243. Government Handouts Threaten America's Future | This Week's Economy Ep. 57

What do foreign wars, deficits, corporate welfare, Medicaid, and property taxes have in common? Find out this and more in 12 minutes.

Hello Friends!

In today’s episode, I explain how handouts to businesses, individuals, and foreign countries threaten America’s future, the need to eliminate property taxes, and more. Thank you for subscribing and sharing this newsletter with others!

Watch the episode below or listen to it on your favorite podcast platform:

I cover the following:

• April 13 was 13 years since I lost my dad to SUDEP. Learn more about it.

• Why is Congress spending more on foreign affairs when we’re in a spending crisis, which makes us weaker domestically and abroad? (Don’t miss my interview with Neil Cavuto on Fox Business.)

• Are tariffs the best way to reduce trade deficits with other countries? A new paper at Cato Institute by Erica York of Tax Foundation provides valuable insights.

• Why should the National Conservative Conference in Brussels not have been shut down by police even when they are misguided with their assumptions and solutions? See this statement against shutting down this Conference by Freedom Conservatives.

• How can Texas eliminate property taxes even as the Houston Chronicle and others push back on such a pro-growth proposal? Better spend and tax policy would have put Texas at the top of ALEC’s economic outlook ranking by following my approach (see more under paywall).

• How would the One Door policy recently passed by the U.S. House help improve safety net programs by states?

• Why are industrial policy and handouts to individuals or businesses doomed to fail? (more under paywall) This includes government-mandated national paid family and medical leave proposed by Biden.

Media Hits & More

• "April heralds two markers in Americans’ financial calendar. Neither brings joy. Their anguish reminds us of the dire need for fiscal reform before it’s too late." What are they, and how can America regain fiscal sanity while not hindering economic opportunity as much? Find out in my latest piece at AIER on Tax Day!

• Watch this week’s Let People Prosper episode with Dr. Kevin Kosar of AEI on why government projects don’t work as intended and the appropriate government roles.

• The upcoming episode on Monday with Connor Boyak on Mediocrity, school choice, roles for limited government, and Tuttle Twins.

• Quote of the Week:

• Bible Verse of the Week:

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