Loading video...

Video Failed to Load

Go Home

CHAMATH: "This is the first time that I can remember in modern history ... where such an enormous number of business people have been motivated to come and work inside of the Administration ... I think that the United States economy is too complicated to be managed by theoreticians,...

138,419 views • 1 year ago •via X (Twitter)

10 Comments

Brian Costello's profile picture
Brian Costello1 year ago

I completely agree—this is an extraordinary moment, but we must confront the deep challenges head-on to ensure the change truly serves the people who demanded it, not just a privileged few. Closing the wage gap, tackling inflation, fixing immigration, and restoring a shared sense of opportunity in the American dream are not optional—they are the foundation for making this transformation last.

Mammoth Nation's profile picture
Mammoth Nation1 year ago

Trump heard Kamala made up a story about previously working at a McDonald's, so he decided to pick up a shift himself. We're lovin' it!

Jacob's profile picture
Jacob1 year ago

Those who build businesses understand the economy better than those who only study them.

True Explorer's profile picture
True Explorer1 year ago

Chief of Staff at OMB, Ed Martin “You want to get a man’s attention, grab him by the wallet, right? Look, we control the money going out of our treasury into the departments. If you want to get people’s attention at USAID, for example, that spends hundreds of millions of dollars, it looks like a CIA cut out to me, and they’re doing stuff that makes no sense against America, OMB can say the money’s on hold until we figure out if you’re actually doing what this president wants, and that’s what we intend to do.”

Elliot's profile picture
Elliot1 year ago

"I think that the United States economy is too complicated to be managed by theoreticians, by folks with random PhDs and absolutely no working experience in the real world". Federal Reserve be like

Critical Thinker's profile picture
Critical Thinker1 year ago

The point that Chamath is making is essential. I was commenting on this recently. The net worth of these people is only interesting as far as it demonstrates that these people have been successful in making things work without throwing money away, which is what governments due well. If you want to cut the $36T deficit, you need people who know how to get things done efficiently.

Tan's profile picture
Tan1 year ago

We are living in the best timeline... The future looks bright! So many people... Big business people will transform our country that will make our founders proud. Can't wait to see what DOGE produces.

Lady Lisa ♥️🇺🇸♥️'s profile picture
Lady Lisa ♥️🇺🇸♥️1 year ago

@LibrarianGirl77 "Academics" and "experts" are the ones that will ump out the very ideology that destroys countries. Time to put them out to pasture.

Sixstring Sam's profile picture
Sixstring Sam1 year ago

This will still fail, why do Republicans continue to believe the economy can be "managed" by the government? Government has one singular impact on any economy, negative.

William Hunt's profile picture
William Hunt1 year ago

If you’ve never had to make payroll and sign a check, you have no business trying to run anything in government

Related Videos

Trump's New Administration Has a Pattern: Business Experience Over Career Bureaucrats On E207, the besties discussed the advantages of Donald J. Trump filling his administration with sharp business minds like JD Vance, Elon Musk, Vivek Ramaswamy, Howard Lutnick, Scott Bessent, Linda McMahon, Doug Burgum, David Sacks, and many others. Chamath Palihapitiya breaks it down: "I think this is the first time that I can remember where such an enormous number of business people have been motivated to come and work inside of the administration." " I think that Democrats would never have assembled a group of people like this, even though the Democratic Party has a version of this chart that they could have made." " The problem is that they believe it's deeply unfashionable to get strong, competent business people to take a pause in their business career and come work in government. And you almost look down on people that are successful." " Whereas the Republican alternative here, if it creates a movement, so to speak, so that subsequent presidents tap folks on the shoulder, I think we'll be much better off." " And the reason is pretty simple." "I think that the United States economy is too complicated to be managed by theoreticians, by folks with random PhDs and absolutely no working experience in the real world." " And when you bring those people in to oversee those PhDs, I think you probably get better outcomes." " So I hope this becomes a standard which is, ask these very talented, clearly demonstrated, successful people with judgment, to hit the pause for a year, or three, or five, whatever it is, step into government, help the country, and then go back."

The All-In Podcast

55,022 views • 1 year ago

.Scott Jennings schools Ana Navarro on CNN NewsNight after she calls the $1.8 billion DOJ fund to compensate victims of unfair lawfare “reparations.”: Navarro: “Republicans used to balk and be shocked and uh outraged by the idea of reparations to people who suffered slavery. But we're going to be giving money to uh January 6th insurrectionists. That part's okay. Yeah, it's it's disgusting.” … Jennings: Have you ever been unfairly targeted by the Department of Justice? Navarro] I have been unfairly targeted by this administration, yeah. Jennings] Have you been unfairly prosecuted by the Department of Justice? Navarro] Are those the people that are going to be in uh in this— Jennings] So the answer is no, you haven't. So so the issue is, the question is, has anyone in the history of the United States ever been unfairly targeted by the Department of Justice? Of course they have. And there ought to be just at a top line a way for people to seek recourse if they have been unfairly targeted. That having been said, this all started by the fact that Donald Trump had his tax returns unfairly and illegally leaked by the IRS. That's where all this started and he was initially seeking damages for that, which he has given up. He'll receive no money as I understand it. And now it has morphed into this idea that there have been people that have been unfairly targeted…. I want a uh do I want a world where if you've been unfairly targeted by the federal government and it was truly unfair and you truly were had something done to you that should not have been done, do I think people should be able to seek recourse for that? Absolutely I do because I think it probably happens and not on a partisan basis but it probably happens all the time. And I think people ought to be able to seek uh some sort of damages if they've been unfairly targeted by the department or by the federal government.”

Steve Guest

23,762 views • 2 months ago

🚨If the US🇺🇸 thinks Venezuela🇻🇪 will be an easy target, it’s in for a BIG SURPRISE- Venezuela’s Former Deputy Foreign Minister for North America ‘As long as we have oil wealth and other mineral wealth, Venezuela is always going to be a target of the United States, of large multinational corporations, etc. I understand the United States has military superiority…but to think that Venezuela is an easy target, that Venezuela is someplace that you can come in and just take over, you’re up for a surprise. I think there’s a long history here of resistance, of morale to resist attacks. I think we have seen also the tragic sort of interventions that the United States has done even in recent years. I mean, you could go back to Vietnam and remember how tragic that was. But even Afghanistan, Iraq, all these more recent interventions have shown that if you don’t have the support of local populations, if there isn’t some sort of other arrangement, you’re not going to be successful. I mean, after 20 years of the disaster they caused in Afghanistan, they had to leave without accomplishing anything. That’s horrible for our people in the sense that, of course, if something like that comes to happen, and I really wish that it doesn’t come to happen — it’s going to be hurtful for the Venezuelan people. But I think they have to think twice about what really is at stake and how this is going to affect the stability of the United States. We’re not hundreds or thousands of miles away. We’re really close to the United States. And it could have a terrible effect for its economy, even for its own base. I mean, if you look at the base that supports President Trump right now, a lot of the criticism that is coming is precisely from its own base, who were promised that there would be no more forever wars.’ -Carlos Ron on the latest episode of Going Underground FULL INTERVIEW BELOW IN THE REPLIES👇

Going Underground

58,089 views • 7 months ago

Bernie Sanders (pre-Trump/2015), explains how Illegal Immigration “makes US all Poorer.” 👇🏼 "Open borders?! That's a Koch bros. proposal. The idea, of course. I mean, that's a "Right Wing," proposal which says essentially there is no United States." It would make everybody in America POORER, you're doing away with the concept of a Nation State! And I don't think there's any Country in the world which believes in that? (Yeah, just wait)... "If you believe in a nation state or the COUNTRY called the United States, you have an obligation, in my view, to do everything we can to help poor people. What Right Wing people in this country would love is an OPEN border Policy, bringing all kinds of people work for 2 or $3 an hour!" "That would be great for them. I don't believe in that! I think we have to raise wages in this Country. I think we have to do everything we can to create the millions of jobs... You know what youth unemployment in the United States is? If you're White, a high school graduate -33%, a Hispanic - 36%, and an African American 51%!!! Do you think we should have open the borders, and bring in a lot of low wage workers, or do you think that we ought to get jobs for those kids?! So I think from a moral responsibility we should work with the rest of the Industrialized world to address the problems of International poverty, but you don’t do that by making everyone in this Country poorer.” - Bernie Sanders

Suzanne 🇺🇸♥️

17,137 views • 5 months ago