Kevin O'Leary, a well-known investor and star of Shark Tank, appeared on Fox Business to share his strong views on the state of the American economy. During a contentious debate, O’Leary vehemently defended the American dream, voicing his displeasure with Vice President Kamala Harris’s recent comments that seemed to diminish it.
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When speaking at the Congressional Hispanic Caucus Leadership Conference, Harris said that the “American dream is elusive for far too many people.”
The American dream is still alive and well, according to O’Leary, who made this point clear by citing his investments in successful companies. "I'm the guy that invests in businesses with 5 to 500 employees, and we are on fire!" O'Leary exclaimed. He asserts that private industry is still booming and that entrepreneurship – not government intervention – may spur economic growth.
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“Our number one export in America is not a product, service, good technology, mining, minerals or metals. It’s the American dream. I live that,” shared O’Leary. He argued that the U.S. economy has thrived for over 200 years because of its commitment to economic freedom and the private sector.
The Shark Tank star, who has invested in numerous startups and growing companies, emphasized that the American dream continues to be the driving force behind people risking everything to come to the United States and pursue success. “People risk their lives to crawl under barbed wire and rivers to come here. We never ever, ever want to lose that,” he said.
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Despite acknowledging the nation’s economic difficulties, O’Leary is adamant that allowing businesses to prosper through fewer restrictions and lower taxes is the way to solve the problem. He emphasized that small enterprises, the economy’s foundation, can spearhead the recovery provided they are not overburdened by red tape.
He said, “Private capital, like me and millions of others, makes our own decisions every day – millions of decisions that determine the outcome of an economy that’s already proven.”
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Even though Vice President Harris has started doing longer interviews, O’Leary pointed out that more work still needs to be done. He said she had done well with her “all sugar, no protein strategy of Kumbaya” and gained many female votes. Still, she now faces the challenge of appealing to male voters, particularly those in key battleground states like Michigan and Pennsylvania.
O’Leary noted that it would be critical to address the serious concerns many men and women have about rising living expenses. He also stated that when Harris faces follow-up interview questions, her responses become unclear, which he called “verbal soup.”
“Trump has lots of problems, too. He sometimes runs on too long, and he’s bombastic, but she’s got verbal soup,” he said.
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