4.6 • 682 Ratings
🗓️ 17 October 2024
⏱️ 3 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | brought to you by the ramsay network app download for content that keeps you motivated today you're on the |
0:08.8 | campaign trail i'm curious because it sounds like what you guys are talking about is the job of the |
0:12.6 | politician and the government is to create an environment where people can thrive and businesses |
0:17.2 | can thrive so what do you think politicians need to do? If your people get in office, |
0:23.0 | what are the steps that we need to take to create that environment? Well, I mean, massive deregulation. |
0:27.5 | And I think that this is something President Trump certainly understands. Cutting the red tape, |
0:30.8 | that has to be done at local state and federal level. It is so much harder to start a business now |
0:35.7 | than it was to start a business a few decades ago. |
0:38.8 | If you want to build a house now, the number of hoops that you have to jump through |
0:42.3 | doing environmental impact statements and applying to things. |
0:46.3 | Now, again, it's way better here than it is in other countries. |
0:48.8 | If you look at, I'm very familiar with the legal system in Israel, the legal system in Israel, |
0:52.6 | to build a new building in Israel, just to get the permits approved is like 270 days. To do it in the state of Florida, |
0:57.6 | where I am is like three hours. But with that said, there's too much regulation. That regulation makes |
1:02.1 | it very, very difficult. You need to stop confiscating people's wealth. When people make money, |
1:06.1 | let them make their money and then reinvest their money in new things. We need to get rid of the systemic burden |
1:12.1 | on the American economy that requires that drawdown, which is these giant welfare programs. |
1:17.0 | These giant welfare programs are eating the American economy alive. And none of these politicians |
1:21.0 | will take it on because when you have a concentrated benefit and a diffuse cost, then it's very hard |
1:27.2 | for politicians to actually make the case for getting rid of the program, right? |
1:30.5 | When 10 people are really benefiting a lot, but 1,000 people are paying 1 cent, it's much easier to just say to those 10 people, hey, you're getting your money. |
1:36.3 | You know, everything's, everything is everything's great for you. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.