Latest / Balance of Power / Pakistan Says US-Iran Arrangement is Close, Primary Day in Six States

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Pakistan Says US-Iran Arrangement is Close, Primary Day in Six States · Balance of Power

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  Speaker 2: power of the Bloomberg terminal. You can use the power
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  Speaker 2: of the Bloomberg terminal to do a lot of things.
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  Speaker 2: I right now am looking at headlines on the terminal.
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  Speaker 2: I typed in straight to see what headlines have come
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  Speaker 2: up in and around the straight of four moves. And
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  Speaker 2: doesn't this tell a story? In just the last couple
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  Speaker 2: of days. August fourth, President Trump says the Strait is
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  Speaker 2: going to be open, quote very soon. August six, President
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  Speaker 2: Trump says the Strait is sort of open now.
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  Speaker 3: On the same day, you.
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  Speaker 2: Have the President saying that the Strait is moving along good.
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  Speaker 2: Then around yesterday August tenth, that the reopening of the
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  Speaker 2: street requires that the US end it's naval blockade as
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  Speaker 2: well as payment of reparations. The very same day, President
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  Speaker 2: Trump in the Oval Office, when questioned by our colleague
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  Speaker 2: josh Win Grove said that the state isn't straight, isn't
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  Speaker 2: sort of open and or opening soon. It in fact
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  Speaker 2: is opened right now.
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  Speaker 4: I decided that Iran.
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  Speaker 5: Sir, you get us any estimated when you think the
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  Speaker 5: Strait Up moves will be.
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  Speaker 4: Perfect open now, we've taken a lot of shit. It's
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  Speaker 4: open now.
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  Speaker 6: Look, the only one that has control of the Strait
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  Speaker 6: of Home moves right now is the United States Navy.
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  Speaker 6: We have a blockade that's been infallible.
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  Speaker 5: It's a steel wall, and we let people in that
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  Speaker 5: we want to let in, and those people come in
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  Speaker 5: and they've been coming in into going out, So it's
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  Speaker 5: actually open now.
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  Speaker 7: Iran says differently that the straight up Woe moves will
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  Speaker 7: remain shut until conditions are met, as we've heard before.
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  Speaker 7: But I'll point back to what Energy Secretary Chris Wright
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  Speaker 7: posted earlier. Thanks to the court efforts of the military
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  Speaker 7: and our Gulf allies, the seven day average for oil
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  Speaker 7: leaving the Strait of Hormuz is currently up to almost
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  Speaker 7: nine million barrels a day. That's combined with the additional
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  Speaker 7: five to seven million leaving the region by pipeline. Interesting
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  Speaker 7: sort of context for the comments that we're hearing from
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  Speaker 7: the President of the United States either way. As we
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  Speaker 7: were discussing earlier, Mediator Pakistan says, we could be on
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  Speaker 7: the verge of peace that may be projecting. Let's go
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  Speaker 7: to the White House now with Tyler Kendall. Bloomberg's Washington
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  Speaker 7: correspondent is on the North Lawn, which looks a lot
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  Speaker 7: different than it did when josh Winbrove joined us last
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  Speaker 7: evening in the throes of a lightning storm. Tyler, are
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  Speaker 7: we hearing anything new from the President today? Will he
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  Speaker 7: be before cameras at all before we're done?
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  Speaker 3: Well, Joe.
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  Speaker 5: At this point, the President has a flurry of closed
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  Speaker 5: door policy meetings on his schedule, the next one set
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  Speaker 5: to start at one thirty pm Eastern, but this point
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  Speaker 5: we haven't gone indications that it will open up to
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  Speaker 5: the press. He is traveling to Ohio tonight, we haven't
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  Speaker 5: gotten an update on exactly what time he will depart.
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  Speaker 5: That's for something known as the Patriot Games. He's going
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  Speaker 5: to this youth competition for the finale there, so maybe
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  Speaker 5: journalists will be able to catch him on camera as
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  Speaker 5: he gets on and off the plane. But at this
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  Speaker 5: point we've gotten very little indication or detail on exactly
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  Speaker 5: what a potential breakthrough would look like, because as you
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  Speaker 5: both went through, we've really got headline whiplash today, some
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  Speaker 5: more optimistic Pakistani Corsiki mediator in this saying that Pakistani
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  Speaker 5: officials will be in Iran today when it comes to negotiations.
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  Speaker 5: But then publicly both sides have really been digging into
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  Speaker 5: their positions, including the fact that President Trump has now
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  Speaker 5: laid this new demand on the table that Iran should
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  Speaker 5: be accountable for compensation for families of Iranian protesters who
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  Speaker 5: have died over the last fifty years, as well as
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  Speaker 5: to take responsibility for any death or damage related to
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  Speaker 5: conflicts in areas where its proxies operate across the region,
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  Speaker 5: whether that be Lebanon, Syria, a Yemen, or Gaza. And
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  Speaker 5: that came in response to Iran saying that it was
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  Speaker 5: demanding compensation when it comes to reopening the strait of
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  Speaker 5: her moves. But Joe and Kelly, as you both know,
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  Speaker 5: that's a significant development because there had been conversations on
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  Speaker 5: the table about how to allocate funds to allow Iran
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  Speaker 5: to rebuild post conflict, but that was considered to be
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  Speaker 5: a precondition for talks about potential curves on Iran's nuclear program,
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  Speaker 5: not for reopening the Strait.
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  Speaker 2: Well, as we look for a potential deal to reopen
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  Speaker 2: the Strait, any kind of deal between the US and
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  Speaker 2: Iran or other parties in the Middle East, it seems
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  Speaker 2: that there might be a deal in the works as
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  Speaker 2: well between the United States and Canada. Tyler some headlines
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  Speaker 2: just crossing from the CBC saying that Canadian and US
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  Speaker 2: officials are aiming to present a new trade deal to
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  Speaker 2: President Trump as soon as next week.
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  Speaker 5: What do we know about this, Well, Kayley, this is
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  Speaker 5: the CBC's reporting, but it's not necessarily surprising, and I'll
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  Speaker 5: tell you why. About three weeks ago, we had that
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  Speaker 5: threat from the White House of a fifty percent tariff
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  Speaker 5: on early twenty billion dollar dollars worth of Canadian goods,
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  Speaker 5: and at the time our own analysts have Bloomberg Economics
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  Speaker 5: said that they expected these tariffs to be part of
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  Speaker 5: a negotiating tactic. Now, they were supposed to be implemented
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  Speaker 5: after thirty days. That deadline is next week, so that
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  Speaker 5: would coincide here with this reporting that we could see
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  Speaker 5: some sort of potential breakthrough when it comes to a
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  Speaker 5: trade negotiation between the two countries. Keeping in mind that
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  Speaker 5: tensions really had been brewing between President Trump and the
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  Speaker 5: Canadian Prime Minister Mark Carney. President Trump last month threatening
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  Speaker 5: that he would even impose further tariffs when it comes
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  Speaker 5: to the wildfire smoke that was coming down from Canada.
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  Speaker 5: And last month we also saw the US decline to
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  Speaker 5: renew the USMCA trade pack, setting up potentially years of
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  Speaker 5: tough negotiations. We'll see what's ultimately included in this deal,
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  Speaker 5: but the timing makes it feel like this is a
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  Speaker 5: strategic move by the US when it comes to the
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  Speaker 5: sort of leverage that they put on the table to
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  Speaker 5: get some concessions from Canada.
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  Speaker 2: And timing, as they say, is everything. Bloomberg's Tyler kind
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  Speaker 2: of live on the north lawn of the White House,
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  Speaker 2: Thank you so much.
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  Speaker 3: And as we.
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  Speaker 2: Consider the timing here, we're approximately what Joe, eighty four
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  Speaker 2: days until the midterm elections, at least speak here in Washington.
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  Speaker 3: Yes, that is exactly.
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  Speaker 2: I just wanted to make sure my number was correct
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  Speaker 2: before I acted as.
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  Speaker 3: If that was definitive. But it is definitive eighty.
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  Speaker 2: Four days to go, and we don't consider the timing
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  Speaker 2: left to get resolution to some of these very issues
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  Speaker 2: we were talking about with Tyler, whether it's questions of
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  Speaker 2: tariffs or questions of peace in the Middle East, and
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  Speaker 2: the conflict that has driven gas price is higher. The
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  Speaker 2: clock is ticking for those to trend more in the
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  Speaker 2: way of the incumbents and power here.
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  Speaker 4: Well, that's for sure.
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  Speaker 7: And what's the conventional wisdom is people start making up
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  Speaker 7: their minds on Labor Day.
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  Speaker 4: A lot of the folks we speak with Posters.
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  Speaker 7: Including Cliff Young, who was with us earlier today on Bloomberg,
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  Speaker 7: say that it's actually now, we don't need to wait
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  Speaker 7: until Labor Day, particularly in the face of the higher
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  Speaker 7: prices that we've been talking about every day, never mind
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  Speaker 7: the geopolitical confusion, the data centers.
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  Speaker 4: People are making their decisions as we speak.
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  Speaker 3: I wonder if Mark Short with that he was coated
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  Speaker 3: his decision.
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  Speaker 2: Is the former director of Legislative Affairs in the first
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  Speaker 2: Trump White House, also former chief staff to Vice President
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  Speaker 2: Mike Pence. He's now Chair of Advancing American Freedom, and
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  Speaker 2: he's here with us in our Washington d Systea. Sorry,
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  Speaker 2: I'll always good to have you here on TV and radio.
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  Speaker 2: As Joe says, our mind's made up. Now is it
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  Speaker 2: a question of Labor Day? Or did things need to
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  Speaker 2: be resolved before everybody went on their final summer vacations.
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  Speaker 8: You know, I think that the traditional thought was around
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  Speaker 8: Labor Day, and by that point I think that the
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  Speaker 8: narrative gets set in. But I think it's early on
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  Speaker 8: earlier now. I don't think there's any mystery that the
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  Speaker 8: number one issue since Donald Trump was elected has been
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  Speaker 8: affordability and that's still the number one issue. And I
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  Speaker 8: think that typically in modern American history, like last fifty
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  Speaker 8: sixty years, the party is that is out of power
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  Speaker 8: gains about twenty one seats in midterm, But in the
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  Speaker 8: situation when you have one party in control of the
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  Speaker 8: White House, the House, and the Senate, it's typically about
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  Speaker 8: forty in last fifty sixty years, about forty c gain.
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  Speaker 8: And so certainly that the Democrats right now have a
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  Speaker 8: lot of things going in their favor, and the affordability
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  Speaker 8: crisis remains the number one issue for American voters. The
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  Speaker 8: question will become, I think, how many trending socialists or
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  Speaker 8: near socialist candidates do the Democrats nominate? The kind of
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  Speaker 8: curtail what could be an even bigger, potentially win for
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  Speaker 8: them in November.
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  Speaker 7: Is that your thought when you look at Wisconsin this evening,
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  Speaker 7: Francesca Hong Thanksgiving, you're making it easier for us as your.
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  Speaker 8: Thought, I think absolutely, Jah. I think that for her,
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  Speaker 8: I think that Tom Tiffany of the Republican will be
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  Speaker 8: a forignal candidate, and I think that she's just so
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  Speaker 8: far out the mainstream that they'll be giving that the
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  Speaker 8: governor's mansion to Republicans in Wisconsin. But I think if
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  Speaker 8: you look in Congress, there's a continued push where there's
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  Speaker 8: been multiple Democratic socialists who have been nominated in the House,
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  Speaker 8: and you have some certainly outliers in the Senate like
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  Speaker 8: LSIID in Michigan. I think creating for Republicans that says,
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  Speaker 8: look at how far crazy the Democrats have become, and
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  Speaker 8: the Democrats are not really popular right now, and socialism
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  Speaker 8: is even less popular. So even though the presence numbers
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  Speaker 8: are down, it seems in May cases where Democrats are
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  Speaker 8: offering the alternative, it's not really what votes you're looking
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  Speaker 8: for either.
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  Speaker 2: Well, So I've been wondering here about the kind of
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  Speaker 2: pattern where you're seeing where you saw, for example, people
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  Speaker 2: who were Obama voters became Trump Pence voters in twenty
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  Speaker 2: sixteen after voting for Obama previously. Maybe some of them
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  Speaker 2: swung back to Biden, maybe some stuck with President Trump
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  Speaker 2: on the economic grounds you were talking about. Could we
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  Speaker 2: not see that extreme swing once again? If there is
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  Speaker 2: that kind of horseshoe theory of politics, and the lines
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  Speaker 2: between socialism and populism maybe at sometimes blurred.
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  Speaker 8: Aki, I think it's odd that in a Republican administration,
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  Speaker 8: just a couple of weeks ago, we had administration talking
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  Speaker 8: about price gallengy and need to go after Exon and
• 9:50
  Speaker 8: chevrun at the lower gas price.
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  Speaker 3: He wants to take stakes and say ai.
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  Speaker 8: I have a record number of state owned enterprises now
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  Speaker 8: in a Republican administration obviously have huge protections tariffs, and
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  Speaker 8: so to the horseshoe theory, I remember campaigning on the
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  Speaker 8: campaign shop on twenty sixteen, and there are a lot
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  Speaker 8: of signs of Bernie Sanders yard science that became Trump signs.
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  Speaker 8: So when Hillary defeated Bernie, those voters came over to Trump.
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  Speaker 8: And there's no doubt that the president is flexing more
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  Speaker 8: of his populous economic message as opposed the first administration conservative,
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  Speaker 8: and so you make a great point. It's for a
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  Speaker 8: lot of voters who are looking for actually the government
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  Speaker 8: to get out of the economy. It's not as if
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  Speaker 8: Republicans are offering a clear contrast right now to Democrats.
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  Speaker 7: When he considered the idea of forty seats though, going
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  Speaker 7: to Democrats. We talked to Susan del Benet yesterday. The
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  Speaker 7: d Triple C is just adding to the battleground map,
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  Speaker 7: and they added twelve more seats last week. French Hill,
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  Speaker 7: the chairman of the House Financial Services Committee, Mike Flood,
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  Speaker 7: was on there. Do we get to the point where
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  Speaker 7: I know history matters? But Mark Short rolls his eyes
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  Speaker 7: at some of these.
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  Speaker 8: I do. And in some cases, when you have that
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  Speaker 8: much momentum and you have a lot of resources to put,
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  Speaker 8: you begin placing seats that just are for news stories.
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  Speaker 8: So people begin thinking, oh, the map could even be larger.
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  Speaker 8: I don't anticipate it being forty because I think there's
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  Speaker 8: new challenges right now. For one, there's been so much
• 11:12
  Speaker 8: redistricting that has favored Republicans mid mid cycle right now
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  Speaker 8: that should gain Republicans in net have about ten seats,
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  Speaker 8: but two our districts and work are more. There's fewer
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  Speaker 8: competitive districts today than there used to be, and so
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  Speaker 8: I do think that there's a lot of momentum Democrats
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  Speaker 8: have currently, but I think those headwinds are not going
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  Speaker 8: to They're going to be shaving off some of that
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  Speaker 8: cap that.
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  Speaker 4: They can have.
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  Speaker 2: Well, as we consider the kind of notion of some
• 11:39
  Speaker 2: of those districts that have been redistricting. You've been on
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  Speaker 2: this program before, Mark talking about how that could actually
• 11:43
  Speaker 2: backfire in some instances against Republicans because you're watering down
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  Speaker 2: districts that aren't as far deep red as they would
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  Speaker 2: have been otherwise. If this is even districts that are
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  Speaker 2: Trump plus ten, is this a safe year to assume
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  Speaker 2: that a Trump plus ten district is going.
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  Speaker 4: Yell kill you?
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  Speaker 8: Right, it's about I think it's about A plus ten
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  Speaker 8: is where you actually have the cut off line. And
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  Speaker 8: you're right that you know in many cases some of
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  Speaker 8: those lines are redrawn were in states like Texas. In Texas,
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  Speaker 8: it doesn't look as strong for Republicans right now because
• 12:15
  Speaker 8: certainly the packs and dramas weighed down a lot of
• 12:17
  Speaker 8: Republicans across the state. So you're exactly right, you could
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  Speaker 8: see some of those redrawn seats that actually end up
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  Speaker 8: flipping for Democrats. Having said that, I still think that
• 12:26
  Speaker 8: the redrawing districts will be a net gain for Republicans,
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  Speaker 8: but potentially not as significant as they thought it would be.
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  Speaker 7: I'd love to ask you about what's happening or will
• 12:34
  Speaker 7: happen on Capitol Hill when lawmakers come back. Senate went
• 12:37
  Speaker 7: home last weekend. Everyone's gone through August. We know the
• 12:40
  Speaker 7: deal here, but not a lot got done. In fact,
• 12:42
  Speaker 7: a lot of things were left on the side of
• 12:44
  Speaker 7: the road, including the Clarity Act, which we've talked about
• 12:46
  Speaker 7: a lot. There are questions about what the House will
• 12:48
  Speaker 7: do with the CR when it comes back around. How
• 12:50
  Speaker 7: much order or disorder will we see you after five
• 12:53
  Speaker 7: weeks on the LAMB would I would encourage.
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  Speaker 8: You to continue to think not much will get done. Yeah,
• 13:00
  Speaker 8: there's no exit, the pass will be the futures shut
• 13:03
  Speaker 8: down there.
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  Speaker 4: I think, particularly when.
• 13:04
  Speaker 8: You when you're an election year, members are really anxious
• 13:07
  Speaker 8: to get home and go back to campaigning. So I
• 13:10
  Speaker 8: would anticipate you will see a CR complete at this point,
• 13:13
  Speaker 8: which I think was a question because I think that
• 13:16
  Speaker 8: the shutdown actually in some ways benefited Democrats before. I
• 13:18
  Speaker 8: think there's a lot of questions of would they pursue
• 13:20
  Speaker 8: that same political strategy. It appears not. That appears that
• 13:23
  Speaker 8: we will keep the government open, which is a positive,
• 13:26
  Speaker 8: but I don't know how much more is really get done.
• 13:29
  Speaker 8: You might see the Senate pass the Clarity Act, but
• 13:31
  Speaker 8: actually getting to reconcile the two bills and get anything
• 13:35
  Speaker 8: past that, And I think if you're looking at a
• 13:37
  Speaker 8: bigger reconcilation three point zero, maybe a slim chance of
• 13:40
  Speaker 8: that in a lame duck session, but I don't anticipate
• 13:43
  Speaker 8: seeing that in September.
• 13:44
  Speaker 4: Wow, Wow, incredible.
• 13:45
  Speaker 3: What about me? Yeah, certainly.
• 13:48
  Speaker 5: So.
• 13:48
  Speaker 2: What about the Russia sanctions bill that the Senate passed
• 13:50
  Speaker 2: huge bipartisan margin, But is that necessarily a mandate for
• 13:54
  Speaker 2: this House?
• 13:55
  Speaker 8: I think that the House will support it as well. Okay,
• 13:57
  Speaker 8: I do think you've seen Democrats who want occurtain tail
• 14:00
  Speaker 8: some of the tariff authority that's provided to the president
• 14:03
  Speaker 8: under that bill. It feels to me that's kind of
• 14:06
  Speaker 8: specific to Russia. But I do think you'll see the
• 14:08
  Speaker 8: House change some of the bill, but I still thinking
• 14:11
  Speaker 8: to see it get to the president's desk.
• 14:13
  Speaker 4: It's great to have you back with us. As always,
• 14:14
  Speaker 4: I hope you someone's going well.
• 14:15
  Speaker 8: Thanks for having me.
• 14:18
  Speaker 7: Mark Short a chairman advancing American Freedom and of course,
• 14:22
  Speaker 7: in his time at the White House in the first
• 14:24
  Speaker 7: Trump administration, he was chief of Staff to Vice President
• 14:27
  Speaker 7: Mike Pence and was the Director of Legislative Affairs connecting
• 14:32
  Speaker 7: both ends of Pennsylvania Avenue for us, I'm Joe Matthew
• 14:34
  Speaker 7: alongside Kaylee Lines in Washington.
• 14:37
  Speaker 4: It is Primary Day. Happy Primary Day.
• 14:39
  Speaker 7: We'll assemble our political panel next Rick Davis and Genie Shanzano.
• 14:42
  Speaker 7: With voting under way today in six states. We have
• 14:45
  Speaker 7: to remember the special in South Carolina what that might
• 14:48
  Speaker 7: mean for the future of the late Lindsay Graham's Senate seat.
• 14:51
  Speaker 7: It's all straight ahead on Balance of Power only here
• 14:53
  Speaker 7: on Bloomberg.
• 14:54
  Speaker 4: Stay with us on Balance of Power. We'll have much
• 14:56
  Speaker 4: more coming up after this.
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• 15:20
  Speaker 3: On this Tuesday, and not just any Tuesday.
• 15:22
  Speaker 2: Once again, it is a primary Tuesday here in the
• 15:25
  Speaker 2: US across six different states, with a few races in
• 15:28
  Speaker 2: particular in focus as we look for signals on the
• 15:31
  Speaker 2: future direction of the Democratic Party. Could we see echoes
• 15:34
  Speaker 2: of what we saw in Michigan last week with the
• 15:36
  Speaker 2: victory of progressive Abdul I'll say it, in the Wisconsin
• 15:39
  Speaker 2: gubernatorial primary, where Democratic socialist Francesca Hong does look like
• 15:43
  Speaker 2: she could ultimately come out victorious in the vote today.
• 15:46
  Speaker 2: There's questions as well in the Democratic Senate primary in Minnesota,
• 15:49
  Speaker 2: trying to buy for the seat being vacated by Democratic
• 15:52
  Speaker 2: Senator Tina Smith. You have a more progressive candidate in
• 15:55
  Speaker 2: Lieutenant Governor Peggy Flanagan, up against a moderate in Congresswoman
• 16:00
  Speaker 2: Angie Craig. There are other races we're watching as well.
• 16:03
  Speaker 2: The my Pillow guy is running for governor in Minnesota.
• 16:06
  Speaker 2: President Trump is backing him. I'm not sure how far
• 16:09
  Speaker 2: his endorsement could go ultimately in that race, or how far, frankly,
• 16:12
  Speaker 2: it will go in the race happening in South Carolina today,
• 16:15
  Speaker 2: the Republican primary to fill the seat permanently vacated by
• 16:18
  Speaker 2: the late Senator Lindsay Graham. Of course, currently his sister,
• 16:21
  Speaker 2: Darlene Graham is in that seat, and she is running
• 16:24
  Speaker 2: for it on a long term basis.
• 16:26
  Speaker 7: Is Lynde l TV covering the campaigns of the MyPillow.
• 16:29
  Speaker 3: Guy inflective interest. I don't know how much that matters.
• 16:33
  Speaker 4: I haven't seen.
• 16:34
  Speaker 7: We want to get to our political panel because there's
• 16:36
  Speaker 7: a lot to talk about here. You just framed the
• 16:38
  Speaker 7: two states most important for primaries with regard to this
• 16:42
  Speaker 7: whole democratic socialist narrative, Minnesota and Wisconsin.
• 16:45
  Speaker 4: We're also deeply curious though about.
• 16:47
  Speaker 7: This special in South Carolina, because it does look like
• 16:49
  Speaker 7: it's going to a runoff. Bloomberg Politics contributors Geenie Shanzano
• 16:52
  Speaker 7: and Rick Davis join us now. Genie is our democratic
• 16:55
  Speaker 7: analyst and democracy visiting fellow at Harvard Kennedy Center's Ash School,
• 16:59
  Speaker 7: and Rick is our Republican strategist partner at Stone Court Capital. Genie,
• 17:04
  Speaker 7: I know you're looking at these states as well, and
• 17:06
  Speaker 7: we've heard a heck of a lot over the past
• 17:09
  Speaker 7: couple of weeks about Francesca Hong. She's become a household
• 17:13
  Speaker 7: name because of her commentary on Thanksgiving, which by the way,
• 17:16
  Speaker 7: she has recanted. I guess she's going to keep the
• 17:20
  Speaker 7: holiday in place here. But she's up against a moderate Democrat,
• 17:23
  Speaker 7: Milwaukee County Executive David Crowley, And this is the latest
• 17:26
  Speaker 7: example of what we've been talking about so much.
• 17:29
  Speaker 4: What will it mean for Democrats if she wins?
• 17:36
  Speaker 9: You know, I think, first of all, we have to
• 17:37
  Speaker 9: be very cautious, as we all talked about, looking at
• 17:40
  Speaker 9: the Michigan polls and how l Sied pulled it out
• 17:43
  Speaker 9: by a much narrower margin. So while some of these
• 17:46
  Speaker 9: primary polls have her winning with double digits, I don't
• 17:50
  Speaker 9: know if we can trust those primary polls. Very hard
• 17:54
  Speaker 9: to pull these things. And of course this has been
• 17:57
  Speaker 9: a really tough election season for the establishment in the
• 18:01
  Speaker 9: Badger State. I mean, David Crowley was in the race,
• 18:05
  Speaker 9: got out of the race, jump back in the race
• 18:07
  Speaker 9: with the sort of urging of the governor Tony Evers.
• 18:10
  Speaker 9: Pong has stayed in it. Pong has been on the
• 18:13
  Speaker 9: cutting edge of many issues, including data centers, which we
• 18:17
  Speaker 9: talk a lot about. She's been out front there, and interestingly,
• 18:21
  Speaker 9: she has spent so much less money than any of
• 18:25
  Speaker 9: her competitors, like Tom Tiffany on advertising is like over
• 18:29
  Speaker 9: seven million, she's under four hundred thousand. And David Crowley
• 18:34
  Speaker 9: just in July doubled her spending. And why can she
• 18:38
  Speaker 9: do that and still be number one? Because Number one,
• 18:41
  Speaker 9: she's getting support from the Republicans who want to see
• 18:44
  Speaker 9: her win this primary. Number two, because she's going outside
• 18:49
  Speaker 9: of a traditional sort of television spending. So it's been
• 18:53
  Speaker 9: a fascinating race. I think it's going to be tough
• 18:56
  Speaker 9: for her to pull it through. She hasn't even had
• 18:58
  Speaker 9: the endorsements of Bernie sand Is, Alexander Cosiocordy, a sand biker,
• 19:02
  Speaker 9: and all of those other sort of well known socialists,
• 19:06
  Speaker 9: if you will, So it's going to be a tough
• 19:08
  Speaker 9: race for her. I would not be surprised whoever won.
• 19:12
  Speaker 9: But both sides have issues. In the Democratic side.
• 19:16
  Speaker 3: Yeah, Rick, I wanted to ask you about that. Do
• 19:18
  Speaker 3: you read into the.
• 19:19
  Speaker 2: Lack of endorsement from those key progressive players like Senator
• 19:22
  Speaker 2: Bernie Sanders, because Francesca Hank's campaign is writing it off
• 19:25
  Speaker 2: as this isn't a race for a seat in Congress
• 19:28
  Speaker 2: or the Senate, this is a state race.
• 19:31
  Speaker 6: No.
• 19:31
  Speaker 10: I mean, Bernie Sanders would be all over this race
• 19:34
  Speaker 10: if he thought she has a credible candidate. And I
• 19:37
  Speaker 10: don't know if it's about her views on a round Thanksgiving.
• 19:39
  Speaker 4: There are some years where the.
• 19:41
  Speaker 10: Deep Fried turkey that I made kind of put a
• 19:44
  Speaker 10: spoil on Thanksgiving, and there are probably people who felt
• 19:46
  Speaker 10: the same way she did.
• 19:47
  Speaker 4: But that's just me.
• 19:49
  Speaker 10: The reality of it is is she's not a great candidate.
• 19:52
  Speaker 10: She hasn't really committed herself to the race in a
• 19:55
  Speaker 10: way that serious candidates do.
• 19:57
  Speaker 4: And I would remind everybody the only.
• 19:59
  Speaker 10: Reason Crowley in and out and in and out was
• 20:01
  Speaker 10: because Sarah Ferguson, it was a lieutenant governor totally screwed
• 20:04
  Speaker 10: up her own campaign and malfeas it's around the funding
• 20:07
  Speaker 10: of it. And so yeah, this is a campaign that's
• 20:10
  Speaker 10: had a lot of stumbles. But look what's not stumbling
• 20:13
  Speaker 10: the Republican nominee Tom Tiffany, assuming after today he's the nominee,
• 20:18
  Speaker 10: thirteen million.
• 20:19
  Speaker 4: Dollars in the bank.
• 20:20
  Speaker 10: It's only been six years since Scott Walker left the
• 20:22
  Speaker 10: governorship and Trump, you know, won Wisconsin by forty nine percent.
• 20:28
  Speaker 10: I mean, like this is a state a Republican can win.
• 20:30
  Speaker 10: So I know there's a lot of focus on another
• 20:32
  Speaker 10: DSA candidate running, you know, that could win in the primary.
• 20:37
  Speaker 10: And I agree with Genie. These polls have all been
• 20:40
  Speaker 10: more wrong than right on these, especially statewide primaries. And
• 20:46
  Speaker 10: I wouldn't be surprised if you know, we're talking about
• 20:49
  Speaker 10: Republican governor in Wisconsin even in one of the worst
• 20:53
  Speaker 10: years for Republicans that we're going to have seen in
• 20:56
  Speaker 10: a long time.
• 20:57
  Speaker 7: Well, that's saying a lot, Rick, I'm curious your thoughts.
• 21:00
  Speaker 7: In South Carolina. We talked a lot about Lindsey Graham
• 21:04
  Speaker 7: when he passed away and the choice that the President
• 21:08
  Speaker 7: made to put his sister in place. Now Senator Darlene
• 21:12
  Speaker 7: Graham is going to find out what a Trump endorsement
• 21:16
  Speaker 7: is worth in South Carolina. She's up against some pretty
• 21:20
  Speaker 7: well known folks, including Ralph Norman, the Freedom Caucus Republican
• 21:23
  Speaker 7: congressman's been on this program many times and is well
• 21:27
  Speaker 7: known in the state. Rick, the conventional wisdom is this
• 21:30
  Speaker 7: goes to a runoff. Do you believe that's the case
• 21:34
  Speaker 7: and is it a name recognition issue for Darlene Graham?
• 21:38
  Speaker 10: Yeah, I mean this is a race where you really
• 21:39
  Speaker 10: don't have any polling data to speculate on whether it's
• 21:43
  Speaker 10: right or wrong, And so the reality is it's exactly
• 21:47
  Speaker 10: what you said, Joe. Does Donald Trump's endorsement put somebody
• 21:52
  Speaker 10: over the top. I think in the Emerson Paul that
• 21:55
  Speaker 10: was taken before everybody really got in the race, forty
• 21:59
  Speaker 10: six percent said they would go with a Trump endorsement.
• 22:02
  Speaker 10: That's still not fifty one percent, which you need to
• 22:05
  Speaker 10: avoid a runoff. So I think that puts Darlene in
• 22:08
  Speaker 10: the runoff. It's just who's going to go with her?
• 22:11
  Speaker 10: Ralph Norman, you know, he's been in the news a
• 22:13
  Speaker 10: lot over the last couple of years. A once in
• 22:17
  Speaker 10: future politician Mark Sandford is in this race. He could overperform.
• 22:23
  Speaker 10: I mean, there are a lot of people in that
• 22:24
  Speaker 10: down ticket who could surprise folks. But the bottom line is,
• 22:28
  Speaker 10: then what does the state look like when you got
• 22:29
  Speaker 10: a one on one in two weeks to run an election?
• 22:33
  Speaker 10: And I'd still say advantage Darlene Graham at that point,
• 22:36
  Speaker 10: with the weight of the administration and the governor behind her.
• 22:40
  Speaker 2: Does the weight of the administration and the president go
• 22:42
  Speaker 2: as far If you're the former CEO and founder of
• 22:45
  Speaker 2: my Pillow Jennie. Mike Lindell is running for governor in Minnesota.
• 22:49
  Speaker 2: The President is backing him. He took to True Social
• 22:52
  Speaker 2: to reiterate again this morning that he hopes Mike Lindell
• 22:54
  Speaker 2: wins big in Minnesota this evening.
• 22:57
  Speaker 3: A big win he said he deserves.
• 23:00
  Speaker 2: Even if he is able to pull it off in
• 23:01
  Speaker 2: the primary, which pulling doesn't necessarily suggest he will, would
• 23:04
  Speaker 2: he stand a chance against Senator Amy klobach Ar or
• 23:07
  Speaker 2: the Democratic nominee presumptively, Yeah.
• 23:10
  Speaker 9: That would be a very tough race for Republicans win.
• 23:13
  Speaker 9: To your point, Kayley, even if the pillow man, as
• 23:16
  Speaker 9: I like to call him, does indeed win, you know,
• 23:19
  Speaker 9: Minnesota very tough for the GOP. In the same way,
• 23:22
  Speaker 9: I would say that South Carolina, which Rick can correct me,
• 23:26
  Speaker 9: I think Lindsay Graham used to say, could also be
• 23:28
  Speaker 9: called Trump is Gone, is very hot for Democrats regardless
• 23:32
  Speaker 9: of who win.
• 23:33
  Speaker 3: But both of.
• 23:34
  Speaker 9: These races are really testing Donald Trump's endorsement power, and
• 23:39
  Speaker 9: to your point, he's gone all in. But South Carolina
• 23:43
  Speaker 9: is fascinating because, don't forget last time around he endorsed
• 23:47
  Speaker 9: two candidates. So if this goes to a runoff. I
• 23:49
  Speaker 9: wouldn't be surprised if he does the same.
• 23:53
  Speaker 4: All right, I'll take this seriously for a minute.
• 23:55
  Speaker 7: Rick Mike Lindell at the Minnesota Farmfest told the crowd
• 24:01
  Speaker 7: in the in the big barn set up there that
• 24:03
  Speaker 7: he has the edge on the rest of the field. Quote,
• 24:08
  Speaker 7: I can call up and work with the President of
• 24:11
  Speaker 7: the United States unquote.
• 24:13
  Speaker 4: Is that actually worth something?
• 24:16
  Speaker 1: Yeah?
• 24:17
  Speaker 10: I mean a relationship with Donald Trump's gotten a lot
• 24:19
  Speaker 10: of Republicans through primaries, usually through an endorsement, and I
• 24:23
  Speaker 10: think that that that has to go here too, right,
• 24:26
  Speaker 10: I mean, we have to assume that, you know, his
• 24:29
  Speaker 10: relationship with the president, which is notorious, is has got
• 24:35
  Speaker 10: to be an advantage. That being said, most of the
• 24:37
  Speaker 10: polling in the state shows he's the weakest Republican candidate
• 24:40
  Speaker 10: against Amy Klobachar, Like, if you actually thought about, gee,
• 24:43
  Speaker 10: we'd like a Republican to win, he'd be your last choice.
• 24:47
  Speaker 10: So I think, you know, there'll be a lot of
• 24:49
  Speaker 10: head scratching on election night tonight when if he if
• 24:53
  Speaker 10: he wins, and a lot of a rolling of eyes
• 24:58
  Speaker 10: on the Democratic side if he doesn't.
• 25:00
  Speaker 7: I think you were saying earlier, Kelly imagine the debate
• 25:02
  Speaker 7: between lyn Dell and Clobashar. Surely he'd show up with
• 25:06
  Speaker 7: grafts and an easel of some sort and a pillow.
• 25:09
  Speaker 4: Maybe a pillow.
• 25:09
  Speaker 2: Maybe, although we should note he is no longer the CEO,
• 25:12
  Speaker 2: still on the board, that he's no longer the chief
• 25:14
  Speaker 2: executive because he wanted to focus on the campaign.
• 25:16
  Speaker 3: The campaign could end tonight. It maybe will not. Genie.
• 25:20
  Speaker 2: The other race we're watching in that same state, Minnesota,
• 25:23
  Speaker 2: as the race to be the next senator replacing the
• 25:25
  Speaker 2: Democrat Tina Smith. You have the Lieutenant Governor Paggi Flanagan,
• 25:28
  Speaker 2: who's backed by the likes of Elizabeth Warren. She's the
• 25:31
  Speaker 2: more progressive Canada. Then you have the moderate in Congresswoman
• 25:34
  Speaker 2: Angie Craig. How much of a tell could this also
• 25:37
  Speaker 2: be on the trajectory of your party?
• 25:40
  Speaker 9: You know, I do think it is gonna be interesting
• 25:43
  Speaker 9: because Angie Craig, of course, when she won, she was
• 25:47
  Speaker 9: more of a centrist. She had to be at the
• 25:49
  Speaker 9: time she ran and won. And now she's being called
• 25:53
  Speaker 9: to the mat by flann again about things like the
• 25:55
  Speaker 9: Lincoln Riley actor vote for that she's trying to walk
• 25:59
  Speaker 9: that back and a lot of discussion obviously in this
• 26:02
  Speaker 9: race about issues of immigration. So I do think this
• 26:07
  Speaker 9: will be fascinating to see if Flanagain can pull this off.
• 26:11
  Speaker 9: But like in so many of these races, I think
• 26:14
  Speaker 9: for voters on the ground, the more the establishment Democrats
• 26:18
  Speaker 9: try to say we should be selected because we are
• 26:22
  Speaker 9: electable in November because Flan Again, or if you look
• 26:26
  Speaker 9: at long, you know, five years ago they said something
• 26:29
  Speaker 9: that was, you know, quite bizarre about Thanksgiving that really
• 26:34
  Speaker 9: falls flat for many people on the ground in a
• 26:37
  Speaker 9: Donald Trump's era, when it seems like people are saying
• 26:40
  Speaker 9: all kinds of things on social media with no repercussions,
• 26:43
  Speaker 9: and the Democratic establishment can't even get their own candidates
• 26:47
  Speaker 9: over the line. And so that's where I think they
• 26:50
  Speaker 9: have to really do a better job, this establishment speaking
• 26:54
  Speaker 9: to this progressive wing of the party.
• 26:58
  Speaker 2: All right, Jeanie Shanzeno and Rick Davis, Bloomberg Politics contributors
• 27:02
  Speaker 2: in our political panel today, thanks for joining us on
• 27:04
  Speaker 2: Balance of Power right here.
• 27:05
  Speaker 4: Stay with us on Balance of Power. We'll have much
• 27:07
  Speaker 4: more coming up after this.
• 27:12
  Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Catch
• 27:15
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• 27:18
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• 27:22
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• 27:25
  Speaker 1: flagship New York station Just Say Alexa played Bloomberg eleven thirty.
• 27:31
  Speaker 7: So on what is a primary day, we don't have
• 27:34
  Speaker 7: that many big ones like this. Left six states are
• 27:36
  Speaker 7: voting today, which is interesting because we've been hearing mainly
• 27:39
  Speaker 7: about Wisconsin, and we're going to talk about Wisconsin with Cliff.
• 27:42
  Speaker 4: Young in a moment.
• 27:43
  Speaker 7: But you've got Minnesota, Connecticut, Vermont, Alabama, and then you've
• 27:47
  Speaker 7: got the special in South Carolina, which is not so
• 27:50
  Speaker 7: much the same deal here as the other states, because
• 27:54
  Speaker 7: this is the seed that was held, of course by
• 27:55
  Speaker 7: Lindsay Graham, and his sister is going to be involved,
• 27:59
  Speaker 7: having been endorsed by President Trump, Senator Darlene Graham.
• 28:03
  Speaker 4: She's already in.
• 28:04
  Speaker 7: Town here will test the value of this endorsement in
• 28:09
  Speaker 7: what is expected to likely turn into a runoff. Remember
• 28:14
  Speaker 7: Ralph Norman Freedom Caucus Republicans South Carolina has been on
• 28:17
  Speaker 7: the program a number of times and it's expected that
• 28:20
  Speaker 7: he might be the other one to finish with less
• 28:23
  Speaker 7: than fifty percent. Then this will go to a runoff,
• 28:25
  Speaker 7: and we'll have this decide this in a couple of
• 28:27
  Speaker 7: other a couple of weeks from now. The other states
• 28:31
  Speaker 7: that we're talking about, though, are going to be important,
• 28:32
  Speaker 7: and yes, beginning with Wisconsin with another Democratic socialist on
• 28:36
  Speaker 7: the ballot, Republicans looking to connect the dots on this
• 28:39
  Speaker 7: narrative across the country, they may well have their opportunity.
• 28:41
  Speaker 7: This is Francesca Hong, the woman who wanted to cancel Thanksgiving.
• 28:47
  Speaker 7: She has since recanted that idea, But this is just
• 28:50
  Speaker 7: jogging your memory here because you can't keep track of
• 28:52
  Speaker 7: them all. Wisconsin Democratic gubernatorial primary. The moderate Democrat in
• 28:57
  Speaker 7: this race here, Milwaukee County Executive David Crowley. Park that
• 29:02
  Speaker 7: where you are, because we want to sit the baseline
• 29:04
  Speaker 7: with some important polling. And I mentioned to you that
• 29:07
  Speaker 7: Cliff Young was coming in and when I look at
• 29:08
  Speaker 7: the headline on his newest deck here that he brought
• 29:12
  Speaker 7: to us a balance of power. It's difficult electoral season
• 29:16
  Speaker 7: for party in power, and we're going to get into
• 29:19
  Speaker 7: the whole inter party fight in the Democratic Party as well.
• 29:23
  Speaker 7: But let's remember what we're talking about here. In August
• 29:25
  Speaker 7: of twenty twenty six, he's a of course Polster and
• 29:28
  Speaker 7: chair at ipso's Public Affairs and visiting professor at Texas
• 29:31
  Speaker 7: A and M's Bush School.
• 29:32
  Speaker 4: Great to see you, Baxter. Welcome as always to Bloomberg.
• 29:35
  Speaker 3: It's great to be here.
• 29:37
  Speaker 7: When you look at the baseline on a night like
• 29:39
  Speaker 7: this and you consider, to your point the context around
• 29:42
  Speaker 7: these numbers, context and approval ratings. This is still according
• 29:46
  Speaker 7: to many and you put odds on it, and I
• 29:48
  Speaker 7: want to talk about some of the modeling that you've
• 29:51
  Speaker 7: been doing. This is Democrats house to lose in November?
• 29:55
  Speaker 6: Yes, yes, this will be a difficult year for the
• 29:59
  Speaker 6: president and his party, Republicans. Lots of headwinds and it's
• 30:03
  Speaker 6: a democratic year and you know, as the mood goes
• 30:07
  Speaker 6: typically goes the House. And we're putting fairly at high
• 30:13
  Speaker 6: likelihood for the Democrats taking the House this year. Obviously
• 30:17
  Speaker 6: the sense a little bit different where I do syncratic
• 30:20
  Speaker 6: brands matter and we'll go into more detail there.
• 30:23
  Speaker 4: But yes, this is a blue year. The question really
• 30:26
  Speaker 4: is by how much eighty two percent odds I think
• 30:28
  Speaker 4: you're throwing on.
• 30:31
  Speaker 6: For taking the House. Yes, it's pretty high, even with redistrictives.
• 30:35
  Speaker 6: You know, obviously the distance the gap could be small,
• 30:38
  Speaker 6: it could be large. That's the critical question today. But
• 30:42
  Speaker 6: moving enough seats the other way, that is, from red
• 30:45
  Speaker 6: to blue. We think there's enough there given the mood
• 30:48
  Speaker 6: of the country today, and.
• 30:49
  Speaker 7: A lot of that is because of the economy. Economic
• 30:51
  Speaker 7: uncertainty declines but remains elevated as you're write, with your
• 30:56
  Speaker 7: news based policy uncertainty index spiking at the top of
• 31:02
  Speaker 7: the second Trump administration, with the Terariff regime volatile at
• 31:06
  Speaker 7: best since then. But it also speaks to what's happening
• 31:10
  Speaker 7: inside the Democratic primary right in a state like Wisconsin,
• 31:13
  Speaker 7: where you've got someone a self once again labeled democratic
• 31:17
  Speaker 7: socialist being seen as a front runner in a campaign
• 31:22
  Speaker 7: that many couldn't have imagined a couple of years ago.
• 31:25
  Speaker 6: This is all based on the same number here is yeah, exactly.
• 31:27
  Speaker 6: So overall, the mood is a very blue right. It
• 31:32
  Speaker 6: favors the Democrats, but like the Republicans, the Democrats too
• 31:36
  Speaker 6: have issues with their base. There's a fracturing going on.
• 31:40
  Speaker 6: It's very clear the polling. At least a third to
• 31:43
  Speaker 6: forty percent of Democrats identify as social Democrats. Now the
• 31:47
  Speaker 6: devil's in the details, because it doesn't it doesn't mean
• 31:50
  Speaker 6: the same thing to everyone, to all people. It varies there,
• 31:55
  Speaker 6: but there is a degree of exposure the Democrats are
• 31:58
  Speaker 6: exposing themselves, include Michigan as well. Obviously sided winning as well.
• 32:03
  Speaker 6: We even reduce the odds of Democrats keeping that seat
• 32:07
  Speaker 6: because of that, but definitely like like let's say, you
• 32:11
  Speaker 6: know the Mega megabase the far right, which exposes the
• 32:15
  Speaker 6: Republicans social Democrats in certain states exposes them.
• 32:19
  Speaker 4: Doesn't matter what color are your stripes.
• 32:23
  Speaker 7: Cost of living the top issue for Americans period overall
• 32:26
  Speaker 7: forty eight percent, for Democrats forty three percent, for Republicans
• 32:30
  Speaker 7: forty six percent, and it keeps getting higher for independence
• 32:33
  Speaker 7: fifty three percent. This is fascinating. Taken at the end
• 32:37
  Speaker 7: of July into the beginning of August. This is fresh
• 32:40
  Speaker 7: data here, and it speaks very loudly to the point
• 32:43
  Speaker 7: you're making.
• 32:44
  Speaker 4: Yeah, and you see it everywhere.
• 32:45
  Speaker 6: In other words, in national polls, it's about making ends meet.
• 32:49
  Speaker 6: It's about the cost of things. You go into the
• 32:52
  Speaker 6: state to do state poles. It's the same thing. It
• 32:54
  Speaker 6: doesn't matter if you're red or blue or purple. It's
• 32:57
  Speaker 6: a general concern for Americans and the party that's sitting
• 33:01
  Speaker 6: in the seat today is the Republicans. They are in
• 33:05
  Speaker 6: the seat and they'll be punished for it. And that's
• 33:08
  Speaker 6: one of the biggest reasons why this is really a
• 33:12
  Speaker 6: blue year, a democratic year in our minds.
• 33:13
  Speaker 7: You know what's really interesting, which party has a better
• 33:16
  Speaker 7: approach to cost of living? Democrats win here and it's
• 33:19
  Speaker 7: not actually very close. Thirty five percent go with these,
• 33:22
  Speaker 7: twenty seven percent go with ours. This is turning upside
• 33:26
  Speaker 7: down what most polls have shown over the last decade.
• 33:29
  Speaker 7: Do Democrats deserve this or is this moral statement on
• 33:33
  Speaker 7: the way the administration's handling the account?
• 33:35
  Speaker 6: Well, that does a very interesting question. So yes, over
• 33:38
  Speaker 6: the decades, not just the last decades, but we're talking
• 33:40
  Speaker 6: the last fifty years, Republicans have been always seen as
• 33:43
  Speaker 6: being stronger on the economy and economic issues. Yeah, sometimes
• 33:47
  Speaker 6: that shifts a bit depending on a given moment, but
• 33:50
  Speaker 6: for the most part, Republicans are stronger than Republican Democrats
• 33:53
  Speaker 6: on the issue. Democrats are we need to be opportunistic,
• 33:58
  Speaker 6: and this is an opportunity for them. We don't know
• 34:01
  Speaker 6: if it's long term there's a structural shift. Probably not.
• 34:04
  Speaker 6: That said, in other words, taking advantage of the moment
• 34:07
  Speaker 6: for them. But that said, Democratic Socialists have an interesting
• 34:14
  Speaker 6: message of redistribution, of worried about the average little guy,
• 34:19
  Speaker 6: the average American little guy. This dovetails or is linked
• 34:23
  Speaker 6: to this issue of affordability, and we'll see could they
• 34:27
  Speaker 6: be reframing the reframing it at least in part. The
• 34:31
  Speaker 6: Democrat party and its issues we will only see over time,
• 34:35
  Speaker 6: but I think it's an interesting moment.
• 34:37
  Speaker 7: I love that you ran numbers on data centers because
• 34:39
  Speaker 7: I feel like we're hearing more about it than any
• 34:42
  Speaker 7: specific issue under the affordability umbrella, and that I realized
• 34:46
  Speaker 7: there's a nimbi side to this as well. Present that
• 34:50
  Speaker 7: strongly or somewhat support construction of new data centers or
• 34:55
  Speaker 7: one being built within their community. It's really interesting the
• 34:58
  Speaker 7: way you frame this for all Democrats one percent new
• 35:00
  Speaker 7: data center, fourteen percent in their own community. When you
• 35:04
  Speaker 7: start splitting this up by party, Republicans are clearly more
• 35:08
  Speaker 7: in favor of this trend, but we are seeing some
• 35:11
  Speaker 7: bipartisan concern.
• 35:13
  Speaker 6: Yeah, they're more in favor, but you still only have
• 35:15
  Speaker 6: a minority of them in favor. I don't see this
• 35:19
  Speaker 6: necessarily as just a nimby issue. If it were, there
• 35:22
  Speaker 6: wouldn't be really a problem probably long term, you just
• 35:24
  Speaker 6: kind of invest in the community of that end your electricity. Yeah, exactly, exactly. No,
• 35:30
  Speaker 6: it's linked to a broader worry about the system. There's
• 35:33
  Speaker 6: a broad based belief, widespread belief that the system is broken.
• 35:37
  Speaker 6: Parties and politicians no longer care about the average person.
• 35:40
  Speaker 6: The elites are rigging it. And this is bipartisan. It
• 35:44
  Speaker 6: doesn't matter if you're red, blue, or purple. You believe
• 35:47
  Speaker 6: that in the United States today, and this issue is
• 35:50
  Speaker 6: increasingly becoming the up poster child in my mind, of
• 35:54
  Speaker 6: this belief that the system is broken.
• 35:55
  Speaker 4: But that's fascinating.
• 35:57
  Speaker 7: We're going to talk about this, I suspect for the
• 35:59
  Speaker 7: rest of this campaign and straight through twenty eight Only
• 36:02
  Speaker 7: nine percent of Democrats favor a data center being built
• 36:06
  Speaker 7: within their community, and only twenty one percent of Republicans.
• 36:10
  Speaker 7: That's I guess speaking directly to Nimby, but also your
• 36:13
  Speaker 7: water bill, your electric bill. Thirty one percent of Republicans
• 36:17
  Speaker 7: support construction of new data centers across the country, ten
• 36:21
  Speaker 7: percent less in their backyard.
• 36:22
  Speaker 4: Cliff, it's great to see you.
• 36:24
  Speaker 7: To thank you as always, Cliff, Young Ipsos and as
• 36:27
  Speaker 7: we mentioned Texas A and M University's Bush School of
• 36:31
  Speaker 7: Government and Public Service.
• 36:34
  Speaker 4: Thanks for listening to the Balance of Power podcast.
• 36:37
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• 36:40
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• 36:43
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• 36:46
  Speaker 7: Eastern at Bloomberg dot com.