Yours started in london, and ours started in new york. Host exactly. And youre the home team. [laughter] i want to come back, because i think the parallels between that era and this era are interesting and something i think a lot about as a business journalist. First off, i want to just note a point of connection we both have, were both from indiana guest exactly. Host in my case, rural indiana, and you are from guest whiteland, indiana, which i wrote about in a book that came out last year called when the new deal came to town. Host okay. Guest and i wrote a book about how the new deal affected people in this little farm village, which it was back this those days. Host fascinating. Guest anyway, were not talking about that book, were talking about this book. Relevant, because i think where people come from often influences their world view guest oh, absolutely. Host im curious, how would you say growing up in rural indiana has influenced your opinion . Guest yeah. Well, i think growin
Your new book, free people, free markets. I have to say one of the most interesting things about this book, to me, is its breadth, aha youve got such that youve got such a long time period that youre talking about. The wall street journal was started in, remind me, what year again . Guest 1889. Host right. A few years after the financial times, where i work. Same era yours started in london, and ours started in new york. Host exactly. And youre the home team. [laughter] i want to come back, because i think the parallels between that era and this era are interesting and something i think a lot about as a business journalist. First off, i want to just note a point of connection we both have, were both from indiana guest exactly. Host in my case, rural indiana, and you are from guest whiteland, indiana, which i wrote about in a book that came out last year called when the new deal came to town. Host okay. Guest and i wrote a book about how the new deal affected people in this little farm
They used to force companies to buy stock. Now its prohibited. Earlier in the week when we did 300 i messaged you and said, this is definitely it. We have to call the top here, definitely. This has got to be it. They keep going. Another 142. Hope springs eternal. 19756. What is interesting is that, you know, things havent even been done. So we dont know whether deregulation and cutting taxes and progrowth supplies, we dont know whether they are going to put them in. But there was a question recently about whether those things even work. So now were seeing this, we dont know if they are going to do it, but just the possibility we might do them is worth 2,000 points on the dow. And dont you think every single cabinet member he names leads you to the conclusion that it is going to happen. Its got to be the most probusiness cabinet since ronald reagan. I had a great talk with al gore. It was interesting, it was nice, we got along really well. And he picks the Oklahoma Attorney and its been
Is this ok . Francine its fancy. Its perfect. Tom we have eight things to talk about at the start of the show. You mentioned the e. U. In your opening. Were oblivious to this. This turkey my deprant discussion, im sorry, for all of europe, its the only topic this weekend. Francine it is, because it goes really to the heart of what europe is. As soon as that gets into question, the eurozone can close. Tom well, there we go. We got so much to talk about today, jobs take. Francine lets get to the bloomberg first review. Thanks, francine. Donald trump was on the defensive during last nights republican president ial debate. Hours after 201 nominee mitt romney called him a phoney and a fraud, the current proper candidates took their shots. Heres marco rubio. Senator rubio theres no doubt approximate that. These also say 2 3 of the people that cast the vote have voted against you. They do not want you to be our nominee. And the reason why is because we are not going to turf over the conservat