In Order To Ensure You Can View All The Graphics, ([link removed])

Click Here To View The Hotline In Your Browser ([link removed])
[link removed]

Unleash Prosperity Hotline Issue #1534
06/15/2026
New to the Hotline? Click ([link removed]) here to subscribe–it's free. ([link removed])

Time to Take Unleash Prosperity Public? Come on. We must be at least 1% as valuable as SpaceX.
DONATE TO UNLEASH PROSPERITY ([link removed])

1) What Do Social Security and SpaceX Have in Common?

They were the two mega economics/finance stories of last week and we wonder if the political class can put two and two together.

The first: the Social Security "trust fund" is rapidly running out of money and will be exhausted in 2032 according to the latest Trustees Report. Because of its Ponzi scheme structure the red ink gets deeper every year and the government won't even be able to pay the meager benefits promised.
A chart, "Figure 1: Social Security deficits will more than double in less than 10 years."

The second: SpaceX had its IPO with a valuation of over $2 trillion. Nearly 4,500 more Americans were made millionaires on Friday.
A chart, "The climb to a $2 trillion debut."

Twenty years ago, President George W. Bush suggested a plan to allow young people to have personal accounts for Social Security with the money invested in an index fund of stocks and bonds. Nearly every Democrat made crazed accusations that this "privatization" plan would be "too risky." Uh huh!

Since then, stocks are only up 725% (including the reinvestment of dividends). Every young person in America would be on their way to being a pension millionaire if we had adopted personal accounts.

George W. Bush Was Right on Social Security
[link removed]

Couldn't the liberals who killed Social Security reform at least say "I'm sorry" America?
[link removed] Share ([link removed])
[link removed] Share ([link removed])
[link removed] Share ([link removed])
VIEW ON WEBSITE ([link removed])

2) The Rich All Around the World Are Moving to Escape High Taxes

We started Unleash Prosperity's Vote With Your Feet project ([link removed]) to track how Americans are taking trillions of dollars of their earnings out of high tax states and moving to low tax states.

We might need a global version.

The Economist magazine's headline put it simply:
[link removed]

The chart below from migration consultant firm Henley & Partners shows the UAE and USA are the big winners. Big losers include the UK, China, India, and Russia.
[link removed]

Last year France, Germany and Spain were listed for the first time among countries which were exporting more wealthy inhabitants than they were attracting. Britain lost a stunning 16,500 millionaires.

The U.S., on the other hand, saw an influx of 7,500 millionaires, and is now home to more than a third of the world's people who are worth more than $30,000,000.

It won't surprise you to learn that most of the tax refugees from other nations aren't residing in the most notorious high-tax Blue States, like New York and California.
[link removed] Share ([link removed])
[link removed] Share ([link removed])
[link removed] Share ([link removed])
VIEW ON WEBSITE ([link removed])

3) CNN's Fareed Zakaria Blows Whistle On California's Fall from Grace

Fareed Zakaria is far from a conservative, but he's increasingly a straight shooter in diagnosing economic problems in America. His latest column and six minute spanking of California politicians for ruining this once great state is well worth watching.

He quite rightly blasts California as "a case study in how a rich society can spend more and more while producing less and less of what its ordinary citizens need." He picks up many of our themes at UP on how some of the once great cities of California, from Oakland to L.A., are increasingly becoming unlivable progressive hellholes.
[link removed]

He notes that since 2000, California's population has grown by roughly 15% percent and the number of state employees by more than 50%. But the state's general expenditures have grown more than 200%, from $78 billion to about $248 billion. Its per pupil spending on public education is well above the national average but its results place it in the bottom third of states.

Zakaria reports that "in 2025, California essentially failed to add any new jobs on net; private industries outside government and government-supported health care actually shed jobs…..The state is using public spending to paper over private-sector stagnation."

Zakaria asks "Why does a state with so much money, talent and promise make life for ordinary people so hard?"

Somebody should start asking Governor Gavin Newsom that question.
[link removed]
[link removed] Share ([link removed])
[link removed] Share ([link removed])
[link removed] Share ([link removed])
VIEW ON WEBSITE ([link removed])

4) How To Lie With Statistics

The appropriately named liberal financial analyst Steve Rattner, who was the Obama car czar and wasted billions of tax dollars on the GM bailouts, is now a commentator for MS Now. You may not know that because almost no one watches that network anymore.

But he's gained some notoriety online because of the deceptive economic charts he shows the MS audience about how Trump policies are failing middle-class Americans. His chart below shows that wages have been growing at a little under 4% under Trump 2.0 while stocks have rocketed up by 15%. But this is Marxist capital versus labor poppycock.
A chart, "S&P 500 earnings vs. wages."

First, real wages are growing much faster over the past 15 months than under Biden when the poorest households lost money. As we will show in tomorrow’s HOTLINE, the average family through April has GAINED $3,000 of real income under Trump 2.0.

Second, why is it a bad thing that stock returns are up 28% since Trump came into office? Given that well over half of Americans own stocks directly or through private pension plans, a rising stock market is a signal that investment in the U.S. is booming, which makes Americans richer. What's wrong with that, Steve?
[link removed] Share ([link removed])
[link removed] Share ([link removed])
[link removed] Share ([link removed])
VIEW ON WEBSITE ([link removed])

5) A Blue State Comeback?

Congratulations to New York:
A photo of the Knicks with the NBA finals trophy.

Photo by Darren Abate / AP Photo via CNN Sports Gallery ([link removed])

You finally beat Texas in SOMETHING!
[link removed]
[link removed] Share ([link removed])
[link removed] Share ([link removed])
[link removed] Share ([link removed])
VIEW ON WEBSITE ([link removed])

6) Another Amazing Trump Health Care Victory
A line chart thowing a spike in 2020-2024 and dipping in 2025 with the caption, "Testicular injuries in women's sports."

Interested in booking us for a media appearance? Send an email with the link below.
BOOK US HERE (mailto:[email protected]?subject=Book%20a%20Media%20Appearance&body=)

Know anyone else who would appreciate the Hotline? Please direct them to subscribe at: [link removed]

Have an idea for an item that should be in our newsletter? Send us any charts, statistics, heroes/villains, or humor that you’d like to see featured!
[link removed]
[link removed]
[link removed]

Copyright (C) 2026 Unleash Prosperity. All rights reserved.
You are receiving this email because you opted in via our website.
Our mailing address is:
Unleash Prosperity
1155 15th St NW Ste 525
Washington, DC xxxxxx-2706
USA
Want to change how you receive these emails?
You can update your preferences ([link removed]) or unsubscribe ([link removed])