Back to episode — Episode 2530 CWSA 07/08/24
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lly at? It's mostly going to be foreign governments who are parking money that they didn't need. Am I wrong? You wouldn't put it there unless you didn't need it. That's the place you put the money you don't need. So this is the most provocative question in the country. But what would happen if we just said we're not paying it back? Who would be out? It would be people who didn't get back the mone…
← Previous segment →ould pay a 10% tax on it and still be way ahead. You're not going to come out.
Now is everything I said sensible? I doubt it. Would any of what I said work? Probably not. But here's what I'm adding. If I've never described this before let me describe it for you for the first time. If you haven't heard this, one of the things that people like me can add to the system, the system being the country in this context, what I add to the system is allowing you to think in a wider way than you were. For example when the pandemic first hit I was among the first public figures, I think Jack Posobiec was there too, saying we need to close travel from China. Do you know why I was doing it so loudly and screaming it? Well because it was an idea that people couldn't quite imagine as a possibility. So somebody who's got less to lose and no sense of shame needs to go out there and scream the thing that seems impossible for anybody to even consider. 'Cause until you consider it you can't possibly do it.
So you have to get used to considering something that's way outside the realm of ordinary if you need to do something way outside the realm of ordinary. And when it comes to our deficit there is no ordinary solution. You're going to have to do something you never did before, would never consider ordinarily, is one time ever, and is so wildly improbable that even when I describe it you shake your head and go I don't know about that. That sounds like it's coming with a lot of problems, right?
So the thing I can add is just make you think maybe there's some third way. Maybe there's a crypto magic way. Wouldn't be perfect. It wouldn't be perfect. But is there some other way? And if the only thing it does is make you say Scott your idea is stupid for 10 reasons but you know what it does make me think of something that might work. Let me run this by you. That's what we're doing. We're just brainstorming. And in addition to brainstorming we're moving the envelope a little bigger so that the people who can make decisions and do know what they're talking about, you know let's say a Warren Buffett, Jamie Dimon, you know somebody who knows what they're talking about, maybe they can come in and say you know what that's a terrible idea Scott but as long as you've stretched the envelope now I can talk about my idea. It would have sounded batshit crazy until you were even crazier than I was. You know what, once you've set the standard of crazy now I've got a place to play in. Yeah this phenomenon is very useful.
Let me give you another example. I always talk about my favorite news program on TV, The Five on Fox News. And one of the things I love about watching it is the design of the show. I always say the producers of Fox News are just the best. And one of the things they do really well is designing shows, who they put with who. You know the groups of people that are on there at the same time. Very good. And one of the things that makes The Five just so much better than other shows honestly is Greg Gutfeld. And what Gutfeld does is he always is stretching the limit of what you should say on TV and what you should say during a politically oriented show. Which allows all the people to play in the playground that he defines because he takes the big risk and says I'm going to say this. And then you can say something that you wouldn't have said before. But if Gutfeld hasn't been fired yet you're probably safe. And you can see that effect playing out and just really obviously so.
Gutfeld defines the space and keeps increasing it. You know he's making it bigger and bigger. And then you see the other people who are great at what they do but they're not necessarily the boundary stretchers. So that team of five has one boundary stretcher and then between Dana Perino and Jesse Watters and whoever, you know then the judge and whoever else is on there, they can play within that space and they're much safer and freer to do all that. It's the same thing I think Trump does this as well. When Trump says I'm going to close the border and build a
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wall and all that, whatever the extreme stuff is, he makes the boundary of what is in the conversation bigger. And then the normal people can come in. You know the Rubios and the governors of Texas and the people like that. Then they can come in. They've got a bigger play space. But somebody has to stretch it. You know I'm doing it here. Gutfeld does it on The Five. Trump does it in politics. You…
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