tv Fox News Sunday With Chris Wallace FOX News August 25, 2019 4:00pm-5:00pm PDT
just as they were written in jk rowling's books. the price tag is unknown. and that is how fox reports this sunday, august 25th. i'm mike emmanuel. thanks for watching. we will see you next weexd. -- next weekend. >> the trade war with china escalates dramatically as beijing imposes new tariffs and president trump fires back. with the president attacking both the chinese and the federal reserve, he meets with world leaders at the g7 amid a global economic slow down. we'll discuss the economy, trade , and new fears of a recession with treasury secretary steven mnuchin, whose traveling with the president. it's a fox news sunday exclusive . >> this is about him not keeping his promises to the middle class with his country.
we'll get reaction from presidential candidate senator amy klobuchar and ask about her plan for the economy in a fox news sunday 2020 sitdown. >> plus our sunday panel on the president's plan to end family separations at the border, by allowing children to be detained lo this new rule will do even morehem together. >> all right now on fox news central. >> chris: hello again from fox news in washington. president trump is back on the world stage at a critical time for the global economy, as trade disputes are raising fears of a recession. all eyes are on mr. trump to see how he'll navigate tensions with allies at the group of seven nations summit in france. one of the big questions just how far he'll go in his standoff with china. in a moment we'll speak
exclusively with treasury secretary mnuchin whose at the g 7 with the president, but first , john roberts has the latest on the president's prep. john? reporter: chris, good afternoon to you which is a short distance away from where the g7 summit is being held and the escalating trade war between the united states and china really taking center stage here at a breakfast meeting with the new uk prime minister boris johnson, president trump asked this morning if he has any reservations about where the trade war is headed. president trump: yeah, for sure. might as well. do you have second thoughts about escalating the war? president trump: i have second thoughts about everything. reporter: after president trump 's comments were interpreted as regret for the trade war the press secretary later said if the president regrets anything it's not raising tariffs higher. president trump did say he has no plans at the moment to invoke emergency powers to force american companies to stop doing
business with china. also insisting he has under no pressure from g7 allies to end the trade war. president trump: i respect the presidents and administrations allowed them to get away with taking hundreds of billions of dollars out every year, putting it into china, so the answer is nobody will tell me that. reporter: in his first meeting with president trump since becoming uk prime minister, boris johnson mildly voicing his descent. >> the uk [indiscernible]. reporter: as the trade war with china remains at a hot boil, president trump today announced that he and japanese prime minister are very close to rewriting their trade relationship. president trump: when it gets done we'll possibly into by the end of this meeting. reporter: another topic of sharp controversy at g7 president trump's desire to invite russia back into the fold and ressurect
the g-8. president trump: i think that they will agree with me and some people don't necessarily agree. reporter: next year's g7 summit will be held somewhere in the united states. as the host, president trump can invite anyone he wants to the summit, even vladimir putin. chris? >> chris: john roberts reporting from the g7 in france john thanks for that. joining us now for an exclusive interview from the summit treasury secretary steven mnuchin. mr. secretary i want to ask you first about the president's comment this morning that he has second thoughts about the trade war with china, which set off some confusion which i hope you'll clear up. which is it? is he regretting how far the trade war is going? is he thinking about holding off on another round of tariffs, or does he wish he'd been even more aggressive? >> well chris it's great to be here with you. the president is determined to have fair and reciprocal trade with china and this morning's
comment to back that off it was meant to say that he's determined as ever on this issue he wants a good deal. he wants free, fair, and reciprocal trade. >> chris: president trump tweet ed this on friday about american businesses. i want to put it up on the screen. our great american companies are hereby ordered to immediately start looking for an alternative to china, including bringing your companies home and making your products in the usa. mr. secretary, is the president ordering u.s. companies to stop doing business with china and if so, under what authority? >> well had ewould have the authority to do that if he declared it an emergency. he has not done that. i think what he's saying is he's ordering companies to start looking because he wants to make sure to the extent we are in an extended trade war that companies don't have these issues and move out of china, and we want them to be in places
where they are trading partners that respect us and trade with us. >> i want to just touchdown on this a little bit because the president claims he does have authority on something called the emergency economic powers act passed in 1977. here he is on friday night. president trump: well in 1977, we had an act passed, national emergency act by the absolute right to do that. we'll see how that goes but i have the absolute right. 1,977, check it out. >> chris: there are a couple of problems here mr. secretary. first of all the president has to declare a national emergency, which he hasn't secondly the act only blocks american companies sending the transfer of future funds not past investments, and it also in the past the last 42 years its only been used to stop businesses with out law nations or with drug dealers, not with trading partners, so is this
really a realistic option for the president? >> well the president has lots of options, and again, our first choice is to have fair and reciprocal trade. the reason why we put on tariffs is for the last two and a half years we've been working with china to rebalance the trading relationship, and it hasn't re balanced. the trade deficit has grown significantly, despite assurance s from china, that we would improve this and as you know when we were close to a deal the president was happy, and they backed off of that. so the president does have lots of authorities. you know we use these authorities successfully with mexico, on certain issues there. we now are close to hopefully having the u.s. mca passed and we had a terrific meeting with canada on this and we're looking forward to getting that agreement passed. >> chris: just to look this up the president fully intends to impose the next round of sanctions as he's announced on september 1 unless there is some
break in the negotiations? >> absolutely, and to the extent that the chinese respond again, you can assume the president will consider all his options. >> chris: i want to ask you about another tweet from the president on friday, and let's put this up on the screen. my only question is who is our bigger enemy? jay powell the head of federal reserve or chairman xi, the president of china. question does the president really regard the chairman of the federal reserve whom he appointed to be an enemy of the country and i guess a larger question which is with all of these statements from the president, all of these tweets, how seriously, how literally, should we take what the president says? >> well, chris let me first comment on the president xi's side of this because i was with president trump today and he was very clear that president xi is still his friend, he has a very
good relationship with president xi. we've worked on lots of different things together but as it relates to financial issues and trade, we have become enemies. we're not making progress, but this was not intended to send a message that president xi is his enemy in the sense of all of these different areas, and the other thing i would say is we're very hopeful that there will be a humane solution in hong kong. we're obviously watching what's going on there. the president again reiterated he thinks that president xi sat down with the protesters, he could get this over within a few hours so we're hopeful there will be calm in hong kong. >> chris: let me pick up on that. if there isn't if the chinese were to crackdown as they did in 1989, what impact would that have on u.s. relations with china? >> chris, i'm not going to speculate because that's not the outcome we're hoping for. the outcome we're hoping for is a peaceful outcome. i think you know, there was a deal with the uk when hong kong was transferred over.
we'd expect china to meet that deal, and it's something we hope they respect the laws and they respect what's going on there but president trump is hoping there will be a humane solution there. >> chris: so you were saying well chairman xi is not an enemy of the country but you didn't say the same about fed chairman powell. >> well i really wanted to first comment on president xi, on powell i think i don't think it was a literal comment that he's an enemy but again you know my position on the fed is that i don't make specific comments about the fed. i meet with chairman powell weekly, and as my role as treasury secretary i don't comment specifically on the fed. chris: but this does bring up the bigger question which i do want you to address which is for americans, whether just people, people investing, ceos, when the president says something, how seriously, how literally should
we take it? >> i think most of the time you should take it very literally. i think sometimes he says things that are meant to be a joke. obviously the comment that recently on the chosen one that was said tongue and cheek that wasn't meant to be a serious comment and most people know the president is serious about china and trade, so people should understand that. he is very determined. he's trying to correct something that's gone on for the last 20 years, where we have a very unfair trading relationship that's been a tremendous disadvantage to u.s. companies and u.s. workers, and he's working hard to rebalance that. >> chris: when chairman powell spoke at that fed conference out in wyoming on friday, he said one of the greatest headwinds that he and the economy are facing are the president's trade policies. in fact there are a number, and i think we koala degree, there are a number of signs of strength in the economy, especially jobs, especially gdp growth, at least solid signs of
strength, but there are some concerns, and i want to ask you about those. growth of business investment dropped from 9% last year to 1.4 % now and the manufacturing sector has contracted for the first time since 2009. secretary mnuchin, many financial experts say that one of the biggest headquarters that they now face as companies decided whether to invest or deciding to put more money in the stock market is uncertainty about administration policies and that that uncertainty is a much bigger problem than whether or not the fed should drop interest rates 100 basis points or 1%. >> chris, let me first comment that the single biggest thing that everybody is talking about here in france is the u.s. economy. it's the bright spot of the world. we have growth. people are now talking about doing tax cuts and cutting regulations in europe, so people
are looking at the trump economic policies and wanting to replicate them because that's the reason we have all of this growth. second issue i'd say is the consumer is very very strong. we're seeing that across-the-board, and the third issue i'd say is on these other statistics i think you've got to look at them quarterly. there's a bunch of volatility. at the end of last year people worry about the economy slowing down based upon some numbers and then the numbers came out at the beginning of this year and it was clear the economy was going back and as it relates to uncertainty there's only one area and that's trade. we're close to having a major announcement with japan. we expect to have u.s. mca passed in the next month or two that will add a significant amount to u.s. growth and growth in mexico , and in canada. we had the korea deal done. there's three or four other major agreements that ambassador lighthizer is working on so these trading relationships are
going to add significantly to growth and we're still somewhat hopeful that china will come around and enter into a fair, good deal with us. >> chris: let me just pushback a little bit on the idea that the only concern is trade because the president has flipped on a few issues, for instance tariffs, and taxes, in recent days and i want to play some of his contradictory statements. president trump: the tariffs are not being paid for by our people it's being paid for by china. we're doing this just for christmas season just in case some of the tariffs would have an impact on u.s. customers. payroll tax is something that we think about and a lot of people would like to see that. i'm not looking at a tax cut now we don't need it. we have a strong economy. >> chris: the issue is whether or not you can see this widely, i'm sure you've read it too, secretary, whether this administration has a steady path to keep us out of recession and the question i guess i have for
you is as the markets open on monday after falling 600 points in just a few hours on friday, what do you have to say to that? >> chris, first of all we don't see a recession on the horizon. i don't think the yield curve reflects a recession. i think the yield curve reflects the fact that it anticipates the fed is going to lower short-term rates and the long end has already reflected that. that's the first thing. the second thing on tariffs, the reason why the president decided to delay 150 billion of tariffs was because u.s. companies had already purchased those goods for holiday, in u.s. dollars so it was a very specific situation that had nothing to do with passing on or not passing on, those had been committed to prior to the tariffs going into effect and that's something we wanted to do as it relates to holiday as it relates to prices going up, going forward we have seen china depreciate their currency. that's going to mean that a significant amount of the tariff
s are paid for by china. we haven't seen any inflation yet. we haven't seen prices go up. we will have some exceptions for the rare circumstances where we have problems and ambassador lighthizer is running that so i don't think there's any miss characterization on the tariff issue, and i'd be happy to comment on the tax issue if you want as well. >> chris: we're out of time, but that's only a better reason for you to come back when you're back in this country and sit across the desk from us and we'll have a conversation. secretary mnuchin thank you. thanks for taking time from the summit to speak with us and we'll be tracking developments out of france, sir. >> my pleasure. look forward to seeing you soon. >> chris: good. up next we'll bring in our sunday group to discuss rolling concerns about the state of the economy and the presidents increasingly bitter war with fed chair jay powell. let's be honest, you need insurance. but it's not really something you want to buy.
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president trump: we're having a little spat with china and we'll win it. we put a lot of tariffs on china today as you know they put some of us, we put a lot on them. chris: president trump defend ing his escalating trade war with china as he left the white house for the g7 summit in france and it's time now for our sunday group. gop strategist karl rove columnist for the hill, ron williams, julie pace, washington bureau chief for the associated press, and fox news contributor, but karl, what do you make of the president's twitter storm on friday when he's saying ordering u.s. companies to get, ordering u.s. companies to get out of china, the federal reserve chairman is an enemy of the
country. what are we to make of all of this? >> we make that it's a wild wild friday, but let's step back for just a moment. the president is making a gigantic bet. this re-election depends on a strong economy, the democrats nominating somebody out of the mainstream or depicted as out of the mainstream in the american people and doing something to rehabilitate his strength among suburbans who deflected to the democrats in 2018. friday raised the stakes on the economy. there's a lot of good in the economy. democrats talk about it. you wonder whether they are fear ing for the economy or hoping for a recession, but think of this, consumer confidence up in july and small business numbers up in july, the confidence of small business people from the top, 7% of the 50 some odd year history of their poll, single family housing purchases up nearly 2% over july. we have lots of good numbers. >> chris: then why is the president acting the way he's
acting? >> he's made a big bet on doing , redoing the relationship with china, and that involves some challenges to our economy, and we saw it on friday. he tweets 600 points later we're at the bottom of the day on the dow but having said that, paul samuelson was right when he said the stock market has called nine out of the last five recessions, so i don't put a lot into that one day, but the president is making a huge bet that he's going to be able to pull off a deal with china that's going to be good for the economy and that the economy will be in good shape in 2020. >> chris: let me pick-up on exactly on what karl said from what you're hearing from your sources at the white house how freaked out is the president at the possibility despite all of this good news that there could be a recession and that the tensions with china could help precipitate it. >> from what i've heard he toggles between two different views on this. on the one hand he watches the markets incredibly closely. he believes the markets are a signal of the strength of the economy and so he gets
incredibly nervous, incredibly worried when he sees these drops >> chris: he's the one the market was doing just fine on friday. >> until he tweeted. >> chris: at 11:00. exactly that's the cause of that drop but he's seen other indicators as well so he is nervous about a downturn in the economy, but then he has this part of him that also thinks some of this is being ginned up by his political opponents and the media is making too much and he has this tendency to say look , everybody in the sort of stability has warned me against my own election prospects against all of these negative outcomes from all of these different things i've donald i haven't seen that come to fruition why would this time be any different and that's why he keeps the pedal on the gas largely on the china trade talks >> chris: what's curious about all of this is exactly the fact that we've talked about which is that on a lot of levels the economy is pretty solid. yes there are some concerns that you've got 3.7% unemployment, you've got gdp growth still over
2% and sometimes, the president focuses on that. take a look. president trump: i think the word recession is a word that's inappropriate because it's just a word that the certain people are going to be kind and certain people in the media are trying to build up because they would love to see a recession. we're very far from a recession. >> chris: but then we say you get a day like friday the president saying we're far from a recession where he lashes out at china, and the fed and starts ordering u.s. companies around, and the question becomes or at least in my mind, does he believe his own argument? >> i think he does strongly and i want to point out that just after the conference where chairman powell came out and said look, market policy we're not going to establish market policy to effect a recession or predict it but we will use it for trade policy developments, and that an hour later is when the president tweeted that out essentially escalating the trade war, and potentially spurring the drop in interest rates.
i want to point out that the market responds to stability and to certainty and that interest rates are not the only predictor of a recession nor is it the only tool to stay that off and i think what would be more important and what perhaps the president understands is that the achievement of a substantive trade deal with china, with the two most primary components being then by more product from us and us enlarging our market share over there including ip, that is the largest indicator and that would be the largest saving off for a recession and especially with the european and asian markets we're not an iceland or isolated so yes our economy is robust but there are others in recessions or on the brink of recessions germany included with negative interest rates and going back to the larger picture the most important thing is the messaging with our trade deal. one of us cannot win. we need to save face and us and china for there to be a global positive response. >> chris: of course but as kar l says that depends on getting a deal. if you don't get a deal all of
that becomes a huge issue. we have to talk about the g7 that's where the president is now. he's meeting with the other six great industrialized nations, and he seems to relate this to be the odd man out on a lot of issues whether it's trade. whether it's iran, whether it's climate change. also now about reassured mitting russia, and i think in fact some people are calling it the g6 plus one. >> right it used to be the g-8. >> chris: right. >> and in fact when he was leaving the president went out of his way to blame president obama for getting russia out. i mean the reason russia is out is they invaded crimea and but i think that what you get is the differences about russia and we admitting russia, there are differences about brexit and boris johnson, trump is a huge boris johnson fan. but money of the other european leaders don't want britain to become a junior partner to the
united states. they see it as undermining the european union and then of course, finally you have the trade war with china in which the presidents over there and he wants them, he wants the european countries to focus on their economies, germany is contracting, you have a lot of those countries and slow downs. he wants them to spur their economy. they see the principle principal problem globally as the trade war and that the trade war is having negative consequences not just for china but for people who trade with china, people who do business with china, so they want to get away from this nationalistic america-first or nation-first thought. >> chris: good luck with that. >> i don't think it's going to happen and by the way in answer to your earlier question isn't it obvious he comes out and says how about cutting payroll taxes? how about we look at capital gains taxes differently and he says no, i'm not doing that. yes he's worried about the economy. >> chris: let me ask one last question we got about 30 seconds left. the president blew off the last
g7 in his fight over tariffs. what do you expect this weekend and how much does he hate these big conferences? >> he hates them and that's not unique. american presidents i think most world leaders don't like these summits. they can be a little bit mind numbing actually, but part of the problem that he has when he goes over there is i think he likes stirring it up with some of these world leaders. he likes creating a little bit of controversy and therefore, it's pretty unlikely we'll come out with much of o an agreement. >> chris: i do want to say before he was on the air i asked secretary mnuchin how was the food and he said it's france the food was fabulous. panel we have to take a break. we'll see you all a little later up next democratic presidential candidate amy klobuchar on her plans for the economy, gun control and winning the democratic nomination. senator klobuchar joins us for a sunday sitdown, next.
chris: democratic presidential candidates have until wednesday to qualify for the third round of the debates next month in houston. so far ten have qualified as the field is beginning to shrink. someone who will be on that stage in september, senator amy klobuchar, who joins us now for a fox news sunday sit-down. senator, welcome back. >> well, thanks, chris. it's great to be on again. chris: you say that president trump is right to take on china, but that he's going about it the wrong way. so given all the problems with trade with china, how would president klobuchar get tough with china and get them to clean up their act? >> in this case, chris, i think you've seen it in so many other areas, he creates chaos, and i don't think that's good for
getting an agreement with a country like china. you looked at what he's done, and you pointed this out earlier, you know, august 1st he claims he's going to put tariffs on $300 billion worth of new goods. then august 13th they dial it back. then on august 20th, he says he's going to lower taxes because he's concerned about what's happening which would, of course, add even more to our debt. and then the next day he dials that back. china's watching, and i think when you look at trade negotiations with the world -- and i saw this in my role as the democratic chair in the senate of the joint economic committee -- you've got to keep your promises, and you've got to keep your threats. he has done neither. and so i think that's the first thing, is that this negotiating by tweet hasn't been working. we're at an all-time trade deficit at $891 billion -- chris: but, senator -- [inaudible conversations] senate, let me just push back on this though. >> sure. chris: because the fact is that
the u.s. economy, and there are some troubles, but it's still by historical standards pretty strong as we were discussing with the panel. historically low levels of unemployment, gdp growth not quite the 3% the president promised, but still okay. haven't the president's policies -- turning now from trade to just economic policy -- haven't the president's policies of tax cuts and especially deregulation been effect i have? effective? >> i don't think so, chris, because i look back to the downturn and how we got out of that. that was our workers, that's been affected. they worked really hard. and our businesses that got us out of that downturn and got us to a better place right now of some stability. but what a great leader does, you know, there's this old saying that you make decisions not just for this generation, but for seven generations from now. in this case we have a president that can't even keep his decisions seven minutes from now. so what a great leader does is rises total challenges of our
times. we know what they are. republicans, independent, democrats, i think people know. you can't keep escalating this debt like he has. we just found out that over a trillion dollars we're going to reach in the deficit by 2020. that's a big problem. you have to -- chris: but barack obama had a huge -- and i understand part of it was out of recession, but barack obama added more to the debt than anybody in history. i'm not saying that -- >> well, i'm looking -- chris: -- trump isn't, but i didn't hear a lot of people squawking about that. >> but, chris, look at where we are now. different situation. we're at a stable time in the economy. we hope we stay there, and that is when you work on these challenges; climate change, immigration reform. we know we need workers in our hospitals if our nursing homes, in our fields and in our factories, starting small businesses. this has been america. and so what bothers me is when you look at any of these long-term problems and goals and things we have to get done, he's not doing them. and i just, i was just in iowa,
you know? soybeans mounting up in bins. you've got pork at its low export level in nine years. and so go back to the negotiating table, let the federal reserve be independent, start pushing on these long-term challenges that i just mentioned as well as infrastructure, long-term care. you've got a doubling of the senior population coming up, and they're still relitigating the affordable care act instead of dealing with that and alzheimer's. i think we need to start looking to the future and dealing with those challenges. chris: well, let's talk about the immediate future in politics and where you stand in the democratic race right now. in the latest national polls, you're 11th in the real clear politics average with 1.2%. in iowa you're sixth at 3.5%. and in new hampshire you're tied for seventh at 2%. now, three candidates dropped out of the race this week. you are going to be on the
debate stage next month, but what's the threshold for you? at what point does this not make sense? >> oh, this makes perfect sense to me, chris, and that is because i've always known that i wasn't going to jump to the front of this pile right away. there's 20-some people. i look at it this way, i made the playoff, all right? and i've done that coming from a position of a state that's a little, not as big as some of the ore ones and coming -- other ones and coming from the position where my whole focus was when i announced in the middle of that blizzard was to bridge the river of our divides to get to a higher plane in our politics. and i have won with moderates, and i have won in rural, and i have won even with a bunch of republicans as well as liberals. and i do that by bringing people together. and day in and day out i have heard from people out there that's what they want right now. chris: all right. >> they don't want a whiner in the white house.
they are tired of hearing the president whining every day when they're struggling to make ends meet. they want a leader. a leader should lead. chris: you talk about being a moderate, and you are running in the mod rate lane. i want -- moderate lane. you support a public option but not medicare for all. you call the green new deal aspirational, and you oppose decriminalizing illegal border crossings. joe biden is also in that lane, and he's leading, beating you in that lane at this point. you say you are, you used this phrase a candidate for our times, which may be a nice way of dealing with the age issue. i want to ask you something honestly, and i don't know that you're going to give me an unguarded answer, although i know that you often -- in private you do. honestly, do you have concerns, as you see the gaffes by joe biden mounting up day by day, week by week, do you have concerns as to whether or not he is up to taking the fight over
the next year and a half to donald trump? >> i'm focused on my own campaign, chris. i've made that very clear and taking it to donald trump movements i have strong arguments -- myself. i have strong arguments. i am from the midwest. as you know, democrats had trouble winning the midwest in 2016, but we can do it. i can lead the ticket because i've got an optimistic economic agenda for this country, and i know people are looking for something else. and i have a proven track record of bringing in independents and moderate republicans and democrats. and this isn't just about this campaign. i am not running for chair of the democratic national committee. i am running for president of the united states. and if you want to lead, you've got to run a campaign that's going show people how you're going to goive. and we have had a time like no other with the shootings in dayton and in el paso, the divide that the causes every single day where people are just crying out for a different kind
of leadership. and that's why these debates coming up and the going into spring i'm going to have a chance to do that. and as you know, you are a veteran watcher of all this is and commentator, you know we'ved had plenty of presidents that have been in single digits at this moment that over time the american people got to get to know them and said, you know what? this is my candidate. chris: all right. i've got less than two minutes left, and finally i want to ask you about ilhan omar, the wonk come who's a member of the minnesota delegation. you called -- you talked before about the president stoking divisions. you called the president's comments about her, quote, racist and reprehensible, but what about omar's statements one of which i want to play, she made just this week. take a look. >> we give israel more than $3 million in aid every year. this is predicated on their being an important ally in the region and the only democracy in
the middle east. chris: now, you couldn't see it because you can't see our feed, but when she said the only democracy, she did it in air quotes. are you troubled by congresswoman omar questioning whether or not israel is a democracy and earlier saying that -- explaining american politicians' support for israel as, quote, it's all about the benjamins, baby? are you prepared -- you talked about the president and his divisiveness, are you prepared to call out congresswoman omar? >> i have. i don't agree with her on her positions on israel, and i certainly don't agree with anti-semitic comments. all of that being said, and i have been very clear about that, i thought this decision by the president to say that elected members of congress who are duly elected shouldn't go to visit israel, that they shouldn't be allowed in that country which is our ally and, yes, a beacon of
democracy in a really tough neighborhood in the mideast, i think that was wrong. and i was pleased to see that aipac and j street and other leading jewish groups came out and said the same thing, because when people go to israel, they see -- despite my disagreement with some to have policies of the prime minister there -- they see a democracy. and i think that is one of the worst things, a strong the democracy allows people in their doors, they don't shut them out. chris: senator klobuchar, we're going to have to leave it there. thanks for your time. >> thank you. it was great to be on, chris. chris: well, please come back, and safe travels on the campaign trail, senator. >> thank you. chris: when we come back, joe biden's campaign says democrats need to focus on one thing, beating donald trump. we'll is ask our sunday panel whether the front-runner can make that case to voter, or next. ♪ ♪ so i can buy from enterprise car sales and you'll take any trade-in? that's right!
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>> you have to swallow a little bio say,ing okay, i personally like so and so better, but your bottom line has to be that you have -- >> we have bigger aspirations than that. donald trump is the floor, not the ceiling. chris: making the case why joe biden's electability is the top issue in 2020 while rival senator cory booker tries to poke holes in that argument. karl, you helped george w. bush win two presidential elections. do you think -- [laughter] this message of you may like somebody else better, but swallow hard, and he's the guy that can beat donald trump, is that the kind of message that you can win a party's nomination in the election? >> no, you can't. but that's not the only argument that's being made here.
let's step back a little bit because a presidential primary is a collection of individuals. biden is making two arguments, one explicitly and one implicitly. the explicit is i'm the most electable guy, and that's not sustainable. but his opponents are helping him make the argument. when you have elizabeth warren out there and bernie sanders and kamala harris and maybe pete buttigieg as -- those are the only people who really have a chance at this nomination, with all due respect to senator klobuchar. [laughter] chris: we just wasted a few minutes. [laughter] >> these are vanity candidates, what julie and i are talking about. was there somebody who was at single digits? i think maybe james k. polk -- chris: i was going to say i don't think anybody's been this low this late. >> there are two arguments that the biden campaign's making. one is i'm electable, but the other one there, he's got a lot of help. this week bernie sanders came out with a $16 trillion
alternative to the green new deal, and they're i all endorsing weird stuff and putting themselves in knots. chris: the biden gaffes, however, are starting to pile up. here was the former vice president just, i think it was on friday, talking about how the assassinations of martin luther king and bobby kennedy in 1968 affected him when he was still in college. >> imagine what would have happened if, god forbid, barack obama had been assassinated after becoming the de facto nominee? what would have happened in america? chris: i know, emily, the president likes to say he lost it, and you could argue that's political rhetoric, but these statements, misstatements, curious statements, they're piling up. >> they are, and i think it's why he's quickly becoming the starter nominee for a lot of voters which is, essentially, who they support while they're waiting for someone to really inspire them. and i think to your point, karl,
the electability argument is fast becoming -- voters, especially democrats, need to be inspired s and we see when they vote with their head, it's catastrophic. we've seen that with gore, dukakis and kerry. and here as this campaign falters, there are others clearly waiting in the wings that can inspire. and i think that, you know, the head of the monmouth polling institute which just released a poll which still proves that he's leading in the polls in iowa said i've not yet met one biden voter that in any way, shape or form is excited about voting for him. chris: and then there was president trump's controversial comment this week which he made one day and then doubled down the next day. take a look. >> in my opinion, you vote for a democrat, you being very disloyal to jewish people, and you're being very disloyal to israel. and only weak with people would say anything other than that. chris: juan, some top jewish groups were very upset by that and pushed back saying, look,
american jews who voted overwhelmingly for hillary clinton in 2016 vote on a lot of issues. they just don't vote on who's the best candidate for us israel. >> the anti-defamation league just said expolice setly this is an anti-semitic trope that you are using here, mr. president. and people like charles d chuck schumer, democratic leader in the senate, said at a time of rising hate crimes against jews globally but also here in the usa, that he was, in essence, you know, encouraging kind of white nationalist anger at jewish people. this trope has been used for a long time to isolate jews as the other people who were really self-interested or interested in israel more so than in being american patriots. i think in some ways it helps the president with the evangelical base that sees him as having moved the capital into tell a avive and done -- >> to jerusalem. >> to jerusalem, excuse me. also in terms of the settlements. they see him as having taken
steps that strengthen their love for israel. i'm not so sure it works with american jews though. chris: julie, karl talked in the first segment when we were talking about what the president needs to get reelected, one of the things he talked about was college-educated women and republican suburbs. when the president seems to stoke these divisions whether talking about the squad or about jews being disloyal or baltimore congressman elijiah cummings, how does that play in the republican suburbs among college-educated women? >> i think there are some differences in some of those things that he's saying, and i would also throw in policy issues. when you talk about the squad, the strategy from the trump campaign is very clear here, they want to paint the entire democratic party as socialists, as outside the mainstream of what we think about democrats as. and that's in part because they want some of these republicans, independents in the suburbs who really don't like donald trump very much to say, all right, i don't like him, but i'm not
comfortable with this either. so i guess i'll stick with what i know. underneath all of this there are some policy issues that are starting to worry republicans, and top of the list right now is guns. i've talked to a lot of republicans after these shootings who say we have to be careful to not look as though we're doing nothing because particularly with mothers in some of these suburban districts, they want to see some type of action. there's a lot of different forces at play -- chris: the president who immediately after el paso said, you know, i don't believe this slippery slope stuff, we can to do something, the nra saying you do one thing, it leads to something else was espousing the slippery slope this week. >> exactly. and the most important group for the president is his base. he is constantly fearful of losing that group of voters, and the tension for him in this re-election, is he going to play more to the base and risk losing those suburban voters, or would his base stay with him -- chris: and the base is essential, but it's not enough
to get him reelected. chris: up next, our power player of the week. a biographer who has captured the essence of power, how to get it and use it in his it and use it in his award-winning books hey, who are you? oh, hey jeff, i'm a car thief... what?! i'm here to steal your car because, well, that's my job. what? what?? what?! (laughing) what?? what?! what?! [crash] what?! haha, it happens. and if you've got cut-rate car insurance, paying for this could feel like getting robbed twice. so get allstate... and be better protected from mayhem... like me. ♪ ♪ sleep this amazing? ..
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about how he does that work. and as we told you in may, his loyal followers freaked out. here's our power player of the week. ♪ ♪ chris: you must know that this has given a lot of people heart burn. [laughter] of. >> yes, i do. you want to know the truth, it's heart warming that so many people are worried that i won't finish. chris: robert caro has spent measure half his life telling the story of lyndon johnson. four books, some 3400 pages. but he's only up to 1964, not yet to vietnam. which is why when he took a detour to write "working," it caused, well, heart burn. >> i want people to have some idea of what it is the i do, how it is to research this type of book. chris: caro fans may not be happy he took time from finishing the story of lbj, but it is fascinating to learn how he goes about his master work. caro says he learned about research from his editor at
newsday back in the '60s. >> this guy looks up at me and us remember, turn every page. never assume anything. turn every page. chris: it's advice he's followed researching lyndon johnson. you walk into the lbj presidential library, and when you look up at the documents section, what do you see? [laughter] >> you see, at that time, 32 million documents. you had 40,000 boxes, each of these boxes holds about 800 pages. that's the only time i felt like turning around and going home. chris: caro says he has one big rule when interviewing. your notebooks are filled with a notation. s.u -- [laughter] what does that mean in. >> shut up. [laughter] people have a desire, a need to fill in silences. if you can just make yourself shut up, often they'll tell you what you want to know. chris: then there's writing. caro remembers what a professor
at princeton told him -- >> you're never going to achieve what you want to achieve, mr. caro, unless you stop thinking with your fingers. i knew exactly what he meant. it was so easy for me to write. i didn't think things through. chris: which brings us back to his final book on lbj which is about a third written. caro took us into his office. >> this is the outline of the rest of my last volume, from here to there, to end of the book over there. chris: he writes several drafts in longhand. again, just to slow himself down. >> after i've done a number of drafts, i go to the typewriter, and i do a lot of drafts on the typewriter. then it goes into this box, and the box goes to my typist. chris: when i talked with caro after his last lbj books, he said it would take three or four years to finish the final volume. that was seven years ago, and he's now 83. are you really going to vietnam? >> yes. chris: why?
>> i feel unless i see it and really understand it, i can't make the reader see it. chris: if you should be unable for whatever reason to finish the book, have you made provisions for somebody else? >> not. i've made provisions that nobody else can finish my book. nobody is going to publish anything with my name on it that i didn't write, not a word. chris: but caro is determined to finish the story of lyndon johnson down to the last word. on a smith corona electra210. chris: how many typewriters do you have? >> i have, at this moment, 11. [laughter] chris: caro uses old-fashioned carbon paper to make copies of what he types, and a few years ago he bought what he says is a life sometime supply -- life sometime supply just in case they stop making it.