November 12, 2025 • 15 mins
Dr Bob McClure, PResident of the James Madison Institute, came in for our monthly sit down to discuss some important issues inside the boundaries of the Sunshine State.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
And here we are the third and final hour of
the show for the day. It is Wednesday, November twelfth.
Here on the Morning Show with Preston Scotti's ose, I'm
Preston and cozying up to the microphone. That's a not
so subtle way of saying, grab the microphone and pull
it closer. Is doctor Bob McClure, President of the James
(00:23):
Madison Institute. Hello, Hi buddy, how are you?
Speaker 2 (00:25):
I'm well? How about you dressed for the weather? I say, am,
I am. I've got to pretend to be important every
once in a while.
Speaker 1 (00:30):
Well, no, I mean I just love the cool weather
hitting a little early this year.
Speaker 2 (00:35):
The lovest thing in the world.
Speaker 1 (00:36):
Yeah, absolutely love it. We were just talking in the break.
What is your sense on how things will shake out
for this final legislative session for RHN de Santis. Does
he get to run through the tape or is he
going to have to fight through what's going on with
leadership in particular in the House.
Speaker 2 (00:52):
I do think he's going to have to do some
fighting in the House. I don't think we have recovered
from last legislative set. Having said that, it's in the
best interest of a lot of those folks in the
legislature with an election year coming up, to do some
of the right things. And I've said this before, I've
(01:14):
said it many times. I mean this governor, I mean
he could be coasting if he wanted to on his
legacy and what he has done so far for this
state in the last seven years. And the man is
running through the tape. And I'm really really excited. I mean,
you think about what we've had. We started with Jeb
We had a little blip with Charlie crist then we
(01:36):
had Rick Scott, two very very forward thinking governors. Then
we get Ron DeSantis, and the man has been bold,
he's been innovative, he's been thoughtful and really preston. Look.
I mean, the proof is in the putting look at
the state, whether it's our economic health, whether it's people
(01:58):
moving here, whether it's our our economic opportunity. The biggest issue,
which you and I have talked about a lot, is
for lots of reasons, kind of a witch's brew of reasons.
The cost of living is challenging for a lot of
people in the state, and that's something that we have
to address. But the governor is at least trying to
address this with his property tax issue.
Speaker 1 (02:18):
The word that I would use to describe governors as
santus is the word relentless. Oh my god, just has
not touched the pause button. To your point about running
through the tape, I hear him, and I hear the
same tone and the same resiliency and the same determination
that I heard in his first year in office.
Speaker 2 (02:39):
It's exactly the same. Look at what he did just
a year and a half ago with the amendments three
and four. Right, whether you agree with those amendments or not,
the weed amendment in the abortion amendment, doesn't matter where
you are politically. He put all his chips. He was
the only person in the state who was willing to
do this. He put all his chips in the middle,
and he won, and he moved from there to run
(03:01):
for president, or I guess he got it the other
way around. He's run for president, he's defeated those amendments,
and now he doesn't have to have this property tax discussion. Right.
I mean, he could have just sailed off into the
sunset next administration if they want to do it, but
he hasn't. And so relentless is an excellent term. I mean,
(03:21):
he is kind of like you know this, this this
Nick Saban of governors in the sense that he he
gets back to work. I mean, Lane Kiffin tells the
story of Saban winning the national championship, saying telling everybody,
all right, we'll see it at seven thirty Monday morning,
to get to work. And the governor has been tremendous.
Speaker 1 (03:37):
Well, you've said all along, good policy makes for good politicists,
and and he is a policy wonk if there ever
was one in the governor's office.
Speaker 2 (03:46):
Yeah, yeah, he is. But I think I think the
dynamic back to your original question, because it's it's it
is an election, yeer. These men and women in the
legislature understand that you've got every office, cabinet off, everybody's
up for election. I think you're going to see a
little more play nice this year. And I think the
governor's going to get some things he wants on the
(04:07):
property tax issue. I don't know what they are. Yeah,
I believe we will.
Speaker 1 (04:13):
Back with doctor Bob McClure James Madison Institute. He's the president.
We affectionately refer to it by its initials JMI. You've
got in your hands an article here, Bob that I
thought was interesting, and it's and it's an issue that
the governor has over the years tried to make some
headway on, and it is sort of creating Florida inside
(04:37):
the moat of all the noise on healthcare and creating
some safe space inside the state of Florida. But what
is China's impact and influence in healthcare and what can
Florida do about it?
Speaker 2 (04:49):
Well, let's start, let's back up just a hair. The
governor has already taken tremendously bold action against the CCP
influence in the state of Florida. Right They've blocked land
purchases near military bases, scrutinizing kind of university partnerships and
the money that the CCP may be giving folks, and
strengthening kind of various consumer protections. The AG has also
(05:13):
helped uncover foreign threats to our digital infrastructure. But I
think there's another component to at preston that we need
to think about, and that is the technology that patients
use and hospitals use to keep themselves alive. So think
about it this way. It's not an urgent issue, but
it poses long term risks to patient privacy and to
(05:35):
our health care security. So think of it this way.
Devices such as Internet connected monitors, pumps, diagnostic tools, those
kinds of things are now made by the CCP are
all now embedded in hospitals and clinics across the country.
Speaker 1 (05:50):
I mean, that's like in our power grid. That's right,
with the transformers that we now know have embedded technology
that can literally turn our power grid dark. The same
vulnerability is this inside healthcare?
Speaker 2 (06:01):
Yes? Yes, and you think of you think of the
rare earth minerals discussion, the same kind of component. And
so what you have is that that kind of integration
has come with this invisible cost, and that's dependent on
companies that operate under the authority of the CCP okay,
and that's that's a huge issue when it who and
(06:23):
they can compel access to data or cooperation on espionage
efforts with some of these healthcare components, and that's something
we need to focus on here in the state.
Speaker 1 (06:33):
Are you surprised that the federal government hasn't taken more
action given the exposure that we saw during COVID.
Speaker 2 (06:41):
Yes, yes, i am, I'm i'm Let me let me
back up with that federal government under Joe Biden. No, right,
I'm not because they had a completely different agenda.
Speaker 1 (06:54):
Well, Joe was beholden to the Chinese.
Speaker 2 (06:57):
That's right, that's right, that's right. But they were also
focused on, I would argue, changing this is not a
conspiracy theorist thing, changing the very fabric of the country
in four years in so many different ways. And so
whether it was how the federal government funded NGOs, whether
it was the Green New Deal which turned out to
(07:18):
be a disaster, and Bill Gates has confirmed that, whether
it's the border was open, but no, they told us
it was secure. So who you're gonna believe me or
your lying eyes, all of those kinds of things. They
were not focused on the role of the CCP and
it's threat. Remember the spy balloon that flew over half
(07:39):
the country. And now we're talking about healthcare devices. This
is a very real issue where they can mind data.
You know, people are talking about TikTok and they're talking
about rare earth minerals and how China can kind of
grab a hold of America kind of strangled them by
the throat. Well also in healthcare devices, where they can
mind data and they can do these kinds of things.
(08:00):
It's a very real issue, and it's not something we
think about on a daily basis. Well, we saw the
story and we talked about it here on the program
that baby monitors, some of the most popular baby monitors
had technology inside that allowed the Chinese government to monitor,
as you say, just lifestyle, what people are doing, what
kinds of choices they're making inside their homes in real time. Right.
(08:21):
And so the president wants to bring manufacturing back here.
And that's one of the critical reasons why. Now you know,
he was interviewed by Laura Ingram a couple of nights ago,
and he's talking about students, Chinese students at colleges and
some of these other things. I don't he sees it
(08:42):
as less of a threat. I don't agree. I think
they're all potential spies. I agree the CCP is playing
the long game. In the long game is one hundred years, right,
and we Americans barely play the game of two years, right,
And so we're talking about midterms, So that's an issue.
I don't agree with the president. I think the CCP
is a very threat to the future of the nation.
Speaker 1 (09:01):
Yeah, and I think they just celebrated when New York
City went socialist.
Speaker 2 (09:04):
Sure, they did.
Speaker 1 (09:05):
Yeah. Back with doctor Bob McClure of the James Madison Institute,
we were talking.
Speaker 2 (09:09):
Hey, quick follow up. This is kind of an obscure
issue about this healthcare and China's influence and all these things.
For your listeners, they can go to James Madison dot org.
Doug Wheeler wrote a great piece, one of our policy
director for the Gibsoner for Economic Prosperity at JMI. Doug
(09:30):
Wheeler wrote a great piece for Florida Politics and it's
called Florida Must Lead on securing healthcare from China's influence.
So it's an obscure issue, but your listeners can go
find that piece learn a whole lot more about this
issue at James Maadison dot org.
Speaker 1 (09:43):
They rely on obscure. Yeah, as you said, they play
the long game, and they play it exceptionally well. But
that's what the left does.
Speaker 2 (09:49):
Yep.
Speaker 1 (09:51):
We were talking earlier about just how good Florida is
sitting with problems to be solved, to be sure, But
then you see this study. We've talked about it quite
a bit. FAU releases a pole that shows nearly fifty
percent of Floridians considering leaving the state because of cost
(10:15):
of living primarily and driving that we've talked about quite
a bit, and that's the cost of housing. What do
you make of the fact that one out of two
is now thinking of doing a U turn and leaving
the state.
Speaker 2 (10:29):
Yeah, I'm I'm first of all, I'm not sure where
they would go.
Speaker 1 (10:34):
Well, that's what I said, grass is always greener type thing.
But be careful, you know, this is a different state
when it comes to that kind of thing.
Speaker 2 (10:42):
So what do we That's a high number. It's not
like we one out of five or six. But I mean,
you know, the way people respond to poles sometimes preston
compared to what they actually do. Right, So look at
the state. We have almost a thousand people moving to
this state a year, okay almost today. What I say
a year here, I meant yeah, And so a thousand
(11:03):
people a day. And so you know what you've seen
is Miami has become the new Silicon Valley. We're seeing
that happen over and over. Ken Griffin, whether it's Ken
Griffin or all of this investment that's happening in Miami.
For Fortune magazine called Palm Beach the Wall Street of
the South. And now with the most recent mayoral election
(11:25):
in New York City that's going to hasten. Oh yeah, yeah,
But Florida does have. What this poll reveals is that
there is a very real issue and the cost of
living is a very real issue in the state. And
these aren't people in Palm Beach in Miami. These are
people in Lakeland and people in Melbourne, and people in
(11:47):
Quincy and people in you know, Live Oak and you
know this is this is real. This is true Americana,
this is Middle America, and and it is expensive. And
it's expensive for a number of reasons. We talked about it,
but it's kind of this. It's property insurance, which is
slowly coming down, even though you know, I don't think
all for Fluirdians.
Speaker 1 (12:08):
Feel it just yet, it's at least stabilizing. Stabilizing for sure.
State Farm just filed for a rate reduction. I think
it was twenty percent progressive as filed for a rate reduction.
So people are going to see that happening now. But
housing is a very real component of that, and that
is traditionally at the local level. It makes it harder
(12:29):
to build homes, or those homes that they do build
are far more expensive because of permitting, wait times, pay go,
whatever the terms are that you want to use for builders.
All Right, we need more housing. This fifty year mortgage
is that Trump proposed is not going to solve the problem.
Speaker 2 (12:49):
Okay, it is. It's ridiculous. We need more housing, and
people say, oh, we need more affordable housing. We just
need housing. Build housing, because what happens in a market
is that when you build houses that people need and want,
they move into those houses. The other houses become vacant,
and then the market begins to move and it brings
(13:09):
down the cost of housing.
Speaker 1 (13:11):
Yep.
Speaker 2 (13:12):
Last thing I'll say on the cost of living under
Joe Biden, inflation accumulatively was twenty one percent. Okay, that's
a staggering It is a staggering number. And the Trump
administration has not solved that issue. I'm not blaming them. Okay,
they've been in office nine months. But they need to
(13:33):
wake up. And I saw Stephen Miller begin to change
the messaging after the election. They need to wake up
every day and say, look, it's working. We haven't done enough.
We have a long way to go. We inherited a
complete train wreck, but we are going to bring down
(13:54):
the cost of living, and we are going to focus
on it every day. They need to be careful because
remember under Joe Biden, they kept saying, oh, Biden, economics
is working, it's working, it's working. Well, who you're gonna
believe me or your lying eyes, right right? And Trump
needs they need to be careful. They don't need to
fall into that same thing of saying, well things are
getting better, suck it up, so to speak.
Speaker 1 (14:15):
Right, Tell me this, though, what can the government do
beyond the regulatory environment that drives prices down? I don't
know of much. Well, they can they get energy as everything,
right right, So we're and we're making that better.
Speaker 2 (14:33):
Right right. But it takes a minute. It takes time.
And so whether they're opening up more drilling, more opportunity
for natural gas, they're bringing down regulations the middle man
or the middle woman in the energy sector. But if
you need to continue to focus on energy and also
(14:53):
you know, focus on you know, ag is another area
like grocery prices in those kinds.
Speaker 1 (14:58):
We've got to deal with small agriculture.
Speaker 2 (15:00):
Right, reduce the cost of doing business and the consumer
will benefit. But it's gonna take time. But the Trump
administration needs to be careful. The answer is not, Hey,
things are getting better. You just don't see it. It
needs to be. We wake up every day to make
things better, but we have a ways to go.
Speaker 1 (15:16):
Yeah, and explain why they're bad. Correct, All right, Thank you, Bob,
appreciate the time. Thanks for having me. Doctor Bob McClure,
President of the James Madison Institute. My guest, the big
stories in the press box are next.
And here we are the third and final hour of
the show for the day. It is Wednesday, November twelfth.
Here on the Morning Show with Preston Scotti's ose, I'm
Preston and cozying up to the microphone. That's a not
so subtle way of saying, grab the microphone and pull
it closer. Is doctor Bob McClure, President of the James
(00:23):
Madison Institute. Hello, Hi buddy, how are you?
Speaker 2 (00:25):
I'm well? How about you dressed for the weather? I say, am,
I am. I've got to pretend to be important every
once in a while.
Speaker 1 (00:30):
Well, no, I mean I just love the cool weather
hitting a little early this year.
Speaker 2 (00:35):
The lovest thing in the world.
Speaker 1 (00:36):
Yeah, absolutely love it. We were just talking in the break.
What is your sense on how things will shake out
for this final legislative session for RHN de Santis. Does
he get to run through the tape or is he
going to have to fight through what's going on with
leadership in particular in the House.
Speaker 2 (00:52):
I do think he's going to have to do some
fighting in the House. I don't think we have recovered
from last legislative set. Having said that, it's in the
best interest of a lot of those folks in the
legislature with an election year coming up, to do some
of the right things. And I've said this before, I've
(01:14):
said it many times. I mean this governor, I mean
he could be coasting if he wanted to on his
legacy and what he has done so far for this
state in the last seven years. And the man is
running through the tape. And I'm really really excited. I mean,
you think about what we've had. We started with Jeb
We had a little blip with Charlie crist then we
(01:36):
had Rick Scott, two very very forward thinking governors. Then
we get Ron DeSantis, and the man has been bold,
he's been innovative, he's been thoughtful and really preston. Look.
I mean, the proof is in the putting look at
the state, whether it's our economic health, whether it's people
(01:58):
moving here, whether it's our our economic opportunity. The biggest issue,
which you and I have talked about a lot, is
for lots of reasons, kind of a witch's brew of reasons.
The cost of living is challenging for a lot of
people in the state, and that's something that we have
to address. But the governor is at least trying to
address this with his property tax issue.
Speaker 1 (02:18):
The word that I would use to describe governors as
santus is the word relentless. Oh my god, just has
not touched the pause button. To your point about running
through the tape, I hear him, and I hear the
same tone and the same resiliency and the same determination
that I heard in his first year in office.
Speaker 2 (02:39):
It's exactly the same. Look at what he did just
a year and a half ago with the amendments three
and four. Right, whether you agree with those amendments or not,
the weed amendment in the abortion amendment, doesn't matter where
you are politically. He put all his chips. He was
the only person in the state who was willing to
do this. He put all his chips in the middle,
and he won, and he moved from there to run
(03:01):
for president, or I guess he got it the other
way around. He's run for president, he's defeated those amendments,
and now he doesn't have to have this property tax discussion. Right.
I mean, he could have just sailed off into the
sunset next administration if they want to do it, but
he hasn't. And so relentless is an excellent term. I mean,
(03:21):
he is kind of like you know this, this this
Nick Saban of governors in the sense that he he
gets back to work. I mean, Lane Kiffin tells the
story of Saban winning the national championship, saying telling everybody,
all right, we'll see it at seven thirty Monday morning,
to get to work. And the governor has been tremendous.
Speaker 1 (03:37):
Well, you've said all along, good policy makes for good politicists,
and and he is a policy wonk if there ever
was one in the governor's office.
Speaker 2 (03:46):
Yeah, yeah, he is. But I think I think the
dynamic back to your original question, because it's it's it
is an election, yeer. These men and women in the
legislature understand that you've got every office, cabinet off, everybody's
up for election. I think you're going to see a
little more play nice this year. And I think the
governor's going to get some things he wants on the
(04:07):
property tax issue. I don't know what they are. Yeah,
I believe we will.
Speaker 1 (04:13):
Back with doctor Bob McClure James Madison Institute. He's the president.
We affectionately refer to it by its initials JMI. You've
got in your hands an article here, Bob that I
thought was interesting, and it's and it's an issue that
the governor has over the years tried to make some
headway on, and it is sort of creating Florida inside
(04:37):
the moat of all the noise on healthcare and creating
some safe space inside the state of Florida. But what
is China's impact and influence in healthcare and what can
Florida do about it?
Speaker 2 (04:49):
Well, let's start, let's back up just a hair. The
governor has already taken tremendously bold action against the CCP
influence in the state of Florida. Right They've blocked land
purchases near military bases, scrutinizing kind of university partnerships and
the money that the CCP may be giving folks, and
strengthening kind of various consumer protections. The AG has also
(05:13):
helped uncover foreign threats to our digital infrastructure. But I
think there's another component to at preston that we need
to think about, and that is the technology that patients
use and hospitals use to keep themselves alive. So think
about it this way. It's not an urgent issue, but
it poses long term risks to patient privacy and to
(05:35):
our health care security. So think of it this way.
Devices such as Internet connected monitors, pumps, diagnostic tools, those
kinds of things are now made by the CCP are
all now embedded in hospitals and clinics across the country.
Speaker 1 (05:50):
I mean, that's like in our power grid. That's right,
with the transformers that we now know have embedded technology
that can literally turn our power grid dark. The same
vulnerability is this inside healthcare?
Speaker 2 (06:01):
Yes? Yes, and you think of you think of the
rare earth minerals discussion, the same kind of component. And
so what you have is that that kind of integration
has come with this invisible cost, and that's dependent on
companies that operate under the authority of the CCP okay,
and that's that's a huge issue when it who and
(06:23):
they can compel access to data or cooperation on espionage
efforts with some of these healthcare components, and that's something
we need to focus on here in the state.
Speaker 1 (06:33):
Are you surprised that the federal government hasn't taken more
action given the exposure that we saw during COVID.
Speaker 2 (06:41):
Yes, yes, i am, I'm i'm Let me let me
back up with that federal government under Joe Biden. No, right,
I'm not because they had a completely different agenda.
Speaker 1 (06:54):
Well, Joe was beholden to the Chinese.
Speaker 2 (06:57):
That's right, that's right, that's right. But they were also
focused on, I would argue, changing this is not a
conspiracy theorist thing, changing the very fabric of the country
in four years in so many different ways. And so
whether it was how the federal government funded NGOs, whether
it was the Green New Deal which turned out to
(07:18):
be a disaster, and Bill Gates has confirmed that, whether
it's the border was open, but no, they told us
it was secure. So who you're gonna believe me or
your lying eyes, all of those kinds of things. They
were not focused on the role of the CCP and
it's threat. Remember the spy balloon that flew over half
(07:39):
the country. And now we're talking about healthcare devices. This
is a very real issue where they can mind data.
You know, people are talking about TikTok and they're talking
about rare earth minerals and how China can kind of
grab a hold of America kind of strangled them by
the throat. Well also in healthcare devices, where they can
mind data and they can do these kinds of things.
(08:00):
It's a very real issue, and it's not something we
think about on a daily basis. Well, we saw the
story and we talked about it here on the program
that baby monitors, some of the most popular baby monitors
had technology inside that allowed the Chinese government to monitor,
as you say, just lifestyle, what people are doing, what
kinds of choices they're making inside their homes in real time. Right.
(08:21):
And so the president wants to bring manufacturing back here.
And that's one of the critical reasons why. Now you know,
he was interviewed by Laura Ingram a couple of nights ago,
and he's talking about students, Chinese students at colleges and
some of these other things. I don't he sees it
(08:42):
as less of a threat. I don't agree. I think
they're all potential spies. I agree the CCP is playing
the long game. In the long game is one hundred years, right,
and we Americans barely play the game of two years, right,
And so we're talking about midterms, So that's an issue.
I don't agree with the president. I think the CCP
is a very threat to the future of the nation.
Speaker 1 (09:01):
Yeah, and I think they just celebrated when New York
City went socialist.
Speaker 2 (09:04):
Sure, they did.
Speaker 1 (09:05):
Yeah. Back with doctor Bob McClure of the James Madison Institute,
we were talking.
Speaker 2 (09:09):
Hey, quick follow up. This is kind of an obscure
issue about this healthcare and China's influence and all these things.
For your listeners, they can go to James Madison dot org.
Doug Wheeler wrote a great piece, one of our policy
director for the Gibsoner for Economic Prosperity at JMI. Doug
(09:30):
Wheeler wrote a great piece for Florida Politics and it's
called Florida Must Lead on securing healthcare from China's influence.
So it's an obscure issue, but your listeners can go
find that piece learn a whole lot more about this
issue at James Maadison dot org.
Speaker 1 (09:43):
They rely on obscure. Yeah, as you said, they play
the long game, and they play it exceptionally well. But
that's what the left does.
Speaker 2 (09:49):
Yep.
Speaker 1 (09:51):
We were talking earlier about just how good Florida is
sitting with problems to be solved, to be sure, But
then you see this study. We've talked about it quite
a bit. FAU releases a pole that shows nearly fifty
percent of Floridians considering leaving the state because of cost
(10:15):
of living primarily and driving that we've talked about quite
a bit, and that's the cost of housing. What do
you make of the fact that one out of two
is now thinking of doing a U turn and leaving
the state.
Speaker 2 (10:29):
Yeah, I'm I'm first of all, I'm not sure where
they would go.
Speaker 1 (10:34):
Well, that's what I said, grass is always greener type thing.
But be careful, you know, this is a different state
when it comes to that kind of thing.
Speaker 2 (10:42):
So what do we That's a high number. It's not
like we one out of five or six. But I mean,
you know, the way people respond to poles sometimes preston
compared to what they actually do. Right, So look at
the state. We have almost a thousand people moving to
this state a year, okay almost today. What I say
a year here, I meant yeah, And so a thousand
(11:03):
people a day. And so you know what you've seen
is Miami has become the new Silicon Valley. We're seeing
that happen over and over. Ken Griffin, whether it's Ken
Griffin or all of this investment that's happening in Miami.
For Fortune magazine called Palm Beach the Wall Street of
the South. And now with the most recent mayoral election
(11:25):
in New York City that's going to hasten. Oh yeah, yeah,
But Florida does have. What this poll reveals is that
there is a very real issue and the cost of
living is a very real issue in the state. And
these aren't people in Palm Beach in Miami. These are
people in Lakeland and people in Melbourne, and people in
(11:47):
Quincy and people in you know, Live Oak and you
know this is this is real. This is true Americana,
this is Middle America, and and it is expensive. And
it's expensive for a number of reasons. We talked about it,
but it's kind of this. It's property insurance, which is
slowly coming down, even though you know, I don't think
all for Fluirdians.
Speaker 1 (12:08):
Feel it just yet, it's at least stabilizing. Stabilizing for sure.
State Farm just filed for a rate reduction. I think
it was twenty percent progressive as filed for a rate reduction.
So people are going to see that happening now. But
housing is a very real component of that, and that
is traditionally at the local level. It makes it harder
(12:29):
to build homes, or those homes that they do build
are far more expensive because of permitting, wait times, pay go,
whatever the terms are that you want to use for builders.
All Right, we need more housing. This fifty year mortgage
is that Trump proposed is not going to solve the problem.
Speaker 2 (12:49):
Okay, it is. It's ridiculous. We need more housing, and
people say, oh, we need more affordable housing. We just
need housing. Build housing, because what happens in a market
is that when you build houses that people need and want,
they move into those houses. The other houses become vacant,
and then the market begins to move and it brings
(13:09):
down the cost of housing.
Speaker 1 (13:11):
Yep.
Speaker 2 (13:12):
Last thing I'll say on the cost of living under
Joe Biden, inflation accumulatively was twenty one percent. Okay, that's
a staggering It is a staggering number. And the Trump
administration has not solved that issue. I'm not blaming them. Okay,
they've been in office nine months. But they need to
(13:33):
wake up. And I saw Stephen Miller begin to change
the messaging after the election. They need to wake up
every day and say, look, it's working. We haven't done enough.
We have a long way to go. We inherited a
complete train wreck, but we are going to bring down
(13:54):
the cost of living, and we are going to focus
on it every day. They need to be careful because
remember under Joe Biden, they kept saying, oh, Biden, economics
is working, it's working, it's working. Well, who you're gonna
believe me or your lying eyes, right right? And Trump
needs they need to be careful. They don't need to
fall into that same thing of saying, well things are
getting better, suck it up, so to speak.
Speaker 1 (14:15):
Right, Tell me this, though, what can the government do
beyond the regulatory environment that drives prices down? I don't
know of much. Well, they can they get energy as everything,
right right, So we're and we're making that better.
Speaker 2 (14:33):
Right right. But it takes a minute. It takes time.
And so whether they're opening up more drilling, more opportunity
for natural gas, they're bringing down regulations the middle man
or the middle woman in the energy sector. But if
you need to continue to focus on energy and also
(14:53):
you know, focus on you know, ag is another area
like grocery prices in those kinds.
Speaker 1 (14:58):
We've got to deal with small agriculture.
Speaker 2 (15:00):
Right, reduce the cost of doing business and the consumer
will benefit. But it's gonna take time. But the Trump
administration needs to be careful. The answer is not, Hey,
things are getting better. You just don't see it. It
needs to be. We wake up every day to make
things better, but we have a ways to go.
Speaker 1 (15:16):
Yeah, and explain why they're bad. Correct, All right, Thank you, Bob,
appreciate the time. Thanks for having me. Doctor Bob McClure,
President of the James Madison Institute. My guest, the big
stories in the press box are next.
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