The Glenn Beck Program - Best of the Program ｜ Guests： Peter St Onge & Tina Descovich ｜ 11⧸12⧸24

00:00:00.000 Hey, Richard. Great to speak to you.

00:00:10.000 That moment right there, that's what it feels like to step into a bureau booth.

00:00:15.000 Our soundproof office pods bring deep focus to even the loudest offices.

00:00:20.000 In the bureau booth, no construction, no distractions, just clarity.

00:00:25.000 Search bureau office booths or visit withbureau.com.

00:00:30.000 On today's best of the podcast, we just had a sexy, sexy hour.

00:00:35.000 I mean, talking about tax rates and tariffs.

00:00:39.000 Oh, yeah. We talked tariffs with a Frenchman. 1.00

00:00:42.000 And you know how sexy that can get.

00:00:45.000 It's actually a fascinating hour learned a lot.

00:00:49.000 And actually, well, Stu and I disagree on on how optimistic we should be on this.

00:00:57.000 Surprisingly, I'm the optimistic one.

00:01:00.000 So don't miss a second of it.

00:01:02.000 It's the best of podcast.

00:01:04.000 I don't want to get out over my skis or anything, but I think it's safe to at least hope that the housing market is going to continue to improve now that the big mean orange bigot is going to be back in office.

00:01:16.000 I mean, you might be a little more likely to be thinking about moving over the next four years.

00:01:22.000 And for that, you're going to need a real estate agent.

00:01:25.000 And I'm not talking about Sam Amateur who does it on the weekends.

00:01:28.000 I mean, a serious person, an adult in the room, if you will.

00:01:31.000 My company, Real Estate Agents I Trust, can pair you up with such an agent.

00:01:35.000 None of these agents work for us.

00:01:37.000 We just seriously, seriously vet them on best practices and everything else.

00:01:43.000 We watch and monitor every sale and transaction that they make to make sure that everybody is happy at the end because we want you to have a serious, smart, hardworking and honest real estate agent.

00:01:55.000 Well, now you can.

00:01:56.000 You just tell us where you're moving to and from, whether it's across the street or across the country, and we'll help you find the real, the right real estate agent.

00:02:04.000 It's realestateagentsitrust.com, realestateagentsitrust.com.

00:02:19.000 You're listening to the best of the Glenn Beck program.

00:02:23.000 Well, let's say hello to Stupor here.

00:02:26.000 Hello, Stupor.

00:02:27.000 Very well, Glenn.

00:02:28.000 Exciting things happening.

00:02:29.000 Exciting things, right?

00:02:31.000 Yeah.

00:02:32.000 I mean, shutting down the Department of Education.

00:02:34.000 No, you don't believe that.

00:02:35.000 Well, I mean, I don't, I'm skeptical whether it will actually occur.

00:02:40.000 I am excited about the prospect of a president who actually wants it to happen.

00:02:45.000 I feel like it's been, we haven't heard that really since Reagan.

00:02:48.000 So I'm excited about that.

00:02:49.000 But of course, Reagan famously did not actually achieve this goal.

00:02:53.000 Of course.

00:02:54.000 Reagan also said that he was going to make Jerusalem the capital of Israel.

00:03:04.000 Exactly.

00:03:05.000 And he didn't do that.

00:03:06.000 One of the central parts of education policy for Republicans for as long as I've been aware of politics have been the idea of, you know, school choice.

00:03:17.000 And nothing ever happened until the past couple of years.

00:03:21.000 Right.

00:03:22.000 Like now we've come further on school choice than at any other point in my lifetime.

00:03:27.000 Yep.

00:03:28.000 I'm really excited about that.

00:03:29.000 I think his, his appointments around this area will be really interesting.

00:03:33.000 So here's what he has said.

00:03:34.000 First, let's start with his plan to overhaul leftist colleges.

00:03:38.000 Cut five.

00:03:39.000 Tuition costs at colleges and universities have been exploding.

00:03:44.000 And I mean, absolutely exploding.

00:03:47.000 While academics have been obsessed with indoctrinating America's youth.

00:03:52.000 The time has come to reclaim our once great educational institutions from the radical left.

00:03:58.000 And we will do that.

00:03:59.000 Our secret weapon will be the college accreditation system.

00:04:04.000 Mm hmm.

00:04:05.000 It's called accreditation for a reason.

00:04:07.000 The accreditors are supposed to ensure that schools are not ripping off students and taxpayers, but they have failed totally. 0.97

00:04:15.000 When I return to the White House, I will fire the radical left accreditors that have allowed our colleges to become dominated by Marxist maniacs and lunatics.

00:04:26.000 We will then accept applications for new accreditors who will impose real standards on colleges once again and once and for all.

00:04:36.000 These standards will include defending the American tradition and Western civilization, protecting free speech, eliminating wasteful administrative positions that drive up costs incredibly.

00:04:48.000 Removing all Marxist diversity, equity and inclusion bureaucrats, offering options for accelerated and low cost degrees, providing meaningful job placement and career services and implementing college entrance and exit exams to prove that students are actually learning and getting their money's worth.

00:05:10.000 Furthermore, I will direct the Department of Justice to pursue federal civil rights cases against schools that continue to engage in racial discrimination and schools that persist in explicit, unlawful discrimination under the guise of equity.

00:05:26.000 Will not only have their endowments tax, but through budget reconciliation, I will advance a measure to have them find up to the entire amount of their endowment.

00:05:38.000 Oh, my.

00:05:39.000 A portion of the seized funds will then be used as restitution for victims of these illegal and unjust policies, policies that hurt our country so badly.

00:05:49.000 Colleges have gotten hundreds of billions of dollars from hardworking taxpayers, and now we are going to get this anti-American insanity out of our institutions once and for all.

00:06:02.000 We are going to have real education in America.

00:06:06.000 Oh, yeah. 0.74

00:06:09.000 Again, we need some porn music for this stuff. 0.92

00:06:12.000 I mean, this is just, oh, say it again, Donald. 0.52

00:06:16.000 That is a very, very clear, I think.

00:06:20.000 Yes.

00:06:21.000 The clearest I have, I've heard him and the most passionate that I have heard him.

00:06:28.000 These are not campaign promises.

00:06:30.000 He doesn't need to make these promises anymore.

00:06:33.000 These are, here's what we're doing right now.

00:06:37.000 Included in that, that whole rant is this.

00:06:43.000 Cut four, please.

00:06:44.000 And one other thing I'll be doing very early in the administration is closing up the Department of Education in Washington, D.C. and sending all education and education work and needs back to the states.

00:06:58.000 We want them to run the education of our children because they'll do a much better job of it.

00:07:04.000 You can't do worse.

00:07:05.000 We spend more money per pupil by three times than any other nation.

00:07:11.000 And yet we're absolutely at the bottom.

00:07:15.000 We're one of the worst.

00:07:16.000 So you can't do worse.

00:07:18.000 We're going to end education coming out of Washington, D.C.

00:07:22.000 We're going to close it up.

00:07:24.000 All those buildings all over the place.

00:07:26.000 And you have people that in many cases hate our children.

00:07:29.000 We're going to send it all back to the states.

00:07:34.000 Again.

00:07:35.000 Oh, yeah.

00:07:37.000 Love that.

00:07:38.000 I think that is really exciting.

00:07:42.000 Now, do you think he won't do it or do you think he won't be able to do it?

00:07:51.000 I mean, I hope that it would happen.

00:07:53.000 But I mean, if you're focusing on the natural levels of pessimism that I have when it comes to anything going on in Washington.

00:08:02.000 You are a little black rain cloud.

00:08:04.000 Well, I mean, look, I'm trying to be realistic here.

00:08:07.000 You know, I mean, but I think that there is I think it's interesting because Trump, when he puts his when he puts his mind to it, he can accomplish anything.

00:08:17.000 And but there are certain things that he says that are things I think he likes and wants, but aren't central focuses of his life.

00:08:25.000 For example, we know the border is right.

00:08:27.000 He's got like that.

00:08:28.000 There's no question he's going to do stuff on the border.

00:08:31.000 Another example I would use would be term limits.

00:08:34.000 He talked often in speeches about term limits in 2016 and 2017.

00:08:39.000 I think you to wait, wait, wait.

00:08:41.000 Hang on just a second.

00:08:42.000 I think to compare Donald Trump's 2016 version, you're looking at a new two point, maybe two point nine version of Donald Trump.

00:08:54.000 Almost a three.

00:08:55.000 Oh, he's not the same guy.

00:08:58.000 It's true.

00:08:59.000 I'm not.

00:09:00.000 It's not even a criticism of him.

00:09:01.000 No, I know.

00:09:02.000 It's just like when you have you can only focus on so many things.

00:09:06.000 You can only get so many things done.

00:09:09.000 Typically, maybe he's going to come up with a whole new way to do it.

00:09:12.000 Maybe he's putting all these people in, you know, that are going to be able to kind of shepherd these things so he doesn't have to focus on them all the time.

00:09:18.000 Now, that is your bully pulpit.

00:09:20.000 But you really can only push for one or two things at a time.

00:09:25.000 I don't know.

00:09:26.000 I find these videos that he's putting out to be almost like a fireside chat.

00:09:31.000 Mm hmm.

00:09:32.000 And he's putting them out for a reason.

00:09:33.000 Have you ever seen a president do this as president elect?

00:09:36.000 No, I like it.

00:09:37.000 I love this.

00:09:38.000 I like it.

00:09:39.000 I love this.

00:09:40.000 And he's putting these out one after another after another because he is preparing the Washington swamp and America.

00:09:51.000 These are massive changes coming our way and we're going to need your support.

00:09:56.000 And he has told me, I've got to do all of this in 100 days, Glenn.

00:10:01.000 I've got 100 days to do it.

00:10:03.000 He's right on that.

00:10:04.000 Yeah.

00:10:05.000 That's the way he should be thinking.

00:10:06.000 Yeah.

00:10:07.000 But it's a lot to do.

00:10:08.000 It is.

00:10:09.000 But but do you remember that first bill that Barack Obama put in that we looked at?

00:10:14.000 It was one of the first health care bills or the it was TARP.

00:10:18.000 And then there was there was something else.

00:10:21.000 And remember, we stimulus plan was a stimulus plan.

00:10:24.000 Yeah.

00:10:25.000 And it was like 2000 pages.

00:10:27.000 And we went through it paper.

00:10:29.000 I printed it and said, somebody, I didn't know how long it was.

00:10:32.000 Would you print this up?

00:10:33.000 Let me read this.

00:10:34.000 And it's it was sitting on our kitchen table in our studios in in New York City.

00:10:40.000 Remember?

00:10:41.000 And I and I looked at that and I went, this is not about stimulus.

00:10:45.000 This is about fundamental transformation.

00:10:48.000 OK.

00:10:49.000 And they just loaded that bill with everything.

00:10:52.000 The reason why I bring that up is because that showed to me that they did something we never did.

00:10:58.000 And that is plot the entire course.

00:11:03.000 They knew exactly what they wanted to do.

00:11:06.000 OK.

00:11:07.000 And they never told us Donald Trump is the first one that I'm seeing doing this.

00:11:12.000 He didn't even do this in 16.

00:11:14.000 He made promises in 16 and he believes in keeping promises, but he didn't get everything done.

00:11:20.000 He has the Congress and the Senate right now.

00:11:24.000 He can make the right appointments right now.

00:11:28.000 If he fails to make the right appointments.

00:11:32.000 That's going to be a problem.

00:11:34.000 Because if he has any internal fighting, they are going to unleash on him.

00:11:41.000 Yeah, I think that's true.

00:11:44.000 And if he has anybody on his own side fighting against him, which he did have last time.

00:11:50.000 Definitely did. Yes.

00:11:51.000 He's got there is a mandate here and the Republican should be reminded of that.

00:11:57.000 And he should not put anybody in any position that doesn't understand MAGA.

00:12:03.000 This is where we're going.

00:12:05.000 This truly is fundamental transformation.

00:12:08.000 This is a reset back to the Constitution in as many ways that I have ever seen.

00:12:15.000 This is as impactful as what FDR did in the opposite direction in 12 years.

00:12:24.000 Hmm.

00:12:25.000 It's interesting because part and let me I'm playing devil's advocate here because I'm I have a level of hope here for what might happen.

00:12:34.000 But I want you to know, though, I don't hope I believe I know.

00:12:40.000 I believe I know in talking to him.

00:12:43.000 He's not the same guy.

00:12:46.000 I'm not.

00:12:47.000 That's not what I'm saying.

00:12:48.000 I'm saying it's hard.

00:12:49.000 Oh, I know this is a difficult thing to do.

00:12:52.000 Getting rid of the Department of Education like Ronald Reagan really believed that.

00:12:56.000 I know that he really did.

00:12:58.000 That was not a fake thing.

00:12:59.000 He talked about it for decades.

00:13:01.000 I know leading up to his presidency.

00:13:03.000 It wasn't even one term off and he's planning like maybe Donald Trump has done here.

00:13:08.000 It was.

00:13:09.000 I mean, this is what this man was known for for multiple decades.

00:13:12.000 And still, it was hard to do.

00:13:13.000 Not Department of Education.

00:13:14.000 That was central to his talks in like 1960s, the 60s.

00:13:18.000 No, no, no, it wasn't.

00:13:19.000 The Department of Education was started by Jimmy Carter.

00:13:22.000 Right.

00:13:23.000 I'm saying bad.

00:13:24.000 Yes.

00:13:25.000 Yes.

00:13:26.000 The consistent policies on education.

00:13:27.000 You're right.

00:13:28.000 Yes.

00:13:29.000 Yes.

00:13:30.000 But regardless of that, I have hope and optimism for what he can do.

00:13:36.000 But like when you're talking about this is somebody who's, you know, who's going to do whatever MAGA thing he was.

00:13:42.000 I mean, his appointments so far have been pretty normal.

00:13:45.000 It makes me nervous.

00:13:46.000 It makes me nervous.

00:13:47.000 Pretty like Marco Rubio as Secretary of State is like, I mean.

00:13:51.000 I wanted Richard Grinnell.

00:13:53.000 Any Republican president in that field could have listed Marco Rubio as Secretary of State.

00:14:01.000 It's like, I don't even think, I'm not saying it's a bad pick, but like, it is not particularly consistent with like what I hear from the audience at times about like how against Ukraine funding they are.

00:14:12.000 How against Ukraine and the WEF and the United Nations.

00:14:20.000 Yeah.

00:14:21.000 I mean, I mean, I want somebody in the U.N. that wants to shut it down.

00:14:25.000 I mean, and Elise Stefanik is a normie Republican pick. 1.00

00:14:29.000 Yes.

00:14:30.000 And I don't think that's bad.

00:14:31.000 She's solid.

00:14:32.000 She's solid.

00:14:33.000 I thought she was really, really good on a lot of things.

00:14:35.000 Yeah, me too.

00:14:36.000 I'm not even against either of these picks.

00:14:37.000 No.

00:14:38.000 But like.

00:14:39.000 Marco Rubio, I'm borderline on.

00:14:41.000 That's a disappointing pick.

00:14:42.000 And we've had Rubio on the show.

00:14:43.000 We like Marco.

00:14:44.000 I like Marco Rubio, but I don't want him as a Secretary of State under Donald Trump, where we're

00:14:49.000 doing funny.

00:14:50.000 It's interesting.

00:14:51.000 I want Richard Grinnell.

00:14:53.000 Yeah.

00:14:54.000 I want the guy who will walk in and say, hey, by the way, just got off the phone with

00:14:58.000 the president.

00:14:59.000 We're going to make a deal here.

00:15:00.000 Or I'm going back to tell him we don't have a deal.

00:15:03.000 And instead of sending a signed deal to him, we're going to be sending aircraft your

00:15:09.000 way.

00:15:10.000 You know what I mean?

00:15:11.000 I want somebody who's going to walk into the EU and say, you are either paying your

00:15:16.000 way.

00:15:17.000 He said, he means you're either paying your way or we're done.

00:15:22.000 I want that guy.

00:15:24.000 And I'm not sure Marco Rubio is that guy.

00:15:27.000 He could be.

00:15:28.000 Yeah.

00:15:29.000 Maybe he could surprise us.

00:15:30.000 And he's yeah, he's obviously I mean, he was under serious consideration for vice president.

00:15:34.000 Right.

00:15:35.000 At least by all the reporting.

00:15:36.000 But it's just it's interesting.

00:15:37.000 And I think like part of the things with Trump is this is, I think, consistent with him.

00:15:42.000 And again, I'm not this is not I'm not being critical here.

00:15:45.000 I'm just trying to state what I think is actually true.

00:15:47.000 Yeah.

00:15:48.000 Which is a lot of what Donald Trump says is a negotiation.

00:15:52.000 And we all know that going back to the art of the deal.

00:15:54.000 Right.

00:15:55.000 Like, you know that.

00:15:56.000 And when he says Kim Jong-un is my best friend, he doesn't mean it.

00:16:00.000 Right.

00:16:01.000 Right.

00:16:02.000 He doesn't also mean the next day when he says we're sending wet.

00:16:05.000 We're going to go nuke, you know, North Korea tomorrow. 0.99

00:16:07.000 He doesn't mean either of those things.

00:16:09.000 They're both.

00:16:10.000 OK, I want to go through this.

00:16:11.000 Different pieces.

00:16:12.000 I think this is fascinating.

00:16:13.000 I want to go through the things that he has said.

00:16:15.000 And I want you to point out what you think is a negotiation.

00:16:19.000 I don't always know.

00:16:20.000 Yeah, I know.

00:16:21.000 But I can guess to me.

00:16:22.000 You can guess.

00:16:23.000 We know that those two positions can't be true, though.

00:16:25.000 Like and this is a 2016 20 or 20 first term reference here.

00:16:30.000 But like saying you're going to, you know, we're going to, you know, blast North Korea. 0.87

00:16:37.000 Like, you know, you've never seen.

00:16:38.000 Yeah, yeah, yeah.

00:16:39.000 Like we're great friends.

00:16:40.000 I love the guy.

00:16:41.000 Right.

00:16:42.000 Like those are I know that those are those are two obviously.

00:16:44.000 But I think there's a difference the way he deals with dictators.

00:16:48.000 That's true.

00:16:49.000 He knows because he's a private businessman who has bullied his way in very good negotiating

00:16:58.000 ways.

00:16:59.000 He has he's used that as a businessman.

00:17:03.000 He knows who these people are.

00:17:05.000 OK, and so he knows these are the things I would hate in business.

00:17:10.000 And I've done them to people who think they're all that.

00:17:14.000 And I always win.

00:17:16.000 I think that's different than what he's doing on, for instance, the Department of Ed.

00:17:22.000 But like, I think it's consistent with what you would do with Marco Rubio or at least Stefanik.

00:17:27.000 You're picking people who are maybe more hawkish than you to send a message of being hawkish while

00:17:34.000 at the same time maybe trying to implement a more, say, J.D. Vance ish type forward policy.

00:17:39.000 I don't think maybe maybe maybe it could be.

00:17:43.000 I don't want to.

00:17:44.000 I'm going to give this man the benefit of the doubt because in 16 I didn't.

00:17:48.000 And I was shocked by what he got done.

00:17:51.000 Yeah.

00:17:52.000 And what he meant.

00:17:53.000 And now I really think that he means every word he says on these policies.

00:17:58.000 These are scripted.

00:17:59.000 These are not campaign promises.

00:18:01.000 This is here's what we're going to do.

00:18:04.000 So I take them literally, not just seriously, but literally.

00:18:10.000 But I could be wrong.

00:18:12.000 But the only my only thing on some of his appointments is.

00:18:19.000 What does he know that I don't know about Marco Rubio?

00:18:22.000 What does he know that I don't know?

00:18:25.000 Silver is on the rise just since January of 2024, which is when I started talking to you about Lear Capital.

00:18:31.000 The price of silver has risen thirty nine percent.

00:18:35.000 This is an unprecedented rise.

00:18:37.000 Supply is dropping.

00:18:38.000 Demand is soaring right now.

00:18:40.000 Experts think that it is going to get a whole lot higher in the short term.

00:18:44.000 They think that it could go somewhere between up between 60 and 100 percent.

00:18:50.000 Kind of like, you know, you should buy Bitcoin, Glenn, when it was 30 cents.

00:18:56.000 Yeah, thanks a lot, please.

00:19:00.000 There's a ton of industrial demand.

00:19:02.000 Solar energy, electric cars, new battery technology.

00:19:05.000 All of these require huge amounts of silver.

00:19:07.000 And just in case you haven't been paying attention, it isn't just here at home.

00:19:11.000 China is buying massive amounts of it as well.

00:19:14.000 You need to be building a hedge against insanity of a falling U.S. dollar.

00:19:19.000 Unless we turn this unless we turn this economy and start building things here, we are not going to be able to make the the the payment on the debt soon.

00:19:31.000 Lear Capital, eight hundred nine five seven gold, eight hundred nine five seven gold.

00:19:36.000 They're the only gun gold company with a twenty four hour risk free purchase guarantee.

00:19:41.000 Ask them how you can get up to fifteen thousand dollars in bonus gold or silver with qualifying purchase.

00:19:46.000 It's Lear Capital, eight hundred nine five seven gold.

00:19:50.000 Now back to the podcast.

00:19:52.000 This is the best of the Glenn Beck program.

00:19:54.000 And we really want to thank you for listening.

00:19:56.000 Hello, America.

00:19:58.000 Welcome to the Glenn Beck program.

00:19:59.000 Oh, it's about to get hot and steamy in here.

00:20:02.000 No, seriously, hot and steamy.

00:20:04.000 We have we have sexy, sexy tariff talk coming up.

00:20:09.000 Yeah.

00:20:10.000 Let me say it again.

00:20:12.000 Tariffs.

00:20:13.000 Oh, yeah.

00:20:16.000 It was actually the original name for the show.

00:20:19.000 Working title was Tariff Talk.

00:20:20.000 But we thought it was too sexy.

00:20:22.000 Yeah, too much.

00:20:23.000 We thought too many people would tune in and go on the nose.

00:20:25.000 I got to hear tariff talk.

00:20:27.000 Oh, yeah.

00:20:28.000 Oh, yeah.

00:20:29.000 Hmm.

00:20:30.000 Now we we got a guy.

00:20:33.000 I think he's I think I think his last name says everything.

00:20:39.000 Peter say no, yeah, which I believe is French.

00:20:45.000 Sexy, sexy tax tariff talk from the Heritage Foundation of Visiting Fellow.

00:20:54.000 We have Peter St.

00:20:56.000 How are you, Peter?

00:20:58.000 I am great.

00:20:59.000 I appreciate that introduction.

00:21:00.000 Yeah, it is that sexy.

00:21:02.000 Yeah.

00:21:03.000 Oh, I know.

00:21:04.000 Everybody says it.

00:21:05.000 Everybody says it.

00:21:06.000 So without getting it too steamy in here, let's go over the the tariffs because I've always been against tariffs.

00:21:13.000 However, I might be wrong.

00:21:16.000 The Donald Trump is making a good case when he's talking about getting rid of the income tax because tariff tariffs will raise the prices of things, especially if he does it the way he's talking about doing it.

00:21:31.000 But if he is getting rid of or lowering the income tax to, you know, 10 percent, it's such a boon for the economy that we could make up that deficit and become a very powerful nation again.

00:21:47.000 Tell me I'm wrong.

00:21:49.000 That's absolutely correct.

00:21:51.000 Yeah, you're absolutely right.

00:21:52.000 And economists, you know, the vast majority of economists go after tariffs.

00:21:56.000 They attack Trump over tariffs.

00:21:58.000 And I think they are looking at the trees for the forest here, because if you replace a tariff, which is basically a sales tax, but it's one that focuses on imported goods.

00:22:11.000 If you replace that with either reducing or, you know, in our dream scenario, abolishing the entire income taxes, absolutely rocket fuel for the economy.

00:22:21.000 Hold on.

00:22:22.000 Just because he just said abolish the income tax.

00:22:25.000 We I mean, pay attention, Sarah.

00:22:27.000 This is he just said abolish income tax.

00:22:31.000 Oh, yeah.

00:22:35.000 All right.

00:22:36.000 Go ahead.

00:22:37.000 All right.

00:22:38.000 Go ahead.

00:22:39.000 You can queue up the right.

00:22:40.000 The background music.

00:22:41.000 So, yeah.

00:22:42.000 And he actually floated abolishing it with Joe Rogan a couple of weeks ago.

00:22:46.000 You know, he had been going after he said no tax on tips and then no tax on overtime, no tax on first responders.

00:22:52.000 There's no tax on Social Security.

00:22:53.000 And it was kind of like he was really flirting with just breaking up with the income tax altogether.

00:22:59.000 And when he was on there with Rogan, that's exactly what he did.

00:23:01.000 He said, you know, we maybe we should go back to the eighteen hundreds when, you know, that was before we had an income tax.

00:23:08.000 It's also before we had a Fed.

00:23:10.000 And back then, the federal government had to live off tariffs.

00:23:13.000 And that was the greatest period, not only of economic growth, but of cultural achievement.

00:23:19.000 It is astounding what we and everything Elon Musk does was invented in the 1880s.

00:23:27.000 Computers, magnetism, rockets.

00:23:30.000 What's his hyperloop?

00:23:31.000 Every single thing came out of there.

00:23:34.000 It was really the golden age of humanity.

00:23:36.000 And the key there was that we did not have an income tax.

00:23:39.000 We did not have a regulatory state.

00:23:41.000 We did not have a Fed.

00:23:42.000 So if Trump can take us back there and all we have to do is like an eight percent sales tax on Chinese stocks, that is the deal of the century. 0.56

00:23:51.000 OK, so let's go over the who pays the tariffs, American companies or the foreign country.

00:23:57.000 Interestingly, during Trump's first term, he put tariffs on China and China actually paid about 80 percent of those.

00:24:07.000 So it would issue subsidies to Chinese exporters so they could maintain market share and keep their prices low.

00:24:15.000 So the Chinese government paid the tariffs.

00:24:19.000 So if he does it again, he's talking about hitting China with something like 60 percent tariffs and then between a 10 and 20 percent tariff for everybody else.

00:24:28.000 Now, given Trump's style, he is not going to come in and do that across the board.

00:24:33.000 He's going to come in and use that as a club.

00:24:36.000 Right. So the Europeans specifically, they act like a fortress. 0.55

00:24:40.000 They are brutal to outsiders.

00:24:43.000 If you want to export the Europe, they will they put you over a barrel barrel. 0.92

00:24:47.000 You remember a couple of years ago with Brexit.

00:24:50.000 The first thing the European Union did was sat them down and said, nice economy.

00:24:54.000 You got here. Be ashamed of something happened to it.

00:24:56.000 We're going to need a payment from you every single year.

00:24:59.000 It's it is literally the mafia.

00:25:01.000 They do that to Norway, Switzerland.

00:25:03.000 All these countries have to fork over billions of dollars to get access to the European market.

00:25:08.000 Now, imagine if we did that.

00:25:09.000 Imagine if we call up Mexico or Canada, we say, hey, listen, we got this beautiful economy.

00:25:14.000 You guys are selling into it here.

00:25:16.000 Once you write me a check for 50 billion to keep access.

00:25:19.000 To keep access. That's exactly what the Europeans do. 0.97

00:25:21.000 So the first thing Trump's probably going to do, given what he did last time, is he'll call up Europe and he will do the exact same thing.

00:25:28.000 He'll say, you know, I got a 20 percent tariff burning a hole in my pocket.

00:25:32.000 I need you to do something for some some things for me.

00:25:35.000 But anyway, even if he does end up applying those to all foreigners, the Europeans are not going to cover the exporters because they're in a deep fiscal hole.

00:25:45.000 They don't have the money. They're already bankrupt.

00:25:47.000 They're not going to do what China did.

00:25:49.000 But a lot of those tariffs, especially the ones for China, are probably going to keep getting paid by China because exports to America are what they live on.

00:25:57.000 If they lose that, the game's over.

00:25:59.000 And we should not be empowering them, quite honestly.

00:26:03.000 Now, here's why here's why I have possibly turned around.

00:26:08.000 I'm willing to listen to tariff talk because in my in my cute little head, I keep thinking that all of the with when you have an extra 20 or $30,000 that you're pulling in every year,

00:26:26.000 whatever it is you were paying in income tax and and everything, everything goes down that's made here in America.

00:26:34.000 If you're not paying that income tax, you have a lot of extra buying power, which means most Americans will spend that and we'll grow our economy, which will put more taxes.

00:26:46.000 Well, we don't have tax, so that wouldn't work.

00:26:49.000 How does that how does it work when you don't have taxes?

00:26:53.000 Go ahead.

00:26:54.000 Yeah.

00:26:55.000 So just kind of running through the numbers.

00:26:57.000 So the first thing that happens is if you get rid of the income tax altogether.

00:27:01.000 So I estimate you get about a 20 percent jump in incomes in the US.

00:27:07.000 So that would be something like fifteen thousand dollars for typical family.

00:27:11.000 That's what you get off the bat.

00:27:13.000 The typical family currently in America pays about eighteen thousand in income tax.

00:27:17.000 So you save that and then you knock off about three thousand for the tariffs.

00:27:22.000 There's a variety of estimates on that, but that seems to be the cluster.

00:27:25.000 So you get a fifteen thousand raise because the economy is growing faster.

00:27:29.000 You get an eighteen thousand raise because you don't have to, you know, send your income tax to the government.

00:27:35.000 People don't realize how much they're paying to the government.

00:27:37.000 Right. A lot of it is.

00:27:38.000 But anyway, you know, you've got the guy where they call it withholding.

00:27:43.000 Yeah.

00:27:44.000 So that's thirty three.

00:27:45.000 And that's all three for the tariffs.

00:27:46.000 You look at a thirty thousand dollar raise per year.

00:27:49.000 Twenty thousand a month.

00:27:50.000 Now, currently, the median American take home is about fifty eight thousand.

00:27:55.000 Now, listen, OK, which is about seventy six minus the income tax.

00:27:58.000 So you go from taking home fifty eight to taking home eighty eight.

00:28:03.000 Right.

00:28:04.000 That is a massive difference.

00:28:05.000 So that sort of sets the stage.

00:28:07.000 But the next one happens exactly what you just made.

00:28:10.000 Hold. 0.96

00:28:11.000 Hold on.

00:28:12.000 You go from fifty eight to eighty eight.

00:28:16.000 Oh, yeah.

00:28:19.000 Ding dong.

00:28:21.000 Pizza delivery man.

00:28:23.000 Anyway, why is that the part you like so much in his movies?

00:28:26.000 It's interesting what he's excited about.

00:28:28.000 I don't know.

00:28:29.000 OK.

00:28:30.000 All right.

00:28:31.000 Go ahead.

00:28:33.000 All right.

00:28:34.000 So I love it.

00:28:35.000 And it's true. 0.56

00:28:36.000 I mean, you know, if you make an 88, you can go to Vegas and things happen in Vegas.

00:28:40.000 Yeah.

00:28:41.000 Right.

00:28:42.000 Right.

00:28:43.000 Creating jobs.

00:28:44.000 Correct.

00:28:46.000 Yeah.

00:28:47.000 Well, and so that's the fun part, right, is you mentioned earlier that if you're not paying

00:28:51.000 income tax, then production in the U.S. is cheaper.

00:28:54.000 So instead of the Chinese stocks coming in, you know, they used to come in for whatever,

00:28:58.000 six dollars.

00:29:00.000 Now they're coming in at nine dollars.

00:29:02.000 Fine.

00:29:03.000 But China's paying for that. 0.97

00:29:04.000 So they're probably still coming in at six.

00:29:06.000 But meanwhile, American factories can make stocks for less because they are not paying

00:29:11.000 the income tax.

00:29:12.000 There's a very good chance that we're going to steal a lot of that manufacturing, even

00:29:16.000 if the Chinese government pays for the tariffs.

00:29:19.000 So you can.

00:29:20.000 And that means also because the economy we're building factories, we're doing things ourself

00:29:26.000 because we can your everybody's pay goes up because we need more workers.

00:29:32.000 Right.

00:29:33.000 Exactly.

00:29:34.000 Exactly.

00:29:35.000 And then if you do mass deportations and those jobs will actually go to Americans.

00:29:39.000 So you've got two possibilities.

00:29:40.000 Right.

00:29:41.000 One of them is that China covers the tariffs, in which case it's a free lunch for us.

00:29:46.000 You know, China's what sending us about 500 billion.

00:29:50.000 Well, their share would be, let's say, 300 billion.

00:29:52.000 So that would be fantastic.

00:29:53.000 Thank you very much.

00:29:54.000 Or China does not cover the tariffs, in which case Chinese goods are priced out of the market.

00:29:59.000 American goods pay no income tax, so they're cheaper.

00:30:02.000 By the way, every headquarter on Earth would try to move to the United States.

00:30:06.000 If you're paying no income taxes in the single biggest economy on Earth, everybody is going

00:30:11.000 to be moving here, including the Chinese companies.

00:30:14.000 So, right.

00:30:15.000 The worst case scenario, the Chinese don't cover it. 1.00

00:30:18.000 And then they get out competed and all those jobs come back to America.

00:30:22.000 And if it's only Americans living here, then Americans are going to be swimming in jobs. 0.53

00:30:27.000 I mean, this is just this is big.

00:30:31.000 How how how much?

00:30:32.000 Oh, yeah.

00:30:33.000 I mean, he has only kind of floated this on the Rogan show.

00:30:38.000 How real do you think this is?

00:30:40.000 Because I know he loves tariffs.

00:30:42.000 I know he loves tariffs.

00:30:45.000 He loves tariffs and he hates the income tax.

00:30:48.000 So it's beautiful.

00:30:49.000 It's like a just like the perfect mutant president.

00:30:53.000 Peter, isn't the complication here, though, that he can essentially do what he wants with

00:31:01.000 tariffs, but he can't do what he wants with the income tax.

00:31:04.000 And that becomes the heavy lift here.

00:31:06.000 Right.

00:31:07.000 So he would need Congress to play ball on the income tax.

00:31:12.000 And Congress is very tight, as we're all discussing at the moment.

00:31:15.000 There's a ton of rhinos over there.

00:31:17.000 So that's going to need, you know, the pressure and the passion that people showed during the campaign.

00:31:23.000 Yeah.

00:31:24.000 But millions of Americans showed.

00:31:26.000 Yeah.

00:31:27.000 We're going to put that on the rhinos. 0.99

00:31:28.000 Yeah.

00:31:29.000 I think that if he did, you know, a tour even and it was just all about income tax.

00:31:35.000 You just have to say to people, you go from fifty eight to eighty eight in take home pay.

00:31:42.000 I think a lot of people will be like, you know what?

00:31:46.000 I love that.

00:31:47.000 I agree.

00:31:48.000 But you're not going to get obviously.

00:31:49.000 So in theory, you could put it into a reconciliation bill.

00:31:52.000 Right.

00:31:53.000 You could put at least a massive reduction.

00:31:55.000 Yeah.

00:31:56.000 You couldn't.

00:31:57.000 Not a constitutional amendment.

00:31:58.000 Unfortunately, that's what I would prefer repealing the 16th.

00:32:01.000 But you could capture Americans. 0.68

00:32:04.000 imagination with this.

00:32:06.000 Yeah.

00:32:07.000 I think that's pretty.

00:32:08.000 That would be pretty great.

00:32:10.000 I do think you'd have issues with some of these, as you point out, rhino type Republicans 1.00

00:32:16.000 that who complain would complain about all sorts of things, including deficit stuff.

00:32:22.000 Right.

00:32:23.000 Like they would say, oh, we're going to lose all this income.

00:32:25.000 Peter saying he is.

00:32:27.000 I'm not going to hold it against him for being French. 0.98

00:32:30.000 I mean, somewhere in his past, somebody had sex with a French. 0.96

00:32:33.000 OK, let's let's move past that. 0.72

00:32:36.000 He's with the Heritage Foundation, a visiting fellow.

00:32:38.000 This is definitely the weirdest interview he's ever done.

00:32:41.000 He's regretting every minute of this.

00:32:43.000 He's like, this is the end of my career and my credibility.

00:32:46.000 You're streaming the best of Glenn Beck to hear more of this interview and others.

00:32:50.000 Download the full show podcasts wherever you get podcasts.

00:32:54.000 So we were talking about the average person's take home pay going from fifty eight thousand to eighty eight thousand.

00:33:04.000 Oh, is this?

00:33:06.000 What is this music? 0.93

00:33:08.000 Is this supposed to be like 70s porn music? 0.94

00:33:10.000 I do. 0.84

00:33:11.000 Yeah. 0.77

00:33:12.000 There's no women singing in 70s porn music. 1.00

00:33:15.000 Are you hearing the women? 0.96

00:33:16.000 Oh, there it is.

00:33:17.000 Yeah.

00:33:18.000 What is this?

00:33:19.000 Well, I don't know what we're.

00:33:20.000 I'm not up on my 70s porn music.

00:33:23.000 Oh, yeah.

00:33:24.000 You've never heard.

00:33:25.000 You've never heard a parody of a fact.

00:33:27.000 I have.

00:33:28.000 I thought this was pretty close.

00:33:29.000 But it's not.

00:33:30.000 No, it's what is this?

00:33:31.000 What is she singing about, Sarah?

00:33:32.000 What?

00:33:33.000 She's just singing.

00:33:36.000 All right.

00:33:37.000 Stop.

00:33:38.000 So, uh, Stu, of course, is a little black rain cloud on the fifty eight thousand.

00:33:45.000 The average person's take home pay fifty eight thousand to eighty eight thousand.

00:33:51.000 OK, let me just lay this out briefly.

00:33:53.000 All right.

00:33:54.000 Go ahead.

00:33:55.000 I like going from fifty eight thousand to eighty eight thousand dollars.

00:33:59.000 I like that's good.

00:34:00.000 Like I'm very much.

00:34:02.000 I.

00:34:03.000 Wants it.

00:34:04.000 I am.

00:34:05.000 Look at the way he's dressed.

00:34:06.000 I hate.

00:34:07.000 I.

00:34:08.000 Stu does merch dot com has mugs that say repeal the 16th.

00:34:11.000 Yeah, I know.

00:34:12.000 I know.

00:34:13.000 I know.

00:34:14.000 I know.

00:34:15.000 I know.

00:34:16.000 You're for it.

00:34:17.000 I'm for it.

00:34:18.000 I.

00:34:19.000 If.

00:34:20.000 If you can do the three things needed in this plan.

00:34:22.000 One.

00:34:23.000 Eliminate the income tax.

00:34:24.000 I think you could do that.

00:34:25.000 Two.

00:34:26.000 They cut spending by multiple trillions of dollars.

00:34:30.000 I think you might be able to do that.

00:34:31.000 You do those things.

00:34:32.000 You can have any tariff you want.

00:34:34.000 Well, I'm fine.

00:34:35.000 I don't.

00:34:36.000 I don't like tariffs at all.

00:34:37.000 And I would be.

00:34:38.000 I would be completely for eliminating all of them. 0.96

00:34:41.000 Right.

00:34:42.000 However.

00:34:43.000 Yeah.

00:34:44.000 I'm completely fine with whatever.

00:34:45.000 You can put 1 trillion percent tariffs on Chinese whatever goods, whatever you want.

00:34:51.000 Right.

00:34:52.000 I'm fine with it.

00:34:53.000 If you can do those other two things.

00:34:55.000 I'm.

00:34:56.000 Can we be honest about this?

00:34:58.000 Isn't it a bit of a fantasy to get those two things done?

00:35:01.000 I want these things to.

00:35:04.000 Lots of things are fantasies too.

00:35:06.000 Until they come true.

00:35:07.000 I was surprised that.

00:35:08.000 I never thought it would have happened to me.

00:35:11.000 Bye.

00:35:12.000 Oh, mister. 0.98

00:35:13.000 He doesn't know porn. 0.95

00:35:14.000 Knows all the tropes.

00:35:15.000 And so it's interesting how you could just immediately go into the exact porn.

00:35:19.000 Oh, hey.

00:35:20.000 The pizza delivery guy.

00:35:21.000 The thing he brought up over and over again.

00:35:23.000 All right.

00:35:24.000 Stop.

00:35:25.000 All the movies is when the pizza shows up.

00:35:27.000 What a surprise.

00:35:29.000 He stops there.

00:35:30.000 He doesn't even make it to the sex.

00:35:32.000 He stops at the pizza.

00:35:34.000 That's exactly right.

00:35:35.000 Wait, wait, wait, wait.

00:35:37.000 Can you put the camera back on the pizza?

00:35:39.000 What's happening?

00:35:41.000 That looked good.

00:35:42.000 All right.

00:35:43.000 Anyway.

00:35:44.000 But I mean, come on.

00:35:46.000 Do we really.

00:35:47.000 May I say three words to you?

00:35:48.000 What I'm concerned about here.

00:35:49.000 Two words.

00:35:50.000 Two letters.

00:35:51.000 May I just say.

00:35:52.000 Yeah.

00:35:53.000 Roe versus Wade.

00:35:54.000 Wade.

00:35:55.000 I would have said the exact same thing about Roe versus Wade being overturned.

00:35:58.000 Let me give you two other words.

00:36:00.000 That's true.

00:36:01.000 Three words.

00:36:02.000 President Donald Trump.

00:36:04.000 I would have also told you that would not occur.

00:36:06.000 Right.

00:36:07.000 In 2015.

00:36:08.000 I would have said that.

00:36:09.000 So it's.

00:36:10.000 So, look.

00:36:11.000 Miracles happen.

00:36:12.000 Yeah.

00:36:13.000 I agree with that.

00:36:14.000 Yeah, they do.

00:36:15.000 And maybe.

00:36:16.000 But it does to me.

00:36:18.000 Noting my experience of the past 40 plus years of life.

00:36:23.000 It seems highly, highly suspect that those two things will get done.

00:36:28.000 I have the feeling that the world's changed.

00:36:31.000 Mm hmm.

00:36:32.000 Uh huh.

00:36:33.000 And everything that we've known from experience.

00:36:35.000 Maybe you're right.

00:36:36.000 Should go.

00:36:37.000 Bye bye.

00:36:38.000 I like your world better than my world.

00:36:39.000 Yeah.

00:36:40.000 I want to make sure I'm clear on that.

00:36:41.000 Yeah.

00:36:42.000 What I'm concerned about here.

00:36:43.000 Mm hmm.

00:36:44.000 Is that.

00:36:45.000 You need.

00:36:46.000 Like, I would be surprised if they can't get a tax cut done.

00:36:50.000 They'll get something done.

00:36:51.000 Yeah.

00:36:52.000 On taxes.

00:36:53.000 They get a reconciliation bill.

00:36:54.000 They get one shot at that.

00:36:55.000 They have 50 set.

00:36:56.000 They are going to have 53 senators.

00:36:58.000 Do you not think the American people will embrace.

00:37:01.000 Uh, 58,000 to 88,000 in take home pay.

00:37:07.000 I think they'll like that.

00:37:08.000 I think they will love that.

00:37:10.000 What they will not like is hearing about all the programs that will go away.

00:37:14.000 Uh huh.

00:37:15.000 And all the single.

00:37:16.000 And all you'll have to say is $58,000 to $88,000.

00:37:22.000 And yes, I'm sure Susan Collins and Lisa Murkowski and a bunch of other RINO senators will go along with it. 0.51

00:37:29.000 If people stand up the way they've stood up, this is a positive thing to rally about.

00:37:33.000 I agree.

00:37:34.000 You don't think there would be marches all over.

00:37:36.000 You don't think he would just pack people by the buttload into stadiums across and just say, call your congressman, call your senator.

00:37:48.000 That he would be able to rally American people like nobody's, nobody else.

00:37:53.000 I mean, look, you need what?

00:37:55.000 80%.

00:37:56.000 You need, uh, how, how, what is the percentage you'd need to, to cut the federal budget?

00:38:02.000 How do you, what do you mean?

00:38:04.000 Cut the federal budget.

00:38:05.000 For instance, um, um, Calvin Coolidge did this.

00:38:10.000 He cut the federal budget by 50%.

00:38:13.000 Yes.

00:38:14.000 And then he cut the budget again by 50%.

00:38:17.000 Incredible.

00:38:18.000 And he lowered the income tax from like 95 to like 5%.

00:38:22.000 You don't have to sell me on the Calvin Coolidge presidency.

00:38:25.000 I love Calvin Coolidge.

00:38:26.000 What do you, I, I don't, you know, what do you need to, it's not like, yeah.

00:38:32.000 I mean, this is, who is listening to this show?

00:38:35.000 I don't know.

00:38:36.000 You don't have to sell me on Calvin Coolidge.

00:38:38.000 Oh yeah.

00:38:39.000 Talk some more Calvin Coolidge.

00:38:42.000 Is that before or after the pizza shows up?

00:38:45.000 I mean, oh my gosh, what a nerd program this is today.

00:38:49.000 I would love Calvin Coolidge to, to come back to life and, and, and his policies to be passed.

00:38:55.000 But that's all that Donald Trump is saying.

00:38:57.000 Let's do Calvin Coolidge.

00:38:58.000 Yeah.

00:38:59.000 That gave it.

00:39:00.000 It was hard.

00:39:01.000 In 1920.

00:39:02.000 Calvin Coolidge is known as a great president to conservatives because he accomplished something

00:39:06.000 very difficult.

00:39:07.000 You know why he did?

00:39:08.000 And I'm acknowledging that this is difficult.

00:39:09.000 Do you know why he did?

00:39:11.000 Because Woodrow Wilson, the progressive just started gobbling everything up and everybody

00:39:16.000 went, I don't want that.

00:39:18.000 That was the uniqueness of Calvin Coolidge.

00:39:22.000 He was put into a situation where they scared the hell out of every American.

00:39:29.000 And they were like, okay, this isn't going to work.

00:39:31.000 I don't like that.

00:39:32.000 And that's why he put that in, why he was able to put that in.

00:39:36.000 I like, and by the way, just let me just say the roaring twenties.

00:39:41.000 Yes.

00:39:42.000 At the beginning, nobody had a telephone, refrigeration, electricity.

00:39:46.000 By 1930, almost everybody had that.

00:39:49.000 I'll, I'll note we're currently in the twenties.

00:39:52.000 Would be a nice little retro thing to have another roaring twenties.

00:39:56.000 It'd be a great way to kick it off.

00:39:57.000 I am, of course, support these ideas.

00:40:01.000 You know, and I think it's better than previous approaches, right?

00:40:05.000 Where we're previously, it was like, well, what if we only increase the budget by 1% a year?

00:40:10.000 And in 10 years, we would be able to balance the budget like that.

00:40:13.000 Those type of approaches, which are kind of technically maybe accurate.

00:40:17.000 They don't inspire anybody.

00:40:20.000 There's no, there's no excitement behind that.

00:40:23.000 This is what I've been asking for since 2010.

00:40:26.000 Who is stepping up with a moonshot idea?

00:40:30.000 Yeah.

00:40:31.000 Who is stepping up and Donald Trump is, he's stepping up and saying, see that space that

00:40:36.000 everybody says we can't get to.

00:40:38.000 We're going there.

00:40:39.000 I like it.

00:40:40.000 I like it.

00:40:41.000 I want it to happen.

00:40:42.000 I'm a bit skeptical that it can, but Hey, I've been totally skeptical that it will occur.

00:40:48.000 Right.

00:40:49.000 And I'm concerned because look, we know that Donald Trump likes tariffs.

00:40:52.000 I am not a tariff guy.

00:40:53.000 Um, and, but the problem is like, you have two very difficult things to do, which is

00:40:58.000 cut multiple trillions of dollars from a budget, which there's been no appetite.

00:41:02.000 By the way, we should also know here that Donald Trump ran on multiple times, not digging

00:41:09.000 in to massive programs that are the massive major cause of our debt.

00:41:14.000 Things like Medicare, social security, Medicaid.

00:41:17.000 He doesn't want to touch those programs, which is okay.

00:41:19.000 I mean, he won the election on it.

00:41:21.000 I get it.

00:41:22.000 Right.

00:41:23.000 But like, you can't cut 70%, 75% of your budget unless you touch those programs.

00:41:27.000 So wait, what do you say about this?

00:41:30.000 What do you say if Donald Trump proposes anyone making under a hundred thousand dollars a year

00:41:37.000 and we're not going to combine salaries?

00:41:39.000 If you're married, we're not going to, we're not going to punish you with a combined income.

00:41:45.000 Okay.

00:41:46.000 50K a person.

00:41:47.000 50K a person, 58K, you know, is the average salary, 58K, you know, times two.

00:41:53.000 We're only going to count, we're going to count both of you under a hundred thousand.

00:41:57.000 You pay zero income tax.

00:41:59.000 Everybody above them pays a flat tax of 15%.

00:42:05.000 Yeah.

00:42:06.000 Yeah.

00:42:07.000 Thank you, Sarah.

00:42:08.000 All right.

00:42:09.000 Everybody wins in that.

00:42:10.000 Everybody wins.

00:42:11.000 I love it.

00:42:12.000 I love it.

00:42:13.000 First of all, you know what the media is going to do with that claim.

00:42:16.000 Who cares?

00:42:17.000 The media doesn't matter anymore.

00:42:20.000 I think you're, I think there's something to that, but I think there would be a lot of,

00:42:25.000 it would be difficult for a lot of these, let's say purple state, purple district representatives

00:42:31.000 to go along with such things when their programs are being cut.

00:42:34.000 But okay.

00:42:35.000 All right.

00:42:36.000 We go through that process and we do that.

00:42:38.000 You know, I don't see how you cut the trillions of dollars out of the budget without touching

00:42:44.000 the programs that Donald Trump has promised not to touch.

00:42:47.000 So that would be a difficult thing to deal with.

00:42:49.000 Uh, and second, beyond that, he can just do the tariffs.

00:42:53.000 And the problem with the tariffs are, if you go through this fantasy league situation where

00:42:57.000 all of this goes, comes true and all of our wildest dreams are here.

00:43:01.000 And now you're depending on tariffs to fund the government.

00:43:05.000 That's fantastic.

00:43:07.000 Except for the fact that if the tariffs work and we move all of our manufacturing back to

00:43:12.000 America, there's no one paying tariffs anymore.

00:43:15.000 So then you have no income there either.

00:43:17.000 So now you're cutting another 75% off, which again, I'm probably fine with, but I don't know

00:43:22.000 that America is.

00:43:23.000 This is the reason why I want tariffs and I'm for tariffs in the first place.

00:43:27.000 We've got to build our manufacturing base back.

00:43:31.000 So if you just go, let's say you, let's say you say you pay tariffs, you pay nothing here.

00:43:37.000 If you make it here, everybody moves back.

00:43:39.000 You give them a 15% income tax when the tariffs don't work anymore.

00:43:44.000 They're still, they're not going anywhere.

00:43:47.000 Cause nobody's offering a 15% corporate tax.

00:43:52.000 Nobody.

00:43:53.000 So you're then reinstituting the theory.

00:43:57.000 You address that when you get there.

00:44:00.000 And probably the answer to all of this is they're less extreme options that sort of balance

00:44:04.000 each other out.

00:44:05.000 I don't really like that.

00:44:06.000 I don't either.

00:44:07.000 I don't really like that.

00:44:08.000 We're not going to move all of our manufacturing back, like obviously.

00:44:11.000 Yeah.

00:44:12.000 And nor would that even be a good thing, frankly.

00:44:14.000 I mean, like if anything, we've learned that maybe having diversity of where places are,

00:44:19.000 where things are made is probably a good thing, right?

00:44:21.000 Yeah.

00:44:23.000 Because if we get a bad president here that says, hey, I'm going to shut down this industry

00:44:25.000 because I don't like it.

00:44:27.000 We want to make sure we, that stuff is still being made somewhere in the world.

00:44:30.000 Because Donald Trump will not be president forever.

00:44:32.000 Think of that statement.

00:44:33.000 Think of that statement.

00:44:34.000 Yeah.

00:44:35.000 You have to.

00:44:36.000 No one in their right mind 25 years ago, 30 years ago, any time in America would have

00:44:42.000 said, well, except for prohibition, when the progressives were doing it.

00:44:47.000 Yep.

00:44:48.000 Nobody would have ever said, well, they're going to destroy this industry. 0.88

00:44:51.000 They're just going to destroy it.

00:44:52.000 Nobody.

00:44:53.000 You didn't have that fear of the government.

00:44:56.000 You shouldn't have that fear.

00:44:59.000 It's crazy.

00:45:00.000 But I do have that fear.

00:45:01.000 I know.

00:45:02.000 That's why I worry about all this stuff whenever.

00:45:04.000 That's why this stuff has to be passed into law.

00:45:06.000 Yes, not just executive order.

00:45:08.000 Not executive order.

00:45:09.000 Toronto.

00:45:10.000 There's another great city that starts with a T.

00:45:13.000 Tampa, Florida.

00:45:15.000 Fly to Tampa on Porter Airlines to see why it's so T-rific.

00:45:20.000 On your way there, relax with free beer, wine, and snacks.

00:45:23.000 Free, fast streaming Wi-Fi.

00:45:25.000 And no middle seats.

00:45:27.000 You've never flown to Florida like this before.

00:45:29.000 So you'll land in Tampa ready to explore.

00:45:32.000 Visit flyporter.com and actually enjoy economy.

The Glenn Beck Program - November 12, 2024

Best of the Program ｜ Guests： Peter St Onge & Tina Descovich ｜ 11⧸12⧸24

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