WEBVTT - All Dessert and No Veggies.  Tiana Lowe talks to Armstrong & Getty

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<v Speaker 1>Why do we keep talking about things that polls show

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<v Speaker 1>nobody cares about. I guess because we hope you care

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<v Speaker 1>about it. But people don't doom to failure. People don't

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<v Speaker 1>care about the national debt. I wish they did. We've

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<v Speaker 1>been talking about it for years. And by the way,

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<v Speaker 1>I just saw that SpaceX rocket re land. The way

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<v Speaker 1>they do it's astounding, it's amazing. It's a time of

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<v Speaker 1>unthinkable technical achievements, and yet we're committing fiscal suicide as

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<v Speaker 1>a people, and nobody can seem to comprehend the idea

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<v Speaker 1>that if you overspend for a long enough time, you

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<v Speaker 1>will bring on financial ruin. It's an interesting contrast in

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<v Speaker 1>my crazy head, and I feel like the the the

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<v Speaker 1>Republican Party, if they hadn't already set up the white

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<v Speaker 1>flag this week or just signaled they don't care, We're

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<v Speaker 1>not gonna pretend to care anymore. Tiana Low is a

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<v Speaker 1>commentary writer for the Washington Examiner. She also founded the

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<v Speaker 1>USC Economic Review Tianna, how are you? I am doing well? Excellent?

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<v Speaker 1>So listen. We ask most of our guests who attended

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<v Speaker 1>us see the same question merit or parent check, and

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<v Speaker 1>we asked that my parents paid the old fashioned way,

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<v Speaker 1>which was you know, s a t tutors ap test,

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<v Speaker 1>all that, you know, the boring regular mass near stop,

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<v Speaker 1>not the half a million dollars to take my way

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<v Speaker 1>onto a crew teams ask that not too so clouds

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<v Speaker 1>of doubt over your your interview this morning, but to

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<v Speaker 1>remove them. Tiana entirely merit at usc congratulations. So hey, listen,

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<v Speaker 1>you're a younger person. I'm guessing you hang out with

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<v Speaker 1>you know, at least to some extent peers, Does anybody

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<v Speaker 1>under the age of forty five give a damn about

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<v Speaker 1>the debt bomb that is going to settle you, you you

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<v Speaker 1>people with enormous taxes. I feel like Cassandra running around

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<v Speaker 1>the wake of a destroyed Troy trying to explain to

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<v Speaker 1>everyone what a debt crisis actually looks like when it

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<v Speaker 1>is here, with social security and solvency actually looks like

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<v Speaker 1>when it is here, What the ramifications of medicare for

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<v Speaker 1>all of the research and development looks like when it

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<v Speaker 1>is here. And yet no one really seems to care. Yeah,

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<v Speaker 1>we're getting that idea, and we don't have a party anymore.

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<v Speaker 1>Those of us who would like the country to live

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<v Speaker 1>within its means as the Republicans, would you agree they

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<v Speaker 1>signaled in the recent days that they just don't even

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<v Speaker 1>care about the issue anymore. They probably signaled it a

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<v Speaker 1>long time ago, just to became like abundantly evident this week.

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<v Speaker 1>Oh certainly. I mean the fact that of one of

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<v Speaker 1>the most talented presidential debates, good is in modern American politics,

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<v Speaker 1>we chose the one guy who swore that he wouldn't

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<v Speaker 1>touch Social Security, which again we knew become insolvent in

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<v Speaker 1>the next fifteen years, it wouldn't catch Medicare, and he

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<v Speaker 1>wouldn't touch Medicaid. So I mean, as the president who

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<v Speaker 1>had never even really paid lip service to the idea

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<v Speaker 1>of Fischal responsibility. So right now we're sort of in

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<v Speaker 1>this dietary equivalent of all dessert with no veggies, where

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<v Speaker 1>we get tax cuts, we get the regulation, but we

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<v Speaker 1>get no spending cuts, all dessert, no veggies, which you know,

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<v Speaker 1>kids like human beings, like, it's just it's living in

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<v Speaker 1>a fantasy lane. And and to Trump running on no, no, no,

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<v Speaker 1>I'm not going to touch in title and all that

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<v Speaker 1>sort of stuff, he understood the electorate. He understood people

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<v Speaker 1>don't actually care about this, and he was right Yeah,

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<v Speaker 1>and this is why the biggest failing of the Tea

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<v Speaker 1>Party wasn't even just the policy. It was the unwillingness

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<v Speaker 1>to focus on the pure fiscal reality of the ramisfications

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<v Speaker 1>of his messaging. And instead, you know, we saw some

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<v Speaker 1>form of the Key Party coalesced around Trump, and Trump

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<v Speaker 1>is um and you know, protectionism and trade work. That's

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<v Speaker 1>the opposite of what the Tea Party was supposed to

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<v Speaker 1>stand for. So it is sort of funny that a

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<v Speaker 1>decade ago we elected in a generation of conservatives into

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<v Speaker 1>or so called conservatives into the Republican Party, with this

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<v Speaker 1>promise that they would tackle the spending. And you know,

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<v Speaker 1>there's no sign that's that's coming anywhere in the next decade. Yeah.

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<v Speaker 1>I you know, I I read a substantial part of

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<v Speaker 1>your piece, which is terrific. It's really well done, and

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<v Speaker 1>we'll have a link at Armstrong and Getty dot com

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<v Speaker 1>for folks. Uh, you know, I I think the Tea

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<v Speaker 1>Party movement ran into the immovable object, which is um.

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<v Speaker 1>You know, you can call it a swamp if you want,

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<v Speaker 1>but the government has become such a colossus, it's become

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<v Speaker 1>its own most important lobbyist. And so I just I

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<v Speaker 1>just think we ran into Goliath and Goliath won this one.

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<v Speaker 1>Um Tiana Lowe's commentary writer for The Washington Examiner. I

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<v Speaker 1>think you do a really really good job of explaining

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<v Speaker 1>in your piece why the Medicare for all fantasy is

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<v Speaker 1>just that it's a fantasy. Can you give us a

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<v Speaker 1>minute on that? So, I think, in a very pragmatic

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<v Speaker 1>and theoretical sense, if someone told me, if my taxes

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<v Speaker 1>went up ten percent, every single person in the country

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<v Speaker 1>would have at least be mineus healthcare. People in the

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<v Speaker 1>streets would at least be mineus healthcare. There, I think

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<v Speaker 1>perfectly willing to make that concession out of just pure logistics.

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<v Speaker 1>You know, their externalities to making sure that you're electorate

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<v Speaker 1>has their health care taken care of whatever. But people

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<v Speaker 1>forget that that's not what Medicare for All does. Medicare

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<v Speaker 1>for all kneecaps the very system that makes global medicine possible.

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<v Speaker 1>So we're four point four percent of the world's population,

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<v Speaker 1>but we're forty four percent of the world medical research

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<v Speaker 1>and development and the majority of the world's patents. UM,

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<v Speaker 1>we are seventy five percent of the world's pharmaceutical profits,

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<v Speaker 1>which means that not only we directly subsidizing Europe's pharmaceuticals,

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<v Speaker 1>Canada's pharmaceuticals, we're also just outright giving pharmaceuticals to areaalics,

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<v Speaker 1>to areas like subs here in Africa, you know. I

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<v Speaker 1>mean it's because of American research and development in philanthropic

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<v Speaker 1>measures that we've been able to cut down on rates

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<v Speaker 1>of HIV in Africa and rates of eight deaths and

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<v Speaker 1>races of malaria um so. And then people forget that

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<v Speaker 1>when you when you move from a profit motivated system,

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<v Speaker 1>you're ending all all of the motivation for there to

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<v Speaker 1>be new R and D and pharmaceuticals created. And this

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<v Speaker 1>wouldn't be so much of an issue if the rest

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<v Speaker 1>of the world also carried their weight, but they don't.

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<v Speaker 1>The next greatest purveyor of medical R and D the

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<v Speaker 1>world is China, and I don't really think that we

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<v Speaker 1>want to be relying on Chinese medicine. And the other

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<v Speaker 1>point that you make quite powerfully, I think is that

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<v Speaker 1>Medicare would not exist at all. It would go broke

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<v Speaker 1>immediately were it not subsidized every single day by private

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<v Speaker 1>insurance holders overpaying for medical services so that Medicare can

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<v Speaker 1>continue to underpay um and that just the numbers could

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<v Speaker 1>not work without private insurance still existing. But again, the

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<v Speaker 1>pieces is really really good. Um, it's it's worth a read.

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<v Speaker 1>Tiana Low, commentary writer for the Washington Examiner. You know what,

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<v Speaker 1>just the reason we're still talking about this stuff pure stubbornness,

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<v Speaker 1>just pure unwillingness to do what would be good for

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<v Speaker 1>us and pen her. So we encourage you to commit

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<v Speaker 1>career suicide as well. Good luck, Thanks Tanna, thank you

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<v Speaker 1>all right, bye bye. As as wondering up for us

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<v Speaker 1>and her and anybody else, that's uh. You know, an influencer,

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<v Speaker 1>opinion maker or whatever you make, you're living talking to people. Um,

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<v Speaker 1>you can annoy people by continuing to talk about it.

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<v Speaker 1>I'm not sure that's the best move. I don't know

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<v Speaker 1>what you do at this point. I think he just

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<v Speaker 1>just wait until the devastation comes and then discuss how

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<v Speaker 1>to get out of it. I don't know. You know

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<v Speaker 1>one of our old bosses who was simultaneously UM, brilliant

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<v Speaker 1>and nuts. There's a lot of brilliant people are UM.

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<v Speaker 1>I was talking about a friend of his, also in

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<v Speaker 1>the radio business, getting canned and and he said, and

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<v Speaker 1>and help me out. Because Jack, I remember, I know

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<v Speaker 1>you remember this too. He said. The problem with his

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<v Speaker 1>friend was that he kept saying the same thing in

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<v Speaker 1>the same way, and he was right, he was absolute

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<v Speaker 1>lee right. But after a while it wore people out

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<v Speaker 1>and they just didn't want to hear him anymore. Person

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<v Speaker 1>get rid of him. Um, you gotta find different ways

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<v Speaker 1>to say the same thing. Maybe it's helping people understand,

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<v Speaker 1>particularly younger people, what it will mean when the pooh

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<v Speaker 1>hits the fan, and the poo will absolutely hit the fan.

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<v Speaker 1>It means devastating levels of taxes and huge slashes in

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<v Speaker 1>all of the glorious sounding government programs you value. There

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<v Speaker 1>will be no help for the sick, in the poor,

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<v Speaker 1>and the downtrodden because there will be no money. They

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<v Speaker 1>will be starving in the streets. Old people will be

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<v Speaker 1>on their own. They will be glad to get cat food.

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<v Speaker 1>You will turn over two thirds of your paycheck, two

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<v Speaker 1>thirds of it to the government, and not for some

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<v Speaker 1>sort of glorious medicare for all and assured employment. That's

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<v Speaker 1>just to keep the lights on. You know, maybe we

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<v Speaker 1>need some good apocalyptic storytellers to make movies about it,

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<v Speaker 1>or or something. I don't know. But nobody seems that

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<v Speaker 1>of a damn And you know what, Listen, while you're

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<v Speaker 1>at the party and everybody's getting it on man, everybody's

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<v Speaker 1>a little bit hammered or enjoying the substance of their choice.

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<v Speaker 1>They understand that they're going to pay a terrible price

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<v Speaker 1>in the morning, but you just don't care. And we're

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<v Speaker 1>in that period right now, and I don't know exactly

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<v Speaker 1>what to do about it. Probably nothing,