Latest / Stampede of Truth / Moore Money with Steve Moore - Voting Habits of Women, The Cornell 7, The Economy

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Moore Money with Steve Moore - Voting Habits of Women, The Cornell 7, The Economy · Stampede of Truth

• 0:10
  Speaker 1: It's More Money with leading economist Steve Moore.
• 0:14
  Speaker 2: Now, here's your host, Steve Moore.
• 0:18
  Speaker 3: Folks, we're back. It is the More Money Show. I'm
• 0:21
  Speaker 3: economist Steve Moore. Thanks again for tuning in on this
• 0:25
  Speaker 3: October weekend. My first guest for the day is Heather Higgins.
• 0:30
  Speaker 3: Heather is kind of an icon of mine. She has
• 0:33
  Speaker 3: been involved in the free market freedom movement for 40 years.
• 0:40
  Speaker 3: And she runs a group called Independent Women's Voice. She
• 0:44
  Speaker 3: also serves as the chairman of Independent Women's Forum, which
• 0:49
  Speaker 3: is one of the most important voices in terms of
• 0:53
  Speaker 3: persuading women that the freedom movement and conservatives and Republicans
• 0:58
  Speaker 3: is where they should be. Heather, thanks for joining. My
• 1:01
  Speaker 3: first question to you is maybe the most important question
• 1:06
  Speaker 3: of the year for Republicans, which is what do Republicans, Heather,
• 1:10
  Speaker 3: have to do to win the hearts and minds of
• 1:14
  Speaker 3: young women, especially single young women? I'm looking at these numbers.
• 1:18
  Speaker 3: Democrats have huge leads with young women. What's going wrong?
• 1:24
  Speaker 4: Thanks for having me, Steve. And I think where I
• 1:28
  Speaker 4: would start is It's very easy to be persuaded that
• 1:33
  Speaker 4: something's a good idea if the only thing you hear
• 1:36
  Speaker 4: are the good intentions and the benefits. And almost always
• 1:41
  Speaker 4: in our discussions, there's a lot of the hype and
• 1:46
  Speaker 4: no understanding of the costs and the downside and the
• 1:50
  Speaker 4: harms that come about from these things. And so... once
• 1:54
  Speaker 4: people understand that actually it's not free and it's not
• 2:00
  Speaker 4: less expensive, it's actually ultimately more expensive than it probably
• 2:04
  Speaker 4: entails having fewer choices. Or as that wonderful line from
• 2:07
  Speaker 4: those Harry and Louise ads said, it's not a choice
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  Speaker 4: if the choices they give you aren't the choices you want.
• 2:16
  Speaker 4: So a lot of what we do is all about,
• 2:19
  Speaker 4: you know, our method of communication is uh, you know,
• 2:24
  Speaker 4: a set of tools to help educate and inform people,
• 2:28
  Speaker 4: which in turn lets them change their own minds and, uh,
• 2:34
  Speaker 4: based on accurate facts to come to their own conclusions.
• 2:38
  Speaker 3: So what conclusions are different? Why do you think it
• 2:41
  Speaker 3: is Heather that, um, that women are so much more
• 2:45
  Speaker 3: attracted to the idea of free things and even socialism, um,
• 2:51
  Speaker 3: And why is it Republicans have lost so much ground
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  Speaker 3: with women? Let's put it beside the abortion issue. I
• 2:57
  Speaker 3: don't want to get into that. But just in terms
• 2:59
  Speaker 3: of the economic issues that we deal with, women tend
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  Speaker 3: to be more in favor of the higher taxes and
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  Speaker 3: more government regulation and more government control. And I don't
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  Speaker 3: get that.
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  Speaker 4: Well, that's because you're not as empathetic as we are.
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  Speaker 4: You're just like cold-hearted economists. Women care if people are
• 3:23
  Speaker 4: being helped or hurt. They really care about making sure
• 3:27
  Speaker 4: that there aren't harms that are occurring to people and
• 3:31
  Speaker 4: they want to fix them. And if they only see
• 3:35
  Speaker 4: the intention to make things better and to rectify these
• 3:39
  Speaker 4: things without understanding that actually this could make things a
• 3:42
  Speaker 4: lot worse because of the downsides of the way it's
• 3:45
  Speaker 4: being done, then there's a lot of resistance to it.
• 3:50
  Speaker 4: So women also, just statistically, if you go into it,
• 3:55
  Speaker 4: their lives are so busy with all of the stuff
• 4:00
  Speaker 4: that they wind up ultimately taking care of, that they
• 4:05
  Speaker 4: tend to focus on things only at the last minute.
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  Speaker 4: They don't get into the the long, deep arguments as much.
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  Speaker 4: It tends to be a more last-minute, who sounds like
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  Speaker 4: they care kind of a decision.
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  Speaker 3: So is it sort of a false compassion?
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  Speaker 4: I don't think it's false. I just think it's misinformed.
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  Speaker 3: Misinformed, okay.
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  Speaker 4: They're genuinely trying to be more compassionate, and they assume
• 4:33
  Speaker 4: that this sounds like it would be good because it
• 4:36
  Speaker 4: would take care of everybody. They don't understand, for example...
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  Speaker 4: You know that if you provide free health care to everybody,
• 4:43
  Speaker 4: then it's not that actually everybody's getting high quality health care.
• 4:47
  Speaker 4: It's that you're rationing it by making them wait a
• 4:50
  Speaker 4: lot longer by deciding that certain people really should get it.
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  Speaker 4: And there's no alternatives. And the quality and the choices
• 4:57
  Speaker 4: all go down while the costs all go up.
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  Speaker 3: You're independent.
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  Speaker 4: The other thing that happens is you also have more
• 5:02
  Speaker 4: single females. And females now are more concerned about costs,
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  Speaker 4: not only because they tend to be the ones who
• 5:08
  Speaker 4: make the economic decisions in the household, but very often
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  Speaker 4: because they're the only ones who are doing this. And
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  Speaker 4: they're looking out at their retirements, et cetera, and wondering
• 5:16
  Speaker 4: how they're going to pay for things.
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  Speaker 3: So that's exactly the case in our household where my wife, Ann,
• 5:23
  Speaker 3: who you've met, is just the one who does, she
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  Speaker 3: makes all the financial decisions and she does all the
• 5:28
  Speaker 3: shopping and she does all the, you know, pays all
• 5:30
  Speaker 3: the bills. So she's very attentive and she always yells
• 5:34
  Speaker 3: at me and she goes, Steve, you have no idea
• 5:36
  Speaker 3: what things cost and blah, blah, blah. So maybe that's
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  Speaker 3: part of it.
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  Speaker 5: Yeah.
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  Speaker 4: Can I tell you a funny story? When Obama was
• 5:43
  Speaker 4: first talking about his plans to bring around massive changes
• 5:47
  Speaker 4: in healthcare, which was not yet called Obamacare. That took
• 5:52
  Speaker 4: about a year and a half for that to happen.
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  Speaker 4: But it was very clear that it was going to
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  Speaker 4: be doing things like raising costs and making plans much
• 6:01
  Speaker 4: less available and affordable, and people would actually be losing
• 6:04
  Speaker 4: their insurance, not keeping their insurance, right? But you went
• 6:07
  Speaker 4: around on the Hill, and you couldn't get anyone who
• 6:12
  Speaker 4: was a congressman or a mayor to pay attention. Only
• 6:16
  Speaker 4: the women would pay attention. And I finally figured out
• 6:19
  Speaker 4: that it was because not only are the women the
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  Speaker 4: one taking care of all the doctor visits and paying
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  Speaker 4: the health care bills, et cetera, but also when a
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  Speaker 4: woman goes to the doctor, she asks on average six questions.
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  Speaker 4: When a man goes to a doctor, what do you
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  Speaker 4: think his average number of questions are?
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  Speaker 1: One.
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  Speaker 6: Zero.
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  Speaker 4: Do you know how hard it is to get to
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  Speaker 4: an average of zero? You understand that? So the problem
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  Speaker 4: is that men think that they're, you know, immortal and
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  Speaker 4: health care is not really their problem. And it's that
• 6:53
  Speaker 4: way with a lot of these things, whether it's the
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  Speaker 4: I mean, maybe guys pay attention to the cost of gas,
• 6:57
  Speaker 4: but the cost of food and the cost of health
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  Speaker 4: care and and paying all the little bills. That's it's
• 7:02
  Speaker 4: generally the woman who is doing that.
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  Speaker 3: And so your role at Independent Women's Forum is really
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  Speaker 3: to crack through this, and you've done an amazing job
• 7:12
  Speaker 3: over the last, I don't know, were you one of
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  Speaker 3: the founders of Independent Women's Forum?
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  Speaker 4: No, I wasn't one of the founders, but I came
• 7:20
  Speaker 4: along and was aware of what they were doing and
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  Speaker 4: eventually went on their board and slowly over time got
• 7:27
  Speaker 4: more and more involved.
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  Speaker 2: Right.
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  Speaker 3: And so what is the role here? of Independent Women's
• 7:35
  Speaker 3: Voice and Independent Women's Forum in terms of how you're
• 7:38
  Speaker 3: trying to persuade young women of the benefits of freedom
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  Speaker 3: and free markets? Or what would you say is the
• 7:45
  Speaker 3: overall role?
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  Speaker 4: Yeah, we try to.
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  Speaker 4: We have different ways of communicating than I think you
• 7:54
  Speaker 4: will find in most policy organizations and certainly different from
• 7:59
  Speaker 4: the political organizations. We never... you know, yell or we
• 8:04
  Speaker 4: never try to scare people. We don't demean anybody. We
• 8:08
  Speaker 4: are always looking for common ground and ways to open
• 8:14
  Speaker 4: eyes to the underlying reality that gets, you know, we
• 8:18
  Speaker 4: are very disturbed by a media culture that is all
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  Speaker 4: for the quick hit and the quick bite and not
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  Speaker 4: the long explanation of things. So trying to clarify, trying
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  Speaker 4: to make sure people know the actual reality is There
• 8:33
  Speaker 4: was a fun video that popped up in my feed
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  Speaker 4: this morning from John Stossel, and he said, and it
• 8:39
  Speaker 4: was all about how there are these videos all over
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  Speaker 4: the Internet about how Gen X can't afford this and
• 8:45
  Speaker 4: can't afford this, unlike the perfect 50s. And it just
• 8:49
  Speaker 4: walked through in a wonderful way how, yeah, it's still
• 8:54
  Speaker 4: called a house, but it's got twice the square footage,
• 8:58
  Speaker 4: and it's got things like air conditioning and disposal halls
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  Speaker 4: and a washing machine and a dryer and all this
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  Speaker 4: other stuff that you didn't have. The car that you're
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  Speaker 4: buying now lasts a lot longer, goes a lot further,
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  Speaker 4: has all these bells and whistles attached to it now
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  Speaker 4: that were not there. Yes, there was college, and there's
• 9:16
  Speaker 4: college now, but most people didn't go to college. It
• 9:21
  Speaker 4: was just sort of walking through... Claims are made that
• 9:24
  Speaker 4: things are apples to apples, and they're not. And so
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  Speaker 4: unpacking that as well as other costs. So we have
• 9:32
  Speaker 4: an ad series, for example, now that we're called.
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  Speaker 3: So hold on, Heather. By the way, can I hold
• 9:40
  Speaker 3: you over to the next segment?
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  Speaker 7: Sure.
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  Speaker 4: I'd be happy to.
• 9:43
  Speaker 3: Okay. Folks, this is The More Money Show. That's Heather Higgins,
• 9:46
  Speaker 3: who's my guest today. And we will be right back.
• 9:49
  Speaker 3: This is The More Money Show.
• 9:50
  Speaker 4: No.
• 10:29
  Speaker 1: It's More Money with leading economist Steve Moore.
• 10:33
  Speaker 2: Now, here's your host, Steve Moore.
• 10:37
  Speaker 3: We're back, folks. Thanks so much for joining the More
• 10:39
  Speaker 3: Money show. We are on every weekend. Our flagship station,
• 10:44
  Speaker 3: of course, is WABC in New York. Thank you. Our
• 10:47
  Speaker 3: ratings are excellent. So I appreciate everyone for covering out
• 10:52
  Speaker 3: some time on your weekend to listen to the show.
• 10:54
  Speaker 3: We're in the midst of a very important conversation with
• 10:59
  Speaker 3: Heather Higgins, who I think understands the politics of why
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  Speaker 3: women make the decisions they do in terms of elections
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  Speaker 3: and so on and politics better than any I know,
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  Speaker 3: which is Heather Higgins. She is the CEO of Women's Voice.
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  Speaker 3: And so, Heather, by the way, before the end of
• 11:20
  Speaker 3: the hour, I will be taking your calls on this
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  Speaker 3: very subject that I'm talking to Heather about. And I
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  Speaker 3: want to hear from the ladies out there. I want
• 11:27
  Speaker 3: to hear from you. about what you think Republicans need
• 11:30
  Speaker 3: to do to win back women's votes. And so you
• 11:34
  Speaker 3: can call in in about 10 or 15 minutes to
• 11:37
  Speaker 3: the More Money Hotline, which that number, of course, is 1-800-848-9222, 1-800-848-9222,
• 11:40
  Speaker 3: or the easier way to remember.
• 11:41
  Speaker 4: It is 1-800-848-WABC.
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  Speaker 3: I want to hear from the ladies. I want to
• 11:43
  Speaker 3: hear what you like or do not like about the
• 11:53
  Speaker 3: Republican messaging. What do you like and what do you
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  Speaker 3: like the least about what Republicans are saying today to
• 12:00
  Speaker 3: try to win Republicans votes? Heather Higgins.
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  Speaker 4: Well, the challenge I think that Republicans have is that
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  Speaker 4: the model of the Republican campaign is so focused on
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  Speaker 4: ginning up the, the core, you know, base vote of,
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  Speaker 4: and I'm sure they are effective with those who are
• 12:26
  Speaker 4: already voting for them, that it sometimes creates a lot
• 12:31
  Speaker 4: of collateral damage, in my view. It doesn't sound real.
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  Speaker 4: It's not engaging. People go, oh my God, that's just
• 12:39
  Speaker 4: another political ad, and they tune it out. If people
• 12:45
  Speaker 4: go to our YouTube channel for Independent Women's Voice, they'll
• 12:50
  Speaker 4: see a lot of ads. And one of the things
• 12:52
  Speaker 4: I think that they'll notice is that the ads are
• 12:54
  Speaker 4: fun and funny. I should say they're more videos than ads.
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  Speaker 4: So like the one called Trust Me that we did
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  Speaker 4: earlier this year is a woman talking to her boyfriend
• 13:08
  Speaker 4: and the boyfriend is a knight. And it shows the
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  Speaker 4: contradictions between how he's reacting to when Democrats do something
• 13:17
  Speaker 4: versus what Republicans do. And it turns out, I mean,
• 13:19
  Speaker 4: this is giving away the ad a little bit, but
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  Speaker 4: the boyfriend is the Democratic Party. But the way it's
• 13:26
  Speaker 4: done is fun. And people are all, they love the
• 13:28
  Speaker 4: ending because it's a big surprise and they want to
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  Speaker 4: share it. And another one is called Take Me Back.
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  Speaker 4: And that's the young woman who thinks the promises of
• 13:38
  Speaker 4: the DSA, the utopia vision that they paint is just
• 13:43
  Speaker 4: so enticing. And she just wants to rush ahead to
• 13:47
  Speaker 4: the future. And so this figure that's very much like
• 13:51
  Speaker 4: the character in, you know, Back to the Future shows
• 13:56
  Speaker 4: up in his DeLorean and takes her to the future,
• 13:59
  Speaker 4: which is this socialist paradise. And she gets to encounter that,
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  Speaker 4: you know, there are certain downsides to the promises made
• 14:06
  Speaker 4: as well as all the upsides. And then I think
• 14:10
  Speaker 4: I think you saw the ads that we just actually
• 14:13
  Speaker 4: we tested some of them against big spending companies. GOP
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  Speaker 4: ads that have a lot of money behind them right now.
• 14:23
  Speaker 4: And people liked our ads by 30 points more. This
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  Speaker 4: is not just among swing voters, but among base voters.
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  Speaker 4: It's just kind of fascinating because they're different and they
• 14:36
  Speaker 4: make a point. And we don't actually tell people what
• 14:40
  Speaker 4: to think. We just sort of point stuff out that
• 14:43
  Speaker 4: a lot of people don't otherwise understand. concentrate or think
• 14:46
  Speaker 4: about or have flagged and it's sort of this epiphany, oh,
• 14:52
  Speaker 4: you know, maybe they don't actually care so much about
• 14:54
  Speaker 4: these different groups that they say they care about because
• 14:56
  Speaker 4: this is what actually happens.
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  Speaker 3: So I have a friend who was saying to me
• 15:03
  Speaker 3: just half jokingly that, you know, if Republicans are going
• 15:06
  Speaker 3: to win, we're going to have to get more women
• 15:09
  Speaker 3: to get married because as you know, Heather, there's a
• 15:12
  Speaker 3: big gap between how married women vote, which is more Republican,
• 15:17
  Speaker 3: and single women who vote mostly Democrat. What do you
• 15:20
  Speaker 3: make of that differential?
• 15:23
  Speaker 7: It is true.
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  Speaker 4: The big gap is not so much male-female, but married
• 15:27
  Speaker 4: versus not married.
• 15:28
  Speaker 2: Right.
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  Speaker 7: And I.
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  Speaker 4: Think part of the differential is hearing a different point
• 15:36
  Speaker 4: of view and also not being the sole breadwinner.
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  Speaker 6: Right, right.
• 15:43
  Speaker 4: I think that part of the reason that the left
• 15:45
  Speaker 4: has been successful with women is the idea that if
• 15:50
  Speaker 4: you're single, then a government that pays for things and
• 15:55
  Speaker 4: picks up the costs of things and will support you
• 15:58
  Speaker 4: as sort of the nanny state throughout your life is
• 16:02
  Speaker 4: kind of an attractive idea if you don't understand what
• 16:05
  Speaker 4: it's actually going to cost and entail. Whereas I think
• 16:09
  Speaker 4: once people are married and paying the taxes and aware
• 16:13
  Speaker 4: of what these things are going to cost more and
• 16:15
  Speaker 4: having alternatives and feeling more secure in their own lives,
• 16:19
  Speaker 4: perhaps that's not as appealing. But interestingly, you know what
• 16:22
  Speaker 4: I've found, and this is just for your and your
• 16:26
  Speaker 4: audience's information. What we find is that swing voters who
• 16:30
  Speaker 4: are male are very similar to females. They really hate
• 16:39
  Speaker 4: being told what to think. And if you think about it,
• 16:43
  Speaker 4: most Republican advertising sits there and yells at you and
• 16:47
  Speaker 4: tells you what you ought to think, which is great
• 16:50
  Speaker 4: if you already agree with it. But if you don't,
• 16:54
  Speaker 4: just think back to your own life. I don't know
• 16:57
  Speaker 4: how often Ann puts you on the couch. Lovely, Ann.
• 17:02
  Speaker 4: And you probably deserve it, honestly.
• 17:04
  Speaker 3: Usually to lecture me, yep.
• 17:07
  Speaker 8: But if you try.
• 17:07
  Speaker 4: To tell her what to think, there's a good chance
• 17:10
  Speaker 4: that you're going to end up on the couch. And
• 17:12
  Speaker 4: the same is true of kids. And yet, though we
• 17:15
  Speaker 4: know this in our own lives, the political consultants who
• 17:19
  Speaker 4: make these ads act as though that's not true because
• 17:22
  Speaker 4: they act as though the only people they have to
• 17:24
  Speaker 4: talk to are the people who already agree with them.
• 17:27
  Speaker 4: I think that's a mistake. I think if you want
• 17:29
  Speaker 4: to have a functioning country, then you ought to spend
• 17:33
  Speaker 4: a lot of time trying to explain to other people
• 17:36
  Speaker 4: and educate them about why you think what you think
• 17:40
  Speaker 4: and so that everybody's better informed and can make better decisions.
• 17:44
  Speaker 3: So, you know, one of the things we've been making
• 17:47
  Speaker 3: the case at Unleash Prosperity, that this is a strong economy, that,
• 17:50
  Speaker 3: you know, we've got almost all the statistics are showing
• 17:54
  Speaker 3: Of course, the big one, obviously, and the other direction
• 17:57
  Speaker 3: is prices, inflation that people are very angry about. But
• 17:59
  Speaker 3: if you look at the amount of investment coming into
• 18:02
  Speaker 3: the United States, the fact that we have record low
• 18:04
  Speaker 3: number of people on unemployment benefits, the fact that we
• 18:06
  Speaker 3: have a record low poverty rate, the fact that we
• 18:08
  Speaker 3: have so many manufacturing jobs, we are seeing more construction,
• 18:14
  Speaker 3: we are seeing a record low amount of crime. You
• 18:18
  Speaker 3: would think that those statistics might be embraced by women.
• 18:23
  Speaker 3: I mean, women don't like crime for sure. And I
• 18:26
  Speaker 3: don't know, is it a problem Republicans aren't getting this
• 18:28
  Speaker 3: message out there or women don't care? Or why is
• 18:31
  Speaker 3: it that everybody is only focused on the price of gasoline,
• 18:36
  Speaker 3: which I understand that's the one, I've always said that's
• 18:38
  Speaker 3: one of the metric people look at, but there's so
• 18:41
  Speaker 3: many other positive things about the economy that benefit women
• 18:44
  Speaker 3: that seem to, that message doesn't seem to be getting out.
• 18:48
  Speaker 4: There's not a lot of that. So if you think
• 18:49
  Speaker 4: about news, It's much more focused on the story of
• 18:53
  Speaker 4: what's wrong. You don't see a lot of headlines crowing
• 18:58
  Speaker 4: about what's right. And particularly in an environment where the
• 19:03
  Speaker 4: corporate media seems to be largely a handmaiden for trying
• 19:07
  Speaker 4: to help Democrats win. Then they're not going to give
• 19:11
  Speaker 4: you the story or even the version of the story.
• 19:14
  Speaker 4: And there's so many stories that they're not sharing at all.
• 19:18
  Speaker 4: So it's very selective in terms of what people hear,
• 19:21
  Speaker 4: and people tend to react to what they're hearing, regardless
• 19:26
  Speaker 4: of what their own, shall we call them, lying eyes
• 19:29
  Speaker 4: are telling them, right? Who are you going to believe,
• 19:32
  Speaker 4: me or your lying eyes? And that's what the media
• 19:33
  Speaker 4: is telling people all the time. So don't believe your
• 19:36
  Speaker 4: own life. Your own life may be a little bit,
• 19:38
  Speaker 4: maybe you can afford stuff, but it's very unaffordable for
• 19:41
  Speaker 4: everybody else. Or it sets false expectations.
• 19:45
  Speaker 3: So just in our last couple of minutes, I'm going
• 19:48
  Speaker 3: to make you the head... of the Republican National Committee
• 19:51
  Speaker 3: for the next two weeks, two and a half weeks
• 19:54
  Speaker 3: or so until the election. What should be the Republicans'
• 19:58
  Speaker 3: closing argument about why it's important to hold on to
• 20:02
  Speaker 3: the House and the Senate and governor's races and so on?
• 20:06
  Speaker 3: And are Republicans doing enough to make people afraid of
• 20:09
  Speaker 3: this radical Democrat socialist agenda?
• 20:14
  Speaker 4: I would actually flip it on you and say the
• 20:17
  Speaker 4: problem that we have is that we've spent so much
• 20:19
  Speaker 4: time talking about being afraid of the radical socialist agenda,
• 20:24
  Speaker 4: which is real. And if it really does get a foothold,
• 20:27
  Speaker 4: it is worth being afraid of. But at the same time,
• 20:31
  Speaker 4: I used to work for Irving Kristol at the Public
• 20:33
  Speaker 4: Interest Magazine. And Irving always used to say, you need
• 20:37
  Speaker 4: a horse to beat a horse.
• 20:39
  Speaker 2: And that's true.
• 20:42
  Speaker 4: There hasn't been enough. And this is one of the
• 20:43
  Speaker 4: reasons I loved Newt Gingrich's contract with America, because it
• 20:48
  Speaker 4: gave Americans a list of if you vote for us,
• 20:52
  Speaker 4: this is what we are for and what we will do.
• 20:55
  Speaker 4: And he followed through on it and he did it. And,
• 20:58
  Speaker 4: you know, the House and Senate need to give people
• 21:03
  Speaker 4: more of a reason to be for them, not just us.
• 21:07
  Speaker 4: the policies that the Trump administration is doing, whether or
• 21:10
  Speaker 4: not you like President Trump, the policies are fantastic. The
• 21:15
  Speaker 4: question is, what is the House and the Senate going
• 21:18
  Speaker 4: to actually accomplish to further that agenda? And they ought
• 21:24
  Speaker 4: to be talking about what they're going to be doing
• 21:26
  Speaker 4: for people. There's a long list of things that they
• 21:30
  Speaker 4: ought to be talking about doing. And, you know, from
• 21:32
  Speaker 4: large things, like healthcare price transparency. Boy, if they would
• 21:37
  Speaker 4: promise to do that, that's a 90% issue.
• 21:40
  Speaker 3: They ought to be saying- Sorry, say that again. What's 90%?
• 21:44
  Speaker 4: Healthcare price transparency.
• 21:45
  Speaker 9: Oh, yeah, I love that.
• 21:47
  Speaker 4: 90% of healthcare transactions are non-emergency and should be shoppable.
• 21:52
  Speaker 4: But we have a system which deliberately makes it so
• 21:55
  Speaker 4: that you cannot see prices in advance. The hospitals know,
• 22:00
  Speaker 4: the insurance companies know, but they're making a bundle on
• 22:03
  Speaker 4: the deliberate obscurity of the process and being able to
• 22:06
  Speaker 4: move things around. So having the stones to say, we
• 22:11
  Speaker 4: are going to do this, even though, you know, obviously
• 22:14
  Speaker 4: a lot of the healthcare industry doesn't want that to
• 22:16
  Speaker 4: happen and private equity doesn't want that to happen because
• 22:19
  Speaker 4: they're making a bundle off of Americans on healthcare. But,
• 22:22
  Speaker 4: you know, having a list of things that they are
• 22:24
  Speaker 4: going to do that will drive healthcare costs down, drive
• 22:28
  Speaker 4: energy costs down, but also, you know, show that they
• 22:33
  Speaker 4: are looking out for Americans and women in particular. So,
• 22:37
  Speaker 4: for example, the Violence Against Women Act is coming up
• 22:40
  Speaker 4: for reauthorization in 2027. They ought to be saying, if
• 22:45
  Speaker 4: you elect us, we're going to get rid of this
• 22:48
  Speaker 4: horrible thing that was stuck in there in 2013 that
• 22:52
  Speaker 4: redefined away the idea of a woman being a woman
• 22:55
  Speaker 4: and changed it to anybody who identified as a woman,
• 22:58
  Speaker 4: which is why you now have every single battered woman
• 23:01
  Speaker 4: shelter in the country that wants any federal money has
• 23:04
  Speaker 4: to accept any male who says that he's female.
• 23:08
  Speaker 3: That's amazing.
• 23:08
  Speaker 4: You know, yeah, just.
• 23:10
  Speaker 6: Right.
• 23:11
  Speaker 4: And they have to accept them. And plus, they don't
• 23:13
  Speaker 4: deal with things like female genital mutilation, you know, training
• 23:17
  Speaker 4: and prevention of that. They don't deal with honor killings
• 23:20
  Speaker 4: and child marriages. You know, you ought to have our,
• 23:24
  Speaker 4: you know, Republican senatorial candidates promising that when VAWA comes
• 23:28
  Speaker 4: up for reauthorization, it's actually going to be about preventing
• 23:32
  Speaker 4: violence against women.
• 23:33
  Speaker 3: Well, these are great points, Heather. And that's why I
• 23:37
  Speaker 3: so wanted you on the show. I hope that every
• 23:39
  Speaker 3: Republican is listening to you. You really should be the
• 23:42
  Speaker 3: head of the Republican National Committee because these next few
• 23:44
  Speaker 3: weeks are going to be so critical that Republicans need
• 23:47
  Speaker 3: to get their message intact because they're falling behind. Thank
• 23:52
  Speaker 3: you so much, Heather Higgins. And when we come back,
• 23:54
  Speaker 3: by the way, I will be taking your calls. But
• 23:56
  Speaker 3: you know what? I'm going to discriminate. I'm going to discriminate.
• 23:59
  Speaker 3: I'm only going to take calls from... from the ladies,
• 24:02
  Speaker 3: from women, because I want to hear from you what
• 24:04
  Speaker 3: you think about what Heather said. Do you have other
• 24:06
  Speaker 3: advice about what Republicans could be doing to sell their
• 24:11
  Speaker 3: idea of freedom and free enterprise? Remember, the number is 1-800-848-9222.
• 24:15
  Speaker 3: This is The More Money Show, and we will be
• 24:18
  Speaker 3: right back.
• 24:20
  Speaker 1: It's More Money with leading economist Steve Moore. It's More
• 24:42
  Speaker 1: Money with leading economist Steve Moore.
• 24:45
  Speaker 2: Now, here's your host, Steve Moore.
• 24:49
  Speaker 3: We're back, folks. This is the More Money Show. I
• 24:51
  Speaker 3: hope you're having a wonderful weekend. We've been talking for
• 24:54
  Speaker 3: much of the past hour about why women tend to
• 24:58
  Speaker 3: hate Republicans. and why they've been trending more and more
• 25:01
  Speaker 3: towards Democrats. The data is pretty clear that Republicans do
• 25:08
  Speaker 3: well with married women, but they do terribly with single women.
• 25:13
  Speaker 3: And I'm perplexed by that. I'm not a woman, so
• 25:15
  Speaker 3: I don't quite understand it. The economic issues you would
• 25:19
  Speaker 3: think would be primary. And of course, Trump's economic policies
• 25:23
  Speaker 3: have been for the most part, a great success. And
• 25:26
  Speaker 3: this is, in many ways, a booming economy, notwithstanding the
• 25:29
  Speaker 3: fact that grocery bills and gas prices are high. But
• 25:34
  Speaker 3: you look at all the other statistics, incomes, wealth, the
• 25:39
  Speaker 3: amount of jobs, all of these things are looking very
• 25:43
  Speaker 3: strong for the economy, got a great stock market. So
• 25:47
  Speaker 3: my question for the day has been, why is it
• 25:50
  Speaker 3: that women don't like Republicans? And so we've got Valerie
• 25:54
  Speaker 3: on the line and we've got one or two open
• 25:57
  Speaker 3: lines still if you want to call in 1-800-848-9222. I
• 26:01
  Speaker 3: want to hear from the ladies. If you're a man
• 26:05
  Speaker 3: or I don't want to hear from you right now.
• 26:07
  Speaker 3: I want to hear from the ladies because I want
• 26:08
  Speaker 3: to learn from you about what Republicans need to do
• 26:12
  Speaker 3: to win back the female vote. So let's get right
• 26:15
  Speaker 3: to it. We've got Valerie on the line. Valerie, thanks
• 26:17
  Speaker 3: for calling. Are you there, Valerie? It's been known to happen.
• 26:29
  Speaker 3: It has been known to happen. I guess we lost Valerie.
• 26:31
  Speaker 3: Valerie from New Jersey. We hardly knew you. Let me
• 26:36
  Speaker 3: make another point about this. In my opinion, one of
• 26:41
  Speaker 3: the biggest dangers in our economy right now, and I've
• 26:45
  Speaker 3: said this many times on the show in the past,
• 26:47
  Speaker 3: that makes me very nervous about where we are headed
• 26:51
  Speaker 3: is the fact that marriage rates have fallen very dramatically,
• 26:56
  Speaker 3: and so has the number of children that are being
• 27:03
  Speaker 3: born each year. Remember, there was the population bomb that
• 27:08
  Speaker 3: we all talked about 50 years ago. Well, now we
• 27:11
  Speaker 3: have not a population bomb, but a population implosion, a
• 27:15
  Speaker 3: birth dearth. We do not have enough babies in this
• 27:18
  Speaker 3: country And it is problematic because we now have an
• 27:21
  Speaker 3: inverted pyramid. In other words, instead of our population growing,
• 27:25
  Speaker 3: we could see dramatic declines in our population. Of course,
• 27:30
  Speaker 3: we have immigration, and that makes up for some of
• 27:32
  Speaker 3: the population loss. But this is something that's happening all
• 27:35
  Speaker 3: over the world, and I find it deeply disturbing. In
• 27:38
  Speaker 3: a lot of ways, countries with falling populations usually have
• 27:44
  Speaker 3: negative economies. It hurts their economy. It doesn't help them.
• 27:48
  Speaker 3: And so We need to figure out how we can
• 27:51
  Speaker 3: get people married. Because I have, by the way, I
• 27:54
  Speaker 3: have three sons and two step-sons. So I have five
• 27:58
  Speaker 3: sons between my wife and I, all between the ages
• 28:01
  Speaker 3: of 19 and 32. And none of them are married.
• 28:04
  Speaker 3: And frankly, they're even having a hard time finding dates.
• 28:07
  Speaker 3: I don't know what's going on out there. But it
• 28:10
  Speaker 3: wasn't like this when I was dating back in the
• 28:12
  Speaker 3: 1970s and 80s. It was not such a hostile environment.
• 28:17
  Speaker 3: So what do we do to bring up the marriage rates?
• 28:21
  Speaker 3: What do we do to make women realize that, yes,
• 28:24
  Speaker 3: you can have a career, but you also want to
• 28:27
  Speaker 3: have kids. For those of us of a certain age,
• 28:31
  Speaker 3: you remember the old New Yorker cartoon where a lady
• 28:34
  Speaker 3: who looks like she's in her mid-40s, she says, oh
• 28:37
  Speaker 3: my gosh, I forgot to have children. Well, then it
• 28:40
  Speaker 3: becomes too late. And so I'm very worried about whether
• 28:44
  Speaker 3: that will happen to this generation of young women who
• 28:46
  Speaker 3: are so pursuant of their careers. And I think having
• 28:50
  Speaker 3: working women is a great thing. I'm not saying women
• 28:52
  Speaker 3: shouldn't work, but at some point, you know, it is
• 28:55
  Speaker 3: so important to your happiness. I mean, women and men
• 28:58
  Speaker 3: are happier when they have children and when they have
• 29:00
  Speaker 3: a family and when they're married than when they are not.
• 29:02
  Speaker 3: And so that troubles me as not just an American
• 29:06
  Speaker 3: who wants to, who loves children, but also someone who
• 29:09
  Speaker 3: cares so desperately about, uh, this country okay who we
• 29:14
  Speaker 3: got looks like we have came from denver eight arcade
• 29:17
  Speaker 3: area they are.
• 29:19
  Speaker 7: I am i'd like to talk to you i love
• 29:22
  Speaker 7: your shell i'm not dying hard eight w a b c.
• 29:25
  Speaker 3: Let you know that i have a yay hi i'd
• 29:29
  Speaker 3: definitely uh.
• 29:31
  Speaker 7: i'm single but i'm definitely and not a democrat it
• 29:37
  Speaker 7: just so.
• 29:38
  Speaker 3: Killing why do you think so many single women are
• 29:42
  Speaker 3: voting Democrat?
• 29:44
  Speaker 7: No, I don't.
• 29:46
  Speaker 4: None.
• 29:48
  Speaker 7: I don't know any single woman in my circle who
• 29:53
  Speaker 7: are not who are voting Democrat.
• 29:56
  Speaker 3: You run with the good crowd because the statistics show
• 30:00
  Speaker 3: that about two out of three single women are voting Democrat.
• 30:03
  Speaker 3: So you're running with more conservative women, but I'm really
• 30:08
  Speaker 3: troubled by this.
• 30:10
  Speaker 7: But let me just say something. The comments she made
• 30:13
  Speaker 7: played right into the hands of when Hillary Clinton in
• 30:18
  Speaker 7: 2016 blamed women who were married and voted for... They
• 30:24
  Speaker 7: did what their husband said, and they voted for Trump.
• 30:29
  Speaker 7: And I'm here to say, you know, my husband, or
• 30:34
  Speaker 7: if I have a husband, you know, I'm not married,
• 30:36
  Speaker 7: but I wouldn't listen to my boyfriend, you know, who's
• 30:40
  Speaker 7: going to be Republican too. It just, it works out
• 30:43
  Speaker 7: that way.
• 30:45
  Speaker 3: So in our last 30 seconds, what do you think
• 30:49
  Speaker 3: Republicans should be saying to women?
• 30:51
  Speaker 9: We've got 10, sorry.
• 30:52
  Speaker 3: 10.
• 30:54
  Speaker 7: I don't know what to say. Use your common sense.
• 30:59
  Speaker 3: Use common sense.
• 31:13
  Speaker 1: It's More Money with leading economist Steve Moore.
• 31:17
  Speaker 2: Now, here's your host, Steve Moore.
• 31:21
  Speaker 3: As you know, folks, this is the More Money Show.
• 31:23
  Speaker 3: And as you know, we have a big election coming
• 31:26
  Speaker 3: up in the beginning of November, which is only, what
• 31:30
  Speaker 3: is about three or so weeks away. And this will
• 31:33
  Speaker 3: determine who runs the state governments. This will, and by
• 31:37
  Speaker 3: the way, you have big, big, big governor's races in
• 31:40
  Speaker 3: New York and other surrounding states. Pennsylvania, I know we
• 31:43
  Speaker 3: have people throughout the country listening to this show, but
• 31:46
  Speaker 3: it also is going to determine who runs the House
• 31:48
  Speaker 3: of Representatives, and it will determine who runs the United
• 31:51
  Speaker 3: States Senate. Right now, as you know, Republicans have slim
• 31:55
  Speaker 3: majorities in both the House and Senate, but those are
• 31:57
  Speaker 3: very much in danger to the Republicans because usually the
• 32:02
  Speaker 3: party that is out of power and does not hold
• 32:05
  Speaker 3: the I'd say 80 to 90% of the cases, that
• 32:08
  Speaker 3: party actually, the out of party, I'm sorry, the out
• 32:12
  Speaker 3: of power party is usually the one that's expected to
• 32:15
  Speaker 3: pick up seats. I remember like it was yesterday, 1994,
• 32:19
  Speaker 3: when I was working for Dick Army and Newt Gingrich,
• 32:22
  Speaker 3: the Republicans picked up like 50, something like 50 House seats. Connor,
• 32:25
  Speaker 3: maybe you can check on that. It was a large number.
• 32:28
  Speaker 3: In 1994, how many Republicans were picked up in the
• 32:31
  Speaker 3: House and Senate? I think it was like they picked
• 32:32
  Speaker 3: up like seven Senate seats and at about 50 house seats,
• 32:36
  Speaker 3: even took out the house, uh, uh, the speaker of
• 32:39
  Speaker 3: the house, 54 seats in the house in one year. So,
• 32:44
  Speaker 3: you know, Republicans are behind the eight ball, no question.
• 32:46
  Speaker 3: That's just the natural course of things. Uh, but they
• 32:49
  Speaker 3: could hold the house. Uh, and in fact, we have
• 32:51
  Speaker 3: had elections where one party was supposed to sweep. And
• 32:54
  Speaker 3: then at the last minute, cause look, most people make
• 32:56
  Speaker 3: up their decision last week. You know, a lot of
• 32:59
  Speaker 3: people haven't even decided. And a lot of people don't
• 33:00
  Speaker 3: even know there's an election coming up. And so, um,
• 33:04
  Speaker 3: I do not believe all is lost by any stretch
• 33:07
  Speaker 3: of the imagination. The betting markets have it about 80%
• 33:11
  Speaker 3: chance that the Republicans will lose the House and about
• 33:14
  Speaker 3: a 60% chance that they will lose the Senate. So
• 33:18
  Speaker 3: I don't know what to make of that because I
• 33:22
  Speaker 3: think a lot of people, as I said, have not decided.
• 33:25
  Speaker 3: But the question of the day that we've been talking
• 33:27
  Speaker 3: about on this show, and you just heard me if
• 33:28
  Speaker 3: you're just joining, I went through the 10 or 15
• 33:31
  Speaker 3: amazing things that Trump has done on crime. on immigration,
• 33:35
  Speaker 3: on increasing people's incomes, the lowest unemployment rate in terms
• 33:40
  Speaker 3: of the number of people losing their jobs ever. I
• 33:44
  Speaker 3: think I neglected, Conor, to mention that we have the
• 33:47
  Speaker 3: lowest poverty rate in the United States. I think I
• 33:49
  Speaker 3: left that off the list. So maybe my greatest hits
• 33:52
  Speaker 3: album is going to be like 20 things, not the
• 33:55
  Speaker 3: 15 or 16 that I mentioned before. So look, Trump
• 34:00
  Speaker 3: has his faults.
• 34:01
  Speaker 6: I don't.
• 34:02
  Speaker 3: Always agree with them. Sometimes I think right now, less
• 34:05
  Speaker 3: Trump is probably better than more Trump, because I think
• 34:07
  Speaker 3: there is a little bit of Trump fatigue out there
• 34:10
  Speaker 3: with people. But if you look at the guy's record,
• 34:13
  Speaker 3: it's just hard to see why anybody would want to
• 34:16
  Speaker 3: go back to what the Democrats were doing to our
• 34:19
  Speaker 3: country just as recently as two years ago. So I believe, Mr. Producer,
• 34:26
  Speaker 3: we still have some ladies on the line, including, I
• 34:29
  Speaker 3: think you said Robin? From Manhattan. Valerie's back. All right. Well,
• 34:35
  Speaker 3: let's go with Robin. No, she dropped off. She dropped off.
• 34:39
  Speaker 4: Okay.
• 34:39
  Speaker 3: Let's go with Valerie. Okay. Valerie, you're back on. Can
• 34:44
  Speaker 3: you hear me? Yeah. I just have two more minutes
• 34:48
  Speaker 3: for you. So what else do you want to say?
• 34:49
  Speaker 9: I feel that I'm a mother of two. I was
• 34:54
  Speaker 9: a hippie. I was a liberal. I was uninformed and
• 34:56
  Speaker 9: I was easily influenced. Now I'm about to be a grandmother.
• 35:00
  Speaker 2: A grandmother, yay!
• 35:04
  Speaker 9: And I want to say that all the things that
• 35:06
  Speaker 9: you mentioned are so important. The Republicans are not fighting
• 35:09
  Speaker 9: fire with fire. They never have. And they need to
• 35:12
  Speaker 9: do that now.
• 35:15
  Speaker 3: You mean the Republicans need to fight fire with fire?
• 35:18
  Speaker 9: Yes. The Republicans do not know how to fight. And
• 35:21
  Speaker 9: they don't know how to get the message. They don't
• 35:23
  Speaker 9: know how to make people understand what the value is,
• 35:26
  Speaker 9: what the benefit is of all the things that you
• 35:29
  Speaker 9: mentioned that Trump has accomplished. And again, They don't know
• 35:33
  Speaker 9: how to make people understand the horrors of communism and
• 35:37
  Speaker 9: socialism and what that will do to their children. That
• 35:40
  Speaker 9: has to be emphasized above all else. They have to
• 35:43
  Speaker 9: visualize it, show it, get that message out, make them afraid,
• 35:48
  Speaker 9: make them understand that this is not a game, that
• 35:51
  Speaker 9: their children's lives are at stake. And they are not
• 35:55
  Speaker 9: doing that.
• 35:56
  Speaker 3: Well, this is a great point. Thank you so much
• 35:58
  Speaker 3: for your call. I learned so much from listening to
• 36:00
  Speaker 3: callers like you. And that's why I always say I
• 36:03
  Speaker 3: have the smartest audience in all of talk radio. You're
• 36:06
  Speaker 3: quite right. I mean, Republicans have to make their case.
• 36:09
  Speaker 3: And not only do they have to make the case
• 36:11
  Speaker 3: about the positive things that they've done on the economy,
• 36:14
  Speaker 3: we're going to be publishing on our website, by the way,
• 36:16
  Speaker 3: at Unleashed Prosperity, what I call the, you know, just
• 36:19
  Speaker 3: listed off to you, those Donald Trump's greatest hits album.
• 36:23
  Speaker 3: Because I think most people are not aware of this.
• 36:25
  Speaker 3: They haven't been paying attention to the fact that we
• 36:26
  Speaker 3: have lowest crime, lowest amount of illegal immigration, lowest poverty rate,
• 36:31
  Speaker 3: on and on and on and on and on. This
• 36:32
  Speaker 3: is a pretty darn good time in America to be
• 36:35
  Speaker 3: in this great country of ours. There is a reason
• 36:37
  Speaker 3: why everybody in the world, when they immigrate from the
• 36:41
  Speaker 3: country that they're in right now, where do they want
• 36:43
  Speaker 3: to go to? They don't want to go to Canada.
• 36:45
  Speaker 3: They don't want to go to China. They don't want
• 36:46
  Speaker 3: to go to Europe. They don't want to go to Mexico.
• 36:50
  Speaker 3: They don't want to go to Britain. They want to
• 36:53
  Speaker 3: come to the United States of America.
• 36:55
  Speaker 5: Why?
• 36:56
  Speaker 3: Because we are a prosperous country, but also it's because
• 37:00
  Speaker 3: we are a land of opportunity. And, you know, I was, uh,
• 37:04
  Speaker 3: I was really struck by this amazing video that I'm
• 37:07
  Speaker 3: sure you've all seen. I'm sure Connor, you've seen it,
• 37:10
  Speaker 3: the video, uh, of, uh, Elon Musk and his flying car.
• 37:14
  Speaker 3: And I've been telling people, by the way, we're going
• 37:16
  Speaker 3: to have flying cars sometime in the next 20, 25 years.
• 37:19
  Speaker 3: I didn't know we might have them as recently as, as,
• 37:22
  Speaker 3: as soon as, uh, In 2026. Right, exactly. And by
• 37:26
  Speaker 3: the way, I think I read somewhere you pay $ 250, 000
• 37:28
  Speaker 3: and you would get first in line to get one
• 37:32
  Speaker 3: of these flying cars. I don't know if I want
• 37:34
  Speaker 3: to be the guinea pig to be in the first
• 37:36
  Speaker 3: in line. Steve, you can give me a raise at
• 37:37
  Speaker 3: any time.
• 37:39
  Speaker 5: Right.
• 37:39
  Speaker 3: And so this is like the jet. Remember the old show?
• 37:42
  Speaker 3: Connor's way too young to remember the show, but there
• 37:45
  Speaker 3: was a cartoon that a lot of us grew up
• 37:46
  Speaker 3: with called The Jetsons where people would get in their
• 37:49
  Speaker 3: little hovercrafts and fly all over the planet. But this
• 37:52
  Speaker 3: is coming. And it is so cool that we have
• 37:56
  Speaker 3: this coming to America. And it's so cool that this
• 38:00
  Speaker 3: is all being invented by Elon Musk, who is an immigrant.
• 38:03
  Speaker 3: He came, I believe, from South Africa. You look at
• 38:06
  Speaker 3: the people on our top 10 list of greatest entrepreneurs,
• 38:10
  Speaker 3: three of the 10 are immigrants. And so they are
• 38:13
  Speaker 3: quite entrepreneurial and they are people who contribute to this country. So,
• 38:18
  Speaker 3: of course, we need immigrants. But we need Americans too.
• 38:21
  Speaker 3: We need Americans to fight hard to preserve our freedoms.
• 38:25
  Speaker 3: And I have to say, especially for the younger listeners,
• 38:29
  Speaker 3: and I'm sorry I talk about this so often, but
• 38:33
  Speaker 3: millions of Americans over the last 250 years have lost
• 38:37
  Speaker 3: their life to preserve the freedoms that you have today.
• 38:41
  Speaker 3: People have given their lives, their fortunes, their sacred honor
• 38:45
  Speaker 3: to preserve freedom. We are the freest place on the planet.
• 38:50
  Speaker 3: Do not give away your freedoms. Don't give your freedoms
• 38:53
  Speaker 3: away to politicians. Don't put more power into the hands
• 38:57
  Speaker 3: of people in Washington. They don't have your interests at stake.
• 39:00
  Speaker 3: They have their own interests. There's a reason the three
• 39:02
  Speaker 3: of the five wealthiest counties in America are in and
• 39:05
  Speaker 3: around Washington, D.C., because you send us money, we tell
• 39:09
  Speaker 3: you how much we're going to help you, and then
• 39:10
  Speaker 3: we get rich. This is the greatest scam that's ever
• 39:13
  Speaker 3: happened in human history. And yet Democrats fall for it.
• 39:17
  Speaker 2: Oh, yes.
• 39:18
  Speaker 3: Send us more money to Washington and we'll give you
• 39:20
  Speaker 3: free health care. We'll give you free food. We'll give
• 39:22
  Speaker 3: you free housing. We'll give you free this and that.
• 39:24
  Speaker 3: And the other thing, just give us more power. Don't
• 39:27
  Speaker 3: do that. It's a sucker's play, folks.
• 39:29
  Speaker 5: I mean, I.
• 39:30
  Speaker 3: Got smoke coming out of my ears right now. I
• 39:32
  Speaker 3: cannot believe people listen to these crazy people. like Mondani
• 39:37
  Speaker 3: and AOC, everything's going to be free. We're going to
• 39:40
  Speaker 3: take care of you. Cradle to grave help from the government.
• 39:44
  Speaker 3: That's not America. And you look, where do they have
• 39:47
  Speaker 3: those policies? Oh, yeah, they had them behind the Iran curtain.
• 39:50
  Speaker 3: I know many people listening to this show probably came
• 39:53
  Speaker 3: into this country from East Europe when they had, oh,
• 39:55
  Speaker 3: cradle to grave government. It didn't work out so well
• 39:58
  Speaker 3: for you, did it? Look at Cuba. Look at Havana today.
• 40:01
  Speaker 3: It's like the time that It's the land that time forgot.
• 40:04
  Speaker 3: Nothing has happened in 70 years since Castro brought communism
• 40:08
  Speaker 3: and socialism to these countries. The most amazing part, by
• 40:11
  Speaker 3: the way, is look at what is happening in South America.
• 40:14
  Speaker 3: There is a Trumpian revolution all over South America where
• 40:18
  Speaker 3: the citizens of every country from Colombia to Argentina, now
• 40:23
  Speaker 3: to Brazil, El Salvador, they're getting rid of the tyrants
• 40:28
  Speaker 3: and who say, oh, socialism, and all they do is
• 40:30
  Speaker 3: get rich themselves. And now they are moving to free markets,
• 40:34
  Speaker 3: lower taxes, more free enterprise. The only country that's talking
• 40:38
  Speaker 3: about moving in the opposite direction is the United States.
• 40:40
  Speaker 3: What's wrong with this picture, folks? I mean, it really
• 40:43
  Speaker 3: does make me quite angry. OK, so when we get back,
• 40:47
  Speaker 3: by the way, this is going to be so cool.
• 40:49
  Speaker 3: We're going to bring on Heather McDonald. By the way,
• 40:53
  Speaker 3: in the previous hour, I had Heather Higgins. This is
• 40:56
  Speaker 3: the more money show for the Heathers. But Heather McDonald
• 40:59
  Speaker 3: is going to talk about this case. I just cannot
• 41:03
  Speaker 3: get it on my mind. And I know this isn't
• 41:04
  Speaker 3: really an economic issue, but it's just kind of an
• 41:06
  Speaker 3: America issue. It's a fairness issue about what's going on
• 41:10
  Speaker 3: with what's called the Cornell 7. You've probably all been
• 41:13
  Speaker 3: following this case. And I'm just heartbroken by what's going
• 41:18
  Speaker 3: on in this. And I don't think that these kids
• 41:21
  Speaker 3: have been dealt with fairly. I don't know all the
• 41:24
  Speaker 3: facts of the case. Heather does. And she's going to
• 41:26
  Speaker 3: explain to me what's going on here because she's one
• 41:29
  Speaker 3: of the great journalists who's really uncovered what I think
• 41:34
  Speaker 3: is a scandal, actually, what is going on in that case.
• 41:36
  Speaker 3: So we will be right back, folks. Do not leave
• 41:39
  Speaker 3: because you're going to love what Heather has to do,
• 41:41
  Speaker 3: even if you don't agree with her. And I think
• 41:42
  Speaker 3: you will. It's an amazing conversation about one of the
• 41:46
  Speaker 3: biggest supposed crimes in recent times. This is The More
• 41:51
  Speaker 3: Money Show. Thanks for listening. And we will be back
• 41:54
  Speaker 3: in two minutes.
• 41:56
  Speaker 1: It's More Money with leading economist Steve Moore. It's More
• 42:11
  Speaker 1: Money with leading economist Steve Moore.
• 42:14
  Speaker 2: Now, here's your host, Steve Moore.
• 42:18
  Speaker 3: We are back, folks. This is the More Money Show.
• 42:20
  Speaker 3: I've been waiting for this moment a long time. We
• 42:22
  Speaker 3: have chased down Heather MacDonald. She is one of the
• 42:26
  Speaker 3: great social critics of our time. She is, of course,
• 42:30
  Speaker 3: you all know her from her writings and her TV appearances.
• 42:34
  Speaker 3: And also she is a fellow at the great Manhattan
• 42:38
  Speaker 3: Institute outside of New York City. So Heather, thank you
• 42:43
  Speaker 3: so much for joining.
• 42:44
  Speaker 5: Thank you so much for having me on, Steve. I
• 42:46
  Speaker 5: appreciate it.
• 42:47
  Speaker 3: So a lot I want to cover with you, Heather,
• 42:50
  Speaker 3: and I'm just going to start by saying that You know,
• 42:54
  Speaker 3: I've been following the Cornell case. I don't know all
• 42:57
  Speaker 3: the facts. I'm going to say that right out front, folks.
• 42:59
  Speaker 3: I don't know all the facts. I don't know what
• 43:01
  Speaker 3: really went on in that fraternity. But this is something
• 43:04
  Speaker 3: that's been bothering me, Heather, for, I don't know, 20 years,
• 43:08
  Speaker 3: which is that these these laws basically in this case
• 43:13
  Speaker 3: of the Cornell seven, every the the the gentlemen, the
• 43:18
  Speaker 3: men who are accused of this rape, and again, I
• 43:22
  Speaker 3: don't know what happened in that fraternity house, but the
• 43:24
  Speaker 3: men who are accused of rape, we know their names.
• 43:28
  Speaker 3: They have been published all over the country, and yet
• 43:30
  Speaker 3: the accuser is not named. And that just seems to
• 43:35
  Speaker 3: be outrageous, a miscarriage of justice. If these men are innocent,
• 43:39
  Speaker 3: and again, I don't know if they're innocent or not, Heather,
• 43:42
  Speaker 3: but their lives have been ruined.
• 43:46
  Speaker 5: Well, it's typical of the double standard that prevails through
• 43:49
  Speaker 5: everything that feminists now control. We're told that we're supposed
• 43:55
  Speaker 5: to believe survivors, that this is also an incredible violation
• 44:03
  Speaker 5: of due process of law where you assume innocent until
• 44:07
  Speaker 5: proven guilty. One of the most terrifying moments in the
• 44:11
  Speaker 5: Brett Kavanaugh hearings was the sight of seeing Lawyers, students
• 44:17
  Speaker 5: at Yale Law School and Harvard Law School chanting, believe survivors.
• 44:22
  Speaker 5: Those students have a very high likelihood of ending up
• 44:26
  Speaker 5: on the federal bench. They're the two most elite law
• 44:30
  Speaker 5: schools in the country. If you have a judge that
• 44:34
  Speaker 5: her watchword is believe survivors, a defendant, a male defendant
• 44:39
  Speaker 5: in her courtroom is going to get no due process
• 44:43
  Speaker 5: of the law. But the double standard here goes further
• 44:47
  Speaker 5: than that. You're only supposed to believe survivors when they
• 44:52
  Speaker 5: tell you that they've been raped. Because this Jane Doe,
• 44:56
  Speaker 5: we're seeing a lie unfold before our eyes. The media
• 45:00
  Speaker 5: is completely... burying the relevant evidence. I think we have
• 45:04
  Speaker 5: a pretty good idea, actually, Steve, what went on in
• 45:09
  Speaker 5: that frat house because of her own statements. And up
• 45:14
  Speaker 5: until the moment.
• 45:16
  Speaker 3: Hold on, Heather, just one sec. You mean this woman's
• 45:19
  Speaker 3: own statements?
• 45:21
  Speaker 5: She was texting for three weeks after this sexual encounter.
• 45:28
  Speaker 5: She was texting with the.
• 45:32
  Speaker 5: Participants and saying things like, we know this wasn't sexual assault.
• 45:36
  Speaker 5: Everything we did was perfectly legal. I love you. You know,
• 45:41
  Speaker 5: can't wait to see you. People are just too uptight
• 45:44
  Speaker 5: about sexual liberation. This is the norm now. You know,
• 45:48
  Speaker 5: they should just sort of stop being so prudish. And
• 45:52
  Speaker 5: it was only, she then wanted to go back to
• 45:55
  Speaker 5: the frat house where she was allegedly, what her story
• 45:59
  Speaker 5: is now, raped. for their Halloween party, and the frat
• 46:06
  Speaker 5: president said, no, you can't come for your own good,
• 46:10
  Speaker 5: because there were rumors circulating that she was a slut.
• 46:14
  Speaker 5: It was only at that point, when she had been
• 46:16
  Speaker 5: dissed by the frat, that she decided that she had
• 46:21
  Speaker 5: been raped. So if you believe survivors, I'm going to
• 46:25
  Speaker 5: believe Jane Doe in the first three weeks, after this
• 46:30
  Speaker 5: incident occurred, but the rule is, here's the wonderful double standard,
• 46:36
  Speaker 5: if an alleged survivor says she has not been raped,
• 46:41
  Speaker 5: that's all the stronger proof that she has been raped
• 46:44
  Speaker 5: because she's so traumatized. So basically, the proposition of campus
• 46:50
  Speaker 5: rape is non-falsifiable. If you say you've been raped, you've
• 46:54
  Speaker 5: been raped, and if you say you haven't been raped...
• 46:56
  Speaker 5: You've been raped.
• 46:57
  Speaker 3: Heather, what about the, you remember that Duke case, right?
• 47:01
  Speaker 3: With the Duke soccer team, was it? Lacrosse, I believe.
• 47:04
  Speaker 5: Lacrosse, yeah.
• 47:06
  Speaker 3: Yeah.
• 47:06
  Speaker 7: It was all a hoax.
• 47:07
  Speaker 4: But you know what?
• 47:08
  Speaker 5: Here's another thing, Steve. Here's why I know that this
• 47:11
  Speaker 5: whole campus rape hysteria is fake. Here's what's been going
• 47:15
  Speaker 5: on at the Cornell frats in the two years since
• 47:18
  Speaker 5: this incident happened, which was October 2024. The frat parties
• 47:23
  Speaker 5: have not been going on only for two weekends. There
• 47:27
  Speaker 5: were two weekends when there was a campus-wide suspension of
• 47:30
  Speaker 5: the frat parties. Every other weekend since October 2024, here's
• 47:35
  Speaker 5: what's been happening. Cornell's females have been trooping into the
• 47:40
  Speaker 5: frat parties. Now, if there was an epidemic of campus
• 47:44
  Speaker 5: rape going on in these frat parties, there's two alternatives.
• 47:49
  Speaker 6: Either.
• 47:50
  Speaker 5: The females are too stupid to take the most basic
• 47:54
  Speaker 5: precautions of safety, and they're walking into a rape den,
• 47:59
  Speaker 5: in which case they shouldn't be in college because they're
• 48:03
  Speaker 5: too stupid to look out for themselves. Or there is
• 48:06
  Speaker 5: not a rape epidemic, and the females at some level
• 48:11
  Speaker 5: know it. And this is true on every single college campus.
• 48:15
  Speaker 5: University of Virginia had a rape epidemic. Every Saturday, they're
• 48:19
  Speaker 5: going to Rugby Road. These females are deliberately drinking themselves
• 48:24
  Speaker 5: blotto to lower their sexual inhibitions. They are getting involved
• 48:29
  Speaker 5: in drunken hookup sex. And at some times, they regret
• 48:34
  Speaker 5: it afterwards and they convert their experience into rape.
• 48:38
  Speaker 4: But survey.
• 48:39
  Speaker 3: So here's the problem. I mean, everything you say, of course,
• 48:43
  Speaker 3: is educational and very true. And it's thank you for,
• 48:47
  Speaker 3: you know, letting us know some of these facts of
• 48:49
  Speaker 3: what's going on. But let's say that even they were guilty,
• 48:54
  Speaker 3: they are guilty of rape. The fact is you should
• 48:57
  Speaker 3: be innocent until you're proven guilty, shouldn't you?
• 49:00
  Speaker 4: Of course.
• 49:01
  Speaker 1: Of course.
• 49:01
  Speaker 5: But, you know, we have decided that men, there's toxic masculinity.
• 49:06
  Speaker 5: So like every man is guilty at this point. The
• 49:10
  Speaker 5: presumption is that males have destroyed civilization. You know, they're
• 49:16
  Speaker 5: the scourge on humanity, whereas in fact, they have created civilization.
• 49:23
  Speaker 5: And if they get further sidelined, we're all in trouble
• 49:28
  Speaker 5: because the type of rational thinking, competitiveness, risk-taking, yes, aggression,
• 49:35
  Speaker 5: is what pulled us out of the mud and and
• 49:39
  Speaker 5: penury and starvation, and yes, capitalism as well, as you
• 49:42
  Speaker 5: would say, but that is the very embodiment of rational
• 49:46
  Speaker 5: male thinking, of risk-taking and planning an organization.
• 49:51
  Speaker 3: Well, Heather, I mean, it seems pretty simple to me
• 49:53
  Speaker 3: that if you, let's say, were to accuse me of
• 49:57
  Speaker 3: something and you want to take me to court, then,
• 50:01
  Speaker 3: you know, why should my name be in the newspapers
• 50:04
  Speaker 3: and not yours? I don't even understand the logic of that.
• 50:06
  Speaker 3: You're making the accusation And yet we don't know who
• 50:09
  Speaker 3: you are.
• 50:11
  Speaker 5: Well, yeah, I don't, I don't, I assume that if
• 50:14
  Speaker 5: this case gets, goes to criminal trial and even though there's,
• 50:20
  Speaker 5: you know, it's a very high legal standard in New York,
• 50:23
  Speaker 5: I have no confidence whatsoever that Letitia James, the attorney general.
• 50:27
  Speaker 3: I was just going to ask you about that because
• 50:30
  Speaker 3: she is also a bad actor in this. And by
• 50:32
  Speaker 3: the way, that's a woman who should have been probably
• 50:34
  Speaker 3: been disbarred. She's the one who brought the case against
• 50:37
  Speaker 3: Trump saying that he had, you know, overinflated the value
• 50:40
  Speaker 3: of his property. And in fact, it turned out he
• 50:43
  Speaker 3: vastly understated the, I mean, she just had a witch
• 50:47
  Speaker 3: hunt against Donald Trump. And after the outrageous allegations she
• 50:52
  Speaker 3: made that were true, I don't know why she hasn't
• 50:54
  Speaker 3: been disbarred, for goodness sakes.
• 50:56
  Speaker 9: Right.
• 50:56
  Speaker 5: Well, so she can get away with anything for the
• 50:59
  Speaker 5: usual reasons, identity reasons. And even though there's really no
• 51:04
  Speaker 5: legal case to be made here, I am pretty confident
• 51:08
  Speaker 5: that she is going to go forward with it because
• 51:11
  Speaker 5: this is a vendetta against males. That's what's going on. And,
• 51:16
  Speaker 5: you know, again, if these campuses were the rape culture
• 51:21
  Speaker 5: that Ocasio-Cortez has said and, you know, the New York
• 51:25
  Speaker 5: Times and all the mainstream media said, you would have
• 51:28
  Speaker 5: seen females leaving them there would have been a flight
• 51:31
  Speaker 5: to single-sex schools uh... instead cornell's female student body has
• 51:36
  Speaker 5: gone up over the twenty years it used to be
• 51:39
  Speaker 5: below fifty percent it's now at fifty four percent females
• 51:43
  Speaker 5: are beating down the doors to get into these elite
• 51:45
  Speaker 5: schools and and again if if the if the stupid
• 51:50
  Speaker 5: campus rape administrators these massive title nine bureaucracies actually believed
• 51:57
  Speaker 5: that females were getting raped, you could also give females
• 52:01
  Speaker 5: three simple steps to avoid ever getting campus raped. You
• 52:08
  Speaker 5: don't drink yourself blotto. You don't get into bed with
• 52:12
  Speaker 5: a guy that you barely know, that you're not in
• 52:15
  Speaker 5: love with, you're not engaged to, and you don't take
• 52:19
  Speaker 5: your clothes off. And if you do those three simple steps,
• 52:22
  Speaker 5: you're not going to get campus rape because these are
• 52:24
  Speaker 5: all largely voluntary interactions except everybody's drunk out of their minds.
• 52:29
  Speaker 5: And if the schools also believe that this is going on,
• 52:32
  Speaker 5: They would reinstate single-sex dorms. They would reinstate the so-called
• 52:36
  Speaker 5: parietal rules. You're not allowed into a bedroom of a
• 52:39
  Speaker 5: member of the opposite sex.
• 52:40
  Speaker 3: By the way, it was women that wanted to get
• 52:43
  Speaker 3: rid of the single-sex dorms.
• 52:45
  Speaker 4: Of course.
• 52:46
  Speaker 5: It was all the sexual liberation that was based on
• 52:49
  Speaker 5: a complete ignorance about human nature. Male and female libidos
• 52:53
  Speaker 5: are very different. Males do have... sexual conquest in mind.
• 52:58
  Speaker 5: They are omnivorous. They want sex. That is the you know,
• 53:03
  Speaker 5: the goal of a lot of interaction, and they wanted
• 53:07
  Speaker 5: as much as possible with as many people. Women have
• 53:11
  Speaker 5: very different responses to sexual intercourse. They are more selective,
• 53:15
  Speaker 5: or they used to be. They have hormonal responses, emotional
• 53:19
  Speaker 5: responses that bond them to a sexual partner, but they
• 53:24
  Speaker 5: were told, or they embraced this fiction during the 60s
• 53:28
  Speaker 5: sexual revolution, that they could go mano a mano with
• 53:31
  Speaker 5: males on the sexual battlefield. And it turns out that
• 53:35
  Speaker 5: a lot of these females, though they've drunken themselves deliberately,
• 53:40
  Speaker 5: in order to lower their sexual inhibitions. Jane Doe, she
• 53:43
  Speaker 5: had six shots of vodka first in her dorm, then
• 53:47
  Speaker 5: continued drinking at two more bars and had a beer
• 53:51
  Speaker 5: when she arrived at the frat. They drank themselves blotto
• 53:54
  Speaker 5: in order to have lower sexual inhibitions, but afterwards... They
• 53:59
  Speaker 5: regret it. They see the guy they had their overnight
• 54:01
  Speaker 5: stand with. He's laughing with his friends. You know, he's
• 54:05
  Speaker 5: not really paying much attention and she feels jilted.
• 54:08
  Speaker 3: And so, look, I mean, that's that's I mean, it
• 54:11
  Speaker 3: is true also that there was a lot of vulgar
• 54:13
  Speaker 3: behavior on the part of these men. It's just it's
• 54:16
  Speaker 3: just really a question of why a woman would put
• 54:19
  Speaker 3: herself in that position. I mean, it doesn't. I'm not
• 54:23
  Speaker 3: defending the men. We don't really know for sure what happened.
• 54:27
  Speaker 3: We do know some of those facts that you're talking
• 54:30
  Speaker 3: about that would certainly suggest this wasn't a rape. I
• 54:34
  Speaker 3: think it's so unfair. You've got a 19-year-old kid, and
• 54:38
  Speaker 3: his life could be ruined by a false allegation. How
• 54:42
  Speaker 3: do you get your reputation back?
• 54:45
  Speaker 5: No, you won't. And the idea that this is another
• 54:48
  Speaker 5: one of those phony narratives out there that Cornell did nothing.
• 54:52
  Speaker 5: Are you kidding me? A thousand pages of manuscripts, of
• 54:57
  Speaker 5: witness transcripts, a huge report. Two of the guys were expelled.
• 55:02
  Speaker 5: Two of the guys were suspended. One was banned from campus.
• 55:05
  Speaker 5: These were serious punishments. And yet we're all supposed to
• 55:08
  Speaker 5: believe that, oh, nothing happened to them. They just had
• 55:11
  Speaker 5: to write essays. No, their names are out there. And yeah,
• 55:15
  Speaker 5: it's going to be very hard.
• 55:16
  Speaker 3: Can I ask you about just in our few minutes left,
• 55:20
  Speaker 3: was it Libby Clark? Was that the case that we're
• 55:24
  Speaker 3: talking about? Lindsay Clancy. Lindsay Clancy. I'm sorry. Do you
• 55:28
  Speaker 3: have any thoughts about that one?
• 55:30
  Speaker 5: Well, I think, again, that females have very strange moral
• 55:35
  Speaker 5: compass at this point. There's this female solidarity that refuses
• 55:39
  Speaker 5: to hold females personally responsible for things. I mean, this
• 55:44
  Speaker 5: is a bizarre, it's a very disturbing trend. You know,
• 55:49
  Speaker 5: it reminds me, obviously, of the veneration of Luigi Mangione,
• 55:52
  Speaker 5: which was, he was the assassin of the UnitedHealthcare movement.
• 55:57
  Speaker 4: Mr.
• 55:58
  Speaker 5: Thompson, CEO, and he became this heartthrob on the part
• 56:04
  Speaker 5: of females that were out there demonstrating in his behalf.
• 56:08
  Speaker 5: We see this as well with the demonization of Charlie Kirk.
• 56:11
  Speaker 5: There is something, females are kind of losing their minds
• 56:16
  Speaker 5: at this point, and for people to embrace Lindsley Clark
• 56:19
  Speaker 5: as some sort of heroine, I think, is extremely sad.
• 56:24
  Speaker 3: Here's the thing about that particular case. I haven't followed
• 56:26
  Speaker 3: it that closely. I just think there's so many ironies
• 56:29
  Speaker 3: of this case, maybe cruel ironies. But one is that, look,
• 56:34
  Speaker 3: just from what I've read, I mean, to me, it's
• 56:36
  Speaker 3: pretty clear that this woman was mentally ill. No question
• 56:39
  Speaker 3: about it, in my opinion. But what's so outrageous is
• 56:44
  Speaker 3: the way that they've gone after this black juror. I mean,
• 56:48
  Speaker 3: if I had been on that, you know, I don't
• 56:51
  Speaker 3: know how I would have ruled if I had been
• 56:53
  Speaker 3: on that jury. I think she probably, it's a heinous crime,
• 56:57
  Speaker 3: but maybe she's just terribly mentally ill. Why are they
• 57:00
  Speaker 3: going after this guy so viciously?
• 57:03
  Speaker 5: Well, because female solidarity is going to mow down everything
• 57:08
  Speaker 5: in its way.
• 57:09
  Speaker 3: Even if it's a black man?
• 57:12
  Speaker 5: I know it's so much for identity politics. But, you know,
• 57:15
  Speaker 5: we know that as well, that if you're a black Republican,
• 57:18
  Speaker 5: you're not really black.
• 57:19
  Speaker 3: And by the way, I saw I saw him being
• 57:22
  Speaker 3: interviewed on Fox News. I mean, he's very impressive guy.
• 57:25
  Speaker 3: I mean, he gave a very good answer to why
• 57:28
  Speaker 3: he ruled the way he did. And I just think
• 57:33
  Speaker 3: it's so vicious that they go after people like this.
• 57:36
  Speaker 5: It's not justice you know you're all supposed to conform
• 57:39
  Speaker 5: and if you just sent from the narrative uh... you
• 57:42
  Speaker 5: know that means your fascist to your you know not
• 57:45
  Speaker 5: not worthy of the human being so uh.
• 57:49
  Speaker 5: I think, you know, we need to restore reason. We
• 57:53
  Speaker 5: need to restore rationality. And schools, these universities, have absolutely
• 57:59
  Speaker 5: betrayed that. I mean, Cornell's president is pathetic. He's just
• 58:03
  Speaker 5: been– and he's in his own double standard. On the
• 58:06
  Speaker 5: one hand, he's playing to the– female mob and saying
• 58:10
  Speaker 5: penitently and weepingly, you know, these absolutely maudlin, lacrimose videos
• 58:16
  Speaker 5: that he's been making, that, oh, you know, it's so
• 58:19
  Speaker 5: terrible what happened to her, prejudging the case. And yet,
• 58:23
  Speaker 5: if anybody were to actually believe what the university is
• 58:26
  Speaker 5: saying about the campus rape culture and the applications dropped
• 58:30
  Speaker 5: at Cornell... Because people say, well, I don't want to,
• 58:33
  Speaker 5: my God, if there's like this epidemic of campus rape
• 58:35
  Speaker 5: at Cornell, I don't want to send my daughter into
• 58:37
  Speaker 5: this maelstrom of violence. If actually people believed Michael Kotlikoff
• 58:42
  Speaker 5: and said, okay, we're going elsewhere, he would turn on
• 58:46
  Speaker 5: a dime and he would tell the actual truth, which
• 58:50
  Speaker 5: is that there is no safer place in America for
• 58:53
  Speaker 5: a girl to be than on an American college campus,
• 58:57
  Speaker 5: including Cornell. These are the safest places on earth if
• 59:02
  Speaker 5: you exercise some responsibility and understand, you know, again, don't
• 59:08
  Speaker 5: be a... she said she was a slut she kind
• 59:12
  Speaker 5: of embraced that there are consequences to bad decision making
• 59:18
  Speaker 5: and people should be held responsible for their bad choices.
• 59:22
  Speaker 3: And yet you know one last final thing about this
• 59:25
  Speaker 3: and I'm so glad I brought you on this is
• 59:28
  Speaker 3: Heather McDonald from the Manhattan Institute, is the, you know, women,
• 59:34
  Speaker 3: what about mothers of sons? Don't they see how this,
• 59:38
  Speaker 3: you know, I remember watching the mothers of the kids,
• 59:43
  Speaker 3: those boys, men who were accused of rape at Duke University,
• 59:48
  Speaker 3: they were devastated, the women, the mothers of these kids.
• 59:51
  Speaker 3: So Why are women always just rallying? Don't they understand
• 59:57
  Speaker 3: that they might be the mother of a son who
• 59:58
  Speaker 3: could be accused of this kind of stuff?
• 1:00:01
  Speaker 5: I'm completely mystified by that, Steve. It is very strange,
• 1:00:05
  Speaker 5: but I have realized that maternal instincts are not what
• 1:00:08
  Speaker 5: one would expect because I would have thought, too, that
• 1:00:11
  Speaker 5: every single mother out there, I don't care how liberal
• 1:00:14
  Speaker 5: she is, would draw the line and say, you are
• 1:00:16
  Speaker 5: not putting boys in my daughter's locker room. There is
• 1:00:21
  Speaker 5: such a thing as sexual modesty. Young women in particular,
• 1:00:25
  Speaker 5: you know, can be ashamed of their own bodies with
• 1:00:28
  Speaker 5: other females. The idea that you are going to put
• 1:00:32
  Speaker 5: males into a female... single space is beyond me and
• 1:00:37
  Speaker 5: yet there are mothers that are for this and are
• 1:00:40
  Speaker 5: for transing their own daughters, submitting them to life-changing hormones
• 1:00:46
  Speaker 5: that will never be reversed. So ideology seems to be
• 1:00:50
  Speaker 5: playing more and more of a role and I don't
• 1:00:53
  Speaker 5: know why mothers are not more supportive of their sons
• 1:00:57
  Speaker 5: because absolutely This double standard is coming for as many people,
• 1:01:03
  Speaker 5: as many males as it can get. It is ultimately
• 1:01:06
  Speaker 5: about a war on males by angry females. It's the
• 1:01:12
  Speaker 5: one power that anybody has is to destroy. If you
• 1:01:16
  Speaker 5: can't create, you're going to tear things down, and that's
• 1:01:18
  Speaker 5: what's going on now.
• 1:01:21
  Speaker 3: It's a sad turn of events. Well, Heather, thank you
• 1:01:23
  Speaker 3: so much for your coverage of this story. I've learned
• 1:01:25
  Speaker 3: so much from it. reading your articles about these situations.
• 1:01:30
  Speaker 3: And look, this isn't an economic issue, but it's a
• 1:01:32
  Speaker 3: freedom issue, and it's an issue about fairness in America.
• 1:01:36
  Speaker 3: And I'm just sickened by the whole thing, and I
• 1:01:41
  Speaker 3: appreciate your educating our audience. We'll be right back, folks.
• 1:01:44
  Speaker 3: This is The More Money Show.
• 1:01:46
  Speaker 1: It's More Money with leading economist Steve Moore. It's More
• 1:02:07
  Speaker 1: Money with leading economist Steve Moore.
• 1:02:10
  Speaker 2: Now, here's your host, Steve Moore.
• 1:02:15
  Speaker 3: We're back, folks. And I want to cover one more
• 1:02:17
  Speaker 3: issue with maybe two if we can squeeze them in.
• 1:02:20
  Speaker 3: This is The More Money Show. I appreciate so much
• 1:02:22
  Speaker 3: everyone listening in. Don't forget to get our hotline that
• 1:02:25
  Speaker 3: comes out five mornings a week. It is a free email.
• 1:02:28
  Speaker 3: that will come right to your computer screen. It costs
• 1:02:32
  Speaker 3: you nothing. Just go to UnleashedProsperity.com and click the button
• 1:02:36
  Speaker 3: for the hotline, and we'll send that to you. And
• 1:02:39
  Speaker 3: if you read it every day, you'll be the smartest
• 1:02:41
  Speaker 3: person in the room. We had an item in our
• 1:02:44
  Speaker 3: hotline the other day, and I'm just pulling this up
• 1:02:47
  Speaker 3: because I think it's instructive of what's going on with
• 1:02:50
  Speaker 3: this energy issue and the high price of gasoline. And,
• 1:02:56
  Speaker 3: you know, the Democrats are using this as one of
• 1:02:58
  Speaker 3: their number one issues with respect to the, you know,
• 1:03:04
  Speaker 3: why you should vote for Democrats. And so I just
• 1:03:09
  Speaker 3: want to remind people that if you think that by electing,
• 1:03:13
  Speaker 3: and by the way, I'm not here to tell you
• 1:03:15
  Speaker 3: Republicans are some kind of angels. They are not. But listen,
• 1:03:19
  Speaker 3: Democrats say elect us and we will lower gas prices.
• 1:03:22
  Speaker 7: How?
• 1:03:23
  Speaker 3: How are they going to do that? Can someone name
• 1:03:25
  Speaker 3: one policy that they would implement that would lower gas prices?
• 1:03:30
  Speaker 3: Because I can tell you they have a lot of
• 1:03:32
  Speaker 3: policies that lead to higher gas prices. By the way,
• 1:03:34
  Speaker 3: on average, that gas price was more expensive adjusted for
• 1:03:38
  Speaker 3: inflation under both Biden and Obama than it has been
• 1:03:42
  Speaker 3: on average in Trump's two terms, well, one and a
• 1:03:45
  Speaker 3: half terms in office. But then you look at what
• 1:03:48
  Speaker 3: the policies, the energy policies of the Democrats are versus Trump.
• 1:03:53
  Speaker 3: Trump's policy is drill, baby, drill. Produce as much energy
• 1:03:58
  Speaker 3: as we possibly can. What do the Democrats want to do?
• 1:04:00
  Speaker 3: They want to close refineries. They want to shut down
• 1:04:03
  Speaker 3: the Keystone XL pipeline. They want to drain our oil reserves.
• 1:04:05
  Speaker 3: They want to ban offshore drilling. They want to raise
• 1:04:09
  Speaker 3: the tax on gasoline. That's not going to lower your
• 1:04:11
  Speaker 3: gas prices. OK, we got Phil Kirpin on. Phil Kirpin
• 1:04:14
  Speaker 3: is one of the world's experts on health care, among
• 1:04:17
  Speaker 3: other things. Phil Kirpin is with American Commitment. Thanks for
• 1:04:21
  Speaker 3: joining us, Phil.
• 1:04:22
  Speaker 9: Hey, Steve.
• 1:04:24
  Speaker 3: So I want to get into, in just our last
• 1:04:26
  Speaker 3: five minutes for the show, I'm so glad you called in.
• 1:04:29
  Speaker 3: Can you tell people why Medicare for All is such
• 1:04:32
  Speaker 3: a dangerous idea?
• 1:04:34
  Speaker 6: Well, in a government-run healthcare system where the government's in
• 1:04:37
  Speaker 6: charge of all the healthcare decisions and controls all the
• 1:04:40
  Speaker 6: healthcare dollars, there is no competition and there is no choice.
• 1:04:43
  Speaker 6: And whether a treatment is allowed or approved or not
• 1:04:46
  Speaker 6: is decided by bureaucrats rather than patients and doctors. And
• 1:04:49
  Speaker 6: there is no cost containment mechanism other than waiting lists
• 1:04:54
  Speaker 6: and denial of care. And so you look at countries
• 1:04:56
  Speaker 6: that have these types of systems and they often have many,
• 1:04:59
  Speaker 6: many months of wait for seeing a specialist. And often
• 1:05:02
  Speaker 6: procedures we take for granted are not done at all.
• 1:05:05
  Speaker 6: And so joint replacements, for instance, almost never happened in
• 1:05:08
  Speaker 6: the United Kingdom. You take painkillers and you wear a
• 1:05:10
  Speaker 6: brace for the rest of your life. And then, of course,
• 1:05:14
  Speaker 6: there's the price tag that's associated with it, because if
• 1:05:17
  Speaker 6: the government takes over all of health care, That means
• 1:05:20
  Speaker 6: all of the private sector spending on health care that
• 1:05:22
  Speaker 6: goes on needs to be replaced by government spending, by
• 1:05:25
  Speaker 6: taxpayer dollars. And the price tag for that is about
• 1:05:28
  Speaker 6: $ 50 trillion over 10 years. And then, you know, where
• 1:05:31
  Speaker 6: do you come up with the money? What taxes do
• 1:05:33
  Speaker 6: you raise and all of that? So we end up
• 1:05:35
  Speaker 6: paying much more and we have lower quality and there's
• 1:05:39
  Speaker 6: no competition in choice.
• 1:05:40
  Speaker 3: Well, we know, by the way, don't we, that these
• 1:05:43
  Speaker 3: other countries like Canada and Europe that have tried to
• 1:05:46
  Speaker 3: have basically socialized medicine and the government run the healthcare system,
• 1:05:50
  Speaker 3: it hasn't worked out that well. And one of my
• 1:05:52
  Speaker 3: concerns is something you've talked a lot about, that the
• 1:05:55
  Speaker 3: source of so much, almost all the medical innovation in
• 1:05:58
  Speaker 3: the world, whether it's in the drug industry, whether it's
• 1:06:01
  Speaker 3: the types of treatments that are provided, come from the
• 1:06:04
  Speaker 3: United States because we have a more free market-oriented healthcare system.
• 1:06:09
  Speaker 3: So If we go social on health care like everyone
• 1:06:14
  Speaker 3: else does, where is the innovation going to come from?
• 1:06:17
  Speaker 6: Yeah, it's such a good point, Steve. The rest of
• 1:06:19
  Speaker 6: the world kind of gets away with this. They have
• 1:06:21
  Speaker 6: worse health outcomes.
• 1:06:22
  Speaker 3: Because they freeload off us.
• 1:06:24
  Speaker 6: They get freeload off us, exactly. Now, if we say,
• 1:06:27
  Speaker 6: you know what, we're going to have government price controls,
• 1:06:30
  Speaker 6: government rationing, a centralized, bureaucratized system, You're right. There will
• 1:06:35
  Speaker 6: not be medical innovation or very little medical innovation that
• 1:06:38
  Speaker 6: goes on. And so we will have fewer cures. We'll
• 1:06:42
  Speaker 6: have fewer new innovative procedures, fewer new innovative devices and
• 1:06:47
  Speaker 6: so forth. And the whole world will suffer for that.
• 1:06:49
  Speaker 6: We should be going in the other direction. We should
• 1:06:50
  Speaker 6: be getting the socialized systems abroad to move in a
• 1:06:53
  Speaker 6: more market-oriented direction so that we increase the market for
• 1:06:56
  Speaker 6: innovation and get more of it. And by the way,
• 1:06:58
  Speaker 6: Trump's been pushing very hard to do that, at least
• 1:07:01
  Speaker 6: on the prescription drug front. And he's actually had some
• 1:07:03
  Speaker 6: successes getting the United Kingdom, for instance, to pay more
• 1:07:06
  Speaker 6: for U.S. ground drugs. And so to your point about
• 1:07:10
  Speaker 6: the election, you know, Democrats complain all the time about
• 1:07:13
  Speaker 6: the quality of health care, but about how much we pay. Well,
• 1:07:16
  Speaker 6: government taking it over isn't going to improve the quality
• 1:07:18
  Speaker 6: or how much we pay. It's going to make them
• 1:07:19
  Speaker 6: both worse.
• 1:07:21
  Speaker 3: Yeah, no, it would be like going to the Department
• 1:07:23
  Speaker 3: of Motor Vehicles to get your driver's license. That's not it.
• 1:07:27
  Speaker 3: And every hospital would be run like the DMV, which
• 1:07:30
  Speaker 3: doesn't sound very appealing to me. One last question for you,
• 1:07:34
  Speaker 3: because we're talking to Phil Kirpin of American Commitment. He
• 1:07:36
  Speaker 3: also works with me at Unleashed Prosperity and is one
• 1:07:39
  Speaker 3: of the editors of our hotline. But I'm also concerned
• 1:07:42
  Speaker 3: about this trend that even Trump seems to be buying into.
• 1:07:45
  Speaker 3: I think he made an announcement the other day that
• 1:07:47
  Speaker 3: he was in favor of more price controls on the
• 1:07:50
  Speaker 3: pharmaceutical companies. Now, we all want lower drug prices. But
• 1:07:56
  Speaker 3: I worry that that's going to really just kill the
• 1:07:58
  Speaker 3: innovation and slow the race for the cure for cancer
• 1:08:04
  Speaker 3: and other diseases.
• 1:08:07
  Speaker 8: Yeah, you know, this is one of the somewhat disappointing
• 1:08:11
  Speaker 8: things from Trump is that he has embraced price controls
• 1:08:15
  Speaker 8: in some areas. And, you know, you look at what
• 1:08:17
  Speaker 8: Biden did in the big in the the so-called Biden
• 1:08:21
  Speaker 8: Inflation Reduction Act, one of the things they did is
• 1:08:23
  Speaker 8: they created this price control regime where the secretary of
• 1:08:26
  Speaker 8: HHS basically has a list of drugs and government can
• 1:08:29
  Speaker 8: set the price. And if the company doesn't want that
• 1:08:32
  Speaker 8: to be the.
• 1:08:32
  Speaker 6: Price for the drug in Medicare, they get taxed basically
• 1:08:38
  Speaker 6: 95 percent of their total gross sales of that product.
• 1:08:40
  Speaker 6: And so no company can sustain that. So they essentially
• 1:08:43
  Speaker 6: have to agree to the price. And There are a
• 1:08:45
  Speaker 6: lot of details and specifics in how that program was
• 1:08:48
  Speaker 6: administered under Biden that actually made it even worse. And
• 1:08:50
  Speaker 6: we've written about this together. And Trump, the Trump administration
• 1:08:54
  Speaker 6: has really not corrected these problems. And so, for instance,
• 1:08:56
  Speaker 6: you talked about cancer drugs. Well, they want to set price.
• 1:09:00
  Speaker 6: controls for cancer drugs based on a benchmark of old
• 1:09:04
  Speaker 6: chemotherapy agents. So you can have a breakthrough cancer drug,
• 1:09:06
  Speaker 6: and it might get price controlled based on, well, it
• 1:09:08
  Speaker 6: should be benchmarked by the old treatment that was not
• 1:09:11
  Speaker 6: nearly as good. And there's even the fear that that
• 1:09:14
  Speaker 6: can happen. that means you're going to get drug trials
• 1:09:16
  Speaker 6: being canceled because, hey, even if this works, it's not
• 1:09:19
  Speaker 6: going to be worth it economically.
• 1:09:20
  Speaker 3: So I do think that's a dangerous path to go down.
• 1:09:22
  Speaker 3: We've got one minute left, Phil. Last question on the
• 1:09:24
  Speaker 3: way out. I've been saying that I think AI could
• 1:09:27
  Speaker 3: be a real source of medical innovation. What do you think?
• 1:09:31
  Speaker 6: Yeah, I'm very optimistic on it. Of course, one of
• 1:09:33
  Speaker 6: the questions, of course, is the regulatory aspect of how
• 1:09:37
  Speaker 6: you can actually, when you have a new innovation and
• 1:09:40
  Speaker 6: a computer comes up with it through one of these
• 1:09:41
  Speaker 6: advanced models, you know, how does that go through the
• 1:09:44
  Speaker 6: process of being tested and approved and does it then
• 1:09:47
  Speaker 6: still get delayed for years and cost a fortune or
• 1:09:49
  Speaker 6: can we do something more streamlined? You know, I think
• 1:09:52
  Speaker 6: if we can modernize the regulatory process as well as the,
• 1:09:56
  Speaker 6: you know, the discovery and the research process, it could
• 1:09:59
  Speaker 6: really be beneficial in terms of, you know, new innovative
• 1:10:03
  Speaker 6: treatments being developed and brought to market more quickly and
• 1:10:06
  Speaker 6: at lower cost. So I'm very optimistic.
• 1:10:07
  Speaker 3: Yeah, I've been reading that they're able to detect cancer
• 1:10:11
  Speaker 3: cells much earlier. you know, at stage one or two
• 1:10:14
  Speaker 3: rather than three or four, and that'll save a lot
• 1:10:16
  Speaker 3: of lives. So think about that, folks, when you hear
• 1:10:18
  Speaker 3: that people say AI is going to destroy the country. Hey, folks,
• 1:10:21
  Speaker 3: this has been a wonderful two hours. Thank you so
• 1:10:24
  Speaker 3: much for joining us. This is The More Money Show.
• 1:10:26
  Speaker 3: We will be back, same bad time, same bad channel,
• 1:10:30
  Speaker 3: next week, and I hope you have a great rest
• 1:10:31
  Speaker 3: of your weekend.