ANDREW YANG NH ALL-IN-ONE EVENTS ABC UNI 2020/HD
TVU 10 ANDREW YANG NH DAY ONE EVENTS ABC UNI 123019 2020
NASHUA, N.H. - Democratic presidential candidate Andrew Yang, fresh off his successful "New Way Forward" Iowa bus tour and following his outstanding performance in the sixth Democratic debate, returns to the Granite State for what will be his 24th visit. During his visit from Dec. 30 - Jan. 2, he will hold events throughout the state, including a New Year's Eve bash in Nashua at Martha's Exchange to ring in 2020. He will also hold town hall meetings in Nashua, Salem, Exeter and Rochester. In addition, Andrew Yang will visit Concord High School, where he will champion a lower voting age and shoot hoops with students.
See below for a full list of events.
DECEMBER 30, 2019
Nashua Town Hall
Nashua Public Library (Main Auditorium)
2 Court St.
Nashua, NH 03060
2 p.m. - 3 p.m.
Salem Town Hall: A New Way Forward for People with Disabilities
Coffee Coffee
326 S Broadway
Salem, NH 03079
4:30 p.m. - 6 p.m.
Exeter Town Hall
The Exeter Inn
90 Front St.
Exeter, NH 03833
6:30 p.m. - 8:30 p.m.
Halfway through Andrew Yang's third and last New Hampshire town hall Monday, his campaign manager Zach inserted a little drama into the night, slipping him a note mid-speech.
Yang excitedly read the the message out loud, informing several hundred supporters packed at the Exeter Inn that his campaign had just reached its one millionth campaign donation.
Donations have been a strength for him in this race.
Polls have not.
The donation milestone comes the same day the Yang campaign admitted it's having an issue with polling, and made a plea to Tom Perez to add more polls before the January debate (the DNC says it will not)
But while the surprise announcement was notable, what wasn't said out loud appeared intentional and important too.
After being grilled by reporters and even a town hall supporter on what appears to be a blatant misusage of the phrase "Medicare for All," Andrew Yang stopped using it at the second and third events.
(FYI - no news from that second event today - it was at a Salem coffee shop, roughly 50 people packed the shop, and Andrew's policy aide led the discussion, incorporating his own personal story of being gay and paralyzed to make a case for why he supported Yang's policies)
No other hard news, but a couple new hit lines from the third event:
When asked why he thought he'd be the best person to go up against Trump, Yang explained that many former Trump voters are for him - over other candidates. He also added this new spicy line:
"He's messed with every candidate except me. Because I'm better at the internet than he is" [8:09]
He said his usual "I'm barely a politician" line and somehow added this story about his wife:
[check to tape!] My wife would have run the other direction is she ever thought I was going to run for office....she jokes even now that I'd be the worst politician ever, because I'm really bad at lying. Got a terrible poker face. Even when I proposed to her. I was so nervous, I had this ring that was burning a hole in my pocket. I was like 'omigosh, she knows, she knows' [Everyone laughs] Someone yells "What happened" He continues, "What did happen. Well, I proposed and I EVENTUALLY got a yes in the same general afternoon period. I'm not sure if I've told people this story. I hope she's not embarrassed by it. I think what she exactly told me was, "WHY ARE YOU DOING THIS?" [room bursts into laughter] Not exactly what you want to hear on one knee. [7:38]
LOGS BELOW FROM ORIGINAL FEEDS
NASHUA TOWN HALL HIGHLIGHTS AND LOG:
Two powerful moments during Andrew Yang's first town hall during his New Hampshire trip.
First, a 16-year-old supporter stood in line to ask a question, but instead of asking a question, made a plea to Tom Perez to add more polling (see Armando's DL from earlier today for more on how Yang sent Perez a letter). After, Yang embraced him and said he would change things for 16 year old's to vote. Seemed like an authentic moment.
145702
Q: Mr. Yang, there has not been a poll in an early state released in 47 days. Tom Perez, the Chairman of the DNC, just rejected your request for the DNC to conduct and release more early state polls, essentially cutting off a vital pathway to the January debate.
145736
On Perez's twitter biography, he writes and I quote, "Likes the Buffalo Bills, the Democrats, and fighting for the little guy. Though, not in that order." Well, apparently, he doesn't like fighting for the little guy who has over 400,000 donors including some [inaudible] right in New Hampshire which -- would you look at that -- is an early state. So, to the people in the room, we have a chance to outraise Elizabeth Warren in the 4th quarter [audience member howls]
145803
And I'm gonna look towards kinda the biggest camera in the room but, if there is someone from the DNC watching -- oh, shoot, where am I? [laughter] -- if there's someone from the DNC watching, look at the crowd. We've crammed over 100 people into a room built for 30. There are people watching from out the door. Poll the people, is my point. I cannot even vote in the 2020 general election, but I am the most passionate about this than I have -- than anything I have been in a long time.
145837
YANG>> Give me a high five, man. [laughter / applause] [they hug]
Q: So, Tom Perez, fight for the little guy. Fight for all the little guys in this room. Fight for the american people. Poll the people. [audience members shout "poll the people"] It seems like we're not gonna get much help in this process. So, to the people over 18 years old, keep phone banking, keep canvassing, keep Yanging people, keep making America think harder.
145907
Because we all know it's not left, it's not right, it's forward. And I'm apart of the Yang gang because I'm scared of the future in America. And in my age group, I am not alone. So, Mr. Yang, do you have any thoughts on the issue [laughter/applause]
145924
YANG>> My thoughts are you're making me feel better about the future, Ellis, just by being so passionate and articulate and spot-on (?). [applause] You know, that's awesome leadership on your part. I believe we're going to get the polls we need in the right time frame and I'll be on that debate stage in January.
Yang also goes on here to say he thinks 16 year old's should be able to vote.
Another supporter also asked Yang on calling his healthcare plan M4A,saying, "To what extent are you anchored specifically and explicitly to Medicare for All as it's written as a phrase? And what extent would universal healthcare be a more useful phrase?" (background, Yang keeps calling his plan M4A even though there's no public option!)
Yang's admission here was good:
145324 YANG>> I like where your head's at, Kurt. To me, Medicare for all is universal healthcare for all Americans. It's not the name of a bill, it's a name for trying to get every American healthcare independent of their work status or whether or not they can like afford certain levels of premiums. Now, I'm not someone who thinks you can uproot private insurance plans quickly, because you're talking about millions of Americans on these plans. In some cases, they actually negotiated away higher salaries for the plans, so somehow legislating those out of existence very quickly, seems to me to be unduly impractical slash disruptive.
145402 So the plan to me should be for the government to provide a public coverage option that then outcompetes the private insurers and squeezes them out over time. Now, to your point, Kurt, it is true Medicare for All means certain things to certain people,and you're probably right that universal healthcare would be a better way to frame it.
Gaggle starts here, but it's far less interesting than above.
ABC asked Yang if he was contradicting himself with his plea to Tom Perez stating that he believes polls should consistently be raised, when just earlier this month, he signed a letter for Cory Booker supporting the DNC to revert to earlier qualification standards.
150636 [cutting unimportant first few lines here] I would be thrilled if they decided to go back on the announce standard but I thought that was unlikely after they announced it. We're trying to influence what they were going to announce, before the fact if you remember...so I would be thrilled if they ran polls, I would be thrilled if they reverted to earlier standards...we're just being nice by saying their standards were good. [laughs] (check tape here)
He spoke a bit more about how there's nothing preventing the DNC from reaching out to any of the poll organizations, but nothing major here, until he says their actions seem disingenuous:
150741The DNC saying we can do nothing about it seems disingenuous because they can clearly reach out to any of the approved poling organizations that asked for a poll to be conducted in any given timeline.
He was also pressed on M4A being the name of Sander's bill, but his website still lists M4A as a platform of the campaign. He was asked if it is confusing to use that term when his bill is not what the actual bill or policies that Warren and Sanders' are? His answer to the person who asked it during the town hall was much stronger though:
150913 YANG>> To me, Medicare for All means universal healthcare for all Americans, and that's where we should be driving as quickly as possible. We need to get healthcare access up and the costs down to a level where Americans can get the healthcare that they want and deserve. Healthcare should be a human right here in this country, instead of a means for companies to make money off of us. [was pressed further by reporter but didn't give a stronger answer]
16 Year Old
145702
Q: Mr. Yang, I was at your Hanover Town Hall event about a month ago and, just a quick disclaimer, this could be a little bit long, but I'll get this as short as possible because this is the best way I can get my message out to people, but -- and I think this would encapsulate, kind of, what we're all thinking. So, Mr. Yang, there has not been a poll in an early state released in 47 days. Tom Perez, the Chairman of the DNC, just rejected your request for the DNC to conduct and release more early state polls, essentially cutting off a vital pathway to the January debate.
145736
On Perez's twitter biography, he writes and I quote, "Likes the Buffalo Bills, the Democrats, and fighting for the little guy. Though, not in that order." Well, apparently, he doesn't like fighting for the little guy who has over 400,000 donors including some [inaudible] right in New Hampshire which -- would you look at that -- is an early state. So, to the people in the room, we have a chance to outraise Elizabeth Warren in the 4th quarter [audience member howls]
145803
And I'm gonna look towards kinda the biggest camera in the room but, if there is someone from the DNC watching -- oh, shoot, where am I? [laughter] -- if there's someone from the DNC watching, look at the crowd. We've crammed over 100 people into a room built for 30. There are people watching from out the door. Poll the people, is my point. I cannot even vote in the 2020 general election, but I am the most passionate about this than I have -- than anything I have been in a long time.
145837
YANG>> Give me a high five, man. [laughter / applause] [they hug]
Q: So, Tom Perez, fight for the little guy. Fight for all the little guys in this room. Fight for the american people. Poll the people. [audience members shout "poll the people"] It seems like we're not gonna get much help in this process. So, to the people over 18 years old, keep phone banking, keep canvassing, keep Yanging people, keep making America think harder.
145907
Because we all know it's not left, it's not right, it's forward. And I'm apart of the Yang gang because I'm scared of the future in America. And in my age group, I am not alone. So, Mr. Yang, do you have any thoughts on the issue [laughter/applause]
145924
YANG>> My thoughts are you're making me feel better about the future, Ellis, just by being so passionate and articulate and spot-on (?). [applause] You know, that's awesome leadership on your part. I believe we're going to get the polls we need in the right time frame and I'll be on that debate stage in January.
MEDICARE FOR ALL
145250
Q>> This phrase "Medicare for All" has become almost a branded phrase at this point. To what extent are you anchored specifically and explicitly to Medicare for All as it's written as a phrase? And what extent would universal healthcare be a more useful phrase?
145324
YANG>> I like where your head's at, Kurt. To me, Medicare for all is universal healthcare for all Americans. It's not the name of a bill, it's a name for trying to get every American healthcare independent of their work status or whether or not they can like afford certain levels of premiums. Now, I'm not someone who thinks you can uproot private insurance plans quickly, because you're talking about millions of Americans on these plans. In some cases, they actually negotiated away higher salaries for the plans, so somehow legislating those out of existence very quickly, seems to me to be unduly impractical slash disruptive.
145402
So the plan to me should be for the government to provide a public coverage option that then outcompetes the private insurers and squeezes them out over time. Now, to your point, Kurt, it is true Medicare for All means certain things to certain people,and you're probably right that universal healthcare would be a better way to frame it.
##
TRINT
TVU 10 ANDREW YANG NASHUA NH TOWN HALL ABC UNI 12.Sub.01.wav
[14:15:34] There's one like, oh, yes. Voice amplification, it's great to be back here in New Hampshire. Tracey, you missed the most important thing. I graduated from Phillips Exeter Academy in 1992.
[14:15:49] That's a pretty tepid applause.
[14:15:52] But here in the U.S., it's OK. I was invited back to speak at a number of months ago.
[14:15:59] And when I spoke, I said this my first time back since I graduated because I didn't enjoy myself here. And the student body erupted in applause.
[14:16:10] I felt really bad.
[14:16:11] That wasn't the reaction I was going for. And as Tracy said, after I graduated from Exeter, I went to Brown and then Columbia. And then I became an unhappy lawyer in New York City for five months.
[14:16:23] And somehow she gets a along.
[14:16:26] And I left the firm to try and start a business. How many of you? Because it's the Chamber of Commerce. How many of you've started a business or organization or club or list. So if you have your hand up, you know, two things. Number one, it's much harder than anyone lets on in. Number two, when someone asks you how it's going, what do you say? It's going great. Everything's always going great. My business went great until it failed. My parents told people I was still a lawyer because there was a much easier story, but I'd been bitten by the bug.
[14:17:00] I worked at another small company and then another, and then I became the head of an education company that grew to become number one in the United States and was bought by a bigger company. Now, 2009 is like it's a decade ago. I can't believe it's already been 10 years. That was a very tough time in much of the country. How many of you were here in New Hampshire ten years ago? And how was that time for you in Nashua in 2009?
[14:17:24] College.
[14:17:26] You're laughing. Were you the Marilyn?
[14:17:31] I just want to come in on all of the elected officials and former elected officials, because here in New Hampshire particular, it's a labor of love. You're certainly not doing it for the money or the glory. And I tell people who run for local office, I believe it's harder than running for president because people know where you live.
[14:17:52] So the financial crisis 10 years ago racked many of our communities. And I saw this unfold. And I thought I had some insight as to why the economy had collapsed. It was because so many of the wannabe whiz kids, I'd go into Exeter and running Columbia with it gone to Wall Street and helped create derivatives and mortgage backed securities and these exotic financial instruments. And so I thought, well, that's a disaster and that's a train wreck and that's where our energies are going.
[14:18:19] So I imagined what I would want our energies to go towards instead. And the vision I came up with was to head to a city like Detroit or Cleveland or Birmingham or Providence and help grow a company to create jobs. So I started a nonprofit called Venture for America, started calling wealthy friends, asking them this question, Do you love America? The smart among them said, What does it mean if I say, Yes? Andrew? And then I said, at least ten thousand dollars. So raised a couple hundred thousand dollars, which grew to the millions, helped create thousands of jobs in 15 cities around the country.
[14:18:56] And as Tracy said, I was honored by the Obama administration multiple times. I got to bring my wife to meet the president. So my in-laws are very excited about me that week.
[14:19:06] But unfortunately, during my travels, I started having this sinking feeling where for any job that my organization was helping to create. Many of these communities were losing dozens, even hundreds of jobs. I started to feel like my work was pouring water into a bathtub that had a giant hole ripped in the bottom. But I was still surprised when Donald Trump became our president in 2016. How did you all react when he won?
[14:19:32] Tears, devastated disbelief. To me, it was a giant red flag that tens of millions of our fellow Americans decided to take a bet on the narcissist reality TV star as president. And even if you were devastated or cried, we all have family members or friends or neighbors who were very excited about his victory. I started to dig into why I thought he won. If you turned on cable news today, why would you think that Donald Trump's our president?
[14:20:04] Facebook, Facebook, racism. Russia cared about gods and perhaps emails, but someone shouted out the economy.
[14:20:15] That's closer to the truth. When I dug into the numbers, we've automated away 4 million manufacturing jobs over the past number of years. And where were those jobs?
[14:20:27] Ohio, Michigan, Pennsylvania, Wisconsin, Iowa, all the swing states that Donald Trump needed to win and did win. And if you doubt this, if you go through the Motor District data, you see that there's a straight line up between the adoption of industrial automation and in a voting district and the movement towards Trump. This happened in New Hampshire, but it happened earlier. You all lost over 12000 manufacturing jobs in the northern part of the state. And when you go to those towns, you see that many of those towns have never recovered.
[14:20:59] That after the factory of the plant closed in, the shopping district closed and the population shrank. When I was in Detroit and Cleveland and St. Louis, as you saw, a lot of the same things were in the midst of the greatest economic transformation in the history of our country. Because what happened to the manufacturing jobs is not stopping there. It's now heading to retail call centers, fast food, truck driving and on and on through the economy.
[14:21:25] How many of you have noticed stores closing right where you live here in New Hampshire? And why are those stores closing? Amazon? That's right. One word answer. Amazon soaking up 20 billion dollars in business every single year. How much of the Amazon pay in taxes last year? Zero. That's your math. New Hampshire. Twenty billion out. Zero back. Thirty percent of your stores in malls close. Most common job in the economy is retail clerk, average retail clerks, the 39 year old woman making between nine and ten dollars an hour. So if her store closes, what is her next opportunity going to be?
[14:21:57] How many of you have seen a self serve kiosk in a fast food restaurant like a McDonald's? Every location in the country in the next two years, starting at the front of the house, they're going to move to the back of the house. When you call the customer service line of a big company and you get the bot or a software, I'm sure you do the exact same thing I do, which is you pound 0 0 0 as a human human and you get someone on the line. How many of you do that?
[14:22:19] Yeah, that's always terrible.
[14:22:21] But in two or three short years, the software is going to sound like this. Hello, Andrew. How's it going? What can I do for you? It'll be. Seamless, delightful, you might not even realize it software. What does that going to mean for the two and a half billion Americans who work at call centers right now making fourteen dollars an hour?
[14:22:41] How many of, you know, a truck driver here in New Hampshire?
[14:22:44] It's the most common job in twenty nine states, though. Three and a half million truckers and my friends in California are working on trucks that can drive themselves.
[14:22:51] They say they're 98 percent of the way there. A self-driving truck just took 20 tons of butter from California to Pennsylvania about two weeks ago. Totally autonomous. Why butter? I have no idea. But you can actually look IWM can robot butter truck and then it will pop up. What does this mean for the three and a half million Americans who drive a truck for a living? Or the 7 million Americans who work in truck stops, motels and diners that rely upon the truckers getting out and having a meal every day of despair?
[14:23:23] These are the forces that are tearing our country apart. Many Americans feel themselves getting left behind and pushed to the sidelines. Corporate profits are at record highs today, also at record highs. United States of America, stress, financial insecurity. How many other college students? I sense many of you. Student loan debt, record highs, not normal. Even suicides and drug overdoses and unfortunately, New Hampshire is one of the epicenters of the opiate epidemic in the country. But eight Americans are dying of drugs every hour in this country right now. So these are the things that people are experiencing on the ground. And it's only going to accelerate as artificial intelligence leaves the lab and starts hitting the economy in earnest. This is not just a blue collar problem.
[14:24:11] Artificial intelligence will be able to do the work of bookkeepers, accountants, radiologists, even attorneys. Right now, software can edit a contract more quickly and error free and certainly inexpensively than the most experienced human lawyer. We're in the midst of this economic transformation and for whatever reason, we're scope scapegoating immigrants within the things that immigrants have next to nothing to do with.
[14:24:35] So my first move was still not to run for president because I'm not a crazy person. I went to Washington, D.C. and I sat down with our leaders and I said, what are we going to do to help our people manage this transition? What do you think the folks in D.C. said to me when I said, what are we going to do?
[14:24:51] They're going to pitch Trump. We don't know nothing.
[14:24:55] The three answers I got most frequently were number one. Andrew, we cannot talk about this. Someone suggested Americans wouldn't understand it anyway. Number two, we should study this further. Number three, we must educate and retrain all Americans for the jobs of the future. Which sounds very responsible. Haven't you heard a politician say something like that at some point? Now we all have. Well, then I said, look, I checked the studies.
[14:25:21] Do you all want to guess how effective the government funded retraining programs were for the manufacturing workers who lost their jobs 15 percent on anchoring you lower? Because it is low. Zero to 15 percent success rates. Total dud. And when I said this to the folks in D.C., one of them said, well, I guess we'll get better at it. The truth is that the folks in D.C. will do well, whether we do well or not. The feedback mechanism is broken. It's one reason why Donald Trump is our president today.
[14:25:50] And one person in DC leveled with me and said something that brought me here to you all. He said, Andrew. During the wrong town. No one here will do anything about this, because Washington, D.C. is fundamentally a town of followers, not leaders. And the only way we will do something about this is if you were to create a wave in other parts of the country and bring that wave crashing down in our heads. That was over two years ago.
[14:26:13] I said I will be back with the waves. I accept that challenge. And I stand before you today. I'm fifth in the polls to be the nominee of the Democratic Party. We bring ten million dollars last quarter in increments of only 30 dollars each. So my fans are almost as she does birdies and that 10 million, zero corporate PAC money, all people powered all the grass roots. We just announced today that we're going to do better than that in this coming quarter. We are growing while other campaigns are shrinking because we are solving the actual problems.
[14:26:49] I got Donald Trump elected and we have real solutions that would help move the country forward. So what are the solutions? If you're here today and I appreciate you braving the elements and saying I'm going to go see Andrew Yang, even though it's yucky, is it's pretty gross out even. You know, I mean, I grew up in New Hampshire, too. So if you were here today, at some point you heard that this guy wants to give every American a thousand dollars a month. Remember the first time you heard that?
[14:27:16] The first time you heard that you were like, ha, ha, that's a gimmick. That's too good to be true. That will never happen. But this is not my idea. It's not a new idea. Thomas Paine was born at the founding of the country. He called it the citizen's dividend. Martin Luther King fought for it in the 1960s, called it the guaranteed minimum income for all Americans. And it is what he was fighting for when he was assassinated in 1968. I had the privilege of sitting with Dr. King's son in Atlanta, Martin Luther King, the third who said, this is what my father was fighting for when he was killed. A thousand economists endorsed it in the 60s. It passed the U.S. House of Representatives twice in 71 under Richard Nixon.
[14:27:57] It's called the Family Assistance Plan, which has an income floor for all Americans. And then eleven years later, one state passed a dividend where now everyone in that state gets between one and two thousand dollars a year. No questions asked. And what state is that? New Hampshire. How does Alaska pay for it? And what is the oil of the 21st century technology? A software of self-driving cars and trucks. A study just came out that said that our data is now worth more than oil. How many of you saw that study? How many of you got your data check in the mail? We laugh, but where did the data checks go? Facebook, Amazon, Google, the mega tech companies that are paying zero or near-zero in taxes. That is the game. New Hampshire. Our communities are getting sucked dry and depleted.
[14:28:45] We're looking around wondering where the value went. And the biggest winners in the 21st century economy are paying zero in taxes. Well, we have to do is we have to get our fair share. Your fair share. Make sure Amazon is trillion dollar tech company actually is paying taxes. And equally important, we have to put that value into our hands. Into your hands, the hands of the American people. Build a trickle up economy from our people, our families and our communities up.
[14:29:12] Because if we put this thousand dollars a month into your hands, where will the money go in real life? I'm going to guess a lot of it's going to stay right here in Nashua, New Hampshire. Right. It's good for the Chamber of Commerce when a business here and be like, well, I think people might be patronizing my business a little more often, but the money would go into car repairs you been putting off and daycare expenses and little league sign ups and local nonprofits and religious organizations. It would create a sustainable path for rural parts of the state that right now are struggling to find it.
[14:29:46] It would make our people stronger, healthier, mentally healthier, less stressed out for the students who are laboring under tens of thousands of dollars in student loan debt. It would help to clear that debt. I want to do more to clear that debt independent. I'm giving you a thousand bucks a month because at one point, six trillion is out of control and it's immoral the way it was generated. This thousand dollars a month would help us manage the greatest economic transformation in our country's history. I am friendly with some of the leading technologists in the country.
[14:30:15] They tell me, Hey, Andrew, I've seen what's in the lab. And when it comes out, it's going to be. A bigger problem than anyone realizes. You know how that conversation never goes. Andrew, I've seen what's in the lab and everything will be fine. That's not the end of that thought. The more someone known as, the more concerned they are. The folks in DC are decades behind the curve on technology in particular. They got rid of the Office of Technology Assessment in 1995. Congress has literally had zero input on technology issues for 24 years.
[14:30:50] Aside from the tech companies themselves, and you can guess what the tech companies have been telling them. So these are the changes that we have to make to rewrite the rules of the 21st century economy. To work for us. To work for you. If you are a young person, you feel like it's not working for you. You're right. It is not working for you. If you were born in the 1940s, the United States of America, there was a ninety three percent chance you're going to do better than your parents. That's the American dream.
[14:31:15] That's the American dream that drew my parents here. If you were born in the 1990s, which is some of you, you're down into a 50 50 shot and the numbers declining quick. That's why young people in particular feel like we've left you an economy that doesn't work for you. A mess in addition to climate change. And we have. If you were a young person and you feel distressed or angry about it, I get it. We owe you better. We have to do better for you. We have to start measuring how our economy is doing based upon how you all are doing to see how it's working again. Corporate profits at record highs while our life expectancy is declining, which is more important. Yes, I agree.
[14:32:00] And if you think about how we're measuring the value that we're producing, my wife is at home with our two young boys, one of whom is autistic. What is her work included out in our economic measures? Zero. And we know that's nonsense. We know the work she's doing is among the most challenging and important work that anyone does. It's not just her work. The things that we value most are progressively getting zeroed out in American life. It's parenting. Yes, nurturing, caregiving, volunteering, mentoring, coaching, increasingly arts, increasingly journalism.
[14:32:38] And our market is going to systematically undervalue the work done by women and underrepresented minorities in particular. We all knew that. We know that women do more of the unrecognized, uncompensated work in our society every single day. So by properly measuring our progress, we can actually see the depth of the problems and then start working to improve on them. So if GDP is this bad to measurement that has less and less relationship with how we're doing and even its inventors had one hundred years ago, this is a terrible measurement of national well-being. We should never use it as that. What would a measurement that actually measure is how you and your family are doing look like? Like what would that measurement be?
[14:33:24] Quality of life. Yeah, you could. You can do something about civic engagement. How about mental health and freedom from substance abuse?
[14:33:35] How about health? The life expectancy? Ability to retire with dignity, clean air and clean water. We can actually make these the measurements of our society. And as your president. That's exactly what I'll do. I'll say GDP is one hundred years old. It's time for an upgrade. It's past overdue. And here's how we will measure our progress now.
[14:33:58] And then we would see we're in a mental health crisis. We would see we're in a wellness recession. We would see that our environment is getting worse and worse and is not included in our current numbers. How many of you all have run a business organization or department or division? Imagine if you had the wrong measurements for that organization. How to do over?
[14:34:21] That is where we are right now as a country.
[14:34:23] We're getting beaten over the head with GDP headline unemployment and stock market prices and none of those things has much of a relationship with how we're actually doing GDP. I talked about a little bit. Stock market prices. The bottom 80 percent of Americans own 8 percent of stock market wealth.
[14:34:38] The bottom 50 percent own essentially zero. Stock market prices correspond to the top 20 percent of society.
[14:34:44] If you're generous and headline unemployment doesn't include the fact that millions are dropping out of the workforce, that people are doing two or three jobs to get by, and that 40 percent of recent college grads are doing a job that doesn't require a college degree. So we get the measurements right. We can actually make progress. Donald Trump said in 2016 he was going to make America great again. And what did Hillary Clinton say in response?
[14:35:11] America's already great. Remember that? New Hampshire. It has been a long several years.
[14:35:16] I know we have to acknowledge that the problems are real and that they are deep in our communities. But we need solutions that would actually help people and move us forward. What we're Donald Trump's solutions going to build a wall to turn the clock back and bring the old jobs back. New Hampshire, we have to do the opposite of these things. We have to turn the clock forward. We have to accelerate our economy and society as quickly as possible to rise the real challenges of this era. We have to evolve in the way we think about ourselves and our work and our value. And I am the ideal candidate for this job, because the opposite of Donald Trump is an Asian man who likes math very much national.
[14:36:06] Make America think harder. That's right. That is your job and you're going to help us move the country. Not left, not right, but forward. Thank you very, very much. We're going to be celebrating New Year's Day. I can't wait.
[14:36:23] Oh, thank you. So I had this letter and this was still on tonight. But you you hear me? I'll try to project. I'll use my own voice and everyone will write. So let's get a couple of questions. I want to start off and then we'll look to the audience, though, just as a prep for that. If you do have a question and you can use one like that's right there that Samantha is pointing to. And as you get up to ask your question, if you please state your name and if you are with an organization or business, that as well, do you ask a question?
[14:36:55] So let me start. So you talk to me about jobs going away because of article and artificial intelligence and different kinds of automation and things like that. But here in New Hampshire, we're actually seeing the opposite of that. We have thousands of jobs left unfilled right now because employers can't find sufficient skilled workers to fill those jobs. How does your economic plan education or taxes for those? How do those policies help business owners right now can't be as successful as they could be because they don't have the people jobs.
[14:37:33] Yeah, a lot of it does revolve around education, and many of the employers that are looking for workers are trying to find skilled technical workers, tradespeople. We have a massive national shortage of tower climbers and each fact repair people and people that actually work on the guts of our infrastructure. There are other types of needs and gaps, too. But I'm going to talk about these technical jobs because I think it's just such a massive opportunity.
[14:38:00] Only 6 percent of American high school students are in technical or trade. Or apprenticeship programs right now in Germany.
[14:38:07] That's fifty nine percent.
[14:38:08] Think about that goal.
[14:38:10] And we are lagging behind because many employers are looking around saying, I need someone with this sort of training. So we have to get that six person up as quickly as possible. And this has the added benefit of being able to say to our young people, a college is not the end all be all for everyone. Only 33 percent of Americans will graduate from college. And again, we made it more and more expensive. Well, we have to do is create paths forward for different students in different areas and lead them to the opportunities that need to be filled in many, many communities.
[14:38:40] I'll also suggest that a lot of the people that are looking to hire, too, would like the headline unemployment rate. It really does obscure a lot of weakness that I see when I talk to folks here in New Hampshire, because if you're doing multiple jobs to make ends meet, you count as employed. If you're underemployed, you count as employed. And if you leave the workforce and stop looking because of a health problem where you're taking care of a relative, you don't get included in that number. So there's a lot of weakness that's being obscured in our communities because we're using a measurement that's way out of date and misleading.
[14:39:15] Thank you. I wanted to follow up also on your freedom dividend plan. So last month, do it. That's pretty good to a lot of people. So I did a little bit of simple math. I will admit upfront political science, major math is not necessarily my starting point. Different math with that math. But there are a little over two hundred nine million Americans who would qualify for that at twelve thousand dollars a year, meaning over 2.5 trillion dollars a year to fund that. How does the math actually work that you can tax whatever corporations you want to test come up with that additional revenue every year?
[14:39:58] All right. I'm so glad you asked. I love it so much.
[14:40:04] So first you have to look at who the biggest winners are going to be if you have Amazon, Google, Facebook systematically paying zero or near-zero in taxes. Then, of course, you going to have problems affording things. But if you put a mechanism in place where we all get even the tiniest slice, our fair share of every Amazon sale, every Google search, every Facebook ad, eventually every robot truck mile and a I work unit generates eight hundred billion dollars a year with a giant up arrow attached to it. So that number is going to shoot up now. A hundred billions, not two point four trillion. As you suggest.
[14:40:38] But after you put that no amount of money into our hands, the money doesn't disappear. It circulates through our community and our businesses over and over again, ends up increasing tax revenue by conservatively, let's call it, 600 billion or so. Then here's where the magic comes in. You see an additional hundreds of billions on things like incarceration, homelessness services, emergency room, health care that we spend almost a trillion on now. And it was right here in New Hampshire where our corrections officers had said this to me. He said we should pay people to stay out of jail because he sees how expensive it is when they're in jail. This is what happens in our society.
[14:41:18] We don't invest in people that we end up paying in much more expensive and punitive ways when they hit our institutions, because we know our institutions are incredibly expensive. And the last piece, the best piece is that one study showed that if you were to alleviate poverty in this way, you would increase our GDP by 700 billion dollars a year just on the basis of better health and educational outcomes of our people. This is a massive investment in human capital. And this doesn't even take into account the catalyst for entrepreneurship and creativity and value creation that would ensue when having a population that can actually afford to take some risks and not feeling like if they fail, then it's going to mean the difference between having a home and the.
[14:42:05] One more. I'm not going to tell you guys. You've had a chance to ask, but, you know, in essence, right now you're with the American people for a very important job.
[14:42:15] The leadership position, the CEO feels that someone who was hired many and perhaps fired unless you have advice to the American people as they compare and consider all of the candidates. So what should they do as they check off your qualifications and those of others to make sure they make the right choices?
[14:42:38] I love this question so much. I've never gonna do. I love it.
[14:42:41] That's true. The chamber.
[14:42:50] To me, the most important thing about who we choose as our president is whether they understand the real problems on the ground as we're experiencing them. And that can actually bring solutions to bear to solve them and improve our way of life. I'm going to suggest to you all that technology is the driving force behind many changes in our economy and society. And then most of the other figures in this race, whom I like it, admire a great deal.
[14:43:13] And I consider many of the friends, but many of them do not understand technology very well. And they also do not understand technology's intersection with the labor force. Very well at all that if we have the wrong person in that seat, we're going to have another four years of your mall's closing of A.I., getting smarter of the robot trucks starting to multiply in the highways. And that as this continues, it's going to get harder and harder for us to actually put in place a path that lets Americans know that we are not going to be left behind, that we're actually the owners and shareholders of this country and not inputs into a giant capital efficiency machine.
[14:43:58] If you don't understand the real problems, you're not going to be able solve them. I believe I have a much clearer understanding of what lies ahead for this country.
[14:44:06] Shipped to all of you now. So I feel like yelling questions so we can get your feelings with the business or let us know that as well.
[14:44:22] Little branching out with me to the president education co-op. I should go on to the. They're guaranteed in numerous cases and from some of the techniques that the rationale for that obviously is to do with the dislocation that will come from increase in the eye and robotics and automation. But there is an equally strong justification for it. In my view, I wonder if you have time or you just definitely suffered the almighty scientist.
[14:45:03] She's come up with a scary statistic because of the exponential rise in the autism. And she's just claims that within 10 years, every other family will be dealing with a child in the optic. This will take a terrific amount of resources to apply for homeowners who typically caretakers in the home that are should and looks spoken to some limitations. But if you come in on this, is it possible other justification and rationale for.
[14:45:36] Freedom Dividend, which I like to call detective. Thank you for this question. These are the best questions I received in quite some time. I have a son on the autism spectrum and what I say to families around the country is that special needs is the new normal. Certainly I have not seen a study that suggests it's going to get up to 50 percent, but it's already normal and many millions of families all around the country. And the big problem here is that you have a special needs child like my son who shows up at school and the school says, I don't have the resources available to actually do what this child needs and requires because I have one teacher for my kids and I'll have a budget for this.
[14:46:17] And so that child ends up falling through the cracks. The family has to scramble their massive problems. But it's in large part because, again, we're confusing economic value and human value. We're saying that this kid needs more and thus is a burden on the community. Instead of seeing it the way we should be, which is that our kids well-being is the point of the economy, we should use that as a measuring stick, which incidentally means you pay teachers more. You hire more teachers. You lighten up on the standardized tests that we devised during World War Two as a means to identify which kids not to send to the front lines. Now we're just bludgeoning our kids with them, then distorting teacher behavior.
[14:46:56] You stop treating your schools like assembly lines and start actually trying to put the resource in place to give our kids what they need. If you change it from this cost model to this investment model, then you see that this is the future of the 21st century economy making ourselves stronger, healthier and more hold. And if we don't evolve in that direction as quickly as possible, then you are correct that many communities will feel themselves to be overwhelmed by the cost of supporting many special needs children who, quite frankly, are going to grow to become special needs adults. And if we don't start changing the measuring stick, then we're going to see these people as again, cost centers and burdens instead of being owners and parts of our families.
[14:47:41] So thank you for the question. Thank you.
[14:47:50] Hello. Guy fun except with you. Tell him to review round up in Massachusetts, speaking about make it back in Carragher. It is a national science driver program. Do the population economically and inspire the population? But we have a couple of major problems to solve first. Number one, you were talking about your fence went down to Wall Street where the derivatives and stuff. Since 2000. The big, big banks are much bigger and about to blow out. The Federal Reserve has been giving them a hundred million dollars a day since September, which means we're close to a very big global blowout again.
[14:48:40] Can we have each. 2 1 7 6 in the house? Everyone should be calling their reps and demand and becomes law. And last one is we have to get back to economic sovereignty. In other words, we don't need a independant private entity controlling our economy, growing over 20 trillion dollars in debt. So we have to come back and do away with dreadful reserve and fixed currency and get back to the banking system.
[14:49:12] And this was a very profound question to some people when they come to an event.
[14:49:20] One of the thoughts is what Tracy originally asked is like, where do we get the money to do what we need to do?
[14:49:26] How many of you here remember voting for the four trillion dollar bailout of Wall Street? How many of you remember anyone saying where we're going to get the money? That's what he's talking about, his printing of hundreds of millions of dollars a day to shore up the balance sheets of our banks. No one voted for that. No one you know, no one said, yeah, let's do that instead of bailing out homeowners. I mean, to me, you're the obvious choice was to bail out homeowners and keep people in their homes, keep communities whole.
[14:49:53] But instead, we chose to recapitalize the banks. And that is an emblem of the choices we're making in this country. Everything revolves around the almighty dollar of our institutions, and we don't trust our people in the least. We have to choose our people. And to your point about what we've done in terms of recapping Wall Street and privileging them, you're right. The banks are now bigger than ever. They're absorbing more and more of the financial activity. Community banks and places like New Hampshire are a thing of the past. If you're old enough, you remember being here.
[14:50:20] You remember there were community banks here that like the gobbled up by Bank of America and the giving. So this is what we have to again counteract. We have to choose our people instead of the banks. And we do have to stop bailing out Wall Street and letting them run and own our economy in this way. So thank you for the question. We'll just you one sentence, Pastor.
[14:50:44] If you look at what to Mr..
[14:50:53] Thanks for coming, my name is Joe, I'm a college student from Worcester, Mass. My question today is, is that based on the dividend that you're talking about now. Of course, anywhere you want to do it. Putting taxes on companies such as Amazon, Facebook and the like. But my question is, how can you prevent these companies from outsourcing themselves and to other countries to avoid such tax removal of such tax breaks?
[14:51:17] Sure. So this is based upon a system that's in effect in just about every other developed country. And it occurs on the point of sale. We're the number one market in the country. So it or the world. So even if Amazon were to shift some of its offices to other places, they're paying another the point of sales so they pay it no matter what.
[14:51:33] This is what other countries have figured out. Other countries have said that having the Amazons of the world Pizarro taxes is untenable and it's worked everywhere. Also would work here, too, because you're right. Companies will do anything necessary to try and save money. But this is because it's a point of sale. It's very, very hard to escape. It's impossible to escape, actually. The comparable comparison I use is that Jeff Bezos right now is worth about one hundred nine billion dollars.
[14:51:56] Post divorce. If you were to ratchet up the tax rate, let's say, to 75 percent, 80 percent. How much of this hundred nine billion dollars do you get next to nothing because you're not dumb enough to pay itself by a billion a year? No. He pays himself something modest and then most of his wealth is tied up in Amazon stock. So what you do is like Willie Sutton, the bank robber, why did he robbed the banks? Because that's where the money is. The money is flowing at Amazon. So you take it out.
[14:52:21] The point of sale there, then you get billions from his business. And then when Jeff takes a billion dollars out of his stock every year to buy rocket ships to Mars, which is what he does with his money, then you take a toll there to you make it so that you get it coming and going and then it ends up in our hands to make our families communities stronger. But because it's at the point of sale, it doesn't matter where they base their operations.
[14:52:44] Thank you. Thanks, man.
[14:52:48] Like when it is, Kurt. I'm a campaign supporter from Massachusetts.
[14:52:51] I can tell by the story. Thank you, Kurt. I'm going to head to Iowa also for.
[14:52:55] Yes. Oh, you can stay here in New Hampshire. Either way, I mean, no. You know, Iowa then. Come on over.
[14:53:01] So it might be time to put some minds at ease about healthcare. This is Medicare for all. It's become this sort of political football. It's a almost a branded phrase at this point. To what extent are you anchored specifically and explicitly to Medicare for all as it's written as a phrase? And to what extent would universal health care be a more useful phrase?
[14:53:24] Where has that occurred? I mean, Medicare for all is universal health care for all Americans. It's on the name of a bill. It's a name for trying to get every American healthcare independent of their works, that is, or whether or not they can go forward and certain levels of premiums.
[14:53:40] Now, I'm not someone who thinks you can uproot private insurance plans quickly because you're talking about millions of Americans on these plans. In some cases, they actually negotiated a way higher salaries for the plans. So somehow legislating those out of existence very quickly seems to me to be unduly impractical, as large, disruptive.
[14:54:03] So the plan to me should be for the government to provide a public coverage option that then out competes the private insurers and squeezing them out over time. Now, to your point, Kurt, it is true of Medicare for all means certain things to certain people. And you're probably right that universal healthcare would be a better way to frame it.
[14:54:27] I make Americans think harder. I would challenge you to think harder to look for chess moves that may reduce the size of government and make it a free country. Such as if a state legislature says no more zoning restrictions in every city and town immediately, there will be an abundance of new jobs and demolition and construction.
[14:54:50] And with the glut of housing of the meeting, the modern code, that would immediately be landlords scrambling to find tenants. But half the rents that they're paying now, more people waiting at each less stop. They would be the bus companies that extend their employees and their goods. And people wouldn't have to pay for a parking lot when they don't even have a car.
[14:55:12] This man strikes me as so. And it was you know, it wasn't him to wait for.
[14:55:15] My name is Tom Ellis here. I used to be a state rep here briefly many years. I know you from here in New Hampshire.
[14:55:20] I live in Hudson, New Hampshire now because I was going to comment that you sounded and felt so New Hampshire to me in their response like this, you know, libertarian element to this idea. And I'm sympathetic toward many aspects of it. We do have to lighten up on some of the restrictions on development. A lot of the restrictions are NIMBYism. We're just saying, like, not my backyard. Affordable housing is good in the abstract, but not here, because, you know, I don't want it to depress my.
[14:55:47] My home is values and big picture in terms of the federal government. Donald Trump said he wants to drain the swamp. In many ways, he was not wrong again as the richest city in our country. And what are they producing? Unclear. So he said he wanted to drain the swamp. I want to distribute the swamp. Why would you have tens of thousands of employees and buildings in the most expensive city in the country?
[14:56:15] You should be moving those agencies to Ohio or Michigan or New Hampshire or Florida or a place that would actually love to have that economic activity. The cost would be much lower because everything is cheaper in these places. And I would argue the decisions would be better because they would actually be tied to our communities and make decisions not from the bubble of D.C., but from an actual place where other people are working and living relatively normal lives. So I'm sympathetic to much of what you're describing. And I do think that zoning regs are standing in the way of a lot of the affordable housing development that you're seeking.
[14:56:54] I like his sweater to wear that. No, I'm sure, though. WW WW Dodge job.
[14:56:59] Yang joins me now. Mr. Yang, I was at your Hannover Town Hall event about a month ago.
[14:57:06] And just a quick disclaimer, this gives you a little bit long, but I'll get this as short as possible because this is the best way that I can get my message out to people. But and I think this would encapsulate what we're kind of all thinking. So, Mr. Yang, there has not been a poll in an early state released in 47 days. Tom Perez, the chairman of the DNC, just rejected your request for the DNC to conduct and released more early state polls, essentially cutting off a vital pathway to the January debate.
[14:57:36] On Perez's Twitter biography, he writes and I quote, likes the Buffalo Bills, the Democrats in fighting for the little guy, though not in that order. Well, apparently he doesn't like fighting for the little guy who is over 400000 donors, including some here right now in New Hampshire. Which would you look at? That is an early state.
[14:57:55] So to the people in the room, we have a chance to raise Elizabeth Warren for the fourth quarter, and I'm going to look towards kind of the biggest camera in the room. Plus, if there is someone from the DNC watching.
[14:58:12] Oh, shoot.
[14:58:14] If there's someone from the DNC watching, look at the crowd. We've crammed over one hundred people into a room built for 30. There are people watching from out the door.
[14:58:25] The people is my points. I cannot even vote in the 2020 general election. But I'm the most passionate of this and I have let anything happen in a long time. Hold on a minute. Hi, I'm in.
[14:58:48] So, Tom Perez, fight for the little guy, play for all the little guys in this room, fight for the American people, all the people, all the people. It seems like we're not going to get much help in this process. So to the people over 18 years old, keep phone banking, keep canvasing, keep young people, keep making America think harder because we all know it's not left. It's not right. It's forward. And I'm a part of the gang gang because I'm scared of the future in America and in my age group. I'm not alone.
[14:59:16] So, Mr. Gang, do you have any thoughts on the issue of.
[14:59:25] Are you're making me feel better about the future? Al is just by being so passionate and I think.
[14:59:34] Leadership on your part? I believe we're going to get the polls we need in the right time frame and I'll be on that debate stage in January. What is the number one criteria for Democratic voters for the nominee beating Donald Trump? That's right.
[14:59:50] And a poll right here in New Hampshire said that 10 percent of Donald Trump voters would support me over Donald Trump in the general election. Another poll said that 18 percent of college Republicans would choose me over Trump, unlike any of the other candidates in the field.
[15:00:05] I am drawing in disaffected Trump voters, libertarians and independents, as well as Democrats and progressives. I am the best candidate to take Donald Trump on and beat him. That's why as soon as they poll New Hampshire and Iowa, we'll see that we're well above the DNC threshold. And I will say, I'm very confident we're going to make the debate stage. We've actually offered to the DNC to pay for the polls because they were complaining of our cost and those like we'll pay for it.
[15:00:33] So we'll make that debate stage in January. But more importantly, this campaign is going to keep growing and growing because we are talking about the issues that Americans care about and the problems that we see around us every day. Really, this man, you really are an inspiration to me. Like, thank you so much. And he's also a poster child for the reason why I believe we should lower the voting age to 16. Yes.
[15:00:59] You heard me out there, some of you were like, that seems aggressive, but 16 year olds can pay taxes. If you had 16 year olds being able to vote, it would transform every high school in the country into a political hotbed instead of with us, you know, instead of something like, oh, we don't talk about it, no one, you can actually vote.
[15:01:17] Studies have shown that the earlier your first vote is the more likely you are to vote throughout your life. And frankly, you're going to be here longer. You should have a say in what's going up. The main counterargument to this is that 16 year olds are too immature and ill informed to vote. And I think Alice does prove that to be nonsense. Am I right?
[15:01:37] Everyone is waiting for you. Less than one million dollars to the three million dollar career for fundraising goals, so people keep donating. We've got to make it like the playoffs as a passionate young person here in New Hampshire.
SALEM TOWN HALL - LU3 ORIGINALLY
[16:44:34] We thank you all for being here. And what an inspirational story. Let's give a person another round of applause.
[16:44:46] It's so beautiful.
[16:44:47] So proud to have you as part of the campaign. I've been running for president now for two years plus. But my story actually started right here in New Hampshire. I don't know how many of you know, I went to high school here in the state. Raise your hand. You knew that you set your head like. No. I graduated from Phillips Exeter Academy in 1992.
[16:45:07] Then I went to college in Rhode Island. Nearby was an unhappy lawyer for five whole months, left to start an ill fated company that crashed and burned. But I do it bitten by the bug. I worked in small businesses and growth companies for another 10 years and I'd say shout out to Lane and coffee coffee for hosting us here in.
[16:45:31] As I love small businesses so much, oil is the lifeblood of any community. When I went back and I spoke at Exeter, I actually unpacked some of what brought me to run for president today. So if you know anything about Phillips Exeter Academy, it's a very, very competitive school, like a bit of a pressure cooker, you would call it. And out of Exeter, you are very likely to head to a place like Wall Street and work at an investment bank and create financial instruments that ended up crashing the economy in 2009, about 10 years ago.
[16:46:06] That was the recipe for success for literally some of my friends from PTA. And so in 2009, when the financial crisis was in full bloom, I thought, what a train wreck. If we have our talent heading to a place like Wall Street to cook up mortgage backed securities that ended up crashing our economy. So I thought, well, what would I rather our energies be devoted to? And the vision I had was to head to places like Detroit, Cleveland, Birmingham, New Orleans, Pittsburgh and start businesses and create jobs.
[16:46:38] So I spent seven years running a nonprofit that I started. How do you all work in nonprofits? How do you volunteer in nonprofits? Just raise your hand just for the heck of it on that one, just to make yourself look good for your neighbors.
[16:46:51] Of course I volunteer.
[16:46:54] So you start a nonprofit. The way I started this nonprofit was I put up some seed money and I started calling rich people with the question, Do you love America?
[16:47:03] And then the smart among them said, What does it mean if I say yes? And then I said 10000 dollars. And then one of them said, I love America for that much. It's like I thought you did. So we raised a couple hundred thousand and then it grew to the millions, helped create several thousand jobs around the country in 15 cities. So I spent seven years doing was honored by the Obama administration. But unfortunately, what I saw when I traveled the country was that things were getting worse, not better in many, many places.
[16:47:30] And for any job that I was helping to create, we were losing dozens or even hundreds of jobs because of plants closing and now stores and malls closing. How many of you noticed stores and malls closing around where you live in this part of New Hampshire? And why are those stores closing? Amazon, right. Amazon soaking up 20 billion dollars in business every year, closing 30 percent of America's stores in malls. How much should Amazon pay in federal taxes last year?
[16:47:55] Zero. That's your math. New Hampshire, 20 billion out 0 back 3 percent of stores and malls close most common job. The economy is retail clerk. Which retail clerks? A 39 year old woman. So I started seeing the pace and rate of the economic changes. And what it led me to was that this rugged individualism, this meritocracy that is package to us is not actually real. At this point that it's rugged individualism for individuals. But if you are a Wall Street bank and you are on the brink of collapse, what happens?
[16:48:27] The government comes to rescue you with four trillion dollars and drops it in your lap. But if you're a homeowner and your home's under water or the tide is going out or your factory closes or main street closes, that's on you, that's your fault or problem. And right now, this American dream that my family came here to find and have benefited from is dying by the numbers. I'm a numbers guy. If you were born in the 1940s, the United States, there's a 93 percent chance that you're gonna be better off than your parents if you were born in the 1990s or down to a 50 50 shot in declining fast.
[16:49:04] These are the things I got Donald Trump elected and this thought that if you're smart and hardworking, you make it. And if you aren't making it, that it's somehow on you. That's a farce. It's not true anymore in American life. And what led me to run for president on top of the fact that we're going through this fundamental economic transformation was the personal growth and lessons I encountered when my older son was discovered to be autistic when he was 3. So we were a first time parents and Christopher had struggles. But as a first time parent, you don't know if that's the norm. Maybe two year olds act like this, maybe three year olds act like this.
[16:49:51] And when we got the diagnosis, it was actually a relief for me and my wife because we're like, OK, this is something that we now understand and we can bring resources to bear. But most families are not in position to be able to bring resources to bear when they have special needs children.
[16:50:12] How many of you know someone with special needs or autism or neuro logically topicality? Yeah, it's all a look around the room. There's literally every single person. It could be that that was one of the themes of the event and that would be what brought you here. But I would suggest that in any group of Americans, most hands would go up. That this is the new normal. So what Carstens experienced and what we're describing.
[16:50:38] This is my mission with the campaign and it's what New Hampshire has to transform about our country as quickly as possible. And it is this that economic value and human value are different, that right now we've collectively been brainwashed to think that our value is determined by what the market says we are worth. And if the market says we are worth nothing, then we are worth nothing. That is how you wind up with these conclusions, like when a coal mine closes.
[16:51:05] We should turn the coal miners into coders, even though that makes zero sense. The only way I would make sense is one, if those people literally have no value if the market doesn't attribute them value. So we have to turn them into something that does have value. That logic is going to ruin us. It's ruining us already and it's ruining families who are struggling with special needs children and their communities don't have the resources to support them. It's ruining us because more and more Americans look up and do not see a clear path for themselves and their family.
[16:51:41] And because we don't understand it, it's turning us against each other. There is this mindset of scarcity that is now dominating most of our society, because in this country, 78 percent of us are struggling paycheck to paycheck. Almost half of us can't afford an unexpected five hundred dollar dollar bill. And in that environment, it's very easy to have your heads down and blame each other for things not going well.
[16:52:05] I have been to the mountaintop and I have seen the unimaginable wealth that exists in this country. It is staggering. It is unbelievable. I have been to some of the poorest parts of this country. And if anyone tells you that we do not have the resources to improve our own lives, just tell them. Do you remember voting for the four trillion dollar bailout of Wall Street? And they will look at it being like, I do not remember voting for that.
[16:52:30] And then do you remember anyone complaining about where we're going gonna get the money? Remember that? They named it quantitative easing. So they hoped that we wouldn't notice. But you all are smart enough to know what is going on in the rest of the country. The big challenge now is to rewrite the rules of our economy and society, to work for my son, to work for your children, to work for Carson.
[16:52:53] And this is independent of what the market thinks about us. You know what I mean? Because this is the age of artificial intelligence. And A.I. is going to come out and make trucks that drive themselves in the robot truck. Doesn't care if you are the hardworking, conscientious trucker or the less hardworking truck driver. The robot truck can drive 24/7. The A.I. can read the radiology film better than the most experienced doctor because it can see shades of gray that the human eye cannot and it can reference millions of data points.
[16:53:29] Whereas the smartest doctor can only reference hundreds or thousands. It has nothing to do with that doctors work ethic or character. So we have to say to the rest of the country that we have intrinsic value as people that regardless of what the market is doing, as the market is sucking up more and more value, as Amazon's depleting our communities, as Facebook literally is selling and reselling our data for billions of dollars and we're not seeing a dime. It is up to you really here in New Hampshire to reclaim.
[16:54:03] Our government and rewrite the rules to work for us. There is no one else to do it. That's why I love campaigning here in New Hampshire so much. I did the math. You know how many Californians each of you is worth?
[16:54:18] Approximately 1000 Californians each. So look around this room. How many people do we have? What's that? What's the fire code here?
[16:54:27] It's going to be that minus one.
[16:54:31] So let's say there are a hundred people here today in this group. That's like two and a half football stadiums full of Californians. That is the power in this room to change the future of this country, to let our fellow Americans know that we are worth everything. It's not that we work for the economy. The economy needs to work for us. It's not that we're inputs into the giant machine. The machine has to be made to work for us. Now, part of this is it's universal. It's not about. Party for sure.
[16:55:08] That's one reason why I say it's not left, it's right, it's forward. But the difference between someone who is able bodied and not in the 21st century will diminish quite rapidly. No, like if you look at someone and you say, hey, like you're on your own. It's not going to work. We have to bring people together and see that these are the issues that we're all facing. So I'm thrilled to be releasing today a policy that supports families who are dealing with the same issues that my wife and I have as parents because right now.
[16:55:46] The federal government said that they would fund 40 percent of their resources necessary to educate kids with special needs around the country. D.C. being D.C., they actually funded about 15 percent. I'm saying it should be 100 percent and that's what I will make happen as your president.
[16:56:05] As.
[16:56:10] Of my fundamental message to you all is that if the rules of the 21st century economy are not working for you and your family, then they're not working, period. And it is in your power and your power alone to change that. So I hope you'll join with me and Carson and the rest of the team to do just that. And I'm looking forward to taking questions from you all. Thank you all so much.
[16:56:39] Perfect. Thank you so much. We are going to now open up the floor for questions, and I think we're going to start with the questions around disability first a little bit and then from there we can kind of open up as we go on. So questions about policy or disability or anything in that realm. Oh, yes. We have a micro hearing, me and Andrew going to show to make sure all parts of. Killing this gentleman.
[16:57:11] Hello, my name is Alex Bennett, and my question around disability is Andrew. I know that you take a lot of policy positions or information from what Germany does. And I know that's true from mechanical education. But my mom, she married a German guy. And so my three little sisters are German and one of them has a mental disability.
[16:57:31] And the way that they integrate her into the classroom is far more advanced than what they do in the United States. And I was wondering what kind of different places they to take your policy positions and what you want to implement for people with mental disability, for them to be more of a productive part of the community.
[16:57:50] Thank you, Alex.
[16:57:54] One of the German role modeling examples that Alex is referring to, because you see me in another context, is that only 6 percent of American high school students are in technical or vocational programs. And in Germany, that's 59 percent. Think about that golf. So we need to bridge that golf here in the United States because we're overly emphasizing college, college, college. And the reality is only about a third of Americans graduate from college.
[16:58:19] A lot of people are attending college that it's not a good fit for. And many should be heading to these vocational and apprenticeship programs. If we actually. Stopped in a lab and equipment and a local employer and the training necessary to put them on a more sustainable path. As you know, I'm concerned with the fact that we're automating away a lot of the lot of the most common jobs in our country, which we are 40 percent in the next 10 to 20 years. Trucking being one of the most common.
[16:58:57] But it's very, very hard to automate away a tower climber or an h vac repair person or a plumber. Can you imagine what it would take to make a robot plumber? It's a joke. It's like impossible. It's gonna be a human being for a long time. So we need to invest significantly in in trade and apprenticeship programs the way Germany has. And the fact that Germany is ahead of us in integrating people with different no logical profiles in the classroom is not surprising to me.
[16:59:22] One of the things we do too often in America is we silo kids off. We say, hey, you go there and then these kids go here. And that's actually not the way human beings learn and develop naturally. If you think about the course of human history, kids learn from other kids very often. And so you need people with different profiles were in a classroom. The other thing I would do in the classroom, we have to lighten up on standardized tests in this country as this would help people different profiles to you know, we invented the S.A.T. during World War Two as a means to identify which kids not to send to the frontlines.
[17:00:01] Think about how dark that is. And then we took that test and now we're bludgeoning our kids with it every single year. It's distorting teacher behavior. It's it's making it so that our kids feel like they're. Not worth as much as they are. And so that's another move we can make that would ease the integration of people with different profiles of the classroom. Well, while we're waiting on a question, I just want to comment about one of the main themes of the campaign, and this will help change a lot of things right now.
[17:00:38] The government and the media, don't forget the media are presenting a few measurements to us as to how we are doing. All right. Number one is GDP. Number two in stock market prices. And number three is headline unemployment. And so they run around saying things are great, things are great, things are great. And then we're looking at being like, why do I not feel like things are great? So you have record high corporate profits and GDP in this country right now. Also at record highs.
[17:01:04] Stress. Anxiety. Student loan debt. Financial insecurity. Drug overdoses and suicides. And New Hampshire, unfortunately, is one of the epicenters of the opiate epidemic. But nationwide, eight Americans are dying every hour from drugs. It is so bad that our life expectancy has declined for three years in a row. First time in 100 years that's happened. Last time it happened was the Spanish flu of 1918, a global pandemic that killed millions.
[17:01:30] It is not normal in a developed country for our life expectancy to be climbing. So when the media and the government run around saying things are great, things are great and you feel like things are not great. You are right and they are wrong by the numbers that if you had the real numbers, you would see where the midst of a mental health crisis, you would see where our life expectancy is declining civic engagement. A lot of the things that you would use as indicators of health of a society or community are all in the red. And this extends to what we need to do for people of different capacities who are disabled or on different parts of the spectrum.
[17:02:08] So if you shift our measurements from saying GDP, corporate profits to our health, our mental health, clean air and clean water, then all of a sudden anything that makes our kids and our people stronger is an investment. That means paying teachers more. That means having more teachers in the classroom. That means actually putting resources in place to make ourselves stronger. Instead of seeing these things as costs like, it's very hard to argue when you go to the school district and say, hey, my kid needs help. And they're like, we don't have the money because they're in an environment of scarcity.
[17:02:47] And they're like, I've got a budget and I can only move so many things around. But if you actually change the measuring stick of the economy to how that kid is doing. We all know if you were the parent of a special needs child, you know, if you invest enough in that child's development early on, it can be a game changer for the rest of their life. What is the economic and human return of changing that kid's life for 70 years? And so then you go to the school district and say, I need this. They say, yes, you do, because we need to put that investment in place. And that's actually how we measure success. That's what we need to change.
[17:03:26] As you know, G.G., just enough from me, I'm sure I was a teacher in the classroom for 17 years. Fifth grade for 15 years. Yeah. And upon thinking about what you just said, how do you get that done? You know, I came from a place where one teacher. Twenty five. Twenty seven kids, many special needs kids, no help. And I have young relatives now who have special needs. And one of them isn't going to school being. He's autistic, being homeschooled because of behavior. Parents don't have any faith in the systems. How do you get that done?
[17:04:11] That is what we have to address. And I've been that parent. Christopher has behavioral and social problems and would not thrive in many, many environments. In our case, we have him in a special needs school and he gets a lot of individualized attention right now. If you go to that public school, they don't have any individual to actually be able to help manage that child. So that's the change. And that's where the federal government comes in. So the federal government has magical powers that towns do not.
[17:04:46] No, I mean like that. That's where the 4 trillion came from. That's where the one point five trillion that went to corporations came from just the other year. If you were a school district and you say, look, I can't afford an individual teacher to help manage your child. That is what this bill that would put 50 billion dollars right towards schools to be able to pay for that special needs teacher in that classroom. So you can't put communities in position where they feel like they have to rob Peter to pay Paul.
[17:05:16] No, you have to say, look, this is a society wide problem and here are the resources to deal with it, particularly because what you are seeing in your family is, again, the new normal. Every indicator is that the number of autistic and special needs children is rising and rising and rising. So we need to invest right now and we have to do this at the national level so that your is that your relatives? So that your relatives actually feel like they can send their son to school and be able to trust the system. Because I understand why they don't right now. Let's give her a round of applause for teaching fifth graders at the.
[17:05:54] I have to say, I as a parent, too.
[17:05:56] I'm so grateful when there is an awesome teacher because you can tell the teacher is investing in your kids every single day. You drop your child off and you're like, oh, you know, you know it. You know, when when they're in the presence of a good teacher, you remind me of my fifth grade teacher, actually.
[17:06:13] What it's worth, I mean, I just I'm like, oh, great. That seems like a great teacher.
[17:06:19] I'm sorry.
[17:06:24] They don't. I'm Andrew Chavez. I'm actually from Massachusetts down in Andover. I'm just curious, with mental health, mental health and mental illness being so prominent in today's society. How do you plan on helping people who are either uninsured or don't have the means to go to a psychiatrist, psychologist, therapist or or even just too embarrassed to go to a counselor at school?
[17:06:46] Thanks, Andrew. It's a great question.
[17:06:49] The first thing we have to do is destigmatize mental illness and struggles. And so I think I'm 100 percent sure that my family is not the first political family to have autism and the family special needs child. I think we may be one of the first families to talk openly about it, which to me is messed up. You know, it's like I think politicians historically been like, oh, let's like, you know, have this facade that we're presenting to the world.
[17:07:14] Whereas for us, we love our son. You know, he's our son. Like, we think that society loves him, too. And with mental illness, we have to let people know it's like everyone's struggles. It's almost universal to the human condition. And if you need help, we should be there to to get you that help. I'm for universal health care so that people will be able to see the professionals they need when they need them. I want to integrate our mental health system and our hospitals because a lot of the time the physical ailments we go into hospitals with have a mental health component. You're talking about addiction, obesity, like a lot of it like diabetes.
[17:07:57] There are a lot of things that are tied together with a body in the mind. And when communities have integrated their medical system in their mental health system, they've seen incredible results. So we need to try and do that society wide. But it starts with covering all Americans so that we can get access to the health care we need and making sure there's no stigma attached to it.
[17:08:26] This also means training more professionals because many communities are mental health deserts in terms of having practitioners and counselors. So I want you all to reflect on some news doctors as an example. Why do we not have enough doctors in United States of America? Is it because not enough young people wanted to be doctors?
[17:08:43] No, it's because.
[17:08:49] We've constrained the supply of doctors because the doctors want to make more money. Honestly, if you think about it, we had a physician shortage for decades. Why wouldn't you expand supply? It's because the AMA was like we kind of like the number where it is. And we've made training as a doctor so expensive that after you get your degree, you don't want to head towards particular parts of the country doing particular types of work because you'll never repay the debt.
[17:09:16] And we've made it so that if you want to go into this entire process, what do you have to do? Be great at these standardized tests. We've set up as this gate to have you go through and then load you up with that. So what you have to do over time is you have to broad in the nature of the training, make it lighter cost or if it is still super expensive. You pay back the debt. If someone goes to an underserved area, because right now in this country, everything revolves around the almighty dollar and it's depleting many, many towns and communities around the country.
[17:09:49] And the subtext is that, well, that's the town's fault. Or maybe those people should all moved to Seattle or some other nonsense, you know, like we have to make it work for people where they are. And so if people aren't getting the care that they need because the market's not delivering it, then we have to create the incentives so that someone can get the training needed to help that community and then actually go to that community.
[17:10:21] Hi, Larry. Somehow. Thanks for being here along the lines of insurance. We were at the FDA FDR Library this weekend toward the library in New York, and they had an exhibit about Social Security. And one of the things they said was, you know, we put in place Social Security to let the old people retire so their jobs would free up for the next generation. And why aren't we talking about that with insurance?
[17:10:56] Because I'm at a point where every two years my company does an early buyout and I've reached that age where, you know, I could consider taking it, but I can't because I'm still paying. You know, I'd be paying two thousand dollars a month for health insurance. That's keeping me in place and not freeing my job up for the next generation. And I think that's a really good argument that I don't hear anyone talking about.
[17:11:24] I love this argument.
[17:11:27] I love this argument because as someone who's run a business, I know that our current health insurance system is terrible for the labor market. It's terrible on so many levels.
[17:11:37] It makes it harder to hire someone. It makes it harder for all of us to change jobs because you're afraid of losing your health insurance. It makes it a thousand times harder to start a business because what do you do about health insurance then? And it makes it so that if you do hire people, what do you do? You turn them all into temps and contractors and gig workers because you don't want to pay for the health care. If we were to get health care off the backs of businesses and families, it would be the greatest catalyst to dynamism and entrepreneurship and creativity and.
[17:12:14] People taking risks in a way that right now they don't feel they can because they have families, they have health insurance and the rest of it. So I could not agree with you more that we're in the worst of all worlds right now. And this is an accident like. There was no grand design to tie insurance to your employment, but now we're here. And at this point, half of Americans are getting insurance from their jobs. So the plan has to be for us to provide universal coverage and then over time, squeeze out the private insurance plans and let people know that the public plan works as well or better.
[17:12:53] I'm not someone who thinks we can legislate away private insurance because many people literally negotiated away wages for that insurance and many Americans enjoy their coverage. But we have to outcompete and demonstrate that we can do a better job. And if the government actually negotiates properly, it should be able to do a better job because of the clout and the bargaining power that it would be able to bring to the market. Well, I love this argument so much. I made actually a similar argument in one of the first debates where I talked about how our current health insurance model is keeping us in place.
[17:13:29] And if we let it if we let it get covered by the state in a different way, then we'd be much freer to do the kind of work we want to do. It sounds like you consider taking this buyout. So that sounds like it would be a win on a couple levels because then someone could take your job, which I'm sure is a job they want. And you could do something else like run for president 20 24.
[17:13:52] What's your name? Let's put it should happen to me.
[17:14:01] Hello.
[17:14:03] Hi. I'm Maryland. I live in Salem. I am a teacher as president. How are you going to bring Congress along with your wonderful progressive policies, at least to moderate Republicans? We know some you'll never reach. But how could you make them look like you were asking these questions to?
[17:14:23] My flagship proposal is putting a thousand bucks a month in everyone's hands. How many of you knew about that? Was that right?
[17:14:28] Oh, yeah, that's right. Andrew Yang is the give everyone money guy.
[17:14:35] Now, after I become your president, thanks to you all. Thank you, Hampshire. Twenty, twenty. The Democrats will be so pumped to beat Donald Trump that like, yeah, we did it. We've got the White House, we've got some in Congress. And let's get something done that's going to put more money in the hands of children and families, make a stronger, healthier, mentally healthier. But here's the kicker. What are Republicans going to say about the dividend? There's one state that's had a dividend for almost 40 years now, and that state is Alaska. It's a deep red conservative state. It was passed by a Republican governor and he said this. He said to the Alaskan people, a lot of oil money.
[17:15:10] Who'd rather get it? The government. Who is going to screw it up somehow or you, the Alaskan people and the Alaskan said us, please. And he said, I thought so. And now Alaska has been lobbying this dividend for almost 40 years. Alaskans are a little bit like New Hampshire residents where they really detest taxes. But even Alaskans said they would accept higher levels of taxes if it meant keeping or growing the dividend because it's the beat, their favorite thing that the government ever does.
[17:15:36] And like the dividend they all agree on. And I don't need every Republican to get on board with the dividend, I just need a critical mass. And if you think about the impact of the dividend, who does it help it? It helps people in rural areas. It helps red states on the interior that have lost a lot of their economic drivers. So can you imagine the office of a Congress person who's like, I don't like this dividend. The money's gonna hurt you.
[17:16:01] People in his district would be like, are you out of your mind? Yang wants to give everyone the dividend. I kind of like it.
[17:16:11] And there was a poll that ran here in New Hampshire that said that 10 percent of Trump voters would pick me over Trump in the general election. Another survey said that 18 percent of college Republicans would choose me over Trump in the general. So I have built an appeal to that side of the aisle because I'm nonpartisan and I'm not ideological. I'm just solutions oriented. My flagship proposal is something that Milton Friedman and Martin Luther King and Thomas Paine were all for. It kind of defies party boundaries.
[17:16:42] And I have friends who are moderate Republicans and libertarians and independents, and they feel like we can see eye to eye to get things done. I believe I'm actually uniquely situated among the candidates for president to get into Washington and get things done for this reason. And I will have people in my administration who are from different. Political backgrounds, because to me, it's just about people who want to help improve our way of life. And I believe you can find people like that on both sides of the aisle.
[17:17:19] OK, we have time. Just a couple more questions before you wrap up. I believe I have someone right here.
[17:17:26] Hi, my name is Louise. I live in Massachusetts, but I work in Salem, New Hampshire, and I asked my boss if I could leave early so I could come here and he said that he wouldn't come here because he wants to ask you a question. So he saw your ad today and he says, how could a regular blue collar average person pay more in taxes than a billion dollar corporation like you mentioned, Amazon? How does that happen?
[17:17:50] That's the question.
[17:17:51] How does a trillion dollar tech company like I was on pay zero taxes? How is that possible? It's not just Amazon. Other. There was another. There are other very, very big companies like Netflix. No taxes. Yeah, Starbucks, too. It's true. It's funny. I mean, we all probably feel more positively towards Starbucks.
[17:18:14] So so the coffee coffee pays taxes. When I ran.
[17:18:20] That's one reason we should patronize them. Oh, what's this?
[17:18:24] The presidential blood for Andrew Yang.
[17:18:33] Do they have a set of adjectives associated with it? It'll be like. Like smart, forward thinking. So the way Amazon doesn't pay any taxes is they play a few games. Number one, the most common game, if you are a large multinational firm, is you park the revenue overseas. You say it all went through Ireland because is this crazy tax haven and you never bring it back to the U.S.. So right now, the biggest tech companies have tens of billions of dollars in overseas earnings parked in banks in Ireland and other parts of the world.
[17:19:11] And as soon as it touches down here in American soil, it gets taxed. So it never touches back here on American soil. So that's big game number one. Big game. Number two is a company like Amazon can be valued at a trillion dollars and not even make profits in a given quarter. And this is ironic, but a Wal-Mart executive complained to me. How can you compete against a company that does not need to make money?
[17:19:35] And I laughed at him. I was like Wal Mart, you guys put so many people out of business. Oh, but but he had a fair point because Amazon has that valuation, despite in some quarters turning 0 profit. So what they do is they spend money very, very aggressively. They gobble up other businesses. They compensate their executives with these big stock option pools that they can then expense in various ways.
[17:20:04] And anytime they think they might pay taxes, they spend money in a way to try to keep the taxes close to zero. But the main game they'll play is they'll park it overseas. There are a few different things that they do to avoid paying meaningful taxes. And as someone who ran a private business myself for years. What I mean, there's a personal question sorta. But Lynn, what are you paying here? Coffee. Coffee.
[17:20:29] But like order of magnitude.
[17:20:33] Well, because when I ran a private company, I was paying 40 to 50 percent in taxes. All in and I would look at my account and be like, what are you doing something wrong? Am I doing something wrong? Like, why am I getting it stuck to me this badly? And he's like, no, that is the tax rate. That is what if you were a private business, you pay. And then when you see that Amazon is paying zero taxes, you're like, what is going on where our tax code is geared towards these behemoth corporations that right now are.
[17:21:05] Depleting our communities. And if you're a private business like coffee, coffee, you're paying 30, 40. I'm not. I don't. New Hampshire might not be as high as this business. I it was in New York State, which is a high tax place. So you don't get up to 50 percent. But so I'll stop it at 40. Like a small business here, I might be paying 20 to 40 percent in taxes. You can tell your boss that. Yes. Thank you for asking. So what I did is I look around the world and I look for what has worked in other places.
[17:21:41] So if you were another developed country, you look up and say, hey, Amazon can't be paying zero taxes. What we're going to do is they're going to set up essentially a tiny toll booth at every point of sale. So imagine this country, which is going to be the United States of America. After I'm president. Where we the people of this country, you get a tiny smidgen of every Amazon sale, every Google search, every Facebook ad, eventually every robot truck mile and every day I work unit. Right now, if you had this tool in place, it would generate about 800 billion in new revenue and rising.
[17:22:12] And it's unavoidable because it's at the point of sale. This is what other developed countries have already figured out. You can't game your way out of it. One of the jokes I tell, but it's true, Jeff Bezos is now worth 109 billion dollars post divorce. If we were to ratchet up the income tax rate to, let's call it 75 percent, how much of his hundred nine billion dollars would we get? None, because he's not dumb enough to pay himself 2 billion dollars or 10 billion dollars a year. He pays himself like a relatively modest salary and then his money is all parked in this Amazon stock.
[17:22:47] So if you wanted to get that value, you set the toll up, then you end up getting hundreds of millions, even billions from just at the point of sale of his business. And then when he takes a billion dollars out of Amazon stock every year, which he does do to buy rocket ships to Mars, he does that. It's called Blue Origin. You look it up. You take a toll on that, too. So you get his money coming and going into the business. And this is something that other countries have figured out that we need to catch up on.
[17:23:18] So that is the plan. Math, I love it. Yes.
[17:23:25] OK, great. Thank you so, so much, everyone. We actually because we are running out on time. We need to go ahead and move into our selfie line moment, which Andrew always loves getting having a chance with everyone. So because we are short on time, everyone will have a chance to either. Or if you come into line, will for either an autograph or a photo, there won't be time for both. So be thinking now. But which one you would like? Andrew is going to be here and we're going to line up starting along here and wrap right around. So thank you so much, everyone. We were talking about.
EXETER TOWN HALL - LU 3 ORIGINALLY
[19:27:24] Well, hello to him, sir.
[19:27:30] Oh, it is great to be back. I went to high school here, I stayed in this in just a few months ago.
[19:27:35] How many you actually saw me speak at P.A.? A few of you. I thought, wow, are you student? So fun. I graduated from Phillips Exeter in nineteen ninety two. I'm going to be new that. Yes.
[19:27:50] Well, and I get 100 percent affirm that I would never be running for president if I had not attended Exeter because I grew up the son of immigrants. And the conversations around the young household were not going to run for president someday.
[19:28:03] And in Exeter, those are also not the conversations. But after X-ray, I went to a brown university. Anyone here do that? Really awesome. And then I went to New York City and went to law school and became a lawyer. I was an unhappy lawyer for five whole months and then left to start an ill fated dot.com. How many of you started a business organization? All right. So if you had your hand up, you know, two things. Number one, it's much, much harder than anyone ever lets on. And number two, when someone asks you how it's going, what do you say?
[19:28:41] Great. Only one answer that question.
[19:28:45] So my business went great until it failed. My parents told people I was still a lawyer and is doing great. And I've been bitten by the bug and I said I need to try and get better at this. Building something. So I worked at another startup and then another. And then I became the head of an education company that grew to become number one in the U.S. Then it was bought by a bigger company in 2009. 2009 was a very tough time in much of the country.
[19:29:14] Can you believe the financial crisis was 10 years ago now and this community was better insulated than many others, but it was a devastating time for much of the country. And I thought I had some insight as to why the financial crisis had unfolded is because so many of the, frankly, very smart kids I've gone to Exeter and Brown and Columbia with had headed to Wall Street and come up with mortgage backed securities and derivatives and exotic financial instruments. And that had crashed the economy.
[19:29:46] And I thought, what a train wreck. That does not seem like what you would want your talent and energy dedicated to. So then I thought, well, what would you want to dedicate your talent and energy to? And the idea I had was that our young people should head to Detroit, Cleveland, Birmingham, St. Lewis, Pittsburgh and help create businesses. But that thought that thought seemed out of reach because I tried to start a business myself in my 20s and it failed.
[19:30:17] So it would be impossible to ask people to take on that same mission in cities that were new to them. But I thought, well, what would be realistic is for them to learn the same way I learned because I apprenticed to more experienced entrepreneurs and leaders for a number of years to develop. So I thought, well, you could have enterprising young people go work at existing growth companies in Detroit, Cleveland, St. Lewis, Baltimore, and then help those businesses grow.
[19:30:42] So that was the vision. I started a nonprofit called Venture for America to make that vision real. How did you all work at non-profits? You volunteer at nonprofits. You should all have your hand up or these pretend on that one.
[19:30:57] I feel like I'm a good person. Look around you. Anyone's fact checking you on that.
[19:31:04] So the way I started a nonprofit is I put some money in and I started calling rich friends with this question, Do you love America? Many smart among them said, What does it mean if I say yes to this question? And then I said, at least ten thousand dollars and a number of them, including friends from Exeter, said, I love America for 10000. So we raised a couple hundred thousand. I grew to the millions, helped create several thousand jobs in 15 cities around the country. I was honored by the Obama administration multiple times. I got to bring my wife to meet the president. So my in-laws were very excited about me that week.
[19:31:40] I look at this picture of our daughter with the president.
[19:31:46] How many of you? Grew up here in New Hampshire. Many of you northeast like me, I grew up in upstate New York. Midwest couple s. West Coast or Pistons or Mountain West? Anyone? So I grew up in upstate New York and then came here for high school and then Rhode Island for college. I had never been to Ohio, Michigan, Alabama, Louisiana, all these places that measure for America operated.
[19:32:17] And I was staggered by the Gulf between regions where if you fly between Michigan and Manhattan or St. Lewis and San Francisco, you feel like you're spanning dimensions or decades or ways of life and not just going a few timezones. How many of you had the same sort of experience you travel to other parts of the country? So I was trying to absorb what that felt like, where I was getting clapped on the back and brought to the White House, and I was I had this sinking feeling where the work I was doing was like pouring water into a bathtub that had a giant hole ripped in the bottom, that things were getting better, not worse in many, many communities in Ohio and Michigan and Missouri.
[19:32:54] And then Donald Trump won the election of 2016. How did you all react when that happened? Tears, shock. Well, I've never heard regurgitation. But there are many people who I'm sure had that that impulse. I thought his victory was a massive red flag where tens of millions of our fellow Americans decided that taking a bet on the narcissist reality TV star was the way to go. And though you might have reacted with shock or dismay or disbelief, we all have family members or friends or neighbors who celebrated.
[19:33:36] That's particularly true right here in New Hampshire. Now, if you were to turn on cable news and try and figure out why Donald Trump's our president today, what answers would you get if you just turn on one of the big networks, Russia? Well, this is at that time. So you could say economy, immigrants, Russia, Facebook, racism. Hillary Clinton, Wiener, and heard that one, but maybe Electoral College. Yeah. That's that. That might have been a big explanation. Many people didn't vote. Lack of turnout. Hillary Clinton emails.
[19:34:16] . So I'm a numbers guy and I looked at the numbers for a clearer explanation as to why he won. And I found it. We automated away 4 million manufacturing jobs that were primarily based in Ohio, Michigan, Pennsylvania, Wisconsin, Missouri, Iowa, all the swing states and that he needed to win if that list sounds familiar. This happened in New Hampshire, too, but it happened earlier in the northern part of the state. I've been to that part of the state. This state lost 12000 manufacturing jobs over a number of years.
[19:34:51] And if you go to one of those towns, those towns have never come back. Where the plant closed, the shopping center closed. They lost population. When I was up in the northern part. Of New Hampshire, the town supervisor said, we measure our progress by how many people leave. Like if the rate of departure slows down, that's actually progress for us. That's what happens in many manufacturing communities that are hard hit. Again, four million manufacturing jobs lost in the swing states primarily.
[19:35:21] And if you doubt this explanation, there's a straight line up between the adoption of industrial automation in a boating area and the movement towards Trump in that area. The strongest correlation you can find. And unfortunately, what we did to those jobs, we are now going to do two retail jobs. Call center jobs, fast food jobs, eventually truck driving jobs and on and on through the economy. How many of you noticed stores closing in? Your area of New Hampshire. And why are those stores closing?
[19:35:52] One word answer Amazon or Amazon soaking up 20 billion dollars in value every single year. Closing 30 percent of our stores in malls. Most common job in the United States. Retail clerk, average retail clerks, a 39 year old woman making between nine and ten dollars an hour. What is her next move going to be when the store closes? How much did Amazon pay in federal taxes last year? Zero. That's the math. New Hampshire. Twenty billion out. Thirty percent of stores in malls closed. Zero back. Most common job starts to disappear. When you all call the customer service line of a big company and you get the software robot, you do the same thing I do.
[19:36:28] Why did you pound 0 0 0 as a human human representative and to get some of that having to be. I'll do that. Oh, yeah, we all do that. That's always miserable. As soon as you hear the voice, you're like, oh, no, it's not funny.
[19:36:42] But in two or three short years, the software is going to sound like this. Hey, Andrew, how can I help you? It'll be seamless ambition. Delightful. You might not even realize that software unless you know. What does that going to mean for the two and a half million Americans who work at call centers right now making 14 bucks an hour? How many have you seen self-service kiosks in a fast food restaurant like McDonald's? Every location in the country in the next two years, they say itself, sir, kiosk.
[19:37:08] And now they're looking at the back of the house like the robot burger flippers and fry cookers. The rubber is really going to hit the road with truck driving or freight. How many of, you know, a truck driver here in New Hampshire? There are three and a half million truckers in the United States. Most common job in 29 states. My friends in California and I want you to imagine Asian guy goes to Exeter, goes to fancy schools. I literally have friends who are working on the self-driving trucks in Silicon Valley. They tell me they're 98 percent of the way there. A self-driving truck just took 20 tons of butter from California to Pennsylvania two weeks ago. Why butter? I've no idea.
[19:37:54] But if you Google robot butter truck.
[19:37:59] You'll see it comes up. And the reason why my friends in Silicon Valley are working on the robot trucks is because the cost savings are estimated to be one hundred sixty eight billion dollars a year. If they automate truck time and think about that number as the price I can. That's such a staggering sum that if you're an investor and someone comes to you and says, I've got software equipment that can help automate truck driving, I just need 500 million to develop it and hire hundreds of engineers.
[19:38:28] You write that check because you see the hundred sixty eight billion dollar a year pot of gold. And if this team can make any meaningful progress, you're gonna get your money back. Multiplied many, many times over. My friends tell me that self-driving trucks are five to ten years away from hitting our highways in earnest. What will that mean for the three and a half million Americans who drive a truck for a living?
[19:38:52] Or the 7 million plus Americans who work at truck stops, motels and diners that rely upon the truckers getting out and having a meal every day? Something like 10 percent of the jobs in the state of Nebraska support trucking. What will those towns look like when the truck doesn't need to stop? This is the greatest economic transformation in our country's history, what experts are calling the fourth industrial revolution. When is the last time you heard a politician say the words fourth industrial revolution? Two seconds ago.
[19:39:25] And I'm barely a politician.
[19:39:28] My wife would have run the other direction if she ever thought I was going to run for office again. Now the conversation around the AG now. So she jokes even now. It's like you make the worst politician ever because I'm really bad at lying. Got a terrible poker face. Even when I proposed to her, I was like so nervous. I think this ring of like burning a hole in my pocket, I was like, Oh my God, she knows. She knows.
[19:39:56] Anyway, what did happen?
[19:40:01] So I proposed and I eventually got a yes and the same general after noon period.
[19:40:13] I know. I'm not sure I've ever told people this.
[19:40:15] Sorry. I mean, I hope it doesn't. She's not embarrassed by this. But I think her exact reaction to me was, why are you doing this? Which is not exactly what you want to hear when you're on one knee. It's not exactly the desired response, but we got the. Yes, two kids later and happily married anyway. So my first reaction was not to run for president, even after I went through all these numbers that, oh, my gosh, we're scapegoating immigrants for problems immigrants have nothing to do with.
[19:40:50] We're going through this historic transformation. How are we going to help our people transition? My first move was to head to Washington, D.C., to sit down with our leaders and say, what are we going to do to help our people through this time? And what do you think the folks in D.C. said to me when I said, what are we going to do? Who are you? Nothing. The three major responses I got were these. Number one, we cannot talk about this, Andrew. Like, we cannot communicate this, the American people.
[19:41:23] Number two, we should study this further. Andrew. Number three, we must educate and retrain all Americans for the jobs of the future. Which sounds pretty good. How have you ever heard a politician say something effectively like that? No. But then I said, look, I looked at the studies. Do you all want to guess how effective the government funded retraining programs were for the manufacturing workers who lost their jobs?
[19:41:49] I'm anchoring you low because it's very low. Zero to 15 percent success rates. They're a total dud of the former manufacturing workers. Half left the workforce and never worked again. And of that group have filed for disability. You then saw surges in suicides and drug overdoses in those communities to the point where now America's life expectancy has declined for the last three years because suicides and drug overdoses have each overtaken vehicle deaths. That's cause of death in United States America.
[19:42:17] You know, the last time America's life expectancy declined for three years in a row. The Spanish flu of 1918, global pandemic that killed millions. You have to go back that far. It is highly unusual for life expectancy to ever to decline in a developed country. It only just goes in one direction, right? It is getting richer, stronger, healthier, just keeps creeping up. Highly unusual for it to go down once and then a second time. A third time. Almost unprecedented. You have to go back 100 years. So when I said this to the folks in D.C., one of them actually said to me, well, I guess we'll get better at it.
[19:42:53] And one person in D.C. said something that brought me here to you all tonight here in New Hampshire, he said, Andrew, you're the wrong town. No one here is going to do anything about this because fundamentally this is a town of followers, not leaders. And the only way we will do something about it is if you were to create a wave in other parts of the country and bring that wave crashing down in our heads. And I said challenge accepted. I'll be back in two and a half years. And that was two years ago, New Hampshire.
[19:43:20] And I stand before you tonight.
[19:43:28] I stand before you tonight, I'm fifth in the polls to become the Democratic nominee. We raised 10 million dollars last quarter in increments of only 30 dollars each. So my fans are almost as cheap as Bernie's.
[19:43:46] And we are growing because we are laser focused on the real problems, like I got Donald Trump elected and where advancing real solutions, we need to rewrite the rules of the 21st century economy to work for us and our people. Now, if you're here tonight and I really appreciate you braving the elements and coming here, I have to say I'm a briefing document anytime I do one of these events.
[19:44:07] And it said expected audience, 80 people. And I look around, I'm like, ha, this seems more like, what's the fire code in this room? So what I get again, anyone any trouble? But one of the reasons why I love campaigning here in New Hampshire so much is that you all have the future of the country in your hands. And I'll give you one data point. How many like raise your hands and show me how many presidential candidates you've seen in the cycle so far. So this is before this would be eight. Go ahead. And was ready to hands. So 7 1. I appreciate that.
[19:44:41] 5 7. More than five. So the reason why we all come here and stump for your vote is because you will have outsized power and influence in our democracy. I did the math. Do you know how many Californians each of you is worth?
[19:45:01] A thousand Californians each.
[19:45:10] So you look around this room there, about 160 of you here. That's like four football stadiums full of California. That is the power of this room. The power to change the course of history does like God. One reason it's such a joy to campaign here, because other Americans look up and they see the pipes as clogged full of money. And they think there's nothing they can do about it. They're generally right.
[19:45:34] There is very little they can do about it. But you all can you can flush the pipes clean just like that. You can take a vision of the rest of the country and have it sweep the nation like wildfire. And what are we talking about? Seven weeks, six and a half weeks. Something along those lines. That's the power in this room. So it's a joy to be here. This is the real thing. Unlike all of the other window dressing and certainly a lot of the chatter from the cable news networks is completely irrelevant.
[19:46:01] Property of what is going to happen here in seven weeks. So the question is, how do you use that power? What do you do with it? If you were here tonight, you know that my flagship proposal is that every American gets a thousand dollars a month starting at age 18. How well do you know about the freedom dividend? If you're here, probably everyone. And the first time you heard it, I know what you thought. You thought. That's a gimmick. That's too good to be true. That will never happen.
[19:46:29] But this is not my idea. It's not a new idea. Thomas Paine was forward at the founding of the country. Call it the citizen's dividend. Martin Luther King fought for it in the 1960s. It is what he was fighting for when he was assassinated in 1968. It's called the Guaranteed Minimum Income. In his 1967 book Cancer Community, he said this is what we need to bring the country together. I had the privilege of sitting with Martin Luther King's son in Atlanta. And he told me that this is what dad was fighting for when he was killed. And my first reaction was, I can't believe you was called Martin Luther King dad.
[19:47:04] But then you realize he is your dad. He's your Martin Luther King, the third. That was like, wow. It's incredible.
[19:47:13] A thousand economists endorsed in the 60s. It passed the U.S. House of Representatives twice in 1971 under Richard Nixon. Family assistance plan came this close to being law. And then eleven years later, one state passed a dividend, or now everyone in that state gets between one and two thousand dollars a year. No questions asked.
[19:47:30] And what state is that and how do they pay for it?
[19:47:35] And what is the oil of the 21st century technology? A software, self-driving cars and trucks. A study just came out that said that our data is now worth more than oil. How many of you saw that study? How many of you have access to a Netflix password? There's a documentary called The Great Hack and it includes that study. How many of you got your data check in the mail last month? We laugh, but where did the data checks go? There's so much value being generated. Facebook, Amazon, Google, the mega tech companies that are paying zero or near-zero in taxes.
[19:48:12] Do you see how it's happening in Exeter? This is your job to change it, to make sure that the Amazons of the world pay their fair share. Trillion dollar tech company paid zero in taxes. How is that possible? How do they pay less in taxes than everyone here tonight? So what we have to do is we have to get our fair share of every Amazon sale, every Google search, every Facebook ad, every robot truck mile, and then put it into your hands in the form of this dividend of a thousand dollars a month. We generate this value.
[19:48:42] Your data is generating tens of billions of dollars with a value. You're not seeing a dime. What are you mean I'm making is that our data is still ours, even if we loan it to the tech companies. Am I right? So if anyone's profiting from it, should we not participate in this? Especially because after this thousand dollars a month comes into your hands, where would the money go? In real life? How much of it would be spent right here in New Hampshire? Most of it, not all of it. You might get your own Netflix password,.
[19:49:19] But most of it would go to car repairs you've been putting off and daycare expenses and little league sign ups and local nonprofits and cultural and religious organizations. This is the trickle up economy from our people, our families and our communities up. This is how we make it so that everyone is included in the 21st century gains that are being generated at almost unimaginable levels underneath our feet. And I see it. I've been there.
[19:49:47] I've been to the Googles and Amazons. I'm friends with some of the leading technologists in the world. And they tell me that they see what is coming out of the labs in artificial intelligence and they are deeply concerned about the impact it's going to have on the rest of the country. Well, they say, you know how the sentence never goes. It's like I see what's coming out of the lab and it's gonna be fine. But at the end of that thought, I spoke to a group of 70 CEOs in New York City, and I asked how many of you are looking at replacing back office clerical workers with A.I. and software?
[19:50:21] Guess how many hands? What about a 70? All 70. The fact is, you could fire any CEO who didn't have their hand up because we know that all of their incentives are around maximizing the bottom line and their workers aren't part of that bottom line. That is the system that we have built and it is up to you all to change it. There is no one else. If you don't change it, it doesn't change. That's the power of New Hampshire, but that's also the responsibility you all have. And one of the reasons I love being here is that you take that responsibility and own it, take it very, very seriously.
[19:50:55] So this thousand dollars a month goes from being dramatic to necessary and inevitable as soon as you recognize the enormity of the situation we're in. And here in New Hampshire, I've been all over the state. There are many, many rural areas that feel like they're being sucked dry truly. And you see the negative spiral that ensues when the main street starts closing. People start leaving property taxes. What happens to them? They go nothing. They're going up because then you have to support the school and they're looking around being like, well, not as many people around.
[19:51:24] So then you get trapped in this tough cycle because your property taxes are creeping up and your housing. Is that your housing stock? It's actually harder to sell. So so this is the negative spiral that many communities here in New Hampshire are experiencing and their kids feel like they have to leave the community or even state in order to access the opportunities that they want. That is what we have to change. We have to make it so that the economy works for us and then we're not we're not all inputs into the machine.
[19:51:54] And I know this on a personal level, in part because my wife is at home with our two boys every day, one of whom is autistic. What does her work get included at in our economic measurements every day? Zero. I get zero. Staying home with our autistic son gets a zero caregiving, nurturing, volunteering all zeros. Arts very often zero. Journalism increasingly zero or near zero. We're zeroing out many of the most important things in our lives. And this disproportionately impacts women and underrepresented minorities that the marketplace will systematically undervalue or exclude.
[19:52:34] Right now in this country, I talked to my wife about this and we talked about universal basic income, which is the historic name for the Freedom Dividend, which is just everyone gets a share of the value that society is generating. And Evelyn asked me. She's like, how did it go from being mainstream? A thousand economists endorse endorsing Milton Friedman to now it takes the futurist presidential candidate does not have drag it into the mainstream like what happened in the last 50 years.
[19:53:01] And what I said to her is that we got brainwashed over the last 50 years to think that economic value and human value are the same things that what the market says we are worth is what we are worth. That's how you wind up with otherwise reasonable people suggesting that we should turn a town of coal miners into coders when the mine closes. Because if the person or the town doesn't have any economic value anymore, then we stretch ourselves to ridiculous lengths to try and find some new economic purpose for them.
[19:53:31] And that's going to be a losing battle over time for us all. It's a losing battle for my autistic son. It's a losing battle for the truckers who, no matter how hard they work, cannot outcompete the robot truck that's going to hit the highway. It's even a losing battle for the accountants and lawyers who are going to be competing against software that can do that job more cheaply and efficiently and more accurately than even the hardest working human professional. This is the truth of the era we're in.
[19:54:06] Right now, we're measuring our economic success through three big measurements and what are they if you turn on cable news? Like what does it say about like, hey. Things are going great. Stock markets won. GDP to headline. Unemployment's the third. So stock market prices, the bottom 80 percent of Americans own 8 percent of stock market wealth, the bottom 50 percent own essentially zero. If you trumpet the stock market, you do it. You're tracking the fortunes of essentially the top 20 percent of Americans if you're generous. It's actually more accurately like the top 5 percent of Americans.
[19:54:41] GDP is at record highs, while we're also setting record highs and stress, financial insecurity, overdose is student loan debt and rising again. Our life expectancy is going down while our GDP is going up. So which do you listen to? I would suggest life expectancy because if you're dying sooner, I guess not a sign of health. Yesterday, I was the me and the headline unemployment rate obscures the fact that millions are dropping out of the workforce, that people are working two or three jobs to get by.
[19:55:19] That the majority of new jobs that are created are temp gig or contract jobs that don't have benefits. The fact that if you are a young person who's fortunate enough to graduate from college, you have tens of thousands of dollars in debt and there's a 40 to 44 percent chance that you do a job that does not require a degree. So if you're a parent of a college age person, they're coming out and you feel that uncertainty, you're not alone.
[19:55:43] If you are a young person, we have set you up with massive indebtedness and a very insecure economy. In terms of your ability to climb the corporate ladder, that may or may not exist if you're a young person, I apologize to you because we have left you a mess. We need your help to clean it up. The first thing to do is to acknowledge the crisis state we're in. So if GDP, corporate profits in the headline unemployment rate aren't the right measurements. What would actually get you excited if I said it got better here in Exeter?
[19:56:16] Health, right? Healthy life expectancy. That's pretty core. It's like I might say, hey, you got healthier, you're living longer. Clean air and clean water. I said we've got more sustainable, our emissions went down. You would be happy about that. Mental health and freedom from substance abuse. Say, I got happier in New Hampshire, unfortunately, is one of the epicenters of the opiate epidemic.
[19:56:38] Eight Americans are dying of drugs every hour, which is unconscionable. And that was a disease of capitalism run amok. We let some of the drug companies profit to the tune of tens of billions of dollars and kill tens of thousands, even hundreds of thousands of Americans. So these are the measurements that would tell us how we're actually doing. How about childhood success rates? How about proportion of elderly Americans who can retire in quality circumstances, income and affordability?
[19:57:05] So these are the things that actually will tell us how we're doing. And as your president, I will update GDP to these measurements. And that sounds like magic, but it's really not. We made up GDP almost 100 years ago and even the adventure of GDP, so this is a terrible measurement of national well-being and we should never use it as that. And that was a hundred years ago. Think about that. So now we're following the century, the old measurement off a cliff and being like, hey, guys, things are going great.
[19:57:33] Look at GDP while our people are struggling and suffering. Self-driving trucks will be great for GDP. They're going to be terrible for many American communities. So you have to line up the measurements to tell us how we are doing. Donald Trump in twenty sixteen said he was going to make America great again. And then what did Hillary Clinton say in response? America's already great. Remember that?
[19:58:00] I know it's been a long three years like there. Oh, it's about to end, though. We're gonna end it, am I right? Applause So Hillary's response did not resonate with many Americans when she said America's already great. The problems are real. The suffering is real. We have to acknowledge the depth and severity of the problems, but then we need solutions that will actually help us all move forward. What we're Donald Trump's solutions.
[19:58:34] He said we're gonna build a wall. We're gonna turn the clock back. We're gonna bring the old jobs back here. Hold those things to eggs that are you know, we have to do the opposite of these things. We have to turn the clock forward. We have to accelerate our economy and society as quickly as possible to rise to the real challenges of this era. We have to evolve in the way we think about ourselves and our work and our value. And I am the ideal candidate for that job, because the opposite of Donald Trump is an Asian man who likes math.
[19:59:11] Now, most of you may not know this math is an acronym. What does it stand for?
[19:59:17] Make America think harder. That's right. We have to identify the real problems and adopt real solutions. I feel like this is the right place for that. I feel like Exxon is a very smart town. Maybe in part because most the time I was here has had my nose in a book.
[19:59:33] Is just trying to smarten up myself.
[19:59:39] The problems are real, and unfortunately, the Democratic Party has been acting as if Donald Trump is the source of all of our problems. He is actually a symptom. He's a manifestation of a deeper set of problems that we have to cure as a country. The Democratic Party, in my mind, should have had a real period of soul searching when Donald Trump won. It's like, how the heck did we lose to this guy? How the heck did tens of millions of Americans decide to head this direction?
[20:00:07] And a lot of it is that the feedback mechanism between the people in DC has broken down. Many people throughout the country don't feel like government is working for them. For us. And that's not a crazy feeling. Some of you might have that feeling, too. The feedback mechanism is breaking down. The fact is that Washington, D.C. today is the richest city in our country. What do they produce? Gridlock. Unclear.
[20:00:34] Produce a lot of wealth, though, somehow. Our politicians in D.C. succeed whether we succeed or fail. And that is the the feeling that is driving many people towards Donald Trump. We have to restore that feedback mechanism by saying, look, the government is going to activate resources and put them in our hands when to trust our people. We're gonna build the trickle up economy.
[20:00:59] I'm a parent. Like many of you, raise your hand if you're a parent.
[20:01:04] So if you're a parent like me, you had this sense of unease. Maybe you've even been afraid to express it. If you were born in the United States of America in the 1940s, would something you might have been. You look great.
[20:01:15] I mean, I wrote this for you about the 40s. Do the math. 30S. Oh, you look fantastic, sir.
[20:01:26] 1938.
[20:01:28] If you were born in the 1940s, the United States of America, there's a ninety three percent chance that you were gonna do better than your parents. That's the American dream. That's pretty strong. That's the dream that brought my parents here as immigrants. If you were born in the 1990s, which is some of you, I'm guessing. You're down to a 50/50 shot and it's heading heading downward very, very quickly. That is what we have to address New Hampshire. If you don't address that, it's going to be very, very hard to bring this country together.
[20:02:01] I am running for president not because I fantasized about being president. I'm running for president because like many of you in this room, I'm a parent and a patriot. I have seen the future that lies ahead for our kids. And it is not something I'm willing to accept. And you should not accept it either. We have to do better for them. If we do come together in this way, we can be able to look our kids in the eyes and say to them, your country loves you, your country values you and you will be all right. And that is the message I want us to send to the rest of the country. In February of this year. Thank you all very much. So we're going to make it together.
[20:02:49] We're going to rewrite the movie economy away for you because the rules are not working for you. They are not working. Am I right? I love it. I love being here so much.
[20:03:02] What's the number one criteria for Democrats in terms of the nominee be Donald Trump? That's right. That's actually number one. How many for you that doesn't know. One good deal is right that it was a poll right here in New Hampshire that said that 10 percent of Trump voters would choose me over Donald Trump. Which is all we need to win.
[20:03:27] You get all the Dems and progressives together and then you peel off independents and libertarians and 10 percent of Trump voters, we win this thing in a landslide.
[20:03:35] Now, most Democrats have not realized yet that I am the candidate to take on and beat Donald Trump in 2020. But more people are realizing it every single day. It's a beautiful feeling. One survey came out that said that 18 percent of college Republicans would choose me over Trump. Think about that. It's us plus tend to 18 percent of Trump voters. And we're going to knock him out so bad. It's gonna be a landslide. And it has to start right here in New Hampshire and the next number of weeks. I love you guys. We'd love to take some questions. Thank you all so much. So so this handsome gentleman here is Zach Grossman is my campaign manager and he has passed me a note said that we just had our one millionth donation to the campaign.
[20:04:24] As I said. What was it, someone in this room where you on the phone while I saw you?
[20:04:37] Yeah. So I would love to take a in, sir. You had. Yeah. Yeah. Let's get this man on my career, I'll do it.
[20:04:46] I'm coming your way, sir. I got this.
[20:04:50] Thank you.
[20:04:52] I'm attorney David Mirsky from Exeter. And my question is, I know that you have. The brilliant ideas for the future, but. Um, I just want to know, how are you going to defeat the evil that Donald Trump really is?
[20:05:13] Thank you, David.
[20:05:18] In many ways on the ideal foil for Donald Trump. And if you look at the candidates, he has messed with every single candidate in the field except for me, because I'm better at the Internet than he is.
[20:05:34] And a lot of his strongest attacks don't work on me at all, because what does he do?
[20:05:38] He caricatures his opponents as D.C. insiders and creatures.
[20:05:42] I'm another outsider, but unlike him, I want to solve the problems of the American people and improve our way of life so I can draw in again 10 percent plus of Donald Trump voters who don't like D.C. very much. And as the Democratic nominee, all the Democrats are going to be obviously super excited. A survey just came out that said I am among the least disappointing nominees for the Democratic field.
[20:06:08] Oh, really?
[20:06:08] But this is an incredibly important stat because they survey thousands of dams and lakes, line all the Dems up and said, who would you be disappointed in and the least disappointed in?
[20:06:19] And I was among the least disappointing.
[20:06:22] Which means that the turnout is going to be high because people will get behind me and then I'll get again the 10 to 18 percent of Trump voters. And can you imagine me debating him? One of the things I can do more effectively than the other candidates is I can make him seem completely ridiculous.
[20:06:47] Let's go, man, woman.
[20:06:50] Thank you, Lacey.
[20:06:59] How would the freedom dividend affect those on Social Security?
[20:07:04] It's tax on top of Social Security. So I would increase the income of every Social Security recipient right now by a thousand dollars a month. And that seems again, too good to be true. But I've talked to hundreds, thousands of Americans who are receiving Social Security, and a couple of things became very clear. Number one, it's impossible to retire on Social Security alone. Number two, Social Security benefits are different depending upon whether you have to take time off from work often to parent to child.
[20:07:30] So in many families, the mom is getting less and Social Security benefits. Number three, millions of Americans are facing essentially never retiring because they have to work until the day they die because they can't afford to stop. And if you look at the demographics, you see that we have to reformat our economy around caring for our aging relatives, but we don't have the economic resources in place to do so. So that's what this thousand dollars a month can do for our society.
[20:08:00] It can enable Americans to retire with dignity because you a thousand dollars plus Social Security, then you're talking and then we can put actual resources and work to take care of people as they age gracefully instead of right now. I have no desire to go into a convenience store and see a senior citizen working until the day they die. That should be a teenager working for beer money, am I right? Yeah, I'm proposing the greatest expansion in Social Security benefits in history, and what I'm talking about now was mainstream wisdom in the 60s when we passed over security. It's just we've got a very, very extreme distant sense that.
[20:08:42] Your. You have a lot of good ideas about campaign finance reform, and it's one of the most important things to me. We have a broken system. Thank you. So what would you do to fix our broken campaign finance reform and what hurdles do you think you will face when you try to do that?
[20:09:03] I love this question so much because this is one reason why Americans have lost complete faith in government. Again, millions of dollars of lobbyist cash is clogging the pipes and you feel like your vote doesn't matter. There was a joke headline that said Americans should hire our own lobbyist because that's the only way we would actually get anything done. It's like I represent the American people. So most every Democrat will say we need to overturn Citizens United, which is correct.
[20:09:30] We do need to do that. But the fact is corporate money had overtaken our government before Citizens United. Citizens United has made it more extreme. So what we have to do is we have to unify the people and the money. And I said this on the debate stage in L.A., fewer than 5 percent of Americans donate to political candidates or campaigns right now. So my proposal is to give every American one hundred democracy dollars used or lose it that you can give to any candidate or campaign that you want that would get the donate rate from 5 percent to what? What do you think?
[20:10:04] 60 or 70 Americans are pretty lazy. So we've got a hundred free dollars, the lobby will be like, ah, I can't be bothered, but you could get it up to 60 percent. And if you had it to 60 percent, you would wash out the lobbyist cash by a factor of four or five to one. And then if a person was running for office and got ten thousand people behind them, that's a million dollars in financing. And then the lobbyist comes along and says, I've got twenty five thousand dollars for you could be like pass because I'm getting a million dollars and the people I'm going to represent them. So that is something that is bipartisan because many Republicans don't love.
[20:10:40] While I stretch, I mean a lot of Republicans are in the pocket of these companies. I mean, a lot of Dems do, of course. I mean, I have a friend I went to Exeter with who worked in Capitol Hill for years for the right reasons, and he hated lobbyists when he showed up on Capitol Hill. What does he today, 15 years later, lobbyist? Yeah. You know, the you know the drill. So. Democracy dollars would free up legislators from having to pass the hat all the time. I'm for term limits of 12 years. We should send people to D.C. to do work and then come home.
[20:11:17] Problem is that they're trying to make like a multi decade long career out of being in D.C. and that should not be the orientation. So the first big move is to pass some sort of public financing democracy dollars. But I'm going to suggest to you all that one of the ideal ways to get money out of politics is to send someone into the White House that doesn't owe anyone a dime in terms of corporate PAC money. And that's me.
[20:11:43] Tens of millions of dollars raised in increments of only 30 dollars each. Purely people powered, purely grassroots funded. And I joke sometimes that, of course, the companies would never have sent me because I'm like the anonymous Asian man. Like, that's the dumbest. You know, you're like the corporate being like, oh, this is gonna work. Let's send that guy.
[20:12:02] No.
[20:12:02] Like, I'm just another citizen who represents our own interests and we need to break the stranglehold on the money. So I agree with Tom Stier. I agree with a lot of other, you know, times I went to Exeter as well. And, you know, we need to break the stranglehold of corporate money and flood the system with people powered money. I want to overturn Citizens United. But the fact is the corporate money is going to find a way to creep back in unless we flush it out.
[20:12:27] I would also try and shut the revolving door between government and lobbyists in various ways, and I would have a ban on ever lobbying. But if you're gonna do the ban on ever lobbying or ten years, which is an eternity in DC because everyone ages out and then your relationships don't matter anymore.
[20:12:44] Then you will need to ramp up compensation at the government level, say, look, no going to industry, but we'll pay you more. And that is a very, very fair trade. So, my friend. Well, I guess I went to there with like maybe he would not have been a lobbyist if there been a ban on being a lobbyist and he'd young paid a little bit more on Capitol Hill. He was a good guy. I mean, I'm still president.
[20:13:08] Hi. When I was you. So I'm a student at Bill's Exeter. And my question for you is, what would you do to stop gerrymandering and give more people access to the ballot?
[20:13:19] It's an excellent question. There's a lot of voter suppression going on around the country. Gerrymandering is a huge problem. It should be that voters choose our leaders, not leaders, choosing their voters. So that the leaders in terms of reform and activism on this are Eric Holder and President Obama who have this anti-terrorism pandering initiative that I endorse wholeheartedly. There are a lot of things I think we should do to try and elevate the ability to vote.
[20:13:42] I would have automatic voter registration. Anytime you get like your driver's license or something like that. We should be registering you automatically. We should be giving people the day off on Election Day so that more people are able to vote. So there are a lot of things we can do to try and encourage voting participation rates. We almost deliberately make it hard to vote in this country. And that includes, unfortunately, the way we're drawing up the voting areas because that's being drawn up to favor one party or another.
[20:14:10] And in terms of democracy, reform, and this is related to this, I'm for ranked choice voting because you need to be able to have people express their preference. You need a more dynamic party system in this country. Right now you have this duopoly and I'm a Democrat. But right now, independents outnumber Democrats and Republicans in terms of self identification. And if you're an independent, you look up and say, I'm not sure either of these parties are getting it. All right.
[20:14:36] And your voice is getting drowned out because we have this winner takes all voting system. If you had ranked choice voting. You could express your true preferences. It would make our democracy much more vibrant and dynamic. So the Electoral College has problems, but I think that advocating for its abolition is frankly a stupid waste of time because you would require a super majority of states to get on board with it and literally like many of them would be like giving up their own power and shooting themselves in the foot.
[20:15:16] The other thing is, if you were Democrats and you lose by rules that are literally engraved in the Constitution, and then you say, hey, we should change the rules. What does that say? You're saying like, I can't win by the rules, so I'm going to try and change them. If you're going to advocate for changes in the Electoral College, you have to win an election by the rules you have first and then go and say, hey, let's change these rules. If I'm for anything, I'm for proportional allocation of electors. Because and you will benefit from this and it's cool. I love you for it. But there are only a handful of states that people campaigning because their swing states. If you had proportional allocation of electors.
[20:15:54] , then you would have candidates going to any state just to try and rack up some support and votes. And it would even it out in a much more truly Democratic way. Another side effect of abolishing the Electoral College that most people don't reflect on, it would privilege people in major cities in urban areas because every candidate would just go where they could get a lot of bang for their buck in terms of media exposure because the vote's a vote. So would I ever go to a rural area to campaign?
[20:16:25] I probably wouldn't. I would just go to every major media market because anytime I show up New York or Los Angeles TV, I reach many more people. So there are problems with trying to abolish the Electoral College, starting with the fact that it's completely impractical unless you had dozens of states that are willing to vote against their own interests, which we all know is not going to happen.
[20:16:49] I'll let you choose because I see so many hands and they all seem so smart.
[20:16:58] I was interested in what you would do in your first year to address climate change if you were elected.
[20:17:03] How many of you all are concerned about climate change? Yes, me too. It is bearing down on us. I was in Portsmouth and there were buildings that are literally flooding more regularly now than they were years ago. There is a multi-million dollar shrimping business that went to zero because the water got too warm and the shrimp died. If you saw me several debates ago, I outlined the new third position in American politics on climate change. Remember this position? Number one, we need to fight climate change.
[20:17:28] Position number two. Climate change is a hoax. And then my position number three is it's worse than you think and it's already here. You all remember this. And then people were like, oh, Andrew is being negative. And then all of a sudden they adopted my position like the next debate. He's right. We need to invest hundreds of billions of dollars in protecting ourselves right now. You can't have towns in New Hampshire that are flooding and then having to fend for themselves on it.
[20:17:55] So no one put a price on carbon. Day one, if you're polluting, you have to have that cause built into your bottom line, the business. And that would give us tons of resources to try and move towards wind and solar. And it would make the companies that are polluting have to become much more efficient or pay big bucks into the system. Climate change action and financial insecurity in my mind are tied together because right now 70 percent of Americans are living paycheck to paycheck.
[20:18:27] Almost half can afford an unexpected five dollar bill. So if you go to them and say we need to fight climate change, what is their reaction? Can't afford it. I'm worried about next month. You know, like a year from now, it has to wait. And then what's the next natural reaction? It's probably not going to be so bad anyway. Or like maybe they're just hyping it up. We have to get the boot off people's throats so that they actually can focus on the bigger problems instead of just putting one foot in front of the other.
[20:18:56] If you put a resource in the people's pockets, then instead of hearing we have to fight climate change in thinking, oh, my costs are going to go up, it's gonna be more inconvenient. We're going to lose jobs, which is what many Americans here they'll think. Yeah, you're right. We have to fight climate change because we're going to be here while my future secure. My kids future is secure.
[20:19:15] The big move I would make is to build environmental sustainability into our actual economic measurements, because right now that tug of war is something that we're losing on with many Americans where you say we need to fight climate change and lead us here higher costs. The argument I'd make is what is the going to be the cost of climate change if we do nothing? Trillions of dollars easily. What we have to do is internalize that cost into our current measurements and say, look, when you pollute, that has a cost.
[20:19:42] If we inaction has a massive cost, we have to act, invest hundreds of billions of dollars and make our infrastructure more resilient before the fact. And if this seems dramatic, we've already moved a town in Louisiana because the water levels rose. Do we think that's the only town that likely will have to be relocated? Of course not. There are gonna be dozens, maybe hundreds of towns around the country.
[20:20:07] So we have to start making bigger moves now. And that's what I would champion as president from day one. I'm also the only candidate who's proposing a constitutional amendment to address climate change in our generationally because we can't let this be something that flip flops from one administration to the next.
[20:20:27] All right. I'm going to be the bad guy. Thank you guys for your patience. We're going to take one more question and then this is very important, the selfie line. If you decided to plant yourself here earlier this evening, you won the lottery because there were going to have the line go this way will be very smooth and efficient. Get the pictures, get the selfies and appreciate how long you've waited here tonight. So one more question. You going to do this? All right.
[20:20:58] Shout out. I need give me an even number between one and three of you.
[20:21:07] That's how we roll, baby. Thank you.
[20:21:15] Hi, Mr. Yang. My name is John and I'm with the Partnership to Protect Our Retirement Future. And my question is about the what the financial transaction tax. We'd like to call it the retirement tax, because it would really hurt a lot of it. Well, it sounds good on paper. It would hurt a lot of the middle class people. It would really it would hit all for one case, for three B's. It wouldn't hit anybody with a 529. And it really hit pensions. Any pension funds. So I was just wondering, do you have a position on it?
[20:21:48] That's.
[20:21:55] I want to strengthen the middle class and put everyone in a position to be able to eventually retire with dignity. I want to rewrite the rules of the economy to work for us and our people across the board. I do think a financial transactions tax is a good idea. And the fact is, if you're a retiree who has your accounts and like for one K, many of those investors are through ETF exchange traded funds and they're not like turning over their assets all the time.
[20:22:22] And if you had a financial transactions tax, you could easily, if you were a firm, say, hey, maybe we're not going to incur more financial transactions and have our transaction costs go up. If you have before when K or 529, you're probably allergic to any kind of transaction fees or taxes, you'd want the money to be there and then grow steadily. So I'm for a financial transactions tax.
[20:22:43] The bigger picture, I'm for putting money into the hands of every American and making this economy work for us instead of trying to see ourselves as inputs into the giant capital efficiency machine. Because right now we're in a race that frankly more and more of us are not going to be able to win. We have to evolve from thinking of this as like some kind of rugged individualism, meritocracy, where everyone's worth is determined by a combination of their like hard work and virtue and character and start evolving to say we all have intrinsic value.
[20:23:15] Whether your able bodied, disabled software engineer or a stay at home mom, we have to make this economy work for everyone and let the rest of the country know it's not left. It's not right. It's forward. And that is where you all are gonna take us in 2020. Thank you all so much for a handshake. Thank you.