WEBVTT 1 00:00:00.240 --> 00:00:04.280 No guests were guests go oh I'm the guest. Oh okay, 2 00:00:04.440 --> 00:00:06.519 but I'd finally been elevated to host. 3 00:00:07.719 --> 00:00:09.039 You could be the host. I can be the guest. 4 00:00:09.880 --> 00:00:12.279 No, no, ask. 5 00:00:12.400 --> 00:00:17.160 Not what your country can do for you, Ask what 6 00:00:17.280 --> 00:00:18.839 you can do for your country. 7 00:00:19.559 --> 00:00:23.399 Mister garbach Off, Tear down this wall. 8 00:00:24.960 --> 00:00:28.280 Hits the Ricochet podcast where the brother Rob Long he's back, 9 00:00:28.320 --> 00:00:29.000 and John. 10 00:00:28.800 --> 00:00:31.440 You he's back as well, and James Lenox that we're. 11 00:00:31.280 --> 00:00:33.880 Going to talk about everything that's going on. So what's 12 00:00:33.920 --> 00:00:34.560 that results a. 13 00:00:34.479 --> 00:00:36.920 Podcast on this vote. The a's are two hundred and 14 00:00:36.960 --> 00:00:39.960 twenty two. The a's are two oh nine. The bill 15 00:00:39.960 --> 00:00:44.679 has passed, the motion is adopted. 16 00:00:45.320 --> 00:00:47.399 We're placing a two trillion dollar deficit. 17 00:00:47.479 --> 00:00:48.759 So I don't think we're gonna. 18 00:00:48.799 --> 00:00:51.200 Get out of this annual deficit. 19 00:00:50.840 --> 00:00:51.799 By taxing people. 20 00:00:52.079 --> 00:00:54.359 Now, the tariffs are out there, the presidents saying tariffs 21 00:00:54.399 --> 00:00:55.759 are his favorite word. 22 00:00:55.880 --> 00:00:56.920 He loves tariff's. 23 00:00:57.320 --> 00:00:59.799 Replace the word tariff with tax and you would think. 24 00:00:59.640 --> 00:01:01.640 Oh my God, and his Republicans love Jackson's. 25 00:01:02.200 --> 00:01:02.880 Welcome everybody. 26 00:01:02.880 --> 00:01:05.680 It's the Ricochet Podcast, number seven hundred and sixty five. 27 00:01:06.159 --> 00:01:09.480 I'm James Lilax here in Minneapolis. Rob Long is back. 28 00:01:09.640 --> 00:01:11.439 Brother Rob is amongst us. I don't know where he is. 29 00:01:11.439 --> 00:01:13.599 We'll find you in the second. And also joining us 30 00:01:13.680 --> 00:01:16.480 is Schrodinger's pundit, John You. 31 00:01:17.680 --> 00:01:19.359 Is he a host? Is he a guest? 32 00:01:20.040 --> 00:01:20.599 Is he alive? 33 00:01:21.079 --> 00:01:22.799 We don't know exactly. 34 00:01:22.879 --> 00:01:25.519 We're going to consider him a host because after all 35 00:01:25.560 --> 00:01:28.040 of these years, it just seems ridiculous not to grant 36 00:01:28.120 --> 00:01:29.040 him that honorific. 37 00:01:29.280 --> 00:01:30.799 So welcome John, Welcome Rob. 38 00:01:30.879 --> 00:01:33.040 It's okay about damn time. 39 00:01:34.280 --> 00:01:37.840 Granting John Henny honorific if this comes down. 40 00:01:37.400 --> 00:01:39.560 Although I feel like this is the last week of 41 00:01:39.599 --> 00:01:41.680 the major league season, this is when they pull all 42 00:01:41.719 --> 00:01:42.879 the people up from Triple A. 43 00:01:44.959 --> 00:01:47.480 Indeed, well, here you are, and we're glad to have you. 44 00:01:47.519 --> 00:01:49.359 And there's so much to discuss today. We haven't had 45 00:01:49.439 --> 00:01:51.359 Rob on for a while, and so we'd like to 46 00:01:51.359 --> 00:01:54.920 get Rob's take on things as they have been I 47 00:01:55.000 --> 00:01:56.560 this topic comes up an awful lot. 48 00:01:56.760 --> 00:02:00.879 I know it's important, but I cannot gin up the. 49 00:02:00.879 --> 00:02:05.560 Passions exactly to discuss the before, the after, the during, 50 00:02:05.879 --> 00:02:09.960 whatever of the shutdown, because the shutdown just seems like 51 00:02:10.039 --> 00:02:13.479 such theater and I tire of it. But you know 52 00:02:13.960 --> 00:02:17.400 you can't do that with this This is the Ricochet podcast. 53 00:02:17.439 --> 00:02:19.960 We've got to have an opinion, we've got to set 54 00:02:20.039 --> 00:02:24.400 forth what we believe. So government's back forty three days. 55 00:02:24.439 --> 00:02:25.639 Wow, I don't know. We made it. 56 00:02:25.840 --> 00:02:28.599 President signs of funding bill late Wednesday, fund the government 57 00:02:28.639 --> 00:02:31.039 through well through January thirtieth. 58 00:02:31.080 --> 00:02:33.400 So yeah, you know, here we go again. 59 00:02:35.120 --> 00:02:38.599 The agreement reverses the mass federal layoffs, and I seem 60 00:02:38.599 --> 00:02:41.240 to remember that there was something brooded about that this 61 00:02:41.280 --> 00:02:44.680 would be the opportunity to just decap well not decimate, 62 00:02:44.759 --> 00:02:48.319 but decimate plus large sections of the federal government by 63 00:02:48.360 --> 00:02:49.800 just saying, oh, we're going to zero you out. 64 00:02:49.840 --> 00:02:54.080 You can't come back. That didn't happen. What do you think, guys, 65 00:02:54.479 --> 00:02:56.840 win loss? Let's look at it this. 66 00:02:56.879 --> 00:03:00.319 Two ways, the actual winners and losers and what are 67 00:03:00.319 --> 00:03:02.840 now being thrown to us as the perceived winners and 68 00:03:02.960 --> 00:03:04.400 losers in the spin game. 69 00:03:05.080 --> 00:03:06.479 Robi, you go first, it's been a while. 70 00:03:07.039 --> 00:03:09.159 Well, I mean, you know the reason you're sick of 71 00:03:09.199 --> 00:03:11.360 it talking about these is we have them every year practically, 72 00:03:11.439 --> 00:03:13.759 I mean, we should start to number them because like 73 00:03:13.800 --> 00:03:15.319 World War one, world War two, so so we give 74 00:03:15.360 --> 00:03:16.039 them track. 75 00:03:16.039 --> 00:03:18.159 No give names like given names like hurricanes. 76 00:03:18.400 --> 00:03:19.360 Yeah, exactly. 77 00:03:19.400 --> 00:03:22.039 This is a shutdown, you know, Charlie birth or something, 78 00:03:22.360 --> 00:03:24.919 and I am baffled by them. 79 00:03:24.960 --> 00:03:26.599 I'm baffled by why they keep happening. 80 00:03:26.879 --> 00:03:29.240 The really the political rule of thumb is and I 81 00:03:29.560 --> 00:03:31.199 could be wrong, but I sort of like did. 82 00:03:31.080 --> 00:03:34.639 Some very fast research on this last week. 83 00:03:35.479 --> 00:03:40.039 The party not in the party in the White House 84 00:03:40.120 --> 00:03:45.159 during a shutdown almost always wins politically or comes out 85 00:03:45.199 --> 00:03:48.360 slightly ahead. Doesn't matter who that person is, doesn't matter 86 00:03:48.400 --> 00:03:51.120 who the president is. But usually the president comes out 87 00:03:51.319 --> 00:03:57.319 ahead politically. Everyone else loses because, of course, it's never 88 00:03:57.360 --> 00:04:02.039 an opportunity to cut government, and it's never an opportunity 89 00:04:02.120 --> 00:04:05.879 to rethink priorities, and it's never an opportunity to cut 90 00:04:05.879 --> 00:04:08.479 the budget and all the things that all the levers 91 00:04:08.520 --> 00:04:11.879 that people use, and the jeopardy they put into it 92 00:04:11.960 --> 00:04:14.719 never quite comes true. And what it really does is 93 00:04:14.960 --> 00:04:19.399 it's forty three days of just these hysterical dramatics, often 94 00:04:19.439 --> 00:04:22.079 from the party in Congress in this case, the Democrats 95 00:04:23.560 --> 00:04:25.839 or the party you know, not in the White Housers 96 00:04:25.839 --> 00:04:30.240 to say complain predicting all sorts of disasters. Planes are 97 00:04:30.240 --> 00:04:31.959 gonna fall out of the sky and children that go 98 00:04:32.040 --> 00:04:37.360 hungry and I mean, whether we're losers or not, we 99 00:04:37.639 --> 00:04:40.240 have we must at some point confront the fact that 100 00:04:40.279 --> 00:04:44.160 as a culture, as a people, we love the dramatics 101 00:04:44.199 --> 00:04:49.600 of this. We seem absolutely dead set on having these 102 00:04:49.680 --> 00:04:55.279 dramatic confrontations about nothing every couple of years. And I 103 00:04:55.319 --> 00:04:57.800 think that if you're a normal American, you just tune 104 00:04:57.839 --> 00:04:59.920 it out. You tune it out. You know that things 105 00:05:00.120 --> 00:05:01.680 that it's never going to be a disaster, but you 106 00:05:01.759 --> 00:05:05.680 also should know it's not going to lead to anything better. Yeah, 107 00:05:05.720 --> 00:05:07.120 And that that I think is the sort of the 108 00:05:07.639 --> 00:05:08.480 exhausting part of it. 109 00:05:08.560 --> 00:05:12.079 James, Well, try to explain why you're exhausted to clarify there. 110 00:05:11.959 --> 00:05:13.600 You said we love it, and then you said the 111 00:05:13.600 --> 00:05:16.399 American people tune it out. If by we you mean 112 00:05:16.399 --> 00:05:18.720 those who are obsessively following politics and the rest of it, 113 00:05:18.800 --> 00:05:21.759 I don't. I find it all a bunch of tiresome nonsense. 114 00:05:21.800 --> 00:05:24.720 And I think the we in the general national sense 115 00:05:24.800 --> 00:05:27.040 is that people. Yeah, that people tune it out because 116 00:05:27.279 --> 00:05:29.519 if anything, there's a lesson to be learned about exactly 117 00:05:29.560 --> 00:05:31.399 how much impact the federal government has on you in 118 00:05:31.399 --> 00:05:34.040 a day to day basis. I know it is funny 119 00:05:34.079 --> 00:05:36.199 because we talk about the you know, the the heavy 120 00:05:36.240 --> 00:05:37.439 hand of the state is. 121 00:05:37.399 --> 00:05:39.600 Always pressing down upon us. In Menion goes away for 122 00:05:39.600 --> 00:05:40.720 forty three days, We're like. 123 00:05:40.920 --> 00:05:44.240 Oh yeah, okay, yeah, John. 124 00:05:45.879 --> 00:05:53.160 I put my thinking in military terms, tatics, operations, and strategy. Oh, 125 00:05:53.199 --> 00:05:55.360 by the way, when it comes to naming, I'm surprised 126 00:05:55.439 --> 00:05:59.959 Rob didn't say we should name them like professional wrestling meets, right, 127 00:06:00.040 --> 00:06:02.920 don't they always have some clever name like Lola Palooza 128 00:06:03.120 --> 00:06:06.360 fat guy rolling around on other people number seven? But 129 00:06:06.480 --> 00:06:10.519 that would be ZBC and would be in fitting with 130 00:06:10.560 --> 00:06:15.199 this administration's favorite sport. It seems so. I think technically 131 00:06:15.279 --> 00:06:18.279 what happened here is I agree with Rob. The Democrats 132 00:06:18.439 --> 00:06:21.560 in Congress won because they juiced to turn out for 133 00:06:21.680 --> 00:06:24.160 the elections, and I think that's what this was all about, 134 00:06:24.279 --> 00:06:26.040 which is why the deal was reached right after the 135 00:06:26.040 --> 00:06:29.639 elections are over. They made their base angry. They got 136 00:06:29.680 --> 00:06:32.759 them to the polls. They won huge margins in places 137 00:06:32.800 --> 00:06:34.959 like New Jersey and Virginia, way more than two years 138 00:06:35.000 --> 00:06:38.240 ago or four years ago. That might go blow back 139 00:06:38.279 --> 00:06:40.600 on them because now their base is really angry because 140 00:06:40.600 --> 00:06:44.240 they had heightened expectations. I think at the higher level. 141 00:06:44.560 --> 00:06:48.600 What this shows is how Congress as an institution has 142 00:06:48.639 --> 00:06:50.959 failed because the reason why you do shutdowns, and I 143 00:06:51.040 --> 00:06:53.040 was around for the first one. I was actually working 144 00:06:53.079 --> 00:06:56.040 in Congress during the Gingrid shutdown, and so I remember 145 00:06:56.040 --> 00:06:59.920 the very first shutdown. The reason why is because everything 146 00:07:00.000 --> 00:07:03.120 now that gets decided by Congress is folded into gigantic 147 00:07:03.120 --> 00:07:06.639 spending bills. You don't have any individual bills anymore. There 148 00:07:06.639 --> 00:07:10.959 are no more individual appropriation bills. There's very few authorizing 149 00:07:10.959 --> 00:07:13.079 bills like the Voting Rights Act, which we'll talk about later. 150 00:07:13.560 --> 00:07:17.399 All legislation gets rolled up into these spending bills. And 151 00:07:17.480 --> 00:07:20.959 so if the spendingbles weren't as important, you know, if 152 00:07:21.079 --> 00:07:23.920 you didn't have everything in one omnibus bill, then it 153 00:07:23.920 --> 00:07:27.480 wouldn't cost as much to have the blocked. But now 154 00:07:27.639 --> 00:07:30.879 everything shuts down because Congress as an institution doesn't work. 155 00:07:30.920 --> 00:07:34.680 It's too easy to get it to stop. The larger 156 00:07:34.720 --> 00:07:38.959 thing is an American citizen, you know, taxpayer. This is not, 157 00:07:39.120 --> 00:07:41.279 as Rob said, is not going to solve the budget deficit. 158 00:07:42.040 --> 00:07:44.600 You could shut down the operations of the government for 159 00:07:44.759 --> 00:07:47.879 years and never solve the budget deficit because the budget 160 00:07:47.879 --> 00:07:50.839 deficits being produced by one thing. Which is entitlement programs, 161 00:07:51.120 --> 00:07:53.920 and those are on automatic spending no matter what happens. 162 00:07:54.279 --> 00:07:56.800 So yeah, you could have the government could have been 163 00:07:56.800 --> 00:08:00.680 shut for the next decade probably, and still we would 164 00:08:00.720 --> 00:08:03.480 have this enormous budget. That's it because Medicaid and Medicare 165 00:08:03.519 --> 00:08:05.879 and Social Security of what driving the country bankrupt? 166 00:08:06.560 --> 00:08:10.439 Doing my part, Well, is there any hope ever, at 167 00:08:10.480 --> 00:08:15.120 any point, at getting rid of these blob debus crs, 168 00:08:15.319 --> 00:08:20.480 these continuing resolutions, these massive things that contain universes and 169 00:08:20.600 --> 00:08:23.279 multitudes and going back to this dare I say an 170 00:08:23.360 --> 00:08:25.360 archaic method where you actually have a bill that is 171 00:08:25.360 --> 00:08:27.720 about a thing and there's a debate about the thing, 172 00:08:28.079 --> 00:08:30.399 and then there's another bill that is about a thing 173 00:08:30.519 --> 00:08:31.560 and we have a debate. 174 00:08:31.279 --> 00:08:31.839 About the thing. 175 00:08:32.240 --> 00:08:34.039 Is there any appetite for that in either party or 176 00:08:34.039 --> 00:08:35.879 are they just simply too comfortable with tucking all the 177 00:08:35.879 --> 00:08:39.159 stuff that they love into this thing and not scratch 178 00:08:39.200 --> 00:08:42.600 my back all scratch yours it goes through. I think 179 00:08:42.600 --> 00:08:44.759 it's hopeless. I don't think there's a chance in hell 180 00:08:44.960 --> 00:08:47.159 of ever going back to something where we're voting on 181 00:08:47.279 --> 00:08:49.080 individual bills for everything. 182 00:08:50.200 --> 00:08:51.759 Well, the reason we don't do that is because we 183 00:08:51.759 --> 00:08:55.279 can't afford too. We can't afford it. It's a shell 184 00:08:55.320 --> 00:08:59.279 game for the federal budget and for chet government expenditures 185 00:08:59.320 --> 00:09:02.360 in general. And so the more complicated you make something 186 00:09:02.399 --> 00:09:06.080 the harder, the easier it is to ignore the problems. Right, so, 187 00:09:06.159 --> 00:09:09.399 the more ornaments you put on the building, the easier 188 00:09:09.440 --> 00:09:12.159 it is. To easier it is to realize that to 189 00:09:12.240 --> 00:09:15.320 discover that the building isn't, you know, sound, And so 190 00:09:15.480 --> 00:09:18.600 it's kind of this like general understanding that we all 191 00:09:18.639 --> 00:09:20.919 have that you know, eventually the music's going to stop, 192 00:09:20.919 --> 00:09:25.320 but it hasn't stopped yet, that well, we'll fix this later. 193 00:09:25.399 --> 00:09:28.000 We'll kick this cant down the road. And at a 194 00:09:28.039 --> 00:09:30.399 certain point that makes some sense, you know that sort 195 00:09:30.399 --> 00:09:33.759 of the Reagan Bush even Clinton years kind of you 196 00:09:33.759 --> 00:09:35.879 could kind of do the math and say, well, you know, 197 00:09:36.399 --> 00:09:38.679 we could maybe grow out of if we hold the 198 00:09:38.720 --> 00:09:40.799 line on spending kind of, we can kind of grow 199 00:09:40.840 --> 00:09:43.240 out of our deficit and lower the debt. 200 00:09:43.480 --> 00:09:44.519 That's sort of happened. 201 00:09:45.840 --> 00:09:48.159 But it's essentially a demographic problem because there are more 202 00:09:48.200 --> 00:09:50.759 old people taking Social Security than there are young people 203 00:09:50.919 --> 00:09:52.559 kicking into it, and it's been a pay as you 204 00:09:52.600 --> 00:09:58.600 go program pretty much forever, so what the people have 205 00:09:58.720 --> 00:10:01.360 to decide. And this is sort of where I put 206 00:10:01.360 --> 00:10:05.879 the blame is that they they recognize it, accept that 207 00:10:05.919 --> 00:10:08.759 there is no such thing as a free lunch, and 208 00:10:08.799 --> 00:10:12.600 that that they are going to have to give up 209 00:10:12.600 --> 00:10:15.000 the free lunch, and that none of the people they hire, 210 00:10:15.879 --> 00:10:21.639 these sort of craven publicity hounds and attention seekers in 211 00:10:21.720 --> 00:10:23.919 Congress and the Senate and in the White House, none 212 00:10:23.960 --> 00:10:28.000 of those people is going to have the courage and 213 00:10:28.080 --> 00:10:32.080 the probably I think, and the truth to tell you 214 00:10:32.200 --> 00:10:35.720 the bad news, which is we can't can't, we can't 215 00:10:35.759 --> 00:10:39.399 afford to do and promise what we've been promising the 216 00:10:39.440 --> 00:10:40.840 way we've been raising money. 217 00:10:40.879 --> 00:10:43.879 And it's I mean, I mean, this is a horrible 218 00:10:43.879 --> 00:10:44.399 thing to say. 219 00:10:44.480 --> 00:10:47.360 Right, I'm a Republican basic, well not anymore, but basically 220 00:10:47.399 --> 00:10:52.080 a Republican, right, and I would say, you're either going 221 00:10:52.120 --> 00:10:54.480 to cut titlements, as John says, or are you going 222 00:10:54.519 --> 00:10:58.120 to raise taxes? And if you're a liberal Democrat, that's 223 00:10:58.159 --> 00:11:02.679 a perfectly fine outcome. Like if you talk any liberal Democrat, 224 00:11:02.720 --> 00:11:03.960 they don't think we have a problem. 225 00:11:04.120 --> 00:11:04.799 If they think it's an. 226 00:11:04.759 --> 00:11:09.080 Accounting problem the government has as far as they're concerned. 227 00:11:09.120 --> 00:11:12.240 One hundred percent access to one hundred percent of your 228 00:11:12.279 --> 00:11:15.360 net worth at any given time. So, yeah, you just 229 00:11:15.440 --> 00:11:21.600 raise taxes is seventy and debt to eliminated. It's only 230 00:11:21.639 --> 00:11:25.919 conservatives who believe that that would be a huge, huge mistake. 231 00:11:26.799 --> 00:11:28.120 So and that number is dwindling. 232 00:11:28.159 --> 00:11:31.120 The number of people who believe that is dwindling smaller 233 00:11:31.120 --> 00:11:33.000 and smaller and smaller to a tiny remnant of people 234 00:11:33.000 --> 00:11:36.799 who believe that actually taxes and fees are bad. 235 00:11:37.440 --> 00:11:39.440 So I think there's a moral case there to be me. 236 00:11:39.559 --> 00:11:44.200 You're the moral expert problem I've heard of you. No, definitely, 237 00:11:45.799 --> 00:11:49.120 I'm just a simple utilitarian, evil utilitarian. 238 00:11:49.200 --> 00:11:51.559 You're just sure you've got a law clerk. 239 00:11:52.720 --> 00:11:54.759 I'm sure in your seminars you have an effigy of 240 00:11:54.759 --> 00:11:57.720 a utilitarian you whee allowed on salt Verrgin. 241 00:11:58.120 --> 00:12:01.919 It's a picture of you. 242 00:12:02.080 --> 00:12:06.919 Two things about what what Rob said. One is there's 243 00:12:06.960 --> 00:12:08.720 a morald case to be made that I think you're 244 00:12:08.799 --> 00:12:11.039 hinting at, Rob, which is, why does the government have 245 00:12:11.159 --> 00:12:13.320 the right to do that? Why does the government have 246 00:12:13.360 --> 00:12:15.399 the right to take money out of one person's pocket 247 00:12:15.480 --> 00:12:18.240 and use it to pay for the healthcare for another person? 248 00:12:18.399 --> 00:12:18.519 Right? 249 00:12:18.759 --> 00:12:20.919 And Reagan used to be so good. Now. Reagan's forty 250 00:12:21.000 --> 00:12:23.480 years ago, but he was the last leader I remember 251 00:12:23.519 --> 00:12:29.559 who really made against this. Well, for you, Rob, everything's eternal, 252 00:12:29.559 --> 00:12:32.120 that's the marble. This is all just, this is all 253 00:12:32.200 --> 00:12:35.320 just passing moments on the way to a big time 254 00:12:36.399 --> 00:12:38.799 the show. And so but here's the other thing. I 255 00:12:38.840 --> 00:12:41.159 was just giving a talk in Arizona at the University 256 00:12:41.159 --> 00:12:45.080 of Arizona. I talk with some undergraduates there. They are angry. 257 00:12:45.399 --> 00:12:48.240 I think that's one thing this shows is that they're 258 00:12:48.279 --> 00:12:50.399 pissed at the Yeah, you guys, I'm not in your 259 00:12:50.399 --> 00:12:54.039 guys generation, the baby boomers. They are so angry because I. 260 00:12:54.240 --> 00:12:57.960 Think my friend excerpt, I think that they. 261 00:12:58.200 --> 00:13:02.519 Understand that Social Security, Medicaid, the Medicare, these are all 262 00:13:02.639 --> 00:13:06.240 just massive transfer programs from them. Right, the young people 263 00:13:06.600 --> 00:13:08.960 are taking their money's being taken away from them. All 264 00:13:09.000 --> 00:13:12.000 their opportunities are being narrowed to pay for the Baby 265 00:13:12.000 --> 00:13:15.919 boom generation's retirement because they didn't save, because they didn't 266 00:13:15.919 --> 00:13:17.679 take care of their own health care. I think they're 267 00:13:17.799 --> 00:13:20.639 very aware of it. That's why you have other eruptions 268 00:13:21.080 --> 00:13:24.360 like the election of a socialist in New York City, 269 00:13:24.639 --> 00:13:27.559 even though he's an anti semi the anger that you 270 00:13:27.639 --> 00:13:30.320 see is there, and I think the Democrats you saw 271 00:13:30.360 --> 00:13:31.960 some of that. Now that's why they're getting so much 272 00:13:32.000 --> 00:13:36.879 blowback on caving on the shutdown, because that generation thought 273 00:13:37.039 --> 00:13:40.080 actually something big was going to happen, and they're ticked off. 274 00:13:40.120 --> 00:13:44.559 Maybe this is the opportunity for conservatives now they're going 275 00:13:44.600 --> 00:13:47.759 to have this debate about Obamacare subsidies is why should 276 00:13:47.799 --> 00:13:51.240 we still give out healthcare subsidies that were designed to 277 00:13:51.279 --> 00:13:54.440 take care of the COVID emergency and make them permanent. 278 00:13:54.679 --> 00:13:56.840 Why is it okay to take money from young people 279 00:13:57.240 --> 00:14:00.879 and to narrow their resource their opportunities in life. Seventy 280 00:14:00.919 --> 00:14:03.480 five and eighty year old people can you know, have 281 00:14:03.519 --> 00:14:06.360 their healthcare paid for and have a comfortable retirement. It 282 00:14:06.399 --> 00:14:08.559 should go the other way around. The old people should 283 00:14:08.559 --> 00:14:10.080 be the pre way for the young people. 284 00:14:10.120 --> 00:14:13.679 And you know what I mean. I this is not 285 00:14:13.720 --> 00:14:14.360 a digression. 286 00:14:14.519 --> 00:14:17.039 It is a digression. But what you just you said 287 00:14:17.039 --> 00:14:20.039 two really important things. One just always triggers me, is 288 00:14:20.039 --> 00:14:24.360 this talk about Obamacare, because Obamacare was a failure from 289 00:14:24.440 --> 00:14:29.039 the DNA of Obamacare does not work, and we knew 290 00:14:29.080 --> 00:14:31.440 it didn't work, and everybody who could do math, those 291 00:14:31.480 --> 00:14:34.480 it wasn't gonna work, in the same way that people 292 00:14:34.519 --> 00:14:36.720 knew Social Security wasn't gonna work either, because you can 293 00:14:37.039 --> 00:14:39.000 look at actuarial tables and you look at the way 294 00:14:39.440 --> 00:14:40.840 you look at the population growth. 295 00:14:40.919 --> 00:14:43.120 Right, you just know, right. But what I what was 296 00:14:43.159 --> 00:14:45.080 so dishonest about Obamacare? 297 00:14:45.080 --> 00:14:47.759 At least with the Social Security people, they kind of knew, well, 298 00:14:47.799 --> 00:14:49.799 this is you know, in fifty sixty, seventy eighty years, 299 00:14:49.840 --> 00:14:51.279 it could be a problem and we'll solve it. Then 300 00:14:51.360 --> 00:14:53.679 with some magic we'll be living on venus or something 301 00:14:53.720 --> 00:14:57.039 with jet packs. Right, Obamacare, they knew it wasn't gonna work, 302 00:14:57.360 --> 00:14:58.919 and the lies were so deep. 303 00:14:59.200 --> 00:15:00.320 Do you remember. 304 00:15:01.480 --> 00:15:04.399 It's the famous picture of the little the boy in 305 00:15:04.480 --> 00:15:07.960 pajamas and he's like, yah, a boy, when you pajama boy, 306 00:15:08.000 --> 00:15:10.480 when you go home to your parents, you remember, you 307 00:15:10.480 --> 00:15:11.759 should talk about health care. 308 00:15:12.120 --> 00:15:13.200 And it was this idea. 309 00:15:13.360 --> 00:15:17.360 Somehow it was so inverted that the that the solution 310 00:15:18.080 --> 00:15:23.720 for America's healthcare crisis was getting old people and your 311 00:15:23.759 --> 00:15:26.240 parents to sign up for Obamacare. 312 00:15:27.080 --> 00:15:30.720 That is a total falsehood. It was backwards. 313 00:15:30.840 --> 00:15:32.519 They should have had a picture of an old man 314 00:15:32.559 --> 00:15:36.480 in pajamas saying, when your kids come back for the holidays. 315 00:15:36.759 --> 00:15:41.039 Make sure the kids sign up for Obamacare, because it's 316 00:15:41.159 --> 00:15:44.080 the young people who are going to support this program 317 00:15:44.120 --> 00:15:48.399 because they don't use health insurance and they don't actually 318 00:15:48.399 --> 00:15:51.080 they don't get sick mostly they don't need to. They 319 00:15:51.120 --> 00:15:52.960 don't have all the problems that old people have. Old 320 00:15:52.960 --> 00:15:54.639 people like John's like, you know, you look at it. 321 00:15:54.759 --> 00:15:56.320 He's like, I don't know how. I don't know how 322 00:15:56.360 --> 00:15:57.000 you're hanging on. 323 00:15:58.000 --> 00:16:00.480 They don't have a Korean skin cosmetics, my friend. 324 00:16:02.000 --> 00:16:04.559 I mean, health insurance of the kind that we have 325 00:16:04.639 --> 00:16:08.120 designed only works if we make sure that young people 326 00:16:08.159 --> 00:16:10.200 pay a lot of money for it and they don't 327 00:16:10.240 --> 00:16:14.080 need it, and that that this honesty was baked in. 328 00:16:14.559 --> 00:16:16.159 And I do think that there is that. I mean, 329 00:16:16.159 --> 00:16:18.240 I think the larger issue is you're starting to see 330 00:16:18.240 --> 00:16:22.320 this the socialists being elected in Manhattan or New York. 331 00:16:22.639 --> 00:16:24.159 I think you're seeing a lot of young people on 332 00:16:24.200 --> 00:16:26.519 the right who are really, really angry and furious at 333 00:16:26.559 --> 00:16:29.440 the lies they've been told and are continuing to be told. 334 00:16:31.039 --> 00:16:32.840 And I at some point. 335 00:16:33.759 --> 00:16:35.320 As I said, I gave a talk the other day 336 00:16:35.320 --> 00:16:36.759 and I just said to a bunch of young people, 337 00:16:36.879 --> 00:16:38.440 said that the only solution for you. 338 00:16:38.480 --> 00:16:40.559 Is you got to take the car keys away from Grandpa. 339 00:16:41.320 --> 00:16:45.360 You got to you got to kick the generate, the sclerotic, 340 00:16:46.799 --> 00:16:52.120 large generation at the top that refuses to leave, and 341 00:16:52.159 --> 00:16:55.120 you got to kick them out. And that's the only 342 00:16:55.159 --> 00:16:56.759 way this is going to change, because old people are 343 00:16:56.799 --> 00:16:59.960 never going to sit there and vote to raise their 344 00:17:01.200 --> 00:17:06.440 They're they're to lower their their entitlement check. It's always 345 00:17:06.480 --> 00:17:07.200 going to be bigger. 346 00:17:10.880 --> 00:17:12.759 Well, they had the opportunity in New York to do that, 347 00:17:12.799 --> 00:17:15.400 and they they took it. The Cuomo guy to the 348 00:17:15.440 --> 00:17:19.000 curb Mandami, they got him in. And even though you 349 00:17:19.079 --> 00:17:21.599 said before that we all know that eventually this thing 350 00:17:21.640 --> 00:17:26.599 is unsustainable. It's a paraphrase Heinland that there's no such thing. 351 00:17:26.559 --> 00:17:28.599 As a free bus ride. Yet there it's going to be. 352 00:17:29.319 --> 00:17:30.079 There's all of these. 353 00:17:29.920 --> 00:17:33.039 Things that they're going to be given free or heavily 354 00:17:33.079 --> 00:17:35.880 subsidized because they're good, shiny things and they want theirs, 355 00:17:35.880 --> 00:17:37.160 and somehow the money will come out. 356 00:17:37.039 --> 00:17:37.400 Of the air. 357 00:17:37.720 --> 00:17:40.359 But it is strange to me that we say that 358 00:17:41.559 --> 00:17:44.559 we are supposed to tell the young people that they 359 00:17:45.680 --> 00:17:47.839 we have to get rid of this generational transfer whereby 360 00:17:47.880 --> 00:17:49.799 you are paying into social Security, that you never see 361 00:17:49.799 --> 00:17:51.799 in medicare that will be probably too expensive, and we're 362 00:17:51.799 --> 00:17:54.400 going to get we're taking money from you and we're 363 00:17:54.400 --> 00:17:57.640 giving it to the old people. And then at the 364 00:17:57.640 --> 00:18:00.960 same time say, but don't go for socialism. I mean, 365 00:18:01.039 --> 00:18:05.119 that's exactly supposedly what should what should be along their 366 00:18:05.200 --> 00:18:07.920 credo where the money is pooled and given to those 367 00:18:07.960 --> 00:18:11.039 in the most need and those in the most dire straits. 368 00:18:10.680 --> 00:18:11.079 Et cetera. 369 00:18:11.359 --> 00:18:13.480 You'd think that they'd before it, but they're not. 370 00:18:14.039 --> 00:18:16.000 And the reason that they have this as you point 371 00:18:16.039 --> 00:18:18.119 as John was pointing, oh no is rob which one 372 00:18:18.119 --> 00:18:19.839 of you are pointing about the people that you talk 373 00:18:19.880 --> 00:18:21.680 to who are mad, the young folks who are mad. 374 00:18:21.759 --> 00:18:24.559 I think people both talk to me, Okay, we're mad. 375 00:18:24.440 --> 00:18:26.960 For because I was in Tucson, Arizona, and I would 376 00:18:27.000 --> 00:18:28.000 just be pissed to be there. 377 00:18:30.119 --> 00:18:31.680 So the mad for a variety of regions, and one 378 00:18:31.720 --> 00:18:32.799 of them is Arizona. 379 00:18:33.000 --> 00:18:35.119 One of them is that yes, one of them is 380 00:18:35.160 --> 00:18:37.079 that indeed, yes, why am I paying for this in 381 00:18:37.200 --> 00:18:39.400 these programs? But the other has to do with a 382 00:18:39.440 --> 00:18:43.640 sense of stagnation, of cultural immobility of the idea, perhaps 383 00:18:44.039 --> 00:18:46.200 that they've done all the right things they went to school, 384 00:18:46.279 --> 00:18:50.400 they got the degree, they have the credential. But yet somehow, 385 00:18:50.480 --> 00:18:53.119 if you're in Brooklyn, you're paying four thousand dollars for 386 00:18:53.160 --> 00:18:55.920 a two bedroom house. You're on some bs job that 387 00:18:56.200 --> 00:18:58.799 really doesn't do anything. The consist of shuffling emails around 388 00:18:58.880 --> 00:19:01.480 or running grants or something. Are if you're of the elite, 389 00:19:01.839 --> 00:19:04.160 and the whole access and upper mobility and the rest 390 00:19:04.160 --> 00:19:05.640 of it seems to be denied to them. They don't 391 00:19:05.640 --> 00:19:07.160 think they're ever going to have a house. They're going 392 00:19:07.200 --> 00:19:10.359 to be stuck in a flat forever. So they hate 393 00:19:10.359 --> 00:19:12.880 the boomers for a variety of reasons. One of them 394 00:19:13.000 --> 00:19:15.000 is that they're having to pay for Social Security too. 395 00:19:15.559 --> 00:19:17.960 They think that somehow all the boomers squatted on the 396 00:19:18.000 --> 00:19:21.319 houses and grow the prices up, and that the boomers 397 00:19:21.359 --> 00:19:23.000 just look at them and say, well, don't have your 398 00:19:23.000 --> 00:19:25.559 avocado toast and you can afford it. That we're clueless 399 00:19:25.559 --> 00:19:29.359 and not of touch. And also because generally the collapse 400 00:19:29.480 --> 00:19:32.680 of the very institution's credibility that they want to be 401 00:19:32.720 --> 00:19:34.519