The Weekly Show with Jon Stewart - Libertarian Says What? with Nick Gillespie
Episode Date: February 27, 2025As the Trump administration pursues its federal downsizing project, we're joined by Nick Gillespie, Editor at Large of “Reason” magazine and Host of “The Reason Interview with Nick Gillespie” ...podcast, to examine what's at stake. We explore where libertarian principles align with and diverge from Trump's approach, debate if government serves as essential check on free markets, and consider what role government should play in a society that values both liberty and the public good. PLUS+, find out what Donald Trump, Bob Dylan & George Constanza have in common! Follow The Weekly Show with Jon Stewart on social media for more: > YouTube: https://www.youtube.com/@weeklyshowpodcast > Instagram: https://www.instagram.com/weeklyshowpodcast > TikTok: https://tiktok.com/@weeklyshowpodcast > X: https://x.com/weeklyshowpod > BlueSky: https://bsky.app/profile/theweeklyshowpodcast.com Host/Executive Producer – Jon Stewart Executive Producer – James Dixon Executive Producer – Chris McShane Executive Producer – Caity Gray Lead Producer – Lauren Walker Producer – Brittany Mehmedovic Video Editor & Engineer – Rob Vitolo Audio Editor & Engineer – Nicole Boyce Researcher & Associate Producer – Gillian Spear Music by Hansdle Hsu — This podcast is brought to you by: ZipRecruiter Try it for free at this exclusive web address: ziprecruiter.com/ZipWeekly Learn more about your ad choices. Visit megaphone.fm/adchoices
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MSNBC presents a new original podcast hosted by Jen Psaki.
Each week, she and her guests explore
how the Democratic Party is facing this political moment
and where it's headed next.
There's probably both messaging and policy issues,
but as you look to kind of where the Democratic Party is,
do you think it's more a messaging issue,
more a policy issue?
The Blueprint with Jen Psaki.
New episodes drop every Monday.
Listen now.
Ladies and gentlemen, welcome to another episode of The Weekly Show Podcast. My name is Jon
Stewart. I come to you today broken, but not bowed, for I had an owie on my finger.
I'm going to show it now. You're probably, I wrapped it up. I heard it on the show
doing my classic brand of physical slapstick comedy that never works and always gets me hurt.
It's the second time on The Daily Show
that I have broken a drinking vessel.
The first one was glass, the second one was ceramic.
For those who thought I should have had a breakaway mug,
yeah, now you tell me.
Ceramic is one of my least favorite materials
to have embedded in my skin,
but I bled out.
It really, for a comedian, is humiliating.
And I say that because the greats, the Buster Keatons,
the Charlie Chaplains, Buster Keaton would stand, you know,
in front of a house where the little window could add,
it would fall on his head.
Harold Lloyd would hang off of a clock with no net.
I nearly died being vociferous with a coffee mug.
It's, it does not speak well of the legends of my business,
but I don't imagine they ever had to have
their sets childproofed.
Can I tell you what's not smart to do when you have a cut?
Hold it below your heart for 20 minutes.
Because it really does. It just makes your whole arm a straw.
And it just all just flows out and it makes it look way worse than
when I picked it back up to look at it.
Even I for a second was like, what the f was I shot?
Uh, I glued it that night and then it's pretty gnarly looking,
but it's all good.
So it goes as Kurt Vonnegut would say.
So it goes, uh, we have a ton to get to today.
We're taping on Wednesday.
So God knows if we'll even still be in the alliances
that we were in the day before.
But I'm excited to talk to you today.
There's so much that's going on.
And we talk about Democrats and liberals
and Republicans and conservatives and Doge and MAGA.
I wanted to get kind of the libertarian view.
And I know that's not monolithic in any way,
but I thought there's no better person to get that from
than our guest today.
So let's get to that right now.
Ladies and gentlemen, we are very pleased in this moment
to have with us, Nick Gillespie, editor at large
of Reason Magazine, host of the Reason Interview with Nick Gillespie, editor-at-large of Reason Magazine, host of the Reason interview with Nick Gillespie podcast.
Nick, the OG in my mind of kind of grounded libertarian thought is in my mind, I think, of Nick Gillespie.
And I'm very pleased that you could be here and join us today.
Oh, well, thank you, John. It's a real treat. And it's always nice to be called
grounded because normally I'm talked about as something less than grounded. So thank you.
Is that really true? Because, you know, I, it's so interesting to me. Libertarian is, you know,
you think of political movements sometimes and you have a tendency to group them as a monolith.
And the Libertarian movement is anything but a monolith. It has, you know, there's this sort
of the side of it that's getting maybe the most attention in this day and age is maybe the kind of
more edgelord side of it, that kind of young male. But when I call you the OG, you know,
I feel like you were always grounding everything in Friedman and Hayek and all the things that
you imagine libertarianism's foundation is built upon.
Would that be correct?
Yeah, I think so.
And part of it is that I grew up as a journalist or I started working as a journalist, then
I went to grad school for literary studies.
And then I had to come back. It was still in my blood. Somehow that the big payoff in being an English professor didn't
materialize. So you didn't get your start in dank memes. That was not how you got your start with
all this. Well, I actually did get my start working at teen magazines and music magazines. I worked for a place called Teen Machine at some point.
Teen Machine.
But even in my teen mag days, I was always interested in starting with some facts. It's
not like a card you lay down and then the conversation stops. I've been a reason since
1993. The magazine started in 1968.
I did a cover story about how everybody was talking about, and this was a big Hillary
Clinton thing, that children were at risk like they had never been before, worse than
the little rascals.
Those kids had a good compared to kids growing up in the fucking late 1990s.
All I started with was a list list of, you know, how much better
children are doing.
Right.
Let's start with one.
No polio.
Okay.
Let's move on from there.
Well, you know, I'm 61 years old.
I was born in 1963.
The average lead levels in kids growing up in the sixties would have triggered
massive medical interventions in the late 90s
because lead, leaded gasoline, lead paint, lead pencils, lead cereal, I'm sure.
Lettios, I believe it was called. It was delicious, stayed crunchy. The one cereal
that stayed crunchy in the bowl was lettios. And they filled you up for the whole day. Yeah.
No, but so, I mean, this just gets back to the point of like,
I think it's always important to,
when we start talking about stuff, especially today,
because people are nuts is like,
can we agree on some common facts, right?
People are nuts would be a good title for the book.
But Nick, so you just gave me in many ways,
the perfect segue kind of into our conversation,
because I think I want to talk to you about Doge and how you're feeling about that,
the Trump administration, all those things. But first, I think I've always been libertarian curious,
if that would be the right. Every comedian is, right?
I think you would probably have to be. You have to be, because you want to go
where the jokes are and you want to be able to think a certain way
and then express it.
But here's what I always come up against
and you just brought it up.
Years ago, there was a lot of lead in kids cereal
and through government regulation, the lead was removed.
So how do you square that kind of essential tension?
Yeah, so, and this is where I guess I am grounded because I'm not an anarchist
or a narco capitalist, which a lot of people say, where, you know,
no government is ever necessary or kind of the same thing that
anything the government does is by force and theft and is illegitimate.
And they also suck at everything they do.
Why would why would we have them do anything, etc. That's one strain of
kind of libertarian thinking. I'm much more like Milton Friedman, a proud New Jerseyan, everything
good. Friedman? Where was he from? He's from, I think he was born in Newark and grew up in Robwe.
Robwe's two most famous residents are Milton Friedman and Rubin Hurricane Carter.
I was going to say, if you don't name somebody from the prison, you're just not working hard
enough.
But over the course of my career, I've become much more of what I call a directional libertarian,
which is that I'm not that interested in like, okay, let's build a perfect philosophical
foundation that makes perfect mathematical and philosophical sense it's like are we heading in the direction of more individual freedom where people can live how they want to where business owners can do what they want to wear
you know where things are looser and people are able to make more choices that matter in their lives for me the question isn't.
make more choices that matter in their lives. For me, the question isn't whether or not
the government is funding something,
it's are we going in the right direction or not?
And so to bring that back to this question of regulation
of things like lead, the single biggest thing
to help air quality in the United States, arguably,
was the environmental pollution kind of standards
that were passed in the late 60s and early 70s under the Clean Air Act. By Nixon, who would have, who would be considered at this point,
I think, like a gay leftist or nader. Like he would, you know what I mean? We've so shifted
in terms of the paradigm. Yeah. And you know, what, by banning, you know, and it took many years.
DDT and all those other things, yeah.
Well, no, let me, because I'm a libertarian,
I will pick a nit with you about DDT in just a second.
Oh, okay.
But with leaded, getting rid of leaded gasoline, you know,
and the atmosphere is a common, so it's not like you can't say,
oh, you know, the lead you're emitting, you know,
I'm going to sue you in court for that because it would take
forever and it's never going to work or anything. But you know,
when there is a true commons that you think the market won't
address, like there's too many externalities. Right. And so if
the market won't address it, the free market, that's a place
where in your mind, you're you're able to come in. Okay,
yeah, that makes sense. And and you know, by saying, okay, we're
taking leaded gasoline. I mean, you're able to come in. Okay, that makes sense. And by saying, okay, we're taking leaded gasoline,
I mean, most people in America now,
I think probably were not, grew up with leaded gasoline
versus unleaded and all of that kind of shit.
And it's like by taking leaded gasoline out of the air,
that had a major positive effect on the environment.
Listen, Nick, you and I grew up the same time in Jersey.
I'm sure you did what I did, which is ride your bicycle
behind mosquito trucks.
We didn't even get excited about the ice cream man coming.
It was when the mosquito guy, he had a pickup truck
with a giant fucking fire hose of who knows what.
And we would ride our bikes behind it and be like,
this smells interesting.
Just let it wash over us.
Yeah, no, it's like just breathe in, you know, because you're huffing anyway.
That's right. So even when you're saying like, okay, we're going to build a consensus and say we want to get leaded gasoline out of the air because it has these negative effects.
You can do it smarter and dumber and like the, you know, the way the government did it and this was uh uh Nixon's EPA said um
okay we're gonna mandate catalytic converters which is a particular type of technology that takes
a lot of the lead out of emissions i mean as well as changing how we formulate gasoline um but um
you know it's like the government probably shouldn't be dictating technology or it could
set a goal and say you have to reduce pollution by so much, but then we're going to let you and we're going
to let the market innovate to figure out what's the best way to do it.
Are you for government then incentivizing those kinds of changes?
Would that be, or is that considered an intervention that sullies a free market?
Yeah, well, it gets complicated pretty quickly and then obviously right yeah but it's where it might be that,
you know we want you to reduce your amount of pollution however we define it that's one thing but then sale and by the way we're going to give you a massive tax of taxpayer subsidy and then give taxpayers,
of taxpayer subsidy and then give taxpayers credits to buy this one kind of technology.
It could be a solar panel.
I don't think Build Your Own Wind farms have taken off yet,
but I'm sure they're coming.
You want to make it as simple as possible to say, OK,
we've come up with here are the basic rules.
And then what free markets are really good at
is figuring out innovative ways to do stuff for lower costs with better outcomes.
And that's not always perfect.
And it's not always, you know, sometimes it needs a kick in the pants or sometimes you just need a top down regulation or restriction on something.
But I think things generally work better, you know, when you let markets operate more freely to kind of figure out what people want to because a lot of times we don't know what
we want and then how to get there more quickly.
See, it's so-
With DDT, if I may-
Oh, all right.
Pick the DDT and then I'll go back to the sort of more macro view and then we'll get
into sort of what's happening today.
Yeah.
DDT is a really interesting example.
I mean, the kind of planetary ban, almost complete planetary ban
on DDT comes from Rachel Carson in Silent Spring. Silent Spring, sure. And she was making a series
of cases and, you know, the modern environmentalist movement in a lot of way comes out of that book
and the movement that she helped inspire, you know, and it turns out that DDT is really good at killing mosquitoes.
The best.
Yeah.
And its banning was not necessarily a good thing because everything has costs and benefits.
And it turns out in certain places, people are using lower levels of DDT in order to
really powerfully eradicate mosquitoes.
And so like people, we are constantly held captive by these old things.
Like, you know, DDT was killing people, you know, as
if like everything good didn't come out of an era
where boys were riding spider bikes, jumping ramps
into vats of DDT.
But, you know, it turns out that it gets much more
complicated and we, you know, it's, it's worth
going back and thinking about this
stuff. And you mentioned polio, I'm sure we'll talk about Robert Kennedy at a certain point.
You know, Robert Kennedy, who's old enough to really remember polio, is like, you know,
the polio vaccines have, you know, killed more people than they saved. And it's like, you know,
I want to see the stream of iron lungs, you know, going up in front of health and human services.
But it's really difficult right now, Nick,
to make those choices and balances, especially now,
because you bring up the point about DDT, and you're right.
I mean, it was an incredibly effective killer of mosquitoes,
which were causing malaria and all kinds of disease.
But then it was found to have mutagenic properties
and cancer properties and-
Well, at certain levels, right?
Because this, yeah, and then this is,
one of the things I gave a talk last fall,
which was about what I call the agony of abundance.
Like the biggest problem I think we have today
in a kind of macro sense is we forget
how to learn from the past.
Boy, howdy.
There was a poll last year and it's preach.
Yeah, and it's like almost 60% of people last year
said that life was better in America in 1974.
Cause you were a kid.
Yeah, let's go look at 1974 and like the Pinto
was the best selling car in 1974.
Which was invented to make the Gremlin
feel better about itself, as you know.
Well, I was partial to the Pacer
because I just remember them having an ad
where a guy delivered a six foot sub
in the back of the Pacer.
But then it was all glass,
so by the time it got there,
it would have flies and maggots on it.
I had a Gremlin.
I was the idiot who worked his whole fucking high school
career to buy an $800 off-brown gremlin just to find out
it's front heavy and making a left
meant you fish-tailed into the neighbor's yard.
But the Pinto not only was explosive, literally,
and figuratively, well, not figuratively, just
explosively, but it was a bad car. And we have done so much better to make better cars,
you know, and but yet people are constantly being born back into the past thinking that it was a
simple, you know, a simple decision. A simple time when cars were cars and
segregation was allowed. Yeah.
All right, gonna take a quick break. Be right back.
Aggregation was allowed. Yeah.
All right, gonna take a quick break.
Be right back.
M.S. NBC presents a new original podcast
hosted by Jen Psaki.
Each week, she and her guests explore
how the Democratic Party is facing this political moment
and where it's headed next.
There's probably both messaging and policy issues,
but as you look to kind of where the Democratic Party is,
do you think it's more a messaging issue,
more a policy issue?
The Blueprint with Jen Psaki.
New episodes drop every Monday.
Listen now.
Hey, we're back.
But let's talk about that central tension because I think here's where I probably have
the hardest time embracing kind of the foundational philosophy, which would be kind of the way
that Jeff Bezos is going with the Washington Post now, personal liberty and free markets.
And this is the part that's hardest for me because in my formulation, right?
One of the greatest limiters of personal liberties oftentimes turns out to be free markets.
Okay.
What's an example of that?
All right.
So the way I would look at it is, is this, the greatest inhibitor of personal liberty in my mind
is not necessarily overzealous regulation
or something along those lines, it's poverty, it's struggle.
It's the inability to get enough of the fruits of your labor
to allow yourself the personal freedom that you need.
Survival and being on a tenuous razor's edge is, for my calculation, the greatest inhibitor
of personal liberty.
Free markets, the operating system that we're running, capitalism, whether it's free or
not, is by its nature, exploitative of, of labor. So
their goal is to get you to work for them for the least
amount of money they can, they can pay you because they need
to drive the biggest profits, right? Sure. So because of that,
it's hard for me to reconcile those two dynamics feel at odds.
I totally hear where you're coming from.
Libertarianism historically, it's like a post-World War II phenomenon, really a post-1968 phenomenon,
as an organized movement.
Really?
Why 1968, do you think well it was partly
The people who founded the modern Libertarian Party
People who were working in places like reason they felt left out of politics, you know Republicans and Democrats
like you know when you're especially if you're a young man in a draft year and your choice is
Richard Nixon or Hubert Humphrey or George Wallace,
you're like, okay, where's the exit, right? You know, it's not good, right?
Would you draw it further back to like objectivism or would you say that?
Yeah, yeah. Okay.
A huge, huge factor and people like Ayn Rand, I never personally went through an Ayn Rand phase,
but you know, she was massive.
You didn't smoke that much pot?
See, I went through it.
Oh, wow.
The objectivists I knew, they didn't even get drunk.
Oh, wow.
Much as smoking weed.
So it's like, OK, I'm out.
It was the only time I ever found it interesting.
Because for me, the 1950s, I mean, post-war America
is the first time when America became kind of a wealthy country.
And also, that's when individual liberty flourished.
Suddenly, you had even among minorities
who had it really shitty in the 50s.
If you were black, I mean, Brown versus Board of Education
only took place in 54.
Schools didn't get fully desegregated until Nixon
in the early 70s.
I mean, it was bad, but at every level,
people were doing so much better,
and there was so much more stuff to buy,
so many more choices to make on every level.
It makes sense that libertarianism
started to become more interesting and attractive.
I was more into Jack Kerouac and the Beats
who were exploring individual liberty.
Sure, the Mary Pranksters and...
Yeah, you know, so these are all like kind of, you know,
parts of us of a broad movement.
But in any case, I was going to say that I, you know, I'm a libertarian
because I grew up lower middle class, not because it's often characterized as,
you know, this is, you know, they, you know, this is a philosophy for upper middle
class people, highly educated people, men mostly,
and some women who are like Ayn Rand or something,
like you use cigarette holders or something.
Wear monocles.
That's right.
My whole point, I agree with you in the questions you're asking.
I think capitalism, broadly speaking, as an operating system generates more possibilities
for people.
I agree, and this is why I'm not an anarchist.
When you talk about poor people.
Not even poor people.
I mean like working class or even regular middle class, which is how I grew up.
Well, part of the problem with political discourse in America,
and I think it's always been this way, is that, you know, 90% of us say we're middle class.
And so you get middle class people and this happened under, you know, it happened under
George W. Bush. It happened under Trump, certainly under Biden, where, you know,
suddenly households who are making $400,000 are being subsidized by the government.
And you hear this, you know,
I'm talking to you from Hell's Kitchen in New York
and you'll hear people in New York say with a straight face,
like, oh, you know, making 300 grand in New York
just isn't really a lot.
It's just not happening right now.
Yeah, you know, it's like, you know, we're pinched
and it's like then move or, you know, whatever.
But what I was gonna say is that the libertarian argument
for helping people who need it and assistance in the
market goes something like this, or part of it is that, you know,
if you're a kid, and your parents for whatever reason,
aren't, you know, they're not well off, you don't have a lot
of options, giving kids access to education and to health care
will allow them to grow so that they can fully participate in
society, which is a good thing. Then we can say,
okay, well, that's why we have, you know, Medicaid and why we
have public schools. And then it might be the case that we say,
well, you know what, let's maybe give the parents money so that
they can pick the school their kid goes to like the government
doesn't have to run the schools, etc. But there should be some
aid and assistance in the interest of helping people fully participate in society. I think I
think I can make a case that is consistent with libertarian beliefs and a belief in mostly free
markets and laissez-faire and certainly personal liberties, you know, that the state can exist to
help people in terms of safety nets and in terms of helping
to guarantee or at least multiply opportunities.
But having said that, you know, the reason why cars became cheaper and better and, you
know, isn't because the government said, Hey, you know what, we're going to give you a,
you know, a subsidized loan in order to buy that gremlin.
You know, it actually cars in America got better and cheaper
when you think about it in terms of the amount of work
that people have to do to buy them
when we opened up to competition.
And throughout the mid-70s, car markets in America
were basically, it was very hard to get imports.
And as a result, we got the cars that you and I grew up
driving. One good thing is, i think about this all the time and again this is a question of progress that we should.
Not celebrate on critically but take note of i can remember people would have parties on the street if their car made it to a hundred thousand miles in the odometer went to zero. Sure, the rollover baby, you had to get to them zeros. There were like two or three in your lifetime. Yeah. And now you don't even change
the spark plugs on a new car until a hundred thousand miles. You know, and it is true that
that business owners want to, you know, they want you to work for as little as they have to pay you.
But then if you're a good worker, you're going to be competing. Other companies are going to be
like, you know what, this guy is actually pretty good at what he's doing. I'm going to woo him away
with a better wage. Yeah, I think that's probably where you and I would disagree a little bit.
Yeah, no. Well, I also think it's kind of, you can push it too far. I was looking in anticipation
for this, I was looking at the percentage of households and
whatnot that are on SNAP benefits. And things happen like I think almost everybody in America,
regardless of political persuasion or ideology or anything would say, you know what, like,
we don't want people to starve. Yeah, I would question that at this point.
There's a Republican congressman the other day who was like, kids should have to work
for their lunch at school.
And you're like, okay, that's interesting.
Yeah, I agree.
And by the way, SNAP benefits are controversial.
I mean, they really are within the government.
And the other side I would say to it is,
when governments do provide that, right,
they attach all kinds of conditions to it that they don't attach
to subsidies that are for corporations. I mean, you get billions for things and yet
food stamps, you're not allowed to buy hot food.
Yeah. No, it drives me nuts. And this is again, from a libertarian point of view, I think
you can say, okay, we're going to have certain social welfare, you know, safety net
programs, those are important. But then when you start getting to like, well, okay, you know,
people who are making, you know, three times the poverty line or something are still getting a
benefit. Maybe that's not a great use of taxpayer money, because that money is coming from somewhere
else. But also, you know, and you find this in all sorts of giveaways under COVID and whatnot, where people just,
okay, well, why do seniors get prescription drug benefits
regardless of how much money they make
or why are they getting them anyway
if they don't actually need them?
So you're more of a, you would say means testing
is the most important aspect of the safety net.
It's two things. One is I would say it would be better to give people like, you know, we know people are poor because they're below the poverty line, like give them cash, you know, just give them cash and say, okay, here we trust you not to buy, you know, not simply to buy a Lediya cereal for your kid.
Instead of which, by the way, they don't.
I mean, almost entirely.
Those benefits are used to the positive and not absolutely.
Yeah. The whole idea is like they're gaming the system for gambling money
and cigarettes. Yeah.
And it's like, well, they'll figure out how to do that anyway.
But what do you know, to get to this point, because you mentioned Jeff Bezos,
who just recently said, you know, he wants the opinion section of the Washington
Post to focus on supporting personal liberties and free markets.
And it's true.
Like when when government gives a benefit and then says, Oh, but you know what?
You have to get the 2% milk or the nonfat milk
because we don't trust you to make a good decision.
That is so patronizing to my mind.
It shouldn't be allowed.
But you're not against the government subsidizing those that are left out of
whatever economic prosperity comes from the capitalist system,
which is I think for a lot of people would be surprising.
You know, I've always said, you know, Rand Paul is kind of the avatar for all this in my mind,
only because having lobby down there for Zadroga Act
for 9-11 and PACT Act for veterans and other things.
I always started to get the impression that like
a libertarian was a Republican whose town hadn't hit,
hadn't been hit by a tornado yet.
Right, right.
Like it was like no money for Sandy relief,
and then Kentucky gets hit by a tornado,
and they're like, come on.
Which made me feel like it wasn't a practical operating system
for people to be talking about.
You'll have fights over where the line gets drawn exactly.
That's right.
And things like that, but, you know, to me,
and I like the way that you phrase it,
it's like, who are the people who are left out?
And particularly, the people who are left out
through no actions of their own, how do we give them a shot
at participating in society?
And this, I think, is going to surprise people.
I think they view libertarianism in some ways
as kind of a purest form of a kind of selfishness,
right? That you don't do. And I would say that's a more charitable view than I hear from the
Republican Party almost in its entirety. I think they view poverty and being left behind as vice,
as somehow it went in certain areas.
I think if you were to look at like, like, let's say the Midwest and the Rust Belt, right?
I think the view there is those poor people.
Globalization has hollowed out our manufacturing base.
And then you would say, well, what about Chicago and New York City and minority communities? And they would say, pull your pants up and get a fucking job.
Yeah, it's almost an analog of what happened to our manufacturing base,
yet viewed almost entirely differently and without any sympathy.
Yeah. What you're describing is broadly, you know,
a lot of Republicans think this way. I think a lot of conservatives.
I think liberals go back and forth when you're talking about Chicago and it's like, oh, we
got to help these people.
But then if it's some, you know, fat Walmart shopper in a small town in Indiana, it's like,
just buck it up, pal.
No, no, no, you're right.
It does.
It goes across lines.
People have their prejudices against different groups.
And this is one of the things that is fascinating about Donald Trump is that
he is a master of playing all of this kind of stuff against itself.
All right.
Quick break and then back.
All right.
We are back.
This is one of the things that is fascinating about Donald Trump is that he All right, we are back.
This is one of the things that is fascinating about Donald Trump is that he is a master
of playing all of this kind of stuff against itself because when he's talking about tariffs
and when he's talking about help, he just was praising the longshoremen for getting
a good deal by resisting modernization of containerized shipping.
He knows how to play all of this.
Do you think that's genuine?
Because I find him to be incredibly dismissive of labor and workers and he views them,
I think in his unguarded moments like the podcast he did with Elon,
where he was laughing with Elon about how badly they had cut,
you know, the workers at Twitter and where do you think they are in reality?
Yeah, I, well, you know, Donald Trump, uh, and this is probably the only time this sentence has
been spoken in the English language. I think of Donald Trump like Bob Dylan. And by that,
I mean that he- Hold on a minute. Are we recording this? Yeah. He has certainly blowing
in the wind, but what a million different persona. And at any
given point in time, Bob Dylan absolutely believes what he's
singing, you know, and when he was, you know, anti war, he
believed that when he was when he thought Ruben Carter was, was innocent.
He believes it in the moment. Yeah. And then when he thought that God was going to come and kill
his friends and throw them into a lake of, you know, everlasting hellfire. It was only a couple
of years, Nick. You know, that was only a couple of years. He got out of that quick. But Trump
believes what he's saying. Like, so I don't, I don't think he's being calculated and saying,
I'm, I'm screwing around with the longshoremen. It's a Costanza thing. Yeah, that's saying. So I don't think he's being calculated and saying, I'm screwing around with the longshoremen.
It's a Costanza thing.
Yeah, that's right.
It's not a lie if you believe it.
And in that moment, he believes it.
Yeah, but it does get into this larger question
for the country.
Surprisingly, I think my worldview would fix
just about everything in the world.
What?
Why didn't we talk to you sooner, Nick?
You know, I've been waiting.
No, but what we have now is a government
that pretty much at all levels, but certainly
at the federal level, is spending way too much.
It cannot or won't raise revenue to cover its costs.
So it's creating debt.
And we can talk about why debt is a problem beyond some kind of
an accounting fetish.
But we are trying to do, the government is trying to do so many things, it is doing them
poorly and it's unsustainable.
And I think we're reaching a moment where this long period after World War II, and even
after the Cold War ended,
where, okay, there's a reset coming,
and you can't keep spending $7 trillion a year
and taking in $4.5 trillion, which is what we're doing.
And we're gonna have to make choices.
And this is where I think if we would say,
here's the goal of government.
The goal of government is not to make sure
that everybody everywhere keeps the job they had when they were
25, even if they're 65.
But it's like, government is here
to provide several core functions
and to kind of keep things moving in a direction.
Then how do we pay for that?
How much does that cost?
How do we pay for it?
And how do we empower people to use whatever money we're use, you know, whatever money we're giving them?
Listen, I think you're putting your finger on the essential questions that we talk about.
I guess the way that I would maybe address that is slightly different, which is government
exists getting back to the operating system, the operating system, capitalism.
Yeah, no, which is a wonderful metaphor for everything. In my mind, the government exists to soften the blow that a, by definition, exploitative system
is going to extract. Capitalism is extractive. They're goods, raw materials, labor has got to
be the cheapest, drive the highest profits, and the people that will benefit that are necessarily a smaller slice of people because it's a shareholder operation, not a people operation. And the labor
is not valued in the same way that investment or capital is. Capital is king.
Can I push on this a little bit? Because what I was going to challenge is like capitalism is
inherently exploitative, you know, and
that labor is always getting, you know, punched in the head or hit with in the kidneys with
a baseball bat by who was the guy and on the waterfront, Johnny Friendly, I think.
How did he get that name?
He wasn't.
Yeah, I mean, you know, and maybe he had a bouncer who was really fat that they call
tiny.
I think it was an ironic universe, right?
Oh, that's how it worked.
Yeah, but I don't necessarily agree with that.
And in a lot of ways, I would push back on it
because when you talk about, okay, the boss, the boss man,
and now we're back in Springsteen universe, right?
Because for Bruce Springsteen,
things have never recovered from the Great Depression.
He's still mumbling along the mean streets of Rumsum.
You know what?
We can argue about economic systems,
but you were in dangerous territory, my friend.
Yeah.
Dangerous territory.
What I'm getting at is that like, you know,
employers are desperate, generally speaking.
If you are a good employee,
and I worked as a manager at Reason for 20 plus years,
if there was somebody who was putting in
a better than average effort,
I would do everything to keep them.
But you're running a small business.
Yeah, yeah, I get that.
Reason is a small, it's not a multi-
I'm talking writ large about multinational corporations.
And I'll make the case, I think,
because if you look at wealth in systems
that are poorly regulated in terms of capitalism, right?
There is, in the same way that political power
is accrued through a kind of contrived incumbency,
I think wealth also accumulates through a contrived incumbency. I think wealth also accumulates
through a contrived incumbency by those that are wealthy.
And what you find is, so let's go back to times
when capitalism was less fettered
and that would be sort of gilded age.
It's one thing to say, oh, competition,
iron tempers iron, it makes everybody stronger
and it gets stronger.
But what happens is,
as we've seen with monopolistic tendencies in capitalism,
once wealth is accrued,
it becomes much easier to then keep tilting the table
more in their favor.
And it almost inexorably, it's a law of nature.
It's a, you know, kind of Newton's law.
I hear you, but I, you know, we will disagree with this to a large degree on this.
Oh, okay.
I don't think it changed, but I, you know, and I'm not saying that there weren't times
where, you know, capitalism was, you know, read in tooth and claw and exploited it.
When was it not? I guess that would be the easier question.
Well, the reason what I'm what I'm getting at is saying that when you, you know, if you go back,
and this is something there's a there's a type of school of economic thought called public choice
economics, which talks about how, you know, the story that progressives tell capital P progressives
in particular tell about capitalism is that it was awful.
Not awful, but it's not awful.
But it's a system that requires exploitation and extraction.
I mean, it generates more wealth than any other system, no question, but that wealth
accumulates unusually.
You brought up earlier the 50s, which I thought was a great time, and you're right,
but tax rates then were 80% or 90%.
And the GI Bill, which was a giant government expense, is what helped build that stable
middle class that you're talking about.
First off, nobody paid those tax rates because those were the printed rates.
No, seriously, but that's why people,
that's why things like expense accounts and all sorts of things were invented for upper
level people.
Sure, and they cut all kinds of deductions and rich people always find a way out of it.
True.
The main engine, the main engine of things like people being able to buy their own homes
and whatnot, it was increases in productivity through industrialization and mechanization.
It was not, I would argue it was not unionization. It wasn't the GI Bill. I'm not saying those things
didn't have an effect, but that it's because we became wealthier because suddenly we were
building an economy that used machines and other things to become massively more productive.
Wages went up.
But I think that wages do not match productivity gains.
They'll always lag.
They sometimes they're higher, sometimes they're higher, sometimes they're lower.
But like right now in America, we're basically we have like the highest
median household income that we've ever had adjusted for inflation.
Isn't 50 to 60 percent of Americans living paycheck to paycheck?
No, well, you have to you have to look into what that means.
You know, 60 plus percent of Americans own their own home.
Compared to in the 50s, it was much lower.
They have college educations.
They have more stuff.
Oh, you're saying that our standard of living
is now higher comparatively.
Massively higher.
And food is cheaper. Everything is now higher comparatively. Massively higher and food is cheaper.
Everything is more abundant.
Plus you get the personal liberty stuff, which I think is part of capitalism.
I don't think, it's not like capitalism is an economic thing and then it's the weekend
and you're going to go to Plato's retreat or Studio 54.
They're all part of a same system, right?
Having said all of that, I mean, just to get back to it, it's like what capitalism does. And there's an economist, Joseph Schumpeter, the guy who created, he coined the term creative
destruction and in a book during World War II called Capitalism, Socialism and Democracy,
he said, you know, the great achievement of capitalism was not making more silk stockings for queens,
the queens of England, the queens of Europe, but bringing them in reach of factory girls.
You're saying that Henry Ford, the sort of the mechanization of goods and services allowed more
people, which I don't in any way quibble with. I think that's why we use this operating system. I'm just saying the basis of this operating system is
Inequality and you see it in fits and starts
It's why economics goes through cycles and that like if we hadn't have done the New Deal
We'll talk about it this way
government intervention to ease the burden of those who are not able to protect their wealth through
incumbency and really profit at that arithmetic or geometric level from the
fruits of capitalism is what preserves the stability of the system. If we went
more libertarian, I think you'd find the system is too volatile and, you know,
revolution then becomes much more inevitable. So do you, you've heard of the massive economic crash that happened in the early 20s?
That was like bigger than the stock market crash in 1929.
No.
Yeah.
And the government didn't do anything and the stock market recovered very quickly.
You're suggesting that after 1929, if we hadn't have gotten the new deal, everything would
have been fine. I'm not saying everything would have been fine and it would have been difficult, but the New Deal,
it's worth going back and looking at how did the New Deal affect the economy and did it string out
bad times because there are two economic depressions in the 30s that economists talk about
and that every government intervention has costs know, has costs and benefits.
And oftentimes we have lost sight of things.
Well, let's use let's use a more like a more recent example,
which would be the 2008 financial crisis versus the pandemic. Yeah.
In 2008, the financial crisis, it's caused by
risk taking behavior within our investment economy,
not our working economy.
And particularly if I might,
that was behavior that was heavily incentivized
by the federal government in terms of guaranteeing
mortgage loans and things like that.
Well, Freddie May and those guys got into the game
pretty late and I think it's,
you'd be hard pressed to say that the hedge funds
did it because they thought the government incentivized it.
No, I mean, but it was the Federal Reserve first off, like kept interest rates artificially
low for a long time. And then the government had a policy of its, you know, government
sponsored entities, buying up all of the mortgage paper that was going. So banks did not do
the due diligence.
But they jumped into that later.
Everybody has some schmutz on their hands from all of this.
The schmutz. It's funny. I think where you and I would like society to settle is probably
almost the same place. I think you and I would look at it as, and here's my path to get there,
and you would say, here's my path.
And you've got to trust both of those paths.
You got to go, and ultimately you got to trust me.
That's where it comes down to theology.
I would argue that it's also, we would probably
agree on a similar path.
Because I suspect, I mean, we went,
I was looking this up beforehand.
In 2000, in 2001, which was Bill Clinton's final budget year as president, you know, he left office
in 2000 or early 2001, fiscal year last, you know, a little bit longer, he spent less than
$2 trillion. So that was the entire federal budget. We are over $7 trillion now.
In 2019, the year before COVID, we were spending $4.4 trillion a year. That went up to $6.6 trillion
in 2020. It is now $7.2 trillion in spending. I suspect that you would agree with me that we should not be,
it's not clear why we're spending 7.2 trillion dollars.
Well, I certainly don't think we're spending it effectively. That's, I think that's for sure.
But like, why at all? Like, how do you go from, you know, we're post COVID.
So here's, here's what I would say with that. There are different ways to stimulate the economy.
So I think since Reagan, and probably before that, probably Carter, there are different ways to stimulate the economy. So I think since Reagan,
and probably before that, probably Carter, there has been the idea that supply side,
sort of what they would call neoliberal policy, is the best way to stimulate the economy,
which means that the money tax cuts for incentivizing wealthier people and corporations and allowing for more
M&A and allowing for consolidation within industries, which in some ways, you know,
these these really it's the rise of these gigantic multinational corporations.
And it gets back to sort of what we're talking about 2008 versus the pandemic.
In 2008, the crash came from the financialization of all these products.
It came from the white collar markets.
We bailed them out as taxpayers.
Which I was totally, totally against.
As was I.
But not against bailing out homeowners.
That's maybe where you and I would differ.
It depends, but yeah.
But in the pandemic, when the era that rent assistance went out
and the $600, the Stimmy went out, what it showed to me was,
it took us 10 years.
It took us a decade after 2008 to even get back
to a semblance of where we were.
The pandemic, it took us a year or 2008 to even get back to a semblance of where we were.
The pandemic, it took us a year or a year and a half financially to be back.
What it says is, in my mind, direct stimulus at a demand side level is far more fiscally
responsible than these trickle-down neoliberal policies.
I think we can spend less and get more.
Yeah, I know, we can definitely be more effective in intervening in economic, you know, situations.
Yeah, I don't think part of the government's role should be like, it's not like going to a personal
trainer and you come in and they're like, hey, you're looking a little fat. Let's do some abs
today and have the government constantly be smoothing the economy. Or I think it's hubris to think that it can control things. It's one thing when you have
a catastrophic adventure. But isn't it to prevent more catastrophic adventure at some level?
Well, this is where the theology comes in. No, but it's also like, remember, in the early
No, but it's also like remember, you know, in the early 2000s, you know, we had the tech bubble crash. Yes.
And then we had a bunch of, you know, accounting rules that were going to make sure that, you know, big, you know, the financial sector never fucked around with shit anymore.
Then, you know, the financial crisis hits large, I would argue, is largely because of government actions or is heavily abetted by government actions.
But don't you think those actions were all influenced
by the lobbyists from the Finnet?
When the government sets out to do something smart,
that gets watered down almost immediately
by the moneyed interests.
This is, you know, public choice economics talks about
how like we think people want to think of the government
as acting somehow differently than the private sector,
but it's oftentimes completely captured by the interests
that it's supposed to regulate,
or it is also just trying to build its own empire.
So it's gonna try and regulate more and more stuff.
So is the idea, Nick, if we were to boil this down,
let me ask you this,
is the idea maybe that's fundamental to our disagreement
that because government can be captured by the same corrupt and corrosive
interests that maybe business can be captured by.
And I remember having Greenspan on the show and saying, why did we have a crisis in 2008?
And he said, well, I think we thought that the banks would have done a better job of
regulating themselves.
And I was like, well, yeah, I did.
But the point being is the only way to prevent that,
to remove government,
is that your sort of foundational principle?
Not necessarily remove it completely,
but minimize its attempt to rig the system
in favor of particular outcomes,
whether that's for the little guy or the big guy
or whatever.
And let the natural order,
and you don't fear the natural order will be that the little guy's got no chance against money.
Yeah, I don't and I say this again, you know, this is coming from, you know, my father was born in
Hell's Kitchen in the 1920s. He did okay. I did much better than him. But what I'm getting at is the idea that I actually think
that capitalism offers more opportunities specifically
for people to rise up from the lower classes
and the middle classes.
You mean as opposed to communism or socialism,
is that what you mean?
Yeah, or like a super regulated market
where you're only getting into schools
because of, you know, what family you come from
and all of this kind of stuff.
Right, which is still a large part of the operating system
that we work with.
Absolutely, no, and nothing is perfect, right?
Nothing is perfect, but, you know,
we came out of the financial crisis with,
oh, now we know we're not gonna do anything
too big to fail, right?
And it's like, in fact, the financial industry,
the financial sector is more, you know, is more concentrated than it ever was. And everybody in
it knows that like, oh, no, we're too big to fail, which also means we can fuck around and find out
how bad. That's right. Just watch us. It is a very tricky thing. And once you start thinking like,
okay, the government can control stuff and make good outcomes like it does until you know, you realize how this was a big catastrophe. And I think with something like the COVID stuff, you know, when we're talking about there's there's economic issues, which are worth talking about. And I think, you know, the massive increasing and extending of unemployment benefits was really bad. And it's generated so much debt that's not going away even
if like the annual GDP growth is is increasing and things like that there were so many interventions
into the economy where if the government had done smaller smaller targeted things for shorter times
I think we would be better off well I think they were also not practiced with demand side stimulus.
And so maybe they just didn't understand quite what the real value of it was
because the amount of economic activity it generated even with wrecked supply chains.
So this brings us sort of around and Nick, I can't thank you enough for sitting and having the conversations because there's so much in it that is relevant
to today, but also so many places of agreement that people may not have thought.
Well, this is not an extreme philosophy and it is not a fringe philosophy.
It is most people.
Although can be exploited as such.
Oh yeah, totally.
And it can be vilified wrongly and it can be taken in bizarre directions and stuff.
But like basically what you're talking about is like you want to live in a world where you can,
you know, figure out who you are and build the world that you want to live in.
And you know, you, you know, and not to get too libertarian, you know, on this.
It means, you know, that like if you want to, if you want to marry, you know, if you're a man,
and you want to marry a man, you know, like, you know, anything
that is among consenting adults is good. If you want to smoke
weed, rather than, you know, whiskey, then drink whiskey,
like you shouldn't go to prison for that. And it shouldn't be
illegal to buy and sell this shit. And you know, and if you
want to run a if you want to run a business that does this,
versus that, like, you that, anything that's peaceful.
Yes.
And coming from somebody who still believes in government's ability to give people help,
yes, I also believe government is far too onerous, far too bureaucratic.
If I could give it anything, it would be a moonshot to dispel unnecessary paperwork
and to make it so that they don't have such ridiculous rules
for every project that has to satisfy every interest group
that ever walked the earth.
But that's part of what government is designed to do, right?
I mean, I think that's, I don't think that's a bug.
I think that's a feature of government. And you would argue, you know, and? I mean, I think that's, I don't think that's a bug. I think that's a feature. Maybe. Of government and you would argue, you know, and I understand this, capitalism's,
the feature is. That's what I'm saying. You know, it is like really, no, we need more girls in the
shirt waist triangle factory. I mean, in some respects, like, because they started off with
imperialism and colonialism and slavery. And so everything that they give us from that feels like it's a concession.
What are you talking about? We're paying you. You're not a slave.
Let's flip it now to at least what's happening now because I think there is a feeling that the
Trump administration is libertarian friendly and that Doge is libertarian
friendly. And I guess my vision of what they're doing does not match like the idea that, you know,
RFK Jr. is a give to libertarians seems crazy to me, but or that any of this is,
it's they're not talking about freedom, they're talking about fealty and
they're talking about, yes, free speech is a wonderful value unless we don't like it
and we will bring to bear even more authoritarian way to, so how are you feeling in this moment? So that is, you know, it's a fascinating kind of question.
And I can't really speak for other libertarians.
Sure.
But I am, you know, what I liked about Trump winning
is that I think it put a cap on a broad series of developments
and kind of policies and attitudes that had settled
over the country, kind of like a DDT fog that wasn't going away.
Are you saying I'm riding my bike behind the Trump administration as a fire hose?
Popping a wheelie on my banana seat and all this.
Right. wheelie, my banana seat and all this. Right, right. But, you know, and that had to do, you know,
there were certain things about wokeness
and about kind of, you know, policing of speech
in a public way that was onerous, you know,
and the only solution to that really is for people
that say like, you know what, I'm not going to allow you
to call me a racist, you know, and I'm gonna speak my mind.
I'm gonna be public about that.
Do you think that's purely a purview of the left?
No, no. I mean, this is, you know, people are now talking about the woke left is being replaced by
the woke right. And, you know, I mean, the idea that, you know, policing language so that, you
know, if you're in the presence of Trump or a Trump tart, and you call it the Gulf of Mexico,
they will be like, you no
longer exist to me or something.
And like, this is not progress by any stretch.
See, I always looked at it more as a function of social media, which kind of gave the villagers
who wanted pitchforks and torches a way to go after everybody, you know, and that includes,
by the way, things that have nothing to do with politics.
If you were to criticize, you know, one direction, you would get a shit storm coming your way.
Oh, it was great though.
And I like that.
I mean, I think it's empowering even as it fractures us.
Well, that's the other side is that's people expressing their speech.
Yeah, yeah.
And I mean, I was early on in Twitter or not that early on, but I remember when Bill Cosby,
you know, he was coming back with like a Netflix special and a tour and
stuff like that. And he had a Twitter feed, an official
Twitter feed. And they would put out stuff saying like, you
know, hey, you know, you know, Dr. Cosby wore great sweaters
on the Cosby show, you know, post your favorite sweater. And
everybody just like immediately went after him for all of the
sexual assault and rape allegations.
And it's like, that's the world I want to live in, you know, where, where like the big
people and the little people are suddenly kind of in the same room.
And that can be terrifying.
It's especially terrifying if you're a big person, right?
So I never had a problem.
Look, I feel like I operate, you know, a small artisanal talk shittery.
And if people want to like operate their talk shittery
back at me, that is only fair.
So I guess I'm trying to separate wokeness
from people just giving each other incessant shit
about everything.
But then you get to places where it becomes implemented
in terms of various kinds of speech codes,
as well as hiring policies at universities,
at corporations, you know,
because corporations are not in the business,
you know, corporations are just doing whatever they can do
to make the next buck.
I got a bumper sticker, corporations are pussies.
Like they don't want any trouble.
Like I'll tell you what, in terms of content creation,
the biggest sort of censoring blanket
that went over show business,
I didn't think was wokeness.
It was when Ron DeSantis sued Disney.
Yeah.
As soon as that happened, you saw people back off of content that they thought,
or like when Trump threatens to jail Zuckerberg.
Right.
I guess that's my problem is just the hypocrisy of it all.
I know, I agree.
And you know, and I'll say,'ll say, because you brought this up,
you had a really good and powerful and instructive moment
when you were raising questions about the lab leak
theory on Stephen Colbert show.
On Colbert show, yeah, on the late show.
And again, it's like what we found under Biden,
and I suspect if you go back far enough,
there was some of this under Trump and under Obama and Bush and like back before the FCC, you know, all of this stuff,
but where the government was actively leaning on people to say, do not permit this discussion or
tamp it down, etc. Have they ever not? Less now than ever. And this is one of the things
to bring back to Trump.
He signed an executive order saying that nobody
in his administration should be trying
to shut down conversation on social media.
Does he mean that?
No, I can tell you he doesn't mean it.
I think it's pretty obvious he doesn't mean it.
Listen, man, I've honestly never seen a president,
and I know they lean on people, I'm not naive.
I've never seen someone threaten to jail people who don't use the terminology.
I've seen them try and reveal sources in a way that I thought was, I think what
they did to Snowden was insane.
Like all those different things.
I've seen it, but he's making it explicit and yet was, was hailed as the free speech king.
Yeah.
So what I will say, and again, this is, I didn't vote for Trump.
I voted for the libertarian candidate because why not?
But Trump will be ineffective.
He's not going to actually jail people.
But isn't the threat of it all that matters?
Whether he jails them or not is kind of not the issue.
Yeah, it's terrible.
No, it is, it's not all that matters, but it is bad and he should be called out for
it.
I mean, in a way, Trump in a way, his whole career, his whole politics career is the triumph of talk back,
of telling the system go fuck yourself
because nobody wanted him.
The Republicans didn't want him originally.
Nobody wanted him.
So in a way he personifies a world
in which we are freer than ever to just say,
fuck it, I'm doing whatever I want.
Unless it's against him.
Yeah, as president, it is an awful thing.
And when you look at governors, DeSantis did this,
Greg Abbott in Texas did this too,
where they started writing laws that were tailored
to screw over social media companies that didn't like
because they thought they were censoring conservative voices,
which turned out not to be true.
Or educators that were teaching in a way that they didn't.
For all the complaints of the woke left, they've rarely ensconced it in law in the way that the right. Yeah. I and you could argue they
didn't have to maybe but it's all bad. Like any anytime the government, you know, you know,
Congress shall make no law, you know, a bridging speech. That's it. Like, and that that that should
be the case at the state level too and all of that.
Are you aligning with their other goals of, like, I personally, if you could make government more efficient, oh my God, I don't necessarily know that that's what they're doing. It feels
awfully inefficient the way they're doing it. Well, and it's a real mix of, you know, for me, the biggest problems with Trump as a figure
were had to do with immigration policy and tariffs.
And you know, he's just categorically awful.
You would not, a libertarian would not be protectionist in terms of, you even made the
point earlier in terms of cars.
You think that opening up that competition, let me ask you this, maybe this is a different way
to frame kind of DEI.
So for me, if you reframe that argument economically,
it maybe aligns a little bit more with how you feel.
Because what I think diversity and inclusion and equity
means, maybe not in the practice,
and I don't think it means sitting through that hour long seminar where everybody looks
at each other and goes, I never said that about her ass.
Like it's not that.
But I look at it as more competition.
You know, we have supply lines in this country, entrenched poverty and groups that have been
explicitly kept out of, uh, you know,
equity through government action and all kinds of other ways.
If you reanimate those supply lines, you strengthen the resist.
You know, don't think of it as diversity. Think of it as emerging markets.
Think of it as, as that.
And suddenly you view it as an engine of economic growth.
Right. I mean, is there a sports league that got worse after blacks were allowed to play?
And no, and you know, in every possible way, right?
It's just like, you know, you were you were walling off a huge source of, you know, powerful possibilities.
Veterans have been walled off in many ways.
Women were walled off.
People in poverty-stricken neighborhoods are walled off.
Appalachia has been walled off forever.
To me, that's what inclusion and diversity and equity means.
Unfortunately, those policies never had any,
they weren't reaching those people.
I mean, that's, yeah.
Because they're doing what they can, not what they should.
What they're allowed to do is,
you can address those shriveled supply lines
and reanimate them and get those communities involved.
So here's what we're gonna let you you do. We're going to let you have
an office on the eighth floor and every April, you're going to give us a presentation for two
hours that everybody hates. How about that? And that's what we're doing. Are you excited about
that project of Doe? Do you think it will bear fruit? Yeah, well, I am very excited by the idea of having, you know, a government that has done an audit of its workforce and of its activities.
Which, by the way, I think it does do. I think it mostly ignores it.
Almost every department there has to be audited.
Only defense doesn't pass them, but they do do that.
Yeah, well, actually, there's more like that.
And this is, I was excited the other day
when there were a bunch of tweets saying that,
oh, Doge has entered the Pentagon.
And it's like, okay, yeah, this should be very interesting.
The question is, what are the metrics they're looking for?
I just don't know yet if they're actually looking at value
or they're just looking at size.
That's right.
And a good example of this,
an economist friend of mine wrote about how at the FDA,
they had cut, apparently they had like cut 200 regulators,
like people who actually go through stuff
to see whether or not it's-
The very people who are doing it.
And if you keep the regulations in place and cut the workforce that is going to see if they're
complying, like you just make everything worse. And this is where I think the Trump administration,
not across the board, but in certain circumstances may actually be a good thing. So you take the FDA,
they named a guy Marty Macary, who's a professor from Johns Hopkins, who's pretty smart, you know, he'll be
reporting, I guess, ultimately to, to Robert F. Kennedy, which
is, you know, a whole other weird bag of weird, right? I
don't know, you know, like, but no, but I don't know, but if the
FDA and you know, and this is something coming out of a
libertarian perspective and analysis,
it costs way too much to bring new drugs to market.
It takes too long and it costs too much.
There are ways to bring more drugs to market without compromising safety.
And if the government would restructure the FDA,
and Macri has talked about this, RFK and the second,
his deputy at Health and Human Services
have talked about ways to do this.
If they do that so that it doesn't take
a couple billion dollars in 12 years
to bring a new drug to market, that's a big win.
And that is something that we could completely do.
We could do it overnight.
Until the shit hits the bed.
The problem with government, that using first principles
of business, like when I look at Elon, right?
What he's been able to accomplish,
however you want to feel about him,
it's pretty fucking remarkable.
Yeah, totally.
But it's a different ethos.
You have to blow up a shit ton of rockets
before you figure out the right way.
And the problem in the public sphere
is the public demands agility and also perfection.
Yeah.
Do you know what I mean?
It's sort of like the same way with our criminal justice
system.
I totally agree.
You know, we demand perfection that anybody
who's ever let out of prison cannot re, you know, recommit a crime or else we have to make the system utterly
ridiculous.
It have no, but I, you know, and, and in its best iteration or its best kind of
sense,
if Doge is going to help us go through and just trim out like, you know,
clean out the house, there's just too much shit in the house.
Man, I just don't have confidence yet.
No, and I agree because of the question of,
are they doing it well?
I have been thinking about this,
like Elon is bragging about how he's got
a bunch of preteen coders who are quants
and they can go through spreadsheets
and the stuff they're finding, like, you know, they keep finding massive mistakes, like where they were claiming a
contract they ended with ice was at $8 billion and it was actually $8 million and things
like that.
Like I worry that people think because you can fucking do Excel, you suddenly have wisdom.
That's going to be problematic.
I'll go beyond that, Nick. I think it's actually the bigger problem is it's ideologically antagonistic,
that they are viewing those people immediately through the prism of a parasitic relationship
to our money and viewing them immediately as enemies and suspicious. And even in the sense of when they sent the email,
it is in no way an unreasonable expectation that people who work for you, you would want to know
what they're doing and that they've been doing something. But if you don't work in that department
and just say to them, what are you been doing? And they tell you, you don't know if that's what
they're supposed to be doing or not. Meanwhile, they have to spend all this fucking time
figuring it out, which is inefficient.
And people at the Department of Defense,
the Department of Justice, and National Intelligence,
Tulsa Gabbard said, hey, don't comply with this.
So you're already at odds.
Having said that, it is important.
And this is where Trump won, and more important, he gained in almost every possible demographic subgroup.
So people are ready for a change, and that's the most important thing.
And I think Trump has set the stage for this, and he's opened up ground where we can start having more conversations.
It's up to each of us to come up with like,
okay, this is the way it should go.
Like I, you know, I was saying to my wife earlier
this morning, like I would love to go to Mars in my life,
but I don't want to fly there with Elon Musk
sitting next to me, right?
That's your breakfast convert, what's that over Eggos?
What are we talking about, Nick?
Have you guys run out of shit to talk about?
Yeah, we've only been married like less than six months.
Wait, is that really true?
Yes.
Oh, congratulations.
In any case, so what we're at, we are at a place where we understand, this is why the
Republican Party and the Democratic Part parties don't make sense. Like, again, since the end of World War Two, certainly the end
of the Cold War, maybe even the beginning of the century, like, it's all kind of played
out and it's not working that well. Like we need to, maybe the house isn't a complete
tear down, but we need to clean it up. We need to repaint it. We need to say, you know
what, we're, we're going to sublet that whole part of it. Like we don't, we don't need to clean it up, we need to repaint it, we need to say, you know what, we're gonna sublet that whole part of it,
like we don't need to be doing that.
And that's really important and vital.
And I agree with you in this sense of like saying,
if it's adversarial, if everything becomes adversarial,
then what we've, this whole century,
we've been going between, you know,
control, whole or partial control of the White House and the House of Representatives
in the Senate from Republicans to Democrats back and forth in a way
that hasn't been seen in over a century.
And it's because we haven't figured out a new consensus
that is actually that people can live with.
And so we just go from Biden being insane in this direction now Trump, you know,
and we're not getting to a resolution.
Oh, I think there's great opportunity,
and I agree with you with that.
Yeah.
No, and I think it's true.
And listen, I think one of the things I would say
is a lot of people, I think you and I included,
agree with a lot of the diagnoses,
that we look at these issues and we say it's sclerotic.
Or I would look at it as and we say it's sclerotic or, you know, I
would look at it as there's a really tough counterbalance now and that democracy is a
by nature kind of analog system and we live in a digital world and those tensions are
really hard to resolve.
But I would say in that moment, probably the conversation is about the remedies. And I'm looking at it right now with great fear
that this is not the remedy that will bring
that opportunity for that moment.
Well, I think let's, yeah, it is the opportunity
that's here and then the remedies that are being proffered
are not great.
What is interesting is to see,
you know, we're not even 100 days in, right,
to Trump, it's like a month and change.
Honestly, it feels like he's never not been president.
I don't remember.
I don't know.
I've said this before,
the presidency is supposed to age the president,
not the people.
I am withering. Yeah, it's really, really hard to think back even six months to what was going on. But again,
it's helpful and it's essential because when we look back on where we were, we've gone through
most of this stuff before and we figured out ways to improve on the past or to be better at what
we're doing. And I think we need to do that.
Right now, in a way, Trump has the high ground
for a little while.
But this is also true of every president.
By the summer, we'll know whether or not he is popular.
If his specific fixes are popular or not,
I suspect that they will be less popular over time.
But again, some of them, like, let's legalize drugs
at the federal level and just stop worrying
about a whole bunch of shit we've been worried about
for 100 years.
Let's come to, there is a broad recognition
that the US should not be the world's policeman.
But apparently the developer of Gaza. Yeah, no, well, that's different. Apparently we shouldn't be the world's policeman. But apparently the developer of Gaza.
Yeah, no, well, that's different.
Apparently we shouldn't be the world's policeman,
but we should just annex territories
and build casinos there.
Yeah, no.
I mean, this is where it's confusing.
And we need to get to a place where
the solutions that are being discussed
are actually good and legitimate.
And it'll be interesting to see if the Democrats,
like I'm very bothered by people being like,
oh my God, the Democrats have nobody,
the Republicans will win every election
for the next thousand years.
Because that's how history works.
Yeah, everybody has said that every,
when Bush was elected and then reelected
and then when Obama.
I'm old enough to remember when Fukuyama said history was over.
Yeah.
We were just done. We had triumphed. It was over.
And he, but he was, you know, in a way he was right in the saying, you know,
that liberal democracy is the way forward. And the one thing, you know, I mean,
Even that's in retreat now.
Kind of, kind of, but it's also true that like China is,
China is not democratic,
but it's like it's more capitalist than it was
when he said that.
But state-run capitalism is not free markets
and that would be antithetical to everything that you're,
and the more we become like Russia,
the less we become like the free markets that I think.
I totally agree with that,
but all I'm saying in China is that people are getting richer around the globe. I mean, one of the most important
and fascinating facts that nobody discusses, and I think they should be talked about much more,
there is a global middle class. The majority of people on the planet are at the middle class
or above level for the first time in human history. Is that really true? That's actually
very surprising to me.
There's a guy named Romy Carras at the Brookings Institution
has been writing about this for a decade.
And most of it is happening in Asia and in Africa
and South America.
And so we don't really care about that.
But you know what happens?
What happens when people get a little bit of extra money then and then you say, oh, you know here
You've got more money in the bank, but you can't spend it the way you want to people are like fuck you and like, you know
This this is a good problem to have globally and things like that
But this is what I want to happen for the United States. I want yeah there to be these as we talked earlier
I want those entrenched places of poverty. I think those are great
untapped engines of progress for things.
But Nick, I'm cognizant of your time.
I really appreciate the conversation.
I've enjoyed it so much.
Thank you, I appreciate it too.
And, you know, I mean, one of the things that you're doing,
which I think a lot of people who would identify themselves,
you know, as not being themselves, you know, as not
being a, you know, Republican, like a MAGA Republican, right? Like you are not freaking out.
Externally, I am not.
Everybody, well, I mean, yeah, but everybody is so oppositional that it's like, you know,
you're either voting for Harris or you're voting for Trump. And if you're not,
if you're not totally on board, don't wanna talk to you right well there's a purity test and litmus testing in almost everything but there are more people now in this identify as Democratic or Republican in polls.
And that's saying something. And it means that these organizations don't represent the large
masses of people anymore. And parties work better when they figure out, okay, where's the majority
at and how do we deal with that? Well, it's funny. It's almost like we have a parliamentary country
in a two-party government.
Yeah.
It makes it, like you say, it really makes it incredibly complex.
But I'd love to have the conversation again.
We'll pick it up again to see where everything's been going.
Let's go to a child-run factory in Bangladesh.
Always so cheery.
Is there a budget for that?
The always cheery Nick Gillespie as the Jersey comes out of them.
Editor at large of the Reason Magazine hosted the Reason
interview with Nick Gillespie podcast.
Nick, thank you so much for spending the time today.
Really, really enjoyed it.
Oh, it's my pleasure.
Thank you, John.
Thanks, man.
We are back.
We're joined by Lauren Walker, Gillian Spear, Brittany Mametovic. By the way, I love talking to that guy. Thanks man. We are back.
We're joined by Lauren Walker, Gillian Spear,
Brittany Mametovic.
By the way, I love talking to that guy.
I felt like I was, he's so smart
and he's got such a breadth of knowledge.
And even though we obviously like disagree on,
especially I thought the biggest one was exploitation
of capitalism being exploitative.
That surprised me.
I never, I do think it's an engine of prosperity,
but it very clearly has losers.
So, but I thought it was a very interesting conversation
and I very much enjoyed it.
Did we ever get that definition of libertarianism?
I don't know that there is one.
I was really listening for it.
It's whatever you want it to be.
I think something that really stood out was just,
while Jillian and I looking into this episode,
just how diverse libertarians are.
And I think a good-
Really much so.
Example of that is the fact that some people feel RFK
is within the libertarian camp.
And most libertarians also think that Ross Ulbricht
is in the camp.
So one person for legalizing drugs and the other for banning like red dye number three.
Yep, yep, yep.
You know?
Hey, look, and in this world order now, it's like Andrew Tate is the libertarian king.
Oh, boy.
Yeah, I don't think that's what they're talking about.
I think it's like a different philosophy, but he's an OG.
Yeah. And I like, you know, I spent a few days kind of in their quarter
of the public square.
And while I vehemently disagree with a lot of the things
that they believe in, I did appreciate that they don't
arrive at those ideas with the same gleeful cruelty
that you see in right-wing media,
and they don't filter everything through that lens.
It's really-
It's clear there's a real intellect, you know,
anybody who's coming at you with, you know,
Friedman and Hayek as the foundation of
what they're talking about,
isn't just in it for the dank Pepe the Frog memes.
Yeah, it's nice to be presented with ideas
I don't agree with in ways that I don't have
to recoil from.
Bars.
Jillian, put that on a pillow.
I like that very much.
Are people just writing in today to see if I'm still alive?
Because it appears the fragility of when you cut your finger.
I literally got a call from my mom.
They're like, are you okay?
I'm like, you were with me in childhood.
You know I'm like, I ran head first into trees.
What are you talking about, woman?
People are very concerned about your well-being.
So, it's nice to see you.
When you're anemic to begin with.
Oh, my god.
We did get one feedback that I'd love to read to you.
Please.
John, I love you. But if you keep using the line,
democracy is an analog system in a digital world,
I'm going to lose my mind.
I did it again today.
I know.
Why?
What do they think is, is it too cliched?
Is it trite?
What's the issue you think?
Well, listen to the rest of this.
Okay.
I could get drunk in a drinking game
for every time you say that.
That is true.
Much love brother, but really.
Well, we've been playing a drinking game this whole time.
So.
Wait, I gotta say though,
it'd be a drinking game over a period of months,
which seems like a long time to keep a drink.
I wish they had put in there why.
So now I don't know if they think that's incorrect
or just overused.
Overused, definitely.
It's sort of like when you're trying to make something
happen and then it doesn't happen.
Like fetch?
Yes.
It's my version of fetch.
But maybe that he'll write back and tell us.
Or after listening to this episode, he may be too drunk.
Have them to keep it coming.
How can they keep it coming?
Twitter, We Are Weekly Show Pod, Instagram threads,
TikTok, Blue Sky, We Are Weekly Show Podcast.
And you can like, subscribe and comment
on our YouTube channel, The Weekly Show with Jon Stewart.
Bang on guys.
Thank you as always for the incredible preparation and detail that you
provide in every episode that allows me to just sit and talk to somebody.
Lead producer, Lauren Walker, producer, Brittany Mametovic, video editor,
and engineer, Rob Vitola, audio editor and engineer, Nicole Boyce, researcher,
and associate producer,
Gillian Spear, and as always, our executive producers,
Chris McShane and Katie Gray.
Guys, thank you so much.
That was a really fun episode,
and I will see you all next week.
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