The TRUTH Revealed about Unaffordable Health Care and Costly Shrinkflation episode artwork

EPISODE · Feb 16, 2024 · 9 MIN

The TRUTH Revealed about Unaffordable Health Care and Costly Shrinkflation

from Let People Prosper · host Vance Ginn, Ph.D.

Thank you for listening to the 48th episode of "This Week's Economy." Today, I cover the following and more in 10 minutes: 1) National: - CPI inflation hotter than expected + "shrinkflation" results from failed DC policies. - Rules over discretion provide the best path forward to get our fiscal and economic houses in order, as I noted in my recent commentary at AIER-DC is broke: what does Hayek tell us about how to correct it? - Health care costs are driving burdens on federal and household budgets. What can be done about them? - Taxpayer funding of Ukraine, Israel, and other foreign affairs seems to be increasing again even as audits of the funds and extra funds aren’t available. 2) States: - Texas politics are heating up as there is infighting between Republicans. When will they get their act together and return to leading by example and principles of free-market capitalism? - Texas is the state export leader for the 21st year in a row with 23% of the nation’s exports from a state with 10% of US GDP, but there's still room to improve. 3) My Media Hits & Other: - I will be in Las Vegas next week to speak at a conference by Health Care Administrators Association about the rising burden of health care. - I’ll also be speaking at an upcoming health care conference by Global Health where I’ll interview Dr. Deane Waldman about the pros and cons of price transparency in health care. - See this week’s LPP episode with Dr. Michael Strain on the national debt crisis, Trumpism, and why the American dream isn’t dead. -Don’t miss the upcoming LPP episode with Dr. Sven Larson on how Europe compares with the U.S., and what should be done to avoid the malaise in Europe here. Please share this 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).

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