239. Fed's Inflation Fight Isn't Over | This Week's Economy Ep. 55

Why is inflation still high but some think the Fed will cut interest rates soon? I explain this, the recession, Texas surpluses, and more in 11 minutes.

Hello Friends!

In today’s episode, I explain why the Fed’s inflation fight isn’t over, why Texas should use surpluses to put school property taxes on a path to elimination, why protectionism is bad, and more.

Thank you for subscribing and sharing with your friends and family! Also, please become a paid subscriber today to support my work.

Watch the episode on YouTube or below:

I cover the following:

• What’s the latest on PCE inflation and real average weekly earnings, and the next steps for the Federal Reserve?

• What did the latest Q4:2023 data for GDP tell us?

• Which country’s people will Congress ban from buying property or selling goods and services from next? The latest on China…

• How is the Texas economy, and how does it relate to the U.S. economy?

• Should Texas expand Medicaid? I explain in a quote in the Texas Tribune.

My Media Hits & More

• Check out my interview on NTD News about California raising its minimum wage for fast-food restaurants to $20 per hour. However, the real minimum wage is always $0 when you lose your job. Also, see my NTD News interview on the economic costs of the Baltimore bridge tragedy.

  

• Read my commentary at AIER on the $1.5 billion to GlobalFoundries from the CHIPs and Science Act, which is bad industrial policy (there’s no good type).

• See my quote in the Texas Tribune on how housing unaffordability is driven by zoning restrictions and high property taxes in Texas.

• Watch this week’s Let People Prosper episode with John Phelan on the importance of social capital and which policies help support it most so that more people prosper.

• The upcoming episode on Monday with David Bahnsen of The Bahnsen Group will discuss his latest book, Full-Time Work and the Meaning of Life, and what comprises a free and virtuous society.

• Quote of the Week: Government failures suck!

• Bible Verse of the Week: Know your enemy.

---

Get the paid material below! If you’re not a paid subscriber and don’t want to miss out on more insights, please become a paid subscriber for just $50 per year.