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Why "Trump 2.0" Has Attracted Independents and Moderates, w/ Jason Calacanis & Chamath Palihapitiya

Megyn Kelly · 2025-02-14 · 유튜브 시청 144,162 · Board Views 8 · International

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you know you said something really important at the beginning which is um you use the word Maga 2.0 and I actually think that that's um the right observation Maga 2.0 is a very different Coalition than magga 1.0 which is explains I think why they did so well at the polls and the way that I describe it in my own framework is Maga 2.0 are the working in Middle Class people that are asset light and I think that that is important meaning there's a lot of people that aren't getting stock options that don't work at a startup that don't necessarily own a home and are still renting that don't have these overflowing 401ks and that's a lot of where the tension with the American economy and Society comes from right so I think Maga speaks to them I think they now speak to patriotic business owners and they also were able to get these uh Tech leaders and innovators that's a really unique Coalition and I think that that is very discombobulating for the Democrats and I think it explains a little bit why they're on their heels and a little confused and don't exactly know how to react in any moment but that Maga 2.0 Coalition if it holds I think is multi-generationally uh relevant can I ask you Jason what you say purple not red so what what caused what what was the red that was mixed in with your former blue that made you purple now like what specifically was it that made you start migrating a bit yeah I mean I've I've always been a Moder modate um and I voted like I said maybe living in New York and in California most of my life um I you know I didn't have the opportunity to vote for a republican that many times but about one out of three I vote a Republican and having lived in New York Los Angeles and San Francisco you know you you don't have to um do too much research to see how far the woke left and these like radical socialist kind of borderline Communists in San Francisco you know how ineffective they've been at running those cities watching New York go from when I grew up in the 70s and 80s being pretty dangerous then Giuliani and Bloomberg cleaning the place up and then now gosh it just gone back into chaos every time I go to New York and I left San Francisco I Live Now on a horse ranch here in Texas in Austin and it's a lovely purple combination uh I think of what I loved about New York LA and San Francisco and and you know this this Texas culture uh which it feels to me like the pure American culture which is you know it's great to be an entrepreneur it's great to celebrate entrepreneurship and creation which is the business I'm in I invest in a 100 uh new companies per year as well as doing four podcasts a week so I'm kind of like a broadcaster and an angel investor and I really was disheartened by what I saw happen to with the Democratic party and how they related to entrepreneur specifically myself Elon Joe Rogan chamath we were all Democrats are left leaning right we believed in Freedom uh supporting gay rights supporting a woman's right to choose these kind of issues um and then the de Democratic party basically kicked Joe Rogan out they kicked Elon out and and none of us passed their ridiculous woke mind virus test and I'm For Freedom I'm for freedom of speech I'm I'm a second amendment fan um and that party just went so far left so I feel like I've always been right here in the middle fiscally responsible kind of Clinton Democrat and then I feel like the Democratic party just went off the deep end like I I'm not down with you know giving surgery to Children uh who are confused about their gender like that's crazy if you ask 90 if you ask a 100 parents 99 would say are you crazy giving surgery to a child who's confused and has gender dysphoria that's that's crazy and now we're seeing many countries in Europe and in fact here in the United States some states saying hey yeah no more of this and and doctors are being sued and the D transitioning move movement is just heartbreaking why wouldn't a child wait till they're 18 19 20 years old so those were kind of the issues that that pushed me out of the democratic party and you know with Trump and some of the things he does I I don't agree with but when he put his agenda out for you know this term with the uh exception again we talk talked about it before of taking hardworking non-criminal immigrants out of the country which I think would cause massive inflation and all kinds of problems for us and it would be cruel and inhumane um I I'm down with less government I've always been for Less government I've always been for balancing the budget as an individual as a company or as a country and so when he decided he would bring uh you know Elon who who's a close personal friend of mine and Sachs close personal friend of mine uh and and other folks in our Circle into this Administration to do hard work and important work around supporting entrepreneurs and stopping waste Fraud and Abuse I mean that's kind of my wheelhouse so if Trump's going to evolve and he's going to stop being captain in chaos uh and he's going to stop putting people like Bannon around him and he's going to put incredible entrepreneurs and and the smartest people I know around him I have no I have no choice but to support him right I don't like some of the things he does stylistically but I'm not I don't really care about Style points when it comes to the fact that I believe the country is on such an unsustainable path in terms of spending $36 trillion dollar in debt adding a trillion or two and the amount of waste and fraud that's going to come out of Doge I mean I've had conversations with Elon he's been very public about it he had a he had a presser with Trump in in the in the Oval Office the stuff that's going to come out is going to be mindboggling the amount of grift the amount of criminal behavior and obviously wasted and and waste is just so staggering and and we have to turn this around Megan if we don't get this debt under control it's existential you know they have the saying how did you go bankrupt slowly and then all at once and that's where our country is we need to stop the waste fraud abuse and spending and it's going to take Collective um you know austerity uh but we have no choice and it's going to take really bold leadership it's unpopular to cut Services it's unpop to stop spending but you know Trump's uh on a free role right now he is by definition lame duck right he's not running again so I'm here I want to say I want to say one word in defense of Steve Bannon with whom I've had a very interesting past 10 years I think Steve Ben is actually very very brilliant and was integral to Trump's especially his first Victory but I think the second Victory too and I know you may you may not like him but I know that he's had quite a hand in Staffing up Trump Point 2.0 and he's always there behind the scenes he's a brilliant strategist he may not be your cup of tea he's not everybody's but he is very important to Trump's success and has been uh in my opinion um I want to say this on the subject of the illegals I it is 59% of the American public approved deporting all of them not just the criminals the criminals is way up that's extremely H but Ju Just anybody who's here illegally 59% I mean that's huge to have 60% of the country agreeing on an issue like that so that's why Tom is saying they're all going now realistically are they all going no because it's impossible we're having a difficult time even finding the ones who have committed felonies on top of being here unlawfully it it's it's just that's why it was so egregious for Biden to allow them in in the first place we're just never going to get all these people even homan's out this week saying look we've gotten a bunch of them but it's not going as quickly as I'd like it to and it's very frustrating for all of us here's one other thing let me ask you about this one jth I love the guys over at National View and they sometimes offer a sober reality to you know the the joy that I hear more in the Maga circles you know these are conservative Republicans who are not they're not anti-trump but they're not like super prot trumpy they had a great discussion on their editor podcast this week about what's actually going to happen to the budget right Trump's going to make these cutbacks even if elon's allowed to go wild which as you know they're filing lawsuits every day to try to stop the cuts that he and Trump are doing but let's just say they withdraw all the law fair and and all the cuts go forward usaid Department of Education and on their point was it's we're still going to run a deficit the budget's still going to go up this year versus where it was last year just won't be up as much as it otherwise would have been we're not going to touch entitlement spending and I got to be honest you listen you're like ah you know to Jason's Point uh slowly and then all of a sudden we're still going to be on that course we're in a really difficult spot so I think it's important for your listeners and viewers to know this um the last couple of years the Biden Administration and specifically Biden and yelen did one thing that I hope no government afterwards ever does which is they were effectively speculating on rates and what they did was you know the the treasury's job is to finance the government right their job is to go into the bond market sell bonds use that money so and redirect to HHS to um Social Security to defense wherever they financed it with all of this shortterm paper and part of it was they believed that inflation would be in check and interest rates in the future would fall so whatever happened we would be able to go back into the markets and borrow later for cheaper it turned out that was an enormously incorrect assumption and they should not have made that decision so today what Trump inv best have to do is extremely difficult they have about $10 trillion so call it you know 25 30% of our total debt we have to refinance in the next six to n months and we're doing it against a backdrop where now inflation is ticking back up and rates are ticking back up so why is that important it's important because now all of a sudden like what does this budget bill look like and what can we actually accomplish there's the Senate version which is super light and it says let's just deal with with border security and Military and then there's what sort of trump has asked for which is the house version which is this quote unquote one big beautiful Bill the problem is those two things are on a collision course and the Big Bill may be a little bit too early in the sense that to exactly your point we don't know how bad the situation is and if bessent goes into the market and gets clubbed over the head and all of a sudden we have 10 trillion dollar that we have to borrow at five or five a half% oh God it's going to be really bad for the US economy in which case there will be no choice except to make very deep cuts to uh in a broad-based way so we almost need to buy some time and figure out how bad the situation is which is why we need the air cover to sort of see how much Doge un covers because that'll make the problem less at the end of the day four years of crushing interest rates runaway inflation Reckless government spending who's paying the price you are you might have bills stacking up debt collectors on your back it can get bad well done with debt can be a way out they've developed these new aggressive strategies designed to get you out of debt permanently without bankruptcy or loans done with debt stands between you and your bill collectors they can go head-to-head with these guys getting your balances reduced interest rates slashed and penalty stopped they'll create a plan to end your debt fast and put more cash in your pocket every month and right now they're accepting new clients but you need to act fast some credit relief programs expire consider a visit to done with debt right now before you 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