Tom Metz

Entrepreneur. Supporter of individual liberty, free markets, entrepreneurs and independent thought.

[Tom Metz @tvmetz]

My new book is now available-- Entrepreneurs: The Economic Spark.
Entrepreneurs create every company and every job in America. They take risks, often fail, yet they persist and drive the innovation that improves our lives.
Many people misunderstand our economy. They think it is zero-sum, markets fail, profits are excessive and spending drives growth. This book explores entrepreneurship, risk-taking and value creation. It explains how markets really function and why economic freedom matters.

[Tom Metz @tvmetz]

@RBReich Markets should set wages, not governments. At a high minimum wage, people will simply not be hired. That is totally counterproductive. You can raise the minimum wage but you cannot force businesses to hire people. Therein lies the problem. Freedom is always best.

[Tom Metz @tvmetz]

@hicasamadim 50

[Peter H. Diamandis, MD @PeterDiamandis]

Around 1820, roughly 84% of humanity lived in extreme poverty, and today the share is around 10%. That is one of the largest improvements in human welfare in history.

[Tom Metz @tvmetz]

@ferarri001 64

[Tom Metz @tvmetz]

@farman4x 6

[Tom Metz @tvmetz]

@RonWyden @ChrisMurphyCT Furthermore, wages are set not by what someone needs but by how much someone contributes.

[Tom Metz @tvmetz]

The minimum wage was never meant to be a living wage for people. All the minimum wage does is make it more difficult for those with low skills to get jobs. Half of people on minimum wage are under 25 years of age and living with parents. They do not need a so-called living wage. Free markets should set wages, not the government. This is basic economics. Read a book.

[Tom Metz @tvmetz]

@abmarkman Comment? How about I would love one of those!

[Tom Metz @tvmetz]

@Aestheticsn1 1881 for sure

[Tom Metz @tvmetz]

@johnthomas5498 @RockChartrand Elon's contribution goes Elon's contribution goes Way Beyond taxes. Why are you lefties so totally hung up on taxes? Get a grip.

[Rock Chartrand @RockChartrand]

Someone creates a trillion dollars in value, generates billions in tax revenue, employs hundreds of thousands of people, and provides products used around the world.

Socialists: "But what has he contributed?"

[Tom Metz @tvmetz]

@BillAckman @BernieSanders @elonmusk @SpaceX Nice summary, Bill

[Bill Ackman @BillAckman]

.@BernieSanders , it is a time to celebrate. @elonmusk has created enormous value for society by building @SpaceX, driving down the cost of rocket launches and creating a global satellite communication network that has brought high speed, low-cost internet and communication access to hundreds of millions and eventually billions of people along with critical advantages for our military and our nation’s defense.

SpaceX and its technologies will cause an acceleration in the growth of wages and wealth creation globally, including in some of the poorest communities in the U.S. and around the world.

Access to low-cost, high speed communications everywhere will allow children around the world to be educated, families to build businesses, and life-saving medical knowledge and care to be available everywhere.

SpaceX will materially bring down the cost of compute, advancing AI and humanity.

Meanwhile, 4,000 SpaceX employees yesterday became millionaires, including hourly wage employees who you claim you are trying to help.

The Elon Musks of the world drive growth, global GDP, and provide access to goods and services at lower cost that would otherwise not exist.

Elon’s nominal trillionaire status is due to his ownership of SpaceX, Tesla, Neuralink, the Boring Company and his other initiatives that have brought new technologies that improve our everyday lives.

Elon is not sitting on a trillion dollar pile of cash, jewelry and gold. He is using his controlling stakes in his companies to advance mankind. Elon’s companies don’t pay dividends. They reinvest all of their capital to accelerate innovation and value creation.

Elon is working 24/7 for all of us. He deserves respect and appreciation, not smears.

Bernie, your socialism would never allow a SpaceX to be built. Socialism has only proven to impoverish mankind and lead to death and destruction.

We need to create the conditions for more SpaceXs to be built, not attack the great entrepreneurs who are helping to advance our country.

[Tom Metz @tvmetz]

Excellent explanation of this problem.

[Jason Rantz on Seattle Red @jasonrantz]

Rantz: Why Seattle liberals tolerate homelessness and open drug use on their streets https://t.co/geFKsCYaGJ

[Tom Metz @tvmetz]

@RBReich omg Bob, give it a rest already. All you do is complain about Trump. Say something interesting or smart.

[Doug Sides @DougSides]

"Socialism is a political religion whose God is the State and whose priests are the bureaucrats... It is a philosophy of failure, the creed of ignorance, and the gospel of envy; its inherent virtue is the equal distribution of misery."

Winston Churchill

[Rock Chartrand @RockChartrand]

Single payer isn’t “the answer,” it’s the removal of the only mechanism that corrects failure.

Competition is what forces insurers and providers to improve, cut costs, and respond to patients. Eliminate it, and you don’t get efficiency you get a captive system with no incentive to perform and no penalty for failure.

And the irony is hard to miss:
The same people who rail against “corporate monopolies” are advocating for the largest, least accountable monopoly possible one you’re forced to use, forced to fund, and can’t opt out of.

At least with private failure, you can walk away.
With government failure, you’re trapped in it.

[Vala Afshar @ValaAfshar]

Knowledge is having the right answers.
Intelligence is asking the right questions.
Wisdom is knowing when to ask the right questions.

—Professor Richard Feynman

[Tom Metz @tvmetz]

@ewarren Do you think that their money is just sitting around doing nothing? That is the assumption underlying your comment. That is a ridiculous assumption and not how an economy works. And not how wealth works. Get a clue.

[Tom Metz @tvmetz]

@BillAckman @X yes, fight it. But you knew that already.