Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Devices are not going backwards unless, as they said, something
really bad happens. Glenn Heber joins as President and CEO
of the Texas Association of Business. It's amazing to me, Glenn,
how hard it is to explain to people what the
inflation monster really looks like, you know, in how much
inflation we've really had over the course of the last
three or four years. All they hear is that, oh,
(00:20):
it was only it was only about two point two
percent this last month, inflation is going away, Yeah, well,
what about all the other months in front of it.
Speaker 2 (00:28):
Well, the way to look at it is that if
you had a dollar bill, you could rip about a
fifth of it or a quarter of it, and and
that's what inflation really is. I mean, it shrinks the
value of the money that you have in your wallet.
Speaker 1 (00:43):
And you're right.
Speaker 2 (00:44):
The only way the prices really would dive down is
if we went into a recession or depression. And no
one has it interest in that. So the question is
what can we do? And i't to say the number
one thing. Here we are, where the energy capital of the world,
the number one thing we could do to actually have
logs lasting price relief for consumers is that all the
(01:04):
above energy strategy where we're pumping oil and gas, we're
we're building more solar and wind and battery plants, and
we're keeping energy costs as low as possible.
Speaker 3 (01:18):
You have to have energy to produce everything. There's nothing
that you could buy that is not somehow really having
to depend on energy.
Speaker 2 (01:27):
Absolutely, and and and the other thing is is, thank god,
finally the days of just you know, dumping money out
of an airplane and blowing up, you know, sending trillions
of new dollars into the economy. Uh, those are over.
So you're getting some level of control over federal spending
(01:48):
is extremely important. Uh More, regulatory relief would help, you know,
meeting make it easier to build things like housing for
people to buy or for people to rent is very
very important. That would offer relief. And we also think
(02:09):
extending the twenty seventeen Tax Cut and Jobs Act is
very important because you have massive tax reductions for small
businesses and a doubling of the standard deduction for all
Americans that were part of that package that will expire
in twenty twenty five if not extended. All of those
are things that would make day to day living easier
(02:30):
for Texans than Americans.
Speaker 1 (02:32):
One more to your list here, Glenn, and that is
to get control of the border and to take a
look at how we're caring or how much money we're
spending for the tens of millions of people who are
here illegally, not only in our public school system, but
in all sorts of other social programs.
Speaker 3 (02:46):
Hospital districts well.
Speaker 2 (02:48):
Having Absolutely we need more border security, that's for sure,
but we also need to have a good legal immigration
system because the fact is for a lot of occupation
and we need workers. You think about agriculture, you think
about home healthcare workers, you think about nurses. We simply
(03:10):
need a very good legal system so that where we
have these areas where labor supplies are tight and drive
up wages or just simply make it very difficult, if
not impossible, for certain businesses to operate. Think about the
tourism industry, for example, the construction industry. We need a
good legal system. We need increased border security. We could
(03:32):
ad our cake and eat it too on immigration.
Speaker 3 (03:35):
And when we have a great legal system, we just
needed enforced.
Speaker 2 (03:40):
Well, it needs to be enforced, but it also it's
not the easiest thing in the world for hotels, home builders,
and a lot of companies to use existing programs. And
that's where I'm talking about. Regulatory reform is very important.
Let's make it as easy as possible for workers that
(04:02):
we need to come into the country legally, while we
increase our border security. We can we can do both.
I mean, I go around the state. I'll just tell
you the number one issue I hear when I go
around the state of Texas is that, UH employers, particularly
small businesses, need more workers, and they need workers with
the with the right skills.
Speaker 1 (04:24):
And that goes back to now we're going back to
our education system. Markt we a little bit. Glenn Hammer,
Thanks for your time. Appreciated, President and CEO.
Devices are not going backwards unless, as they said, something
really bad happens. Glenn Heber joins as President and CEO
of the Texas Association of Business. It's amazing to me, Glenn,
how hard it is to explain to people what the
inflation monster really looks like, you know, in how much
inflation we've really had over the course of the last
three or four years. All they hear is that, oh,
(00:20):
it was only it was only about two point two
percent this last month, inflation is going away, Yeah, well,
what about all the other months in front of it.
Speaker 2 (00:28):
Well, the way to look at it is that if
you had a dollar bill, you could rip about a
fifth of it or a quarter of it, and and
that's what inflation really is. I mean, it shrinks the
value of the money that you have in your wallet.
Speaker 1 (00:43):
And you're right.
Speaker 2 (00:44):
The only way the prices really would dive down is
if we went into a recession or depression. And no
one has it interest in that. So the question is
what can we do? And i't to say the number
one thing. Here we are, where the energy capital of the world,
the number one thing we could do to actually have
logs lasting price relief for consumers is that all the
(01:04):
above energy strategy where we're pumping oil and gas, we're
we're building more solar and wind and battery plants, and
we're keeping energy costs as low as possible.
Speaker 3 (01:18):
You have to have energy to produce everything. There's nothing
that you could buy that is not somehow really having
to depend on energy.
Speaker 2 (01:27):
Absolutely, and and and the other thing is is, thank god,
finally the days of just you know, dumping money out
of an airplane and blowing up, you know, sending trillions
of new dollars into the economy. Uh, those are over.
So you're getting some level of control over federal spending
(01:48):
is extremely important. Uh More, regulatory relief would help, you know,
meeting make it easier to build things like housing for
people to buy or for people to rent is very
very important. That would offer relief. And we also think
(02:09):
extending the twenty seventeen Tax Cut and Jobs Act is
very important because you have massive tax reductions for small
businesses and a doubling of the standard deduction for all
Americans that were part of that package that will expire
in twenty twenty five if not extended. All of those
are things that would make day to day living easier
(02:30):
for Texans than Americans.
Speaker 1 (02:32):
One more to your list here, Glenn, and that is
to get control of the border and to take a
look at how we're caring or how much money we're
spending for the tens of millions of people who are
here illegally, not only in our public school system, but
in all sorts of other social programs.
Speaker 3 (02:46):
Hospital districts well.
Speaker 2 (02:48):
Having Absolutely we need more border security, that's for sure,
but we also need to have a good legal immigration
system because the fact is for a lot of occupation
and we need workers. You think about agriculture, you think
about home healthcare workers, you think about nurses. We simply
(03:10):
need a very good legal system so that where we
have these areas where labor supplies are tight and drive
up wages or just simply make it very difficult, if
not impossible, for certain businesses to operate. Think about the
tourism industry, for example, the construction industry. We need a
good legal system. We need increased border security. We could
(03:32):
ad our cake and eat it too on immigration.
Speaker 3 (03:35):
And when we have a great legal system, we just
needed enforced.
Speaker 2 (03:40):
Well, it needs to be enforced, but it also it's
not the easiest thing in the world for hotels, home builders,
and a lot of companies to use existing programs. And
that's where I'm talking about. Regulatory reform is very important.
Let's make it as easy as possible for workers that
(04:02):
we need to come into the country legally, while we
increase our border security. We can we can do both.
I mean, I go around the state. I'll just tell
you the number one issue I hear when I go
around the state of Texas is that, UH employers, particularly
small businesses, need more workers, and they need workers with
the with the right skills.
Speaker 1 (04:24):
And that goes back to now we're going back to
our education system. Markt we a little bit. Glenn Hammer,
Thanks for your time. Appreciated, President and CEO.
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