Kevin O’Leary: Sorry, but this is just reality

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  • čas přidán 17. 05. 2024
  • 'Shark Tank' investor Kevin O'Leary weighs in on the Fed's upcoming meeting amid higher-than-expected inflation on 'The Evening Edit.' #foxbusiness #theeveningedit
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Komentáře • 1K

  • @tommychestnut5335
    @tommychestnut5335 Před 7 dny +479

    Concerns about a potential recession and the current hyperinflation have left me uneasy. I'm unsure about my $440K portfolio strategy, considering the uncertainty of a recession and the possibility that interest rates may not rise significantly

    • @Natalieneptune469
      @Natalieneptune469 Před 7 dny +5

      I completely understand your concerns. But In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.

    • @traviswes7082
      @traviswes7082 Před 7 dny +5

      I agree. This is why having the right plan is invaluable, my $510k portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a more figures ballpark goal this 2024

    • @PhilipMurray251
      @PhilipMurray251 Před 7 dny +3

      I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you

    • @traviswes7082
      @traviswes7082 Před 7 dny

      I personally work with ''Kathleen Cheryl Constantz''. she covers areas such as brokerage, financial advisory services, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. She is well known so it shouldn't be hard to find her webpage on the net.

    • @traviswes7082
      @traviswes7082 Před 7 dny +5

      Kathleen Cheryl Constantz is the CFP I use. Look up the name on the web.

  • @benitabussell5053
    @benitabussell5053 Před 8 dny +553

    I'm mostly in cash and waiting for this market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $350k?

    • @Debbie.Burton
      @Debbie.Burton Před 8 dny +2

      from my study, 90% of the time in an election year, the stock market stays positive for quite a long time. 2024 is no exemption, but it is better to be guided, ideally by a well experienced and licensed advisor

    • @judynewsom1902
      @judynewsom1902 Před 8 dny +2

      Agreed, I just use CZcams for research purposes, I run all my major investment through an investment adviser, the market is just too unstable to handle things on your own. I have consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains in close to a decade of having one

    • @Theresaa12
      @Theresaa12 Před 8 dny

      How do I reach out to a financial advisor, my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.

    • @Theresaa12
      @Theresaa12 Před 8 dny +2

      How do I reach out to a financial advisor, my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.

    • @judynewsom1902
      @judynewsom1902 Před 8 dny +1

      *Sharon Lynne Hart* is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment

  • @Lewyn298
    @Lewyn298 Před 8 dny +302

    Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.

    • @ApBurger3532
      @ApBurger3532 Před 8 dny +2

      Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.

    • @thelooseseal
      @thelooseseal Před 8 dny +3

      Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.

    • @game46632
      @game46632 Před 8 dny +1

      Could you kindly elaborate on the advisor's background and qualifications?

    • @thelooseseal
      @thelooseseal Před 8 dny +5

      Kristin Amber Landis. She's well established in that area. Look name up

    • @game46632
      @game46632 Před 8 dny +3

      I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

  • @EthanMaloney-qp4lh
    @EthanMaloney-qp4lh Před 4 dny +710

    I just want my money to keep outgrowing the inflation rate. That’s why I'm looking for companies now to put in $80k for a start. Just don't know strategies to employ in buying stocks to invest in

    • @WestonScally7614
      @WestonScally7614 Před 4 dny +6

      The rules are simple. Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter. Pulled in more than $46k in the last two months alone.

    • @SageMadsen
      @SageMadsen Před 4 dny +5

      I agree with you. This is what I do too. I'm not cut out for financial reports and industry news, so I use a wealth manager. Profits have been very consistent since 2020. i've pulled in roughly $1M in ROI since then

    • @Redwood4040
      @Redwood4040 Před 4 dny +5

      Hey, I've been thinking about switching but have been hesitant. Could you recommend your financial advisor? I'd appreciate some assistance.

    • @SageMadsen
      @SageMadsen Před 4 dny

      *Jennifer Leigh Hickman* She's been able to gain some reputation with over a decade of experience, so it shouldn't be a hassle to find basic information on the web.

    • @SageMadsen
      @SageMadsen Před 4 dny

      *Jennifer Leigh Hickman* You can easily look her up, she has years of financiaI market experience.

  • @dawsondanny990
    @dawsondanny990 Před 14 dny +293

    The average person has never been so poor. Millions of families are struggling financially as living expenses hit the highest levels in more than four decades. Over 60% of our country lives paycheck to paycheck and about 40% earns poverty wages. Even after working all their lives, more than a quarter of older people have no savings and many believe they will never be able to retire in dignity, while around 55% of elderly people try to survive on an income of less than 25,000 a year.

    • @rannyorton
      @rannyorton Před 14 dny +2

      Biden is worst thing that happened to us

    • @belljoe
      @belljoe Před 14 dny +2

      TRUMP 2024

    • @smithlenn
      @smithlenn Před 14 dny +2

      Given the prevailing market conditions and the potential risks associated with the current economy, I would recommend refraining from investing in stocks for now. Instead, it would be prudent to consider retaining a portion of your assets in gold. Alternatively, seeking advice from a financial advisor could provide valuable guidance in this matter.

    • @rannyorton
      @rannyorton Před 14 dny +1

      Fantastic! Can you share more details?

    • @smithlenn
      @smithlenn Před 14 dny +1

      was guided tho..Julia Hope Marble. walked me through the ropes majestically i'ts my ultimate pleasure.

  • @ericmendels
    @ericmendels Před 8 dny +617

    Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

    • @RusuSilva
      @RusuSilva Před 8 dny +3

      With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

    • @FusunTumsavas-cq7tp
      @FusunTumsavas-cq7tp Před 8 dny +3

      With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

    • @RossiPopa
      @RossiPopa Před 8 dny +1

      this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

    • @FusunTumsavas-cq7tp
      @FusunTumsavas-cq7tp Před 8 dny +3

      Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @RossiPopa
      @RossiPopa Před 8 dny +1

      I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

  • @sqb2316
    @sqb2316 Před 16 dny +423

    Don't raise taxes.
    Cut spending.

    • @AmeriGlobal
      @AmeriGlobal Před 16 dny +16

      Sounds great. We can start to reduce social security and medicare, global policing, and corporate welfare.

    • @wa210
      @wa210 Před 16 dny

      ​@@AmeriGlobal says the 2 month ytube account. No way vlad, you and your 1% er's red party won't be cutting my SS and Medicare that I paid into for over 40 years.
      FYI...all those in your cult barely squeak by on SS and Medicare. Too bad their votes can be bought by the rich guys, that then want to cut them out and really force them into vans down by the river.

    • @MsPokey1234
      @MsPokey1234 Před 16 dny

      These moron's tell us SS will go broke! Close the 750 Military Bases around World first & STOP all foreign aid!

    • @markbarsh3107
      @markbarsh3107 Před 16 dny +28

      ​@@AmeriGlobalno cuts for the people but cut governments wasteless spending reduce the size of government that will fix the problem

    • @Mistro07
      @Mistro07 Před 16 dny +7

      @@markbarsh3107”reduce the size of government”, what do you think Medicare and social security is? It’s the largest expenditure the government has, if you want to cut your bills, you start with the largest bill

  • @osu122975
    @osu122975 Před 16 dny +168

    I agree 100% Kevin. Interest rates not going down. Biden admin no clue on good economics.

    • @ShineDawg
      @ShineDawg Před 16 dny

      kevin spitting facts

    • @peacelovejoyandhappiness
      @peacelovejoyandhappiness Před 16 dny

      We’re screwed. The young generation, ‘Poor Things.’ If I didn’t buy my first house at age 20 in 1996, I’d be in big trouble today. This economy makes it almost impossible for everyone. I’ve been eating rice and beans pretty much my entire life. I guess I can continue to eat more rice and beans. Whatcha gonna do? A whole lot of nothing! 😂😮🎉❤🎉❤🎉❤

    • @mustangracer5124
      @mustangracer5124 Před 16 dny +8

      They are not 'dumb'.. they know full well what they are doing, they are getting stinky rich driving us into the poor house.

    • @peacelovejoyandhappiness
      @peacelovejoyandhappiness Před 16 dny

      @@mustangracer5124 Hi there, I never thought of it that way. Yes, you are correct. I hope you have a blessed day @mustangracer5124. Bye for now.

    • @supreme5998
      @supreme5998 Před 16 dny

      The Biden administration is not in charge of interest rates

  • @Owenra
    @Owenra Před 16 dny +619

    The upcoming meeting is making investors shiver, especially in the stock market, no one knows for sure what' it will mean for inflation. Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.

    • @Vivienedouglass
      @Vivienedouglass Před 16 dny +2

      If you're not well-versed in market investment strategies, it's wise to seek guidance from a financial advisor.

    • @kurtKking
      @kurtKking Před 16 dny +1

      Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.

    • @victoriaabott
      @victoriaabott Před 16 dny +1

      I could really use the expertise of this advsors.

    • @kurtKking
      @kurtKking Před 9 dny +1

      MICHELE KATHERINE SINGH is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @victoriaabott
      @victoriaabott Před 9 dny

      Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

  • @worldlife9834
    @worldlife9834 Před 16 dny +192

    Third of all, Google, Apple and other technology companies must be brought to justice for censorship.

    • @mustangracer5124
      @mustangracer5124 Před 16 dny +9

      WHOM... will do that?.. the entire 'system' is bought and paid for.

    • @Rorschachqp
      @Rorschachqp Před 16 dny +7

      They need to be subjected to anti-trust laws.

    • @doreanabland1296
      @doreanabland1296 Před 16 dny +1

      Microsoft is building 65 new data centers to store our information in Virginia… 🕵️‍♂️👀

    • @bigbubba4314
      @bigbubba4314 Před 16 dny +9

      By the same administration that told them to do it, and who to censor? Good luck with that.

    • @bigbubba4314
      @bigbubba4314 Před 16 dny

      @@doreanabland1296think of all the jobs at the offshore server factories!

  • @chrissmurrayy
    @chrissmurrayy Před 16 dny +238

    The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

    • @wellsHannahh
      @wellsHannahh Před 16 dny +4

      I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.

    • @eastwood224
      @eastwood224 Před 16 dny +2

      Investing is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds.

    • @kurttSchuster
      @kurttSchuster Před 16 dny +2

      I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

    • @Mcllwain
      @Mcllwain Před 16 dny

      I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

    • @July.4.1776
      @July.4.1776 Před 15 dny +2

      Recently a credit union near us advertised a 6% CD for 12 months.

  • @gregabbott4057
    @gregabbott4057 Před 16 dny +251

    This Democratic administration needs to Walk a very short Plank in very deep water.

    • @firepilot109
      @firepilot109 Před 16 dny

      Well worded cause if you say anything more neg the #%*@$ at youtube will put you in time out. They are a bunch of Democratic #%#^ that work there!! I'll probably get put back into timeout for using #%#$@ to describe them. FJB

    • @glennmandigo6069
      @glennmandigo6069 Před 16 dny +15

      Filled with sharks

    • @Shiekyobooty
      @Shiekyobooty Před 16 dny +2

      LOCK HIM UP 😅 LITTLE MUSHROOM

    • @firepilot109
      @firepilot109 Před 16 dny +5

      FJB

    • @jerroldrieger5345
      @jerroldrieger5345 Před 16 dny

      With higher prices for everything we are also paying higher taxes sounds like the reason for the Revolutionary War since the democrats are not a reflection of most American citizens they are for themselves their Party and the billionaires that support their nonsense, we are heading the way Greece went,the EU bailed them out as we bailed them and the rest of the world out who is going to bail America out...

  • @jamesgalbraith1742
    @jamesgalbraith1742 Před 16 dny +162

    Let’s make federal income tax illegal and let’s make that permanent

    • @juewang8588
      @juewang8588 Před 16 dny +12

      Without fedefral income tax, how do we give welfare and subsidies to bilionnaires and trillion-dollar companies?

    • @oliphauntsneverlie6227
      @oliphauntsneverlie6227 Před 16 dny +1

      @@juewang8588 No one gets any including you bottom rung welfare consumers.

    • @stanleyclark923
      @stanleyclark923 Před 16 dny

      @@juewang8588 The same way we fund foreign countries, borrow it from China. Jokes aside, if we stopped taxing the hell out of everyone we wouldn't need to give welfare to big businesses.

    • @nickgreek6449
      @nickgreek6449 Před 16 dny +5

      WE NEED money for services. I would gladly pay a 10% of my income and believe me if that was spent wisely , it would go much further that all the money we pay now.

    • @Shiekyobooty
      @Shiekyobooty Před 16 dny

      @juewang8588
      Him a trailer park capitalist

  • @jim1125-cv6yg
    @jim1125-cv6yg Před 16 dny +36

    Wonder how people would feel if they were mandatory taught economics in school?

    • @adiintel1
      @adiintel1 Před 16 dny +3

      If they taught people economics at school there would be bank runs the next day. Or following week.

    • @phoenix5054
      @phoenix5054 Před 16 dny

      But that is less time to know that the mirochondria is the powerhouse of the cell.

    • @sandiscales1963
      @sandiscales1963 Před 16 dny

      Should be taught in school.

    • @TheWalamala
      @TheWalamala Před 15 dny

      but that would cut into the crucial time of teaching how to find the slope of parabolas

  • @joe1940
    @joe1940 Před 16 dny +105

    The US has been in a recession for a while and we're on our way to a full blown economic collapse. This country has $35 trillion in national debt, there's no way to fix this.

    • @AnimeTrackstar
      @AnimeTrackstar Před 16 dny

      joe you are not that smart are? we are not in a recession. 35 trillion in debt yes 7 trillion added by your dictator wanna be traitor trumps tax cut for the rich. a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. Real gross domestic product (GDP) increased at an annual rate of 1.6 percent in the first quarter of 2024, according to the “advance” estimate. In the fourth quarter of 2023, real GDP increased 3.4 percent. So just further evidence of your utter stupidity

    • @andyreiswig9472
      @andyreiswig9472 Před 16 dny +9

      👍 very true

    • @wa210
      @wa210 Před 16 dny +10

      That 20 year fling with iraq and afghanistan started by the red party only cost us $3.3 TRILLION, but at least some got rich.

    • @jamesbills5998
      @jamesbills5998 Před 16 dny +4

      Exactly correct ! Kevin's take on the economy Is smoke and mirrors at best !

    • @michaelfrancis4736
      @michaelfrancis4736 Před 16 dny +6

      As the US has the reserve currency and the USD hasn’t been attached to Gold for decades - the US can print money and not generate the inflation that other countries suffer from as they print money. The amount of QE the US has done if any other country did it - you would need a barrow of cash to buy a coffee

  • @Siacourage
    @Siacourage Před 16 dny +31

    Congress just approved a $95bn foreign aid package to Ukraine, Israel, and Taiwan. That money has to come from somewhere. Don't expect tax cuts any time soon.

    • @Ap_twsh
      @Ap_twsh Před 16 dny

      That’s how we become communist faster.

  • @goodcitizen
    @goodcitizen Před 16 dny +49

    Trump 2024, drill baby drill. My neighbors who are democrats are no longer going to borrow my ladder or my garden hose or my lawn mower...I'm over this mess that the current administration has caused.I thought at 65 years old and retired I could finally start to relax and not have to worry about my economic future.

    • @wa210
      @wa210 Před 16 dny +3

      You really don't have a clue do you? The USA is still one of the top energy producers in the world. Big oil is holding down going hog wild with drilling, and far cheaper to drill in places like Guyana and ship it back to US than drill here. Plus we are saving our oil supplies, and using up other countries oil.
      As for lacking the funds to retire, your fault, not any Presidents fault including don the CON.

    • @lawsonhill1356
      @lawsonhill1356 Před 16 dny

      @@wa210shut up clown

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny

      The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS.

    • @crubeo22
      @crubeo22 Před 16 dny +2

      ⁠@@wa210the oil you are referring to is not as high a quality. In fact it takes more energy to refine it to our standards. Most of our supply has been lessened due to this regime!!

    • @rossjensen6230
      @rossjensen6230 Před 16 dny

      We’re already drilling idiot.

  • @paule8536
    @paule8536 Před 16 dny +31

    Factor in food and fuel. The two things people buy everyday and inflation is closer to 25%

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny

      NEWSFLASH: Inflation is caused by COMPANIES RAISING PRICES. Government has nothing to do with it. If it tried to do so you people would be screaming SOCIALISM!

    • @HH-le1vi
      @HH-le1vi Před 16 dny

      There's already a metric for that. It's called headline inflation

    • @kylewatson5133
      @kylewatson5133 Před 16 dny +4

      Every single restaurant I go to, my bill is now 100% more than 2022 for the same menu items.

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny

      @@kylewatson5133 Shop at a Supermarket that has a rewards/BOGO program, cook and eat at home. We do all the time and have managed to CUT our monthly food bills. At restaurants a LARGE part of the Bill is the staff costs. Be your own "staff". :)

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny

      @@kylewatson5133 Eat at home.

  • @valkry007
    @valkry007 Před 16 dny +9

    Printing TRILLIONS of dollars making our money worth less and less and then raising taxes !
    ENSLAVEMENT through INFLATION and TAXATION !

  • @globalfunseeker6733
    @globalfunseeker6733 Před 16 dny +7

    When the government is overspending $500 billion a month, how can anyone expect lower rates or inflation?

  • @joshtainter6852
    @joshtainter6852 Před 16 dny +9

    We’re so screwed, most just don’t realize it yet

    • @normanewman3002
      @normanewman3002 Před 16 dny +2

      I agree,too many in this country have no idea of what's coming.May God have Mercy on us.

  • @worldlife9834
    @worldlife9834 Před 16 dny +60

    Second of all, Government lies must stop. Our economy is currently in horrible shape. Millions of retail jobs have disappeared.

    • @wa210
      @wa210 Před 16 dny

      Wake up. Problem is the USA became a retail economy years ago, because red party politicians allowed corporate Anerica to ship our manufacturing jobs overseas.

    • @mikenadeau4576
      @mikenadeau4576 Před 16 dny +3

      Break up Amazon

    • @joeschneider3894
      @joeschneider3894 Před 16 dny

      @@mikenadeau4576Why?

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny

      Yeah...terrible. Highest EMPLOYMENT RATE in 60 years. Inflation at 3.3%. The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS.

    • @worldlife9834
      @worldlife9834 Před 16 dny

      @@TrumpIsGoingToPrison Only brainwashed people believe propaganda. Keep spreading disinformation.

  • @michaelmahoney9079
    @michaelmahoney9079 Před 16 dny +16

    Corporations moving off shore? Isn't that what Obama wants?

    • @ksm273
      @ksm273 Před 16 dny

      Obama sold America to China.

  • @JoeVinson
    @JoeVinson Před 16 dny +3

    Should Americans be paying taxes just for the government to hand that money to Criminal invaders?

  • @July.4.1776
    @July.4.1776 Před 16 dny +12

    Interest rates are more likely to go up vs down at this point.

    • @Bootyeater999
      @Bootyeater999 Před 16 dny

      Exactly 😂 why did anyone think differently?

  • @silentminority2342
    @silentminority2342 Před 16 dny +102

    FJB

    • @wa210
      @wa210 Před 16 dny

      Fdonthecon

    • @heaven-is-real
      @heaven-is-real Před 16 dny

      jb is trying to F us over...stop the tax and spend

    • @heaven-is-real
      @heaven-is-real Před 16 dny

      @@wa210 the real actual con is joe biden telling us the economy is great while taxing and spending like a wild man (don is not the con joe biden is the con)

  • @inboxnews
    @inboxnews Před 16 dny +47

    Why raise taxes ever? Tax restricts growth.

    • @oliphauntsneverlie6227
      @oliphauntsneverlie6227 Před 16 dny

      Yes but the gov't uses it to buy votes.

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny

      Trump's Tax Cuts jacked the National Debt UP by 20%.

    • @inboxnews
      @inboxnews Před 16 dny +3

      @@TrumpIsGoingToPrison No. Runaway government spending increases the national debt. Your comment makes no sense.

    • @practicaliching2311
      @practicaliching2311 Před 16 dny

      ​@TrumpIsGoingToPrison That's not true and ignores covid to make a false narrative.
      From the heritage foundation.....
      "But the numbers tell a different story. Despite the political rhetoric, tax revenues are up.
      Adjusting the forecasts to actual 2022 dollars, prior to the tax cuts the government projected $40.7 trillion of income tax, corporate tax, and payroll tax revenues between 2018 and 2027. The latest budget forecasts project $41.3 trillion of revenues for that period. Instead of reducing revenues by $1.5 trillion, the latest forecasts suggest tax revenues will come in $570 billion higher than expected.
      What about the corporate tax cuts? Surely cutting the corporate tax rate from 35% to 21% must have dramatically reduced corporate tax revenue?
      Not according to the government budget numbers.
      The government now expects to bring in $3.8 trillion in corporate tax revenues between 2018 and 2027, almost identical to the $3.9 trillion forecasted prior to the tax cuts. Moreover, since taxes don’t exist in a vacuum-and the corporate tax reform propelled higher income growth and therefore higher income taxes and payroll taxes-the corporate tax reform likely paid for itself."

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny

      @@inboxnews Yeah...terrible. Highest EMPLOYMENT RATE in 60 years. Inflation at 3.3%. The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS. Trump' Tax Cuts RAISED the National Debt by 20%

  • @jacquelinekraynek6300
    @jacquelinekraynek6300 Před 16 dny +146

    Vote Trump ! This administration is disgusting

    • @1952Paper
      @1952Paper Před 16 dny

      Trump is not the answer but a major part of problem we are in. The only thing that save this country is a mandatory balanced budget. Tax cuts with no spending reductions is why we are where we are.

    • @matthewm9261
      @matthewm9261 Před 16 dny +3

      Trump needs to balance the budget or even run a surplus

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny +1

      Please vote for the guy with 81 years of experience behind him and not the guy with 91 felony counts in front of him.

    • @joeschneider3894
      @joeschneider3894 Před 16 dny +5

      @@TrumpIsGoingToPrisonNo thanks

    • @g_pazzini
      @g_pazzini Před 16 dny

      both are nono

  • @gilbertferguson1685
    @gilbertferguson1685 Před 16 dny +7

    Mr Wonderful tells it like it is. More pain in store for the middle class.

  • @fjj1776
    @fjj1776 Před 16 dny +176

    Will people stop saying Biden. Biden doesn’t know how to feed himself, it isn’t Biden.

    • @dieterhauer8619
      @dieterhauer8619 Před 16 dny +29

      Sorry but his horrible policies, high taxes, extreme deficit spending, insane illegal immigration & wars are indeed causing serious problems.

    • @gm-zz8so
      @gm-zz8so Před 16 dny +30

      Obama....and his retreads

    • @SMaamri78
      @SMaamri78 Před 16 dny

      @@dieterhauer8619. What he/she means is that Biden isn’t calling the shots. He’s too mentally incompetent. Someone behind the curtain, probably Obama, is actually doing this.

    • @mustangracer5124
      @mustangracer5124 Před 16 dny +11

      The clown could stop it in a heartbeat though.

    • @oltorftheviking
      @oltorftheviking Před 16 dny +10

      @@mustangracer5124 stop what - he thinks he’s in a bus stop eating ice cream

  • @jrobbins8058
    @jrobbins8058 Před 16 dny +25

    If anything they should raise rates 3 more times this year.

  • @jamesgalbraith1742
    @jamesgalbraith1742 Před 16 dny +42

    We should make federal income tax illegal

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny

      How do you pay for Infrastructure, the Military, etc.?

    • @kaspar_1982
      @kaspar_1982 Před 16 dny +3

      @@TrumpIsGoingToPrison Prior to the 16th amendment to the constitution in 1913 there was no income tax. the US federal government funded itself primarily through excise taxes, tariffs and various customs duties. Public land sales also acted as a source of funding.

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny

      @@kaspar_1982 And then we had a World War to be financed.

    • @kylewatson5133
      @kylewatson5133 Před 16 dny +2

      @@TrumpIsGoingToPrison This is like, well if my uncle didn't come in and touch me at night then how would I ever get laid? Absolute brain washed response to taxation.

    • @user-sn6we8nj5x
      @user-sn6we8nj5x Před 16 dny

      Or at least reduce it, and cut spending and proclaim that US are not responsible for Ukraine, Europe, Israel and Taiwan. In this way America could become #1 again in

  • @July.4.1776
    @July.4.1776 Před 16 dny +15

    America needs a balanced budget and to amortize the national debt.

  • @Honey-vz1qq
    @Honey-vz1qq Před 16 dny +4

    The man knows what he's talking about. We need him in our government influencing policy. Much respect.

  • @edlo8099
    @edlo8099 Před 16 dny +27

    We're not in the middle when it comes to tax rates.
    We are too high now!

  • @ps603
    @ps603 Před 16 dny +26

    What has the federal government done for the American People lately? NOTHING..

    • @pete5691
      @pete5691 Před 16 dny

      I don’t care what the American government does for Americans, we need to keep giving money to Israel.

    • @stanleyclark923
      @stanleyclark923 Před 16 dny

      @@pete5691 How much of that 35 trillion is Israel going to repay?

    • @leos3003
      @leos3003 Před 16 dny

      What are you talking about??? Who brought hundred of 999,999,999 illegal lethal gang members from South America to run your cities. Who canceled police protection and criminalized gun ownership??? Who imported Muslims in never before seen numbers knowing what will happen by example of Europe. And you say your president has done nothing for you. How dare you????

  • @russlea6383
    @russlea6383 Před 16 dny +4

    Never apologize for pointing out reality.

  • @Highflite20
    @Highflite20 Před 16 dny +2

    Can you imagine Kevin as VP? 2 successful business men to make America great again! 🇺🇸🇺🇸🇺🇸

  • @carefulconsumer8682
    @carefulconsumer8682 Před 16 dny +4

    Just what we need is higher taxes on top of the 20% inflation of food, rent, housing, etc.

  • @user-di9id5nh1p
    @user-di9id5nh1p Před 16 dny +15

    Rates should be higher

    • @kenp247
      @kenp247 Před 16 dny

      You can send more money in , no problem. 😂

    • @Bootyeater999
      @Bootyeater999 Před 16 dny

      @@kenp247talking about interest rates dummy. 🤡

  • @sstjacques
    @sstjacques Před 16 dny +30

    Kevin is smart, he should run for president someday. We need business people in office like Trump or O'Leary, not career politicians.

    • @wa210
      @wa210 Před 16 dny

      Lol...the two clowns you mention haven't a clue how to run businesses.

    • @deerhunter7482
      @deerhunter7482 Před 16 dny +2

      He’s Canadian,can’t run!

    • @rob16797
      @rob16797 Před 16 dny

      Your guy literly did nothing in office never built the wall never put HRC in Jail spent more time on vacation then any other Presisdent but WOOOOOOOOO he did some stuff right?.... No more like he just makes you feel good but you have no idea about what your talking about or anything he did.

    • @EdA-qh7qr
      @EdA-qh7qr Před 16 dny +3

      ​@@deerhunter7482Obama did and he was born in Kenya

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny +1

      Trump's Tax Cuts jacked the National Debt UP by 20%.

  • @Fritz0616
    @Fritz0616 Před 16 dny +4

    We are in a Depression. Get your houses in order!

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny

      Yeah...terrible. Highest EMPLOYMENT RATE in 60 years. Inflation at 3.3%. The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS.

    • @kylewatson5133
      @kylewatson5133 Před 16 dny +1

      No one can afford a house to get in order.

    • @Fritz0616
      @Fritz0616 Před 16 dny

      @@kylewatson5133 -This statement means get your priorities right..

  • @BrianBourne-hb1gx
    @BrianBourne-hb1gx Před 16 dny +12

    I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.

    • @DominiqueAltizer
      @DominiqueAltizer Před 16 dny

      Hello how do you make such weekly??I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.

    • @BrianBourne-hb1gx
      @BrianBourne-hb1gx Před 16 dny

      Thanks to my co-worker(Alex) who suggested mrs Elizabeth Ann Graney

    • @BrianBourne-hb1gx
      @BrianBourne-hb1gx Před 16 dny

      She's a licenced broker in the States 🇺🇸

    • @TreyStarkey434
      @TreyStarkey434 Před 16 dny +1

      Wow! Kind of in shock you mentioned expert, elizabeth ann graney.What a coincidence!!!😲

    • @SuaraCheng
      @SuaraCheng Před 16 dny

      Elizabeth Ann has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of life's

  • @AngusBeef0
    @AngusBeef0 Před 16 dny +4

    0% tax bracket for $0-$25,000 .... not that difficult to help out those who could use it most with extra $1250 of money they earned.

    • @The00Dude
      @The00Dude Před 16 dny

      LOOK UP THE TAX TABLE FOOL

  • @buddyhell7100
    @buddyhell7100 Před 16 dny +8

    Mr Wonderful is the only man on MSM who talks financial sense.

  • @vausa1000
    @vausa1000 Před 5 dny

    Thanks Sir O'Leary, you made me realize how important is a smile.

  • @jkarnes45
    @jkarnes45 Před 16 dny +1

    It's extremely troubling that half of this country doesn't seem to know what life in a dictatorship would be like. Even more terrifying to think that they do and still want it.

  • @SuperVinh1990
    @SuperVinh1990 Před 16 dny +20

    The FED only cuts rate when inflation drops to 2%, OR something BREAKS

  • @mattatuckmanful
    @mattatuckmanful Před 16 dny +10

    Only the media and people drinking the kool aid ever thought there would be rate cuts…

  • @paulbunyon6324
    @paulbunyon6324 Před 11 dny +1

    Since when is "raising taxes" good rhetoric when going into an election? WTF

  • @easyyog1185
    @easyyog1185 Před 16 dny +3

    Always Well Said. What are growth numbers? Our Orders are down 75 percent.
    some basic management and finance classes for these folks. clean up the waste, and debt.

  • @tinaorr2723
    @tinaorr2723 Před 16 dny +24

    More taxes is better for an election? How???

    • @thedoggiehumansquad9478
      @thedoggiehumansquad9478 Před 16 dny +2

      Tax the rich rhetoric.

    • @fyrman9092
      @fyrman9092 Před 16 dny

      Usually before an election, they talk of ways to put money into the voters pocket, not take it out. Each to their own and political suicide.

    • @Ap_twsh
      @Ap_twsh Před 16 dny

      It’s easier for when the communist take over.

  • @CAStone-kq4md
    @CAStone-kq4md Před 16 dny +4

    Shut up Watch Boy !
    We Haven’t forgotten about FTX .

  • @robertdietz1732
    @robertdietz1732 Před 16 dny +2

    Kevin is right and the small businesses of 500 people need to be protected. Their profits and price gouging need to continue for people like him so they can keep bleeding their customers dry while making millions personally.

    • @TheNoticer83
      @TheNoticer83 Před 16 dny

      So it's the small business doing the "gouging" while the corporations aren't? Have you been smoking crack? Of course you have

  • @EdA-qh7qr
    @EdA-qh7qr Před 16 dny +2

    We need to get a real president back in the white house to get inflation under control

  • @waiotahi52
    @waiotahi52 Před 16 dny +4

    Speaking of privilege
    The NY judge has given Trump the day off to go to Barron's graduation.
    Barron is appealing the decision

  • @NUKEzx10r
    @NUKEzx10r Před 16 dny +4

    I'm surrounded by idiots.

  • @caitlincaitlin4703
    @caitlincaitlin4703 Před 16 dny +2

    there's a hell of a lot more taxes than just the income tax. many hidden taxes built into the products and services.

  • @yoyomawh4091
    @yoyomawh4091 Před 16 dny +2

    Truth through light 💡

  • @lloydkuepfer1599
    @lloydkuepfer1599 Před 16 dny +3

    And out of control spending

  • @eugeniopannozzo4217
    @eugeniopannozzo4217 Před 16 dny +62

    Maga trump 2024

    • @wa210
      @wa210 Před 16 dny

      Fdonthecon and so called mr. Wonderful.

    • @paulmoss7940
      @paulmoss7940 Před 16 dny +1

      @@wa210 and you.

  • @bradart7289
    @bradart7289 Před 16 dny +2

    So why doesn't the Administration have this information ??

  • @johnellis7717
    @johnellis7717 Před 16 dny +2

    Here's a noble idea everybody quit playing their freaking taxes that might get their attention

  • @markefulton
    @markefulton Před 10 dny

    Mr. O'Leary brings a very pragmatic and objective viewpoint to the show. He is correct in that we're about to face some very serious consequences for the missteps of these past few years.

  • @sarahlisawall5666
    @sarahlisawall5666 Před 16 dny +3

    MISSED A RECESSION KEVIN????….WE ARE IN A SILENT DEPRESSION….WAKE UP

    • @The00Dude
      @The00Dude Před 16 dny

      Cry harder, because the stock market says we are not

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny

      Yeah...terrible. Highest EMPLOYMENT RATE in 60 years. Inflation at 3.3%. The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS.

    • @joeerickson1967
      @joeerickson1967 Před 16 dny

      If you learn a little bit about economics, you would learn that we are not in either.

  • @DexterHaven
    @DexterHaven Před 16 dny +5

    Is FTX still paying O'Leary millions for his 'opinion'?
    How about bitcoin ETF sellers?
    This guy has no credibility left after his sellout on FTX. Find someone who can't be bought!

    • @wa210
      @wa210 Před 16 dny +1

      🎯🎯🎯🎯🎯

    • @kylewatson5133
      @kylewatson5133 Před 16 dny +2

      Yes it's a bit insane how sociopaths can just shrug off destroying other people. Any normal person would retire in shame but not O'Leary.

  • @donkellar9816
    @donkellar9816 Před 16 dny +2

    Do away with the Federal reserve

  • @Gabber44906
    @Gabber44906 Před 16 dny +2

    We've missed a recession? OMG WRONG!

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny

      Yeah...terrible. Highest EMPLOYMENT RATE in 60 years. Inflation at 3.3%. The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS.

    • @joeerickson1967
      @joeerickson1967 Před 16 dny +1

      We are not in a recession based on the historical definition of it. If you want to change what indicators we use to measure the economy, then we can be in whatever you want.

  • @davidbross6942
    @davidbross6942 Před 16 dny +3

    The forgotten year
    In 2023, Republicans kept asking, “Are you better off now, than you were four years ago.” You know, back in 2019.
    Now, in 2024, the renowned Republican economist, Larry Kudlow, is asking, “Are you better off now than you were five years ago.” Again, that would be 2019. Well, what happened to 2020?
    Trump was President in 2020. So why do Republicans keep avoiding mentioning that year? Several reasons: It was the year of the Pandemic. And it was the year 8,000,000 people lost their jobs in the US. It was also the year that the seeds of inflation were planted.
    So, I ask you, were you better off in 2020 than you are now? The Republicans certainly don’t think so.

    • @mfine6726
      @mfine6726 Před 16 dny +2

      Correct we don’t think you are worse off now then you were during a black swan event largely outside of our control

    • @RWZiggy
      @RWZiggy Před 16 dny

      the only thing that made the pandemic so bad was Democrat states' and cities" reaction to it, shutting down small and medium business while letting big business continue to operate. Hope you got your Trump vaccine.

    • @uss-dh7909
      @uss-dh7909 Před 16 dny

      @@mfine6726 just a friendly reminder for those that don't know. China is where the virus originated. China is the #2 world economy looking to upend America. China does have global domination ambitions.
      Not at all suprising why republicans don't point to 2020. We're still recovering from 2008 and years of 'leading from behind' when a pandemic came from out of nowhere. It wasn't a regional thing like Ebola largely was, this was global.

    • @davidbross6942
      @davidbross6942 Před 16 dny

      @@mfine6726 Who is "we" and "our"? Also, what is the "black swan event" you are referring to?

    • @TamTran-zp1xb
      @TamTran-zp1xb Před 16 dny

      @ davidbross, You got Trump Derangement Syndrome

  • @crbe2159
    @crbe2159 Před 16 dny +6

    Why is this guy on tv still after scamming people promoting SBFs coin scam

    • @stantc77
      @stantc77 Před 16 dny +1

      Sam fried the real criminal Mr wonderful got played
      He is a human after all

    • @uss-dh7909
      @uss-dh7909 Před 16 dny

      Why are people still going silly for digital currencies anyway...

    • @kylewatson5133
      @kylewatson5133 Před 16 dny

      Gov IS the scam.

  • @InterestbearingCBDC
    @InterestbearingCBDC Před 16 dny

    Thank you Kevin... Thank goodness for higher for longer...

  • @mannyechaluce3814
    @mannyechaluce3814 Před 16 dny +1

    Does not matter who is in charge in the US( Republicans or Democrat) , if the US keeps its policy to start or join a war is not stopped, then the need for more money will not stop. Even if Trump is the president, if the US still maintain war zones, he will need more money to do it.

  • @garymoore3446
    @garymoore3446 Před 16 dny +4

    Kevin tells the truth

  • @alexwild5313
    @alexwild5313 Před 16 dny +14

    35 trillion and counting 😂

  • @user-lk2cj2qs1d
    @user-lk2cj2qs1d Před 16 dny +2

    Question for Trump and the right If, TRUMP does have immunity Then how can he go after Biden? We don't know We have not thought that far out

  • @poppinwithandy7742
    @poppinwithandy7742 Před 12 dny +2

    WERE GETTIN BENT OVER WITH PINEAPPLE JUICE.

  • @stantc77
    @stantc77 Před 16 dny +4

    Horrible admin

    • @wa210
      @wa210 Před 16 dny

      Yeah tRump's admin was disastrous.

    • @lawsonhill1356
      @lawsonhill1356 Před 16 dny +1

      @@wa210🤡🤡🤡

    • @paulmoss7940
      @paulmoss7940 Před 16 dny

      @@wa210 maybe you will like his second one better.

    • @TrumpIsGoingToPrison
      @TrumpIsGoingToPrison Před 16 dny

      Yeah...terrible. Highest EMPLOYMENT RATE in 60 years. Inflation at 3.3%. The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS.

    • @wa210
      @wa210 Před 16 dny

      @@paulmoss7940 That crook will be destroyed in Nov. Plus jail awaits the conald.

  • @user-gc1gb7fd8l
    @user-gc1gb7fd8l Před 16 dny +10

    Tax cut for the rich or the poor. Choose your meal during the election.

    • @tonyburzio4107
      @tonyburzio4107 Před 16 dny +1

      Inflation is a tax.

    • @dieterhauer8619
      @dieterhauer8619 Před 16 dny +3

      The same old liberal BS. OMG, please wake up.

    • @jimwhelan9152
      @jimwhelan9152 Před 16 dny +1

      Tax cuts across the board. At current rates of taxation and spending higher taxes just make the economy worse. They don't actually pay for anything. The only fix is reduced spending and lower taxes.

  • @boblatzer
    @boblatzer Před 16 dny +1

    The similarities between American and Canadian fiscal policy is uncanny. Something’s up here. They’re destroying the way of life we worked so hard for.

  • @AgathaWhispers
    @AgathaWhispers Před 16 dny +2

    The reason small business got nothing - they are not union targets.

  • @wileecoyote5749
    @wileecoyote5749 Před 16 dny +12

    Trump please hurry

  • @Hypocrisywatch1
    @Hypocrisywatch1 Před 16 dny +4

    Kevin ftx scammer

    • @cg5648
      @cg5648 Před 16 dny

      🤣 well he was scammed, but that is not any better.

  • @MS-_-4891
    @MS-_-4891 Před 16 dny +5

    TRUMP 2024 !!! 💪💪

  • @Gogalen789
    @Gogalen789 Před 12 dny +1

    Inflation has averaged 2.4% annually since 1995 so what cost $20 back then costs $38.41 in 2022 so what is really needed is 2% deflation for 5-6 consecutive years and not a Fed target rate of 2% inflation. N'est pas vrai ?

  • @posterlion
    @posterlion Před 16 dny +1

    The mandate should be 0% inflation. I'm really tired of that hidden tax. They inflate asset prices and then expect us to pay a capital gains tax on the asset that has already been taxed by inflation. In other words, my gold has already been taxed. It would not have gone up if there was no inflation, but there was inflation. My gold just makes me even with where I was before inflation. Now they want to call their inflation a capital gain, when in fact, there is no gain at all. They really think we are stupid AF.

    • @jimwhelan9152
      @jimwhelan9152 Před 16 dny

      "They really think we are stupid" sadly, a large number of people are stupid.

  • @patrickreilly2739
    @patrickreilly2739 Před 15 dny

    "When you ain't got nothing, you got nothing to lose"
    -Bob Dylan

  • @bobroediger6121
    @bobroediger6121 Před 10 dny

    Kevin O’Leary is the Best!

  • @Worldgold633
    @Worldgold633 Před 16 dny

    Respect to mister wonderful🫡

  • @vincelamvision
    @vincelamvision Před 15 dny

    Hi! Mr.Wonderful Kevin! It's been really quite a long time and not see you after the new year right how do you do. I hope you everything in fine❤

  • @garyhirtz4392
    @garyhirtz4392 Před 14 dny

    It's beyond me why people think cutting the interest rates is a good idea .it's just prolongs the agony. Houses, cars need to drop big time.

  • @juewang8588
    @juewang8588 Před 16 dny +1

    After many years of tax cuts, average people become poorer and poorer. Billionnairs become richer and richer. National debt goes higher and higher. Should we reverse the course?

  • @Tony-om5kr
    @Tony-om5kr Před 16 dny

    I remember a certain GOP president who said "Read my lips, no new taxes". He ran for re-election. What happened to him?

  • @valienterf
    @valienterf Před 12 dny

    Thank you Kevin for kee daying it like it is

  • @shagwaaone1432
    @shagwaaone1432 Před 16 dny +1

    The government is dysfunctional and you want a bigger dysfunctional government? Less government the better

  • @deathshade777
    @deathshade777 Před 16 dny

    We have the highest tax rate in the world. Because a single dollar is taxed over 11 times. Unlike most countries just having a 30% tax. Our tax is actually about 88.2% in the end.

  • @douglashunter5703
    @douglashunter5703 Před 16 dny

    Call for reference- please provide documentation for the claim that a Trump era tax cut benefitted “9 out of 10 middle class Americans” which cut specifically and what was the documented benefit? Thank you.

  • @hawkpilot01
    @hawkpilot01 Před 16 dny

    How quickly it turns. Feels like just yesterday I was listening about everyone, “quiet quitting.” Now no one can find a job.

  • @Corkfish1
    @Corkfish1 Před 16 dny +1

    Until the Fed raises rates this is just going to drag on forever

  • @snoke6664
    @snoke6664 Před 16 dny +1

    Unfortunately, even if trump becomes president theres such a mess for him to clean it has to get worse before it gets better and i dont think 4 years is enough time...

  • @timfatout7082
    @timfatout7082 Před 16 dny

    And exactly why is stealing 2% of our money ok?