1 00:00:03,800 --> 00:00:06,760 Speaker 1: On this episode of Newts World, I'm joined by members 2 00:00:06,760 --> 00:00:11,000 Speaker 1: of my Inner Circle Club for a fascinating conversation about 3 00:00:11,000 --> 00:00:13,680 Speaker 1: a wide range of issues and topics on their minds. 4 00:00:14,360 --> 00:00:17,520 Speaker 1: We hold these regular video conference calls so that we 5 00:00:17,520 --> 00:00:20,720 Speaker 1: can have an honest discussion about what is happening in 6 00:00:20,760 --> 00:00:24,840 Speaker 1: America today. I find it extraordinarily helpful to me personally 7 00:00:25,120 --> 00:00:27,440 Speaker 1: and helping think through the issues that are facing us. 8 00:00:27,960 --> 00:00:31,200 Speaker 1: So I hope you'll find this episode of Newts World informative, 9 00:00:31,600 --> 00:00:33,519 Speaker 1: and if you'd like to become a member of my 10 00:00:33,560 --> 00:00:36,599 Speaker 1: Inner Circle Club, please go to newts Inner Circle dot 11 00:00:36,680 --> 00:00:43,839 Speaker 1: com and sign up for a one or two year membership. Today, 12 00:00:47,600 --> 00:00:50,479 Speaker 1: I want to thank all of you for belonging to 13 00:00:50,479 --> 00:00:53,080 Speaker 1: the Inner Circle. I helpe you had a chance to 14 00:00:53,120 --> 00:00:55,400 Speaker 1: be with us a few weeks ago when we had 15 00:00:55,480 --> 00:00:58,520 Speaker 1: Chairman Jim Jordan of the Judiciary Committee, who I thought 16 00:00:58,640 --> 00:01:01,360 Speaker 1: did a great job in briefing us and what they're 17 00:01:01,440 --> 00:01:04,000 Speaker 1: up to and what they're doing. And so I think 18 00:01:04,440 --> 00:01:08,000 Speaker 1: we will continue on occasion to have different committee chairs 19 00:01:08,000 --> 00:01:11,000 Speaker 1: and different leadership members and maybe reach out to a 20 00:01:11,000 --> 00:01:14,440 Speaker 1: couple of governors to join us on the Inner Circle. 21 00:01:15,040 --> 00:01:18,240 Speaker 1: I personally always find it useful because the questions that 22 00:01:18,360 --> 00:01:21,319 Speaker 1: come in both are informative and they help direct my 23 00:01:21,360 --> 00:01:24,560 Speaker 1: own thinking towards issues and what people are concerned about. 24 00:01:24,640 --> 00:01:28,680 Speaker 1: So I encourage you to remain active and also to 25 00:01:28,720 --> 00:01:31,440 Speaker 1: submit questions, and if you have friends who you think 26 00:01:31,520 --> 00:01:35,200 Speaker 1: would really enjoy this, encourage them to come and join 27 00:01:35,319 --> 00:01:37,600 Speaker 1: us at the Inner Circle. Just a couple of thoughts. 28 00:01:37,880 --> 00:01:41,479 Speaker 1: The new Committee on China, Let's turn out so far 29 00:01:41,520 --> 00:01:44,800 Speaker 1: to be very bipartisan, and I think that's an interesting 30 00:01:44,840 --> 00:01:48,560 Speaker 1: positive example. The truth is, there was a number of 31 00:01:48,680 --> 00:01:52,320 Speaker 1: bipartisan votes so far in the new House, and I 32 00:01:52,360 --> 00:01:56,080 Speaker 1: would say that Speaker McCarthy's moving towards having a lot 33 00:01:56,120 --> 00:02:00,240 Speaker 1: more Democratic votes for his bills than Pelosi ever got 34 00:02:00,280 --> 00:02:02,160 Speaker 1: from the Republicans. So it's going to be interesting to 35 00:02:02,160 --> 00:02:05,640 Speaker 1: see how it evolves. I also can report we're going 36 00:02:05,680 --> 00:02:09,679 Speaker 1: to see, I think, a serious effort to get significant 37 00:02:09,760 --> 00:02:13,600 Speaker 1: change in spending patterns on the debt ceiling. Biden is 38 00:02:13,600 --> 00:02:15,800 Speaker 1: trying to pretend he doesn't have to do anything about it, 39 00:02:16,040 --> 00:02:18,160 Speaker 1: but the truth is, in the end he's going to 40 00:02:18,240 --> 00:02:20,840 Speaker 1: have to negotiate if he's going to get anything done. 41 00:02:21,200 --> 00:02:23,680 Speaker 1: And I think that Speaker McCarthy and his team have 42 00:02:23,760 --> 00:02:26,560 Speaker 1: been very good so far in pushing in that direction. 43 00:02:27,000 --> 00:02:30,600 Speaker 1: I would also note that the investigations continue to move forward. 44 00:02:30,960 --> 00:02:34,560 Speaker 1: We're learning more and more about different things that aren't working, 45 00:02:34,960 --> 00:02:37,880 Speaker 1: different things where we have people literally coming out of 46 00:02:37,919 --> 00:02:42,320 Speaker 1: the woodwork to be whistleblowers. We're having some pretty startling 47 00:02:42,400 --> 00:02:45,800 Speaker 1: things about corruption, about people who are breaking the law, 48 00:02:46,240 --> 00:02:48,720 Speaker 1: and a broader variety of other issues, and I think 49 00:02:48,960 --> 00:02:51,919 Speaker 1: all those will be developing over the next few months. 50 00:02:52,400 --> 00:02:55,640 Speaker 1: I also think that it's very significant that the Department 51 00:02:55,639 --> 00:02:59,440 Speaker 1: of Energy has issue to report that indicates that they 52 00:02:59,480 --> 00:03:04,000 Speaker 1: believe that COVID nineteen did come out of the Wuhan 53 00:03:04,080 --> 00:03:08,720 Speaker 1: Chinese Communist lab, which was clearly a military lab, and 54 00:03:08,800 --> 00:03:12,040 Speaker 1: I think that really puts in question the honesty of 55 00:03:12,080 --> 00:03:15,560 Speaker 1: people like doctor Fauschi. It also puts in question the 56 00:03:15,560 --> 00:03:17,920 Speaker 1: whole effort that was made to convince us that it 57 00:03:18,000 --> 00:03:20,960 Speaker 1: was all an accident, came out of nature, and it 58 00:03:21,000 --> 00:03:23,720 Speaker 1: makes you wonder what their reasoning was. And I've been 59 00:03:23,760 --> 00:03:27,959 Speaker 1: gone back in reading some of Fausci's testimony and it's 60 00:03:27,960 --> 00:03:31,440 Speaker 1: one of those things where he's very clever about how 61 00:03:31,480 --> 00:03:33,840 Speaker 1: he says things. He said. For example, or the US 62 00:03:33,919 --> 00:03:36,800 Speaker 1: goverman didn't fund the Wuhan lab. Well, the fact is 63 00:03:36,800 --> 00:03:41,320 Speaker 1: the US government funded the nonprofit which was then funding 64 00:03:41,320 --> 00:03:45,240 Speaker 1: the Wuhan lab. So the truth is your tax dollars 65 00:03:45,320 --> 00:03:49,240 Speaker 1: went to the Chinese communist to do lab work on COVID. 66 00:03:49,720 --> 00:03:52,200 Speaker 1: Then there's no way that I think that Fauschi can 67 00:03:52,240 --> 00:03:55,280 Speaker 1: get away from that. So he plays a lot of games. 68 00:03:55,520 --> 00:03:58,040 Speaker 1: I think that's all going to come crashing down, and 69 00:03:58,080 --> 00:04:00,760 Speaker 1: I think that you're going to see a various effort 70 00:04:01,120 --> 00:04:04,520 Speaker 1: to really come to grips now with what the Chinese 71 00:04:04,520 --> 00:04:07,600 Speaker 1: have done. I would point out that there are a 72 00:04:07,640 --> 00:04:13,680 Speaker 1: number of examples of precedent for lawsuits. The Lockerbie bombing, 73 00:04:13,720 --> 00:04:16,160 Speaker 1: which was done by Libya altamately ended up in a 74 00:04:16,240 --> 00:04:18,880 Speaker 1: lawsuit for the families of the people who were killed. 75 00:04:19,279 --> 00:04:23,080 Speaker 1: There has been lawsuits filed now about Saudi Arabia and 76 00:04:23,160 --> 00:04:26,120 Speaker 1: responsibility for nine to eleven. There was a huge judgment 77 00:04:26,160 --> 00:04:29,719 Speaker 1: I think it was four billion dollars against the Iranian government. 78 00:04:30,160 --> 00:04:33,880 Speaker 1: Or the hostage crisis in nineteen seventy nine, when American 79 00:04:33,920 --> 00:04:36,840 Speaker 1: diplomats were held as hostages. So there are a lot 80 00:04:36,920 --> 00:04:39,359 Speaker 1: of precedents out there, and I think we should be 81 00:04:39,400 --> 00:04:43,839 Speaker 1: exploring a variety of ways to make the Chinese communists 82 00:04:43,839 --> 00:04:46,840 Speaker 1: pay for what they did. A million, one hundred thousand 83 00:04:46,880 --> 00:04:50,960 Speaker 1: Americans died from COVID. The COVID came from China. There's 84 00:04:51,040 --> 00:04:54,120 Speaker 1: no question that came from Wuhan, and I think, frankly, 85 00:04:54,440 --> 00:04:57,520 Speaker 1: there's not any serious person who doubts that came from 86 00:04:57,560 --> 00:05:01,400 Speaker 1: the Wuhan lab. I find it very strange. Senator Marco 87 00:05:01,480 --> 00:05:05,360 Speaker 1: Rubio was very good a while back in pinning doctor Faucian, 88 00:05:05,440 --> 00:05:08,440 Speaker 1: pointing out that I think it took them four months 89 00:05:08,480 --> 00:05:11,640 Speaker 1: to figure out where stars came from. It took them 90 00:05:11,680 --> 00:05:15,200 Speaker 1: about six months to figure out where MRSA came from. 91 00:05:15,320 --> 00:05:17,719 Speaker 1: They have not been able to find an animal source 92 00:05:18,360 --> 00:05:22,120 Speaker 1: at all since the emergence of COVID, which probably have 93 00:05:22,240 --> 00:05:26,520 Speaker 1: cared about in November of twenty nineteen. Now. I think 94 00:05:26,520 --> 00:05:28,760 Speaker 1: they haven't found an animal source because there isn't one. 95 00:05:29,240 --> 00:05:31,800 Speaker 1: I think this has all been a desperate effort by 96 00:05:32,000 --> 00:05:35,479 Speaker 1: our elite researchers. And let's be clear, it was our 97 00:05:35,480 --> 00:05:39,880 Speaker 1: elite researchers and the Chinese communists together to get us 98 00:05:39,880 --> 00:05:42,279 Speaker 1: to not pay attention to how much this was a 99 00:05:42,400 --> 00:05:45,440 Speaker 1: Chinese induced problem. So I think that's going to be 100 00:05:45,440 --> 00:05:49,159 Speaker 1: a major concern. I would also point out that I 101 00:05:49,200 --> 00:05:52,560 Speaker 1: think that Ukraine it was a nice publicity stunt for 102 00:05:52,720 --> 00:05:54,080 Speaker 1: Biden to go there, and you have to give him 103 00:05:54,080 --> 00:05:56,560 Speaker 1: some credit for having the courage to go to Kiev. 104 00:05:56,960 --> 00:05:59,200 Speaker 1: But at the same time, it would have been better 105 00:05:59,279 --> 00:06:01,560 Speaker 1: had he arrived the whole bunch of tanks and with 106 00:06:01,640 --> 00:06:04,880 Speaker 1: some F fifteens and with the weapons they need. If 107 00:06:04,920 --> 00:06:08,080 Speaker 1: the Ukrainians can get the weapons they need, they're going 108 00:06:08,120 --> 00:06:11,279 Speaker 1: to defeat the Russians. If they don't get the weapons 109 00:06:11,360 --> 00:06:13,960 Speaker 1: they need, they're going to continue to take casualties at 110 00:06:14,000 --> 00:06:17,000 Speaker 1: a frightening rate, and ultimately, sooner or later, they're going 111 00:06:17,040 --> 00:06:19,760 Speaker 1: to be forced to negotiate. That I think would be 112 00:06:19,839 --> 00:06:23,760 Speaker 1: very bad because if Prudent learns that by brute force 113 00:06:24,279 --> 00:06:27,160 Speaker 1: he can attack Ukraine, next on the list is going 114 00:06:27,200 --> 00:06:30,800 Speaker 1: to be either Poland or Estonia, let fiad Lithuania. But 115 00:06:30,880 --> 00:06:33,640 Speaker 1: if I were any of his neighbors, I would feel very, 116 00:06:33,760 --> 00:06:37,080 Speaker 1: very worried if in fact, the Russia is allowed to win. 117 00:06:37,560 --> 00:06:40,960 Speaker 1: So I think the European Allies and the Americans are 118 00:06:41,040 --> 00:06:45,000 Speaker 1: to do a lot more faster. The sooner we defeat Russia, 119 00:06:45,320 --> 00:06:49,000 Speaker 1: the sooner the war is over, the more Ukrainians will 120 00:06:49,040 --> 00:06:52,840 Speaker 1: be alive and the less it will cost. Long wars 121 00:06:52,880 --> 00:06:54,800 Speaker 1: both cost a lot of money and they cost a 122 00:06:54,800 --> 00:06:56,960 Speaker 1: lot of lives. And what we've done, I think for 123 00:06:57,000 --> 00:06:59,200 Speaker 1: the last year is the immoral. If we wanted the 124 00:06:59,279 --> 00:07:02,440 Speaker 1: Ukrainians to we should have gotten them tons of equipment 125 00:07:02,920 --> 00:07:05,599 Speaker 1: within sixty or ninety days of the war starting. We 126 00:07:05,640 --> 00:07:07,359 Speaker 1: should have done everything we could to train them and 127 00:07:07,400 --> 00:07:11,040 Speaker 1: help them. And its gradual slow spilled up. I think 128 00:07:11,320 --> 00:07:14,440 Speaker 1: results are a lot more Ukrainians dying and actually cost 129 00:07:14,520 --> 00:07:17,000 Speaker 1: more in the long run than an all out effort would. 130 00:07:17,000 --> 00:07:20,160 Speaker 1: So I'm still very concerned. I think it is possible 131 00:07:20,200 --> 00:07:23,320 Speaker 1: for the Russians to win by sheer persistence. Remember they 132 00:07:23,360 --> 00:07:27,200 Speaker 1: are a much bigger country in population than Ukraine, and 133 00:07:27,280 --> 00:07:30,400 Speaker 1: while they have taken terrible casualties and they have lost 134 00:07:30,400 --> 00:07:33,000 Speaker 1: an awful lot of men, they still have an ability. 135 00:07:33,240 --> 00:07:36,200 Speaker 1: If it comes down to trading one for one, Ukrainians 136 00:07:36,240 --> 00:07:38,800 Speaker 1: will be in trouble. If we give them the qualitative 137 00:07:38,920 --> 00:07:41,520 Speaker 1: edge so that they have weapons that are dramatically better 138 00:07:41,520 --> 00:07:44,400 Speaker 1: than the Russians, then the exchange rate gets to be 139 00:07:44,440 --> 00:07:47,680 Speaker 1: so favorable to Ukraine that the Russians will collapse and 140 00:07:47,720 --> 00:07:50,600 Speaker 1: will have to withdraw. The good news was that at 141 00:07:50,640 --> 00:07:54,160 Speaker 1: its peak the Russian invasion had occupied a little more 142 00:07:54,200 --> 00:07:57,880 Speaker 1: than one fourth of Ukraine twenty seven percent. They've now 143 00:07:57,960 --> 00:08:01,920 Speaker 1: lost enough ground that they're down eighteen so they lost 144 00:08:01,960 --> 00:08:04,840 Speaker 1: basically a third of the ground they had at their peak. Now, 145 00:08:04,880 --> 00:08:06,720 Speaker 1: whether they're going to be able to launch one more 146 00:08:06,800 --> 00:08:10,000 Speaker 1: offensive and try to regain ground, we just still know yet. 147 00:08:10,040 --> 00:08:13,040 Speaker 1: But I think it's a significant sign that, unlike what 148 00:08:13,120 --> 00:08:15,200 Speaker 1: we were told by the Chief of Staff the Chair 149 00:08:15,240 --> 00:08:17,640 Speaker 1: of the Joint Chiefs that the Russians are being keV 150 00:08:17,720 --> 00:08:20,000 Speaker 1: in three days, that turned out to be a total 151 00:08:20,120 --> 00:08:23,440 Speaker 1: mistake and a big intelligence error. And I think it's 152 00:08:23,480 --> 00:08:26,160 Speaker 1: a sign that we really have to rethink a lot 153 00:08:26,200 --> 00:08:29,880 Speaker 1: about our national security system because it got to Afghanistan wrong. 154 00:08:30,240 --> 00:08:33,120 Speaker 1: I think it's gotten COVID wrong, and it's certainly got 155 00:08:33,240 --> 00:08:36,960 Speaker 1: Ukraine wrong. So those are some sweeping initial comments. I 156 00:08:37,000 --> 00:08:39,000 Speaker 1: would point out that Governor de Senis has a new 157 00:08:39,040 --> 00:08:42,079 Speaker 1: bookout and he's going to do very well. It is 158 00:08:42,200 --> 00:08:45,960 Speaker 1: largely a two person race on our side between President 159 00:08:46,000 --> 00:08:49,120 Speaker 1: Trump and Governor de Senates. But I noticed that in 160 00:08:49,160 --> 00:08:52,319 Speaker 1: the first days after Nicky Haley announced, she jumped from 161 00:08:52,320 --> 00:08:55,199 Speaker 1: three to nine percent and support. So who knows. I mean, 162 00:08:55,679 --> 00:08:57,560 Speaker 1: Mike Pence is probably going to get in a race. 163 00:08:57,880 --> 00:09:01,400 Speaker 1: Vice President of Pence, Secretary State Pompeio is probably going 164 00:09:01,440 --> 00:09:03,920 Speaker 1: to get in the race. I think concentator Tim Scott's 165 00:09:03,920 --> 00:09:06,120 Speaker 1: probably going to get in the race. So it may 166 00:09:06,160 --> 00:09:08,520 Speaker 1: get to be a lot more interesting before it's all over, 167 00:09:08,600 --> 00:09:11,040 Speaker 1: and we will occasionally on the inner circle have a 168 00:09:11,120 --> 00:09:27,720 Speaker 1: chance to talk about all that. Claire, do we have 169 00:09:27,760 --> 00:09:31,199 Speaker 1: any questions or comments? Our first question nut comes from 170 00:09:31,240 --> 00:09:35,680 Speaker 1: Alex in Tennessee. Alex writes the US is on track 171 00:09:35,800 --> 00:09:39,400 Speaker 1: to add nineteen trillion dollars to the national debt over 172 00:09:39,440 --> 00:09:42,360 Speaker 1: the next ten years, meaning that the debt will total 173 00:09:42,440 --> 00:09:45,880 Speaker 1: one hundred and eighteen percent of economic output by twenty 174 00:09:45,920 --> 00:09:49,360 Speaker 1: thirty three. What are your opinions on the ongoing debt 175 00:09:49,400 --> 00:09:52,680 Speaker 1: ceiling debate? How do we get to a balanced budget? Well? 176 00:09:52,720 --> 00:09:55,080 Speaker 1: I think first we re established the moral im parody 177 00:09:55,520 --> 00:09:57,800 Speaker 1: of balancing the budget. That's what we did in the 178 00:09:57,880 --> 00:10:01,640 Speaker 1: nineteen nineties. The country rallied around that cause and we 179 00:10:01,760 --> 00:10:05,960 Speaker 1: got Bill Clinton, a Democrat, to sign four consecutive balanced budgets. 180 00:10:06,360 --> 00:10:09,120 Speaker 1: When I left the speakership, the chair in the Federal Reserve. 181 00:10:09,160 --> 00:10:12,599 Speaker 1: Alan Greenspan was making a speech that they thought we 182 00:10:12,640 --> 00:10:15,520 Speaker 1: would probably pay off the entire federal debt by two 183 00:10:15,520 --> 00:10:18,840 Speaker 1: thousand and nine. So I think that's proof historically that 184 00:10:19,000 --> 00:10:21,640 Speaker 1: we can balance the budget. We can pay down the 185 00:10:21,720 --> 00:10:26,800 Speaker 1: national debt. It requires basically three things, very dramatic economic growth. 186 00:10:27,000 --> 00:10:30,520 Speaker 1: Last week had a long zoom meeting with doctor Art Laugher, 187 00:10:30,800 --> 00:10:33,240 Speaker 1: who developed the Laugher curve and was one of the 188 00:10:33,320 --> 00:10:36,640 Speaker 1: original advocates of the Reagan tax cuts. We talked about 189 00:10:36,679 --> 00:10:38,640 Speaker 1: the fact that if we just got back up to 190 00:10:38,720 --> 00:10:43,000 Speaker 1: the normal average between nineteen forty six and two thousand, 191 00:10:43,200 --> 00:10:45,320 Speaker 1: which was about three and a half percent growth a year, 192 00:10:45,800 --> 00:10:48,600 Speaker 1: that in fact, the difference between that and what they're 193 00:10:48,600 --> 00:10:52,360 Speaker 1: currently projecting takes four and a half trillion dollars off 194 00:10:52,400 --> 00:10:54,720 Speaker 1: the debt just by that one act of economic growth. 195 00:10:54,920 --> 00:10:58,600 Speaker 1: So one, you have to emphasize economic growth with tax cuts, 196 00:10:58,640 --> 00:11:02,400 Speaker 1: regulatory reform and opening the system up for people to 197 00:11:02,440 --> 00:11:06,280 Speaker 1: go back out. Too, you have to have significant reform 198 00:11:06,320 --> 00:11:10,760 Speaker 1: of social programs. When we passed workfare as a requirement, 199 00:11:10,800 --> 00:11:14,959 Speaker 1: moved from a dependency focused welfare system to an opportunity 200 00:11:14,960 --> 00:11:18,240 Speaker 1: and work focused system, we had the largest increase of 201 00:11:18,320 --> 00:11:22,880 Speaker 1: children leaving poverty. In American history, we had parents going 202 00:11:22,960 --> 00:11:26,160 Speaker 1: to work, so instead of taking money, they were paying 203 00:11:26,200 --> 00:11:28,800 Speaker 1: money as taxpayers. That the result of that was an 204 00:11:28,920 --> 00:11:32,400 Speaker 1: enormous shift in net spending. If we applied that to 205 00:11:32,760 --> 00:11:36,280 Speaker 1: the current system, I think we would be amazed yet 206 00:11:36,320 --> 00:11:38,959 Speaker 1: how many people would go to work, how much money 207 00:11:38,960 --> 00:11:41,800 Speaker 1: we would save, and how much our tax revenue would 208 00:11:41,840 --> 00:11:44,760 Speaker 1: go up just because a lot more people be working. Third, 209 00:11:45,120 --> 00:11:49,160 Speaker 1: we have to look carefully at modernizing every aspect of 210 00:11:49,240 --> 00:11:52,720 Speaker 1: the federal bureaucracy. When I look at the amount of 211 00:11:52,720 --> 00:11:56,400 Speaker 1: money that was stolen twenty billion dollars for example in 212 00:11:56,520 --> 00:12:01,160 Speaker 1: California unemployment compensation alone, I think a modern system, a 213 00:12:01,320 --> 00:12:04,640 Speaker 1: system like the credit card systems, which have very very 214 00:12:04,640 --> 00:12:08,080 Speaker 1: little theft because they have very modern accounting systems and 215 00:12:08,160 --> 00:12:11,600 Speaker 1: they are electronic. And once you have is tired slow 216 00:12:12,240 --> 00:12:17,719 Speaker 1: old bureaucracies working at the pace of bureaucrats surrounded by agile, 217 00:12:17,720 --> 00:12:22,520 Speaker 1: aggressive crooks to work longer and work smarter, and amount 218 00:12:22,520 --> 00:12:26,200 Speaker 1: of money we're losing to corruption and waste and theft 219 00:12:26,800 --> 00:12:31,440 Speaker 1: is astonishing. In addition, everybody who's looked at it seriously 220 00:12:31,480 --> 00:12:34,680 Speaker 1: knows you can modernize the defense Department and actually have 221 00:12:34,720 --> 00:12:39,240 Speaker 1: a better defense, more active, more capable of competing with China. 222 00:12:39,559 --> 00:12:42,600 Speaker 1: With less bureaucracy, you can certainly go through all the 223 00:12:42,640 --> 00:12:46,160 Speaker 1: big government agencies and have an impact that's massive by 224 00:12:46,240 --> 00:12:49,720 Speaker 1: modernizing them. And so I think that combine those three things, 225 00:12:50,120 --> 00:12:52,560 Speaker 1: and I think certainly in the next ten years you'd 226 00:12:52,559 --> 00:12:54,679 Speaker 1: be back to a balanced budget. And if you then 227 00:12:54,720 --> 00:12:57,560 Speaker 1: showed discipline, you start paying down the debt at a 228 00:12:57,600 --> 00:13:01,160 Speaker 1: surprising rate. That would be my solution. The next question 229 00:13:01,240 --> 00:13:04,280 Speaker 1: comes from David Morris. What do you see as de 230 00:13:04,400 --> 00:13:08,000 Speaker 1: Santis's advantages in the presidential run. Well, I think De 231 00:13:08,120 --> 00:13:12,679 Speaker 1: Santis has three advantages. He's the incumbent governor of the 232 00:13:12,679 --> 00:13:15,280 Speaker 1: third larger state in the country, who just got reelected 233 00:13:15,320 --> 00:13:18,240 Speaker 1: by a huge margin. So he has both the resources 234 00:13:18,240 --> 00:13:21,880 Speaker 1: of the governorship, the momentum of the governorship, and something 235 00:13:21,960 --> 00:13:25,280 Speaker 1: real to show. A Second, he's much younger, and I 236 00:13:25,320 --> 00:13:28,040 Speaker 1: think some elements the country are going to say, having 237 00:13:28,120 --> 00:13:30,840 Speaker 1: dealt with Biden at his age, that maybe it's time 238 00:13:30,880 --> 00:13:34,640 Speaker 1: for somebody a lot younger. Trump, who I think was 239 00:13:34,679 --> 00:13:39,480 Speaker 1: a historic figure as president, nonetheless has alienated a substantial 240 00:13:39,559 --> 00:13:42,440 Speaker 1: number of Republicans who are kind of anybody but Trump, 241 00:13:42,720 --> 00:13:45,559 Speaker 1: and they are all going to rally either to the 242 00:13:45,720 --> 00:13:49,559 Speaker 1: Santis or Tim Scott, or to Nicky Haley or somebody. 243 00:13:49,600 --> 00:13:53,160 Speaker 1: So those are his big advantages. One of his liabilities 244 00:13:53,200 --> 00:13:56,240 Speaker 1: is that he's up against somebody and Donald Trump, who 245 00:13:56,360 --> 00:13:59,440 Speaker 1: may be the best campaigner we've seen since Reagan, who 246 00:13:59,480 --> 00:14:03,160 Speaker 1: knows what he is doing nationwide, and it has probably 247 00:14:03,200 --> 00:14:06,959 Speaker 1: something like forty percent of the party deeply passionately committed 248 00:14:07,000 --> 00:14:10,040 Speaker 1: to him, So it'll be quite a race. All of 249 00:14:10,080 --> 00:14:12,320 Speaker 1: us who are incident in politics will have more than 250 00:14:12,400 --> 00:14:14,560 Speaker 1: enough to look at and talk about in the next 251 00:14:14,600 --> 00:14:17,920 Speaker 1: year and a half. I calling from New York City. 252 00:14:17,960 --> 00:14:20,680 Speaker 1: Thank you very much for the opportunity to ask a question. 253 00:14:21,080 --> 00:14:24,760 Speaker 1: I just was wondering how the new Congress prevent Biden 254 00:14:24,920 --> 00:14:30,400 Speaker 1: from continually spending at least five hundred million to send 255 00:14:30,400 --> 00:14:32,960 Speaker 1: to Ukraine every month. You know, it's sort of like 256 00:14:33,000 --> 00:14:35,640 Speaker 1: a surprise, you don't know what's coming and you hear 257 00:14:35,640 --> 00:14:38,040 Speaker 1: about it. Well, I think what will happen President is 258 00:14:38,040 --> 00:14:42,160 Speaker 1: you'll see the House Republicans start passing bills that stop spending. 259 00:14:42,600 --> 00:14:45,120 Speaker 1: They said, the money's not there, and I think that 260 00:14:45,120 --> 00:14:48,920 Speaker 1: that will happen, probably starting with the debt ceiling, and 261 00:14:48,960 --> 00:14:52,040 Speaker 1: I think that the Republicans understand that they have to 262 00:14:52,080 --> 00:14:54,160 Speaker 1: pass a debt sailing bill, but it has to be 263 00:14:54,160 --> 00:14:58,240 Speaker 1: a responsible debt ceiling bill which begins to control spending 264 00:14:58,480 --> 00:15:00,760 Speaker 1: and begins to move us back towards a balanced budget. 265 00:15:00,800 --> 00:15:03,040 Speaker 1: So that's probably going to be the biggest single fight 266 00:15:03,080 --> 00:15:06,200 Speaker 1: of the spring, because Biden and the left wing Democrats 267 00:15:06,480 --> 00:15:09,200 Speaker 1: are desperate to get as much money as they can, 268 00:15:09,600 --> 00:15:12,120 Speaker 1: they throw it around. Ronald Reagan used to say that 269 00:15:12,160 --> 00:15:14,920 Speaker 1: the Democrats spent like drunken sailors, but he thought that 270 00:15:15,040 --> 00:15:18,160 Speaker 1: was insulting drunken sailors because Democrats spent a lot more 271 00:15:18,200 --> 00:15:21,080 Speaker 1: than drunken sailors. So I think we're seeing with the 272 00:15:21,120 --> 00:15:24,040 Speaker 1: Biden team sort of a passionate desire to be Santa 273 00:15:24,040 --> 00:15:28,000 Speaker 1: Claus think you The next question comes from John. John 274 00:15:28,040 --> 00:15:30,600 Speaker 1: would like to know I've read the book as shown 275 00:15:30,680 --> 00:15:34,080 Speaker 1: on the wall, Defeating Big Government Socialism. Do you think 276 00:15:34,120 --> 00:15:37,840 Speaker 1: we are headed for progressive socialism? Well, I think that 277 00:15:37,880 --> 00:15:40,120 Speaker 1: the left would like us to be headed to us 278 00:15:40,160 --> 00:15:42,560 Speaker 1: progressive socialism, But as I look, for example, at the 279 00:15:42,560 --> 00:15:45,760 Speaker 1: Red States, they're moving very rapidly and aggressively in the 280 00:15:45,800 --> 00:15:48,840 Speaker 1: other direction, and as I look at what's happening in 281 00:15:48,880 --> 00:15:51,760 Speaker 1: the House, we're clearly starting to move in the other direction. 282 00:15:52,080 --> 00:15:54,960 Speaker 1: The American people, the more they learn about this, the 283 00:15:55,000 --> 00:15:57,560 Speaker 1: more they're opposed to it, and certainly you see that 284 00:15:57,640 --> 00:16:01,520 Speaker 1: in various polls. I think the fact that of the 285 00:16:01,520 --> 00:16:04,560 Speaker 1: American people believe the parents have the right to know 286 00:16:05,040 --> 00:16:08,480 Speaker 1: what's being taught to their children eighty four percent, that 287 00:16:08,600 --> 00:16:11,200 Speaker 1: tells you that there's a country out there that doesn't 288 00:16:11,240 --> 00:16:14,560 Speaker 1: want big government socialism. And I think that ultimately we're 289 00:16:14,560 --> 00:16:16,600 Speaker 1: going to win that fight, and that'll probably be the 290 00:16:16,600 --> 00:16:20,600 Speaker 1: biggest single issue in twenty twenty four. Dude. Our next 291 00:16:20,680 --> 00:16:26,080 Speaker 1: question comes from Jessica in Nebraska. She would like to 292 00:16:26,120 --> 00:16:29,560 Speaker 1: know what are your thoughts on the twenty twenty four election. 293 00:16:29,920 --> 00:16:34,880 Speaker 1: Will you support the GOP nomination without reservation. I'm a Republican. 294 00:16:35,480 --> 00:16:40,120 Speaker 1: I believe that the choice between Biden and any candidate 295 00:16:40,160 --> 00:16:43,800 Speaker 1: we have running, whether it's Trump or Dusanis or Pence 296 00:16:43,920 --> 00:16:47,320 Speaker 1: or Pompeo or Nicky Haley or Tim Scott, you name it, 297 00:16:47,600 --> 00:16:50,840 Speaker 1: I would be for anyone but Biden, and I'd be 298 00:16:50,880 --> 00:16:54,080 Speaker 1: happy to go to the Republican National Convention. I saw 299 00:16:54,120 --> 00:16:57,680 Speaker 1: this silly comment by Paul Ryan. If Trump's the nominee, 300 00:16:57,720 --> 00:16:59,600 Speaker 1: he doesn't want to go to the convention. I thought, 301 00:16:59,600 --> 00:17:01,960 Speaker 1: you know, when your party makes you Speaker of the House, 302 00:17:02,360 --> 00:17:04,159 Speaker 1: you ought to have a little gratitude and you have 303 00:17:04,200 --> 00:17:07,480 Speaker 1: a little team loyalty. But bes Paul's problem, not mine. 304 00:17:07,920 --> 00:17:10,680 Speaker 1: But four years of Biden is terrible. Four more years 305 00:17:10,680 --> 00:17:27,080 Speaker 1: of Biden would be dramatically worse. I knew it. I 306 00:17:27,119 --> 00:17:31,040 Speaker 1: am calling from Cincinnati, Ohio. I'm wondering if what you 307 00:17:31,200 --> 00:17:36,640 Speaker 1: think about the Russians regarding nuclear armaments. Do you think 308 00:17:36,680 --> 00:17:40,200 Speaker 1: that they would get to a point where they could 309 00:17:40,320 --> 00:17:44,360 Speaker 1: use those in Ukraine. I don't know where Prudent's head 310 00:17:44,440 --> 00:17:48,520 Speaker 1: is at. They have nuclear weapons, they could basically end 311 00:17:48,560 --> 00:17:50,360 Speaker 1: the civilized wall as we know what. They have enough 312 00:17:50,400 --> 00:17:52,600 Speaker 1: of them. When you come down to it, he would 313 00:17:52,600 --> 00:17:55,639 Speaker 1: do that, I'm not sure. And frankly, even if he 314 00:17:55,760 --> 00:17:59,080 Speaker 1: ordered it, I'm not sure other Russians would execute it 315 00:17:59,119 --> 00:18:01,720 Speaker 1: because they would know that it was the end of 316 00:18:01,760 --> 00:18:04,400 Speaker 1: their world. I think it's one of those things where 317 00:18:04,480 --> 00:18:12,240 Speaker 1: it's a very low likelihood but horribly devastating if it happened. 318 00:18:12,720 --> 00:18:16,920 Speaker 1: The next question comes from Kelsey in Indiana. Kelsey writes 319 00:18:17,000 --> 00:18:20,639 Speaker 1: in the US Supreme Court is hearing oral arguments in 320 00:18:20,720 --> 00:18:24,880 Speaker 1: cases challenging Biden's student debt relief. How do you think 321 00:18:24,920 --> 00:18:27,240 Speaker 1: the Supreme Court will vote and do you think lone 322 00:18:27,320 --> 00:18:30,439 Speaker 1: debt should be forgiven? I think the Court will vote 323 00:18:30,480 --> 00:18:35,840 Speaker 1: probably six to three and maybe more that it's unconstitutional. 324 00:18:36,400 --> 00:18:39,200 Speaker 1: Ian President Si states, under our constitution don't have the 325 00:18:39,240 --> 00:18:41,399 Speaker 1: power to give away four or five six hundred billion 326 00:18:41,440 --> 00:18:44,800 Speaker 1: dollars at the stroke of a pen, and that's what 327 00:18:44,840 --> 00:18:48,040 Speaker 1: he's doing. Furthermore, some young people may not like to 328 00:18:48,080 --> 00:18:50,159 Speaker 1: hear this. I think if you borrow money and you 329 00:18:50,200 --> 00:18:52,160 Speaker 1: go in debt, you have an obligation to pay it off. 330 00:18:53,080 --> 00:18:56,159 Speaker 1: And I think it's a terrible precedent to start running 331 00:18:56,160 --> 00:18:58,560 Speaker 1: around saying to people, basically, we're going to give you 332 00:18:58,600 --> 00:19:01,200 Speaker 1: a giant Christmas gift, and what about all the people 333 00:19:01,240 --> 00:19:03,439 Speaker 1: who went to school and paid for it, or what 334 00:19:03,520 --> 00:19:05,919 Speaker 1: about the people who didn't go to college, went to 335 00:19:05,960 --> 00:19:08,239 Speaker 1: work every single day, and now they're going to pay 336 00:19:08,320 --> 00:19:10,439 Speaker 1: taxes to pay off these kids who went to school. 337 00:19:11,160 --> 00:19:14,920 Speaker 1: I think it's a very socially irresponsible policy. It's a 338 00:19:15,040 --> 00:19:18,840 Speaker 1: very fiscally irresponsible policy. And I don't think under our 339 00:19:18,880 --> 00:19:22,159 Speaker 1: constitution the President nine states can wave a pen and 340 00:19:22,320 --> 00:19:24,879 Speaker 1: have four or five or six hundred billion dollars disappear. 341 00:19:25,119 --> 00:19:31,120 Speaker 1: The next question comes from Joe in Louisiana. There are 342 00:19:31,160 --> 00:19:34,280 Speaker 1: one thousand train derailments a year. What do you think 343 00:19:34,320 --> 00:19:37,000 Speaker 1: we can do to prevent train derailments like the one 344 00:19:37,080 --> 00:19:40,160 Speaker 1: in Ohio in the future. I would have thought they 345 00:19:40,200 --> 00:19:44,119 Speaker 1: had a better system for monitoring. I mean, this is 346 00:19:44,160 --> 00:19:46,760 Speaker 1: a knowable problem. If you have a thousand cases of something, 347 00:19:47,080 --> 00:19:49,360 Speaker 1: you can pretty rapidly figure out what the top six 348 00:19:49,480 --> 00:19:51,959 Speaker 1: or seven hundred of them are, and you can build 349 00:19:52,640 --> 00:19:56,520 Speaker 1: systems electronic and other systems to monitor them. In this case, 350 00:19:56,560 --> 00:19:59,760 Speaker 1: apparently there was a particular wheel that was getting hot. Well, 351 00:20:00,000 --> 00:20:01,800 Speaker 1: answer it might have been either slow the train down 352 00:20:02,160 --> 00:20:05,040 Speaker 1: or if necessarily, stop the train long enough for it 353 00:20:05,080 --> 00:20:08,800 Speaker 1: to cool off. So I don't understand the current system. 354 00:20:09,080 --> 00:20:13,080 Speaker 1: And then second, every car has to be known by 355 00:20:13,119 --> 00:20:16,639 Speaker 1: the railroad's central headquarters, and so if you do have 356 00:20:16,680 --> 00:20:18,840 Speaker 1: a derailment, there ought to be sort of an app 357 00:20:18,920 --> 00:20:22,440 Speaker 1: or a website so that first responders can immediately pull 358 00:20:22,560 --> 00:20:24,760 Speaker 1: up on their way to the site and know what's 359 00:20:24,760 --> 00:20:27,320 Speaker 1: in each car. And right now that doesn't exist. So 360 00:20:27,840 --> 00:20:30,760 Speaker 1: the first responders are going to a place they don't 361 00:20:30,800 --> 00:20:33,360 Speaker 1: know how dangerous each of these rail cars is. So 362 00:20:33,520 --> 00:20:36,600 Speaker 1: I think on both of those fronts, the lack of leadership, 363 00:20:36,640 --> 00:20:39,359 Speaker 1: both by the railroads and by the federal government is 364 00:20:39,400 --> 00:20:43,240 Speaker 1: pretty pathetic, and of course compounded by Secretary of Translation 365 00:20:43,240 --> 00:20:47,000 Speaker 1: Buddha Judge, who took eighteen days to get to East 366 00:20:47,000 --> 00:20:49,280 Speaker 1: Palestine when he should have been there by the third 367 00:20:49,320 --> 00:20:52,120 Speaker 1: day at the latest. Thank you, Nute, We have time 368 00:20:52,160 --> 00:20:55,080 Speaker 1: for one more question this evening. It comes from Kelly 369 00:20:55,119 --> 00:20:58,840 Speaker 1: in Illinois. Kelly writes in Sir, I agree with the 370 00:20:58,880 --> 00:21:03,000 Speaker 1: concept of movie from education reform toward the practical idea 371 00:21:03,080 --> 00:21:06,960 Speaker 1: of saving the children. How can this be done realistically? Well, 372 00:21:07,000 --> 00:21:10,040 Speaker 1: I think start with the idea that you place the 373 00:21:10,119 --> 00:21:14,200 Speaker 1: outcome for the children first. So if a child's not learning, 374 00:21:14,560 --> 00:21:16,520 Speaker 1: there a couple different ways you can do it. One is, 375 00:21:16,880 --> 00:21:19,840 Speaker 1: as several states are now adopting, the money can follow 376 00:21:19,880 --> 00:21:22,879 Speaker 1: the child, not the bureaucracy. So if you're a child's 377 00:21:22,880 --> 00:21:24,640 Speaker 1: at a school that's not working, you as a parent 378 00:21:24,680 --> 00:21:26,520 Speaker 1: ought to have the right to take that money and 379 00:21:26,600 --> 00:21:29,320 Speaker 1: put the child in school you think will work, or 380 00:21:29,359 --> 00:21:32,720 Speaker 1: for that matter, homes school them by made a proposal, 381 00:21:32,800 --> 00:21:35,119 Speaker 1: which my wife Kalista does not agree with. By the way, 382 00:21:35,280 --> 00:21:38,280 Speaker 1: there's an experiment we ought to consider. There's twenty one 383 00:21:38,280 --> 00:21:41,679 Speaker 1: thousand dollars a year being spent in Baltimore per student 384 00:21:42,000 --> 00:21:46,560 Speaker 1: twenty one. Well, if you're dealing with really poor students, 385 00:21:47,040 --> 00:21:50,360 Speaker 1: you could take four thousand of that, pay them ten 386 00:21:50,400 --> 00:21:53,200 Speaker 1: dollars a day for showing up, and pay them a 387 00:21:53,200 --> 00:21:56,080 Speaker 1: little more if they actually learned, and you would end 388 00:21:56,160 --> 00:21:59,439 Speaker 1: up for about four thousand dollars a year, giving the 389 00:21:59,480 --> 00:22:02,199 Speaker 1: student who is poor a real incentive, and at the 390 00:22:02,240 --> 00:22:05,119 Speaker 1: same time still have seventeen thousand dollars to pay for 391 00:22:05,119 --> 00:22:07,600 Speaker 1: the room and the teacher, etc. The fact that the 392 00:22:07,640 --> 00:22:11,760 Speaker 1: Baltimore City Schools spend a billion, six hundred and twenty 393 00:22:11,880 --> 00:22:15,960 Speaker 1: million dollars a year and have twenty three schools, we're 394 00:22:16,000 --> 00:22:21,080 Speaker 1: not a single student could do math that destroys the children. 395 00:22:21,280 --> 00:22:24,840 Speaker 1: It sort of explains why we recently had Elon Musk 396 00:22:24,920 --> 00:22:28,360 Speaker 1: made the comment that wokeism is actually race. He said, well, 397 00:22:28,359 --> 00:22:31,400 Speaker 1: you really have is woke racism, And in a sense 398 00:22:31,400 --> 00:22:35,360 Speaker 1: it's really true. The children most being destroyed are minority children. 399 00:22:35,720 --> 00:22:37,879 Speaker 1: They're being crippled for life because they're not coming able 400 00:22:37,920 --> 00:22:39,840 Speaker 1: to read, not do math. They're not going to be 401 00:22:39,840 --> 00:22:42,200 Speaker 1: able to write, They're not going to get a decent job. 402 00:22:42,800 --> 00:22:45,239 Speaker 1: We ought to intervene every day. This should not be 403 00:22:45,280 --> 00:22:48,400 Speaker 1: all five years from now. Let's think this through. We 404 00:22:48,440 --> 00:22:51,240 Speaker 1: know these twenty three schools have failed, so we ought 405 00:22:51,240 --> 00:22:54,600 Speaker 1: to take very bold steps next week to save the 406 00:22:54,680 --> 00:22:58,320 Speaker 1: children and not worry about the teachers and the bureaucrats 407 00:22:58,320 --> 00:23:01,080 Speaker 1: and the principles and the school adminis traders and all 408 00:23:01,080 --> 00:23:03,240 Speaker 1: the things that are out there who are failing. I 409 00:23:03,320 --> 00:23:05,679 Speaker 1: want to thank all of you for joining in, and 410 00:23:05,720 --> 00:23:08,800 Speaker 1: I want to encourage you both to send us your ideas. 411 00:23:08,840 --> 00:23:11,800 Speaker 1: It's very helpful to have these kind of questions and conversation, 412 00:23:12,320 --> 00:23:14,880 Speaker 1: very refreshing, and if you do have friends you think 413 00:23:14,920 --> 00:23:18,200 Speaker 1: would enjoy this, encourage them to join us at the 414 00:23:18,240 --> 00:23:20,800 Speaker 1: Inner Circle. We really enjoy it and we look forward 415 00:23:20,800 --> 00:23:22,679 Speaker 1: to it. And in the near future we'll have some 416 00:23:22,720 --> 00:23:24,760 Speaker 1: more of these and we'll try to get some really 417 00:23:24,800 --> 00:23:28,000 Speaker 1: interesting guests to come by Jim Jordan and give us 418 00:23:28,040 --> 00:23:34,800 Speaker 1: an educational experience. Thank you all very very much, Thank 419 00:23:34,800 --> 00:23:37,040 Speaker 1: you for listening, and thank you to members of my 420 00:23:37,080 --> 00:23:40,119 Speaker 1: Inner Circle Club. If you'd like to become a member, 421 00:23:40,400 --> 00:23:43,600 Speaker 1: please go to newts Inner Circle dot com and sign 422 00:23:43,680 --> 00:23:46,639 Speaker 1: up for a one or two year membership today. Newts 423 00:23:46,640 --> 00:23:50,520 Speaker 1: World is produced by Ginglish Street sixty and iHeartMedia. Our 424 00:23:50,600 --> 00:23:54,960 Speaker 1: executive producer is Guardsi Sloan, our producer is Rebecca Howe, 425 00:23:55,280 --> 00:23:59,240 Speaker 1: and our researcher is Rachel Peterson. Our work for the 426 00:23:59,280 --> 00:24:03,359 Speaker 1: show was created by Steve Penley. Special thanks to the 427 00:24:03,400 --> 00:24:06,680 Speaker 1: team at Gingwish three sixty. If you've been enjoying Newtsworld, 428 00:24:06,920 --> 00:24:09,680 Speaker 1: I hope you'll go to Apple Podcast and both rate 429 00:24:09,760 --> 00:24:12,760 Speaker 1: us with five stars and give us a review so 430 00:24:12,880 --> 00:24:16,520 Speaker 1: others can learn what it's all about. Right now, listeners 431 00:24:16,520 --> 00:24:20,399 Speaker 1: of Newtsworld can sign up for my three free weekly 432 00:24:20,480 --> 00:24:25,080 Speaker 1: columns at Gingwish three sixty dot com slash newsletter. I'm 433 00:24:25,119 --> 00:24:27,240 Speaker 1: Newt Gingrich. This is Newtsworld