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  • NEIL: ALREADY COME A CROWDED

  • FIELD THE NUMBER OF DEMOCRATS

  • WHO HAVE ANNOUNCED THEY ARE

  • GOING TO MAKE THE RUNNING FOR

  • THE WHITE HOUSE.

  • BEFORE WE HAVE THE DOZEN OR SO

  • NOW AND MAYBE A DOZEN OR TWO

  • DOZEN MORE CAN DO DURING A

  • PRESIDENTIAL RUN OF THEIR RUN,

  • THERE WAS THIS GUY, THE 2020

  • PRESIDENTIAL CANDIDATE,

  • ENTREPRENEUR, SOME SUCCESS IN

  • THE BUSINESS WORLD, WHICH COMES

  • AT A TIME.

  • VERY GOOD TO HAVE YOU.

  • WHY ARE YOU DOING THIS?

  • >> I SPENT THE LAST SEVEN YEARS

  • CREATING SEVERAL THOUSAND JOBS

  • IN NEW ORLEANS AND OTHER IN

  • THEIR I.C.E. ARE THE AFTERMATH

  • OF THE DEVASTATION IN

  • MANUFACTURING JOBS.

  • THE REASON I DONALD TRUMP ONE

  • AND 2016 IS THAT WHICH AUTOMATED

  • 400 MILLION MANUFACTURING JOBS

  • IN MICHIGAN, OHIO, PENNSYLVANIA,

  • WISCONSIN AND NOW MY FRIENDS IN

  • SILICON VALLEY KNOW WERE ABOUT

  • TO DO THE SAME THING TO MILLIONS

  • OF RETAIL JOBS, CALL CENTER

  • JOBS, FAST FOOD JOBS IN TRUCK

  • DRIVING JOBS HERE THAT'S WHY HE

  • DECIDED TO RUN FOR PRESIDENT TO

  • HELP US MANAGE THIS TRANSITION

  • WE ARE IN THE MIDST OF.

  • NEIL: YOUR WEALTH COMES FROM

  • TELLING --

  • [INAUDIBLE]

  • THAT'S WHERE A LOT OF IT IS.

  • YOU'RE NOT A BILLIONAIRE, BUT

  • YOU'RE UP THERE APPEARS TO MAC

  • THAT'S VERY.

  • DEFINITELY NOT A BILLIONAIRE.

  • I'VE HAD SOME SUCCESS AND

  • CERTAINLY I'VE LOOKED AROUND AND

  • BEING THIS COUNTRY NEEDS PEOPLE

  • LIKE ME TO STEP OUT.

  • NEIL: ALL RIGHT, YOU ARE

  • ADVOCATING AND THIS IS AMONG

  • MANY WHO ARE COMPETING FOR THE

  • DEMOCRATIC NOMINATION FOR THE

  • UNIVERSAL INCOME.

  • THE CHEW EXTENDED TO PRETTY MUCH

  • EVERYBODY.

  • HAVE AT IT.

  • >> THAT'S RIGHT.

  • IF YOU LOOK AT THE HISTORY OF

  • THIS IDEA, DEEPLY AMERICAN.

  • WHERE THOMAS PAINE WAS FOR.

  • MARTIN LUTHER KING WAS FOR IT.

  • MILTON FRIEDMAN, WITH BEATING

  • CONSERVATIVE ECONOMIST.

  • IT PASSED THE HOUSE OF

  • REPRESENTATIVES TWICE UNDER

  • RICHARD NIXON AND IT WAS

  • IMPLEMENTED 11 YEARS LATER IN

  • ONE STAYED WHERE FERGUSON IN

  • $1,002,000 A YEAR.

  • THAT'S A DEEPLY REPUBLICAN STATE

  • PASSED BY REPUBLICAN GOVERNOR

  • WHO ASKED THE ALASKAN PEOPLE WHO

  • WOULD YOU RATHER GET THE OIL

  • MONEY THE GOVERNMENT ARE YOU?

  • NEIL: WHO WOULD FUND THIS?

  • I WOULD YOU PAY FOR THIS?

  • >> IF YOU LOOK AROUND YOU CAN

  • SEE THE HEADLINES AMAZON PAID NO

  • TAXES LAST YEAR DESPITE RECORD

  • PROFITS.

  • WE HAVE TO PUT THE AMERICAN

  • PEOPLE IN POSITION TO START

  • HARVESTING THE GAINS FROM

  • ARTIFICIAL INTELLIGENCE, SELL

  • GERMAN CARS AND TRUCKS AND

  • ADVANCED TECHNOLOGY.

  • AND WITH THAT MONEY WE CAN FUND

  • THE DIVIDEND FOR ALL AMERICANS.

  • NEIL: I KNOW YOU'VE GOT THE

  • ATTENTION AMONG PEOPLE WHO LIKE

  • THAT IDEA, BUT HAVE YOU PAY FOR

  • IT?

  • THAT WOULD BE OVER $2 TRILLION A

  • YEAR.

  • HE WENT THE PRICE TAG COMES DOWN

  • VERY QUICKLY BECAUSE WERE

  • ALREADY SPENDING HUNDREDS OF

  • BILLIONS OF DOLLARS ON 126 AND

  • 15 WELFARE PROGRAMS WHICH SHOULD

  • BE LARGELY CONSOLIDATED.

  • A LOT OF THAT WOULD GET REPLACED

  • BY THE DIVIDENDS BECAUSE PEOPLE

  • WOULD VASTLY PREFER THOUSAND

  • DOLLARS IN CASH AND CONDITIONAL

  • TO THE HODGEPODGE OF BENEFITS OF

  • THE ADMINISTRATION MONITORING

  • THEY CURRENTLY EXPERIENCE.

  • NEIL: BUT TO GUYS LIKE YOU

  • REALLY NEED TO MONEY YOURSELF?

  • >> AT THE RIGHT OF CITIZENSHIP

  • AND THAT MEANS IT'S NOT

  • STIGMATIZE TRANSFER FROM RICH TO

  • POOR.

  • THE GREAT THING IS WE CAN BUILD

  • A TRICKLE UP ECONOMY FROM PEOPLE

  • AND FAMILIES BECAUSE MOST OF US

  • WOULD GO RIGHT BACK INTO THE

  • ECONOMY THROUGH MAIN STREET

  • BUSINESSES AROUND THE COUNTRY.

  • NEIL: RIGHT NOW THERE IS AN

  • ATTITUDE ON THE PREDOMINANT

  • LEFT-WING OF THE PARTY WHICH A

  • LOT OF PEOPLE SAY IS THE PARTY

  • RIGHT NOW, THAT THAT QUESTION

  • AND EVEN GUYS LIKE YOURSELF WHO

  • SUCCEED ON YOUR OWN INTO A GREAT

  • DOG, ALEXANDRIA OCASIO-CORTEZ

  • SORT OF SEEMS TO BE THE

  • SPOKESMAN FOR THAT MOVEMENT HAS

  • SAID THAT EVERY ALIEN THERE IS A

  • POLICY MISTAKE HERE AND WHAT DID

  • YOU MAKE OF IT?

  • >> YOU'VE GOT TO LOOK AT THE BIG

  • PICTURE OR THE THIRD INNING OF

  • THE GREATEST ECONOMIC AND

  • TECHNOLOGICAL TRANSFORMATION IN

  • HISTORY.

  • WILLIAM AYERS OR OF A NATIONAL

  • BYPRODUCT.

  • NEIL: YOU AGREE WITH WHAT

  • THEY'RE SAYING.

  • BILLIONAIRES CREATED A LOT OF

  • JOBS AND A LOT OF OPPORTUNITIES.

  • >> I THINK THERE ARE WAYS THAT

  • WE CAN MORE EFFECTIVELY HAVE THE

  • AMERICAN PEOPLE BENEFIT FROM

  • SOME OF THE HUGE WINNINGS THAT

  • PEOPLE HAVE EXPERIENCED DURING

  • THE ECONOMY.

  • NEIL: THESE GUYS HAVE CREATED A

  • GAZILLION DOLLAR ENTERPRISES

  • ACROSS THE COUNTRY.

  • >> AND I AM IN THE CAMP AS YOU

  • SUGGEST THAT OUR SYSTEM CREATES

  • VERY, VERY WEALTHY PEOPLE WHO

  • HAVE BEEN FORTUNATE, BUT THEY'VE

  • DONE A LOT OF VALUE CREATION.

  • NEIL: WOULD YOU RAISE THEIR

  • TAXES?

  • >> TO BE THE FOCUS ON INCOME TAX

  • IS NOT THE RIGHT WAY TO GO.

  • 20 OF JEFF BEZOS IS AN EXAMPLE.

  • JUST STARTED AMAZON.

  • HE HAS OVER $100 BILLION IN

  • AMAZON STOCK.

  • HASN'T SOLD ANY.

  • SO THERE'S NO TAXABLE EVENT.

  • SO I THINK A WEALTH TAX IS NOT

  • THE RIGHT WAY TO GO.

  • WE HAVE TO JOIN EVERY ADVANCE

  • COMPANY AND HOW A VALUE-ADDED

  • TAX IS MUCH, MUCH HARDER FOR BIG

  • MULTINATIONAL COMPANIES TO

  • WRIGGLE THEIR WAY OUT OF INK IN

  • THEIR WAY OUT OF.

  • NEIL: MANY HAVE SUCH ATTACKS.

  • >> BUT YOU DO SEE THAT THEY WERE

  • ABLE TO HARNESS MORE OF THE BIG

  • WINNERS IN TERMS OF THE

  • CORPORATE COMPANIES THAT ARE

  • GENERATING LOTS OF PROFITS.

  • THEY WERE ABLE TO GET THE TAX

  • REVENUE.

  • NEIL: 10% OF ITALIAN CITIZENS

  • PAY TAXES EVEN THE HIGH

  • VALUE-ADDED TAXATION.

  • THIS IS THE ONLY THING I KNOW

  • IT'S AN ITALIAN-AMERICAN.

  • YOU ARE A GOOD INTENTIONS ARE

  • GOING TO MANUAL STICK AMERICANS

  • WITH A GOOD-SIZED BILL?

  • >> WE ARE TRYING TO CREATE A

  • DIVIDEND FOR ADULTS WHERE EVERY

  • AMERICAN CITIZEN IS THE OWNER

  • AND SHAREHOLDER OF THE RICHEST

  • AND MOST ADVANCED ECONOMY IN THE

  • HISTORY OF THE WORLD.

  • WE CAN EASILY AFFORD $1000

  • DIVIDEND THAT WILL GO RIGHT BACK

  • INTO THE ECONOMY AND CREATE

  • 2 MILLION JOBS AROUND THE

  • COUNTRY AND GROW THE CONSUMER

  • ECONOMY BY 8% TO 10%.

  • NEIL: YOU ARE TALKING ABOUT THIS

  • CHANCE TO DEAL WITH TRUCKERS AND

  • MANUFACTURING WORKERS.

  • RIGHT NOW WE ARE AT RECORD LOW

  • UNEMPLOYMENT.

  • KEY GROUPS ARE LUCKY NOT THE

  • HIGHEST EMPLOYMENT LEVELS WE

  • HAVE EVER SEEN.

  • SO A LOT OF PEOPLE STEP BACK AND

  • SAY ANDREW IS JUST MISSING THIS

  • BIG PICTURE IS SO TERRIFIC IT

  • WOULD SHOW UP IN THE NUMBERS.

  • >> WELCOME IF YOU LOOK AT OUR

  • LABOR FORCE PARTICIPATION RATE,

  • IT'S STILL AROUND 63%, WHICH IS

  • CLOSE TO A MULTI-DECADE LOW THE

  • SAME AS EL SALVADOR AND THE

  • DOMINICAN REPUBLIC.

  • NEIL: A LOT OF REPUBLICANS WILL

  • COUNTER THAT IF YOU WERE TO COME

  • THE PARTY'S NOMINEE AND THEY'VE

  • BEEN THERE, DONE A LOT BETTER

  • THAN THAT.

  • >> TAKE A LOOK AT THE CURVE AND

  • IT PEAKS AROUND 2009 AT HEARTS

  • CRASHING SHORTLY THEREAFTER.

  • IF YOU LOOK AT STATISTICS, ONE

  • IN FIVE PRIME WORKING AGE

  • AMERICAN MENACE OUT OF THE

  • WORKFORCE RIGHT NOW AND THIS IS

  • YOUR EXPANSION.

NEIL: ALREADY COME A CROWDED

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