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Speaker 1: Why from vall Hartbyer and the Crossroads of America. It's

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Speaker 1: Tony Katz today, the.

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Speaker 2: Seventy presentative profits from the American customer.

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Speaker 3: I would say that's not so good, but that's not

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Speaker 3: exactly great.

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Speaker 2: To address this chronic on fairness, I signed an executive

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Speaker 2: order earlier this year constructing my administration to do everything

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Speaker 2: in our power to implement most favorite nations drug pricing,

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Speaker 2: something that has been helped greatly by tariffs, because when

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Speaker 2: nations refuse to do it, we're here to put this indication.

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Speaker 3: Yesterday, I just say, well, if you're not going to

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Speaker 3: do it, we're going to charge you a like amount

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Speaker 3: of tariffs. And they immediately say, we'll do it.

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Speaker 4: That's President Trump in the Oval Office where he is

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Speaker 4: announcing lower prices on those GLP ones, lower prices on

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Speaker 4: weight loss meds. Tony Katz, Tony Katz today, what do

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Speaker 4: you do? And everybody good to be with you. The

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Speaker 4: four kicks, that's what I'm smoking. This is the mule

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Speaker 4: kick from the good people of crowned heads and not sponsors.

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Speaker 4: I just like the cigar. Smoke them if you got them.

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Speaker 4: We're going to follow what President Trump is doing here

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Speaker 4: of course, the every questions asked and answered, and there's

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Speaker 4: a question about whether or not this is the way

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Speaker 4: you lower drug costs. Meanwhile, we'll get to that.

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Speaker 2: Let's go back to the President of the OVAL and

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Speaker 2: EMD Serrano have agreed to drastically lower their prices for

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Speaker 2: American patients. And today Eli Lilly and Novo nordisk a

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Speaker 2: journey the phenomenal lists of the.

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Speaker 3: Most exciting announcements.

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Speaker 2: I mean, nobody's ever had announcewmersly and this has to

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Speaker 2: do with other pharmaceutical old products also, but we're covering

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Speaker 2: this today because it's such a big seller. I guess

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Speaker 2: it's the number one selling thing there is today. These

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Speaker 2: are two companies that behind the out breaking weight loss

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Speaker 2: drugs that have helped millions of Americans struggling with obesity

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Speaker 2: live better, longer lives.

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Speaker 3: Everything else. These are the two companies that really broke around.

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Speaker 2: Until now, neither of these two popular drugs have been

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Speaker 2: covered by Medicare for weight loss, and they've only rarely

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Speaker 2: been covered by Medicaid. They've often cost consumers more than

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Speaker 2: one thousand dollars per month, and some a lot more

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Speaker 2: than that. Americans have been spending as much as five

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Speaker 2: hundred and twenty percent more for zep bound and fourteen

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Speaker 2: hundred percent more for WEGOV than patients in Europe.

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Speaker 3: Thinking that fourteen hundred percent more than a patient here

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Speaker 3: for the.

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Speaker 2: Exact same box and that ends starting today. The other

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Speaker 2: countries are not happy with US. I don't think they

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Speaker 2: like me too much, Bobby, But that's okay. Eli, Lilly

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Speaker 2: and Novo Nordiskar committee to offer zep bound and WEGOV

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Speaker 2: at most Favored Nations rates for American patients. This will

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Speaker 2: slash the course if we govy from one thousand, three

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Speaker 2: hundred and fifty dollars a month to ultimately two hundred

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Speaker 2: and fifty dollars a month.

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Speaker 4: They're not gonna be able to keep up with the

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Speaker 4: amount of people who now want we Goby.

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Speaker 3: Good job. They're all right about it.

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Speaker 2: You know, they'd like to not write these things and

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Speaker 2: reduce You think anybody you think Biden could have done this.

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Speaker 2: I don't think so, and reduced a monthly cost of

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Speaker 2: zep bound from one thousand and eighty dollars to three

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Speaker 2: hundred and forty six dollars.

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Speaker 4: In addition, issue, mister President is we're not sure if

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Speaker 4: you're able to do this. Oh, there's got to be

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Speaker 4: pushed back galore, not because they're opposed to lower drug prices,

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Speaker 4: but because the question is does the president have the

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Speaker 4: unilateral authority to do this?

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Speaker 5: Let's get back to him.

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Speaker 2: Think of that, you go from thirteen hundred to one

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Speaker 2: hundred and forty nine dollars a month. We anticipate these

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Speaker 2: new versions will be coming out in a very short

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Speaker 2: period of time. All of these drugs will be available

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Speaker 2: directly to the consumer at trumparx dot gov. Trump, they

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Speaker 2: want to use my name, Trump, you better be good,

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Speaker 2: trumprx dot com. And I think it's turning out to

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Speaker 2: be pretty amazing, right, Just as significantly Medicare and Medicaid

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Speaker 2: will finally cover the costs of these weight loss drugs

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Speaker 2: or millions of patients suffering from obesity, copays for Medicare

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Speaker 2: patients will be as low as fifty dollars.

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Speaker 3: This is tremendous savings.

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Speaker 2: I mean, now you're talking about from thirteen hundred and

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Speaker 2: fifty dollars to fifty dollars.

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Speaker 3: This is tremendous news for the American seniors.

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Speaker 2: And you'll remember what I had one eighth of one

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Speaker 2: percent for the year, I got one eight and I

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Speaker 2: was so thrilled. But now we're cutting at one thousand percent,

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Speaker 2: twelve hundred percent. Nobody's ever seen anything like this. Nobody

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Speaker 2: else could have done it. But I said that modestly.

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Speaker 2: You think it was easy dealing with these people, It

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Speaker 2: Wasn't you think it was easy saying you drug. Mister

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Speaker 2: Eli Lily that was selling for thirteen hundred is going

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Speaker 2: to be sold for two fifty.

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Speaker 3: You know the amazing thing that stocks ating up. I mean,

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Speaker 3: these guys are if they're.

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Speaker 2: Dancing, because it's going to equalize the world. The world's

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Speaker 2: a bigger place and it's going to equalize. I was

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Speaker 2: a little surprise to see that, but I'm happy about it.

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Speaker 2: In addition, Eli Lilly and novo Ortis have agreed to

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Speaker 2: provide all of their other medications to Medicaid at most

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Speaker 2: Favored Nations prices most favored nations, meaning that you will

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Speaker 2: pay the lowest price anywhere in the world.

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Speaker 3: That's what you're gonna pay, whereas before they.

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Speaker 2: Paid low prices that we paid, you know, thousands of

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Speaker 2: percentile ahead.

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Speaker 4: And by the way, the Eli Lily sock price.

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Speaker 2: Consumers at deeply discounted prices we had Trump Rix.

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Speaker 4: Yeah, the Eli Lilly sock price is up right now

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Speaker 4: basically ninety of giving people prices have nine hundred and

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Speaker 4: forty dollars a share. I do not own individually Eli

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Speaker 4: Lilly stock. I am not aware if I own at

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Speaker 4: any level of a fund. I'm not going to endorse it.

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Speaker 4: I'm giving a little disclosure and just sharing what the

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Speaker 4: President was discussed back to him in the oval, talking

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Speaker 4: about lower prices of drugs, specifically weight loss drugs.

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Speaker 6: The beautiful Obama building that he's building in Chicago for

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Speaker 6: the museum, which is now shut it up indead they

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Speaker 6: get it up and they couldn't finish.

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Speaker 3: It's about, would you say.

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Speaker 2: Five years behind schedule at about two thousand percent of

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Speaker 2: a budget.

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Speaker 3: Then he tells us that to run Medicaid.

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Speaker 2: Many of the most widely used drugs will be available

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Speaker 2: for sixty percent off or even more than that.

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Speaker 3: In addition, all new medications introduced.

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Speaker 7: By Eli Lilly and Novo Nordisk to the American market

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Speaker 7: will be sold at the heavily reduced most Favorite Nations price,

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Speaker 7: most Favored Nations price, that's the best.

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Speaker 3: Okay, it will be sold at the heavily reduced.

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Speaker 5: Sometimes my feed like that, that's not you.

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Speaker 4: You're not having a stroke because.

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Speaker 2: They have been thousands of percent and lower than what

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Speaker 2: we were selling in many cases. Furthermore, Eli Lilly is

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Speaker 2: investing twenty seven billion dollars, that's all, and Novo Nordisk

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Speaker 2: will invest ten billion.

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Speaker 3: Dollars that's all. That's peanuts in the United States to

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Speaker 3: reshore and.

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Speaker 2: Do a big domestic manufacturing job in the facilities they're

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Speaker 2: going to spend. So Eli lettis spent twenty seven billion,

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Speaker 2: Novo is spending ten million in the United States.

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Speaker 3: So they're building new plant and equipment.

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Speaker 4: Understand that they're also building plants in other places. There's

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Speaker 4: a story about Eli Lilly engaging a plant in the Netherlands.

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Speaker 4: I believe it is part of a strategy they introduced

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Speaker 4: in twenty twenty. And you're, like Tony tem to know

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Speaker 4: a lot about Eli Lily. They're based here where I

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Speaker 4: live in Indianapolis, and so Lily is always constantly news

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Speaker 4: and following them is kind of what you do. If

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Speaker 4: we are to take this conversation and extrapolate it out,

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Speaker 4: President Trump finally is getting the message, a message we

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Speaker 4: have been delivering from the beginning that you can't tell

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Speaker 4: people everything is great when it's not. You have to

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Speaker 4: explain to them what's happening in the economy, honestly, the

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Speaker 4: moves that you're making, why you're making them, and how

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Speaker 4: it will help them in the long run. You have

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Speaker 4: to get them on your side in a fight. They

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Speaker 4: want to be a part of something. So if the

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Speaker 4: argument is the Democrats won the other day because of affordability,

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Speaker 4: Trump's making an argument of, well, tell people how we're

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Speaker 4: making it more affordable. The drug price is going to

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Speaker 4: be one of the things you hear about in the midterms.

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Speaker 4: Look at what we've done with drug prices. Look At

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Speaker 4: how much more affordable this is. Look at how much

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Speaker 4: more affordable that is. They're going to say we need

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Speaker 4: universal healthcare. Bernie Sanders, Elizabeth Warren and Republicans are going

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Speaker 4: to say, we've lowered the cost. You're welcome. So this

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Speaker 4: is part of a larger conversation and really a story

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Speaker 4: about bad messaging and not getting the story out as

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Speaker 4: we have suggested they do.

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Speaker 2: Here's politicians have talked about making healthcare affordable, but my

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Speaker 2: administration is actually doing it.

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Speaker 3: In Americas deserve the best healthcare.

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Speaker 2: In the world, and we're now getting the best healthcare

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Speaker 2: at the lowest price.

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Speaker 3: So I'd like to ask someone who's doing.

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Speaker 2: A fantastic job, Secretary Kennedy, to say it for your works,

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Speaker 2: followed by doctor Roz, doctor Klopp.

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Speaker 4: And by the way, if Republicans are smart, you'll have

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Speaker 4: more MAHA conversations, make America healthy, young conversations because that

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Speaker 4: success there can't be denied. And if you want to

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Speaker 4: turn some female voters, this might very well be away.

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Speaker 4: So Secretary Kennedy is going to speak first, and I can.

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Speaker 3: Tell you that David Rich is one of the hottest

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Speaker 3: people and the.

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Speaker 4: CEO of Lily well yeah there, yeah, wait that is

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Speaker 4: it isn't.

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Speaker 3: It is pharmaceutical. I believe that's what he's done with

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Speaker 3: Eli Lily is incredible.

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Speaker 2: Both of these gentlemen there, they really are stars in

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Speaker 2: the truest sense.

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Speaker 4: And I believe that's next to Sexual Kennedy. It Bobby

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Speaker 4: Sexual Kennedy to speak.

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Speaker 5: Now, thank you, mister President.

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Speaker 8: I want to start by thanking you, mister President, are

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Speaker 8: declaring or on chronic.

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Speaker 5: Disease in this country.

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Speaker 8: This is something no American president has ever done. If

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Speaker 8: we want to solve the chronic disease crisis, we have

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Speaker 8: to tackle obesity. Obesity is the number one driver of

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Speaker 8: chronic disease. Fifty percent of our adult population are obese

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Speaker 8: or overweight.

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Speaker 4: Drives of healthcare.

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Speaker 8: Costs in this country, diabetes, cardiac diseases. We are going

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Speaker 8: to see a decline because of this historic agreement. We're

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Speaker 8: going to see a decline and costs, but also more importantly,

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Speaker 8: in the afflictions themselves there are. This is President Trumpet

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Speaker 8: is the friend of the forgotten American. Obesity is a

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Speaker 8: disease of poverty, overwhelmingly, and this drug, these drugs have

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Speaker 8: only been available for people who have wealths.

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Speaker 4: Now, what's really happening here? The White House just endorsed

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Speaker 4: weight loss drugs, or as the people say, the fact

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Speaker 4: shot right now calls going into doctors offices saying I'd

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Speaker 4: like to get this.

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Speaker 5: Are through the roof. The game just changed.

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Speaker 4: It was already winning culturally, but the White House just said,

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Speaker 4: you take a kids who you excuse me, I have

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Speaker 4: to go place my order by the way to the

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Speaker 4: chat room. Obesity is absolutely a problem of the poor,

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Speaker 4: but obesity is a problem overall, and it's a problem

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Speaker 4: when you don't get access to more nutritious food, nor

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Speaker 4: to the ability to engage jim or other things. So, yes,

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Speaker 4: it is a legitimate argument. No, it is not singularly

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Speaker 4: amongst people who are poor. That much is true. We're

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Speaker 4: gonna hear more of the president, more from the Secretary.

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Speaker 4: Keep it here. I'm Tony Katz. This is Tony Kats today.

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Speaker 8: And my newsard told me what a pleasure it was

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Speaker 8: to negotiate with people who were smart, who had common sense,

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Speaker 8: who were able to put themselves in his position and

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Speaker 8: hammer out this deal that is good for everybody, and

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Speaker 8: it's great for the American public. I want to close

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Speaker 8: again by just saying this is a tool the toolkit.

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Speaker 8: It is not a silver bullet. It is an arrow

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Speaker 8: in our quiver. It will allow a lot of people

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Speaker 8: who are locked into high risk obesity to finally lose weight,

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Speaker 8: to reset and then start doing the kind of things

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Speaker 8: that will address the root causes of obesity.

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Speaker 4: That is the Secretary of Health and Human Services there,

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Speaker 4: Robert Kennedy, laudatory towards Eli Lilly and Nordisk. It's really

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Speaker 4: something else. And I gotta tell you, President Trump is

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Speaker 4: so relaxed. Now you say to me, Tony, what kind

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Speaker 4: of thing is that? To say? What I'm saying is

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Speaker 4: it's noticeable. He's sitting in the chair in the oval

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Speaker 4: at his desk and usually he's very very upfront and attentive,

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Speaker 4: and the hands kind of crossed and he's leaning in.

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Speaker 4: He is leaning back in the chair. I swear to you,

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Speaker 4: if somebody handed that guy a diet coke with a

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Speaker 4: bendy straw, you would think he was watching the grandkids

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Speaker 4: playing softball on a weekend. It's a weird look. It

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Speaker 4: is a weird look, and people are gonna say he

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Speaker 4: looks tired. I will say, I think the president does

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Speaker 4: look a little bit older. I think that's obvious at

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Speaker 4: this stage of the game. I don't like the positioning.

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Speaker 4: But that's not the story. That's what people are gonna

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Speaker 4: pick on Tony Katz, Tony Katz today. The story is

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Speaker 4: they're talking about these weight loss drugs resetting the scales.

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Speaker 4: If you will on obesity, then as you heard Robert F.

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Speaker 4: Kennedy Junior saying, talking about how you now focus on

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Speaker 4: keeping people healthy and strong. This is a doctor of

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Speaker 4: Mebdaz Center's Medicare and Medicaid now speaking.

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Speaker 3: But it does.

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Speaker 9: It's self clear that the real stake here is the

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Speaker 9: forgotten man. President Trump, I believe you won the election

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Speaker 9: because you remember the forgotten man.

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Speaker 4: You speak to them, they hear.

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Speaker 9: You, they listen to you, and he connects well because

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Speaker 9: he actually does things that maturely change their lives.

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Speaker 4: Secretary Kennedy spoke passionately, as he.

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Speaker 9: Always does, about the problems with the and just to

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Speaker 9: put some very fine point numbers on this, obesity itself

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Speaker 9: is responsible for half of all chronic disease. It definitely

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Speaker 9: generates more than a quarter of all the money we

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Speaker 9: spend out of CMS, to one point seventy five trillion

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Speaker 9: dollars that we spend annually. We need to address this

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Speaker 9: tempest of dramatically increasing prices for healthcare, and you're not

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Speaker 9: going to do it just by throwing money at the problem.

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Speaker 9: You have to actually literally deal with the causes of

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Speaker 9: the increase in price. And pharmaceutical prices are part of that.

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Speaker 9: They've been a part of it for a long time.

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Speaker 9: But this president insisted that we addressed it. In fact,

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Speaker 9: the first time I heard this directly promuc there was

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Speaker 9: in January mar A Lago where he took Secretary Kennedy, myself,

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Speaker 9: mister Rix who were here from in a second to

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Speaker 9: dinner and demanded explanations for most favorite nation pricing and

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Speaker 9: what's wrong with it and there was not a good

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Speaker 9: reason against it. Now, MAHA is critical America will have

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Speaker 9: to get fit in order to.

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Speaker 5: Write size the healthcare system.

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Speaker 4: And MAHA has the answers.

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Speaker 9: It has obesity management through diet and exercise and sleep

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Speaker 9: with issues related to that. And I want to say

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Speaker 9: it as clear as I can. Obesity is not an

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Speaker 9: absence of GLP one drugs. We're all clear on that.

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Speaker 9: But as Secretary Kennedy said, it is an arrow in

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Speaker 9: our quiver that we must use and should use.

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Speaker 4: This is a very very smart presentation. This isn't a

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Speaker 4: cure all, but this is something that can help some

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Speaker 4: people to help us then help ourselves bring down the

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Speaker 4: level of cost because we're bettering healthcare outcomes. This is

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Speaker 4: a good conversation and something that's been noted. And when

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Speaker 4: we talk about the elections in New York, New Jersey,

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Speaker 4: Virginia where Democrats swept those which also was the expected

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Speaker 4: Republicans did not avail themselves of this message. They didn't

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Speaker 4: share the Maha message, which, as we've discussed, works, It's working.

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Speaker 4: Moms are appreciative, people are seeing it. This connects on

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Speaker 4: a level so much deeper than anything politically. How would

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Speaker 4: I even figure out which thing it is? What policy

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Speaker 4: conversation could be had. This is about whether or not

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Speaker 4: you know your kids are safe. This is whether or

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Speaker 4: not about you. If you're feeling trapped, you have a chance.

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Speaker 4: And here they are doing it again. I will tell you,

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Speaker 4: I don't know if the president has this authority. I

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Speaker 4: don't know under which authority you force these things to happen.

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Speaker 4: And there's gonna be a real look at this. But

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Speaker 4: if people say I can now get with go vio

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Speaker 4: zempic zep bamnjarra, whatever it is, and I can lose

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Speaker 4: twenty four pounds and because of that I have a

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Speaker 4: better X y Z result, better health result, better freedom result,

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Speaker 4: people are going to jump all over it, jump all

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Speaker 4: over it. Yes, as a conservative, I ask myself, how

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Speaker 4: does this apply to a level of free markets if

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Speaker 4: indeed these companies are engaged via force? Now, government is forced.

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Speaker 4: It's all it's ever been, at all it ever can be.

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Speaker 4: And I am not in favor of force. I do, however,

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Speaker 4: recognize that politically this is a winner. It's a winner.

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Speaker 4: And I also recognize engaged in the post mortem of

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Speaker 4: the elections, because you should always look at Okay, where'd

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Speaker 4: you go wrong? And I'm learning a lot about how

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Speaker 4: win some seers was not a good candidate in Virginia,

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Speaker 4: didn't run a good campaign. I heard stories off the record.

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Speaker 4: I can't believe the consultant class needs to be horsewhipped.

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Speaker 5: But you already knew that.

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Speaker 4: I'm not telling you anything you didn't already know about

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Speaker 4: the consultant class. Stories I can't. I can't say them

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Speaker 4: on air. If I thought I could say them on air,

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Speaker 4: I would stories that you will not believe and will

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Speaker 4: also make you say, of course they didn't. Of course

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Speaker 4: they did. You'll just it's one of those This subject,

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Speaker 4: this maha subject, this health of your children, this health

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Speaker 4: of you. This is a winner as a matter of

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Speaker 4: just sheer politics. This is a winning argument. So Meminaz

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Speaker 4: is still speaking. We are expecting to hear from the

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Speaker 4: CEOs of a couple of these companies. Howard Commerce Secretary

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Speaker 4: is there, Doctor Martey McCary of the FDA, is there

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Speaker 4: as well. And then I'm assuming Trump's gonna answer questions

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Speaker 4: because that's what he does.

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Speaker 5: Because there's a camera. There's always a camera.

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Speaker 4: We're gonna listen smoking. If you got a much more

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Speaker 4: to get to. This is Tony Katz today.

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Speaker 10: Last, that's twitchy. Make sure that's clear. So I want

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Speaker 10: to highlight two other really important points that make me

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Speaker 10: love this deal so very much. First, this isn't about

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Speaker 10: spending more. It's about spending smarter. The statings from the

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Speaker 10: diabetes drug price reductions are being used in a cost

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Speaker 10: neutral way to fund the new indications for taxpayers. That's amazing,

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Speaker 10: and that happens inside of that same twenty four month period.

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Speaker 10: It's a cost neutral we're spending the money more wisely.

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Speaker 10: But second, this isn't just about lower drug prices for Americans,

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Speaker 10: though it does do that. But together with physical activity,

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Speaker 10: with healthy eating and diet, and where appropriate, the use

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Speaker 10: of breakthrough GLP ones, the real return on investment is

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Speaker 10: healthy Americans, lower chronic disease, lower costs we estimate by

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Speaker 10: tens of billions of dollars a year, and most importantly,

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Speaker 10: higher productivity. Today is about freeing Americans from the weight

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Speaker 10: literally and figuratively that holds us back. It's about unlocking

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Speaker 10: the potential of every citizen to live fully, to contribute fully,

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Speaker 10: and to find joy in their health. We cannot reach

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Speaker 10: our full potential as a nation. We do not reach

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Speaker 10: our full potential as individuals, and we cannot reach our

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Speaker 10: full potential as individuals if we are not healthy.

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Speaker 4: That is the press conference happening now in the Oval

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Speaker 4: Office talking about the reduction of weight loss drugs and

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Speaker 4: how these prices will come down, how they're getting this

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Speaker 4: most favored nation type of pricing. A huge announcement there

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Speaker 4: with the CEOs of Lily and other companies memoads from

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Speaker 4: centators for Medicare Medicaid. Robert Kennedy is there. This is

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Speaker 4: Dave Rix of Eli Lillily in honor to be here today.

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Speaker 11: For this historic step forward to expand access to a

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Speaker 11: class of medications that can fundamentally change the arc of

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Speaker 11: chronic disease in our country. Of course, these are the

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Speaker 11: innkretin or GLP one agonist that we've been speaking about

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Speaker 11: for nearly one hundred and fifty years. My company, Eli

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Speaker 11: Lilly has been investing in America. We've been advancing science

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Speaker 11: and creating high value jobs.

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Speaker 4: But today somebody there just passed out. One of the

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Speaker 4: people behind him just passed out right there. That happens.

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Speaker 4: They're going to move the press, I assume, out of

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Speaker 4: the room, legs up, to try the very best to

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Speaker 4: get blood flow going. Is of course going to be

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Speaker 4: seen as ironic that someone would pass out while they're

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Speaker 4: talking about healthcare right there. That is not surprising. That

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Speaker 4: is not the announcement that they want or anybody wanted,

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Speaker 4: certainly help that they are all right, Tony Katz, Tony

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Speaker 4: Kats today, good to be with you. That is absolutely

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Speaker 4: not what you wanted to see. They were going gangbusters,

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Speaker 4: and of course I did want to hear what the

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Speaker 4: CEO of Eli Lilly had to say. It happens standing

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Speaker 4: too long, or when you're older, you didn't eat the

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Speaker 4: right thing. You just feel a lobby and they caught them,

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Speaker 4: They noticed it, They caught them, legs up, get the

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Speaker 4: blood flow going back. And I assume that they will

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Speaker 4: in many many ways reset this and continue this conversation.

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Speaker 4: I hope so, because this is a very very very

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Speaker 4: large deal and to the idea of this working for

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Speaker 4: and being a huge thing that Republicans can utilize going forward.

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Speaker 4: It can't be set enough, cannot be set enough that

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Speaker 4: this has tremendous value for Republicans going into those midterm races,

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Speaker 4: and those midterm races already have to be focused on.

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Speaker 4: We've been talking about this. We have been talking about

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Speaker 4: this for months. November third, twenty twenty six. That's all

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Speaker 4: there is that we have to be focused on. How

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Speaker 4: that is going to work, how that is going to

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Speaker 4: come together. This brings us to the idea of the

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Speaker 4: election post mortem. And I have been covering this stuff

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Speaker 4: and following this stuff for a long time. I have

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Speaker 4: never seen Republicans so quick to agreement. The agreement. Yep,

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Speaker 4: we screwed up on the affordability conversation. Yeah, we mess

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Speaker 4: it up. This is on us. We did it. It's

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Speaker 4: our fault. I'm sorry. What now? Oh yeah, yeah, no, no, no, no,

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Speaker 4: this is ten thousand percent on us. We did this wrong.

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Speaker 4: I don't care who you're talking to. I've got national review.

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Speaker 4: Affordability will be everything in twenty twenty six. I have

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Speaker 4: got Oh where do I have it? The op ed

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Speaker 4: from from the vek Ramaswami in The New York Post.

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Speaker 4: Tuesday's elections were a GOP wake up call for these

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Speaker 4: two reasons. One, economics won the culture war. Now this

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Speaker 4: gets kind of interesting because this is not wholly accurate.

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Speaker 4: The vek Ramaswami, the former presidential candidate the gubernatorial candidate

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Speaker 4: in Ohio. He writes, too many Americans feel like they

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Speaker 4: can't afford a decent life when cost of version faster

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Speaker 4: than wages over the last half decade. We can't hide

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Speaker 4: from the problem because it isn't going away. The Biden

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Speaker 4: administration aggressively pushed the idea that wages are going up.

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Speaker 4: Wages are going up, Wages are going up. Look at us.

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Speaker 4: Wages are going up. This is terrific. Wages are going up.

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Speaker 4: But it did not connect to the price of things

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Speaker 4: going up. So you can talk about wages going up

436
00:26:21,160 --> 00:26:23,040
Speaker 4: from now until the end of time. It didn't matter.

437
00:26:23,119 --> 00:26:26,240
Speaker 4: Everything costs too much, and it was believed that everything

438
00:26:26,240 --> 00:26:29,920
Speaker 4: costs too much. Now that second part matters, because even

439
00:26:29,920 --> 00:26:33,520
Speaker 4: if there was a product under Biden that didn't actually

440
00:26:33,560 --> 00:26:37,520
Speaker 4: go up, the feeling was everything was more expensive. Inflation

441
00:26:37,640 --> 00:26:42,080
Speaker 4: made it that way. The feeling is things still cost

442
00:26:42,119 --> 00:26:46,080
Speaker 4: too much today under Donald Trump. I don't care what

443
00:26:46,160 --> 00:26:49,640
Speaker 4: Scott Besson says, I don't care what argument the secretary

444
00:26:49,600 --> 00:26:54,560
Speaker 4: of the Treasury secretary makes, who cares? The feeling is there.

445
00:26:55,240 --> 00:26:57,440
Speaker 4: And you say to me, well, the price of eggs

446
00:26:57,440 --> 00:26:59,280
Speaker 4: has come down, the price of gases come down. I say,

447
00:26:59,280 --> 00:27:04,040
Speaker 4: both those things are great. Someone said, uh, health insurance

448
00:27:04,040 --> 00:27:04,880
Speaker 4: costs have come down.

449
00:27:05,600 --> 00:27:07,080
Speaker 5: I don't know about that.

450
00:27:08,920 --> 00:27:10,600
Speaker 4: But you feel like you're paying more for your electric

451
00:27:10,600 --> 00:27:13,160
Speaker 4: pill you're paying more for your car insurance. Some people

452
00:27:13,200 --> 00:27:15,160
Speaker 4: tell you car insurance come down. I don't believe that.

453
00:27:15,359 --> 00:27:17,800
Speaker 5: And oh my gosh, property taxes.

454
00:27:19,560 --> 00:27:24,320
Speaker 4: And the everyday think. I hang out with a unique

455
00:27:24,320 --> 00:27:29,320
Speaker 4: group of people and I and I don't hang out

456
00:27:29,520 --> 00:27:33,800
Speaker 4: with people in my industry. I just I just don't.

457
00:27:33,840 --> 00:27:36,760
Speaker 4: I have friends in my industry, but I don't hang

458
00:27:36,800 --> 00:27:39,280
Speaker 4: out with them on the regular. I hang out with

459
00:27:39,320 --> 00:27:45,040
Speaker 4: people who are entrepreneurs. I like people who create. I

460
00:27:45,080 --> 00:27:51,520
Speaker 4: like people who build things, the the the the producers

461
00:27:52,119 --> 00:27:59,720
Speaker 4: of society and different industries and in different places. They

462
00:28:00,840 --> 00:28:06,320
Speaker 4: in these conversations with these people who are outrageously successful,

463
00:28:09,320 --> 00:28:12,520
Speaker 4: I've heard more about the cost of everything than I have,

464
00:28:12,640 --> 00:28:17,280
Speaker 4: and all the time I've known them. That's an anecdotal conversation.

465
00:28:18,320 --> 00:28:23,639
Speaker 4: I hear you the cost of everything, and one of

466
00:28:23,680 --> 00:28:27,560
Speaker 4: them was telling a story that because they're in the

467
00:28:27,600 --> 00:28:32,320
Speaker 4: food business, food related businesses, they were testing out what

468
00:28:32,400 --> 00:28:34,679
Speaker 4: somebody else has to offer. And they ordered a sandwich

469
00:28:34,680 --> 00:28:36,359
Speaker 4: from one of these places that you can order a

470
00:28:36,400 --> 00:28:39,400
Speaker 4: sandwich from. They had it delivered, and it was a sandwich,

471
00:28:40,680 --> 00:28:42,720
Speaker 4: and it was a bag of potato chips, and it

472
00:28:42,960 --> 00:28:46,280
Speaker 4: was a two liter bottle of soda. They wanted to

473
00:28:46,280 --> 00:28:50,520
Speaker 4: see how it all came up. Anyway, that bill was

474
00:28:51,240 --> 00:28:53,560
Speaker 4: what was it thirty five dollars or was it fifty dollars?

475
00:28:53,800 --> 00:28:55,440
Speaker 4: The point is it was over thirty dollars for a

476
00:28:55,520 --> 00:29:00,960
Speaker 4: sandwich or two liter of soda and chips. We have

477
00:29:01,120 --> 00:29:03,480
Speaker 4: argued on this show before, and I use argument for

478
00:29:03,640 --> 00:29:05,400
Speaker 4: at or argue for a lack of a better word.

479
00:29:05,440 --> 00:29:09,680
Speaker 4: I don't mean we're arguing. I've stated on this show

480
00:29:09,720 --> 00:29:20,959
Speaker 4: before that part of what keeps society at ease is

481
00:29:21,040 --> 00:29:30,200
Speaker 4: being able to do the everyday things. The everyday things

482
00:29:30,240 --> 00:29:37,360
Speaker 4: matter and matter greatly, and if one cannot do the

483
00:29:37,600 --> 00:29:46,160
Speaker 4: everyday things, everything goes to hell and a hand basket.

484
00:29:46,720 --> 00:29:51,760
Speaker 5: The everyday things involve being able to.

485
00:29:51,800 --> 00:29:57,440
Speaker 4: Take your kids out for ice cream, It involves going

486
00:29:57,480 --> 00:30:01,160
Speaker 4: out to dinner every now and again, and it's not

487
00:30:01,320 --> 00:30:04,040
Speaker 4: to the finest steakhouse in all the land. It's to

488
00:30:04,120 --> 00:30:09,520
Speaker 4: the Texas Roadhouse. And sure there are better cuts of meat,

489
00:30:09,520 --> 00:30:11,520
Speaker 4: but they bring it to you and there are roles,

490
00:30:11,560 --> 00:30:14,240
Speaker 4: and they refill your drink and they take care of you,

491
00:30:14,280 --> 00:30:17,160
Speaker 4: and you feel like a person. You feel like a

492
00:30:17,200 --> 00:30:21,800
Speaker 4: person if you are at.

493
00:30:23,720 --> 00:30:28,280
Speaker 5: The local Wendy's. You ever go to the Wendy's, and I.

494
00:30:28,240 --> 00:30:30,600
Speaker 4: Call it the Wendy's because I don't know why. It's

495
00:30:30,640 --> 00:30:37,440
Speaker 4: just Wendy's. And you can see a white father with

496
00:30:37,560 --> 00:30:43,320
Speaker 4: his white son dipping French fries into a frosty, and

497
00:30:43,360 --> 00:30:45,800
Speaker 4: then at another table, you can see a black father

498
00:30:45,960 --> 00:30:51,840
Speaker 4: with his black son dipping French fries into a frosty.

499
00:30:52,480 --> 00:30:56,400
Speaker 4: The connective tissue is that this is something I could

500
00:30:56,480 --> 00:30:58,760
Speaker 4: afford to do with my kid. I don't know how

501
00:30:58,880 --> 00:31:02,320
Speaker 4: much each one makes. I'm talking about the moment.

502
00:31:04,400 --> 00:31:09,320
Speaker 12: When you cannot afford those moments when you cannot afford

503
00:31:09,640 --> 00:31:13,280
Speaker 12: to take the family out to dinner, when you cannot

504
00:31:13,280 --> 00:31:16,080
Speaker 12: afford to go with the wife.

505
00:31:15,600 --> 00:31:21,120
Speaker 4: To the Texas Roadhouse. Then you start asking what the

506
00:31:21,120 --> 00:31:25,680
Speaker 4: hell am I working so hard for? You start asking

507
00:31:26,280 --> 00:31:29,800
Speaker 4: what is this, What am I doing here? Why am

508
00:31:29,880 --> 00:31:34,640
Speaker 4: I busting my hump here? The basics make everything okay

509
00:31:34,720 --> 00:31:36,840
Speaker 4: because in that moment you take a breath and you're like,

510
00:31:36,840 --> 00:31:41,600
Speaker 4: all right, I'm doing things right. Doesn't really take much.

511
00:31:42,400 --> 00:31:47,920
Speaker 4: Never has too many Americans feel like they can't afford

512
00:31:47,960 --> 00:31:52,000
Speaker 4: a decent life. Yes, and it's because these costs are

513
00:31:52,040 --> 00:31:58,560
Speaker 4: still indeed too high. That is true, and that needs

514
00:31:58,640 --> 00:32:03,000
Speaker 4: to be addressed, not through the nonsense policies of Mom,

515
00:32:03,120 --> 00:32:09,400
Speaker 4: Dannie or any of these progressives, but through recognizing where

516
00:32:09,400 --> 00:32:16,640
Speaker 4: the issues are and keying in on them. Ramaswami then

517
00:32:16,680 --> 00:32:20,239
Speaker 4: gets into the idea that you can't focus on the

518
00:32:20,240 --> 00:32:26,000
Speaker 4: cultural issues. This is not true. The cultural issues matter greatly,

519
00:32:27,400 --> 00:32:33,000
Speaker 4: it's just they don't replace and Toto. Pocketbook issues now

520
00:32:33,120 --> 00:32:36,040
Speaker 4: seems to have been a winsome Earl Sears problem in Virginia,

521
00:32:36,600 --> 00:32:41,280
Speaker 4: and that could be other people's problems living the life

522
00:32:41,600 --> 00:32:45,400
Speaker 4: that allows you to feel like it's worth it. That

523
00:32:45,560 --> 00:32:50,920
Speaker 4: has to be the focus. Bill Clinton, when he wasn't

524
00:32:52,080 --> 00:32:55,320
Speaker 4: dilly dallying, if you know what I mean, had it right.

525
00:32:56,680 --> 00:33:03,400
Speaker 4: It's the economy stupid, That's all it is. Focus can

526
00:33:03,440 --> 00:33:07,040
Speaker 4: bring victory. This is Tony kats today. So Nancy BELOWSI

527
00:33:07,040 --> 00:33:17,480
Speaker 4: has decided not to run for reelection. Okay, I guess

528
00:33:17,480 --> 00:33:20,120
Speaker 4: she's made enough money for her retirement fund. She doesn't

529
00:33:20,120 --> 00:33:24,080
Speaker 4: need it anymore. Tony Katz, Tony Katz today, Good to

530
00:33:24,120 --> 00:33:26,800
Speaker 4: be with you, Good to be here. I'll have more

531
00:33:27,200 --> 00:33:33,120
Speaker 4: on that coming up in a little bit. This story

532
00:33:35,200 --> 00:33:42,080
Speaker 4: about Marshawn neland so he plays for the Dallas Cowboys.

533
00:33:42,400 --> 00:33:45,200
Speaker 4: He had a huge game. Was it was it Monday night?

534
00:33:45,880 --> 00:33:51,760
Speaker 4: They're playing the Cardinals. He's a defensive end, scored his

535
00:33:51,800 --> 00:33:52,680
Speaker 4: first touchdown.

536
00:33:55,120 --> 00:33:59,120
Speaker 5: Took his life this morning, the age of twenty four.

537
00:34:00,600 --> 00:34:07,680
Speaker 4: Now there are still stories coming out, a history of

538
00:34:07,720 --> 00:34:14,400
Speaker 4: mental illness, a possibility of an interaction with the police.

539
00:34:15,280 --> 00:34:18,480
Speaker 4: DPS in Texas As saying that its officers attempt to

540
00:34:18,520 --> 00:34:20,560
Speaker 4: stop a vehicle and it's for a traffic violation at

541
00:34:20,600 --> 00:34:25,120
Speaker 4: ten thirty three pm. Vehicle did not stop, an unsuccessful

542
00:34:25,200 --> 00:34:35,319
Speaker 4: pursuit unfolded. It's a horrifying story to already be in

543
00:34:35,360 --> 00:34:37,560
Speaker 4: a bad place and to think, oh my gosh, the

544
00:34:37,560 --> 00:34:45,000
Speaker 4: cops and now it's over. And ask your kids how

545
00:34:45,040 --> 00:34:49,120
Speaker 4: they're doing, Ask your spouse how they're doing, Ask your

546
00:34:49,120 --> 00:34:56,319
Speaker 4: friends how they're doing. It's not weak. It's not, it

547
00:34:56,400 --> 00:35:04,200
Speaker 4: is not. There is a suicide prevention hotline. It's now

548
00:35:04,280 --> 00:35:09,560
Speaker 4: a three digit nine eight eight. Don't ever, don't ever

549
00:35:09,600 --> 00:35:11,880
Speaker 4: think you're not worth it, not for a second. That

550
00:35:12,000 --> 00:35:16,080
Speaker 4: is untrue. This is Tony Katz today,