1 00:00:02,600 --> 00:00:06,440 Speaker 1: How do we reopen this economy? The latest on how 2 00:00:06,480 --> 00:00:09,600 Speaker 1: this pandemic is impacting farmers. What does this do? From 3 00:00:09,600 --> 00:00:14,520 Speaker 1: the United States relationship with China? Bloomberg Sound On, the Insiders, 4 00:00:14,640 --> 00:00:18,279 Speaker 1: the influencers, the insides. We're responding to this crisis and 5 00:00:18,360 --> 00:00:21,720 Speaker 1: manufacturers are stepping up like never before. You're looking at 6 00:00:21,720 --> 00:00:24,520 Speaker 1: Bebany Kennedy for different duct teams. How do we make 7 00:00:24,560 --> 00:00:27,920 Speaker 1: sure a pandemic of this scale never happens again? This 8 00:00:28,320 --> 00:00:33,559 Speaker 1: is Bloomberg Sound On with Kevin Surrelate on Bloomberg and 9 00:00:33,640 --> 00:00:37,000 Speaker 1: one oh five point seven f m H D Twoo 10 00:00:37,120 --> 00:00:40,280 Speaker 1: de Mayo new fallout on the US China front. We 11 00:00:40,360 --> 00:00:42,640 Speaker 1: check in with Fred Hawkberg what does it mean for trade? 12 00:00:43,000 --> 00:00:45,440 Speaker 1: What does it mean for trade? Plus spotlighting one of 13 00:00:45,440 --> 00:00:48,519 Speaker 1: the best best small businesses in Washington, d see that 14 00:00:48,560 --> 00:00:54,040 Speaker 1: helps veterans, dog Tag Bakery in Georgetown. And we also 15 00:00:54,120 --> 00:00:57,240 Speaker 1: hear from the twenty race with one of the most 16 00:00:57,520 --> 00:01:00,440 Speaker 1: insidery that's not even a word, one of the most 17 00:01:00,520 --> 00:01:03,480 Speaker 1: democratic insiders that we know, Adrian L. Rod. She's gonna 18 00:01:03,520 --> 00:01:06,720 Speaker 1: call in as well. Lots to get through Taco Tuesday, 19 00:01:06,840 --> 00:01:10,640 Speaker 1: Happy Sinco de Mayo joining me on the line to celebrate. 20 00:01:10,720 --> 00:01:14,520 Speaker 1: Sinco de Mayo is Fred Hackberg, former chairman of the 21 00:01:14,560 --> 00:01:20,200 Speaker 1: Export Import Bank in the Obama administration Democrat, and he's 22 00:01:20,240 --> 00:01:22,760 Speaker 1: a good friend of the program. He's author of the 23 00:01:22,760 --> 00:01:25,119 Speaker 1: new book that is getting a ton of buzz, especially 24 00:01:25,160 --> 00:01:28,160 Speaker 1: in in wake of of COVID nineteen. Trade is not 25 00:01:28,240 --> 00:01:31,160 Speaker 1: a four letter word. It came out before the pandemic, 26 00:01:31,200 --> 00:01:33,160 Speaker 1: but it is even I hate to say this, it's 27 00:01:33,200 --> 00:01:36,360 Speaker 1: more relevant now than ever because it's all about, uh, 28 00:01:36,840 --> 00:01:39,840 Speaker 1: how trade is going to be working in such an 29 00:01:39,840 --> 00:01:43,920 Speaker 1: interconnected world where the geopolitical tensions clearly, as we talked 30 00:01:43,920 --> 00:01:48,720 Speaker 1: about every day, have intensified between the world's two largest economies, 31 00:01:48,760 --> 00:01:51,800 Speaker 1: the US and China. And where does Europe and South America, 32 00:01:51,840 --> 00:01:54,240 Speaker 1: Latin America, where does that all fit into all of this? Fred, 33 00:01:54,720 --> 00:01:57,080 Speaker 1: First of all, when I was when I saw that 34 00:01:57,080 --> 00:02:00,000 Speaker 1: you were gonna be on today, I said, he Actually, 35 00:02:00,040 --> 00:02:02,760 Speaker 1: he talks about Cinco de Mayo and taco bowls in 36 00:02:02,800 --> 00:02:06,200 Speaker 1: his book, and so I wanted to ask you about 37 00:02:06,200 --> 00:02:08,960 Speaker 1: that first and foremost. You talk about food a lot 38 00:02:09,000 --> 00:02:10,799 Speaker 1: in your book, maybe that's why I liked it so much, 39 00:02:11,120 --> 00:02:15,320 Speaker 1: But tell me about the taco bowl and where it originates? Well, 40 00:02:15,400 --> 00:02:17,680 Speaker 1: actually and I had a taco ball for lunch today, 41 00:02:17,720 --> 00:02:21,680 Speaker 1: so I'm having one for dinner. Oh excellent. Well, I 42 00:02:21,680 --> 00:02:24,919 Speaker 1: mean the taco bowl, which you know Donald Trump um 43 00:02:25,120 --> 00:02:29,480 Speaker 1: three years or goodness four years ago, uh today made 44 00:02:29,480 --> 00:02:32,680 Speaker 1: a big deal about it and Trump grill. Uh. So 45 00:02:32,760 --> 00:02:34,440 Speaker 1: I did a little research and then you know, the 46 00:02:34,480 --> 00:02:37,560 Speaker 1: Taco bowl was actually been in a Disneyland, not in Mexico, 47 00:02:38,160 --> 00:02:39,720 Speaker 1: just like a lot of foods we think of as 48 00:02:39,800 --> 00:02:43,120 Speaker 1: foreign foods, and Frankie, not for trade and not for 49 00:02:43,440 --> 00:02:46,239 Speaker 1: Richie nafta, we wouldn't be able to enjoy the taco 50 00:02:46,320 --> 00:02:49,360 Speaker 1: bowl because the ingredients come from all over the world, 51 00:02:49,960 --> 00:02:52,440 Speaker 1: and as a result, we can enjoy a taco bowl 52 00:02:52,480 --> 00:02:55,280 Speaker 1: not just today on May five, but during the sixty 53 00:02:55,320 --> 00:02:57,920 Speaker 1: five days a year and all fifty things. I'm hungry 54 00:02:58,040 --> 00:03:00,600 Speaker 1: and I want nachos in Queso and all the whole, 55 00:03:00,919 --> 00:03:03,640 Speaker 1: the whole, the whole Enchilada for lack of a better 56 00:03:03,720 --> 00:03:07,520 Speaker 1: uh man, I'm not funny at all anyway. Okay, So 57 00:03:07,680 --> 00:03:10,520 Speaker 1: the big conversation as how do you think this is 58 00:03:10,560 --> 00:03:13,720 Speaker 1: going to to impact US China trade relations? Because the 59 00:03:13,760 --> 00:03:17,800 Speaker 1: President the other day once again raising the issue of tariffs. 60 00:03:17,880 --> 00:03:21,040 Speaker 1: I just literally got off of air on Bloomberg Television 61 00:03:21,040 --> 00:03:24,760 Speaker 1: with Senator Marshall Blackburn, a Republican from Tennessee. She's got 62 00:03:24,800 --> 00:03:29,680 Speaker 1: bipartisan legislation with Senator Menendez, Democrat from New Jersey, about 63 00:03:30,240 --> 00:03:34,160 Speaker 1: how that would rework the way that uh, the US 64 00:03:34,280 --> 00:03:39,040 Speaker 1: does pharmaceutical business with China, manufacturing jobs and the like. 65 00:03:39,680 --> 00:03:43,840 Speaker 1: I mean, this is really intensified trade relations with with China, 66 00:03:43,880 --> 00:03:47,640 Speaker 1: and they were rocky to begin with. No. Well, yes, 67 00:03:48,040 --> 00:03:50,840 Speaker 1: and Donald Trump, you know, we should take a firm 68 00:03:51,280 --> 00:03:54,960 Speaker 1: stance with China. That doesn't have to be One of 69 00:03:55,040 --> 00:03:59,560 Speaker 1: the heard about over the years is and then inthe 70 00:03:59,640 --> 00:04:03,280 Speaker 1: last five ten years we hear things like energy security, 71 00:04:03,800 --> 00:04:07,520 Speaker 1: food security, water security, and I think we're gonna be 72 00:04:07,520 --> 00:04:10,280 Speaker 1: talking much more about health security right now and make 73 00:04:10,320 --> 00:04:13,680 Speaker 1: sure that the health systems in the US and in 74 00:04:13,720 --> 00:04:17,919 Speaker 1: other countries have a sense of resilience that if you 75 00:04:18,000 --> 00:04:21,000 Speaker 1: have a shock like this, that there's always that we 76 00:04:21,040 --> 00:04:24,240 Speaker 1: can combat it and not feel at mercy of one 77 00:04:24,279 --> 00:04:26,560 Speaker 1: country a one region of the world. So I think 78 00:04:26,600 --> 00:04:29,240 Speaker 1: the trade is going to change and needs to change, 79 00:04:29,920 --> 00:04:33,240 Speaker 1: just like as I said, energy security, with more we 80 00:04:33,320 --> 00:04:36,800 Speaker 1: became more energy conscious in this country after the oil 81 00:04:36,839 --> 00:04:40,359 Speaker 1: shocks of the nineteen seventies, years and years before you 82 00:04:40,400 --> 00:04:43,320 Speaker 1: were born, Kevin, Well, in terms, I want to stick 83 00:04:43,400 --> 00:04:46,640 Speaker 1: with China because it's not just the United States and 84 00:04:46,680 --> 00:04:50,160 Speaker 1: what the US and Republicans and Democrats want to do 85 00:04:50,279 --> 00:04:55,440 Speaker 1: collectively with Beijing. It's how do you get our allies 86 00:04:55,520 --> 00:04:59,040 Speaker 1: on board with the U S foreign policy for China. 87 00:04:59,160 --> 00:05:01,479 Speaker 1: So what is some thing that you would like to 88 00:05:01,520 --> 00:05:04,719 Speaker 1: see reworked, not in terms of a trade agreement, but 89 00:05:04,760 --> 00:05:07,640 Speaker 1: in terms of a strategy that the US has with 90 00:05:07,720 --> 00:05:11,640 Speaker 1: Europe to to to work with or not or really 91 00:05:11,680 --> 00:05:14,800 Speaker 1: to get back on the same page in dealing with China. 92 00:05:14,880 --> 00:05:17,080 Speaker 1: Because we saw this, Fred, you know you, we've talked 93 00:05:17,080 --> 00:05:19,840 Speaker 1: about this before with five G. Look at German Chancellor 94 00:05:19,839 --> 00:05:22,240 Speaker 1: Angela Merkel and what she did with with five G 95 00:05:22,440 --> 00:05:24,320 Speaker 1: and the Chinese. So how do we get the Europeans 96 00:05:24,400 --> 00:05:29,320 Speaker 1: back on the same political playbook? Uh? I don't think 97 00:05:29,360 --> 00:05:32,440 Speaker 1: that's possible with this administration. This administration has made it 98 00:05:32,560 --> 00:05:37,080 Speaker 1: clear we don't value allies, we don't want to work 99 00:05:37,200 --> 00:05:39,600 Speaker 1: in concert, We rather go it alone. All right, Well, 100 00:05:39,640 --> 00:05:41,520 Speaker 1: let me let me ask a better question. Let me 101 00:05:41,520 --> 00:05:43,920 Speaker 1: ask you a better question. Let me ask a better question. Then, 102 00:05:43,920 --> 00:05:46,520 Speaker 1: because you worked in the Obama administration. Joe Biden now 103 00:05:46,680 --> 00:05:49,839 Speaker 1: likely the nominee for for the Democrats, Adrian L. Rods 104 00:05:49,839 --> 00:05:51,560 Speaker 1: coming up. We'll check in with her on all the 105 00:05:51,839 --> 00:05:55,080 Speaker 1: campaign front, But from a policy front, what is the 106 00:05:55,160 --> 00:05:58,920 Speaker 1: former vice president's China record? What? What what is his 107 00:05:59,200 --> 00:06:02,040 Speaker 1: his world view? Uh in terms of the U S 108 00:06:02,080 --> 00:06:04,799 Speaker 1: and China? And if we don't know where that is today, 109 00:06:05,160 --> 00:06:07,160 Speaker 1: what does he have to do to explain that to 110 00:06:07,240 --> 00:06:12,840 Speaker 1: the voters. Vice President Biden, who has been in a 111 00:06:12,920 --> 00:06:17,000 Speaker 1: public eye for goodness, not quite but you know, forty 112 00:06:17,080 --> 00:06:20,839 Speaker 1: fifty years and chair the Foreign Relations Committee, is clearly 113 00:06:21,000 --> 00:06:27,520 Speaker 1: understands that Americans success, successive American workers and our prosperity 114 00:06:28,440 --> 00:06:32,160 Speaker 1: depends on working with allies and with countries around the world. 115 00:06:32,520 --> 00:06:36,960 Speaker 1: So that part is clear, and whether it's a particular prescription, 116 00:06:37,040 --> 00:06:40,320 Speaker 1: but it's clear as Joe Biden and I know Joe 117 00:06:40,400 --> 00:06:43,760 Speaker 1: Biden clearly believes that working with other countries, working with 118 00:06:43,880 --> 00:06:46,720 Speaker 1: allies in the United Kingdom and the EU and Latin 119 00:06:46,760 --> 00:06:49,520 Speaker 1: America and in Asia is a way to its peace 120 00:06:49,560 --> 00:06:53,240 Speaker 1: and prosperity, and going to a trade war or a 121 00:06:53,360 --> 00:06:56,520 Speaker 1: care for is no way to get there, particularly when 122 00:06:56,680 --> 00:07:00,240 Speaker 1: our economy is weak. And consumers are already suffering right 123 00:07:00,279 --> 00:07:03,280 Speaker 1: now in this country. Okay, but but in Michigan. You 124 00:07:03,400 --> 00:07:09,040 Speaker 1: know this, in Michigan, Wisconsin, southwestern Pennsylvania, to a larger extent, Ohio, 125 00:07:09,800 --> 00:07:12,160 Speaker 1: and let's say Ohio goes red. Let's focus on Michigan 126 00:07:12,200 --> 00:07:15,120 Speaker 1: and Wisconsin. There's a lot of frustration that the United 127 00:07:15,120 --> 00:07:17,280 Speaker 1: States has with China. So in the minute or so 128 00:07:17,400 --> 00:07:19,560 Speaker 1: that we have left, what does what does the Vice 129 00:07:19,640 --> 00:07:22,600 Speaker 1: president have to do in order? Because it's one thing 130 00:07:22,720 --> 00:07:24,600 Speaker 1: to say, what does he have to do to say 131 00:07:24,680 --> 00:07:26,840 Speaker 1: what his vision is on China? I gotta be candid here. 132 00:07:27,120 --> 00:07:29,640 Speaker 1: I think a lot of voters don't know what a 133 00:07:29,800 --> 00:07:33,440 Speaker 1: President Biden would do in handling General Secretary of Shi 134 00:07:33,560 --> 00:07:39,160 Speaker 1: Jing Ping. Well, I'm not I'm not authorized to speak 135 00:07:39,200 --> 00:07:41,640 Speaker 1: to Vice President Biden on his China policy. I think 136 00:07:41,680 --> 00:07:44,160 Speaker 1: I should leave that to the candidate himself and his 137 00:07:44,320 --> 00:07:47,080 Speaker 1: campaign team. But what is clear is he knows we 138 00:07:47,160 --> 00:07:50,280 Speaker 1: need to engage with China just the way President Obama did. 139 00:07:50,600 --> 00:07:52,400 Speaker 1: We need to be firm with him. We need to 140 00:07:52,520 --> 00:07:55,720 Speaker 1: make sure that they follow the global rules and make 141 00:07:55,760 --> 00:07:58,480 Speaker 1: sure that the American workers get protected in the process. 142 00:07:58,840 --> 00:08:01,640 Speaker 1: But you know it's not it's not a sixty second 143 00:08:01,720 --> 00:08:03,440 Speaker 1: sound financial I'm going to be able to give you. 144 00:08:04,120 --> 00:08:07,280 Speaker 1: I appreciate the honesty. I appreciate the honesty. Where are 145 00:08:07,280 --> 00:08:11,240 Speaker 1: you having anything for Sinco de Mayer tonight? I hadnt 146 00:08:11,560 --> 00:08:15,000 Speaker 1: delicious taco bowl from my local Mexican restaurant. So what 147 00:08:15,080 --> 00:08:18,480 Speaker 1: are you having to night? Sushi? No tonight? I'm not 148 00:08:18,840 --> 00:08:21,680 Speaker 1: big and well we said we did Mexican to unch 149 00:08:21,760 --> 00:08:25,240 Speaker 1: from Taco Rico, a great local place in Miami Beach. Oh, 150 00:08:25,400 --> 00:08:28,400 Speaker 1: he's down in Miami Beach, Ladies and gentlemen. It must 151 00:08:28,440 --> 00:08:32,280 Speaker 1: be hard to be quarantine down in Miami Beach, is it? 152 00:08:32,520 --> 00:08:36,360 Speaker 1: Or how? How what they opened the beaches? Right? I 153 00:08:36,679 --> 00:08:38,559 Speaker 1: wouldn't know. I'm not going out to any beaches. And 154 00:08:40,520 --> 00:08:43,400 Speaker 1: you know, Fred, you're following the rules. You're following the rules, 155 00:08:43,440 --> 00:08:45,760 Speaker 1: all right. Don't thank you? Fred Hackburg, former chairman of 156 00:08:45,800 --> 00:08:49,440 Speaker 1: the Export Import Bank UH in the Obama administration, author 157 00:08:49,520 --> 00:08:52,480 Speaker 1: of the book Trade Is Not a Four letter Word. 158 00:08:53,120 --> 00:08:55,960 Speaker 1: Download The Bloomberg Sound on podcast on Apple iTunes, at 159 00:08:55,960 --> 00:08:59,040 Speaker 1: Bloomberg dot com, or by downloading the Bloomberg Sound or 160 00:08:59,240 --> 00:09:01,560 Speaker 1: the Bloomberg Big This app. You can also find us 161 00:09:01,920 --> 00:09:06,599 Speaker 1: on Radio dot com I Heart Radio Spotify and on 162 00:09:06,720 --> 00:09:09,959 Speaker 1: the Bloomberg Business app. My name is Kevin SURRELLI. Congressman 163 00:09:10,040 --> 00:09:14,200 Speaker 1: Josh Gotdheimer, Democrat from New Jersey calling and next also 164 00:09:14,280 --> 00:09:17,439 Speaker 1: a co chairman of the Problem Solvers Caucus. By partisanship, Folks, 165 00:09:17,840 --> 00:09:28,760 Speaker 1: you're listening to Bloomberg is Bloomberg Sound on with Kevin 166 00:09:28,840 --> 00:09:33,040 Speaker 1: Surreley on Bloomberg and one All five point seven f 167 00:09:33,200 --> 00:09:39,000 Speaker 1: M HD two. I'm Kevin Sirelli, Chief Washington correspondent for 168 00:09:39,080 --> 00:09:45,480 Speaker 1: Bloomberg Television and for Bloomberg Radio. We are awaiting Congressman 169 00:09:45,559 --> 00:09:49,160 Speaker 1: Josh Gotthheimer to get on the line, the Democrat from 170 00:09:49,240 --> 00:09:53,880 Speaker 1: New Jersey, one of the co chairs of of the 171 00:09:54,960 --> 00:09:58,720 Speaker 1: what's it called the Problem Solvers Caucus, the Problem Solvers Caucus, 172 00:09:58,800 --> 00:10:03,839 Speaker 1: which of course is the uh, the bipartisan group of 173 00:10:03,920 --> 00:10:07,440 Speaker 1: lawmakers in the House of Representatives that tries to form 174 00:10:07,559 --> 00:10:13,480 Speaker 1: some coalitions, some coalitions to get policy done. And especially folks, 175 00:10:13,520 --> 00:10:15,760 Speaker 1: when you when we talk about reopening the economy and 176 00:10:15,840 --> 00:10:20,120 Speaker 1: the President's task force, UH, the there there is bipartisanship 177 00:10:20,160 --> 00:10:23,120 Speaker 1: and it's not necessarily public, but it's behind the scenes 178 00:10:23,559 --> 00:10:26,079 Speaker 1: and it's all it's coloring all of the conversations with 179 00:10:26,600 --> 00:10:31,959 Speaker 1: the state's local local economies as they press their their 180 00:10:32,000 --> 00:10:34,480 Speaker 1: state capitals and whatnot. You know, before the show began, 181 00:10:34,559 --> 00:10:37,600 Speaker 1: I was speaking on Bloomberg Television with Senator Marsha Blackburn. 182 00:10:38,040 --> 00:10:41,000 Speaker 1: She's a Republican from from Tennessee, and she's got this 183 00:10:41,080 --> 00:10:45,240 Speaker 1: piece of legislation that Congressman Dan Crunshaw, Republican from Texas, 184 00:10:45,280 --> 00:10:47,800 Speaker 1: has introduced in the House, and other senators in the 185 00:10:47,880 --> 00:10:52,880 Speaker 1: Republican Party like Senator Tom Cotton, Martha McSally of h 186 00:10:53,480 --> 00:10:57,000 Speaker 1: and others. They've been pushing this issue, not issue, they've 187 00:10:57,040 --> 00:11:02,439 Speaker 1: been pushing this this subject of of uh of of 188 00:11:02,720 --> 00:11:06,959 Speaker 1: of of being able to to pressure China to repay somehow, 189 00:11:07,480 --> 00:11:10,400 Speaker 1: uh some some folks in the US and and to 190 00:11:10,559 --> 00:11:14,120 Speaker 1: rework manufacturing in terms of getting some of the drug 191 00:11:14,200 --> 00:11:18,040 Speaker 1: pharmaceutical companies here in the United States. Congressman Josh Goddheimer's 192 00:11:18,080 --> 00:11:20,520 Speaker 1: on the on the line now. I'm told, Congressman, thanks 193 00:11:20,559 --> 00:11:22,920 Speaker 1: so much for returning. Let me let me kick things off. 194 00:11:23,000 --> 00:11:25,280 Speaker 1: I mean, if you're one of the chairman of the 195 00:11:25,360 --> 00:11:28,240 Speaker 1: Problem Solvers Caucus. As we were we were talking in 196 00:11:28,320 --> 00:11:30,440 Speaker 1: the intro, what are you what are you in your 197 00:11:30,480 --> 00:11:34,439 Speaker 1: colleagues talking about in terms of China. Is there any bipartisanship. 198 00:11:34,440 --> 00:11:35,679 Speaker 1: I mean, a lot of folks want to know what 199 00:11:35,840 --> 00:11:38,719 Speaker 1: Beijing knew, when they knew it, and and where we 200 00:11:38,840 --> 00:11:41,320 Speaker 1: go from here for how the U. S. And China 201 00:11:41,559 --> 00:11:45,040 Speaker 1: relationship evolves. You know, a lot of our conversation, to 202 00:11:45,120 --> 00:11:47,120 Speaker 1: be honest with you, has been focused on right now 203 00:11:47,280 --> 00:11:49,640 Speaker 1: and going forward. There'll be plenty of time, I think 204 00:11:49,720 --> 00:11:51,520 Speaker 1: to go back and see how we got here and 205 00:11:51,600 --> 00:11:54,040 Speaker 1: what they knew when uh and how they were involved. 206 00:11:54,400 --> 00:11:58,079 Speaker 1: What we've been very focused on the supply chain regarding China. 207 00:11:58,679 --> 00:12:00,280 Speaker 1: What do we do in the United States. It's to 208 00:12:00,320 --> 00:12:04,040 Speaker 1: bolster our manufacturing to make sure that we're prepared if 209 00:12:04,080 --> 00:12:06,120 Speaker 1: we god forbid to get hit again in the fall 210 00:12:06,240 --> 00:12:09,000 Speaker 1: or the winter, or if there's another surge. Now, whether 211 00:12:09,120 --> 00:12:14,040 Speaker 1: it's protective gear or the ppe, whether that's ventilators, you know, pharmaceuticals. 212 00:12:14,520 --> 00:12:16,120 Speaker 1: What do we need to have in the United States 213 00:12:16,160 --> 00:12:18,040 Speaker 1: so we're prepared, so we're not so reliant on other 214 00:12:18,120 --> 00:12:20,880 Speaker 1: parts of the world if another crisis or pandemic were 215 00:12:20,920 --> 00:12:23,000 Speaker 1: to hit. We'll see. I want to take the conversation 216 00:12:23,120 --> 00:12:25,760 Speaker 1: right there. Congressman Josh Godheim or chairman the co chairman 217 00:12:25,800 --> 00:12:29,080 Speaker 1: of the Problem Solverings Caucus, the Problem Solvers Caucus released 218 00:12:29,080 --> 00:12:32,199 Speaker 1: a back to work checklist and and it really you know, 219 00:12:32,400 --> 00:12:34,720 Speaker 1: you know, I mean, what's on this checklist? And why 220 00:12:34,880 --> 00:12:37,800 Speaker 1: is it important that we followed this because you know, 221 00:12:37,960 --> 00:12:40,400 Speaker 1: on on the news it's always a love versus right, 222 00:12:40,480 --> 00:12:43,680 Speaker 1: love versus right. But but this is a really meaningful 223 00:12:43,800 --> 00:12:47,199 Speaker 1: checklist about what has to get done. And you and 224 00:12:47,360 --> 00:12:51,400 Speaker 1: the Republican co chair Tom Reid have have outlined this checklist. 225 00:12:51,440 --> 00:12:54,000 Speaker 1: So what's on it exactly? And by the way, the 226 00:12:54,080 --> 00:12:57,959 Speaker 1: Problem Solvers Democrats Republicans were on Zoom meetings three days 227 00:12:58,000 --> 00:13:01,120 Speaker 1: a week right now at least. Spoke to Traadure Secretary 228 00:13:01,200 --> 00:13:04,920 Speaker 1: Hank Paulson yesterday and Zoom and we had Larry Summers 229 00:13:05,080 --> 00:13:08,320 Speaker 1: with us last week and Jack lou former Tredary secretary, 230 00:13:08,480 --> 00:13:11,040 Speaker 1: so you might imagine part of the conversation really addresses 231 00:13:11,120 --> 00:13:15,080 Speaker 1: these topics. And our checklist is all about the questions 232 00:13:15,120 --> 00:13:17,079 Speaker 1: that I think many Americans have, I know, I do, 233 00:13:17,520 --> 00:13:19,040 Speaker 1: what are the things we need to have in place 234 00:13:19,120 --> 00:13:22,040 Speaker 1: to open properly, what's sort of the minimum we've got 235 00:13:22,120 --> 00:13:24,240 Speaker 1: to we've got to be prepared for. And of course 236 00:13:24,280 --> 00:13:26,959 Speaker 1: you see every state doing different things. But and and 237 00:13:27,080 --> 00:13:30,320 Speaker 1: we said up front there's regional differences, their sector differences, 238 00:13:30,559 --> 00:13:32,679 Speaker 1: but you've got to have testing. You've got to have 239 00:13:32,920 --> 00:13:35,040 Speaker 1: a supply chain as we're talking about, that has everything 240 00:13:35,120 --> 00:13:38,360 Speaker 1: prepared from those ventilators to pp we need. We just 241 00:13:38,400 --> 00:13:41,520 Speaker 1: start thinking about things like needles and syringes for the 242 00:13:41,640 --> 00:13:44,480 Speaker 1: vaccine we're ready. We're gonna need three million of those 243 00:13:44,559 --> 00:13:47,520 Speaker 1: that could take a year to produce. Uh so, uh, 244 00:13:47,720 --> 00:13:49,960 Speaker 1: you know, what are the cleaning mechanisms that you need? 245 00:13:50,080 --> 00:13:52,640 Speaker 1: What what are those standards that you're gonna need. You know, 246 00:13:53,280 --> 00:13:55,440 Speaker 1: think public spaces are going to be very different than 247 00:13:55,480 --> 00:13:57,880 Speaker 1: how we've approached them before. So you need to have 248 00:13:58,120 --> 00:14:00,839 Speaker 1: some basic, basic checklist for what you need to do. 249 00:14:01,320 --> 00:14:04,000 Speaker 1: And that's what we've laid out, and again purely bipartisan. 250 00:14:04,559 --> 00:14:06,880 Speaker 1: So I think in terms of one of the items 251 00:14:06,920 --> 00:14:09,719 Speaker 1: on the checklist and prepping for the show that I 252 00:14:09,880 --> 00:14:13,079 Speaker 1: was struck by is is the workplace. In terms of 253 00:14:13,200 --> 00:14:16,240 Speaker 1: how all I'm reading from the checklist, all workplaces open 254 00:14:16,320 --> 00:14:19,400 Speaker 1: for business will need to configure layouts and workspaces to 255 00:14:19,560 --> 00:14:23,640 Speaker 1: maintain required social distancing along with appropriate PPE resources. And 256 00:14:23,720 --> 00:14:26,240 Speaker 1: you go on to talk about that, I mean just anecdotally, 257 00:14:26,720 --> 00:14:28,400 Speaker 1: it's it's I mean, I don't want to say the 258 00:14:28,440 --> 00:14:31,440 Speaker 1: word crazy, but it's it's notable to use the neutral 259 00:14:31,520 --> 00:14:34,640 Speaker 1: word that even just two months ago. I mean, you 260 00:14:34,680 --> 00:14:37,720 Speaker 1: know when I walk into my local drug pharmacy and 261 00:14:37,840 --> 00:14:40,880 Speaker 1: there's the glass plates and whatnot, I mean, all of 262 00:14:40,960 --> 00:14:43,840 Speaker 1: that is part of this and it's that's what I 263 00:14:44,040 --> 00:14:46,160 Speaker 1: that when I talk about the problem solvers Caucus, folks, 264 00:14:46,560 --> 00:14:50,880 Speaker 1: it's those standards. That's where the bipartisanship really comes in. 265 00:14:50,960 --> 00:14:54,320 Speaker 1: As it not Congressman, it does. You know, we really 266 00:14:54,400 --> 00:14:56,800 Speaker 1: don't get into partisan food fights. We disagree, you know, 267 00:14:56,880 --> 00:14:59,760 Speaker 1: with Democrats, Republicans with different views, but we've spent a 268 00:14:59,840 --> 00:15:02,040 Speaker 1: lot on a time together, hours upon hours trying to 269 00:15:02,040 --> 00:15:04,320 Speaker 1: figure out where we can agree. And I'll tell you 270 00:15:04,440 --> 00:15:06,120 Speaker 1: and what you just said, which I think is spot on, 271 00:15:07,120 --> 00:15:09,840 Speaker 1: we need to think through because I'm sure you've on 272 00:15:09,960 --> 00:15:13,480 Speaker 1: your shows, I've heard business you know, people who run businesses. 273 00:15:13,600 --> 00:15:15,040 Speaker 1: What they said to me this morning. I spoke to 274 00:15:15,040 --> 00:15:17,280 Speaker 1: a bunch of our local businesses. What do I need 275 00:15:17,360 --> 00:15:18,840 Speaker 1: to have? And tell me what I need to have 276 00:15:18,920 --> 00:15:21,000 Speaker 1: in place? So I need to have masks and gloves, 277 00:15:21,120 --> 00:15:23,160 Speaker 1: I need to have more sanitizer, So I need have 278 00:15:23,280 --> 00:15:25,080 Speaker 1: PEXI glass, so I need to separate out by a 279 00:15:25,160 --> 00:15:28,200 Speaker 1: certain distance. How is it going to work practically so 280 00:15:28,320 --> 00:15:31,160 Speaker 1: that I can reopen, get our economy back open and moving, 281 00:15:31,160 --> 00:15:33,040 Speaker 1: which I know we're all focused on. There's the health 282 00:15:33,080 --> 00:15:35,520 Speaker 1: crisis and there's the economic crisis. So how do we 283 00:15:35,640 --> 00:15:38,440 Speaker 1: do that? And I think we owe it to businesses 284 00:15:38,480 --> 00:15:41,360 Speaker 1: of all sizes to give them that at least guidance 285 00:15:41,480 --> 00:15:43,200 Speaker 1: on what to be prepared for, so that when we're 286 00:15:43,240 --> 00:15:45,320 Speaker 1: ready in parts of the country like mine that are 287 00:15:45,640 --> 00:15:49,040 Speaker 1: obviously been so hit, HiT's so hard, that we get 288 00:15:49,160 --> 00:15:51,480 Speaker 1: them prepared and ready to open and they know what 289 00:15:51,640 --> 00:15:55,120 Speaker 1: they need to have in place and and in particular, 290 00:15:55,200 --> 00:15:57,200 Speaker 1: and so much of the conversation on Bloomberg today has 291 00:15:57,240 --> 00:15:59,800 Speaker 1: been about the next round of economic stimulus. What would 292 00:15:59,800 --> 00:16:03,000 Speaker 1: you like to see in the next round of economic stimulus? Well, 293 00:16:03,040 --> 00:16:05,480 Speaker 1: I was glad to see the President talk today and 294 00:16:05,600 --> 00:16:09,000 Speaker 1: I think it was a post interview about the infrastructure, 295 00:16:09,320 --> 00:16:11,240 Speaker 1: which I think is essential. You know, if you talk 296 00:16:11,240 --> 00:16:14,040 Speaker 1: about being able to borrow low right now and great jobs, 297 00:16:14,600 --> 00:16:17,160 Speaker 1: and and we're in New Jersey, we've got crumbling rows 298 00:16:17,200 --> 00:16:19,520 Speaker 1: and bridges and tunnels. Obviously, the Gateway project between New 299 00:16:19,560 --> 00:16:22,240 Speaker 1: York and New Jersey. You've got rural broadband issues that 300 00:16:22,280 --> 00:16:25,040 Speaker 1: are essential of water infrastructure. So that makes a lot 301 00:16:25,120 --> 00:16:26,920 Speaker 1: of sense to me. And it's where there's great by 302 00:16:26,960 --> 00:16:29,200 Speaker 1: partners support and it's good to see the President get 303 00:16:29,200 --> 00:16:32,080 Speaker 1: behind the Gateway tunnel today. And then I think salt 304 00:16:32,240 --> 00:16:35,400 Speaker 1: reinstating that deduction, to me, makes a lot of sense 305 00:16:35,480 --> 00:16:37,040 Speaker 1: that you look at what states has been hardest hit, 306 00:16:37,080 --> 00:16:39,280 Speaker 1: like New York and New Jersey, which have about half 307 00:16:39,320 --> 00:16:42,560 Speaker 1: the caseloads in the country. Let's let's actually get some 308 00:16:42,720 --> 00:16:46,240 Speaker 1: tax cuts to people through by reinstating the salt deduction. 309 00:16:46,400 --> 00:16:48,120 Speaker 1: Was just making you know, those I never believe in 310 00:16:48,160 --> 00:16:50,520 Speaker 1: double taxation. I thought it was crazy when they when 311 00:16:50,520 --> 00:16:53,040 Speaker 1: they took away the deduction. I think putting that back 312 00:16:53,120 --> 00:16:55,080 Speaker 1: in place that and they actually get putting some more 313 00:16:55,160 --> 00:16:58,040 Speaker 1: dollars in people's pockets to spend in our economies would 314 00:16:58,080 --> 00:17:00,280 Speaker 1: be a great move. And then of course, you know, 315 00:17:00,440 --> 00:17:01,960 Speaker 1: we've got to make sure we take care of our 316 00:17:02,000 --> 00:17:06,040 Speaker 1: state and local governments because the cops, the firefighters, the teachers. 317 00:17:06,280 --> 00:17:09,560 Speaker 1: You know, we've got Jersey a massive hole, and that's 318 00:17:09,680 --> 00:17:11,760 Speaker 1: at the local level, not just at the state level, 319 00:17:11,920 --> 00:17:14,520 Speaker 1: people not paying their property taxes. So so we've got 320 00:17:14,600 --> 00:17:16,520 Speaker 1: a lot to leave it there. You're gonna I wish 321 00:17:16,560 --> 00:17:19,800 Speaker 1: I had more time. Congressman Goddheimer, UH, Democrat from New Jersey, 322 00:17:19,840 --> 00:17:21,880 Speaker 1: stick around if you can more. Next, this is Bloomberg 323 00:17:21,960 --> 00:17:25,440 Speaker 1: nine and nine one. You're listening to Bloomberg Sound On 324 00:17:25,640 --> 00:17:29,680 Speaker 1: with Kevin Sireley on Bloomberg and one A five point 325 00:17:29,760 --> 00:17:36,280 Speaker 1: seven f m h D two. I'm Kevin Sireli, chief 326 00:17:36,320 --> 00:17:39,000 Speaker 1: Washington correspondent from Bloomberg TV and Radio. I'm thrilled now 327 00:17:39,119 --> 00:17:41,560 Speaker 1: to talk about one of my favorite places in Washington, 328 00:17:41,680 --> 00:17:44,560 Speaker 1: d C. Really, I've been going there for oh my gosh, 329 00:17:44,640 --> 00:17:47,040 Speaker 1: when I first moved to Washington eight years ago, and 330 00:17:47,160 --> 00:17:50,080 Speaker 1: it's it's one of the best bakeries in all of 331 00:17:50,119 --> 00:17:52,320 Speaker 1: Georgetown and all of the d m v UH, and 332 00:17:52,400 --> 00:17:57,000 Speaker 1: its mission is aligned with financial literacy and helping our veterans. 333 00:17:57,320 --> 00:18:01,680 Speaker 1: And Megan Ogilvie is on the line and as she 334 00:18:02,040 --> 00:18:05,399 Speaker 1: is the head of dog Tag Bakery, runs the place. Megan, 335 00:18:05,440 --> 00:18:08,800 Speaker 1: thank you so much, my friend for calling in. Hi. Kevin, 336 00:18:08,920 --> 00:18:10,480 Speaker 1: thanks so much. It's great to hear from you and 337 00:18:11,040 --> 00:18:13,040 Speaker 1: gay that we can't features in the bakery at this time. 338 00:18:13,200 --> 00:18:15,040 Speaker 1: I know it's one of and I feel like I'm 339 00:18:15,080 --> 00:18:17,439 Speaker 1: giving away all of my hiding spots in the past 340 00:18:17,560 --> 00:18:20,480 Speaker 1: couple of weeks because I got you know this, I 341 00:18:20,560 --> 00:18:24,240 Speaker 1: go to dog Tag all the time. Um, how has 342 00:18:24,320 --> 00:18:28,359 Speaker 1: the pandemic impacted dog Tag Bakery? You know, I think? Um, 343 00:18:28,520 --> 00:18:30,440 Speaker 1: And they've spoken to some of the other institutions of 344 00:18:30,560 --> 00:18:33,160 Speaker 1: d C, the businesses and the specific in the food 345 00:18:33,240 --> 00:18:37,120 Speaker 1: hospitality obviously, and this is changing kind of the approach 346 00:18:37,560 --> 00:18:40,000 Speaker 1: moving forward. And that's the kind of concern we're in 347 00:18:40,119 --> 00:18:42,960 Speaker 1: right now. I mean from I think it was starting 348 00:18:43,000 --> 00:18:45,800 Speaker 1: in March twelve is when we actually started reducing hours. 349 00:18:46,400 --> 00:18:48,960 Speaker 1: Then by the sixteens we had closed the cafe and 350 00:18:49,040 --> 00:18:51,879 Speaker 1: we're doing picked up only. Then by the twenty second 351 00:18:51,920 --> 00:18:54,760 Speaker 1: of March we've done online stores. By the starting, yes, 352 00:18:54,880 --> 00:18:57,040 Speaker 1: we had a fully shut down because of the stay 353 00:18:57,040 --> 00:18:59,000 Speaker 1: at home orders and the impact that was having on 354 00:18:59,119 --> 00:19:01,760 Speaker 1: our not only UM, on our community, but really our 355 00:19:02,040 --> 00:19:04,320 Speaker 1: team and our staff. So you know, over the last 356 00:19:04,440 --> 00:19:06,240 Speaker 1: you know, two months, and now going into this third 357 00:19:06,280 --> 00:19:08,320 Speaker 1: of looking at May, it's you know, we know we're 358 00:19:08,320 --> 00:19:09,959 Speaker 1: going to see a projective on us of over two 359 00:19:10,000 --> 00:19:12,720 Speaker 1: hundred plus thousand dollars of just revenue that we've lost, 360 00:19:13,240 --> 00:19:15,720 Speaker 1: which doesn't include any new business that was coming in 361 00:19:16,400 --> 00:19:18,159 Speaker 1: UM and just in general, that's you know, that's a 362 00:19:18,280 --> 00:19:21,600 Speaker 1: it's a pretty large deficit UM as a small business 363 00:19:21,640 --> 00:19:25,200 Speaker 1: and nonprofit UM. But obviously we're you know, our whole 364 00:19:25,280 --> 00:19:27,680 Speaker 1: program is that we we use our bakery as a 365 00:19:27,720 --> 00:19:30,720 Speaker 1: living business school to teach our veterans military spouse in 366 00:19:30,760 --> 00:19:33,680 Speaker 1: the military CAREGEVER is truly about what the resiliency and 367 00:19:33,760 --> 00:19:36,520 Speaker 1: perseverance it takes in running a small business. And you 368 00:19:36,560 --> 00:19:39,040 Speaker 1: know it is not now when would we be able 369 00:19:39,080 --> 00:19:41,359 Speaker 1: to show it best. So we although we set the 370 00:19:41,400 --> 00:19:45,120 Speaker 1: bakery doors, our program has remained virtual. So we're using 371 00:19:45,200 --> 00:19:48,160 Speaker 1: our professors from Georgetown School of Continuing Studies to continue 372 00:19:48,200 --> 00:19:52,240 Speaker 1: the coursework UM that focused on a certificate in Business Administration. 373 00:19:53,040 --> 00:19:55,479 Speaker 1: Our our team, to include all bakery staff members are 374 00:19:55,520 --> 00:19:59,000 Speaker 1: still participating fully in rotations from home UM and so 375 00:19:59,119 --> 00:20:01,320 Speaker 1: our fellows and law doing into those zoom accounts and 376 00:20:01,840 --> 00:20:04,399 Speaker 1: and connecting with staff and again going through kind of 377 00:20:04,440 --> 00:20:09,680 Speaker 1: the business case scenarios of everything from financing to UM development, 378 00:20:09,760 --> 00:20:13,040 Speaker 1: communications as well as just the bakery operations. And then 379 00:20:13,080 --> 00:20:15,040 Speaker 1: we have great partners that are still dialing into the 380 00:20:15,160 --> 00:20:18,080 Speaker 1: Zoom conferences to you know, tell their perspective as an 381 00:20:18,160 --> 00:20:21,160 Speaker 1: entrepreneur small business owner. So you know, what we see 382 00:20:21,280 --> 00:20:23,840 Speaker 1: right now is really you know, if not now, is 383 00:20:23,960 --> 00:20:26,359 Speaker 1: is one of the best times to really the catalysts 384 00:20:26,400 --> 00:20:29,200 Speaker 1: our program are really understanding, like finding direction and and 385 00:20:29,320 --> 00:20:32,040 Speaker 1: really becoming unstuck. And so we recognize the future is 386 00:20:32,720 --> 00:20:34,080 Speaker 1: is kind of up in the air, and what did 387 00:20:34,119 --> 00:20:36,040 Speaker 1: it look like for the future of work, employment and 388 00:20:36,119 --> 00:20:39,240 Speaker 1: small business and so our programs still you know, we're 389 00:20:39,440 --> 00:20:42,919 Speaker 1: we're getting feedback that our fellows are finding a purpose 390 00:20:42,960 --> 00:20:46,760 Speaker 1: in coming into class every day and connecting and again 391 00:20:46,880 --> 00:20:50,280 Speaker 1: finding hope. And just to explain a little bit, we've 392 00:20:50,320 --> 00:20:52,280 Speaker 1: got like two minutes left. Megan Ogilvy is on the line. 393 00:20:52,320 --> 00:20:55,679 Speaker 1: She's the CEO of dog Tag Bakery, which it partnered 394 00:20:55,680 --> 00:20:57,879 Speaker 1: with Georgetown University. What year were you guys founded in 395 00:20:58,960 --> 00:21:01,520 Speaker 1: We found it intoot out in fourteen by father Korean 396 00:21:01,640 --> 00:21:04,800 Speaker 1: and con and Connie Milstein. I mean, everyone knows how 397 00:21:05,200 --> 00:21:07,440 Speaker 1: impactful she is in the community and the late great 398 00:21:07,520 --> 00:21:10,600 Speaker 1: father Rick Curry as well. Um and so, but what 399 00:21:10,760 --> 00:21:13,760 Speaker 1: they do, folks, is they partner with veterans and their 400 00:21:13,840 --> 00:21:16,520 Speaker 1: families and they train them and educate them on how 401 00:21:16,560 --> 00:21:18,920 Speaker 1: to run a business and also how to open a 402 00:21:19,000 --> 00:21:21,520 Speaker 1: small business. I mean, and there's so many success stories. 403 00:21:21,520 --> 00:21:23,280 Speaker 1: I mean, I know, I get my hot sauce from 404 00:21:23,440 --> 00:21:26,360 Speaker 1: from from dog Tag Bakery and my honey from dog 405 00:21:26,440 --> 00:21:29,600 Speaker 1: Tag Bakery. And so I guess as you navigate this 406 00:21:29,800 --> 00:21:32,840 Speaker 1: through and this broader conversation and you're a perfect microcosm 407 00:21:32,920 --> 00:21:36,920 Speaker 1: and illustration of the how small businesses and how meaningful 408 00:21:37,040 --> 00:21:40,399 Speaker 1: businesses that are integrated into the community and being impactful 409 00:21:40,440 --> 00:21:43,520 Speaker 1: to make a difference. How are you drawing on your 410 00:21:43,600 --> 00:21:47,800 Speaker 1: mission uh to too and how is that inspiring you 411 00:21:48,440 --> 00:21:52,280 Speaker 1: megan uh to to lead over the short term for 412 00:21:52,359 --> 00:21:57,040 Speaker 1: when you do reopen your doors to come back. UM, 413 00:21:57,359 --> 00:21:59,159 Speaker 1: we have a mission. You know, we serve those who 414 00:21:59,280 --> 00:22:01,480 Speaker 1: serve for our country in our and our bakery is 415 00:22:01,480 --> 00:22:04,400 Speaker 1: also serving our community. So you know, we're we're seeing 416 00:22:04,480 --> 00:22:07,840 Speaker 1: the need and in that gives a purpose as an organization. 417 00:22:08,000 --> 00:22:10,000 Speaker 1: So what we're going to continue to do is find 418 00:22:10,040 --> 00:22:12,840 Speaker 1: different ways of serving our community from the bakery perspective, 419 00:22:13,280 --> 00:22:15,560 Speaker 1: UM and making sure that we're providing you know, the 420 00:22:15,640 --> 00:22:20,280 Speaker 1: same program with integrity and UM you know, UM quality 421 00:22:20,359 --> 00:22:23,080 Speaker 1: of education that ensures that they are leaving our program 422 00:22:23,640 --> 00:22:25,720 Speaker 1: UM with you know, a rock stack full of tools, 423 00:22:25,800 --> 00:22:28,199 Speaker 1: knowledge and the community that's gon support them as they 424 00:22:28,280 --> 00:22:30,760 Speaker 1: move on and move forward. So we we you know, 425 00:22:30,880 --> 00:22:33,679 Speaker 1: we are only about resilience and perseverance at our organization 426 00:22:34,240 --> 00:22:36,600 Speaker 1: UM and we're going to continue again. We're inspired by 427 00:22:36,640 --> 00:22:39,680 Speaker 1: those that we serve. Thangan, We're gonna leave it there. 428 00:22:39,760 --> 00:22:42,560 Speaker 1: That's perfect. My friend Megan ugle V, CEO of dog Tag, 429 00:22:43,040 --> 00:22:45,840 Speaker 1: That's where Obama and Biden went for coffee the other 430 00:22:46,280 --> 00:22:48,679 Speaker 1: the other month. Thank you, Megan. Much more coming up 431 00:22:48,760 --> 00:22:59,040 Speaker 1: next time, Kevin Sarelli, you're listening to Bloomberg. This is 432 00:22:59,160 --> 00:23:04,439 Speaker 1: Bloomberg's sound on with Kevin Surreley on Bloomberg and one 433 00:23:04,480 --> 00:23:07,280 Speaker 1: oh five point seven f M h D two. It's 434 00:23:07,280 --> 00:23:13,520 Speaker 1: not even Westday. Kevin Cirelli is mercury and retro grade. 435 00:23:13,520 --> 00:23:16,639 Speaker 1: I'm Kevin Cirelli, Chief Washington correspondent for Bloomberg Television of 436 00:23:16,680 --> 00:23:20,280 Speaker 1: Bloomberg Radio. I feel like whenever the weather's overcast, the 437 00:23:20,440 --> 00:23:23,440 Speaker 1: pandemic days are just that much harder to get through. 438 00:23:23,520 --> 00:23:26,080 Speaker 1: Am I the only one who feels that way? Washington, 439 00:23:26,200 --> 00:23:30,040 Speaker 1: d C. Just like the worst weather, the worst weather. 440 00:23:30,119 --> 00:23:31,920 Speaker 1: I have friends in Arizona. When I was talking with 441 00:23:32,000 --> 00:23:34,639 Speaker 1: them earlier today, that's like ninety degrees. They're they're all 442 00:23:34,680 --> 00:23:37,680 Speaker 1: working on their tan. You know, they're getting they're getting 443 00:23:37,680 --> 00:23:41,280 Speaker 1: the vitamin D. Not here in Washington, Nope, just you know, 444 00:23:41,520 --> 00:23:45,360 Speaker 1: freezing cold. Uh. Joining me on the line, I are 445 00:23:45,480 --> 00:23:47,680 Speaker 1: are two friends of the program. Uh. And I'm so 446 00:23:47,840 --> 00:23:50,959 Speaker 1: sorry to these folks that our time was cut short. Uh. 447 00:23:51,080 --> 00:23:54,680 Speaker 1: Adrian L. Rod democratic strategist, former director of strategic communications 448 00:23:54,760 --> 00:23:59,040 Speaker 1: for the Hillary Clinton presidential campaign, and Doug High, Senior 449 00:23:59,119 --> 00:24:01,719 Speaker 1: vice president of Meeting at Craft Media and Digital. He's 450 00:24:01,760 --> 00:24:04,800 Speaker 1: the former deputy chief of staff to Eric Canner. Adrian, 451 00:24:04,920 --> 00:24:09,040 Speaker 1: is it's sunny wherever you are. You know, I gotta 452 00:24:09,080 --> 00:24:11,720 Speaker 1: tell you, Kevin, it is gorgeous here in Arkansas where 453 00:24:11,760 --> 00:24:15,040 Speaker 1: I am, it's a beautiful day. Um. There's a lot 454 00:24:15,080 --> 00:24:18,400 Speaker 1: of space to do stuff down here. And um, I'm 455 00:24:18,520 --> 00:24:21,080 Speaker 1: I'm I think I'm a great spot. I can imagine, frankly, 456 00:24:21,119 --> 00:24:24,600 Speaker 1: a better spot to be during this pandemic. Doug, you're 457 00:24:24,640 --> 00:24:28,159 Speaker 1: in DC. It's miserable outside. Yeah, but you know, we 458 00:24:28,240 --> 00:24:31,760 Speaker 1: had a great weekend. So yeah, steps on Saturday, it 459 00:24:31,840 --> 00:24:34,240 Speaker 1: was so nice. Good for you, Good for you, you know, 460 00:24:34,320 --> 00:24:36,040 Speaker 1: I'm just as soon as I get all fair, I'm 461 00:24:36,080 --> 00:24:40,040 Speaker 1: going to turn on the Michael Jordan documentary and unplugged. Uh, 462 00:24:40,280 --> 00:24:43,120 Speaker 1: tell me something I don't know, Adrian el Rod. There's 463 00:24:43,119 --> 00:24:45,680 Speaker 1: been so much talk about Joe Biden and how the 464 00:24:46,200 --> 00:24:48,800 Speaker 1: status of the race. I asked Fred Hawkburg at the 465 00:24:48,800 --> 00:24:50,399 Speaker 1: start of the show, something I want to ask you. 466 00:24:51,040 --> 00:24:54,560 Speaker 1: As Biden outlines his worldview and his he's he he's 467 00:24:54,600 --> 00:24:57,159 Speaker 1: been in public life forty plus years, but what is 468 00:24:57,240 --> 00:24:58,800 Speaker 1: what is the big question mark that he has to 469 00:24:58,840 --> 00:25:02,040 Speaker 1: answer for? How he would navigate the United States on 470 00:25:02,119 --> 00:25:05,840 Speaker 1: a world stage, especially given what China has been doing 471 00:25:05,920 --> 00:25:11,000 Speaker 1: with COVID nineteams. Well, I mean, look, first of all, 472 00:25:11,119 --> 00:25:14,119 Speaker 1: I just I think Joe Biden has handled this entire 473 00:25:14,720 --> 00:25:18,199 Speaker 1: coronavirus crisis whatever we want to call this pandemic crisis, 474 00:25:18,359 --> 00:25:20,800 Speaker 1: very effectively so far. You know, He's not going out 475 00:25:20,840 --> 00:25:23,720 Speaker 1: there and trying to be the counter to Donald Trump 476 00:25:23,800 --> 00:25:25,920 Speaker 1: every day. He's letting Andrew Cuomo and some of the 477 00:25:25,960 --> 00:25:29,959 Speaker 1: other governors who actually have an authoritative roles right now 478 00:25:30,119 --> 00:25:32,720 Speaker 1: and who are elected officials with you know, who are 479 00:25:32,800 --> 00:25:35,600 Speaker 1: managing part of this pandemic in their states. He's letting 480 00:25:35,640 --> 00:25:37,440 Speaker 1: them take the you know, take the lead on that, 481 00:25:37,600 --> 00:25:40,040 Speaker 1: which is really smart for him. And of course he's 482 00:25:40,119 --> 00:25:42,760 Speaker 1: using this campaign or this time to build his campaign 483 00:25:43,080 --> 00:25:46,000 Speaker 1: for the summer going into the fall. Doug knows this 484 00:25:46,240 --> 00:25:48,960 Speaker 1: very well. This is a time may of the on year, 485 00:25:49,080 --> 00:25:51,920 Speaker 1: we call it during the election year, where you really 486 00:25:51,960 --> 00:25:55,200 Speaker 1: take the time to build up your operation. Right now. UM, 487 00:25:55,359 --> 00:25:59,600 Speaker 1: I certainly uh don't envy gen O'Malley Dylan the campaign 488 00:25:59,640 --> 00:26:01,040 Speaker 1: manage or he is one of the best in the 489 00:26:01,119 --> 00:26:03,359 Speaker 1: business for having to figure out how to build a 490 00:26:03,400 --> 00:26:06,159 Speaker 1: campaign virtually, but he's taken the time to do that. 491 00:26:06,359 --> 00:26:08,920 Speaker 1: Now he's doing a lot of fundraisers and you know, 492 00:26:09,080 --> 00:26:13,280 Speaker 1: again we are watching Donald Trump. Trump's numbers just think 493 00:26:13,480 --> 00:26:16,560 Speaker 1: because of the way he's mishandled this pandemic, especially in 494 00:26:16,640 --> 00:26:19,199 Speaker 1: some key states which he which Trump needs to win 495 00:26:19,280 --> 00:26:23,000 Speaker 1: in order to get reelected in UM Normally campaigns have 496 00:26:23,119 --> 00:26:25,800 Speaker 1: to spend millions and millions of dollars to think their 497 00:26:25,840 --> 00:26:28,760 Speaker 1: opponent the way that Trump has sunk himself. But he's 498 00:26:28,800 --> 00:26:31,560 Speaker 1: doing this on his own accord. So I think Joe 499 00:26:31,600 --> 00:26:34,520 Speaker 1: Biden is doing the right thing by by staying back 500 00:26:34,640 --> 00:26:38,480 Speaker 1: and doing the occasional interview. UM. And most importantly putting 501 00:26:38,520 --> 00:26:41,480 Speaker 1: out paper on how he would handle this. But I 502 00:26:41,520 --> 00:26:43,320 Speaker 1: don't think he needs to get in the way of this. 503 00:26:43,800 --> 00:26:47,159 Speaker 1: We've obviously got the president whose hand is mishandling this, 504 00:26:47,320 --> 00:26:50,200 Speaker 1: and then we've got the governors who are really rising 505 00:26:50,240 --> 00:26:52,720 Speaker 1: to the occasion. And I think at this point the 506 00:26:52,760 --> 00:26:55,000 Speaker 1: system is working how it should in terms of the campaign. 507 00:26:55,320 --> 00:26:58,560 Speaker 1: So come in there, pick it up off. YEA, Look, 508 00:26:58,800 --> 00:27:00,680 Speaker 1: you know Donald Trump thing, it's a lot, but the 509 00:27:00,760 --> 00:27:03,360 Speaker 1: reality is that you know, he was the least popular 510 00:27:03,440 --> 00:27:06,320 Speaker 1: person to ever run for president and he wonts um 511 00:27:06,400 --> 00:27:09,040 Speaker 1: and so do I know Adrian doesn't assume that he's 512 00:27:09,040 --> 00:27:11,760 Speaker 1: definitely going to lose, but a lot of people do. UM. 513 00:27:11,960 --> 00:27:15,640 Speaker 1: And you know, he has a very low ceiling um. 514 00:27:15,960 --> 00:27:18,520 Speaker 1: But but he also has a very loyal basis supporters 515 00:27:18,520 --> 00:27:20,320 Speaker 1: who are going to turn out. I think the challenge 516 00:27:20,359 --> 00:27:22,600 Speaker 1: for Trump uh, and to some extent, the challenge for 517 00:27:22,680 --> 00:27:25,520 Speaker 1: Biden is um, not so much in looking back, but 518 00:27:25,680 --> 00:27:27,600 Speaker 1: looking forward. What are you going to do to get 519 00:27:27,680 --> 00:27:29,760 Speaker 1: us out of this? Um? And So, if you're the 520 00:27:29,800 --> 00:27:33,119 Speaker 1: president and you're touring a mass factory, one wear a mask, 521 00:27:33,640 --> 00:27:36,240 Speaker 1: but two, let's let's hear what your vision is. Yeah, 522 00:27:36,280 --> 00:27:38,800 Speaker 1: I was. I was disturbed this week to read that 523 00:27:38,920 --> 00:27:43,040 Speaker 1: the Association of Equipment Manufacturers in their survey had seven 524 00:27:43,080 --> 00:27:46,040 Speaker 1: out of ten executives saying that they've been negatively impacted 525 00:27:46,080 --> 00:27:48,600 Speaker 1: by it, and four out of ten saying that they 526 00:27:48,640 --> 00:27:50,959 Speaker 1: expect this to get worse. Well, if you're the president 527 00:27:51,080 --> 00:27:53,320 Speaker 1: or you're running for president, you've got to address that. 528 00:27:53,520 --> 00:27:55,679 Speaker 1: You've got to address to parents, what are you going 529 00:27:55,720 --> 00:27:58,880 Speaker 1: to do about childcare so that when businesses open back up, 530 00:27:59,440 --> 00:28:01,359 Speaker 1: they can't just magically go back to work, they have 531 00:28:01,400 --> 00:28:03,080 Speaker 1: a place to put their kids. There are a lot 532 00:28:03,160 --> 00:28:07,440 Speaker 1: of issues here that aren't just about testing and respirators 533 00:28:07,520 --> 00:28:09,680 Speaker 1: and so forth. It's about really trying to rebuild the 534 00:28:09,720 --> 00:28:12,680 Speaker 1: country right now. And and this is something that Trump 535 00:28:12,760 --> 00:28:14,760 Speaker 1: and Biden both have to address. You know, I would 536 00:28:14,840 --> 00:28:16,679 Speaker 1: I would agree with that. And in terms of I mean, 537 00:28:16,840 --> 00:28:19,000 Speaker 1: that's been, as you guys know, something that we've been 538 00:28:19,040 --> 00:28:22,520 Speaker 1: talking about just daily, and because it is increasingly adrian 539 00:28:22,680 --> 00:28:25,280 Speaker 1: and to move it away from the presidential politics, this 540 00:28:25,560 --> 00:28:28,479 Speaker 1: is a local economy issue no matter where you are 541 00:28:28,560 --> 00:28:31,440 Speaker 1: in the country. You know, as as we all come 542 00:28:31,480 --> 00:28:34,199 Speaker 1: out of this or as we all reopen, I mean, 543 00:28:34,320 --> 00:28:37,720 Speaker 1: this is such a local, local issue. How is it playing. 544 00:28:37,760 --> 00:28:40,200 Speaker 1: I mean, let me put on put on your your 545 00:28:40,280 --> 00:28:42,280 Speaker 1: Arkansas hat for for a second, not that you ever 546 00:28:42,400 --> 00:28:45,480 Speaker 1: don't wear your Arkansas hat, but tell me about how 547 00:28:45,640 --> 00:28:49,800 Speaker 1: Arkansas has been handling this. Well, you know, it's interesting 548 00:28:50,040 --> 00:28:52,400 Speaker 1: governor had had to send he is a Republican that 549 00:28:52,480 --> 00:28:55,320 Speaker 1: a pretty um you know moderate their Republicans to a 550 00:28:55,360 --> 00:28:58,160 Speaker 1: lot of the Democrats down here in Arkansas like him. Um, 551 00:28:58,480 --> 00:29:01,200 Speaker 1: he has allowed some businesses to stay up in the 552 00:29:01,440 --> 00:29:03,480 Speaker 1: entire time we were I think Arkansas was one of 553 00:29:03,600 --> 00:29:06,640 Speaker 1: five states that never had a full on shelter in 554 00:29:06,720 --> 00:29:09,600 Speaker 1: place mandate, which at the beginning received a little bit 555 00:29:09,600 --> 00:29:13,880 Speaker 1: of criticism that frankly, the curve has remained relatively steady, 556 00:29:14,000 --> 00:29:16,760 Speaker 1: or I should stay even like at this point, relatively slat, 557 00:29:16,800 --> 00:29:19,160 Speaker 1: I think about you know, unfortunately, I think about fifty 558 00:29:19,200 --> 00:29:21,400 Speaker 1: eight to sixty people have passed away in Arkansas due 559 00:29:21,440 --> 00:29:25,000 Speaker 1: to coronavirus. But that is still significantly lower, of course 560 00:29:25,080 --> 00:29:28,600 Speaker 1: than the national average. So most businesses, well not in 561 00:29:28,640 --> 00:29:30,600 Speaker 1: most of itsiness. I shouldn't say that, but like you know, 562 00:29:31,520 --> 00:29:36,680 Speaker 1: Walmart and Target and pet Co and um, you know, 563 00:29:37,040 --> 00:29:40,240 Speaker 1: restaurants like that, stores like that have stayed open. Small 564 00:29:40,320 --> 00:29:43,600 Speaker 1: mom and pop stores that um, you know, provide you 565 00:29:43,640 --> 00:29:46,200 Speaker 1: know or maybe you know like a delicatest. And for example, 566 00:29:46,560 --> 00:29:48,480 Speaker 1: those places have stayed open to just go in and 567 00:29:48,560 --> 00:29:50,840 Speaker 1: either get take out or you know, pull up to 568 00:29:50,960 --> 00:29:53,120 Speaker 1: the store and get take out. Um, but it kind 569 00:29:53,160 --> 00:29:55,320 Speaker 1: of kept this partial opening. Now there is a process 570 00:29:55,440 --> 00:29:58,840 Speaker 1: right now that's taking place where um, more stores will 571 00:29:58,880 --> 00:30:01,120 Speaker 1: be opening more business because we'll be opening over the 572 00:30:01,160 --> 00:30:04,120 Speaker 1: courts of the next week or so. Some restaurants will 573 00:30:04,120 --> 00:30:06,320 Speaker 1: be opening. It's their choice. They're allowed to. I think 574 00:30:06,360 --> 00:30:09,440 Speaker 1: starting on masis teeth. Um, they have to keep the 575 00:30:09,520 --> 00:30:13,600 Speaker 1: restaurant atty occupancy. People have to wear masks. Everything has 576 00:30:13,640 --> 00:30:16,560 Speaker 1: to be cleaned, I think like once every ninety minutes 577 00:30:16,640 --> 00:30:18,880 Speaker 1: or so. I mean, I gotta tell you, guys, I 578 00:30:19,200 --> 00:30:21,040 Speaker 1: don't want to go into it into a restaurant and 579 00:30:21,120 --> 00:30:23,440 Speaker 1: sit down with a mask on and be worried about 580 00:30:23,880 --> 00:30:26,520 Speaker 1: potentially getting sick. That doesn't seem appealing to me in 581 00:30:26,600 --> 00:30:29,400 Speaker 1: the very least. But nonetheless, there are some places in 582 00:30:29,520 --> 00:30:32,320 Speaker 1: Arkansas that will be opening, and that does have me 583 00:30:32,400 --> 00:30:34,360 Speaker 1: worried because I don't know if that is going to 584 00:30:34,680 --> 00:30:39,240 Speaker 1: cause the pandemic to spread. But so far, so good. Um, 585 00:30:39,560 --> 00:30:41,720 Speaker 1: and you know, I think the governor is frankly done 586 00:30:41,720 --> 00:30:43,560 Speaker 1: a pretty good job. I know it's Sinco to Mayo, 587 00:30:43,640 --> 00:30:47,360 Speaker 1: but now I want fried chicken. I mean, I feel, Adrian, 588 00:30:47,440 --> 00:30:52,040 Speaker 1: You've got me thinking about Arkansas fried chickens. I know, Adrian, 589 00:30:52,480 --> 00:30:54,280 Speaker 1: I have to say I would be you know, Adrians 590 00:30:54,320 --> 00:30:56,200 Speaker 1: a big country music fan, and so am I. One 591 00:30:56,240 --> 00:30:59,040 Speaker 1: of the highlights of one of the optimistic highlights of 592 00:30:59,160 --> 00:31:02,400 Speaker 1: the of the past, of this pand of the pandemic 593 00:31:02,760 --> 00:31:05,360 Speaker 1: was Keith Urban's rendition of Higher Love on the concert. 594 00:31:05,400 --> 00:31:09,480 Speaker 1: Did you see that? I didn't, but I love that song. 595 00:31:09,960 --> 00:31:13,400 Speaker 1: I'll send you he didn't. Yeah, I'll send you the 596 00:31:13,480 --> 00:31:15,920 Speaker 1: linky uh And and then Nicole Kidman came out at 597 00:31:15,960 --> 00:31:18,160 Speaker 1: the end. It was like a country version of Higher Love. 598 00:31:18,200 --> 00:31:20,680 Speaker 1: It was, you know, Keith can do no wrong. I'm 599 00:31:20,680 --> 00:31:22,600 Speaker 1: gonna give I I gotta leave it there. You guys, 600 00:31:22,640 --> 00:31:24,280 Speaker 1: thank you so much. I'm sorry that her time was 601 00:31:24,320 --> 00:31:27,400 Speaker 1: cut short. Adrian L. Rod a friend of the program, 602 00:31:27,440 --> 00:31:30,720 Speaker 1: and she, of course is a democratic strategist and a 603 00:31:30,800 --> 00:31:33,720 Speaker 1: former director of strategic communications for Hillary Clinton. Come back 604 00:31:33,760 --> 00:31:37,479 Speaker 1: on anytime. Doug High, Senior vice president of Media at 605 00:31:37,640 --> 00:31:41,000 Speaker 1: Craft Media and Digital, former Deputy chief of staff to 606 00:31:41,320 --> 00:31:45,000 Speaker 1: Majority leader Eric Cancer Doug. We will catch up as well, uh, 607 00:31:45,160 --> 00:31:47,800 Speaker 1: and appreciate both of you coming on to break down 608 00:31:47,840 --> 00:31:50,080 Speaker 1: the latest political news of the day. That does it 609 00:31:50,160 --> 00:31:53,800 Speaker 1: for me. I'm Kevin Cirilli, Chief Washington correspondent for Bloomberg 610 00:31:53,840 --> 00:31:57,320 Speaker 1: Television and for Bloomberg Radio. You can download the Bloomberg 611 00:31:57,440 --> 00:32:01,440 Speaker 1: Sound On podcast on Apple i Tunes, at Bloomberg dot com, 612 00:32:01,680 --> 00:32:04,840 Speaker 1: or by downloading the Bloomberg Business app. You can also 613 00:32:04,920 --> 00:32:08,080 Speaker 1: find us on radio dot com, I Heart Radio, and 614 00:32:08,400 --> 00:32:13,120 Speaker 1: Spotify and much more. To get through tomorrow, folks, Uh, 615 00:32:13,360 --> 00:32:16,120 Speaker 1: thanks for listening to Bloomberg One.