Election Day 2024: Shy Voters & A Boeing Deal 11/05/24
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Bring in show music, please.

This is school pod. I'm cnbc producer katy cramer. Today is election day twenty four.

Just one more day, one more day.

This is my last my lah rally. Can you believe .

that the final pitch is finished and voting has begun? IT may be a tight race, but we've had that before. Remember, y two K L, G S campaign chairman from two thousand knows all about IT bill daily. He was also president obama's White heart chief of staff joins us.

I didn't believe IT was president trump sales, and I think he's done a pretty good job of team accomplished that.

The politics, the economics and the democracy at stake today is not .

about who you're voting for. This is about the sanity of the election process and hoping that we get things right.

Plus the rest of the news. Is there any other news today? Boeing, machinists and the landmark strike elon musk, voter lottery continues to election day.

And is there a side? Good calling. Super boy.

you have to talk the entire time like IT IT sounds crazy. You should do a jail.

I'm cnbc producer Kitty cramer. It's the first tuesday after the first monday in november twenty twenty four.

that be squares. But school backs, we are square. So what .

squad pod begins right now?

Stand back to back in three, two, one. cute.

Good morning everybody. Happy election day and welcome to school box right here on cnbc relieve from the asda market. I in times square, i'm back in quick along with joe cornet and Andrew ross sorkin guys. It's almost antiquated tic because half the countries are already voted something like seventy eight million votes. If you compare that to where we stood in, twenty, twenty one hundred and fifty eight million voted the largest turn net we've seen in an ever.

We don't have to think great.

I climactic till .

we get the results and but we don't have to think it's gonna happen and in all and due time, maybe a .

couple of days yeah, you said whether you .

like IT or not, is there anybody IT is here people will be .

out of campaigning.

The the commercials that sometimes the same one was on like three times, yes, during during breaks. I don't know who these people are have .

because it's the local.

the races, and it's not in your right or not your people anyway. So but so nasty on both. I like it's like jack li. Every candidate is jacklyn high depending on your looking at. There are portrait I love themselves versus .

the that's a commentary on us. IT is a sad counterpart .

on society. But yeah, no, I love society again. And I love, I love america.

And we going to be fine. And what you do know that in fact there is one of actually do know the results on.

just wait, the union know oh.

the united are giving me the same way. We do us some news overnight. Want to get over to fill a about talk about IT because the strike at boeing is officially over. So yes, one vote has already taken place, but a different kind of vote fail.

Andrew, this was a vote that was taking place. IT took place here yesterday, the results to announced late last night.

This is a success. This is a win. IT was hard bargaining on both sides, and there always is hard feelings, but will get through IT, and we will get back to build in their points.

Fifty nine percent of the machines who voted. And this strike impacts about thirty two thousand, but fifty nine percent of those who voted knew is a little bit fewer than that. Those members will get a thirty eight percent rates over four years.

So the machines are locked in to a thirty eight percent rates over four years. The work will resume tomorrow. A few people already say to me, well, why isn't everybody back at work tomorrow? Well, IT doesn't happen because everybody goes back in tomorrow.

It'll be a gradual increase in the number of people's number, people reporting all the way through early next week, and then they will gradually increase production. They just can't flip a switch and start cranking out the planes immediately. This will happen on a gradual basis, and that's by design.

Kelly worked when we talked to him. The CEO boling said, look, we want to make sure that we do this right. He also released a statement last night saying, while the past few months have been difficult for all of us, we are all part of the same team.

We will only move forward by listening and working together. There is much work ahead to return to the excEllence that made boeing an iconic company. The cost of this contract, by the way, is as to me to be about one point one billion dollars.

That's the headwind that will come with the eight percent raised. The twelve thousand dollars a signing bonus is everything that goes into this contract. But the important thing here, guys, this now allows the company to move forward with some certainty in terms of gradually increasing production through the end of this year. And then obviously, in twenty, twenty five.

feel it's a well, it's good that is finally over. But the real question that I have when you look at a boeing got to do now hard. It's going to be to dig out of this whole and and what the relationship is between management and the employees at this point.

Well, I thought Kelly roper's message made IT very clear. They need to work together. And when we've talked with him and when we talked to him after the q three financials, he made IT clear that one of his top priorities is to get them to a point where they are working together.

I've said there is no silver bullet. This isn't gonna fixed in one fell through. But we've got a lot of issues here that we're dealing with. The first thing we've got to do stabilize the business and obviously, getting through the I am strike is the first big step in doing that.

Um but then we've also got to shore up our baLance sheet, uh, so that we have a solid baLance sheet to manage the realities of our business going forward. You're gna really struggle to improve the quality if you cannot get on the same page. This has been a problem at boeing for decades, and Kelly or bert knows it's not gonna change overnight, but he knows that fixing the culture is as important as being able to say to wall street, look, we're moving our production on a monthly basis up to x number of plants. You you can sit there and say we're going to move up to x number of planes, but if the quality doesn't improve, you're spinning your wheels.

I was wondering the same thing. If you have forty one percent of the union that that did not vote to ratify this, voted against this deal, are you going to have a discount tiled workforce that sitting there? And how do you manage that?

well? Look, with all contracts, you are going to have a percentage of workers who are not happy with the deal and they vote against the deal. We saw that with the U.

A. W. We've seen this, you know, with the dark workers. You see this with all of these. And that doesn't mean that the the performance can improve um and that's the chAllenge for Kelly Opera building the culture again so that they can say, look, everything that comes out of this uh particular plant, whether it's the 737 max triple， seven, seven, eight, seven, regardless of the aircraft, he wants to make sure that they can say to their customers when we deliver IT.

IT is the highest quality that you don't have to do, shake down and say like this more problems with the planes that we're getting from boeing. He he has made that very clear. That is his top priority.

Fill we are going to leave out there. Thank you.

A judge has rejected a request by the philadephia district attorney. Tes a block elon musk, one million dollar daily give away to registered voters in pinzo's ana and other sling states makes amErica pack has awarded at least seventeen million dollars to people in those swing states who sign a petition supporting the constitution. The pack plans to give out the final one million dollar investment today.

The pack treasured, testified that the winner on't chosen randomly, as musk claimed, but were questioned before the prizes were announced to fill out their personality, make sure they were someone whose values aligned with the pack. In their words, the packs former treasured testified that the packs give away does not constitute an illegal lottery because, quote, there's no prize to be one. Instead, we're setting up contractual obligations to serve a spokespeople for the pack.

It's very, I thought that was fascinating. Technically, I get the idea of lot well, because I do. I put the a jobs wanted add and saying that we may give you a job to do this if we like you.

Yes, but we can now, interestingly, for a job, it's unclear to me historically if you can require people to sign petitions as part of your job, right? So that's IT. It's a whole right. It's very complicated.

Western security officials told the wall street journal that they believe russia is behind a covert plot that aiim to start fires abroad. Cargo or passenger aircar craft flying to the U. S.

In canada. Two devices that were ignited at dhl logistics hubs in july, one was in germany, the other was in england. Investigators say that those devices were electric messages that were implanted with magnesium based flammable substances. They believe the devices were sent as a test run by a suspect who was used as a proxy by russian spy services. So the idea of russian covert Operations targeting either delivery of delivery flights or passenger flights is a pretty hero one.

I mean, it's not fair.

It's terrorism is what you do when .

you are no longer first at first state to be involved. You know, you love the wire. I mean, there certain things in the game, which all these guys are involved with, the things you don't do, you do. You don't put a hit out on someone on a sunday morning when .

he's going to church .

with mother until .

you so this is not what you're supposed to do. Not follow the not part of the game. This is cargo or past your airliners.

the reflection of where putneys he's back into a corner at this point of this is the case.

You know what? I guess we should be surprised because all those civilians in ukraine and all those apartment projects and hospitals or not part of IT either foxie lock and murdoch .

confirmed me yesterday that the network is now completed its sales effort for ads and super bowl fifty nine. He said. The inventory sold out a record pricing commanding grades. You ready for this higher than seven million dollars for just thirty second spot that are good economics, if you can get them certain?

Ly.

the take that .

the sports.

they also paid small, the Price to get to get IT. And they paid. mr. Brady allowed to voice IT, if you will, who.

by the way.

he got a lot. He's really his god. And IT boys, I would say.

steadily, even improved in IT. You have to talk the entire time like IT. IT sounds crazy.

You should do with you. Yeah, you should do IT no, but you have to talk the entire time. I saw someone was like, cat, this guy really never.

And it's that's what they do. That's what craig does. Crag tony spoken, thought IT looks like a little finger was a little a millimeter to the left on that catch again, you know, little fingers are whatever .

cross are there like you? Like.

you've got a second clear .

of my friend, who was I gratified this morning.

He never mind.

OK, let let's go.

I'm just kidding. That's not true. I feel great .

cheese will be .

next coming up on the pod. We're here. U. S. Election results are less than twenty four hours away. Or are they 而 washington correspondent aimon java says， no one knows anything.

at least not yet. You got to get off the polar coast. Ter man.

it's a tight race. So what happens if the results are close? Well, we asked bill daily, alger's campaign chairman, in the infamous two thousand election.

The squeaky, will that be violence?

So I don't think so.

What's next for amErica the morning after breaking election results critical insight from campaign insiders how voters are thinking about the economy money your vote swag box wednesday night special time five A M E R C N B C.

This is squad pod from cnbc with joe turnin beg que and Andrew ross sorkin.

Stand by jae in three, two, one is mike q vice present cma harford prison.

Don't trump making their final pitches to voters and key swing states aiming jez is tracking the race to the finish. This is not a judea's segment.

No, this is the .

real this election very special. If you have a pat that if you have trademarked .

that named I jeff, yeah, no.

it's great phenomena. Go.

let's do the news. Former president Donald trump spent the final day of his third presidential campaign in three key battle grounds states on monday, starting off in ralli, north CarOlina, before Chris crossing the state of pensylvania was stops and reading in pittsburgh and stop in off for a nights rally in grand rapids, michigan.

amazing. I love you all. You very special. This is my last, my last rally. Can you believe the really is big, beautiful rallies is never been anything like IT pensylvania?

A trump was surrounded by family on stage after a campaign speech, hitting his recurring themes on immigration and also suggesting that if he loses, gas Prices will go to fifteen dollars per gallon. But IT, was that north CarOlina to stop? That really raised, I browse, among political experts.

That's the one battle ground state that trump one back in twenty. So IT maybe an indication of some worry on the part of the campaign that he was on the ground there, showing IT up on the final day. Now for her part, vice president cma Harris, by contrast, spent her final day campaigning entirely in pennsylvania, underscoring the importance of the nineteen electoral college votes in that state and making reMarks in Allentown, pitch burg and fill delpha in Allentown.

Harris said he had momentum on her side and pledged that instead of seeking to jail people who disagreed with her, SHE would give them a seat at the table. And in philadephia, SHE was flanked by celebrities including Opera, win, frey and lady gaga. And SHE wrapped her campaign .

just one more day, one more day, one more day left in one of the most consequential elections of our lifetime. And momentum is on our side.

And guys, we expect on trump to end the day today at his home in florida and come a Harris to overnight tonight of the vice president's residents in washington. Each candidate will then honker down and the rest of us wait for results.

Back of you guys is looking the running total used to be. I've watched IT further less. I don't know how long it's it's zero, zero, zero, zero, zero. Now days left.

hours left down is over the forty years.

This year was the company.

I think that was until until midnight last night.

this bill notch, we got the official count and IT is tied three. Even that tells us nothing, although it's a bit of a swing toward trump from where was twenty. So we have the first actual votes to count. And this election is a time, and nobody is.

And they go right business .

of six people. Maybe we should then do IT look, nobody knows anything, and think about the momentous swing we've had in these two political parties over the past twenty years or so. And these are two very different parties from where they were during the bush gore tie back in two thousand.

And yet here we are as a country on election day in twenty twenty four, still tied. IT is striking to me that the republican party has gone through so many changes going from the party of sort of big business and evAngelical Christian conservative to a populist working class party that is very different than IT was even six years ago. And yet the tie remains in place. Donald trump is pulling .

more paycheck to paycheck workers, workers, we're leaving pay check to your paycheck than any republican has. To this point, the democratic party is changed to, they're point more high income earners, both men and women, and they're .

pulling in the chinese family. I mean, think about how different the democratic party is that IT was just.

David, free speech and peace, exactly.

So these are two very different parties. And that the country is still as divided as IT is today. We have no idea where this thing is going tonight, and I think that makes IT exciting, although they say, i'm told markets hate uncertainty.

And here we the Marks have not unset been moving around too much .

because of the house, said IT.

maybe.

yeah. Well, look, either way, you you might have divide the government in in congress and that means whoever gets elected today in the presidency might not be able to do all the things that their promising on the campaign. A lot of campaigning mises out there. Don't trust me out. They're talking about ending the income tax and going back in one hundred and ninety world where you just had terrorist only know that's probably not gna happen.

I'm going in polls too. I'm going the polls because in twenty twenty two they're so wrong. And but now they tell us that they have have Justin for the .

sake from .

twenty twenty two but don't differences today.

But the betting site.

you just is bad. And so many high voters, right? Lot of voters who won't say they're to vote for her probably going .

to vote for a lot voters. You do track down, not even dad, the phone that talked to a poster.

I like answer .

questions. I like .

we'll see you a lot for us again, Tommy morning.

Voters are out of polls this morning as the presidential election is down to its final. Our joining us right now is build daily. He served as s commerce secretary in the clinton ministration.

He was also former president obama's chief of staff and build. Thank you for being with us this morning. It's really good to see .

you to see you. thanks.

Let's talk a little bit about what you thinks happening because just about three weeks ago, you had some commentary and I think that was political, where you said you thought that on Harris was the underdog, that this was former president trumps to lose in this situation. Unless things changed in the last three weeks of the campaign. What do you think .

now I think I didn't believe IT was president. Truck sales, and I think a pretty good job of tempting to accomplished that. The last three weeks have not been good for him, in my opinion.

I think that you've seen the momentum, which is much stronger. And I listed to Frank Lance earlier and some of the indicators, whether it's the senior women, White women who Jerry vote republican, maybe go in a different way. There's a number of signs at the end.

Obviously, IT is a divided country. The lecture will be close that I do believe we will no that, that they votes will all be counted. But we'll have a pretty good sense of where it's going much earlier than by saturday. I think by late tomorrow or maybe midday tomorrow, they'll be a sense of where it's going either way for president trump er for vice president Harris. But I think she's get moment, which is quite important.

But you degree that we may not know this, not just tonight, but not tomorrow morning at this time.

Look at that. I think we won't know for certainty. We went five. I chat l gorse campaign two thousand. We went five, knowing exactly who was going to be the president.

United states and the country dealt with IT and we all went through IT was kind of crazy with the court system in ford a and then the federal courts. But amErica was resolved in having a completed and I was completed. And when we moved on to all this talk about violence and all this stuff, we are just all calm down. The system does work.

Part of the reason, part of the reason the system worked in two thousand was because l. Gord conceded, he has said, said that he kind of wishes he hadn't done that, that maybe he handed IT away by doing that. Do you think either of these candidates will concede if it's close, if IT looks where we're down to, if you still have to hang chat at this point or how we figure this out, but if we're still in that sort of a scenario like that, do you think IT will be a gracious concession by either of these candidates?

Well, I sure hospital. But if there's a recount in a certain state is there were last time the process will work. We went, as I said, five weeks with the chat craziness in ford and in the end, president bush one, the data, four by five hundred votes when the count was stopped.

okay. So we dealt with IT and there's a process for recount just because it's very close in by saturday, let's say, where most of the votes are counted and there is a recount. That doesn't mean there's some the furious actually going out. There is only one reason that there's any doubt about these things. And as because president trump four years years ago put the doubt in the american people that IT was not a fair and free election and IT was, as Frankland said, but you still have people, starting with performance, president truman, who will not admit that he lost or the election was a fair and free election four years ago.

that and there still a narrative, there's still a narrative that algar one because if you were running things down there, you had two very democratic counties. You had date, miami, date and broward. And you are harvesting votes you are going to account until you want. And that's what you put the that's what you put the country through. But thank god the supreme court and courts finally stepped in for that.

And he had.

he had you. I remember the people I was there, I was the action in for. I remember the people looking like this, looking up at the chance. Here's another day. Here's another democratic vote that that the country didn't needed to go through that. And you know, maybe trump put us through something four years ago, but you and David boys and everybody else put us through something back in two thousand two.

So that's the process if elections.

therefore the process of twenty twenty two, yes, they were harvest, harvest, tes, dec.

joe, every process last time that move forward with a recount, whether is in arizona pencil, ana, whatever all ended up where they started that was joe biden won by whatever number was that may not have been the exact number when they started the recount and the process in florida in those five counties, and there were five that were chAllenged, and George bush, one by five hundred votes, would he the truth that matters if there were very few votes left to be counted? Hanging chats where they were called, and by the end of that, the azar George bush would have still won by probably a few hundred, more than five hundred.

And the courts wait in and conceded .

based on what the yes.

but I get the court said, stop turning and stop harvesting .

in the court.

I think to kept going, you kept that .

that is truly untrue. Absolutely untrue. Absolutely untrue. That's not true. No one was harvest votes that were implies people were finding vote. Nobody is calling the account.

If you decide a hanging chain, you change IT decide a hanging chat as a democratic vote instead of a vote for George bush. You can do that. You can do that too. You find enough.

There were people that were weak in public, in public, public. how?

Frustrated for different reasons, which is I think that the public needs to just genuinely know about this particular election.

And there is a major distinction, which is that you have somebody who has been out of office, who has now been the president for the past four years, who's continue to tell the public repeatedly and wrongly, right, even up until this weekend, that he should have been with supposed to be in office, and this election is, this past election was not real. That is a completely different situation. You all you want and .

IT in chAllenging oldest time.

And I was just .

we still hear I from joe.

I'm worried that .

i'm that you're conflating .

this with that .

and it's not the same thing.

Well.

hopefully go .

head head.

Well, this is election. You guys would win three to one. So not .

about who you're voting for. This is about the santin of the .

election process and hoping that we get things to show you two thousand. You're actually certification chAllenge .

by democrat. I'm not gonna IT because about demirci. Every state that are determined by the legislatures have some pretty arcane election rules. When you hear about those things. As an outsider, IT certainly sounds like what this is, how they do is IT is a bizarre way that some of these election things go through.

And maybe that leads at the county, your precious level in the state, and each state when we dealt in ford and that to go back to that twenty four years ago, each county had its own election board and has its own rules of that election board. And but it's a local election, basically. These are run by the federal government. They are run by our neighbor's and our friends at the local level, but both republican and democratic.

If the image just asked you, do you think that this will be something that a week from now will be able to say whoever wins? Okay, we're moving forward as a country, and this is how works.

I look at people, there are many people who will not accept the results period, no Better what side. They're just say whatever they want to say. We have to move on.

The government will move on. Whoever wins will be inaccurate in january, and you'll put their government together in their policies. And whatever happens with congress and the division of congress who controls will have a the enormous impact. So yes, the country will move on. Whether some people may accept the results or want to join in and making amErica moved forward, he remains to be seen to be .

free of the trump wins. Though think it's can be a nice, ordinary trances with no walking or .

or squat. But squad bax, we are square, square. King, will there be violence now? I don't think so. I really disappointed people are people .

really peaceful like that summer, okay.

like what summer.

like the summer before the other things that happened, the summer where, no, not change and had anything to do with that. But the other side is perfectly capable of, no.

you know.

we keep hearing every time we ask a question, will the results be accepted this time? It's about whether trumps going to accept the result if IT is out, if IT goes on the way.

Now, vice president Harris gets up the day, but IT stand up and says, I don't accept this. This is terrible.

Why people I don't going to have how can you feel if a nazi fascist guy that resemble hitler, which he's been pigeon hold as by the left, if if if he becomes a prison, there are a lot of people that aren't going to be able to accept that.

So we'll see what happened. What I don't understand, which I just want to positive you, is this idea that somehow on the protest you're suggesting that .

the protest after .

the after the murder of George floyd is somehow a similar to the the interaction the that .

much worse.

I'm not disagreeing, by the way, that the violence was worse.

The violence was people, no police who were killed that day, correct?

But let's understand why that happened. Are not suggesting that IT happened for the right reasons at all at all. But this is put put because I think the viewers who may not know all the facts when you the same thing.

so the get from you know, and give us the the fact that they are not.

They.

they OK great. That's your opinion. These I don't .

think these are opinions. I think that's the problem. And I know I I worried deeply that there's this misinformation, that thing gets positive.

Hi, bill. Want to thank you. I about .

serious. Well.

what happened like you appreciated, let's say.

What's next for amErica the morning after breaking election results critical insight from campaign insiders how voters are thinking about the economy swag box wednesday is special time five A M R C N B C.

And that s pod for today. Thanks for listening. Make cnbc part of election nike plans will be on all night with prime time and overnight coverage and square box posted by joe kernin, Becky quek and Andrew ross sorkin starts at five A M. Wednesday morning, november six, no matter what we know by then, will be on T. V.

As the world wakes up and keep an eyes on your podcast feed for the earliest and quickest terms, we can get you if you miss the show, if you can't catch at all, spot gets you the very best analysis and the interviews you can't miss an an easy to digest on the go audio format. Make sure you follow like or subscribe wherever you listen and don't miss a thing. Okay, deep breath, the day is here.

Go vote if you already have help someone else get to the polls or get the time to do so. That's IT. We'll meet. You're right back here tomorrow.

Now we are clear.

Thanks, guys.

What's next for amErica the morning after breaking election results critical insight from campaign insiders how voters are thinking about the economy money vote swap box wednesday special time five A M E R C N B C.