Nearly everything the radical Left supports these days makes absolutely no sense especially when it comes to the economic side of things.
“Spend now, worry later” has become the radical Left’s mantra and it should come as no surprise that the national debt is astronomically high.
But now Kevin O’Leary just humiliated Alexandria Ocasio-Cortez with one epic truthbomb.
Democrats don’t even have an elementary understanding of economics
A simple glance at the Democrat Party platform will tell you that improving the American economy is not even a consideration for most on the Left.
Every single policy they support involves bankrupting taxpayers with wasteful left-wing spending sprees, which they believe can somehow be funded perpetually by simply continuing to increase taxes.
This tax-and-spend mantra has helped to balloon the national debt to unthinkable levels, which looms over the American economy.
One business mogul who understands the damage that Democrats are doing to the American economy is Shark Tank star Kevin O’Leary.
Last week on CNN This Morning, O’Leary went scorched-earth on Democrats over their flawed economic policies after being asked about his hiring practices and investment principles.
“I don’t put companies here in New York anymore or in Massachusetts or New Jersey or California,” O’Leary said. “Those states are uninvestable. The policy here is insane. The taxes are too high. We put them in Fargo, North Dakota, because 40% of the people work elsewhere, including Boston.”
O’Leary added that he recently spoke with radical left-wing Senator Elizabeth Warren (D-MA), and explained why he could no longer invest in her state.
“I say, ‘Look, senator, we’ve got to move the companies out of your state because you are not investable anymore,’” O’Leary told Warren. “‘You are punishing people if they are successful, you overtax them, you hit them with a super tax. New Jersey, what a mess! New York, uninvestable.”
CNN’s Don Lemon then asked specifically about New York, and O’Leary recalled a past project he was working on in the state that he was forced to relocate to Norway.
“I had a project in Upstate New York behind the grid in Niagara Falls for electricity – a global data center we were building,” O’Leary said. “Eventually, it got so bad with the politicians in the local region and the state policy, we moved it to Norway and all the jobs.”
Lemon’s co-host, Kaitlin Collins, rebutted by claiming that the Shark Tank star’s comments are bound to create “pushback from our elected officials in New York on that.”
“I’ll debate them any time of the day you want, particularly AOC,” O’ Leary shot back. “She’s great at killing jobs. She kills jobs by the thousands.”
If only more people had the guts to tell it like it is, as Kevin O’Leary just did on CNN.
Hopefully one of the few people who watched that segment of CNN this Morning will actually absorb some of what O’Leary said.
As O’Leary explained, most Democrat-controlled states have made it their mission to make their states as inhospitable for business as possible.
Instead of raising corporate taxes and punishing success, states should be doing everything they can to promote business and cut down on wasteful spending.
US Political Daily will keep you up-to-date on any developments to this ongoing story.