It goes by many names: cronyism, corporatism, political favoritism, corporate welfare, and more. No matter what you call it, it’s the same idea — government picking winners and losers in our economy. Some companies get special treatment through subsidies, tax breaks, loopholes, government contracts, low-interest loans, or in-kind support.

In short, whenever the government promises a company a shortcut or special favor, that’s corporate welfare in action. It undermines competition, punishes smaller competitors, and costs taxpayers. It happens at every governmental level — local, state, and federal — and it’s always the public who pays the price.

In today’s episode of This Week’s Economy, we’ll unpack the real costs of corporate welfare — who truly benefits, and who gets left behind. You can catch the full episode on YouTube, Apple Podcast, or Spotify. Visit: VanceGinn.com. Subscribe: VanceGinn.Substack.com

In a time when personal discipline and fiscal restraint feel out of fashion, Robert Ordway reminds us that the path to prosperity—both individually and nationally—still runs through faith, family, and responsibility.

This week on the Let People Prosper Show, I’m joined by Robert Ordway, a writer, speaker, entrepreneur, and policy professional whose life story bridges small-town America and the halls of power in Washington. Robert currently serves as Senior Policy Advisor to Indiana Governor Mike Braun, supporting the Freedom & Opportunity Agenda. Previously, he worked in the U.S. Senate as Deputy Legislative Director and Senior Policy Advisor to then-Senator Braun, where he specialized in budget and tax issues, and with the American Legislative Exchange Council (ALEC) advancing pro-growth policy across the states.

Robert’s upcoming memoir, Mill Rat: A Memoir from the Multiethnic Working Class, tells the remarkable story of growing up in Gary, Indiana, caring for his father during a five-year battle with ALS, and overcoming profound family adversity through faith and perseverance. It’s a moving portrait of working-class America—and a lesson in personal agency that applies as much to the federal budget as to everyday life. We discuss the parallels between personal health and national spending, why faith and family remain the bedrock of freedom, and how fiscal conservatism is not just a policy preference but a moral necessity.

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The federal government shutdown is still dragging on — now stretching into its second month — freezing key economic data and labor reports. This adds more uncertainty to already shaky markets, which are struggling under tariffs. Meanwhile, major developments are unfolding in the courts, from a pivotal Supreme Court case that could redefine presidential power over tariffs to an antitrust battle involving Pfizer and Novo Nordisk.

At the state level, voters weighed in on key tax and spending measures that will shape local economies for years to come. A lot is happening across every level of government — and each of these stories ties back to one question: how do we keep America’s economy free, competitive, and growing? In This Week’s Economy, I explore this question in light of recent news.

You can catch the full episode on YouTube, Apple Podcast, or Spotify.

Visit: VanceGinn.com

Subscribe: VanceGinn.Substack.com