Biden Wants to STEAL From the Poor? TRUTH About Student Loan "Forgiveness"

Thank you for listening to the 32nd episode of "This Week's Economy," where I briefly recap and share my insights on key economic and policy news. Please share this episode on social media and provide a rating and review. Also, subscribe and see show notes for this episode on Substack (www.vanceginn.substack.com) and visit my website for economic insights (www.vanceginn.com). Today, I cover: 1) National: My thoughts on the newly appointed House Speaker Mike Johnson, how President Biden's student loan "forgiveness" plan will disadvantage lower-income earners while making higher education more expensive, and while the latest GDP report may seem promising at first, but is less impressive when adjusted for inflation; 2) States: Texas has a new roughly $18 billion surplus that should be put toward buying down property taxes until they are zero, but that likely won't happen given what's on Texas' ballot, and Louisiana's GDP and personal income rates show that aggressive improvement is needed in The Pelican State; and 3) Other: Why you don't want to miss last week's podcast with Texas State Representative Brian Harrison and the upcoming episode with Former U.S. Senator Phil Gramm.

Om Podcasten

What works best to let people prosper? Join leading free-market economist Vance Ginn, Ph.D. as he works to understand this question through weekly interviews with interesting people on Tuesdays and weekly economic updates on Fridays. His insights build on past lessons, being president of Ginn Economic Consulting, and contributing to more than 15 think tanks while formerly teaching economics in academia and serving as chief economist of the White House's OMB. Dr. Ginn is a Christian, husband, father of three kids, classical liberal, and rock drummer who resides near Austin, Texas.