to prevent a populist backlash in this country to what s happening, you need to be forward-looking. you know when i went to beckley, west virginia, do you know hot most popular teacher there was? a pakistani-american woman with a thick accent but she was teaching computer science to coal miner s kids who were going to get jobs. we have to create economic opportunity. we had half the country vote against the coast. why? because they didn t see that they had economic opportunity in the new economy. why don t we wake up? henry ford woke up when he had in the early 1900s and he said, i m going to double wages. by the way, the other thing is, who is going to buy the instacart groceries? tucker: [laughs] that is such a good point. i wish more people were saying what you just said. i really think what you were saying is true.hi thank you for that. i don t think it s a partisan issue. tucker: it ssnk certainly not a partisan issue! i m sure there are things we don t agree on. i m certain
over half of americans who don t agree with this tax plan, how is that a legislative win? it s a win, i think, in the minds of republicans in that this is their signature issue that they get something passed. even if it s a terrible thing that s passed, even if america hates it. i think they may be getting the calculus wrong, to be clear who? republican party, the republican leadership, in that this legislation is the most unpopular piece of major legislation in decades. it is more unpopular, even, than tax increases passed by bill clinton and george h.w. bush. the american public hates this bill. they do face the prospect of a major populist backlash going forward next year, assuming people are able to organize and actually get out and vote. but it could come back to bite them in the rear, is my point. when do you see the ripple effects of all this? when will people actually be able to see this with regards to their pocketbooks? well, in the near term, actually, it w
into these small enclaves of concentrated wealth surrounded by these much broader spans of concentrated disadvantage, which trap people. no way out. so that step ladder of going from one socioeconomic place to the next is sort of disappearing. tell us why it s a bad thing that our cities become these concentrated pockets. well, there s two reasons and there s a backlash. on the one hand you have a backlash called populism, and this rise of a populist backlash because some cities are doing well and other cities are falling behind. on the other hand, you have a backlash from the left and people are saying but we don t want to build up the city anymore. we want to keep it the way it was. the not in my backyard movement. so our cities can t create the density, the clustering, the clustering of talent and diversity that propels innovation and productivity and leads to higher standard of living for everyone across the country. as you look to a city like new york, do you mean that our a
administration gave? it s populist backlash by bernie sanders against the party. do you know what the margins was for hillary clinton in nantucket? 64-29. the affluent in the country i m not against rich people i m merely saying the democratic party represents them in a way it never has. it s not one or two or three or four but five executives that are posts and they re writing economic policy. goldman sachs executives. if you want to talk about the party that is pro wall street look at the cabinet for donald trump. tucker: he s hired a lot of goldman people. i agree with that. in the run up private equity funds and hedge funds put in a
raise tough questions about the eu and the fact that they re border policy is insanity. it s in part suicidal. you let someone slip in one country and basically can go wherever they want. you heard what ambassador said. he said the far right wasn t really a political force. it strted to be more of a debate over the vetting procedures. you look at what s happening in france or germ in so many of these countries. it s really a populist backlash against imgrags graduation. it s mump more i feel immigration based in europe than maybe even here in the u.s.