Amid the ongoing overhaul in the U.S. economy, billionaire Mark Cuban contrasted the difference between turning around a corporation and a country, questioning whose interests the people in charge serve, while calling the 330 million citizens the directors of the corporation.
What Happened: Cuban responded to an X post that hailed the current economic churn and claimed that “you have to be aggressive and make tough decisions” during corporate turnarounds. The post also said that DOGE has been far too timid and the media was hyping the “chaos in the government”.
In a reply to this, Cuban quipped “But this isn’t a corporate turnaround. This is the United States of America.”
He explained that he agreed with reducing the deficit and spending, however, he said with a corporate turnaround, everyone knows that all actions will benefit the owner(s). He goes on to ask, “Who are the owners that are accruing the benefits in this (national) turnaround?”
Cuban expressed his concern for those who will be “worse off” during the national turnaround and questioned whether anyone cares about the …Full story available on Benzinga.com