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This 31 00:01:43,680 --> 00:01:51,160 Speaker 1: is a sponsor I absolutely embrace, so use that code well. 32 00:01:51,200 --> 00:01:53,680 Speaker 1: As we get to the run up of not Just 33 00:01:53,760 --> 00:01:57,160 Speaker 1: Campaign twenty twenty six week Campaign twenty twenty eight, one 34 00:01:57,240 --> 00:01:59,640 Speaker 1: of the things I'm going to actively be seeking out 35 00:02:00,320 --> 00:02:05,800 Speaker 1: are academics and authors and historians that are that are 36 00:02:05,840 --> 00:02:09,400 Speaker 1: trying to lay out visions that look forward, not necessarily 37 00:02:09,400 --> 00:02:15,480 Speaker 1: relitigating the past and whether it's in How are we 38 00:02:15,520 --> 00:02:18,680 Speaker 1: going to reform and change and modernize the public education system, 39 00:02:18,680 --> 00:02:23,079 Speaker 1: which I think is something that I hope our next 40 00:02:23,120 --> 00:02:28,680 Speaker 1: presidential campaign can begin to discuss. And in that vein, 41 00:02:28,919 --> 00:02:33,440 Speaker 1: there's a terrific new book out by a professor at 42 00:02:33,480 --> 00:02:37,480 Speaker 1: the University of Texas Law School, by Michelle Dickerson. She's 43 00:02:37,520 --> 00:02:38,239 Speaker 1: my guest today. 44 00:02:38,440 --> 00:02:39,040 Speaker 2: The book is. 45 00:02:38,960 --> 00:02:43,359 Speaker 1: Called The middle Class New Deal, Restoring Upward Mobility and 46 00:02:43,400 --> 00:02:49,120 Speaker 1: the American Dream. This is more than just a white 47 00:02:49,200 --> 00:02:54,400 Speaker 1: paper of saying of aspiration. This is a book with 48 00:02:55,040 --> 00:02:59,560 Speaker 1: a detailed blueprint for how we should tackle this. And 49 00:02:59,600 --> 00:03:02,079 Speaker 1: what's in interesting about this and I'm going to shut 50 00:03:02,120 --> 00:03:05,720 Speaker 1: up here in a minute and bring in Michelle, is 51 00:03:06,800 --> 00:03:08,960 Speaker 1: that I view it as this better be a book 52 00:03:08,960 --> 00:03:11,239 Speaker 1: that anybody running for president, I don't care which party 53 00:03:11,280 --> 00:03:14,160 Speaker 1: you're running from, ought to read, because whether you're a 54 00:03:14,200 --> 00:03:18,640 Speaker 1: liberal or conservative, the goals that are outlined here in 55 00:03:18,720 --> 00:03:25,480 Speaker 1: this book, I think are something that frankly, both the 56 00:03:25,600 --> 00:03:29,240 Speaker 1: left and the right aspire to. We're just disagreeing on 57 00:03:29,480 --> 00:03:33,520 Speaker 1: how we get there. But it does begin here with 58 00:03:35,080 --> 00:03:37,240 Speaker 1: I think the reminder that in order to have a 59 00:03:37,240 --> 00:03:40,080 Speaker 1: middle class, you actually have to have government policy that 60 00:03:40,200 --> 00:03:43,400 Speaker 1: wants to have a middle class. And I think that 61 00:03:43,520 --> 00:03:47,320 Speaker 1: was before we begin our conversation. The most important insight 62 00:03:47,440 --> 00:03:49,640 Speaker 1: I think that I took away from this book. So, 63 00:03:49,720 --> 00:03:53,000 Speaker 1: without further ado, let me bring in Michelle Dickerson, University 64 00:03:53,040 --> 00:03:58,360 Speaker 1: of Texas Law School. Been there, multiple books, She's written 65 00:03:58,440 --> 00:04:03,000 Speaker 1: multiple books. Is again not a I don't this doesn't 66 00:04:03,000 --> 00:04:05,000 Speaker 1: strike me. It didn't strike me as a political book. 67 00:04:05,280 --> 00:04:09,400 Speaker 1: It struck me as a answer to the economic anxiety 68 00:04:09,880 --> 00:04:13,520 Speaker 1: that has essentially been reflected in what has been now 69 00:04:13,560 --> 00:04:16,400 Speaker 1: twenty years of what I call vote against politics. We 70 00:04:16,480 --> 00:04:18,839 Speaker 1: know what we don't want, nobody's yet come up with 71 00:04:18,920 --> 00:04:21,640 Speaker 1: the answer for what we do want. So Michelle Dickerson, 72 00:04:21,680 --> 00:04:22,839 Speaker 1: welcome to the podcast. 73 00:04:23,400 --> 00:04:25,000 Speaker 2: Thanks for having me. I'm glad to be here. 74 00:04:25,520 --> 00:04:27,719 Speaker 1: So let me start with this because I think you 75 00:04:27,720 --> 00:04:30,599 Speaker 1: know you hear the words new deal, and we've seen 76 00:04:30,640 --> 00:04:33,720 Speaker 1: a lot of economic prescriptions using the umbrella of the 77 00:04:33,760 --> 00:04:37,760 Speaker 1: new deal, right, and you know a lot of times 78 00:04:38,400 --> 00:04:44,000 Speaker 1: it's just borrowing a popular phrase to sell something that 79 00:04:44,040 --> 00:04:47,119 Speaker 1: people have been trying to sell for years. This didn't 80 00:04:47,120 --> 00:04:51,960 Speaker 1: strike me. They tell me your origin as to what 81 00:04:52,000 --> 00:04:57,279 Speaker 1: motivated you to put these ideas together the way you did. 82 00:04:58,320 --> 00:05:00,040 Speaker 2: The first thing I did is I thought about, so 83 00:05:00,279 --> 00:05:03,680 Speaker 2: how is it that we have a middle class? And 84 00:05:03,720 --> 00:05:05,839 Speaker 2: this is a point that you just made in the introduction. 85 00:05:06,279 --> 00:05:10,480 Speaker 2: We have a middle class because political leaders decided we 86 00:05:10,600 --> 00:05:13,320 Speaker 2: needed to have a middle class. Now, part of it 87 00:05:13,400 --> 00:05:16,640 Speaker 2: was in response to the depression, but after the depression 88 00:05:17,080 --> 00:05:20,960 Speaker 2: in World War one world War two, political leader said, 89 00:05:21,120 --> 00:05:23,360 Speaker 2: you know what, it's not a bad thing to have 90 00:05:23,400 --> 00:05:27,120 Speaker 2: a middle class. They do good things for the US economy. 91 00:05:27,440 --> 00:05:31,400 Speaker 2: And also as political leaders, we need to do good 92 00:05:31,440 --> 00:05:35,200 Speaker 2: things for lower and middle income folks who are looking 93 00:05:35,240 --> 00:05:39,920 Speaker 2: to achieve the American dream to have upward mobility. So 94 00:05:40,000 --> 00:05:44,800 Speaker 2: I landed on the middle Class New Deal because we 95 00:05:44,920 --> 00:05:49,720 Speaker 2: created the middle class roughly as part of the First 96 00:05:49,880 --> 00:05:53,360 Speaker 2: New Deal, and political leaders need to stop. And I 97 00:05:53,400 --> 00:05:55,880 Speaker 2: agree with the way that you framed this. This is 98 00:05:55,920 --> 00:05:58,479 Speaker 2: not a left or a right, or a Democrat or 99 00:05:58,480 --> 00:06:02,000 Speaker 2: a Republican book. This is a book for all political 100 00:06:02,080 --> 00:06:05,760 Speaker 2: leaders to make a decision do we care about the 101 00:06:05,760 --> 00:06:07,800 Speaker 2: middle class in this country or not? 102 00:06:09,200 --> 00:06:13,680 Speaker 1: I thought the most important insight and it's almost to 103 00:06:13,680 --> 00:06:15,919 Speaker 1: me it's the table stakes, right. If you don't accept 104 00:06:15,920 --> 00:06:17,800 Speaker 1: this premise, then you're not going to accept the premise 105 00:06:17,839 --> 00:06:20,880 Speaker 1: of the book is that somehow a middle class just 106 00:06:20,960 --> 00:06:23,680 Speaker 1: happens in a free market economy. The fact of the matter, 107 00:06:23,800 --> 00:06:27,400 Speaker 1: it doesn't. And when we lionize, you know, you know 108 00:06:27,440 --> 00:06:29,440 Speaker 1: we It's always one of those things. Everybody wants to 109 00:06:29,440 --> 00:06:32,160 Speaker 1: say they're in the middle class, right. It is popular 110 00:06:32,240 --> 00:06:34,360 Speaker 1: to be in the middle class, even as we aspire 111 00:06:34,839 --> 00:06:37,680 Speaker 1: to be. Even when you're not in the middle class anymore, 112 00:06:37,839 --> 00:06:39,920 Speaker 1: you still want to say, well, I've got middle class roots, right, 113 00:06:40,320 --> 00:06:42,960 Speaker 1: there's something about it, right, we want to be here. 114 00:06:43,760 --> 00:06:47,320 Speaker 1: But this is not something a free market economy creates. 115 00:06:47,360 --> 00:06:52,400 Speaker 1: Free Market economies, when left unchecked, create uber rich and 116 00:06:52,480 --> 00:06:56,160 Speaker 1: a lot of poor. It actually, it doesn't automatically create 117 00:06:56,160 --> 00:06:59,800 Speaker 1: a middle class. And I think understanding the history of 118 00:06:59,839 --> 00:07:03,120 Speaker 1: the great building of the middle class of the fifties, 119 00:07:03,440 --> 00:07:07,440 Speaker 1: the GI Bill, that was a government essentially making sure 120 00:07:07,480 --> 00:07:10,480 Speaker 1: the troops that came home didn't become poor, gave them 121 00:07:10,480 --> 00:07:13,800 Speaker 1: an opportunity to stay out of poverty, not even necessarily 122 00:07:13,800 --> 00:07:17,960 Speaker 1: bringing people from poverty to the middle class. The development 123 00:07:18,040 --> 00:07:20,720 Speaker 1: of the suburbs, the development of all of these things 124 00:07:20,760 --> 00:07:24,480 Speaker 1: were in support of the middle of creating a middle class. 125 00:07:24,520 --> 00:07:27,120 Speaker 1: And I think that might be hard for some of 126 00:07:27,120 --> 00:07:30,040 Speaker 1: my free market conservative friends to sort of wrap their 127 00:07:30,120 --> 00:07:33,560 Speaker 1: arms around, but guess what government actually has to create 128 00:07:33,600 --> 00:07:37,320 Speaker 1: the conditions to allow a middle class to exist. Did 129 00:07:37,320 --> 00:07:39,120 Speaker 1: I summarize your argument parently? 130 00:07:39,160 --> 00:07:41,240 Speaker 2: We did exactly, And what I would say is, if 131 00:07:41,280 --> 00:07:43,920 Speaker 2: you want to know what happens when the government is 132 00:07:43,960 --> 00:07:47,120 Speaker 2: not involved, look at what has happened to lower and 133 00:07:47,160 --> 00:07:50,600 Speaker 2: middle income people since the nineteen eighties. So if we 134 00:07:50,640 --> 00:07:53,600 Speaker 2: want the free market to control, what that means is 135 00:07:53,640 --> 00:07:57,040 Speaker 2: we will have the uber uber rich and everyone else 136 00:07:57,600 --> 00:08:01,880 Speaker 2: will be struggling. So it's really hilarious to me when 137 00:08:01,880 --> 00:08:03,840 Speaker 2: people look back at the middle class and all of 138 00:08:03,840 --> 00:08:07,240 Speaker 2: the wonderful things it did. It helps people go to college, 139 00:08:07,600 --> 00:08:10,880 Speaker 2: it helped people buy homes. But if we really wanted 140 00:08:10,880 --> 00:08:15,520 Speaker 2: to put labels on what happened that the factors that 141 00:08:15,640 --> 00:08:18,440 Speaker 2: helped to create the middle class, we'd have to say 142 00:08:18,440 --> 00:08:23,440 Speaker 2: things like socialism and interfering with free markets, And of 143 00:08:23,440 --> 00:08:25,960 Speaker 2: course nobody wants to say those words. The S word 144 00:08:26,040 --> 00:08:29,560 Speaker 2: is just horrible. Well, fine, don't call it socialism, just 145 00:08:29,680 --> 00:08:33,120 Speaker 2: call it what do we think this government owes to 146 00:08:33,280 --> 00:08:36,520 Speaker 2: people who work hard, get up every day and try 147 00:08:36,520 --> 00:08:39,920 Speaker 2: to do the right thing, and yet continue to struggle. 148 00:08:40,280 --> 00:08:43,679 Speaker 2: If your response is we owe them nothing, then we 149 00:08:43,760 --> 00:08:44,600 Speaker 2: need to just say that. 150 00:08:45,760 --> 00:08:48,160 Speaker 1: Well, and you know I can make a national security 151 00:08:48,160 --> 00:08:51,560 Speaker 1: are if you want a stable and thriving population that 152 00:08:51,760 --> 00:08:55,640 Speaker 1: also is patriotic, then you better have a sustainable middle 153 00:08:55,679 --> 00:08:59,160 Speaker 1: class if we don't have one, Yeah, if we. 154 00:08:59,080 --> 00:09:03,439 Speaker 2: Want a happy be population. So if again, even ignoring 155 00:09:03,559 --> 00:09:07,640 Speaker 2: whether or not you care about the economic security of 156 00:09:07,760 --> 00:09:11,640 Speaker 2: most families in this country, one of the things that 157 00:09:11,679 --> 00:09:13,959 Speaker 2: I always say when people ask me, well, why is 158 00:09:14,000 --> 00:09:16,840 Speaker 2: it so good to have a middle class? I can 159 00:09:16,920 --> 00:09:22,520 Speaker 2: point to lots of things like toasters, or trash cans 160 00:09:23,200 --> 00:09:29,480 Speaker 2: or Ford pickup trucks. Billionaires can only buy so many 161 00:09:29,600 --> 00:09:33,160 Speaker 2: of those. So even if you don't care about the 162 00:09:33,200 --> 00:09:37,439 Speaker 2: stability of human beings, the economic stability of human beings, 163 00:09:37,760 --> 00:09:40,480 Speaker 2: y'all ought to care whether or not you can sell 164 00:09:41,000 --> 00:09:46,760 Speaker 2: lots of pickup trucks and trash cans and microwaves. That's 165 00:09:46,760 --> 00:09:51,080 Speaker 2: what the middle past also does. They drive spending in 166 00:09:51,200 --> 00:09:55,120 Speaker 2: this economy. And if they're struggling financially, or if they're 167 00:09:55,160 --> 00:09:58,240 Speaker 2: scared and we're seeing a lot of fear now, which 168 00:09:58,280 --> 00:10:01,160 Speaker 2: is also unhealthy, then we're going to have a week economy. 169 00:10:02,200 --> 00:10:06,480 Speaker 1: So I feel as if that you're you made a 170 00:10:06,520 --> 00:10:13,720 Speaker 1: case in this book that government in sort of supporting 171 00:10:13,720 --> 00:10:16,440 Speaker 1: the middle class. It's not about guaranteeing a certain level 172 00:10:16,440 --> 00:10:21,679 Speaker 1: of income. But it is about guaranteeing and the following items, uh, 173 00:10:21,920 --> 00:10:27,800 Speaker 1: the ability, stable employment, predictable health costs, affordable education, pathways 174 00:10:27,840 --> 00:10:33,679 Speaker 1: to home ownership, and retirement security. And that those things 175 00:10:34,440 --> 00:10:37,880 Speaker 1: Government has to involve itself if you want to have 176 00:10:38,080 --> 00:10:42,600 Speaker 1: those guarantees, and that that that middle class is less 177 00:10:42,600 --> 00:10:49,440 Speaker 1: about income and more about does the average American able 178 00:10:49,440 --> 00:10:51,720 Speaker 1: to achieve those five goals in life? 179 00:10:52,200 --> 00:10:54,240 Speaker 2: Yeah, And one of the things when I talk about 180 00:10:54,240 --> 00:10:58,160 Speaker 2: the middle class that I always stress is people who 181 00:10:58,160 --> 00:11:02,520 Speaker 2: are struggling financially are not saying we need to be billionaires. 182 00:11:03,080 --> 00:11:06,240 Speaker 2: They're simply saying, why is it so hard for me 183 00:11:06,360 --> 00:11:10,800 Speaker 2: to find a full time job forty hours a week 184 00:11:11,280 --> 00:11:17,680 Speaker 2: with benefits including health insurance and a retirement plan where 185 00:11:17,720 --> 00:11:21,720 Speaker 2: I am called an employee when I go to work 186 00:11:21,760 --> 00:11:25,079 Speaker 2: and not an independent contractor? So why is that so hard? 187 00:11:25,320 --> 00:11:27,520 Speaker 2: Why is it so hard for me to be able 188 00:11:27,559 --> 00:11:31,400 Speaker 2: to either go to college myself and not drown myself 189 00:11:31,440 --> 00:11:34,800 Speaker 2: in student loan debt or help my kids go to college? 190 00:11:35,080 --> 00:11:37,800 Speaker 2: Why is it so hard for me? And I'll tweak 191 00:11:37,880 --> 00:11:40,840 Speaker 2: one thing that you said, it's not so much now 192 00:11:40,880 --> 00:11:43,440 Speaker 2: to be able to own your own home. It's to 193 00:11:43,440 --> 00:11:47,000 Speaker 2: be able to find affordable housing, even to rent in 194 00:11:47,040 --> 00:11:49,280 Speaker 2: a lot of cities. Why is it so hard for 195 00:11:49,320 --> 00:11:53,520 Speaker 2: me to find stable and secure housing? Why am I 196 00:11:53,640 --> 00:11:56,720 Speaker 2: drowning in debt? Why don't I have savings? So you're 197 00:11:56,760 --> 00:12:01,000 Speaker 2: absolutely right. My book isn't arguing that everybody needs to 198 00:12:01,040 --> 00:12:05,240 Speaker 2: earn the same thing, but everybody in this country that 199 00:12:05,559 --> 00:12:08,560 Speaker 2: works hard and wants to achieve. Whether we call it 200 00:12:08,600 --> 00:12:11,959 Speaker 2: the American Dream, upward mobility, I really don't care. 201 00:12:12,000 --> 00:12:13,400 Speaker 1: But everyone that wants to. 202 00:12:13,280 --> 00:12:16,720 Speaker 2: Be stable should have the opportunity to do that. 203 00:12:17,600 --> 00:12:20,439 Speaker 1: So let's talk about let's pick out these things one 204 00:12:20,440 --> 00:12:23,920 Speaker 1: at a time. So the role, What are some ideas 205 00:12:24,000 --> 00:12:28,120 Speaker 1: that government could do to create a more stable employment environment. 206 00:12:28,880 --> 00:12:31,720 Speaker 2: Well, one thing is to focus on what I just said, 207 00:12:31,960 --> 00:12:36,320 Speaker 2: why do we continue to allow businesses to treat their 208 00:12:36,400 --> 00:12:40,920 Speaker 2: employees as independent contractors? Because if you say they don't 209 00:12:40,920 --> 00:12:43,680 Speaker 2: have to treat them as employees, then that means they're 210 00:12:43,720 --> 00:12:47,199 Speaker 2: not guaranteed forty hours a week, they don't get benefits, 211 00:12:47,400 --> 00:12:50,840 Speaker 2: they don't have the right to unionize. So we need 212 00:12:50,880 --> 00:12:54,040 Speaker 2: to start asking why is it that we allow companies 213 00:12:54,280 --> 00:12:59,439 Speaker 2: to outsource whole swaths of their employment of their employees 214 00:12:59,559 --> 00:13:04,200 Speaker 2: and the back as an independent contractor. We have to 215 00:13:04,240 --> 00:13:08,439 Speaker 2: ask why is it. In the nineteen sixties and nineteen seventies, 216 00:13:08,760 --> 00:13:13,520 Speaker 2: people that worked had a defined benefit pension plan. That's 217 00:13:13,520 --> 00:13:15,520 Speaker 2: what my parents have and I talk about them in 218 00:13:15,559 --> 00:13:18,680 Speaker 2: the book. My parents get two I won't say checks, 219 00:13:18,679 --> 00:13:21,520 Speaker 2: because it's not checks anymore. Two deposits into their checking 220 00:13:21,559 --> 00:13:25,720 Speaker 2: account every month because they worked their entire lives and 221 00:13:25,760 --> 00:13:31,840 Speaker 2: they have guaranteed retirement income. I am terrified to think 222 00:13:31,960 --> 00:13:34,720 Speaker 2: what we're going to see in about ten years when 223 00:13:34,760 --> 00:13:38,400 Speaker 2: people start retiring. They don't have pensions and they have 224 00:13:38,800 --> 00:13:42,440 Speaker 2: not much saved in a defined contribution for a one 225 00:13:42,520 --> 00:13:44,240 Speaker 2: K four three B plan. 226 00:13:44,400 --> 00:13:47,240 Speaker 1: Oh, baby boomers are the last ones that got pensions, 227 00:13:47,360 --> 00:13:50,600 Speaker 1: and ZAC gen X is the first generation. You know, 228 00:13:51,320 --> 00:13:52,840 Speaker 1: you know, we're the ones that I had to figure 229 00:13:52,840 --> 00:13:55,120 Speaker 1: out what is four O one K mean? Okay, it's 230 00:13:55,160 --> 00:13:59,360 Speaker 1: like alphabet soup? Yeah, right, Ira roth Ira? What is that? Right? 231 00:13:59,400 --> 00:14:02,760 Speaker 1: There were all these sort of new sort of you know, 232 00:14:02,920 --> 00:14:06,280 Speaker 1: tax coded you know, numbers and numerologies or the names 233 00:14:06,280 --> 00:14:09,760 Speaker 1: after senators who came up with the idea that we're 234 00:14:09,760 --> 00:14:15,040 Speaker 1: all designed essentially to keep Americans from being angry that 235 00:14:15,120 --> 00:14:17,760 Speaker 1: pensions were going away. I don't know any other way 236 00:14:17,760 --> 00:14:18,600 Speaker 1: to describe it. 237 00:14:18,679 --> 00:14:24,840 Speaker 2: Yeah, they shifted the risk of retirement security from employers 238 00:14:25,160 --> 00:14:29,200 Speaker 2: to employees, and they did it in ways that was 239 00:14:29,320 --> 00:14:32,000 Speaker 2: designed for us to end up exactly where we are. 240 00:14:32,240 --> 00:14:35,960 Speaker 2: I remember the first time I had my first job. 241 00:14:36,320 --> 00:14:38,640 Speaker 2: It was at a law firm, I think, and I 242 00:14:38,640 --> 00:14:41,120 Speaker 2: went there and I had to actually look at the 243 00:14:41,200 --> 00:14:45,000 Speaker 2: retirement offerings. I mean, I was a bankruptcy lawyer and 244 00:14:45,080 --> 00:14:48,800 Speaker 2: I've graduated from law school. It so terrified me. I 245 00:14:48,800 --> 00:14:50,800 Speaker 2: had to put it down and come back the next 246 00:14:50,880 --> 00:14:54,160 Speaker 2: day because it was so complicated. Well, if I can't 247 00:14:54,200 --> 00:14:59,440 Speaker 2: figure it out, imagine just a normal didn't doesn't have 248 00:14:59,520 --> 00:15:03,120 Speaker 2: two degree, you know, isn't in bankruptcy employee that's sitting 249 00:15:03,120 --> 00:15:05,120 Speaker 2: down trying to figure out what do I need to 250 00:15:05,160 --> 00:15:07,960 Speaker 2: invest in, and when do I think I'm going to retire, 251 00:15:08,240 --> 00:15:10,360 Speaker 2: and what level of income do I think I'm going 252 00:15:10,400 --> 00:15:14,120 Speaker 2: to need the things that employers used to do for 253 00:15:14,200 --> 00:15:14,920 Speaker 2: their workers. 254 00:15:17,520 --> 00:15:20,960 Speaker 1: Look, politically, that's going to be very difficult, right you 255 00:15:21,000 --> 00:15:24,400 Speaker 1: look at Let's just take FedEx in Amazon. Right. FedEx 256 00:15:24,560 --> 00:15:28,520 Speaker 1: is an older company that arguably is the first major 257 00:15:28,560 --> 00:15:33,320 Speaker 1: company to succeed with independent contractors. Right and Amazon obviously 258 00:15:33,720 --> 00:15:36,160 Speaker 1: many of these people that work at Amazon don't work 259 00:15:36,200 --> 00:15:40,960 Speaker 1: for Amazon right there, they're independent contractor. They have a 260 00:15:41,000 --> 00:15:43,920 Speaker 1: lot of political leverage, right and the whole And there's 261 00:15:44,040 --> 00:15:47,120 Speaker 1: some that will argue, well, independent contractors allow people to 262 00:15:49,040 --> 00:15:51,280 Speaker 1: make more money because it can be a side hustle 263 00:15:51,400 --> 00:15:53,880 Speaker 1: and right. You know, there are different ways that have 264 00:15:53,960 --> 00:15:59,440 Speaker 1: been used frankly to convince or persuade parts of the population. No, no, no, 265 00:15:59,440 --> 00:16:05,160 Speaker 1: no no. These these empower you, These don't hurt you, 266 00:16:05,160 --> 00:16:06,920 Speaker 1: you know. And I'm not asking you to be a 267 00:16:06,960 --> 00:16:10,000 Speaker 1: political messaging guru here, but I think that's going to 268 00:16:10,040 --> 00:16:14,960 Speaker 1: be the political challenge to an obvious policy conundrum. Right. 269 00:16:15,000 --> 00:16:18,840 Speaker 2: And we talk a lot about freedom and choice. So 270 00:16:19,000 --> 00:16:23,160 Speaker 2: you have the freedom. You can choose not to work 271 00:16:23,240 --> 00:16:24,880 Speaker 2: forty hours a week you want to have you want 272 00:16:24,920 --> 00:16:27,720 Speaker 2: to be an independent contract it's good for you. You can 273 00:16:27,920 --> 00:16:30,680 Speaker 2: choose to work in the gig economy, you know, pick 274 00:16:30,760 --> 00:16:32,920 Speaker 2: up a little bit of work here and there. But 275 00:16:32,960 --> 00:16:37,920 Speaker 2: if you actually talk to the people who are exercising 276 00:16:37,960 --> 00:16:41,800 Speaker 2: the choice to be an independent contractor, it's not a choice. 277 00:16:41,920 --> 00:16:44,160 Speaker 2: And I can say this from personal experience. I have 278 00:16:44,200 --> 00:16:48,200 Speaker 2: a twenty five year old son who worked briefly for Amazon, 279 00:16:48,880 --> 00:16:52,000 Speaker 2: but he didn't work for Amazon. He worked for a 280 00:16:52,080 --> 00:16:56,640 Speaker 2: delivery service provider and they treated him very well. But 281 00:16:56,720 --> 00:16:59,080 Speaker 2: at the end of the day, he was never going 282 00:16:59,160 --> 00:17:01,880 Speaker 2: to work for Amazon, and he was never going to 283 00:17:01,880 --> 00:17:05,600 Speaker 2: get forty hours a week working at the DSP because 284 00:17:05,600 --> 00:17:09,639 Speaker 2: it wasn't set up for them to be full time 285 00:17:09,840 --> 00:17:12,920 Speaker 2: forty hour a week. You got to give them benefits. 286 00:17:13,480 --> 00:17:15,679 Speaker 1: Do you think this has to be mandatory legislation that 287 00:17:15,720 --> 00:17:19,440 Speaker 1: basically says is there you know, can you design what 288 00:17:19,800 --> 00:17:23,440 Speaker 1: would a what would a simple piece of legislation do 289 00:17:23,600 --> 00:17:28,280 Speaker 1: to sort of dissuade the independent contractor route. 290 00:17:28,600 --> 00:17:33,000 Speaker 2: Well, several states have actually tried. I think California tried. 291 00:17:33,080 --> 00:17:36,239 Speaker 2: All have failed, but several states have tried. Basically, if 292 00:17:36,280 --> 00:17:40,439 Speaker 2: you have someone that is doing the same work that 293 00:17:40,600 --> 00:17:44,800 Speaker 2: people you called employees are doing, those people must be 294 00:17:44,920 --> 00:17:49,000 Speaker 2: treated like employees, whether you call them contractors or not. 295 00:17:49,480 --> 00:17:53,399 Speaker 2: So give them health insurance, allow them to participate in 296 00:17:53,440 --> 00:17:57,600 Speaker 2: the retirement plans, and more importantly, allow them to organize 297 00:17:58,040 --> 00:18:03,400 Speaker 2: and to participate in any or union organizing attempts at 298 00:18:03,440 --> 00:18:06,120 Speaker 2: your company. Because at the end of the day, when 299 00:18:06,160 --> 00:18:10,560 Speaker 2: you have fewer employees your cost or less as a business, 300 00:18:11,200 --> 00:18:14,760 Speaker 2: and you're not at grade of a risk of having 301 00:18:14,840 --> 00:18:18,040 Speaker 2: a strong union presence, because if you have fewer employees, 302 00:18:18,240 --> 00:18:21,280 Speaker 2: you're less likely to have to deal with those pesky unions. 303 00:18:24,240 --> 00:18:26,560 Speaker 1: This episode of the Chuck Podcast is brought to you 304 00:18:26,600 --> 00:18:29,720 Speaker 1: by Quints, and I love me some Quints. New Year, 305 00:18:29,840 --> 00:18:32,960 Speaker 1: colder days. This is the moment your winter wardrobe really 306 00:18:33,000 --> 00:18:35,720 Speaker 1: has to deliver. If you're craving a winter reset, start 307 00:18:35,720 --> 00:18:39,359 Speaker 1: with pieces truly made to last season after season. 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Quints dot com slash chuck go to Predictable 334 00:20:10,560 --> 00:20:13,720 Speaker 1: Health cust You know there was a time, I want 335 00:20:13,720 --> 00:20:16,920 Speaker 1: to say twenty years ago, where I thought that there 336 00:20:16,960 --> 00:20:20,000 Speaker 1: was a deal to be cut with big business. You 337 00:20:20,000 --> 00:20:23,840 Speaker 1: know I would hear the complaints, you know, because I've 338 00:20:23,880 --> 00:20:27,200 Speaker 1: worked where I worked I'd have interactions with this CEO 339 00:20:27,240 --> 00:20:30,679 Speaker 1: of ge and I've had interactions with the CEO of 340 00:20:30,720 --> 00:20:33,879 Speaker 1: Comcast and interactions with other CEOs, and all of them 341 00:20:33,920 --> 00:20:38,560 Speaker 1: would complain about the cost of healthcare, and so you 342 00:20:38,600 --> 00:20:40,600 Speaker 1: could I always thought that there was this great grand 343 00:20:40,640 --> 00:20:43,000 Speaker 1: bargain where the government would say, look, we can save 344 00:20:43,080 --> 00:20:45,840 Speaker 1: you some money. We'll take care of health We'll take 345 00:20:45,840 --> 00:20:50,240 Speaker 1: healthcare out of your situation. Then you can go back 346 00:20:50,280 --> 00:20:52,159 Speaker 1: to having pensions or you can go back to you 347 00:20:52,160 --> 00:20:54,280 Speaker 1: know that there was this grand bargain to be had, 348 00:20:54,320 --> 00:21:00,679 Speaker 1: so to tackle predictable health costs, you know, is it 349 00:21:00,760 --> 00:21:04,000 Speaker 1: realistic to stick with the employer based healthcare system that 350 00:21:04,640 --> 00:21:07,399 Speaker 1: ultimately we're still kind of attached to, even though the 351 00:21:07,440 --> 00:21:09,640 Speaker 1: Affordable Care Act was supposed to make this a bit 352 00:21:09,640 --> 00:21:14,520 Speaker 1: more portable. Do you think we need policy fixes that 353 00:21:14,560 --> 00:21:16,199 Speaker 1: sort of deal with the world that we live in, 354 00:21:16,320 --> 00:21:19,520 Speaker 1: or do we need to radically rethink how we deliver 355 00:21:19,640 --> 00:21:23,320 Speaker 1: health insurance to folks or health care. 356 00:21:24,200 --> 00:21:26,520 Speaker 2: I would say we need to make a radical change. 357 00:21:26,520 --> 00:21:29,560 Speaker 2: And these are a couple of options. And I'll lead 358 00:21:29,600 --> 00:21:32,480 Speaker 2: into this by telling a story involving a class that 359 00:21:32,560 --> 00:21:35,119 Speaker 2: I taught at ut So it was a class that 360 00:21:35,359 --> 00:21:40,679 Speaker 2: had both law students, public policy students, schools from students 361 00:21:40,680 --> 00:21:44,159 Speaker 2: from a school of education, and foreign exchange students. So 362 00:21:44,200 --> 00:21:46,440 Speaker 2: we were talking about the middle class and this particular 363 00:21:46,960 --> 00:21:51,040 Speaker 2: class session we were talking about insurance and one of 364 00:21:51,040 --> 00:21:54,120 Speaker 2: the students from the Netherlands finally asked a question says, 365 00:21:54,400 --> 00:21:57,720 Speaker 2: I don't understand why when we're talking about health insurance 366 00:21:57,720 --> 00:22:01,119 Speaker 2: you all keep talking about jobs. What do jobs have 367 00:22:01,200 --> 00:22:03,680 Speaker 2: to do with anything? And then we had to explain 368 00:22:03,760 --> 00:22:06,960 Speaker 2: to her, Well, in the US, that's how we provide 369 00:22:07,000 --> 00:22:12,800 Speaker 2: health insurance. So if we leave it with businesses, businesses 370 00:22:13,240 --> 00:22:16,480 Speaker 2: have to assume the cost. So rather than pushing the 371 00:22:16,600 --> 00:22:21,199 Speaker 2: cost onto employees, tell them that, you know, whether we 372 00:22:21,240 --> 00:22:23,240 Speaker 2: want to say that there are caps on what they 373 00:22:23,280 --> 00:22:28,560 Speaker 2: can charge or but businesses can lobby Congress and be 374 00:22:28,640 --> 00:22:33,000 Speaker 2: much more effective in coming up with solution that individual 375 00:22:33,400 --> 00:22:36,720 Speaker 2: employees can. I will also say, and this is not 376 00:22:36,840 --> 00:22:39,879 Speaker 2: necessarily a model that can be scaled, but when we 377 00:22:39,920 --> 00:22:43,720 Speaker 2: look at the way that a military personnel in this country, 378 00:22:43,760 --> 00:22:46,880 Speaker 2: how they receive health insurance, they receive it from the government. 379 00:22:47,720 --> 00:22:51,480 Speaker 2: Is it perfect? They would probably say no, Is everyone covered? 380 00:22:52,280 --> 00:22:55,720 Speaker 2: Yes they are. So we have to do something radical 381 00:22:55,800 --> 00:22:59,600 Speaker 2: because we can't continue with the status quo. And I 382 00:22:59,640 --> 00:23:03,040 Speaker 2: would also again thinking back to the past, although I'm 383 00:23:03,040 --> 00:23:04,800 Speaker 2: not going to stick say in the past, I want 384 00:23:04,880 --> 00:23:06,280 Speaker 2: us to be thinking in terms of the. 385 00:23:06,280 --> 00:23:08,320 Speaker 1: Oh, and this is the point of your book is 386 00:23:08,359 --> 00:23:10,760 Speaker 1: to stop. You know, we can't relitigate stuff. 387 00:23:10,520 --> 00:23:12,160 Speaker 2: That that has happened yet. 388 00:23:12,480 --> 00:23:12,720 Speaker 1: Right. 389 00:23:13,400 --> 00:23:17,360 Speaker 2: But the reason that we have so many employee benefits 390 00:23:17,720 --> 00:23:21,800 Speaker 2: tied into work was because in World War Two there 391 00:23:21,880 --> 00:23:26,200 Speaker 2: was a wage controls, so they couldn't increase wages. So 392 00:23:26,240 --> 00:23:28,720 Speaker 2: what businesses did is say, oh, but we can give 393 00:23:28,760 --> 00:23:34,240 Speaker 2: you non wage benefits. Once that happened, it became the norm. 394 00:23:34,640 --> 00:23:37,280 Speaker 2: And so one of the things I want political leaders 395 00:23:37,320 --> 00:23:39,359 Speaker 2: to do is to say, well, if it wasn't the 396 00:23:39,400 --> 00:23:42,959 Speaker 2: norm until we created it, maybe we can create something 397 00:23:43,040 --> 00:23:44,879 Speaker 2: new and that'll then become. 398 00:23:44,640 --> 00:23:48,520 Speaker 1: The norm, a new essentially some new norms exactly if 399 00:23:48,560 --> 00:23:51,400 Speaker 1: you want. But you're right, I mean it was people 400 00:23:51,440 --> 00:23:56,800 Speaker 1: would panic if they found out healthcare wasn't connected to work. Yeah, right, 401 00:23:56,880 --> 00:23:59,280 Speaker 1: that's what Look, that's what the Clintons found out when 402 00:23:59,280 --> 00:24:03,320 Speaker 1: they first touched the healthcare back in ninety three. Whoa, whoa, whoa. 403 00:24:03,320 --> 00:24:05,320 Speaker 1: People hate the system, but they like their own health. 404 00:24:05,160 --> 00:24:08,880 Speaker 2: Care exactly, and they're always afraid that, well, I have 405 00:24:08,960 --> 00:24:12,119 Speaker 2: to have the best health care and I have to 406 00:24:12,160 --> 00:24:15,880 Speaker 2: have every single procedure that I want covered. And that's 407 00:24:16,000 --> 00:24:19,800 Speaker 2: great that in theory, until you lose your job and 408 00:24:19,840 --> 00:24:22,280 Speaker 2: then you have no health care. So one of the 409 00:24:22,320 --> 00:24:25,200 Speaker 2: discussions we're going to have to have is to ask people, 410 00:24:25,560 --> 00:24:28,720 Speaker 2: are you going to fight for what you have right now, 411 00:24:29,119 --> 00:24:31,600 Speaker 2: knowing that if you lose your job you have nothing? 412 00:24:33,160 --> 00:24:35,520 Speaker 1: You know, I what are I think there are real 413 00:24:35,560 --> 00:24:39,000 Speaker 1: trade offs here that might be net positives for everybody, 414 00:24:39,119 --> 00:24:42,719 Speaker 1: right if the government takes on the role of essentially 415 00:24:42,760 --> 00:24:48,240 Speaker 1: guaranteeing insurance, guarantee health care, access to healthcare, in theory, 416 00:24:48,280 --> 00:24:54,280 Speaker 1: that should free up money for corporations. I mean, and 417 00:24:54,880 --> 00:24:57,560 Speaker 1: you know, I don't know. You know, we don't do 418 00:24:57,680 --> 00:25:01,400 Speaker 1: nuance very well in our country anymore in our political debates. 419 00:25:01,400 --> 00:25:03,480 Speaker 1: But you know, that seems to be the type of 420 00:25:03,520 --> 00:25:09,760 Speaker 1: thing that that that in a in a mature setting, 421 00:25:10,000 --> 00:25:14,240 Speaker 1: that that people would accept the idea that this is 422 00:25:14,280 --> 00:25:17,120 Speaker 1: trade offs. This isn't you know. Okay, I want this guarantee, 423 00:25:17,160 --> 00:25:18,920 Speaker 1: but it means it won't get it over here, okay, 424 00:25:21,320 --> 00:25:22,159 Speaker 1: and you put it out. 425 00:25:22,000 --> 00:25:24,800 Speaker 2: There, Yeah, I mean we're again at the where we 426 00:25:24,880 --> 00:25:27,439 Speaker 2: unfortunately spend most of our time in the political space 427 00:25:27,520 --> 00:25:31,359 Speaker 2: with you know, we let perfect be the enemy of good, right, 428 00:25:31,400 --> 00:25:35,320 Speaker 2: and so why not say these are the six things 429 00:25:35,359 --> 00:25:39,560 Speaker 2: that we think people in this country deserve. And if 430 00:25:39,560 --> 00:25:43,640 Speaker 2: we can agree that everyone deserves healthcare, everyone deserves some 431 00:25:43,760 --> 00:25:47,320 Speaker 2: kind of retirement security, we can then say, Okay, now 432 00:25:47,320 --> 00:25:50,480 Speaker 2: that we've agreed on that, who do we think should 433 00:25:50,520 --> 00:25:55,280 Speaker 2: be responsible for providing it? Ignoring who may be providing 434 00:25:55,320 --> 00:25:58,840 Speaker 2: it right now, but who going forward do we think 435 00:25:58,840 --> 00:26:01,760 Speaker 2: should be responsible for providing it? That to me is 436 00:26:01,760 --> 00:26:08,320 Speaker 2: a much more productive conversation than relitigating, well, it's not 437 00:26:08,480 --> 00:26:10,760 Speaker 2: fair if businesses have to do this and it increase 438 00:26:10,800 --> 00:26:14,119 Speaker 2: their costs. Okay, let's just assume that your true. Let's 439 00:26:14,160 --> 00:26:14,800 Speaker 2: go forward. 440 00:26:16,280 --> 00:26:20,359 Speaker 1: Let's talk about affordable education. You know, one of the 441 00:26:20,400 --> 00:26:24,760 Speaker 1: head scratchers to me, I was convinced back in the 442 00:26:24,800 --> 00:26:27,719 Speaker 1: mid nineties that it was inevitable that we were going 443 00:26:27,800 --> 00:26:31,880 Speaker 1: to what I called thirteenth and fourteenth grade, that we 444 00:26:31,880 --> 00:26:34,919 Speaker 1: were going that public education was essentially going to extend 445 00:26:34,960 --> 00:26:37,680 Speaker 1: another two years, that there was going to be guaranteed 446 00:26:37,720 --> 00:26:40,919 Speaker 1: public education up through quote unquote fourteen years of it, 447 00:26:41,040 --> 00:26:43,439 Speaker 1: so you divided up how you want to divide it up. Right, 448 00:26:43,440 --> 00:26:45,199 Speaker 1: You had your primary and secondary, and then you have 449 00:26:45,920 --> 00:26:48,439 Speaker 1: essentially free community college, right the first two years of 450 00:26:48,440 --> 00:26:52,480 Speaker 1: community college. The fact that we haven't gotten there, you know, 451 00:26:52,680 --> 00:26:55,040 Speaker 1: the fact that we're still, like a think, debating university 452 00:26:55,160 --> 00:26:59,520 Speaker 1: universal kindergarten in some states we have, I would argue 453 00:26:59,560 --> 00:27:03,440 Speaker 1: the entire our education debate is just sort of stalled, right, 454 00:27:03,560 --> 00:27:07,680 Speaker 1: and we're stuck with this terrible system of charters and 455 00:27:07,760 --> 00:27:11,959 Speaker 1: where everybody has taken education in their own hands. And 456 00:27:12,080 --> 00:27:15,199 Speaker 1: you know, you're discussing in some cases more about higher education. 457 00:27:15,280 --> 00:27:19,600 Speaker 1: But I feel like the entire educational system just desperately 458 00:27:19,680 --> 00:27:23,879 Speaker 1: needs a twenty first century makeover, and it's so politically 459 00:27:23,920 --> 00:27:26,439 Speaker 1: polarized that we don't know how to do it. What 460 00:27:26,520 --> 00:27:31,600 Speaker 1: are a few steps, a few ideas you're putting out 461 00:27:31,600 --> 00:27:34,119 Speaker 1: there in the book that you think could make a 462 00:27:34,200 --> 00:27:35,400 Speaker 1: tangible progress here. 463 00:27:36,080 --> 00:27:38,760 Speaker 2: Well, I'll leave by saying one group that we also 464 00:27:38,800 --> 00:27:43,600 Speaker 2: have to bring into this discussion our employers. Because even 465 00:27:43,640 --> 00:27:48,120 Speaker 2: if we had K fourteen and everyone had a free 466 00:27:48,119 --> 00:27:51,479 Speaker 2: community college education, employers need to be willing to hire 467 00:27:51,560 --> 00:27:56,720 Speaker 2: them and pay them a decent wage. The challenge now 468 00:27:56,840 --> 00:28:00,760 Speaker 2: is that the bachelor's degree has largely become the gateway 469 00:28:00,800 --> 00:28:03,680 Speaker 2: to the middle class. So employers also need to come 470 00:28:03,680 --> 00:28:06,159 Speaker 2: into the conversation and say, we're going to hire people 471 00:28:06,560 --> 00:28:09,399 Speaker 2: and treat them decently even if they don't have a 472 00:28:09,400 --> 00:28:13,560 Speaker 2: bachelor's degree. But you're absolutely right, we've got to look 473 00:28:13,680 --> 00:28:18,040 Speaker 2: at what happens starting in kindergarten. I would like to 474 00:28:18,080 --> 00:28:22,560 Speaker 2: start actually in preschool as well, And how do we 475 00:28:22,640 --> 00:28:27,959 Speaker 2: treat lower and middle income children in public schools, And 476 00:28:28,040 --> 00:28:32,160 Speaker 2: how do we treat rich children and lower rich children 477 00:28:32,200 --> 00:28:35,560 Speaker 2: who are more likely to be educated in private schools. 478 00:28:35,800 --> 00:28:38,080 Speaker 2: So we need to have an honest discussion when we're 479 00:28:38,080 --> 00:28:42,120 Speaker 2: talking about charters and vouchers and all of these other things. 480 00:28:42,680 --> 00:28:46,080 Speaker 2: Most lower and middle income kids in this country are 481 00:28:46,200 --> 00:28:50,080 Speaker 2: educated in a public school somewhere. If they are in 482 00:28:50,120 --> 00:28:54,760 Speaker 2: a rural area. There are no such things as choice options. 483 00:28:54,840 --> 00:28:55,480 Speaker 2: There's no choice. 484 00:28:55,480 --> 00:28:57,120 Speaker 1: To say this all the time. I mean, you know, 485 00:28:58,120 --> 00:29:02,920 Speaker 1: it's essentially homeschool exactly. That's the only realistic option if 486 00:29:02,960 --> 00:29:04,240 Speaker 1: you don't like your school. 487 00:29:04,320 --> 00:29:08,200 Speaker 2: And some parents are doing that. But as we saw 488 00:29:08,360 --> 00:29:11,920 Speaker 2: during COVID, exactly parents were like, oh my goodness, we 489 00:29:12,000 --> 00:29:15,160 Speaker 2: love our school. Teachers, Boy, can we get these children back? 490 00:29:15,320 --> 00:29:15,520 Speaker 1: Right? 491 00:29:15,880 --> 00:29:18,440 Speaker 2: And so it's great to say homes Well, you know 492 00:29:18,480 --> 00:29:22,440 Speaker 2: people need a homeschool. Most parents need two incomes in 493 00:29:22,560 --> 00:29:25,680 Speaker 2: order to survive. So that's just not a thing. So 494 00:29:25,800 --> 00:29:27,600 Speaker 2: one of the things I argue, and I know some 495 00:29:27,680 --> 00:29:29,600 Speaker 2: of the things I proposed in the book are are 496 00:29:29,680 --> 00:29:33,160 Speaker 2: quite radical, but we need to look at the public 497 00:29:33,200 --> 00:29:37,960 Speaker 2: school buildings and ask ourselves why are they so underutilized? 498 00:29:38,040 --> 00:29:41,320 Speaker 2: How can we use them to do more? So we 499 00:29:41,400 --> 00:29:44,040 Speaker 2: know that there are educational gaps between lower and middle 500 00:29:44,040 --> 00:29:47,800 Speaker 2: income children and lower rich and rich children. What can 501 00:29:47,840 --> 00:29:50,640 Speaker 2: we do with the public school system to try to 502 00:29:50,720 --> 00:29:53,680 Speaker 2: close those gaps. One of the things that we do 503 00:29:53,760 --> 00:29:57,680 Speaker 2: now is we still treat public school the public school 504 00:29:58,160 --> 00:30:01,760 Speaker 2: calendar is if we're in a great economy, So for 505 00:30:01,880 --> 00:30:03,480 Speaker 2: three some three months of the. 506 00:30:03,440 --> 00:30:07,480 Speaker 1: Summer, got to deal with the crops. Everybody, right, that's right. 507 00:30:08,040 --> 00:30:11,160 Speaker 2: So you have children just there in the phrases use 508 00:30:11,200 --> 00:30:14,840 Speaker 2: as a summer slide. If you're rich or lower rich, 509 00:30:15,320 --> 00:30:19,479 Speaker 2: you can put your kids in these camps and robotic camps, 510 00:30:19,480 --> 00:30:22,760 Speaker 2: and you can have them go to these summer high 511 00:30:22,800 --> 00:30:26,360 Speaker 2: school camps on college campuses. Well, that's lovely, that's not 512 00:30:26,440 --> 00:30:29,800 Speaker 2: the reality for lower and middle income families. And so 513 00:30:29,840 --> 00:30:33,000 Speaker 2: you're what I do, both in the book and also 514 00:30:33,040 --> 00:30:36,320 Speaker 2: when I'm giving different talks, is we have to focus 515 00:30:36,720 --> 00:30:40,920 Speaker 2: on K twelve because it's too late once children are 516 00:30:40,960 --> 00:30:42,920 Speaker 2: about to turn eight, age eighteen. 517 00:30:43,880 --> 00:30:46,800 Speaker 1: No, And the whole thing is, you know, nobody's happy 518 00:30:46,840 --> 00:30:49,840 Speaker 1: with the public school system, and everybody would be appalled 519 00:30:49,880 --> 00:30:50,360 Speaker 1: if it went. 520 00:30:50,280 --> 00:30:51,720 Speaker 2: Away, exactly. 521 00:30:52,640 --> 00:30:56,000 Speaker 1: And and you know it's like, look, I empathize with 522 00:30:56,080 --> 00:30:59,240 Speaker 1: these parents that go back and forth. Get I get 523 00:30:59,320 --> 00:31:02,840 Speaker 1: school choice I had. You know, my parents didn't. The 524 00:31:02,880 --> 00:31:05,320 Speaker 1: only choice they had was to find another neighborhood to 525 00:31:05,320 --> 00:31:08,400 Speaker 1: live in with affordable housing, and they did that. That 526 00:31:08,520 --> 00:31:10,720 Speaker 1: was that's all they could do, and that's what they did. 527 00:31:10,800 --> 00:31:14,080 Speaker 1: I had a little bit more the ability to truly 528 00:31:14,160 --> 00:31:17,480 Speaker 1: choose what was going to be best for my kids. 529 00:31:17,480 --> 00:31:22,280 Speaker 1: But ultimately, we are not going to have a good 530 00:31:22,600 --> 00:31:27,360 Speaker 1: labor force if we don't have a good public education system. 531 00:31:27,400 --> 00:31:33,880 Speaker 1: And well, look, politically, the impediments have been a weird 532 00:31:33,920 --> 00:31:36,760 Speaker 1: combination of people who don't want you know, I joke 533 00:31:36,800 --> 00:31:38,520 Speaker 1: in the state of Virginia, it's the people that own 534 00:31:38,800 --> 00:31:42,000 Speaker 1: an amusement park called King's Dominion that was making it 535 00:31:42,040 --> 00:31:45,640 Speaker 1: impossible for school districts to even start two weeks earlier. 536 00:31:46,240 --> 00:31:48,719 Speaker 1: You know, it would be like these weird you know, 537 00:31:48,760 --> 00:31:51,360 Speaker 1: And then there was some teachers' unions are like no, no, no, no, 538 00:31:51,440 --> 00:31:54,280 Speaker 1: we want we want our time off because a lot 539 00:31:54,280 --> 00:31:59,360 Speaker 1: of teachers, because they're underpaid, spend their summers looking for 540 00:31:59,440 --> 00:32:02,719 Speaker 1: extra in and are afraid of that going away, right, So, 541 00:32:03,200 --> 00:32:05,720 Speaker 1: which then tells you we really aren't investing very well 542 00:32:05,720 --> 00:32:07,320 Speaker 1: in our school teachers if they feel like they need 543 00:32:07,360 --> 00:32:10,840 Speaker 1: a second job in the summer. So it's a it's 544 00:32:10,880 --> 00:32:14,440 Speaker 1: a it's been a weird challenge to sort of break 545 00:32:14,520 --> 00:32:17,520 Speaker 1: this norm of summer break. 546 00:32:18,160 --> 00:32:22,040 Speaker 2: Yeah, but again one of the they're very COVID was awful. 547 00:32:22,040 --> 00:32:24,320 Speaker 2: It was dreadful and and I've always had to purpose 548 00:32:24,360 --> 00:32:26,520 Speaker 2: this with there's nothing good about COVID, but some good 549 00:32:26,520 --> 00:32:28,680 Speaker 2: things did come out of COVID. And one of the 550 00:32:28,720 --> 00:32:32,959 Speaker 2: things we saw during COVID is what happens when you 551 00:32:33,000 --> 00:32:37,280 Speaker 2: have an extended educational slide. So we have children now 552 00:32:37,480 --> 00:32:40,960 Speaker 2: who still have not caught up and who are still 553 00:32:41,000 --> 00:32:44,960 Speaker 2: behind because of the COVID slide. So you're absolutely right, 554 00:32:45,000 --> 00:32:49,640 Speaker 2: everyone has their own agenda. Actually, before I joined the 555 00:32:50,080 --> 00:32:52,120 Speaker 2: UT faculty I worked at. I was at the law 556 00:32:52,120 --> 00:32:54,680 Speaker 2: school at William and Mary and so I know I 557 00:32:54,720 --> 00:32:57,320 Speaker 2: know about you know, those gated communities there. Yeah, and 558 00:32:57,360 --> 00:33:00,200 Speaker 2: it was just striking. It's like, oh, so if you 559 00:33:00,240 --> 00:33:04,720 Speaker 2: all don't want to lose cheap high school labor, that's 560 00:33:04,760 --> 00:33:09,040 Speaker 2: the reason you want to. Oh, okay, that makes sense. Yeah, 561 00:33:09,200 --> 00:33:11,040 Speaker 2: but for the school teachers, one of the things that 562 00:33:11,080 --> 00:33:14,920 Speaker 2: we can do if we're using our K twelve buildings 563 00:33:14,960 --> 00:33:19,080 Speaker 2: more effectively, we can actually allow the school teachers that 564 00:33:19,240 --> 00:33:22,040 Speaker 2: want to they don't have to to pick up extra 565 00:33:22,120 --> 00:33:24,560 Speaker 2: money in their area of expertise. 566 00:33:25,240 --> 00:33:27,320 Speaker 1: You call this the summer trimester essentially. 567 00:33:27,440 --> 00:33:31,480 Speaker 2: Concept exactly. Yeah, just the building is there, So why 568 00:33:31,520 --> 00:33:35,160 Speaker 2: not use the building in ways that can put a 569 00:33:35,200 --> 00:33:38,200 Speaker 2: little more money in the pockets of school teachers and 570 00:33:38,360 --> 00:33:41,400 Speaker 2: also make sure that lower and middle income children get 571 00:33:41,440 --> 00:33:47,160 Speaker 2: the same educational and vocational opportunities that rich kids do. 572 00:33:47,960 --> 00:33:51,800 Speaker 1: Now, let's talk about labor labor unions, because what's interesting 573 00:33:51,920 --> 00:33:55,760 Speaker 1: is we're in a moment right now where you know, look, 574 00:33:55,800 --> 00:33:58,280 Speaker 1: I think you and I are of the generation where 575 00:33:58,360 --> 00:34:03,400 Speaker 1: labor unions were a punching back, you know, and politically, 576 00:34:04,000 --> 00:34:06,920 Speaker 1: you know, it's like you know, it's almost like that 577 00:34:07,360 --> 00:34:11,399 Speaker 1: every labor union was viewed through the prism of Jimmy Hoffa, right, 578 00:34:11,520 --> 00:34:14,000 Speaker 1: and it's just like they're all, you know, and it 579 00:34:14,120 --> 00:34:18,600 Speaker 1: really the damage, the perception damage Jimmy off did to 580 00:34:18,680 --> 00:34:22,759 Speaker 1: the entire concept of collective bargaining and unions is is 581 00:34:22,800 --> 00:34:25,440 Speaker 1: I think one of those one of those moments that 582 00:34:25,480 --> 00:34:28,680 Speaker 1: probably we as sort of historical journalists need to unpack 583 00:34:28,719 --> 00:34:32,600 Speaker 1: and realize, look at the damage this did. But there's 584 00:34:32,640 --> 00:34:35,239 Speaker 1: now sort of an open mind on this. Now there's 585 00:34:35,440 --> 00:34:40,759 Speaker 1: less ideological divide about labor unions. There's still some skepticism 586 00:34:40,760 --> 00:34:42,640 Speaker 1: in corporate right now, the divide really seems to be 587 00:34:42,719 --> 00:34:46,040 Speaker 1: corporate America versus everybody else. Right, you have a Donald 588 00:34:46,080 --> 00:34:49,600 Speaker 1: Trump that in theory sees, you know, wants to be 589 00:34:49,640 --> 00:34:54,680 Speaker 1: on the side at least of the trade unions. They're there, 590 00:34:55,040 --> 00:34:58,480 Speaker 1: and I think with AI, the fear of AI job displacement, 591 00:34:59,320 --> 00:35:02,520 Speaker 1: why collar were workers who you know, I've been you know, 592 00:35:02,560 --> 00:35:05,160 Speaker 1: I've been a little skeptical of news of news rem 593 00:35:05,239 --> 00:35:08,080 Speaker 1: unions myself, sort of like you know, I've always viewed 594 00:35:08,120 --> 00:35:11,520 Speaker 1: unions as to protect the physical labor folks more than 595 00:35:11,680 --> 00:35:14,879 Speaker 1: necessarily the but that's my own bias, and I will 596 00:35:15,120 --> 00:35:18,920 Speaker 1: I'm you know, at the same time, the only way 597 00:35:18,960 --> 00:35:21,319 Speaker 1: you're going to get equal treatment is through collective bargainy, right, 598 00:35:21,320 --> 00:35:22,719 Speaker 1: we're about to I think we're going to see this 599 00:35:22,719 --> 00:35:25,760 Speaker 1: in college sports. By the way, that's a separate topic, 600 00:35:26,280 --> 00:35:32,880 Speaker 1: but you seem to peg one of the one of 601 00:35:32,920 --> 00:35:35,080 Speaker 1: the reasons why we had a strong middle class in 602 00:35:35,080 --> 00:35:40,480 Speaker 1: the fifties and sixties was because we openly accepted labor unions. 603 00:35:40,480 --> 00:35:42,359 Speaker 1: So how do you bring that back? 604 00:35:43,160 --> 00:35:45,920 Speaker 2: Well, one of the divides that I think we're also 605 00:35:46,000 --> 00:35:50,279 Speaker 2: seeing is there's a generational divide. So I remember when 606 00:35:50,320 --> 00:35:54,520 Speaker 2: I first started teaching courses on the middle class. Again, 607 00:35:54,600 --> 00:35:56,440 Speaker 2: this is one of the sessions where we were talking 608 00:35:56,440 --> 00:35:59,480 Speaker 2: about labor and I had a student in the class 609 00:36:00,600 --> 00:36:03,239 Speaker 2: to raise their hand and say, so, you know, we've 610 00:36:03,239 --> 00:36:07,000 Speaker 2: been talking about this whole thing with you know, rights 611 00:36:07,040 --> 00:36:11,560 Speaker 2: and workers' power, and you've been talking about unions. Exactly 612 00:36:11,719 --> 00:36:15,279 Speaker 2: what is a union? And it was jarring to me 613 00:36:15,840 --> 00:36:18,920 Speaker 2: until it occurred to me that we had so demonized 614 00:36:19,400 --> 00:36:23,160 Speaker 2: unions that a lot of students fifteen years ago really 615 00:36:23,239 --> 00:36:28,520 Speaker 2: weren't familiar with the benefits that unions actually could provide. 616 00:36:28,680 --> 00:36:32,719 Speaker 2: Students now they know exactly what unions do. Part of 617 00:36:32,760 --> 00:36:34,760 Speaker 2: it is because I think they've looked at their local 618 00:36:34,800 --> 00:36:38,000 Speaker 2: baristas who have gone out on strike. They've looked at 619 00:36:38,000 --> 00:36:41,560 Speaker 2: in the educational context, some of the graduate assistants that 620 00:36:41,600 --> 00:36:44,799 Speaker 2: have gone out on strike. I will not talk at 621 00:36:44,800 --> 00:36:47,160 Speaker 2: all about sports because I'm very involved in that space 622 00:36:47,200 --> 00:36:48,920 Speaker 2: at the University of Texas. I'm not going to talk 623 00:36:48,960 --> 00:36:52,520 Speaker 2: about that. But yeah, I think that we have to 624 00:36:53,040 --> 00:36:57,200 Speaker 2: acknowledge that nothing good has happened to lower and middle 625 00:36:57,239 --> 00:37:01,080 Speaker 2: income workers since we gutted union. I would say Jimmy 626 00:37:01,120 --> 00:37:04,640 Speaker 2: Hoffa is a very bad visual. I will also say 627 00:37:04,840 --> 00:37:08,759 Speaker 2: that the destruction of pat Co by Ronald Reagan was 628 00:37:08,800 --> 00:37:13,160 Speaker 2: another one of those moments exactly where we forget that 629 00:37:13,160 --> 00:37:16,200 Speaker 2: that then told everybody else you can go out and 630 00:37:16,239 --> 00:37:17,200 Speaker 2: destroy union two. 631 00:37:19,080 --> 00:37:22,399 Speaker 1: Yeah, it is a you know, I look at the 632 00:37:22,440 --> 00:37:26,480 Speaker 1: model Germany has, and it's always been a fascinating model 633 00:37:26,480 --> 00:37:31,160 Speaker 1: where workers are actually on the board of directors like 634 00:37:31,280 --> 00:37:35,000 Speaker 1: they're so the union culture is so embedded with the 635 00:37:35,080 --> 00:37:39,800 Speaker 1: corporate culture that it actually isn't as it doesn't strike 636 00:37:39,880 --> 00:37:45,280 Speaker 1: me as antagonistic. Is there a model there worth worth copying? 637 00:37:45,920 --> 00:37:50,560 Speaker 2: We have to look at the union or employees workers 638 00:37:51,120 --> 00:37:55,560 Speaker 2: as partners. And so again, when we're deciding who gets what, 639 00:37:55,719 --> 00:37:59,359 Speaker 2: if you view the union as a partner rather than 640 00:37:59,360 --> 00:38:01,920 Speaker 2: as the inner, I think we have a very different 641 00:38:02,000 --> 00:38:08,719 Speaker 2: framework going forward. The businesses often views the government as 642 00:38:08,760 --> 00:38:11,279 Speaker 2: a partner. Well, if you view the government, if you 643 00:38:11,280 --> 00:38:15,120 Speaker 2: have these public private partnerships with the government, why are 644 00:38:15,160 --> 00:38:19,040 Speaker 2: you so hostile to the people that actually make it 645 00:38:19,160 --> 00:38:23,040 Speaker 2: possible for your company to be productive. So, whether it's 646 00:38:23,080 --> 00:38:27,280 Speaker 2: there on the boards or you are genuinely working toward 647 00:38:27,520 --> 00:38:30,319 Speaker 2: these so we're all rowing in the same direction. We 648 00:38:30,400 --> 00:38:33,160 Speaker 2: don't have that now, but I think we may get 649 00:38:33,200 --> 00:38:36,239 Speaker 2: that if no other reason, young people are going to 650 00:38:36,320 --> 00:38:36,840 Speaker 2: demand it. 651 00:38:40,400 --> 00:38:44,040 Speaker 1: Having good life insurance is incredibly important. I know from 652 00:38:44,080 --> 00:38:47,160 Speaker 1: personal experience. I was sixteen when my father passed away. 653 00:38:47,200 --> 00:38:49,600 Speaker 1: We didn't have any money. He didn't leave us in 654 00:38:49,640 --> 00:38:54,000 Speaker 1: the best shape. My mother, single mother, now widow. Myself 655 00:38:54,120 --> 00:38:55,880 Speaker 1: sixteen trying to figure out how am I going to 656 00:38:55,920 --> 00:38:59,080 Speaker 1: pay for college and lo and behold, my dad had 657 00:38:59,120 --> 00:39:02,320 Speaker 1: one life insurance policy that we found wasn't a lot, 658 00:39:02,640 --> 00:39:05,400 Speaker 1: but it was important at the time, and it's why 659 00:39:05,480 --> 00:39:08,719 Speaker 1: I was able to go to college. Little did he 660 00:39:08,800 --> 00:39:12,600 Speaker 1: know how important that would be in that moment. Well, 661 00:39:12,680 --> 00:39:14,759 Speaker 1: guess what. That's why I am here to tell you 662 00:39:14,800 --> 00:39:17,719 Speaker 1: about Etho's life. They can provide you with peace of 663 00:39:17,760 --> 00:39:21,120 Speaker 1: mind knowing your family is protected even if the worst 664 00:39:21,200 --> 00:39:24,160 Speaker 1: comes to pass. Ethos is an online platform that makes 665 00:39:24,200 --> 00:39:27,800 Speaker 1: getting life insurance fast and easy, all designed to protect 666 00:39:27,840 --> 00:39:31,880 Speaker 1: your family's future in minutes, not months. There's no complicated process, 667 00:39:31,960 --> 00:39:35,640 Speaker 1: and it's one hundred percent online. There's no medical exam 668 00:39:35,680 --> 00:39:38,840 Speaker 1: require you just answer a few health questions online. You 669 00:39:38,880 --> 00:39:40,680 Speaker 1: can get a quote in as little as ten minutes, 670 00:39:40,719 --> 00:39:43,800 Speaker 1: and you can get same day coverage without ever leaving 671 00:39:43,920 --> 00:39:46,760 Speaker 1: your home. You can get up to three million dollars 672 00:39:46,760 --> 00:39:48,920 Speaker 1: in coverage, and some policies start as low as two 673 00:39:48,960 --> 00:39:52,120 Speaker 1: dollars a day that would be billed monthly. As of 674 00:39:52,120 --> 00:39:55,239 Speaker 1: March twenty twenty five, Business Insider named Ethos the number 675 00:39:55,320 --> 00:39:59,600 Speaker 1: one no medical exam instant life insurance provider. So protect 676 00:39:59,640 --> 00:40:03,080 Speaker 1: your family with life insurance from Ethos. Get your free 677 00:40:03,160 --> 00:40:07,440 Speaker 1: quoted ethos dot com slash chuck. So again, that's Ethos 678 00:40:07,480 --> 00:40:12,080 Speaker 1: dot com slash chuck. Application times may vary and the 679 00:40:12,160 --> 00:40:15,359 Speaker 1: rates themselves may vary as well, but trust me, life 680 00:40:15,360 --> 00:40:18,560 Speaker 1: insurance is something you should really think about, especially if 681 00:40:18,600 --> 00:40:26,000 Speaker 1: you've got a growing family, how do you eliminate You know, 682 00:40:26,080 --> 00:40:30,319 Speaker 1: a lot of this take the union issue is that 683 00:40:31,280 --> 00:40:35,560 Speaker 1: are classified. Sometimes people get blinded by race and ethnicity, 684 00:40:36,000 --> 00:40:39,680 Speaker 1: when really our divides have always been class, and race 685 00:40:39,719 --> 00:40:43,080 Speaker 1: and ethnicity have been sort of used as wedges to 686 00:40:43,880 --> 00:40:48,680 Speaker 1: to to advance a class argument one way or the other. 687 00:40:51,600 --> 00:40:54,080 Speaker 1: You know, well, maybe it's impossible, and maybe I'm asking 688 00:40:54,120 --> 00:40:57,200 Speaker 1: you a political question and you're not offering a political question. 689 00:40:57,239 --> 00:41:00,920 Speaker 1: But that seems to be something that we've got to 690 00:41:00,960 --> 00:41:05,680 Speaker 1: get over as a culture before we all embrace a 691 00:41:05,800 --> 00:41:06,680 Speaker 1: union mindset. 692 00:41:07,120 --> 00:41:09,440 Speaker 2: I think we also have to admit it. I mean, 693 00:41:09,560 --> 00:41:12,400 Speaker 2: you admit it. I know that it is true. A 694 00:41:12,400 --> 00:41:15,319 Speaker 2: lot of people will not admit even now, a lot 695 00:41:15,320 --> 00:41:19,040 Speaker 2: of the conversations that we are having are really about 696 00:41:19,120 --> 00:41:22,800 Speaker 2: race and ethnicity. They are not about anything else. I 697 00:41:22,840 --> 00:41:27,120 Speaker 2: don't care whether we's in the immigration space or guy. 698 00:41:27,200 --> 00:41:29,440 Speaker 1: Look at Todd, Donald Trump and the trade unions. He's 699 00:41:29,480 --> 00:41:31,719 Speaker 1: always worried about the trade unions. He's never worried about 700 00:41:31,760 --> 00:41:33,760 Speaker 1: anybody at SEIU exactly. 701 00:41:33,920 --> 00:41:35,000 Speaker 2: And Sciu just. 702 00:41:35,000 --> 00:41:38,560 Speaker 1: Looks that union looks different than the Carpenters Union does. 703 00:41:38,640 --> 00:41:40,960 Speaker 1: Although I would argue the Carpenter's Union looks a lot 704 00:41:41,000 --> 00:41:43,560 Speaker 1: more like SCIU than he thinks, but you get my drift. 705 00:41:43,640 --> 00:41:45,920 Speaker 2: Yeah, well, even the Teamsters, I mean, that was the 706 00:41:45,960 --> 00:41:50,239 Speaker 2: one union that was more inclined to support the Republican 707 00:41:50,320 --> 00:41:54,080 Speaker 2: Party than the Democratic Party, and their membership looks very 708 00:41:54,120 --> 00:41:57,680 Speaker 2: different than the service workers unions. And so one of 709 00:41:57,680 --> 00:41:59,480 Speaker 2: the things we're going to we're going to have to 710 00:41:59,480 --> 00:42:03,960 Speaker 2: stop doing is saying that, well, the problems of the 711 00:42:04,000 --> 00:42:08,160 Speaker 2: middle class are the workers are lazy? Okay, so which 712 00:42:08,200 --> 00:42:11,520 Speaker 2: workers are we talking about? Are we talking about all 713 00:42:11,600 --> 00:42:14,759 Speaker 2: workers or do you have a certain profile of a 714 00:42:14,880 --> 00:42:18,600 Speaker 2: worker in mind? What made me actually think that I 715 00:42:18,640 --> 00:42:21,080 Speaker 2: was sort of onto something here because I've been writing 716 00:42:21,080 --> 00:42:25,200 Speaker 2: this book for an eternity. But it was the twenties, 717 00:42:25,280 --> 00:42:27,640 Speaker 2: it was before the twenty sixteen election. We heard all 718 00:42:27,680 --> 00:42:32,120 Speaker 2: of this, oh the angry middle class, and Hillary Clinton 719 00:42:32,120 --> 00:42:34,560 Speaker 2: and Donald Trump were talking about how much they loved 720 00:42:34,600 --> 00:42:37,120 Speaker 2: the middle class and the angst of the middle class. 721 00:42:37,400 --> 00:42:40,880 Speaker 2: And then I kept asking, so, exactly which middle class 722 00:42:40,920 --> 00:42:46,080 Speaker 2: are we talking about here? Because it is absolutely true, 723 00:42:46,400 --> 00:42:51,120 Speaker 2: absolutely true, that there is economic inequality and that there 724 00:42:51,239 --> 00:42:55,280 Speaker 2: is anxiety. There's economic anxiety, but that has been true 725 00:42:55,320 --> 00:43:01,080 Speaker 2: for black and Latunal workers forever. The shift that we're 726 00:43:01,120 --> 00:43:04,279 Speaker 2: seeing now is the same way that the black and 727 00:43:04,360 --> 00:43:08,080 Speaker 2: Latino middle class has been treated, is the way the 728 00:43:08,320 --> 00:43:12,200 Speaker 2: entire middle class is being treated. And if we can 729 00:43:12,280 --> 00:43:15,360 Speaker 2: get lower and middle income workers to say, this is 730 00:43:15,480 --> 00:43:19,560 Speaker 2: not tribalism, this is not people that don't look like us, 731 00:43:19,719 --> 00:43:23,200 Speaker 2: we are all being treated the same way. None of 732 00:43:23,280 --> 00:43:25,839 Speaker 2: us can afford to send our kids to college, none 733 00:43:25,880 --> 00:43:29,000 Speaker 2: of us can find a forty hour full time job 734 00:43:29,040 --> 00:43:31,279 Speaker 2: where we are called an employee, and none of us 735 00:43:31,280 --> 00:43:33,520 Speaker 2: can find an affordable housing either. 736 00:43:34,480 --> 00:43:38,040 Speaker 1: Look what made I think this book, also why I 737 00:43:38,040 --> 00:43:40,440 Speaker 1: think it should be should be read by all these 738 00:43:40,480 --> 00:43:43,920 Speaker 1: presidential candidates is that, you know, a lot of times 739 00:43:44,040 --> 00:43:50,239 Speaker 1: presidential candidates will focus on poverty, stafe safety net programs 740 00:43:50,719 --> 00:43:58,560 Speaker 1: primarily focused on helping the poor, and these you know, 741 00:43:58,600 --> 00:44:01,359 Speaker 1: whether it's a fight about Medicaid aid right, whether it's 742 00:44:01,400 --> 00:44:05,480 Speaker 1: I and you know the synic and me has often said, look, 743 00:44:06,160 --> 00:44:10,080 Speaker 1: all voters are self centered. Okay, let's let's not pretend 744 00:44:10,120 --> 00:44:14,400 Speaker 1: that they aren't. And that's okay. It's your job as 745 00:44:14,440 --> 00:44:18,600 Speaker 1: the politician to figure out a message that both appeals 746 00:44:19,000 --> 00:44:21,279 Speaker 1: to them and at the same you know, in a 747 00:44:21,320 --> 00:44:23,719 Speaker 1: self centered way, but at the same time can help 748 00:44:24,040 --> 00:44:30,000 Speaker 1: help a greater good. Where do you prioritize poverty programs 749 00:44:30,280 --> 00:44:32,840 Speaker 1: in your vision here for a renewed middle class? Or 750 00:44:32,880 --> 00:44:34,960 Speaker 1: and you sort of see in an odd way that 751 00:44:35,040 --> 00:44:39,360 Speaker 1: it kind of if you revive a intentionally revive a 752 00:44:39,400 --> 00:44:43,200 Speaker 1: middle class, right, because essentially we're arguing that we intentionally 753 00:44:43,360 --> 00:44:47,880 Speaker 1: dismantled it, so you've got to intentionally bring it back 754 00:44:48,880 --> 00:44:52,719 Speaker 1: that you're actually creating an anti poverty program without having 755 00:44:52,760 --> 00:44:53,560 Speaker 1: to target the poor. 756 00:44:54,640 --> 00:44:57,480 Speaker 2: And again, I'll answer this with someone with the story 757 00:44:57,520 --> 00:45:00,040 Speaker 2: with the same course that I taught. I was saying 758 00:45:00,120 --> 00:45:02,839 Speaker 2: something in class and a student said something about either 759 00:45:02,920 --> 00:45:06,480 Speaker 2: Medicaid or AFDC, and I said, oh, no, no, no, no, 760 00:45:06,520 --> 00:45:08,319 Speaker 2: we don't care about poor people in here. And then 761 00:45:08,360 --> 00:45:10,160 Speaker 2: I had to stop myself and say, no, no, no, I 762 00:45:10,160 --> 00:45:12,640 Speaker 2: mean I do care about poor people, that's not the 763 00:45:12,680 --> 00:45:16,440 Speaker 2: focus of this class. And then I realized that my 764 00:45:16,640 --> 00:45:20,319 Speaker 2: emphasis in teaching and also in the book is the 765 00:45:20,360 --> 00:45:23,200 Speaker 2: goal in this country has always been to take people 766 00:45:23,640 --> 00:45:29,319 Speaker 2: from being poor to being middle income upward. Mobility is 767 00:45:29,520 --> 00:45:33,680 Speaker 2: wired into the DNA of people in this country. So 768 00:45:33,840 --> 00:45:38,400 Speaker 2: though I am focusing mostly on the middle class. I 769 00:45:38,480 --> 00:45:41,080 Speaker 2: need us to be sure that we're doing things to 770 00:45:41,200 --> 00:45:46,399 Speaker 2: help poor people to become somewhat financially stable, because without that, 771 00:45:46,800 --> 00:45:50,400 Speaker 2: they can't become middle class. And looping back to a 772 00:45:50,440 --> 00:45:54,160 Speaker 2: comment that you made earlier, everybody wants to be middle class. 773 00:45:54,440 --> 00:45:57,920 Speaker 2: It's the norm. It's viewed as you know, sort of 774 00:45:58,000 --> 00:46:04,480 Speaker 2: apple pie and and America and the national anthem. Given that, 775 00:46:05,080 --> 00:46:08,160 Speaker 2: I think we need to say, let's focus on the 776 00:46:08,200 --> 00:46:12,120 Speaker 2: middle class, because people who are poor are aspiring to 777 00:46:12,239 --> 00:46:13,640 Speaker 2: be middle class. 778 00:46:16,840 --> 00:46:20,840 Speaker 1: Who's the uh, who do you envision are the biggest optic? 779 00:46:21,440 --> 00:46:25,479 Speaker 1: Who are what is the biggest obstacle to your middle 780 00:46:25,480 --> 00:46:28,359 Speaker 1: class new deal? In your mind? When you think about 781 00:46:28,400 --> 00:46:30,120 Speaker 1: the opposition, who is it? 782 00:46:31,480 --> 00:46:37,800 Speaker 2: Billionaires? Billionaires that control Amazon, it is in their best 783 00:46:37,800 --> 00:46:41,720 Speaker 2: interest to keep Amazon, to keep the people that drive 784 00:46:41,800 --> 00:46:47,680 Speaker 2: Amazon trucks employed by DSPs and not employed by Amazon. 785 00:46:48,040 --> 00:46:53,920 Speaker 2: DSP would say that delivery service providers right, It is 786 00:46:54,080 --> 00:46:58,160 Speaker 2: in the best interest of billionaires to be able to 787 00:46:58,320 --> 00:47:02,520 Speaker 2: eliminate jobs and to automate jobs, and to have favorable 788 00:47:02,560 --> 00:47:06,640 Speaker 2: tax credits for being innovative, but not be forced to 789 00:47:06,680 --> 00:47:10,120 Speaker 2: do anything for the human beings that you have now 790 00:47:10,800 --> 00:47:14,720 Speaker 2: caused to lose their jobs. So again, if the lower 791 00:47:14,719 --> 00:47:18,239 Speaker 2: income people that want to become middle class, and if 792 00:47:18,239 --> 00:47:21,040 Speaker 2: the middle class folks who would like to remain middle 793 00:47:21,080 --> 00:47:25,760 Speaker 2: class for the rest of their lives looked up economically 794 00:47:25,800 --> 00:47:29,400 Speaker 2: and said those are the problems, rather than looking around 795 00:47:29,480 --> 00:47:32,920 Speaker 2: at each other and saying, well, because that person is 796 00:47:32,960 --> 00:47:35,879 Speaker 2: of a different race, so that person is a different ethnicity, 797 00:47:36,280 --> 00:47:39,040 Speaker 2: they're are the problem. I think we could actually work 798 00:47:39,080 --> 00:47:40,160 Speaker 2: on some solutions here. 799 00:47:42,200 --> 00:47:45,440 Speaker 1: You know, history doesn't repeat itself, but it often rhymes. 800 00:47:45,560 --> 00:47:49,759 Speaker 1: And you know, it feels like we are in an 801 00:47:49,760 --> 00:47:52,719 Speaker 1: almost identical place that we were about one hundred years ago, 802 00:47:53,400 --> 00:47:58,640 Speaker 1: where you had this incredible new technology industrial revolution. Every 803 00:47:58,719 --> 00:48:05,840 Speaker 1: day was bringing more incredible developments to market, whether it's 804 00:48:06,200 --> 00:48:10,400 Speaker 1: the car right, whether it was electricity, personalized, you know, 805 00:48:10,440 --> 00:48:13,080 Speaker 1: getting it to any place. You know, more and more 806 00:48:13,080 --> 00:48:17,920 Speaker 1: that we got it, and we had to come up 807 00:48:17,960 --> 00:48:20,880 Speaker 1: with a whole bunch of laws because left, you know, 808 00:48:21,360 --> 00:48:24,440 Speaker 1: whether it was the oil barons, the railroad barons, the 809 00:48:24,480 --> 00:48:27,440 Speaker 1: auto barons, left of their own device. They were you know, 810 00:48:27,600 --> 00:48:29,719 Speaker 1: not everybody was going to be like mister Hershey, who 811 00:48:29,760 --> 00:48:31,880 Speaker 1: thought I'm going to build a city with an amusement 812 00:48:31,920 --> 00:48:34,680 Speaker 1: park and have this wonderful community. There were a few 813 00:48:35,160 --> 00:48:40,560 Speaker 1: companies people like that, but not many Hershey. I find 814 00:48:40,600 --> 00:48:44,560 Speaker 1: that to be just just as a quick sort of 815 00:48:44,600 --> 00:48:51,439 Speaker 1: a sidetrack here. Where do you put Hershey in sort 816 00:48:51,480 --> 00:48:56,279 Speaker 1: of that in that world of you know, should corporations 817 00:48:56,320 --> 00:48:58,680 Speaker 1: behave the way he did in building a community and 818 00:48:58,719 --> 00:49:03,440 Speaker 1: wanting to have that or was that just sort of 819 00:49:03,480 --> 00:49:10,360 Speaker 1: an outlier type of thing that wouldn't work for other industries. 820 00:49:10,800 --> 00:49:13,920 Speaker 2: I think it would work for all industries if again, 821 00:49:14,080 --> 00:49:16,880 Speaker 2: we work on the from the premise that we would 822 00:49:16,960 --> 00:49:21,399 Speaker 2: like to have happy, healthy workers. So you don't need 823 00:49:21,440 --> 00:49:24,840 Speaker 2: to build a community, but you could commit, for example, 824 00:49:25,239 --> 00:49:29,960 Speaker 2: that whatever the top workers earn won't be a larger 825 00:49:30,000 --> 00:49:32,960 Speaker 2: than a fill in the blanks multiple of what the 826 00:49:33,400 --> 00:49:35,480 Speaker 2: forest workers earn. 827 00:49:35,520 --> 00:49:37,840 Speaker 1: Say, that's Costco right now. About the biggest company that 828 00:49:37,880 --> 00:49:43,040 Speaker 1: does this is Costco right The CEO always emphasizes that ratio. 829 00:49:43,080 --> 00:49:45,640 Speaker 2: I believe yeah, and I am a Costco member. I 830 00:49:45,680 --> 00:49:48,320 Speaker 2: will always be a Costco member. When I go into Costco, 831 00:49:48,400 --> 00:49:52,319 Speaker 2: these are the happiest employees you will ever see. I 832 00:49:52,360 --> 00:49:54,879 Speaker 2: took my children. Now we're twenty two and twenty five, 833 00:49:54,920 --> 00:49:57,320 Speaker 2: but we and their boys so they would eat everything 834 00:49:57,360 --> 00:50:00,319 Speaker 2: that wasn't nailed down. We'd go into Costco and get 835 00:50:00,320 --> 00:50:05,360 Speaker 2: those samples. They have gone back now as adults and 836 00:50:05,440 --> 00:50:08,680 Speaker 2: have seen some of the same employees that used to 837 00:50:08,719 --> 00:50:11,960 Speaker 2: allow them to raid the samples when they were children. 838 00:50:12,360 --> 00:50:15,480 Speaker 2: So it can work. It definitely can work. 839 00:50:19,239 --> 00:50:21,560 Speaker 1: Well, what kind of you know if you had if 840 00:50:21,600 --> 00:50:25,799 Speaker 1: you had an hour to brief President Trump on this, 841 00:50:25,920 --> 00:50:27,880 Speaker 1: what do you think would be your best way to 842 00:50:27,880 --> 00:50:28,960 Speaker 1: get him interested in US? 843 00:50:29,840 --> 00:50:34,080 Speaker 2: I would say that your constituents, the people that support you, 844 00:50:34,880 --> 00:50:40,040 Speaker 2: are struggling. They are not struggling because of race issues 845 00:50:40,440 --> 00:50:44,279 Speaker 2: and class issues. They are struggling because they don't know 846 00:50:44,320 --> 00:50:46,200 Speaker 2: how they're going to pay their bills at the end 847 00:50:46,280 --> 00:50:49,600 Speaker 2: of this month. So if you want these people to 848 00:50:49,680 --> 00:50:52,920 Speaker 2: continue to support you, you're going to have to figure 849 00:50:52,920 --> 00:50:56,720 Speaker 2: out a way not to just say they're doing okay, 850 00:50:57,520 --> 00:51:01,760 Speaker 2: but to actually help them to do okay. We can't 851 00:51:01,920 --> 00:51:04,160 Speaker 2: He will not be able to continue to tell people 852 00:51:04,440 --> 00:51:08,440 Speaker 2: that the affordability issue is a hoax, because at the 853 00:51:08,560 --> 00:51:10,800 Speaker 2: end of every month, when people don't have enough to 854 00:51:10,840 --> 00:51:13,200 Speaker 2: pay their bills for that month, they know it's not 855 00:51:13,239 --> 00:51:14,799 Speaker 2: a hoax because they're living it. 856 00:51:16,000 --> 00:51:18,800 Speaker 1: Do you view the election of Donald Trump as the 857 00:51:18,920 --> 00:51:20,320 Speaker 1: middle class primal screen. 858 00:51:22,120 --> 00:51:26,240 Speaker 2: I viewed the twenty sixteen election as the middle class 859 00:51:26,280 --> 00:51:32,360 Speaker 2: primal screen, but it was the fight middle class primal 860 00:51:32,400 --> 00:51:35,000 Speaker 2: screen because it was the first time I think that 861 00:51:35,320 --> 00:51:39,160 Speaker 2: white Americans realized, ooh, something is wrong here, and they 862 00:51:39,200 --> 00:51:42,000 Speaker 2: didn't exactly know how to react, but they knew it 863 00:51:42,120 --> 00:51:46,040 Speaker 2: in their heart, their soul, and their pockets that something 864 00:51:46,120 --> 00:51:49,000 Speaker 2: is happening to us now that isn't supposed to be 865 00:51:49,120 --> 00:51:50,240 Speaker 2: happening to us. 866 00:51:50,800 --> 00:51:55,719 Speaker 1: And the risk of not addressing this erosion of the 867 00:51:55,760 --> 00:51:59,239 Speaker 1: middle class, because that's I mean, look, you give me, 868 00:51:59,640 --> 00:52:02,320 Speaker 1: you know, I look at you know, how did Venezuela 869 00:52:02,360 --> 00:52:07,279 Speaker 1: get Chavez and Maduro? You had a wealthy elite and 870 00:52:07,360 --> 00:52:11,359 Speaker 1: a massive number of poor people, no middle class. How 871 00:52:11,400 --> 00:52:16,080 Speaker 1: did Arawan turn a democracy into an autocracy? No middle class? 872 00:52:16,120 --> 00:52:21,120 Speaker 1: So I know the political risk here of eroding a 873 00:52:21,160 --> 00:52:24,960 Speaker 1: middle class. It will drive people into one direction or 874 00:52:24,960 --> 00:52:27,839 Speaker 1: the other, but it will drive them into you know, 875 00:52:28,080 --> 00:52:31,080 Speaker 1: is this We've got ten years, We've got twenty years? 876 00:52:31,160 --> 00:52:33,680 Speaker 1: Is this fear of a lost generation? What is your 877 00:52:33,680 --> 00:52:36,920 Speaker 1: timetable here of like, look, regardless of whether they your 878 00:52:36,920 --> 00:52:40,960 Speaker 1: book is the blueprint, We've got to do something about 879 00:52:41,200 --> 00:52:43,719 Speaker 1: saving the middle class and expanding it rather than what 880 00:52:43,760 --> 00:52:44,239 Speaker 1: we've seen. 881 00:52:44,960 --> 00:52:48,120 Speaker 2: I think it's less than definitely less than twenty years. 882 00:52:48,160 --> 00:52:50,480 Speaker 2: I would say it's less than ten years. One of 883 00:52:50,520 --> 00:52:52,640 Speaker 2: the reasons I would say it's less than ten years 884 00:52:52,719 --> 00:52:57,040 Speaker 2: is because even the younger boomers are going to be 885 00:52:57,200 --> 00:53:00,800 Speaker 2: retiring soon or thinking about retiring, and they're going to 886 00:53:00,840 --> 00:53:05,280 Speaker 2: freak out in panic because they can't retire. Their children 887 00:53:05,600 --> 00:53:09,799 Speaker 2: are going to increasingly have to subsidize their housing and 888 00:53:09,880 --> 00:53:13,680 Speaker 2: their living expenses. And so I totally agree with you. 889 00:53:13,920 --> 00:53:15,920 Speaker 2: We need to look a little bit to the history, though, 890 00:53:15,960 --> 00:53:19,040 Speaker 2: I want to focus going forward to say how do 891 00:53:19,200 --> 00:53:24,600 Speaker 2: these economies end? They don't end well. So the fact 892 00:53:24,600 --> 00:53:27,200 Speaker 2: that there was a Great Gatsby party at Mara a 893 00:53:27,280 --> 00:53:29,920 Speaker 2: Lago over Christmas, I thought, oh, that is a symbol 894 00:53:29,960 --> 00:53:33,160 Speaker 2: that you perhaps really don't want to have. 895 00:53:33,800 --> 00:53:37,040 Speaker 1: Oh they've done some things. You're just sitting there going, wow, 896 00:53:37,080 --> 00:53:39,000 Speaker 1: that was a let the meat cake moment they have. 897 00:53:39,160 --> 00:53:41,640 Speaker 1: You know, there's this exclusive club that they've created in 898 00:53:41,719 --> 00:53:43,840 Speaker 1: DC where the entry fee is a half a million 899 00:53:43,880 --> 00:53:46,120 Speaker 1: dollars and you're like, what are we doing? 900 00:53:46,719 --> 00:53:51,040 Speaker 2: Yeah, and you probably want to hide that from the 901 00:53:51,280 --> 00:53:56,080 Speaker 2: eighty percent of the people in this country that are terrified. 902 00:53:55,719 --> 00:53:58,360 Speaker 1: That they're going to shocking that they didn't hide it. Yeah, 903 00:53:58,360 --> 00:54:01,239 Speaker 1: that's I think, why aren't you embarrassed by this? 904 00:54:02,840 --> 00:54:04,919 Speaker 2: Maybe they're all in an echo chamber and they really 905 00:54:04,960 --> 00:54:08,000 Speaker 2: don't talk to anybody that earns like, you know, ninety 906 00:54:08,080 --> 00:54:09,919 Speaker 2: or even one hundred thousand dollars a year. 907 00:54:10,360 --> 00:54:11,680 Speaker 1: You know, this is why I really like this book. 908 00:54:11,680 --> 00:54:13,719 Speaker 1: And I'm going to close on this, which is it 909 00:54:13,800 --> 00:54:16,759 Speaker 1: is Look, you know, I've always tried to explain, you know, 910 00:54:16,800 --> 00:54:21,200 Speaker 1: why do why do middle class people not want to rate, 911 00:54:21,320 --> 00:54:23,760 Speaker 1: not always want to raise taxes on high class people 912 00:54:23,800 --> 00:54:26,279 Speaker 1: because they think they're going to be wealthy someday. Right, 913 00:54:26,440 --> 00:54:28,440 Speaker 1: That's the beauty of Americas. We all think, well, that 914 00:54:28,440 --> 00:54:30,719 Speaker 1: could be me, and it's like the ninety percent chance 915 00:54:30,719 --> 00:54:33,319 Speaker 1: it ain't going to be you. But you know what, 916 00:54:33,520 --> 00:54:35,560 Speaker 1: if we don't have that mindset that you know, that 917 00:54:35,680 --> 00:54:38,120 Speaker 1: is sort of that is what has always sort of 918 00:54:38,160 --> 00:54:42,360 Speaker 1: created the engine of growth in this in this country. So, 919 00:54:43,200 --> 00:54:46,120 Speaker 1: you know, how do you embrace the aspiration? You know, 920 00:54:46,239 --> 00:54:48,440 Speaker 1: making middle class aspirational? 921 00:54:49,120 --> 00:54:51,919 Speaker 2: Is that well, And one of the things that really 922 00:54:51,960 --> 00:54:53,560 Speaker 2: scares me, and again it is because I have a 923 00:54:53,600 --> 00:54:56,600 Speaker 2: twenty two, twenty five year old, and I also teach 924 00:54:57,239 --> 00:55:00,200 Speaker 2: students sort of ranging from twenty two to thirty. Is 925 00:55:00,239 --> 00:55:04,680 Speaker 2: there's sort of this economic nihilism which terrifies me, where 926 00:55:04,920 --> 00:55:08,560 Speaker 2: they don't think things are going to get better, where 927 00:55:08,600 --> 00:55:13,120 Speaker 2: they are angry at older people. We've got to fix 928 00:55:13,200 --> 00:55:17,440 Speaker 2: that if we want this country to remain normal and 929 00:55:17,520 --> 00:55:21,920 Speaker 2: stable economically and politically. To the point that you've just made, 930 00:55:22,040 --> 00:55:26,000 Speaker 2: we have got to make young people believe that if 931 00:55:26,000 --> 00:55:30,040 Speaker 2: they work hard, they try hard, things will be good 932 00:55:30,080 --> 00:55:31,920 Speaker 2: for them or things will get better. 933 00:55:32,440 --> 00:55:34,600 Speaker 1: It's a great Bill Clinton isn't right, work hard, play by. 934 00:55:34,480 --> 00:55:36,120 Speaker 2: The rules exactly exactly. 935 00:55:36,160 --> 00:55:39,920 Speaker 1: That was all. And I think that is a universalism. 936 00:55:40,239 --> 00:55:42,760 Speaker 1: You know, it's funny. It's like there's for a variety 937 00:55:42,800 --> 00:55:45,200 Speaker 1: of reasons, there's a lot of sort of of the 938 00:55:45,239 --> 00:55:48,319 Speaker 1: Bill Clinton era that gets ignored or it's been sort 939 00:55:48,320 --> 00:55:51,480 Speaker 1: of washed away and all this stuff. But one thing 940 00:55:51,520 --> 00:55:55,759 Speaker 1: he understood was the middle class. It's a way that 941 00:55:56,800 --> 00:55:59,479 Speaker 1: I don't I don't know, and in some ways because 942 00:55:59,480 --> 00:56:03,520 Speaker 1: he was of it right, and I wonder how important 943 00:56:03,719 --> 00:56:08,759 Speaker 1: you know that experience truly is with our elected officials. 944 00:56:09,080 --> 00:56:12,080 Speaker 2: Well, for him it was key because not only could 945 00:56:12,080 --> 00:56:15,799 Speaker 2: he talk about the middle class. He could talk to 946 00:56:15,920 --> 00:56:18,040 Speaker 2: the middle class because there was a point in his 947 00:56:18,040 --> 00:56:20,680 Speaker 2: life when he was poor, right, And so when you 948 00:56:20,840 --> 00:56:25,080 Speaker 2: have gone, when you understand the importance of upward mobility, 949 00:56:25,400 --> 00:56:27,880 Speaker 2: that you were a poor kid in arc and Hope, 950 00:56:28,040 --> 00:56:32,879 Speaker 2: Arkansas who ultimately occupied sixteen hundred Pennsylvania abvenue, you can 951 00:56:33,000 --> 00:56:36,600 Speaker 2: speak about the struggles of the poor and what it 952 00:56:36,640 --> 00:56:39,600 Speaker 2: takes to get from there to where he was because 953 00:56:39,600 --> 00:56:41,239 Speaker 2: he literally had to do it. 954 00:56:41,880 --> 00:56:44,319 Speaker 1: Yeah. Now, I remember during his early campaign that the 955 00:56:44,400 --> 00:56:46,720 Speaker 1: number one place he would campaign, no matter the community 956 00:56:46,760 --> 00:56:48,480 Speaker 1: he was in, was always the community college. 957 00:56:48,760 --> 00:56:49,640 Speaker 2: Oh exactly. 958 00:56:49,920 --> 00:56:54,520 Speaker 1: He knew exactly exactly the type of people that he 959 00:56:54,560 --> 00:56:57,880 Speaker 1: should be talking to. Anyway, Michelle, this was great. Congrats 960 00:56:57,880 --> 00:57:00,400 Speaker 1: in the book. Like I said, I hope you know, 961 00:57:00,440 --> 00:57:04,680 Speaker 1: whether it's Gavin Newsom, jd Vance, Ram, Emanuel Pete Boodage, 962 00:57:05,440 --> 00:57:10,200 Speaker 1: Glenn Younkin, anybody else. This is they ought to consume 963 00:57:10,280 --> 00:57:13,120 Speaker 1: this book as they think about what they want to 964 00:57:13,120 --> 00:57:15,000 Speaker 1: say to the American people in twenty twenty eight. 965 00:57:15,360 --> 00:57:16,440 Speaker 2: And I hope they do too. 966 00:57:16,960 --> 00:57:21,760 Speaker 1: All right, thanks so much, thanks for having me. Huh.