Wes and Connor deliver timely insights on U.S. debt, tax reform, interest rates, and practical strategies for family life and financial planning. From economic breakdowns to a creative summer challenge for kids, this episode blends national headlines with personal empowerment, including:
• Honor and Reflect: As Memorial Day passes, remember the brave service members who gave their lives for our country
• Assess the Moody’s Downgrade: Understand the implications of the latest U.S. debt downgrade and why it matters for your investments.
• Track Interest Rates: Learn how rising interest rates are shaping the market and impacting U.S. debt payments.
• Unpack the New Tax Bill: Dive into the proposed tax reforms and how they could affect deficits and economic growth.
• Explore Economic Math: Review real government revenue vs. spending figures and why the math might give room for hope.
• Leverage Hauser’s Law: Discover why federal tax revenues have been shown to stay consistent as a percentage of GDP, regardless of tax rates.
• Promote Economic Growth: Realize that boosting GDP, not tax hikes, may be the most effective way to reduce deficits.
• Launch a Summer Challenge: Get inspired by Wes’s 30-day happy retiree family summer challenge to keep kids engaged, productive, and learning life skills.
• Design Financial Plans: Evaluate your own retirement options and financial plans.
• Compare Global Productivity: Learn why U.S. tech leads the world—and why Europe may be falling behind in innovation and private funding due to its legacy-based corporate structure.