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David McCormick: “Think of the US Economy as an aircraft carrier. You got a…”

Featuring: David McCormick, Republican | U.S. Senate, Pennsylvania

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David McCormick Discusses Senate Experience, Economic Policies, and Mentorship on Podcast

Published | Video Starts at 14:26

I agree with you. And listen, the other thing I would say is just being around this long enough. I served in the treasury and in the President Bush administration. Think of the US Economy as an aircraft carrier. You got a bunch of dials, right? You got a dial on regulation. You got a dial on government spending. You get a dial on. On foreign investment. You got to dial on interest rates that the Fed has. You got to dial on tariffs. So what we want to do is get the aircraft carrier zeroed in on a path where it's starting to pick up speed, and some of those things may slow growth a little bit. (14:26–14:44)

CLAIM

Asserts that the U.S. economy can be influenced by regulation, government spending, foreign investment, interest rates, and tariffs.

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