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00:00I'd like to ask, if I might, Brad Gerstner, one of the most successful people in our country, a friend of Michael very much, and Michael has great respect.
00:10And if you don't mind, Brad, I'd like to say a few words, please. Thank you.
00:15Well, first, it's a great honor and privilege to be here. We wouldn't be here without your leadership.
00:20And for me personally, to be here with my son, Lincoln Gerstner, happens to be named after the gentleman over your right shoulder.
00:32Where is Lincoln? He's a good-looking guy. He's a much better-looking than you. What happened?
00:37You know, hey, we all want our kids to be better than ourselves.
00:42But it was around our small kitchen table that this idea was really born.
00:48I started off like Jason Smith in a small rural town in Indiana.
00:53My dad had lost everything in 1978 trying to start an auto parts company, and the Japanese were tearing apart our auto industry.
01:02We had double-digit interest rates and inflation.
01:05Our family mortgaged the house to keep the company going and ultimately lost everything.
01:10So I know a little something about starting with nothing, and I know what it felt like.
01:15That first time you had a little skin in the game, where you thought you had a shot.
01:20You went from nothing to something.
01:23And like Dara said, that is the great story of America.
01:28The promise that there's mobility.
01:30The promise we can move up that ladder.
01:31But today, you know, we've moved to a society of dependency, right?
01:39I saw somebody answer the White House's tweet on this today by saying the answer to socialism is more capitalism.
01:48This is more capitalism.
01:50This is aligning every child in America with the upside of free markets and the benefits.
01:56And that is your Main Street agenda, Mr. President.
02:00No tax on tips.
02:01That doesn't help rich folks.
02:03That helps the people who feel left out and left behind.
02:06No tax on overtime.
02:08No tax or deduction on Social Security.
02:11And the Trump accounts, right, that everybody in this room are here and we've been working so hard on,
02:16but would never come to fruition without your leadership.
02:20Those will change the game forever.
02:22It makes America an ownership society again because all of those kids will see the benefit of compounding.
02:29If you start with $1,000 and $750 is added a year by parents, grandparents, by churches,
02:37by the companies in this room who will all contribute to the accounts of the kids of their employees,
02:42by the great philanthropists in America, I think $750 is a low estimate per year.
02:48I think so.
02:49But if you start, if you do that, by age 18, Mr. President, these are worth $50,000.
02:56By age 30, they're worth $175,000.
03:00And if you do it every year of your life, at age 50, they're worth a million bucks.
03:06You are giving the shot for every American to feel like they're in the game again.
03:10Part of America with that economic mobility, that dream that led Michael Dell to start Dell Computer in his dorm room,
03:17Dara to feel like he had a shot after coming here from Iran,
03:20and a couple poor kids from Missouri and Indiana to make it to where we are today.
03:25So thank you for your leadership.
03:27This would not happen without the reconciliation bill and the work of the many in this room,
03:32but spearheaded by the Speaker and Jason Smith, the big, beautiful bill.
03:37This is the vehicle to get the Invest America Act passed.
03:39So thank you, sir.
03:40Thank you very much, Brett.
03:41Great job.
03:43And nobody knew I was going to call you.
03:45He might have done the best job of the group.
03:48Got to think about that.
03:49My good recommendation, Michael.
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