Coffee With Scott Adams — Knowledge Archive July 2, 2026
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Episodes Episode #2597 Segments
Closing General Commentary

Back to episode — Episode 2597 CWSA 09/14/24

Context —

iew. You hear it more than I do. People want to know more about you and about your specific plans. At the debate the other night you talked about creating an opportunity economy, talk about bringing down prices and making life more affordable for people. What are one or two specific things you have in mind for... watch the specifics. Well I'll start with this. I grew up a middle class kid. My mo…

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p them fuel those dreams and ambitions. So when I talk about building an opportunity economy it is very much with the mind of investing in the ambitions and aspirations and the incredible work ethic of the American people and creating opportunity for people. For example to start a small business. My mother worked long hours and our neighbor helped raise us. We used to call her, I still call her our second mother. She was a small business owner. She was, I love our small business owners. I learned who they are from my childhood. And she was a community leader. She hired locally. She mentored. Our small businesses are so much a part of the fabric of our communities not to mention really I think the backbone of America's economy. So my opportunity economy plan includes giving startups a $50,000 tax deduction to start their small business. It used to be $5,000. Nobody can start a small business with $5,000. But investing in people's innovative ideas and giving them the ability to go for it. Opportunity economy. What assault weapons do to the human body honest with you I think people Congress former Congress member Liz Cheney.

All right you could watch it if you can stand it but she's really, really bad at talking. She's really, really, really, really, really bad at talking. I've never seen anything like this. Honestly when I watched it the first time I was trying to figure out is she drunk? Does she have a mental problem? Because it might be that. I mean it looks like she's working through some kind of mental distress. Now she didn't look drunk but could there be some other pill that you take that makes your face exaggerate like that? Like why does her face get so exaggerated? I feel like somebody who knew drugs more than I do, you know the good stuff, might be able to identify that. Is that like a cocaine face? Is there a specific drug that would make you gesticulate and move and your face would be more animated? Because I don't spend time around cocaine people. So I'm just guessing. Would that be a possibility? Because whatever's happening here I don't spend any time listening to what she's saying and I spend the whole time thinking what's wrong with her. You know what I mean? Do you have the same feeling? Like all of my curiosity is what's wrong with her? Like why is she acting that way? Never seen anything like it.

Remember when I told you that I'll give you some optimism today. They either have to hide her until election day, which will be pretty big tell that she can't do the job, or they're going to let her do this again and her side is going to see what they're looking at. I don't know how she could possibly win. It's hard for me to imagine that she could possibly win if they see her in public answering any questions at all.

And I saw, let's see, Mike Cernovich suggested that instead of a debate Harris should have a Spaces event and it could be handled with hosts like David Sacks. And he suggested Mark Cuban. So imagine David Sacks, pro-Trump, and Mark Cuban, pro-Harris, being the moderators. And then Mike Cernovich suggested that they pick some third person randomly, which I'd love that to be me. No I wouldn't want to do it but that's a good idea.

But speaking of Mark Cuban, Mark Cuban has been, I don't want to say trolling, but he's been asking provocative questions of Trump supporters so they can argue with him in public or embarrass him in public. I don't know exactly what he's thinking. So I'll warn you not to make the mistake that I almost made right there. If you're trying to guess what Mark Cuban is thinking or what his motivation is, I don't know that that's anything you can do. Because he's a complicated smart guy who knows what his exact motivation is other than getting Harris selected of course. But in any given exchange if you're trying to guess is he being serious or is he trolling us, you know does he really need to know the answer to this, it kind of doesn't matter because we'll never know what his inner thoughts are. But we're dealing with the world in which it exists.

So he asked this question which I thought was actually a really good question. He said and asks for all supporters of the Republican nominee, what specifically will Trump do to lower grocery and other prices? And he says I'm curious. Now he states that he's curious. That sounds actually true to me. I think he actually is curious. So I took a shot at answering that question and let me tell you what I said.

So here's the answer to how would Trump lower prices. Number one, fewer government regulations which should increase supply which should increase or decrease prices in the long run. But there's a but to this. If Trump works with Kennedy, RFK Jr., and he uncovers these bad food practices you might find that food prices would go up in the short run if something gets banned. So for example if there's a fertilizer, this is just an example I don't know if any of this is true, but if there's some fertilizer, I'll just pick, you know I'm making up a fictional example, and we decide it's bad for the health of the people who eat the food that was fertilized with it. If it gets banned they might be able to make less food or they might pay more for the fertilizer. So you can see the costs going up in the short run. So to be fair there's at least one thing that Trump plans to do that has a direct probably upward pressure on prices. However if you were to get the unhealthy stuff out of the food supply suddenly your health care costs go down and maybe by a lot. So it would look more like an investment if it did make food more expensive in the short run, which would be a problem, definitely be a problem. But it could have the far bigger economic benefit of reducing all of our chronic illnesses. That would be the goal of it.

Next, if Elon Musk helps Trump reduce the government's spending that should reduce inflation and that should make your cost not rise. I like to give Trump credit for what you might call his salesmanship or his BS because it drives investment. I've described this before but if investors are confident then they invest and that creates good things. If they're not confident they don't. Trump has that salesperson, you know, go go go capitalism feeling that makes people think huh it doesn't look like he's going to give me more regulations. It doesn't look like he's going to make anything worse. I'm going to go invest some money. This is looking good. So his salesmanship story on the economy is way better than Harris's which is Marxist, at least has the scent of Marxism on it, which is way less inspiring.

I said that Trump's tax plans compared to Harris should give companies some room, more room to lower prices. If taxes go up on corporations they have less margin, less room to lower the prices. Trump would at least not raise their taxes. He might not lower them. Trump might not lower anybody's taxes but Harris would raise them for sure. So that would make food more expensive and everything.

Trump is more likely to approve larger energy projects. I do think the Biden administration has done better than the Republicans blame them for in energy. They haven't been terrible. They've been good on nuclear, could be better, and they've been reasonably good on drilling, could be a lot better. You know we haven't drilled on ANWR. There's a pipeline question. You know I'm sure there's a permit issue. So it does seem to me that Trump could probably end up approving larger energy projects which lower everybody's costs for everything because it's energy.

I said that Trump would waste less money on climate and wars and that goes to lowering inflation too. I said that Trump is more suited to protect our global supply chain. So you know a lot of things are more expensive because the ships don't want to go anywhere near the Houthis in Yemen because they're using their missiles on the ships. So if somebody could say hey Houthis I got a deal for you. If you shoot one more missile we're going to get rid of every single one of you. Sorry I couldn't go the whole day without swearing. And whether or not that's true even the Houthis are going to say oh well that looks serious because he might actually do it. You just don't know. So he's far scarier and that's got to be good if you're trying to scare people like the Houthis from shooting your ships. So I think he's more suited to protect the global supply chains. But in summary it's just better for the economy in general and that should help your prices. So that was my answer.

People are still saying hey how about a debate of some kind. There's not going to be any new debate. And here's the simple reason why. Trump would be crazy to agree to another debate on a network that is not in his favor. So the only one I think he would ever agree to would be Fox News or Newsmax or Tucker Carlson or something like that. And there's no way that Harris is going to agree to that. So you can stop even thinking about another debate. I mean Trump said he's not going to have one. But really that means he would have one if it were the right host. I think if it were the right host on Fox he would do it. Well let me put it this way. If Fox News said our hosts will be Dana Perino and Greg Gutfeld would Trump do a debate? Probably. Probably yes. Would Harris do it? Not a chance. So there is no way that those two Venn diagrams are ever going to intersect. So debate is done. There will not be a debate. I guarantee it. You got all you're going to get.

And that, ladies and gentlemen, brings me to the close of my prepared remarks. I think it was one of the best shows you've ever seen. Probably getting better every minute. And I'm going to say a few words to the local subscribers because they're special. And thanks to all the people on X and YouTube and Rumble. It's always a pleasure to see you. I'll see you again tomorrow morning, same place. And in 30 seconds or so we're going to go private with the locals subscribers only. By the way there's a lot of good stuff on Locals that you've never seen if you're not a member.