Ryan M. Newhouse
๐ค SpeakerAppearances Over Time
Podcast Appearances
There's a claim in that thread that suggests that because the marginal tax rate is lower, Americans have more prosperity than ever.
It's just factually not true.
Lower taxes are good, as you're saying, Steve, and we should campaign on those things, but we're kidding ourselves if we don't acknowledge that while we've cut the tax rate since 1980, the dollar has lost three quarters of its value.
The median home now costs six times the median income of an American.
A new car in America eats up 70% of a household's yearly pay, and tuition for higher education has soared over 1,200%.
We've got a nation where two incomes barely buy what one used to, and a generation of young Americans who feel like they've been lied to.
And because of that, they're seeking an alternative playbook.
And that is why the rise of guys like Mamdani is occurring.
On those statistics?
I haven't received any.
I think when you look at the data, you can't really wrestle with it in a way that's legitimate.
I think the data is true.
It's factual.
And because of that, I haven't received a ton of pushback on specific data points.
I think you can go out and find them yourselves if you're interested.
Yeah, so I think, you know, what my generation wants is to stop measuring success the same way that corporate America measures success.
In the United States, we've been measuring success of our movement via GDP and stock prices.
Those things are good to an extent, but they're not sufficient.
We need to measure, for purposes of success, how many families are being formed.
Are they strong?