Newt discusses the Biden administration's new student loan debt forgiveness plan with guest Adam Kissel, a visiting fellow at The Heritage Foundation’s Center for Education Policy. The plan, which is yet to be finalized and is expected to face legal challenges, proposes to forgive up to $20,000 in interest for nearly 30 million borrowers. The plan could reduce payments for 25 million borrowers and erase all debt for more than 4 million Americans. However, critics argue that the plan is regressive, as it would transfer the debt to taxpayers, potentially costing between $519 billion to over a trillion dollars over 10 years.

Newt discusses the Biden administration's new student loan debt forgiveness plan with guest Adam Kissel, a visiting fellow at The Heritage Foundation’s Center for Education Policy. The plan, which is yet to be finalized and is expected to face legal challenges, proposes to forgive up to $20,000 in interest for nearly 30 million borrowers. The plan could reduce payments for 25 million borrowers and erase all debt for more than 4 million Americans. However, critics argue that the plan is regressive, as it would transfer the debt to taxpayers, potentially costing between $519 billion to over a trillion dollars over 10 years.

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Episode 683: Student Loan Debt Forgiveness

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/acf3c196-9581-4c57-8408-b150014d312c/transcript

Newt talks with Professor Ajay Agrawal, a key player in the world of Artificial Intelligence and author of Power and Prediction: The Disruptive Economics of Artificial Intelligence. Agrawal discusses the rapid evolution of AI, highlighting the significant advancements made in the last decade. He explains that AI's core function is to improve prediction, but it also requires human clarity for value judgments within those predictions. Agrawal also discusses the potential for AI to dramatically increase productivity and trigger a large reallocation of capital. He predicts that AI will force society to be more explicit about value judgments and trade-offs, leading to increased transparency.

Newt talks with Professor Ajay Agrawal, a key player in the world of Artificial Intelligence and author of Power and Prediction: The Disruptive Economics of Artificial Intelligence. Agrawal discusses the rapid evolution of AI, highlighting the significant advancements made in the last decade. He explains that AI's core function is to improve prediction, but it also requires human clarity for value judgments within those predictions. Agrawal also discusses the potential for AI to dramatically increase productivity and trigger a large reallocation of capital. He predicts that AI will force society to be more explicit about value judgments and trade-offs, leading to increased transparency.

Episode 691: The Power of A.I. – An Overview

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/00dad15f-e017-4683-98e8-b163014e8149/transcript

Newt talks with Les Leopold about his new book, "Wall Street's War on Workers". He explains how corporations in the U.S. have used mass layoffs and stock buybacks to enrich shareholders at the expense of employees. Leopold argues that these practices have contributed to the decline in support for the Democratic Party among urban and rural workers. He suggests that the party has failed to address the issue of mass layoffs and has instead supported policies that have led to job instability. Leopold proposes solutions such as limiting stock buybacks to 2% and preventing companies with government contracts from laying off workers.

Newt talks with Les Leopold about his new book, "Wall Street's War on Workers". He explains how corporations in the U.S. have used mass layoffs and stock buybacks to enrich shareholders at the expense of employees. Leopold argues that these practices have contributed to the decline in support for the Democratic Party among urban and rural workers. He suggests that the party has failed to address the issue of mass layoffs and has instead supported policies that have led to job instability. Leopold proposes solutions such as limiting stock buybacks to 2% and preventing companies with government contracts from laying off workers.

Episode 690: Wall Street’s War on Workers

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7232f039-e0e5-4dc2-bcc5-b15e017759a8/transcript

Newt talks with bestselling author Timothy Carney about his new book, "Family Unfriendly: How Our Culture Made Raising Kids Much Harder Than It Needs To Be". Carney argues that modern American parenting standards are unrealistic and contribute to record rates of anxiety, depression, and loneliness in children. He criticizes the culture of over-parenting and suggests that it's time to end this failed experiment. Carney also discusses the impact of technology, the fear of crime, and the pressure to succeed on parenting. He highlights the declining birth rates in the U.S. and globally, attributing it to factors such as career-focused lifestyles, housing costs, and a shift in cultural values. Carney suggests that policy changes, particularly in housing, could help support families and reverse the trend of declining birth rates.

Newt talks with bestselling author Timothy Carney about his new book, "Family Unfriendly: How Our Culture Made Raising Kids Much Harder Than It Needs To Be". Carney argues that modern American parenting standards are unrealistic and contribute to record rates of anxiety, depression, and loneliness in children. He criticizes the culture of over-parenting and suggests that it's time to end this failed experiment. Carney also discusses the impact of technology, the fear of crime, and the pressure to succeed on parenting. He highlights the declining birth rates in the U.S. and globally, attributing it to factors such as career-focused lifestyles, housing costs, and a shift in cultural values. Carney suggests that policy changes, particularly in housing, could help support families and reverse the trend of declining birth rates.

Episode 689: Family Unfriendly

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a65e0136-f24c-4f18-9114-b15e017722cc/transcript

Episode 683: Student Loan Debt Forgiveness

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