Is Socialism the Answer? Tom Bilyeu and Drew Debate Economic Policy and Free Buses | Tom Bilyeu Show Live

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Impact Theory

Education, News, News Commentary, Philosophy, Technology, Society & Culture, Business, Self-improvement

4.7 • 5.1K Ratings

🗓️ 31 October 2025

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

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Summary

n today's thought-provoking episode, Tom is joined by his ever-insightful co-host Drew for a dynamic, no-holds-barred conversation tackling the most pressing issues shaping our world right now. The crew dives headfirst into global politics—from the ongoing turmoil in Israel and Gaza, to the influence of leaders like Benjamin Netanyahu and Donald Trump—analyzing whether the problems we face are rooted in individuals or systemic forces. The discussion takes an especially sharp turn when Tom and Drew debate the economic policies of populist leaders, with a special focus on Mamdani and the rise of socialist ideas. Tom is adamant about the dangers of deficit spending and the unintended consequences of well-intentioned but economically unsound policies, arguing that populism risks making life harder for the very people it claims to champion. Drew, meanwhile, pushes back, questioning whether reallocating government spending toward infrastructure and services—like free buses—could offer real solutions for the middle and lower classes. Listeners can expect rigorous analysis of America’s fractured economy, why wealth inequality is exploding, the pitfalls of government spending, and the urgent need for economic literacy. The team even explores how America’s mass under-education and lost competitive edge might threaten its place on the world stage, especially compared to China’s meteoric rise. Throughout, Tom anchors the conversation around the core values that he believes America needs to reclaim: self-improvement, ambition, and a relentless drive to win. Thought experiments, tough questions about the future of unproductive citizens, and even reflections on children’s entertainment and cultural mindsets round out this expansive, deeply relevant episode. If you’re ready for a blend of hard truths, big ideas, and a little levity, this is one Impact Theory episode you won’t want to miss. Let’s dive in! Bevel Health: 1st month FREE at https://bevel.health/impact with code IMPACT Linkedin: Post your job free at https://linkedin.com/impacttheory Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact True Classic: Upgrade your wardrobe at https://trueclassic.com/impact Cape: 33% off with code IMPACT33 at https://cape.co/impact Surfshark: Go to https://surfshark.com/bilyeu or use code BILYEU to get 4 extra months of Surfshark VPN! AirDoctor: Up to $300 off with code IMPACT at https://airdoctorpro.com Raycon: Go to https://buyraycon.com/impact to get up to 30% off sitewide. Found Banking: Try Found for FREE at https://found.com/impact What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER: https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.: https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Good morning, everybody. Welcome to the Tom Bill U show live. I'm joined by my co-host, Drew, as always. Good morning. We've got Mason on the community. We've got Eric, but I don't see G. So it looks like we got a limited crew today. But I have no doubt, Eric is going to hold down the fort and everything's going to be just fine.
0:58.2	Drew, how goes it? I think you're traumatized by what's happening in Israel, Gaza. You know, it was just we were celebrating, taking victory laps. Yeah. We were like, hey, how come he did it get the Peace Prize? Where's the Peace Prize? And then Israel's like, hold my beer. We're not done yet. It's a developing story. So I wanted to just make sure we acknowledge the elephant in the room that is Benjamin Netanyahu. But of course, snap. Do you really think this is just a Benjamin Netanyahu problem? Like, get rid of Benjamin Netanyahu and problem goes away? I feel like that's what we've done in Middle Eastern and other regime changes. We're trying to do that in Venezuela right now. It never works. And they shouldn't do it in Venezuela either. Because here's what happens. You have a problem. These people are bottom up leaders. They're not top down. You,
1:03.9	you don't have Benjamin Netanyahu as a person who creates the problem. You have a problem and Benjamin Netanyahu rises to the top
1:13.3	in that moment in the same way that Trump is not some tremendous leader that has moved us into a
1:19.5	popular populist era. He is a populist leader that could only come to power in a moment like this.
1:26.8	And so once you understand a moment like
1:29.4	this is the thing to focus on, like what are all the underlying things that drive this? This is why it
1:34.1	drives me nuts when people aren't talking about the economic problems. I feel so sad. This is as
1:43.1	close as I'll be able to give people moral outrage.
1:45.7	I feel so sad.
1:47.1	Like today, there's a comedian guy.
1:48.8	Forget his name.
1:49.6	Very funny.
1:50.2	I retweeted it.
1:50.9	So it'd be easy enough to find.
1:51.9	But he was like, I'm against any politician who billionaires are for. And so I'm supporting Mom Donnie. And I'm just like,
2:05.5	oh my God, the one thing guaranteed to make your problems worse. Because he was like, we can have a
2:12.0	better world. Yes. Yes. You can have a better world. The bad news is you have to fix the economy if you want said
2:20.4	better world. And guess who's going to make the economy worse? Just going to the mathematics of how
2:26.4	economies work. Zorn Mandami. So I get it. I love that you feel a connection to the working man. That's amazing. But the reality is,
2:37.0	okay. I was trying to save this and bury this a little bit. But I feel like we keep saying
2:42.3	that Mom Dani is going to make the economy worse. When we are losing a million jobs, the stock
	...

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