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Matt Gaetz: “I think you can drain the economy out of long term potential…”

Featuring: Matt Gaetz, Republican | Former U.S. House, Florida's 1st District

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The Anchormen Show with Matt Gaetz | Be Cool. It'll Work Out.

Published | Video Starts at 06:36

But when you have a structure in place, administered by the stock market and Wall street, that causes you to look in those quarterly windows, I think you can drain the economy out of long term potential and durability. and you make yourself more vulnerable. Like in the time of pandemic when it someone could make a little bit extra dividend for a shareholder by offshoring some IP to Ireland and some production to India. (06:36–06:56)

CLAIM

Asserts that focusing on short-term profits can harm the economy's long-term potential.

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.


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