1 00:00:02,720 --> 00:00:07,240 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,039 --> 00:00:12,799 Speaker 2: The governor of Connecticut joins us right now, Governor, it's 3 00:00:12,840 --> 00:00:14,960 Speaker 2: so serious. I think I just really want to lean 4 00:00:15,000 --> 00:00:18,639 Speaker 2: on this, which is the future of your Democratic Party. 5 00:00:19,200 --> 00:00:21,840 Speaker 2: When you grew up and you grew up advantaged, there 6 00:00:21,920 --> 00:00:25,400 Speaker 2: was a Republican Long Island and Republican Connecticut and such. 7 00:00:25,840 --> 00:00:29,800 Speaker 2: Do the Democrats have the gift to give up their 8 00:00:29,920 --> 00:00:34,560 Speaker 2: majority because of a weakness of Democratic Party leadership? Could 9 00:00:34,600 --> 00:00:35,160 Speaker 2: that happen? 10 00:00:35,840 --> 00:00:36,959 Speaker 1: No? I don't think so. 11 00:00:37,520 --> 00:00:40,800 Speaker 3: I think there's some seasonality back and forth when it 12 00:00:40,800 --> 00:00:43,880 Speaker 3: comes to a politics. Obviously, Donald Trump had a big 13 00:00:43,920 --> 00:00:47,960 Speaker 3: win and he got his budget bill passed. I think 14 00:00:48,000 --> 00:00:50,560 Speaker 3: within a year you'll see the effects of that budget bill, 15 00:00:51,159 --> 00:00:54,120 Speaker 3: and you'll see a Democrat saying, you know, this is 16 00:00:54,160 --> 00:00:57,200 Speaker 3: really hammering work in families in the middle class, and 17 00:00:57,320 --> 00:00:59,800 Speaker 3: you'll see the political tides twist and turned. 18 00:01:00,440 --> 00:01:03,280 Speaker 2: New York City has turned upside down. I look in 19 00:01:03,320 --> 00:01:07,520 Speaker 2: the Connecticut Mirror CT Mirror conversation with you. You say 20 00:01:07,520 --> 00:01:10,039 Speaker 2: that mister Mumdonie ran a hell of a rasist folks 21 00:01:10,080 --> 00:01:14,040 Speaker 2: as the arch progressive running for mayor of New York 22 00:01:14,120 --> 00:01:18,800 Speaker 2: after a victory over Governor Cuomo and others. How should 23 00:01:18,880 --> 00:01:23,320 Speaker 2: centrist Democrats respond to a generational change? 24 00:01:23,800 --> 00:01:26,320 Speaker 3: Look, I think that he did run a bright campaign, 25 00:01:26,400 --> 00:01:28,679 Speaker 3: and we've got a lot to learn from, especially guys 26 00:01:28,720 --> 00:01:31,080 Speaker 3: my age, like what he did in terms of social media. 27 00:01:31,480 --> 00:01:32,840 Speaker 1: Young people hadn't voted for. 28 00:01:32,800 --> 00:01:35,559 Speaker 3: A long time, but they don't often vote in primaries, 29 00:01:35,560 --> 00:01:37,320 Speaker 3: and they often don't vote in the cities, and they 30 00:01:37,400 --> 00:01:40,520 Speaker 3: sure as had voted, So credit or credits do Look, 31 00:01:40,560 --> 00:01:43,319 Speaker 3: he and I have very different styles, but you know, 32 00:01:43,360 --> 00:01:45,800 Speaker 3: at the end of the day, I've got a universal 33 00:01:45,880 --> 00:01:49,840 Speaker 3: pre k, a down payment there, pre natal education, doing 34 00:01:49,880 --> 00:01:53,600 Speaker 3: everything we can to they get easier for people to 35 00:01:53,600 --> 00:01:56,160 Speaker 3: get ahead in life and make life a little more affordable. 36 00:01:56,240 --> 00:01:58,560 Speaker 1: So there we have a lot in common, but we 37 00:01:58,600 --> 00:01:59,520 Speaker 1: have different styles. 38 00:02:00,120 --> 00:02:00,520 Speaker 2: Governor. 39 00:02:01,440 --> 00:02:05,680 Speaker 4: President Trump obviously has a great skill at just you know, 40 00:02:05,720 --> 00:02:09,040 Speaker 4: commanding the narrative here and just kind of taking for 41 00:02:09,120 --> 00:02:11,400 Speaker 4: in terms of other folks, maybe taking a lot of 42 00:02:11,440 --> 00:02:14,239 Speaker 4: the oxygen out of the room. What are the Democrats 43 00:02:14,280 --> 00:02:17,240 Speaker 4: need to do from a messaging standpoint heading into the 44 00:02:17,240 --> 00:02:18,160 Speaker 4: midterm elections. 45 00:02:19,080 --> 00:02:25,280 Speaker 1: Look, he's got a very loud voice, sort of hurky 46 00:02:25,360 --> 00:02:29,120 Speaker 1: jerky every day it changes, but he dominates the landscape 47 00:02:29,320 --> 00:02:31,480 Speaker 1: very tough for you know, me as a governor. 48 00:02:31,520 --> 00:02:34,200 Speaker 3: When you just don't know what the budget's going to 49 00:02:34,280 --> 00:02:36,160 Speaker 3: be one day to the next, what the tariffs are 50 00:02:36,200 --> 00:02:38,639 Speaker 3: going to be, it's tough to invest and make long 51 00:02:38,760 --> 00:02:41,520 Speaker 3: term commitments there. I think the Democrats has just got 52 00:02:41,560 --> 00:02:43,960 Speaker 3: to be clear as day. We're fighting for the middle class. 53 00:02:44,000 --> 00:02:46,880 Speaker 3: We believe in them bottom up. We believe in this 54 00:02:46,919 --> 00:02:50,880 Speaker 3: state of Connecticut. We've had more new small business startups 55 00:02:50,880 --> 00:02:51,720 Speaker 3: than ever before. 56 00:02:52,200 --> 00:02:54,960 Speaker 1: Those are a lot of small businesses. 57 00:02:54,639 --> 00:02:57,560 Speaker 3: Starting up on Owaley Avenue, New Haven, and I think 58 00:02:57,600 --> 00:02:59,799 Speaker 3: that's how you grow wealth, and I think that's a 59 00:03:00,040 --> 00:03:02,040 Speaker 3: get our cities back to life, and I think that's 60 00:03:02,040 --> 00:03:03,680 Speaker 3: how you fight for working families in. 61 00:03:03,600 --> 00:03:04,320 Speaker 1: The middle class. 62 00:03:05,440 --> 00:03:11,240 Speaker 4: Governor, it seems like for both parties, perhaps the extreme 63 00:03:11,360 --> 00:03:14,119 Speaker 4: right the extreme left seems to be driving the politics 64 00:03:14,160 --> 00:03:17,680 Speaker 4: for each of those parties. Is there even a center 65 00:03:18,000 --> 00:03:20,600 Speaker 4: left for either party or both parties? 66 00:03:22,960 --> 00:03:23,960 Speaker 1: It's getting smaller. 67 00:03:24,919 --> 00:03:28,720 Speaker 3: Because I'm there and you're right, I think, you know, 68 00:03:28,800 --> 00:03:32,520 Speaker 3: after Donald Trump's election, the Republicans are a lot. 69 00:03:32,520 --> 00:03:33,840 Speaker 1: Less likely to want to talk to me. 70 00:03:33,919 --> 00:03:35,840 Speaker 3: You know, I always had a big table in an 71 00:03:35,880 --> 00:03:37,400 Speaker 3: open door and a lot of people look at me 72 00:03:37,400 --> 00:03:40,160 Speaker 3: and say that it looks a little like Republican and 73 00:03:40,200 --> 00:03:44,119 Speaker 3: the Democrats are sort of really fighting Trump every day, 74 00:03:44,160 --> 00:03:47,280 Speaker 3: and if you don't go after them on a daily basis, 75 00:03:47,280 --> 00:03:49,560 Speaker 3: you're sort of being weak in terms of your principles. 76 00:03:49,560 --> 00:03:52,120 Speaker 3: So you're right, the middle is getting very small and 77 00:03:52,160 --> 00:03:52,640 Speaker 3: that's not a. 78 00:03:52,560 --> 00:03:54,760 Speaker 2: Good thing for America. And that a lot whe us 79 00:03:54,760 --> 00:03:57,400 Speaker 2: from Connecticut. We continue. We welcome all of you across 80 00:03:57,440 --> 00:04:00,960 Speaker 2: the nation, and certainly in the Bloomberg eleven three area. 81 00:04:01,120 --> 00:04:05,600 Speaker 2: Here an interesting conversation of Republicans and Democrats. In the 82 00:04:05,640 --> 00:04:10,480 Speaker 2: summer of twenty twenty five, Governor Lamont Bloomberg wrote this 83 00:04:10,560 --> 00:04:15,200 Speaker 2: up on Paul Tudor Jones noted hedge fund dude exiting 84 00:04:15,240 --> 00:04:18,720 Speaker 2: to Palm Beach, Florida. There's a fear in the Tri 85 00:04:18,839 --> 00:04:22,040 Speaker 2: state area, and frankly, there's a fear in Boston and 86 00:04:22,240 --> 00:04:28,760 Speaker 2: Washington with adverse policy that migration will continue. How have 87 00:04:28,800 --> 00:04:33,160 Speaker 2: you tried to respond to fancy people in Greenwich? Is 88 00:04:33,200 --> 00:04:36,920 Speaker 2: a climb on their Hinckley picnic boat in a heads South, 89 00:04:37,160 --> 00:04:38,960 Speaker 2: How have you responded to that threat? 90 00:04:40,080 --> 00:04:44,279 Speaker 3: Tom? I think twofold one, we were raising taxes on 91 00:04:44,320 --> 00:04:47,080 Speaker 3: an every other year basis, going back at ten years 92 00:04:47,080 --> 00:04:47,600 Speaker 3: in this state. 93 00:04:47,760 --> 00:04:51,000 Speaker 1: That hasn't happened on my watch. We haven't raised tax rates. 94 00:04:51,400 --> 00:04:53,720 Speaker 3: I think that gives people some comfort that we're getting 95 00:04:53,760 --> 00:04:55,599 Speaker 3: our fiscal house in order and we're not going to 96 00:04:55,640 --> 00:05:00,640 Speaker 3: balance the budget by raising taxes. And also, jo people, look, 97 00:05:01,880 --> 00:05:04,080 Speaker 3: this is the state, the tower where. 98 00:05:03,920 --> 00:05:05,680 Speaker 1: You grow up. This is where your children or your 99 00:05:05,680 --> 00:05:08,440 Speaker 1: grandchildren are. You can watch them, you know, on zoom 100 00:05:08,480 --> 00:05:10,680 Speaker 1: from Palm Beach. You can be right here with them 101 00:05:10,680 --> 00:05:11,200 Speaker 1: every day. 102 00:05:11,360 --> 00:05:13,880 Speaker 3: And it's something to be said for making sure this 103 00:05:14,000 --> 00:05:15,800 Speaker 3: is a place where you can stay in the community 104 00:05:15,800 --> 00:05:17,680 Speaker 3: where you grew up and where your family is. 105 00:05:19,320 --> 00:05:23,080 Speaker 4: So governor, what's the what do you think the future 106 00:05:23,160 --> 00:05:25,560 Speaker 4: is of this Democratic Party here? How does the Democratic 107 00:05:25,600 --> 00:05:30,320 Speaker 4: Party regain some momentum, any momentum here, because it just 108 00:05:30,400 --> 00:05:34,919 Speaker 4: feels like it has absolutely zero momentum at this point. 109 00:05:35,440 --> 00:05:37,520 Speaker 1: I think you're already seeing it happen. 110 00:05:37,600 --> 00:05:42,080 Speaker 3: I think you know the Trump you know budget, it's 111 00:05:42,120 --> 00:05:44,680 Speaker 3: going to really impact middle class families. You're going to 112 00:05:44,720 --> 00:05:47,159 Speaker 3: see what it means in terms of folks getting thrown 113 00:05:47,240 --> 00:05:48,359 Speaker 3: off of healthcare. 114 00:05:48,560 --> 00:05:50,000 Speaker 1: You're going to see what it means in terms of 115 00:05:50,000 --> 00:05:50,520 Speaker 1: folks and. 116 00:05:50,480 --> 00:05:53,560 Speaker 3: Not getting the food benefits we had fifty million dollars 117 00:05:53,560 --> 00:05:56,560 Speaker 3: of cuts. Just the portal turned off three days ago 118 00:05:57,440 --> 00:05:59,360 Speaker 3: for after school programs. 119 00:05:59,720 --> 00:06:02,000 Speaker 1: I think this is going to impact middle class family. 120 00:06:02,200 --> 00:06:06,200 Speaker 1: So right now it's all beaches and gream and tax cuts. 121 00:06:06,200 --> 00:06:08,440 Speaker 1: But when do you see how this impacts your everyday life? 122 00:06:08,600 --> 00:06:10,680 Speaker 2: Governor one final question. We have to go back to 123 00:06:10,720 --> 00:06:13,880 Speaker 2: our discussion of a few days ago, heated debate within 124 00:06:13,920 --> 00:06:19,159 Speaker 2: Bloomberg surveillance and a huge nationwide response. Governor Lamont is 125 00:06:19,200 --> 00:06:23,159 Speaker 2: a traditionalist of old money in America. Do you go 126 00:06:23,320 --> 00:06:27,080 Speaker 2: for the cold main lobster roll or are you loyal 127 00:06:27,200 --> 00:06:29,920 Speaker 2: to the warm Connecticut lobster roll. 128 00:06:30,839 --> 00:06:33,279 Speaker 5: You mentioned the word Connecticut. That makes it easy for me. 129 00:06:34,800 --> 00:06:37,839 Speaker 5: But you know the lobsters are fleeing Maine too. They're 130 00:06:37,880 --> 00:06:40,520 Speaker 5: going north to Canada. So you got to watch out. 131 00:06:41,120 --> 00:06:42,160 Speaker 5: The times are turning. 132 00:06:42,240 --> 00:06:45,760 Speaker 2: We'll need a new post go ahead, well, we'll need 133 00:06:45,800 --> 00:06:48,159 Speaker 2: a new policy on that, governorment, we're out of time. 134 00:06:48,240 --> 00:06:50,480 Speaker 2: Thank you so much for joining us. I believe that 135 00:06:50,600 --> 00:06:53,720 Speaker 2: was a voice for the warm role that. 136 00:06:53,680 --> 00:07:00,360 Speaker 4: You were surely, I mean, you know exactly. 137 00:06:58,160 --> 00:07:00,839 Speaker 2: You take both of one of each us. Thank you 138 00:07:00,920 --> 00:07:05,000 Speaker 2: so much. Connecticut there and the future of his Democratic 139 00:07:05,320 --> 00:07:05,640 Speaker 2: Party