Joe Biden: Trump Is ‘Ripping the Soul out of This Country’ and ‘We’re Likely to Inherit a Recession’

HARWOOD Mr Vice President ░░░░░░░░ for joining us BIDEN ░░░░░░░░ for being out here ░░░░░░░░ How s that bus ░░░░░░░░ Had a wild exchange ░░░░░░░░ morning BIDEN Well that ░░░░░░░░ actually a little bit ░░░░░░░░ fun The fact is ░░░░░░░░ we have a great ░░░░░░░░ tour We have about ░░░░░░░░ miles We re going ░░░░░░░░ day six We ve ░░░░░░░░ a couple thousand people ░░░░░░░░ up They re enthusiastic ░░░░░░░░ was interesting the response ░░░░░░░░ the crowd when that ░░░░░░░░ spoke up HARWOOD Let ░░░░░░░░ ask you a little ░░░░░░░░ about how you get ░░░░░░░░ program passed You ve ░░░░░░░░ the argument that Trump ░░░░░░░░ an aberration If you ░░░░░░░░ him you can then ░░░░░░░░ things back to normal ░░░░░░░░ your middle class economic ░░░░░░░░ in the way that ░░░░░░░░ ve become used to ░░░░░░░░ re now in a ░░░░░░░░ where Republican senators are ░░░░░░░░ what is known to ░░░░░░░░ Russian propaganda including propaganda ░░░░░░░░ you How do you ░░░░░░░░ that back to normal ░░░░░░░░ Well I don t ░░░░░░░░ grudges for real You ░░░░░░░░ watched me a long ░░░░░░░░ I think a lot ░░░░░░░░ Republicans in the Senate ░░░░░░░░ really under enormous pressure ░░░░░░░░ you have a Republican ░░░░░░░░ and that old joke ░░░░░░░░ ain t your father ░░░░░░░░ Republican Party saying that ░░░░░░░░ poll showing they think ░░░░░░░░ s better than Abraham ░░░░░░░░ you know something s ░░░░░░░░ And so I think ░░░░░░░░ s going to be ░░░░░░░░ lot of people who ░░░░░░░░ going to be prepared ░░░░░░░░ deal with things that ░░░░░░░░ know we should be ░░░░░░░░ about HARWOOD But to ░░░░░░░░ point about not your ░░░░░░░░ s Republican Party some ░░░░░░░░ the things on your ░░░░░░░░ and spending agenda are ░░░░░░░░ that Republicans blocked when ░░░░░░░░ were the vice president ░░░░░░░░ Trump BIDEN Yes I ░░░░░░░░ But now we ve ░░░░░░░░ Trump There s two ░░░░░░░░ people get inspired John ░░░░░░░░ get inspired by inspirational ░░░░░░░░ like John Kennedy and ░░░░░░░░ get inspired by very ░░░░░░░░ people bad presidents like ░░░░░░░░ Trump And what people ░░░░░░░░ now seen is that ░░░░░░░░ tax policy has been ░░░░░░░░ disaster for the middle ░░░░░░░░ disaster for them and ░░░░░░░░ there is plenty of ░░░░░░░░ to be able to ░░░░░░░░ things that make a ░░░░░░░░ of sense I have ░░░░░░░░ been at the view ░░░░░░░░ the tax policy is ░░░░░░░░ about punishing people It ░░░░░░░░ about giving everybody a ░░░░░░░░ giving everybody an equal ░░░░░░░░ And so when I ░░░░░░░░ for for example there ░░░░░░░░ overwhelming evidence now that ░░░░░░░░ idea that the capital ░░░░░░░░ tax is promoting growth ░░░░░░░░ just not the case ░░░░░░░░ should charge people the ░░░░░░░░ tax for their capital ░░░░░░░░ as their tax rate ░░░░░░░░ And I think we ░░░░░░░░ raise the tax rate ░░░░░░░░ to for example I ░░░░░░░░ it back to where ░░░░░░░░ was before it was ░░░░░░░░ It could go higher ░░░░░░░░ at 39 5 40 ░░░░░░░░ if you have that ░░░░░░░░ the capital gains that ░░░░░░░░ I brought along I ░░░░░░░░ not going to bore ░░░░░░░░ with it but you ░░░░░░░░ seen it I brought ░░░░░░░░ a graph is how ░░░░░░░░ money each of these ░░░░░░░░ raise HARWOOD I have ░░░░░░░░ that graph BIDEN But ░░░░░░░░ think they re all ░░░░░░░░ now I think that ░░░░░░░░ possibility of saying to ░░░░░░░░ Look we ought to ░░░░░░░░ rewarding work as much ░░░░░░░░ we do well And ░░░░░░░░ have a significant number ░░░░░░░░ Republicans who aren t ░░░░░░░░ thinking that makes a ░░░░░░░░ of sense HARWOOD Let ░░░░░░░░ go back though to ░░░░░░░░ divisions A few years ░░░░░░░░ after the Affordable Care ░░░░░░░░ passed I interviewed President ░░░░░░░░ and asked him if ░░░░░░░░ was concerned that we ░░░░░░░░ getting divided not just ░░░░░░░░ party and ideology but ░░░░░░░░ by race He said ░░░░░░░░ people are going to ░░░░░░░░ that the Affordable Care ░░░░░░░░ benefits white and black ░░░░░░░░ and that is a ░░░░░░░░ that s going to ░░░░░░░░ that divide It didn ░░░░░░░░ happen Do you think ░░░░░░░░ will be easier for ░░░░░░░░ to do that than ░░░░░░░░ was for him because ░░░░░░░░ re a white man ░░░░░░░░ No John I think ░░░░░░░░ did happen Look at ░░░░░░░░ 2018 election I went ░░░░░░░░ 24 States with over ░░░░░░░░ candidates on health care ░░░░░░░░ thing about Barack was ░░░░░░░░ used to always say ░░░░░░░░ him We ought to ░░░░░░░░ a victory lap on ░░░░░░░░ happened in Obamacare He ░░░░░░░░ We don t have ░░░░░░░░ Everything but locusts landed ░░░░░░░░ his desk It wasn ░░░░░░░░ until Republicans started taking ░░░░░░░░ away that all of ░░░░░░░░ sudden people said Whoa ░░░░░░░░ didn t know that ░░░░░░░░ s where I got ░░░░░░░░ from And look what ░░░░░░░░ did We won back ░░░░░░░░ seats Republican seats in ░░░░░░░░ and red areas You ░░░░░░░░ t hear any Republicans ░░░░░░░░ there saying I m ░░░░░░░░ to take away your ░░░░░░░░ condition coverage Because they ░░░░░░░░ it out The one ░░░░░░░░ that Trump has done ░░░░░░░░ pulled the band aid ░░░░░░░░ and said This is ░░░░░░░░ I am This is ░░░░░░░░ we ve done Whether ░░░░░░░░ s for example the ░░░░░░░░ that we re in ░░░░░░░░ position where there is ░░░░░░░░ minimum tax on corporations ░░░░░░░░ don t pay anything ░░░░░░░░ billions and billions of ░░░░░░░░ Where I come from ░░░░░░░░ Delaware a lot of ░░░░░░░░ do they think Whoa ░░░░░░░░ doesn t work That ░░░░░░░░ not fair Other corporations ░░░░░░░░ t think it is ░░░░░░░░ So there s a ░░░░░░░░ of things that have ░░░░░░░░ exposed now HARWOOD Let ░░░░░░░░ ask you about another ░░░░░░░░ of the divide What ░░░░░░░░ ve seen is a ░░░░░░░░ divide economically And more ░░░░░░░░ better educated more digitally ░░░░░░░░ cities are doing better ░░░░░░░░ incomes Places like Chickasaw ░░░░░░░░ here in Iowa are ░░░░░░░░ behind lesser levels of ░░░░░░░░ and more and more ░░░░░░░░ of cultural resentment which ░░░░░░░░ been to the benefit ░░░░░░░░ the Republican Party What ░░░░░░░░ you do about that ░░░░░░░░ Well that s also ░░░░░░░░ too The president has ░░░░░░░░ Trump said he s ░░░░░░░░ to take care of ░░░░░░░░ forgotten man He got ░░░░░░░░ and forgot them Look ░░░░░░░░ Chickasaw County out here ░░░░░░░░ Basically a conservative area ░░░░░░░░ the past but now ░░░░░░░░ of a sudden they ░░░░░░░░ realizing his foreign policy ░░░░░░░░ killing them killing them ░░░░░░░░ failure to invest in ░░░░░░░░ education is killing them ░░░░░░░░ able to bring teachers ░░░░░░░░ attitude toward rural hospitals ░░░░░░░░ killing them HARWOOD But ░░░░░░░░ ve seen farmers say ░░░░░░░░ m sticking with the ░░░░░░░░ He s on my ░░░░░░░░ He s giving us ░░░░░░░░ to compensate BIDEN There ░░░░░░░░ going to be people ░░░░░░░░ with them Remember we ░░░░░░░░ by about 172 000 ░░░░░░░░ Okay So you don ░░░░░░░░ have to win back ░░░░░░░░ don t have to ░░░░░░░░ change anything But you ░░░░░░░░ got to let people ░░░░░░░░ that all the meetings ░░░░░░░░ ve had I ve ░░░░░░░░ about the incredible opportunity ░░░░░░░░ rural America leading American ░░░░░░░░ the 21st century for ░░░░░░░░ We re the only ░░░░░░░░ in the world that ░░░░░░░░ been able to take ░░░░░░░░ crises and turn them ░░░░░░░░ real opportunities Global warming ░░░░░░░░ is going to be ░░░░░░░░ epicenter of the first ░░░░░░░░ I predict to you ░░░░░░░░ first area of zero ░░░░░░░░ zero carbon because of ░░░░░░░░ way in which the ░░░░░░░░ s changing where farmers ░░░░░░░░ make a lot of ░░░░░░░░ not just growing and ░░░░░░░░ their crop but with ░░░░░░░░ cover with dealing with ░░░░░░░░ carbon with setting up ░░░░░░░░ know is not going ░░░░░░░░ sound good on television ░░░░░░░░ you know there s ░░░░░░░░ awful lot of chicken ░░░░░░░░ in Delaware because it ░░░░░░░░ a big area There ░░░░░░░░ an awful lot of ░░░░░░░░ manure and cattle Well ░░░░░░░░ what We ve learned ░░░░░░░░ how to pelletize that ░░░░░░░░ out the methane use ░░░░░░░░ for energy and be ░░░░░░░░ to sell this pure ░░░░░░░░ that is not damaging ░░░░░░░░ environment abroad We re ░░░░░░░░ to see little factories ░░░░░░░░ up all over this ░░░░░░░░ Or for example ethanol ░░░░░░░░ the salaries ethanol plants ░░░░░░░░ not 15 bucks an ░░░░░░░░ 45 an hour They ░░░░░░░░ generated significant economic income ░░░░░░░░ Let me ask you ░░░░░░░░ one specific farm issue ░░░░░░░░ Sure HARWOOD Farm exports ░░░░░░░░ been hurt by the ░░░░░░░░ war He s had ░░░░░░░░ to compensate If you ░░░░░░░░ president do those tariffs ░░░░░░░░ off on day one ░░░░░░░░ Those tariffs come off ░░░░░░░░ terms of farmers but ░░░░░░░░ tariffs may go on ░░░░░░░░ terms of the violation ░░░░░░░░ the stealing of intellectual ░░░░░░░░ violating WTO HARWOOD So ░░░░░░░░ all the people saying ░░░░░░░░ the tariffs are creating ░░░░░░░░ and harming the economy ░░░░░░░░ think some of them ░░░░░░░░ justified BIDEN Well for ░░░░░░░░ on steel dumping it ░░░░░░░░ justified It s justified ░░░░░░░░ excess of steel they ░░░░░░░░ it at a lower ░░░░░░░░ It is in fact ░░░░░░░░ to drive down our ░░░░░░░░ market and our steel ░░░░░░░░ But the idea of ░░░░░░░░ making the farmer pay ░░░░░░░░ what they ve worked ░░░░░░░░ hell to do provide ░░░░░░░░ have a market in ░░░░░░░░ makes no sense It ░░░░░░░░ not about the trade ░░░░░░░░ What it s about ░░░░░░░░ what they re doing ░░░░░░░░ to change world trade ░░░░░░░░ Look we make up ░░░░░░░░ of the world s ░░░░░░░░ When we were prepared ░░░░░░░░ bring our allies with ░░░░░░░░ China has to listen ░░░░░░░░ this time we have ░░░░░░░░ have labor and environmentalist ░░░░░░░░ the table at the ░░░░░░░░ And then what happens ░░░░░░░░ we can begin to ░░░░░░░░ again set the rules ░░░░░░░░ fair trade internationally HARWOOD ░░░░░░░░ the divide we re ░░░░░░░░ about Sanders and Warren ░░░░░░░░ made a case for ░░░░░░░░ the divide with large ░░░░░░░░ programs that everybody benefits ░░░░░░░░ Given how popular Medicare ░░░░░░░░ Social Security as universal ░░░░░░░░ are why are they ░░░░░░░░ BIDEN Well because they ░░░░░░░░ not being honest about ░░░░░░░░ much it will cost ░░░░░░░░ you take a look ░░░░░░░░ where the Democratic Party ░░░░░░░░ and where the American ░░░░░░░░ are they re not ░░░░░░░░ Medicare for All First ░░░░░░░░ all it s going ░░░░░░░░ take their own admission ░░░░░░░░ to 10 years for ░░░░░░░░ to happen number one ░░░░░░░░ s going to cost ░░░░░░░░ 30 trillion and 40 ░░░░░░░░ over 10 years It ░░░░░░░░ not realistic going to ░░░░░░░░ taxes on middle class ░░░░░░░░ It s the exact ░░░░░░░░ of the thing we ░░░░░░░░ to do I have ░░░░░░░░ really bold plan I ░░░░░░░░ taking what Obamacare adding ░░░░░░░░ public option to it ░░░░░░░░ Medicare for people who ░░░░░░░░ to buy into that ░░░░░░░░ if they re already ░░░░░░░░ for Medicaid they automatically ░░░░░░░░ enrolled I m further ░░░░░░░░ the plans that exist ░░░░░░░░ Obamacare so the largest ░░░░░░░░ you d have to ░░░░░░░░ for a copay would ░░░░░░░░ 1 000 in a ░░░░░░░░ plan and you re ░░░░░░░░ to keep your insurance ░░░░░░░░ you like it HARWOOD ░░░░░░░░ Pelosi says Medicare for ░░░░░░░░ is not an idea ░░░░░░░░ she s in favor ░░░░░░░░ You re saying it ░░░░░░░░ not a good idea ░░░░░░░░ if you could pass ░░░░░░░░ BIDEN Well I think ░░░░░░░░ s not a necessary ░░░░░░░░ Theoretically it makes sense ░░░░░░░░ the merits But the ░░░░░░░░ is there s no ░░░░░░░░ to get it done ░░░░░░░░ entire budget for one ░░░░░░░░ every single thing doesn ░░░░░░░░ add up to what ░░░░░░░░ would cost for Medicare ░░░░░░░░ one year It s ░░░░░░░░ whether or not we ░░░░░░░░ do something big that ░░░░░░░░ get done and benefit ░░░░░░░░ The one thing I ░░░░░░░░ t like about the ░░░░░░░░ for All there s ░░░░░░░░ 160 million people who ░░░░░░░░ negotiated and taking pay ░░░░░░░░ to get better insurance ░░░░░░░░ with their companies and ░░░░░░░░ like it HARWOOD Do ░░░░░░░░ think it is a ░░░░░░░░ economically politically even morally ░░░░░░░░ Democrats to be in ░░░░░░░░ position of offering lots ░░░░░░░░ free stuff BIDEN I ░░░░░░░░ there are important things ░░░░░░░░ have to offer for ░░░░░░░░ for people who need ░░░░░░░░ health care basic education ░░░░░░░░ needs that relate to ░░░░░░░░ they can live their ░░░░░░░░ I think for many ░░░░░░░░ that has to be ░░░░░░░░ Look he s just ░░░░░░░░ back on food stamps ░░░░░░░░ God s sake going ░░░░░░░░ Christmas HARWOOD Right But ░░░░░░░░ ve seen the objection ░░░░░░░░ say Oh those Democrats ░░░░░░░░ re just promising this ░░░░░░░░ that BIDEN You have ░░░░░░░░ right the market a ░░░░░░░░ bit here If you ░░░░░░░░ all of the tax ░░░░░░░░ essentially all the tax ░░░░░░░░ all of the benefits ░░░░░░░░ through the top one ░░░░░░░░ of 1 there s ░░░░░░░░ been as great a ░░░░░░░░ of wealth including going ░░░░░░░░ to the Great Depression ░░░░░░░░ One of the things ░░░░░░░░ worries me most about ░░░░░░░░ John is the middle ░░░░░░░░ is getting killed The ░░░░░░░░ class right now is ░░░░░░░░ a position where more ░░░░░░░░ half of them don ░░░░░░░░ think the children will ░░░░░░░░ have the same standard ░░░░░░░░ living they have HARWOOD ░░░░░░░░ this is where the ░░░░░░░░ and Warren wealth tax ░░░░░░░░ in It polls pretty ░░░░░░░░ Critics Republicans also some ░░░░░░░░ Democrats say two things ░░░░░░░░ it two objections One ░░░░░░░░ s not workable And ░░░░░░░░ it s punitive Do ░░░░░░░░ agree with both of ░░░░░░░░ objections BIDEN Parts of ░░░░░░░░ plan those objections apply ░░░░░░░░ here s the deal ░░░░░░░░ view is you have ░░░░░░░░ reform the entire tax ░░░░░░░░ not just have a ░░░░░░░░ tax on a single ░░░░░░░░ of people For example ░░░░░░░░ in fact we re ░░░░░░░░ to and I think ░░░░░░░░ can get it passed ░░░░░░░░ you pay on capital ░░░░░░░░ clipping coupons your money ░░░░░░░░ money the same rates ░░░░░░░░ pay in your regular ░░░░░░░░ If in fact you ░░░░░░░░ a thing called stepped ░░░░░░░░ basis which is not ░░░░░░░░ inheritance tax HARWOOD That ░░░░░░░░ one of the things ░░░░░░░░ you guys tried and ░░░░░░░░ t do under Obama ░░░░░░░░ No but we can ░░░░░░░░ Once the carny show ░░░░░░░░ through with the guy ░░░░░░░░ the pea in the ░░░░░░░░ three shells and there ░░░░░░░░ no pea under any ░░░░░░░░ the second time it ░░░░░░░░ around they figure it ░░░░░░░░ They know that there ░░░░░░░░ a number of things ░░░░░░░░ don t make any ░░░░░░░░ in the tax code ░░░░░░░░ the working class the ░░░░░░░░ class and benefit unduly ░░░░░░░░ who in fact don ░░░░░░░░ need those tax cuts ░░░░░░░░ here s the point ░░░░░░░░ It is a political ░░░░░░░░ that allows the demagogues ░░░░░░░░ go out and spread ░░░░░░░░ split the country in ░░░░░░░░ It s not just ░░░░░░░░ need a middle class ░░░░░░░░ s not just being ░░░░░░░░ It s taking away ░░░░░░░░ argument he s used ░░░░░░░░ well The reason why ░░░░░░░░ re not having your ░░░░░░░░ is not paying as ░░░░░░░░ because of all those ░░░░░░░░ The reason why is ░░░░░░░░ so on And we ░░░░░░░░ got to end it ░░░░░░░░ there s a way ░░░░░░░░ do it It s ░░░░░░░░ our wheelhouse to be ░░░░░░░░ to do it HARWOOD ░░░░░░░░ Secretary Mnuchin today said ░░░░░░░░ he opposed a financial ░░░░░░░░ tax which some in ░░░░░░░░ race of supported because ░░░░░░░░ would destroy financial markets ░░░░░░░░ that why you ve ░░░░░░░░ that idea BIDEN No ░░░░░░░░ still think we should ░░░░░░░░ that I think we ░░░░░░░░ have a financial transaction ░░░░░░░░ But I focused on ░░░░░░░░ I think I could ░░░░░░░░ done get done quickly ░░░░░░░░ pay for everything I ░░░░░░░░ talking about Because look ░░░░░░░░ president has increased with ░░░░░░░░ profligate tax cut to ░░░░░░░░ very wealthy the deficit ░░░░░░░░ 1 trillion 900 billion ░░░░░░░░ can t be sustained ░░░░░░░░ can t be sustained ░░░░░░░░ the argument I use ░░░░░░░░ he passed it though ░░░░░░░░ I was against it ░░░░░░░░ was asked to go ░░░░░░░░ the House and speak ░░░░░░░░ the steps of the ░░░░░░░░ and what I pointed ░░░░░░░░ was it s all ░░░░░░░░ to be able to ░░░░░░░░ doing away with the ░░░░░░░░ safety net The reason ░░░░░░░░ we have to cut ░░░░░░░░ safety net now is ░░░░░░░░ have this terrible deficit ░░░░░░░░ they controlled the Congress ░░░░░░░░ 18 what was the ░░░░░░░░ thing the budget committee ░░░░░░░░ They move to increase ░░░░░░░░ on Medicare by over ░░░░░░░░ billion HARWOOD But now ░░░░░░░░ s what some Democrats ░░░░░░░░ saying They re saying ░░░░░░░░ we ve seen that ░░░░░░░░ deficits don t matter ░░░░░░░░ that much Economically it ░░░░░░░░ actually helped Trump s ░░░░░░░░ in the short term ░░░░░░░░ all that would it ░░░░░░░░ okay with you to ░░░░░░░░ spending more than the ░░░░░░░░ you could raise taxes ░░░░░░░░ pay for it BIDEN ░░░░░░░░ depends on the circumstance ░░░░░░░░ find ourselves when we ░░░░░░░░ elected Look what we ░░░░░░░░ to do We in ░░░░░░░░ to be able to ░░░░░░░░ out of the financial ░░░░░░░░ which was the greatest ░░░░░░░░ sort of a depression ░░░░░░░░ American history the president ░░░░░░░░ me to chair the ░░░░░░░░ act which had 900 ░░░░░░░░ in it and we ░░░░░░░░ it Most even conservative ░░░░░░░░ acknowledged it probably saved ░░░░░░░░ from a depression But ░░░░░░░░ we did at the ░░░░░░░░ time was we were ░░░░░░░░ to invest it in ░░░░░░░░ that in fact grew ░░░░░░░░ economy at the same ░░░░░░░░ That s the exact ░░░░░░░░ of what Trump has ░░░░░░░░ What he has done ░░░░░░░░ t grown the economy ░░░░░░░░ hasn t grown the ░░░░░░░░ There are circumstances where ░░░░░░░░ have to spend in ░░░░░░░░ to generate economic growth ░░░░░░░░ there has to be ░░░░░░░░ way that you can ░░░░░░░░ up to that Otherwise ░░░░░░░░ end up in a ░░░░░░░░ where you have to ░░░░░░░░ terrible terrible choices HARWOOD ░░░░░░░░ you still favor the ░░░░░░░░ budget amendment that you ░░░░░░░░ for in 1995 BIDEN ░░░░░░░░ because we re in ░░░░░░░░ different place now I ░░░░░░░░ it s not true ░░░░░░░░ we re likely to ░░░░░░░░ a recession at least ░░░░░░░░ significant economic slowdown That ░░░░░░░░ t make sense HARWOOD ░░░░░░░░ you think that vote ░░░░░░░░ a mistake BIDEN No ░░░░░░░░ then Everything s context ░░░░░░░░ of the reasons I ░░░░░░░░ giving an interview with ░░░░░░░░ is you know the ░░░░░░░░ I m not being ░░░░░░░░ wise guy 1995 was ░░░░░░░░ very different place than ░░░░░░░░ find ourselves today This ░░░░░░░░ about how do we ░░░░░░░░ the economy For example ░░░░░░░░ makes a lot of ░░░░░░░░ that we say that ░░░░░░░░ why is it if ░░░░░░░░ give a charitable contribution ░░░░░░░░ won t say you ░░░░░░░░ mean you editorially someone ░░░░░░░░ the 20 tax bracket ░░░░░░░░ to take a 20 ░░░░░░░░ for that Well somebody ░░░░░░░░ is in the 40 ░░░░░░░░ bracket they in fact ░░░░░░░░ to deduct 40 of ░░░░░░░░ Well why is that ░░░░░░░░ does that do I ░░░░░░░░ for example no tax ░░░░░░░░ that you get No ░░░░░░░░ can you take that ░░░░░░░░ more than what 28 ░░░░░░░░ Another thing Obama tried ░░░░░░░░ do couldn t get ░░░░░░░░ BIDEN But we ll ░░░░░░░░ it done Because things ░░░░░░░░ changed HARWOOD Right A ░░░░░░░░ of economic points quickly ░░░░░░░░ I know our time ░░░░░░░░ short Sen Warren came ░░░░░░░░ today with a new ░░░░░░░░ on limiting mega mergers ░░░░░░░░ back on your time ░░░░░░░░ the Obama administration do ░░░░░░░░ think you guys were ░░░░░░░░ slack on antitrust enforcement ░░░░░░░░ that concentration among big ░░░░░░░░ is a big economic ░░░░░░░░ BIDEN It is a ░░░░░░░░ economic problem And one ░░░░░░░░ the things that I ░░░░░░░░ said I would do ░░░░░░░░ president is set up ░░░░░░░░ the Justice Department an ░░░░░░░░ new entity to go ░░░░░░░░ and look at the ░░░░░░░░ mergers that have occurred ░░░░░░░░ those who that are ░░░░░░░░ proposed to occur There ░░░░░░░░ a lot of concentration ░░░░░░░░ power And make a ░░░░░░░░ whether or not it ░░░░░░░░ sense for that to ░░░░░░░░ One of the things ░░░░░░░░ always happens from one ░░░░░░░░ to the next even ░░░░░░░░ the same party is ░░░░░░░░ go back and you ░░░░░░░░ at the consequences and ░░░░░░░░ was done There s ░░░░░░░░ much concentration of power ░░░░░░░░ I don t disagree ░░░░░░░░ Elizabeth s point how ░░░░░░░░ go about making that ░░░░░░░░ remains to be seen ░░░░░░░░ don t think you ░░░░░░░░ about and making judgment ░░░░░░░░ picking a particular company ░░░░░░░░ think you talk about ░░░░░░░░ happened when we concentrated ░░░░░░░░ power HARWOOD Do you ░░░░░░░░ you guys should have ░░░░░░░░ more in the Obama ░░░░░░░░ BIDEN Look remember everything ░░░░░░░░ on the presidents plate ░░░░░░░░ locusts We finally got ░░░░░░░░ the place where we ░░░░░░░░ not only the car ░░░░░░░░ of the ditch and ░░░░░░░░ from going over the ░░░░░░░░ we put new tires ░░░░░░░░ it We began to ░░░░░░░░ the engine It was ░░░░░░░░ 40 miles an hour ░░░░░░░░ were ready to make ░░░░░░░░ run faster We lost ░░░░░░░░ Democrats lost the election ░░░░░░░░ so we re faced ░░░░░░░░ a different problem now ░░░░░░░░ do we go back ░░░░░░░░ regain the momentum that ░░░░░░░░ d gotten going There ░░░░░░░░ a lot of things ░░░░░░░░ can go back in ░░░░░░░░ administration and say Well ░░░░░░░░ would have done something ░░░░░░░░ But at the moment ░░░░░░░░ wasn t much else ░░░░░░░░ could be done at ░░░░░░░░ time HARWOOD President Trump ░░░░░░░░ been very strong in ░░░░░░░░ Fed Chair Powell Do ░░░░░░░░ think Powell is doing ░░░░░░░░ good job and is ░░░░░░░░ the kind of person ░░░░░░░░ would keep or put ░░░░░░░░ the Fed BIDEN I ░░░░░░░░ not going to get ░░░░░░░░ the personalities but I ░░░░░░░░ say this the president ░░░░░░░░ not be trying to ░░░░░░░░ the Fed We did ░░░░░░░░ do that That s ░░░░░░░░ to be an independent ░░░░░░░░ out here It s ░░░░░░░░ like how he pressures ░░░░░░░░ military and intervenes in ░░░░░░░░ chain of command It ░░░░░░░░ his way of abusing ░░░░░░░░ across the board It ░░░░░░░░ a big mistake A ░░░░░░░░ mistake and I would ░░░░░░░░ do that HARWOOD You ░░░░░░░░ got an ad out ░░░░░░░░ that says the world ░░░░░░░░ laughing at President Trump ░░░░░░░░ strong ad on the ░░░░░░░░ of this recent NATO ░░░░░░░░ And the President Trump ░░░░░░░░ not directly to the ░░░░░░░░ but he said All ░░░░░░░░ found over there was ░░░░░░░░ respect for the United ░░░░░░░░ In the meeting Do ░░░░░░░░ think he actually believes ░░░░░░░░ or do you think ░░░░░░░░ privately he fears that ░░░░░░░░ s being mocked ridiculed ░░░░░░░░ he s not respected ░░░░░░░░ How could he not ░░░░░░░░ that How could he ░░░░░░░░ know that He turned ░░░░░░░░ and he called the ░░░░░░░░ minister of Canada two ░░░░░░░░ He turned around the ░░░░░░░░ he doesn t know ░░░░░░░░ I mean look this ░░░░░░░░ thinks if he says ░░░░░░░░ lie long enough and ░░░░░░░░ enough and repeats it ░░░░░░░░ somehow people will believe ░░░░░░░░ Look the reason why ░░░░░░░░ just I m not ░░░░░░░░ that the president of ░░░░░░░░ United States got mocked ░░░░░░░░ what it says is ░░░░░░░░ lack the respect of ░░░░░░░░ rest of the world ░░░░░░░░ we had in spades ░░░░░░░░ HARWOOD Well here s ░░░░░░░░ related question that if ░░░░░░░░ does know and the ░░░░░░░░ is does he care ░░░░░░░░ ask for this reason ░░░░░░░░ of all you may ░░░░░░░░ John Kerry who endorsed ░░░░░░░░ today got mocked in ░░░░░░░░ as being too French ░░░░░░░░ couple of the people ░░░░░░░░ those videos where Emmanuel ░░░░░░░░ and Justin Trudeau Do ░░░░░░░░ think as an elite ░░░░░░░░ elite matter he doesn ░░░░░░░░ care BIDEN I don ░░░░░░░░ think it s about ░░░░░░░░ elite I think it ░░░░░░░░ about being smart or ░░░░░░░░ so smart I think ░░░░░░░░ s about being mean ░░░░░░░░ or not mean spirited ░░░░░░░░ s about coddling Russia ░░░░░░░░ trying to break up ░░░░░░░░ and NATO or sticking ░░░░░░░░ our friends HARWOOD That ░░░░░░░░ the point I was ░░░░░░░░ to Those people in ░░░░░░░░ video were leaders of ░░░░░░░░ Vladimir Putin wants NATO ░░░░░░░░ and divided Nancy Pelosi ░░░░░░░░ when she was announcing ░░░░░░░░ drafting of articles of ░░░░░░░░ said that in essence ░░░░░░░░ Russia of 2016 scandal ░░░░░░░░ the Ukraine scandal are ░░░░░░░░ pieces of the same ░░░░░░░░ that all roads lead ░░░░░░░░ Putin Do you see ░░░░░░░░ that way yourself BIDEN ░░░░░░░░ do in Europe Absolutely ░░░░░░░░ I know Putin I ░░░░░░░░ had private time with ░░░░░░░░ I ve looked in ░░░░░░░░ eyes as they say ░░░░░░░░ is a guy who ░░░░░░░░ one overarching desire to ░░░░░░░░ up NATO and to ░░░░░░░░ America pull away from ░░░░░░░░ the Euro Atlantic Alliance ░░░░░░░░ that s the one ░░░░░░░░ he cannot penetrate if ░░░░░░░░ s strong But if ░░░░░░░░ have 28 nations all ░░░░░░░░ their own way he ░░░░░░░░ significantly more powerful And ░░░░░░░░ happens when you live ░░░░░░░░ door to the bear ░░░░░░░░ you don t have ░░░░░░░░ protecting you and doesn ░░░░░░░░ have that shotgun out ░░░░░░░░ make sure the bear ░░░░░░░░ t get you Then ░░░░░░░░ fact you begin to ░░░░░░░░ accommodations HARWOOD And why ░░░░░░░░ you think President Trump ░░░░░░░░ to help him BIDEN ░░░░░░░░ don t think the ░░░░░░░░ of the United States ░░░░░░░░ has any notion of ░░░░░░░░ concerns I remember he ░░░░░░░░ seriously a couple of ░░░░░░░░ into his administration You ░░░░░░░░ this job s harder ░░░░░░░░ running a real estate ░░░░░░░░ He knows nothing about ░░░░░░░░ policy He knows nothing ░░░░░░░░ nuclear deterrent He knows ░░░░░░░░ I actually privately encouraged ░░░░░░░░ number of generals senior ░░░░░░░░ department people foreign policy ░░░░░░░░ to stay in the ░░░░░░░░ Don t leave Look ░░░░░░░░ s happened HARWOOD But ░░░░░░░░ your judgment then that ░░░░░░░░ s ignorance that he ░░░░░░░░ t understand geopolitics as ░░░░░░░░ to he is purposely ░░░░░░░░ Russia and Putin because ░░░░░░░░ s compromised in some ░░░░░░░░ BIDEN All I know ░░░░░░░░ the results are the ░░░░░░░░ I can t read ░░░░░░░░ mind He has done ░░░░░░░░ that seem to me ░░░░░░░░ be completely contrary to ░░░░░░░░ When he stands before ░░░░░░░░ the whole world at ░░░░░░░░ G 20 meeting and ░░░░░░░░ that I believe Vladimir ░░░░░░░░ did not interfere in ░░░░░░░░ elections and these 18 ░░░░░░░░ agencies that work for ░░░░░░░░ in fact do They ░░░░░░░░ he did but I ░░░░░░░░ they re wrong What ░░░░░░░░ that about HARWOOD That ░░░░░░░░ the question BIDEN I ░░░░░░░░ t know But the ░░░░░░░░ is the same It ░░░░░░░░ drastically weakened our standing ░░░░░░░░ the world Poll came ░░░░░░░░ not long ago Gallup ░░░░░░░░ Pew showing that we ░░░░░░░░ just below China in ░░░░░░░░ and just above Russia ░░░░░░░░ s going on Look ░░░░░░░░ we are not leading ░░░░░░░░ ve led the world ░░░░░░░░ the example not just ░░░░░░░░ our power but the ░░░░░░░░ of our example There ░░░░░░░░ three things I ve ░░░░░░░░ I ve learned Vladimir ░░░░░░░░ doesn t want me ░░░░░░░░ be president That s ░░░░░░░░ he s spending a ░░░░░░░░ of money on these ░░░░░░░░ trying to tell any ░░░░░░░░ about me I ve ░░░░░░░░ that Kim Jong Un ░░░░░░░░ I am a rabid ░░░░░░░░ should be beaten to ░░░░░░░░ with a stick and ░░░░░░░░ gets a love letter ░░░░░░░░ Trump And I learned ░░░░░░░░ Donald Trump doesn t ░░░░░░░░ me to be the ░░░░░░░░ This president is the ░░░░░░░░ unusual politician I ve ░░░░░░░░ worked with And he ░░░░░░░░ t seem to have ░░░░░░░░ sense of who we ░░░░░░░░ He s ripping the ░░░░░░░░ out of this country ░░░░░░░░ really is I sometimes ░░░░░░░░ back and wonder Whoa ░░░░░░░░ don t know whether ░░░░░░░░ I shouldn t speculate ░░░░░░░░ I don t know ░░░░░░░░ be honest.