How Inflation Reduction Act Will Impact Businesses | Squawkbox

#economy #inflation #kevinoleary

Can the Inflation Reduction Act solve the issues the U.S economy are currently facing? I debate with former Congresswoman Donna Edwards about our stance towards this policy, and what's in store for business owners.

[Alex_Hart]

The fact she calls it a 'big win for Biden' and not American shows exactly what is going on in this minds

[Jessicatorres_]

"Having recently gained more knowledge about personal finance, I've subscribed to your channel. I want to commend everyone who's tirelessly working to earn a living while also building wealth during this recession. At 45, I'm retired, along with my 51-year-old husband, and we're debt-free. Our plan is to relocate to Thailand. Thanks to our frugal and financially savvy lifestyle, as well as our commitment to saving and investing in the financial market, we've been able to generate passive income even in this recessionary period, allowing us to sustain our desired lifestyle."

[threeacedan]

Kevin completely spot on. These politicians have no clue what they are doing and are crushing economic activity.

[jfk]

I love how you stood up to Donna. Most people in Washington have never owned a business or even had a real job. It's shouldn't be about politics. It should be what's good for the country.

[juliandevilliers]

Kevin is bang on here. He knows what’s up. Been in this game for many years and has actual success not perceived success like politicians claim.

[MrReyGuy]

We need more investors to speak up. Thank you Kevin

[AstonMartinDBS]

Kevin I hope you read this, I'm 19 and it is getting harder and harder to just live in the United States. The last 2 years have just crushed a lot of dreams of young people living on their own. There are so so so many kids I know that can't in their wildest dreams afford to live on their own because of the explosion of price in everything. These people are delusional. They have never started a business in their life, small business is what runs America, this administration is trying to punish them. Which brings down our economy and kills our standard of living. I trust your opinion Kevin, please keep speaking your mind transparently.

[AscenderPrime]

Kevin is the only one up there that should be talking.

[JAYRpv]

You can always tell who is the smartest person in the room, Kevin is the man

[JNKzti]

Thank you Kevin for calling out backward elitists like Donna. As someone who started a small business which has now grown rapidly to a mid-size small business, I feel a certain amount of indignation when capitalism and risk-taking is vilified by the inept politicians who regularly risk only their constituents' money.

[madelinebenjamin]

We need more people like Kevin to speak the truth !!!

[anthonyrussell]

Great content in your channel, Chris! I’m 53 and my wife and I reached $1M net worth in 2017, five years later it’s $2.4M. Our yearly salary is a little over $100K. My wife and I have invested in the s&p500, both through my TSP with the government and through fidelity in her 401-k. Cashed out 270k from the S&P and invested with a full service broker. We drive older cars, cook at home, eat leftovers, and have 2 in college. We saved for college and our boys help by working. They will graduate debt free.

[big_g]

Inflation needs to be reduced via supply side economics and a reduction of money printing. The key word is sustainable here. We need more people like Mr wonderful in office and around fiscal policy .

[cuddyb]

So we're going to spend $700b to solve the inflation problem....? You have to respect the audacity to name a bill with $700 Billion of new spending the "inflation reduction feel like we are getting ready for another real estate crash so nervous to own more than one home now although i have had mixed feelings on how to maximize my savings/retirement fund of about $2.3M which has been sitting duck since forever with zero to no gains.

[TheBigWrist]

I can think of 527 people the IRS needs to audit immediately. Every elected official in D.C.

[nathanmeredith]

So the first thing that Lady) said I need to point out to everybody, “this was a big victory for Biden and his administration”, not a big victory for the people of America please realize this and realize what you voted for if indeed you voted for Biden this is what you get. Not one word about what it will do for the American people amazing and the leftist eat this stuff up.

[LoganWilsonVlogs]

Its scary how these people believe its actually a good bill. You can tell they just force kevins idea out of their mind. They never respond to it, their “response” is always a completely different topic or running around a solid answer. Yet they make the decisions that change our lives

[andrewcleverly]

MOST OF US ARE A PAYCHECK AWAY FROM BEING HOMELESS, LEARN TO INVEST AND KEEP INVESTING UNTIL IT BECOMES A HABIT.

[gaiagorgeous]

I've been kinda unsure about the market due to it's usual volatility, at the same time feels it's the right time to make profit because of the price decreases, heard someone speaking of making over $200k from from passive income investments with a starting capital of 90k since the recession happened and I'm driven to ask what techniques/skillset is needed to achieve this.

[dawson]

I would trust Mr. Wonderful over this lady any day.