1 00:00:01,240 --> 00:00:06,720 Speaker 1: Night Side with Dan Ray. I'm Boston's News radio. 2 00:00:07,640 --> 00:00:11,240 Speaker 2: Where we have our guest our scheduled guests for this hour, 3 00:00:11,360 --> 00:00:14,880 Speaker 2: albeit a little bit late. I'm Dan Voroni, founder of 4 00:00:14,920 --> 00:00:15,800 Speaker 2: Potomac Care. 5 00:00:16,720 --> 00:00:18,120 Speaker 3: I'm happy to be with you. 6 00:00:18,440 --> 00:00:21,000 Speaker 4: Tell us a little bit. I had you on the 7 00:00:21,040 --> 00:00:21,560 Speaker 4: show with me. 8 00:00:21,640 --> 00:00:23,960 Speaker 2: I think it was on February eleventh, and we were 9 00:00:23,960 --> 00:00:28,360 Speaker 2: talking about the US economy that has, of course been 10 00:00:28,400 --> 00:00:34,159 Speaker 2: a major issue. Democrats have been emphasizing the affordability issue 11 00:00:34,200 --> 00:00:40,240 Speaker 2: that people are finding their grocery store shopping more expensive. 12 00:00:40,440 --> 00:00:44,519 Speaker 2: The gas prices. Even though they've dropped down, they still 13 00:00:44,800 --> 00:00:47,199 Speaker 2: feel that there are many items out there that are 14 00:00:47,800 --> 00:00:50,600 Speaker 2: more expensive. Tell us a little bit about your company, 15 00:00:50,640 --> 00:00:53,680 Speaker 2: and also about the book that we talked about, and 16 00:00:53,720 --> 00:00:55,760 Speaker 2: we'll come back to that. But you're the founder of 17 00:00:55,800 --> 00:00:58,640 Speaker 2: a company called Potomac Care. What does Potomac Care do? 18 00:00:59,480 --> 00:01:03,520 Speaker 2: And you not an economist, but you describe yourself as 19 00:01:03,560 --> 00:01:04,840 Speaker 2: a financial. 20 00:01:04,440 --> 00:01:08,720 Speaker 3: Advisor, economic strategist, economic strategy. 21 00:01:08,360 --> 00:01:12,040 Speaker 4: Strategists, Okay, for companies, for companies. 22 00:01:12,800 --> 00:01:16,640 Speaker 3: No, actually tell you what My company is called Potomac 23 00:01:16,720 --> 00:01:22,440 Speaker 3: Core Consulting. We do market research and strategy work for 24 00:01:22,920 --> 00:01:25,760 Speaker 3: trade associations here in the Greater Washington, DC area and 25 00:01:25,800 --> 00:01:30,680 Speaker 3: around the country. In addition, I'm an author and I 26 00:01:30,760 --> 00:01:35,720 Speaker 3: do economic strategy in economic analysis on the basis of 27 00:01:37,160 --> 00:01:39,240 Speaker 3: the work that I do as an author. 28 00:01:39,640 --> 00:01:43,520 Speaker 2: Okay, and we will talk later on about the book. 29 00:01:43,600 --> 00:01:46,959 Speaker 2: So let's let's let's let's start again. As I say, 30 00:01:47,040 --> 00:01:48,400 Speaker 2: a little bit late here, so I want to try 31 00:01:48,400 --> 00:01:50,240 Speaker 2: to catch up and if people want to participate in 32 00:01:50,280 --> 00:01:55,640 Speaker 2: the conversation. The President is telling us that we're in 33 00:01:55,720 --> 00:01:59,200 Speaker 2: America's golden age and that the economy has never been better, 34 00:01:59,520 --> 00:02:02,600 Speaker 2: But all the poll seems to suggest that people are 35 00:02:02,600 --> 00:02:06,640 Speaker 2: not happy with the economy. Now, I know that people's 36 00:02:06,760 --> 00:02:10,160 Speaker 2: thoughts about the economy are a little viewed by from 37 00:02:10,200 --> 00:02:16,240 Speaker 2: which political party they may be beginning from. But how 38 00:02:16,280 --> 00:02:19,320 Speaker 2: do where do you see this economy over the past year? 39 00:02:19,400 --> 00:02:22,440 Speaker 2: What are the pluses and what are the minuses that 40 00:02:22,919 --> 00:02:26,440 Speaker 2: you've seen develop over the last year since the since 41 00:02:26,480 --> 00:02:30,040 Speaker 2: President Trump was reinaugurated in twenty twenty five. 42 00:02:31,000 --> 00:02:35,320 Speaker 3: Well, essentially, what I saw is I saw the Republican 43 00:02:35,360 --> 00:02:39,320 Speaker 3: majorities in the House and Senate come together to pass 44 00:02:40,120 --> 00:02:45,399 Speaker 3: the Big Beautiful Bill legislation, and that is the centerpiece 45 00:02:45,560 --> 00:02:52,520 Speaker 3: of the Trump economic policy. And within that policy, there 46 00:02:52,560 --> 00:02:57,640 Speaker 3: are tax cuts. The tax cuts are intended to put 47 00:02:57,680 --> 00:03:01,280 Speaker 3: money in people's pockets and to drive wage growth and 48 00:03:01,440 --> 00:03:04,560 Speaker 3: job growth. Let meew examples of what I mean. So 49 00:03:04,760 --> 00:03:10,760 Speaker 3: from a wage growth wage growth, it's up at four percent. 50 00:03:11,960 --> 00:03:15,640 Speaker 3: What's good about that is that we've got inflation down 51 00:03:15,680 --> 00:03:19,079 Speaker 3: to about two point four percent. So when people getting 52 00:03:19,080 --> 00:03:23,800 Speaker 3: pay increases, pay increases are exceeding inflation, which is a 53 00:03:23,800 --> 00:03:28,480 Speaker 3: big win over the last year. The second win is 54 00:03:28,520 --> 00:03:31,040 Speaker 3: starting this year as a result of the Big Beautiful Bill. 55 00:03:31,880 --> 00:03:37,520 Speaker 3: The withholding rates are on taxes on federal taxes are 56 00:03:37,560 --> 00:03:40,800 Speaker 3: lower than they were a year ago. So that means 57 00:03:40,840 --> 00:03:43,480 Speaker 3: that everyone should have noticed in their paychecks this year 58 00:03:44,120 --> 00:03:49,000 Speaker 3: that they're withholding amounts are lower and there's more take 59 00:03:49,080 --> 00:03:52,680 Speaker 3: on pay. The other thing that I'll share with you 60 00:03:53,840 --> 00:03:56,720 Speaker 3: is that as a result of the Big Beautiful Bill, 61 00:03:56,800 --> 00:04:00,280 Speaker 3: that there's no taxes on tips, no taxes on Social 62 00:04:00,320 --> 00:04:03,600 Speaker 3: Security up to a point, both up to a point. 63 00:04:04,400 --> 00:04:07,680 Speaker 3: But what they do is is they give people working 64 00:04:08,440 --> 00:04:10,920 Speaker 3: or working class folks the opportunity to keep more of 65 00:04:10,920 --> 00:04:13,360 Speaker 3: that money, uh and and to be able to spend 66 00:04:13,400 --> 00:04:16,840 Speaker 3: it on food and rent and transportation, which I think 67 00:04:16,920 --> 00:04:17,640 Speaker 3: is very good news. 68 00:04:18,279 --> 00:04:18,359 Speaker 5: UH. 69 00:04:18,480 --> 00:04:22,840 Speaker 3: In addition to that, on the job creation side, UH, 70 00:04:23,120 --> 00:04:26,560 Speaker 3: as part of this big beautiful bill, UH, small small 71 00:04:26,600 --> 00:04:30,880 Speaker 3: businesses specific specifically have got the ability to write off 72 00:04:31,200 --> 00:04:36,159 Speaker 3: one hundred percent in the first year purchases of new 73 00:04:36,200 --> 00:04:41,760 Speaker 3: plants or build new plants and new equipment has association 74 00:04:43,000 --> 00:04:46,200 Speaker 3: absolutely and and it's got to stimulate the effect. UH. 75 00:04:46,400 --> 00:04:52,720 Speaker 3: We're seeing it come together. UH. The capital investments are 76 00:04:52,839 --> 00:04:55,839 Speaker 3: up year over year. That's the big win. And why 77 00:04:55,880 --> 00:04:59,120 Speaker 3: that's the big win is typically in the months following 78 00:04:59,560 --> 00:05:04,960 Speaker 3: UH capital investments, there is hiring. We're starting to see 79 00:05:04,960 --> 00:05:07,840 Speaker 3: that hiring. The January jobs numbers saw one hundred and 80 00:05:07,839 --> 00:05:12,039 Speaker 3: thirty thousand new jobs. We've also seen the creation of 81 00:05:12,040 --> 00:05:15,360 Speaker 3: one hundred and seventy thousand private sector jobs. A number 82 00:05:15,360 --> 00:05:20,480 Speaker 3: of those private sector jobs or small business jobs. So 83 00:05:20,520 --> 00:05:23,320 Speaker 3: I think what I'm sharing with you is that we've 84 00:05:23,360 --> 00:05:28,400 Speaker 3: had quite a bit of good news. And when people 85 00:05:28,440 --> 00:05:31,680 Speaker 3: ask me what I think the balance of the year 86 00:05:31,720 --> 00:05:36,680 Speaker 3: looks like economically, I think that inflation will come down further. 87 00:05:37,240 --> 00:05:40,040 Speaker 3: I think prices will not only stabilize as I think 88 00:05:40,040 --> 00:05:42,960 Speaker 3: they will come down that will be more likely mid 89 00:05:43,040 --> 00:05:46,919 Speaker 3: to late this year. I think hiring is going to 90 00:05:46,960 --> 00:05:51,800 Speaker 3: continue to increase. I think business investment will increase, which 91 00:05:51,839 --> 00:05:54,960 Speaker 3: will cause more hiring. And I think that we're looking 92 00:05:55,600 --> 00:05:59,320 Speaker 3: likely at annual growth in our economy of four percent 93 00:05:59,760 --> 00:06:01,720 Speaker 3: as we get to the end of this year. I 94 00:06:01,760 --> 00:06:04,280 Speaker 3: feel very bullish on the economy. 95 00:06:05,120 --> 00:06:08,800 Speaker 4: Okay, now, the criticism is that the stock market has 96 00:06:08,839 --> 00:06:09,920 Speaker 4: done well. It didn't do. 97 00:06:09,920 --> 00:06:14,080 Speaker 2: Well today, but overall it's been trending upward. And many 98 00:06:14,120 --> 00:06:17,880 Speaker 2: people will say, look, people who are highly invested in 99 00:06:17,920 --> 00:06:21,080 Speaker 2: the stock market, and really anybody who has a pension 100 00:06:21,160 --> 00:06:23,120 Speaker 2: or is for a one K or anything like that 101 00:06:23,320 --> 00:06:26,040 Speaker 2: is whether they realize they're not invested in the stock market. 102 00:06:27,080 --> 00:06:30,599 Speaker 2: But they're saying that maybe Wall Street's doing well, but 103 00:06:30,800 --> 00:06:34,039 Speaker 2: the argument is that people on Main Street aren't doing well. 104 00:06:34,960 --> 00:06:37,800 Speaker 2: Do you accept that argument or is it that the 105 00:06:38,560 --> 00:06:43,000 Speaker 2: main street economy is a trailing is not a leading indicator, 106 00:06:43,040 --> 00:06:44,280 Speaker 2: it's a trailing indicator. 107 00:06:46,400 --> 00:06:50,400 Speaker 3: Here's what I would offer that for those in the 108 00:06:50,440 --> 00:06:54,880 Speaker 3: workforce that or are what I call early career, you're 109 00:06:54,880 --> 00:06:56,840 Speaker 3: invested in the stock market as a result of you're 110 00:06:57,400 --> 00:07:00,520 Speaker 3: for a one K, if you're a middle career professional, 111 00:07:00,920 --> 00:07:03,160 Speaker 3: you're in the stock market because if you're for one K, 112 00:07:03,760 --> 00:07:06,919 Speaker 3: and if you're a late career professional. You're preparing for 113 00:07:06,960 --> 00:07:09,120 Speaker 3: your retirement as a result of your for one K. 114 00:07:09,800 --> 00:07:13,560 Speaker 3: I think that there's quite a bit of participation in 115 00:07:13,640 --> 00:07:18,240 Speaker 3: for one K plans, and I think, unbeknownst to the people, 116 00:07:18,280 --> 00:07:20,720 Speaker 3: I agree with you, more people are invest in the 117 00:07:20,760 --> 00:07:22,560 Speaker 3: stock market than they realize. 118 00:07:23,880 --> 00:07:27,880 Speaker 4: My guess is Dan Vorone. He's the founder of Potomac Core. 119 00:07:28,240 --> 00:07:29,480 Speaker 4: That's the correct title. 120 00:07:29,840 --> 00:07:34,800 Speaker 2: If I missed that before, I apologize, he's an economic strategist. 121 00:07:36,640 --> 00:07:41,840 Speaker 2: As an economic strategist, do you see companies private companies? 122 00:07:42,200 --> 00:07:45,120 Speaker 2: Donald Trump made a point the other night in the 123 00:07:46,880 --> 00:07:51,080 Speaker 2: in the State of the Union that they have actually 124 00:07:52,080 --> 00:07:56,080 Speaker 2: laid off more people in the federal government than they've hired, 125 00:07:56,560 --> 00:07:59,240 Speaker 2: so in for the first time in a long time, 126 00:07:59,320 --> 00:08:03,800 Speaker 2: hiring in the government is flat. At what point do 127 00:08:03,880 --> 00:08:07,440 Speaker 2: you think the hiring is going to bump up? I mean, 128 00:08:08,240 --> 00:08:12,440 Speaker 2: one hundred and thirty thousand jobs per month is not 129 00:08:12,560 --> 00:08:15,680 Speaker 2: a bad number, but it's not a blow your socks 130 00:08:15,680 --> 00:08:21,160 Speaker 2: off number either. When do you think we are going 131 00:08:21,240 --> 00:08:28,440 Speaker 2: to see hiring step up to accommodate all this new 132 00:08:28,480 --> 00:08:30,520 Speaker 2: economic activity that you're foreseeing. 133 00:08:32,400 --> 00:08:37,160 Speaker 3: You know, I have an important historical parallel. I went 134 00:08:37,280 --> 00:08:40,440 Speaker 3: and I looked back at nineteen eighty one with the 135 00:08:40,480 --> 00:08:44,800 Speaker 3: Reagan tax cuts. He signed his legislation in July of 136 00:08:44,880 --> 00:08:49,080 Speaker 3: nineteen eighty one. His tax cuts didn't go into effect 137 00:08:49,200 --> 00:08:53,320 Speaker 3: until some in nineteen eighty two Summon, not until nineteen 138 00:08:53,320 --> 00:08:58,000 Speaker 3: eighty three. The economy started to improve eighteen to twenty 139 00:08:58,040 --> 00:09:02,960 Speaker 3: four months. The good news is that President Trump signed 140 00:09:03,240 --> 00:09:06,600 Speaker 3: his tax legislation in July of last year July of 141 00:09:06,640 --> 00:09:10,760 Speaker 3: twenty twenty five, and a lot of tax cuts were 142 00:09:10,800 --> 00:09:17,640 Speaker 3: retroactive to January of last year. I believe as we 143 00:09:17,720 --> 00:09:20,439 Speaker 3: get to the middle of this year through the end 144 00:09:20,440 --> 00:09:23,280 Speaker 3: of this year, I think we're going to see substantial 145 00:09:24,000 --> 00:09:24,960 Speaker 3: ramp up and hiring. 146 00:09:26,200 --> 00:09:30,280 Speaker 2: My guest is Dan Baroni. He's the founder of Potomac Core. 147 00:09:31,600 --> 00:09:35,599 Speaker 2: He's an economic strategist for trade associations. 148 00:09:35,960 --> 00:09:37,000 Speaker 4: He knows a. 149 00:09:36,960 --> 00:09:40,520 Speaker 2: Lot about the economy and if you have questions, if 150 00:09:40,559 --> 00:09:44,400 Speaker 2: you're not feeling good about the economy, feel free to 151 00:09:44,760 --> 00:09:50,000 Speaker 2: call and ask questions. There are certain items that people 152 00:09:50,080 --> 00:09:55,800 Speaker 2: buy right now. For example, coffee and chocolate are two 153 00:09:55,920 --> 00:10:00,440 Speaker 2: very expensive products. Those costs have not come down, and 154 00:10:00,480 --> 00:10:06,600 Speaker 2: there's someone who likes chocolate and likes coffee. There are factors, 155 00:10:06,920 --> 00:10:13,959 Speaker 2: There are factors there there, but but important things that 156 00:10:14,160 --> 00:10:17,640 Speaker 2: have come down. The most important, uh price that I 157 00:10:17,679 --> 00:10:21,199 Speaker 2: have seen dropping is the price of gasoline. And if 158 00:10:21,200 --> 00:10:25,000 Speaker 2: it continues to drop, that only is is going to 159 00:10:25,040 --> 00:10:28,199 Speaker 2: be good for the in my opinion, good for the economy. Dan, 160 00:10:28,280 --> 00:10:29,800 Speaker 2: I want to take a quick break here. We do 161 00:10:29,920 --> 00:10:31,959 Speaker 2: newscast at the bottom of the hour and maybe get 162 00:10:32,000 --> 00:10:33,360 Speaker 2: some phone calls on the other side. 163 00:10:33,360 --> 00:10:37,400 Speaker 4: See if people want to call and talk about bear experience. 164 00:10:37,040 --> 00:10:40,960 Speaker 2: And maybe you can do some economic strategy for them, 165 00:10:41,320 --> 00:10:44,280 Speaker 2: uh And, and we can talk with them about how 166 00:10:44,880 --> 00:10:52,040 Speaker 2: there beer economy can be can be improved. If obviously, 167 00:10:52,120 --> 00:10:56,120 Speaker 2: if the economy does not improve, it's going to be 168 00:10:56,160 --> 00:10:59,320 Speaker 2: a tough November for Republicans and it will be a 169 00:10:59,360 --> 00:11:03,000 Speaker 2: tough final two years for President Trump. If, on the 170 00:11:03,040 --> 00:11:07,600 Speaker 2: other hand, the economy does improve and the Republicans benefit 171 00:11:07,640 --> 00:11:12,560 Speaker 2: from that, it could be it could turn Donald Trump 172 00:11:12,640 --> 00:11:15,080 Speaker 2: into a much more significant president. 173 00:11:16,280 --> 00:11:18,559 Speaker 4: It's as simple. 174 00:11:18,320 --> 00:11:21,040 Speaker 2: As that, uh And and I can't put it any 175 00:11:21,040 --> 00:11:23,280 Speaker 2: more simply. We'll take a break. My guess, Dan Varoni 176 00:11:23,800 --> 00:11:27,000 Speaker 2: six one seven, two five four thirty, six one seven 177 00:11:27,120 --> 00:11:30,000 Speaker 2: nine three thirty. My question to all of you is, 178 00:11:30,200 --> 00:11:33,440 Speaker 2: how's your economy doing? Do you feel bullish about the 179 00:11:33,480 --> 00:11:36,920 Speaker 2: economy or do you feel that you're being left behind? 180 00:11:37,679 --> 00:11:40,120 Speaker 2: Join us on conversation on night Side right after the 181 00:11:40,160 --> 00:11:41,280 Speaker 2: News at the bottom of the hour. 182 00:11:42,320 --> 00:11:47,160 Speaker 1: It's night Side with Dan Ray. Hey, Dan Boston's News Radio. 183 00:11:47,440 --> 00:11:51,480 Speaker 2: My guest is that Dan Veroni, Dan, let's let's look 184 00:11:51,480 --> 00:11:56,160 Speaker 2: into your crystal ball. You're suggesting that you've given me 185 00:11:56,240 --> 00:12:02,199 Speaker 2: some numbers that I'm sure President Trump would like. How 186 00:12:02,240 --> 00:12:06,000 Speaker 2: confident are you that we are on the right track 187 00:12:06,120 --> 00:12:08,440 Speaker 2: and we're going in the right direction. I mean, listening 188 00:12:08,480 --> 00:12:10,640 Speaker 2: to Donald Trump the other night, do you think it was all, 189 00:12:11,200 --> 00:12:14,920 Speaker 2: you know, strawberries and cream. But there are people who 190 00:12:14,960 --> 00:12:18,599 Speaker 2: are who are struggling. There'll always be people who are struggling, 191 00:12:19,080 --> 00:12:21,160 Speaker 2: and the point is to bring as many of those 192 00:12:21,200 --> 00:12:26,560 Speaker 2: people along as possible. Will this be, in your opinion, 193 00:12:27,000 --> 00:12:30,800 Speaker 2: a recovery that will continue and will really help a 194 00:12:30,960 --> 00:12:34,600 Speaker 2: lot of people, both, you know, people who are at 195 00:12:34,640 --> 00:12:38,319 Speaker 2: the higher end of the economic strata, but also folks 196 00:12:38,400 --> 00:12:40,360 Speaker 2: in the middle and folks even at the lower end 197 00:12:40,400 --> 00:12:42,800 Speaker 2: of the economic strata. 198 00:12:42,920 --> 00:12:45,840 Speaker 3: So I think it's going to be a rise and 199 00:12:45,880 --> 00:12:49,360 Speaker 3: tide that lifts the boat's economy. I feel very good 200 00:12:49,400 --> 00:12:53,839 Speaker 3: about bringing the people at the bottom up and bringing 201 00:12:53,840 --> 00:12:56,440 Speaker 3: the people at the middle up. And I feel very 202 00:12:56,440 --> 00:12:58,640 Speaker 3: good about it on the basis of the investments being 203 00:12:58,640 --> 00:13:03,840 Speaker 3: made and those investments are being driven by these tax cuts. 204 00:13:04,880 --> 00:13:07,439 Speaker 3: What I will tell you is is that small business 205 00:13:07,440 --> 00:13:10,199 Speaker 3: comprises ninety nine point nine percent of the companies in 206 00:13:10,240 --> 00:13:13,600 Speaker 3: the US. Two of three new jobs created or created 207 00:13:13,600 --> 00:13:18,679 Speaker 3: by small business. And when small business has the ability 208 00:13:18,720 --> 00:13:20,600 Speaker 3: to invest, as they do as a result of these 209 00:13:20,600 --> 00:13:23,559 Speaker 3: tax cuts, be able to make investments, they are making 210 00:13:23,600 --> 00:13:27,400 Speaker 3: investments and they will bring on more workers. As they 211 00:13:27,440 --> 00:13:33,240 Speaker 3: bring on more workers, hiring across the board will improve. Secondly, 212 00:13:33,679 --> 00:13:34,800 Speaker 3: where do we stand. 213 00:13:34,600 --> 00:13:38,880 Speaker 4: On building manufacturing plants. 214 00:13:38,880 --> 00:13:43,440 Speaker 2: I mean, a big part of the President's proposals are 215 00:13:43,440 --> 00:13:47,400 Speaker 2: to bring American jobs in American manufacturing back from overseas. 216 00:13:47,440 --> 00:13:50,120 Speaker 4: That's part of his tariff strategy. As I'm sure you 217 00:13:50,160 --> 00:13:51,080 Speaker 4: would agree. 218 00:13:51,000 --> 00:13:55,240 Speaker 3: Yes, what I would say to you is that manufacturing 219 00:13:56,160 --> 00:13:58,679 Speaker 3: is nine percent of the US economy, and that is 220 00:13:59,480 --> 00:14:02,960 Speaker 3: dangerously low. From my perspective, I'd like to see it 221 00:14:03,320 --> 00:14:07,400 Speaker 3: get up to the fifteen percent plus range. Manufacturing jobs 222 00:14:07,440 --> 00:14:12,960 Speaker 3: pay better, and manufacturing jobs have a magnifier effect. They 223 00:14:13,040 --> 00:14:17,040 Speaker 3: create anywhere from one to three jobs in the service sector. 224 00:14:18,080 --> 00:14:23,720 Speaker 3: Manufacturing jobs have that magnify effect in local communities throughout 225 00:14:23,760 --> 00:14:28,320 Speaker 3: the country. So the text the the Big Beautiful Bill 226 00:14:28,400 --> 00:14:33,880 Speaker 3: has the impact of driving manufacturing growth, of bringing back 227 00:14:33,960 --> 00:14:40,080 Speaker 3: onshore manufacturing jobs. Part of the President's reciprocal tariff strategy, 228 00:14:40,960 --> 00:14:46,440 Speaker 3: he has secured some eighteen trillion dollars in commitments for investment. 229 00:14:46,920 --> 00:14:49,480 Speaker 3: I think those will take two to three years to 230 00:14:49,560 --> 00:14:54,000 Speaker 3: come online. Those investments will be an automotive, they'll be 231 00:14:54,000 --> 00:14:59,120 Speaker 3: in pharmaceutical, and they'll be in technology. And I believe 232 00:14:59,640 --> 00:15:02,440 Speaker 3: that for years from now, as the President is getting 233 00:15:02,440 --> 00:15:07,080 Speaker 3: ready to leave the White House, he will have stood 234 00:15:07,080 --> 00:15:10,480 Speaker 3: over or presided over an economy that clearly added more 235 00:15:10,520 --> 00:15:16,920 Speaker 3: manufacturing jobs back, had a strong impact on the low 236 00:15:17,200 --> 00:15:21,080 Speaker 3: and middle class, and brought the lower middle class up 237 00:15:21,080 --> 00:15:24,320 Speaker 3: to the middle class and the middle class up to 238 00:15:25,080 --> 00:15:28,360 Speaker 3: high middle class. I feel highly confident about that on 239 00:15:28,400 --> 00:15:31,840 Speaker 3: the basis of what I'm seeing already in terms of 240 00:15:31,840 --> 00:15:35,320 Speaker 3: the data, and Dan, I want to emphasize we're at 241 00:15:35,320 --> 00:15:38,680 Speaker 3: the start of the beginning here. You don't walk into 242 00:15:38,680 --> 00:15:43,040 Speaker 3: a situation where you had nine point one percent inflation, 243 00:15:43,680 --> 00:15:46,600 Speaker 3: where you had almost two years of no jobs created 244 00:15:47,080 --> 00:15:49,520 Speaker 3: and snapped your fingers and say it's going to happen today. 245 00:15:50,800 --> 00:15:55,120 Speaker 3: The same thing happened when Ronald Reagan became president. That's 246 00:15:55,120 --> 00:15:57,680 Speaker 3: why I looked at the historical parallel of eighteen to 247 00:15:57,680 --> 00:16:01,400 Speaker 3: twenty four months. I think we will be much further 248 00:16:01,440 --> 00:16:05,920 Speaker 3: along within a year from now, and we won't have 249 00:16:05,960 --> 00:16:08,560 Speaker 3: to wait eighteen to twenty four months. The good news 250 00:16:08,680 --> 00:16:13,240 Speaker 3: is we're on the path. We're moving down the right 251 00:16:13,280 --> 00:16:15,960 Speaker 3: pathway because we've got the right policies in place. 252 00:16:16,360 --> 00:16:19,760 Speaker 2: All right, well said, great summation. Let's go to the 253 00:16:19,760 --> 00:16:23,520 Speaker 2: phone calls, Janie and Melrose. Janis welcome. You are first 254 00:16:23,520 --> 00:16:27,720 Speaker 2: this hour, y'all with Dan Baroni, founder of Potomac Core, 255 00:16:28,560 --> 00:16:31,640 Speaker 2: and he's an economic strategist and he's pretty bullish. 256 00:16:31,720 --> 00:16:33,560 Speaker 4: On twenty twenty six. 257 00:16:34,040 --> 00:16:37,000 Speaker 6: Hi, Hi, I have a question. You said that the 258 00:16:37,080 --> 00:16:40,920 Speaker 6: withholding would change so the people would have more to 259 00:16:41,000 --> 00:16:44,000 Speaker 6: keep more of their paycheck. But I'm just curious, does 260 00:16:44,000 --> 00:16:47,400 Speaker 6: that mean the rate's actually lower or come a year 261 00:16:47,440 --> 00:16:50,200 Speaker 6: from now, people will just get smaller refunds when they're 262 00:16:50,240 --> 00:16:51,080 Speaker 6: expecting them. 263 00:16:52,920 --> 00:16:56,680 Speaker 3: So that's that's a great question. So the withholding rates 264 00:16:56,680 --> 00:17:01,440 Speaker 3: are lower, that will not impact your refund as a 265 00:17:01,520 --> 00:17:04,800 Speaker 3: matter of fact, it's separate from the refund, and when 266 00:17:04,840 --> 00:17:08,680 Speaker 3: you fire taxes this year, you should see anywhere from 267 00:17:08,720 --> 00:17:12,520 Speaker 3: one to two thousand dollars worth of a tax refund. 268 00:17:13,160 --> 00:17:17,480 Speaker 3: We learned late last week that our middle child, our daughter, 269 00:17:18,320 --> 00:17:22,359 Speaker 3: filed her taxes and she's getting a refund of two thousand, 270 00:17:22,440 --> 00:17:26,320 Speaker 3: nine hundred dollars, which far exceeded a prior your tax refund. 271 00:17:26,440 --> 00:17:30,119 Speaker 3: So you will see more take home pay as a 272 00:17:30,200 --> 00:17:34,600 Speaker 3: result of lower withholding rates, and you'll see a healthy 273 00:17:35,200 --> 00:17:36,280 Speaker 3: tax refund this year. 274 00:17:36,480 --> 00:17:39,080 Speaker 2: When did the lower rates go into effect? Did they 275 00:17:39,119 --> 00:17:41,520 Speaker 2: go into effect on January first? Or did they go 276 00:17:41,560 --> 00:17:44,280 Speaker 2: into effect at the time the bill was passed last summer? 277 00:17:45,320 --> 00:17:47,040 Speaker 3: Great question, January first. 278 00:17:47,400 --> 00:17:51,040 Speaker 2: Okay, So that means for two months now you should 279 00:17:51,040 --> 00:17:56,080 Speaker 2: see a little bit more in your paycheck if you 280 00:17:56,160 --> 00:18:01,640 Speaker 2: have a weekly or every other week hay check. And 281 00:18:01,680 --> 00:18:06,159 Speaker 2: then you'll also with those adjustment of rates retroactively for 282 00:18:06,680 --> 00:18:11,359 Speaker 2: twenty twenty five, you'll hopefully see a bigger refund. Do 283 00:18:11,400 --> 00:18:14,200 Speaker 2: you normally get a refund every tax year? 284 00:18:14,440 --> 00:18:15,080 Speaker 4: Janus or no? 285 00:18:15,680 --> 00:18:18,840 Speaker 6: Uh no, I'm that's made a taxes. I'm retired, so 286 00:18:18,920 --> 00:18:23,119 Speaker 6: I don't. I'm looking forward to the six thousand dollars 287 00:18:23,240 --> 00:18:26,800 Speaker 6: deductible this year. But I'm just curious because I've heard 288 00:18:26,840 --> 00:18:29,720 Speaker 6: a lot of people just listening to the radio who 289 00:18:29,880 --> 00:18:33,000 Speaker 6: say they're not getting bigger refunds this year, and I'm 290 00:18:33,040 --> 00:18:36,399 Speaker 6: just wondering they may be higher earners. I'm not sure, 291 00:18:36,480 --> 00:18:40,119 Speaker 6: but I'm just curious a lot of that could be. 292 00:18:40,240 --> 00:18:40,640 Speaker 4: Janis. 293 00:18:40,720 --> 00:18:44,560 Speaker 2: First of all, most people at this point have not 294 00:18:44,680 --> 00:18:48,800 Speaker 2: filed their taxes, and very few people have probably filed 295 00:18:48,800 --> 00:18:51,880 Speaker 2: their taxes and got their refund back. 296 00:18:52,800 --> 00:18:54,320 Speaker 4: You're let's take your case. 297 00:18:54,680 --> 00:18:59,560 Speaker 2: You are living on pension or social security or combination. 298 00:18:59,160 --> 00:19:02,439 Speaker 6: Of both, security plus investment. 299 00:19:02,320 --> 00:19:08,000 Speaker 2: Plus Okay, so you're what do you make in social security? 300 00:19:08,119 --> 00:19:10,800 Speaker 2: I mean you used to be taxed on that, I 301 00:19:10,840 --> 00:19:13,199 Speaker 2: think and if I'm wrong, Dan help me out. I 302 00:19:13,200 --> 00:19:16,320 Speaker 2: think that the first twenty five thousand dollars of your 303 00:19:16,359 --> 00:19:20,080 Speaker 2: social security is going to be tax free. 304 00:19:20,359 --> 00:19:21,560 Speaker 3: Correct. 305 00:19:21,960 --> 00:19:26,560 Speaker 6: The investment income would put me over so that. 306 00:19:27,080 --> 00:19:29,359 Speaker 4: Well, it'll bughts you over. But what I'm saying, how 307 00:19:29,440 --> 00:19:31,280 Speaker 4: much do you make in so security? Roughly? Just give 308 00:19:31,320 --> 00:19:31,920 Speaker 4: me a rough. 309 00:19:31,760 --> 00:19:37,439 Speaker 6: Figure, almost thirty thirty. 310 00:19:36,560 --> 00:19:41,280 Speaker 2: Thousand dollars, okay, and then your investments generate for you. 311 00:19:41,800 --> 00:19:44,560 Speaker 2: I mean you're a multimillionaire and you get ten million 312 00:19:44,600 --> 00:19:46,280 Speaker 2: dollars of investments, I suspect not. 313 00:19:46,560 --> 00:19:49,000 Speaker 4: What do you get on an averaging investments every year? 314 00:19:50,000 --> 00:19:52,359 Speaker 6: Well, the share was up okay, good? 315 00:19:52,560 --> 00:19:52,720 Speaker 7: Good? 316 00:19:52,720 --> 00:19:57,000 Speaker 6: How much I think I had twenty two thousand dividends? 317 00:19:57,119 --> 00:19:58,080 Speaker 4: Okay? Good? Okay? 318 00:19:58,440 --> 00:20:02,200 Speaker 6: And then capital gains I don't know, around six thousand. 319 00:20:02,560 --> 00:20:04,959 Speaker 6: So I am expecting that my income will be low 320 00:20:05,080 --> 00:20:07,000 Speaker 6: enough so I will get that that. 321 00:20:07,480 --> 00:20:10,840 Speaker 2: Yeah, I've got a total income Janis, of about sixty 322 00:20:10,880 --> 00:20:15,640 Speaker 2: thousand dollars, okay, and that twenty five thousand dollars off, 323 00:20:15,680 --> 00:20:20,240 Speaker 2: So security is going to drop your your taxable income substantially. 324 00:20:21,480 --> 00:20:22,320 Speaker 4: You're going to be happy. 325 00:20:22,400 --> 00:20:27,320 Speaker 6: Yeah, yeah, No, I'm just I'm just considering generally when 326 00:20:27,320 --> 00:20:30,480 Speaker 6: I hear people who have already. I haven't received my 327 00:20:30,680 --> 00:20:33,200 Speaker 6: brokers ten ninety nine yet, so I haven't filed. 328 00:20:33,600 --> 00:20:34,320 Speaker 4: Well, I know that. 329 00:20:34,880 --> 00:20:37,560 Speaker 2: But all I'm trying to say is that what I'm 330 00:20:37,600 --> 00:20:40,080 Speaker 2: trying to say to you, Janis is don't listen to 331 00:20:40,119 --> 00:20:44,760 Speaker 2: other people, okay, because everyone's different, but you It's helped 332 00:20:44,800 --> 00:20:45,200 Speaker 2: me out here. 333 00:20:45,280 --> 00:20:46,600 Speaker 4: Dan. I don't know if you're. 334 00:20:48,040 --> 00:20:51,240 Speaker 2: A CPA background, but I think based upon what Janie 335 00:20:51,240 --> 00:20:53,359 Speaker 2: has told us she's going to have a very happy 336 00:20:53,359 --> 00:20:55,560 Speaker 2: April fifteenth. 337 00:20:55,720 --> 00:20:57,360 Speaker 3: I think you are going to have a very happy 338 00:20:57,520 --> 00:20:59,359 Speaker 3: April fifteen, all right, and. 339 00:20:59,280 --> 00:21:00,200 Speaker 4: I want you to call me. 340 00:21:01,200 --> 00:21:04,359 Speaker 6: I'm not concerned in myself. I'm just trying to understand 341 00:21:04,760 --> 00:21:07,920 Speaker 6: the economy generally. And that's what I That's why I 342 00:21:07,960 --> 00:21:10,520 Speaker 6: was curious about the withholding changing. 343 00:21:10,720 --> 00:21:13,880 Speaker 2: Well, that's why that's why Dan Varroni's with us tonight. 344 00:21:13,960 --> 00:21:16,080 Speaker 2: Janis I got to run because they you, I gotta 345 00:21:16,080 --> 00:21:18,480 Speaker 2: take a quick break. But do me a favor when 346 00:21:18,480 --> 00:21:21,840 Speaker 2: you get your refund back this year. I really am 347 00:21:21,880 --> 00:21:24,000 Speaker 2: going to ask you to call me back and tell 348 00:21:24,000 --> 00:21:26,880 Speaker 2: me if you're a very happy person, because I think 349 00:21:26,920 --> 00:21:29,600 Speaker 2: you will be, and and I want to hear you 350 00:21:29,680 --> 00:21:30,000 Speaker 2: say that. 351 00:21:30,119 --> 00:21:34,280 Speaker 4: Okay, Okay, all thanks, good night. Back on night Side. 352 00:21:34,320 --> 00:21:36,919 Speaker 2: Right after this one line six one seven two four 353 00:21:37,040 --> 00:21:39,720 Speaker 2: ten thirty, I got a couple at six one seven nine. 354 00:21:42,080 --> 00:21:46,760 Speaker 1: It's night Side with Dan Ray Boston's news Radio. 355 00:21:47,680 --> 00:21:49,760 Speaker 2: All right, we got a lot of calls. Let's get 356 00:21:49,800 --> 00:21:51,720 Speaker 2: to as many of them as we can. Gonna go 357 00:21:51,720 --> 00:21:54,120 Speaker 2: to Michael and Canton. Michael, you're next on nights Side 358 00:21:54,119 --> 00:21:54,879 Speaker 2: with Dan Varoni. 359 00:21:54,920 --> 00:21:59,720 Speaker 8: Go right ahead, Michael, Hello, Dan, good do good to 360 00:21:59,760 --> 00:22:00,760 Speaker 8: see we've got. 361 00:22:00,640 --> 00:22:03,639 Speaker 4: Two dance here, Michael, go right ahead. What's your the 362 00:22:03,640 --> 00:22:04,040 Speaker 4: other day? 363 00:22:04,320 --> 00:22:07,080 Speaker 8: Dan may recognize, Dan may recognize me. I was actually 364 00:22:07,119 --> 00:22:11,520 Speaker 8: a contributor to his most recent book, and I and 365 00:22:11,560 --> 00:22:14,560 Speaker 8: in the manufacturing industry. It was very interested to hear 366 00:22:14,640 --> 00:22:17,399 Speaker 8: Dan's comments and just a I may have as I 367 00:22:17,480 --> 00:22:19,760 Speaker 8: was kind of converting to the phone call here you 368 00:22:20,320 --> 00:22:23,240 Speaker 8: I picked up on the tariff comment in the most 369 00:22:23,240 --> 00:22:27,680 Speaker 8: recent decision, Dan, do you expect any negative repercussion for 370 00:22:27,800 --> 00:22:29,000 Speaker 8: manufacturing the short term? 371 00:22:29,119 --> 00:22:30,360 Speaker 9: You think this will just blow over? 372 00:22:32,280 --> 00:22:36,520 Speaker 3: So, I think a great question. Uh, And and I 373 00:22:36,560 --> 00:22:43,359 Speaker 3: think that the President is going to utilize the tariff 374 00:22:43,480 --> 00:22:47,040 Speaker 3: situation to create as much leverage as he can and 375 00:22:47,119 --> 00:22:51,240 Speaker 3: negotiating UH trade deals with other countries. That's what I 376 00:22:51,240 --> 00:22:52,080 Speaker 3: think is going to happen. 377 00:22:52,880 --> 00:22:55,400 Speaker 2: I also think that if you read the Supreme Court decision, 378 00:22:56,000 --> 00:23:01,359 Speaker 2: the Court has basically sketched out for him policies in 379 00:23:01,440 --> 00:23:06,160 Speaker 2: the law that exist which are he could have utilized 380 00:23:06,840 --> 00:23:09,920 Speaker 2: and he can utilize going forward. I think the Supreme Court, 381 00:23:10,000 --> 00:23:12,119 Speaker 2: and I may be in the minority here, but I 382 00:23:12,119 --> 00:23:14,480 Speaker 2: think the majority of the Supreme Court actually did him 383 00:23:14,480 --> 00:23:16,240 Speaker 2: a favor with that decision. 384 00:23:18,320 --> 00:23:21,840 Speaker 9: We've actually seen both sides of the tariff equation. Being 385 00:23:21,880 --> 00:23:25,719 Speaker 9: in manufacturing, we've seen certain costs increase because of tooling 386 00:23:25,720 --> 00:23:28,639 Speaker 9: and materials that we import. However, we have seen some 387 00:23:28,720 --> 00:23:32,359 Speaker 9: work come back that we lost overseas five and ten 388 00:23:32,440 --> 00:23:35,120 Speaker 9: years ago. So for us, it's been in that positive. 389 00:23:35,160 --> 00:23:40,240 Speaker 9: And we we're a small manufacturer and we had some 390 00:23:40,640 --> 00:23:43,480 Speaker 9: down years. The end of twenty three and twenty four, 391 00:23:43,600 --> 00:23:47,400 Speaker 9: twenty five was an up year, and this year we 392 00:23:47,480 --> 00:23:50,919 Speaker 9: look to be up ten to twenty percent. And I 393 00:23:50,920 --> 00:23:53,720 Speaker 9: think that's in part due to some of the policies 394 00:23:53,720 --> 00:23:56,320 Speaker 9: and the big beautiful bill and the businesses come back 395 00:23:56,359 --> 00:23:57,000 Speaker 9: to our company. 396 00:23:57,240 --> 00:23:59,240 Speaker 2: Good for you, well, Michael, I appreciate you call like 397 00:23:59,280 --> 00:24:00,880 Speaker 2: a pack line, So I'm going to let you run. 398 00:24:00,920 --> 00:24:02,920 Speaker 2: Have you called my show before? Is this your first time? 399 00:24:04,960 --> 00:24:06,199 Speaker 9: No, it was my first time calling in. 400 00:24:06,240 --> 00:24:08,920 Speaker 8: But I'm gonna a listener and studio. 401 00:24:08,720 --> 00:24:09,200 Speaker 3: We used to you. 402 00:24:09,720 --> 00:24:11,440 Speaker 2: We got to give you a round of applause. Thanks 403 00:24:11,480 --> 00:24:12,360 Speaker 2: so much. Come on back. 404 00:24:12,720 --> 00:24:14,719 Speaker 4: I would appreciate hearing from you again. Thank you very much. 405 00:24:14,800 --> 00:24:17,320 Speaker 2: Let me go next to Lola in San Diego. Lola, 406 00:24:17,400 --> 00:24:19,200 Speaker 2: I got pack lines. I'm going to have to push 407 00:24:19,200 --> 00:24:21,680 Speaker 2: you a little bit tonight. Go right ahead, Dan Well, 408 00:24:21,760 --> 00:24:23,119 Speaker 2: Dan Veroni, go right ahead. 409 00:24:23,280 --> 00:24:27,280 Speaker 10: Yeah, Hi Dan both Dan's Hi. So we got robots 410 00:24:27,320 --> 00:24:30,879 Speaker 10: coming in to take all of the manufacturing. We have 411 00:24:31,440 --> 00:24:35,719 Speaker 10: stores in Watertown. We just lost. Not your average jos, 412 00:24:36,280 --> 00:24:40,919 Speaker 10: those that restaurant is closing one location after another. You 413 00:24:41,040 --> 00:24:44,080 Speaker 10: need to come to Main Street and look to talk 414 00:24:44,119 --> 00:24:47,840 Speaker 10: to people that are working. I have people I know 415 00:24:47,920 --> 00:24:52,960 Speaker 10: there's students graduating as naturopathic doctors with a minimum of 416 00:24:53,040 --> 00:24:57,680 Speaker 10: three thousand a month for student loan repay repay. They 417 00:24:57,720 --> 00:25:01,720 Speaker 10: can't even get a job. They're working as administrative assistants, 418 00:25:01,800 --> 00:25:05,960 Speaker 10: answering the phone and greeting me, and they're doctors. You guys, 419 00:25:06,320 --> 00:25:08,720 Speaker 10: you got to get boots on the ground and come 420 00:25:08,840 --> 00:25:10,320 Speaker 10: see what's really going on. 421 00:25:11,640 --> 00:25:15,439 Speaker 2: Well, Lola, the point, the point, Lola, The point is 422 00:25:15,440 --> 00:25:18,159 Speaker 2: that the economy does not turn around overnight. 423 00:25:18,240 --> 00:25:20,640 Speaker 4: It's like a big ship. It's like a Queen Elizabeth. 424 00:25:20,200 --> 00:25:23,159 Speaker 2: Is that And we're still dealing with the problems of 425 00:25:23,240 --> 00:25:27,159 Speaker 2: the Biden administration for four years when when inflation was 426 00:25:28,240 --> 00:25:32,080 Speaker 2: over nine percent, it's now down to two point four percent. 427 00:25:32,240 --> 00:25:34,120 Speaker 4: It's going in the right direction of fake. 428 00:25:34,800 --> 00:25:36,280 Speaker 10: I feel those are fake numbers. 429 00:25:36,280 --> 00:25:39,360 Speaker 4: To take okay, all right, let me let me see it, Dan. 430 00:25:40,160 --> 00:25:43,200 Speaker 4: Let's see it, Dan, Maroney. You and I can argue, Lola, 431 00:25:43,280 --> 00:25:45,960 Speaker 4: but let's see Dan. Are those fake numbers? 432 00:25:46,720 --> 00:25:51,440 Speaker 3: No, they're not fake numbers. Those numbers are kept maintained 433 00:25:51,480 --> 00:25:55,480 Speaker 3: and tabulated by the Bureau of Labor Statistics. 434 00:25:55,960 --> 00:26:00,000 Speaker 10: The Bureau of Labor Statistics run by the United States government. 435 00:26:00,040 --> 00:26:04,960 Speaker 10: It is ah, well, the way the d o J 436 00:26:05,240 --> 00:26:08,800 Speaker 10: is handling things, I don't believe anything that's coming by 437 00:26:08,920 --> 00:26:09,480 Speaker 10: my nose. 438 00:26:09,760 --> 00:26:11,639 Speaker 4: Okay, well, Lola, do me a favor. 439 00:26:12,000 --> 00:26:15,440 Speaker 10: Uh not yet, not still, this gets exploded. 440 00:26:16,080 --> 00:26:20,360 Speaker 2: Do me a favor when when the whole thing blows 441 00:26:20,480 --> 00:26:23,359 Speaker 2: up and all of a sudden, you're right. I want 442 00:26:23,400 --> 00:26:25,960 Speaker 2: you to call back and take a victory laugh. If 443 00:26:26,280 --> 00:26:31,000 Speaker 2: it's Dan from now, if six months from now the 444 00:26:31,080 --> 00:26:34,399 Speaker 2: economy has gone in a direction that you like, I 445 00:26:34,440 --> 00:26:35,520 Speaker 2: want you to call me back and. 446 00:26:35,560 --> 00:26:38,080 Speaker 4: Say, Dan, call you. I know you will. 447 00:26:38,200 --> 00:26:41,240 Speaker 11: You know me, Yeah, I know I know that. 448 00:26:41,680 --> 00:26:44,000 Speaker 4: All right, Lola, thanks much. I gotta keep rolling. 449 00:26:45,280 --> 00:26:47,520 Speaker 10: Come and see us and see what's really going on. 450 00:26:47,600 --> 00:26:50,879 Speaker 4: I'm there all the time. Thanks, Lola, I know. Thank you. 451 00:26:51,480 --> 00:26:54,320 Speaker 2: Sgulated good night to John in New Hampshire. John want 452 00:26:54,359 --> 00:26:55,879 Speaker 2: to get you and maybe one more in if I 453 00:26:55,880 --> 00:26:57,040 Speaker 2: can go ahead, John. 454 00:26:58,040 --> 00:27:02,240 Speaker 11: Good evening, Dan, both dance think. First of all, I 455 00:27:02,280 --> 00:27:04,919 Speaker 11: agree with you with everything you've said thus far. I 456 00:27:04,960 --> 00:27:09,240 Speaker 11: think the economy is absolutely improving and is on a 457 00:27:09,240 --> 00:27:13,280 Speaker 11: good trajectory for a lot of people. However, I have 458 00:27:13,320 --> 00:27:16,840 Speaker 11: one concern, and I'd like Dan's thoughts on this. As 459 00:27:16,880 --> 00:27:20,760 Speaker 11: somebody that is single and in their mid fifties and 460 00:27:20,840 --> 00:27:23,280 Speaker 11: a couple of relatives that are in the same predicament, 461 00:27:24,000 --> 00:27:27,280 Speaker 11: I hear a lot of tax credits for people with children, 462 00:27:27,840 --> 00:27:31,280 Speaker 11: which I'm not against, but the single person in this 463 00:27:31,440 --> 00:27:38,000 Speaker 11: economy pays the same property taxes, insurance bills, all of 464 00:27:38,119 --> 00:27:44,520 Speaker 11: the like. And as somebody that's not too far from retirement, I'm, 465 00:27:44,680 --> 00:27:48,280 Speaker 11: in my opinion, about to be screwed royally as it 466 00:27:48,320 --> 00:27:53,359 Speaker 11: relates to social security. And although things are improving, I 467 00:27:53,400 --> 00:27:56,960 Speaker 11: think long term, for a single person in their fifties, 468 00:27:57,520 --> 00:28:00,320 Speaker 11: it's a small blip up in a large or you're 469 00:28:00,920 --> 00:28:03,440 Speaker 11: downward trend. Your thoughts please. 470 00:28:03,960 --> 00:28:08,560 Speaker 3: Go ahead, Dan, So I'm not are there are there 471 00:28:09,040 --> 00:28:11,359 Speaker 3: tax advantages that you feel you cannot get as a 472 00:28:11,400 --> 00:28:13,680 Speaker 3: single person? Is that what you're saying. I'm not clear 473 00:28:13,760 --> 00:28:16,280 Speaker 3: what you're what you're concerned. 474 00:28:15,960 --> 00:28:20,680 Speaker 11: Is well, tax advantages and expenses in general for the 475 00:28:20,760 --> 00:28:25,120 Speaker 11: single person are sure are outrageous. You know, you could 476 00:28:25,119 --> 00:28:27,720 Speaker 11: have one person in your house or ten people. That 477 00:28:27,800 --> 00:28:32,480 Speaker 11: there's certain expenses that are simply more for the single person. 478 00:28:32,520 --> 00:28:33,560 Speaker 11: And am I right? 479 00:28:33,600 --> 00:28:37,360 Speaker 2: But also also John, from the other side of it, 480 00:28:37,680 --> 00:28:41,200 Speaker 2: if you're married with three or four kids, kids are 481 00:28:41,240 --> 00:28:45,440 Speaker 2: expensive and the Congress and present prior presidents have made 482 00:28:45,480 --> 00:28:49,600 Speaker 2: decisions that having families are good for the country, good 483 00:28:49,640 --> 00:28:51,600 Speaker 2: for the future. I agree, they're going to They're going 484 00:28:51,640 --> 00:28:53,680 Speaker 2: to be the people who will be paying your Social 485 00:28:53,680 --> 00:28:57,200 Speaker 2: Security taxes and my Social Security taxes. It's it's all 486 00:28:57,200 --> 00:29:00,360 Speaker 2: about a choice, you know. I mean, I don't know. 487 00:29:01,720 --> 00:29:05,080 Speaker 2: Let's do this. I'm gonna ask Dan Varoni since he 488 00:29:05,160 --> 00:29:08,320 Speaker 2: started with me late. Let me hold you over, Dan 489 00:29:08,400 --> 00:29:10,720 Speaker 2: into the next hour because I'm running out of time 490 00:29:10,760 --> 00:29:13,800 Speaker 2: here fast for our eleven o'clock news. Give me about 491 00:29:13,840 --> 00:29:17,000 Speaker 2: maybe one segment in the next hour, and John in 492 00:29:17,080 --> 00:29:19,880 Speaker 2: New Hampshire, stay right there. I want to have your 493 00:29:19,920 --> 00:29:21,280 Speaker 2: concerns addressed more fully. 494 00:29:21,360 --> 00:29:21,520 Speaker 3: Is that? 495 00:29:21,560 --> 00:29:21,880 Speaker 4: Okay? 496 00:29:22,800 --> 00:29:23,480 Speaker 11: Sure? Thanks? 497 00:29:23,480 --> 00:29:25,440 Speaker 2: Everybody, stay right there, We'll listen to the news and 498 00:29:25,480 --> 00:29:27,880 Speaker 2: we'll be right back Dan, I will promise I'll let 499 00:29:27,920 --> 00:29:29,479 Speaker 2: you go no later than eleven fifteen. 500 00:29:30,120 --> 00:29:32,360 Speaker 4: We'll be back on Nightside. Finish up this hour. 501 00:29:32,520 --> 00:29:37,280 Speaker 1: Right after this, it's Nightside with Dan Ray on WBZ, 502 00:29:37,760 --> 00:29:39,000 Speaker 1: Boston's new radio. 503 00:29:39,440 --> 00:29:42,120 Speaker 2: We're gonna spend there one more segment with Dan Varoni. 504 00:29:42,160 --> 00:29:46,720 Speaker 2: He's the founder of Potomac Corp. He's an economic strategist, 505 00:29:46,720 --> 00:29:49,240 Speaker 2: and we're talking about where the US economy is going, 506 00:29:49,840 --> 00:29:52,760 Speaker 2: particularly in the next year eight to ten months, because 507 00:29:52,840 --> 00:29:57,680 Speaker 2: between now and the election, the midterms in November, the 508 00:29:57,720 --> 00:30:00,520 Speaker 2: economy has to kick back if the Republicans have any 509 00:30:00,560 --> 00:30:01,320 Speaker 2: hope whatsoever. 510 00:30:01,720 --> 00:30:05,680 Speaker 4: I've held John from New Hampshire over. John. You're a 511 00:30:05,720 --> 00:30:07,880 Speaker 4: single guy. You you do. 512 00:30:07,920 --> 00:30:12,520 Speaker 2: Not have some things like you know child uh, you 513 00:30:12,560 --> 00:30:16,000 Speaker 2: know child deductions and all of that. How else do 514 00:30:16,080 --> 00:30:20,959 Speaker 2: you feel you're being unfairly treated? And we'll get we'll 515 00:30:20,960 --> 00:30:24,560 Speaker 2: get Dan Voroni to address whatever your your concern is. 516 00:30:25,720 --> 00:30:29,400 Speaker 2: Do we have John, rob Have we lost him? Okay, 517 00:30:29,560 --> 00:30:31,840 Speaker 2: we lost him. We're gonna move on. Okay, double check 518 00:30:31,880 --> 00:30:34,440 Speaker 2: with them. We're gonna go to Robert in Boston. I 519 00:30:34,480 --> 00:30:37,080 Speaker 2: told him he could hang around, but he's not there. Robert, 520 00:30:37,120 --> 00:30:37,800 Speaker 2: you are next on. 521 00:30:37,760 --> 00:30:41,000 Speaker 4: Nightsager right ahead, Yes, can you hand me? I can 522 00:30:41,040 --> 00:30:42,920 Speaker 4: hear you? Just fine. I have no idea what happened 523 00:30:42,920 --> 00:30:43,280 Speaker 4: to John? 524 00:30:44,080 --> 00:30:45,160 Speaker 5: Okay, God bless him? 525 00:30:45,480 --> 00:30:45,800 Speaker 3: Listen. 526 00:30:46,040 --> 00:30:48,880 Speaker 5: I have a question. This is a statement about Trump. 527 00:30:48,880 --> 00:30:51,680 Speaker 5: I hope it comes out right now. You being an 528 00:30:51,800 --> 00:30:52,840 Speaker 5: educated uh. 529 00:30:52,880 --> 00:30:58,520 Speaker 12: Uh commentative on prolific subcent politics and business. Okay, okay, 530 00:30:58,640 --> 00:31:03,360 Speaker 12: Now my question you is not haven't you called Trump 531 00:31:03,400 --> 00:31:06,040 Speaker 12: out on his policies and his decisions, to have a 532 00:31:06,080 --> 00:31:09,160 Speaker 12: debate with him, to try to talk confess to him, 533 00:31:09,160 --> 00:31:11,120 Speaker 12: maybe you could change you Well? 534 00:31:11,160 --> 00:31:12,720 Speaker 4: Well, first of first of all, I don't. 535 00:31:12,760 --> 00:31:14,600 Speaker 2: I think that would be what's called an exercise in 536 00:31:14,680 --> 00:31:18,080 Speaker 2: futility number one and number two. As you probably know 537 00:31:18,160 --> 00:31:21,080 Speaker 2: if you listen to my show. I agree with some 538 00:31:21,240 --> 00:31:24,480 Speaker 2: things that he's done. I disagree with others. I think 539 00:31:24,520 --> 00:31:30,120 Speaker 2: that his behavior and his attitude is what bothers me most. 540 00:31:30,480 --> 00:31:32,479 Speaker 4: I wish he was more like Ronald Reagan. 541 00:31:32,960 --> 00:31:36,440 Speaker 2: Reagan would tell a joke and smile and disarm people, 542 00:31:36,880 --> 00:31:41,400 Speaker 2: where where Trump will will decide to insult someone. And 543 00:31:41,440 --> 00:31:44,560 Speaker 2: I don't think that works for for for anybody. 544 00:31:45,240 --> 00:31:46,800 Speaker 5: Are you a Democrat of Republic? 545 00:31:47,320 --> 00:31:52,800 Speaker 2: I am an absolute middle of the road independent I'm 546 00:31:52,800 --> 00:31:58,200 Speaker 2: a conservative. Well, no, I'm a conservative. I'm gonna explain 547 00:31:58,240 --> 00:32:01,160 Speaker 2: to you. I'm a conservative who wants people to call 548 00:32:01,240 --> 00:32:04,719 Speaker 2: this program whatever their point of view. And there are 549 00:32:04,720 --> 00:32:06,600 Speaker 2: some issues that you and I might agree on. Some 550 00:32:06,640 --> 00:32:08,960 Speaker 2: issues we might disagree on, but I want to be 551 00:32:08,960 --> 00:32:11,240 Speaker 2: able to have a decent conversation with you, and I 552 00:32:11,240 --> 00:32:13,800 Speaker 2: want you to a decent conversation with me. I'm actually 553 00:32:13,880 --> 00:32:17,040 Speaker 2: striving to do what is to repair what is wrong 554 00:32:17,080 --> 00:32:20,720 Speaker 2: with this country. Just because you and I might disagree politically. 555 00:32:21,120 --> 00:32:23,000 Speaker 2: You might root for the Yankees and I root for 556 00:32:23,040 --> 00:32:25,240 Speaker 2: the Red Sox. That doesn't make you a bad person. 557 00:32:25,680 --> 00:32:28,400 Speaker 2: It just makes we we're in disagreement and who we're 558 00:32:28,480 --> 00:32:30,960 Speaker 2: rooting for. Whether you're a Democrat or Republican, I could 559 00:32:31,000 --> 00:32:33,080 Speaker 2: care less. If you're a decent person, I want you 560 00:32:33,120 --> 00:32:34,800 Speaker 2: to be my friend. That's my philosophy. 561 00:32:34,800 --> 00:32:35,240 Speaker 4: Go ahead. 562 00:32:35,880 --> 00:32:38,120 Speaker 5: I share think you should debate him so you could 563 00:32:38,120 --> 00:32:38,840 Speaker 5: straighten him out. 564 00:32:39,080 --> 00:32:42,240 Speaker 2: Okay, Well, if he accepts, we'll have that debate. 565 00:32:42,240 --> 00:32:43,480 Speaker 4: Do you have a question for my guest? 566 00:32:44,720 --> 00:32:48,840 Speaker 5: Well, what is it about the business economy? 567 00:32:49,680 --> 00:32:52,400 Speaker 4: He's yeah, it's about the economy. You got it, Robert. 568 00:32:52,440 --> 00:32:54,360 Speaker 2: I appreciate you call. If you called before. I do 569 00:32:54,440 --> 00:32:56,600 Speaker 2: not recognize your voice. Is this your first time calling? 570 00:32:57,480 --> 00:32:59,720 Speaker 5: No, I'm calling you. This is probably the. 571 00:33:00,280 --> 00:33:02,160 Speaker 2: Okay, well you keep calling. We'll have a lot of 572 00:33:02,240 --> 00:33:05,000 Speaker 2: conversation next time. I'm going to get back to John. Now. Okay, 573 00:33:05,200 --> 00:33:09,280 Speaker 2: thanks Robert, thank you my friend John. I I don't 574 00:33:09,320 --> 00:33:11,240 Speaker 2: know where you were before, but I got you now. 575 00:33:11,280 --> 00:33:12,280 Speaker 2: I think, go right ahead. 576 00:33:13,360 --> 00:33:15,640 Speaker 11: All right. So, so Dan, my point was, where were 577 00:33:15,680 --> 00:33:16,080 Speaker 11: you before? 578 00:33:16,120 --> 00:33:18,640 Speaker 2: By the way, I was looking for you, and had 579 00:33:18,640 --> 00:33:20,080 Speaker 2: you stepped away from the phone. 580 00:33:20,920 --> 00:33:23,160 Speaker 11: I had the phone on mute and I forgot to 581 00:33:23,200 --> 00:33:23,800 Speaker 11: push the button. 582 00:33:23,920 --> 00:33:25,840 Speaker 4: Yeah, that that that could be a problem. 583 00:33:25,960 --> 00:33:28,640 Speaker 2: I just wanted to make sure that that that I 584 00:33:28,680 --> 00:33:30,160 Speaker 2: had I hadn't lost my hearing. 585 00:33:30,200 --> 00:33:32,000 Speaker 4: Go right ahead, you're back with Dan Veroni. 586 00:33:33,200 --> 00:33:35,760 Speaker 11: My point is in my particular case, and I know 587 00:33:35,840 --> 00:33:38,000 Speaker 11: other people are in the same case. I'm not a senior, 588 00:33:38,040 --> 00:33:40,600 Speaker 11: so that's not going to help me. I don't have kids. 589 00:33:40,600 --> 00:33:43,880 Speaker 11: That's not going to help me. I don't I don't 590 00:33:43,920 --> 00:33:47,640 Speaker 11: I work a salary job. So over time, no help 591 00:33:47,680 --> 00:33:50,680 Speaker 11: there tips no help there. I got hammered a few 592 00:33:50,760 --> 00:33:54,880 Speaker 11: years back when they took the salt tax deductions away. Ye, 593 00:33:55,400 --> 00:33:58,440 Speaker 11: And your point, Dan, you're right in my life the 594 00:33:58,440 --> 00:34:00,680 Speaker 11: way it's worked out, choice and other wise I don't 595 00:34:00,720 --> 00:34:03,240 Speaker 11: have kids. But if you listen to what they tell you, 596 00:34:04,160 --> 00:34:08,120 Speaker 11: I'm right in line to retire in Guan Sosa security 597 00:34:08,160 --> 00:34:09,680 Speaker 11: when it's going to get cut to shreds. 598 00:34:09,840 --> 00:34:12,120 Speaker 2: Well, first of all, they've been threatening that SO security 599 00:34:12,160 --> 00:34:14,719 Speaker 2: will be cut to shreds for years. It's never going 600 00:34:14,800 --> 00:34:17,680 Speaker 2: to be cut to shreds, okay. I mean, I'm telling 601 00:34:17,719 --> 00:34:25,120 Speaker 2: you right now that the older citizens would would be outraged. 602 00:34:25,200 --> 00:34:28,120 Speaker 2: It's the third rail of politics. It will never happen. 603 00:34:28,280 --> 00:34:31,719 Speaker 2: It's as simple as that. They have and Dan will 604 00:34:31,760 --> 00:34:34,279 Speaker 2: agree with me, I think on this. They have they 605 00:34:34,320 --> 00:34:38,680 Speaker 2: have raised the retirement age to you know, by six months, 606 00:34:38,760 --> 00:34:40,080 Speaker 2: six months, six months. 607 00:34:40,280 --> 00:34:40,960 Speaker 4: How old are you. 608 00:34:40,960 --> 00:34:45,200 Speaker 11: Now, John, I'm fifty five now, yeah. 609 00:34:45,080 --> 00:34:47,480 Speaker 2: Okay, you're fifty five. You still have at least another 610 00:34:47,560 --> 00:34:52,439 Speaker 2: ten good earning years, maybe more. You can't take full 611 00:34:52,480 --> 00:34:55,279 Speaker 2: SO security until you're seventy. So you're fifteen years away 612 00:34:55,280 --> 00:34:58,440 Speaker 2: from SO security that. 613 00:34:57,960 --> 00:35:01,359 Speaker 11: That's going to be. In my case, I've already had 614 00:35:01,400 --> 00:35:03,759 Speaker 11: one massive heart attack. I'll be doing it at sixty five. 615 00:35:04,120 --> 00:35:06,680 Speaker 2: Okay, Well that's fine, Okay, so you're ten years away. 616 00:35:08,040 --> 00:35:12,080 Speaker 2: I would say, your greater concern is keeping your health 617 00:35:12,120 --> 00:35:14,279 Speaker 2: and keeping yourself in shape so you can enjoy the 618 00:35:14,280 --> 00:35:15,960 Speaker 2: benefits of retirement. 619 00:35:16,000 --> 00:35:18,640 Speaker 4: And I'm not saying that's our cast that man being totally. 620 00:35:20,040 --> 00:35:22,879 Speaker 2: Yeah, totally honest, and make sure you get to your 621 00:35:22,880 --> 00:35:26,080 Speaker 2: doctors and make sure you stay in shape, and if 622 00:35:26,120 --> 00:35:29,120 Speaker 2: you're overweight, try awaken one eighty. 623 00:35:31,640 --> 00:35:32,840 Speaker 11: No, I don't have to worry about that. 624 00:35:33,120 --> 00:35:34,799 Speaker 4: Good, Okay, Well, that's great, that's great. 625 00:35:34,840 --> 00:35:40,680 Speaker 2: Well again, the tax code, it's it's voluminous. 626 00:35:41,280 --> 00:35:43,520 Speaker 4: There's too much to the tax code. I wish we 627 00:35:43,560 --> 00:35:44,560 Speaker 4: had a flat tax. 628 00:35:45,280 --> 00:35:51,040 Speaker 2: That's just my own philosophical point of view, but unfortunately 629 00:35:51,040 --> 00:35:56,040 Speaker 2: we don't. And single people are discriminated against in this 630 00:35:56,120 --> 00:36:00,080 Speaker 2: country on taxes and those are. 631 00:36:00,120 --> 00:36:04,880 Speaker 11: Quest go ahead, no no, I said no question about you, 632 00:36:04,920 --> 00:36:05,520 Speaker 11: no question. 633 00:36:05,360 --> 00:36:07,200 Speaker 4: Right, Okay, I thought you said question okay. 634 00:36:07,360 --> 00:36:12,280 Speaker 2: So but again that that's simply a fact of life, 635 00:36:12,520 --> 00:36:14,560 Speaker 2: and you got to look at it, and you got 636 00:36:14,600 --> 00:36:17,880 Speaker 2: to say, okay, I don't have some of the tax 637 00:36:17,960 --> 00:36:21,720 Speaker 2: benefits that are in the code, in the Internal Revenue 638 00:36:21,760 --> 00:36:24,680 Speaker 2: Code for married couples, but you also don't have the 639 00:36:24,719 --> 00:36:28,080 Speaker 2: expenses of feeding kids and all of that. So there's 640 00:36:28,080 --> 00:36:30,120 Speaker 2: a yan and a yang here and then we all 641 00:36:30,120 --> 00:36:31,239 Speaker 2: make out to your right man. 642 00:36:31,360 --> 00:36:33,600 Speaker 11: But here's where I disagree with you. It doesn't cost 643 00:36:33,640 --> 00:36:35,759 Speaker 11: me any less for a car. It doesn't cost me 644 00:36:35,760 --> 00:36:38,359 Speaker 11: any less in property taxes. It doesn't cost me any 645 00:36:38,400 --> 00:36:39,600 Speaker 11: lesson an electric bill. 646 00:36:40,640 --> 00:36:42,520 Speaker 4: Well, let me tell you what it will cost you lesson. 647 00:36:42,760 --> 00:36:44,480 Speaker 4: I'm going to tell you what it will cost you, 648 00:36:44,520 --> 00:36:45,919 Speaker 4: and I disagree with that. Tell you why. 649 00:36:45,960 --> 00:36:48,640 Speaker 2: First of all, if you have four kids, you've got 650 00:36:48,680 --> 00:36:50,040 Speaker 2: to have a bigger house, which is going to be 651 00:36:50,080 --> 00:36:53,279 Speaker 2: more expensive. Number two, if you have kids, they're going 652 00:36:53,360 --> 00:36:54,920 Speaker 2: to be driving the car and you're going to be 653 00:36:54,960 --> 00:36:58,239 Speaker 2: paying for the gas. And in terms of electricity, I 654 00:36:58,320 --> 00:37:01,160 Speaker 2: walk around my house my kids are now grown up, 655 00:37:01,160 --> 00:37:04,360 Speaker 2: and when they come over with the grandkids, I'm shutting 656 00:37:04,360 --> 00:37:06,640 Speaker 2: off lights all night and I'm asking them, you know, 657 00:37:06,719 --> 00:37:08,640 Speaker 2: do you pay electric bills at home? Why do you 658 00:37:08,680 --> 00:37:09,560 Speaker 2: have all these lights on? 659 00:37:10,840 --> 00:37:14,319 Speaker 4: I love it. I'm telling you. I'm trying to make 660 00:37:14,360 --> 00:37:15,520 Speaker 4: you feel better. John. 661 00:37:15,600 --> 00:37:17,640 Speaker 2: I got to get one more in here. Okay, So 662 00:37:17,760 --> 00:37:21,080 Speaker 2: thanks for recall. All right, we'll talk again. Okay, thanks 663 00:37:21,200 --> 00:37:25,000 Speaker 2: keep calling, uh Dan Varoni. Last call. Bernie is in 664 00:37:25,040 --> 00:37:27,759 Speaker 2: New Hampshire. Bernie one of my favorite callers. You're all 665 00:37:27,840 --> 00:37:30,600 Speaker 2: with John with Dan Varoni the right ahead, Bernie. 666 00:37:31,200 --> 00:37:33,080 Speaker 3: Hey Dan, how are we doing tonight? 667 00:37:33,840 --> 00:37:36,680 Speaker 4: We'll scrambling tonight. Pal Let's gay. 668 00:37:37,719 --> 00:37:41,399 Speaker 7: Yeah, you know, I think I told you I had 669 00:37:41,440 --> 00:37:44,640 Speaker 7: sixty five trips around the sun loss October, So I've 670 00:37:44,680 --> 00:37:46,600 Speaker 7: got that in my favor. 671 00:37:46,920 --> 00:37:47,400 Speaker 4: Good for you. 672 00:37:47,760 --> 00:37:51,600 Speaker 7: And they also work a lot of overtime. Actually my 673 00:37:51,680 --> 00:37:54,400 Speaker 7: account says that was the most that they filed this 674 00:37:54,560 --> 00:37:56,160 Speaker 7: year for overtime. 675 00:37:55,680 --> 00:37:56,520 Speaker 11: So I got that. 676 00:37:56,880 --> 00:37:57,160 Speaker 4: Wow. 677 00:37:57,400 --> 00:38:01,399 Speaker 7: And my tax refund is very good this year. I'll 678 00:38:01,400 --> 00:38:02,080 Speaker 7: put it that way. 679 00:38:02,440 --> 00:38:04,719 Speaker 2: Well, give me an idea and give Dan Varoni said, 680 00:38:04,760 --> 00:38:07,160 Speaker 2: at Dan Varoni, normally. 681 00:38:06,880 --> 00:38:07,959 Speaker 4: What you doing? 682 00:38:08,080 --> 00:38:09,960 Speaker 2: What would have you got? Do you think as a 683 00:38:10,560 --> 00:38:12,920 Speaker 2: what's how much of a differential? Do you think your 684 00:38:12,920 --> 00:38:15,480 Speaker 2: tax return is better this year? Just give us a 685 00:38:15,560 --> 00:38:17,719 Speaker 2: rough number based upon. 686 00:38:19,800 --> 00:38:22,040 Speaker 7: It was six thousands dollars more this year. 687 00:38:22,600 --> 00:38:23,400 Speaker 4: That's not bad. 688 00:38:24,120 --> 00:38:27,480 Speaker 3: That's not bad, not a bad, not a bad handshake 689 00:38:27,520 --> 00:38:28,439 Speaker 3: at the end of the day. 690 00:38:28,719 --> 00:38:32,279 Speaker 2: Okay, And I suspect you will be voting Republican. I 691 00:38:32,320 --> 00:38:34,320 Speaker 2: know you well enough in New Hampshire. 692 00:38:35,120 --> 00:38:40,480 Speaker 7: Well, you know what like yourself? Then I'm conservative. I'm conservative. 693 00:38:40,800 --> 00:38:44,440 Speaker 7: Nobody's given me anything I've worked very hot everything I have, 694 00:38:44,680 --> 00:38:47,400 Speaker 7: My wife has too, and and like you said, we 695 00:38:47,480 --> 00:38:50,680 Speaker 7: have I have nineteen year old twins and we help them, 696 00:38:50,719 --> 00:38:56,480 Speaker 7: and you know, and and the military, yes, you know, 697 00:38:56,640 --> 00:38:58,800 Speaker 7: and we help them as much as we can because 698 00:38:59,280 --> 00:39:00,960 Speaker 7: they don't get paid a lot of money, as you 699 00:39:01,040 --> 00:39:02,960 Speaker 7: well know. And we're in a position where we can 700 00:39:03,000 --> 00:39:06,120 Speaker 7: help themselves. We just were proud of them, and we 701 00:39:06,640 --> 00:39:11,520 Speaker 7: and you know what, I see you. This question came 702 00:39:11,600 --> 00:39:14,120 Speaker 7: up the other night. Do you feel your better off? 703 00:39:14,160 --> 00:39:17,399 Speaker 7: I think Reagan said it before. You're better off now 704 00:39:17,440 --> 00:39:19,960 Speaker 7: than you under Biden and my I have of a 705 00:39:20,040 --> 00:39:22,719 Speaker 7: thousand years, so I don't care who was in the 706 00:39:22,760 --> 00:39:26,120 Speaker 7: White House. I just think economically, he's doing good things 707 00:39:26,120 --> 00:39:26,560 Speaker 7: for this time. 708 00:39:26,560 --> 00:39:28,400 Speaker 4: All right, let me get Dan Varoni to make a 709 00:39:28,480 --> 00:39:29,040 Speaker 4: quick comment. 710 00:39:29,080 --> 00:39:33,320 Speaker 2: Because you're a caller who has has benefited you're also 711 00:39:33,360 --> 00:39:38,200 Speaker 2: a caller who has contributed to UH, to society for 712 00:39:38,719 --> 00:39:41,560 Speaker 2: in many ways, both as a worker and as a parent. 713 00:39:41,880 --> 00:39:42,960 Speaker 4: Dan Varoni. 714 00:39:44,360 --> 00:39:50,240 Speaker 2: Is, is Bernie potentially a bell Weather voter based upon 715 00:39:50,560 --> 00:39:52,600 Speaker 2: what you foresee coming down the road? 716 00:39:52,640 --> 00:39:57,080 Speaker 3: Economically, I think Bernie is absolutely a bell Weather voter, 717 00:39:57,320 --> 00:40:01,400 Speaker 3: and there will be a lot of Bernie around the country. 718 00:40:03,120 --> 00:40:07,040 Speaker 3: The initial tax refunds have gone out. The second wave 719 00:40:07,080 --> 00:40:09,920 Speaker 3: will be coming soon and we'll be hearing a lot 720 00:40:09,960 --> 00:40:14,719 Speaker 3: of three, four, six, eight, ten thousand dollars tax refunds. 721 00:40:15,000 --> 00:40:17,360 Speaker 2: All right, Bernie is always thank you, my friend. We 722 00:40:17,520 --> 00:40:20,120 Speaker 2: will talk soon, okay, one of my favorite. 723 00:40:20,120 --> 00:40:21,920 Speaker 7: Thank you, Dan, also thank you. 724 00:40:22,360 --> 00:40:25,200 Speaker 3: All right, you're welcome. Takeod care, Dave Ronie. 725 00:40:25,239 --> 00:40:27,080 Speaker 2: Let's talk about your book, and let's plug the book. 726 00:40:27,120 --> 00:40:29,359 Speaker 2: How can people get to the get the book? Give 727 00:40:29,440 --> 00:40:32,200 Speaker 2: us the title one more time, and I assume it's 728 00:40:32,239 --> 00:40:34,160 Speaker 2: available on Amazon and elsewhere. 729 00:40:35,320 --> 00:40:40,720 Speaker 3: Absolutely. The title of the book is called Rethinking Economic Growth, 730 00:40:41,600 --> 00:40:46,680 Speaker 3: and everyone can find it on Amazon. I encourage your 731 00:40:47,280 --> 00:40:51,880 Speaker 3: listeners who are small businesses or listeners who know people 732 00:40:51,880 --> 00:40:55,200 Speaker 3: who own small businesses to get this book. There are 733 00:40:56,000 --> 00:41:00,520 Speaker 3: thirty five case studies twelve different industries, and it talks 734 00:41:00,520 --> 00:41:03,360 Speaker 3: about the power of small business in helping the country 735 00:41:03,960 --> 00:41:08,000 Speaker 3: achieve consistence three percent economic growth, and there's a roadmap 736 00:41:08,040 --> 00:41:11,000 Speaker 3: for small businesses. They will get a lot of value 737 00:41:11,040 --> 00:41:12,040 Speaker 3: from reading this book. 738 00:41:13,239 --> 00:41:15,120 Speaker 2: I appreciate your time, Dan. I know we had a 739 00:41:15,160 --> 00:41:17,640 Speaker 2: little bit of a bumpy start here. Check your phone 740 00:41:17,920 --> 00:41:21,759 Speaker 2: because Rob is insisting that it was getting dumped directly. 741 00:41:22,160 --> 00:41:24,600 Speaker 2: And I've had that happen on my phone as well, 742 00:41:24,920 --> 00:41:28,400 Speaker 2: where the phone doesn't even ring and it goes right to voicemail. 743 00:41:28,440 --> 00:41:31,120 Speaker 2: You'll hear the voicemails later on tonight. But I think 744 00:41:31,160 --> 00:41:33,479 Speaker 2: we pulled together, and I think we got a good hour, 745 00:41:33,920 --> 00:41:36,200 Speaker 2: and I think people have a better understanding of the 746 00:41:36,239 --> 00:41:38,680 Speaker 2: economy and what it's going to mean. And I hope 747 00:41:38,680 --> 00:41:40,000 Speaker 2: everybody benefits from it. 748 00:41:41,080 --> 00:41:41,920 Speaker 4: That's my hope. 749 00:41:42,960 --> 00:41:46,120 Speaker 3: I say, I hope that absolutely everybody benefits from it. 750 00:41:46,880 --> 00:41:47,640 Speaker 4: Thanks again, Dan. 751 00:41:48,000 --> 00:41:50,279 Speaker 2: We'll maybe check back with you in the two or 752 00:41:50,320 --> 00:41:54,000 Speaker 2: three months and we'll take the temperature of the economy 753 00:41:54,040 --> 00:41:55,200 Speaker 2: sometime in May or June. 754 00:41:55,200 --> 00:41:55,719 Speaker 4: Fair enough. 755 00:41:56,560 --> 00:41:58,640 Speaker 3: Oh it sounds good, look forward to it. 756 00:41:58,480 --> 00:42:01,400 Speaker 4: All right, take you care now, Barney. Absolutely the book 757 00:42:01,520 --> 00:42:05,920 Speaker 4: Rethinking Economic Growth. Thank you, Dan, appreciate it all right. 758 00:42:05,920 --> 00:42:08,920 Speaker 2: We only have about forty five minutes left here, forty 759 00:42:08,960 --> 00:42:10,440 Speaker 2: minutes left in the evening. 760 00:42:10,480 --> 00:42:12,000 Speaker 4: And here's what I'm going to do. I haven't done 761 00:42:12,000 --> 00:42:12,600 Speaker 4: this in a while. 762 00:42:13,760 --> 00:42:18,160 Speaker 2: We talked earlier tonight about borders, and we talked about 763 00:42:18,200 --> 00:42:22,120 Speaker 2: ice detainers with Boston City Councilor Ed Flynn. I'm going 764 00:42:22,200 --> 00:42:23,879 Speaker 2: to give you an opportunity if you want to make 765 00:42:23,880 --> 00:42:29,120 Speaker 2: a comment on borders, the value of national borders, or 766 00:42:29,120 --> 00:42:30,799 Speaker 2: if you want to make the argument that we don't 767 00:42:30,880 --> 00:42:34,600 Speaker 2: need borders, that's okay as well. Also, if you want 768 00:42:34,640 --> 00:42:37,799 Speaker 2: to talk about the economy, if you've I'd love to 769 00:42:37,840 --> 00:42:40,920 Speaker 2: know how you're doing. Do you feel that the economy 770 00:42:41,040 --> 00:42:45,719 Speaker 2: is going to get better for you? That's really the 771 00:42:45,719 --> 00:42:48,680 Speaker 2: way in which most people will judge and determine how 772 00:42:48,719 --> 00:42:51,680 Speaker 2: they're going to vote this fall, in my opinion, at 773 00:42:51,800 --> 00:42:55,600 Speaker 2: least those in the middle who are my listeners for 774 00:42:55,640 --> 00:42:58,600 Speaker 2: the most part. So we can do that, and we'll 775 00:42:58,600 --> 00:43:01,200 Speaker 2: also incorporate open lines, so this will be an opportunity. 776 00:43:01,239 --> 00:43:03,600 Speaker 2: We'll only do it for about forty minutes. We only 777 00:43:03,640 --> 00:43:07,000 Speaker 2: have a thirty nine left right now. Anyway, open lines, 778 00:43:07,320 --> 00:43:09,680 Speaker 2: I'd love a little emphasis reaction to the Ed Flynn 779 00:43:09,719 --> 00:43:12,920 Speaker 2: interview at nine, and reaction and reaction to Dan Voroni's 780 00:43:13,719 --> 00:43:17,040 Speaker 2: conversation with us during the last hour, the founder of 781 00:43:17,200 --> 00:43:21,279 Speaker 2: Potomac Core. He's an economic strategist, very clear on what 782 00:43:21,360 --> 00:43:24,800 Speaker 2: he believes. Six one, seven, two, five, four ten, thirty 783 00:43:25,120 --> 00:43:28,400 Speaker 2: six one seven, nine, three, one ten thirty. I'll emphasize 784 00:43:28,400 --> 00:43:32,040 Speaker 2: to you again the program is Nightside with Dan Ray. 785 00:43:32,560 --> 00:43:35,320 Speaker 2: My name is Dan Ray. But you are at Night Side. Uh, 786 00:43:35,600 --> 00:43:38,319 Speaker 2: do not leave me alone here. Feel free. This is 787 00:43:38,320 --> 00:43:40,720 Speaker 2: an opportunity. Many of you say, won't you do this topic? 788 00:43:40,760 --> 00:43:43,600 Speaker 2: Won't you do this topic? You have an opportunity. Ask 789 00:43:43,719 --> 00:43:46,560 Speaker 2: me anything you want. I'll give you an answer. Let's 790 00:43:46,640 --> 00:43:52,200 Speaker 2: have some fun between now and midnight tomorrow Tgif it's Friday, 791 00:43:52,320 --> 00:43:56,839 Speaker 2: the weekend actually looks nice here in New England weatherwise, 792 00:43:57,280 --> 00:44:00,080 Speaker 2: and it will be March on Sunday. 793 00:44:00,280 --> 00:44:03,239 Speaker 4: We have a lot going for us. Let's go and 794 00:44:03,520 --> 00:44:06,360 Speaker 4: be upbeat for the final forty minutes of the program. 795 00:44:06,400 --> 00:44:07,399 Speaker 4: Coming back on Night Side