Financial expert and “Shark Tank” star Kevin O’Leary just dropped a huge statement about President Donald Trump and 2020 that Democrats aren’t going to like at all. And that’s putting it mildly.
O’Leary praised the new environment for small business in America and said it “Just keeps getting better.”
He ripped the prior administration as a regulatory nightmare and applauded Trump for helping the lives of small-business owners.
“Like him or hate him — don’t care. But the policy that’s come out of there in the last two years has ripped all that stuff out,” O’Leary said. “You don’t see it; we never talk about that stuff. But it’s small things like that that all of a sudden my restaurant business that I invested in — a company called Wine and Design — now we can open up in all these strip malls and sell franchises like crazy because the regulatory environment has changed.”
“If you think this administration is getting voted out in the next election, you are 100 percent wrong. Where I go to Amarillo, Texas; Champaign; Urbana; Fargo, his name is painted on the barn, and I see it for miles around. And look, I’m not trying to advocate here for it. I’m just telling you, if you think sitting in Boston or Philly or New York or LA that’s America, that’s not America. I go to America, and they love what’s happening,” he said.
Obama has tried to claim credit for the Trump economy, but O’Leary described how wrong and delusional that claim is.
“Over the last 10 years the America that I grew up in, and I started my company in, was lost. It was so overregulated and so governed and so punitive for business. And the policy — not the administration and not the past president — the policy that that administration generated in my view was un-American,” he said.
He pointed to a restaurant he wanted to open in Aspen. “The frosted glass on the window had to be so many yards from the toilet, and the window had to open so many inches. It was complete chaos in the regulatory environment.”
Trump, on the other hand, “unshackled the small businesses in America,” O’Leary said.
And it’s going to get even better, he predicted, because the real effects of the tax-reform have not yet all kicked in, he explained. “That’s a benefit that’s yet to come.”