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The Clark Howard Podcast

6.27.19 Non-compete clauses are awful; 55% of Americans have a credit card balance; Major medical advances in 3-d printing

The Clark Howard Podcast

Clark Howard

Entrepreneurship, Business, Investing

4.65.2K Ratings

🗓️ 27 June 2019

⏱️ 35 minutes

🧾️ Download transcript

Summary

Non-compete clauses are really bad - yet they are still pervasive; SO many Americans are running a monthly credit card balance. That's not good!; 3-d printing is having wide-ranging impacts in the field of medicine.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Great to have you here on the Clark Howard show where we are all working together to help

0:11.2

each other to be empowered with knowledge so you can keep more of what you make.

0:17.7

Coming up in just a few minutes, stays Clark-Rage's moment and I want to concentrate on something

0:23.5

that is a danger signal about what's going on with how we're using our credit cards.

0:31.3

And coming up here later, this is pretty exciting.

0:35.8

There are new developments using 3D printing that are saving people's lives or improving

0:43.6

people's lives with 3D printed objects being used as an affordable way to provide better

0:50.7

health.

0:51.7

Wait till you hear.

0:53.9

So here's something else I'm pretty excited about.

0:59.3

I have been one of the people who is intensely angry about these non-compete agreements that

1:10.3

companies have been imposing on their workers in so many places around the country.

1:16.0

State legislatures who only listen to their political contributors, some big companies,

1:21.5

have been passing these non-compete laws that are brutal, harmful to American competitiveness,

1:32.5

to American economic growth, but most specifically to American workers who are put in a position

1:41.9

that even if they are laid off or let go from a company are prohibited from getting work

1:49.3

in the same field or profession.

1:52.3

It got so ridiculous that the tide turned and it all happened, you may remember the story

2:00.3

about a sandwich shop chain that came up with a non-compete for its delivery drivers.

2:08.6

They were prohibited from delivering sandwiches for anybody else for a period of time depending

2:15.6

on how the non-compete was written in different states.

2:21.1

How ridiculous that is led to a backlash and I'm glad about that.

...

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