Dave McCormick: “There's no greater system for bringing people out of poverty…”

“So I think we're going to need to make adjustments into how that wealth is shared to preserve the capitalist engine that's created the wealth in the first place. There's no greater system for bringing people out of poverty than capitalism. But I think we're getting into precarious territory. So how do you do that on a small scale? The Trump accounts are a good example of that, where you invest in the next generation.” (25:04–25:09)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.