Transcripts For KNTV Late Night With Seth Meyers 20200204

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"history will not be kind to president trump. and trump said, "well, it never was before." [ laughter ] video was posted on twitter yesterday of presidential hopeful andrew yang jumping off of a folding chair and shouting quote, "let's see bernie do that." and then bernie spoke to a crowd of more than ten people and said, "let's see yang do that. [ laughter ] over 80 commercials aired during last night's super bowl, but the best one had to be this ad for time machines. [ laughter ] i mean, it was pretty good [ cheers and applause president trump, last night, had to delete a tweet about the kansas city chiefs after he congratulated the wrong state. he also screwed up his congratulations on the halftime show [ laughter ] [ applause ] officials in china opened a new hospital today to deal with the outbreak of coronavirus that was built in just ten days and officials in new york said the escalator at the 125th street subway station should be fixed by 2024. [ cheers and applause we're making progress. we're making progress. google has announced they'll be launching a new service that automatically mails users a monthly selection of pictures from their phone they're calling it blackmail [ laughter ] and finally, shakira and j. lo performed the super bowl halftime show last night, and during it they showed off some really impressive moves. and while it was wonderful, there was a down side. so here with a public service announcement for latina women over 40 is one of our writers, jenny hagel. [ cheers and applause oh no, jenny jenny, what happened >> seth, i saw j. lo and shakira do the halftime show last night. and i thought to myself, that is amazing. >> seth: yeah. >> look at what latina women over 40 can do >> seth: sure. sure >> and then i thought, wait, i'm a latina woman and i'm over 40 >> seth: oh. oh no, you didn't >> i did >> seth: oh. [ laughter ] >> i did i tried to do all the moves that shakira and j. lo did in the halftime show. and it did not work out great. [ laughter ] i tried to do this ♪ and i sprained my neck >> seth: sure. [ laughter ] >> then i tried to do this ♪ and i tore my acl. >> seth: yeah. >> then i tried to do this ♪ and i broke my arm in seven places >> seth: yeah. [ laughter ] >> then i came to and i tried to do this. ♪ >> and now i'm gonna need a lot of dental work >> seth: yeah, i mean that -- that sounds bad. >> oh, it gets worse next i tried to do that rope thing that shakira did ♪ but i got myself all tangled up in a complex knot. >> seth: yeah. >> and i couldn't move >> seth: that's not -- [ laughter ] >> so i banged on the floor until a neighbor came over >> seth: yeah. >> but they couldn't untie me either, so they called the fire department >> seth: fire department >> then the firefighters were like, "this is the third time we've done this tonight. >> seth: third time? oh man [ laughter ] >> then they left and i thought, let me try one more time >> seth: i'm done? >> but let me take it easy >> seth: again >> so then i tried to play the drums like shakira did, but i poked myself in the eye with a drumstick. >> seth: oh, that explains the eye patch. >> no, that's from something else >> seth: okay. [ laughter ] >> so, listen, if you're a latina woman over 40, and you saw the halftime show and you're thinking, "hey, i can do that," please, take it from me, you can't. [ laughter ] >> seth: thank you so much for that special message, jenny. >> no problem, seth. bye! oh, god! oh [ cheers and applause >> seth: jenny hagel, everyone we have a great show for you tonight. you know her from the beloved sitcom, "the nanny," and she can be seen next in the new comedy, "indebted," premiering this thursday here on nbc, fran drescher is here tonight. [ cheers and applause he is one of the stars of the fantastic film, "1917," which is nominated for ten academy awards and in theaters now. dean-charles chapman is joining us [ cheers ] and he is a nobel prize winning economist and columnist for the "new york times," whose book "arguing with zombies: economics, politics, and the fight for a better future," is available now, paul krugman is here [ cheers and applause so we got a great show before we get to that, senate republicans have all but completed their cover up for the president's crimes as they block witnesses and move to acquit him. for more on this, it's time for "a closer look." ♪ pcpc >> seth: donald trump is not just a very dumb man he's also a very weird man he definitely believes things that are dumb, but he also believes things that are weird and dumb first there are your garden variety dumb things. like yesterday when he congratulated super bowl champions, the kansas city chiefs on twitter and said, "you represented the great state of kansas, and in fact, the entire usa very well. which would have been fine, except the chiefs are based in kansas city, missouri. now, i know it's confusing that there are two kansas cities to a middle schooler who's just finding out about it [ laughter ] but i guess we can't expect the president of the united states to keep track of all the states. i mean he knows that the red ones are the ones that like him, and florida's the one that looks like a penis and trump really can keep being dumb because there's no cost from his base. trump supporter and head of the american conservative union, matt schlapp tweeted, "dear east coast establishment, kansas city, kansas is in kansas." which is true, but that's not where the chiefs play so it's irrelevant that would be like me saying matt schlapp sounds like slang for the sound it makes when you fart in yoga class [ laughter ] irrelevant now those are the standard sorts of dumb things we're accustomed to hearing from our president. but then there are the weirder dumb things. for example, here's a weird dumb thing trump believes he seems to think that stealth military jets, which use technology to avoid detection by radar and other means, are literally invisible to the naked eye. it's something he said many times, including in a speech in michigan last week >> i know everybody here in michigan supports our great armed forces as much as any place, michigan. [ applause ] and that's why we're giving strong consideration to deploying some of our mighty f-35's to selfridge air national guard base [ cheers and applause and you know what that means, right? you know what that means that's a big deal. so selfridge, you're gonna see a lot of very fast planes. actually, they're totally stealth so maybe you won't see them come in [ laughter ] okay, you won't see them come in, but they're coming in. [ laughter ] >> seth: he genuinely thinks stealth means invisible. his brain is only capable of thinking in cartoons he actually believes the military has developed the same technology as wonder woman "our great soldiers are out there fighting isis with their bracelets and golden lassos. [ light laughter ] honestly, there's a good chance we could prank trump by leading him down a jet way and telling him, "mr. president, we'd like you to be the first man to board the invisible f-35 jet and then just watch him fall face first on to the runway and -- [ cheers and applause and you know what sound it would make when he hits the tarmac matt schlapp [ laughter ] then on friday, trump gave another speech where he did his usual shtick of bragging about stuff he hasn't actually done. like for example, the jobs numbers, but he also decided to give his daughter, ivanka, a shout out as well. now, as you watch this clip, just remember that about 6.7 million jobs have been created during trump's presidency and hey, while that's great, it's also incidentally lower than the 8 million jobs created in roughly the same period of time at the end of barack obama's presidency. just remember, that's how many jobs trump and obama created in roughly three years each, about 14.7 million combined. now, here's the president on friday talking about how many jobs his daughter has supposedly created. >> ivanka's been a champion for administrative and legislative actions to combat human trafficking and a true heart she has -- this issue has been so important to her. this and making sure people are ready to work. she's now created over 15 million jobs for the people of our country one of the reasons our employment numbers are the best ever 15 million >> seth: she's created 15 million jobs? i don't even know what her job is i mean, i think she works with at risk teens. [ laughter ] i don't -- at this point, i don't think he's even consciously making up these numbers. i think they just randomly pop into his head like those ping-pong balls they use in the lottery. tonight's mega millions numbers are one, 5 million [ laughter ] this is the deranged mind of a addled man who is incapable of wielding the tremendous power he holds. republicans are deeply committed to allowing him to keep that power by any means necessary take senator lamar alexander for example. he was considered a possible swing vote for allowing additional witnesses, but ended up voting against it and on sunday alexander was asked if by acquitting trump, he would be emboldening the president to once again seek foreign interference to cheat in an election, something trump has already done twice now and alexander insisted trump wouldn't do it again >> are you at all concerned though, when you seek foreign interference he does not believe he's done anything wrong, that what has happened here might encourage him that he can continue to do this >> i don't think so. i hope not i mean, enduring an impeachment is something that nobody should like even the president said he didn't want that on his resume i don't blame him. so, if a call like that gets you an impeachment, i would think he would think twice before he did it again >> seth: think twice he doesn't even think once he's like one of those single celled organisms that only reacts to light and heat but as the vote to acquit trump approaches on wednesday, this is the argument republicans have arrived at they literally just don't care, even if there are more witnesses who could attest to trump's criminality. for example, on friday we got yet another bombshell leak from a manuscript written by trump's former national security advisor, john bolton trump told bolton directly that he wanted to force ukraine to dig up dirt on democrats >> ambassador john bolton claims president trump's pressure campaign on ukraine began much earlier than was previously reported the "new york times" reports quote, "president trump directed john bolton, then his national security adviser, to help with his pressure campaign, to extract damaging information on democrats and ukrainian officials. the article goes on to say mr. trump gave the instruction, mr. bolton wrote, during an oval office conversation in early may that included the acting white house chief of staff, mick mulvaney, the president's personal lawyer, rudolph giuliani, and the white house counsel, pat cipollone, who is now leading the president's impeachment defense. >> seth: think about that. trump literally said the crime he was doing out loud in the oval office, and there were multiple witnesses at least nixon tried to keep his tapes secret if trump had tapes, he'd be selling them in times square "guys, check out my mixtape. there's more where that came from." now, as a side note here, i just want to say, the way bolton has handled this has been gross. he was already a bad guy, but now he's selectively leaking damning evidence of the president's criminality just to sell a book instead of coming forward and telling everyone what he knows. if you know someone who's planning to rob a bank, you call the cops immediately, you don't wait a year, and then publish a book called, "remember that bank that got robbed? i knew about it. [ laughter ] but still, now we know, not only did trump say what the crime was, there were multiple people were present senate republicans could have called any of these guys to testify, bolton, mulvaney, giuliani, and yet they voted not to hear from any of them here's how alexander explained his vote to block witnesses during an interview with npr >> i don't need to hear anymore evidence to decide that the president did what he's charged with doing so, if you've got eight witnesses saying that you left the scene of an accident, you don't need nine. >> seth: except, that's not what happened it's more like trump caused the accident by driving his golf cart through the front door of a wendy's, stayed at the scene of the accident eating fries off of other peoples plates, called a press conference, bragged that it was a perfect accident, then tweeted in all caps, "no collision. [ laughter ] and other republicans quickly joined in on the cover up. alaska senator, lisa murkowski admitted in a statement that, "i have come to the conclusion there will not be a fair trial in the senate. and florida senator marco rubio said, "just because actions meet a standard of impeachment does not mean it is in best interest of the country to remove a president from office. think about that they're literally just announcing it to the world, we're doing a cover up, we won't hold a fair trial, and even if he's guilty we won't remove him from office. they might as well come out and say, "remember all that confetti from the super bowl, those were documents from the white house we shredded. [ laughter ] see, this one says, "let's do crimes." [ laughter ] but the most shameless response to the vote on friday came from senator lindsey graham who celebrated the gop cover-up with some colorful language on fox news friday night. >> you know what i believe about all this it was a bunch of partisan bull [ bleep in the house it continued in the senate it's going to end wednesday. the president's going to get acquitted. it's gonna blow up in their face >> seth: why, lindsey buckingham beauregard montgomery longstreet winchester graham. you mind your tongue [ laughter ] need i remind you, you are on the airwaves of a decent all american family channel called fox news the network of such stand-up personalities of roger ailes, bill o'reilly, and america's scream-heart jeanine pirro [ laughter ] the gop cover up and the likely vote to acquit trump on wednesday should seal it once and for all. the republican party is totally and completely devoted to a corrupt imbecile who thinks planes are invisible and doesn't know there are two kansas cities. all republicans care about is clinging to power. their supposed respect for the founders and the rule of law was a fraud and a scam and every time they lecture the rest of us about the sanctity of the constitution, it was all - >> bull [ bleep ]. >> seth: this has been a "a closer look. [ cheers and applause ♪ we'll be right back with fran drescher, everybody [ cheers and applause ♪ >> announcer: for more of seth's "closer looks," be sure to subscribe to "late night" on youtube. ♪ woah is this the future? this is the present, future bill. here's your order bills. no way! yes way. okay. we are literally going to hogwarts right now. this is unexpected. ahhhh! whoaaa! [exasperated sigh] this is incredible. we just got off hagrid, and it is by far the best ride... this is universal... 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[mayhem] you always drive like an old lady? [tina] you're an old lady. ♪ [ cheers and applause >> seth: welcome back, everybody. give it up for the 8g band right over there [ cheers and applause also sitting in with us this week, he's the drummer for 2020 rock 'n roll hall of fame inductees nine inch nails, and also, his own solo endeavor, the new regime, whose new album "heart mind body and soul" drops march 6th. you can listen to the first three parts of the album now on all major music platforms. ilan rubin is here, everybody. [ cheers and applause so good to see you, ilan thanks for being here. >> thanks for having me. >> seth: our first guest tonight is an emmy-nominated actress you know from her very popular series "the nanny. she stars in the new sitcom "indebted" which premieres thursday night at 9:30 here on nbc. let's take a look. >> so you decided the place to save money was cutting health care in your 60s >> 60. look, i know it sounds crazy, but insurance is very expensive. and we take excellent care of ourselves. danny just stopped eating red meat >> i'm mostly eating coasters now. [ laughter ] >> and i spent twice a week with susan -- but i guess it was too much because i tore my acl i overspun >> you overspun? >> i overspun. >> she overspun. >> who knew. >> seth: please welcome to the show, fran drescher, everybody [ cheers and applause ♪ ♪ >> seth: fran, what a delight to have you here. >> thank you hi, great band >> seth: it's so exciting to have you back on television. >> i'm so happy. thank you. >> seth: it's great. >> i loved lobby baby -- >> seth: oh, thank you very much it's very kind of you to say that's very kind of you to say [ cheers and applause this is a -- this is a fun show about a family you and steven weber play boomer parents who go broke >> go broke, yeah. we have to move in with our adult son and his young family it's really a matter of who's the parent here. because we're totally irresponsible. we're really are clueless when it comes to money but we're very loving and sexy, and into each other. and very tactile, so - >> seth: yeah, that's the way you want - that's the way you want to move in with you is tactile parents [ laughter ] >> but, you know, i'm playing a grandma in this. so if i'm going to play a grandma, i better be a hot one >> seth: yeah, exactly [ laughter ] because you demanded that from your agent [ laughter ] [ cheers and applause did you -- your kids are played by abby elliott and adam pally who are fantastic. >> yes they're wonderful. >> seth: does this have any resonance in your real life? like, what's your relationship with your parents like >> i love my parents they were very excited that i'm doing this show. >> seth: okay, great >> it's part of the reason why i did it >> seth: thank you >> and octogenarians and for me, just to make them feel happy, so meaningful. and they couldn't really -- none of their friends could find my last show on whatever cable channel it was on. so everybody can find the peacock network. >> seth: yeah, that's right. >> so they're very happy now - >> seth: you're on -- you're like on channel four or something. >> channel four almost everywhere i was talking to my mom on the phone, and you know, i'm going through my email and she's just going on and on about the friends, and how excited we all are and i said to her, "my email, you know, my yahoo isn't working right. and i'm very frustrated. and she says to me, "you know, what did you gynecologist say? [ laughter ] so - >> seth: your yahoo is not working. hey, you - >> i found that joke because it really works quite well. >> seth: yeah, yeah, yeah. nobody thought - [ laughter ] on "the nanny," you had a lot of guest stars over the years >> yes >> seth: i want to show you, donald trump was a guest star. >> yes he was >> seth: he was a budding actor back in the day. >> yeah, you know, we had a lot of people playing themselves, trying to make it seem like we were really in new york, even though we shot there, and there's an interesting story that goes with that. because i sit in this scene and i said to the two of them, "oh, all you millionaires are alike." >> seth: yeah. >> and peta, now my gay ex-husband, he got a note from his assistant, you know, donald trump's assistant that said, "mr. trump is not a millionaire, he's a billionaire. and we would like you to change the script >> seth: wow, that's amazing >> but i thought that seemed too on the money because i know fran would have, you know, described everyone who was rich as a millionaire. but to say billionaire seems like a specific choice so we asked them if it would be okay if we wrote zillionaire and he said that was fine. >> seth: yeah. [ laughter ] also that note from his assistant, he wrote that [ laughter ] there was no assistant >> peta somehow knew that he shouldn't throw that away. >> seth: he saved that now >> and he has it framed in his office >> seth: oh, that's a really good note to frame [ laughter ] he must look at that every day and go - [ laughter ] >> ebay. [ laughter ] >> seth: you were in "saturday night fever," this was one of your first movies. >> i was, yes. >> seth: was it your first movie? >> yes, it was it was my very first film. and i was the one that said that, "are you as good in bed as you are on the dance floor?" and i was still living at home with my parents. my dad was working in brooklyn at the time when we were shooting at the 2001 club there. and when he came on his lunch break to visit with me, and i had a very small part in the movie. >> seth: yeah. >> but they said, "i'm sorry, but it's a closed set. and my dad said, "but i'm the star's father. and they said, "oh, right, this way, mr. travolta. [ laughter ] >> seth: it worked out there you go confident, confident parents are a nice thing to have >> exactly the dreschers, you know. >> seth: yeah, the dreschers right, they come from a confident stock. >> exactly >> seth: you did a lot of commercials early on in your career >> i did i did. that's how i started that's how i got into the screen actor's guild. and you know, surprisingly, i got booked on a lot of things. i did a mcdonald's commercial, i did a dad's root beer commercial i did a commercial for charles jourdan shoes. in every single one, they never used my voice. >> seth: really? >> i had to learn two all beef patties, special sauce, lettuce, cheese, pickles, onion on a sesame seed bun. but all you can see is me moving my lips, no voice. [ laughter ] and then, the dad's root beer, same thing moving lips, no voice. >> seth: did they used someone else's voice or did they - >> no, they had -- well, they had like a voiceover for that. and then, for the other ones, they did get somebody that actually -- they dubbed me with this beautiful sounding voice for the shoe commercial. and i had a snake seductively, you know, wrapping itself around me and the voice that came out of my mouth is, you know -- >> seth: can you even come close? [ laughter ] >> [ indiscernable ] which means be brave and shed your skin. >> seth: oh, wow >> it was for, i guess, snake skin shoes >> seth: you have -- you're very lucky, though, because the voice, they didn't realize they had a million dollar voice >> i figured out a way to monetize it. >> seth: yeah, you did you monetized it one of the most -- >> one of my features, you know, if you want to work in this business, you're going to have to change your voice >> seth: really? little did she know. >> a he. >> seth: yeah, little did he know i don't see gender [ laughter ] you -- but you have such a recognizable voice and "the nanny" has aired all over the world are there strange places where people, they hear you and they say, "are you fran?" >> well, you know, i was on safari once, and the bushmen knew it was me in africa [ laughter ] >> seth: the bushman >> people always know it's me by my voice >> seth: really? they must be so excited. >> they're judgmental. >> seth: they're judge - [ laughter ] "the nanny" -- >> and they've done "the nanny," not only did they use my show, but then, they recast it with locals, and did it again >> seth: oh, in different countries. >> in different countries. and all these people, wherever i travel, they always say, "i learned how to speak english watching 'the nanny.'" so now, there's people in russia, argentina and hong kong all speaking english sounding like me. [ laughter ] >> seth: and they think -- that's very -- >> isn't that ironic >> seth: that's horrifying [ laughter ] i love your voice. i loved having you here. >> thank you >> seth: and what a delight. i'm so happy you're here on nbc. >> thank you thank you. >> seth: fran drescher, everybody. "indebted" premieres thursday night here on nbc. we'll be right back with dean-charles chapman [ cheers and applause ♪ hey mama what's up? did you switch my service from verizon to t-mobile? yep, t-mobile has the only nationwide 5g. well 'mr. know it all' let's see if you right about that? mama? hey mama i'm working. it works at the pie shop. t-mobiles 5g works inside and out. hey what you need mama? i'm trying to watch the game with my boys. it works in the park. ok -mama??? -it works at the aquarium. in the parking garage. at the beach. in the elevator. it works in the movie theater too... 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[ applause ] so you've -- you've been -- obviously, you've been to award shows before, because you were on a show like that, but were there people through this awards season as you go around that you have been excited to meet? >> yes to be honest, i haven't personally met him yet, but robert de niro >> seth: yeah, de niro >> i've seen him out and about everywhere we go i just haven't had the confidence to walk up to him but mate, love you >> seth: yeah. [ laughter ] he's brilliant he's honestly my favorite actor. >> seth: he's the best actor of all time i've been lucky enough to meet him. he's very -- this is weird, he doesn't -- he's a little shy. >> yeah. >> seth: and he doesn't like -- i mean, his whole life has been people coming up and saying, "you're so great," right >> yeah. >> seth: so i think like you got to flip and you got to walk up and go, "hey, i'm great. [ laughter ] >> i'm going to try that >> seth: yeah, just try it be like, "i know people tell you you're great all the time. i just want you to know, 'i'm great.'" >> i'm great >> seth: and i'm coming for you. [ laughter ] [ applause ] you have -- i mean, "game of thrones," fan base is pretty intense. have they -- did people ever come up to you and give you either a nice time or a hard time >> a bit of both to be honest. i think with tom, i think a lot of people have mixed emotions about him. >> seth: yeah. >> nine times out of ten, people like him you know, think he's cute, sweet, innocent. [ light laughter ] but then, this one guy came up to me and was like, "i just want to punch you in the face." [ laughter ] and i was just like, "thanks." [ laughter ] but, yeah. it's amazing that fan base it's just, you know, everybody knows what it is and, it's good. >> seth: you -- this film is a technical achievement, i think it's very safe to say, and roger deakins obviously did an incredible job i wonder, you know, obviously there were incredible sets, and you get to see the acting as you're going through it and you're filming it. but when you saw the finished product, were you as blown away as people like me who had not seen any of it >> i really was, because we filmed it in one continuous shot and obviously, we hadn't seen all the scenes stitched together so the first time watching it, it was only a rough cut, there wasn't a score over the top of it but i didn't realize how immersive it would be. because it genuinely is like an experience when you watch the film and you feel like you're there with the characters. and it really allows you to just become fully immersed in the story and what is going on with the character. it got me. i mean, quite emotional. >> seth: and you -- you know, it's so intense and stressful to watch. that's not giving anything away about the film and you and your co-star are kind of on camera the whole time there's no -- you guys couldn't, like, take many breaks as far as, like, "i'm going to mail in this part of the movie because -- was it intense to do because of that sense that it was going to basically be presented as this one continuous shot >> it was. it was something we had to rehearse for six months for with film or theater or anything. anything really. actors, you don't usually rehearse that much so we found ourselves every day in character, you know, trying to deliver this message in enemy territory. and it was, you know, it was intense, but -- i was just so thankful to be there and it's such a great story and a great character. >> seth: yeah. it certainly paid off. i know you did research as well and found out -- did you not -- were you not aware that your great grandfather had served in world war i? >> no, never i actually -- when i got the part, and asked my mom and dad to see if they had stories, if they know, they didn't really know so they asked their moms and dads and went through the line of the family. and then they came back and said, "yeah, there's this book called "the western front diaries" which is snippets of diary entries of soldiers who fought in the war. and my great great grandfather david henry pierce fought in the war, and he has a diary in that book and he talks about how he fought in the cavalry, and he was shot one day when he was in no man's land and was paralyzed and he was basically bleeding out for four days trying to survive and he survived the war. and i don't know if you guys have it, but in england, we have this remembrance day, so we wear poppies to remember the first world war and anyone who served. and he worked in the first poppy factory to open in london until he died. >> seth: that's incredible well that's an amazing story and this is an amazing film that tells a great story as well. congratulations on it. i'm so glad it's getting the attention it deserves. [ cheers and applause and really nice to meet you and have you here. >> thanks, man >> seth: dean-charles chapman, everybody. "1917" is in theaters now. we'll be right back with paul krugman [ cheers and applause ♪ ♪ ♪ ♪ ♪ applebee's new irresist-a-bowls now starting at $7.99. now that's eatin' good in the neighborhood. i need all the breaks, that i can get. at liberty butchumal- cut. liberty biberty- cut. we'll dub it. liberty mutual customizes your car insurance so you only pay for what you need. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ i'm part of a community of problem solvers. we make ideas grow. from an everyday solution... to one that can take on a bigger challenge. from packaging tape... to tape that can bond materials to buildings... and planes. one idea can unlock a breadth of solutions. at 3m, we are solving problems that improve lives. one idea can unlock a breadth of solutions. cake in the conference room! showing 'em you're ready... to be your own boss. that's the beauty of your smile. crest's three dimensional whitening... ...removes stains,... ...whitens in-between teeth... ...and protects from future stains. crest. healthy, beautiful smiles for life. 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(glass shattering) (frustrated yell) (car horn blast) (yelp) how you watch it does too. tv just keeps getting better. this is xfinity x1. featuring the emmy award-winning voice remote. streaming services without changing passwords and input. live sports - with real-time stats and scores. access to the most 4k content. and your movies and shows to go. the best tv experience is the best tv value. xfinity x1. simple. easy. awesome. xfinity. the future of awesome. to deal with the problem.icians but they wouldn't. so we took it to the voters and forced big tobacco to pay its share of healthcare costs. we fought oil companies for new clean air laws and closed a billion dollar corporate tax loophole to fund public schools. by going directly to the people we got results. that's not something you see a lot of from washington these days. i'm tom steyer and i approve this message. let's make change happen. ♪ [ cheers and applause >> seth: our next guest is a nobel prize-winning economist and a "new york times" columnist who's book, "arguing with zombies: economics, politics, and the fight for a better future" is available now. please welcome to the show, paul krugman [ cheers and applause ♪ ♪ >> seth: welcome to the show, paul >> hi there. >> seth: i have to ask you this. as an economist, i imagine people all the time, friends, family ask you to give them investment advice, ask you to predict the future >> yeah. >> seth: yeah. [ light laughter ] and what do you tell them when they ask you that? >> i tell them i don't know and nobody else knows either [ light laughter ] >> seth: and you have a nobel prize for this, and yet, that is the basis of it. >> yeah. >> seth: yeah. >> most of the time, it's -- you know, it's just not that easy, right? >> seth: what is it about economics that makes it so hard to predict >> okay, first of all, think about weather. weather prediction is, you know, so-so because it's an incredibly complex system, but at least it's physics >> seth: right >> and economics is all of that plus it's about people so it's just -- it's just inherently -- most of the time -- you know, once in a while, you could see something that's really clear, i.e. housing bubble okay, that was crazy something bad was going to happen when it burst but most of the time, it's this enormous system. you know, there's a rule, everything in the economy effects everything else in at least two ways and so, being able to tell you whether gdp growth will be 1.5 or 2.5 percent next year, nobody can do that >> seth: the president seems pretty confident that he can tell you exactly how it's going to go. [ light laughter ] >> yeah. >> seth: we'll get to him. we'll get to him >> we'll get to him, okay. >> seth: so this -- arguing with zombies, you've talked in your columns over the years about these zombie ideas, meaning that they are ideas that will not die in regards to economics. and the two that keep coming back are climate change, denialism, and more importantly, cutting taxes for the wealthy. >> yeah, not more importantly but more commonly. so the big political zombie in america is the belief that cutting taxes on the wealthy is magic and will pay for itself. and it has a success rate of exactly zero after many -- but nonetheless, it's basically an official doctrine for the republican party >> seth: now this is a situation where president trump and the republican congress cut taxes for the wealthy, they went out on television, they told us it will pay for itself. it has not paid for itself if anything the deficit is ballooning and yet, it doesn't seem as though they will pay any political cost for this. >> yeah. and that's a lesson i think for everybody. you know, we had a long history now, several decades in which democrats when in power try to be all responsible and get no credit for it. and republicans just gleefully run up huge bills and i got to say, maybe you know, next time there's a democratic president, she or he should be prepared to run some deficits for a good cause. >> seth: yes well that would be the difference right, the idea is that with progressive ideas, you can run deficits and actually use that money to pay for things like social services, as opposed to putting it back in the pockets of the rich. >> yeah, i mean, think trump has added about 300 billion a year to the deficit we can actually put a fairly precise number on that think of what america would look like if president obama had been allowed to spend 300 billion a year on infrastructure >> seth: right >> 300 billion a year. we would be -- you know, we wouldn't be stuck in that one tunnel under the hudson river all the time >> seth: right [ laughter ] >> and so -- and what we're doing now is we're running these big deficits for no -- you know, to basically just to cut taxes on corporations and the corporations are not even using the money. they're just using it to buy back stock so the deficits themselves don't do a whole lot of harm, but think of what we could be doing with that money. >> seth: things that would actually be multi-generations ahead still paying benefits. >> yeah. i mean, the funny thing, the tax cuts don't pay for themselves. child nutrition, child health care for children, those do pay for themselves, because they lead -- in the long run, they lead to healthier, more productive adults who end up paying more taxes. so it's actually -- we've got the wrong -- you know, we're doing voodoo on the wrong front here >> seth: do you think -- how many billionaires, how many republicans in good faith believe this idea that tax cuts will pay for themselves? >> that's a hard question to answer because people are really good at double think >> seth: yeah. >> right people manage to convince themselves, even if something is patently false, most people don't go around saying to themselves, you know, twirling their mustache and saying, "i'm being evil." though i think some of them do [ light laughter ] >> seth: yeah, yeah, yeah. >> mitch mcconnell >> seth: i could name five yeah, yeah, yeah [ light laughter ] >> but the -- the -- i think pretty much they know -- at some level, they know that it's false. they have to know that it's false. it's just -- there are no success stories. and so, it's just -- but it's tremendously convenient. >> seth: has this -- you talked about how this was something that was very much the case during the bush presidency, but it has mutated into something far more bold than it was then >> yeah. i mean -- you know, with each successive republican president magically has managed to make his predecessor look good in the rearview mirror. so we look now at the bush years, and the thing was that bush -- a little business about lying us into war and that sort of thing but aside from that, they were - [ light laughter ] >> seth: it's just that thing. yeah, yeah, yeah >> they were a little -- yeah. [ laughter ] they were a little bit careful they didn't actually make outlandish claims about tax cuts paying for themselves. they came up with other rationales you know, the government is collecting too much money, or we just won a war so great, let's cut taxes. they weren't as blatant. so the -- the zombification of the republican party has been an ongoing process. and it gets a little bit worse with each successive administration >> seth: donald trump has tweeted negatively about you but you're in excellent company. [ light laughter ] but one of the things was you predicted on election night a recession, which has not come to pass and that is what he keeps hammering home >> yeah. i retracted that three days later. >> seth: three days later. >> three days after the election saying, "okay, i did what you're not supposed to do, which was i let motivated reasoning. i said a terrible thing has just happened, which did. but i let myself indulge myself by saying it's going to lead to immediate bad results on all fronts which -- and then, three days later, i said, "you know, actually trump is probably going to increase the budget deficit and the budget deficit is probably going to give the economy a bit of a jolt. so it's actually -- we're not going to have a recession right away and trump might actually preside over somewhat faster growth. so, yeah, i had a bad -- i much regret that election night statement. but, you know, i admit it, i was wrong and i tried to learn from it >> seth: well, then, i think when the president is wrong, he admits it, too i think that's what you guys have in common [ laughter ] >> yeah, right >> seth: that's what we always say, that that's what trump and krugman have in common they own up to their mistakes. >> fix that comment with a sharpie. [ light laughter ] >> seth: hey, i want to talk about this obviously, tonight is the iowa caucuses and there's a lot of writing about how, you know, the democrats are putting everything at risk with very progressive ideas. yet you point out that progressive ideas are actually very popular will you explain what the idea is it's very popular with the majority of people >> yeah, for the most part, if you ask people should taxes on the rich go up overwhelming support for that. if you ask people, should the government spend more or less on social security and medicare, overwhelming majority say spend more so the public is actually kind of left of center. i have to admit, it makes me a little bit nervous that -- look, one of the things in "arguing with zombies" in the book, i talk about the republican habit of portraying anything that you try do to make life a little bit better as saying, "oh, that's socialism. and -- which is ridiculous i'm a little bit nervous about the idea of having somebody say, "yeah, it is socialism." i'm a socialist, when he actually isn't i mean, bernie sanders is a social democrat. he's left of center, he's a little bit further left of center than others in the party. but i -- it may be brilliant to just play right into the republican framing of it, but it might also be a problem. >> seth: well, it will be interesting to see thank you so much for being here it's just a delight to have you. >> great thank you. [ cheers and applause >> seth: that's paul krugman, everybody. "arguing with zombies" is available now. we will be right back. >> thank you [ cheers and applause ♪ this is the denny's super slam. two bacon, two sausage, two eggs hash browns and pancakes and now make those pancakes all you can eat for a buck. that's where the duper comes in. the all new super duper slam just seven ninety nine. see you at denny's. which of your devices are protected by daily security updates? daily security updates... daily? i don't know. the only thing... i'm struggling with this. some providers you have to manually download updates to each device. comcast business securityedge updates every 10 minutes to help keep your connected devices protected against new ransomware, malware and phishing threats. every 10 minutes feels pretty good. comcast business security edge automatically helps protect all the devices on your network. call today. comcast business. beyond fast. i'm going to need you to ... never mind. can't touch this. ♪ help! can't touch this. ♪ (baby cries) you can't touch this. new cheetos popcorn. ♪ [ cheers and applause >> seth: my thanks to fran drescher, dean-charles chapman, paul krugman, ilan rubin, of course the 8g band stay tuned for "lilly singh. we'll see you tomorrow [ cheers and applause ♪ ♪ ♪ ♪ >> daniel: tonight, on "a little late with lilly singh. >> lilly: make up sex is like that moment in "street fighter" where you both punch each other at the same time and you fly backwards, just like, hadouken [ groans ] [ laughter ] >> daniel: and - >> lilly: put your hands together for our standards and practices guy. randy! [ cheers and applause we're gonna try to break three rules that randy definitely doesn't want me to break randy has to stop me by finding the red button this looks like vincent van gogh's "starry night. that's gotta be expensive. hurry, randy >> daniel: plus -- >> lilly: ilana glazer and we're playing dancing clues. stripper, stripper, stripper [ laughter ] >> like, cocaine, honestly like, sorry. all i'm getting is coke vibes. >> daniel: coming up in one minute

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