Transcripts For FOXNEWSW The Journal Editorial Report 201808

FOXNEWSW The Journal Editorial Report August 5, 2018 19:00:00

That will house many of the artifacts now in that huge warehouse. Dont expect to see any of the knotty propaganda that glorifies a tyrant. Thats it for today. Have a great week and we will see you next fox news sunday. We are seeing a rise in protections, this is a natural tendency but its a destructive one because when people act in protectionist ways, they wreck barriers which makes everyone. Paul welcome to the journal editorial report, im paul gigot that was billionaire industrialist and key republican don or speaking out against the recent trend of trade and Border Protectionism that has become a popular theme in the Republican Party. In response to this and other comments saying saying the kochk my support Democratic Candidates, Warning Donors to avoid giving to the kochs powerful donor network, they announced they will no longer support only republicans running for office, groups who claim to support conservatives forego commitment when they decide Business Interests are more important than those country than party. Unacceptable, end quote. Joining us to discuss james davis spokesperson for the koch network, mr. Davis, great to have you here. Thank you. Paul what is the philosophy of the kochs and the donors towards political giving, how do they decide who to support . Sure, weve always been policy first and we advanced a lot of really good policy, working with the partisan coalition thats not nearly been enough, what we said we have to look beyond partisan coalition and look at how we advance good policy because despite the advances on tax reform, the va reform and good judicial appointments, we still have been saddled with 1. 3 trillion spending bill, we are still separating children and families at the border, we dont have a solution for dreamers, health care is still soaring, sky high in prices and, you know, weve got to do so much more. We are looking at how do we remove barriers that are Holding People back and we are willing to work with anyone of any affiliation to solve those problems. Paul okay, so you are looking across the aisle, looking at members at both parties based on principles and policies not on partisanship. But here is what a lot of republicans will say, okay, look, the kochs care about Economic Growth and spending and free markets and lower taxes, if the democrats and nancy pelosi become house speaker, democrats take over the house and the senate, youre not going to get any of those things, so arent you working against your own interest if you hurt the Republican Party in the fall . We are not saying that we are going to support any politician that doesnt uphold to these values, what we are making clear is that weve got to elevate and raise the bar on what is acceptable. If we dont change the incentives for our elected officials and hold them accountable to bridge the divide and work together, we are going to see lack of progress and one example of where weve done that, again, very issue specific, not electoral focused but issue specific is on doddfrank regulationory reform. If you like at Hedi Heitkamp and we believe that its important to say thank you when that happens. Paul right, but lets talk about that north dakota race because kevin kramer, the republican that you criticized him, charles koch has on trade and spending, on the other hand, he voted for tax reform thatHedi Heitkamp opposed. How do you balance interest when you make up your mind on who to oppose . Kramer has been on the right side and so does heitkemp. And so for he, for Heidi Heitkemp we ran ads to support, she didnt, reran ads holding her accountable for not supporting tax reform and we see that across the board and thats what we are going to have to do issue by issue, doesnt mean that we will short hedi heitkemp, what we are looking at them neither one elevate and meet the standards of what it takes to be a champion and a leader and so hopefully by elevating what is required for candidates to get our support and changing those incentives we will see more people step up and do the right thing instead of looking at the shortterm focus of, you know, the next election and look at the long term interest of whats best for the country. Paul in a race like that you must just say we are going to sit on the sidelines and indivorce neither candidate, is that right . Thats right. Neither candidate is leading in champions on this issue. Paul lets look at the big picture, how often do you endorse, save, senate democrats, can you recall democrats that you have endorsed in Actual Campaign . No, on the federal level we have honestly worked a lot closer with partisan coalitions and worked a lot closer with republicans but what we are saying if theres candidates or elected officials we are happy to meet with you and talk about what it takes to change trajectory and eager to listen to your ideas and if you lead, we will be there to support you. We are looking for leaders who are going to solve these problems and moreover we are looking for folks that we can work with even if its on a oneoff basis, we dont have to support you on everything to make progress on one thing. Thats something that washington clearly doesnt get. Paul going back to question democratic copying is that going to promote principles that you folks believe with across the board or not . If you believe in lower spending you will not get it with Democratic House, i can tell you that. I dont know that Democratic House is going to be better than a Republican House on that. What we are doing is putting incentives for people to step up on the issues because whether youre a republican or democrat we have seen lack of courage to lead, we have seen tremendous amount of spending under Obama Administration but even the allrepublican controlled congress and Republican White House this time passed a 1. 3 trillion spending bill, we Weekly news commentary and features from the editors of the Wall Street Journals editorial page. Politicians have a hard time disagreeing with donald trump because they can pay a price at the polls or republicans, the Kochs Have Freedom just as you do as columnist. First amendment, right. Paul they can say what they believe. And i think by standing up and saying what they believe they are actually creating space to have a debate about some of the important issues within the party. Yeah, look, i think its insane to do this before the midterms. The goal of a party is to get 50 plus 1, right, in an election, the kochs are traveling on the trump train about 80 of this, its their money. Theres always tensions between groups who have issues in the party and the party wants majority, the other groups want little more purity and the problem is if youre one of these groups whether youre the nra or Koch Brothers or Prolife Group they always say would you have a democrat, they are worse, the democrats have the same goal with their groups, you know, planned parenthood, they are open to republicans who are prochoice but people say would you rather have a republican in there, occasionally if youre one of these groups, i think you have to take someone down or let be taken down to be serious or not taken for granted. The Koch Brothers are spending a lot of money to support Brett Kavanaugh, his nomination, why you wouldial would alienate someone like that . They have pretty good record. Paul steve bannon, dan, piled on afterwards and said to republican candidates, if you take koch money there will be punishment. That was his word. Bannon wants to remake the Republican Party to Protectionist Party into an Immigration Restrictionist party, not just illegal but also legal immigration, really cut it down, and i think this is the fight in many ways for what the Republican Party believes in. Yeah, it is, and what we are doing here is getting mixed up between partisanship, the party, and ideological beliefs, the Koch Brothers are fundamentally an Ideological Organization not a partisan organization, most of the time that corresponds with the Republican Party but since the Trump Presidency some of the splits have become evident as steve bannon trying to create a trumpian party. Sure, hes entitled to do that, but in the next 3 months between now and november, i mean, you have about 25 Republican House seats on there that are not safe, they are on the bubble and they have got to decide for themselves whether they are going to align themselves with steve bannon or whatever it takes to get them reelected and control hold control of the house of representatives. I think the reaction of donald trump is very much related to the problems hes having with his trade policy. I mean, he is getting incredible pushback from within inside the Republican Party about the problems that the farmers are willingham tucks it in and puts the championship to bed. Sweet dreams, nighty night. As long as Soccer Players celebrate with a slide, you can count on geico saving folks money. Fifteen minutes could save you fifteen percent or more on car insurance. Pressure, what pressure . The players on the. I know, right. We are seriously ikeeping up with the joneses. Pressure, what pressure . I know, right. We are seriously keeping with the andersons. We are finally keeping up with the fords. Keeping up with the garcias. Keeping up with the harveys. Keeping up with the wahhthewahh the romeros. Carters. Patels. The allens. Wah. Wolanskes. Right, them. No one is going to have internet like this. No one is going to have internet like this. Gig to more homes than anyone. Not just the joneses. Over here. Xfinity. The largest gigspeed network. Paul as the trade war with china continues to escalate President Trump has asked advisers to explore the possibility of raising tariffs from 10 which was announced last month all the way up to 25 drawing criticism from both sides of the political aisle advocating a more open trade policy, this coming as the Bureau Of Labor Statistics released latest jobs report showing the unemployment rate dropping to 3. 9 , so what does this mean for the economy as a whole lets bring back Deputy Editor dan henninger, and Columnist Bill mcgurn and mary ogrady. So mary, you saw the jobs report. Little more little lighter job creation but still pretty strong. Well let me say at onset, everything is okay, we are doing fine, we are still in sweet spot but the jobs number was disappointing a little bit below what the expectations were, Labor Participation is still below 63 , weve been hope to get that higher and theres a lot of focus on the fact that wages are up, wage gains 2. 7 but lets remember that those those are nominal wage gains. In real terms wages are flat over last year and a lot of that, i think, can be explained by rising Healthcare Costs which become more and more part of the conversation. And i think that what we are seeing here is a real problem, again, with Donald Trumps trade policy, not only because of the trade policy but because thats where hes spending all of his Political Capital instead of fixing other things. Paul mayjune numbers were raised 59,000, so the average so seventh year of economic recovery is more than that. Its really very good. On average 2, 20 over paul thats good. Its very good paul from 2016 and 17. Yes, i agree, but what i would say is, again, the numbers are disappointing and lets remember that we are running into headwinds here because Interest Rates are going back up and we have the tariffs coming which, you know, i think donald trump feel like, hey, i announced tariffs were going up and Nothing Happened therefore i can do more and i think the repercussions of what is going to happen as these tariffs hit the economy havent been factored in yet and when they are you run into some problems. Paul thats the question of audience, i get it emails all of the time, if trade is so dangerous as a policy, so damaging, then why is the market not going down and why is the economy strong, your reply . Im saying a lot of Effects Havent Hit yet. In the first half of the year exports, they rushed them to the docks to get them out of the country so that they could beat the the retaliation that were getting hit with in europe, in mexico, in canada and in china and as that starts to actually sink more into the economy, i think you start youre going to start to feel it in the jobs numbers and in wage numbers and thats important to wall street and the market. Paul the president had truce with europe, bill, hes working on a deal trying to get one with mexico and canada. If he did that and then china was the only trade feud, can the economy kind of plow through that . Yeah, i have a slightly different take from mary, i share her concerns, this is good news, we are in an economy where the growth is 4. 1, higher than unemployment rate, only in the times that i lived in hong kong did i enjoy Something Like that. [laughter] the good economy sort of gives cover a little bit to hide some of the costs and i agree that the full costs have not been yet felt, if you compare to Bush Deal Tariffs in 2002, much worse economy, the pain was much sharper because you could see it. Who knows, maybe the tariffs knock off a few points on the growth, we dont really know, unfortunately thats i think its giving coverage to the idea that there are no costs and i agree with mary and i think we will see them later. Its good news for what we have, The Dark Side that it may give excuses for more and the tariffs. Paul dan, you have been arguing that trump should use the economy, Strong Enough and grown enough that he ought to run on it and instead of some of the other issues and stress Whats Going On in the economy . Well, hes running on it. Ive watched two huge rallies hes had recently and midst the 70 or 80 minutes which he talks theres a lot about the economy and there should be. The question is should the republican candidates themselves be doing it and i argue that is the single thing that they should be con concentrating on. The economy is booming after 8 years of torture in obama years. They rolled back regulations, liberated the american economy, but i think there is a flag flying out there and that is trump has died today use tariffs, try to force changes in the chinese economy and the simple question is, is this tool, the tariff war right tool to change the chinese because they just this week said they would retaliate with tariffs on over 5,000 american goods. Theres a risk factor no question built into this. A game of chicken, paul. Paul and somebody loses. Right. Paul thank you all, still ahead a look at midterms election has new poll indicate that is trump may be losing support in the Battleground States of the midwest. Booking a flight at the last minute doesnt have to be expensive. Just go to priceline. Its the best place to book a flight a few days before my trip and still save up to 40 . Just tap and go. For the best savings on flights, go to priceline. With who we are as people and making everybody feel welcome. Ordering custom ink tshirts has been a really smart decision for our business. I love the custom Ink Design Lab because its really easy to use. They have Customer Service that you can reach anytime. Tshirts help us immediately get a sense of who we are as a group. From the moment clients walk in, theyre able to feel like part of the family. [spokesman] custom ink has hundreds of products for your business and free shipping. Upload your logo or start your design today at customink. Com. Upload your logo or start your design today if yor crohns symptoms are holding you back, and your Current Treatment hasnt worked well enough, it may be time for a change. Ask your doctor about entyvio, the only biologic developed and approved just for uc and crohns. Entyvio works at the site of inflammation in the gi tract and is clinically proven to help many patients achieve both Symptom Relief and remission. Infusion and serious allergic reactions can happen during or after treatment. Entyvio may increase risk of infection, which can be serious. Pml, a rare, serious, potentially fatal Brain Infection caused by a virus may be possible. This condition has not been reported with entyvio. Tell your doctor if you have an infection, experience frequent infections or have flulike symptoms or sores. Liver problems can occur with entyvio. If your uc or crohns treatment isnt working for you, ask your gastroenterologist about entyvio. Entyvio. Relief and remission within reach. Well, esurance makes it simple and affordable. In fact, drivers who switched from geico to esurance saved an average of 412. Thats auto and Home Insurance for the modern world. Esurance. An allstate company. Click or call. Paying too

© 2025 Vimarsana