Latest / Uncomfortable Conversations with Josh Szeps / Inauguration Episode One: Josh & the Pro-Trumper
Transcript
- 0:00Get a humans, well, it is almost upon us just a few more days of democratic party control
- 0:13of the United States.
- 0:15On Monday, outside the same capital building that was ransacked four years ago, the instigator
- 0:23of that trashing will be sworn in as president of the United States again, if this show is
- 0:30about creating a safe space for dangerous ideas, well, there are a few conversational spaces
- 0:37that feel as unsafe as fraught as a conversation between someone who thinks it's a great thing
- 0:43that Donald J. Trump is returning to the White House and someone like me who doesn't.
- 0:49So in the interest of this show doing what it says on the tin, I wanted to have an uncomfortable
- 0:54conversation with the best pro-Trump voice I could find, the smartest, most articulate,
- 1:01most highly educated pro-Trumper.
- 1:05This won't be the only piece of content from a Republican that you will hear before
- 1:10inauguration day, on the day itself, we will release an episode where you'll hear from
- 1:15the other side of the Republican Party in the form of David from a regular, well, I suppose,
- 1:22two-time guest on this podcast, one of the most influential figures in the George W. Bush
- 1:27era, Republican Party, who worked for the White House on September 11th, helped to sell
- 1:33the Iraq War.
- 1:34He wrote the president's most defining phrase from his state of the Union, President Bush
- 1:39that is, which is the axis of evil, David from detest Donald Trump, and in his journalism
- 1:46and his magazine editing, he champions a brand of American conservatism that has frankly
- 1:52been totally steamrolled by the make America great takeover of the Republican Party.
- 1:57So you'll get the anti-Trump Republican on inauguration day, but today, the joys of a
- 2:03pro-Trump Republican.
- 2:05Although to call her a Republican is probably even a little unfair, Barcia Angasaghan was
- 2:11a leftist, you know, considered herself to be a liberal.
- 2:15She's the opinion editor at Newsweek magazine these days, but when she was at the University
- 2:20of California Berkeley getting her PhD in English, she was very much a campus lefty.
- 2:27She wrote two books, one is called Bad News, how woke media is undermining democracy,
- 2:35and her most recent book is called Second Class, How the elites betrayed America's working
- 2:41men and women.
- 2:42And if those sounds sort of like, I don't know, anti-woke conservative talking points,
- 2:48she and many others would say that that's only because she's trying to defend the conception
- 2:54of leftism, which focuses more on economics and less on cultural signifiers that became
- 3:00so dominant during the social justice reckoning of the past decade or so.
- 3:06She drifted self-admittedly from liberalism, from leftism towards what she calls leftwing
- 3:12populism.
- 3:13In other words, a position that is against American militarism, against rich elites who
- 3:19fly to environmental conferences in private jets to make themselves look good instead
- 3:23of supporting policies that defend the working class.
- 3:29You know what she actually reminds me a bit of is, do you remember eight years ago, Steve
- 3:33Bannon was kind of the Trump whisperer.
- 3:35Steve Bannon was the person to whom progressives who were shocked and horrified by Trump's
- 3:40ascendancy went to sort of understand the heartland of America.
- 3:45What just happened?
- 3:46Steve will tell us, Steve Bannon understands the appeal of this man.
- 3:49I think in this election cycle, the way in which Bata is being tapped by the mainstream
- 3:54media to explain the forgotten Americans of Trump's working class base is similar.
- 4:00You know, she works for Newsweek, she goes into the field, she does a little reporting,
- 4:04she understands this mindset and now she professes to have this mindset herself and she
- 4:10defends it very articulately.
- 4:12And you know, I think it's fascinating, absolutely fascinating to speak to someone who is
- 4:16extremely smart and articulate and a one-time lefty who can be a fan of a president who
- 4:25I think is deeply, deeply problematic.
- 4:30So I got her on the line.
- 4:31Now just want to preface this with a back some background on the H1B visa fiasco.
- 4:38If you've sort of seen headlines about this or tweets about this or something, some other
- 4:41social media posts about it, you may not be totally across it, but Bata brings it up
- 4:46as quite pivotal and quite important and we spend a fair bit of time on the H1B story
- 4:52in the context of explaining Trump's positions on immigration and the ways in which elites
- 4:57might have betrayed working Americans.
- 5:00So let's just take a moment to go through the sort of chronology of this fight within
- 5:06the Republican Party between Trump and I suppose Elon Musk and Silicon Valley, which is
- 5:10important to understand before you hear this conversation.
- 5:12So the H1B visa, as you may know, it's a foreign workers visa.
- 5:16It's not a permanent visa like a green card.
- 5:18You know, for a certain amount of time tied to a certain specific job and it's for high
- 5:22skilled workers.
- 5:24You have to have a university degree and your degree has to be in the same field as the
- 5:29job that you're being offered and that job must require, and I quote, the theoretical
- 5:35and practical application of a body of highly specialized knowledge.
- 5:39There are lots of problems with the program.
- 5:41It is swamped.
- 5:42There's a huge backlog there by some estimates.
- 5:45If the immigration department in the United States actually got through all of the number
- 5:49of applications for H1B visas that they get just from India alone, it would take more
- 5:54than 50 years.
- 5:56It is a broken program and everyone knows it, but the tech industry runs on it.
- 6:02The geniuses who are inventing artificial intelligence are overwhelmingly, disproportionately
- 6:10H1B visa holders.
- 6:12And of those people, Indians make up 75% of H1B petitioners.
- 6:17The next nearest country is China, which is 12%.
- 6:21So it's no surprise that once conversations start turning to the H1B program and tech
- 6:27billionaires talk about it in glowing terms, the working class, perhaps, I don't want
- 6:33to say racist, but definitely let's say the portion of the Republican party that is
- 6:39anxious about demography and about the unwiteening of America finds itself butting up against
- 6:44this sort of capitalist tech wing of the party.
- 6:49And this came to a head when Trump named one Indian American venture capitalist, Shriram
- 6:54Krishnan, to a top artificial intelligence policy post.
- 6:59And when that hit on social media, there was sort of floodgates of horrendous racist
- 7:05bio-directed to Shriram saying, well, you can imagine, I mean, he's just an Indian who's
- 7:12being brought over here as an indentured servant in order to do slave wage jobs and take
- 7:18jobs away from local Americans.
- 7:20I don't quite understand this whole idea about slave wages when you're talking about
- 7:23Silicon Valley jobs, but are they only earning 150 grand a year instead of 300 grand a
- 7:28year?
- 7:29Either way, the complaint is that there's downward pressure on salaries and that we should
- 7:34be giving these jobs to Americans.
- 7:37Now Elon posted back in November about this department of government expenditures, I think
- 7:44it's called, it's not a department, it's not a government department.
- 7:46This is just a name to troll lefties.
- 7:49It's an assignment essentially that President-elect Trump has given to Elon Musk and to Vivakram
- 7:56Aswami, who was one of Trump's competitors in the race for the Republican presidential
- 8:03nomination this cycle.
- 8:07So Vivak and Elon have been tapped to sort of look at government expenditures and see
- 8:11where things can be curtailed and rained in and how efficiencies can be derived.
- 8:17When Elon posted about this and he was basically saying on ex on Twitter, tell us what you
- 8:23think, tweeters of the world, we should look at in this analysis that Vivak and I are about
- 8:30to do.
- 8:31And Krishnan, the venture capitalist who has this new position as an artificial intelligence
- 8:36advisor, he said, he retweeted that and he wrote anything to remove country caps for
- 8:44green cards or unlock skilled immigration would be huge.
- 8:51We'll talk about pouring gasoline onto the fire, so he is this Indian guy who is already
- 8:58being resented by the white supremacist wing of the party now talking about removing caps
- 9:07on green cards and allowing lots more people to get permanent residency and also unlocking
- 9:12skilled immigration.
- 9:14There was a backlash of racially charged social media posts about Indians invading the
- 9:19United States.
- 9:20So the day after Christmas, Vivak Ramaswamy chimes in and obviously he's of Indian descent
- 9:29himself and he posted this to Twitter.
- 9:33I'm going to read the whole thing, it's long, you know, he's got a blue check marks
- 9:36so he can tweet things that are essentially essays, but I think it gives you a good understanding
- 9:41of the perspective, the anti-Trump or the non-Trump perspective of pro-Trump people who
- 9:48are in favor of retaining the H1B visa and you know, retaining the existing structures
- 9:55of legal immigration, perhaps reforming them, but still retaining the existing structures
- 10:00of legal immigration and are only on board with Trump's anti-immigration rhetoric when
- 10:04it comes to illegal immigrants.
- 10:07So Vivak posted on the day after Christmas, the reason top tech companies often hire foreign
- 10:15born and first generation engineers over, quote, unquote, Native Americans isn't because
- 10:20of an innate American IQ deficit, a lazy and wrong explanation, Vivak writes, a key part
- 10:28of it comes down to the C word culture, tough questions, demand, tough answers, and if
- 10:35we're really serious about fixing the problem, we have to confront the truth.
- 10:39Vivak goes on to write, our American culture has venerated mediocrity over excellence
- 10:45for way too long, at least since the 90s and likely longer.
- 10:50That doesn't start in college, it starts young.
- 10:54A culture that celebrates the prime queen over the math Olympiad champ or the jock over
- 10:59the valedictorian will not produce the best engineers.
- 11:03A culture that venerates quarry from boy meets world or Zach and Slater over screech
- 11:09ensaved by the bell or Stefan over Steve Irkall in family matters will not produce the
- 11:15best engineers.
- 11:17And then as an aside, Vivak Ramaswamy tweets, fact, I know multiple sets of immigrant parents
- 11:22in the 90s who actively limited how much their kids could watch those TV shows precisely
- 11:26because they promoted mediocrity and their kids went on to become wildly successful stem
- 11:32graduates.
- 11:34Vivak writes, more movies like Whiplash, fewer reruns of friends, more math tutoring, fewer
- 11:41sleepovers, more weekend science competitions, fewer Saturday morning cartoons, more books,
- 11:48less TV, more creating, less chill-on, more extracurriculars, less hanging out at the
- 11:55mall.
- 11:56At this point, I would just say it is adorable that Vivak Ramaswamy thinks that Americans
- 12:02have been hanging out the mall any time since the 1990s.
- 12:05I don't think people...
- 12:06And correct me if I'm wrong.
- 12:07I don't think people in the 2020s are hanging out the mall.
- 12:10Anyway, he goes on to write on Twitter.
- 12:13Most normal American parents look skeptically at those kinds of parents.
- 12:18More normal American kids view those kinds of kids with scorn.
- 12:23If you grow up aspiring to normalcy, normalcy is what you'll achieve.
- 12:30Now close your eyes, he writes, and visualize which families you knew in the 90s or even
- 12:34now who raised their kids according to one model versus the other.
- 12:39Be brutally honest, he says, I suppose this is an invitation for us to sort of racially
- 12:46code this and say that East Asians and South Asians are more likely to be studious
- 12:50than white people.
- 12:52He says, normalcy doesn't cut it in a hyper competitive global market for technical talent.
- 12:57And if we pretend like it does, we'll have our asses handed to us by China.
- 13:01This can be our Sputnik moment, Vivak writes, we've awakened from slumber before and we
- 13:07can do it again.
- 13:08Trump's election hopefully marks the beginning of a new golden era in America, but only
- 13:13if our culture fully wakes up.
- 13:16A culture that once again prioritizes achievement over normalcy, excellence over mediocrity,
- 13:23nerdiness over conformity, hard work over laziness.
- 13:28That's the work we have cut out for us, rather than wallowing in victimhood and just
- 13:33wishing or legislating alternative hiring practices into existence.
- 13:38I'm confident we can do it.
- 13:41So Vivak writes that, on the same day, Elon writes a post in a similar vein.
- 13:48Elon of course also is not an American, naturally born American citizen, he comes from South
- 13:53Africa.
- 13:54So he, like me, like Vivak, like Shriram, all came to the United States as foreigners.
- 14:01And Elon posted on Twitter, the number of people who are super talented engineers and
- 14:06super motivated in the USA is far too low.
- 14:10He wrote, think of this like a pro sports team.
- 14:12If you want your team to win the championship, you need to recruit top talent wherever
- 14:17they may be.
- 14:19That enables the whole team to win.
- 14:23This again was just pouring more fuel on the fire for the anti-immigrant wing of the
- 14:28make America great faction who felt like they had brought Trump into power.
- 14:34So you had right wing Marga activists like Laura Luma and Steve Bannon, who I mentioned
- 14:39before going absolutely bonkers.
- 14:42You had social media ablaze with, you know, not to mention right wing talk radio ablaze.
- 14:48Even Nikki Haley, the moderate Republican who had, you know, some people thought might
- 14:54be the best chance to oppose Donald Trump and beat him in the Republican presidential
- 14:58primaries, the former South Carolina governor.
- 15:01She said the tech industry was being lazy and needed to invest in our American workforce.
- 15:08Lefty's like Bernie Sanders agreed with this.
- 15:11Bernie came out and said, yes, the H1B program is broken.
- 15:15It's a way of suppressing the wages of local Americans.
- 15:18So you've got essentially this huge rift that is currently intention that Donald Trump
- 15:25is trying to straddle unless something massive has happened in this in the past week.
- 15:29Because as you listen to this, I'm currently on a South Pacific island.
- 15:32One of the great benefits of living in Australia is not only that we have the
- 15:37Asia waves of the South Pacific breaking on our beautiful beaches, but that we are also close
- 15:42to South Pacific island nations, although we're a very long way from anywhere else.
- 15:46And that because our summer is in the northern winter, we get these ludicrously long summer
- 15:52winters while everyone else is back to work.
- 15:54So I, you know, just picture me scuba diving somewhere.
- 15:57But as I talk as you hear my voice, I'm actually speaking to you on the ninth of January.
- 16:01So I'm just hope that nothing dramatic happens to the H1B situation in the coming week.
- 16:07Nonetheless, so this huge rift that exists as of this recording between the make America great
- 16:14again loyalists who want a hard line approach to all forms of immigration and the pro-immigration
- 16:20tech billionaires and executives who include some of Trump's closest allies and advisors
- 16:26from the tech sector.
- 16:28That having been established, I think we can get straight into the conversation.
- 16:33I hope you enjoy it.
- 16:34I think Barty was a great sport for coming on, knowing that I'm not a huge fan of Donald Trump.
- 16:40She's smart. She's incredibly articulate.
- 16:43She still baffles me quite a lot, but I hope you enjoy as much as I do.
- 16:47The one and only Barty at Angasada.
- 16:51What are you, how are you feeling at this point about Trump too?
- 16:55And we approach the inauguration day?
- 16:56I was feeling really good until the H1B visa thing.
- 17:04Interesting.
- 17:05And now I'm feeling why.
- 17:06Why is that definitive?
- 17:11His number one campaign promise was to reduce immigration
- 17:16and control the supply of labor that has resulted in the downward mobility of America's working class,
- 17:23which is why hundreds of thousands of people who were Democrats two years ago, or four years ago,
- 17:32or eight years ago, or 20 years ago, if you go 20 years ago, it's already millions.
- 17:40Millions of people who were Democrats 20 years ago, 40 years ago, 60 years ago, voted for him
- 17:46because he promised that he was going to bring back the American dream for the working class.
- 17:51And you can't do that when you're giving good jobs to people from other countries.
- 17:56And so your worry is that he looks like he's siding with the Elon Musk faction and the Silicon
- 18:01Valley faction in sort of supporting a continuation of this visa, which provides a work permit for skilled
- 18:09foreign workers, mostly.
- 18:11I can't tell at the moment if he's playing me, or like if he's playing MAG or if he's playing Elon,
- 18:19but he seems to be talking the Elon talk and tweeting and retweeting things and
- 18:25posting things, supporting expanding the H-1B visa program.
- 18:30So I feel pretty, but the people who are on my side of this debate in the MAGA movement
- 18:37who have more access to him than I do are not as worried as I am.
- 18:41And so I think maybe he's having conversations with people and telling them not to worry.
- 18:46So I'm sort of taking my emotional cues from them or at least I'm trying to, but this will be
- 18:50for me a huge deal breaker. I mean, like I, you know, this was this was the thing.
- 18:56Sorry, what would be if he if he didn't act on it or if he expanded it?
- 19:00If he was maintaining the status quo, be acceptable.
- 19:05Honestly, it would have been if Elon hadn't made this a crucible,
- 19:10but Elon Musk literally told the American people that they are too retarded to do these jobs.
- 19:16Like he literally retweeted something that called American workers retards.
- 19:21Newsflash, Elon being a provocative troll on X, it happens.
- 19:27Yes, I mean, that is just to be part of the price of admission, isn't that to the Elon show?
- 19:31I mean, I'm interested, I'm intrigued that this is your number one focus now.
- 19:36Because when you when you say that this is something that, you know, for the past 20 years,
- 19:41people have been deserting the Democrats on.
- 19:44Wasn't the core of Trump's message regarding immigration,
- 19:48certainly prior to his first election, that we have to get a handle on it,
- 19:52illegal immigration, rather than that we need to net reduce legal migration.
- 19:59No, I mean, that's the way I took it.
- 20:03That's the way a lot of people took it.
- 20:04Build a wall, get a handle on this, get this under control, figure out who's here,
- 20:08deport the illegals, you know, they're not bringing their best people,
- 20:12they're bringing their rapists and, you know, the gangs and the drugs,
- 20:15and all this is coming from illegal immigration.
- 20:17He doesn't spend a huge amount of time saying that, you know,
- 20:21migrants like myself who I live in, you know, the United States on rolling residency visas legally,
- 20:29that those sorts of people are a detriment to the country.
- 20:34Well, if you think about it, labor is like everything else, right?
- 20:38It adheres to the law of supply and demand.
- 20:41So the more you have of something, the cheaper it is.
- 20:45And the less you have of something, the more expensive it is, right?
- 20:49This is obviously true.
- 20:50This is never not true.
- 20:52And this is also true of labor.
- 20:54So when you bring in workers, legally or illegally,
- 20:59you're going to drive down the wages for native-born workers.
- 21:03Yeah, I'm not disputing that.
- 21:05There does seem to be downward wage pressure.
- 21:08Yeah, I mean, I guess I'm saying two things.
- 21:10One would be, I'm interested, this is the way that this interview has started for you,
- 21:15because I did not regard the reduction of legal immigration as being one of the core components
- 21:22of the election campaign, I regarded it as illegal immigration.
- 21:27If Elon Musk hadn't come out the gate and called American workers' retards,
- 21:31I wouldn't be thinking about this right now.
- 21:32But does that about everybody all the time?
- 21:35Like he and Vivek Ramaswami, who are put in charge of a department that has the right to question
- 21:42every single federal worker, called American workers retarded, lazy, and stupid.
- 21:48And they are just rhetoric.
- 21:50You can't say that you're going to write them off because they're using nasty rhetoric.
- 21:54I mean, people who support Trump have long ago made a deal that nasty rhetoric is not salient,
- 22:01that like every time someone, every time someone lefty has their hair on fire,
- 22:05because Trump said something ridiculous.
- 22:07They say, well, don't panic at attention.
- 22:09Of course, he's going to troll you, look at what he actually does.
- 22:12Look at what Elon actually does.
- 22:14He employs lots of high tech, high intellect people from all over the world,
- 22:19one of whom is himself.
- 22:21So yes, I'll grant you downward pressure probably on wages.
- 22:26The trade-off is, in the opinion of a pro immigrant person that at least on highly educated,
- 22:32high skilled jobs, you're collectively like the whole country is gaining as a result of having
- 22:39a much higher level of higher educated, highly skilled people.
- 22:43Wait, but that's actually nonsense.
- 22:44The H1Bs are not high skilled.
- 22:46These are actually quite low skilled workers.
- 22:49Elon Musk himself fired 4,000 workers and then applied for 3,200 H1B visas to replace them with.
- 22:57The H1Bs, there are about 500,000 between 500,000 and 600,000 people on an H1B visa here.
- 23:03And 30% of tech jobs, STEM jobs are being done by people who are foreign-born.
- 23:08This is not the best and the brightest.
- 23:10This is an indentured servant cast who work for about $40,000 less a year in the tech sector
- 23:19than American workers, which means that the best and the brightest Americans are now no longer
- 23:24going into tech because it pays $50,000 a year, $60,000 a year, and wages have not increased over
- 23:30the last 20 years because of all of these programmers who are being imported on these visas that
- 23:37tie them to a job. So they can't even leave that job, which of course reduces your wages by about
- 23:4225% economists estimate when you cannot threaten to leave.
- 23:46The whole thing is a scam. It is an anti-American, anti-worker scam.
- 23:52And you know what, if Trump was out there insulting American workers and calling Americans
- 23:56retarded, stupid, and lazy, he would not have gotten elected. He got elected because he told
- 24:02the people who have been called stupid, retarded, and lazy by the elites for the last 60 years,
- 24:08you matter, you deserve dignity, you deserve the American dream.
- 24:13To be surrounded by people, it's a counterfactual about you to know what would have been
- 24:18disqualifying for Trump supporters, but the experience of the past eight years is not an experience
- 24:26of it's not of him being held accountable for saying, yeah, but you're it's not a counterfactual to
- 24:32people who like spent the last 10 years interviewing thousands of Trump supporters, right? Like
- 24:39people who spend a lot of time with Trump supporters and working class people know what they
- 24:43liked about him and know what turned them off about him. And in the last three weeks, I've heard
- 24:48from hundreds and hundreds of people who see this exactly the way that I do. Like wow,
- 24:53on the substance, you may be right. I'm just quibbling with whether or not him calling
- 24:56workers retarded would have been saying it's like, I mean, he like he, yeah, I think we can
- 25:01park that. It's not that it's a story. I don't care about the slur part of it. It's the it's the
- 25:07no, no, I understand that it's not the fact that it's the R word. It's the fact that he's
- 25:10denigrating those people. But I mean, I just feel like the day before he denigrated John McCain,
- 25:15you know, during in 2015 or 2016 or whenever that was and said like, I like my war heroes,
- 25:21you know, who don't get captured. And for the day before he said that Iraq war veterans were all
- 25:26suckers because they were sent, you know, to die on a useless war or whatever language he used,
- 25:30you could have, there would have been many people in your position saying he cannot denigrate
- 25:35the military and military heroes and retain the credibility of the American heartland. And he
- 25:40did and he got away with it. And so he could probably say something about American workers and
- 25:44equally get away with it. And Elon will probably get away with this. That's all sort of a side show
- 25:48to your deeper point, which I think is a useful one, which is he has to find a way of not betraying
- 25:55the promises that the people who voted for him think that he made, regardless of whether those
- 26:00promises were promises that were made or whether they were sort of rhetorical flourishes.
- 26:06Can we zoom out a bit from just immigration and maybe paint a picture for me of what a successful
- 26:14Trump presidency, a successful Trump second term would look like. Like what's your,
- 26:18give me the wet dream scenario in four years time and then give me any concerns that you might have
- 26:24about it. Well, Trump was elected to do sort of three main things. He took a party, the GOP,
- 26:32which had been in its Reaganite version, a socially conservative party that supported free trade
- 26:38and free markets and supported foreign interventions. And he sort of took an axe to all three of
- 26:43those planks. He is not a social conservative. He's a social moderate. He is very anti-war. In fact,
- 26:50he's the anti, the standard bearer of the anti-war movement in America today. And he doesn't believe in
- 26:57free trade. He believes in protectionism. So those are the three things is, you know, to fight the
- 27:06kind of far left woke agenda with common sense social moderate views, which are reflected
- 27:13of 75, 80% Americans to not engage in foreign wars, but to protect the homeland and to do that
- 27:20through smart foreign policy. Tulsi Gabbard has this great line where she says, when it comes to
- 27:27terrorism, I am a hawk. And when it comes to counterproductive and pointless wars of regime change,
- 27:33I am a dove. That's, I think, the best encapsulation of the Trump foreign policy.
- 27:38And then just to keep protecting American workers and American wages through controlling the supply
- 27:45of labor by, you know, reducing immigration very significantly, both legal and illegal. And creating
- 27:53a lot of tariffs, new tariffs in order to make trade less appealing in terms of us importing
- 28:01cheap stuff from, for example, China. And to make it more compelling for companies to
- 28:07reshore manufacturing, manufacture here and buy the products of the labor of American workers and
- 28:13make those products, you know, both worth more, but also affordable relative to products that
- 28:19are coming from other places in the world, right? So right now, China's main competitive advantage
- 28:24is that it's willing to employ slave labor. That's unacceptable. And I think Trump has a very good
- 28:29handle on how to use tariffs in order to raise the wages of American workers. The way that he
- 28:36actually did very significantly in his first term, it's not something that you hear about a lot
- 28:39because the left didn't want to give him credit for anything. And the right hated it.
- 28:45But he actually was the first president in 60 years to shrink the income gap and the wealth gap.
- 28:51And, you know, so he's going to probably do a lot of that again. He's much more intentional.
- 28:54Right now, he's much more focused that you can see that in the cabinet picks and the way that he's
- 28:59even talking to the media. So that's kind of what I'm hoping to see. I don't see, you know,
- 29:04any indication that he's not very focused on these things. This new like manifest destiny thing,
- 29:10I don't know. It seems to me kind of like an attempted distract from each H1B visa stuff,
- 29:14but I guess we'll see where that goes to. One of the interesting wrinkles of his work on tariffs
- 29:19in the first term was that many lefties don't realize that the Biden administration continued
- 29:24some of those tariffs as well. That is correct. They even expanded them. Yes, but actually expanded
- 29:29some of them. There was a, I will probably agree, you and I will probably agree on quite a lot
- 29:38in terms of the betrayal of the middle class that was perpetrated by elites over the 80s and 90s
- 29:45and Norse in the sense that the deal with free trade was sold to everybody on the basis of,
- 29:52it makes everybody richer because Adam Smith, blah blah blah, each country does what it's really
- 29:57good at and exports what it excels in and everybody gets richer. And that is true except that
- 30:04unless you compensate the losers in that game, you end up with hollowed out industries and
- 30:11decrepit regions and lost towns and cities. And the deal was all of the excess wealth that gets
- 30:18generated by free trade should be then distributed to the losers that on balance everybody else,
- 30:24everybody will be better off. And that trade was just never made. There was no massive reinvestment
- 30:30in destroyed Appalachian towns as a result of the reduction of the manufacturing base
- 30:38when free trade sort of sprayed the upper classes with all of its benefits. The question is,
- 30:46are tariffs the most parsimonious solution to that or should we just have a better reinvestment
- 30:51of the fruits of free trade? Do you want Trump's tariff talk to come true or do you want it to be
- 30:56used as a bargaining chip? I agree with Trump. I think tariffs is one of the most beautiful
- 31:02words in English language, but it makes people poorer. It makes countries poorer.
- 31:06Every one of us is much richer. No, it makes the Americans who make the, say, washing machines
- 31:13that are suddenly, that suddenly have a massive tax on foreign versions of them richer.
- 31:18Correct. Because yeah. But then it makes everybody else poorer because washing machines cost more
- 31:23and are inferior. Actually, isn't true. I mean, that feels truthy so people think it's true,
- 31:29but it's actually not true. There's a lot of evidence that it just doesn't work that way.
- 31:32It turns out it actually costs a lot of money to ship things halfway across the universe. And
- 31:37you know, when you're making things at home, we know that it's not the case because in the first
- 31:42term, Trump imposed a 25% tariff on steel and aluminum coming in from China and every single
- 31:49economist said exactly what you're saying now, washing machines are going to triple and cost.
- 31:54No one's going to be able to afford a toaster. You know, forget about it. You know, it's going to
- 31:59every economist said that. And it turns out that for about four months, yeah, the price of steel
- 32:05and aluminum went up a little. And then it came right back down because we have a very healthy
- 32:10free market economy within the United States. And so it just didn't bear out the way that
- 32:16everybody predicted it would. It turns out that the Chinese actually slashed prices by 25%.
- 32:25Everyone says the Chinese aren't going to eat the cost of this. Actually, they are because
- 32:29they have an industrial economy. They have to keep the factories going. So they need a lot of
- 32:35it's not if it's operating at a last budget. I'm sure that I'm sure that you can find a lot
- 32:42of historical economists. You can look this up. The Chinese actually slashed the prices by 25%
- 32:48and guess what? They raised them on Europe by 25%. Hang on. Wait, wait, wait, wait, just just get,
- 32:53I don't want to waste all of our time on minutia. The basic claim is which almost all economists
- 32:59who aren't hacks or loyalists to Trump agree with that tariffs do get the majority of a tariff
- 33:04it's passed on as a tax to the consumer. I mean, the reason why foreign companies are charging
- 33:09what they can in America is is because they're keeping the price as low as they can to keep their
- 33:14profits nonetheless as high as they can be. And when it's not like they have a huge amount of fat
- 33:19lying around in the system that they're just hoarding as foreign profits, they're trying to
- 33:23be competitive. I understand why it feels true to you, but I'm trying to tell you. I'm literally
- 33:28giving you data of an example that disproved that from the first Trump administration.
- 33:33Well, okay, let me respond with the washing machine data, which I've just looked up while
- 33:36you were talking. Trump's washing machine tariffs says they headline stung consumers while
- 33:40lifting corporate profits. New research, this is from the New York Times in April 2019.
- 33:45New research shows how a move meant to aid domestic manufacturers instead padded profits and
- 33:50raised prices on a wide variety of laundry items. That's just why I pulled washing machines out
- 33:54of my ass before because it must have been laying around in my brain as an example of one of his
- 33:59tariffs on imported washing machines. It had an odd effect. It raised prices on washing machines
- 34:04as expected, but also drove up the cost of clothes driers, which rose by 92% last year. So I mean,
- 34:09we've all got there are all always facts. I don't think you've disproven centuries of economic
- 34:14theory on the basis of what happened to steel prices in 2019. The bigger question is the one
- 34:22that I just sort of asked before, which is do you actually think it would be good if his tariff,
- 34:27because I regard his tariffs as being a shrewder play than it sounds like you do. I regard the
- 34:32tariff talk as being a way to try to force other countries a bit like what I hope the NATO talk is,
- 34:38which is bluster intended to frighten other countries and get them to, you know, come to the
- 34:44table on things that Trump wants them to come to the table on rather than things that he actually
- 34:48wants to do. I think it's very good that China slash 25% of its prices in order to absorb the tariffs
- 34:57that Trump put on them when he put those tariffs on. I think that's great. I think they ate it.
- 35:03I think the price of steel and aluminum did not go up, but the average steel worker makes $88,000 a year,
- 35:09and this is in the South. So we're talking about right to work states. These are not even union
- 35:13jobs, and that is a solidly middle class wage in the South. So from that point of view, in his first
- 35:19term, he proved that tariffs can be completely, completely effective. They had the exact,
- 35:25the exact effect that he had intended. He was able to raise the wages of the working class in 2019,
- 35:334.5% wage increase of people in the bottom 25% of wage earners,
- 35:38but inflation was only 1.8%. So this is a person who understood how to manage an economy. So yeah,
- 35:45you can use tariffs as a negotiating tool. Great. Use it to get a better deal, but I think tariffs
- 35:50themselves actually work very well, because the problem right now is that the labor of American workers
- 35:57is too expensive relative to the cheap labor that you can get from places like China. And so we have
- 36:02to do something about that. That's not sustainable. Like I said before, slave labor is not a competitive
- 36:07advantage, and we should not accept it as such. We have to care about our workers first and foremost,
- 36:13and I think Trump has a very keen sense of how to do that. I mean, yeah, I hear all of that. I
- 36:19understand the sentiment, and I understand why that is emotionally compelling to people who work
- 36:25in jobs that can be done by Chinese people who earn next to nothing and who live in horrifying
- 36:31conditions. On the other hand, the most successful countries over the past few generations have
- 36:38been the ones that have had the courage to allow some of the low skilled industries to fall
- 36:43by the wayside, so that they can invest in higher value pursuits. My grandfather worked in the
- 36:51shoe industry in New Zealand. He worked all his life in this protected market where in New Zealand,
- 36:58you could only buy New Zealand products. There was no prior to the 1980s. There was no deregulation.
- 37:04So you just had a great job, a great cushy job making New Zealand shoes. Well, in the 1980s,
- 37:09in the era of Reagan and Thatcher, deregulation happened, globalization happened, and all of a
- 37:14sudden you could buy Asian-made shoes in New Zealand, and that industry was completely decimated.
- 37:21But now New Zealand is a much, much richer than they would have been if they tried to protect
- 37:24their shoe industries because they invest in high-end, clean agriculture, tourism, education,
- 37:29things which can't be done by a poor Chinese person. Well, but in America, they don't like
- 37:35Argentina, if they were protected. America's working class and middle class was much bigger and
- 37:40much richer in the 70s than they are today. So our GDP is much higher, but GDP, of course, is not
- 37:45evenly distributed, and so the rich people in America got much richer, and the middle class
- 37:50disappeared, and the working class are now struggling. That is unacceptable to me morally,
- 37:54spiritually, politically, economically, like that should be unacceptable to everybody.
- 37:59Yeah, I agree. That doesn't mean anything. You can't have a stable democracy without
- 38:05a middle class. It is unacceptable to live next door to people who will never be able to buy a
- 38:10home and employ them and know that because you were one of the winners, you made this point earlier
- 38:15about how they just didn't redistribute enough of the goods from globalization. I would totally
- 38:20disagree with that. Many more people today are on welfare than we're back in the 70s.
- 38:25Like, there's a lot of redistribution happening. The problem is that's not what people want.
- 38:30Working class people don't want to be bought off to sit at home on some universal basic income
- 38:35and watch their flat screen TV in some rented house, like they want the dignity of labor.
- 38:41They want to be paid. Well, this is what Trump understood and how he got all of these democratic
- 38:45voters because the Democrats model for the economy right now is basically we're going to ship
- 38:49all manufacturing to China. We're going to open the southern border and import a slave
- 38:54cast to do service industry jobs here. Bring a whole bunch of people from India to do all of the
- 38:58coding. Everybody who's in the knowledge industry with multiple degrees in a laptop job is going
- 39:04to make $250,000 a year. Everyone else will be on welfare. They're happy to pay that. Rich
- 39:12liberals love higher taxes. They're totally happy to be taxed much more and have people just sit
- 39:18at home watching television all day and like that's their model for the economy and what Trump
- 39:25understood was like, actually, that's not what working people want. They get a lot of dignity from
- 39:29work. They want to work. They just want their work to actually pay them enough to afford the most
- 39:34modest version of the American dream. That's the economy that he built. So that's the difference.
- 39:39Yeah. And just to clarify, when I say that the way in which the elites betrayed working people
- 39:46over the past few decades is that they failed to reinvest the gains of free economic progress
- 39:53to the people who fell by the wayside, my vision is not that that should be done by handing
- 40:00them a universal basic income and having them sit and watch their plasma TVs. There are countries
- 40:05that share exactly the sorts of concerns that you've got about the hollowing out of the middle class
- 40:10but have taken a more Bernie Sanders approach, Nordic countries, for example, or to some extent,
- 40:16countries like Australia, where the reinvestment comes in the form of training programs,
- 40:21investment in new industries, investment in affordable housing, investment in education,
- 40:26you know, policies to reduce the cost of tertiary education, ways of lifting people up so they
- 40:31can have a smaller liberal go at actually, you know, making something of themselves and pulling
- 40:37themselves up by their bootstraps, not by just sitting at home. But I completely understand that,
- 40:42you know, this is one of the interesting things that's happening in American politics and politics
- 40:45in so many places, which is that you've got a sort of a horse chewing of this,
- 40:52understandably enraged, populist reaction to elite betrayal. And that can come either in the form
- 40:58of a pro tariffs, sort of America first, nationalist vision, or it can come in the form
- 41:06ironically of Bernie Sanders, let's all be Denmark and share the spoils that way, vision.
- 41:14Do you know why you find yourself on one side of that equation rather than the other?
- 41:18Because that's where the American working class is. I mean, I wrote a book about this. I
- 41:24traveled around the country, interviewed hundreds of people, all of the polling suggests that is
- 41:27what American workers want. Then I want Medicare for all and affordable tertiary education.
- 41:32No, they actually, they do want much more access to affordable healthcare. They don't really trust
- 41:36the government to do it. They think that when the government gets its hands and stuff like that,
- 41:40they invariably mess it up. But I think people would support Medicare for all. Yeah, I think it's
- 41:48a great idea. I mean, that's not, they want much more access to healthcare and much less
- 41:52immigration. They hate welfare. They do not want welfare. They don't want to go to college.
- 41:57They're sick of being told that they're garbage because they didn't go to college. In fact,
- 42:01our economy is overproducing college degrees by about 50%. So one in two college grads are working
- 42:08in a job that doesn't require college degree. On the retraining, it's so ironic that when they
- 42:12started shipping their jobs off to China, Mexico to build up China, Mexico's middle class, they said,
- 42:17oh, you'll learn how to code. And now suddenly, it's like, oh, no, actually, we're going to bring in
- 42:21H1B visas to do all the coding. Like the whole thing is just a scam. It's our economy is an
- 42:26upward funnel of wealth from the middle class to the elites. And that's under, you know, the
- 42:30auspices of the Democrats. Sorry, sorry, sorry. There was a cartoon that I saw
- 42:38after the election of a bunch of MAGA hat wearing working class people who were down at Mar-a-Lago
- 42:46saying, yay, we managed to stick it to the elites and inside the walls of Mar-a-Lago, Elon and
- 42:51Donald Trump, drinking champagne. When people hear you say, you know, people are sick and tired of
- 42:57this upward funnel towards the elites, there will be a lot of people who think, well, hang on,
- 43:02we're talking about the richest people in America, billionaires, the Peter Teals, the Elon
- 43:06masks, the Donald Trumps, feathering their own nests. They're going to be writing laws that are
- 43:11great for SpaceX and are great for all the interests that they have. We've already seen what
- 43:16Trump's attitude towards cronyism and renting out his hotel to foreign dignitaries and his
- 43:21son-in-law getting billions of dollars from the Saudis as soon as he left office. I'm not saying
- 43:26this is unique to the Trumps. It's a common phenomenon of people feathering their own nests,
- 43:31but there is a certain shamelessness to it here that makes it sound a little bit rich when you say,
- 43:37oh, for too long, the working people have had to put up with elites feathering their own nests,
- 43:42now they're taking back power. How does Trump embody that?
- 43:49Anyone who thinks that should just talk to a normal person. Just talk to your
- 43:54but just because a normal person or a normal monkey on it, it doesn't mean they're right.
- 44:01I'm asking you a factual question and you're saying other people don't agree.
- 44:06The fact is is that in 2019, the bottom 25% of wage earners saw a 4.5% wage increase for the
- 44:13first time in 60 years and the top 25% of wage earners only saw a 2.9% wage increase.
- 44:19Like the facts, you cannot argue with the facts. The economy in 2019 was incredible before COVID due
- 44:25to very intentional policy put in place by Donald Trump to favor the working class over the elite.
- 44:35And working class people will point to the actual policies that help them.
- 44:39Now, if you want to sit there and say from the comfort of your job and your home and your,
- 44:44however much money you make, that you know better which policies would help struggling working class
- 44:49people, you can go ahead and do that. I don't believe in that. I don't believe that a person living on
- 44:54a shoestring budget has the has the luxury of being wrong about which policies help them and they
- 45:01were right. The economy was much better for them and they can point to the policies of why. They
- 45:06can point to the stuff that was put in place in the 70s when their parents were making a living
- 45:12wage doing the same jobs. Okay, let me let me let me let those things back and
- 45:18you look at the percentage of a of the country that was foreign born in 20 in 1971 which was the
- 45:24high water mark for working class wages. It was 4% and today it's between 15 and 16% which is the
- 45:31highest it has ever been in American history. The last time it came this close at 14% was the
- 45:36gilded age. Okay let's just come in equality. I just want to say one more thing. I am not a fan of
- 45:43Elon Musk. I'm not a fan of I think he's a China shill. I think that he is basically an aporotic
- 45:49of the Chinese Communist Party and I'm not thrilled that he's now you know having an impact.
- 45:55I hope he's not but if he's having an impact on policy I'm going to be very vocally opposed to
- 46:01that. The fact that Trump is rich is that somehow he was the person who took on both the Democrats
- 46:07and the Republicans and said this neoliberal economy that the two of you agree on I'm I don't want
- 46:15this. I don't like this and we're going to get rid of it. I can't think of another politician who
- 46:19took on both parties by himself stood there with no one behind him and said actually we're going
- 46:25to have a trade war with China so you can all pack it all up. You can't just act like that didn't
- 46:29happen. It didn't not happen because he's a billionaire. It happened and people know that it happened
- 46:35and that's why they voted for him. I just want to so let's just get concrete then and first I'll
- 46:41just want to just as an aside point out there there is a tired rhetorical chess move of like we're
- 46:48saying all right what is the capital of Belgium and instead of saying Brussels we say have you
- 46:54listened to the man on the street the innocent good hardworking Americans believes that the capital
- 46:58of Belgium is Paris so you out of touch elites sitting there with your cushy jobs with your cushy
- 47:03podcasts can say all you want that the capital of Belgium isn't actually Paris but I've been talking
- 47:08to the authentic man on the street who doesn't have the who doesn't have the time or the interest in
- 47:13engaging in this kind of like that's just irrelevant like what if we're talking about facts that
- 47:18talk about facts it's entirely possible to working people to be wrong about their interests and
- 47:22about policies in a democracy in a democracy the policy that the majority of the people want is
- 47:28supposed to happen of course but of course what they want actually does matter you can't just
- 47:33write it off no again that's a bad rhetorical chess move you say no one is disputing that what
- 47:38people have voted for is going to get enacted or has the right to be enacted we're evaluating whether
- 47:43or not it's a good or bad idea so no you ask why they don't hold it against Trump that he's a
- 47:50billionaire and I explained to you why they don't hold it against him you said isn't it so ironic
- 47:55that you on musk and Trump are sick you literally said your question to me but yeah I know what I
- 48:01asked you I'm careful with my words I did not ask you why middle Americans don't hold it against him
- 48:06I said it sounds a bit rich isn't it ironic so I explain why it's not ironic you said that there
- 48:13are lots of people who don't find it ironic which is different from actually giving me a reason why
- 48:17it's not ironic okay I think it's not ironic well okay so policy put in place was very good for
- 48:24working class people so if we're talking it's not ironic I mean it's surprising that a billionaire
- 48:30was the one who cracked the code and figured out how to actually make an economy that works yeah sure
- 48:35that's why I just asked the question that I've been trying to get to for five minutes which it
- 48:38which is if we're talking about this sort of funnel of wealth to the top end of town and you're
- 48:44saying that the reason why we should support Trump is because he's going to turn the volume down
- 48:50funnel is your claim that in four years the top end of town will not be as much richer than the
- 48:57bottom end of town as they are today the thing people don't understand about working class
- 49:01Americans is that they do not have class resentment against the billionaires and if you actually
- 49:07do look at the data and you compare 1971 to today so 1971 being that high water mark for
- 49:12working class wages when things were like really doing good when the majority of the GDP
- 49:17was in the middle the share of the GDP that at that time was controlled by billionaires and today
- 49:23is not very it's a little higher today but it's not like significantly different by an order of
- 49:27magnitude what is different is the top 20 percent so that upward funnel or wealth
- 49:33I'll reframe the question do you think that the top 20 percent the difference between the top 20
- 49:37percent and the bottom 20 percent will be less in four years so in 2019 the first time in six
- 49:43years that the top 25 percent of wage earners saw a smaller increase smaller percentage increased
- 49:50than the bottom 25 percent of wage earners now of course because they make so much more money
- 49:55I don't know I don't know I think the policies that Trump is putting in place are the kinds of
- 50:00things that shrink the income gap and the wealth gap they make working people without a college
- 50:05degree have more disposable income and have more of a fair shot at buying a home and raising
- 50:10their children and retiring indignity so I but you know that he accomplished that very clearly in
- 50:17the first term and he seems to want to do very much the same thing in a much more intentional way
- 50:23so I would yeah I mean like it looks like there's no reason to doubt that now anything could happen
- 50:29we can have another I know you you have limited time but but when you
- 50:40started this you were talking about three things right that he is sort of that you would hope
- 50:44that he fulfills his promises on one was anti-woveness the second was wars and sort of international
- 50:51order and the third was the economy we've only talked about the third but let's just quickly touch
- 50:55on I guess the second one going in reverse order yeah so the international order do you should we
- 51:02leave NATO should America leave NATO I don't really understand why NATO still exists because the
- 51:08Soviet Union does not exist anymore but I you know if if I think that if NATO is paying its fair
- 51:16share and we are not bearing the burden of protecting Europe from a threat that certainly is not a
- 51:22threat to us and it is I know that there are like reasons for us to think that this is a good thing
- 51:31for us to be a part of in terms of if we want to be maintain some sort of leadership in the role
- 51:39and in the world I'm not totally against America being part of NATO ideally we would put this
- 51:45to a referendum and ask the American people is this something that you think is important I think
- 51:50invoting for Trump what the American people are signaling on whether we should stay in NATO or not
- 51:55is yes we should stay in NATO but it should be fair we should be getting more bang for the buck
- 52:01that we are investing there because that is what Trump represented in the first term
- 52:06for me coming from a country that's a friendly a friendly foreign country and a medium-sized
- 52:10country that is the most intertwined with China of any free rich country the let me try out a
- 52:18possible argument for NATO or for and and this is not just about NATO but about I guess the stability
- 52:24of the international order that was established after the World War II and the importance of alliances
- 52:30of standing up to Putin and Ukraine and so on which would just be that throughout most of history
- 52:37in most times and places countries and federations and statelets and royal families have had to
- 52:44devote enormous amounts of money and effort and energy into maintaining standing armies
- 52:51because countries just randomly invaded each other when they could and took the spoils of war
- 52:56and that was the norm almost everywhere almost all the time and it ended up with two catastrophic
- 53:01world wars in the 20th century and after that everyone got together and said well let's raise
- 53:08the stakes and put in sort of trigger suicide triggers so that it becomes really really really
- 53:16expansive for people to declare war any other and roll tanks every other borders and so you know
- 53:22one was the mutually assured destruction idea of nuclear weapons and the other was NATO in the
- 53:27form of an attack on one is going to be an attack on everybody and my worry is that things are
- 53:33just going to become a lot more expensive because and a lot more unstable because everyone no one's
- 53:37going to know whether or not their neighbours are going to start to invade when they whenever they
- 53:41can if you don't have the linchpin of a bunch of rich free countries or standing shoulder to shoulder
- 53:47and saying you fuck with one of us you fuck with everybody does that resonate at all certainly
- 53:54makes me more anxious as an Australian you know what what becomes of Australians and South Koreans
- 53:58and Japanese and New Zealanders and Estonians and everyone I mean I don't think I I think that you
- 54:05know if we I will support an anti-China NATO like an alliance that said you know we're gonna
- 54:12take on China because China is actually an enemy of ours and a threat to us I don't see Russia
- 54:19as an enemy or a threat of the United States so I think it seems like it's pointed in the wrong
- 54:25direction well then you could bolster NATO I mean you couldn't you know you could invite
- 54:31Australia and Japan and South Korea into NATO the Chinese wouldn't like that yeah they probably
- 54:38wouldn't I think Americans Americans are sort of they're sick and tired of a lot of the foreign
- 54:46entanglements especially when we have so many problems here and I think that's very much my focus
- 54:52as well on workness just the first let's not let's wrap this up with your first thing do you
- 54:57think that Donald Trump turns the volume down on the craziness of the left he already has because
- 55:09when Democrats lose the hate losing Republicans don't mind losing because they lose they're used
- 55:14to it but Democrats I don't know why if I think to remember he kind of tried to raid the
- 55:19capital building in January after he did not lose gracefully but that's actually unusual for
- 55:25Republican Republicans don't the Democrats are really hate and they they really do open themselves
- 55:30up for a few months so you're already seeing the wokeness receding we hit peak wokeness I think in
- 55:36like 2020 so it's already kind of on the on the decline I don't think Trump is very interested in
- 55:42this I think he's really interested in foreign policy and I think he's really interested in the economy
- 55:46this is kind of the red meat for the elites of his side you know it's like elites always think that
- 55:52we're fighting culture cultural battles but we're actually fighting economic battles it's actually
- 55:58it's class warfare but to the elites because they don't have those pressing economic needs they
- 56:04prefer to fight each other and squabble over the cultural issues so I really I think this is going
- 56:09to recede into the background I mean you might see a few bills you might see some bathroom bills
- 56:13some sports bills you know keeping trans women out of women's sports which is you know
- 56:17supported by 85% of Americans so you might see stuff like that just wait that's very popular
- 56:25do you think that the left will be more reasonable under Donald Trump than they would have been under
- 56:29a Nikki Haley administration yeah really oh yeah from your lips to gods ears I hope so my instinct is
- 56:37that he arranges them the last question I started by asking you what you're most looking
- 56:43forward to or like what your wet dream of the next four years is what are you worried about what
- 56:47what would be what would be a bad thing that the Trump administration might do that would have you
- 56:54most frustrated disappointed despondent expand the each one be visa program
- 57:03you're a dog with a bone on this bacha it's not me I mean this is you know this is what he was
- 57:10elected not to do so you know it's it's not me it's people are really really up in arms about this
- 57:18and it's amazing because he did an hour long press conference and nobody even asked him about
- 57:23this because again the journalist belongs to the elite class the only question he got on this was
- 57:28someone asked him mr. president is it appropriate for Elon Musk to be insulting a foreign you know
- 57:35the prime minister of England like it's they're so it was just so I know it's so if you're
- 57:42adding the way I know I know I hear the way the media has responded is like so so petty every step
- 57:49of the way um bachi great to talk to you thanks for your time let's keep in touch throughout the
- 57:53Trump administration I'd love to chat to you again thank you so much take care