WEBVTT - Have We Forgotten Democrat Misrule? 0:00:00.960 --> 0:00:15.600 You are entering the freedom hunt more good economic news, 0:00:15.640 --> 0:00:19.480 which of course upsets Democrats. They are rooting for a recession. 0:00:19.520 --> 0:00:23.119 They're looking for a narrative to use against Trump coming 0:00:23.200 --> 0:00:25.680 up in the election. We'll get into that, and also 0:00:25.880 --> 0:00:29.200 how upset the left has become. That looks like Trump 0:00:29.400 --> 0:00:31.680 is going to be building that wall after all. We've 0:00:31.680 --> 0:00:34.720 got that a more coming up Freestyle Friday in a moment. 0:00:35.360 --> 0:00:39.040 This is the Buck Sexton Show, where the mission or 0:00:39.120 --> 0:00:43.240 mission is to decode what really matters with actionable intelligence. 0:00:45.440 --> 0:00:48.440 Make no mistake American? Ready, great, You're a great American? 0:00:48.520 --> 0:00:56.400 Again The Buck Sexton Show begins. Analyst, he's a great guy. No, 0:00:58.680 --> 0:01:01.880 I think I'm the hood. These job numbers were very powerful, 0:01:02.040 --> 0:01:08.400 consumer confidence, absolute blowout. We've seen a little softness in production, 0:01:09.040 --> 0:01:13.360 variable goods and cap spending. That happens along a cycle. 0:01:13.720 --> 0:01:16.039 You know, you go up and down. As a rule 0:01:16.080 --> 0:01:21.000 of thumb, back of the envelope. Real GDP equals productivity 0:01:21.360 --> 0:01:24.959 plus employment growth. That gets you to over three percent 0:01:25.120 --> 0:01:29.800 right now. So if we remove some of the monetary 0:01:29.800 --> 0:01:34.200 obstacles and we continue our incentives with low tax rates 0:01:34.280 --> 0:01:38.280 and rollback of regulations and cheap and planetful energy. I'm 0:01:38.280 --> 0:01:41.240 going to play this on the bullish side. We're not 0:01:41.360 --> 0:01:45.000 forecasting or expecting a recession. Incoming data for the United 0:01:45.000 --> 0:01:48.240 States suggest that the most likely outcome outlook for the 0:01:48.280 --> 0:01:52.080 United States economy is still moderate growth, a strong labor market, 0:01:52.080 --> 0:01:54.800 and inflation continuing to move back up. The labor market 0:01:54.840 --> 0:01:58.560 continues to strengthen, so the consumers in good shape. And 0:01:58.960 --> 0:02:03.360 really there's our main expectation is not at all that 0:02:03.400 --> 0:02:06.840 there'll be a recession. Welcome to the Buck Sexton Show. 0:02:06.840 --> 0:02:10.760 Everybody there. You have an overview what's going on the economy, 0:02:10.800 --> 0:02:13.639 which is to most people, when they talk about politics, 0:02:13.639 --> 0:02:17.280 they really care about how politics are affecting their pocketbooks, 0:02:17.360 --> 0:02:21.640 their ability to pay their bills, the sense they have 0:02:21.800 --> 0:02:26.920 of optimism for the future based on sending kids to 0:02:26.960 --> 0:02:31.560 school and paying the mortgage, buying food, car payments. All 0:02:31.600 --> 0:02:33.440 that's going really well. As Trump put it just a 0:02:33.440 --> 0:02:36.760 few hours ago in a tweet, the economy is great. 0:02:37.400 --> 0:02:41.160 The only thing adding to uncertainty is the fake news. 0:02:42.840 --> 0:02:44.360 I love it when he calls them the fake news 0:02:44.360 --> 0:02:48.160 because they deserve it, and the President won't back down 0:02:48.200 --> 0:02:51.800 from it despite how enraged it makes them and the 0:02:51.880 --> 0:02:55.720 President is right, in my opinion, to continue to hold 0:02:55.720 --> 0:02:57.760 their feet to the fire and call it like he 0:02:57.800 --> 0:03:00.840 sees it. But now let's just dig in for a moment. 0:03:01.040 --> 0:03:04.280 I have a concern. This is really just me sharing 0:03:04.320 --> 0:03:09.640 with all of you my worries for twenty twenty and 0:03:09.720 --> 0:03:12.639 for the way that this is all going to shake out. 0:03:12.680 --> 0:03:14.799 I know it's very early in the game. It's not 0:03:14.960 --> 0:03:18.119 even not even twelve months. It's now thirteen months out, 0:03:18.360 --> 0:03:22.359 or in a part of me, fourteen months out. But 0:03:22.720 --> 0:03:25.960 we are already seeing the formation of core narratives. And 0:03:27.000 --> 0:03:30.000 one thing that I can't get rid of is, at 0:03:30.080 --> 0:03:34.160 least in my mind right now, maybe the American people 0:03:34.200 --> 0:03:37.640 have forgotten what it's like when you have an administration 0:03:37.680 --> 0:03:40.280 and a presidency that doesn't know what it's doing with 0:03:40.320 --> 0:03:44.480 the economy, that is trying to convince you that things 0:03:44.520 --> 0:03:46.840 aren't going to get much better in the future, and 0:03:48.040 --> 0:03:52.560 deal with it. Sorry, forget about all your hopes and 0:03:52.640 --> 0:03:56.600 dreams for a more prosperous future for your children and 0:03:56.880 --> 0:03:59.720 for yourself. As you move on in years, you're just 0:03:59.720 --> 0:04:02.640 going to have to accept that America is going to 0:04:02.680 --> 0:04:05.560 get less wealthy. Things aren't going to be as good 0:04:05.640 --> 0:04:09.560 and that's just the way it is. Because I remember 0:04:09.640 --> 0:04:11.720 that during the Obama years. I remember people feeling like, 0:04:11.760 --> 0:04:13.920 oh my gosh, is this really the way it's going 0:04:14.000 --> 0:04:19.240 to be Economically, we're supposed to just accept being told, 0:04:19.279 --> 0:04:23.000 being really scolded about how Yeah, you know, America's polluted 0:04:23.040 --> 0:04:25.359 so much, we put all this CEO two in the air, 0:04:25.800 --> 0:04:28.919 and we've exploited other countries and done all these bad things. 0:04:28.960 --> 0:04:31.440 So if we need a little bit of tough medicine 0:04:31.520 --> 0:04:35.359 right now, that's on us. That was a sense. It 0:04:35.480 --> 0:04:37.920 was widespread, I remember, especially in the first four years 0:04:37.920 --> 0:04:42.279 of Obama's presidency. And now there's a part of me 0:04:42.360 --> 0:04:46.200 that is worried that things are too good and there'll 0:04:46.200 --> 0:04:50.479 be a negative effect of that. That because unemployments three 0:04:50.480 --> 0:04:57.599 point seven percent, because the job market, the playing field 0:04:57.640 --> 0:05:02.440 for entrepreneurs, all the just manufacturing, I mean, all these 0:05:02.480 --> 0:05:05.200 different areas. The only one that folks will point to 0:05:05.279 --> 0:05:07.080 and say, oh, well, that's bad it's trade with China. 0:05:07.279 --> 0:05:10.640 Because things are so good. I think that we forgot. 0:05:10.680 --> 0:05:12.960 I think that too many Americans have forgotten what it's 0:05:12.960 --> 0:05:19.160 like when they're bad. And so Trump's success becomes in 0:05:19.200 --> 0:05:22.240 a way a liability because yeah, I guess this is 0:05:22.279 --> 0:05:24.080 just supposed to be the way it is all the time. Right, 0:05:24.120 --> 0:05:26.920 We're always going to be at sub for unemployment. We're 0:05:26.920 --> 0:05:29.400 always going to have a stock market that keeps defying 0:05:29.440 --> 0:05:33.279 the expectations of a crash, that keeps defying the Oh gosh, 0:05:33.320 --> 0:05:37.520 the recessions coming talk a recession that's going to be 0:05:37.560 --> 0:05:39.360 a lot of pain for a lot of millions of Americans. 0:05:39.440 --> 0:05:41.600 People lose their homes, as their jobs, as their savings. 0:05:42.800 --> 0:05:46.280 It hasn't happened yet, and maybe it's not going to 0:05:46.320 --> 0:05:48.200 happen for quite some time. Maybe when it does happen, 0:05:48.200 --> 0:05:53.039 it won't be that bad. But there are good ways 0:05:53.080 --> 0:05:55.000 to run an economy. There are bad ways to run 0:05:55.000 --> 0:05:58.479 an economy. There are good ways to do things, and 0:05:58.480 --> 0:05:59.680 then there are ways that are going to make you 0:05:59.720 --> 0:06:04.640 poor or more frustrated, have less freedom, promote less growth. 0:06:05.760 --> 0:06:09.480 But to really understand that, maybe we maybe we've lost 0:06:09.480 --> 0:06:12.360 sight of what it's like when things are going badly. 0:06:12.960 --> 0:06:15.600 And I know that. See it's it's a paradoxical concern, 0:06:15.640 --> 0:06:19.480 but I feel it these days. Here's another version of it. 0:06:19.800 --> 0:06:22.880 Why do so many young people, young people, I mean, 0:06:22.920 --> 0:06:27.320 I kind of still qualify great beard millennial that I am. 0:06:27.320 --> 0:06:31.680 Why do so many young people have a growing affection 0:06:31.760 --> 0:06:35.160 for socialism and with it, for for central planning, for 0:06:36.200 --> 0:06:42.400 interference in markets, and why is there this cultural It's 0:06:42.560 --> 0:06:45.800 it's really a fad now, it's it's considered cool, it's 0:06:45.880 --> 0:06:49.960 hip to reject capitalism among millennials. You know that the 0:06:50.040 --> 0:06:52.240 polls are all saying that, you know, they're sixty percent 0:06:52.320 --> 0:06:56.200 in favor of socialism over capitalism, and you know, fifty 0:06:56.200 --> 0:06:58.880 five percent in favor of it. It's there's a clear 0:07:00.080 --> 0:07:02.320 trajectory here. Why is that the case? Well, because I 0:07:02.360 --> 0:07:07.400 think that they don't know, they have not seen, they 0:07:07.440 --> 0:07:11.920 have not connected themselves to the history of what it 0:07:12.520 --> 0:07:15.600 meant for places like the Soviet Union, what it is 0:07:15.640 --> 0:07:20.680 meant for. They just dismiss Venezuela. They dismissed these other 0:07:20.680 --> 0:07:24.120 countries where the economy has just been going down the 0:07:24.160 --> 0:07:28.520 tubes for a long time. And they also have lived 0:07:28.560 --> 0:07:32.440 in what is a generally very prosperous America. There was 0:07:32.440 --> 0:07:34.920 there was the two thousand and eight procession, but especially 0:07:35.000 --> 0:07:39.200 for people who are young, I guess gen z is 0:07:39.240 --> 0:07:41.800 what I think they call it now. They weren't looking 0:07:41.800 --> 0:07:44.760 for jobs then they have gotten out and things have 0:07:44.840 --> 0:07:49.440 been on a pretty solid trajectory for for a while. 0:07:49.720 --> 0:07:51.920 And you might say, oh, Buck, you mean like with Obama, Well, yeah, 0:07:52.120 --> 0:07:55.920 things were okay after a couple of years of the 0:07:55.920 --> 0:07:58.040 Obama A ministration. Didn't seem like it was gonna be great, 0:07:58.080 --> 0:08:02.520 but it wasn't Socialist in Venezuela bad. Some of the 0:08:02.560 --> 0:08:06.160 same ideas were proliferating under the Obama administration, but it wasn't. 0:08:07.040 --> 0:08:09.040 You know, it'll and this I'll return this later with 0:08:09.280 --> 0:08:11.240 we're gonna talk about what Deblasio is doing here in 0:08:11.240 --> 0:08:13.160 New York City, a place I know very well. If 0:08:13.160 --> 0:08:18.760 I had as much familiarity with Los Angeles or San Francisco, 0:08:18.800 --> 0:08:21.440 those are places that are point that where we point 0:08:22.160 --> 0:08:26.080 to show that these are they're bad ideas. And I 0:08:26.080 --> 0:08:29.360 think they've gotten a little bit too, you know, soft 0:08:29.400 --> 0:08:33.000 and happy in those places. A lot of wealth, a 0:08:33.040 --> 0:08:37.960 lot of accumulation of wealth. Over time, overall national crime drop, 0:08:38.600 --> 0:08:43.679 and so they started to embrace increasingly radical left policies. 0:08:43.720 --> 0:08:45.360 And now you've got you know, the poop and the 0:08:45.400 --> 0:08:47.959 dirty needles all over the streets in San Francisco and 0:08:48.240 --> 0:08:50.120 in LA and you're seeing more of that stuff happen 0:08:50.160 --> 0:08:53.360 in New York, and maybe it's because the people in 0:08:53.400 --> 0:08:56.000 these cities have lost a connection to what it means 0:08:56.000 --> 0:09:02.120 when things go badly. I worry, worry that there aren't 0:09:02.200 --> 0:09:05.320 enough people right now who understand how quickly what we 0:09:05.360 --> 0:09:11.160 are experiencing right now with a government that is absolutely imperfect, 0:09:11.160 --> 0:09:12.840 no question about it. I mean, this is a White 0:09:12.880 --> 0:09:14.880 House that still needs to deliver on a lot of things, 0:09:15.920 --> 0:09:23.000 but on the foundational capitalism is good level, they get it, 0:09:24.000 --> 0:09:29.000 they understand, and they're trying to work within that framework 0:09:29.679 --> 0:09:32.360 of Capitalism is good has lifted more people out of 0:09:32.400 --> 0:09:34.440 poverty in the laste hundred years than had been lifted 0:09:34.440 --> 0:09:37.200 out of poverty and all of human history beforehand. We 0:09:37.200 --> 0:09:40.839 should celebrate what capitalism has been able to do for 0:09:40.920 --> 0:09:44.440 this country, and we should try to promote what works 0:09:45.600 --> 0:09:48.000 so we get used to what we see now and all, Okay, 0:09:48.040 --> 0:09:50.000 Well things are good, and I guess it'll always be good. No. 0:09:50.200 --> 0:09:52.640 I mean, if you get a President Sanders, for example, 0:09:52.720 --> 0:09:54.480 things are going to turn very quickly. If you get 0:09:54.480 --> 0:09:56.959 a President Biden, it won't be good, but I don't 0:09:57.000 --> 0:10:00.160 think it'll be quite as much of an immediate a 0:10:00.280 --> 0:10:05.240 catastrophe as a as a president Sanders would be. But 0:10:05.440 --> 0:10:09.959 when people forget what the bad times are like, sometimes 0:10:10.080 --> 0:10:12.760 they the only way is as a big dose a 0:10:12.840 --> 0:10:16.439 reality for to bring them back in line. And so 0:10:16.480 --> 0:10:20.440 in that sense, the Trump administration's numbers the you know, 0:10:20.440 --> 0:10:23.480 if you had told me that this is where Trump 0:10:23.520 --> 0:10:25.800 would be going into the third year of his presidency, 0:10:26.559 --> 0:10:28.400 are now going into the soon be going into the 0:10:28.440 --> 0:10:30.680 fourth year. But in the third year of his presidency, 0:10:30.679 --> 0:10:33.480 I would tell you, well, wow, there must be If 0:10:33.480 --> 0:10:35.480 you'd said this in twenty sixteen, I say, there must 0:10:35.480 --> 0:10:38.520 be some converts to Trumps. Them must be people that no. 0:10:38.520 --> 0:10:40.360 Now it's just the new normal, and they focus on 0:10:40.400 --> 0:10:43.679 all these externalities. Oh what did Trump lie about? That 0:10:43.720 --> 0:10:45.679 doesn't matter to anyone. We'll talk about one of those 0:10:45.720 --> 0:10:48.800 examples later. You know, what is the latest thing that 0:10:48.840 --> 0:10:51.960 they can drill down on, get very deep in the 0:10:52.000 --> 0:10:55.080 weeds on, and pretend is a much bigger issue than 0:10:55.120 --> 0:10:58.000 it is. Oh did the president pull a White House 0:10:58.040 --> 0:11:01.600 reporters press in a hard pass and makes that person 0:11:02.040 --> 0:11:05.000 show their ID and get a pass like everybody else 0:11:05.000 --> 0:11:06.520 who goes to the White House, Like when I went 0:11:06.559 --> 0:11:09.080 to the White House. That's what we had to do. Huh? 0:11:09.160 --> 0:11:14.160 Is that what happens sometimes? My friends? You just get 0:11:14.640 --> 0:11:17.560 a little too used to things being good. And I 0:11:17.600 --> 0:11:20.240 do think that the country is going through something like 0:11:20.320 --> 0:11:23.400 that right now, because when I see polls that have 0:11:23.520 --> 0:11:27.280 Joe Biden and other Democrats ahead of Donald Trump, I 0:11:27.360 --> 0:11:29.600 just look. I just look at the sky and think, 0:11:29.600 --> 0:11:33.920 how could people be so foolish? Do they forget what 0:11:33.960 --> 0:11:38.160 it was like to have a left wing administration that 0:11:38.240 --> 0:11:41.720 was as hostile as it could get away with being. 0:11:41.760 --> 0:11:43.920 That's not the same thing as saying that they're straight 0:11:43.960 --> 0:11:50.000 up commies, but that was hostile to private enterprise, to commercial, 0:11:50.040 --> 0:11:55.280 economic and really individual freedom in so many ways. And 0:11:55.280 --> 0:11:57.280 it's the only way that we can understand what that 0:11:57.280 --> 0:11:59.400 would really mean. To go through it again, I hope not, 0:11:59.559 --> 0:12:03.240 But those who don't know their history, or don't remember history, 0:12:03.320 --> 0:12:05.880 whatever the specifics of the phrase, are doomed to repeat it. 0:12:06.920 --> 0:12:08.439 I hope we don't have to repeat a far left 0:12:08.440 --> 0:12:12.200 administration for eight years. But given what I'm seeing, and 0:12:12.640 --> 0:12:16.559 you have this disconnect of very strong numbers, the country 0:12:16.600 --> 0:12:18.960 doing well. We're not in the midst of some huge war. 0:12:19.040 --> 0:12:23.200 I was just telling some friends today over lunch when 0:12:23.240 --> 0:12:25.280 was the last time we had a mass casualty. I mean, 0:12:25.520 --> 0:12:28.400 you know, Heaven forbid, but the mass casualty gee hottest 0:12:28.440 --> 0:12:33.560 attack in America or in Europe for example. You can't 0:12:33.559 --> 0:12:34.719 think of it off the top of your head. It's 0:12:34.720 --> 0:12:37.119 been a long time. That used to be a monthly occurrence. 0:12:38.000 --> 0:12:40.080 We are not in the midst of I understand there's 0:12:40.120 --> 0:12:42.160 there's the mass shooting problem, but we're not in the 0:12:42.160 --> 0:12:46.480 midst of a global terrorist operation directed against us as 0:12:46.480 --> 0:12:50.840 we were for many years. We aren't. We aren't seeing 0:12:50.840 --> 0:12:53.160 a recession, we aren't seeing people lose their jobs. There's 0:12:53.240 --> 0:12:57.559 so much to be thankful for, and I think that, unfortunately, 0:12:58.240 --> 0:13:02.120 there is a creeping in gratitude in we you see 0:13:02.160 --> 0:13:04.800 with with many Americans. I don't think with people listen 0:13:04.840 --> 0:13:06.240 to this show. I don't think of people that are 0:13:06.240 --> 0:13:09.760 supporters of the president by and large, But a lot 0:13:09.800 --> 0:13:11.440 of folks are just like, yeah, well, I guess things 0:13:11.440 --> 0:13:13.120 are good, but you know, maybe we should just vote 0:13:13.120 --> 0:13:16.640 for somebody who doesn't do the tweets. No, I think 0:13:16.679 --> 0:13:19.200 maybe vote for somebody who does the tweets and like 0:13:19.360 --> 0:13:22.160 them or don't like them. That's fine, but make sure 0:13:22.200 --> 0:13:24.679 that the person who's in charge, who has the most 0:13:24.720 --> 0:13:28.520 power of any individual in the United States government continues 0:13:28.559 --> 0:13:31.200 to do the things that are benefiting tens of millions 0:13:31.200 --> 0:13:33.960 of Americans every day, hundreds of millions of Americans, whether 0:13:34.080 --> 0:13:38.680 whether they like it or not. Prosperity is not forever, 0:13:38.720 --> 0:13:42.320 it's not endless, and it can it can evaporate very quickly. 0:13:43.360 --> 0:13:47.040 And the fact that the polls don't show this president 0:13:47.440 --> 0:13:50.120 well over fifty percent in support, I just find troubling. 0:13:50.559 --> 0:13:52.720 I blame the people that are being polled. I don't 0:13:52.920 --> 0:13:55.120 I can't really blame the administration. What else is he 0:13:55.160 --> 0:13:58.480 supposed to do? What would be or we're gonna have 0:13:58.520 --> 0:14:02.360 GDP growth, you know, eight twelve percent or twelve percent, 0:14:02.480 --> 0:14:04.720 We're going to do what China does and lie about it, 0:14:05.120 --> 0:14:07.880 lie about at our own people to justify the regime 0:14:07.920 --> 0:14:12.240 that's in place. I don't think so. This is also 0:14:12.280 --> 0:14:16.200 why we need to prepare ourselves for not really a 0:14:16.240 --> 0:14:20.760 discussion of the economic merits of why there should be 0:14:20.800 --> 0:14:25.480 a change in leadership in this country, but it's going 0:14:25.520 --> 0:14:31.080 to be personality and culture based. Trump is such a 0:14:31.080 --> 0:14:33.960 bad guy. He's so terrible, he's such a racist. The 0:14:34.000 --> 0:14:35.680 country is better than this, you'll hear all of this 0:14:35.720 --> 0:14:38.560 stuff when I don't need people telling me the country 0:14:38.640 --> 0:14:40.680 is better than this. I just want the country to 0:14:40.680 --> 0:14:43.720 continue to do well. That's my focus. That's what I 0:14:43.760 --> 0:14:47.320 would like to see. And I don't know if what 0:14:47.360 --> 0:14:50.480 it's going to take for some of those independent and 0:14:51.320 --> 0:14:56.360 winnable voters to understand that after that climate change debacle 0:14:56.520 --> 0:15:01.000 from yesterday, how could you think that putting a Democrat 0:15:01.040 --> 0:15:04.480 in charge of more of the economy is a good 0:15:04.520 --> 0:15:06.880 idea or anything in the economy, but but even more 0:15:06.880 --> 0:15:08.840 than what you have right now with the Republican because 0:15:08.880 --> 0:15:12.720 they would want to seize control via this Green New Deal. Nonsense. 0:15:12.760 --> 0:15:16.320 How could anyone think that's a good idea? And yet 0:15:16.360 --> 0:15:19.720 there are so many of them. It's troubling. You know, 0:15:19.800 --> 0:15:23.120 we live in we live in overall very happy times 0:15:23.120 --> 0:15:25.120 in this country right now, and I start to feel 0:15:25.160 --> 0:15:27.920 this this ominous sense that the only it's either going 0:15:28.000 --> 0:15:31.160 to be shattered in one fell swoop or we're just 0:15:31.200 --> 0:15:35.320 going to hand it away because not enough people understand 0:15:35.360 --> 0:15:38.960 that this is precious and it's fragile and it needs 0:15:38.960 --> 0:15:43.440 to be defended. That's that's what I know. It's not 0:15:43.480 --> 0:15:47.600 exactly cheery Friday talk. But I worry about this man. 0:15:47.640 --> 0:15:51.520 I think that we've just become We've become a little 0:15:51.680 --> 0:15:55.200 spoiled in the last three years to have a government 0:15:55.400 --> 0:15:58.720 that is trying not to even out the playing field 0:15:58.720 --> 0:16:00.960 all the time and play the social justice game and 0:16:01.000 --> 0:16:03.640 all this other stuff and redistribute the wealth and sees 0:16:03.720 --> 0:16:07.080 more control. Government that, while imperfect, is trying to say, look, 0:16:07.160 --> 0:16:09.600 let the American people, let the business of the American 0:16:09.640 --> 0:16:11.680 people be business. Let them do what they need to do, 0:16:12.240 --> 0:16:16.240 stand out of the way as much as possible, fight 0:16:16.280 --> 0:16:18.320 where is necessary. You know. The trade deal, I think 0:16:18.400 --> 0:16:22.400 is an important area for us to understand there's a 0:16:22.400 --> 0:16:25.120 trade off being made there because the Chinese have been 0:16:25.240 --> 0:16:27.240 ripping us off and doing bad stuff for a long time. 0:16:28.640 --> 0:16:32.240 But yeah, the alternative is what Joe Biden may your pete. 0:16:34.880 --> 0:16:38.320 I was gonna say, Kirsten Jilli Brambon, too bad, she's gone, 0:16:38.440 --> 0:16:40.920 she's out. We'll be right back. It's a solid number. 0:16:40.920 --> 0:16:44.120 It's not a spectacular number, by the way. Seasonally, the 0:16:44.200 --> 0:16:47.800 August print usually comes in low and then is revised higher. 0:16:47.840 --> 0:16:52.920 But here is the story. Five hundred and ninety thousand 0:16:53.240 --> 0:16:58.920 new jobs and the household survey that is virtually unprecedented. 0:16:59.200 --> 0:17:03.280 Average geral earnings twelve month changes three point two percent, 0:17:03.560 --> 0:17:07.119 and an explosion in new labor for its entrance. The 0:17:07.359 --> 0:17:10.120 wage rate for the last three months at an annual 0:17:10.200 --> 0:17:13.439 rate is four point two percent. So I'm just going 0:17:13.520 --> 0:17:17.960 to say this, America is working, America is getting paid well, 0:17:18.560 --> 0:17:24.600 America is spending and saving and producing. So I think 0:17:24.600 --> 0:17:27.960 this is a dynamite report. But God, look under the hood, 0:17:28.400 --> 0:17:32.639 any analysts don't. That's when I'm talking about folks. Larry 0:17:32.680 --> 0:17:36.200 Cudlow saying it. Things are really good, and people aren't 0:17:36.240 --> 0:17:40.120 even paying attention. Instead, we have a media focus on 0:17:40.520 --> 0:17:45.360 sharpie gates where you had the president using a sharpie 0:17:45.359 --> 0:17:48.480 marker to try and show that the path of the 0:17:48.560 --> 0:17:53.400 hurricane might have included Alabama in it. That we're still 0:17:53.440 --> 0:17:58.040 even talking about this seems to me to just be ridiculous. 0:17:58.720 --> 0:18:01.520 The President doesn't admit mistakes. We know that. He says 0:18:01.520 --> 0:18:03.439 he didn't make a mistake. They say he did. Okay, 0:18:03.480 --> 0:18:08.080 it wasn't malicious. So and it's weather. It's uncertain who 0:18:08.119 --> 0:18:10.560 really know, But they just they're digging in on this 0:18:10.600 --> 0:18:14.240 because every day that there or every hour that is 0:18:14.280 --> 0:18:17.200 spent covering this nonsense. Is an hour that people aren't 0:18:17.920 --> 0:18:20.560 turning on the TV, flipping open their computer or looking 0:18:20.560 --> 0:18:22.960 at their phone and finding out that, oh, you mean 0:18:23.000 --> 0:18:25.680 that Trump was a far better steward of the economy 0:18:25.720 --> 0:18:27.320 than they said he would be, and that things are 0:18:27.320 --> 0:18:29.639 actually going quite well and people have more money in 0:18:29.680 --> 0:18:32.560 their paycheck, more money in the bank. Oh yeah, all 0:18:32.560 --> 0:18:34.760 those things that really matter. We'll talk about more that 0:18:34.840 --> 0:18:36.680 matters what we do every day here on the show, 0:18:37.280 --> 0:18:40.200 and we're gonna get into that in the moment. Stay 0:18:40.560 --> 0:18:41.960 We are going to take the storm out in the 0:18:41.960 --> 0:18:45.360 open Atlantic, and eventually it will head towards Nova Scotia, 0:18:45.680 --> 0:18:48.560 likely as a Category one hurricane, and just enough of 0:18:48.600 --> 0:18:51.480 this storm is going to clip southern portions of New England. 0:18:51.640 --> 0:18:54.000 Cape cod is under a tropical storm warning. You will 0:18:54.040 --> 0:18:56.479 get some rain and gusty wins, but I don't exact. 0:18:56.720 --> 0:18:58.480 We're not gonna have a lot of damage from that Nika. 0:18:58.720 --> 0:19:01.400 It would just be kind of a minor inconvenience. So 0:19:02.240 --> 0:19:05.400 the storm for the US Dorian has been what we'd say, 0:19:05.400 --> 0:19:08.200 probably underachieving, and now we can try to focus all 0:19:08.200 --> 0:19:11.120 our attentions on the recovery efforts down there in the Bahamas. 0:19:12.520 --> 0:19:17.200 Very saddening to see what's happened in the Bahamas Um. 0:19:17.400 --> 0:19:23.480 There's some really gut wrenching video footage and photos you 0:19:23.520 --> 0:19:25.359 can see on all the major on all the major 0:19:25.440 --> 0:19:31.440 news sites, you have bodies of human beings that are 0:19:31.440 --> 0:19:37.919 still on the streets. They're expecting that the the death 0:19:37.960 --> 0:19:43.240 toll will be staggeringly high. At what that exactly roughly 0:19:43.280 --> 0:19:46.280 mean or what that roughly means who I can't tell you, 0:19:46.320 --> 0:19:49.720 But there's there's definitely a sense that there's a lot 0:19:49.760 --> 0:19:51.800 of there was a lot of death on the island 0:19:51.800 --> 0:19:57.240 as a result of this storm, and here we are 0:19:57.359 --> 0:20:02.399 now in the aftermath of another a natural disaster. And 0:20:02.880 --> 0:20:07.199 you would think that in a healthy there's always going 0:20:07.240 --> 0:20:09.159 to be disagreement, right, There's always going to be descent, 0:20:09.320 --> 0:20:11.720 and that's people would point out that's healthy. We need 0:20:11.760 --> 0:20:16.680 the exchange of ideas, but in a healthier political climate, 0:20:18.200 --> 0:20:21.800 this situation in the Bahamas and also different parts of 0:20:21.840 --> 0:20:24.000 the US that have been hit hard, although we haven't 0:20:24.000 --> 0:20:27.240 seen anything along the lines of the devastation we've seen 0:20:27.240 --> 0:20:29.800 in the Bahamas, there would be a sense that we 0:20:29.840 --> 0:20:33.199 need to come together and tackle this together, that we 0:20:33.200 --> 0:20:37.720 should work with each other to handle this problem instead 0:20:37.880 --> 0:20:41.120 of trying to point fingers at each other and decide 0:20:41.240 --> 0:20:45.880 that this is the result of well, there's a few 0:20:45.880 --> 0:20:48.000 ways that fingers will be pointed at. First, no matter 0:20:48.080 --> 0:20:53.840 what President Trump does, no matter what he does, I 0:20:53.880 --> 0:20:57.439 can guarantee you the Democrat narrative here is going to 0:20:57.440 --> 0:21:01.440 be that Trump didn't do enough because he doesn't care 0:21:01.480 --> 0:21:04.960 about the Bahamas, because he doesn't care about a place 0:21:05.000 --> 0:21:09.760 that is majority non white. That's going to be the narrative, guaranteed. 0:21:10.640 --> 0:21:13.840 That's what they're gonna say. There's a lot of Americans Bahamas, 0:21:13.840 --> 0:21:17.280 a lot of people the Mohammas. I mean, it's unfair 0:21:17.359 --> 0:21:20.800 to Trump, it's unfair to our political discourse to put 0:21:20.800 --> 0:21:23.760 a smear like that out there. But that's what we're 0:21:23.800 --> 0:21:25.600 gonna be told. That's going to be the real story 0:21:26.640 --> 0:21:29.479 from the left. And it doesn't matter what he does. 0:21:29.520 --> 0:21:30.960 I mean, the President can say where to give the 0:21:30.960 --> 0:21:33.960 Bahamas one hundred billion dollars and they would say, well, 0:21:34.040 --> 0:21:36.159 now he's just trying to cover up how racist he is. 0:21:37.240 --> 0:21:41.360 Now he's just trying to throw us off the trail 0:21:41.520 --> 0:21:44.720 of his white nationalism or something. He can't win. He 0:21:44.840 --> 0:21:49.000 can't win. We know this. So that's the one level 0:21:49.040 --> 0:21:53.240 will be the the hurricane relief efforts. Just give it time. 0:21:53.359 --> 0:21:58.080 Liberals are going to be saying it's insufficient, he's not 0:21:58.080 --> 0:22:00.679 doing enough. All that, okay, And then you have the 0:22:00.680 --> 0:22:02.879 other part of this duo, which is what got us 0:22:02.880 --> 0:22:05.639 to this point in the last last forty eight hours, 0:22:06.160 --> 0:22:10.359 and I was doing the seven seven hour climate change thing. Unfortunately, 0:22:10.400 --> 0:22:14.720 you have to keep in mind the liberals who believe 0:22:15.880 --> 0:22:23.360 in the climate change catastrophe myth see this devastation, and 0:22:23.520 --> 0:22:27.960 all it does is harden their resolve that we must 0:22:27.960 --> 0:22:33.120 take these dramatic steps, We must do these things in 0:22:33.240 --> 0:22:37.840 order to save the planet, and anyone who doesn't go 0:22:37.920 --> 0:22:42.080 along with them is a bad person who does not 0:22:42.200 --> 0:22:45.720 want to prevent the next major storm like this from happening. 0:22:46.880 --> 0:22:50.119 And you can see, can't you see this connection with Oh, 0:22:50.160 --> 0:22:53.760 this is what libs do after a natural disaster like this. 0:22:53.840 --> 0:22:58.400 They find a way to use it as a political 0:22:58.680 --> 0:23:02.640 mobilization technique. Can they argue around around it in that way? 0:23:03.600 --> 0:23:07.040 That's one thing that they do. They also do this 0:23:07.119 --> 0:23:09.600 after a mass shooting. They'll say, oh, well, you either 0:23:10.359 --> 0:23:12.399 do the things that we tell you have to be 0:23:12.480 --> 0:23:15.600 done now after this tragedy, or you don't care about 0:23:15.600 --> 0:23:18.919 the tragedy and therefore you're a bad person. This is 0:23:19.240 --> 0:23:23.080 a common tactic and it is it's corrosive that the 0:23:23.200 --> 0:23:27.800 left embraces this so openly, so repeatedly. It is corrosive 0:23:29.080 --> 0:23:33.560 for all political discussions because one they get locked into 0:23:33.600 --> 0:23:37.000 this lazy mentality on the left of oh, we're just 0:23:37.040 --> 0:23:39.000 the good people, they're the bad people. There's really nothing 0:23:39.000 --> 0:23:42.200 here to discuss. It shuts down on our side because 0:23:42.200 --> 0:23:45.000 we realize, why engage when you're just gonna be told 0:23:45.520 --> 0:23:48.560 you don't care about the devastation, you don't care about 0:23:48.560 --> 0:23:50.639 the dead children after a mass shooting, which is just 0:23:50.800 --> 0:23:54.400 not true. It's just a smear, and it's a stupid 0:23:54.440 --> 0:24:02.280