Ken Griffin

How do we increase investment?

How do we increase productivity?

And he's trying to play the same playbook again.

But what I think is being missed in this analysis

is the incredible amount of spending during the pandemic.

That three-year era of profligate spending, just out of control spending.

We need to deal with the reality that we need to pay that debt down.

And America did this after World War II, and America should be doing that again here today.

You need, and I know this sounds very almost fanciful, you need to get bipartisan agreement on the steps we're going to take to put our fiscal house in order.

And here's the big issue.

Politicians deferring some of these decisions means that the impact of future decisions will be so much more painful for the American people.

Like that's what we're really doing is we're not deferring some fixed amount of pain.

We're gonna cause far more pain 20 years down the road.

I mean, could you imagine today being in your 20s and you see Social Security come out of your paycheck each and every year

Okay, will the government safety net be there for you when it's your turn to retire?

That's a legitimate question, given the level of deficit spending we have today.

You know, I see my colleagues firsthand have to grapple with this problem over the last year.

I mean, all of us do in the money management business.

How do you create a portfolio when every single company that you invest in can have the terms of engagement changed by the stroke of a pen in Washington?

And this goes to, you know, you often hear business people say, just don't change the rules, all right?