Latest / The Chuck ToddCast / Full Episode - Republicans In Triage Mode As The Map Gets Worse + Ranking Colleges By ROI Rather Than Prestige
Transcript
- 0:00Speaker 1: This episode of the Chuck Todd cast is brought to
- 0:02Speaker 1: you by Chapter. Now, almost everything you hear about Medicare
- 0:06Speaker 1: is somebody quietly trying to steer you somewhere. And you're
- 0:11Speaker 1: skeptical of that, as you should be. I get it.
- 0:14Speaker 1: I mean, there's a federal lawsuit going on right now
- 0:17Speaker 1: over exactly this. Companies that branded themselves as unbiased while
- 0:21Speaker 1: allegedly pointing people toward whatever would pay them the most
- 0:25Speaker 1: as some sort of broker. So if your default is
- 0:28Speaker 1: to distrust everyone in this space, honestly, I get it.
- 0:31Speaker 1: I'm a bit distrustful these days myself. That's the whole
- 0:34Speaker 1: reason I want to tell you about Chapter. They're independent
- 0:37Speaker 1: Medicare advisors whose entire model is that their advisors are
- 0:41Speaker 1: not paid to push any one plan. They're just trying
- 0:45Speaker 1: to help. Yes, there's compensation that goes with it. but
- 0:47Speaker 1: it's across the board is what they're trying to do.
- 0:51Speaker 1: At the end of the day, they're advocating for you.
- 0:52Speaker 1: They're not the insurance companies themselves. They're an actual person
- 0:56Speaker 1: who actually goes through your doctors, your prescriptions, your needs,
- 1:01Speaker 1: and then compares them to every single plan available to
- 1:04Speaker 1: find the best one that will work for you and
- 1:06Speaker 1: hopefully save you a couple dollars too. And here's the
- 1:09Speaker 1: part that sets chapter apart. They don't disappear once you've
- 1:14Speaker 1: been in They will keep advocating for you. They're kind
- 1:17Speaker 1: of like almost like a concierge service. You're just there.
- 1:19Speaker 1: I need help. You're like customer service. You know, the plan,
- 1:22Speaker 1: you know, help me navigate this again. So you ever
- 1:24Speaker 1: get hit with a wrongful medical bill, they'll help you
- 1:28Speaker 1: fight it. They want to stay an advocate for you
- 1:31Speaker 1: even after you've done this. So look, I get it.
- 1:34Speaker 1: I think there's all sorts of space. You see a
- 1:38Speaker 1: lot of people are throwing themselves in this healthcare space.
- 1:41Speaker 1: What I like about these chapter folks, I've spent time
- 1:44Speaker 1: with them. This is a very transparent organization. It is
- 1:48Speaker 1: Medicare and all of its affiliated stuff can be very confusing.
- 1:53Speaker 1: The whole point of this is to make this easier
- 1:56Speaker 1: and less confusing. OK, so look, take the skepticism you
- 2:00Speaker 1: already have in all of this, point it at your
- 2:02Speaker 1: own plan for 20 minutes. It's free. There's no pressure.
- 2:06Speaker 1: And then call chapter today at 980-734-4200. 3-9-8-5 Hello there.
- 2:18Speaker 1: I'm Chuck Todd. Welcome to another episode of the Chuck
- 2:20Speaker 1: Todd cast. It is in. We are in nitty gritty
- 2:24Speaker 1: time inside of three weeks until Election Day. Less than
- 2:28Speaker 1: 20 days at this point in the campaign. I know
- 2:31Speaker 1: what I'm doing. I'm spending a lot less time listening
- 2:34Speaker 1: to what the campaigns are saying publicly. And I'm spending
- 2:38Speaker 1: a lot more time watching what they're doing privately and
- 2:41Speaker 1: watching really what the parties are doing with their money.
- 2:45Speaker 1: That's the information that matters at this point. If you
- 2:48Speaker 1: haven't figured out your messaging yet, if you think you've
- 2:53Speaker 1: got a great piece of oppo research and you haven't
- 2:55Speaker 1: used it, you're probably too late, right? You are not
- 2:59Speaker 1: introducing new messaging now. At this point, it is all
- 3:03Speaker 1: about reinforcing whatever it is that has been working for
- 3:07Speaker 1: you or what's not working for you. And so this
- 3:10Speaker 1: is why we're inside this period of time where the
- 3:13Speaker 1: news that matters is going to be these little insider
- 3:15Speaker 1: tidbits that I'm going to be sharing with you throughout
- 3:18Speaker 1: this podcast, right? Where are the committees still spending money?
- 3:22Speaker 1: Where are they pulling their money? Which candidates want presidential visits?
- 3:27Speaker 1: Which ones would probably prefer if Mr. Trump would stay
- 3:30Speaker 1: as far away as possible? I know one of the
- 3:33Speaker 1: things I've learned covering campaigns for the last 30 plus
- 3:37Speaker 1: years is that the last three weeks are when the
- 3:41Speaker 1: political professionals that are running the show start telling you
- 3:44Speaker 1: what they really think, even if they don't actually say
- 3:47Speaker 1: a thing. Right. Usually the most revealing thing they can
- 3:50Speaker 1: do is suddenly stop writing checks, stop spending money somewhere.
- 3:57Speaker 1: I've spent a lot of the last few episodes talking
- 4:00Speaker 1: about the possibility that we are underestimating this either red
- 4:05Speaker 1: undertow or blue wave, whichever framing you prefer. We have
- 4:09Speaker 1: an expanding Senate map and I have more news today
- 4:12Speaker 1: to deliver to you to showing the map is that
- 4:14Speaker 1: even the Republicans are are playing an expanded defense on
- 4:18Speaker 1: this map. There is an asymmetry to what the two
- 4:21Speaker 1: parties are up to right now. Democratic candidates are working
- 4:25Speaker 1: hard to try to separate themselves from their national brand.
- 4:27Speaker 1: And you've got a bunch of Republican candidates who some
- 4:30Speaker 1: of whom know they need to separate themselves from Donald Trump,
- 4:33Speaker 1: but they haven't figured out how to do it very well.
- 4:36Speaker 1: I will say this Tuesday morning brought another example, but
- 4:39Speaker 1: it came from somebody I kind of expected it to,
- 4:42Speaker 1: John Sununu in a debate in New Hampshire. But I
- 4:45Speaker 1: do want to get a little bit more in the
- 4:47Speaker 1: weeds in this episode. I'm going to look at the
- 4:49Speaker 1: Republican retreat in some key House races. You know, to
- 4:52Speaker 1: do it this early out means, you know, the triage
- 4:56Speaker 1: is beginning. the incredible expensive effort that Republicans have now
- 5:01Speaker 1: to try to save their Senate majority, and how they've
- 5:04Speaker 1: declared Ohio is the last stand. Texas may be the
- 5:07Speaker 1: most expensive state to defend, but Ohio's getting the most money.
- 5:12Speaker 1: We've got some new economic data that only reinforces why
- 5:17Speaker 1: people like myself and others believe this may be bigger
- 5:21Speaker 1: than just a traditional political wave, that something bigger may
- 5:24Speaker 1: be happening here. Got a few items from what I
- 5:26Speaker 1: would call my Washington notebook, sort of what's happening, you know,
- 5:30Speaker 1: including the extraordinary situation with Kimberly Guilfoyle, you know, and
- 5:36Speaker 1: sort of what the rules are in the world of Trump.
- 5:39Speaker 1: You know, what is legal and what is illegal, not
- 5:41Speaker 1: in real life, but just in the world of Trump.
- 5:45Speaker 1: I got a little something about the search of Ilhan
- 5:46Speaker 1: Omar's home and how close to an election this was done.
- 5:50Speaker 1: And that was an interrogation. clearly an intentional decision, but
- 5:53Speaker 1: one that probably sets them back legally. We got troubling
- 5:57Speaker 1: developments in the war in Iran and Elon Musk's decision
- 6:00Speaker 1: to be now the biggest target in American politics. I
- 6:03Speaker 1: think he's going to regret what he's doing. And then
- 6:08Speaker 1: later in this podcast, my interview is With my old friend,
- 6:11Speaker 1: Paul Glastris, the editor at large of the Washington Monthly.
- 6:15Speaker 1: I have him on again because he was such a
- 6:17Speaker 1: popular guest a year ago. Washington Monthly puts out their
- 6:21Speaker 1: own ratings on colleges. on the top colleges, and it's
- 6:26Speaker 1: bang for your buck, return on investment. And they look
- 6:30Speaker 1: at colleges just a lot differently than our friends at
- 6:33Speaker 1: US News do. It's not to say there aren't some prestige,
- 6:37Speaker 1: you know, the perceived prestigious universities don't make the Washington
- 6:41Speaker 1: Monthly List. They do, but they're not number one or
- 6:43Speaker 1: number two. And you'll see they factor in, you know,
- 6:47Speaker 1: does your education at school X provide a better education
- 6:52Speaker 1: opportunity up the economic ladder, right? So it's measured in
- 6:56Speaker 1: all sorts of ways. And I got a lot of
- 6:58Speaker 1: feedback from the last time I had Paul on from
- 7:00Speaker 1: many of you who said, you know, I just started
- 7:04Speaker 1: this search with my kid and I was glad to
- 7:07Speaker 1: know that there were schools I hadn't heard of that
- 7:10Speaker 1: have some incredible programs and are incredibly affordable. Yes, right?
- 7:14Speaker 1: That's when I know I'm onto something here with what
- 7:17Speaker 1: we're doing. And guess what? Every year, a new group,
- 7:21Speaker 1: of parents is suddenly interested in figuring out how to
- 7:25Speaker 1: navigate this world of colleges. So, you know, Paul may
- 7:30Speaker 1: not know this yet, but I'll see you same time
- 7:33Speaker 1: next year, brother, when we do this again. And he
- 7:36Speaker 1: had a couple of other unique slices to his list
- 7:38Speaker 1: this year that's different, including the best rural colleges in
- 7:42Speaker 1: America to go to. And we spend a lot of
- 7:45Speaker 1: time on the importance of this. I think our lack
- 7:47Speaker 1: of investment in rural America, frankly, both parties, In different
- 7:52Speaker 1: ways is is a shame if it if it undermines
- 7:58Speaker 1: what has been a pillar of many a rural economy.
- 8:03Speaker 1: And that is these small universities, these small colleges that
- 8:07Speaker 1: have provided real opportunity for people to stay close to home.
- 8:12Speaker 1: and improve their ability to get a bigger paycheck with
- 8:16Speaker 1: a college education. So I look forward to that. After that,
- 8:20Speaker 1: I'll have my most recent top 10 list of governor's
- 8:24Speaker 1: races that are going to flip. And yes, I expanded
- 8:26Speaker 1: it to 10. And the news I'm going to be
- 8:29Speaker 1: making is there are going to be two states that
- 8:31Speaker 1: most people would have put on their list that I
- 8:32Speaker 1: will not be including because of the direction of what
- 8:37Speaker 1: is this blue wave. And I've got a pretty... significant
- 8:43Speaker 1: take on why the governor's races will tell us the
- 8:47Speaker 1: level of repudiation more than what happens in the House
- 8:50Speaker 1: and the Senate. And I'll have more on that after
- 8:54Speaker 1: the interview with Paul. But first, let's talk about what
- 8:58Speaker 1: the Republican Party is increasingly having to deal with. And
- 9:02Speaker 1: that is some difficult choices. Because here's the question I
- 9:04Speaker 1: think will define the last three weeks of this election.
- 9:07Speaker 1: How many Republicans can survive an anti-Trump election by convincing
- 9:11Speaker 1: voters They're not really Trump Republicans. And the answer to
- 9:15Speaker 1: that question could very much determine control of the U.S. Senate.
- 9:19Speaker 1: You know, it's interesting to me. Think about the Republicans
- 9:21Speaker 1: who still have a plausible path to victory in some
- 9:24Speaker 1: increasingly difficult Senate races. Susan Collins in Maine. I'm going
- 9:29Speaker 1: to include Mike Rounds in South Dakota, who's just recently
- 9:32Speaker 1: scrubbed his website of Trump. He's facing not a Democrat,
- 9:35Speaker 1: but an independent. The Democrats did not have no nominee
- 9:39Speaker 1: on the ballot. So this is One of those R
- 9:41Speaker 1: versus I situations, a la Nebraska. Dan Sullivan in Alaska
- 9:45Speaker 1: and John Husted in Ohio. But I want to single
- 9:47Speaker 1: out those four. Collins, Rounds, Sullivan, and Husted.
- 9:50Speaker 2: Right?
- 9:50Speaker 1: And then I want you to compare them to Paxton, Whatley, Collins.
- 9:55Speaker 1: Whatley is North Carolina. Collins is Georgia. The other, you know,
- 9:59Speaker 1: the the the other, you know, and the Democrat, the
- 10:03Speaker 1: Republican congressman, not Susan. And and then Ken Paxton.
- 10:06Speaker 3: Right.
- 10:07Speaker 1: Because the four Republican senators that to me still have
- 10:10Speaker 1: a plausible path to surviving.
- 10:14Speaker 4: Right.
- 10:14Speaker 1: They're not identical politicians, but they all have very different
- 10:17Speaker 1: relationship with Trump, both the individual and Trumpism. Because what
- 10:22Speaker 1: interests me about all four of them is that none
- 10:24Speaker 1: of them is especially identified with the MAGA wing of
- 10:27Speaker 1: the party. They've all in their own ways expressed some
- 10:32Speaker 1: discomfort with the MAGA wing. You know, look, I'm not
- 10:35Speaker 1: suggesting any of them is somehow a profile in courage
- 10:38Speaker 1: when it comes to standing up to this president. That's
- 10:41Speaker 1: not my point. But my point is on voter perception
- 10:44Speaker 1: in their own states. So, for instance, if Colin survives Maine.
- 10:49Speaker 1: The explanation isn't going to be that voters suddenly embraced
- 10:52Speaker 1: Donald Trump and Trumpism, that they suddenly in Maine think
- 10:55Speaker 1: the economy is good. It's going to be that enough
- 10:57Speaker 1: voters who dislike Trump decided, you know what, Susan Collins
- 11:00Speaker 1: isn't part of the problem. They're going to determine that she's,
- 11:04Speaker 1: you know, that's, you know, Troy Jackson, if he wins,
- 11:08Speaker 1: it's because he's convinced enough people that no, even Susan
- 11:10Speaker 1: Collins is part of the problem. But she's no Trumpy.
- 11:14Speaker 1: And if she wins, it's not a notch in favor
- 11:17Speaker 1: of Trump in Maine. It is despite Trump. And I
- 11:21Speaker 1: think that's important. Dan Sullivan in Alaska rounds in South Dakota.
- 11:26Speaker 1: You know, we'll be having similar conversations about personal brands
- 11:29Speaker 1: and their own connections to voters and the fact that
- 11:31Speaker 1: they got elected before Trump showed up. And so you
- 11:34Speaker 1: would argue that they may have the best shot at
- 11:37Speaker 1: surviving after Trump starts to leave the stage. But we're
- 11:41Speaker 1: going to find out, have they preserved enough perceived independence
- 11:45Speaker 1: from Trump? You know, do they have a reservoir of
- 11:48Speaker 1: memory with their own voters that it's enough to keep
- 11:52Speaker 1: them from being a vehicle for voters to say, you
- 11:56Speaker 1: know what, I'm out. I'm out of the Trump movement
- 11:58Speaker 1: and I'm firing you for being too much of an enabler, right?
- 12:03Speaker 1: Ohio is an interesting test. Like, you know, John Husted,
- 12:06Speaker 1: who clearly the president, was smitten with the other day
- 12:09Speaker 1: of his physical attributes. Look, I know the internet is
- 12:13Speaker 1: on fire about Donald Trump. And all I'll say is this,
- 12:18Speaker 1: the older you get, the less the filter stays there.
- 12:24Speaker 1: And your id comes out. And we've said this about
- 12:27Speaker 1: Trump for the last few years, right? Trump's barely had
- 12:31Speaker 1: a filter as it is. As he's gotten older, you're
- 12:35Speaker 1: getting the real, you're getting You really are getting thought
- 12:39Speaker 1: bubbles as they pop into his head. It has been
- 12:46Speaker 1: interesting to watch him this year. His admiration for the
- 12:51Speaker 1: male physique is something that I don't think a lot
- 12:54Speaker 1: of people knew he had a fascination with until he
- 13:01Speaker 1: has used his rallies. And it just seems to come
- 13:04Speaker 1: up a lot, right? You've heard Tom Tillis kind of
- 13:07Speaker 1: imply that the reason hagseth seems to get away with
- 13:09Speaker 1: half the stuff he gets away with is that trump's
- 13:11Speaker 1: got a man crush on him in some form is
- 13:13Speaker 1: it however you want to describe the crush but that
- 13:17Speaker 1: that hagseth is just you know he's got the look
- 13:19Speaker 1: he's got the square jaw and trump is just enamored
- 13:21Speaker 1: with him and the way he was with houston it's
- 13:23Speaker 1: just it's interesting and for those of us that have
- 13:28Speaker 1: been uh trumpologists for a decade or so now let's
- 13:32Speaker 1: just say that that there are nonversations about what this
- 13:36Speaker 1: really is about trump that um That are flourishing in
- 13:40Speaker 1: many a group chat. But I digress. Let's go back
- 13:43Speaker 1: to John Houston. Donald Trump's personal affection for him aside,
- 13:50Speaker 1: he's in a tough spot, right? He was not elected
- 13:52Speaker 1: to that Senate seat. He was the lieutenant governor. He
- 13:54Speaker 1: was appointed to replace J.D. Vance when he got elevated.
- 13:58Speaker 1: And he's trying to win a full term, not a
- 14:00Speaker 1: full term even. This is just to finish the Vance
- 14:02Speaker 1: term for two years. Remember, the winner of this John Huston,
- 14:05Speaker 1: Sherrod Brown race, you know what you get? You get
- 14:08Speaker 1: to run again in two years, which is why I
- 14:10Speaker 1: was always a little bit skeptical that Brown was going
- 14:12Speaker 1: to sign up for this because he just ran in
- 14:15Speaker 1: 24 and lost. Now he's running again. If he wins,
- 14:17Speaker 1: he's got to run again in 28. Man, he's in
- 14:19Speaker 1: his early to mid 70s. That's a lot.
- 14:23Speaker 3: But, you know, Sherrod Brown, he rolls up his sleeves
- 14:25Speaker 3: and he's always ready to go. So he's going to
- 14:29Speaker 3: keep running. I have no doubt in my mind there.
- 14:32Speaker 3: But I think it's it ain't a lot of fun
- 14:34Speaker 3: that you got to do this again.
- 14:37Speaker 1: But let's be realistic. Republicans have been worried about Houston
- 14:41Speaker 1: for months. The Senate Republican super PAC poured yet has
- 14:45Speaker 1: already apparently poured 100 million into the race. And it
- 14:48Speaker 1: doesn't include all the other outside Republican spending coming more
- 14:51Speaker 1: from Elon Musk or from fair shake the crypto people. Ohio, right,
- 14:57Speaker 1: really is, it's funny, as defensive as many Republicans are
- 15:03Speaker 1: getting about Texas, I think the operative wing of the
- 15:07Speaker 1: Republican Party, particularly the Trump world, does see Ohio truly
- 15:11Speaker 1: as the firewall. But they've got to forget Iowa, right?
- 15:15Speaker 1: If they can, you know, if they can hold the
- 15:17Speaker 1: line in Ohio, they're going to hold the line in Iowa.
- 15:19Speaker 1: And they've determined that Ohio, they've And look, it's over
- 15:26Speaker 1: the last couple of cycles, you know, Biden became the
- 15:29Speaker 1: first Democratic president since John F. Kennedy to win the
- 15:32Speaker 1: White House without Ohio. So they're spending presidential like money
- 15:41Speaker 1: this cycle to protect the Senate seat there. And Trump's
- 15:43Speaker 1: going to go back to Ohio. Now, look, this is
- 15:46Speaker 1: where Houston's just in such a jam.
- 15:48Speaker 2: Right.
- 15:48Speaker 1: He's not a MAGA Republican, but he's not he doesn't
- 15:51Speaker 1: have his own individual brand. That would give him some
- 15:57Speaker 1: distance from Trump. And then you throw in the fact
- 16:01Speaker 1: that Ramaswamy is his ticket mate, who's the Republican nominee. And,
- 16:04Speaker 1: you know, Vivek's not going to try to separate himself
- 16:06Speaker 1: from Trump. He's he was part of the Doge movement.
- 16:09Speaker 1: He is. We wouldn't have Ramaswamy without Trump.
- 16:11Speaker 4: Right.
- 16:12Speaker 1: Ramaswamy would, you know, without Trump getting elected in 16,
- 16:15Speaker 1: Ramaswamy would just be working in Silicon Valley and we
- 16:18Speaker 1: may or may not know who he is. And so
- 16:21Speaker 1: it's hard for Houston to separate himself. And he does
- 16:24Speaker 1: need Trump's voters to show up. That's been the key
- 16:27Speaker 1: to Republican success in Ohio the last few cycles. But
- 16:32Speaker 1: does a Trump rally really help him? I mean, you know,
- 16:36Speaker 1: the last rally only seemed to concentrate people on John
- 16:41Speaker 1: Houston's physique through the eyes of Donald Trump. Right. And
- 16:47Speaker 1: I don't know if the reminder helps, but I understand
- 16:49Speaker 1: why he's sort of in this dilemma. And I think
- 16:52Speaker 1: that this is this is this is the problem Republicans
- 16:56Speaker 1: have all over in the fact that this is turning
- 16:58Speaker 1: into a red undertow election. It's like on one hand,
- 17:01Speaker 1: they need the Trump voter to show up. On the
- 17:02Speaker 1: other hand, the Trump voters really pissed off right now.
- 17:05Speaker 4: Right.
- 17:06Speaker 1: So I get that Republicans want to treat Ohio as
- 17:09Speaker 1: sort of the last stand in the Senate in the
- 17:11Speaker 1: sense that it's one of the places they have to
- 17:14Speaker 1: demonstrate that they can survive there. in an environment that's
- 17:18Speaker 1: moving against them, right? And look, if they can stop
- 17:22Speaker 1: the Democrats in Ohio, they probably prevent a Democratic Senate majority.
- 17:26Speaker 1: They might even prevent a majority of governors going to
- 17:29Speaker 1: the Democrats. So I see why they view Ohio as
- 17:32Speaker 1: sort of the super firewall there. And it would certainly
- 17:36Speaker 1: complicate Democrats' path to the Senate, but I don't see
- 17:39Speaker 1: any evidence that this is working yet in Ohio. And
- 17:43Speaker 1: Ohio's very, very price sensitive at the moment. It is
- 17:51Speaker 1: worth noting, Democrats are now, they're all in on Ohio.
- 17:54Speaker 1: They've poured another $ 7 million in. They poured another $ 2. 5
- 17:57Speaker 1: million in Iowa, and they're making a $ 5 million investment
- 18:00Speaker 1: in Kansas. Meanwhile, Senate Republican groups are spending, have added
- 18:05Speaker 1: money to Nebraska. Pete Ricketts, who's facing not a Democrat,
- 18:08Speaker 1: but an independent named Dan Osborne. So you've got national
- 18:13Speaker 1: party money moving into Nebraska. You've got– obviously, they're worried
- 18:17Speaker 1: about Alaska. They're pouring more money into Texas. But the
- 18:19Speaker 1: fact that they feel like they've got to– they're spending
- 18:23Speaker 1: money in Kansas. They were hoping to avoid that. So
- 18:25Speaker 1: they basically pulled money. The Republicans have pulled money out
- 18:28Speaker 1: of Georgia and North Carolina, poured it into Nebraska, Kansas, Iowa, Ohio.
- 18:36Speaker 1: It hasn't gotten– and they've put some money into South Carolina. Yeah.
- 18:40Speaker 1: We've yet to see them move it into South Dakota
- 18:42Speaker 1: and Mississippi. But those are the last two on my
- 18:44Speaker 1: competitive list that I'm waiting to see what happens. Meanwhile,
- 18:48Speaker 1: Democrats have finally decided they now can pull their money
- 18:51Speaker 1: out of North Carolina and Georgia. They were waiting a
- 18:53Speaker 1: little bit longer than the Republicans. Understandable. You can't take
- 18:56Speaker 1: anything for granted. But look, you see where this is going.
- 19:01Speaker 1: The pattern's hard to miss. Democrats are moving resources into
- 19:04Speaker 1: states that six months ago they never thought would be competitive.
- 19:09Speaker 1: Republicans are moving resources into states six months ago that
- 19:12Speaker 1: they never thought they would have to defend. That's the
- 19:16Speaker 1: story of this election at the moment. Democrats are in
- 19:19Speaker 1: expand the map mode. Republicans are in retreat mode and
- 19:23Speaker 1: triage mode. Pure and simple. It's happening on all levels.
- 19:27Speaker 1: It's happening in the Senate. It's happening in governor's races.
- 19:29Speaker 1: And it's in particular happening a lot in House races.
- 19:33Speaker 1: And one thing to watch for over the next 20
- 19:35Speaker 1: days is whether the Republican candidates who survived I think,
- 19:38Speaker 1: are the ones who have managed to preserve the political
- 19:41Speaker 1: identity that they had pre-Donald Trump. And the irony may
- 19:45Speaker 1: be that being an establishment Republican that has distance from
- 19:51Speaker 1: Trump might actually be a better identifier to have with
- 19:58Speaker 1: voters than to be considered part of the Trump establishment.
- 20:01Speaker 1: It's possible that being anti-Trump is now anti-establishment, even if
- 20:06Speaker 1: your name is Susan Collins or Mike Rounds. Not guaranteeing
- 20:09Speaker 1: that's what it's there, but it's not lost on me
- 20:13Speaker 1: that the places where Republicans think they can survive are
- 20:17Speaker 1: the places where they have the least Trumping on it. Hey,
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- 21:52Speaker 1: rating was as of August of 2026. Now let's look
- 22:00Speaker 1: at the house. Just how big? could this get for Democrats?
- 22:06Speaker 1: There's some limitations here, right? But there's another set of
- 22:10Speaker 1: numbers out there that I think tells us quite a
- 22:11Speaker 1: bit about where things are headed. Republican outside groups are
- 22:14Speaker 1: now making some difficult decisions. And we saw earlier this
- 22:18Speaker 1: week news on the Republican side that they've pulled support,
- 22:24Speaker 1: both in a, one was a target race in Michigan's eighth,
- 22:27Speaker 1: two were defenses, New Jersey seven, which is Tom Kane,
- 22:30Speaker 1: Iowa one, Marianne Miller Meeks, When you pull funding from
- 22:35Speaker 1: a sitting incumbent, you know, that that tells you how
- 22:39Speaker 1: serious they are. And it tells you that they're that
- 22:42Speaker 1: even the even the Republicans, House Republicans are a bit resource.
- 22:47Speaker 1: They're in a bit of a resource crunch. They can't afford. Look,
- 22:50Speaker 1: Tom Kane's seat in New Jersey is very expensive. He
- 22:52Speaker 1: had the weird he disappeared for a while. Democrats have
- 22:55Speaker 1: a very good nominee in that race. It was already swingy.
- 22:59Speaker 1: You know, it's just a the. It's just very expensive.
- 23:02Speaker 1: Iowa has become expensive simply because of how busy the
- 23:05Speaker 1: airwaves are. And there are two other races that they'd
- 23:08Speaker 1: like to try to save there, the statewide race of
- 23:11Speaker 1: the Senate, Iowa 3, which is Zach Nunn's, the Des
- 23:15Speaker 1: Moines area district, and then the open seat that they're
- 23:19Speaker 1: trying to. So there are other reasons to prioritize what
- 23:23Speaker 1: you can do in there. But you're seeing... you know,
- 23:27Speaker 1: pulling money from an incumbent and Marianne Miller Meeks has been,
- 23:30Speaker 1: you know, she won one race a couple of cycles
- 23:32Speaker 1: ago by six votes. Um, but the fact that they're
- 23:36Speaker 1: starting to pull that tells you something. Meanwhile, the D
- 23:38Speaker 1: triple C is an expansion mode. Um, they've, they've added
- 23:43Speaker 1: one of the seats that were part of the dummy Mander, right?
- 23:46Speaker 1: Florida's 22nd district. They're now spending more money in Florida, nine,
- 23:50Speaker 1: the Darren Soto district. Um, It's, again, just like with
- 23:55Speaker 1: the Senate. One party is expanding the map. The other
- 23:57Speaker 1: party is trying to shrink it. It's a pretty good indication.
- 24:00Speaker 1: We know which direction the political wind is blowing. We
- 24:02Speaker 1: just don't know how strong the wind is going to be.
- 24:05Speaker 1: But there's one other way to look at this. There's
- 24:09Speaker 1: a great chart that I've been using comparing the 2024
- 24:14Speaker 1: presidential vote in a series of Republican-held or Republican-leaning House
- 24:18Speaker 1: districts with the current 2026 forecast from our friends at DDHQ.
- 24:23Speaker 1: And what the chart gives me is a way to
- 24:25Speaker 1: measure how large the potential Democratic wave could get. So
- 24:29Speaker 1: I just mentioned the Darren Soto District, Florida 9. Trump
- 24:32Speaker 1: carried it by 18 points in 2024. Does that mean
- 24:35Speaker 1: it was really a D plus 18 seat or did
- 24:37Speaker 1: Latino voters over index for Trump in one election and
- 24:42Speaker 1: it sort of. it made people perceive that that district
- 24:46Speaker 1: was more Trumpy or more Republican than it is. Well,
- 24:49Speaker 1: the beauty of this forecast is it kind of is
- 24:51Speaker 1: ironing out that surge of Latino vote. And this is
- 24:55Speaker 1: the big shift that has really hurt Republicans, particularly in
- 24:59Speaker 1: some of these, you know, in Texas Senate, but really
- 25:03Speaker 1: in a lot of these Southern and Sunbelt battlegrounds, is
- 25:06Speaker 1: that the Latino vote is not They voted for Trump
- 25:10Speaker 1: in 24, but that didn't mean they became– they rented Trump.
- 25:13Speaker 1: They didn't buy, right? And they're ready to flip back
- 25:17Speaker 1: pretty easily. So, yes, you can sit here and say
- 25:21Speaker 1: a Florida 9 is going to– now it's projected to
- 25:23Speaker 1: be an R plus 2 district, which means that's a
- 25:28Speaker 1: winnable scenario for Darren Soto. This is part of the
- 25:30Speaker 1: redistricting competition in Florida. Now– Is the environment shifting 16 points?
- 25:38Speaker 1: I don't think it's shifting 16 points. I think the
- 25:40Speaker 1: environment is shifting 10 to 12. But I think in
- 25:42Speaker 1: certain parts of the electorate, Trump over-indexed with certain voting groups,
- 25:47Speaker 1: younger voters and Latino voters. They have flipped back in
- 25:50Speaker 1: a hard way the other way. I think that's why
- 25:54Speaker 1: you see what appears to be dramatic movements or perceived
- 25:59Speaker 1: movements of where this electorate is going. I think it
- 26:01Speaker 1: was never a D plus 18 seat in 2024. just
- 26:05Speaker 1: like Kansas wasn't really D plus 16, you know, but
- 26:09Speaker 1: it's just that he sort of over-indexed in the moment.
- 26:13Speaker 1: The district, you know, I want to watch election night.
- 26:18Speaker 1: I always, you know, are looking for early tea leaves.
- 26:22Speaker 1: And this list has two districts on it that for
- 26:26Speaker 1: me are the early tea leaves to determine how big will,
- 26:30Speaker 1: could this get for Democrats? One is Kentucky's 6th District.
- 26:34Speaker 1: This is the Lexington seat, the University of Kentucky seat.
- 26:37Speaker 1: It used to be very swingy when one of the
- 26:40Speaker 1: late Happy Chandler's grandkids was the member of Congress there.
- 26:44Speaker 1: Andy Barr used to lose when he was running to
- 26:49Speaker 1: represent that part of Kentucky in Congress. When he won,
- 26:53Speaker 1: it was sort of a whole shift of the state
- 26:55Speaker 1: went to the right. And now you're seeing this district
- 27:01Speaker 1: get very competitive. This is one of those, if Democrats
- 27:05Speaker 1: are winning Kentucky 6, or if Democrats, and it's an
- 27:08Speaker 1: early poll closing, so we're going to know Kentucky 6 by, say,
- 27:12Speaker 1: 7.30 or 8 p.m. Eastern time on election night, then
- 27:15Speaker 1: you know this thing's going to get big. South Carolina won.
- 27:18Speaker 1: That's the Nancy Mace district. This has been redistricted to
- 27:21Speaker 1: be more Republican than the last time it went Democratic
- 27:24Speaker 1: back in the last decade. It was R plus 13,
- 27:28Speaker 1: if you believe the presidential numbers in South Carolina won.
- 27:32Speaker 1: Right now, DDHQ projects it as R plus five. Well,
- 27:37Speaker 1: if Darlene Graham is as weak as we think at
- 27:39Speaker 1: the top of the ticket and that race is too
- 27:42Speaker 1: close to call it poll close, and that's an early
- 27:44Speaker 1: poll closing state, 730, I believe, is what South Carolina is. Well,
- 27:48Speaker 1: that also in South Carolina won, right? Democrats picked that
- 27:52Speaker 1: one up. Then we're looking at the 35 to 40
- 27:53Speaker 1: seat race. scenario and maybe bigger. But those are two
- 28:00Speaker 1: early ones. There are two more in Virginia, 7 p.m.
- 28:04Speaker 1: poll closing time that I'm obsessed with. The first district,
- 28:08Speaker 1: Rob Whitman's district, and the fifth district, which still has
- 28:11Speaker 1: Charlottesville in it, but it's pretty Republican. Tom Perriello once
- 28:15Speaker 1: represented a portion of it. Both of those are districts... Look,
- 28:21Speaker 1: Whitman was trending towards the Democrats, the first district. It
- 28:24Speaker 1: sort of got a little bit of the Richmond suburbs,
- 28:26Speaker 1: and it's what's been happening in the northern neck and
- 28:29Speaker 1: things like that, if you know your Virginia geography. The
- 28:33Speaker 1: fifth is a Republican district that can underperform in a
- 28:37Speaker 1: bad year. And so the fifth would be one of
- 28:40Speaker 1: those that I suspect if Democrats won it, it would
- 28:44Speaker 1: probably be one that would flip right back in a
- 28:47Speaker 1: presidential year. Still- Considering that in Virginia, they tried to
- 28:51Speaker 1: get rid of, you know, they could end up with
- 28:55Speaker 1: a 9-2 map without having to jerry-rig everything. Just keep
- 29:00Speaker 1: that in mind when you start to see about those things.
- 29:05Speaker 1: So that's sort of another way of understanding this election
- 29:13Speaker 1: cycle and why early on, right? If Democrats are winning
- 29:15Speaker 1: districts that Trump carried in the five to eight point range, Well,
- 29:19Speaker 1: that's a 2006 like wave. Um, if they're winning districts,
- 29:23Speaker 1: Trump carried from the 10 to 15 point range, that's
- 29:27Speaker 1: something considerably bigger. That's something that means we're looking at a,
- 29:31Speaker 1: a democratic version of the 1994 Republican wave, right? That
- 29:34Speaker 1: was a monstrous wave. That was a category five type
- 29:37Speaker 1: of wave. 2006, it flipped both the House and the Senate,
- 29:42Speaker 1: but it's more like a category two, category three type
- 29:45Speaker 1: of wave. And that's the difference. D plus five to
- 29:49Speaker 1: eight versus, you know, a Trump plus five to eight
- 29:52Speaker 1: election where they're winning those, Democrats winning those seats versus
- 29:55Speaker 1: the double digit seats. And if some of these Trump
- 29:58Speaker 1: plus 15 districts start falling, You know, then it's we
- 30:01Speaker 1: can't we won't even say this is a extreme routine
- 30:04Speaker 1: midterm correction. We might be talking about a full on
- 30:08Speaker 1: repudiation and that this is a reset, if you will.
- 30:12Speaker 1: I don't think we're there yet. I think some of
- 30:14Speaker 1: these Republican candidates that we're talking about are the favorites.
- 30:17Speaker 1: I think South Carolina one still probably stays Republican. I
- 30:20Speaker 1: think Virginia five probably stays Republican. But the fact that
- 30:24Speaker 1: they're on the board realistically on the board. That's the
- 30:28Speaker 1: debate we're having, right? Which is, is this going to
- 30:30Speaker 1: go from conventional repudiation to something bigger? Because I'll tell
- 30:35Speaker 1: you what we don't see any signs of, of the mirage. I'm,
- 30:40Speaker 1: you know, famous last words and I can eat them.
- 30:43Speaker 1: But the idea that this turns into a blue mirage,
- 30:45Speaker 1: my friend Patrick Ruffini is constantly wondering if there's a
- 30:49Speaker 1: lot of too much, the folks on the left are
- 30:51Speaker 1: smoking too much opium. I hear you. But The political
- 30:57Speaker 1: polls match the consumer confidence, right? And the fact that,
- 31:04Speaker 1: you know, sometimes you look at something and like, well, huh,
- 31:07Speaker 1: polls show it's stronger, but boy, the atmosphere feels different, right?
- 31:11Speaker 1: Everything feels like it's aligning in this one. And that
- 31:18Speaker 1: brings me to the latest consumer sentiment numbers out of
- 31:21Speaker 1: the University of Michigan. We got those over the weekend.
- 31:24Speaker 1: These numbers... This is why I'm pretty confident we're not overestimating.
- 31:32Speaker 1: If anything, we could be underestimating. The October preliminary index
- 31:35Speaker 1: of consumer sentiment is at a very paltry 46.3 on
- 31:40Speaker 1: their scale. What does that mean? Well, it was 48.1
- 31:45Speaker 1: in September. But more importantly, 46.3 is lower than any
- 31:51Speaker 1: consumer confidence number that was produced during the Biden presidency.
- 31:58Speaker 1: And remember how much political damage inflation and the lack
- 32:02Speaker 1: of confidence, consumer confidence, did to the Biden presidency and
- 32:06Speaker 1: Biden's politics and Kamala Harris. Well, consumer sentiment right now
- 32:12Speaker 1: is worse in October 2026 than it was at any
- 32:15Speaker 1: point in time during any part of the Biden presidency.
- 32:21Speaker 1: And there's one more part of this University of Michigan report.
- 32:26Speaker 1: that was released last week that I don't want you
- 32:27Speaker 1: to miss. Researchers also asked consumers how they expected to
- 32:31Speaker 1: respond over the next year to products that have experienced
- 32:36Speaker 1: especially large price increases, right? Thanks to energy spikes or tariffs. Well,
- 32:42Speaker 1: only 31% said they expected to keep spending as usual, right?
- 32:47Speaker 1: Only one in three voters, right? Well, here's your K-shaped economy, okay? 54%
- 32:54Speaker 1: majority of people said they're already planning to cut back. 16%
- 32:57Speaker 1: said they'd be stopped. It wouldn't even be buying those
- 33:00Speaker 1: overly inflated prices. Wouldn't be buying those items at all. Okay.
- 33:05Speaker 1: So seven in 10 Americans expect to change their purchasing
- 33:09Speaker 1: behavior simply because of higher prices.
- 33:12Speaker 4: 70%.
- 33:13Speaker 1: That's a lot of Republicans, Democrats, and independents when you're
- 33:16Speaker 1: at 70%. Right. And here's where you can see the
- 33:20Speaker 1: K-shaped part of this economy in this report. Among Americans
- 33:23Speaker 1: in the bottom third of income earners, only 20% expect
- 33:28Speaker 1: to continue spending as usual. So basically 80% of the
- 33:32Speaker 1: paycheck to paycheck crowd feels like they have to cut back.
- 33:36Speaker 1: Among Americans who do not own stocks, just 18% think
- 33:39Speaker 1: they don't have to cut back. And guess what? Among
- 33:42Speaker 1: the wealthiest who do own stocks, 50% expect to spend
- 33:47Speaker 1: as usual. Well, who do you think Donald Trump is surrounded?
- 33:51Speaker 1: I think about this. I looked at this survey and
- 33:53Speaker 1: I thought, who's Donald Trump interacting with? Right. If half
- 33:57Speaker 1: the people with the biggest stock portfolios think they'll be
- 34:00Speaker 1: able to keep spending normally. Well, that's who Donald Trump
- 34:03Speaker 1: lives with. That's who he interacts with. That's who he
- 34:06Speaker 1: sees at these rallies. That's who I think he doesn't
- 34:10Speaker 1: have a clue at what his economic decisions have done
- 34:14Speaker 1: to the average American. And I think the average American
- 34:18Speaker 1: has decided, the guy who used to hear us and
- 34:21Speaker 1: who used to say the things, he seems to say
- 34:24Speaker 1: what I'm thinking. That ain't this Donald Trump anymore. So
- 34:32Speaker 1: I definitely think that the lived experience on the president's
- 34:35Speaker 1: economic policy decisions is what's dooming Trump. And that's why
- 34:40Speaker 1: no amount of messaging, no amount of rallying, no amount
- 34:43Speaker 1: of owning the libs, BS, sue the networks, this or that.
- 34:48Speaker 1: This is the lived experience is trumping all of that.
- 34:51Speaker 1: And this is why, in some ways, this looks even
- 34:53Speaker 1: more precarious for Republicans in red states than it does
- 34:57Speaker 1: even in the blue states. You can talk all you
- 34:59Speaker 1: want about economic growth, right? You can point to the
- 35:02Speaker 1: stock market. But again, what about people without stock, right?
- 35:07Speaker 1: It is voters are making decisions based on what's actually
- 35:11Speaker 1: happening to them. And this ain't going well for Trump.
- 35:16Speaker 1: Gas prices, just to give you, right, gas prices were
- 35:21Speaker 1: under $ 3 a gallon before the war began in February
- 35:24Speaker 1: of this calendar year. We were just starting the primary
- 35:29Speaker 1: process to decide who our nominees were, and gas was
- 35:31Speaker 1: under $ 3. It got to $ 4. 50 in May, and we're
- 35:37Speaker 1: back to around $ 4. 50 right now. That's not good. Consumer
- 35:42Speaker 1: concerns and tariffs are what dominated 2025. Now you add
- 35:47Speaker 1: in the gas prices and the tariffs haven't gone away.
- 35:52Speaker 1: And what's interesting here is how Republicans in this survey, right,
- 35:57Speaker 1: they rhetorically are backing up. They're more optimistic about the
- 36:01Speaker 1: state of the economy. But then when you ask them
- 36:04Speaker 1: what they're doing, they behave like people who don't think
- 36:07Speaker 1: this is a good economy. So we know that people
- 36:11Speaker 1: politically answer is the economy in good or bad, you know,
- 36:14Speaker 1: that they answer with their jersey. But when you start
- 36:17Speaker 1: to ask them about what they're doing with spending, that's
- 36:20Speaker 1: a different story. They're not answering as partisans. They're just
- 36:24Speaker 1: answering as their lived experience. And that's where you see
- 36:27Speaker 1: the disconnect because you see people who are voicing optimism,
- 36:30Speaker 1: but at the same time saying, telling us that they're
- 36:33Speaker 1: cutting back. That's the lived experience. That's why Donald Trump
- 36:39Speaker 1: has a problem. convincing people, just give it more time,
- 36:43Speaker 1: just give it more time. He's been, you know, he's
- 36:46Speaker 1: been doing this now for six months with this Iran war,
- 36:49Speaker 1: promising that somehow it's around the corner, costs are going
- 36:52Speaker 1: to come down. You'll never believe. And, and here we are.
- 36:57Speaker 1: All people have is the experience they're living with in
- 36:59Speaker 1: the moment. And it is not a good experience. All right,
- 37:03Speaker 1: let me unload a quick little few things on the, on,
- 37:06Speaker 1: on sort of the Washington front. Um, I'm going to
- 37:10Speaker 1: start with Kimberly Guilfoyle. You know, it's funny how the
- 37:15Speaker 1: rules in Trump world work, right? She's no longer the
- 37:19Speaker 1: ambassador to Greece. She was forced to resign because she did,
- 37:25Speaker 1: you know, she used her access to get, you know,
- 37:28Speaker 1: some outsider to try to shake down for money, for access,
- 37:32Speaker 1: et cetera, right? The Wall Street Journal reported that the allegations,
- 37:36Speaker 1: you know, that Guilfoyle sought to have a political donor
- 37:39Speaker 1: pay off her Amex bill in exchange for getting access
- 37:42Speaker 1: to influential figures in the Trump administration. This is not
- 37:48Speaker 1: about whether this is legal or not.
- 37:50Speaker 4: It's icky.
- 37:51Speaker 1: It's certainly unethical, right? We can have an legal argument
- 37:55Speaker 1: about whether it's technically illegal or not, but it's icky.
- 37:59Speaker 1: It looks gross. It's so gross that even Trump and
- 38:03Speaker 1: Marco Rubio think it's a bad public look, right? But
- 38:07Speaker 1: I'm sorry, as I said before, I find the outrage
- 38:09Speaker 1: by Trump world comical, right? Look, the allegations are serious
- 38:15Speaker 1: and she should, you know, any person doing this should
- 38:18Speaker 1: be punished. But if they're, but this administration, this is
- 38:23Speaker 1: the administration that they're going to suddenly draw a line,
- 38:26Speaker 1: a bright ethical line around monetizing access to Donald Trump.
- 38:31Speaker 1: Is it because we're three weeks before an election and
- 38:32Speaker 1: that's why you care about this? Did she make the
- 38:35Speaker 1: mistake of having this story come out in an even-numbered year?
- 38:38Speaker 1: If it happened in an odd-numbered year, everybody would have said,
- 38:40Speaker 1: move along now, nothing to see here. Because suddenly Donald
- 38:44Speaker 1: Trump is outraged by what she did. But this is
- 38:48Speaker 1: the same Donald Trump whose political operation hosted a private
- 38:52Speaker 1: dinner for major holders of the president's own cryptocurrency. I'd
- 38:57Speaker 1: say that was about 100 times worse than anything Kimberly
- 38:59Speaker 1: Guilfoyle tried to do. The same extended family that has
- 39:04Speaker 1: benefited from enormous overseas investments, including Jared Kushner's investment firm
- 39:08Speaker 1: receiving billions from Saudi Arabia's sovereign rail fund? The same
- 39:12Speaker 1: political universe in which proximity to the president has become
- 39:16Speaker 1: such a valuable asset that they sell access to truth
- 39:21Speaker 1: social Trump posts early to investors? And Kimberly Guilfoyle is
- 39:26Speaker 1: the one that has to go?
- 39:28Speaker 3: What are the rules?
- 39:31Speaker 1: You can't monetize access to Trump if you haven't actually
- 39:34Speaker 1: married Donald Trump Jr. Engagement wasn't, it was, you know,
- 39:37Speaker 1: you don't get to do this just as a fiance
- 39:39Speaker 1: or an ex-fiance. Or maybe you need to do it
- 39:42Speaker 1: on a much larger scale. $ 100, 000 is chump change, too
- 39:46Speaker 1: small time. Don't get caught being a petty, you know,
- 39:49Speaker 1: being a petty grifter. Go big or go home. But
- 39:53Speaker 1: this is a truism throughout the Trump era. People around
- 39:58Speaker 1: Trump frequently end up paying a price for conduct that
- 40:02Speaker 1: does not produce the same consequences for Trump and his family.
- 40:06Speaker 1: Michael Cohen went to prison in connection with Donald Trump's
- 40:09Speaker 1: hush money scheme. Donald Trump was convicted in a New
- 40:14Speaker 1: York courtroom and received an unconditional discharge. Rudy Giuliani lost
- 40:18Speaker 1: his law license. ridiculous allegations that Donald Trump asked him
- 40:25Speaker 1: to do. John Eastman was disbarred doing the dirty work
- 40:31Speaker 1: of Donald Trump. Other Trump allies have faced criminal convictions
- 40:34Speaker 1: or guilty pleas. Meanwhile, Trump returned to the White House.
- 40:40Speaker 1: The people who get close to Trump sometimes discover that
- 40:42Speaker 1: the rules apply to them in ways they don't seem
- 40:45Speaker 1: to apply to him.
- 40:47Speaker 4: And Ms.
- 40:49Speaker 1: Guilfoyle may have just discovered that there's a particularly important
- 40:52Speaker 1: distinction between being part of the Trump family and having
- 40:55Speaker 1: once been engaged to somebody in the Trump family. Which
- 41:06Speaker 1: brings me to another interesting aspect of this story. The
- 41:08Speaker 1: person announcing Guilfoyle's departure was Katie Zachariah. And she's the
- 41:15Speaker 1: new White House press secretary. She made her debut in
- 41:17Speaker 1: the briefing room on Tuesday. Look, I knew nothing of
- 41:21Speaker 1: this person. I'd never heard of her. I don't know
- 41:23Speaker 1: if this means I'm not well-informed. I think I have
- 41:26Speaker 1: a pretty good feed on the right to monitor what's
- 41:31Speaker 1: going on. I do sort of, you know, I pay
- 41:36Speaker 1: attention to what Laura Loomer's up to and I pay
- 41:39Speaker 1: attention to what these folks are up to. I'd never
- 41:41Speaker 1: heard of this woman. You know, I've probably dismissed her
- 41:44Speaker 1: as just like another sort of, you know, that's just
- 41:49Speaker 1: been grifting off of the Trump movement to build a
- 41:53Speaker 1: social media following. But it's pretty clear how she got
- 41:57Speaker 1: the job, right? Sycophantry is how you get this job. Now,
- 42:01Speaker 1: her debut, I think you find out what happens. Donald
- 42:06Speaker 1: Trump has ruined this position, right? There was a time
- 42:13Speaker 1: the position was designed to actually take you know, be
- 42:18Speaker 1: a conduit to the public and the press about what's
- 42:21Speaker 1: the president up to? What's he doing? Why is he
- 42:24Speaker 1: doing this? Let me find out. And, you know, whether
- 42:27Speaker 1: it was Ari Fleischer with Bush or Mike McCurry with
- 42:30Speaker 1: Clinton or Robert Gibbs with Obama, you know, you felt
- 42:34Speaker 1: like Jen Psaki with Biden. You felt like, you know, yes,
- 42:41Speaker 1: they were going to perform every once in a while
- 42:43Speaker 1: for the cameras because the cameras were on. But, None
- 42:47Speaker 1: of them ever wanted to be seen as a liar.
- 42:52Speaker 1: And it would bother them if they lost their credibility.
- 42:54Speaker 1: Ari Fleischer, anytime he's been accused of misleading people, gets
- 42:58Speaker 1: defensive about it because he doesn't want to be seen
- 43:01Speaker 1: as that. That would bother him. It bothers Mike McCurry.
- 43:03Speaker 1: It bothers Robert Gibbs. That's not how Donald Trump believes
- 43:09Speaker 1: this job. Sure, lie. I mean, this is who he is.
- 43:12Speaker 1: He's P.T.
- 43:13Speaker 2: Barnum.
- 43:15Speaker 1: So I, you know, I have no I my my
- 43:18Speaker 1: expectations for her in this job are super low.
- 43:20Speaker 4: Right.
- 43:20Speaker 1: It's if Donald Trump is happy. Great. I guess the
- 43:23Speaker 1: word Scaramucci is trending with Zacharia, which isn't a good
- 43:27Speaker 1: sign because he lasted 11 days. And the question is,
- 43:30Speaker 1: was he so bad at this?
- 43:32Speaker 3: Right.
- 43:32Speaker 1: She only took a handful of questions and most of
- 43:34Speaker 1: them were just to the with with the friendly outlets,
- 43:36Speaker 1: which I guess, you know, it's sort of like spring training.
- 43:39Speaker 4: Right.
- 43:40Speaker 1: Don't take don't don't take a high hard one yet.
- 43:42Speaker 1: You know, you don't want to face Jacob Mizorowski again.
- 43:45Speaker 1: You want to face a bullpen catcher trying to pretend
- 43:49Speaker 1: they're a pitcher, right? So, you know, who knows if
- 43:55Speaker 1: she ever gets effective at this at all. I've read
- 43:59Speaker 1: where she's a big conspiracy theorist. I don't know why
- 44:02Speaker 1: you would want a conspiracy theorist in this job when,
- 44:06Speaker 1: you know, and apparently even Susie Wiles was blindsided by
- 44:09Speaker 1: this decision. But she fits the pattern of what Trump
- 44:14Speaker 1: wants out of a spokesperson. He wants a spokesperson, frankly,
- 44:18Speaker 1: to be seen more than they're heard. And that appears
- 44:22Speaker 1: to be the situation here. But it's another reminder how
- 44:26Speaker 1: much the institution of the White House press briefing and
- 44:30Speaker 1: the White House press secretary has been damaged and has deteriorated.
- 44:36Speaker 1: It's on the long to do list of what's it
- 44:39Speaker 1: going to take to restore democracy. You know, it's the
- 44:42Speaker 1: subject of my column today that you can find on
- 44:45Speaker 1: Substack or Newsphere. Now, a story that I think is
- 44:49Speaker 1: considerably more serious before we get to my interview with
- 44:51Speaker 1: Paul Glastris. Federal agents searched the Washington home of Democratic
- 44:56Speaker 1: Congresswoman Ilhan Omar on Monday as part of a criminal investigation. Now,
- 45:01Speaker 1: the Justice Department says agents executed a judicially authorized warrant. Now,
- 45:06Speaker 1: Omar has denied wrongdoing and says she's being politically targeted.
- 45:11Speaker 1: Before we go any further, I want to make something clear.
- 45:13Speaker 1: I don't know what the evidence the government has. And
- 45:16Speaker 1: neither do most people offering instant judgments about this case.
- 45:22Speaker 1: I am surprised that the Justice Department got a judge
- 45:25Speaker 1: to sign off on this search less than 30 days
- 45:28Speaker 1: before an election. So, but, you know, maybe... Maybe they
- 45:37Speaker 1: have some facts that can obviously they have some facts
- 45:40Speaker 1: that convinced a judge a search warrant at this time
- 45:44Speaker 1: was necessary. But I can tell you. This better be
- 45:51Speaker 1: good because the Justice Department has sort of put their
- 45:53Speaker 1: own credibility on the line here.
- 45:54Speaker 4: Right.
- 45:58Speaker 1: There had been longstanding policy, and I know Todd Blanch
- 46:00Speaker 1: changes longstanding policy at the Justice Department at the drop
- 46:03Speaker 1: of a hat now. He is not interested in the
- 46:05Speaker 1: rule of law. He is interested in just being the
- 46:07Speaker 1: president's lawyer. I can recite how he screwed this up,
- 46:12Speaker 1: but if you're listening to me now, you heard it
- 46:16Speaker 1: on the last episode. But usually the Justice Department wants
- 46:22Speaker 1: its cases taken seriously. And if you're going to do
- 46:25Speaker 1: something this close to an election, you better have the goods.
- 46:29Speaker 1: Because it was 22 days before Election Day when this
- 46:31Speaker 1: search occurred. The Justice Department for years had operated under
- 46:35Speaker 1: policies and traditions designed to prevent federal law enforcement from
- 46:39Speaker 1: appearing to manipulate elections. And doing this this close to
- 46:42Speaker 1: an election is just that. You've put your thumb on
- 46:45Speaker 1: the scale to voters. Now, none of these were absolute
- 46:51Speaker 1: prohibitions on investigations. And obviously, there are circumstances where a
- 46:56Speaker 1: prosecutor thinks they have to act. But a normal Justice
- 47:01Speaker 1: Department who wants credibility with the public, who wants their
- 47:04Speaker 1: prosecutions taken seriously by judges, usually dot every I and
- 47:08Speaker 1: cross every T. Are you convinced that Todd Blanche's Justice
- 47:12Speaker 1: Department is dotting every I and crossing every T when
- 47:15Speaker 1: they're targeting a member of Congress less than less than
- 47:19Speaker 1: a month before Election Day? And it's somebody who's regularly
- 47:23Speaker 1: targeted by the sitting president of the United States all
- 47:27Speaker 1: the time. So to say this smells is an understatement.
- 47:34Speaker 1: It smells. She may very well have some messed up
- 47:39Speaker 1: immigration papers. Maybe it was her. Maybe it was her family.
- 47:44Speaker 1: But you better have it. And you better know that
- 47:46Speaker 1: she did something criminal here. Because this looks like political targeting.
- 47:52Speaker 1: This looks like abuse of the Justice Department. And here's
- 47:54Speaker 1: the thing. If they had no track record of abusing
- 48:00Speaker 1: their power like this, they'd get a little bit more
- 48:03Speaker 1: benefit of the doubt. But have they earned the benefit
- 48:07Speaker 1: of the doubt? Who made this decision? Who signed off
- 48:13Speaker 1: on it? And we're not seeing anything. The only thing
- 48:18Speaker 1: the Justice Department is trying to do is sue the
- 48:22Speaker 1: news media these days, right? Now the Justice Department decided
- 48:25Speaker 1: to open an antitrust investigation, conveniently, less than a month
- 48:29Speaker 1: before Election Day. involving the television networks over the fact
- 48:32Speaker 1: that the White House, that the TV networks decided to
- 48:35Speaker 1: suspend pool coverage because Donald Trump banned members of the pool,
- 48:42Speaker 1: individual members of the pool from covering the president. I
- 48:48Speaker 1: was a part of that pool. It's contractual obligation, number one.
- 48:52Speaker 1: But number two, if you choose not to cover something,
- 48:57Speaker 1: that's part of your First Amendment right too. He has
- 49:00Speaker 1: no right to coverage, just like he claims we have
- 49:03Speaker 1: no right to be physically in his presence to cover him.
- 49:08Speaker 1: So it is not a serious investigation. It is simply
- 49:13Speaker 1: the Justice Department being weaponized to create the illusion that
- 49:18Speaker 1: somehow Donald Trump... is a target by the media's coming
- 49:23Speaker 1: to get him. Right? Oh, the media's coming to get him.
- 49:31Speaker 1: I will just say, I don't know what I would
- 49:35Speaker 1: take seriously out of this Justice Department, but anything that
- 49:37Speaker 1: targets somebody who's regularly a punching bag for Donald Trump,
- 49:43Speaker 1: you have to be skeptical about whether they even have
- 49:46Speaker 1: the goods. And the fact that they violated a norm
- 49:50Speaker 1: inside of 30 days of an election like this, and
- 49:54Speaker 1: yet they don't really, they don't, if they had it,
- 49:57Speaker 1: I think they would tell us, you know, this is
- 49:59Speaker 1: one of those things, they're not, they're not saying if
- 50:01Speaker 1: they had the goods on her, we'd all have the information.
- 50:04Speaker 1: They'd be screaming it from the rooftops because why would
- 50:07Speaker 1: you sit on it? If you have something, you wouldn't
- 50:10Speaker 1: sit on it. So they're just trying to create the...
- 50:14Speaker 1: I don't think they care whether they actually have a case.
- 50:19Speaker 1: I think it's pretty clear that just having the search
- 50:24Speaker 1: of Ilhan Omar as a headline three weeks before the
- 50:28Speaker 1: election is the feature, not the bug. They don't care
- 50:33Speaker 1: if they have a prosecutable case. I think if they
- 50:36Speaker 1: had a prosecutable case.
- 50:39Speaker 1: We'd already know. And they don't have a prosecutable case.
- 50:43Speaker 1: All right, one more thing before I go. I want
- 50:46Speaker 1: to shift gears for a moment because there's another story
- 50:48Speaker 1: that I think could have consequences well beyond this election.
- 50:51Speaker 1: So Elon Musk has now decided to spend another $ 276
- 50:55Speaker 1: million supporting Republican groups in his own super PAC. And
- 51:01Speaker 1: that's just since July, okay? $ 276 million just in the
- 51:04Speaker 1: last 90 days. He sent $ 158 million alone to the
- 51:11Speaker 1: Senate Leadership Fund, which is the Senate Republican Super PAC.
- 51:15Speaker 1: In fact, that single contribution was larger than the amount
- 51:18Speaker 1: the Democratic Super PAC raised from all of its donors
- 51:21Speaker 1: during the quarter. Now, look, we've had extraordinarily wealthy political
- 51:26Speaker 1: donors before. George Soros is a big one for the Democrats.
- 51:29Speaker 1: We've had billionaires who've spent enormous sums trying to influence elections.
- 51:32Speaker 1: But what's striking to me about Musk is how deliberate
- 51:35Speaker 1: and public he's being about his involvement. He's not simply
- 51:39Speaker 1: writing checks to candidates he likes. He's becoming one of
- 51:41Speaker 1: the most identifiable financial backers of the Republican Party and
- 51:44Speaker 1: specifically of the effort to preserve Republican control of Congress.
- 51:49Speaker 1: I think it's a giant mistake. If you're a shareholder
- 51:52Speaker 1: in any of Elon Musk's business, his decision to be
- 51:56Speaker 1: a partisan like this is not in the best interest
- 52:00Speaker 1: of these companies. He is not abiding by the fiduciary responsibility.
- 52:04Speaker 1: He is hurting the bottom line of these companies. I'm
- 52:09Speaker 1: not saying the money's not going to have impact. It could.
- 52:12Speaker 1: That's a lot of ads that $ 276 million can buy.
- 52:16Speaker 1: But Musk is making himself personally responsible, at least in
- 52:19Speaker 1: the public's mind, for the political project he's financing. And
- 52:22Speaker 1: that means he's going to be a target. And I
- 52:24Speaker 1: think he's going to regret being a target. He already
- 52:27Speaker 1: bought Twitter simply to do that. So he wants to
- 52:30Speaker 1: control the information ecosystem. He wants to financially be the
- 52:34Speaker 1: single most important backer of one political party. This is
- 52:37Speaker 1: a concentration of power that no party and no individual
- 52:41Speaker 1: American should be comfortable with. But more importantly, if you're
- 52:45Speaker 1: a shareholder in his publicly traded company, and if you're
- 52:51Speaker 1: a business leader and you're somebody who wants to work
- 52:54Speaker 1: with Tesla or SpaceX or XAI, if you're a local
- 52:57Speaker 1: government considering a project involving one of Musk's companies, you
- 52:59Speaker 1: now have to think about the political implications of that relationship.
- 53:03Speaker 1: He is making decisions. And I guess you could say, well,
- 53:06Speaker 1: you know, he's not hiding who he is. Okay, maybe.
- 53:10Speaker 1: But I don't think Musk fully appreciates this. And it's
- 53:16Speaker 1: the way he goes about it, right? You know, there's
- 53:19Speaker 1: plenty of donors that pick a side and stick to
- 53:21Speaker 1: that side. But are you doing it with malevolence or benevolence?
- 53:29Speaker 1: And he's clearly doing it with malevolence. And it only
- 53:33Speaker 1: increases interest in finding ways to prove he's doing something wrong,
- 53:38Speaker 1: doing something illegal, doing something over the top. But if anything,
- 53:42Speaker 1: he's got just way– and remember, he himself may have
- 53:45Speaker 1: been personally responsible for sort of helping to try to
- 53:50Speaker 1: mainstream this crazy rumor about Tallarico that when he was
- 53:53Speaker 1: sick with the flu that he was somehow in some
- 53:56Speaker 1: unnamed mental facility. And this is what makes him so dangerous, right?
- 54:03Speaker 1: And we've just seen this over and over again. So
- 54:08Speaker 1: I just think Musk has made a huge mistake and
- 54:11Speaker 1: made his companies more vulnerable to scrutiny, made his companies
- 54:15Speaker 1: more vulnerable to businesses not wanting to partner with him, right?
- 54:19Speaker 1: The more partisan and polarizing you are, the more uncomfortable
- 54:22Speaker 1: people are going to be to hang out, especially when
- 54:25Speaker 1: the winds shift. And the winds have shifted quite a bit.
- 54:29Speaker 1: I understand Musk looking at the situation and going, boy,
- 54:32Speaker 1: Everybody hates tech except Donald Trump, so I guess I
- 54:34Speaker 1: will support him. That's the way you become a supervillain.
- 54:42Speaker 1: It's not the way you figure out how to work
- 54:47Speaker 1: in tandem with government. And, you know, the guy wants
- 54:50Speaker 1: to get up in space. Democrats are going to have
- 54:54Speaker 1: a lot to say about the funding of those programs
- 54:56Speaker 1: as well. So it just feels like both a strategic
- 54:59Speaker 1: mistake by him. I think it's a the fact that
- 55:03Speaker 1: he already has an outsized influence on our media ecosystem
- 55:08Speaker 1: with what he does with X, and he does this,
- 55:11Speaker 1: this is, you know, he's accumulated, it's pretty clear, he's
- 55:14Speaker 1: accumulated way too much power. The question is, how do
- 55:17Speaker 1: you check it in a way that's small d democratic
- 55:21Speaker 1: and still protects his rights as well? And I think
- 55:24Speaker 1: that that's a little bit of a challenge, but there
- 55:27Speaker 1: are ownership rules. You know, he's, you know, if you're
- 55:29Speaker 1: going to be a donor of that size, if you're
- 55:30Speaker 1: going to be a government contractor, He's basically looking for government.
- 55:34Speaker 1: He's a massive government contractor when it comes to a
- 55:37Speaker 1: space program. So I don't see how his money is
- 55:41Speaker 1: anything other than a bribe, a direct bribe like this.
- 55:43Speaker 1: So whether it's government contractors being barred from giving money,
- 55:47Speaker 1: there's a lot of things that need to be done.
- 55:50Speaker 1: But this is one of those where I know I'm
- 55:53Speaker 1: going to sound to some like Bernie Sanders here, right?
- 55:55Speaker 1: The oligarchy. But I'm a Teddy Roosevelt guy. And it's
- 56:01Speaker 1: about concentrations of wealth and power. And capitalism doesn't work
- 56:06Speaker 1: with concentrations of wealth. And democracy doesn't work with concentration
- 56:10Speaker 1: of power. And Elon Musk is essentially anti-capitalist. He's anti-free market.
- 56:17Speaker 1: And it turns out he's anti-small d democratic. And it's troubling.
- 56:22Speaker 1: And there's no easy solution to this. He's like a
- 56:27Speaker 1: rogue actor. He's like a He's like one of these
- 56:30Speaker 1: AI agents that's escaped and you don't quite know what
- 56:33Speaker 1: to do because there's a lot of people afraid of
- 56:38Speaker 1: figuring out how to rein him in. But I think
- 56:41Speaker 1: this is a– I can tell you this. I don't
- 56:45Speaker 1: think voters are going to take kindly to the billionaires
- 56:48Speaker 1: trying to prop up political parties. And I do think
- 56:53Speaker 1: careful of the company you keep on this if you're
- 56:56Speaker 1: somebody running for office. All right. I'm going to sneak
- 56:58Speaker 1: in a break. And when we come back, my conversation
- 57:01Speaker 1: about return on investment when it comes to paying for college.
- 57:06Speaker 1: What are the best schools when you look at it
- 57:07Speaker 1: that way? Climbing up the economic ladder, the socioeconomic ladder.
- 57:11Speaker 1: What are the best schools? What are the best schools
- 57:12Speaker 1: in rural America? Well, my friend Paul Glastris has the answers.
- 57:16Speaker 1: That's next. Thank you. Well, joining me now, for some
- 57:28Speaker 1: of you, if you've got a college junior or, excuse me,
- 57:32Speaker 1: a high school junior or senior, you may be in
- 57:35Speaker 1: the middle of the anxiety, especially if you have a
- 57:39Speaker 1: high school senior. I am past this anxiety moment as
- 57:43Speaker 1: a parent, but some of you may still be in
- 57:46Speaker 1: it and trying to figure out how to navigate, you know,
- 57:50Speaker 1: what are the right schools and, you know, what are
- 57:52Speaker 1: good safety schools or what should be on the list and,
- 57:56Speaker 1: Why do none of these lists focus on cost? Well,
- 57:58Speaker 1: one of the better college ranking systems that are out
- 58:02Speaker 1: there that I think are more user-friendly comes from a
- 58:06Speaker 1: publication that I think is one of my favorites in Washington.
- 58:11Speaker 1: It may have Washington in the title, but the Washington
- 58:13Speaker 1: Monthly does a terrific job of trying to not get
- 58:19Speaker 1: caught in Washington, not get caught in Beltway drivel or
- 58:23Speaker 1: elite drivel. And the beauty of it and the college
- 58:27Speaker 1: rankings that they do, I think is actually a great
- 58:30Speaker 1: example of this. People might try to paint this periodical
- 58:37Speaker 1: or this publication, this journal in an ideology. What I
- 58:40Speaker 1: think the Washington Monthly is skeptical of elites. wherever the
- 58:45Speaker 1: elite or elitism exists. When it comes to colleges, we
- 58:51Speaker 1: know that US News Ranking seems to favor the elites
- 58:57Speaker 1: and favor Seems to let money do the talking. The
- 59:00Speaker 1: beauty of what the Washington Monthly does is it actually
- 59:03Speaker 1: looks at results. It looks at outcomes. It looks at
- 59:06Speaker 1: what did the student actually get. And I'm doing this again.
- 59:10Speaker 1: And my friend, the longtime editor of the Washington Monthly,
- 59:13Speaker 1: Paul Glastris, is here. Because we did this a year ago,
- 59:16Speaker 1: and we got a lot of feedback. I got just
- 59:19Speaker 1: simple thank yous. Like, I didn't know these ratings existed.
- 59:24Speaker 1: I'm so glad it expanded my kids' search for schools.
- 59:28Speaker 1: I now feel– Paul, it reminded me that you can't
- 59:34Speaker 1: ever stop marketing your work. Sometimes you guys have been
- 59:39Speaker 1: doing this a long time, and yet we got to
- 59:41Speaker 1: get more people aware that it belongs in this ecosystem. Well, thanks, Chuck.
- 59:47Speaker 2: It's been 21 years doing this particular ranking and the
- 59:52Speaker 2: methodology has changed a bit, but.
- 59:55Speaker 1: Only because we get new data.
- 59:58Speaker 2: And it is a kind of revelation to people because
- 1:00:02Speaker 2: they're so used to going to the U.S. news rankings
- 1:00:04Speaker 2: or the Wall Street Journal rankings or the Money Magazine
- 1:00:08Speaker 2: or whatever. And they look at the top 20, 30
- 1:00:12Speaker 2: schools and it's, oh, It's Harvard.
- 1:00:14Speaker 1: It's Yale. It's Penn. It's Stanford.
- 1:00:17Speaker 2: You know, throw in a University of Michigan or University
- 1:00:20Speaker 2: of Virginia, you know, kind of elite flagship state schools.
- 1:00:24Speaker 1: The public IDs, as they like to call themselves, right?
- 1:00:27Speaker 2: Yeah. And that becomes everybody's idea of what a great
- 1:00:30Speaker 2: college is. And not that those schools aren't great in
- 1:00:33Speaker 2: their own way. But look, if I told you if
- 1:00:38Speaker 2: you told me I want to go to out to
- 1:00:41Speaker 2: a dinner in my, you know, good dinner in my
- 1:00:44Speaker 2: town and you looked at the local media and the
- 1:00:47Speaker 2: top 30 restaurants were all located in member only country clubs,
- 1:00:53Speaker 2: you'd say, oh, yeah. Well, I guess it's possible that
- 1:00:57Speaker 2: the food there is superior. But what good is that
- 1:01:01Speaker 2: to me? I can't get into those places. That's US News.
- 1:01:05Speaker 2: That's the Wall Street Journal. 90%, 95% of people cannot.
- 1:01:10Speaker 1: Get in to these colleges. And so.
- 1:01:16Speaker 2: More than 70% of people go to college within 50
- 1:01:21Speaker 2: miles of where they grew up. that's college, right? And
- 1:01:26Speaker 2: our rankings are for the 90% of people who aren't
- 1:01:31Speaker 2: from wealthy backgrounds, because that's frankly who winds up disproportionately
- 1:01:37Speaker 2: getting into elite schools. But from people of median income
- 1:01:42Speaker 2: and below, that's kind of who we focus on.
- 1:01:45Speaker 1: Well, you added a new set of rankings this year
- 1:01:47Speaker 1: for rural universities, which I want to get into. But
- 1:01:51Speaker 1: But let's start with the basics here and start with
- 1:01:55Speaker 1: the criteria before we get into the schools. Sure, sure.
- 1:01:59Speaker 1: So to oversimplify, U.S.
- 1:02:01Speaker 2: News and the other rankings basically reward schools for being
- 1:02:06Speaker 2: wealthy prestigious and exclusive, wealthy and they spend a lot
- 1:02:12Speaker 2: of money on their students, prestigious in that they do
- 1:02:15Speaker 2: a survey and whatever other college presidents say is elite
- 1:02:20Speaker 2: is elite, sort of like, you know, electing the prom queen, right?
- 1:02:25Speaker 2: And then exclusive, how many, literally, how many students don't
- 1:02:29Speaker 2: they let in?
- 1:02:31Speaker 1: Right.
- 1:02:31Speaker 3: Yeah.
- 1:02:31Speaker 1: Rejection rate. Like it is stunning that that is such
- 1:02:34Speaker 1: an important metric. Yeah.
- 1:02:36Speaker 2: So we don't think that's a good measure of the
- 1:02:43Speaker 2: value of higher education to people who are paying tuition
- 1:02:47Speaker 2: dollars and also to the rest of us who might
- 1:02:50Speaker 2: not have kids in college, but are paying tax dollars.
- 1:02:53Speaker 2: You know, the average person spends the government spends about
- 1:02:57Speaker 2: seventeen hundred dollars of your money. Average person. on higher education.
- 1:03:04Speaker 2: So we have a stake in this thing. And so
- 1:03:07Speaker 2: we asked ourselves, what do students and taxpayers want from
- 1:03:13Speaker 2: their dollars? And we said, all right, they basically want
- 1:03:17Speaker 2: a college to be a place where somebody of modest
- 1:03:20Speaker 2: means can get a degree that doesn't cost too much,
- 1:03:24Speaker 2: doesn't load them down with too much debt, delivers a
- 1:03:27Speaker 2: degree that brings in a middle-class income or better. And
- 1:03:33Speaker 2: that also encourages students to be active, good citizens. Open
- 1:03:40Speaker 2: the founding document of just about any college in America,
- 1:03:45Speaker 2: and you're gonna find words to the effect of, the
- 1:03:47Speaker 2: purpose of this university is to prepare our young people
- 1:03:50Speaker 2: to enter their democracy and take their place and participate.
- 1:03:55Speaker 2: So we actually measure that stuff. We measure whether a
- 1:03:58Speaker 2: college has, you know, how many people, how many of
- 1:04:01Speaker 2: the students are on ROTC serving their country?
- 1:04:04Speaker 1: How many are the Peace Corps?
- 1:04:06Speaker 2: Whether the students are encouraged to vote, whether the university
- 1:04:12Speaker 2: trained students for socially beneficial, but somewhat underpaid professions like
- 1:04:18Speaker 2: social work. And when you do that, you just get
- 1:04:22Speaker 2: a very different top 30.
- 1:04:26Speaker 1: So as I said, U.S.
- 1:04:28Speaker 2: News, the top 20 or 30, they're all these elite schools.
- 1:04:32Speaker 2: About a little less than half on the Washington Monthly
- 1:04:35Speaker 2: Best Colleges for Your Tuition and Tax Dollar Ranking are
- 1:04:38Speaker 2: those elite schools. But most of them are schools that
- 1:04:42Speaker 2: I'm sure your audience has mostly never heard of.
- 1:04:46Speaker 1: Yeah.
- 1:04:47Speaker 2: The, you know, University of California State Fullerton, right?
- 1:04:52Speaker 1: Well, I'm a college baseball nut, and they used to
- 1:04:56Speaker 1: be a big power in college baseball. So I knew
- 1:04:58Speaker 1: Cal State Fullerton. But that whole system, yeah, yeah.
- 1:05:01Speaker 2: Yeah, no, and it's like Fresno State, right? Good football team,
- 1:05:06Speaker 2: but other, you know, unless you follow football.
- 1:05:08Speaker 1: What do you know?
- 1:05:09Speaker 4: Right.
- 1:05:09Speaker 2: But these are colleges that may not be nationally known,
- 1:05:14Speaker 2: but they're revered in their localities and regions and states
- 1:05:18Speaker 2: because they serve the local population.
- 1:05:19Speaker 1: They tend to be not very selective, right?
- 1:05:23Speaker 2: If you have a high school degree and a decent
- 1:05:25Speaker 2: transcript and okay scores or no scores at all, you
- 1:05:29Speaker 2: can probably get in. And the best of them deliver
- 1:05:36Speaker 2: excellent returns on their investment. And so, you know, the
- 1:05:41Speaker 2: number one college, I think we talked about this last year.
- 1:05:43Speaker 2: It's the same this year. Berea College in Berea, Kentucky,
- 1:05:48Speaker 2: a small, academically rigorous liberal arts college started by abolitionists
- 1:05:55Speaker 2: in the 1850s. First college south of the Mason-Dixon line
- 1:05:59Speaker 2: to educate both blacks and whites and one of the
- 1:06:02Speaker 2: first to educate women. And students there pay virtually no tuition.
- 1:06:07Speaker 2: They work all four years and they go on to
- 1:06:10Speaker 2: fabulous careers. And almost all of them are students of
- 1:06:16Speaker 2: modest means recruited from Appalachia. Again, most people never heard
- 1:06:21Speaker 2: of it. It's number one on our rankings.
- 1:06:24Speaker 1: Now, let's go back to them a little bit because
- 1:06:25Speaker 1: I remember it from last year. And how is it that,
- 1:06:33Speaker 1: I mean, how do they fund their university? How do
- 1:06:35Speaker 1: they fund the college?
- 1:06:36Speaker 2: So it's super interesting story. Part of it is, a
- 1:06:40Speaker 2: big part of it is for a hundred years, they
- 1:06:44Speaker 2: have been raising money from everywhere they can, but also
- 1:06:49Speaker 2: from their alumni, usually in small increments for an endowment
- 1:06:54Speaker 2: that is now worth, I think it's a billion dollars.
- 1:06:57Speaker 1: Wow, they have a billion dollar endowment. That's a pretty
- 1:06:59Speaker 1: impressive for a small university. That's a lot of money.
- 1:07:03Speaker 2: Secondly, they have this work model And there's actually a
- 1:07:08Speaker 2: federal program, a federal designation of a work school. There's
- 1:07:12Speaker 2: about a dozen or two around the country. And it's
- 1:07:17Speaker 2: like work study, but on steroids. All the students get
- 1:07:21Speaker 2: work study money. And freshman year, they're mopping floors. By
- 1:07:27Speaker 2: senior year, they're like helping in the data department. And
- 1:07:29Speaker 2: they're doing more sophisticated stuff. And a big chunk of
- 1:07:36Speaker 2: that goes to pay their tuition. And this is just,
- 1:07:45Speaker 2: it's a commitment they've made for decades and decades to
- 1:07:48Speaker 2: try to have close to zero tuition, certainly for their
- 1:07:51Speaker 2: poorest students.
- 1:07:54Speaker 1: And they make it work.
- 1:07:55Speaker 2: Look, the elite schools.
- 1:07:57Speaker 1: Do the same.
- 1:07:58Speaker 2: If you're a Harvard or a Yale, and you're sitting.
- 1:08:00Speaker 4: On a $ 50 billion or $ 150 billion endowment, and this
- 1:08:07Speaker 4: is something they've been doing more in recent years because
- 1:08:10Speaker 4: of pressure from.
- 1:08:11Speaker 1: Folks like us. Yes, from a lot of people. Right, exactly.
- 1:08:14Speaker 1: I think so.
- 1:08:15Speaker 2: They cover the tuition and, in many cases, room and
- 1:08:19Speaker 2: board for students from middle class and poor families. And
- 1:08:23Speaker 2: they define middle class these days by 200,000 a year.
- 1:08:25Speaker 2: So if you can get in, it's a great deal.
- 1:08:29Speaker 1: It's just that.
- 1:08:30Speaker 2: Almost nobody gets in and they educate a tiny, tiny
- 1:08:34Speaker 2: number of students.
- 1:08:36Speaker 1: Well, you know, it's interesting not to, you know, one
- 1:08:39Speaker 1: of the ways that the, you know, it's funny that
- 1:08:42Speaker 1: some of the upper middle class privates are struggling to
- 1:08:48Speaker 1: A little bit because of restrictions on foreign students. Yeah,
- 1:08:53Speaker 1: because that what this was how they were able to
- 1:08:57Speaker 1: give scholarship money to to. working class background, kids from
- 1:09:02Speaker 1: a working class background. Essentially, you get your full payers
- 1:09:06Speaker 1: from overseas and you're able to then essentially use that to...
- 1:09:11Speaker 1: And when you can't bring the full payers over from overseas,
- 1:09:15Speaker 1: the Trump administration put a... It is... It's been a really–
- 1:09:20Speaker 1: it's been kind of cutthroat between these upper middle class–
- 1:09:25Speaker 1: I'm quite familiar with them. I've got a kid at–
- 1:09:28Speaker 1: my daughter went to the University of Miami. I went
- 1:09:31Speaker 1: to GW. I know these institutions well and they're all
- 1:09:35Speaker 1: like competing for the same students and same money and
- 1:09:38Speaker 1: it's a real– I mean, this is a way where
- 1:09:41Speaker 1: the federal government has kind of had an impact on
- 1:09:44Speaker 1: which universities, on all sorts of student recruiting. Oh, yeah.
- 1:09:48Speaker 2: And in fact, a lot of the middle tier state schools, too,
- 1:09:54Speaker 2: the Portland states and the University of Missouri, and they
- 1:09:58Speaker 2: are able to subsidize the education of, you know, in-state
- 1:10:03Speaker 2: students with low tuition by charging full fare for foreign students.
- 1:10:08Speaker 2: And that can go too far, right? If it crowds
- 1:10:10Speaker 2: out opportunities for American students. But we're hitting what they
- 1:10:15Speaker 2: call a demographic cliff. There are fewer and fewer 18-year-olds
- 1:10:22Speaker 2: being minted from our high schools because of demography.
- 1:10:26Speaker 1: And now you have Trump.
- 1:10:27Speaker 2: Administration squeezing the visas so that the students can't get here.
- 1:10:32Speaker 2: And it's a double whammy. You know, if you think
- 1:10:35Speaker 2: about those foreign students, that's Trump talks about he wants
- 1:10:41Speaker 2: balances of payment. That's a balance of payment issue. That's
- 1:10:44Speaker 2: foreign money being invested in the United States, spent in
- 1:10:48Speaker 2: the United States.
- 1:10:49Speaker 1: That's a good thing.
- 1:10:50Speaker 2: And many of those students stick around and start companies
- 1:10:54Speaker 2: that employ the rest of us and pay taxes. So
- 1:10:57Speaker 2: it is really shooting yourself in the foot.
- 1:11:00Speaker 1: No, it really is. So what kind of impact has
- 1:11:04Speaker 1: that had on some of the schools in your list
- 1:11:06Speaker 1: this year? Is this made them more popular as we've
- 1:11:10Speaker 1: seen this squeeze? Or what's been happening with the demographic clip?
- 1:11:14Speaker 1: And are some of these schools going to get squeezed
- 1:11:16Speaker 1: out financially completely because they don't have enough students?
- 1:11:20Speaker 2: Unquestionably, unquestionably. The schools that are really hurting are private, small, private, nonprofit, non-elite,
- 1:11:32Speaker 2: non-selective schools in out-of-the-way places in small towns in New
- 1:11:39Speaker 2: England and the Midwest, and some.
- 1:11:42Speaker 1: Of the.
- 1:11:44Speaker 2: Regional public universities in places that are less, you know,
- 1:11:49Speaker 2: more sparsely populated and are losing, you know, Emporia University
- 1:11:54Speaker 2: in Kansas, fantastic school, but, you know, the They're not
- 1:11:59Speaker 2: getting help from the state like they used to. They've
- 1:12:03Speaker 2: had to cut classes.
- 1:12:04Speaker 1: They've had to cut faculty.
- 1:12:08Speaker 2: They do a fabulous job, but they're being squeezed. And
- 1:12:14Speaker 2: these are universities that are providing upward mobility to people
- 1:12:22Speaker 2: who most desperately want and need it and don't have
- 1:12:25Speaker 2: any other source of it. Because if you're living in
- 1:12:28Speaker 2: a rural area, it's not like, oh, the college closed.
- 1:12:31Speaker 2: I'll just go to the college next door. The next
- 1:12:34Speaker 2: college is 200 miles away. That's it for you. You're
- 1:12:36Speaker 2: done with higher education for your life. And that town
- 1:12:41Speaker 2: has suddenly lost, if you lose a college, a load-bearing
- 1:12:47Speaker 2: pillar of its economy and civic life.
- 1:12:50Speaker 1: You've been around.
- 1:12:51Speaker 2: You've seen these small colleges or regional colleges. You're describing
- 1:12:56Speaker 2: the voucher fight in Texas at the moment where rural,
- 1:13:01Speaker 2: very conservative rural voters are angry at the Republican governor.
- 1:13:07Speaker 2: because what school choice exists in some.
- 1:13:10Speaker 1: Of, you know, you just described it on a rural
- 1:13:12Speaker 1: university front, but this is, you know, this is true. You, okay,
- 1:13:19Speaker 1: you've given me a voucher for school choice and now
- 1:13:22Speaker 1: you're cutting my funding. So basically the choice is homeschool.
- 1:13:24Speaker 1: Is that what you're telling me I have to do? Yeah, no.
- 1:13:29Speaker 2: And so this year for the first time, We rolled
- 1:13:36Speaker 2: out a new ranking. It's called Best Colleges for Rural America.
- 1:13:39Speaker 1: And I'm so glad you did this because maybe this
- 1:13:42Speaker 1: will put a neon sign to certain politicians who claim
- 1:13:49Speaker 1: rural America is being overlooked. And yet they yank all
- 1:13:52Speaker 1: this funding that benefits rural America. Absolutely.
- 1:13:56Speaker 2: Absolutely. What we did is we looked at, you know,
- 1:14:00Speaker 2: there is no other ranking of rural America, colleges from
- 1:14:04Speaker 2: rural America.
- 1:14:05Speaker 1: Go to U.S. News, you won't find it.
- 1:14:07Speaker 2: If you go online and you type best rural colleges,
- 1:14:10Speaker 2: you'll get a list of 20 colleges from some skeevy website,
- 1:14:14Speaker 2: and it's Dartmouth.
- 1:14:25Speaker 1: Dartmouth is in a, I guess they're rural.
- 1:14:27Speaker 4: Yeah.
- 1:14:27Speaker 1: They're in a.
- 1:14:28Speaker 2: Bucolic small town, but they don't, you know, serve rural people.
- 1:14:33Speaker 2: They serve upper middle-class students from metro areas around the world.
- 1:14:37Speaker 4: Yeah.
- 1:14:37Speaker 1: Like my buddy, Jake Tapper. There you go. Mr. Philadelphia, Mr.
- 1:14:40Speaker 2: Dartmouth.
- 1:14:41Speaker 1: That's all right. Exactly.
- 1:14:42Speaker 2: And so, and so we've got a, I think a
- 1:14:47Speaker 2: very good database on where colleges are located and And
- 1:14:53Speaker 2: we match that with a database with our own rankings
- 1:14:57Speaker 2: criteria and another database that shows where students wind up
- 1:15:03Speaker 2: after they graduate. Because what rural communities need and want
- 1:15:09Speaker 2: is for their young people. And by the way, adults
- 1:15:13Speaker 2: need increasingly need to go back to college. They want
- 1:15:18Speaker 2: a college that is nearby where they can get the
- 1:15:24Speaker 2: training they need to earn a middle class or better
- 1:15:26Speaker 2: income without having to go 500 miles away and pay
- 1:15:30Speaker 2: for room and board and be away from their family
- 1:15:32Speaker 2: and friends. And so that if they don't want to
- 1:15:36Speaker 2: move away, if they want to stay and build their
- 1:15:38Speaker 2: lives near their families and friends, they can do it.
- 1:15:41Speaker 2: That is- What America did more so and earlier than
- 1:15:48Speaker 2: Europe is disperse institutions of higher education geographically such that
- 1:15:56Speaker 2: not everyone, but almost everyone in the country is a
- 1:16:00Speaker 2: short drive away from a college.
- 1:16:03Speaker 1: Yeah, I believe it's the Ohio governor, is it Jim
- 1:16:06Speaker 1: Rhodes who said, or sort of the governor who's sort
- 1:16:11Speaker 1: of green-lit, Because Ohio's got a lot of these small universities.
- 1:16:16Speaker 1: There's actually a big debate, right? The Republican nominee, Ramaswamy,
- 1:16:21Speaker 1: is frankly, among the issues he's dealing with, is he
- 1:16:26Speaker 1: just said, oh, we should consolidate these things. And it
- 1:16:29Speaker 1: was just antithetical to the history in Ohio. And I
- 1:16:33Speaker 1: believe he said he didn't want anybody to have to
- 1:16:35Speaker 1: drive more than 30 miles to get to a college.
- 1:16:38Speaker 1: I think that was Rhodes. If I have it wrong,
- 1:16:40Speaker 1: I'll be corrected.
- 1:16:41Speaker 2: I know that. In many parts of the country, that's
- 1:16:43Speaker 2: the case. That is how we built our greatness. We
- 1:16:48Speaker 2: provided colleges that are geographically near where people live and
- 1:16:54Speaker 2: that average people can afford to go.
- 1:16:57Speaker 1: Now, we're turning our backs on that.
- 1:17:00Speaker 2: We've let the cost of college double. people can't afford
- 1:17:04Speaker 2: it or they think they can't afford it. And now
- 1:17:08Speaker 2: we're under-investing in the colleges in the areas where the
- 1:17:12Speaker 2: people need it the most. So that's what our rankings show.
- 1:17:17Speaker 2: And we have the number, let me tell you about
- 1:17:20Speaker 2: the number one school in our best colleges for rural America.
- 1:17:23Speaker 2: I'll bet you've never heard of it. I certainly had
- 1:17:25Speaker 2: until it popped up on the top. University of West Alabama.
- 1:17:30Speaker 1: No, and I knew South Alabama. I got a nephew
- 1:17:33Speaker 1: that went there. I knew actually North Alabama because I
- 1:17:37Speaker 1: think Florida State had to play them in football. I mean,
- 1:17:40Speaker 1: I didn't know there was a West Alabama. There's a
- 1:17:41Speaker 1: West Alabama.
- 1:17:42Speaker 2: It's in a small town. It's in the Black Belt.
- 1:17:46Speaker 2: And the average income of a graduate of University of
- 1:17:56Speaker 2: West Alabama four years after they graduate is $ 26, 000 more
- 1:18:02Speaker 2: than they would have gotten had they gone to a
- 1:18:04Speaker 2: typical college given their demographics. That's return on investment. That's
- 1:18:09Speaker 2: upward mobility. And how do they do it? They are
- 1:18:12Speaker 2: a first-rate teaching college. And we think of rural America,
- 1:18:18Speaker 2: rightly so, as having lost jobs and hospitals and businesses
- 1:18:22Speaker 2: and population. All that's true, generally, not all places. But
- 1:18:28Speaker 2: there are still a lot of jobs that aren't being
- 1:18:31Speaker 2: filled in rural America. They struggle to get teachers, doctors, engineers,
- 1:18:37Speaker 2: people with national resource backgrounds, agriculture. So our ranking literally
- 1:18:46Speaker 2: measures that. They give colleges extra points for for that.
- 1:18:51Speaker 2: A job as a teacher in a growing, wealthy metro
- 1:18:56Speaker 2: area isn't considered a high-paying job. In a small town,
- 1:18:59Speaker 2: it's a pretty good job. And they partner with the
- 1:19:04Speaker 2: local school districts to put the students in the school
- 1:19:08Speaker 2: so they get the training. And different of the colleges
- 1:19:10Speaker 2: that do well in our rankings do that. And so
- 1:19:13Speaker 2: they're very good about knowing what their regions need economically.
- 1:19:19Speaker 1: And is that is, you know, it's interesting. I'm looking
- 1:19:21Speaker 1: at your top 20 skews South Southern. Certainly skews Sunbelt
- 1:19:29Speaker 1: if you throw in your Oklahoma and Texas. Is that
- 1:19:36Speaker 1: because the New England rural or the Mid-Atlantic rural is
- 1:19:41Speaker 1: less existent or, frankly, too costly? Good question.
- 1:19:48Speaker 2: There's a little bit of a trick that we couldn't
- 1:19:50Speaker 2: quite figure out a way around.
- 1:19:52Speaker 4: Hmm.
- 1:19:54Speaker 2: We measure whether students stay in state. But if you're
- 1:19:56Speaker 2: in a small state like Rhode Island, your chances of
- 1:19:59Speaker 2: leaving the state are greater.
- 1:20:01Speaker 1: Sure. So they kind of get- You could take a
- 1:20:03Speaker 1: left turn and you leave the state, right? Instead of
- 1:20:05Speaker 1: a right turn.
- 1:20:08Speaker 2: But let me give you another example.
- 1:20:11Speaker 1: I guess you could probably do 100 mile radius. Did
- 1:20:14Speaker 1: you guys think, I mean, what were the different, you know,
- 1:20:16Speaker 1: rather than doing state lines? The best we could do
- 1:20:19Speaker 1: is in state or out of state. And we got
- 1:20:21Speaker 1: our numbers from a great group called the- Well, I
- 1:20:26Speaker 1: forget what they're from. Michigan State Organization. Oh, it's my
- 1:20:29Speaker 1: I bet you it's with the American communities. I wonder
- 1:20:32Speaker 1: if it's the.
- 1:20:35Speaker 2: It's going to come to me. But the best we
- 1:20:36Speaker 2: could do is in state or out of state. But
- 1:20:40Speaker 2: I'll give you another example of one of these schools
- 1:20:42Speaker 2: in my home state of Missouri. What used to be
- 1:20:45Speaker 2: called the University of Missouri Rolla, our engineering school. It's
- 1:20:48Speaker 2: now Missouri University of Science and Technology. It's in the
- 1:20:53Speaker 2: town of Rolla between St. Louis and Springfield on.
- 1:20:57Speaker 1: My cousin's wife grew up in Rolla. I know a
- 1:21:00Speaker 1: little bit about Rolla. Rolla, yeah.
- 1:21:02Speaker 2: And it's not a place that a lot of us
- 1:21:05Speaker 2: wanted to go spend our four years. It's really quite-
- 1:21:08Speaker 2: not a lot going on there, but it is the
- 1:21:11Speaker 2: kind of engineering school. It's probably 50, 60% engineers, but
- 1:21:15Speaker 2: mostly STEM oriented where you don't need to be a
- 1:21:21Speaker 2: math prodigy to get in. You need good, good math scores,
- 1:21:27Speaker 2: but you don't need Carnegie Mellon math scores. And yet
- 1:21:31Speaker 2: when you four years out of college, University of Missouri
- 1:21:35Speaker 2: science and tech students make more than Carnegie students. And
- 1:21:42Speaker 2: a lot of them are living in Missouri and they're
- 1:21:44Speaker 2: living in small towns because you know, small towns and
- 1:21:48Speaker 2: small cities, they need civil engineers. They need chemical engineers.
- 1:21:54Speaker 2: And so, you know, I had a very good friend
- 1:21:57Speaker 2: growing up who was smart enough, but not a very
- 1:22:00Speaker 2: good student, not focused. He'd like to go fishing and,
- 1:22:04Speaker 2: you know, run around, chase the girls. But he got
- 1:22:07Speaker 2: into what we called Rolla back then, now Missouri, and
- 1:22:10Speaker 2: he still lives there with his family, loves it, and
- 1:22:13Speaker 2: go fishing. canoe on the beautiful rivers down there and
- 1:22:17Speaker 2: have a great life. So these are these jewels of
- 1:22:21Speaker 2: universities that people don't know about. And let me tell you, Chuck,
- 1:22:26Speaker 2: we have in this country, as you know, a lot
- 1:22:30Speaker 2: of politics around higher ed. It really is the thing,
- 1:22:35Speaker 2: if you think about it, that is almost at the
- 1:22:37Speaker 2: center of political division in this country.
- 1:22:41Speaker 1: And it didn't used to be that way.
- 1:22:42Speaker 2: 10, 15 years ago, nobody really talked about higher education
- 1:22:48Speaker 2: as a wedge issue.
- 1:22:49Speaker 1: No, it was just, it was an aspiration.
- 1:22:52Speaker 2: An aspiration in both sides. The average person didn't know
- 1:22:55Speaker 2: what a Republican view of higher ed was or a
- 1:22:58Speaker 2: Democratic view. And that's changed for reasons, you know, you
- 1:23:01Speaker 2: and your audience probably know, right? The Republicans now disproportionately
- 1:23:06Speaker 2: represent the non-college educated and vice versa with the But
- 1:23:10Speaker 2: this best ranking for the best colleges for rural America
- 1:23:15Speaker 2: has really hit a positive nerve with conservatives. I was
- 1:23:22Speaker 2: on Steve Bannon's competing podcast.
- 1:23:26Speaker 1: The other day. I love it. So he highlighted that. Well, look,
- 1:23:29Speaker 1: you know, Bannon puts his money where his mouth is
- 1:23:32Speaker 1: on this anti-elitism stuff. He really does.
- 1:23:34Speaker 2: He does. But the Daily Caller wrote a wonderful story
- 1:23:37Speaker 2: about it. I think when you put this lens on
- 1:23:41Speaker 2: higher education and you're talking about schools that serve red America,
- 1:23:46Speaker 2: you suddenly bring both sides together.
- 1:23:48Speaker 1: Well, Paul, this is the, you know, it's always said,
- 1:23:51Speaker 1: it's like, look, you know, when I want to say
- 1:23:53Speaker 1: to my liberal friends sometimes on this, you know, when
- 1:23:55Speaker 1: the right's upset about bias, right? It's this bias that
- 1:24:00Speaker 1: they're actually talking about, which is it's the bias of not–
- 1:24:06Speaker 1: it's the bias of almost ignoring a part of the culture, right?
- 1:24:10Speaker 1: You're not thinking about how rural Americans live or you're
- 1:24:13Speaker 1: not thinking of– I always say there's sort of an
- 1:24:17Speaker 1: anti-religious bias sometimes in the Acela corridor. Not that it's
- 1:24:20Speaker 1: people are– it's more of Out of sight, out of mind,
- 1:24:24Speaker 1: don't care, don't know. Exactly. And, you know, I remember
- 1:24:28Speaker 1: running into this sort of culture clash where if you're
- 1:24:31Speaker 1: not familiar with how people live their lives in the
- 1:24:34Speaker 1: rural South, then you don't know that Wednesday's church night. Yeah.
- 1:24:38Speaker 1: But if you live in New York City, you're like,
- 1:24:39Speaker 1: what the hell is that? Why do they go to
- 1:24:40Speaker 1: church all the time? Well, Maybe the church is also
- 1:24:44Speaker 1: the community center. Maybe that's the potluck dinner night. Maybe that's,
- 1:24:46Speaker 1: you know, it's, it's, and it's just sort of, right.
- 1:24:50Speaker 1: And this is one of those for a lot of
- 1:24:54Speaker 1: people when they, when they talk about bias, they simply
- 1:24:56Speaker 1: want to be heard and seen.
- 1:24:58Speaker 2: Yeah.
- 1:24:58Speaker 1: And this is what this to me, you're just simply saying,
- 1:25:02Speaker 1: these universities exist here too, you know, and they're pretty good.
- 1:25:05Speaker 2: Yes, and they're providing value to their students, to their communities,
- 1:25:09Speaker 2: and to the taxpayers. You know, we did 15 minutes
- 1:25:12Speaker 2: worth of reporting at the Washington Monthly a while ago.
- 1:25:15Speaker 2: We asked Google, how many stories in the New York,
- 1:25:20Speaker 2: non-sports related stories in the New York Times were there
- 1:25:25Speaker 2: about Harvard in a 12 month period? And compare that
- 1:25:30Speaker 2: to non-sports related stories over a 12-month period in the
- 1:25:34Speaker 2: New York Times about the 10 largest universities in the country.
- 1:25:40Speaker 2: There were more stories about Harvard than the 10 largest
- 1:25:44Speaker 2: universities combined. That's how off-kilter the national media is. You
- 1:25:53Speaker 2: can't sell a story to the New York Times about
- 1:25:57Speaker 2: the University of West Alabama, but you can write about
- 1:26:00Speaker 2: Harvard all day long, positive or negative. Look, Harvard deserves
- 1:26:05Speaker 2: a lot of attention. It is a very important institution.
- 1:26:09Speaker 2: Hats off to it. A hundred ways, I think Harvard's terrific,
- 1:26:13Speaker 2: but it doesn't deserve more focus than the entire other
- 1:26:17Speaker 2: part of the university system that is where 90% of
- 1:26:25Speaker 2: us get our educations.
- 1:26:30Speaker 1: So you've been doing this a while now and you've
- 1:26:32Speaker 1: been trying to make it outcome focused, right? I feel
- 1:26:36Speaker 1: like it's sort of like, are you getting what you
- 1:26:39Speaker 1: asked for there? So now you're stepping back. Give some
- 1:26:44Speaker 1: advice for our policy makers about, okay, you know, I...
- 1:26:51Speaker 1: You know, one of the things that frustrates me is
- 1:26:52Speaker 1: our public education system. We no longer want to fix it.
- 1:26:56Speaker 1: We just continue to want to gut it in different ways.
- 1:26:59Speaker 1: Even as we claim we're trying, you know, yes, I
- 1:27:01Speaker 1: think we're trying to empower parents and in theory I'm
- 1:27:05Speaker 1: for that, but we're doing it at the expense of everybody. Absolutely.
- 1:27:10Speaker 1: And I don't know how much, you know, is there
- 1:27:13Speaker 1: an argument to be made if we had a more,
- 1:27:16Speaker 1: if we knew we had a more reliable higher education system, system.
- 1:27:23Speaker 1: Would that settle down these arguments more? I don't know.
- 1:27:27Speaker 1: But it is, give some advice at how you would
- 1:27:30Speaker 1: sort of, what should the states roll? When I say
- 1:27:34Speaker 1: the state, could be the feds, could be the states.
- 1:27:37Speaker 1: When it comes to higher ed, that makes a lot
- 1:27:40Speaker 1: of sense here. And what have you learned over these
- 1:27:42Speaker 1: last 20 years?
- 1:27:43Speaker 2: I am so glad you asked. Because in this issue
- 1:27:46Speaker 2: of the Washington Monthly, our September, October college issues, We
- 1:27:51Speaker 2: have an essay by my friend, Kevin Carey at New America.
- 1:27:54Speaker 2: It's called a radically simple plan to fix higher education.
- 1:27:58Speaker 1: And I mean, simple, it's simple.
- 1:28:01Speaker 2: And I think it addresses precisely what you asked. The
- 1:28:06Speaker 2: basic plan would have the federal government go to colleges
- 1:28:09Speaker 2: on a voluntary basis. No college would be forced to
- 1:28:12Speaker 2: take this deal.
- 1:28:13Speaker 1: And here's the deal.
- 1:28:16Speaker 2: We're gonna provide a subsidy of let's say $ 10, 000, which
- 1:28:24Speaker 2: is about the average cost of educating the average student
- 1:28:29Speaker 2: at the average university in America today. And so we're
- 1:28:34Speaker 2: going to give you $ 10, 000 for every student you enroll.
- 1:28:38Speaker 2: In return, you're going to not charge that student any
- 1:28:42Speaker 2: tuition if they are below the median income and modestly
- 1:28:48Speaker 2: higher tuition, but up to a cap if they're more affluent,
- 1:28:53Speaker 2: number one. Number two, you're going to accept credits That
- 1:28:58Speaker 2: student can bring credits from any other college in the system,
- 1:29:01Speaker 2: and you're going to accept them. You're not going to
- 1:29:02Speaker 2: give them a hard time because students lose a lot
- 1:29:05Speaker 2: of money and time because the credits.
- 1:29:08Speaker 1: It doesn't quite match. Our math department doesn't like their
- 1:29:12Speaker 1: math department.
- 1:29:13Speaker 2: Yeah, it's one of the great scams in higher ed.
- 1:29:16Speaker 2: And number three, you're going to be part of a
- 1:29:19Speaker 2: nationwide research effort to improve teaching at the college level.
- 1:29:27Speaker 2: If you did those things, and that's it. You can
- 1:29:30Speaker 2: stay owned by the state, owned by a private entity.
- 1:29:35Speaker 2: It could be not for for-profits, but any other kind
- 1:29:37Speaker 2: of college, big, small. What you would have at the
- 1:29:41Speaker 2: end of that is, if enough colleges signed on to
- 1:29:44Speaker 2: the deal, a network of basically low-priced to free colleges
- 1:29:50Speaker 2: all over the country that are of higher quality. And
- 1:29:55Speaker 2: who's going to take that deal? It's not going to
- 1:29:56Speaker 2: be Harvard. It's not going to be Michigan, right? They
- 1:30:00Speaker 2: can get $ 50, 000, $ 60, 000, $ 70, 000 a year from their wealthy students,
- 1:30:06Speaker 2: families and foreign students. And they don't need the money.
- 1:30:11Speaker 2: So the elite schools just won't be part of this.
- 1:30:14Speaker 2: But for a lot of these students, these universities and
- 1:30:17Speaker 2: colleges that, as we talked about, they're on the margins, right?
- 1:30:21Speaker 2: Their business models are being undermined. They're providing fantastic educations
- 1:30:27Speaker 2: or trying to, but their business models. This is a business,
- 1:30:30Speaker 2: this is a way to keep the doors open, provide
- 1:30:33Speaker 2: for their communities, provide for the students and have higher
- 1:30:37Speaker 2: quality outcome. I think it's a win-win-win and I don't
- 1:30:40Speaker 2: see why both parties wouldn't support it.
- 1:30:43Speaker 1: Well, and you could see because of the geographic benefits, frankly.
- 1:30:48Speaker 2: Right, as you pointed out, a lot of these colleges
- 1:30:51Speaker 2: are in the South. A lot of these colleges are
- 1:30:53Speaker 2: in the West. Yeah.
- 1:31:01Speaker 1: What would you anticipate as the impediment to that?
- 1:31:05Speaker 2: I can't think of a reasonably good reason. I can
- 1:31:09Speaker 2: think of all kinds of arguments people would throw up.
- 1:31:14Speaker 2: to block it, but I think cost would be an argument.
- 1:31:20Speaker 2: This is going to cost hundreds of billions of dollars.
- 1:31:23Speaker 2: I don't think it will, and let me tell you why.
- 1:31:26Speaker 2: Right now, we've got, what, about a trillion dollars in
- 1:31:29Speaker 2: student debt that.
- 1:31:29Speaker 1: The government backs.
- 1:31:31Speaker 2: And a whole lot of that we're going to eat
- 1:31:33Speaker 2: because students are going to colleges, borrowing too much, not graduating,
- 1:31:38Speaker 2: not able to service their loans.
- 1:31:40Speaker 1: So this is shifting that cost then. Yeah, that cost.
- 1:31:44Speaker 1: We might be saying this is not new money. It's
- 1:31:48Speaker 1: just radically changing the financial aid relationship between the federal government.
- 1:31:53Speaker 1: So would you get rid of Pell Grants? No, you've
- 1:31:55Speaker 1: got to keep Pell Grants. And here's why.
- 1:31:56Speaker 2: Pell Grants used to cover 80% of your student costs.
- 1:32:01Speaker 2: Now it's like 20% or 30%. And most students who
- 1:32:05Speaker 2: are from modest backgrounds, it's not just the tuition that's
- 1:32:09Speaker 2: killing them.
- 1:32:10Speaker 1: It's the books. It's the room and board.
- 1:32:13Speaker 2: So you keep the Pell Grants, but that provides for
- 1:32:17Speaker 2: the room and board, and for the books, and for
- 1:32:19Speaker 2: the transportation.
- 1:32:20Speaker 1: Gotcha. You know, this....
- 1:32:24Speaker 2: It is hard to get an education. Four years of
- 1:32:27Speaker 2: school is hard work. You're breaking rocks. The, the thing
- 1:32:32Speaker 2: we should be trying to do is not make it harder.
- 1:32:36Speaker 1: Right.
- 1:32:36Speaker 2: Students have to work hard to get their grades to graduate.
- 1:32:40Speaker 2: Not everybody can do it, but we can make it easier. We,
- 1:32:44Speaker 2: you know, the students who drop out, they tend to
- 1:32:46Speaker 2: be students. They've got kids at home. They've got jobs.
- 1:32:49Speaker 2: They've got parents are taken care of and they, they,
- 1:32:52Speaker 2: It takes them too many years and things go wrong
- 1:32:55Speaker 2: and they just can't make it. So we can get more.
- 1:32:58Speaker 1: As I always say, life happens. That's usually what happens
- 1:33:02Speaker 1: is that life happens and colleges usually haven't been able
- 1:33:07Speaker 1: to adapt to that very well.
- 1:33:09Speaker 2: And if you get a BA degree in this country,
- 1:33:11Speaker 2: on average, you're earning 75% more than somebody with a
- 1:33:15Speaker 2: high school degree. And that number has been very stable
- 1:33:18Speaker 2: for a lot of years and maybe going up a
- 1:33:20Speaker 2: little bit. So when you hear, oh, we need fewer
- 1:33:23Speaker 2: people going to college, people who say that want their
- 1:33:26Speaker 2: kids to get a BA. So even with AI, we
- 1:33:32Speaker 2: now have a couple of years of experience with it.
- 1:33:36Speaker 1: I mean, it's very hard to know what AI is
- 1:33:40Speaker 1: going to do.
- 1:33:40Speaker 2: But so far, I'm not seeing the evidence that people
- 1:33:45Speaker 2: with BAs are going to be wiped out by AI.
- 1:33:58Speaker 1: You know, it's interesting. The president at SMU, my son
- 1:34:03Speaker 1: goes to SMU right now. He's a sophomore. Hartzell's his name.
- 1:34:08Speaker 1: He was at UT Austin. And look, I'm not going
- 1:34:12Speaker 1: to speak for him, but I think it was the
- 1:34:13Speaker 1: politics of being the president of the highest profile public
- 1:34:20Speaker 1: institution in the very hot potato politics of Texas, right?
- 1:34:26Speaker 1: That he wanted to go to a go to a
- 1:34:29Speaker 1: private university, right? Especially when you're in the state's capital,
- 1:34:33Speaker 1: those politicians can come to your office and you had
- 1:34:35Speaker 1: to do it. His theory of how AI, what he's
- 1:34:39Speaker 1: betting on, and I'm curious if you saw any of this,
- 1:34:42Speaker 1: if you've seen any of this in any of your
- 1:34:44Speaker 1: other research, is that he's trying to beef up classical
- 1:34:48Speaker 1: education departments. His theory of the case is, okay, if
- 1:34:56Speaker 1: all of our technical you know, the tech that the, frankly,
- 1:35:00Speaker 1: the STEM degrees might not be as valuable as the
- 1:35:04Speaker 1: classical education degree, humanities degrees. Is that, are you seeing
- 1:35:08Speaker 1: any trend like that beyond what I just spoke to
- 1:35:11Speaker 1: you about?
- 1:35:12Speaker 2: Again, I'm going to be very humble here and say
- 1:35:15Speaker 2: none of us really know. This is new territory. But
- 1:35:20Speaker 2: I don't know if you know the fellow Paul LeBlanc.
- 1:35:24Speaker 2: Paul was the president of Southern New Hampshire University He
- 1:35:28Speaker 2: took a sleepy regional public university and turned it into
- 1:35:31Speaker 2: the biggest college in America.
- 1:35:33Speaker 1: Online powerhouse.
- 1:35:35Speaker 2: So he's a technologically adept, innovative college president who left
- 1:35:43Speaker 2: and spent the last two, three years thinking about and
- 1:35:45Speaker 2: researching how– AI will affect jobs and universities. He's got
- 1:35:52Speaker 2: a book that just came out and an essay in
- 1:35:54Speaker 2: this issue of the Washington Monthly called How to Pick
- 1:35:57Speaker 2: a College in the Age of AI.
- 1:35:59Speaker 1: Interesting.
- 1:36:00Speaker 2: And Paul says exactly what you say. Among the many
- 1:36:05Speaker 2: good pieces of advice he offers students is that, and universities.
- 1:36:12Speaker 1: Is.
- 1:36:14Speaker 2: Asking the most bold, and profound questions and being able
- 1:36:20Speaker 2: to be fluid in a variety of disciplines from literature,
- 1:36:27Speaker 2: to math, to science, to social science, to history, to geography,
- 1:36:32Speaker 2: that capacity to move through disciplines and pull information and
- 1:36:38Speaker 2: communicate and think through not just problems, but matters of
- 1:36:45Speaker 2: ethics and values and philosophy, that those are the people
- 1:36:50Speaker 2: who will be the masters of AI and not mastered
- 1:36:55Speaker 2: by AI.
- 1:36:57Speaker 3: Right.
- 1:36:57Speaker 1: I mean, it's really trying to help people. You don't
- 1:37:02Speaker 1: want AI to teach you. You want to use AI
- 1:37:04Speaker 1: as a tool. And you have to learn the larger
- 1:37:11Speaker 1: instruction manual to the human species, frankly, and how we
- 1:37:15Speaker 1: interact and how we colonize and how we settle disputes
- 1:37:19Speaker 1: and how we settled disputes 10,000 years ago, how we
- 1:37:22Speaker 1: settle disputes now. You have to understand that. And then-
- 1:37:27Speaker 1: AI only enhances your ability to find better examples, make
- 1:37:32Speaker 1: better arguments, all of those things. Correct.
- 1:37:34Speaker 2: And it is a bit of a misunderstanding that humanities degrees,
- 1:37:42Speaker 2: arts and sciences degrees, pay poorly.
- 1:37:45Speaker 1: We just spent a generation convincing those that wanted to
- 1:37:49Speaker 1: go to higher education, don't do that.
- 1:37:51Speaker 2: Yeah. And it's just not true. Humanities majors start out
- 1:37:56Speaker 2: at pretty low levels. 20 years in, they're earning pretty
- 1:38:02Speaker 2: decent wages and their wages keep going up. Whereas, you know,
- 1:38:05Speaker 2: STEM degrees, they start high and then they kind of
- 1:38:09Speaker 2: flatten out.
- 1:38:10Speaker 1: So over a lifetime, you make more money. You become
- 1:38:13Speaker 1: technologically obsolete. Exactly. Exactly.
- 1:38:17Speaker 2: So yeah, humanities majors, arts and sciences majors have an
- 1:38:22Speaker 2: ability to learn, to adapt, to communicate, to think creatively that,
- 1:38:27Speaker 2: you know, according to Paul Lewis, and many, many others,
- 1:38:33Speaker 2: is the path forward. And universities are going to, your
- 1:38:38Speaker 2: son's college president is right to say, bring back classical learning,
- 1:38:42Speaker 2: bring back, you know, study the Greeks and Romans, because
- 1:38:47Speaker 2: through that, you see it, you see all of life.
- 1:38:51Speaker 1: So let's go to the main rankings that you do,
- 1:38:56Speaker 1: because it's always fun that you have Yale at number 20, right?
- 1:39:01Speaker 1: And you have UT Rio Grande Valley number four. How
- 1:39:05Speaker 1: does that happen? Explain why in your rankings, UT Rio
- 1:39:08Speaker 1: Grande Valley. And in some ways, I think we've been
- 1:39:12Speaker 1: talking about these nice regional and rural universities. Why that?
- 1:39:17Speaker 1: What do they do?
- 1:39:19Speaker 2: So UT Rio Grande Valley. is a relatively new university.
- 1:39:24Speaker 2: The state pulled together three different colleges in the Rio
- 1:39:28Speaker 2: Grande Valley. These statistics are not exactly right, but I
- 1:39:35Speaker 2: think something like 90% of the students are Hispanic.
- 1:39:43Speaker 1: Two thirds of.
- 1:39:44Speaker 2: Them are the first in their families to attend college.
- 1:39:49Speaker 2: The tuition is not expensive. It's under $ 6, 000 a year.
- 1:39:53Speaker 2: The students earn annual incomes of $ 54, 000 a year, which
- 1:40:02Speaker 2: is $ 1, 300 more than they would have earned considering their
- 1:40:06Speaker 2: backgrounds had they gone to a typical other college. That
- 1:40:09Speaker 2: is real value. Now, you go to Yale, you graduate Yale,
- 1:40:14Speaker 2: you're going to earn a lot more. But Yale... educates
- 1:40:19Speaker 2: a tiny fraction of what UT Rio Grande Valley does.
- 1:40:25Speaker 2: And maybe 10% of its students are the first to
- 1:40:31Speaker 2: go to college and from lower middle-class backgrounds. So Yale
- 1:40:35Speaker 2: does wealth, does a great job for the students it
- 1:40:38Speaker 2: lets in who are of modest means. It just doesn't
- 1:40:42Speaker 2: let many of them in.
- 1:40:45Speaker 1: What is the highest ranked elite university? Is it Brown
- 1:40:49Speaker 1: or what did you have as the highest ranked of
- 1:40:51Speaker 1: the so-called elites that people would accept as elites?
- 1:40:56Speaker 2: Well, I think MIT is at number five.
- 1:41:00Speaker 1: No, Duke. Duke is number two. Duke does well.
- 1:41:04Speaker 2: But look, the difference between number five and number two
- 1:41:08Speaker 2: is pretty marginal. But give these colleges, these elite colleges,
- 1:41:17Speaker 2: Harvard's number six, Princeton's number seven, University of Chicago's number eight,
- 1:41:22Speaker 2: but number three is California State University, Northridge, right? And nine, 10,
- 1:41:28Speaker 2: and 11 are California state schools, right? And Western governors.
- 1:41:34Speaker 1: You ever heard of Western governors? So I have, but
- 1:41:39Speaker 1: I have always thought it's an online only university. Is
- 1:41:41Speaker 1: it not?
- 1:41:42Speaker 2: It is mostly only online. They do have brick and
- 1:41:47Speaker 2: mortar facilities, but it is a university.
- 1:41:51Speaker 1: Where is it located?
- 1:41:52Speaker 2: Well, I think their headquarters are in Utah. They were
- 1:41:56Speaker 2: started about 30, 40 years ago by a group, a
- 1:42:00Speaker 2: bipartisan group of governors, hence governors in the name. And
- 1:42:04Speaker 2: the idea was to provide a college for adults don't
- 1:42:11Speaker 2: have a lot of time, don't have a lot of money,
- 1:42:14Speaker 2: are stuck in their jobs, need an education to move forward,
- 1:42:18Speaker 2: and we're going to give them college credit for things
- 1:42:22Speaker 2: they already know. If you've been doing the books at
- 1:42:28Speaker 2: a grocery store for 10 years, but you don't have
- 1:42:31Speaker 2: an accounting degree, they're going to test your bookkeeping capacity.
- 1:42:35Speaker 2: And hey, it turns out you're a third of the
- 1:42:36Speaker 2: way to an accounting degree. Boom, you've just cut one
- 1:42:39Speaker 2: third of the cost of your education out, right? And oh,
- 1:42:43Speaker 2: it's going to be mostly online, but with tutors always available,
- 1:42:46Speaker 2: live tutors. So you can study, you put your kids
- 1:42:49Speaker 2: to bed at nine, and then between nine and 11,
- 1:42:52Speaker 2: you can do your work.
- 1:42:55Speaker 1: And by doing that, I think they have over 100,000
- 1:42:58Speaker 1: students a year.
- 1:42:58Speaker 2: Wow.
- 1:43:01Speaker 1: It's just insane. And what's been their return on investment?
- 1:43:04Speaker 1: So their graduates are, I take it, that must have
- 1:43:08Speaker 1: scored pretty well.
- 1:43:09Speaker 2: You know, I don't have the figures in front of me,
- 1:43:11Speaker 2: but like I said, they're 13th of 1,400 colleges, right,
- 1:43:16Speaker 2: in our rankings. So we did the first profile of
- 1:43:20Speaker 2: them 15 years ago. I'm a big fan because it
- 1:43:23Speaker 2: was structured for the student's the average student, right. It
- 1:43:27Speaker 2: was not structured for the kid, you know, from a
- 1:43:31Speaker 2: upper middle-class family in, in Montclair, New Jersey, you know, who,
- 1:43:36Speaker 2: who got SAT prep and mom and dad, you know,
- 1:43:39Speaker 2: put them into the best high schools and all that.
- 1:43:42Speaker 1: Those kids are going to do fine.
- 1:43:44Speaker 2: It's, it's for the, it's for the rest of the country.
- 1:43:47Speaker 1: Um, quite a bit in our conversation, we have, you've
- 1:43:52Speaker 1: referenced a Cal state, um, something in the Cal State system.
- 1:43:56Speaker 1: We've spent some time in the UT system. On your list,
- 1:44:00Speaker 1: you have the city university system and the state university
- 1:44:02Speaker 1: system in New York. We've talked about Ohio, which has
- 1:44:07Speaker 1: in many ways built its own impressive system. Are those
- 1:44:12Speaker 1: the states that stand out here that have like really–
- 1:44:15Speaker 1: or what's– Am I making too much of an assumption
- 1:44:22Speaker 1: on that? I mean, that Cal State system seems to be,
- 1:44:25Speaker 1: I mean, some of these are just incredibly well-run state-funded systems.
- 1:44:31Speaker 2: You are 100% right. And this is something that struck
- 1:44:34Speaker 2: us years ago, that the same colleges in the same
- 1:44:37Speaker 2: states kept doing well. And in a way, we're not
- 1:44:42Speaker 2: measuring individual colleges. We are measuring states.
- 1:44:45Speaker 1: Right. You're measuring sort of which state government's are invested
- 1:44:48Speaker 1: in having good higher education that's affordable.
- 1:44:51Speaker 2: You know, your home state of Florida does quite well.
- 1:44:54Speaker 1: Florida International University. By the way, FIU brags about their
- 1:44:58Speaker 1: ranking on your list. They put that in there.
- 1:45:00Speaker 2: I've seen their posters in the airport.
- 1:45:02Speaker 1: Yes, they're very excited about it, yeah.
- 1:45:04Speaker 2: And as well they should. Florida has a century-long history
- 1:45:11Speaker 2: of governing their university systems very, very shrewdly. I'll give
- 1:45:17Speaker 2: you an example. Remember we talked a little while ago
- 1:45:19Speaker 2: about how students lose a lot of credit when they
- 1:45:22Speaker 2: move back. My son's going through this now. In 1967,
- 1:45:28Speaker 2: the Florida Board of Regents, the governing body of Florida said,
- 1:45:34Speaker 2: every school, every course has to have a number and
- 1:45:40Speaker 2: those numbers have to be, have a curriculum behind them
- 1:45:46Speaker 2: and every English 101 course at every public university in
- 1:45:53Speaker 2: Florida has to transfer to every other university.
- 1:45:59Speaker 1: Because they do that, Floridians, young.
- 1:46:02Speaker 2: Floridians can go to a community college, they can go
- 1:46:05Speaker 2: to Miami Dade or whatever, spend two years studying and
- 1:46:10Speaker 2: getting college credit at a very low cost, maybe will
- 1:46:14Speaker 2: live at home, and then move to Florida International University
- 1:46:18Speaker 2: or University of Florida and finish out their last two years,
- 1:46:22Speaker 2: and all of that credit transfers.
- 1:46:24Speaker 1: You can't do that. You're describing the path to college
- 1:46:29Speaker 1: for half of my friends that I grew up with,
- 1:46:31Speaker 1: which is either if they didn't get into where they wanted,
- 1:46:35Speaker 1: you had Santa Fe Community College near Gainesville. Tallahassee Community
- 1:46:39Speaker 1: College near Florida State, Miami-Dade near both University of Miami,
- 1:46:43Speaker 1: Florida International, FAU, all that. And that's how they handled this,
- 1:46:50Speaker 1: the community college system. Now, those are colleges now. We
- 1:46:54Speaker 1: don't call them– they don't call them community colleges anymore.
- 1:46:57Speaker 1: They've given them its Miami-Dade College. I want to say
- 1:47:01Speaker 1: it's Tallahassee State now. I think that's what they refer
- 1:47:03Speaker 1: to it.
- 1:47:04Speaker 2: You know, they're doing these things. Because they're increasingly getting
- 1:47:07Speaker 2: into the BA space. But we measure them as the
- 1:47:10Speaker 2: federal government does, and it's percentage of two-year versus four-year degrees.
- 1:47:14Speaker 1: So to me, they're still community colleges. You still call
- 1:47:16Speaker 1: them a community college.
- 1:47:17Speaker 2: But again, that's an example of Florida- And they keep
- 1:47:21Speaker 2: a lid on costs. And their focus has been quality,
- 1:47:26Speaker 2: low-cost college for in-state students. California is the same way.
- 1:47:30Speaker 2: Texas has a pretty good, very good system.
- 1:47:33Speaker 1: They have a couple of them, right? They have both
- 1:47:35Speaker 1: the A & M system. Exactly. Exactly.
- 1:47:39Speaker 2: What Florida does is it wraps it all into one.
- 1:47:42Speaker 2: California has different systems, but again, they put money into
- 1:47:46Speaker 2: the system and they manage it in a way that
- 1:47:50Speaker 2: maximizes student success. The CUNY system in New York is
- 1:47:55Speaker 2: another one. Pennsylvania kind of a terrible system. They've always underinvested. The-
- 1:48:01Speaker 2: Pay attention, Josh Shapiro.
- 1:48:05Speaker 1: We're watching, buddy. Come on, man. He's doing what he can.
- 1:48:08Speaker 2: And he's had a smart guy in there trying to
- 1:48:11Speaker 2: work it. But these are- I wouldn't say my home
- 1:48:15Speaker 2: state of Missouri has a particularly good system.
- 1:48:17Speaker 1: Maryland- What's the hallmark- the hallmark of it? I mean,
- 1:48:21Speaker 1: is there a pattern here? I mean, look, is there
- 1:48:26Speaker 1: just or was it just timing or they just had
- 1:48:28Speaker 1: the right governor at the right time? I mean, what's
- 1:48:30Speaker 1: your explanation? Is there a good explanation?
- 1:48:34Speaker 2: I think each evolved a little differently. And I'm not
- 1:48:38Speaker 2: a full expert in the history of the evolution of
- 1:48:41Speaker 2: all these systems. But a lot of it goes back many,
- 1:48:44Speaker 2: many decades. A lot of it goes back to when
- 1:48:48Speaker 2: in the 50s and early 60s, every state was building
- 1:48:52Speaker 2: out its system of higher education.
- 1:48:55Speaker 1: They were You know, this is post-World War II with
- 1:48:57Speaker 1: the GI Bill, right? I mean, that was the incentive, right? Hey,
- 1:49:01Speaker 1: we're going to have all these people ready to go
- 1:49:03Speaker 1: to college. We need to build colleges for them to
- 1:49:05Speaker 1: go to. Yes.
- 1:49:07Speaker 2: And they expanded that under Eisenhower with training for STEM students.
- 1:49:11Speaker 2: And then in 1965, they had the Higher Education Act.
- 1:49:15Speaker 2: And so states built out community college systems. They built
- 1:49:20Speaker 2: out branches of the university flagships. And some of them
- 1:49:26Speaker 2: had them managed centrally and well. Some of them had
- 1:49:31Speaker 2: them where each university was its own fiefdom and the
- 1:49:37Speaker 2: state coordinated, but had no teeth. So they're all competing,
- 1:49:42Speaker 2: and each has a law school, each has a med school,
- 1:49:45Speaker 2: each has a.
- 1:49:48Speaker 1: Football team.
- 1:49:49Speaker 2: And pretty soon, the costs are up, and you can't
- 1:49:51Speaker 2: transfer credit. And the governor throws his hands up, and
- 1:49:55Speaker 2: the legislature says, we're not going to fund you because
- 1:49:57Speaker 2: you're throwing money away. And you get a kind of
- 1:50:00Speaker 2: toxic system. New Jersey is that way a little bit, honestly.
- 1:50:03Speaker 2: ED HARRISON But in California, they revere their system and
- 1:50:09Speaker 2: they've kept their eye on the ball. Quality education for
- 1:50:14Speaker 2: average people, for low income families at a price they
- 1:50:18Speaker 2: can afford. And that is what Kevin Carey in the
- 1:50:24Speaker 2: Washington Monthly in his story is basically saying the federal
- 1:50:28Speaker 2: government should help do. Not as a mandate, but as
- 1:50:31Speaker 2: on a voluntary basis.
- 1:50:33Speaker 1: Well, and again, you want to inject some investment in
- 1:50:36Speaker 1: rural America? We just came up with it. There you go. Paul,
- 1:50:42Speaker 1: like I said, first of all, your passion comes through.
- 1:50:46Speaker 1: But this is– it is– in some ways to me,
- 1:50:52Speaker 1: you've depolarized. But what you do is you're depolarizing this debate.
- 1:50:58Speaker 1: This is not a debate about weather. It's a debate
- 1:51:01Speaker 1: about how we do this. We should want all of
- 1:51:05Speaker 1: our citizens to have an opportunity to be better educated. 100%. 100%.
- 1:51:09Speaker 2: And I appreciate you having me on. I appreciate you
- 1:51:12Speaker 2: seeing that what we do with higher education is a
- 1:51:17Speaker 2: very good sample of how we can apply what's gone
- 1:51:22Speaker 2: wrong with the country generally and why I think there's
- 1:51:25Speaker 2: an opportunity to fix a lot of it.
- 1:51:27Speaker 1: Well, look, the world still wants to get educated here.
- 1:51:30Speaker 1: So let's... I hope that's still the case, to be honest.
- 1:51:34Speaker 1: I sort of that was a badge of honor. I
- 1:51:36Speaker 1: took that as a badge of honor. If everybody wants
- 1:51:38Speaker 1: to get our education, then I think we're winning. At
- 1:51:41Speaker 1: least that's what I used to think. But anyway, I
- 1:51:43Speaker 1: think we will. Good to see you, brother. Thank you, sir.
- 1:51:53Speaker 1: Top five.
- 1:51:55Speaker 3: Top five.
- 1:51:56Speaker 1: Top five. All right, it's time for my top five list.
- 1:52:03Speaker 1: And like I did last week, since we're getting so
- 1:52:05Speaker 1: close to election day, the map's gotten bigger. And if
- 1:52:09Speaker 1: I'm going to do the top five governor's races most
- 1:52:12Speaker 1: likely to flip, I'm better off doing the top 10
- 1:52:15Speaker 1: because frankly, you know, the competitive nature of governor's races
- 1:52:22Speaker 1: is through the roof right now. I'd say, right, there's
- 1:52:24Speaker 1: 36 that are up. I'd say we're right at about
- 1:52:28Speaker 1: half of them. are going to be decided, perhaps decided
- 1:52:32Speaker 1: by five points or less, which shows you what kind
- 1:52:35Speaker 1: of competitive environment it is. But it brings me to
- 1:52:38Speaker 1: the central question I was asking at the opening of
- 1:52:41Speaker 1: this podcast in my opening monologue on the Wednesday portion
- 1:52:46Speaker 1: of the podcast, which is just how large is this
- 1:52:50Speaker 1: wave going to be if it's, well, blue wave or
- 1:52:52Speaker 1: red undertow, however you want to do it. If this
- 1:52:55Speaker 1: is a fairly conventional midterm in which the president's party
- 1:52:58Speaker 1: loses ground, Or are we watching something bigger and more consequential?
- 1:53:03Speaker 1: And I've come to the conclusion that the answer is
- 1:53:07Speaker 1: not just from the House and the Senate, but it
- 1:53:09Speaker 1: comes from governor's races. Because there are several states where
- 1:53:12Speaker 1: Democrats are competing for governorships in places that voted decisively
- 1:53:16Speaker 1: for Donald Trump two years ago, right? And there are
- 1:53:17Speaker 1: other states where Republicans are trying to take advantage of
- 1:53:20Speaker 1: local circumstances that may have very little to do with
- 1:53:22Speaker 1: the national environment. So it's an intriguing list I have here.
- 1:53:25Speaker 1: I have a few Democratic-held seats that are in my
- 1:53:28Speaker 1: top 10 of flips. But there's some really red states
- 1:53:32Speaker 1: that have made the top 10 as well. So I'm
- 1:53:37Speaker 1: ranking the 10 governorships that I think is in order
- 1:53:40Speaker 1: of most likely to flip, the least likely to flip.
- 1:53:42Speaker 1: They're all, if you've made this top 10, you're in play,
- 1:53:45Speaker 1: pure and simple. Now there's two states not on my list,
- 1:53:50Speaker 1: Arizona and Michigan. It's not that they're, these are swing states,
- 1:53:54Speaker 1: but the battleground states are You know, and these are
- 1:53:58Speaker 1: two-week Republican nominees. Republicans have already pulled their money from
- 1:54:02Speaker 1: Michigan on the governor's race. And while Turning Point is
- 1:54:05Speaker 1: throwing a bunch of money into Andy Biggs in Arizona,
- 1:54:09Speaker 1: you know, the word is out that he's a MAGA guy.
- 1:54:11Speaker 1: And MAGA people don't win statewide in Arizona these days.
- 1:54:14Speaker 1: It's just been a, you know, I know Katie Hobbs
- 1:54:17Speaker 1: says she needs more money. And the DGA is probably,
- 1:54:21Speaker 1: you know, they can't afford to lose it. So they're,
- 1:54:23Speaker 1: you know, but the amount of money they're spending there
- 1:54:26Speaker 1: probably is more than necessary. But I do think if
- 1:54:33Speaker 1: this is an election about Donald Trump, the Democrats flip
- 1:54:41Speaker 1: the House and the Senate. If this is an election
- 1:54:43Speaker 1: about Republican governance and Donald Trump, well, they flip the
- 1:54:47Speaker 1: House and the Senate, and there's Democratic governors in Texas, Ohio,
- 1:54:51Speaker 1: and Iowa. And in fact, I look at those three
- 1:54:54Speaker 1: in particular. I look at those three in particular because
- 1:55:01Speaker 1: Republican governance is what's on the ballot, particularly in Texas.
- 1:55:06Speaker 1: And I've said, I think if Texas goes Democratic in
- 1:55:09Speaker 1: the governor's race, this is a repudiation of Republican governors,
- 1:55:13Speaker 1: and it's certainly a repudiation of the voucher movement. And
- 1:55:17Speaker 1: funding of public education and the funding of public health
- 1:55:20Speaker 1: are sort of two of the issues that are bothering
- 1:55:22Speaker 1: voters the most of their governors today. And you could
- 1:55:26Speaker 1: see Democrats potentially being able to take advantage, take advantage
- 1:55:30Speaker 1: of that. All right. So without further ado, let me
- 1:55:33Speaker 1: do my top 10 list. So number one, most likely
- 1:55:36Speaker 1: to flip Iowa. In fact, for me, it's a new
- 1:55:39Speaker 1: number one. I've had Kansas won for the longest time.
- 1:55:41Speaker 1: I have Iowa in the one spot. You know, Rob
- 1:55:44Speaker 1: saying his lead seems to be durable. It's I don't
- 1:55:50Speaker 1: remember the last poll I've seen of Rob saying leading
- 1:55:52Speaker 1: by less than five points. The curiosity to me is,
- 1:55:56Speaker 1: does he have a ceiling? What's the ceiling? Is it 52, 53?
- 1:56:02Speaker 1: Or can he get it closer to 55? If he
- 1:56:04Speaker 1: can get it closer to 55, that might be enough
- 1:56:06Speaker 1: to pull Turek over the finish line. But I do
- 1:56:09Speaker 1: think Turek in the Senate race really needs Rob Sandu
- 1:56:14Speaker 1: to get close to the all-time record for Democratic performance
- 1:56:17Speaker 1: in an Iowa governor's race, which goes back to the
- 1:56:19Speaker 1: 60s when they had a candidate hit 55%. No Democrat
- 1:56:24Speaker 1: in the modern since then. who's won a governor's race
- 1:56:26Speaker 1: in Iowa, has ever gotten that much of the vote.
- 1:56:28Speaker 1: That possibility is somewhat distinct there. And if he gets
- 1:56:33Speaker 1: to 55, he probably can sweep, might be able to
- 1:56:36Speaker 1: sweep the statewide offices. AG, Treasury, Secretary of State, you know,
- 1:56:42Speaker 1: or other statewide races in Iowa. So we should, so
- 1:56:47Speaker 1: Iowa's one. Number two, Kansas, as you know, They have
- 1:56:51Speaker 1: literally been on a pendulum every eight years. They switch parties.
- 1:56:54Speaker 1: We've had eight years of a Democratic governor. She's term limited.
- 1:56:58Speaker 1: Her chosen successor lost the primary. So look, it's a
- 1:57:03Speaker 1: close race. I think the Republican candidate is probably slightly
- 1:57:08Speaker 1: to the right of where the state is. Democratic candidate
- 1:57:10Speaker 1: is probably slightly left to where the state is. I
- 1:57:17Speaker 1: think you have to assume at this case that– especially if– I,
- 1:57:22Speaker 1: you know, I'm bullish on Kansas Senate because I'm bearish
- 1:57:26Speaker 1: on Kansas Gov for Democrats and I'm bullish on Iowa
- 1:57:29Speaker 1: Gov for Democrats because I'm bearish for Iowa Senate. I
- 1:57:32Speaker 1: think you're going to have some voters that are like, look,
- 1:57:35Speaker 1: I'm not voting for two Democrats. I'm only voting for one.
- 1:57:38Speaker 1: And I think Hamilton is, you know, I think Marshall's
- 1:57:41Speaker 1: unlikable enough and Hamilton's likable enough to be the comfortable
- 1:57:45Speaker 1: lone Democrat. And then there's that voter that might pull
- 1:57:49Speaker 1: our level. On the gubernatorial side, too. That's my sense. But,
- 1:57:54Speaker 1: you know, I do think Kansas is going to be
- 1:57:55Speaker 1: quite close, but I think advantage are. Then the rest
- 1:57:59Speaker 1: of these races are all very, very close. I think
- 1:58:03Speaker 1: both Iowa and Kansas, you would say, distinctly leans to
- 1:58:08Speaker 1: the party. to flip. Leaning Democratic on the Iowa side,
- 1:58:13Speaker 1: leaning Republican on the Kansas side. Number three on my
- 1:58:15Speaker 1: list is Ohio. Amy Acton has probably been ahead in
- 1:58:19Speaker 1: more polls than Ramaswamy has. I certainly think there's a
- 1:58:22Speaker 1: high floor for Republicans in Ohio. So this is if
- 1:58:25Speaker 1: she wins, it's going to be really, really close. This
- 1:58:27Speaker 1: isn't going to be you know, I think she's got
- 1:58:29Speaker 1: a ceiling of 51 or 52 period. But I do think,
- 1:58:34Speaker 1: you know, it's possible third party candidates like she could
- 1:58:36Speaker 1: end up winning by four or five because there's a
- 1:58:39Speaker 1: third party vote that goes down there. And for the
- 1:58:43Speaker 1: next episode, I'm going to dig into the third party votes,
- 1:58:45Speaker 1: by the way. I think I promised that last one
- 1:58:47Speaker 1: that's coming for my Thursday podcast. just the states where
- 1:58:50Speaker 1: I think that the third party could be significant on
- 1:58:53Speaker 1: either side. We've seen where Republicans are spending some money
- 1:58:58Speaker 1: on a minor party candidate in the Senate race, hoping
- 1:59:00Speaker 1: to dilute votes for Sherrod Brown. Number four on the
- 1:59:06Speaker 1: list is Alaska, the right choice voting. It does appear
- 1:59:09Speaker 1: that the Democrats have the upper hand here. Man, it
- 1:59:12Speaker 1: has been a wild and wacky race for governor. I'm
- 1:59:15Speaker 1: not going to pretend that I know the intricate details
- 1:59:19Speaker 1: of this wackiness, but it does feel as if the
- 1:59:21Speaker 1: Democratic candidate has the upper hand here. And, you know,
- 1:59:25Speaker 1: it's been been a good 20 years since Democrats have
- 1:59:27Speaker 1: held that governor's mansion. Tony Knowles, I believe, was the
- 1:59:31Speaker 1: last Democratic governor of the state of Alaska. They tried
- 1:59:35Speaker 1: to get him to translate that to the Senate. It
- 1:59:37Speaker 1: didn't happen. But that's Alaska looking fairly, fairly optimistic there.
- 1:59:43Speaker 1: And number five on my list is Texas. I've spent
- 1:59:46Speaker 1: a lot of time on Gina Enos's campaign It does
- 1:59:48Speaker 1: feel as if that, you know, Abbott's financial advantage has
- 1:59:51Speaker 1: stopped the bleeding. We've seen some, you know, there's been
- 1:59:54Speaker 1: slight improvement for Abbott in the most recent Santa poll,
- 1:59:57Speaker 1: New York Times Santa poll. But it's neck and neck.
- 2:00:01Speaker 1: And he's running for a fourth term. I find it
- 2:00:04Speaker 1: hard to believe that much of the undecided vote is
- 2:00:06Speaker 1: going to go to the incumbent. I know it's Texas.
- 2:00:09Speaker 1: But I think if you're not with him now, I
- 2:00:11Speaker 1: don't know what more is going to convince you to
- 2:00:14Speaker 1: do it. I really don't. But we'll see. It could
- 2:00:19Speaker 1: be just a numbers game there, right? There's just not
- 2:00:21Speaker 1: enough Democrats yet, not enough independents yet to cross the aisle.
- 2:00:25Speaker 1: But I have Texas five. Six, I have Georgia. Some
- 2:00:27Speaker 1: might argue that Georgia should go ahead here. The reason
- 2:00:29Speaker 1: I have a slightly more optimism about Hinojosa winning than
- 2:00:34Speaker 1: I do Keisha Lance Bottoms is she's up against– I
- 2:00:39Speaker 1: think the Republican nominee, Rick Jackson, has got enough distance
- 2:00:42Speaker 1: from Trump and an enormous amount of money himself that has–
- 2:00:48Speaker 1: that has made him a better bet, right? Than, than Abbott.
- 2:00:52Speaker 1: Abbott's having to defend, right? Where Jackson's an outsider. So
- 2:00:58Speaker 1: I think this is, you know, I think in a,
- 2:01:01Speaker 1: had literally Republicans ended up with any other nominee than him,
- 2:01:04Speaker 1: I think Keisha Lance Bottoms would be the favorite. Uh,
- 2:01:07Speaker 1: she still could end up winning. And I think if Ossoff,
- 2:01:10Speaker 1: you know, if Ossoff does have the Oval Office in his,
- 2:01:14Speaker 1: in his sights for 28, um, He should be pulling
- 2:01:18Speaker 1: out all the stops to do whatever it takes to
- 2:01:21Speaker 1: help Keisha Lance Bottoms. Because getting a governorship in a
- 2:01:25Speaker 1: presidential battleground seat is a BFD. And that's a pretty
- 2:01:28Speaker 1: good shit. And he would get a lot of credit
- 2:01:30Speaker 1: for this. Number seven on my list is Nevada. Lombardo
- 2:01:35Speaker 1: fits my description of who are the Republicans that are
- 2:01:37Speaker 1: more likely to survive in an environment like this. People
- 2:01:39Speaker 1: who are not considered very Trumpy. Joe Lombardo is not
- 2:01:42Speaker 1: considered very Trumpy. But he's a Republican. in a swing state,
- 2:01:46Speaker 1: in a bad year to be a Republican. If he loses,
- 2:01:50Speaker 1: it's simply that. I don't think he's committed a fireable offense,
- 2:01:52Speaker 1: but the Democrats have a reasonable nominee in the sitting
- 2:01:55Speaker 1: AG in Aaron Ford. They're spending an enormous amount of money.
- 2:01:58Speaker 1: Outside groups are in. This feels like if this is
- 2:02:02Speaker 1: a generic party vote, Lombardo might lose. If Lombardo can
- 2:02:07Speaker 1: make this a choice and he can show a little bit,
- 2:02:12Speaker 1: remind people that he's a little bit different from Trump,
- 2:02:15Speaker 1: and he's been trying. He's got Democrats on air, endorsement
- 2:02:19Speaker 1: ads and stuff like that. But I put him on
- 2:02:22Speaker 1: this list because I think the environment's just deteriorated around him,
- 2:02:26Speaker 1: and he just may not be able to survive the environment. Oregon. Boy,
- 2:02:31Speaker 1: Republicans have been on the verge of winning the Oregon
- 2:02:33Speaker 1: governor's mansion, it seems like, this entire century. Democrats have
- 2:02:38Speaker 1: keep electing unpopular governors. And the unpopular governors have somehow
- 2:02:45Speaker 1: gotten reelected a couple of times simply because there was
- 2:02:50Speaker 1: a divide. Like last cycle, there was an independent, and
- 2:02:54Speaker 1: there was a divide, and that's how Tina Kotek was
- 2:02:57Speaker 1: able to win the first time. There isn't a third-party
- 2:02:59Speaker 1: candidate this time. The question is whether the R, is
- 2:03:03Speaker 1: it a scarlet R for Christine Drazen, or can she
- 2:03:07Speaker 1: prove that she's an independent governor, even if she's on
- 2:03:11Speaker 1: the Republican ballot line. I can tell you this, if
- 2:03:13Speaker 1: she were running as an I, I think she'd be
- 2:03:16Speaker 1: the favorite in this race. The only thing that keeps
- 2:03:19Speaker 1: Kotech in the governor's mansion is this national political environment.
- 2:03:24Speaker 1: Number nine on my list is Wisconsin. I think that
- 2:03:27Speaker 1: David Crawley has stabilized this race. Democrats are pouring enough
- 2:03:30Speaker 1: money in it. I think if a battleground state in
- 2:03:34Speaker 1: this environment, advantage Democrats. whether it's Michigan governor, whether it's
- 2:03:39Speaker 1: Wisconsin governor, and you just have to have an unusual
- 2:03:42Speaker 1: Republican on the other side to prevent that. That's what
- 2:03:44Speaker 1: we see in Nevada. That's what we see in Georgia.
- 2:03:47Speaker 1: It's not what I see in Wisconsin. I don't think
- 2:03:49Speaker 1: Tom Tiffany is unique enough to carve out his own
- 2:03:52Speaker 1: identity to overcome what I think is just an environment
- 2:03:55Speaker 1: that is not overcomable for Republicans right now in the Midwest.
- 2:04:01Speaker 1: We'll see. We've underestimated Wisconsin Republicans before, but is Tom
- 2:04:04Speaker 1: Tiffany Ron Johnson? I'm not so sure. And then coming
- 2:04:07Speaker 1: in at 10 is Florida. As you know, I'm skeptical.
- 2:04:12Speaker 1: I think that it's interesting. My man, Uncle Luke, Luther Campbell,
- 2:04:17Speaker 1: former lead of Two Live Crew, sort of a rap
- 2:04:21Speaker 1: group of my era, of my youth, if you will,
- 2:04:23Speaker 1: huge Hurricane supporter. He ran for Congress himself. He's got
- 2:04:27Speaker 1: a pretty significant following down in South Florida. He had
- 2:04:30Speaker 1: Byron Donalds on his Twitter podcast, and he's going to
- 2:04:33Speaker 1: have David Jolly next week. This battle for the black
- 2:04:36Speaker 1: vote in Florida is real. Donald's is engaging in it. Look,
- 2:04:40Speaker 1: it's possible Donald's is going to underperform in the northern
- 2:04:43Speaker 1: part of the state. But if he can counter that
- 2:04:46Speaker 1: by overperforming in African-American communities, it might be the difference
- 2:04:51Speaker 1: between him winning and losing. The thing Jolly has going
- 2:04:54Speaker 1: for him is the surprise victory by Angie Nixon in
- 2:04:57Speaker 1: the Senate race. And she has been kind of pushing back.
- 2:05:01Speaker 1: She is campaigning heavily in African-American communities. And she's been
- 2:05:04Speaker 1: trying to push back on those that are sort of
- 2:05:08Speaker 1: Donald's curious in there. But can I just say one
- 2:05:10Speaker 1: thing about Florida governor? By the way, is that no
- 2:05:14Speaker 1: matter what happens, I think we're going to, no matter
- 2:05:16Speaker 1: who wins, Jolly or Donald's, that we're going to have a,
- 2:05:21Speaker 1: we're not going to have an awkward, the last 16
- 2:05:26Speaker 1: years of governors, and even you throw in Charlie Chris 20,
- 2:05:30Speaker 1: it's like, can I just have a normie behaving individual,
- 2:05:35Speaker 1: like that sort of lives a normal life, that isn't
- 2:05:40Speaker 1: like an introvert or a little bit awkward with people, right?
- 2:05:45Speaker 1: Like neither Rick Scott or DeSantis has ever seemed like
- 2:05:47Speaker 1: a conventional politician. And maybe that was a strength for
- 2:05:50Speaker 1: them at times, but they're kind of, you know, they
- 2:05:54Speaker 1: don't look comfortable when surrounded by people. Both Jolly and
- 2:05:58Speaker 1: Donald's are a bit more what I would call conventional politicians,
- 2:06:02Speaker 1: and I say that not as an attack, I just
- 2:06:05Speaker 1: think that you're just gonna have some normal human behavior
- 2:06:10Speaker 1: that is not unpredictable in the governor's mansion, regardless of
- 2:06:14Speaker 1: who wins this governor's race. And considering, like I said,
- 2:06:18Speaker 1: I know Governor DeSantis a little, I know Governor Scott better,
- 2:06:23Speaker 1: and Senator Scott, they're not natural politicians. David Jolly and
- 2:06:28Speaker 1: Byron Donalds are more natural politicians. So maybe that's the
- 2:06:31Speaker 1: most generous way I can describe that. All right, it's
- 2:06:41Speaker 1: question time. Let me start with Chris. Say Chuck, love
- 2:06:44Speaker 1: the pod. M-I-Z. Are you doing it for Milwaukee or
- 2:06:49Speaker 1: are you doing it for Mizzou? You're doing it for Mizzou.
- 2:06:51Speaker 1: That's all right. Kalshi still has Ann Wagner at 75
- 2:06:54Speaker 1: percent of Missouri, too. even though polling under the old
- 2:06:57Speaker 1: map looks pretty even. So I threw a little cash
- 2:06:59Speaker 1: on Fred Wellman for the potential payout if Wellman pulls
- 2:07:02Speaker 1: off the upset, but Missouri Republicans challenged the results under
- 2:07:05Speaker 1: the old map. What happens to my trade, Chris? That's
- 2:07:09Speaker 1: a great question. I got to think that these are
- 2:07:15Speaker 1: the rules and regulations I need to get more familiar with.
- 2:07:18Speaker 1: I'm going to do a little research on this. I
- 2:07:20Speaker 1: think it's an important question that I need to be
- 2:07:23Speaker 1: able to answer cleaner, and I will confess that I
- 2:07:27Speaker 1: don't know the full answer. Because I've wondered this myself,
- 2:07:29Speaker 1: do you wait till the elections are certified? Especially if
- 2:07:33Speaker 1: you're doing some, I think there's some trades you can
- 2:07:38Speaker 1: make that have to do with margin of victory or
- 2:07:41Speaker 1: number of Senate seats. Well, okay, what if there's a
- 2:07:44Speaker 1: party switch? How does that get factored in? When is
- 2:07:46Speaker 1: the cutoff date, right? I think this has always to
- 2:07:50Speaker 1: me been the challenge of including election results in markets
- 2:07:55Speaker 1: like this because arguably they're not certified. until the state
- 2:08:01Speaker 1: certifies them. Hard stop, right? Well, that can sometimes take
- 2:08:04Speaker 1: three weeks. I have a feeling that that's not how
- 2:08:07Speaker 1: long they plan to keep your money. So look, it's
- 2:08:16Speaker 1: a great question. The I only would– I could tell
- 2:08:21Speaker 1: you what happens when sporting events get postponed or moved
- 2:08:27Speaker 1: because of weather or postponed or canceled if we've had
- 2:08:30Speaker 1: like a health issue like during COVID is usually there's
- 2:08:34Speaker 1: automatic refund. Everybody just gets their money back. And there's no–
- 2:08:38Speaker 1: it's as if it didn't happen. That's the– that's how
- 2:08:43Speaker 1: I would be doing business. So I say it out loud.
- 2:08:46Speaker 1: My friends at CalShield probably hear me on this. I– That's–
- 2:08:50Speaker 1: I got to think that that's– if there is a–
- 2:08:54Speaker 1: if somehow the election gets thrown out, which I think
- 2:08:57Speaker 1: is very possible because of this weird situation we're in
- 2:09:00Speaker 1: in Missouri, I think the most likely thing they would
- 2:09:04Speaker 1: do is just return everybody's money. Just make everybody whole.
- 2:09:07Speaker 1: Nobody wins. Nobody loses. Everybody just gets– it's as if
- 2:09:12Speaker 1: it's just a full-on reset, which to me is the
- 2:09:15Speaker 1: right thing to do. Henry in New Orleans comes in.
- 2:09:19Speaker 1: He goes, hey, Chuck, after listening to the podcast discussion
- 2:09:21Speaker 1: on Pete Hegseth this morning, I have one question. If
- 2:09:23Speaker 1: Trump doesn't fire Hegseth after the election and Thomas Massey
- 2:09:26Speaker 1: succeeds in getting the House to impeach him, what incentive
- 2:09:29Speaker 1: or obligation would the Senate have to convict him and
- 2:09:32Speaker 1: potentially bar him from holding public office again? And if
- 2:09:35Speaker 1: Hegseth resigns before a Senate trial, could the Senate still
- 2:09:38Speaker 1: proceed or would resignation effectively allow him to avoid that consequence? Thanks.
- 2:09:42Speaker 1: In regards, Henry in New Orleans. Well, no. I mean,
- 2:09:47Speaker 1: if the House successfully impeaches, the Senate has to have
- 2:09:49Speaker 1: a trial and it doesn't matter whether they choose to
- 2:09:53Speaker 1: stay in office or not. Now, maybe they just decide
- 2:09:57Speaker 1: not to– but it's up to the– the Senate can
- 2:10:01Speaker 1: work its will and it makes its decision.
- 2:10:02Speaker 2: Yeah.
- 2:10:09Speaker 1: The magic number is 67. Do you have 67 votes
- 2:10:12Speaker 1: to bar Pete Hegseth from ever holding any federal office again?
- 2:10:17Speaker 1: I don't know. If it's 54 seats that Democrats win,
- 2:10:26Speaker 1: it's still 47. By the way, when would the Senate
- 2:10:29Speaker 1: trial be held? Is it held before January 3rd with
- 2:10:31Speaker 1: the old Senate or the new Senate? I don't think
- 2:10:34Speaker 1: the first order of business for the new Senate, do
- 2:10:36Speaker 1: they want to make a Senate trial of Hegseth? And yet, Um,
- 2:10:41Speaker 1: so it's, here's the thing. I'm convinced that if it,
- 2:10:47Speaker 1: if the election goes bad enough for Republicans, that egg
- 2:10:51Speaker 1: Seth could, you might have plenty of house Republicans that
- 2:10:54Speaker 1: decide that's it. I'm out. Maybe they read the tea leaves,
- 2:10:58Speaker 1: although this administration rarely reads tea leaves and egg Seth resigns.
- 2:11:02Speaker 1: And maybe, maybe it's over the decision to try to
- 2:11:05Speaker 1: live stream the execution, which clearly Trump has suddenly gotten
- 2:11:08Speaker 1: cold feet about. Um, But no, in theory, if you've
- 2:11:14Speaker 1: been impeached, resignation isn't supposed to– doesn't necessarily– they can
- 2:11:19Speaker 1: choose to keep going with the trial. But one would
- 2:11:22Speaker 1: argue what's– unless you really want to bar him from that.
- 2:11:26Speaker 1: But you better have the 67 votes. And I don't–
- 2:11:31Speaker 1: it's hard to imagine if the 67 votes. But I
- 2:11:33Speaker 1: think impeachment itself is the indictment. And if he's indicted,
- 2:11:39Speaker 1: if you're Trump, I think you push him out immediately.
- 2:11:43Speaker 1: and get the old Senate to confirm a new defense secretary.
- 2:11:46Speaker 1: Don't test getting a defense secretary out of a Democratic-controlled Senate.
- 2:11:55Speaker 1: Brian from Virginia's 10th District. It's loud and counting these days.
- 2:12:00Speaker 1: You often talk about how four or five political parties
- 2:12:02Speaker 1: are essentially squeezed into our two major parties, creating tension
- 2:12:06Speaker 1: between their competing coalitions. Yet the UK and Canada also
- 2:12:09Speaker 1: used first-past-the-post elections and still managed to elect multiple parties
- 2:12:12Speaker 1: to parliament, while even independents rarely win seats in the U.S. House.
- 2:12:18Speaker 1: Why is the U.S. such an outlier when it comes
- 2:12:20Speaker 1: to third-party representation? Is it our presidential system or is
- 2:12:24Speaker 1: it something else at play? It's ballot access, right? It's
- 2:12:30Speaker 1: ballot access. If every party had equal access to the ballots, equal–
- 2:12:35Speaker 1: and independence at equal access across the board, you'd have
- 2:12:39Speaker 1: a different story. But it's– that's where– and that's hard–
- 2:12:44Speaker 1: voters haven't been given the choice of how they would
- 2:12:48Speaker 1: handle multiple parties in a lot of states. But that's
- 2:12:51Speaker 1: the biggest impediment to this is the duopoly in a
- 2:12:56Speaker 1: lot of states makes– creates major party and minor party
- 2:13:00Speaker 1: status and minor party needs more petition signatures than major party.
- 2:13:04Speaker 1: I mean, it is literally rigged so that the major
- 2:13:09Speaker 1: parties don't have to do as much small-D democracy to
- 2:13:12Speaker 1: get on the ballot as minor parties or independent candidates do.
- 2:13:16Speaker 1: And I think, frankly, all of that's unconstitutional. It's not
- 2:13:20Speaker 1: equal access to the ballot. It's not equal treatment on this. And,
- 2:13:26Speaker 1: you know, equal protection seems like it should be a
- 2:13:29Speaker 1: pretty good argument on this one. But I think that's
- 2:13:33Speaker 1: the biggest issue is simply access to the ballot. If
- 2:13:36Speaker 1: access were easier, I do think you'd get more diversity
- 2:13:40Speaker 1: in itself. But look, I think our congressional districts are
- 2:13:42Speaker 1: too big. If you had smaller congressional districts, you'd likely
- 2:13:45Speaker 1: have this. There's a number of ways we could do this.
- 2:13:47Speaker 1: But as much as I want to see a multi-party system,
- 2:13:52Speaker 1: and I think more factions, I'm with James Madison on
- 2:13:55Speaker 1: this one, more factions are better than fewer factions. We
- 2:13:59Speaker 1: have to change the rules of of getting on the
- 2:14:02Speaker 1: ballot before this can work. You can't just suddenly snap
- 2:14:07Speaker 1: your fingers and hope new parties show up. You actually
- 2:14:09Speaker 1: have to, there's a whole bunch of laws in a
- 2:14:11Speaker 1: lot of states that have to change in order to
- 2:14:13Speaker 1: get equal access to the ballot. But these are where
- 2:14:16Speaker 1: these small groups are making lawsuits and all this stuff.
- 2:14:18Speaker 1: I mean, just, it is absurd what independent candidates and
- 2:14:22Speaker 1: minor parties have to do in some states to get
- 2:14:26Speaker 1: on the ballot. And all of it seems to me
- 2:14:28Speaker 1: should be unconstitutional. All right, Kevin from Tennessee's 6th Congressional District,
- 2:14:33Speaker 1: previously the 5th and the 7th. Yeah, they do have
- 2:14:35Speaker 1: a new map. While I'm not overly optimistic, I've been
- 2:14:38Speaker 1: thinking about how Congress could return to regular order if
- 2:14:41Speaker 1: this election serves as a wake-up call for Republicans. Could
- 2:14:44Speaker 1: presidential emergency powers be reformed so that rather than remaining
- 2:14:48Speaker 1: in effect unless Congress overrides them, they automatically expire after
- 2:14:51Speaker 1: a short period, say 15 days, unless Congress explicitly proves that, Kevin,
- 2:14:58Speaker 1: they have this power right now. They could decide they've
- 2:15:03Speaker 1: they've gone out of their way to to not force
- 2:15:07Speaker 1: to not do more votes on this stuff. They they
- 2:15:10Speaker 1: don't want the responsibility. Right. This has been leadership decisions,
- 2:15:14Speaker 1: whether the leadership, you know, whatever the president's party is
- 2:15:18Speaker 1: who's run the House has not wanted to have the
- 2:15:21Speaker 1: responsibility of dealing with these things. And, you know, we
- 2:15:25Speaker 1: haven't had enough. You know, I do think you'll see
- 2:15:27Speaker 1: Democrats pound their chest now when there's a Republican in
- 2:15:30Speaker 1: the White House. The question is, are they going to
- 2:15:33Speaker 1: be this willing to revoke emergency power when somebody of
- 2:15:36Speaker 1: their own party is in the White House? All of
- 2:15:40Speaker 1: this would be better That are done in a bipartisan
- 2:15:43Speaker 1: basis and all of this. Absolutely. Right. It shouldn't even
- 2:15:46Speaker 1: be 90 days. It should be 15 days, should be
- 2:15:48Speaker 1: 30 days. All of our emergency powers should be real
- 2:15:51Speaker 1: emergencies and emergencies are measured in weeks, not months or years.
- 2:15:55Speaker 2: Right.
- 2:15:56Speaker 1: I don't think there should be any emergency from 1978
- 2:15:59Speaker 1: that should be legally that you're legally able to use.
- 2:16:04Speaker 1: It just shouldn't be. It should expire at least by
- 2:16:08Speaker 1: the end of that Congress so that a new Congress
- 2:16:11Speaker 1: actually has to proactively pass a new emergency power in
- 2:16:15Speaker 1: order to let an executive, the executive branch have some authority,
- 2:16:22Speaker 1: whether it's trade authority or whatever. But this is what's
- 2:16:25Speaker 1: so frustrating is that Congress has this power right now, Kevin.
- 2:16:29Speaker 1: It's a choice. And it has been, you know, the partisan,
- 2:16:35Speaker 1: the decision- by Newt Gingrich and then Nancy Pelosi to
- 2:16:39Speaker 1: not change the way, to basically to not let the House,
- 2:16:44Speaker 1: you know, to sort of narrow the leadership of the
- 2:16:49Speaker 1: House to the leaders themselves, to pull back power from
- 2:16:52Speaker 1: committee chairs, pull back power from individual members. That was
- 2:16:56Speaker 1: what Newt Gingrich decided to have in order to have
- 2:16:58Speaker 1: party discipline, in order to partisanize things. Nancy Pelosi went
- 2:17:01Speaker 1: right along with it when she took over Congress in 2007.
- 2:17:06Speaker 1: She could have gone back to the older way of
- 2:17:09Speaker 1: doing things, how Tip O'Neill and Tom Foley did things.
- 2:17:12Speaker 1: It's a choice. And Hakeem Jeffries is going to have
- 2:17:14Speaker 1: a choice if he has a chance to do this.
- 2:17:17Speaker 1: And I'll be curious to see what choice he makes.
- 2:17:20Speaker 1: Last question for this episode. Josh in Anderson, South Carolina.
- 2:17:25Speaker 1: South Carolina's third district, where Clemson fans are still smarting
- 2:17:28Speaker 1: from that loss to my beloved Miami Hurricanes. I appreciate
- 2:17:31Speaker 1: you say they're smarting. Hey, man, we just did for
- 2:17:34Speaker 1: you What you guys successfully did for Miami, you show
- 2:17:40Speaker 1: us how far you have to go. And, you know,
- 2:17:44Speaker 1: the pounding Clemson gave Miami in a ACC title game
- 2:17:47Speaker 1: a few years back at the Hard Rocks. a few
- 2:17:50Speaker 1: years back, sobered up Miami fans and realizing we weren't
- 2:17:54Speaker 1: doing enough. We didn't have enough. We're just trying. We
- 2:17:58Speaker 1: were just here to help. Just, just, just know the blowout.
- 2:18:00Speaker 1: We were here to help. Thursday's podcast. You mentioned Annie
- 2:18:04Speaker 1: Andrews fundraising as a hurdle to defeating darling Graham. Well,
- 2:18:08Speaker 1: what about straight ticket voting? How do you, pollsters account
- 2:18:11Speaker 1: for it? And how can a challenge overcome that disadvantage
- 2:18:13Speaker 1: in a state like South Carolina? I'd also love to
- 2:18:16Speaker 1: hear your thoughts on how other states have managed to
- 2:18:18Speaker 1: repeal straight ticket voting. Keep up the great work. Your
- 2:18:20Speaker 1: podcast is appointment listening to me. Well, I appreciate you
- 2:18:23Speaker 1: saying that. You know, what's funny about straight ticket voting
- 2:18:26Speaker 1: is it used to be a phenomenon of democratic machines
- 2:18:30Speaker 1: of the Northeast and in some cities in the Midwest.
- 2:18:33Speaker 1: And then you had a lot of Republican efforts in
- 2:18:36Speaker 1: the 80s and 90s to get rid of straight ticket
- 2:18:38Speaker 1: voting up and down because They thought it was preventing them.
- 2:18:41Speaker 1: And then, of course, they get majorities and they get
- 2:18:43Speaker 1: control and they decide they want straight ticket voting. You know.
- 2:18:49Speaker 1: Straight ticket voting is not popular. Voters do voters may
- 2:18:53Speaker 1: behave as partisans, but they don't like to be treated
- 2:18:56Speaker 1: as partisans. And there's a and there's a distinction. So
- 2:19:00Speaker 1: the case against straight ticket voting is easy to make
- 2:19:03Speaker 1: and nobody wants to cast a ballot for it. And,
- 2:19:06Speaker 1: you know, if it comes up, let's institute straight ticket voting.
- 2:19:11Speaker 1: voters want to believe they have a choice. Now, do
- 2:19:12Speaker 1: voters end up mostly straight ticket voting? Yeah. I think
- 2:19:17Speaker 1: about 80% of voters do that. But the voter wants
- 2:19:23Speaker 1: to decide to do that. So yeah, I think straight
- 2:19:25Speaker 1: ticket voting is a tool of authoritarianism to be straightforward
- 2:19:31Speaker 1: about it. I think it's a horrendous idea. And it
- 2:19:35Speaker 1: is always suggested by Entities in power who are afraid
- 2:19:41Speaker 1: of losing power. And we don't live in a parliamentary system.
- 2:19:49Speaker 1: Maybe if we did, you could make a better case
- 2:19:52Speaker 1: for it. But to me, there is not a case
- 2:19:55Speaker 1: anybody can make to me that this is a small
- 2:19:58Speaker 1: d democratic idea. Straight ticket voting. Voter could do what
- 2:20:05Speaker 1: they want, but to have a place where literally You
- 2:20:07Speaker 1: bubble once and the whole thing goes or you pull down.
- 2:20:11Speaker 1: And I'm surprised there are any places left that allow it.
- 2:20:19Speaker 1: Because again, no voter, no matter how partisan they are,
- 2:20:24Speaker 1: wants to admit that they would prefer straight ticket voting.
- 2:20:28Speaker 1: Because we're all independent thinkers. And we'll always tell you
- 2:20:32Speaker 1: we're independent thinkers. All right, with that, as always, I
- 2:20:36Speaker 1: appreciate uh, all of the emails. We'd love more of them.
- 2:20:41Speaker 1: Keep them coming. I do my best to get through
- 2:20:42Speaker 1: more of them, but that's why I do five or
- 2:20:44Speaker 1: six with every episode. I don't want to just do,
- 2:20:48Speaker 1: do the mailbag episode for you.
- 2:20:50Speaker 2: Right.
- 2:20:50Speaker 1: I know those are always fun, but I, I, uh,
- 2:20:54Speaker 1: I think spacing it out so that we're always in
- 2:20:57Speaker 1: a constant conversation. And I, I, what I love about
- 2:20:59Speaker 1: the questions, you allow me to touch some races that
- 2:21:01Speaker 1: sometimes I wish, um, I wish I'd touched it sooner,
- 2:21:06Speaker 1: but you guys are smart enough to bring it up
- 2:21:09Speaker 1: in questions. And so that I appreciate. So with that,
- 2:21:13Speaker 1: I'll see you in 24 hours. Thanks for listening until
- 2:21:15Speaker 1: we upload again.