Death of the Middle Class: Billionaire vs Entrepreneur DEBATE - Daniel Priestley v Nick Hanauer

There is literally no example on planet Earth of a high functioning society without big government. That's not true. Big government is sucking the life out of small businesses. And I spent countless hours with businesses. And they're like, you can't succeed in the UK. As soon as you earn anything, they'll just tax it off you. So pop off to Dubai. Run the business virtually and pay no tax. It's idiotic. I don't know how you can look at that. And think this is a good system. No no what needs to happen is reduce the taxes and the pressure on the small businesses. Because everyone in this economy needs to own stuff. We need to own a house, own a business, and own shares. But not everybody can be an entrepreneur. Correct. Look, it would be wonderful if everybody owned something. But ownership starts with earning enough money. So that you can save money so that you can begin to own something. So the problem is wages because most people want to be able to go to work and be f treated decently. I want to earn enough money so that I can feel secure. I just want to be married, have kids own a house. All that that's what most people want and I want that for everyone. That's gone away. Houses are unaffordable, local jobs don't exist, technology has cut out all the middlemen. No one's paying healthy wages. We have the most unhappy

population and if you want to fix that, you have to enact this. Well I've seen Nick's policies implemented and I don't feel it's enough. You haven't seen all of the policy stuff. But we need people to know that the rules that we grew up with have changed and people have to learn the rules of this new economy. Yes, yes, yes, I totally agree. And if you want to get the economy back on track, the starting point is Guys, I've got a favor to ask before this episode begins. The algorithm, if you follow a show, will deliver you the best episodes from that show very prominently in your feed. So when we have our best episodes on this show The most shared episodes, the most rated episodes. I would love you to know. And a simple way for you to know that is to hit that follow button. But also it's the simple easy free thing that you can do to help us make this show better. And I would be hugely grateful if you could take a minute on the app you're listening to this one right now and hit that follow button. Thank you so, so so much.

Nick, I wanna start with your background and your context so I can understand your perspective and who you are. You sold a a company for almost seven billion dollars. Correct. And What's so fascinating about you is you

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