Round 3: Does Work Bring Optimism?

I highlight happenings in the Texas Legislature's 2nd special session and note the 3rd starts soon, failures of Biden's 3 big policies, and improvements in 3rd wave of COVID-19 in Texas.

Hello Friend,

I hope you’re flourishing and had a fantastic Labor Day doing some work! By the way, if you’re looking for a job, the Texas Public Policy Foundation is hiring. Thanks for joining me again as we embark on ways to adhere to my motto: Free-market capitalism best lets people prosper. Please share this newsletter and ask them to subscribe.

  • Hot take: The Texas Legislature’s second special session ended last week and Governor Abbott announced the third special session will start on September 20. There’s never a dull moment in Texas. Too bad D.C. couldn’t learn a few more things of how to do things right like much of what’s done in Texas. I wish more could have been done with property tax relief, but there was some relief for those 65 and older, disabled, and first-time homebuyers along with the strengthening of our property tax revenue trigger and maintaining the relief from the 2019 session this year. There’s certainly more to do as we need to eliminate property taxes in Texas to become an economic juggernaut without a personal income tax or property tax one day. My ideal tax system in Texas would be only a final sales and use tax…we have to dream before we can achieve it, correct?!?

Now for the latest on Texas, D.C., and COVID-19 in Texas.

TEXAS ECONOMIC AND FISCAL SITUATION

U.S. ECONOMIC AND FISCAL SITUATION

WHAT’S UP WITH COVID-19 IN TEXAS AND BEYOND

Closing Thoughts

Thought-provoking quote by the one and only economist Thomas Sowell:

My prayers this week are focused on the following verse in reference to Labor Day:

Thank you for reading this newsletter and sharing it with your network. I pray that we find the work and do it enthusiastically so it is pleasing to the Lord. Many blessings to you and yours, and have a prosperous week.

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Vance Ginn, Ph.D. | www.vanceginn.com | #LetPeopleProsper