Free market success drives U.S. millionaire numbers past other nations.

What this episode covers

Ryan Wrecker: If anything, Mark, this weekly, it was the absolute awe of FIFA fans who've never been to America before, coming here largely from Europe and discovering how we live, because they didn't know. Bill Frady: No. Ryan Wrecker: And they were probably like me when I went there in my 20s with my cousins, took a long road trip through Europe and was shocked at the poverty of the middle class and the way that they lived compared to us. I'd always thought it was roughly equivalent. It's not. Well, this captures kind of what they were seeing. Headline in the Wall Street Journal—this is truly stunning, okay? And this is exactly what Democrats are trying to crush with the Democrat Socialist of America movement. Headline in the Wall Street Journal: "The US Added 1,200 New Millionaires a Day Last Year." Not last year—a day last year. 1,200 new millionaires a day. China, many did, you know, how many millionaires are there? Okay, so you look at the United States of America, let's start with that total millionaires in the United States of America. And this is remarkable: 23.6 million. That's out of 342 million people. Okay, China, what? Three, four times bigger? They've only got 5.2. This is exactly the system, ah, that the Democrats are hoping to embrace. Literally a lot of it funded by China. I mean, if you want to know what's going on in New York right now with the Commie corridor, go pull the article by the New York Times—not the New York Post, the New York Times—in which they admit the Chinese Communist Party is now a huge influence on who wins the primaries. And you've got these American Democrats allied with them who want to take the property of the millionaires here in this country. Bill Frady: Yes. Because you shouldn't have it. Ryan Wrecker: No, you just shouldn't have it. Well, what have you earned it? Well, you still shouldn't have it. Wall Street Journal writes—I mean, every stat in this story is just mind-blowing. "America knows how to manufacture millionaires. Over 440,000 people or more than 1,200 a day become millionaires in the U.S. a year, accounting for nearly half the world's new millionaires." Again, there's only like 340 million of us. It's incredible. Why? Because capitalism and free markets work anywhere they're tried. They work anywhere they're tried. Why? Because they work off of human nature. More than 23.6 million Americans are now worth seven figures or more. And the U.S. gains have come thanks in large part to surging financial markets. Ah, and so, I mean, you're watching this, just to give you some idea, okay, this is what these FIFA fans are reacting to. It's kind of a measure. If you look at, um, how many millionaires that we have here in America, okay, 23.6 million. If you combine Germany, the UK, France, Australia, the Netherlands, Italy, you only get 11.5. It's roughly the same population. So here in America, 23.6 million millionaires, you take what is essentially Europe and you throw in Australia to get to 11.5 million millionaires. So you can see, uh, the way they live is nothing like the way we live. We are so wealthy comparatively. And that's what they were so shocked about when they came here. And it's also the space and the choice that we have in this country, despite the best efforts of many on the left to restrict that. I mean, what I think is so funny is when these Europeans are going to a Buc-ee's and they're just completely mind-blown. Because the European countries will not allow that to be built. That is the thing. It is not that these countries can't afford these things. They're spending all their money on social programs while the US pays for their defense and they restrict businesses, and this is European-wide. You cannot do what businesses do in this country over there because the government will not let you. No, and that's what blew me away the most. Again, when, you know, when my cousins and I went on that road trip all throughout the UK, I was working for a con ...

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