1 00:00:01,920 --> 00:00:04,680 Speaker 1: This is America's Trucking Network with Kevin Gordon. 2 00:00:06,600 --> 00:00:09,280 Speaker 2: Welcome aboard, Thanks for tuning in as we begin our 3 00:00:09,320 --> 00:00:13,560 Speaker 2: week here on America's truck and Network. What an absolutely 4 00:00:13,800 --> 00:00:17,840 Speaker 2: amazing weekend in the Middle East. You know, I had 5 00:00:17,920 --> 00:00:20,680 Speaker 2: my doubts as to whether or not Hamas was going 6 00:00:20,720 --> 00:00:23,880 Speaker 2: to actually live up to its principles in terms of 7 00:00:23,920 --> 00:00:28,360 Speaker 2: the ceasefire and an actual release of the hostages, based 8 00:00:28,400 --> 00:00:30,880 Speaker 2: on what has happened in the past. There's always been 9 00:00:30,920 --> 00:00:33,000 Speaker 2: this point of going right up to the line and 10 00:00:33,040 --> 00:00:36,040 Speaker 2: then backing off right at the last minute. Now what 11 00:00:36,280 --> 00:00:40,159 Speaker 2: is happened yesterday What we saw were all of the 12 00:00:40,240 --> 00:00:45,440 Speaker 2: twenty remaining living hostages returned to Israel. One of the 13 00:00:45,479 --> 00:00:49,800 Speaker 2: particular hostages, manned by the name of Evan Atan Orr, 14 00:00:50,240 --> 00:00:54,040 Speaker 2: was released from isolation. He been kept underground for seven 15 00:00:54,120 --> 00:00:56,840 Speaker 2: hundred and seven hundred and thirty eight days. I believe 16 00:00:57,280 --> 00:01:01,880 Speaker 2: his walking out of there, he has lost about thirty 17 00:01:02,000 --> 00:01:03,680 Speaker 2: to forty percent. 18 00:01:03,280 --> 00:01:04,360 Speaker 3: Of his body weight. 19 00:01:04,640 --> 00:01:09,600 Speaker 2: You see these stories about the Holocaust and these Jewish. 20 00:01:08,760 --> 00:01:10,200 Speaker 3: Prisoners in Germany. 21 00:01:10,720 --> 00:01:14,840 Speaker 2: They're emaciated bodies, and this is what this guy looked 22 00:01:14,880 --> 00:01:17,920 Speaker 2: like coming out of there. I haven't seen yet the 23 00:01:17,959 --> 00:01:23,759 Speaker 2: pictures of the others. But I imagine being and supposedly 24 00:01:24,480 --> 00:01:28,840 Speaker 2: we are being told that there have been over sixty 25 00:01:28,880 --> 00:01:32,440 Speaker 2: seven thousand or sixty seven hundred one was the number. 26 00:01:32,520 --> 00:01:34,200 Speaker 3: Let me look at this up real quick. 27 00:01:34,319 --> 00:01:38,000 Speaker 2: That there were sixties yeah, sixty seven thousand people in 28 00:01:39,200 --> 00:01:43,280 Speaker 2: Gaza killed by the Israelis, And every time they put 29 00:01:43,319 --> 00:01:47,960 Speaker 2: that up there, it's always said according to the Gaza 30 00:01:48,200 --> 00:01:53,360 Speaker 2: Health Ministry, which is controlled by Hamas, which is a 31 00:01:53,440 --> 00:01:57,960 Speaker 2: propaganda arm, and that we don't really have any accurate 32 00:01:58,080 --> 00:01:58,680 Speaker 2: counts of that. 33 00:01:59,480 --> 00:02:00,600 Speaker 3: Now. I'm sorry. 34 00:02:00,680 --> 00:02:04,240 Speaker 2: I hate to be skeptical on people claiming how many 35 00:02:04,280 --> 00:02:07,840 Speaker 2: people were killed, but you would think the way they 36 00:02:07,920 --> 00:02:10,680 Speaker 2: want to work the propaganda is that if there were 37 00:02:11,600 --> 00:02:14,600 Speaker 2: one hundred and fifty people killed at one time, that 38 00:02:14,639 --> 00:02:17,440 Speaker 2: they would have laid the bodies out and shown everybody 39 00:02:17,560 --> 00:02:18,280 Speaker 2: what happened. 40 00:02:18,639 --> 00:02:19,760 Speaker 3: We haven't seen that. 41 00:02:20,240 --> 00:02:23,840 Speaker 2: We keep hearing reports that, oh, two hundred were killed, 42 00:02:23,880 --> 00:02:27,079 Speaker 2: three hundred were killed. Now it's up to sixty seven thousand. 43 00:02:27,560 --> 00:02:28,440 Speaker 3: Where's the proof. 44 00:02:29,600 --> 00:02:33,160 Speaker 2: There is no independent verification of that, and the spoon 45 00:02:33,240 --> 00:02:36,959 Speaker 2: fed regurgitators in the mainstream media keep talking about that. 46 00:02:37,520 --> 00:02:43,080 Speaker 2: Now the hostage is being released. Twenty remaining living hostages. 47 00:02:43,680 --> 00:02:47,640 Speaker 2: Now Hamas said that they had the bodies of twenty 48 00:02:47,680 --> 00:02:52,960 Speaker 2: eight others that were dead. Guess what, Israel has come out. 49 00:02:53,520 --> 00:02:55,480 Speaker 2: They came out, they went in to get the bodies. 50 00:02:55,600 --> 00:02:59,720 Speaker 2: They came back with only four. The ministry says, we 51 00:02:59,840 --> 00:03:02,720 Speaker 2: just don't know where those other twenty four are. And 52 00:03:02,800 --> 00:03:08,240 Speaker 2: yet Israel as part of this will do anything for peace. Now, 53 00:03:08,240 --> 00:03:10,600 Speaker 2: I want to back up here to the nineteen nineties. 54 00:03:11,040 --> 00:03:14,000 Speaker 2: There was a proposal from the Palestinians that they wanted 55 00:03:14,000 --> 00:03:17,519 Speaker 2: their homeland, that they wanted all this area turned over 56 00:03:17,600 --> 00:03:22,160 Speaker 2: to them. Mind you, this was areas that had been 57 00:03:22,240 --> 00:03:25,360 Speaker 2: taken from Jordan in a time of war, taken from 58 00:03:25,440 --> 00:03:28,480 Speaker 2: Syria in a time of war, and taken from Egypt 59 00:03:28,520 --> 00:03:30,960 Speaker 2: in a time of war as a buffer zone for 60 00:03:31,120 --> 00:03:34,440 Speaker 2: the Israelis in order for them to protect themselves from 61 00:03:34,480 --> 00:03:38,600 Speaker 2: these countries that constantly wanted to attack them. But Palestine, 62 00:03:38,640 --> 00:03:42,440 Speaker 2: the Palestinian authority at the time, wanted that territory as 63 00:03:42,480 --> 00:03:46,120 Speaker 2: part of their group Gaza gol On Heights, West Bank. 64 00:03:46,960 --> 00:03:51,760 Speaker 2: Israel gave them ninety eight percent of that territory and 65 00:03:51,800 --> 00:03:55,680 Speaker 2: a peace offering. They reached out their hand and the 66 00:03:55,720 --> 00:04:00,440 Speaker 2: Palestinians slapped it away. They wanted one hundred percent percent 67 00:04:00,520 --> 00:04:03,000 Speaker 2: or nothing. And I remember at the time I went 68 00:04:03,040 --> 00:04:06,440 Speaker 2: to a function where they were talking about what. 69 00:04:06,520 --> 00:04:07,800 Speaker 3: Was going on in the Middle East. 70 00:04:07,880 --> 00:04:11,040 Speaker 2: And I went and it was put on by, of 71 00:04:11,080 --> 00:04:15,720 Speaker 2: all things, Xavier University, and it was supposedly this It 72 00:04:15,800 --> 00:04:18,040 Speaker 2: was billed as what is going on in the Middle 73 00:04:18,080 --> 00:04:21,120 Speaker 2: East at this time and what peace offerings are there. 74 00:04:21,560 --> 00:04:27,279 Speaker 2: The only people representing there were some academics and a 75 00:04:27,320 --> 00:04:30,719 Speaker 2: bunch of people who supported Palestine. And I'm in this 76 00:04:30,920 --> 00:04:33,320 Speaker 2: room and I'm like an idiot. I raised my hand 77 00:04:33,400 --> 00:04:35,960 Speaker 2: up after they were talking about all this, and I said, 78 00:04:36,400 --> 00:04:39,000 Speaker 2: all I'm hearing about is what's going on as far 79 00:04:39,040 --> 00:04:42,080 Speaker 2: as the Palestinians are concerned. You would think that if 80 00:04:42,080 --> 00:04:44,320 Speaker 2: you're going to hold a seminar in a symposium, that 81 00:04:44,360 --> 00:04:46,599 Speaker 2: you would at least have some of the Israelis up there. 82 00:04:46,920 --> 00:04:50,280 Speaker 2: And you could have heard a pin drop. I was thinking, 83 00:04:50,320 --> 00:04:52,479 Speaker 2: I'm not going to get out of here, but I went. 84 00:04:52,760 --> 00:04:55,479 Speaker 2: I had a conversation with the lady afterwards and she 85 00:04:55,640 --> 00:04:58,919 Speaker 2: was telling me that, well, what you don't understand is 86 00:04:59,040 --> 00:05:01,720 Speaker 2: the way the Palestine Indians negotiate, no matter what you 87 00:05:01,839 --> 00:05:06,040 Speaker 2: offer them, their first response is no, And I said, well, 88 00:05:06,279 --> 00:05:08,640 Speaker 2: I'll tell you what we're supposed to understand you, but 89 00:05:08,720 --> 00:05:11,320 Speaker 2: you don't understand us. When you tell us no, no 90 00:05:11,480 --> 00:05:14,599 Speaker 2: means no and we walk away, where's the understanding on 91 00:05:14,640 --> 00:05:16,760 Speaker 2: the other part. So this is the kind of things 92 00:05:16,800 --> 00:05:19,320 Speaker 2: that I have seen as far as all this stuff 93 00:05:19,360 --> 00:05:20,520 Speaker 2: being experienced over. 94 00:05:20,400 --> 00:05:22,360 Speaker 3: The last well for the last decades. 95 00:05:22,560 --> 00:05:27,080 Speaker 2: Finally there was this peace agreement supposedly with Hamas, and 96 00:05:27,160 --> 00:05:30,240 Speaker 2: yet even with them saying that they are going to 97 00:05:30,279 --> 00:05:33,839 Speaker 2: release all twenty eight of the hostages that are dead, 98 00:05:34,160 --> 00:05:35,360 Speaker 2: they've only released four. 99 00:05:36,040 --> 00:05:39,960 Speaker 3: I'll get this, not only do we get does the 100 00:05:40,000 --> 00:05:40,560 Speaker 3: world get? 101 00:05:40,600 --> 00:05:46,160 Speaker 2: Does Israel get twenty eight hostage or twenty twenty twenty 102 00:05:46,360 --> 00:05:50,200 Speaker 2: living hostages and four dead bodies? Twenty four? What did 103 00:05:50,240 --> 00:05:56,360 Speaker 2: Israel give up? They are releasing? Get this, seventeen hundred 104 00:05:56,520 --> 00:06:01,880 Speaker 2: Palestinians who were convicted of terror over the last several years. 105 00:06:02,240 --> 00:06:07,360 Speaker 2: Those are being released Israel because they want peace. They 106 00:06:07,400 --> 00:06:13,400 Speaker 2: will give up seventeen hundred prisoners to get twenty four. 107 00:06:13,680 --> 00:06:14,920 Speaker 3: That's how much. 108 00:06:14,760 --> 00:06:19,040 Speaker 2: They value lives of Israeli's citizens that they will give 109 00:06:19,120 --> 00:06:22,400 Speaker 2: up every spec of land that they can possibly give up. 110 00:06:22,800 --> 00:06:25,520 Speaker 2: Ninety eight percent back in the nineties of what the 111 00:06:25,560 --> 00:06:31,720 Speaker 2: Palestinians wanted, and even seventeen hundred hostages prisoners. Actually, I 112 00:06:31,760 --> 00:06:34,719 Speaker 2: guarantee you they're not being returned to Hamas, over to 113 00:06:34,839 --> 00:06:37,200 Speaker 2: Gaza and emaciated bodies. 114 00:06:37,360 --> 00:06:39,600 Speaker 3: This is what Israel is up against there. 115 00:06:40,040 --> 00:06:43,000 Speaker 2: One percent of the territory over there, of all the 116 00:06:43,160 --> 00:06:47,920 Speaker 2: entire Arab nations, one percent of the territory there is 117 00:06:48,880 --> 00:06:52,039 Speaker 2: held by Israel. And that's not enough for some of 118 00:06:52,080 --> 00:06:56,440 Speaker 2: these knuckleheads over there. They want Israel obliterated from the map, 119 00:06:56,760 --> 00:07:00,520 Speaker 2: and hopefully with Hamas being decimated, they will not be 120 00:07:00,560 --> 00:07:03,760 Speaker 2: able to rebuild and they'll be peace in the Middle East. 121 00:07:03,800 --> 00:07:07,039 Speaker 2: I get this, okay, over the weekend. Imagine any other 122 00:07:07,120 --> 00:07:11,040 Speaker 2: president being able to do this. Sunday afternoon, Donald Trump 123 00:07:11,120 --> 00:07:13,720 Speaker 2: hops on a plane, flies all the way over to 124 00:07:13,720 --> 00:07:16,440 Speaker 2: the Middle East, gives the speech. Before you know, he 125 00:07:16,480 --> 00:07:18,480 Speaker 2: wants to be there for the signing and to the 126 00:07:18,480 --> 00:07:21,960 Speaker 2: return of these hostages. He was invited by Benjamin Etnahu, 127 00:07:22,040 --> 00:07:25,720 Speaker 2: Prime Minister of Israel. He delivered a speech to the 128 00:07:25,920 --> 00:07:30,440 Speaker 2: Israeli Kanesset, which is their congress, and then flies over 129 00:07:30,480 --> 00:07:34,480 Speaker 2: to Egypt for this peace summit of the Arab nations, 130 00:07:34,800 --> 00:07:38,080 Speaker 2: one other president has that kind of stamina that can 131 00:07:38,440 --> 00:07:43,160 Speaker 2: go fly what halfway around the world, what about an 132 00:07:43,240 --> 00:07:46,840 Speaker 2: eight hour time difference, and yet be able to function 133 00:07:46,920 --> 00:07:49,280 Speaker 2: at a high level and just keep going and then 134 00:07:49,320 --> 00:07:52,520 Speaker 2: go from Israel over to Egypt for another peace summit 135 00:07:52,680 --> 00:07:56,200 Speaker 2: and to coordinate what's going on there. It is just 136 00:07:56,400 --> 00:08:00,600 Speaker 2: absolutely amazing the stamina this man has. The fact that 137 00:08:00,880 --> 00:08:04,280 Speaker 2: nobody wants to give him credit for that, and yet well, 138 00:08:04,400 --> 00:08:08,240 Speaker 2: as we saw on Friday, the Nobel Peace Committee gives 139 00:08:08,640 --> 00:08:13,880 Speaker 2: doesn't even recognize his efforts. It's just absolutely unbelievable. But 140 00:08:13,960 --> 00:08:18,720 Speaker 2: the fact that the Israelis have actually acquired this and 141 00:08:18,880 --> 00:08:24,840 Speaker 2: attained this hopefully, hopefully that this peace will break out there, 142 00:08:25,400 --> 00:08:27,960 Speaker 2: and that the other because a lot of this didn't 143 00:08:28,000 --> 00:08:32,080 Speaker 2: come about on its own, because not only did Israel 144 00:08:32,160 --> 00:08:36,079 Speaker 2: have to put the pressure on Hamas by decimating their 145 00:08:36,160 --> 00:08:40,840 Speaker 2: people or decimating the leadership, but the other Arab countries 146 00:08:40,880 --> 00:08:45,320 Speaker 2: around Arab of Saudi Arabia, Egypt, all the other countries 147 00:08:45,520 --> 00:08:49,160 Speaker 2: said look, we're tired of this crap and we're getting 148 00:08:49,200 --> 00:08:51,880 Speaker 2: to the point where we just aren't going to support 149 00:08:51,920 --> 00:08:54,640 Speaker 2: you anymore. And you guys have got to come to 150 00:08:54,360 --> 00:08:56,959 Speaker 2: the table and do some o an agreement, and if 151 00:08:57,000 --> 00:08:59,440 Speaker 2: this works and we have peace in the Middle East, 152 00:08:59,720 --> 00:09:03,040 Speaker 2: this will be one of the biggest steps in all 153 00:09:03,240 --> 00:09:07,640 Speaker 2: of history, not just recent history, but all of all history. 154 00:09:08,080 --> 00:09:13,360 Speaker 2: We are truly living in some unprecedented times. I'm Kevin Gordon, 155 00:09:13,400 --> 00:09:16,400 Speaker 2: America's Trucking Network seven hundred WLW. 156 00:09:17,400 --> 00:09:20,480 Speaker 1: I need this is the breathing record on America's Trucking 157 00:09:20,559 --> 00:09:22,920 Speaker 1: Network on seven hundred WLW. 158 00:09:23,640 --> 00:09:26,400 Speaker 4: Denny Hamlin scored a devotional victory Sunday and claimed a 159 00:09:26,440 --> 00:09:30,040 Speaker 4: significant career milestone with his dramatic victory in the South 160 00:09:30,080 --> 00:09:33,560 Speaker 4: Point four hundred at Las Vegas Motor Speedway. Hamlin passed 161 00:09:33,600 --> 00:09:36,200 Speaker 4: two cars in the final ten laps and ultimately took 162 00:09:36,240 --> 00:09:39,480 Speaker 4: the lead from his Joe Gibbs Racing teammate Chase Brisco, 163 00:09:39,880 --> 00:09:42,360 Speaker 4: then held off Kyle Larson at the end to claim 164 00:09:42,400 --> 00:09:45,760 Speaker 4: his series' best sixth win of the season, the sixtieth 165 00:09:45,800 --> 00:09:49,160 Speaker 4: of his career, and the victory also secures Hamlin as 166 00:09:49,200 --> 00:09:52,720 Speaker 4: part of the Championship four headed to Phoenix November two, 167 00:09:53,080 --> 00:09:56,480 Speaker 4: looking for his first title shot since twenty twenty one. 168 00:09:57,000 --> 00:09:59,960 Speaker 5: All the factors I just can't imagine there's a win 169 00:10:00,080 --> 00:10:03,040 Speaker 5: and bigger for me than this one, just with all 170 00:10:03,280 --> 00:10:09,719 Speaker 5: you know, with the family, with the significance of it, 171 00:10:09,800 --> 00:10:13,280 Speaker 5: you know, you know, now being back on top. 172 00:10:13,080 --> 00:10:17,920 Speaker 3: For most wins in the season, punching the ticket to 173 00:10:17,960 --> 00:10:18,640 Speaker 3: the four. 174 00:10:18,800 --> 00:10:20,920 Speaker 5: It's all of it all, you know, the fashion in 175 00:10:20,920 --> 00:10:22,560 Speaker 5: which the last ten lasts played out. 176 00:10:22,960 --> 00:10:25,760 Speaker 3: All the above is why I think this means the most. 177 00:10:26,080 --> 00:10:29,160 Speaker 4: An NTT IndyCar Teams test took place Bundy at the 178 00:10:29,160 --> 00:10:33,000 Speaker 4: Indianapolis Motor Speedway road Course. Among the drivers taking part 179 00:10:33,040 --> 00:10:36,600 Speaker 4: included Mick Schumacher for Ray Hall, Letterman Lantic Good Racing 180 00:10:36,840 --> 00:10:40,360 Speaker 4: also taking part, whereas A J Fort Racing, Andretti Global, 181 00:10:40,600 --> 00:10:45,120 Speaker 4: dale Coin Racing and Ed Carpenter Racing teams we need. 182 00:10:45,120 --> 00:10:48,480 Speaker 1: This is the raething repard on America's drugging network on 183 00:10:48,640 --> 00:10:50,840 Speaker 1: seven hundred WLW. 184 00:10:50,760 --> 00:10:53,880 Speaker 4: Say Dennis and ATN you ever wonder how far an 185 00:10:53,880 --> 00:10:55,839 Speaker 4: EV can take you on one charge? 186 00:10:56,240 --> 00:10:58,920 Speaker 2: Well, most people drive about forty miles a day, which 187 00:10:58,920 --> 00:10:59,599 Speaker 2: is seven. 188 00:10:59,360 --> 00:11:01,960 Speaker 3: One hundred WLW, thanks for listening. 189 00:11:02,280 --> 00:11:07,319 Speaker 2: In addition, here's another wrinkle that now kind of interesting 190 00:11:07,360 --> 00:11:10,920 Speaker 2: to look at with the hostages being released yesterday on 191 00:11:11,000 --> 00:11:14,880 Speaker 2: October the thirteenth. Mind you, this was on the same day, 192 00:11:14,920 --> 00:11:17,600 Speaker 2: and as Phil Flynn pointed out in his Energy report, 193 00:11:17,720 --> 00:11:20,600 Speaker 2: and I didn't nobody else had mentioned this that I 194 00:11:20,679 --> 00:11:24,160 Speaker 2: was aware of, that this happened for people of the 195 00:11:24,240 --> 00:11:27,200 Speaker 2: Catholic faith. If you are familiar with our Lady of 196 00:11:27,240 --> 00:11:30,760 Speaker 2: Fatima and the miracles that you performed there and appearing 197 00:11:30,800 --> 00:11:37,680 Speaker 2: before these Portuguese young women or the girl and the boys, 198 00:11:38,600 --> 00:11:42,720 Speaker 2: was it, I think nineteen seventeen that there were these 199 00:11:42,800 --> 00:11:47,240 Speaker 2: doubts as to whether these apparitions actually happened. And on 200 00:11:47,280 --> 00:11:53,600 Speaker 2: October the thirteenth, this miracle of the Sun, the dancing Sun. 201 00:11:53,800 --> 00:11:59,880 Speaker 2: October the thirteenth, twenty nineteen seventeen marked the marian At 202 00:12:00,000 --> 00:12:03,840 Speaker 2: apparition and Fatima, the day on which thousands of people 203 00:12:04,080 --> 00:12:07,360 Speaker 2: more than seventy thousand bore witness to the miracle of 204 00:12:07,400 --> 00:12:10,920 Speaker 2: the Dancing Sun, a miracle that shattered the prevalent belief 205 00:12:10,960 --> 00:12:13,959 Speaker 2: at the time that God was no longer relevant. 206 00:12:14,480 --> 00:12:17,400 Speaker 3: Now, what happened on that day is that there had 207 00:12:17,440 --> 00:12:20,960 Speaker 3: been rain all during the day, and then when the 208 00:12:21,000 --> 00:12:25,960 Speaker 3: blessed virgins appeared to these children, the sky started clearing 209 00:12:26,120 --> 00:12:29,280 Speaker 3: and there was this cloudy, thin veil over the sun. 210 00:12:29,440 --> 00:12:32,000 Speaker 3: So what people could actually look at the sun without 211 00:12:32,120 --> 00:12:35,840 Speaker 3: you know, having the sun's effect in their eyes, and 212 00:12:35,920 --> 00:12:39,640 Speaker 3: it appeared as though the Sun started moving around, and 213 00:12:39,679 --> 00:12:42,600 Speaker 3: at one point act it looked like it was heading 214 00:12:42,640 --> 00:12:44,800 Speaker 3: towards the Earth and then backed off. 215 00:12:45,160 --> 00:12:47,840 Speaker 2: These seventy thousand people at the time. Now, mind you, 216 00:12:47,920 --> 00:12:52,079 Speaker 2: during nineteen seventeen, this was part during World War One. 217 00:12:52,280 --> 00:12:55,600 Speaker 2: We also had, you know, the movement in Russia where 218 00:12:55,800 --> 00:13:00,400 Speaker 2: the Communists were taking over, and all these philosophers the time, 219 00:13:00,400 --> 00:13:02,360 Speaker 2: we're saying that God is dead, God. 220 00:13:02,200 --> 00:13:03,280 Speaker 3: Is no longer relevant. 221 00:13:03,880 --> 00:13:07,080 Speaker 2: Well, because of this miracle of the dancing Sun, a 222 00:13:07,120 --> 00:13:10,800 Speaker 2: lot of people believed, and atheism was knocked on its butt. 223 00:13:10,920 --> 00:13:13,120 Speaker 3: And there's been all. 224 00:13:13,000 --> 00:13:16,600 Speaker 2: Kinds of explanations, and the scientists are always trying to 225 00:13:16,640 --> 00:13:19,920 Speaker 2: explain how this happened. Well, maybe this was a kind 226 00:13:19,920 --> 00:13:22,960 Speaker 2: of a group hysteria type of thing that all. Well, 227 00:13:23,000 --> 00:13:26,000 Speaker 2: maybe because of the atmosphere, with the way the clouds moved, 228 00:13:26,040 --> 00:13:28,679 Speaker 2: it appeared as though the Sun was moving and all 229 00:13:28,720 --> 00:13:32,480 Speaker 2: this sort of stuff. And yet the skeptics, really it's 230 00:13:32,480 --> 00:13:35,960 Speaker 2: always this theory of what might have happened, not what 231 00:13:36,320 --> 00:13:40,280 Speaker 2: actually happened. And it's amazing that the hostages released on 232 00:13:40,360 --> 00:13:42,240 Speaker 2: that day just a little side note there. I just 233 00:13:42,240 --> 00:13:44,760 Speaker 2: thought i'd bring that up, and thanks to Phil Flynn 234 00:13:45,559 --> 00:13:48,240 Speaker 2: from Price Futures Group, who we've had on the program 235 00:13:48,280 --> 00:13:51,720 Speaker 2: a number of times pointing that out. And I thought 236 00:13:51,720 --> 00:13:55,280 Speaker 2: that was kind of interesting for well, at least for 237 00:13:55,600 --> 00:13:58,800 Speaker 2: the purpose of people or Catholics around the world and 238 00:13:58,920 --> 00:14:02,920 Speaker 2: type of thing. Anyway, We've got some economic data on Friday, 239 00:14:03,320 --> 00:14:09,760 Speaker 2: and again it amazes me how much people will go 240 00:14:09,840 --> 00:14:13,600 Speaker 2: through these these hoops in order to. 241 00:14:14,640 --> 00:14:20,760 Speaker 3: Doubt or pour cold water on good news. And now 242 00:14:20,920 --> 00:14:22,760 Speaker 3: let's get let's just get into the numbers. 243 00:14:22,760 --> 00:14:22,960 Speaker 2: Here. 244 00:14:24,400 --> 00:14:26,640 Speaker 3: I saw this story. This was from Friday. 245 00:14:27,440 --> 00:14:30,760 Speaker 2: The headline US economy growing at the fastest pace in 246 00:14:30,840 --> 00:14:33,400 Speaker 2: nearly two years, and the White House has declared it 247 00:14:33,600 --> 00:14:38,760 Speaker 2: explosive growth. More than ever these days, gauging the health 248 00:14:38,800 --> 00:14:45,520 Speaker 2: of the economy, get this, These are the authors of 249 00:14:45,640 --> 00:14:48,440 Speaker 2: these stories that just boggles my mind. 250 00:14:48,480 --> 00:14:51,600 Speaker 3: You know, you just can't produce a story, you have 251 00:14:51,680 --> 00:14:55,760 Speaker 3: to throw something in there that is just totally ridiculous. 252 00:14:55,800 --> 00:14:57,680 Speaker 3: But here it is. 253 00:14:58,280 --> 00:15:00,720 Speaker 2: More than ever these days, gauging the health of the 254 00:15:00,760 --> 00:15:04,680 Speaker 2: economy is almost like trying to gauge the health of 255 00:15:05,040 --> 00:15:06,640 Speaker 2: Schrodinger's cat. 256 00:15:07,680 --> 00:15:11,080 Speaker 3: Like, what the hell is he talking. 257 00:15:10,680 --> 00:15:15,200 Speaker 2: About so being the curious person I am. I dug 258 00:15:15,240 --> 00:15:16,920 Speaker 2: into that and I said, well, I got to figure 259 00:15:16,920 --> 00:15:17,760 Speaker 2: out what this is. 260 00:15:18,440 --> 00:15:20,280 Speaker 3: All right? Are you ready for this? 261 00:15:21,680 --> 00:15:27,080 Speaker 2: Schrodinger's Cat is a thought experiment that illustrates the concept 262 00:15:27,240 --> 00:15:33,800 Speaker 2: of quantum super position in simple terms. Schrodinger said, now 263 00:15:33,840 --> 00:15:39,200 Speaker 2: get this if you like people that have way too 264 00:15:39,320 --> 00:15:42,120 Speaker 2: much time on their hands, all right, said that if 265 00:15:42,160 --> 00:15:46,240 Speaker 2: you place a cat and something that could kill a cat, 266 00:15:46,280 --> 00:15:49,600 Speaker 2: like a radioactive adam, in a box and seal it, 267 00:15:50,360 --> 00:15:53,280 Speaker 2: you would not know if that cat were dead or 268 00:15:53,360 --> 00:15:57,280 Speaker 2: alive until you open the box, So that until the 269 00:15:57,320 --> 00:16:01,760 Speaker 2: box is open, the cat is both dead and alive. 270 00:16:02,400 --> 00:16:08,680 Speaker 2: This is serious thought from somebody that writes an economic story. 271 00:16:09,080 --> 00:16:12,640 Speaker 2: I mean, first of all, who would run an experiment 272 00:16:12,760 --> 00:16:13,080 Speaker 2: like that? 273 00:16:13,200 --> 00:16:15,920 Speaker 3: And where would Peter be as far as that is concerned. 274 00:16:16,200 --> 00:16:19,720 Speaker 2: And the fact that you're trying to prove a theory 275 00:16:20,080 --> 00:16:24,880 Speaker 2: of two things happening at once by explaining it that way, 276 00:16:24,960 --> 00:16:28,600 Speaker 2: that the cat could actually be alive and dead at 277 00:16:28,640 --> 00:16:33,000 Speaker 2: the same time. This is what passes for, you know, 278 00:16:33,840 --> 00:16:35,160 Speaker 2: brilliant economic thought. 279 00:16:35,200 --> 00:16:36,000 Speaker 3: At this point. 280 00:16:36,520 --> 00:16:39,280 Speaker 2: Depending upon who you talk to, it is both on 281 00:16:39,360 --> 00:16:45,400 Speaker 2: the upswing and trending downward, showing promise that also headed 282 00:16:45,720 --> 00:16:49,360 Speaker 2: for a collapse. So they're saying, at the same time, 283 00:16:49,640 --> 00:16:53,560 Speaker 2: the economy is booming, but certain underlying things means that. 284 00:16:53,560 --> 00:16:54,880 Speaker 3: It's headed towards a collapse. 285 00:16:55,080 --> 00:16:57,880 Speaker 2: Okay, take for example the fact that after months of 286 00:16:57,920 --> 00:17:02,200 Speaker 2: dismal job numbers and recessions, the recent White House press 287 00:17:02,240 --> 00:17:06,639 Speaker 2: release touted the US Bureau of Economic Analysis revision of 288 00:17:06,680 --> 00:17:10,960 Speaker 2: the second quarter GDP numbers as explosive growth for the economy, 289 00:17:11,040 --> 00:17:15,560 Speaker 2: along with positive reactions from various financial experts now key 290 00:17:15,640 --> 00:17:21,639 Speaker 2: phrase here, along with positive reactions from various financial experts. 291 00:17:21,840 --> 00:17:26,320 Speaker 2: The revision in question showed that GDP increased to three 292 00:17:26,440 --> 00:17:30,320 Speaker 2: point eight percent in April through June of this year, 293 00:17:30,560 --> 00:17:34,480 Speaker 2: previously reported at well, the original number was around two 294 00:17:34,520 --> 00:17:37,919 Speaker 2: point eight that was revived in the revised in the 295 00:17:38,000 --> 00:17:43,040 Speaker 2: second revision or the first revision actually at three point 296 00:17:43,040 --> 00:17:47,440 Speaker 2: three and now has been revised upwards to three point eight. Now, 297 00:17:47,440 --> 00:17:50,320 Speaker 2: you may recall last week was talking about all these 298 00:17:50,359 --> 00:17:51,440 Speaker 2: different you know. 299 00:17:51,640 --> 00:17:53,240 Speaker 3: As they yanked the curtain back. 300 00:17:53,320 --> 00:17:56,760 Speaker 2: Now that the government has closed and we start looking 301 00:17:56,800 --> 00:18:01,240 Speaker 2: at how these Bureau of Labor Statistics sent this Bureau 302 00:18:01,840 --> 00:18:06,600 Speaker 2: Commerce Department develops all these studies and these surveys and 303 00:18:06,640 --> 00:18:11,119 Speaker 2: whatever as to the strength of the economy, the unemployment numbers, 304 00:18:11,160 --> 00:18:14,880 Speaker 2: the initial jobless claims that all these things are done 305 00:18:14,920 --> 00:18:20,320 Speaker 2: by receiving surveys from people in the industry, and there 306 00:18:20,400 --> 00:18:22,320 Speaker 2: is I mean, there is a date at which these 307 00:18:22,359 --> 00:18:24,960 Speaker 2: things are supposed to be turned in, but they it 308 00:18:25,040 --> 00:18:29,080 Speaker 2: isn't mandatory. So they do their first estimate based on 309 00:18:29,160 --> 00:18:31,919 Speaker 2: the numbers they have. Then the following month, when they 310 00:18:31,920 --> 00:18:34,520 Speaker 2: get more data than they up that or lower that, 311 00:18:34,560 --> 00:18:38,240 Speaker 2: depending upon what information they get, and then the final revision. 312 00:18:38,280 --> 00:18:42,359 Speaker 2: Before the revision, before the first report of the next quarter, 313 00:18:42,560 --> 00:18:46,440 Speaker 2: they come up with their final estimate. So three point 314 00:18:46,480 --> 00:18:50,480 Speaker 2: eight percent is the GDP for the second quarter. And 315 00:18:50,480 --> 00:18:52,639 Speaker 2: I remember what I've been saying since the beginning of 316 00:18:52,640 --> 00:18:56,280 Speaker 2: the year that in my opinion, by the end of 317 00:18:56,280 --> 00:19:00,560 Speaker 2: this year, we will be seeing economic growth between four 318 00:19:00,560 --> 00:19:04,000 Speaker 2: and a half to five percent, I would say, And 319 00:19:04,320 --> 00:19:07,720 Speaker 2: all these other people at the time, mind you, were 320 00:19:07,760 --> 00:19:09,840 Speaker 2: saying that they were expecting by the end of the 321 00:19:09,920 --> 00:19:16,000 Speaker 2: year our economic growth would be around one point eight percent. Now, 322 00:19:16,400 --> 00:19:19,879 Speaker 2: with the current number at three point eight percent and 323 00:19:20,000 --> 00:19:24,240 Speaker 2: my prediction four point five to five percent, I would 324 00:19:24,240 --> 00:19:26,080 Speaker 2: say that three point eight is a hell of a 325 00:19:26,160 --> 00:19:29,080 Speaker 2: lot closer to that number than the one point eight 326 00:19:29,160 --> 00:19:33,600 Speaker 2: that they predicted. Once again, listen to America's struck A Network. 327 00:19:33,720 --> 00:19:36,080 Speaker 2: You'll be so far ahead of the curve they won't 328 00:19:36,080 --> 00:19:40,840 Speaker 2: even see your tail lights. Now, let's go. The GDP 329 00:19:41,000 --> 00:19:44,040 Speaker 2: growth was driven by slowing of imports and greater increase 330 00:19:44,080 --> 00:19:49,480 Speaker 2: in consumer spending led by transportation, financial and insurance services. 331 00:19:49,800 --> 00:19:52,919 Speaker 2: As such, the White House Press release crow that is 332 00:19:53,000 --> 00:19:55,679 Speaker 2: part of the American's economic resurgent, Well, what else are 333 00:19:55,680 --> 00:19:56,439 Speaker 2: you going to call it? 334 00:19:57,160 --> 00:19:57,480 Speaker 3: Now? 335 00:19:57,520 --> 00:19:59,640 Speaker 2: In his story and I just really want to get 336 00:19:59,640 --> 00:20:02,119 Speaker 2: into the and we'll get into this coming up. What's 337 00:20:02,200 --> 00:20:05,520 Speaker 2: really going on in the economy. I'm Kevin Gordon, America's 338 00:20:05,520 --> 00:20:09,600 Speaker 2: struck At Network seven hundred WLW. 339 00:20:09,400 --> 00:20:17,159 Speaker 6: News Traffic and Weather News Radio seven hundred WLW Cincinnati. 340 00:20:16,720 --> 00:20:19,840 Speaker 7: Good A site being too small make a comeback? Well, 341 00:20:19,840 --> 00:20:22,960 Speaker 7: the twelve to thirty re parts, I'm Ley mawin breaking Now, 342 00:20:23,720 --> 00:20:27,440 Speaker 7: that's what MSA Design states. They're proposing an expansion of 343 00:20:27,480 --> 00:20:30,640 Speaker 7: the Heritage Bank Center site for the new arena. Currently, 344 00:20:30,640 --> 00:20:33,520 Speaker 7: four sites are being considered for Cincinnati's next stadium, and 345 00:20:33,600 --> 00:20:36,480 Speaker 7: the expected price tag is somewhere around eight hundred million 346 00:20:36,520 --> 00:20:39,640 Speaker 7: dollars seventy percent of public funding is expected to help 347 00:20:39,680 --> 00:20:42,760 Speaker 7: push it forward. Some tweaks to nearby roads, the flood 348 00:20:42,800 --> 00:20:45,160 Speaker 7: walls and public lands will give the space six point 349 00:20:45,200 --> 00:20:47,920 Speaker 7: thirty four acres instead of the current four point one 350 00:20:47,920 --> 00:20:51,679 Speaker 7: acre lot. Even if FSA sports ideas aren't used for 351 00:20:51,720 --> 00:20:55,120 Speaker 7: the news the new arena, even their confident, will generate 352 00:20:55,200 --> 00:20:58,160 Speaker 7: ideas for what replaces it in the future. The other 353 00:20:58,240 --> 00:21:01,240 Speaker 7: three sites are the current site of the w CET studios, 354 00:21:01,240 --> 00:21:04,320 Speaker 7: plus the Town Center garage, a parking lot north of 355 00:21:04,359 --> 00:21:07,280 Speaker 7: the Hard Rock Casino, and reclaim land west of the 356 00:21:07,359 --> 00:21:10,040 Speaker 7: Convention Center that will be reclaimed after the Brent Spends 357 00:21:10,119 --> 00:21:11,440 Speaker 7: Bridge project concludes. 358 00:21:12,000 --> 00:21:15,159 Speaker 6: Now the latest forecast from the Train Heating and Cooling 359 00:21:15,200 --> 00:21:19,240 Speaker 6: Weather Center on news Radio seven hundred wl jplication. 360 00:21:18,840 --> 00:21:21,920 Speaker 8: Setting for day break on Tuesday, mostly clear. I've got 361 00:21:21,920 --> 00:21:25,480 Speaker 8: a morning low of fifty degrees. Now for our Tuesday 362 00:21:25,480 --> 00:21:30,240 Speaker 8: at sunshine mild, My highest seventy six at night stays 363 00:21:30,320 --> 00:21:33,840 Speaker 8: clear and drops to fifty two From your severe weather station, 364 00:21:34,280 --> 00:21:39,040 Speaker 8: I'm nine first Warning Chief Meteorologist Steve Rawley, News Radio 365 00:21:39,160 --> 00:21:42,240 Speaker 8: seven hundred WLW. 366 00:21:41,359 --> 00:21:44,440 Speaker 7: Clear in fifty six and for your Bengals fans coming 367 00:21:44,480 --> 00:21:46,800 Speaker 7: out to pay Course Stadium. It's going to be a 368 00:21:46,920 --> 00:21:50,320 Speaker 7: nice Thursday, seventy one degrees as a high, forty eight low, 369 00:21:50,600 --> 00:21:52,919 Speaker 7: and about fifty two degrees when we kick off at 370 00:21:52,920 --> 00:21:56,400 Speaker 7: eight fifteen. That game day forecast built by American Home Tech. 371 00:21:56,680 --> 00:21:59,120 Speaker 7: Your roofs first line of defense starts with American home 372 00:21:59,160 --> 00:22:03,639 Speaker 7: Tech dot Com. Our next update is that one. I'mley Moowen. 373 00:22:03,760 --> 00:22:19,840 Speaker 7: News Radio seven hundred WLW, Cincinnati has a party and. 374 00:22:13,680 --> 00:22:15,960 Speaker 9: Here's your trucking forecast for the Try State and the 375 00:22:16,040 --> 00:22:18,200 Speaker 9: rest of the country. In the Try State, over night, 376 00:22:18,200 --> 00:22:21,360 Speaker 9: clear skies, the low down to fifty Sunday, Tuesday high 377 00:22:21,400 --> 00:22:24,560 Speaker 9: of seventy seven. Wednesday, more sunshine, a high of seventy two, 378 00:22:24,560 --> 00:22:27,880 Speaker 9: and another sunny day Thursday, the high year seventy. Nationally 379 00:22:27,920 --> 00:22:30,720 Speaker 9: along the Atlantic Coast, flooding that's been seen as expected 380 00:22:30,760 --> 00:22:34,320 Speaker 9: to tape off overnight and into Tuesday. Meanwhile, a storm 381 00:22:34,400 --> 00:22:37,679 Speaker 9: system is bringing heavy rain and snow out west, especially 382 00:22:38,040 --> 00:22:39,000 Speaker 9: in California. 383 00:22:41,560 --> 00:22:45,719 Speaker 2: Seven hundred WLW. I'm Kevin Gordon. This is America's Trucking Network. 384 00:22:45,840 --> 00:22:48,960 Speaker 2: America's struck A network supports a mission of race across America. 385 00:22:49,160 --> 00:22:51,880 Speaker 3: You can hear us every truck and Tuesday. 386 00:22:51,520 --> 00:22:54,800 Speaker 2: At five am and ten am Eastern on Race Across 387 00:22:54,840 --> 00:22:59,560 Speaker 2: America Radio, available on the iHeartRadio app. Search the word Reace. 388 00:23:00,080 --> 00:23:05,720 Speaker 2: That's wr eats for Reese Across America Radio. And thank 389 00:23:05,760 --> 00:23:08,360 Speaker 2: you to all our truckers for supporting the mission of 390 00:23:08,880 --> 00:23:11,480 Speaker 2: Across America. And which reminds me too that if you 391 00:23:11,520 --> 00:23:14,160 Speaker 2: miss any of our shows, any of our segments, make 392 00:23:14,160 --> 00:23:17,120 Speaker 2: sure you hit up that iHeartRadio app brought to brought 393 00:23:17,160 --> 00:23:19,240 Speaker 2: to you by your friends at Rush Truck Centers. We 394 00:23:19,320 --> 00:23:24,520 Speaker 2: certainly appreciate that. Okay, getting back to this wonderful, grand 395 00:23:24,560 --> 00:23:29,600 Speaker 2: and glorious particular story, US economy growing at the fastest 396 00:23:29,640 --> 00:23:32,080 Speaker 2: pace in nearly two years, and a White House has 397 00:23:32,160 --> 00:23:37,119 Speaker 2: declared explosive growth. Well, you know, if you have economic 398 00:23:37,160 --> 00:23:40,239 Speaker 2: growth in the ones and twos and it goes up 399 00:23:40,240 --> 00:23:43,359 Speaker 2: to three point eight, I would call that kind of explosive, 400 00:23:44,040 --> 00:23:47,440 Speaker 2: But not if you're a spoonfever regurgitator from the mainstream media. 401 00:23:47,520 --> 00:23:52,520 Speaker 2: All right, so go through this. The economy has grown. Now, 402 00:23:52,960 --> 00:23:56,160 Speaker 2: back when the first cord was announced and the economy 403 00:23:56,240 --> 00:23:59,440 Speaker 2: had grown at eight, well, actually lost a negative point 404 00:23:59,520 --> 00:24:04,119 Speaker 2: six percent. Everybody was going see the economic policies of this. 405 00:24:04,760 --> 00:24:07,360 Speaker 2: The Trump administration is a failure in all this sort 406 00:24:07,400 --> 00:24:07,800 Speaker 2: of stuff. 407 00:24:08,200 --> 00:24:10,200 Speaker 3: Yet everybody except. 408 00:24:09,920 --> 00:24:13,120 Speaker 2: America's struck A network mentioned then pointed out what the 409 00:24:13,200 --> 00:24:16,080 Speaker 2: other what the people were explaining was that the reason 410 00:24:16,200 --> 00:24:20,439 Speaker 2: for that is that ahead of the April second Independence 411 00:24:20,520 --> 00:24:25,040 Speaker 2: Day declared by President Trump, before the tariff started going 412 00:24:25,040 --> 00:24:28,720 Speaker 2: into effect Liberation Day, I'm sorry, Liberation Day, not Independence 413 00:24:29,200 --> 00:24:33,520 Speaker 2: Liberation Day. That on April the second, everybody a lot 414 00:24:33,520 --> 00:24:36,600 Speaker 2: of people were front loading, bringing in all kinds of 415 00:24:36,640 --> 00:24:41,080 Speaker 2: imports ahead of the tariff increase. And the way the 416 00:24:41,080 --> 00:24:45,280 Speaker 2: GDP is calculated is that imports are subtracted from that, 417 00:24:45,960 --> 00:24:48,680 Speaker 2: and that the amount of imports that were subtracted from 418 00:24:48,680 --> 00:24:53,280 Speaker 2: that were so great that that pulled that number down below. 419 00:24:53,080 --> 00:24:55,879 Speaker 3: Negative growth added back. 420 00:24:56,040 --> 00:24:59,720 Speaker 2: If you had taken that part out, the economy would 421 00:24:59,720 --> 00:25:03,960 Speaker 2: have own around two point five to two point eight percent, 422 00:25:04,359 --> 00:25:07,199 Speaker 2: is what it would have done now with that inventory 423 00:25:07,320 --> 00:25:10,560 Speaker 2: having been purchased in the first quarter that was available, 424 00:25:10,600 --> 00:25:12,720 Speaker 2: so a lot of imports didn't have to be done 425 00:25:12,800 --> 00:25:16,240 Speaker 2: in the second quarter, and the inventory that was accumulated 426 00:25:16,640 --> 00:25:19,960 Speaker 2: was all burned off and part of what was purchased, 427 00:25:20,040 --> 00:25:23,000 Speaker 2: and why you have this economy or in the second quarter, 428 00:25:23,240 --> 00:25:26,280 Speaker 2: the GDP number now at three point eight percent. So 429 00:25:26,359 --> 00:25:30,520 Speaker 2: if you average the two of those together negative point 430 00:25:30,560 --> 00:25:34,199 Speaker 2: six and a positive three point eight, you're in the 431 00:25:34,640 --> 00:25:36,840 Speaker 2: three point four percent three point. 432 00:25:38,160 --> 00:25:39,600 Speaker 3: Basically in the three point. 433 00:25:39,359 --> 00:25:43,879 Speaker 2: Two percent, which averaged over the two month is about 434 00:25:43,920 --> 00:25:48,119 Speaker 2: one point six one point eight percent. So again with 435 00:25:48,240 --> 00:25:53,159 Speaker 2: these economic experts so far talking about this now in 436 00:25:53,240 --> 00:25:57,240 Speaker 2: his story, as I finished the previous segment, what's. 437 00:25:57,080 --> 00:25:58,760 Speaker 3: Really going on in the economy. 438 00:25:59,240 --> 00:26:02,320 Speaker 2: Part of the problem been finding consensus on how the 439 00:26:02,359 --> 00:26:05,920 Speaker 2: economy is really doing. Is that the traditional indicators of 440 00:26:05,960 --> 00:26:11,600 Speaker 2: a healthy economy tell a conflicting story. GDP and consumer spending, 441 00:26:11,680 --> 00:26:17,600 Speaker 2: for example, are up yeah, okay, while at the same time, 442 00:26:17,800 --> 00:26:22,480 Speaker 2: employment estimates for September show that the US continues to bleed. 443 00:26:22,320 --> 00:26:25,800 Speaker 3: Jobs, really bleed jobs. 444 00:26:25,840 --> 00:26:32,359 Speaker 2: How you have an economy where by the lessons of 445 00:26:32,400 --> 00:26:37,280 Speaker 2: the pandemic, companies decided that okay, when we had to 446 00:26:37,680 --> 00:26:42,320 Speaker 2: release and terminate all of our employees during the pandemic, 447 00:26:43,119 --> 00:26:48,119 Speaker 2: when we set about reopening, those employees were no longer available. 448 00:26:48,520 --> 00:26:52,119 Speaker 2: Some of the employees that decided that, well, because of 449 00:26:52,240 --> 00:26:56,040 Speaker 2: all the freebies being handed out and the extensions of 450 00:26:56,960 --> 00:27:02,359 Speaker 2: some of these unemployment numbers, and also the Recovery Act. 451 00:27:02,520 --> 00:27:07,800 Speaker 2: These checks that were going out to people, stimulus checks 452 00:27:07,800 --> 00:27:10,280 Speaker 2: that were going out at the time, people were looking 453 00:27:10,320 --> 00:27:13,119 Speaker 2: at what they were making versus what they were getting 454 00:27:13,160 --> 00:27:17,040 Speaker 2: on unemployment, and these stimulus checks for not working. 455 00:27:17,600 --> 00:27:19,720 Speaker 3: Said I can't afford to go back to work. 456 00:27:20,480 --> 00:27:24,360 Speaker 2: And then you have people that were unavailable because when 457 00:27:24,400 --> 00:27:27,360 Speaker 2: they were laid off or their jobs were terminated during 458 00:27:27,400 --> 00:27:31,760 Speaker 2: the plandemic. When they got back and business opened up, 459 00:27:31,960 --> 00:27:35,560 Speaker 2: they went to other positions. So these companies realized that, 460 00:27:35,760 --> 00:27:38,239 Speaker 2: you know, when we had the downturn, when we had 461 00:27:38,640 --> 00:27:41,960 Speaker 2: to eliminate the employees. Part of the problem we saw 462 00:27:42,040 --> 00:27:46,280 Speaker 2: in the recovery after the plandemic was that you didn't 463 00:27:46,480 --> 00:27:48,960 Speaker 2: there weren't a lot of qualified people out there to 464 00:27:49,080 --> 00:27:55,880 Speaker 2: fill these positions. I remember vividly going into certain stores, 465 00:27:56,160 --> 00:28:00,000 Speaker 2: any amount of help you could get the sales clerk 466 00:28:00,119 --> 00:28:03,200 Speaker 2: weren't around. You go into restaurants and they had where 467 00:28:03,240 --> 00:28:06,720 Speaker 2: they would normally have three or four servers, they only 468 00:28:06,760 --> 00:28:10,560 Speaker 2: had one or two and they were covering the whole area. 469 00:28:11,040 --> 00:28:11,960 Speaker 3: Service was slow. 470 00:28:12,400 --> 00:28:16,080 Speaker 2: The kitchen was slow because they had inexperienced people in 471 00:28:16,119 --> 00:28:20,080 Speaker 2: the kitchen and so the recovery was rough, and so 472 00:28:20,320 --> 00:28:22,879 Speaker 2: businesses realizing that, they said, we're not going to go 473 00:28:22,960 --> 00:28:25,919 Speaker 2: through that again. We think things are going to turn around. 474 00:28:26,000 --> 00:28:28,719 Speaker 2: We're optimistic that things are going to turn around. So 475 00:28:29,000 --> 00:28:31,840 Speaker 2: we're not going to be hiring a bunch of people, 476 00:28:32,400 --> 00:28:34,840 Speaker 2: and we're not going to be firing any people. 477 00:28:35,320 --> 00:28:37,160 Speaker 3: So what we are is in kind. 478 00:28:36,960 --> 00:28:42,560 Speaker 2: Of a stagnation type of situation. When he says in 479 00:28:42,680 --> 00:28:47,080 Speaker 2: here that continues to bleed jobs, well, if we're bleeding jobs, 480 00:28:47,280 --> 00:28:50,800 Speaker 2: if people are getting laid off, then the unemployment rate 481 00:28:50,840 --> 00:28:54,720 Speaker 2: would go up. The unemployment rate had been at four 482 00:28:54,760 --> 00:28:59,720 Speaker 2: point two percent under the Biden administration, dip down to 483 00:28:59,840 --> 00:29:02,360 Speaker 2: four four point one in the first quarter, and then 484 00:29:02,480 --> 00:29:05,600 Speaker 2: is back up to four point two, almost about four 485 00:29:05,640 --> 00:29:10,520 Speaker 2: point three, and they're claiming that this is the highest 486 00:29:10,560 --> 00:29:15,560 Speaker 2: in over four years. Well, it is where it has been. 487 00:29:16,120 --> 00:29:19,000 Speaker 2: It is not going up, it's not going down. So 488 00:29:19,240 --> 00:29:24,160 Speaker 2: where this abysmal job market is basically right now, what 489 00:29:24,280 --> 00:29:29,360 Speaker 2: the situation is is that for every job opening, there 490 00:29:29,480 --> 00:29:34,560 Speaker 2: is zero point nine eight percent people available for those jobs. 491 00:29:34,800 --> 00:29:36,760 Speaker 2: So there are more jobs than there are people to 492 00:29:36,800 --> 00:29:40,040 Speaker 2: fill those jobs. So I'm not sure where he's coming 493 00:29:40,120 --> 00:29:43,320 Speaker 2: up with this idea. ADP data in a lieu of 494 00:29:43,320 --> 00:29:47,800 Speaker 2: the US the usual US Bureau of Labor statistics, which 495 00:29:47,880 --> 00:29:51,800 Speaker 2: are unavailable during the government shutdown, suggests that private sector 496 00:29:51,960 --> 00:29:56,280 Speaker 2: lost thirty two thousand jobs last month. Now, that is 497 00:29:56,360 --> 00:29:59,480 Speaker 2: private sector numbers, and as we've seen in the past 498 00:29:59,520 --> 00:30:03,120 Speaker 2: and as a been explained in the past, ADP, their 499 00:30:03,240 --> 00:30:07,680 Speaker 2: numbers are part of the numbers that are collected, but 500 00:30:07,800 --> 00:30:12,160 Speaker 2: they are a smaller part and generally aren't as reliable 501 00:30:12,440 --> 00:30:16,080 Speaker 2: as the other job creation numbers that come about. So 502 00:30:16,960 --> 00:30:20,760 Speaker 2: bake banking on that is not really an excellent thing 503 00:30:20,840 --> 00:30:25,520 Speaker 2: to do. That's following the month's dismal BLS report, which 504 00:30:25,600 --> 00:30:29,000 Speaker 2: was from the previous month that showed that the economy 505 00:30:29,000 --> 00:30:33,120 Speaker 2: had only added twenty two thousand jobs. Again, when you're 506 00:30:33,160 --> 00:30:36,920 Speaker 2: talking about businesses that are holding on to their employees 507 00:30:37,520 --> 00:30:41,040 Speaker 2: because they don't want to lose those employees when things 508 00:30:41,080 --> 00:30:45,520 Speaker 2: turn around and the economy booms, and I'll keep saying this, 509 00:30:46,320 --> 00:30:49,960 Speaker 2: the thing that's holding back our economy is high interest rates. 510 00:30:50,560 --> 00:30:54,040 Speaker 2: You keep hearing story after story of where people they're 511 00:30:54,240 --> 00:30:56,520 Speaker 2: wanting to jump in and buy a new car, they're 512 00:30:56,560 --> 00:31:02,040 Speaker 2: wanting to buy those durable goods companies want to expand. 513 00:31:02,080 --> 00:31:05,080 Speaker 2: They want to buy new machinery. They want to add 514 00:31:05,120 --> 00:31:08,800 Speaker 2: on to their buildings so they can manufacture or wholesale 515 00:31:08,840 --> 00:31:12,800 Speaker 2: more stuff. Retailers are wanting to expand, but they can't 516 00:31:12,840 --> 00:31:14,520 Speaker 2: expand because it's going to take money. 517 00:31:14,560 --> 00:31:15,840 Speaker 3: They're going to have to borrow money. 518 00:31:16,120 --> 00:31:19,520 Speaker 2: Kids, young people are sitting on the sidelines, wanting to 519 00:31:19,600 --> 00:31:22,640 Speaker 2: jump into the housing market, but because interest rates are 520 00:31:22,640 --> 00:31:25,680 Speaker 2: so high, they're sitting on the sidelines. Some people that 521 00:31:25,760 --> 00:31:28,719 Speaker 2: have houses are looking at what their current mortgage is 522 00:31:28,920 --> 00:31:31,160 Speaker 2: and they don't want to take on a mortgage that's 523 00:31:31,320 --> 00:31:34,719 Speaker 2: twice what their current mortgage is, so they're staying put. 524 00:31:34,920 --> 00:31:37,600 Speaker 2: So you've got fewer houses on the market because these 525 00:31:37,680 --> 00:31:41,000 Speaker 2: people aren't moving, and so you have these things being 526 00:31:41,040 --> 00:31:43,880 Speaker 2: held back. And when you look at our interest rates 527 00:31:44,320 --> 00:31:50,240 Speaker 2: compared to the other countries of European Union, Canada, other countries, Japan, 528 00:31:50,880 --> 00:31:54,480 Speaker 2: our interest rates are much higher than theirs. So if 529 00:31:54,480 --> 00:31:57,040 Speaker 2: you want the economy, and every time we read and 530 00:31:57,080 --> 00:32:01,760 Speaker 2: every time Reuter's does the story on how oil prices are, 531 00:32:02,400 --> 00:32:04,440 Speaker 2: they will reference interest rates. 532 00:32:04,760 --> 00:32:07,480 Speaker 3: When the Fed is going to move lower. 533 00:32:07,160 --> 00:32:12,280 Speaker 2: Interest rates stimulates the economy, increases governments, or increases consumer 534 00:32:12,360 --> 00:32:17,600 Speaker 2: spending and adds to more consumption of gasoline. Big surprise there, 535 00:32:17,760 --> 00:32:20,360 Speaker 2: But of course at the Federal Reserve, Lion Jerry Powell 536 00:32:20,400 --> 00:32:23,680 Speaker 2: and the boy boys just don't quite understand that. Coming up, 537 00:32:23,680 --> 00:32:25,760 Speaker 2: we'll finish this up, this particular story and move on 538 00:32:26,120 --> 00:32:29,320 Speaker 2: to some other mischief. I'm Kevin Gordon. America'struck a network 539 00:32:29,400 --> 00:32:34,720 Speaker 2: seven hundred WLW proggressive commercial insurance pretext truck owners with 540 00:32:34,800 --> 00:32:39,680 Speaker 2: specialized coverages for heavy trucks WLW. I'm Kevin Gordon, finishing 541 00:32:39,760 --> 00:32:42,480 Speaker 2: up this particular story. He goes through this, He says, 542 00:32:42,520 --> 00:32:46,280 Speaker 2: one explanation of this story, US economy growing at fastest 543 00:32:46,320 --> 00:32:48,920 Speaker 2: paced in nearly two years. The White House has declared 544 00:32:48,960 --> 00:32:51,560 Speaker 2: at explosive growth. And then later on the story says, 545 00:32:51,560 --> 00:32:54,680 Speaker 2: what's really going on in the economy, because you've got 546 00:32:54,720 --> 00:32:58,880 Speaker 2: the tale of two cities basically that certain economic numbers 547 00:32:58,960 --> 00:33:02,080 Speaker 2: are pointing to one and others are pointing in others. 548 00:33:02,120 --> 00:33:05,840 Speaker 2: And the only other dismal, the only dismal part of 549 00:33:05,880 --> 00:33:10,520 Speaker 2: the economy that he's talking about is jobs and job creation. Well, again, 550 00:33:10,680 --> 00:33:13,800 Speaker 2: if companies are not hiring and they're not firing, that's 551 00:33:13,840 --> 00:33:16,480 Speaker 2: a good thing because if people aren't getting laid off, 552 00:33:16,520 --> 00:33:19,400 Speaker 2: the unemployment rate isn't going up. He says in here, 553 00:33:19,600 --> 00:33:23,000 Speaker 2: one explanation for the mixed economics signals is that the 554 00:33:23,080 --> 00:33:27,560 Speaker 2: rising consumer spending is only being driven by a small 555 00:33:27,760 --> 00:33:32,480 Speaker 2: percentage of the highest income earners. I'm going to throw 556 00:33:32,520 --> 00:33:34,800 Speaker 2: a little question out there for everybody, and of course 557 00:33:34,840 --> 00:33:38,120 Speaker 2: you can't respond, but be certainly interested to see this. 558 00:33:38,240 --> 00:33:41,280 Speaker 2: If we could a little show of hands, what do 559 00:33:41,280 --> 00:33:46,400 Speaker 2: you consider somebody that is wealthy? How much of an 560 00:33:46,480 --> 00:33:50,000 Speaker 2: income do you think that is considered wealthy. Let me 561 00:33:50,040 --> 00:33:51,680 Speaker 2: just throw that out there and let that simmer for 562 00:33:51,720 --> 00:33:55,080 Speaker 2: a moment. They're talking about that. The data showed that 563 00:33:55,160 --> 00:33:59,120 Speaker 2: the bottom eighty percent of people that are not they're basically, 564 00:33:59,240 --> 00:34:02,400 Speaker 2: you know, spending with they're normally spending. But the high 565 00:34:02,480 --> 00:34:05,280 Speaker 2: income earners are the people that are doing most of 566 00:34:05,320 --> 00:34:08,120 Speaker 2: the consumer spending, which when I read that led me, 567 00:34:08,200 --> 00:34:11,399 Speaker 2: I mean just before I even read any further, led 568 00:34:11,440 --> 00:34:14,120 Speaker 2: me to believe that, or led me to think about, well, 569 00:34:14,280 --> 00:34:19,440 Speaker 2: the stuff that we're seeing people buying groceries, clothing, retail 570 00:34:19,640 --> 00:34:22,319 Speaker 2: and so on, I you know, people going out to 571 00:34:22,360 --> 00:34:27,720 Speaker 2: dinner and so on. Anecdotally, I keep talking about how 572 00:34:28,000 --> 00:34:32,120 Speaker 2: you know, Our station is located away across the street 573 00:34:32,160 --> 00:34:36,080 Speaker 2: from a major mall, and almost every time you look 574 00:34:36,120 --> 00:34:39,000 Speaker 2: over there, it's almost like every day it's Christmas. 575 00:34:39,040 --> 00:34:42,240 Speaker 3: The Christmas season. That mall is packed. 576 00:34:42,719 --> 00:34:45,360 Speaker 2: When I drive around in northern Kentucky and look at 577 00:34:45,400 --> 00:34:48,880 Speaker 2: the different malls or the different shopping centers on Saturdays 578 00:34:48,880 --> 00:34:54,160 Speaker 2: and Sundays, they're packed, Restaurants are packed. And where you 579 00:34:54,200 --> 00:34:59,080 Speaker 2: know where this consumer spending isn't happening. I'm not sure 580 00:34:59,360 --> 00:35:02,960 Speaker 2: that I read they're into this. The data shows that 581 00:35:03,880 --> 00:35:08,640 Speaker 2: anyone making under one hundred and seventy five thousand dollars 582 00:35:08,680 --> 00:35:12,800 Speaker 2: a year, they're just getting by or they're just spending 583 00:35:12,840 --> 00:35:17,080 Speaker 2: on what they're spending. So according to what these people 584 00:35:17,160 --> 00:35:20,920 Speaker 2: are considering, So when you hear when you hear the 585 00:35:21,000 --> 00:35:26,160 Speaker 2: people talk about that the tax breaks in this blah 586 00:35:26,200 --> 00:35:30,080 Speaker 2: blah blah blah blah is only done for the richest 587 00:35:30,120 --> 00:35:33,719 Speaker 2: people in this country one hundred and seventy eight one 588 00:35:33,760 --> 00:35:36,920 Speaker 2: hundred and seventy five thousand dollars a year. When you 589 00:35:37,000 --> 00:35:45,680 Speaker 2: take into consideration possibly two teachers or two people from 590 00:35:45,760 --> 00:35:51,480 Speaker 2: a family, the husband wife working. That is about where 591 00:35:51,880 --> 00:35:53,200 Speaker 2: people's incomes are. 592 00:35:54,560 --> 00:35:55,719 Speaker 3: And to say. 593 00:35:55,440 --> 00:35:59,960 Speaker 2: That that is considered wealthy and that that is where 594 00:36:00,000 --> 00:36:05,239 Speaker 2: where the tax breaks are going to the wealthiest among us. Well, 595 00:36:05,320 --> 00:36:08,719 Speaker 2: I would say that if you know to me that 596 00:36:08,880 --> 00:36:13,120 Speaker 2: in my opinion, that is in about what would classify 597 00:36:13,200 --> 00:36:16,719 Speaker 2: as in these days of middle class. And the fact that, 598 00:36:16,760 --> 00:36:21,720 Speaker 2: I mean, you cannot compare if people are not working 599 00:36:22,000 --> 00:36:25,799 Speaker 2: and refuse to work and are on welfare or on 600 00:36:26,560 --> 00:36:28,320 Speaker 2: And you know, one of the other things that people 601 00:36:28,320 --> 00:36:33,080 Speaker 2: aren't talking about enough is the fact that after the pandemic, 602 00:36:34,000 --> 00:36:38,440 Speaker 2: how many people have claimed that they have health related 603 00:36:38,640 --> 00:36:46,640 Speaker 2: issues as relates as a consequence of getting COVID and 604 00:36:46,719 --> 00:36:49,319 Speaker 2: that they you know, they just cannot seem to get 605 00:36:49,360 --> 00:36:53,640 Speaker 2: it together enough to work, or some of the people that. 606 00:36:53,560 --> 00:36:57,320 Speaker 3: Have gotten the JAB that are. 607 00:36:57,320 --> 00:37:02,320 Speaker 2: Having health issues and can't work, the amount of supplemental income, 608 00:37:02,400 --> 00:37:06,960 Speaker 2: the people that are claiming disability nobody. I'm gonna have 609 00:37:06,960 --> 00:37:09,239 Speaker 2: to do a little digging on this, but the numbers 610 00:37:09,320 --> 00:37:12,760 Speaker 2: and right after the pandemic, up to the first couple 611 00:37:12,760 --> 00:37:16,960 Speaker 2: of well year year and a half, those numbers were astronomical. 612 00:37:17,080 --> 00:37:19,239 Speaker 2: Now I don't know if those numbers have fallen off 613 00:37:19,520 --> 00:37:21,879 Speaker 2: or meet more people have jumped on there. But when 614 00:37:21,920 --> 00:37:25,400 Speaker 2: you look at our labor participation rate and how it 615 00:37:25,440 --> 00:37:28,240 Speaker 2: has come down. It has come down as a result 616 00:37:28,320 --> 00:37:32,120 Speaker 2: of a lot of people claiming disability as a result 617 00:37:32,160 --> 00:37:33,600 Speaker 2: of the pandemic. 618 00:37:34,200 --> 00:37:37,360 Speaker 3: So the fact that that end. 619 00:37:37,200 --> 00:37:42,640 Speaker 2: Of the of the spectrum, if they're getting governments subsistence 620 00:37:43,840 --> 00:37:46,920 Speaker 2: and you've got them consuming, and then you've got the middle, 621 00:37:47,239 --> 00:37:50,799 Speaker 2: you've got what they consider poor consuming, and. 622 00:37:50,760 --> 00:37:52,479 Speaker 3: Then you have the upper with the rich. 623 00:37:52,560 --> 00:37:55,120 Speaker 2: You know, anything over one hundred and seventy five thousand dollars, 624 00:37:55,960 --> 00:37:58,160 Speaker 2: that's where the bulk of the spending is coming from. 625 00:37:59,040 --> 00:38:01,360 Speaker 2: And when you go to the grocery store, I just 626 00:38:02,040 --> 00:38:04,200 Speaker 2: I'm sorry, I don't see it. 627 00:38:05,840 --> 00:38:06,160 Speaker 3: Again. 628 00:38:06,640 --> 00:38:08,759 Speaker 2: Going back to I want to mention the fact that 629 00:38:08,840 --> 00:38:12,880 Speaker 2: over the weekend, my wife was up in northern Ohio, 630 00:38:13,120 --> 00:38:17,680 Speaker 2: northwestern Ohio. Her son was out of town or our 631 00:38:17,719 --> 00:38:21,839 Speaker 2: son was out of town for the weekend, and so 632 00:38:22,280 --> 00:38:26,560 Speaker 2: she was up there house sitting and with their daughter 633 00:38:27,560 --> 00:38:31,799 Speaker 2: and driving up there. The amount of traffic that I 634 00:38:31,880 --> 00:38:34,680 Speaker 2: saw to go pick her up and driving back, the 635 00:38:34,760 --> 00:38:37,480 Speaker 2: number of trucks on the road. She was telling me 636 00:38:37,560 --> 00:38:39,800 Speaker 2: that over the weekend or on Saturday, that went to 637 00:38:39,840 --> 00:38:43,680 Speaker 2: the mall up there, and she said it was it 638 00:38:43,760 --> 00:38:46,960 Speaker 2: was busy, so we're talking. You know, I only have 639 00:38:47,120 --> 00:38:51,040 Speaker 2: my experience, my anecdotal evidence from what I see here 640 00:38:51,040 --> 00:38:54,520 Speaker 2: in the Greater since Northern Kentucky area. But when you 641 00:38:54,560 --> 00:38:58,919 Speaker 2: look at the business activity in northwest Ohio, that's yes, 642 00:38:59,000 --> 00:39:03,839 Speaker 2: it's still anecdotal evidence. But I don't see people slowing down. 643 00:39:04,080 --> 00:39:09,040 Speaker 2: When we have these reports about retail sales unexpectedly being higher. 644 00:39:10,120 --> 00:39:14,359 Speaker 2: That isn't all done by the rich and super rich. 645 00:39:14,880 --> 00:39:17,799 Speaker 2: That's got to be done by somebody. And for the 646 00:39:17,840 --> 00:39:19,960 Speaker 2: fact that him pointing this out that oh well, this 647 00:39:20,120 --> 00:39:22,759 Speaker 2: is just the people that are doing the most of 648 00:39:22,760 --> 00:39:24,879 Speaker 2: the spending are the wealthiest among us. 649 00:39:24,960 --> 00:39:25,799 Speaker 3: I'm not buying it. 650 00:39:26,360 --> 00:39:29,000 Speaker 2: Then I keep hearing about inflation, you know, people keep 651 00:39:29,000 --> 00:39:33,000 Speaker 2: talking about inflating. I've heard more conversations about people talking 652 00:39:33,000 --> 00:39:37,040 Speaker 2: about how high prices grocery prices and so on, and 653 00:39:37,120 --> 00:39:40,080 Speaker 2: the question I have and every time this has come up, 654 00:39:40,120 --> 00:39:42,160 Speaker 2: I've asked them, how do they shop? 655 00:39:43,000 --> 00:39:44,600 Speaker 3: But I just go in and I buy stuff. 656 00:39:45,440 --> 00:39:48,520 Speaker 2: Do you not pay attention to the sales the stuff 657 00:39:48,560 --> 00:39:51,279 Speaker 2: that's on sale in particular week. Now, when I want it, 658 00:39:51,320 --> 00:39:54,839 Speaker 2: I just go on and I get it. And when 659 00:39:54,960 --> 00:39:58,720 Speaker 2: you do that, yeah, you're going to notice a high 660 00:39:59,080 --> 00:40:02,319 Speaker 2: value of stuff, because if you look at some of 661 00:40:02,360 --> 00:40:04,799 Speaker 2: these things at the grocery shelves the way that I 662 00:40:04,880 --> 00:40:08,440 Speaker 2: look at them, they are up one week, then they 663 00:40:08,440 --> 00:40:11,239 Speaker 2: go on sale the following week, and it seems like 664 00:40:11,360 --> 00:40:14,640 Speaker 2: every couple of weeks those items go on sale. And 665 00:40:15,239 --> 00:40:18,160 Speaker 2: if you are going and you're buying what you're going 666 00:40:18,239 --> 00:40:21,200 Speaker 2: to buy during when the prices are high, yeah, it's 667 00:40:21,200 --> 00:40:24,200 Speaker 2: going to appear that way. But I've heard more talk 668 00:40:24,239 --> 00:40:29,399 Speaker 2: about inflation and more talk about people struggling as far 669 00:40:29,440 --> 00:40:33,560 Speaker 2: as seeing high prices than I did back in twenty 670 00:40:33,640 --> 00:40:37,719 Speaker 2: twenty two, when we had inflation in the month of 671 00:40:37,800 --> 00:40:41,200 Speaker 2: June at nine point two percent. Let's do a little 672 00:40:41,200 --> 00:40:44,719 Speaker 2: bit of a history lesson here. For twenty twenty one, 673 00:40:44,760 --> 00:40:50,080 Speaker 2: in the first year of the Biden presidency, annual inflation 674 00:40:50,360 --> 00:40:54,799 Speaker 2: was at seven percent. Annual inflation in twenty twenty two 675 00:40:55,280 --> 00:40:59,759 Speaker 2: six point five percent, twenty twenty three three point four. 676 00:41:00,320 --> 00:41:02,600 Speaker 2: For the entire month of twenty twenty four, or the 677 00:41:02,880 --> 00:41:05,600 Speaker 2: entire year of twenty twenty four was down at two 678 00:41:05,640 --> 00:41:11,120 Speaker 2: point nine percent. And I saw a story yesterday, actually 679 00:41:11,239 --> 00:41:16,560 Speaker 2: yesterday that said, well, inflation is on the rise. Inflation 680 00:41:17,000 --> 00:41:21,520 Speaker 2: is higher than it was last year. Yeah, the inflation 681 00:41:21,760 --> 00:41:26,400 Speaker 2: last year was at two point nine percent, and with 682 00:41:27,040 --> 00:41:30,040 Speaker 2: what October November three more months of the year, well, 683 00:41:30,080 --> 00:41:32,640 Speaker 2: actually basically two and a half more months of the year, 684 00:41:33,440 --> 00:41:38,600 Speaker 2: it is projected that inflation will be two point nine 685 00:41:39,080 --> 00:41:43,480 Speaker 2: two percent. So, yeah, two point nine last year and 686 00:41:43,520 --> 00:41:47,000 Speaker 2: then two point nine two now, Yeah, that inflation is 687 00:41:47,080 --> 00:41:50,640 Speaker 2: really going out of control. Nobody was talking about inflation 688 00:41:50,760 --> 00:41:53,080 Speaker 2: in twenty twenty one, and now all of a sudden 689 00:41:53,160 --> 00:41:56,920 Speaker 2: people want to talk about inflation. And yet when you 690 00:41:56,960 --> 00:41:59,160 Speaker 2: look at the numbers, when you delve into the numbers 691 00:41:59,200 --> 00:42:02,319 Speaker 2: and you see where and what is going up, what's 692 00:42:02,400 --> 00:42:08,239 Speaker 2: going down, what the experts are telling us is not 693 00:42:08,719 --> 00:42:11,600 Speaker 2: what the facts are. Well, folks, that does it frus. 694 00:42:11,600 --> 00:42:13,480 Speaker 2: Stay tuned for Red Eye Radio Top of the Hour. 695 00:42:13,640 --> 00:42:20,840 Speaker 2: I'm Kevin Gordon, america'struck in Network seven hundred WLW. 696 00:42:18,960 --> 00:42:26,719 Speaker 6: News Traffic and Weather News Radio seven hundred WLW Cincinnati. 697 00:42:27,040 --> 00:42:30,200 Speaker 7: Into the fourteenth day of the government shutdown and no 698 00:42:30,320 --> 00:42:33,280 Speaker 7: relief in sight. Well the top of the Hour report, 699 00:42:33,520 --> 00:42:35,279 Speaker 7: I'm Lee Mawan breaking now