Being a billionaire investor and owner of the Dallas Mavericks isnât enough for Mark Cuban. The self-described Independent told the FOX Business Networkâs Ashley Webster that heâs interested in being the Vice President of the United States for either candidate.
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âWashington has become so partisan and gridlock is so bad that you need somebody that doesnât have the legacy baggage of one party or the other. And I think both candidates are severely deficient in technologyâ¦ Hillary has her challenges with email; Donald doesnât even use emailâ¦ If you donât have that strong a grasp of technology â thatâs whatâs going to drive our economyâ¦ I think I can bring that value to both,â he said.
He also discussed the U.S. economy and whatâs missing from the candidatesâ plans for growth.
âThe IPO market â thereâs been almost as much money raised by foreign companies as American non-biotech companies over the past six years using IPOsâ¦ The number of public companies has declined from about 8,000 20 years ago to less than four thousand and itâs continuing to decline. If we arenât taking companies public then American citizens canât participate in growth, the markets themselves have challenges â weâre not creating capital for startups. Those are real problems and no oneâs even begun to address those issues.â
During the course of the Obama Administration, the economy has experienced lackluster growth. The number of people on food stamps is up, the workforce is at levels not seen since the 1970s and if Hillary Clinton is elected president, Cuban says getting more of the same is ânot necessarily a horrible thing but what we need to know is from Donald.â
âTypically when you have that long of an expansion, you typically have a recession somewhere in there and so itâs a tortoise and hare type situation. Weâve added a lot of jobs, itâs just been slow. And then the second question is, is that because of whatâs happened in Washington or is that because of the Federal Reserve? Right now the Federal Reserve is in new territory, they are trying new things without really having a roadmap of where itâs going to take them. The point being â itâs not easy,â he said.
Over the course of their campaigns, Hillary Clinton and Bernie Sanders have said the top one percent have to pay more in taxes. While Cuban is ok with paying more, he says the main problem is how itâs spent.
âItâs all about marginal costs. If Iâm making a $100 million a year, on the next $10 million Iâm paying 50% â I can live with that. Itâs not going to affect my lifestyleâ¦ More important to me is how we spend it. I think we are collecting enough in taxesâ¦ We have to be far more efficient [about] how we spend it. And we have to know how to deal with that now because technology is going to replace more and more and more jobs,â he said.
The billionaire investor, who knows Donald Trump âreally well,â also discussed the presumptive Republican nomineeâs media approach.
âSometimes Donald Trump is too good at media for his own goodâ¦ He throws out these trial balloons to see what the response is and in his mind he doesnât have a lot of self-awareness. He doesnât understand a lot of the context once you get outside of some social media or some traditional media. And so it backfires on him.â
So who will win in 2016? Cuban says place your bets on Hillary.
âI think itâs a landslide for Hillaryâ¦ because I think the Bernie supporters will come along. As much as they might cascade Hillary right now, they are not going to vote for Donald Trump. Itâs just not going to happen,â he said.