Speaker 1: You're listening to Comedy Central.
Speaker 2: From the most trusted journalist at Comedy Central is America's.
Speaker 3: Only sources for news. This is The Daily Too with
Speaker 3: your host John.
Speaker 4: Do you.
Speaker 5: Not sum don't test that? We got a good look
Speaker 5: boy at home. I'm sorry, I'm just, I'm just, I'm
Speaker 5: just I'll just put up.
Speaker 1: No stop, don't says up? What about?
Speaker 5: Can I tell you that?
Speaker 1: And I mean this, sir is sincerely, ever since we
Speaker 1: started spraying the audience with cocaine before the show, why
Speaker 1: were the show a great show? For tonight? Ram Emmanuel
Speaker 1: will be joining me later to remind me. He'll be
Speaker 1: out of here reminding me just which one of the
Speaker 1: three brothers he is again, I don't know, see the
Speaker 1: one that owns UFC doesn't matter at this point, but
Speaker 1: that is later. First, as you know, our economy, our
Speaker 1: economy is in the midst of a beautiful metamorphosis, turning
Speaker 1: from a simple caterpillar into a dead caterpillar. So let's
Speaker 1: get into it with another exciting installment. Uh trade wars
Speaker 1: my favorite word, my favorite wacharacters. I remember when Donald
Speaker 1: Trump was re elected Wall Street stwelve excited about deregulation
Speaker 1: tax cuts and the fact that you could once again
Speaker 1: call people sugar tits.
Speaker 6: One top banker told the paper that he feels liberated
Speaker 6: because now he can use offensive slurs like the R
Speaker 6: word and a P word without fear of getting canceled
Speaker 6: at work.
Speaker 1: Hmm, the hard word and the pe word. Well, I
Speaker 1: can tell you today that that top banker is definitely
Speaker 1: using both of those words, perhaps even adding motherfucker. Right now,
Speaker 1: the market meltdown for the third straight day. The local
Speaker 1: markets are sinking.
Speaker 7: Markets across Asia, Europe and Australia plunging.
Speaker 2: At one point this morning, the now sinking almost sixteen
Speaker 2: hundred points.
Speaker 8: The market's lost more than six and a half trillion
Speaker 8: dollars in value.
Speaker 9: This is an economic army Gedton, where's a Hawaiian shirt
Speaker 9: to an economic armagada?
Speaker 1: Hut? What are we doing here? But they pull you
Speaker 1: in from the pool either financial channel's Rodney danger failures out.
Speaker 1: I told my wife about the stock plunge. She said, Oh,
Speaker 1: I thought you guys would never go down there. No,
Speaker 1: I don't know, haven't done that one. This turmoil could
Speaker 1: have lasting effects on the global economy, on everyday Americans,
Speaker 1: and most worryingly, the stock portfolios of members of Congress.
Speaker 1: Mister President, now is the time to soothe a worried nation.
Speaker 1: Donald Trump put this out on social media.
Speaker 6: Don't be weak, don't be stupid, don't be a pannikin
Speaker 6: which he has termed a new party based on weak
Speaker 6: and stupid people.
Speaker 1: Panican, the genius who gave us classics like Sleepy Joe
Speaker 1: and Crooked Hillary, just shit out. You're a Panican? How
Speaker 1: about hysterocrats? Repusicans? How about crientologists? Did the overseas factory
Speaker 1: you had been sourcing your nicknames from get shut down
Speaker 1: during the Tire War. So we're going to try this again,
Speaker 1: mister president, Can you ease the fears of this nation
Speaker 1: like a true leader?
Speaker 6: President trumpolding firm posting on true social only the week
Speaker 6: will fail.
Speaker 1: Your economic policy has the same tagline as season three
Speaker 1: of Squid Game. It supposed to make us feel better.
Speaker 1: Only the wheelshaw die in my economy. By the way,
Speaker 1: in case you didn't get the point that he doesn't give,
Speaker 1: he spent the weekend showing, not telling. He played not
Speaker 1: a round of golf this weekend. A tournament of golf,
Speaker 1: a three day tournament, eight one hundred and twelve holes
Speaker 1: of golf with his live golf Saudi benefactors. And in
Speaker 1: case you're wondering about the venerated journalists who are now
Speaker 1: allowed to be in the press pool, this was literally
Speaker 1: the first question he was asked on Air Force one
Speaker 1: in the middle of a financial meltdown. Very good, because
Speaker 1: I won. It's good to win. You heard I won? Right?
Speaker 10: Did you hear?
Speaker 2: I heard?
Speaker 1: Here? Because I won? You heard I won?
Speaker 3: You heard I won?
Speaker 1: I won? You heard I won? I won?
Speaker 2: Mom?
Speaker 3: Mom, I won, Mom, I won the tournament.
Speaker 1: Mom. I'm a good boy, good boy golf. I know
Speaker 1: the stock market is not the totality of the economy,
Speaker 1: but if I remember correctly, in the run up to
Speaker 1: the election, Trump seemed very concerned about the stock market.
Speaker 2: If Harris wins this election, the result will be a
Speaker 2: Kamala economic crash.
Speaker 1: A nineteen twenty nine style depression.
Speaker 3: And anything she can do, I can do better.
Speaker 1: I can do it on my own.
Speaker 3: I want mom. Hey mom, Hey mom, look, hey mom. Look,
Speaker 3: no economy. Please loved me.
Speaker 1: And it didn't have to happen like this. Trump had
Speaker 1: so many options to shape the world economy into the
Speaker 1: one he thought was fairer. He could have proposed some
Speaker 1: incentives to bring back manufacturing. He could have gone sector
Speaker 1: to sector nation and nation negotiate better trade reciprocal agreements.
Speaker 1: But he had to go to full Teresa not to
Speaker 1: be fair, to be fair, to be fair to the
Speaker 1: Trump administration, they did give it almost two months and
Speaker 1: no effort before they asked chat GPT what it thought
Speaker 1: they should do. But for those of us who've been
Speaker 1: tricked into believing that an economic crisis is a crisis,
Speaker 1: Trump's people have an answer. Don't panic, Calm down, Everything
Speaker 1: is going to be okay. I would not worry at all.
Speaker 1: The DAW is actually the same place it was in August.
Speaker 1: Do me a favor. Don't look at your stock portfolio.
Speaker 8: You know what, I don't really care about my four
Speaker 8: h one kakelaugh, love.
Speaker 1: That's what I was saying. You know what I said,
Speaker 1: don't you.
Speaker 3: We're on one case somewhere, and.
Speaker 1: When did the right become so chill? Aren't you the
Speaker 1: bud lights turning? My kids trans folks. But economic meltdown
Speaker 1: and you're getting all philosophical. Losing money costs you nothing.
Speaker 1: This is just the reality of life. Like were you young,
Speaker 1: young and dumb.
Speaker 3: How much money did you lose?
Speaker 1: Everyone loses money. Everyone loses money.
Speaker 2: It costs you nothing, and.
Speaker 1: Accept money. Losing money costs you money, the definition of
Speaker 1: losing money. And I know you go, well, it's going
Speaker 1: to be worth it to get the character of the
Speaker 1: country that we want back again. But we have no
Speaker 1: freaking idea if that's actually what's going to happen. You're
Speaker 1: all acting like the tariffage is a tried and true remedy. Oh,
Speaker 1: of course, this is the medicine that's always prescribed, except
Speaker 1: the last time it was tried one hundred years ago,
Speaker 1: we had a great depression. So how does this work.
Speaker 1: It's just a big game of economic operation. As he's
Speaker 1: sticking things in trying to take out tariffs. It's like,
Speaker 1: you know, when you're at my age, you got to
Speaker 1: get a colonoscopy. You need a full colonic like to
Speaker 1: be feel better, you know what I mean. Roquist can
Speaker 1: kill somebody in the wrong dosages, but in the right
Speaker 1: dosages that could be very healthy for the patient. So
Speaker 1: everyone relaxed. This is merely a routine rat poison colonoscopy.
Speaker 1: By the way, what's the right dosage of rat poison. Oh,
Speaker 1: if you get enough of it, your headache will be got.
Speaker 1: By the way, I mean slightly off topic. But the
Speaker 1: colonoscopy guy, his name is John Tobacco. That's it. It's
Speaker 1: a witness protection thing, is it. So here, here's how
Speaker 1: it's going to go. Your new name is John Tobacco.
Speaker 1: Say it back to me, John Tobacco. Your name is
Speaker 1: John Tobacco. Say it back to me, John Tobacco. Your
Speaker 1: new profession is you do anis metaphors on newsmats. Your
Speaker 1: name is John Tobacco. You do anis metaphors. Say back
Speaker 1: to me, say it back to By the way, if
Speaker 1: Trump wants us to stay the course with his radical plan,
Speaker 1: you might want to think of a strategy that inspires
Speaker 1: our confidence that you all know what you're doing, like,
Speaker 1: for instance, he's tires. Is this a negotiation?
Speaker 2: The President made it clear yesterday. This is not a negotiation.
Speaker 1: Let me let me make this very clear. This is
Speaker 1: not a negotiation. This is not that. This is a
Speaker 1: national emergency. Okay, it's a national emergency. It's not a negotiation. Well,
Speaker 1: I don't agree, but at least I have some clarity. Now.
Speaker 3: The tariffs give us great power to negotiate.
Speaker 2: I always have.
Speaker 1: So much rat poison. So is this a negotiation or
Speaker 1: is this permanent? It could be It can both be true.
Speaker 6: There can be permanent tarffs and they can also be negotiations.
Speaker 1: How much white lotus? Did you people? Watch? What is
Speaker 1: eminence in this negotiated life we live? Have a pinatilada?
Speaker 1: Forget about if they're permanent or not permanent? What are
Speaker 1: we doing? How will this bring jobs back? What are
Speaker 1: these jobs? Commerce Secretary Lutnik? Trillions of dollars of factories
Speaker 1: are going to be built in America. The army of
Speaker 1: millions and millions of human beings screwing in little screws
Speaker 1: to make iPhones. That kind of thing is going to
Speaker 1: come to America. This is also that millions of Americans
Speaker 1: can develop the decks stare. I can't even get the
Speaker 1: lint out of the charging area on my phone. Now
Speaker 1: I gotta do. Those are the jobs. That kind of
Speaker 1: thing is going to come to America. It's going to
Speaker 1: be automated and great Americans, the trade craft of America
Speaker 1: is going to fix them. Mechanics, fixing, robotics. That's what's
Speaker 1: coming to America. So it's not the screws. We're going
Speaker 1: to be robot mechanics.
Speaker 3: The robots do the screwing, and.
Speaker 1: We're just there to make sure the robots are loomed.
Speaker 3: And ready to screw.
Speaker 1: That is the American renaissance. We are robot fluffers, we
Speaker 1: are we are waiting picking all. So, if I'm an
Speaker 1: American manufacturer, how long do these onerous tariffs have to
Speaker 1: say in place to convince me to build my army
Speaker 1: of automated screw and robot mechanics. They are definitely going
Speaker 1: to stay in place for days and weeks. John Stewart
Speaker 1: from Popular Robot Mechanics. I've never built a fully automated
Speaker 1: robot factory before, but these days and weeks, enough time
Speaker 1: or too much time feels like it would take them on. Well,
Speaker 1: I guess that's silver lining number one of this trade war.
Speaker 1: Want something even more underwhelming. Here's the Treasury Secretary on
Speaker 1: if we've heard the good news on the stock collapse.
Speaker 10: One thing that I can tell you as the Treasury Secretary,
Speaker 10: what I've been very impressed with is the market infrastructure
Speaker 10: that we had record volume on Friday and everything is
Speaker 10: working very smoothly. So the American people they can be
Speaker 10: very take great comfort in.
Speaker 1: That blink twice if you want to be saved. I
Speaker 1: was very impressed that any market crash, the building is
Speaker 1: still standing, you know, the captain of the I was
Speaker 1: very impressed by the way that the Titanic just slid
Speaker 1: into the water, almost like it was taking a bath,
Speaker 1: just just dipping a toe. Those drownings should take great
Speaker 1: comfort in the lack of backsplash. But their best argument
Speaker 1: so far for any of this is the same one
Speaker 1: that we got about tinker Bell being able to fly.
Speaker 1: You have to believe, don't panic. Okay, you've got a
Speaker 1: president who understands business.
Speaker 8: I am grateful for a commander in chief that has
Speaker 8: a business document.
Speaker 1: Luckily, we have a businessman in the White House right now.
Speaker 1: The president did write the book The Art of the Deal.
Speaker 1: If Trump is a master I am negotiator, and he
Speaker 1: does know the Art of the Deal, We're supposed to
Speaker 1: trust this guy because he wrote the Art of the Deal.
Speaker 1: You ever say I got the book. I got the
Speaker 1: book Art of the Deal. Yeah, that's why we're supposed
Speaker 1: to trust him. You ever look at chapter nine and
Speaker 1: the Art of the Deal. It's about how smart Trump
Speaker 1: is about his casino in Atlantic City.
Speaker 3: Oh oh yeah, Chapter nine.
Speaker 1: I built the casino in Atlantic City.
Speaker 3: I'm a business genius.
Speaker 1: Whatever happened to the casino?
Speaker 3: Donald?
Speaker 1: Trust me. Look, you make a big announcement, but you're
Speaker 1: reciprocal taraf formula was just the trade deficit divided by
Speaker 1: imports equation. And when you got busted on that, you
Speaker 1: threw out this ridiculous, incalculous problem that's just shapes.
Speaker 2: That.
Speaker 1: It boils down to the trade deficit divided by imports,
Speaker 1: which is the formula that got the rich country of
Speaker 1: Lisutu hit with fifty percent tariffs. Lsutu, No, your free
Speaker 1: rides over Udna making fat cats. But we continue to
Speaker 1: blame everybody else in the world that we designed and
Speaker 1: police after World War Two. We're the richest country in
Speaker 1: the world. Ever, we're not the world's victims. If we
Speaker 1: have inequalities in this country, that's on us. It's not
Speaker 1: a supply problem, it's not unfair trade for the most part,
Speaker 1: it's an investment and distribution problem. It's our fucking fault.
Speaker 1: And I'm not saying we can't make adjustments and renegotiate things.
Speaker 1: But it didn't have to be this reckless You killed
Speaker 1: the hostage and then we're so ransom.
Speaker 10: Some of the biggest stock market declines since the Great Depression,
Speaker 10: the worst three consecutive sessions since nineteen eighty seven.
Speaker 7: Even worse than it was during the two thousand and
Speaker 7: eight financial crisis, their worst.
Speaker 1: Day since June twenty twenty during the COVID pandemic. Financial
Speaker 1: destruction not seen since the pandemic. And this time there's
Speaker 1: no controversy over how it all started. There's no wet market.
Speaker 1: You Trump released the contagion. It's your lap leak, and
Speaker 1: it's right out in the open. This is like if
Speaker 1: the researchers at the Wuhan Institute of Virology walked down
Speaker 1: out to the Great Lawn with a tupperware and when
Speaker 1: we have an exciting announcement, when we come back.
Speaker 3: Rama man, you will join us.
Speaker 1: That's all why about tells him. I up tonight, former
Speaker 1: two term mayor of Chicago uh He has worked for
Speaker 1: three Democratic presidents, served as US Ambassador to Japan under
Speaker 1: Joseph Biden's working in the program, Rama manure seven.
Speaker 4: The time.
Speaker 1: You were you were, you were in Japan, Yes, as
Speaker 1: the ambassador, and.
Speaker 2: It's still an ally all. Until a week ago, I
Speaker 2: was gonna.
Speaker 1: Say, check your phone. Uh, then you come back and
Speaker 1: you recently just took a new job. What did you
Speaker 1: what's your new job?
Speaker 2: Well, I'm doing daily show writing.
Speaker 1: What's your job?
Speaker 2: Yeah, I'm worried of a center of you and I
Speaker 2: do right for the Washington Posts and I'm on Cenna.
Speaker 1: I thought you worked at an investment bank.
Speaker 2: Yeah, center of you?
Speaker 1: Oh, center of you? How's that going? I'm out there
Speaker 1: that tank. When did you join?
Speaker 2: About a month ago?
Speaker 1: And when you got there? Let me ask a question,
Speaker 1: when you got there? How is it going?
Speaker 2: Well, there's a six letter word that a lot of
Speaker 2: people are saying lately, terriffs.
Speaker 1: Was this a completely unexpected I mean he's been talking
Speaker 1: about taris forever. It seems like did your bank set
Speaker 1: aside anything for it? Did they know this was coming?
Speaker 1: Do they put is there a basement where they keep
Speaker 1: things see for the Yeah? Yeah, yeah, I mean here is.
Speaker 2: I'm gonna breathe calmly, eleven.
Speaker 1: Panic because everything's gonna be fine.
Speaker 2: Yeah. Eleven weeks and eleven trillion dollars out the window,
Speaker 2: Ariva derci, Yeah, bone look at you. Yeah, and we
Speaker 2: only have two hundred more weeks to go, right, Yeah,
Speaker 2: I think a trillion week, as my father would say,
Speaker 2: So what could go wrong?
Speaker 1: It takes it very easy. Is this the colonic that
Speaker 1: we need in your mind? Yeah?
Speaker 2: Let me let me try to help you, John please?
Speaker 1: Yeah.
Speaker 2: So I mean I'm scary.
Speaker 1: I have a.
Speaker 2: A Lann Musk measure.
Speaker 1: What does that mean? Well, how many kids you have?
Speaker 1: What does that mean?
Speaker 2: This is supposed to be a manufacturing renaissance. A manufacturer
Speaker 2: is going to come back to good screws next to
Speaker 2: Apple phone. Since you said no, no, no, no, we're right.
Speaker 2: Robots a lot of Musk has a twenty thousand person
Speaker 2: factory in Shanghai, a twelve thousand person factory in Berlin.
Speaker 2: When those get repurposed back in the United States, this
Speaker 2: is an incredible success. Until that time, it's an absolute failure.
Speaker 2: And what is really I mean, on a serious note,
Speaker 2: also driving me absolutely crazy. We had China isolated, We
Speaker 2: had the whole world angry at China for exporting and
Speaker 2: destroying their economies, and we're going to be their hope
Speaker 2: and drink. We worked on getting Japan and created aligned
Speaker 2: with the United States isolate China. Now they're working their
Speaker 2: own economic deal and we're isolated. It's really the most
Speaker 2: Japan and South Korea are working there now with China.
Speaker 1: Doesn't every but he trade with everybody.
Speaker 2: They were, but they were actually number one foreign investor
Speaker 2: in the United States Japan. A million Americans work for them.
Speaker 2: One of the biggest manufacturing countries that support manufacturing in
Speaker 2: the United States. Japan. It's the most reckless thing done
Speaker 2: by a president. I mean, there is natural disasters, human disasters.
Speaker 2: There's lightning creates a fire, there's arson that creates a fire.
Speaker 2: This is arsonist, right.
Speaker 1: Don't you think this is his m You know, I'm
Speaker 1: going to tell you a story. This is really the
Speaker 1: wrong direction to go, and but I'm gonna do it anyway.
Speaker 1: You look like you're taking I'm thinking, how I can
Speaker 1: do I was gonna bring some for you, et cetera.
Speaker 1: What is this the forties? Give you an E and
Speaker 1: a pall mall, you'll be fine. Let's say I can
Speaker 1: give you something. McKinley used, here we go, don't do that.
Speaker 1: So I had a dog and the dog would go
Speaker 1: outside and it would he would eat whatever he could
Speaker 1: find outside, and generally things that a dog shouldn't.
Speaker 2: I'm worried where this is going.
Speaker 1: He comes back into the house, everything's fine. And in
Speaker 1: the middle of the night he would wake up and
Speaker 1: he would vomit on the bed. I would turn the
Speaker 1: light on and I already looked, try and go get
Speaker 1: stuff to clean it. Then he would eat the vomit
Speaker 1: and then look at me and go, I did good. Right,
Speaker 1: do you see what I'm saying?
Speaker 4: Isn't that what this is?
Speaker 1: He's Trump. I guarantee, here's what's going to happen. Trump
Speaker 1: is going to announce He's going to eat the vomit
Speaker 1: and look at the country and go.
Speaker 2: He gave He's giving China a get out of jail cart.
Speaker 2: They were in the doghouse with everybody. They were is saying.
Speaker 2: They were destroying steel plants and chili. They were destroying
Speaker 2: steel plants in Southwide.
Speaker 1: If they had Belton Road, they were making tons of relationships.
Speaker 2: But they were also exporting all their economic problems domestic
Speaker 2: all over the world. And they and they had manufacturing
Speaker 2: Malaysia the world. Yes, and they were isolated and they
Speaker 2: were becoming a problem for everybody. We're going to be
Speaker 2: the safe haven. We've now become the problem. We've given
Speaker 2: them a get out of jail card. This is Listen
Speaker 2: the way I look at it. March madness used to
Speaker 2: be about basketball, right now it's about the Trump administration. Right.
Speaker 2: You used to do brackets, Now you do four to
Speaker 2: one case and you used to do portfolios. I've never
Speaker 2: seen anything.
Speaker 1: Much better than I feel like mine was very I'm
Speaker 1: thinking about and everything else.
Speaker 2: I'm telling you, I'm I'm I've literally he's gonna announce it.
Speaker 2: I'm the only thing that I could say good about this. Yeah,
Speaker 2: you could, you know. You see all these CEOs on
Speaker 2: the shows that are all now like, this is crazy,
Speaker 2: This is insane. I'm gonna I'm gonna say, schmuck, what took.
Speaker 1: You so long?
Speaker 2: I mean, I cannot believe all these guys running around. Oh,
Speaker 2: it's the largest tax increase in American history. Thank God
Speaker 2: for the American people. They think this is horrible, He says,
Speaker 2: I'm gonna.
Speaker 1: Come, don't you listen to his people? Hose people.
Speaker 2: I'm talking about the American not his people. Totally different.
Speaker 1: No no, no, no, no, no, no, no, god no,
Speaker 1: this is the wrong way to look at this.
Speaker 2: Now, this is his people are literally they're grasping the
Speaker 2: English languages down to four words.
Speaker 1: Yes, sir, mister President, here's people, the majority of the
Speaker 1: voters in this country.
Speaker 2: I used to I worked for three presidents. I used
Speaker 2: to be six two. I'm not only five eight. John
Speaker 2: used to vote in the Oval office and tell them
Speaker 2: you're out of your mind. These guys, Yes, they go
Speaker 2: off and they repeat all this crap on TV. You know,
Speaker 2: lot like the Secretary of Commerce. He makes a used
Speaker 2: car salesman look like a decent guy. I've never seen
Speaker 2: anything like this.
Speaker 1: Let me tell you this and that from your whole rant.
Speaker 1: There no way you're five eight.
Speaker 2: No way, no way, there's no way I am.
Speaker 3: I'm five to seven and.
Speaker 1: I could dunk on you.
Speaker 10: Come on, let's go.
Speaker 1: Yeah, I'm taller, right, I got no no, not a chance.
Speaker 1: So listen to this Jewish basketball. Jewish basketball. That's will change.
Speaker 5: Uh.
Speaker 1: The Trump is going to say what he's gonna do
Speaker 1: is go, I just made a deal. He did the
Speaker 1: same thing the last time. China just said they're gonna
Speaker 1: buy all our pork and all our soybeans. It's the
Speaker 1: best deal anybody's ever made. Ever. They don't actually ever
Speaker 1: do it. Nobody ever checks on it. But why even
Speaker 1: if you wanted to renegotiate our trade agreements or create
Speaker 1: a paricism, or whatever it is you gonna do, why
Speaker 1: would you do it in such a reckless fashion.
Speaker 2: I want to go out to your first point. Please
Speaker 2: he in your book here the art of the deal.
Speaker 2: He is the worst negotiator. China never bought anything. They
Speaker 2: took him the cleaner. North Korea never agreed to anything.
Speaker 2: He negotiated a trade deal with Canada, Mexico, and then
Speaker 2: he just blew blew it up.
Speaker 1: He's blowing up his own deal.
Speaker 2: He is not a good negotiator. The only person when
Speaker 2: you clean, you're a good negotiator. It's becover up the
Speaker 2: fact that you're a horrible negotiator. You could have done
Speaker 2: this seven different ways. He picked the eighth way right,
Speaker 2: and it's the problem is not just and you are right.
Speaker 2: He's going to say after Japan or after israel I
Speaker 2: got this deal, and then he's going to try to
Speaker 2: calm the markets down. But the fact is the damage
Speaker 2: to America. Nobody will ever trust us. In eight weeks,
Speaker 2: he's destroyed eighty years of reputation that America built, all
Speaker 2: of us collectively, all through all the battles, he has
Speaker 2: destroyed in the end, just like just like your dog
Speaker 2: he threw up on the bed.
Speaker 1: That was my point. That was the point of the
Speaker 1: old story. But I would you miss the point of
Speaker 1: the whole story. Want that was my point.
Speaker 2: I wanted to say it my way. And I feel
Speaker 2: better for being here, Thank you, John.
Speaker 1: Did you do you think I just brought that up randomly? No?
Speaker 1: That was Now he's to the other side of the coin.
Speaker 2: Okay.
Speaker 1: Democratic policy has led us in some measure to.
Speaker 2: This moment, no doubt about it. Here's it. Here, we
Speaker 2: got to own this. Here's the fact, which is we
Speaker 2: disappointed the country. Now they will stab you in the back.
Speaker 2: We will disappoint you. And now that's just down where
Speaker 2: it is.
Speaker 1: And you get to pick as America now and we
Speaker 1: got it.
Speaker 2: And here's the deal.
Speaker 7: Here's what we didn't you want to be the DNC chair.
Speaker 7: That is a terrible That is a terrible bumper, STU
Speaker 7: ask me, no, But you know how, we got to
Speaker 7: be honest. When you make a mistake, you gotta own it.
Speaker 7: And that's the only way to be And here and here, no,
Speaker 7: here's and here's what it is. We were just talking earlier.
Speaker 2: Yes, the Stewart kids and the Amilion kids, they're gonna
Speaker 2: be good, loving home, good education, and the American dream.
Speaker 2: They're gonna get a shot at it, which is a deal.
Speaker 2: But in fact, out of Washington, the American people haven't
Speaker 2: gotten the shot. They've gotten the shaft. And what happened
Speaker 2: is trying to own home, trying to basically say for
Speaker 2: your retirement, save your kids, education and healthcare so you're
Speaker 2: not in the poorhouse, worn sickness away. People are missing medications,
Speaker 2: kids are coming home from college, they're living in the basement.
Speaker 2: And the American dream is good for only about ten
Speaker 2: percent of kids. That's not how we keep score. And
Speaker 2: we are responsible but.
Speaker 1: Not saying for that. Then can't you understand why a
Speaker 1: percentage of the population would be like burn it down. No,
Speaker 1: I don't care.
Speaker 2: Here's my thing, here's my thing more than that, because
Speaker 2: of what happened both in Iraq War, what happened in
Speaker 2: the financial meltdown, the American people lost their lives, their livelihood,
Speaker 2: and the elite let them down. There is no doubt
Speaker 2: that their right to be angry. I have no problem
Speaker 2: with some of the people that make up the mega
Speaker 2: They have a right to be angry because they've lost
Speaker 2: the elite, lost faith with them. What I have is
Speaker 2: all these other executives who have lived large on America,
Speaker 2: who will allow a president to run rough shot over
Speaker 2: the law, who run rough shot over America. They have
Speaker 2: no right to that.
Speaker 1: But that's not the democratic failure. That's again placing it too.
Speaker 1: So let's know the Democrats.
Speaker 2: The Democrats have a responsibilit they have for what they
Speaker 2: have done with losing faith. You can't let Peoria Youngstown,
Speaker 2: you can't let parts of Wisconsin lacrosse. But we do
Speaker 2: know we did, and that's why the first thing, sorry we.
Speaker 1: Owe you know what we do.
Speaker 2: You got you have to get clean with people, own
Speaker 2: what we did wrong, and worst case scenario, we then
Speaker 2: get sidetracked into side issues rather than the main cause,
Speaker 2: which is the American Democrats. The American dream is unaffordable,
Speaker 2: it's inaccessible, and that should be unacceptable to us. And
Speaker 2: then number two, what you have to do is right now,
Speaker 2: is to deal with the fundamentals. Okay, no part of
Speaker 2: America is off from being invested or invested in. You
Speaker 2: got to make sure every American has a chance at
Speaker 2: the American dream, which means and starts first and foremost
Speaker 2: with education. Hold on, no, don't always tell you I've
Speaker 2: got one. I got to own that. Okay. Number two
Speaker 2: you own with the fact is you got to invest
Speaker 2: in this country.
Speaker 1: And we did not do that.
Speaker 2: We basically let Americans and let the needs to eat
Speaker 2: their lunch.
Speaker 1: But that even when they did it, I'm going to
Speaker 1: tell I was talking going to Ezra Kline. We were
Speaker 1: talking about rural broadband. Billions of dollars invested in rural broadband.
Speaker 1: There was a fourteen point plan to get companies to
Speaker 1: the starting line to go to build out. Of all
Speaker 1: the companies that jumped in there, everybody dropped out but
Speaker 1: three nobody got to the starting line by the time
Speaker 1: their administration was over. They invested in green technology, They
Speaker 1: didn't build the electric charging stations. How can you go
Speaker 1: out there and say we need to raise taxes and
Speaker 1: money when people don't believe that you're going to spend it. Like,
Speaker 1: here's what's so upsetting about all of this. Trump is
Speaker 1: great at diagnosing the problem. Doje is great at telling
Speaker 1: you we need efficiency. I think the way they go
Speaker 1: about it is actually haphazard, cruel, reckless, doesn't fix the problem.
Speaker 1: But they're not wrong in the diagnosis.
Speaker 2: Yeah, you pointed out, and I have no I agree
Speaker 2: with you one hundred percent of what we literally we
Speaker 2: did all the passing the legislation should be hard, not
Speaker 2: actually getting the resource up. On the other hand, let
Speaker 2: me give you one reverse. Okay, can as you is
Speaker 2: this about a dog, No, it's about when the auto
Speaker 2: industry was on their back and there were literally I
Speaker 2: remember as the chief of staff for President Obama, and
Speaker 2: we got to notice that there were six weeks left
Speaker 2: before Chrysler and GM are belly up and thousands of
Speaker 2: jobs and thousands of the communities were on their back.
Speaker 2: The United States came in and saved it, and our
Speaker 2: auto industry came back. So, in fact, there is moments
Speaker 2: you can point to. You can't get a charging station.
Speaker 1: You go, I'm not saying, look, but let's talk about
Speaker 1: two thousand and eight for a second. We did bail
Speaker 1: out corporations, yes, but people homeowners they went under, they
Speaker 1: lost everything. So you're looking at you're looking at the guy.
Speaker 2: You're looking at the guy A hundred.
Speaker 1: It's hard for me to go like I'm good g
Speaker 1: when all the guys that work.
Speaker 2: At GM lost their you're looking at the guy, Well
Speaker 2: that's actually that's cheap. That's not actually true. GM jobs
Speaker 2: got saved rather than go. Some people were about, yeah,
Speaker 2: well that's yes, but you're not totally accurate. This maybe
Speaker 2: the last time I'm asked on the show. But on
Speaker 2: the second thing, here's the thing we did do, and
Speaker 2: we save the auto industry from going under. And the
Speaker 2: second thing is that on that part and somebody who
Speaker 2: was in the White House that advocated for Old Testament justice,
Speaker 2: i'm bankers because they should have been put into the
Speaker 2: public square and literally had the crap beat out of
Speaker 2: them because they were asking for bonuses when people were
Speaker 2: losing their homes. And I.
Speaker 1: No, wait, that's what you argue in the Oval office. No,
Speaker 1: they're all like, what should we do about the thing?
Speaker 1: They're beat them.
Speaker 2: Actually a fairness, It wasn't the Oval, It wasn't the
Speaker 2: Oval officer in the Roosevelt grom. Yeah, they should be
Speaker 2: beaten up because they're sitting there asking for their bonuses,
Speaker 2: as if they earned a bonus when people lost their homes,
Speaker 2: their lifelhood and their life savings. That's right, and that
Speaker 2: is where we lost faith in the Iraq War, which
Speaker 2: is built on deception, the Liar's loan that lost people
Speaker 2: to their homes. It was built on deception. And then
Speaker 2: you got COVID coming around and the Democrats had around
Speaker 2: and acted like they were Do you asn't.
Speaker 1: Watch what this president is doing and think because you
Speaker 1: did stop, You're you're in the oval, You're you're watching
Speaker 1: him do all these different things. Do you ever think
Speaker 1: because President Obama, and this is what he used to
Speaker 1: yell at me about, I used to have I don't
Speaker 1: know if you were there when I used to have
Speaker 1: to go down there and he would yell at me.
Speaker 1: For a while, I was the one that called you okay.
Speaker 2: So when he was with you, I would got free
Speaker 2: time and I actually got there.
Speaker 1: So do you watch what this president does in terms
Speaker 1: of at least the boldness of it, not what he's doing,
Speaker 1: and think why didn't we push the edge and get
Speaker 1: the things that we thought rather than getting if we
Speaker 1: ran on the audacity of hope, why did we govern
Speaker 1: on the possible? That is that something?
Speaker 2: The answer is in the Talmudic way, yes and no, okay,
Speaker 2: And I'll tell you why. No, Yes, I was like, no, no,
Speaker 2: I feel I feel like I don't never say that again. Okay,
Speaker 2: I'll have to give you I understand this hand I understand.
Speaker 2: I understand uh, or the fact might know. I know.
Speaker 2: Here's the thing I like sometimes I look around. I
Speaker 2: literally I set up a blind trust. You look at
Speaker 2: these people, they are literally trading, They're setting up bit climbs.
Speaker 2: And I was like, well, we were schmucks. We were
Speaker 2: idiots for doing this. On the other hand, nobody whatever
Speaker 2: had an ethics problem in the Obama White House. We
Speaker 2: did follow the rules of law. America was respected around
Speaker 2: the world, and we did create jobs. So did we
Speaker 2: follow it and say, oh we should have done it
Speaker 2: audaciously like this and break over. No, because as if
Speaker 2: you could, oh, that's gonna be that we have to
Speaker 2: do three more shows. No, But I say I'm the
Speaker 2: defensive President Obama. He said, you know, my presidency is
Speaker 2: a marathon, and I hand over the baton to somebody
Speaker 2: else to pick. I actually think he left America better
Speaker 2: than the one he inherited from President Bush. In a
Speaker 2: whole host of ways. I don't agree with everything, And
Speaker 2: then you look at this. No, I don't wish we
Speaker 2: did this, and I'm glad we didn't do this. Did
Speaker 2: was it constraining?
Speaker 1: Yes?
Speaker 2: But leaving here literally walking around saying there will be
Speaker 2: a recession? What do you need four one K for no?
Speaker 1: And then I don't mean I mean to push things
Speaker 1: in a way that didn't follow so.
Speaker 2: Well, somebody who pushed a number of people know for that.
Speaker 1: That's why I'm I'm asking you this question.
Speaker 2: There are things there's no doubt, like what they're about
Speaker 2: to do. Let's take this on the budget and say, well,
Speaker 2: five trillion dollars in the textas doesn't cost anything. Well,
Speaker 2: I'm sorry, any kid in third grade math, even post
Speaker 2: COVID notes what five trillion dollars does call this? Okay,
Speaker 2: I mean give me a break. So when they sit
Speaker 2: there and do us.
Speaker 1: They got it. You didn't get it, I mean I
Speaker 1: got it. I'm just adding up how many Americans you've
Speaker 1: called stupid tonight. Now I'm just going through the list.
Speaker 1: I start off with the I want the bankers beaten,
Speaker 1: I want the dumb children removed. Now, wait say it.
Speaker 2: I think the American people agree with me about bankers
Speaker 2: getting beaten.
Speaker 1: No, I'm not vigilant. No, it's a cheap high.
Speaker 2: I for twenty minutes. So it feels here's what we need. Okay,
Speaker 2: But here's the note. The thing is, do I feel
Speaker 2: like I could back to your original question, do I
Speaker 2: feel like we should have done certain things like this?
Speaker 1: Yeah?
Speaker 2: But that for a guy I believe in the end
Speaker 2: of the day, following the rules, playing by the rules
Speaker 2: is better for the country than ultimately not just ultimately.
Speaker 2: Also at the time, there are definitely frustrating things. There
Speaker 2: are things that I look. What I will say this
Speaker 2: is you look at like what they did on the
Speaker 2: courts and how they stacked him versus we kind of
Speaker 2: the way we did it in the sense of the process,
Speaker 2: full background checked, et cetera. You could have pushed, You
Speaker 2: could have, no doubt pushed that much harder and much faster,
Speaker 2: no doubt about it.
Speaker 1: And so if you were gonna we'll leave it at
Speaker 1: this final advice. You're a guy that's been in the oval.
Speaker 1: Obvious a few times. The Democrats are in the wilderness.
Speaker 1: I'm assuming that whoever is going to be the next
Speaker 1: leader of the Democrat Party is going to come from
Speaker 1: the wilderness like it usually does. Clinton came out of nowhere.
Speaker 1: Obama came out of nowhere. Generally, the successful ones, even
Speaker 1: Jimmy Cark, come out of nowhere. Who's the next? Who's
Speaker 1: the next? And what would you want them to be?
Speaker 2: Not? No, Here's what I would say on a serious note,
Speaker 2: I do want them. I want them not part of Washington.
Speaker 2: I want them to have governed. I want them to
Speaker 2: be a true change agent. And I want them to
Speaker 2: understand one thing, keep weird. The biggest thing we have
Speaker 2: to do is restore the credibility and trust with the
Speaker 2: American competence. It's more than competence. Competence counts, but that's
Speaker 2: not it's not what keeps you up. The fair deal,
Speaker 2: the new Deal, the New Frontier was not about competence.
Speaker 2: It was about having a vision in America, holding America
Speaker 2: to that north star.
Speaker 1: And that give me three people that you would call
Speaker 1: on to write that vision, to have that vision, to
Speaker 1: help you with that vision, to be that vision.
Speaker 2: Three three, Okay, I got six for you. Okay, Okay, here,
Speaker 2: hold on, let me give you got it. You want
Speaker 2: this one, it's better, it's a little little better on
Speaker 2: that one. Yeah, okay, okay, Hey John, your your dog
Speaker 2: was playing with that.
Speaker 1: All right?
Speaker 2: Okay, six, Okay, governor in Pennsylvania, Shapiro, you're just talking.
Speaker 1: About the can you asked me who who? But these
Speaker 1: are the usual Okay, So you're saying it's gonna come
Speaker 1: from the sheer. Look.
Speaker 2: So one constant in American history is governors have been
Speaker 2: the most likely to make it. To watch them because
Speaker 2: they bring change both parties. Ronald Reagan, George Bush, Jimmy Carter,
Speaker 2: Bill Clinton, you go to Wildrow Wilson, Franklin, Delo Roosevelt,
Speaker 2: governors are your most likely change.
Speaker 1: Would you give a Mark Cuban a shot somebody like
Speaker 1: that totally out of the box.
Speaker 2: No, No, I wouldn't because I think that you actually
Speaker 2: have to have you know, the currency you work on
Speaker 2: in politics is politics, and if you don't have experience
Speaker 2: in it, no, And I do think governors bring change.
Speaker 2: People that have understand But the most important thing to
Speaker 2: me is can you articulate that vision that takes America
Speaker 2: out of this wilders to a better place to do
Speaker 2: a better thing, Because when you're done, when you're done
Speaker 2: with this, it's going to be a lot of carnage.
Speaker 1: Young man, We'll I'm a man, I'm gonna take a
Speaker 1: break taking right back after this. Do you see though
Speaker 1: the people are doing for a break. I thought's up
Speaker 1: for tonight, but before we go, we're gonna take it
Speaker 1: with your hearts for the rest of the week.
Speaker 3: Doesn't he eye to doesn't.
Speaker 1: Go down this week?
Speaker 2: Oh?
Speaker 1: Big science news, Jean.
Speaker 11: Just this week, researchers using fossilized DNA have brought back
Speaker 11: dire wolves from extinction.
Speaker 2: Very exciting?
Speaker 1: Aren't those? The Game of Thrones wolves, the dire That
Speaker 1: does sound a little risky. Oh, it doesn't sound a
Speaker 1: little risky. Oh.
Speaker 11: I don't want giant dire wolves or a t Rex
Speaker 11: with guns for arms.
Speaker 2: Only the week will fail, John.
Speaker 1: I don't. I'm not ref at all. I actually I
Speaker 1: don't want a t Rex with guns for arms. I
Speaker 1: don't want that.
Speaker 11: Wow, you're being a real p word, John, the panic Han,
Speaker 11: You're being two p words.
Speaker 7: John?
Speaker 1: Does he like it? Everybody here?
Speaker 2: It is?
Speaker 1: You know what is that?
Speaker 3: The Dodger's face down adversity. You entered the playoffs battered
Speaker 3: and bruised, but not broken.
Speaker 1: When you ran out the healthy arms you ran out
Speaker 1: of really healthy, they had great arms, but they rent out.
Speaker 1: It's called sports.
Speaker 3: It's called baseball in particular.
Speaker 1: Explore more shows from the Daily Show podcast universe by
Speaker 1: searching the Daily Show wherever you get your podcasts.
Speaker 3: Watch The Daily Show weeknights at eleven.
Speaker 10: Ten Central on Comedy Central, and stream full episodes anytime
Speaker 10: on Paramount plus
Speaker 2: Paramount Podcasts