Donald Trump and the Republicans in Congress set a July 4th deadline to pass a spending package the President and others gave the moniker the “One Big, Beautiful Bill.” Getting the measure to the president’s desk hasn’t been plain sailing - the Senate version passed this week only with a tie-breaking vote by Vice President JD Vance. Now fiscal conservatives in the House are battling over some of the details, but it seems likely to become law soon enough.
On this episode of Free Expression, Gerry Baker speaks with economist and former director of the Congressional Budget Office Douglas Holtz-Eakin about the bill’s likely positive impact on the economy as well as the nation's dire fiscal situation, how the nation’s budget challenges still require reform of entitlements that seems politically elusive, and what this signature piece of domestic policy says about the direction of Trump’s Republican Party.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
24:48
--------
24:48
Is New York City Ready for a Democratic Socialist Mayor?
A shockwave rippled through New York politics this week as little-known 33-year old assemblyman Zohran Mamdani toppled Andrew Cuomo, whose political lineage could not compete with his scandal-ridden tenure as governor, to win the Democratic primary nomination for the city’s mayoral election. Mamdani mobilized a coalition of young voters, ethnic minorities and others behind a hard-left platform that called for even higher taxes than New Yorkers already pay and expanded government programs. He has voiced strong support for Palestinian causes and has called to “globalize the intifada” whatever that means. Meanwhile, current mayor Eric Adams plans to run as an independent as a way to head off the new young radical’s path to Gracie Mansion. What does Mamdani’s stunning success say about Democrats - in New York and in the country as a whole.
On this episode of Free Expression, Gerry Baker and political analyst Heather Mac Donald look at some of Mamdani’s more radical views, break down just who voted for each candidate, and what the latest far left Democratic plans for a major city may do to New York’s economy and financial sector.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
38:19
--------
38:19
A Turning Point in Middle East History
Israel’s air assault on the heart of Iran’s nuclear program has shifted the balance of power in the Middle East. Iran’s bid for regional hegemony and the survival of the Islamic regime itself is now under serious threat. But can Israel finish the job on its own or does it need the U.S. to tighten the vise on Teheran? While Donald Trump still says he wants to see a deal made, his administration is also weighing whether to join Israel’s assault. As the conflict continues, who will eventually define the future of the Middle East? On this episode of Free Expression, Middle East policy analyst Marc Reuel Gerecht tells Gerry Baker how much more assistance the U.S. should provide Israel, how Russia and China are reacting to the conflict, and how Iran’s future might look.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
36:50
--------
36:50
Barry Diller on a Life in Hollywood
Few people have lived the entertainment world like Barry Diller. Over 60 years in the business, he has run movie studios and TV networks and most recently built a portfolio of digital media properties. In the process he has seen the sector move from a studio-and producer-driven model to the increasingly tech-dominated business it is today.
On this episode of Free Expression, Diller speaks with Gerry Baker about his life in the entertainment business, how modern tech domination has diminished the value of creativity and why Hollywood went woke and progressive. Discussing his newly published memoir, “Who Knew?,” he also reveals what he calls the “sexual nuance” of being gay while being married to a woman, his wife of 25 years, the fashion designer, Diane Von Furstenberg.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
33:17
--------
33:17
Can the U.S. Avoid an Oncoming Debt Crisis?
The House of Representatives has passed Donald Trump’s “Big Beautiful Bill” and now the Senate is pondering its version. Chief among the concerns for some senators is how much it will add to the federal debt. Already at $36 trillion, how much is too much? Are we on the brink of a major fiscal crisis? On this episode of Free Expression, Bridgewater founder and investor Ray Dalio talks to Gerry Baker about the risks of a debt calamity if bond markets take fright. They also talk about his new book, “How Countries Go Broke: The Big Cycle”, which chronicles the history of governments with unsustainable debt and offers his “3%”, three-part solution for ensuring fiscal health.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Based on his Wall Street Journal Opinion column "Free Expression," Editor-at-Large Gerry Baker speaks every week with some of the world's leading writers, influencers and thinkers about a variety of subjects. Baker will welcome his guests from the worlds of politics, philosophy, and culture for wide-ranging dialogues that will enlighten and fascinate listeners. Episodes will be released each week.
UK