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📈 Inflation remains high at 3.3% y/y, and the Fed's slow response is not helping. 📊 The latest jobs report shows a shift to part-time work and declining labor force participation, with real wages declining. 🏡 The Texas GOP's priorities miss key issues like spending restraint and property tax elimination, which are crucial for economic growth. Listen, like, share, and subscribe. Check out my newsletter for show notes and more at www.vanceginn.substack.com. Did you know…
🏡 91% of Gen Z see housing affordability as crucial in choosing the next president. 📊 Recent reports show a move to part-time work and declining full-time positions, with inflation-adjusted purchasing power falling. 🏦 The FDIC's complex regulations and internal issues hinder bank efficiency and increase costs. Listen, like, share, and subscribe to find out and learn much more. Join me for Episode 63 of "This Week's Economy" as we dive into key economic issues affecting us all! Here are the highlights:
📈 Inflation Impact: The Federal Reserve's interest rate hikes influence borrowing costs and the broader economy. 🏡 Housing Crisis: Exploring solutions to skyrocketing housing prices and making homeownership accessible again. 🤠 Texas Reforms: Recent election results, the push for universal school choice, budget cuts, and property tax elimination in Texas. Thank you for listening! Please like, share, and subscribe. For more info, subscribe to my newsletter at vanceginn.substack.com and check out vanceginn.com. Stay informed, stay free, and let's keep working together to let people prosper! Don’t miss the latest economic news in 9 minutes:
💸New CPI inflation report shows a 3.4% increase over the last year, while real average weekly earnings have dropped 4.4% since Biden took office. The Fed must act faster to cut its balance sheet, as I discussed on Fox Business with Cavuto. #Bidenomics #Inflation 📈Biden's tariff practices are a tax hike on those earning less than $400K, despite promises. Join me on the Sean Hannity Show, Lars Larson Show, and NTD News where I discussed the high costs and the failure of Bidenomics. #Tariffs 📚Government schools in Texas are fully funded, NOT UNDERFUNDED like some are saying! Despite declining enrollment and failing test scores, progressives still push for more funding. It's time for universal ESAs to empower parents and lower property taxes. #SchoolChoice 💬 Like, subscribe, and share my take on key economic issues every week. For more info, subscribe to my newsletter at vanceginn.substack.com and check out vanceginn.com. Dive into this week's hot economic topics in just 12 minutes on "This Week's Economy"! 🕒
I tackle big questions: 🌍 Are humans driving climate change? 📊 What's the latest in the U.S. labor market? 🌟 How are Texas and Louisiana setting examples of prosperity? Don’t just listen—engage! Share your thoughts, rate me, and leave a review. For in-depth insights and show notes, subscribe to my Substack at vanceginn.substack.com or visit vanceginn.com. #economy #SocialSecurity #Medicare #ClimateChange In the 10-minute “This Week’s Economy” episode, I discuss the following (and more!):
- Why did the Fed pause again? - How do investors help the housing market? - How are states’ economies doing? Please share, rate, and review this episode. Check out my Substack newsletter with show notes and more at vanceginn.substack.com or vanceginn.com. In the 15-minute “This Week’s Economy” episode, I discuss the following (and more!):
- What will happen with TikTok because Congress passed a bill banning it? - How would increasing government create a more “justly ordered society”? - Why are red states leading the way in job creation? - What should Texas and other states do with “surplus” money? Please share, rate, and review this episode. Check out my Substack newsletter with show notes and more at vanceginn.substack.com or at vanceginn.com. In the 12-minute “This Week’s Economy” episode, I discuss the following (and more!):
- Why is Congress spending more on foreign affairs when we’re in a spending crisis? - Are tariffs the best way to reduce trade deficits with other countries? How can Texas eliminate property taxes? - Why are industrial policy and handouts to individuals or businesses doomed to fail? Please like this video, subscribe, share it on social media, and rate and review it. I would appreciate it if you would become a subscriber to my Substack newsletter so you’ll receive my episodes, show notes, and other valuable insights in your inbox twice per week at vanceginn.substack.com. You can also find this information and more at vanceginn.com. In “This Week’s Economy” episode 56, I discuss the following and more in 13 minutes:
- What did the latest jobs and inflation reports tell us about the Fed’s next steps? - How should states advance pro-growth policies? - Why did the Teamsters Union block autonomous vehicles in Kentucky? Please like this video, subscribe, share it on social media, and rate and review it. I would appreciate it if you would become a subscriber to my Substack newsletter so you’ll receive my episodes, show notes, and other valuable insights in your inbox twice per week at vanceginn.substack.com. You can also find this information and more at vanceginn.com. In “This Week’s Economy” episode 55, I discuss the following and more in 11 minutes:
How Government Influences Bridge Repairs and Minors on Social Media | This Week’s Economy Ep. 543/29/2024
In “This Week’s Economy” episode 54, I discuss the following and more:
See show notes on Substack: www.vanceginn.substack.com Visit my website for more economic insights: www.vanceginn.com Who’s REALLY To Blame for the Housing Affordability Crisis: Investors, Markets, or Governments?3/22/2024
In “This Week’s Economy” Episode 53, I discuss the following and more:
- What’s up with the housing market? - Will Louisiana be next to get universal school choice? - Why can’t we treat people like people instead of pawns? Please like this video, subscribe to the channel, share it on social media, and provide a rating and review. Subscribe and see show notes for this episode on Substack - www.vanceginn.substack.com Visit my website for economic insights - www.vanceginn.com In today’s This Week’s Economy episode 52, I discuss the benefits of economics, school choice, spending limits, abundance, vacations, and much more in 8 minutes!
I explain how abundance matters through a limited government that provides more rest and leisure. Please like this video, subscribe to the channel, share it on social media, and provide a rating and review. See show notes for this episode on Substack and subscribe to receive it in your inbox: www.vanceginn.substack.com Visit my website for economic insights: www.vanceginn.com In today’s This Week’s Economy episode 51, I discuss the latest hot topics on Super Tuesday, Biden’s SOTU, universal school choice, and much more!
Please like this video, subscribe to the channel, share it on social media, and provide a rating and review. See show notes for this episode on Substack and subscribe to receive it in your inbox: www.vanceginn.substack.com Visit my website for economic insights: www.vanceginn.com In today’s This Week’s Economy episode 50, I discuss the latest hot topics on Big Tech, fiscal commission, sustainable budgets, Texas spending, school choice, and much more!
Please like this video, subscribe to the channel, share it on social media, and provide a rating and review. Subscribe and see show notes for this episode on Substack - www.vanceginn.substack.com Visit my website for economic insights - www.vanceginn.com In today’s This Week’s Economy episode 49, I provide a trigger warning about my 10 unpopular views, housing deregulation, property taxes, Gen-Zers moving to Texas, and much more. 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).
Thank you for listening to the 48th episode of "This Week's Economy."
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). Thank you for listening to the 47th episode of "This Week's Economy."
Today, I cover the following and more in 10 minutes: 1) National: - The federal fiscal trajectory is unsustainable and must be corrected before more crises happen, as the trust funds for Social Security and Medicare are expected to run dry over the next decade - U.S. household debt rose by $212 billion in Q4 2023 to a new record of $15.7 trillion - Federal Reserve Chairman Jerome Powell recently noted on 60 Minutes that no target federal funds rate cuts until at least May 2024, and Congress must get control of deficit spending - What’s really going on at the border? I wonder if it has anything to do with Trump’s trade war and lockdowns, as apprehensions started increasing in 2020 before Biden took office 2) States: -Texas approved a new constitutional amendment that provides $10 billion for low-interest loans to companies building thermal energy plants, increasing corporate welfare in Texas -Americans for Tax Reform has updated the Sustainable Budget Project website, showing how states can improve budgets and providing economic and fiscal comparisons -The Kansas Policy Institute released the third iteration of the Responsible Kansas Budget, revealing ample opportunity for Kansas to limit government spending and reduce tax rates. 3) My Media Hits & Other: - I had a blast at the Brickell Unconference in Miami with many freedom fighters known as Freedom Conservatives - Check out this week’s LPP episode with Dr. Bryan Caplan on the myth of the rational voter, the case against education, open borders, and more -Don’t miss this upcoming LPP episode on Monday with Dr. Michael Strain on the national debt crisis, Trumpism, and why the American dream isn’t dead 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). Podcast: Real Average Weekly Earnings Fall AGAIN: Can Americans Keep Up With Costs in 2024?2/2/2024
Thank you for listening to the 46th episode of "This Week's Economy."
Today, I cover the following and more in less than 12 minutes: 1) National: - Average weekly earnings adjusted for CPI or PCE declined in 2022 and 2023 during the Biden administration. - In an X poll, 85% of voters wanted to cut government spending, 10% said to cut taxes, 3% said to raise taxes, and 2% said to raise spending. - Is Oren Cass right to criticize "market fundamentalism”? 2) States: - My research by Texans for Fiscal Responsibility shows how the Legislature’s property tax relief last session was the second largest in state history despite what some have been claiming. - My research on the Responsible Louisiana Budget provides a roadmap to fiscal sustainability in Louisiana. This is needed because employment has declined for 7 straight months, and people keep leaving the state. - My commentary at Complete Colorado calls on Governor Polis to do as he’s promised and reduce tax expenditures so there is more opportunity to cut income taxes, which should include less spending. 3) My Media Hits & Other: - I was quoted in Forbes discussing how Texas could have universal ESAs and save at least $13 billion per year, but too many want to grow the budget. - I was recently accepted to be a 2024 Club for Growth Foundation Fellow. -Don't miss last week's LPP episode with Dr. Bruce Caldwell on Friedrich Hayek, including his upbringing, economics, and much more - Set your alarms for Monday's LPP episode on Monday with Dr. Bryan Caplan on open borders, reasons to have more kids, an end to education, and more. 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). Thank you for listening to the 45th episode of "This Week's Economy."
Today, I cover: 1) National: -DeSantis drops out of the race, and New Hampshire primary results put Trump and Haley fairly close, so what happens next? -Real GDP for Q4 2023 was up 3.3%, but the contribution of costly, unproductive government spending makes the real private GDP rate lower. -The stock market has been better under Trump than Biden through three years of their terms, but Trump can’t necessarily take the credit. Will he try? -Grocery prices have moderated but have still outpaced earnings since 2019; what does it mean to you? -Why the tax code shouldn’t serve as social engineering, but why does Congress try? 2) States: -National School Choice Week highlights which states need to provide universal education freedom. Is your state next? -My new paper with Sal Nuzzo of the James Madison Institute notes how Florida can reduce its sales tax burden, but will they do it? -State-level jobs report reveals that job growth is slow across most states, but Texas leads in job creation. How does your state do? 3) My Media Hits & Other: -My recent commentary reveals what’s really going on in the labor market. -My latest bonus LPP episode with Brad Swail of Texas Talks shares my thoughts on the economy, Texas, property taxes, immigration, and more. -Last week’s LPP episode with Matt Mitchell reveals how Estonia is freer than the U.S. -Set your alarms for Monday so you don’t miss my upcoming episode with Dr. Bruce Caldwell on Friedrich Hayek and much more. 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 reveal the TRUTH about the Iowa Caucus results, how TX expanding Medicaid for mothers will impact poverty, new data supporting the problem of government safety nets, and lots more.
I cover the following in less than 13 minutes: 1) National:
Bible Verse of the Week. Please reach out to me if I can be of service to you! I cover the following in less than 12 minutes:
1) National:
Podcast: What do $34 Trillion Debt, Border Wall, & 22 States Raise Minimum Wages gave in common?1/5/2024
Thank you for listening to the 42nd episode of "This Week's Economy."
Today, I cover: 1) National: -Gross federal debt reaches $34 trillion -Immigration data shows there were more illegal immigrants than American births in August 2023 -Inflation updates and my thoughts on the policies presented by current GOP candidates 2) States: -22 states increased minimum wage, which is a bad idea -Important issues on the Texas Republican primary ballot -Key opportunities for welfare reform in states to lift people out of poverty 3) Other: -My two latest interviews with NTD News discussing interest rates potentially falling and what we can expect from this year's economy -My recent op-ed published at AIER about what America can learn from new Argentine President Javier Milei -My radio interview with Newell Normand on WWL NOLA on changes in tax code in 2024 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 my predictions for the economy in 2024 in less than 6 minutes, including information on:
Today, I cover:
1) National:
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Vance Ginn, Ph.D.
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