Reversing America’s Downward Economic Spiral | David McCormick

Hold These Truths with Dan Crenshaw

Dan Crenshaw

Politics, Energy, Healthcare, News, World, Society & Culture, Regulations, Finance, America, Freedom

4.6 • 16K Ratings

🗓️ 21 March 2023

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

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Summary

David McCormick joins Rep. Crenshaw for a conversation about America’s downward economic spiral — both domestically and on the global stage — and how we can reverse course with fiscal, trade, and regulatory reforms that emphasize national security and push back against threats from China.

David McCormick is the author of “Superpower in Peril: A Battle Plan to Renew America.” He served as former CEO of Bridgewater Associates, one of the world’s largest investment management firms, before pursuing a U.S. Senate seat in his home state of Pennsylvania in 2022. He also served as the U.S. Treasury Under Secretary for International Affairs and held senior posts on the National Security Council and at the Department of Commerce. Follow him on Twitter at @DaveMcCormickPA.

Transcript

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0:00.0	We hold these truths to be self-evident.
0:02.0	That all men are created.
0:04.0	There's a number of Congress I get to have a lot of really interesting people in the office.
0:07.3	Experts on what they're talking about.
0:08.9	This is the podcast for insights into the issues.
0:11.6	China, bioterrorism, Medicare for all, in-depth discussions.
0:16.0	Breaking it down into simple terms.
0:17.9	We hold these truths with Dan Crenshaw.
0:24.5	Welcome back everybody.
0:25.5	You know a few weeks ago we had President Biden deliver the state of the union
0:29.2	and gave a very rosy economic picture.
0:32.2	And in some respects the economy is going along rather well.
0:36.2	But there are serious obstacles to our economy and our prosperity.
0:42.3	We're facing intense global competition.
0:44.5	There's many warning signs on the horizon.
0:46.0	There's many Americans that are just not in the workforce at all.
0:49.6	Business is having a very hard time hiring.
0:52.2	Productivity continues to lag as a result.
0:55.2	And we're piling and piling on more and more national debt.
0:59.1	These are problems and we need a way to confront them.
1:01.5	And joining me today is Dave McCormick.
1:04.1	Dave McCormick was the CEO of Bridgewater Associates.
	...

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