<p>Jeff Bezos said during an interview this week that he was excited about what President-elect Donald Trump&#8217;s second term in office means for the economy and he looks forward to helping him.</p>
<p>Bezos made the remarks during the annual New York Times DealBook Summit on Wednesday in New York City.</p>
<p>&#8220;I&#8217;m actually very optimistic this time around,&#8221; Bezos said. &#8220;He seems to have a lot of energy around reducing regulation. And my point of view, if I can help him do that, I&#8217;m going to help him because we do have too much regulation in this country. This country is so set up to grow.&#8221;</p>
<p>&#8220;By the way, all of our problems, all of our economic problems, like if you look at the deficit and the national debt, and how gigantic it is as a portion of GDP — these are real problems, and they&#8217;re real long-term problems — and the way you get out of them is by outgrowing them,&#8221; he continued. &#8220;You&#8217;re going to solve the problem of the national debt by making it a smaller percentage of GDP, not by shrinking the national debt, but by growing the GDP. You have to grow the denominator. That means you have to grow GDP at 3%, 4%, 5% a year, and let the national debt grow slower than that. If you can do that, this is a very manageable problem.&#8221;</p>
<p>Bezos said the U.S. needs &#8220;a growth orientation&#8221; and a &#8220;growth mindset&#8221; to remain on top.</p>
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<p>&#8220;We are the luckiest country in the world,&#8221; he said. &#8220;We have all these natural resources, including energy independence. We have the best risk capital system in the world, by far.&#8221;</p>
<p>Bezos said that America&#8217;s dominance in risk capital attracts big companies, investment, and entrepreneurial success to the U.S.</p>
<p>&#8220;It&#8217;s not the banking system. We have a good banking system, but so does Europe,&#8221; he said. &#8220;What&#8217;s different here is that you can raise $50 million of seed capital to do something that only has a 10% chance of working. That&#8217;s crazy, but the people who are giving you that seed capital know that their expected value is still positive, in many cases &#8212; or they&#8217;re at least gambling that that&#8217;s true. That risk capital system we have in this country is turning out to be very hard for other countries to duplicate.&#8221;</p>
<p>He added again on the subject that he was &#8220;super optimistic&#8221; about what Trump could do for deregulation.</p>
<p>Bezos said that Trump has grown over the last eight years and believes he is now &#8220;calmer&#8221; and &#8220;more confident and more settled.&#8221;</p>
<p>WATCH:</p>
<blockquote class="twitter-tweet" data-media-max-width="560">
<p dir="ltr" lang="en">NEW: Jeff Bezos says he&#8217;s &#8216;very optimistic&#8217; about the incoming Trump administration, offering to help streamline regulations and dismissing concerns about Elon Musk leveraging government power against competitors.</p>
<p>&#8220;I&#8217;m actually very optimistic this time around. He seems to have… <a href="https://t.co/0FdTSRFVSc">pic.twitter.com/0FdTSRFVSc</a></p>
<p>— KanekoaTheGreat (@KanekoaTheGreat) <a href="https://twitter.com/KanekoaTheGreat/status/1864497698713555297?ref_src=twsrc%5Etfw">December 5, 2024</a></p></blockquote>

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Jeff Bezos: I’m ‘Super Optimistic’ About What Trump Is Going To Do For U.S.