Scott Galloway (29:48)
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Get started@betterment.com that's B E T T E R M E N T.com investing involves risk performance, not guaranteed Support for the show comes from LinkedIn. One of the hardest parts about moving to a new city is finding your people. You can look far and wide, but it's hard to find the people who just get you. And the same goes for you to be marketers. Locating the right people who align with your business and an audience that connects with your product and your mission can make all the difference. But instead of spending hours and hours scavenging social media feeds, you can just tap LinkedIn ads to reach the right professionals. According to LinkedIn, they have grown to a network of over a billion professionals, making it stand apart from other ad buys. You can target your buyers by job title, industry, company role, seniority, skill, and company revenue, giving you all of the professionals you need to reach in one place. So you can stop wasting budget on the wrong audience and start targeting the right professionals only on LinkedIn ads. LinkedIn will even give you $100 credit on your next campaign so you can try it yourself. Just go to LinkedIn.com Scott that's LinkedIn.com Scott. Terms and conditions apply only on LinkedIn ads. Welcome back. So I'm, I'm, I'm renovating house and building a house. And what I found, much to my surprise, is that it actually takes less time to build a house than to renovate one because there's, you know, historic society you run into a pipe. Once you have your architectural plans on a piece of land and you have zoning, you can just go, wham. You just go. And I do think the advantage that the Democrats should lean into right now is basically, I think our party is almost at zero right now. We had Leader Jeffries, we interviewed him. I think he's a wonderful congressman, a wonderful representative. I don't think he is up to the job of leading the Democratic Party through this. And I think Senator Schumer is case study number one for why we need age limits and how weak we've become. I think there's very strong bench, but I don't know if it's party orthodoxy or format or systemic rules that keep these voices more quiet, whatever it is. But we are literally starting from zero. And I think that's an opportunity. It's like what Yoda said to Luke Skywalker, you must forget what you know. So forget everything about identity politics. Forget everything about Democrats trying to show their affection for special interest groups by just cutting them a check. If you had a blank slate, which I think the Democratic Party kind of does right now, if you were to propose a tax bill, what would be your core themes? Would it be around encouraging housing? Would it be around capital formation? Would it be around lowering tax rates and moving to a flat tax? But it's non negotiable. These tax rates are non negotiable for everybody. Everybody. If Everybody paid about 24% in tax corporations and individuals, you're kind of done. No deficits. That's it, 24%. I think most people would sign up for that. They'd go, okay, I'm down with that if that's going to give my kids a better life. And it's simple. And I don't have to deal with accountants and taxation and, you know, just a postcard. As Ross Perot said, 0.24 times my top line income, boom, we're done. And maybe it's zero. Anyone makes less than $80,000 at 02 taxes, you make less than $80,000 at zero. Above 80, it's 24. Above 10 million, it's 64. I'm already making it more complex than it needs to be. But we'd have to have someone from the Democratic side or a group of Democratic representatives say, this is our Contract with America. These are the three things we're focused on. And try and get away from the identity politics and the hand wringing over the trans community or, you know, pronouns or just okay. We are totally focused on the material and psychological well being of Americans. They're very focused on their economics. I mean, flat tax, more housing and socialization of medicine. But in 10 years, everyone's going to have coverage and no one's ever going to have to come out of pocket more than $1,000 a year. You're never going to find out that your wife has cancer and that means you're going bankrupt. Like whatever it is. I'm not saying those are even the right things. Foreign policy. Our foreign policy is we're going to bring in really fucking smart people to figure out these complex problems. But we're not going to dictate foreign policy right now around what it means to be an American abroad. Or maybe it's the restoration of alliances. Our job is to take advantage of the unbelievable prosperity that we've recognized through global trade. We're going on a gigantic apology tour. We're going to take down not only we're going to go anti tariff, we're going to have bigger, bolder free trading zones around the world. Biggest tax cut in history will be if we kiss and make up with China. There has to be some IP protection. But just as the cost of clothes have been cut in half because 97% are imported into the U.S. right, let's get rid of this old stupid 1890s thinking. We're going to have more global trade shit's going to get much cheaper for Americans and we're going to try and restore the alliance. The greatest alliance in history and that is between men and women. Men have to stop this bullshit of thinking that struggles have come because of the ascent of women. This is not a zero sum game. And women, we need you to stop saying that men don't have problems, they are the problem. We need men and women to get on each other's side again. I don't know what it is. Alliances, housing, an embrace of global trade. I don't know three things, but the Democrats need to say, okay, this is an Etch A Sketch and it's been shaken and it's blank right now. What new lines do you want to draw? And for God's sakes, get it out there. Propose Something and get it out there such that we're just not all running around, you know, accusing Trump of being a fascist over and over, like, we have to move to the positive part of this. What are our proposals? What are our counter proposals? And the exciting thing is, I don't think we're renovating a house here. I think the house is burnt down. I think the Democratic Party, given this move towards authoritarianism, despite that, Trump would be reelected today. I think that if he was running against Vice President Harris and the Democratic establishment, I think he'd probably win today. So the Democratic Party is done as we know it, and the ideals and principles and bench are really strong. We have some outstanding assets. So what would we do? New? Don't even mention Trump's name. Don't even mention his name.