The Peter Schiff Show Podcast

It’s Government Not Technology That Lowers Living Standards – Ep.164


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* And then there was one; Donald Trump is now the presumptive Republican Presidential nominee for 2016
* I remember when this Republican Primary started and the field was very wide
* They had to split the debates up between the main event and the under card because there were so many candidates
* Nobody in the mainstream really gave Donald Trump a shot
* Even though I wasn't supporting, Trump - I was supporting Rand Paul and more recently Ted Cruz as the candidates who were ideologically closest to me
* I always thought that Donald Trump was a very serious candidate and thought that he had the best odds of winning and that's what happened
* I always recognized the appeal of his message
* I know the economy is much worse than is generally perceived and, for the typical American, living in a rotten economy, Trump seems to be the candidate that is going to appeal to them
* He's not talking about cutting social security or taking away government benefits, he's trying to be all things to all people
* It's a populist message - Everybody's going to win, just elect me and I'm going to make all your problems go away
* How am I going to make them go away? Because I'm different
* I'm not your typical politician, I'm a billionaire businessman who knows what I'm doing and everybody in government are incompetent fools
* He's right about that part - everybody in government is incompetent
* But that does not mean that Trump is a panacea to immediately make these problems go away
* But you know what? Why not take a shot at it?
* I knew that his message is powerful and would resonate
* Everybody is writing him off, saying he will lose to Hillary Clinton
* I don't believe so
* I think the media is still underestimating Donald Trump, despite the fact that they completely surprised them by winning the Republican nomination
* He might surprise them again by winning the General Election and being our next President
* Because, if you are anti-establishment, why would you vote for Hillary Clinton, even if you are a Democrat
* Why do you think Bernie Sanders continues to get so much support?
* He beat Hillary again in Indiana yesterday
* But of course Hillary has such a massive lead, thanks to all these super delegates, it doesn't even matter how many primaries he wins - he can win all the primaries from now until the election and Hillary is still going to be the nominee
* Unless Bernie Sanders can flip the super delegates
* Maybe if she gets indicted between now and the convention, well maybe that will do the trick
* But Hillary Clinton couldn't win in Indiana because there weren't enough minorities there
* When you just look your basic Democratic American, they're overwhelmingly going for Bernie Sanders
* The reason they're doing that is for the same reason that Republicans are going for Donald Trump
* I said many times I think Donald Trump will be able to tailor his message specifically to appeal to the Bernie Sanders Democrats
* He's not going to get all of the Bernie Sanders Democrats - the far left Socialists
* But there are a lot of people who are voting for Bernie Sanders because they can't stand Hillary Clinton
* Trump has a good shot at getting those people, in fact I think Donald Trump can do better with the Democrats than Ronald Regan
* And it was those Regan Democrats that really put Ronald Regan in the White House
* Many people are too young to remember, but when Ronald Regan first got the nomination, the media said, well that's it, he's going to lose in a landslide
* Nobody thought he could beat Jimmy Carter, an incumbent President and Ronald Regan was so far to the right, he was even more to the right than Barry Goldwater,

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