And, This is Who Actually Raises Our Young Men With Scott Galloway

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Speaker 69 In 2020, Donald Trump won roughly 41% of the vote with young men. In 2024, he increased that share to 56%.

Speaker 69 What's happening with young men in this country? What's happening with the trend lines that define some of the stresses and the anxieties that so many young men are facing in America today?

Speaker 69 This is Gavin Newsom, and this is Scott Galloway.

Speaker 69 Well, Scott, thanks so much for taking the time

Speaker 69 and joining us on the podcast.

Speaker 69 And there's so many things I want to talk about from higher education to, you know, a little bit touch on housing, issues of inequality, a lot of the work that you've been doing, talk about some of the trend lines, particularly as it relates to young men.

Speaker 69 But there's a lot of attention now being placed once again on tech titans, notably Mark Zuckerberg, who you once described lovingly as the most dangerous man in the world,

Speaker 69 who is now testifying in an antitrust suit.

Speaker 69 He'll be joined in a number of months by a number of other companies. I think there are five lawsuits, the FTC.
But Mark is up there, one of the, perhaps the most consequential in decades, antitrust

Speaker 69 discussions related to WhatsApp and Instagram. Just curious, you're over-under.
What do you make of this moment?

Speaker 69 What do you make of Zuckerberg's outreach to the Trump administration to try to get this thing off the docket, the fact they didn't move on it?

Speaker 69 What does it mean to you from a political perspective, not just from a substantive perspective in terms of the future of tech?

Speaker 70 First, I think you have to give Mark Zuckerberg as due. I think he's one of the most brilliant business people of the last 50 years.

Speaker 70 I also think there's few people that have done more damage while making more money than Mark Zuckerberg.

Speaker 70 The coarseness of our discourse, teen depression, if any company could reverse engineer their product to an uptick in self-harm among teen girls, that company would be put out of business.

Speaker 70 And as it relates to...

Speaker 70 If it relates to antitrust, the concentration of power, you know, power corrupts absolute power, absolutely corrupts. And we have one company that controls 50% of e-commerce.

Speaker 70 Amazon, one company controls 90% of search. Google and one company owns two-thirds of social media globally with the exception of China.
Two out of three people are on a meta-platform every day.

Speaker 70 And unfortunately, I'm in the field of brand strategy. I taught that.
I studied that at Berkeley, teach at NYU.

Speaker 70 From 1945 to 1995, we thought we discovered the ultimate sell or selling tool, and that was its sex sells.

Speaker 70 Like tell people to be hotter and play volleyball and be more attractive to potential mates if they buy a Maserati or drink Coors Light.

Speaker 70 But these algorithms figured out with Google that there's something that sells even more than sex, and that's rage. And that is if you bring on somebody who says an mRNA vaccine alters your DNA,

Speaker 70 that person, in my view, deserves the right to say that. The dissenter's voice is important.

Speaker 70 But what these algorithms have figured out is that if we elevate that content beyond its natural organic reach, it creates enragement because people will weigh in and go, that's nonsense, and that's not true.

Speaker 70 And you're going to result, you're going to see a surge in measles and rubella. And then people weigh back in and every comment,

Speaker 70 enragement equals engagement equals more Nissan ads equals more shareholder value.

Speaker 70 And so unfortunately, the deepest pocketed companies in the world are trying to enrage us or addict us, get us addicted to our phones such that they can then hand us over dopamine addicts to the the pharmaceutical the medical industrial complex.

Speaker 70 Now, how do you address that? We need more laws. We need to remove 230 for algorithmically elevated content.
We need age gating. There's no reason anyone under the age of 16 should be on Instagram.

Speaker 70 But also the more boring stuff, we need to break up these companies. And in a breakup, it almost always works economically.
It works for shareholders.

Speaker 70 The seven baby bills that AT ⁇ T was broken up into are all worth more than AT ⁇ T within seven years. PayPal is worth monstrously more than the original eBay.

Speaker 70 Breakups are very accretive to the economy. They're good for employees because they get to charge more to rent their labor.

Speaker 70 if you want to be in social media and you're a hotshot engineer, how many companies are really bidding

Speaker 70 on your talent? I would argue Snap and Pinterest that Facebook could put them out of business, but they don't just to pretend they have competition.

Speaker 70 They could put them out of business, I think, in 90 days if they targeted their sites on them. Shareholders win, consumers win, and what happens to this level of concentration is rents go up.

Speaker 70 And unfortunately, these companies have non-economic rents, and that is it's hard to determine the pricing on a product that's free.

Speaker 70 But what I would argue is one of the greatest increase in rents in history is the rents, the increase in rents that parents are paying at the hands of an organization that really doesn't have your kids' welfare and best interests.

Speaker 70 I know you have kids, I have kids. I would say

Speaker 70 between 40 and 60% of all real tension or agita in my house, not only between my kids, but between my kids and their mother, is around the phone and social media.

Speaker 70 So look at the rents we're paying here.

Speaker 70 I'm cynical anything's going to happen. They've been much more masterful than our government at figuring out a way to avoid all regulation.

Speaker 69 Did you, were you surprised, I mean, with all the outreach, particularly from Eda, but I mean, all these guys, you know, not just being there at the inaugural for Trump, but obviously more outreach in the Oval that were you surprised Trump didn't intervene a little more aggressively with the quote-unquote new FTC and that went to trial?

Speaker 70 I'm convinced, Governor, that 498 of the 500 Fortune 500 CEOs wake up every morning and say, good morning, Mr. President.

Speaker 70 I think all of these guys think there's a non-zero probability that they're going to be drafted to be president. And the key attribute to be president is leadership, and I think of leadership.

Speaker 70 We teach leadership at business school, and I can summarize the entire course with the following. Do the right thing, even when it's really hard.

Speaker 70 But we want to charge them $7,000

Speaker 70 so we can hire formally important people. And in my opinion, we shouldn't have leadership or ethics classes, but that's an

Speaker 70 entirely different talk show. How many corporate CEOs are really stepping up here and saying the greatest known goal in history are these tariffs and they make no sense?

Speaker 70 There's been such a lack of leadership

Speaker 70 from these CEOs stepping up. The FDC and the DOJ, I would argue, have been neutered.

Speaker 70 Jonathan Cantor, I just interviewed, said that I'm not giving the current officials at the DOJ enough credit that they will break them up.

Speaker 70 And that Trump has been kind of a little bit all over the map on this.

Speaker 70 He didn't like TikTok till he found out, and then I think the CCP dialed up the algorithm in his favor, so he decided he liked it.

Speaker 70 Then he found out that Jeffrey Ass is a large shareholder who gave him

Speaker 70 $120 million. And what do you know? He no longer wants to ban it.

Speaker 70 So I don't, I find unfortunately our government has become at this point, especially with this administration, and I think Democrats have been guilty of this, but just in a small ball kind of way or a more elegant way.

Speaker 70 I think it's just pure pay-for-play.

Speaker 70 And whether it's Apple, which gives a million bucks to the inaugural committee and has a cult of iOS users that he does not want to piss off, You know, you just saw tariff relief for Apple.

Speaker 70 Meanwhile, 98% of companies dependent upon the export and import economy are small and medium-sized businesses. So what do they do?

Speaker 70 It's great to be Apple, but what do you do if you don't have, if you're not the largest market cap company in the world and you're just a company selling pots and pans importing from China, and you have, I talked to

Speaker 70 a homeware retailer over the weekend, $100 million in product on a ship, on ships that are going to have to be offloaded to Port of Long Beach over the course of the next three weeks.

Speaker 70 This person has to show up with another $145 million in tariffs to get this stuff off the boat.

Speaker 70 In addition, he's going to have to send down hundreds of people to retag and relabel because now labels and pricing are attached to the factory in China.

Speaker 70 And he doesn't know how to plan his business, so he's stopping hiring. He's not recruiting at universities.

Speaker 70 His earnings calls are going to be a mess. So what do we have? A reduction in hiring, a reduction in

Speaker 70 prosperity with increased consumer prices. And a brand that is America now of toxic uncertainty, where we're seeing people selling our bonds, where people divesting from our stocks.

Speaker 70 But I'm very disappointed that a lot of what I think great leaders in the corporate world aren't stepping up and calling this for what it is.

Speaker 70 And that is a totally self-inflicted injury, probably the greatest own goal since our entry into Iraq.

Speaker 69 But Scott, I mean, they're not doing it for obvious reasons, right? Just pure self-interest, right?

Speaker 69 And would you argue fiduciary interest on behalf of the shareholders? I mean, what, you know,

Speaker 69 I'm with you 1,000%,

Speaker 69 but in a world that we're living in, I mean, is it surprising or is it just outraging?

Speaker 70 I think you bring up the correct point, and that is

Speaker 70 the smart thing to do from a shareholder perspective.

Speaker 70 I mean, the thing that disappoints me, Governor President, company excluded, is not that our government officials, and I'm going to be provocative here because you've had a lot of right-wing people.

Speaker 70 It's not that our government, our elected representatives in D.C. are whores.
It's that they're such cheap whores.

Speaker 70 And that is, it's the best ROI is to give a million dollars to the inaugural committee and stay up in his crosshairs.

Speaker 70 So, when you're running a $3 trillion market cap company, why on earth wouldn't you just grin and bear it and text me and my co-hosts that I hate being here?

Speaker 70 But meanwhile, they show up, they prostitute themselves, they get paraded around. Because if you're solely focused on shareholder value, I get it.
They're just being fiduciaries of the share.

Speaker 70 Stay out of his crosshairs, bend the knee if you're a law firm, refusing to take clients of his adversaries, which is literally an attack on our Constitution. Fine, I get it.

Speaker 70 But for God's sakes, let's give up the charade about stakeholders. I've been on a bunch of corporate boards and everyone's always talking about stakeholders.
I'm like, okay, let's stop it.

Speaker 70 In sum, what you should expect or not expect,

Speaker 70 the American corporation is better at making money than any corporation in the world and therefore should not be trusted to do anything else. We need laws.

Speaker 70 And we keep hoping that if we shame Mark Zuckerberg and talk about all these kids self-harming and all the damage he's doing, that his better angels are going to show up.

Speaker 70 That's just not going to happen. The incentives in America are the following: To be rich in America is to be loved.
It's a loving, generous place if you have money.

Speaker 70 It's a rapacious, violent place if you don't.

Speaker 70 So, so many incentives are to do whatever incremental decisions you have to make to make more money that, unless we have systemic laws that say if you algorithmically elevated content that shows a 14-year-old girl images on

Speaker 70 suicide, pills, nooses,

Speaker 70 razors, and this happened because the algorithms pick up she's having suicidal ideation.

Speaker 70 Unless we put someone in jail or we fine them $550 billion, not $5 billion, they're going to continue to do this. Right now, the incentives are the following.

Speaker 70 If you had a parking meter in front of your house that costs $100 an hour, but the ticket was 25 cents, you'd break the law.

Speaker 70 And that's essentially the incentive system we have around big tech right now. But for God's sake,

Speaker 70 stop. The CSS stop with this BS around stakeholders.

Speaker 70 They're there for shareholders to admit it, and we can just get on with figuring out we need laws, not to shame them in front of the populace for a TikTok moment so you can raise more money as an elected representative and then the wheel turns, if you will.

Speaker 69 I appreciate it. Now, TikTok, I mean, you're just, I mean, you are firmly in the camp that they need to be banned in the United States.
Is that right?

Speaker 70 Well, okay. So October 7th happens.
Since then, there's been 52 pro-Hamas videos for every pro-Israel video.

Speaker 70 And I recognize that young people have a healthy distrust of people my age and are maybe more progressive and have a lot of warranted empathy for the people in Gaza. But 52 to 1,

Speaker 70 we spend hundreds of millions of dollars on PSYOPS to support our message

Speaker 70 overseas with what you would call Radio Europe or

Speaker 70 Air America, whatever it might be. That's propaganda.

Speaker 70 TikTok now has greater dominance in terms of time.

Speaker 70 The average 14-year-old male in America spends 17 hours a week on TikTok, meaning that if you include sleep, they're spending a full day a week on TikTok.

Speaker 70 They have a greater command of attention among people under the age of 25 than CBS, NBC, and ABC had in the 60s. Would we have been down in the 60s with the Kremlin owning those three networks?

Speaker 70 And the argument I would make, governor, is they would be stupid not to be doing this. They can't beat us militarily.
They can't beat us kinetically. They can't beat us economically.
I know.

Speaker 70 Let's get them to hate each other. And I think that's what we're doing.
So, we're raising a generation of civic, nonprofit, and nonprofit and military leaders that just don't like each other.

Speaker 70 They don't like America.

Speaker 70 Half the people our age, Governor, feel good about America. It's one in 10 young people.

Speaker 70 So,

Speaker 70 we weren't comfortable with having missiles pointed at us 60 miles off our shore in Cuba.

Speaker 70 I don't understand why we would have a neural jack implant into all of our youth wet matter controlled by the CCP that has a strategic imperative in diminishing our power.

Speaker 70 I think it's insane that we would allow TikTok into the United States.

Speaker 69 And as a point you make often is name how many American tech companies are operating in mainland China.

Speaker 70 Well, just to talk about tariffs, tariffs can be used. Tariffs do play a role, and that is you can protect nascent industries.

Speaker 70 South Korea has done a good job thoughtfully protecting some industries there.

Speaker 70 If we feel we need a certain level of domestic steel production in case we have a war and need to build tanks, maybe it makes some sense to have tariffs there.

Speaker 70 When you have leverage, we had leverage in the truck market. We impose a 25% tariff on Japan.
They impose 0%. So they can be used strategically and thoughtfully.

Speaker 70 And one type of tariff to restore trade asymmetry is to say, if you're not going to allow a single American media company into mainland China, it would make sense we're not going to allow any of yours.

Speaker 70 But we do for some reason, because again, General Atlantic Partners, Sequoia Capital, there are a lot of American investors that are investors in TikTok but I just think this is I think Americans core competence or one of our key attributes is our optimism but the Achilles heel of that is I think we're a little bit naive and it bothered me that the Biden administration no one was allowed to be on TikTok for security reasons because I don't think they realize what's going on here and you don't

Speaker 70 I mean,

Speaker 70 I apologize for being a little bit all over the place, but have you seen the program Adolescence, Governor?

Speaker 69 I didn't have the guts. I started.
Kid you not, as a parent, I couldn't do it. I couldn't do it.
My wife watched it. She said,

Speaker 69 I'm glad you missed it. Even though she says you're going to watch it with me, it has to be seen.
Apparently, it was

Speaker 69 powerful beyond words.

Speaker 70 Yeah, it's funny you say that. I found I did watch it because

Speaker 70 I think a lot about these issues. I found I had to have a drink before I watched it.
It was so rattling.

Speaker 70 And the question it... augers is who's raising our kids? Yeah.
And are you raising your kids or is the internet raising your kids? And if the internet's raising your kids, who is raising them?

Speaker 70 And I'm just not down with a CCP-controlled algorithm raising American children.

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Speaker 9 With a modular design and changeable slip covers, you can customize your sofa to fit any space and style.

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Speaker 45 It's a 4v4 matchup featuring Call of Duty, Tetris, Track Mania, Tony Hawk Pro Skater 3 Plus 4, and Tekken 8.

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Speaker 50 Head over to globalgamingleague.com.

Speaker 52 Com, com.

Speaker 21 No, it's not too soon to start holiday shopping.

Speaker 24 Ulta Beauty's early Black Friday event is happening now through November 22nd.

Speaker 26 Shop $10 beauty minis from brands like Mac and Too Faced.

Speaker 28 Take 30% off Lancome and Touchland fragrances and body mists.

Speaker 30 With new offers dropping every week, our associates can help you find the perfect gifts.

Speaker 33 Head into Ulta Beauty today to shop our early Black Friday event, Ulta Beauty.

Speaker 37 Gifting happens here.

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Speaker 54 Like a gift run that turns into a disco snow globe, throw pillows, and PJs for the whole family, dog included.

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Speaker 69 Let me ask you this. I mean, in terms of just, and we'll get to America's children.

Speaker 69 And I think it's interesting just so much of your work is not just about headlines, but it's about these trend lines. And you, of course, did that wonderful book, Adrift, that did it in charts.

Speaker 69 And you've been talking about these broader issues and goes back to my opening a little bit as it relates to inequality and generational theft, as you've referred to it, the issues of housing costs.

Speaker 69 But you have sort of a plan, a flag in history here in California. You grew up in Los Angeles, and not only are you a proud graduate of UCLA, we're a proud beneficiary of your largesse.

Speaker 69 And as someone that's on the UC Regions, thank you. If you haven't been formally thanked for your incredible personal contributions to UCLA and to UC Berkeley, you've paid forward.

Speaker 69 You've paid back 20 times X.

Speaker 69 But talk to me a little bit about these trend lines you've seen exacerbated perhaps by these algorithms that have really led to the headlines and the anxiety that we're all experiencing today.

Speaker 70 Well, thanks for that. That means a lot coming from you.
Look, I was an unremarkable kid. And I'm not son of Hummel Bruck.
I was remarkably unremarkable.

Speaker 70 I was raised by a single immigrant mother who lived and died a secretary. Our household income was never over $38,000.
I applied to UCLA when the acceptance rate was 76%,

Speaker 70 and I was one of the 24% that didn't get in.

Speaker 70 And I was installing shelving, and the highlight of my day is I'd get ridiculously fucking high with my coworkers and then take to the highways of Ontario, California.

Speaker 70 And I came home and I just broke down with my mom. And I said, is this my life?

Speaker 70 And there's nothing wrong with vocational work, but I'd really hoped to go to college. And we found out there was an appeal process, and I appealed, and I remember it changed my life.

Speaker 70 The guy, the admissions director called or the guy in admission office called and said, you're not qualified, but you're a native son of California and we're going to give you a shot.

Speaker 70 And I rewarded UCLA

Speaker 70 with a 2.27 GPA undergraduate. I did nothing but learn how to make bonds out of household items and watch Planet of the Apes.
And what did Berkeley do? one of the top 10 business schools in the world?

Speaker 70 They led me into graduate school with a 2.27 GPA.

Speaker 70 And I got my shit together. My mom got sick.
I just grew up, like I think I started becoming a man. And it started an upward spiral of prosperity.
And I've been able to give back.

Speaker 70 And the lesson here is that no one can predict greatness at the age of 18 in anybody, no institution.

Speaker 70 And it's higher education, is my industry about identifying rich kids or the frequently remarkable and turning them into billionaires? Or is it about giving the bottom 90 a shot? at being in the top.

Speaker 70 And we used to love Americans. And I look back on the things that

Speaker 70 gave me just this unbelievable American experience, and some of them don't exist today.

Speaker 70 UCLA's admissions rate has gone from 76% to 9%.

Speaker 70 They couldn't have let me in. They didn't have the bandwidth.
It was not, I spent $7,000 over seven years, undergrad and grad. It's obviously, that's total tuition.
It's obviously a lot more.

Speaker 70 You know, I talk about this very openly. There were also things today that I think I would have succumbed to that would have gotten in the way of my prosperity.

Speaker 70 My mom, when she was 47, when I was a senior in high school, became pregnant and had access to family planning.

Speaker 70 Had we lived in a southern state, given our income and our lack of sophistication, I would have dropped out of school to help my mom and I wouldn't have been able to go to college.

Speaker 70 Quite frankly, young men are being targeted by the deepest pocketed, most talented organizations in the world, specifically big tech.

Speaker 70 Want to give them the sense that they can have a reasonable facsimile of life on a screen with an algorithm. Why go out and try and make friends when you have Reddit in Discord?

Speaker 70 Why go through the pain of putting on a tie, showing up on time, not partying during the week, and get a real job when you can trade stocks or crypto on Coinbase or Robinhood, which usually leads to disaster?

Speaker 70 Why go through the humiliation?

Speaker 70 The effort, the rejection, showering for God's sakes, working out, having a plan, showing resilience, approaching a stranger and expressing romantic interest when you have porn.

Speaker 70 The scariest stat I've seen is that 51% of American men age 18 to 24 have never asked a woman out in person.

Speaker 70 So I think the America today.

Speaker 69 Scott, by the way, just because I can't help it, I got two young women behind the camera literally both shook their head when you said that.

Speaker 69 Oh, really? Forgive me. I mean, they literally, and now they're laughing, but nervously.
I mean,

Speaker 69 that was very powerful stat you just gave, and it was powerful their response.

Speaker 70 Well, look, I think a lot about masculinity in America. And the reality is, back in the 80s,

Speaker 70 you know, America loved unremarkable people.

Speaker 70 And

Speaker 70 it feels as if America has fallen out of love with the unremarkable, that the objective of higher ed in America is to try and identify identify a super class and turn them into billionaires instead of giving the bottom 99 a chance to be millionaires and to find someone, fall in love, have kids, you know,

Speaker 70 all the profound shit, right?

Speaker 70 And I worry that young men who are especially susceptible to these algorithms are kind of losing, they've lost a lot of on-ramps into the middle class.

Speaker 70 And we aren't producing enough economically and emotionally viable men. And who wants more economically and emotionally viable men? Women.

Speaker 70 60% of 30-year-olds used to have a kid in the household. Now it's 27%.

Speaker 70 I coach a lot of young men. And I think between these algorithms, the lack of jobs, quite frankly, they're just not, their prefrontal cortex isn't developing.
They're less mature.

Speaker 70 70% of high school valedictorians are girls. Women own more homes, single women, than men now.
In urban centers under the age of 30, women are making more money.

Speaker 70 And by the way, that is a collective victory. They deserve it.
They're working harder. They're studying harder.
They got their shit together. They deserve more money.
The problem is,

Speaker 70 is that without women, to have an honest conversation around household formation and mating, we have to have an honest conversation.

Speaker 70 And that is women tend to mate socioeconomically horizontally and up, men horizontally and down.

Speaker 70 And so when the pool, the viable pool of male mates that's horizontal and up keeps shrinking, there's a lack of household formation.

Speaker 70 And what's interesting is that women without a relationship oftentimes pour that additional energy into their friend network and into work.

Speaker 70 When men under the age of 30 don't have a relationship, they oftentimes pour that energy into video games, porn and sequestering from society, conspiracy theory.

Speaker 70 They start blaming women for their problems. They become much more prone to misogynistic content.
They start blaming immigrants for their lack of economic viability. They become very nationalist.

Speaker 70 And some, they turn into really shitty citizens.

Speaker 70 And if a man doesn't have a relationship by the time, if he's never cohabitated or been married by the time he's 30, there's a one in three chance he's going to be a substance abuser.

Speaker 70 And some, women used to need relationships for financial support, they no longer need it. Men have always needed relationships for emotional support.

Speaker 70 And without that emotional support, they kind of come off the tracks. And I'm not suggesting in any way women lower their standards.
What I'm suggesting is men need to level up.

Speaker 70 And we also need to recognize that unless we give more money to young people who are 24% less wealthier than they were 40 years ago, and old people are 72% wealthier, unless we level up all young people and create more opportunities for people to meet, to fall in love, and to do what I think is the most profoundly rewarding thing, and that is raise children with someone you care about and have a reasonable chance of having a home and not having...

Speaker 70 being one of the 40% of households that have medical or dental debt, then what is all of this for?

Speaker 70 There's been more shareholder value created in a 10-mile radius of SFO International Airport in the last three years than it's created in Europe in the last 30 years, but we can't afford to give people a middle-class lifestyle.

Speaker 70 And I think all of these things are conscious choices we've made. But going back to this notion, you know, I had the opportunity

Speaker 70 to meet people. I had the opportunity to get jobs.
I had the opportunity to get a cheap education. I had the opportunity.

Speaker 70 When I bought that house in San Francisco, when I graduated from Berkeley, it was $100,000. average comp, average house in San Francisco cost $280,000.

Speaker 70 Now the comp out of Haas is $200,000, great money, but the average house costs $2.1 million. So it's gone from 2.8 to 10 times.
Minimum wage is stuck at $725,000. The NASDAQ has gone up sevenfold.

Speaker 70 Minimum wage has gone up 0%.

Speaker 70 Every year we transfer $1.20 from people under the age of 65 to the wealthiest generation in the history of the planet to Social Security recipients.

Speaker 70 And I'm not suggesting we do away with Social Security, but Governor, neither you nor me should ever get Social Security.

Speaker 70 So I feel as if we've consciously transferred money from the young to the old, made it more competitive. Women are thriving, that's outstanding, but young men are struggling.

Speaker 70 And I think we're finally having a productive dialogue because the people who are finally, not finally, the people who are most supportive of my work now, it's changed totally, are mothers.

Speaker 70 And what they realize is that the nation and women aren't going to continue to flourish as long as men are flailing. And our young men are failing, Governor.

Speaker 70 Four times as likely to kill themselves, three times as likely to be addicted, 12 times as likely to be incarcerated. Do we have an opioid crisis? Do we have a homeless crisis? Yes.

Speaker 70 But we really have a male opiate and homeless crisis. And if any other special interest group was killing themselves at four times the rate as the control group, we would weigh in with programs.

Speaker 70 But instead, because of our generation where so much was prosperity was crammed into a small number of people, specifically white heterosexual males, we want to punish the 19-year-old male for our blessings.

Speaker 70 And understandably, there's a gag reflex because we've had a 3,000-year head start.

Speaker 70 But the 19-year-old man whose mom's addicted to opiates, whose father's incarcerated, who has no on-ramps into a middle class.

Speaker 70 I mean, do you really want them to pay the price for the benefit and the privilege that the two of us have received? There's a lack of empathy. And this is not a zero-sum game.

Speaker 70 Civil rights didn't hurt white people. Gay marriage didn't hurt heteronormative marriage.
If we level up our young people, it's not going to take away from the incredible progress women have made.

Speaker 69 Scott, when did you start to really see this

Speaker 69 trend? When did you start? I mean, your work on this, you're doing a new book on notes on being a man and obviously talking a lot about it.

Speaker 69 I'm personally been very attached to this issue. My wife has done a number of documentaries, one on the myths and underrepresentation of women and girls.
Ten years ago, right?

Speaker 69 Yeah, 10 years, but then immediately did one called The Mask You Live and about masculinity. And this was pre-Trump.
And she really, to your point, she came at it

Speaker 69 as a parent

Speaker 69 and the challenges and the difference between we have two boys and two girls. And so

Speaker 69 I've long. appreciated this topic.
It's a difficult one politically, and I want to get to that in a minute. And I think you have started to unpack some of that.

Speaker 69 But when did you personally really start to see this and realize we need to talk about it more?

Speaker 70 You know, it wasn't any specific moment or epiphany. It was, I love data and the data here was just overwhelming when you just saw what was happening to college attendance.

Speaker 70 It used to be 40, 60, now it's 60, 40. It's probably going to be two to one

Speaker 70 female to male college grads in the next five years because men drop out. So there's literally going to be two college

Speaker 69 male college grads. I literally had a CSU conversation along those lines, literally two to one.

Speaker 70 Yeah.

Speaker 70 And then you look at just some of the dynamics around

Speaker 70 one out of three men under the age of 30 is in a relationship. Two out of three women under the age of 30 is in a relationship.
And you think, well, that's mathematically impossible.

Speaker 70 It's not because women are dating older because they want more economically and emotionally viable men.

Speaker 70 One in three men under the age of 30, under the age of 25 is living with their parents. One in five at the age of 30 is living with their parents.
So

Speaker 70 you just see the data so overwhelming. And just on a personal note, Governor, I just relate to these young men.

Speaker 70 I think to myself, had it not been for the generosity of California taxpayers and the Regents and the University of California and the irrational passion for my well-being and my mother and the fact that a tax policy and economic policy gave me just this upward spiral.

Speaker 70 You know, there for the grace of God go I. I relate to these young men.
I don't think that, you know, as you, when you're younger,

Speaker 70 you

Speaker 70 you credit your grit and your character for your success.

Speaker 70 My origin story up until the age of 40 was check out my shit. I was raised by a single immigrant mother.
Now I'm a baller. And, you know,

Speaker 70 just smell me. And then as you get older, you realize a lot of your success isn't your fault.

Speaker 70 If had I not been born in California, a white heterosexual male in my, you know, in the 60s, I just don't think I'd be here. And by the way, I'm not humble.
I think I'm a fucking monster.

Speaker 70 I think I'm in the top 1%, but the top 1%

Speaker 70 on this planet puts you in a room of 75 million people. My life is better than the top seven and a half, at least.

Speaker 70 And that's because the smartest thing I ever did was to be born in America, specifically in California.

Speaker 70 And I realized that a lot of those features that really lifted me up by the scruff of my neck and flung me forward at the speed of sound into prosperity. That hand is getting weaker and weaker.

Speaker 70 So, one, the data is overwhelming. And two, I just really relate to these young men.
I was there. I didn't have a lot of economic or romantic prospects.

Speaker 70 And things worked out for me because our nation decided that it loved the unremarkable. And I just, I worry that's no longer the case.

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Speaker 69 You've highlighted, you know, I think 4x the housing costs, 2x the educational costs, paychecks now declining and exacerbating these conditions and this sort of generational shift that you highlighted as it relates to seniors doing better and this generation, younger generation, doing worse for the first time in American history than their parents' generation.

Speaker 69 Do you connect any of the dots on our conversation around tariffs? Do you connect any dots as it relates to deindustrialization?

Speaker 69 Do you connect any dots to any substantive policy decisions that were made in the United States of America? Or was it just a broader neglect and focus on what made America great?

Speaker 69 Was it a lack of intentionality in subsidizing higher education?

Speaker 69 Was it a lack of focus on YIMBYism versus NIMBYism as it relates to housing and the imperative there?

Speaker 69 Was there something that you really connect as a MoMA?

Speaker 69 Was it in the simple terms that often are painted in politics, Reaganomics and trickle-down economics, and a broader sort of decoupling of commitment to the social well-being?

Speaker 70 So a lot there, but a couple of things that it isn't, a couple of reasons that didn't inspire this decline in the prosperity of young people of the American male.

Speaker 70 The first is that manufacturing has gone away, and that's the problem. As manufacturing has gone away in the 70s, we've had more overall prosperity.

Speaker 70 Americans aren't looking, you know, as Dave Chappelle said, we want to wear Nikes, not make them.

Speaker 70 The notion that we're going to have the biggest own goal in history so we can bring more manufacturing and microwaves back is just stupid.

Speaker 70 The average assembly line worker for Foxconn working for Apple makes $500 a month or $6,000 a year in China. The average executive at Apple headquarters makes over $200,000 a year.

Speaker 70 We have purposely traded off manufacturing for higher growth technology, systems, services, jobs.

Speaker 69 So you'd make the case that's not it then? I mean, that's not

Speaker 69 fundamentally.

Speaker 70 We're still the second largest manufacturer in the world. We've just outsourced the

Speaker 70 shitty manufacturing work. Have we left some people behind unfairly? Sure.
80% of Americans want more manufacturing. Only one in five want actually work in manufacturing.

Speaker 70 You can't take your dog to the shop floor, to the plant at Lansing, Michigan.

Speaker 70 Everyone loves the idea of manufacturing.

Speaker 70 People want to design software. They want to be in the services industry.
They want to be an associate of J.P. Morgan and

Speaker 70 not tooling or making batteries somewhere. The ascent of women has been wonderful.
It has not come at the cross. It has not come at the cost of men.

Speaker 70 I think there's a variety of things that are going on here. One, just biological.
Men mature less fast. And when we even the playing field in academia, women blew by men.

Speaker 70 I would argue that the educational system is now biased against men.

Speaker 70 A boy is twice as likely to be suspended on a behavioral adjusted basis, exact same infraction. A black boy, five times as likely.
Look at the behaviors that we promote in school.

Speaker 70 Sit still, be organized, be a pleaser, raise your hand. You're basically describing a girl.
You have wood shop, metal shop, and auto shop have gone away.

Speaker 70 So the online kind of on-ramps to a vocational job are not as clear. We all knew that guy in high school.

Speaker 70 There was no way he was going to college, but he was fixing up his trans am in his driveway, and he could go to work making 30 or 40 bucks an hour as a mechanic.

Speaker 70 Now, that path, that vocational path, those jobs are there, but sociologically, we sort of shame those jobs and we tell parents you failed if your kid is one of the two-thirds of kids that

Speaker 70 doesn't get into college. We've seen,

Speaker 70 you know, I would call a lot of mixed messaging to young men that pull up yourself, you know, pull yourself up by your boots if you're only more in touch with your feelings.

Speaker 70 I think that modern masculinity from the right is be coarse and cruel, and from the left, it's be more like a woman. I don't think either of those is right.

Speaker 70 I still think there's opportunity for men to embrace masculinity,

Speaker 70 you know, being strong, being physically strong, being risk aggressive, initiating romantic contact, being aggressive around trying to get a job you're not qualified for,

Speaker 70 taking risks. I think these are wonderful at being kind, being a protector.
Your default system is a protector. So I think young men have gotten

Speaker 70 a lot of mixed messages. More than anything, we have made the conscious decision to transfer money from young to old.

Speaker 70 Old people have figured out a way to vote themselves more money and they continue to do it. The $40 billion child tax credit gets stripped stripped out of the infrastructure bill.

Speaker 70 The $130 billion increase in cost of living adjustment for seniors flies right through Congress because old people vote. And

Speaker 70 it's just insane to me that we have the largest economic transfer in history annually happen every

Speaker 70 being redundant in 12 months from young to old. There used to be 12 people supporting every retired worker.
Now there's three. We haven't raised the age.

Speaker 70 All this nonsense around doge, you know, they save $2.5 billion. You could six-sex a doge by cutting off all subsidies to Tesla.

Speaker 70 If you really want to be an adult here about the fact that we're spending $7 trillion on $5 trillion in revenues, there's only two things you can do. You're going to have to go after entitlements

Speaker 70 or you're going to have to raise taxes. And the answer is yes.
At some point, we're going to need an adult that says, I'm sorry, folks, we have to do both.

Speaker 70 I'm the person that's going to cut your entitlements or at least means test it and age gate it. And I'm going to have to raise your taxes.

Speaker 70 And what we've decided is the people who vote and the wealthiest people, taxes for corporations are at their lowest level since 1929. The 25 wealthiest Americans are paying 6% of taxes.

Speaker 70 And we like to think that, oh, we can't lower taxes. They're too high.
There's a strange dynamic in the U.S., whereas the people who get most screwed by our tax code are not only young people,

Speaker 70 but let's just stop there. Two biggest tax deductions, mortgage interest rate and capital gains.
Who owns stocks and homes? People our age. Who rents and makes some money from salary? Young people.

Speaker 70 Social Security tax. My analyst who works for me makes $160,000, pays nine grand to yearn Social Security tax.
I make substantially more than that.

Speaker 70 And I pay nine grand because we've decided to cap it such that it's a regressive tax. So we keep transferring more and more money to the old.
And what do you know? Young people aren't

Speaker 70 economically viable, which is more important for a man. Three quarters of women say economic viability is important in a maid.
Only one in four men say that it's important. important.

Speaker 70 So we essentially have just

Speaker 70 the most depressed, obese, and anxious generation in history. And we ask ourselves why? Well, of course they're upset.
They're not doing as well as their parents. They can't find a mate.

Speaker 70 There aren't as many venues to meet. They meet online where they type in six feet or $100,000 plus.

Speaker 70 If you take out married, obese, and men under the age over the age of 50, that's 2% of the male population. Men need a place to demonstrate excellence.

Speaker 70 If you talk to couples that have been married longer than 30 years, 75% of them say one was much more interested in the other at the beginning.

Speaker 70 And it's almost always the male who was more interested than the woman, because the downside of sex is much greater for a woman than a man.

Speaker 70 We've been taught for thousands of years to spread our seed to the four corners of the earth.

Speaker 70 Women have been taught for thousands of years to put up a much finer filter to pick the strongest, smartest, and fastest seed. And some, they're just more selective.

Speaker 70 And I'm not suggesting they should ever lower their standards. But typically what happened in those relationships is the man had a chance to demonstrate excellence.

Speaker 70 I worked with him and I found out he was really good at what he did. We went to the same temple and I saw how kind he was to his parents.

Speaker 70 We spent time together and we worked at a food kitchen together and I saw that he was kind. I liked his hands.
I liked the way he danced. I liked the way he smelled.

Speaker 70 And slowly but surely, he raised his game in my mind And we fell in love and decided to have a life together.

Speaker 70 Where does a man, a young man, demonstrate excellence to get through that much finer filter that women have? They're not going to work. They're not going to school.

Speaker 70 The number of bars, I'm living in London, the number of bars in London has declined 40%. Kids don't have the money, and they have this anti-alcohol movement.
And just so I can.

Speaker 70 Really act like I'm crazy, I think young people need to drink more. I think this anti-alcohol movement is the worst thing since remote work for young people.

Speaker 70 I tell people jokingly, you need to go out, drink more, and make a series of bad decisions that might pay off because the risk to your 25-year-old liver of alcohol is dwarfed by the risks of social isolation.

Speaker 69 Well, as a guy who owns a few bars and wineries, I'm with you, Scott, on that.

Speaker 69 Yeah, no, but it's interesting. I love hearing.
I mean, by the way, you've made this point about bars. It's interesting.
You're sincere about it. You're not just being flippant about it.

Speaker 69 I mean, it's, I mean, people are, to your point, I mean, they're more isolated, more lonely, and more disconnects.

Speaker 69 One of you, I mean, we can get to solutions in a minute, but it's actually one of your foundational principles to address some of these issues. Not just bars, I mean,

Speaker 69 social settings that can bring people together.

Speaker 70 Sports leagues, church, nonprofits, national service, tax credits for places that bring people together, young people together. And I mean, and I'll ask you this.
Think of your closest friends.

Speaker 70 I mean, your buddies where you get together and you just pick up a letter M, no matter how long it's been since you've seen them. Think about your romantic relationships in your life.

Speaker 70 Did what percentage of them did alcohol play some role in in your formative years?

Speaker 69 Exactly. Enough said.

Speaker 70 Enough said. There you go.

Speaker 69 I mean, right? I mean, everybody listening. How many people listen to your point? That's 90, 90 plus percent of folks, right? I imagine.

Speaker 70 Well, and 6% of our youth are addicted to drugs and alcohol. 26% or 23% are addicted to social media.
Where's the real problem here?

Speaker 69 Yeah, well said.

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Speaker 24 Ulta Beauty's early Black Friday event is happening now through November 22nd.

Speaker 26 Shop $10 beauty minis from brands like Mac and Too Faced.

Speaker 28 Take 30% off Lancome and Touchland fragrances and body mists.

Speaker 30 With new offers dropping every week, our associates can help you find the perfect gifts.

Speaker 33 Head into Ulta Beauty today to shop our early Black Friday event, Ulta Beauty.

Speaker 37 Gifting happens here.

Speaker 53 Every holiday shopper's got a list, but Ross shoppers, you've got a mission.

Speaker 54 Like a gift run that turns into a disco snow globe, throw pillows, and PJs for the whole family, dog included.

Speaker 56 At Ross, holiday magic isn't about spending more, it's about giving more for less.

Speaker 20 Ross, work your magic.

Speaker 59 Want Black Friday prices without the crowds? Loes gets it.

Speaker 60 Shop their early Black Friday deals and beat the rush.

Speaker 64 $99 is all you need to grab a select seven-foot pre-lit artificial Christmas tree for the holidays.

Speaker 65 And don't sweat what gifts to get, dad.

Speaker 66 They have up to 40% off select tools and accessories going on now.

Speaker 67 That's how Lowe's celebrates Black Friday early.

Speaker 68 Selection varies by location while supplies last.

Speaker 69 You talked about minimum wage at $7.25.

Speaker 69 And you've talked about the fact that if you adjusted for productivity and inflation, be closer to what, $23, $24, $5.

Speaker 69 And that you've talked about the issues of vocation, community college, you brought up the woodshop frame and just how we, you know, those jobs exist,

Speaker 69 but we haven't persisted in providing the sort of reputational support for those skills and the actual education that we pulled away from our education system K through 12.

Speaker 69 What else should we be focused on in terms of substantively trying to address this besides now having an honest conversation about it?

Speaker 70 Well, first off, I think you and the governor of Washington have shown a lot of leadership around minimum wage, and that is what we found is that the myth that all these small businesses are going to go out of business is just a myth.

Speaker 70 That when you raise minimum wage, the wonderful thing about lower and middle-income households is that when you give them a buck, they spend it all, and it creates a greater multiplier effect.

Speaker 70 And we haven't seen a decline in businesses or economic growth or an increase in inflation when we raise minimum wage. So that's, in my opinion, that's a no-brainer.

Speaker 70 I like to think, I'm helping the Democratic Party with messaging. I like to think of a unifying theory of everything.

Speaker 70 And the unifying theory of everything for me is anyone under the age of 40 that's a good person and works hard should be able to find someone and should be able to raise kids in a household without living in poverty.

Speaker 70 And the first thing is $25 an hour minimum wage. I don't, I just don't, it would hurt Walmart's stock, it would hurt McDonald's stock, and it would be worth it.

Speaker 70 I think more men in K through 12 education, if you were to look reverse engineer to the single point of failure for when boys become come off the tracks, it's when they lose a a male role model.

Speaker 70 We have the most single parent homes of any nation in the world. And when we say single parent, we really mean mom is heading the household.
That's 92% of single-parent homes.

Speaker 70 And what it ends up is that girls in single-parent homes have the same outcome, same rates of high school attendance and self-harm.

Speaker 70 Boys become much more likely to engage in self-harm and not go to college. It ends up that while boys are physically stronger, they're mentally and emotionally much weaker.

Speaker 70 So we need more males involved in K through 12. And even just saying that boys need men in their lives used to trigger people.
And now mothers are recognizing that that's just not true.

Speaker 70 We need boys involved in men's lives.

Speaker 69 And Scott, you mean by that teachers, not just mentors,

Speaker 69 people that are advocates, counselors, or what, in what respect?

Speaker 70 Yes, all of the above. After-school programs, coaches, they usually don't get paid.

Speaker 70 More men, I think the Catholic Church and Michael Jackson have screwed it up for all of us. I think there's a lot of wonderful men out there that don't have families of their own.

Speaker 70 There are three times as women applying to be big sisters as men applying to be big brothers in America. Why? One, men aren't stepping up.
And two, I think they feel self-conscious.

Speaker 70 If you're a 35-year-old male, maybe doesn't have your own family or your own kids, and you want to be involved or help out a 15-year-old son of a single mother, don't people look at you like there's something wrong with you?

Speaker 70 There are a lot of wonderful men out there that have loved to get paternal and fraternal. And they're under the illusion that if they're not a baller

Speaker 70 or they don't have a degree in adolescent psychiatry, they shouldn't get involved in a boy's life. I think of the rings of masculinity.
You got to take care of yourself. You got to be strong.

Speaker 70 You got to be economic viability. You take care of your family.
You take care of your community.

Speaker 70 But I think the ultimate expression of masculinity is to get involved in the life of a child that isn't yours. And we need more men involved.

Speaker 70 When my mom got divorced, she made sure that a couple of her boyfriends she kept in my life.

Speaker 70 There was a neighbor that used to come over with his girlfriend to take me horseback riding i made really good friends with the stockbroker and i used to swing by his the brokerage dean witter reynolds in westwood after school i had a lot of wonderful men in my life so one men need to step up more big brothers programs more coaching i would like to see uh mandatory national service

Speaker 70 if you look at If you look at Israel, lowest levels of young adult depression in the West, despite all the existential threats, I was just in Israel and I met with a a battalion of 110 from the IDF, all these beautiful young men and women, fit outdoors, learning how to handle assault rifles, getting to the point where they're so skilled that the man or the woman next to you would literally depend, you know,

Speaker 70 trust you with their lives, and serving in the agency of something bigger than themselves. And that's where they meet friends.
That's where they meet mentors, co-founders, and mates.

Speaker 70 I'd like to see national.

Speaker 70 mandatory national service where people can meet others from different sexual orientations, different income classes, different ethnicities.

Speaker 70 So we start start to see each other as Americans before we see each other as trans or Republican or rich or poor.

Speaker 70 I think any college that's not growing its freshman class faster than population growth should and has an endowment over a billion dollars should lose its tax-free status.

Speaker 70 Dartmouth has $8 billion endowment, 500 students. It's not a college.
It's a hedge fund with classes. It's just insane.

Speaker 70 If you had a drug that made people less obese, four times more likely to get married,

Speaker 70 likely to run for office, much less likely to get divorced, much less likely to have diabetes, would you hoard that drug? That's what me and my colleagues are doing at elite higher institutions.

Speaker 70 We purposely sequester artificially constrained supply. We could let in 5x the number of kids we do now, but we're all drunk on exclusivity.

Speaker 70 When my dean announces we've rejected 85% of our applicants, you know what me and my colleagues do?

Speaker 69 We stand up and we applaud.

Speaker 69 It's awful.

Speaker 70 And I really appreciate the University of California and what the Cal State system is doing, trying to increase its population by

Speaker 70 the amount of one class. But unfortunately, a lot of elite institutions

Speaker 70 have not received the memo. I just toured, I did a college tour with my son.
University of Chicago, 4% admissions rate. Duke, 4% admissions rate.

Speaker 69 And you were, by the way, literal when, and just for listeners, when you said 9% at UCLA, it's 9%.

Speaker 69 At UCLA, 11% at Berkeley. It is interesting, Scott,

Speaker 69 over the entire system,

Speaker 69 it's now 70%, just broke 70%.

Speaker 69 But at those specific campuses, because of UC Merced and other UCs, we're making progress, but it's not good enough. And your point, it's even worse if you look at degrees.

Speaker 69 If you're trying to get a computer science degree or something, you're talking one, two, 3% of people getting in. And you're right.

Speaker 69 You hear it all the time, faculty and others. It's not a knock at faculty, but people start to applaud.
I've been in those meetings, just as you described, and it's gross.

Speaker 70 And California gets it. I'm not a billionaire, but I've given a lot of money to UCLA and Berkeley because California gets it.
The Cal State system is probably the unsung hero.

Speaker 69 Right. Biggest Pell Grant recipient in the world, in the United States, biggest conveyor belt of talent, the country.

Speaker 70 Pell Grants saved my ass, Governor.

Speaker 70 I'm the recipient of affirmative action because I came from a household that was in the lower third economically. I got unfair advantage and I got Pell Grants.

Speaker 70 And I couldn't have gone to college without them and it's worked out for everybody. And also, so I do think there's schools that get it.

Speaker 70 I think what ASU is doing with Michael Crowe, I do think there are schools that get UW Madison.

Speaker 70 I just took my kid to the University of Wisconsin-Madison, 50,000 good kids from Minneapolis and Wisconsin, University of North Carolina. doing their job trying to expand this.

Speaker 70 So some people get the memo. The majority of elite institutions now see themselves as their mez bags, not as public servants.

Speaker 70 In terms of solutions, we just need to put more money in the pockets of young people. I like what Portugal did with a tax holiday.

Speaker 70 If you gave every person under the age of 40 who makes less than $100,000 a tax holiday, it wouldn't cost us that much because the reality is they don't make that much money.

Speaker 70 I think all capital gains should be like the Reagan administration.

Speaker 70 There shouldn't be long-term or short-term. Why is sweat less noble than the money my money makes? Why is rent? less noble than the money you pay for a mortgage.

Speaker 70 That's nothing but an elegant transfer of money from the young to the old. And then you want to talk about the greatest intergenerational theft in history, COVID.

Speaker 70 We took $7 trillion. A million people dying would be bad, but if I got less wealthy, it'd be tragic.
So we took $7 trillion, flushed it into the economy. 85% of it wasn't spent.

Speaker 70 It wasn't spent on food or medicine or housing. 85% of it wasn't spent.
So where did it go? It went into the markets. And housing went from 290,000 average household to 410 in just four years.

Speaker 70 The stock market went crazy. So I got richer and richer.
And young people, the entrants, everything got more expensive.

Speaker 70 When you bail out the baby boomer owner of a restaurant, all you're doing is transferring opportunity away from the recent graduate of a culinary academy at 26 who wants her shot.

Speaker 70 The reason I get to live the life I lead economically is in 2008, we bailed out the banks, but we let the markets fall. The markets are cyclical.

Speaker 70 And disruption transfers power and money back from incumbents to entrants. And what did I get to do? I got to buy Netflix, Apple, and Amazon at $8, $10, and $12 a share.
And Netflix is at $9.40.

Speaker 70 Where does a young person find value now? Because we've decided to use their credit card to bail us out when shit gets real.

Speaker 70 I'm in the club doing rails of cocaine and champagne, and the closest a young person gets is they get to throw me their credit card so I can spend, or the government can spend $7 trillion a year on $5 trillion in receipts such that young people are going to have to pay this shit back.

Speaker 70 It's criminal such that the stock market stays high, such that you and I stay wealthy. So I think almost every major economic policy can be reverse engineered to one thing.

Speaker 70 How do we maintain the incumbent's wealth at the cost of potential entrants?

Speaker 69 If I can just briefly enter the world of partisan politics, you know, it's interesting these these trend lines have obviously accrued to the Trump candidacy. I mean, you saw it with the numbers.

Speaker 69 I think, you know, and forgive me if I'm off a little bit, but I think in the first Trump election, he won 41% of young voters, 56% of young voters in this last election.

Speaker 69 Obviously, so much focus on his outreach and in terms of focusing on the quote-unquote manosphere, focusing on sports, more of a hyper-masculine frame of outreach and engagement.

Speaker 69 Don't get me started or don't even get you started, though I would love to actually get you started. But with the DNC's lack of engagement to young men,

Speaker 69 non-existent, doesn't exist in the Democratic Party, hasn't in the past. But give me a sense of your over-under.

Speaker 69 Was that very intentional on his part? Was he just the

Speaker 69 beneficiary of that because of the neglect of the Democratic Party and he sort of stumbled into it?

Speaker 69 What do you make of the difference between the two parties in terms of trying to approach some of these issues in a sincere and honest way?

Speaker 70 The three biggest home goals in American history were our entry into Iraq, or in recent history, these ridiculous tariffs that is the most elegant way to reduce prosperity in history,

Speaker 70 and the Democratic Committee losing to an insurrectionist. And this is how we managed to steal to snatch defeat from the jaws of victory.

Speaker 70 This was supposed to be a referendum on women's rights, understandably. It wasn't.
Women's rights did not show up. What showed up was testosterone.
Specifically,

Speaker 70 young men are really struggling. And if you look at the three groups that pivoted hardest from blue to red, 2020 to 2024, it was one Latinos, who I believe don't want to be identified as a group.

Speaker 70 The Mexican Americans in Southern California have much different priorities than Cuban Americans in Southern Florida. And even identifying them as a group, I think, pisses them off, too.

Speaker 70 People under the age of 40, per your comments, they're just not doing well. And when you're not doing as well as your parents, you feel rage and all you want is disruption.

Speaker 70 You don't even want change. You want the candidate who is kind of chaotic because you're like, whatever's going on here is not working for me.

Speaker 70 And then the third and most interesting group that pivoted hardest from

Speaker 70 blue to red was 45 to 64 year old women. And my thesis is that's their mothers.
And there's still a lot of women in the U.S.

Speaker 70 who will vote for what they perceive is best for their husbands or their sons.

Speaker 70 And when you're a mother and your son is in the basement playing video games and vaping, you don't give a shit about territorial sovereignty in Ukraine or women's rights or transgender rights.

Speaker 70 You just want change. And the Trump campaign, to their credit, was brilliant.
They flew right into the manosphere. Rockets, crypto, Joe Rogan.

Speaker 70 He went on Joe Rogan. Do you realize with 40 million audio downloads?

Speaker 70 Excuse me, 40 million YouTube videos and 15 million audio downloads, for vice president to get the same level of exposure, Vice President Harris, she would have had to go on

Speaker 70 CNBC, MSNBC, Fox, and CNN every night for three hours for two weeks. They totally outplayed us governor.

Speaker 70 And then talk about young men not going to the Republican Party, but moving away from the Democratic Party.

Speaker 70 I, like you, was at the convention, and what I saw was a three-day parade of special interest groups representing everybody. But the one group that has fallen furthest fastest, and that is young men.

Speaker 70 If you go to the DNC.org website, it has a site that says who we serve explicitly.

Speaker 70 It says who we serve and it goes on to list 16 demographic groups ranging from Asian Pacific Islanders to black Americans, the disabled veterans. I added it up.
It's 74% of the U.S. population.

Speaker 70 When you say you're explicitly advocating for 74% of the U.S. population, you're not advocating for them.
You're discriminating against the 26%.

Speaker 70 And young men men went viciously towards Trump. So did the women in their lives supporting them.
And that was enough to swing groups who had traditionally been Democratic to Trump. And

Speaker 70 this was a huge own goal.

Speaker 70 An honest question is, how did we let this happen? Quite frankly, we ignored the group that has fallen furthest fastest.

Speaker 70 This was the testosterone election, and Trump figured that out and went and flew right into it.

Speaker 69 Look, if Democratic Party's not listening, they sure as hell better listen or they're just going to repeat history.

Speaker 69 I appreciate, Scott,

Speaker 69 you're reinforcing this. And, you know, we, you know, we're

Speaker 69 short on time. And I guess it begs the final question.
You know, what is the hesitancy to the party?

Speaker 69 Is it just that, you know, and I think you've heard the old phrase, pale male, you know, we've had all the privileges.

Speaker 69 You mentioned 3,000 years of sort of male dominance, the Me Too movement, this notion that we still have gender disparity, we still have all these issues.

Speaker 69 Is it just our unwillingness as a party, the Democratic Party,

Speaker 69 to just own up to this fact? Or is it, do they, we feel it's just, we're talking only about white males.

Speaker 69 What is it that you think has restricted the capacity for the Democratic Party to fully embrace and understand this gap in terms of their electoral thinking, let alone the policy substance behind it?

Speaker 70 I think we became too obsessed with achieving social status versus doing things that actually helped people grow their material or their psychological well-being.

Speaker 70 And I think identity politics has worked for a long time. I think it was just smart to cater to the specific needs and the easiest way to identify people was through their identity.
And I think...

Speaker 70 And by the way, I'm really hopeful for the Democratic Party. I think this tariff nonsense is just an unbelievable opportunity for us to go.

Speaker 70 These people are insane and they're reducing your prosperity. I think this is a gift to us.

Speaker 70 And the reason I have been and will be for the rest of my life a Democrat is that Democrats, we get it wrong, but our heart's in the right place. We're trying to do the right thing.

Speaker 70 Sometimes we carry it too far, we do.

Speaker 70 And what I would argue is using what needs to happen at universities as a metaphor for what needs to happen in the Democratic. You know what, I'll use the University of California.

Speaker 70 In 1997, the University of California did away with race-based affirmative action, and they shifted to an adversity score.

Speaker 70 Because what they realized is the daughter of a Taiwanese private equity billionaire is not diversity.

Speaker 70 But if you're a trans kid, a white kid who's trans, who's faced incredible uphill battle, you deserve a second look, a second shot.

Speaker 70 And I think the Democratic Party needs to move away from identity politics and focus really on one thing, and that is the unifying theory of everything should be that if you're young and you're a good kid, You should be able to have a job that pays a certain wage.

Speaker 70 You should be able to find someone to fall in love with, and you should be able to have a home and kids.

Speaker 70 We need 7 million homes in 10 years, manufactured homes that cost 30 to 50 percent less than homes built on site. We need a minimum wage of 25 bucks an hour.

Speaker 70 We need a tax holiday for people under the age of 40. We need national service and more third places where people can fall in love.
And stop this identity politics.

Speaker 70 We are here to give everyone a shot. Everyone.
And affirmative action in America should thrive, but it should be based on color, and that color is green.

Speaker 70 We need, in America, this is a collective victory. You'd rather be born gay or non-white than poor today.
So let's go after, let's help the people.

Speaker 70 Let's use the full faith and resources of the greatest experiment in history, the best performing organization in history, the U.S.

Speaker 70 government that's offered more rights and prosperity for a lower cost taxes than any organization in history.

Speaker 70 Let's pull the full weight, let's put the full weight of that incredible organization around the people who need it most in the U.S., and that is the poor.

Speaker 70 Let's stop this nonsense where the rich are protected by the law but not bound by it and the poor are bound by the law but not protected by it. The Constitution is here to protect the lower 50.

Speaker 70 This nonsense of rounding people up and sending them to hellscapes, guess what? No one you or I know is risked.

Speaker 70 I could be in deepest reddest Mississippi. I have access to mesophestrone because I have money.
That is not why the government is here. The government isn't here to make you or me richer.

Speaker 70 The government is to help the lower half. And I think that's where the Democratic Party needs to go and get away from identity politics because it's creating more problems than it's solving.

Speaker 69 Scott, it's been wonderful to spend time with you. Thank you for your insight.
Thank you for your recommendations. And thank you for always being so candid and forthright.

Speaker 70 Thank you, Governor, and thank you to the taxpayers of California. Literally changed my life.

Speaker 69 I love it.

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