245. Federal Funds & TikTok: Influence on Economy and Society | This Week's Economy Ep. 58

What's the latest on state-level jobs, TikTok, inflation, and conservatism? Find out in this 15-minute episode.

Hello Friends!

In today’s episode, I explain why the ban on TikTok will have problems in court and with the public, why national conservatism is just old progressivism, how inflation will persist, and why Texas and other states must wean themselves off the federal government. 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:

• What will happen with TikTok because Congress passed a bill banning it?

• How would increasing government create a more “justly ordered society”? (see more under paywall)

• Inflation remains and will remain persistent because of bad policies in DC. (see more under paywall)

• The latest state jobs report by BLS shows that Texas led over the last year, but job growth is slowing across most of the country. Why is that? Which states are doing best (h/t EJ Antoni)?

• Why should Texas and other states wean themselves off of federal funds? What should Texas do with another nearly $20 billion in general fund “surplus” and about $27 billion in the rainy day fund?

• States should end taxpayer-funded lobbying as it’s mostly against taxpayers.

• Should Iowa, Minnesota, Texas, and other states have a UBI? Check out my latest commentary with John Hendrickson in the Governing.

• How should states deal with electric grid issues? Like Texas?

• What is the cost of regulation in America?

Media Hits & More

• Watch my TV interview on Just the News with Amanda Head.

• Listen to my recent interview with host Scot Bertram on the Future of Freedom podcast. Angela Rachidi (previous guest on my podcast) and I agree on most issues and have some overlap on how SNAP should be reformed. Still, this episode provides two different views that we recorded separately. I appreciate her views and will continue to work toward finding ways that let people prosper, which includes less welfare and more work.

• I am partnering with Kansas Policy Institute to assist them with pro-growth ways to let people prosper! (I’ll remain in Texas.) See my first blog post at KPI on why Gov. Kelly should sign the bold income tax relief there.

• Check out my blog post at Mackinac Center in Michigan on the need for a sustainable budget to turn things around there.

• Watch this week’s Let People Prosper episode with Connor Boyak on Mediocrity, school choice, roles for limited government, and Tuttle Twins.

• The upcoming episode on Monday is with Dr. Josh Rauh of the Hoover Institute on the consequences of the pandemic response, fiscal insolvency, Laffer curve influence, and more.

• Quote of the Week:

• Bible Verse of the Week:

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