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The Peter Schiff Show Podcast

Let’s Replace Labor Day With Entrepreneur Day – Ep 729

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.75.8K Ratings

🗓️ 6 September 2021

⏱️ 60 minutes

🧾️ Download transcript

Summary




* Grover Cleveland was really a libertarian and one of our greatest presidents.
* The populist movement lead to Labor Day and ultimately in 1913 to the The Federal Income tax, The Federal Reserve, and the popular election of U.S. Senators.
* The Woodrow Wilson presidency proved to be a disaster for America.
* Washington incumbents have rigged the system.
* Workers have benefited from entrepreneurs, despite the drag of labor unions.
* Henry Ford’s risk taking resulted in higher wages for his workers and cheaper cars for his customers.
* Business owners are in the crosshairs of the government.





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Transcript

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0:00.0

The Peter Ships Show

0:06.0

Today's Labor Day Podcast is sponsored by ExpressVPN, even in incognito mode.

0:15.7

Your online activity still gets tracked, and data brokers still get to buy and sell

0:20.9

your data.

0:21.9

Well ExpressVPN creates a secure, encrypted tunnel between your device and the internet.

0:27.8

It expressVPN.com slash gold to get an extra three months free off of your one year subscription

0:34.8

package.

0:35.8

Today is Labor Day, and I hope all of my podcast listeners are enjoying this three-day unofficial

0:43.4

end of summer holiday weekend.

0:46.4

And in fact, for many of my podcast listeners, this is a four-day weekend because the Jewish

0:51.4

holiday of Russia Shana begins at sunset tonight.

0:55.7

For those of you who don't know, Russia Shana is the Jewish New Year, and many people

1:00.9

who celebrate that holiday will also have Tuesday off.

1:04.8

So again, I want to start off the podcast by wishing a happy New Year to all of my Jewish

1:10.0

listeners.

1:11.2

But I really wanted to dedicate today's podcast to the holiday of Labor Day, because a lot

1:18.2

of people probably don't give much thought to what we're supposed to be celebrating on

1:22.8

Labor Day.

1:23.8

They just take for granted, hey, it's a holiday, and I'm not going to have to go to work,

1:28.3

or I'm not going to have to go to school.

1:30.0

In fact, there's only 12 federally recognized holidays, Labor Day being one of them.

1:37.3

In fact, there was only 11 until June of this year when June 15th became the 12th federal

...

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