E.J. Antoni
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Podcast Appearances
I love it. I can't tell you how much I love it. People don't understand the amount of red tape, especially from these different government three-letter agencies like the EPA that throw up roadblocks anywhere and everywhere and make all kinds of productive economic activity. simply unviable because the regulatory burden is so tremendous.
But again, if you can get rid of that, then all of a sudden you get rid of the deadweight loss and you can create an economic resurgence. It's difficult to overestimate just how many projects there are in this country, or I should say that there could be, in this country, but for the regulations that get in the way of entrepreneurs and people who actually want to serve their fellow man.
But again, if you can get rid of that, then all of a sudden you get rid of the deadweight loss and you can create an economic resurgence. It's difficult to overestimate just how many projects there are in this country, or I should say that there could be, in this country, but for the regulations that get in the way of entrepreneurs and people who actually want to serve their fellow man.
Because at the end of the day, that's how you make money in this country. You provide a good or service that people want, and in exchange, they're willing to pay you for it. But when government is going to throw on this tremendous regulatory burden, it makes it impossible for people to do that. Elon Musk gave a couple of really good examples lately
Because at the end of the day, that's how you make money in this country. You provide a good or service that people want, and in exchange, they're willing to pay you for it. But when government is going to throw on this tremendous regulatory burden, it makes it impossible for people to do that. Elon Musk gave a couple of really good examples lately
with his SpaceX program, where the EPA and different other agencies threw up all these roadblocks, like making him conduct an ocean survey to try to determine whether or not if one of his rockets fell out of the sky, it might happen to land on a shark in the ocean. I mean, it sounds ridiculous, but those are the kinds of things that organizations like the EPA are forcing businesses to do.
with his SpaceX program, where the EPA and different other agencies threw up all these roadblocks, like making him conduct an ocean survey to try to determine whether or not if one of his rockets fell out of the sky, it might happen to land on a shark in the ocean. I mean, it sounds ridiculous, but those are the kinds of things that organizations like the EPA are forcing businesses to do.
And if you're a small business, you can't afford to do those things.
And if you're a small business, you can't afford to do those things.
I'm optimistic, but largely only because of the people that are going to be at the helm. The ship of state is going to go through some very, very turbulent waters in the year ahead. We have a lot of what I would call ticking time bombs within the economy. You know, we talked about inflation resurging. That's one of them. The commercial real estate market is on very, very shaky territory.
I'm optimistic, but largely only because of the people that are going to be at the helm. The ship of state is going to go through some very, very turbulent waters in the year ahead. We have a lot of what I would call ticking time bombs within the economy. You know, we talked about inflation resurging. That's one of them. The commercial real estate market is on very, very shaky territory.
And that means that the small banking sector, which provides all of the commercial real estate loans, they're also looking at a lot of trouble coming down the pike. So again, we're facing a lot of economic headwinds. Let me put it that way. But I have a lot of confidence in leadership that they're going to be able to get us through. Great stuff. Thank you so much for talking with us.
And that means that the small banking sector, which provides all of the commercial real estate loans, they're also looking at a lot of trouble coming down the pike. So again, we're facing a lot of economic headwinds. Let me put it that way. But I have a lot of confidence in leadership that they're going to be able to get us through. Great stuff. Thank you so much for talking with us.