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tv   All In With Chris Hayes  MSNBC  February 8, 2022 12:00am-1:00am PST

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flames unimportant north of the border. plus, the shadow dockets drinks again. the stunning supreme court decision that just reroute the voting rights act. and a personal bankruptcy collapsing to a 25-year low. why aren't democrats taking more credit for the biden boom. all in starts right now. good evening from new york i. m. chris hayes it. was one year ago today that the second trial of donald trump in the senate, trump of course the only u.s. president in history to have been impeached lights. because only two presidents were impeach before. i'm president johnson, and president clinton. trump accounts for all presidential of peach mints. the second time of course was for inciting the deadly insurrection of january six. and that case was presented a year ago this week with jamming
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precision by the impeachment manager. >> after he knew that violence was underway at the capitol, president trump took actions that further incited the insurgency to be more inflame to take even more extreme selective and focused action against vice president mike pence. former president trump is also described by -- refusing requests to publicly and mediately, and forcefully call off the riots. and when he was told of the insurgents inside the capitol were trump supporters, the president said quote, well kevin, i guess these people are more upset about the election than you are. >> trump was ultimately acquitted at that trial.
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failing to get the requisite two thirds majority. he wasn't permanently disbarred from office. although i'm sure many republicans privately wish she had been. that said, it was nonetheless the single most bipartisan conviction vote in the country 's history. we've done four of these. and seven republican senators join the democrats and voted to convict the president of inciting insurrection. even apart from the actual impeachment. and that vote, there was a palpable sense of shock and were surrounding what donald trump had done. that was just one year. ago and thanks to the committee investigating the insurrection we know that at the time, even sean hannity of all people, with saying that the only way the, only way for punched apart carve a path forward was if trump never talked about the stolen election again. quote, he can't mentioned the election again. ever, i did not have a good call with him. today and worse, i'm not sure
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what is left to do or say. this is sean hannity texting republican members of congress. trump's loyal advisor his most vocal defender in the right-wing media. back then, even hannity made the calculation that the election lines or scandalous and horrible. and the attack on the capitol was disgusting and traumatizing, such an offense to america sense of itself. that no one would have tolerated -- and here we are a year later, we've learned many, many more details about what led up to january six. the day itself, the extent of donald trump's involvement, every single new detail almost without exception perhaps without exception looks worse than it did one year ago. it would take me weeks to list them all. so here is just the last week or so. just the last week revelations. trump talk about pardons for the violent relatives that destroyed the capital. --
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and tased them with their own weapons. trump openly stated that his vice president mike pence should have, overturn the election. which of the course undercuts his entire big lie that all of a stolen election. we previously learned that trump was gleeful as he watched the violent insurrection unfold on tv. >> all i know about that days that he was in the dining room gleefully watching on his tv as he often did. looking at all the people fighting, hitting a wind, watching it again. >> hitting rewind? like watching a football highlight. as the associate press reported today at one point the president was confused when staffers weren't as excited as he was watching the unrest unfold. we also learned that some of trump's presidential records were packed up and move from d. c. to his mar-a-lago residents. in an apparent flagrant violation of presidential records act.
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that is, those are the records that still exist. we also learned that some of trump's records, relating to the investigation into the insurrection had to be taped back together after they were ripped apart. and some of them cannot be recovered at all, because well, as we just learned some of trump officials -- so burn bags. where they were destroyed rather than preserved. in turn bags? wonder why the trump administration was actively moving and destroying records. including those related to the investigation of the sixth. while trump's a boxy, knows no bounds it's worth mentioning. i feel duty bound to point out. this conduct of improperly destroying, otherwise destroying record is of course exactly what donald trump accused hillary clinton of doing in the 2016 election. and gallons of ink, and hours, and hours, and hours hundreds of hours thousands of hours. 10,000 of hours of news coverage dedicated to hillary clinton's emails server management. our document retention record the of the state department emails. it's fair to say that it probably helps when the -- then turn around and start
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putting records in burn bags to be shredded. and again, these are just a recent headlines. i'm just taking you through the last, week okay. there's been 52 weeks of headlines like that. enough for us -- on this very show. but, at the same time as the facts look worse, and worse, and worse and trump's gil absolutely. his conduct depraved and -- the republican parties come even more under his way. because again, remember, for a moment there in the aftermath of the attack and look like his influence over the party had actually waned. really felt like trump might actually cast aside, or forgot about, or exact sealed from power but. that was until republicans decided that actually, -- at the time of the attack, the republican national committee. the official body of the republican party.
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they released a statement reading quite sensibly quote, members of the republican national committee strongly condemned the ally lands in and around the capitol. these violent scenes that we have witnessed do not represent acts of patriotism, but an attack on our country and its founding principles. our founding founders established nations of laws, not a nation of anarchy. we call for all those involved to law officials to help restore order in our nation's capital. that was a year ago. -- over the past year because just last friday the committee overwhelmingly approved resolution centering representing liz cheney, and adam kissinger from and -- a resolution that contain language calling the insurrection the action that they condemn just a year ago had political legitimate political discourse. and they were lawmakers themselves the, republican politicians that were finally feeling free from the former president spoke out against them in the hours and days after the six.
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only to revert back to his side in the next months. >> the president bears responsibility for wednesday's attack on the capitol. he should have admittedly denounced the mob. we saw what was unfolding. these facts require immediate action. for president trump. who accepts his share of responsibility, quell brewing unrest. and to ensure president biden is able to successfully begin his term. >> when i talk to president trump, i was the first prevailing context when the riots were going on. wet he ended the call he was telling me that he was putting something out to make sure to stop this he put a video out the. terry just attack on the capital's dismissal yesterday the language and rhetoric crossed the line and it was reckless. i disagree with it. and i have disagreed with the president's language and rhetoric for the last four years. >> while thousands of people that were standing to defend
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this country on january 6th. that exact moment i was standing on the senate floor objecting to the election results. on the one leading the fight in the set against this -- >> trump and i we've had a hell of a journey. all i can say is count me out. enough is enough. if you're a conservative, this is the most offensive concept in the world that a single person can disenfranchise 155 million people. >> it is his not my nation if you want senate he will be in the white house in 2024 if he runs a discipline campaign. >> -- congressional reporter from politico this. pete this is about backlash -- kinzinger. insurgency, the republican lost their party and got everything they ever wanted. which is on bookshelves tomorrow. welcome to you both. >> jeremy i'll start with you what you're brooke chronicles and what it describes in the opening of the show. i think a fair minded reading is that it looks worse for donald trump's ability over the past year. what happened in the capitol was even worse i think then
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more people realize at the time even the aftermath. and yet his power is at a higher point i would say that it was a year ago. what explains? that >> would explains, it chris, is that donald trump has fundamentally alter the character of the republican party. we've seen this happen over the last 56 years. it's been disputable. i've seen as you have time and time again, a national review and editorial here, a critical comment from a senator that is mostly -- donald trump 99% of the time there. and it always ends and up turning around. because the republican party, politicians fear trump's voters. i think really a lot of them believe that they don't understand trump's voters. until the voters say, enough is enough donald trump. republicans and congress won't
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take that step. and just look at mike pence, mike pence for five years was donald trump's guess man. he stood by generating access hollywood, charlottesville, he stood by during the first impeachment. even on january six, there was really very little in the way of pushback. almost none that i can think of publicly. you have mike pence saying just a few months ago, that january 6th was quote, one day in january. so to hear him say what he said over the weekend about donald trump being wrong which by the way was met with dead silence at the federalist society when he spoke those words. i think shows, the argument that i had made in my book which is that trump has never been very far from the surface in the history of the republican party.
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he didn't bring anything inside the big gop -- lady dead bring that up, and radicalizing those emotions. that populist thanks. he showed republicans that there is a way forward without the model that might pants represents. especially when it comes -- to evangelical christians. there's a chapter titled, give them what they want. and that refers to a lot on the donald trump uttered to mike pence's chief of staff martin short about what he was going to do for evangelical christians. he was gonna give them everything they wanted. he knew that but he did, that they would keep supporting. and he did that and in the process he obliterated the model of social conservatism,
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evangelical that mike pence has been -- represented in republican party. because they learned that they didn't need somebody who was one of them to get what they wanted. >> olivia, the resolution passed by the rnc was a striking event to me. the language was really striking. they lamely tried to back away, some reporting that mitt romney texted -- his by and large though despite the fact that you have one of the -- official committee characterizing a violent insurrection as legitimate political discourse. not a lot of backlash, no donors writing away, no big moment of. >> we did talk to some republicans. senate house republicans are saying why did you feel the need to do this? if we're looking at the last year there was a ton of gop division or the future of the party. you saw the republican conference in the house kick outlets cheney because she was repeating her criticisms of donald trump and it didn't reflect where the conference was. now you have them taken this
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extra step, undermining the message or efforts -- as they head into the midterms. all for wet? to show that there are a party that is tethered to donald trump. that is what this is aim towards. going after guessing her, liz cheney, and it really kind of undermines what they're trying to focus their attention on, and so yes, what was the purpose? to cater to the trump base. >> you saw desantis in florida asking who's right, mike pence or donald trump? just wouldn't answer. to me it's sort of a strikingly unanswerable question. i wonder if the hammer lock is as tight as ever or do you think there is room there? kristie attack on -- i do think that republican
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elites are sick and tired of this at a personal level. they find it annoying. but that's not enough to actually produce some kind of backlash. but i wonder if you think the hammer lock is still as tight as it's ever been. >> i think to say that donald trump has a lock on the republican party forever or even till 2024 is something that we just can't know for certain. i think if you look at the modern history of the republican party you will see as i try to lay out in my book, it's a history of insurgency. it's one in which the republican establishment, which let's face it, right now, that is donald trump. self destructive elements into the party, trying to give them power and it's always turned around and bitten them. they've never been able to control, it no matter how hard they try. i don't think, chris, that donald trump is immune from that.
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i think you look at marjorie taylor greene, and she goes on teen steve bannon's podcast and says i'm the voter. she's not wrong. she's not every voter, but she does represent love awful lot of voters. those voters are to the right of donald trump. as we know, he got booed for touting the vaccine that he helped push into development. so there's something discordant between him and his base right now. i don't think we could release a how serious it is and it could be for him, but i wouldn't rule out the possibility that donald trump ends up like john boehner or john mccain in the jaws of another insurgency from the right. >> yeah. libya has some great reporting about how that might look like in terms of the insurgency of the sort of matt gates is -- taking over the agenda of the republican house to kind of --
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olivia beavers, jeremy peters, thank you both. yesterday the mayor of ottawa and canada declared a state of emergency after more than a week of this. that is a convoy of truckers and protesters who have taken over the downtown area of canada's capital city. they block traffic lane on their horns all day long in protest of the vaccine mandates. america's right-wing politicians are happily turning him off that story. that's next. 's next.
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plus, 0% interest for 24 months on all smart beds. only for a limited time days of this pandemic the u.s. has been distinct in the number of citizens and political leaders fighting against public health. in the spring of 2020, the pandemic was raging. and it's essential apex. armed protesters, there was a storm government building and -- designed to keep people from getting the novel coronavirus. then of course president trump rooted them on. he said liberate minnesota, michigan, virginia. you're great second amendment is under siege. that opposition, the lockdowns, mask mandates, other basic public safety measures became the default position of the republican party. as a direct result, the u.s. has been among the most vaccine resistant countries in the world.
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we've used this chart before where they serve a people asking if they got a vaccine, plant two or are unwilling. the dark green represents those who are unvaccinated, light green, planning to getting vaccinated, yellow are uncertain and the red is something to keep your eyes on. the unwilling. the hard-core anti-vaxxers. as you could see we are -- u.s. and russia, the two outliers at the top in red saying absolutely no. this culture of right-wing anti public health measure politics is no crystallized in other countries as well. last month and canada, some truckers, a relatively small group of truckers, given how many truckers are in the country, began protesting new regulations by both u.s. and canada requiring travelers crossing the border by land to be fully vaccinated. but as new york times explains, the movement has turned into a catch on movement for a variety of the anti government causes, laying deep resentment with canada's political right. yesterday the capital city of ottawa declared a state of
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emergency due to ongoing protests, but it essentially just a covert part of the cities downtown area. >> for ten days it's been relentless. sirens at all hours. a state of emergency won't stop that. simply cut red tape at city hall to get equipment faster. it comes in stops and starts? >> yes. it's absolutely impossible to ignore. >> american anti vax -- helped fuel these protests. thirsty republican politicians are happy to capitalize. watch how eagerly senator ted cruz tries to get next to those courageous canadian truckers. >> let me say, the canadian truckers are heroes. they are patriots and they are marching for your freedom and for my freedom. they are those truck drivers, god bless them, they are defending canada, but they're defending america as well. >> i'm sorry. i just read the transcript, but
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hadn't actually seen it, how thirsty he was. of course, senator cruz is not alone. house minority leader kevin mccarthy tweeted his support for the truckers while florida governor ron desantis is selling products saying truck, yeah. of course you'll remember from his time at the white house that donald trump loves a big truck pr stunt, so last week trump invited the protesters to his new social media platform and called canadian prime minister justin trudeau's government post the mandate a far-left lunatic. a filmmaker and professor -- he ran -- he joins me now. avi lewis, give us a sense of where the domestic sense in canada's of these protests and the context more broadly about how the nation has battled covid. >> right, so i mean this is kind of our insurrection by air horn moment.
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i think it's part of the globalization of trumpism, frankly. we have seen the gofundme was the eighth largest gofundme in history. they raise $10 million in a little over two weeks. there's no way there's that much money in canada. so this is an expression of far-right populism and far-right organized that goes far beyond our borders. that said, it's really important for whatever any of us get on american tv to disabuse you of your very necessary but inflated liberal romanticism for canada. the country was shaken, a country which is normally known for its, let me get this right, shake in a country known globe globally as a model for humanism and serenity. now folks -- >> avi! that is how i think of you. >> thank you. personally, i'll take it. although, i don't demonstrated. canada has universal public health care. that's important. in the early days of the
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pandemic i was living in new jersey. we fled home and we flip trump 's first wave, because it was horrific. when we arrived in canada there was much more sensible public health measures. there was a course two and a half years, canada has gravitated towards businesses usual. keep things open. individual responsibility. vaccination is the sole response. mandates and away from the collective responses, like universal paid sick leave, that we have the money and the political culture and will to do. so focusing on individuals, people don't know why they could go to a hockey game with 10,000 people, but they can't have christmas with their families, and we are seeing this resentment boil over. there are neo-nazis in the streets and neo-nazis organizing these protests and it's a function of this moment of a vaccine victimization, the anti vax movement. it's actually one of the rare times in history where you see swastikas and yellow stars at
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the same protest. there is a lot in there, chris. >> yeah, i mean you highlight two things that are really interesting to me. one is americans, we tend to make everything about ourselves. it things happening in other countries. but there is a degree to which the u.s. form of maga trumpism has really been exploited, and we see it and other parts, particularly the english speaking world, but around the world. that's happening. then there is also countries having a roll right right wingers. the third thing is people are pretty sick of two years of a pandemic and it's driving everyone a little nuts. all of that seems like it's coming together here in this. we should say the context. the vast majority of truckers in canada, 90% are vaccinated. the team stores are saying they're proud of that. the so-called freedom convoy is a display of hate. shamefully encouraged by elected conservative politicians do not reflect the values of teamster's canada, nor the vast majority of our members, in fact it has served to delegitimized the real concerns of those -- who are some complexity there as well. but this is gone on for a long time in the nation's capital city. i'm a little taken aback by
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that. >> it was very disturbing although not surprising for racist organizers and black lives matter organizations are 's and indigent -- indigent indigenous -- it was video that showed up. it was a fire in an apartment building. taping the doors shut. this is really -- and the air horns and the racism -- it's been awful. the police have worn a whole hanging hand wringing through their kids gloves. they were panicking. doing nothing. and too many sympathizing. but now there's a state of emergency declared trying to work it out. the federal government, the prime ministers missing in action. this is happening in the nation's capital. it has its own police force in
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the city of ottawa, but the federal government is just like staying far away. this is creating a political vortex in which the right-wing party in canada, the conservative party just ditched its leader, and now all of these individual list policies around, and the frustration that people have, and public health officials in canada kind of giving up at this point on real collective measures to help people through the pandemic. we have an opening for far-right takeover in the right-wing political space, and we've seen what it does in your country and it's not a happy picture. this is a moment of real political consequence in canada and convoys plan throughout europe. this is the latest thing. the whole trumpism. we are the first to get it because we are right next door, but it's gonna be a real ongoing story. >> yes, it's very well said. avi lewis, thanks for coming on. coming, up the ongoing assault on americas classrooms from white washington history to suing teachers. how far is ron desantis prepared to go?
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that's next. 's next.
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posing certain schools as we want all the kids treated is individuals. we want them judged on their content and their character and on their talents. we don't want them separated into racial groups and pendant against each other. every single kid as a floridian and american. that's what we want to make sure, and we've got to stop dividing people and we've got to stop teaching our kids to hate our country. that's our mission and we make sure that we will get that done. >> that was florida republican governor ron desantis doing that republican thing, quoting the same one martin luther king lying, or half of one in order to justify a push to kind of make teaching black history illegal in public schools in florida? more than 20% of florida residents are forewarned. half the population is asian black and latino people. of course the desantis plan is about something else entirely. in florida there entirely multiple bills in the
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republican control state legislature that would forbid teachers doing lesson plans -- not implied that any individual is inherently racist sexist or -- desantis's agenda quote to give people the right to sue schools and teachers of her with they teach based on student discomfort. the proposal legislation so far-reaching could potentially impact businesses and training as well. florida state senator shevrin jones as a democratic represents parts of florida and miami-dade counties. he spoken out against these latest bills and joins me now. senator, first, white has passed so far? what has the governor done and what is he planning? let's start with what has happened and talk about what's being proposed. what has he done so far? >> he's done a lot, chris. thank you so much for having me. we have already passed an
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individual freedom bill that you just talked about here in your introduction. tomorrow we will vote on bill 18 -- don't say gave ill. there's a lot of different legislations that are coming to the legislature based on government desantis's rhetoric that he has traveled the country, and frankly the state of florida saying that he will do -- right now the republicans are doing just that. >> whether the effects in? a lot of this language and's up being intentionally kind of squirrelly or and the u.s.. i'm going to read you a portion of the espy 1:48 and we could talk about how it's catching out and relied. instructional personal may facilitate discussions and use curricula to address, in an age of appropriate manner, the topics of sexism, slavery racial oppression, racial segregation and racial discrimination. however, classroom instruction and curriculum may not be used to indoctrinate or persuade students to a particular point of view, inconsistent with the principles of the subsection or state academic standards. how do you go about dealing
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with that if you are making a curriculum or teaching a classroom? >> it's very difficult and it also puts teachers at a disadvantage, because when teachers are doing their lesson plans, now the teachers don't know what they can or cannot say. republicans can't say we want you to teach black history all we want you to teach us to, but then you give me the instructions on how that looks. it's either or. either i can teach iterate can't teach history. let's say you want to take it a step further. a lot of the information that we see as coming in a lot of these committees and will soon make it to the floor. a lot of these things are not necessarily. there are non issues that have been made issues based off of what is -- the governor's base. i promise you it's doing exactly what they wanted to do. it's sending teachers out of the classroom. making parents questioning whether or not they want to keep their child in a public school. some of them are pulling them out. it's made for a whole bunch of
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chaos that has taken place right now in our state. >> you just mentioned this new proposed legislation. one of the things that i think is interesting as we've seen it in every state. starting with critical race theory, moving towards sexuality and gender and sexual orientation. time and time again we've seen it. we've even got something like old school judy blume controversies happening in a bunch of states. this is the newest one here. this is 1834 which he would characterize as the don't say gable. a school district may not encourage classroom discussion about sexual orientation or gender identity and primary grade levels or in a manner that is not age-appropriate or developmentally appropriate for students. a parent of a student may bring an action against the school district to obtain a declaratory judgment that a school district procedure or practice violates the paragraph and seek injunctive relief. the remedy their strikes me as incredibly radical and debilitating for schools. >> yeah. 100%. we are going to find yourself
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in is -- teachers -- no school district are going to know it can and can't be said. it puts teachers at a disadvantage. let's be clear, the conversations about gender identity and sexual orientation or not taboo topics to be regulated by the florida legislature. so this bill is rich coming from a party that conveniently wraps itself in small government rhetoric. right now they're doing everything but that. they want to be in the household. they want to be in the schools. they want to be in local governments. this is not just what's happening in florida right now into wet everything is a top down approach that is coming from the government management down to the legislature and expecting people to follow these rules. governor desantis's rules. >> how much is the audience for this floridians and how much of it is a national political republican primary audience? >> all of it is a national agenda that's happening right now, that the governor is preparing himself to run -- it's the continuation of what
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donald trump has done before he left office, and that was building up a base based off of this crtc, lgbtq community, basically attacking the most marginalized of our country and more practically our state. florida is a very diverse state. 22 million people live here. you would think that he would be the governor of all, but it's none the wiser of what is happening right now in the state of florida. >> all right, state senator shevrin jones serving on the education community in the florida state senate. thank you very much. >> thank you. >> tonight, just a few hours ago the supreme court will turn stunning decision that will turn a serious blow to the voting rights act. we will tell you what happens next. next
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the good news is that as bad as things are around d. c. the, good news is we are gonna get the house back. we are gonna get the house back. that is a done. deal we have everything working in our favor right now.
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we have redistricting coming up, republicans will pull most of that process in the states around the country. that alone should get the majority back. >> there is a time when it seemed obvious to just about everyone -- that republicans would essentially redraw themselves back into power. by tweaking congressional district lines here in. there for about a month after -- made those remarks they found that gerrymandering in just four southern states with sweep republicans back in power. -- just build safely republican conclave. but, we concurrent -- things have not quite been working out that way for republicans do in large part to former attorney general eric holder, elections attorney jeff elias, and a whole bunch of other groups working in the trenches on all levels. north carolina court says, heavy gerrymandering voter by republicans in that state. but a win for a group associated with holders national democratic -- in ohio, last month there was a similar tossing of republican
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drawn maps that went from elias to is a fight against excessive partisan gerrymandering. the pennsylvania supreme court is taken over the redistricting process there after democratic oven or vetoed the republican control general assemblies redistricting plan. it is all been enough for political reports, dave wasserman, to ship cast for november ever so slightly in democrats flavor. it's also shown that they could be up to 2 to 3 seats. now, let's be clear there's plenty of forces working against democrats to maintain the majority. not least the presence of approval leading the dynamic of the party power. not to mention the election, the judicial firewalls republicans installed under donald trump. and there's breaking news tonight on a supreme court decision that allows alabama, of course control by the republican party to keep voting maps. which district court federal judge said disenfranchises black voters. they're basically going over the head of that federal judge, ruled that -- voting rights act.
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it's a huge blow to what's left of the voting rights act under trump court. that said, things are still better than they could be in many ways. the efforts to work towards an even playing field had been surprising success so far. good reminder to maintain american democracy a whole lot of continued effort. sometimes the importance. we i'm jonathan lawson here to tell you about life insurance through the colonial penn program. if you're age 50 to 85, and looking to buy life insurance on a fixed budget, remember the three ps. what are the three ps? the three ps of life insurance on a fixed budget are price, price, and price. a price you can afford, a price that can't increase, and a price that fits your budget. i'm 54, what's my price? you can get coverage for $9.95 a month.
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one-liner today that captures my feelings about how we've been trying to cover here on this program. the headline, somewhat cheeky. the economy is good, actually. written by the fantastic economic journalist -- carter. he wrote the price of peace, biography of economists john maynard king. a book i highly recommend. of course it's keynes's theories that helped guide the world out of the great depression. he also got the economic policy we have seen during the current recovery. huge amounts of fiscal stimulus and federal spending. in fact, as quarter notes the federal government spent far
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more money over the course of the pandemic than it did in the response to 2000 a crash, and spent more than money on ordinary families. the results of all this hard tangible. the child tax credit expansion cutting child poverty in half. for workers the 467,000 jobs created in january, more than tripled than was expected, workers leaving their jobs for veterans that record levels, raising low wage workers pay even after factoring inflation into the mix. even bankruptcies dropped by 24% in 2021. that is all the way over to the right. that is the lowest point per personal bankruptcy in decades. that's a 25 year chart and it's never been lower on the chart. the question i have is why won't the left take credit for such an incredible accomplishment? as carter wrote the piece joins me now. zak, first make the case. i make this case a lot. i think you and i are in a sort of small cohort in a lonely group trying to make this case. i think partly because both you and i went through the
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ideological battles of the great -- the failures of -- prolonged misery that was unnecessary because of the sort of austerity argument. give me the sort of short elevator pitch version of why the economy is doing good, actually. >> the last crisis, it took us ten years to get to this point unemployment after the crash. unemployment is currently 4% and it's been about two years since the beginning of the pandemic. this time around the crash was much more severe. millions of businesses shut down with the unemployment rate going higher, well over 40% compared to 10% last time around. it was a deeper crash and the action in the real economy in a lot of ways is even worse. the pandemic is still going on. we are still living with the omicron wave right now. there are a lot of reasons why
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this crash should have been really really terrible. there's been a lot of hardship a year ago today 15% of american parents were saying they did not have enough money to feed their kids. that's five times the typical rate in the united states. that's not happening right now, because we spent a lot of money and we spent a lot of money on american families. that doesn't mean economies without its problems. it's just the sort of menu of options that you had a year ago, two years ago. this is far beyond anything that i thought was even remotely on the table. >> yeah, and i mean we've reentered universe in which we are thinking about trade-offs between unemployment and inflation, right? tightly remark it's. higher inflation. lower inflation and higher unemployment. that's an old trade-off that used to be very embedded in our thinking about this and it's sort of when way a little bit because it seemed like we've wrinkled out from that trade-off. but when you look at the politics of this economy, the president's approval rating is 41. 7%, 52. 9% -- the latest nbc news pulling on the economy, it's 60% disapproval, 38% approved.
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i think one theory here that someone said to me is look, even when unemployment is high most people are employed who want to be employed. even in high unemployment. every single person is dealing with prices. it's a political potency to inflation and prices. supply chain disruptions that just wash out everything else. what do you think? >> i'm sure that's a big part of the story. the polling is consistent. people are unhappy with the state of things. if you look at the growth over the past couple of years, the wages have been good but inflation has eaten away at that. to top two thirds of the economy. that's a lot of people. if you look over the course of the pandemic, not just the last year, it's about even overall, but still, people don't like inflation. it's been high over the last six months. obviously, that's taken a bite
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out of things. one thing i want to emphasize that the supply chain element of the inflation, which is obviously a major major driver, because this is a global one, not just in the united states. it's not exclusively a response to u.s. policy decisions. the supply chain problem here is in park brought on by the latin investment in economy which is a result of running the economy twofold, of not having enough demand in the economy. the supply chains are probably because the people are cutting costs in order to be able to -- razor-thin margins instead of trying to build resiliency. we've seen over the last year is a lot of offshore activity. companies building factories in the united states to make things here so they have a more security in their ability to build these things. in the last 2025 years, that was in a suspense that companies felt they could not afford, because we did not have enough demand an economy. the way through this, people don't like inflation, that's true, but the way through this, to solve this problem is actually to keep the momentum going. keep the economy running hot. >> we've seen, aside from competitors, all sort of interesting stats. i shared personal pan
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bankruptcy. people are starting their own businesses. that's way up. productive investment at capacity, there's lots of things happening even below the kind of headline numbers that are encouraging about what kind of economy we want to have in which basically people don't feel forced to take whatever job they can find fundamentally. that really was the kind of defining psychological feature of a lot of the economy through the long recovery from the great recession. that has been removed in a remarkable way. >> it's really, i think, people underestimate the extent to which the assumption any economics profession and by a lot of policy makers, to get people to do work they have to be on the edge of substance. something terrible has to happen in order for them to do low wage work. but the wages have been going up and job openings have been closing with a high wage high demand economy. i'd like to point out the changes that happened when you have a high demand economy like
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the one we have right now, if you sustain at these changes last a long time. this isn't like some sort of sugar high for a little while and you pay for it later in some way. you get benefits down the line from high investment. you bring back manufacturing to a lot of these areas. you don't just get the manufacturing jobs. we're seeing in real estate right now there's a mini real estate move going on right now for office space, because all these warehouses have to be built and to be leased and all this office space has to be built in order to deal with the demand and manufacturing activities. it's not just that you get the manufacturing -- you get the sort of smaller local economies back up and running in a more diverse way, which creates more opportunities for people, which i think is the sort of long term well-being that people want to get from work and the economy and a few choke off the recovery too fast you won't get those benefits. >> one of the brilliant incredible insights of cane is that the basic it doesn't have to be this way, people don't need to starve. it doesn't have to be miserable and that drove the economists at the time that, but he was
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correct about it. those economist reasserted their sort of orthodoxy time and time and time again and reasserted it during the reception -- recession to the tremendous damage to a lot of people. i'm glad that we disposed of this. this time around i'll be on the ideological victory in jurors. zach carter, the price of peace book on canes is a ministry. check it out. thanks, zak. >> thanks so much chris. that's all in on this monday night. the rachel maddow show starts now. >> you did it again. >> you're talking economic. for saving our velshi block from the last lot.
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>> i love it, have yourself a great night will see you tomorrow. oh thanks you at home for drove-ing us for this next hour. rachel's on hiatus, but as she told you before she left she will be here in a few weeks for the state of the union address. and that is scheduled for march 1st. it will be joe biden's very first state of the union address as president. not to be confused with the address last year which was made to a joint session of congress. and that's because when a new president gives a speech to a joint session of congress, shortly after taking off, it's technically not a state of the it's technically not a state of the union address. so next month will be his first state of the union address. as president. obviously, it's not going to be the first one he's attended. in addition to being in congress for decades, as vice president, he sat behind president obama for seven state of the union addresses so he is very familiar with the view from up on the dais. and the most memorable thing about the president obama memorable state of the union 2014 address when one of his pointing and

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