Raging Moderates with Scott Galloway and Jessica Tarlov - The Real Housewives of the Oval Office (Feat. Anthony Scaramucci & Gov. JB Pritzker)
Episode Date: March 4, 2025Jessica Tarlov gets the inside scoop from Anthony Scaramucci—the man who lasted 11 wild days in the Trump White House—on where Trump fumbled in his meeting with Zelensky, what really went down dur...ing his short but chaotic tenure, and why Elon Musk’s growing influence in government should have all of us paying attention. Then, Illinois Governor JB Pritzker joins the conversation to break down the creeping authoritarianism in the GOP and make the case for why Democrats need to get back to basics—like fixing the economy—if they want to win big. Follow Jessica Tarlov, @JessicaTarlov. Follow Anthony Scaramucci, @Scaramucci. Follow Gov. Pritzker, @GovPritzker. Follow Prof G, @profgalloway. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Welcome to Raging Moderates, I'm Jessica Tarlov.
Scott is off today,
but I've got the great Anthony Scaramucci on the show.
Anthony, welcome.
How are you doing?
Thank you for joining me.
Well, it's very sweet of you to bring me on.
And I haven't seen you in the flesh in a long time.
We used to work at Fox together.
People forget that because it's probably a decade now,
but I hosted Wall Street Week for Fox Business.
And we used to be able to share the set together
on the Fox News channel and also Fox Business.
So it's great to be with you.
Yeah, those were, I can't believe how long ago that is, but also how long I've been there.
When anyone asks about it, I'm like, it's my entire media life has been at Fox, but that was
great. And Wall Street Week was such a great and I don't want to say serious. It was obviously
serious. There was some levity to it, but it was so substantive. That's the word that I'm looking for.
Wall Street Week was so substantive.
Look, Maria Bartiromo, a very good friend of mine,
is still doing that show.
She calls it Maria Bartiromo's Wall Street.
And so the show had legs.
And I got the education of my lifetime
because I left Fox to join the Trump administration.
Yeah.
And so it's been the education of my life.
Well, we still talk about your tenure there, Scaramoochies or a Scaramoochie is a, I don't
want to say daily use.
I mean, certainly on the internet, it's a daily use, but we think about it.
But you have unique perspective.
Yeah, listen, I'm just glad that the president, when the president goes after me on his true
social account, he does use 11 days.
And I think he should be the official scorer
because some of these journalists that don't like me,
they use 10 days and that hurts my feelings, Jess.
I don't wanna have my feelings hurt.
Why chip me at a 9.1% of my federal career?
No, it's interesting that he's the one
that's more generous about it though.
Yeah, yeah.
Well, I mean, he knows, he knows.
He knows exactly.
There are some things he does know
and he knows exactly how long someone worked for him.
Exactly, he lies about a lot of things,
but he's got my employment tenure correct.
All right.
Well, I'm always searching for positive things
to say about him, so now you've given me one.
Yeah, well, I could say other positive things about him.
Yeah, wait for the show.
I was kidding.
I have some good things.
I have a list that I always go back to.
I talk about the Abraham Accords.
We'll always do that.
But he's not always the most generous.
He has tweeted and then posts getting kicked off Twitter.
He has true socialed about me.
But he never gives me an extra 9.1% of anything.
It's always pretty brutal.
What doesn't kill you makes you stronger.
Hey, at least you're in the space. I want to be in Trump's headspace and I want to be one of his irritants.
I think you're pretty effectively doing that, but let's hope that we can continue to push that goal
forward in today's episode. So we're going to be talking about Trump's explosive meeting with Zelensky,
the state of the free press and free speech
in the White House.
And later on, I have an interview with Governor Pritzker
to talk about how he's standing up to the Trump administration.
So, Anthony, let's get into it.
Last week, I think saying it got heated
is an understatement of what went on in the Oval Office.
Donald Trump and Zelensky's meeting
turned into a full-blown shouting match.
Trump berated the Ukrainian leader
while Vice President JD Vance questioned whether Zelensky had shown enough gratitude
for U.S. support. Zelensky left early, the press conference was scrapped, and Trump later posted
that Zelensky can return when he is, quote, ready for peace. Where do you think this leaves U.S.-Ukraine
relations and what's your general response? I've seen some of your posts on social media,
but for our audience, can you just talk about,
you know, your gut reaction to what happened
and where you think we are now?
Well, first of all, I maintain that that was a setup,
and I maintain that the way J.D. Vance,
Vice President Branst, went after President Zelensky
was a setup, and it was contrived.
And I, you know, I watched it now several times.
I think the one thing that President Zelensky did
which I wish he didn't do was he said,
you're protected by this ocean,
but you'll see what will happen.
And that obviously antagonized Trump.
But the outcome of that would have been the same
if Zelensky was Mother Teresa in that meeting and he was the
combination of Keir Starmer and Macron and other people that have been lauded by the
press for doing well with Trump, it's still that would have been the outcome. They were
trying to get that outcome. They were trying to eject him. For some reason, they've aligned
themselves with the Kremlin. They use Kremlin talking points when they're talking about the Ukrainian situation
and the country, Ukraine.
And that's fine. I don't agree with it, but that's them, right?
So they went hard at him. Trump is a television producer.
He even admitted that this is good TV and reality television,
which Trump was a star of for many years,
you need conflict.
And so this is the conflict set up.
It was sort of like watching the real housewives
of the Oval Office when they were doing this
to President Zelensky.
And I think it has real ramifications
for the United States.
I just wanna give you this analogy
and I want your viewers and listeners to think about this.
Let's say you have a blue collar kid
and he rises and his family's got a lot of poor people
in his family and he rises and he's wealthy now
and so maybe he buys a few cars
or maybe he helps out with some tuitions
or plays some emergency medical expenses.
That's one family.
And then the other family, the same thing happens,
and the person builds this big, beautiful mansion
with a swimming pool, and then they say
to their family members, okay, I'm gonna,
you can come over to my swimming pool today,
on a Saturday, but I'm gonna charge you admission
into my swimming pool.
And America has to understand something about itself,
whether they like it or not, the world sees America
very different than Americans see America.
And so how does the world, at least when I was growing up in the world, the world saw
America as a benevolent country, generally.
The world saw America as a peacekeeping country, generally.
Not that we didn't have failures in Vietnam or Afghanistan and so forth, but in general we were trying to
provide a security umbrella for the free world. And you know Trump doesn't
understand this and I tried to explain it to him in 2016 but he dismissed me.
Eisenhower didn't want them to spend the 2%. Eisenhower was the first head of
NATO and he told Marshall don't let him don't let him get to that threshold.
The less military spending around the world,
the better we're a benevolent democracy, we'll spend.
He didn't want Germany to rearm back in the 1940s and 50s.
And so Trump wants them to, okay, world has changed.
I accept all of that.
But let's not pretend that we didn't have
a thought process involved.
Jess, we unevened the trading system
with the general agreement to trade in tariffs.
Why did we do that?
We were 2% of the world's population,
65% of the world's output in the late 40s,
and we were trying to create rising living standards.
So we accepted goods into our country unfettered,
and we were willing to accept some form of tariffs on our goods to protect those labor markets so that we could protect freedom around the world.
Trump now wants to go to reciprocal tariffs everywhere.
A lot of his trade specialists,
I won't go into which ones cause they'll be mad at me, don't like it.
They think a more surgical approach would be better.
And so now he wants to hijack Zelensky.
Zelensky's country was invaded.
1994, we entered into a security guarantee with Ukraine.
They had the sixth largest nuclear arsenal.
We're trying to end nuclear proliferation.
Now we're trying to increase nuclear proliferation. We know that that can't go well, so we're trying to
slow it down. And so then we had something called Operation Porcupine, where we were providing all
this anti-ballistic missile defense, anti-tank defense.
Trump slows down the arm shipments.
He creates space for Putin.
Look, we've got to be fair, right?
We're raging moderates.
Biden mishandled the 2022 situation.
He mishandled it.
They're too surgical.
They should have said to Putin, look, I'm sorry.
That is a neighbor.
You're trespassing on their land.
You're gonna get hit like what happened
with Bosnia and Herzegovina.
We're not gonna hit you in your sovereign territory,
but as your troops cross into their sovereign territory,
you're gonna get hit, that's our security guarantee.
So if you wanna negotiate something
and you wanna have a 10-year impasse on NATO,
or by the way, you wanna try to get back into the G8, no problem, but you can't come into that territory. And he could have made a speech
like Roosevelt made. Remember when Roosevelt said, well, I'm going to lend my neighbor's house is on
fire. I'm going to lend them my garden hose. And then the people of the United States said, okay,
that's lend lease. We're good with it. Biden should have said, hey, look, I'm sorry, they're
trespassing on our neighbor's yard. That goes well in Texas, by the way,
you know, you know, you're trespassing on your yard.
We're going to take the gun out and shoot the guy. Okay, no problem. Okay.
But we didn't do that. And we set the seed for this equivocation.
And what we've done with our military the last 60 years is exactly that.
We take measured steps, measured steps,
and measured steps never work,
and now we've got a good portion of Ukrainian territory
taken by the Russians, and we have an American leader now
that wants to, I guess, let that happen.
I don't know, but I'm against it,
and I think we have to get backbone in the country.
We have to get organized dissent
and we have to explain to the American people
why we're against that.
We're against that because we are for freedom.
We're against that because 5.7 billion people live
under totalitarianism.
We're against that because we understand our history
and we know if we band together, we can protect ourselves. So we're against that because we understand our history and we know if we band together, we can protect
ourselves. So we're against that. But if you're telling me now Trump wants a sphere of influence
and he's going to, I guess, annex Canada and take back Panama Canal and buy or annex Greenland,
and he's going to have a North American sphere of influence and Putin's going to have a partial Eurasian sphere of influence
with the Chinese and we're going to be indifferent to Europe and Eastern Europe and the Western
European democracies.
Okay.
But if we're doing that, we got to litigate that, Jess, we can't just say, okay, we're
going to let that happen.
How are we going to let that happen?
I agree with you. I just also happen to think that the last few years, we just had the third
anniversary of Russia's invasion of Ukraine. There's been ample time for people on both sides of the
aisle who feel the same way that we do about protecting democracies and giving Ukraine the
chance not only to be a sovereign nation, but to even get into NATO and to be part of this group with us,
have had the opportunity to litigate that to the American public, right?
There have been, you know, everyone, you know, high up on either side, the Chuck Schumers of the world, Mitch McConnell's of the world,
President Biden and President Trump used to be speaking a lot more fondly about Ukraine, certainly than he has been in the last couple of weeks. It seems like some sort of switch has flipped. But the American public is not as open to that argument anymore.
Obviously, Republicans more than Democrats. But over 40% of the American public thinks we just
give too much aid to Ukraine. And we are in an enormously selfish phase in American history,
where people are saying, well, what about me?
What about my life here?
And that's a result of the fact that our leadership has never been able to properly
explain why USAID is a good thing, why it makes sense to keep people safe and fed
abroad, because it pumps money back into our economy anyway.
But being in a safer, more prosperous world
is better for a safer and more prosperous America.
And I fear that it is too late for that.
I was particularly struck by the scenes
out of the meeting in London on Sunday
with all the European leaders and the NATO leaders.
And you think, well, we were a major topic of conversation,
the US and getting us back to the table,
and that maybe Zelensky just has to sign
that minerals rights deal,
which seems like a big loser for him
since it has no security allowances.
But you see the rest of the world or our friends,
or who I thought were our friends,
going about their business without us.
And it doesn't feel like at least for the next three and a half years that the U.S.
is going to want back on that ramp.
We are choosing a different path in it.
So do you actually think it's possible to make that argument to an American electorate
that doesn't seem that interested in it?
Okay.
So I think you're making a brilliant analysis
of what's happening.
That's why I invited you on this podcast, Anthony.
Thank you.
Well, but you are though.
To say I was brilliant.
Okay, okay, I do think it's a brilliant analysis
and I just wanna go back a little bit
and I wanna get your reaction to what I'm about to say.
Okay.
So I think our failure has to do with political service
and public service indifference, I think our failure has to do with political service
and public service indifference born from the laxity of getting reelected.
And just hear me out for a second.
So Ross Perot enters the race in 1992.
He gets 19.9% of the vote as a third party,
scares the life out of the Republicans and the Democrats.
They strengthened a duopoly.
They strengthen it. How do they do that? Tougher restrictions for third parties, tougher operational
procedures, more signatures, lots more money can't form a third party the last three decades.
Secondly that happens is they go after the gerrymandering with a vengeance. Both sides do.
And I submit to you, are we in a real democracy if the politicians are picking the voters?
I thought the voters are supposed to pick the politicians.
And so now we have a 14% approval rating for the Congress, just above Kim El-jung, but
we have a 95 plus percent reelection rate for the incumbent. So it's almost like having a chef
got horrific Yelp ratings for the restaurant,
but the chef is still employed
because it's the only restaurant in town.
And so what ends up happening is
they become very lax, very complacent.
Third thing that happens is Citizens United.
Lots of money gushes into these people from big business, oligarchs, big pharma. Go look at the legislative agenda over the last
15 years. January 2010 was Citizens United decision. It's all skewed towards
them. It's not skewed towards a little guy. And then let me weave in one more
thing and Bush would tell you this. George Bush tell you made a mistake. Nine, in 2008, we made a decision
to put a trillion dollars of tarp money into the banks.
What Bush would tell you is he accidentally created
Occupy Wall Street, and he accidentally created
the Tea Party Movement because there was nothing in there
for the little guy.
So the little guy said, what the hell is going on?
You're saving the banking executive's job.
I'm losing my house.
And then those two movements morphed into the MAGA Movement.
What about me?
I was once in a blue collar aspirational family.
Over 30 years of bad policy, I'm now in a blue collar, desperation family. Okay, and so you have to,
everything you just said at the top line is true,
but we have to understand how we got there.
Okay, and this is a politician's lapse.
You know, you're raging moderates
who used to vote for Jack Kennedy,
Lyndon Johnson, their grandparents,
or their great grandparents, or their
great grandparents, Franklin Roosevelt, there was nobody there.
Nobody there to help them.
And so in comes Donald Trump in 2016 with his message, and they're like, hey, I'm a
white lower income voter.
No one's speaking to me anymore.
He is.
I'm with him whether he shoots somebody on Fifth Avenue.
So unless you're telling me you're gonna find a leader
that can go to the American people,
explain to them what happened,
and then tell them why where we are now is wrong,
and we have to reset the table for ourselves,
and reset the table for our lower and middle income people, but also stay integrated into the world.
You know, we got a problem because Trump doesn't care.
He's very transactional.
Trump is using Putin's talking points.
Why is he doing that?
Okay.
I don't know.
I'm not going to say that he's an agent for Vladimir Putin, but he acts like one.
Right. So, so why is he doing that? I'm not going to say that he's an agent for Vladimir Putin, but he acts like one.
So why is he doing that?
And then what you're saying is absolutely true.
50% of the country says, I'm done helping the world.
I need help in my own backyard.
And my response to those people is you're right, you do, but we also need to help the
world.
Because if we don't help the world
and a fire breaks out somewhere in the world,
we're gonna get drawn into it.
You know, USAID, you mentioned that,
let me just point this out.
When we were pumping USAID into Guatemala
and into the lower part of the Yucatan Peninsula,
we had less border traffic,
because it's like a ounce of prevention is worth more than a pound
of cure. You put one, two, three billion dollars into those economies and people have jobs
and they have some satisfactory living standards. They don't run with their newborn baby 800
miles to the border. Right? But we're now going to cut the USAID. And so you're going to cause more problems, more stress. But by the way,
if you've got medical illnesses and you've got viral activity in,
in Africa or other place parts in the world,
are we breathing the same air? Jessica, are we? I think we are. So what are you,
what's going to happen? What's going to happen? You're going to,
you don't want to stop the illnesses in Africa?
You want them to transfer to everybody around the world?
Is that what you wanna do?
Okay, but again, it's the rich mansion holder.
Is he gonna help the world or is he gonna charge them
to go to a swimming pool?
You gotta make a decision.
And you gotta educate your people.
Yes, yes, we left you out. We left you out due to our ignorance and our apathy,
but we've got to integrate you back in.
Well, that brings me to a point that Scott has been making
for the last couple of weeks,
is that this all has to be framed around economics.
Everyone is sick of the moral argument.
They're done with it.
They're not interested in like, well, we're nice guys, right?
And this is what nice guys do.
They see something terrible and they want to go and help someone.
You have to hear about the brass tacks of what's going on, like how our farmers are benefited by those USAID
contracts. And a lot of Republican senators have been standing up and making those arguments. Senator Wicker, Senator Moran, for instance.
So I'm in complete agreement and you said so many things that were interesting
to me and I'm sure that I'm forgetting some of them, but I wanted to add to the, you know,
the Occupy Wall Street and Tea Party having a baby and we ended up with MAGA and you said
we need someone who can speak to this. And I've been thinking a lot about Bernie Sanders,
who I have never been a supporter of in 2016.
I was a big Hillary person.
That was who the base wanted.
The base of the Democratic Party has consistently been black voters.
Bernie Sanders has never appealed to black voters
in any sort of consistent or large way.
But when you look at how the coalition got scrambled in this election,
you say white working class people like Donald Trump,
well, look at the 2024 results.
Now it's black, Latino and white working class people
and some Asian as well,
liked what Donald Trump was selling.
Now, do I think that they are permanently Republicans?
No, I think Donald Trump is an incredibly special talent
and has an appeal that cannot be replicated.
But obviously, they are open to someone that is going to be making an argument along the
lines of the one, frankly, that Bernie Sanders is making.
And he has been out there, he's on a fighting oligarchy tour, packing arenas, his spillover
rooms are sometimes even bigger than the main room that he's speaking in.
And you see, he's going to Republican states as well, that people are hankering to hear
this message from someone who isn't Donald Trump.
There is an understanding that Donald Trump has conflicts of interest built into him inherently
by being a business person, not to mention the fact that his grift is so obvious and
we're going to get into this crypto strategic fund later on in the conversation.
But people are very open to someone who has that economic populism to the way that they
speak.
Bernie is filling that void at the moment, but Bernie Sanders is not a sustainable option
for the Democratic Party.
He's 83 years old and he's already tried this a couple of times.
So I'm very focused on who can possibly
fill that void and a very smart friend of mine who
Works in Democratic politics wrote an op-ed over the weekend that he put on Fox
Which I appreciated because you should be talking to people who disagree with you and he's arguing for us to stop talking about
Rebuilding the Obama coalition. It's like, it's done. We have to find a growth strategy at this point.
And looking backwards to what worked
for a generational talent in 2008
is not gonna get us anywhere in 2028
when we have to fight this fight again.
Oh, using the Kremlin talking points,
I cannot even imagine how good they feel in Moscow right now. You see
Dmitry Peskov, Putin's spokesperson, out saying, you know, this rapidly changing
US foreign policy configurations coincides with our vision. You had Medvedev
saying something similar. You know, Putin probably thinking, how did I get this
lucky? And you've said, I don't know why he's doing it,
but I need someone to be able to tell me why, honestly.
I get it that he wants to pick on the small guys.
He thinks he can control Canada and Greenland and Panama,
has I think more respect for the big powers in this,
China and Russia, Iran, maybe North
Korea. But it feels as if we are now living in a full on gangster state where there is
no moral code to it. And I look at someone like Marco Rubio, and he has been a meme many
times before, but now that picture of him sunk into the couch, right, during the meeting with Zelensky, his suit
boxing up basically over his head where you think, has a man ever wanted to disappear
from somewhere more than what's going on with Marco Rubio?
And then you hear reporting that he and Mike Walz, who has a similar view of the world,
the national security advisor, were the ones that executed the taking Zelensky out of the
White House, right? And essentially saying, we're done for the day and all of this. And
what do you think has happened to these traditional neoconservatives that have found their way
into the Trump administration? Because I do not believe, and I know some of them, that
they have just wiped the slate clean of everything that they have believed for decades.
Some of them who sacrificed, you know,
have veterans that have gone to fight for us
and protect this New World Order.
I don't think that they had a lobotomy.
So what is going on with the people who are working for him?
And do you think there's anyone that is going to stand up
like there was in the first administration?
Okay, so there's so much to unpack there, but let's talk about Trump and the Russians
for a second.
So Curtis Yarvin, who is a philosopher out on the West Coast, who believes that the democracy
is obsolete, and Curtis Yarvin believes that we should no longer have a democratic process.
There should be some type of oligarchic monarchy.
Very smart people should run everything
and leave everybody out.
And obviously you may remember this
from the remains of the day, right?
There was an allegory there where they were asking
Anthony Hopkins the Butler questions.
He didn't know the answers.
And then the aristocrats scoffed at him and said, well, why would we give him the vote?
In the meantime, they're bringing the Nazis into the front door.
Right.
And the allegory was even though you may be rich and think you're smarter than Anthony
Hopkins, the mundane Butler, you need everybody.
You need the democracy to have this sort of wisdom of the collective
crowd, right?
So there was an allegory, there was a warning there.
But let's give Trump the benefit of the doubt.
This is a Curtis Yorvin thing.
This is Peter Thiel, acolyte of Yorvin, JD Vance, acolyte of Yorvin, Elon Musk, the same,
a follower of Yorvin.
And Trump, who's less organized than them, more transactional,
they've bandied together with him and they wrote something called Project 2025,
and they're going to dismantle and weaken the checks and balances in the system and expand the
executive power due to this ideology that the democracy is obsolete. And Teals publicly said that to people.
So that could be the best case.
The worst case is that they've laundered money through Trump
and they've laundered money through the Trump organization
and he's tied to the Russians and he owes the Russians
something and he's trying to deliver to them what they want.
That's the worst case.
Okay, so that's Trump.
As it relates to Walsh and Rubio,
I understand that perfectly,
because I lived that.
And it doesn't reflect well on me as a human being,
but I did live that.
I was a George Bush, Mitt Romney,
garden variety establishment Republican.
Actually more to it than that, Jess, I was a Rockefeller Republican.
I was agnostic to social issues and I helped, uh, Andrew Cuomo with the
gay marriage initiative in 2008.
But I was sort of a right of center Republican as it came to
business and, and free markets.
And so now Trump wins or Trump is about to win and people like winning.
And so I start to shade myself to accept Trump's point of view.
Trump is messaging something to blue collar people.
I grew up in a blue collar family.
I relate to that.
And then Trump wins.
And then six months into his office, he offers me a job.
And then my ego kicks in.
And my ego and my pride.
My wife hates Trump almost as much as Melania hates him.
And I'm telling you, that's like way up here, okay?
And she begged me not to do it, but I did it.
Okay, and that was ego-based, that was egocentrism,
that was pride-based.
And Marco Rubio wants to be the secretary
of state of the United States,
second or third most important job in the world
or most important job in the country.
Mike Walt wants to be the national security advisor.
He served in the US military and he wants to be that.
And so what ends up happening,
you start shifting your views
because you want the power over your principles.
I did it.
I'm embarrassed to admit that to you.
Now, we were fighting in the White House.
I got summarily fired.
I remember there was one day
and I got fired about 24 hours after that, Trump called me a deep stater.
And I laughed and I said, I haven't even been to Washington
on a field trip from like elementary school.
I mean, how could I be a deep stater?
But he was implying because I was saying to him,
hey, we work for the Constitution.
He told Paul Ryan that he worked for him.
Paul Ryan looked at him and said, I don't work for the Constitution. You know, he told Paul Ryan that he worked for him. Paul Ryan looked at him and said,
I don't work for you,
I'm in a totally separate article of the Constitution.
And these checks and balances are in place
to preserve the sanctity of the system.
It's the reason why we're so free and prosperous.
Trump didn't want to hear it.
And so Rubio and Walsh are now there.
They're now there, they are in the barrel
and they are going over the waterfall.
Now they could say, hey, my personal power,
my personal ego, I'm gonna subordinate that
to the greater good and I'm gonna get out
and denounce what Donald Trump is doing
or I'm gonna twist get out and denounce what Donald Trump is doing, or I'm going to twist
myself into a pretzel.
I'm going to speak to Caitlin Collins on CNN, and my tongue is going to come out like a
twisted bow tie, and I'm going to lie on behalf of Donald Trump.
That's what I'm going to do.
And they have to make a decision if they want to do that.
Now, if you're telling me Rubio in eight years is completely morphed into Donald Trump light. I don't believe
that, but I believe that he is selling pieces of his soul. McCarthy did it. McCarthy wasn't
there, but McCarthy said, you know, I got to be the speaker of the house. He lasted
24.5 Scaramucci's. That's it. But I got to be the speaker of the house. Uber
Alice doesn't matter. Okay, no, we should he he was calling Trump and saying what
the hell are you doing? We need help up here. There's an insurrection that you
premeditated. McConnell and McCarthy could have impeached and convicted
Donald Trump. They blinked and McCarthy told his buddies,
well, he's finished, he's finished.
After a fiasco like this, he's finished.
We don't need to do that.
Let's stay in our partisan bucket.
Did Barry Goldwater do that?
Did Bob Dole do that?
No, they didn't,
because they were from the World War II generation
and the Constitution was more important to them.
These guys, power is way more important than the principle.
And by the way, by the way, I get it because I did it.
I have to live with that for the rest of my life.
I moved my principles to serve Donald Trump.
And then I said, okay, that's a bridge too far.
I have to tell people the truth about what I'm seeing. And I I said, okay, that's a bridge too far. I have to tell people the
truth about what I'm seeing. And I have to explain to people. Now, will Rubio do that?
I don't know, but he's a politician. Politicians want power. You remember what Jack Kennedy said
about the profiles of courage? They said to him, congratulations, you won the Pulitzer Prize. Yo,
thank you. But the book is so thin, Senator Kennedy.
Why is the book so thin?
He said, well, there's not a lot of courage out there.
I could only find 10 or 14 situations.
The book, Profiles of Cowardice, would have been the Encyclopedia Britannica.
But I could only find a few stories, and that's why the book is so slim.
I love that, and I didn't know that.
I wanted to pick up on something because you mentioned the separation of powers, right?
And Paul Ryan, you know, essentially being told that he worked for Trump and what's going
on with Elon Musk and Doge and watching that cabinet meeting play out where you could tell that at least half of the people in that room
Were doing a you know, dying Marco Rubio inside, you know watching must parade around in the tech support shirt and
Having an understanding that not only do the American people
Not want this they want waste fraud and abuse cut but they don't want an unelected billionaire
serving himself over serving the American people,
but that they might not be able to do anything about it, which I think is folks who have
gotten into public service that should at least be part of the
concoction of what motivates you to do it. Even if you are someone like a Linda McMahon,
or Howard Lutnick, et cetera, I think
that they understand that public service, at least
in its prior form, used to be about making the country as
good as possible for the widest amount of,
the largest amount of people.
And so where do you think the Musk of it all shakes out?
You know, people say they're gonna have some huge fight,
they're gonna break up,
Trump doesn't like not being in the spotlight,
and it feels like Musk is increasingly taking it
as someone who, you know, was on the inside of all of this.
How are you viewing it?
Well, so I have this contrarian view on the situation
because Musk is the richest person
in the world and lit Trump up with $300 million during the campaign.
And he has a $44 billion megaphone known as Twitter or X or whatever you want to call
it.
And I think Trump is afraid of Musk, if I'm just being brutally honest.
You can even see it in the tentativeness when he talks to Musk.
Now, he wants Musk to burn out.
He's told people inside his inner circle, who I still speak to,
that Musk will get bored and Musk will burn out and go back to his job.
Let's let him burn out on his own without us pushing him out.
And Trump, I know his personality well, was projecting in the cabinet room.
Anybody that doesn't like Musk,
speak out or forever hold your peace, that's him.
He don't like Musk.
He's trying to tell you that with his projection.
And so Musk will burn out.
You'll find that the Doge thing may save some money
here or there.
A lot of that USAID will get restored in
a follow-up Democratic administration. It'll have to be. It's just good sense for
the American people. The American people have to understand it. But Musk will flame
out. He'll return to Tesla and X and SpaceX, etc. And Trump will not have a Pyrrhic debacle with him,
like he had with me or Kelly or Mattis or Mark Esper.
He won't because he's afraid of them.
He'll want it.
And it's in their mutual best interests not to do that.
You see what I'm saying?
Yeah.
But that will end.
And I predict it'll end quickly.
I see Musk'll end quickly.
I see Musk as Bannon, and Bannon was President Bannon.
Bannon was co-president with Donald Trump, and Bannon lasted eight months.
He actually got fired on the same day that I did.
He's such a baby, he didn't want to leave the White House with me.
So he asked General Kelly, could he spend two more weeks in the White House before he walked out the front door?
And so I think that this will fizzle sometime by Labor Day, Musk will be back at his job.
And Musk has hurt himself here. He hasn't helped himself, he's hurt himself. Because
by inserting yourself in politics, by the way, I've hurt myself.
This is your job, so this hasn't hurt yourself.
I've hurt myself, you insert yourself.
Warren Buffett was on CBS Sunday morning news this week
and they asked him political questions.
He said, I'm sorry, diplomatically,
I'm not gonna answer those.
Okay, George W. Bush has said, hey, no, I'm good.
Yeah. Okay.
So you hurt yourself because if you tell somebody
what you think,
50% of the people don't like you,
they stop buying your sneakers, quote Michael Jordan, right?
But Musk is hurting himself
because people are slowing down their Tesla sales
or doing certain things now
because of his political leanings.
And so I believe this ends, it doesn't end empirically.
And Doge, like the Grace Commission under Reagan,
like something under Obama, there was a,
you know the guys, it was a Alan Simpson-Bowles.
It was called Simpson-Bowles.
Okay, it didn't go anywhere.
Okay, this won't go anywhere.
It turns out we do have some fat and double spend
and maybe even possibly some fraud in the government.
There's possibly some Medicare or Medicaid fraud.
I get it.
There's fraud in lots of different things
and we can trim it and maybe we will trim it.
But the best thing we could do
is to go back to what Bush and Clinton did,
which was pay as you go.
We had pay as you go legislation in place to regard rails put up.
This is the amount of money you can spend.
If you're going to tax somebody, that's fine.
You got to cut spending.
If you're going to increase social expenditures, you got to raise taxes.
And if we do that and we hold the line, the economy will outgrow the deficit.
OK, Bush and Clinton adhere to that.
We were running a budget surplus by the end of 2000.
George W. Bush unclipped us from pay as you go
because of what happened with the Iraqi war.
And by the way, he cut taxes in March Bush
and we went to war in October.
It was the first time in US history that we went to war
without a tax increase.
In fact, we had a tax cut, and that really started the wild trajectory of deficit spending.
So it's all healable.
It's all solvable, but you need a long-term approach.
You need a 15 or 20-year plan to right-size the deficit.
You're not going to do it in two minutes.
But your points are Musk is there.
It's a good idea to cut things.
It's a good idea to cut waste,
but the way they're going about it is hurtful.
It's not gonna help anybody.
You know, Trump was right about the border.
I know this is raging moderates.
Trump was right about the border,
but he did it in such a vicious way that it
turned off a lot of Democrats. So when Biden got the job,
he reversed the decisions were not Trump were more humane than Trump,
but it was wrong.
And the people poured over the border and the Americans got upset.
Go look at the exit polling. Okay. So we've got to be very careful.
Like they talk about crypto. If it's a Trump crypto reserve,
then when the next Democrat gets in, they're going to rip it up and throw it out.
It's got to be bipartisan. And we got to stop with the left and the right and look at what's
right or wrong. And just say, okay, is this right or wrong for our society? And what Trump is doing right now with the UK is wrong.
It's wrong for our society.
It's wrong for the average American.
Well, why is it wrong?
It weakens the cause of freedom
and liberality around the world.
That's bad for our markets.
It's bad for the risk profile
of the American capital market system.
It's wrong.
We don't want to live in an imperialist world.
We don't want to do it.
Living in an imperialist world will lead to a disaster.
And what did we learn about the imperialists?
Great Britain got hurt.
India got hurt. Africa got hurt.
Nobody benefits from colonialism.
Trump wants to take Canada and Greenland?
Okay, let's take Canada and Greenland.
Let's see how that goes for the United States.
I think you are already hearing it at the hockey games
about how it's going to go for the United States.
No, it's absurd, Jess.
And so for me, you know, I get it.
Got a lot of riled people.
Your network does a good job at riling those people.
There's a good chant about nationalism and us first,
and we're tired of carrying the world.
But whether you like it or not,
Roosevelt said it better than anybody.
We're integrated with the world,
whether we like it or not. Roosevelt said it better than anybody. We're integrated with the world whether we like it or not. We are integrated. It's connected. It's the rich person with the house.
You're going to charge people to come into the swimming pool or you're going to help them with
their college tuitions. Which family is going to do better? Well, what about your son here in the
United States? Can you help him? Yes, we have to help him too.
But we have to think like that. We're 4% of the world's population,
26% of the world's output. Okay.
The more benevolent we are, the better it's going to be.
When I was growing up, when I was in Europe in the 1980s,
people were buying me drinks.
Ask American servicemen in Germany in the 1980s, Ramsted, they were getting drinks
for them.
Thank you for helping us.
Thank you for being part of the cause of freedom and protecting us.
Now you go to Europe and say, are you guys okay over there?
Why have you lost your minds?
Why have you flipped into this proto authoritarianism?
Why have you done that?
And the answer is, well, we have shitty democratic leaders
and we had a really bad intergenerational transfer
of leadership.
And so the orange man bad,
but a lot of people held their nose
and voted for orange man
because of what the Democrats were doing.
You gave this poor woman 107 days to try to figure it out.
You know, Joe Biden and Barack Obama caused this.
Barack Obama said to Joe Biden,
no, you can't run against Hillary Clinton in the primary.
Okay, so Hillary Clinton wins. She doesn't go to Wisconsin. She goes one time to Michigan,
twice to Pennsylvania. Trump outworks her and beats her in the Electoral College.
Okay, now we're going to let Joe Biden run. Okay, he beats the sitting president,
run. Okay. He beats a sitting president, but he's 78 years old, not 78 years young. He needs to drop out in September of 2020.
Joe Biden is the Marco Rubio of the Democratic Party. You say,
well, what do I mean by that? He let his ego get to him. I got
the job. I want to stay in the job. Lady Macbeth, Shakespeare.
Well, Joe, you can't remember people.
If Jessica Tarloff walks into your office,
you don't remember her.
Okay, well, that's okay.
I want to stay in the job anyway.
Okay, and so he embarrasses himself with the June debate.
Now the party's in flummox.
They could have resolved that in September of 2023,
had a formal primary process, and had a young he or she democratic
candidate wipe the floor with Donald Trump. Think about how close that election was.
I know. Yeah.
Okay? And it was, they had an unmitigated disaster in terms of intergenerational. So when I'm in
Europe, we got two things going on. Yes, we have a bozo movement of proto-fascism that we need to put down and we need to just
help people economically.
Galloway is right, Professor Galloway.
It's an economic thing and we need to make sure that these people feel restored and aspirational
and then they won't care about fascism.
And we need to fix the democracy.
We need to end gerrymandering, end Citizens United,
right-size the deficit, do really smart, powerful things to help the American people.
I'm totally with you. I was young during the 90s, but I talk a lot about the Clinton years
and how it feels like we are ripe for something like that to happen again if there is a charismatic
leader with
that kind of common sense approach to everything. I just want to say, and I want to move to
a conversation about the free press, but what you're describing as what happened here in
America, which it certainly did, is happening all over the world. I mean, the liberal order
is failing. You know, across Europe, farright parties are getting larger shares than I certainly
ever envisioned. I lived in London from 2006 to 2012. So, peak Obama years was there, to
your point, during the Bush era, everyone kind of banding together but thinking, you
guys need somebody else. I was there on election night in 08,
and London was as jazzed about Obama being elected
as they were back home.
But something has shifted.
I know the AFD underperformed what Elon Musk
and JD Vance wanted in the German elections,
but they still got a bigger share.
And this conversation specifically about immigration
is really what's fueling it,
because everyone has lost any semblance of an idea
of what borders or national
character means to the average person and while they might be benevolent insofar as thinking that
We're pro immigration and that people should you know have rights to some goods and services
We all basically laid down and just said, you know, come on in. That will be Angela Merkel's legacy,
which is sad for her and everything that was accomplished during that time. But that's what
will be remembered from. And you just have to look at what the CDU looks like now to understand
how badly she messed that up and the lessons that that sent through Europe. But we need to
take a quick break. So stay with us.
But we need to take a quick break, so stay with us.
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This week on Profit Markets, we speak with Mike Moffitt, founding director of the
University of Ottawa's Missing Middle Initiative and a former economic advisor
to Justin Trudeau. We dive into the state of Canadian politics and we get his take
on the biggest challenges facing Canada's economy.
Canada's economy is like three oligopolies in a trench coat. We have a lot of inequality that way.
We have high levels of market concentration because we have this tension in Canada where
we want things to be Canadian. We want Canadian ownership. But when you do that, you create a
moat and whenever you create barriers to entry, you're going to naturally create oligopolies.
You can find that conversation exclusively on the ProfGMarkets podcast.
Welcome back.
I wanted to quickly talk to you about the state of the White House press and free
speech under the Trump administration.
You were there for your 11 days during his first term, we need your inside sources. The AP filed a lawsuit against
the White House after restricting access to the Oval and Air Force One. Following this,
the White House announced that they'll choose which journalists have access to the press
room. All of this is happening while Jeff Bezos told the Washington Post staffers that
he'll be making changes to the publication that align more with the right leading to opinion editor David Shipley's resignation.
What do you think is happening with the free press issue vis-a-vis this White House?
I've heard people on both sides of it.
Fox News has been steadfast in standing up in support of keeping things the way that
they have been with the traditional press pool and with the AP.
But what do you think the game is here
for the Trump administration?
Chill the press.
Trump hates it and chill the press.
We were talking about Victor Orban
and JD Vance has a love affair with Victor Orban.
He was very happy with the way Victor Orban
took over the schools and the press.
And they wanna chill the press
and they wanna intimidate people into not speaking.
And you have Cash Patel has openly said
he has an enemies list.
A lot of the enemies are the press.
I got into trouble with Donald Trump in April of 2019.
I wrote an op-ed for the Hill,
and I said, it was an open letter to the president.
I said, dear Mr. President,
the press is not the enemy of the people.
And obviously I went into the rendition of it being the force to the state and that dear Mr. President, the press is not the enemy of the people. And obviously I went into the rendition
of it being the force to the state
and checking people in power,
but there's something else that's elemental
to the free press and that's our economy.
We teach our second graders to speak and think freely.
They go on to think creatively
and they create Facebook and Apple computer
and they create things like Bitcoin
and other technology
and great ideas and entrepreneurship.
If you tell somebody in the second grade
that they can't talk about certain things,
and you'll put them in a reeducation camp,
if they talk badly about dear leader,
then they can't create.
They gotta steal our intellectual property.
And so I said the press is very important.
Trump called me on Easter Sunday, 2019,
last time I spoke to him.
I thought he was calling me to wish me a happy Easter.
He was not, he was calling me to berate me.
And he said that I was wrong.
The press is the enemy of the people.
And he wants to chill the press.
My first meeting as White House communications director
in the Oval Office was, can we break up Amazon?
Excuse me? Well, you went to law school. Can we break up Amazon? I hate Jeff Bezos and I hate
the Washington Post. Not anymore. I don't want to break up Amazon. Okay. And I looked at him and said,
no, actually you can't break up Amazon. It doesn't meet the checklist that's in the Sherman
Antitrust Act. Not the thing that he wanted to hear.
So, so he don't like the free press and his team doesn't like the free press and follow Victor Orban. What Victor Orban is doing, Trump would like to do. And so now you've got guys like Bezos,
who, you know, Khashoggi got lost at the Washington Post, democracy dies in darkness,
something that Bezos' team came up with that he sponsored.
And he's like, wait a minute,
these guys could threaten my lifestyle.
They could threaten me, they could threaten my family.
And you know there's threats going on everywhere
in Washington, you're not, you're part of the press.
So you know that the senators are getting threatened
if they don't vote for certain cabinet members
and stuff like that.
Right.
And so basically, I got a great life and we're $200 billion.
What the hell am I doing?
Let me lock and load on Trump and spend some money on him.
Let me show up at the inaugural, have dinner with him, and let me tone down the Washington
Post.
I don't need this headache.
And so, but that's the reason why he's a billionaire.
And that's the reason why you and I are never going to be billionaires. Okay, because he's transactional and he's decided that the principles of the democracy
not dying in darkness are not as important as him maintaining his lifestyle and keeping
himself free.
But then why doesn't he sell it?
Maybe.
Because he has enough money and it doesn't make money for him, right?
And subscriptions are way down.
So there are plenty of people who want to buy it.
Why doesn't he get rid of it versus compromising his principles to this level?
Maybe he will, but maybe he won't.
And maybe, you know, people are people are funny in their own brains.
You know, when I was compromising my principles to work for Donald Trump,
do you think I thought I was compromising my
principles?
Maybe in his own...
Maybe like in the shower, right?
When you're standing there and you're doing your deepest thoughts.
No, no, no, no.
I was bullshitting myself.
Let's just be honest about it, okay?
And maybe Jeff's saying to himself, I've really had a change of heart politically and the
woke-ism.
That's a huge piece of this though. I mean, the reaction to the left going too far left
has been massive.
The amount of times in regular conversations
with my friends, we're all pretty normie Democrats,
but they talk about the Charlemagne the God ad, right?
About, you know, she's for they, them, I'm for you.
And all this stuff that Bill Maher
is talking about all the time, you know, that's pretty deeply felt.
Yeah, Bill, you should get him on your show.
Bill is a raging Maher.
That's where Scott and I met, Bill Maher.
That's our meet cute.
Bill, you know, I'm a huge fan.
I've been on his show many times.
And I would say that Bill gets it.
And I would say that, look, if I were the Democrats,
which I'm not, and they would never accept this,
because again, it's all ego-based,
but I would team up with the former Republicans.
I would go to the Christie's and the Kissinger's
and the Cheney's.
Isn't that what we did though?
I mean, we're sitting there with Liz Cheney,
Kamala's with her the day before the election or whatever.
We really haven't though,
because the hard left didn't accept it.
They derided it.
And there were certain trips that were supposed to be on the campaign plane, They really haven't though, because the hard left didn't accept it. They derided it.
And there were certain trips that were supposed to be on the campaign plane and the hard left was says, NFW can't bring Christie's or can't bring
this person or can't bring back.
Or, you know that, and I know that.
But what I would say is that democracy is at stake.
So let's have a pro-American, pro-democratic, pro-democracy party and let's expand the tent. And even though
you may not like Chris Christie, I do, I was one of his donors, but you may not like Liz Cheney,
hold your nose. And even if you don't like AOC, hold your nose, get in the boat together,
and take out the Whig party. Let's go over to who the Whigs were.
The Whigs were taken out by a new party
formed in 1856 known as the Republicans.
And they went after the abolitionists in the Whig party.
And they went after the abolitionists
in the Democratic party.
And they formed a new party.
And their first Republican elected president
was Abraham Lincoln.
And they destroyed the Whig Party.
They weakened it to the point where it disintegrated.
You could do that to the MAGA party.
This party known as the Republicans
was a hostile takeover by an insurgent third party known as MAGA or
Trump-licens. They call themselves the Republicans. See Trump couldn't run as a
third party because he knew he couldn't win, but he had to take over one of the
two traditional parties, which he did. There's been a full decapitation and a
full hostile takeover of that party, But the other people, the Lincoln, whatever they are,
merge them into the other party.
They're all pro-democracy people.
They all understand that the Constitution
and that the democracy is more important
than any one individual policy.
I may disagree with AOC on XYZ
or the Amazon situation along on Island City. I may disagree with AOC on XYZ or the Amazon situation along
on Island City. I may disagree with her. But so what? She's pro-democracy. I'm
pro-democracy. Let's team up like we did in the 1850s and knock these guys out of
the boxing ring. I like it. It's a good slogan. To make the 1850s cool again.
Well, maybe. No, wait. Listen, I've always felt that way. The 1850s were a terrible time.
Listen, James Buchanan, terrible president, caused the Civil War.
A lot of things could have happened to not have that happen.
We killed 600,000 Americans.
The backlash, the John Wilkes Booth assassination, totally botched the reconstruction.
I mean, we've gone through very tough times in this country
as we're reordering the country
to try to make it a more perfect union.
But, you know, so this time we're going through right now
pales in comparison to the Civil War
or the advent of the Second World War, but let's fix it.
But we gotta stomach each other.
Oh, I can't work with Anthony.
He was once with Trump.
You know, my 32-year-old son has a great line.
He's like, hey, dad, you're killing me.
Republicans hate you because you left Trump.
The Democrats will never accept you
because you were with Trump.
You're just killing my networking opportunities, dad.
I don't know, maybe I'm getting close to the truth.
And I would say, I feel like the Democrats are very happy to have you talking the way that you're talking
about being pro-democracy.
They don't put me in their tent, trust me.
They won't put me in their tent.
They let me help Vice President Harris on the debate
because I understood Trump and I was able to get
some fun lines into the debate.
But they won't bring me in because I'm not a Democrat.
Well, I used to even have that much so less since I started co-hosting The Five, but people,
Democrats are suspicious of me because I work at Fox.
Right, exactly.
Like it makes no difference what I'm saying or to how large of an audience.
You're helping Fox prosper.
But by the way, you know, I applaud Fox for supporting AP.
I applaud them for that.
And again, you know, there's opinion people at Fox,
there's journalists at Fox, and that's a point of view.
And we should have that point of view
and we should have a healthy, rigorous debate about it.
But the Trump stuff has taken it to a different level.
Trump thinks like a Viktor Orban.
He doesn't think like a traditional American president.
Okay, the presidents since Roosevelt
were grounded in some bipartisanship
and grounded in some bipartisanship and grounded in some democratic principles
and were committed to the idea of containment and the promotion of freedom
and raising living standards around the world.
Okay, they weren't, hey, it's my swimming pool,
and I'm now going to charge you to come into the swimming pool.
Yeah, I think the defining distinction between what's going on right now and in
the past, and I'm certainly not combing this to the way that we were split during
the civil war, but is the information game in all of this and the disinformation.
Because, you know, it used to be people looked at maybe one paper, right?
And odds are that you and your neighbor were looking at the same thing.
And today, people are living in diametrically opposed information cesspools.
And we do not have a common language as to what truth is, what right or wrong is.
You know, is the sky blue?
I got 10 people within 50 feet of me
who feel differently about that.
And to compound that, our adversaries
are doing that to us.
Oh, they're thrilled by it,
and they're doing it to their own people.
You know, they've got a plan for us.
They're dumping lots of disinformation, 100%.
Thank you so much for joining me.
No, I appreciate it.
You're great to have me on.
Please give Professor Galloway my love. You know, I'm a huge fan of his as well. I, I appreciate it. You're great to have me on. Please give Professor Galloway my love.
You know, I'm a huge fan of his as well.
I will.
Thank you.
OK, after the break, my conversation
with Governor Pritzker.
Today, we've got Illinois Governor J.B. Pritzker with us.
He's been wanking waves, pushing for more jobs,
affordable health care, and taking on Trump's immigration policies.
He's also sounding the alarm on what he calls the GOP's growing authoritarian streak and
even joined a multi-state lawsuit to block Trump's federal funding freeze last month.
Plus, he's backing a screen-free schools plan, which I love, to ban cell phones and classrooms.
We've got a lot to cover.
Governor Pritzker, welcome to the show.
Thanks for having me. No,itzker, welcome to the show. Thanks for having me.
No, it's so great to have you.
You have been one of the strongest Democratic voices against Trump in general,
but certainly since he won re-election.
But there are some people who are saying that the party is still not pushing back hard enough.
What do you think is the right strategy? Should we just be on offense all the time?
Is there a risk of overplaying it? How are you thinking about this?
Well, first of all, I think we ought to be focused, right? It's clear they're trying
to flood the zone. They want us to pay attention to Greenland and Panama Canal and all these
things that really don't have anything to do with the lives of ordinary Americans every
day. And so at least we Democrats ought to be focused on, frankly, what we ought to have been focused on in the last election too, which is affordability
and just making life a little easier for people. How about health care where
Democrats have the right solutions and the Republicans are just trying to take
health care away from people? So I think we should talk a lot about that and
focus on that. But I think you can't overlook the fact
that they're tearing down the institutions
of our government, the institutions
that have been established under the Constitution.
And it's vitally important to all of us
that we preserve those things.
But again, average folks out there,
if you knocked on 100 doors and talked to people
at the doors, and I've knocked on a lot of doors you know nobody's gonna say oh yeah democracy
that's the number one issue even though it is something that is you know
affecting people's daily lives it just doesn't feel like that it's you know
when you buy your groceries when you go to buy your automobile you know as soon
as these tariffs go in with Canada and Mexico,
which make no sense at all to me,
unless you're trying to provide a large tax cut
to the wealthiest Americans, of course.
But because they're trying to collect
from the American public those tariffs,
that's who's going to pay.
So anyway, we've got a lot of work to do
to make sure that we're communicating
with the public in the right way.
But sounding the alarm is something that I think is hugely important. It's what I've tried to do.
It's why I gave the speech that I gave last week talking about the death of a constitutional republic.
And I wish more people were out there and out front, raising attention.
Why do you think that they aren't?
Because it was a very clear message on November 5th
that that type of messaging did not work, right?
The Liz Cheney's of the world did not compel
that many people or really compelled the same percentage
of moderates that voted for Biden in 2020.
It was mirror image essentially essentially, in 2024.
So there are a lot of Democrats who are concerned
about adopting that strategy,
but you seem fairly unconcerned.
Well, you mean the strategy of which...
Going out there and you talked about, you know,
comparisons to 1930s Germany in your state of the state.
Yeah, but that wasn't a campaign message.
I mean, that is my personal belief.
I helped to build a Holocaust museum. I'm Jewish. I've been fighting antisemitism, well,
it seems like my whole life now. And so I really felt compelled to talk about what's
happening in the country broadly. It wasn't about what I think the message for 2026 ought
to be or 2028. And that's why I really think we ought to be focused.
If you want to talk messaging,
it needs to be around the challenges
that people are facing every single day.
Going to the grocery store and can't afford eggs
or tomatoes or avocados or anything else
that you're looking to buy,
knowing that you want to go buy a car and now prices are going up. And by the way, they promised that they were going to lower prices on day one.
Yep.
That's what they said.
I don't know how they intended to get that done on day one,
but that's what they said they would do.
We're on day 39 now and prices have only gone up, not down.
And, and they're making gone up, not down.
And they're making it worse with the tariffs, which again, are taxes on middle-class Americans
and working-class Americans.
So I think that's the message.
If you want to talk about what matters to people, it's their daily lives.
Can I send my kid to college affordably?
Can I save for retirement?
Is there a way to get a better wage and a
better job? That's another one. Let's talk wages. You know, you want to start
contrast between the two parties? We Democrats, we think seven dollars and
25 cents as a minimum wage and fourteen thousand dollars a year, that's what that
yields, isn't enough to live on and we're for raising the minimum wage.
Republicans, they're either okay with a $7.25 minimum wage
or some of them want to do away with a minimum wage altogether.
I'd like to fight that fight in 2026.
I think that ought to be a central focus of at least one part of the economic message.
So that's what I think we ought to be talking about. Meanwhile, as you know, I do think that many of us need to, as leaders, remind
people that the institutions of government are why you're able to get
the things that matter to you. And when they get torn down, in other words, if you
care about health care, if you care about veterans services, if you care about
being able to get a rise in the
minimum wage, you need a representative democracy that actually is representative.
And you need to make sure that the courts are forcing the administration and the Congress
and everybody else to follow the law.
But if the administration ignores the courts, then boy, we're all done for in this country.
We're not going to have a democracy
two or four years from now.
That does seem to be like the main vulnerabilities
so far in the first 39, 40 days of the Trump administration,
which is centered around what Doge is doing,
the kind of cuts that they're making.
There have been several judges that have said,
this is illegal.
Elon Musk's popularity has been plummeting.
Well, Trump's has gone down a little bit,
but not nearly the change that we've seen with Musk.
Voters two to one aren't comfortable
with what Doge is doing.
Do you think that that is a central point of focus
where Democrats can play it safe in opposing Trump
without seeming like they're out of step with their voters?
Yeah, you know, I was asked this earlier today
at a press conference, you know,
what should we do to amplify this?
Look, it's happening on its own.
I can tell you that, you know, we've seen polling data
in the state of Illinois where back in December and January,
voters out there wanted leaders in Illinois to work with Donald
Trump to get things done. We're now a month and a half after that, and I've
seen polling data very recently that says actually instead now they want you
to resist Donald Trump. So that's the beginning of the fall of his numbers and
it's going to be a challenging, I think,
spring and summer for him because people's lives are being affected in a negative way.
I do think that one of the things that we need to be doing is talking about not only
preserving important institutions that preserve people's way of life.
By the way, do you want to get on an airplane and know that there aren't air traffic controllers
in the tower that can do the job?
Elon Musk letting go air traffic controllers
and then I think yesterday tweeting,
oh no, we need hundreds of them to come back, please.
The Ebola scientists that they fired and then discovered,
oh, I guess we do need to actually react when there's a deadly disease that needs to be addressed. So
but so those institutions and NOAA, I don't know if you've heard about the, you
know, they're shutting down the National Oceanic and Atmospheric
Administration. Remember that's the thing that helps you know whether the
hurricane is coming to Florida or to Georgia or to Texas.
And so these are the things, they tear all that down.
Your daily life is gonna be affected
and that's what's happening now.
So what should we be doing?
Well, first we need to highlight
what they're tearing down, Medicaid.
If we're not talking about Medicaid
and healthcare for people, we're not talking about Medicaid and health care for people,
we're missing the boat because seniors, children in my state, half of children
are on Medicaid. Half. And seniors, you know, everybody either has a grandma or
has a friend with a grandma who's in a nursing home because she has Medicaid
and won't be in the nursing home if she has Medicaid and won't be in the nursing
home if she loses her Medicaid.
So these are the things I think, again, that we ought to be focusing on.
And I think that's why you're going to see those poll numbers dropping.
You are right about Elon Musk.
Those numbers have been dropping like a rock.
And it's certainly a feature of talking points to point at this
person who is literally the wealthiest person in the world and who is now
essentially running the US government. You know, it used to be that government was
actually the check on too much power and particularly, you know, remember Teddy
Roosevelt and antitrust laws. You know, that's why there and antitrust laws.
That's why they're antitrust laws.
You don't want any one company or any one person
to have too much economic power in this country.
You're absolutely free to go out and earn like heck
and become a millionaire and a billionaire.
But you shouldn't be put in charge
of the reins of government, which are supposed to be regulating your business.
Well, especially if you don't even have a real role.
And I think all of us were a little bit surprised to hear
that Amy Gleason is actually the administrator of Doge.
I think she was on Mexican vacation
when she heard about that one.
But I do agree with you that that seems to be
the soft spot in all of this.
And you brought up Medicaid,
which I wanted to talk to you about.
This spending bill that the Republicans have pushed through
narrowly through Congress,
looks a bit dead on arrival in the Senate.
Even hardcore conservatives like Josh Hawley
are saying they are not going to sign anything
that cuts Medicaid like that.
21% of his constituents are on Medicaid.
But you've seen Hakeem Jeffries centering his messaging
around these cuts, specifically to Medicaid.
What will Illinois do to protect Medicaid beneficiaries
if these cuts do come through?
Are you guys going to back them up
and make sure that they still have their healthcare,
or what can people do on an individual state basis?
Well, let me be clear up that I believe in universal health care.
And that doesn't mean that we have to have one system that covers everybody.
It does mean that we've got to have systems that cover everybody.
And Medicaid is part of that patchwork of systems that we want to put together.
But, but you know, Medicaid, I mean, I can't even
tell you how important it is that we preserve that
and that that's a central part of a message.
But what will we do in the state of Illinois?
Well, let me make clear what we're talking about.
If they do away, even just with the expansion of Medicaid,
and I expect based on the budget that was passed in the House,
if that were to become law somehow,
the only way they could make that work
is to cut Medicaid even further
than just the Affordable Care Act.
But let's talk just about the Affordable Care Act.
770,000 people in my state would lose healthcare.
And if we were to try to make that up,
it would be $7.4 billion.
Now our whole budget for the state is $55 billion.
That's what I proposed, $55 billion.
We don't have $7 billion to try to make up
for the federal government not sending us those dollars.
So it would be devastating.
And what would we do?
Well, we'd have to, first of all,
we'd lose our rural hospitals and our safety net hospitals,
rural hospitals across most of my state,
safety net hospitals in Chicago,
and we can't afford to lose those.
So we would have to shore up those hospitals.
We'd have to make sure that there's as much free care
as we could provide, which, you know,
without having $7.5 billion, gonna be very difficult to do.
But, you know, the $700 million, $750 million
that the state provides as part of that Medicare expansion,
we would probably have to turn that into subsidies
for hospitals and for clinics.
So it's not good enough, honestly.
I mean, it's what we would be able to do,
but it's not good enough.
And that's why we've got to go out, all of us,
and fight like heck.
One more thing, the people who will lose their healthcare
as a result of what they're trying to do
in the House budget, many of them are Republicans.
Indeed, I think about half in Illinois.
And we're not a 50-50 Democrat-Republican state,
but half the people who would lose Medicaid as a result of that would be people who live in
Republican districts, and they're typically, they are Republicans. Rural Americans who have
most often voted for Donald Trump didn't know when they voted for him this last time that they'd be
losing their healthcare. So I don't know what to say. I this last time that they'd be losing their healthcare.
So I don't know what to say.
I mean, I'm frustrated as heck by this
because if I had the resources available,
of course I would put that back in place
and make sure that people are not harmed
by what the congressional Republicans
and Donald Trump are doing.
Last thing on this topic, which is, or at least for me,
Donald Trump says, he keeps saying,
oh no, he's not gonna hurt,
he's not gonna cut Medicaid, Medicare or social security.
Well, meanwhile, indeed, he endorsed the Republican plan
in the House that would cut Medicaid.
So he's lying. I mean, I don't think that's a surprise
to a lot of people. He's lying. But if he's lying about Medicaid, is he lying about Medicare
and Social Security? Probably. We don't know yet. But you ought to be awfully suspicious.
Absolutely. I think that they often rely on the fact that some of their own supporters
aren't necessarily going to actually look at the language of the bill or connect the
dots for them. But I think the Democrats have actually done a very good job of drawing that
line straight to the Medicaid pot. And I'm glad to hear that you do have a backup plan,
though obviously these things will not be adequate to compensate for it. And it's a
tough position to be in to be championing what the
federal government is doing for you because I think people generally speaking are suspicious of it or
aren't taking account of the things in their daily lives that are from the government. But it seems
like the smartest way forward with us to say there are inefficiencies, but you get a hell of a lot
out of the federal government. Yeah, and I think it's okay to talk about the inefficiencies.
Yes.
I admit that government, listen, I've seen it.
I was in business before I became governor.
Now I'm in charge of a government, and I can tell you that there are inefficiencies everywhere.
Waste fraud and abuse, as people like to talk about it, it exists for sure, and we're always
trying to root it out.
But unlike using a chainsaw,
the way that Elon Musk talks about,
and just cutting programs entirely,
instead what you need to do,
and this is the hard work of governing by the way,
is you need to go into the agencies
and task the people running the agencies
with finding the areas of inefficiency
and ineffectiveness. And I want to focus on that last part because effectiveness is the important
part of these programs. People need health care. They want efficiency, but most of all, they want
it delivered effectively to them. And that involves efficiency. So I say that because
delivering, making our institutions work, is really important for reinstilling trust
that people have in government. Because I get it. People don't trust government. And
you know, I'm again, I came from outside of government, I can tell you, when I saw, for example, that in Illinois,
when I showed up, my predecessor,
the Republican who preceded me,
had left 140,000 Medicaid applications
that they hadn't looked at,
and they were basically just delaying
giving people their healthcare
because they didn't wanna pay for it.
That's ineffective and inefficient.
You need people to get healthcare,
otherwise they're gonna end up in an emergency room,
it'll cost you a lot more.
And then there are a whole lot of things
that happen in government that take too long.
And so we've gotta just acknowledge those things
and recognize that of course there's inefficiencies.
People are all excited about,
oh, a department of government efficiency, that soundsiencies. People are all excited about, oh, a Department of Government efficiency.
That sounds great.
But I have to say, not if they're taking away
the things that really matter to you like childcare,
like Meals on Wheels, like Medicaid.
Absolutely.
I wanna switch gears a little bit and talk about immigration,
which was such a central piece
of the presidential election, obviously,
and what happened under the Biden administration hurt
candidate Biden and then candidate Harris a lot more than maybe some expected it to.
You have discussed the fact that you will cooperate with ICE in so far as they are coming to pick up
convicted criminals. Tom Homan has shown up the border czar in Chicago, is talking about rounding up people.
Where does all of that stand?
And what are you doing in Illinois
to make sure that you can be responsive
to the way that people voted
and that they believe there is a migrant crisis going on
and also protecting people?
Yeah, we've got to have an immigration policy
that actually makes some sense.
They showed up in Chicago, Tom Homan did,
and I with Dr. Phil in tow. What do you have against Dr. Phil?
Listen, I think everybody in government could use a therapist, but the fact
is that showing up with a television personality,
I mean, it really tells you it's all for show.
They want to parade in front of the cameras,
the undocumented immigrants that they're finding.
When it turns out that first of all,
quite a number of the people that they rounded up are actually US citizens. And they just didn't like none of us walk around with our citizenship papers.
Right.
That's, that sounds an awful lot like Germany, uh, in the 1930s.
And that's not something that, you know, so people got rounded up and, and taken
to Guantanamo and you've read some of the stories about that.
Guantanamo and you've read some of the stories about that. So it's been a terrible show for everybody, first of all.
And second of all, you have to have a coherent policy.
You can't just say, we're going after all
the undocumented immigrants.
Let's start with the most violent, the people who've
been convicted of a crime.
I think none of us out here, governors, you know, anybody believes that someone who's
been convicted of a violent crime, who's undocumented, deserves to stay in this country.
So fine, come get them.
That's great.
We've always wanted help trying to arrest people who are violent criminals. But you know, they're not showing up at our prisons
and our jails with warrants from a court,
which is all you need, right?
And it would be easy to get to say,
this person's undocumented, we should deport them.
Why aren't they doing it?
It's one of two things.
Either they're smart enough to recognize
that if you take people who are undocumented out of prison
and then deport them and let them free, that they might end up coming back to the United States.
These are violent criminals. We caught them, we convicted them, we put them in prison.
So you don't really want to let them go. That's, you know, perhaps they understand that, perhaps.
But they're not showing up at our prisons and our jails
with warrants to take them away.
The second thing I think just to point out is that
there are a lot of undocumented people who live in Illinois
and all across the country who are law abiding citizens or residents rather,
who hold down jobs, they pay taxes.
They're actually pillars of their community.
They're our neighbors and our friends often.
And these are the very people
that if you had a good immigration policy,
you'd want to come into the country.
So if they're already here,
how about we give them a path to staying here? Again, these are people law abiding good people, some of them own businesses,
or you know, they've been, they've started businesses in this country. So and the last
point I'll make is, you know, because again, I'm a business person, I, you look at the
fortune 500, 46% of fortune 500 companies were founded by immigrants or their children, their first generation children.
We want immigration in this country.
It's good for our economy.
It's good for the future of the country.
And with birth rates going down,
we're the one country in the world that is founded
in many ways on immigration.
And so we ought to take advantage of that.
When you look at all the other wealthy countries in the world
We're the one that really has the opportunity to take advantage of our history and our belief in immigration
To help ourselves in the world economy
I agree with you on the point the larger point
But I can't escape the fact that here I'm in New York City
People in Chicago felt exactly the same way that the migrant crisis got wildly out of control and that we essentially had an
open border policy.
And then once some Republican governors started busing migrants up to our cities, that we
realized what life is like in Eagle Pass, Texas for our fellow Americans there.
And there were a number of city council meetings in Chicago that were widely covered,
we did here at Fox, where residents were showing up and talking about how their resources were
being diverted to people who were here illegally, and that that wasn't okay, that it had to be,
in this sense, America first. And that's been a key contributor to Mayor Brandon Johnson's low
approval rating. I believe it was 6% in an M3 poll that came out earlier
this week.
What can be done about that to make sure that people who love the cities that they live
in, who love immigrants the way that you're talking about, but feel like we're not on
their side or people in elected office are not on their side, feel like they're more
responsive to them? Well, I was a critic of the Biden administration's policy. In fact, I reluctantly, I wrote a
public letter, I sent it to the president and made it public, about the mistakes that
I think were being made at the border and the ways in which the federal government needed
to step up and do a better job on immigration,
particularly around the migrants. You know, meanwhile, just to be clear, and I know there
were a lot of people, not just in Chicago, but around the country who were upset about
migrants showing up in their communities. You know, and it cost our state quite a lot of money
and our city of Chicago. But let me be clear, this was a humanitarian crisis from my perspective.
I didn't create the crisis,
but all of a sudden, as you're pointing out,
buses showed up and they were aimed at Chicago.
It wasn't like people just naturally decided
in the middle of winter,
they're gonna get on a bus from Texas and go to Chicago.
And indeed people showed up here with t-shirts
and sandals on
when they arrived. So it was an enormous challenge. The policy wasn't right. But when people show up,
you know, we're Americans, you know, at that moment when someone is, you know, without shelter,
without the proper clothing, and needing to be fed,
you do all those things. And we did those things because it was the right thing to do.
But yeah, the policy was wrong, and we need to have border security. And I love, by the way,
that Ruben Gallego, I think, says it best, you know, you don't have a country if you don't have a secure border.
So let's have a secure border, but let's also have robust immigration.
And immigration that isn't just about people who are willing to pay five million or have
five million dollars to pay for a gold card to get into the country and take advantage of
whatever tax breaks they might be given, but also immigration that allows people like my family,
who came here three generations ago and had nothing.
We were refugees from Ukraine, would have been killed
had they stayed as many Jews were.
And we're allowed to come into this country
and had nothing, but the most driven people that are in our country
are often the people who show up from somewhere else escaping something, wanting to make a
better life for themselves and their families.
It's a challenge, there's no doubt, but it doesn't seem, frankly, all that complicated
if you secure the border, which we can do.
Mm-hmm.
It seems like it's happening now, but you can secure the border,
but also think about the economic future of the country is dependent upon
having more immigration, not less.
Absolutely. I want to stick on Chicago for a second and talk about the public school education problem,
which is not just an issue for Chicago, it's happening nationally,
but particularly pronounced there,
bad testing rates, you have low enrollment,
kids not showing up to school,
teachers unions want a new contract.
How do you think we can revive
the American public school system?
Yeah, invest in it.
Let's begin with that.
But also I'd like to just challenge at least a couple of notions you put forward.
The NAEP scores, which are the English, the reading and math scores that are done nationally,
these are the tests that are given all across the nation, just came out.
And our eighth graders in Illinois came in second in the nation.
Number one was Massachusetts, number two was Illinois. Our eighth graders in math came in
fifth in the nation. So we're actually doing pretty well. I'm talking about, you know,
the state of Illinois is doing reasonably well. There are always challenges in big cities
versus other places like suburbs, for example,
but that doesn't mean we gotta give up on those kids
or give up on investing in those schools,
but they do need to be managed well,
and we do need to attract teachers.
We don't have enough teachers, and we're gonna need more,
and we have put in programs I have to attract teachers
to provide signing bonuses, to help them get housing
and so on.
And we have the ability to attract them
because we pay reasonably well
if you wanna be a teacher in Chicago
or anywhere in the state of Illinois.
So it's an attractive place to teach.
But we gotta invest in these schools.
We're not fully invested in the
state of Illinois. We're trying really hard. You know, I inherited a fiscal
situation that was terrible in 2019 when I came into office. And you know, we've
gotten nine credit upgrades and we've finally got a rainy day fund and
we've increased funding for education by more than $2 billion since I came into office
and we're continuing that with the proposed budget
I put in place.
But the fact is that our kids are worth investing in
and I would say the wraparound services
that you need for their families
is also hugely important
in order for our kids to get ahead.
Last point I'll make on this, early childhood education,
I've been involved in this arena for 25 years,
long before I was governor,
is perhaps the most important arena for us to invest in.
You know, it's a universal preschool,
but it's also, you know,
everything from early intervention services,
which can make the difference between a child growing up,
you know, with challenges and autism their whole life,
or perhaps being able to actually join a classroom
in a public school and, you know, graduate and go to college.
Those early intervention investments make a big difference.
So do home visitation programs.
We've seen that, that nurses or professionals showing up
and helping parents do a better job
and answer questions for them,
and providing them a healthcare check.
It makes a big difference.
So I mentioned all that because I think people think that,
that well, if children are not doing well in school,
if our school isn't doing well,
well, maybe we ought to divest from schools
and just let it kind of happen on its own in a private market.
And the reality is that public education
is the foundation of our democracy
and we need to invest in it, not divest.
Yeah, I wanted to, as an extension
of the school conversation,
could you talk a little bit about your push
to ban cell phones in school,
and some of what you're hearing also from concerned parents
that they won't be able to reach their kids
if, God forbid, there's an emergency?
Yeah, and that was a very important thing
that I considered as I put the policy together.
And that was a very important thing that I considered as I put the policy together.
We need to, first we need kids to be focused in class,
we need teachers to not have to fight the fight
with students about their devices in class.
And if you ask teachers and ask most parents,
and you know, and I have done that,
I've talked to an awful lot of people about this.
Most parents will tell you they would rather
their kids didn't have those devices in class.
They do want them to have them in school though.
They want, in other words, it's okay with them,
it's in their locker or if they
check them in outside the classroom.
They want their kids though to be able to focus in class
and they want their teachers to be able to focus
on their kids in class.
So parents generally speaking very much in favor.
How do we take care of the problem where their parents,
remember there are some kids who actually need
to have a device because there are a variety of reasons why, but one is just
anxiety.
So that's just one example.
But what we've done is proposed a policy where the schools get to work on their individual
policies, but they're designed to have exceptions.
Again, there are also health needs.
I mentioned a mental health need and anxiety,
but there are other health needs, diabetes, for example.
And we've got automatic readers
for people who have diabetes.
So these are all things that are taken
into account in this policy.
Broadly speaking, though, this is hugely popular.
There's just no doubt about it.
And it's the right thing to do.
And I have kids who graduated just two, three, four years ago,
two of them from high school.
And I went and asked them about how distracting is it?
And also, did your friends experience cyberbullying
in classes?
And the answer is yes.
That there was that going on just in a single classroom. People are
getting bullied on their device. So I think the trade-off is actually a really positive one.
Just leave the device outside the door. You know, there's a way to lock them up. And you can get it
when you leave class. And for the most part, it's not going to be a problem and schools get to
make those decisions for themselves.
Last thing and I do this with all of our guests, what's one thing that makes you rage and what's one thing that you think we should all just calm down about?
Yeah, you know one thing that makes me rage is and it's just a funny thing to say in the context of that question, is I watch our public
officials and what's happening in our political life, and it's like people have forgotten how to
be kind. And it seems to me that the whole purpose of public service is to deliver what people need
to make their lives better. That seems like a part of the answer
to the question of how can you be kind?
And we ought to be kind to one another.
And what makes me rage is to look at the political arena
and see that that seems to have gone out the window.
And so it drives me crazy.
It's not something, I'm not a person who will rage in public,
but you saw the speech that I gave
about the death of a constitutional republic.
And obviously my experience,
my own family escaped the pogroms in Ukraine.
I helped to build a Holocaust museum.
So you can imagine that watching
our constitutional democracy
be torn apart is enraging to me.
Absolutely.
And calm down about something?
Or should we just stay?
I'm not sure what to calm down about right now.
That's an answer.
Yeah.
But I do think we've got a lot of work
to do, all of us to refocus ourselves on the direction
of the country and again,
on the most vulnerable people in our society,
working class Americans, middle class Americans.
That's where we ought to be focusing
and not letting the richest man in the world
dictate the policies of the US government.
Amen to that.
All right, Governor Pritzker,
thank you so much for your time.
I left getting to interview.
Appreciate you.
Thank you all for listening to Raging Moderates.
Our producers are David Toledo and Shanae-Nae Onike.
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