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The economic boom everyone’s missing 🔥 David Sacks “I suspect we’ll look back on this time period as the beginning of a new Golden Age.” - Strong GDP growth (Q3 >4%, Q4 >5%) - Massive private-sector job creation (+172k in January, +615k in Trump’s term) - Unemployment dropping to...

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“Fairness” = give the bureaucracy more money? Canada’s Finance Minister Chrystia Freeland is raising the tax on capital investments to the highest level in the G7. This video reveals a sad, dystopian view of Canadians. She uses the resentful ‘class war’ language of the 1970s, where Canada will be filled with a sad majority feeling ‘wrath’ unless you accept her new tax. Who writes these speeches? Have they travelled? Famously egalitarian nations Belgium and Switzerland and Singapore have zero cap gains taxes. Do they hate fairness? Seriously, this is her proposal: Take $18 billion in risk capital proceeds away from Canada’s small but critical investor class with a globally uncompetitive tax rate. Then give that money - along with another $40 billion in debt - to a federal bureaucracy that currently does not show up for work in person more than twice a week. They will invest it instead. The nation will heal. Thats not fairness. It’s losing. Again. On an international scale. Here’s why this tax will add to her economic losing streak: 1. It kills economic growth. Taxing capital investment discourages the cash that backs the entrepreneurial ideas that turn into the jobs and companies that grow the economy and improve productivity and living standards. Every other large advanced economy will have a lower cap gains tax than Canada. Are they less ‘fair’ than Minister Freeland? Or do they have an economic strategy of shared prosperity that allows for individual success without the sad language of class resentment and envy? Every company whose services we love today - no matter how large - started with an entrepreneur - and some investors crazy enough to fund them with risk capital. Most nations do whatever they can to attract entrepreneurs and investors because they bring growth and economic vitality and jobs. This Minister is taxing them away in the name of fairness. But federal fiscal incoherence is costing Canadians $54 billion interest losses degrading public services and the worst declining GDP performance in the G7 2019-2024 and the worst GDP per capita of all 40 advanced nations in the OECD modelled out to 2030. Fairness for Canadians starts with federal fiscal competence. 2. It kills jobs (the real ones): The private sector creates jobs when good ideas or expansion is funded by risk capital - that is why positive jobs reports are usually signals of economic growth. But Canada’s jobs reports aren’t signals of economic growth anymore because they feature a failing economy where most of the jobs being reported are actually government roles bought with debt. This kills economic productivity. When governments use debt to buy jobs it turns a single debt-funded position into a permanent unfunded annual govt operating cost. Every one of these jobs costs more in tax, debt and interest than it can ever contribute back. Taxing the risk capital that creates real jobs while borrowing money to buy public sector jobs with debt - the current modus operandi of this government and its “jobs” announcements - kills GDP productivity. 3. It takes Canada backwards Canada’s private sector is the only mechanism to fund Canadian prosperity. Risk capital funds the companies and jobs that are the engine that pays for everything - including all government employees and services - and all debt and interest. A previous Liberal government knew this. They dropped this tax back in 2000 to help Canada compete with the rest of the world, who in turn compete hard for the mobile investment capital of the smartest and most successful investors because it has such a positive impact on economic growth. For everyone. Economic prosperity is the best form of fairness. Going backwards to economic policies from the last century, wrapped in the dystopian language of big government ‘fairness’ isn’t helping anyone. Cut taxes, spending and the bloated state. Fairness = fiscal competence.

David Knight Legg

266,287 Aufrufe • vor 2 Jahren

Full-Time Work, Real Pay Raises: How Trump Quietly Rebuilt the Job Market | E.J. Antoni “America’s Job Market Has Entered the Slow Lane”—that was a recent Wall Street Journal headline. Most of the mainstream media echoes this interpretation, but the reality is much better than the headlines suggest. In fact, it’s as if the reporters who wrote those headlines didn’t read beyond the headline of the jobs report. Here’s what the Dec. 2025 jobs report actually showed: ✅People working multiple part-time jobs exchanged them for single full-time jobs in December. ✅During nearly the entire final year of the Biden admin, annual native-born employment was in the red. In 2025, native-born employment beat foreign-born employment by over 1.6 million. ✅The federal workforce is the smallest it’s been since 2014. “So, despite all the naysayers, Trump’s first year back at the helm saw a labor market undergo badly needed structural changes that are making Americans better off… If we keep up with tax reform, regulatory reform, and energy reform, economic growth will turn into a rocket sled on rails," argues Heritage Foundation Chief Economist E.J. Antoni, Ph.D. on his latest video commentary with The Daily Signal. (00:00) Introduction: Trump's Economic Impact (00:50) Media Misinterpretation of Job Market (01:10) Positive Employment Data (03:07) Shift from Part-Time to Full-Time Jobs (05:07) Private Sector Job Growth (06:01) Manufacturing Sector Trends (07:00) Wage Growth and Inflation (07:40) Conclusion: Economic Optimism For more videos like this, subscribe to The Daily Signal’s YouTube channel and enable notifications to be alerted the second a new video drops: ⁠ ⁠

The Daily Signal

20,217 Aufrufe • vor 7 Monaten

Sam Altman said something this week that most AI CEOs would never say publicly. He called out the other executives in the room. "I know some AI CEOs are saying things like 50% of the jobs are going to go away. To say nothing of how tone deaf it is for someone to be saying my company is going to eliminate 50% of the jobs AND my company is going to be the most valuable company in human history." The criticism isn't that job change isn't coming, it is and Altman said that clearly. His point is that framing mass displacement as an inevitable feature while simultaneously positioning your company as the biggest winner in history is a special kind of detached from reality. And the data actually backs him up on the nuance here. In 2024, AI directly created over 119,900 jobs mostly in data centers, infrastructure, and AI development itself. Jobs lost to AI in the same period roughly 12,700 and that's less than 0.1% of all layoffs that year. The World Economic Forum projects 92 million roles displaced by 2030, but 170 million new ones created, a net gain of 78 million jobs globally. History says this pattern holds every time. When the PC went mainstream, entire categories of jobs vanished, entire industries we now take for granted didn't exist, 60% of U.S. workers today are in occupations that didn't exist in 1940. What Altman is actually saying is something more sophisticated than don't worry. He's saying that productivity gains from AI don't reduce work, they raise expectations. Faster output leads to bigger goals, tighter timelines, and more ambitious projects. The work expands to fill the capacity. The fear isn't irrational but the framing is just wrong.

Milk Road AI

116,355 Aufrufe • vor 3 Monaten

Sam Altman on the most tone-deaf prediction being made by AI CEOs today: He pushes back on the gloomy predictions in the AI industry about mass unemployment. "I know some AI CEOs are saying things like 50% of the jobs are going to go away." Sam Altman finds this framing not just wrong, but tone-deaf: "To say nothing of how tone-deaf it is for someone to be saying my company's going to eliminate 50% of the jobs and my company is going to be the most valuable company in human history and you know how wonderful that's going to be and but 50% of you are going to lose your jobs." Instead, Altman points to a pattern that's played out before: "Jobs will go away. Jobs have gone away with every technological revolution. Jobs will change." To illustrate why productivity gains don't automatically translate to less work, he shares a conversation that stuck with him: "A thing someone said to me just yesterday that really stuck with me is I can use the new model GPT 5.5 in codex to accomplish in an hour what would have taken me weeks 2 years ago. And I thought I would have been much less busy in that world. Now you're doing work and I have never been busier in my life. I'm waking up in the middle of the night to do more work." Altman acknowledges the disruption ahead, but rejects the bleak version of the story: "I have no doubt that the economy is going to change a lot and jobs are going to change a lot and I think caution is warranted and I think rigorous debate about new social contracts, new economic systems are warranted as well. But I don't think it's like we're all going to sit around in a life without meaning and without work."

Big Brain AI

12,195 Aufrufe • vor 3 Monaten

NEW: Trump Treasury Secretary Scott Bessent says America must implement pro-growth regulatory policies, cut wasteful federal spending, and unleash American energy production. "Today, I believe that President Trump has a generational opportunity to unleash a new economic golden age that will create more jobs, wealth, and prosperity for all Americans." "We must secure supply chains that are vulnerable to strategic competitors, and we must carefully deploy sanctions as part of a whole-of-government approach to address our national security requirements, and critically, we must ensure that the US dollar remains the world's reserve currency." "The federal government has a significant spending problem, driving deficits that have averaged a historically high 7% of GDP during the past four years. We must work to get our fiscal house in order and adjust federal domestic discretionary spending that has grown by an astonishing 40% over the past four years." "Productive investment that grows the economy must be prioritized over wasteful spending that drives inflation." "If Congress fails to act, Americans will face the largest tax increase in history, a crushing 4 trillion tax hike. We must make the 2017 tax cuts and Jobs Act permanent and implement new pro-growth policies to reduce the tax burden on American manufacturers, service workers, and seniors." "The best approach to achieving these important goals together, as President Trump has said: We will unleash the American economy by implementing pro-growth regulatory policies, reducing taxes, and unleashing American energy production."

KanekoaTheGreat

12,521,375 Aufrufe • vor 1 Jahr

🚨 Canada’s Spring Economic Update Summary 1. Liberals: “Deficit down $11.5 billion.” Reality: The deficit is still $66.9 BILLION. It’s lower than their own inflated projection. They’re celebrating missing their target by less. 2. Liberals: “Responsible fiscal management.” Reality: $37+ billion in NEW spending added on top. Still no path to balance. Deficit still $53+ billion by 2030. 3. Liberals: “GDP growth revised upwards.” Reality: Real GDP grew 1.7% in 2025. Private sector employment fell in January and February 2026. 4. Liberals: “Non-US exports up 40%.” Reality: It’s because of gold prices and oil. NOT BECAUSE OF DIVERSIFICATION OR NEW TRADE RELATIONSHIPS. 5. Liberals: “Strong jobs and wage growth.” Reality: Youth unemployment: 18%. Private sector jobs fell first two months of 2026. Rogers just offered packages to 25,000 Canadians. 6. Liberals: “Home prices and rents down.” Reality: Yes. First true claim. 7. Liberals: “Direct investment at a 20 year high.” Reality: Over half is mergers and acquisitions. Foreign companies buying Canadian companies. Not building anything new. Shell just bought ARC Resources today for $22 billion. That counts as FDI. 8. Liberals: “Canada Strong Fund. A sovereign wealth fund.” Reality: $25 billion seed money. FROM TAXPAYER DEBT. We are running a $66.9 billion deficit. It’s a Sovereign Debt Fund. 9. Liberals: “Zero opposition votes needed.” That one is actually true. And that’s the whole problem.

Mario Zelaya

15,906 Aufrufe • vor 3 Monaten

We're watching the birth of a new economic model. January 2026 just hit 108,435 layoffs. The highest January since 2009. Up 118% from last year. Up 205% from December. And here's the number that's even more important: New hires announced in January: 5,306. The LOWEST since they started tracking in 2009. For every 1 person companies announced hiring, they announced cutting 20. UPS is slashing 30,000 jobs. Amazon is cutting 16,000. Dow is restructuring thousands. Healthcare just hit its worst month since April 2020. But here's what makes this terrifying: GDP is still growing at 4%. The economy looks fine on paper. Yet companies are firing at 2009 rates. Wharton professor Mohamed El-Erian called it out: "These layoffs are occurring while GDP continues to grow at approximately 4 percent, accelerating the decoupling of employment from economic growth." Read that again. Employment is decoupling from growth. Companies are making more money with fewer people. This is something new. The economy is growing. Profits are up. And jobs are disappearing anyway. AI was cited for 7,624 of January's layoffs. 7% of the total. But that's just the companies willing to admit it. Every CEO is talking about AI. Every earnings call mentions it. The market rewards companies that announce AI efficiency. The real number is probably 3x higher. The funny part is that "contract loss" was the #1 reason cited. 30,784 layoffs. In other words, companies aren't renewing deals. They're pulling back. They're expecting less business. This is what happens when corporations get spooked at the same time. These layoff decisions were made in late 2025. Before the new year even started, executives looked at 2026 and said: "Cut now." The narrative has been "no-hire, no-fire." Companies aren't growing headcount but they're not shrinking either. That story just died. We're now in "no-hire, YES-fire." Hiring is frozen. Layoffs are accelerating. And the economy keeps growing. If this continues, we're watching the birth of a new economic model. One where prosperity and employment finally divorce for good. What do you think?

Ricardo

45,739 Aufrufe • vor 6 Monaten

Mark Carney was bragging abut how great things are and gave REAL evidence as to why... So lets fact check it: 1⃣ "Creating jobs at twice the rate of the United States" - A disproportionate share of Canada's job growth has been driven by the public sector and part time positions... especially during summer months, rather than high paying, private-sector career opportunities. In fact, the broader year-to-date numbers show that the Canadian economy has routinely struggled with heavy monthly net job losses. Despite these additions, Canada’s actual unemployment rate has consistently trended much higher than that of the U.S. 2⃣ "Highest level of foreign direct investment in 20 years" - While foreign money is arriving (largely driven by heavy government subsidies in green technology and EV plants), domestic business investment per worker has plummeted over the last decade. Economists point to the fact that while many foreign owners are buying Canadian businesses (not creating anything new and often laying off staff at these companies once ownership is transferred) domestic Canadian capital is fleeing to the U.S. and other markets because of Canada's complex regulatory hurdles and high cost of doing business. 3⃣ "We can see the Growth picking up this quarter" - Misleading. While there may be a minor quarter over quarter uptick due to specific, major project examples (like the Rio Tinto project mentioned), Canada is facing a systemic productivity crisis. While Canada’s overall GDP shows growth, its GDP per capita (economic output per person) has steadily declined. Canada actually sits near the bottom of the G7 in per-person wealth, meaning the average Canadian is technically experiencing an individual economic contraction despite the top-line national growth numbers Carney brags about. 4⃣ The carbon-neutral aluminum plant photo-op??? - announced in 2024, years before this speech. First production isn't until 2027. Capacity: 2,500 T a year. It relies on billions in taxpayer-funded subsidies and artificial price advantages through carbon taxes, rather than genuine market competitiveness, to survive. This initiative represents massive corporate welfare for a large multinational that fails to address broader, systemic declines in Canadian productivity and investment... and on its face, is not competitive in any beneficial way to the Canadian public at this time... or if the net zero climate hysteria eventually fades completely (which it already is in many nations) 5⃣ Mark Carney is painting a picture of an economy undergoing a booming structural transformation. The omitted reality is that the top-line numbers look healthy primarily because of aggressive population expansion and massive government capital injections into specific green sectors.

Jasmin Laine

41,168 Aufrufe • vor 12 Tagen

"The authorities have completely lost control over the economy," — Igor Lipsits Igor Lipsits, an exiled Russian economist, argues the Russian economy is not a true market economy and is in a precarious state, characterized by a war-driven "mobilization economy" that relies heavily on state spending and is depleting long-term resources. He points to rising poverty and a severe budget deficit, which the government is trying to address through tax increases, while official figures of growth are misleadingly high due to factors like panic-driven inventory accumulation rather than genuine productivity. Key points from Igor Lipsits on the Russian economy: •Misleading official figures: He states that reported GDP growth is misleading, inflated by military spending and the accumulation of inventories by businesses afraid of supply chain disruptions, not by actual economic progress. •"Mobilization economy": The economy is shifting towards a wartime footing, with resources directed towards the military-industrial complex. This erodes the framework of a free market and sustainability for other sectors over time. •Budget crisis: The government faces a massive budget deficit, with military spending consuming a huge portion of the budget while tax revenues are falling and reserves are being depleted. •Strained private sector: Businesses are being squeezed by tax hikes and a lack of investment. Many industries are operating at a loss, and the government is taxing profits that don't exist. •Economic inequality: While the middle class is struggling, a segment of the population, particularly families of soldiers and those in stagnant regions, are experiencing a form of economic benefit from the war through increased payouts. •Negative long-term outlook: He warns that the current path is unsustainable and could lead to a full-scale industrial and financial crisis, as the economy is "eating itself" by consuming its remaining pre-war reserves and exhausting its resources.

Beefeater

18,351 Aufrufe • vor 9 Monaten