On his radio program Tuesday, Glenn talked with Home Depot's co-founder and former CEO Bernie Marcus. Marcus came into the news this week after accusing Silicon Valley Bank of devoting more time and energy to "woke" projects rather than carrying out proper risk assessment, which led to the bank's recent collapse.
Marcus joined Glenn to discuss America's current business climate. Is the Silicon Valley Bank's collapse indicative of a larger economic issue? Marcus said he wouldn't have been able to start Home Depot in today's current climate with high taxes and regulations. Moreover, he took aim at Biden himself, claiming Biden's current policies and tax hikes could potentially wipe out half of America's small businesses. Below you will find the dialogue from the radio broadcast.
Glenn asks Marcus, "Could you start Home Depot today?"
I don't think so, Glenn. And I think the reason is, they have so many obstacles, for small businesses. We [Home Depot] were a small business. ...
And we never had the [...] regulations that they have today. And what he is trying to do. I'm talking about Biden now and the Democratic Congress. They want to pass laws that raise taxes that will knock out half the American—or half the small businesses in America.To listen to the full interview on the radio broadcast, click HERE.