1 00:00:00,600 --> 00:00:04,560 Speaker 1: Hi, I'm Molly John Fast and this is Fast Politics. Well, 2 00:00:04,600 --> 00:00:07,600 Speaker 1: we discussed the top political headlines with some of today's 3 00:00:07,680 --> 00:00:12,000 Speaker 1: best minds, and Steve Bannon says that Dr Fauci will 4 00:00:12,000 --> 00:00:15,440 Speaker 1: be hunted after the mid terms. Well, we sure have 5 00:00:15,520 --> 00:00:18,079 Speaker 1: one hell of a show for you. Vice President Kamala 6 00:00:18,120 --> 00:00:20,520 Speaker 1: Harris joins us to talk about a host of issues. 7 00:00:20,720 --> 00:00:23,120 Speaker 1: Then we have Andrew Ross Sorkin, but you, of course 8 00:00:23,200 --> 00:00:25,320 Speaker 1: known as the New York Times columnist and co ancher 9 00:00:25,480 --> 00:00:28,640 Speaker 1: squawk Box. But first we have the host of Hell 10 00:00:28,680 --> 00:00:31,920 Speaker 1: and high Water and the Circus on Showtime, the recounts, 11 00:00:32,040 --> 00:00:35,879 Speaker 1: John Hilman. Welcome to Fast Politics. John, Hey, it's uh. 12 00:00:35,920 --> 00:00:38,120 Speaker 1: I like you know, I didn't realize what I decided Molly, 13 00:00:38,159 --> 00:00:40,519 Speaker 1: that you had a new podcast, and I was excited 14 00:00:40,560 --> 00:00:42,400 Speaker 1: to do it. I would do anything you ever asked, 15 00:00:42,479 --> 00:00:45,639 Speaker 1: you know that. But but I thought Fast Politics. So 16 00:00:45,720 --> 00:00:47,239 Speaker 1: this is gonna be if we're gonna speak fast, we're 17 00:00:47,240 --> 00:00:49,440 Speaker 1: gonna cover a lot of ground fast. I didn't really 18 00:00:49,440 --> 00:00:52,320 Speaker 1: get that. Oh yeah, it's actually also a thing related 19 00:00:52,360 --> 00:00:55,960 Speaker 1: to Molly's name. Yes, we're really clever. And I like 20 00:00:56,640 --> 00:00:58,600 Speaker 1: that it took. It tells you how stupid I am 21 00:00:58,760 --> 00:01:00,200 Speaker 1: or how smart you are that it took me little 22 00:01:00,200 --> 00:01:02,880 Speaker 1: while to figure that out. I don't think anyone figured 23 00:01:02,880 --> 00:01:05,640 Speaker 1: it out, but I actually think people should listen to it. 24 00:01:05,720 --> 00:01:08,039 Speaker 1: I was listening to my podcast when I'm listening to 25 00:01:08,040 --> 00:01:11,120 Speaker 1: podcasts on one and a half speed, So, oh my god, 26 00:01:11,160 --> 00:01:14,399 Speaker 1: can you imagine like taking our conversational tempo and amping 27 00:01:14,400 --> 00:01:16,240 Speaker 1: it up to like one and a half? Do it? 28 00:01:16,520 --> 00:01:19,440 Speaker 1: I mean, life is sure? Why you know, if you 29 00:01:19,440 --> 00:01:21,839 Speaker 1: could listen to it in third e versus forty five, 30 00:01:21,920 --> 00:01:24,280 Speaker 1: go for it. I'm all for it. So I want 31 00:01:24,319 --> 00:01:27,120 Speaker 1: to talk to you about two weeks from the mid terms. 32 00:01:27,319 --> 00:01:29,800 Speaker 1: We're all going to die? Right, well, we asked, Actually, 33 00:01:29,840 --> 00:01:31,399 Speaker 1: we are all going to die. The other question, the 34 00:01:31,440 --> 00:01:33,120 Speaker 1: question is when we're gonna die. I would say that 35 00:01:33,240 --> 00:01:35,720 Speaker 1: I have been told by my one of my primary 36 00:01:35,720 --> 00:01:37,800 Speaker 1: care positions that I may be a space alien and 37 00:01:37,800 --> 00:01:40,680 Speaker 1: and may never die. But other than me, other than me, 38 00:01:40,760 --> 00:01:43,160 Speaker 1: you were all going to die. Excellent, I was hoping. 39 00:01:43,400 --> 00:01:46,440 Speaker 1: I don't think we're going to die though necessarily in 40 00:01:46,520 --> 00:01:49,360 Speaker 1: the calendar year two, not all of us. But the 41 00:01:49,480 --> 00:01:53,240 Speaker 1: narrative seems to be I mean and again that this 42 00:01:53,320 --> 00:01:55,560 Speaker 1: is like the mainstream media narrative. Do with this what 43 00:01:55,680 --> 00:01:59,840 Speaker 1: you will all summer, Democrats are not going to have 44 00:01:59,880 --> 00:02:02,760 Speaker 1: a red wave. Democrats are killing it. All of a 45 00:02:02,840 --> 00:02:08,240 Speaker 1: sudden September comes and the narrative totally ships were in October, 46 00:02:08,360 --> 00:02:11,320 Speaker 1: I've had, you know, three weeks of newsletters telling me 47 00:02:11,360 --> 00:02:13,959 Speaker 1: that Democrats are going to get slaughtered and democracy is 48 00:02:13,960 --> 00:02:17,440 Speaker 1: going to die. What happened, Well, I guess I first, 49 00:02:17,480 --> 00:02:20,280 Speaker 1: I'd say, the narrative is always capital t capital, and 50 00:02:20,480 --> 00:02:23,440 Speaker 1: I always wonder like whose narrative is that? Um, there's 51 00:02:23,480 --> 00:02:27,400 Speaker 1: some realities here. The first part which was, I mean, 52 00:02:27,440 --> 00:02:28,920 Speaker 1: the first part was there was going to be a 53 00:02:28,960 --> 00:02:30,720 Speaker 1: red wave. If you think about the period of time 54 00:02:30,760 --> 00:02:34,040 Speaker 1: from the Virginia and New Jersey off your elections in 55 00:02:34,120 --> 00:02:37,120 Speaker 1: November of last year. Two, I would say, the moment 56 00:02:37,160 --> 00:02:39,839 Speaker 1: that the Supreme Court decided to strike down a Row 57 00:02:40,160 --> 00:02:42,680 Speaker 1: and did the ruling in Dobbs, that was all Republicans 58 00:02:42,720 --> 00:02:44,720 Speaker 1: are definitely gonna be definitely gonna have a red wave. 59 00:02:44,760 --> 00:02:47,680 Speaker 1: Then and then you had a summer where two things happened. 60 00:02:47,760 --> 00:02:51,679 Speaker 1: One was the backlash on row slash jobs, and and 61 00:02:51,800 --> 00:02:54,160 Speaker 1: that energy that got unleashed with a lot of voters 62 00:02:54,200 --> 00:02:56,960 Speaker 1: who care about choice and care about women's reproductive health 63 00:02:57,000 --> 00:03:00,000 Speaker 1: and and hate the Supreme Court for being so wildly politicide, 64 00:03:00,040 --> 00:03:02,000 Speaker 1: which something we could talk about in the more even 65 00:03:02,040 --> 00:03:04,680 Speaker 1: more vivid form in the context of what Justice Thomas 66 00:03:04,720 --> 00:03:08,320 Speaker 1: did yesterday. But um and and the other thing that 67 00:03:08,360 --> 00:03:11,240 Speaker 1: people ignored, I think at what seemed to be their 68 00:03:11,320 --> 00:03:14,000 Speaker 1: peril at the time and now seems to have really 69 00:03:14,120 --> 00:03:16,600 Speaker 1: cost Democrats to some extent, is you know, there was 70 00:03:16,639 --> 00:03:21,280 Speaker 1: a weird moment there in August where the economy started 71 00:03:21,320 --> 00:03:23,640 Speaker 1: to get better, and if you look at Joe Biden's 72 00:03:23,639 --> 00:03:26,280 Speaker 1: approval rating and lay it down next to gas prices, 73 00:03:26,560 --> 00:03:30,480 Speaker 1: you'll see an incredibly incredibly consistent correlation. So, you know, 74 00:03:30,639 --> 00:03:33,040 Speaker 1: the president's approval already matters a lot in intermal elections 75 00:03:33,080 --> 00:03:35,160 Speaker 1: because the House at least tends to kind of rise 76 00:03:35,160 --> 00:03:38,040 Speaker 1: and fall with, you know, the national approval of the 77 00:03:38,040 --> 00:03:40,720 Speaker 1: the end party. And so the combination of that, what 78 00:03:40,920 --> 00:03:43,240 Speaker 1: was going on on the on the abortion rights front, 79 00:03:43,320 --> 00:03:46,160 Speaker 1: and the fact that the economy seemed like it might 80 00:03:46,200 --> 00:03:48,800 Speaker 1: be headed towards the soft landing that the Biden people 81 00:03:48,800 --> 00:03:51,440 Speaker 1: have been predicting, and inflation was starting to take down 82 00:03:51,480 --> 00:03:54,080 Speaker 1: and gas prices and food prices were taking down, led 83 00:03:54,080 --> 00:03:57,400 Speaker 1: to this surge of optimism in August into Labor Day 84 00:03:57,440 --> 00:03:59,560 Speaker 1: that you know, not the Democrats, I don't. I mean 85 00:03:59,560 --> 00:04:01,440 Speaker 1: I heard some liberals who were like, Democrats are like, 86 00:04:01,440 --> 00:04:02,960 Speaker 1: you know, they're could be a blue wave, and I'm like, 87 00:04:03,360 --> 00:04:05,800 Speaker 1: you guys are out of your minds. But the possibility 88 00:04:05,960 --> 00:04:09,120 Speaker 1: you know, rose to one in four, you know, one 89 00:04:09,160 --> 00:04:11,480 Speaker 1: in three the Democrats might be able to hold the House, 90 00:04:11,520 --> 00:04:15,360 Speaker 1: which is, you know, would be great odds against against history. 91 00:04:15,480 --> 00:04:17,479 Speaker 1: And people were very confident about the Senate when you 92 00:04:17,480 --> 00:04:20,599 Speaker 1: saw you know, double digit leads for for for John 93 00:04:20,640 --> 00:04:23,240 Speaker 1: Pederman in Pennsylvania, and it looked like John Warnock was 94 00:04:23,240 --> 00:04:25,680 Speaker 1: gonna have an easy time with marciall Walker and Gregian 95 00:04:25,680 --> 00:04:28,760 Speaker 1: Whittmer was up by double digits in the governor's race Michigan. 96 00:04:28,800 --> 00:04:31,599 Speaker 1: And then what happened was Molly. What happened was what 97 00:04:31,720 --> 00:04:34,560 Speaker 1: sometimes happens. The economic improvement turned out to be a lousory. 98 00:04:34,720 --> 00:04:36,919 Speaker 1: Gas prices started to rise again, inflation started to go 99 00:04:37,000 --> 00:04:40,520 Speaker 1: up again. People started like really bracing for a real recession. 100 00:04:40,680 --> 00:04:43,400 Speaker 1: The Feds started hiking interest rates because inflation was was 101 00:04:43,440 --> 00:04:45,560 Speaker 1: out of control and again and they felt like they 102 00:04:45,600 --> 00:04:48,200 Speaker 1: needed to us put the brakes on the economy, which 103 00:04:48,240 --> 00:04:52,000 Speaker 1: made the recession talk even more pronounced everywhere I go 104 00:04:52,080 --> 00:04:53,960 Speaker 1: in the country, which is a lot of places. Because 105 00:04:54,000 --> 00:04:57,240 Speaker 1: of the circus, people who had stopped asking me, hey, 106 00:04:57,279 --> 00:04:59,160 Speaker 1: where are you from and what are gas prices there, 107 00:04:59,200 --> 00:05:01,320 Speaker 1: which is things that you here out in the campaign trail, 108 00:05:01,360 --> 00:05:05,120 Speaker 1: just among normal people, they started asking again, um in September, like, hey, 109 00:05:05,120 --> 00:05:06,920 Speaker 1: where are you from? And we're the gas prices there 110 00:05:06,920 --> 00:05:08,839 Speaker 1: are gas prices are back off the charts again. You 111 00:05:08,880 --> 00:05:11,400 Speaker 1: know that happened, and and and I think the question 112 00:05:11,560 --> 00:05:14,360 Speaker 1: in there's no doubt that the focus on reproductive rights, 113 00:05:14,880 --> 00:05:17,640 Speaker 1: which is clearly a super important issue and one that 114 00:05:17,720 --> 00:05:20,000 Speaker 1: has potential political payoff, we saw a lot of these, 115 00:05:20,040 --> 00:05:22,080 Speaker 1: you know, a lot of voter registration that seemed to 116 00:05:22,120 --> 00:05:24,719 Speaker 1: be driven by dobbs. You saw some data on that 117 00:05:24,720 --> 00:05:27,520 Speaker 1: that had filled democratic hearts with a lot of optimism 118 00:05:27,760 --> 00:05:29,600 Speaker 1: that didn't go away. And I think that's one of 119 00:05:29,640 --> 00:05:31,560 Speaker 1: the questions right now right are are this is the 120 00:05:31,600 --> 00:05:34,800 Speaker 1: polling picking up those new voters, and or are we 121 00:05:34,880 --> 00:05:37,880 Speaker 1: getting an overly dire picture. You know, as you sit 122 00:05:37,920 --> 00:05:39,800 Speaker 1: here today, we're back to something more like what you'd 123 00:05:39,800 --> 00:05:41,680 Speaker 1: expect in the mid term or in the House at least, 124 00:05:41,720 --> 00:05:43,800 Speaker 1: which is Republicans are probably going to take control of 125 00:05:43,800 --> 00:05:46,880 Speaker 1: the House. That's always been. The margin is razor thin. 126 00:05:47,200 --> 00:05:50,280 Speaker 1: There are more safe Republican seats. I mean, the math 127 00:05:50,520 --> 00:05:53,039 Speaker 1: is just yes, the bottom line is like, it's just 128 00:05:53,120 --> 00:05:55,280 Speaker 1: it is. There's a reason historically that you know when 129 00:05:55,279 --> 00:05:57,599 Speaker 1: a when a new president comes in, and especially when 130 00:05:57,600 --> 00:05:59,640 Speaker 1: the new president has control of the House and Senate, 131 00:06:00,040 --> 00:06:02,680 Speaker 1: that the first year mid term is usually a referendum 132 00:06:02,720 --> 00:06:04,960 Speaker 1: on that in power party. And right now there's not 133 00:06:05,040 --> 00:06:08,640 Speaker 1: nobody can really argue that. Just forget about why or 134 00:06:08,640 --> 00:06:11,760 Speaker 1: whether you think it's rightful or not. The country is 135 00:06:11,760 --> 00:06:14,680 Speaker 1: not in a psyched place about its economy or its prospects, 136 00:06:14,720 --> 00:06:18,000 Speaker 1: and people generally, you know, blame the president who's in 137 00:06:18,080 --> 00:06:20,720 Speaker 1: sitting in the oble office, fairly or unfairly. I always say, 138 00:06:20,760 --> 00:06:22,560 Speaker 1: you know, presidents get more credit than they deserve when 139 00:06:22,560 --> 00:06:24,640 Speaker 1: things are going great, and they get more blame than 140 00:06:24,680 --> 00:06:26,440 Speaker 1: they deserve when things aren't going great. But right now 141 00:06:26,480 --> 00:06:29,360 Speaker 1: where the more blame than they deserve that when things 142 00:06:29,360 --> 00:06:31,600 Speaker 1: are not going great. So you know, people are discing, 143 00:06:31,640 --> 00:06:33,360 Speaker 1: are unhappy with the state of the country, and they're 144 00:06:33,360 --> 00:06:35,400 Speaker 1: gonna blame it on Democrats, and so given that the 145 00:06:35,800 --> 00:06:38,280 Speaker 1: margin and the houses so thick, you know, you can 146 00:06:38,360 --> 00:06:41,880 Speaker 1: expect Republicans take control. But look, David actual out of 147 00:06:41,920 --> 00:06:43,800 Speaker 1: righting me the other day that they lost sixty seats 148 00:06:44,200 --> 00:06:46,520 Speaker 1: at sixty net seats in two thousand ten. We're not 149 00:06:46,520 --> 00:06:48,560 Speaker 1: going to see that happen, I don't think on November eight. 150 00:06:48,640 --> 00:06:50,920 Speaker 1: But we're likely to see Republicans take control of the House, 151 00:06:50,920 --> 00:06:52,839 Speaker 1: and then we can talk in more detail. I'll shut 152 00:06:52,920 --> 00:06:55,120 Speaker 1: up and let you ask another question. I think the 153 00:06:55,120 --> 00:06:56,760 Speaker 1: Senate is exactly where I thought it would be a 154 00:06:56,760 --> 00:06:59,719 Speaker 1: bunch of really close races that could break, you know, 155 00:07:00,000 --> 00:07:02,040 Speaker 1: could end up with the Republicans with a one seat majority. 156 00:07:02,080 --> 00:07:04,320 Speaker 1: We get up with the Democrats by a one seat majority, 157 00:07:04,360 --> 00:07:06,240 Speaker 1: but that's about it. We're not gonna see. I don't 158 00:07:06,279 --> 00:07:08,400 Speaker 1: think we're not going to see suddenly Republicans have a 159 00:07:08,400 --> 00:07:10,600 Speaker 1: four seat majority in the Senate or Democrats have before 160 00:07:10,600 --> 00:07:12,280 Speaker 1: seat majority in the Senate. I don't think's going to happen. 161 00:07:12,280 --> 00:07:14,960 Speaker 1: We're gonna end up with really narrowly divided Senate again 162 00:07:15,800 --> 00:07:17,320 Speaker 1: one way or the other. And obviously that matters a 163 00:07:17,320 --> 00:07:19,600 Speaker 1: lot which way it goes. But that's I think we're headed. 164 00:07:19,800 --> 00:07:22,040 Speaker 1: So I was actually gonna ask you about the Senate 165 00:07:22,080 --> 00:07:25,640 Speaker 1: because it seems like in August and September we saw 166 00:07:26,040 --> 00:07:29,720 Speaker 1: Fetterman had a huge lead, we saw Mandela Barnes said 167 00:07:29,760 --> 00:07:33,200 Speaker 1: an enormous lead. You know, a September of ron and 168 00:07:33,400 --> 00:07:39,280 Speaker 1: on flooding the Wisconsin air waves with ads about how 169 00:07:39,360 --> 00:07:43,360 Speaker 1: Republicans are tough on crime. Again, I have yet to 170 00:07:43,400 --> 00:07:49,440 Speaker 1: see any Republican policy on crime or anything else. I mean, 171 00:07:49,480 --> 00:07:53,320 Speaker 1: God forbid, you know Republicans make policy. But now all 172 00:07:53,320 --> 00:07:57,200 Speaker 1: these races are super tight, even Blake Masters in Arizona. 173 00:07:57,240 --> 00:07:59,480 Speaker 1: I'm seeing Poland. I would have said to you, if 174 00:07:59,520 --> 00:08:02,600 Speaker 1: you'd asked me in in August whether I thought Mandela 175 00:08:02,640 --> 00:08:04,320 Speaker 1: Barnz is gonna win that race by double digits, I 176 00:08:04,320 --> 00:08:06,400 Speaker 1: would have said, hey, Molly, um, can you tell me 177 00:08:06,440 --> 00:08:09,600 Speaker 1: when the last time, other than Mandela Barnes as lieutenant governor? 178 00:08:09,760 --> 00:08:11,560 Speaker 1: Can you tell me the last time that Wisconsin's elected 179 00:08:11,560 --> 00:08:14,200 Speaker 1: a statewide black Canada in a hundred years? You would 180 00:08:14,200 --> 00:08:15,880 Speaker 1: have said, huh, And I can't really think of one. 181 00:08:15,920 --> 00:08:17,800 Speaker 1: I was that because there has never been one. You know, 182 00:08:17,840 --> 00:08:20,320 Speaker 1: my father was from Wisconsin. I actually like Wisconsin a lot, 183 00:08:20,360 --> 00:08:21,880 Speaker 1: but they don't have a great record in terms of 184 00:08:21,920 --> 00:08:23,760 Speaker 1: racial diversity in that state. And it was always gonna 185 00:08:23,760 --> 00:08:25,920 Speaker 1: be an uphill push for for Mandela Barnes, who's who 186 00:08:26,040 --> 00:08:29,680 Speaker 1: is very liberal on crime, and you're right to Republicans 187 00:08:29,680 --> 00:08:32,440 Speaker 1: have good crime policies. No, they're ridiculous. And is the 188 00:08:32,440 --> 00:08:34,240 Speaker 1: crime problem as bad as they claim it is? No, 189 00:08:34,400 --> 00:08:38,240 Speaker 1: of course it's not. But this is politics and and 190 00:08:38,240 --> 00:08:41,680 Speaker 1: and a black liberal candidate in a year where crime 191 00:08:41,760 --> 00:08:44,920 Speaker 1: is we're Democrats. Republicans have been successful in creating a 192 00:08:44,960 --> 00:08:47,160 Speaker 1: lot of fear about crime and and a lot of 193 00:08:47,160 --> 00:08:50,400 Speaker 1: it misplaced and a lot of it distorted with the statistics. 194 00:08:50,400 --> 00:08:51,520 Speaker 1: You know, that was a guy who was going to 195 00:08:51,600 --> 00:08:53,920 Speaker 1: have a tough race. And Wisconsin's a purple state. It's 196 00:08:53,920 --> 00:08:56,760 Speaker 1: not like this is not blue state. So and beating 197 00:08:57,040 --> 00:09:01,080 Speaker 1: us the last thing. Beating an incumbent in the Senate 198 00:09:01,200 --> 00:09:03,720 Speaker 1: is hard. I mean, it's it's just not it's it's 199 00:09:03,760 --> 00:09:07,240 Speaker 1: hard to do always right. The incumbents are entrenched, even 200 00:09:07,280 --> 00:09:10,800 Speaker 1: when they're odious, as Ron Johnson clearly is. When they're 201 00:09:10,880 --> 00:09:13,160 Speaker 1: entrenched and they're well funded, they're hard to be You 202 00:09:13,200 --> 00:09:15,240 Speaker 1: need a really great candidate who's really well funded, and 203 00:09:15,240 --> 00:09:17,640 Speaker 1: you can need to get some breaks. And that's one place. 204 00:09:17,679 --> 00:09:19,640 Speaker 1: I'll tell you another place where the crime issues playing 205 00:09:19,720 --> 00:09:22,880 Speaker 1: Molly is is uh more than people understand is in 206 00:09:22,960 --> 00:09:25,520 Speaker 1: the Federman race, where everybody's focused on his health. And 207 00:09:25,559 --> 00:09:27,760 Speaker 1: I would say that's a reasonable thing. The guy had 208 00:09:27,760 --> 00:09:29,520 Speaker 1: a stroke. I mean you should be we should wonder 209 00:09:29,559 --> 00:09:31,480 Speaker 1: about whether about his health. I think that's a legitimate 210 00:09:31,520 --> 00:09:36,120 Speaker 1: thing for voters to ask about. But politically, that you 211 00:09:36,160 --> 00:09:38,760 Speaker 1: think about this, how bad is Dr Oz as a candidate. 212 00:09:38,760 --> 00:09:41,720 Speaker 1: He's so bad that in the course of the period 213 00:09:41,720 --> 00:09:45,040 Speaker 1: from May to Labor Day, John Funerman was essentially unable 214 00:09:45,040 --> 00:09:47,360 Speaker 1: to campaign because he had a stroke, did not do 215 00:09:47,400 --> 00:09:49,880 Speaker 1: almost any public events or or face to face interviews. 216 00:09:50,200 --> 00:09:53,280 Speaker 1: And yet Oz was so bad that Fetterman, by basically 217 00:09:53,440 --> 00:09:56,439 Speaker 1: campaigning from his basement and doing great stuff on digital, 218 00:09:56,960 --> 00:09:59,160 Speaker 1: was able to open up that double digit twelve point 219 00:09:59,200 --> 00:10:01,600 Speaker 1: lead at one point. That's how bad. That's all about 220 00:10:01,880 --> 00:10:06,040 Speaker 1: the odds badness. And then thirty million dollars in Republican 221 00:10:06,080 --> 00:10:09,959 Speaker 1: ads in September, almost all of him on crime. John Federman, 222 00:10:09,960 --> 00:10:12,360 Speaker 1: who ran the parole board, ran the pardon board, was like, 223 00:10:12,440 --> 00:10:15,520 Speaker 1: has a record on crime that Republicans have been able 224 00:10:15,559 --> 00:10:18,960 Speaker 1: to successfully if again, I'd say unfairly but successfully portray 225 00:10:19,080 --> 00:10:22,440 Speaker 1: as too liberal and out of step with UH with 226 00:10:22,440 --> 00:10:25,920 Speaker 1: with the mainstream of Pennsylvania voters. Thirty million dollars Republican 227 00:10:25,960 --> 00:10:28,600 Speaker 1: ads made that made that race. What I think now is, 228 00:10:28,679 --> 00:10:31,960 Speaker 1: you know, Federman's up a little bit um, but it's 229 00:10:31,960 --> 00:10:35,040 Speaker 1: not twelve and and this debate tonight is huge. I mean, 230 00:10:35,040 --> 00:10:37,120 Speaker 1: we've never seen anything like it, really where the race 231 00:10:37,160 --> 00:10:39,240 Speaker 1: has been closing for the reasons I just said, And 232 00:10:39,440 --> 00:10:41,199 Speaker 1: no one knows what you're gonna see tonight. And I 233 00:10:41,440 --> 00:10:43,720 Speaker 1: don't say that with any prejudice against John Federman, who 234 00:10:43,760 --> 00:10:47,600 Speaker 1: who's a charismatic, compelling candidate and and certainly was both 235 00:10:47,600 --> 00:10:50,439 Speaker 1: those things to to a to a huge degree before 236 00:10:50,840 --> 00:10:53,480 Speaker 1: he suffered this unfortunate health incident. But a lot of 237 00:10:53,520 --> 00:10:55,120 Speaker 1: people have a lot of questions and univer seen a 238 00:10:55,160 --> 00:10:57,640 Speaker 1: candidate on stage who had has had to use close 239 00:10:57,720 --> 00:11:00,720 Speaker 1: captioning in a live debate. You've never seen a health 240 00:11:00,720 --> 00:11:03,960 Speaker 1: issue that's been elevated in quite this way. I think 241 00:11:03,960 --> 00:11:06,359 Speaker 1: his campaign has done a good job of managing expectations 242 00:11:06,360 --> 00:11:08,280 Speaker 1: about it. They've got a really good job of kind 243 00:11:08,280 --> 00:11:12,320 Speaker 1: of saying to Pennsylvanians. Yeah, people have health incidents. You like, 244 00:11:12,400 --> 00:11:14,240 Speaker 1: millions of you have had things that have happened to 245 00:11:14,240 --> 00:11:16,280 Speaker 1: your health. And he's recovering, and he's working really hard 246 00:11:16,320 --> 00:11:20,160 Speaker 1: to recover and he understands you because he's gone through this. 247 00:11:20,200 --> 00:11:22,040 Speaker 1: He understands you if you seen more empathic than he 248 00:11:22,080 --> 00:11:24,760 Speaker 1: was before. But it still is the case that you know, 249 00:11:24,800 --> 00:11:27,240 Speaker 1: in a very in a very evenly divided state, you know, 250 00:11:27,280 --> 00:11:29,240 Speaker 1: the swing vote, they want to see him get up 251 00:11:29,240 --> 00:11:31,520 Speaker 1: on stage and feel comfortable and confident that he can 252 00:11:31,559 --> 00:11:33,000 Speaker 1: do the job. And you know, so if he clears 253 00:11:33,040 --> 00:11:35,160 Speaker 1: that bar tonight, I think he could end the race Fetterman, 254 00:11:35,200 --> 00:11:37,600 Speaker 1: and he might, but other things could happen to miss 255 00:11:37,600 --> 00:11:41,720 Speaker 1: will A wait and see. But in Georgia, right we 256 00:11:41,800 --> 00:11:46,280 Speaker 1: had hershell Walker can't do sentences. I know, I know, 257 00:11:47,760 --> 00:11:51,640 Speaker 1: I've read commentary that says he won that debate. I'd say, 258 00:11:51,760 --> 00:11:53,360 Speaker 1: you know, in the standard again, this is one of 259 00:11:53,400 --> 00:11:56,520 Speaker 1: these things capital T capital and for the narrative, there's 260 00:11:56,520 --> 00:11:59,880 Speaker 1: also a capital E expectations, capital G. Game herschel Walker 261 00:12:00,000 --> 00:12:03,360 Speaker 1: can't do sentences is true, and I don't think he's 262 00:12:03,400 --> 00:12:05,240 Speaker 1: qualified to the United States Senator. I don't think he's 263 00:12:05,280 --> 00:12:09,079 Speaker 1: qualified to hold any public office. But but again in politics, 264 00:12:09,280 --> 00:12:11,520 Speaker 1: you know, the guy who was expected to get up 265 00:12:11,559 --> 00:12:14,240 Speaker 1: there and and be a mumbling, bumbling fool, and was 266 00:12:14,320 --> 00:12:17,880 Speaker 1: coming off of all these these mostly devastating scandals, expectations 267 00:12:17,880 --> 00:12:21,160 Speaker 1: were lowered naturally, not by anybody's effort. You have to 268 00:12:21,160 --> 00:12:23,280 Speaker 1: spin that one like, you know, the expectations were as 269 00:12:23,280 --> 00:12:25,520 Speaker 1: low as could be, and he cleared that bar. And 270 00:12:25,840 --> 00:12:28,679 Speaker 1: I will say again not to not to upset maybe 271 00:12:28,720 --> 00:12:31,400 Speaker 1: the likely listeners of the podcast Raphael Warnock, Who's a 272 00:12:31,520 --> 00:12:35,480 Speaker 1: really smart guy, a really dignified man, a powerful order, 273 00:12:36,320 --> 00:12:39,000 Speaker 1: obviously qualified to the United States senator and and and 274 00:12:39,040 --> 00:12:42,600 Speaker 1: all of that, he's still fucked up the simplest thing 275 00:12:42,640 --> 00:12:45,319 Speaker 1: in the world, Molly, which is Senator wearnock. This was 276 00:12:45,360 --> 00:12:47,720 Speaker 1: not literally the question, but the implied implicit of this 277 00:12:47,800 --> 00:12:50,199 Speaker 1: question was Senator we knock. You know, you became the 278 00:12:50,280 --> 00:12:53,280 Speaker 1: United States senator largely because of Joe Biden and the 279 00:12:53,760 --> 00:12:55,880 Speaker 1: stakes in that race between him and Donald Trump, and 280 00:12:55,920 --> 00:12:59,079 Speaker 1: the way that the Biden campaign rallied turnout in in Georgia. 281 00:12:59,120 --> 00:13:01,000 Speaker 1: You were able to get into the Senate a run off, 282 00:13:01,280 --> 00:13:02,839 Speaker 1: you would say, in the sense of your political career 283 00:13:02,840 --> 00:13:04,920 Speaker 1: to Joe Biden if he runs again twenty four where 284 00:13:04,920 --> 00:13:06,560 Speaker 1: you support him. That first part was the part that 285 00:13:06,600 --> 00:13:09,600 Speaker 1: was implicit. The explicit part was if he run four year, 286 00:13:09,600 --> 00:13:11,440 Speaker 1: guess him. There's only one answer to that question, Molly, 287 00:13:11,679 --> 00:13:15,839 Speaker 1: the honest answer, the loyal answer. The true answer is 288 00:13:16,240 --> 00:13:18,079 Speaker 1: it's up to Joe Biden decide if he wants to run. 289 00:13:18,080 --> 00:13:20,320 Speaker 1: But if he runs, of course I'll support him, and 290 00:13:20,320 --> 00:13:22,000 Speaker 1: he couldn't say it, and it was like one of 291 00:13:22,040 --> 00:13:24,560 Speaker 1: the great pieces of political malpractice I've seen in a while, Like, 292 00:13:25,040 --> 00:13:27,520 Speaker 1: you just answer that question, be straight, be a human being, 293 00:13:27,559 --> 00:13:30,920 Speaker 1: don't be an automaton, don't be a guy with consultants 294 00:13:30,920 --> 00:13:33,280 Speaker 1: in your head, worried about what the ramifications are going 295 00:13:33,320 --> 00:13:35,800 Speaker 1: to be up sticking with the guy who brung you. 296 00:13:36,040 --> 00:13:37,760 Speaker 1: And then they turned to herschel Walker and asked him 297 00:13:37,800 --> 00:13:40,480 Speaker 1: the same question, are you gonna support Donald Trump for 298 00:13:40,679 --> 00:13:43,840 Speaker 1: if he runs four and Walker gave the perfect answer, 299 00:13:43,840 --> 00:13:46,240 Speaker 1: which was he's my friend, of course I'm gonna stick 300 00:13:46,280 --> 00:13:48,360 Speaker 1: with him. And then he looked at Warnock and said, 301 00:13:48,600 --> 00:13:51,200 Speaker 1: you know you're being ridiculous to say you won't stick 302 00:13:51,200 --> 00:13:53,560 Speaker 1: with the guy you voted with at the time. That 303 00:13:53,720 --> 00:13:56,760 Speaker 1: was a good answer. The rest of them were barely literate, 304 00:13:56,800 --> 00:13:59,200 Speaker 1: but that cleared the bar. But that answer, in that 305 00:13:59,240 --> 00:14:01,080 Speaker 1: moment was it was good answer. And I will say 306 00:14:01,120 --> 00:14:04,440 Speaker 1: for for Raphael Warnock, who needs to get very robust 307 00:14:04,440 --> 00:14:07,080 Speaker 1: black turnout in Georgia if he wants to win this 308 00:14:07,160 --> 00:14:09,559 Speaker 1: thing outright, I think he's still a little bit ahead. 309 00:14:09,760 --> 00:14:12,920 Speaker 1: But George's funny state. Remember what happened. You got to 310 00:14:12,920 --> 00:14:16,480 Speaker 1: win fifty plus one, right, or you have a runoff, 311 00:14:16,720 --> 00:14:19,000 Speaker 1: or you have a runoff. And for them, the difference 312 00:14:19,040 --> 00:14:21,120 Speaker 1: between you know, what they need to get to to 313 00:14:21,120 --> 00:14:23,360 Speaker 1: put this thing to bed on November eight is they 314 00:14:23,360 --> 00:14:26,120 Speaker 1: needed to have very robust black turnout and that's what 315 00:14:26,120 --> 00:14:27,720 Speaker 1: will be the question of the night that night. If 316 00:14:27,720 --> 00:14:30,360 Speaker 1: they get very robust black turnout, there's also a question 317 00:14:30,400 --> 00:14:32,560 Speaker 1: of course of what what percentage of that black turnout 318 00:14:32,560 --> 00:14:34,960 Speaker 1: will go for Soschel Walker, also an African American candidate. 319 00:14:35,320 --> 00:14:37,560 Speaker 1: But if they get robust turnout black turnout that night, 320 00:14:37,640 --> 00:14:40,120 Speaker 1: they think that they can get it done on November eight. 321 00:14:40,440 --> 00:14:43,240 Speaker 1: If they don't, we're back and run it. We're back 322 00:14:43,240 --> 00:14:46,360 Speaker 1: in a runoff land again, and in an off your election, 323 00:14:47,040 --> 00:14:49,720 Speaker 1: you know, a midterm election with no the top of 324 00:14:49,760 --> 00:14:52,440 Speaker 1: the ticket. No Donald Trump in Georgia, a state that 325 00:14:52,520 --> 00:14:55,400 Speaker 1: is showing how Republican it still is by by giving 326 00:14:55,480 --> 00:14:58,640 Speaker 1: Brian Kemp a double digit lead over Stacey Abrams. It's 327 00:14:58,680 --> 00:15:01,400 Speaker 1: a very worrying prospect, the notion of a one on 328 00:15:01,400 --> 00:15:04,040 Speaker 1: one between We're not gonna walker in a runoff election, 329 00:15:04,320 --> 00:15:07,200 Speaker 1: we're turned out well will plummet And that could be 330 00:15:07,240 --> 00:15:09,560 Speaker 1: it too. You know, everybody now has focused on these 331 00:15:09,560 --> 00:15:12,440 Speaker 1: three races too. We've talked about one in Pennsylvania, one 332 00:15:12,440 --> 00:15:16,000 Speaker 1: in Georgia, and there there in Nevada, where another pair 333 00:15:16,040 --> 00:15:19,640 Speaker 1: of capitals, not the narrative, not expectations game, but capital 334 00:15:19,640 --> 00:15:23,280 Speaker 1: C conventional capital W wisdom in the political classes that 335 00:15:23,360 --> 00:15:26,440 Speaker 1: Catherine Cortes Massen is gonna lose in Nevada, Federman is 336 00:15:26,440 --> 00:15:28,600 Speaker 1: gonna win in Pennsylvania, and it's all gonna come down 337 00:15:28,640 --> 00:15:30,560 Speaker 1: to Georgia. And we might not know the answer on 338 00:15:30,600 --> 00:15:32,000 Speaker 1: the night of Member eight. We might have to wait 339 00:15:32,000 --> 00:15:34,720 Speaker 1: for the runoff for that. So hold your breath, right, 340 00:15:35,160 --> 00:15:39,160 Speaker 1: that's terrifying. I I don't think I'm emotionally, like like 341 00:15:40,040 --> 00:15:43,520 Speaker 1: strong enough to withstand another one of these fucking runoffs. 342 00:15:43,560 --> 00:15:45,760 Speaker 1: But think about this moment what I'm now focused on 343 00:15:45,840 --> 00:15:49,040 Speaker 1: because I'm you know, freak is the wild card scenarios 344 00:15:49,120 --> 00:15:53,960 Speaker 1: right where Evan McMuffin a K. McMullen, don't call him that. 345 00:15:54,320 --> 00:15:59,080 Speaker 1: He's my body. I like mcmuffins, I like the egg McMuffin. 346 00:15:59,160 --> 00:16:01,560 Speaker 1: I'm a big fan of that. But yes, I like 347 00:16:01,680 --> 00:16:04,360 Speaker 1: him though, and he's a delight Yes, continue, he's a 348 00:16:04,440 --> 00:16:06,480 Speaker 1: delightful He's delightful man. And he knows I'm kidding when 349 00:16:06,480 --> 00:16:09,040 Speaker 1: I say that, because again, McMuffin is not exactly an invective. 350 00:16:09,040 --> 00:16:11,000 Speaker 1: I like that. I mean a nice little breakfast sandwich. 351 00:16:11,040 --> 00:16:14,080 Speaker 1: She doesn't like that cheese eggs. You know, but yet 352 00:16:14,120 --> 00:16:17,680 Speaker 1: another Trump nickname that has stuck. Continued, Yes, but he 353 00:16:17,760 --> 00:16:20,680 Speaker 1: might win, Yeah, he might win. He could and you know, 354 00:16:20,800 --> 00:16:22,760 Speaker 1: the whole thing could get me, could be turned out, said, 355 00:16:22,760 --> 00:16:25,200 Speaker 1: you know, there's talk about there's there's now some indications 356 00:16:25,240 --> 00:16:27,600 Speaker 1: and two of the smartest Democratic strategist I know who 357 00:16:27,640 --> 00:16:30,440 Speaker 1: have been paying attention to this for months, I really 358 00:16:30,440 --> 00:16:33,480 Speaker 1: think that Chuck Grassley could lose in Iowa. So you know, 359 00:16:33,960 --> 00:16:36,960 Speaker 1: you insane, right, I mean you know things, you know, 360 00:16:37,120 --> 00:16:39,760 Speaker 1: weird ship happens in midterm elections, and people you don't 361 00:16:39,800 --> 00:16:41,920 Speaker 1: expect to be vulnerable, turned out to be more vulnerable 362 00:16:41,920 --> 00:16:44,640 Speaker 1: than you thought, and and maybe that will alleviate all 363 00:16:44,640 --> 00:16:47,360 Speaker 1: of your anxiety and and the need for all that 364 00:16:47,400 --> 00:16:50,240 Speaker 1: out of Yeah, I'm sure that I'll do it because 365 00:16:50,240 --> 00:16:53,520 Speaker 1: I'm very relaxed otherwise. So let's talk about this CRISP. 366 00:16:53,560 --> 00:16:55,960 Speaker 1: De Santis debate. I don't even want to talk about 367 00:16:55,960 --> 00:16:59,080 Speaker 1: it because I'm like, so, I just think Florida is 368 00:16:59,360 --> 00:17:03,000 Speaker 1: absolutely out of reach for Democrats. But some interesting stuff 369 00:17:03,040 --> 00:17:05,560 Speaker 1: happened during that debate. I'm with you on this, right, 370 00:17:05,760 --> 00:17:07,880 Speaker 1: rondes stant is gonna win that that race, and so 371 00:17:08,040 --> 00:17:11,280 Speaker 1: I I just don't like spend that much time focused 372 00:17:11,320 --> 00:17:13,520 Speaker 1: on things that that are out of reach at this 373 00:17:13,560 --> 00:17:17,639 Speaker 1: point in the election cycle. Just completely yes, irrelevant. But 374 00:17:17,920 --> 00:17:21,320 Speaker 1: I did think it was interesting when Chris said to 375 00:17:22,200 --> 00:17:24,560 Speaker 1: De Santis, can you promise that you're going to serve 376 00:17:24,560 --> 00:17:27,200 Speaker 1: out your term? Charlie. Chris is a in those moments. 377 00:17:27,240 --> 00:17:29,439 Speaker 1: He's a very practice politician. He's good, he knows how 378 00:17:29,440 --> 00:17:31,120 Speaker 1: to do these been a lot of big debates before, 379 00:17:31,119 --> 00:17:33,399 Speaker 1: and I thought, in that moment, for the debate, moment 380 00:17:33,400 --> 00:17:35,920 Speaker 1: that's going to get replaced over and over. He knew 381 00:17:35,960 --> 00:17:37,760 Speaker 1: how to execute on that, and I and he it 382 00:17:37,880 --> 00:17:40,320 Speaker 1: was he looked strong, he prosecuted it well, and to 383 00:17:40,400 --> 00:17:42,440 Speaker 1: Santis couldn't have looked worse. He looked like a deer 384 00:17:42,440 --> 00:17:45,240 Speaker 1: in the headlights. And I actually think from that standpoint, 385 00:17:45,920 --> 00:17:48,720 Speaker 1: he both He didn't answer, he looked like, you know, 386 00:17:48,840 --> 00:17:53,160 Speaker 1: he looked shifty, he looked uncomfortable, and then he tried 387 00:17:53,160 --> 00:17:57,119 Speaker 1: to turn it by robotically reading out some line about 388 00:17:57,640 --> 00:17:59,280 Speaker 1: you know, pastures and daw, I don't even know what 389 00:17:59,600 --> 00:18:01,840 Speaker 1: that was, but he's raid. It's a question, which I 390 00:18:01,920 --> 00:18:03,520 Speaker 1: think it's funny. There's a fair number of people in 391 00:18:03,560 --> 00:18:07,159 Speaker 1: the Republican world who will watch that and say they 392 00:18:07,200 --> 00:18:09,200 Speaker 1: already think to Santis is running for president, so that's 393 00:18:09,200 --> 00:18:10,960 Speaker 1: not gonna be news to them that he wouldn't answer, 394 00:18:11,280 --> 00:18:13,080 Speaker 1: But they will look at the way he handled it 395 00:18:13,160 --> 00:18:16,719 Speaker 1: and wonder, maybe he doesn't have quite the candidate skills 396 00:18:16,720 --> 00:18:19,040 Speaker 1: that we thought he had, and that that will that 397 00:18:19,200 --> 00:18:22,640 Speaker 1: debate will not have done him any good in Republican circles, 398 00:18:22,640 --> 00:18:25,320 Speaker 1: who are you know, looking around for who is the person? 399 00:18:25,440 --> 00:18:28,040 Speaker 1: If it's not Trump, who's the person? And that was 400 00:18:28,080 --> 00:18:31,280 Speaker 1: not a trumpet performance by De Santis. That was a nervous, 401 00:18:31,400 --> 00:18:35,119 Speaker 1: uncertain and then robotic and badly executed performance. And so 402 00:18:35,240 --> 00:18:37,359 Speaker 1: you know, for all of those people in the GOP 403 00:18:37,480 --> 00:18:39,760 Speaker 1: sweepstakes business, that's the thing that I'll tell you. Who 404 00:18:39,800 --> 00:18:43,639 Speaker 1: is smiling watching that debate. Carrien Lake, Oh, Carrie Lake, 405 00:18:44,640 --> 00:18:48,200 Speaker 1: carry Lake, Christie Nome, anybody who's thinking about running in 406 00:18:48,240 --> 00:18:51,760 Speaker 1: the Republican primary four who's not Donald Trump. Donald Trump 407 00:18:51,760 --> 00:18:53,440 Speaker 1: thinks thinks to Santa as a clown and thinks he 408 00:18:53,440 --> 00:18:55,520 Speaker 1: would crush him anyway. He doesn't really care. I mean, 409 00:18:55,520 --> 00:18:57,520 Speaker 1: his attitude is, you know, if I'm running, I'm gonna win. 410 00:18:57,640 --> 00:18:59,600 Speaker 1: And and he thinks he thinks to sant this is 411 00:18:59,800 --> 00:19:02,080 Speaker 1: a little man with no talent and who was made 412 00:19:02,080 --> 00:19:05,080 Speaker 1: by Donald Trump. It's those other people. It's the carry 413 00:19:05,160 --> 00:19:08,439 Speaker 1: Lakes and Christine Nomes, Mike Pompeo's and and others who 414 00:19:08,520 --> 00:19:11,440 Speaker 1: want to run, Tom Cotton's who want to run, who 415 00:19:11,440 --> 00:19:13,640 Speaker 1: are watching De Santis to see how good is this 416 00:19:13,640 --> 00:19:16,600 Speaker 1: guy really? He's good at given a press conference, he's 417 00:19:16,600 --> 00:19:18,840 Speaker 1: good at given, you know, standing up and in their 418 00:19:18,920 --> 00:19:23,280 Speaker 1: view he's good standing up and invoking cultural issues and yakking. 419 00:19:23,520 --> 00:19:26,080 Speaker 1: But is he good and when he's actually has to 420 00:19:26,119 --> 00:19:29,479 Speaker 1: go toe to toe with somebody in a real political scrap. 421 00:19:29,600 --> 00:19:32,120 Speaker 1: That was not a performance that well that did that, 422 00:19:32,119 --> 00:19:34,080 Speaker 1: that made people think more of the Santis and in fact, 423 00:19:34,080 --> 00:19:35,920 Speaker 1: for all those other people, they're like, yeah, I could 424 00:19:35,920 --> 00:19:40,040 Speaker 1: take this guy. Yeah it's possible. All right, Thanks so much. 425 00:19:40,080 --> 00:19:42,440 Speaker 1: Sn it goes by so fast? Is that why they 426 00:19:42,440 --> 00:19:50,960 Speaker 1: called fast politics. Kamala Harris is the Vice President of 427 00:19:51,000 --> 00:19:54,320 Speaker 1: the United States. Thank you so much for joining us. 428 00:19:54,720 --> 00:19:58,160 Speaker 1: It's good to be with you. You're in New Mexico. Yes, 429 00:19:58,359 --> 00:20:01,959 Speaker 1: I'm here at the University in Albuquerque. So I was curious. 430 00:20:02,119 --> 00:20:05,360 Speaker 1: New Mexico is a sort of abortion island in an 431 00:20:05,359 --> 00:20:08,960 Speaker 1: otherwise desert, and I know that they're building more clinics, 432 00:20:08,960 --> 00:20:12,119 Speaker 1: they're building them on the borders of the state, and 433 00:20:12,160 --> 00:20:15,920 Speaker 1: I was wondering what you're seeing, and more importantly, what 434 00:20:15,960 --> 00:20:18,720 Speaker 1: you're thinking about this. Well, one of the things I'm 435 00:20:18,760 --> 00:20:21,840 Speaker 1: seeing being here in New Mexico is it is a 436 00:20:22,040 --> 00:20:26,320 Speaker 1: vivid illustration of the importance of who is an elected office. 437 00:20:26,400 --> 00:20:30,080 Speaker 1: There's a governor here, Michelle Luhan Grisham, who is holding 438 00:20:30,119 --> 00:20:34,080 Speaker 1: the line on so many of these issues. And since 439 00:20:34,160 --> 00:20:38,119 Speaker 1: the Dog's decision did an unthinkable thing, which is to 440 00:20:38,200 --> 00:20:41,439 Speaker 1: take a constitutional right that had been recognized from the 441 00:20:41,440 --> 00:20:44,320 Speaker 1: people of America, from the women of America. One of 442 00:20:44,359 --> 00:20:47,000 Speaker 1: the things they did is they pushed it to the states. 443 00:20:47,040 --> 00:20:49,160 Speaker 1: And so when I'm seeing in New Mexico, to your point, 444 00:20:49,720 --> 00:20:53,520 Speaker 1: is state leadership and the governor and others who are saying, 445 00:20:53,640 --> 00:20:56,320 Speaker 1: we're going to make sure that our laws not only 446 00:20:56,359 --> 00:21:01,600 Speaker 1: protect individual rights and privacy and freedom, but also ensure 447 00:21:01,720 --> 00:21:05,000 Speaker 1: that we do, which is what they're doing, take care 448 00:21:05,000 --> 00:21:08,159 Speaker 1: of our neighbors. And isn't that at the essence of 449 00:21:08,200 --> 00:21:10,000 Speaker 1: it all When you when you want to live a 450 00:21:10,000 --> 00:21:12,920 Speaker 1: good life, it's about taking care of yourself and your neighbors. 451 00:21:12,920 --> 00:21:15,439 Speaker 1: And they're certainly doing that in New Mexico. So it 452 00:21:15,520 --> 00:21:18,240 Speaker 1: seems to me that the stakes are very high. And 453 00:21:18,480 --> 00:21:21,680 Speaker 1: I'm curious. You were a senator, you are now the 454 00:21:21,800 --> 00:21:25,480 Speaker 1: vice president. I'm curious to know do you think personally 455 00:21:25,560 --> 00:21:28,760 Speaker 1: that democracy can survive a second Trump term. Let me 456 00:21:28,800 --> 00:21:32,240 Speaker 1: just say this, here's how I sincerely think about it. All. 457 00:21:32,480 --> 00:21:36,159 Speaker 1: Democracy there's a duality to it. On the one hand, 458 00:21:36,640 --> 00:21:41,560 Speaker 1: a democracy, when it is intact, it's very strong. There's 459 00:21:41,600 --> 00:21:44,640 Speaker 1: a strength about democracy in terms of what it does 460 00:21:44,680 --> 00:21:49,160 Speaker 1: to protect individual rights and freedoms, and and to enforce 461 00:21:49,560 --> 00:21:53,480 Speaker 1: civil rights and human rights and and and justice right. 462 00:21:53,600 --> 00:21:56,800 Speaker 1: When a democracy is intact, it is very strong in 463 00:21:56,840 --> 00:21:59,400 Speaker 1: that way in terms of what it does to protect 464 00:21:59,800 --> 00:22:03,760 Speaker 1: the rights of its people. On the other hand, and 465 00:22:03,800 --> 00:22:07,919 Speaker 1: here is the duality, democracy is also extremely fragile. It 466 00:22:08,000 --> 00:22:11,560 Speaker 1: will only be as strong as the willingness of its 467 00:22:11,640 --> 00:22:14,959 Speaker 1: people to fight for it. It is a function of 468 00:22:15,000 --> 00:22:18,080 Speaker 1: the willingness of the people to fight for it. And 469 00:22:18,119 --> 00:22:21,760 Speaker 1: so when you ask me about Trump that the real 470 00:22:21,880 --> 00:22:25,600 Speaker 1: answer is that I believe in the strength of the 471 00:22:25,600 --> 00:22:28,639 Speaker 1: American people and the willingness and the desire of the 472 00:22:28,680 --> 00:22:32,600 Speaker 1: American people to fight for their democracy and make sure 473 00:22:32,680 --> 00:22:36,800 Speaker 1: that we don't have a situation where there's a further 474 00:22:36,960 --> 00:22:40,080 Speaker 1: erosion of rights, but in fact that there will be 475 00:22:40,720 --> 00:22:43,479 Speaker 1: picking up of the movements that have been about not 476 00:22:43,560 --> 00:22:47,120 Speaker 1: only preserving rights but expanding rights. So that's how I feel. 477 00:22:47,200 --> 00:22:49,760 Speaker 1: I feel that the people have the power, and I 478 00:22:49,800 --> 00:22:53,280 Speaker 1: do believe that in our heart as a nation, in 479 00:22:53,359 --> 00:22:56,280 Speaker 1: the heart of the people, there is a love of 480 00:22:56,320 --> 00:23:00,440 Speaker 1: our country, and by extention, a love of the supposed 481 00:23:00,480 --> 00:23:03,480 Speaker 1: upon which our country was founded, which include the principles 482 00:23:03,520 --> 00:23:07,080 Speaker 1: of freedom and liberty and equality, and justice, which are 483 00:23:07,080 --> 00:23:10,160 Speaker 1: all the attributes of acy. But we have these three 484 00:23:10,200 --> 00:23:14,920 Speaker 1: hundred plus election deniers running this mid term, and I'm 485 00:23:14,920 --> 00:23:18,159 Speaker 1: wondering what you're feeling is on what we can do 486 00:23:18,640 --> 00:23:22,680 Speaker 1: as Americans and also what Biden can do to sort 487 00:23:22,720 --> 00:23:26,119 Speaker 1: of protect and you and you two can do to 488 00:23:26,160 --> 00:23:30,639 Speaker 1: protect are what has happened in our democracy. Well, well, 489 00:23:30,720 --> 00:23:33,000 Speaker 1: let's start with making sure that in these mid terms 490 00:23:33,080 --> 00:23:36,640 Speaker 1: everyone gets out to vote. Because for example, again here 491 00:23:36,640 --> 00:23:39,560 Speaker 1: I'm here in New Mexico, Michelle Luhan Grisham is a 492 00:23:39,680 --> 00:23:41,960 Speaker 1: for election. Make sure you vote for her for re 493 00:23:42,040 --> 00:23:44,840 Speaker 1: election because she is standing up for people's rights. She's 494 00:23:44,880 --> 00:23:48,080 Speaker 1: not an election denier. You have people running for office 495 00:23:48,400 --> 00:23:51,119 Speaker 1: in states around the country. As governor, there are eleven 496 00:23:51,160 --> 00:23:53,760 Speaker 1: people running for Secretary of State around the country who 497 00:23:53,800 --> 00:23:57,920 Speaker 1: are election deniers. Vote and vote and make the statement 498 00:23:58,000 --> 00:24:00,919 Speaker 1: that you want people who actually uphold the truth and 499 00:24:01,040 --> 00:24:06,159 Speaker 1: uphold the law and protect freedoms. And I do believe 500 00:24:06,200 --> 00:24:07,879 Speaker 1: that that is part of the power that we have 501 00:24:08,040 --> 00:24:11,120 Speaker 1: right now with an election just around the corner. In addition, 502 00:24:11,600 --> 00:24:15,199 Speaker 1: look if if we gain two more seats in the 503 00:24:15,240 --> 00:24:17,960 Speaker 1: United States Senate, hold onto the numbers and gained two 504 00:24:17,960 --> 00:24:20,840 Speaker 1: more sets and ied State Senate. Our President Joe Biden 505 00:24:20,920 --> 00:24:22,960 Speaker 1: has said he will not let the filibuster get in 506 00:24:23,000 --> 00:24:26,120 Speaker 1: the way of signing into law the Women's Health Protection Act, 507 00:24:26,240 --> 00:24:31,199 Speaker 1: which would essentially reinstate the protections of Roe v. Wade. Again, 508 00:24:31,280 --> 00:24:34,520 Speaker 1: elections matter. If we gain two more Senate seats in 509 00:24:34,560 --> 00:24:38,560 Speaker 1: this upcoming election, we can undo these laws that have 510 00:24:38,720 --> 00:24:43,320 Speaker 1: been proposed and passed that would criminalize healthcare providers for 511 00:24:43,400 --> 00:24:47,719 Speaker 1: providing reproductive healthcare, that punish women for exercising the right 512 00:24:47,760 --> 00:24:50,040 Speaker 1: to make decisions about their own body instead of their 513 00:24:50,040 --> 00:24:52,720 Speaker 1: government telling them what to do. And the President has 514 00:24:52,720 --> 00:24:56,040 Speaker 1: said if we elect two more Senators and therefore I 515 00:24:56,080 --> 00:24:59,000 Speaker 1: have the numbers, he will be able to sign into 516 00:24:59,040 --> 00:25:02,480 Speaker 1: law the John Willis Voting Rights Advancement Act, which is 517 00:25:02,480 --> 00:25:07,560 Speaker 1: about reinstating protections around people's right to access the poll 518 00:25:07,720 --> 00:25:11,000 Speaker 1: and be able to issue their voice through their vote 519 00:25:11,040 --> 00:25:13,960 Speaker 1: about what they want from their government. So these are 520 00:25:14,080 --> 00:25:18,320 Speaker 1: very specific things that can happen. But again to your 521 00:25:18,359 --> 00:25:21,600 Speaker 1: point about the importance of democracy, and I will say 522 00:25:21,640 --> 00:25:24,520 Speaker 1: that the fragility of democracy, it will only be as 523 00:25:24,560 --> 00:25:28,520 Speaker 1: strong as our willingness as the people of this country, 524 00:25:28,520 --> 00:25:31,080 Speaker 1: as Americans, to fight for it. And one of the 525 00:25:31,080 --> 00:25:33,720 Speaker 1: ways we do that is by voting. Are you surprised. 526 00:25:33,760 --> 00:25:36,800 Speaker 1: I mean, I never thought I would see row overturned 527 00:25:36,800 --> 00:25:39,800 Speaker 1: in my lifetime. I didn't either, to be honest with you, 528 00:25:39,920 --> 00:25:42,840 Speaker 1: but it has happened. There's a saying from CREDITF. God 529 00:25:42,880 --> 00:25:45,240 Speaker 1: Ping which I paraphrase all the time, and I'm going 530 00:25:45,280 --> 00:25:48,719 Speaker 1: to do it now. He famously said the fight for 531 00:25:48,800 --> 00:25:52,200 Speaker 1: civil rights, which is the fight for equality and justice 532 00:25:52,280 --> 00:25:56,240 Speaker 1: and freedom, must be fought and one with each generation. 533 00:25:56,600 --> 00:25:59,280 Speaker 1: And I think there were two points he was making. 534 00:26:00,040 --> 00:26:02,560 Speaker 1: One and this is your point. It is the very 535 00:26:02,800 --> 00:26:06,879 Speaker 1: nature of it all that whatever games we make, they 536 00:26:06,920 --> 00:26:10,960 Speaker 1: will not be permanent. We cannot assume they will be permanent, 537 00:26:11,080 --> 00:26:14,040 Speaker 1: because the second point is it's given that it's not 538 00:26:14,160 --> 00:26:16,480 Speaker 1: the nature of it to be permanent unless and here's 539 00:26:16,520 --> 00:26:19,439 Speaker 1: the second point, we fight and we are vigilant to 540 00:26:19,520 --> 00:26:23,440 Speaker 1: maintain them. We can never sit back and just assume 541 00:26:23,640 --> 00:26:27,320 Speaker 1: that these rights that we have gained will be forever 542 00:26:27,400 --> 00:26:31,199 Speaker 1: intact if we are not willing every day to remain 543 00:26:31,359 --> 00:26:33,920 Speaker 1: vigilant and ensuring that they are attacked. I mean, look 544 00:26:33,960 --> 00:26:36,480 Speaker 1: at what happened in the Dotts position. In addition to 545 00:26:37,200 --> 00:26:39,640 Speaker 1: a woman being allowed to make decisions about her own 546 00:26:39,640 --> 00:26:42,640 Speaker 1: body and not her government. Clara Thomas of the quite 547 00:26:42,640 --> 00:26:45,720 Speaker 1: part out loud, they're looking at and at risk could 548 00:26:45,720 --> 00:26:48,479 Speaker 1: be right to contraception, which has been a right that 549 00:26:48,640 --> 00:26:51,760 Speaker 1: was long settled. He said, right to to marry the 550 00:26:51,800 --> 00:26:54,600 Speaker 1: person you love. Dave's next marriage. And when I was General, 551 00:26:54,640 --> 00:26:58,679 Speaker 1: I thought to ensure that people around our country can 552 00:26:58,760 --> 00:27:00,920 Speaker 1: marry the person they love and we can undo those 553 00:27:01,000 --> 00:27:04,159 Speaker 1: laws that prohibited it. And now Clarence Thomas said the 554 00:27:04,240 --> 00:27:06,400 Speaker 1: quiet part out law, which that might be at risk. 555 00:27:06,640 --> 00:27:11,400 Speaker 1: So here's the bottom line. Just know that we cannot 556 00:27:11,480 --> 00:27:16,919 Speaker 1: take anything for granted. We have to participate in our country. 557 00:27:17,280 --> 00:27:20,760 Speaker 1: Our country will only be as strong as our willingness 558 00:27:20,840 --> 00:27:23,680 Speaker 1: to do that. And I will tell you I travel 559 00:27:23,880 --> 00:27:27,080 Speaker 1: around the world, and as Vice President, I have met 560 00:27:27,080 --> 00:27:30,679 Speaker 1: a hundred world leaders in person or by phone, president's, 561 00:27:30,760 --> 00:27:34,280 Speaker 1: prime minister's, chancellor's king. One of the things we can 562 00:27:34,320 --> 00:27:36,479 Speaker 1: do is the United States of America is walk in 563 00:27:36,520 --> 00:27:40,560 Speaker 1: those rooms and talk about the importance of the strength 564 00:27:40,560 --> 00:27:44,240 Speaker 1: of democracy. And then we can talk about rule of law, 565 00:27:44,480 --> 00:27:47,640 Speaker 1: human rights, civil rights, and we can talk about why 566 00:27:47,720 --> 00:27:50,359 Speaker 1: that should be the gold standard for the world. But 567 00:27:50,440 --> 00:27:53,680 Speaker 1: here's the deal. As a role model of the democracy 568 00:27:54,040 --> 00:27:55,840 Speaker 1: and as a role model for any one of us. 569 00:27:55,920 --> 00:27:58,600 Speaker 1: We know when you're a role model means people watch 570 00:27:58,640 --> 00:28:00,359 Speaker 1: what you do to see if it matches to what 571 00:28:00,440 --> 00:28:04,480 Speaker 1: you say. People around the world are watching what's happening 572 00:28:04,480 --> 00:28:07,679 Speaker 1: in our country. And my fear is that autocrats and 573 00:28:07,760 --> 00:28:10,800 Speaker 1: dictators can point to what's happening right now and say 574 00:28:10,920 --> 00:28:14,040 Speaker 1: to their people, you want to talk about why I 575 00:28:14,040 --> 00:28:16,840 Speaker 1: should give you rights, why you're rights to be recognized. 576 00:28:17,040 --> 00:28:19,320 Speaker 1: You want to point to America as an example, We'll 577 00:28:19,320 --> 00:28:23,200 Speaker 1: look at what's happening in America, which means that things 578 00:28:23,240 --> 00:28:26,080 Speaker 1: that are happening now in our country have the very 579 00:28:26,200 --> 00:28:30,400 Speaker 1: real possibility of affecting people around the world. And so 580 00:28:30,640 --> 00:28:33,000 Speaker 1: I do believe I know who we are as a people, 581 00:28:33,320 --> 00:28:36,520 Speaker 1: and I do believe that we are willing to fight 582 00:28:36,880 --> 00:28:40,360 Speaker 1: that love of our country, for our country and its principles. 583 00:28:40,960 --> 00:28:45,280 Speaker 1: And I would say to everyone, listen here, standards can't 584 00:28:45,320 --> 00:28:48,160 Speaker 1: be h this is awful. I give up. I'm not 585 00:28:48,200 --> 00:28:52,160 Speaker 1: participating because that means you don't understand the nature of it. 586 00:28:52,480 --> 00:28:54,960 Speaker 1: The nature of it is, it will be awful. If 587 00:28:54,960 --> 00:28:59,440 Speaker 1: you don't participate. You have to. It's how It's how 588 00:28:59,480 --> 00:29:01,960 Speaker 1: we it's we do what we do. Thank you so 589 00:29:02,040 --> 00:29:05,840 Speaker 1: much for joining us. I'm really quite grateful and just 590 00:29:06,280 --> 00:29:08,920 Speaker 1: really appreciative. Well, I'm glad to do with you. It's 591 00:29:08,920 --> 00:29:11,680 Speaker 1: good to have this conversation. And thanks for your voice. 592 00:29:11,840 --> 00:29:16,080 Speaker 1: These are difficult conversations, but they're so important. Yeah, thank you. 593 00:29:16,960 --> 00:29:22,240 Speaker 1: Take care calculator. Andrew Ross Sorkin is a New York 594 00:29:22,280 --> 00:29:26,160 Speaker 1: Times columnist and co anchor of Squawk Box. Welcome to 595 00:29:26,240 --> 00:29:29,440 Speaker 1: Fast Politics. Andrew Ross Sorkin, thank you for having me. 596 00:29:29,640 --> 00:29:34,440 Speaker 1: Very excited. How excited are you? Very excited? Let's talk 597 00:29:34,440 --> 00:29:37,240 Speaker 1: about inflation. I feel like it is the number one 598 00:29:37,640 --> 00:29:43,960 Speaker 1: every political article centers on this question of inflation. I 599 00:29:44,000 --> 00:29:47,280 Speaker 1: still don't understand what is Republicans grand plan. I mean, 600 00:29:47,320 --> 00:29:51,920 Speaker 1: what can a political party do with inflation? Oh goodness, 601 00:29:51,960 --> 00:29:54,760 Speaker 1: well that's a that's a heady question. What can a 602 00:29:54,800 --> 00:29:58,440 Speaker 1: political party do? The answer is probably very little. The 603 00:29:58,440 --> 00:30:00,240 Speaker 1: truth is, I think you can probably do you some 604 00:30:00,280 --> 00:30:03,960 Speaker 1: stuff around the margins, and that's probably the best you're 605 00:30:03,960 --> 00:30:06,760 Speaker 1: gonna do. I think that the governor, if you will, 606 00:30:06,800 --> 00:30:09,880 Speaker 1: of the inflation story is going to ultimately be the 607 00:30:09,880 --> 00:30:12,320 Speaker 1: Federal Reserve. Of course, you know, by the way, the 608 00:30:12,320 --> 00:30:15,960 Speaker 1: Federal Reserve chair. I know we say they're independent actors, 609 00:30:16,000 --> 00:30:18,080 Speaker 1: and I would argue to some degree they are, but 610 00:30:18,160 --> 00:30:22,880 Speaker 1: they are appointed by politicians. So you know, I remember 611 00:30:22,960 --> 00:30:25,560 Speaker 1: doing the Obama administration. People would say, you know, the 612 00:30:25,560 --> 00:30:28,320 Speaker 1: economy was going great. They wouldn't give Obama credit. They'd say, oh, 613 00:30:28,360 --> 00:30:30,560 Speaker 1: it's Ben Bernanke. Well, you know Ben Bernanke would have 614 00:30:30,600 --> 00:30:33,640 Speaker 1: had that role in unless you know, Obama kept him 615 00:30:33,640 --> 00:30:36,000 Speaker 1: in that seat. So it's all a little complicated on 616 00:30:36,040 --> 00:30:38,600 Speaker 1: the On the I think the question you're talking about. 617 00:30:38,960 --> 00:30:42,080 Speaker 1: The biggest thing that you could actually do is when 618 00:30:42,120 --> 00:30:44,720 Speaker 1: you look at inflation today. There was all the supply 619 00:30:44,840 --> 00:30:47,280 Speaker 1: chain stuff we saw over the last two years as 620 00:30:47,280 --> 00:30:50,440 Speaker 1: a function of the pandemic, but the biggest, most insidious 621 00:30:50,480 --> 00:30:53,560 Speaker 1: element of it is actually wage inflation. And it's sort 622 00:30:53,600 --> 00:30:57,600 Speaker 1: of a very almost like an oxymoron or almost perverse 623 00:30:57,720 --> 00:31:00,640 Speaker 1: talk about because for so long we wanted our wages 624 00:31:01,000 --> 00:31:05,800 Speaker 1: and guess what we're now getting them. Higher wages help 625 00:31:05,880 --> 00:31:09,160 Speaker 1: working people, but they also drive inflation, is what you're saying. 626 00:31:09,400 --> 00:31:11,840 Speaker 1: Higher wages help working people, but they drive inflation. So 627 00:31:11,880 --> 00:31:15,040 Speaker 1: if therefore everything else costs more than your actual wages 628 00:31:15,080 --> 00:31:17,560 Speaker 1: are going up, you know, it looks good on paper, 629 00:31:17,600 --> 00:31:19,520 Speaker 1: but in reality, when you show up with the story, 630 00:31:19,520 --> 00:31:21,760 Speaker 1: it's not really working for you. And that's where we are. 631 00:31:21,880 --> 00:31:24,640 Speaker 1: So okay, what could you do? You could actually, and 632 00:31:24,720 --> 00:31:27,880 Speaker 1: this is the perversest part of it, you could lower wages, 633 00:31:28,240 --> 00:31:29,960 Speaker 1: right or I don't know if you can. At this point, 634 00:31:30,000 --> 00:31:32,080 Speaker 1: I don't think we're going backwards. It's not like wages 635 00:31:32,080 --> 00:31:34,960 Speaker 1: are gonna go down per se. But arguably they're not 636 00:31:35,000 --> 00:31:37,280 Speaker 1: going to go continue to go up, right, I mean, 637 00:31:37,280 --> 00:31:39,480 Speaker 1: that's what's the reality of what's going to happen. What 638 00:31:39,600 --> 00:31:41,479 Speaker 1: that really means is you're going to start to see 639 00:31:41,840 --> 00:31:44,560 Speaker 1: unemployment go up. And so there's a sort of political 640 00:31:44,640 --> 00:31:47,000 Speaker 1: perversion of it because here we are. You know, the 641 00:31:47,040 --> 00:31:50,440 Speaker 1: administration says we want to get inflation down. Well to 642 00:31:50,480 --> 00:31:53,400 Speaker 1: get inflation down, you want employment to go up. So 643 00:31:53,480 --> 00:31:56,560 Speaker 1: which headline sounds worse? Right, I mean that's that's sort 644 00:31:56,560 --> 00:31:59,240 Speaker 1: of that's not what which headline sound sources what is 645 00:31:59,280 --> 00:32:03,080 Speaker 1: actually work. You could argue inflation is actually worse, but 646 00:32:03,880 --> 00:32:06,240 Speaker 1: tell that to the people who don't have jobs. So 647 00:32:06,840 --> 00:32:10,200 Speaker 1: what happens now, I mean, we're going to have a 648 00:32:10,320 --> 00:32:13,040 Speaker 1: mid term It seems we don't really know how it's 649 00:32:13,040 --> 00:32:16,440 Speaker 1: going to go. There certainly is a lot of posturing. 650 00:32:16,600 --> 00:32:18,520 Speaker 1: I mean, if you were the chair of the Fed, 651 00:32:18,560 --> 00:32:20,840 Speaker 1: would you keep raising interest rates? I mean, what would 652 00:32:20,880 --> 00:32:23,960 Speaker 1: you do? This is a very strange moment because there's 653 00:32:23,960 --> 00:32:27,280 Speaker 1: a credibility issue for the Federal Reserve, which actually does matter, 654 00:32:27,560 --> 00:32:30,040 Speaker 1: and right now the Federal Reserve, I think, is on 655 00:32:30,120 --> 00:32:32,640 Speaker 1: thin ice with the investment community. And you could say, well, 656 00:32:32,640 --> 00:32:34,760 Speaker 1: why does the investment community really matter? Why should we 657 00:32:34,800 --> 00:32:39,360 Speaker 1: be listening to investors the bond vigilantes take a look 658 00:32:39,360 --> 00:32:41,840 Speaker 1: at what just happened across the pond. It's actually a 659 00:32:41,920 --> 00:32:45,120 Speaker 1: natural experiment. We're seeing it in real time, which is 660 00:32:45,160 --> 00:32:50,600 Speaker 1: in the UK, the bondholders, the investors actually effectively said 661 00:32:50,880 --> 00:32:53,040 Speaker 1: we don't like your politics, we don't like what you're 662 00:32:53,080 --> 00:32:55,360 Speaker 1: doing here, like this isn't gonna work, and guess what 663 00:32:55,400 --> 00:32:57,800 Speaker 1: they want. And so I think that you have to 664 00:32:58,000 --> 00:33:01,360 Speaker 1: be a little bit aware of of that element, which 665 00:33:01,440 --> 00:33:05,720 Speaker 1: is that the bond sort of investor class, in a 666 00:33:05,800 --> 00:33:10,480 Speaker 1: very strange way, has a remarkable grip over the United States. 667 00:33:10,560 --> 00:33:12,000 Speaker 1: By the way, if you think about who owned some 668 00:33:12,040 --> 00:33:17,000 Speaker 1: of those bonds, it's not just investors, it's governments, it's 669 00:33:17,040 --> 00:33:22,000 Speaker 1: it's China, it's countries, and that's why this is also interconnected, right. 670 00:33:22,040 --> 00:33:24,360 Speaker 1: I mean what happened in the UK, you know where 671 00:33:24,360 --> 00:33:29,560 Speaker 1: the markets cratered was I think a real kind of 672 00:33:29,600 --> 00:33:31,760 Speaker 1: I mean it's meant to sort of be a wake 673 00:33:31,840 --> 00:33:34,360 Speaker 1: up call to that could happen here, right. I hope 674 00:33:34,360 --> 00:33:36,520 Speaker 1: it doesn't happen here. But in the UK, if I 675 00:33:36,560 --> 00:33:39,960 Speaker 1: get my numbers right, they're running at like GDP in 676 00:33:40,080 --> 00:33:42,160 Speaker 1: terms of what they're paying. I think we're over that, 677 00:33:42,320 --> 00:33:45,560 Speaker 1: we're in like the hunter. We're maybe right now of GDP. 678 00:33:45,920 --> 00:33:48,719 Speaker 1: That's a problem, and it's a problem because at some 679 00:33:48,800 --> 00:33:51,560 Speaker 1: point there's gonna be a lack of confidence. At some point, 680 00:33:51,600 --> 00:33:53,560 Speaker 1: somebody's gonna say, you know what, these people aren't good 681 00:33:53,560 --> 00:33:55,480 Speaker 1: for the money. And it's not that, by the way, 682 00:33:55,600 --> 00:33:57,400 Speaker 1: that the government's got to be able to turn around 683 00:33:57,440 --> 00:33:59,160 Speaker 1: to pay off all the debt at one time. That's 684 00:33:59,160 --> 00:34:01,800 Speaker 1: never gonna happens. Not the issue. It's that there's a 685 00:34:01,800 --> 00:34:03,840 Speaker 1: path to pay it off, that there's that there's a 686 00:34:03,880 --> 00:34:06,880 Speaker 1: path that people believe in. Again, it's about confidence, and 687 00:34:06,920 --> 00:34:10,960 Speaker 1: so yes, if people look at whatever we're doing, if 688 00:34:11,000 --> 00:34:13,000 Speaker 1: we continue to spend money the way we're spending money. 689 00:34:13,080 --> 00:34:15,280 Speaker 1: If we continue to have the economic problems we're continuing 690 00:34:15,320 --> 00:34:17,400 Speaker 1: to have, at some point someone's going to say this 691 00:34:17,440 --> 00:34:20,240 Speaker 1: doesn't work anymore. Is this like the death of modern 692 00:34:20,320 --> 00:34:23,680 Speaker 1: monetary theory? I never really understood m m T to 693 00:34:23,719 --> 00:34:26,440 Speaker 1: begin with. Well, that's good, because neither did I. I'm 694 00:34:26,520 --> 00:34:29,120 Speaker 1: kind of the wrong person to ask. I didn't understand 695 00:34:29,160 --> 00:34:31,040 Speaker 1: that theory. I didn't really think it was. I mean, 696 00:34:31,040 --> 00:34:32,799 Speaker 1: I guess it was a theory. It was theoretical, and 697 00:34:32,840 --> 00:34:34,640 Speaker 1: that was about all it was. But I mean it 698 00:34:34,719 --> 00:34:37,080 Speaker 1: definitely shows. I mean, some of why we're in this 699 00:34:37,160 --> 00:34:41,919 Speaker 1: inflation is because of trump bonomics, right, keep rates low, 700 00:34:42,520 --> 00:34:45,400 Speaker 1: will the markets are doing well, to pump up the 701 00:34:45,400 --> 00:34:48,040 Speaker 1: stock market. I mean, there's a number of reasons we're here, 702 00:34:48,080 --> 00:34:50,799 Speaker 1: and you could say that the stimulus. I mean there 703 00:34:50,800 --> 00:34:53,520 Speaker 1: are many many factors, but all of them include printing 704 00:34:53,520 --> 00:34:56,840 Speaker 1: more money. We have been printing money and living beyond 705 00:34:56,880 --> 00:35:00,560 Speaker 1: our means for basically most of my life. Ton I'm 706 00:35:00,600 --> 00:35:03,560 Speaker 1: forty five years old, and so you know, we could 707 00:35:03,560 --> 00:35:07,120 Speaker 1: play Trump anovics, you could blame Obama namics. You can 708 00:35:07,200 --> 00:35:12,480 Speaker 1: play bushonomics, reagan ornomics. You can go pretty far back 709 00:35:12,880 --> 00:35:16,200 Speaker 1: to a point where we sort of became disconnected with 710 00:35:16,280 --> 00:35:18,080 Speaker 1: the reality that was on the ground of what our 711 00:35:18,120 --> 00:35:20,840 Speaker 1: actual economy was, and we've been juicing it ever since. 712 00:35:21,239 --> 00:35:25,040 Speaker 1: So does this mean that we will I mean, are 713 00:35:25,080 --> 00:35:29,319 Speaker 1: we headed towards a two thousand eight kind of that 714 00:35:29,560 --> 00:35:32,799 Speaker 1: sort of I mean bleak kind of every day like, 715 00:35:32,920 --> 00:35:34,799 Speaker 1: you know, there would be a sort of sense like 716 00:35:35,239 --> 00:35:37,239 Speaker 1: maybe the banks won't have money. I mean, do you 717 00:35:37,239 --> 00:35:40,319 Speaker 1: think we're heading towards that? I'm less inclined to think 718 00:35:40,360 --> 00:35:43,960 Speaker 1: that that's the case and more inclined to think that. 719 00:35:44,320 --> 00:35:46,960 Speaker 1: Look to me, I think this goes one of two ways. 720 00:35:47,400 --> 00:35:51,040 Speaker 1: Either the world sort of gets its act together. We 721 00:35:51,120 --> 00:35:53,319 Speaker 1: get some real political leadership, which is sort of hard 722 00:35:53,360 --> 00:35:56,120 Speaker 1: to believe. I don't really know what would would make 723 00:35:56,160 --> 00:35:59,520 Speaker 1: that actually happen, But if it were to happen, I 724 00:35:59,560 --> 00:36:01,839 Speaker 1: think this would be a two or three year kind 725 00:36:01,840 --> 00:36:04,879 Speaker 1: of situation. And you know, David Solomon was to see 726 00:36:04,880 --> 00:36:08,360 Speaker 1: of Goldman. Sachs often tells the story of how, you know, basically, 727 00:36:08,360 --> 00:36:12,440 Speaker 1: since I think basically since two over the last call 728 00:36:12,520 --> 00:36:16,920 Speaker 1: it forty plus years, you know, the stock market, the economy, 729 00:36:17,000 --> 00:36:19,480 Speaker 1: everything has been sort of up into the right. There 730 00:36:19,520 --> 00:36:22,399 Speaker 1: have been these moments, these blips that have lasted twelve months, 731 00:36:22,400 --> 00:36:24,680 Speaker 1: eighteen months, twenty four months, where if you held your 732 00:36:24,680 --> 00:36:27,360 Speaker 1: breath or you close your eyes and then you opened 733 00:36:27,400 --> 00:36:29,920 Speaker 1: your eyes up two years later like things were better. 734 00:36:30,080 --> 00:36:32,520 Speaker 1: The question is whether that's going to happen in this instance, 735 00:36:32,760 --> 00:36:34,719 Speaker 1: or whether it's gonna look a lot more like what 736 00:36:34,719 --> 00:36:38,200 Speaker 1: happened between nineteen seventy nine two, which is to say 737 00:36:38,280 --> 00:36:40,560 Speaker 1: that if you had a dollar in the stock market, 738 00:36:41,440 --> 00:36:43,319 Speaker 1: you did not have a dollar in nineteen eight you 739 00:36:43,360 --> 00:36:45,879 Speaker 1: had less you did, And I think we forget that, 740 00:36:46,040 --> 00:36:48,359 Speaker 1: and I think that is I mean, if you want 741 00:36:48,360 --> 00:36:51,440 Speaker 1: to be a warrior, that's the thing to worry about. 742 00:36:52,440 --> 00:36:56,440 Speaker 1: And people like Larry Sommers has talked about two things actually, 743 00:36:56,480 --> 00:36:58,080 Speaker 1: and by the way, he's been right about at least 744 00:36:58,120 --> 00:36:59,520 Speaker 1: one part of it. We'll see whether he's right about 745 00:36:59,520 --> 00:37:01,840 Speaker 1: the second part. The first part is he's been arguing 746 00:37:01,880 --> 00:37:04,000 Speaker 1: obviously that inflations is run away and you have to 747 00:37:04,000 --> 00:37:05,879 Speaker 1: take control of it, and he would argue for higher, 748 00:37:07,000 --> 00:37:10,239 Speaker 1: higher rates. The second part is that he has been 749 00:37:10,320 --> 00:37:13,680 Speaker 1: speculating more recently about this idea of secular stagnation and 750 00:37:13,680 --> 00:37:15,920 Speaker 1: that and that that we get into this sort of 751 00:37:15,960 --> 00:37:20,480 Speaker 1: stagnation period and that to me is also a pretty 752 00:37:20,520 --> 00:37:24,839 Speaker 1: scary period. Yeah, I was about to ask you about stagnation. 753 00:37:24,960 --> 00:37:27,799 Speaker 1: We stagflation, stagflation, I should say, it's not that Well, 754 00:37:27,920 --> 00:37:31,200 Speaker 1: what stagnation is a form of stagflation. Yes, we'll explain 755 00:37:31,280 --> 00:37:34,839 Speaker 1: to our listeners what stagflation is and why it's so 756 00:37:34,920 --> 00:37:40,920 Speaker 1: fucking bad. I'm now reading from the Oxford Language Dictionary. 757 00:37:41,040 --> 00:37:48,719 Speaker 1: Stagflation excellent. Persistent high inflation combined with high unemployment and 758 00:37:48,960 --> 00:37:53,839 Speaker 1: stagnant demand in a country's economy. Now, just to put 759 00:37:53,840 --> 00:37:56,200 Speaker 1: that in context, it is possible for inflation in this 760 00:37:56,239 --> 00:37:58,080 Speaker 1: case to come down but to still be higher than 761 00:37:58,520 --> 00:38:01,799 Speaker 1: you'd want on a relative basis to where you're at 762 00:38:01,800 --> 00:38:04,360 Speaker 1: the same time, how high unemployment or not even high unmployed, 763 00:38:04,400 --> 00:38:07,200 Speaker 1: but just more unemployment. And you have an economy that 764 00:38:07,360 --> 00:38:10,360 Speaker 1: is not growing right right now in the States, we 765 00:38:10,440 --> 00:38:13,960 Speaker 1: have high inflation, but we have very good job numbers 766 00:38:14,400 --> 00:38:17,640 Speaker 1: bingo right now. And that's why we all debate are 767 00:38:17,640 --> 00:38:20,400 Speaker 1: we in a recession? Is? How do you describe your recession? 768 00:38:20,560 --> 00:38:23,320 Speaker 1: What's the technical term? This or that? That's why everyone 769 00:38:23,320 --> 00:38:25,680 Speaker 1: looks at now says are we It feels like a recession. 770 00:38:25,680 --> 00:38:27,600 Speaker 1: It looks like a recession. But is it a recession? Well, 771 00:38:27,600 --> 00:38:30,120 Speaker 1: it may not be because we're these sort of unique 772 00:38:30,600 --> 00:38:33,920 Speaker 1: data points around employment for the most part that feel different. 773 00:38:33,960 --> 00:38:36,080 Speaker 1: So people say, maybe we're not in a recession. However, 774 00:38:36,600 --> 00:38:39,480 Speaker 1: all that could shift. We'll see. We won't know if 775 00:38:39,520 --> 00:38:43,920 Speaker 1: we're in a recession until we're already in it. Look, technically, 776 00:38:44,360 --> 00:38:46,480 Speaker 1: we're not in a recession until what's the name of 777 00:38:46,480 --> 00:38:49,960 Speaker 1: the group, the National Bureau of Economic Research will define 778 00:38:50,200 --> 00:38:54,520 Speaker 1: the recession. They are the sort of arbiters of what 779 00:38:54,680 --> 00:38:57,200 Speaker 1: is an actual recession, and they won't, you know, usually 780 00:38:57,239 --> 00:38:59,200 Speaker 1: show their hand for a while, and it'll be interesting 781 00:38:59,200 --> 00:39:01,640 Speaker 1: to see how they describe it when they do, right, 782 00:39:01,840 --> 00:39:04,680 Speaker 1: and we won't know. But the larger question I think 783 00:39:04,960 --> 00:39:08,279 Speaker 1: is if you were Democrats. We don't know how this 784 00:39:08,360 --> 00:39:09,880 Speaker 1: is going to play out, But what would you do 785 00:39:09,920 --> 00:39:12,520 Speaker 1: if you were President Biden to sort of figure out 786 00:39:12,560 --> 00:39:15,680 Speaker 1: a way to stop inflation? I mean, there's just not 787 00:39:15,760 --> 00:39:18,680 Speaker 1: so much a president can do. Right, Well, you could 788 00:39:18,719 --> 00:39:22,600 Speaker 1: deal with this third rail issue known as immigration. That 789 00:39:22,719 --> 00:39:25,160 Speaker 1: actually is something you could do because that would create 790 00:39:25,200 --> 00:39:28,440 Speaker 1: more labor, create more labor exactly, and that would probably 791 00:39:28,440 --> 00:39:33,160 Speaker 1: put pressure on the wages, increasing wages absolutely I mean, 792 00:39:33,800 --> 00:39:36,080 Speaker 1: you know that that would be something that you could 793 00:39:36,120 --> 00:39:38,960 Speaker 1: deal with. You could deal with certain tariffs that might 794 00:39:39,120 --> 00:39:41,439 Speaker 1: take some pressure off at least in the short term. 795 00:39:41,719 --> 00:39:43,839 Speaker 1: As I said, there are things that can be done. 796 00:39:43,880 --> 00:39:45,759 Speaker 1: But again it's I think it's all. It's all for 797 00:39:45,840 --> 00:39:48,080 Speaker 1: the most part on the margins. It depends on how 798 00:39:48,400 --> 00:39:50,279 Speaker 1: big you go. We saw what happened to UK. You 799 00:39:50,320 --> 00:39:52,440 Speaker 1: can't sort of decide you're going with like a Thatcher 800 00:39:52,560 --> 00:39:55,600 Speaker 1: like approach or Reagan like approach and lowering taxes that 801 00:39:56,000 --> 00:40:00,279 Speaker 1: actually just creates more demand inflation because it's exactly more 802 00:40:00,320 --> 00:40:03,840 Speaker 1: money goes into the economy. So now we tend to think, 803 00:40:03,960 --> 00:40:06,799 Speaker 1: at least I I'm not gonna try to make you 804 00:40:06,960 --> 00:40:09,680 Speaker 1: say something partisan, which is one of my favorite things 805 00:40:09,680 --> 00:40:11,960 Speaker 1: to do to people on this podcast. I tend to 806 00:40:11,960 --> 00:40:15,520 Speaker 1: think of Republicans as being when Trump was. When he 807 00:40:15,600 --> 00:40:17,600 Speaker 1: was in office, pretty much the only thing he passed 808 00:40:17,640 --> 00:40:20,480 Speaker 1: was an enormous tax cut for wealthy people, which was 809 00:40:20,560 --> 00:40:25,080 Speaker 1: what ended Liz Tases brief Prime ministership. We're seeing that 810 00:40:25,080 --> 00:40:28,040 Speaker 1: that is really not a thing that the markets like, 811 00:40:28,480 --> 00:40:30,520 Speaker 1: I think, but the markets don't like, and I think 812 00:40:30,560 --> 00:40:33,479 Speaker 1: we should be clear about this. Is the markets don't 813 00:40:33,680 --> 00:40:39,160 Speaker 1: like when governments put together budget proposals, whether it's how 814 00:40:39,200 --> 00:40:41,200 Speaker 1: you're taxing people at what level or this it's not 815 00:40:41,360 --> 00:40:44,280 Speaker 1: something they don't want you to tax people higher or lower. 816 00:40:44,320 --> 00:40:46,000 Speaker 1: That's not what they like. They just want to know 817 00:40:46,080 --> 00:40:48,239 Speaker 1: that the thing works, meaning that there's gonna be enough 818 00:40:48,520 --> 00:40:50,719 Speaker 1: revenue coming in to pay for the costs. That's what 819 00:40:50,920 --> 00:40:53,480 Speaker 1: that's the issue in some cases, as we all saw 820 00:40:53,600 --> 00:40:57,400 Speaker 1: actually during the Trump administration early on, the market actually 821 00:40:57,480 --> 00:41:00,640 Speaker 1: very much liked lower taxes the market and freak out. 822 00:41:00,640 --> 00:41:03,600 Speaker 1: In fact, the market rewarded. Yeah, I want to like 823 00:41:03,840 --> 00:41:06,560 Speaker 1: get into this idea of currency because all of these 824 00:41:06,600 --> 00:41:11,839 Speaker 1: economies are interconnected. And while we have problematic inflation eight nine, 825 00:41:12,520 --> 00:41:14,600 Speaker 1: there are a lot of countries around the world that 826 00:41:14,640 --> 00:41:18,439 Speaker 1: have much larger inflation. Life is relative, I mean, that's 827 00:41:18,440 --> 00:41:20,800 Speaker 1: the other I mean, but it's very hard to tell somebody, 828 00:41:20,880 --> 00:41:23,320 Speaker 1: especially somebody who who lives in the United States, that oh, 829 00:41:23,400 --> 00:41:27,280 Speaker 1: you know, we suck worse or we suck less, or less, 830 00:41:27,600 --> 00:41:30,680 Speaker 1: we suck less. I remember having uh do you interview 831 00:41:30,680 --> 00:41:32,560 Speaker 1: with Barney Frank and he said, you can never you 832 00:41:32,600 --> 00:41:34,560 Speaker 1: can never put a bumper sticker that says, you know, 833 00:41:34,640 --> 00:41:37,200 Speaker 1: I suck less vote for me. It's just it doesn't 834 00:41:37,200 --> 00:41:40,319 Speaker 1: it doesn't work. It doesn't work. And so yes, if 835 00:41:40,320 --> 00:41:43,439 Speaker 1: you're a factual human being, you look around and you say, actually, 836 00:41:43,480 --> 00:41:45,279 Speaker 1: we're doing a lot better than everybody else. That's great. 837 00:41:45,520 --> 00:41:47,879 Speaker 1: And then people say, well, but you know, I don't 838 00:41:47,880 --> 00:41:50,520 Speaker 1: see it. So what are you talking about? Why is 839 00:41:50,560 --> 00:41:55,080 Speaker 1: it much worse? I mean, uk Brexit, they sanctioned themselves, 840 00:41:55,160 --> 00:41:58,040 Speaker 1: they made it much harder to trade. But what about 841 00:41:58,040 --> 00:42:01,440 Speaker 1: other countries? Why is it so much worse? And other countries, Well, 842 00:42:01,520 --> 00:42:04,440 Speaker 1: let's be honest. This the situation Ukraine is having a 843 00:42:04,560 --> 00:42:08,400 Speaker 1: real impact on energy costs in Europe, and that's a big, 844 00:42:08,440 --> 00:42:11,680 Speaker 1: big issue. I think the slowdown in China in terms 845 00:42:11,719 --> 00:42:15,759 Speaker 1: of what that economy has experienced is real. Their COVID policy, 846 00:42:15,840 --> 00:42:18,600 Speaker 1: which has basically restricted so many people, has changed the 847 00:42:18,640 --> 00:42:22,000 Speaker 1: dynamic of that economy, hopefully not forever, but at least temporarily. 848 00:42:22,080 --> 00:42:25,600 Speaker 1: So there's a lot of extraneous things that are happening here. Plus, 849 00:42:25,680 --> 00:42:28,560 Speaker 1: I think going into this crisis or into this pandemic, 850 00:42:28,760 --> 00:42:31,200 Speaker 1: the US was actually in a very strong place, so 851 00:42:31,400 --> 00:42:33,160 Speaker 1: we had a lot we were falling from a different 852 00:42:33,239 --> 00:42:36,600 Speaker 1: position as opposed to other countries. So now, I mean, 853 00:42:36,640 --> 00:42:38,799 Speaker 1: you can't fall off the floor, right, that's sort of 854 00:42:38,800 --> 00:42:42,319 Speaker 1: the issue, right do you think now? You do you 855 00:42:42,320 --> 00:42:44,600 Speaker 1: think inflation will drive a lot of the vote. It's 856 00:42:44,640 --> 00:42:47,759 Speaker 1: hard to know because we talked about inflation. It's talked 857 00:42:47,760 --> 00:42:50,960 Speaker 1: about obviously on television every day. It's in the headlines 858 00:42:51,000 --> 00:42:53,759 Speaker 1: all the time, and you feel it if you go 859 00:42:53,800 --> 00:42:56,320 Speaker 1: to shop right right, like you see it in the aisle, 860 00:42:56,719 --> 00:42:59,480 Speaker 1: the good news in some ways. You know, for a 861 00:42:59,520 --> 00:43:02,160 Speaker 1: long time, I'm used to say that you go to 862 00:43:02,200 --> 00:43:03,640 Speaker 1: a gas station, it was like there was like a 863 00:43:03,680 --> 00:43:07,080 Speaker 1: billboard up there on every every you know, on the highway, 864 00:43:07,080 --> 00:43:09,520 Speaker 1: it was like this, you could see the inflation just 865 00:43:09,600 --> 00:43:14,000 Speaker 1: running away. That's come down. So I think that billboards 866 00:43:14,040 --> 00:43:16,960 Speaker 1: a little bit less taking up mind share. I don't know. 867 00:43:17,120 --> 00:43:18,840 Speaker 1: I mean people always vote with their wallet, and the 868 00:43:18,920 --> 00:43:21,800 Speaker 1: question is, you know, what are they actually feeling and seeing, 869 00:43:21,880 --> 00:43:24,880 Speaker 1: and then what are people telling them to feel and see. Interestingly, 870 00:43:24,920 --> 00:43:27,359 Speaker 1: I think during the Obama administration for a very long time, 871 00:43:27,680 --> 00:43:30,080 Speaker 1: you know, the economy is actually doing much better than 872 00:43:30,120 --> 00:43:32,600 Speaker 1: people seem to believe it was. So that's the other component. 873 00:43:32,680 --> 00:43:34,879 Speaker 1: It's like it's not just what you actually feel, it's 874 00:43:34,880 --> 00:43:37,520 Speaker 1: what you like, think you feel right, and that is 875 00:43:37,640 --> 00:43:42,440 Speaker 1: ultimately a big democratic messaging problem, right, Oh, I think 876 00:43:42,440 --> 00:43:44,439 Speaker 1: it's a for the for the Democrats, it's a huge 877 00:43:44,440 --> 00:43:47,799 Speaker 1: messaging problem. If you look at polling, people were polled 878 00:43:47,840 --> 00:43:50,799 Speaker 1: will say Democrats are better on this, this and this, 879 00:43:50,920 --> 00:43:54,000 Speaker 1: and Republicans are better on the economy. So we if 880 00:43:54,000 --> 00:43:56,760 Speaker 1: you look back on all these different presidents, you've seen 881 00:43:56,800 --> 00:44:01,239 Speaker 1: that Republicans tend to increase the dad and Democrats tend 882 00:44:01,320 --> 00:44:04,520 Speaker 1: to be, you know, a little bit more conservative, not always, 883 00:44:04,600 --> 00:44:07,960 Speaker 1: but with the debt, wouldn't that run contrary? It's funny. 884 00:44:08,000 --> 00:44:10,080 Speaker 1: I look, I've seen the same numbers you have in 885 00:44:10,160 --> 00:44:12,279 Speaker 1: over the last forty years, if you were to look 886 00:44:12,440 --> 00:44:17,040 Speaker 1: at most Republican presidencies versus Democratic presidencies. The truth is 887 00:44:17,080 --> 00:44:19,680 Speaker 1: that the economy and the questions are you measuring the economy, 888 00:44:19,680 --> 00:44:21,520 Speaker 1: you measure the stock market, but for the most part 889 00:44:21,719 --> 00:44:25,000 Speaker 1: has done better under Democrats. That has been the truth 890 00:44:25,000 --> 00:44:27,040 Speaker 1: of the matter. But at the same time, I think 891 00:44:27,040 --> 00:44:29,520 Speaker 1: there's other issues at play. Some of it's about regulation 892 00:44:29,600 --> 00:44:31,759 Speaker 1: in certain instances, and then I think you're starting to 893 00:44:31,800 --> 00:44:34,760 Speaker 1: see what happened. I mean, I think this last round 894 00:44:34,760 --> 00:44:37,399 Speaker 1: of stimulus and I'm not talking about the Inflation Production Act, 895 00:44:37,400 --> 00:44:39,759 Speaker 1: though I'm sure people could debate that, But I think 896 00:44:39,760 --> 00:44:42,120 Speaker 1: that people look at sort of how the pandemic played 897 00:44:42,120 --> 00:44:45,280 Speaker 1: out and how much of that money came into effect 898 00:44:45,520 --> 00:44:48,560 Speaker 1: and frankly, how much it was was misspent, and that 899 00:44:48,560 --> 00:44:50,799 Speaker 1: creates a sort of sense of frustration. By the way, 900 00:44:51,040 --> 00:44:54,360 Speaker 1: true of what happened under the Trump administration, also true 901 00:44:54,520 --> 00:44:57,320 Speaker 1: of what happened under the Biden administration. The only distinction 902 00:44:57,600 --> 00:44:59,759 Speaker 1: that you you could make, and maybe you're gonna say 903 00:45:00,120 --> 00:45:03,000 Speaker 1: I'm sounding sympathetic to the Trump administration this instances. In 904 00:45:03,040 --> 00:45:05,680 Speaker 1: the beginning, nobody knew what was actually happening, and nobody 905 00:45:05,719 --> 00:45:07,439 Speaker 1: knew how long this was going on. You know, later 906 00:45:07,480 --> 00:45:08,880 Speaker 1: on we had a better sense of it, and we 907 00:45:08,920 --> 00:45:11,839 Speaker 1: still kept spending that money. And I think there's there's 908 00:45:11,880 --> 00:45:13,480 Speaker 1: a there's a fair debate at least to be had 909 00:45:13,480 --> 00:45:17,960 Speaker 1: about all that. Andrew Ross Sorkin so interesting, Thank you 910 00:45:18,160 --> 00:45:20,520 Speaker 1: so much. I'm so glad we got to talk about 911 00:45:20,520 --> 00:45:23,239 Speaker 1: this sort of micro macro. Thank you for having me. 912 00:45:23,360 --> 00:45:34,080 Speaker 1: I just want to talk more about Kanye Molly, John Fast, 913 00:45:34,400 --> 00:45:39,800 Speaker 1: Jesse Cannon, that Vetterman debate, Doctor oz He really um, 914 00:45:39,840 --> 00:45:41,720 Speaker 1: I feel like he said a saying we'll be hearing 915 00:45:41,760 --> 00:45:44,799 Speaker 1: for years to come. Doctor Oz believes abortion should be 916 00:45:44,800 --> 00:45:50,440 Speaker 1: between a woman, her doctors, and local politicians. I want women, doctors, 917 00:45:50,560 --> 00:45:54,120 Speaker 1: local political leaders, letting the democracy that's always allowed our 918 00:45:54,200 --> 00:45:56,719 Speaker 1: nation to thrive, to put the best ideas forward so 919 00:45:56,719 --> 00:46:01,160 Speaker 1: states can decide for themselves. Mr Eights Rights. You know 920 00:46:01,239 --> 00:46:04,600 Speaker 1: those memes like where it's like, aren't you forgetting to 921 00:46:04,640 --> 00:46:08,680 Speaker 1: ask somebody you like? This is gonna be a thing 922 00:46:08,800 --> 00:46:11,399 Speaker 1: people make fun of for years to come. No one 923 00:46:11,520 --> 00:46:16,480 Speaker 1: better on your body than a local Republican elected You 924 00:46:16,520 --> 00:46:18,319 Speaker 1: know what I keep thinking, Remember what everybody was saying, 925 00:46:18,320 --> 00:46:21,319 Speaker 1: his kid paid staff first, must hate him. I really 926 00:46:21,360 --> 00:46:23,640 Speaker 1: feel like every time he showed himself in public, he 927 00:46:23,760 --> 00:46:27,560 Speaker 1: showed that it's probably him making these bad decisions, and 928 00:46:27,600 --> 00:46:29,720 Speaker 1: they're just not able to save him from it. Because 929 00:46:29,880 --> 00:46:32,320 Speaker 1: this guy sucks up every time he's on the camera. 930 00:46:32,640 --> 00:46:36,160 Speaker 1: I would just say, I don't I don't want local 931 00:46:36,239 --> 00:46:40,879 Speaker 1: Republican politicians deciding what happens in my UDREUS sounds like 932 00:46:41,160 --> 00:46:44,200 Speaker 1: a wise, wise thing to want, And I think for 933 00:46:44,320 --> 00:46:50,719 Speaker 1: that local Republican politician, Dr Oz has our moment of fun. 934 00:46:50,920 --> 00:46:55,360 Speaker 1: Ray that's it for this episode of Fast Politics. Tune 935 00:46:55,360 --> 00:46:58,360 Speaker 1: in every Monday, Wednesday, and Friday to hear the best 936 00:46:58,440 --> 00:47:01,880 Speaker 1: minds in politics makes sense of all this chaos. If 937 00:47:01,920 --> 00:47:04,440 Speaker 1: you enjoyed what you've heard, please send it to a 938 00:47:04,520 --> 00:47:12,160 Speaker 1: friend and keep the conversation going. And again, thanks for listening. MH.