wrong. they can t cancel people if it changes by five dollars. she says if they up the premium by $5 it s cancelled. they get the notice and wonder where to get insurance. they tell them where to get insurance. look, if you are selling a lousy policy at a price that s too high nobody is going to buy it. that s not true. they know people won t buy them. it s a competitive marketplace. but they were buying them. but they won t buy them anymore when they have they like them. when they have a better alternative. thanks to you. well, i can t go out as an insurance policy and sell a lousy policy at a high price. why do you get to decide what s lousy? why can t the american people say it s lousy for you. for me, i like it. it s capitalism. you can go out and buy whatever you want, but the insurance
wrong. they can t cancel people if it changes by five dollars. she says if they up the premium by $5 it s cancelled. they get the notice and wonder where to get insurance. they tell them where to get insurance. look, if you are selling a lousy policy at a price that s too high nobody is going to buy it. that s not true. they know people won t buy them. it s a competitive marketplace. but they were buying them. but they won t buy them anymore when they have they like them. when they have a better alternative. thanks to you. well, i can t go out as an insurance policy and sell a lousy policy at a high price. why do you get to decide what s lousy? why can t the american people say it s lousy for you. for me, i like it. it s capitalism. you can go out and buy whatever you want, but the insurance
nick, the point couldn t have been made more perfectly. i ve never heard it made so well. thank you. look, we ve got three cars. that s it. i can t go out and buy 3,000. right. but think about what the economy would be like if the 280 million americans who aren t in the top 1% had seen their wages rise as fast as mine has over the last 30 years, they could buy a lot more cars. and as a consequence, our economy would be growing far faster than it is. and it seems one of the points you make is that in order to keep these tax rates on the rich low and get these policies across, they have to come up with some sort of an almost devine reason this should be. hence the new notion of job creators and job creators residing among those people who are in wall street anyway shuffling money all day. they re not running factories
for two reasons. one, because it s been suppressed and we re exciting we have it. and the other, it beautifully puts this notion about consumer demand and how the rich absolutely cannot generate enough consumer demand. let s listen to that. sure. there can never be enough super rich people to power a great economy. somebody like me makes hundreds or thousands times as much as the median american but i don t buy hundreds or thousands of times as much stuff. my family owns three cars. not 3,000. i can t buy enough of anything to make up for the fact that millions of unemployed and underemployed americans can t by any new cars, clothes, or enjoy meals out. nick, the point couldn t have been made more perfectly. i ve never heard it made so well. thank you. look, we ve got three cars. that s it. i can t go out and buy 3,000. right. but think about what the economy
high modernization which 100 percent expensing would be so you have lots of new equipment and capabilities that requires new training for people to get jobs. we are short on time but i want to get another question in as quickly as possible. what s your question? you said something earlier you owned 4 small businesses since your last position. yes. you said you had experience with making sure you can make payroll and stuff like that. quite frankly i think it s easier to make payroll when you have finances that someone in your position does. what would you say to people if they can t make payroll they have nothing to fall back on. how would you assist those people? i think it s very hard. i was impressed mike opened up a custom knife shop and then was developing his own business. there s no question, if you are in the position i am in or governor huckabee is in you have the same shot at it. the same principal is there. if i can t go out and find a customer if i don t have peopl