1 00:00:00,080 --> 00:00:10,119 Speaker 1: Bloomberg Audio Studios, Podcasts, radio news. You're listening to the 2 00:00:10,119 --> 00:00:13,880 Speaker 1: Bloomberg Balance of Power podcast. Catch us live weekdays at 3 00:00:13,920 --> 00:00:17,119 Speaker 1: noon and five pm Eastern on Apple Coarckley and Android 4 00:00:17,160 --> 00:00:20,520 Speaker 1: Auto with the Bloomberg Business App. Listen on demand wherever 5 00:00:20,600 --> 00:00:24,560 Speaker 1: you get your podcasts, or watch us live on YouTube. 6 00:00:25,200 --> 00:00:28,280 Speaker 2: Fascinating conversation a little bit earlier on Bloomberg, as David 7 00:00:28,280 --> 00:00:32,040 Speaker 2: Gura spent some time with Andrew Cuomo, generating the headline. 8 00:00:33,120 --> 00:00:35,040 Speaker 3: Democratic Party civil War. 9 00:00:35,200 --> 00:00:38,040 Speaker 2: That's how the former mayor, the former governor, i should say, 10 00:00:38,040 --> 00:00:41,960 Speaker 2: is describing the mayoral race that's currently underway a civil war, 11 00:00:42,000 --> 00:00:45,040 Speaker 2: one that even President Trump has tried to get involved in, 12 00:00:45,400 --> 00:00:48,159 Speaker 2: to try to get somebody to drop out, because at 13 00:00:48,159 --> 00:00:52,200 Speaker 2: the moment, this four way contest favors Zora On Mamdani 14 00:00:53,159 --> 00:00:55,840 Speaker 2: and David Gurra is with us now from World's headquarters 15 00:00:55,920 --> 00:00:58,520 Speaker 2: in New York. It's great to see you to sit down, David, 16 00:00:58,520 --> 00:01:01,000 Speaker 2: and I appreciate your bringing this conversation to us, because 17 00:01:01,440 --> 00:01:03,280 Speaker 2: this race feels frozen in time. 18 00:01:03,600 --> 00:01:05,640 Speaker 4: It does, and you look at the polling data, Joe, 19 00:01:05,880 --> 00:01:07,760 Speaker 4: and so much of it has stayed the same. It 20 00:01:07,800 --> 00:01:09,680 Speaker 4: really is kind of glacial in how it's moving, and 21 00:01:09,680 --> 00:01:12,960 Speaker 4: I think that's an element of frustration for Governor Andrew Cuomo, 22 00:01:13,080 --> 00:01:16,080 Speaker 4: who had a bad performance in the primary, took some 23 00:01:16,120 --> 00:01:18,720 Speaker 4: time to think about his performance in that primary and 24 00:01:18,760 --> 00:01:21,760 Speaker 4: sought to reinvent his campaign. But as I learned over 25 00:01:21,800 --> 00:01:24,400 Speaker 4: the course of this conversation with him, a lot of 26 00:01:24,480 --> 00:01:26,880 Speaker 4: the messaging is still the same. He's raising the specter 27 00:01:26,920 --> 00:01:29,440 Speaker 4: here of what a Mamdani mayorality would mean for New 28 00:01:29,520 --> 00:01:31,360 Speaker 4: York City. And as you laid out, there were a 29 00:01:31,400 --> 00:01:33,160 Speaker 4: number of directions that we could go, and obviously some 30 00:01:33,240 --> 00:01:35,760 Speaker 4: questions about the policies that he prioritizes, what he hopes 31 00:01:35,800 --> 00:01:37,720 Speaker 4: to put in place, and how to pay for them. 32 00:01:37,720 --> 00:01:39,840 Speaker 4: But really, at this point in time, forty days out 33 00:01:40,040 --> 00:01:42,440 Speaker 4: from this election, I thought it was important to start 34 00:01:42,440 --> 00:01:44,399 Speaker 4: with the state of play and how he sees the 35 00:01:44,440 --> 00:01:47,520 Speaker 4: path forward to victory. And I started off by asking 36 00:01:47,560 --> 00:01:50,840 Speaker 4: him about the polling. How do you see the path 37 00:01:50,880 --> 00:01:53,320 Speaker 4: forward here? Given the polling and sort of where things stand. 38 00:01:53,360 --> 00:01:55,560 Speaker 4: I should note that the polling hasn't changed a tremendous 39 00:01:55,560 --> 00:01:56,480 Speaker 4: amount in recent weeks. 40 00:01:57,480 --> 00:01:59,960 Speaker 5: It will change dramatic. 41 00:02:00,800 --> 00:02:03,880 Speaker 6: What you see in the polls is Mam Dami is 42 00:02:03,920 --> 00:02:05,600 Speaker 6: always about forty percent. 43 00:02:06,360 --> 00:02:07,600 Speaker 5: That leaves sixty percent. 44 00:02:07,680 --> 00:02:11,560 Speaker 6: As you accurately pointed out, you have a multi candidate field, 45 00:02:11,600 --> 00:02:14,880 Speaker 6: so four people or three people are breaking up at 46 00:02:14,919 --> 00:02:18,000 Speaker 6: sixty percent. I don't think you're going to wind up 47 00:02:18,400 --> 00:02:21,680 Speaker 6: ultimately with that larger field. I think the field is 48 00:02:21,720 --> 00:02:24,360 Speaker 6: going to collapse. I think is going to come down 49 00:02:24,400 --> 00:02:28,960 Speaker 6: to me versus mister Mamdani. And as I said, Mamdanni 50 00:02:29,080 --> 00:02:34,640 Speaker 6: has forty percent his very radical ideas which are exciting 51 00:02:34,919 --> 00:02:38,560 Speaker 6: to one group of the population, especially young people, but 52 00:02:38,680 --> 00:02:42,799 Speaker 6: are polarizing to many other people. And I think it's 53 00:02:42,840 --> 00:02:44,680 Speaker 6: going to come down to a one on one and 54 00:02:44,720 --> 00:02:47,240 Speaker 6: then it is a totally different race. 55 00:02:47,360 --> 00:02:50,600 Speaker 4: Dave Curtisily with the Republican candidate, says he's not dropping out. 56 00:02:50,639 --> 00:02:53,639 Speaker 4: Incumbent Mayory Eric Adam says he's not dropping out. We've 57 00:02:53,639 --> 00:02:57,000 Speaker 4: passed the ballot deadline. If we were to have a 58 00:02:57,040 --> 00:02:59,959 Speaker 4: race where it's you against or Mandani, poles still show 59 00:03:00,120 --> 00:03:02,280 Speaker 4: him leading you by a substantial amount. 60 00:03:02,320 --> 00:03:04,560 Speaker 3: What do you see in the electorate. 61 00:03:04,160 --> 00:03:05,680 Speaker 4: That the data aren't shown when it comes to that 62 00:03:05,680 --> 00:03:06,679 Speaker 4: particular configuration. 63 00:03:06,760 --> 00:03:11,880 Speaker 6: Yeah, well, polls are historically wrong, especially this year, especially 64 00:03:11,919 --> 00:03:12,640 Speaker 6: in New York. 65 00:03:13,919 --> 00:03:17,120 Speaker 5: On your first point, you can stay in the race. 66 00:03:17,560 --> 00:03:20,239 Speaker 6: First of all, technically nobody can get off the ballot, right, 67 00:03:20,960 --> 00:03:25,760 Speaker 6: The question is are you viable in the race, and 68 00:03:26,280 --> 00:03:28,040 Speaker 6: you kind of people who are in the race, but 69 00:03:29,160 --> 00:03:32,399 Speaker 6: the voters just think they're not really competitive. 70 00:03:32,480 --> 00:03:33,160 Speaker 5: They can't win. 71 00:03:33,240 --> 00:03:35,640 Speaker 6: I'm not going to waste my vote, and I think 72 00:03:35,640 --> 00:03:37,400 Speaker 6: that's what happens here. I think it comes down to 73 00:03:37,960 --> 00:03:42,119 Speaker 6: me and Mamdani. I think when people understand what Mamdani 74 00:03:42,240 --> 00:03:48,000 Speaker 6: stands for, besides what he has said on TikTok, you 75 00:03:48,040 --> 00:03:53,880 Speaker 6: know he's anti police. This band the police, legalized prostitution, 76 00:03:54,120 --> 00:03:58,480 Speaker 6: legalize the drug trade, abolished jails. You know, this would 77 00:03:58,520 --> 00:04:03,400 Speaker 6: be anarchy in New York or socialism does not work 78 00:04:03,440 --> 00:04:04,280 Speaker 6: in New York City. 79 00:04:04,320 --> 00:04:05,200 Speaker 5: It's antithetical. 80 00:04:05,240 --> 00:04:11,240 Speaker 6: We're a business capital, right, We're pro business. Business is 81 00:04:11,280 --> 00:04:15,040 Speaker 6: the engine that drives the train. So none of that 82 00:04:15,160 --> 00:04:19,000 Speaker 6: has been communicated yet, and when it does, I can 83 00:04:19,080 --> 00:04:22,600 Speaker 6: tell you the minds will change. 84 00:04:22,960 --> 00:04:25,400 Speaker 4: Is there an effort by you and your campaign to 85 00:04:25,440 --> 00:04:27,920 Speaker 4: try to convince Eric Adams or courteously would have dropped 86 00:04:27,920 --> 00:04:30,159 Speaker 4: out of this race, or their conversations that are happening 87 00:04:30,200 --> 00:04:32,320 Speaker 4: behind the scenes to make what I imagine you see 88 00:04:32,320 --> 00:04:34,240 Speaker 4: as a compelling case for them to step aside to 89 00:04:34,279 --> 00:04:35,840 Speaker 4: make this more of a one on one race. 90 00:04:36,279 --> 00:04:38,800 Speaker 6: No, I'm sure they're making their own decisions. Look, I've 91 00:04:38,800 --> 00:04:43,640 Speaker 6: been in elections where I have dropped out because I 92 00:04:43,800 --> 00:04:48,320 Speaker 6: thought it was the right thing to do. They have 93 00:04:48,440 --> 00:04:52,960 Speaker 6: a decision to make. There is no apparent path to 94 00:04:53,160 --> 00:04:57,800 Speaker 6: victory for them. They in essence would act as a spoiler. 95 00:04:59,200 --> 00:05:02,240 Speaker 6: And that's a decision they have to make. They have 96 00:05:02,240 --> 00:05:05,279 Speaker 6: to make it personally, and that's their business. But again, 97 00:05:05,880 --> 00:05:07,200 Speaker 6: I think it's going to come down to a two 98 00:05:07,240 --> 00:05:11,240 Speaker 6: person race no matter what, because that's what the polls 99 00:05:11,279 --> 00:05:13,840 Speaker 6: are going to say, and that is the choice. 100 00:05:14,400 --> 00:05:15,040 Speaker 5: I am a. 101 00:05:15,000 --> 00:05:18,800 Speaker 6: Democrat, my father was a Democrat. I worked for Bill Clinton. 102 00:05:19,920 --> 00:05:26,760 Speaker 6: Zoran is a socialist, the Democratic Socialists right didn't support Democrats, 103 00:05:26,760 --> 00:05:31,000 Speaker 6: that Barack Obama was a liar and evil, and didn't 104 00:05:31,000 --> 00:05:37,600 Speaker 6: support Kamala Harris against Trump. Right, So this is a 105 00:05:37,880 --> 00:05:42,160 Speaker 6: very different This is apples and oranges between the two 106 00:05:42,200 --> 00:05:42,520 Speaker 6: of us. 107 00:05:42,560 --> 00:05:44,239 Speaker 4: I want to ask you about some comments that Curtis 108 00:05:44,320 --> 00:05:45,279 Speaker 4: Lee we made yesterday. 109 00:05:45,279 --> 00:05:46,360 Speaker 5: I'm sure you heard them. 110 00:05:46,440 --> 00:05:49,400 Speaker 4: He was campaigning and suggested that your affiliates of your 111 00:05:49,440 --> 00:05:52,680 Speaker 4: campaign had reached out to him and offered him money 112 00:05:53,400 --> 00:05:55,520 Speaker 4: to the tune of ten million dollars to drop out 113 00:05:55,560 --> 00:05:57,160 Speaker 4: of this race. And I'm going to quote from what 114 00:05:57,240 --> 00:05:59,679 Speaker 4: he said during that campaign event. He called these classic 115 00:05:59,680 --> 00:06:02,680 Speaker 4: Andrew Cuomo tactics. Why don't you strap up Cuomo to 116 00:06:02,720 --> 00:06:04,920 Speaker 4: a lie detection machine and ask him and we'll all 117 00:06:04,920 --> 00:06:08,400 Speaker 4: be blown to Kingdom come because he's behind it. I 118 00:06:08,400 --> 00:06:10,840 Speaker 4: don't have a polygraphic machine with me here. But how 119 00:06:10,839 --> 00:06:13,160 Speaker 4: do you respond to what he's alleging in those comments? 120 00:06:13,200 --> 00:06:15,720 Speaker 6: Look, you can't. You have to take sliver with a 121 00:06:15,720 --> 00:06:21,400 Speaker 6: grain of salt. Right, He is a known con man. 122 00:06:22,200 --> 00:06:25,560 Speaker 6: He's lied about being victims of crime before. 123 00:06:27,080 --> 00:06:28,239 Speaker 5: But it's very simple, David. 124 00:06:28,680 --> 00:06:33,440 Speaker 6: When he said that someone should have said who who 125 00:06:33,560 --> 00:06:36,640 Speaker 6: or for you the money? Let a man asker the 126 00:06:36,680 --> 00:06:39,280 Speaker 6: question because it would happen to be a crime, right, 127 00:06:40,839 --> 00:06:42,200 Speaker 6: who or. 128 00:06:42,080 --> 00:06:44,200 Speaker 5: For you money? 129 00:06:44,279 --> 00:06:48,000 Speaker 6: He never said who, which sort of tells you right 130 00:06:48,440 --> 00:06:50,720 Speaker 6: that it's all malarkey. 131 00:06:52,040 --> 00:06:53,600 Speaker 5: There was no person who did it. 132 00:06:54,920 --> 00:06:56,320 Speaker 4: I want to ask you last we've talked about the 133 00:06:56,320 --> 00:06:58,000 Speaker 4: state of the race for you hope that it's headed 134 00:06:58,200 --> 00:06:59,520 Speaker 4: And if we can't, I'd like to look back to 135 00:06:59,600 --> 00:07:00,960 Speaker 4: nineteen seventy seven. 136 00:07:01,040 --> 00:07:01,599 Speaker 5: So ways. 137 00:07:02,080 --> 00:07:04,479 Speaker 4: You were nineteen, You were a student at Fordham University. 138 00:07:04,880 --> 00:07:06,560 Speaker 4: Your dad was making a run for mayor and you 139 00:07:06,560 --> 00:07:09,600 Speaker 4: were helping out on the campaign. He didn't win the 140 00:07:09,600 --> 00:07:12,600 Speaker 4: Democratic primary and decided to run on an independent line 141 00:07:12,760 --> 00:07:16,400 Speaker 4: for mayor. He ended up losing that race by nine points. 142 00:07:17,280 --> 00:07:19,559 Speaker 4: They say that history doesn't repeat itself, but it rhymes, 143 00:07:19,560 --> 00:07:21,080 Speaker 4: and I know that you don't want history to repeat 144 00:07:21,080 --> 00:07:23,000 Speaker 4: itself here. You'd like to win this race in the 145 00:07:23,000 --> 00:07:26,080 Speaker 4: way that he wasn't able to back then fifty years ago. 146 00:07:26,280 --> 00:07:28,640 Speaker 4: I'm not the first to point out this historical parallel, 147 00:07:28,640 --> 00:07:31,119 Speaker 4: but I imagine you've thought about it, and I wonder 148 00:07:31,160 --> 00:07:34,520 Speaker 4: how that experiences informed your outlook on this race. There 149 00:07:34,560 --> 00:07:36,720 Speaker 4: was introspection after the primaries, you didn't do as well 150 00:07:36,760 --> 00:07:39,760 Speaker 4: as you wanted to do. You decided to make this run. 151 00:07:40,320 --> 00:07:42,360 Speaker 4: What can you learn about that race that your dad 152 00:07:42,400 --> 00:07:43,960 Speaker 4: waged and how does that inform the way that you're 153 00:07:44,040 --> 00:07:44,400 Speaker 4: running this. 154 00:07:44,560 --> 00:07:49,080 Speaker 6: Yeah, my father was an extraordinary individual on many levels, 155 00:07:50,120 --> 00:07:56,000 Speaker 6: highly principled, frankly a typical for a politician, and he 156 00:07:56,040 --> 00:07:58,520 Speaker 6: did quote unquote the right thing whatever he thought the 157 00:07:58,600 --> 00:08:04,640 Speaker 6: right thing was for me. I believe in the Democratic Party. 158 00:08:05,240 --> 00:08:08,520 Speaker 6: I believe in what my father stood for, what John F. 159 00:08:08,600 --> 00:08:11,760 Speaker 6: Kennedy stood for, and Robert F. Kennedy stood for, and 160 00:08:12,280 --> 00:08:18,880 Speaker 6: Bill Clinton, and what Mandami represents. And this Democratic Socialists 161 00:08:18,880 --> 00:08:23,440 Speaker 6: of America THESA Socialists, call them whatever you want, is 162 00:08:23,560 --> 00:08:29,000 Speaker 6: repugnant to the Democratic Party, I know. And that's what's 163 00:08:29,040 --> 00:08:32,680 Speaker 6: really going on here. This is a civil war within 164 00:08:32,840 --> 00:08:37,920 Speaker 6: the Democratic Party, right where the extreme left is pulling 165 00:08:37,920 --> 00:08:42,120 Speaker 6: the Democratic Party and the moderates are afraid of the 166 00:08:42,160 --> 00:08:46,120 Speaker 6: extreme left. It's the inverse of the Republican Party when 167 00:08:46,120 --> 00:08:48,480 Speaker 6: they had the Tea Party and the Tea Party was 168 00:08:48,520 --> 00:08:51,120 Speaker 6: pulling the Republican moderates too far to the right because 169 00:08:51,120 --> 00:08:53,600 Speaker 6: they were afraid of them in a primary. That's what's 170 00:08:53,640 --> 00:08:55,840 Speaker 6: happening here. It's a battle for the soul of the 171 00:08:55,880 --> 00:09:01,360 Speaker 6: Democratic Party. And the Democratic Party is not anti business. 172 00:09:01,559 --> 00:09:06,520 Speaker 6: It's not a high police. That's not who we are. 173 00:09:07,880 --> 00:09:15,520 Speaker 6: We're not about redistributing income as a policy. Right, you 174 00:09:15,760 --> 00:09:19,760 Speaker 6: tax to provide a service, you don't tax to take 175 00:09:19,920 --> 00:09:21,080 Speaker 6: money from. 176 00:09:21,200 --> 00:09:23,319 Speaker 5: The rich to give it to the poor. 177 00:09:23,720 --> 00:09:23,920 Speaker 7: Right. 178 00:09:24,679 --> 00:09:26,599 Speaker 5: That's why Donald Trump comes him communist. 179 00:09:27,200 --> 00:09:32,600 Speaker 6: So this is not the Democratic Party that I believe 180 00:09:33,520 --> 00:09:39,440 Speaker 6: I represent and traditionally has served this nation. 181 00:09:39,679 --> 00:09:43,920 Speaker 5: Well, he is zero experience. 182 00:09:43,400 --> 00:09:48,920 Speaker 6: In the position, never managed anything five employees, never had 183 00:09:48,960 --> 00:09:55,640 Speaker 6: a real job, and you when you're willing to consider 184 00:09:55,960 --> 00:10:01,800 Speaker 6: chief executive New York City, no management experience, ran five people. 185 00:10:02,360 --> 00:10:05,319 Speaker 6: Now he's gonna run three hundred thousand employees one hundred 186 00:10:05,320 --> 00:10:08,160 Speaker 6: and fifteen billion dollar budget. You wake up any morning, 187 00:10:08,160 --> 00:10:10,920 Speaker 6: you could have a terrorist attack, you could have another COVID. 188 00:10:12,559 --> 00:10:18,520 Speaker 6: It just the means government and the means public service 189 00:10:18,679 --> 00:10:23,760 Speaker 6: in a way that I just find abhorrant, and I'm 190 00:10:23,760 --> 00:10:27,080 Speaker 6: going to do everything I can to stop it. 191 00:10:27,600 --> 00:10:29,640 Speaker 4: My conversation there with Andrew Quioma, with a former governor 192 00:10:29,640 --> 00:10:31,480 Speaker 4: of the state of New York Mountain campaign here for 193 00:10:31,600 --> 00:10:33,800 Speaker 4: mayor in New York City and Joe, what stood out 194 00:10:33,840 --> 00:10:35,480 Speaker 4: to me a number of times is how he kind 195 00:10:35,480 --> 00:10:38,360 Speaker 4: of cast himself in the mantle of being a Democrat. 196 00:10:38,400 --> 00:10:40,560 Speaker 4: He said, I'm a Democrat. My father was a Democrat. 197 00:10:40,600 --> 00:10:42,520 Speaker 4: I worked for Bill Clinton. You heard there at the 198 00:10:42,600 --> 00:10:46,640 Speaker 4: end him talking about Democrats, saying of Mam Donnie's platforms, 199 00:10:46,679 --> 00:10:48,880 Speaker 4: that's not who we are. You have to just go 200 00:10:48,960 --> 00:10:51,480 Speaker 4: back to the results of that primary, that Democratic primary 201 00:10:51,480 --> 00:10:54,200 Speaker 4: from a few months ago, that rank choice primary. M'm 202 00:10:54,280 --> 00:10:56,760 Speaker 4: Donnie got fifty six percent of the vote and Quoto 203 00:10:56,840 --> 00:10:59,280 Speaker 4: had forty four percent. So yes, he's running on the 204 00:10:59,280 --> 00:11:02,600 Speaker 4: independent line, still very much associate himself with the history 205 00:11:02,640 --> 00:11:04,000 Speaker 4: and the Democratic Party. 206 00:11:05,120 --> 00:11:08,240 Speaker 2: Really interesting you brought up his dad. Does part of 207 00:11:08,320 --> 00:11:12,360 Speaker 2: you think that his father would be impressed by the 208 00:11:12,400 --> 00:11:15,839 Speaker 2: gains that Zoron Mamdani has made among young progressives? 209 00:11:16,520 --> 00:11:18,520 Speaker 4: You know, I think that he might not far from 210 00:11:18,520 --> 00:11:21,840 Speaker 4: me to psychoanalyze what he might have thought, but I 211 00:11:21,880 --> 00:11:24,920 Speaker 4: do think that it is something that clearly is flumixing, 212 00:11:25,840 --> 00:11:28,400 Speaker 4: not just Andrew Cuomo, but the other candidates in this race. 213 00:11:28,440 --> 00:11:31,559 Speaker 4: And you heard Andrew Cuomo. They're kind of disparaging the 214 00:11:31,840 --> 00:11:35,439 Speaker 4: TikTok side of this campaign, the success that Zora Mamdanni 215 00:11:35,480 --> 00:11:38,880 Speaker 4: has had on social media, and yet it is still 216 00:11:38,880 --> 00:11:41,040 Speaker 4: working and working so effectively for him. And again going 217 00:11:41,080 --> 00:11:43,000 Speaker 4: back to what I said before we played that interview, 218 00:11:44,160 --> 00:11:45,959 Speaker 4: I expected that there would be kind of a market 219 00:11:46,080 --> 00:11:51,040 Speaker 4: change in outreach and tone and platform from Governor Quoha. 220 00:11:51,080 --> 00:11:52,920 Speaker 4: And to be fair, he is out more. He's on 221 00:11:52,960 --> 00:11:55,199 Speaker 4: the campaign from more in and around the city talking 222 00:11:55,240 --> 00:11:58,400 Speaker 4: to voters. But the way that he has set up 223 00:11:58,400 --> 00:12:01,000 Speaker 4: the contrast between him and Mamdanni means the same, That is, 224 00:12:01,240 --> 00:12:03,600 Speaker 4: there is an element of fear less than hope about 225 00:12:03,640 --> 00:12:05,840 Speaker 4: the direction of the city if mom Donnie were to win. 226 00:12:05,880 --> 00:12:08,480 Speaker 4: And I think that's that's something that he's he's continuing 227 00:12:08,520 --> 00:12:10,600 Speaker 4: to hammer home here in these last forty days of 228 00:12:10,600 --> 00:12:11,160 Speaker 4: this campaign. 229 00:12:11,720 --> 00:12:14,000 Speaker 2: Really interesting. Always a pleasure to have our friend David 230 00:12:14,000 --> 00:12:16,640 Speaker 2: Guerrou with us. Thank you for the great conversation today 231 00:12:16,880 --> 00:12:19,719 Speaker 2: with the former governor David Life in New York as 232 00:12:19,720 --> 00:12:21,720 Speaker 2: we assemble our panel for their take on this and 233 00:12:21,760 --> 00:12:24,960 Speaker 2: what it might mean on a grander scale at this 234 00:12:25,080 --> 00:12:28,240 Speaker 2: moment for the Democratic Party. Bloomberg Politics contributor Rick Davis 235 00:12:28,360 --> 00:12:31,119 Speaker 2: is here partner at Stone Cord Capital, are Republican strategist 236 00:12:31,480 --> 00:12:35,160 Speaker 2: alongside Democratic strategist Afira A. Heskell, director of External Affairs 237 00:12:35,160 --> 00:12:38,640 Speaker 2: of the Democratic Governors Association. Really interesting to hear the 238 00:12:38,679 --> 00:12:42,480 Speaker 2: conversation and the language that Andrew Cuomo chose to use 239 00:12:43,160 --> 00:12:47,800 Speaker 2: Mam Donnie's candidacy abhorrent, the competition of battle for the 240 00:12:47,840 --> 00:12:50,319 Speaker 2: soul of the Democratic Party a fea. He said, your 241 00:12:50,400 --> 00:12:53,120 Speaker 2: party is in a civil war. Is New York a 242 00:12:53,200 --> 00:12:55,040 Speaker 2: microcosm for what's happening nationally? 243 00:12:55,280 --> 00:12:55,920 Speaker 5: Absolutely not. 244 00:12:56,040 --> 00:12:59,360 Speaker 7: I think New York and the mayor's race is about 245 00:12:59,440 --> 00:13:01,280 Speaker 7: what's happening in New York and I think New York 246 00:13:01,360 --> 00:13:03,720 Speaker 7: voters were very clear that they want a leader who's 247 00:13:03,720 --> 00:13:06,400 Speaker 7: going to be focused on making life more affordable. And 248 00:13:06,840 --> 00:13:08,680 Speaker 7: what I just heard Andrew Cuomo say was that he 249 00:13:08,679 --> 00:13:10,679 Speaker 7: doesn't have a lot of forward looking vision for how 250 00:13:10,720 --> 00:13:13,800 Speaker 7: he's going to do that. And anyboy's complaining about poll numbers, 251 00:13:13,800 --> 00:13:15,880 Speaker 7: but I think voters again were very clear during the 252 00:13:15,880 --> 00:13:18,640 Speaker 7: primary about what they want. But I also don't know 253 00:13:18,720 --> 00:13:20,760 Speaker 7: that it would be helpful to be running as somebody 254 00:13:20,760 --> 00:13:24,280 Speaker 7: who keeps invoking Trump if you're looking to bring the 255 00:13:24,320 --> 00:13:26,640 Speaker 7: party together and show that you're going to be a 256 00:13:26,720 --> 00:13:27,679 Speaker 7: fighter for New Yorkers. 257 00:13:28,160 --> 00:13:31,520 Speaker 2: At one point, do more seniors in the Democratic Party 258 00:13:31,840 --> 00:13:35,280 Speaker 2: need to get behind zoron Mom Donnie for this candidacy 259 00:13:35,320 --> 00:13:36,239 Speaker 2: to have credibility. 260 00:13:36,480 --> 00:13:38,520 Speaker 7: Well, I think this is the campaign's about what's going 261 00:13:38,559 --> 00:13:40,360 Speaker 7: on in New York City, and I think Governor Hochel 262 00:13:40,400 --> 00:13:42,439 Speaker 7: has been a leader on this and has been very 263 00:13:42,480 --> 00:13:45,200 Speaker 7: clear she looks forward to working with him in the 264 00:13:45,200 --> 00:13:48,040 Speaker 7: mayorship on how they can make life more affordable, keep 265 00:13:48,080 --> 00:13:50,880 Speaker 7: the city safe, bring more people there. And I think 266 00:13:51,120 --> 00:13:53,520 Speaker 7: a partnership with somebody in that seat is something that 267 00:13:53,559 --> 00:13:56,960 Speaker 7: Governor Hockle is looking for. And again, I think Democrats 268 00:13:56,960 --> 00:13:59,000 Speaker 7: are looking for somebody who's going to show that they're 269 00:13:59,000 --> 00:14:02,160 Speaker 7: focused on these kitchen issues, but also that when Trump 270 00:14:02,200 --> 00:14:05,200 Speaker 7: is trying to come after New Yorkers and their freedoms, 271 00:14:05,280 --> 00:14:07,360 Speaker 7: that they're a voice that's willing to stand up and fight. 272 00:14:07,400 --> 00:14:08,920 Speaker 7: And I don't I don't know that we're seeing a 273 00:14:08,920 --> 00:14:10,320 Speaker 7: lot of that from Andrew Coloma right now. 274 00:14:10,400 --> 00:14:13,520 Speaker 2: Interesting, Ricky, from a lot of campaigns in your career. 275 00:14:13,600 --> 00:14:17,280 Speaker 2: There's a Suffolk University City View poll shows Mamdani leading 276 00:14:17,320 --> 00:14:21,520 Speaker 2: Cuomo by twenty percentage points. Do you believe the landscape 277 00:14:21,520 --> 00:14:23,160 Speaker 2: as the posters are calling it? 278 00:14:24,600 --> 00:14:28,160 Speaker 8: Yeah, even even Cuomo said that, you know, he was 279 00:14:28,200 --> 00:14:31,040 Speaker 8: talking about Mandami having forty percent, which means he probably 280 00:14:31,080 --> 00:14:34,280 Speaker 8: does have forty five percent. And I thought what was 281 00:14:34,320 --> 00:14:37,640 Speaker 8: really interesting in that Suffolk poll is he has a 282 00:14:37,640 --> 00:14:43,360 Speaker 8: above majority over fifty percent of Hispanics, Asians, African Americans. 283 00:14:43,400 --> 00:14:47,119 Speaker 8: I mean, like the basis of the New York Democratic 284 00:14:47,240 --> 00:14:53,160 Speaker 8: Party is their resilience with diversity, and Cuomo's not getting 285 00:14:53,160 --> 00:14:56,840 Speaker 8: any of that when you look at his growth. You know, 286 00:14:56,960 --> 00:14:59,040 Speaker 8: since he became an independent and said I'm going to 287 00:14:59,080 --> 00:15:02,320 Speaker 8: be the guy that beats Mandannie. He hasn't really grown 288 00:15:02,360 --> 00:15:05,840 Speaker 8: at all. And so if you if you were to 289 00:15:05,840 --> 00:15:09,520 Speaker 8: believe his pitch, you know that there's sixty percent staying 290 00:15:09,600 --> 00:15:13,120 Speaker 8: out there and I can get you know, the majority 291 00:15:13,160 --> 00:15:17,160 Speaker 8: of that, then he'd better start going. The elections a 292 00:15:17,200 --> 00:15:19,160 Speaker 8: little over a month away. And he has yet to 293 00:15:19,200 --> 00:15:22,680 Speaker 8: grow a bit. So I really don't understand even the messaging. 294 00:15:22,760 --> 00:15:26,440 Speaker 8: But let's just leave it at that. That polling looks 295 00:15:26,440 --> 00:15:29,200 Speaker 8: extremely strong. I think this race is pretty much over 296 00:15:29,680 --> 00:15:31,040 Speaker 8: and we'll see where we go from there. 297 00:15:31,760 --> 00:15:33,520 Speaker 3: Well, that would be the end of his political career. 298 00:15:33,560 --> 00:15:37,480 Speaker 3: Would it not be funny to say, before I do next? 299 00:15:37,560 --> 00:15:37,760 Speaker 5: Yeah. 300 00:15:37,760 --> 00:15:41,360 Speaker 2: By the way, President Trump has become somewhat invested in this, 301 00:15:41,520 --> 00:15:45,600 Speaker 2: calling on certain candidates to drop out Eric Adams, Curtis 302 00:15:45,600 --> 00:15:47,400 Speaker 2: sliwa if there was a head to head here, though 303 00:15:47,400 --> 00:15:50,200 Speaker 2: the polls still show mom Donnie as the next mayor 304 00:15:50,200 --> 00:15:50,720 Speaker 2: of New York. 305 00:15:51,240 --> 00:15:54,400 Speaker 7: Well, I think he again has been echoing for what 306 00:15:54,440 --> 00:15:56,400 Speaker 7: New Yorkers are looking for. He's showing a vision for 307 00:15:56,440 --> 00:15:58,520 Speaker 7: how he can work on a lot of the issues 308 00:15:58,560 --> 00:15:59,640 Speaker 7: that people say they want to see. 309 00:15:59,640 --> 00:16:01,040 Speaker 5: Democrat's make progress on it. 310 00:16:01,160 --> 00:16:04,760 Speaker 7: I think we hear time and time again affordability, affordability, affordability. 311 00:16:05,000 --> 00:16:06,880 Speaker 7: And I think he's really excited people in New York 312 00:16:06,920 --> 00:16:09,720 Speaker 7: with that, and they're looking for somebody who's going to 313 00:16:09,960 --> 00:16:12,440 Speaker 7: drive progress forward on that. And I think again he's 314 00:16:12,480 --> 00:16:15,480 Speaker 7: exciting people, like Rick said, you know, all across the base. 315 00:16:15,520 --> 00:16:17,080 Speaker 7: I think that's a good thing and we want to 316 00:16:17,080 --> 00:16:17,560 Speaker 7: see more of that. 317 00:16:17,600 --> 00:16:20,720 Speaker 2: Obviously, it's interesting Trump's involvement in this case, Rick, because 318 00:16:20,760 --> 00:16:23,760 Speaker 2: he talks about Mom Donnie so often that you think 319 00:16:23,800 --> 00:16:27,280 Speaker 2: he wants the so called communist even though he is 320 00:16:27,320 --> 00:16:31,080 Speaker 2: a Democratic socialist at least self labeled to be there 321 00:16:31,120 --> 00:16:33,000 Speaker 2: for him as a foil for the next three and 322 00:16:33,040 --> 00:16:35,400 Speaker 2: a half years. What do you think Trump's motivations are 323 00:16:35,440 --> 00:16:36,920 Speaker 2: when it comes to the New York My oral race. 324 00:16:37,000 --> 00:16:39,240 Speaker 2: Is he looking at this as a New Yorker or 325 00:16:39,280 --> 00:16:42,720 Speaker 2: as a national Republican political figure. 326 00:16:44,040 --> 00:16:44,920 Speaker 9: Well, I would. 327 00:16:44,720 --> 00:16:47,080 Speaker 8: Say, for the record, I have no idea what motivates 328 00:16:47,120 --> 00:16:50,560 Speaker 8: Donald Trump. That being said, what we do know is 329 00:16:50,560 --> 00:16:55,040 Speaker 8: that he has a substantial business investment, including his own 330 00:16:55,200 --> 00:16:59,480 Speaker 8: image of being a successful New York businessman in New 331 00:16:59,600 --> 00:17:03,640 Speaker 8: York said right, and this could have an impact on 332 00:17:04,359 --> 00:17:07,640 Speaker 8: the businesses and the activities that he's been involved in 333 00:17:07,640 --> 00:17:10,159 Speaker 8: his entire life in New York City. I know there 334 00:17:10,160 --> 00:17:12,399 Speaker 8: are a lot of real estate developers in New York City, 335 00:17:12,840 --> 00:17:16,919 Speaker 8: him included, probably who are very fearful of this mandamie 336 00:17:16,960 --> 00:17:17,480 Speaker 8: as mayor. 337 00:17:18,080 --> 00:17:19,720 Speaker 9: That being said, you're. 338 00:17:19,600 --> 00:17:22,920 Speaker 8: Right, on the other hand, to be able to see 339 00:17:22,960 --> 00:17:25,800 Speaker 8: the rising star of the Democratic Party being an avowed 340 00:17:25,840 --> 00:17:32,239 Speaker 8: socialist who, as Andrew Cuomo said very articulately on our 341 00:17:32,280 --> 00:17:38,120 Speaker 8: show just now, wants to redistribute income is a very 342 00:17:38,119 --> 00:17:41,679 Speaker 8: hard thing to stomach if you're a Democrat run for 343 00:17:41,720 --> 00:17:44,960 Speaker 8: reelection in twenty twenty six. So Donald Trump will make 344 00:17:45,000 --> 00:17:47,919 Speaker 8: good use of that. I would doubt there are very 345 00:17:48,000 --> 00:17:51,600 Speaker 8: many candidates outside of the City of New York who 346 00:17:51,680 --> 00:17:55,520 Speaker 8: are going to include any of the Mondami platform in 347 00:17:55,560 --> 00:17:59,000 Speaker 8: their re election campaigns in Congress for twenty twenty six. 348 00:18:00,560 --> 00:18:05,160 Speaker 2: Is that why Jakeem Jeffries has not endorsed the Democratic nominee. 349 00:18:05,320 --> 00:18:07,520 Speaker 7: I mean, I can't speak to Leader Jeffries, but I 350 00:18:07,560 --> 00:18:10,639 Speaker 7: do think that Zorn mnd Demi's running a campaign that 351 00:18:10,880 --> 00:18:13,240 Speaker 7: again is really focused on issues that I think a 352 00:18:13,280 --> 00:18:15,439 Speaker 7: lot of Democrats are talking about right now. How we 353 00:18:15,480 --> 00:18:18,920 Speaker 7: can lower cross for the American people, and we don't 354 00:18:18,920 --> 00:18:20,480 Speaker 7: all have to agree on everything. I think that's the 355 00:18:20,560 --> 00:18:23,119 Speaker 7: nice thing about being Democrats. It's a big tent. But 356 00:18:23,160 --> 00:18:25,440 Speaker 7: I think where we're showing a real contrast is again 357 00:18:25,440 --> 00:18:27,680 Speaker 7: that we're leadser focused on how we can make life 358 00:18:27,680 --> 00:18:30,119 Speaker 7: more affordable people, keep them safe, put money back in 359 00:18:30,160 --> 00:18:31,800 Speaker 7: their pockets, and not hearing a lot of that from 360 00:18:31,800 --> 00:18:32,880 Speaker 7: Republicans on the other side. 361 00:18:33,000 --> 00:18:35,000 Speaker 2: Well, you know, maybe that endorsement doesn't matter. You look 362 00:18:35,040 --> 00:18:37,120 Speaker 2: at these numbers. Rick Davis seems to think this thing 363 00:18:37,160 --> 00:18:40,560 Speaker 2: is already baked. Does the Democratic leader in Congress matter 364 00:18:40,640 --> 00:18:43,880 Speaker 2: in a New York mayoral race, granted he's from New York. 365 00:18:43,960 --> 00:18:45,600 Speaker 7: Well, I think these racis tend to come down to 366 00:18:46,040 --> 00:18:48,960 Speaker 7: local issues and again local leaders, and I think zoren 367 00:18:49,080 --> 00:18:51,119 Speaker 7: is really distinguished himself in the field as somebody who 368 00:18:51,240 --> 00:18:52,960 Speaker 7: is focused on how it can make life better for 369 00:18:53,560 --> 00:18:55,840 Speaker 7: New Yorkers. And I think Governor Hcole jumped in and 370 00:18:55,920 --> 00:18:57,840 Speaker 7: endorse him because she's looking for a partner she can 371 00:18:57,880 --> 00:19:00,960 Speaker 7: work with as governor and make sure uniting the party 372 00:19:00,960 --> 00:19:03,960 Speaker 7: on what really matters, how we can lower across from people, 373 00:19:04,000 --> 00:19:06,399 Speaker 7: but also stand up against the President and the actions 374 00:19:06,400 --> 00:19:07,160 Speaker 7: he takes that hurt. 375 00:19:07,240 --> 00:19:09,520 Speaker 3: This is fascinating to Rick's point, where it's almost time 376 00:19:09,560 --> 00:19:10,080 Speaker 3: to vote. 377 00:19:09,880 --> 00:19:10,320 Speaker 8: In New York. 378 00:19:10,400 --> 00:19:11,760 Speaker 3: It's really gladity to make it both. 379 00:19:11,640 --> 00:19:14,240 Speaker 2: Way in on this and a great conversation David Goro 380 00:19:14,320 --> 00:19:18,240 Speaker 2: brought us with Andrew Cuomo Afuria Haskell. Thank you as always, 381 00:19:18,280 --> 00:19:21,240 Speaker 2: Democratic Governors Association, of course, our friend Rick Davis, Bloomberg 382 00:19:21,280 --> 00:19:24,760 Speaker 2: Politics contributor and Republican strategist partner at Stone Core Capital, 383 00:19:24,760 --> 00:19:26,800 Speaker 2: thank you so much for the great conversation. I'm Joe 384 00:19:26,800 --> 00:19:29,399 Speaker 2: Matthew in Washington. We've got another good one coming up 385 00:19:29,440 --> 00:19:32,359 Speaker 2: for you. Chris Sinunu is going to sit down with us. 386 00:19:32,359 --> 00:19:34,520 Speaker 2: The former governor of New Hampshire is on to the 387 00:19:34,560 --> 00:19:37,400 Speaker 2: next chapter of his career, but he's still talking politics. 388 00:19:36,920 --> 00:19:37,719 Speaker 5: And he's going to be with us. 389 00:19:37,760 --> 00:19:40,040 Speaker 2: Coming up next, Stay with us on Balance of Power. 390 00:19:40,080 --> 00:19:41,840 Speaker 2: We'll have much more coming up after this. 391 00:19:46,240 --> 00:19:49,720 Speaker 1: You're listening to the Bloomberg Balance of Power Podcast. Catch 392 00:19:49,760 --> 00:19:53,240 Speaker 1: us live weekdays at noon and five pm Eastern on Apple, 393 00:19:53,280 --> 00:19:56,320 Speaker 1: Cocklay and Android Auto with the Bloomberg Business app. You 394 00:19:56,320 --> 00:19:59,760 Speaker 1: can also listen live on Amazon Alexa from our flagship 395 00:19:59,760 --> 00:20:03,760 Speaker 1: News York station, Just Say Alexa played Bloomberg eleven thirty. 396 00:20:05,359 --> 00:20:07,960 Speaker 2: We've covered a lot of ground this hour, already ticked 397 00:20:08,000 --> 00:20:10,720 Speaker 2: our way through a possible government shut down, the better 398 00:20:10,760 --> 00:20:13,920 Speaker 2: than expected economic data we saw this morning, the New 399 00:20:14,000 --> 00:20:16,680 Speaker 2: York mayoral race, and we get to cook it all 400 00:20:16,720 --> 00:20:20,200 Speaker 2: down with an old voice on the show, a friend 401 00:20:20,240 --> 00:20:22,480 Speaker 2: of the program who has entered a new chapter in 402 00:20:22,560 --> 00:20:24,119 Speaker 2: his career. I don't know if I can even call 403 00:20:24,160 --> 00:20:29,600 Speaker 2: it a political career anymore. The former mayor, Republican mayor, mayor, 404 00:20:29,600 --> 00:20:29,960 Speaker 2: a mayor. 405 00:20:29,960 --> 00:20:31,480 Speaker 9: I've I just had a mayor. 406 00:20:31,960 --> 00:20:34,639 Speaker 2: It just came out of my mouth, voted the former 407 00:20:34,760 --> 00:20:37,120 Speaker 2: governor of the great State of New Hampshire, the live 408 00:20:37,200 --> 00:20:39,840 Speaker 2: free or Die state, Christian New Great to see you back, 409 00:20:39,880 --> 00:20:41,560 Speaker 2: to see you. You're not here as a senator or 410 00:20:41,560 --> 00:20:44,920 Speaker 2: a congressman. You came back to Washington as the CEO 411 00:20:45,000 --> 00:20:47,760 Speaker 2: of Airlines for America, which is the big trade group 412 00:20:48,160 --> 00:20:50,400 Speaker 2: for the industry. You and I have talked a bunch 413 00:20:50,480 --> 00:20:54,240 Speaker 2: about why you're not already down here seeking national office 414 00:20:54,359 --> 00:20:58,080 Speaker 2: or something beyond being governor. And you always had a 415 00:20:58,080 --> 00:20:59,720 Speaker 2: pretty good answer, because he didn't think he'd get a 416 00:20:59,760 --> 00:21:00,520 Speaker 2: lot done here. 417 00:21:00,800 --> 00:21:02,160 Speaker 3: What are you going to get done on this job? 418 00:21:02,359 --> 00:21:03,520 Speaker 9: Well, that's the excitement of it. 419 00:21:03,560 --> 00:21:05,919 Speaker 10: I mean when folks first said, hey, come to airlines 420 00:21:05,960 --> 00:21:08,240 Speaker 10: American and I said, well, it a tradio association, Washington. 421 00:21:08,280 --> 00:21:10,720 Speaker 10: You know, where's the connection with being governor? But the 422 00:21:10,800 --> 00:21:13,919 Speaker 10: fact that you're looking at rebuilding the air traffic control 423 00:21:13,960 --> 00:21:16,679 Speaker 10: system of America, which is desperately needed, I mean thirty 424 00:21:16,760 --> 00:21:19,840 Speaker 10: years of antiquated technology, and for the first time ever, 425 00:21:19,920 --> 00:21:22,440 Speaker 10: you have an administration that is making it top priority 426 00:21:22,480 --> 00:21:26,760 Speaker 10: of Secretary Defiant Transportation Brian who's now running the FA. 427 00:21:26,800 --> 00:21:29,360 Speaker 10: This great guy used to be the CEO Republic Airlines. 428 00:21:29,440 --> 00:21:32,200 Speaker 10: People that are really have hands on on the ground experience. 429 00:21:32,200 --> 00:21:35,119 Speaker 10: I thought this could be done. This could actually be 430 00:21:35,280 --> 00:21:37,840 Speaker 10: a win for not just Washington, but for the country 431 00:21:37,880 --> 00:21:40,639 Speaker 10: in terms of safety. A strategic asset and it's the 432 00:21:40,680 --> 00:21:43,760 Speaker 10: airlines and you have I mean, I'm not just saying this. 433 00:21:44,160 --> 00:21:46,880 Speaker 10: The CEOs of the airline industry right now are amazing. 434 00:21:47,040 --> 00:21:48,800 Speaker 10: These are some of the best CEOs in the country. 435 00:21:48,800 --> 00:21:51,000 Speaker 10: They are mission focused, They deal with all these strains, 436 00:21:51,000 --> 00:21:52,919 Speaker 10: international and domestic, and they. 437 00:21:52,840 --> 00:21:53,719 Speaker 9: All want the same thing. 438 00:21:53,720 --> 00:21:55,960 Speaker 10: They're all rolling in that same direction to make sure 439 00:21:55,960 --> 00:21:58,200 Speaker 10: that this system gets revitalized for the safety of the country. 440 00:21:58,240 --> 00:21:59,480 Speaker 3: It's a national security asset. 441 00:21:59,520 --> 00:22:03,480 Speaker 2: To your point earlier, Governor, I have a couple of 442 00:22:03,560 --> 00:22:05,280 Speaker 2: questions free about this, and I want to get into 443 00:22:05,320 --> 00:22:06,840 Speaker 2: the toy department with you a little bit, because you 444 00:22:06,920 --> 00:22:09,200 Speaker 2: must have an amazing shopping list on how exactly we're 445 00:22:09,200 --> 00:22:11,159 Speaker 2: going to build all of this out. But here we 446 00:22:11,200 --> 00:22:14,120 Speaker 2: are again on the verge of a possible government shut down. 447 00:22:14,200 --> 00:22:16,240 Speaker 2: It does appear that there's a carve out for the 448 00:22:16,280 --> 00:22:19,199 Speaker 2: air traffic control system, and we would expect that, but 449 00:22:19,280 --> 00:22:22,560 Speaker 2: would it mean other disruptions or problems for the industry. 450 00:22:22,800 --> 00:22:24,400 Speaker 9: It'll be a strain. So a couple of things. 451 00:22:24,480 --> 00:22:26,960 Speaker 10: Number One, the airlines still stay in the air right 452 00:22:27,040 --> 00:22:31,040 Speaker 10: TSA that does all the security, the FAA, which basically 453 00:22:31,040 --> 00:22:32,880 Speaker 10: make sure that the planes are landing safely on time. 454 00:22:33,040 --> 00:22:35,960 Speaker 10: Those are all deemed essential workers. Those folks come to work, 455 00:22:36,119 --> 00:22:38,080 Speaker 10: so the planes will will be there. Now will the 456 00:22:38,119 --> 00:22:41,320 Speaker 10: system be strained as it is often with these sharttowns. Absolutely, 457 00:22:41,359 --> 00:22:43,320 Speaker 10: And that's where we ask for people just to take 458 00:22:43,359 --> 00:22:45,840 Speaker 10: your time, be a little more patient, give yourself a 459 00:22:45,840 --> 00:22:46,680 Speaker 10: little extra time. 460 00:22:46,920 --> 00:22:48,639 Speaker 9: But the planes will get well, we'll get there. 461 00:22:48,880 --> 00:22:51,200 Speaker 2: Demand power, do you know, not everybody gets to work 462 00:22:51,280 --> 00:22:53,000 Speaker 2: or they're all working, whether they're all pay, but they're 463 00:22:53,040 --> 00:22:53,640 Speaker 2: working without pay. 464 00:22:53,720 --> 00:22:55,720 Speaker 9: Okay, they're working without pay. And so that's a lot 465 00:22:55,720 --> 00:22:56,399 Speaker 9: to ask. 466 00:22:56,160 --> 00:22:59,240 Speaker 2: TSA air traffic controlers, everybody you encounter at. 467 00:22:59,160 --> 00:23:01,960 Speaker 10: The airport, hundreds thousands of workers that make sure that 468 00:23:02,160 --> 00:23:04,040 Speaker 10: they all are asked to come to work day after day. 469 00:23:04,119 --> 00:23:06,120 Speaker 10: And so that's why a short look, a short shutdown 470 00:23:06,160 --> 00:23:09,240 Speaker 10: can be managed pretty well. The longer it goes as 471 00:23:09,240 --> 00:23:12,760 Speaker 10: you would expect, more days, more weeks, whatever potential might be, 472 00:23:13,000 --> 00:23:15,840 Speaker 10: that just really exponentially increases the strain on the system. 473 00:23:16,000 --> 00:23:18,600 Speaker 10: The system doesn't shut down, but it will get strained. 474 00:23:18,600 --> 00:23:20,919 Speaker 10: And so that's where you know, we're fighting hard to 475 00:23:20,920 --> 00:23:23,199 Speaker 10: not have the shutdown. We're fighting hard for folks up 476 00:23:23,200 --> 00:23:26,200 Speaker 10: on the hill here to understand what those repercussions are 477 00:23:26,240 --> 00:23:30,520 Speaker 10: because there could be a potential carve oute for the TSA. 478 00:23:30,680 --> 00:23:32,880 Speaker 10: But what is likely going to happen is all these 479 00:23:32,920 --> 00:23:34,840 Speaker 10: new things that are just happening, twelve and a half 480 00:23:34,880 --> 00:23:36,960 Speaker 10: billion dollars allocated, it all gets. 481 00:23:37,200 --> 00:23:38,320 Speaker 9: Comes to a screeching halt. 482 00:23:38,640 --> 00:23:42,800 Speaker 10: The new simulators they want to buy for FAA because 483 00:23:42,800 --> 00:23:45,640 Speaker 10: we need more manpower in those control towers. We want 484 00:23:45,680 --> 00:23:47,960 Speaker 10: to train people more. We want to get those certifications going. 485 00:23:48,240 --> 00:23:49,960 Speaker 10: All that comes to a screeching hal some of the 486 00:23:49,960 --> 00:23:52,480 Speaker 10: new technologies that are going to be implemented. Everyone has 487 00:23:52,520 --> 00:23:55,400 Speaker 10: to basically take a pause until the system is turned 488 00:23:55,400 --> 00:23:59,400 Speaker 10: back on again. So, you know, again, I've seen Washington. 489 00:23:59,400 --> 00:24:02,119 Speaker 10: We've all seen Washington fail time and time again. But 490 00:24:02,200 --> 00:24:04,960 Speaker 10: when you're talking air traffic ConTroll re form, this thing 491 00:24:05,040 --> 00:24:05,440 Speaker 10: is moving. 492 00:24:05,520 --> 00:24:06,480 Speaker 9: It's really exciting. 493 00:24:06,640 --> 00:24:09,680 Speaker 10: Yeah, you know, Senator Cruz has been an absolute leader. 494 00:24:09,720 --> 00:24:14,120 Speaker 10: Center Collins Susan Collins have made a leader or Congressman 495 00:24:14,160 --> 00:24:16,439 Speaker 10: Graves just absolutely gets it. 496 00:24:16,680 --> 00:24:17,879 Speaker 9: Everyone's pushing hard. 497 00:24:18,080 --> 00:24:21,439 Speaker 10: No one's accepting failure, which is what makes it exciting 498 00:24:21,440 --> 00:24:23,600 Speaker 10: and what makes the potential shut down really scary. 499 00:24:23,760 --> 00:24:26,040 Speaker 2: Well, it is scary when you frame it like that. 500 00:24:26,480 --> 00:24:29,960 Speaker 2: Let's talk about resources. You don't have enough money to 501 00:24:29,960 --> 00:24:31,480 Speaker 2: do this all now, right, Congress is going to have 502 00:24:31,520 --> 00:24:34,680 Speaker 2: to have a couple of layers. I presume of funding approvals. 503 00:24:34,720 --> 00:24:36,800 Speaker 2: You have the President behind you on. Yes, we did 504 00:24:36,800 --> 00:24:38,920 Speaker 2: talk to Senator Cruz about what would be involved here. 505 00:24:38,960 --> 00:24:39,480 Speaker 5: This is a. 506 00:24:39,560 --> 00:24:43,200 Speaker 2: Massive This would be an unprecedented undertaking to essentially rebuild 507 00:24:43,280 --> 00:24:46,119 Speaker 2: the American air traffic control system. The President talks about 508 00:24:46,280 --> 00:24:50,520 Speaker 2: copper going into fiber going into IP. It's a Frankenstein 509 00:24:51,119 --> 00:24:54,680 Speaker 2: looking system. Now, how long would it take to rebuild? 510 00:24:55,040 --> 00:24:57,439 Speaker 9: Great question? So first let's you hit it right on 511 00:24:57,440 --> 00:24:57,680 Speaker 9: the head. 512 00:24:57,720 --> 00:25:00,399 Speaker 10: It's a bit of a Frankensign patchwork system with loppy 513 00:25:00,440 --> 00:25:04,280 Speaker 10: disks and copper landlines for communication, and that's really what 514 00:25:04,359 --> 00:25:07,359 Speaker 10: it is more than anything. It's a communication system between 515 00:25:07,400 --> 00:25:11,040 Speaker 10: the planes, planes to ground, ground to ground, more than anything. 516 00:25:11,080 --> 00:25:13,920 Speaker 10: And so when you're talking about the epitome of safety 517 00:25:13,960 --> 00:25:16,080 Speaker 10: with folks in the air, that's where it gets scary. 518 00:25:16,119 --> 00:25:20,560 Speaker 10: And obviously the tragedy that happened last January was I mean, 519 00:25:20,560 --> 00:25:23,919 Speaker 10: it was incredibly severe that everyone in this town and 520 00:25:23,960 --> 00:25:26,480 Speaker 10: across the country stood up and said, yeah, this should 521 00:25:26,480 --> 00:25:29,040 Speaker 10: have been done literally thirty years ago. Let's go, let's 522 00:25:29,040 --> 00:25:30,680 Speaker 10: get it together. Now, how long will it take. It'll 523 00:25:30,680 --> 00:25:33,920 Speaker 10: take a few years. Congress has allocated twelve and a 524 00:25:33,960 --> 00:25:36,199 Speaker 10: half billion. That's a good chunk of change. But when 525 00:25:36,240 --> 00:25:40,320 Speaker 10: you're talking about the most technologically advanced overhaul system that's 526 00:25:40,320 --> 00:25:43,280 Speaker 10: this project this country's ever seen, it's going to take 527 00:25:43,280 --> 00:25:43,959 Speaker 10: a lot more than that. 528 00:25:44,119 --> 00:25:46,720 Speaker 9: But we've kind of outlined what are the quick wins. 529 00:25:46,760 --> 00:25:49,120 Speaker 10: Let's get the copper, old fashioned copper out of ground 530 00:25:49,160 --> 00:25:51,760 Speaker 10: and put fiber in the ground so these towers it 531 00:25:51,840 --> 00:25:54,800 Speaker 10: can talk to each other. Let's upgrade, like I said, 532 00:25:54,800 --> 00:25:59,280 Speaker 10: the simulators, the opportunities to bring more people, younger people, 533 00:25:59,680 --> 00:26:02,679 Speaker 10: new world workers into the FAA into those control towers, 534 00:26:02,880 --> 00:26:05,440 Speaker 10: so you have the redundancy. Those are easy and short 535 00:26:05,440 --> 00:26:09,080 Speaker 10: wins that the Secretary understands, that the FAA understands, and that. 536 00:26:09,000 --> 00:26:10,000 Speaker 9: We think are going to be undertaken. 537 00:26:10,000 --> 00:26:11,720 Speaker 2: Pretty you get that done, that's I guess the low 538 00:26:11,760 --> 00:26:14,640 Speaker 2: hanging fit. Do you essentially then end up building a 539 00:26:14,720 --> 00:26:18,120 Speaker 2: tandem system. It's like building the other Cape Cod Bridge 540 00:26:18,160 --> 00:26:20,000 Speaker 2: and then eventually you just move everybody over to the 541 00:26:20,040 --> 00:26:22,480 Speaker 2: new one or does it actually have to be integrated 542 00:26:22,480 --> 00:26:23,480 Speaker 2: into the exist It would be. 543 00:26:23,520 --> 00:26:25,320 Speaker 10: Great to build a whole new system and to the 544 00:26:25,320 --> 00:26:27,040 Speaker 10: old one off and the new one. You can't do that, 545 00:26:27,240 --> 00:26:29,280 Speaker 10: and it'd be great to do it nationally all at once. 546 00:26:29,400 --> 00:26:32,000 Speaker 10: You just can't do that. So what I think the 547 00:26:32,040 --> 00:26:33,280 Speaker 10: way they're going to go about it, they're going to 548 00:26:33,320 --> 00:26:35,480 Speaker 10: bring what they call an integrator, kind of an overseer 549 00:26:35,600 --> 00:26:36,800 Speaker 10: if you will, of the project. 550 00:26:37,040 --> 00:26:38,479 Speaker 9: Sometimes that doesn't go well, right. 551 00:26:38,520 --> 00:26:42,239 Speaker 10: So the fact is the Secretary Defy knows there's got 552 00:26:42,280 --> 00:26:43,359 Speaker 10: to be accountability in that. 553 00:26:43,359 --> 00:26:44,200 Speaker 9: There's got to be standards. 554 00:26:44,240 --> 00:26:45,720 Speaker 10: To your point, there's got to be a schedule that 555 00:26:45,760 --> 00:26:48,000 Speaker 10: has to be kept because the president's behind it, and 556 00:26:48,040 --> 00:26:50,800 Speaker 10: he's behind it very loudly. So anyone that comes on 557 00:26:50,880 --> 00:26:53,680 Speaker 10: board and isn't achieving those goals, they're going to be 558 00:26:53,680 --> 00:26:55,679 Speaker 10: held to a very a loud and public standard. Like 559 00:26:55,720 --> 00:26:58,840 Speaker 10: this is not Washington as usual, which is awesome. This 560 00:26:59,000 --> 00:27:01,399 Speaker 10: is you know, when I came I came down here 561 00:27:01,400 --> 00:27:03,719 Speaker 10: about them not even a month ago, and I told everybody, 562 00:27:03,760 --> 00:27:06,719 Speaker 10: I said, look, Washington is moving faster than ever because 563 00:27:06,720 --> 00:27:09,439 Speaker 10: of President Trump in this administration. So if you're going 564 00:27:09,520 --> 00:27:11,880 Speaker 10: to keep moving at Washington pace, it ain't going to work. 565 00:27:12,240 --> 00:27:13,800 Speaker 10: We got to not just keep up, but we got 566 00:27:13,840 --> 00:27:16,120 Speaker 10: to you know, sprint just to keep just to keep 567 00:27:16,160 --> 00:27:18,000 Speaker 10: pace with these guys. But the team is there to 568 00:27:18,040 --> 00:27:20,080 Speaker 10: do it, which is really exciting. So what's going to 569 00:27:20,080 --> 00:27:21,360 Speaker 10: happen is they're going to look at it, I think 570 00:27:21,400 --> 00:27:24,359 Speaker 10: regionally and kind of three or four major pieces of 571 00:27:24,359 --> 00:27:27,720 Speaker 10: the system that get overhauled and patchworked in and replaced 572 00:27:27,720 --> 00:27:28,320 Speaker 10: one at a time. 573 00:27:28,359 --> 00:27:31,800 Speaker 2: Boy, fascinating christ tag on this, But this is a 574 00:27:31,840 --> 00:27:34,520 Speaker 2: Congress that can't even keep the lights on. It looks 575 00:27:34,560 --> 00:27:36,760 Speaker 2: like by the time we get to next Wednesday, do 576 00:27:36,800 --> 00:27:38,920 Speaker 2: you trust lawmakers with coming up with the money or 577 00:27:38,920 --> 00:27:40,200 Speaker 2: do you have other sources of funding? 578 00:27:40,520 --> 00:27:43,080 Speaker 10: So I believe that the additional sources of funding will 579 00:27:43,080 --> 00:27:45,919 Speaker 10: be there if and when we achieve those results. I 580 00:27:45,920 --> 00:27:48,119 Speaker 10: see what I've said is, get these three or four wins. 581 00:27:48,240 --> 00:27:51,080 Speaker 10: Show Congress it's a win, show some progress, show that 582 00:27:51,119 --> 00:27:53,359 Speaker 10: it's working. And when you do that, as a governor, 583 00:27:53,359 --> 00:27:54,840 Speaker 10: I can tell you we did it in New Hampshire. 584 00:27:54,880 --> 00:27:58,520 Speaker 10: The legislature says, oh okay, it's working. There's accountability, there's standards. 585 00:27:58,560 --> 00:28:01,280 Speaker 10: This isn't just a black hole of money. We're getting something, 586 00:28:01,280 --> 00:28:05,120 Speaker 10: a return on our investment. The systems getting safer. Americans 587 00:28:05,160 --> 00:28:07,399 Speaker 10: are getting whether there's better customer service on the front, 588 00:28:07,440 --> 00:28:10,000 Speaker 10: back end, or sometimes the side you don't see, which 589 00:28:10,040 --> 00:28:11,960 Speaker 10: is just making sure that plane lands safely on time, 590 00:28:12,000 --> 00:28:14,440 Speaker 10: gets to your gate, and folks have confidence in the system. 591 00:28:14,520 --> 00:28:16,760 Speaker 10: Really interesting, when all those pieces come together, I have 592 00:28:16,800 --> 00:28:19,439 Speaker 10: no doubt that Congress will. We'll take further actions and 593 00:28:19,480 --> 00:28:21,760 Speaker 10: again keep that investment coming to make sure that this 594 00:28:21,840 --> 00:28:24,480 Speaker 10: system is built out to fruition, not just piecemeal, not 595 00:28:24,640 --> 00:28:27,800 Speaker 10: just we tried something it didn't work. Failure really isn't 596 00:28:27,800 --> 00:28:29,960 Speaker 10: an option given the level of safety that we're talking. 597 00:28:30,040 --> 00:28:31,560 Speaker 3: You sound like you've been in this business year. Hold, 598 00:28:31,680 --> 00:28:31,920 Speaker 3: I love it. 599 00:28:31,960 --> 00:28:33,600 Speaker 10: I don't know, it's been two weeks. I'm having a ball, 600 00:28:33,680 --> 00:28:35,439 Speaker 10: I really. I love the people I work with, I 601 00:28:35,480 --> 00:28:38,200 Speaker 10: love the projects. And there's all the challenges too. It's 602 00:28:38,200 --> 00:28:40,520 Speaker 10: not just air traffic control, right, there's all these other 603 00:28:40,600 --> 00:28:42,880 Speaker 10: challenges that the airlines deal with on a day to 604 00:28:42,960 --> 00:28:46,360 Speaker 10: day basis. But here in Washington, whether it's some other technology, 605 00:28:46,600 --> 00:28:50,280 Speaker 10: technology issues, some policy, you know, they're going after deregulation hard. 606 00:28:50,320 --> 00:28:52,880 Speaker 10: That's no secret around here, which is awesome. The previous 607 00:28:52,880 --> 00:28:55,760 Speaker 10: administration was really tough. They really over to radiate regulation 608 00:28:55,880 --> 00:28:57,800 Speaker 10: mean for the airline business, it means getting rid of 609 00:28:57,840 --> 00:29:00,480 Speaker 10: all the Look, there was basically so much regulation put 610 00:29:00,520 --> 00:29:02,880 Speaker 10: on in the last four years with the previous administration, 611 00:29:03,040 --> 00:29:06,560 Speaker 10: where basically they had to do drastically less flights. They 612 00:29:06,560 --> 00:29:08,640 Speaker 10: had to find ways to fit more people on planes, 613 00:29:08,680 --> 00:29:11,000 Speaker 10: crowded in less flights per day. That was the mandate, 614 00:29:11,080 --> 00:29:12,600 Speaker 10: just you know, do less flights. 615 00:29:12,880 --> 00:29:17,160 Speaker 2: We want more flights because of the number of hours 616 00:29:17,160 --> 00:29:18,960 Speaker 2: pilots can fly or was it a number of facts? 617 00:29:18,960 --> 00:29:21,040 Speaker 10: I think there were some environmental issues that and those 618 00:29:21,040 --> 00:29:23,920 Speaker 10: are very important issues. The industry has taken a lead 619 00:29:24,000 --> 00:29:25,560 Speaker 10: on sustainable aviation fuel. 620 00:29:26,200 --> 00:29:27,600 Speaker 9: They're putting hundreds. 621 00:29:27,280 --> 00:29:29,400 Speaker 10: Of millions of dollars of their own money into new 622 00:29:29,440 --> 00:29:33,000 Speaker 10: technologies on sustainable, clean energy, clean aviation fuel, which is awesome. 623 00:29:33,160 --> 00:29:35,000 Speaker 10: We're not just saying, hey, government, you do it. Sure, 624 00:29:35,040 --> 00:29:37,280 Speaker 10: the industry's taking the lead. So it's very exciting. But 625 00:29:37,320 --> 00:29:39,760 Speaker 10: the previous administration was pretty tough. But now that it's 626 00:29:39,800 --> 00:29:43,360 Speaker 10: not that the regulations are just off, they're more streamlined 627 00:29:43,360 --> 00:29:45,200 Speaker 10: to make sure it's a better customer service and a 628 00:29:45,760 --> 00:29:46,360 Speaker 10: safer system. 629 00:29:46,360 --> 00:29:49,160 Speaker 2: As a whole, your industry is not only a national 630 00:29:49,160 --> 00:29:52,240 Speaker 2: security asset, it's also an economic indicator. Remember the old 631 00:29:52,480 --> 00:29:54,880 Speaker 2: has goes GM, so goes the nation. That as goes 632 00:29:54,880 --> 00:29:57,920 Speaker 2: the airline business. Right, you have a better sense on 633 00:29:57,960 --> 00:30:00,400 Speaker 2: how many seats you're filling, on how many lanes you 634 00:30:00,400 --> 00:30:02,160 Speaker 2: need to have in the air where this economy is going. 635 00:30:02,160 --> 00:30:04,080 Speaker 2: And there's a big conversation in Washington right now. Are 636 00:30:04,120 --> 00:30:06,800 Speaker 2: we slowing down? There's some weakness in the job market, 637 00:30:06,840 --> 00:30:09,920 Speaker 2: there's a lot of noise with tariffs, Canadians don't want 638 00:30:09,920 --> 00:30:12,360 Speaker 2: to come to New Hampshire anymore when you add all 639 00:30:12,400 --> 00:30:12,920 Speaker 2: of this up. 640 00:30:12,920 --> 00:30:15,120 Speaker 9: Or well maybe they don't want to come to Massachusetts. 641 00:30:14,560 --> 00:30:15,080 Speaker 8: But after. 642 00:30:16,560 --> 00:30:18,680 Speaker 2: Bet it's fromont But you know what I'm saying, are 643 00:30:18,680 --> 00:30:20,640 Speaker 2: we on a trajectory of growth right now? Or are 644 00:30:20,640 --> 00:30:21,880 Speaker 2: we at the beginning of a slowdown? 645 00:30:22,160 --> 00:30:23,520 Speaker 9: It's growth, there's no question. 646 00:30:23,640 --> 00:30:27,480 Speaker 10: So a couple really interesting metrics that I didn't even 647 00:30:27,520 --> 00:30:30,400 Speaker 10: know since for the over the last five or six years, 648 00:30:30,640 --> 00:30:33,400 Speaker 10: the average price of an airline ticket in this country is. 649 00:30:33,320 --> 00:30:34,600 Speaker 9: Down, No kidding, it's not. 650 00:30:34,640 --> 00:30:36,760 Speaker 10: It's not just up a little bit where every you know, 651 00:30:36,800 --> 00:30:38,719 Speaker 10: inflation has taken everything twenty five percent up. 652 00:30:38,920 --> 00:30:39,080 Speaker 7: Call. 653 00:30:39,160 --> 00:30:42,400 Speaker 10: The competition that has happened has you know, forced a 654 00:30:42,880 --> 00:30:45,680 Speaker 10: more options for a consumer. You can buy a much 655 00:30:45,760 --> 00:30:47,880 Speaker 10: cheaper ticket if you want, You can decide not to 656 00:30:47,920 --> 00:30:50,240 Speaker 10: take baggage or take bag, you can design your own 657 00:30:50,280 --> 00:30:52,560 Speaker 10: experience on the plane at a much cheaper prit. 658 00:30:52,480 --> 00:30:55,520 Speaker 2: Less at the whim of the economy is at your point, No, 659 00:30:55,640 --> 00:30:57,680 Speaker 2: it's because the competition is so strong. 660 00:30:57,680 --> 00:31:00,280 Speaker 10: It's a great argument that why why free markets work. 661 00:31:00,600 --> 00:31:03,480 Speaker 10: And when they compete, the prices have come down where 662 00:31:03,480 --> 00:31:06,200 Speaker 10: the opportunity really is on that international market. I think 663 00:31:07,040 --> 00:31:09,840 Speaker 10: what the President has done with most of the general 664 00:31:09,880 --> 00:31:12,400 Speaker 10: agreements is make sure that it's a zero for zero 665 00:31:12,480 --> 00:31:15,600 Speaker 10: terrif issue on the airlines and specifically on the manufacturers 666 00:31:15,600 --> 00:31:18,200 Speaker 10: and the price in the parts. So at least with 667 00:31:18,320 --> 00:31:20,840 Speaker 10: the European Union, that was a big one, a big 668 00:31:20,880 --> 00:31:21,480 Speaker 10: win for them. 669 00:31:21,480 --> 00:31:22,120 Speaker 9: I mean, we got to. 670 00:31:22,120 --> 00:31:23,760 Speaker 10: Codify it, as all these tarif deals have to be 671 00:31:23,840 --> 00:31:27,160 Speaker 10: ultimately codified, but that was a huge win there in 672 00:31:27,240 --> 00:31:30,400 Speaker 10: terms of making sure that the terrif issue isn't going 673 00:31:30,440 --> 00:31:33,480 Speaker 10: to somehow inflate prices or cause some sort of strain. 674 00:31:33,840 --> 00:31:36,760 Speaker 10: Like I said, I was just shocked to learn that competition. 675 00:31:37,120 --> 00:31:39,040 Speaker 10: Do you know anything else in America that has come 676 00:31:39,080 --> 00:31:40,480 Speaker 10: down in price in five years? 677 00:31:40,840 --> 00:31:42,400 Speaker 9: I literally can't. I can't think of it. 678 00:31:42,560 --> 00:31:44,600 Speaker 2: And they still seem kind of expensive, I have to admit, 679 00:31:44,600 --> 00:31:46,560 Speaker 2: which is why I'm amazed to hear that. 680 00:31:46,680 --> 00:31:47,880 Speaker 9: But again, but they're not. 681 00:31:48,040 --> 00:31:50,800 Speaker 10: I mean there's this idea that, oh, there's the prices 682 00:31:50,800 --> 00:31:53,560 Speaker 10: that are screaming high. I think because they allow you 683 00:31:53,640 --> 00:31:55,960 Speaker 10: to develop your own experience. So if you want to 684 00:31:56,000 --> 00:31:58,000 Speaker 10: take an extra bag or whatever, you pay a little 685 00:31:58,040 --> 00:31:58,360 Speaker 10: more here. 686 00:31:58,520 --> 00:32:00,280 Speaker 9: But that base price of a ticket. 687 00:32:00,280 --> 00:32:02,000 Speaker 10: Has gone down about two or three percent over the 688 00:32:02,080 --> 00:32:04,560 Speaker 10: last few years, which is which means more families can 689 00:32:04,600 --> 00:32:07,920 Speaker 10: afford whether it's for vacationing or traveling. You know, we 690 00:32:08,160 --> 00:32:10,920 Speaker 10: didn't touch upon something here. What's coming up? The holidays? 691 00:32:11,160 --> 00:32:13,160 Speaker 10: So when you talk about government shut down and putting 692 00:32:13,160 --> 00:32:15,200 Speaker 10: a strain on the system, I don't know about you. 693 00:32:15,320 --> 00:32:16,960 Speaker 9: What do you do for Thanksgiving? Do you go? Do 694 00:32:17,000 --> 00:32:18,800 Speaker 9: you stay at home? Do Christmas? Do travel? 695 00:32:18,800 --> 00:32:20,080 Speaker 3: What do you try to go home? Yeah? 696 00:32:20,160 --> 00:32:22,520 Speaker 2: You try to go, but I'm usually driving because it's 697 00:32:22,520 --> 00:32:23,920 Speaker 2: so and then I end up taking ten. 698 00:32:23,800 --> 00:32:24,840 Speaker 3: Hours to get to New England. 699 00:32:25,120 --> 00:32:26,760 Speaker 9: So many million guar home this year? 700 00:32:27,240 --> 00:32:29,280 Speaker 10: Can I get you home this year to New England? Well, 701 00:32:29,600 --> 00:32:32,320 Speaker 10: everyone's loving the airlines, so they're flying. If we stay open, 702 00:32:32,400 --> 00:32:34,360 Speaker 10: if there's no you shut down, I'll do what I 703 00:32:34,360 --> 00:32:34,640 Speaker 10: can do. 704 00:32:34,720 --> 00:32:37,120 Speaker 2: We get a supersonic when do we get a concord 705 00:32:37,160 --> 00:32:39,360 Speaker 2: for the few? When's the supersonic jet going to be 706 00:32:39,400 --> 00:32:41,880 Speaker 2: part of that was fleet? That would be that you're 707 00:32:41,920 --> 00:32:42,680 Speaker 2: now helping a run. 708 00:32:42,800 --> 00:32:43,440 Speaker 3: I don't know, but. 709 00:32:43,400 --> 00:32:45,600 Speaker 10: I'm going to make that the next Let me get 710 00:32:45,720 --> 00:32:48,360 Speaker 10: on taking are of yea and then we'll work on. 711 00:32:48,480 --> 00:32:50,760 Speaker 2: The super technology is a big part of your industry 712 00:32:50,800 --> 00:32:54,240 Speaker 2: here obviously, and the CEOs that you mentioned are using 713 00:32:54,280 --> 00:32:56,440 Speaker 2: it to improve things a lot. 714 00:32:56,560 --> 00:32:57,840 Speaker 3: Forget the planes for a minute. 715 00:32:57,920 --> 00:32:59,959 Speaker 2: When does AI become a factor or is it all 716 00:33:00,080 --> 00:33:01,720 Speaker 2: ready in the call centers at the airlines? 717 00:33:01,960 --> 00:33:03,800 Speaker 9: AI is already in place. I mean AI is in 718 00:33:03,840 --> 00:33:04,760 Speaker 9: place almost everywhere. 719 00:33:04,800 --> 00:33:07,480 Speaker 10: So whether it's call centers, whether it's helping with dynamic pricing, 720 00:33:07,560 --> 00:33:09,920 Speaker 10: whether it's making sure that you can create, like I said, 721 00:33:09,960 --> 00:33:12,200 Speaker 10: create your own package and model. Whether you want a 722 00:33:12,280 --> 00:33:14,400 Speaker 10: NonStop flight, whether you want to stop in Des Moin, 723 00:33:14,480 --> 00:33:16,720 Speaker 10: whether you want to take an extra bag, whether you 724 00:33:16,840 --> 00:33:18,600 Speaker 10: want just to sit in the back, sit in the front, 725 00:33:18,880 --> 00:33:21,240 Speaker 10: have extra legroom, whatever it is. You're kind of designing 726 00:33:21,280 --> 00:33:23,480 Speaker 10: your own system, and AI does that helps with a 727 00:33:23,520 --> 00:33:26,440 Speaker 10: lot of that dynamic pricing, which has kept the competition 728 00:33:26,600 --> 00:33:28,680 Speaker 10: and the price is low. When we're talking about air 729 00:33:28,720 --> 00:33:31,000 Speaker 10: traffic control, of course AI is going to come into play. 730 00:33:31,280 --> 00:33:33,040 Speaker 9: The robots aren't landing your planes. Don't. 731 00:33:33,200 --> 00:33:37,720 Speaker 10: Let's not make any mistake about that, butts. But having 732 00:33:37,760 --> 00:33:39,520 Speaker 10: a backup system that says, you know what the weather 733 00:33:39,600 --> 00:33:42,360 Speaker 10: in Los Angeles and we have a flight leaving Des Moines, 734 00:33:42,520 --> 00:33:44,959 Speaker 10: but that could affect this connecting flight out of Miami 735 00:33:45,240 --> 00:33:48,400 Speaker 10: and in real time crunch all that data to say, hey, 736 00:33:48,440 --> 00:33:51,680 Speaker 10: the incoming flight from Chicago to Boston, let's let's get 737 00:33:51,720 --> 00:33:52,800 Speaker 10: that out of the gate a little faster. 738 00:33:52,960 --> 00:33:54,560 Speaker 3: Getting the data from the government that you need. 739 00:33:54,680 --> 00:33:58,560 Speaker 10: On that front, the airlines work very closely. And it's 740 00:33:58,560 --> 00:34:00,760 Speaker 10: not just with the government. I mean, I've made such 741 00:34:00,840 --> 00:34:03,720 Speaker 10: huge investments in their own own data. Yeah, their own data, 742 00:34:03,720 --> 00:34:05,880 Speaker 10: their owning when it comes to the weather specifically, and 743 00:34:05,960 --> 00:34:07,800 Speaker 10: when the FAA gets it, you know, when when the 744 00:34:08,000 --> 00:34:10,759 Speaker 10: real bulk of the rebuild of the of the air 745 00:34:10,800 --> 00:34:14,000 Speaker 10: traffic control system comes underway. Obviously, again, AI want us 746 00:34:14,040 --> 00:34:15,400 Speaker 10: to be on the front end, but the back end 747 00:34:15,440 --> 00:34:18,040 Speaker 10: as a kind of a redundancy of a back check 748 00:34:18,080 --> 00:34:20,359 Speaker 10: system in a variety of different ways, just to make 749 00:34:20,400 --> 00:34:23,120 Speaker 10: sure that folks are getting from A to B faster, safer, uh, 750 00:34:23,239 --> 00:34:24,799 Speaker 10: and with confidence you get to fly free. 751 00:34:24,880 --> 00:34:27,759 Speaker 9: Now do I fly for Yeah? 752 00:34:27,800 --> 00:34:29,480 Speaker 5: I do I fly for free? 753 00:34:29,719 --> 00:34:30,000 Speaker 3: Answer? 754 00:34:30,400 --> 00:34:31,480 Speaker 9: I haven't flown. 755 00:34:31,640 --> 00:34:33,880 Speaker 10: I just really jobbed two weeks ago. Oh man, let's down, 756 00:34:34,520 --> 00:34:36,319 Speaker 10: Let's go to Nashville, We'll go to Vegas. I'll find 757 00:34:36,320 --> 00:34:37,799 Speaker 10: out if I fly for free, and I will let 758 00:34:37,840 --> 00:34:39,080 Speaker 10: you know when I come back in a week. 759 00:34:39,200 --> 00:34:40,719 Speaker 3: All right, fantastic, Please do come back. 760 00:34:40,800 --> 00:34:41,440 Speaker 9: It's great to see you. 761 00:34:41,440 --> 00:34:43,520 Speaker 3: I'm happy this well now, neighbors. 762 00:34:43,640 --> 00:34:44,279 Speaker 5: Yeah, this is you know. 763 00:34:44,320 --> 00:34:45,719 Speaker 9: I used to be a cynic about this town, but 764 00:34:45,800 --> 00:34:47,800 Speaker 9: now I'm like Shrek. I love the swamp. 765 00:34:48,040 --> 00:34:48,440 Speaker 5: I love it. 766 00:34:48,719 --> 00:34:50,560 Speaker 9: This is this is my swamp now, and I'm loving it. 767 00:34:51,040 --> 00:34:51,879 Speaker 3: I love that as well. 768 00:34:52,000 --> 00:34:54,800 Speaker 2: Chris Sanunu, the former governor, yes, governor of New Hampshire. 769 00:34:55,320 --> 00:34:57,800 Speaker 2: What a great opportunity to catch up on things without 770 00:34:58,120 --> 00:35:00,720 Speaker 2: the pressure of elected office. He's the the new CEO 771 00:35:00,840 --> 00:35:03,920 Speaker 2: of Airlines for America, of course, former Republican governor. You 772 00:35:04,000 --> 00:35:05,680 Speaker 2: never know who you're gonna bump into around here. We're 773 00:35:05,680 --> 00:35:08,080 Speaker 2: gonna have to make this a regular thing. Thanks for 774 00:35:08,160 --> 00:35:11,239 Speaker 2: listening to the Balance of Power podcast. Make sure to 775 00:35:11,280 --> 00:35:14,400 Speaker 2: subscribe if you haven't already, at Apple, Spotify, or wherever 776 00:35:14,440 --> 00:35:17,040 Speaker 2: you get your podcasts, and you can find us live 777 00:35:17,160 --> 00:35:20,920 Speaker 2: every weekday from Washington, DC at noontime Eastern at Bloomberg 778 00:35:21,000 --> 00:35:21,399 Speaker 2: dot com.