♪ [THEME MUSIC] ♪
>> HI, I'M BOB HERBERT.
WELCOME TO "OP-ED.TV."
AMERICA WAS ONCE THE ENVY OF THE
WORLD IN TERMS OF OUR STANDARD
OF LIVING, VAST HIGH-QUALITY
TRANSPORTATION NETWORKS,
UNPARALLELED SYSTEMS OF PUBLIC
AND HIGHER EDUCATION, AND
COMMITMENT TO FREEDOM AND
DEMOCRACY.
IT DIDN'T MATTER WHETHER
DEMOCRATS OR REPUBLICANS WERE IN
POWER.
THERE WERE NORMS AND PRINCIPLES
AND IDEALS TO WHICH NEARLY ALL
OF US SUBSCRIBED.
WE WERE GENERALLY OPTIMISTIC,
AND IN THOSE AREAS WHERE WE
WEREN'T DOING TOO WELL, WE
TENDED TO AGREE WITH JACK
KENNEDY THAT WITH HARD WORK AND
IN SPIRIT OF COOPERATION, WE
COULD DO BETTER.
THAT ALL SEEMS A LONG TIME AGO.
WHAT HAPPENED?
HOW DID IT HAPPEN?
WHERE ARE WE NOW HEADED?
I WILL TALK ABOUT THIS WITH MY
GUEST, BARRY LEPATNER,
AN EXPERT ON INFRASTRUCTURE
AND DEVELOPMENT AND A VETERAN
ANALYST OF POWER, POLITICS, AND
GOVERNMENT IN THE U.S.
THANKS FOR COMING IN.
I SHOULD POINT OUT YOU ARE A
LAWYER AND THE FOUNDER OF THE
LAW FIRM LEPATNER AND
ASSOCIATES, WHICH SPECIALIZES IN
CONSTRUCTION AND DEVELOPMENT
ISSUES.
THE PERIOD I WAS TALKING ABOUT
WHEN THE UNITED STATES WAS THE
ENVY OF THE WORLD, THAT IS
ROUGHLY THE END OF WORLD WAR II
INTO THE 1970'S.
IN A GENERAL SENSE, WHAT
HAPPENED TO THE UNITED STATES
SINCE THE 1970'S THAT HAS CAUSED
US TO FALL SHORT IN SEVERAL KEY
AREAS IN TERMS OF WHAT HAS
HAPPENED TO THE MIDDLE CLASS,
THE EDUCATION SYSTEM, AND
AND SO ON?
>> WE CAME OUT OF WORLD WAR II
AND PEOPLE SOMETIMES FORGET
THAT WE ENTERED WORLD WAR II
AFTER A GREAT DEPRESSION, WHICH
DEVASTATED OUR NATION AND ITS
FAMILY WAY OF LIFE.
BUT WE CAME OUT VICTORIOUS
BECAUSE AMERICANS PULLED
TOGETHER IN A WAY THAT WAS
UNIMAGINABLE IN THE HISTORY OF
THE WORLD.
>> RIGHT.
>> AND THEN WE ROSE TO OUR
GREATEST HEIGHTS BY DECIDING TO
GENEROUSLY HELP OUR ENEMIES AND
ALLIES WITH PROGRAMS OVERSEAS TO
HELP THEM GET BACK TO OUR FEET,
BUT MOST IMPORTANTLY WITHIN THE
UNITED STATES WE SAW THINGS
HAPPEN OVER THE NEXT THREE OR
FOUR DECADES THAT WERE
INCREDIBLE FOR OUR NATION.
WE REBUILT OUR IN STATE HIGHWAY
SYSTEM ANEW,
WHICH BROUGHT TREMENDOUS
ECONOMIC GROWTH TO CITIES AND
TOWNS ALONG THE WAY.
OF COURSE, THAT HELPED THE
AUTOMOBILE INDUSTRY WHICH BECAME
THE GREATEST INDUSTRY IN THE
ENTIRE WORLD.
BUT WE ALSO BUILT OUT MAJOR
AIRPORTS, MAJOR TRANSIT SYSTEMS
IN BOSTON AND ATLANTA AND
NEW YORK.
WE SAW THE GROWTH OF A NATION
THAT PROSPERED BECAUSE EVERYBODY
HAD RESPECT, AND WE SAW A RISING
MIDDLE CLASS.
>> WHEN YOU ARE TALK ABOUT
INVESTMENTS, --
WE ALSO HAD TO BUILD HOUSING FOR
ALL THESE GIs COMING BACK
FROM THE WAR AND,
WERE STARTING FAMILIES,
AND SCHOOLS HAD TO BE BUILT,
FOR THE CHILDREN.
THERE WAS TREMENDOUS INVESTMENT
ACROSS THE BOARD.
>> THERE WAS A RISING TIDE
THAT WOULD MAKE LIFE BETTER FOR
THEM DURING THE COURSE OF THEIR
LIVES, WHICH IN FACT DID HAPPEN
FOR THAT BOOMER GENERATION.
>> SO WHAT HAPPENED WHEN WE
GOT TO THE 1970'S?
I REMEMBER THE OIL SHOCKS OF THE
1970'S.
WHAT HAS HAPPENED SINCE THE
1970'S WHERE WE NO LONGER HAVE A
COMMITMENT TO THE KINDS OF
INVESTMENTS THAT YOU'RE TALKING
ABOUT?
>> BEGINNING IN THE EARLY
1970'S, THE MINDSET OF OUR
CONGRESS MOVED TO OTHER THINGS
THEN BUILDING OUT OUR
INFRASTRUCTURE AND MAKING THOSE
INVESTMENTS.
THE MINDSET OF HELPING THE
MIDDLE CLASS CHANGED.
THE ADVENT WHERE UNIONS HAD
BASICALLY, DURING THAT PERIOD OF
TIME, HAD ONE OUT OF FIVE
WORKERS AS UNION WORKERS.
TODAY THEY ARE ABOUT 11%.
>> AND BETTER WORKING
CONDITIONS FOR PEOPLE WHO
WEREN'T IN UNIONS AS WELL.
>> ALL OF THAT SEEMS TO HAVE
COME TO A HALT BECAUSE IN THE 40
YEARS SINCE THE 1970'S,
WHAT WE'VE SEEN IS THAT THE
MIDDLE CLASS HAS SHRUNK.
BACK IN THE 1970'S, 57%
OF AMERICAN FAMILIES WERE DEEMED
TO BE IN THE MIDDLE CLASS.
TODAY IT IS 45%.
BACK THEN THERE WAS AN
ANTICIPATION OF RISING INCOME
THAT WAS GOING TO RAISE THE
QUALITY OF OUR LIVES, AND OUR
KIDS COULD GO TO COLLEGES THAT
WERE REASONABLY CHEAP AROUND THE
NATION.
TODAY THAT MIDDLE-CLASS HAS SEEN
HARDLY ANY INCREASE IN THE
STANDARD OF LIVING.
>> AND IT IS NO LONGER ASSUMED
THAT THE CHILDREN OF THIS
GENERATION WILL DO BETTER THAN
THEIR PARENTS AND GRANDPARENTS.
>> ALL THE STUDIES TODAY
SHOW THAT THERE'S AN EXPECTATION
THEY WON'T.
WHAT WE'VE SEEN AND HARDLY
FOCUSED ON, BUT IT'S BECOME MORE
RELEVANT WITH EVERY PASSING
YEAR, IS THAT IN ORDER TO GROW
AS A FAMILY, IN ORDER TO SEE
YOUR PROSPECTS BE BETTER, YOU
HAVE TO ACCUMULATE SOMETHING
CALLED WEALTH.
IT IS NOT THE WEALTH OF THE
ROBBER BARONS, BUT THE WEALTH
THAT SAYS I BOUGHT A HOME FOR
$30,000 OR $50,000 AND SOLD IT
FOR $80,000, SO I HAVE EXTRA
MONEY TO BUY A BETTER HOUSE,
AND THERE IS A RISING TIDE OF
REAL ESTATE VALUES.
THAT IS GONE.
>> --
AFFORDABLE HIGHWAY EDUCATION FOR
MY CHILDREN WHICH WOULD HELP
THEM GOING FORWARD.
>> ALL PARENTS FELT THAT WAY
IN THE 1950'S AND 1960'S.
THAT HAS GONE AWAY BECAUSE I
THINK THE RESULTS OF THE
RECESSIONS IN 1990'S, 2000-2001,
AND 2008 STRIPPED AWAY A LOT OF
THE SELF-RESPECT MANY FAMILIES
HAD FOR THEMSELVES AND THEIR
FUTURE AS WORKERS.
>> ONE OF THE THINGS THAT
CONCERNS ME IS THE POLITICAL
CHANGE THAT SAYS WE CAN'T MAKE
THESE INVESTMENTS, PRIMARILY BY
GOVERNMENTS, BUT NOT JUST BY
GOVERNMENT, BY INDUSTRY AS WELL,
IN INFRASTRUCTURE, HOUSING,
EDUCATION, RESEARCH AND
DEVELOPMENT, THAT SORT OF THING
THAT WE DID YEARS AGO.
YOU AND I WERE TALKING A LITTLE
BIT ABOUT THE FUTURE OF AMERICA,
AND I WAS DUTIFULLY TAKING
NOTES.
YOU MENTIONED A NUMBER OF AREAS
IN WHICH YOU PERSONALLY ARE VERY
CONCERNED ABOUT THE DIRECTION WE
ARE GOING IN.
I WILL JUST RATTLE OFF SOME OF
THEM VERY QUICKLY.
THE ENVIRONMENT, HEALTH CARE,
FORTUNES OF THE MIDDLE CLASS,
WHAT HAS HAPPENED TO THE LABOR
FORCE.
THESE ARE AMONG THE AREAS, AND
OF COURSE INFRASTRUCTURE, WHICH
WE TALK ABOUT ALL THE TIME.
ENVIRONMENT IS NOT SOMETHING
I'VE HEARD YOU TALK ABOUT A LOT,
AND IT IS NOT SOMETHING I THINK
IN THE NATIONAL CONVERSATION WE
HEAR ENOUGH ABOUT.
TALK A LITTLE BIT ABOUT YOUR
CONCERNS WHEN IT COMES TO THE
ENVIRONMENT.
>> I SEE ENVIRONMENT THROUGH
THE LENS OF A GROWING NATION
THAT WANTS TO GROW, THAT WANTS
TO PROSPER.
ON ONE LEVEL, I SEE US THINKING
ABOUT THE NEED TO IMPROVE OUR
INFRASTRUCTURE AND DO THE RIGHT
THING IN THAT AREA.
THEN I SAY, HOW CAN WE REBUILD
OUR INFRASTRUCTURE WHEN WE HAVE
CONCERNS THAT OUR ENVIRONMENT IS
GOING TO DISAPPEAR ON US, OUR
ECOLOGY IS GOING TO DISAPPEAR ON
US IF WE DON'T TAKE STEPS TO
RECOGNIZE WHAT'S HAPPENING?
I'VE UNDERSTOOD FROM
STUDYING THIS IS THAT AMERICA
HAS ALWAYS HAD A LAISSEZ-FAIRE
MINDSET.
WE RECOGNIZE THAT PEOPLE ARE
GOING TO SPEND MONEY AND TAKE
RISKS AND BUILD AND DO THOSE
THINGS, AND THAT'S A WONDERFUL
PART OF OUR COUNTRY.
BUT AT THE OTHER HAND, WE ALSO
HAVE THE PRESERVATIONISTS AND
ENVIRONMENTALISTS WHO SAY WE
OUGHT TO PROTECT AND PRESERVE
THE NATURAL GIFTS IN OUR COUNTRY
WE'VE BEEN GIVEN, DATING BACK TO
TEDDY ROOSEVELT.
THAT DEBATE CAN GO ON.
THAT IS A FAIR DEBATE.
HOW DO WE BALANCE THAT?
IT SHOULD GO ON.
BUT WHAT WE SHOULD NOT HAVE A
DEBATE OVER IS WHAT IS HAPPENING
TO OUR ECOLOGY IN TERMS OF
GLOBAL WARMTH AND THE EFFECTS WE
ARE SEEING IN A POLAR ICE CAP
THAT IS CLEARLY MELTING AND
RAISING OCEAN WATERS, AND
ESSENTIALLY THE SCIENCE THAT
SAYS WE ARE GOING TO SEE MAJOR
WASHOUTS TO A GOOD PART OF THE
EAST COAST, AND WE ARE GOING TO
SEE CONTINUING DISASTERS LIKE
HAPPENED IN HOUSTON AND PUERTO
RICO AND LOUISIANA.
>> WE ARE ALREADY SEEING THE
EFFECTS.
>> BUT WE ARE NOT RESPONDING
TO THOSE EMERGENCIES, WHICH THEY
ARE, AND I LOOK AT IT AND SAY
HOW CAN YOU PLAN NEW RAIL
SYSTEMS, NEW AIRPORTS, NEW PORTS
IN ALL OF THESE AREAS WITHOUT
TAKING INTO ACCOUNT THEY MAY
NOT BE THERE IN THE NEXT 50 AND
100 YEARS?
>> NOT TO MENTION THE
RESIDENTIAL DEVELOPERS ALONG THE
COASTAL AREAS THAT WILL
VANISH, FOR EXAMPLE.
>> INTERESTING FACTS THAT
CANNOT BE IGNORED.
AS A WORLD, WE ARE DESTROYING 10
MILLION TREES A YEAR.
TREES ARE NOT JUST BEAUTIFUL.
THEY DON'T JUST ADD TO OUR
LANDSCAPE.
THEY ABSORB THE CARBON MONOXIDE
WE ALL BREATHE AND TURN IT BACK
INTO OXYGEN.
WE LIVE IN A LIMITED ATMOSPHERE.
I LOOK AT THE 687 PIPE BREAKS,
WATER PIPE BREAKS EVERY DAY IN
THE UNITED STATES, WHICH LOSE 10
BILLION GALLONS OF WATER A DAY.
I LOOK AT THE ACTIONS WHICH ARE
ALLOWING INDUSTRY TO PUMP COAL
ASH INTO RIVERS AND STREAMS.
THESE ARE THE THINGS WE HAVE TO
TALK ABOUT AS ISSUES THAT ARE
NOT DENIABLE.
>> WHAT STRIKES ME IS REALLY
INTERESTING, WHEN YOU TALK ABOUT
THE ENVIRONMENT AND OUR ECOLOGY,
IF WE MADE THE INVESTMENTS AND
TOOK THE STEPS NECESSARY TO
COUNTERACT SOME OF THE MOST
DANGEROUS EFFECT, THESE
INVESTMENTS WOULD PUT ALL KINDS
OF PEOPLE TO WORK.
IF YOU WERE DEALING WITH GLOBAL
WARMING AND WORKED HARD AT
DEVELOPING ENERGY EFFICIENT
VEHICLES, BUT NOT JUST VEHICLES,
HOMES, BUILDINGS, BUSINESSES.
YOU'D PUT PEOPLE TO WORK
COAST-TO-COAST.
BUT WE DON'T SEEM TO HAVE THAT
KIND OF VISION.
>> I CAN SMILE AT THAT
COMMENT BECAUSE IT IS SO RIGHT
FOR OUR CURRENT TIMES.
WE ARE SO ABSORBED WITH HEARING
EVERY MONTH THAT THE
UNEMPLOYMENT RATE IS NOW
DOWN TO 3.9%, AND WE FORGET THAT
IT IS THE OPTION OF A SHRINKING
LABOR MARKET.
>> PEOPLE LOOK AT THAT
HEADLINE NUMBER AND GO, OH MY
GOODNESS, LOOK AT HOW WONDERFUL
THINGS ARE.
BUT THEN THEY LOOK IN THE MIRROR
AND GO, WHY IS MY FAMILY
STRUGGLING?
>> STATISTICS SHOW THAT WHAT
IS NOT REFLECTED IN THE NUMBER
IS THE WORKERS WHO HAVE GIVEN UP
LOOKING FOR JOBS.
THESE ARE THE PEOPLE WHO LOST
THEIR MANUFACTURING JOBS IN THE
GREAT RECESSION, WHO SHOULD NEED
RETRAINING IN NEW AREAS.
GOING BACK TO THE 1970'S AND
1980'S, WE HAD A MANUFACTURING
OUTPUT THAT WAS CONSIDERED THE
WORLD'S WONDER.
TODAY WE MANUFACTURE TWICE AS
MUCH GOODS AS WE DID IN THE
EARLY 1980'S WITH 1/3 LESS
WORKERS.
WHERE DID THOSE WORKERS GO?
THEY'VE BEEN REPLACED BY
MACHINES.
>> PEOPLE ARE WORRIED ALWAYS
ABOUT GLOBALIZATION AND LOW-WAGE
FARMWORKERS, WHICH DOES HAVE A
SIGNIFICANT IMPACT ON OUR
WORKFORCE AND THE ECONOMY, BUT
IT'S THE MECHANIZATION THAT HAS
TAKEN OVER SO MANY OF THE JOBS
AND HAS A MUCH BIGGER IMPACT ON
EMPLOYMENT IN THIS COUNTRY.
>> THOMAS FRIEDMAN SAID A
FEW MONTHS AGO, WE HAVEN'T LOST
OUR JOBS TO MEXICANS.
WE'VE LOST THEM TO BITS AND
BYTES.
THAT IS WHAT IS RUNNING OUR
FACTORIES.
>> AND THAT IS ONLY GOING TO
INCREASE.
>> AND WE ARE NOT SPENDING
MONEY ON RETRAINING.
RETRAINING FOR DIGITAL JOBS IS
GOING TO REQUIRE HIGHER EDUCATED
PEOPLE.
>> I'VE NEVER ASKED YOU WHETHER
YOU ARE A DEMOCRAT OR
REPUBLICAN, AND I AM NOT GOING
TO ASK YOU NOW.
THIS IS NOT A POLITICAL
CONVERSATION.
BUT YOU TOLD ME THAT YOU BELIEVE
AMERICA IS A FUNDAMENTALLY
CENTRIST COUNTRY.
I'M A VERY LIBERAL GUY, BUT ALSO
KNOW YOU HAVE TO COME TO SOME
COMMON GROUND IF YOU ARE GOING
TO MAKE ANY KIND OF PROGRESS IN
A NATION, OR FOR THAT MATTER,
IN A STATE OR CITY.
HOW DID WE GET TO SUCH A
POLARIZED SITUATION WHERE IN SO
MANY CASES, THE TWO SIDES CAN'T
BEGIN TO DEAL WITH ONE ANOTHER?
>> WE GOT THERE WHEN
POLARIZATION IN OUR CONGRESS AND
FEDERAL GOVERNMENT STARTED BACK
IN THE 80'S, WHEN POLITICIANS
DECIDED THAT THE OTHER FOLKS
WERE THE ENEMY, THE OTHER
PEOPLE WE SHOULDN'T
EVEN BE SOCIALIZING WITH.
UNTIL WE HAVE THAT ATTITUDE, WE
CAN'T FORCE INTO THE GENERAL
CONVERSATION OUR IDEAS WHICH
BELONG ON ONE SIDE OR THE OTHER.
AND IT WAS BOTH SIDES THAT CHOSE
TO TAKE THAT ATTITUDE.
THAT LOSS OF CONVERSATION IN THE
MIDDLE HAS REALLY HURT OUR
NATION.
BUT THE FAILSAFE TO THAT
POLARIZATION IS GRIDLOCK THAT
OUR NATION HAS ALWAYS,
RESPONDED WHEN OUR COUNTRY
HAS SHIFTED TOO FAR LEFT OR TOO
FAR RIGHT BY BRINGING IT BACK TO
THE MIDDLE IN EVERY SITUATION.
ONCE WE GO TOO FAR TO ONE
EXTREME OR THE OTHER,
THE MIDDLE THAT
MAY HAVE BEEN SWAYED BY THE
FEARFUL CONCERNS THEY HAVE ON
ONE SIDE OR THE OTHER SOMEHOW
STARTS TO GET LEERY ABOUT IT AND
IS LOOKING FOR A REASONED,
RATIONAL DISCOURSE.
THE PROBLEM WILL BE WHETHER WE
HAVE LEADERS TO RISE TO THE
LEVEL OF BEING ABLE TO INFLUENCE
OR WHETHER POLITICAL GRIDLOCK
IS GOING TO BECOME CALCIFIED.
>> DO YOU HAVE A SENSE AT THIS
PARTICULAR MOMENT WHETHER WE ARE
MOVING IN THE KIND OF DIRECTION
YOU ARE TALKING ABOUT,
ESSENTIALLY A COURSE CORRECTION?
DO YOU SEE ANY EVIDENCE OF THAT
ARE NOT?
>> I THINK THE ONLY WAY IS
IF PEOPLE COME OUT AND VOTE.
IT DOESN'T HAPPEN WHEN THE VOTE
LEVEL DROPS ANY FURTHER THAN
WHAT IT IS NOW.
IN THE LAST THREE ELECTIONS, WE
SAW WHAT HAPPENS WHEN 5 MILLION
PEOPLE VOTE IN ONE ELECTION AND
DON'T SHOW UP TO VOTE IN THE
NEXT ELECTION.
WE SAW IN LOCAL ELECTIONS,
PEOPLE DON'T UNDERSTAND THAT
LOCAL POLITICS REALLY COUNTS.
I BELIEVE THERE IS A SENSE,
MAYBE BECAUSE OF
THE PROLIFERATION OF
ALL OF THE DISPUTES WE ARE
HAVING THAT COVERS SO MANY
DIFFERENT AREAS FROM CONCERNS
ABOUT NUCLEAR PROLIFERATION
TO CONCERNS ABOUT RACISM AND
XENOPHOBIC CONCERNS THAT PEOPLE
ARE STARTING TO PAY ATTENTION.
IT DOESN'T MATTER WHAT SIDE
YOU'RE ON BECAUSE IF YOU START
TO PAY ATTENTION, YOU'LL SOONER
OR LATER, ENGAGE.
>> THAT IS WHAT I TRY TO TELL
PEOPLE.
I'VE BEEN SPEAKING
ON COLLEGE CAMPUSES
AROUND THE COUNTRY
TALKING A LOT ABOUT VOTING.
I DON'T SAY DEMOCRATS, YOU GOT
TO GET TO THE POLLS, EVEN THOUGH
I THINK DEMOCRATS NEED TO GET
TO THE POLLS.
I JUST TELL PEOPLE, VOTE.
EVERYBODY VOTE.
IT IS A DEMOCRACY.
I WOULD LIKE TO SEE THE VOTER
REGISTRATIONS TO GET HIGHER,
WHETHER REPUBLICAN OR DEMOCRAT,
JUST GET OUT THERE AND VOTE.
YOU'RE RIGHT.
THE TENDENCY IS TO VOTE IN
PRESIDENTIAL ELECTIONS, AND IN
THE OFF YEAR,
TURNOUT FALLS OFF A
CLIFF.
>> I THINK WE WILL BE SURPRISED
THIS NOVEMBER THAT IN MANY
STATES, IF NOT A MAJORITY OF
STATES, WE ARE GOING TO SEE
THE HIGHEST VOTER TURNOUT WE'VE
SEEN IN MANY YEARS OR
HISTORICALLY.
>> THAT WOULD BE A GREAT
THING.
YOU WERE TALKING ABOUT WHAT IS
HAPPENING IN THE LABOR MARKETS
AND WHAT IS HAPPENING TO
ORDINARY WORKERS AND
FAMILIES.
WE RECENTLY HAD THESE ENORMOUS
TAX CUTS, AND ALONG WITH THE TAX
CUTS, THE BUDGET DEFICITS RISING
AND RISING.
THE AREAS THAT WE'VE BEEN
DISCUSSING HERE DURING THIS
PROGRAM, ONE WE ARE TALKING
ABOUT THE INVESTMENTS THAT NEED
TO BE MADE, BUT AS BUDGET
DEFICITS GET HIGHER AND HIGHER,
IT MAKES IT MORE DIFFICULT AND
UNLIKELY.
ON THE OTHER HAND, YOU MENTIONED
THE EMERGENCIES WE FACE.
WE HAVE TERRIBLE STORMS,
WILDFIRES.
WITH THESE ENORMOUS BUDGET
DEFICITS, IF WE GET A
HUGE NATURAL DISASTER, OR IF
THERE IS AN ECONOMIC DOWNTURN
AND YOU DON'T HAVE THE MONEY
TO PREVENT A DOWNTURN, OR GOD
FORBID, IF THERE IS A TERRORIST
ATTACK.
>> I THINK WHETHER YOU ARE A
SOBER REPUBLICAN OR DEMOCRAT,
OUR NATION WILL COME TO REGRET
GETTING A $1.5 TRILLION TAX GIFT
TO THE MAJOR CORPORATIONS AND
THE 1% BECAUSE WHAT WE'VE
ALREADY STARTING TO SEE,
UNFORTUNATELY, IS THAT 40% OF
THE COMPANIES -- HAVE DECIDED
TO USE THAT MONEY TO BUY BACK
THEIR STOCK AND ARE NOT DOING
ANYTHING MEANINGFUL FOR HIGHER
WAGES.
WHAT WE ARE ALSO SEEING IS THAT
SUCKED TO THE AIR OUT OF ANY
CONSIDERATION FOR MAKING
INVESTMENTS IN OUR
INFRASTRUCTURE.
EVEN THE TRUM ADMINISTRATION
OFFICIALS HAVE SAID THAT HAS
BEEN PUT OFF UNTIL NEXT YEAR,
MAYBE.
BUT IT WILL PROBABLY BE, AS I'VE
SAID A NUMBER OF TIMES, DEAD ON
ARRIVAL IF EVERY POLITICIAN SAYS
WE CAN'T INCREASE THE DEBT
ANYMORE.
THE REALITY IS WE MAY HAVE TO
INCREASE THE DEBT TO ADDRESS
SOME OF THE REAL PROBLEMS
BECAUSE THE TARIFFS ALONE,
BASED ON WHAT HAS HAPPENED
DURING THE BUSH ADMINISTRATION
WERE THE SAME TARIFFS WERE
IMPOSED, THEY HAD TO BE
WITHDRAWN BECAUSE WE LOST A
MILLION JOBS.
THESE ARE THE CONCERNS NOW THAT
ARE THE REPERCUSSIONS OF TRYING
TO DEAL WITH A BASE OF SUPPORT
AND FORGETTING THERE ARE 90
OTHER SUPPORT BASES THAT ARE
GOING TO KEEP OUR GOVERNMENT
FUNCTIONING ON THE RIGHT LEVEL.
>> YOU MENTIONED THE TARIFFS.
YOU LOOK AT THE BOTTOM LINE AND
THE MONEY DRIVES OUR LEADERSHIP,
YOU CAN EXPLAIN IN GREAT DETAIL
WHAT IS GOING ON.
BUT IF YOU LOOK AT THE
REPUBLICAN PARTY, I'VE BEEN
COVERING THIS STUFF FOR DECADES,
THE REPUBLICAN PARTY LEADERS
ALWAYS INSISTED THAT THEY WERE
CONSERVATIVE, YOU MENTIONED FARE
EARLIER IN OUR PROGRAM, THAT
THEY WERE THE PARTY THAT WAS IN
FAVOR OF BALANCED BUDGETS, NOT
IN FAVOR OF ENORMOUS BUDGET
DEFICITS AND THAT SORT OF THING.
IT JUST STRIKES ME THAT IN TERMS
OF ECONOMIC POLICY, THE PARTY
HAS BECOME ANYTHING BUT
CONSERVATIVE.
WE'VE ONLY GOT A MINUTE OR SO
LEFT, BUT CAN YOU GIVE ME A
SENSE OF WHAT HAPPENED TO THE
REPUBLICAN PARTY SOMEWHERE ALONG
THE LINE?
>> THEY BOUGHT THE REALITY
SHOW TV PRESIDENT AND FORGOT ALL
THE SUPPORT OF TENANTS THAT
REALLY MADE THE REPUBLICAN PARTY
AN IMPORTANT PART OF OUR NATION.
THEY REALLY WERE THE KIND OF ID
OF WHAT THE VIEWPOINT OF OUR
FOUNDING FATHERS WERE IN TERMS
OF PROTECTING PRIVACY, IN TERMS
OF OUR BALANCING OF BUDGETS, OR
ANTI-RUSSIAN CONSTRUCT.
>> THEY WERE HOSTILE TO THE
RUSSIANS IF EVER ANYONE WAS
HOSTILE TO ANYONE.
>> IT IS ALMOST UNFAIR TO
CALL THE REPUBLICAN PARTY TODAY
THE SAME AS THE REPUBLICAN PARTY
OF YESTERYEAR.
>> IT IS NOT RECOGNIZABLE.
>> SO WE HAVE TO UNDERSTAND THAT
THERE'S GOING TO BE ALLIANCES
FORMING NOW THAT ARE GOING
TO ADDRESS THE FUTURE OF OUR
COUNTRY THAT I BELIEVE ARE GOING
TO LEAD US BACK INTO A STEADY
PATH TO THE CENTER.
>> I WILL KEEP MY FINGERS
CROSSED.
BARRY, WE ARE OUT OF TIME.
I WISH WE HAD MORE TIME.
THANK YOU FOR JOINING US.
>> MY PLEASURE.
>> WE WILL BE BACK IN A MOMENT
WITH A FINAL WORD.
♪ [THEME MUSIC] ♪
>> THE TRUMP PRESIDENCY IS A
NATIONAL EMERGENCY.
THE PRESIDENT'S POLICIES HAVE
UNDERSTANDABLY ALARMED OUR
CLOSEST ALLIES AND MADE OUR
COUNTRY A LAUGHINGSTOCK IN MUCH
OF THE WORLD.
WHAT IS WORSE IS THE DEVASTATION
TRUMP HAS BROUGHT TO SOME OF OUR
MOST CHERISHED VALUES HERE AT
HOME, THE VERY IDEALS THAT MADE
AMERICA A BEACON TO THE REST OF
THE WORLD.
HE HAS REPEATEDLY DEMONSTRATED
HIS CONTEMPT FOR THE RULE OF
LAW.
HE HAS STOKED TO THE FIRES OF
BIGOTRY AT EVERY OPPORTUNITY.
HE HAS ACCUSED THE PRESS, A
CORNERSTONE OF AMERICAN
DEMOCRACY AND FREEDOM, OF BEING
"THE REAL ENEMY OF THE PEOPLE."
I TAKE THAT PERSONALLY.
I HAVE BEEN A MEMBER OF THE
PRESS FOR NEARLY HALF A CENTURY,
AND I AM A VETERAN OF THE UNITED
STATES ARMY.
I DON'T NEED A DRAFT DODGING
PUTIN PUPPET LECTURING ME ON WHO
THE ENEMY IS.
THERE'S ONLY ONE ANTIDOTE TO THE
CATASTROPHE WE AS A SOCIETY ARE
NOW FACING.
YOU MUST VOTE.
AT EVERY OPPORTUNITY, IN
FEDERAL, STATE, AND LOCAL
ELECTIONS, VOTE.
WHAT IS HAPPENING TO AMERICA
UNDER DONALD TRUMP IS
INTOLERABLE.
HISTORY WILL RECORD IT AS A
PERIOD OF SHEER MADNESS, AND
UTTERLY VILE.
PUT A STOP TO IT.
INSIST THAT YOUR RELATIVES,
FRIENDS, COLLEAGUES, AND CASUAL
ACQUAINTANCES VOTE.
VOLUNTEER FOR VOTER REGISTRATION
DRIVES AND GET OUT THE VOTE
CAMPAIGNS.
THIS IS NOT BUSINESS AS USUAL.
IT IS NOT A SMALL MATTER.
THE FUTURE OF AMERICA AS WE'VE
KNOWN IT IS AT RISK.
VOTE.
THAT'S ALL FOR NOW.
SEE YOU NEXT TIME.
♪ [THEME MUSIC] ♪
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