Can Democrats Still Govern? — with Gavin Newsom
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Episode 398. 398 is the standard numeric code for Kazakhstan. In 1998, Google was founded. Microsoft really blew it with Bing. Imagine if they just called Bing Bang. Think about it. Last night, I banged Emily Ratajkowski. That would have been a winner. Go, go, go!
Welcome to the 398th episode of The Prof G Pod. What's happening? In today's episode, we speak with Gavin Newsom, an American politician and businessman who serves as the 40th governor of California. And oftentimes, I'm a stake for the governor. You know, I don't—it's like looking in a mirror when I speak to the governor. Anyways— Let me just say up front, I'm a huge fan of Governor Newsom. We've gone from the fifth largest economy in California, I say we, I grew up in California, to the fourth largest. He's been a steadfast supporter of what I think is the crown jewel and arguably the greatest public agency in the world, and that's the University of California. And for all of the shitposting that Fox News and everyone else does about California, the wealthiest people in the world who have the most options in the world choose to live in, wait for it,
California. And I find what is happening to the governor, what they did to Hillary Clinton, and that is he is the most likely Democratic nominee for president. So millions of bots, Fox News, and everybody else is basically engaging what I'd call pretty systematic character assassination. So does California have problems? Yeah, but the rest of the world would pray for California's problems. Anyways, we hope you enjoy our conversation with Governor Gavin Newsom. Governor, where does this podcast find you?
I am at Ronald Reagan's old abode, the old governor's mansion, which rarely am I able to do a podcast out of here. So I'm looking forward.
Well, we always appreciate your time. Let's let's post right into it. So you leave office in January after six years running the fourth largest economy in the world. By most measures, California remains the center of American innovation. Actually, is it six years or eight years?
It's been a little over seven and a half now.
What are the reasons Americans are losing faith in institutions?
Yeah. So it's eight year term. And look, by a lot of measures, clean energy, AI, venture capital, we've, or we, I'm a native of California, we've gone from fifth to the fourth largest economy in the world. A lot to brag about. Also, a lot of residents, you know, the state, like anything else, is a product. And you have to offer a great service at a reasonable price. Give us an honest assessment of what you think the state and you as a leader has gotten right over the last seven and a half years, and why you think people, how we can do better, and what programs, whether it's housing affordability, what, if you were to give someone a playbook, the next governor, and say, okay, this is how we go from number four to number three,
And make that 13.5% or 13% incremental tax. And I realize that some of that is misleading because there's other types of taxes. But how do we make California continue to be, if you will, worth it?
One word to answer, housing. It's the original sin in California. We're as dumb as we want to be for decades and decades. We, you know, forgot about our seventh grade econ class. It's supply and demand. And we simply were not creating enough supply and demand grew. NIMBYism reigned supreme. I've got mine and people... fought hard against new construction around investment. And that created so many of the problems in more ways and more days. So many of the issues of the state of California can be defined by that. The issues of homelessness, a perfect example, a byproduct. of the failure to build enough housing and address that issue. And so when it goes to your question, what do we do about it? It's one thing to complain about it and talk about it.
We've done a lot in the last few years. The challenge is we've done it in an environment where interest rates are high and we've got stubborn macroeconomic headwinds. And so to test the theory, we have been pushing boundaries on land use, pushing boundaries on permitting reforms,
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Chapters
5 chapters
1
What is the main topic discussed in this episode?
0:02–2:26
2
What are the reasons Americans are losing faith in institutions?
2:26–12:19
3
How is California addressing its housing crisis?
12:19–43:45
4
How does homelessness reflect broader societal issues?
43:45–1:01:36
5
What impact does AI have on white-collar jobs?
1:01:36–1:04:03
Speakers
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