Speaker 1: Why do we keep talking about things that polls show
Speaker 1: nobody cares about. I guess because we hope you care
Speaker 1: about it. But people don't doom to failure. People don't
Speaker 1: care about the national debt. I wish they did. We've
Speaker 1: been talking about it for years. And by the way,
Speaker 1: I just saw that SpaceX rocket re land. The way
Speaker 1: they do it's astounding, it's amazing. It's a time of
Speaker 1: unthinkable technical achievements, and yet we're committing fiscal suicide as
Speaker 1: a people, and nobody can seem to comprehend the idea
Speaker 1: that if you overspend for a long enough time, you
Speaker 1: will bring on financial ruin. It's an interesting contrast in
Speaker 1: my crazy head, and I feel like the the the
Speaker 1: Republican Party, if they hadn't already set up the white
Speaker 1: flag this week or just signaled they don't care, We're
Speaker 1: not gonna pretend to care anymore. Tiana Low is a
Speaker 1: commentary writer for the Washington Examiner. She also founded the
Speaker 1: USC Economic Review Tianna, how are you? I am doing well? Excellent?
Speaker 1: So listen. We ask most of our guests who attended
Speaker 1: us see the same question merit or parent check, and
Speaker 1: we asked that my parents paid the old fashioned way,
Speaker 1: which was you know, s a t tutors ap test,
Speaker 1: all that, you know, the boring regular mass near stop,
Speaker 1: not the half a million dollars to take my way
Speaker 1: onto a crew teams ask that not too so clouds
Speaker 1: of doubt over your your interview this morning, but to
Speaker 1: remove them. Tiana entirely merit at usc congratulations. So hey, listen,
Speaker 1: you're a younger person. I'm guessing you hang out with
Speaker 1: you know, at least to some extent peers, Does anybody
Speaker 1: under the age of forty five give a damn about
Speaker 1: the debt bomb that is going to settle you, you you
Speaker 1: people with enormous taxes. I feel like Cassandra running around
Speaker 1: the wake of a destroyed Troy trying to explain to
Speaker 1: everyone what a debt crisis actually looks like when it
Speaker 1: is here, with social security and solvency actually looks like
Speaker 1: when it is here, What the ramifications of medicare for
Speaker 1: all of the research and development looks like when it
Speaker 1: is here. And yet no one really seems to care. Yeah,
Speaker 1: we're getting that idea, and we don't have a party anymore.
Speaker 1: Those of us who would like the country to live
Speaker 1: within its means as the Republicans, would you agree they
Speaker 1: signaled in the recent days that they just don't even
Speaker 1: care about the issue anymore. They probably signaled it a
Speaker 1: long time ago, just to became like abundantly evident this week.
Speaker 1: Oh certainly. I mean the fact that of one of
Speaker 1: the most talented presidential debates, good is in modern American politics,
Speaker 1: we chose the one guy who swore that he wouldn't
Speaker 1: touch Social Security, which again we knew become insolvent in
Speaker 1: the next fifteen years, it wouldn't catch Medicare, and he
Speaker 1: wouldn't touch Medicaid. So I mean, as the president who
Speaker 1: had never even really paid lip service to the idea
Speaker 1: of Fischal responsibility. So right now we're sort of in
Speaker 1: this dietary equivalent of all dessert with no veggies, where
Speaker 1: we get tax cuts, we get the regulation, but we
Speaker 1: get no spending cuts, all dessert, no veggies, which you know,
Speaker 1: kids like human beings, like, it's just it's living in
Speaker 1: a fantasy lane. And and to Trump running on no, no, no,
Speaker 1: I'm not going to touch in title and all that
Speaker 1: sort of stuff, he understood the electorate. He understood people
Speaker 1: don't actually care about this, and he was right Yeah,
Speaker 1: and this is why the biggest failing of the Tea
Speaker 1: Party wasn't even just the policy. It was the unwillingness
Speaker 1: to focus on the pure fiscal reality of the ramisfications
Speaker 1: of his messaging. And instead, you know, we saw some
Speaker 1: form of the Key Party coalesced around Trump, and Trump
Speaker 1: is um and you know, protectionism and trade work. That's
Speaker 1: the opposite of what the Tea Party was supposed to
Speaker 1: stand for. So it is sort of funny that a
Speaker 1: decade ago we elected in a generation of conservatives into
Speaker 1: or so called conservatives into the Republican Party, with this
Speaker 1: promise that they would tackle the spending. And you know,
Speaker 1: there's no sign that's that's coming anywhere in the next decade. Yeah.
Speaker 1: I you know, I I read a substantial part of
Speaker 1: your piece, which is terrific. It's really well done, and
Speaker 1: we'll have a link at Armstrong and Getty dot com
Speaker 1: for folks. Uh, you know, I I think the Tea
Speaker 1: Party movement ran into the immovable object, which is um.
Speaker 1: You know, you can call it a swamp if you want,
Speaker 1: but the government has become such a colossus, it's become
Speaker 1: its own most important lobbyist. And so I just I
Speaker 1: just think we ran into Goliath and Goliath won this one.
Speaker 1: Um Tiana Lowe's commentary writer for The Washington Examiner. I
Speaker 1: think you do a really really good job of explaining
Speaker 1: in your piece why the Medicare for all fantasy is
Speaker 1: just that it's a fantasy. Can you give us a
Speaker 1: minute on that? So, I think, in a very pragmatic
Speaker 1: and theoretical sense, if someone told me, if my taxes
Speaker 1: went up ten percent, every single person in the country
Speaker 1: would have at least be mineus healthcare. People in the
Speaker 1: streets would at least be mineus healthcare. There, I think
Speaker 1: perfectly willing to make that concession out of just pure logistics.
Speaker 1: You know, their externalities to making sure that you're electorate
Speaker 1: has their health care taken care of whatever. But people
Speaker 1: forget that that's not what Medicare for All does. Medicare
Speaker 1: for all kneecaps the very system that makes global medicine possible.
Speaker 1: So we're four point four percent of the world's population,
Speaker 1: but we're forty four percent of the world medical research
Speaker 1: and development and the majority of the world's patents. UM,
Speaker 1: we are seventy five percent of the world's pharmaceutical profits,
Speaker 1: which means that not only we directly subsidizing Europe's pharmaceuticals,
Speaker 1: Canada's pharmaceuticals, we're also just outright giving pharmaceuticals to areaalics,
Speaker 1: to areas like subs here in Africa, you know. I
Speaker 1: mean it's because of American research and development in philanthropic
Speaker 1: measures that we've been able to cut down on rates
Speaker 1: of HIV in Africa and rates of eight deaths and
Speaker 1: races of malaria um so. And then people forget that
Speaker 1: when you when you move from a profit motivated system,
Speaker 1: you're ending all all of the motivation for there to
Speaker 1: be new R and D and pharmaceuticals created. And this
Speaker 1: wouldn't be so much of an issue if the rest
Speaker 1: of the world also carried their weight, but they don't.
Speaker 1: The next greatest purveyor of medical R and D the
Speaker 1: world is China, and I don't really think that we
Speaker 1: want to be relying on Chinese medicine. And the other
Speaker 1: point that you make quite powerfully, I think is that
Speaker 1: Medicare would not exist at all. It would go broke
Speaker 1: immediately were it not subsidized every single day by private
Speaker 1: insurance holders overpaying for medical services so that Medicare can
Speaker 1: continue to underpay um and that just the numbers could
Speaker 1: not work without private insurance still existing. But again, the
Speaker 1: pieces is really really good. Um, it's it's worth a read.
Speaker 1: Tiana Low, commentary writer for the Washington Examiner. You know what,
Speaker 1: just the reason we're still talking about this stuff pure stubbornness,
Speaker 1: just pure unwillingness to do what would be good for
Speaker 1: us and pen her. So we encourage you to commit
Speaker 1: career suicide as well. Good luck, Thanks Tanna, thank you
Speaker 1: all right, bye bye. As as wondering up for us
Speaker 1: and her and anybody else, that's uh. You know, an influencer,
Speaker 1: opinion maker or whatever you make, you're living talking to people. Um,
Speaker 1: you can annoy people by continuing to talk about it.
Speaker 1: I'm not sure that's the best move. I don't know
Speaker 1: what you do at this point. I think he just
Speaker 1: just wait until the devastation comes and then discuss how
Speaker 1: to get out of it. I don't know. You know
Speaker 1: one of our old bosses who was simultaneously UM, brilliant
Speaker 1: and nuts. There's a lot of brilliant people are UM.
Speaker 1: I was talking about a friend of his, also in
Speaker 1: the radio business, getting canned and and he said, and
Speaker 1: and help me out. Because Jack, I remember, I know
Speaker 1: you remember this too. He said. The problem with his
Speaker 1: friend was that he kept saying the same thing in
Speaker 1: the same way, and he was right, he was absolute
Speaker 1: lee right. But after a while it wore people out
Speaker 1: and they just didn't want to hear him anymore. Person
Speaker 1: get rid of him. Um, you gotta find different ways
Speaker 1: to say the same thing. Maybe it's helping people understand,
Speaker 1: particularly younger people, what it will mean when the pooh
Speaker 1: hits the fan, and the poo will absolutely hit the fan.
Speaker 1: It means devastating levels of taxes and huge slashes in
Speaker 1: all of the glorious sounding government programs you value. There
Speaker 1: will be no help for the sick, in the poor,
Speaker 1: and the downtrodden because there will be no money. They
Speaker 1: will be starving in the streets. Old people will be
Speaker 1: on their own. They will be glad to get cat food.
Speaker 1: You will turn over two thirds of your paycheck, two
Speaker 1: thirds of it to the government, and not for some
Speaker 1: sort of glorious medicare for all and assured employment. That's
Speaker 1: just to keep the lights on. You know, maybe we
Speaker 1: need some good apocalyptic storytellers to make movies about it,
Speaker 1: or or something. I don't know. But nobody seems that
Speaker 1: of a damn And you know what, Listen, while you're
Speaker 1: at the party and everybody's getting it on man, everybody's
Speaker 1: a little bit hammered or enjoying the substance of their choice.
Speaker 1: They understand that they're going to pay a terrible price
Speaker 1: in the morning, but you just don't care. And we're
Speaker 1: in that period right now, and I don't know exactly
Speaker 1: what to do about it. Probably nothing,