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The collapse of Silicon Valley Bank and its impact on the economy concerned Marcus, who urged Americans to "wake up" and realize that the country is going through "tough times."

"I can't wait for Biden to get on the speech again and talk about how great the economy is and how it's moving forward and getting stronger by the day. And this is an indication that whatever he says is not true. And maybe the American people will finally wake up and understand that we're living in very tough times, that, in fact, a recession may have already started. Who knows? But it doesn't look good," Marcus argued.

March 13, 2023

Marcus expressed sympathy for those who had invested in the now-defunct Silicon Valley Bank, the 16th largest bank in the United States until it collapsed last Friday. "I feel bad for all these people who lost all their money in this woke bank. You know, it was more distressing to hear that the bank officials sold off their stock before this happened. It's depressing to me. Who knows whether the Justice Department would go after them? They're a woke company, so I guess not. And they'll probably get away with it," he said to host Neil Cavuto.

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Marcus attributed the historical downfall of Silicon Valley Bank to the Biden administration's persistent push for banks to prioritize "global warming" over shareholder returns. "I think that the system, that the administration has pushed many of these banks into [being] more concerned about global warming than they do about shareholder return. And these banks are badly run because everybody is focused on diversity and all of the woke issues and not concentrating on the one thing they should, which is, shareholder returns," Marcus continued.

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Marcus continued with a pessimistic view of the current economy, saying, "The Fed keeps raising rates and inflation keeps going in the wrong direction. It's not staying where it should be. People are struggling. People can't pay their bills. They can't fill their tanks with gas. And if you think that's a good sign, I don't think it is. And we have an administration that's obtuse to this. They just keep talking about the great times and how good it is. It's not good.”

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According to Marcus, the administration's proposal to tax the middle class and the rich is "about as dumb as I've heard it in a long time." He argued that in a recession, taxing people more is not the solution. "Somebody with a sane head has to come in and understand that you can't do two things. Number one, you can't keep raising rates. You can't keep inflation as strong as it is. And you can't tax people more than they are," he said.

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As per Marcus, the current state of the U.S. economy is a cause of concern for everyday Americans, and it's essential to focus on shareholder returns rather than woke issues such as diversity and global warming. He warned that the current administration was not taking the necessary steps to address the problems and called for a change in the policies that are causing harm to the American people.