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Anthony Scaramucci

👤 Speaker
946 total appearances

Appearances Over Time

Podcast Appearances

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

But there was a kernel of truth to what Trump was saying. It's more about the implementation and the heavy handedness. And again, same thing with the tariffs. The president is correct that we need to bolster living standards in America for lower and middle income people. the president is correct that there have been elements of the trade system where we've been taken advantage of.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

But there was a kernel of truth to what Trump was saying. It's more about the implementation and the heavy handedness. And again, same thing with the tariffs. The president is correct that we need to bolster living standards in America for lower and middle income people. the president is correct that there have been elements of the trade system where we've been taken advantage of.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

But there was a kernel of truth to what Trump was saying. It's more about the implementation and the heavy handedness. And again, same thing with the tariffs. The president is correct that we need to bolster living standards in America for lower and middle income people. the president is correct that there have been elements of the trade system where we've been taken advantage of.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

The World Trade Organization let China in with extraordinary emerging market latitude, extraordinary. And they never corrected it as China rose. And I'll say something, Governor, that does not reflect well on me, but I'll share it with you. At the age of 35 in 1999, The World Trade Organization, there were protests in Seattle. Do you remember these?

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

The World Trade Organization let China in with extraordinary emerging market latitude, extraordinary. And they never corrected it as China rose. And I'll say something, Governor, that does not reflect well on me, but I'll share it with you. At the age of 35 in 1999, The World Trade Organization, there were protests in Seattle. Do you remember these?

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

The World Trade Organization let China in with extraordinary emerging market latitude, extraordinary. And they never corrected it as China rose. And I'll say something, Governor, that does not reflect well on me, but I'll share it with you. At the age of 35 in 1999, The World Trade Organization, there were protests in Seattle. Do you remember these?

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

I don't know if you would- No, I remember, of course. Okay, and so Ralph Nader was up there. Working class families were up there. They said, please, please do not let the Chinese into the WTO. And you'll cause a hollowing out of our manufacturing. You'll ruin our middle-class aspirational jobs. Please don't. I was a young Wall Street person at the time.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

I don't know if you would- No, I remember, of course. Okay, and so Ralph Nader was up there. Working class families were up there. They said, please, please do not let the Chinese into the WTO. And you'll cause a hollowing out of our manufacturing. You'll ruin our middle-class aspirational jobs. Please don't. I was a young Wall Street person at the time.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

I don't know if you would- No, I remember, of course. Okay, and so Ralph Nader was up there. Working class families were up there. They said, please, please do not let the Chinese into the WTO. And you'll cause a hollowing out of our manufacturing. You'll ruin our middle-class aspirational jobs. Please don't. I was a young Wall Street person at the time.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

And I had bought into the Wall Street narrative that this was going to lower the cost of capital deployment, lower the cost of labor, and was going to be generally good for the economy, the stock market, and generally good for people. And it was an advancement. It was progress. But those workers were right, Governor Newsom.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

And I had bought into the Wall Street narrative that this was going to lower the cost of capital deployment, lower the cost of labor, and was going to be generally good for the economy, the stock market, and generally good for people. And it was an advancement. It was progress. But those workers were right, Governor Newsom.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

And I had bought into the Wall Street narrative that this was going to lower the cost of capital deployment, lower the cost of labor, and was going to be generally good for the economy, the stock market, and generally good for people. And it was an advancement. It was progress. But those workers were right, Governor Newsom.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

I got that wrong at age 29 because the aftermath of what happened 25, 26 years later is this dilemma, this systemic rise in populism. Moreover, when President Bush implemented the TARP money, He made a very big mistake, and I think he's willing to admit it today. He put a trillion into the banks.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

I got that wrong at age 29 because the aftermath of what happened 25, 26 years later is this dilemma, this systemic rise in populism. Moreover, when President Bush implemented the TARP money, He made a very big mistake, and I think he's willing to admit it today. He put a trillion into the banks.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

I got that wrong at age 29 because the aftermath of what happened 25, 26 years later is this dilemma, this systemic rise in populism. Moreover, when President Bush implemented the TARP money, He made a very big mistake, and I think he's willing to admit it today. He put a trillion into the banks.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

If he put $7.50 into the banks, sir, and maybe $2.50 into the lower and middle income people, you maybe wouldn't have had the Occupy Wall Street movement. Maybe it wouldn't have morphed into the Tea Party movement. You see, there was an unfairness in the policy that created a prairie fire of populism.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

If he put $7.50 into the banks, sir, and maybe $2.50 into the lower and middle income people, you maybe wouldn't have had the Occupy Wall Street movement. Maybe it wouldn't have morphed into the Tea Party movement. You see, there was an unfairness in the policy that created a prairie fire of populism.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

If he put $7.50 into the banks, sir, and maybe $2.50 into the lower and middle income people, you maybe wouldn't have had the Occupy Wall Street movement. Maybe it wouldn't have morphed into the Tea Party movement. You see, there was an unfairness in the policy that created a prairie fire of populism.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

I mean, anything is possible, Governor Newsom, and I'm generally an optimist about life, but I'm pessimistic about this. And just hear me out for a second, and I'd love to get you to react to it.

This is Gavin Newsom
And, This is How Trump’s Tariffs Cost YOU Money With Anthony Scaramucci

I mean, anything is possible, Governor Newsom, and I'm generally an optimist about life, but I'm pessimistic about this. And just hear me out for a second, and I'd love to get you to react to it.