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JD Vance | All-In Summit 2024 Podcast Episode Description
(0:00) Announcement from Friedberg
(0:18) Besties intro JD Vance!
(3:33) America’s innovation problem
(5:04) Thoughts on Trump
(8:53) Would JD Vance have certified the election in 2020?
(12:02) Increasing government efficiency, shrinking the deficit, Vance’s role as VP, thoughts on EOs
(19:35) Political realignment: Dick Cheney endorses Kamala Harris, winners and losers of the last 30 years
(23:58) Thoughts on Lina Khan clamping down on tech M&A and her impact on the startup ecosystem
(25:55) Fixing the Southern Border
(32:16) How to practically approach deportations, who’s coming in through the Southern Border?
(36:51) Relationship with China
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JD Vance | All-In Summit 2024 Podcast Episode Top Keywords
JD Vance | All-In Summit 2024 Podcast Episode Summary
This podcast episode, recorded at the All In Summit in LA, features a discussion on various political and economic topics, with a focus on policy and leadership. The episode includes insights from notable figures such as JD Vance, who is highlighted as a guest speaker. Vance discusses his views on the economy, innovation, and immigration, emphasizing the need for a more meritocratic system that rewards hard work. He shares a personal anecdote about how Donald Trump’s immigration policies impacted wage levels in the hospitality industry, suggesting that reduced illegal immigration led to higher wages for American workers.The conversation also touches on the challenges of implementing policy changes through Congress versus executive orders, with a suggestion to explore what can be achieved directly from the White House. The speakers discuss the potential for growth in the economy by reducing regulation in certain sectors to foster entrepreneurship.
Recurring themes include the media’s portrayal of political figures, particularly Donald Trump, and the importance of listening to what politicians actually say rather than relying on media narratives. The episode also addresses the polarization of immigration policy and the difficulty politicians face in enacting policies that align with the majority public opinion.
Overall, the episode encourages listeners to engage with political discussions critically and to consider the practical implications of policy decisions on the economy and society. The speakers advocate for a balanced approach to leadership that combines visionary ideas with practical execution.
This summary was created automatically by Speak. Want to transcribe, analyze and summarize yourself? Sign up for Speak!
JD Vance | All-In Summit 2024 Podcast Episode Transcript (Unedited)
Speaker: 0
00:00
Hey, everybody. Friedberg here. What you’re about to hear is a discussion from our all in summit recorded in LA on September 9th. We’re going to publish some of the best conversations once a week. If you wanna see all the talks, subscribe to our YouTube channel at youtube.com/at vatsal in and follow us on x at the all in pod.
Speaker: 0
00:18
This speaker is not on the ram.
Speaker: 1
00:20
Not on the program, but I did notice there was a little bit of security here today.
Speaker: 0
00:25
A little extra security. This is your Saks red meat moment. Yes.
Speaker: 2
00:29
Okay. Alright.
Speaker: 0
00:29
Here we go.
Speaker: 2
00:30
Little red meat for Saks. Please welcome me in joining ai presidential candidate, Janie Vance.
Speaker: 3
00:39
You’ll let your winner ai.
Speaker: 2
00:54
Hey, guys. Corey. Thank you.
Speaker: 4
00:58
Corey, good to see you. Welcome.
Speaker: 2
00:59
What’s up, man? How are you doing? Shabaugh? One time. Alright. See you. See you. Hey, guys.
Speaker: 0
01:09
Welcome, Sai. Sachs is gonna introduce you.
Speaker: 4
01:11
Welcome to
Speaker: 2
01:12
Ai Den. Who is
Speaker: 0
01:13
who’s who’s here with us, Sachs?
Speaker: 3
01:14
Well, do we do we actually need a a big introduction here? But I’ll I’ll I’ll give you I’ll give you a few,
Speaker: 4
01:19
those of you who are really bad at context clues, I’m JD Vance. I’m running for vice president.
Speaker: 5
01:25
And normally, he’s he’s beside his wife, Usha, but now you get
Speaker: 4
01:29
That’s right. She’s at, like, the tar pits or whatever? Yeah. Yeah. Yeah. Yeah. Oh, yeah. We we brought our 3 kids out here, so she wanted to take and see some fossil stuff. So they’ll have fun.
Speaker: 3
01:39
Yeah. Well, I’ll say a couple of things about JD because, he he’s a friend. I think what what I think, really made me wanna support JD for for senate and also for the VP position is that I think he represents 2, you can almost sai, contradictions. Back in 2003, when JD graduated from high school, you know, this sai after the twin towers had come down and we’ve gotten involved in
Speaker: 2
02:04
the Iraq war. He was gung ho to go fight America’s enemies and he enlisted in
Speaker: 3
02:09
the Marine Corps and went off, to serve in in the Middle East. Eventually, he came to realize that that war was a mistake. And I thought that that really represents, one of the traits that we really want in in a vice president or someone next to the president, which is that he had the patriotism and the courage to go serve Meh, but also the wisdom to realize when America shouldn’t get involved in a war.
Speaker: 3
02:35
So I wanna
Speaker: 2
02:39
just
Speaker: 3
02:43
The the other, like I sai, almost contradiction that JD represents is that he had worked in the tech industry. He had been a a a venture capitalist. He had been in rooms like this, and he understands what it takes to make America a more innovative place. At the same time, he comes from a part of the the Midwest, Appalachia.
Speaker: 3
03:04
That’s a very poor part of the country and did not grow up in a privileged, environment at all. And he still remembers those people and he represents those people. And I think his ability to understand both parts of the country makes him, I’d say a pretty unique political figure.
Speaker: 3
03:22
So with that, let me stop and do you wanna react to to any of that?
Speaker: 4
03:26
Well, you know, first of all, thanks all for having me. I’ve been a big fan of the pod for a ai. I think my first appearance, so it’s good to be with you. You know, the only thing I’d say to that, David, is I do think there is a deep connection between the poverty that I saw growing up and the fact that our entire economy is just less innovative than we pretend that it is.
Speaker: 4
03:44
And, you know, I know, you know, Peter Thiel and Tyler Cowen, others folks have talked about this, but if you look at the real innovation in the American economy, it’s been in the world of software. If you look at where the economy has been most stagnant, it’s been in basically the heavily regulated parts of the economy, which is where 90% of the people that I represent in the senate and 80% of the people that I hope to represent as their vice president actually make their living, run their business, and go to work every single day.
Speaker: 4
04:11
And I think that, you know, when when I think about tech, one of the things I’d like us to do is broaden the aperture a little bit and think about innovation not just in software, but innovation in transportation and logistics and innovation, in energy and the whole suite of things.
Speaker: 4
04:25
Because unless our economy is actually technologically innovative, then the, stagnant economy is is fundamentally, like, the worst thing. And I think a lot of, actually, America’s pathologies right now stem from the fact that we feel like we live in a very zero sum country because in some ways, we do.
Speaker: 4
04:42
Right? When when when the economy is growing 4, 5, 6% a year, then Democrats can kinda get what they want, Republicans can kinda get what they want, and it all makes sense. If the economy is growing between 0 1% a year, then I think it makes the whole society and our political system a meh, much more insane, and I think it’s kind of a subtext of what’s been going on in this country for the last 30 years.
Speaker: 5
05:04
Let me start by going back a little bit. I think 3 of us initially would have been described sort of like non Trump people.
Speaker: 2
05:13
Yeah.
Speaker: 5
05:15
And in different ways and shapes and form, we were all vocal about it because of what was presented to us through the filter of the media, And we’ve all gone through an evolution in large part by meeting the person. And this is the first time actually where a presidential candidate I’ve known and I’ve kind of known, a vice presidential candidate in this case as well, meh ai you know, they try to corner you and paint you in a certain way.
Speaker: 5
05:37
Can you just talk about what you realized and the person that you got to know, and what it says about what we need to do so that we don’t get manipulated?
Speaker: 4
05:45
Yeah. So first of all, when Biden was running against Trump, one of the things the media tried to do is to say, well, you know, you have these 2 guys who are a little bit older than average, and both of them clearly aren’t fully with it. And I would hear the media talk about Biden like this and then talk about Trump like this, and it’s like, guys, Donald Trump remembers exactly what I said about him ai and a half years ago to the minute, to the day, to the exact line.
Speaker: 4
06:09
Like, trust me. His memory is a 100% there, even if it would be in more more in my interest if it wasn’t. And, you know, what what what changed for me I mean, 2 two things. I mean, 1, Chamath, you just sort of hit on this is a lot of the things the press said about Donald Trump and says about Donald Trump are just straight up fabrications.
Speaker: 4
06:27
And so if you think the press is, like, biased, that’s one thing. But if you think the press is fundamentally trying to tell you the truth even if it’s in a biased way, and then you realize that, like, Donald Trump never called white supremacists very fine people after Charlottesville a total fabrication of the American media.
Speaker: 4
06:42
It’s like, okay. What other things am I hearing about Donald Trump that are actually not true? Right? The second thing is, you know, we talked about this a little bit last night, but, look, if you go back to the date of my or the year of my birth, which is 1984, there’s this chart that’s really interesting, and it tracks corporate profits, the wages of workers, and the size of government.
Speaker: 4
07:03
And for pretty much my entire life, the wages of workers were stagnant, corporate profits were going up, and the size of government was going up. And there was a 4 year period where the wages of workers outpace the size of government corporate profits. It’s the 4 years that Donald Trump was president.
Speaker: 4
07:19
And I think that we have to, like, give some credit to where it’s due. The policies actually work. And if you go into the presidency saying, I don’t think Donald Trump’s gonna be a good president, and then lo and behold, he’s the best president at least in a generation, it’s like, okay.
Speaker: 4
07:33
Time to change my mind, admit to myself, but also to all the people who listen to meh, I was wrong about Donald Trump. He was a hell of a good president. Of course, I’m running as his running mate, ai I think he’ll do it again.
Speaker: 5
07:43
Let’s flip it around now. What what does it say about him that he I mean, how is that process of saying, JD, you said this. Yes. I did. Changed my mind. I then but then he has to change his mind. So that says something. So talk us about that.
Speaker: 4
07:55
You know, I I think the the president one thing I’ll say about him is the again, the media perception of Donald Trump is that he’s ai this deeply aggrieved guy who holds really terrible grudges. The actual reality of Donald Trump is that, yeah, he remembers what you said about him because it’s, like, part of the inputs that he takes as he tries to evaluate a human being.
Speaker: 4
08:17
But most importantly, he’s asking, like, what what can you do now? How can you help the country now? How can you help me as I try to help the country now? And I think for whatever complicated set of factors, he decided that I was the guy who could help him the most. But, ai, I mean, it’s it’s it is interesting, The perception of him is this guy who holds grudges.
Speaker: 4
08:36
He selected a guy who was very much a critic of his back in 2015 as his running mate. Clearly, something doesn’t make sense, and I think that what doesn’t make sense is this idea that Trump is more motivated by grievance than he is by the public interest. He’s actually much more motivated by the public interest. That’s the truth.
Speaker: 5
08:52
That’s awesome.
Speaker: 1
08:52
You’re, thanks for coming. Of course. You’re gonna replace, Mike Pence.
Speaker: 4
09:00
I hope so. Yeah. Sai witness. It’s gonna
Speaker: 1
09:03
be a close election but if you do, Ai Pence, your new boss, Trump, is a little upset at Mike Pence because Mike Pence refused to overturn the election results. And if you were in that same position, what would
Speaker: 4
09:20
you do? Would you have overturned the election results? Well, I think it’s we take issue with the premise a little bit, Jason, because I don’t think the argument was Mike Pence could overturn the election results. I think the argument was that Mike Pence could have done more.
Speaker: 4
09:35
Whether you agree or disagree, Mike Pence could have done more to sort of surface some of the problems. If Would you not certify ai election?
Speaker: 1
09:42
Would you have not certified ai election?
Speaker: 4
09:43
Well, I think I think that what I would have done I mean, look. I I I happen to think that there were issues back in 2020, particularly in Pennsylvania. Even, you know, some of the courts that refused to throw out certified ballots did say that there were ballots that were cast in an illegal way.
Speaker: 4
09:57
They just refused to actually decertify the election results in Pennsylvania. Do I think that we could have had a much more rational conversation about how to ensure that only legal ballots are cast? Yes. And do I think that Mike Pence could have played a better role? Yes.
Speaker: 4
10:11
But I I again, the the the two premises that I take issue 1 is, 1, Pence was not asked to overturn the election. He couldn’t have. But 2, the reason asked
Speaker: 0
10:19
to not certify it. Sure.
Speaker: 4
10:21
So
Speaker: 1
10:21
would you have ai? I’ll ask her for the 30th.
Speaker: 4
10:23
Again, I Ai would have asked the states to submit alternative slates of electors and let the country have the debate about what actually matters and what kind of an election that we have before the states.
Speaker: 1
10:34
To be clear.
Speaker: 4
10:35
I would have asked the states to submit alternative slates.
Speaker: 1
10:37
I think that’s that’s that’s
Speaker: 4
10:38
what I would have done. Again, I’ve I’ve said that publicly many ai. But again, Jason, the important part is we would have had a big debate. And it doesn’t necessarily mean the results would have been any different, but we would least would have had the debate in Pennsylvania and Georgia about how to better have a rational election system where legal ballots are cast.
Speaker: 4
10:55
And, again, I I, you know look. I have no personal problem with Mike Pence. I’ve never really talked to him. But I think that the idea that the reason Mike Pence isn’t on board with Donald Trump is over the election of 2020. That’s the other thing I wanna take issue with, Jason.
Speaker: 4
11:08
Because I think in reality, that if Donald Trump wanted to start a nuclear war with Russia, Mike Pence would be at the front of ai endorsing him right now. And, fundamentally, the reason the old guard of the Republican Party hates Donald Trump, it’s not because of January 6, 2021.
Speaker: 4
11:21
Whatever your views on it, it’s because Donald Trump doesn’t think that we should start stupid wars in foreign countries, and that’s why they all hate him.
Speaker: 2
11:29
Us. Alright. Can I I I have a follow-up on that? Let me continue my line
Speaker: 1
11:33
of questioning, then I’ll give them to you. Because I wanna hear JD’s since he’s here. I’ve heard yours many times. Sai,
Speaker: 2
11:40
how many how many ai ups how many follow ups are
Speaker: 3
11:42
you gonna have about January 6th? We have I wanna is talking about?
Speaker: 4
11:45
I wanna hear David, especially if he gets me out of answering tough questions.
Speaker: 3
11:50
Sai think we’ve we’ve you’ve had ai 3 follow ups on on j6. First of all, Friberg, you never got a chance to to ask your question.
Speaker: 0
11:56
Well, I wanna
Speaker: 4
11:56
talk about Well, let’s let’s talk about January 6th for the next 45 minutes. I’m sure it’s the most important thing going on in the country right now.
Speaker: 0
12:02
Can we talk about policy for a minute?
Speaker: 4
12:03
That’d be great.
Speaker: 0
12:04
Okay.
Speaker: 2
12:04
I’d love that.
Speaker: 0
12:06
I’ll I’ll just I’ll just reflect back on your comment about government growth compared to wage growth, compared to corporate profits. There’s only so much capital. It gets sucked up somewhere. That’s right. There’s competing interests that suck it up. The government is a competing interest that sucks up capital meh.
Speaker: 0
12:21
The government has been successful in sucking up capital. And, ultimately, the government has been proven time and again to be the least efficient way to grow the economy of allocating capital allocators or labor. And, Trump has made this commentary that Elon, who’s gonna be here later today, should come in and help right size the government.
Speaker: 0
12:40
You’ve now you’ve now spent a few years as a senator. This is my most distressing issue, right, of all the panic attacks I have that Jason teases me about. It’s government spending, the debt level, and ultimately, you reach a tipping point, I believe, in democracies where the government is spending.
Speaker: 0
12:55
Most more people are dependent on the government than are not, and that ultimately leads to a very bad outcome for democracy. That’s how I feel. And so based on what you’ve seen as a senator now for the last few years and based on the commentary that Elon, where where where would you go in, you know, cut?
Speaker: 0
13:11
Where where’s the most kind of efficiency gaining opportunity that we can kind of execute against without needing to go and negotiate with congress? What’s the opportunity ahead for the executive branch?
Speaker: 4
13:23
Yeah.
Speaker: 0
13:23
Tyler right size government, to make things more efficient, to hold things accountable, to improve the way that the government is functioning, which I think ultimately leads to better economic growth and opportunity for innovation because capital flows to the right places.
Speaker: 4
13:34
So I agree with you. And let meh just say let me say 2 things, and I’ll try to answer briefly because I know there are a lot of topics that we can get through. So so number 1 is one of the things that our government should do, obviously, I I think it should be doing less than it currently does, but what it does, I want it to do well.
Speaker: 4
13:48
And most importantly, I want the critical social welfare functions of our government to go to the people who actually deserve to be here. Yeah. So as Ai States senator, I have asked multiple staff members. I’ve asked officials in various government departments. If you take the, give or take, 25,000,000 illegal aliens that are here in this country right now, how much money do we spend on illegal aliens every single year in this country?
Speaker: 4
14:09
And I’ve gotten estimates that range between a $100,000,000,000 a year to $600,000,000,000 a year. And where does that money come from? Well, it comes from health care benefits. Even though illegal aliens aren’t entitled to section 8 housing, their children are entitled to section 8 housing.
Speaker: 4
14:22
There’s also a lot of Vatsal Security fraud, a lot of Medicare fraud. So one thing that we could save a lot of money on is actually focusing our national interest on American citizens, people who deserve to be here. We’d save a lot of money that way. That’d be a huge and transformative thing.
Speaker: 0
14:34
$300,000,000,000 budget, what do you estimate that impact to be?
Speaker: 4
14:37
Well, again, it’s it’s
Speaker: 0
14:38
I’m trying to do that scene in the movie, Dave, where
Speaker: 4
14:39
they go in and
Speaker: 0
14:40
they just, like, line out. They’re like, no. No. We’re, like, no late in.
Speaker: 4
14:42
We pulled everything off the border. If you call it a $1,700,000,000,000 deficit, right, again, it’s between $100,000,000,000 to $600,000,000,000 depending on how you cut the numbers. Now the the other thing about that, just to answer your question about efficiency is, I think the government procurement process, especially in military equipment, is really broken.
Speaker: 4
14:57
If you go back to Eisenhower’s warning about the military industrial complex, I mean, I I was a seed investor in Anduril. I imagine you guys have some Anduril people here today. Great great Arya Lucky here 2 years ago.
Speaker: 0
15:09
Yeah. Great great job, Jacob.
Speaker: 4
15:10
Yeah. You know, one of the things that that company as as I as, you know and I haven’t talked to to the guys about the details of the business in the last in the last few years, but one of the things that they founded the company on was the idea that the procurement process was broken.
Speaker: 5
15:22
Yeah.
Speaker: 4
15:22
And that is definitely true in the, you know, we do way too much cost plus procurement and way too little actual spurring of innovation. And what it ends up meaning is that our equipment isn’t as good as it should be, and we end up spending a lot more money than we should be.
Speaker: 4
15:37
I actually do think you could cut the American defense budget and make our country stronger, but you would have to make the procurement process much more efficient. Now that’s a big thing to tackle, but that’s what we’re in this business to do.
Speaker: 0
15:48
It’s a big ai. To do that.
Speaker: 4
15:50
I don’t know that you have to pass legislation, but you really, as a president and vice president, you have to be willing to take on some very powerful defense contractors, and that’s something that I know president Trump ram I very much wanna do.
Speaker: 0
16:00
And how would you like your role as vice president to be cast? Differentially from how other vice presidents have have operated, what would your role as an individual be just speaking about?
Speaker: 4
16:09
I wanna do all of the good things and none of the bad things. That’s my goal as as vice president. That’s
Speaker: 0
16:14
So the ribbon cuttings of the new federal,
Speaker: 2
16:16
like, the
Speaker: 4
16:16
other stuff. Sai mean, look.
Speaker: 2
16:18
I I mean,
Speaker: 4
16:19
obviously joking, but the the reality is that I I want to be a second set of eyes and ears for the president’s agenda. Right? One of the things that was true, and he will tell you this the first time he was he was president of the United States, is there were people in government.
Speaker: 4
16:33
There were people in his own administration shah he was a newcomer to politics. He didn’t fully trust everybody who was around him. We wanna build a team who’s actually aligned on the agenda because agree or disagree with Donald Trump on a specific policy issue, assuming the American people make him the next president, and I think that they will, that is the next president.
Speaker: 4
16:50
And his policy determination should dictate the executive administration of government. If they don’t, we don’t have a real democracy. And ai the way, just not to way back into January 6th territory, like, what is a bigger threat to American democracy? Is it that we had a big fight about some of the, some of the certification in January 6th, and, of course, you had some rioters at the capitol?
Speaker: 4
17:10
Or is it that, for example, the joint chiefs of staff didn’t obey the president of the United States on troop redeployments in Syria, which actually happened during Trump’s administration? Like, we’re gonna talk about threats to democracy. We need the government to be responsive to the American people’s elected president.
Speaker: 4
17:27
If you don’t have that, you don’t have a real democracy.
Speaker: 5
17:29
How much? A lot of this, if you design it in one way, has to go through congress, which as we know is sclerotic and basically nothing can happen, and then the other path is for you guys to go ham a little bit and say, okay, what can we do with executive order? Have you had a chance to discuss, if you win, repositioning the focus as basically that?
Speaker: 5
17:56
What is the totality of everything that we can do from the White House, from the Oval, and then getting all of these? And the other thing that we should talk about at some point is, like, it’s ai a Avengers movie. And now at this point, you, Bobby Kennedy, Elon Yeah. Ram. So but
Speaker: 3
18:13
I don’t The Justice League? The Justice League.
Speaker: 4
18:16
I don’t I don’t know which character in that Justice League I am. No. But but
Speaker: 5
18:19
the point is, like, you know, have you had that discussion about, like, alright, folks. Let’s not Yeah. Wait for congress and get a plan ready starting day 1 of all the stuff that can happen through EOs, or how are you thinking about this?
Speaker: 4
18:30
Well, at a high level, certainly, you know, I’m I’m one of the co chairs of the transition team. There are a few others of us who are working on it. You just sort of think about I mean, look. The way the founders set up our government, whether you like it or not, there are certain things, especially when it comes to budget and appropriations, you just have to go through congress.
Speaker: 4
18:44
Right? You fundamentally have to. Now I I do think that the congress is willing to work with us at least, you know, the first couple of years of an administration. You can largely get the budgetary and appropriations things that you need, but there’s a lot that you can do through EO.
Speaker: 4
18:56
And ai the way, in a lot of ways, I think the enlargement of the president at the expense of congress is a bad thing. But meh, there is a lot that happens in our government purely through executive orders, through EOs. And, yes, we’re thinking very deliberately about all the things that you could do through EOs on day 1 or in the early parts of the administration and begin not to make this too partisan.
Speaker: 4
19:16
But one of the ways that that, that Biden and Harris opened up the American southern border was through executive orders. Right? It was an executive order that submitted deportations, an executive order that ended the Remain in Mexico policy. So you can screw up a lot through EOs.
Speaker: 4
19:31
You can also fix a lot through EOs, which is certainly something that we’re focused on.
Speaker: 3
19:35
Let me, go go in a different direction. Just in the last couple of days, Dick Cheney endorsed Kamala Harris for president. And that endorsement was warmly embraced by by Kamala Harris and the Democrats.
Speaker: 4
19:48
The same people called him a war criminal ai 3 years ago.
Speaker: 3
19:51
Yeah. Yeah. Well, yeah, I’m old enough to remember back in 2008, Obama first beat Hillary Clinton in the democratic primary because he had opposed the Iraq war and she had supported it, and then he got elected president of the United States. And the whole country seemed to recognize that the Iraq war had been a disaster. It destabilized the Middle East.
Speaker: 3
20:09
It you know, I don’t need to go through all the litany’s of of horribles that that happened from it. But there seems to be a widespread recognition. And ai you’re saying, Dick Cheney was kind of demonized as this, like the Darth Vader, prince of darkness type figure, which I think basically was right.
Speaker: 3
20:24
I mean, he was the principal architect of the Iraq war.
Speaker: 4
20:27
And now I find myself agreeing with everything the Democrats said in 2008 about Trump training. Right. Total coincidence.
Speaker: 3
20:33
On a separate ram, a few weeks ago, we had Bobby Kennedy endorse, Donald Trump. So you now have a dynamic where the Bush Republicans are now Harris Democrats and the Kennedy Democrats are now Trump Republicans.
Speaker: 5
20:48
Right.
Speaker: 3
20:48
Clearly, something big is happening in our politics here. Can you explain this realignment? How do you see it?
Speaker: 4
20:55
Yeah. I mean, look, one way to think about it is that we traded Dick Cheney for Bobby Kennedy, and that’s an upgrade
Speaker: 1
21:00
I’ll take from this thing.
Speaker: 4
21:04
Ai. Look, I mean, one way of understanding is you have to ask yourself who has benefited and who has harmed from the last 30 years of the bipartisan consensus in this country. Right? So, you sana talk about a manufacturing policy that I think promoted the offshoring of millions of good American manufacturing jobs, and in the in the process, by the way, made it made us less self reliant as a country.
Speaker: 4
21:26
That really benefited people like Dick Cheney and Kamala Harris and their donors. It didn’t benefit the people that I serve in the state of Ohio. Okay? If you ask yourself, who actually went off and fought these ridiculous wars? It was very often working and middle class kids in communities like mine.
Speaker: 4
21:42
It wasn’t the family of our current leadership class, by and large, though of course there are exceptions. And you go through each of these issues, and what you find is increasingly Republicans are the party of working and middle class people. You know, Bobby Kennedy has talked about this a lot.
Speaker: 4
21:56
I think he puts it better than I ever could, but that, you know, you go back even 30 years ago, and approximately 80% of the counties that represent sorry. 80% of the wealth in American counties went in places that voted Republican, and about 20% of the wealth went to places that voted Democrat.
Speaker: 4
22:14
Now it’s 70% of the wealth goes for democrats, and about 30% of the wealth goes for republicans. And you saw this in a big way. I mean, just one illustration is that I believe that in 2012, Wall Street, which I think Wall Street fundamentally has been the main beneficiary of globalization of of a lot of the policies that I’ve I’ve pushed back against and criticized over the last 30 years.
Speaker: 4
22:33
Wall Street went 3 to 1 for Romney over Obama in 2012. I believe they went 4 to 1 for, for Clinton over Trump in 2016, and then, like, 9 to 1 for Biden over Trump in 2020. So there was a massive shift in who makes up these parties. Wealthy people direct their money to Democrats as well. Increase increasingly, wealthy people direct their money to Democrats.
Speaker: 4
22:56
Working and middle class people direct their money to
Speaker: 5
22:58
Ai why
Speaker: 1
22:59
do you
Speaker: 5
22:59
think that is, Judy?
Speaker: 4
23:00
I I I again, because I think their policies have benefited look. The the the Uni Party, the Kamala Harris’, and Dick Cheney’s, their parties have benefited a certain group of people. Those people are increasingly Democrats. Donald Trump has been pushing back against that consensus, and his party and his policies, I think, benefit the majority of the country.
Speaker: 4
23:17
Sai, increasingly, I think the working middle class heart of the country is going for Republicans. Like, another another spin on this, because I know we’re, you know, focused on tech in this conference, is big tech has become increasingly pro Democrat. Little tech has become increasingly pro Republican. Right?
Speaker: 4
23:31
So if you’re an upstart, if you’re in crypto, if you’re if you’re, like, a small AI company, I think you’re much more likely to be pro Republican. If you’re a monopolist in big meh, I mean, look at Facebook, Google, how they’re how they’re how they’re putting their resources, it’s meh, much more pro democrat.
Speaker: 4
23:47
So there are a lot of different speak on it, but meh, I think the people who’ve benefited from the American decline are becoming democrats. The people who have suffered from it and are pushing back against it are republicans.
Speaker: 1
23:58
I have a follow-up question on that, JD, which is, you were a venture capitalist for a period and Sana Khan has essentially taken M and A off the table. You well know that if we can’t get those singles and doubles in the industry, it kind of freezes the industry and we have a problem with returns, which then is having creating a secondary order problem where we can’t get LPs to put more money into funds because we’re not getting those returns.
Speaker: 1
24:24
What’s the proper way to look at meh and a? Because you’re you wanna break up big tech from what I understand and you have a major problem with big tech, you mentioned little tech. What’s the proper meh and a architecture, you know, to to balance those 2, goals there?
Speaker: 4
24:41
Yeah. So this is obviously very complicated and Saloni, you probably understand this better than I ai, but as as somebody, by the way, who’s defended Lena Khan against some of her critics from the right, I think what Lena Khan fundamentally gets correct is that big tech really is a a threat.
Speaker: 4
24:55
It’s a threat to free speech. It’s increasing a ai oligarchic. It controls too much of what we’re allowed to sai, and, also, it controls a lot of the ways in which capital gets invested in these various ecosystems. But where I think lean Linacon goes wrong is that you’re exactly right. Like, you need the singles and doubles.
Speaker: 4
25:12
You need ai a medium sized company to buy a smaller company for $300,000,000. Right? That liquidates founders. That gives the venture funds some money to go back into the system. And I think that, you know, not I don’t know her super well, but my basic read on Sana is that she is so anti monopoly as sort of a baseline bias, and anti that becomes anti merger and acquisition as a baseline bias, that Google buying YouTube is a much, much different thing from a $2,000,000,000 market cap health care company buying a $500,000,000 market cap health care company.
Speaker: 4
25:44
And I think that we have to sort of draw a very big distinction between little tech and big tech. And ai, I’m gonna keep on making that argument both in public and private to Sana, and hopefully shah comes around to our view a little bit because I do think some of her ideas on big tech are right.
Speaker: 5
25:56
I think a good place for
Speaker: 1
25:57
us to pivot would be the border. And just talking about this issue more from first principles, when president Trump came on the podcast, we talked about, hey, maybe really talented people, we should recruit them to our country and give them green cards. But very quickly, your group walked that back a bit.
Speaker: 1
26:14
It’s such a political hot potato and it doesn’t seem to me that it needs to be, but you speak a lot of time in government now. Why can’t politicians just do what 80% of the country wants, which is allow very talented people into the country, close the border and make it ai a a more point based system ai Canada, Australia, and everybody ai.
Speaker: 1
26:36
Like, why is this so weaponized by both of your parties?
Speaker: 4
26:41
Well, I think the reason why it’s so difficult right now and Sai mean, look, generally, I agree that, okay, we’re gonna let some immigrants in. We want them to be high talent, high quality people. You don’t sana let a large number of illegal aliens in. Obviously, that, you know, that that is that’s president Trump’s view.
Speaker: 4
26:56
But I I think that the reason why it’s so broken down right now is because you have 25,000,000 illegal aliens in this country. And you, like, you can’t fix what I would call the minor or sort of less important immigration question until you fix the real problem. And part of that goes back, by the way, to the way in which the system got broken in the first place.
Speaker: 4
27:14
So Ronald Reagan, of course, great governor of California, a great president, but Reagan did in 1986 sai massive amnesty ram, where in some ways, he was trying to do exactly what you’re talking about. Fix the problem with people who are already here, make sure that our immigration system is more pro skill, but also close down the border.
Speaker: 4
27:32
And what happened is we got all the amnesty, but we didn’t get the closing down of the border. And so in order to do anything, I think, meaningful on immigration policy, meaning legal immigration policy, You’ve got to close down the border and establish some basic order. And and to go back to first principles here, I I think that people who are generally I mean, look.
Speaker: 4
27:51
This is, I’m sure, a very diverse crowd, and I’m sure there are a lot of immigrants in this crowd, legal immigrants, hopefully. I’m married to the daughter I’m married to the daughter of legal immigrants to this country, and I, of course, love not just my wife, but the whole extended family.
Speaker: 4
28:04
I do think they’ve got they brought a lot of people to the country. Immigrants. Yeah. Yeah. And but but but here’s the thing.
Speaker: 4
28:10
When you allow 25,000,000 people into this country, it breaks down the entire social compact. Right? So think about this. Okay. You’re down on your luck. You lost your job.
Speaker: 4
28:19
You meh unemployment insurance. You’re really down on your luck. You need food assistance from the federal government. I believe, as a conservative, that part of being in the same American family, whether your family’s been here for a generation or 10 generations, is that we support people who are down on the luck.
Speaker: 4
28:34
We don’t sana cradle to grave welfare state, but we wanna support people. We don’t want kids who are dying because of starvation, because of no fault of their own. We want to promote some basic fairness, and we wanna help people out when times get tough. But you can’t do that if you extend that generosity to tens of millions of people
Speaker: 1
28:53
who can’t even be here
Speaker: 4
28:54
in the in in the first place. And I think that what what Kamala Harris has done at the border, it’s not just bad economically. It’s not just bad for public safety. She has eroded the very foundation of the social contract in this country. And we talk about division in our politics, and Kamala has this ridiculous slogan, we’re not going back.
Speaker: 4
29:11
The reason why politics is so divided is because she has turned American citizens against one another while she’s placed the the the interest of illegal aliens above American citizens. You wanna turn the page and get back to common American citizenship? Stop putting illegal aliens to the front of the line of American citizens.
Speaker: 0
29:28
Is the motivation do you do you believe the motivation is endless empathy or is it as simple as we want new Democratic voters? Or is there a kind of not publicly spoken about economic argument about bringing wages down, having economic growth, having new buyers in the economy, that there’s some benefit despite the 100 to 600,000,000,000
Speaker: 5
29:58
And Ai add
Speaker: 4
29:58
another one. Yeah. Guilt. Yeah. It’s Yeah.
Speaker: 0
30:00
The endless empathy aspect. Yeah.
Speaker: 5
30:01
Yeah. I mean, empathy is different than guilt.
Speaker: 4
30:04
It’s all of these things. Right? I mean, so so let me tell you a brief story, and this goes back to my my changing my mind on Donald Trump. I was probably it’s like 2017, 2018. I was at a business conference, and I ai to be seated next to one of the largest hotel chain CEOs in America.
Speaker: 4
30:18
And my wife was there, and we talk about this as the monopoly story because the guy is just going off. Maybe he had too much to drink. He’s going off about how Donald Trump’s immigration policies have for had forced him to raise the wages of his workers. And I was like, oh, that’s an interesting fact.
Speaker: 4
30:32
Like, explain more about this, sai, please. I wanna understand. And he said, well, because we can hire a lot of immigrants, and frankly, we can hire a lot of illegal immigrants under the table, and we can’t do that because there are fewer illegal immigrants, so we have pay our American citizen workers more money.
Speaker: 4
30:47
And I’m like, oh, shit. That sounds pretty good, actually. Isn’t that ai what we want is for people to be earning higher wages for doing a good job? So there’s definitely an economic piece of it. But I also think I mean, look. This is this is chilled out a little bit, partially because we’re an election year.
Speaker: 4
31:01
If Kamala Harris won, I think it would come back with a vengeance. But think about all these, like, ridiculous land acknowledgements, right, where people say, well, you know, I sana acknowledge that this be belonged to, like, this tribe before I was here. And if you genuinely think that you have to acknowledge a Native American tribe from 300 years ago, then one attitude that comes along with this is, why can I control vatsal who comes into the country?
Speaker: 4
31:25
Right? I have no right. There’s this basic I think this is the empathy. It’s the guilt. It’s sort of all these things.
Speaker: 0
31:30
But all structural norms degrade. Exactly. There’s ai
Speaker: 4
31:33
I I have no right to say who comes into my community. And I think, again, it’s it’s deranged, but I think that’s part of it. I think the economic piece of it is part of it. It’s certainly a vote argument. I mean, Democrats will say this. Of course, Republicans are accused of racism for just repeating what Democrats have sai.
Speaker: 4
31:48
When somebody like Chuck Schumer says, well, you know, we’re gonna have an emerging Democratic majority because we’re gonna have all these new immigrants. And all the old Americans, well, they’re gonna vote for Republicans, but we’re gonna replace them with a bunch of new people who vote for Democrats.
Speaker: 4
32:01
It’s like, that’s pretty sick. But, again, if you call it out, you’re somehow a racist even though Chuck Schumer is himself calling it out as if it were a good thing.
Speaker: 0
32:09
Ai just wanna ask, on a different topic now. Thank you for talking about the border. I just have
Speaker: 1
32:14
one final on this topic. Okay. Which is, your plan is to deport tens of millions of these people. Tell us how that will happen practically. How are you gonna take 1,000,000 of ai, put them in cuffs, drag them out while people have their cell phones out recording this or is that just Trump being Trump?
Speaker: 4
32:31
Well, Jason, it’s I like it.
Speaker: 0
32:34
You like the balance in the podcast?
Speaker: 2
32:36
Yeah. I do. I do. Though In fairness, JD told me JD told ai,
Speaker: 1
32:46
ask the hard questions, please. I sana address them head on.
Speaker: 5
32:49
I ai say Sai
Speaker: 4
32:49
I want no. Nothing’s off left. I think Jason should be on the left and David should be on my right for news, appropriately. Where am Ai? He’s been pulling me to
Speaker: 2
32:56
the right. I’ll go to the audience.
Speaker: 3
32:57
It’s funny. He didn’t have any of these hard questions for Reid Hoffman. I don’t know why.
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33:04
Zach? Saks? Jason Wait. Do you want me to leave
Speaker: 1
33:07
the left and go to the right?
Speaker: 2
33:10
Jason I’m on the left right now, but
Speaker: 4
33:12
I could go right. Okay. Yeah. I guess it depends on perspective. Or it’s my perspective.
Speaker: 3
33:15
You’re It’s good debate. But but the
Speaker: 4
33:17
you know, Jason, if if the if the VC thing doesn’t work out, you’d make a great panelist at CNN. So Woah.
Speaker: 2
33:24
But I, sai Ai
Speaker: 4
33:26
by the way, I love this. And I, like, I I genuinely think, like, this is what a person who wants to be your vice president should actually do is answer some ai
Speaker: 1
33:35
of question. Credit for that.
Speaker: 2
33:36
Let me You will face the hard question. So back to the question. Let me answer the question. About dragging millions of people out of the country.
Speaker: 4
33:42
Jason, here here’s ai I find this question a little off, and I will answer it. But I I hear it’s it’s like somebody who comes to me and I’m I’m, like, eating my lunch and they say, look. That sandwich is 10 times the size of your mouth. How are you possibly gonna eat that whole sandwich?
Speaker: 4
33:55
And it’s like, well, I’ve I’m gonna take a first ai, and then I’m gonna take a saloni bite, and then I’m gonna take a third ai. And then eventually, the problem’s gonna be look. You start out with a 1000000 people who are what we call criminal ai, people who have committed violent crimes in some form or another.
Speaker: 4
34:09
Get them out of our country. Yes. Handcut those people and and force them out of the country. But you also do other things simultaneously. First of all, you stop the bleeding. Right? You undo Kamala Harris’s policies that open the southern border in the first place.
Speaker: 4
34:22
I’ve got a piece of legislation in the United States senate, that we’ve got a lot of colleagues who have signed up for it, which would tax remittances. Right? Because we know a lot of people are earning money and then sending it back to Central America or where wherever they came from.
Speaker: 4
34:34
If you end that practice, then you have a lot of people who go back willingly. I think you ought to make it harder for people to hire illegal labor as opposed to American citizens. You tick through these things, and I do think that, you know, that’s the sandwich approach to this, is you try to take it one step at a time.
Speaker: 4
34:49
But the most important thing and I think the deportations focus again, it is important because we’re eventually we are going to deport people, but the most important thing is to stop the bleeding. You’ve got to stop the millions of people flowing across the southern border every single year. It happened because of Kamala Harris’s policies.
Speaker: 4
35:07
It’s gonna stop when Donald Trump is president.
Speaker: 5
35:09
Let me ask a national security question. Yeah. There’s a lot of videos. Elon’s gone down there. Bobby Kennedy’s gone down there. You’ve gone down there. Sure. And the interdictions are not necessarily coming from countries in Central and South America anymore. They’re coming from places in, you know, near around near Asian.
Speaker: 5
35:27
And a lot of places that you wouldn’t normally think people coming ram, Middle East, etcetera. From a national security perspective, what do we think is happening?
Speaker: 2
35:35
Yep.
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35:35
Why is that happening?
Speaker: 4
35:37
Yeah. So well, part of the reason it’s happening is
Speaker: 5
35:39
that Ai. It’s not Hondurans necessarily.
Speaker: 4
35:41
It’s just striking. It’s it’s Iranians. It’s it’s people from, you know, all over Asia, Africa. You’re I mean, look. If if you look at this, that is the open door. Right? So if you wanna come to this country, that is the open door, and God knows why some of them wanna be here.
Speaker: 4
35:54
I mean, you know, given what’s going on in the Middle East, I do worry about military age males, Ai, coming into this country through the American southern border. But, you know, I actually asked a border patrol agent about this, on one of my visits, and, you know, great ai, was actually kind of heartbroken because he signed up to protect his country, and he’s a relatively recent immigrant.
Speaker: 4
36:15
I could tell that by his accent. This guy ai, like, very nervous
Speaker: 2
36:18
Yeah.
Speaker: 4
36:18
And very heartbroken about the fact that he can’t do his job. And he told me this story, and I, you know, I I feel like an idiot in hindsight because he’s like, we we have a guy who came in here. Well, I asked the guy, like, you know, why do you think this guy’s Iranian? And he said, well, because he came through and he said that he was Mexican.
Speaker: 4
36:32
And I was like, well, couldn’t he have been Mexican? And he said, well, he didn’t speak Spanish. Oh, that’s a tell.
Speaker: 1
36:37
You know? Yes. I tell.
Speaker: 4
36:38
Mexico legal alien doesn’t speak Spanish. That’s that’s probably a pretty significant tyler. But it it’s it’s happening because this is what Kamala Harris has done. She’s created this massive gap in our national security, and people are taking advantage of it. It’s really not that surprising.
Speaker: 0
36:51
JD, let me just ask you, one more foreign policy question, on China. So there’s a balancing act with Ai. But the rhetoric is that’s our enemy. There’s gonna be a cold war. The the the the structural relationship that the United States has with China is a very kind of codependent relationship. They buy our bonds.
Speaker: 0
37:11
I guess they’re selling them off now. We we buy a lot of product from them. Yeah. It allows us to go into a Walmart and get, you know, $40 scooters for our kids or $20 scooters for our kids. The technology industry is deeply dependent on a supply chain coming from China. There is a great commercial interdependency with China.
Speaker: 0
37:29
They have historically been a very important partner to the United States and our economic prosperity. And I know the argument about hollowing out the middle class and so on because of moving everything offshore to Ai. But you how do we rip that Band Aid off and not cause massive problems with inflation?
Speaker: 0
37:46
How do we not, you know, drive the cost of everything up by tariffing things that are coming in from China? What’s the the way forward with China? Is it necessarily a deeply kind of divisive cold war? Or is there a path here that allows us to maintain a balanced trading relationship and and kind of a peaceful transition with with China as they continue to to build up their kind of capabilities economically and, with energy, which I think
Speaker: 1
38:13
is one
Speaker: 0
38:13
of the biggest drivers for their success.
Speaker: 4
38:15
Well, so so there’s a lot there. And let me try to sort of take a few pieces of it because I know we’re relatively short on time. So so number 1 is the energy piece of it is very important. Part of the way that you reshore American manufacturing is that you open up American energy.
Speaker: 4
38:26
It matters for crypto. It matters for AI. You’ve got to open up American energy or you’re never gonna have whether it’s the next generation of manufactured goods or the past generations, you’ve gotta open up American energy. K? That’s number 1. Number 2 is, look, I don’t wanna go to war with China.
Speaker: 4
38:40
I think it would be hugely destructive, but I do think that we have to reshore more American manufacturing. And and one of the weird things about China, if you think about past eras of developing nations. Right? So go back to, like, when the UK was the most advanced economy in the world and America was a developing nation.
Speaker: 4
38:57
Well, one of the things that happened is that, like, capital was flowing from the UK into the United States, right, from the developed into the developing nation. What’s really weird about China is that it’s like Americans borrow money from Chinese peasants to then buy the things the Chinese peasants are making for us. Right?
Speaker: 4
39:14
So it’s not just the goods flow that’s jacked up. It’s the capital flows that are jacked up. And I really think that the next you know, Donald Trump is gonna be the next president of the United States, and this is something we’re gonna have to figure out, is that you need to balance both the capital and the goods flows.
Speaker: 4
39:28
Okay? I’m not saying we’re gonna have absolutely no trade with Ai, but right now, the relationship is fundamentally that the Chinese have figured out they can create a massively powerful producerist society while America becomes a weaker, weaker consumerist society. That is the broken nature of the relationship, and I think rebalancing is the right way to think about it, but we have got to do it.
Speaker: 4
39:49
And I think we’re way, way behind the
Speaker: 5
39:51
You maybe final question, but you said something which I thought was incredibly well said, so I just wanna repeat it. When US growth is 1 or 2%, everybody’s fighting.
Speaker: 1
39:59
Exactly.
Speaker: 5
40:00
But when US grows 4 to 5%, everybody prospers.
Speaker: 4
40:03
Meh.
Speaker: 5
40:03
Can you walk us through just how you think about how we get that extra 2 or 300 basis points of growth and where you need to have less regulation so that you can have more entrepreneurship or more regulation to kind of constrain folks?
Speaker: 1
40:15
How do
Speaker: 5
40:15
you think And
Speaker: 0
40:15
less regulation for that energy sector.
Speaker: 4
40:17
Yeah. I mean, I I I really do think that we have to recognize that we have massively overregulated the real world. Right? Overregulated transportation, overregulated energy, overregulated home construction. I don’t know that it’s I don’t know how easy it is to get another 300 bps of growth, but I think you could get a lot more growth, whether it’s 300 or 150, just by massively reducing the amount of regulatory burden in the real economy.
Speaker: 4
40:43
And, again, I I’m an optimist. I’m fundamentally an optimist on both, you know, crypto, blockchain, Meh 3 stuff, but also on AI. And, you know, the way out of this may very well be to radically open up the way the technological innovation drives things in the United States.
Speaker: 4
41:01
And and just on this point about China, I don’t know how much time we’re we have, but I’ll try to be quick about this. One of the things that Bob Whatever you need. Yeah. Okay. It’s more
Speaker: 2
41:09
about you.
Speaker: 4
41:10
Alright. Well, I’m a politician, so, buckle in. We’re gonna be
Speaker: 5
41:13
3 hours left. But, one
Speaker: 4
41:17
of the real conceits of the 30 years of globalization that I think was really, really deranged, in hindsight very wrong, Bob Lighthizer, who is Trump’s trade representative, talks a lot about this, is we had this conceit that we could separate the manufacturer of things from the design of things. Right? So if you get an iPhone right now and you get it out of the box, you will see that it says ai in Cupertino, California.
Speaker: 4
41:38
Of course, the implication is that it’s manufactured in Shenzhen or wherever they’re manufacturing iPhones these days. That that the idea that the iPhone is designed in Cupertino is increasingly no longer even true. Right? It’s something that we lie to ourselves about because the people who are doing all the manufacturing of the hardware of the iPhone are getting much better at design and innovation.
Speaker: 4
41:57
And part of the reason why I care so much about this manufacturing thing is whether it’s antibiotics, for example. Why why haven’t why hasn’t Meh invented an antibiotic in 30 years? It probably has something to do with the manufacture of antibiotics that’s done almost entirely in very low cost manufacturing areas.
Speaker: 4
42:12
You can go through a whole host of goods like this, but if you want to build a high-tech, high dynamic growth economy, you have to have some native manufacturing and some self reliance. And so these two things are very related, and I think it’s a big part of getting back to 4 or 5% growth is accepting that, yes, we’re gonna have trade, but we can’t let everybody make all of our stuff.
Speaker: 4
42:35
Sai.
Speaker: 3
42:35
Yeah. Let me Final
Speaker: 1
42:36
question for you.
Speaker: 2
42:37
Yeah. Well, I wanna
Speaker: 3
42:40
I wanna wrap this up because I think we’re we’re basically out of time by, by just observing that both Donald Trump and JD Vance have been on this podcast. And it’s not because I’m a crazy right winger, It’s because we invited them Not
Speaker: 1
42:54
just because.
Speaker: 2
42:55
Not just because.
Speaker: 3
42:58
It’s it’s because we invited them and they accepted. We have similarly invited Kamala Harris and Tim Waltz
Speaker: 1
43:06
to And by before that but
Speaker: 2
43:08
And by before that. He forgot. So we’re
Speaker: 1
43:11
we’re still
Speaker: 3
43:12
waiting He said yes.
Speaker: 5
43:14
He forgot.
Speaker: 2
43:15
He said. He lost the he lost the Zoom link.
Speaker: 3
43:20
So we we wanna bryden
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43:21
to be on this call?
Speaker: 3
43:22
Yeah. We wanna re extend the invitation. Yes.
Speaker: 2
43:25
To be very clear.
Speaker: 3
43:26
Kamala Harris and Tim Walz, you’re welcome to come on the podcast ai, and the format will be similar.
Speaker: 1
43:31
Yeah. And I just wanna say, JD, I think your answers were fantastic here today ai I really do appreciate you coming on and answering these questions very thoughtfully. And, you know, from my perspective, when I heard that you were announced as the VP, I thought, well, this is great.
Speaker: 1
43:45
A young person, who’s got a lot of experience in venture capital and building things in the world and somebody who comes from humble beginnings ai the 4 of us, and believes that a meritocracy where people work hard and get reward for it. So you check all my boxes in that way. Ai I can really think Ai feel much better.
Speaker: 1
44:05
I have my issues with your boss, but when you talk about the bite sai steps to it, I think one framework to look at your relationship with Trump is he says things, you know, at the top of the, at the highest bryden, we’re sana deport 20,000,000 people and that you have a very practical approach.
Speaker: 1
44:23
60% tariffs makes no sense, but hey, we’ve got to rebalance this. And so I really do like your measured approach to this, and I think that you’re a great counterbalance, and I think we understand why he picked it.
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44:33
I wanna sana one thing. And this is not really related to anything except that you are not supposed to be here.
Speaker: 4
44:46
That’s exactly right.
Speaker: 5
44:47
Yep. And that is really inspiring to other people who were not supposed to be here. Thank you.
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44:52
Well Yeah.
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44:53
I appreciate And
Speaker: 2
44:53
if you haven’t read JB’s book
Speaker: 1
44:56
I read your book long before all of meh. Incredible. And I just wanna say your book was so inspiring and I I have recommended it long before today to, you know, literally hundreds of people. It’s a fantastic read if you haven’t read it.
Speaker: 0
45:08
Yeah.
Speaker: 4
45:08
Well, and by the way, available wherever books are sold.
Speaker: 1
45:12
You’re like Jake House. Exactly.
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45:15
Do you have an ai?
Speaker: 4
45:16
5 529 account for the kids to check on the social media. Can I just just just 2 things? First of all, Jason, I I appreciate what you said, but I I also just wanna defend, my my running mate here because I think that, again, the media doesn’t often tell you the truth about Donald Trump.
Speaker: 4
45:31
Donald Trump cares more about the details of public policy than almost anyone I’ve ever met in public ai. That’s actually real. He thinks about how this stuff affects the real economy and real Americans. So if you’re on the fence, whether you like what I said or dislike what I said, I just encourage you, listen to what he actually says because I think that you’ll become a believer that he can make the country great again as he promises.
Speaker: 4
45:53
But but but separate from that, I just wanna sai, this is such an important conversation, and you guys hold and host important conversations every single day. We should do more of it as a country, but I’m glad to participate today. God bless everyone. Thank
Speaker: 2
46:05
you, ladies and gentlemen. Katie Vince. That’s
Speaker: 3
46:13
great ai.
