WEBVTT - The Burrito Question ft. Treasury Secretary Scott Bessent 0:00:03.480 --> 0:00:06.280 My name is Charlie kirk I run the largest pro 0:00:06.320 --> 0:00:09.840 American student organization in the country, fighting for the future 0:00:10.039 --> 0:00:13.319 of our republic. My call is to fight evil and 0:00:13.440 --> 0:00:16.480 to proclaim truth. If the most important thing for you 0:00:16.880 --> 0:00:19.680 is just feeling good, you're going to end up miserable. 0:00:19.800 --> 0:00:20.880 But if the most. 0:00:20.600 --> 0:00:25.040 Important thing is doing good, you'll end up purposeful. College 0:00:25.079 --> 0:00:27.000 is a scam, everybody. You got to stop sending your 0:00:27.080 --> 0:00:29.120 kids to college. You should get married as young as 0:00:29.120 --> 0:00:31.600 possible and have as many kids as possible. Go start 0:00:31.600 --> 0:00:34.279 attorney point, you would say, college chapter. Go start attorny point, 0:00:34.280 --> 0:00:36.239 you say high school chapter. Go find out how your 0:00:36.280 --> 0:00:37.239 church can get involved. 0:00:37.360 --> 0:00:38.840 Sign up and become an activist. 0:00:38.960 --> 0:00:40.800 I gave my life to the Lord in fifth grade, 0:00:41.159 --> 0:00:43.839 most important decision I ever made in my life, and 0:00:43.880 --> 0:00:46.440 I encourage you to do the same. Here I am Lord, 0:00:46.720 --> 0:00:58.920 Use me. Buckle up, everybody, here we go. Noble Gold 0:00:58.960 --> 0:01:02.920 Investments is the gold sponsor of the Charliekirkshow, a company 0:01:02.960 --> 0:01:07.880 that specializes in gold iras and physical delivery of precious metals. 0:01:08.240 --> 0:01:11.520 Learn how you could protect your wealth with Noble Gold 0:01:11.520 --> 0:01:16.759 Investments at Noblegoldinvestments dot Com. That is noblegold Investments dot com. 0:01:16.840 --> 0:01:19.080 It's where I buy all of my gold. Go to 0:01:19.160 --> 0:01:23.440 Noblegoldinvestments dot com. 0:01:23.560 --> 0:01:27.240 All right, welcome everybody. We are here on set in Phoenix, Arizona, 0:01:27.280 --> 0:01:30.240 at the yre FI Studios. Welcome to you, from sea 0:01:30.280 --> 0:01:33.399 to shining Sea. Honored to be with you today. We're 0:01:33.400 --> 0:01:37.240 gonna have a very econ heavy show because that is 0:01:37.280 --> 0:01:38.200 the current discussion. 0:01:38.280 --> 0:01:41.720 Actually, it was gonna happen anyway, and then it became 0:01:41.800 --> 0:01:44.040 the discussion, which is a sign that it was a 0:01:44.560 --> 0:01:46.360 fortune favors us. 0:01:46.800 --> 0:01:50.080 Fortune favors the bold and the burrito, I will tell you. 0:01:50.440 --> 0:01:52.880 So here's our show. Let me just lay it out 0:01:52.920 --> 0:01:56.280 for you. We've got a couple open segments here. We're 0:01:56.320 --> 0:01:58.560 gonna bring you up to speed on the Great Beat 0:01:58.640 --> 0:02:01.360 Burrito Debate of twenty twenty. It's gonna be fun. Then 0:02:01.400 --> 0:02:04.840 we've got a Hillsdale professor who is an economist and 0:02:04.880 --> 0:02:07.280 we're gonna be talking about capitalism. And then we've got 0:02:07.400 --> 0:02:11.400 Secretary Scott Bessant in studio here in Phoenix, Arizona. So 0:02:11.440 --> 0:02:13.160 we're excited about that. And we're gonna be talking about 0:02:13.200 --> 0:02:17.320 affordability and young people and economic literacy, so many things 0:02:17.360 --> 0:02:19.239 and then we've got Nate Friedman. He's been doing great 0:02:19.280 --> 0:02:24.360 work documenting the Islamification of places like Michigan and the 0:02:24.360 --> 0:02:26.239 Bronx in New York. So we're gonna have a fun 0:02:26.240 --> 0:02:28.359 conversation about that. I don't know fun is the right word, 0:02:29.160 --> 0:02:32.160 but let us get started on the Great burrito debate 0:02:32.200 --> 0:02:34.560 of twenty twenty six. Now what do I mean? If 0:02:34.560 --> 0:02:37.520 you are not logged on to x or other social platforms, 0:02:37.560 --> 0:02:40.280 you might not know what I mean. We are having 0:02:40.280 --> 0:02:43.320 a discussion about twenty dollars burritos? Is it true? Are 0:02:43.320 --> 0:02:46.560 they really costing twenty bucks? Are they much less? Should 0:02:46.720 --> 0:02:48.840 kids learn to cook at home? Are gen Z a 0:02:48.840 --> 0:02:52.120 bunch of entitled brats? And yeah, there's the there's the 0:02:52.400 --> 0:02:55.239 tweet that accidentally kicked it all off from yours truly, 0:02:55.320 --> 0:02:58.360 I said, so, Matt Walsh was going on, Grocery prices 0:02:58.360 --> 0:03:01.079 are insane, They're still rising. Addressing this problem should be 0:03:01.120 --> 0:03:03.160 the number one priority of every elected leader and the 0:03:03.160 --> 0:03:05.680 stupid foreign wars and focus on this issue. It's one 0:03:05.680 --> 0:03:09.280 of the main reasons socialists are gaining power. And I replied. 0:03:09.560 --> 0:03:12.200 One of our TPUSA college students gave me his take 0:03:12.240 --> 0:03:16.519 on affordability. A burrito shouldn't cost twenty bucks. Yeah, a 0:03:16.560 --> 0:03:20.040 lot of this is a hangover from COVID and Biden 0:03:20.040 --> 0:03:23.560 air inflation, but the lived experience is the same. It 0:03:23.680 --> 0:03:26.280 just feels like basic things cost too much. So before 0:03:26.320 --> 0:03:28.400 we get too far down the road here, I want 0:03:28.440 --> 0:03:30.720 to ask and invite this audience. I want to know 0:03:30.760 --> 0:03:34.640 what you think, because the reactions have been all across 0:03:34.639 --> 0:03:36.960 the board, and actually I would say many of them 0:03:37.160 --> 0:03:39.400 have truth. So send us an email Freedom at Charliekirk 0:03:39.400 --> 0:03:40.680 dot com. We're going to be reading them in the 0:03:40.720 --> 0:03:43.040 next segment or maybe if Blake gets them right now, 0:03:43.080 --> 0:03:45.480 Freedom at Charliekirk dot com. What is your take on 0:03:45.520 --> 0:03:46.560 the twenty dollars burrito? 0:03:47.280 --> 0:03:50.160 Well, because we should get into this because the reaction 0:03:50.280 --> 0:03:53.080 is very mixed because people, of course, if they say 0:03:53.200 --> 0:03:56.440 a burrito can cost twenty dollars, they're talking about fast 0:03:56.440 --> 0:04:01.520 food or even like like Chipotle or abovesual dining, casual dining, 0:04:01.600 --> 0:04:03.839 or if Chipotle is gonna cost twenty it probably means 0:04:03.840 --> 0:04:04.640 they door dashed it. 0:04:04.680 --> 0:04:05.720 So they're playing a delivery. 0:04:06.000 --> 0:04:08.440 You get like some guac on the side, exactly give 0:04:08.440 --> 0:04:12.040 them a tip and so anti tip you tip at Chiappotle. 0:04:12.440 --> 0:04:13.320 We'll get into that later. 0:04:13.600 --> 0:04:18.160 But so the kind of natural debate that's unfolded here 0:04:18.279 --> 0:04:20.719 is a lot of people have raised their eyebrow and say, 0:04:20.880 --> 0:04:24.320 if you feel like you can't afford a burrito at Chipotle, 0:04:24.360 --> 0:04:26.280 you probably should not be eating out and you can 0:04:26.279 --> 0:04:29.080 save a lot of money by eating at home more. 0:04:29.120 --> 0:04:31.280 And it's true people eat out a lot more now 0:04:31.360 --> 0:04:33.920 than they did ten years ago than they did when 0:04:33.920 --> 0:04:36.040 I was a kid, certainly than they did fifty years ago. 0:04:36.600 --> 0:04:39.480 And if you feel like you're falling behind, that could 0:04:39.480 --> 0:04:41.560 be a part of it. But the counterpoint is a 0:04:41.560 --> 0:04:43.640 lot of people have said, oh, if you're going to 0:04:43.760 --> 0:04:46.279 lecture young people that they shouldn't buy so many burritos, 0:04:46.480 --> 0:04:49.200 it's like a revival of the the avocado toast attack 0:04:49.320 --> 0:04:52.200 on millennials from about fifteen years ago. 0:04:52.800 --> 0:04:55.279 And you can kind of go either way on it. 0:04:55.320 --> 0:04:58.719 Really no exactly, so multiple things can be true, which 0:04:58.920 --> 0:05:01.880 is a tough thing to get across on social media. 0:05:01.960 --> 0:05:04.599 Should young people be thrifty, especially when you're in college, 0:05:04.640 --> 0:05:07.040 Absolutely you should be. I mean when I was in college, 0:05:07.120 --> 0:05:08.800 I held down a part time job. Most of my 0:05:08.839 --> 0:05:12.120 friends did as well. We would eat anything free. We 0:05:12.160 --> 0:05:16.080 could get our hands on leftover pizzas, half of burrito 0:05:16.120 --> 0:05:19.120 that somebody else didn't eat. Anything. If a family was 0:05:19.160 --> 0:05:21.240 willing to have us over for dinner, we would go there. 0:05:21.760 --> 0:05:23.920 If there was a barbecue or an event where that 0:05:24.040 --> 0:05:26.120 included free food, we were much more likely to go 0:05:26.160 --> 0:05:28.599 do that. You should do those things as a college student. 0:05:28.880 --> 0:05:31.400 But I personally didn't cook much at all in college, 0:05:31.440 --> 0:05:33.480 So that's another question. Did you cook in college? I 0:05:33.560 --> 0:05:35.760 didn't have a kitchen to cook in. I lived in 0:05:35.800 --> 0:05:38.719 the dorms the first year, and yeah, I had a 0:05:38.760 --> 0:05:40.599 meal plan. Those that, by the way, have become such 0:05:40.600 --> 0:05:43.440 a racket, the meal plans. Oh, I've been inundated by 0:05:44.400 --> 0:05:47.599 emails and direct messages and people saying the meal plans 0:05:47.600 --> 0:05:48.240 are obsessing. 0:05:48.240 --> 0:05:50.440 And that's part of what goes into this is that, Okay, 0:05:50.600 --> 0:05:52.839 your college meal plan is a scam. Is that a 0:05:52.880 --> 0:05:56.480 scam coming from capitalism? Is that a scam coming from 0:05:56.520 --> 0:05:59.279 the free market? No, it's we have a cartel the 0:05:59.279 --> 0:06:02.760 college system that is endlessly subsidized by our government through 0:06:02.839 --> 0:06:05.400 student loans and a million other things. And then on 0:06:05.440 --> 0:06:07.680 top of that, they get you in and then they 0:06:07.720 --> 0:06:09.920 trap you in their cartel. Oh, well, you're going here, 0:06:09.960 --> 0:06:12.080 so you're required to buy our meal plan. When I 0:06:12.120 --> 0:06:15.200 was at the school I went to, they not only 0:06:15.279 --> 0:06:20.000 no whatever uh no, So they not only required you 0:06:20.040 --> 0:06:21.440 to be on the meal plan, but there was an 0:06:21.480 --> 0:06:23.479 aspect of it at the time where they would require 0:06:23.480 --> 0:06:25.480 you to have so much free float money and if 0:06:25.520 --> 0:06:27.200 you didn't spend all of that money by the end 0:06:27.200 --> 0:06:29.360 of the rum, they just confiscated it. They just empty 0:06:29.440 --> 0:06:30.680 drained your account and took it. 0:06:30.600 --> 0:06:33.960 Like they wouldn't roll it over. I absolutely scam, but 0:06:34.000 --> 0:06:36.520 so many schools only like this has taken over social media. 0:06:36.520 --> 0:06:39.159 I've had like twenty people be like, only thing on 0:06:39.200 --> 0:06:41.520 my feed right now is burritos, And I apologize, but 0:06:41.560 --> 0:06:43.880 I'm not sorry. If that makes sense, all right, I 0:06:43.880 --> 0:06:47.239 think this is really interesting though. This is chef Andrew Grohl, 0:06:47.320 --> 0:06:50.800 who is a friend and he's a restauranteur in Los Angeles. 0:06:50.839 --> 0:06:53.159 He said, the funniest thing about by the those two 0:06:53.200 --> 0:06:56.000 seventeen the funniest thing about the burrito debate is no 0:06:56.000 --> 0:06:58.480 one is getting rich off an eighteen dollars burrito. As 0:06:58.480 --> 0:07:00.760 a restaurant owner, I can tell you that nobody wants 0:07:00.839 --> 0:07:03.640 to charge eighteen dollars for a burrito. We'd much rather 0:07:03.680 --> 0:07:05.480 sell a twelve dollars burrito and have you come back 0:07:05.520 --> 0:07:07.719 twice a week. The problem is the cost of running 0:07:08.200 --> 0:07:11.080 a restaurant has skyrocketed. That part was cut off. And 0:07:11.800 --> 0:07:15.200 he's got a little meme there the great burrito debate 0:07:15.200 --> 0:07:18.640 of twenty twenty six, and then people are going around 0:07:19.040 --> 0:07:22.920 showing so then I should add this immediately. Joel Barry, 0:07:23.440 --> 0:07:25.440 who I believe is formerly of the Babylon b and 0:07:25.480 --> 0:07:28.920 now he's working with Jeremy Boren for Boring, formerly of 0:07:28.960 --> 0:07:32.040 The Daily Wire. On his new show, he basically said 0:07:32.080 --> 0:07:34.680 I can feed my family of I believe did he 0:07:34.720 --> 0:07:37.480 say eight or six? I don't know. He's got a 0:07:37.480 --> 0:07:41.040 big family. He's been prosperous, fruitful and multiplied. He's got 0:07:41.040 --> 0:07:42.640 a big family. He said he can feed his family 0:07:43.120 --> 0:07:45.440 on twenty dollars a night if you just shop out. 0:07:45.480 --> 0:07:47.280 And there's people that are making that point too, which 0:07:47.320 --> 0:07:49.960 I think is valid. Two nineteen is an example of this. 0:07:50.520 --> 0:07:53.040 It goes due to the stupid burrito debate. Not sorry, 0:07:53.960 --> 0:07:55.640 I made my eleven year old daughter see if she 0:07:55.640 --> 0:07:58.920 could feed our family of five burrito of five burritos 0:07:58.920 --> 0:08:00.720 for dinner for twenty dollars a leafe. I believe she 0:08:00.800 --> 0:08:04.440 nailed it. Please vote her in the upcoming mintos. 0:08:04.880 --> 0:08:05.320 So went to. 0:08:05.360 --> 0:08:09.000 AHGB, bought a bunch of iceberg lettuce, bought some ground 0:08:09.040 --> 0:08:13.120 beef eighteen thirty. Okay, so yes, you can so again. 0:08:13.320 --> 0:08:16.000 Two things can be true at once. Young people should 0:08:16.000 --> 0:08:18.840 not be living beyond their means. They should be being frugal, 0:08:19.280 --> 0:08:21.600 and that's a really good thing to learn, and to 0:08:21.640 --> 0:08:24.200 live within your means is a huge, hugely important thing. 0:08:24.840 --> 0:08:28.160 But what can also be true is that burritos are 0:08:28.160 --> 0:08:30.400 more expensive than they were just a few years ago. 0:08:30.560 --> 0:08:32.720 And that's okay to admit too. And I think that 0:08:32.880 --> 0:08:35.680 is deeper in this conversation, and it needs to be 0:08:35.760 --> 0:08:40.760 made that it is politically unwise. Let's just say that 0:08:41.600 --> 0:08:44.400 to walk around and do the Joe Biden thing and 0:08:44.400 --> 0:08:47.160 say prices are fine, the economy is great. What you 0:08:47.240 --> 0:08:49.760 feel and what you've lived and your lived experience is 0:08:49.800 --> 0:08:53.680 not real. Everything is great. That is not true for 0:08:53.760 --> 0:08:55.280 a lot of people, and a lot of people have 0:08:55.320 --> 0:08:57.679 pointed to what we call the K shaped economy, where 0:08:58.400 --> 0:09:01.840 the top are are expanded and the bottom are also expanding. 0:09:01.840 --> 0:09:03.800 So the tops getting bigger, and the botom is getting bigger, 0:09:03.880 --> 0:09:05.600 and the middle class is getting hollowed out, and this 0:09:05.640 --> 0:09:07.040 is one of the phenomenons behind it. 0:09:07.080 --> 0:09:09.600 Well, that's why I missed Charlie, to be honest. So 0:09:09.600 --> 0:09:12.520 for example, Dan Crenshaw had to tweet the other today 0:09:12.600 --> 0:09:14.360 taking part of this where he's like just hearing about 0:09:14.360 --> 0:09:16.760 this dumb twenty dollars burrito debate. So I thought I'd 0:09:16.840 --> 0:09:20.120 make the losers on social media angry before bed, stop whining, 0:09:20.200 --> 0:09:21.959 get a job, eat Raymond like the rest of a 0:09:22.040 --> 0:09:24.640 student in college on a budget with four roommates. And 0:09:25.080 --> 0:09:27.440 I think Charlie was better, where Charlie would actually approach 0:09:27.480 --> 0:09:30.079 this and he'd be able to say things are tougher. 0:09:30.559 --> 0:09:33.920 There is a lot of scams targeting you, but it 0:09:34.000 --> 0:09:36.760 is also possible for you to overcome those things by, 0:09:36.880 --> 0:09:39.840 for example, saving money and being frugal, and you can 0:09:39.880 --> 0:09:42.600 overcome them the same way George Washington overcame the British. 0:09:42.679 --> 0:09:44.800 He was very good at navigating that, of course, is 0:09:44.840 --> 0:09:47.160 the best ad. That's a challenge that the right has 0:09:47.160 --> 0:09:49.760 to do. We can have these Crenshaw smug lectures. 0:09:49.800 --> 0:09:51.480 I agree, and we'll get into it we got a 0:09:51.520 --> 0:09:53.480 ton of emails flowing in, so thank you for that. 0:09:53.800 --> 0:09:55.760 All right, Blake, let's get to the emails here. Yeah, 0:09:55.800 --> 0:09:59.000 let's just want people are being Are these kids a 0:09:59.000 --> 0:09:59.960 bunch of brain spectrum? 0:10:00.040 --> 0:10:00.800 It's a big spectrum. 0:10:00.840 --> 0:10:02.599 So all for example, Barry First, I think this is 0:10:02.640 --> 0:10:06.120 a very classic conservative position. He says, it's simple, a 0:10:06.120 --> 0:10:09.040 burrito should cost what the customer is willing to pay 0:10:09.679 --> 0:10:12.600 for the burrito. It's a self fixing problem. 0:10:12.600 --> 0:10:12.839 I think. 0:10:12.880 --> 0:10:15.120 I think that's a very traditional view and a very 0:10:15.120 --> 0:10:21.040 reasonable one. Matt says, we have five kids, groceries are unaffordable. 0:10:21.080 --> 0:10:23.240 I am a Trump guy, but he is not turning 0:10:23.360 --> 0:10:27.000 this around. Doesn't matter how often he brags about eggs. Well, 0:10:27.040 --> 0:10:29.200 we'll see, we'll see. We're having a secretary vesent on. 0:10:29.240 --> 0:10:31.199 I think he might have something to say with that. 0:10:31.960 --> 0:10:34.520 Jacqueline says, I would pay twenty dollars for a burrito 0:10:34.559 --> 0:10:36.320 if it meant the steak is grass fed and there's 0:10:36.320 --> 0:10:41.600 no GMOs. I order from Chipotle once a week. If 0:10:41.600 --> 0:10:43.280 I don't deliver, then I will walk to it to 0:10:43.320 --> 0:10:46.679 justify eating out. A twenty dollar burrito is worth it. 0:10:47.280 --> 0:10:50.600 And but she does have a pretty decent household income. 0:10:50.600 --> 0:10:53.400 It looks like Jeff says, a twenty dollar burrito doesn't 0:10:53.400 --> 0:10:56.199 bother any elected official because they are all worth fifty 0:10:56.320 --> 0:10:59.920 or sixty million dollars. Remember Nancy Plosi with her twin 0:11:00.000 --> 0:11:02.679 twenty thousand dollars freezers to keep her Ben and Jerry's 0:11:02.679 --> 0:11:04.719 ice cream. I don't remember that. I've got to go 0:11:04.800 --> 0:11:05.200 look that up. 0:11:05.240 --> 0:11:05.400 Now. 0:11:05.400 --> 0:11:08.640 That sounds incredible. Mick says, I need to lay off 0:11:08.640 --> 0:11:09.319 the burritos. 0:11:10.760 --> 0:11:12.000 Yeah, that Freshman fifteen. 0:11:12.040 --> 0:11:13.800 By the way, we haven't talked about it, and g 0:11:14.040 --> 0:11:16.760 Corey says, this is not a binary discussion. The economy 0:11:16.760 --> 0:11:20.520 needs to improve in meaningful daily ways like rent, energy, groceries, 0:11:20.559 --> 0:11:23.480 and yes, burritos. It's not just the stock market and 0:11:23.520 --> 0:11:27.559 company earnings. That being said, people need to get smarter 0:11:27.640 --> 0:11:30.040 and more disciplined on how they spend their dollars, while 0:11:30.040 --> 0:11:33.600 also getting knowledgeable and engaged in policies not only in 0:11:33.640 --> 0:11:35.800 tough times but in good times as well. I think 0:11:35.840 --> 0:11:38.120 you and I would both basically agree with that. 0:11:38.320 --> 0:11:41.320 I agree with all of this. My main point in 0:11:41.600 --> 0:11:44.400 waiting into this debate was that I think it's political 0:11:44.440 --> 0:11:48.000 malfeasance to ignore the fact that things are expensive now, 0:11:48.040 --> 0:11:52.040 why are things more expensive? Blake? This is the critical 0:11:52.040 --> 0:11:56.920 piece of this conversation. We printed trillions of dollars during COVID. 0:11:57.240 --> 0:12:01.600 There was massive supply chains disrupted. There was a lot 0:12:01.640 --> 0:12:04.520 of disruption to the normal way things were shipped and 0:12:04.559 --> 0:12:08.400 moved about internationally, both domestically and internationally. And when you 0:12:08.440 --> 0:12:11.840 print money, the basics of economics are there are more 0:12:11.880 --> 0:12:14.480 dollars chasing fewer goods because the goods did not keep 0:12:14.600 --> 0:12:17.720 up with the dollars, especially during COVID. So maybe it 0:12:17.720 --> 0:12:21.160 felt good to have that momentary check come in the mail. 0:12:21.240 --> 0:12:24.719 But guess what happened? That wealth ended up funneling up 0:12:24.760 --> 0:12:28.760 to the top percentiles of the economy. Why because they 0:12:28.760 --> 0:12:31.960 own assets that inflate when inflation happens. They own homes 0:12:31.960 --> 0:12:34.439 that get more expensive, they own stocks that rise in value, 0:12:34.480 --> 0:12:37.000 they own equities, these kind of things get more expensive. Now, 0:12:37.000 --> 0:12:39.720 if you don't have any of those things and you 0:12:39.760 --> 0:12:41.520 want to get into those things, guess what they just 0:12:41.520 --> 0:12:43.439 got harder to get into. Okay, So if you're a 0:12:43.520 --> 0:12:46.000 working class person, if you're a young student at turning 0:12:46.000 --> 0:12:47.679 point and you're like, I want to own a home 0:12:47.720 --> 0:12:50.640 one day, well five hundred thousand dollars home just became 0:12:50.640 --> 0:12:53.559 worth a million, So now your payment just doubled, plus 0:12:53.600 --> 0:12:55.800 interest rates went up to counter the inflation. 0:12:56.040 --> 0:13:00.560 Inflation hurts people who are most reliant on cash, the most, 0:13:01.160 --> 0:13:03.720 people who are salary workers, people who are keeping their 0:13:03.760 --> 0:13:06.719 savings primarily just in cash, which you shouldn't do. By 0:13:06.720 --> 0:13:09.160 the way, any one of you can buy stocks these days, 0:13:09.600 --> 0:13:11.520 but or whatever equities you want. 0:13:12.760 --> 0:13:14.520 Got an other email here from Jenny Lee. 0:13:14.640 --> 0:13:15.360 This is silly. 0:13:15.480 --> 0:13:18.160 You suffer when you're young and you save. If the 0:13:18.200 --> 0:13:21.240 economy is bad, you cut back, you eat bolooney and 0:13:21.280 --> 0:13:24.080 you save. You don't keep buying Starbucks and twenty dollars 0:13:24.080 --> 0:13:27.560 burritos and have your meals delivered. You don't build wealth 0:13:27.600 --> 0:13:31.640 if you spend every penny you make. We all did it. 0:13:31.840 --> 0:13:34.280 We did it for years. I taught school for thirty 0:13:34.280 --> 0:13:37.319 five years and took my luncheon every day. The biggest 0:13:37.320 --> 0:13:39.679 help was she says, uh, Greg Ramsey, but she means 0:13:39.760 --> 0:13:42.839 Dave Ramsey. You find him, listen to him, believe him, 0:13:42.840 --> 0:13:46.320 and do what he says. And I think it is 0:13:46.400 --> 0:13:49.600 worth emphasizing that point that we should listen if people 0:13:49.640 --> 0:13:53.199 say it feels like everything's more expensive because they probably 0:13:53.240 --> 0:13:56.800 didn't get that idea out of nowhere. But as conservatives, 0:13:56.840 --> 0:13:59.760 we also have to tell people you are capable of 0:14:00.200 --> 0:14:03.520 coming this, you are capable of defeating this. It is 0:14:03.559 --> 0:14:08.760 actually very possible to get ahead in America if you 0:14:08.800 --> 0:14:11.080 have better habits and better discipline than a lot of 0:14:11.080 --> 0:14:11.920 the people around you. 0:14:12.400 --> 0:14:14.800 I totally agree. Let's let's give you a case in 0:14:14.840 --> 0:14:18.880 point here, because this is a burrito apparently for a 0:14:18.880 --> 0:14:22.160 burrito menu from Chipotle in twenty twenty or twenty twelve 0:14:22.240 --> 0:14:25.600 in Los Angeles. Allegedly. All right, so the chicken brito 0:14:25.640 --> 0:14:28.280 was six twenty five. This is image two twenty nine. 0:14:28.320 --> 0:14:31.120 By the way, chicken was six twenty five steak with 0:14:31.160 --> 0:14:35.200 six seventy barbaricoa six seventy, carnitas six seventy vegetarian six 0:14:35.240 --> 0:14:37.240 twenty five kind of getting ripped off if you're vegetarian. 0:14:37.320 --> 0:14:41.840 By the way, now here's one. Here's one from online 0:14:42.400 --> 0:14:46.360 at image two thirty. So a carnitas burrito is now 0:14:46.400 --> 0:14:49.520 eleven forty. So it's not twenty bucks, but it's eleven forty. 0:14:49.560 --> 0:14:51.760 This is pre tax. But if you get chips or 0:14:51.840 --> 0:14:54.360 chips and guac, that's two dollars and twenty cents more 0:14:54.440 --> 0:14:57.080 or five point fifteen. Heaven forbid, you get the Mexican 0:14:57.120 --> 0:15:00.560 Coca Cola that's three seventy five. So you could easily 0:15:00.560 --> 0:15:03.880 see how if you got eleven forty dollars burrito, chips 0:15:03.920 --> 0:15:08.360 and guac five point fifteen, then you're at about seventeen 0:15:08.400 --> 0:15:11.760 eighteen bucks plus tax and tip, you're over twenty bucks. Okay, 0:15:11.800 --> 0:15:14.520 if you tip at Chipotle, well, a lot of people 0:15:14.600 --> 0:15:17.360 do blake. A lot of people do so, and there's 0:15:17.400 --> 0:15:19.360 other people that have been trying this and going out 0:15:19.360 --> 0:15:21.240 and finding out. Yeah, as a matter of fact, I 0:15:21.240 --> 0:15:23.160 went and got a burrito. By the way, was a 0:15:23.440 --> 0:15:27.840 salmonella outbreak that affected Kudobo and salmonella are in Chipotle yesterday, 0:15:27.880 --> 0:15:31.840 which is which is ironic. I would say, uh, but yeah, 0:15:31.880 --> 0:15:36.440 So here it is John Levine, who does he work 0:15:36.440 --> 0:15:40.240 at the Free Beacon? I believe now possibly, but he 0:15:40.240 --> 0:15:42.480 said I remember on Fox Business once, maybe two years ago, 0:15:42.480 --> 0:15:44.640 I said I spent twenty dollars for a Chipotle burrito 0:15:44.680 --> 0:15:46.680 bowl in New York City. The host all but called 0:15:46.680 --> 0:15:48.640 me a liar on air. I later confronted him with 0:15:48.640 --> 0:15:51.360 a receipt at the twelve eleven sixth Avenue Gym, and 0:15:51.400 --> 0:15:53.840 he apologized to me, but not on air. So, like 0:15:54.240 --> 0:15:56.360 people are paying twenty dollars for arbrito, we know that 0:15:56.400 --> 0:15:59.320 they're out there. Are there cheaper burritos? Like, yeah, there are? 0:15:59.520 --> 0:16:03.160 Should you if you're a little bit poor, absolutely, should 0:16:03.160 --> 0:16:06.680 you cook at home? Yes? Absolutely, But it doesn't negate 0:16:06.720 --> 0:16:09.360 the fact that things are still expensive, that it's not 0:16:09.400 --> 0:16:12.800 necessarily President Trump's fault. Yeah, there's been a supply shock 0:16:12.840 --> 0:16:15.200 on an energy because of the Iran war, and ultimately 0:16:15.200 --> 0:16:16.600 that's what this is all about. By the way, it's 0:16:16.600 --> 0:16:19.360 all big proxy discussion about was the Iran War worth 0:16:19.360 --> 0:16:23.400 it or not? But yeah, there are things that are 0:16:23.920 --> 0:16:26.320 headwinds in the economy, but we also have tailwinds and 0:16:26.320 --> 0:16:29.520 we're gonna talk about those some with Secretary Bessett in 0:16:29.600 --> 0:16:32.680 the next segment. Though, we're gonna take we're gonna zoom out, 0:16:32.840 --> 0:16:34.960 We're gonna zoom out a little bit, and we're gonna 0:16:35.000 --> 0:16:38.840 talk about a defense of capitalism because none of this 0:16:39.360 --> 0:16:41.840 is dumerism from us. None of this is saying that 0:16:41.880 --> 0:16:44.480 we should throw out a capitalist system in free markets 0:16:44.520 --> 0:16:46.480 at all. As a matter of fact, that would be 0:16:46.520 --> 0:16:48.560 the wrong way to go here. And that's what we're 0:16:48.560 --> 0:16:51.080 seeing with the rise of DSA and these commies and 0:16:51.120 --> 0:16:53.160 these socialists that want to seize the means of production. 0:16:53.480 --> 0:16:55.960 They're only gonna ruin everything. They're gonna make things more expensive. 0:16:56.000 --> 0:17:02.200 We'll talk about that next. I had the honor of 0:17:02.240 --> 0:17:05.560 a lifetime to call Charlie a friend, and what I 0:17:05.640 --> 0:17:08.919 remember most wasn't just what people saw on stage. It 0:17:09.160 --> 0:17:12.680 was what was behind the scenes. That was an unwavering 0:17:12.720 --> 0:17:16.040 commitment to his faith, his love for his family, and 0:17:16.080 --> 0:17:19.320 his genuine desire to encourage others to live with courage 0:17:19.359 --> 0:17:24.160 and conviction. Charlie believed that following Christ wasn't something you compartmentalized. 0:17:24.280 --> 0:17:26.480 He didn't put it in a box. He lived it 0:17:26.520 --> 0:17:28.879 out loud. It shaped how he lived, how he served, 0:17:29.240 --> 0:17:33.439 how he treated people every single day. Charlie Kirk, American Martyr, 0:17:33.600 --> 0:17:37.600 captures that heart. This documentary isn't just simply about remembering Charlie. 0:17:37.680 --> 0:17:40.760 It's an invitation for each of us to ask what 0:17:40.840 --> 0:17:43.800 kind of legacy we're building and whether we're willing to 0:17:43.840 --> 0:17:46.399 stand firm in our own faith when it's tested. I 0:17:46.520 --> 0:17:48.639 hope that you'll watch it with your family and have 0:17:48.720 --> 0:17:52.560 those conversations together. Go to angel dot com slash kirk. 0:17:52.880 --> 0:17:56.480 That's angel dot com slash Kirk. Become an Angel Guild member, 0:17:56.600 --> 0:18:00.320 watch Charlie Kirk, American Martyr, and help bring more stories 0:18:00.359 --> 0:18:03.919 of faith, courage, and conviction to audiences around the world. 0:18:06.960 --> 0:18:09.800 Without further ado, we have doctor Charles N. Steele. He's 0:18:09.800 --> 0:18:13.119 the director for the Center for Commerce in Freedom at 0:18:13.160 --> 0:18:16.199 Hillsdale College. He's an associate professor of economics, and we 0:18:16.240 --> 0:18:19.520 figured this would be the best time to have you on, Professor, 0:18:19.960 --> 0:18:25.040 because we have this insidious rise of democrat socialism where 0:18:25.080 --> 0:18:27.520 they legitimately want to seize the means of production. We 0:18:27.600 --> 0:18:30.120 got the Pierre de teoric tax or however you say 0:18:30.119 --> 0:18:32.920 it in New York with Mom Donnie, and they're coming 0:18:32.960 --> 0:18:35.919 after capitalists. They're coming after the producers, the people that 0:18:35.960 --> 0:18:40.200 have built businesses, and it's scary for a lot of people. So, 0:18:40.359 --> 0:18:44.720 at a very basic level, Professor, why is capitalism the 0:18:44.920 --> 0:18:48.480 economic system that you believe is the best for America, 0:18:48.560 --> 0:18:51.200 for the world, for the West. The Flora's yours. 0:18:51.720 --> 0:18:54.400 Thank you, I'm very happy to be here. You're right, 0:18:54.480 --> 0:18:56.760 this is a great time to talk about capitalism. But 0:18:56.840 --> 0:19:01.520 it's always a great time to do that. Why is 0:19:01.600 --> 0:19:04.800 capitalism the important system. I'm actually writing a book on 0:19:04.840 --> 0:19:09.359 this right now, which coming out next year. Is the plan. 0:19:10.520 --> 0:19:12.840 But I opened the book by pointing out that the 0:19:12.880 --> 0:19:16.720 way that we live today is highly unusual for human beings. 0:19:16.760 --> 0:19:21.160 It's something that's brand new in history. Historically speaking, for 0:19:21.640 --> 0:19:24.959 thousands of years, there was no development to speak of. 0:19:25.280 --> 0:19:29.359 The way that we live today is unusual. We are 0:19:29.400 --> 0:19:31.840 the most blessed people in the world that have ever 0:19:31.920 --> 0:19:35.359 ever walked the planet. At the beginning of the I 0:19:35.400 --> 0:19:38.359 think about the twentieth century. The beginning of the twentieth century, 0:19:38.359 --> 0:19:42.760 the population of the Earth was about one point seven 0:19:42.840 --> 0:19:48.399