1 00:00:00,400 --> 00:00:05,080 Speaker 1: Now on Bloomberg Government, what are the political reality The 2 00:00:05,080 --> 00:00:07,680 Speaker 1: president has been increasingly frustrated. I want to try to 3 00:00:07,720 --> 00:00:10,680 Speaker 1: cut through the noise politically. This is devastating. Sound On 4 00:00:11,039 --> 00:00:15,560 Speaker 1: with Kevin, the insiders, the influencers, the insiders. It is 5 00:00:15,560 --> 00:00:18,079 Speaker 1: no secret that I care a lot about the consumers. 6 00:00:18,280 --> 00:00:21,320 Speaker 1: There are real questions about good tech. We still have 7 00:00:21,360 --> 00:00:23,560 Speaker 1: more leverage to use with the tariffs. I think we 8 00:00:23,600 --> 00:00:26,360 Speaker 1: could do with a little less drama from the White 9 00:00:26,600 --> 00:00:30,920 Speaker 1: is Sound on with Kevin's he related on Bloomberg one 10 00:00:31,040 --> 00:00:33,000 Speaker 1: and one oh five point seven a m h D 11 00:00:33,120 --> 00:00:37,400 Speaker 1: two Boltemore, Happy hump Day, What a speech? What'd you 12 00:00:37,440 --> 00:00:39,920 Speaker 1: think of it? We've got an all star panel covering 13 00:00:40,040 --> 00:00:43,919 Speaker 1: every corner of last night's State of the Union address, 14 00:00:44,000 --> 00:00:47,320 Speaker 1: plus where President Trump goes from here with just a 15 00:00:47,360 --> 00:00:52,080 Speaker 1: few short days to avert another partial government shutdown, all 16 00:00:52,120 --> 00:00:54,240 Speaker 1: of that with an all star panel. Adrian L. Rod, 17 00:00:54,280 --> 00:01:00,840 Speaker 1: Democratic strategist and former Clinton presidential campaign director of Strategic Communications, 18 00:01:01,240 --> 00:01:04,639 Speaker 1: and Jason Miller, former senior communications adviser to the Trump 19 00:01:04,680 --> 00:01:09,959 Speaker 1: campaign UH and also now a Washington crisis communications advisor. 20 00:01:10,080 --> 00:01:13,200 Speaker 1: But first, let's get a check of the headlines from 21 00:01:13,280 --> 00:01:17,399 Speaker 1: Nancy Lions Nancy thanks Kevin. Foreign ministers from around the 22 00:01:17,440 --> 00:01:20,520 Speaker 1: world are in Washington attending a meeting of the Global 23 00:01:20,640 --> 00:01:24,960 Speaker 1: Coalition to defeat ISIS. President Trump touted major progress in 24 00:01:25,000 --> 00:01:28,240 Speaker 1: the efforts to neutralize Islamic State. It should be formally 25 00:01:28,280 --> 00:01:35,120 Speaker 1: announced sometime probably next week, that we will have of 26 00:01:35,160 --> 00:01:38,560 Speaker 1: the caliphate. A United Nations report out today, though, refutes 27 00:01:38,600 --> 00:01:41,440 Speaker 1: the President's view and concludes Islamic State is still the 28 00:01:41,560 --> 00:01:46,360 Speaker 1: main and best resourced terror threat. The House Intelligence Committee 29 00:01:46,360 --> 00:01:49,320 Speaker 1: will be launching a broad new investigation looking at Russian 30 00:01:49,320 --> 00:01:54,360 Speaker 1: interference in the election and President Trump's foreign financial interests. 31 00:01:54,720 --> 00:01:57,920 Speaker 1: Chairman Adam Schiff announced today Democrats are moving ahead with 32 00:01:58,000 --> 00:02:00,720 Speaker 1: the aggressive oversight that they promised when they took over 33 00:02:00,720 --> 00:02:04,720 Speaker 1: the majority. Schiff says the investigation will include whether foreign 34 00:02:04,760 --> 00:02:07,400 Speaker 1: actors have sought to hold leverage over Trump or his 35 00:02:07,440 --> 00:02:11,079 Speaker 1: family and associates, and whether anyone has sought to obstruct 36 00:02:11,120 --> 00:02:15,960 Speaker 1: any of the relevant investigations. More controversy in Virginia, with 37 00:02:16,000 --> 00:02:19,960 Speaker 1: another top Democrats saying he wore blackface at a college party. 38 00:02:20,120 --> 00:02:23,280 Speaker 1: Virginia's Attorney General Mark Herring says as a University of 39 00:02:23,400 --> 00:02:26,840 Speaker 1: Virginia student in nineteen eighty he wore brown makeup and 40 00:02:26,919 --> 00:02:29,480 Speaker 1: a wig to look like rappers he listened to at 41 00:02:29,480 --> 00:02:31,600 Speaker 1: the time, and he says as a young man, he 42 00:02:31,680 --> 00:02:34,480 Speaker 1: had a callous and an excusable lack of awareness of 43 00:02:34,520 --> 00:02:38,400 Speaker 1: the pain his behavior could cause. Governor Ralph Northam has 44 00:02:38,440 --> 00:02:41,560 Speaker 1: faced calls to resign since a racist photo from his 45 00:02:41,639 --> 00:02:45,200 Speaker 1: nineteen eighty four medical yearbook surfaced. He says he wasn't 46 00:02:45,240 --> 00:02:47,840 Speaker 1: in the photo, but that he did darken his face 47 00:02:47,880 --> 00:02:51,040 Speaker 1: to portray Michael Jackson at a party, Tracy john Key 48 00:02:51,040 --> 00:02:54,560 Speaker 1: Bloomberg and one on five point seven h D two. Well, 49 00:02:54,560 --> 00:02:58,440 Speaker 1: the woman accusing Virginia's Lieutenant Governor Justin Fairfax of sexual 50 00:02:58,520 --> 00:03:02,480 Speaker 1: misconduct has a shoot a public statement. Vanessa Tyson says 51 00:03:02,520 --> 00:03:05,840 Speaker 1: fair Fax forced her to perform oral sex fifteen years ago, 52 00:03:06,320 --> 00:03:09,000 Speaker 1: a charge he denies. He said today in a statement, 53 00:03:09,000 --> 00:03:12,720 Speaker 1: at no time, during or after did his accuser express 54 00:03:12,800 --> 00:03:16,359 Speaker 1: discomfort or concern about their interactions. He says it is 55 00:03:16,400 --> 00:03:19,160 Speaker 1: important to listen to women who come forward with allegations, 56 00:03:19,160 --> 00:03:21,440 Speaker 1: but he says he cannot agree with the description of 57 00:03:21,480 --> 00:03:25,280 Speaker 1: events that he knows is not true. Well, the district 58 00:03:25,320 --> 00:03:28,919 Speaker 1: is changing the way it prosecutes gun crimes after tallying 59 00:03:28,960 --> 00:03:32,560 Speaker 1: a forty rise in homicides last year. Did Air Mayor 60 00:03:32,639 --> 00:03:36,280 Speaker 1: Muriel Bowser announced that armed ex convicts will be prosecuted 61 00:03:36,320 --> 00:03:39,560 Speaker 1: in federal court, where the sentences are tougher. She says 62 00:03:39,600 --> 00:03:41,760 Speaker 1: these felons are to blame for much of the violence. 63 00:03:41,960 --> 00:03:45,280 Speaker 1: It's a small number of repeat violent offenders that are 64 00:03:45,320 --> 00:03:50,040 Speaker 1: responsible for a significant share of the gun crime and 65 00:03:50,120 --> 00:03:52,920 Speaker 1: our cities u s Attorney Jesse Lieu of the district 66 00:03:52,960 --> 00:03:55,480 Speaker 1: could not say how many cases would be shifted, but 67 00:03:55,560 --> 00:03:59,040 Speaker 1: said adjustments may be made as the federal Court's adapt 68 00:03:59,040 --> 00:04:02,280 Speaker 1: to the extra case load time. Now for the Bell 69 00:04:02,360 --> 00:04:05,640 Speaker 1: Wade Business Report, here is Bloomberg's Larry Kostkame Well Nancy. 70 00:04:05,680 --> 00:04:08,240 Speaker 1: It was a sleepy day on Wall Street. Investors wade 71 00:04:08,280 --> 00:04:12,120 Speaker 1: corporate earnings against concerns over trade and another government shutdown. 72 00:04:12,400 --> 00:04:15,440 Speaker 1: Lauren Danielson at RBC Wealth Management says the lack of 73 00:04:15,480 --> 00:04:18,400 Speaker 1: reaction to the State of the Union was a bit unusual. 74 00:04:18,520 --> 00:04:21,680 Speaker 1: It's just a little bit surprising that that the State 75 00:04:21,680 --> 00:04:25,120 Speaker 1: of the Union address really didn't get any kind of 76 00:04:25,120 --> 00:04:27,800 Speaker 1: a significant response from the market, pending to their investors 77 00:04:27,839 --> 00:04:30,120 Speaker 1: thought that maybe there there there would be the Jones 78 00:04:30,200 --> 00:04:33,880 Speaker 1: Industrial average dropped twenty one. The SMP five hundred fell six, 79 00:04:33,920 --> 00:04:37,240 Speaker 1: then as that composite slump twenty six. In earnings news 80 00:04:37,279 --> 00:04:39,799 Speaker 1: after the bell, met Life reports of thirty eight percent 81 00:04:39,880 --> 00:04:42,760 Speaker 1: gain and earnings for its US business. The results beat 82 00:04:42,839 --> 00:04:46,760 Speaker 1: expectations a tax windfall help the company weather a tough market. 83 00:04:47,040 --> 00:04:50,000 Speaker 1: Met Life is little changed in late trading j C. 84 00:04:50,120 --> 00:04:52,599 Speaker 1: Penny's effort to return to financial health. We'll see it 85 00:04:52,720 --> 00:04:57,000 Speaker 1: drop major appliances and sell furniture only online. The changes 86 00:04:57,040 --> 00:05:00,480 Speaker 1: are effective February twenty eight. The Bloomberg nine nine one 87 00:05:00,520 --> 00:05:03,640 Speaker 1: Washington d C Area stock index rose two tenths of 88 00:05:03,720 --> 00:05:06,599 Speaker 1: one percent. Europe to date. On business from the Beltway 89 00:05:06,600 --> 00:05:11,160 Speaker 1: to Baltimore. I'm Larry Kowsky. This is Bloomberg one oh 90 00:05:11,200 --> 00:05:14,400 Speaker 1: five point seven FM HD two. Thanks Larry. This news 91 00:05:14,480 --> 00:05:17,440 Speaker 1: update brought to you by SEI with a fifty year 92 00:05:17,520 --> 00:05:20,880 Speaker 1: history of innovation s e I S outsourced solutions help 93 00:05:20,920 --> 00:05:24,960 Speaker 1: achieve lasting success for investment managers, asset owners, private banks, 94 00:05:25,000 --> 00:05:28,400 Speaker 1: and independent advisors. Learn more at se I C dot 95 00:05:28,440 --> 00:05:31,240 Speaker 1: com Global News twenty four hours a day on air 96 00:05:31,320 --> 00:05:34,800 Speaker 1: and at TikTok on Twitter. Powered by more than journalists 97 00:05:34,800 --> 00:05:36,920 Speaker 1: and analysts and more than a hundred and twenty countries. 98 00:05:37,240 --> 00:05:40,600 Speaker 1: I'm Nancy Lions. Now back to you, Kevin. Thank you, Nancy. 99 00:05:40,680 --> 00:05:43,560 Speaker 1: What a speech, no matter if you're a Republican or 100 00:05:43,600 --> 00:05:47,159 Speaker 1: a Democrat. Uh. The President last night talking on a 101 00:05:47,240 --> 00:05:51,120 Speaker 1: host of different policy initiatives, laying out his vision for 102 00:05:51,160 --> 00:05:55,880 Speaker 1: the country, and Democrats responding virtually in real time. Stacy 103 00:05:55,920 --> 00:06:01,120 Speaker 1: Abrams giving that Democratic response. Irish up by a couple 104 00:06:01,360 --> 00:06:05,400 Speaker 1: of things. First, and foremost, the theatrics of it all right, 105 00:06:05,480 --> 00:06:08,360 Speaker 1: not the most important part. But there were some brief 106 00:06:08,400 --> 00:06:11,000 Speaker 1: moments of brevity last night that as I was up 107 00:06:11,040 --> 00:06:15,160 Speaker 1: there on in Statuary Hall, uh, watching the lawmakers come 108 00:06:15,200 --> 00:06:18,760 Speaker 1: in and seeing, for example, someone like Senator Kierson Gillibrand, 109 00:06:18,960 --> 00:06:21,400 Speaker 1: a Democrat from New York, walk in with none other 110 00:06:21,440 --> 00:06:24,520 Speaker 1: than Senator Tan Crews, a Republican from Texas, I did 111 00:06:24,520 --> 00:06:27,039 Speaker 1: a double take, actually did a triple take, and I 112 00:06:27,120 --> 00:06:31,279 Speaker 1: was like, I cannot believe that Senator Gearson, gilli Brand 113 00:06:31,279 --> 00:06:34,800 Speaker 1: and Senator Tan Crews are walking in Gavin talking like 114 00:06:34,880 --> 00:06:38,279 Speaker 1: they're all friends. And I was just like, good lord, 115 00:06:38,360 --> 00:06:43,040 Speaker 1: I wish I knew what they were talking about. Very 116 00:06:43,120 --> 00:06:47,440 Speaker 1: very interesting. Meanwhile, earlier that day, some other like you know, 117 00:06:47,520 --> 00:06:50,760 Speaker 1: color so to speak. Senator Gillibrand tweeted out that she 118 00:06:50,760 --> 00:06:53,800 Speaker 1: went to a spinning class folks with Senator Joni Ernst, 119 00:06:53,800 --> 00:06:55,920 Speaker 1: a Republican from Iowa. They had a selfie. We're gonna 120 00:06:55,920 --> 00:06:59,200 Speaker 1: interview Senator Johnny Arns on tomorrow show, a Republican from Iowa. 121 00:06:59,279 --> 00:07:03,880 Speaker 1: All of that stuff, aside President Trump talking about the wall, 122 00:07:03,960 --> 00:07:07,600 Speaker 1: talking about the partial government shutdown at one point went 123 00:07:07,600 --> 00:07:10,640 Speaker 1: off prompter. I'm sure every White House staffer was like, 124 00:07:10,720 --> 00:07:14,240 Speaker 1: what's what's he gonna say? Uh? And and and talk 125 00:07:14,320 --> 00:07:17,200 Speaker 1: to Democrats and gave them a shout out for electing 126 00:07:17,200 --> 00:07:21,600 Speaker 1: the largest female uh the newest class of women and 127 00:07:21,920 --> 00:07:25,120 Speaker 1: inducted into Congress. And we'll get into all of that 128 00:07:25,600 --> 00:07:28,560 Speaker 1: later on in the program as well. In addition, of 129 00:07:28,600 --> 00:07:33,240 Speaker 1: course trade policy US China trade relations, we'll touch on that, 130 00:07:33,480 --> 00:07:35,680 Speaker 1: but first I do want to start with the government shutdown, 131 00:07:35,680 --> 00:07:38,720 Speaker 1: because we do have to all star panelists to help 132 00:07:38,800 --> 00:07:43,200 Speaker 1: us navigate through the day after President Trump's State of 133 00:07:43,200 --> 00:07:46,640 Speaker 1: the Union addressed Jason Miller, former senior communications advisor to 134 00:07:46,680 --> 00:07:50,480 Speaker 1: the Trump campaign UH and the former communications director for 135 00:07:50,520 --> 00:07:53,520 Speaker 1: the Trump Transition Team UH and now as a managing 136 00:07:53,560 --> 00:07:57,400 Speaker 1: director at Tennaco strategy to Tonay. Oh my god, I 137 00:07:57,400 --> 00:08:00,720 Speaker 1: can't read. I know what Tonato strategy is, Okay, Ven 138 00:08:00,800 --> 00:08:06,800 Speaker 1: slept Adrian hell Rod, Democratic strategist for the Clinton presidential campaign, 139 00:08:06,840 --> 00:08:10,680 Speaker 1: director for strategic communications. All right, Adrian, let's start with you. 140 00:08:11,320 --> 00:08:14,880 Speaker 1: What do you think of the speech last night? About 141 00:08:14,960 --> 00:08:17,760 Speaker 1: last night? About last night? Well, exactly, because there's more 142 00:08:17,800 --> 00:08:20,480 Speaker 1: than just the speech, right, I mean there's the post 143 00:08:20,600 --> 00:08:23,040 Speaker 1: you know, post speech rebattle by the Democrat. I thought 144 00:08:23,040 --> 00:08:26,560 Speaker 1: Stacy Abrams knocked knocked it out of the ballpark. Um. 145 00:08:26,640 --> 00:08:29,320 Speaker 1: I think all three of us can certainly recall quite 146 00:08:29,360 --> 00:08:32,840 Speaker 1: a few mishaps on both the Democratic and Republican side 147 00:08:32,840 --> 00:08:36,320 Speaker 1: when it comes to the responses. There's always risk involved. 148 00:08:36,320 --> 00:08:39,320 Speaker 1: I mean, Congressman Kennedy, you know, had too much chap 149 00:08:39,320 --> 00:08:42,400 Speaker 1: stick on and Marco Rubio took a big swig of 150 00:08:42,440 --> 00:08:45,240 Speaker 1: water in the middle of his response. Um, I think Marcia, 151 00:08:45,640 --> 00:08:47,440 Speaker 1: I forget who it was, but somebody wasn't looking at 152 00:08:47,440 --> 00:08:51,400 Speaker 1: the camera directly. So there's always risk in doing the 153 00:08:51,440 --> 00:08:54,400 Speaker 1: post rebattle. But I think Stacy Abrams was the best 154 00:08:54,440 --> 00:08:57,280 Speaker 1: I've literally ever seen. Plus she was right on message, 155 00:08:57,679 --> 00:09:01,000 Speaker 1: you know, she was critical of Trump. Policies, but also 156 00:09:01,040 --> 00:09:02,959 Speaker 1: made it clear I want I'm an American. I want 157 00:09:02,960 --> 00:09:05,360 Speaker 1: to see him succeed. Here are ways of Democrats and 158 00:09:05,400 --> 00:09:09,120 Speaker 1: Republicans can work together. And by the way, um, here 159 00:09:09,240 --> 00:09:12,240 Speaker 1: is what, here's my life story, here's my mission, and 160 00:09:12,320 --> 00:09:14,000 Speaker 1: here's you know you're gonna be seeing a lot more 161 00:09:14,000 --> 00:09:16,240 Speaker 1: of me in the future. Abrams should run for president. 162 00:09:16,320 --> 00:09:19,440 Speaker 1: She should jump into that, into that crowded democratic field. 163 00:09:19,440 --> 00:09:21,000 Speaker 1: I think the more of the marrier, I think should 164 00:09:21,000 --> 00:09:23,440 Speaker 1: bring a great voice to it. Um, I think we'll 165 00:09:23,440 --> 00:09:27,280 Speaker 1: see your running for governor or sent it into I 166 00:09:27,280 --> 00:09:29,160 Speaker 1: can think a lot of candidates should actually have a 167 00:09:29,200 --> 00:09:33,440 Speaker 1: better odds on chance of I think with last night, 168 00:09:33,440 --> 00:09:35,599 Speaker 1: I think the president did what he needed to. And 169 00:09:35,640 --> 00:09:37,440 Speaker 1: there are a couple of things here. You talk about 170 00:09:37,480 --> 00:09:39,280 Speaker 1: the setting of a state of a union for all 171 00:09:39,320 --> 00:09:42,200 Speaker 1: the politics and for all of the Beltway nerds or 172 00:09:42,200 --> 00:09:44,960 Speaker 1: the politico efficionados who look at things and want to 173 00:09:45,040 --> 00:09:47,240 Speaker 1: kind of get to the snark back and forth or 174 00:09:47,280 --> 00:09:51,920 Speaker 1: what means what the fact is, that's a presidential setting 175 00:09:52,080 --> 00:09:54,560 Speaker 1: that you go into in the House with both of 176 00:09:54,559 --> 00:09:57,840 Speaker 1: the House and the Senate together, and it's your opportunity 177 00:09:57,840 --> 00:10:00,000 Speaker 1: as a president to not only talk about the accomplis 178 00:10:00,160 --> 00:10:02,439 Speaker 1: mins where you've gotten so far, but also lay out 179 00:10:02,480 --> 00:10:04,160 Speaker 1: your vision of where you want to take the country, 180 00:10:04,160 --> 00:10:06,280 Speaker 1: in President Trump's case, this next two years, but then 181 00:10:06,320 --> 00:10:09,679 Speaker 1: obviously really looking head to the next six. And I 182 00:10:09,720 --> 00:10:12,480 Speaker 1: think when you start looking at last night's speech, is 183 00:10:12,559 --> 00:10:16,800 Speaker 1: the first campaign speech by President Trump of twenty put 184 00:10:16,840 --> 00:10:18,560 Speaker 1: some things in perspective. And here's what I mean as 185 00:10:18,600 --> 00:10:21,000 Speaker 1: I said to have accomplishments with a forward division and 186 00:10:21,080 --> 00:10:24,800 Speaker 1: the bigger, broader unifying themes, but also the President drew 187 00:10:25,080 --> 00:10:28,160 Speaker 1: a few contrasts that I think were important. And so 188 00:10:28,200 --> 00:10:30,800 Speaker 1: we saw the way that he elevated socialism. Yeah, we're 189 00:10:30,800 --> 00:10:32,480 Speaker 1: gonna talk we have we're gonna talk about later in 190 00:10:32,480 --> 00:10:34,280 Speaker 1: the program because that that was a really key moment, 191 00:10:34,320 --> 00:10:39,480 Speaker 1: especially with the ascent of Congresswoman Alexandria Acascio Cortez and 192 00:10:39,559 --> 00:10:42,760 Speaker 1: then the backdrop of Venezuela and exactly. And so this 193 00:10:42,840 --> 00:10:46,560 Speaker 1: was President Trump's opportunity to lay out essentially what his 194 00:10:46,600 --> 00:10:49,320 Speaker 1: message is going to be heading into and I think 195 00:10:49,320 --> 00:10:51,640 Speaker 1: he did that. I think the base and the supporters 196 00:10:51,679 --> 00:10:54,680 Speaker 1: liked it. You look at the polling that was done afterwards. 197 00:10:54,720 --> 00:10:57,600 Speaker 1: Both CBS and CNN had independent polls saying that the 198 00:10:57,720 --> 00:11:01,840 Speaker 1: president received a seventy six of approval on what people heard, 199 00:11:01,880 --> 00:11:03,680 Speaker 1: at least as far as those who are watching it. 200 00:11:03,960 --> 00:11:05,240 Speaker 1: And I think if you're in the White House, if 201 00:11:05,240 --> 00:11:07,839 Speaker 1: you're President Trump, you probably feel pretty good. Today we're 202 00:11:07,800 --> 00:11:10,120 Speaker 1: gonna do a political pop quiz with the panel. Are 203 00:11:10,160 --> 00:11:13,120 Speaker 1: you guys ready, Yeah, let's do it. How many times 204 00:11:13,400 --> 00:11:17,160 Speaker 1: Adrian the President Trump mentioned the word wall or walls 205 00:11:17,320 --> 00:11:20,199 Speaker 1: during last night's State of the Union address got on 206 00:11:20,240 --> 00:11:27,320 Speaker 1: the spot, I'm going to guess, but but see, I 207 00:11:27,360 --> 00:11:28,880 Speaker 1: was struck by this note. I mean, you know, it's 208 00:11:28,880 --> 00:11:30,760 Speaker 1: about an hour and a half speech, but but I 209 00:11:31,000 --> 00:11:34,440 Speaker 1: wish it was very long. And respectfully, I would say 210 00:11:34,480 --> 00:11:37,360 Speaker 1: that I've grown up watching State of the Union's my 211 00:11:37,400 --> 00:11:39,480 Speaker 1: whole life. I don't care who is in the White House. 212 00:11:39,480 --> 00:11:44,160 Speaker 1: I'm like, too long. President was too long. I know 213 00:11:44,800 --> 00:11:47,560 Speaker 1: President Trump's is too long. I've lived for it. Being 214 00:11:47,600 --> 00:11:49,760 Speaker 1: able to be up there, though, is so much more 215 00:11:49,800 --> 00:11:52,319 Speaker 1: fun than watching it on TV. It will say, plish 216 00:11:52,960 --> 00:11:55,679 Speaker 1: those types of and that's one of the things if 217 00:11:55,679 --> 00:11:58,520 Speaker 1: you're a Trump supporter, and many folks, even if they're 218 00:11:58,600 --> 00:12:02,480 Speaker 1: not Trump supporters, anytime he's speaking or there's a rally 219 00:12:02,800 --> 00:12:05,439 Speaker 1: or there's stating the union. It's it's an event. It's 220 00:12:05,440 --> 00:12:08,160 Speaker 1: almost something that you tune in and what's he gonna say, 221 00:12:08,280 --> 00:12:11,160 Speaker 1: what is he going to roll out? I truly, you know, 222 00:12:11,200 --> 00:12:14,000 Speaker 1: I'm a reporter. I don't inject my opinion. But for 223 00:12:14,080 --> 00:12:17,360 Speaker 1: me it was as a reporter, it was very It 224 00:12:17,480 --> 00:12:20,880 Speaker 1: was a cool moment to see Republicans and Democrats a 225 00:12:20,920 --> 00:12:23,280 Speaker 1: couple of times last night channing USA. It was like 226 00:12:23,320 --> 00:12:26,760 Speaker 1: a breath of much needed fresh air. Very nice day 227 00:12:26,840 --> 00:12:28,040 Speaker 1: or stay. But I do want to play what President 228 00:12:28,080 --> 00:12:29,920 Speaker 1: Trump had to say about the wall. And we're just 229 00:12:30,200 --> 00:12:33,000 Speaker 1: a couple of days away from averting or running into 230 00:12:33,000 --> 00:12:35,920 Speaker 1: another partial government shutdown. Here's President Trump on the wall. 231 00:12:36,360 --> 00:12:39,640 Speaker 1: In the past, most of the people in this room 232 00:12:39,880 --> 00:12:44,960 Speaker 1: voted for a wall, but the proper wall never got built. 233 00:12:45,520 --> 00:12:54,120 Speaker 1: I will get it built, Jason. He didn't declare national emergency, 234 00:12:54,200 --> 00:12:56,920 Speaker 1: which according to my reporting and the sources that I'm 235 00:12:56,960 --> 00:13:01,280 Speaker 1: talking with, would have poured some political asselene on a 236 00:13:01,320 --> 00:13:06,600 Speaker 1: political situation for leadership and senior Democrats. So maybe run 237 00:13:06,600 --> 00:13:11,520 Speaker 1: into another government shutdown. But from a tonal, strictly tonal standpoint, 238 00:13:12,000 --> 00:13:15,640 Speaker 1: that was classic Trump. Yeah, absolutely, and there's no way 239 00:13:15,640 --> 00:13:18,360 Speaker 1: that the President could have declared a national emergency last 240 00:13:18,480 --> 00:13:20,600 Speaker 1: night for the simple fact that he's the master when 241 00:13:20,600 --> 00:13:23,600 Speaker 1: it comes to optics and the presentation. And if he 242 00:13:23,640 --> 00:13:26,400 Speaker 1: had announced that in a room with two fifty plus 243 00:13:26,720 --> 00:13:29,760 Speaker 1: political opponents, he immediately would have been boot and why 244 00:13:29,840 --> 00:13:33,120 Speaker 1: go and give the your political opponents the opportunity to 245 00:13:33,120 --> 00:13:35,640 Speaker 1: boot you. But I think as we look ahead to 246 00:13:35,920 --> 00:13:38,920 Speaker 1: this next week, obviously there's the rally that the campaign 247 00:13:38,960 --> 00:13:41,240 Speaker 1: is going to do down in El Passo, uh in 248 00:13:41,360 --> 00:13:46,880 Speaker 1: Betos hometown, and so I'm sure it's just coincidence that 249 00:13:47,240 --> 00:13:49,120 Speaker 1: it will be in El pass I can't wait to 250 00:13:49,200 --> 00:13:52,480 Speaker 1: run against Democrats. He absolutely loved to. But I think 251 00:13:52,520 --> 00:13:54,880 Speaker 1: that I think that the sooner. I think what the 252 00:13:54,920 --> 00:13:59,680 Speaker 1: President was doing last night was establishing the dynamics for 253 00:13:59,679 --> 00:14:02,439 Speaker 1: which he would go and call for a national emergency. 254 00:14:02,559 --> 00:14:04,640 Speaker 1: And so is a support of the president, someone who 255 00:14:04,720 --> 00:14:06,920 Speaker 1: supports the wall and the things we need to do 256 00:14:06,960 --> 00:14:09,719 Speaker 1: something about the crisis of the border. I hope that 257 00:14:09,800 --> 00:14:12,000 Speaker 1: coming out of next week's rally, that he declares it 258 00:14:12,080 --> 00:14:14,400 Speaker 1: soon because here's what's gonna happen. With the Sunday shows 259 00:14:14,520 --> 00:14:16,640 Speaker 1: going every day through next week. We're going to see 260 00:14:16,640 --> 00:14:19,920 Speaker 1: the countdown ticker up on other networks. They're saying how 261 00:14:19,960 --> 00:14:23,400 Speaker 1: many hours until the shutdown? And the President needs to 262 00:14:23,400 --> 00:14:26,720 Speaker 1: move quick and be decisive on this um so this 263 00:14:26,760 --> 00:14:28,880 Speaker 1: doesn't turn into something that invelops Washington for a week. 264 00:14:28,920 --> 00:14:33,960 Speaker 1: But here's the thing, Jason, only of Americans, according to 265 00:14:34,040 --> 00:14:38,080 Speaker 1: multiple polls, support a wall. So if you are president, 266 00:14:38,120 --> 00:14:40,800 Speaker 1: if you are Nancy Pelosi, if your Chuck Schumer, why 267 00:14:40,800 --> 00:14:42,840 Speaker 1: would you want to cooperate with President Trump on this? 268 00:14:43,320 --> 00:14:45,480 Speaker 1: So he's going to continue if the government shuts down 269 00:14:45,560 --> 00:14:49,480 Speaker 1: again if he's not willing to, you know, concede to 270 00:14:49,560 --> 00:14:52,080 Speaker 1: an extent on this. I mean the border security fine, 271 00:14:52,080 --> 00:14:56,880 Speaker 1: additional funding for better technology, border security fine that Democrats 272 00:14:56,880 --> 00:14:59,080 Speaker 1: will work with the President Trump on that. But why 273 00:14:59,120 --> 00:15:01,640 Speaker 1: would Nancy, is your Chuck tumor how to have any 274 00:15:02,240 --> 00:15:05,640 Speaker 1: incentivizing mechanism to work with him on this? And so 275 00:15:05,720 --> 00:15:09,240 Speaker 1: he will yet again be responsible for another shutdown and 276 00:15:09,440 --> 00:15:11,560 Speaker 1: he if he lets this hold up. I'm sure, Jason, 277 00:15:11,600 --> 00:15:13,040 Speaker 1: I know you disagree with that, but we gotta go 278 00:15:13,080 --> 00:15:14,720 Speaker 1: to break. We're much more on the wall, much more 279 00:15:14,760 --> 00:15:17,040 Speaker 1: on all of the other dynamics, and the President's State 280 00:15:17,080 --> 00:15:20,640 Speaker 1: of the Union address Adrian Elrod, Democratic trategistication, Miller, former 281 00:15:20,680 --> 00:15:23,680 Speaker 1: senior communications device just the Trump campaign. They stay remember 282 00:15:24,040 --> 00:15:25,960 Speaker 1: check us out on our heart radio, check us out 283 00:15:25,960 --> 00:15:30,920 Speaker 1: on iTunes. I'm Kevin Surreally, you're listening to bloomb An 284 00:15:30,960 --> 00:15:34,880 Speaker 1: economic miracle is taking place in the United States and 285 00:15:34,960 --> 00:15:39,160 Speaker 1: the only thing that can stop it are foolish wars 286 00:15:40,000 --> 00:15:59,680 Speaker 1: politics or ridiculous partisan investigations. That was President Trump last 287 00:15:59,760 --> 00:16:02,880 Speaker 1: night during the State of the Union address. He went 288 00:16:02,960 --> 00:16:08,480 Speaker 1: on right after that to continue to say that you 289 00:16:08,520 --> 00:16:11,760 Speaker 1: can't really make deals if you're going to continue to investigate, 290 00:16:11,800 --> 00:16:15,160 Speaker 1: and that part of this speech did not receive as 291 00:16:15,240 --> 00:16:17,680 Speaker 1: much applause as the applause immediately after that. And in fact, 292 00:16:17,720 --> 00:16:21,040 Speaker 1: when I asked Senator Chris Coon's, a Democrat from Delaware, 293 00:16:21,200 --> 00:16:24,840 Speaker 1: right after the speech and statutory hall, what he thought 294 00:16:24,840 --> 00:16:27,920 Speaker 1: of that particular moment, he described it as quote unquote 295 00:16:28,560 --> 00:16:31,680 Speaker 1: chilling his words from Senator Coon's. Adrian Elrod is a 296 00:16:31,680 --> 00:16:37,400 Speaker 1: Democratic strategist to Hillary Clinton presidential campaign UH and Jason Miller, 297 00:16:37,440 --> 00:16:42,000 Speaker 1: a former senior communications advisor to the Trump campaign. So 298 00:16:42,000 --> 00:16:46,400 Speaker 1: they were on very different sides of the debate, but 299 00:16:46,760 --> 00:16:50,240 Speaker 1: we appreciate both of them very much. Joining me and studio, 300 00:16:50,360 --> 00:16:53,720 Speaker 1: great friends of the program. Uh and and just fascinating 301 00:16:54,040 --> 00:17:00,080 Speaker 1: vantage points in the current communicative discourse. And look, I 302 00:17:00,120 --> 00:17:02,160 Speaker 1: know you're gonna disagree. You're each going to disagree with 303 00:17:02,200 --> 00:17:04,480 Speaker 1: that particular clip that we just played, but it is 304 00:17:04,600 --> 00:17:09,520 Speaker 1: so that moment for me personally as a reporter is 305 00:17:09,920 --> 00:17:13,600 Speaker 1: central to the debate we're having in our country right now. 306 00:17:14,119 --> 00:17:18,400 Speaker 1: That that's the marker and Jason. When Democrats like Chris 307 00:17:18,480 --> 00:17:21,879 Speaker 1: Coon's called that moment chilling, why was it smart? And 308 00:17:21,920 --> 00:17:23,920 Speaker 1: we talked about this leading up on this show about 309 00:17:23,920 --> 00:17:26,119 Speaker 1: whether or not President Trump would allude to Mueller and 310 00:17:26,160 --> 00:17:30,439 Speaker 1: allude to these investigations. Why do you think President Trump's 311 00:17:30,480 --> 00:17:33,840 Speaker 1: inner circle said, you know what, put this line in there? 312 00:17:33,920 --> 00:17:36,680 Speaker 1: Because that that probably there was probably, I would say, 313 00:17:36,680 --> 00:17:40,320 Speaker 1: a debate around that around that. Although hearing that and 314 00:17:40,359 --> 00:17:42,720 Speaker 1: hearing the construct of the speech, that was probably something 315 00:17:42,760 --> 00:17:44,879 Speaker 1: that the President himself said, I want to put in 316 00:17:44,920 --> 00:17:48,199 Speaker 1: here at this time. I can't imagine that one of 317 00:17:48,200 --> 00:17:50,840 Speaker 1: the folks on staff for the speechwriting team was suggesting, 318 00:17:50,880 --> 00:17:52,359 Speaker 1: here's the perfect place to do it. I think the 319 00:17:52,359 --> 00:17:55,920 Speaker 1: president has a pretty good sense for the the dramatic 320 00:17:55,960 --> 00:17:58,200 Speaker 1: and sense for timing looked at it said I want 321 00:17:58,200 --> 00:17:59,760 Speaker 1: to go and say this, and here's the thing that 322 00:18:00,000 --> 00:18:02,919 Speaker 1: earned working for the president. I go back to my 323 00:18:03,359 --> 00:18:05,960 Speaker 1: very first interview with Jared Kushner before I joined the campaign. 324 00:18:06,040 --> 00:18:08,280 Speaker 1: He said, I want you to take everything you've learned 325 00:18:08,280 --> 00:18:10,240 Speaker 1: over the past twenty years of doing this and throw 326 00:18:10,280 --> 00:18:12,399 Speaker 1: it out the window and just forget. And I'm like, well, 327 00:18:12,440 --> 00:18:15,200 Speaker 1: then why are you guys bringing me on? And he said, 328 00:18:15,320 --> 00:18:18,360 Speaker 1: because you have to learn to adapt with President Trump. 329 00:18:18,440 --> 00:18:20,920 Speaker 1: Now President Trump and he looks at things and looks 330 00:18:20,920 --> 00:18:23,760 Speaker 1: at his opportunities to go and drive his message completely 331 00:18:23,760 --> 00:18:27,600 Speaker 1: different than anyone in politics or pr PR or anything 332 00:18:27,680 --> 00:18:30,560 Speaker 1: ever UM are going to do. And so when he 333 00:18:30,600 --> 00:18:33,199 Speaker 1: saw last night, obviously this is an issue that's right 334 00:18:33,240 --> 00:18:35,440 Speaker 1: in front of him, he knows that as long as 335 00:18:35,520 --> 00:18:40,399 Speaker 1: these investigations and the politics going around this are continuing, 336 00:18:40,480 --> 00:18:42,280 Speaker 1: that he's gonna have a tough time with his agenda. 337 00:18:42,359 --> 00:18:45,280 Speaker 1: So he took advantage of the opportunity and loving or 338 00:18:45,320 --> 00:18:48,040 Speaker 1: hate him, he is going to deliver his message and 339 00:18:48,160 --> 00:18:50,919 Speaker 1: he really doesn't care what the conventional norms might be. 340 00:18:51,600 --> 00:18:54,040 Speaker 1: And look, I wasn't surprised, of course that he was 341 00:18:54,080 --> 00:18:56,840 Speaker 1: going to use UM a huge platform like the State 342 00:18:56,840 --> 00:18:59,800 Speaker 1: of the Union address with millions and millions of people, 343 00:18:59,800 --> 00:19:02,760 Speaker 1: why stching across the country to talk about the Muller 344 00:19:02,800 --> 00:19:06,439 Speaker 1: investigation to talk about his viewpoints on that. But it 345 00:19:06,520 --> 00:19:09,639 Speaker 1: was still highly inappropriate. He is the president of the 346 00:19:09,720 --> 00:19:12,280 Speaker 1: United States. This was not the right setting or the 347 00:19:12,359 --> 00:19:14,320 Speaker 1: right forum for him to do it. But yet again 348 00:19:14,320 --> 00:19:18,280 Speaker 1: I'm not surprised did Clinton mention it the U the president. 349 00:19:18,400 --> 00:19:20,560 Speaker 1: Former President Clinton mentioned this in the State of the Year. 350 00:19:20,600 --> 00:19:23,280 Speaker 1: I forget, I truly forget. I don't think so, I don't. Okay, 351 00:19:23,359 --> 00:19:25,480 Speaker 1: I'll have to fact check myself and keep in mind 352 00:19:25,520 --> 00:19:27,560 Speaker 1: that what the President said last night, I think was 353 00:19:27,720 --> 00:19:31,560 Speaker 1: very specific to the committees and the overall investigations. We 354 00:19:31,560 --> 00:19:34,680 Speaker 1: saw Democrats on Capitol Hill today already launched a number 355 00:19:34,720 --> 00:19:38,960 Speaker 1: of subpoenas and starting push forward with investigations. A lot 356 00:19:39,000 --> 00:19:41,280 Speaker 1: of the country well, I mean, seriously, not the base 357 00:19:41,320 --> 00:19:42,959 Speaker 1: of the public party, but I mean there are a 358 00:19:43,000 --> 00:19:46,520 Speaker 1: lot of Americans who want that. One of the reasons 359 00:19:46,520 --> 00:19:49,119 Speaker 1: why Democrats won so successfully in the mid terms. But 360 00:19:49,240 --> 00:19:51,520 Speaker 1: immediately coming out of a speech like last night, as 361 00:19:51,560 --> 00:19:53,480 Speaker 1: we look at today's news cycle in the next few 362 00:19:53,520 --> 00:19:56,920 Speaker 1: days and head into the next week. The question then 363 00:19:56,960 --> 00:19:59,679 Speaker 1: goes to which of these policies can implement? Which of 364 00:19:59,680 --> 00:20:02,640 Speaker 1: these things can you get done? And in many cases 365 00:20:02,760 --> 00:20:05,359 Speaker 1: it will be pure politics that will be holding some 366 00:20:05,440 --> 00:20:07,760 Speaker 1: of these, uh, some of these goals and objectives up. 367 00:20:07,880 --> 00:20:09,800 Speaker 1: So that that's why I think the President looked and said, 368 00:20:09,880 --> 00:20:12,320 Speaker 1: this is my opportunity. I have the stage. I'm going 369 00:20:12,359 --> 00:20:14,280 Speaker 1: to go and define the battle lines. And this is 370 00:20:14,840 --> 00:20:17,720 Speaker 1: party he said. He the other part of that quote, 371 00:20:17,720 --> 00:20:19,879 Speaker 1: he said, quote if there is going to be peace 372 00:20:20,000 --> 00:20:24,240 Speaker 1: and legislation, there cannot be war an investigation. It just 373 00:20:24,359 --> 00:20:29,639 Speaker 1: doesn't work that way. Sean called him yesterday and I 374 00:20:29,800 --> 00:20:32,840 Speaker 1: was kind of framing that interview through the lens of 375 00:20:32,880 --> 00:20:36,120 Speaker 1: speaking with a senior administration official who was working on 376 00:20:36,200 --> 00:20:40,199 Speaker 1: this State of the Union address, And Sean said, you know, 377 00:20:40,240 --> 00:20:45,960 Speaker 1: he was working on this right up until literally showtime, which, 378 00:20:46,400 --> 00:20:49,480 Speaker 1: given my days covering the convention, was another speech where 379 00:20:49,480 --> 00:20:51,440 Speaker 1: he was working on. I mean if and he kind 380 00:20:51,480 --> 00:20:54,640 Speaker 1: of goes, he he is very I think people might 381 00:20:54,680 --> 00:20:58,600 Speaker 1: be surprised to hear this very involved line by line 382 00:20:58,880 --> 00:21:03,040 Speaker 1: when he is on teleprinter, and I I was, I 383 00:21:03,040 --> 00:21:05,560 Speaker 1: don't want to say surprise. My gut kind of was 384 00:21:05,640 --> 00:21:08,400 Speaker 1: like he's going to have to allude to to these investigations. 385 00:21:08,840 --> 00:21:11,720 Speaker 1: I think the line that I just read, though, I 386 00:21:11,800 --> 00:21:14,639 Speaker 1: was struck that it didn't get maybe the response in 387 00:21:14,720 --> 00:21:19,720 Speaker 1: that room that he had wanted. And I'm curious to 388 00:21:19,920 --> 00:21:22,760 Speaker 1: see how that in fact plays out. To me, that 389 00:21:22,880 --> 00:21:27,159 Speaker 1: was a very divisive, divisive line, and I'm but it 390 00:21:27,280 --> 00:21:29,480 Speaker 1: is classic Trump to Jason's point to put it in there, 391 00:21:29,520 --> 00:21:31,600 Speaker 1: and that line was that line was for people at 392 00:21:31,640 --> 00:21:33,919 Speaker 1: home that we're watching. That line Obviously he's not going 393 00:21:33,960 --> 00:21:40,000 Speaker 1: to Sway Adam Scheffrey Sway or Maxi Waters. That was 394 00:21:40,040 --> 00:21:41,840 Speaker 1: for people at home who then the next day, are 395 00:21:41,920 --> 00:21:45,040 Speaker 1: you say, what are the prospects for infrastructure for drug 396 00:21:45,119 --> 00:21:48,240 Speaker 1: pricing reform? And this was his way of setting the 397 00:21:48,280 --> 00:21:51,280 Speaker 1: framework for these issues going forward. Adrian, what do you 398 00:21:51,280 --> 00:21:53,800 Speaker 1: think of Speaker Pelosi last night? Oh? I thought she 399 00:21:53,880 --> 00:21:58,080 Speaker 1: was fantastic? What was Yeah? But like but seriously, I mean, 400 00:21:58,080 --> 00:21:59,920 Speaker 1: there was so much we were talking about this, Yester. 401 00:22:00,000 --> 00:22:02,320 Speaker 1: It also a Tom Perez, the dan C chairman. I 402 00:22:02,359 --> 00:22:04,800 Speaker 1: mean the pressure you, Adrian, and the start of the 403 00:22:04,840 --> 00:22:07,760 Speaker 1: show kind of alluded to this, the pressure to sit 404 00:22:07,920 --> 00:22:12,400 Speaker 1: through a ninety minute address where the cameras are virtually 405 00:22:12,600 --> 00:22:15,520 Speaker 1: on you. I don't care what party you're in. I 406 00:22:15,880 --> 00:22:19,240 Speaker 1: mean I could barely stay awakened class and kind correct. 407 00:22:19,280 --> 00:22:21,520 Speaker 1: I mean there there are memes that are created. I 408 00:22:21,560 --> 00:22:23,960 Speaker 1: mean of like you know, somebody who happened to be 409 00:22:24,119 --> 00:22:27,000 Speaker 1: maybe blink for split second, and all of a sudden 410 00:22:27,000 --> 00:22:28,679 Speaker 1: there it's like, you know, so and so is asleep 411 00:22:28,720 --> 00:22:31,879 Speaker 1: behind the president speaking um. It is, it does not, 412 00:22:32,040 --> 00:22:35,320 Speaker 1: it is not behold into one particular political party. It 413 00:22:35,440 --> 00:22:37,920 Speaker 1: is very difficult to sit back there, and you want 414 00:22:37,920 --> 00:22:39,600 Speaker 1: to make sure because I mean, we all know, we 415 00:22:39,680 --> 00:22:43,000 Speaker 1: all three of us do television. Your facial expressions on 416 00:22:43,040 --> 00:22:46,199 Speaker 1: television are far more pronounced than they are in person. 417 00:22:46,359 --> 00:22:50,200 Speaker 1: So if Leader Pelosi even makes a slight you know, sigh, 418 00:22:50,480 --> 00:22:52,720 Speaker 1: or even if she mean, what if she wants to 419 00:22:52,760 --> 00:22:56,120 Speaker 1: yawn because it's late at night, then that becomes a thing, right, 420 00:22:56,200 --> 00:22:59,439 Speaker 1: So she looks she's a pro um and so as 421 00:22:59,520 --> 00:23:02,240 Speaker 1: Vice Presient Pence. I mean, you've got two pros back 422 00:23:02,320 --> 00:23:05,040 Speaker 1: there who know the stakes are high. When you're right 423 00:23:05,040 --> 00:23:07,200 Speaker 1: back there, you're in the shot. It's just the three 424 00:23:07,240 --> 00:23:09,680 Speaker 1: of you, the president, the two of you in the backdrop. 425 00:23:09,720 --> 00:23:11,200 Speaker 1: But I thought she did a very good job She's 426 00:23:11,240 --> 00:23:13,399 Speaker 1: obviously very experienced at doing this. This is not her 427 00:23:13,400 --> 00:23:17,439 Speaker 1: first rodeo back behind the podium, but it is. Um 428 00:23:17,480 --> 00:23:19,400 Speaker 1: it's a difficult tax you got to go to break. 429 00:23:19,400 --> 00:23:22,440 Speaker 1: But I just have to make two quick points. First 430 00:23:22,480 --> 00:23:24,800 Speaker 1: and foremost, the clap picture. I don't know if you 431 00:23:24,800 --> 00:23:27,520 Speaker 1: guys saw that. Of course that was it, Okay, I 432 00:23:27,560 --> 00:23:29,919 Speaker 1: don't care what party you're And she that is an 433 00:23:29,920 --> 00:23:32,840 Speaker 1: awkward shot. I mean hardly do I think she was like, 434 00:23:33,240 --> 00:23:35,840 Speaker 1: let me try to make a snarky image of me 435 00:23:35,920 --> 00:23:38,159 Speaker 1: clapping at President. It almost looked like like she was 436 00:23:38,200 --> 00:23:43,720 Speaker 1: just shark hands. But she wasn't right, and I'm giving 437 00:23:43,760 --> 00:23:47,400 Speaker 1: her a giant pass on that particular. And the other 438 00:23:47,520 --> 00:23:50,919 Speaker 1: thing is President Trump's tie. I mean it was crooking, 439 00:23:50,960 --> 00:23:53,439 Speaker 1: apparently according to Twitter. Do you know how many times 440 00:23:53,640 --> 00:23:55,760 Speaker 1: I'm Jason, I'm sure this has happened to you as well, 441 00:23:55,920 --> 00:23:58,720 Speaker 1: the amount of times I get text message fix your 442 00:23:58,800 --> 00:24:01,639 Speaker 1: tie doesn't even matter what anymore? If your ties cricket, folks, 443 00:24:01,680 --> 00:24:03,720 Speaker 1: and you're going on a camera, make sure it's straight. 444 00:24:03,840 --> 00:24:06,520 Speaker 1: Coming up next, we break down the policy implications US 445 00:24:06,640 --> 00:24:10,679 Speaker 1: China trade policy, and even more on maybe some potential 446 00:24:10,800 --> 00:24:14,960 Speaker 1: potential bipartisan areas for Republicans and Democrats to work together. 447 00:24:15,040 --> 00:24:17,320 Speaker 1: Check us out on iHeart, check us out on iTunes. 448 00:24:17,560 --> 00:24:23,800 Speaker 1: I'm Kevin CURRELLI you're listening to bloomb Here are the 449 00:24:23,840 --> 00:24:26,880 Speaker 1: top stories in and around the district and across the globe. 450 00:24:27,160 --> 00:24:30,479 Speaker 1: While eight team was the fourth warmest year on record, 451 00:24:30,840 --> 00:24:34,159 Speaker 1: British meteorologists are predicting the next five years will be 452 00:24:34,280 --> 00:24:37,879 Speaker 1: much hotter, maybe even record breaking. Well. Climate change was 453 00:24:37,920 --> 00:24:40,200 Speaker 1: front and center today on Capitol Hill. Is Two House 454 00:24:40,200 --> 00:24:44,760 Speaker 1: committees held hearings aimed at overturning Trump administration policies. The 455 00:24:44,880 --> 00:24:48,600 Speaker 1: Natural Resources Committee invited to governors of coastal states to 456 00:24:48,680 --> 00:24:53,000 Speaker 1: testify on the devastating weather events their states have lately experienced. 457 00:24:53,160 --> 00:24:57,960 Speaker 1: Republican Charlie Baker of Massachusetts, if you have farmers or fishermen, 458 00:24:58,440 --> 00:25:03,960 Speaker 1: or resort operators or foresters in your communities, I promise 459 00:25:04,040 --> 00:25:07,399 Speaker 1: you they are worrying about climate change all the time. 460 00:25:07,520 --> 00:25:11,040 Speaker 1: Democrat Roy Cooper of North Carolina. It is not too late, 461 00:25:11,600 --> 00:25:15,720 Speaker 1: that it soon maybe to fight climate change. The committee 462 00:25:15,720 --> 00:25:19,400 Speaker 1: also heard from a panel of climate scientists on Capitol Hill. 463 00:25:19,560 --> 00:25:23,560 Speaker 1: Arf Chapman Bloomberg Radio. The political crisis in Virginia is expanding. 464 00:25:23,680 --> 00:25:26,800 Speaker 1: Attorney General Mark Harrying has now confessed to putting on 465 00:25:26,920 --> 00:25:30,040 Speaker 1: black face in the nineteen eighties. Herring says he wore 466 00:25:30,119 --> 00:25:32,440 Speaker 1: brown makeup in a wig in nineteen eighty two look 467 00:25:32,520 --> 00:25:35,000 Speaker 1: like a rapper during a party while a student at 468 00:25:35,000 --> 00:25:38,320 Speaker 1: the University of Virginia. This all comes as Virginia Governor 469 00:25:38,400 --> 00:25:41,320 Speaker 1: Ralph Northam deals with calls to resign after a racist 470 00:25:41,320 --> 00:25:44,919 Speaker 1: photo was found on his medical school yearbook page. Former 471 00:25:44,960 --> 00:25:47,520 Speaker 1: Senator Joe Lieberman has been one of the lone supporters 472 00:25:47,520 --> 00:25:50,840 Speaker 1: of Northam. He was on Bloomberg's Politics Policy Power in 473 00:25:50,920 --> 00:25:54,760 Speaker 1: Law Today and says appearing in blackface is offensive, but 474 00:25:54,920 --> 00:25:57,480 Speaker 1: may not warrant removal from office. It seems to me 475 00:25:57,520 --> 00:25:59,520 Speaker 1: you don't take somebody out of office or ask him 476 00:26:00,040 --> 00:26:03,840 Speaker 1: to leave office without giving them what the Constitution calls 477 00:26:03,960 --> 00:26:06,760 Speaker 1: due process. Also today, in Virginia, a woman has gone 478 00:26:06,760 --> 00:26:10,520 Speaker 1: public with detailed allegations of sexual assault against Lieutenant Governor 479 00:26:10,600 --> 00:26:15,040 Speaker 1: Justin Fairfax. Vanessa Tyson says Fairfax Forster to perform oral 480 00:26:15,080 --> 00:26:19,080 Speaker 1: sex on him in twenty in two thousand and four. Fairfax, 481 00:26:19,119 --> 00:26:21,400 Speaker 1: who was in line to become governor if Ralph Northam, 482 00:26:21,400 --> 00:26:25,480 Speaker 1: Resigns has repeatedly said the encounter was consensual. Lasses Today 483 00:26:25,480 --> 00:26:27,320 Speaker 1: on Wall Street, the DAW was down twenty one, the 484 00:26:27,400 --> 00:26:31,119 Speaker 1: NASTAC lost twenty seven, the SNP was down six. Sound 485 00:26:31,200 --> 00:26:33,960 Speaker 1: On with Kevin Cirelli continues on Nancy Lions. This is 486 00:26:33,960 --> 00:26:37,600 Speaker 1: Bloomberg and one oh five point seven FM h D two. 487 00:26:38,640 --> 00:26:41,040 Speaker 1: Welcome back, folks. My name is Kevin Sireli. You are 488 00:26:41,080 --> 00:26:45,120 Speaker 1: listening to Sound on Bloomberg one. We just got on iTunes, 489 00:26:45,160 --> 00:26:48,320 Speaker 1: so make sure to subscribe to us on Apple iTunes, 490 00:26:48,400 --> 00:26:50,560 Speaker 1: and of course you can also check us out via 491 00:26:50,600 --> 00:26:53,240 Speaker 1: our friends on the I Heart Radio app. We were 492 00:26:53,240 --> 00:26:55,800 Speaker 1: talking with an all star panel, Adrian L. Rod, Democratic 493 00:26:55,840 --> 00:26:59,879 Speaker 1: strategist and Jason Miller, former senior COMMS adviser to the 494 00:27:00,000 --> 00:27:02,399 Speaker 1: Trump campaign, just about all of the ins and outs, 495 00:27:02,440 --> 00:27:06,560 Speaker 1: the pageants, the pageantry, and the politics and policy of 496 00:27:06,600 --> 00:27:11,040 Speaker 1: the President's State of the Union address, and so much 497 00:27:11,280 --> 00:27:15,960 Speaker 1: of this address. Um, yes, focus on some divisive issues 498 00:27:16,000 --> 00:27:19,520 Speaker 1: like the wall, but on major economic issues and themes 499 00:27:19,520 --> 00:27:22,280 Speaker 1: as well that have really been the backdrop to the 500 00:27:22,359 --> 00:27:26,320 Speaker 1: US economy for for quite some time. And that's why 501 00:27:26,320 --> 00:27:29,400 Speaker 1: I'm so thrilled that we have our next guest here 502 00:27:29,440 --> 00:27:32,919 Speaker 1: today Steve pas Serb. He is the President and CEO 503 00:27:33,040 --> 00:27:36,439 Speaker 1: of the Toy Association. And before you wonder why we 504 00:27:36,480 --> 00:27:39,600 Speaker 1: have the president of the Toy Association on with us 505 00:27:39,600 --> 00:27:42,320 Speaker 1: in studio in Washington, d C. It's actually part of 506 00:27:42,320 --> 00:27:45,600 Speaker 1: a much broader coalition of business leaders from all over 507 00:27:45,640 --> 00:27:48,960 Speaker 1: the country who have flown in to Washington, d C. 508 00:27:49,160 --> 00:27:51,600 Speaker 1: A flyover or fly in, a fly in, as it's 509 00:27:51,640 --> 00:27:54,880 Speaker 1: called a flyover, fly in uh and and their meeting 510 00:27:54,880 --> 00:27:58,280 Speaker 1: with lawmakers. They're meeting with policymakers about the impacts of 511 00:27:58,680 --> 00:28:02,760 Speaker 1: the President's trade policy, the'se uh and and tariffs and whatnot, 512 00:28:03,200 --> 00:28:06,000 Speaker 1: particularly as it pertains to US and China. And and 513 00:28:06,160 --> 00:28:09,720 Speaker 1: Steve tell us first and foremost a bit about the 514 00:28:09,800 --> 00:28:13,919 Speaker 1: makeup of the Toy Association and why why it matters 515 00:28:13,920 --> 00:28:17,240 Speaker 1: in terms of economic perspective in this ongoing trade dispute, 516 00:28:17,240 --> 00:28:20,439 Speaker 1: trade war, whatever, whatever you wanna call it, absolutely excuse me. So, 517 00:28:20,480 --> 00:28:22,840 Speaker 1: the Toy Association is made up of about one thousand 518 00:28:22,880 --> 00:28:26,199 Speaker 1: one different toy companies all across the America. Lego, the 519 00:28:26,320 --> 00:28:28,440 Speaker 1: lego that has broken down, the people who literally work 520 00:28:28,520 --> 00:28:30,840 Speaker 1: from home, and every step in between. You know, the 521 00:28:30,880 --> 00:28:33,640 Speaker 1: average price of a toy sold in America is ten dollars, 522 00:28:34,000 --> 00:28:36,760 Speaker 1: and the average one of those companies is a small business. 523 00:28:37,080 --> 00:28:41,000 Speaker 1: So when you talk about adding you know, ten to 524 00:28:41,080 --> 00:28:43,360 Speaker 1: the price of a ten dollar toy, it's really the 525 00:28:43,360 --> 00:28:45,640 Speaker 1: difference between whether or not somebody will buy it or 526 00:28:45,720 --> 00:28:48,600 Speaker 1: not buy it. And that's where like the materials that 527 00:28:48,640 --> 00:28:51,520 Speaker 1: we're talking about intellectual property folks. I've got a god son, 528 00:28:51,600 --> 00:28:53,640 Speaker 1: he's like two and a half years old, pet Nicks, 529 00:28:53,680 --> 00:28:56,800 Speaker 1: Peter and Nicholas. He lives back home in Philadelphia. Uh, 530 00:28:56,880 --> 00:29:01,520 Speaker 1: and so every American knows that they've had to likely 531 00:29:01,600 --> 00:29:04,200 Speaker 1: buy a toy, but they don't know really what goes 532 00:29:04,200 --> 00:29:07,280 Speaker 1: into it. And so I'm struck by by your argument 533 00:29:07,560 --> 00:29:10,720 Speaker 1: and the case that you're making to lawmakers, which is essentially, hey, 534 00:29:10,760 --> 00:29:13,760 Speaker 1: this stuff with President shi Jing Ping and President Trump 535 00:29:13,880 --> 00:29:16,240 Speaker 1: is actually going to trickle into folks bottom line when 536 00:29:16,240 --> 00:29:18,320 Speaker 1: they're trying to get their well, yeah, and you know, 537 00:29:18,360 --> 00:29:20,920 Speaker 1: it's an instuing. It's contrast because we have huge issues 538 00:29:20,920 --> 00:29:24,080 Speaker 1: with China, huge issues on intellectual property protection, and what 539 00:29:24,160 --> 00:29:26,320 Speaker 1: the President is trying to do to get free trade, 540 00:29:26,360 --> 00:29:29,360 Speaker 1: fair trade, open trade, and deal with the IP issues 541 00:29:29,440 --> 00:29:32,080 Speaker 1: is exactly what we need him to do. Combined with 542 00:29:32,120 --> 00:29:35,040 Speaker 1: the Republican led tax cuts were good for business, and 543 00:29:35,080 --> 00:29:38,240 Speaker 1: they gave our customers more take home pay. The converse 544 00:29:38,280 --> 00:29:39,760 Speaker 1: now is we're going to take that back on the 545 00:29:39,760 --> 00:29:42,200 Speaker 1: other side by our members paying more in the form 546 00:29:42,240 --> 00:29:45,000 Speaker 1: of tariffs to bring in raw materials to produce their toys, 547 00:29:45,360 --> 00:29:48,560 Speaker 1: and our consumers paying higher prices at the cash register. 548 00:29:48,640 --> 00:29:50,800 Speaker 1: See this is really interesting to me because we had 549 00:29:50,800 --> 00:29:53,760 Speaker 1: Ted Allen on the other day. He's, of course, the 550 00:29:53,800 --> 00:29:56,440 Speaker 1: guy from Chopped on the Food Network, and he was 551 00:29:56,480 --> 00:29:59,320 Speaker 1: telling us about how restaurants are impacted by the by 552 00:29:59,320 --> 00:30:02,880 Speaker 1: the US China the trade dispute. Uh. And and you're 553 00:30:02,880 --> 00:30:05,280 Speaker 1: talking about toys. I mean, I don't think many folks 554 00:30:05,280 --> 00:30:07,480 Speaker 1: when they think of intellectual property, they're thinking about the 555 00:30:07,520 --> 00:30:10,440 Speaker 1: toy industry. So seriously, how how is I p impacted 556 00:30:10,440 --> 00:30:14,240 Speaker 1: by toys? How does why does Lego care about intellectual property? 557 00:30:14,320 --> 00:30:16,320 Speaker 1: Because that is their brand, that is their product, And 558 00:30:16,360 --> 00:30:18,600 Speaker 1: as soon as somebody in China starts knocking it off 559 00:30:18,640 --> 00:30:21,720 Speaker 1: at poorer quality and lower price, the consumer doesn't know that, 560 00:30:21,760 --> 00:30:24,240 Speaker 1: they'll go online in one of those marketplaces, they'll buy 561 00:30:24,280 --> 00:30:27,240 Speaker 1: these products online, They'll have a disappointing experience with that 562 00:30:27,320 --> 00:30:30,280 Speaker 1: product and Therefore they'll go online say oh, this is crap, 563 00:30:30,320 --> 00:30:32,840 Speaker 1: this is garbage, when they don't realize they bought the imitation. 564 00:30:33,320 --> 00:30:35,160 Speaker 1: We had a huge issue over the holidays with the 565 00:30:35,240 --> 00:30:39,280 Speaker 1: kid being grievously harmed by a China toy that was 566 00:30:39,320 --> 00:30:42,080 Speaker 1: a knockoff of an American toy. The media immediately went 567 00:30:42,080 --> 00:30:44,720 Speaker 1: out and said it's this toy, when in fact it wasn't. 568 00:30:44,960 --> 00:30:46,840 Speaker 1: In fact, it was a toy that the company had 569 00:30:46,880 --> 00:30:50,680 Speaker 1: alerted Amazon to six months earlier and nothing had happened. 570 00:30:50,920 --> 00:30:52,920 Speaker 1: So for US, I P is as much a money 571 00:30:52,960 --> 00:30:55,160 Speaker 1: issue as it is a safety issue. Well, here's what 572 00:30:55,240 --> 00:30:57,640 Speaker 1: President Trump had to say last night in the State 573 00:30:57,640 --> 00:31:00,200 Speaker 1: of the Union address about US and China trade talks. 574 00:31:00,240 --> 00:31:02,560 Speaker 1: Take a listen to the President Trump. I have great 575 00:31:02,560 --> 00:31:06,400 Speaker 1: respect for President she and we are now working on 576 00:31:06,440 --> 00:31:11,200 Speaker 1: a new trade deal with China. But it must include 577 00:31:11,280 --> 00:31:16,600 Speaker 1: real structural change to end unfair trade practice. That was 578 00:31:16,640 --> 00:31:19,080 Speaker 1: President Trump last Night's step at service president and CEO 579 00:31:19,120 --> 00:31:22,160 Speaker 1: of the Toy Association. Basically, folcus, any of your kids 580 00:31:22,240 --> 00:31:24,200 Speaker 1: toys and the owners of it. This guy is the 581 00:31:24,200 --> 00:31:26,920 Speaker 1: president of their lobby shop here or trade trade association 582 00:31:26,960 --> 00:31:29,120 Speaker 1: here in Washington, d C. IF You're in your car 583 00:31:29,240 --> 00:31:31,600 Speaker 1: right now and you're driving home, and you're you're trying 584 00:31:31,640 --> 00:31:35,200 Speaker 1: to figure out really how the US China trade dispute 585 00:31:35,240 --> 00:31:38,240 Speaker 1: impacts you. You know, when you're going home and you 586 00:31:38,360 --> 00:31:40,680 Speaker 1: and you're tossing a ball with your kids, or you're 587 00:31:40,960 --> 00:31:44,040 Speaker 1: playing legos or video games or whatnot. I mean, this 588 00:31:44,160 --> 00:31:46,480 Speaker 1: really could impact you, because come March one, that the 589 00:31:46,480 --> 00:31:49,440 Speaker 1: President increases tariffs on a host of two hundred and 590 00:31:49,480 --> 00:31:52,440 Speaker 1: sixty seven billion dollars worth of goods. The President is 591 00:31:52,480 --> 00:31:56,440 Speaker 1: headed to Southeast Asia at the end of February. Weren't 592 00:31:56,440 --> 00:31:59,080 Speaker 1: February already, folks? Uh, he might have a one off 593 00:31:59,080 --> 00:32:03,680 Speaker 1: with President shi jingy. Trade secret Treasury Secretary Stephen Manution 594 00:32:03,760 --> 00:32:06,640 Speaker 1: is going to be meeting with US Trade Representative Bob 595 00:32:06,720 --> 00:32:10,240 Speaker 1: Leightheizer in the coming weeks in Beijing to continue these 596 00:32:10,240 --> 00:32:13,240 Speaker 1: trade talks. What's your message to them, Steve A. Served, 597 00:32:13,440 --> 00:32:17,280 Speaker 1: What do you want Manution to tell? What his his 598 00:32:17,400 --> 00:32:21,719 Speaker 1: counterpart in China about this? Well, I mean, what we 599 00:32:21,760 --> 00:32:24,040 Speaker 1: want is what they're seeking. We do want that fair 600 00:32:24,080 --> 00:32:26,520 Speaker 1: and open trade. We need a level playing field. We 601 00:32:26,560 --> 00:32:28,960 Speaker 1: need them to to to crack down on the bad 602 00:32:29,000 --> 00:32:32,360 Speaker 1: actors throughout China. Who are knocking off toys or a 603 00:32:32,400 --> 00:32:35,840 Speaker 1: million other different con products. We don't want more terrorists 604 00:32:35,880 --> 00:32:38,200 Speaker 1: because we're now at that limit. Our companies, a lot 605 00:32:38,240 --> 00:32:40,000 Speaker 1: of them got hit with the third round of terrorists 606 00:32:40,000 --> 00:32:43,040 Speaker 1: at ten percent. That ten goes to it's going to 607 00:32:43,120 --> 00:32:45,320 Speaker 1: really injure them, seriously if we end up with that 608 00:32:45,400 --> 00:32:48,320 Speaker 1: threatened fourth trance of tariff. When there was the border 609 00:32:48,320 --> 00:32:50,320 Speaker 1: adjustment tax, we had done the math and they were 610 00:32:50,320 --> 00:32:52,959 Speaker 1: about three hundred of our companies that would either go 611 00:32:53,040 --> 00:32:55,080 Speaker 1: out of business or simply choose to go out of 612 00:32:55,120 --> 00:32:57,960 Speaker 1: business because their profit margins were a race. Alright, Jersey 613 00:32:57,960 --> 00:33:02,479 Speaker 1: guy West Virginia University alum's president. Hey, I'm from Delco. 614 00:33:02,920 --> 00:33:05,240 Speaker 1: You know we think it's thieves. President and CEO of 615 00:33:05,320 --> 00:33:08,560 Speaker 1: Toy Association, he stays, Panel stays, we're talking politics policy. 616 00:33:09,000 --> 00:33:11,680 Speaker 1: Check us out on iTunes, and I heart I'm Kevin 617 00:33:11,720 --> 00:33:20,920 Speaker 1: CERELLI you're listening to Bloomberg. I thought it was fabulous 618 00:33:21,000 --> 00:33:23,920 Speaker 1: because it shows that we've gotten under his skin. He 619 00:33:24,040 --> 00:33:28,440 Speaker 1: sees that everything is closing in on him. That was 620 00:33:28,520 --> 00:33:33,080 Speaker 1: Congress froman Alexandria Acasio Cortez, a Democrat from New York, 621 00:33:33,160 --> 00:33:37,880 Speaker 1: responding last night to the moment when President Trump, during 622 00:33:37,920 --> 00:33:40,880 Speaker 1: his State of the Union address, said that Americans would 623 00:33:40,880 --> 00:33:45,160 Speaker 1: not stand for socialism. We have an all star panel 624 00:33:45,440 --> 00:33:48,800 Speaker 1: Adrian L. Rod, Democratic strategist, Jason Miller, Republican strategist and 625 00:33:48,840 --> 00:33:53,360 Speaker 1: former senior communications adviser to the Trump campaign, and Steve Passer, 626 00:33:53,480 --> 00:33:57,000 Speaker 1: President and CEO of the Toy Association. Uh, Adrian, what 627 00:33:57,040 --> 00:34:00,200 Speaker 1: do you think of that response from from aos see 628 00:34:00,760 --> 00:34:04,080 Speaker 1: about socialism? I don't know. I mean, I think to 629 00:34:04,200 --> 00:34:07,120 Speaker 1: a certain faction of Democrats that will play well, But 630 00:34:07,480 --> 00:34:10,040 Speaker 1: I don't know. I'm what do you what do you think? Yeah? 631 00:34:10,120 --> 00:34:14,320 Speaker 1: Look here here's first of all, I admire AOC a lot, 632 00:34:14,480 --> 00:34:16,279 Speaker 1: and I think that she has brought a lot of 633 00:34:16,400 --> 00:34:19,600 Speaker 1: energy to our party and she represents a sector of 634 00:34:19,640 --> 00:34:23,680 Speaker 1: the Democratic Party. Um. But not all Democrats are socialists, 635 00:34:23,680 --> 00:34:29,880 Speaker 1: and that is what Republicans. My friend Jason, my friend 636 00:34:29,920 --> 00:34:32,960 Speaker 1: chastened next to me, UM would love to think that 637 00:34:33,520 --> 00:34:37,240 Speaker 1: I'm a socialist. My friends who are Democrats are socialists, 638 00:34:37,280 --> 00:34:40,080 Speaker 1: but we're not. Most of us aren't. UM. But here's 639 00:34:40,080 --> 00:34:41,680 Speaker 1: the other thing I want to say about about AOC. 640 00:34:41,840 --> 00:34:45,239 Speaker 1: And this is something that I think Republicans miss um 641 00:34:46,600 --> 00:34:49,480 Speaker 1: misunderstanding about her. In Democrats too, and that is the 642 00:34:49,640 --> 00:34:53,400 Speaker 1: power that she has with her supporters and her followers. 643 00:34:53,680 --> 00:34:56,279 Speaker 1: Axeist just did a study that came out, I think 644 00:34:56,280 --> 00:34:58,879 Speaker 1: about a month or six weeks ago, where they looked 645 00:34:58,920 --> 00:35:02,040 Speaker 1: at all politicians and there they they had a very 646 00:35:02,080 --> 00:35:04,399 Speaker 1: you know, fancy algorithm that they used, but they looked 647 00:35:04,400 --> 00:35:08,280 Speaker 1: at all politicians who are active on social media and 648 00:35:08,440 --> 00:35:11,440 Speaker 1: who basically are able to engage with their base and 649 00:35:11,480 --> 00:35:13,000 Speaker 1: get their base to do what they want them to do. 650 00:35:13,520 --> 00:35:17,080 Speaker 1: No surprise, your former boss, President Trump was first. AOC 651 00:35:17,560 --> 00:35:21,160 Speaker 1: was a close second. Everybody else, Kamala Harris, Barack Obama, 652 00:35:21,239 --> 00:35:25,279 Speaker 1: Hillary Clinton, everybody Else's way way down the aisle. She 653 00:35:25,360 --> 00:35:30,040 Speaker 1: will be sought after for her support, for fundraising, prowess, 654 00:35:30,120 --> 00:35:34,399 Speaker 1: for her endorsement during the presidential primary. But again, most 655 00:35:34,440 --> 00:35:38,200 Speaker 1: Democrats are not socialists and this and there is a there. 656 00:35:38,000 --> 00:35:40,600 Speaker 1: There are Republicans out there in some Democrats who frankly 657 00:35:40,640 --> 00:35:44,239 Speaker 1: are trying to demonize her as being, you know, representative 658 00:35:44,320 --> 00:35:46,080 Speaker 1: of our entire party. But that's just not the case. 659 00:35:47,160 --> 00:35:50,200 Speaker 1: Is a strong Trump supporter at a Republican. I thank 660 00:35:50,200 --> 00:35:53,319 Speaker 1: god every day for AOC. I think it is so 661 00:35:53,400 --> 00:35:57,200 Speaker 1: fantastic she's there and Obviously, I hope President Trump gets 662 00:35:57,200 --> 00:36:00,279 Speaker 1: reelected in and if he does, he's gonna need to 663 00:36:00,320 --> 00:36:02,840 Speaker 1: send a big, huge thank you to AOC and some 664 00:36:02,960 --> 00:36:05,719 Speaker 1: of the other avowed socialists in the party. Here's here, 665 00:36:05,719 --> 00:36:07,879 Speaker 1: here's the reality of the left word lurch that we've 666 00:36:07,880 --> 00:36:10,760 Speaker 1: seen with the Democratic Party. Recent pulling came out showing 667 00:36:10,760 --> 00:36:15,720 Speaker 1: that for Iowa Democratic caucus goers the term socialism actually 668 00:36:15,719 --> 00:36:19,239 Speaker 1: has a higher rating than does for capitalists. It's it's 669 00:36:19,280 --> 00:36:24,880 Speaker 1: a positive term in Democratic and Iowa now again caucus politics. 670 00:36:24,960 --> 00:36:27,520 Speaker 1: That was Iowa specific, but it does show, and the 671 00:36:27,800 --> 00:36:31,120 Speaker 1: headline spoke to this that there's a left word lurch 672 00:36:31,239 --> 00:36:34,120 Speaker 1: that's going on, and that's natural after having a being 673 00:36:34,160 --> 00:36:37,240 Speaker 1: in the minority for a couple of years and Democrats 674 00:36:37,280 --> 00:36:38,879 Speaker 1: want to get the White House back, of course, going 675 00:36:38,920 --> 00:36:41,640 Speaker 1: into it, but I think last night the way that 676 00:36:42,160 --> 00:36:45,600 Speaker 1: President from was able to elevate the term of socialism 677 00:36:45,680 --> 00:36:47,440 Speaker 1: and so now that is something that people will be 678 00:36:47,440 --> 00:36:50,080 Speaker 1: talking about and debating. Look, we're talking about it right now, 679 00:36:50,120 --> 00:36:52,640 Speaker 1: and the fact the fact that we're talking about socialism 680 00:36:52,640 --> 00:36:55,719 Speaker 1: and the policies that go with it, this goes into it. 681 00:36:55,880 --> 00:36:58,040 Speaker 1: I think President Trump did with the genius of how 682 00:36:58,040 --> 00:37:01,920 Speaker 1: we framed how we the issues going forward, And I 683 00:37:01,960 --> 00:37:03,759 Speaker 1: think AOC is gonna have a seat in the front 684 00:37:03,800 --> 00:37:05,440 Speaker 1: row for that. But and I just want to weigh 685 00:37:05,440 --> 00:37:08,319 Speaker 1: in here really quickly. I mean, it's not that a 686 00:37:08,320 --> 00:37:10,719 Speaker 1: lot of Democrats are trending, or maybe you know, the 687 00:37:10,719 --> 00:37:14,200 Speaker 1: Iowa Democrats in particular, caucus goers are trending. They want 688 00:37:14,200 --> 00:37:17,120 Speaker 1: to become socialists. They are more concerned about the fact 689 00:37:17,160 --> 00:37:21,120 Speaker 1: that Medicare for all, for example, Medicare for all. It's 690 00:37:21,160 --> 00:37:23,680 Speaker 1: not that people are saying, you know, we want to 691 00:37:23,680 --> 00:37:25,200 Speaker 1: do this because we want to be more left. We 692 00:37:25,280 --> 00:37:28,000 Speaker 1: needs because they are literally looking at the health care 693 00:37:28,040 --> 00:37:31,239 Speaker 1: system today. They don't want to repeal Obamacare because they're 694 00:37:31,239 --> 00:37:34,239 Speaker 1: afraid that then they don't have anything, but they want 695 00:37:34,280 --> 00:37:37,000 Speaker 1: to improve it, and they think to themselves, if we 696 00:37:37,040 --> 00:37:38,880 Speaker 1: can get Medicare for all, that means I don't have 697 00:37:38,920 --> 00:37:41,080 Speaker 1: to worry about like paying for my parents healthcare, I 698 00:37:41,080 --> 00:37:42,759 Speaker 1: don't have to worry about paying for my health I mean, 699 00:37:43,440 --> 00:37:45,839 Speaker 1: you know, not just basic health care. I'm talking about 700 00:37:45,960 --> 00:37:50,040 Speaker 1: exceedingly expensive healthcare costs. So it's not because they are 701 00:37:50,120 --> 00:37:52,520 Speaker 1: saying we wanted more, we want a communist or a 702 00:37:52,520 --> 00:37:55,160 Speaker 1: socialist society. They're saying we want to be able to 703 00:37:55,280 --> 00:37:58,960 Speaker 1: freaking live our lives and have healthcare said, and that's 704 00:37:59,000 --> 00:38:01,040 Speaker 1: going to be the nuance. Think the next stage of 705 00:38:01,040 --> 00:38:03,800 Speaker 1: this debate is whether or not someone like AOC can 706 00:38:03,800 --> 00:38:09,760 Speaker 1: clearly sell the difference between the Maduro faction of socialism 707 00:38:09,760 --> 00:38:13,920 Speaker 1: in Venezuela versus the type of policy. But the one 708 00:38:13,960 --> 00:38:17,200 Speaker 1: quick thing that says that if you're debating strains of 709 00:38:17,280 --> 00:38:19,800 Speaker 1: socialism or you're trying to explain that the debate Jason 710 00:38:19,800 --> 00:38:21,640 Speaker 1: Miller wants to have every day. I want to have 711 00:38:21,760 --> 00:38:23,920 Speaker 1: every day. I want to bring it back to policy 712 00:38:23,960 --> 00:38:27,600 Speaker 1: in terms of the particular moment and stick to the policy, 713 00:38:27,680 --> 00:38:30,960 Speaker 1: particularly through the lens of what we're seeing of globalization. 714 00:38:31,080 --> 00:38:35,160 Speaker 1: Because Steve Pissour, President and CEO of the Toy Association, 715 00:38:35,160 --> 00:38:37,120 Speaker 1: when you look at the last night's speech from a 716 00:38:37,200 --> 00:38:39,920 Speaker 1: policy standpoint, what did you hear from President Trump that 717 00:38:39,960 --> 00:38:42,040 Speaker 1: you liked and that you would like to see more 718 00:38:42,080 --> 00:38:44,960 Speaker 1: of or less of? Well, I thinks a Rockefeller Republican. Essentially, 719 00:38:45,040 --> 00:38:47,399 Speaker 1: I'm the one who makes everybody upset because I see 720 00:38:47,520 --> 00:38:50,200 Speaker 1: both sides of the aisle here. I think the key 721 00:38:50,239 --> 00:38:53,200 Speaker 1: thing for me is is looking at the business community, 722 00:38:53,200 --> 00:38:56,080 Speaker 1: where I come from business thrives on certainty, and we're 723 00:38:56,080 --> 00:38:58,400 Speaker 1: in a period of time right now we're uncertainty. The 724 00:38:58,440 --> 00:39:00,600 Speaker 1: cloud of the debates are we so us? Are we this? 725 00:39:00,640 --> 00:39:03,240 Speaker 1: Should we be going this way? That way? Are beginning 726 00:39:03,239 --> 00:39:05,680 Speaker 1: to slow our business community. We need we need to 727 00:39:05,680 --> 00:39:07,600 Speaker 1: be having a discussion about how do we make our 728 00:39:07,600 --> 00:39:10,160 Speaker 1: country stronger. And we do have that discussion going on, 729 00:39:10,400 --> 00:39:12,840 Speaker 1: and the President wants to see our country being stronger. 730 00:39:13,000 --> 00:39:15,600 Speaker 1: But you have to realize that these debates, the uncertainty, 731 00:39:15,680 --> 00:39:17,520 Speaker 1: the tariffs, we don't know where we're going on, these 732 00:39:17,560 --> 00:39:20,319 Speaker 1: things are causing business people to not know how to 733 00:39:20,360 --> 00:39:23,120 Speaker 1: plan the next one to three or four years of 734 00:39:23,160 --> 00:39:25,439 Speaker 1: their business, which they have to do regardless of who's 735 00:39:25,440 --> 00:39:27,920 Speaker 1: going to be president in twenty whether or not this 736 00:39:27,960 --> 00:39:30,239 Speaker 1: president gets elected. So what we would like to see 737 00:39:30,280 --> 00:39:34,000 Speaker 1: more from from this administration, from the political debate is 738 00:39:34,040 --> 00:39:36,400 Speaker 1: what does this mean for the business community's ability to 739 00:39:36,719 --> 00:39:40,960 Speaker 1: be profitable, to provide jobs, to flow money into communities, 740 00:39:41,000 --> 00:39:44,160 Speaker 1: to to get better educated people. You know, we've got 741 00:39:44,160 --> 00:39:47,160 Speaker 1: a huge gap in high quality manufacturing jobs in this 742 00:39:47,200 --> 00:39:50,280 Speaker 1: country that we can't fill because the people aren't educated. 743 00:39:50,360 --> 00:39:52,680 Speaker 1: Those are the kind of issues that I want to 744 00:39:52,680 --> 00:39:54,560 Speaker 1: try to surface out of this. I didn't hear a 745 00:39:54,640 --> 00:39:57,239 Speaker 1: lot about those type of things last night. It was 746 00:39:57,280 --> 00:39:59,879 Speaker 1: more about the world in the other side. I'm more 747 00:40:00,040 --> 00:40:02,279 Speaker 1: concerned about the people here in the United States, how 748 00:40:02,320 --> 00:40:04,239 Speaker 1: we're gonna up their education level, how we're going to 749 00:40:04,320 --> 00:40:06,960 Speaker 1: get them into these high level manufacturing jobs so we 750 00:40:07,000 --> 00:40:09,480 Speaker 1: can compete with those other nations. All right, I want 751 00:40:09,480 --> 00:40:11,440 Speaker 1: to thank our panel, steepest Our, president and CEO of 752 00:40:11,480 --> 00:40:15,640 Speaker 1: the Toy Association, Jason Miller, former Trump Camp communications advisor, 753 00:40:15,680 --> 00:40:19,440 Speaker 1: Adrian L. Rod, former Hillary Clinton campaign advisor. I'm Kevin Surley. 754 00:40:19,480 --> 00:40:21,120 Speaker 1: That's it from you. I could talk with this panel 755 00:40:21,160 --> 00:40:23,520 Speaker 1: all day. We didn't even get into the old debates. 756 00:40:23,520 --> 00:40:26,719 Speaker 1: I want the gossip. I'm Kevin Surlier. You're listening to 757 00:40:26,719 --> 00:40:27,560 Speaker 1: sound on Bloomberg.