225. The TRUTH Revealed About Unaffordable Health Care and Costly Shrinkflation

In today’s This Week’s Economy episode 48, I reveal the truth about “shrinkflation,” health care costs straining federal + household budgets, whether we can afford to send more funds overseas, & more.

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In today’s This Week’s Economy episode 48, I reveal the truth about “shrinkflation,” health care costs straining federal and household budgets, whether we can afford to send more funds overseas, and much more in 10 minutes.

Watch the episode on YouTube or below:

Today, I cover the following:

1) National

• CPI inflation hotter than expected + shrinkflation results from failed DC policies, not “greedflation,” as I noted in my recent NTD News interview.

• Rules over discretion provide the best path forward to get our fiscal and economic houses in order, as I noted in my recent commentary at AIER.

• DC is broken - what does Hayek tell us about how to correct it? I explain this in my latest piece at Econlib.

• Heath care costs are driving burdens on federal and household budgets. What can be done about them? I explain in my latest piece at Daily Caller.

• Taxpayer funding of Ukraine, Israel, and other foreign affairs looks to be increasing once again, even as audits of the funds and extra funds aren’t available.

2) States

• Texas politics are heating up as there is infighting between Republicans. When will they get their act together and return to leading by example and principles of free-market capitalism?

• Texas is the state export leader for the 21st year in a row, with 23% of the nation’s exports from a state with 10% of the US GDP, but there is room to improve.

3) My Media Hits & More

• I did an interview with Jon Caldera at Independence Institute in Colorado this week on sustainable budgeting; it should run in about a month.

• I will be in Las Vegas next week to speak at a conference by Health Care Administrators Association about the rising burden of health care.

• I’ll also be speaking at an upcoming health care conference by Global Health where I’ll interview Dr. Deane Waldman about the pros and cons of price transparency in health care.

• See this week’s LPP episode with Dr. Michael Strain on the national debt crisis, Trumpism, and why the American dream isn’t dead.

• Don’t miss the upcoming LPP episode with Dr. Sven Larson on how Europe compares with the U.S., and what should be done to avoid the malaise in Europe here.

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