Raging Moderates with Scott Galloway and Jessica Tarlov - The Canada Trade War Might Actually Cost Trump More Than It Costs Canada

Episode Date: September 8, 2026

Scott Galloway and Jessica Tarlov break down a packed Tuesday, starting with the news that Canada's counter-tariffs are officially in effect — and Trump is escalating rather than negotiating. In rec...ent days he has threatened to bar Bombardier from the U.S. market unless it builds there, accused Canada of blocking American banks and companies while benefiting from American customers, and floated ending all trade with Canada entirely. How does this end? The Republican National Committee is holding its first-ever midterm national convention this week. Unlike a presidential nominating convention, there is no party business or nominations, which means it's shaping up to be a two-night Trump rally. Scott and Jess break down what to expect from the event, and why Democrats aren't hosting something similar. Is it a missed opportunity? An Israeli newspaper is reporting that Prime Minister Netanyahu was personally warned by UAE President Mohammed bin Zayed that Hamas was planning a major offensive roughly ten days before the October 7, 2023 attack. What implications does this have for the ongoing conflict in the region today? It has now been three months since Mitch McConnell was last present in the Senate. Will Republicans start publicly demanding he resign — and what happens to his seat if he does? Plus, the Trump administration has proposed a new child care subsidy that would let married couples in certain income brackets collect money if one parent stays home — funded by redirecting money from the $12 billion Child Care and Development Fund, which was created to help low and moderate income parents work or attend school. The program currently provides about $9,000 per child per year. Who benefits from this proposal — and who gets left out? Preorder "I Disagree" by Jessica Tarlov: https://sites.prh.com/idisagree Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Starting point is 00:01:18 Bombas, comfort worth calling for. Go to bambas.com slash audio and use code audio for 20% off your first purchase. That's BOMBBAS.com and use code audio. Support for this show comes from JustWorks. Small business owners love to roll up their sleeves and get things done. But that doesn't mean you should spend your Saturday night staring at tax and payroll forms, especially when you should be strategizing your next move. That's why JustWorks handles the stuff you can't afford to get wrong.
Starting point is 00:01:47 It's intuitive software plus real people, all working to help keep your eye on the big picture. So instead of stretching yourself thin, you can focus and shoot. your small business shot because you don't have to worry when it just works. Head to justworks.com to learn more. Welcome to raging moderates. I'm Scott Galloway. And I'm Jessica Tarlove. So Jess, we're sold out for your book. Ninety Second Streetwide. We sold out whatever it is, eight or nine hundred seeds. I know. I'm excited about it. It'll be a great discussion. I love the people, love the pod, obviously, and hopefully they'll love the book, too, since they'll be getting it. Yeah, I think I'm more excited about you in the book, then the pod. Also, pre-order the book? You can pre-order right now. Pre-orders are really important
Starting point is 00:02:39 for the bestseller list, and it kind of success creates success. So if you have the inclination, please go to Amazon right now or wherever you buy your book and pre-order. I disagree. Winning arguments without losing friends today. The link is in the bio. And also, please make sure to hit subscribe to support our show. This is the most stressful thing that I've ever done, by the way. I mean, I know that, like, actually writing the book, not that big of a deal. Like, the promo is soul-crushing. Don't you find that?
Starting point is 00:03:11 Oh, I found the opposite. Yeah. I thought the marketing was easy. Well, and you're a natural marketer, and I have to really, like, psych myself up. I think to market a book, you have to be a bit of a shit-eating salesman, which comes naturally to me. And writing a book, you, the right, I think that, it's so interesting. I think the written part is much more difficult because you actually have to say something that's original and fact check it and make sure that, okay, is this really accurate what I'm saying here? Does it foot back to what I said in chapter three? So it's interesting that you find this to be the more difficult part.
Starting point is 00:03:46 Well, I'm a very introverted extrovert. So this is kind of hitting on a lot of anxiety that I have from my high school years, basically. And because the book, it's like a memoir, how it's, like, a memoir, how it's. to mash up, a lot of it is so personal. And then I'm like, oh, my God, why did I put that out into the ether? And now I'm having conversations about it, you know, during the interviews. That's right. I'll come back to haunt you and traumatize your children, but don't worry about it. Sorry, girls. Sorry. Mama's got to publish. There you go. So let's get into it. Canada's new counter tariffs are officially in effect, despite escalating threats from Trump in recent days, including an announcement yesterday, the Bombardier will be barred from the U.S. market unless it builds there. Cues Canada of blocking American banks and companies while benefiting from American customers and even floated the idea that he might end all trade with Canada.
Starting point is 00:04:38 He also posted an image of him and Prime Minister Mark Carney as hockey players with Carney on the ice and Trump shouting, get up governor. Nice, right? Get up governor? Like, you kind of can't hate this guy enough, right? Yeah, look, one of them, one of them is a leader who acquits himself with dignity and grace and is befitting of his position. The other is Donald Trump. This is just, I mean, we're almost becoming sort of numb to these distractions around how embarrassing they are. And let's talk a little bit about the tariffs.
Starting point is 00:05:13 This is kind of like, remember that, but did you ever see the movie The War of the Roses with Michael Douglas and Kathleen Turner? Forever ago. Yeah, forever ago. But basically a very hostile divorce, but they decided to stay in the same house. that's what this is. There are cars and auto parts that cross the border, Canadian-American border, eight times before final assembly. You can't undo this marriage overnight. It's taken 30 years of NAFTA and all sorts of agreements. This is like a divorce where you live in the same town, go to the same church, and shop at the same Walmart, and live in the same house. There's just nothing
Starting point is 00:05:54 nothing they can do. And like all tariffs, the person who initiated it likely ends up on the losing end of this. There are alcohol exports are down 80% from the U.S. because Canadian consumers have something American consumers don't have, and that is resolved. And that is American consumers are like, whatever, Trump, what's he doing? Canada, I don't care. I'm going to go back to watching you know, beef or whatever my favorite streaming program is, whereas Canadians are rallies. behind us. They are really upset and angry, and they are, they are buying specific products that damage specific states. And kind of the tell here is $25 billion is landing inside of U.S. states, Michigan and Texas. And, I mean, they're going after the heart and lungs of some of these
Starting point is 00:06:46 red states. This is kind of like threatening to stop talking to your business partner of 30 years, because you won't let you renegotiate the deal every six months. This, again, is another attack on the structural. What has been probably the greatest unlock in prosperity in America has been international commerce and international trade because we have a tendency to produce higher margin, higher value-add products that result in greater market capitalization. So every dollar in international trade accretes a disproportionate amount of shareholder
Starting point is 00:07:18 and stakeholder value to the U.S., including our trade with Canada. You just can't hate this guy enough. 25 billion in the main scheme of the 700 billion in trade that we did with them last year is small. It does, I mean, it's meaningful. It hits certain states and manufacturers really hard, which is intentional. I'm overwhelmed by the contrast between the precision with which Canada is doing this. and the slop factory that seems to be our trade apparatus at this point. And I had been told at work at Fox, some of my colleagues thought they would sort this out.
Starting point is 00:08:06 They were like, oh, maybe even on Labor Day, right? While everyone is out grilling, they'll figure this out in Jamison Greer. He's a really smart guy. And he'll fix this. And he was the one, apparently they were close to the finish line on a deal. And then I think it was Lutnik that swooped in and messed everything up. But we have no reporting that there has been anything close to another round of negotiations or a deal, which is foreboding. And puts Canada, I think to some degree, in the same bucket of how Iranian leadership is thinking about the next few months,
Starting point is 00:08:47 which is that they know that Donald Trump has his back against the wall. They know that Republicans are sheepishly going along with everything that he's doing. They're privately panicking, running back to their districts, you know, thinking, I have to find some way to smooth this over. But God forbid, they actually say to the man's face, what are you doing to this country? What are you doing to average Americans that are just trying to make a living? And I certainly don't mean to comp like, you know, Ayatollah Jr. and Mark Carney. They are different breeds. But I'm saying that on all fronts, Donald Trump is picking fights with people who can really hurt him and can hurt Republicans in the future.
Starting point is 00:09:33 And something that stuck out to me was that Canada held its first defense coordination talks with China in over eight years, just a few days ago. So this is a thaw in military to military communications. I was talking about this with Aaron on Raging Perspective last week or the week before or just the saw in relations because obviously this happened only a few days ago. And he was saying, well, is there a world in which someday China could get a military base in Canada, for instance? And that feels like a stretch to me. But the fact that Mark Carney, Macron, are so open to the idea of parading around with the Chinese and thawing these kinds of relationships that have been frosty for very good reason sends a real warning shot across our bow for the future of this.
Starting point is 00:10:28 Because they are making plans for past 2028 when hopefully a Democrat wins, but at least when there will be a new administration coming in a couple months. after that. And when I saw that reporting, I thought like, oh, this is real serious. Because we don't have people who have a strategic bond in their body, we don't cooperate with our allies. We're under the impression that we're the only part that matters in not recognizing the last 80 years. Our strength has come from a whole that's greater than the sum of its parts in terms of our alliances and democracies and being seen as a good guise and realizing the cooperation and competence or more in power, more, you know, best sort of intimidation and what is perceived as
Starting point is 00:11:13 raw power. What I think kind of the next major, if the Defense Secretary and the Secretary of Commerce and our talented diplomatic corps and our president had any sort of long-term thinking, they would be focused on the following. They would be trying to form alliances with Greenland, Nordic countries, possibly even China as a means of trying to thaw relations there. in Canada to develop secure shipping and military routes across the Arctic. Because of global warming and because the supply chain and supply routes in the Gulf have been under such tumult and pressure, probably the next playground or football field of geopolitical power in terms of who leaks it and who seeds it is going to be fought in this boring
Starting point is 00:11:59 place with Sir David Attenborough talking about polar bears. The Arctic is going to become increasingly important. important strategically in terms of shipping routes and supply chain. And that's where military cooperation will begin, is that Canada, if I were, if Gina Ramunda were still the Secretary of Commerce, who if she was six inches taller and had a deeper voice, would probably be a candidate for president, which she would probably be doing because she was very smart, is figuring out trade alliances across the Arctic that strengthen our military alliances, because I think that is, it's the boring shit that wins over decades and long-term thinking that I would be really scared
Starting point is 00:12:43 of Canada developing a relationship with China and Russia or on cooperation around Arctic trade routes, which are becoming increasingly important and feasible because of technology and the thawing of all this ice. But we don't think that way. Instead, we make this management rookie mistake of letting the CEO wake up with a temper tantrum and decide what new tariffs should be. Instead of letting a competent Secretary of Commerce think thoughtfully, as we have done for the last 80 years around constructs and tariffs and duties and cooperation that result in staggering prosperity. He's literally unwinding what has been an enormous source of prosperity.
Starting point is 00:13:25 Senator Slacken estimates that Michigan households are going to have an additional $5,000 burden. And if you think of a $5,000, that's after taxes. You have to make, you have to make $7 or $8,000 in salary. That's 10% of the average household income just because of the self-inflicted wound of tariffs. And this will, in the short term, hurt Canada more than it hurts us. And to be clear, Canada is not fresh out of stupidity. Canada has not grown their economy in 10 years. It is not a well-run economy. But the difference is, the difference is, the The reason why they will ultimately win this trading war, despite registering more pain, is because they have the support of the Canadian people.
Starting point is 00:14:11 The Iranian populace is under enormous economic pressure right now. Supposedly, their monthly purchasing powers come from $320 to $80 since the beginning of the war. I mean, the economy there is literally collapsing, but what do they have? I won't call it support, but compliance with their leadership, whereas in the U.S., you have a president where two-thirds-plus of the populace is scratching their head and going, what the fuck is he thinking? None of this makes any sense.
Starting point is 00:14:39 So, again, more term, you know, more near-term macho and ridiculous memes of hockey players that are insulting and just childish. And again, we're trading off the long-term prosperity of the U.S., short-changing what has been just, again, can't see the force for the trees. every dollar of trade we do with Canada results in much greater shareholder value to us than to them because of our IP intensive products. Agreed. And it is the question of the day,
Starting point is 00:15:10 question of the month of the year. What is he thinking? And this underlies every topic that we're going through. And it's not just because we have TDS or whatever. Like, I don't actually. I scan social media. I,
Starting point is 00:15:30 go and look for the counter opinion. Like, who thinks that this is a good idea? And besides a few influencers that are on a payroll, you don't have people of substance, even people who believed in, you know, America First tariffs to begin. And they're not updating talking points. They're still talking about, you know,
Starting point is 00:15:52 the largest unprotected border. Like, who gives a crap if there's an unprotected border with Canada? You're not getting a stream of illegals who have drugs shoved up their butts coming across the border from Canada. They're going to like Niagara Falls or coming to see a Broadway show or, you know, hanging out, going to see the lakes, the Great Lakes, that will continue to have their names. It's just relentless stupidity and it doesn't make any sense and feels increasingly like this, you know, take grandpa's keys away. but no one will do that. And I can self-flagellate no longer about Joe Biden.
Starting point is 00:16:34 I get it he wasn't up to the job. We paid the price. We lost the election. Like, when are you going to focus on the actual problem, which is that Donald Trump certainly has more energy than Joe Biden did, but he cannot do this job either. Support for the show comes from Upwork. Every business owner hits a point where they need to bring an outside expertise.
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Starting point is 00:19:27 It's intuitive software plus real people, all working to help keep your eye on the big picture. So instead of stretching yourself thin, you can focus and shoot your small business shot because you don't have to worry when it just works. Head to justworks.com to learn more. So speaking of Trump, the Republican National Committee's first ever midterm national convention is this week, tomorrow on Thursday. Unlike a presidential nominating convention, there's no actual party business or nominations to attend to, which means it's shaping up to be basically kind of a Trump rally style event. Trump is slated to speak both nights. What are you expecting from this kind of Trump-a-Palooza event? So I was at the RNC in July, 2024.
Starting point is 00:20:18 It was actually my first week back from maternity leave, like talk about being thrown in the deep end. And it was, you know, days after the Butler assassination attempt. And Biden was still the nominee. And I remember thinking, like, we're so fucked. Like it was so cohesive. Everyone was on the same page. All the people who attended were walking around like they were at Disneyland, right? And they had the different contingents from the various states.
Starting point is 00:20:51 There was an error of invincibility about it, which ended up being true, even though the transfer happened and Kamala became the nominee. And we did have a good DNC. We were both at that as well. But I even said when we were talking to the DNC, like it did not match. the energy of what was going on at the RNC. And it was this coming together of, you know, scorned J-Sixers who thought that they were robbed, but also normie Republicans who felt like the Biden years were catastrophic, right, and that we needed a real change in direction, a new economic plan, new leadership on the global stage, et cetera. And so you look at the contrast
Starting point is 00:21:33 from that event, which even, you know, a dyed-in-the-wool liberal can feel was electric versus what is going to be happening in Dallas in the next couple of days. And it's like total deflation. So they have, they can't sell tickets. They now have a lottery for free tickets, including front row tickets and VIP meet-and-greet kind of events. The speaker list is just what you'd expect. I mean, basically his whole cabinet. I love that Todd Blanche is speaking at a political rally. I understand that the guy is just a political appointee at this point, you know, with confirmation, but that he's there to do Trump's bidding.
Starting point is 00:22:14 But there is something about having the attorney general speak at an RNC that just hits different, right, than the HHS secretary or commerce or whatever. It was really interesting. There's a woman who I was following on Twitter who, you know, real hardcore mager person organized the Save America rally on January 6, like a true believer type person who is fuming over the fact that the GOP is not paying attention to the fact that they have a woman problem, which I feel like there are always like five women that are screaming this as we head into an election. But she pointed out that the speaker list has 47 people on it
Starting point is 00:22:54 and only five are women. That doesn't surprise me, but it's interesting that it's sticking out to folks. Politico went out and surveyed 70 GOP House members to ask if they were going. 45 said that they weren't going to go. Even big names like James Comer, for instance, isn't going. I thought this was interesting from Tom Barrett. He's a Michigan congressperson, has a tough seat that he's defending. And he said, I just felt I'd be more useful in my district. I travel a lot for this job. And if I can be back home and see my family and do the job back home as well, then that's sort of what I'm leading toward doing. And then they asked him if the president's remarks would cause problems. He says, I can't control what the president's going to say at the convention, but I can control
Starting point is 00:23:37 where I'm at and what I'm doing. And another Republican who didn't give his name because being anonymous, when you call it a quote, waste of time is probably better, said the planning's been a mess. And you shouldn't have to rally your base at this point. You should be trying to convince independence. Independence are not attending or watching the midterm convention. Totally true, and I love this. I think you will too. James Talariko, his counter programming for this, he's doing a grocery drive distributing thousands of groceries to Texas families who are struggling with rising prices. Yeah, I thought that was really interesting. It feels as if, again, the analogy here is Trump has become political Chernobyl, and that is don't get near or you'll
Starting point is 00:24:19 eventually get leukemia. And it's just hilarious. singing all the gymnastics and, you know, explaining that these Republicans' excuses they're making for not finding time to go to this gathering. And I do agree that the Republicans have done a better job around events than the Democrats. I went to the 94 convention.
Starting point is 00:24:41 It was armed in the 96th convention for Democrats in Chicago. And then I went back again for this latest convention. I hadn't been in, what is that, 28 years. I don't think I knew that. I went with Kara. and I got there and they called me and said, there's a problem with your credentials.
Starting point is 00:24:55 You're not going to be able to get in. You haven't cleared security. And I thought, oh, God, what did I, you know, someone's edibles showed up in the wrong place. And I did all these, what I thought were funny TikToks from the Nobu hotel saying, release me. Anyways, finally I did get in. But the Republicans do events better.
Starting point is 00:25:12 What I don't get is, and I think this is an opportunity, not a business opportunity, but it feels as if we're sort of desperate or Jonesing for a great, kind of what they do at CPAC, a great, we have so many compelling, articulate personalities right now who are all of a sudden deciding shocker that, oh, well, I'm in South Carolina because I'm running for president, Governor Newsom, and by the way, really well received there. Mayor Pete is always compelling. J.B. Pritzker is putting together a pack. He's clearly running. I mean, there's all these compelling voices. Ram Emanuel is actually
Starting point is 00:25:49 talking about real ideas. And it feels like we're jonesing for there's an opportunity to have, I think they should have counter programmed an event. I think it would have been so much more interesting with potential Democratic nominees. I think it was a big, a missed opportunity on behalf of the Democrats, because I do think Republicans have done events just much better than Democrats over the last several years. Yeah, I mean, I know that they considered it, and there are actually a bunch of people have been thinking about this counter-C-PAC idea, like Molly Jong-Fast in particular. I know, and I've spoken to her about that.
Starting point is 00:26:25 You know, Democrats, my understanding is really felt like that they need to be about the work right now and not to be seen as, you know, folks going and also celebrating something was still two months to go. You know, it's like hard to hit that messaging properly. And I think also a lot of the swing district, Democrats, want to be on their campaign trails, right? Like, they don't want to necessarily be seen schmoozing around with 2028 potential hopefuls. Like, maybe it'll feel like a reminder of 2024 or past promises. Like, it's a big turn-the-page moment.
Starting point is 00:27:05 But it has always been strange to me that for all of the awesome Hollywood bona fides that we have, right, the people who identify as Democrats, fundraise for Democrats, et cetera, that then our events can fall short of those things. And I mean, looking back at it now, you know, remember how thrilled we were, obviously, with like the January 6th committee hearings, which were, you know, beautiful and hyperproduced and things like that. And then people look back and they're like, oh, shit, like we didn't really get anything out of that, right? people just, they didn't care that much, actually, about January 6th and they, you know, show up to vote because school supplies are up 40% or not. I think it's a misopportunity. I think if you put everyone from AOC to Senator Kelly on stage, you would get some great clippable moments that would highlight just how strong our team is. I don't think I've seen a bench for Democrats this strong. My point is every, I think right now the Democrats have never been more telegenic and shown better. I just think that putting them in one place, tapping into their Hollywood roots, getting the right production values, getting the right moments to write uplit, you know, hero shots, have Asov come out and do his Camelot thing, have, you know, have Governor Shapiro come out and talk about Pennsylvania and what's like a bishop.
Starting point is 00:28:39 cheer to talk about leadership in a red state or a purple. There would be so many clippable moments. And then you contrast it with what it's just going to feel like a sad, lame party that no one's showing up to, which I just think the contrast would be really striking. And this is a, in my opinion, a real missed opportunity. I just realized also we don't have any money. And they have a ton of money. So maybe that was part of it. I bet they could raise the money. I bet they could do it overnight. Like if you're sitting at the DNC right now, And you're like, oh, this is historic bad situation in terms of what the RNC has. No, you're right.
Starting point is 00:29:17 So just along those lines, you bring up an important point. The party is flush with cash. The Republican Party National Committee has a ton of money. And basically, the Democrats have none in debt. What's interesting, and you pointed this out, is that the candidates themselves are raising a shit ton of money. It's just that it feels like the leadership. the DNC is, in a word, incompetent and can't raise money. And this is a real issue. And I wonder, what have you heard? I feel as if I'm woefully out of touch here. What's happening at the DNC at kind
Starting point is 00:29:54 of party headquarters? They're kind of riding the bad press out. I mean, there has been some discussion about, you know, layering Ken Martin's leadership. There's nothing to be done, obviously, heading into the midterms, but I think there are going to be a lot of folks who feel like there will need to be new blood in that position for 2020. So it's been a bit of a lull after a slew of very, very bad press, you know, surrounding parts of the autopsy that didn't get published, even though that story actually was much of a muchness, but it certainly, you know, hit the proverbial airwaves. And folks feeling disappointed that at this time, when there are record numbers of Democrats and also independents that are unhappy with the direction of the country and the Republican Party that they can't fundraise and how the Asofts and the Tala Rikos and the shared browns of the world can be pulling in, you know, tens of millions of dollars, but that people don't feel like our infrastructure is worth trusting with those dollars.
Starting point is 00:31:00 You look at like, you know, we spent $2 billion to lose in 2024. And when you look at the spreadsheets of, you know, where some of that money went, people are like, actually, you know, I trust Roy Cooper more personally to decide how he's going to spend that money or Mary Poltola or Troy Jackson, which I don't think is a bad thing, honestly, to send a message. One thing to also bring up that this convention will be going on on the one-year anniversary of Charlie Kirk's assassination. So that will be a big plot line, just very, you know, tough, harrowing stuff that, you know, something like that could happen here and to, you know, a young father. But I'm sure that that will be featured very prominently in a lot of people's remarks and trying to make that part of the conversation going into the election again, right? that the left is a bunch of violent predators.
Starting point is 00:32:03 And that takes attention also off of prices and the war in Iran and terrafor's and, you know, that Donald Trump is up tweeting AI images of him. I'm just throwing that in there. I guess I did imply that they would be using it in some way and I'm not trying to diminish at all what happened to Charlie and how terrible it is. But it does stick out to me, you know, the timing of it. Yeah, look, I think we have a correct and dignified zeitguise where we air to the upside on people's legacy after they've died, especially with the murder as horrific as Charlie Kirk. And he deserves a lot of praise for his courage going right on to campus and trying to foster a really important dialogue.
Starting point is 00:32:53 but also I don't, at some point, I don't think you got to put away the lipstick on the pig, and that is, I think the legacy of Charlie Kirk is not a good one, and it's this false non-data-supported notion that fertility rates and happiness are inversely correlated to a woman's professional success. Charlie Kirk and his accolites evangelized and promoted this lie that when women go to work and develop economic security and the same success men have enjoyed and aspired to that somehow the results in depression and loneliness. And the data just doesn't support that. Fertility rates go up with a woman's income. And so I think as much as his death is horrific, as much as I think he deserves real credibility and praise for how he approached politics,
Starting point is 00:33:48 his legacy is a damaging one. And that is this, what I think is just basically, misogynous notion that when women try to garner some of the same success men have enjoyed and enjoy the rights that they have fought hard for, that somehow that results in them being lonely and unhappy. It just isn't true. Women being successful results in greater fertility and greater options and not needing to hang out or be economically indentured to someone because their rights have been denied to them or incorrectly conflated with some sort of loneliness that, yeah, if you get a graduate degree, ladies, you're going to end up in Lexa Pro alone. The data does not bear that out. And that, quite frankly, I think, will be his legacy. We are getting way off
Starting point is 00:34:38 track here. I'm going to reel this back in and go across the globe to the Middle East, where an Israeli newspaper is reporting that Prime Minister Benjamin Netanyahu was personally warned by UAE President Mohammed bin Zayed, that Hamas was planning a major offensive roughly 10 days before the October 7th, 2023 attack. Just thoughts on the implications of this news with respect to the conflict in the region today? I think it's a really big deal. And I mean, we'll see how much coverage it gets. I mean, it was just bubbling as we were, you know, doing finishing touches on the rundown for today. but that's the kind of reporting and from a very credible source
Starting point is 00:35:21 that stops you in your tracks. And, you know, the Netanyahu administration has said, it's an absolute lie. That's also what they said about the reporting that Egypt warned Israel days before the attack,
Starting point is 00:35:36 three days before. And a U.S. congressional panel chaired by a Republican by Mike McCall, who is no rhino or anything like that, that was their finding that Egypt had worn them. So now you have the UAE and now you also have Egypt. And there are elections coming up next month in Israel. And I imagine that this is going to have a very big impact on it. You know, there are certainly wide swaths of Israelis. And I believe it's still a majority opinion that they have been, you know, happy with how he prosecuted the retaliation after October 7th. But what he's, he was doing in terms of trying to subvert the Supreme Court there, trying to silence,
Starting point is 00:36:24 you know, free expression and an independent judiciary and how people generally feel about him. They're ready to turn the page. And I think seeing something like this, and there will no doubt than be more reporting to come out of the intricacies of these warnings. And there are some people that I follow from the national security community that have, you know, flares that have been going up for not just three days or a week and a half before, but years before. Because Sinwar did not plan this in a couple of months. This is like, you know, I mean, it's not at the same scale as 9-11 as we approached the 25th anniversary this Friday. But I'm saying this is the type of thing that takes that kind of planning, right, and that people spend years thinking about
Starting point is 00:37:11 And I don't know, my heart really sank when I saw that because your mind goes to the potential worst case scenario, which is that he kind of shrugged his shoulders at this and just said, like, either it's going to be a lot smaller than we think or it's going to be isolated to the settlements, which that was part of the reporting. That's what he thought would happen. But you start to think, like, even if they had no warning, Mossad taking eight hours for a response doesn't feel like them. Right. Like Mossad is one of the most, the most efficient fighting force, security apparatus, whatever the right term for it is. You can tell how uncomfortable I am,
Starting point is 00:37:56 even that this kind of reporting exists and the damage that it does also to the region. There are a lot of parallels between Israel and America, in my view. One, you have two old men basically running for president and prime minister to stay out of jail. And that you could argue that both Israel is the superpower in the Middle East and the U.S. the superpower globally are in the midst of superpower suicide. And that is the terrible decisions and aggressiveness and alienation of allies and the absolute erosion and destruction in our brands, respectively, globally, are going to be terrible for future generations of Americans and Israelis.
Starting point is 00:38:35 I think Netanyahu is almost, as Ram Emanuel said, put a target on every Jew in the diaspora. As someone who is very, thinks of themselves as very pro-Israel, it has become increasingly difficult to defend the actions of Netanyahu. That this is, I mean, this has become such an, the poor, the poor decision-making and the clinging to power of Netanyahu has been disastrous. for Israel. And the real pain isn't going to be felt for 10 or 20 years, because if you look globally, when I was 25, Israel were the good guys. It was in Tebi. It was Munich. It was an incredible, decisive military operations that, quite frankly, knew when to stop and pull back. And we've become,
Starting point is 00:39:27 when I say we, Israel, and by larger association, Jews have become the bad guys. And three quarters of people my generation support Israel, three-quarters of a younger generation does not support Israel. And at some point, those people are going to have the reins of power around decision-making. So there are few people who have done more damage long-term to their nations than President Trump and Prime Minister Netanyahu. And after the attacks of October the 7th, I decided to go to Israel. And so I went to Israel, and I did a tour of the Gaza envelope and the effect at Kibbutzs. I went to Kabbutz, I think it was Faraza. And I thought I was going to feel real sadness. And I felt some of that, but more than anything, I felt anger towards Netanyahu. Because as I learn more about how this
Starting point is 00:40:19 whole thing played out, first off, the listening agency of the Mossad discovered that in the hours before the attack, the days before the attack, that 1,500-plus members of Hamas had switched their SIM cards to SIM cards that would work in Israeli territory. They knew something was going on. And then when you see the field and you see the envelope and you can literally look over from the kibbutz into Gaza, this is going to sound unfilling. I'm like, how the fuck were they're not helicopter gunships out here
Starting point is 00:40:53 within about 11 minutes, taking Hamas out? Because this was the deal, in my view, the Israeli populace had with Netanyahu. that was, you are way too extreme. We are uncomfortable with the alliances with the far right. You have struck that do not represent the broader populace to maintain power. But in exchange, the populace believed, okay, this guy is a hawk, but he will keep us safe. And as Israelis, that is a key consideration. That was the deal. This guy is an extremist. He is out of touch. He may even be a criminal, but he, as a former military man, will keep us safe. And guess what? He did
Starting point is 00:41:33 not. October the 7th should not have happened. And when you do a tour of the Gaza envelope, they still have not answered the question. How the fuck did they let that happen? How did they let the devastation, the violence, and the abject depravity take place with what is one of the most sophisticated militaries and intelligence units in the world? He failed dramatically. There needs to be a reckoning. And I hope it's more than just at the ballot box. And by the way, Golden Lair, who's considered one of the greatest female leaders of the 20th century, she came to power because of the reckoning of another military failure where, to the Israeli public's credit, they are good at doing an honest appraisal and having a reckoning, but October the 7th deserves
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Starting point is 00:43:55 your wrist or look nothing like the picture. Does anyone have any cash? Give it a try at mintmobile.com slash switch. Up front payment of $45 for three months, $90 for $1 for $1.20 plan required, $15 per month equivalent to taxes and fees extra. New customer offer for initial plan term only greater 50 gigabytes may slow when network is busy. See terms. All right, Jess, we have only a little bit of time, so we'll do kind of a lightning round here. McConnell and stay-at-home parent tax credit program. Thoughts on either? Mitch McConnell, would you please stand up? I mean, now we're hearing that he should be back sometime in September. Like, nothing new except how unacceptable this is and that the people of Kentucky are being deprived of representation, which is not fair. I don't really think
Starting point is 00:44:41 that he's dead, though. I think we would have to know at this point. But I think you said it last week that you think that he's really not functioning when they say he's in rehab. This has gotten so ridiculous. And it's such another indication of how badly we need term limits in age-gating
Starting point is 00:45:00 or at a minimum, some sort of cognitive testing. So McConnell is a senior senator representing Kentucky. He's a huge voice. He can't show up for votes right now. if you had the CEO of a company who hadn't shown up for 90 days and no one could verify that he was actually able to speak, about 45 days ago, we would have already had a new CEO. You can't let this go on. You can't, you can't let someone just call in. They don't even call in sick. Their representatives call in and no one knows what's going on for 90 days.
Starting point is 00:45:34 This is, this is beyond insane. And then again, just moving on to the the child care thing. The subsidy, again, similar to everything we do in housing, it's focusing on demand. It's a basic lack of understanding of economics. And that is rather than giving people access to low-interest loans or first-time homebuyers credit or low-income housing tax credit, that creates more demand, which increases prices. This is a supply problem. We need more child care. We don't need, sure, give people money so they can afford it, but all that does at the end of the day, when you artificially give money or create demand on both housing and child care, all you do is raise prices and make it less affordable. Again, this is another subsidy for the people
Starting point is 00:46:23 who already have money. It's like the one thing I hate is, or I have real issues with is school vouchers, because basically what it ends up being is a gift to people whose kids are already in private school as a subsidy. And I feel this is the same thing. Again, the government decides to juice demand without addressing the real problem and that supply. Well, they're also taking money that's already been appropriated for people who actually need it. I mean, this $12 billion child care and development fund, which is from the 90s, it's the Clinton era fund, is currently helping 1.3 million children per year. People who have working parents and they need to get them into a daycare, most of those families are single working mothers. the saints of our society.
Starting point is 00:47:06 So I get it that J.D. Vance wants a, you know, a pro-family win when they head to the ballot box. But it is rare to get condemnation of a policy from all corners of the ideological spectrum, but this one is managed to do it. So hardcore Republicans don't like it because it's another quote-unquote government handout, right? And they want smaller government. Some of them even did admit that you would be taking it from lower. income families because it's not like we're appropriating more money. So hat tip to you, you know, the five of you that actually cared about poor people. Then they also pointed out that people who are here illegally could apply for it. So this would be going to the children of
Starting point is 00:47:48 illegals and you know how the Republicans hate that. Even conservative think tanks are saying like, yeah, we want to support stay at home parents for sure, but this isn't the way to do it. You can't have them competing for the same dollars that are already being used. And frankly, there aren't enough of those dollars anyway. Think about that, a $12 billion fund considering how hard it is out there, let alone for these single working parents. And liberals are pointing out, as I just said, you know, the main problem with it being that you're just taking money from a kind of family that you might not like or, frankly, you might not vote for you and give it to someone who you think that it will. It is interesting to.
Starting point is 00:48:30 see, like Rachel Campos Duffy, Secretary Duffy's wife, who co-hosts Fox and friends, she likes this policy because she thinks that it's pro-family. And conservatives that were pushing back or arguing, oh, this is the slippery slope. That's where we get to, oh, we should just fund Obamacare subsidies because this will help people. And that's how the two parties just become these massive spenders. And I'm like, your party already spends more than us anyway. Like, look at what Donald Trump does. Yeah, but to your point, paying one parent to not work as a subsidy.
Starting point is 00:49:00 for a certain type of nuclear family value system or structure, it does nothing for child care capacity. It doesn't create a single new daycare seat while 400,000 kids sit on wait lists. Again, the proposal here is a demand side proposal which doesn't buy a single new classroom, which is the real problem. The problem here is supply.
Starting point is 00:49:25 With that, Jess, let's leave it there. Support for this show comes from JustWorks. Small business owners love to roll up their sleeves and get things done. But that doesn't mean you should spend your Saturday night staring at tax and payroll forms, especially when you should be strategizing your next move. That's why JustWorks handles the stuff you can't afford to get wrong. It's intuitive software plus real people, all working to help keep your eye on the big picture. So instead of stretching yourself thin, you can't.
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