Can the Right and Left Agree on This?
June 30, 2025
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Principles By Ray Dalio Episodes Around June 30, 2025
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0:40Now PlayingCan the Right and Left Agree on This?
YouTube Description
as posted by the channelEverybody I speak with on both sides of the aisle agrees that we need to get our spending down to 3% of GDP.
But politics is standing in the way of making good decisions. The idea of compromise is out.
I think we all agree that we’re in need of a big renovation. The question is how that renovation gets done — and there’s a lot of fighting over what that renovation might look like.
My advice: Politicians on both sides need to agree on a mutually acceptable “worst case scenario” that cuts spending to the level we need, if a broader agreement can’t be reached in the near future.
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