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Wynn: Printing Money Degrades Living Standard, Causes Anger; Healthcare Goes Up, Product Doesn’t Get Better

Steve Wynn

Posted By Ian Schwartz
On Date October 20, 2016

Casino magnate Steve Wynn expresses his disappointment at the lack of discussion of the economy during the course of the presidential election in an interview on Thursday’s Hannity. Wynn also weighed in on the debate describing it long on negativity and short on substance.

Wynn said the printing of money by the U.S. Treasury under the guidance from the U.S. Federal Reserve and the national debt have not been properly addressed albeit a short segment at the final debate.

“We take in $3.1 trillion and we spend $3.7 trillion,” Wynn said Thursday to guest host Eric Bolling. “And that $600 billion deficit is at the rate of $50 billion a month. Our government is printing money and it’s degrading the living standard of every person in America. It’s the cause of frustration, anger and confusion. I was disappointed we didn’t get in a real substantive conversation about that last night.”

Wynn also addressed health care and said the more than 10,000 people he employees “paid more money but did not get more coverage” under Obamacare.