that 40%, i don t believe. out of that 40, there s 7 or 8. i think when they don t have that, if he loses that, that argument is not going to work. i think that s true. he can stoke abortion i mean, there are other issues besides racially divisive attacks. but i do think that donnie is right, i think that before the midterms, he said his for lack of a better word, cult following is 25%. it s a durable floor. it can go down if we re not in a recession but a downturn and there s no resolution to the trade thing by next spring, that s very dangerous territory. then he begins to lose not only the known guys as you said, but he s going to lose the farmers. they re not stupid, they know more about trade than donald trump does. at some point they re going to realize their markets are gone for generations, maybe for the rest of their lifetime.
percentage loss of the year and then overnight things happened. china saying let s meet halfway on this trade thing. walmart coming out with some good numbers, good earnings numbers, and it turned around and we had a positive start to the day if the now we re at that break even mark right now. so there s a lot going on. i would say it s three buckets, craig. the first bucket is we re ten years plus into an expansion. that s the time between recessions. so there are a lot of people saying the economy s going to slow down, it s slowing down around the world already and that s coming. the second bucket is this trade war with china that a lot of people, a lot of experts are saying the president had a point in starting but it hasn t been executed all that well and it s becoming a lose/lose situation because china suffering, american suffering, american consumers are suffering, american farmers are suffering and there s no discernible change or benefit from it. and then finally because peopl
wage growth. i m not going to go trump deranged and say stuff that s not true. he had 5.4% increase in wages on the bottom 10% of society. the african-american numbers are better. the bottom 10%. there s a mixed bag. he s spending a lot of money. heavy deficit spending. the trade thing and the tariffs. i don t like them. i could explain them. i don t have time. ? yeah. he s very mixed bag. that s why he s so nervous. he knows a dam will break. i d have you on longer. i have a lot of show. i appreciate whenever someone gets to it and tells the truth. not that you weren t. i was before. there s no reason for me never to tell the truth. whenever you come to that realization i think people just remember for the american people loyalty is symmetrical. it s not asymmetric. and when people drop you like you re a piece of kleenex tissue, forget about me, i could care less, but he does it to everybody, you ve got to be
enjoyed it. in fairness to the president he was advocating for blue collar people. and there s been a vacuum of establishment politicians for those people. and i alaud him. has he delivered? it s mixed. the lower income people have experienced positive wage growth. i m not going to go trump deranged and say stuff that s not true. he had 5% increase wages on the bottom 10%. there s a mixed bag. he s spending a lot of money. the trade thing and the tariffs. i don t like them. to me, it s very mixed bag. that s why he s so nervous. he knows a dam will break. i d have you on longer. i have a lot of show. i appreciate whenever someone gets to it and tells the truth.
socialist i d bet on her rather than bernie. i want her as an opponent. my goodness, i mean, people in ohio and michigan and that part of the country that we have to win that has sensible middle-class people, they had to be frightened out of their minds listening to this. laura: when you seeg people like tim ryan and even what s his name from montana was name i always forget. but like, of course. and then delaney, they all coule probably be in trump s candidate. on the trade question, we ll get into that later. that happened late in the debate. the trade question, none of them could answer the trade question because trump has killed an entree. he s done phenomenallyuse on tre and they know it and they are relegated tohe saying we shouldt do any trade deals. by the end, that s what warren was saying along with bernie sanders, so trump has so boxed them inn on trade, that s where they are. so i want to get into this before we get to the trade thing, because that s also really important