315. Post-Election Economic Realities with Dr. Alex Salter | Let People Prosper Show Ep. 123🎙️
Alex and I discuss the election's impact and the need for a pro-growth agenda.
Hello Friends!
In this episode of the Let People Prosper Show, I welcome back Dr. Alex Salter for his fourth appearance. He is the Georgie G. Snyder Associate Professor of Economics in the Rawls College of Business at Texas Tech University and the Comparative Economics Research Fellow at TTU's Free Market Institute.
We explore the economic landscape following the recent presidential election and dive into the challenges of fiscal responsibility facing Congress, the influence of the Federal Reserve in managing inflation, and the Biden administration's impact on the cost of living.
We also discuss how economic policy shapes national prosperity, emphasizing the need for growth-oriented reforms, ethical considerations, and accountability in monetary policy.
Join us for a critical look at how pro-growth policies can create a brighter economic future for Americans.
Key Topics Discussed:
Congressional Challenges in Fiscal Responsibility
We unpack the procedural barriers Congress faces in achieving fiscal discipline and the impact of legislative gridlock on long-term economic stability.Populism's Influence on Economic Policy
Populism’s rise has fostered a handout culture, influencing economic policies and prioritizing short-term benefits over sustainable growth.Deregulation as a Path to Growth
Dr. Salter emphasizes deregulation's significant economic and employment benefits, advocating for policies that unleash private-sector innovation and reduce unnecessary red tape.
Chapters
00:00 - Introduction and Guest Introduction: Setting the stage for a discussion on fiscal and monetary policy post-election.
06:05 - Congressional Procedures and Fiscal Responsibility: Analyzing the hurdles Congress faces in pursuing fiscal responsibility and the impact on national economic health.
12:04 - Housing Market Dynamics: Exploring how housing prices play into broader inflation metrics and the role of policy in stabilizing this crucial sector.
20:10 - Populism and Economic Policy: Discussing how populist demands shape economic decisions, often at the expense of long-term growth.
28:04 - Deregulation and Economic Growth: Examining the role of deregulation in driving economic opportunity and job creation.
36:09 - Space Policy and Economic Opportunities: Delving into how space policy can unlock job opportunities across skill levels, showcasing another frontier for pro-growth reforms.
This episode is packed with insights illuminating the road ahead for America’s economy. Don’t miss out on the chance to understand how these policies affect your wallet and the broader economy!
Previous 3 episodes with Alex:
86. The Problem With Our Public Schools, the Federal Reserve & More w Dr. Alexander Salter | Ep. 12
Please share and rate the Let People Prosper Show wherever you get your podcasts, visit vanceginn.com for more insights, and subscribe to my newsletter for show notes at vanceginn.substack.com.You can also invite me on your podcast, speak at an event, or conduct research.
Keep reading with a 7-day free trial
Subscribe to Let People Prosper to keep reading this post and get 7 days of free access to the full post archives.