Prescribing Prosperity
What actually drives economic growth, and what happens when governments try to control it? In this episode, John and Alex Soutsos continue their conversation with Tim Doescher, diving deeper into the real-world impact of economic policy, from Reagan-era tax cuts to today’s debates around tariffs, inflation, and central banking. John and Alex discuss: * A breakdown of supply-side economics and why it gained traction during the Reagan administration * How modern monetary theory abandoned empirical evidence to justify government spending, debt, and inflation * Why tax systems matter, including the case for a flat tax and the unintended consequences of complex tax codes * The reality of tariffs in a global economy, including trade tensions with China, and the balance between fairness and free markets * The future of the Federal Reserve, including Kevin Warsh’s potential leadership and what it could mean for interest rates, inflation, and economic growth * And more. Resources: * What Really Drives Economic Growth? with Tim Doescher – Part 1 (Ep. 66) [https://prescribingprosperity.blubrry.net/2026/05/14/what-really-drives-economic-growth-with-tim-doescher-part-1-ep-66/] Connect with Med-Wealth Financial Services: * Med-Wealth Financial Services [https://johnsoutsos.com/] * LinkedIn: John Soutsos [https://www.linkedin.com/in/johnsoutsos/] * LinkedIn: Alex Soutsos [https://www.linkedin.com/in/alexandersoutsos/] * LinkedIn: Med-Wealth Financial Services [https://www.linkedin.com/company/med-wealth/] * X (formerly Twitter): Med-Wealth Financial Services [https://twitter.com/med_wealth] * info@med-wealth.ca [info@med-wealth.ca] * 905-568-2000 * 1- 888-568-1170 Connect with Tim Doescher: * Unleash Prosperity [https://committeetounleashprosperity.com/] * X: @TimothyDoescher [https://x.com/TimothyDoescher] * LinkedIn: Unleash Prosperity [https://www.linkedin.com/company/unleash-prosperity/] About Our Guest: Tim Doescher is the Executive Director at Unleash Prosperity, a policy organization focused on advancing free market economic principles. With a background in political campaigns, public policy, and economic research, Tim works closely with leading economists and policymakers in Washington, D.C., helping shape conversations around taxation, regulation, and economic growth.
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