Mamdani’s Bad Ideas, Part 2: Free Buses, $30 Minimum Wage & Rent Freezes — Transcript

Full transcript

1. 0:00Socialist politicians are on the rise.
2. 0:03>> I'm running for mayor.
3. 0:04>> This Democratic socialist will probably
4. 0:06be the next mayor of Minneapolis. And
5. 0:08socialist Zoron Mandani is likely to be
6. 0:11the next mayor of New York City.
7. 0:13>> We have to continue to elect more
8. 0:16socialists. And we have to ensure that
9. 0:20we are unapologetic about our socialism.
10. 0:22>> But they should be apologetic. Socialism
11. 0:25always fails. In my last video, I
12. 0:28covered some of Mom Donniey's bad ideas,
13. 0:31but he has more. So, I made this second
14. 0:34video.
15. 0:35>> This campaign is for every New Yorker
16. 0:37who believes that government's job is to
17. 0:39actually make our lives better.
18. 0:41[Applause]
19. 0:43>> Mandi says he'll make our lives better
20. 0:46by giving us free stuff.
21. 0:48>> I'll make child care available to all
22. 0:50New Yorkers at no cost. I like where he
23. 0:53stands on um freezing rent um making
24. 0:56public transit uh cheap and free
25. 0:59>> child care universal at no cost to New
26. 1:01York family.
27. 1:01>> Buses fast and free for every New York.
28. 1:04>> And yet he has noticed that government
29. 1:06doesn't do a great job. Now
30. 1:07>> these are the slowest buses in the
31. 1:09country.
32. 1:10>> Buses and subways are a good example of
33. 1:13socialist confusion about what makes
34. 1:15things work. I ask people, who do you
35. 1:18think built New York City subways? I
36. 1:20think it was the government either
37. 1:22President Eisenhower or maybe like a
38. 1:24mayor.
39. 1:25>> Union workers.
40. 1:28>> It's logical to think that public
41. 1:30transportation is something that must be
42. 1:33done by government. Who else could
43. 1:35afford to dig tunnels and create this
44. 1:38system where everyone, rich and poor,
45. 1:41ride for relatively little money? No
46. 1:44private business would do that. the
47. 1:46greedy owners wouldn't be able to charge
48. 1:48riders enough to make a profit. But
49. 1:51actually,
50. 1:51>> the original subways in uh New York were
51. 1:54all private.
52. 1:55>> It carried tens of millions of
53. 1:56passengers.
54. 1:57>> Private companies built most of the
55. 1:59subways. Then after 50 years, they said,
56. 2:02"Let's raise the fair from a nickel to a
57. 2:05dime." People didn't like the idea of
58. 2:07paying a higher fair. Uh and the mayor
59. 2:10took advantage of that and said, "Well,
60. 2:11fine. The government will take it over
61. 2:13and we won't raise the fair." But of
62. 2:15course, government did raise it. Now a
63. 2:17ride costs almost $3. And the subways
64. 2:20have problems.
65. 2:22>> Tunnels are deteriorating. Delays are
66. 2:24inevitable.
67. 2:25>> And when government tries to build new
68. 2:27subways, they struggle. This one was
69. 2:29supposed to be done in 1938.
70. 2:32Then they said 1980. It's still not
71. 2:35done. And it's already the world's most
72. 2:38expensive subway line. They work so
73. 2:40slowly that the subway cars built for
74. 2:42it, cars that cost a million dollars
75. 2:45each now won't be used because they no
76. 2:47longer fit the tracks. That's what you
77. 2:50get when government runs things. The
78. 2:53socialist politicians also say they'll
79. 2:56make workers lives better by raising the
80. 2:58minimum wage to $30 an hour. That's
81. 3:01popular. Last year, California's fast
82. 3:04food workers celebrated the new $20
83. 3:07minimum wage. My workers, we did this.
84. 3:13>> But when companies have to pay even
85. 3:15beginners at least $20 an hour,
86. 3:18>> Pizza Hut preemptively laid off 1,200
87. 3:20delivery drivers like Michael O'Hada.
88. 3:23>> What's the point of the raise if you
89. 3:24don't have a job anymore?
90. 3:25>> 18,000 fast food jobs vanished while
91. 3:28other states added jobs. Also, consumers
92. 3:32have to pay more. Restaurants in the
93. 3:34state have increased prices by 10%
94. 3:36faster than all other states.
95. 3:38>> It's just supply and demand. Socialists
96. 3:41can force businesses to raise wages, but
97. 3:44there's no free lunch. Employers respond
98. 3:47either by raising prices or replacing
99. 3:50workers with machines like Flippy.
100. 3:53>> Flippy can cook everything from French
101. 3:55fries and onion rings to cheesesticks.
102. 3:57White Castle said it plans to add 100
103. 3:59Flippies to its kitchens nationwide.
104. 4:01Finally, here's one more socialist idea
105. 4:04that repeatedly has done more harm than
106. 4:06good.
107. 4:07>> We freeze the press.
108. 4:09>> Activists like that,
109. 4:13>> but they only like it because they don't
110. 4:15realize it creates shortages everywhere.
111. 4:18It's been tried. St. Paul, Minnesota
112. 4:21imposed rent controls,
113. 4:22>> the most stringent measure in the
114. 4:24country.
115. 4:25>> So, in St. Paul's twin city,
116. 4:26Minneapolis. Socialist Aisha Chugtai
117. 4:29said,
118. 4:30>> "I want us to to follow their lead."
119. 4:33>> She's now vice president of the
120. 4:34Minneapolis City Council. But when I
121. 4:37interviewed her, she didn't even know
122. 4:39that rent control stopped most apartment
123. 4:42building in St. Paul. Builders still
124. 4:45build in Minneapolis. Building permits
125. 4:47were up 65%. But in St. Paul, they're
126. 4:50down 60%. because of rent control.
127. 4:54You're not going to get more apartments
128. 4:56by pushing this.
129. 4:59Her silence reveals so much.
130. 5:06I mean,
131. 5:07>> don't politicians research issues before
132. 5:10imposing government force on others.
133. 5:13I'm going to maintain that guaranteeing
134. 5:16housing for people and making sure that
135. 5:18they can stay in their homes matters
136. 5:20more than anything else does.
137. 5:22>> They just don't get it. I'd love to ask
138. 5:25the man who's probably going to be my
139. 5:27new mayor, how will your socialist
140. 5:30policy succeed when every other
141. 5:33socialist government everywhere in the
142. 5:35world has brought misery and poverty? So
143. 5:39far, he hasn't responded to my interview
144. 5:41requests. It's too bad. So, Ryan, you're
145. 5:45just down the street. Come here. Defend
146. 5:48your socialist ideas. Our studio here is
147. 5:51open to you.
148. 5:54Unlike most of the media, we at Stell TV
149. 5:57believe in limited government. If you
150. 5:59want to help us defend that idea, please
151. 6:02click that button.
152. 6:06[Music]