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Joel Litman - The U.S. Has a Rosy Future
Season 4 Episode 42
Joel Litman - The U.S. Has a Rosy Future
Joel explains how even though the federal government has been irresponsible with spending, the U.S. has enough assets to offset the current debt. He talks about how the Constitution, Bill of Rights, and the grievance section of the Declaration of Independence is responsible for the success of this country. We talk about government regulation, taxes, and entrepreneurship. Countries like Singapore have already figured out lower tax rates can help businesses grow and produce more, which leads to more tax revenue and more jobs/income for citizens. Why do we tax production and expect people to work more? We should tax consumption and let people choose if they want to spend their money. This episode is packed with great information, data, and history! The good news is, despite the fact that Gen Z doesn't think they'll do better than their parents, the economy in the U.S. is showing a rosy future here! If other countries emulate our bill of rights and protection of private property, they can prosper right along with us!
Learn more from Joel at:
https://www.valens-research.com/
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Published on 3 months, 1 week ago