Steven
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I want to know what the average man or woman in Dublin today lives like.
So do you think if we shrink the government, if we start to slash government spending, do you think that would improve living conditions?
So do you think if we shrink the government, if we start to slash government spending, do you think that would improve living conditions?
So do you think US living conditions will increase in the next few years because we have a US government now that's planning to slash the US government?
So do you think US living conditions will increase in the next few years because we have a US government now that's planning to slash the US government?
Do you think it would improve living conditions?
Do you think it would improve living conditions?
Because my sister can't pay the rent. Is that freedom? The... If you're living in a country. She can't afford to live in the city that she was born in. I agree. You and I agree on the problem. You keep bringing back to the problem. I keep bringing it back to people because the people who watch, we're millionaires, okay? The people who watch us are mostly not millionaires.
Because my sister can't pay the rent. Is that freedom? The... If you're living in a country. She can't afford to live in the city that she was born in. I agree. You and I agree on the problem. You keep bringing back to the problem. I keep bringing it back to people because the people who watch, we're millionaires, okay? The people who watch us are mostly not millionaires.
Is life going to get better for them?
Is life going to get better for them?
So let me ask on that then, the point about if you're connected to the most productive parts of the economy. I was quite...
So let me ask on that then, the point about if you're connected to the most productive parts of the economy. I was quite...
quite surprised when i was doing some research on this to find that there's quite big differences between the uk and the us in terms of gdp growth in q4 2024 the us economy grew by 0.6 percent while the uk growth was 0.1 percent so they're doing significantly better in that regard us gdp per head stands at eighty two thousand dollars per head whereas the uk stands at forty nine thousand dollars per head and stock market performance which is an indication of i guess whatever
quite surprised when i was doing some research on this to find that there's quite big differences between the uk and the us in terms of gdp growth in q4 2024 the us economy grew by 0.6 percent while the uk growth was 0.1 percent so they're doing significantly better in that regard us gdp per head stands at eighty two thousand dollars per head whereas the uk stands at forty nine thousand dollars per head and stock market performance which is an indication of i guess whatever
rose by 300% in the US, whereas the FTSE 100 declined by 20%, which is the UK stock market. Productivity growth since 2018, productivity increased by 30% in the United States, which has outpaced the UK. And lastly, income growth. Since 2007, American income per head has increased by 72%, while it has decreased by 2% in the UK in dollar terms.
rose by 300% in the US, whereas the FTSE 100 declined by 20%, which is the UK stock market. Productivity growth since 2018, productivity increased by 30% in the United States, which has outpaced the UK. And lastly, income growth. Since 2007, American income per head has increased by 72%, while it has decreased by 2% in the UK in dollar terms.
So they seem to be doing better from, if you just look at the economy... Why is that? Is that because they lean more into technology and to innovation and entrepreneurship? And is it because of the things you were saying earlier about their attitude towards the government, like reduced government spending versus tax the rich? Why?
So they seem to be doing better from, if you just look at the economy... Why is that? Is that because they lean more into technology and to innovation and entrepreneurship? And is it because of the things you were saying earlier about their attitude towards the government, like reduced government spending versus tax the rich? Why?
I'm keen to hear Gary's view on this because I understand yours because you've just said it.