This podcast is originally published by BBC Business Matters in this link with title “Donald Trump favourite to win New Hampshire poll”: https://www.bbc.co.uk/programmes/p0h6qtgx.
BBC’s Description:
Voters are set to select Donald Trump as Republican candidate in New Hampshire. Exit polls put him ahead of his rival Nikki Haley. We look at what this would all mean for the US economy.
Netflix pays 5 billion dollars for the right to stream WWE Wrestling. We assess what this means for the streaming giant which has also added millions of new subscribers.
Passengers traveling with Asiana Airlines on international flights will be weighed when they fly out for from Seoul. We hear why the data is being collected on travelers.
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Transcript
BBC
We’ve got two guests on opposite sides of the world, as always, Tony Nash from Complete Intelligence, who’s there in Texas. I’ve been checking out your X Twitter feed. You’ve been talking about your ironing board studio. Elaborate for us, Tony.
Tony Nash
Well, it’s nothing but the best high-quality studio for me here in Texas, Rahul. I have my laptop on top of an ironing board, as I’ve done for years.
BBC
Well, there we go. And I wanted to bring in Tony here. New Hampshire is different in a way, isn’t it? Because there’s a lot more, as you would say, the US electorate, many people say is now divided between college educated, non college educated New Hampshire, a bit more college educated than some of the other states.
Tony Nash
Yeah, New Hampshire is right next to Massachusetts. Massachusetts is a very kind of blue state. So I think what your guest said about New Hampshire is definitely not Iowa. It’s not the socially conservative profile that Iowa is. The interesting part about the New Hampshire primary also is that independents and democrats can vote in that primary for whichever party they want. And it’s a pretty split state. So it makes for a really interesting primary.
BBC
It does make for an interesting primary. Tony, is he reflective of something much deeper, which is a very divided us now, not just politically, but as Thomas said there, economically?
Tony Nash
I think to some extent, yes. I don’t believe the US in general is as divided as portrayed on social media or whatever. My neighbors, people I work with, I don’t necessarily think there’s the hatred that we see in clips on Instagram or whatever
BBC
That magnifies everything. But the economic divide that does exist, doesn’t it?
Tony Nash
Well, there is a huge amount of economic frustration in America. A lot of people feel like the national statistics are lying about inflation, lying about unemployment, these sorts of things. So people feel their own personal financial and economic frustration and they see the data and they say, that’s not, know those guys don’t go grocery shopping with me. They’re sitting in DC collecting these statistics. They have no idea what I’m going through. So there’s that from the economic and financial situation, from the political situation. I think in the middle of America, I think there is a general feeling that people are not necessarily represented in DC. And I think that’s on both sides. Look, we’ve got two 80 year old guys who are running for president. It’s really hard to relate to that if you’re in your in your 20s or 30s. Are those guys, if you’re in your in 20s or 30s, are you going to go out and vote? Are you going to be riled up to go out and vote for these guys? I seriously doubt it. And the other side of that is those two 80 year old guys. Neither of them will have to deal with the downstream implications of their policy decisions.
BBC
Yeah, that is an interesting point that you made. And you know what? We’re going to be talking about ageism a little bit later in the program. I’m not accusing you of ageism there in any way, Tony. Tony, there you are in one of the most important states when it comes to the US economy, Texas. How would people around you. Yeah, how would people around know, look at the fact of an increasing amount of tariffs being put on imports. Would it be welcomed or would they worry about the global implications of that for trade, which the US is central to?
Tony Nash
Well, I think what Rebecca mentioned about subsidies and non tariff barriers, I think is a really important, it’s a very boring point, but it’s a really important point to inject because I think people here look at the protective, say, trade barriers and these sorts of things and say, hey, we really do need to do something here in different industries. And a lot of American products companies have already started to move parts of their supply chains to places like Mexico. And there is an understanding that things will be a bit more expensive as we move to slightly higher cost countries. So this isn’t kind of a, hey, Americans don’t like China discussion, the reciprocity discussion, although Trump is a very imperfect vessel to deliver that it is a relevant discussion to have. And with China holding so much of global manufacturing and presenting such a risk to supply chains during the pandemic, it is a discussion that we have to have not just around reciprocity, but around the security of global supply chains.
BBC
Tony, I can imagine you must be in your 30s as well.
Tony Nash
I love you, Rahul. I’m 52.
BBC
- Well.
Tony Nash
Yes, sir.
BBC
We are now going to talk about ageism in the workplace before we listen to a report by Ed Butler Ray, familiar voice presenter on these programs, often on business daily. Is it something that you’ve noticed? Is it something that you see discussed? Tony?
Tony Nash
Well, I’ve certainly noticed it more since I turned 50. I know that ageism is something that is talked about a lot in Asia as if it’s unique to Asia. It is absolutely not. It is something that is an issue in America. At 52 years old, it’s really hard to look for a job. My friends in their 50s, if they lose their job, they’re terrified. Nobody wants to hire anybody over 50, regardless of the salary, regardless of the position, unless it’s in a shop or something. Nobody in corporate America and nobody in mid sized companies wants to hire anybody over 50. They will never say that out loud, but it’s a very uncomfortable issue.
BBC
It is an uncomfortable. Tony, are you a Mac man or are you a Windows man?
Tony Nash
I have never had a Mac in my life. I’ve never used a Mac in my life. I’ve never had an iPhone. So I am the unicorn.
BBC
You are the unicorn. Bringing back to where we started on ageism, Tony, if we do have Biden against Trump, then it certainly isn’t ageism there, is it? You got two men who, let’s say, are in the more elderly phases of life.
Tony Nash
Yes, they are a couple of 80 year old geezers running for president. Right. I think it’s certainly the primary process has led us toward some elderly candidates, for sure.
BBC
Get reactions from both of you. Rebecca first, then Tony, if you want to pick up after Rebecca finishes. Rebecca, how would you feel if somebody said to you, you’ve got to be weighed before you get on a plane?
Rebecca Choong Wilkins
Well, I have to admit, I am one of those people that is always trying to squeeze on an extra few kilos over my luggage allowance. I’ve always got an extra hard back or three and sometimes try and get away with it by slipping into a pocket and all that kind of stuff. So the thought of sort of being weighed and even just this sort of really sort of high level of scrutiny, overweight in some ways is my nightmare at an airport. Not just over me, but my luggage and my hand luggage and my backpack. That is sort of my nightmare scenario.
BBC
Tony?
Tony Nash
Yeah. So I’ve gone through parts of my career in my thirty s and forty s where I was on a plane 84, 85% of the time. And for me, it’s less of a hand or a carry on weight issue than it is a personal space issue. So I’ve been on a few flights where the person next to me was so large that they actually took up part of my seat. So I’m a fairly fit guy, but I have really broad shoulders, and if I pay for a seat, I need my seat. Right. And so I do think that there is a bit of respect toward the other passengers. And I really didn’t think it was fair that I would fly trans Pacific flights, and it was extremely uncomfortable. So I’m all for Asia on doing this. It doesn’t really bother me at all.
BBC
Okay, we’ve got a lot to get through in the last few minutes. We want to talk about Netflix. Now, they paid $5 billion to stream WWE Raw, pro wrestling’s most popular weekly show. Also, great figures come out from Netflix added more than 13.1 million subscriptions in the three months ending in December. Tony, people were worried whether the streaming bubble had burst. Clearly not. And their crackdown on password sharing seems to be working.
Tony Nash
Yeah, I think what Netflix has done masterfully is understood that consumers are feeling the pinch. And so they had ad based models come in that lowered that monthly cost. They spread it across a family, and so they’re getting ad revenue and subscription revenue. It’s absolutely brilliant.
BBC
Question for both of you, Tony, first, how many streaming platforms do you subscribe to?
Tony Nash
Oh, my gosh, 1234. Probably 4.
BBC
You need to check because I don’t think you know, really, do you?
Tony Nash
Well, my daughter pays for one and my son pays for another one and I pay for.
BBC
You not supposed to do that.
Tony Nash
We don’t share, Rahul.
BBC
What about you, Rebecca? How many have you got?
Rebecca Choong Wilkins
So I am, in this scenario, the daughter that is the sponsor of all of my family platforms. Two. Two different ones.
BBC
Two different ones. There we go. We’re going to come back next time Tony’s on, we’re going to ask him. We’ve written down, it’s four. How many actually.
Rebecca Choong Wilkins
Isn’t a blessing to have these loving children in your life, Tony.
Tony Nash
Yes, it is. Absolutely. Yes, it is.
BBC
It certainly is, Tony. She is the last one standing against Donald Trump. But for how much longer and how much longer will the money keep flowing into her campaign, do you think?
Tony Nash
I don’t think very long. I have to tell you. You know, Rahul, I’ve mentioned before, my youngest son is Indian, so I would love to see an Indian president in the US, but I just don’t think that she can do it. It’s a question whether she can win in her own state of South Carolina. So as your guest earlier said, I just don’t know how much longer she has in the campaign.
BBC
Do you think South Carolina, because it’s a different demographic, isn’t it, in terms of, is it a demographic, at least within the republican party, that will play more for Trump?
Tony Nash
Absolutely. Yes. Yeah. And also because Haley was a part of his administration, it’s really hard for her know, go back to her own state and know I made a mistake being a part of his administration and he’s a bad, just, it’s just a very awkward discussion for her to have in her home state.
BBC
It is indeed. Thank you to both of you for joining. Rebecca, you can go and watch some of those two streaming channels you have, Tony, go and work out how many you have and enjoy the four, because you seem to be paying a lot of money for that. Is it for business matters? A lot more analysis of what has been going on in New Hampshire coming up on the newsroom after this program.