Heartland Daily Podcast The Heartland Institute

Attorney Doug Seaton joins Health Care News managing editor Anne Schieber to discuss a $10.3 million settlement involving hospital employees who were forced to take Covid vaccines against their wishes.  

The Heartland Institute's Donald Kendal, Jim Lakely, and Justin Haskins present episode 357 of the In The Tank Podcast. The Biden Administration is scrambling to get something accomplished before the midterms. Their latest attempt at a piece of comprehensive legislation is labeled the "Inflation Reduction Act." Despite the name of the bill, the legislation has far more to do with energy policy and increasing taxes. The ITT crew weighs in on this important topic. Also, Florida Governor Ron DeSantis seems to have joined the fight against ESG.

 

PRIMARY TOPIC – HOW BAD IS THE INFLATION REDUCTION ACT?

Senate Democrats – Inflation Act One Page Summary

https://www.democrats.senate.gov/imo/media/doc/inflation_reduction_act_one_page_summary.pdf

NYP - White House admits Inflation Reduction Act, pushed by Manchin, Schumer, will barely impact inflation

https://nypost.com/2022/08/01/white-house-admits-inflation-reduction-act-will-barely-impact-inflation/

Cato - Inflation Reduction Act

https://www.cato.org/blog/inflation-reduction-act

WSJ - ‘Inflation Reduction Act’ Is an Insult to Used-Car Salesmen

https://www.wsj.com/articles/inflation-reduction-act-is-an-insult-to-used-car-salesmen-deficit-reduction-tax-increases-spending-semiconductors-stimulus-build-back-better-11659363843

HDN - Harsanyi: ‘Inflation Reduction Act’ Does Nothing To Lower Inflation

https://heartlanddailynews.com/2022/07/harsanyi-inflation-reduction-act-does-nothing-to-lower-inflation/

HDN - Inflation Reduction Act—or Radical Green New Deal? (Opinion)

https://heartlanddailynews.com/2022/07/inflation-reduction-act-or-radical-green-new-deal-opinion/

Forbes - Inflation Reduction Act: Faustian Bargain Could Jeopardize Offshore Wind, Renewable Energy On Federal Lands

https://www.forbes.com/sites/allanmarks/2022/08/03/inflation-reduction-act-faustian-bargain-could-jeopardize-offshore-wind-renewable-energy-on-federal-lands/

Investopedia - How Large Corporations Avoid Paying Taxes

https://www.investopedia.com/financial-edge/0512/how-large-corporations-get-around-paying-less-in-taxes.aspx

 

SECONDARY TOPIC – DESANTIS TAKES A SWING AT ESG

FL Gov - Governor Ron DeSantis Announces Initiatives to Protect Floridians from ESG Financial Fraud

https://flgov.com/2022/07/27/governor-ron-desantis-announces-initiatives-to-protect-floridians-from-esg-financial-fraud/

Fox News - DeSantis announces plan to combat ESG influence in Florida

https://www.foxnews.com/media/desantis-announces-plan-combat-esg-influence-florida-invest

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Anthony Watts, senior fellow for environment and climate at The Heartland Institute, joins the Chris Berg Show to discuss the mountain of evidence indicating there’s no climate crisis. Watts talks about the inaccuracies that plague climate models. He then discusses how the temperature record is based on flawed data.

Heartland’s Tim Benson is joined by Penelope J. Corfield, professor emeritus of history at Royal Holloway, London University and president of the International Society for Eighteenth-Century Studies, to discuss her new book, “The Georgians: The Deeds and Misdeeds of 18th-Century Britain.” They discuss many aspects of Georgian life, including politics and empire, culture and society, love and violence, religion and science, and industry and towns. They also discuss the elements of deep continuity that persisted even within major changes in Georgian society.

Get the book here:  https://yalebooks.yale.edu/book/9780300253573/the-georgians/

Show Notes:

Financial Times: Ruth Scurr – “The Georgians — the age that shaped Britain, for good and bad”

https://www.ft.com/content/5802c43c-5548-4a96-a527-b8b55dd16e95

History Today: Penelope J. Corfield – “The Lure of the Georgian Age”

https://www.historytoday.com/archive/lure-georgian-age

Lapham’s Quarterly: Penelope J. Corfield – “What Driveling Times Are These!”

https://www.laphamsquarterly.org/roundtable/what-driveling-times-are-these

Literary Review: Freya Johnston – “Squalor & Sublimity”

https://literaryreview.co.uk/squalor-sublimity

The Spectator: Wynn Wheldon – “The Georgians feel closer to us now than the Victorians”

https://www.spectator.co.uk/article/the-georgians-feel-closer-to-us-now-than-the-victorians

Sunday Times: Dominic Sandbrook – “The Georgians by Penelope J Corfield review — a colourful history of life in Georgian England”

https://www.thetimes.co.uk/article/the-georgians-by-penelope-j-corfield-review-a-colourful-history-of-life-in-georgian-england-2tz92lpmd

Times Literary Supplement: Judith Hawley – “The age of light, libel, levity and lead”

https://www.the-tls.co.uk/articles/the-georgians-penelope-corfield-book-review-judith-hawley/

Congressional Democrats are pushing through a plan that shift $288 billion away from Medicare drug spending and into Obamacare plans and Green New Deal ventures. Extended Obamacare plans from the pandemic expire around the midterm elections. Premiums will likely skyrocket at a critical time: the midterm elections.

The plan will authorize the federal government, through Medicare Part D and B spending, to hit drug makers with a 95 percent tax on total sales if they fail to lower drug prices to the satisfaction of federal regulators. One economic study found drug research and development fell by 18.5 percent. This tax will also lead to supply shortages of pharmaceuticals. Dems are selling the plan as “drug negotiation,” but Phil Kerpen, president of American Commitment, tells AnneMarie Schieber that it’s a classic mob-style ‘offer you can’t refuse.’

The drug price control measure is being salvaged from the Build Back Better bill that collapsed in Congress a few months ago. Given the upcoming mid-term election, it is likely the Dems will succeed in getting it through. Sen. Joe Manchin is on board, prompted after the Dems changed the name of the bill to the “Inflation Reduction Act of 22.” Kerpen says there is nothing inflation busting about drug price controls. The key to fighting inflation is increasing supply. Kerpen explains how this bill will send a huge chill through the pharmaceutical industry. Companies will not develop drugs if they think the government will dictate the price.

See Kerpin’s latest blog post:

https://www.americancommitment.org/content/democrats-want-raid-medicare-pay-obamacare-–-again

Today on the Heartland Daily Podcast, Senior Editor Joe Barnett talks with former state Rep. Kent Grusendorf, who is a long-time education reformer. They discuss the unprecedented support for universal school choice legislation and the impacts victories by parents in recent school board races has had.

Grusendorf explains how support for school choice has never been higher. Parents want to see their dollars going towards funding their child’s education, not funding a school which fails them.