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The John Batchelor Show

#SmallBusinessAmerica: Welcoming AI to small business.@GeneMarks @Guardian @PhillyInquirer

The John Batchelor Show

John Batchelor

Books, News, Society & Culture, Arts

4.52.8K Ratings

🗓️ 7 December 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

#SmallBusinessAmerica: Welcoming AI to small business.@GeneMarks  @Guardian @PhillyInquirer

1940

Transcript

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0:00.0

I'm John Batchel with my colleague, Gene Marks, Small Business columnist,

0:03.8

the Business of America is Small Business, and Washington knows it.

0:08.1

And that's why we've watched the economic appointments of a new administration.

0:13.3

Gene writes for the Guardian, he writes for the Philadelphia Inquiry, writes for Forbes.

0:18.1

We're now going to ask him to speak a column.

0:23.0

Gene, the economic appointments that I'm paying attention to. Mr. Besant at Treasury, said to be diplomatic, but a man who knows

0:28.7

the markets and knows trading. Mr. Lutnik at Commerce, a man who's also skilled in the marketways.

0:36.5

And Kevin Hassett, a brainiac at the White House,

0:39.5

economic advisors. They're all of good, given that Mr. Powell is in place since he was appointed

0:45.3

by Mr. Trump in the first term. I don't see any weakness at all. How do you interpret for small

0:50.6

business these big appointments of big departments?

0:56.4

There's two impacts that I see on small business. You mentioned, you know,

1:02.3

present the Treasury Secretary, Lutnik, Commerce Secretary. These are very much pro-growth

1:09.3

and also pro-tariff people.

1:11.9

So if you're running a business and you're ignoring the fact that tariffs are not going to go up, you're making a big mistake.

1:19.6

And tariffs will have a big impact on the economy, both good and bad.

1:25.6

And John, I just, you know, I wrote a whole piece in the hill about tariffs, and I'm

1:28.8

actually working on another piece for Philly Inquire.

1:30.8

Maybe next time we speak, we can talk about some thoughts and ideas that I'm going to be

1:35.1

sharing about how to navigate, what small businesses are doing to prepare themselves for

1:39.3

this increase in tariffs.

1:41.6

But that's going to be one area that the cabinet itself is going to be focused on.

...

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