May 26, 2023

TWE 10 | Is U.S. in Recession?

18 minutes

Thank you for listening to the 10th episode of "This Week's Economy," where I briefly recap and share my insights every Friday morning on key economic and policy news at the national and state levels.

Today I cover:

1) National: What's the latest on the debt ceiling deal, why I believe that the U.S. is in a recession based on the latest GDP report, and how inflation continues to indicate more aggressive monetary tightening by the Fed;

2) State-Level Jobs: I break down the latest state-level jobs report and share reasons for optimism and more with a focus on Texas and Louisiana.

3) Texas: What's going on with the current Texas legislative session, and why the proposed budget increase would be the largest spending increase in TX history while not passing the largest property tax relief in history. Plus, massive increases in corporate welfare, and large increases in social safety net spending, which would result in a disaster for Texans and the Texas economy;

Please rate this show 5 stars and leave a review if you enjoyed it!

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 on Substack (⁠https://vanceginn.substack.com⁠).

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