Mark Cuban On Why The Government Should Directly Hire Millions Of People
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 18 May 2020
⏱️ 43 minutes
🧾️ Download transcript
Summary
How should the government address the economic crisis? On this episode, we talk with Mark Cuban, the Shark Tank co-host and billionaire owner of the Dallas Mavericks, who has been outspoken about what he sees as necessary to address this crisis. He explains to us why he thinks the government should directly get in the business of hiring millions of people, along with other ideas to keep people employed and stimulate demand. We also talk about the NBA, his plan to fix healthcare, as well as his future political ambitions.
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| 0:00.0 | The media alone can't ease the tensions that come from the debate surrounding the issues we deal with every day. |
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| 0:11.2 | I'm Tim O'Brien, and I'm the senior executive editor at |
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| 0:23.6 | Context changes everything. |
| 0:25.6 | Start exploring our opinion coverage and more at Bloomberg.com. |
| 0:28.8 | subscribe. And Hello and I'm Tracy Allaway. |
| 0:45.0 | Tracy Allaway. |
| 0:48.4 | Tracy, so obviously on this podcast we speak with mostly I would say either economists or sort of like |
| 0:58.5 | market practitioners in one way or another traders investors investors, and so forth. |
| 1:03.0 | Yeah, or some policy makers sometimes. |
| 1:06.0 | That's true, we also speak with policy makers, |
| 1:08.6 | but it's interesting because I realize that we don't really, |
| 1:11.8 | and maybe we should fix it and maybe we should |
| 1:14.0 | address it we don't really speak with that many people who are actually engaged in |
| 1:19.8 | sort of what people would call business. I mean trading, investing, building, you know, |
| 1:24.9 | FinTech companies, etc, as a business. But in terms of the day-to-day business of running |
| 1:31.0 | actual things, consumer operations, making payroll in a crisis. |
| 1:36.2 | That has not been typically a sort of a big area for us. |
| 1:40.4 | No, we sort of talk about the economy from a theoretical level and of course the economy is |
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