1 00:00:00,560 --> 00:00:02,200 Speaker 1: It's nice eyes with Dan Ray. 2 00:00:02,800 --> 00:00:03,880 Speaker 2: I'm felling razy. 3 00:00:04,280 --> 00:00:06,680 Speaker 3: Boston's news radio. 4 00:00:06,160 --> 00:00:10,239 Speaker 1: Selfis Nick's Blue Jays Dodgers. I hope you'll listen into 5 00:00:10,720 --> 00:00:12,840 Speaker 1: the best game in town night Side with Dan Ray. 6 00:00:13,200 --> 00:00:14,120 Speaker 4: My name is Dan Ray. 7 00:00:14,520 --> 00:00:18,479 Speaker 1: Heard here every Monday through Friday night from eight until midnight. 8 00:00:18,600 --> 00:00:21,000 Speaker 1: Rob Brooks is back in the control room. Rob is 9 00:00:21,040 --> 00:00:24,640 Speaker 1: going to have a very important week off next week, 10 00:00:24,680 --> 00:00:27,040 Speaker 1: and Rob, I hope you enjoy your vacation. It is 11 00:00:27,160 --> 00:00:30,680 Speaker 1: well earned, that is for sure. We're going to talk 12 00:00:30,840 --> 00:00:34,520 Speaker 1: about the CPI report today, going to ask you how 13 00:00:34,520 --> 00:00:39,159 Speaker 1: you're doing with inflation, inflation RAID holding steady at three percent. 14 00:00:39,640 --> 00:00:41,920 Speaker 4: It certainly was good news in the stock market today. 15 00:00:41,920 --> 00:00:43,560 Speaker 1: And then later on we're going to talk about whether 16 00:00:43,640 --> 00:00:47,879 Speaker 1: or not Donald Trump is a teflon president, meaning despite 17 00:00:47,920 --> 00:00:52,159 Speaker 1: what I think, so many issues surround him, nothing seems 18 00:00:52,200 --> 00:00:54,280 Speaker 1: to stick. Well, we'll talk to you about that at 19 00:00:54,320 --> 00:00:57,720 Speaker 1: ten o'clock, and then later on tonight in our twentieth hour, 20 00:00:58,000 --> 00:01:01,160 Speaker 1: I think we're going to go to a question that 21 00:01:01,200 --> 00:01:03,960 Speaker 1: everyone can answer, that is, what is your favorite pizza, 22 00:01:04,640 --> 00:01:07,960 Speaker 1: Whether it's a stroll bought pizza, pizza that you eat 23 00:01:08,000 --> 00:01:12,480 Speaker 1: out at a restaurant, or maybe a pizza chain. You'll 24 00:01:12,520 --> 00:01:15,480 Speaker 1: have plenty of opportunities at eleven. Of course, everyone has 25 00:01:15,480 --> 00:01:18,040 Speaker 1: a hall pass. You can call in any night this week, 26 00:01:18,080 --> 00:01:19,679 Speaker 1: and then you get that hall pass in the eleven 27 00:01:19,720 --> 00:01:23,319 Speaker 1: o'clock hour on Friday night, what we call the twentieth 28 00:01:23,360 --> 00:01:24,800 Speaker 1: hour of the week, because we're on the air five 29 00:01:24,880 --> 00:01:25,880 Speaker 1: nights a week, four hours. 30 00:01:25,880 --> 00:01:26,199 Speaker 4: Tonight. 31 00:01:26,720 --> 00:01:31,560 Speaker 1: We're going to start off tonight with a new professional 32 00:01:31,600 --> 00:01:35,520 Speaker 1: sports league. This is one that was brought to my 33 00:01:35,840 --> 00:01:39,240 Speaker 1: attention by a friend of mine who tonight is in 34 00:01:39,319 --> 00:01:42,640 Speaker 1: a christ Church, New Zealand, and I hope that he's 35 00:01:42,760 --> 00:01:46,800 Speaker 1: listening on the radio because I'm going to introduce Michael Toe. 36 00:01:47,400 --> 00:01:52,200 Speaker 1: He's the owner of the Boston Dragons pickleball team. The 37 00:01:52,240 --> 00:01:57,000 Speaker 1: Boston Dragons have a senior professional picketball team and an 38 00:01:57,120 --> 00:02:01,080 Speaker 1: upcoming event this weekend out at page Its Place. So, 39 00:02:01,200 --> 00:02:03,560 Speaker 1: first of all, Michael to welcome to Night Side. How 40 00:02:03,560 --> 00:02:05,320 Speaker 1: are you Dan? 41 00:02:05,400 --> 00:02:07,320 Speaker 3: Thank you so much for having me, appreciate it. 42 00:02:07,440 --> 00:02:10,560 Speaker 1: Delighted to have you with us. I am not a 43 00:02:10,600 --> 00:02:14,120 Speaker 1: devil day of picketball, I will have you know, but 44 00:02:14,120 --> 00:02:17,640 Speaker 1: but it certainly seems to be the rage amongst a 45 00:02:17,680 --> 00:02:20,360 Speaker 1: lot of folks as I as I say, on the 46 00:02:20,400 --> 00:02:23,320 Speaker 1: wrong side of fifty. Now, I think you're a little 47 00:02:23,360 --> 00:02:27,720 Speaker 1: younger than that. But you're an avid pickleball player, and 48 00:02:28,560 --> 00:02:31,919 Speaker 1: how are you going to make a senior pro pickleball 49 00:02:32,040 --> 00:02:35,480 Speaker 1: team work. I guess you've already had some tryouts and 50 00:02:35,520 --> 00:02:37,320 Speaker 1: you've picked your team. Tell us about it. 51 00:02:37,800 --> 00:02:41,800 Speaker 3: Sure, yeah, it's we are well. Pickleball is the fastest 52 00:02:41,800 --> 00:02:45,480 Speaker 3: growing sport in the country, and it's surprisingly it's actually 53 00:02:45,520 --> 00:02:49,720 Speaker 3: not just for people like myself fifty and older. There 54 00:02:49,720 --> 00:02:52,760 Speaker 3: are you know, the young kids are playing. You know, 55 00:02:52,800 --> 00:02:56,320 Speaker 3: they're college teams now. It's talked about being an Olympic sport. 56 00:02:57,000 --> 00:02:59,160 Speaker 3: It's hard about being you know, a high school. A 57 00:02:59,200 --> 00:03:01,560 Speaker 3: lot of clubs now, but they're kind of close to 58 00:03:01,639 --> 00:03:06,120 Speaker 3: being an official sport. And I'm proud to bring the 59 00:03:06,160 --> 00:03:10,320 Speaker 3: first pro pickleball team to Massachusetts, the Boston Dragon. So 60 00:03:10,639 --> 00:03:13,880 Speaker 3: it's it's been exciting. This is our not inaugural season 61 00:03:14,440 --> 00:03:19,560 Speaker 3: of the USLPL, the United States Pickleball League, and we 62 00:03:19,720 --> 00:03:22,720 Speaker 3: just had our second major event down in Philly. We're 63 00:03:22,720 --> 00:03:26,440 Speaker 3: down in Indianapolis and we go to Baltimore next. It's 64 00:03:26,639 --> 00:03:28,920 Speaker 3: it's it's exciting, no, really exciting. 65 00:03:29,520 --> 00:03:32,240 Speaker 1: You come to Boston at some point, I hope during 66 00:03:32,280 --> 00:03:36,120 Speaker 1: the pickleball season. But you have an event this weekend 67 00:03:38,400 --> 00:03:42,120 Speaker 1: when the Patriots are playing the Browns, and we do 68 00:03:42,640 --> 00:03:45,119 Speaker 1: tell us, tell us how that where is it going 69 00:03:45,160 --> 00:03:48,720 Speaker 1: to be? How proximate will it be to Jillette State, 70 00:03:48,840 --> 00:03:50,160 Speaker 1: Jillette Stadium. 71 00:03:50,680 --> 00:03:52,840 Speaker 3: Oh, we'll be right at Patriots Place at eleven oh. 72 00:03:52,920 --> 00:03:57,400 Speaker 3: We that's our practice facility and eleven oh has six 73 00:03:57,440 --> 00:04:02,200 Speaker 3: outdoor courts and right right by Trader Joe's there where 74 00:04:02,360 --> 00:04:05,080 Speaker 3: twenty thousand people head over from the parking lots, you 75 00:04:05,120 --> 00:04:07,839 Speaker 3: know Sunday morning to head towards Jillette Stadium. We see 76 00:04:07,840 --> 00:04:10,040 Speaker 3: the stadium right right with the courts and where the 77 00:04:10,120 --> 00:04:12,880 Speaker 3: people walk right by. We're going to host. We're going 78 00:04:12,880 --> 00:04:14,960 Speaker 3: to have a lot of our members of our team 79 00:04:15,040 --> 00:04:17,680 Speaker 3: who are who are local. We have our practice squad. 80 00:04:17,720 --> 00:04:20,839 Speaker 3: We've brought in the bu Pickleball Club for some younger 81 00:04:21,160 --> 00:04:26,040 Speaker 3: competition with tips and you know, giveaways and a lot 82 00:04:26,080 --> 00:04:29,560 Speaker 3: of giveaways from from our title sponsor, doctor Frank and 83 00:04:29,600 --> 00:04:32,880 Speaker 3: Boston Paulo Therapy, which would be great photo booths and 84 00:04:33,240 --> 00:04:35,760 Speaker 3: serve contests. You know, come down to see if you 85 00:04:35,800 --> 00:04:38,040 Speaker 3: can be the be the senior pro so. 86 00:04:38,040 --> 00:04:42,840 Speaker 1: By Our mutual friend Al Frankie is involved in this 87 00:04:43,040 --> 00:04:47,400 Speaker 1: as well. He is He's a very active individual, that 88 00:04:47,600 --> 00:04:51,040 Speaker 1: is for sure. When did this senior. 89 00:04:50,720 --> 00:04:53,040 Speaker 4: Pickleball league form? 90 00:04:53,400 --> 00:04:56,960 Speaker 1: I mean, it's real, it's very new, correct it is. 91 00:04:57,040 --> 00:05:02,200 Speaker 3: We started at the Pickleball US opened down Florida where 92 00:05:02,680 --> 00:05:05,279 Speaker 3: teams are brought in. I'm a senior row pro player. 93 00:05:05,320 --> 00:05:08,360 Speaker 3: I've played for years and for a few years as 94 00:05:08,360 --> 00:05:12,320 Speaker 3: a senior pro, and they said that there's a need here. 95 00:05:12,520 --> 00:05:15,600 Speaker 3: Pick a ball is done usually in a pro pro format, 96 00:05:15,600 --> 00:05:17,880 Speaker 3: but it's it's done with, you know, kind of a 97 00:05:17,920 --> 00:05:21,880 Speaker 3: tournament format. This is actually a team with a league 98 00:05:22,040 --> 00:05:25,520 Speaker 3: or a pro team league. We have twelve teams across the country, 99 00:05:26,440 --> 00:05:30,280 Speaker 3: fourteen players on each team, and we had our combine 100 00:05:30,400 --> 00:05:33,120 Speaker 3: down in Virginia where we draft. We had hundreds of 101 00:05:33,120 --> 00:05:35,160 Speaker 3: people try out to be on this team, and I 102 00:05:35,520 --> 00:05:40,200 Speaker 3: drafted fourteen players, nine players who are local two and 103 00:05:40,240 --> 00:05:43,240 Speaker 3: a half hours within two and a half hours from Boston. 104 00:05:43,480 --> 00:05:46,719 Speaker 3: And it's been it's been nothing. It's been so much fun. 105 00:05:46,960 --> 00:05:49,200 Speaker 3: I mean when I first did it, I was like, 106 00:05:49,240 --> 00:05:52,760 Speaker 3: all right, I had probably five percent capacity in my time, 107 00:05:52,880 --> 00:05:55,520 Speaker 3: and now it's probably taking ninety five percent of my time, 108 00:05:55,760 --> 00:05:57,760 Speaker 3: but I'm loving every minute of it. So much fun, 109 00:05:58,040 --> 00:05:58,960 Speaker 3: such a great sport. 110 00:05:59,480 --> 00:06:01,960 Speaker 2: It's really and really a drink come true. 111 00:06:02,040 --> 00:06:03,599 Speaker 4: Okay, so this is a passion for you. 112 00:06:03,720 --> 00:06:07,200 Speaker 1: If folks stop by at Gillette, whether they're going to 113 00:06:07,320 --> 00:06:10,560 Speaker 1: the game or I don't know, if you'll continue the 114 00:06:10,600 --> 00:06:14,800 Speaker 1: exhibition once the crowd is inside for the football game. 115 00:06:14,920 --> 00:06:18,360 Speaker 1: The people, I guess could combine, you know, after one 116 00:06:18,400 --> 00:06:21,960 Speaker 1: o'clock after kickoff, how long, what time does the exhibition start, 117 00:06:22,000 --> 00:06:25,599 Speaker 1: when does it end? And how much interaction can people 118 00:06:25,760 --> 00:06:27,400 Speaker 1: Obviously people are not going to be able to get 119 00:06:27,400 --> 00:06:29,479 Speaker 1: out on the court and play, I understand that, but 120 00:06:29,560 --> 00:06:32,360 Speaker 1: they can observe what's going on and get a sense 121 00:06:32,480 --> 00:06:35,560 Speaker 1: what can they do interactively. 122 00:06:35,160 --> 00:06:36,120 Speaker 4: With you for sure. 123 00:06:36,320 --> 00:06:40,440 Speaker 3: It's actually yeah, it's actually we're doing it before the game. 124 00:06:40,520 --> 00:06:43,240 Speaker 3: So it's ten am to about one pm. We're gonna 125 00:06:43,240 --> 00:06:45,600 Speaker 3: be playing this, you know, six outdoor courts, but we've 126 00:06:45,640 --> 00:06:48,600 Speaker 3: been we'll have people come in and join us to play. 127 00:06:48,680 --> 00:06:51,520 Speaker 3: There's it's free. Uh, there's gonna be you know, tons 128 00:06:51,520 --> 00:06:55,400 Speaker 3: of giveaways, pictures, players, different contests. You know. There's you 129 00:06:55,400 --> 00:06:57,600 Speaker 3: know at eleven how they have a beer garden there. 130 00:06:57,600 --> 00:06:59,440 Speaker 3: So people wanted to buy drinks and food. They're more 131 00:06:59,480 --> 00:07:01,000 Speaker 3: than welcome to do that. But in terms of coming 132 00:07:01,000 --> 00:07:04,200 Speaker 3: into play and join in, you know, we've done this, 133 00:07:04,640 --> 00:07:07,280 Speaker 3: we've done this once before and we've had people come 134 00:07:07,320 --> 00:07:10,200 Speaker 3: in and kind of try there to hand out to 135 00:07:10,240 --> 00:07:13,160 Speaker 3: see how, you know, see if they can beat a 136 00:07:13,200 --> 00:07:15,880 Speaker 3: senior for a player. You know, it's a lot of fun. 137 00:07:15,920 --> 00:07:17,200 Speaker 3: People's very interactive. 138 00:07:17,480 --> 00:07:20,280 Speaker 1: Well, I understand that, but people need to understand their 139 00:07:20,280 --> 00:07:23,920 Speaker 1: own limitations because sometimes you say, well that doesn't that 140 00:07:23,960 --> 00:07:28,760 Speaker 1: doesn't look too bad, too hard, and obviously you develop 141 00:07:28,800 --> 00:07:32,640 Speaker 1: a skill with it. Most of your players who are 142 00:07:32,680 --> 00:07:35,400 Speaker 1: on your team, how long have they been involved in 143 00:07:35,440 --> 00:07:37,920 Speaker 1: the sport? I mean the sports has the sport itself 144 00:07:37,960 --> 00:07:38,400 Speaker 1: hasn't been. 145 00:07:38,360 --> 00:07:39,040 Speaker 4: Around that long. 146 00:07:40,320 --> 00:07:42,520 Speaker 3: Yeah, the sport, well, the sport has actually been I 147 00:07:42,520 --> 00:07:45,280 Speaker 3: think since the nineteen sixties, but it really took off. 148 00:07:46,000 --> 00:07:49,760 Speaker 4: It go ahead, I'm listening, yeah, and it's. 149 00:07:49,920 --> 00:07:52,000 Speaker 3: And most of the people are on my team, they're 150 00:07:52,040 --> 00:07:57,480 Speaker 3: all top athletes. Many are professional athletes from you know, 151 00:07:57,720 --> 00:08:03,800 Speaker 3: tennis and can ball, ping, pong, you know, badminton. 152 00:08:05,320 --> 00:08:07,760 Speaker 4: Coordination and who are at Giles what you're telling. 153 00:08:07,560 --> 00:08:10,800 Speaker 3: Me, yes, and people who are very high level of 154 00:08:10,840 --> 00:08:13,720 Speaker 3: sports and now here here they are at fifty plus. 155 00:08:14,120 --> 00:08:15,920 Speaker 3: Now you can hear that here's a chance that they 156 00:08:15,960 --> 00:08:17,640 Speaker 3: can kind of come back and have the same kind 157 00:08:17,640 --> 00:08:21,000 Speaker 3: of fire towards uh, towards sports that they had maybe 158 00:08:21,040 --> 00:08:24,040 Speaker 3: you know, in their teens and twenties. And it's it's 159 00:08:24,160 --> 00:08:26,480 Speaker 3: you know, it's it's a you know, you've seen people 160 00:08:26,480 --> 00:08:29,440 Speaker 3: who haven't been active for so on, now all of 161 00:08:29,440 --> 00:08:31,480 Speaker 3: a sudden they have something to play for at a 162 00:08:31,560 --> 00:08:32,280 Speaker 3: very high level. 163 00:08:32,400 --> 00:08:34,440 Speaker 1: Okay, so now my question is how did you pick 164 00:08:34,480 --> 00:08:36,880 Speaker 1: the nickname the Boston Dragons. When we think about the 165 00:08:36,880 --> 00:08:41,079 Speaker 1: Celtics obviously Boston has a big Irish heritage. You think 166 00:08:41,120 --> 00:08:45,400 Speaker 1: about the Bruins and the big bad Bruins, the Red Sox. 167 00:08:45,520 --> 00:08:48,480 Speaker 1: Obviously we know the Red Sox and the Patriots. That's great. 168 00:08:48,880 --> 00:08:51,400 Speaker 1: What is the derivation of dragons? 169 00:08:52,440 --> 00:08:54,480 Speaker 3: Well, I wanted something that was a little bit, a 170 00:08:54,480 --> 00:08:57,440 Speaker 3: little bit tough, you know, you know, from where it 171 00:08:57,480 --> 00:09:00,160 Speaker 3: can have a really cool logo, which we do. If 172 00:09:00,160 --> 00:09:02,040 Speaker 3: you probably see our sit you can probably see the 173 00:09:02,400 --> 00:09:06,240 Speaker 3: dragon logo with kind of fierce and you know, toss 174 00:09:06,280 --> 00:09:06,880 Speaker 3: and fiery. 175 00:09:07,040 --> 00:09:08,720 Speaker 1: Yeah, you didn't want to be the bunny raffis? 176 00:09:08,760 --> 00:09:10,800 Speaker 4: I get that you don't want to be the Bunny Rabbits. 177 00:09:10,880 --> 00:09:16,360 Speaker 2: Let's say exactly exactly all right, well that I'm like, 178 00:09:16,360 --> 00:09:18,040 Speaker 2: all right, that's that's. 179 00:09:17,880 --> 00:09:19,760 Speaker 4: A good one, you know. 180 00:09:20,040 --> 00:09:23,720 Speaker 1: I I you could have picked something like the Pilgrims. 181 00:09:23,720 --> 00:09:27,360 Speaker 1: Maybe I don't know and connected it, but Dragons will work. 182 00:09:27,679 --> 00:09:32,400 Speaker 1: The Boston Dragons the first professional pickleball team here from Massachusetts. 183 00:09:32,640 --> 00:09:35,880 Speaker 1: I can remember when the Boston Patriots started in nineteen 184 00:09:36,000 --> 00:09:40,040 Speaker 1: sixty and a lot of people were very skeptical the NFL, 185 00:09:40,200 --> 00:09:43,200 Speaker 1: the Giants and the Cleveland Browns. They were the teams 186 00:09:43,200 --> 00:09:45,839 Speaker 1: that we watched on Sunday on black and white television 187 00:09:45,840 --> 00:09:48,439 Speaker 1: and listen to Chris Schnkle report that you know, do 188 00:09:48,600 --> 00:09:51,120 Speaker 1: the play by play of the Giants games, and many 189 00:09:51,160 --> 00:09:53,200 Speaker 1: of us felt, well, I don't know if this Patriot 190 00:09:53,200 --> 00:09:55,720 Speaker 1: thing is going to work, but Billy Sullivan certainly made 191 00:09:55,760 --> 00:10:01,360 Speaker 1: it work. It's now this this powerhouse, this this international football, 192 00:10:01,520 --> 00:10:05,400 Speaker 1: American football powerhouse, the New England Patriots, and maybe someday 193 00:10:05,440 --> 00:10:07,760 Speaker 1: down the line, people will be talking worldwide about the 194 00:10:07,760 --> 00:10:09,840 Speaker 1: Boston Dragons. You're going to give it a real good 195 00:10:10,880 --> 00:10:14,280 Speaker 1: start this weekend, and I congratulate you on your efforts. 196 00:10:14,480 --> 00:10:17,079 Speaker 1: Michael Toe, owner of the Boston Dragons. Do you have 197 00:10:17,120 --> 00:10:19,400 Speaker 1: a website where people can get some information we can 198 00:10:19,440 --> 00:10:19,960 Speaker 1: direct them to. 199 00:10:21,240 --> 00:10:25,040 Speaker 3: Sure, the best place is probably on my on our Instagram, 200 00:10:25,280 --> 00:10:30,600 Speaker 3: it's Boston Underscore Dragons Underscore Pickleball. You can see some 201 00:10:30,640 --> 00:10:34,800 Speaker 3: of our players highlighted, some of our kind of highlight points. 202 00:10:34,880 --> 00:10:38,000 Speaker 3: We just had a big rivalry against the New York ballers, 203 00:10:38,080 --> 00:10:41,839 Speaker 3: kind of continuing that Boston New York rivalry, and you 204 00:10:41,920 --> 00:10:44,400 Speaker 3: kind of see some clips there and be great people 205 00:10:44,400 --> 00:10:44,800 Speaker 3: stop by. 206 00:10:45,120 --> 00:10:48,080 Speaker 1: Sounds great, Michael Toe, thanks so much for being with 207 00:10:48,160 --> 00:10:50,959 Speaker 1: us tonight. And maybe we'll do something later on this 208 00:10:51,080 --> 00:10:53,559 Speaker 1: month or early next month and we'll have you take 209 00:10:53,600 --> 00:10:56,199 Speaker 1: some phone calls from people, will do a longer presentation. 210 00:10:56,280 --> 00:11:00,079 Speaker 4: Okay, oh I would love that great, Thanks very much. 211 00:11:01,679 --> 00:11:04,160 Speaker 1: Okay, you bet. Michael told the owner of the Boston 212 00:11:04,200 --> 00:11:06,120 Speaker 1: Dragons spick a ball team. My name's Dan Ray. This 213 00:11:06,240 --> 00:11:08,560 Speaker 1: is Nightside. We are off of the races Friday night, 214 00:11:08,840 --> 00:11:12,120 Speaker 1: and we're going to talk on this hour coming up 215 00:11:12,240 --> 00:11:14,960 Speaker 1: right on the other side of the break here about 216 00:11:15,440 --> 00:11:19,120 Speaker 1: inflation at restaurant menus and we're going to talk about 217 00:11:19,160 --> 00:11:21,960 Speaker 1: that also in the nine o'clock hour. Uh, and take 218 00:11:22,000 --> 00:11:23,920 Speaker 1: your calls. We'll get to all of that. I promise 219 00:11:23,960 --> 00:11:26,120 Speaker 1: we have a good lineup for you on this Friday night. 220 00:11:26,160 --> 00:11:28,080 Speaker 1: Coming back on Nightside right after. 221 00:11:27,880 --> 00:11:30,920 Speaker 2: This, it's night Side with Ray. 222 00:11:32,640 --> 00:11:33,880 Speaker 3: Boston's news Radio. 223 00:11:35,520 --> 00:11:39,440 Speaker 1: My next guest is a franchise expert. His name is 224 00:11:39,559 --> 00:11:43,480 Speaker 1: Nick Neo Nakas. He heads up the franchise consulting company. 225 00:11:43,480 --> 00:11:45,160 Speaker 1: I know a lot of people think, oh, it would 226 00:11:45,160 --> 00:11:48,520 Speaker 1: be great to hear the add some radio to own 227 00:11:48,520 --> 00:11:51,600 Speaker 1: a franchise, whether it's a restaurant or some other sort 228 00:11:51,640 --> 00:11:55,320 Speaker 1: of franchise. I'm not sure that this is an easy 229 00:11:55,400 --> 00:11:58,559 Speaker 1: thing to do. But Nick Neunakis, welcome to Nightside. I 230 00:11:58,559 --> 00:12:01,480 Speaker 1: guess we're going to focus on restaurant franchises. 231 00:12:01,520 --> 00:12:02,400 Speaker 4: How are you this evening? 232 00:12:03,240 --> 00:12:05,480 Speaker 2: Hey, Dan, I'm doing great. And you hit the nail 233 00:12:05,559 --> 00:12:06,960 Speaker 2: on the head. You know, if you really want to 234 00:12:06,960 --> 00:12:08,920 Speaker 2: work your tail off and not make a whole lot 235 00:12:08,920 --> 00:12:10,120 Speaker 2: of money, start a business. 236 00:12:10,400 --> 00:12:13,120 Speaker 1: Yeah, no, absolutely, you're the last person that it's going 237 00:12:13,200 --> 00:12:14,480 Speaker 1: to be paid, that's for sure. 238 00:12:15,400 --> 00:12:17,520 Speaker 4: Now restaurant owners. 239 00:12:17,600 --> 00:12:21,760 Speaker 1: Are saying, I guess inflation is putting them in a bind. 240 00:12:22,000 --> 00:12:26,440 Speaker 1: My understanding, and I follow this stuff fairly closely. Egg prices, 241 00:12:26,520 --> 00:12:30,360 Speaker 1: which restaurant owners were very concerned about a few months ago. 242 00:12:30,559 --> 00:12:32,040 Speaker 4: Have actually come back to earth. 243 00:12:33,160 --> 00:12:36,800 Speaker 1: So are they Are they complaining about something that was 244 00:12:36,840 --> 00:12:38,920 Speaker 1: a problem a few months ago, or are there other 245 00:12:39,000 --> 00:12:40,840 Speaker 1: factors that are hurting them as well. 246 00:12:42,080 --> 00:12:43,320 Speaker 2: It's kind of whack a mole. 247 00:12:43,520 --> 00:12:43,760 Speaker 1: You know. 248 00:12:43,840 --> 00:12:46,720 Speaker 2: If egg prices go up, they go down, Beef prices 249 00:12:46,800 --> 00:12:50,120 Speaker 2: go up, they go down, net net, everything is going up. 250 00:12:50,240 --> 00:12:53,040 Speaker 2: Everything is a lot more expensive than it was just 251 00:12:53,040 --> 00:12:58,840 Speaker 2: a couple of years ago. Labor, rent, people, food. So 252 00:12:59,000 --> 00:13:01,520 Speaker 2: when you think about all of these things in total, 253 00:13:01,880 --> 00:13:04,880 Speaker 2: the margins are getting tighter and tighter and tighter. 254 00:13:05,520 --> 00:13:10,000 Speaker 1: Okay, so let's let's drill down here, Okay, for the 255 00:13:10,040 --> 00:13:12,560 Speaker 1: fun of it. So you go to a diner, or 256 00:13:12,600 --> 00:13:15,360 Speaker 1: you go to a mom and pop restaurant, and you'll 257 00:13:15,440 --> 00:13:20,679 Speaker 1: order some couple of eggs maybe, or I would order 258 00:13:20,800 --> 00:13:23,080 Speaker 1: chocolate chip pancakes myself, a cup of. 259 00:13:22,960 --> 00:13:23,880 Speaker 4: Coffee or whatever. 260 00:13:24,520 --> 00:13:28,280 Speaker 1: Normally you think, Okay, it's going to cost me somewhere around. 261 00:13:28,440 --> 00:13:31,240 Speaker 1: I'm guessing depending upon where you are. If you're in Manhattan, 262 00:13:31,240 --> 00:13:34,280 Speaker 1: it's going to be more expensive than New York City 263 00:13:34,360 --> 00:13:38,920 Speaker 1: than if you're in Manhattan, Kansas. What did a typical 264 00:13:39,080 --> 00:13:43,240 Speaker 1: order like that cost, say, two years ago, and how 265 00:13:43,320 --> 00:13:44,720 Speaker 1: much of a difference is it today. 266 00:13:45,280 --> 00:13:47,640 Speaker 4: Just let's focus on from the point of view of 267 00:13:47,679 --> 00:13:48,400 Speaker 4: the consumer. 268 00:13:49,440 --> 00:13:51,920 Speaker 2: Yeah, so I'm going to say two years ago, you're 269 00:13:51,920 --> 00:13:54,880 Speaker 2: probably looking at eight to twelve bucks, sort of top 270 00:13:54,920 --> 00:13:58,360 Speaker 2: of the bell curve. Now you're probably in the twelve 271 00:13:58,400 --> 00:14:05,800 Speaker 2: to fifteen dollars some markets like Manhattan, New York. You're Seattle, Washington, 272 00:14:05,840 --> 00:14:06,800 Speaker 2: you're gonna be a whole lot more. 273 00:14:06,920 --> 00:14:07,079 Speaker 1: Yeah. 274 00:14:07,120 --> 00:14:09,760 Speaker 2: Well, those crazy, crazy markets. 275 00:14:09,760 --> 00:14:12,080 Speaker 1: Okay, So what you're trying to tell me is that 276 00:14:12,160 --> 00:14:16,679 Speaker 1: a simple breakfast they're the same whether you're in you know, uh, 277 00:14:16,800 --> 00:14:21,840 Speaker 1: you know, Falls Church, Virginia or Fall River here in Massachusetts. 278 00:14:21,880 --> 00:14:23,520 Speaker 4: It's probably up twenty percent. 279 00:14:24,200 --> 00:14:29,200 Speaker 1: Uh, and there are other associated costs. They have to 280 00:14:29,240 --> 00:14:32,480 Speaker 1: pay their employees a little bit more. So they're going 281 00:14:32,520 --> 00:14:35,880 Speaker 1: to raise prices. But if things start to come down, 282 00:14:36,400 --> 00:14:39,480 Speaker 1: I never see prices drop. They go up, and it 283 00:14:39,520 --> 00:14:41,080 Speaker 1: isn't they go up and they come down. They go 284 00:14:41,160 --> 00:14:44,880 Speaker 1: up and they stay up. There's items in supermarkets right 285 00:14:44,880 --> 00:14:48,000 Speaker 1: now that I'm refusing to buy because I know that 286 00:14:48,080 --> 00:14:52,560 Speaker 1: they went up because of COVID and supply chain problems, 287 00:14:52,600 --> 00:14:56,520 Speaker 1: and I was ready to buy them under those circumstances, 288 00:14:56,520 --> 00:14:59,760 Speaker 1: but those problems have disappeared. Uh, and so I will 289 00:14:59,800 --> 00:15:04,720 Speaker 1: go by a less expensive package of cookies, for example, 290 00:15:06,440 --> 00:15:10,040 Speaker 1: or something like that. Can consumers have an impact on 291 00:15:10,120 --> 00:15:14,240 Speaker 1: this to their benefit, or we just go in and 292 00:15:14,520 --> 00:15:17,760 Speaker 1: what's the bill? Here take my money. That's not my style, 293 00:15:17,840 --> 00:15:20,880 Speaker 1: but most people like, what's it cost? Here's my money. 294 00:15:20,880 --> 00:15:23,360 Speaker 1: I got to have Saturday morning breakfast with my buddies 295 00:15:23,360 --> 00:15:24,440 Speaker 1: at the diner, no matter what. 296 00:15:25,600 --> 00:15:28,560 Speaker 2: Well, you know, yes, I mean, it's the short answer. 297 00:15:28,600 --> 00:15:32,960 Speaker 2: There's a famous economist expression which is or saying, which 298 00:15:33,040 --> 00:15:36,600 Speaker 2: is the cure for high prices is high prices. So 299 00:15:36,720 --> 00:15:39,360 Speaker 2: as prices go up, then you're going to start losing 300 00:15:39,400 --> 00:15:42,640 Speaker 2: demand at the margin, which then all of a sudden 301 00:15:42,760 --> 00:15:49,680 Speaker 2: starts increasing the pain to the providers to then start 302 00:15:49,760 --> 00:15:52,960 Speaker 2: dropping the prices, right because now you've got a glut 303 00:15:53,000 --> 00:15:54,840 Speaker 2: of supply. If you've got a lot of supply, you've 304 00:15:54,840 --> 00:15:56,960 Speaker 2: got to decrease the price to get rid of the supply. 305 00:15:57,120 --> 00:15:59,840 Speaker 2: So the high prices tend to take care of themselves. 306 00:16:00,240 --> 00:16:02,880 Speaker 2: The whack a mole economy that we've been in since 307 00:16:02,960 --> 00:16:07,440 Speaker 2: COVID is these things pop up all over the board. 308 00:16:07,840 --> 00:16:10,440 Speaker 2: Look at what's going on right now with beef prices right, 309 00:16:10,520 --> 00:16:13,960 Speaker 2: Trump said, We're going to start importing Argentinian beef. US 310 00:16:14,040 --> 00:16:16,360 Speaker 2: cattle producer said, whoa, what the hell are you doing. 311 00:16:16,920 --> 00:16:19,920 Speaker 2: You know, we've had a massive droughts. We've had to 312 00:16:19,960 --> 00:16:23,360 Speaker 2: decrease the you know, cattle herd in the United States. 313 00:16:23,960 --> 00:16:27,200 Speaker 2: That's what's increased the price if you're bringing in foreign beef. 314 00:16:27,640 --> 00:16:29,720 Speaker 2: Now we're the ones that are going to bear the 315 00:16:29,720 --> 00:16:32,960 Speaker 2: brunt because prices are going to go down, but we're 316 00:16:33,000 --> 00:16:35,840 Speaker 2: not going to be able to increase our herd and 317 00:16:35,880 --> 00:16:38,560 Speaker 2: then make up for all this lost time. So that 318 00:16:38,600 --> 00:16:39,760 Speaker 2: becomes the whack a mole. 319 00:16:39,920 --> 00:16:42,040 Speaker 1: Don't you think that what Trump was doing the other 320 00:16:42,120 --> 00:16:44,560 Speaker 1: day with the President of Argentina, he was kind of 321 00:16:44,600 --> 00:16:46,880 Speaker 1: throwing him a bone so that he could go back. 322 00:16:47,320 --> 00:16:49,720 Speaker 1: He has. The president of Argentina has a big political 323 00:16:49,720 --> 00:16:54,600 Speaker 1: election next week, and I think the Trump administration wants 324 00:16:54,640 --> 00:16:58,080 Speaker 1: to see this particular president elected in Argentina. 325 00:16:58,280 --> 00:17:02,760 Speaker 4: There was a political smell to that deal as far 326 00:17:02,760 --> 00:17:03,680 Speaker 4: as I was concerned. 327 00:17:05,040 --> 00:17:08,000 Speaker 2: Yeah, I mean, we need stability down in South America, 328 00:17:08,520 --> 00:17:12,720 Speaker 2: and you know there are very few non almost communist 329 00:17:12,840 --> 00:17:16,520 Speaker 2: socialist governments down there, and we need to protect the 330 00:17:16,560 --> 00:17:17,520 Speaker 2: ones their allies. 331 00:17:17,640 --> 00:17:21,680 Speaker 1: Yeah, we've moved significant naval forces off Venezuela in the 332 00:17:21,760 --> 00:17:24,919 Speaker 1: last twenty four to forty eight hours and probably in 333 00:17:24,960 --> 00:17:27,240 Speaker 1: reg you know, it's if we could keep the guy 334 00:17:27,280 --> 00:17:30,399 Speaker 1: in Argentina in place legally, We're not not like in 335 00:17:30,440 --> 00:17:32,280 Speaker 1: the old day with the CIA will go down and 336 00:17:32,320 --> 00:17:35,400 Speaker 1: take care of business. They can't do that, do that anymore? 337 00:17:35,720 --> 00:17:39,040 Speaker 1: Where do you think quickly? Where do you think prices 338 00:17:39,080 --> 00:17:41,840 Speaker 1: are going? It was a three percent CPI increase today 339 00:17:41,840 --> 00:17:45,919 Speaker 1: and the stock market went up across the board, you know, 340 00:17:45,960 --> 00:17:48,480 Speaker 1: one percent, which was a really good day for the 341 00:17:48,480 --> 00:17:52,280 Speaker 1: stock market. I know that the number of the three 342 00:17:52,280 --> 00:17:55,560 Speaker 1: percent number got sort of mixed reviews, even mixed reviews. 343 00:17:55,960 --> 00:17:59,000 Speaker 1: I have two pieces here from CNN, one which says 344 00:17:59,040 --> 00:18:02,440 Speaker 1: that it was good and another piece of CNN said 345 00:18:02,800 --> 00:18:06,360 Speaker 1: it wasn't good. So there's so much inconsistency in reporting. 346 00:18:06,359 --> 00:18:07,760 Speaker 1: What did you think about that number? 347 00:18:08,520 --> 00:18:12,320 Speaker 2: Well, I think you know, energy plays a huge role 348 00:18:12,480 --> 00:18:15,280 Speaker 2: in the CPI, right, So our gas prices have been 349 00:18:15,320 --> 00:18:17,879 Speaker 2: going down because drill, baby, drill, so we're able to 350 00:18:17,960 --> 00:18:22,439 Speaker 2: keep transport costs low. But you know, we're we're definitely 351 00:18:22,440 --> 00:18:26,520 Speaker 2: getting hit on labor and a lot of the policies, 352 00:18:26,960 --> 00:18:29,679 Speaker 2: you know, rightfully, so of you know, getting rid of 353 00:18:29,720 --> 00:18:34,040 Speaker 2: these illegal immigrants is impacting the labor cost across the 354 00:18:34,320 --> 00:18:37,880 Speaker 2: food supply chain. So that's where you're going to see 355 00:18:37,920 --> 00:18:41,360 Speaker 2: some increases in food, but it's less expensive to get 356 00:18:41,400 --> 00:18:43,760 Speaker 2: it to market. Remember during the pandemic, what the cost 357 00:18:43,800 --> 00:18:47,879 Speaker 2: of gas and diesel was, it was exorbitant. Right, So 358 00:18:47,880 --> 00:18:50,760 Speaker 2: we've got we've we've we've whacked that mall on the 359 00:18:50,880 --> 00:18:54,800 Speaker 2: energy side. That's that's coming down in the CPI. So 360 00:18:54,960 --> 00:18:57,320 Speaker 2: we're taking care of that now. The next thing that 361 00:18:57,440 --> 00:19:01,040 Speaker 2: I think is going to start happening is Americans we're 362 00:19:01,040 --> 00:19:03,320 Speaker 2: going to figure out how to deal with this. We're 363 00:19:03,320 --> 00:19:06,480 Speaker 2: going to become more efficient, We're going to add technology. 364 00:19:06,640 --> 00:19:09,480 Speaker 2: I'm seeing a lot of very interesting technology come in 365 00:19:09,880 --> 00:19:14,400 Speaker 2: all across the board, whether it's robotic cleaning at restaurants 366 00:19:14,560 --> 00:19:20,280 Speaker 2: or hospitals or hotels that decreases the labor input. Then 367 00:19:20,480 --> 00:19:23,680 Speaker 2: you start using AI through your ordering. There's some really 368 00:19:23,720 --> 00:19:26,800 Speaker 2: cool programs where you know, if you need to have 369 00:19:26,880 --> 00:19:31,240 Speaker 2: food coming in, a big component of the cost is spoilage, right, 370 00:19:31,359 --> 00:19:34,119 Speaker 2: Like if you if you've got an organic restaurant, like 371 00:19:34,160 --> 00:19:37,480 Speaker 2: a fish organic restaurant. Right, you've got the worst of 372 00:19:37,520 --> 00:19:40,360 Speaker 2: all worlds. This stuff is going bad. You look at 373 00:19:40,359 --> 00:19:42,240 Speaker 2: it and it starts rotting, then you got to throw 374 00:19:42,240 --> 00:19:44,440 Speaker 2: it away. Well, who's paying for that? The people that 375 00:19:44,480 --> 00:19:48,160 Speaker 2: are eating the non rotten stuff. Yep, So you've got Yeah. 376 00:19:48,200 --> 00:19:51,280 Speaker 2: So if you've got AI and you've got better purchasing 377 00:19:51,400 --> 00:19:54,560 Speaker 2: and better supply chain, you can get the food that 378 00:19:54,640 --> 00:19:56,679 Speaker 2: you need when you need it to cook it so 379 00:19:56,720 --> 00:20:00,600 Speaker 2: that you're not throwing stuff away that decreases your nick. 380 00:20:00,840 --> 00:20:03,280 Speaker 1: You would be a great guest to Great long form. Yes, 381 00:20:03,359 --> 00:20:05,240 Speaker 1: we might try to bring you back an hour later 382 00:20:05,320 --> 00:20:08,160 Speaker 1: this month or early next month. How could folks get 383 00:20:08,160 --> 00:20:11,600 Speaker 1: more information on what you do at the Franchise Consulting Company? 384 00:20:11,920 --> 00:20:16,840 Speaker 2: You know, if you text the word franchise fra n 385 00:20:16,920 --> 00:20:21,760 Speaker 2: c CHIIC franchise to two six seven eight six. That's 386 00:20:21,840 --> 00:20:24,760 Speaker 2: two six seven eight six Dan. We love what you do. 387 00:20:24,840 --> 00:20:27,120 Speaker 2: We'll send everybody a copy of my number one best 388 00:20:27,119 --> 00:20:31,960 Speaker 2: selling book, The Franchise MBA that talks about franchising, talks 389 00:20:32,000 --> 00:20:34,760 Speaker 2: about business, talks about how to think about the economy. 390 00:20:35,560 --> 00:20:37,560 Speaker 2: Love to send them all a free copy of the book. 391 00:20:37,600 --> 00:20:39,520 Speaker 2: Text the word franchise to six. 392 00:20:39,560 --> 00:20:41,960 Speaker 4: Seven to do is just give that to me. Rob. 393 00:20:42,040 --> 00:20:45,159 Speaker 1: Write this down and folks can call in at the 394 00:20:45,200 --> 00:20:47,280 Speaker 1: regular number in the during the next half hour and 395 00:20:47,840 --> 00:20:49,280 Speaker 1: you will send it to them free. 396 00:20:49,080 --> 00:20:51,639 Speaker 2: A charge brand charge would be my pleasure. 397 00:20:51,760 --> 00:20:52,600 Speaker 4: So what is it again? 398 00:20:54,280 --> 00:20:59,360 Speaker 2: Franchise ye to two six seven eight six. 399 00:21:00,119 --> 00:21:03,840 Speaker 4: Two six seven eight six two six seven eighty six. 400 00:21:03,960 --> 00:21:05,600 Speaker 1: That's a good deal. If it's free, it's for. 401 00:21:05,720 --> 00:21:10,399 Speaker 2: Me and someone it's from you, yeah, or sixteen ninety 402 00:21:10,400 --> 00:21:12,320 Speaker 2: five on Amazon, and then I make you know a 403 00:21:12,400 --> 00:21:14,480 Speaker 2: royalty on it, but we'll send you one for free from. 404 00:21:14,480 --> 00:21:16,800 Speaker 4: Dan, Nick Me and knockis. 405 00:21:16,880 --> 00:21:19,239 Speaker 1: Thank you, Nick. I really appreciate the timetime. You're an 406 00:21:19,240 --> 00:21:19,920 Speaker 1: excellent guest. 407 00:21:20,000 --> 00:21:20,359 Speaker 4: Thank you. 408 00:21:21,119 --> 00:21:21,840 Speaker 2: Thank you so much. 409 00:21:21,920 --> 00:21:22,120 Speaker 4: Dan. 410 00:21:22,200 --> 00:21:23,240 Speaker 2: Have a great night Boston. 411 00:21:23,840 --> 00:21:26,520 Speaker 1: Talk soon. So Rob, you've written that down. Anyone can 412 00:21:26,560 --> 00:21:29,000 Speaker 1: call in at six one seven two five four ten thirty. 413 00:21:29,200 --> 00:21:33,080 Speaker 1: If you miss that, uh, you just text to six 414 00:21:33,160 --> 00:21:37,800 Speaker 1: seven eighty six. That would work right, and you can 415 00:21:37,960 --> 00:21:41,639 Speaker 1: I assume leave your name and address. At eight thirty 416 00:21:41,720 --> 00:21:43,359 Speaker 1: right after the news, we're going to talk about a 417 00:21:43,359 --> 00:21:49,480 Speaker 1: good program in Boston called twenty twenty six Swim Safe Boston. 418 00:21:50,040 --> 00:21:52,479 Speaker 1: We will be back on night Side right after the 419 00:21:52,520 --> 00:21:54,120 Speaker 1: news at the bottom of the hour. 420 00:21:55,119 --> 00:21:59,800 Speaker 3: It's Night Side with Dan Ray on w Boston's news radio. 421 00:22:00,600 --> 00:22:03,120 Speaker 1: Delighted to be joined by Jose Masseol. He's the chief 422 00:22:03,119 --> 00:22:05,600 Speaker 1: of Human Services for the City of Boston. Jose, welcome 423 00:22:05,600 --> 00:22:06,960 Speaker 1: to night Sad. How are you this evening. 424 00:22:07,800 --> 00:22:09,560 Speaker 5: I'm doing wonderful. Thank you, Dan, Thank you so much 425 00:22:09,600 --> 00:22:10,160 Speaker 5: for having me. 426 00:22:10,240 --> 00:22:10,880 Speaker 4: You're welcome. 427 00:22:10,960 --> 00:22:16,879 Speaker 1: So you are launching the twenty twenty six Swim Safe 428 00:22:17,119 --> 00:22:22,120 Speaker 1: Boston Grant, and it's four hundred thousand dollars in funding 429 00:22:22,720 --> 00:22:29,320 Speaker 1: that is available to help nonprofit organizations teach young kids 430 00:22:29,359 --> 00:22:33,200 Speaker 1: how to swim. I think that's a great idea. What's 431 00:22:33,280 --> 00:22:34,720 Speaker 1: the genesis of this, Jse. 432 00:22:35,680 --> 00:22:39,040 Speaker 5: No, thank you so much. So this is actually the 433 00:22:39,119 --> 00:22:43,440 Speaker 5: third year that we're providing this grand opportunity. It began 434 00:22:43,640 --> 00:22:48,240 Speaker 5: back in twenty twenty two when we provide swim lessons. 435 00:22:48,480 --> 00:22:52,640 Speaker 5: We were able to basically advocate for some city funding 436 00:22:53,200 --> 00:22:56,399 Speaker 5: to ensure that we're able to increase these opportunities for 437 00:22:56,440 --> 00:22:58,920 Speaker 5: young people. Were already providing them through our Boston centers 438 00:22:59,119 --> 00:23:01,879 Speaker 5: and families, and then indicated that we just had a 439 00:23:01,920 --> 00:23:06,520 Speaker 5: limited amount of slots available and so Mayor bou I 440 00:23:06,600 --> 00:23:10,640 Speaker 5: need to connect learn Explore, which is an overall initiative 441 00:23:10,640 --> 00:23:13,119 Speaker 5: to make sure that young people have access to opportunities 442 00:23:13,160 --> 00:23:15,520 Speaker 5: to learn life skills such as learning how to swim, 443 00:23:15,600 --> 00:23:18,200 Speaker 5: learning how to ride a bike, learning how to play 444 00:23:18,200 --> 00:23:21,040 Speaker 5: a sport, create party, and learn how to grow food. 445 00:23:22,080 --> 00:23:23,600 Speaker 5: What really wanted to make sure that we had this 446 00:23:23,720 --> 00:23:27,680 Speaker 5: available and so for the school year of twenty twenty 447 00:23:27,680 --> 00:23:29,919 Speaker 5: three is when we made the great opportunities available at 448 00:23:29,920 --> 00:23:33,679 Speaker 5: that time, and it really just was underneath the guys 449 00:23:33,720 --> 00:23:37,320 Speaker 5: of making sure that we wanted families and especially kids 450 00:23:37,359 --> 00:23:39,840 Speaker 5: to be safe around water during some months and during 451 00:23:39,840 --> 00:23:40,760 Speaker 5: the school year as well. 452 00:23:41,080 --> 00:23:46,280 Speaker 1: So how many young kids in Boston I use the 453 00:23:46,280 --> 00:23:50,240 Speaker 1: word kids as you do, we're talking about I guess 454 00:23:50,880 --> 00:23:54,520 Speaker 1: kids from what age six to fifty you do something. 455 00:23:54,560 --> 00:23:58,320 Speaker 1: What's the range of the young people who are who 456 00:23:58,320 --> 00:23:59,720 Speaker 1: are helped out of this program. 457 00:24:00,400 --> 00:24:03,200 Speaker 5: Yeah, that's a great question. We are really just accepted 458 00:24:03,240 --> 00:24:05,640 Speaker 5: for a first time swimmers, so you know, young people 459 00:24:05,640 --> 00:24:09,679 Speaker 5: who are actually learning how to swim. Typically it's you know, 460 00:24:10,200 --> 00:24:12,880 Speaker 5: as young you know as you as you mentioned, six, 461 00:24:12,960 --> 00:24:15,800 Speaker 5: could be even younger to the you know, the age 462 00:24:15,840 --> 00:24:18,959 Speaker 5: of you know, typically twelve or fourteen, depending on like 463 00:24:18,960 --> 00:24:21,800 Speaker 5: a skill level. But It really just depends on where 464 00:24:21,800 --> 00:24:25,080 Speaker 5: they are and their you know, swimming ability at the time. 465 00:24:25,400 --> 00:24:28,840 Speaker 4: Okay, and where's the funding. 466 00:24:29,200 --> 00:24:33,960 Speaker 1: There's some some long time you know foundations, or do 467 00:24:34,000 --> 00:24:35,879 Speaker 1: we need to give some credit to some folks who 468 00:24:35,920 --> 00:24:38,359 Speaker 1: are helping fund this or is it money out of 469 00:24:38,359 --> 00:24:39,439 Speaker 1: the city tax space? 470 00:24:40,640 --> 00:24:44,840 Speaker 5: Yeah, it's in the operating budget. So since f y 471 00:24:44,960 --> 00:24:48,800 Speaker 5: twenty four, the fiscal year twenty four, we've had this 472 00:24:48,800 --> 00:24:52,320 Speaker 5: this funding available just to be able to support this initiative, 473 00:24:52,640 --> 00:24:56,680 Speaker 5: and thankfully, you know, to date we had about close 474 00:24:56,720 --> 00:25:00,960 Speaker 5: to twelve thousand lessons provided. And again it's it's would 475 00:25:01,000 --> 00:25:03,480 Speaker 5: be focused on ensuring that you know, young people have 476 00:25:03,720 --> 00:25:06,800 Speaker 5: access to this life skill and to be able to 477 00:25:07,000 --> 00:25:12,439 Speaker 5: reduce or completely remove the idea of anybody drowning here 478 00:25:12,600 --> 00:25:13,400 Speaker 5: City of Boston. 479 00:25:13,680 --> 00:25:15,240 Speaker 4: So is there an effort at all? 480 00:25:16,000 --> 00:25:19,760 Speaker 1: Obviously it costs money, I'm sure to to hire people 481 00:25:20,000 --> 00:25:23,480 Speaker 1: to uh not only service lifeguards, but to teach kids 482 00:25:23,760 --> 00:25:24,480 Speaker 1: how to swim. 483 00:25:24,880 --> 00:25:25,160 Speaker 4: Uh. 484 00:25:25,560 --> 00:25:28,000 Speaker 1: Is there an outreach by the city towards there's a 485 00:25:28,000 --> 00:25:31,400 Speaker 1: lot of you know, foundation moneys in Boston, the Boston 486 00:25:31,440 --> 00:25:36,280 Speaker 1: Foundation and moneies that foundations that have a lot of 487 00:25:36,320 --> 00:25:39,439 Speaker 1: money and this is this is it sounds to me 488 00:25:39,520 --> 00:25:42,560 Speaker 1: like a great program for city kids. Is there any 489 00:25:42,600 --> 00:25:45,760 Speaker 1: sort of an outreach that you guys are looking for 490 00:25:45,800 --> 00:25:51,360 Speaker 1: some support from private foundations. I think that a lot 491 00:25:51,400 --> 00:25:55,320 Speaker 1: of foundations would love to be involved in something like this. This, 492 00:25:55,480 --> 00:25:59,440 Speaker 1: This actually is something that's tangible and and you could 493 00:25:59,720 --> 00:26:01,159 Speaker 1: you can showed the benefit of it. 494 00:26:01,280 --> 00:26:02,919 Speaker 4: This is this is such a great idea. 495 00:26:03,440 --> 00:26:06,240 Speaker 1: Have any foundations stepping forward or are you just trying to 496 00:26:06,280 --> 00:26:07,960 Speaker 1: keep foundations on the sidelines. 497 00:26:09,119 --> 00:26:11,120 Speaker 5: Oh, We're not trying to keep foundations on the sidelines 498 00:26:11,160 --> 00:26:14,119 Speaker 5: at all. We definitely will welcome any conversations foundations who 499 00:26:14,160 --> 00:26:16,399 Speaker 5: willing to have I do have to give credit to 500 00:26:16,600 --> 00:26:21,320 Speaker 5: Blue Cross boul Shield. They were earlier adopter. They actually 501 00:26:21,440 --> 00:26:24,119 Speaker 5: helped us launch on the marketing side, so when we 502 00:26:24,160 --> 00:26:27,520 Speaker 5: first launched it, they really were able to come on 503 00:26:27,640 --> 00:26:30,879 Speaker 5: and really just be able to help support and provide. 504 00:26:31,400 --> 00:26:33,960 Speaker 5: At the time, what we had is swim kits and 505 00:26:34,119 --> 00:26:38,600 Speaker 5: these were essentially, uh you know, physically boxeding like physical 506 00:26:38,600 --> 00:26:41,480 Speaker 5: boxes that we made available for young people that included 507 00:26:41,800 --> 00:26:46,480 Speaker 5: swim caps, goggles, towels, just the basic necessity that they needed. 508 00:26:46,720 --> 00:26:50,199 Speaker 5: So so in addition to removing the barriers of costs 509 00:26:50,280 --> 00:26:52,879 Speaker 5: of the swim lessons. They also we also wanted to 510 00:26:52,880 --> 00:26:56,840 Speaker 5: make sure that they had, you know, easily accessible items 511 00:26:56,880 --> 00:26:58,280 Speaker 5: that they needed to be able to swim as well, 512 00:26:58,320 --> 00:27:00,359 Speaker 5: and so Blue Cross Booth Shield was able to up 513 00:27:00,359 --> 00:27:02,920 Speaker 5: at that time. But since then, I know a lot 514 00:27:02,920 --> 00:27:07,560 Speaker 5: of our partners, the YMCA's Boys and Girls Club, you know, 515 00:27:07,640 --> 00:27:10,480 Speaker 5: they have done the outreach to other foundations as well. 516 00:27:11,160 --> 00:27:13,320 Speaker 5: To what extent I do not know, but again we 517 00:27:13,359 --> 00:27:15,359 Speaker 5: will welcome any conversations folks are willing to have. 518 00:27:16,160 --> 00:27:18,320 Speaker 4: Yeah, I think that's fabulous. 519 00:27:18,359 --> 00:27:23,000 Speaker 1: And when you think about teaching a child to swim, 520 00:27:23,440 --> 00:27:27,000 Speaker 1: that is a carryover skill that they can use for 521 00:27:27,040 --> 00:27:29,840 Speaker 1: the rest of their lives. I mean, it's a carryover sport, 522 00:27:30,000 --> 00:27:35,840 Speaker 1: almost like golfer, tennis. And it's also relatively inexpensive in terms 523 00:27:35,840 --> 00:27:40,000 Speaker 1: of equipment. If you take another child and put them 524 00:27:40,000 --> 00:27:42,080 Speaker 1: in a program to learn how to play hockey, it's 525 00:27:42,119 --> 00:27:45,479 Speaker 1: a great skating and all of that is great, but 526 00:27:45,600 --> 00:27:49,879 Speaker 1: it's pretty expensive. There's no question about that. All the 527 00:27:49,880 --> 00:27:52,760 Speaker 1: equipment of the skates, et cetera pretty expensive. 528 00:27:52,840 --> 00:27:54,880 Speaker 4: And you know, most. 529 00:27:56,680 --> 00:28:02,159 Speaker 1: Young people, they end up stopping hockey when they're you know, twelve, fifteen. 530 00:28:01,880 --> 00:28:04,440 Speaker 4: Twenty, maybe Yeah, not too many of them. 531 00:28:05,040 --> 00:28:07,280 Speaker 1: That's not what you call it Garry oversportl though there 532 00:28:07,280 --> 00:28:10,719 Speaker 1: are some you know, some other hockey leagues, some senior 533 00:28:10,720 --> 00:28:13,800 Speaker 1: hockey leagues around. But swimming not only is something that 534 00:28:14,200 --> 00:28:15,800 Speaker 1: is going to keep people in shape for the rest 535 00:28:15,840 --> 00:28:18,399 Speaker 1: of their lives, but also can come in mighty handy 536 00:28:18,400 --> 00:28:20,440 Speaker 1: if they're in a situation where where they need to 537 00:28:20,480 --> 00:28:24,840 Speaker 1: save themselves or others. So this Jose is great. Where 538 00:28:24,960 --> 00:28:28,240 Speaker 1: is where are most of these lessons done? They've done 539 00:28:28,320 --> 00:28:31,840 Speaker 1: at YMCAs? Are they done at swimming pools at some 540 00:28:31,920 --> 00:28:35,359 Speaker 1: of the some of the schools and colleges and universities. Again, 541 00:28:35,400 --> 00:28:37,800 Speaker 1: I want to give credit to anybody who's helping you 542 00:28:37,840 --> 00:28:38,720 Speaker 1: along the way here. 543 00:28:39,560 --> 00:28:43,320 Speaker 5: Yeah, no, absolutely, Dan So Boston centers for you, the families, 544 00:28:43,360 --> 00:28:47,880 Speaker 5: and so that's the city department that primarily provides the 545 00:28:47,920 --> 00:28:51,280 Speaker 5: majority of the swim lessons. So that's our internal department 546 00:28:52,320 --> 00:28:54,560 Speaker 5: that where we have the pools available and are able 547 00:28:54,600 --> 00:28:59,160 Speaker 5: to provide lessons for free. Additionally, the YMCA, they do 548 00:28:59,280 --> 00:29:05,000 Speaker 5: have nine locations within you know the city limits boys 549 00:29:05,040 --> 00:29:07,440 Speaker 5: and girls clubs we have available and then we partner 550 00:29:07,600 --> 00:29:10,480 Speaker 5: with of course, Boston Public Schools is a great partner 551 00:29:10,480 --> 00:29:12,360 Speaker 5: in this work as well, and so like a lot 552 00:29:12,360 --> 00:29:15,520 Speaker 5: of their programming, whether they have school programs, Uh, they 553 00:29:15,600 --> 00:29:18,520 Speaker 5: either you know, jointly partner with BC YF which is 554 00:29:18,520 --> 00:29:20,960 Speaker 5: Boston the Families or with the y m c as 555 00:29:20,960 --> 00:29:23,240 Speaker 5: and so they are able to bring a good cohort 556 00:29:23,280 --> 00:29:25,240 Speaker 5: of the young people to be able to learn how swim. 557 00:29:25,440 --> 00:29:27,920 Speaker 5: And heard some really great stories from you know, both 558 00:29:27,960 --> 00:29:31,280 Speaker 5: parents and young people who have learned how to swim 559 00:29:31,320 --> 00:29:34,920 Speaker 5: as a result of this program. And so having branched 560 00:29:34,960 --> 00:29:37,840 Speaker 5: off too, we haven't had any applicants from colleges and 561 00:29:37,960 --> 00:29:41,720 Speaker 5: universities just yet, have been in previous discussions, you know, 562 00:29:41,760 --> 00:29:45,160 Speaker 5: with some of our local institutions. But again, you know, 563 00:29:45,200 --> 00:29:49,080 Speaker 5: I think as these opportunities to become available, will continue 564 00:29:49,120 --> 00:29:49,760 Speaker 5: to explore them. 565 00:29:50,080 --> 00:29:50,240 Speaker 3: Uh. 566 00:29:50,520 --> 00:29:52,560 Speaker 1: You know, the last most important question of all I 567 00:29:52,680 --> 00:29:55,680 Speaker 1: saved it for the end. How does some parent or 568 00:29:55,840 --> 00:29:59,520 Speaker 1: child who's interested in this program? When when are the 569 00:29:59,560 --> 00:30:01,520 Speaker 1: lessons give? And give it to me quickly because I'm 570 00:30:01,560 --> 00:30:04,040 Speaker 1: running out of time. And how can people get in 571 00:30:04,080 --> 00:30:07,040 Speaker 1: touch and get their their children on the list here 572 00:30:07,080 --> 00:30:11,280 Speaker 1: that will hopefully put them in a set of circumstances 573 00:30:11,280 --> 00:30:13,600 Speaker 1: where they can learn to swim in the next the 574 00:30:13,640 --> 00:30:16,480 Speaker 1: next round of lessons. When when will the lessons begin 575 00:30:16,600 --> 00:30:18,440 Speaker 1: or are they an ongoing thing throughout the year. 576 00:30:19,120 --> 00:30:21,880 Speaker 5: They're all going throughout the year, Dan Boston, ot gov 577 00:30:22,400 --> 00:30:26,280 Speaker 5: backslash swim dash safe is where they can access information. 578 00:30:26,880 --> 00:30:29,200 Speaker 5: We ask folks that the lessons do phill up quickly, 579 00:30:29,800 --> 00:30:32,720 Speaker 5: so be patient, but we do have them available throughout 580 00:30:32,720 --> 00:30:35,080 Speaker 5: the school year, and then another round throughout the summer 581 00:30:35,120 --> 00:30:35,400 Speaker 5: as well. 582 00:30:35,440 --> 00:30:38,240 Speaker 1: Okay, give it that that website one more time. Because 583 00:30:38,280 --> 00:30:41,480 Speaker 1: people don't write, they're reaching for their pens. Now give 584 00:30:41,520 --> 00:30:42,520 Speaker 1: it to us one more time. 585 00:30:43,840 --> 00:30:50,160 Speaker 5: Austin dot gov backslash swim dash safe. 586 00:30:50,720 --> 00:30:51,120 Speaker 1: Perfect. 587 00:30:51,160 --> 00:30:53,840 Speaker 4: Okay, we're a good shape. Ose. Thank you very much. 588 00:30:53,880 --> 00:30:56,000 Speaker 4: Appreciate you taking your time on a Friday night. We'll 589 00:30:56,000 --> 00:30:56,480 Speaker 4: talk again. 590 00:30:56,560 --> 00:30:57,920 Speaker 5: You're very welcome. Dan, thank you so much. 591 00:30:58,000 --> 00:30:58,560 Speaker 4: You're welcome. 592 00:30:58,720 --> 00:31:00,760 Speaker 1: Coming up on the other side of the break, we're 593 00:31:00,760 --> 00:31:04,880 Speaker 1: going to talk with a financial planner about the impact 594 00:31:05,120 --> 00:31:09,200 Speaker 1: of the government shutdown. It's created uncertainty, it's now the 595 00:31:09,240 --> 00:31:13,280 Speaker 1: third longest funding lapse in US history, and how might 596 00:31:13,360 --> 00:31:15,600 Speaker 1: you be impacted by this? And we'll talk about this 597 00:31:15,640 --> 00:31:17,960 Speaker 1: a little later tonight as well, but right now we'll 598 00:31:17,960 --> 00:31:19,719 Speaker 1: take a quick break back on Nightside. 599 00:31:20,440 --> 00:31:24,719 Speaker 3: You're on Night Side with Dan Ray on' WBZ Boston's 600 00:31:24,760 --> 00:31:26,080 Speaker 3: news radio, where. 601 00:31:25,840 --> 00:31:27,640 Speaker 1: We're in the midst of the government's shutdown. I think 602 00:31:27,640 --> 00:31:30,480 Speaker 1: we're twenty five days and counting. With me is David Shapiro. 603 00:31:30,520 --> 00:31:35,160 Speaker 1: He's a financial advisor and the regional director of Wealth's 604 00:31:35,520 --> 00:31:37,560 Speaker 1: nice job when you can be the regional director of 605 00:31:37,600 --> 00:31:39,360 Speaker 1: Wealth at Johnson Brunetti. 606 00:31:39,880 --> 00:31:41,880 Speaker 4: David Shapiro, Welcome to Nightside. How are you. 607 00:31:43,120 --> 00:31:45,520 Speaker 3: I'm doing great, Excited to share some of our thoughts 608 00:31:45,520 --> 00:31:47,600 Speaker 3: in this unique time in the US economy. 609 00:31:47,720 --> 00:31:50,640 Speaker 1: Yeah, we've had a few of these now in recent years. 610 00:31:50,840 --> 00:31:52,680 Speaker 1: There was a time when the idea of a government 611 00:31:52,720 --> 00:31:57,200 Speaker 1: shutdown was inconceivable, but it certainly has become much more 612 00:31:57,280 --> 00:31:59,840 Speaker 1: conceivable in the last of fifteen or twenty years. So 613 00:32:01,400 --> 00:32:06,239 Speaker 1: this this is a multi headed problem. I mean, there 614 00:32:06,320 --> 00:32:10,320 Speaker 1: are people in the federal government obviously who have been furloughed, 615 00:32:10,360 --> 00:32:12,920 Speaker 1: Some may lose their jobs, Others are working without pay. 616 00:32:13,000 --> 00:32:14,240 Speaker 4: There's all sorts of problems there. 617 00:32:14,320 --> 00:32:17,440 Speaker 1: Then you have people who are impacted in many different 618 00:32:17,440 --> 00:32:23,920 Speaker 1: ways at this point, mostly adversely, What is the general 619 00:32:24,280 --> 00:32:27,200 Speaker 1: advice that you would give? And then let's talking about 620 00:32:27,240 --> 00:32:29,160 Speaker 1: some of the categories are some of the things that 621 00:32:29,200 --> 00:32:34,840 Speaker 1: people can do to whether this these this storm. 622 00:32:35,000 --> 00:32:37,160 Speaker 3: Yeah, it's a pretty wild time out there. Today. We're 623 00:32:37,160 --> 00:32:39,760 Speaker 3: talking about a million and a half of federal employees 624 00:32:39,800 --> 00:32:43,000 Speaker 3: that aren't being paid or furloughed. A lot of those 625 00:32:43,440 --> 00:32:46,280 Speaker 3: different areas like still working, we still need the TSA 626 00:32:46,320 --> 00:32:49,080 Speaker 3: and traffic and the Social Security Office. But then there's 627 00:32:49,080 --> 00:32:52,280 Speaker 3: also government contractors where there's no scenario that they're going 628 00:32:52,360 --> 00:32:55,320 Speaker 3: to get their back pay, and ultimately there's gonna be 629 00:32:55,320 --> 00:32:57,920 Speaker 3: a lot of different strain There's going to be fewer customers, 630 00:32:57,920 --> 00:33:02,160 Speaker 3: maybe small businesses that depend on federal contracts or federal workers. 631 00:33:02,720 --> 00:33:04,760 Speaker 3: We work with a lot of just very common, hard 632 00:33:04,800 --> 00:33:07,680 Speaker 3: working folks in the Boston area and they're starting to 633 00:33:07,680 --> 00:33:10,240 Speaker 3: feel it where now they're considering maybe taking out loans, 634 00:33:10,280 --> 00:33:13,120 Speaker 3: taking out money from retirement accounts. We're talking about maybe 635 00:33:13,520 --> 00:33:17,160 Speaker 3: twenty billion dollars that aren't being pushed into the US 636 00:33:17,200 --> 00:33:19,400 Speaker 3: and the local economies because of these changes. 637 00:33:20,120 --> 00:33:23,560 Speaker 1: So again, with you kind of have I guess the 638 00:33:23,640 --> 00:33:28,680 Speaker 1: first advice would be don't panic, but a lot of 639 00:33:28,680 --> 00:33:32,600 Speaker 1: people probably are thinking they're getting close to panicking. What 640 00:33:32,600 --> 00:33:35,360 Speaker 1: do you tell someone at this point who is seeing 641 00:33:35,480 --> 00:33:39,800 Speaker 1: there the revenue stream drying up. I mean, in other years, 642 00:33:39,840 --> 00:33:44,280 Speaker 1: these shutdowns were shorter duration, and they generally have promised that, hey, 643 00:33:44,680 --> 00:33:46,960 Speaker 1: you're an effect going to get it paid holiday because 644 00:33:47,000 --> 00:33:51,200 Speaker 1: this thing might last for I don't know, a couple 645 00:33:51,240 --> 00:33:54,120 Speaker 1: of weeks, but you'll get your money, You'll you'll get 646 00:33:54,160 --> 00:33:54,840 Speaker 1: your back paid. 647 00:33:54,960 --> 00:33:56,840 Speaker 4: That's not the situation today. 648 00:33:57,600 --> 00:33:58,920 Speaker 2: Now, you're correct. 649 00:33:59,080 --> 00:34:01,880 Speaker 3: And if we just look at the statistics historically, I mean, 650 00:34:01,920 --> 00:34:04,280 Speaker 3: the stock markets have hit all time highs over the 651 00:34:04,320 --> 00:34:07,400 Speaker 3: last few days, so the stock market remains relatively strong, 652 00:34:07,480 --> 00:34:10,520 Speaker 3: but doesn't help the average US consumer that's running whether 653 00:34:10,600 --> 00:34:12,920 Speaker 3: or not that paycheck is coming. And it's a really 654 00:34:12,960 --> 00:34:15,680 Speaker 3: good time for someone in those scenarios to maybe just 655 00:34:15,760 --> 00:34:18,400 Speaker 3: take a hard look at their budget, at their spending. 656 00:34:19,000 --> 00:34:20,759 Speaker 3: Typical worker, at the end of the month, you have 657 00:34:20,840 --> 00:34:23,200 Speaker 3: some money in your savings account and you're feeling pretty good, 658 00:34:23,200 --> 00:34:25,719 Speaker 3: but maybe it's time for a reset to figure out 659 00:34:25,719 --> 00:34:28,200 Speaker 3: where the dollars are going and having a specific plan 660 00:34:28,600 --> 00:34:31,680 Speaker 3: maybe change, making sure that you really have those additional 661 00:34:31,719 --> 00:34:34,560 Speaker 3: funds available for such emergencies. And for the rest of 662 00:34:34,640 --> 00:34:37,440 Speaker 3: us not impacted by the federal government. It's just a 663 00:34:37,480 --> 00:34:39,719 Speaker 3: really good reminder that the world can go through a 664 00:34:39,719 --> 00:34:43,399 Speaker 3: lot of different scenarios out there, and their temporary disruptions 665 00:34:43,560 --> 00:34:46,680 Speaker 3: not going to be really impactful long term, So you 666 00:34:46,719 --> 00:34:49,720 Speaker 3: really have to stay disciplined. You can't get emotional during 667 00:34:49,760 --> 00:34:52,200 Speaker 3: these these scenarios. There's going to be a lot of 668 00:34:52,239 --> 00:34:55,560 Speaker 3: political volatility as Congress and the Senator trying to figure 669 00:34:55,560 --> 00:34:59,200 Speaker 3: this out. So the biggest market effect today, it's not 670 00:34:59,239 --> 00:35:02,000 Speaker 3: really from the lack of spending, it's just there's also 671 00:35:02,080 --> 00:35:05,000 Speaker 3: not a lot of government data out there for people 672 00:35:05,000 --> 00:35:07,759 Speaker 3: to make decisions that's going to impact you overall economy. 673 00:35:08,040 --> 00:35:10,760 Speaker 1: Well, I think I think the market got to bump 674 00:35:10,840 --> 00:35:14,560 Speaker 1: today with that consumer price Index number that came out 675 00:35:14,640 --> 00:35:19,719 Speaker 1: for September. That CPI number was late, but it was 676 00:35:20,360 --> 00:35:23,360 Speaker 1: the three percent number was less than what the experts 677 00:35:23,360 --> 00:35:27,279 Speaker 1: had predicted. Uh, And I think many people suspect that 678 00:35:27,320 --> 00:35:30,200 Speaker 1: this is going to lay the found work, the groundwork, 679 00:35:30,239 --> 00:35:34,600 Speaker 1: i should say, or the foundation for another cut in 680 00:35:34,600 --> 00:35:40,200 Speaker 1: interest rates next week. I'm sure that you understand exactly 681 00:35:40,200 --> 00:35:42,480 Speaker 1: what I'm talking about here, that the market's trying to 682 00:35:42,760 --> 00:35:46,160 Speaker 1: stay ahead of what where they think the economy is going, 683 00:35:46,239 --> 00:35:48,839 Speaker 1: and they and that's what that's what that's why they 684 00:35:48,840 --> 00:35:52,040 Speaker 1: were up across the board today all three indices were, 685 00:35:52,680 --> 00:35:55,280 Speaker 1: if not one percent, very close to one percent. 686 00:35:56,520 --> 00:35:58,960 Speaker 3: Yeah, I would agree. I was having this conversation my son, 687 00:35:59,000 --> 00:36:02,759 Speaker 3: who's a sophomore studying economics in college, and the challenges 688 00:36:02,800 --> 00:36:06,920 Speaker 3: we're using data that's relatively recent. The longer that this 689 00:36:07,120 --> 00:36:09,680 Speaker 3: goes on, the less data we're going to have, there's 690 00:36:09,719 --> 00:36:11,640 Speaker 3: going to be impacts in the economy. So the good 691 00:36:11,680 --> 00:36:13,920 Speaker 3: thing that may come out of this is maybe it 692 00:36:13,960 --> 00:36:16,880 Speaker 3: does accelerate some of these adjustments to the interest rates 693 00:36:17,000 --> 00:36:19,239 Speaker 3: because we can base that off of the certainty of 694 00:36:19,280 --> 00:36:21,880 Speaker 3: the last few months. But going forward, that data is 695 00:36:21,920 --> 00:36:24,160 Speaker 3: going to be less and less accurate because there's a 696 00:36:24,160 --> 00:36:26,320 Speaker 3: lot of moving parts, a lot of dollars not flowing 697 00:36:26,320 --> 00:36:29,400 Speaker 3: into the economy just because people aren't spending the same amount, 698 00:36:29,520 --> 00:36:30,879 Speaker 3: and there's not going to be a lot of people 699 00:36:30,960 --> 00:36:32,360 Speaker 3: gathering the same information. 700 00:36:32,640 --> 00:36:35,240 Speaker 1: Well, I'm going to in the next couple of hours 701 00:36:35,400 --> 00:36:41,600 Speaker 1: talk about there's been a lot of suggestions by the experts. 702 00:36:42,320 --> 00:36:47,600 Speaker 1: When President Trump first started imposing tariffs in early April, 703 00:36:47,920 --> 00:36:50,960 Speaker 1: the market really took a hit, but then it came 704 00:36:50,960 --> 00:36:54,359 Speaker 1: back pretty quickly, and a lot of the fear that 705 00:36:54,400 --> 00:36:57,560 Speaker 1: people were anticipating that tariffs were going to be passed on. 706 00:36:57,760 --> 00:37:00,399 Speaker 1: And I remember the news stories that want to buy 707 00:37:00,400 --> 00:37:02,760 Speaker 1: a car, buy it now, because if you're wait till September, 708 00:37:02,760 --> 00:37:04,960 Speaker 1: the prices of cars are going to be, you know whatever. 709 00:37:05,320 --> 00:37:05,919 Speaker 4: Through the roof. 710 00:37:07,600 --> 00:37:11,960 Speaker 1: The price of gasoline is down, on average below three 711 00:37:12,040 --> 00:37:15,080 Speaker 1: dollars a gallon, which is going to help in a 712 00:37:15,160 --> 00:37:17,719 Speaker 1: number of ways. It's going to help in the in 713 00:37:17,760 --> 00:37:20,800 Speaker 1: the perspective of what the costs are to move food 714 00:37:20,840 --> 00:37:23,080 Speaker 1: back and forth across the country, move. 715 00:37:23,000 --> 00:37:24,520 Speaker 4: Any supplies across the country. 716 00:37:24,719 --> 00:37:28,920 Speaker 1: So it just seems that there's always been these suggestions 717 00:37:28,960 --> 00:37:32,640 Speaker 1: that the sky is falling, but it hasn't fallen yet, 718 00:37:33,719 --> 00:37:38,520 Speaker 1: and you have sometimes and I would love to know 719 00:37:39,320 --> 00:37:42,400 Speaker 1: what you think about that theory. I'm not saying everything's 720 00:37:42,440 --> 00:37:46,400 Speaker 1: going to be strawberries and cream going forward, but it 721 00:37:46,480 --> 00:37:49,600 Speaker 1: hasn't been one a lot of the experts predicted in April, 722 00:37:49,680 --> 00:37:53,759 Speaker 1: in May, for that matter, even earlier this year when 723 00:37:53,800 --> 00:37:55,040 Speaker 1: when Trump was inaugurated. 724 00:37:55,320 --> 00:37:59,680 Speaker 3: What's your taking, I would agree, And anytime there's that 725 00:38:00,040 --> 00:38:04,359 Speaker 3: type of change, the potential of uncertainty, our office gets 726 00:38:04,360 --> 00:38:07,600 Speaker 3: pretty busy of folks just getting very nervous, and the 727 00:38:07,719 --> 00:38:10,680 Speaker 3: markets tend to trade with a lot of volatility based 728 00:38:10,719 --> 00:38:14,080 Speaker 3: on uncertainty when there's talks about tariffs, When there's talks 729 00:38:14,120 --> 00:38:17,799 Speaker 3: about these changes, that's when people get nervous. People pull back. 730 00:38:18,200 --> 00:38:20,840 Speaker 3: Once we have clarity and it's not a political statement, 731 00:38:20,880 --> 00:38:24,319 Speaker 3: but whatever the tariffs look like, whatever the political decisions are, 732 00:38:24,760 --> 00:38:28,719 Speaker 3: then the adjustments can be made. We're actively changing the 733 00:38:28,760 --> 00:38:31,680 Speaker 3: way we think about investing based on those outcomes. So 734 00:38:31,719 --> 00:38:34,200 Speaker 3: if you have the right plan in place, if you 735 00:38:34,200 --> 00:38:36,680 Speaker 3: have the right structure, you shouldn't be worried about the 736 00:38:36,760 --> 00:38:40,799 Speaker 3: day to days and the longer you stretch out your timeline. Now, 737 00:38:40,800 --> 00:38:43,160 Speaker 3: if you're going to be retiring next Wednesday, that's a 738 00:38:43,280 --> 00:38:45,800 Speaker 3: very different discussion than someone who's going to be retiring 739 00:38:45,840 --> 00:38:49,480 Speaker 3: in ten or fifteen years. So your timeline, your goals, 740 00:38:49,600 --> 00:38:53,960 Speaker 3: your specific needs should partly be driven. But making irrational 741 00:38:54,000 --> 00:38:57,279 Speaker 3: emotional decisions based by the latest news, you're never going 742 00:38:57,360 --> 00:38:58,680 Speaker 3: to come out ahead over the long run. 743 00:38:59,080 --> 00:39:01,600 Speaker 4: Couldn't agree with you more, David, Thanks very much. Where's 744 00:39:01,600 --> 00:39:03,400 Speaker 4: your studying economics? 745 00:39:04,480 --> 00:39:07,480 Speaker 3: Quinnipiac? So my oldest is in grad school and he's 746 00:39:07,480 --> 00:39:09,960 Speaker 3: studying there as well, and it's just it's interesting, it's 747 00:39:10,000 --> 00:39:13,240 Speaker 3: just real world information. They're getting a really good craft 748 00:39:13,360 --> 00:39:16,280 Speaker 3: course about the markets and things that historically haven't happened. 749 00:39:16,280 --> 00:39:17,560 Speaker 3: It's it's very unique scenario. 750 00:39:17,760 --> 00:39:20,120 Speaker 1: Great school in a very good hockey program, by the way, 751 00:39:20,920 --> 00:39:22,680 Speaker 1: very good, that's true. 752 00:39:22,440 --> 00:39:23,120 Speaker 4: David Shapiro. 753 00:39:23,200 --> 00:39:25,120 Speaker 1: How could folks get in touch with you with Johnson 754 00:39:25,120 --> 00:39:26,719 Speaker 1: Brunetti if they'd like to talk with you? 755 00:39:27,680 --> 00:39:29,560 Speaker 3: Best way to reach out to us You can always 756 00:39:29,560 --> 00:39:33,280 Speaker 3: go to our website, which is just Johnsonbrunetti dot com. 757 00:39:33,480 --> 00:39:36,160 Speaker 3: We have local offices throughout all of Boston. You can 758 00:39:36,200 --> 00:39:39,560 Speaker 3: also reach us directly at six one seven nine four 759 00:39:39,680 --> 00:39:41,600 Speaker 3: four six nine eight eight. 760 00:39:41,920 --> 00:39:44,960 Speaker 1: All Right, David Shapiro, appreciate the time this evening, and 761 00:39:45,000 --> 00:39:48,239 Speaker 1: hope you have a great last weekend of October. November 762 00:39:48,320 --> 00:39:50,120 Speaker 1: is lurking next weekend. 763 00:39:50,800 --> 00:39:52,400 Speaker 3: Sure is, and we're looking forward to that and we 764 00:39:52,520 --> 00:39:55,000 Speaker 3: appreciate sharing our thoughts with us the rest of the community. 765 00:39:55,120 --> 00:39:57,160 Speaker 4: You're very welcome. Thanks, David, appreciate your time. 766 00:39:57,320 --> 00:39:57,560 Speaker 3: Thanks. 767 00:39:57,880 --> 00:39:59,600 Speaker 1: When we get back, we are going to talk about 768 00:39:59,640 --> 00:40:01,879 Speaker 1: the news for the economy today, and what I want 769 00:40:01,920 --> 00:40:03,480 Speaker 1: to do is I want to do a little bit 770 00:40:03,480 --> 00:40:06,080 Speaker 1: of a survey with my nightside listeners. I want to 771 00:40:06,080 --> 00:40:10,200 Speaker 1: find out what's going on in your life. Are you 772 00:40:10,480 --> 00:40:12,480 Speaker 1: cutting back on restaurants. We'll get to all of this. 773 00:40:12,680 --> 00:40:15,160 Speaker 1: I get lots to talk about in the next two hours, 774 00:40:15,200 --> 00:40:17,080 Speaker 1: and then twentieth hour, we're going to talk about your 775 00:40:17,080 --> 00:40:20,280 Speaker 1: favorite pizza. So we'll have fun tonight, a little serious 776 00:40:20,440 --> 00:40:25,200 Speaker 1: in the next hour or so. Then we'll we'll end 777 00:40:25,200 --> 00:40:27,000 Speaker 1: the week on a positive note. Stay with us.