Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The governor of Connecticut joins us right now, Governor, it's
Speaker 2: so serious. I think I just really want to lean
Speaker 2: on this, which is the future of your Democratic Party.
Speaker 2: When you grew up and you grew up advantaged, there
Speaker 2: was a Republican Long Island and Republican Connecticut and such.
Speaker 2: Do the Democrats have the gift to give up their
Speaker 2: majority because of a weakness of Democratic Party leadership? Could
Speaker 2: that happen?
Speaker 1: No? I don't think so.
Speaker 3: I think there's some seasonality back and forth when it
Speaker 3: comes to a politics. Obviously, Donald Trump had a big
Speaker 3: win and he got his budget bill passed. I think
Speaker 3: within a year you'll see the effects of that budget bill,
Speaker 3: and you'll see a Democrat saying, you know, this is
Speaker 3: really hammering work in families in the middle class, and
Speaker 3: you'll see the political tides twist and turned.
Speaker 2: New York City has turned upside down. I look in
Speaker 2: the Connecticut Mirror CT Mirror conversation with you. You say
Speaker 2: that mister Mumdonie ran a hell of a rasist folks
Speaker 2: as the arch progressive running for mayor of New York
Speaker 2: after a victory over Governor Cuomo and others. How should
Speaker 2: centrist Democrats respond to a generational change?
Speaker 3: Look, I think that he did run a bright campaign,
Speaker 3: and we've got a lot to learn from, especially guys
Speaker 3: my age, like what he did in terms of social media.
Speaker 1: Young people hadn't voted for.
Speaker 3: A long time, but they don't often vote in primaries,
Speaker 3: and they often don't vote in the cities, and they
Speaker 3: sure as had voted, So credit or credits do Look,
Speaker 3: he and I have very different styles, but you know,
Speaker 3: at the end of the day, I've got a universal
Speaker 3: pre k, a down payment there, pre natal education, doing
Speaker 3: everything we can to they get easier for people to
Speaker 3: get ahead in life and make life a little more affordable.
Speaker 1: So there we have a lot in common, but we
Speaker 1: have different styles.
Speaker 2: Governor.
Speaker 4: President Trump obviously has a great skill at just you know,
Speaker 4: commanding the narrative here and just kind of taking for
Speaker 4: in terms of other folks, maybe taking a lot of
Speaker 4: the oxygen out of the room. What are the Democrats
Speaker 4: need to do from a messaging standpoint heading into the
Speaker 4: midterm elections.
Speaker 1: Look, he's got a very loud voice, sort of hurky
Speaker 1: jerky every day it changes, but he dominates the landscape
Speaker 1: very tough for you know, me as a governor.
Speaker 3: When you just don't know what the budget's going to
Speaker 3: be one day to the next, what the tariffs are
Speaker 3: going to be, it's tough to invest and make long
Speaker 3: term commitments there. I think the Democrats has just got
Speaker 3: to be clear as day. We're fighting for the middle class.
Speaker 3: We believe in them bottom up. We believe in this
Speaker 3: state of Connecticut. We've had more new small business startups
Speaker 3: than ever before.
Speaker 1: Those are a lot of small businesses.
Speaker 3: Starting up on Owaley Avenue, New Haven, and I think
Speaker 3: that's how you grow wealth, and I think that's a
Speaker 3: get our cities back to life, and I think that's
Speaker 3: how you fight for working families in.
Speaker 1: The middle class.
Speaker 4: Governor, it seems like for both parties, perhaps the extreme
Speaker 4: right the extreme left seems to be driving the politics
Speaker 4: for each of those parties. Is there even a center
Speaker 4: left for either party or both parties?
Speaker 1: It's getting smaller.
Speaker 3: Because I'm there and you're right, I think, you know,
Speaker 3: after Donald Trump's election, the Republicans are a lot.
Speaker 1: Less likely to want to talk to me.
Speaker 3: You know, I always had a big table in an
Speaker 3: open door and a lot of people look at me
Speaker 3: and say that it looks a little like Republican and
Speaker 3: the Democrats are sort of really fighting Trump every day,
Speaker 3: and if you don't go after them on a daily basis,
Speaker 3: you're sort of being weak in terms of your principles.
Speaker 3: So you're right, the middle is getting very small and
Speaker 3: that's not a.
Speaker 2: Good thing for America. And that a lot whe us
Speaker 2: from Connecticut. We continue. We welcome all of you across
Speaker 2: the nation, and certainly in the Bloomberg eleven three area.
Speaker 2: Here an interesting conversation of Republicans and Democrats. In the
Speaker 2: summer of twenty twenty five, Governor Lamont Bloomberg wrote this
Speaker 2: up on Paul Tudor Jones noted hedge fund dude exiting
Speaker 2: to Palm Beach, Florida. There's a fear in the Tri
Speaker 2: state area, and frankly, there's a fear in Boston and
Speaker 2: Washington with adverse policy that migration will continue. How have
Speaker 2: you tried to respond to fancy people in Greenwich? Is
Speaker 2: a climb on their Hinckley picnic boat in a heads South,
Speaker 2: How have you responded to that threat?
Speaker 3: Tom? I think twofold one, we were raising taxes on
Speaker 3: an every other year basis, going back at ten years
Speaker 3: in this state.
Speaker 1: That hasn't happened on my watch. We haven't raised tax rates.
Speaker 3: I think that gives people some comfort that we're getting
Speaker 3: our fiscal house in order and we're not going to
Speaker 3: balance the budget by raising taxes. And also, jo people, look,
Speaker 3: this is the state, the tower where.
Speaker 1: You grow up. This is where your children or your
Speaker 1: grandchildren are. You can watch them, you know, on zoom
Speaker 1: from Palm Beach. You can be right here with them
Speaker 1: every day.
Speaker 3: And it's something to be said for making sure this
Speaker 3: is a place where you can stay in the community
Speaker 3: where you grew up and where your family is.
Speaker 4: So governor, what's the what do you think the future
Speaker 4: is of this Democratic Party here? How does the Democratic
Speaker 4: Party regain some momentum, any momentum here, because it just
Speaker 4: feels like it has absolutely zero momentum at this point.
Speaker 1: I think you're already seeing it happen.
Speaker 3: I think you know the Trump you know budget, it's
Speaker 3: going to really impact middle class families. You're going to
Speaker 3: see what it means in terms of folks getting thrown
Speaker 3: off of healthcare.
Speaker 1: You're going to see what it means in terms of
Speaker 1: folks and.
Speaker 3: Not getting the food benefits we had fifty million dollars
Speaker 3: of cuts. Just the portal turned off three days ago
Speaker 3: for after school programs.
Speaker 1: I think this is going to impact middle class family.
Speaker 1: So right now it's all beaches and gream and tax cuts.
Speaker 1: But when do you see how this impacts your everyday life?
Speaker 2: Governor one final question. We have to go back to
Speaker 2: our discussion of a few days ago, heated debate within
Speaker 2: Bloomberg surveillance and a huge nationwide response. Governor Lamont is
Speaker 2: a traditionalist of old money in America. Do you go
Speaker 2: for the cold main lobster roll or are you loyal
Speaker 2: to the warm Connecticut lobster roll.
Speaker 5: You mentioned the word Connecticut. That makes it easy for me.
Speaker 5: But you know the lobsters are fleeing Maine too. They're
Speaker 5: going north to Canada. So you got to watch out.
Speaker 5: The times are turning.
Speaker 2: We'll need a new post go ahead, well, we'll need
Speaker 2: a new policy on that, governorment, we're out of time.
Speaker 2: Thank you so much for joining us. I believe that
Speaker 2: was a voice for the warm role that.
Speaker 4: You were surely, I mean, you know exactly.
Speaker 2: You take both of one of each us. Thank you
Speaker 2: so much. Connecticut there and the future of his Democratic
Speaker 2: Party