After 250 Years, Trump is Killing the American Dream
episode
Raging Moderates with Scott Galloway and Jessica Tarlov
47 min
7 speakers
4 chapters
transcribed 2 months ago
Transcript
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Transcript generated automatically by AI and may contain errors.
What is the main topic discussed in this episode?
If you sit in the sun, you may just get burned. But some people are willing to take that chance. There is this certain degree of nihilism of like, oh, well, the world is bad anyway. Why wouldn't I just also get a tan? Tan maxing. That's this week on Explain It To Me. Find new episodes wherever you get your podcasts.
Welcome, Raging Moderates. I'm Scott Galloway.
And I'm Jessica Tarloff.
So we're doing a mailbag episode. Make a short voice recording on your phone and then email it to ragingmoderates at propgmedia.com. Again, that's ragingmoderates at propgmedia.com. All right, let's get into it. America's 250th birthday celebration is kicking into high gear, but it's doing so against some less than celebratory headlines. The U.S. economy added just 57,000 jobs in June while inflation continued to outpace wage growth. Average hourly earnings were up 3.5% year-on-year, well below the current inflation rate of 4.2%. Turnout for the great American State Fair has also been underwhelming. Trump is apparently livid about crowd size at his kickoff event, and we've all seen the dismal images on social media this week.
Looking ahead to the event on the 4th, there's a heat wave with temperatures expected to be over 100 degrees on the Mall, and coolers and folding chairs are banned. Here's Trump talking about his appearance on the 4th.
On July 4th, it's going to be approximately 107 degrees out. And I'm going to go and I'm going to make a really long speech just to show that I can do anything. It's going to be 107.
Charming as ever. Yeah. We were covering this yesterday and I pointed out that he had arrived yesterday. in North Dakota at the Teddy Roosevelt Library dedication on his new $400 million retrofitted Qatari jet. Well, actually, I think it's like $800 million once we finished paying for All of the upgrades and the protections for it. So I'm in D.C. It is indeed very hot. We are going to be shooting outside from the state fair.
How are America’s 250th birthday celebrations clashing with economic and climate realities?
And I think it's going to be 103 degrees today, 104 degrees tomorrow. It's not good conditions. And especially when you think about who might come out to something like this, be older people and older. That's very dangerous. I mean, with the heat advisories, they're basically saying that, like, kids and older people and pets should stay inside as much as possible. So he does have the weather technically working against him. He also has himself working against him. And turning this into... you know, a Freedom 250 event versus an America 250 event, which was how it was conceived. There's this bipartisan commission, right, that's going to be running the festivities and things like the state fair if they were to have it.
Now that that's been wiped away, people don't feel the same And, you know, you're asking a lot of people to ignore the realities of their everyday life. And this doesn't mean that a president couldn't connect with people at a time of economic crisis. We have seen that through history that it's possible. But. There is no rallying cry. There's no, I feel your pain. There's just, you're an asshole if you don't like me. And I don't see that that many patriots are feeling it. There are also folks who have gone to the state fair and said that it's terrible.
What's the mood like? What's the vibe like down there?
It's really empty around here. I haven't done that much, admittedly, yet. I will have more to report on later. But just from... looking at traffic, which there is none, what was going on at the airport, walking around a little bit in a very populated area where I'm staying and going to work. There are not as many people as you would have thought. It is a different kind of event, but I think about what it was like getting around in the days even leading up to the inauguration where everybody had poured into D.C., to be able to see Trump and was going to do it in freezing temperatures. Like that is not the vibe right now.
So the vibe, at least from the images on television, it feels a little bit like, have you ever been to a recommitment ceremony, Jess?
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Chapters
4 chapters
1
What is the main topic discussed in this episode?
0:04–2:20
2
How are America’s 250th birthday celebrations clashing with economic and climate realities?
2:20–5:35
3
Why are turnout and the Mall heat wave complicating Trump’s July 4th plans?
5:35–25:52
4
How do Scott and Jess explain the gap between improving metrics and declining public confidence?
25:52–46:47
Speakers
7 identifiedMore from Raging Moderates with Scott Galloway and Jessica Tarlov
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