1 00:00:01,240 --> 00:00:05,760 Speaker 1: Hi, Micha or Michael, this is goober seven. I just 2 00:00:05,800 --> 00:00:06,240 Speaker 1: wanted to. 3 00:00:06,200 --> 00:00:09,680 Speaker 2: Know if you support playing your show recordings at fifty 4 00:00:09,720 --> 00:00:10,479 Speaker 2: percent speed. 5 00:00:11,640 --> 00:00:13,600 Speaker 1: That's the only way I can understand the show. 6 00:00:13,840 --> 00:00:17,360 Speaker 2: The entire show is half fast, much like the show 7 00:00:17,440 --> 00:00:19,239 Speaker 2: talent is half fast. 8 00:00:20,640 --> 00:00:23,360 Speaker 1: His Pedanta grants are half fast. 9 00:00:25,079 --> 00:00:28,880 Speaker 3: In short, the best I can tell people is listen 10 00:00:28,920 --> 00:00:29,640 Speaker 3: to Michael Brown. 11 00:00:30,880 --> 00:00:31,800 Speaker 4: He's half fast. 12 00:00:33,600 --> 00:00:36,479 Speaker 2: The sad part is he doesn't realize how he stepped 13 00:00:36,520 --> 00:00:44,240 Speaker 2: into it, that this, my my program is so chock 14 00:00:44,440 --> 00:00:50,840 Speaker 2: full of information, data, persuasive arguments. It is so entertaining, 15 00:00:50,960 --> 00:00:54,200 Speaker 2: it is humorous, it is funny that and his brain 16 00:00:54,360 --> 00:00:58,320 Speaker 2: is so stupid and so slow that he has to 17 00:00:58,360 --> 00:01:02,160 Speaker 2: play it at half speed in order to consume even 18 00:01:02,200 --> 00:01:05,720 Speaker 2: a quarter of the amount of stuff that we provide everybody. 19 00:01:05,760 --> 00:01:07,720 Speaker 1: It's so sad, so sad. 20 00:01:08,720 --> 00:01:11,000 Speaker 4: I'm still confused about the part that where people actually 21 00:01:11,000 --> 00:01:11,759 Speaker 4: listen to this show. 22 00:01:12,120 --> 00:01:19,080 Speaker 2: Yeah, well, you know, don't don't don't don't don't chase 23 00:01:19,120 --> 00:01:22,120 Speaker 2: them away. I don't continue to kind of flop in 24 00:01:22,200 --> 00:01:24,920 Speaker 2: here and flop around like a fish out on the 25 00:01:24,920 --> 00:01:30,720 Speaker 2: bank of the river. Trout fresh trout and pork and 26 00:01:30,800 --> 00:01:34,800 Speaker 2: beans on the side of the river. Now we're talking 27 00:01:34,880 --> 00:01:41,240 Speaker 2: I'm hungry now, all right, now, now that we've swerved 28 00:01:41,280 --> 00:01:46,200 Speaker 2: into the program, you may be surprised to hear, but 29 00:01:46,280 --> 00:01:49,440 Speaker 2: I know you have heard that politicians tell you that 30 00:01:49,480 --> 00:01:54,200 Speaker 2: inflation is under control, and you have heard that economists 31 00:01:54,240 --> 00:01:58,720 Speaker 2: say that everything is behind us in terms of all 32 00:01:58,800 --> 00:02:02,120 Speaker 2: of the crap we endure during COVID, all of the 33 00:02:02,200 --> 00:02:05,560 Speaker 2: crap that we endured during the Biden administration or whatever 34 00:02:05,600 --> 00:02:08,960 Speaker 2: that was called. And even the White House is telling 35 00:02:09,000 --> 00:02:10,920 Speaker 2: us that the economy is strong. And in fact, I 36 00:02:11,000 --> 00:02:12,880 Speaker 2: listened last night to. 37 00:02:14,480 --> 00:02:15,040 Speaker 1: This Peak. 38 00:02:15,280 --> 00:02:18,760 Speaker 2: This Peak does some really good writing over at the Hill. 39 00:02:19,240 --> 00:02:23,720 Speaker 2: She's usually on Fox Business, Fox News. She's really good 40 00:02:23,720 --> 00:02:26,520 Speaker 2: on the economy, and she's talking about how, relatively speaking, 41 00:02:27,000 --> 00:02:30,280 Speaker 2: the United States compared to most other countries, we're in 42 00:02:30,320 --> 00:02:33,040 Speaker 2: a lot better shape. Even though I know that right now, 43 00:02:33,120 --> 00:02:38,960 Speaker 2: let's see, let's see bitcoins now, who and I'm I can't. 44 00:02:39,320 --> 00:02:42,160 Speaker 2: Nasda's down eighty four, so you know, but you know, 45 00:02:42,560 --> 00:02:45,519 Speaker 2: those are not great indicators of what the economy is doing. 46 00:02:47,200 --> 00:02:51,880 Speaker 2: And yet, despite all of that stuff, when you're standing 47 00:02:51,880 --> 00:02:55,880 Speaker 2: in the grocery store, or you're filling up your gas tank, 48 00:02:56,760 --> 00:02:59,360 Speaker 2: or you're writing your check for rent or your mortgage 49 00:02:59,480 --> 00:03:02,560 Speaker 2: or how are you pay it? Or God forbid, you're 50 00:03:02,560 --> 00:03:05,920 Speaker 2: writing a check for childcare every single month. It just 51 00:03:05,960 --> 00:03:09,160 Speaker 2: doesn't seem to add up, does it. You feel it, 52 00:03:10,040 --> 00:03:13,080 Speaker 2: and your spouse feels it, your check book feels it, 53 00:03:13,160 --> 00:03:16,079 Speaker 2: your bank account feels it, your kids feel it. Every 54 00:03:16,120 --> 00:03:18,519 Speaker 2: time you have a conversation about what you can and 55 00:03:18,639 --> 00:03:21,720 Speaker 2: cannot afford to do this summer where you can or 56 00:03:21,760 --> 00:03:24,320 Speaker 2: cannot afford to go or do or you know can't. 57 00:03:24,360 --> 00:03:28,799 Speaker 1: Can we go to Disneyland? No, we're gonna go. 58 00:03:30,600 --> 00:03:33,320 Speaker 2: We're gonna go to Rocky Mountain National Park and stand 59 00:03:33,360 --> 00:03:35,920 Speaker 2: in line for four hours and hopefully we can finally get. 60 00:03:35,840 --> 00:03:36,360 Speaker 1: Through the gate. 61 00:03:37,680 --> 00:03:40,880 Speaker 2: Now I've read a study that proves it's not in 62 00:03:40,960 --> 00:03:45,280 Speaker 2: your head. The Common Sense Institute right here in Colorado. 63 00:03:45,640 --> 00:03:47,960 Speaker 2: Just ride here in Little Ow, Colorado. Send them and Watson, 64 00:03:48,040 --> 00:03:53,000 Speaker 2: our group over at the Common in Institute just released 65 00:03:53,040 --> 00:03:54,920 Speaker 2: what they're calling and here's the title of it. 66 00:03:55,520 --> 00:03:55,840 Speaker 1: Dragon. 67 00:03:55,920 --> 00:03:58,080 Speaker 2: You might want to look this up because they've got 68 00:03:58,080 --> 00:04:00,400 Speaker 2: a really some really good graphs that I'm going to 69 00:04:00,440 --> 00:04:04,040 Speaker 2: put up at Michael says go here dot com. The 70 00:04:04,080 --> 00:04:09,160 Speaker 2: title of their study is the Inflation Hangover how the 71 00:04:09,200 --> 00:04:14,920 Speaker 2: post pandemic price surge reshaped affordability in America. So I 72 00:04:14,960 --> 00:04:17,320 Speaker 2: want to walk you through it, not word for words, 73 00:04:17,400 --> 00:04:20,160 Speaker 2: not lying for line, but I do want to walk 74 00:04:20,240 --> 00:04:22,040 Speaker 2: you through it because this isn't politics. 75 00:04:22,120 --> 00:04:24,080 Speaker 1: This is just math. It's something I'm not. 76 00:04:24,120 --> 00:04:26,520 Speaker 2: Very good at, which is why I depend on people 77 00:04:26,560 --> 00:04:29,279 Speaker 2: like the Common Sense Institutes put the numbers together for me. 78 00:04:30,279 --> 00:04:33,280 Speaker 2: And the problem with math is it doesn't lie like 79 00:04:33,320 --> 00:04:37,080 Speaker 2: politicians do. And math doesn't care who's in the White House. 80 00:04:37,800 --> 00:04:43,400 Speaker 2: So let's just start with a foundation, just a basic foundation. Yes, 81 00:04:43,560 --> 00:04:47,919 Speaker 2: inflation has cooled as of last January, it's running around 82 00:04:47,920 --> 00:04:51,440 Speaker 2: two point four percent, the FED, the Federal Reserve, and 83 00:04:51,520 --> 00:04:54,039 Speaker 2: Drome Palell, who's by the way, spending that billion dollars 84 00:04:54,120 --> 00:04:57,400 Speaker 2: in overruns to build a new Federal Reserve building. How 85 00:04:57,400 --> 00:05:00,080 Speaker 2: do you go over a billion dollars a building a 86 00:05:00,080 --> 00:05:06,680 Speaker 2: building for a billion dollars cost overrun. I'm telling you 87 00:05:06,760 --> 00:05:10,680 Speaker 2: there's some engineers and there's some construction managers that are 88 00:05:10,760 --> 00:05:14,440 Speaker 2: signed are getting slipping through some change orders on that 89 00:05:14,480 --> 00:05:17,400 Speaker 2: construction project, and they're going to get a big ass 90 00:05:17,480 --> 00:05:19,320 Speaker 2: bonus into that project. 91 00:05:19,640 --> 00:05:21,760 Speaker 1: I mean, you got your own bell to sign off 92 00:05:21,800 --> 00:05:24,960 Speaker 1: on that. Yeah, well, well it's gonna cost us a billion, 93 00:05:25,200 --> 00:05:29,320 Speaker 1: a billion dollars, a freaking billion. 94 00:05:29,520 --> 00:05:33,320 Speaker 2: Have you ever seen the Federal Reserve over on Constitution Avenue? 95 00:05:33,440 --> 00:05:33,680 Speaker 1: You ever? 96 00:05:33,720 --> 00:05:37,760 Speaker 2: Have you ever seen it? Holy col How are they 97 00:05:37,760 --> 00:05:41,440 Speaker 2: remodeling that for a billion dollars? I don't get it, 98 00:05:41,920 --> 00:05:45,120 Speaker 2: but I digress. Anyway, The Fed is patting themselves on 99 00:05:45,160 --> 00:05:47,760 Speaker 2: the back because inflation is, you know, running around two 100 00:05:47,800 --> 00:05:51,120 Speaker 2: point four percent, and even the administration is taking a bow. 101 00:05:51,440 --> 00:05:53,960 Speaker 2: But here's about nobody in Washington wants to say out loud, 102 00:05:53,960 --> 00:05:56,320 Speaker 2: Here's about nobody in Colorado wants to say out loud. 103 00:05:56,360 --> 00:06:00,480 Speaker 2: I'm other than the common Sense Institute flower in inflation. 104 00:06:01,320 --> 00:06:05,080 Speaker 2: The low inflation does not mean lower prices. It just 105 00:06:05,160 --> 00:06:10,279 Speaker 2: means that prices are rising more slowly from an already 106 00:06:10,320 --> 00:06:16,599 Speaker 2: catastrophically higher baseline. So the damage is done. The price 107 00:06:16,760 --> 00:06:22,240 Speaker 2: level was permanently reset, and your household budget is still 108 00:06:22,240 --> 00:06:24,200 Speaker 2: trying to catch up where it was six years ago, 109 00:06:24,480 --> 00:06:27,360 Speaker 2: and you're failing. You are failing miserably. Now, it's not 110 00:06:27,480 --> 00:06:30,760 Speaker 2: your fault, but you are failing. Between twenty twenty one 111 00:06:30,800 --> 00:06:35,719 Speaker 2: and twenty twenty three, overall consumer prices rose between seventeen 112 00:06:35,760 --> 00:06:40,359 Speaker 2: and eighteen percent, not over a decade. Between twenty twenty 113 00:06:40,400 --> 00:06:46,320 Speaker 2: one and twenty twenty three, in two years, consumer prices 114 00:06:46,520 --> 00:06:51,040 Speaker 2: rose almost twenty percent seventeen to eighteen percent. That is, 115 00:06:51,720 --> 00:06:56,040 Speaker 2: I'm calculating about three times the pace of normal inflation. 116 00:06:57,560 --> 00:07:01,080 Speaker 2: And it wasn't whether, it wasn't bad luck, it was 117 00:07:01,640 --> 00:07:08,000 Speaker 2: entirely foreseeable the consequence of injecting trillions of dollars of 118 00:07:08,080 --> 00:07:12,800 Speaker 2: federal stimulus into an economy that had already recovered. You 119 00:07:12,840 --> 00:07:16,200 Speaker 2: had the Cares Act, then you had the American Rescue Plan, 120 00:07:16,760 --> 00:07:20,640 Speaker 2: roughly five and a half trillion dollars of new federal 121 00:07:20,880 --> 00:07:24,480 Speaker 2: debt while the Federal Reserve held interest rates at near zero, 122 00:07:25,040 --> 00:07:27,640 Speaker 2: and then they expanded their own balance sheet by another 123 00:07:27,720 --> 00:07:28,880 Speaker 2: three trillion dollars. 124 00:07:29,040 --> 00:07:30,720 Speaker 1: So what did we do? 125 00:07:30,800 --> 00:07:33,800 Speaker 2: We poured jet A on a fire that was already 126 00:07:33,960 --> 00:07:37,840 Speaker 2: out and were still living with the burns. 127 00:07:39,360 --> 00:07:40,520 Speaker 1: So what did it cost you? 128 00:07:41,480 --> 00:07:41,640 Speaker 3: Well? 129 00:07:41,680 --> 00:07:42,720 Speaker 1: The Common Sense. 130 00:07:42,440 --> 00:07:48,600 Speaker 2: Institute built a model. They took a standardized four person household, 131 00:07:49,120 --> 00:07:53,960 Speaker 2: two working adults, two rug rets earning median wages. In 132 00:07:54,080 --> 00:07:58,920 Speaker 2: every state. They looked at six categories of essential non 133 00:07:58,920 --> 00:08:06,080 Speaker 2: negotiable household expenses, shelter and utilities, now, yes, I agree 134 00:08:06,120 --> 00:08:10,040 Speaker 2: these are non negotiable. But I suppose if you wanted 135 00:08:10,080 --> 00:08:13,160 Speaker 2: to live, you know, homeless and get all the benefits 136 00:08:13,160 --> 00:08:15,320 Speaker 2: of that, you could do that. If you just wanted 137 00:08:15,320 --> 00:08:17,960 Speaker 2: to cut off Excel and just freeze or burn up, 138 00:08:18,000 --> 00:08:20,920 Speaker 2: you could do that. Groceries, that's kind of hard to do. 139 00:08:21,320 --> 00:08:26,240 Speaker 2: Health insurance, car insurance, gasoline, and childcare. There's nothing exotic 140 00:08:26,280 --> 00:08:31,840 Speaker 2: in that list. No vacations, no restaurant meals, no entertainment. 141 00:08:32,880 --> 00:08:36,960 Speaker 2: That's the floor. That's the basics. And then the Common 142 00:08:36,960 --> 00:08:40,520 Speaker 2: Sense Institute compared what that floor cost in twenty nineteen, 143 00:08:40,960 --> 00:08:45,040 Speaker 2: which is before the inflationary shock, to what it costs 144 00:08:45,559 --> 00:08:48,840 Speaker 2: in twenty twenty five, the latest full year for which 145 00:08:48,840 --> 00:08:52,120 Speaker 2: we have numbers, obviously, and the national number. We'll get 146 00:08:52,120 --> 00:08:54,880 Speaker 2: to Colorado in a minute, but the national number is stunning. 147 00:08:55,559 --> 00:08:58,120 Speaker 2: On average, American householders spending. 148 00:08:59,200 --> 00:09:00,040 Speaker 1: The drum roll. 149 00:09:01,480 --> 00:09:07,600 Speaker 2: Fifteen thousand, four hundred dollars more per year today just 150 00:09:07,720 --> 00:09:12,880 Speaker 2: to cover those six basic categories than they were in 151 00:09:12,920 --> 00:09:14,480 Speaker 2: twenty nineteen. 152 00:09:16,120 --> 00:09:17,760 Speaker 1: Doesn't bother. I know it doesn't bother. 153 00:09:17,840 --> 00:09:21,120 Speaker 2: You didn't don't bother Dragon because Dragon got a fifteen thousand, 154 00:09:21,160 --> 00:09:24,800 Speaker 2: four hundred dollars raise to cover his increased expenses. He's 155 00:09:24,800 --> 00:09:27,480 Speaker 2: sitting back there all smugged, like, who cares? I got 156 00:09:27,480 --> 00:09:32,280 Speaker 2: a fifteen thousand dollar raise? Or was it fifteen dollars 157 00:09:32,400 --> 00:09:35,439 Speaker 2: you got? You got a buck twenty five a year 158 00:09:36,440 --> 00:09:39,520 Speaker 2: a month. That's twelve hundred and eighty dollars a month 159 00:09:40,559 --> 00:09:43,880 Speaker 2: just to stand still. Now, let's get it. Let's break 160 00:09:43,880 --> 00:09:47,680 Speaker 2: it down my categories. Groceries are up twenty five percent. 161 00:09:48,400 --> 00:09:51,520 Speaker 2: Sheltering utilities are up nearly thirty four percent on average. 162 00:09:51,760 --> 00:09:56,640 Speaker 2: That's nearly five thousand dollars more a year just for 163 00:09:56,720 --> 00:10:01,280 Speaker 2: the roof over your head and keeping the lights on. Insurance, Now, 164 00:10:01,280 --> 00:10:03,960 Speaker 2: if you haven't noticed this, you're not paying attention. Car 165 00:10:04,000 --> 00:10:08,839 Speaker 2: insurance is up forty one percent nationwide. Childcare, which we'll 166 00:10:08,840 --> 00:10:12,000 Speaker 2: get more intent in just a second is up nearly 167 00:10:12,080 --> 00:10:15,040 Speaker 2: forty percent nationally. That's an average of five thousand bucks 168 00:10:15,120 --> 00:10:17,880 Speaker 2: more per year for families with rug rounds. 169 00:10:18,559 --> 00:10:19,400 Speaker 1: And here's the kicker. 170 00:10:19,720 --> 00:10:23,280 Speaker 2: Incomes did rise over that period, but the incomes didn't 171 00:10:23,320 --> 00:10:29,720 Speaker 2: keep pace. In thirty states, we'll get the coloradal hang on, 172 00:10:29,920 --> 00:10:34,400 Speaker 2: just hang on in thirty states, affordability declined out right 173 00:10:36,480 --> 00:10:40,240 Speaker 2: thirty states. Now, now I'm not going to make the joke, 174 00:10:40,320 --> 00:10:43,760 Speaker 2: the Obama joke about fifty seven, because that will reduce 175 00:10:43,840 --> 00:10:50,760 Speaker 2: my percentage. In fifty states, thirty of them, affordability declined 176 00:10:50,960 --> 00:10:55,360 Speaker 2: out right, and in those states, households effectively lost an 177 00:10:55,400 --> 00:10:58,800 Speaker 2: average of three point two percent of their entire gross income. 178 00:10:59,040 --> 00:11:00,520 Speaker 1: Only do rising prices. 179 00:11:01,320 --> 00:11:04,920 Speaker 2: The worst hit Rhode Island families lost eight point four 180 00:11:04,960 --> 00:11:09,600 Speaker 2: percent of their income, Massachusetts Massachusetts eight point one percent, 181 00:11:09,720 --> 00:11:13,440 Speaker 2: California seven point one percent, Hey, you weren't number one, 182 00:11:13,920 --> 00:11:16,680 Speaker 2: New York six point eight percent, Washington, d c. Which 183 00:11:16,720 --> 00:11:21,320 Speaker 2: is not technically a state, six point two percent. Now, 184 00:11:21,360 --> 00:11:27,080 Speaker 2: after you pay for those six essentials plus your income taxes, 185 00:11:27,840 --> 00:11:30,960 Speaker 2: the average American household has about twenty one hundred and 186 00:11:30,960 --> 00:11:36,120 Speaker 2: seventy dollars left each month. That's about twenty four point 187 00:11:36,200 --> 00:11:37,440 Speaker 2: seven percent of gross income. 188 00:11:38,280 --> 00:11:38,480 Speaker 1: Now. 189 00:11:38,520 --> 00:11:45,240 Speaker 2: In Iowa, which you know, the most affordable state, you know, 190 00:11:45,920 --> 00:11:49,640 Speaker 2: nobody wants to live there. We'll get somebody from Iowa driving, 191 00:11:50,679 --> 00:11:53,640 Speaker 2: that number is nearly twenty nine hundred dollars a month. 192 00:11:54,280 --> 00:11:57,640 Speaker 2: In Hawaii, which is the least affordable state, it's about 193 00:11:57,679 --> 00:12:01,480 Speaker 2: eight hundred dollars a month, eight hundred dollars to cover 194 00:12:01,720 --> 00:12:05,000 Speaker 2: everything else. Your car payment, your phone, your internet, your clothing, 195 00:12:05,200 --> 00:12:10,440 Speaker 2: any unexpected expense whatsoever. That's a financial margin that one 196 00:12:10,640 --> 00:12:16,800 Speaker 2: bad month can completely erase. Not exactly encouraging, is it. 197 00:12:16,880 --> 00:12:20,680 Speaker 2: Let's go to Colorado because we did not get the 198 00:12:21,200 --> 00:12:22,880 Speaker 2: national average. 199 00:12:23,200 --> 00:12:23,960 Speaker 1: No, we did not. 200 00:12:24,960 --> 00:12:29,480 Speaker 2: We got the deluxe package, we got the Platinum program. 201 00:12:29,840 --> 00:12:34,280 Speaker 2: Colorado is now the ninth least affordable state in the 202 00:12:34,400 --> 00:12:35,079 Speaker 2: entire country. 203 00:12:37,880 --> 00:12:38,840 Speaker 1: Let me say that again. 204 00:12:40,080 --> 00:12:44,559 Speaker 2: Colorado is now the ninth least affordable state in the 205 00:12:44,720 --> 00:12:49,760 Speaker 2: entire country, ninth least affordable out of fifty states in DC. 206 00:12:51,000 --> 00:12:53,679 Speaker 2: Now here's the number. I want you write down. Get 207 00:12:53,720 --> 00:12:56,160 Speaker 2: your crayon and your big chief tablet out write this now. 208 00:12:57,160 --> 00:13:01,600 Speaker 2: The Common Sense Institute estimates that Colorado households needed to 209 00:13:01,640 --> 00:13:10,640 Speaker 2: spend twenty thousand, eight hundred dollars more last year twenty thousand, 210 00:13:10,800 --> 00:13:15,520 Speaker 2: eight hundred dollars. That's two zero Comma eight zero zero 211 00:13:15,880 --> 00:13:20,199 Speaker 2: decimal point zero zero twenty thousand, eight hundred dollars more 212 00:13:20,240 --> 00:13:23,360 Speaker 2: in twenty twenty five just to cover the same basic 213 00:13:23,480 --> 00:13:28,760 Speaker 2: necessities that you spent four in twenty nineteen. That is 214 00:13:28,840 --> 00:13:34,000 Speaker 2: five thousand, four hundred dollars above the already painful national average. 215 00:13:34,040 --> 00:13:35,520 Speaker 1: Congratulation Colorado. 216 00:13:36,480 --> 00:13:44,280 Speaker 2: Congratulations, let's little category category by category, because the Colorado 217 00:13:44,360 --> 00:13:49,000 Speaker 2: specific numbers are worse than the national picture in almost 218 00:13:49,080 --> 00:13:55,920 Speaker 2: every single category. You ready, it's happy hump day, everybody, 219 00:13:56,040 --> 00:14:00,200 Speaker 2: Happy hump day. I'm just a bubble of good news today. 220 00:14:00,640 --> 00:14:03,040 Speaker 2: But don't worry. Here's where this is going to go. 221 00:14:04,320 --> 00:14:09,880 Speaker 2: We're eventually going to get to Governor Polis and the 222 00:14:09,920 --> 00:14:16,200 Speaker 2: Democrats of the Colorado polit Bureau. Yes, because there is 223 00:14:16,280 --> 00:14:20,960 Speaker 2: one thing good about artificial intelligence. You can ask it 224 00:14:21,040 --> 00:14:25,800 Speaker 2: to go back and collect every time that governor posted 225 00:14:25,840 --> 00:14:27,720 Speaker 2: something on X about. 226 00:14:27,440 --> 00:14:32,200 Speaker 1: How affordable Colorado is. So we're gonna rip the crap 227 00:14:32,240 --> 00:14:33,560 Speaker 1: out of that eventually. Today. 228 00:14:34,560 --> 00:14:36,720 Speaker 2: All right, now, let's go back. Let me reset this. 229 00:14:36,800 --> 00:14:40,680 Speaker 2: I'm sorry I got off on attentionent. So the Common 230 00:14:40,720 --> 00:14:45,120 Speaker 2: Sense Institute estimates that Colorado households needed to spend twenty 231 00:14:45,200 --> 00:14:47,520 Speaker 2: eight hundred dollars more in twenty twenty five than you 232 00:14:47,520 --> 00:14:50,400 Speaker 2: did in twentyenty nineteen, just to cover the basics. 233 00:14:51,120 --> 00:14:52,320 Speaker 1: That's five four. 234 00:14:52,200 --> 00:14:56,400 Speaker 2: Hundred dollars above the national average, more than seventeen hundred 235 00:14:56,400 --> 00:14:59,440 Speaker 2: dollars a month, just to keep up the twenty nineteen 236 00:14:59,520 --> 00:15:03,440 Speaker 2: standard of living. And I said, let's go category category 237 00:15:03,520 --> 00:15:07,360 Speaker 2: by category. So let's get started, might I'm want to 238 00:15:07,400 --> 00:15:12,160 Speaker 2: get some keylout. Shelter and utilities in Colorado are up 239 00:15:12,400 --> 00:15:17,520 Speaker 2: forty percent four zero percent since twenty nineteen. That is 240 00:15:17,560 --> 00:15:22,080 Speaker 2: the thirteenth fastest increase of any state in the nation. 241 00:15:22,920 --> 00:15:26,840 Speaker 2: In real dollars, Colorado families are paying seventy five hundred 242 00:15:26,840 --> 00:15:29,800 Speaker 2: and sixty dollars seventy five hundred and sixty dollars more 243 00:15:29,840 --> 00:15:32,360 Speaker 2: per year just to keep your roof over your head. 244 00:15:33,040 --> 00:15:35,760 Speaker 2: That's six hundred and thirty dollars a month, every single month, 245 00:15:35,840 --> 00:15:38,000 Speaker 2: gone before you even buy a single bag of groceries. 246 00:15:39,240 --> 00:15:44,640 Speaker 2: Groceries well, speaking of witch, they're up twenty eight hundred 247 00:15:44,680 --> 00:15:49,280 Speaker 2: and seventy four dollars a year in Colorado. Twenty eight 248 00:15:49,560 --> 00:15:55,320 Speaker 2: hundred seventy four dollars a year in Colorado. Health insurance 249 00:15:56,000 --> 00:16:01,720 Speaker 2: up nearly twelve hundred dollars a year. Car insurance up 250 00:16:01,760 --> 00:16:04,600 Speaker 2: fifty one point eight percent. That is the ninth fifty 251 00:16:04,600 --> 00:16:07,160 Speaker 2: one point eight percent. That's how much has increased so 252 00:16:07,360 --> 00:16:13,480 Speaker 2: twenty nineteen. That's the ninth fastest increase in the entire 253 00:16:13,560 --> 00:16:18,040 Speaker 2: country in dollar terms. An extra thirteen hundred and eighty 254 00:16:18,080 --> 00:16:20,800 Speaker 2: eight dollars a year. So when you open that renewal 255 00:16:20,840 --> 00:16:25,680 Speaker 2: notice and you're furious, you're not imagining it, you're not 256 00:16:25,720 --> 00:16:30,680 Speaker 2: being realistic, and you're not overreacting. You're not being taken 257 00:16:30,720 --> 00:16:35,040 Speaker 2: advantage of by your specific insure. You can bitch about 258 00:16:35,080 --> 00:16:43,120 Speaker 2: everythingle one of them. It's a statewide, nationwide phenomenon, and Colorado, congratulations, 259 00:16:43,160 --> 00:16:44,200 Speaker 2: you're into the top of the list. 260 00:16:44,360 --> 00:16:45,920 Speaker 1: You're in the top ten, you're number nine. 261 00:16:47,360 --> 00:16:50,840 Speaker 2: Now gas is actually the one category where there's marginal relief, 262 00:16:51,400 --> 00:16:53,520 Speaker 2: down about one hundred and thirty five dollars a year 263 00:16:53,520 --> 00:16:54,680 Speaker 2: from twenty nineteen. 264 00:16:55,080 --> 00:16:57,120 Speaker 1: Small comfort, but nonetheless, let's take it where. 265 00:16:57,000 --> 00:17:01,480 Speaker 2: We can get it right. Childcare you having rug rats? 266 00:17:02,400 --> 00:17:05,639 Speaker 2: Do you know what causes rug rats? Yeah, we'll stop 267 00:17:05,680 --> 00:17:07,960 Speaker 2: it because it's costing you every time you do it. 268 00:17:10,560 --> 00:17:15,040 Speaker 2: The category that frankly, should be dominating every policy conversation 269 00:17:15,160 --> 00:17:20,080 Speaker 2: in this state yet is not. Childcare costs in Colorado 270 00:17:20,520 --> 00:17:24,360 Speaker 2: are up fifty six point four percent since twenty nineteen, 271 00:17:25,080 --> 00:17:29,880 Speaker 2: once again in the top ten, the ninth fastest increase 272 00:17:29,880 --> 00:17:33,040 Speaker 2: in the entire country. Now in dollars, that's an extra 273 00:17:33,160 --> 00:17:36,760 Speaker 2: seventy nine hundred and thirty one dollars per year seventy 274 00:17:36,960 --> 00:17:40,600 Speaker 2: nine hundred and thirty one dollars per year. And here's 275 00:17:40,600 --> 00:17:42,919 Speaker 2: the number I think that captures the human cost of 276 00:17:42,960 --> 00:17:45,879 Speaker 2: this better than any other stat in the entire report 277 00:17:45,960 --> 00:17:50,200 Speaker 2: that they put out. It now takes approximately forty two 278 00:17:50,400 --> 00:17:56,000 Speaker 2: percent of one parent's full time medium wage income just 279 00:17:56,080 --> 00:18:00,399 Speaker 2: to cover the childcare bill for the household. The federal 280 00:18:00,400 --> 00:18:04,120 Speaker 2: government's own standard for affordable childcare is seven. 281 00:18:03,880 --> 00:18:05,840 Speaker 1: Percent of household income. 282 00:18:06,640 --> 00:18:10,879 Speaker 2: We are at six times the federal affordability benchmark in 283 00:18:11,040 --> 00:18:21,439 Speaker 2: Colorado right now. Yeah, let's take a break because you 284 00:18:21,520 --> 00:18:25,000 Speaker 2: need well for the guy that's listening at fifty percent speed, 285 00:18:25,640 --> 00:18:29,560 Speaker 2: he needs some time to catch up and get out 286 00:18:29,600 --> 00:18:33,480 Speaker 2: of the fetal position and get ready for the next round. 287 00:18:33,840 --> 00:18:38,960 Speaker 3: Good hard to Mike or Michael. So, I'm a Trump guy. 288 00:18:39,119 --> 00:18:41,280 Speaker 3: I voted for him over and over. But if his 289 00:18:41,640 --> 00:18:45,359 Speaker 3: policies are so great, and we're drill, baby, drill, and 290 00:18:45,560 --> 00:18:50,040 Speaker 3: we're producing so much crude in this country, why in 291 00:18:50,119 --> 00:18:54,399 Speaker 3: the hell are diesel prices up over five dollars a gallon. 292 00:18:55,240 --> 00:18:59,240 Speaker 3: It doesn't matter if they can't get that through the straits, 293 00:19:00,359 --> 00:19:02,200 Speaker 3: we are producing it here. 294 00:19:08,160 --> 00:19:09,800 Speaker 1: I'm I'm gonna take that one dragon. 295 00:19:09,880 --> 00:19:11,800 Speaker 4: Yeah, just just chase it very quickly and then come 296 00:19:11,800 --> 00:19:12,400 Speaker 4: back Yes. 297 00:19:13,680 --> 00:19:21,800 Speaker 2: Because oil is an international commodity, we don't set the price. 298 00:19:22,920 --> 00:19:25,679 Speaker 2: No matter how much we drill, it will have I mean, 299 00:19:25,720 --> 00:19:30,159 Speaker 2: we could drill, and we do. We drill what you know, 300 00:19:30,240 --> 00:19:33,600 Speaker 2: whatever percentage of oil is produced worldwide, whatever that is. 301 00:19:34,840 --> 00:19:42,320 Speaker 2: But the buyers of oil operate on an international basis. 302 00:19:42,480 --> 00:19:45,600 Speaker 2: There is not an American market for oil. There is 303 00:19:45,640 --> 00:19:51,080 Speaker 2: an international market for oil. So when when and the 304 00:19:51,119 --> 00:19:56,119 Speaker 2: demand is everywhere because remember oil is in everything. As 305 00:19:56,200 --> 00:19:59,280 Speaker 2: I look out over the studio, is I look into 306 00:19:59,280 --> 00:20:01,920 Speaker 2: where dragons working, where the news booth is over here? 307 00:20:02,359 --> 00:20:09,480 Speaker 2: Everything is a product byproducts somehow involved either in the 308 00:20:09,480 --> 00:20:15,399 Speaker 2: production or in the product itself. Is our fossil fuels, oil. 309 00:20:17,640 --> 00:20:21,320 Speaker 2: All of that is that price is determined on bidders 310 00:20:21,400 --> 00:20:25,720 Speaker 2: all over the world bidding on a barrel of oil, 311 00:20:26,040 --> 00:20:28,800 Speaker 2: and sometimes in particular barrels of oil either West Texas 312 00:20:28,880 --> 00:20:31,800 Speaker 2: crude or Brent, depends on whatever it is. But that 313 00:20:32,000 --> 00:20:35,119 Speaker 2: sets the price. We don't have being control over that. 314 00:20:36,200 --> 00:20:39,720 Speaker 2: So we'll continue to drill, baby, drill. But the reason 315 00:20:39,800 --> 00:20:45,120 Speaker 2: that's beneficial to us is that makes us less dependent 316 00:20:46,280 --> 00:20:50,080 Speaker 2: on shortages that might occur. Doesn't mean, it's going to 317 00:20:50,119 --> 00:20:53,359 Speaker 2: affect the price because if there's a shortage because the 318 00:20:53,440 --> 00:20:57,359 Speaker 2: Saudi's or card Island gets you know, the crap blown 319 00:20:57,359 --> 00:21:00,760 Speaker 2: out of it, whatever it might be, that's going to 320 00:21:00,840 --> 00:21:03,120 Speaker 2: drive up prices and people are going to be willing 321 00:21:03,160 --> 00:21:09,960 Speaker 2: to pay more for hours too. So never think and 322 00:21:10,000 --> 00:21:13,800 Speaker 2: that's always been that way. Well, it's always been an 323 00:21:13,840 --> 00:21:18,320 Speaker 2: international commodity. And that's why it doesn't really matter how 324 00:21:18,359 --> 00:21:20,520 Speaker 2: much I mean, it does make it. I started to 325 00:21:20,520 --> 00:21:23,000 Speaker 2: say that that's incorrect. It doesn't matter how much we 326 00:21:23,160 --> 00:21:26,240 Speaker 2: drill because that's good for our national security. That means 327 00:21:26,240 --> 00:21:29,800 Speaker 2: that we're not dependent upon others, but we're not in 328 00:21:29,840 --> 00:21:36,560 Speaker 2: a closed loop. Everybody's bidding for everybody's oil. That's why. 329 00:21:36,880 --> 00:21:41,760 Speaker 2: And to jump off that point that you make about 330 00:21:41,920 --> 00:21:47,720 Speaker 2: Trump and his policies, Yes, he has brought the rate 331 00:21:47,800 --> 00:21:52,159 Speaker 2: of inflation down. I think I think it would have 332 00:21:52,160 --> 00:21:55,240 Speaker 2: come down naturally to some degree anyway. 333 00:21:56,480 --> 00:21:58,040 Speaker 1: But the problem is. 334 00:22:00,119 --> 00:22:05,040 Speaker 2: COVID and all of the spending during Biden established a 335 00:22:05,080 --> 00:22:10,440 Speaker 2: new baseline, So prices are not Prices are still going up, 336 00:22:10,960 --> 00:22:12,760 Speaker 2: but not as fast as they were in the past. 337 00:22:14,040 --> 00:22:19,040 Speaker 2: So now we're operating on a new baseline, and there 338 00:22:19,040 --> 00:22:20,840 Speaker 2: are other reasons too, but we'll get into those when 339 00:22:20,920 --> 00:22:23,960 Speaker 2: we get into the ripping apart polus, which is going 340 00:22:24,040 --> 00:22:28,920 Speaker 2: to be so much fun, so much fun. But that's 341 00:22:28,960 --> 00:22:32,280 Speaker 2: the point that the Common Sense Institute is making here. 342 00:22:33,520 --> 00:22:39,080 Speaker 2: The affordability crisis is real, and I would prefer that 343 00:22:39,119 --> 00:22:44,600 Speaker 2: there is very little that Trump can do, or that 344 00:22:44,760 --> 00:22:50,600 Speaker 2: even Congress can do, other than balance a budget, stop 345 00:22:50,680 --> 00:22:54,639 Speaker 2: the deficit spending, or at least even show the markets, 346 00:22:55,040 --> 00:23:00,280 Speaker 2: at least even show all of the producers, you know, 347 00:23:00,320 --> 00:23:06,680 Speaker 2: the people that actually produce that you're attempting to reduce spending. 348 00:23:08,680 --> 00:23:13,480 Speaker 2: You do that, you might start making a little, a 349 00:23:13,600 --> 00:23:18,040 Speaker 2: few little chinks here and there in the affordability crisis. 350 00:23:18,640 --> 00:23:21,480 Speaker 2: Until then, this is the real world we now live in. 351 00:23:23,240 --> 00:23:27,119 Speaker 2: And the last point that I gave you was childcare. 352 00:23:28,520 --> 00:23:34,280 Speaker 2: And in Colorado it now takes forty two percent of 353 00:23:34,359 --> 00:23:38,440 Speaker 2: one parent's full time medium wage income just to cover 354 00:23:38,480 --> 00:23:43,360 Speaker 2: the childcare bill for the household. The federal government standard 355 00:23:43,440 --> 00:23:47,679 Speaker 2: says you ought to be spending seven percent. We are 356 00:23:47,720 --> 00:23:54,359 Speaker 2: at six times the federal affordability benchmark in Colorado right now. 357 00:23:55,200 --> 00:24:00,000 Speaker 2: So CSI, the Common Sense Institute, not Crime Seeing Investigation, 358 00:24:00,240 --> 00:24:03,320 Speaker 2: whatever the crap show it is makes this point plain 359 00:24:04,640 --> 00:24:06,480 Speaker 2: for a lot of families. For a fact, I'd say 360 00:24:06,480 --> 00:24:11,200 Speaker 2: for most families with drug rounds, childcare costs force one 361 00:24:11,240 --> 00:24:14,600 Speaker 2: parent to leave the workforce entirely, because the math just 362 00:24:14,600 --> 00:24:17,720 Speaker 2: doesn't work. If one parent is spending forty two percent 363 00:24:17,720 --> 00:24:20,719 Speaker 2: of their income on childcare, and then you factor in 364 00:24:21,200 --> 00:24:24,720 Speaker 2: taxes and the cost of commuting, maybe even the cost 365 00:24:24,720 --> 00:24:27,280 Speaker 2: of parking whatever, all those costs they are involved in 366 00:24:27,320 --> 00:24:32,280 Speaker 2: many cases working actually working costs you money. You're going 367 00:24:32,320 --> 00:24:36,840 Speaker 2: in the hole. Now, that's not a personal failure. That 368 00:24:37,040 --> 00:24:43,040 Speaker 2: is a systemic, policy driven economic trap. This is why 369 00:24:43,119 --> 00:24:48,480 Speaker 2: I so vociferously despise the people that are sitting in 370 00:24:48,680 --> 00:24:51,240 Speaker 2: You're gonna hear something in later on the program that 371 00:24:51,400 --> 00:24:55,919 Speaker 2: just personifies why I despise these people in Congress so much. 372 00:24:57,200 --> 00:25:00,119 Speaker 2: Until you have walked in my shoes and you you 373 00:25:00,160 --> 00:25:03,840 Speaker 2: have lived and walked among those yahoos, I really want 374 00:25:03,880 --> 00:25:05,480 Speaker 2: to call them something else, but I can't do it 375 00:25:05,520 --> 00:25:14,200 Speaker 2: on air. Let's just say it's a their feces heads. Now, 376 00:25:14,240 --> 00:25:19,080 Speaker 2: once you take into think about taxes, We've gone through 377 00:25:19,119 --> 00:25:26,160 Speaker 2: groceries and utilities, shelter, auto insurance, everything. Let's think about taxes. 378 00:25:26,920 --> 00:25:30,399 Speaker 2: Deal that colorad carries the tenth largest combined federal and 379 00:25:30,440 --> 00:25:33,920 Speaker 2: state income tax burden in the country, were the tenth 380 00:25:34,160 --> 00:25:40,200 Speaker 2: largest affordable foot bull crab, So Common Sense Institute actually 381 00:25:40,280 --> 00:25:44,800 Speaker 2: ran the numbers on this. Specifically, if Colorail's household income 382 00:25:44,840 --> 00:25:50,880 Speaker 2: tax burden was just average, not zero, just average, full of, 383 00:25:51,160 --> 00:25:56,800 Speaker 2: our affordability ranking would improve by six places, six spots, 384 00:25:56,840 --> 00:26:01,960 Speaker 2: without changing a single price, without building a single new home, 385 00:26:02,280 --> 00:26:07,280 Speaker 2: without touching childcare policy at all, just by not taxing 386 00:26:07,320 --> 00:26:11,560 Speaker 2: our residents harder than ninety percent of the country. 387 00:26:12,520 --> 00:26:13,080 Speaker 1: Now, that's a. 388 00:26:13,200 --> 00:26:16,479 Speaker 2: Choice that those a holes of the Colorado Paulo Bureau 389 00:26:16,760 --> 00:26:20,439 Speaker 2: make every single year, and Colorado families pay for it 390 00:26:20,800 --> 00:26:22,120 Speaker 2: every April fifteen. 391 00:26:23,800 --> 00:26:26,800 Speaker 1: Put that all together. Just where you land. And Michael 392 00:26:26,880 --> 00:26:30,199 Speaker 1: is having trouble yesterday figuring out when Sinko Demaya was. 393 00:26:30,760 --> 00:26:32,480 Speaker 1: Let's help him with another holiday. 394 00:26:32,680 --> 00:26:33,359 Speaker 3: Fourth of July. 395 00:26:33,680 --> 00:26:37,199 Speaker 1: Well, it technically should be called Independence Day, But just 396 00:26:37,400 --> 00:26:43,159 Speaker 1: fyi and Michael, that is on July fourth? Well is 397 00:26:43,200 --> 00:26:46,000 Speaker 1: that this year? Will it be on. 398 00:26:47,640 --> 00:26:53,720 Speaker 2: Seven four twenty six or four seven twenty six? See, 399 00:26:53,720 --> 00:26:58,480 Speaker 2: I'm confused about that too. Do you understand the difference? 400 00:26:58,520 --> 00:26:58,840 Speaker 3: Dragon? 401 00:27:01,600 --> 00:27:04,560 Speaker 4: Well, we write the calendar is the American way, the 402 00:27:04,640 --> 00:27:05,280 Speaker 4: American way. 403 00:27:05,359 --> 00:27:07,520 Speaker 1: My god, we do it the American way. 404 00:27:07,960 --> 00:27:13,840 Speaker 2: It'll be seven and I'm getting tired of having to 405 00:27:13,920 --> 00:27:17,560 Speaker 2: play the SMOT machines when I'm filling out some form 406 00:27:17,600 --> 00:27:19,919 Speaker 2: online and I have to spend the dial to get 407 00:27:19,960 --> 00:27:20,840 Speaker 2: to my birth year. 408 00:27:21,640 --> 00:27:22,520 Speaker 1: I'm sick of that. 409 00:27:22,600 --> 00:27:24,440 Speaker 4: Well, when you're one hundred and thirteen, that makes sense. 410 00:27:24,600 --> 00:27:27,520 Speaker 2: Well, you know what, they could at least start backwards 411 00:27:27,560 --> 00:27:31,399 Speaker 2: and make you know, start at nineteen hundred, so I 412 00:27:31,400 --> 00:27:33,359 Speaker 2: don't have to go as far as if we can 413 00:27:33,400 --> 00:27:34,640 Speaker 2: start at twenty twenty six. 414 00:27:37,400 --> 00:27:38,159 Speaker 1: All right, here we go. 415 00:27:40,640 --> 00:27:44,120 Speaker 2: Just by not taxing our residents harder than ninety percent 416 00:27:44,160 --> 00:27:47,439 Speaker 2: of the rest of the country, we could move up 417 00:27:47,480 --> 00:27:51,560 Speaker 2: six spots in affordability when it comes to taxes. So 418 00:27:51,680 --> 00:27:54,440 Speaker 2: now let's put all this together, and where do we land. 419 00:27:55,000 --> 00:27:59,479 Speaker 2: The Common Sense Institute estimates that Colorado households would need 420 00:27:59,520 --> 00:28:02,320 Speaker 2: to earn a b out twenty five hundred dollars more 421 00:28:02,400 --> 00:28:06,159 Speaker 2: per month than they actually earned last year just to 422 00:28:06,280 --> 00:28:09,359 Speaker 2: have the same purchasing power that you had in twenty nineteen, 423 00:28:10,160 --> 00:28:13,080 Speaker 2: not to get ahead, not to build savings, just to 424 00:28:13,119 --> 00:28:16,879 Speaker 2: get back to even and income in Colorado rose thirty 425 00:28:16,920 --> 00:28:20,680 Speaker 2: five point eight percent between twenty twenty nineteen twenty twenty 426 00:28:20,720 --> 00:28:23,920 Speaker 2: five thirty five point eight percent. Holy cow, that sounds 427 00:28:23,920 --> 00:28:31,000 Speaker 2: impressive until you learn the expenses rose thirty seven percent. Now, no, 428 00:28:31,040 --> 00:28:33,560 Speaker 2: I'm not very good at math, but I think thirty 429 00:28:33,560 --> 00:28:36,520 Speaker 2: seven percent is higher than thirty five point eight percent. 430 00:28:38,120 --> 00:28:41,800 Speaker 2: So the treadmill is moving faster than you did. The 431 00:28:41,840 --> 00:28:44,760 Speaker 2: Common Sense Institute closes with the line that I think 432 00:28:44,880 --> 00:28:47,640 Speaker 2: every Colorado family ought a tape to their refrigerator. 433 00:28:47,960 --> 00:28:48,520 Speaker 1: Quote. 434 00:28:48,640 --> 00:28:51,920 Speaker 2: The inflation spike of a few years ago may be over, 435 00:28:52,400 --> 00:28:57,120 Speaker 2: but the affordability crisis it created is not. The inflation 436 00:28:57,280 --> 00:29:00,920 Speaker 2: hangover is real, and families are still paying for it. 437 00:29:01,360 --> 00:29:04,680 Speaker 2: And here in Colorado we are paying more than most. 438 00:29:04,960 --> 00:29:08,040 Speaker 2: We have the ninth least affordable state in the entire country. 439 00:29:08,600 --> 00:29:11,800 Speaker 2: Housing's up forty percent, car insurance up fifty two percent, 440 00:29:11,880 --> 00:29:15,000 Speaker 2: childcare up fifty six percent, a tax burden in the 441 00:29:15,040 --> 00:29:19,040 Speaker 2: top ten nationally at number nine, and a pollit bureau, 442 00:29:19,160 --> 00:29:23,000 Speaker 2: a legislature in Denver that keeps finding new ways to 443 00:29:23,240 --> 00:29:26,880 Speaker 2: add to that tax burden while telling you we're here 444 00:29:26,920 --> 00:29:31,040 Speaker 2: to help. So the next time somebody tells you the 445 00:29:31,080 --> 00:29:34,840 Speaker 2: economy is fine, ask them what they paid for car 446 00:29:34,880 --> 00:29:38,520 Speaker 2: insurance this year. Ask them what their childcare bill looks 447 00:29:38,600 --> 00:29:41,920 Speaker 2: like every month. Ask them what their rent or mortgage 448 00:29:41,960 --> 00:29:46,280 Speaker 2: costs compared to five years ago. Then send them to 449 00:29:46,320 --> 00:29:50,680 Speaker 2: this podcast, send them to this story, send them to 450 00:29:50,720 --> 00:29:55,440 Speaker 2: the Common Sense Institute, Tell them about the hangover, and 451 00:29:55,600 --> 00:29:59,480 Speaker 2: tell them that calros version is one of the worst 452 00:29:59,600 --> 00:30:04,520 Speaker 2: in the en entire country. Now, I think, dragon, did 453 00:30:04,520 --> 00:30:05,880 Speaker 2: you find some of the charts to put up on? 454 00:30:05,960 --> 00:30:08,600 Speaker 2: Michael sayscleier dot com. Sure did, Well, look at that. 455 00:30:08,800 --> 00:30:11,480 Speaker 2: Look at that that boy back there with that fifteen 456 00:30:11,560 --> 00:30:13,680 Speaker 2: thousand dollars arrays he got. 457 00:30:14,120 --> 00:30:15,880 Speaker 4: I didn't say I put it at Michael says, go 458 00:30:15,920 --> 00:30:17,560 Speaker 4: here dot com yet, but I found it. 459 00:30:17,720 --> 00:30:19,080 Speaker 1: Oh okay, Well you're. 460 00:30:19,400 --> 00:30:24,880 Speaker 2: You're halfway there, which is more, Which is more than 461 00:30:24,880 --> 00:30:27,400 Speaker 2: I can save you. This state, this state is halfway 462 00:30:28,120 --> 00:30:32,840 Speaker 2: spending itself into oblivion. I don't want to go too 463 00:30:32,920 --> 00:30:34,600 Speaker 2: far into this yet because I want to save it 464 00:30:34,640 --> 00:30:38,160 Speaker 2: for the next hour. But I want in the next hour, 465 00:30:38,200 --> 00:30:42,640 Speaker 2: I'm going to try something a little different. Can I 466 00:30:42,840 --> 00:30:46,320 Speaker 2: just do what if your trial law if if if 467 00:30:46,360 --> 00:30:48,520 Speaker 2: you've ever had a case with Dan Cave, if Dan 468 00:30:48,600 --> 00:30:53,560 Speaker 2: Kaplas has ever represented you, Dan does something as any 469 00:30:53,880 --> 00:30:56,440 Speaker 2: good lawyer would do, but Dan does it very very well. 470 00:30:57,560 --> 00:31:03,600 Speaker 2: It's called impeachment by prior inconsistent statement. So here's what 471 00:31:03,600 --> 00:31:05,400 Speaker 2: we're going to do in the next hour. We're going 472 00:31:05,480 --> 00:31:09,880 Speaker 2: to take Jared Polis at his word, his exact posted 473 00:31:09,880 --> 00:31:13,280 Speaker 2: words on x formerly Twitter, and then we're going to 474 00:31:13,360 --> 00:31:16,080 Speaker 2: hold those words up against the data, not my data, 475 00:31:16,800 --> 00:31:20,600 Speaker 2: not Republican Party data, but the data from the Common 476 00:31:20,640 --> 00:31:25,400 Speaker 2: Sense Institute. Now, just so you remember, the Common Sense 477 00:31:25,440 --> 00:31:30,120 Speaker 2: Institute is a nonpartisan Colorado research organization that I just 478 00:31:30,160 --> 00:31:34,640 Speaker 2: went through there now released comprehensive state by state affordability study. 479 00:31:34,800 --> 00:31:36,280 Speaker 2: Oh I could have gone on the other states, but 480 00:31:36,280 --> 00:31:38,320 Speaker 2: I don't care about the other states. I care about Colorado. 481 00:31:38,440 --> 00:31:38,600 Speaker 1: Oh. 482 00:31:38,600 --> 00:31:40,600 Speaker 2: I took a look at the new may Go too. 483 00:31:41,120 --> 00:31:42,960 Speaker 2: And we're going to let the numbers do the cross 484 00:31:42,960 --> 00:31:47,840 Speaker 2: examination for us. Because our governor has been very busy 485 00:31:47,880 --> 00:31:51,280 Speaker 2: on social media assuring Colorado is that he is on 486 00:31:51,440 --> 00:31:52,080 Speaker 2: the case. 487 00:31:53,080 --> 00:31:54,760 Speaker 1: So you know what we're going to do. We're going 488 00:31:54,800 --> 00:31:55,840 Speaker 1: to examine that case