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Speaker 2: Join Now by Kayley Lines. Sean Fain didn't wait announced
Speaker 2: it shortly after ten that they're expanding strikes against GM
Speaker 2: and Stalantis. Ford must be feeling sort of proud today
Speaker 2: although they're still striking Ford, just not expanding the strike
Speaker 2: raist for just.
Speaker 3: Status quo for Ford because some progress and talks has
Speaker 3: been made there where it hasn't been made in GM
Speaker 3: and Stalantis's case, which is why you're seeing this expansion.
Speaker 3: And we're starting to get some headlines from the automakers themselves.
Speaker 3: In response to this show. The GM just put out
Speaker 3: a statement, it seems, saying UAW leadership is manipulating the
Speaker 3: bargaining process, that the strike escalation by leadership is unnecessary,
Speaker 3: though GM says they will continue to bargain with the
Speaker 3: union to reach a pack. Then Stalantis sends in an
Speaker 3: emailed statement they still not have received a response to
Speaker 3: yesterday's office today.
Speaker 2: Say right, that was the one that they said was
Speaker 2: no go or not good enough for something. But we
Speaker 2: don't know what was in the offer, correct, We.
Speaker 3: Know that wasn't. What wasn't in the offer was the
Speaker 3: job security components that the union was looking for, evidently
Speaker 3: because with Stalantis's case, there's risks that a number of
Speaker 3: facilities are going to shut down and that security for
Speaker 3: those workers that could be affected as something that they're
Speaker 3: looking for. In the meantime, though, Joe, we got another
Speaker 3: what fifty six hundred workers on strike in the addition,
Speaker 3: in addition to the thirteen thousand.
Speaker 2: That already wre Sean Fain talked about it, the director
Speaker 2: of course of the UAW in a Facebook live here's
Speaker 2: a taste.
Speaker 4: We're expecting to stand up strike in response to the
Speaker 4: lack of progress in bargaining with General Motors and Stalanis.
Speaker 4: We will shut down parts distribution until those two companies
Speaker 4: come to their senses and come to the table with
Speaker 4: a serious offer. The members who will join the stand
Speaker 4: up strike today are living testament to one of the
Speaker 4: injusticees we are fighting again stood to big three tiers.
Speaker 2: Not getting easier here as we go, and based on
Speaker 2: what you just said from GM, this could actually get
Speaker 2: a lot more dicey over the weekend if they're going
Speaker 2: to start with this tit for tat here. Keith Naughton's
Speaker 2: been all over this. Bloomberg Auto reporter joins us now
Speaker 2: with the latest from Detroit. Keith, I don't know if
Speaker 2: you saw this coming here, that GM and Stilantis would
Speaker 2: be the ones to take the brunt of the expanded strikes.
Speaker 2: I know Bloomberg was reporting earlier this morning that Ford
Speaker 2: might be onto something. Could we be in a world
Speaker 2: where they actually strike a contract deal, a tentative deal
Speaker 2: with Ford while they continue striking the other two?
Speaker 5: Yeah, I mean it looks like Ford is making, as
Speaker 5: the union said, real progress here. One analyst is predicting
Speaker 5: there could be a settlement at Ford as early as
Speaker 5: next week. The question is will the Ford deal set
Speaker 5: the pattern for the other two or will GM Atlantis
Speaker 5: kind of dig in their heels. Ford has given significant
Speaker 5: concessions that Wall Street seems to be in favor of
Speaker 5: the stock sword today, while GM and Stalantis did not.
Speaker 5: It includes giving back cost of living adjustments that were
Speaker 5: taken away in two thousand and nine, making temporary workers
Speaker 5: immediately full time. There are a number of sort of
Speaker 5: good gets for the union in the Ford negotiations that
Speaker 5: they would like to see come from GM and Stalantis
Speaker 5: as well.
Speaker 3: A new headline just out from Stalantis said they offered
Speaker 3: all full time hourly staff eighty thousand to ninety six
Speaker 3: thousand dollars by contracts, and I guess Joe that that
Speaker 3: is referring to the offer they made yesterday that was
Speaker 3: not responded to. In the case of both Stalantis and GM,
Speaker 3: though Keith It's parts distributors that this strike is now
Speaker 3: expanding to all of them, thirty eight facilities in total,
Speaker 3: I believe, across twenty states. Can you talk about why
Speaker 3: these facilities are important and what not having workers there
Speaker 3: is going to mean for these two automakers.
Speaker 6: Yeah.
Speaker 5: So with this action, the UW is literally taking the
Speaker 5: strike to the streets because what this will do is
Speaker 5: interrupt the parts flow that go to dealers for car repairs.
Speaker 7: So if you take your car.
Speaker 5: In for a repair, the part may not be there
Speaker 5: and then you can't drive your car. So this will
Speaker 5: really test that public support that has weighed very heavily
Speaker 5: in favor of the union, because this is now going
Speaker 5: to inconvenience drivers throughout the country and dealers.
Speaker 2: Keith, we don't have a sense of what the next
Speaker 2: deadline might be, do we.
Speaker 5: They haven't set another line at the stand yet since
Speaker 5: they just crossed today's line. But you know, the question
Speaker 5: now becomes, can this progress at Ford and the fact
Speaker 5: that Ford was kind of rewarded for it by not
Speaker 5: having their strike widened me on the one planned, Can
Speaker 5: that serve as an incentive? It's a carrot and stick
Speaker 5: approach that the union is using here. Can that serve
Speaker 5: as an incentive to get GM and STILLANTIS to come
Speaker 5: along with what Ford has offered? That's the whole basis
Speaker 5: of this bargaining strategy. The UAW is trying to pit
Speaker 5: one company against the other to get the best deal.
Speaker 2: It's fascinating, Keith. Thank you, great reporting. Keith not and
Speaker 2: Bloomberg Auto Reporter with us again on Bloomberg Sound On.
Speaker 2: I look forward to our next conversation. I'm pretty sure
Speaker 2: we're going to have it as we had. The voice
Speaker 2: now of Arthur Wheaton, the director of Labor Studies at
Speaker 2: the Cornell School of Industrial and Labor Relations. Arthur's good
Speaker 2: to have you back on Bloomberg. We've had some pretty
Speaker 2: important developments here just over the last few hours. What
Speaker 2: do they tell you about the state of affairs here
Speaker 2: in these negotiations. Keith says, it's pitting automaker against automaker.
Speaker 8: Yeah, and it's using a strategy that the automakers have
Speaker 8: used against the union for years, the terms called whip sign.
Speaker 8: So you try to for decades, General Motors would try
Speaker 8: to pit one plant against another. If you give us
Speaker 8: a concession here, we'll give you more work.
Speaker 6: Now.
Speaker 8: Sean Fain in the UAW is pitting one automaker against
Speaker 8: the other automaker, saying the first one to get a
Speaker 8: decent deal doesn't get a strike, and it's helping them
Speaker 8: in terms of their strike fund because they're only paying
Speaker 8: for less than twenty thousand UAW members out on strike.
Speaker 8: Yet it's impacting severely both Stalantis and General Motors and
Speaker 8: their dealerships, especially without draining their strike fund as quickly
Speaker 8: as it could be.
Speaker 3: So definitely some very strategic thinking at play here on
Speaker 3: the part of Sean Faine and UAW leadership. I guess
Speaker 3: the question becomes if they are prepared to just not
Speaker 3: budget all on their demands. That seems to be what's
Speaker 3: happening here is that the automakers are having to move
Speaker 3: because the union just isn't doing that. I just wonder
Speaker 3: how long you think that dynamic is sustainable for.
Speaker 8: I think what's likely to happen is both General Motors
Speaker 8: and Stilantis are waiting for Ford to find the solution
Speaker 8: for them, so that Ford is most likely to get
Speaker 8: a deal, and then hopefully that deal will set the
Speaker 8: pattern at the other two automakers. I think right now
Speaker 8: they're trying to battle the public relations war at General
Speaker 8: Motors and Stillants more so than solve the problems at
Speaker 8: the bargaining table.
Speaker 6: Huh.
Speaker 2: So Ford's being used by both sides here, I guess.
Speaker 6: So.
Speaker 2: Actually fascinating as we watch take stock rise Arthur. If
Speaker 2: this goes on, maybe there's a deadline next Friday, Maybe
Speaker 2: they stand up strikes again. Maybe this goes into a
Speaker 2: third week. Is a lockout among the options for these
Speaker 2: automakers or is that signing your own death warrant?
Speaker 8: The lockout was became an available option the minute the
Speaker 8: strikes became an available option. So since all three contracts
Speaker 8: are what they call expired, the no strike, no lockout
Speaker 8: clauses ended, so they can do it anytime they want.
Speaker 8: I just don't think they want to. I think right
Speaker 8: now both GM and stallanthus are sitting back trying to
Speaker 8: wait and see for waiting for Ford to figure a
Speaker 8: way out of this, just like they did in Canada
Speaker 8: for UNIFOR. UNIFOR picked Ford as the target because Ford
Speaker 8: has historically been much better at managing labor relations and
Speaker 8: valuing that relationship.
Speaker 3: So if it's really Ford's deal to make here at
Speaker 3: the end of the day, is there no role at
Speaker 3: all for any officials in the administration. We just had
Speaker 3: a headline coming out of the press briefing with the
Speaker 3: White House Press Secretary Kaarine Jean Pierre. She said US
Speaker 3: officials spoke with the UAW and automakers both today. That's,
Speaker 3: of course after earlier today Sean Fain says, we invite
Speaker 3: everyone to the picket line. President of the United States included.
Speaker 3: Does the President of the United States make a difference
Speaker 3: in a situation.
Speaker 8: Like this, Yes, the President can make a difference, but
Speaker 8: the biggest difference he can make is not trying to
Speaker 8: get into the bargaining table. So under the National Labor
Speaker 8: Relations Act, which is what the private sector is under,
Speaker 8: there is no role for the President or Congress. Unlike
Speaker 8: the rail industry, which almost had a strike, the Railway
Speaker 8: Labor Act does have a specific role for the president,
Speaker 8: and it was Congress that stopped that strike from happening.
Speaker 8: It's different from the private sector. The law was written
Speaker 8: to say the best deal is gated deal, and they
Speaker 8: should have both sides work on an issue, try to
Speaker 8: solve it.
Speaker 2: Do you expect or should there be arthur a continued
Speaker 2: negotiating sessions or is this going to be here's my offer. No,
Speaker 2: I reject that here's my offer, and we kind of
Speaker 2: play this out in the media.
Speaker 8: So what happened is you can get to what they
Speaker 8: call last, best and final offer, and that's what you
Speaker 8: could come to at Stillantis or at General Motors.
Speaker 2: But I don't think we're there yet.
Speaker 8: I think right now you're seeing an impact, and it's
Speaker 8: a relatively serious impact. But I don't think anything so
Speaker 8: far can't be made up by the end of the
Speaker 8: fourth quarter. So as you have only three assembly plants down,
Speaker 8: they can work overtime and catch up on all of
Speaker 8: that loss production and the parts plants doesn't hurt production
Speaker 8: as much as it hurts the dealerships. And the dealerships
Speaker 8: are the primary customer for both GM and Stillantis. Because
Speaker 8: GM and Stallantis do not own the dealerships, that is
Speaker 8: their customer. So I think the pressure right now is
Speaker 8: adding chaos to the system, but it's also having an
Speaker 8: impact without costing a huge amount to either the strip
Speaker 8: fund or gross domestic product in the US.
Speaker 3: Yeah, that's an interesting point as we think about the
Speaker 3: economic ramifications of this when we're talking about costs. Though
Speaker 3: obviously the cost to the strike fund is the consideration
Speaker 3: for the union, but the cost of the new contract
Speaker 3: is the consideration on the other side of the bargaining
Speaker 3: table for these automakers. The sense I'm getting is that
Speaker 3: it isn't really so much about the wages. It's about
Speaker 3: other things related to pensions, for example, some of these
Speaker 3: higher cost areas. And if that's where the problem is
Speaker 3: these companies, a couple of them have gone bankrupt because
Speaker 3: of this same issue as before, I wonder how there
Speaker 3: can really be reconciliation on that issue.
Speaker 8: I think there is a huge difference between what you
Speaker 8: ask for at the table and what you expect to receive,
Speaker 8: So you never ask for the minimum going into bargaining,
Speaker 8: You're going to ask for more I don't think the
Speaker 8: pensions were solved at Ford. I don't think the healthcare
Speaker 8: retire healthcare for retirees was solved that forward, and I
Speaker 8: don't know if they will be solved. I think those
Speaker 8: are just two issues. But what the UAW is doing
Speaker 8: is saying everything we're asking for here, we had for decades.
Speaker 8: They had a cost of living, they had a defined
Speaker 8: benefit pension, they had health care for the retirees, and
Speaker 8: those are just some of the things over the years
Speaker 8: they have given up to help save the companies. So
Speaker 8: I think it's a reminder. I don't think it's going
Speaker 8: to be last, best and final law offer. Give us
Speaker 8: the pension and the healthcare retiree you we're all on strike,
Speaker 8: and we'll take you all out right now for forever.
Speaker 6: I don't think they're at that point.
Speaker 2: Wow, you referred to the strike fund already, Arthur. The
Speaker 2: automakers know how much money the union has, just like
Speaker 2: we do. Why not just put a date on the
Speaker 2: calendar for when that money runs out? Sit back and wait.
Speaker 8: Well, you could try doing that, but the UAW absolutely
Speaker 8: doesn't want to spend all of that. You got to remember,
Speaker 8: only one hundred and forty seven thousand people are impacted
Speaker 8: directly by these three companies.
Speaker 2: But if you're the automakers, if you're the automakers, just
Speaker 2: let them spend the money, if you know when that
Speaker 2: money runs out. Doesn't that give the corporations an advantage potentially.
Speaker 8: Except that all of your customers are going to start
Speaker 8: running to Toyota, Honda, Nissan, Kiya, and whoever else they
Speaker 8: want to when you start losing customers. And at forty
Speaker 8: eight thousand dollars the average for each vehicle, it doesn't
Speaker 8: take many customers to surpass that number in the strike fund.
Speaker 2: So thin could lose a whole.
Speaker 8: Lot more money than what the UAW will lose over
Speaker 8: that period of time.
Speaker 3: It's an interesting consideration. And as Arthur's talking about different automakers,
Speaker 3: there's also Tesla, non union EV maker. EV's are at
Speaker 3: kind of the heart of the issue in this fight
Speaker 3: as well. In theory, Tesla's probably feeling pretty good about
Speaker 3: this right now.
Speaker 2: Yeah, we only have thirty seconds off. There is this
Speaker 2: whole thing advantage Tesla.
Speaker 8: I would say, no, I would say, what's going to
Speaker 8: happen is all of this at the UAW wins huge
Speaker 8: gains at the bargaining table. You could have the UAW
Speaker 8: start organizing more of than not Tesla's, including Tesla, and
Speaker 8: Tesla is always anti union and has unfair labor practices
Speaker 8: against them, so it could be a warning shot saying, look,
Speaker 8: we're coming to you next, so we want improvements for
Speaker 8: the workers.
Speaker 2: Come back and talk to us. Arthur Wheaton, Cornell University,
Speaker 2: Director of Labor Studies.
Speaker 1: This is Bloomberg. You're listening to the Bloomberg Sound on podcast.
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Speaker 2: Lawmakers have left us all to ourselves. They're gone for
Speaker 2: the long weekend without crafting a plan on the budget.
Speaker 2: We're going to get to that more immediately. Hear news
Speaker 2: from the UAW that you've been hearing about for the
Speaker 2: last couple of hours on Bloomberg. Remember we had a
Speaker 2: twelve noon Eastern deadline, and you better believe the UAW
Speaker 2: is scaling up strikes, but not all of them. Targeting
Speaker 2: GM and Stalantis, not Ford. We heard from Sean Fain,
Speaker 2: the president of the UAW, just before the deadline.
Speaker 4: Today at noon Eastern time. All of the parts distribution
Speaker 4: facilities at General Motors and Stalanis are being called to
Speaker 4: stand up and strike. We will be striking thirty eight
Speaker 4: locations across twenty states, across all nine regions of the UAW.
Speaker 2: But as I mentioned, not Ford, and as we look
Speaker 2: ahead to the next week here in hopes of some
Speaker 2: sort of a breakthrough, there's going to be an added
Speaker 2: political element to this. As Donald Trump goes to Detroit
Speaker 2: instead of the Republican Debate to speak to members, and
Speaker 2: this is happening amid calls for President Biden to do
Speaker 2: the same. He's actually out with a new ad today
Speaker 2: on all of this. I call it an ad. It's
Speaker 2: an online video that he just posted on Twitter, using
Speaker 2: the words of Republicans in this case to describe his
Speaker 2: stand on the union. Give this a taste when you have.
Speaker 10: A president that's constantly saying go union, Go Union, this
Speaker 10: is what you get the unions get involved in that.
Speaker 8: Nicky harrin the First Building passed eighty six billion dollars.
Speaker 2: For unions Senator Tim Scott and clearly does prioritizee union jobs.
Speaker 11: And he's made very clear here.
Speaker 2: And you've got an anchor here at Fox Business, so
Speaker 2: you get a taste of this. By the way, he
Speaker 2: said yes, is that one word on the tweet? Mark
Speaker 2: Niquette is with us Bloomberg Politics and Government reporter. Market's
Speaker 2: wonderful to have you in Washington as we consider the
Speaker 2: political side to this important you know, business meets Wall
Speaker 2: Street kind of story. We add Washington as well, and
Speaker 2: it's hard to escape the politics as Republicans try to
Speaker 2: seize the moment. Can they do that? As Donald Trump
Speaker 2: onto something next week.
Speaker 12: We're going to find out. I mean, it's it's pretty
Speaker 12: clear that what President Trump's trying to do is to
Speaker 12: cut into Biden's union support in Michigan, key swing state.
Speaker 12: In the twenty twenty four election, Biden did very well,
Speaker 12: beat Trump by about one hundred and fifty thousand votes
Speaker 12: in twenty twenty. So, in addition to counter programming the
Speaker 12: GOP debate that's going on in California, I think Trump
Speaker 12: is sensing an opportunity here that he could make some
Speaker 12: headway with union members in particular.
Speaker 2: It's a pretty friendly crowd though, right the rank and
Speaker 2: file was already kind of leaning toward Republicans and Trump
Speaker 2: in the last couple of elections. Here is Joe Biden
Speaker 2: the one who has to win over their support.
Speaker 12: Well, there's certainly a disconnect between the union leadership that
Speaker 12: has historically backed Democrats and the rank and file members.
Speaker 12: The Democrats would have you believe that it's a majority
Speaker 12: of the rank and file still support Biden and the Democrats.
Speaker 12: And sure there is support in the rank and file
Speaker 12: for Republicans. But I think that the big question is
Speaker 12: does Trump really have any the ability to move many
Speaker 12: of the folks, the union folks who voted for Biden
Speaker 12: twenty twenty four.
Speaker 2: You're going to be at this speech, I guess we'll
Speaker 2: call it next week in Detroit. He's not expected on
Speaker 2: the picket line from what we understand, because of security concerns.
Speaker 2: Will he be in a union hall or what? Do
Speaker 2: we have logistics yet?
Speaker 12: Yeah, we're not entirely sure, other than it's a primetime
Speaker 12: speech with current and former union members and including not
Speaker 12: just UAW members, but you know, pipefitters and other union folks.
Speaker 2: You know, it's interesting you mentioned that because one of
Speaker 2: the messages from Fain today was this is not just
Speaker 2: the Big three, this is about more than the Big three.
Speaker 2: And he went through a litany of labor actions in
Speaker 2: his I guess Facebook live conversation is his live message
Speaker 2: to members here, this is bigger than the UAWD. We
Speaker 2: just went through ups we had rail workers earlier in
Speaker 2: the year. Is that why Republicans think they have something?
Speaker 11: I think so.
Speaker 12: That and the overwhelming dissatisfaction that voters say they have
Speaker 12: with the economy and Biden's handling of the economy survey
Speaker 12: after survey shows that he's just not making any headway
Speaker 12: with his message of Bidenomics connecting with people. And you know,
Speaker 12: one of the things we're watching to see, I think
Speaker 12: is if Biden engages now with this strike in a
Speaker 12: more personal way. The Facebook video from Fain, you mentioned,
Speaker 12: more or less invited Biden to show up the picket
Speaker 12: line and.
Speaker 2: Trump's visit didn't.
Speaker 12: He we did, and before the message was we don't
Speaker 12: want presidential politics involved in this negotiation. We can do
Speaker 12: fine without it, thank you. But there seems to have
Speaker 12: been a change now where Fain is welcoming Biden to
Speaker 12: intervene in the strike. So I guess it'll be interesting
Speaker 12: if we have a sort of a split screen with
Speaker 12: both Biden and Trump showing up in Michigan to try
Speaker 12: and make some head moment to strike.
Speaker 2: That would be a moment in this campaign to intervene. Though,
Speaker 2: is that? Did you mean to use that word in
Speaker 2: terms of maybe mediate.
Speaker 12: No, not im media being in a sense of inserting
Speaker 12: themselves into the big picture. They know, if not the
Speaker 12: negotiations directly.
Speaker 2: That could still happen. Of course, Mark, you're also writing
Speaker 2: about the impact this may have on the Ohio Senate race.
Speaker 2: What should we be watching?
Speaker 12: Well, we're watching to see what impact this has on
Speaker 12: Shared Brown. He has a tough reelection in Ohio, and
Speaker 12: historically he's relied on the vote of in particular the
Speaker 12: UAW to carry Ohio. But Ohio has been moving much
Speaker 12: more to the right in recent elections. A lot of
Speaker 12: these Union folks who forever were Democrats clearly voted for
Speaker 12: Trump in twenty sixteen and twenty twenty. You know, the
Speaker 12: big question is can Shared Brown hold these folks, these
Speaker 12: Union voters in particular, if they went for Trump, where
Speaker 12: they still support Shared Brown? So I think the union
Speaker 12: is looking to share it to, you know, be visibly
Speaker 12: on their side and help if he can in any way,
Speaker 12: you know, deliver the gains they're looking for in these negotiations.
Speaker 2: We've got a lot to learn here. Still, it's like
Speaker 2: every time we turn around, there's another layer on these races,
Speaker 2: and this UAW is a pretty big layer. Would you
Speaker 2: join us from Detroit while you're out there next week.
Speaker 2: I'd love to hear from you.
Speaker 6: Mark.
Speaker 2: It's great to have you in Washington. Mark Nackett, Bloomberg
Speaker 2: Politics Government Reporter, Many thanks for talking with us. As
Speaker 2: always on sound On, It's not all that often we
Speaker 2: get an in person review from Mark Niquette. I'm Joe
Speaker 2: Matthew and Washington. As we prepare to bring in Bill
Speaker 2: Hoaglan now from the Bipartisan Policy Center bring up the data.
Speaker 2: What's happening on Capitol Hill and by that I mean nothing.
Speaker 2: They're all gone. Well, I shouldn't say all gone. There's
Speaker 2: actually a Rules Committee hearing that's taking place that will
Speaker 2: likely feed into this whole conversation as the House tries
Speaker 2: to get some single issue spending bills to the floor
Speaker 2: next week. But everybody else is out of here. Couldn't
Speaker 2: get a defense spending bill to even reach debate on
Speaker 2: the floor of the House. The House and Senate don't
Speaker 2: see eye to eye. Republicans themselves in the House still
Speaker 2: to see eye to eye. And listen to Marjorie Taylor Green.
Speaker 2: She posted a video in the gym. You know she's
Speaker 2: putting up the Jim video is always with the pull ups,
Speaker 2: and I guess she had just worked out and she's frustrated.
Speaker 13: I'm particularly frustrated today. We went home for August recess.
Speaker 13: We should have stayed in Washington working to get our
Speaker 13: appropriation bills done, but we didn't. We went on August recess,
Speaker 13: and that's when we're supposed to go back to our
Speaker 13: districts and get work done in our districts. That's what
Speaker 13: we did. But we should have stayed in Washington and
Speaker 13: funded the government and gotten all the work done hammering
Speaker 13: out the details.
Speaker 2: Doesn't sound like she's terribly happy with her ally Kevin
Speaker 2: McCarthy on all of this, Let's turn to Bill Hogman,
Speaker 2: As I mentioned, senior vice president of the Bipartisan Policy Center,
Speaker 2: spent more than a day in the Senate working for
Speaker 2: Bill Frist as the director of Budget and appropriations. I
Speaker 2: won't go through your whole resume bill, but it's wonderful
Speaker 2: to see you here and thank you for coming.
Speaker 6: Boy.
Speaker 2: I remember the conversations we had around the debt limit,
Speaker 2: the potential default. We thought we had a deal. We're
Speaker 2: really learning now apparently we did not. And as everybody
Speaker 2: heads home, we're going to have what four or five
Speaker 2: days potentially to figure this entire thing out. Next week.
Speaker 2: You've got some folks described as a legislative arsonists who
Speaker 2: are calling for a shutdown. Speaker McCarthy says he doesn't
Speaker 2: understand this mentality has just burned the place down? Is
Speaker 2: that what's happening? Is this caucus going to burn down
Speaker 2: the House?
Speaker 14: Well, they're working on it pretty hard, I think in
Speaker 14: terms of causing some real problems for the Speaker, but
Speaker 14: I remain somewhat optimistic that we're going to be able
Speaker 14: to work this thing out. If nothing else, focus on
Speaker 14: the United States Senate next week. The United States Senate
Speaker 14: on Tuesday will be taking up a piece of legislation
Speaker 14: called the FAA Reauthorization Bill.
Speaker 11: And not to get into the weeds.
Speaker 14: About this, but it's it allows them to call that
Speaker 14: bill up and strip it, strip it because it's a
Speaker 14: revenue bill, because there's revenues in that bill. Allow them
Speaker 14: to strip out the FAA portion and put in a
Speaker 14: continuing resolution and then send it over to the House
Speaker 14: and so be in the House's.
Speaker 11: Job to take up that particular resolution.
Speaker 2: So this has been people are talking about the Senate
Speaker 2: jamming the House. This is doing its job. Yes, maybe
Speaker 2: swooping in at the last minute. But we hear that
Speaker 2: Kevin McCarthy gets fired if he tries to pass that.
Speaker 11: Well, I'm not exactly sure that's going to happen.
Speaker 14: I mean, he may face a motion to vacate his speakership.
Speaker 11: I think that's true.
Speaker 14: But in the last twenty four to forty eight hours,
Speaker 14: I have been at least hearing that.
Speaker 11: Listen, what's the alternative? And so.
Speaker 14: Democrat the way the House works, and I'm a Senate
Speaker 14: staff or not a House staffer, so I can't I
Speaker 14: can't always speak to the person in the House. But
Speaker 14: the House Democrats could basically not show up to vote
Speaker 14: on that vacation, vacate the position, or they could vote present,
Speaker 14: and in which case then the speaker would survive a
Speaker 14: motion to vacate the office.
Speaker 2: So when I asked Democrats here, would you come to
Speaker 2: the speaker's defense? And they laugh at me. That's actually
Speaker 2: what they mean. They would come to his defense without voting,
Speaker 2: without voting for him, just by lowering the threshold.
Speaker 11: That's exactly right.
Speaker 14: So I think that's I think from the beginning this
Speaker 14: has always been a question as to whether or not
Speaker 14: the speaker wanted to keep government operational or did he
Speaker 14: threaten his own position as a speaker.
Speaker 11: And I think this is where it's going to come
Speaker 11: down to, do.
Speaker 2: We do we in that world end up having like
Speaker 2: a weekend shutdown or something, or well, the.
Speaker 14: Good news, of course is not the good news. The
Speaker 14: news is that, of course the fiscal year begins on
Speaker 14: a Sunday. That's right, So it is possible that we
Speaker 14: would have a shutdown on Sunday, maybe Monday there. But
Speaker 14: I personally I think that what no. But first of all,
Speaker 14: nobody to oh, you know, nobody wins in these situations.
Speaker 11: If people say, well, it's.
Speaker 14: A outside the beltway, we may hear inside the Beltway
Speaker 14: say we know where the problem is. It's in the house,
Speaker 14: But outside the belty nobody understands. Basically that everybody we
Speaker 14: all look bad. And so I think the sooner we
Speaker 14: get to the position of passing a continuing resolution, the better. Listen,
Speaker 14: we're not out of the woods here. Even if they
Speaker 14: do pass a containing resolution will probably be to the
Speaker 14: end of October.
Speaker 11: Maybe maybe to think we're.
Speaker 14: Going through this again, we're pushing up against snowflakes in December,
Speaker 14: I think, before we get everything resolved.
Speaker 2: Wow, And that's exactly what Kevin McCarthy said. He didn't want, right,
Speaker 2: don't jam me up against the holidays. He said, let's
Speaker 2: get it done before then.
Speaker 14: But high reality, that would be nice. But I don't
Speaker 14: think that's going to happen.
Speaker 2: But you also don't think he's going to get fired,
Speaker 2: which means he might have a little bit more ribber
Speaker 2: room than people are illustrating in the media.
Speaker 14: I think he's going to try his best to go
Speaker 14: as far as he can, to push it as far
Speaker 14: as he can up until he has to. And I
Speaker 14: think it's he I honestly, he understands to do this,
Speaker 14: he has to have democratic support, and this would be Listen,
Speaker 14: it's two against one, the White House and the Senate.
Speaker 14: It's two against one. And I've never been in a
Speaker 14: knife fight. But if it was two against one, I
Speaker 14: think I put my bets on the two.
Speaker 2: Yeah, that's right, fair enough even without a knife. So
Speaker 2: Mitch McConnell wants to see Ukraine funding. President Zelenski was
Speaker 2: here yesterday. He made the case with that CR included.
Speaker 14: Well, that's a good question, as I understand that it
Speaker 14: probably would there be an attempt to put the Ukraine
Speaker 14: funding in this bill that I'm talking about coming from
Speaker 14: the Senate. Rand Paul has indicated that he is opposed
Speaker 14: to that, and so that may delay thee That's why
Speaker 14: there's that made delay getting the bill out of the
Speaker 14: Senate and over to the House. But at the end
Speaker 14: of the day, I think there probably will remain. They
Speaker 14: made them want to delay this Ukraine funding until the
Speaker 14: end of the October to the next round they go
Speaker 14: through it. But I think at some point here the House,
Speaker 14: the Senate is pretty well majority of minority is pretty
Speaker 14: well in agreement. Besides those few, it's the House that's
Speaker 14: going to be the problem with the Ukraine funding.
Speaker 2: It's been a recurring theme in our last moment. I
Speaker 2: just wonder your reflections here when it comes to the dysfunction. Uh,
Speaker 2: even if we get through this. To your point, we
Speaker 2: might have another shutdown at the end of the year,
Speaker 2: and we're going to be wrangling over this for the
Speaker 2: balance it seems of this of this Congress, aren't we Oh?
Speaker 11: I think so.
Speaker 14: I think when you have this narrow the margin in
Speaker 14: the House, are you're going to have this is and
Speaker 14: we move into this political season in a bigger way.
Speaker 14: It's it's going to continue all right up into the
Speaker 14: election time next year. I think this is going to
Speaker 14: continue on this division. I'm sad about that. I think
Speaker 14: it is. It's not the way the government should operate.
Speaker 14: Of course, I go back to different maybe a different
Speaker 14: time and place on Capitol Hill where we we had differences,
Speaker 14: but we worked out those differences and put the countries
Speaker 14: best before us.
Speaker 2: Well, it's because of your experience in that time and
Speaker 2: place that we enjoy talking with you, because that's the
Speaker 2: perspective we need now. Bill Hogland, the Bible Partisan Policy Center,
Speaker 2: Thanks as always for the insights. I'm Joe Matthew. This
Speaker 2: is Bloomberg.
Speaker 1: You're listening to the Bloomberg Sound on podcast. Catch us
Speaker 1: live weekdays at one Eastern on.
Speaker 6: Bloomberg dot Com.
Speaker 1: The iHeartRadio app and the Bloomberg Business App, or listen
Speaker 1: non demand wherever you get your podcasts.
Speaker 2: A very difficult path ahead for potentially funding the government.
Speaker 2: We assemble our panel, Rick Davis and Jeanie Schanzeno or
Speaker 2: with us Bloomberg Politics contributors as Kevin McCarthy. The Speaker
Speaker 2: of the House laments those in his own Republican conference
Speaker 2: who he says, want to torch the place. This is
Speaker 2: the speaker coming out of the failed vote yesterday to
Speaker 2: try to begin debate on a defense spending bill.
Speaker 5: I don't understand why anybody votes against bringing the idea
Speaker 5: and having the debate, and then you've got all the amendments.
Speaker 6: If you don't like to build. This is a whole
Speaker 6: new concept.
Speaker 2: Of individuals that just want to burn the whole place down.
Speaker 2: It doesn't work, Rick Davis, the Speaker is perplexed. Is
Speaker 2: he out of control?
Speaker 7: Is the Speaker out of control? Or is the caucus
Speaker 7: out of control? You know, I think the speaker. The
Speaker 7: Speaker is angry because the caucus is not keeping its
Speaker 7: deals intact. So I don't blame him. I think this
Speaker 7: is really outrageous that you know, you have veterans voting
Speaker 7: against the consideration of the Defense Appropriations Bill. I mean, like,
Speaker 7: I've never seen anything like this, either in the Republican
Speaker 7: Party or the Democratic Party, and and it's put the
Speaker 7: Speaker in a really tight spot. Now they have no
Speaker 7: idea what to bring up next week, the Defense Authorization,
Speaker 7: you know, DHS, you know, agriculture. I mean, like, he's
Speaker 7: got to figure out what he's going to do. But
Speaker 7: I was so glad you had Bill Hoglan on because
Speaker 7: he really has the scoop, which is, you know, the
Speaker 7: Senate's going to hollow out this revenue bill only kind
Speaker 7: of way. Only way you can vote on a CR
Speaker 7: is through a revenue bill, and the only way to
Speaker 7: do it is a House has to start it. So
Speaker 7: House sends them, you know, the FAA reauthorization turned into
Speaker 7: the CR. So you're gonna have a CR potentially on
Speaker 7: the floor in the House next week, and one that
Speaker 7: Democrats will vote on. So the question then is, yes, well,
Speaker 7: McCarthy actually take a vote on that bill. I mean, like,
Speaker 7: so the coccus doesn't want to vote on defense, and
Speaker 7: is macarthy gonna want to vote on a bipartisan CR.
Speaker 7: It's just going to be really fascinating and.
Speaker 2: Of course, if the votes on a bipartisan cr which
Speaker 2: we're now expecting to come from the sena genie guys
Speaker 2: like Matt Gates are promising a motion to vacate and
Speaker 2: they think they can get him fired the other fear
Speaker 2: By the way, if you ask Matt Gates at least,
Speaker 2: who does not want any part of a stopgap solution here,
Speaker 2: and I think is girding for a shutdown or encouraging
Speaker 2: a shutdown? Is this discharge petition the idea that there'd
Speaker 2: be a workaround to bring this to the floor by
Speaker 2: House members. And I had to we actually actually bleep
Speaker 2: what he said on the TIM cast about this last evening.
Speaker 2: Listen to what's worrying Matt Gates of Florida.
Speaker 15: What the thread is is that five you know, liberal
Speaker 15: or moderate Republicans could just say, we don't want to
Speaker 15: do the single subject bills. We don't want to go
Speaker 15: through the pain of doing the cuts to foreign aid
Speaker 15: or to food stamps or anything like that. So we're
Speaker 15: just going to go sign what's called a discharge petition
Speaker 15: and then just move that thing like through like s
Speaker 15: through a goose.
Speaker 2: He says on a microphone in front of a camera, Genie.
Speaker 2: I'm really starting to think it's time to just remake
Speaker 2: Schoolhouse Rock here. I've been learning more about the legislative
Speaker 2: process these past couple of weeks than I ever imagined,
Speaker 2: how about you?
Speaker 10: Oh yeah, and I've never heard that s through the
Speaker 10: goose either, so I'm learning all kinds of either. Thank you, Joe.
Speaker 10: And you know, it's it's interesting to listen to Matt
Speaker 10: Gates bemoan the fact that a few loan representatives, maybe
Speaker 10: as few as four or five as he says, might
Speaker 10: pulled up the process of regular order. I mean, it
Speaker 10: is it is just fascinating to listen to the hypocrisy
Speaker 10: come from Matt Gates. Reality is, if they wanted to
Speaker 10: engage in consideration of these bills, they couldn't wait till
Speaker 10: eight nine days before the government shuts down to do
Speaker 10: that and oppose even a continuing resolution, so you could
Speaker 10: keep the government open and then have these sort of
Speaker 10: you know, considerations and sort of something akin to normal order.
Speaker 6: You know.
Speaker 10: And I think my biggest fear, because we're listening to
Speaker 10: Matt Gates, so I'm going to add mine, my biggest
Speaker 10: fear is that we are playing by old rules. We
Speaker 10: are playing by pre Trump rules, and I think one
Speaker 10: thing Democrats have to consider is that whereas these shutdowns
Speaker 10: have traditionally hurt Republicans, and I think they will continue to.
Speaker 10: Donald Trump has been pushing for chaos everywhere he can
Speaker 10: find it. In the House is another place in Congress.
Speaker 10: He wants this shutdown because he wants to make the
Speaker 10: case that under Joe Biden, who he describes as incompetent,
Speaker 10: the government has resulted in chaos, whether it's the southern
Speaker 10: border smash and grabs, crime, and in terms of basic
Speaker 10: governance like budgeting. So I am really concerned that I
Speaker 10: think Democrats should be as well, that this does not
Speaker 10: just hurt Republicans, but it ends up hurting the Biden administration,
Speaker 10: the Biden campaign, just as Donald Trump has been pushing
Speaker 10: for and intended to. And that is new stakes in
Speaker 10: this game that they're playing.
Speaker 2: Rick, I know you're not a big fan of Matt Gates.
Speaker 2: I'll let you speak to that if you want to.
Speaker 2: But is there an element of what he is saying
Speaker 2: that actually rings true when it comes to regular order
Speaker 2: when he talks about single issue spending bills. Does he
Speaker 2: feel burned by Kevin McCarthy who promised regular order or
Speaker 2: is this just bad behavior? Sign the cr and keep
Speaker 2: the government open.
Speaker 7: Well, I mean he's been on the group who have
Speaker 7: been voting against appropriations bills which are being brought up
Speaker 7: in regular order after committees have approved them. And uh
Speaker 7: so it is a bit hypocritical that he would then
Speaker 7: claim that anybody else who would actually try to skirt
Speaker 7: his influence, you know, by using a different legislative rule,
Speaker 7: you know, I mean that's just selfish, right. I mean,
Speaker 7: of course, if he's going to be, along with five
Speaker 7: other Freedom Caucus members obstructing regular order, then then people
Speaker 7: are going to look for other avenues to get their
Speaker 7: their legislation passed.
Speaker 2: Do you think Bill Holan is right and that Democrats
Speaker 2: might turn away or not show up for a vote
Speaker 2: if there was a motion to vacate to you know,
Speaker 2: kind of indirectly support Speaker McCarthy.
Speaker 6: Yeah, for sure.
Speaker 7: I mean the Democrats don't want to open this up
Speaker 7: to potentially, you know, some other much more unattractive speaker candidate,
Speaker 7: you know, who will try to reorganize the Republican Caucus.
Speaker 7: So yeah, I mean they'll just walk off the floor
Speaker 7: and make it a different kind of vote, and and so.
Speaker 6: All of this.
Speaker 7: I've always thought the easy yes in the negotiation that
Speaker 7: the Speaker had with the right wing mega guys, you know,
Speaker 7: getting the Speaker's job was to give them this option
Speaker 7: because the reality is they may try to take the vote,
Speaker 7: but it's not going to result in his ouster. I mean, like,
Speaker 7: there's a difference between taking a vote and actually throwing
Speaker 7: the speaker out. And in this case, I think there's
Speaker 7: a zero chance that if they do it, that Kevin
Speaker 7: McCarthy doesn't wake up the next day showing how hollow
Speaker 7: this is for them. Right, It only works if they
Speaker 7: actually never force the vote, right, because then they have influence.
Speaker 7: If they vote and they can't get rid of them,
Speaker 7: then they're dead.
Speaker 6: Right.
Speaker 7: Then the reality is it was a hollow argument.
Speaker 2: How about that, Genie. I've got to ask you about
Speaker 2: the union the UAW today scaling up these strikes against
Speaker 2: the Big Three. Well, I should be more specific, it's
Speaker 2: against two of the Big three. We had a noon
Speaker 2: deadline today, as you know, Sean fan and made the
Speaker 2: announcement before hei noon.
Speaker 4: We still have serious issues to work through, but we
Speaker 4: do want to recognize that Ford is showing that they're
Speaker 4: serious about reaching a deal. GMS solanis It's a different.
Speaker 2: Story, different story either way. Donald Trump will be there
Speaker 2: to speak to all of them next week, Genie. And
Speaker 2: now Sean Fain thinks that Joe Biden ought to come
Speaker 2: speak to union members. Is he right as the president
Speaker 2: head for Detroit.
Speaker 10: You know, the president has to walk a fine line.
Speaker 10: I think he has issued very strong support for the strikers.
Speaker 10: I think that some of us were surprised by how
Speaker 10: strong he was in his language, and I too was struck,
Speaker 10: like Bill said, by the fact that Fain just last
Speaker 10: weekend on CBS Sunday Show said, you know, the president
Speaker 10: the administration should stay out of it. Now he seems
Speaker 10: to have changed that. I think in part that may
Speaker 10: be a response to Donald Trump's decision to go and
Speaker 10: to speak to workers. But I think we should caution
Speaker 10: everybody against this idea that workers will naturally line up
Speaker 10: with Donald Trump. The reality is the workers elected Sean Faine.
Speaker 10: This is a new UAW under Sean Fain, and if
Speaker 10: they feel well represented by him, they may follow the leadership,
Speaker 10: or enough of them may follow the leadership if they
Speaker 10: choose to endorse Biden, which of course they haven't done yet.
Speaker 2: Well, of course, Donald Trump will be skipping the Republican
Speaker 2: debate next week, apparently to do that in Detroit. We
Speaker 2: don't know if the President will join him, but we'll
Speaker 2: have a lot more with our panel on this next
Speaker 2: as we look ahead to the debate and new numbers
Speaker 2: out of New Hampshire today that could be meaningful. We'll
Speaker 2: talk about it with Rick and Genie.
Speaker 1: You're listening to the Bloomberg Sound On podcast. Catch the
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Speaker 1: flagship New York station, Just say Alexa play Bloomberg eleven thirty.
Speaker 2: Sean Faine, the President of the UAW, denounced Donald Trump's
Speaker 2: plan to visit Detroit and talk to the auto workers
Speaker 2: next week. That's his plan to counter program the Republican debate.
Speaker 2: But Sean Fain now says that Joe Biden should come.
Speaker 2: He's inviting the President to join striking workers on the
Speaker 2: picket line as they ratchet up the strikes here against
Speaker 2: GM and STILLANTIS that's the update. Knowing we had this
Speaker 2: high noon deadline today, not good for GM and Stlantis,
Speaker 2: I guess not worse for Ford, who, as you've been
Speaker 2: hearing from Charlie Pellett watching share his rise today because
Speaker 2: Ford will not get an escalated strike. Let's reassemble the
Speaker 2: panel for a little bit more on this. Rick Davis
Speaker 2: and Jeanie Shanzano joined Bloomberg Politics contributors. We had Genie
Speaker 2: Way in first. Rick, I'd like to hear from you
Speaker 2: on this and whether you think Joe Biden should seize
Speaker 2: the opportunity here because we all know Donald Trump is.
Speaker 7: Yeah, I think Joe Biden should go to Detroit. He
Speaker 7: should be talk talking to the UAW guys. He should
Speaker 7: not have let Donald Trump get around him. I think
Speaker 7: it was a pretty sloppy political move by the Democrats
Speaker 7: to uh not see that coming. It's a perfect option
Speaker 7: for Donald Trump, good excuse to skip the the debate, uh,
Speaker 7: to go talk to these guys. And obviously it's a misma,
Speaker 7: mixed match of you know, retired and active union members,
Speaker 7: so he's just putting together an event. It's not really
Speaker 7: going there to talk to the u A W and
Speaker 7: and Biden has made a career out of being the
Speaker 7: pro labor candidate. Uh, you know, and so he's got
Speaker 7: a he's got to brandish that credential. There's nothing in
Speaker 7: it for him to be sort of nice to the
Speaker 7: corporations at this stage. And uh, why not politically join
Speaker 7: the right protests and say, like, you know, I feel
Speaker 7: for the blue collar workers who are getting abused by
Speaker 7: the corporations. I mean, like, to me, this is just
Speaker 7: a no brainer. I mean, I don't know if it's
Speaker 7: good public policy, but it's great politics.
Speaker 2: Yeah. Well, yeah, imagine the image is Genie. I know
Speaker 2: you think that this is a delicate equation for Joe Biden,
Speaker 2: But imagine him arm in arm right, leading the charge.
Speaker 2: She's got the megaphone in his hand, a fist in
Speaker 2: the air. Is that not exactly what he needs? Now?
Speaker 10: Well, you know, I'm not sure he needs exactly that,
Speaker 10: because he's also president of the United States. He's responsible
Speaker 10: for a stable economy, and striking against the Big Three
Speaker 10: can be interpreted by many people as something that is
Speaker 10: disruptive to the economy at a time when inflation is high.
Speaker 10: But you know, I think he does have a difficult
Speaker 10: line to walk as anybody does. It's far easier. It's
Speaker 10: not easy, but easier to run for office and to
Speaker 10: slam everybody who's in control and power. But somebody like
Speaker 10: Joe Biden who is president, has duel responsibilities, multiple and
Speaker 10: a big one is to the economy. So you know,
Speaker 10: there is that. But I think that he did make
Speaker 10: a very powerful statement last Friday in support of the union,
Speaker 10: and the fact that Sean Fain is inviting him to
Speaker 10: go visit with union workers is testimony to that. I mean,
Speaker 10: there were some people who heard what the President said
Speaker 10: last week and said he sounded a bit like Bernie Sanders,
Speaker 10: maybe with a little less energy, right, you know, his
Speaker 10: statement was very strong, so you know, you know, and
Speaker 10: the piece that you played earlier on in the hour
Speaker 10: that they put out there, those are Republicans doing this.
Speaker 10: It is Donald Trump chasing Joe Biden's supporters. Donald Trump
Speaker 10: is trying to be a friend of the workers that
Speaker 10: Joe Biden has not just been in the last week
Speaker 10: for political reasons, but throughout his entire career. So I
Speaker 10: think that Joe Biden has an upper hand on this,
Speaker 10: and he has to remember first and foremost his responsibility
Speaker 10: as president to both the economy and to support the workers,
Speaker 10: and I think he can do both well.
Speaker 2: He's got the upper hand in the latest pulls out
Speaker 2: of New hand Hampshire. These new numbers are from CNN
Speaker 2: and the University of New Hampshire Survey Center. This is
Speaker 2: the Granite State Poll, a sample of about two thousand
Speaker 2: in the Granite State Poll. And my goodness, these are
Speaker 2: hypotheticals for the general election between Joe Biden and every
Speaker 2: Republican candidate who's going to be on stage next week,
Speaker 2: plus Donald Trump. Rick. I know you don't have a
Speaker 2: lot of time for hypotheticals at this stage of the
Speaker 2: game here, but this is New Hampshire. It's unh and
Speaker 2: when you look at these numbers, my goodness, not good
Speaker 2: for Donald Trump. Joe Biden beats him by twelve. He
Speaker 2: beats DeSantis by seventeen, same as Ramaswami beats Haley by sixteen,
Speaker 2: Pence by twenty nine, Christy by twenty four, and Scott
Speaker 2: by thirteen. What do these numbers tell you?
Speaker 7: Yeah, well, I think you focus in on the Biden
Speaker 7: Trump matchup because they run against each other. In New Hampshire.
Speaker 7: There are a lot of Republicans who think New Hampshire
Speaker 7: is a swing state, and I think that it's a
Speaker 7: legitimate poll at that stage. I mean, the rest of
Speaker 7: them don't have enough name mighty and haven't campaign enough,
Speaker 7: so it's very hard to make comparisons. But this Trump
Speaker 7: number is bad because everything that Biden's getting is motivated
Speaker 7: by Trump. The intensity that Biden's voters give him is
Speaker 7: because they don't want Trump to be president, not that
Speaker 7: they want him to be president. They don't want Trump.
Speaker 7: Trump's negatives are really what's driving his numbers down. I mean,
Speaker 7: up over sixty percent negatives. I mean he's only getting
Speaker 7: a little over seventy percent of his own ballot. I
Speaker 7: mean he is a broken candidate in New Hampshire and
Speaker 7: unless he changes himself, he's got no way to compete
Speaker 7: in New Hampshire, and.
Speaker 2: He beats everyone by more than that, Genie. The Biden
Speaker 2: camp has been in need of some good news. Is
Speaker 2: this it?
Speaker 6: Yeah?
Speaker 10: This is absolutely good news for the Biden camp. And
Speaker 10: I think they are paying close attention to these polls
Speaker 10: because we heard the President speaking to funders and supporters
Speaker 10: in New York and he is really turning his focus
Speaker 10: on Donald Trump. To keep pushing these negatives up, negatives up,
Speaker 10: and his argument is that Donald Trump wants to destroy democracy,
Speaker 10: he wants to increase the chaos and decrease any sense
Speaker 10: of normalcy and proper governance and a democracy. And that
Speaker 10: seems to be resonating with voters who are listening in
Speaker 10: places like New Hampshire. And this is one of the
Speaker 10: striking things about these early state polls. Donald Trump support
Speaker 10: is down about fifteen percent in these early state poles
Speaker 10: versus the national polls. And that's presumably because these voters
Speaker 10: are paying close attention and the voters who are doing
Speaker 10: that are really not happy with what they're hearing from
Speaker 10: Donald Trump. And in New Hampshire in particular, about a
Speaker 10: third of Trump's supporters said they would look elsewhere, So
Speaker 10: that puts his floor down about twenty five percent. Bad
Speaker 10: news for Trump, Donald Trump, good news for Joe Biden
Speaker 10: in these head to heads, And they've got to keep
Speaker 10: making the case that you may not love Joe Biden,
Speaker 10: but look at the alternative.
Speaker 2: Well, I'll say a couple weeks ago we would have
Speaker 2: been obsessing over this DeSantis number as well. Remember when
Speaker 2: dead Antis was the big fear. He's the one who
Speaker 2: actually could beat Joe Biden in a general. He loses
Speaker 2: by seventeen points in New Hampshire according to this poll.
Speaker 2: Some final thoughts next from Rick and Jennie. I'm Joe Matthew.
Speaker 2: This is Bloomberg.
Speaker 1: You're listening to the Bloomberg Sound on podcast. Catch the
Speaker 1: program live weekdays at one Eastern.
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Speaker 2: We hear a lot about crime in major cities these days,
Speaker 2: and in New York they've got a new tool to
Speaker 2: help the police. They rolled it out today. Unveil this
Speaker 2: today is called K five, a drone. Mayor Eric Adams
Speaker 2: helped to unveil this piece of drone technology that will
Speaker 2: help patrol New York's busiest subway stations. Yes, New York
Speaker 2: now has a RoboCop.
Speaker 6: This is a good investment.
Speaker 2: Tax pays dollars.
Speaker 16: And I'm hoping you're gonna put a line in your
Speaker 16: story how cosse efficient I am, because I should get
Speaker 16: that this is below minimum wage. You know, no bathroom breaks,
Speaker 16: no meal breaks.
Speaker 2: No bathroom breaks, no mirror breaks. But ready to deliver justice.
Speaker 6: Robert, that are alive? You are coming with me? That's right.
Speaker 2: It is now our reality, Ladies and gentlemen. RoboCop is
Speaker 2: among us. Rick Davis and Genie Shanzeno. I'm gonna have
Speaker 2: to think twice. I guess when I go.
Speaker 6: To New York.
Speaker 2: Genie, you're a New Yorker, there's gonna be a cop
Speaker 2: walking along with the RoboCop. Does this bring justice to
Speaker 2: New York subways?
Speaker 7: Well?
Speaker 10: I certainly hope so. But I have to tell you.
Speaker 10: I shot at stop and Shop sometime and they have Murdy,
Speaker 10: the robot who's early similar to this robot.
Speaker 2: And he always yeah me out.
Speaker 10: So I don't know if I'm gonna feel safe. Are
Speaker 10: more freaked out? And nine dollars an hour they get
Speaker 10: to Lisen, he should at least be paid more per hour.
Speaker 10: That's not even minimum wage.
Speaker 2: You make that sound like a deterrent.
Speaker 6: Rick.
Speaker 2: I don't know about you. If you saw one of
Speaker 2: these things come in your way, would you turn and run?
Speaker 2: I feel like there's enough to worry about already in
Speaker 2: New York.
Speaker 7: Uh yeah, I'm anti RoboCop because you know what that
Speaker 7: leads to roboth. I mean like what I mean like,
Speaker 7: is this an escalation thing? I mean like, you know,
Speaker 7: the police get a robo. The cops are the criminals
Speaker 7: get a robo? I mean, like we're all gonna be
Speaker 7: like just staying in our homes while the robos fight
Speaker 7: it out on the street. I mean, I'm I'm not
Speaker 7: sure progress is a good thing.
Speaker 2: Leave it to Rick and Jeanie to help us get
Speaker 2: to the bottom of this. Absolutely, yes, K five it
Speaker 2: needs a friendlier name. By the way, it's taking pictures
Speaker 2: in video of you but not audio and no facial recognition.
Speaker 2: I think turn and run is going to be the
Speaker 2: answer for me. Thanks for listening to The Sound On podcast.
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