The hottest Public Finance Substack posts right now

And their main takeaways
Category
Top U.S. Politics Topics

"Your Word Is Your Bond", What It Means.

Points And Figures ā€¢ 479 implied HN points ā€¢ 25 Mar 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Honesty and personal accountability are core to managing money; if you donā€™t stand behind your decisions, you lose trust and face real consequences.
  2. Public finance roles like Treasurer require proven experience, expertise, and transparency, so voters should prefer candidates who have actually managed money.
  3. Trustworthy officials sustain public confidence and shape how effectively government works, so who holds the office matters for protecting taxpayers and shared values.

An indigenous nation just built a better city than California Forever

The Novelleist ā€¢ 162 implied HN points ā€¢ 12 Mar 26
šŸŖ‘ Design Public Finance
  1. We should build more cities, but they must be designed to benefit residents, not just developers or outside investors.
  2. The ideal new city needs real fiscal power ā€” the authority to raise and keep its own revenue so it can fund services and long-term planning.
  3. That fiscal power must actually flow back to residents; real-world examples like indigenous-led towns and autonomous regions show cities can return value to people instead of outside shareholders.

Let Mayors Cook

Odds and Ends of History ā€¢ 469 implied HN points ā€¢ 23 Mar 26
šŸ“° News Public Finance
  1. Giving the mayor a slice of income tax would put real money and authority behind building infrastructure and getting projects done.
  2. Local BBC local-democracy reporting can have a NIMBY slant that frames housing development as a problem rather than a public good.
  3. Redrawing Londonā€™s boroughs and strengthening the mayorā€™s powers would simplify decisions and speed delivery, even though it would be controversial and make many people upset.

State Credit Ratings and A State Treasurer

Points And Figures ā€¢ 346 implied HN points ā€¢ 20 Mar 26
šŸ’° Finance Public Finance
  1. A state's credit rating mainly depends on economic fundamentals like tax revenues, revenue diversification, and demographic trends, not on who holds the treasurer's office or short-term investment returns.
  2. Nevada's Aa1 rating reflects strong reserves, liquidity, and population growth, but heavy reliance on gaming and tourism plus water limits keep it from the top Aaa tier, so diversification and secure water rights are crucial.
  3. A skilled treasurer still matters for debt issuance because experience, credibility, and investor relationships help price bonds better, move deals faster, and lower the state's borrowing costs.

Top Links 1035 Chinese and American fiscal exceptionalism. How the UK ended coal & Keynes on the "short run", in which we are "still aliveā€.

Chartbook ā€¢ 729 implied HN points ā€¢ 08 Mar 26
šŸ’° Finance Public Finance
  1. China and the United States each diverge from the average OECD fiscal structure, but they do so in opposite directions.
  2. There is coverage of how the UK ended coal, tracing the policies and shifts that led to coalā€™s decline.
  3. The piece revisits Keynesā€™s view of the 'short run', highlighting his comment about being 'still alive' and its implications for policy.
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Stop idolizing Hong Kong, Shenzhen, and PrĆ³spera

The Novelleist ā€¢ 130 implied HN points ā€¢ 10 Mar 26
šŸŒ World Politics Public Finance
  1. Autonomy for cities is promising but not enough on its own; good outcomes also require the right governance, policies, and attention to quality of life.
  2. Hong Kong shows that having near-identical autonomy and land-rent systems to Singapore didnā€™t produce the same results, so similar powers can lead to different outcomes.
  3. Donā€™t idolize Hong Kong, Shenzhen, or PrĆ³spera as automatic blueprints; there are other, better examples and deeper lessons to learn when building utopian cities.

Singapore: Where your home loses value & everyone's better off

The Novelleist ā€¢ 532 implied HN points ā€¢ 05 Mar 26
šŸŒ International Public Finance
  1. The government owns most land and sells only time-limited leases, so homes lose value as leases run down and eventually revert to the state, making housing a place to live rather than a long-term investment.
  2. Control over leases and planned lease expirations lets the state auction land to developers, capture value through fees, and master-plan redevelopment on a 40ā€“50 year horizon to increase density and modernize the city.
  3. Revenues from land leases and sovereign-wealth investments fund low taxes and broad social servicesā€”universal healthcare, subsidized education, CPF pensions, and near-universal affordable housingā€”helping deliver high living standards and strong economic performance.

BOOM: Unanimous Vote Lands Land Value Tax Enablement on Governorā€™s Desk

Progress and Poverty ā€¢ 1962 implied HN points ā€¢ 05 Mar 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Virginia just cleared HB 282, which would let Charlottesville, Falls Church, Fredericksburg, and Newport News opt into a split-rate land value tax, making the state much closer to actual LVT implementation.
  2. Momentum is spreading beyond Virginia: Kentucky may allow Louisville to pilot a split-rate tax, Ohio has a high-profile push for statewide enablement, and cities like Syracuse and Buffalo are actively exploring the idea.
  3. Research and local advocacy show LVT shifts can be done revenue-neutrally and tend to tax vacant or underused land while rewarding dense, multifamily development, and grassroots advocates are doing the legal and data work to make pilots and laws happen.

Mamdaniā€™s Tax Fantasy Is Already Failing Somewhere Else

QTRā€™s Fringe Finance ā€¢ 52 implied HN points ā€¢ 22 Mar 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Targeted taxes on high earners can raise money at first but often push wealthy people and income out of a jurisdiction, eroding the tax base over time.
  2. People who can move or change where they earn money will respond to tax incentives, so migration can carry away far more income than raw population numbers suggest.
  3. Lowering estate tax thresholds to modest levels risks hitting ordinary homeowners and retirees, encouraging them to leave and leaving behind a smaller pool of taxpayers who then get labeled as the new "rich".

Corporations Should Move To Nevada

Points And Figures ā€¢ 239 implied HN points ā€¢ 17 Mar 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Nevada is positioned to attract corporations leaving Delaware and should be actively courted as a new corporate home.
  2. Nevadaā€™s legal frameworkā€”like a statutory business judgment rule, limits on director/officer exposure, inspection rules, and dedicated business courtsā€”offers protections that appeal to boards and corporate leaders.
  3. Bringing corporations to Nevada would boost the stateā€™s legal and intellectual workforce and provide ongoing revenue from corporate registration fees that benefit taxpayers.

Endorsements

Points And Figures ā€¢ 239 implied HN points ā€¢ 16 Mar 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Endorsements from two sitting legislators mean the treasurer will have partners in the legislature to modernize and professionalize the state treasury and to cut waste, fraud, and abuse.
  2. The candidate brings professional finance experience, a strong network, and startup background that other contenders lack, so they can start delivering results on day one.
  3. Joe Brownā€™s endorsement is significant because he helped build Nevada, is widely respected, and adds credibility and institutional support to the campaign.

Sporting Clays With Keystone

Points And Figures ā€¢ 426 implied HN points ā€¢ 12 Mar 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. The state treasurerā€™s office should be depoliticized and run by skilled professionals who prioritize investment returns and fiduciary duty instead of political virtue signaling about industries like guns.
  2. A Keystone sporting clays shoot showed that shooting can be fun but challenging in windy conditions, prompted thoughts of switching to a semi-automatic, and reflected a family tradition of hunting and careful gun handling.
  3. We should be cautious about restricting the right to bear arms while also making gun safety, maintenance, and proper storage central to responsible ownership.

Why blue states are crashing, volume one trillion

Unreported Truths ā€¢ 55 implied HN points ā€¢ 23 Mar 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Wealthy blue states and cities are failing to deliver basic services despite large budgets and resources. Many public systems like schools, infrastructure, and safety are deteriorating for most residents.
  2. Local NIMBY landā€‘use rules and growth limits in liberal college towns choke housing supply and lock land from development. That drives up rents and home prices, pushing young families and businesses away.
  3. High taxes and antiā€‘growth policies create a feedback loop of low growth, shrinking tax bases, and budget shortfalls. The result is rising costs that squeeze out the middle class and threaten longā€‘term vitality.

How Nevada's State Treasurer Won't Screw Up

Points And Figures ā€¢ 319 implied HN points ā€¢ 14 Mar 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Risky investment choices by a state treasurer can wipe out college savings, leaving families to recover only a portion of their losses after settlements.
  2. Voters should prefer a treasurer with real professional finance experience and accredited-investor credentials to responsibly manage public funds.
  3. Rapid change in finance means a hands-on treasurer with industry experience and networks can protect citizens and spot real innovation versus snake oil, unlike inexperienced career politicians.

Not An Accredited Investor?

Points And Figures ā€¢ 346 implied HN points ā€¢ 13 Mar 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Accredited investor status shows you can access and analyze complex private investments, which matters for someone managing a large public portfolio and sitting on investment boards.
  2. Non-accredited people are legally barred from many private funds and deals. If they invest anyway it can break the law and create havoc for other investors.
  3. Managing a state treasury requires prior hands-on experience with sophisticated investments and a strong sense of fiduciary responsibility; itā€™s not a job you should be learning on the fly.

Infographics: Treasury Buybacks

Concoda ā€¢ 281 implied HN points ā€¢ 27 Feb 26
šŸ’° Finance Public Finance
  1. A set of infographics explains the flows and stepā€‘byā€‘step mechanics of Treasury buybacks in a clear, visual way.
  2. The content is imageā€‘heavy and uses large, detailed graphics that are best viewed on desktop with clickā€‘toā€‘enlarge options.
  3. These infographics were created as part of an upcoming project called The Warsh Ultimatum.

Filing For Office; Choices

Points And Figures ā€¢ 612 implied HN points ā€¢ 02 Mar 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Filing in Nevada is simple and cash-only: candidates pay a $200 fee in person, which lowers barriers to entry compared with signature-based systems and can make races more competitive.
  2. Voters are facing ballot questions on things like ranked-choice primaries and a voter ID constitutional amendment, and registering with a party matters for participating in primaries; independents who want influence are encouraged to join a party.
  3. One candidate stresses extensive finance and leadership experience as qualification to manage the stateā€™s $12B treasury and asks for volunteers and donations while contrasting that background with an opponent seen as inexperienced.

Florida Leading the Way on Taxes

Points And Figures ā€¢ 826 implied HN points ā€¢ 20 Feb 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Florida has moved to eliminate nearly all property taxes, leaving only taxes that fund schools.
  2. High property taxes can be a heavy burden for homeowners, prompting comparisons to paying 'rent to the government' and motivating people to move to lower-tax states.
  3. A State Treasurer candidate supports adopting Floridaā€™s approach, cutting government size and eliminating waste, fraud, and abuse to reduce taxes and increase personal freedom.

Da Bears. Moving to Indiana?

Points And Figures ā€¢ 799 implied HN points ā€¢ 19 Feb 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. The Chicago Bears are moving to Hammond, Indiana because Illinois politicians and taxes made building in Arlington Heights impractical. Indiana is offering a more business-friendly option that could support stadium-driven development.
  2. High property taxes and intrusive bureaucracy in Illinois are pushing residents and businesses to lower-tax states like Nevada, changing where people buy homes and where companies choose to operate.
  3. Relocations of major teams and businesses can spur redevelopment in struggling regions and become central political talking points about taxation and governance, influencing campaigns focused on avoiding an "Illinois-like" decline.

Decades of Wisdom from an LVT Advocate: Josh Vincent

Progress and Poverty ā€¢ 615 implied HN points ā€¢ 24 Feb 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. A land value tax (LVT) is a practical way for cities to capture the unearned value of land to fund local services, lower taxes on buildings, and encourage infill development so cities can compete with suburbs.
  2. Getting LVT adopted is a pragmatic, local political project: start with a clear fiscal problem, recruit a local champion, run straightforward data showing most homeowners and small businesses will save, and design a revenueā€‘neutral shift.
  3. Compared with income, sales, or oneā€‘off wealth taxes (and restrictive rules like Prop 13), LVT is harder to evade, better aligns incentives for land use, and is especially timely as cities and states take on more fiscal responsibility.

Investing in people, in Rmb20 instalments

Pekingnology ā€¢ 207 implied HN points ā€¢ 10 Mar 26
šŸŒ World Politics Public Finance
  1. The Rmb20 pension rise to Rmb163 is widely seen as a token that leaves many rural elderly still in deep poverty, and delegates are pushing for much larger, faster increases.
  2. The slogan of ā€œinvesting in peopleā€ conflicts with budget choices that favor visible projects and targeted subsidies over simple, direct cash transfers to poor households.
  3. Bigger rural pensions would be both a moral repayment to countryside contributors and an effective way to boost domestic demand, since poor pensioners are likely to spend extra income quickly.

More Endorsements

Points And Figures ā€¢ 506 implied HN points ā€¢ 22 Feb 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Endorsers want viable candidates who will work with conservatives after election and who will fight instead of compromising or staying on the sidelines.
  2. The state treasurer should be nonā€‘partisan and focused on maximizing returns and cutting taxpayer debt, not staging political theater or prioritizing DEI/ESG goals.
  3. The office needs more professionalism and modernization to eliminate waste, fraud, and missed opportunities. Relying mainly on shortā€‘term U.S. Treasuries looks strong now but could cause trouble if the Fed starts cutting rates.

Georgism through Land Leasing

Progress and Poverty ā€¢ 2078 implied HN points ā€¢ 06 Jan 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Municipal land leasing is a practical, proven form of Georgist policy that can generate substantial, ongoing public revenue and fund local projects.
  2. Long-term ground leases with reassessment points, lump-sum payments, annual fees, and repossession clauses let cities monetize land while retaining ownership and capture rising land value in predictable ways.
  3. Leasehold monetization requires capable public development authorities and a more hands-on planning role, so itā€™s not a perfect substitute for land value taxation, but it is often more politically feasible and complementary to tax reforms.

Concerns of Voters

Points And Figures ā€¢ 532 implied HN points ā€¢ 16 Feb 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Rural voters are split on development ā€” some oppose new projects while others welcome mining and geothermal growth, and they want local control over where and how development happens.
  2. People are worried about state finances and high costs; they like Nevada's 0% income tax but donā€™t want higher sales taxes or fees, and they want the treasurer to take quick steps and modernize the office to save taxpayers money.
  3. Voters broadly support voter ID and a ballot ban on men in womenā€™s sports, and they also want school choice, better medical access, more clarity around cryptocurrency, and less reliance on California for gasoline.

Breaking News; Jeff Carter For Nevada Treasurer

Points And Figures ā€¢ 1092 implied HN points ā€¢ 27 Jan 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. A candidate is running for Nevada State Treasurer who highlights real-world finance experience and positions himself as an outsider to career politicians.
  2. The campaign promises to protect taxpayer dollars by rooting out waste and investing public funds responsibly rather than for political reasons, while modernizing the Treasurerā€™s Office with technology and transparency.
  3. The message stresses fiduciary stewardship, accountability, and long-term fiscal stability to restore public trust and prevent risky or unsustainable spending.

Research funding opportunities - Apply Now

Progress and Poverty ā€¢ 654 implied HN points ā€¢ 10 Feb 26
šŸ’° Finance Public Finance
  1. The Center for Land Economics launched a short-term Land Economics Fellowship that provides a $3,000 stipend, access to data and mentorship, and a public platform for 4ā€“6 months of focused research; itā€™s open to people from many backgrounds and applications are due March 1.
  2. The Progress and Poverty Institute is offering Progress of Ideas grants (up to $10,000) to fund research on land value taxation and related topics; theyā€™re especially interested in valuation methods, fiscal and distributional modeling, political messaging, legal constraints, and policy design, with applications due April 6 and eligibility limited to US 501(c)(3) organizations.
  3. The Henry George Foundation of Great Britain offers research grants for work on the modern political and ethical implications of Henry Georgeā€™s ideas, especially with an international or UK focus, and thereā€™s also a Land Research Network you can join via a short form to connect with other researchers and future opportunities.

Wealth Taxes Raise Less Revenue Than You Think

QTRā€™s Fringe Finance ā€¢ 28 implied HN points ā€¢ 17 Mar 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Wealth taxes will likely raise far less money than proponents claim because of unrealistic assumptions and taxpayer responses like relocation and avoidance.
  2. Even large wealth-tax proposals would cover only a small slice of growing federal deficits and arenā€™t a reliable way to stabilize longā€‘term government finances.
  3. Framing big spending around narrow "tax the rich" plans can hide the true trade-offs, since sustaining big social programs usually requires broad-based income or consumption taxes on many people.

Table Stakes

Points And Figures ā€¢ 559 implied HN points ā€¢ 10 Feb 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. The State Treasurer should have real finance credentials or proven financial experience because the job runs large public investment portfolios and requires technical skills. Electing someone without that background risks poor management of taxpayer money.
  2. Treasury work is complex and measurable ā€” it includes managing billions in investments, protecting the stateā€™s credit rating, modernizing systems, and separating real innovation from hype. That work canā€™t be done with slogans or vague promises.
  3. Inexperienced candidates often repeat generic talking points, but taxpayers need accountable leaders with quantifiable track records who prioritize returns and fiduciary duty over virtue signaling. Professionals with real-world finance experience bring the networks and discipline needed to save money and reduce risk.

Jeff Carter for Nevada State Treasurer: Fight Waste & Fraud, Invest Tax Dollars Wisely

Points And Figures ā€¢ 1385 implied HN points ā€¢ 06 Jan 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Put experienced financial stewardship in the State Treasurerā€™s office to safeguard taxpayer money, eliminate waste and fraud, and maximize investment returns.
  2. Modernize the Treasurerā€™s operations using technology to speed payments, cut fees, and expand financial empowerment and better management of programs like 529 plans and unclaimed property.
  3. Require the Treasurer to have real financial credentials and push policies that attract businesses to Nevada while prioritizing pure return-on-investment over political ESG/DEI considerations.

Landscape 6 ā€“ New Year, New Legislative Sessions and Launching the CLE Board

Progress and Poverty ā€¢ 962 implied HN points ā€¢ 21 Jan 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Land value tax legislation is gaining momentum nationwide, with new bills and carryover proposals active in states like Maryland, New Hampshire, New York, Minnesota, Washington, Michigan, and Ohio.
  2. A new Center for Land Economics board has been launched with prominent housing, parking, and policy leaders, signaling more organized and mainstream support for land value tax advocacy.
  3. Media, research, and political figures are increasingly discussing and endorsing land value tax, bringing more attention through reports and editorials even as some local pushback and policy rollbacks occur.

šŸš¼ The case against fertility panic

Faster, Please! ā€¢ 456 implied HN points ā€¢ 08 Feb 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. History and economics suggest birthrates probably wonā€™t rebound, but the U.S. economy can adjust to lower fertility.
  2. A bigger population provides scale benefits ā€” deeper labor markets, stronger consumer demand, a broader tax base, and more geopolitical clout ā€” which help sustain innovation and infrastructure.
  3. Thereā€™s a reasonable case for aiming to grow the U.S. population to capture those scale advantages and strengthen the countryā€™s economic and global position.

Exogenous Economic Shocks

Points And Figures ā€¢ 506 implied HN points ā€¢ 04 Feb 26
šŸ’° Finance Public Finance
  1. Exogenous shocks are unpredictable and can push inexperienced people into reactive, poor decisions. Experienced managers stay calm and can spot opportunities in the chaos instead of just surviving it.
  2. Maintain cash, runway, and clear math on risk/reward so you arenā€™t forced to sell in a panic. That optionality lets you buy bargains or double down on strong positions when markets misprice things.
  3. Back strong teams and focus on fundamentals like CAC versus LTV and runway, while asking the right questions. Steady, competent leadership and objective decisionā€‘making help organizations steer through storms.

Affecting Change

Points And Figures ā€¢ 399 implied HN points ā€¢ 09 Feb 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Lots of political noise comes from people who never held elected office, so talking loudly doesn't equal the power to make change.
  2. People with real-world business experience should run for office. They can get real stuff done like modernizing outdated government systems and easing taxpayer burdens.
  3. Academic theories and ivory-tower analyses often sound impressive but don't work in practice, so measurable, practical results matter more than clever-sounding ideas.

Artificial Intelligence and Finance

Points And Figures ā€¢ 479 implied HN points ā€¢ 04 Feb 26
šŸ’° Finance Public Finance
  1. Start small with AI projects: cheap, hands-on pilots can improve efficiency and save money while posing little risk to taxpayers.
  2. Real experience matters more than buzzwords; people who haven't worked with AI often buy useless solutions, so leaders should use knowledgeable, practical teams.
  3. AI will reshape finance by automating routine tasks and acting as a decision-support tool, freeing people to focus on higher-value work rather than magically executing better trades.

Why It Is Important to Elect Finance Pros to Public Finance Jobs

Points And Figures ā€¢ 426 implied HN points ā€¢ 03 Feb 26
šŸ’° Finance Public Finance
  1. Electing finance professionals matters because running public finances uses complex debt and market tools, and inexperience can lead to costly mistakes.
  2. A market-savvy treasurer can actively manage state debtā€”buying back discounted bonds, using tender offers, or refinancingā€”to save taxpayers millions.
  3. Credit ratings are mostly backward-looking accounting metrics, so treasurers need a forward-looking economic and market lens to forecast risk and seize financial opportunities as the field changes.

How municipal bond markets can save Britain

Odds and Ends of History ā€¢ 1876 implied HN points ā€¢ 20 Nov 25
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Municipal bonds could help local governments finance infrastructure more effectively. This would give local projects more control and accountability over their spending.
  2. By allowing local authorities to raise funds directly, it would encourage better project management and cost control. Local leaders will be more invested in making projects successful and efficient.
  3. Devolving fiscal powers can reduce reliance on central government and better match local projects with local needs. This means that communities would have more say in their development and investment choices.

Public Money vs Private Money

Points And Figures ā€¢ 639 implied HN points ā€¢ 10 Jan 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Public money belongs to taxpayers, so its use should be controlled to protect taxpayers' interests and prevent misuse, including restricting transfers out of the country.
  2. When governments or public pension funds invest on behalf of taxpayers, the top priority should be maximizing risk-adjusted returns and meeting liquidity needs, not pursuing DEI/ESG or virtue signaling.
  3. People and private companies can spend or invest their own earned money according to their values, while public companies are accountable to shareholders who expect financial performance.

Billionaires Can Flee Mamdani, But Small Business Canā€™t Hide

Common Sense with Bari Weiss ā€¢ 445 implied HN points ā€¢ 14 Jan 26
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. The mayorā€™s ambitious social programs will be expensive and will require new revenue from the state to be paid for.
  2. Wealthy individuals can often avoid higher personal taxes by moving away, but corporations are harder to escape taxing because state and city corporate taxes are apportioned based on where their sales occur.
  3. If Albany raises corporate income taxes to fund these plans, the increases could ripple through the economy and end up hurting small, local businesses.

Economics Links, 12/16/2025

In My Tribe ā€¢ 561 implied HN points ā€¢ 16 Dec 25
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Thereā€™s a deep political-economics mismatch in health care: voters want broad, low-cost access so politicians promise it, and that demand makes cost control nearly impossible without unpopular rationing or higher out-of-pocket costs.
  2. A direct primary care model with a monthly membership plus catastrophic insurance can make routine care affordable and accessible for generally healthy people and small-business owners, but it wonā€™t cover regular specialist or chronic-care needs.
  3. Growth requires willingness to accept risk, and stripping risk out of peopleā€™s lives can drag down growth; meanwhile, current entitlement programs direct large benefits to retirees (often the wealthier), creating intergenerational imbalance and political barriers to reform.

How A Career Politician Not Up To the Task Stole My 529 Money

Points And Figures ā€¢ 639 implied HN points ā€¢ 18 Dec 25
šŸ‡ŗšŸ‡ø U.S. Politics Public Finance
  1. Political leaders who lack financial experience can make decisions to boost appearances instead of protecting savers, leading to mismanagement of public investment programs.
  2. Investment options labeled as conservative, like some 529 funds, can still suffer huge losses when managers take risky bets or violate guidelines.
  3. Poor oversight and risky choices can wipe out college savings, so transparency, proper diversification, and stronger supervision are essential.