1 00:00:18,480 --> 00:00:21,280 Speaker 1: And we are back with another edition of the Federalist 2 00:00:21,359 --> 00:00:24,640 Radio Hour. I'm Matt Kittle, Senior Elections correspondent at the 3 00:00:24,640 --> 00:00:29,079 Federalist and your experienced Shirpa on today's Quest for Knowledge. 4 00:00:29,519 --> 00:00:32,560 As always, you can email the show at radio at 5 00:00:32,560 --> 00:00:38,119 the Federalist dot com, follow us on x at FBRLST, 6 00:00:38,759 --> 00:00:41,840 make sure to subscribe wherever you download your podcast, and 7 00:00:41,960 --> 00:00:45,039 of course to the premium version of our website as well. 8 00:00:45,679 --> 00:00:49,880 Our guest today is Derek Morgan, Executive Vice President the 9 00:00:49,920 --> 00:00:53,679 Heritage Foundation, as we take a look back at President 10 00:00:53,679 --> 00:00:57,520 Trump's first one hundred days in office. What an active 11 00:00:57,600 --> 00:01:01,119 time it has been, to say the very least. Derek, 12 00:01:01,159 --> 00:01:03,119 thank you so much for joining us on this edition 13 00:01:03,280 --> 00:01:04,599 of the Federalist Radio Hour. 14 00:01:05,079 --> 00:01:05,920 Speaker 2: My pleasure to be with you. 15 00:01:05,959 --> 00:01:06,120 Speaker 3: Matt. 16 00:01:06,640 --> 00:01:12,000 Speaker 1: You have an interesting piece up you look over one 17 00:01:12,120 --> 00:01:16,040 hundred wins. You can find that at the Heritage Foundation website. 18 00:01:16,079 --> 00:01:20,840 It says America's Back. Heritage celebrates President Trump's first one 19 00:01:20,920 --> 00:01:25,040 hundred days in office. This is a pretty interesting list 20 00:01:25,480 --> 00:01:29,879 and it goes into all kinds of different areas. In fact, 21 00:01:30,840 --> 00:01:34,599 doctor Kevin Roberts, President of the Heritage Foundation and Heritage 22 00:01:34,640 --> 00:01:38,319 Action for America said this, I want to get your 23 00:01:38,359 --> 00:01:41,599 take on it. In just one hundred days, President Trump 24 00:01:41,640 --> 00:01:45,159 has done more for the everyday American than Joe Biden 25 00:01:45,239 --> 00:01:49,159 managed in four years. He has taken a sledgehammer to 26 00:01:49,280 --> 00:01:52,840 the bloated and out of touch bureaucracy, restored the rule 27 00:01:52,920 --> 00:01:59,359 of law, and put Americans, not Washington elites first. And 28 00:01:59,400 --> 00:02:01,359 I think there's a good deal of truth to that. 29 00:02:02,239 --> 00:02:05,560 But I'll tell you what, the Washington elites and those 30 00:02:05,599 --> 00:02:10,800 who don't value the rule of law have absolutely lost 31 00:02:11,240 --> 00:02:15,039 their minds over President Trump doing that. Your assessment so 32 00:02:15,120 --> 00:02:17,159 far of these first one hundred days. 33 00:02:17,159 --> 00:02:20,360 Speaker 3: They absolutely have. I think the thing is the direction right. 34 00:02:20,719 --> 00:02:24,680 We're changing direction in a fundamental way, and I think 35 00:02:24,719 --> 00:02:27,280 the President's hoping to pick up speed in that direction. 36 00:02:27,439 --> 00:02:30,240 But if you look at the border, you look at 37 00:02:30,520 --> 00:02:33,120 certainly DOGE and the spending, and you look at what 38 00:02:33,159 --> 00:02:36,759 they're doing on DEI and CRT and alphabet soup of 39 00:02:37,319 --> 00:02:42,000 American Marxism, they've turned the ship. And so even that turning, 40 00:02:42,360 --> 00:02:44,280 even if we haven't made as much progress I think 41 00:02:44,560 --> 00:02:47,680 as many Americans want to make, after just one hundred days, 42 00:02:47,719 --> 00:02:50,280 we have turned and we are facing in the right direction. 43 00:02:50,680 --> 00:02:52,840 I think this has been probably the most consequential one 44 00:02:52,879 --> 00:02:56,479 hundred days for the Republic, certainly the first one hundred 45 00:02:56,560 --> 00:02:59,159 days of a presidency. So maybe since FDR it's that 46 00:02:59,280 --> 00:03:00,960 big of a ship in mindset. 47 00:03:01,280 --> 00:03:04,039 Speaker 2: And you're right that so much of Washington, d C. 48 00:03:04,280 --> 00:03:07,599 Speaker 3: Where at one point recently seven of the ten richest 49 00:03:07,639 --> 00:03:10,719 counties in America were in the Washington DC area, and 50 00:03:10,759 --> 00:03:15,000 we now know that's probably largely due to USAID and 51 00:03:15,080 --> 00:03:17,840 other programs like it that are just a total slash 52 00:03:17,840 --> 00:03:20,240 fund for the left. They're not happy. They're going to 53 00:03:20,280 --> 00:03:23,400 fight tooth and claw, and it's a good thing. We've 54 00:03:23,400 --> 00:03:25,840 got a man of courage who's leading this fight in 55 00:03:25,919 --> 00:03:26,520 Donald Trump. 56 00:03:26,639 --> 00:03:28,520 Speaker 1: Well, he certainly has taking a lot of slings and 57 00:03:28,639 --> 00:03:33,919 arrows over the last ninety last three plus months as 58 00:03:33,919 --> 00:03:38,000 he just gets going. But he seems to be to me, 59 00:03:38,919 --> 00:03:42,080 and I have covered this man in politics for a 60 00:03:42,120 --> 00:03:47,840 long time, he seems to me to be more emboldened more. 61 00:03:50,719 --> 00:03:58,400 I think he's something happened deeply to him in Butler, Pennsylvania. Yes, 62 00:03:58,639 --> 00:04:03,840 almost a year ago when he came within just a 63 00:04:03,879 --> 00:04:08,319 fraction of an inch of being an assassinated former president. Yes, 64 00:04:09,080 --> 00:04:11,159 do you believe that's the case. It just seems like 65 00:04:11,240 --> 00:04:15,039 he is more determined than ever to do what he 66 00:04:15,159 --> 00:04:18,800 believes is in the best interest of America first policies. 67 00:04:19,360 --> 00:04:20,480 Speaker 2: I think that's exactly right. 68 00:04:20,519 --> 00:04:24,279 Speaker 3: He's said nearly that almost in those words, in fact, 69 00:04:24,399 --> 00:04:27,480 about he feels like he was spared, his life was spared, 70 00:04:27,480 --> 00:04:30,040 and he has a mission to accomplish. And look, he 71 00:04:30,120 --> 00:04:33,079 had shown quite a bit of determination even before that point. 72 00:04:33,720 --> 00:04:36,000 Here's a man who could have retired like he talks 73 00:04:36,040 --> 00:04:39,319 about and go play golf, which he does enjoy doing, 74 00:04:39,800 --> 00:04:42,000 but he felt a real sense to try to finish 75 00:04:42,000 --> 00:04:46,000 what he started in twenty sixteen, twenty seventeen. And you remember, 76 00:04:46,040 --> 00:04:51,920 they threw four different prosecutions at him. They excommunicated him 77 00:04:51,920 --> 00:04:54,720 from polite society in every way that they possibly could, 78 00:04:55,279 --> 00:04:59,079 and it really emboldened him. And then to survive an 79 00:04:59,120 --> 00:05:02,079 assassination by a fraction of an inch, like you say, 80 00:05:02,720 --> 00:05:05,560 because he was looking at a chart on immigration and 81 00:05:05,600 --> 00:05:09,120 explaining the American people, as he's so able to do, 82 00:05:09,560 --> 00:05:12,839 in very common sense, plain language. You know, he was saying, 83 00:05:12,839 --> 00:05:15,160 look at these numbers of the illegal immigrants coming across 84 00:05:15,160 --> 00:05:18,240 the border, and boy, what a change we've seen in 85 00:05:18,279 --> 00:05:20,720 less than a hundred days, he's basically got operational control 86 00:05:20,720 --> 00:05:22,439 of the border. At least he's ninety nine percent of 87 00:05:22,480 --> 00:05:25,199 the way there, and so I think we can all 88 00:05:25,199 --> 00:05:28,240 be grateful and glad that he's willing to put aside 89 00:05:28,279 --> 00:05:30,839 his own personal ambitions in that way and serve the 90 00:05:30,839 --> 00:05:32,920 country at this time when it's really needed. 91 00:05:33,439 --> 00:05:37,759 Speaker 1: What an absolute difference one hundred days make. Indeed, it 92 00:05:37,839 --> 00:05:41,120 took one hundred days compared to four years of what 93 00:05:41,240 --> 00:05:46,079 this country went through under the last administration. I would 94 00:05:46,120 --> 00:05:48,720 say under the last president, but I think there's long 95 00:05:48,800 --> 00:05:51,839 been concern about who actually was president of the United 96 00:05:51,879 --> 00:05:55,319 States for those four years. That may be a different 97 00:05:55,319 --> 00:05:59,560 conversation for another day, but it certainly ties into what 98 00:06:00,120 --> 00:06:02,959 has to be accomplished, what has to be done. It's 99 00:06:03,000 --> 00:06:07,120 interesting you note that the chart that the President Trump 100 00:06:07,199 --> 00:06:11,560 was looking at on that day in Butler, Pennsylvania when 101 00:06:11,560 --> 00:06:16,759 he escaped assassination, and I do believe divinely escaped assassination, 102 00:06:17,800 --> 00:06:20,399 was the chart that was filled out by or put 103 00:06:20,439 --> 00:06:24,959 together by Wisconsin Senator Ron Johnson, who has been talking about, 104 00:06:25,480 --> 00:06:29,199 you know, this illegal immigration problem for a long time. 105 00:06:30,040 --> 00:06:32,920 Let's talk about what this president has done in the 106 00:06:32,920 --> 00:06:35,000 first one hundred days of the border you really do 107 00:06:35,120 --> 00:06:39,639 delve into you know, there's there are more than a 108 00:06:39,839 --> 00:06:45,120 dozen meaningful executive actions that the president has taken. I 109 00:06:45,120 --> 00:06:47,560 wrote a piece on this recently in The Federalist. But 110 00:06:48,160 --> 00:06:51,000 if you want to talk, there are so many things 111 00:06:51,000 --> 00:06:53,519 that he has accomplished. But when it comes to his 112 00:06:53,720 --> 00:06:59,279 campaign promises of returning restoring a border, he really has 113 00:06:59,360 --> 00:07:01,360 done that has not He has. 114 00:07:01,240 --> 00:07:04,480 Speaker 3: He's done it in record time, and honestly, we knew 115 00:07:04,480 --> 00:07:08,800 he could do it. We had written kind of a 116 00:07:08,879 --> 00:07:10,959 game plan, if you will, even late last year, if 117 00:07:11,000 --> 00:07:13,600 this is how you can fix the border crisis, even 118 00:07:13,680 --> 00:07:16,120 without a new congressional legislation. And you remember, and in 119 00:07:16,120 --> 00:07:17,959 fact you point this out in your article in a 120 00:07:18,000 --> 00:07:21,519 good way, there was all this talk about needing new legislation, 121 00:07:21,839 --> 00:07:24,319 and in fact, even some Republicans fell for that trap, 122 00:07:24,920 --> 00:07:27,480 where it would have codified having thousands of people come 123 00:07:27,480 --> 00:07:30,639 across the border every day as normal, and only if 124 00:07:30,639 --> 00:07:32,120 it got above I think it was four thousand a 125 00:07:32,160 --> 00:07:34,600 day would it be considered a problem. And now you've 126 00:07:34,680 --> 00:07:37,240 got more like seven thousand in a month. That's what 127 00:07:37,279 --> 00:07:40,800 the number was in February, just because the president has 128 00:07:40,879 --> 00:07:43,959 empowered you. Tom Homan, my former colleague here at Heritage, 129 00:07:44,000 --> 00:07:46,959 as the borders are, he knows how to close the border. 130 00:07:47,000 --> 00:07:51,360 Speaker 2: He's effectively done it. And you know, just hats. 131 00:07:51,079 --> 00:07:53,199 Speaker 3: Off to him and the hard working people at the 132 00:07:53,199 --> 00:07:57,160 Border Patrol of course, and at ICE as well. They 133 00:07:57,199 --> 00:07:59,800 have gotten control of the situation. Part of that is 134 00:07:59,879 --> 00:08:03,279 just to say we're going to stop all of this nonsense. 135 00:08:04,199 --> 00:08:06,720 President Biden did not want to secure the border. He 136 00:08:06,800 --> 00:08:09,680 wanted to essentially invite as many people as could make 137 00:08:09,720 --> 00:08:12,160 it here to come into the country. He even had 138 00:08:12,160 --> 00:08:14,560 an app to do that, where you could set an 139 00:08:14,600 --> 00:08:17,160 appointment to enter a port of entry as a way 140 00:08:17,199 --> 00:08:19,600 to try to fool the American people to say, look, 141 00:08:19,759 --> 00:08:21,680 entry between ports of entry is down. 142 00:08:22,000 --> 00:08:23,560 Speaker 2: That's because you created. 143 00:08:23,240 --> 00:08:26,240 Speaker 3: An app to let people make an appointment to come 144 00:08:26,279 --> 00:08:28,759 to the United States and to claim asylum and then 145 00:08:28,800 --> 00:08:31,040 to be able to stay here until they ever got 146 00:08:31,040 --> 00:08:33,279 their day in court, which could be years later. In 147 00:08:33,279 --> 00:08:35,480 the meantime, be able to work and all that. So 148 00:08:35,519 --> 00:08:38,360 he was essentially opening the doors to everybody. And when 149 00:08:38,399 --> 00:08:41,279 you do that, you not only have the problem of 150 00:08:41,320 --> 00:08:45,639 people coming to the United States unlawfully skipping that line, Matt. 151 00:08:45,679 --> 00:08:48,679 You probably know, I know lots of legal immigrants, some 152 00:08:48,759 --> 00:08:51,519 of whom are now citizens. They tell you how long 153 00:08:51,519 --> 00:08:53,840 it took to come to this country, and they followed 154 00:08:53,840 --> 00:08:54,399 the process. 155 00:08:54,440 --> 00:08:57,000 Speaker 2: They dotted all the eyes and crossed all the t's, and. 156 00:08:57,000 --> 00:08:58,840 Speaker 3: Then you have this, You go on an app and 157 00:08:58,879 --> 00:09:00,879 make an appointment is just slap in the face. 158 00:09:01,679 --> 00:09:03,159 Speaker 2: And so you change that. 159 00:09:03,240 --> 00:09:05,919 Speaker 3: You remain in Mexico and you do not let people 160 00:09:05,960 --> 00:09:09,759 stay here until their court date. You still provide a 161 00:09:09,840 --> 00:09:13,600 process for the relatively few numbers of asylum cases that 162 00:09:13,639 --> 00:09:17,000 are legitimate, but you don't you don't let everybody in. 163 00:09:17,080 --> 00:09:18,879 Speaker 2: You have a remain in Mexico policy. So that was 164 00:09:18,919 --> 00:09:19,879 a huge, huge part. 165 00:09:20,879 --> 00:09:23,600 Speaker 3: You've got other things as well. You've got the Lake 166 00:09:23,639 --> 00:09:27,679 and Riley Act signed into law. Good to see Congress 167 00:09:27,720 --> 00:09:29,639 get in on the action. They're about to do that 168 00:09:29,720 --> 00:09:33,320 again in reconciliation and provide hopefully provide more resources for 169 00:09:33,360 --> 00:09:36,279 the president to be able to go secure the border 170 00:09:36,320 --> 00:09:39,600 even more than he already has, and then also do deportations. 171 00:09:39,600 --> 00:09:42,399 Speaker 2: He ended catch and release. You know, it's just. 172 00:09:43,120 --> 00:09:45,480 Speaker 3: It goes on and on and on, and I think 173 00:09:45,799 --> 00:09:48,360 he's also even used other levers of policy to try 174 00:09:48,360 --> 00:09:51,279 to get Mexico in Canada to a lesser extent, to 175 00:09:51,320 --> 00:09:54,600 be a part of the solution, you know, using even 176 00:09:54,639 --> 00:09:56,720 tariffs on Mexico to make sure they get the border 177 00:09:56,799 --> 00:10:00,720 under control, because we've got to get this fentanyl under control. 178 00:10:00,799 --> 00:10:04,320 So really a plus plus plus for the president in 179 00:10:04,360 --> 00:10:06,840 the first hundred days. It may be his biggest accomplishment. 180 00:10:07,759 --> 00:10:09,679 The one thing I worry about is he accomplished it 181 00:10:09,840 --> 00:10:12,879 so fast and so quickly. I just hope the American 182 00:10:12,919 --> 00:10:15,000 people will remember that in the years to come. 183 00:10:15,320 --> 00:10:18,320 Speaker 1: I hope they will too. And the question is will 184 00:10:18,320 --> 00:10:20,879 the American people sustain him? Because you know better than 185 00:10:20,919 --> 00:10:26,559 anybody the barrage from the usual suspects and the accomplished media. 186 00:10:27,159 --> 00:10:31,200 You know, our good friends at NewsBusters the Media Research 187 00:10:31,240 --> 00:10:34,159 Center just came out with something that shouldn't be surprising. 188 00:10:34,240 --> 00:10:38,600 The first one hundred days of this presidency, ninety two 189 00:10:38,679 --> 00:10:43,440 percent negative coverage from the network, the broadcast networks, ABC, 190 00:10:43,559 --> 00:10:48,200 NBCCBS with this And again, this is what amazes me 191 00:10:48,559 --> 00:10:50,759 is that there is some sort of sense like I 192 00:10:50,759 --> 00:10:53,399 can't believe Donald Trump is doing this. I can't believe 193 00:10:53,399 --> 00:10:59,480 Donald Trump is going after violent illegal immigrants, and you know, 194 00:10:59,639 --> 00:11:03,879 the border patrol moving in to you know, to remove 195 00:11:03,960 --> 00:11:06,799 these people from our country. How could they possibly do this? 196 00:11:06,879 --> 00:11:10,720 Are you surprised that this is the hill that the 197 00:11:10,759 --> 00:11:14,320 Democrats the left have decided to die on the removal 198 00:11:14,519 --> 00:11:21,960 of extremely violent gang member, a terrorist list, illegal immigrants. 199 00:11:22,759 --> 00:11:25,279 Speaker 3: It's shocking on one level and not shocking on the other. 200 00:11:25,399 --> 00:11:29,000 Shocking because even fifteen years ago this was actually kind 201 00:11:29,000 --> 00:11:32,159 of the bipartisan viewpoint. Even in the early Obama years, 202 00:11:32,159 --> 00:11:33,960 he would at least say he wanted to secure the 203 00:11:34,000 --> 00:11:37,360 border and keep dangerous phones out. But you know, Trump 204 00:11:37,399 --> 00:11:42,600 derangement syndrome is a very powerful disease, corrupts the thinking 205 00:11:43,240 --> 00:11:46,440 all reason leaves, and I think that's what's happening is, 206 00:11:47,080 --> 00:11:48,840 you know, from their point of view, if Trump's for it, 207 00:11:48,879 --> 00:11:50,559 I'm against it, no matter what it is, even to 208 00:11:50,600 --> 00:11:53,559 the point of wanting to go visit a gang member, 209 00:11:54,240 --> 00:11:57,720 you know, in Central America. It's really shocking on that level, 210 00:11:57,840 --> 00:11:59,919 not shocking on the other level to see they're just 211 00:12:00,159 --> 00:12:02,639 not willing to cut him any kind of break on 212 00:12:02,720 --> 00:12:05,840 things that are just common sense. So that one might 213 00:12:05,879 --> 00:12:08,039 be the top one, the other top one might be 214 00:12:08,279 --> 00:12:12,840 dying on the Hill of letting men compete in women's sports. Yes, yeah, absolutely, 215 00:12:13,240 --> 00:12:16,720 it's easily in eighty twenty, maybe a ninety ten issue 216 00:12:16,720 --> 00:12:18,200 among the American people. 217 00:12:18,879 --> 00:12:21,799 Speaker 2: And they seem to want to stay on that hill. 218 00:12:21,919 --> 00:12:25,279 Speaker 3: Very few of them are retreating from the radical standpoint 219 00:12:25,360 --> 00:12:28,320 that a man can declare himself a woman and then 220 00:12:28,320 --> 00:12:31,720 be allowed into women's restrooms, women's prisons if they're a prisoner, 221 00:12:32,159 --> 00:12:35,600 and on women's sports teams. It's just sickening. And I 222 00:12:35,600 --> 00:12:40,159 think the President had a great signing ceremony where we 223 00:12:40,240 --> 00:12:43,879 had girls, young women who were in sports at the 224 00:12:43,879 --> 00:12:47,200 White House, showing that he's a real true defender of women. 225 00:12:47,600 --> 00:12:49,399 The party that claims to be a defender of women 226 00:12:49,480 --> 00:12:51,840 is now on the side I guess of trans men. 227 00:12:52,679 --> 00:12:54,799 Speaker 1: I hope that is never a popular position. 228 00:12:54,840 --> 00:12:55,039 Speaker 4: You know. 229 00:12:55,240 --> 00:12:58,440 Speaker 1: I think there were a lot of people, including yours truly, 230 00:12:58,679 --> 00:13:02,279 you know, as somebody who values information, a guy who 231 00:13:02,279 --> 00:13:04,440 makes his living on it, and I read a lot 232 00:13:04,440 --> 00:13:08,480 of different things. But you know, there was a time 233 00:13:09,440 --> 00:13:11,960 in these last four years what I thought, did America 234 00:13:12,000 --> 00:13:14,799 suddenly just do in a complete one point eighty did 235 00:13:14,840 --> 00:13:17,000 they change on this sort of stuff where they thought 236 00:13:17,039 --> 00:13:19,519 men and women in sports, that's a good idea, because 237 00:13:19,519 --> 00:13:23,559 that's what we heard everywhere. No, it turns out that's 238 00:13:23,600 --> 00:13:28,279 one of the big reasons why Donald Trump, you know, 239 00:13:28,399 --> 00:13:33,080 received the popular vote along with the electoral vote, because 240 00:13:33,080 --> 00:13:38,120 people were tired of that. Let's talk about the president's accomplishments, 241 00:13:38,120 --> 00:13:41,799 not just there, but just in DEI in general. Diversity, 242 00:13:42,759 --> 00:13:49,440 equity inclusion has become a cult for the left. It is, 243 00:13:50,240 --> 00:13:54,639 without a doubt, one of the most divisive things I've 244 00:13:54,639 --> 00:13:57,519 seen ever grip this country. And it feels it felt 245 00:13:57,559 --> 00:14:02,120 like a fever. It seems like Americans have awakened from 246 00:14:02,120 --> 00:14:08,440 that fevered dream. What are the main areas of DEI 247 00:14:09,120 --> 00:14:11,440 that the president took on that you think will have 248 00:14:11,480 --> 00:14:13,559 the most meaningful impact moving forward. 249 00:14:14,320 --> 00:14:17,720 Speaker 3: Well, it had infected every part of the federal government 250 00:14:18,480 --> 00:14:24,440 under President Biden. They were asking every grant recipient, pretty 251 00:14:24,480 --> 00:14:26,879 much pretty much every agency of government, what can you 252 00:14:26,919 --> 00:14:29,559 do to try to advance these principles of DEI. 253 00:14:29,919 --> 00:14:31,279 Speaker 2: It got to the point, Matt. 254 00:14:31,039 --> 00:14:34,120 Speaker 3: Where Corporate America was getting into the act as well, 255 00:14:34,879 --> 00:14:38,559 where companies were talking about it on their earnings calls. 256 00:14:38,600 --> 00:14:42,200 They were changing the way they're paying executives, doing board members, 257 00:14:42,279 --> 00:14:45,440 all the rest, and it just made you wonder, do 258 00:14:45,559 --> 00:14:46,960 we throw out the fourteenth Amendment? 259 00:14:46,960 --> 00:14:48,399 Speaker 2: What about equal protection? Here? 260 00:14:48,960 --> 00:14:51,759 Speaker 3: The law hadn't changed, but the customs had really changed. 261 00:14:52,080 --> 00:14:54,240 And what President Trump did as he came in and 262 00:14:54,279 --> 00:14:56,279 did an EO, he said, we're going to follow the law. 263 00:14:57,120 --> 00:15:00,559 People are going to be treated equally. The American people 264 00:15:00,639 --> 00:15:03,200 have it changed on that. We've seen polling. We've even 265 00:15:03,240 --> 00:15:06,279 done some polling that shows it's a pretty durable standpoint 266 00:15:06,279 --> 00:15:09,159 from the American people that people should be treated equally 267 00:15:09,200 --> 00:15:12,559 regardless of their race. So if you have that as 268 00:15:12,559 --> 00:15:16,200 you're guiding star all of these DEI programs, they're not 269 00:15:16,360 --> 00:15:20,919 meant they sound reasonably good. Right, equity versus equality? Okay, 270 00:15:20,919 --> 00:15:23,200 what does that mean? Well, we should have paid attention 271 00:15:23,200 --> 00:15:26,559 to Kamala Harris who in twenty twenty, I think it 272 00:15:26,600 --> 00:15:28,840 was a day or day or two before the election, 273 00:15:28,919 --> 00:15:32,120 she did a long video explaining what equity is and 274 00:15:32,159 --> 00:15:36,159 it's really warmed over Marxism where she talks about it's 275 00:15:36,159 --> 00:15:39,440 not about equal chances, it's about equal outcomes. 276 00:15:40,120 --> 00:15:42,360 Speaker 2: And that's what they mean. Just by that slight change. 277 00:15:42,440 --> 00:15:46,200 Speaker 3: Even though to the common man equity and equality sound 278 00:15:46,200 --> 00:15:51,080 pretty equal, they mean two very different things. Diametrically opposite things. Similarly, 279 00:15:51,240 --> 00:15:54,799 with diversity, we as Americans are very familiar with diversity. 280 00:15:54,799 --> 00:15:59,320 People from all over the world, either recently or six 281 00:15:59,360 --> 00:16:02,200 generations came here from somewhere, you know, may not go 282 00:16:02,279 --> 00:16:05,080 to the same church and all that, but you know, 283 00:16:05,159 --> 00:16:08,159 we respect diversity. We're fine with people being different. We 284 00:16:08,159 --> 00:16:09,720 don't have to all be the same. But that's not 285 00:16:09,759 --> 00:16:12,840 what they mean. They mean there is forcing in and 286 00:16:12,879 --> 00:16:15,799 forcing out people according to their race, and that's just 287 00:16:15,840 --> 00:16:19,480 fundamentally on American And then inclusion sounds so nice, We're 288 00:16:19,519 --> 00:16:23,600 going to include everybody. But I remember one incident in 289 00:16:23,600 --> 00:16:27,039 them all of America where a gentleman was wearing a 290 00:16:27,080 --> 00:16:30,679 religious t shirt witnessing about Jesus Christ, and they said, 291 00:16:30,679 --> 00:16:32,559 you're not welcome here because you're not inclusive. 292 00:16:32,720 --> 00:16:33,240 Speaker 1: Wow. 293 00:16:33,799 --> 00:16:36,360 Speaker 2: And so that kind of was the flavor in the air. 294 00:16:36,879 --> 00:16:39,879 Speaker 3: And a lot of that happened around twenty twenty twenty, 295 00:16:39,960 --> 00:16:42,799 nineteen twenty twenty, and then got even worse under COVID 296 00:16:42,840 --> 00:16:44,759 when you remember, we weren't allowed to go to church. 297 00:16:44,840 --> 00:16:47,240 But if you were going to go to, you know, 298 00:16:47,279 --> 00:16:50,000 a Black Lives Matter march, that'd be okay by them. 299 00:16:50,320 --> 00:16:52,519 Speaker 2: And I think people just woke up about it. You know. 300 00:16:52,519 --> 00:16:53,039 We did some. 301 00:16:52,919 --> 00:16:56,320 Speaker 3: Polling for the American people in twenty twenty four open ended. 302 00:16:56,840 --> 00:16:59,279 We also did some focus groups and some key places 303 00:16:59,279 --> 00:17:01,159 around the country and we just opened into the asked 304 00:17:01,200 --> 00:17:04,279 them what they thought about issues, and it came to inflation, 305 00:17:05,000 --> 00:17:09,200 to the border, and people brought up transgenderism and DEI 306 00:17:09,240 --> 00:17:12,160 and just what's happening to our country. These weren't conservatives 307 00:17:12,200 --> 00:17:14,640 that we were talking to. These were, for the most part, 308 00:17:14,680 --> 00:17:17,359 fairly a political moderate folks. They would bring it up 309 00:17:17,400 --> 00:17:20,000 on their own. And I think the American people have 310 00:17:20,039 --> 00:17:23,359 had enough, and you see what's happening with President Trump. 311 00:17:23,359 --> 00:17:26,559 Those parts of Rugenda are very very popular and it's 312 00:17:26,599 --> 00:17:27,799 not abating at all. 313 00:17:30,599 --> 00:17:33,759 Speaker 4: The people out there that follow their politicians off a 314 00:17:33,839 --> 00:17:36,039 cliff are a bit of a problem. The watched aut 315 00:17:36,119 --> 00:17:39,039 On Wall Street podcast with Chris Markowski. Every day Chris 316 00:17:39,039 --> 00:17:41,839 helps unpack the connection between politics and the economy and 317 00:17:41,880 --> 00:17:45,000 how it affects your wallet. Many pensions are down billions 318 00:17:45,039 --> 00:17:47,400 after the market sell off from the tariffs. Could this 319 00:17:47,519 --> 00:17:50,519 mean pension cuts down the road? Some people out there 320 00:17:50,599 --> 00:17:52,880 failed to see the force for the trees. Whether it's 321 00:17:52,920 --> 00:17:55,119 happening in DC or down on Wall Street. It's affecting 322 00:17:55,119 --> 00:17:57,519 you financially. Be informed. Check out the Watchout on Wall 323 00:17:57,519 --> 00:18:00,599 Street podcast with Chris Markowski on Apple, Spotify, or wherever 324 00:18:00,599 --> 00:18:01,519 you get your podcasts. 325 00:18:04,519 --> 00:18:07,160 Speaker 1: I think a lot of us got tired of the signs. 326 00:18:07,240 --> 00:18:09,240 Remember the signs are still out there, of course, and 327 00:18:09,279 --> 00:18:11,680 you live in the DC area, I'm sure you still 328 00:18:11,680 --> 00:18:14,240 see the yard signs. In this house, we believe, you know, 329 00:18:14,440 --> 00:18:20,160 these righteous indignation about where folks are and what they 330 00:18:20,160 --> 00:18:22,759 should say on those signs. In this house, we believe 331 00:18:23,400 --> 00:18:26,400 a lot of different things, but when it comes to 332 00:18:26,480 --> 00:18:31,039 DEI we're going to fight what we believe to be 333 00:18:31,160 --> 00:18:35,920 the lie of systemic racism with more racism, you know, 334 00:18:36,160 --> 00:18:43,160 with more discrimination. And Americans I think grew very, very 335 00:18:43,240 --> 00:18:48,160 tired of that. In the post twenty twenty Marxist BLM 336 00:18:48,359 --> 00:18:52,200 movement that we saw out there, they really really drove that. 337 00:18:52,519 --> 00:18:56,680 Our guest today is Derek Morgan, Executive vice president of 338 00:18:56,680 --> 00:18:59,440 the Heritage Foundation, as we take a look at President 339 00:18:59,440 --> 00:19:03,039 Trump's first one hundred days in office, a robust one 340 00:19:03,119 --> 00:19:08,200 hundred days to say the very least. We talk about 341 00:19:08,519 --> 00:19:12,680 a lot of issues and immigration, the border crisis, obviously 342 00:19:12,960 --> 00:19:15,559 was a big issue in the twenty twenty four election. 343 00:19:16,200 --> 00:19:22,240 DEI and all of this sort of stuff trans women 344 00:19:22,839 --> 00:19:25,440 of men and women's sports in general. That was a 345 00:19:25,519 --> 00:19:29,920 huge issue. But nothing is bigger than the economy. What 346 00:19:30,079 --> 00:19:32,599 say you about the first one hundred days of Donald 347 00:19:32,640 --> 00:19:37,000 Trump's presidency when it comes to those issues the economy, 348 00:19:37,039 --> 00:19:39,599 and then right under that is inflation of course. 349 00:19:40,599 --> 00:19:45,440 Speaker 3: Yeah, Well, he's really had taken bold action in some 350 00:19:45,519 --> 00:19:47,359 good ways and in some ways that are going to 351 00:19:47,359 --> 00:19:50,880 take some time, and it's incredibly important that Congress comes 352 00:19:50,880 --> 00:19:54,440 alongside him and passes a good reconciliation bill that cuts 353 00:19:54,440 --> 00:19:56,240 spending and cuts taxes. 354 00:19:56,680 --> 00:19:58,119 Speaker 2: So unpack that a little bit. 355 00:19:58,880 --> 00:20:01,759 Speaker 3: You see when the President ca Amen there was a 356 00:20:01,799 --> 00:20:04,960 lot of enthusiasm for the deregulatory agenda. 357 00:20:05,000 --> 00:20:08,000 Speaker 2: He is continuing that. He is pushing that very quickly. 358 00:20:08,519 --> 00:20:12,480 Speaker 3: He's certainly got the Environmental Protection Agency, which is probably 359 00:20:12,519 --> 00:20:15,880 the most runaway federal agency. He's put them back in 360 00:20:15,920 --> 00:20:19,440 a cage in a way to focus on real environmental 361 00:20:19,440 --> 00:20:23,319 issues and not everything on climate change. At whatever cost, 362 00:20:23,480 --> 00:20:26,119 we're going to try to address this problem. So I 363 00:20:26,119 --> 00:20:28,039 think that he gets an A plus four and all 364 00:20:28,039 --> 00:20:32,079 of that right the taxes. He wants to extend his 365 00:20:32,200 --> 00:20:35,400 tax proposals from his first term that were very effective, 366 00:20:35,799 --> 00:20:39,519 things like expensing immediate expensing so that people invest in 367 00:20:39,519 --> 00:20:42,839 the United States get an immediate tax recognition of that 368 00:20:42,920 --> 00:20:46,400 and can build in America. And so that hasn't happened yet, 369 00:20:46,440 --> 00:20:49,039 but he's certainly leading in that direction and Congress will 370 00:20:49,039 --> 00:20:52,119 hopefully follow suit. And probably the most controversial part has 371 00:20:52,160 --> 00:20:55,599 been his tariff policy. And of course tariffs can be 372 00:20:55,680 --> 00:20:57,839 used as a tool of state craft. We saw that 373 00:20:58,240 --> 00:21:00,240 he wanted to use that with a bordering country is 374 00:21:00,319 --> 00:21:04,599 on finanyl and undoubtedly fentanyl is a crisis. You're approaching 375 00:21:04,599 --> 00:21:08,359 one hundred thousand deaths each year from that, you know, 376 00:21:08,440 --> 00:21:11,079 more than the Vietnam War, the entirety of the Vietnam War. 377 00:21:11,440 --> 00:21:14,880 It is just a huge crisis in America. And so 378 00:21:14,960 --> 00:21:18,839 he is playing hardball with our neighbors and with China 379 00:21:18,880 --> 00:21:19,799 over that issue. 380 00:21:20,079 --> 00:21:21,400 Speaker 2: And that's an. 381 00:21:21,039 --> 00:21:25,240 Speaker 3: Effective and perfectly legitimate use of tariffs. And then he 382 00:21:25,279 --> 00:21:28,039 opened another front on the tariff war by trying to 383 00:21:28,039 --> 00:21:31,680 get to more reciprocal trade policies. And essentially what he 384 00:21:31,720 --> 00:21:35,839 means there is breaking down barriers for American produced goods 385 00:21:35,839 --> 00:21:37,759 to be sold overseas. 386 00:21:37,680 --> 00:21:39,079 Speaker 2: And so that's ongoing. Now. 387 00:21:39,359 --> 00:21:41,720 Speaker 3: He's made some good progress with some of our closer 388 00:21:41,720 --> 00:21:45,079 and bigger trading partners, countries like South Korea, which by 389 00:21:45,119 --> 00:21:47,200 the way, he negotiated a new trade agreement with them 390 00:21:47,200 --> 00:21:49,839 his first term, so he's looking to improve even on 391 00:21:49,880 --> 00:21:50,880 that this time around. 392 00:21:51,519 --> 00:21:52,759 Speaker 2: Japan he's had some good. 393 00:21:52,559 --> 00:21:56,400 Speaker 3: Talks with as well several others, so that's promising and 394 00:21:56,440 --> 00:21:59,440 we hope that that'll lead to better trade agreements and 395 00:21:59,480 --> 00:22:01,720 even hopeful freer trade so that we can compete on 396 00:22:01,759 --> 00:22:03,440 a level playing field. We haven't had that in a 397 00:22:03,480 --> 00:22:06,960 lot of cases, where a lot of countries are putting 398 00:22:07,000 --> 00:22:10,000 up tariffs, but even more so non tariff barriers for 399 00:22:10,039 --> 00:22:12,480 our goods, and so we need to let that work 400 00:22:12,519 --> 00:22:16,759 out over time as well, and we're hoping that it 401 00:22:17,359 --> 00:22:20,160 would be even better. He's got a ten percent baseline 402 00:22:20,200 --> 00:22:21,920 tariff that he wants to use as kind of a 403 00:22:21,960 --> 00:22:25,839 revenue source and also as a way to more level 404 00:22:25,839 --> 00:22:28,440 the playing field. This gets a little wonky, but that's 405 00:22:28,480 --> 00:22:32,039 what the federalist hour is all about. When you look 406 00:22:32,119 --> 00:22:35,480 at our tax system in the United States, we're about 407 00:22:35,480 --> 00:22:40,160 the only one that penalizes exports and incentivizes imports in 408 00:22:40,200 --> 00:22:42,160 our income tax system because of the way it's set 409 00:22:42,240 --> 00:22:45,519 up territoriality. What he wants to try to do, we 410 00:22:45,559 --> 00:22:47,720 think in what we think would be even the best 411 00:22:47,759 --> 00:22:50,880 idea is to have a border adjustment mechanism so that 412 00:22:50,920 --> 00:22:55,680 we're crediting our exports and taxing imports at a reasonable level. 413 00:22:55,680 --> 00:22:59,279 That's what every other country does value added taxes, and 414 00:22:59,480 --> 00:23:01,759 it's you know, you add that onto the price of 415 00:23:01,799 --> 00:23:05,440 a Ford Mustang over in Europe, and whereas if you 416 00:23:05,480 --> 00:23:07,559 have say Evolvo coming here to the United States, they 417 00:23:07,559 --> 00:23:09,880 don't have any import duties at all. So we think 418 00:23:09,920 --> 00:23:12,759 that could be a good measure that would be pro 419 00:23:12,799 --> 00:23:16,519 free market. It wouldn't distort the markets, could raise some revenue, 420 00:23:16,519 --> 00:23:18,720 and makes the world trading system more fair. So we've 421 00:23:18,759 --> 00:23:20,839 been pushing that on the hill. We think that's probably 422 00:23:20,880 --> 00:23:23,119 a better way to do it rather than a tariff. 423 00:23:23,519 --> 00:23:25,720 But if you add all of that together, at the 424 00:23:25,839 --> 00:23:28,240 end of the day, if you extend these tax cuts 425 00:23:28,240 --> 00:23:32,599 and hopefully improve them, if you get the regulatory burdened down. 426 00:23:32,640 --> 00:23:34,880 We just did a report over trillion dollars a year 427 00:23:35,400 --> 00:23:38,319 could potentially come in from those from that regulatory reform. 428 00:23:39,240 --> 00:23:41,559 You do those two things, and you get tariffs toward 429 00:23:42,000 --> 00:23:45,599 good negotiated settlements, you've got a recipe for a booming economy. 430 00:23:45,920 --> 00:23:47,799 And right now we're saying, let's get all three done, 431 00:23:47,839 --> 00:23:49,759 and let's do it as quickly as you can to 432 00:23:49,759 --> 00:23:52,240 get the economy even on stronger footing than it is now. 433 00:23:52,599 --> 00:23:54,799 Speaker 1: Yeah, as you mentioned, I mean, these things take time, 434 00:23:55,680 --> 00:23:59,880 you know. I know President Donald Trump likes things to 435 00:24:00,720 --> 00:24:04,079 have immediate impact if he possibly can. I think he 436 00:24:04,200 --> 00:24:08,240 understands that there's there's a lot of time, there's a 437 00:24:08,279 --> 00:24:11,680 lot of energy that goes into these sorts of things. 438 00:24:11,720 --> 00:24:15,200 We're into the first one hundred days now, all the 439 00:24:15,240 --> 00:24:19,319 tariff question. I know, you know, there are folks, obviously 440 00:24:19,359 --> 00:24:21,200 on the left, who are trying to make political hay 441 00:24:21,240 --> 00:24:24,000 out of this with the volatility that naturally comes from 442 00:24:24,000 --> 00:24:27,119 the stock market when you're engaged in, you know, a 443 00:24:27,200 --> 00:24:30,359 tariff battle when you are trying. By the way, which 444 00:24:30,400 --> 00:24:35,480 should be explained in this coverage but never obviously, is 445 00:24:35,519 --> 00:24:40,079 from the usual suspects of corporate media that for years, 446 00:24:40,200 --> 00:24:45,240 for decades upon decades, American businesses, this country, you know, 447 00:24:45,480 --> 00:24:52,559 has we have been absolutely bludgeoned by tariffs that are 448 00:24:52,720 --> 00:24:55,720 in the best interest of other countries and never in 449 00:24:55,799 --> 00:25:00,319 the best interest of America. Of course, that's it. I 450 00:25:00,480 --> 00:25:03,559 get it. If you're a baby boomer and you're nearing 451 00:25:03,640 --> 00:25:08,759 retirement or you're in retirement and you see the value 452 00:25:08,880 --> 00:25:15,720 of your retirement starting to fall, you get nervous. Where 453 00:25:15,720 --> 00:25:20,440 do you think all of this is going? Given the 454 00:25:21,240 --> 00:25:27,440 public relations battle that goes on with this attempt to 455 00:25:27,480 --> 00:25:32,720 redefine where America is in terms of tariffs, in terms 456 00:25:32,799 --> 00:25:34,400 of world trade. 457 00:25:34,680 --> 00:25:37,279 Speaker 3: I'm optimistic. I think that we can get some really 458 00:25:37,319 --> 00:25:40,000 good trade deals. We're already seeing people in some countries 459 00:25:40,039 --> 00:25:42,519 come to the table, and so if we can bag 460 00:25:42,559 --> 00:25:44,920 a couple of wins there early, I think that builds 461 00:25:44,960 --> 00:25:47,839 momentum and you build on it one by one by one, 462 00:25:48,359 --> 00:25:51,079 and you get morefare trade deals for our producers here 463 00:25:51,079 --> 00:25:53,400 in the United States. And it's about time that that's happened. 464 00:25:53,920 --> 00:25:56,039 Once that starts to happen, it's already started to happen. 465 00:25:56,079 --> 00:25:59,319 I think you see the market is regaining some confidence there, 466 00:26:00,079 --> 00:26:02,839 and I'm hopeful that we'll be on a strong trajectory, 467 00:26:02,880 --> 00:26:05,319 especially if the deregulation keeps going and if the tax 468 00:26:05,359 --> 00:26:08,160 cuts get done as a full package, that's going to 469 00:26:08,200 --> 00:26:11,559 make America the best place in the world to invest. Look, 470 00:26:12,240 --> 00:26:17,119 there's a reason why our manufacturing sector has been struggling. 471 00:26:17,160 --> 00:26:19,720 It's not all trade, possibly could be part of it. 472 00:26:20,559 --> 00:26:24,160 The biggest part has been the regulatory strangle hold that 473 00:26:24,240 --> 00:26:27,000 the EPA in particular has, and you think about NIPA 474 00:26:27,079 --> 00:26:30,039 and environmental permitting. It's just very hard to build things here. 475 00:26:30,079 --> 00:26:32,480 It costs three times maybe five times as much in 476 00:26:32,480 --> 00:26:35,200 some cases, and it's just hard to make that investment 477 00:26:35,200 --> 00:26:38,200 decision here. If we get those things fixed, if we 478 00:26:38,240 --> 00:26:41,200 get our tax system more on even keel with the 479 00:26:41,240 --> 00:26:43,519 rest of the world, I think you'll see investments sore 480 00:26:43,599 --> 00:26:45,200 the United States. And in fact, that was one real 481 00:26:45,400 --> 00:26:48,799 silver lining with today's economy report was at a twenty 482 00:26:48,839 --> 00:26:52,559 two percent increase in investment, and so over time I 483 00:26:52,559 --> 00:26:54,799 think you'll see more investment come into the United States. 484 00:26:54,839 --> 00:26:58,559 You're already seeing that American companies have had not a 485 00:26:58,559 --> 00:27:03,240 great experience, shall we say, in China, the Communist Chinese, 486 00:27:03,319 --> 00:27:06,720 the Chinese Communist Party is very much about supporting their 487 00:27:06,759 --> 00:27:10,000 businesses at the expense of Western businesses, and so many 488 00:27:10,039 --> 00:27:12,559 of them have been hurt and seen at firsthand. 489 00:27:12,559 --> 00:27:14,839 Speaker 2: That they're not even arguing. 490 00:27:14,599 --> 00:27:16,279 Speaker 3: Like they would have twenty years ago, that no, this 491 00:27:16,400 --> 00:27:19,680 is the future, we have to be here. They're only saying, 492 00:27:19,720 --> 00:27:23,519 give us some time to restructure everything. And so it's 493 00:27:23,599 --> 00:27:25,559 kind of the same analogy with what he's doing at 494 00:27:25,599 --> 00:27:28,079 so many other fronts. He's turned the ship. We're heading 495 00:27:28,119 --> 00:27:30,440 in a new direction. It'll take a little time to 496 00:27:30,440 --> 00:27:32,799 build up some speed. If you think about like an 497 00:27:32,799 --> 00:27:35,160 aircraft carrier and turning an aircraft carrier. We turned it 498 00:27:35,200 --> 00:27:36,839 awfully quick, and now we've got to kind of pick 499 00:27:36,880 --> 00:27:39,240 up some speed. And so I think with all that 500 00:27:40,960 --> 00:27:42,880 taken into consideration, it's going to be a very very 501 00:27:42,920 --> 00:27:43,720 strong economy. 502 00:27:43,839 --> 00:27:44,519 Speaker 2: Another boom. 503 00:27:45,279 --> 00:27:48,039 Speaker 1: Where do you see we've talked as we talk today, 504 00:27:48,079 --> 00:27:51,160 of course, the numbers come out on GDP and some 505 00:27:51,279 --> 00:27:55,119 other important indicators this week. What did you think of 506 00:27:55,160 --> 00:27:58,920 the GDP numbers released this week? How much of that 507 00:27:59,319 --> 00:28:03,799 is hangover, how much of that is tariffs? And where 508 00:28:03,799 --> 00:28:05,440 do we go from here on that front? Where do 509 00:28:05,480 --> 00:28:08,119 you see? As you just mentioned, you have made a 510 00:28:08,160 --> 00:28:12,759 pretty abrupt about face. Now eventually you're going to get 511 00:28:12,839 --> 00:28:16,279 on the path where your cruising along. But there are 512 00:28:16,319 --> 00:28:18,880 some rough choppy waters before you get there, of course 513 00:28:19,519 --> 00:28:19,920 there is. 514 00:28:19,960 --> 00:28:23,160 Speaker 3: And look, American businesses, like all businesses around the world, 515 00:28:23,359 --> 00:28:26,039 don't like uncertainty. And there's a little bit of uncertainty 516 00:28:26,119 --> 00:28:28,759 right now with teriff rates being here and then there 517 00:28:28,799 --> 00:28:31,000 being a pause, and then there's going to be negotiations 518 00:28:31,039 --> 00:28:33,920 and people are trying to figure out their supply chains 519 00:28:33,960 --> 00:28:34,559 and all the rest. 520 00:28:34,599 --> 00:28:36,599 Speaker 2: So yeah, there'll be some bumps and bruises. 521 00:28:36,240 --> 00:28:38,599 Speaker 3: Along the way, for sure, but hopefully that'll be a 522 00:28:38,640 --> 00:28:41,519 transition and fairly short one as we get good trade 523 00:28:41,519 --> 00:28:44,720 deals done and that can put us onto a better path. 524 00:28:45,119 --> 00:28:47,119 I think it's important as we think about this too, 525 00:28:47,279 --> 00:28:50,240 that it's really a geopolitical competition with China, And this 526 00:28:50,279 --> 00:28:53,960 is a really important point. China has been cheating at trade, 527 00:28:54,319 --> 00:28:58,599 at intellectual property, at the rules that they require our 528 00:28:58,640 --> 00:29:01,759 businesses to operate under in China if they allow them 529 00:29:01,759 --> 00:29:02,559 to operate. 530 00:29:02,240 --> 00:29:03,240 Speaker 2: At all, which they don't. 531 00:29:03,240 --> 00:29:05,920 Speaker 3: Several of our big tech companies, for example, can't even 532 00:29:05,920 --> 00:29:09,279 operate there at all, And we're just not going to 533 00:29:09,279 --> 00:29:13,920 take it anymore. Is that going to cause some disruption 534 00:29:14,039 --> 00:29:16,240 in the marketplace? Sure, if you've got your supply chains 535 00:29:16,240 --> 00:29:18,759 in China, But if you're a businessman, you should have 536 00:29:18,759 --> 00:29:20,440 been looking at this the last ten years or so. 537 00:29:20,480 --> 00:29:23,279 It's a bipartisan issue. It's not just Trump. He's the 538 00:29:23,279 --> 00:29:25,240 one that started it in his first term, but Biden 539 00:29:25,319 --> 00:29:28,880 largely kept the tariffs on China in place, and now 540 00:29:28,960 --> 00:29:33,000 Trump's subtly and steadily, I think, putting his foot on 541 00:29:33,039 --> 00:29:35,640 the accelerator, and American companies are trying to move as 542 00:29:35,680 --> 00:29:37,839 fast as they can to get better supply chains. As 543 00:29:37,839 --> 00:29:41,480 that's happening, as we're in this competition with China, we 544 00:29:41,680 --> 00:29:45,359 need to be thoughtful about all of our allies who 545 00:29:45,359 --> 00:29:47,720 we want to keep kind of in our block, if 546 00:29:47,759 --> 00:29:50,880 you will. So you think about South Korea, you think 547 00:29:50,880 --> 00:29:53,480 about Japan, you think about Australia, you think about large 548 00:29:53,519 --> 00:29:58,680 parts of Europe. They hopefully can be operating on our 549 00:29:58,759 --> 00:30:02,000 standards and we can have trade amongst ourselves to be 550 00:30:02,039 --> 00:30:05,640 efficient and have scale that can match China and their 551 00:30:05,680 --> 00:30:09,319 block which is forming, which is China and Russia, Iran, 552 00:30:10,160 --> 00:30:12,440 some parts of Africa. Some of the bricks countries are 553 00:30:12,519 --> 00:30:15,319 experimenting and kind of looking at both of these different 554 00:30:15,319 --> 00:30:17,599 camps figuring out where they're going to go. We need 555 00:30:17,599 --> 00:30:20,160 to really unite the world against the Chinese Communist Party. 556 00:30:20,200 --> 00:30:24,400 It is unbelievably evil to its own people. It's committed genocide, 557 00:30:24,880 --> 00:30:28,200 it certainly cheats at trade, and it does not have 558 00:30:28,799 --> 00:30:31,400 the good of anyone in its sites other than the 559 00:30:31,480 --> 00:30:32,839 Chinese Communist Party itself. 560 00:30:32,880 --> 00:30:36,119 Speaker 2: So that's the really important macro issue. 561 00:30:35,839 --> 00:30:37,599 Speaker 3: That we need to be thinking about, and I think 562 00:30:37,640 --> 00:30:39,880 that Trump is thinking about, is how do we isolate 563 00:30:39,960 --> 00:30:41,680 China and how do we rally the rest of the 564 00:30:41,720 --> 00:30:43,200 allies in that fight. 565 00:30:44,119 --> 00:30:49,119 Speaker 1: Those who believe that this is just about tariffs are 566 00:30:49,160 --> 00:30:53,599 not certainly understanding the full picture here, As you say, 567 00:30:53,799 --> 00:30:59,440 this is vastly about China, and what let's be honest here, 568 00:31:00,079 --> 00:31:06,039 globalists in the US and elsewhere have done for decades 569 00:31:07,119 --> 00:31:11,200 trying to artificially prop up the Chinese economy in the 570 00:31:11,279 --> 00:31:18,720 name of profits for their particular interest. Americans have paid 571 00:31:18,720 --> 00:31:22,039 the price and will continue to pay the price if 572 00:31:22,079 --> 00:31:26,279 we don't get serious about that. That's what this administration, 573 00:31:26,400 --> 00:31:29,599 I believe, has done in the first one hundred days. Yes, 574 00:31:29,640 --> 00:31:34,319 and when you are so dependent on an economy, you 575 00:31:34,359 --> 00:31:38,640 are so dependent on a country to supply because of 576 00:31:38,720 --> 00:31:42,599 all of these artificial means, you know, dating back even 577 00:31:42,759 --> 00:31:48,640 before the acceptance of China into the World Trade Organization 578 00:31:48,799 --> 00:31:53,640 and all of the benefits that arrived therein it's going 579 00:31:53,759 --> 00:31:56,480 to be bruising, it's going to hurt for a while. 580 00:31:56,640 --> 00:32:01,079 But if you it's an addiction, and to break an 581 00:32:01,079 --> 00:32:05,359 addiction is very difficult. That doesn't mean that it's not 582 00:32:05,839 --> 00:32:11,119 worth your life, your body, your mind to break that addiction. 583 00:32:11,319 --> 00:32:13,519 That's what's going on now, would you agree it is? 584 00:32:13,599 --> 00:32:13,839 Speaker 2: Yes? 585 00:32:13,920 --> 00:32:16,960 Speaker 3: And in addition to profits, and American companies saw a 586 00:32:16,960 --> 00:32:20,880 big market in China, and you know, it even worked 587 00:32:20,880 --> 00:32:22,240 for some of them for a time if you look 588 00:32:22,240 --> 00:32:25,079 at for example, GM at one point was more profitable 589 00:32:25,200 --> 00:32:26,319 in China than the US. 590 00:32:26,359 --> 00:32:28,200 Speaker 2: But they're not anymore. They're basically getting out of the 591 00:32:28,200 --> 00:32:28,920 market altogether. 592 00:32:29,640 --> 00:32:32,799 Speaker 3: The Chinese have a way of inviting people in somehow 593 00:32:32,880 --> 00:32:36,480 acquiring the technology of their Western partners, sometimes explicitly, sometimes 594 00:32:36,519 --> 00:32:40,319 otherwise yes, and then when they have had enough use 595 00:32:40,359 --> 00:32:42,480 of them, they essentially kicked them out of the country 596 00:32:43,160 --> 00:32:46,599 and have their own national champions. So there's the profit motive, 597 00:32:47,079 --> 00:32:49,000 and that turned out to be a bad bet. But 598 00:32:49,079 --> 00:32:51,359 there was also a political motive that even some on 599 00:32:51,400 --> 00:32:55,359 the conservative side of the ledger had a major bet 600 00:32:55,920 --> 00:32:59,319 we thought if we openly traded with China, they would 601 00:32:59,319 --> 00:33:02,400 come into kind of the global system, if you will, 602 00:33:02,839 --> 00:33:07,039 and that they would adopt American norms. And that was 603 00:33:07,119 --> 00:33:10,839 a total abject failure. There's no other way to put it. 604 00:33:11,000 --> 00:33:13,680 And it was bipartisan, and it was multi decades long, 605 00:33:14,079 --> 00:33:16,359 and in fact, if your listeners would want to read 606 00:33:16,359 --> 00:33:19,559 more about it, the one hundred Year Marathon. Michael Pillsbury, 607 00:33:19,599 --> 00:33:22,319 my colleague here at Heritage, wrote that book, and he 608 00:33:22,359 --> 00:33:25,160 goes and he talks about how the Chinese Communist Party 609 00:33:25,200 --> 00:33:28,960 had a plan from nineteen forty nine when they took power. 610 00:33:29,319 --> 00:33:31,920 By twenty forty nine, they want to supplant the United 611 00:33:31,960 --> 00:33:35,519 States as the world's hegemon, and in fact, they think 612 00:33:35,559 --> 00:33:39,240 that they're ahead of schedule now and they're being more 613 00:33:39,240 --> 00:33:41,720 aggressive now than they were ten fifteen years ago. President 614 00:33:41,799 --> 00:33:44,640 g has certainly put an accelerator on that. But if 615 00:33:44,680 --> 00:33:46,559 you want to know what's really on their minds, it's 616 00:33:46,960 --> 00:33:49,720 knocking the United States off as the global hegemon and 617 00:33:49,759 --> 00:33:52,640 instead they become the global hedgemon. And we have to 618 00:33:52,680 --> 00:33:56,119 recognize that we're in a fight with another superpower, one 619 00:33:56,119 --> 00:34:01,480 that is not content to just make profits off of trade, 620 00:34:02,079 --> 00:34:04,720 but they want to dominate their neighbors. We see that 621 00:34:04,920 --> 00:34:08,000 they want to intimidate Taiwan. We see that, and so 622 00:34:08,039 --> 00:34:10,559 it's important that the United States have strong allies and 623 00:34:10,599 --> 00:34:14,519 prevent China from making a really terrible move innovating Taiwan 624 00:34:14,559 --> 00:34:15,159 for example. 625 00:34:15,559 --> 00:34:17,639 Speaker 1: Do you know how you do all of that? We've 626 00:34:17,679 --> 00:34:19,519 just seen it over the last hundred days. You have 627 00:34:19,559 --> 00:34:24,920 adults in the room. You have adults who actually say, listen, 628 00:34:24,960 --> 00:34:27,519 if we don't deal with this now, this will be 629 00:34:27,800 --> 00:34:32,800 so much more costly for this country moving forward. Obviously, 630 00:34:32,840 --> 00:34:36,440 the economy, tariffs, all of it ties into domestic and 631 00:34:36,519 --> 00:34:41,440 foreign policy. But one of the big areas I think 632 00:34:41,480 --> 00:34:43,880 that we haven't discussed yet that I certainly want to 633 00:34:43,920 --> 00:34:47,199 make sure that we give full attention to, and that 634 00:34:47,400 --> 00:34:51,440 is getting our own house in order. Yes, the importance 635 00:34:51,679 --> 00:34:57,719 of the Department of Government efficiency. Those has become a 636 00:34:57,840 --> 00:35:03,800 household name. Whether you like it or you don't, but 637 00:35:03,920 --> 00:35:08,599 it has brought to the American people the attention that 638 00:35:08,679 --> 00:35:15,599 I think it deserves, and that is this bloated federal bureaucracy. 639 00:35:15,639 --> 00:35:19,320 You know, the trillions of dollars a criminal waste you 640 00:35:19,400 --> 00:35:23,920 mentioned usaid earlier. There are so many different areas, though, 641 00:35:26,519 --> 00:35:30,079 where do you believe this issue is settling after one 642 00:35:30,159 --> 00:35:31,480 hundred days in America? 643 00:35:32,199 --> 00:35:36,079 Speaker 3: It's really fantastic. It's excellent work. He has captured the 644 00:35:36,519 --> 00:35:39,239 Elon Musk and the folks that he's recruited out of 645 00:35:39,760 --> 00:35:42,519 many of them. Meta Silicon Valley have captured the imagination. 646 00:35:42,599 --> 00:35:44,760 I thought they've done a good job when they've been 647 00:35:44,760 --> 00:35:48,119 in the media talking about what they're doing, finding very 648 00:35:48,119 --> 00:35:52,159 simple examples of fraud, like social Security checks going to 649 00:35:52,159 --> 00:35:54,000 people at a one hundred and twenty or more years old, 650 00:35:54,760 --> 00:35:58,320 you know, very communicable, very easy to understand, and their businessmen, 651 00:35:58,400 --> 00:36:01,559 and I think people understand that American people understand that 652 00:36:01,559 --> 00:36:02,880 the government is out of control. 653 00:36:03,159 --> 00:36:04,719 Speaker 2: They look at people react. 654 00:36:04,400 --> 00:36:06,360 Speaker 3: Some of the government employees and how they react to 655 00:36:06,400 --> 00:36:09,920 these layoffs, and they think, well, I've been having to 656 00:36:09,960 --> 00:36:12,960 deal with this my whole life. No one's guaranteed a job, 657 00:36:13,000 --> 00:36:15,199 and that should be the same if you're a public servant. 658 00:36:15,280 --> 00:36:17,480 But let me give you just one example, Matt so 659 00:36:17,639 --> 00:36:20,840 In thirty years ago, Heritage wrote a paper about USAID, 660 00:36:21,400 --> 00:36:24,199 had all the facts in there about just how wasteful 661 00:36:24,199 --> 00:36:26,199 it was, and even back then, thirty years ago, it 662 00:36:26,239 --> 00:36:30,599 was completely left wing, and so, you know, undermining traditional 663 00:36:30,599 --> 00:36:33,239 American values all around the globe. And we called for 664 00:36:33,320 --> 00:36:36,039 its elimination, and we've done that many times since then. 665 00:36:36,599 --> 00:36:38,599 But it took a man of courage. It took President 666 00:36:38,679 --> 00:36:42,360 Trump and Elon Musk also to have that courage to 667 00:36:42,400 --> 00:36:42,960 go after it. 668 00:36:43,039 --> 00:36:45,840 Speaker 2: We know what the problems are. We know it's USAID. 669 00:36:46,000 --> 00:36:49,960 Speaker 3: We know it's a Department of Education that hardly provides 670 00:36:50,000 --> 00:36:52,320 any funding at all into schools. What it does is 671 00:36:52,639 --> 00:36:56,360 create huge amounts of red tape and bloat administrator's budgets 672 00:36:56,840 --> 00:37:00,800 and is overall a detriment to American vucation. After all, 673 00:37:00,840 --> 00:37:03,719 we've spent, you know, hundreds of billions of dollars, even 674 00:37:03,760 --> 00:37:06,519 at the federal level on education, and our education's worse 675 00:37:06,519 --> 00:37:10,000 than when Jimmy Carter Carter founded the Department of Education, 676 00:37:10,079 --> 00:37:11,719 when he made it at a cabinet level agency in 677 00:37:11,800 --> 00:37:12,880 nineteen seventy nine. 678 00:37:13,000 --> 00:37:13,360 Speaker 2: And so. 679 00:37:14,920 --> 00:37:16,880 Speaker 3: It's bad enough the government waste money, but if it 680 00:37:16,920 --> 00:37:19,440 wastes money and things are heading in the wrong direction, 681 00:37:19,480 --> 00:37:20,159 you know you've got. 682 00:37:20,000 --> 00:37:20,800 Speaker 2: A real problem. 683 00:37:21,000 --> 00:37:23,400 Speaker 3: So it's a sea change, it really is, and it's 684 00:37:23,400 --> 00:37:27,280 not over yet. It's maybe a second inning and I 685 00:37:27,360 --> 00:37:29,639 just hope that when our starting pitcher, Elon Musk, has 686 00:37:29,679 --> 00:37:32,679 to go and focus on his other ventures quite understandably, 687 00:37:32,880 --> 00:37:35,159 that we'll get a good picture in from the bullpen 688 00:37:35,199 --> 00:37:37,320 to continue this work. I think we will. I think 689 00:37:37,360 --> 00:37:40,960 the president's very adamant about that. He's got the right 690 00:37:41,039 --> 00:37:43,960 man at Office of Management and Budget and russ Vote 691 00:37:44,480 --> 00:37:47,719 who will take these recommendations and implement them across the 692 00:37:47,760 --> 00:37:51,679 administration agency by agency. Each agency had knows the President 693 00:37:51,760 --> 00:37:54,559 means business on this, and it's glorious and it needed 694 00:37:54,559 --> 00:37:56,880 to It should have been done thirty years ago. We 695 00:37:56,880 --> 00:38:00,760 were just talking about the competition with China, right and 696 00:38:00,880 --> 00:38:04,079 if you're a boxer, you've got to know your enemy. 697 00:38:04,159 --> 00:38:07,280 Certainly be able to Bob and we Eve and all 698 00:38:07,280 --> 00:38:09,679 the rest, but you've also got to have basic physical training. 699 00:38:10,079 --> 00:38:12,480 And right now we're very, very overweight because we are 700 00:38:12,480 --> 00:38:14,920 just wasting too much money, and believe it or not, 701 00:38:15,039 --> 00:38:15,920 some of our allies are. 702 00:38:15,920 --> 00:38:16,880 Speaker 2: Even worse shape. 703 00:38:17,880 --> 00:38:19,920 Speaker 3: We had a meeting here this last week with a 704 00:38:20,000 --> 00:38:22,800 very high ranking European official and he pointed out that 705 00:38:22,800 --> 00:38:25,920 several countries in Europe spent seventeen percent of their GDP 706 00:38:26,039 --> 00:38:32,440 on pensions and welfare, and so we're overweight, we're wasteful. 707 00:38:32,559 --> 00:38:34,960 We have to get into fighting shape because our children's 708 00:38:35,000 --> 00:38:37,519 future depends on it. We have to be strong to dissuade, 709 00:38:37,920 --> 00:38:41,159 deter any kind of attack on the United States, and 710 00:38:41,199 --> 00:38:43,159 so to do that, we've got to slim down. 711 00:38:43,159 --> 00:38:44,559 Speaker 2: We've got to stop wasting money. 712 00:38:45,039 --> 00:38:47,559 Speaker 1: Now you talk about wanting to make America healthy again, 713 00:38:48,079 --> 00:38:51,079 take a look first and foremost at the morbid obesity 714 00:38:51,320 --> 00:38:55,119 of our federal government. Yes, all of the money that 715 00:38:55,679 --> 00:38:59,119 these taxpayers have been on the hook for for so long, 716 00:38:59,280 --> 00:39:02,880 I mean, really is it is criminal waste. I know 717 00:39:02,960 --> 00:39:08,159 Heritage has four years fought the good fight on waste, fraud, 718 00:39:08,400 --> 00:39:12,039 and abuse in government. We are seeing it all laid 719 00:39:12,079 --> 00:39:15,239 out in front of us, and I think there are 720 00:39:15,239 --> 00:39:18,880 some Americans who are stunned. Were you surprised at all 721 00:39:18,960 --> 00:39:23,760 by the visceral reaction though from the radical militant left 722 00:39:23,880 --> 00:39:28,239 in this country and some you know who aren't in 723 00:39:28,639 --> 00:39:33,920 I would consider members of that radical militant left. But 724 00:39:34,599 --> 00:39:38,320 you know, looking at this and saying, you know what 725 00:39:38,400 --> 00:39:41,760 I can understand, as we saw this report out recently, 726 00:39:41,840 --> 00:39:46,079 I can understand why you know, someone would key Tesla, 727 00:39:46,239 --> 00:39:49,079 why someone would would set a tesla on fire for 728 00:39:49,199 --> 00:39:51,239 the love of God. In more so than that, there 729 00:39:51,239 --> 00:39:55,159 are fifty five percent of those who lean left, according 730 00:39:55,159 --> 00:39:58,079 to a Rutgers study recently that say that it's okay 731 00:39:58,119 --> 00:40:02,400 to assassinate President Trump or Elon Musk. I mean, how 732 00:40:02,400 --> 00:40:03,159 did we get here? 733 00:40:03,440 --> 00:40:05,079 Speaker 2: Yeah, and you've got polls of bureaucrats. 734 00:40:06,199 --> 00:40:07,599 Speaker 3: I think it was forty five percent so that they 735 00:40:07,599 --> 00:40:10,800 would refuse to follow a constitutional order. So, I mean, 736 00:40:11,360 --> 00:40:14,079 it's just you look across the board. It's scary where 737 00:40:14,079 --> 00:40:16,760 we are as a country. Look the radical left. We're 738 00:40:16,760 --> 00:40:19,519 going after their sources of funding in a lot of ways. 739 00:40:20,519 --> 00:40:25,159 We saw USAID as funding very liberal causes around the globe. 740 00:40:26,119 --> 00:40:28,559 We did an analysis and found I think was over 741 00:40:28,639 --> 00:40:30,440 ninety three percent. I know it was in the nineties 742 00:40:31,039 --> 00:40:34,760 of political donations went to Democrats from USAID, And so 743 00:40:35,400 --> 00:40:39,039 if you go after their funding, they're going to fight 744 00:40:39,639 --> 00:40:44,719 viciously for sure. So I'm not as surprised at that 745 00:40:44,199 --> 00:40:47,960 that part of it. What I'm encouraged by is the 746 00:40:48,000 --> 00:40:52,480 House Freedom Caucus and Speaker Johnson and Speaker Thoon are 747 00:40:52,519 --> 00:40:56,559 talking about real spending cuts in the Reconciliation Bill. They're 748 00:40:56,559 --> 00:40:59,000 going to do a down payment, hopefully with the recision package. 749 00:40:59,000 --> 00:41:02,000 That'll be a relatively small amount of money. But recisions 750 00:41:02,000 --> 00:41:05,639 package is Congress and the past appropriated money, and the 751 00:41:05,639 --> 00:41:07,719 executive is saying, now we don't need to spend this. 752 00:41:09,000 --> 00:41:11,519 That should be easy, right, that should be very low 753 00:41:11,519 --> 00:41:13,800 hanging fruit. They're going to try to do that, and 754 00:41:13,840 --> 00:41:16,000 then the next thing is going to be reconciliation. And 755 00:41:16,519 --> 00:41:22,519 I have to credit Senator Leader Thun who has said 756 00:41:22,559 --> 00:41:24,519 and Speaker Johnson who said they want to get over 757 00:41:24,639 --> 00:41:27,800 tillion dollars of cuts. That's a real good down payment 758 00:41:27,800 --> 00:41:30,280 and a reconciliation bill. So we have to hold their 759 00:41:30,280 --> 00:41:32,880 feet to the fire. So the radical left us we 760 00:41:32,960 --> 00:41:36,119 know about that. The more subtle battle that's going on 761 00:41:36,199 --> 00:41:41,320 now is the kind of lobbying industrial complex in Washington, 762 00:41:41,360 --> 00:41:44,239 d C. Trying to reduce all of these spending cuts. 763 00:41:44,239 --> 00:41:47,360 And that's happening right now. And so we're in the 764 00:41:47,360 --> 00:41:50,239 trenches right now encouraging them to be strong and to 765 00:41:50,239 --> 00:41:52,800 remember what Milton Friedman taught us. He said, the truest 766 00:41:52,800 --> 00:41:56,760 measure of government taxation is actually spending, because government's either 767 00:41:56,800 --> 00:41:58,440 going to have to tax you, they're going to borrow 768 00:41:58,519 --> 00:42:01,960 to tax you later, or they're going to cause massive inflation. 769 00:42:02,159 --> 00:42:02,559 Speaker 1: That's right. 770 00:42:02,599 --> 00:42:05,360 Speaker 3: Any of those three is taking money out of your pocket. 771 00:42:05,599 --> 00:42:07,599 So we have got to get spending under control. 772 00:42:08,280 --> 00:42:10,519 Speaker 1: You've been very generous with your time. I appreciate that. 773 00:42:10,840 --> 00:42:15,119 Today your perspective on this first very robust one hundred 774 00:42:15,440 --> 00:42:19,199 days of the Trump two point zero administration, as I 775 00:42:19,320 --> 00:42:22,599 like to say, the Grover Cleveland of the twenty first century, 776 00:42:22,639 --> 00:42:25,440 and it's a non consecutive term. I'll leave you with 777 00:42:25,519 --> 00:42:28,719 this final question. We've seen what's happened over the last 778 00:42:28,719 --> 00:42:31,960 one hundred days. What do you expect in the coming 779 00:42:32,000 --> 00:42:36,079 one hundred days? And as we move up, you have 780 00:42:36,280 --> 00:42:41,360 so much time before politics and politicking and elections kick 781 00:42:41,400 --> 00:42:43,800 in and the campaign season, so there is a window 782 00:42:43,880 --> 00:42:47,559 here of opportunity. What do you see in the months ahead? 783 00:42:47,960 --> 00:42:52,039 And also with that the question of will Republicans in 784 00:42:52,119 --> 00:42:55,960 Congress stay strong? We've already seen some weak need that's 785 00:42:56,079 --> 00:42:58,159 concerning where do you see all of this heading. 786 00:42:58,719 --> 00:43:00,679 Speaker 3: Yeah, at the end of the next days, we've got 787 00:43:00,679 --> 00:43:02,559 to have the reconciliation build done. It's got to be 788 00:43:02,599 --> 00:43:04,840 done early to try to get the economy back on track, 789 00:43:04,960 --> 00:43:08,039 so that's critical. And then the second piece is something 790 00:43:08,039 --> 00:43:11,800 the president controls more of, which is the regulatory agenda. 791 00:43:12,280 --> 00:43:17,639 He's issued great executive orders telling his cabinet agencies how 792 00:43:17,679 --> 00:43:20,559 to deregulate. And now the proof is in the putting. 793 00:43:20,679 --> 00:43:23,960 They need to get rule makings out, and they need 794 00:43:24,000 --> 00:43:25,880 to take comments on those rule makings, and they need 795 00:43:25,960 --> 00:43:28,440 to finalize those rule makings, and they need to do 796 00:43:28,480 --> 00:43:31,119 that early in the president's term so that it can 797 00:43:31,119 --> 00:43:33,079 make it all the way through the courts. 798 00:43:33,000 --> 00:43:35,599 Speaker 2: To be a durable regulation. So what do I mean there? 799 00:43:35,599 --> 00:43:38,639 Speaker 3: I'm thinking in particular of some of these EPA regulations. 800 00:43:39,159 --> 00:43:42,440 The President talks a lot about making sure Americans can 801 00:43:42,519 --> 00:43:44,440 buy the kind of car that they want, that they 802 00:43:44,440 --> 00:43:48,039 don't have to all buy electric vehicles by twenty thirty 803 00:43:48,079 --> 00:43:50,280 five or even twenty thirty and. 804 00:43:50,239 --> 00:43:51,679 Speaker 2: So he's rescinded. 805 00:43:51,760 --> 00:43:55,400 Speaker 3: He's directed his Department Transportation and the EPA. 806 00:43:55,760 --> 00:43:57,400 Speaker 2: He's told them get rid of this rule. 807 00:43:57,599 --> 00:44:00,320 Speaker 3: So they have to put out that proposal, get the 808 00:44:00,400 --> 00:44:02,880 job done. So it's really in a lot of ways 809 00:44:03,719 --> 00:44:06,800 focusing from eos, where here are my priorities, Here's what 810 00:44:06,840 --> 00:44:07,519 I'm going to do. 811 00:44:07,800 --> 00:44:09,119 Speaker 2: Here's a couple of early wins. 812 00:44:09,159 --> 00:44:11,400 Speaker 3: Now it's the execution phase in the next hundred days 813 00:44:11,480 --> 00:44:13,039 or so, and I think you can. 814 00:44:12,960 --> 00:44:14,599 Speaker 2: Extend that out for the whole first year. 815 00:44:15,159 --> 00:44:17,519 Speaker 3: But in particular next one hundred days, we got to 816 00:44:17,519 --> 00:44:20,800 see a lot of movement, hopefully passage on the Reconciliation Bill, 817 00:44:21,000 --> 00:44:24,599 and see a lot of these deregulatory rules come out 818 00:44:24,840 --> 00:44:26,880 so that we can get the economy going and we 819 00:44:26,920 --> 00:44:28,679 can be strong heading into next year. 820 00:44:29,280 --> 00:44:32,360 Speaker 1: Yes, listen to that, Congress. The President has laid out 821 00:44:32,559 --> 00:44:36,320 this ambitious agenda. He's accomplishing what he can do through 822 00:44:36,719 --> 00:44:40,400 the executive branch. It is up to the first branch 823 00:44:40,480 --> 00:44:44,239 now to codify the sea change that the American people 824 00:44:44,840 --> 00:44:49,679 voted for. Let's not forget that the American people voted 825 00:44:50,400 --> 00:44:54,760 for this change. Thanks you, Rich, Thanks to my guest today. 826 00:44:55,440 --> 00:45:01,199 Absolutely fabulous conversation. My guest today Derek Moore, Executive vice 827 00:45:01,280 --> 00:45:04,599 president of the Heritage Foundation. As we take a look 828 00:45:04,679 --> 00:45:08,159 back at the first one hundred days of the second 829 00:45:08,719 --> 00:45:11,920 Trump presidency, you've been listening to another edition of the 830 00:45:11,960 --> 00:45:15,519 Federalist Radio Hour. I'm Matt Kittle, Senior Elections correspondent out 831 00:45:15,559 --> 00:45:19,599 the Federalist. We'll be back soon with more. Until then, 832 00:45:20,239 --> 00:45:30,199 stay lovers of freedom and anxious for the fray