WEBVTT - Week Two In Quarantine 0:00:10.920 --> 0:00:15.640 You are entering the Freedom Hunt. It's week two of 0:00:15.680 --> 0:00:19.000 the fifteen days to stop the spread. We have updates 0:00:19.079 --> 0:00:24.000 about our fight against COVID nineteen, the Wuhan virus. We'll 0:00:24.040 --> 0:00:26.639 talk about not just the risks of this pandemic to 0:00:26.720 --> 0:00:29.320 our health, but also to our economy. We've got a 0:00:29.400 --> 0:00:32.920 number of US senators in quarantine. One senator already has 0:00:32.960 --> 0:00:35.840 been positive for it. We'll talk about what happens next 0:00:35.840 --> 0:00:37.880 and where we're going. Coming up on the Buck Sexton Show. 0:00:38.159 --> 0:00:41.800 This is the bus Sexton Show where the mission or 0:00:41.840 --> 0:00:46.040 mission is to decode what really matters with actionable intelligence, 0:00:48.200 --> 0:00:55.680 make no mistakes, Great American Again, the Buck Sexon Show begins. 0:00:56.880 --> 0:01:03.480 He's a great guy. Now for those word and afraid, 0:01:03.600 --> 0:01:07.200 please know as long as I am your president, you 0:01:07.200 --> 0:01:09.520 can feel confident that you have a leader who will 0:01:09.520 --> 0:01:12.639 always fight for you and I will not stop until 0:01:12.680 --> 0:01:16.319 we win. This will be a great victory. Welcome the 0:01:16.319 --> 0:01:19.040 Buck sex and show everybody. The President trying to reassure 0:01:19.280 --> 0:01:23.399 us that it's all going to be okay. I think 0:01:23.440 --> 0:01:26.920 it is going to be okay, but we have some 0:01:26.959 --> 0:01:29.880 big decisions to make, not just in the months ahead, 0:01:29.920 --> 0:01:34.560 but in fact in the weeks ahead, we have decisions 0:01:34.600 --> 0:01:37.320 that we will have to make about whether or not 0:01:37.400 --> 0:01:43.479 we allow this virus to fundamentally transform our economy, really 0:01:43.520 --> 0:01:45.960 to destroy our economy, and that's going to be one 0:01:46.000 --> 0:01:50.920 of my main focuses today. The President also tweeted out 0:01:51.000 --> 0:01:53.280 that we cannot let the cure be worse than the 0:01:53.360 --> 0:01:57.600 problem itself. At the end of the fifteen day period, 0:01:57.640 --> 0:01:59.600 will make a decision as to which way we want 0:01:59.600 --> 0:02:03.200 to go. Look, I've been advocating here that the end 0:02:03.240 --> 0:02:05.760 of the fifteen day period is something we should all 0:02:05.760 --> 0:02:08.440 try to adhere to as much as we can give 0:02:08.480 --> 0:02:11.919 the government a little more time to figure out what 0:02:11.960 --> 0:02:14.880 it is that they need. Right. I've been thinking about 0:02:15.040 --> 0:02:19.639 the best ways for us in our own individual capacity 0:02:20.000 --> 0:02:23.200 to try and fight against this or prevent the spread 0:02:23.200 --> 0:02:25.880 of this. But the fifteen days was supposed to be 0:02:26.000 --> 0:02:28.639 allowing the government to get prepared, really to play catch up. 0:02:28.720 --> 0:02:32.799 Because the government lost time, and I've seen even more 0:02:32.840 --> 0:02:36.600 information now about the problem, not just with the CDC 0:02:36.760 --> 0:02:41.359 but with the FDA. Government agencies are not capable of 0:02:41.400 --> 0:02:46.400 moving swiftly and decisively. It is like against their bureaucratic DNA. 0:02:47.000 --> 0:02:48.480 If we have time, we'll get into some more of 0:02:48.600 --> 0:02:52.040 the information on that how exactly that all fell apart. 0:02:53.080 --> 0:02:57.600 But now we've gone through a week of these extreme 0:02:57.600 --> 0:03:03.320 measures at different levels, and we have all these on 0:03:03.360 --> 0:03:06.120 the screens. If you're watching TV or if you're opening 0:03:06.200 --> 0:03:09.079 up the news, you look at the cases around the world. 0:03:09.680 --> 0:03:12.800 Three hundred and fifty thousand more or less as of today, 0:03:13.919 --> 0:03:17.960 about fifteen thousand, three hundred deaths worldwide, over one hundred 0:03:17.960 --> 0:03:23.200 thousand recoveries worldwide, pending cases two hundred and thirty plus thousand. 0:03:24.560 --> 0:03:27.200 That's in a population of what seven going on eight 0:03:27.240 --> 0:03:32.600 billion people. The numbers are actually quite small, and I 0:03:32.680 --> 0:03:36.480 want to bring to your attention the most interesting analysis 0:03:36.520 --> 0:03:41.280 of this that I have seen from a true epidemiologist, 0:03:42.720 --> 0:03:48.400 a person who is honestly able to look at this 0:03:48.560 --> 0:03:54.400 and not be not be terrified, not be overwhelmed by 0:03:54.480 --> 0:03:57.160 the pressures of the moment, and see where this is 0:03:57.200 --> 0:04:02.560 all really going. So this is something that's very important 0:04:02.560 --> 0:04:07.400 for us. The economy is falling apart right now in 0:04:07.440 --> 0:04:10.400 real time. I don't want to overstate this. I know 0:04:10.520 --> 0:04:13.560 we're already dealing with a lot of anxiety. We already 0:04:13.600 --> 0:04:19.040 have a lot of problems with regard to unemployment. We 0:04:19.120 --> 0:04:20.840 understand that this is going to aspire a lot of 0:04:20.839 --> 0:04:24.320 control very quickly. But the President tweeted this out. We 0:04:24.360 --> 0:04:26.200 cannot let the krebe worse than the problem. It's at 0:04:26.240 --> 0:04:27.840 the end of the fifteen day period, we will make 0:04:27.839 --> 0:04:30.320 a decision as to which way we want to go. 0:04:32.360 --> 0:04:37.840 Okay that when this fifteen day period is over, America's 0:04:37.839 --> 0:04:40.920 got to go back to work. We can't do this. 0:04:41.880 --> 0:04:48.039 We simply cannot do this. It's not feasible. That's why 0:04:48.080 --> 0:04:51.159 when I hear things like Governor Cuomo, who I do 0:04:51.240 --> 0:04:54.760 think is trying to be an adult about this whole situation. 0:04:54.800 --> 0:04:58.440 I think he's being responsible about this whole situation. When 0:04:58.480 --> 0:05:02.960 I hear him say this, I'm disheartened because this is 0:05:03.000 --> 0:05:05.760 not really an option, this is not really a possibility. 0:05:07.000 --> 0:05:09.240 Here's what he says, play clip five. This is not 0:05:09.320 --> 0:05:12.480 a short term situation. This is not a long weekend. 0:05:12.640 --> 0:05:15.960 This is not a week The timeline nobody can tell you. 0:05:16.200 --> 0:05:20.560 It depends on how we handle it. But up to 0:05:20.720 --> 0:05:25.479 eighty percent of the population will wind up getting this virus. 0:05:25.880 --> 0:05:28.440 All we're trying to do is slow the spread, but 0:05:28.640 --> 0:05:33.359 it will spread. It is that contagious again. That's nothing 0:05:33.360 --> 0:05:36.839 to panic over. You saw the numbers, unless you're older 0:05:36.880 --> 0:05:41.640 with an underlying illness, etc. It's something that you're going 0:05:41.680 --> 0:05:44.240 to resolve, but it's going to work its way through. 0:05:44.320 --> 0:05:50.240 Society will manage that capacity rate, but it is going 0:05:50.320 --> 0:05:54.880 to be four months, six months, nine months. You look 0:05:54.920 --> 0:06:00.359 at China once they really change the trajectory, we have 0:06:00.640 --> 0:06:07.840 not done yet eight months. We're in that range. We're 0:06:07.880 --> 0:06:10.720 not in that range because we can't be. And this 0:06:10.800 --> 0:06:12.680 is what the President has woken up to this week. 0:06:12.720 --> 0:06:18.400 People who understand the economy, who understand macroeconomics, or just 0:06:18.480 --> 0:06:23.440 forget about macroeconomics, just common sense. What happens when people, 0:06:23.560 --> 0:06:26.160 all of a sudden, after being told they can't they're 0:06:26.200 --> 0:06:29.839 not allowed, legally not allowed. You would be violating a 0:06:30.000 --> 0:06:33.760 state mandate of quarantine if you try to open up 0:06:33.800 --> 0:06:36.920 your bar, open up your small business. What happens when 0:06:36.920 --> 0:06:40.719 those people feel like they're not just losing their businesses, 0:06:40.760 --> 0:06:43.040 they can't feed their families. Twelve hundred dollars check from 0:06:43.040 --> 0:06:45.159 the government here, twelve hundred dollars check from the government there. 0:06:45.680 --> 0:06:47.600 That's not going to do it. That's not going to 0:06:47.680 --> 0:06:54.039 cover everyone's expenses. What happens. Then the government has been 0:06:54.600 --> 0:06:57.960 so reactive to this because I do think that the press, 0:06:58.640 --> 0:07:01.119 and I'm sorry, I wish it were not the case, 0:07:01.160 --> 0:07:05.560 but I do believe that the press is a portion 0:07:05.640 --> 0:07:11.640 of them, are deeply pleased with the notion that now 0:07:11.720 --> 0:07:15.360 Donald Trump faces a crisis that is a real crisis, 0:07:15.400 --> 0:07:18.360 not like Russia collusion, not like the Ukraine phone call 0:07:18.440 --> 0:07:21.040 and the impeachment fiasco and all the other things they 0:07:21.040 --> 0:07:23.520 made up. You know, the emoluments clause and Trump is crazy, 0:07:23.560 --> 0:07:28.040 and Trump sexually assaulted somebody, and a what do you 0:07:28.080 --> 0:07:32.000 call it? A retail store, trying the department stores. We're 0:07:32.040 --> 0:07:34.160 trying to think of all these crazy stories you've heard 0:07:35.000 --> 0:07:37.760 it's all nonsense. Well, this is real, and there's a 0:07:37.760 --> 0:07:40.000 lot there are a lot of people in the press 0:07:40.800 --> 0:07:43.880 who like the fact that now they have a crisis 0:07:44.560 --> 0:07:48.440 that they can bash Trump with. And we'll get into this. 0:07:48.440 --> 0:07:49.960 This is real. I mean, the politics of this are 0:07:49.960 --> 0:07:52.560 becoming very apparent. And I have to tell you, I 0:07:52.600 --> 0:07:56.680 am really sick and tired of people in the media 0:07:56.720 --> 0:08:01.680 and in positions of perception of authority right now, right 0:08:01.800 --> 0:08:05.960 perceived authority, whether it's to give us information or it's 0:08:06.040 --> 0:08:09.520 government officials. I've gotten really sick and tired of them 0:08:09.560 --> 0:08:12.360 saying this isn't political, and then they go on to 0:08:12.400 --> 0:08:15.720 say something grotesquely political, and I'm supposed to sit there 0:08:15.720 --> 0:08:17.440 and go, Okay, well it's not political, so I'll just 0:08:17.520 --> 0:08:22.080 let them keep doing what they're doing. The dishonesty here, 0:08:23.320 --> 0:08:25.840 the lack of seriousness from the left and from the Libs, 0:08:26.640 --> 0:08:31.360 is greatly concerning. It really is. But we have to 0:08:31.760 --> 0:08:34.360 focus on the first order business here. Yeah, of course 0:08:34.400 --> 0:08:37.400 the rescue package is delayed. I'll bring you up to 0:08:37.440 --> 0:08:40.360 speed on that. Nancy Pelosi is a person of no ethics, 0:08:40.400 --> 0:08:43.480 no integrity, no honor. That's not a surprise. Well knew 0:08:43.480 --> 0:08:47.400 that people are suffering. The working class the Democrats pretend 0:08:47.440 --> 0:08:49.080 to care so much about are the ones who are 0:08:49.080 --> 0:08:53.480 suffering the most. They are in true fear for their livelihoods. 0:08:53.480 --> 0:08:57.240 And small business owners are going to watch as everything 0:08:57.240 --> 0:08:59.240 that they've built this appears. Do you think anyone's going 0:08:59.280 --> 0:09:03.120 to write them a check for the restaurant that they 0:09:03.320 --> 0:09:07.480 spent five ten years with their own hands, late nights, 0:09:07.960 --> 0:09:12.480 tough months, scrimping, saving, doing everything they could to try 0:09:12.480 --> 0:09:14.199 to keep it going. And finally they've got a good 0:09:14.200 --> 0:09:17.080 customer base, they've got decent cash flow. You know, maybe 0:09:17.080 --> 0:09:21.280 they're operating on five seven percent profit margin for all 0:09:21.679 --> 0:09:26.520 their all their expenses year and year out, and that 0:09:26.640 --> 0:09:28.760 shuts down. Guess what, the govern's not going to pay 0:09:28.800 --> 0:09:31.920 you for that entity. The best thing that they could 0:09:31.960 --> 0:09:34.160 possibly do is try at this point that they're talking 0:09:34.160 --> 0:09:36.520 about is trying to help you keep payroll going for 0:09:36.559 --> 0:09:37.960 a while, but you still have rent, you still have 0:09:38.000 --> 0:09:42.000 other expenses, and it's just not going to work. We 0:09:42.040 --> 0:09:46.160 all know this. So we've been so focused on is 0:09:46.200 --> 0:09:50.160 this virus going to kill all of us? Basically that's 0:09:50.160 --> 0:09:53.600 really been the perception and the answers. No, it's not 0:09:53.600 --> 0:09:57.160 not even close. If we did absolutely nothing, if we 0:09:57.160 --> 0:10:00.199 were running around high five in kissing each other, are 0:10:00.200 --> 0:10:05.400 on the cheek, constantly gathering in large numbers, going on partying, 0:10:05.480 --> 0:10:08.520 doing what these generations Z people, By the way, don't 0:10:08.559 --> 0:10:11.000 blame this on the millennials, gen Z, I'm watching you 0:10:11.840 --> 0:10:15.760 down on spring break. Millennials now are most of them 0:10:15.840 --> 0:10:18.640 late twenties into their thirties, a lot of them are married, 0:10:18.640 --> 0:10:22.240 a lot of them have kids, gen Z, was I 0:10:22.280 --> 0:10:24.680 don't not letting them pull this gen z were the 0:10:24.720 --> 0:10:28.640 ones that were doing shots of soco and lime and 0:10:28.720 --> 0:10:31.880 Jagermeister down in Clearwater and wherever else. They were gathered 0:10:31.920 --> 0:10:36.280 in Florida until they shut the beaches down there. But 0:10:36.440 --> 0:10:40.000 now as when we start to recognize we can't keep 0:10:40.040 --> 0:10:44.520 doing this, this doesn't work. The government isn't going to 0:10:44.559 --> 0:10:46.480 be able to turn the economy back on because the 0:10:46.480 --> 0:10:50.199 economy is going to be dead. And those who were 0:10:50.200 --> 0:10:52.760 saying fuck this is about protecting life. I saw there 0:10:52.800 --> 0:10:56.000 was a Cuomo line, I think from Friday, but it 0:10:56.040 --> 0:10:57.920 might have been over the weekend, that he'll be happy 0:10:57.960 --> 0:11:02.680 with all these measures if it's just one life. No, 0:11:02.880 --> 0:11:06.000 that's a terrible idea. We accept that there are a 0:11:06.000 --> 0:11:09.240 lot of things that we don't do that would save lives, 0:11:09.920 --> 0:11:13.360 but the cost to the rest of our existence isn't 0:11:13.400 --> 0:11:17.760 worth it. The one that everyone always points to is driving. Right, 0:11:17.840 --> 0:11:20.680 thirty to forty thousand fatalities from driving in the United 0:11:20.720 --> 0:11:25.000 States every year. Okay, but what are we supposed to 0:11:25.040 --> 0:11:28.760 do about that? If we drove at twenty miles an 0:11:28.760 --> 0:11:33.480 hour everywhere, there would probably be a hundreds instead of 0:11:33.520 --> 0:11:36.679 tens of thousands of vehicle fatalities, maybe a few thousand. 0:11:36.800 --> 0:11:38.600 It would cut it down if the speed limit was 0:11:38.960 --> 0:11:42.160 strictly enforced at twenty miles an hour. If somebody went 0:11:42.160 --> 0:11:43.880 over twenty miles an hour, you take their car away. 0:11:43.880 --> 0:11:45.439 You're gonna tell me that's not going to cut down. 0:11:45.640 --> 0:11:47.280 But think about what that would be like to live. 0:11:48.200 --> 0:11:50.120 What would that mean for commerce? What would that mean 0:11:50.160 --> 0:11:52.600 for you getting home, you getting to work, you getting around? 0:11:54.160 --> 0:11:56.080 Those are trade offs. We're going to have to have 0:11:56.200 --> 0:12:03.160 a serious adult American conversation about the tradeoffs here. The 0:12:03.240 --> 0:12:05.720 President has talked about this in the context of it 0:12:05.760 --> 0:12:09.560 being a war, and I think that's a useful way 0:12:09.600 --> 0:12:12.560 to speak about this. But we must remember that in 0:12:12.640 --> 0:12:16.240 wars there are casualties, and I know we're already taking 0:12:16.280 --> 0:12:18.240 some and every loved one that we lose. You know, 0:12:18.280 --> 0:12:21.240 for every family where someone dives from virus, hits a tragedy. 0:12:21.880 --> 0:12:24.400 But we also have to understand that for every family 0:12:24.400 --> 0:12:29.280 where someone dies flu from H one and one from 0:12:29.320 --> 0:12:33.200 heart failure, from cancer, from accidents in and around the home, 0:12:33.760 --> 0:12:38.920 those are all tragedies too, just as tragic. We seem 0:12:39.040 --> 0:12:42.400 to have frightened ourselves into a corner here, or we 0:12:42.440 --> 0:12:45.880 think we have to do everything in anything, because we 0:12:45.920 --> 0:12:49.320 have to make sure that there is a bare minimum 0:12:49.400 --> 0:12:51.960 risk from this instead of a manageable risk from this. 0:12:52.000 --> 0:12:55.720 Those are not the same thing. If we try this 0:12:55.920 --> 0:13:01.000 bare minimum risk approach, we risk and we don't risk. 0:13:01.200 --> 0:13:05.760 If we continue with this bare minimum risk approach, we're 0:13:05.800 --> 0:13:08.240 going to destroy the United States economy and with it 0:13:08.720 --> 0:13:13.640 there'll be civil disorder, riots in the streets, mass non compliance, 0:13:13.960 --> 0:13:17.560 class warfare that actually starts to look like warfare. This 0:13:17.640 --> 0:13:25.640 is going to get really ugly, and people's livelihoods, intergenerational 0:13:25.679 --> 0:13:31.120 economic destruction, all of this will occur, and it's really 0:13:31.120 --> 0:13:34.760 almost a near certainty if we continue on this current path. 0:13:36.000 --> 0:13:40.440 The government is just running on money created by us. 0:13:41.480 --> 0:13:45.000 The only reason the United States government is the powerhouse 0:13:45.040 --> 0:13:48.960 it is is because of us economic activity. Right any 0:13:48.960 --> 0:13:51.959 country can print money. The reason American money is so 0:13:52.080 --> 0:13:56.240 valuable is because of the assets, the ingenuity, the capital, 0:13:56.360 --> 0:13:59.360 human and otherwise. All of the United States of America 0:13:59.640 --> 0:14:04.600 are industry, our commerce, our capitalism, our system. This is 0:14:04.600 --> 0:14:07.800 why people trust us to pay our bills, this is 0:14:07.800 --> 0:14:12.080 why we're the reserve currency, and we're now at risk 0:14:12.200 --> 0:14:14.120 if we continue doing this, not just on the civil 0:14:14.120 --> 0:14:18.320 disorder side, which I think is very apparent. We're also 0:14:19.040 --> 0:14:22.280 effectively going to be running an experiment that would run 0:14:22.320 --> 0:14:24.720 close to what you call modern monetary theory. I've talked 0:14:24.720 --> 0:14:27.360 to you about this before. This is the AOC far 0:14:27.560 --> 0:14:31.320 left wing Bernie Sanders economic advisor approach to an economy. 0:14:31.840 --> 0:14:35.400 Don't worry, just write the check. Doesn't matter how big 0:14:35.400 --> 0:14:37.560 it is, doesn't matter how bigger deficit is. Whatever you want, 0:14:37.600 --> 0:14:39.400 whatever you think is a social good, right to check 0:14:39.440 --> 0:14:42.000 for it, figure it out later. Just trying to manage 0:14:42.080 --> 0:14:44.600 just quote, trying to manage inflation unquote right, that's what 0:14:44.640 --> 0:14:48.040 they'll say. This is a way. The problem with inflation 0:14:48.120 --> 0:14:49.720 is that usually when it sets in, it's very hard 0:14:49.720 --> 0:14:51.720 for governments to deal with. And if inflation gets bad 0:14:51.800 --> 0:14:55.000 quickly because the market is speaking, not just because policymakers 0:14:55.000 --> 0:14:58.320 are saying one thing or another, guess what, then all 0:14:58.400 --> 0:15:02.120 of a sudden you could have the complete annihilation of 0:15:02.120 --> 0:15:04.840 an economy, which has happened in countries. We've seen this happened. 0:15:04.840 --> 0:15:07.280 People who's talking about why mar Republic in Germany. You 0:15:07.600 --> 0:15:09.720 look at Zimbabwe, look at what's going on in Venezuela. 0:15:09.760 --> 0:15:13.480 These economies effectively barely exist. I mean they're back to 0:15:13.520 --> 0:15:16.160 almost trade and barter because of what's been done to 0:15:16.200 --> 0:15:18.720 their currency. We're going to start spending a trillion dollars here, 0:15:18.720 --> 0:15:20.720 a trillion dollars there, on top of twenty two trillion 0:15:20.720 --> 0:15:23.840 dollars of debt. The people who have been worried about 0:15:24.040 --> 0:15:27.800 US debt being too high for decades, you were all correct. 0:15:28.600 --> 0:15:31.040 You've always been correct. How many times have I said, 0:15:31.120 --> 0:15:33.200 in short segments on this show in the last year, 0:15:33.280 --> 0:15:34.960 those of you who have really been with me here 0:15:34.960 --> 0:15:37.280 in the Hut, day in and day out, how many 0:15:37.320 --> 0:15:39.040 times I said, Look, no one wants, no one cares, 0:15:39.040 --> 0:15:40.600 but the debt's too high, and we all know it. 0:15:40.640 --> 0:15:43.080 No one cares though things are good. I'm just telling 0:15:43.080 --> 0:15:44.560 you it's too high, and I know people don't want 0:15:44.560 --> 0:15:47.840 to hear about it. Well, now everyone's saying, wow, it 0:15:47.920 --> 0:15:50.680 was kind of fiscally irresponsible to spend a trillion dollars 0:15:50.680 --> 0:15:54.160 when the economy was a trillion dollars more than we 0:15:54.160 --> 0:15:57.840 were taking in to run up the debt by a 0:15:57.920 --> 0:16:01.080 trillion dollars a year. That was fiscally responsible when things 0:16:01.080 --> 0:16:03.880 were rocking in the economy was great, and it was, 0:16:03.920 --> 0:16:06.720 but nobody wanted to hear it. Nobody wants to believe 0:16:06.720 --> 0:16:08.880 there's no Santa Claus, especially when they're politicians, to say, 0:16:08.880 --> 0:16:14.040 oh yeah, I'm Santa Claus. The Democrats. We can't keep 0:16:14.120 --> 0:16:18.280 doing what we are doing right now for long. Maybe 0:16:19.400 --> 0:16:23.480 maybe we could stretch this out into the next month, 0:16:23.560 --> 0:16:27.160 maybe the middle of April, but right around what used 0:16:27.160 --> 0:16:28.640 to be known as tax Day now it's been pushing 0:16:28.640 --> 0:16:31.200 in July fifteenth, right around the middle of April. If 0:16:31.240 --> 0:16:34.880 we have this complete shutdown of business in place, we 0:16:34.920 --> 0:16:38.080 are looking at national we are looking at a national 0:16:38.120 --> 0:16:44.920 economic suicide. We are heading for great depression. To a 0:16:45.120 --> 0:16:50.120 thirty percent jobless rate is on the horizon. That's unsustainable 0:16:50.240 --> 0:16:53.920 even in the short term. Can't do it. We have 0:16:54.080 --> 0:16:57.160 been through pandemics before, we have been through wars before. 0:16:57.680 --> 0:17:00.520 I think we've gotten very comfortable in American in this society, 0:17:00.560 --> 0:17:03.800 thinking that we'll never have to make the tough choices again. 0:17:04.080 --> 0:17:06.040 A tough choice is telling people to stay home. You know, 0:17:06.040 --> 0:17:09.080 it's a really tough choice telling people that we're going 0:17:09.119 --> 0:17:10.720 to put some measures in place, but we are going 0:17:10.760 --> 0:17:12.600 to go to work and we're going to lose people 0:17:12.720 --> 0:17:14.960 to this virus. But we're also not going to allow 0:17:15.000 --> 0:17:17.960 the country to completely collapse. That is a really tough 0:17:18.080 --> 0:17:22.080 choice that will require real leadership, and we have to 0:17:22.119 --> 0:17:27.119 push them right now to do that. You're in the 0:17:27.280 --> 0:17:34.760 Freedom Hunt. This is the Buck Sexton Show podcast. I 0:17:34.800 --> 0:17:37.160 think it's part of my duty not just to inform 0:17:37.240 --> 0:17:39.679 you about what's going on right now in the midst 0:17:39.720 --> 0:17:43.400 of this true national crisis. I also think I need 0:17:43.440 --> 0:17:45.120 to make the argument here, need to make the case 0:17:45.200 --> 0:17:49.920 about why we can't continue these measures. And I understand 0:17:49.920 --> 0:17:51.840 there will be costs. I understand this is going to 0:17:51.840 --> 0:17:54.080 be very difficult, but I want to make the case today, 0:17:54.080 --> 0:17:56.159 in this week. Why we're in week two of the 0:17:56.200 --> 0:18:00.560 fifteen days, this is it. After this, we still practice 0:18:00.800 --> 0:18:04.200 some sensible social distancing. We still take measures to protect 0:18:04.240 --> 0:18:08.399 our vulnerable population, no question about it, tremendous expenditure of 0:18:08.440 --> 0:18:12.159 resources at the personal and all throughout government level to 0:18:12.200 --> 0:18:15.119 protect those who are the more vulnerable population. But a 0:18:15.119 --> 0:18:16.720 lot of the rest of us need to be told 0:18:16.960 --> 0:18:19.040 if you want to go in and work and you 0:18:19.080 --> 0:18:21.880 want to try to conduct normal business, you are allowed 0:18:21.920 --> 0:18:24.480 to do it, even though you are aware of the risks, 0:18:24.480 --> 0:18:26.919 and there will be risks. Then we will lose people. 0:18:27.680 --> 0:18:30.400 But as I've been saying, if this is a war, 0:18:30.960 --> 0:18:34.000 we should expect that there will be losses. Then we 0:18:34.040 --> 0:18:36.160 need to make policy based on what is best for 0:18:36.200 --> 0:18:39.640 all of us, not what is best for eliminating risk, 0:18:39.680 --> 0:18:42.480 because we can never do that. Thanks for listening to 0:18:42.480 --> 0:18:46.840 The Bus Sesson Show podcasts. Remember to subscribe on Apple podcasts, 0:18:46.960 --> 0:18:51.439 the iHeartRadio app, or wherever you get your podcasts. I 0:18:51.480 --> 0:18:54.440 want America to understand this week, it's going to get 0:18:54.520 --> 0:18:58.320 bad and we really need to come together as a nation. 0:18:58.640 --> 0:19:01.280 I heard the stories that you were just playing young 0:19:01.359 --> 0:19:06.440 people out on beaches. We see here in DC that 0:19:06.720 --> 0:19:09.600 the district set up a cam for people to watch 0:19:09.600 --> 0:19:11.520 the cherry blossoms. If you look on the cam, you 0:19:11.520 --> 0:19:14.240 see more people walking around than you see cherry blossoms. 0:19:14.480 --> 0:19:17.280 And this is how the spread is occurring. And so 0:19:17.600 --> 0:19:22.840 we really, really, I think that there are a lot 0:19:22.920 --> 0:19:25.199 of people who are doing the right things, but I 0:19:25.280 --> 0:19:28.000 think that unfortunately we're finding out a lot of people 0:19:28.119 --> 0:19:30.119 think this can't happen to them when you look at 0:19:30.160 --> 0:19:32.080 what's going on in New York. And we said this 0:19:32.200 --> 0:19:34.240 at the beginning of our fifteen Days to Stop the 0:19:34.280 --> 0:19:37.439 Spread initiative, that the numbers you see reflect what happens 0:19:37.560 --> 0:19:41.119 two weeks ago. We don't want Dallas or New Orleans 0:19:41.320 --> 0:19:44.040 or Chicago to turn into the next New York. And 0:19:44.080 --> 0:19:46.119 it means everyone needs to be taking the right steps 0:19:46.480 --> 0:19:52.520 right now. And that means stay at home, okay for 0:19:52.560 --> 0:19:57.280 two weeks. It's in doing enormous damage already the economy. 0:19:57.320 --> 0:20:02.320 Let's understand that even even with a two week policy 0:20:02.359 --> 0:20:07.120 in place like this of lockdown, we are risking massive 0:20:07.200 --> 0:20:10.520 economic damage. And I want to tell you about that, 0:20:11.160 --> 0:20:13.960 so we all understand we're heading right now. The estimates 0:20:13.960 --> 0:20:18.360 are we're heading for a thirty percent joblessness rate if 0:20:18.400 --> 0:20:23.600 we stay on this current course. Thirty percent. Anybody want 0:20:23.600 --> 0:20:27.600 to guess what the jobless rate was in the Great 0:20:27.640 --> 0:20:32.760 Depression twenty five percent. I don't even really think that 0:20:32.800 --> 0:20:34.840 we're going to be able to snap back out of this. 0:20:36.080 --> 0:20:40.560 We did not in nineteen eighteen have a total secession 0:20:40.640 --> 0:20:44.199 of all activity in response to this, and then we 0:20:44.320 --> 0:20:46.400 did historically. Just go back and look what happened after 0:20:46.480 --> 0:20:49.719 nineteen eighteen nineteen nineteen, a period in America known as 0:20:49.720 --> 0:20:55.640 the Roaring twenties. Tremendous growth, prosperity, relative peace didn't last 0:20:55.680 --> 0:21:00.800 too long overall, But the twenties were good. That's what happened, 0:21:01.840 --> 0:21:05.400 and we lost millions of Americans in that circumstance. Now, 0:21:05.480 --> 0:21:08.480 I understand millions of Americans right now. That would seem 0:21:08.480 --> 0:21:10.600 to be too high a cost for anyone to bear. 0:21:11.240 --> 0:21:13.520 But we have a much better healthcare system now than 0:21:13.560 --> 0:21:16.600 we did then. We have much better treatments in general, 0:21:16.640 --> 0:21:20.080 meaning ventilators, you know, much better procedures in place, perhaps 0:21:20.200 --> 0:21:22.119 is the way to say it, than we did in 0:21:22.200 --> 0:21:26.560 nineteen eighteen to help people that had interstitial pneumonia, which 0:21:26.640 --> 0:21:29.040 is a very scary thing, and I understand that comes 0:21:29.040 --> 0:21:31.320 with a lot of the very dangerous cases of this, 0:21:32.119 --> 0:21:36.520 but we don't really have data to support the annihilation 0:21:36.560 --> 0:21:38.040 of the US economy. By the way, I am going 0:21:38.040 --> 0:21:40.120 to take the Democrats to task for what they've done 0:21:40.119 --> 0:21:44.360 here with holding up this aid bill that everyone agrees 0:21:44.480 --> 0:21:47.720 is needed. The Democrat the Democrat Party is a disgrace. 0:21:47.840 --> 0:21:52.159 I mean, they are true national hostage takers. Pelosi and 0:21:52.200 --> 0:21:56.800 Schumer are unethical, scummy, disgraceful people. I will get there, 0:21:56.840 --> 0:21:59.199 but I want to focus to start out with on 0:22:00.080 --> 0:22:05.800 right now, this key decision making the calculation about what 0:22:06.000 --> 0:22:09.680 is acceptable for us in terms of losses and what 0:22:09.720 --> 0:22:12.760 we need to do in order to get the economy 0:22:12.920 --> 0:22:14.639 running again. By the way, the economy is not going 0:22:14.680 --> 0:22:17.720 to be off to a gallop. That's not going to happen. 0:22:17.960 --> 0:22:20.199 I'm just saying, we need to get some stuff going here. 0:22:20.240 --> 0:22:22.919 We need to get businesses moving to the degree that 0:22:22.960 --> 0:22:26.240 we can, because otherwise there's not going to be an 0:22:26.240 --> 0:22:32.000 economy to restart. Keeping this shutdown going as is much 0:22:32.040 --> 0:22:34.360 longer than this week. And I've given member I said, 0:22:34.359 --> 0:22:37.119 the fifteen days. Fine, that's what they say they need 0:22:37.400 --> 0:22:40.600 to get ready for this. Fifteen days that does That's 0:22:40.600 --> 0:22:45.840 not four months, it's not even thirty days. So the President, 0:22:45.880 --> 0:22:49.159 I think understands us. He knows the status quo cannot hold. 0:22:49.600 --> 0:22:52.240 I am seeing all these messages from people and hearing 0:22:52.240 --> 0:22:57.080 from people everywhere that they're going to lose everything. People 0:22:57.400 --> 0:23:01.960 put their hearts, their lives, their heart and soul, everything 0:23:02.720 --> 0:23:09.480 into building a career, building a business, saving up some money, 0:23:09.520 --> 0:23:12.639 trying to make sure they're up with their bills. What 0:23:12.800 --> 0:23:16.520 happens now, the confederal Government's not going to make anybody 0:23:16.600 --> 0:23:20.680 whole whose business is gone. It's not going to happen. 0:23:21.680 --> 0:23:23.880 You can't just rehire all the people that have been 0:23:23.880 --> 0:23:27.520 fired as businesses have closed down. Think about all the 0:23:27.560 --> 0:23:31.280 time it'll just take to untangle the insurance claims they 0:23:31.280 --> 0:23:34.160 are going to come out of this. All the lawyered 0:23:34.240 --> 0:23:37.199 up bureaucratic minut show that this is going to go. 0:23:37.280 --> 0:23:40.399 I mean, it's just going to be a mess, a mess, 0:23:42.960 --> 0:23:46.440 and America is going to have to go to work 0:23:46.640 --> 0:23:49.600 very soon. Because even if that means there are more 0:23:49.640 --> 0:23:54.800 casualties from COVID nineteen than would occur into this continued 0:23:54.800 --> 0:23:59.800 extreme shutdown, it doesn't matter. And this is a hard 0:23:59.840 --> 0:24:02.800 thing to say, but it is reality and we need 0:24:02.840 --> 0:24:08.040 to accept it and act on it. Now. I could 0:24:08.119 --> 0:24:11.919