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Unleash Prosperity Hotline Issue #1580
08/18/2026
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1) Competition, Not Price Controls, Cut Drug Costs

Here's one sign the affordability crisis isn't what it used to be. You've probably seen the headlines.
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Big win here for Trump, but also for free market competition.
* The Trump Administration has aggressively promoted direct-to-consumer sales and included PBM reforms in the Big Beautiful Bill.
* Team Trump has attracted a half trillion dollars in new biopharmaceutical investment to the US.
* Intense market competition is driving down the price of medicines, such as popular weight loss drugs.

Democrats and the media will try to credit Biden and the so-called Inflation Reduction Act, but the short list of drugs subject to Medicare price negotiations haven't really moved the needle because individual plans had already aggressively negotiated prices.

Not only is the 3.1% drop in July the biggest on record, but this chart shows drug price increases have been historically low in both Trump terms - interrupted by Bidenflation.
A chart, "Drug prices spiked under Biden, falling under Trump."
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2) Mamas Don't Let Your Babies Grow Up to Be Philosophers

No one will be too surprised by this chart. It contrasts the college majors for the most liberal students and for the most conservative students. Liberals major in philosophy, theater, and environmental science, and conservatives major in finance, technology, and accounting. The old joke used to be that "those who can't do, teach," but now it's "those who can't teach, do sociology."
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3) $7 Trillion for "Temporary Jobs"

There are certainly legitimate (though exaggerated) concerns in communities on the impact of new data centers, but one of the hollowest is this one: "they only create temporary construction jobs."

A friend of ours who works in the building industry had the perfect response: "Every construction project creates 'temporary jobs’."

Let’s do the math on how many of these “temporary jobs” there will be. McKinsey recently estimated $7 trillion of construction costs for new data centers in the years to come.
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Roughly half of the cost of a construction project is labor costs. So that’s $3.5 trillion that will be paid to mostly union workers.

The average pay and benefit for a union construction worker is a little under $100,000.

So this means tech companies will pay out the equivalent of a one-year payment of $100,000 to 35 million workers. Or, more realistically, $100,000 per year to one million full-time workers for 35 years.

That’s a lot of good paying jobs. No wonder the construction unions love data centers. Quick: someone tell Bernie Sanders.
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4) California's New Billionaire Taxation Policy

Mark Cuban is no fan of Republicans or their policies. He has backed every Democratic presidential candidate in the last 20 years, praised AOC and organized business leaders for Kamala Harris.

Now California's proposed 5% wealth tax on residents with more than $1 billion in assets, has him reconsidering the wisdom of “progressive” policies.

Cuban has warned that if the tax passes he would "make NOT being in California a pre requisite for an investment."

Then he lampooned Democrats who support this plan saying the new California taxation policy will be:

"Cali, You make it. We take it!" he wrote.

Khanna continued to push back, arguing that most of the roughly 250 California billionaires who could be affected by the tax would not have any liquidity problems.

Cuban ended the exchange quite bluntly (but we cleaned it up a little for our family-friendly HOTLINE audience):
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Maybe if there’s a silver lining here it is that the new billionaire tax may persuade some of the super-rich in California that it’s time for an ugly divorce from the Left.
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5) The DSA Honors Their Patron Saint - Fidel Castro

Here’s our laugh or cry item of the week.

The Democratic Socialists of America have just issued a celebratory remembrance of Fidel Castro’s 100th birthday, not just praising the communist dictator, but accusing the U.S. of genocide for the Cuba embargo:
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While Cubans are today desperately poor (90% poverty rate), Castro's family are now reported to own 29 luxury homes, four yachts and a private island.

Monica Showalter, who used to compile Forbes magazine's list of the world's most wealthy, says the family now sits on cash reserves of $18 billion with many living in Europe and the U.S.

There are two ironic takeaways from this commemoration: first, DSA has finally found a billionaire they like. Unlike most billionaires that the DSA says shouldn’t exist, Castro really did steal his fortune.

Second, the Democrat socialists keep insisting they are NOT communists, but this award simply proves that they share the same impoverishing ideology.
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6) Wrong Track, Wrong Direction

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