America's Economic Dashboard Doesn't Look Good I Anthony Scaramucci

Added: 2026-05-22

[00:00:00]The macro dashboard is very bad for the United States. I'll just give an example. In 1947, labor was 70.7% of the GDP. It's now 53% of the GDP. And you can see that in declining wages in terms of real purchasing power. The other big thing going on right now are the regressive side of the taxation. And so tariffs is a consumption tax and it is a regressive tax because the poor pay more of their disposable income on it than the rich people. And so I'll seed the points that we'll get to a good outcome with Iran, etc. But there's something macro and major going on where the rich have no no place obliged. But I'm just saying we don't have that culture anymore. We got a bunch of guys.

[00:00:47]Some of the tech bros want to be trillionaires, but they got to work on helping people with their disposable income. I don't want to live in a bobwired McMansion while my fellow neighbors are suffering. And by the way, if we don't fix it using market-based forces, you're going to have more democratic socialists in this country win election. I certainly don't want that.