Speaker 1: Media.
Speaker 2: All right, y'all, how much a dialar costs?
Speaker 1: Let's talk about it.
Speaker 2: So today I want to talk about two leadership approaches
Speaker 2: that I giggle because again, these are one of these
Speaker 2: moments that just truly, I think validate my point what
Speaker 2: I want to do with this podcast, because I say
Speaker 2: it many times, I glaze over when you start talking
Speaker 2: about the economy because the math, just the numbers just
Speaker 2: don't make sense to me, and the charts don't make
Speaker 2: sense to me because I just it feels so much
Speaker 2: more simple than the way for which it's being explained
Speaker 2: to me, as if I am missing something, and a
Speaker 2: lot of times I might be, because I'm like, I'm not
Speaker 2: factoring in a lot of the complications on it. But
Speaker 2: if you can disentangle all that stuff, it's just like,
Speaker 2: oh wait, I do understand this. Now. We've called these
Speaker 2: episodes on economics. If you're new to the show, we
Speaker 2: have these series that we pop in every once in
Speaker 2: a while call how Much a Dollar Costs? And it's
Speaker 2: named after a Kendrick song on The Pimp a Butterfly.
Speaker 2: But the idea is, I feel like when you say
Speaker 2: it like that, it actually makes sense now that like
Speaker 2: not how much is a dollar worth, but how much
Speaker 2: does a dollar cost? Meaning what is it going to
Speaker 2: take me to get this dollar now? And the concept
Speaker 2: of the song, it's like it's gonna comes to your
Speaker 2: life because at this point you were holding onto this dollar.
Speaker 2: In the concept of the song, you hold it on
Speaker 2: to this dollar and not willing to give it to
Speaker 2: this person. So because you weren't willing to give it,
Speaker 2: give this just one dollar to this person, your life
Speaker 2: will be taking as the concept of the song anyway,
Speaker 2: in a way to understand economics and economic policy is
Speaker 2: when you went to work, right, if you think about
Speaker 2: it like this, if you made fifteen dollars an hour,
Speaker 2: that fifteen dollars, how much did it cost you? What
Speaker 2: cost you not only the hour of work and labor
Speaker 2: you did, but also the years it took or months
Speaker 2: it took to get the skills to get that job,
Speaker 2: the travel time to and from, the time away from
Speaker 2: your family, you know, and away from other things you
Speaker 2: would be pursuing. So that fifteen dollars cost you more
Speaker 2: than just that hour. It cost you all it took
Speaker 2: to be able to get the job. To get that hour,
Speaker 2: that's how much a dollar costs, right, how much that's
Speaker 2: the investment? Or if you were buying a house, Let's
Speaker 2: just say, let's be real white kyla about it. You
Speaker 2: know I'm saying you buying a house, you buy a
Speaker 2: house for it. Let's be absolutely foolish. So you bought
Speaker 2: the house for a four hundred thousand dollars, held on
Speaker 2: to it, flipped it, you sold it for eight hundred thousand.
Speaker 2: Did you make eight hundred thousand dollars? No, you made
Speaker 2: four hundred thousand dollars. How much did that four hundred
Speaker 2: thousand dollars cost you? It cost you four hundred thousand
Speaker 2: because that's how much you spent on the first one.
Speaker 2: Unless you invested more into the house to make it better,
Speaker 2: then it might have cost you that extra four hundred
Speaker 2: thousand dollars cost you five hundred thousand dollars because you
Speaker 2: put one hundred thousand dollars extra into it. You following me,
Speaker 2: how much does your dollars cost? That's why we call
Speaker 2: these shows this how much a dollar cost? Now we're
Speaker 2: gonna talk today about bullies, and why I say that
Speaker 2: is because at the end of the day, if you
Speaker 2: gonna go get your money, if you gonna run these streets,
Speaker 2: if you gonna run this lunch room, if you're gonna
Speaker 2: run this breakroom, if you're gonna run this criminal hood,
Speaker 2: whatever you're gonna do, if you're gonna run this at
Speaker 2: whatever you're doing, if you gonna be a shot caller. Man,
Speaker 2: the homie Jojo just did. Dommy followed Jojo. I had
Speaker 2: him on here before you know he blood down there,
Speaker 2: And in Daego he was commenting on YG's thing he
Speaker 2: did up in Compton, the Piru piece walk if you
Speaker 2: all know what that is. Basically like YG the Rapper
Speaker 2: did sort of a peace walk in Compton among all
Speaker 2: of the bloods down there to try to install some peace.
Speaker 2: I'm telling you, we've been real lit since the Kenney
Speaker 2: of Friends pop out, like really trying to see maybe
Speaker 2: if we could see this city different. And so he
Speaker 2: did this peace walk up there in Compton where all
Speaker 2: these different like you know, blood sets, like all got
Speaker 2: together to be like, yo, let's be better for the
Speaker 2: community now. Jojo was like, Yo, you think we could
Speaker 2: do this? In Daego and the dude he was in
Speaker 2: an interview and was like nah, And he was like
Speaker 2: why not? Because because we don't have no shot callers
Speaker 2: like that. We don't have no one person down here
Speaker 2: that could organize everybody enough where all these sets is
Speaker 2: gonna listen to this one dude to do that? Does
Speaker 2: that make sense? He's like, we just don't have that. Now,
Speaker 2: how do you become that one person? It's what I'm
Speaker 2: gonna talk about. There's you bully your way, either you
Speaker 2: do it or crash out, or you finesse it. Man,
Speaker 2: let me put you on game, like, let me set
Speaker 2: you up a situation you feel me like, like you
Speaker 2: finesse your way or you hammer your way. But either
Speaker 2: way it's an executive action. So I want to talk
Speaker 2: about Kamala and Trump's economic plans, the hammer or the
Speaker 2: finesser the politics, y'all? All right? I give this example
Speaker 2: the way that I give it for a very particular reason,
Speaker 2: which I'm about to explain after. It's like the bull
Speaker 2: look is like this bull look is like this what
Speaker 2: ut traveling this week? So coffee in the hotel on
Speaker 2: the New News, Big week, first and probably only debate
Speaker 2: between the two presidential candidates are happening this week. We're
Speaker 2: gonna be watching very close, doing a whole lot of
Speaker 2: eye rolls. If I'm the strategist for either of them,
Speaker 2: it's very simple. It is your job to define the
Speaker 2: other person. It's my job to define my opponent for
Speaker 2: the audience. So I'm gonna tell you that this lady
Speaker 2: is too liberal, or I'm gonna tell you that this
Speaker 2: man done lost his mind. When it comes to the substance,
Speaker 2: they move it too fast. There's no way in the
Speaker 2: world you're gonna get a good answer. In other news,
Speaker 2: to a surprise by nobody, Temple, Dave Rubin, and a
Speaker 2: bunch of these right wing dudes have zero antennas as
Speaker 2: to whether they being hustled or not. Them Brothers one
Speaker 2: hundred kre episode from something called the Tennessee Holdings. She
Speaker 2: was almost obviously a Russian back media group for them
Speaker 2: to do episodes for Russian talking points. The only reason
Speaker 2: we know it's Temple and most possibly Dave Rubing is
Speaker 2: because one you can line up the episodes with the
Speaker 2: view counts, with the number of subscribers, and the absolute
Speaker 2: foolishness they talking.
Speaker 3: About this man Tempole beating the table. Ukraine's our enemy.
Speaker 3: We owe ourson apology fam. Them Brothers did zero due.
Speaker 2: Diligence as to whoever sent them that money for that.
Speaker 2: But you know they victims, They victims, They four hundred
Speaker 2: thousand dollars victims because they've been hoodwinked, bamboozled. Run am
Speaker 2: up the State of New York Mayor's office. They had
Speaker 2: a lady in there working for the Chinese government. She
Speaker 2: was being paid by salted duck that she was given
Speaker 2: to her mama. Because you can't get it. You can't
Speaker 2: get it here. And here's the thing I feel you.
Speaker 2: I live in la born and raised my mama from Washington, DC.
Speaker 2: We can't get the Chesapeake Bay crabs if I can
Speaker 2: get you to send me some of them things. We
Speaker 2: can't get the crab cakes like we could. But I
Speaker 2: go visit Grandma now surprised by no one, And it's
Speaker 2: not like America ain't guilty. Of course, there's disinformation being
Speaker 2: disseminated in our social media sphere, but the approaches are different.
Speaker 2: China just don't want us to like us period. Russia
Speaker 2: want us to stay out their business. And finally, to
Speaker 2: continue the metamorphosis of Drake into draw rule, Kendrick is
Speaker 2: headlining the Super Bowl. At this point, Kendrick must feel
Speaker 2: omni present to Drake, bigger than what the man even
Speaker 2: sneaked this the boy in the commercial talking about ain't
Speaker 2: no round two, you get one shot to win the championship.
Speaker 2: The Compton kid has completely cracked the code. Drake gonna
Speaker 2: have to go to North Korea to escape Kendrick's presence.
Speaker 2: Like now, there is something to be said that you
Speaker 2: in New Orleans and Wayne ain't running it. It a
Speaker 2: little messy with Wayne and Drake. But I'll tell you
Speaker 2: what if Wayne come out during Kendrick's performance, this is
Speaker 2: what will teach you you always loyal to your sword
Speaker 2: like this, all right, we're back now. What you and
Speaker 2: I may have learned up until you know these modern times,
Speaker 2: as in like the last like year or two, is
Speaker 2: this motif around Democrat, Republican, conservative liberals, right, just like
Speaker 2: you might be under the impression that to navigate la
Speaker 2: hoods is just look for red and blues. That's just no,
Speaker 2: it's it's your team hats like and you need a guide,
Speaker 2: like the rules have changed. Don't don't come here. Don't
Speaker 2: be no Houston Astros fan unless you from Hoover Street
Speaker 2: like you don't, so you need a guide that's to
Speaker 2: have to understand which baseball, which basketball is college team.
Speaker 2: Don't be don't be no Tario fan, no buddy. Your
Speaker 2: safeest hat is your LA Dodgers hat. That's it, and
Speaker 2: it better be just a black and white one. Just
Speaker 2: listen or just don't rep your team. The narrative being
Speaker 2: told to us is the conservatives are better with money
Speaker 2: and the Liberals are really willing to spend small government
Speaker 2: big government. What those two things mean is like big
Speaker 2: government means you set up programs and institutions ran by
Speaker 2: the government to fill the gaps in the culture where
Speaker 2: there's inequalities and inequities, where there's where there's a lack
Speaker 2: of resources and services. That the idea that the government
Speaker 2: provides it like yo, I got you on the small
Speaker 2: all government side is like no, no, no, no no, let
Speaker 2: them handle it. Like what we do, what we're supposed
Speaker 2: to do, is just make sure the system works. But
Speaker 2: you put the money in they hands and they handle it.
Speaker 2: They gonna they they know what they need, right and
Speaker 2: if you work hard, you know what I'm saying, Like,
Speaker 2: you spend your money. You don't need me to tell you,
Speaker 2: Like you know how to spend your money, not about
Speaker 2: your budget. Let me just make sure you got enough job,
Speaker 2: that there's enough jobs available, and that you can handle
Speaker 2: it yourself. If something's not working right, the market will
Speaker 2: fix itself. We talked about this before, like, well, y'all
Speaker 2: not gonna buy nothing that's trash. So then I don't
Speaker 2: need to tell this company. I don't need to. I
Speaker 2: ain't let it get out the way. I don't need
Speaker 2: to tell the company to be like, do the right thing,
Speaker 2: because they not gonna buy your product if it's not right.
Speaker 2: That was the theory. All that's gone. Neither one of
Speaker 2: them fools function like that because where capitalism is gone,
Speaker 2: and because of the tone of our culture. The tone
Speaker 2: of our culture is very different. At the end of
Speaker 2: the day, here's what's crazy. Both of these candidates. We're
Speaker 2: gonna get into their economic policies today. I follow me now.
Speaker 2: I just need you to get this, understand this motive.
Speaker 2: Both of them are just running from a shot collar position.
Speaker 2: That is what you keep hearing in the news as
Speaker 2: authoritarian uh and an example of executive power. Now, remember
Speaker 2: you know Obama years the Republicans was all talking about
Speaker 2: man he doing all these executive orders. He dictator in chief,
Speaker 2: like he legislating from the from the UH, from the
Speaker 2: Oval office. You know, if you feel me like, if
Speaker 2: you just do all these things just yourself, you subvert
Speaker 2: the democratic process. If you just gonna you just gonna
Speaker 2: do the thing you just gonna call executive orders, bro,
Speaker 2: then like that's because you don't believe in democracy. Trump
Speaker 2: turned around to do one hundreds of executive orders, right.
Speaker 2: That was like his thing basically like if you can't
Speaker 2: get Congress to do the thing, we just gonna I'm
Speaker 2: the president, I'm gonna call the shot. So the country,
Speaker 2: the tone of the country has moved into that, like, fam,
Speaker 2: will you do something? What's autocratic? It's I mean, it's like,
Speaker 2: that's just what that means. Rather than using the levers
Speaker 2: of government per se to lobby laws to set up
Speaker 2: governing structures in federal agencies to help make the system
Speaker 2: function better, we stop doing that because of you know,
Speaker 2: remember I taught you all about Chevron deference. It's gone.
Speaker 2: So since Chevron deference is gone, where do we the
Speaker 2: consumers go? Like? What, how how do you make How
Speaker 2: does any of these economic policies work? And the way
Speaker 2: that we've been asking our elective officials to function is
Speaker 2: essentially like a yg is to be like make make
Speaker 2: it work. Fix it. We looking at the president like, yo,
Speaker 2: hey make the do do make it make it work?
Speaker 2: Like make it makes it? Make it work? What listen
Speaker 2: to me? What both these candidates are saying is like,
Speaker 2: it's all good. I got you on a shot. Call
Speaker 2: it because because fam being alive right now costs too much.
Speaker 2: Like that's just essentially everybody America agree and what they
Speaker 2: we agree on living costs too. It costs too much
Speaker 2: to be alive. You want to like, this is a
Speaker 2: nice day outside. I don't know, outside costs about five
Speaker 2: hundred dollars, Like that's what out? Every day outside costs? Fire,
Speaker 2: Am I gonna leave a house five hundred dollars? Niggafunk finished?
Speaker 2: Stay in the house four hundred dollars. It costs too
Speaker 2: much to be alive. So we all everybody looking at
Speaker 2: y'all being like, hey, homey, why outside costs so much?
Speaker 2: Can y'all do something about why outside costs so much?
Speaker 2: And both of them saying, don't worry about it. I'll
Speaker 2: take care of it now. You heard a little accent
Speaker 2: in there, right, don't worry about it. I'll take care
Speaker 2: of it, because there's sometimes you don't want to hear
Speaker 2: somebody say that and don't worry about it. For us,
Speaker 2: it's like I got you g don't worry about I'll
Speaker 2: take care of it, all right, niggas say less like whoa,
Speaker 2: because listen, sometimes this is like I said before, Sometimes
Speaker 2: it's some favor you don't want to call into. Like
Speaker 2: remember I told y'all about my homeboy and his mama
Speaker 2: was having a problem with the mechanic, and his cousin
Speaker 2: who just got out of jail, was like, what this
Speaker 2: mechanic doing to you? Don't worry about it. I'll take
Speaker 2: care of it. Like wait, hold on now, worried. I'm
Speaker 2: worried about how you go take care of it? How
Speaker 2: they take care of it is what I want to
Speaker 2: talk about. What you're gonna read in headlines, what you're
Speaker 2: gonna hear out they mouth is a grossly oversimplified answer
Speaker 2: to how, Because when you start getting particular, people's eyes
Speaker 2: glaze over because you don't understand the economy, just like
Speaker 2: I don't understand the economy. People can't get too specific
Speaker 2: because then you start throwing out these acronyms and all this,
Speaker 2: and I'm like, I don't know what the hell you're
Speaker 2: talking about. Look, nigga, am I gonna have some more money?
Speaker 2: Because it be that simple? Can you make the grocery
Speaker 2: prices go down? Nigga? Why the gas costs so much?
Speaker 2: And then like, I don't know, if you look around
Speaker 2: gas kind of like it's actually it's going down. You
Speaker 2: know why the interest rates where my money at. It's
Speaker 2: essentially I need my money to work. Make it work. Now,
Speaker 2: there's two ways to make the thing work, and it's
Speaker 2: the same way that your mama ran your house or
Speaker 2: your daddy ran your house, or the neighborhood shot call
Speaker 2: around the streets. There's two ways to approach this. You
Speaker 2: either come in there and you just be the bully
Speaker 2: when it's like clean your room, or I'm gonna beat
Speaker 2: you like you stole something. And it's so crazy that
Speaker 2: that phrase used to be funny to me. Now that
Speaker 2: I think about it, I'm like, I can't believe our
Speaker 2: parents actually said that to us. My dad was like, son,
Speaker 2: I'm gonna beat you like you stole something, basically like
Speaker 2: I'm gonna get a spanking. But he was essentially trying
Speaker 2: to say that this is gonna be the worst spanking
Speaker 2: in your life. Do what I'm trying to do. What
Speaker 2: I'm trying to tell you, and it might have been
Speaker 2: for my own good, but it was hammer clean these dishes,
Speaker 2: or I'm beating the brakes off you. You losing all
Speaker 2: your little game consoles or whatever the case may be,
Speaker 2: like all of it, so you get what you need.
Speaker 2: I'm saying, this is what I need, and if you
Speaker 2: don't do what I need, crash out. That's the bully
Speaker 2: way you're gonna come to this march. It'd be times when,
Speaker 2: like you know, a lot of the young shooters in
Speaker 2: the streets start getting a little crazy. One of the
Speaker 2: OG's pull up and they say, hey, listen, y'all, y'all
Speaker 2: gotta chill. And then it's like, man, I'm finna listen
Speaker 2: to you. You lay that dude out, and then you
Speaker 2: look at everybody else to say, y'all gotta chill. Guess what,
Speaker 2: everybody chills bully like you do this or I'm shutting
Speaker 2: everything down, or there's the finesse, And the finesse is
Speaker 2: a way. I don't know if you've ever used that
Speaker 2: phrase before, if you've ever heard that slang. When you
Speaker 2: finesse something, it's like I'm gonna get you to do
Speaker 2: what I want you to do, while at the same
Speaker 2: time you thinking you're doing what you want to do.
Speaker 2: It takes a little more. My boy, ler Cray finesse
Speaker 2: his way into NBC giving him a ticket to the Olympics.
Speaker 2: He ain't run up in there and be like, look,
Speaker 2: I'm not snoop, but you're gonna give me a ticket.
Speaker 2: I'm gonna go out there and cover it.
Speaker 1: Nah.
Speaker 2: He was like, look, my son's in the Junior Olympics,
Speaker 2: and hey, here's my social media numbers, and like, y'all.
Speaker 2: I think they're like you know what, Actually, hey, you know,
Speaker 2: I think we need some more influencers out there to
Speaker 2: like really keep the numbers up, because you know, there's like, hey,
Speaker 2: would you be interested in going near the Like dude, yeah, man,
Speaker 2: it'd be a great family thing. Like I said, my
Speaker 2: son's already going. Can I bring my wife?
Speaker 1: You know?
Speaker 2: And they're like, yeah, you know, matter of fact, this
Speaker 2: is our idea. Tell you what, here's our idea. You
Speaker 2: go out there, you make it a whole family trip,
Speaker 2: you bring your wife, you know, you just do some
Speaker 2: interviews you know, just be on your social media and
Speaker 2: just you know, talk about how amazing it is and
Speaker 2: just make sure you're tagging you know, NBC. It's like work,
Speaker 2: you know what. I think that's great. I think I
Speaker 2: could do that the whole time. He was trying to
Speaker 2: get a ticket for his whole family to go to
Speaker 2: the Olympics. You finesse it. But either way, you're doing
Speaker 2: what I want. So it's still authoritarian. It's you either
Speaker 2: have you even had a daddy that come in there,
Speaker 2: flip the light on and he like clean his room,
Speaker 2: or the comes in or stepdad comes in, turns his
Speaker 2: hat backwards, turns the seat, turns the chair backwards, sits
Speaker 2: down and says, hey Champ, Hey doing man house today?
Speaker 2: Hey you want go away with some ice cream? And
Speaker 2: let's go get some ice cream. So listen, me and
Speaker 2: your mother. You know we're gonna, I know, you love,
Speaker 2: We're gonna start hanging out a little bit more. And hey, man,
Speaker 2: I want to keep these good times going with you,
Speaker 2: you know, so like you know you just and hey,
Speaker 2: my plan was to buy you you know this new
Speaker 2: PS five, you know, but for that to work, we
Speaker 2: got to do this judo and it's just like, hey,
Speaker 2: would you like to do you want to go to
Speaker 2: You're just you're finessing your way into a situation. So
Speaker 2: you but you're still just doing what you want. This
Speaker 2: is not a negotiation. I need to make this clear.
Speaker 2: A finesse is not a negotiation. I'm I'm getting what
Speaker 2: i want. I'm just trying not to be a jerk
Speaker 2: about it, so to be honest with you, as we
Speaker 2: get into these specifics of these plans that both these
Speaker 2: candidates have, they both just trying to get what they
Speaker 2: want and they both just being bosses about it. It's
Speaker 2: just one's a hammer, one's a finessa. Can you guess
Speaker 2: who is who next? All right, as you so correctly guessed,
Speaker 2: the hammer is the Trumpster, the Trumpetmania, the brother. It's
Speaker 2: just the parallels too easy. So let's get into it now.
Speaker 2: They released more of the paperwork to like what their
Speaker 2: plans are. But like I said, like the paperwork of
Speaker 2: it is gonna be real flowery, less flowery than the
Speaker 2: words coming out of their mouth. So today I'm gonna
Speaker 2: talk a little bit about mostly about the words coming
Speaker 2: out they mouth, and then I'm gonna do a little
Speaker 2: like dead analysis for you word. So Axios actually has
Speaker 2: done some really good work on both day policies. All right, So,
Speaker 2: so Trump's biggest thing is tariffs. Now, I did an
Speaker 2: episode on tariffs before, which I don't remember the number
Speaker 2: of them. Apologize, But tariffs is essentially, I'm a tax
Speaker 2: you for being able to hustle on my block. If
Speaker 2: you gonna sell here, you got to you gotta run
Speaker 2: twenty racks to the hood, like I'm taking twenty percent
Speaker 2: of whatever you're doing. If you're gonna sell here twenty percent,
Speaker 2: my g Now, this is who they're doing this too.
Speaker 2: They're trying to do this to any foreign country, but
Speaker 2: mostly to China. So tariff is again, it's a tax.
Speaker 2: It's a tax on a foreign nation. It's not a
Speaker 2: tax on the on the on the people, like the
Speaker 2: citizens like our tax. It's a tax that's levied on
Speaker 2: if a country is sending a product to ours, to
Speaker 2: our shores, to our cities. Yo, you're gonna sell to us.
Speaker 2: You gotta get the government, gotta get their peace like Yo.
Speaker 2: You can't just be making this money off us like
Speaker 2: you make it all this money. And not only are
Speaker 2: you making it's money, you costing us money because now
Speaker 2: people ain't buying our stuff, so like you gonna cover
Speaker 2: that cost for me. Now, I don't want you to
Speaker 2: think of it as like a like think of it
Speaker 2: like this. If it's it's not like a completed iPhone
Speaker 2: that China is bringing on boats. It's more like the
Speaker 2: metal is coming from Beijing, the chip is coming from Taiwan,
Speaker 2: you know, the the the plastic is coming from Korea,
Speaker 2: whatever the case may be. The pieces come into the
Speaker 2: country and then we piece it together in a factory.
Speaker 2: But if you China and you like, damn, every time
Speaker 2: I try to sell to America, I gotta I gotta
Speaker 2: pay this higher tax or this tariff to sell to America,
Speaker 2: then they gonna say juice ain't worth to squeeze. American
Speaker 2: companies are gonna be like, yo, it's actually cheaper for
Speaker 2: me to buy American made products, which means like, well,
Speaker 2: why don't we just grow our factories ourselves and just
Speaker 2: build it ourselves because China doing you know, because for
Speaker 2: China it's like there's just there's just so much taxes.
Speaker 2: So it's a way to like again, you bullying this
Speaker 2: count you bully in the country, like Nigga I'm a
Speaker 2: tax the hell out of you if you pull through here,
Speaker 2: because his goal is American made jobs, American made companies.
Speaker 2: You know what I'm saying. That's not a finess, that's
Speaker 2: a bully like bro and and and when he wasn't office,
Speaker 2: he was talking about a ten percent international tax. Now
Speaker 2: you're talking about twenty percent. Like Yo, I'm a run y'all,
Speaker 2: run y'all, twenty percent. Run, I'm a run your pocket
Speaker 2: before you even before you can even sell the thing.
Speaker 2: Were getting our cut. Now the argument again, like I said,
Speaker 2: it is like, okay, look, you still gotta sell to America.
Speaker 2: This where this where the money is being made. So
Speaker 2: now we as the government, we're gonna get our share first, right,
Speaker 2: we get our share first, And I'm gonna make these
Speaker 2: factories in America be like nah, bro, we got to
Speaker 2: build them here. So we build them here. That means
Speaker 2: that the manufacturer is spending less money. The jobs are
Speaker 2: being created here, So now there's higher employment, the prices
Speaker 2: go down, right, and everybody wins. That's the theory. And
Speaker 2: it seems cool except for history, except for the evidence
Speaker 2: of the fact that like, that's not at all what
Speaker 2: happens don't y'all. Y'all you understand what's gonna happen if
Speaker 2: the if China is taxed more, you think they gonna
Speaker 2: keep they prices the same. No, they gonna raise they prices.
Speaker 2: So what happens is in practice, and you know because
Speaker 2: we all live through it. If you raise they tax,
Speaker 2: they raise they price, so we pay more. They aren't
Speaker 2: paying the tariffs we are. Bro you think they gonna
Speaker 2: change their margins. Why in the world, Listen, I smoke cigars.
Speaker 2: I like cigars. In California, there's a fifty nine percent
Speaker 2: tax on tobacco. That's why when I go to Nashville,
Speaker 2: when I go to other states, I'll be like, give
Speaker 2: me ten of them, because it's the same stick. It
Speaker 2: just costs half. Why because their taxes are less. Why
Speaker 2: in the world would any business keep they prices the same.
Speaker 2: If you raise their taxes, they gonna make less. No,
Speaker 2: you just you just charge more. What I'm saying is
Speaker 2: tariffs don't work because bill, no fact, they's gonna raise
Speaker 2: their prices. Then next he's talking about the prices of
Speaker 2: car assurance and your electricity bill. And what he's saying
Speaker 2: is I'm just gonna tell them to charge less. My
Speaker 2: nigga said, Hey, look, your car assurance too much. I'm
Speaker 2: gonna tell them to charge less. He said, your electric
Speaker 2: bill too high. I'm just gonna tell them to cut
Speaker 2: the bill in half. Nigga. Hat you just you just
Speaker 2: gonna walk into the private company, the private folk profit company,
Speaker 2: and just tell them, hey, you need to charge less.
Speaker 2: That's what I mean by the bully. You just gonna
Speaker 2: do how you gonna do that. I'm gonna tell them
Speaker 2: to Oh, they gonna do it. Don't worry about it.
Speaker 2: I'll take care of it. Nigga. What does that mean? Bro?
Speaker 2: I don't know if I want you to just go
Speaker 2: take care of you? You just Finnah, just tell them.
Speaker 2: I'm just gonna tell you, just gonna tell these private
Speaker 2: companies charge less. Now with the energy bills, if you
Speaker 2: just gonna tell them to yards less, I mean, are
Speaker 2: you opening a nuclear plant? Are you you gonna do
Speaker 2: wind and solar? How? And the only foreseeable answer is
Speaker 2: He's like, do this or I'm gonna beat your ass.
Speaker 2: That's the That's what he said. He said. He he
Speaker 2: said he believed that he got the right to tell
Speaker 2: the Federal Reserve like our interest rates and stuff like
Speaker 2: that that had they been crazy and going up and down,
Speaker 2: and you know, autumn charts that they've been reading about, like, oh,
Speaker 2: we're trying to we don't want to go into a recession.
Speaker 2: We want to bull you know, all these things that
Speaker 2: like that, that autumn levers that I tried to teach
Speaker 2: y'all before that are still super confusing. He said, he
Speaker 2: just gonna go in there. He's like, I should be
Speaker 2: able to tell them lower interest rates because hey, black
Speaker 2: lorder interest rates you Yeah, because I because I said
Speaker 2: so bro like and he's like, yo, I've made a
Speaker 2: lot of money. I understand this works. You know you
Speaker 2: lower interest rates, food, people spend mode. It's easy lord,
Speaker 2: interest rates. You know why people broke Nigga because it
Speaker 2: charged too much for the interest. I'm just I feel
Speaker 2: like I should just be able to tell them and like,
Speaker 2: I mean, don't get me wrong, it'd be nice. Listen,
Speaker 2: it's I'm a parent, it is it would be nice.
Speaker 2: We try to do the whole gentle parents and thing.
Speaker 2: Now I come from like I'm only like eighty percent
Speaker 2: gentle parent. Like I'm still a little bit old school,
Speaker 2: you feel me. My wife is willing to like negotiate
Speaker 2: and talk with their kid. You know, now she gonna
Speaker 2: get what she wont I think in this comparison sh Kamala,
Speaker 2: I'm trump like I'm more of a hammer, she more
Speaker 2: of a finesser. Because at the end of the day,
Speaker 2: you gonna pick up your toys like this, there's not
Speaker 2: another you gonna pick up your toys and we just
Speaker 2: go get to it in a more humane way. But
Speaker 2: I tell you what its show is fast. It showed
Speaker 2: was what my parents did was faster. It was much
Speaker 2: more time efficient. Clean this room or you ain't even
Speaker 2: gotta finish the or I'm gonna clean this room. Why
Speaker 2: because I'm terrified you my kids is not scared of me.
Speaker 2: And a part of me feels like I'm let the
Speaker 2: ancestors down because they just not scared. Now again, they
Speaker 2: gonna do it. Don't get me wrong, you you ain't.
Speaker 2: Look there's a power dynamic in my house. You won't
Speaker 2: pay no bills like you're none of them. They don't
Speaker 2: none of them come in your name. You like I
Speaker 2: want to give you. Obviously my children have bodily ontonomy.
Speaker 2: That's not what I'm trying to say, Like I'm not
Speaker 2: lording over them in a way that to me feels inhumane.
Speaker 2: I'm just saying it shows it would It would be
Speaker 2: nice if the president could just be like, hey, honey,
Speaker 2: lower everybody's interest rates. Hey, cut the bill in half.
Speaker 2: Just outland this. But my favorite, think of my favorite
Speaker 2: is my man's plan on lowering the housing costs and
Speaker 2: fixing the housing crisis. Do you know what this man's
Speaker 2: plan is. I'm just gonna shut the borders and deport illegals.
Speaker 2: I'm finna kick them out their houses. They're gonna be like, hey,
Speaker 2: free house, free house. Like I'm just cooking, Like, hey,
Speaker 2: you gotta go. Anybody want this house? My man said,
Speaker 2: ah whoa. One man said, I'm just gonna kick about.
Speaker 2: It's gonna be four million open houses right now. Your
Speaker 2: rent so high because of the illegals.
Speaker 1: He this.
Speaker 2: They ain't talking about lumber. He not talking about labor shortage,
Speaker 2: ain't talking about none of that. He like, they just
Speaker 2: it's just people in the house. If it wasn't nobody
Speaker 2: in the house, we'd have houses. We'd have a surplus.
Speaker 2: Could they not supposed to be here? If they wasn't here,
Speaker 2: then that house would be open, and you know what, correct,
Speaker 2: if no one was in that house, that house would
Speaker 2: be for sale. You think they're gonna lower their prices?
Speaker 2: And let me ask you this, how much it's gonna
Speaker 2: cost to deport twelve million people and the jobs that
Speaker 2: them twelve million people have where they're gonna go, oh man,
Speaker 2: you just created twelve million new jobs. You think you
Speaker 2: think Americans gonna accept the wages these immigrants? Was being
Speaker 2: paid the blankets there on purpose? Because you know the answer,
Speaker 2: absolutely not, big dog. You just gonna kick you just
Speaker 2: you just gonna run up, crash out. Everybody leave the
Speaker 2: bully cut like look, my black punk. That's that bad
Speaker 2: economic policy. Like nigga, I've just been a teller. You
Speaker 2: go cut your prices in half because I'm gonna beat
Speaker 2: your ass if you don't, hey, and if you go
Speaker 2: sell here, I'm ana tax you twenty percent. I'm getting
Speaker 2: mine off the top. Now, one could argue that's a
Speaker 2: lot of tax revenue. But if anybody had any good sense,
Speaker 2: you either raise your prices or sell somewhere else. Juice
Speaker 2: ain't worth the squeeze. And if they sell somewhere else,
Speaker 2: guess what. That creates a scarcity. Of products, which means
Speaker 2: our prices go up. Anyway, Is you following me how
Speaker 2: much a dollar costs? Big dog? What I'm saying is
Speaker 2: everything this man is said, it's just so not republican.
Speaker 2: That's the part I don't understand. You sound communist to me, homie,
Speaker 2: that sound like that's dictator energy. That's communism. You just
Speaker 2: gonna tell them what the price is. I do understand.
Speaker 2: You just gonna tell a private company that it ain't market.
Speaker 2: It ain't got nothing to do with the free market,
Speaker 2: is what I'm telling you to charge? Like, how is
Speaker 2: y'all what like? This is this bizarro world? Gravity don't
Speaker 2: work in his universe. I'm trying to tell you what
Speaker 2: he is describing is a communist rule if you in
Speaker 2: the eyes of what I thought Republicans were. Now, it's
Speaker 2: not necessarily communism. I'm just saying, like, that's what you say,
Speaker 2: communism is right, Like you're supposed to let the market
Speaker 2: do like he doing the He doing the thing. Now,
Speaker 2: let's talk about the Finesser now, the Finesse way, which
Speaker 2: is the kamalaway. Now, before I go and get into
Speaker 2: stuff for her specifically, we got to talk about what
Speaker 2: they agree on. What they agree on is these tips
Speaker 2: that we should not be taxing tips, and Trump yelled
Speaker 2: bite her when she said it, which I thought was hilarious.
Speaker 2: It's like, oh, she a bier cause like that's funny
Speaker 2: to me, Like did you get your whole plan? But
Speaker 2: what they're saying is if you're a wage worker, a
Speaker 2: gig worker, and you survive off tips, you should be
Speaker 2: able to have tips tax free. Now tips need its
Speaker 2: own It really needs its own episode, because I know
Speaker 2: how this sounds. Now if you live off tips, I
Speaker 2: also know how it sounds, cause it's like, oh, hell yeah,
Speaker 2: the hell yeah, let's go. Here's the issue with tips.
Speaker 2: Though I am personally I tip because I understand the
Speaker 2: situation of my comment. American, y'all in a situation that
Speaker 2: is it. We are both in a situation that's out
Speaker 2: of our control. Tips exist because these people ain't paid right.
Speaker 2: So since they not paid right, and the argument is, well,
Speaker 2: because you could get more on these tips than you
Speaker 2: could get by your salary, then gonna get your tips.
Speaker 2: It puts the onus on the consumer who just spent
Speaker 2: the money to cover the costs that your employer should
Speaker 2: be covering. Now that's not that worker's fault. That's the
Speaker 2: employer's fault. We bailing you out. Now, check this out.
Speaker 2: If you're telling me you're not gonna tax it if
Speaker 2: I'm the employer and I'm the employee. If I'm the employer,
Speaker 2: I'm like, oh, I could pay you less than matter
Speaker 2: of fact. If I'm the employee, I'm like, yeah, actually
Speaker 2: pay me less because that's less money I get taxed on,
Speaker 2: and I would much rather have the bulk of my
Speaker 2: income to come from tips because it's tax free. Now,
Speaker 2: if i'm you know, Joe blow construction worker, I'm like,
Speaker 2: ain't no tips in construction. That's wait, hold on, hold on,
Speaker 2: hold on, hold up. How come she ain't got to
Speaker 2: pay Tell come, he ain't got to pay taxes. So
Speaker 2: now you don't put the workers against each other. You
Speaker 2: feel me? Now, if I went to school to be
Speaker 2: a chef and I want to be back there being
Speaker 2: a cook, I'm like, hell no, ain't finna cook. Cooks
Speaker 2: don't get tips. Nigga the waiter get the tip. I
Speaker 2: want to go be a waiter cause they don't. You
Speaker 2: ain't gonna pay taxes on your bread. Now, of course
Speaker 2: that means that it's up to us, the consumer, to
Speaker 2: pay your wage. But why should I have to do
Speaker 2: that when because Trump was like yo, I just told
Speaker 2: the Feds to drop the interest rate. That mean inflation
Speaker 2: just went up. The cost of groceries is still outlandish.
Speaker 2: You don't put a tariff all the stuff, so the
Speaker 2: price everything already higher. Now I gotta pay a higher tip.
Speaker 2: And the only people that win in this is the employers.
Speaker 2: Them the only people come out stop free because I
Speaker 2: get to pay you less, because you're gonna make money
Speaker 2: because them suckers out there gonna pay for it. And
Speaker 2: you know what, because I understand you suffering people like
Speaker 2: I'm suffering people, I'm still gonna do it. I'm still
Speaker 2: gonna pay your tips because it's not your fault. So
Speaker 2: what I'm saying is, don't let these people fool you
Speaker 2: this tip thing. I know this is a lot of
Speaker 2: opinion right now. Now here's the thing, black man, black man,
Speaker 2: get your money. If this gonna help you get your money,
Speaker 2: I'm with it, I'm saying. And like I said, I'm
Speaker 2: gonna pay your tips. I'm gonna do the eighteen percent
Speaker 2: I'm gonna do to twenty percent. It's because you in
Speaker 2: the ocean, you might as well swim. I'm just saying systemically,
Speaker 2: the tip situation, it keeps the rich rich, it puts
Speaker 2: it keeps your employers off the hook. That means they
Speaker 2: ain't gotta pay you right. And they argue this. There
Speaker 2: was some restaurants in New York that got that got
Speaker 2: rid of tipping and said, don't worry about it, we
Speaker 2: just gonna pay our employees right. And you know what
Speaker 2: they did. They raised the prices. And what they said was, oh,
Speaker 2: we raising our prices so that we could pay our
Speaker 2: workers better. So rather than the company taking a cut
Speaker 2: taking a pay cut, they was like, we'll just raise
Speaker 2: our prices. And they're like, essentially, it's the bill's the same, right,
Speaker 2: the bill, the end, the end, bill is still the same.
Speaker 2: And they said it didn't work. People was like, nah,
Speaker 2: that's weird Stockholm syndrome, homy. So this the anarchist revolutionary
Speaker 2: in me. That's just like you're making us pay for
Speaker 2: your greed and then blaming us when people stay in poverty.
Speaker 2: It's it's quite a hustle. And that's why I said,
Speaker 2: but both of them agree on that, my lord. All right,
Speaker 2: Now common less specifically now The hard part for her
Speaker 2: is like, well, I mean, fam, you're already in office,
Speaker 2: so when you start talking about your economic policy, because
Speaker 2: like we're already living in it, you know, I just
Speaker 2: it don't sit don't. I don't know, man, It don't
Speaker 2: feel good. You know, you fighting the vibe situation where
Speaker 2: we are our ability to forget specifics and romanticize the
Speaker 2: past and feel like, Yo, things was fine under Trump,
Speaker 2: you know, as far as our money was concerned. And
Speaker 2: it feel crazy right now. That's a vibe. No matter
Speaker 2: what we talked about this before, No matter what statue
Speaker 2: can show, unemployment rate is very low and test rates
Speaker 2: are going down, gas prices are going down, it don't
Speaker 2: feel like it though. And maybe those numbers are national.
Speaker 2: But again, like I said, nobody lives in national. You
Speaker 2: live local. I know, in my neighborhood. My wife did
Speaker 2: the numbers, Alma did the numbers of yesterday. When she
Speaker 2: was texting texting me, she was like, yo, groceries doubled,
Speaker 2: like what we paid last year versus this year fo
Speaker 2: the same groceries dumped. You can't. I don't know what
Speaker 2: to tell you, homegirl. This what we This is what
Speaker 2: we're feeling. This what's happening? So, I mean, what is
Speaker 2: you gonna do that's different than your homeboy? Now, in
Speaker 2: her defense, it's not her plan, it's his plan. And
Speaker 2: it's just that's the hard part about being a vice
Speaker 2: president when you got somebody you know in front, like
Speaker 2: you can't can't burn out HOMIEA like he the lead,
Speaker 2: you know what I'm saying. So now that you're the lead. Okay,
Speaker 2: so what you're gonna do different? Now if you start
Speaker 2: talking about what you're gonna do different, that is so
Speaker 2: different than what you've been doing, It's like, are you fraudulent?
Speaker 2: Why ain't you? Why was it you saying something this
Speaker 2: whole time? You just let you just disagree with Homie
Speaker 2: this whole time. It's a bad position. We're gonna see though.
Speaker 2: Let's see what she's talking about now this this you
Speaker 2: gotta be a You gotta be a rizzler. You gotta
Speaker 2: be a finesse god. First of all. You gotta finesse
Speaker 2: your way into being able to take credit for the good,
Speaker 2: but also remove yourself from the bad and communicate that like, na,
Speaker 2: I mean, we got some wins, but I do feel
Speaker 2: y'all pain. And then like I said, her policy, the
Speaker 2: way that she running it finesse. God, that's her plan.
Speaker 2: Her plan is to finesse a lot of the same
Speaker 2: stuff Trump talking about. But like this, So her lead off,
Speaker 2: her lead single, you know, her number one lead single
Speaker 2: off the album is the grocery prices is food industry. Now. Remember,
Speaker 2: while Trump's attitude would be like walking there and be like, hey, honey,
Speaker 2: lower your prices, she's more of a finesser and her
Speaker 2: answer is okay, listen, it's too concentrated right. Matter of fact,
Speaker 2: there was a merger that just like I believe it
Speaker 2: was Alberson's at Kroger. I think that's exactly what it was.
Speaker 2: But one of these grocers they were gonna merge into
Speaker 2: a place to where it would be a monopoly. So
Speaker 2: they like, well, if you got a grocery monopoly, it
Speaker 2: ain't before grocery stores to go to unless you go
Speaker 2: into like the local, independent, underground grocery stores. Besides that,
Speaker 2: it's like these are only options. So if they the
Speaker 2: only options, that's how you price gouge. Like we said before,
Speaker 2: you could charge whatever you want because we the only options.
Speaker 2: So they thing is like, well rather than coming here
Speaker 2: and be like, hey, hommy, lower your prices. We just
Speaker 2: gonna chip off bread to your competition. Were gonna help
Speaker 2: these other smaller grocers get they weight up, because if
Speaker 2: they get they weight up and they charge in less
Speaker 2: or you're gonna lose your customers. That's gonna make you
Speaker 2: lower your prices because now there's more options. You see
Speaker 2: that that's a finesse. I need you to lower your prices.
Speaker 2: But rather than coming in there and just telling you
Speaker 2: what to do, it's like, all right, cool, bet, it's
Speaker 2: more like it'd rather than be like do this, I'm
Speaker 2: gonna beat your ass, it's more like you're not gonna
Speaker 2: do it. Okay, bet, hey homie, come here. How much
Speaker 2: you need to get your way up? All yo, get
Speaker 2: twenty million dollars out, go build you a grocery store.
Speaker 2: I mean they say, I mean you could have just
Speaker 2: you could have just lowered your prices. But if y'all
Speaker 2: not gonna do that on your own, this is how
Speaker 2: I'm gonna do it. And you know what her thing
Speaker 2: is like, everybody happy that way, that way, everybody get
Speaker 2: they everybody like you might get better groceries. Now where
Speaker 2: that twenty million dollars coming from so she gonna give
Speaker 2: bread and break up monopolies and grocery stores, but also
Speaker 2: in actual food industry, Like there's bread they giving to
Speaker 2: the meat industry. She running the same play with both
Speaker 2: of them, the store and with the manufacturer. That the
Speaker 2: same play we did with Google. That just now just
Speaker 2: happened with Google. That was just like remember what has
Speaker 2: that came out already? Yeah? It did?
Speaker 1: I remember?
Speaker 2: Did did the episode about Google? Did we put that
Speaker 2: out yet? I don't know who I'm asking? Ain'tybody else
Speaker 2: in here? It's the anti you know, the anti the
Speaker 2: anti trust stuff, the anti monopolis like bro naw, you
Speaker 2: got too much control, if you got too much over
Speaker 2: the whole thing, then, like I just you could charge
Speaker 2: whatever you want. Ain't it's traded Joe's and sprouts if
Speaker 2: you won't try to eat well, you know, because whole
Speaker 2: foods is like I mean, my lord, I don't know
Speaker 2: if you heard the arawon you feel me like that?
Speaker 2: Y'all just it's just y'all can't just be having y'all
Speaker 2: just can't be charging what you want. So we should
Speaker 2: have more options than Wharmel and Boar's Head, which had
Speaker 2: to you know, they had to return up with all
Speaker 2: that stuff because they was finn kill us what they meet,
Speaker 2: you know, nice. We should just have more options than that.
Speaker 2: So she like, look, why not throw some bread? You
Speaker 2: feel me to some of these like independent, you know,
Speaker 2: little underground, the little little meat industries, the little meat
Speaker 2: meat packing places that ain't got but twenty followers on Spotify.
Speaker 2: You uniterstand I'm saying twenty monthly listeners. They might be
Speaker 2: really dope. They just ain't got the bread to put
Speaker 2: up the banners and you know, and pay for the ads.
Speaker 2: You feel me, so like, let me help you pay
Speaker 2: for some ads. Man, get up, bro, They shouldn't have
Speaker 2: it all. Now, Well, the thing I'm describing right now
Speaker 2: is and has been traditionally, that's a very republican market
Speaker 2: response to a market problem. I'm telling you man, it's
Speaker 2: the upside downward. That's a republic that's traditionally a republican
Speaker 2: way to handle things. But then she gets back to
Speaker 2: her own turf and she starts talking about price gouge. Now,
Speaker 2: what a price gouge is, by definition, is like it's
Speaker 2: when you exploit a natural disaster to raise your prices.
Speaker 2: A crisis, right, like if a blizzard hits. I can't
Speaker 2: just all of a sudden triple the cost on generators
Speaker 2: and shovels, like, you can't just do that. So the
Speaker 2: understanding is over the pandemic. Because the supply chain failed,
Speaker 2: people had to raise their prices, and that's understandable. Well,
Speaker 2: the supply chain fine, now and the prices is still up,
Speaker 2: which means he shouldn't you be lowering the prices now
Speaker 2: because you told me that you was raising it because
Speaker 2: of the supply chain. But the supply chain fine, why
Speaker 2: the prices ain't go back down? So we like, yo,
Speaker 2: that's price s gouge. So she's proposing a few federal
Speaker 2: law against price gouging. Now there are state laws against it.
Speaker 2: Like I said, you can't exploit. You're not allowed to
Speaker 2: exploit a natural disaster. She's saying, I'm gonna make it federal.
Speaker 2: There's already laws for I was gonna make a federal
Speaker 2: Now that's more. Again, that's a finesse because here's the thing,
Speaker 2: there's no actual there's not really any data that shows
Speaker 2: statistically that price gouging is actually happening, but it show
Speaker 2: you feel like it. So in this sense, she finessing us,
Speaker 2: because that would make me feel better that you made
Speaker 2: a law that says y'all not allowed to do this,
Speaker 2: even if they're not doing it. It's cool to know this.
Speaker 2: But again, by state the lardy exists. This is a finesse.
Speaker 2: And again this is me not telling you lower your price.
Speaker 2: This is saying, hey, you're not allowed to hire it
Speaker 2: more than it should be. But again, you still gonna
Speaker 2: do what I want you to do. I'm still I'm
Speaker 2: still a shot caller. I'm just I'm coming about it differently. Now.
Speaker 2: We all feel the housing crisis. They cost too much,
Speaker 2: it ain't enough. Her answer ain't like, just kick these
Speaker 2: niggas out. The bullyway is the finesse way. You run
Speaker 2: up to a company and say, hey, homy, we need
Speaker 2: to build three million more houses. If you down to
Speaker 2: help me with this, I'm gonna give you a tax
Speaker 2: break and I'm gonna throw you some bread to get
Speaker 2: it started because we just need more houses. So I'm
Speaker 2: gonna help you do this. I'm gonna use this bread
Speaker 2: that we had sitting over here to invest in you
Speaker 2: to give you a financial incentive to do what I
Speaker 2: need you to do, because you ain't just doing them
Speaker 2: yourself and the money that you would just be charging
Speaker 2: the public. How about this, I cover a lot of that,
Speaker 2: So we'll cover that because I need you to build
Speaker 2: these houses. In our government, there's already money a lotted
Speaker 2: for this stuff. And she like, I'm just gonna do this,
Speaker 2: put a surplus out. We just need how you bring
Speaker 2: the prices down as you just you build more. Then
Speaker 2: on top of that, after she cut the bread for
Speaker 2: them to help build the things, she say, Hey, if
Speaker 2: you are qualified first time home buyer, I'm gonna send
Speaker 2: you twenty five thousand dollars to help down with your
Speaker 2: down payment. I'll just send you the bread because the
Speaker 2: down payment. Listen, I'm self employed to buy a house.
Speaker 2: Like you know you hear stuff like three percent down
Speaker 2: Mine was thirty. I needed thirty percent of the cost
Speaker 2: of this house for a down payment for me to
Speaker 2: get approved for a traditional loan. Are you that's thirty
Speaker 2: thirty percent? If somebody would have cut me a check
Speaker 2: for twenty five thousand dollars to help out for that,
Speaker 2: are you kidding me?
Speaker 1: Bro?
Speaker 2: You kidding me? Now? Use Joe Antennas. Okay, there's more houses.
Speaker 2: If I'm the company or if I'm selling my house
Speaker 2: or whatever the case may be. Now, everybody who's given
Speaker 2: me a offer has an extra twenty five k to
Speaker 2: throw into this. What am I gonna do? I hear you,
Speaker 2: I'm just gonna charge more. This ain't gonna bring the
Speaker 2: price down, nigga. This is gonna raise it twenty five
Speaker 2: thousand because I know well all y'all got that, So
Speaker 2: I'm still gonna give it to the highest bidder, my nigga,
Speaker 2: Like this is basic, eken, Like, are you just look
Speaker 2: my eleventh grade teacher, mister Jeffrey, Mister Jeffrey, you used
Speaker 2: to tell us that our homework and then he finally
Speaker 2: told me the game later. It made so much sense.
Speaker 2: Our homework was worth a hundred points, like, damn, that's
Speaker 2: a lot. Our tests were worth a thousand points, and
Speaker 2: then exams were worth ten thousand points. I was like, damn,
Speaker 2: one hundred points, dog, you can't miss a hundred when
Speaker 2: you missed a sigmon, you miss a hundred points. Got oh.
Speaker 2: He was like, it's just a decimal, Jason, one hundred points,
Speaker 2: ten points, one point, and I just it's just you're
Speaker 2: just moving the I'm just doing that because it just
Speaker 2: sounds like a lot, And I was like, this is
Speaker 2: a finesse, dude, twenty five k just moving to decimal
Speaker 2: just because that just becomes the new zero. You follow me,
Speaker 2: It's just a news. When you was a child and
Speaker 2: your auntie gave you a dollar, it felt like a lot.
Speaker 2: When you was a pre teen and she gave you
Speaker 2: ten dollars, it felt like a lot. When you were sixteen.
Speaker 2: If that wasn't a whole bill, and if that wasn't
Speaker 2: a hundred in there, it was like, dang, cuz, thanks
Speaker 2: for the twenty. I can't even get nothing with it.
Speaker 2: You just moved the decimal. It becomes the new zero.
Speaker 2: God dam. And finally, her big one is the child
Speaker 2: tax Credit, which, thank you very much, I will take that.
Speaker 2: That was one of the good ones. She talking about
Speaker 2: giving six thousand dollars a year to parents and newborns. Yo.
Speaker 2: I don't know if you have children, but they cost
Speaker 2: a lot, So this child tax credit I remember in
Speaker 2: twenty twenty one, y'all, Like, I can't stress enough how
Speaker 2: it exploitatively expensive unless you work from home or work
Speaker 2: for yourself, or can afford a nanny. Your children out
Speaker 2: of school by three o'clock. What they gonna do till
Speaker 2: you get off work, Well, you gotta pay for that.
Speaker 2: And if you if both of y'all got to be
Speaker 2: at school and work at eight o'clock, you got to
Speaker 2: drop your kids off earlier. So that's called morning care.
Speaker 2: And don't let the summer start, boy. I used to
Speaker 2: like the summer, nigga. The summer used to be a
Speaker 2: break till you become a parent. You know how much
Speaker 2: the summer costs? All your little summer camps? You remember
Speaker 2: all your little all your little fun little remembery you
Speaker 2: know memories of summer camp and going to the daycares
Speaker 2: and visiting your grandmama and going to the lake. Do
Speaker 2: you know how much that costs? Do you know how
Speaker 2: much money we spend in the God help me.
Speaker 1: Lord?
Speaker 2: That child tax credit was a man, and for somebody
Speaker 2: like me who is self employed, I need all the
Speaker 2: tax credits I can get because y'all, like, I still
Speaker 2: owe iHeart money over this over this podcast. These ads
Speaker 2: ain't added up to paying them back here, I still
Speaker 2: owe them money, y'all. Please y'all please share this podcast, y'all,
Speaker 2: please listen to these ads. I still ain't making no
Speaker 2: money off. I still owe them, niggas Bundy, please please
Speaker 2: give you a text credit. So listen, this is coming in.
Speaker 2: This is what I mean by a finesse. It's coming indirectly.
Speaker 2: It's saying, since you won't lower your prices, I'm just
Speaker 2: gonna dig up your homies. Well, since you ain't gonna
Speaker 2: pay for it, I'm gonna take that money and give
Speaker 2: it to these fools and make sure you do that.
Speaker 2: And then you're gonna finesse all of us and create
Speaker 2: a law that already exists to make us feel better. Now,
Speaker 2: how much does this gonna cost? I'm gonna try to
Speaker 2: make this a little faster because this stuff is kind
Speaker 2: of like really in the weeds, right, but again, dollars lost.
Speaker 2: If you cut taxes, that's less money coming in, right,
Speaker 2: If you spend, that's less money also that we we had.
Speaker 2: We're getting into our reserves. It's super simple. Can't spend
Speaker 2: money you ain't got, that's called borrowing, and then you
Speaker 2: get in debt. So here we go. Let's make it
Speaker 2: real easy. The child tax credit that I'm talking about,
Speaker 2: it will cost us one point seven trillion dollars. I'm
Speaker 2: gonna say that one more time, one point seven trillion dollars.
Speaker 2: I know these numbers don't feel real. It is really
Speaker 2: hard for me to get my head around a trillion,
Speaker 2: like the amount of money our country actually has. Like
Speaker 2: there might as well be it might as well be
Speaker 2: like you know, Narnia money, cause it's just and we
Speaker 2: make it ourselves. There's there is just so much money
Speaker 2: that it makes it so weird that you and I
Speaker 2: are like cheering over you not taxing our tips or
Speaker 2: funky little eighteen hundred dollars nigd a trillion anyway. But
Speaker 2: then now you add that to the newborn tax credit
Speaker 2: that's one point three billion, the expanding of health insurance
Speaker 2: tax credits that's two hundred and twenty five billion dollars. Now,
Speaker 2: when I say tax credit, what that means is most
Speaker 2: of the time, at the end of the year, when
Speaker 2: you do your taxes, they gonna take that off what
Speaker 2: you owed and then you gonna get a check. Does
Speaker 2: that make sense. So it's more like like a voucher,
Speaker 2: if you will, But with the housing one. With the
Speaker 2: housing one at the end of the year ain't gonna
Speaker 2: do us no good. I need the money now, Like
Speaker 2: when I agree to sign the papers, and I got
Speaker 2: closing costs. You need to send me this check. So
Speaker 2: that one's a little different. But most of the time
Speaker 2: it's like when you go do your taxes and then
Speaker 2: they say, hey, this is what you're claiming, this is
Speaker 2: what you paid, this is what you owe. Oh but wait,
Speaker 2: you get a tax credit because you got these many
Speaker 2: kids and these many and you know or you know,
Speaker 2: you got whatever the tax credit is. Then they take
Speaker 2: that number, add that to whatever your tax bill is.
Speaker 2: And if you are gonna get four hundred dollars back,
Speaker 2: now you're gonna get you know, two thousand or sixteen
Speaker 2: hundred back because of whatever tax credit you were gonna get.
Speaker 2: However much tax credit is that makes sense. It's not
Speaker 2: I think you're gonna cut you a check. Sometimes they do,
Speaker 2: but a tax credit means this and then a down
Speaker 2: payment support one point three billion dollars. But then you
Speaker 2: raise the tax corporate to twenty eight percent. Remember you
Speaker 2: know we still democrats. You taxing the rich. So you
Speaker 2: raise it one point, raise it twenty eight percent. We're
Speaker 2: gonna make in taxes one point. Let me look at
Speaker 2: this again, one point one trillion dollars in tax revenue
Speaker 2: So tax credits is money going out right to us,
Speaker 2: right raising taxes money coming in. If you're the government, obviously,
Speaker 2: it's the other way around if you're the consumer. If
Speaker 2: you're the this is the tax credit is money coming
Speaker 2: to us. And then the tax, the corporate tax is
Speaker 2: money going out of You understand what I'm saying depends
Speaker 2: on which side of this fence you're standing up. But
Speaker 2: when you tally it all together, add up all the
Speaker 2: things that all come come together with it. I'm not
Speaker 2: naming all of it, but it's a bunch of stuff.
Speaker 2: You had to hold thing up and it comes up
Speaker 2: to being a one point two trillion dollar deficit. So ultimately,
Speaker 2: how much a dollar cost? How much thing gonna cost us?
Speaker 2: One point two trillion dollars? God damn. Now let's look
Speaker 2: at Trump's Trump talking about individual extended individual, not just
Speaker 2: tax credit, individual tax cuts. So we're just gonna cut
Speaker 2: all of our taxes. So the way you explain that
Speaker 2: is that's not just them just cutting us a check,
Speaker 2: it's just charging us less. You feel me, you should
Speaker 2: get the sense that, like at the end of the day,
Speaker 2: the government gonna get they money. That's how you should
Speaker 2: just the money you give me, I'm probably just gonna
Speaker 2: give it right back to you hammer or finess. That's
Speaker 2: less money coming in. He talked about three point four
Speaker 2: trillion dollars. Sounds great. I'd love for lower taxes. And
Speaker 2: then you eliminate the taxes on the Social Security benefits.
Speaker 2: That's one point two trillion dollars. The business tax cuts,
Speaker 2: meaning you know, you create jobs, you're doing your thing,
Speaker 2: I'm gonna give you a tax break. That's six hundred
Speaker 2: and twenty three billion dollars. And then you lower the
Speaker 2: corporate income tax. Now remember we were talking about or
Speaker 2: now we she was talking about raising corporate endpoint tax.
Speaker 2: So if I raise the corporate income tax, and that's
Speaker 2: money coming in, I'm gonna make one point one trillion
Speaker 2: on corporations. Trump talking about lowering their tax credit. Five
Speaker 2: one hundred and ninety five billion dollars. Is what is
Speaker 2: going to be taken out of the budget by lowering
Speaker 2: the tax credit. Now again, the corporate one. Again, it's
Speaker 2: with the thought that if they have more money, they're
Speaker 2: gonna spend it on our economy. Bring it. So the
Speaker 2: ideas is supposed to balance out, like whatever money you
Speaker 2: cut them, whatever, whatever money we give people, they just
Speaker 2: gonna give it right back to us. Is the is
Speaker 2: the theory. Now when you add his plans altogether, his
Speaker 2: plan is gonna cost us five point eight trillion dollars.
Speaker 2: That's what it's gonna add to the deficit. I'm gonna
Speaker 2: say this again. Her plan is gonna add one point
Speaker 2: two to one trillion dollars or one point two trillion
Speaker 2: dollars to the deficit. His plan is gonna add five
Speaker 2: point eight trillion dollars to the deficit. Now you tell
Speaker 2: me which one of them is better with money? You
Speaker 2: just got to do the numbers. Now, this the data.
Speaker 2: I will link to the show notes a few of
Speaker 2: these papers that I'm getting them from, and you could
Speaker 2: read it yourself. I'm just saying they theory is use
Speaker 2: our power to make this happen. One is a bully,
Speaker 2: the other is a finesser. And the last thing I'll
Speaker 2: say to y'all is a meme that went through my
Speaker 2: little feed that I think ties this all together. And
Speaker 2: it's a question that says, like, what's considered trashy if
Speaker 2: you're poor, but classy if you're rich. Homegirl said day drinking,
Speaker 2: speaking two languages, hard drugs and tax avoids. That's classy
Speaker 2: if you're rich, tragy, if you're poor and the one.
Speaker 2: I would add one more thing to this, an extreme
Speaker 2: amount of debt the politics.
Speaker 1: Y'all.
Speaker 2: All right now, don't you hit stop on this pod.
Speaker 2: You better listen to these credits. I need you to
Speaker 2: finish this thing so I can get the download numbers. Okay,
Speaker 2: so don't stop it yet, but listen. This was recorded
Speaker 2: in East Lost Boyle Heights by your boy Propaganda. Tap
Speaker 2: in with me at prop hip hop dot com. If
Speaker 2: you're in the Coldbrew coffee we got Terraform Coldbrew. You
Speaker 2: can go there dot com and use promo code hood
Speaker 2: get twenty percent off get yourself some coffee. This was mixed, edited,
Speaker 2: and mastered by your boy Matt Alsowski killing the Beast Softly.
Speaker 2: Check out his website Matdowsowski dot com. I'm a speller
Speaker 2: for you because I know M A T. T O
Speaker 2: S O W s ki dot com Matthowsowski dot com.
Speaker 2: He got more music and stuff like that on there,
Speaker 2: so gonna check out. The heat Politics is a member
Speaker 2: of cool Zone Media, Executive produced by Sophie Lichterman, part
Speaker 2: of the iHeartMedia Podcast Network. Your theme music and scoring
Speaker 2: is also by the One and Oh. Believe mattow Sowski
Speaker 2: still killing the beats softly, so listen. Don't let nobody
Speaker 2: lie to you. If you understand urban living, you understand politics.
Speaker 2: These people is not smarter than you. We'll see y'all
Speaker 2: next week.