green energy agendas subsidizing electric vehicles and why subsidies and tax incentives are flawed approaches to reducing carbon emissions.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

This Week's Economy Ep. 14 | Inflation is Americans’ Top Concern, State Jobs Report, & Minimum Wage

6/23/2023

Thank you for reading the Let People Prosper newsletter, which today includes the 12th episode of "This Week's Economy,” where I briefly share insights every Friday on key economic and policy news across the country.

Today, I cover:
1) National: New Pew Research poll reveals that inflation is the top concern for Americans on both sides of the political aisle, Fed needs to do more, and financial markets remain loose;
2) States: New state-level jobs report and which states are leading and breakdown of the largest spending increase in Texas history and why it's not good for keeping the Texas Model strong; and
3) Other: The importance of educating young audiences on capitalism and socialism and my experience teaching with a "minimum wage" game to a group of high school students.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.

This Week's Economy Ep. 13 | Is the New Inflation Rate Good News? + Fed Pause + Texas Property Tax Stalemate + Louisiana’s Irresponsible Budget + Problem w "New Right"

6/16/2023

Thank you for reading the Let People Prosper newsletter, which today includes the 12th episode of "This Week's Economy,” where I briefly share insights every Friday on key economic and policy news across the country.

Today, I cover:

1) National: Why the new inflation rate is not exactly good news in light of prices still being too high in many sectors and why the Fed should more aggressively cut its balance sheet;
2) States: Updates on the Texas special session and the ongoing fight for property tax relief and why I believe eliminating M&O property taxes with compression is the best path forward; Louisiana's latest session and why its budget is irresponsible; and
3) Other: Discussion of "the new right" and why it's anti-capitalism and anti-freedom.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!
For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter, share this post, and leave a comment.

This Week's Economy Ep. 12 | TRUTH On the Jobs Report & Texas ELIMINATING Property Taxes with Compression

6/9/2023

Thank you for joining me for the Let People Prosper podcast, which today includes the 12th episode of "This Week's Economy,” where I briefly share insights every Friday on key economic and policy news across the country.

Today, I cover:
1) National: What the new market data and latest jobs report indicate about the current economy, insights from the Establishment and Household Surveys, and my thoughts on the recently passed debt ceiling deal;
2) Texas: Discussion on the latest efforts in Texas to eliminate property taxes with a buy-down of school M&O property taxes using state surplus funds for what’s called compression (details here), and why this is the best path forward for Texas to prosper;
3) Other: Sneak peek of next week's exciting podcast episode with Leslie Ford discussing safety net reforms. Please like this video and subscribe to the channel if you enjoyed this podcast!

And don’t miss my latest Daily Caller article on the debt ceiling deal:

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, please check out my website (https://www.vanceginn.com/) often for updates and subscribe to my newsletter to receive these episodes and more in your inbox.

This Week's Economy Ep 10 | Is U.S. in Recession? Will TX Pass Largest Spending Increase in HISTORY?

5/26/2023

Today, I cover:
1) National: What's the latest on the debt ceiling deal, why I believe that the U.S. is in a recession based on the latest GDP report, and how inflation continues to indicate more aggressive monetary tightening by the Fed;
2) State-Level Jobs: I break down the latest state-level jobs report and share reasons for optimism and more with a focus on Texas and Louisiana.
3) Texas: What's going on with the current Texas legislative session, and why the proposed budget increase would be the largest spending increase in TX history while not passing the largest property tax relief in history. Plus, massive increases in corporate welfare, and large increases in social safety net spending, which would result in a disaster for Texans and the Texas economy.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor (please share, subscribe, like, and leave a 5-star rating!).

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter on Substack, share this post, and leave a comment.

This Week's Economy Ep 9 | New Debt Ceiling Bill, Importance of Reducing Taxes, Gov. Spending & More

5/19/2023

Don't miss the 9th episode of "This Week's Economy,” where I briefly share insights every Friday on key economic and policy news across the country.

Today I cover:
1) National: Breaking down the latest debt ceiling bill and the importance of restraining government spending for helping the economy to bounce back;
2) States: How states are setting an example of better spending habits with responsible budgeting and taxation in states like Florida and Iowa; and
3) Recession: Why I believe next year's data will show that we are in a recession that is set to deepen due to ongoing stagflation, and more.

You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor (please share, subscribe, like, and leave a 5-star rating!).

For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter on Substack (vanceginn.substack.com/).