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Speaker 1: Can't find a M six forty.

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Speaker 2: You're listening to the John Cobelt podcast on the iHeartRadio app.

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Speaker 3: It's the John Cobalt Show. Lou Penrose in for John

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Speaker 3: Cobelt today. Good to have you along with us. Blowing

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Speaker 3: past expectations. That's the headline from the announcement today of

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Speaker 3: the GDP report, blowing back past expectations. The gross domestic

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Speaker 3: product of the United States grew a lot more than

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Speaker 3: was expected.

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Speaker 1: Ashley feels right for The Hill.

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Speaker 3: The headline in The Hill Trump credits tariffs for surprising

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Speaker 3: robust economic growth.

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Speaker 1: Ashley, thanks for spending time with us.

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Speaker 3: The numbers are surprisingly larger than what was expected, and

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Speaker 3: like nobody was even close, so there's no way to

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Speaker 3: spin this away from a huge Trump Christmas present.

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Speaker 4: Right, Well, thank you so much for having me. As

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Speaker 4: you mentioned, the economy grew. It grew by four point

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Speaker 4: three percent, with an increase in exports and consumer spending

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Speaker 4: ahead of the holiday season, according to the Commerce Department.

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Speaker 4: And this is something the President said is due to

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Speaker 4: new trade rates, so a lot.

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Speaker 1: Of I'm a long time protectionist.

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Speaker 3: I have been a huge fan of tariffs in the past,

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Speaker 3: and I was very alone in the Republican Party. It

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Speaker 3: was probably just me a couple of protectionist Democrats from

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Speaker 3: the Midwest. Now you have a president that is a

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Speaker 3: huge proponent of tariffs. The tariffs take time, right, because

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Speaker 3: the goal is to either other countries pay a premium

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Speaker 3: to sell their products to us, or there is an

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Speaker 3: incentive for companies to reshore manufacturing to the United States.

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Speaker 3: Both works for the American taxpayer and the American worker,

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Speaker 3: but it takes time.

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Speaker 1: Could the tariffs have kicked in this level of growth this.

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Speaker 4: Quickly while at first the country was seeing not gained

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Speaker 4: but losses, But as you mentioned, as they began to

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Speaker 4: sit in, we're seeing growth. And this means that the

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Speaker 4: output of goods and services grows from about three point

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Speaker 4: eight percent growth rate from the April to June quarter

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Speaker 4: according to the Associated Press. And so, as you mentioned,

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Speaker 4: it takes some times for things to be hammered out.

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Speaker 4: But as you did say, the American economy is growing

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Speaker 4: and it's great for the American tax player.

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Speaker 1: So what's the mood on the hill.

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Speaker 3: I don't know how many members of the House or

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Speaker 3: Senate are even there the day before Christmas Eve, but

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Speaker 3: certainly staff are around and Agency members are around.

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Speaker 5: Uh.

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Speaker 3: Is there is there like resignation from from Trump opponents?

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Speaker 3: Is there a resignation that his policies are in fact

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Speaker 3: working as he as he promised.

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Speaker 4: There has been a large focus on this, especially from

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Speaker 4: the Republican Party. See, people are wondering what they should

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Speaker 4: do with all of this extra money, and tariff rebate

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Speaker 4: checks are something that has been heavily considered within the GOP.

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Speaker 4: Some people are saying that tariff rebate checks should go

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Speaker 4: to farmers who we know are starting to see losses

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Speaker 4: based on the fact that their purchasers from overseas countries

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Speaker 4: including China and others have you know, began to take

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Speaker 4: a step away from purchasing products from American growers due

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Speaker 4: to tariffs. But others are recommending that they go to

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Speaker 4: American families, as you said, as an extra Christmas give.

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Speaker 4: The Trump administration has said it will consider this, but

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Speaker 4: nothing is set in stone right now. Critics right now

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Speaker 4: have been given crickets though there's not a lot on

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Speaker 4: that end as far as what lawmakers are saying about

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Speaker 4: tariffs other than that they might be illegal, and we

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Speaker 4: are waiting right now for the Supreme Court to rule

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Speaker 4: on whether Trump has the authority to impose these tariffs

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Speaker 4: without the approval from Congress.

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Speaker 3: You mentioned crickets from the opponents. Okay, we're three hundred

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Speaker 3: and fifteen days until the November mid term election. I

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Speaker 3: get that things politically will quiet down a bit as

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Speaker 3: we go through the holiday season, but then the season begins,

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Speaker 3: the political season begins. The biggest weapon Democrats had polling

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Speaker 3: wise against the against the administration was affordability.

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Speaker 1: He wasn't doing enough.

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Speaker 3: To deliver affordability headlines like these, Take that weapon. Take

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Speaker 3: that tool out of the Democrat toolbox. Is there any

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Speaker 3: chatter about where Democrats are going to go? Now, where's

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Speaker 3: the next hammer that they use to hit the administration.

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Speaker 4: The really big topic right now has been healthcare and

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Speaker 4: healthcare costs. As we know, subsidies are expiring at the

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Speaker 4: end of the year, and there's been a stalemate between

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Speaker 4: Reclublicans and Democrats, and so that's a major concern for

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Speaker 4: the American people. Look, we've already seen Marjorie Taylor Green

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Speaker 4: take a step out there and you know, give pushback

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Speaker 4: to her party based on these healthcare subsidies. So that's

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Speaker 4: a really big deal. But we do know that President Trump,

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Speaker 4: when it comes to the topic of affordability, is continuing

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Speaker 4: to push for that that will reserve to cut interest

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Speaker 4: rates in order to, you know, again prepare for midterm

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Speaker 4: elections and show the affordability is a huge concern for him,

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Speaker 4: just as it is for the American people.

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Speaker 1: I think you're right on that.

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Speaker 3: I think the next big story will be the next

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Speaker 3: potential government shutdown, right because we're going to see our

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Speaker 3: mode here. Continuing resolution and the Obamacare subsidies have been

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Speaker 3: an issue for Democrats and a number of Republicans who

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Speaker 3: have constituents that are expecting those subsidies to be extended.

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Speaker 1: So that's going to be the next fight on the Hill.

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Speaker 1: I think you're right on that.

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Speaker 4: Well.

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Speaker 1: I appreciate coming on.

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Speaker 3: Good news for the American people is always good news

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Speaker 3: for the American people, whether you left right or in

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Speaker 3: the center.

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Speaker 1: Ashley feel from the Hill, Thanks so much for spending

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Speaker 1: time with us.

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Speaker 4: Happy holidays, Happy holidays, Thanks for having me.

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Speaker 3: All right, there's no way to spend It's just like

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Speaker 3: last week when we had the inflation numbers come out

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Speaker 3: and everybody on TV said, look, there's no way to

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Speaker 3: spend this. This is good news for President Trump. These

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Speaker 3: numbers better than expect. The GDP report the same thing.

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Speaker 3: No way to spin it, and it is politically dangerous

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Speaker 3: to get in between the American people and good economic

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Speaker 3: news for the American people. Democrats are in a troublesome

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Speaker 3: spot because they can either stop President Trump's economic policies,

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Speaker 3: which are now proving out to be good for the

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Speaker 3: American people and the American taxpayer, or the other alternative

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Speaker 3: is we can do better. We can grow the GDP

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Speaker 3: even more, we can lower inflation even more, we can

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Speaker 3: bring fuel prices down even more. And that is not

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Speaker 3: a believable political narrative for the contemporary Democrat party.

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Speaker 1: Like nobody believes that.

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Speaker 3: Democrats would do a better job at bringing down energy prices.

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Speaker 3: Nobody believes Democrats would reduce tax burden. Nobody believes Democrats

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Speaker 3: now this group of Democrats would create jobs.

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Speaker 1: There was a.

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Speaker 3: Time when the Democrat Party was in the business of

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Speaker 3: creating American jobs, protecting the American worker, causing wages to

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Speaker 3: rise for the American worker, keeping foreign competition out.

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Speaker 1: No more.

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Speaker 3: So, they really have a short window, a short runway

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Speaker 3: of time to come up with some new hit as

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Speaker 3: we go into the through this holiday season and then

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Speaker 3: effectively in the election cycle, because that's what really begins

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Speaker 3: January February is the election cycle. And of course PROP

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Speaker 3: fifty past year in California. We'll see what other states

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Speaker 3: are doing, will see any of that matters at all,

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Speaker 3: because good economic news is good economic news, and the

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Speaker 3: kind of economic news that we got this.

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Speaker 1: Morning is good for a quarter.

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Speaker 3: Like if RIP, if it dips down after Christmas, then

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Speaker 3: the headline will be that the gross domestic product dropped.

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Speaker 3: But you got a good ninety days of good economic news,

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Speaker 3: and it's going to be very difficult for anybody to

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Speaker 3: spend this any other way, all right, when we come back.

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Speaker 3: It's fun the way these announcements go on business channels,

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Speaker 3: whether it's.

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Speaker 1: CNBC or CNN or Fox Business.

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Speaker 3: Also, there's a lot of discussion because of all this

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Speaker 3: economic news that maybe it's time to resupport the blue

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Speaker 3: collar economy. There's a lot of chatter out there about

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Speaker 3: AI taking away a lot of jobs or replacing a

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Speaker 3: lot of American workers that crunch numbers, and where are

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Speaker 3: these people going to eventually go, or where is the

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Speaker 3: new workforce going to going to going to stem from

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Speaker 3: and blue collar jobs is the one thing that AI

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Speaker 3: cannot replace, they say, So it's an interesting discussion. We'll

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Speaker 3: share it with you. That's all coming up next. Louke

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Speaker 3: Penrose Info John Cobelt on KFI AM six forty Live

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Speaker 3: everywhere on the iHeartRadio app.

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Speaker 6: You're listening to John Cobelt on demand from KFI AM

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Speaker 6: six forty.

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Speaker 3: Louke Penrose in for John coblt today. Good to have

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Speaker 3: you along with us. Well better than expected GDP report.

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Speaker 3: That's the gross domestic product of the United States. Here's

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Speaker 3: how it sounded on Fox Business.

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Speaker 1: Hold on one moment.

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Speaker 7: I want to break this GDP number at four point

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Speaker 7: three percent, much better than expected. We had expectations of

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Speaker 7: a GDP number coming up at three point three percent.

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Speaker 1: Here's how it sounded on CNBC third quarter numbers.

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Speaker 3: We're looking for three point three Zoom, zoom zoom.

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Speaker 1: Four point three percent. Four point three percent. That is

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Speaker 1: a nice jump. Here's how it sounded on CNN. You know,

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Speaker 1: it's a fantastic report. Four point three percent.

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Speaker 2: That's just about as good as GDP numbers get.

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Speaker 3: These numbers are showing the President Trump's trade policy is

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Speaker 3: having a big effect.

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Speaker 1: Big effect.

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Speaker 3: Where do I go to get my apology? Where do

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Speaker 3: I go to get my apology? I have been saying

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Speaker 3: that protectionism is the way to go for the United States.

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Speaker 3: We are so big and so important that we can

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Speaker 3: uniquely afford to protect our American workforce and force other

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Speaker 3: nations to pay a premium, a fee for the privilege

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Speaker 3: of selling in the United States and still be prosperous.

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Speaker 3: And for years I have been lectured to by idiots

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Speaker 3: in the Democrat Party and the Republican Party about how

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Speaker 3: now we have to have free trade. It's got to

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Speaker 3: be free, no tariffs, no obstacles. Market should do all this,

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Speaker 3: no government intervention. I said, this is the only place,

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Speaker 3: as a conservative that I'm in.

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Speaker 1: Favor of big government.

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Speaker 3: Use the government to keep imports out of our country

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Speaker 3: unless we actually need them or are willing to pay

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Speaker 3: more for them, and let Americans make everything. Oh no, lou,

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Speaker 3: that's a tariff thinking that caused the Great Depression.

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Speaker 1: Never heard of smooth Holly.

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Speaker 3: Smooth Holly came after the Great Depression and as an

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Speaker 3: attempt to fix things that were broken.

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Speaker 1: So where do I go to get my apology? Where

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Speaker 1: do all.

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Speaker 3: Us protectionists go to get aropology. Where do all of

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Speaker 3: us that voted for Ross Perot go to get arapology?

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Speaker 3: Remember Ross Paro is against NAFTA. Why if you allow

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Speaker 3: automobiles to be manufactured in Mexicali and then ship up

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Speaker 3: to the United States, Tara free, all the manufacturing of

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Speaker 3: automobiles will go to Mexicali and unemploy all the Americans

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Speaker 3: in Detroit.

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Speaker 1: Guess what? He was right, But not just for the

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Speaker 1: Ford focus.

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Speaker 3: He was right for every single thing, every single thing

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Speaker 3: in your house.

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Speaker 1: So yeah, there was a time it was just me.

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Speaker 3: Like it was me, There was just and by it

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Speaker 3: was by partisan, it was the pro people. Peter Navarro,

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Speaker 3: who will hear from in a moment me. Then Democrat

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Speaker 3: Minority Leader Dick Gepard he was a protectionist too from Missouri,

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Speaker 3: I think. Then Congressman Shared Brown who's now Senator Shared Brown,

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Speaker 3: he was a protectionist. And San Diego Congressman Duncan Hunter

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Speaker 3: he was anti NAFTA.

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Speaker 6: Two.

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Speaker 1: That's it. That's it.

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Speaker 3: You could fit all the people that wanted to protect

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Speaker 3: the American worker in the nineties in one Toyota, Siena

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Speaker 3: and everybody else wanted free.

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Speaker 1: Trade, free trade, gotta have pre trade.

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Speaker 3: Free trade, no tariffs, and all the jobs went overseas,

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Speaker 3: and all the Americans were unemployed, and all the stuff

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Speaker 3: came into the country and it's plastic crap from China.

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Speaker 3: Now President Trump says, you know what, We're slapping tariffs

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Speaker 3: on these imports to try and rejuvenate the American manufacturing economy.

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Speaker 3: And everybody said, that's crazy. Tariffs are attax. Tarifts are attax.

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Speaker 3: Lou He's just slapping a tax on you. Now, when

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Speaker 3: you go and buy something, it'll be more expensive. You're

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Speaker 3: paying the tariff, not that company. What's wrong with you,

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Speaker 3: lou I said, that's not true. Hey, I can choose

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Speaker 3: to not buy it, and b if you make the

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Speaker 3: tariff so high, eventually the manufacturer of whatever you're buying

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Speaker 3: from China says, the hell with it. I'll go back

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Speaker 3: to Ohio and manufacturer there. It'll be more expensive, but

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Speaker 3: not as much more expensive. Well, guess what, the gross

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Speaker 3: domestic product went up from three point three percent to

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Speaker 3: four point three percent.

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Speaker 1: They were expecting three point three percent.

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Speaker 3: They got four point three percent as a result of

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Speaker 3: exports and consumer spending.

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Speaker 1: Think about that.

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Speaker 3: So the GDP of the United States in the last

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Speaker 3: quarter grew and three point three to four point three

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Speaker 3: ain't small. Looks like just one percent one percent of

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Speaker 3: the gross domestic product of the United States, which I

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Speaker 3: think is somewhere along the lines of twenty six trillion dollars.

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Speaker 1: How much that is. That's huge. Three three three to

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Speaker 1: a four to three in radio is huge.

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Speaker 3: So a three to three to a four to three

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Speaker 3: in an economy the size of the United States is

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Speaker 3: staggeringly good.

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Speaker 1: And the president just got started.

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Speaker 3: So I want to know where we go to get

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Speaker 3: our apology, because we were right, those of you that

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Speaker 3: voted for Paro, those of you that wondered, yeah, what

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Speaker 3: if you take the tariffs off, the companies will just

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Speaker 3: ship all the jobs to China and all the Americans

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Speaker 3: will be out of a job. Yeah that sounds right,

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Speaker 3: but I don't know. My congressman says, I have to

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Speaker 3: support free trade. So like for all of you that wondered,

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Speaker 3: your first thought was the right thought, and that is

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Speaker 3: you have to protect the American economy and it will

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Speaker 3: not destroy the American economy.

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Speaker 1: The tariffs helped the.

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Speaker 3: GDP growth was a result of two things. Increased exports

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Speaker 3: by the United States. Right that means we sell to them,

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Speaker 3: they can't sell to us because we stop at erf

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Speaker 3: on them.

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Speaker 1: And you know what, that's okay. We don't have to

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Speaker 1: play fair.

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Speaker 3: This whole idea of you have to play fair in

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Speaker 3: the world stage is foolishness.

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Speaker 1: We don't have to play fair. I want everyone's like, oh,

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Speaker 1: we want to balance playing If you want a level.

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Speaker 3: Playing field, I want such an uneven playing field.

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Speaker 1: Tilted in the direction of the American worker.

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Speaker 3: How when other countries do feel pain when they walk

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Speaker 3: out of those trade negotiations, And that's the kind of

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Speaker 3: people that Trump has negotiating on behalf of the United States.

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Speaker 1: People that make other nations feel.

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Speaker 3: Pain because at the end of the day, we are

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Speaker 3: a consumer economy. We're trying to now reshure a manufacturing economy,

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Speaker 3: but right now we're a consumer economy, which means if

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Speaker 3: you're another country and you don't sell in the United States,

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Speaker 3: you're out of business. If you manufacture a product and

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Speaker 3: it's not on the shelf in the United States, forget it,

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Speaker 3: You're out of business. Good luck sell your ninety nine

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Speaker 3: cents store crap in Panama or Peru. We're the ones

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Speaker 3: that have disposable income. We're the ones that buy stuff

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Speaker 3: just to see if it works. We're the ones that

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Speaker 3: give each other white elephant Christmas gifts, which is plastic

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Speaker 3: craft from China, like where the nation that does that.

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Speaker 3: Because we have disposable income, because we're so much better

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Speaker 3: than the rest of the world.

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Speaker 1: That's what makes us wealthy.

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Speaker 3: So if you want to sell something, you should have

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Speaker 3: to pay a premium for the for the for the

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Speaker 3: luxury of selling it on the shelf in America.

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Speaker 1: And that's what tariffs do.

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Speaker 3: At the same time, they create an incentive for the

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Speaker 3: manufacturing to return to the United States, which is happening,

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Speaker 3: and it's happening rather quickly. Now I don't think it's

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Speaker 3: happening as quickly as this report.

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Speaker 1: I think this report was for the most part.

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Speaker 3: Just economic expansion as a result of the tax cuts,

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Speaker 3: and just good economic news in general, and Americans feeling

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Speaker 3: very comfortable and very confident that Kamala Harris is not

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Speaker 3: president of the United States.

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Speaker 1: So I think that's what's going on here. But it's

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Speaker 1: good news, no question about it.

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Speaker 8: Hey, lou My question is, with these numbers, there's no

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Speaker 8: way to spin it. Love it great news. Can we

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Speaker 8: believe it because there's so much shady just in false

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Speaker 8: reporting and on both sides. How legit are these numbers

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Speaker 8: with the inflation and with this today and is it legit?

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Speaker 8: Can we trust it?

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Speaker 2: Are they real?

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Speaker 8: That's my real question.

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Speaker 3: Oh you can believe it, baby, But it's a good question.

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Speaker 3: When we come back, I'll tell you how you know

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Speaker 3: it's true. Louke Penrose Info John Coblt on KFI AM

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Speaker 3: six forty Live everywhere I'm the iHeartRadio apps.

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Speaker 6: You're listening to John Cobelt on demand from KFI AM sixty.

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Speaker 3: Louke Penrose Info John Cobelt on The John Cobelt Show,

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Speaker 3: talking about the new news out another day, another good

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Speaker 3: news day for the economy.

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Speaker 1: The GDP report. That's the gross domestic product of the

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Speaker 1: U States.

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Speaker 3: That's the sum total of the goods and services we produce,

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Speaker 3: which is north of twenty trillion dollars. And the expectation

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Speaker 3: was it was going to be three point three percent.

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Speaker 3: It came out today at four point three percent.

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Speaker 7: Hold on one moment, I want to break this GDP

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Speaker 7: number at four.

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Speaker 1: Point three percent. Much better than expected, that's right, much

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Speaker 1: better than expected.

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Speaker 3: And they are crediting the growth to the tariff policy

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Speaker 3: by President Trump and consumer spending.

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Speaker 1: Now, if the critics.

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Speaker 3: Of the tariff policy were correct, then it would be

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Speaker 3: a tax on you and you wouldn't spend because everything

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Speaker 3: would be so expensive, and so consumer spending would be down.

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Speaker 1: The opposite happened.

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Speaker 3: You increased your consumer spending and the tariffs brought in revenue,

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Speaker 3: and Americans exported products to other countries as a result

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Speaker 3: of trade deals that President Trump negotiated in exchange for

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Speaker 3: lower tariffs. These nations still have tariffs on their products,

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Speaker 3: just lower.

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Speaker 1: As Trump opened up markets that There's no way to

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Speaker 1: spin it. This is working.

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Speaker 3: This policy works, and if you want to be intellectually honest,

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Speaker 3: you've got to give the president credit.

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Speaker 1: If you want to be an a sayer, be an

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Speaker 1: a sayer.

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Speaker 8: Hey, lou my question is with these numbers, there's no

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Speaker 8: way to spin it. Love it great news? Can we

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Speaker 8: believe it?

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Speaker 5: All? Right?

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Speaker 3: I appreciate the call, and I glean from your tone

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Speaker 3: that you are a supporter. And this is the problem

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Speaker 3: that Republicans have. They truly do have a loser mentality.

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Speaker 3: And I'm not calling you a loser. I'm just saying

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Speaker 3: that there is a right, Lou, I see in front

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Speaker 3: of my eyes, right, these great economic numbers. Do you

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Speaker 3: think it's true? Well, what do bad economic numbers look like?

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Speaker 1: Right?

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Speaker 3: If the economy contracted and the spending was down, you

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Speaker 3: wouldn't doubt or even question the numbers.

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Speaker 1: So why are you doubting or questioning the numbers?

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Speaker 3: Now? Yes, you can believe it. You can believe it

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Speaker 3: with your own eyes. Go look around, go. I mean

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Speaker 3: it's not so much here in California because we pay

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Speaker 3: a dollar.

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Speaker 1: Almost a dollar twenty in taxes.

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Speaker 3: But I was in Orange County last weekend and at

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Speaker 3: the gas station in Huntington Beach, I beat you Warner

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Speaker 3: three eighty nine a gallon in HB three eighty nine

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Speaker 3: a gallon and.

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Speaker 1: A dollar aid. Eighteen of that is tax.

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Speaker 3: And go on your Facebook page and see your friends

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Speaker 3: boasting in other states gasoline under two fifty a gallon

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Speaker 3: two thirty five in Texas.

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Speaker 1: So that's good.

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Speaker 5: Right.

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Speaker 3: Fuel costs are about as reflective of your daily life

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Speaker 3: as anything else, because you got to drive everywhere, and

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Speaker 3: you see, there's no other price of daily life in

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Speaker 3: California that you are reminded of as frequently as how

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Speaker 3: much the cost it's going to be to fill up

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Speaker 3: your car right out in front of the grocery store.

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Speaker 3: They don't have a great big neon sign that has eggs, milk,

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Speaker 3: and steaks right out in front of the TJ Max.

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Speaker 3: They don't have a great big neon sign that says dresses,

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Speaker 3: men's slacks and belts. But every gas station has a

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Speaker 3: great big sign, and there's one on every corner. So

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Speaker 3: it is like one of the best daily economic indicators

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Speaker 3: of things going well or things not going as well.

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Speaker 3: And we are reminded every time we pull up to

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Speaker 3: a gas station or drive by one that things are

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Speaker 3: going well. But that's just one and that's just the

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Speaker 3: fuel that goes in your car. Everything that you have,

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Speaker 3: a truck brought everything that you have. Look around you,

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Speaker 3: everything in your midst A truck brought everything in your house.

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Speaker 3: A truck brought everything at work, a truck brought it.

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Speaker 3: Everything in the grocery store was delivered by a truck.

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Speaker 3: The car you're driving was transported on a truck. So

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Speaker 3: if the cost of those trucks delivering them just running

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Speaker 3: comes down, then the cost of everything in the grocery

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Speaker 3: store comes down.

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Speaker 1: So there were signs everywhere be gay. Well, you have

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Speaker 1: known CLO what you're talking about. You've known nothing about economics.

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Speaker 1: If you think Trump's policies are working, how is it

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Speaker 1: that we went from negative GDP to all of a sudden,

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Speaker 1: Trump complains about it and now we're positive growth. Look

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Speaker 1: around you. You're either out of touch with what's spending

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Speaker 1: or just delusional. The economy is not going.

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Speaker 5: It's a lie.

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Speaker 1: They're cooking the bucks. Oh, they're cooking the books. I

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Speaker 1: love this.

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Speaker 3: If the economy contracted and the numbers were bad, everybody

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Speaker 3: would say Trump sucks and his economy is an economic

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Speaker 3: sense is terrible, and he doesn't know what he's doing,

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Speaker 3: and he never did. If Trump's policies work and the

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00:23:02,680 --> 00:23:06,960
Speaker 3: economy expands three point three percent to four point three percent,

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Speaker 3: blowing past expectations is the headline at the Wall Street Journal, Right.

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Speaker 3: But if if Trump's policies work, then they're cooking the books.

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Speaker 3: That's the lazy man's argument. Sir, You're a lazy man,

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Speaker 3: that's what you are. And I'm delusional. You're living in

439
00:23:29,359 --> 00:23:32,200
Speaker 3: a delusional world. If you think things are not getting better,

440
00:23:32,560 --> 00:23:34,880
Speaker 3: you don't want to accept it. Because it would mean

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Speaker 3: you'd have to admit you were wrong. That's the problem,

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Speaker 3: and I get that, right, there's a little Uh you're

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00:23:42,880 --> 00:23:46,520
Speaker 3: jealous because Trump was right and you had you had

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00:23:46,520 --> 00:23:51,760
Speaker 3: to hate him so much, and now there's you're seeing

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Speaker 3: other people.

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Speaker 1: Saying, wow, lou is right.

447
00:23:55,680 --> 00:23:56,040
Speaker 5: Uh.

448
00:23:56,080 --> 00:23:59,119
Speaker 3: And the numbers speak for themselves, and they just don't start.

449
00:23:59,320 --> 00:24:03,280
Speaker 3: They're not stop getting better. So it's gonna be a

450
00:24:03,280 --> 00:24:05,560
Speaker 3: great twenty twenty six. I don't think you are gonna

451
00:24:05,560 --> 00:24:07,199
Speaker 3: have a great twenty twenty six because I don't think

452
00:24:07,200 --> 00:24:09,560
Speaker 3: anything's gonna make you happy. And if you can't do

453
00:24:09,720 --> 00:24:14,720
Speaker 3: well in these economic conditions, then you can't do well.

454
00:24:14,880 --> 00:24:18,280
Speaker 3: I noticed that in doing talk radio and talking to

455
00:24:18,320 --> 00:24:20,960
Speaker 3: people that like Trump and people that don't like, and

456
00:24:21,000 --> 00:24:22,280
Speaker 3: there is no like and don't like.

457
00:24:22,480 --> 00:24:26,359
Speaker 1: There's lover or hate. And the people that.

458
00:24:27,800 --> 00:24:31,800
Speaker 3: Love Trump are gonna do well in good economic times

459
00:24:31,880 --> 00:24:33,000
Speaker 3: or bad economic times.

460
00:24:34,240 --> 00:24:35,440
Speaker 1: You just get a real sense of that.

461
00:24:35,600 --> 00:24:38,359
Speaker 3: They won't do as well in bad economic times, but

462
00:24:38,400 --> 00:24:41,439
Speaker 3: they're gonna do well. And the people that hate Trump,

463
00:24:41,720 --> 00:24:44,200
Speaker 3: they're not gonna do well no matter what happens.

464
00:24:44,640 --> 00:24:45,920
Speaker 1: The gross domestic product.

465
00:24:45,720 --> 00:24:49,840
Speaker 3: Could have tripled and they're still gonna have a loser life, right.

466
00:24:49,880 --> 00:24:52,439
Speaker 3: Unemployment can go to zero and they still won't be

467
00:24:52,480 --> 00:24:55,760
Speaker 3: able to fight a job. So there is a consistency

468
00:24:55,800 --> 00:24:59,440
Speaker 3: with that, And I'm sure somebody could write an extensive

469
00:24:59,440 --> 00:25:04,200
Speaker 3: psychological the profile on the Trumpeters, but not me, not today.

470
00:25:05,119 --> 00:25:07,960
Speaker 3: Lou Penrose info John Coblt on the John Coblt Show

471
00:25:08,119 --> 00:25:11,640
Speaker 3: on KFI AM six forty Live everywhere on the iHeartRadio app.

472
00:25:12,520 --> 00:25:17,400
Speaker 6: You're listening to John Cobelt on demand from KFI AM sixty.

473
00:25:18,240 --> 00:25:20,680
Speaker 3: Lou Penrose filling it for John Cobelt on the John

474
00:25:20,720 --> 00:25:25,280
Speaker 3: Coblt Show. It's gonna rain already rain falling in other

475
00:25:25,359 --> 00:25:29,320
Speaker 3: parts of California, but a high risk of flash flooding

476
00:25:29,920 --> 00:25:32,960
Speaker 3: has just been issued for southern California for Christmas Eve

477
00:25:33,040 --> 00:25:36,160
Speaker 3: and Christmas Day, strong atmospheric river.

478
00:25:36,520 --> 00:25:37,320
Speaker 1: Are you ready for this?

479
00:25:37,840 --> 00:25:42,320
Speaker 3: You could drive from the Oregon border to San Diego

480
00:25:42,520 --> 00:25:45,960
Speaker 3: near eight hundred and fifty miles and be under a

481
00:25:46,000 --> 00:25:51,560
Speaker 3: floodwatch by the National Weather Service the entire time. So yeah,

482
00:25:52,160 --> 00:25:55,119
Speaker 3: it's gonna rain a lot in California this week. Michael

483
00:25:55,119 --> 00:26:00,359
Speaker 3: Monks is in the isn't KFI Stormwatch Center? Always have

484
00:26:00,359 --> 00:26:03,840
Speaker 3: to rename the newsroom and he'll join us and give

485
00:26:03,880 --> 00:26:06,640
Speaker 3: us an update on the preparations that are being made.

486
00:26:07,240 --> 00:26:11,119
Speaker 3: I saw a notice from the Mayor's office to be prepared.

487
00:26:11,160 --> 00:26:14,080
Speaker 3: The mayor of Los Angeles effectively told us to stay

488
00:26:14,080 --> 00:26:21,760
Speaker 3: home in the ring. And also Governor Gavin Newsom's wife

489
00:26:21,960 --> 00:26:25,800
Speaker 3: always puts a message out on social media, and I'm

490
00:26:25,840 --> 00:26:31,200
Speaker 3: always striking to me, I'm thinking, who like she really

491
00:26:31,200 --> 00:26:35,120
Speaker 3: believes she's like the vice president of California.

492
00:26:35,280 --> 00:26:37,959
Speaker 1: Who You're not in charge of anything, You're married to

493
00:26:38,000 --> 00:26:40,040
Speaker 1: the governor and little else.

494
00:26:40,160 --> 00:26:45,600
Speaker 9: Yeah, Lou, listen, this might not have been appropriate or

495
00:26:45,640 --> 00:26:49,159
Speaker 9: politically correct, say two years ago, and it might not

496
00:26:49,240 --> 00:26:52,360
Speaker 9: even be now, But I just have to say, born

497
00:26:52,440 --> 00:26:56,360
Speaker 9: and raised in California, and there's just a certain amount

498
00:26:56,400 --> 00:26:59,960
Speaker 9: of retardation that has set in to the general popular

499
00:27:00,359 --> 00:27:04,399
Speaker 9: in California, and they just believe anything and they hate

500
00:27:04,400 --> 00:27:07,760
Speaker 9: anything that has to do with Trump TDS.

501
00:27:07,800 --> 00:27:08,679
Speaker 1: I believe they call it.

502
00:27:08,720 --> 00:27:11,640
Speaker 3: There certainly is Trump arrangement syndrome out there. I don't

503
00:27:11,680 --> 00:27:15,720
Speaker 3: think it's as wides better as you think. I think

504
00:27:15,760 --> 00:27:21,000
Speaker 3: most people are waiting and seeing, and that's why these

505
00:27:21,119 --> 00:27:27,280
Speaker 3: numbers are important for people to feel completely their have

506
00:27:27,320 --> 00:27:28,520
Speaker 3: their bias confirmed.

507
00:27:29,840 --> 00:27:30,000
Speaker 1: Right.

508
00:27:30,040 --> 00:27:31,840
Speaker 3: A lot of people that voted for Trump don't tell

509
00:27:31,880 --> 00:27:35,840
Speaker 3: anybody they voted for Trump. Remember, Nixon had the silent majority.

510
00:27:36,400 --> 00:27:40,919
Speaker 3: Trump has the secret majority. Nobody thought he was going

511
00:27:41,000 --> 00:27:45,080
Speaker 3: to win the entire Electoral College, all seven battleground states,

512
00:27:45,359 --> 00:27:46,679
Speaker 3: and the popular vote.

513
00:27:47,760 --> 00:27:48,320
Speaker 1: But he did.

514
00:27:48,800 --> 00:27:53,120
Speaker 3: You know why people were secretive about it, because who

515
00:27:53,119 --> 00:27:55,960
Speaker 3: wants to get their car keyed for having a Trump

516
00:27:55,960 --> 00:27:56,960
Speaker 3: sticker on your car?

517
00:27:57,240 --> 00:28:00,000
Speaker 1: Like, nobody's ever thrown anybody out of a football stadium

518
00:28:00,240 --> 00:28:01,200
Speaker 1: for wearing.

519
00:28:00,920 --> 00:28:04,920
Speaker 3: A a Biden Harris hat or a Harris Waltz hat.

520
00:28:05,840 --> 00:28:07,840
Speaker 3: But you wear and make America greater gad hat it

521
00:28:07,880 --> 00:28:10,080
Speaker 3: doesn't have the word Trump on it, and you'll get

522
00:28:10,080 --> 00:28:15,480
Speaker 3: ejected from the Arizona Cardinals game. So people were just

523
00:28:15,560 --> 00:28:17,280
Speaker 3: quiet about it. They're like, you know what, He's right,

524
00:28:17,680 --> 00:28:19,680
Speaker 3: I don't care what anybody else says. I'm voting for Trump,

525
00:28:19,720 --> 00:28:23,040
Speaker 3: but they don't tell anybody. So Trump had the secret majority.

526
00:28:24,880 --> 00:28:27,600
Speaker 3: And now they are seeing the results of their choice

527
00:28:27,680 --> 00:28:31,200
Speaker 3: and their they're confidence, their their bias is getting confirmed.

528
00:28:31,240 --> 00:28:33,879
Speaker 3: They're like, I knew it and I'm happy to hear it.

529
00:28:34,200 --> 00:28:37,040
Speaker 1: Trump Trump, Trump boy, Howdy, Hey lou.

530
00:28:37,480 --> 00:28:40,000
Speaker 5: Love the show. Glad you're filling in the best way

531
00:28:40,080 --> 00:28:44,760
Speaker 5: to stimulate the economy here in California, lower those gas prices.

532
00:28:44,920 --> 00:28:47,240
Speaker 5: People have to choose whether they're going to put gas

533
00:28:47,320 --> 00:28:52,560
Speaker 5: in their car or buy cheap Chinese plastic. They're going

534
00:28:52,640 --> 00:28:54,040
Speaker 5: to put gas in their car.

535
00:28:54,240 --> 00:28:54,920
Speaker 1: I agree with you.

536
00:28:54,960 --> 00:28:58,240
Speaker 3: Why is that so hard for so many in California

537
00:28:58,280 --> 00:29:02,160
Speaker 3: to understand, so many Democrats in California politics to understand

538
00:29:03,200 --> 00:29:07,440
Speaker 3: the sure fire way to stimulate the economy is to

539
00:29:07,480 --> 00:29:15,240
Speaker 3: lower the cost of doing stuff, right. I mean, I

540
00:29:15,240 --> 00:29:18,800
Speaker 3: can't do anything about the prices in the restaurant. I

541
00:29:18,840 --> 00:29:22,560
Speaker 3: can vote for people in policies that reduce regulation on

542
00:29:22,600 --> 00:29:27,440
Speaker 3: owning a restaurant. Don't vote for policies that raid that wage,

543
00:29:27,880 --> 00:29:31,880
Speaker 3: that raises the labor costs in a restaurant, raises the

544
00:29:31,920 --> 00:29:34,640
Speaker 3: electric bill in a restaurant, raises the rent in the restaurant.

545
00:29:35,040 --> 00:29:37,640
Speaker 3: And vote for people in policies that lower the cost

546
00:29:37,680 --> 00:29:40,080
Speaker 3: of food and hope for the best.

547
00:29:41,040 --> 00:29:43,680
Speaker 1: But if you lower the cost of the fuel to

548
00:29:43,840 --> 00:29:45,520
Speaker 1: drive to the restaurant.

549
00:29:45,280 --> 00:29:48,560
Speaker 3: And the delivery van to deliver all the stuff to

550
00:29:48,600 --> 00:29:51,040
Speaker 3: the restaurant, like that will work?

551
00:29:51,800 --> 00:29:55,400
Speaker 1: How does that not work? And people are still arguing

552
00:29:55,440 --> 00:29:57,000
Speaker 1: here in California.

553
00:29:56,520 --> 00:30:00,800
Speaker 3: In Sacramento about potentially raising the tax on g aline. Again,

554
00:30:01,320 --> 00:30:04,920
Speaker 3: there are Democrats that are excited that fuel costs are

555
00:30:04,960 --> 00:30:10,640
Speaker 3: coming down because it's hiding their tax increase at the pump, right,

556
00:30:10,680 --> 00:30:15,560
Speaker 3: I mean, it's really unfair that Democrats get away with

557
00:30:16,000 --> 00:30:19,760
Speaker 3: having three dollars and eighty nine cents a gallon in California.

558
00:30:19,960 --> 00:30:25,400
Speaker 3: What a dollar eighteen of it is tax So the

559
00:30:25,440 --> 00:30:27,760
Speaker 3: harder Trump works to bring down the cost of fuel,

560
00:30:29,400 --> 00:30:32,680
Speaker 3: the more difficult it is for you to see the

561
00:30:32,720 --> 00:30:35,479
Speaker 3: pain that's being caused by people who want to increase

562
00:30:35,560 --> 00:30:36,280
Speaker 3: the price of fuel.

563
00:30:36,360 --> 00:30:37,320
Speaker 1: Yeah, you're absolutely right.

564
00:30:37,400 --> 00:30:42,800
Speaker 3: It's the simplest way, And why it's not done more frequently,

565
00:30:42,840 --> 00:30:45,840
Speaker 3: I'll never know. But it's being done now, and that's

566
00:30:45,840 --> 00:30:49,560
Speaker 3: a direct result of domestic exploration of our own fuel.

567
00:30:49,960 --> 00:30:51,680
Speaker 1: We have our own fuel.

568
00:30:52,360 --> 00:30:54,720
Speaker 3: So why not put Americans to work digging it up

569
00:30:54,760 --> 00:30:58,400
Speaker 3: out of the ground, Americans to work refining it, and

570
00:30:58,520 --> 00:30:59,760
Speaker 3: Americans to work.

571
00:30:59,760 --> 00:31:03,880
Speaker 1: Getting it to the gas station. We have always been

572
00:31:04,360 --> 00:31:07,400
Speaker 1: a very affordable energy country.

573
00:31:07,560 --> 00:31:11,320
Speaker 3: So one of the secrets to Americans American success over

574
00:31:11,360 --> 00:31:15,320
Speaker 3: the centuries is we had great geographics.

575
00:31:15,760 --> 00:31:18,760
Speaker 1: Right, We have two oceans, lots of.

576
00:31:18,760 --> 00:31:24,160
Speaker 3: Ports, you're just warm water ports, no big storms, not problems,

577
00:31:24,280 --> 00:31:27,200
Speaker 3: a lot of places for ships to come in. We

578
00:31:27,320 --> 00:31:30,800
Speaker 3: have an incredible rail system in the United States, and

579
00:31:30,880 --> 00:31:33,880
Speaker 3: there's a great big river right through the right through

580
00:31:33,880 --> 00:31:36,480
Speaker 3: the middle of the United States from the sea.

581
00:31:36,400 --> 00:31:36,720
Speaker 1: The St.

582
00:31:36,760 --> 00:31:40,480
Speaker 3: Lawrence Seaway all the way through the Mississippi River, and

583
00:31:40,720 --> 00:31:44,000
Speaker 3: ships and barges can navigate it. It's really really great

584
00:31:44,080 --> 00:31:47,320
Speaker 3: geographics for a country that wants to become a superpower.

585
00:31:47,720 --> 00:31:52,840
Speaker 3: Then you've got freedom that helps you have capitalism where

586
00:31:52,880 --> 00:31:56,000
Speaker 3: people want to make money. There's an incentive for you

587
00:31:56,040 --> 00:31:59,160
Speaker 3: to make money, work harder, make even more money, lower taxes,

588
00:31:59,240 --> 00:32:00,000
Speaker 3: keep more of your money.

589
00:32:00,640 --> 00:32:02,840
Speaker 1: That works.

590
00:32:03,480 --> 00:32:05,640
Speaker 3: Right, and you have like the American work ethic and

591
00:32:05,720 --> 00:32:07,560
Speaker 3: kind of the American entrepreneurial spirit.

592
00:32:08,080 --> 00:32:11,760
Speaker 1: So we had everything we've always needed to do well,

593
00:32:13,200 --> 00:32:14,240
Speaker 1: and now we're doing well.

594
00:32:15,400 --> 00:32:18,360
Speaker 3: And the energy costs and all the raw materials are here.

595
00:32:18,440 --> 00:32:22,040
Speaker 3: The energy is here, the raw energy is here. And look,

596
00:32:22,160 --> 00:32:24,200
Speaker 3: I like that fuel costs are down. But I think

597
00:32:24,240 --> 00:32:26,920
Speaker 3: we should explore for everything. I think we should open

598
00:32:27,000 --> 00:32:33,880
Speaker 3: up exploration, coal, shale, you know, fracking, whatever you want

599
00:32:33,880 --> 00:32:36,400
Speaker 3: to do, I don't have. If you want a windmill,

600
00:32:36,600 --> 00:32:39,440
Speaker 3: then you know put aside some make sure it's not

601
00:32:39,800 --> 00:32:40,600
Speaker 3: an eye sore.

602
00:32:41,320 --> 00:32:42,320
Speaker 1: But if you want to.

603
00:32:42,400 --> 00:32:45,840
Speaker 3: Buy open land in Nevada and put windmills on it

604
00:32:45,920 --> 00:32:48,800
Speaker 3: and generate electricity and sell it, go for it.

605
00:32:48,840 --> 00:32:51,600
Speaker 1: I have no problem with it. Ethanol, mute and all

606
00:32:52,720 --> 00:32:54,640
Speaker 1: all the new fangled energies, whatever you want.

607
00:32:55,120 --> 00:32:57,840
Speaker 3: Let's just get it all out of the ground and

608
00:32:57,920 --> 00:33:01,040
Speaker 3: into the marketplace and into the grid, and let's produce.

609
00:33:01,880 --> 00:33:05,320
Speaker 3: Because we can't cure cancer if we can't turn on

610
00:33:05,440 --> 00:33:07,360
Speaker 3: the electricity at the laboratory.

611
00:33:07,760 --> 00:33:12,240
Speaker 1: So we need energy to be productive Americans. And that's

612
00:33:12,280 --> 00:33:13,959
Speaker 1: what energy exploration is all about.

613
00:33:14,200 --> 00:33:16,360
Speaker 3: And you're seeing just a little bit of how great

614
00:33:16,400 --> 00:33:19,560
Speaker 3: it is at the pump. All right, Michael Monks from

615
00:33:19,560 --> 00:33:21,480
Speaker 3: the KFI and newsroom. Who's gonna give us an update

616
00:33:21,520 --> 00:33:23,719
Speaker 3: on the storm. We'll get that next, Lou Penrose. If

617
00:33:23,720 --> 00:33:26,840
Speaker 3: a John Coblt on KFI AM six forty live everywhere

618
00:33:27,080 --> 00:33:28,160
Speaker 3: on the iHeartRadio app.

619
00:33:28,200 --> 00:33:31,080
Speaker 2: Hey, you've been listening to the John Coblt Show podcast.

620
00:33:31,120 --> 00:33:33,600
Speaker 2: You can always hear the show live on KFI AM

621
00:33:33,640 --> 00:33:36,640
Speaker 2: six forty from one to four pm every Monday through Friday,

622
00:33:36,640 --> 00:33:39,960
Speaker 2: and of course anytime on demand on the iHeartRadio app,