tv State of the Union With Jake Tapper CNN August 18, 2019 6:00am-7:00am PDT
inflaming the debate. president trump using a foreign ally to exploit the political guide here and punish opponents. >> keep america great. we have these socialists who want to take it away from us. >> that is score settling as a new poll shows trouble for the president against several of his 2020 rivals. will the politics of division work a second time? and recession jitters. president trump said to be rattled as economic alarm bells cause a wild week on wall street. can the president convince voters that he is still the best guy for their money? >> let's not do the gloom and doom. it's all good >> i'll piece to white house trade adviser peter navarro next. first in the south, 2020
democrats head to south carolina and make their pitches to african-american voters. >> i've got to work that much harder to make sure the voters heard our message. >> can anyone knock former vice president joe biden out of the lead? presidential candidate mayor pete buttigieg joins me exclusively in moments. ♪ hello. i'm jake tapper in washington where the state of our union is keeping an eye on our retirement accounts. president trump is wrapping up a working vacation but he doesn't seem to have used that time to unwind. instead last night and this morning he appears to have been scrolling through twitter, sharing messages about the crowd size at his new hampshire event. retweeting praise from fans, praising conservative media and heaping scorn on the rest of the news media. this week the president's ire extended to the 90-year-old grandmother of one muslim congresswoman after he pushed a foreign ail wlly to ban two
democratic congresswomen from ang offician overwhelm visit. this after fears of a coming recession spiked on the heels of a key economic indicator on what is called an inverted yield curve when short-term bond interest rates briefly went higher than long-term interest rates. those fears reverberated from the farmers to the president himself who this week postponed some tariffs on chinese goods that were set to take effect over the holiday season. joining me now to discuss this is white house trade advisor peter navarro. thank you very much for being here. i know you have a summer cold. appreciate the time you are taking to get up early on a sunday. let's start with the basic stated of the economy. in addition to the inverted yield curve which has happened before. nine major countries are either in recession or on the brink of
one. perhaps a bigger concern than the inverted yield curve. what is the administration doing to stave off any potential recession from coming here? >> so let's clear up this inverted yield curve thing. i didn't write the book on it, i have written several books about the yield curve as a leading economic indicator. technically we did not have a yield curve inversion. an inverted yield curve requires a big spread between the short and the long -- >> as oweopposed to a smaller o. >> we had a flat curve that was a weak signal of any possibility. in this case the flat curve is the result of a strong trump economy. what we see no is foreign capital coming to the best game on the globe, the trump economy. it's going into our stock market. when it goes into the bond market on the long end, it bids up bond prices and bids down yields and you get the flat curve. the best thing we need to do
now -- i think this is part of the bullish scenario i have, the federal reserve will embark on an aggressive interest rate cut through the end of the year that will lower the short end. more importantly it will stop suppressing our investment directly and suppressing export dshs- >> what do i mean by suppressing? as you know, there's lots of liquidity, lots of money out there. $15 trillion being borrowed from germany and other countries in europe and japan where the interest rated is negative or zero percent. what i'm hearing from experts is the issue as to why this money is not being invested is because of instaibility, because of the trade war with china and political instability in the u.s. >> here's what we know. let's look at the qushgsz2 numb. when the fed started raising rates, they raised it over 100 basis points. too far too fast. at the same time it was doing that the dollar went up by 10%.
when you look at the q2 data, 2.1%, we should have came in at 3. we lost two-thirds of a point on experts alone due indirect currency effect, we lost some in real estate, we had an inventory draw down. >> you don't think the trade war has anything to do with this? the fed chair when he lowered interest rates eventually said it was because of trade tensions, which do seem to be having a significant effect on the economy. you don't -- you're not ak nol led acknowledging the trade war has anything to do with this? >> the federal reserve chairman should be looking in the mirror saying i raise the rates too far too fast, i caused a point of growth. interestingly earlier this week i was on television just before james bullard, who is on the board of governors. he basically is my best witness as to why we're going to have a very good economy. he said the economy was strong.
he also committed to interest rate reductions because -- not because we have a weak economy, but because we can grow faster without generating inflation. that's the key thing here. what jay powell did not understand is that the trump economy can grow at 3% without generating inflation, that's what we should be doing. we also need help not just from the fed, we need help from congress right now. the other thing that needs to fall into place for -- >> the trade deal -- >> the u.s., mexico, canada agreement. that's at least a point of growth. several hundred thousand new jobs. 75,000 in the auto sector. we think by early october, if congress can rise above partisan politics and pass that, we'll have federal reserve rate cuts. and the last thing that's important, european vcentral bak has committed to aggressive monetary easing that they'll begin in september, cutting rates, quantitative easing. why adoes that matter? that will lift europe and they'll buy more of our exports.
>> the trade wars and the tariffs, you don't think they have anything to do with that? >> the tariffs are hurting china. china is bearing the burden of -- >> that's not what a lot of exz perts are saying. >> that's what this expert says. china is bearing the burden by lowering prices. they lower the value of the yuan by 12%. here's the most important part of the pain on them rather than pain on us. we're seeing production investment and supply chain sourcing move -- hemorrhaging from china. the good news is it's going into -- it's going into southeast asia, it's coming here. >> listen to the president of the minnesota farmer's union he told cnn this week that even the president's supporters are being hurt and struggling in this trade war, even with the money that the administration is giving them to help them through this tough passage. take a listen.
>> words and twitters and tweets, that doesn't pay the farmers bills. that doesn't solved problem we're dealing with. this is -- this is self-inflicted by our president. we definitely agreed to it at the beginning. it doesn't appear there's a plan "b "b.." >> these are people on the front lines and they're saying the trade war is directly hurting them and china is not bearing all the burden of this. they are bearing the burden of this >> a couple things to say here. first of all, this president fa. all the money we're taking in on tariffs is going to the farmers. china is targeting those farmers to buckle our knees. i think whenever we talk about the china issue, it's really important to just go over the seven things we're fighting for. >> we can't go into all seven. >> would you acknowledge -- would you acknowledge that there's 1seven significant problems, including killing
americans with fentanyl and opioids. would you acknowledge bill clinton got china into the wto, george bush, joe biden and barack obama stood by -- >> i will acknowledge the fact that there's consensus in the united states that china is a bad actor. >> and the farmers are behind the president. >> the iowa soybean president says short-term stair step subsidies are a poor remedy for trade. she says your negotiations with china are all talk and no action. when are the farmers going to have this off their back? >> let's talk about the strategy here. there's a very clear strategy. going back to mar-a-lago in the spring of 2017, the president has always been willing to chalk to the chinese. when the chinese fail to deliver, when they renegged on
commitments he's taken action. if you look at the arc of negotiations, 100 days after mar-a-lago, they didn't do anything. we had a 301 investigation. we had to add tariffs when they failed to do things. we went to buenos aires, they made us more promises. osaka, they made us more promises. here's the thing, we talked with the chinese for deck careds about changing their ways. >> right. >> they are not going to change their ways unless the president has action that backs that up. >> here's the thing, you and the administration keep saying that the entire burden of these trade wars are being felt by china. >> that's true. >> others findimpo importers are shouldering 95% of the price change and china is shouldering 5%. >> you put on 10% tariffs on 200
billion -- >> are you sharing the research is wrong? >> 200 bui$200 built built -- b on tariffs, are consumers bearing any of that? no. we've seen no evidence in the price data. it's not showing up in the consumer price index. >> if these tariffs are not hurting anyone in the united states -- frnlgtsdz they're n >> they're not hurting anyone here. >> when the president delayed these tariffs that were supposed to hit that would have hit on christmas, why did you call it a christmas present to the american people to delay those tariffs if that doesn't specifically suggest that the tariffs would have been borne by american consumers here. >> let me wisdom of that decision. i was there when -- >> you're saying the tariffs are great and not imposing the tariffs are grade. >> let me answer this. >> go. >> so i was in the oval office when we had executives come in.
they said look, let's wait until december 15th because we bought all of our stuff that's going to be on the shelves, we did it in dollar-based contracts, which means we don't have any ability to shift the burden to the chinese. but what we're also doing, mr. president, is we're moving our supply chain and manufacturing out of china as fast as we can. so the president made a wise decision with building goodwill with the chinese and protects consumers from any possible christmas impacts. once we get past that, these businesses are doing their contracts in a way which won't harm consumers. we're in a situation leer whe u consumers have not been hurt. consumers spend 14 tr$14 tri14 year. 10% tariffs, that's one-fifth of a percent of possible impact. nothing. >> we're out of time. i want to give you an
opportunity to address the fact that you keep saying that china's bearing all the burden. that goes against what we're hearing from researchers at harvard, university of chicago, imf, federal reserve bank of boston. the editorial board of the "wall street journal" which is conservative. economist after economist says you're not being straight with the american people on who is bearing the burden of these tariffs. why are all these people lying and you telling the truth? >> so all i would say to you is look at the data. there's absolutely no evidence, no evidence whatsoever -- >> did you look at that study i told you about? >> there's no evidence whatsoever that american consumers are bearing any of this. we know china is slashing prices. they're slashing the value of the yuan. they're hemorrhaging, hemorrhaging the manufacturing base. be happy to look at some of those studies. i can tell you this, this president is committed to standing up to china and getting a good deal for the american people.
he will continue to do what needs to be done. the strategy has been put in place going back to mar-a-lago. we are winning. >> all right. i think there are a lot to of people out there who don't feel as though we're winning. >> certainly you don't. this has been a good exchange. i would simply say this is -- this is the battle of our time. because if we don't get it right with china structurally, that's going to harm not just our economy and our workers, it's going to harm the global economy. >> good luck with the trade deal. we all hope it happens. >> good to be here. >> thank you very much, peter navarro. it's a huge day on the campaign trail in south carolina, especially for one particular candidate hoping to pick up momentum with african-american voters what is mayor pete's plan to break through? i'll ask him live. that's next. stay with us. is that net carbs or total?...
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south carolina. mayor pete, thank you very much for joining us. we appreciate it. you've been struggling to win over african-american voters during this campaign so far, even as you have been rising. less than half black protestant christians support same-sex marriage. you're headed to a black church today. do you think the fact you're gay may be holding you back with at least some black voters? >> i think most black voters like most voters in general want to know what the candidates are actually going to do to improve their lives. when i talk to black voters in particular, there's a sense of having been taken for granted in politics. a sense that candidates have not always been speaking to them or earning their trust. so more than anything i think my job is to make sure that i explain how our vision for increasing the number of black entrepreneurs is going to leade. how the part of mir douglas plan for tackling institutional
racism will close the maternal mortality gap. a lot of these other factors start to wash away. once voters understand what it will mean for them, you versus the others are in office. we have six months to make sure we get that message out. make sure we demonstrate i'm serious, that's how i plan to earn support among black voters, whether it's here in south carolina or across the country. >> you've been critical in the past of mike pence's positions on lgbtq issues, and his views on these issues influences an anti-lgbt view on policies. you said i have a problem with religion being used a as justification to harm people, especially in the lbgt community. this is not the same thing, explain how it's different that there are democratic voters who might have an issue with lgbtq
rights, how is that different from vice president pence if they're both based in religious views. >> i think back to my experience in indiana when i was running for re-election after i came out in a community that's generally democratic but also quite socially conservative. i laid out the case on the kind of job that i was doing. what i found was a lot of people were able to move past old prejudices, and move into the future this is not an easy conversation for a lot of people who have frankly been brought up in a certain way, and are struggling to get on to the right side of history. but i also believe that this conversation is picking up speed, it's a healthy conversation. where it leads is an understanding that all marginalized people need to stand together at a time when so many americans in so many different ways, especially under this presidency are coming under attack. >> you told me on this show two weeks ago that you believe president trump is a white
nationalist. given that, do you think that it's a racist act to cast a vote for president trump in 2020? >> well, at best it means looking the other way on racism. i think a lot of people are wondering what kind of deal even that is supposed to be. you know, you look at what he said in that rally. you have no choice but to vote for me. and if you look at the numbers, basically what he's saying is, all right, i want you to look the other way on the racism, tolerate the negativity, accept the -- accept the instability of my administration because i'm going to deliver for you job growth almost as good as the obama years. that's what his argument amounts to now. it's part of the reason why he's unpopular. >> let's talk about gun control, if we can. you said that weapons of war don't belong in our neighborhoods. you served in afghanistan, you know what a weapon of war is your 2020 point, beto o'rourke
supports mandatory buybacks for assault weapons. you stopped short of that, but if you think so-called assault weapons don't belong in our neighborhoods, why wouldn't you support mandatory buybacks of assault weapons? >> well, i think we have a lot of work to do now on the basics. yune ver universal background checks, red flag laws, a ban on assault weapons and high capacity magazines. the things the vast majority of americans support that still haven't gotten done. we have some fundmentals we have to take care of and then work to make sure we're not forever the only country with more guns than people. >> president trump met with his national security team on friday to weigh this new possible peace deal with the taliban that theoretically could end the war in afghanistan. you have said that you agree with the president, that u.s. service members need to come home and soon. but i want to share with you what david petraeus, who led service members in afghanistan
and iraq under president obama wrote in the "wall street journal" a few days ago. a complete military exit from afghanistan today would be even more ill-advised and risky than the obama administration's disengagement from iraq in 2011. if the trump administration orders a full pullout, there's less doubt about what will happen. full blown civil war and the reestablishment of a terrorist sanctuary. you said you would bring service members home within the first year of your presidency. how do you feel about the concerns of general petraeus? >> the problem with the president's path, it's dictated by the american political calendar. you add to that the fact there doesn't seem to be any real role for the legitimately elected afghan developmen2k3w0 governme. it's a recipe for us going back because a problem unfolds. if we want to leave well --
we're going to leave. leaving afghanistan is the one thing that the right, the left, the taliban, the government, and the international community all agree on. so the real question here is will we leave well or will we leave poorly. to do it right we need to make sure we get the basic assurances about counterterroism that we need and that the afghan government is on the table so there's a formula for stability. we have leverage in this conversation. it's in the interest of even the taliban to make sure that we have the right kind of political settlement. but there has to be an actual strategy and it can't be driven by the timeline of the american election. it has to be driven by our ability to get a deal that makes sense. >> you told me you wanted to get u.s. service members out within the first year. is that not too quickly? >> of course i want to get -- i'd rather we be done with this today. right now somebody is packing their bags for afghanistan. 18 years after 9/11, wondering
why we're there. it's very clear we need to bring this to a close. now, we may need some kind of special operations or intelligence capability like we would in many hot spots around the world to protect american interests. right now the only way that we can get to that withdrawal, bring this thing to a close, is to have a political settlement that has the parties at the table. while it's good to hear that there are talks going on, it's concerning to hear those talks are leaving the afghan government at the sidelines. >> let's turn to the economy. you heard me interview with the president's trade adviser, peter navarro. president trump says taking his tariffs off china now would be economic surrender, saying the u.s. cannot make a trade deal without dialing up more pressure. you have vowed to lift those tariffs if you become president. what makes you think china would make a trade deal with you as president without the kind of pressure that president trump is now exerting with these tariffs? >> we have a lot of different forms of leverage in the relationship. it's also a fool's errand to
think you'll be able to get chinamentals of their economic model by poking them in the eye with tariffs. despite all of the noise from that previous interview, there's some basic facts you can't escape. american farmers are getting killed. i was in iowa talking with a lot to of farmers, many of whom are republicans or supported this president, they are now asking the question how much longer are we supposed to take one for the team? the president has said repeatedly that he's on the cusp of getting a deal. the president has failed to deliver a deal. i expect he will continue to do so. in the meantime we're paying the costs of these tariffs. we'll see more in the prices of consumer pparently is aware of this saying he will delay them to christmas what are we supposed to do after christmas? there's no strategy with dealing with the trade war in a way that will actually lead to results for american farmers or american
consumers. and part of the reason is this is not what it's going to take to actually guide china into a different direction. this is about a lot to more than just some tariffs. look, you consider the position that china is in now. yo you consider our loss of domestic competitiveness. we're not even investing in home the things that will allow us to be a world leader into the 21st century. if we're neglecting that, none of this is going to matter. meanwhile you have ahave an eco that is not working for most americans. there's a big debate now on whether we're on the cusp of a recession. i think we probably are. the more important thing is even during an expansion most americans have not been able to get ahead. that is a huge problem. the president has made it adunned baadun abundantly clear that he doesn't care. when it comes to rural america, to him it's the scenery he says
out his helicopter window on his way to his golf course. with american consumers, he's completely out of touch the impact it will have on the prices we pay in a trade war where both sides will lose. >> pete buttigieg, thank you very much for your time. good luck on the campaign trial. >> thanks. good to be with you. even grandmothers are not off limits in the president's latest political battle. why is a key u.s. ally joining this fight? that's next. this is the couple who wanted to get away who used expedia to book the vacation rental
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economic pitch to voters in new hampshire after a tumultuous week for markets and growing fears of recession. is the president getting nervous? let's discuss. i saw you pumping your hand there. >> yeah. >> you're happy that for once he's focused on the economy. >> talk about the economy. it's great. >> instead of other issues. >> absolutely. >> do you get concerned at all about the president tying his future too closely to the economy given the fact who knows what will happen? >> he's tied to the economy -- you might as well pump it when it's good, take advantage of it. i think everything this president is doing from his tax policy to his regulatory policy, i disagree with the studies you talked about, to the trade policy are all positive things for him on this economy. listening to peter navarro in the previous interview, the folks in southwestern pennsylvania, blue collar democrats not just there but across those states trump has to win are cheering saying go get 'em. we're tired of the chinese, you know, stealing our technology,
and taking our jobs. and you're standing up for us, you're fighting. i understand it's going to be a long haul, someone is finally fighting. that's what they're looking at. >> until the bill shows up. until they have to pay for this president's policies. the president is pushing this sort of -- all of us have gotten it in our in-box, these get-rich schemes. if you do this real quick, send some money here, we'll make you this much money. this president inherited a good economy from president obama. the obama administration had to rescue us from the ditch, put us back on track. led the way to the most sustained long-term job growth we've seen. this president has come in with whatever you want to describe his economic policy -- doesn't pay attention to the facts. we heard that in the earlier segment. a rejection of aull economists and studies that are demonstrating the failure of this administration. he started the tariff war. he provided the tax breaks for the top 1%, now folks are
getting a sense of the reality and impact of it. they don't like it. it has him nervous. that's why he's overcompensating on this issue of the economy. >> i think it's great he's talking about the economy. i agree with rick. i don't think it's great he's talking about taking it hostage. he does have a great economy. you can talk about the good things. a lot of people are wondering how long the good times will ro roll. even economy is good, they cut a lot of programs. if the bottom falls out somewhere people are nervous. this is an administration that projects instability. noticed in the interview with peter navarro they're already starting to set and assign blame to other people. this is part of the chaos and uncertainty. oh, we'll blame the fed. we'll blame congress. it makes it feel like something bad is coming, that's a harm in itself. >> he's rooting for a bad economy here. that's what he was saying in that speech. if he's not elected president, he is saying our economy is going to be in the tank.
there are bad economic indicators this past week, he's running scared now. if you have the opportunity to talk to the american people, why aren't you talking to them about how you'll lift wages? speak to that lowe's worker who is losing his job. if he rooting against the economy pitch, he will lose. >> israel banned rashida tlaib and omar from visiting israel. it's a move that came after president trump called for it. called for israel to not let them in, even though israel previously said they would. tlaib was granted permission on humanitarian grounds to visit her grandmother on the west bank, she declined saying her free speech was violated. president trump said israel was nice allowing rashida tlaib to visit her grandmother. as soon as she was granted
permission, she grandstanded and said she would not visit israel. could this be a set up? israel act the appropriately. >> i think time and time again what we've seen in our internal polling is that voters, especially trump voters, are sick and tired of policy making via tweet. it's a sad day. anyone around this table would agree -- we don't agree on much, what i can say we agree on is that every member of congress should be allowed to go to israel. that is clear. >> do you agree with that? >> they decided to not go on a bipartisan trip and go on a trip sponsored by an organization that is anti-semitic, put out vile, even blood -- >> mifta. >> right. this is a -- this is a -- they aligned themselves with neo-nazi groups. >> mifta. right. this is the group sponsoring them. israel has every right to say that they'll -- that group should not be a sponsor.
if you want to come to israel with the bipartisan group, i guarantee you israel would say yes. they said yes coming to visit your grandmother. if you're sponsored by a group that wants to call for the destruction of the state of israel, they have every right to say no. >> they may have the right to do it. it's the wrong decision to make for a democratic government. i think it's bad policy for the state of israel. i think it does damage in a lot of ways the -- i think the goodwill that has been built. israel is a strong ally of the united states. these two women, these two members of congress, like it or their position, they are the appropriators of government in this country. they have the responsibility for oversight. i think it is -- >> let me ask you a question -- >> i will say this -- if a white nationalist group said to some dutch parliamentarian we'll invite you over here. would the united states say come over. have these white nationalists sponsor you. would you say yes?
would you say yes? >> these members of congress ought to be measured on their record what their comments on. what their obligation is to the -- >> you can't ignore the group. >> i agree with that. it's rate has a long prohibit the entry of those who boy cat a boycott and sanction. did she want to go over there and participate in protests or see her grandmother? once she appealed on humanitarian reasons, israel said come in. >> i want to join with the people who want to destroy the state of israel. >> this is a place where j street on the left and aipac agree and senator lieberman who not one of us could argue is anti-semitic in any way. i visited this state of israel several times. as mayor of tallahassee, we had a sister city relationship. i feel the more folks that you allow into israel, to get a
firsthand look, meet with palestinians as well as israelis. this is their obligation as members of congress. guess what? i don't agree with anything steve king says f they were to ban him, i would also be on the record as saying that is inappropriate and as a member of congress he ought to be allowed to travel. >> we'll squeeze in a quick break. after two gun massacres in a matter of hours, 2020 democrats are promising bold action. award winning interface. ♪ ♪ award winning design. ♪ ♪ award winning engine. ♪ ♪ the volvo xc90. our most awarded luxury suv. ♪ ♪ at t-mobile, for $40/line for four lines, it's all included for the whole family. like unlimited with netflix on us.
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we must as a country buy those weapons, take them off the streets altogether. there's millions of them -- >> the narrative for responsible gun owners that the federal government is going to come in and take away all of your guns, i think that feeds that. >> democratic division. beto o'rourke calling for a mandatory buyback of assault
weapons, which are some forms of semiautomatic weapon. other democrats such as steve bullock skeptical. let's discuss. i'm old enough to remember when democrats were afraid of talking about any sort of gun control, basically between al gore's loss and hillary clinton running for president. there was like 16 years of democrats just tiptoeing around until after the sandy hook shooting. has there been a real change here? >> absolutely. the politics on this has changed. now you have 90% of the american people who support background checks. if you're a republican running for congress, running in 2020, you're in some troubled waters if you're not supporting background checks. i think that what's going to happen here is the house hopefully will -- they moved forward legislation here. you're having an important conversation in our party now about how exactly do you reduce gun violence. which i party is not even having.
what do you think? >> it seems like there's broad consensus to expand background checks, especially repeated domestic violence offenders, red flag laws to get guns out of the hands of the mentally ill, looking at social media postings, possibly expulsion from school. people are interested in that policy. why are we talking about buybacks when there's so much opportunity here nlts min the m. you talk about a buyuyback, it will be difficult to administer, track, be expensive. there's more we can do on background checks, red flag laws, educating the public to lock up the guns you have and keep them safe and out of the hands of children who too often die from accidental deaths. >> amanda is a republican, you hear them, republican women, moms talking about an opening of the mind in terms of some forms
of expanding background checks. are some people in your party going too far and at risk of alienating people, not in terms of 2020 but just getting something passed? >> sure. i think there is a reckoning that is happening now in this country on guns. on the left and on the right. just yesterday i think it was yesterday moms demand action led thousands of people in cities all across america, suburban moms, urban moms and dads and others against this issue. the truth is is something has to give. the stranglehold that the nra seems to have over congress, over washington, d.c. ain my opinion is insane. how can we put the priorities of one interest group above the safety, security of the american people? our kids are going back to school this week or next or after labor day. my wife and i are both terrified of the fact that for the last five years we've put and surrounded our kids with as much love and care as we possibly
could. now they'll show up and have to learn what it means to respond to an active shooter drill in school. so something has to happen here. we will have to eventually, in my opinion, get around to the conversation of what we do with weapons of war that are still out there on our streets. >> your fellow pennsylvania republican, pat toomey, tried to push for an expansion of background checks with another strong nra supporter, joe mafrnlg manchin. does the republican party need to give on this? >> i think the republican party will focus on what the problem is. the problem is not the gun. the problem std peopis the peop those guns. the problem is not trying to ban guns or trying to put more gun laws in place because the people who are committing these crimes are breaking the law and they don't really care whether they violate gun crimes or not. the reality is what the democrats are doing -- pete buttigieg was a good example this morning. you asked him the question has that gone too far? he said let's do what we agree on, then we can get to that.
so even democrats who are not calling for gun bans are saying let's do this first, then we can get the -- >> wait a minute -- that's like -- it's not the opioids the problem, it's the in ohio -- 30 seconds, 30 seconds and they were able to mow down a whole group of people. it doesn't make sense. it's the weapons we have to get rid of. lady liberty getting a trumpian makeover. fact is, every insurance company hopes you drive safely.
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specifically the poem chiselled next to her, which trump administration official rewrote. >> give me your tired and poor who can stand on their own two feet -- >> perhaps while their editing history, lady liberty might benefit from a trump makeover. >> i want to show them i don't care. >> ail-e although the first lad not menacing enough. >> if they come into the united states illegally, they're getting out. >> the president would probably want her to be holding something other than a welcoming torch. perhaps a more menacing flame-thrower. >> i could do much better than that. >> while we're at it, what is she doing in new york city harbor? she should be at the border. >> when they throw rocks like they did at the mexican military police, i say consider it a rifle. >> then she can rest and lie down and the president will finally get his border wall.
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this is "gps," the global public square. welcome to you in the united states and around the world. i'm fareed zakaria. we'll start today's show with fears of a global recession. the u.s. and china are in a trade war and it's been more than ten years since the last recession ended. this week markets were rattled. we need to buckle up. i have a great panel to discuss.