Kevin Kelly: Pelosi Doesn’t Understand that You Need to Grow the Economy and Not Slice It into Smaller Pieces and Redistribute It

RUSH EXCERPT:

KELLY: "You know what’s interesting about that is the same survey last year actually said president Barack Obama was actually negative for long-term growth and we can see that because in order to get growth there are really two things that have to happen, monetary policy and fiscal policy. Barack Obama and his administration wasn’t focused on fiscal policy and what that means is deregulation as well as laws to stimulate growth. So you can think about what Obama care did, right? It actually stifled investment. You can think about what Dodd frank did over 22,000 pages of rules and regulations from an alphabet soup of agencies from the sec, cfp. Really stifled and hampered growth. What this president has done is a lot of deregulation and see what the tax benefits did just now. And what Nancy Pelosi doesn’t understand is you need to grow the economic by not slice it into smaller pieces and redistribute it. "