Mark Zuckerberg

And as we all know, look, we have a crushing fiscal deficit that obviously Doge is trying to chip away at. But no amount of spending cuts from Doge are going to completely balance the budget. So the only way we can balance the budget in the long run and start to chisel away at the debt is a combination of what Doge is doing in cutting spending. But we need to grow.

And as we all know, look, we have a crushing fiscal deficit that obviously Doge is trying to chip away at. But no amount of spending cuts from Doge are going to completely balance the budget. So the only way we can balance the budget in the long run and start to chisel away at the debt is a combination of what Doge is doing in cutting spending. But we need to grow.

And if we can incentivize saving over consuming, we can do that. We can achieve that. And it's going to take 10, 20 years for us to make good progress, but we can do it.

And if we can incentivize saving over consuming, we can do that. We can achieve that. And it's going to take 10, 20 years for us to make good progress, but we can do it.

I mean, as long as the uncertainty exists, that's what is causing the most heartache right now. But what I can tell you, Georgia, is that we're not talking about demand destruction. We're just talking about a timing event whereby demand gets pushed out of quarter or two.

I mean, as long as the uncertainty exists, that's what is causing the most heartache right now. But what I can tell you, Georgia, is that we're not talking about demand destruction. We're just talking about a timing event whereby demand gets pushed out of quarter or two.

So any of those growth initiatives that small businesses were thinking about putting in place this quarter, those moved to quarter two, quarter three, quarter four of this year. They still happen, but they just happen later. I would think that by Q3 of this year, you will start to see a big turnaround.

So any of those growth initiatives that small businesses were thinking about putting in place this quarter, those moved to quarter two, quarter three, quarter four of this year. They still happen, but they just happen later. I would think that by Q3 of this year, you will start to see a big turnaround.

I do think, Georgia, that getting the Trump tax cuts extended by somewhere around July 1st through 15th is incredibly important for consumers. If it doesn't happen by then, you've got back-to-school shopping season really about a few weeks after that, and you might see consumers pull back.

I do think, Georgia, that getting the Trump tax cuts extended by somewhere around July 1st through 15th is incredibly important for consumers. If it doesn't happen by then, you've got back-to-school shopping season really about a few weeks after that, and you might see consumers pull back.

So consumers need to feel like those Trump tax cuts are going to stay in place, that it's helping them, that tariffs have not raised the price of all the goods that they want to buy to astronomical levels. And when they see that, and I do believe it will be made clear by Q3 or so of this year, yes, I do think the economy can be on solid ground.

So consumers need to feel like those Trump tax cuts are going to stay in place, that it's helping them, that tariffs have not raised the price of all the goods that they want to buy to astronomical levels. And when they see that, and I do believe it will be made clear by Q3 or so of this year, yes, I do think the economy can be on solid ground.

Thanks, George. I appreciate it.

Thanks, George. I appreciate it.

Thank you, Georgia. I appreciate it. Looking forward to this.

Thank you, Georgia. I appreciate it. Looking forward to this.

Well, look, I think if you rewind back to Trump tariffs 1.0, fourth quarter of 2018, top to bottom, stocks fell about 19.9%. And right before they hit 20%, they started to reverse course. And then you fast forward to 2019, the S&P was up around 30%. So what I would say is that when you look at what's going on with tariffs,

Well, look, I think if you rewind back to Trump tariffs 1.0, fourth quarter of 2018, top to bottom, stocks fell about 19.9%. And right before they hit 20%, they started to reverse course. And then you fast forward to 2019, the S&P was up around 30%. So what I would say is that when you look at what's going on with tariffs,

obviously it's creating a lot of uncertainty which is causing a lot of fantastic stocks to pull back or sell off that's presenting good buying opportunities because when you look at policy uncertainty which is at its second highest level on record second to only the lockdowns of 2020

obviously it's creating a lot of uncertainty which is causing a lot of fantastic stocks to pull back or sell off that's presenting good buying opportunities because when you look at policy uncertainty which is at its second highest level on record second to only the lockdowns of 2020