164. This Week's Economy Ep. 22 | MULTI-DECADE High Interest Rates, Poor Job Market & China's Yuan Weakens
New podcast episode recapping this week's economic events to help you prosper!
Hello Friends,
Thank you for reading the Let People Prosper newsletter, which today includes the 22nd episode of "This Week's Economy,” where I briefly share insights every Friday on key economic and policy news across the country.
Today, I cover the following in less than 15 minutes:
1) National: What the new decade-high interest rate signifies for homeowners and renters, promising GDP growth, and the left wants more spending on top of some of this "new political subsidy economy" while some on the Left admit Bidenomics has failed,
2) States: Job growth and unemployment rates across states from the latest U.S. Jobs Report, including which states have the lowest and highest unemployment and year-over-year changes; and
3) Other: Why China's yuan is weakening but their interest rates out-compete the U.S.', and reasons for optimism for quality of living as shown in a recent article.
Below are links to my recent interviews and publications:
NTD News interview on skyrocketing costs for families.
Econlib op-ed: "The Best Global Tax Reform? Lower Taxes"
The Center Square op-ed: "School is starting but kids are being left behind in Texas"
AIER op-ed: "Fitch Drops US Creditworthiness: Spending is the Reason"
Pelican Institute: "Louisiana Economic Report: August 2023"
You can watch this episode and others along with my Let People Prosper Show on YouTube or listen to it on Apple Podcast, Spotify, Google Podcast, or Anchor. Please share, subscribe, like, and leave a 5-star rating!
For show notes, thoughtful insights, media interviews, speeches, blog posts, research, and more, check out my website (https://www.vanceginn.com/) and please subscribe to my newsletter (www.vanceginn.substack.com), share this post, and leave a comment.