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Tom Bilyeu

๐Ÿ‘ค Speaker
9304 total appearances

Appearances Over Time

Podcast Appearances

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

Like that would be absurdly long.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

So yeah, that it's wild.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

So, uh, there's no reason for that, but simplifying the tax code, which would be awesome.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

Um, isn't going to get people elected because we are constantly trying to do things for donors.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

Um,

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

Yeah.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

If we just said you got to balance the budget, like if you literally said you can't use more than three percent of GDP in debt.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

You'd be great.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

But no one's going to vote for it.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

So I think that there is a legitimate argument to be made about the discrepancy in pay with CEOs.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

I totally understand that argument.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

Let's talk about the way that the person gets paid is, I think, very important to look at.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

If their real compensation is coming from performance in the stock, then that at least is aligned with the public markets, which anybody can be a part of.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

Now, it creates its own distortions.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

And so trust me, I'm not saying that's a perfect solution.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

But the when people look at what's going on there, what they're witnessing is that you have a scarcity of people that can run these companies and make them more valuable to shareholders and an absolute glut of people that can do the lower level jobs.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

And so the people at the top have.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

negotiating power and the people at the bottom don't.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

And so that's where I want people to ask a question.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

Why don't the people at the bottom have negotiating power?