250. Solving Social Security and Medicare Insolvency | This Week's Economy Ep. 60

Climate Change, Jobs Report, Texas Economy, Welfare Programs, and more discussed in this 12-minute episode.

Hi Friends!

In today’s episode, I explain why the climate is always naturally changing, why Social Security and Medicare programs need reforms, how Texas needs to improve its policy, and much 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:

• The Economist magazine: “By cooking so many cows, humans are cooking themselves, too.” This is ridiculous.

• Overview of last week’s US jobs report. (more under paywall)

• Central banks were too expansionary for too long.

• Latest report shows Social Security and Medicare programs face insolvency in about a decade. What should be done about them? (see info under paywall)

• Texas Speaker Dade Phelan finally released the House’s interim charges, but some big items are missing, including universal school choice and eliminating property taxes (more under paywall).

• Texas and other states should be cautious about moving forward with energy and electricity generation, especially with more government action.

• There are big opportunities for reforms in Louisiana, but will they get done during this session?

• The latest regulatory tracker by American Action Forum shows that Trump had reduced regulatory costs in the final year (when I was there).

Media Hits & More

• Check out the bonus episode of the Let People Prosper show, where I am interviewed by John Hendrickson of Iowans for Tax Relief Foundation about my story from poverty to rockstar to entrepreneur economist and how my Christian faith connects with these. Don’t miss my recent commentary with John on how Iowa leads the way with conservative budgeting and tax relief.

• Watch this week’s Let People Prosper episode with Dr. James Broughel, senior fellow at the Competitive Enterprise Institute, on the high costs of regulation, insights on regulatory cost-benefit analyses, and much more.

• The upcoming episode on Tuesday, May 14, is with Dr. Corey DeAngelis, who is a senior fellow at the American Federation for Children and the author of multiple books, including his latest release called, "The Parent Revolution.”

• Quote of the Week:

• Bible Verse of the Week:

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Please contact me when you need policy analysis, a speaker, an interview, or other things a free-market economist can help you prosper in. Also, 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 today.