Many problems in the US economy can be solved by only taxing income once.
John R. Lott, Jr. is the President of the Crime Prevention Research Center, a columnist for Fox news, author of At the Brink: Will Obama Push Us Over the Edge?, Freedomnomics: Why the Free Market Works and other Half-Baked Theories Don’t, Debacle: Obama’s War on Jobs and Growth and What We Can Do to Regain Our Future and More Guns, Less Crime: Understanding Crime and Gun Control Laws and others. He also writes a blog which focuses on a broad array of economic and crime related issues.
[2:01] Big news: An upward spiral in real estate pricing due to the Fed keeping interest rates low.
[6:28] The terrorist tragedy in Istanbul, Turkey.
[8:55] Real estate is scarce by its nature and we are currently in the middle of an inventory shortage.
John R. Lott, Jr. Guest Interview:
[12:11] An overview of where the economy is headed and where should we place our concerns?
[17:09] How to make sense of the jobs creation rate versus the unemployment rate.
[18:51] Is the US truly in a recovery or are we just bouncing back from 2008?
[21:30] Why doesn’t a stimulus package create more jobs and higher wages?
[26:53] The US is the one country that taxes corporations who have already paid taxes in another country.
[29:22] An explanation of the hypocrisy of the Buffett Rule.
[34:31] Contact information for John R. Lott, Jr.
Mentioned in This Episode:
Guest: John R Lott, Jr
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