1 00:00:03,680 --> 00:00:06,320 Speaker 1: Welcome back to a numbers game with Ryan Grudowski. Thank 2 00:00:06,360 --> 00:00:09,000 Speaker 1: you for being here for another week. Very excited. This 3 00:00:09,080 --> 00:00:11,640 Speaker 1: is a jam packed week with news. You have the 4 00:00:11,640 --> 00:00:15,160 Speaker 1: Pope's funeral over the weekend, the Canadian federal election today. 5 00:00:15,960 --> 00:00:18,360 Speaker 1: My birthday is tomorrow, if he wants to shout that out. 6 00:00:18,400 --> 00:00:21,600 Speaker 1: And Trump's one hundredth day in office is on Wednesday. 7 00:00:21,680 --> 00:00:24,200 Speaker 1: So a very busy week, a very exciting week to do, 8 00:00:24,760 --> 00:00:26,760 Speaker 1: and I want to talk to you about the pinnacle 9 00:00:26,960 --> 00:00:30,360 Speaker 1: of Wednesday. About Trump's first one hundred days in office. 10 00:00:31,000 --> 00:00:33,560 Speaker 1: Technically it's his second one hundred first days in office 11 00:00:33,600 --> 00:00:37,000 Speaker 1: because it's, you know, the first non consecutive presidence in 12 00:00:37,040 --> 00:00:38,839 Speaker 1: scuover Cleveland. I don't know what you call it, but 13 00:00:38,880 --> 00:00:41,560 Speaker 1: that's what it is. Going into his second term, many 14 00:00:41,600 --> 00:00:43,680 Speaker 1: in the media expected Trump to be a lame duck 15 00:00:43,840 --> 00:00:46,800 Speaker 1: president that they couldn't do very much because he only 16 00:00:46,880 --> 00:00:49,440 Speaker 1: had one term to serve unless they change the constitution 17 00:00:49,520 --> 00:00:51,600 Speaker 1: and he can run for a third term, which I'm 18 00:00:51,600 --> 00:00:54,040 Speaker 1: going to guess is unlikely. So here are some numbers 19 00:00:54,080 --> 00:00:57,240 Speaker 1: behind Trump's second one hundred days. He has so far 20 00:00:57,360 --> 00:01:00,720 Speaker 1: issued one hundred and thirty seven executive order, a record 21 00:01:00,720 --> 00:01:03,640 Speaker 1: breaking number, signed five billion to law and stated that 22 00:01:03,720 --> 00:01:06,640 Speaker 1: he would put tariffs of over eleven percent on fifty 23 00:01:06,720 --> 00:01:11,040 Speaker 1: seven countries. Now always passed relatively few laws, Joe Biden 24 00:01:11,120 --> 00:01:13,119 Speaker 1: and Georgie of b Bush signed seven during their first 25 00:01:13,160 --> 00:01:16,240 Speaker 1: one hundred days. Barack Obama signed eleven bill Clinton had 26 00:01:16,280 --> 00:01:19,480 Speaker 1: twenty one, and actually Trump's in his first terms first 27 00:01:19,640 --> 00:01:22,479 Speaker 1: first one hundred days signed the most, a twenty four 28 00:01:22,520 --> 00:01:25,399 Speaker 1: according to the UK and Dependent. I think when you 29 00:01:25,600 --> 00:01:28,440 Speaker 1: look down and you boil downs for Trump's first one 30 00:01:28,520 --> 00:01:31,120 Speaker 1: hundred days of his second term, you come down to 31 00:01:31,160 --> 00:01:34,920 Speaker 1: three big issues. The three issues that have defined these 32 00:01:35,040 --> 00:01:37,160 Speaker 1: last one hundred days defined it, especially in the eyes of 33 00:01:37,200 --> 00:01:41,319 Speaker 1: the media. They are DOGE, immigration and trade. So let's 34 00:01:41,360 --> 00:01:43,760 Speaker 1: start with DOGE. At the behest of the president, Elon 35 00:01:43,840 --> 00:01:46,520 Speaker 1: Musk began working to slash spending and make the federal 36 00:01:46,600 --> 00:01:50,000 Speaker 1: government more efficient. He announced the last week. Elon Musk 37 00:01:50,000 --> 00:01:53,000 Speaker 1: announced last week rather that he's going to step away 38 00:01:53,000 --> 00:01:55,600 Speaker 1: slightly from the role as I guess he's not head 39 00:01:55,600 --> 00:01:59,720 Speaker 1: of DOGE but overseeing consulting DOGE, but the team he's 40 00:01:59,760 --> 00:02:02,080 Speaker 1: created it will still be in charge of the federal 41 00:02:02,080 --> 00:02:05,920 Speaker 1: agency's dog is set to sunset on July fourth, twenty 42 00:02:05,960 --> 00:02:09,200 Speaker 1: twenty six. So I guess for the next fourteen months 43 00:02:09,280 --> 00:02:11,640 Speaker 1: they'll continue. Now, while the group received a lot of 44 00:02:11,680 --> 00:02:14,640 Speaker 1: praise from conservatives who cheered that he's going to end 45 00:02:14,680 --> 00:02:19,239 Speaker 1: and he's ended contracts and useless federal agencies and programs 46 00:02:19,280 --> 00:02:23,760 Speaker 1: like USAID because he gutted that one, musk has claimed 47 00:02:23,800 --> 00:02:27,760 Speaker 1: that dog has saved taxpayers one hundred and fifty billion dollars. 48 00:02:28,080 --> 00:02:30,040 Speaker 1: That's a lot of money. Heck, I think when you've 49 00:02:30,040 --> 00:02:33,120 Speaker 1: deficits this high, anything in the billions as far as 50 00:02:33,120 --> 00:02:35,639 Speaker 1: cutting is a lot of money. But the one hundred 51 00:02:35,639 --> 00:02:39,200 Speaker 1: and fifty billion dollar claim is just fifteen percent of 52 00:02:39,200 --> 00:02:41,880 Speaker 1: what Trump promised. When it comes to waste for ant abuse, 53 00:02:42,080 --> 00:02:44,840 Speaker 1: I remember he originally promised two trillion dollars in cuts, 54 00:02:44,880 --> 00:02:47,160 Speaker 1: and then when he president came into office, it was 55 00:02:47,200 --> 00:02:49,160 Speaker 1: one trillion. Now it's got to me it was one 56 00:02:49,240 --> 00:02:51,359 Speaker 1: hundred and fifty billion. When the New York Times looked 57 00:02:51,360 --> 00:02:53,560 Speaker 1: at the numbers, it gets a little murkier. According to 58 00:02:53,600 --> 00:02:56,520 Speaker 1: the New York Times, sixty percent or ninety two point 59 00:02:56,560 --> 00:02:59,840 Speaker 1: two billion of that one hundred and fifty billion dollars 60 00:03:00,240 --> 00:03:04,400 Speaker 1: came from uniemized savings things that are very hard to prove. 61 00:03:05,160 --> 00:03:07,680 Speaker 1: The savings that are easy to prove, that they can 62 00:03:07,760 --> 00:03:11,360 Speaker 1: justifiably prove is thirty two point five billion in itemized grants, 63 00:03:11,520 --> 00:03:14,919 Speaker 1: twenty four point eight billion in itemized contracts, and three 64 00:03:15,040 --> 00:03:18,440 Speaker 1: hundred and ninety seven million in itemized leases. Basically empty 65 00:03:18,480 --> 00:03:21,040 Speaker 1: offices of the building that the government was wasting money 66 00:03:21,040 --> 00:03:24,000 Speaker 1: on it empty offices and buildings across DC. So from 67 00:03:24,040 --> 00:03:26,560 Speaker 1: what we can itemize from savings, dough just save tax 68 00:03:26,600 --> 00:03:28,639 Speaker 1: payers that we know of. Definitely that we know of 69 00:03:28,720 --> 00:03:32,320 Speaker 1: fifty eight billion dollars. Now that's not nothing. I believed 70 00:03:32,320 --> 00:03:34,480 Speaker 1: in order to balance a budget, you need to cut 71 00:03:34,520 --> 00:03:37,320 Speaker 1: anywhere you possibly can. I'm all for cutting wasteful spending 72 00:03:37,880 --> 00:03:40,320 Speaker 1: and to do whatever they can. And it's important for 73 00:03:40,320 --> 00:03:42,840 Speaker 1: Trump because he needs to sit there in quote unquote 74 00:03:42,840 --> 00:03:44,720 Speaker 1: pay for tax cuts. He needs to sit there and 75 00:03:44,720 --> 00:03:46,880 Speaker 1: try to balance the budget. It's part of his campaign 76 00:03:46,920 --> 00:03:50,520 Speaker 1: from US. But DOGE as a whole came with a 77 00:03:50,520 --> 00:03:53,160 Speaker 1: lot of attacks on both Trump and Elon Musk. Elon 78 00:03:53,240 --> 00:03:56,880 Speaker 1: Musk's negative numbers have increased substantially during his time at DOGE, 79 00:03:57,080 --> 00:03:59,440 Speaker 1: and we saw a series of lawsuits over whether who 80 00:03:59,440 --> 00:04:01,760 Speaker 1: we could fire, what contracts he could end, and what 81 00:04:01,880 --> 00:04:05,400 Speaker 1: happened to any sensitive federal data he access was the 82 00:04:05,440 --> 00:04:08,280 Speaker 1: apple worth the bite. I guess we'll see, but Doge 83 00:04:08,440 --> 00:04:11,000 Speaker 1: hasn't seen the level of spending cuts that they hoped for. 84 00:04:11,280 --> 00:04:13,839 Speaker 1: But I guess stories on Doge seem so thirty days 85 00:04:13,880 --> 00:04:17,599 Speaker 1: ago in this administration. The current crisis the media is 86 00:04:17,680 --> 00:04:21,560 Speaker 1: really obsessing over is Trump's handling of mass deportations. So 87 00:04:21,640 --> 00:04:23,599 Speaker 1: let's get some numbers on that. The numbers of illegal 88 00:04:23,640 --> 00:04:26,520 Speaker 1: aliens who were apprehended our southern border in both February 89 00:04:26,600 --> 00:04:29,720 Speaker 1: and March of twenty twenty five were twenty two thousand, 90 00:04:30,279 --> 00:04:33,960 Speaker 1: seven hundred and twenty six. That's according to the Border Patrol. 91 00:04:34,240 --> 00:04:37,839 Speaker 1: Those are both during months that Trump was fully president, 92 00:04:38,000 --> 00:04:40,320 Speaker 1: so he was fully in charged. Twenty two thousand, seven 93 00:04:40,440 --> 00:04:43,880 Speaker 1: hundred and twenty six aliens apprehended at the border, with 94 00:04:44,120 --> 00:04:47,799 Speaker 1: very very very few being released. In the year prior 95 00:04:48,320 --> 00:04:51,440 Speaker 1: February and March twenty twenty four, when Biden was still president, 96 00:04:51,560 --> 00:04:54,320 Speaker 1: seventy two illegal aliens came to our southern border, with 97 00:04:54,480 --> 00:04:57,640 Speaker 1: many being released into the interior of the United States. 98 00:04:57,880 --> 00:05:00,000 Speaker 1: So just by enforcement the law already in the books, 99 00:05:00,080 --> 00:05:01,919 Speaker 1: but Trump did not get any new laws. When it 100 00:05:01,960 --> 00:05:04,039 Speaker 1: comes to the border, you just use the laws that 101 00:05:04,080 --> 00:05:06,440 Speaker 1: are currently on the books. President Trump has saw a 102 00:05:06,560 --> 00:05:10,719 Speaker 1: ninety four percent reduction of border crossings over a one 103 00:05:10,800 --> 00:05:15,440 Speaker 1: year period. It is truly remarkable. He proved we did 104 00:05:15,440 --> 00:05:18,039 Speaker 1: not need new laws, We just needed a president and 105 00:05:18,200 --> 00:05:21,440 Speaker 1: political will power to s that they're enforced the current laws. Now, 106 00:05:21,440 --> 00:05:23,760 Speaker 1: we signed a number of executive orders on I leege immigration, 107 00:05:23,880 --> 00:05:27,520 Speaker 1: most notably ending birthright citizenship for illegal aliens and temporary 108 00:05:27,600 --> 00:05:30,960 Speaker 1: visa holders, DNA testing of illegal aliens to say third 109 00:05:30,960 --> 00:05:36,400 Speaker 1: country agreements remain in Mexico, ending catcher release holding refugee resettlement, 110 00:05:36,520 --> 00:05:41,440 Speaker 1: canceling Joe Biden's absolutely ridiculous CHNV program, which would have 111 00:05:41,520 --> 00:05:45,320 Speaker 1: protected migrants from Cuba, Haiti, Nicaragua, and Venezuela from being 112 00:05:45,360 --> 00:05:48,720 Speaker 1: deported while they applied for asylum, and he used the 113 00:05:48,960 --> 00:05:52,200 Speaker 1: Alien Enemies Act to deport gang members and send them 114 00:05:52,200 --> 00:05:54,920 Speaker 1: to a maximum security prison in Al Salvador. Now, most 115 00:05:54,920 --> 00:05:57,120 Speaker 1: of these executive orders are tied up in litigation with 116 00:05:57,279 --> 00:06:01,440 Speaker 1: district court judges giving an unprecedented amount of nationwide injunctions, 117 00:06:01,440 --> 00:06:04,200 Speaker 1: more than any president in history, and I believe actually 118 00:06:04,240 --> 00:06:07,600 Speaker 1: almost as many if not more than all the nationwide 119 00:06:07,600 --> 00:06:11,599 Speaker 1: injunctions among every president in history combined. Very few have 120 00:06:11,680 --> 00:06:13,359 Speaker 1: made their way up to the Supreme Court so far. 121 00:06:13,520 --> 00:06:17,239 Speaker 1: Some are slowly making their way. The executive order over birthright, 122 00:06:17,320 --> 00:06:20,880 Speaker 1: citizenship or arguments begin or in mid May, so we'll 123 00:06:20,920 --> 00:06:23,000 Speaker 1: have to wait and see. We'll see how many of 124 00:06:23,040 --> 00:06:26,120 Speaker 1: these executive orders are given the green light by SCOTUS, 125 00:06:26,400 --> 00:06:30,360 Speaker 1: how President Trump handles the decision, how he continues to 126 00:06:30,400 --> 00:06:35,359 Speaker 1: execute his executive authority. Definitely, Stephen Miller has shown that 127 00:06:35,360 --> 00:06:38,400 Speaker 1: he's committed to the project of mass deportation, which Trump 128 00:06:38,440 --> 00:06:41,400 Speaker 1: promised during the campaign, and he's using every available law 129 00:06:41,440 --> 00:06:42,280 Speaker 1: at his disposal. 130 00:06:43,080 --> 00:06:43,159 Speaker 2: Now. 131 00:06:43,240 --> 00:06:45,360 Speaker 1: While it's difficult to get an exact reading of how 132 00:06:45,400 --> 00:06:48,320 Speaker 1: many illegal aliens currently are in the country, that in 133 00:06:48,360 --> 00:06:51,680 Speaker 1: the country that we're currently deported, these are called removals 134 00:06:51,680 --> 00:06:55,080 Speaker 1: by ICE. As of March nineteenth, which is the last 135 00:06:55,120 --> 00:06:58,400 Speaker 1: available day that they gave a hard number, they're supposed 136 00:06:58,440 --> 00:07:00,440 Speaker 1: to be another one in the next few days as 137 00:07:00,440 --> 00:07:04,040 Speaker 1: of this recording, but President Trump removed twenty eight thousand 138 00:07:04,120 --> 00:07:07,599 Speaker 1: illegal aliens from the interior of the United States from 139 00:07:07,720 --> 00:07:10,600 Speaker 1: his time in office on January twentieth until March nineteenth. 140 00:07:10,880 --> 00:07:14,560 Speaker 1: Here's where the data gets tricky. Donald Trump is outpacing 141 00:07:14,680 --> 00:07:17,280 Speaker 1: Joe Biden when it comes to removals people that are 142 00:07:17,320 --> 00:07:19,920 Speaker 1: in the country that he is arresting with ICE and 143 00:07:19,960 --> 00:07:23,440 Speaker 1: deporting that are leaving the country. But the media can 144 00:07:23,520 --> 00:07:26,840 Speaker 1: categorize it and has categorized it by saying that actually 145 00:07:26,880 --> 00:07:31,720 Speaker 1: he lacks Biden because but ICE also is responsible for 146 00:07:31,720 --> 00:07:34,920 Speaker 1: removing illegal aliens detained at the border. Well, as I 147 00:07:34,960 --> 00:07:38,600 Speaker 1: said before, Trump's law enforcing the laws on the books 148 00:07:38,600 --> 00:07:41,720 Speaker 1: has caused border crossings to drop by ninety four percent, 149 00:07:42,080 --> 00:07:45,520 Speaker 1: so there are fewer illegal aliens to remove crossing the 150 00:07:45,560 --> 00:07:49,119 Speaker 1: border to begin with. You could make the argument that 151 00:07:49,440 --> 00:07:53,280 Speaker 1: Biden deported more people. It's a argument not based completely 152 00:07:53,280 --> 00:07:56,120 Speaker 1: in truth. It's an argument used to push a narrative. 153 00:07:56,640 --> 00:07:58,800 Speaker 1: But I mean, there's there are some facts into it. 154 00:07:58,840 --> 00:08:03,040 Speaker 1: But when you really have to look is interior deportations. 155 00:08:03,400 --> 00:08:08,400 Speaker 1: Interior deportations, and when it comes to interior deportations, Trump 156 00:08:08,560 --> 00:08:13,040 Speaker 1: is absolutely outpacing Joe Biden. In the first seven weeks, 157 00:08:13,120 --> 00:08:16,960 Speaker 1: ICE also arrested forty eight thousand illegal aliens living in 158 00:08:17,000 --> 00:08:18,840 Speaker 1: the interior of the United States and put them into 159 00:08:18,920 --> 00:08:22,800 Speaker 1: tention centers that is a thirty percent increase compared to 160 00:08:22,800 --> 00:08:25,600 Speaker 1: the year prior. So no matter what the media says, 161 00:08:25,760 --> 00:08:30,560 Speaker 1: interior deportations interior enforcement under President Trump are up compared 162 00:08:30,680 --> 00:08:34,720 Speaker 1: to his predecessor. And lastly, let's talk about trade. Just 163 00:08:34,760 --> 00:08:36,680 Speaker 1: a few weeks ago, President Trump announced that it was 164 00:08:36,760 --> 00:08:39,199 Speaker 1: Liberation Day from the Rose Garden and that he announced 165 00:08:39,240 --> 00:08:42,280 Speaker 1: tariffs on dozens of countries as well as a blanket 166 00:08:42,320 --> 00:08:45,160 Speaker 1: ten percent tariff on all products entering the United States. 167 00:08:45,400 --> 00:08:48,400 Speaker 1: And to say it went less well than expected as 168 00:08:48,440 --> 00:08:51,480 Speaker 1: an understatement. Now, of all the issues Trump has campaigned 169 00:08:51,480 --> 00:08:53,800 Speaker 1: on over the last decade, nothing means more to him 170 00:08:53,800 --> 00:08:56,440 Speaker 1: than trade and balances and the trade deficit. He has 171 00:08:56,480 --> 00:09:00,400 Speaker 1: spoken about this going back to before I was born. 172 00:09:00,640 --> 00:09:02,760 Speaker 1: I mean, he's talked about this for decades, that he 173 00:09:02,840 --> 00:09:06,040 Speaker 1: wants to rebalance how we do trade. So here he is, 174 00:09:06,120 --> 00:09:08,600 Speaker 1: during his second term, doing exactly what he's always wanted 175 00:09:08,640 --> 00:09:12,120 Speaker 1: to do. Ten percent tariff on all important goods, increased 176 00:09:12,160 --> 00:09:14,960 Speaker 1: tariffs on some countries that have tariffs on American goods 177 00:09:14,960 --> 00:09:17,920 Speaker 1: they're called retaliatory tariffs. And at one hundred and forty 178 00:09:17,920 --> 00:09:21,520 Speaker 1: five percent tariff on all goods from China. I've talked 179 00:09:21,559 --> 00:09:23,520 Speaker 1: a lot on this podcast of why I think it's 180 00:09:23,559 --> 00:09:27,280 Speaker 1: important to try to reshore American manufacturing. I can't understand 181 00:09:27,920 --> 00:09:32,520 Speaker 1: how did the administration only tackle remasturing manufacturing from just 182 00:09:33,000 --> 00:09:35,640 Speaker 1: the tariff perspective. I've said constantly, I've wrote about this, 183 00:09:35,720 --> 00:09:38,800 Speaker 1: how federal contracts are a really important part of the 184 00:09:38,880 --> 00:09:41,320 Speaker 1: narrative that I don't think the administration is used enough of. 185 00:09:41,640 --> 00:09:44,480 Speaker 1: It's also daunting to try to understand and find the 186 00:09:44,640 --> 00:09:48,280 Speaker 1: reasoning and the end goal behind these tariffs. Depending on 187 00:09:48,280 --> 00:09:50,400 Speaker 1: who you're listening to, whether it be Peter Navarro or 188 00:09:50,400 --> 00:09:54,680 Speaker 1: Commerce Secretary Lutnik or Treasury Secretary best Set, you're hearing 189 00:09:54,760 --> 00:09:59,320 Speaker 1: different things. If anything, the biggest problem of the latter 190 00:09:59,360 --> 00:10:02,599 Speaker 1: part of the Trump's one hundred days of this administration 191 00:10:03,080 --> 00:10:05,400 Speaker 1: is that they haven't been on the same page of times, 192 00:10:05,480 --> 00:10:09,719 Speaker 1: leading into complicating and sometimes worrying effects in the economy. 193 00:10:09,920 --> 00:10:12,640 Speaker 1: The tariffs have caused a lot of volatility, with the 194 00:10:12,720 --> 00:10:15,640 Speaker 1: value of the dollar decreasing, the Dow Jones, the NASDAK, 195 00:10:15,640 --> 00:10:17,640 Speaker 1: and the S and P five hundred all losing about 196 00:10:17,679 --> 00:10:19,920 Speaker 1: ten percent of their value since the day that Trump 197 00:10:19,960 --> 00:10:22,680 Speaker 1: was sworn into office. Now, the volatility and the fear 198 00:10:22,679 --> 00:10:26,439 Speaker 1: of tariffs have also worked in Trump's favor. This sort 199 00:10:26,440 --> 00:10:30,720 Speaker 1: of sort of Madman approach to economic policy was successful 200 00:10:30,720 --> 00:10:33,600 Speaker 1: in getting some companies to announced that they're bringing manufacturing back. 201 00:10:33,840 --> 00:10:38,360 Speaker 1: According to CBS News, Johnson and Johnson Abbott Laboratories, Apple, Shabani, 202 00:10:38,720 --> 00:10:45,240 Speaker 1: Crazy Art, Honda, Hondai, Roachi, Navidia, and TSMC all announced 203 00:10:45,440 --> 00:10:49,360 Speaker 1: multi billion dollar plans to bring manufacturing back into the 204 00:10:49,400 --> 00:10:52,120 Speaker 1: United States because the fear of tariffs, so they're going 205 00:10:52,200 --> 00:10:54,400 Speaker 1: to start making some stuff in America. That part is 206 00:10:54,440 --> 00:10:56,800 Speaker 1: a win, even though it's been very messy and the 207 00:10:56,840 --> 00:10:59,960 Speaker 1: stock market has been veried down and sellectible. You know, 208 00:11:00,320 --> 00:11:02,600 Speaker 1: tons of bad stories with this administration. Now. While I 209 00:11:02,600 --> 00:11:05,000 Speaker 1: think trade, immigration, does are the biggest parts of his 210 00:11:05,040 --> 00:11:08,360 Speaker 1: first one hundred days, they're the issues that define it 211 00:11:08,440 --> 00:11:10,840 Speaker 1: in the media and to a lot of voters, they're 212 00:11:10,840 --> 00:11:13,760 Speaker 1: not the only things he's tackles. He's improved military recruitment 213 00:11:13,800 --> 00:11:16,360 Speaker 1: and retention rates. He's been working on this piece deal 214 00:11:16,400 --> 00:11:19,040 Speaker 1: with Ukraine and Russia. Let's see where that goes. He's 215 00:11:19,040 --> 00:11:22,679 Speaker 1: pushed Arnato allies to increase more spending and defense, and 216 00:11:22,760 --> 00:11:24,880 Speaker 1: he's working on his tax policy. It's probably going to 217 00:11:24,920 --> 00:11:28,120 Speaker 1: be the most significant piece of legislation during his term 218 00:11:28,160 --> 00:11:30,200 Speaker 1: in office is this new tax till he's working on, 219 00:11:30,280 --> 00:11:32,360 Speaker 1: no tax on tips, and no tax on social Security, 220 00:11:32,760 --> 00:11:35,520 Speaker 1: possibly a millionaire's tax. I mean, who knows. If there's 221 00:11:35,679 --> 00:11:38,840 Speaker 1: anything though that I've been surprised by in Trump's first 222 00:11:38,880 --> 00:11:42,120 Speaker 1: one hundred days is He's made actually no judicial appointments. 223 00:11:42,240 --> 00:11:45,480 Speaker 1: He's not a single one. Remember during first Trump's first term, 224 00:11:45,760 --> 00:11:49,720 Speaker 1: he was breaking numbers, breaking records as far as judicial appointments, 225 00:11:49,760 --> 00:11:53,560 Speaker 1: and so far he has appointed exactly zero people to 226 00:11:53,600 --> 00:11:56,880 Speaker 1: the federal judiciary, despite there being forty five vacancies on 227 00:11:56,960 --> 00:11:59,840 Speaker 1: federal courts, three in the appellate court, and forty two 228 00:12:00,160 --> 00:12:02,800 Speaker 1: in district courts. So, with all this information I just 229 00:12:02,840 --> 00:12:04,760 Speaker 1: gave you, how does this affect him in the eyes 230 00:12:04,800 --> 00:12:06,720 Speaker 1: of voters? How does this affect him in the polls? 231 00:12:07,240 --> 00:12:10,520 Speaker 1: According to the Real Clear Politics polling average, Trump's approval 232 00:12:10,520 --> 00:12:13,240 Speaker 1: writing in April from April seventh to April twenty third 233 00:12:13,520 --> 00:12:16,840 Speaker 1: stands at forty six point one percent, while his disapproval 234 00:12:16,920 --> 00:12:19,800 Speaker 1: number is at fifty one point six percent. Of course, 235 00:12:19,880 --> 00:12:22,360 Speaker 1: not all polls are created equally, and I'm looking only 236 00:12:22,360 --> 00:12:27,480 Speaker 1: at certain high quality pollings that give their cross tabs 237 00:12:27,600 --> 00:12:30,960 Speaker 1: or the crosstabs available to the public. That's really important 238 00:12:30,960 --> 00:12:36,480 Speaker 1: to me. I'm looking primarily at Signal, Pew Research, Fox News, Atlas, Intel, 239 00:12:36,559 --> 00:12:41,040 Speaker 1: and CBS. The narrative is basically the same. Americans are 240 00:12:41,040 --> 00:12:45,000 Speaker 1: pretty mixed on Doge. They're very unhappy about tariffs, they're 241 00:12:45,120 --> 00:12:47,560 Speaker 1: very work with the economy, and they are very much 242 00:12:47,559 --> 00:12:49,559 Speaker 1: giving him the thumbs up when it comes to immigration, 243 00:12:49,679 --> 00:12:52,600 Speaker 1: although they do want him to listen to court orders 244 00:12:52,640 --> 00:12:55,679 Speaker 1: when it comes to people who are deported under stranger 245 00:12:55,720 --> 00:12:58,800 Speaker 1: circumstances or there's a lot of litigation over it, but 246 00:12:58,960 --> 00:13:03,680 Speaker 1: overall the port mass deportation. But among these major polishers 247 00:13:03,720 --> 00:13:06,840 Speaker 1: with cross taps open, Trump has a forty five percent 248 00:13:06,840 --> 00:13:09,800 Speaker 1: of crole rating. It stands at fifty percent with men, 249 00:13:10,160 --> 00:13:13,640 Speaker 1: forty percent with women fifty percent, with white voters twenty 250 00:13:13,679 --> 00:13:17,199 Speaker 1: one percent, with black voters forty percent, with Latinos forty 251 00:13:17,240 --> 00:13:21,000 Speaker 1: six percent, with seniors thirty seven percent, with voters under thirty, 252 00:13:21,400 --> 00:13:24,720 Speaker 1: forty three percent among voters with a college degree, forty 253 00:13:24,800 --> 00:13:27,800 Speaker 1: eight percent of those without a college degree, and thirty 254 00:13:27,840 --> 00:13:32,640 Speaker 1: six percent among independents. That isn't wonderful when it comes 255 00:13:32,640 --> 00:13:36,480 Speaker 1: to swing voters, especially for Republicans going to the next 256 00:13:36,559 --> 00:13:39,080 Speaker 1: year's midterm. He's going to have to increase those numbers 257 00:13:39,160 --> 00:13:42,080 Speaker 1: big time and try to get some stability in the 258 00:13:42,080 --> 00:13:44,839 Speaker 1: economy and get the economy growing again. That will be 259 00:13:44,880 --> 00:13:49,360 Speaker 1: a major point of contention for congressional Republicans going into 260 00:13:49,400 --> 00:13:52,560 Speaker 1: the midterms and President Trump now once once again, they 261 00:13:52,559 --> 00:13:55,680 Speaker 1: aren't great numbers with swing voters, but among Trump's base, 262 00:13:56,200 --> 00:14:00,920 Speaker 1: they are extremely loyal. Almost no Trump voters are sitting 263 00:14:00,960 --> 00:14:04,160 Speaker 1: there and saying I made a mistake. It's very, very 264 00:14:04,240 --> 00:14:07,960 Speaker 1: high retention among his base, which Trump has kept. He's 265 00:14:08,000 --> 00:14:09,959 Speaker 1: kept that for almost a decade at this point. He's 266 00:14:10,040 --> 00:14:13,319 Speaker 1: kept his base together through thick and thin, and that 267 00:14:13,480 --> 00:14:16,320 Speaker 1: is enough to keep him in office and to wield 268 00:14:16,480 --> 00:14:19,520 Speaker 1: significant influence over the party. And when it comes to 269 00:14:19,680 --> 00:14:22,720 Speaker 1: keeping the promises he made to those voters, Trump's done 270 00:14:22,720 --> 00:14:24,760 Speaker 1: a pretty good job in the first one hundred days. 271 00:14:25,200 --> 00:14:29,280 Speaker 1: Mark Puto, a brilliant journalist from Axios, is my guess 272 00:14:29,320 --> 00:14:31,040 Speaker 1: he's up next. We're going to talk about the first 273 00:14:31,040 --> 00:14:33,920 Speaker 1: one hundred days, what these policies mean, and what it's 274 00:14:33,920 --> 00:14:36,760 Speaker 1: looking like in Trump's first one hundred days, his legacy 275 00:14:36,840 --> 00:14:42,480 Speaker 1: and the upcoming midterms, Stay tuned. Our guest this week 276 00:14:42,560 --> 00:14:45,760 Speaker 1: is my buddy Mark Puto. He is a brilliant reporter 277 00:14:45,800 --> 00:14:47,640 Speaker 1: from Axios. Mark, thank you for being on. 278 00:14:49,440 --> 00:14:51,200 Speaker 2: Owe you money for that kind introduction. 279 00:14:51,400 --> 00:14:53,680 Speaker 1: Now, Mark, you are one of the best in the business. 280 00:14:53,760 --> 00:14:59,680 Speaker 1: So April thirtieth is Trump's one hundredth day in office. 281 00:15:00,320 --> 00:15:03,720 Speaker 1: How would you characterize his first one hundred days. 282 00:15:03,840 --> 00:15:07,280 Speaker 2: I would divide it in half. There was and I 283 00:15:07,320 --> 00:15:09,760 Speaker 2: should count the number of days to have a better 284 00:15:10,040 --> 00:15:13,560 Speaker 2: specific answer, But there was the Trump administration up until 285 00:15:13,600 --> 00:15:17,160 Speaker 2: Liberation Day, and then there was Liberation Day. On Liberation 286 00:15:17,280 --> 00:15:20,800 Speaker 2: Day being that period where he's like okay, tariff time 287 00:15:21,160 --> 00:15:23,560 Speaker 2: and that's where things got really chopd well. 288 00:15:23,640 --> 00:15:25,800 Speaker 1: I say it's over three issues. Has been the first 289 00:15:25,800 --> 00:15:28,680 Speaker 1: one hundred days. There was the doge, which was the first, 290 00:15:29,320 --> 00:15:32,640 Speaker 1: which was the first apocalypsecorning the media. Then there was 291 00:15:33,640 --> 00:15:36,800 Speaker 1: immigration enforcement, which is the second, and then the tariffs 292 00:15:36,840 --> 00:15:39,240 Speaker 1: were the third. That's the three headed apocalypse of the 293 00:15:39,240 --> 00:15:42,400 Speaker 1: Trump administration's first one hundred days. Some more successful than 294 00:15:42,440 --> 00:15:46,960 Speaker 1: the others. Doge it looks like when they have hard 295 00:15:47,040 --> 00:15:50,760 Speaker 1: numbers of what actually saved save about fifty seven billion dollars, 296 00:15:50,800 --> 00:15:54,760 Speaker 1: not a small amount in my opinion, but far less 297 00:15:54,840 --> 00:15:57,480 Speaker 1: than what everyone was saying was going to happen. 298 00:15:57,760 --> 00:16:00,600 Speaker 2: Like Elon Musk talking about two trillion trillion and one 299 00:16:00,640 --> 00:16:04,440 Speaker 2: hundred and fifty billion. Yeah, yeah, that's that's most. 300 00:16:04,920 --> 00:16:08,600 Speaker 1: Most hundred billion is un itemized deductions that they don't 301 00:16:08,680 --> 00:16:11,600 Speaker 1: know where he's talking about it from. So, but fifty 302 00:16:11,640 --> 00:16:14,640 Speaker 1: seven billion is a hard number. He is announced on 303 00:16:14,680 --> 00:16:17,280 Speaker 1: Tuesday he's stepping away from the daily data day activities. 304 00:16:17,320 --> 00:16:23,560 Speaker 1: Dose is supposed to sunset in July fourth, twenty twenty six. Overall, 305 00:16:23,840 --> 00:16:28,400 Speaker 1: I don't know if it's if it's left the impression 306 00:16:28,440 --> 00:16:30,200 Speaker 1: the legacy it was supposed to do, and I don't 307 00:16:30,240 --> 00:16:32,720 Speaker 1: know if it's an overwhelming success. I kind of are 308 00:16:32,760 --> 00:16:35,200 Speaker 1: on the side of it's probably more more or less not. 309 00:16:36,720 --> 00:16:39,960 Speaker 2: It has all of the quality of over promising and 310 00:16:40,040 --> 00:16:43,320 Speaker 2: under delivering, right with an added dose of sort of 311 00:16:43,880 --> 00:16:46,720 Speaker 2: kind of the chaos on top of it. Well, when 312 00:16:46,720 --> 00:16:48,600 Speaker 2: you talk about the three headed monster, I mean two 313 00:16:48,600 --> 00:16:50,880 Speaker 2: of those I generally kind of ignore because to your point, 314 00:16:50,960 --> 00:16:54,200 Speaker 2: those were sort of mainstream media freak ass, right, they 315 00:16:54,200 --> 00:16:59,400 Speaker 2: didn't really get into the public mind, to the public pocketbook. 316 00:17:00,280 --> 00:17:04,919 Speaker 2: When the stock markets started going sort of haywire with 317 00:17:05,400 --> 00:17:10,960 Speaker 2: the Trump tariffs and the mixed messaging and the two 318 00:17:10,960 --> 00:17:13,720 Speaker 2: steps forward, one step back, another step to the side 319 00:17:14,880 --> 00:17:17,680 Speaker 2: that was different up until that point. One of the 320 00:17:17,720 --> 00:17:19,840 Speaker 2: folks at the White House I had spoken to talked 321 00:17:19,840 --> 00:17:21,960 Speaker 2: about how they kept a calendar and they were happy, 322 00:17:22,000 --> 00:17:24,560 Speaker 2: and they said, every day, you know, I put either 323 00:17:24,600 --> 00:17:29,200 Speaker 2: a W you know when, loss or a draw. And 324 00:17:29,640 --> 00:17:31,800 Speaker 2: at first it was just all WS. Now I haven't 325 00:17:31,800 --> 00:17:34,800 Speaker 2: spoken to them again, but there have been far fewer 326 00:17:34,960 --> 00:17:40,200 Speaker 2: wus since the tariff situation in drama has taken over. 327 00:17:40,440 --> 00:17:42,880 Speaker 1: Well, I would say that dose is kind of I mean, 328 00:17:43,000 --> 00:17:45,119 Speaker 1: I guess fifty seven billions thirty seven billion is not 329 00:17:45,200 --> 00:17:48,280 Speaker 1: a loss, but it's not what they promised. On immigration, 330 00:17:48,560 --> 00:17:53,240 Speaker 1: interior deportations far exceed Joe Biden's thirty percent increase of 331 00:17:53,280 --> 00:17:57,200 Speaker 1: people detained. When they say that the deportations were higher 332 00:17:57,280 --> 00:17:59,600 Speaker 1: under Biden, they're including people who were returned away at 333 00:17:59,640 --> 00:18:02,160 Speaker 1: the border. Will Since there's been a ninety six percent 334 00:18:02,240 --> 00:18:05,760 Speaker 1: reduction of border apprehensions, which is the actual amount of 335 00:18:05,760 --> 00:18:10,080 Speaker 1: it was like ninety five point nine percent reduction, there 336 00:18:10,119 --> 00:18:12,560 Speaker 1: are less people to turn away at the border. Therefore, 337 00:18:14,400 --> 00:18:17,320 Speaker 1: if you look at just interior enforcement, that number is 338 00:18:17,400 --> 00:18:23,560 Speaker 1: up significantly. What I and we'll see what happens when 339 00:18:23,560 --> 00:18:27,240 Speaker 1: it comes to the actual deportations of all these executive orders, 340 00:18:27,240 --> 00:18:31,000 Speaker 1: and the big gem, in my opinion, the big big prize, 341 00:18:31,000 --> 00:18:33,080 Speaker 1: if he could get, is the Supreme Court ruling on 342 00:18:33,560 --> 00:18:37,360 Speaker 1: birthright citizenship for non citizens, for illegal aliens and temporary 343 00:18:37,440 --> 00:18:39,840 Speaker 1: vise holders. That will be the if he can get that. 344 00:18:39,920 --> 00:18:41,240 Speaker 1: I don't know if he will be able to, but 345 00:18:41,320 --> 00:18:44,760 Speaker 1: if he can, it will be the biggest victory I 346 00:18:44,840 --> 00:18:47,000 Speaker 1: think on the right when it comes to immigration. And 347 00:18:47,280 --> 00:18:50,399 Speaker 1: I don't even know since Eisenhower, it's a long time. 348 00:18:51,600 --> 00:18:53,760 Speaker 2: Yeah, I find it hard to believe. I'm not a 349 00:18:53,800 --> 00:18:57,320 Speaker 2: constitutional scholar, but when I read the plane language the 350 00:18:57,320 --> 00:19:01,520 Speaker 2: fourteenth Amendment, it's hard for me to see how the 351 00:19:01,520 --> 00:19:03,720 Speaker 2: Court is going to side with the president. I understand 352 00:19:03,760 --> 00:19:08,440 Speaker 2: there are these other are these historical readings, historic historical 353 00:19:08,480 --> 00:19:11,320 Speaker 2: or historical historical? That is, at the time they were 354 00:19:11,320 --> 00:19:14,840 Speaker 2: talking about slaves, they weren't talking about immigrants. Today's immigration 355 00:19:15,359 --> 00:19:17,920 Speaker 2: is different now than it was then. Essentially didn't exist 356 00:19:17,920 --> 00:19:21,520 Speaker 2: back then. But to the degree the Supreme Court is 357 00:19:21,520 --> 00:19:24,120 Speaker 2: a political body, and I think all bodies are political 358 00:19:24,119 --> 00:19:26,320 Speaker 2: bodies to a degree when they have human beings on them, 359 00:19:26,600 --> 00:19:35,760 Speaker 2: especially those in the government process. Trump's legal team and 360 00:19:35,920 --> 00:19:40,760 Speaker 2: his administration have increasingly sort of picked fights with the 361 00:19:40,800 --> 00:19:45,000 Speaker 2: courts that it might not needed to have picked. And 362 00:19:45,080 --> 00:19:49,679 Speaker 2: so I think it's fair to say that if and 363 00:19:49,720 --> 00:19:53,320 Speaker 2: I'm using a lot of weasel words, if there was 364 00:19:53,320 --> 00:19:55,440 Speaker 2: sort of some goodwill before where it's like, oh, let's 365 00:19:55,480 --> 00:19:57,439 Speaker 2: give them the benefit of the doubt, I think some 366 00:19:57,560 --> 00:20:03,720 Speaker 2: of that's exhausted with all but the really hardcore conservatives 367 00:20:03,760 --> 00:20:04,600 Speaker 2: on the Supreme Court. 368 00:20:04,640 --> 00:20:07,440 Speaker 1: Why is it because of the not listening to the 369 00:20:07,520 --> 00:20:10,399 Speaker 1: lower course decisions on border on deportations. 370 00:20:10,760 --> 00:20:15,440 Speaker 2: I think so. Yeah, And remember Roberts. Justice Roberts took 371 00:20:15,480 --> 00:20:20,800 Speaker 2: that sort of extraordinary step of kind of rebuke might 372 00:20:20,840 --> 00:20:22,520 Speaker 2: be too strong a verb, but you know, sort of 373 00:20:22,520 --> 00:20:26,000 Speaker 2: telling Trump like, hey, you know, back off criticizing these 374 00:20:26,080 --> 00:20:29,200 Speaker 2: judges just for doing their jobs. I think that that 375 00:20:29,320 --> 00:20:34,160 Speaker 2: was notable. That having been said, I do think that 376 00:20:34,200 --> 00:20:35,760 Speaker 2: they are going to be able to get a number 377 00:20:35,800 --> 00:20:40,080 Speaker 2: of victories out of the court on immigration. Regarding you know, 378 00:20:40,119 --> 00:20:46,560 Speaker 2: the big case Kilmar Abrigo Garcia. The the Supreme Court 379 00:20:46,600 --> 00:20:51,480 Speaker 2: has already signified its discomfort in telling having the judicial 380 00:20:51,520 --> 00:20:56,520 Speaker 2: branch tell the executive branch, Hey, uh, we're going to 381 00:20:56,560 --> 00:20:58,919 Speaker 2: tell you how to conduct foreign policy now that this 382 00:20:59,040 --> 00:21:03,920 Speaker 2: guy is overseas. It's a really messy case. My conspiracy 383 00:21:03,960 --> 00:21:06,360 Speaker 2: minded hat and when I wear it makes me think 384 00:21:06,400 --> 00:21:10,399 Speaker 2: that maybe they chose this case for a reason, but 385 00:21:10,760 --> 00:21:13,000 Speaker 2: it's probably a little more organic. My guess is there 386 00:21:13,000 --> 00:21:15,720 Speaker 2: was an Ice agent in Maryland, in the Baltimore area 387 00:21:16,280 --> 00:21:19,800 Speaker 2: who knew Kilmar, who wanted to get him. And now 388 00:21:19,840 --> 00:21:20,920 Speaker 2: that there's you know, the. 389 00:21:20,880 --> 00:21:25,639 Speaker 3: Trump regime, the Trump administration's back, they're like, okay, buddy, 390 00:21:25,680 --> 00:21:26,440 Speaker 3: we're gonna get you. 391 00:21:26,840 --> 00:21:29,040 Speaker 2: And so they got him. They got Killmar in the system. 392 00:21:29,440 --> 00:21:31,640 Speaker 2: Now it's a question did someone actually know that there 393 00:21:31,720 --> 00:21:34,080 Speaker 2: was a deep a withhold on deporting him to El 394 00:21:34,200 --> 00:21:37,160 Speaker 2: Salvador or not. I'm not sure. But the bottom line 395 00:21:37,280 --> 00:21:41,200 Speaker 2: is is that he was deported to El Salvador unlawfully 396 00:21:41,359 --> 00:21:43,840 Speaker 2: or in violation of court order. And now here we 397 00:21:43,880 --> 00:21:44,720 Speaker 2: are right. 398 00:21:44,760 --> 00:21:48,159 Speaker 1: I mean, it's just and this is I guess it's 399 00:21:48,200 --> 00:21:51,439 Speaker 1: a bigger conversation then we can afford. And I'm not 400 00:21:51,480 --> 00:21:55,080 Speaker 1: a legal brain either, but I just I think that 401 00:21:55,480 --> 00:21:57,959 Speaker 1: I think when they give the courts give these temporary 402 00:21:58,000 --> 00:22:03,000 Speaker 1: protections from deportation out of fear or intimidation, and then 403 00:22:03,040 --> 00:22:06,040 Speaker 1: that that that what would have caused fear for your 404 00:22:06,080 --> 00:22:10,840 Speaker 1: life has has ended. In the case of of of this, 405 00:22:11,080 --> 00:22:14,880 Speaker 1: of the of the Maryland man is this rival gang? 406 00:22:14,880 --> 00:22:17,240 Speaker 1: The rival gang doesn't exist anymore, So what is your 407 00:22:17,280 --> 00:22:21,199 Speaker 1: fear at a deportation anymore? And that's I mean predates this. 408 00:22:21,280 --> 00:22:23,199 Speaker 1: There were cases like in Honduras where there was an 409 00:22:23,240 --> 00:22:26,240 Speaker 1: earthquake and people were here for twenty something years out 410 00:22:26,280 --> 00:22:28,280 Speaker 1: of fear for their life, or an earthquake on a 411 00:22:28,320 --> 00:22:29,560 Speaker 1: temporary protector. 412 00:22:29,320 --> 00:22:31,720 Speaker 2: So earthquaker was a hurricane Mitch. 413 00:22:32,200 --> 00:22:34,399 Speaker 1: I was Hurricane Mitch. That was it? Yeah, but it 414 00:22:34,440 --> 00:22:37,200 Speaker 1: was twenty something years ago and they were still here 415 00:22:37,280 --> 00:22:40,200 Speaker 1: on a temporary protecting status over a hurricane from twenty 416 00:22:40,280 --> 00:22:41,560 Speaker 1: years ago, right. 417 00:22:41,640 --> 00:22:43,160 Speaker 2: I mean, it just goes to show that a lot 418 00:22:43,200 --> 00:22:46,160 Speaker 2: of things, once once they're called temporary, really aren't temporary. 419 00:22:46,640 --> 00:22:49,080 Speaker 2: There is, of course, the media coverage angle of this. 420 00:22:49,880 --> 00:22:53,280 Speaker 2: The the a lot of people in mainstream media are 421 00:22:53,400 --> 00:22:57,320 Speaker 2: elighting some of the more complicating aspects of a Brago 422 00:22:57,359 --> 00:23:01,800 Speaker 2: Garcia's story. If the reports out of Tennessee are true, 423 00:23:02,480 --> 00:23:08,240 Speaker 2: where he was stopped driving a vehicle of a guy 424 00:23:08,320 --> 00:23:11,920 Speaker 2: who had been busted for human smuggling, and he had 425 00:23:11,960 --> 00:23:14,840 Speaker 2: a bunch of people in the car he wasn't related to, 426 00:23:15,160 --> 00:23:18,960 Speaker 2: who all gave the same address that he did. Like, well, 427 00:23:20,000 --> 00:23:22,600 Speaker 2: maybe we should look at whether or not the Fed's 428 00:23:22,640 --> 00:23:25,919 Speaker 2: got it right that this guy was engaged in. 429 00:23:27,720 --> 00:23:32,680 Speaker 4: Unlawful activities if you, I mean, by the left making 430 00:23:32,760 --> 00:23:36,719 Speaker 4: him the face the poster boy of the perfect illegal 431 00:23:36,720 --> 00:23:38,200 Speaker 4: immigant who should never have been deported. 432 00:23:38,600 --> 00:23:42,639 Speaker 1: If it goes left and there is you know, a 433 00:23:42,720 --> 00:23:46,840 Speaker 1: literal or figurative body in the closet, it's a real 434 00:23:46,920 --> 00:23:50,960 Speaker 1: problem for Democrats. It kind of undermines their entire argument 435 00:23:51,040 --> 00:23:54,399 Speaker 1: for any stopping any future deportations under President Trump. So 436 00:23:55,400 --> 00:24:00,200 Speaker 1: but overall, on illegal immigration, Trump has been more a 437 00:24:00,200 --> 00:24:03,000 Speaker 1: pretty big win overall successful by far. 438 00:24:03,359 --> 00:24:06,080 Speaker 2: I mean, he's delivering on by large on what he said. 439 00:24:06,520 --> 00:24:09,879 Speaker 2: I haven't even said. I do understand that the civil 440 00:24:09,880 --> 00:24:12,280 Speaker 2: libertarian argument that you know, a court order is a 441 00:24:12,320 --> 00:24:14,720 Speaker 2: court order and you shouldn't violate it, even if I'm. 442 00:24:14,600 --> 00:24:17,399 Speaker 1: Not yeah, I'm not I'm not making I'm not giving 443 00:24:18,359 --> 00:24:22,920 Speaker 1: I'm just saying. I'm saying as far as promises to voters, 444 00:24:23,000 --> 00:24:26,040 Speaker 1: go I think on immigration is probably one of the 445 00:24:26,080 --> 00:24:30,439 Speaker 1: biggest runaway successes. Inflation has certainly gone down. Despite what 446 00:24:30,760 --> 00:24:33,680 Speaker 1: I mean. You should live in the media. There's breadlines 447 00:24:33,720 --> 00:24:37,000 Speaker 1: out of everyone's door. Now let's go to tariff. Tariffs 448 00:24:37,119 --> 00:24:42,040 Speaker 1: are problem. Tariffs are what I don't understand, Mark, and 449 00:24:42,119 --> 00:24:44,720 Speaker 1: you are you. I pay attention to the news, but 450 00:24:44,800 --> 00:24:47,520 Speaker 1: you write the news. So maybe you can understand if 451 00:24:47,520 --> 00:24:49,760 Speaker 1: you listen to Peter Navarro, if you listen to the 452 00:24:49,800 --> 00:24:51,600 Speaker 1: Secretary of Commerce, and if you look at the Secretary 453 00:24:51,640 --> 00:24:57,120 Speaker 1: of Treasury, they all have different reasons of why we're 454 00:24:57,119 --> 00:24:59,520 Speaker 1: doing these tariffs. They all have different end goals for 455 00:24:59,520 --> 00:25:02,720 Speaker 1: why we're doing these tariffs. Okay, so if you listen 456 00:25:02,720 --> 00:25:04,600 Speaker 1: to and maybe I'm wrong, so correct me wrong. Record 457 00:25:04,640 --> 00:25:07,880 Speaker 1: of the Peter Navarro story is we're going to basically 458 00:25:07,880 --> 00:25:10,840 Speaker 1: a neoliberalism as we know it, and change the way 459 00:25:10,840 --> 00:25:20,240 Speaker 1: we do international economics and become named meticulals mercantile, mercantile 460 00:25:20,320 --> 00:25:23,680 Speaker 1: nation in one way or the other. If you listened 461 00:25:23,720 --> 00:25:27,800 Speaker 1: to best set the Secretary of the Treasury, it's to 462 00:25:28,359 --> 00:25:31,120 Speaker 1: end all these opposing tariffs on us. We'll have real 463 00:25:31,160 --> 00:25:34,160 Speaker 1: free trade except for China. China is its own thing, 464 00:25:34,560 --> 00:25:37,840 Speaker 1: and then if you listen to the Commerce Secretary, it's 465 00:25:38,760 --> 00:25:40,960 Speaker 1: somewhere in between, but his own kind of thing that 466 00:25:41,000 --> 00:25:45,720 Speaker 1: he's doing on his own. Why hasn't the administration seemed 467 00:25:45,720 --> 00:25:48,919 Speaker 1: to have one single narrative for the last three weeks? 468 00:25:49,280 --> 00:25:51,879 Speaker 2: I touched on this to plug my own story in Axios, 469 00:25:52,000 --> 00:25:55,840 Speaker 2: in a story called Trump's Tariff Brain, Inside Trump's Tariff Brain. 470 00:25:56,560 --> 00:26:00,040 Speaker 2: The answer is all of the above. Donald Trump he 471 00:26:00,480 --> 00:26:04,000 Speaker 2: wants to do lots of things with tariffs. And if 472 00:26:04,040 --> 00:26:06,720 Speaker 2: you understand that, Donald Trump has been talking about other 473 00:26:06,760 --> 00:26:09,920 Speaker 2: countries have ripped us off for you know years. I 474 00:26:09,960 --> 00:26:12,320 Speaker 2: mean first he first gave us in a speech in 475 00:26:12,440 --> 00:26:17,720 Speaker 2: nineteen eighty seven, thirty eight years ago. Boy, now I 476 00:26:17,760 --> 00:26:19,720 Speaker 2: feel rilled he gave this. 477 00:26:19,800 --> 00:26:22,280 Speaker 3: So he gave the speech at nineteen eighty seven, we're 478 00:26:22,280 --> 00:26:24,320 Speaker 3: talking about other nations are ripping us off. He didn't 479 00:26:24,400 --> 00:26:27,080 Speaker 3: quite say tariffs, but that's what he's talking about, negotiating 480 00:26:27,080 --> 00:26:28,080 Speaker 3: better trade deals. 481 00:26:28,880 --> 00:26:34,679 Speaker 2: Understanding that, look at Trump as a guy who is 482 00:26:36,320 --> 00:26:40,720 Speaker 2: often or more often directionally right than his critics give 483 00:26:40,800 --> 00:26:43,439 Speaker 2: him credit for. Okay, So it's a very kind of 484 00:26:43,800 --> 00:26:47,600 Speaker 2: a very specific phrase I'm using there. And if you understand, 485 00:26:47,640 --> 00:26:49,680 Speaker 2: like the direction he wants to go. He wants to 486 00:26:49,720 --> 00:26:52,280 Speaker 2: go in the direction of more manufacturing. He wants to 487 00:26:52,280 --> 00:26:55,840 Speaker 2: go in the direction of a different trade deficit, a 488 00:26:55,880 --> 00:26:58,840 Speaker 2: more balanced trade deficit with other nations. He wants to 489 00:26:58,840 --> 00:27:02,040 Speaker 2: go in the direction of Ian government revenue from this 490 00:27:02,240 --> 00:27:04,440 Speaker 2: in part to pay for the tax cuts, so to speak, 491 00:27:04,480 --> 00:27:08,080 Speaker 2: pay for that he wants to extend. He wants to 492 00:27:08,080 --> 00:27:10,560 Speaker 2: have more manufacturing in the country. Those are all things 493 00:27:10,640 --> 00:27:12,479 Speaker 2: he wants to do. So all of those guys who 494 00:27:12,560 --> 00:27:15,040 Speaker 2: are out there speaking are sort of different avatars of him. 495 00:27:15,440 --> 00:27:19,000 Speaker 2: And the reality says Donald Trump hasn't made up his mind. 496 00:27:19,320 --> 00:27:23,520 Speaker 2: And Donald Trump has last guy in the room syndrome 497 00:27:23,560 --> 00:27:29,760 Speaker 2: as well. So he frequently falls victim to analysis paralysis 498 00:27:29,880 --> 00:27:33,959 Speaker 2: because he surrounds himself. And this is perhaps to his credit. 499 00:27:35,080 --> 00:27:36,679 Speaker 2: It certainly is the credit if you believe in like 500 00:27:36,760 --> 00:27:43,399 Speaker 2: open minded epistemology, like get acquiring information. That is, he 501 00:27:43,560 --> 00:27:46,159 Speaker 2: gets everyone's opinion in the room. The thing is, he 502 00:27:46,160 --> 00:27:51,240 Speaker 2: doesn't know when to stop and right or it takes 503 00:27:51,320 --> 00:27:53,080 Speaker 2: a while for him to kind of arrive at them. 504 00:27:53,320 --> 00:27:55,280 Speaker 2: So that's one. And then there's the last guy in 505 00:27:55,320 --> 00:27:56,040 Speaker 2: the room syndrome. 506 00:27:56,240 --> 00:27:58,560 Speaker 3: So He's got all these different advisors who have these 507 00:27:58,560 --> 00:28:00,560 Speaker 3: different faces of sort of the tear and what they 508 00:28:00,560 --> 00:28:02,960 Speaker 3: could do, and he likes all of them. 509 00:28:03,520 --> 00:28:06,720 Speaker 2: So I don't know this for a fact, but generally 510 00:28:07,040 --> 00:28:09,399 Speaker 2: I can totally see it where Howard Lutnik is in 511 00:28:09,440 --> 00:28:12,280 Speaker 2: there like hey, here's what we gotta do, like, oh yeah, great, 512 00:28:12,520 --> 00:28:15,760 Speaker 2: go out there, and he says it, and then that's true, 513 00:28:16,359 --> 00:28:18,280 Speaker 2: and then best's in They're like, hey, here's what we 514 00:28:18,320 --> 00:28:20,439 Speaker 2: gotta do, Like great, you go out there and you 515 00:28:20,520 --> 00:28:24,280 Speaker 2: do that. And this is what we're seeing. For those 516 00:28:24,280 --> 00:28:25,800 Speaker 2: of us who are accustomed. 517 00:28:25,280 --> 00:28:27,840 Speaker 3: To Donald Trump and the sort of you know, are 518 00:28:27,880 --> 00:28:30,320 Speaker 3: able to understand that there's always gonna be a lot 519 00:28:30,359 --> 00:28:32,320 Speaker 3: of noise and you just have to focus on the 520 00:28:32,359 --> 00:28:33,320 Speaker 3: directional signal. 521 00:28:33,720 --> 00:28:35,560 Speaker 2: It makes a lot more sense. The thing is is 522 00:28:35,720 --> 00:28:38,680 Speaker 2: the stock market doesn't work that way, right. He's approaching 523 00:28:38,720 --> 00:28:42,880 Speaker 2: this like a political campaign where he's never quite clear. 524 00:28:43,240 --> 00:28:45,080 Speaker 2: He likes to have leverage. It's all the sort of 525 00:28:45,080 --> 00:28:48,040 Speaker 2: now you see me, now you don't stuff. It's asymmetry 526 00:28:48,440 --> 00:28:51,560 Speaker 2: very good at that stock market hates that shit. And 527 00:28:51,640 --> 00:28:52,440 Speaker 2: so here we are. 528 00:28:53,680 --> 00:28:56,400 Speaker 1: What I don't understand is and I send a message 529 00:28:56,440 --> 00:28:57,960 Speaker 1: song on you in the White House, and I said, this, 530 00:29:00,120 --> 00:29:03,920 Speaker 1: manufacturing is your main goal, and and it's important, it's 531 00:29:03,920 --> 00:29:07,080 Speaker 1: an important effort that we should be undertaking as a country, 532 00:29:07,240 --> 00:29:10,240 Speaker 1: but it is your main goal. There are there is 533 00:29:10,320 --> 00:29:12,680 Speaker 1: a lot of different hammers to use to nail that, 534 00:29:12,960 --> 00:29:16,160 Speaker 1: to nail that into the wall well, And I mentioned 535 00:29:16,160 --> 00:29:19,120 Speaker 1: this on this podcast. I wrote about this federal like 536 00:29:19,200 --> 00:29:23,280 Speaker 1: federal contracts. Make sure federal contracts are focused on restoring 537 00:29:23,880 --> 00:29:30,040 Speaker 1: like pharmaceuticals or military equipment or whatever. That part hasn't happened, 538 00:29:30,040 --> 00:29:33,040 Speaker 1: Like there's no, they're not. It's not a full uh 539 00:29:33,080 --> 00:29:36,560 Speaker 1: you know, full court press on to faces on every front. 540 00:29:36,840 --> 00:29:39,880 Speaker 1: It seems like it's just tariffs, and that makes it 541 00:29:39,920 --> 00:29:44,360 Speaker 1: confusing and people worrysome and also allowing people who have 542 00:29:45,280 --> 00:29:48,800 Speaker 1: stocks and in companies that are way overvalued to sit 543 00:29:48,840 --> 00:29:51,239 Speaker 1: there and deplete their stocks and to sell them and 544 00:29:51,280 --> 00:29:53,120 Speaker 1: to make sure that you know, blame the terrists for 545 00:29:53,200 --> 00:29:55,959 Speaker 1: it instead of some crappy companies that are well up 546 00:29:56,000 --> 00:30:00,000 Speaker 1: too much money on their hands and whatever. That's that's 547 00:30:00,040 --> 00:30:01,840 Speaker 1: whether their stocks are revalue, I should say to us. 548 00:30:02,400 --> 00:30:05,280 Speaker 1: But their stocks are revalued. That is all happening. And 549 00:30:05,280 --> 00:30:07,480 Speaker 1: he's allowing himself to do it, and it just seems 550 00:30:07,480 --> 00:30:09,840 Speaker 1: like it's a mess. And I saw that he wants 551 00:30:09,880 --> 00:30:11,920 Speaker 1: to reduce tariffs in China. Where is he right now? 552 00:30:11,920 --> 00:30:14,600 Speaker 1: Do we have tariffs on any country as there is there? 553 00:30:15,600 --> 00:30:17,640 Speaker 2: We have the ten percent across the board tark. Yeah, 554 00:30:17,640 --> 00:30:20,760 Speaker 2: that we do have, and and technically we have one 555 00:30:20,800 --> 00:30:23,440 Speaker 2: hundred and forty five percent tariff on goods from China, 556 00:30:23,480 --> 00:30:27,239 Speaker 2: which is effectively, as one of the folks in his 557 00:30:27,720 --> 00:30:31,240 Speaker 2: economic team has pointed out to me, this is not 558 00:30:31,920 --> 00:30:33,880 Speaker 2: tariffs really we're talking about right now, this is a 559 00:30:33,920 --> 00:30:34,720 Speaker 2: trade embargo. 560 00:30:35,120 --> 00:30:35,320 Speaker 1: Right. 561 00:30:35,320 --> 00:30:37,520 Speaker 2: Wall Street Journal had an interesting story with an anecdote 562 00:30:38,160 --> 00:30:41,320 Speaker 2: as their lead, like there was this I didn't realize 563 00:30:41,320 --> 00:30:46,000 Speaker 2: that people import that we import eyelashes, And there's like 564 00:30:46,640 --> 00:30:50,800 Speaker 2: China sends us eyelashes. Now god knows where they came from. 565 00:30:50,920 --> 00:30:53,800 Speaker 2: But you know, someone. 566 00:30:53,520 --> 00:30:56,080 Speaker 3: Spoke against President g and is now you know, an 567 00:30:56,120 --> 00:30:57,280 Speaker 3: eyelash donor or whatever. 568 00:30:57,560 --> 00:31:01,160 Speaker 2: But there's this truck of eyelashes that's like stuck at 569 00:31:01,160 --> 00:31:05,880 Speaker 2: the Mexico border. Like we are, in effectively for a 570 00:31:05,880 --> 00:31:10,880 Speaker 2: lot of these goods, a trade embargo like zero trade. 571 00:31:11,360 --> 00:31:15,760 Speaker 2: I had reported the other day on Tuesday that when 572 00:31:15,920 --> 00:31:23,440 Speaker 2: Donald Trump met Monday with the heads of Walmart, Home 573 00:31:23,520 --> 00:31:28,720 Speaker 2: Depot and Target that what they privately told him was, hey, 574 00:31:28,720 --> 00:31:31,360 Speaker 2: we're looking at some empty shelves in as early as 575 00:31:31,400 --> 00:31:36,640 Speaker 2: two weeks. So there are these different messages they're getting 576 00:31:36,680 --> 00:31:39,080 Speaker 2: to him, and he is sort of reacting to it. 577 00:31:39,680 --> 00:31:43,360 Speaker 2: But generally speaking, here I'm sort of scooping myself. One 578 00:31:43,400 --> 00:31:46,040 Speaker 2: of the people I'd spoken to who who's spoken to 579 00:31:46,080 --> 00:31:48,920 Speaker 2: Trump with some regularity, you know, when the stock market 580 00:31:48,920 --> 00:31:50,320 Speaker 2: was doing all this stuff, I asked him like, well, 581 00:31:50,320 --> 00:31:51,520 Speaker 2: what's what's the present's mindset. 582 00:31:51,560 --> 00:31:54,640 Speaker 3: They're like, oh, he's having a great time. I said yeah, 583 00:31:54,680 --> 00:31:56,600 Speaker 3: and I said yeah. He just keeps talking about the 584 00:31:56,600 --> 00:32:00,000 Speaker 3: deals they're gonna do. He's like Japan's coming in and yeah, 585 00:32:00,080 --> 00:32:00,680 Speaker 3: knobs coming in. 586 00:32:00,800 --> 00:32:02,840 Speaker 2: You wouldn't believe what's going to happen with South Korea. 587 00:32:02,960 --> 00:32:05,560 Speaker 2: So he's sort of on cloud nine. And the portrayal 588 00:32:05,600 --> 00:32:08,000 Speaker 2: there is a little bit of a disconnect between what 589 00:32:08,120 --> 00:32:10,600 Speaker 2: a lot of people are seeing and certainly you know, 590 00:32:11,080 --> 00:32:13,880 Speaker 2: those people who have money in the stock market, but 591 00:32:14,200 --> 00:32:20,360 Speaker 2: his general sense right now is still again, actually this 592 00:32:20,480 --> 00:32:24,320 Speaker 2: way and we're in this you know, this is Trump's world. 593 00:32:24,360 --> 00:32:26,880 Speaker 2: We're all living in it right now. Where he's going 594 00:32:26,960 --> 00:32:30,160 Speaker 2: to be kind of fine tuning and real time testing 595 00:32:30,200 --> 00:32:35,280 Speaker 2: this stuff. But I think there's a long roundabout answer 596 00:32:35,360 --> 00:32:37,280 Speaker 2: to I think it was a question you posed, which 597 00:32:37,320 --> 00:32:41,400 Speaker 2: is this wasn't necessarily very well thought out in the implementation. 598 00:32:41,840 --> 00:32:45,240 Speaker 2: And I think this is an old man in a hurry. 599 00:32:45,880 --> 00:32:50,320 Speaker 2: He's wanted to do this since nineteen eighty seven at least. Okay, 600 00:32:51,040 --> 00:32:54,400 Speaker 2: he is now president for his second and final term. 601 00:32:54,440 --> 00:32:56,440 Speaker 2: And let's ignore Steve Man and saying he's gonna get 602 00:32:56,440 --> 00:33:00,480 Speaker 2: their term. Yeah, you know, he's almost eighty years old, 603 00:33:01,120 --> 00:33:02,880 Speaker 2: so he wants to do this stuff now. 604 00:33:02,920 --> 00:33:06,120 Speaker 3: And let's face it, when I said he was more 605 00:33:06,160 --> 00:33:08,560 Speaker 3: often directionally right than his critics, you have him credit 606 00:33:08,680 --> 00:33:12,120 Speaker 3: for he's the only guy who's really come out and 607 00:33:12,280 --> 00:33:14,920 Speaker 3: made free trade an issue and said, hey, a lot 608 00:33:14,960 --> 00:33:16,719 Speaker 3: of the free trade has been bad as hollowed out 609 00:33:16,760 --> 00:33:17,720 Speaker 3: or manufacturing sector. 610 00:33:17,960 --> 00:33:20,640 Speaker 2: You really didn't hear that in the Republican Party before 611 00:33:20,680 --> 00:33:26,080 Speaker 2: twenty fifteen, right, you just didn't. And he's the he's 612 00:33:26,080 --> 00:33:28,560 Speaker 2: the guy, right, Yeah, the good point. Yeah, there's a 613 00:33:28,560 --> 00:33:29,680 Speaker 2: great political. 614 00:33:29,320 --> 00:33:32,840 Speaker 1: Six But since nineteen ninety six in Buchanan ran, it's 615 00:33:32,880 --> 00:33:36,320 Speaker 1: been though twenty or sixteen to twenty nineteen ninety six 616 00:33:36,320 --> 00:33:37,480 Speaker 1: to twenty sixteen was twenty years. 617 00:33:37,560 --> 00:33:40,800 Speaker 3: Yeah, and he is the only guy, the only president 618 00:33:41,280 --> 00:33:45,840 Speaker 3: who's like, Okay, fuck it, you know you're talking about you. 619 00:33:45,760 --> 00:33:47,760 Speaker 2: Know, the problem of the hammer or everything looks like 620 00:33:47,800 --> 00:33:50,240 Speaker 2: a nail. I mean, he just hit the glass. Yeah, 621 00:33:50,240 --> 00:33:53,320 Speaker 2: So we're there now. Whether it's going to work or not, 622 00:33:53,440 --> 00:33:56,160 Speaker 2: it is a big experiment and it is kind of 623 00:33:56,160 --> 00:33:58,840 Speaker 2: a shock to the system. But the reality is he 624 00:33:58,920 --> 00:34:01,680 Speaker 2: is the only present who's really given voice to this 625 00:34:01,800 --> 00:34:05,160 Speaker 2: problem and the only president who's really tried to solve it. 626 00:34:05,800 --> 00:34:09,920 Speaker 2: The question is is is solution Is the cure worse 627 00:34:09,960 --> 00:34:12,760 Speaker 2: than the sickness because one of the things his advisors 628 00:34:12,800 --> 00:34:16,200 Speaker 2: have said, and sorry, I'm I'll get this out, is 629 00:34:16,200 --> 00:34:19,600 Speaker 2: is that they view the American economy as a sick 630 00:34:19,680 --> 00:34:23,839 Speaker 2: patient and and it's in and it is in bad 631 00:34:24,120 --> 00:34:26,719 Speaker 2: need of medicine. And I in one of my conversations 632 00:34:26,760 --> 00:34:28,440 Speaker 2: with one of these people, said, well, yeah, that's true. 633 00:34:29,040 --> 00:34:32,200 Speaker 2: But you know, if you have cancer, they give you 634 00:34:32,239 --> 00:34:36,680 Speaker 2: a chemo very often, and chemotherapy is basically poison. That 635 00:34:36,840 --> 00:34:39,680 Speaker 2: boils down to this, you either are going to kill 636 00:34:39,680 --> 00:34:42,360 Speaker 2: the cancer or kill yourself. And so you have to 637 00:34:42,400 --> 00:34:45,640 Speaker 2: be careful administering the medicine of the poison in chemotherapy. 638 00:34:46,320 --> 00:34:49,600 Speaker 2: And what I wonder here is is did Trump just 639 00:34:49,640 --> 00:34:51,440 Speaker 2: come in and just inject a whole bunch of I 640 00:34:51,440 --> 00:34:54,879 Speaker 2: don't know, rat poison or whatever into this and we're 641 00:34:54,920 --> 00:34:55,880 Speaker 2: going to see or maybe not? 642 00:34:56,560 --> 00:34:59,160 Speaker 1: Uhh, I mean, I mean, and you have some headlines 643 00:34:59,160 --> 00:35:01,920 Speaker 1: with some companies and and they're reassuring jobs in America. 644 00:35:02,840 --> 00:35:06,440 Speaker 1: There's a lots to live on for those headlines. To 645 00:35:06,719 --> 00:35:09,600 Speaker 1: Let's ask two questions. One, what is this? What does 646 00:35:09,640 --> 00:35:12,239 Speaker 1: this do for Republicans looking at twenty twenty six? 647 00:35:12,320 --> 00:35:16,000 Speaker 2: How you're looking tough? I have not been talking to 648 00:35:16,080 --> 00:35:23,920 Speaker 2: Republicans much, but man, in our in our elections are 649 00:35:24,040 --> 00:35:26,400 Speaker 2: our elections generally break on the fault line of a 650 00:35:26,440 --> 00:35:32,919 Speaker 2: division of desire and terror right right and anger and love. 651 00:35:34,040 --> 00:35:35,520 Speaker 2: There's not a lot of love out there, so let's 652 00:35:35,520 --> 00:35:39,120 Speaker 2: just throw that out. So the gasoline that powers the 653 00:35:39,160 --> 00:35:45,240 Speaker 2: engines of our elections is anger, and the left is angry. 654 00:35:45,239 --> 00:35:51,200 Speaker 2: They're out there protesting Tesla, you know. So I see 655 00:35:51,320 --> 00:35:55,800 Speaker 2: more energy, and I understand, with respect to Saint Paul, 656 00:35:55,840 --> 00:35:59,399 Speaker 2: that I see through a glass darkly that I don't 657 00:35:59,440 --> 00:36:01,759 Speaker 2: understand the tire picture on Donald the whole nation, but 658 00:36:01,800 --> 00:36:03,960 Speaker 2: the energy looks like it's on on the left when 659 00:36:04,000 --> 00:36:05,920 Speaker 2: you look at the fact that the stock market is 660 00:36:05,960 --> 00:36:09,879 Speaker 2: not doing so well, the dollar is deflating, is devaluing, 661 00:36:10,080 --> 00:36:13,360 Speaker 2: the IMF is cutting growth rate forecasts of the United States. 662 00:36:14,160 --> 00:36:18,680 Speaker 2: Home sales are starting to decline. And Donald Trump, through 663 00:36:18,719 --> 00:36:22,200 Speaker 2: implementing these tariffs in such a way, made this his economy. 664 00:36:22,440 --> 00:36:24,279 Speaker 2: It's really gonna be difficult for him to sit around 665 00:36:24,280 --> 00:36:25,080 Speaker 2: and blame Biden. 666 00:36:25,320 --> 00:36:30,720 Speaker 1: All the Republicans have well blue pass expectations on fundraising numbers, 667 00:36:30,719 --> 00:36:34,719 Speaker 1: and there were was good economic indicators before Liberation Day. 668 00:36:34,800 --> 00:36:36,719 Speaker 1: But I mean, we'll see. 669 00:36:36,719 --> 00:36:40,280 Speaker 2: I mean the market, the market really wants. The market 670 00:36:40,360 --> 00:36:43,960 Speaker 2: is almost like, uh, you know, an abused person who 671 00:36:44,120 --> 00:36:45,879 Speaker 2: just wants a little bit of good news. 672 00:36:46,120 --> 00:36:48,799 Speaker 3: Like literally, where Donald Trump gives a little bit of 673 00:36:48,840 --> 00:36:52,319 Speaker 3: good news, it's like and the market shoots back and 674 00:36:52,320 --> 00:36:55,120 Speaker 3: then it comes back down. So uh, I don't know 675 00:36:55,120 --> 00:36:57,560 Speaker 3: how long that's gonna last, but there is still some 676 00:36:57,600 --> 00:37:00,960 Speaker 3: sort of pent up goodwill in the market. Where if 677 00:37:01,000 --> 00:37:06,880 Speaker 3: there is a more I think, if there's a more cohesive, intelligible, predictable, 678 00:37:07,400 --> 00:37:11,480 Speaker 3: reliable presentation of where we're going to go and how 679 00:37:11,480 --> 00:37:14,480 Speaker 3: we're going to get there that if you were to 680 00:37:14,520 --> 00:37:18,520 Speaker 3: ask me this question of how Republicans are feeling, my 681 00:37:18,600 --> 00:37:21,680 Speaker 3: answer might change. But right now I think things favor 682 00:37:21,800 --> 00:37:22,640 Speaker 3: Democrats more. 683 00:37:23,239 --> 00:37:26,400 Speaker 1: Yeah, well, okay, in terms of prompt My last question, 684 00:37:26,480 --> 00:37:29,920 Speaker 1: in terms of promises to his voters, things he campaigned on, 685 00:37:29,960 --> 00:37:32,680 Speaker 1: and what he's achieved. How would you grade Trump's first 686 00:37:32,719 --> 00:37:34,880 Speaker 1: one hundred days, not solely on the success or how 687 00:37:34,920 --> 00:37:37,040 Speaker 1: it's looking, but what he promised and then what he's 688 00:37:37,080 --> 00:37:37,640 Speaker 1: been delivered. 689 00:37:37,719 --> 00:37:39,440 Speaker 2: I mean, from all the supporters I know of his 690 00:37:39,719 --> 00:37:42,160 Speaker 2: and the people who didn't vote for him, who support him, 691 00:37:42,600 --> 00:37:47,640 Speaker 2: they're very happy, like because, as they pointed out, there's 692 00:37:47,680 --> 00:37:50,279 Speaker 2: a possibility that a majority or a plurality of his 693 00:37:50,360 --> 00:37:52,880 Speaker 2: voters aren't real stock market people. So I don't really 694 00:37:52,920 --> 00:37:54,319 Speaker 2: give a shit about a lot of stuff I just 695 00:37:54,320 --> 00:37:57,600 Speaker 2: talked about there. They voted for him because of immigration 696 00:37:57,760 --> 00:37:59,279 Speaker 2: and attitude and. 697 00:38:00,040 --> 00:38:03,040 Speaker 1: Demograph poles is eighteen to twenty one year olds. 698 00:38:03,280 --> 00:38:03,600 Speaker 2: What's that. 699 00:38:04,160 --> 00:38:08,280 Speaker 1: Trump's best demographic in the latest Yale poll is eighteen 700 00:38:08,320 --> 00:38:09,400 Speaker 1: to twenty one year olds. 701 00:38:09,640 --> 00:38:13,400 Speaker 2: The Harvard David Sure found too. That's the Harvard poll 702 00:38:14,080 --> 00:38:17,880 Speaker 2: that John Delavelpie had released showed that he was hamorrhaging 703 00:38:17,920 --> 00:38:19,080 Speaker 2: support of younger people. 704 00:38:20,200 --> 00:38:23,040 Speaker 1: That was the Harvard Harris pol I think, so, I 705 00:38:23,040 --> 00:38:23,680 Speaker 1: know it's Harvard. 706 00:38:23,719 --> 00:38:24,800 Speaker 2: I don't know if it's Harvard Harris. 707 00:38:24,880 --> 00:38:27,680 Speaker 1: Yeah, Harvard Harris poles are terrible. And I'm just gonna 708 00:38:27,680 --> 00:38:30,640 Speaker 1: tell you like but no, no, no, I take polsters like 709 00:38:31,400 --> 00:38:34,880 Speaker 1: ignore Harvard Harris is a joke of bolster, just my 710 00:38:34,960 --> 00:38:37,360 Speaker 1: own personal opinion. I never listened to them. But the 711 00:38:37,440 --> 00:38:39,160 Speaker 1: Yale poll, I think is back. They are. They're a 712 00:38:39,239 --> 00:38:40,920 Speaker 1: joke of pual So they do a terrible job each 713 00:38:40,920 --> 00:38:44,959 Speaker 1: and every time. The Yale poll is decent. The Pew 714 00:38:45,040 --> 00:38:47,560 Speaker 1: Pearl poll is very good, it's very thorough, but it's 715 00:38:47,640 --> 00:38:49,880 Speaker 1: I mean, it's terrible for Trump. It was his worst 716 00:38:49,920 --> 00:38:55,719 Speaker 1: poll by far. The NBC NBC Post pole that was good, 717 00:38:55,760 --> 00:38:58,160 Speaker 1: The Washington Post pole was decent. So he's had some 718 00:38:58,200 --> 00:39:00,680 Speaker 1: decent ones. I think that none of time is settled 719 00:39:00,719 --> 00:39:02,840 Speaker 1: to really see what the tariff situation is looking like. 720 00:39:03,280 --> 00:39:05,480 Speaker 1: But the problem we have a Trump as far as 721 00:39:06,040 --> 00:39:07,880 Speaker 1: as far as like the Democrats have with Trump is 722 00:39:07,920 --> 00:39:11,520 Speaker 1: there's such a little elasticity, like he's never going to 723 00:39:11,560 --> 00:39:14,080 Speaker 1: get to Joe Biden or George W. Bush numbers into 724 00:39:14,120 --> 00:39:17,000 Speaker 1: the twenties because he can't because his base that loves 725 00:39:17,080 --> 00:39:20,120 Speaker 1: him is so fervently committed, and the. 726 00:39:20,280 --> 00:39:22,520 Speaker 2: It's kind of like a thirty five percent floor. Basically, 727 00:39:22,960 --> 00:39:23,560 Speaker 2: it's like, yeah. 728 00:39:23,400 --> 00:39:26,040 Speaker 1: It's in the mid thirties percent floor and the ceiling 729 00:39:26,120 --> 00:39:28,520 Speaker 1: is fifty two percent, and we just live in that 730 00:39:28,560 --> 00:39:32,799 Speaker 1: fifteen percent range. Wherever we go. He'll never be never 731 00:39:32,840 --> 00:39:35,160 Speaker 1: have Joe Biden positive numbers, He'll never have Joe Biden 732 00:39:35,200 --> 00:39:37,400 Speaker 1: negative numbers, will never have Bush positive numbers, and have 733 00:39:37,400 --> 00:39:40,760 Speaker 1: Bush negative numbers. And so we live in this world 734 00:39:40,800 --> 00:39:43,040 Speaker 1: where he's just kind of stuck and everyone has a 735 00:39:43,080 --> 00:39:45,120 Speaker 1: strong opinion of him. But the fact that eighteen to 736 00:39:45,120 --> 00:39:46,959 Speaker 1: twenty one year olds and both the David Short data 737 00:39:46,960 --> 00:39:48,759 Speaker 1: on the election and then the NBA and then the 738 00:39:48,880 --> 00:39:52,240 Speaker 1: Yale pole is pretty wild. And it might be because 739 00:39:52,280 --> 00:39:55,600 Speaker 1: one they don't have stocks and two because it's you know, 740 00:39:55,880 --> 00:39:57,200 Speaker 1: I like the attitude. 741 00:39:57,840 --> 00:39:59,239 Speaker 2: Oh yeah, I think it's a big part of it. 742 00:39:59,360 --> 00:40:01,239 Speaker 2: I don't think the the left has really helped its case, 743 00:40:01,320 --> 00:40:04,560 Speaker 2: especially among young men, that that horse has been beaten 744 00:40:04,600 --> 00:40:07,880 Speaker 2: and kicked to death. The other issue, I think that 745 00:40:07,920 --> 00:40:09,759 Speaker 2: Republicans need to think about, which you saw a play 746 00:40:09,760 --> 00:40:13,800 Speaker 2: out in Wisconsin, is that the Trump machine without Trump 747 00:40:13,840 --> 00:40:17,320 Speaker 2: is not much of a machine, like he activates certain 748 00:40:17,400 --> 00:40:18,440 Speaker 2: voters right. 749 00:40:18,440 --> 00:40:22,759 Speaker 1: Well, seniors are increasingly becoming democratic as baby boomer like 750 00:40:22,800 --> 00:40:25,240 Speaker 1: you time when they're like, what happened to seniors? Because 751 00:40:25,239 --> 00:40:28,680 Speaker 1: the seniors that live in your head have died, Like 752 00:40:28,719 --> 00:40:30,799 Speaker 1: you're not willing to admit that, but you're thinking of 753 00:40:30,840 --> 00:40:34,799 Speaker 1: your grandparents who aren't alive anymore, and you're not understanding, 754 00:40:34,920 --> 00:40:37,839 Speaker 1: like Archie Bunker is not the senior citizen, he's dead. 755 00:40:38,280 --> 00:40:41,920 Speaker 1: Meathead is the senior citizen. Jane Fond is a senior citizen, 756 00:40:42,200 --> 00:40:45,000 Speaker 1: Like these are the senior citizens. Rosie o'donald is a 757 00:40:45,040 --> 00:40:48,560 Speaker 1: senior A meathead? No, but those are, But those are 758 00:40:48,680 --> 00:40:52,960 Speaker 1: senior citizens now. They are not the British generation or 759 00:40:53,040 --> 00:40:54,840 Speaker 1: Joe Biden's generation. I mean there are a few of 760 00:40:54,840 --> 00:40:57,680 Speaker 1: those left people up, but not many. They are overwhelmingly 761 00:40:57,840 --> 00:40:58,640 Speaker 1: the counter culture. 762 00:40:58,960 --> 00:41:03,200 Speaker 2: Yeah, as a Florida based guy, we experienced that quite clearly. 763 00:41:03,640 --> 00:41:07,000 Speaker 2: We used to have, especially in South Florida, Southeast Florida, 764 00:41:07,360 --> 00:41:10,000 Speaker 2: what we would call the condo commandos. These are these 765 00:41:10,160 --> 00:41:14,839 Speaker 2: older FDR voters who were just reliably blue, and it's 766 00:41:14,840 --> 00:41:17,840 Speaker 2: what kept Florida bloom at first, and then with the 767 00:41:18,000 --> 00:41:21,480 Speaker 2: wave of more Republicans, we kept at purple. Now we're 768 00:41:21,520 --> 00:41:23,560 Speaker 2: just importing Republican super voters. 769 00:41:23,840 --> 00:41:26,880 Speaker 1: Yeah, yeah, yeah, I really where we have to go. 770 00:41:26,920 --> 00:41:29,560 Speaker 1: But on a really quick story, my grandfather grew up 771 00:41:29,560 --> 00:41:32,000 Speaker 1: from from Lowie side of Manhattan and Brooklyn. His whole life, 772 00:41:32,160 --> 00:41:35,520 Speaker 1: almost all his friends were Jewish, and those typical New 773 00:41:35,680 --> 00:41:39,120 Speaker 1: York Liberal Democratic Jewish like almost like a cartoon of 774 00:41:39,160 --> 00:41:41,640 Speaker 1: what a Jewish voter from New York's politics are like. 775 00:41:42,040 --> 00:41:44,800 Speaker 1: And I remember the Bloomberg election at five, is my 776 00:41:44,840 --> 00:41:46,839 Speaker 1: first election I could get vote in earsthing and I said, 777 00:41:46,880 --> 00:41:48,759 Speaker 1: I was like, oh, yeah, I'm voting for Bloomberg, you know, 778 00:41:48,760 --> 00:41:51,120 Speaker 1: as a Republican. And his friends said, oh, I voted 779 00:41:51,120 --> 00:41:53,920 Speaker 1: for Bloomberg as a Democrat. And I said, no, you didn't. 780 00:41:53,960 --> 00:41:56,160 Speaker 1: You voted No, he's not a Democrat as a Republican. 781 00:41:56,560 --> 00:42:00,400 Speaker 1: Literally twenty minutes screaming over the dining room table. This man, 782 00:42:00,440 --> 00:42:02,319 Speaker 1: He's like, I never voted for a Republican in my life. 783 00:42:02,320 --> 00:42:04,560 Speaker 1: I wouldn't vote. I voted for him as a Democrat. 784 00:42:04,640 --> 00:42:07,319 Speaker 1: I'm like he would not admit to his own self 785 00:42:07,360 --> 00:42:10,000 Speaker 1: that it was possibly could vote for a Republican. So yeah, 786 00:42:10,040 --> 00:42:11,960 Speaker 1: I know those voters very well. But most of them 787 00:42:12,000 --> 00:42:15,160 Speaker 1: have suns, you know, gone to their great rust. So 788 00:42:15,600 --> 00:42:17,799 Speaker 1: that is the eternal rust. So that is what Uh, 789 00:42:18,000 --> 00:42:20,919 Speaker 1: that's what people do. Mark, thank you so much. We're 790 00:42:20,920 --> 00:42:24,720 Speaker 1: gonna end up. Mark, thank you for being on this podcast. 791 00:42:25,600 --> 00:42:27,120 Speaker 2: Note yes, yes, sir, that was great. 792 00:42:27,440 --> 00:42:29,440 Speaker 1: Where people go to read your stuff. 793 00:42:29,320 --> 00:42:32,960 Speaker 2: Axidos dot com. Uh, and I'm on Twitter at Mark A. Caputo. 794 00:42:33,000 --> 00:42:37,440 Speaker 2: It's Mark with the C marc Antonio. Now, Mark tell 795 00:42:37,480 --> 00:42:41,080 Speaker 2: you Mark Antonio is technically my first name. Okay, one word. 796 00:42:41,600 --> 00:42:44,000 Speaker 1: Well, thank you so much. Mark. I'll speak to you soon. 797 00:42:44,200 --> 00:42:44,960 Speaker 2: Appreciate you. Man. 798 00:42:45,360 --> 00:42:47,960 Speaker 1: You're listening to It's a Numbers Game with Ryan Grodowsky. 799 00:42:48,080 --> 00:42:53,840 Speaker 1: We'll be right back. This is the ask Me Anything 800 00:42:53,960 --> 00:42:56,680 Speaker 1: segment of the podcast, where you guys can send me 801 00:42:56,680 --> 00:42:58,480 Speaker 1: any kinds of questions you want and I'm depending on 802 00:42:58,480 --> 00:43:00,839 Speaker 1: those questions. Send them my way and let me I'll 803 00:43:00,880 --> 00:43:02,799 Speaker 1: tell you if I can find out any information and 804 00:43:02,840 --> 00:43:05,640 Speaker 1: give you the data behind what you're worried about. You 805 00:43:05,680 --> 00:43:09,520 Speaker 1: could email me at ryanat Numbers Game podcast dot com 806 00:43:09,600 --> 00:43:13,480 Speaker 1: numbers is plural. Ryan at Numbers gamepodcast dot com question 807 00:43:13,520 --> 00:43:15,560 Speaker 1: this week, do we think that AOC will be the 808 00:43:15,560 --> 00:43:19,880 Speaker 1: Democratic nominee in twenty twenty eight? I don't know, is 809 00:43:19,920 --> 00:43:22,120 Speaker 1: the simple short of it. No one knows. I will 810 00:43:22,120 --> 00:43:24,439 Speaker 1: say two things. One, she's raising a lot of money, 811 00:43:24,440 --> 00:43:26,439 Speaker 1: and she has her face in the media. And that's 812 00:43:26,480 --> 00:43:29,080 Speaker 1: what a lot of people assume is the answer is 813 00:43:29,160 --> 00:43:31,680 Speaker 1: who they've seen the most. Like Gavin Newsom's face is 814 00:43:31,680 --> 00:43:33,680 Speaker 1: always in the media, you will assume it means he 815 00:43:33,800 --> 00:43:36,520 Speaker 1: must be the nominee. What you need to look at, though, 816 00:43:36,560 --> 00:43:40,160 Speaker 1: and what a smart analysis of elections look like, is 817 00:43:40,280 --> 00:43:43,279 Speaker 1: where is the primary process going to begin in twenty 818 00:43:43,320 --> 00:43:46,360 Speaker 1: twenty eight. If it begins in Iowa and New Hampshire 819 00:43:46,360 --> 00:43:50,480 Speaker 1: as it had for one hundred years, they are more 820 00:43:50,560 --> 00:43:53,920 Speaker 1: open to more progressive candidates. They help Barack Obama, they 821 00:43:53,920 --> 00:43:56,680 Speaker 1: help Bernie Sanders, those kinds of states. If the election 822 00:43:56,800 --> 00:44:00,040 Speaker 1: begins in South Carolina, that is a much more and 823 00:44:00,040 --> 00:44:02,880 Speaker 1: we're a different electorate. It's black primarily, but it's a 824 00:44:02,920 --> 00:44:05,480 Speaker 1: majority of black and the Democratic primary and it is 825 00:44:05,680 --> 00:44:09,560 Speaker 1: much more conservative both socially and economically. They are not 826 00:44:10,239 --> 00:44:14,480 Speaker 1: down hardcore progressive voters. So if the party primary starts 827 00:44:14,480 --> 00:44:17,000 Speaker 1: in the Deep South and in specially in South Carolina, 828 00:44:17,320 --> 00:44:21,360 Speaker 1: it's a primary process looking to try to nominate a moderate, 829 00:44:21,760 --> 00:44:25,560 Speaker 1: and that's what we'll probably see. Anyway, we're three years away, 830 00:44:25,600 --> 00:44:28,560 Speaker 1: so we'll find out. Ben Thank you Social listeners podcast. 831 00:44:28,640 --> 00:44:32,200 Speaker 1: Please like and subscribe on the iHeartRadio Apple podcast. Wherever 832 00:44:32,200 --> 00:44:33,759 Speaker 1: you listen to your podcast, give me a five star 833 00:44:33,800 --> 00:44:36,399 Speaker 1: review if you feel generous, Thank you so much. Listen 834 00:44:36,440 --> 00:44:38,160 Speaker 1: on Thursday and see it later this week.