1 00:00:00,600 --> 00:00:04,120 Speaker 1: Hi, I'm Molly John Fast and this is Fast Politics, 2 00:00:04,360 --> 00:00:07,120 Speaker 1: where we discussed the top political headlines with some of 3 00:00:07,160 --> 00:00:12,319 Speaker 1: today's best minds, and Congressman George Santos is now a 4 00:00:12,440 --> 00:00:16,760 Speaker 1: volleyball star at a university he never attended. We have 5 00:00:17,160 --> 00:00:20,360 Speaker 1: a super interesting show for you today. New York Times 6 00:00:20,440 --> 00:00:24,680 Speaker 1: contributor Justin Wolf first drops by to give us a simple, 7 00:00:25,079 --> 00:00:28,080 Speaker 1: easy to understand explanation of what's going on in the 8 00:00:28,160 --> 00:00:31,720 Speaker 1: US economy. Then we'll talk to Puck news is Tara 9 00:00:31,840 --> 00:00:35,960 Speaker 1: Palmary about the world's most dysfunctional workplace, the United States 10 00:00:36,000 --> 00:00:41,400 Speaker 1: Congress and Biden's documents storage issues. But first we have 11 00:00:41,560 --> 00:00:46,559 Speaker 1: the one the only Washington Post Dana Millbank. Welcome back 12 00:00:46,720 --> 00:00:50,000 Speaker 1: to Fast Politics, Dana Millbank. It is an honor and 13 00:00:50,000 --> 00:00:52,320 Speaker 1: a privilege. Ally, thank you. You know, I'm like a 14 00:00:52,400 --> 00:00:56,880 Speaker 1: huge fan, so every time we can get you, I'm like, well, 15 00:00:56,920 --> 00:01:00,440 Speaker 1: it's a it's a mutual admiration society. Oh think you. 16 00:01:00,800 --> 00:01:04,319 Speaker 1: But first we must talk about how and by the way, 17 00:01:04,360 --> 00:01:09,400 Speaker 1: this is like such a good title and so absolutely true. 18 00:01:09,720 --> 00:01:13,360 Speaker 1: To save himself, McCarthy just destroyed the house. I feel 19 00:01:13,360 --> 00:01:15,200 Speaker 1: like it needs like a dot dot dot more than 20 00:01:15,280 --> 00:01:20,160 Speaker 1: nude Gangrich. Yes, right, it's sort of a false premise 21 00:01:20,200 --> 00:01:23,679 Speaker 1: baked in there that everything was fine beforehand. Right. Exactly 22 00:01:23,840 --> 00:01:26,400 Speaker 1: what's so interesting about McCarthy is he really does have 23 00:01:26,560 --> 00:01:33,520 Speaker 1: all of the worst qualities of the modern day MAGA GOP. Well, yeah, 24 00:01:33,560 --> 00:01:36,240 Speaker 1: I think so. But what he has in addition is 25 00:01:36,360 --> 00:01:39,360 Speaker 1: this sort of absence of any sort of core belief. 26 00:01:39,440 --> 00:01:41,760 Speaker 1: So I think he arguably shares that with Trump. But 27 00:01:42,040 --> 00:01:45,720 Speaker 1: at least some of the MAGA crowd actually believe passionately 28 00:01:46,080 --> 00:01:48,960 Speaker 1: and what they're talking about, whether it's diamond and silk, 29 00:01:49,120 --> 00:01:52,680 Speaker 1: but you know, whatever, whatever their particular belief system is, 30 00:01:52,680 --> 00:01:57,400 Speaker 1: whether it's white supremacy or uh, you know, drowning government 31 00:01:57,480 --> 00:02:00,760 Speaker 1: in the bathtub, there's a belief in something McCarthy doesn't 32 00:02:00,760 --> 00:02:03,120 Speaker 1: really have. That he has a belief in his ability 33 00:02:03,240 --> 00:02:08,240 Speaker 1: to hold on to power to advance himself, and which 34 00:02:08,280 --> 00:02:10,560 Speaker 1: really troubles me about what he did there is not 35 00:02:10,639 --> 00:02:13,079 Speaker 1: just that. Okay, so he's got a motion of a 36 00:02:13,200 --> 00:02:15,640 Speaker 1: kid he can get kicked out with, you know, if 37 00:02:15,680 --> 00:02:19,440 Speaker 1: any one member disapproves of of him. Basically, it's not 38 00:02:19,520 --> 00:02:21,720 Speaker 1: that he's going to bring all these cockamami things to 39 00:02:21,720 --> 00:02:25,240 Speaker 1: a vote. He has agreed to changes, particularly one with 40 00:02:25,360 --> 00:02:29,000 Speaker 1: his superpack that is going to guarantee that even more 41 00:02:29,080 --> 00:02:33,000 Speaker 1: crazy's get elected in each future election cycle. So he's 42 00:02:33,040 --> 00:02:36,120 Speaker 1: dooming not just this Congress, he's doing future ones. So 43 00:02:36,400 --> 00:02:38,800 Speaker 1: as part of this deal, the Club for Growth, which 44 00:02:38,840 --> 00:02:43,320 Speaker 1: is basically an insurgent group that was fighting McCarthy, struck 45 00:02:43,360 --> 00:02:47,320 Speaker 1: a deal with McCarthy's Conservative Leadership Fund, which is a 46 00:02:47,360 --> 00:02:52,160 Speaker 1: superpack that's effectively under McCarthy's control, and they agreed they 47 00:02:52,200 --> 00:02:56,639 Speaker 1: would no longer get involved in nomination fights in safe 48 00:02:56,880 --> 00:03:00,800 Speaker 1: Republican districts. Now, of course, of stricks are safe, So 49 00:03:00,840 --> 00:03:04,400 Speaker 1: they've agreed not to participate in those, which basically means 50 00:03:05,040 --> 00:03:08,560 Speaker 1: they cannot stop the craziest candidate from prevailing, because that's 51 00:03:08,600 --> 00:03:12,120 Speaker 1: inevitably what's going to happen if some grown ups, if 52 00:03:12,160 --> 00:03:15,320 Speaker 1: there are any remaining in the party, don't get involved. 53 00:03:15,360 --> 00:03:17,720 Speaker 1: So they're basically saying, Club for Growth have at it. 54 00:03:17,960 --> 00:03:21,280 Speaker 1: You can get the craziest candidate available, get them through 55 00:03:21,280 --> 00:03:23,640 Speaker 1: the primary, and we're not going to stop here. Yeah, 56 00:03:23,800 --> 00:03:26,960 Speaker 1: hard to imagine that you could have people crazier than 57 00:03:27,000 --> 00:03:32,040 Speaker 1: Marjorie Taylor Green than George Santo's, but that's what we're 58 00:03:32,040 --> 00:03:35,160 Speaker 1: looking at. Right right, And I think you know, we're 59 00:03:35,440 --> 00:03:37,800 Speaker 1: what we're starting to find out now is each cycle 60 00:03:38,000 --> 00:03:40,440 Speaker 1: it gets a little bit nuttier. So I mean, Marjorie 61 00:03:40,440 --> 00:03:45,320 Speaker 1: Taylor Green is being called a sellout now, She's been 62 00:03:45,320 --> 00:03:49,600 Speaker 1: called a prostitute by one of the January six insurrection leaders. 63 00:03:49,720 --> 00:03:52,200 Speaker 1: So even she is now seen as a tool of 64 00:03:52,320 --> 00:03:55,960 Speaker 1: the establishment. She was fighting against the twenty holdouts there. 65 00:03:56,040 --> 00:03:58,400 Speaker 1: So of course this is what's going to happen, because 66 00:03:58,640 --> 00:04:03,440 Speaker 1: what's been happening ancle after cycle and Republican primaries is 67 00:04:03,480 --> 00:04:06,200 Speaker 1: the way to win in these very low turnout affairs 68 00:04:06,680 --> 00:04:09,400 Speaker 1: is to be the most out there, to be the craziest, 69 00:04:09,520 --> 00:04:13,400 Speaker 1: and so the ceiling of crazy in two becomes the 70 00:04:13,400 --> 00:04:18,719 Speaker 1: floor of crazy. And it's interesting, we still don't know, 71 00:04:19,080 --> 00:04:21,599 Speaker 1: and I think this is a really important data point. 72 00:04:22,120 --> 00:04:25,440 Speaker 1: And Nancy Mace said this on a Sunday show this week, 73 00:04:25,480 --> 00:04:29,120 Speaker 1: which is, we still don't know what McCarthy has been 74 00:04:29,160 --> 00:04:33,800 Speaker 1: promising people, including Marjorie Telegreen. That's right. She came out 75 00:04:33,800 --> 00:04:36,640 Speaker 1: of Tuesday's caucus meeting and when they were supposedly presented 76 00:04:36,680 --> 00:04:39,080 Speaker 1: with this saying the same thing that she still don't 77 00:04:39,080 --> 00:04:43,040 Speaker 1: know what back room deals were made, what what handshake 78 00:04:43,200 --> 00:04:47,120 Speaker 1: deals were made, what gentlemen agreements, although there was nothing 79 00:04:47,120 --> 00:04:50,440 Speaker 1: particularly gentleman about what was going on there on the floor. 80 00:04:50,640 --> 00:04:54,880 Speaker 1: And you know, there was supposedly the secret free Page addendum, 81 00:04:55,080 --> 00:04:58,360 Speaker 1: which McCarthy and others claims does not exist. Other Republican 82 00:04:58,400 --> 00:05:00,800 Speaker 1: members say they've actually read this thing that doesn't exist, 83 00:05:01,400 --> 00:05:03,880 Speaker 1: pieces of parling out. Okay, they're going to have a 84 00:05:03,960 --> 00:05:07,080 Speaker 1: vote to abolish the I R S, eliminate the income tax, 85 00:05:07,120 --> 00:05:11,599 Speaker 1: eliminate corporate taxes. So you know, we're seeing a little 86 00:05:11,600 --> 00:05:14,000 Speaker 1: bit of it. We'll learn a bit more with you know, 87 00:05:14,000 --> 00:05:17,080 Speaker 1: who's assigned to the committees. But to paraphrase a famous 88 00:05:17,080 --> 00:05:18,880 Speaker 1: speaker of the House, we won't know what's in it 89 00:05:18,960 --> 00:05:21,159 Speaker 1: until we see it. So you know, who knows what 90 00:05:21,279 --> 00:05:24,680 Speaker 1: surprises lay in stock for us coming ahead. But it 91 00:05:24,880 --> 00:05:29,120 Speaker 1: is worth reflecting on the fact that McCarthy is I'm 92 00:05:29,120 --> 00:05:33,120 Speaker 1: not sure that I haven't said this today an abject 93 00:05:33,200 --> 00:05:36,360 Speaker 1: more on. Well, he sounds like one, to be sure, 94 00:05:36,720 --> 00:05:40,560 Speaker 1: just watching his his latest news conference. But I mean, 95 00:05:40,800 --> 00:05:45,799 Speaker 1: there was a piece in Politico about why journalists feel 96 00:05:45,839 --> 00:05:48,119 Speaker 1: they can't just say he's more on. I mean, there's 97 00:05:48,240 --> 00:05:52,400 Speaker 1: a lot of like it's unusual for politician to I mean, 98 00:05:52,440 --> 00:05:55,599 Speaker 1: except for Louis gomer who is now out of Congress, 99 00:05:56,080 --> 00:05:59,600 Speaker 1: to be so sort of known as not smart. Right. 100 00:06:00,000 --> 00:06:03,480 Speaker 1: We'll remember when Pelosi called him a moron because of 101 00:06:03,600 --> 00:06:06,640 Speaker 1: his objection to the COVID requirements, and then he made 102 00:06:06,680 --> 00:06:09,800 Speaker 1: up t shirts that said more on. Of course, was 103 00:06:09,960 --> 00:06:12,640 Speaker 1: one of the most brilliant cell homes of all time. 104 00:06:13,800 --> 00:06:15,840 Speaker 1: It's just you might as well, you might as well 105 00:06:15,880 --> 00:06:17,919 Speaker 1: wear it on your sleeve, so to speak. But you know, 106 00:06:17,960 --> 00:06:20,560 Speaker 1: I think part of it is he he doesn't seem 107 00:06:20,560 --> 00:06:23,120 Speaker 1: to be able to string a sentence together. And is 108 00:06:23,160 --> 00:06:26,200 Speaker 1: it a speech impediment or difficulty? You know, I've been 109 00:06:26,240 --> 00:06:28,520 Speaker 1: writing about this for years. His age will not say 110 00:06:28,560 --> 00:06:31,440 Speaker 1: that it is so. You know, obviously wouldn't be poking 111 00:06:31,440 --> 00:06:33,440 Speaker 1: fun at him if if it were such a thing. 112 00:06:33,480 --> 00:06:35,680 Speaker 1: But no, they're not. They're not saying that it is so. 113 00:06:35,760 --> 00:06:38,320 Speaker 1: I think that may make him look dumber than he 114 00:06:38,360 --> 00:06:40,960 Speaker 1: actually is. I mean, you don't get to where he 115 00:06:41,080 --> 00:06:44,479 Speaker 1: is in life without some smarts. I think it's savvy, right, 116 00:06:44,880 --> 00:06:48,240 Speaker 1: everybody likes some you know, great backslapper. You know, he's 117 00:06:48,279 --> 00:06:50,920 Speaker 1: so he's really good, you know, in the back room, 118 00:06:51,080 --> 00:06:54,000 Speaker 1: and you know, he's very good at knowing everybody's family 119 00:06:54,040 --> 00:06:56,920 Speaker 1: and relatives and what everybody's doing. So there's a certain 120 00:06:57,040 --> 00:07:00,719 Speaker 1: you know, genius in that. Certainly he's no Polo c genius. 121 00:07:01,040 --> 00:07:03,480 Speaker 1: He doesn't seem to be much of a strategist or 122 00:07:03,920 --> 00:07:06,920 Speaker 1: even a tactician. And you know, now he's in over 123 00:07:07,000 --> 00:07:09,360 Speaker 1: his head because you've got you can sort of see 124 00:07:09,400 --> 00:07:12,680 Speaker 1: the various train wrecks lined up here with the debt ceiling, 125 00:07:12,760 --> 00:07:15,520 Speaker 1: with the government shutdown, and with everything else, and he 126 00:07:15,640 --> 00:07:19,120 Speaker 1: must pass legislation. They couldn't even get some you know, 127 00:07:19,280 --> 00:07:23,160 Speaker 1: nominal things, you know, affirming the value of law enforcement officers. 128 00:07:23,200 --> 00:07:25,200 Speaker 1: Couldn't get that through the House this week. Yeah, no, 129 00:07:25,400 --> 00:07:28,400 Speaker 1: I mean the barely. You know, he was not able 130 00:07:28,440 --> 00:07:31,920 Speaker 1: to whip the votes from himself fourteen times. So it 131 00:07:32,040 --> 00:07:35,720 Speaker 1: does seem possible that his inability to whip votes is 132 00:07:35,760 --> 00:07:38,760 Speaker 1: going to bite him. Yeah, and in fairness, I don't 133 00:07:38,760 --> 00:07:41,400 Speaker 1: think anybody else could do it either, because you know, 134 00:07:41,440 --> 00:07:43,520 Speaker 1: you've got a four vote you already made, you know, 135 00:07:43,560 --> 00:07:47,040 Speaker 1: three votes if Santos is forced out, can we talk 136 00:07:47,120 --> 00:07:50,160 Speaker 1: about this Santos showdown? Because this is kind of incredible. 137 00:07:51,040 --> 00:07:54,840 Speaker 1: We have the New York State Party saying that he 138 00:07:54,840 --> 00:07:59,520 Speaker 1: should resign, and McCarthy saying he should stay well for 139 00:07:59,560 --> 00:08:02,920 Speaker 1: two different reasons. The New York State Party recognizes that 140 00:08:03,000 --> 00:08:05,960 Speaker 1: he's an embarrassment and they don't want him there, and 141 00:08:06,040 --> 00:08:10,400 Speaker 1: McCarthy recognizes that he's my fourth vote and might only 142 00:08:10,440 --> 00:08:13,640 Speaker 1: have a three vote majority because in all likelihood they 143 00:08:14,640 --> 00:08:16,960 Speaker 1: lose the seat. So, you know, McCarthy, as we talked 144 00:08:16,960 --> 00:08:20,680 Speaker 1: about earlier, has one, you know, north star one guiding principle, 145 00:08:20,800 --> 00:08:23,880 Speaker 1: and that is to make sure that Kevin McCarthy clings 146 00:08:23,880 --> 00:08:26,040 Speaker 1: to power. You know, you can see why. It's not 147 00:08:26,080 --> 00:08:27,960 Speaker 1: in the best interest of the party. It's not the 148 00:08:27,960 --> 00:08:30,760 Speaker 1: best interests of Congress, you know, let alone the country, 149 00:08:30,840 --> 00:08:34,280 Speaker 1: but it is in the short term interest of Kevin McCarthy. 150 00:08:34,320 --> 00:08:38,600 Speaker 1: He's won the speakership is beholden to everyone in the world. 151 00:08:39,080 --> 00:08:41,880 Speaker 1: Where does he go from here? We've seen this week 152 00:08:42,160 --> 00:08:46,520 Speaker 1: where he goes. I've argued that, you know, they're governing 153 00:08:46,679 --> 00:08:49,560 Speaker 1: to a large extent based on fantasy. First of all, 154 00:08:49,640 --> 00:08:53,400 Speaker 1: we had the what Democrats are calling the Tinfoil Hat Committee, 155 00:08:53,440 --> 00:08:56,040 Speaker 1: you know that basically the Deep State Committee being created. 156 00:08:56,360 --> 00:08:58,960 Speaker 1: But we also had okay, so the first legislation was 157 00:08:59,000 --> 00:09:02,480 Speaker 1: to repeal eight seven thousand I R S agents. Well, 158 00:09:02,679 --> 00:09:04,960 Speaker 1: first of all, they didn't repeal anything because it's not 159 00:09:05,000 --> 00:09:08,040 Speaker 1: going to go through the Senate. Second, there aren't eighty 160 00:09:08,080 --> 00:09:10,800 Speaker 1: seven thousand I R S legients there there were, there 161 00:09:10,800 --> 00:09:14,080 Speaker 1: are never going to be. So they're basically working against 162 00:09:14,120 --> 00:09:17,800 Speaker 1: a fiction. Same thing on this born Again legislation. You know, 163 00:09:17,800 --> 00:09:19,720 Speaker 1: Steve Schleeze gets up and said, we're going to stop 164 00:09:19,760 --> 00:09:22,760 Speaker 1: them from killing infants. Yes, what you already can't kill 165 00:09:22,800 --> 00:09:26,079 Speaker 1: infants in the United States of America the best. Yeah, 166 00:09:26,120 --> 00:09:28,600 Speaker 1: so you know, just you know, sort of another straw man. 167 00:09:28,679 --> 00:09:32,120 Speaker 1: So it's like they're not just campaigning on falsehood, it's 168 00:09:32,200 --> 00:09:36,199 Speaker 1: now actually governing on falsehood. So we're they're passing legislation 169 00:09:36,600 --> 00:09:42,439 Speaker 1: to address falsehoods. Yeah, they're legislating laws now exactly. It's 170 00:09:42,480 --> 00:09:46,560 Speaker 1: no longer a campaign speech or you know. And you know, 171 00:09:46,600 --> 00:09:49,600 Speaker 1: we had Brian Zinky up there saying on the floor 172 00:09:49,720 --> 00:09:51,400 Speaker 1: a couple of days ago saying, you know that the 173 00:09:51,960 --> 00:09:54,600 Speaker 1: deep State was coming for me. The deep State didn't 174 00:09:54,640 --> 00:09:57,320 Speaker 1: get me. The deep State is trying to destroy the 175 00:09:57,360 --> 00:10:01,600 Speaker 1: American cowboy, and that's why we need this Waganization Committee. 176 00:10:01,840 --> 00:10:03,679 Speaker 1: So you know, it's not in a you know, Q 177 00:10:03,880 --> 00:10:06,960 Speaker 1: and on on four chan or whatever it's now you 178 00:10:07,000 --> 00:10:10,880 Speaker 1: know that the House Republican majorities of official policy is 179 00:10:10,920 --> 00:10:14,480 Speaker 1: to probe the Deep States destruction of the American cowboy. 180 00:10:14,720 --> 00:10:18,679 Speaker 1: I have a question about that crazy Ryan Zinky speech, 181 00:10:19,040 --> 00:10:24,480 Speaker 1: which is he's sixty one years old. Like, imagine being 182 00:10:24,600 --> 00:10:28,719 Speaker 1: sixty one year old former Secretary of the Interior, one 183 00:10:28,760 --> 00:10:31,800 Speaker 1: of the few people from the Trump administration who actually 184 00:10:32,720 --> 00:10:35,800 Speaker 1: was was sort of pushed to resign. Imagine, first of all, 185 00:10:35,840 --> 00:10:39,000 Speaker 1: how bad you have to be for that to happen, right, 186 00:10:39,840 --> 00:10:43,360 Speaker 1: I mean, you know, Jared Kushner stays in the White 187 00:10:43,400 --> 00:10:46,240 Speaker 1: House the whole time, but you were forced to resign 188 00:10:46,320 --> 00:10:51,560 Speaker 1: on ethics. Right. That guy barely gets a congressional seat 189 00:10:51,760 --> 00:10:55,280 Speaker 1: right in a very red state, and he is now 190 00:10:55,840 --> 00:10:58,400 Speaker 1: decided that the only way, you know, he's going to 191 00:10:58,480 --> 00:11:00,880 Speaker 1: go for Marjorie Taylor Green because truth is, there's no 192 00:11:00,920 --> 00:11:04,160 Speaker 1: way he believes any of that. Well, I've given up 193 00:11:04,160 --> 00:11:05,800 Speaker 1: saying whether they believe it or not. I think you 194 00:11:05,880 --> 00:11:09,079 Speaker 1: acually teach yourself to believe it by saying it every 195 00:11:09,120 --> 00:11:12,439 Speaker 1: so often. But it's exactly what we were talking about earlier. 196 00:11:12,520 --> 00:11:14,960 Speaker 1: You know, a few years back, Tom Massey was talking 197 00:11:14,960 --> 00:11:17,280 Speaker 1: about Republican primaries and he said, I used to think 198 00:11:17,600 --> 00:11:21,800 Speaker 1: the voters we're going for the libertarian in the race, 199 00:11:21,920 --> 00:11:24,760 Speaker 1: and then it occurred to me that, you know, I'm paraphrasing, 200 00:11:24,800 --> 00:11:26,720 Speaker 1: but they're actually going for the craziest son of a 201 00:11:26,760 --> 00:11:29,280 Speaker 1: bitch in the room. And that's you know, so Zinki 202 00:11:29,400 --> 00:11:32,600 Speaker 1: gets that. You know, the way he gets the job 203 00:11:32,800 --> 00:11:36,000 Speaker 1: and keeps the job is to be even more of 204 00:11:36,080 --> 00:11:38,680 Speaker 1: the craziest cowboy. And you know he is, in fact 205 00:11:38,679 --> 00:11:40,960 Speaker 1: bringing his cowboy heat up onto the house floor. So 206 00:11:41,040 --> 00:11:44,880 Speaker 1: he is there any incentive here to behave well? I mean, 207 00:11:45,160 --> 00:11:48,520 Speaker 1: there was a quote this morning from Chris Murphy who 208 00:11:48,600 --> 00:11:52,240 Speaker 1: said that now that these Republicans have created all this chaos, 209 00:11:52,360 --> 00:11:57,320 Speaker 1: they have this incentive to behave better because they don't 210 00:11:57,320 --> 00:12:00,360 Speaker 1: want to look like idiots anymore. I have not seen 211 00:12:00,400 --> 00:12:03,360 Speaker 1: any evidence to support this. I'd like to believe that. 212 00:12:03,440 --> 00:12:06,480 Speaker 1: I hope the Senator Murphy is correct about that. It 213 00:12:06,520 --> 00:12:09,120 Speaker 1: seems very charitable, you know, and that's certainly what we 214 00:12:09,160 --> 00:12:11,920 Speaker 1: need if we're going to avoid a debt default and 215 00:12:11,960 --> 00:12:15,120 Speaker 1: other things. And look, there are people like that, I'm 216 00:12:15,160 --> 00:12:19,840 Speaker 1: sure Brian Fitzpatrick and the Republican Leadership Coalition or whatever 217 00:12:19,880 --> 00:12:23,040 Speaker 1: they call themselves, are thinking that way. But you know, 218 00:12:23,160 --> 00:12:27,120 Speaker 1: are they actually going to join in a discharge petition, 219 00:12:27,440 --> 00:12:30,600 Speaker 1: enjoining with Democrats to fight the crazy. I'll believe it 220 00:12:30,600 --> 00:12:32,880 Speaker 1: when I see it. But I think for the you know, 221 00:12:32,920 --> 00:12:36,040 Speaker 1: the large majority of them, you know, all the incentives 222 00:12:36,080 --> 00:12:38,840 Speaker 1: are on the other side. It's when you appear that 223 00:12:38,880 --> 00:12:41,000 Speaker 1: you're gaving to the establishment, that you're going to get 224 00:12:41,080 --> 00:12:43,480 Speaker 1: a primary challenge and you're gonna get booted out of office. 225 00:12:43,720 --> 00:12:46,440 Speaker 1: But it is so weird. I just want to get 226 00:12:46,480 --> 00:12:49,920 Speaker 1: back to this for a second, that you have these candidates, 227 00:12:49,960 --> 00:12:56,160 Speaker 1: Like so McCarthy didn't want to lose these twenty maga Republicans, 228 00:12:56,200 --> 00:12:59,360 Speaker 1: but if he had said, I think there are more 229 00:12:59,440 --> 00:13:06,160 Speaker 1: than money, very blue dogg ish Democrats who come from 230 00:13:06,200 --> 00:13:08,160 Speaker 1: you know, very swingy districts. I mean, like, if you 231 00:13:08,160 --> 00:13:12,680 Speaker 1: were to scientifically look at the two mid terms, you 232 00:13:12,720 --> 00:13:16,640 Speaker 1: would say, voters don't like Trump is um, they want 233 00:13:16,880 --> 00:13:21,200 Speaker 1: just government to work. They like bipartisan kind of stuff. 234 00:13:21,640 --> 00:13:24,520 Speaker 1: You know, we may not ideologically align with that, but 235 00:13:24,679 --> 00:13:28,920 Speaker 1: that is what voters said in this to mid term. 236 00:13:29,360 --> 00:13:32,720 Speaker 1: But McCarthy just doesn't have any appetite for that because 237 00:13:32,760 --> 00:13:36,160 Speaker 1: of these primary challenges. I think he would be out 238 00:13:36,160 --> 00:13:39,200 Speaker 1: of the speakership before week's end if he were to 239 00:13:39,280 --> 00:13:42,800 Speaker 1: go in that direction. They didn't spend a moment talking 240 00:13:42,840 --> 00:13:46,880 Speaker 1: about the possibility of negotiating with Hikim Jefferies to get 241 00:13:46,920 --> 00:13:49,640 Speaker 1: a certain number of votes. I mean, that option is 242 00:13:49,640 --> 00:13:54,240 Speaker 1: always available to him, but that will create the motion 243 00:13:54,280 --> 00:13:58,480 Speaker 1: to vacate the chair. So he's completely in handcuffs, particularly now. 244 00:13:58,559 --> 00:14:02,559 Speaker 1: But in terms of his ability to actually negotiate with Democrats, 245 00:14:02,559 --> 00:14:05,800 Speaker 1: so to the extent there are going to be bipartisan achievements, 246 00:14:05,800 --> 00:14:08,679 Speaker 1: it's going to be done by isolating Kevin McCarthy at 247 00:14:08,679 --> 00:14:12,800 Speaker 1: this point. McCarthy failing right. Yeah, he can't. He can't 248 00:14:12,800 --> 00:14:15,360 Speaker 1: afford to do it. It would cost him his job 249 00:14:15,440 --> 00:14:17,360 Speaker 1: if he if he were to be seen in the 250 00:14:17,360 --> 00:14:20,680 Speaker 1: same room with Kim Jefferis it's so insane because it is. 251 00:14:20,800 --> 00:14:23,080 Speaker 1: I mean, again, maybe they'll get back into power the 252 00:14:23,080 --> 00:14:26,320 Speaker 1: way they did in two sixteen with just a fluke, 253 00:14:26,800 --> 00:14:29,880 Speaker 1: but if they were really smart, and obviously, luckily for 254 00:14:29,920 --> 00:14:32,680 Speaker 1: all of us, they're not. But I mean, you would 255 00:14:32,960 --> 00:14:35,840 Speaker 1: like you watched him Jordan on television, and he looks 256 00:14:36,480 --> 00:14:38,760 Speaker 1: he does not look like at least to me, And 257 00:14:38,840 --> 00:14:41,600 Speaker 1: maybe I'm wish casting in my mind, but he does 258 00:14:41,640 --> 00:14:45,400 Speaker 1: not look like a political future I would want from 259 00:14:45,440 --> 00:14:48,040 Speaker 1: my country. Well, he looks like a very angry man. 260 00:14:48,360 --> 00:14:52,760 Speaker 1: So he's a perfect embodiment of and representative of the frightened, 261 00:14:52,880 --> 00:14:56,160 Speaker 1: angry white men who believe they're losing their place and 262 00:14:56,400 --> 00:15:01,160 Speaker 1: the emerging multi racial America. So, Molly, this is the 263 00:15:01,640 --> 00:15:04,200 Speaker 1: this is the question of Trumpism, and that is you 264 00:15:04,240 --> 00:15:07,200 Speaker 1: know that the whole operating philosophy there was, if you 265 00:15:07,240 --> 00:15:12,480 Speaker 1: can motivate enough of the frightened white, non college educated 266 00:15:12,520 --> 00:15:16,360 Speaker 1: men in this country to vote in extraordinary numbers, you 267 00:15:16,400 --> 00:15:18,840 Speaker 1: can still win an election with that. At this stage, 268 00:15:18,840 --> 00:15:20,520 Speaker 1: you can't. You're obviously not going to be able to 269 00:15:20,560 --> 00:15:23,360 Speaker 1: do that, you know, in a decade, two decades from now, 270 00:15:23,400 --> 00:15:26,560 Speaker 1: But you can for a limited period of time. So 271 00:15:26,640 --> 00:15:28,880 Speaker 1: that's the premise. But you know, in the long term, 272 00:15:28,880 --> 00:15:31,720 Speaker 1: we're all dead. So it may be abhorrent, but it's 273 00:15:31,720 --> 00:15:35,680 Speaker 1: not irrational. Yeah, this is such wild stuff. I hope 274 00:15:35,720 --> 00:15:42,720 Speaker 1: you will come back. I'm happy to any time. Justin 275 00:15:42,840 --> 00:15:46,200 Speaker 1: Wolfers is a professor of economics at the University of 276 00:15:46,200 --> 00:15:50,880 Speaker 1: Michigan and a New York Times contributor. Welcome to fast politics, 277 00:15:51,000 --> 00:15:55,520 Speaker 1: Justin Wolfers, Hey, I'm here for fast economics, not politics. Perience, 278 00:15:56,520 --> 00:16:00,280 Speaker 1: start with are we all going to die? Some so 279 00:16:00,360 --> 00:16:04,680 Speaker 1: comfortable talking about economics? It seems like this is you're 280 00:16:04,720 --> 00:16:07,840 Speaker 1: a happy place. What the fund is going on? Justin? 281 00:16:08,120 --> 00:16:11,520 Speaker 1: I have good news. Okay, let's world's getting back to normal. 282 00:16:11,760 --> 00:16:15,680 Speaker 1: Oh I love that. Explain. The thing that people have 283 00:16:15,800 --> 00:16:18,880 Speaker 1: been freaking out about over the past year has been inflation. 284 00:16:19,080 --> 00:16:21,640 Speaker 1: And they've had good reason too. So for as long 285 00:16:21,720 --> 00:16:26,320 Speaker 1: as you have been a journalist or a wank, for 286 00:16:26,320 --> 00:16:28,920 Speaker 1: as long as most of us have been alive, inflation 287 00:16:28,960 --> 00:16:33,480 Speaker 1: has been boring. Inflation was two percent almost every year. 288 00:16:33,560 --> 00:16:35,640 Speaker 1: Sometimes would be one point something, sometimes to be two 289 00:16:35,680 --> 00:16:38,120 Speaker 1: point something. It was boring. We never talked about it. 290 00:16:38,280 --> 00:16:42,240 Speaker 1: Pandemic hit, the world went crazy. Putin invade Ukraine, an 291 00:16:42,240 --> 00:16:47,080 Speaker 1: inflation went blue. Technical term that one. Yeah, it's very 292 00:16:47,280 --> 00:16:51,720 Speaker 1: very The nuance language there rose to seven eight nine, 293 00:16:52,200 --> 00:16:54,080 Speaker 1: depending on which measure you look at. Prices at the 294 00:16:54,080 --> 00:16:56,920 Speaker 1: pumper through the roof the grocery store was an unhappy place. 295 00:16:57,240 --> 00:16:59,880 Speaker 1: Buying a new car was so expensive. People would buy 296 00:17:00,160 --> 00:17:02,800 Speaker 1: used cars, but even they got so expensive. Cost of 297 00:17:02,840 --> 00:17:05,520 Speaker 1: living was a really important issue. Throughout all of this, 298 00:17:06,119 --> 00:17:08,480 Speaker 1: people have been asking economists like me, what's going to happen, 299 00:17:08,840 --> 00:17:13,200 Speaker 1: and we reminded them, this too shall pass. And all 300 00:17:13,240 --> 00:17:17,840 Speaker 1: of the ructions and madness of the pandemic were affecting 301 00:17:17,840 --> 00:17:20,920 Speaker 1: the economy in so many different ways, and I kept saying, 302 00:17:20,960 --> 00:17:23,080 Speaker 1: this will pass, and people kept saying, you're crazy. The 303 00:17:23,080 --> 00:17:27,639 Speaker 1: world's going nuts. But we're seeing that it's starting to pass. 304 00:17:28,000 --> 00:17:31,080 Speaker 1: And so what we actually saw is economist called the 305 00:17:31,119 --> 00:17:33,600 Speaker 1: headline inflation number that's an actual measure of the cost 306 00:17:33,640 --> 00:17:37,200 Speaker 1: of living actually fell last month. I don't want your 307 00:17:37,400 --> 00:17:40,720 Speaker 1: listeners to be confused. I didn't say inflation fell. I 308 00:17:40,760 --> 00:17:44,000 Speaker 1: said the average price the cost of living actually fell. 309 00:17:44,280 --> 00:17:47,080 Speaker 1: It was cheaper to be alive in December than it 310 00:17:47,119 --> 00:17:52,160 Speaker 1: was in November. That seems good. I'm in favor of it, 311 00:17:52,480 --> 00:17:55,040 Speaker 1: and so are your listeners. So now, a big part 312 00:17:55,040 --> 00:17:57,800 Speaker 1: of that is gas prices have been coming down. In 313 00:17:57,840 --> 00:18:00,000 Speaker 1: gas prices is a big part of all of our badgert. 314 00:18:01,040 --> 00:18:03,600 Speaker 1: So what economists tend to do is we don't spend 315 00:18:03,600 --> 00:18:05,680 Speaker 1: a lot of time looking at gas prices because gas 316 00:18:05,680 --> 00:18:09,680 Speaker 1: prices tell us a lot about Vladimir Putin's mood. They 317 00:18:09,720 --> 00:18:12,119 Speaker 1: tell us a lot about geo political eructions in the 318 00:18:12,160 --> 00:18:14,920 Speaker 1: Middle East, and they're driven by all sorts of things 319 00:18:14,960 --> 00:18:17,080 Speaker 1: that really don't affect much of the rest of the economy. 320 00:18:17,119 --> 00:18:19,119 Speaker 1: So we tend to look at something called core inflation, 321 00:18:19,119 --> 00:18:23,000 Speaker 1: which strips out energy prices because they're driven by so 322 00:18:23,080 --> 00:18:26,000 Speaker 1: much other madness, and it also strips out food. Now 323 00:18:26,240 --> 00:18:29,399 Speaker 1: it's not that food is unimportant, but food prices go 324 00:18:29,480 --> 00:18:31,960 Speaker 1: up and down with things like drought. Cardi b is 325 00:18:32,000 --> 00:18:34,240 Speaker 1: upset about the price of lettuce right now. That reflects 326 00:18:34,320 --> 00:18:37,560 Speaker 1: lettuce diseases in California, and that's not really telling us 327 00:18:37,560 --> 00:18:39,280 Speaker 1: anything about the underlying state of the economy. So we 328 00:18:39,280 --> 00:18:42,879 Speaker 1: look instead of core inflation, and core inflation rose, but 329 00:18:43,000 --> 00:18:46,119 Speaker 1: core inflation is now falling again. Wait, is that good 330 00:18:46,200 --> 00:18:48,800 Speaker 1: or bad? Well, it's good. So we tend to look 331 00:18:48,800 --> 00:18:51,240 Speaker 1: at core inflation rather than headline inflation because it tells 332 00:18:51,280 --> 00:18:55,160 Speaker 1: us more about where the economy is going. And it's falling. 333 00:18:55,760 --> 00:18:59,080 Speaker 1: It's still high, but it's falling, and that's all the 334 00:18:59,160 --> 00:19:01,720 Speaker 1: really good news I've got for you. So we want 335 00:19:01,880 --> 00:19:04,359 Speaker 1: all of these numbers to go down because these are 336 00:19:04,359 --> 00:19:08,160 Speaker 1: the numbers that make right now, the seven days right, 337 00:19:08,200 --> 00:19:10,840 Speaker 1: those are the numbers that everyone's anxious about. Are these 338 00:19:10,840 --> 00:19:15,639 Speaker 1: inflationary numbers exactly? And so they're coming down, that's good news. 339 00:19:15,800 --> 00:19:17,920 Speaker 1: They're not yet at levels that I think any of 340 00:19:18,000 --> 00:19:22,760 Speaker 1: us would find calming. So calm boring, which is every 341 00:19:22,760 --> 00:19:25,880 Speaker 1: economist highest aspiration is for the economy to be boring. 342 00:19:27,200 --> 00:19:31,000 Speaker 1: Boring is what inflation is about? Two or maybe two 343 00:19:31,000 --> 00:19:34,280 Speaker 1: points something core inflation. I think it's down to six 344 00:19:34,320 --> 00:19:37,320 Speaker 1: and a half percent, so still quite some distance from boring. 345 00:19:37,800 --> 00:19:39,960 Speaker 1: But when we talk about the inflation rate, we're usually 346 00:19:39,960 --> 00:19:43,560 Speaker 1: talking about how different as prices today than twelve months ago. Well, 347 00:19:43,560 --> 00:19:45,159 Speaker 1: that tells us a lot about what was happening in 348 00:19:45,160 --> 00:19:48,080 Speaker 1: the first half of two. We really care about what's 349 00:19:48,080 --> 00:19:51,199 Speaker 1: been happening recently and so over the past three months. 350 00:19:51,240 --> 00:19:53,320 Speaker 1: Now here's the exciting news. Money. I want you on 351 00:19:53,359 --> 00:19:59,920 Speaker 1: the edgier seat, and maybe can you cheer when this happens? Really? Yes? Yes, absolutely, 352 00:20:00,200 --> 00:20:02,840 Speaker 1: let's go. Okay, because I'm gonna walk out with the 353 00:20:02,920 --> 00:20:05,719 Speaker 1: number you want to hear? Wait, you weren't walking out before? 354 00:20:06,320 --> 00:20:10,720 Speaker 1: That was my friendly every day I just mentioned, right, 355 00:20:10,800 --> 00:20:13,439 Speaker 1: that was the dumb down version. Okay, good, I'm going 356 00:20:13,480 --> 00:20:16,240 Speaker 1: to try to pay attention and not get distracted by 357 00:20:16,400 --> 00:20:20,359 Speaker 1: something all right, go on or anything. Core Inflation, that's 358 00:20:20,400 --> 00:20:22,080 Speaker 1: the one that tells us about what's going to happen 359 00:20:22,080 --> 00:20:25,560 Speaker 1: in the future. Over the past three months, has run 360 00:20:25,520 --> 00:20:28,760 Speaker 1: an annual rate of three point one pc. You forgot 361 00:20:28,760 --> 00:20:32,159 Speaker 1: to cheer, Molly. Yeah, wait, but you're just telling me 362 00:20:32,200 --> 00:20:34,000 Speaker 1: what it's running. Now, You've got to tell me the 363 00:20:34,000 --> 00:20:35,920 Speaker 1: good there's no good news yet. I'm waiting for the 364 00:20:35,960 --> 00:20:38,919 Speaker 1: good news. That is good news. To remember, boring is 365 00:20:39,000 --> 00:20:42,320 Speaker 1: two percent. Oh so, okay, so it isn't going up. 366 00:20:42,680 --> 00:20:46,520 Speaker 1: We're awfully close to boring. Oh so that's good, which 367 00:20:46,560 --> 00:20:52,040 Speaker 1: means you might never need to I was going to 368 00:20:52,119 --> 00:20:53,679 Speaker 1: be you know, the thing has Molly, I like to 369 00:20:53,680 --> 00:20:55,520 Speaker 1: talk about other things. So you and I next time 370 00:20:55,520 --> 00:20:59,440 Speaker 1: we can talk about other things that unemployment, in a 371 00:20:59,560 --> 00:21:03,119 Speaker 1: quality the environs. Those are good things. We probably are 372 00:21:03,160 --> 00:21:05,080 Speaker 1: going to have to keep having this conversation for another 373 00:21:05,160 --> 00:21:08,639 Speaker 1: three to six months, right, But it looks like we're 374 00:21:08,720 --> 00:21:11,400 Speaker 1: on our pathway to boring. Oh so you really think 375 00:21:11,440 --> 00:21:14,359 Speaker 1: inflation is on its way down? There's no question. So 376 00:21:14,760 --> 00:21:18,119 Speaker 1: it was controversial three months ago when I said inflation 377 00:21:18,200 --> 00:21:22,720 Speaker 1: has peaked no longer controversial. So are you like taking 378 00:21:22,720 --> 00:21:25,280 Speaker 1: a victory lap here? Do you? Are you sticking it 379 00:21:25,320 --> 00:21:28,400 Speaker 1: to the people who are like kind of the more 380 00:21:28,560 --> 00:21:32,960 Speaker 1: part maybe the more republican partisan type economists who were 381 00:21:32,960 --> 00:21:36,280 Speaker 1: poopooing you, not Molly, that is not my personality type. 382 00:21:36,280 --> 00:21:38,760 Speaker 1: But if you, for instance, wanted to add a couple 383 00:21:38,760 --> 00:21:41,920 Speaker 1: of paragraphs right now, I think your listeners would love 384 00:21:41,960 --> 00:21:45,359 Speaker 1: to hear them. So Jesse texted me a question, and 385 00:21:45,400 --> 00:21:48,720 Speaker 1: it's very unusual that Jesse texts me a question. Don't 386 00:21:48,800 --> 00:21:51,200 Speaker 1: move on from I was right, everyone else was wrong. 387 00:21:52,920 --> 00:21:57,360 Speaker 1: Jesse says, why is everyone talking about inflation NonStop if 388 00:21:57,359 --> 00:21:59,800 Speaker 1: it's gone down? And it is true. I was watching 389 00:22:00,160 --> 00:22:02,320 Speaker 1: the news today and someone was talking about an eight 390 00:22:02,320 --> 00:22:07,080 Speaker 1: dollar head of califlower. Yeah, So that's the thing. What 391 00:22:07,119 --> 00:22:09,600 Speaker 1: I'm trying to do is give you and your listeners 392 00:22:09,680 --> 00:22:11,600 Speaker 1: a sense of how we know inflation is going to 393 00:22:11,640 --> 00:22:13,560 Speaker 1: play out over the next few months. So I'm not 394 00:22:13,600 --> 00:22:16,679 Speaker 1: looking back, what I'm looking forward. Okay, it's still high 395 00:22:16,840 --> 00:22:19,359 Speaker 1: and it's still going to hurt for now. Right, So 396 00:22:19,440 --> 00:22:21,600 Speaker 1: inflation is run at six and a half percent out 397 00:22:21,600 --> 00:22:24,040 Speaker 1: of the past year. That's bad news. If I if 398 00:22:24,080 --> 00:22:27,040 Speaker 1: I were in the business of political talking points. I 399 00:22:27,080 --> 00:22:29,960 Speaker 1: would scream about that, I would talk about not all 400 00:22:30,000 --> 00:22:33,480 Speaker 1: of inflation. I would talk about egg prices or let 401 00:22:33,560 --> 00:22:36,919 Speaker 1: us prices and so on. But what we know is 402 00:22:36,960 --> 00:22:39,400 Speaker 1: if you look at the most recent few months, which 403 00:22:39,480 --> 00:22:41,840 Speaker 1: is really telling us where the economy is going, it's 404 00:22:42,080 --> 00:22:45,800 Speaker 1: much much lower. And so the moment of crisis is 405 00:22:45,840 --> 00:22:49,280 Speaker 1: not past us, but we can see it coming just 406 00:22:49,440 --> 00:22:53,000 Speaker 1: around the corner. So again, does this mean that we 407 00:22:53,080 --> 00:22:55,919 Speaker 1: are coming in for a soft landing and that a 408 00:22:55,960 --> 00:23:01,080 Speaker 1: recession is not necessarily imminent? Right? So economists are smart 409 00:23:01,160 --> 00:23:03,880 Speaker 1: enough never to risk their entire reputations on any one thing. 410 00:23:04,080 --> 00:23:07,920 Speaker 1: But if you thought about what a soft landing looks like, 411 00:23:08,160 --> 00:23:12,280 Speaker 1: it would be this. Now, there are a million things 412 00:23:12,280 --> 00:23:14,520 Speaker 1: that can happen between here and there. I don't want 413 00:23:14,560 --> 00:23:18,199 Speaker 1: to promise your listeners there's no recession coming, but I 414 00:23:18,240 --> 00:23:20,520 Speaker 1: do want to say that the folks who say they're 415 00:23:20,640 --> 00:23:23,879 Speaker 1: certain that there's one coming. And I saw a survey 416 00:23:23,960 --> 00:23:28,000 Speaker 1: the other day in which which professional forecaster said there 417 00:23:28,000 --> 00:23:31,520 Speaker 1: was a sixty five percent of a recession next year. 418 00:23:32,040 --> 00:23:34,640 Speaker 1: Some were so certain they said there were sure of it. 419 00:23:35,359 --> 00:23:38,159 Speaker 1: I think those people are overstating the case. So of 420 00:23:38,200 --> 00:23:41,280 Speaker 1: course you should always prepare for the worst and hope 421 00:23:41,280 --> 00:23:44,840 Speaker 1: for something better. But I'm not as worried as a 422 00:23:44,880 --> 00:23:46,480 Speaker 1: lot of people are. And this is part of the 423 00:23:46,520 --> 00:23:49,639 Speaker 1: good news story, which is it's now less likely that 424 00:23:49,680 --> 00:23:52,359 Speaker 1: the Fed will be tempted to cause a recession to 425 00:23:52,440 --> 00:23:55,200 Speaker 1: stomp out inflation, right, because they don't need to keep 426 00:23:55,280 --> 00:24:00,440 Speaker 1: raising interest rates if inflation is going down on it's own, right. 427 00:24:00,520 --> 00:24:02,840 Speaker 1: And if what I'm saying sounds different than what you're 428 00:24:02,880 --> 00:24:05,119 Speaker 1: reading in the newspaper, it's because what I'm trying to 429 00:24:05,119 --> 00:24:06,840 Speaker 1: give you a sense of is what the newspaper is 430 00:24:06,840 --> 00:24:09,120 Speaker 1: going to say in two or three months time rather 431 00:24:09,160 --> 00:24:12,359 Speaker 1: than today. But here's my question for you. So these 432 00:24:12,480 --> 00:24:17,399 Speaker 1: layoffs we saw Goldman laid off today, we're seeing the 433 00:24:17,680 --> 00:24:23,240 Speaker 1: text will they be okay? The heartbreaks? But so these 434 00:24:23,320 --> 00:24:28,600 Speaker 1: layoffs are largely trying to sort of get ahead of 435 00:24:29,119 --> 00:24:32,240 Speaker 1: you know, with a sort of eye towards shareholders and like, 436 00:24:32,359 --> 00:24:35,119 Speaker 1: you know, using it as an excuse or these layoffs, 437 00:24:35,280 --> 00:24:38,040 Speaker 1: I mean, what are they? Why are they happening right now? 438 00:24:38,320 --> 00:24:40,800 Speaker 1: One way to try and track what's going on with 439 00:24:40,800 --> 00:24:44,520 Speaker 1: the economy is reading individual news stories about individual companies. 440 00:24:44,720 --> 00:24:47,800 Speaker 1: It doesn't work, and it doesn't work because in any 441 00:24:47,840 --> 00:24:52,760 Speaker 1: given month, three million Americans lose their jobs. How many 442 00:24:52,800 --> 00:24:56,160 Speaker 1: loss their jobs at Goldman like ten tho maybe, yeah, 443 00:24:56,160 --> 00:24:59,480 Speaker 1: it's maybe twelve thousand. But it's a point something's maybe 444 00:24:59,480 --> 00:25:05,960 Speaker 1: it's a point ooh something something percent that's sat Listen there. 445 00:25:06,040 --> 00:25:09,160 Speaker 1: I'm sure there are people who loves their jobs, who 446 00:25:09,160 --> 00:25:13,120 Speaker 1: are maintenance staff, and people for whom this is like, 447 00:25:13,680 --> 00:25:16,399 Speaker 1: you know, that's not all going to be like wildly 448 00:25:16,880 --> 00:25:21,040 Speaker 1: overpaid investment bankers. If you think Goldman directly hires its 449 00:25:21,080 --> 00:25:23,919 Speaker 1: maintenance staff rather than outsourcing so that someone else can 450 00:25:23,960 --> 00:25:27,159 Speaker 1: crush their workers, I think you may not understand the 451 00:25:27,160 --> 00:25:29,879 Speaker 1: financial industry. All right, Well, that's a good point, But 452 00:25:30,320 --> 00:25:32,800 Speaker 1: the point is, you know, it's never good when people 453 00:25:32,880 --> 00:25:35,240 Speaker 1: lose their jobs. But I think there's a really good 454 00:25:35,280 --> 00:25:38,000 Speaker 1: point here that you think this is more about the 455 00:25:38,040 --> 00:25:41,440 Speaker 1: company is unless about And certainly the tech sector has 456 00:25:41,480 --> 00:25:45,879 Speaker 1: been very overheated with valuations way out of the mainstream. 457 00:25:46,160 --> 00:25:50,520 Speaker 1: And again, the normal state of the world for the U. S. 458 00:25:50,560 --> 00:25:54,480 Speaker 1: Economy and for people's lives is jobs are always getting destroyed, 459 00:25:54,520 --> 00:25:57,760 Speaker 1: they're always getting created. The ones that happen to be 460 00:25:57,840 --> 00:26:01,440 Speaker 1: destroyed right now are the ones that have journalists who 461 00:26:01,440 --> 00:26:04,840 Speaker 1: are on that specific beat, so we're reading more about them. 462 00:26:05,040 --> 00:26:06,920 Speaker 1: So what we don't hear about so much about is 463 00:26:06,960 --> 00:26:09,880 Speaker 1: you know, your local travel agent finally closes because who 464 00:26:09,960 --> 00:26:12,720 Speaker 1: uses travel agents? No one writes that article, but it's 465 00:26:12,720 --> 00:26:16,560 Speaker 1: probably far more important than Goldman sacks layoffs. So there 466 00:26:16,560 --> 00:26:19,760 Speaker 1: are two ways of tracking the economy. One is read 467 00:26:19,880 --> 00:26:23,480 Speaker 1: newspaper headlines from the Journal and the Times. The other 468 00:26:23,640 --> 00:26:26,560 Speaker 1: is run large scale surveys about the entire span of 469 00:26:26,600 --> 00:26:30,480 Speaker 1: the US economy, which includes small, medium, and large companies, 470 00:26:31,040 --> 00:26:35,680 Speaker 1: and use sophisticated statistical techniques to make sure they're representatives. 471 00:26:35,760 --> 00:26:38,560 Speaker 1: I'll give you a hint the second one works. The 472 00:26:38,640 --> 00:26:44,200 Speaker 1: first approach doesn't that makes sense. I'm curious, Now where 473 00:26:44,359 --> 00:26:47,400 Speaker 1: do you think now this economy is headed? You think 474 00:26:47,480 --> 00:26:50,919 Speaker 1: that inflation and does this mean? Here's another question I 475 00:26:50,960 --> 00:26:55,000 Speaker 1: want to ask a lot of people have said, especially Republicans, 476 00:26:55,200 --> 00:26:59,320 Speaker 1: have said that the Biden administration was absolutely wrong when 477 00:26:59,440 --> 00:27:03,439 Speaker 1: earlier on when inflation started, there were talk talk that 478 00:27:03,520 --> 00:27:09,600 Speaker 1: it was transitory. But if this is actually happening, wouldn't 479 00:27:09,640 --> 00:27:12,879 Speaker 1: this actually be sort of transitory? I mean, when this 480 00:27:12,960 --> 00:27:17,040 Speaker 1: have been caused by supply chain hiccups? And you know 481 00:27:17,320 --> 00:27:19,840 Speaker 1: the gas prices. I mean, obviously it's caused by the war. 482 00:27:20,000 --> 00:27:22,600 Speaker 1: Was the war was Russia? But like I mean, isn't 483 00:27:22,640 --> 00:27:27,440 Speaker 1: that ultimately kind of supply and demand stuff? Oh my god, Molly, 484 00:27:27,520 --> 00:27:31,119 Speaker 1: I love you so much. Yes. So look there's a 485 00:27:31,160 --> 00:27:33,040 Speaker 1: big lesson here. So the debate a year and a 486 00:27:33,080 --> 00:27:36,080 Speaker 1: half ago was there, will the rise in inflation be transitory? 487 00:27:36,560 --> 00:27:40,800 Speaker 1: The big mistake was that the word transitory means something 488 00:27:40,800 --> 00:27:43,760 Speaker 1: different in Washington than one economists use it. In Washington, 489 00:27:43,800 --> 00:27:46,880 Speaker 1: transitory means two to three weeks. In economics, it means 490 00:27:46,920 --> 00:27:49,440 Speaker 1: two to three years. And so what happened after two 491 00:27:49,440 --> 00:27:52,679 Speaker 1: to three months was the economists finally learned they had 492 00:27:52,720 --> 00:27:55,200 Speaker 1: to stop using that word, and they walked away from it. Look, 493 00:27:55,240 --> 00:27:57,600 Speaker 1: the truth is, it's looking a lot like the script 494 00:27:57,880 --> 00:28:01,000 Speaker 1: that the team transitory economists would describing a year and 495 00:28:01,000 --> 00:28:03,720 Speaker 1: a half ago, although with one big asterix, which is, 496 00:28:03,720 --> 00:28:07,440 Speaker 1: I think we've learned that transitory might take twice as 497 00:28:07,440 --> 00:28:10,240 Speaker 1: long as we had originally hoped it would. So things 498 00:28:10,280 --> 00:28:12,840 Speaker 1: are a little worse than what the optimists have been 499 00:28:13,280 --> 00:28:17,360 Speaker 1: suggesting they would be, but they are still eventually following 500 00:28:17,359 --> 00:28:20,240 Speaker 1: the script that things are on their way back to normal. Yeah, 501 00:28:20,280 --> 00:28:24,800 Speaker 1: it sounds like such an interesting and strange time. The 502 00:28:24,800 --> 00:28:29,280 Speaker 1: Fed raised interest rates half a point in the last raise. 503 00:28:29,400 --> 00:28:32,240 Speaker 1: Do you think now they're just going to back off completely? 504 00:28:32,560 --> 00:28:35,520 Speaker 1: Not completely. So, first of all, the FED plays a 505 00:28:35,560 --> 00:28:39,400 Speaker 1: really important role in all of this, which is that 506 00:28:39,760 --> 00:28:42,960 Speaker 1: if they can convince the rest of us that they're 507 00:28:42,960 --> 00:28:45,280 Speaker 1: going to do whatever they can to reduce inflation, then 508 00:28:45,320 --> 00:28:48,080 Speaker 1: we'll believe them. And now if I am a business 509 00:28:48,080 --> 00:28:50,640 Speaker 1: trying to set my prices for next year, and I'll think, well, 510 00:28:50,680 --> 00:28:52,680 Speaker 1: my input costs aren't going to rise by much because 511 00:28:52,680 --> 00:28:54,840 Speaker 1: no one's going to raise their prices because everyone believes 512 00:28:54,840 --> 00:28:57,320 Speaker 1: the Fed. And so the FED has to like a 513 00:28:57,400 --> 00:29:01,280 Speaker 1: parent threatening if you don't behave yourself, will take away 514 00:29:01,280 --> 00:29:03,600 Speaker 1: your toys. That's sort of the role of the FED, 515 00:29:03,800 --> 00:29:06,200 Speaker 1: and what it hopes to do is if you're really 516 00:29:06,200 --> 00:29:08,360 Speaker 1: good parent you kids, then behave themselves and your nevative 517 00:29:08,400 --> 00:29:11,200 Speaker 1: take away the toys. Well, in this analogy, take away 518 00:29:11,240 --> 00:29:13,480 Speaker 1: the toys is cause a recession. So the FED sort 519 00:29:13,480 --> 00:29:15,080 Speaker 1: of saying I'm willing to cause a recession if you 520 00:29:15,120 --> 00:29:18,680 Speaker 1: don't behave yourself and stock raising prices. If everyone believes them, 521 00:29:18,840 --> 00:29:21,800 Speaker 1: they stop raising prices and then they don't need to 522 00:29:21,800 --> 00:29:25,640 Speaker 1: cause a recession. And that's my hope that that's the 523 00:29:25,680 --> 00:29:29,560 Speaker 1: pathway that we're on. Yeah, that's really interesting. You think 524 00:29:29,560 --> 00:29:32,480 Speaker 1: that there's a real chance that there is in a 525 00:29:32,520 --> 00:29:39,360 Speaker 1: recession now? Absolutely, Yeah, so interesting. Justin I am really 526 00:29:39,400 --> 00:29:42,320 Speaker 1: grateful to have you on. Just one last thing. Can 527 00:29:42,360 --> 00:29:45,480 Speaker 1: you remind our listeners that the stock market is not 528 00:29:45,520 --> 00:29:54,160 Speaker 1: the economy, So the stock market is not the economy. 529 00:29:55,400 --> 00:29:58,440 Speaker 1: Can you explain this sort of market volatility and why 530 00:29:58,480 --> 00:30:01,840 Speaker 1: it's not so relevant even though it is relevant. Yeah, 531 00:30:01,920 --> 00:30:04,320 Speaker 1: let me actually start by giving your listeners some advice, 532 00:30:04,600 --> 00:30:07,320 Speaker 1: which is totally serious. I know that market Place on 533 00:30:07,480 --> 00:30:10,760 Speaker 1: NPR begins every day by telling you what the numbers are, 534 00:30:11,360 --> 00:30:13,920 Speaker 1: and I know that it's on Yahoo, and I know 535 00:30:14,000 --> 00:30:17,160 Speaker 1: it's on Google Finance, and I know it's in the newspaper. 536 00:30:17,200 --> 00:30:19,600 Speaker 1: But you actually don't need to check financial prices more 537 00:30:19,640 --> 00:30:22,040 Speaker 1: than about once a year. Basically make sure you haven't 538 00:30:22,040 --> 00:30:24,040 Speaker 1: lost all your retirement savings and move on with it. 539 00:30:24,280 --> 00:30:26,320 Speaker 1: So the stock market is not the economy for a 540 00:30:26,320 --> 00:30:28,280 Speaker 1: bunch of reasons. First of all, the stock market tells 541 00:30:28,280 --> 00:30:30,440 Speaker 1: you about what's happening to a bunch of large companies 542 00:30:30,680 --> 00:30:32,880 Speaker 1: and expectations about what's going to happen to a large 543 00:30:32,920 --> 00:30:35,040 Speaker 1: number of companies. The stock market is really important because 544 00:30:35,040 --> 00:30:38,080 Speaker 1: knowing what people's expectations are is really important. So that's 545 00:30:38,120 --> 00:30:40,280 Speaker 1: the sense in which I watch it, but I'm paid to. 546 00:30:40,640 --> 00:30:42,760 Speaker 1: You don't have to. I'll be here to translate it 547 00:30:42,760 --> 00:30:46,400 Speaker 1: for you. Secondly, realize large companies ain't the whole economy. 548 00:30:46,640 --> 00:30:49,080 Speaker 1: First of all, there's small companies. And then, second of all, 549 00:30:49,160 --> 00:30:51,960 Speaker 1: realize that if you think about our total economic pie 550 00:30:52,320 --> 00:30:57,080 Speaker 1: that gets divided between workers and busses, the stock markets 551 00:30:57,080 --> 00:31:00,040 Speaker 1: all about bosses. So the stock market goes down and 552 00:31:00,080 --> 00:31:02,360 Speaker 1: whenever workers get a bigger slice of the pie. So 553 00:31:02,440 --> 00:31:04,600 Speaker 1: sometimes a decline in the stock market may actually be 554 00:31:04,640 --> 00:31:06,720 Speaker 1: good news for those of us who work for a living. 555 00:31:06,960 --> 00:31:10,880 Speaker 1: And then also sometimes the stock markets expectations just playing wrong. 556 00:31:11,040 --> 00:31:14,120 Speaker 1: They get too excited by one story or another. I 557 00:31:14,160 --> 00:31:17,640 Speaker 1: wouldn't spend too much time trying to interpret these financial prices, 558 00:31:18,240 --> 00:31:20,680 Speaker 1: although I do think they're useful as it. Just think 559 00:31:20,680 --> 00:31:24,080 Speaker 1: of it as an indicator of optimism or pessimism. And 560 00:31:24,520 --> 00:31:26,960 Speaker 1: this is where you Also, I'm always struck when I 561 00:31:26,960 --> 00:31:28,880 Speaker 1: go to the web and I look up the stock market. 562 00:31:29,360 --> 00:31:31,000 Speaker 1: The first thing it does is it shows me chart 563 00:31:31,040 --> 00:31:33,120 Speaker 1: showing me how it's done over the past thirty days. 564 00:31:33,560 --> 00:31:36,440 Speaker 1: Over thirty days, nothing changes. What you should do is 565 00:31:36,640 --> 00:31:38,920 Speaker 1: pan back out and look at it over the last 566 00:31:38,960 --> 00:31:41,560 Speaker 1: ten years, and that tells your whole different story. Yeah, 567 00:31:41,600 --> 00:31:43,200 Speaker 1: there's the day to day ups and downs, and that 568 00:31:43,200 --> 00:31:46,200 Speaker 1: gets the financial press very excited. But for instance, one 569 00:31:46,200 --> 00:31:49,040 Speaker 1: of the most striking facts is the value of stocks 570 00:31:49,120 --> 00:31:50,960 Speaker 1: is higher right now than it was on the eve 571 00:31:51,000 --> 00:31:54,640 Speaker 1: of the pandemic. That's kind of mind blowing. Your investments 572 00:31:54,880 --> 00:31:57,720 Speaker 1: actually have risen in value despite a once in a 573 00:31:57,880 --> 00:32:02,000 Speaker 1: century global pandemic. By that measure, we're kind of pretty healthy. 574 00:32:02,120 --> 00:32:04,200 Speaker 1: That's not a bad place to be, all right. I'm 575 00:32:04,200 --> 00:32:07,560 Speaker 1: happy to hear it. I'll trust you. Thank you, justin Wolfers. 576 00:32:07,600 --> 00:32:09,680 Speaker 1: I hope they'll come back. I look forward to it. 577 00:32:10,520 --> 00:32:14,280 Speaker 1: I know you, our dear listeners are very busy, and 578 00:32:14,360 --> 00:32:16,480 Speaker 1: you don't have time to sort through the hundreds of 579 00:32:16,520 --> 00:32:20,400 Speaker 1: pieces of punitentry each week. This is why every week 580 00:32:20,680 --> 00:32:24,600 Speaker 1: I put together a newsletter of my five favorite articles 581 00:32:24,600 --> 00:32:27,480 Speaker 1: on politics. If you enjoy the podcast, you will love 582 00:32:27,560 --> 00:32:31,400 Speaker 1: having this in your inbox every Friday, So sign up 583 00:32:31,440 --> 00:32:34,760 Speaker 1: at fast politics pod dot com and click the tab 584 00:32:34,880 --> 00:32:42,120 Speaker 1: to join our mailing list. That's Fast Politics pod dot com. 585 00:32:42,280 --> 00:32:46,640 Speaker 1: Terra Paul Mary is a senior political correspondent at Puck News. 586 00:32:47,160 --> 00:32:51,480 Speaker 1: Welcome to Fast Politics Terrible Mary, Thanks for having me, Molly, 587 00:32:51,960 --> 00:32:56,520 Speaker 1: seems like things are going great in Congress. Talk to 588 00:32:56,520 --> 00:32:59,760 Speaker 1: me about what the political landscape looks like right now 589 00:32:59,800 --> 00:33:02,120 Speaker 1: and Washington, d you see what are you seeing? I mean, 590 00:33:02,160 --> 00:33:04,800 Speaker 1: I think there's like a bit of um just sort 591 00:33:04,840 --> 00:33:08,600 Speaker 1: of dysfunction. Everyone's hanging out like there's no more proxy 592 00:33:08,680 --> 00:33:12,040 Speaker 1: voting anymore. So explain that that. It seems really like 593 00:33:12,080 --> 00:33:14,800 Speaker 1: an important data point. Right, So the margins are really 594 00:33:14,840 --> 00:33:19,320 Speaker 1: slim in Congress. McCarthy only has five votes for a majority. 595 00:33:19,520 --> 00:33:23,959 Speaker 1: And if Democrats leave Congress just like say, they're not 596 00:33:24,000 --> 00:33:27,040 Speaker 1: able to vote. You know, a lot of them are older, 597 00:33:27,160 --> 00:33:29,960 Speaker 1: some of them have health issues. Just general things happen. 598 00:33:30,000 --> 00:33:32,800 Speaker 1: People are coming from all over the country, things like 599 00:33:32,920 --> 00:33:36,520 Speaker 1: you know, the flights being down that stop members from 600 00:33:36,560 --> 00:33:40,520 Speaker 1: getting to Congress to vote. That can really change the 601 00:33:40,600 --> 00:33:44,160 Speaker 1: game for Kevin McCarthy. So if if Democrats don't cho 602 00:33:44,240 --> 00:33:46,160 Speaker 1: up to vote, for every two Democrats that don't chow 603 00:33:46,240 --> 00:33:48,360 Speaker 1: up to vote, one less Republican is needed to pass 604 00:33:48,600 --> 00:33:52,040 Speaker 1: um legislation, So there's an incentive for Democrats to show 605 00:33:52,120 --> 00:33:53,960 Speaker 1: up because they don't want Republicans to be off the 606 00:33:54,040 --> 00:33:59,160 Speaker 1: hook when there's only five, you know votes that they lose, 607 00:33:59,440 --> 00:34:01,440 Speaker 1: you know, five votes they can't pass what they want 608 00:34:01,440 --> 00:34:03,320 Speaker 1: to pass, and a lot of his messaging. But you know, 609 00:34:03,400 --> 00:34:05,440 Speaker 1: there's it feels like the first week of school. Like 610 00:34:05,440 --> 00:34:07,720 Speaker 1: I've been Washington right now, and last week was kind 611 00:34:07,720 --> 00:34:11,879 Speaker 1: of a disaster with McCarthy. You know, well, we all 612 00:34:11,920 --> 00:34:14,360 Speaker 1: know what happened, but but I but I was told 613 00:34:14,400 --> 00:34:18,480 Speaker 1: democracy was messy and that we that we in the 614 00:34:18,600 --> 00:34:22,880 Speaker 1: pundit class were we're overreacting, and that Kevin McCarthy had 615 00:34:22,920 --> 00:34:25,560 Speaker 1: it all handled. Are you saying he didn't have it 616 00:34:25,600 --> 00:34:28,640 Speaker 1: all handled? You know, that was like some amazing spin. 617 00:34:28,719 --> 00:34:31,520 Speaker 1: By day three, they were like, well, you know what, 618 00:34:31,680 --> 00:34:35,080 Speaker 1: let's chocolate up to the process. It's like, no one 619 00:34:35,680 --> 00:34:38,719 Speaker 1: loves it, hasn't happened since the Civil War, but yes, 620 00:34:39,040 --> 00:34:41,279 Speaker 1: it's the process. Yeah. I mean, the reality is that 621 00:34:41,400 --> 00:34:43,520 Speaker 1: he barely won the House, and a big part of 622 00:34:43,520 --> 00:34:46,120 Speaker 1: the reason why he won is because moderates in New 623 00:34:46,160 --> 00:34:49,799 Speaker 1: York were elected and moderates in California. So at the 624 00:34:49,840 --> 00:34:52,799 Speaker 1: end of the day, also the House Freedom Caucus grew 625 00:34:52,880 --> 00:34:56,239 Speaker 1: and they decided to flex that power and he's pretty much, 626 00:34:56,520 --> 00:34:59,719 Speaker 1: you know, powerless, and it was just a wild week. 627 00:35:00,200 --> 00:35:02,520 Speaker 1: But this is just going to be his hell, he 628 00:35:02,560 --> 00:35:06,120 Speaker 1: can't lose votes. I mean five votes, that's all he's got. 629 00:35:06,239 --> 00:35:08,600 Speaker 1: And George Santos probably won't be sticking around for very 630 00:35:08,600 --> 00:35:11,120 Speaker 1: long if they have a special election, and that that's 631 00:35:11,120 --> 00:35:13,640 Speaker 1: probably that will probably only be if he's indicted, but 632 00:35:13,760 --> 00:35:16,080 Speaker 1: that might take a little while. But you're already hearing 633 00:35:16,080 --> 00:35:18,839 Speaker 1: Republicans in Long Island say the guy needs to step down, 634 00:35:19,760 --> 00:35:22,560 Speaker 1: but McCarthy said, no, he doesn't want him to step down, 635 00:35:22,600 --> 00:35:26,160 Speaker 1: of course, not because he needs that vote again, five people. 636 00:35:27,800 --> 00:35:31,800 Speaker 1: It's just like, that's it, he needs George Santo's crazy 637 00:35:31,840 --> 00:35:33,680 Speaker 1: to think that, right, But then there are others like 638 00:35:33,719 --> 00:35:36,239 Speaker 1: people are a big part of the reason why they 639 00:35:36,280 --> 00:35:39,200 Speaker 1: held off on voting for committee chairs that were in 640 00:35:39,239 --> 00:35:42,839 Speaker 1: contention was because McCarthy didn't want to alienate others who 641 00:35:42,920 --> 00:35:46,960 Speaker 1: might possibly wanna retire if they don't get their chairmanships. 642 00:35:47,719 --> 00:35:52,920 Speaker 1: Verne Buchanan um wait to explain, explain, explain. Vernon Buchanan 643 00:35:53,200 --> 00:35:57,320 Speaker 1: is seventy one years old. He was running for chairman 644 00:35:57,360 --> 00:36:00,080 Speaker 1: of the powerful House Ways and Means Committee, he a 645 00:36:00,160 --> 00:36:04,160 Speaker 1: ranking member, and he didn't get it. Instead, Jason Smith 646 00:36:04,320 --> 00:36:07,439 Speaker 1: won that. And Jason's kind of been seen as someone 647 00:36:07,440 --> 00:36:11,279 Speaker 1: who kisses up to Kevin McCarthy. He's an ally of his. 648 00:36:11,680 --> 00:36:16,800 Speaker 1: And I was told that Burne was angry, very angry 649 00:36:16,840 --> 00:36:21,040 Speaker 1: to express his displeasure to Kevin McCarthy. And here's the thing, 650 00:36:21,239 --> 00:36:23,640 Speaker 1: He's worth more than a hundred million dollars. He's seventy 651 00:36:23,640 --> 00:36:25,839 Speaker 1: one years old, and everyone's like, why is this guy 652 00:36:25,880 --> 00:36:28,960 Speaker 1: from southwest Florida, like Sarasota area going to stick around 653 00:36:28,960 --> 00:36:33,399 Speaker 1: in Congress rich and with no you know, without having 654 00:36:33,440 --> 00:36:35,560 Speaker 1: the chairmanship of that Ways and Means Committee. So there 655 00:36:35,600 --> 00:36:37,920 Speaker 1: was a lot of like talk this week when he lost, 656 00:36:37,960 --> 00:36:41,240 Speaker 1: like over in Buchanan's going to retire. That means another 657 00:36:41,360 --> 00:36:44,640 Speaker 1: seat for McCarthy would be down for about two months 658 00:36:44,680 --> 00:36:47,640 Speaker 1: during like a special election. That's in the best case scenario, 659 00:36:47,719 --> 00:36:50,239 Speaker 1: that's if Rhonda Santis calls one immediately. So it was 660 00:36:50,320 --> 00:36:52,960 Speaker 1: more concerned and we're kind of assuming that George Santos 661 00:36:52,960 --> 00:36:56,919 Speaker 1: will eventually have to step down. So that's three votes um. So, 662 00:36:57,200 --> 00:36:59,640 Speaker 1: as you can tell every day everyone's sort of there's 663 00:36:59,640 --> 00:37:02,880 Speaker 1: like a part looking you know what what happens if 664 00:37:02,960 --> 00:37:08,360 Speaker 1: Republicans lose a vote, right, and you know what will 665 00:37:08,400 --> 00:37:10,680 Speaker 1: trigger the motion of ak You know, will it be 666 00:37:10,719 --> 00:37:13,360 Speaker 1: Trump having a bad day and saying, why isn't McCarthy 667 00:37:13,480 --> 00:37:16,399 Speaker 1: endorsing me for president more forcefully? Will it be Matt 668 00:37:16,440 --> 00:37:18,560 Speaker 1: Gates's board and size he just wants to, you know, 669 00:37:18,719 --> 00:37:21,080 Speaker 1: not getting enough press, wants to trigger the motion to vacate? 670 00:37:21,239 --> 00:37:23,839 Speaker 1: Or will it be something like the dead ceiling? And 671 00:37:24,200 --> 00:37:27,080 Speaker 1: in the meantime, everyone's just counting the votes and Democrats 672 00:37:27,160 --> 00:37:29,040 Speaker 1: have to show up for this to make it difficult 673 00:37:29,080 --> 00:37:32,440 Speaker 1: for McCarthy because if it's two Democrats don't show up, 674 00:37:32,440 --> 00:37:35,480 Speaker 1: instead of five vote extra votes of majority, he needs four, 675 00:37:36,000 --> 00:37:39,319 Speaker 1: So there's an incentive for them to show up and 676 00:37:39,360 --> 00:37:41,719 Speaker 1: to make it more difficult for him. Why did they 677 00:37:41,719 --> 00:37:44,400 Speaker 1: get rid of proxy voting? Is just just like because 678 00:37:44,440 --> 00:37:46,839 Speaker 1: they don't want to have anything that looks like a 679 00:37:46,840 --> 00:37:49,680 Speaker 1: COVID restriction. I'm sure it's a little bit of like 680 00:37:49,760 --> 00:37:52,640 Speaker 1: backlash against the COVID changes, and I think I mean 681 00:37:53,040 --> 00:37:56,800 Speaker 1: Republicans will say, like constitutionally, you have to be there, right, 682 00:37:56,920 --> 00:37:59,799 Speaker 1: but nobody believes that. I mean, they don't even believe that, right. 683 00:37:59,800 --> 00:38:02,400 Speaker 1: And Marjorie Taylor Green was in Costa Rica during the 684 00:38:02,440 --> 00:38:05,680 Speaker 1: omnibus vote and she voted via proxy on that, so 685 00:38:05,760 --> 00:38:08,600 Speaker 1: like everybody was abusing it. It wasn't just Republicans, but 686 00:38:08,800 --> 00:38:11,640 Speaker 1: I was talking to a freshman member who was like, 687 00:38:11,640 --> 00:38:14,239 Speaker 1: oh my god, everybody has COVID now, and they're like, 688 00:38:14,480 --> 00:38:17,920 Speaker 1: not everybody, but people are voting with COVID A D 689 00:38:18,160 --> 00:38:21,480 Speaker 1: or r D. Yeah, people are because like our zone tests, 690 00:38:21,480 --> 00:38:25,200 Speaker 1: so you don't know, don't test, don't tell you know, 691 00:38:25,400 --> 00:38:28,759 Speaker 1: don't test, don't tell Jesus. And I mean Democrats are 692 00:38:28,800 --> 00:38:31,040 Speaker 1: showing up with masks, like telling people they have COVID 693 00:38:31,120 --> 00:38:33,120 Speaker 1: voting and then like sitting off the side of the 694 00:38:33,120 --> 00:38:35,480 Speaker 1: floor or like coughing. It's like a waiting room. And 695 00:38:35,560 --> 00:38:38,600 Speaker 1: Republicans are not wearing masks because they're not allowed to. 696 00:38:38,760 --> 00:38:42,319 Speaker 1: Who care, They don't want to lose their primary challenges apparently, 697 00:38:42,400 --> 00:38:45,560 Speaker 1: like the crush where the kids that like, you know children, 698 00:38:45,800 --> 00:38:49,520 Speaker 1: crush is it's crash right, not crush crash? Yeah, please 699 00:38:50,000 --> 00:38:53,200 Speaker 1: ask the area, do you if it's a crash or 700 00:38:53,200 --> 00:38:55,919 Speaker 1: a crash it's a crash. I don't have to cash. 701 00:38:56,120 --> 00:38:58,720 Speaker 1: I've just revealed the fact that I have children. Nobody 702 00:38:58,760 --> 00:39:01,840 Speaker 1: keeps their kid in a crush that's for the baby. Jesus. No, 703 00:39:02,520 --> 00:39:04,160 Speaker 1: I thought that's like a French term for like a 704 00:39:04,160 --> 00:39:08,880 Speaker 1: playgroup for kids. Maybe I maybe the ignorama here, but anyway, 705 00:39:08,920 --> 00:39:13,319 Speaker 1: continue Apparently the Capitol Hill play group or babysitter is 706 00:39:13,400 --> 00:39:15,960 Speaker 1: very segregated based on which parents make their kids wear 707 00:39:16,120 --> 00:39:19,960 Speaker 1: masks and which don't, and which parents show with masks 708 00:39:20,040 --> 00:39:23,000 Speaker 1: on which don't. So it's kind of hilarious, like some 709 00:39:23,040 --> 00:39:25,160 Speaker 1: of the kids, like the kids have to wear masks, 710 00:39:25,239 --> 00:39:27,920 Speaker 1: but it's kind of a it's interesting when they when 711 00:39:27,920 --> 00:39:29,440 Speaker 1: they pick their kids up. So it's not just on 712 00:39:29,480 --> 00:39:32,560 Speaker 1: the house floor, it's also in the playroom for children. 713 00:39:33,040 --> 00:39:38,040 Speaker 1: That's amazing. That is amazing. Yeah. Yeah, So basically, I 714 00:39:38,040 --> 00:39:39,839 Speaker 1: guess the thing is there's an incentive to show up 715 00:39:39,840 --> 00:39:42,680 Speaker 1: and vote to make it difficult for Kevin McCarthy and 716 00:39:42,719 --> 00:39:45,400 Speaker 1: obviously for Republicans to make it easier for Kevin McCarthy. 717 00:39:45,440 --> 00:39:47,880 Speaker 1: But you know, people are sick now because there's COVID, 718 00:39:48,200 --> 00:39:50,520 Speaker 1: but this was something that Republicans want to get rid of. 719 00:39:50,600 --> 00:39:52,960 Speaker 1: Proxy voting they're all kind of groaning about it at 720 00:39:53,000 --> 00:39:56,200 Speaker 1: the same time privately. And now the House floor is 721 00:39:56,200 --> 00:40:00,239 Speaker 1: a super spreader event. Wow, because you have to think 722 00:40:00,360 --> 00:40:05,680 Speaker 1: four hundreds something people like there has to be covid rationally. Uh, 723 00:40:05,719 --> 00:40:12,360 Speaker 1: that is completely crazy. So explain to me as we 724 00:40:12,560 --> 00:40:17,960 Speaker 1: are in this sort of post liberal congress, whatever this is, 725 00:40:18,160 --> 00:40:20,799 Speaker 1: it's just been Ghazis all the way down or there 726 00:40:20,800 --> 00:40:23,840 Speaker 1: are other plans here. Well, I think that this document 727 00:40:24,160 --> 00:40:27,560 Speaker 1: drama with Biden having classified documents as well and like 728 00:40:27,680 --> 00:40:31,839 Speaker 1: various locations, has become like a gift to the GOP. Yeah, 729 00:40:31,880 --> 00:40:34,560 Speaker 1: it seems like, yeah, they're going to tear this apart. 730 00:40:34,719 --> 00:40:36,640 Speaker 1: And I guess it's like, you know, a lot of 731 00:40:36,760 --> 00:40:39,200 Speaker 1: Democrats have spoken to have been like, oh god, they 732 00:40:39,200 --> 00:40:41,400 Speaker 1: should have known this, Like they should have been aware 733 00:40:41,440 --> 00:40:43,520 Speaker 1: that this would may have also been an issue that 734 00:40:43,560 --> 00:40:47,520 Speaker 1: Biden would happen as well, because apparently, like the document investigation, 735 00:40:47,960 --> 00:40:50,600 Speaker 1: they're very close to getting Trump on that. But I 736 00:40:50,680 --> 00:40:53,160 Speaker 1: think this sort of changes everything, right, And I mean, 737 00:40:53,200 --> 00:40:57,160 Speaker 1: I don't know Council investigate, you know, Biden. All I 738 00:40:57,200 --> 00:41:00,959 Speaker 1: know is that Republicans are going to have a field 739 00:41:01,000 --> 00:41:03,479 Speaker 1: day with this, and it seems to be getting worse. 740 00:41:03,520 --> 00:41:06,680 Speaker 1: Now there's a second location where there were documents. So again, 741 00:41:06,960 --> 00:41:09,319 Speaker 1: like I've seen the comparisons on CNN and The New 742 00:41:09,400 --> 00:41:12,080 Speaker 1: York Times about you know how this is nothing compared 743 00:41:12,120 --> 00:41:15,320 Speaker 1: to what Trump did. The problem is, it's not about 744 00:41:15,360 --> 00:41:21,080 Speaker 1: what happened, it's about how the Republicans can use it, right, 745 00:41:21,120 --> 00:41:24,719 Speaker 1: I mean a thousand percent a locked closet at the 746 00:41:24,800 --> 00:41:28,920 Speaker 1: pen Biden Center at the University of Pennsylvania is not 747 00:41:29,080 --> 00:41:32,960 Speaker 1: the same as tons and tons of documents in the 748 00:41:33,080 --> 00:41:36,920 Speaker 1: man Lago basement that that Trump wouldn't give up. He 749 00:41:37,000 --> 00:41:39,840 Speaker 1: kept saying he wouldn't give up. But it doesn't matter 750 00:41:39,920 --> 00:41:42,719 Speaker 1: if it can be on Fox News, right, Oh, yeah, 751 00:41:42,760 --> 00:41:45,000 Speaker 1: of course. And not even that. I mean, like the 752 00:41:45,040 --> 00:41:47,279 Speaker 1: whole idea of classified A big part of it was 753 00:41:47,320 --> 00:41:50,279 Speaker 1: the idea that like classified documents can't leave the White House, right, 754 00:41:50,320 --> 00:41:52,280 Speaker 1: But like, actually it shows that it's kind of common 755 00:41:52,320 --> 00:41:55,360 Speaker 1: for it to happen, right right, right, right, yeah, And 756 00:41:55,440 --> 00:41:59,040 Speaker 1: it undermines the investigation on some level. It totally does. 757 00:41:59,160 --> 00:42:02,839 Speaker 1: And apparently we're really close on Trump and it just 758 00:42:03,040 --> 00:42:06,319 Speaker 1: doesn't seem like that's a viable route. Then you have 759 00:42:06,400 --> 00:42:08,680 Speaker 1: to go out after the president as well. You know, 760 00:42:08,719 --> 00:42:10,759 Speaker 1: then there's questions of like, do you have a I 761 00:42:10,760 --> 00:42:14,279 Speaker 1: don't know, like a special prosecutor. Again, I expect you're 762 00:42:14,320 --> 00:42:16,759 Speaker 1: going to hear about it like it's Benghazi and then 763 00:42:16,840 --> 00:42:19,520 Speaker 1: Hunter Biden. Obviously that's going to be another one. But 764 00:42:19,600 --> 00:42:21,439 Speaker 1: that's what you do. I mean, like there's they can't 765 00:42:21,440 --> 00:42:23,960 Speaker 1: really pass anything because they won't pass in the Senate, right, 766 00:42:24,040 --> 00:42:30,680 Speaker 1: it's messaging and investigations and investigate the FBI and defund 767 00:42:30,719 --> 00:42:32,960 Speaker 1: the I r S and just like it's a lot 768 00:42:32,960 --> 00:42:35,520 Speaker 1: of messaging points. But I do think, like I stand 769 00:42:35,560 --> 00:42:38,319 Speaker 1: by the fact that the reason that Kevin McCarthy has 770 00:42:38,360 --> 00:42:42,319 Speaker 1: a majority right now is because of Republicans in New York. 771 00:42:42,680 --> 00:42:45,640 Speaker 1: And everyone says thank you Andrew Cuomo for that they're districting, 772 00:42:46,480 --> 00:42:51,280 Speaker 1: thank you Andrew Cuomo, and also thank you j Jacobs 773 00:42:51,320 --> 00:42:55,080 Speaker 1: who shows no interest in resigning, right and then also 774 00:42:55,640 --> 00:43:00,759 Speaker 1: Republicans in California. So these coastal Republicans, you know, are 775 00:43:00,760 --> 00:43:02,560 Speaker 1: the reason they have a majority, and they're kind of 776 00:43:02,600 --> 00:43:05,760 Speaker 1: the red herrings, and you know, I don't I would 777 00:43:05,760 --> 00:43:09,200 Speaker 1: think that the White House would be making serious outreach 778 00:43:09,239 --> 00:43:12,600 Speaker 1: to these people right now, right and trying to build 779 00:43:12,640 --> 00:43:15,480 Speaker 1: relationships with them. So they can pass, you know, stats 780 00:43:15,800 --> 00:43:18,440 Speaker 1: a budget at that ceiling, right, because those people are 781 00:43:18,440 --> 00:43:22,719 Speaker 1: going to lose their seats otherwise, right. And the exercises 782 00:43:22,760 --> 00:43:25,160 Speaker 1: from last week are not really that great. Although I 783 00:43:25,200 --> 00:43:28,319 Speaker 1: did hear when Matt Gates voted for Donald Trump for 784 00:43:28,360 --> 00:43:31,640 Speaker 1: speaker that a lot of the offices got calls, including 785 00:43:31,640 --> 00:43:34,120 Speaker 1: in some of those districts, saying please elect our dear 786 00:43:34,200 --> 00:43:38,520 Speaker 1: leader Donald Trump for speaker. So that was a So 787 00:43:38,640 --> 00:43:41,040 Speaker 1: let's just get back into this or a second. It 788 00:43:41,160 --> 00:43:44,200 Speaker 1: does sound like you think, and I think a lot 789 00:43:44,239 --> 00:43:47,040 Speaker 1: of people think this that that Donald Trump really does 790 00:43:47,280 --> 00:43:53,040 Speaker 1: think he's coming back a speaker or president as president. Yeah, 791 00:43:53,040 --> 00:43:55,440 Speaker 1: of course I do think so. I don't think this 792 00:43:55,520 --> 00:43:57,960 Speaker 1: is just an exercise. I think he really is running. 793 00:43:58,120 --> 00:44:01,719 Speaker 1: The quality of the campaign is to be decided. It 794 00:44:01,719 --> 00:44:04,839 Speaker 1: seems very low energy, and I mean, I guess they're 795 00:44:04,840 --> 00:44:07,120 Speaker 1: going to South Carolina to have an event, but it's 796 00:44:07,160 --> 00:44:10,279 Speaker 1: like an intimate event. It's not a rally, just very weird, 797 00:44:10,360 --> 00:44:13,319 Speaker 1: like that's what he was good at, it was the rally, right, Yeah, 798 00:44:13,560 --> 00:44:16,200 Speaker 1: I mean the idea of him choosing to have an 799 00:44:16,200 --> 00:44:19,640 Speaker 1: intimate event seems odd to me totally. And it's just 800 00:44:19,719 --> 00:44:22,400 Speaker 1: like you know, they're trying to show even even his 801 00:44:22,400 --> 00:44:24,560 Speaker 1: his launch, like the way that he came out and 802 00:44:24,600 --> 00:44:26,759 Speaker 1: said he was running in this What did he say, 803 00:44:26,800 --> 00:44:30,520 Speaker 1: want an elegant event at mar Lago? Again? Low energy, 804 00:44:30,600 --> 00:44:32,200 Speaker 1: Like that's not what he's about. I mean, if there's 805 00:44:32,200 --> 00:44:34,920 Speaker 1: anything to say about Trump, like he had these massive rallies, 806 00:44:35,080 --> 00:44:37,319 Speaker 1: got tons of people and they were entertaining. Maybe there's 807 00:44:37,360 --> 00:44:40,319 Speaker 1: fear that they can't fill stadiums anymore. Do you think 808 00:44:40,360 --> 00:44:44,040 Speaker 1: that's right? It's possible. There's also like it costs a 809 00:44:44,080 --> 00:44:45,839 Speaker 1: lot of money to throw rallies, and he doesn't really 810 00:44:45,920 --> 00:44:48,040 Speaker 1: have a lot of money right now. He's tapped his 811 00:44:48,560 --> 00:44:51,799 Speaker 1: high donor network, right and he's tapped probably his low 812 00:44:51,840 --> 00:44:55,040 Speaker 1: donor network as well, so there's probably questions about that. 813 00:44:55,360 --> 00:44:57,319 Speaker 1: And I don't know. I think the choice to go 814 00:44:57,360 --> 00:45:00,319 Speaker 1: to South Carolina is interesting, like he's bypassing New Hand, sure, 815 00:45:00,719 --> 00:45:03,560 Speaker 1: which obviously was a big win for him, But I mean, 816 00:45:03,560 --> 00:45:05,520 Speaker 1: I have to think it's either just expensive or they 817 00:45:05,560 --> 00:45:08,840 Speaker 1: don't know if they can get the crowd. Why else. 818 00:45:10,400 --> 00:45:12,799 Speaker 1: I mean, it's a long race, and he renounced so 819 00:45:12,840 --> 00:45:16,200 Speaker 1: early like they were going to be burning through money 820 00:45:16,280 --> 00:45:19,480 Speaker 1: before anyone even announces that they're challenging him. It was 821 00:45:19,560 --> 00:45:23,440 Speaker 1: really a mistake, yes, but he sort of forced himself 822 00:45:23,440 --> 00:45:25,160 Speaker 1: into that by saying that he was going to make 823 00:45:25,160 --> 00:45:27,400 Speaker 1: an announcement before the mid terms and when the mid 824 00:45:27,480 --> 00:45:29,719 Speaker 1: terms were really bad, showing he couldn't back out because 825 00:45:29,760 --> 00:45:31,680 Speaker 1: then it would make him look like he had been 826 00:45:31,719 --> 00:45:34,440 Speaker 1: defeated and that he was backing out because the mid 827 00:45:34,560 --> 00:45:37,000 Speaker 1: terms were a poor reflection on him. It was, you know, 828 00:45:37,040 --> 00:45:39,640 Speaker 1: he boxed himself in. Everyone close to him thought it 829 00:45:39,680 --> 00:45:41,560 Speaker 1: was a terrible idea for him to run, and they 830 00:45:41,600 --> 00:45:44,440 Speaker 1: knew this narrative was going to play out. So do 831 00:45:44,520 --> 00:45:47,960 Speaker 1: you think he keeps going now? Yeah, I know everybody 832 00:45:48,080 --> 00:45:50,520 Speaker 1: seems to think that Trump's not running. It's really funny, 833 00:45:50,600 --> 00:45:52,840 Speaker 1: like you're in DC and everyone's like, is he really running, 834 00:45:52,880 --> 00:45:55,880 Speaker 1: and it's like, yes, he's running. Well, how does everyone 835 00:45:55,920 --> 00:45:57,680 Speaker 1: think he's not running? I mean, I guess no one 836 00:45:57,719 --> 00:46:01,279 Speaker 1: else is running because he don't hear anything about him. Yeah. 837 00:46:01,760 --> 00:46:03,600 Speaker 1: I mean I also wonder to the fact that he's 838 00:46:03,640 --> 00:46:06,480 Speaker 1: not on Twitter anymore. He clearly doesn't have any sway 839 00:46:06,520 --> 00:46:08,600 Speaker 1: over the Republican Party the way he used to, or 840 00:46:08,600 --> 00:46:11,520 Speaker 1: at least, yeah, the base. I mean, if there's anything 841 00:46:11,560 --> 00:46:15,080 Speaker 1: to be taken away from that McCarthy voter rama, whatever 842 00:46:15,160 --> 00:46:17,360 Speaker 1: you want to call it. Trump does not have the 843 00:46:17,440 --> 00:46:20,160 Speaker 1: same sort of sway over the MAGA base. I mean, 844 00:46:20,160 --> 00:46:22,839 Speaker 1: he couldn't get them to vote for McCarthy. Yeah, that 845 00:46:22,920 --> 00:46:26,800 Speaker 1: was my sense, was that, And even like when Lauren 846 00:46:26,840 --> 00:46:30,719 Speaker 1: Boubert's like my favorite president. Yeah, they're not scared of 847 00:46:30,760 --> 00:46:33,279 Speaker 1: him anymore. Yeah, but he wouldn't put them on a 848 00:46:33,320 --> 00:46:35,600 Speaker 1: hit list anyway, because they're like popular in their own 849 00:46:35,680 --> 00:46:38,520 Speaker 1: right with his base. Yeah, except that like they used 850 00:46:38,560 --> 00:46:40,399 Speaker 1: to be. I mean, I'm not saying that he would 851 00:46:40,440 --> 00:46:41,920 Speaker 1: or he wouldn't put them on a hit list, but 852 00:46:41,960 --> 00:46:46,439 Speaker 1: they they used to be terrified of crossing him, Oh 853 00:46:46,480 --> 00:46:49,480 Speaker 1: for sure. Right, I think they're more maga than he 854 00:46:49,600 --> 00:46:53,120 Speaker 1: is now at this point, he's just not as relevant anymore. 855 00:46:53,520 --> 00:46:55,680 Speaker 1: But I guess he is for primary voters. Okay, I 856 00:46:55,760 --> 00:46:57,600 Speaker 1: take that back. He's very relevant for like a certain 857 00:46:57,640 --> 00:46:59,839 Speaker 1: sect of primary voters. I don't know. I just felt 858 00:46:59,840 --> 00:47:02,160 Speaker 1: like lost his juice. Maybe he didn't give it enough either, 859 00:47:02,320 --> 00:47:05,160 Speaker 1: Like maybe he just he wasn't willing to call them out, 860 00:47:05,200 --> 00:47:06,880 Speaker 1: single them out by name the way he did against 861 00:47:06,920 --> 00:47:09,919 Speaker 1: people who impeached him. Right, right, I think he knows 862 00:47:09,920 --> 00:47:13,279 Speaker 1: that his own base is skeptical of Kevin McCarthy. He 863 00:47:13,360 --> 00:47:16,719 Speaker 1: probably shouldn't have endorsed Kevin McCarthy. Frankly, right, That's what 864 00:47:16,800 --> 00:47:19,279 Speaker 1: I wonder too. I mean, that might be another one 865 00:47:19,320 --> 00:47:22,600 Speaker 1: where he's like he made a quick, gut political decision 866 00:47:22,680 --> 00:47:25,640 Speaker 1: and didn't realize that, hey, this might backfire. Do you 867 00:47:25,800 --> 00:47:31,120 Speaker 1: think that if Trump had endorsed like a Matt Gate 868 00:47:31,760 --> 00:47:34,120 Speaker 1: or tried to run for it himself, that he would 869 00:47:34,120 --> 00:47:35,880 Speaker 1: have won. I don't think he would have won himself, 870 00:47:35,880 --> 00:47:37,360 Speaker 1: and I don't think Matt Gates would have won, But 871 00:47:37,400 --> 00:47:40,200 Speaker 1: I think he could have picked anyone probably like mainstream, 872 00:47:40,239 --> 00:47:42,840 Speaker 1: that wasn't McCarthy, and they could have won. Maybe, like 873 00:47:42,920 --> 00:47:46,840 Speaker 1: maybe if he endorsed Jim Jordan's. Maybe now, I don't know, 874 00:47:46,880 --> 00:47:49,680 Speaker 1: because the moderates probably wouldn't wanted to vote for Jim Jordan's. 875 00:47:49,880 --> 00:47:51,560 Speaker 1: It would have been a test of his real power 876 00:47:51,800 --> 00:47:54,239 Speaker 1: if he endorsed Jim Jordan's. I think if he was like, 877 00:47:54,360 --> 00:47:56,799 Speaker 1: let's all get behind Steve Schalee, he tweeted that that 878 00:47:56,800 --> 00:48:00,480 Speaker 1: would have been done, deal right, right, But Steve Schools 879 00:48:00,719 --> 00:48:03,879 Speaker 1: was probably gonna win anymore. Yeah, Matt Gates I don't 880 00:48:03,920 --> 00:48:06,239 Speaker 1: think that. I don't think a Trump tweet saying let's 881 00:48:06,360 --> 00:48:08,759 Speaker 1: let's vote for Matt Gates would have done anything right. 882 00:48:09,040 --> 00:48:13,279 Speaker 1: But I wonder if a Trump tweet or truth excuse me, yes, 883 00:48:13,320 --> 00:48:16,120 Speaker 1: the truth, that's right. Got to call it a truth. 884 00:48:16,480 --> 00:48:20,319 Speaker 1: Can't call it a tweet? Yeah, God forbid, we call 885 00:48:20,400 --> 00:48:23,319 Speaker 1: it a tweet. I don't know. Could if Trump put 886 00:48:23,320 --> 00:48:27,640 Speaker 1: on an honest to goodness campaign for Jim Jordan's, would 887 00:48:27,680 --> 00:48:30,640 Speaker 1: he have one? I don't know. I just don't. I 888 00:48:30,680 --> 00:48:33,279 Speaker 1: also just know that like every time Trump called one 889 00:48:33,320 --> 00:48:35,880 Speaker 1: of these people like Matt Gates or Lauren Bober or 890 00:48:36,080 --> 00:48:38,840 Speaker 1: Andy BIG's, they'd be like, we want you for speaker, 891 00:48:38,840 --> 00:48:41,680 Speaker 1: and then he would stop. You know what I mean? Right, 892 00:48:42,480 --> 00:48:46,440 Speaker 1: He's like the second he's flattered, he's done. Right. He 893 00:48:46,560 --> 00:48:49,480 Speaker 1: just didn't have it in him to turn his followers 894 00:48:49,520 --> 00:48:53,840 Speaker 1: into enemies for Kevin McCarthy. Yeah, it makes sense, makes sense, 895 00:48:54,120 --> 00:49:00,320 Speaker 1: But this is just another miscalculation, another political miscalculation for Trump. 896 00:49:00,800 --> 00:49:05,319 Speaker 1: Terra Paul, Mary is so interesting. Thank you for coming on, 897 00:49:05,560 --> 00:49:08,719 Speaker 1: you have to come back, Thanks for having me. I'm 898 00:49:08,760 --> 00:49:12,000 Speaker 1: so happy to be on. Congrats on all your success. 899 00:49:13,239 --> 00:49:25,680 Speaker 1: Thank you friend. Molly Jung Fast Jesse Cannon, Marrek fucking Garland. 900 00:49:25,920 --> 00:49:28,000 Speaker 1: I just said that like he was gonna come on 901 00:49:28,040 --> 00:49:30,600 Speaker 1: and do this with us, But really it's just my 902 00:49:30,719 --> 00:49:35,600 Speaker 1: exasperation with this fucking guy. Democrats want to make sure 903 00:49:35,880 --> 00:49:38,319 Speaker 1: that Fox News is able to put together all the 904 00:49:38,400 --> 00:49:42,719 Speaker 1: false equivalences they can, so they are giving them all 905 00:49:42,760 --> 00:49:45,879 Speaker 1: the fuel they can and married Garland. I mean, think 906 00:49:45,880 --> 00:49:49,800 Speaker 1: about the you know, Mary Garland, who dragged his feet 907 00:49:49,840 --> 00:49:54,360 Speaker 1: on the Chinese bank account that Donald Trump had, is 908 00:49:54,400 --> 00:50:00,160 Speaker 1: now quickly jumping to investigate President Biden. So we are 909 00:50:00,200 --> 00:50:03,040 Speaker 1: it looks like some we're gonna we're looking down two 910 00:50:03,160 --> 00:50:07,920 Speaker 1: years of a sort of Benghazi meets white Water. They're 911 00:50:07,960 --> 00:50:11,080 Speaker 1: going to clinton them up. That's a good way to 912 00:50:11,120 --> 00:50:14,319 Speaker 1: put it. You can't help but notice how fast though 913 00:50:14,360 --> 00:50:17,400 Speaker 1: the Biden administration acted on this compared to that slow 914 00:50:17,480 --> 00:50:20,440 Speaker 1: walk a Mark Garland took to appoint a special counsel 915 00:50:20,520 --> 00:50:24,960 Speaker 1: for Mr. Trump. That's my how to take two. That's 916 00:50:25,000 --> 00:50:28,800 Speaker 1: it for this episode of Fast Politics. Tune in every Monday, 917 00:50:28,880 --> 00:50:31,960 Speaker 1: Wednesday and Friday to hear the best minds in politics 918 00:50:32,000 --> 00:50:35,080 Speaker 1: makes sense of all this chaos. If you enjoyed what 919 00:50:35,120 --> 00:50:37,759 Speaker 1: you've heard, please send it to a friend and keep 920 00:50:37,800 --> 00:50:40,920 Speaker 1: the conversation going. And again thanks for listening.