1 00:00:11,640 --> 00:00:17,880 Speaker 1: The Jesse Kelly Show. Let's have some fun on a Thursday. 2 00:00:18,239 --> 00:00:21,720 Speaker 1: The week is almost over. Remember Remember at the end 3 00:00:21,800 --> 00:00:26,759 Speaker 1: of Thursday's show, it officially ushers in the weekend here 4 00:00:26,840 --> 00:00:30,600 Speaker 1: because Tomorrow's and ask doctor Jesse, Friday that counts is 5 00:00:30,640 --> 00:00:33,680 Speaker 1: the weekend. Baby. So what do we have for tonight? Wow, 6 00:00:35,320 --> 00:00:38,640 Speaker 1: we're gonna do something a little bit different than we 7 00:00:38,680 --> 00:00:40,920 Speaker 1: normally do on the show. I know we do this some, 8 00:00:41,360 --> 00:00:43,960 Speaker 1: but we're gonna do a little more tonight because obviously, 9 00:00:44,000 --> 00:00:49,640 Speaker 1: what's the news today? It's all anyone can talk about, recession, recession, recession, transition, recession, 10 00:00:49,680 --> 00:00:52,960 Speaker 1: the economy shrinking, this, this, this is this. I'm going 11 00:00:53,000 --> 00:00:56,360 Speaker 1: to I'm gonna explain a couple of things about the 12 00:00:56,360 --> 00:01:00,560 Speaker 1: economy that may be confusing, and I'm going to explain 13 00:01:01,760 --> 00:01:07,040 Speaker 1: why I have such a dark outlook on where we're going. 14 00:01:07,280 --> 00:01:09,479 Speaker 1: Don't worry, it's not gonna be too dark into pressing, 15 00:01:09,560 --> 00:01:12,200 Speaker 1: but I'm We're gonna have a frank talk tonight, a 16 00:01:12,280 --> 00:01:15,520 Speaker 1: very very very frank talk. Why are they doing this? 17 00:01:16,000 --> 00:01:18,560 Speaker 1: Why do I have a dark outlook on where we're going? 18 00:01:18,600 --> 00:01:22,080 Speaker 1: We're gonna talk about that. We're gonna talk about government 19 00:01:22,080 --> 00:01:26,119 Speaker 1: committing murder, mass murder on its citizens. No, no, I'm 20 00:01:26,120 --> 00:01:30,080 Speaker 1: not talking about far away governments. I'm talking about yours. 21 00:01:30,400 --> 00:01:32,759 Speaker 1: They already did it and no one's gone to jail 22 00:01:32,840 --> 00:01:34,679 Speaker 1: for it. And we're going to describe, you know what. 23 00:01:34,720 --> 00:01:37,480 Speaker 1: I might talk about that in fifteen minutes, fifteen twenty minutes, 24 00:01:37,480 --> 00:01:39,360 Speaker 1: as soon as I'm done with the economy. That's what 25 00:01:39,400 --> 00:01:44,560 Speaker 1: we're gonna talk about. Mexico is apparently mad that Americans 26 00:01:44,600 --> 00:01:47,760 Speaker 1: are coming into their area. Huh. That is that is 27 00:01:47,840 --> 00:01:53,720 Speaker 1: interesting military recruiting numbers. West Virginia, of all places, is 28 00:01:54,080 --> 00:01:59,200 Speaker 1: apparently going to lead the fight against communism in corporate America. 29 00:01:59,360 --> 00:02:02,440 Speaker 1: That and much more tonight on The Jesse Kelly Show. 30 00:02:02,440 --> 00:02:04,920 Speaker 1: By the way, I remember, as I pointed out Tomorles 31 00:02:04,920 --> 00:02:08,680 Speaker 1: and ask doctor Jesse Friday. In case you don't know, 32 00:02:08,919 --> 00:02:12,480 Speaker 1: the entire three hours is me answering all your questions 33 00:02:12,520 --> 00:02:16,560 Speaker 1: that you email in right now, not tomorrow, right now 34 00:02:16,600 --> 00:02:21,440 Speaker 1: to Jesse at Jesse Kelly Show dot com. What's the 35 00:02:21,440 --> 00:02:27,079 Speaker 1: news today, You've been hearing it all day long. Recession, recession, recession, 36 00:02:27,080 --> 00:02:30,600 Speaker 1: It's official today. It's shrunk by point point nine. It's 37 00:02:30,639 --> 00:02:33,400 Speaker 1: a recession. But what does what do those things mean 38 00:02:33,480 --> 00:02:37,160 Speaker 1: because all these people they go on TV. And this 39 00:02:37,200 --> 00:02:40,280 Speaker 1: is something I've always found frustrated, frustrating as a very 40 00:02:40,320 --> 00:02:43,960 Speaker 1: stupid person. I find it frustrating when very smart people 41 00:02:44,000 --> 00:02:47,000 Speaker 1: go on television or on the radio and they all 42 00:02:47,200 --> 00:02:52,200 Speaker 1: use words that they pretend everyone understands. They do it 43 00:02:52,280 --> 00:02:55,880 Speaker 1: all the time. But point nine, gdp q Q are 44 00:02:56,240 --> 00:02:58,919 Speaker 1: but the second que with the labor market and the 45 00:03:00,080 --> 00:03:03,040 Speaker 1: well people don't know what these words mean. So let's 46 00:03:03,040 --> 00:03:08,440 Speaker 1: have a very frank talk. Another part of why everyone's 47 00:03:08,480 --> 00:03:11,440 Speaker 1: so confused right now is obviously the lying, and we're 48 00:03:11,440 --> 00:03:14,000 Speaker 1: going to touch on that just very briefly. The lying. 49 00:03:14,680 --> 00:03:18,720 Speaker 1: The messaging is already underway. What does that messaging? Remember this, 50 00:03:19,200 --> 00:03:23,120 Speaker 1: just like I've explained to you after the Afghanistan collapsed, 51 00:03:23,240 --> 00:03:26,320 Speaker 1: after the mass shooting in Buffalo, After how many times 52 00:03:26,320 --> 00:03:31,239 Speaker 1: have I explained to you whenever something terrible happens, whenever 53 00:03:31,440 --> 00:03:36,560 Speaker 1: something terrible happens, because we're dealing with anti human communists here, 54 00:03:37,080 --> 00:03:40,000 Speaker 1: they're not capable of empathy or anything like that, because 55 00:03:40,040 --> 00:03:45,040 Speaker 1: that's who we're dealing with. They don't have a meeting 56 00:03:46,000 --> 00:03:50,080 Speaker 1: and have actual feelings or empathy or anything like that. Oh, 57 00:03:50,120 --> 00:03:53,880 Speaker 1: they have a meeting, but they immediately have a meeting 58 00:03:54,160 --> 00:03:58,440 Speaker 1: about messaging and political strategies. There's there's never even a 59 00:03:58,480 --> 00:04:01,960 Speaker 1: moment where they feel bad. You know, Afghanistan collapses. The 60 00:04:02,000 --> 00:04:04,920 Speaker 1: Biden administration didn't calls in some meeting and say, wow, 61 00:04:04,960 --> 00:04:07,880 Speaker 1: we have we have thirteen dead Americans. It is such 62 00:04:07,920 --> 00:04:10,880 Speaker 1: a sad day to lose these warriors. No one shed 63 00:04:10,880 --> 00:04:13,200 Speaker 1: it here, No one cared. Hey, how do we message this? 64 00:04:13,520 --> 00:04:17,039 Speaker 1: I know, let's drone strike some kids. A bunch of 65 00:04:17,040 --> 00:04:19,520 Speaker 1: black people get mowed down at the supermarket and buffalo. 66 00:04:20,360 --> 00:04:23,200 Speaker 1: They didn't scramble to have a meeting. Oh man, it's 67 00:04:23,320 --> 00:04:25,560 Speaker 1: very sad. How can we help out those families? This 68 00:04:25,640 --> 00:04:29,559 Speaker 1: is devastating. Biden, Saki, all of them. They got together 69 00:04:29,640 --> 00:04:31,760 Speaker 1: right away, of course, Hey, how do we use this. 70 00:04:31,960 --> 00:04:34,839 Speaker 1: Let's message this? This is good for us? Good news, right, guys. 71 00:04:36,040 --> 00:04:40,479 Speaker 1: Same thing today with the recession. When you announce a recession, 72 00:04:41,240 --> 00:04:44,039 Speaker 1: when you know you're in a recession, here is the 73 00:04:44,120 --> 00:04:46,960 Speaker 1: reality of life, and it very likely is the reality 74 00:04:47,000 --> 00:04:52,680 Speaker 1: of your life. Your standard of living is disappearing in 75 00:04:52,720 --> 00:04:57,640 Speaker 1: front of your eyes. Maybe you're already tapping emergency savings. 76 00:04:57,640 --> 00:05:01,000 Speaker 1: That we hear a lot of that it's running out. 77 00:05:01,800 --> 00:05:06,720 Speaker 1: Maybe your delaying retirement. Over twenty percent are already delaying retirement. 78 00:05:06,839 --> 00:05:10,440 Speaker 1: Imagine working your entire life, finally almost skating their boom. 79 00:05:10,480 --> 00:05:15,200 Speaker 1: Recession wipes it out. Maybe you're having to make medical sacrifices. 80 00:05:15,240 --> 00:05:18,440 Speaker 1: People forget how many people out there right now rely 81 00:05:18,640 --> 00:05:21,960 Speaker 1: on life saving medications and medical treatments for theirselves and 82 00:05:22,080 --> 00:05:25,279 Speaker 1: family members that are expensive. Maybe that money's running out. 83 00:05:25,960 --> 00:05:28,039 Speaker 1: Maybe you're not going to see your mother anymore. You 84 00:05:28,080 --> 00:05:30,880 Speaker 1: can't afford the gas. Maybe this maybe that people are 85 00:05:30,960 --> 00:05:35,240 Speaker 1: watching their standard of living decrease. The basic nutrition in 86 00:05:35,279 --> 00:05:39,080 Speaker 1: your family is probably going down because of the prices. 87 00:05:39,360 --> 00:05:43,240 Speaker 1: The American people are watching their way of life be destroyed. 88 00:05:44,440 --> 00:05:50,400 Speaker 1: How does a corrupt administration full of uncaring, anti human communists, 89 00:05:50,400 --> 00:05:53,839 Speaker 1: how do they react when something like that happens. Well, 90 00:05:53,839 --> 00:05:56,279 Speaker 1: they just simply have a meeting and change the messaging. 91 00:05:56,320 --> 00:05:59,720 Speaker 1: You see, it's not a recession, it's a transition. Or 92 00:06:00,279 --> 00:06:02,719 Speaker 1: what wrior seeing is that we are in a transition, 93 00:06:03,560 --> 00:06:07,480 Speaker 1: just a transition. Janet Yellen on TV. It's not a recession, 94 00:06:07,520 --> 00:06:10,520 Speaker 1: it's a transition. Any businesses seem to be preparing for 95 00:06:10,560 --> 00:06:14,760 Speaker 1: a recession, should all Americans at home be preparing for 96 00:06:15,200 --> 00:06:19,719 Speaker 1: a recession that many people think now is likely. Well, look, 97 00:06:20,520 --> 00:06:24,880 Speaker 1: the economy is slowing down. It last year it grew 98 00:06:25,040 --> 00:06:28,600 Speaker 1: very rapidly at about five and a half percent, and 99 00:06:29,200 --> 00:06:33,440 Speaker 1: that succeeded in putting people back to work who had 100 00:06:33,680 --> 00:06:38,200 Speaker 1: lost their jobs during the pandemic. The labor market is 101 00:06:38,240 --> 00:06:44,279 Speaker 1: now extremely strong. Even just during the last three months, 102 00:06:45,279 --> 00:06:49,320 Speaker 1: net job gains average three hundred and seventy five thousand. 103 00:06:50,000 --> 00:06:54,200 Speaker 1: This is not an economy that's in recession, but we're 104 00:06:54,200 --> 00:06:58,640 Speaker 1: in a period of transition in which growth is slowing. 105 00:06:59,279 --> 00:07:05,520 Speaker 1: There's that it again, transition. Amazing, how they so how 106 00:07:05,560 --> 00:07:09,240 Speaker 1: they're always so consistent, right, transition. It's not a recession, 107 00:07:09,440 --> 00:07:11,760 Speaker 1: it's a transition. We don't want to evolve into the 108 00:07:11,840 --> 00:07:15,680 Speaker 1: recession label debate, but I do wonder do you eventually 109 00:07:15,720 --> 00:07:20,520 Speaker 1: expect the NBR to declare, what we're in a recession? Well, 110 00:07:20,560 --> 00:07:23,400 Speaker 1: we're certainly in a transition and we are there. It 111 00:07:23,520 --> 00:07:28,280 Speaker 1: is again. Remember, as Americans have their way of life destroyed, 112 00:07:28,320 --> 00:07:31,000 Speaker 1: as you have your standard of living evaporate in front 113 00:07:31,040 --> 00:07:34,600 Speaker 1: of your eyes, there's nobody having a meeting right now 114 00:07:35,080 --> 00:07:37,480 Speaker 1: trying to figure out how to make things better for 115 00:07:37,560 --> 00:07:40,640 Speaker 1: you to how to improve your life, how to make 116 00:07:40,640 --> 00:07:44,120 Speaker 1: groceries more affordable. Those thoughts don't even enter their head 117 00:07:44,160 --> 00:07:47,080 Speaker 1: because they're actually intending to make all those things much 118 00:07:47,160 --> 00:07:49,520 Speaker 1: much worse. And I'm about to go into all that tonight. 119 00:07:49,520 --> 00:07:52,280 Speaker 1: We're going way deep tonight. Just buckle up with me. 120 00:07:53,320 --> 00:07:57,760 Speaker 1: They have meetings and they simply discuss messaging and buzzwords. 121 00:07:58,560 --> 00:08:02,880 Speaker 1: When we officially became in a recession today, they didn't 122 00:08:02,920 --> 00:08:05,440 Speaker 1: have some all hands on deck meeting in the White 123 00:08:05,480 --> 00:08:08,880 Speaker 1: House where everybody's dabbing their eyes and talking about how, 124 00:08:09,320 --> 00:08:12,440 Speaker 1: you know, John and Staten Island. He can't afford anymore 125 00:08:12,480 --> 00:08:15,400 Speaker 1: to go see his mother's. His little billy needs that, 126 00:08:15,720 --> 00:08:18,560 Speaker 1: he needs that insulin medication. He can't afford that. They 127 00:08:18,560 --> 00:08:22,400 Speaker 1: didn't even think about that once they all gathered together 128 00:08:22,520 --> 00:08:25,440 Speaker 1: in the White House today and said, all right, hey, recession, 129 00:08:25,600 --> 00:08:27,880 Speaker 1: no biggie right, how are we going to message it? Guys? 130 00:08:29,320 --> 00:08:33,480 Speaker 1: That's how they do it. There's no feeling at all, 131 00:08:34,120 --> 00:08:38,040 Speaker 1: there's no empathy at all, there's no care whatsoever because 132 00:08:38,040 --> 00:08:43,200 Speaker 1: they're anti humans, which brings us to where we're going. 133 00:08:44,040 --> 00:08:46,640 Speaker 1: And this is going to be difficult, is going to 134 00:08:46,720 --> 00:08:49,840 Speaker 1: be difficult to hear, But I'm gonna play you something 135 00:08:49,920 --> 00:08:55,280 Speaker 1: right now, and ye'll explain in a minute. Jannistine reports 136 00:08:55,320 --> 00:08:58,079 Speaker 1: the weather at Fox News Channel, but since twenty twenty 137 00:08:58,160 --> 00:09:01,439 Speaker 1: she's been thrust into the political strum after losing her 138 00:09:01,480 --> 00:09:04,480 Speaker 1: mother and father in law to COVID. Both were in 139 00:09:04,559 --> 00:09:07,720 Speaker 1: nursing homes in twenty twenty, some of the fifteen thousand 140 00:09:07,800 --> 00:09:10,760 Speaker 1: New Yorkers who lost their lives to COVID after state 141 00:09:10,800 --> 00:09:14,880 Speaker 1: policies forced hospital patients still sick with the virus back 142 00:09:15,000 --> 00:09:18,040 Speaker 1: into nursing homes. Why did they do that? What is 143 00:09:18,040 --> 00:09:20,040 Speaker 1: the origin of that? We need to find that out. 144 00:09:20,200 --> 00:09:22,400 Speaker 1: Dean has been steadfast in her fight to get a 145 00:09:22,440 --> 00:09:26,120 Speaker 1: full investigation into how the deaths happened when Governor Hokell 146 00:09:26,200 --> 00:09:29,360 Speaker 1: replaced Governor Cuomo in twenty twenty one. Since then, Dean 147 00:09:29,440 --> 00:09:31,360 Speaker 1: has become a critic of Hokel for what, in her 148 00:09:31,440 --> 00:09:34,880 Speaker 1: view was a failure to take action, talking about another investigation, 149 00:09:34,960 --> 00:09:38,240 Speaker 1: tough at investigation. I'm not sure what purpose that serves, 150 00:09:39,600 --> 00:09:41,920 Speaker 1: Not sure what purpose that serves. What does that have 151 00:09:42,000 --> 00:09:48,160 Speaker 1: to do with recessions and transitions? Well, the government murdered 152 00:09:48,200 --> 00:09:52,480 Speaker 1: fifteen thousand New Yorkers. They don't see any point to 153 00:09:52,520 --> 00:09:55,480 Speaker 1: investigate themselves. What does that have to do about where 154 00:09:55,480 --> 00:09:58,200 Speaker 1: we're at, where we're going. I will explain all of 155 00:09:58,240 --> 00:10:01,240 Speaker 1: that once I get done explaining to you that you 156 00:10:01,280 --> 00:10:04,640 Speaker 1: should already own a hero gun and a Hero arrow, 157 00:10:05,600 --> 00:10:08,680 Speaker 1: and more important than you, the person you love the most. 158 00:10:09,000 --> 00:10:12,920 Speaker 1: Should have you sent or are you sending your son? 159 00:10:14,080 --> 00:10:17,400 Speaker 1: Your daughter? You spent eighteen years raising them. Are you 160 00:10:17,480 --> 00:10:19,719 Speaker 1: sending them off to college, off to work out of 161 00:10:19,760 --> 00:10:22,160 Speaker 1: town somewhere? Do they have some way to stop a 162 00:10:22,280 --> 00:10:25,400 Speaker 1: very very bad man from hurting them very badly if 163 00:10:25,440 --> 00:10:28,600 Speaker 1: they run into one in the dark. Go to Hero 164 00:10:28,760 --> 00:10:31,640 Speaker 1: twenty twenty dot com. It's a non lethal gun. You 165 00:10:31,679 --> 00:10:34,720 Speaker 1: don't need a concealed carry permit. Your kid doesn't have 166 00:10:34,800 --> 00:10:36,920 Speaker 1: to have ever shot a weapon, Your mom, your wife, 167 00:10:36,960 --> 00:10:39,400 Speaker 1: your husband. It's got a laser sight on it. You'll 168 00:10:39,960 --> 00:10:41,400 Speaker 1: know what I mean. When you look at it, you 169 00:10:41,480 --> 00:10:44,280 Speaker 1: point and squeeze. That's a point and squeeze shoots these 170 00:10:44,320 --> 00:10:47,640 Speaker 1: pepperballs out there. It will save your life. It has 171 00:10:47,720 --> 00:10:52,040 Speaker 1: saved lives. It wins awards for a reason. Hero twenty 172 00:10:52,080 --> 00:10:56,200 Speaker 1: twenty dot com. Code Jesse gets you a special discount. 173 00:10:57,320 --> 00:11:02,959 Speaker 1: Hero twenty twenty dot com code. Jesse state restrictions may apply. 174 00:11:08,559 --> 00:11:11,800 Speaker 1: It is the Jesse Kelly Show on a Thursday, and 175 00:11:11,840 --> 00:11:16,000 Speaker 1: we're about to take a deep nerd out dive into 176 00:11:16,200 --> 00:11:19,040 Speaker 1: all this recession stuff and why I think we're going 177 00:11:19,080 --> 00:11:21,840 Speaker 1: to a dark place. But allow me to lead with 178 00:11:21,880 --> 00:11:24,200 Speaker 1: where I think we're going, and then I'm going to 179 00:11:24,240 --> 00:11:26,240 Speaker 1: explain myself. Okay, I said, I don't just want to 180 00:11:26,280 --> 00:11:29,080 Speaker 1: be a debby downer out here, but I need to 181 00:11:29,120 --> 00:11:35,559 Speaker 1: explain myself. I believe we are heading into either a 182 00:11:35,920 --> 00:11:42,400 Speaker 1: very very very deep, long recession or I do believe 183 00:11:42,480 --> 00:11:46,040 Speaker 1: we are heading into a potential great depression type event. 184 00:11:46,160 --> 00:11:51,280 Speaker 1: I'm talking twenty five percent unemployment. I'm talking people evicted 185 00:11:51,320 --> 00:11:54,360 Speaker 1: from their homes and masks living in shanty towns. I 186 00:11:55,160 --> 00:11:58,480 Speaker 1: do mean that. I'm not trying to be over the top, 187 00:11:58,520 --> 00:12:00,800 Speaker 1: and I'm going to explain to you. I owe you 188 00:12:00,840 --> 00:12:03,680 Speaker 1: an explanation for that way of thinking, and I'm going 189 00:12:03,760 --> 00:12:05,080 Speaker 1: to give it to you, and I'm gonna give it 190 00:12:05,080 --> 00:12:10,400 Speaker 1: to you beginning right now. First, let's examine where we are, 191 00:12:11,160 --> 00:12:15,640 Speaker 1: and then I'll help explain where we're going. Where are 192 00:12:15,720 --> 00:12:18,640 Speaker 1: we we had you already know I've covered it a 193 00:12:18,679 --> 00:12:20,440 Speaker 1: thousand times on the show. You know about all the 194 00:12:20,440 --> 00:12:23,520 Speaker 1: money we printed during COVID, about the stopping and starting 195 00:12:23,520 --> 00:12:26,600 Speaker 1: and stopping and starting and stopping and starting of the economy, 196 00:12:26,640 --> 00:12:30,679 Speaker 1: you know all these things. So right now it came out, 197 00:12:30,720 --> 00:12:34,240 Speaker 1: it was official today. We are in a recession. Doesn't 198 00:12:34,280 --> 00:12:36,640 Speaker 1: matter about the it's a transition. We're in a recession. 199 00:12:37,160 --> 00:12:39,439 Speaker 1: That means what let's just start there. We start with 200 00:12:39,520 --> 00:12:42,960 Speaker 1: some very big let's start with some basics. What's that 201 00:12:43,080 --> 00:12:47,960 Speaker 1: mean a recession? Well, the year is divvied up into quarters, 202 00:12:48,120 --> 00:12:52,959 Speaker 1: three months at a time. Right, your economy, if it 203 00:12:53,280 --> 00:12:58,000 Speaker 1: shrinks two quarters in a row, that's a recession. Well, 204 00:12:58,000 --> 00:13:01,640 Speaker 1: this was our second quarter. Remember the second quarter just ended, 205 00:13:02,400 --> 00:13:04,000 Speaker 1: Well it ended in June, at the end of June, 206 00:13:04,000 --> 00:13:06,760 Speaker 1: but a second quarter just ended. And so then it 207 00:13:06,800 --> 00:13:08,560 Speaker 1: takes them a month to put together all the numbers 208 00:13:08,559 --> 00:13:11,680 Speaker 1: and they figure out, Okay, whoa, it shrunk again. But 209 00:13:11,800 --> 00:13:15,240 Speaker 1: what does that even mean? The economy shrunk again? What 210 00:13:15,280 --> 00:13:18,160 Speaker 1: does it mean? Well, what is an economy? We have 211 00:13:18,200 --> 00:13:21,560 Speaker 1: a twenty trillion dollar economy. What does that mean? The 212 00:13:21,679 --> 00:13:27,000 Speaker 1: economy is the goods and services of your country, all 213 00:13:27,040 --> 00:13:29,760 Speaker 1: of them together, and it applies to everything. Look, across 214 00:13:29,840 --> 00:13:32,559 Speaker 1: the street, that big Walmart, and the little mom and 215 00:13:32,600 --> 00:13:37,280 Speaker 1: pop sandwich shop, the little Bogada, thanks Joe Budden, seriously, 216 00:13:37,320 --> 00:13:40,800 Speaker 1: the bodega. They're all part of the economy. The mechanics 217 00:13:40,800 --> 00:13:43,000 Speaker 1: part of the economy. The maid is part of the economy. 218 00:13:43,240 --> 00:13:46,560 Speaker 1: Even Chris a very minor part, but part of the economy. 219 00:13:46,600 --> 00:13:50,640 Speaker 1: If you're starting all right, So, how does an economy shrink? 220 00:13:51,440 --> 00:14:00,080 Speaker 1: Your economy is producing fewer goods, fewer services. We have 221 00:14:00,080 --> 00:14:05,360 Speaker 1: have a consumer based economy. What does that mean? That 222 00:14:05,400 --> 00:14:07,920 Speaker 1: means our economy. So when they're grading it, okay, twenty 223 00:14:07,920 --> 00:14:11,520 Speaker 1: trillion dollars, but where's that twenty trillion coming from? About 224 00:14:11,559 --> 00:14:17,240 Speaker 1: seventy percent of our economy is based on consumerism. I'm 225 00:14:17,240 --> 00:14:19,680 Speaker 1: not using that in a bad way. I'm saying our 226 00:14:19,720 --> 00:14:23,200 Speaker 1: economy is seventy percent you and me buying stuff period, 227 00:14:23,960 --> 00:14:30,880 Speaker 1: t shirts, tires, food, diamonds, houses, whatever. It's us buying stuff, 228 00:14:30,920 --> 00:14:35,480 Speaker 1: the individual you going out and buying stuff. That's seventy 229 00:14:35,520 --> 00:14:38,880 Speaker 1: percent of our economy. It's huge what we need when 230 00:14:38,920 --> 00:14:41,200 Speaker 1: you have a consumer based economy and we're not. We 231 00:14:41,200 --> 00:14:42,880 Speaker 1: can have an argument all day long about whether or 232 00:14:42,880 --> 00:14:45,800 Speaker 1: not you should or shouldn't have it of those. What 233 00:14:45,880 --> 00:14:48,760 Speaker 1: you need is people buying stuff. That's what you need 234 00:14:48,880 --> 00:14:53,600 Speaker 1: because that's your economy. Right, Well, people aren't buying stuff. 235 00:14:54,080 --> 00:14:57,840 Speaker 1: That's why it's shrunk. But why aren't people buying stuff? 236 00:14:58,600 --> 00:15:04,200 Speaker 1: The dollar is worth less. And as the dollar goes down, 237 00:15:04,640 --> 00:15:07,720 Speaker 1: as inflation goes up, and the dollar becomes more and 238 00:15:07,800 --> 00:15:11,480 Speaker 1: more worth less. It's not just that people don't have 239 00:15:11,720 --> 00:15:14,160 Speaker 1: the money the money they used to. You don't have 240 00:15:14,200 --> 00:15:16,840 Speaker 1: as much money as you did last year. I don't 241 00:15:16,840 --> 00:15:19,040 Speaker 1: have to look into your personal bank account to know 242 00:15:19,120 --> 00:15:20,920 Speaker 1: that I don't have as much money as I did 243 00:15:21,000 --> 00:15:23,840 Speaker 1: last year. Christ Well, actually Chris probably has more. But 244 00:15:23,920 --> 00:15:26,120 Speaker 1: most people don't have as much money as they did 245 00:15:26,360 --> 00:15:30,160 Speaker 1: the previous year because your money is worth less than 246 00:15:30,200 --> 00:15:32,800 Speaker 1: it was. Still with me? Is this Chris? Let me 247 00:15:32,800 --> 00:15:34,800 Speaker 1: know if this gets too nerdy, because I'm trying to 248 00:15:34,800 --> 00:15:37,120 Speaker 1: explain this in the way everyone will understand it all right. 249 00:15:38,080 --> 00:15:42,000 Speaker 1: Because you have less, your money's worth less. Not only 250 00:15:42,040 --> 00:15:48,920 Speaker 1: are you spending less, you are reserving more that extra 251 00:15:49,040 --> 00:15:53,360 Speaker 1: hundred dollars. You and you and the spouse and the kids. Well, 252 00:15:53,440 --> 00:15:55,800 Speaker 1: you normally go out on the weekends, you go see 253 00:15:55,800 --> 00:15:58,760 Speaker 1: a baseball game. Hey, it's done. Let's go see the Yankees. 254 00:15:58,880 --> 00:16:02,760 Speaker 1: Get a hot dog. Maybe you don't go to the 255 00:16:02,840 --> 00:16:05,600 Speaker 1: Yankees this weekend, honey, I don't. I don't think we can. 256 00:16:06,240 --> 00:16:08,120 Speaker 1: I don't think we can afford that this weekend. Hey, 257 00:16:08,160 --> 00:16:10,880 Speaker 1: let's just watch, let's just watch on TV. Right. Well, Hey, well, honey, 258 00:16:10,920 --> 00:16:12,920 Speaker 1: we'll get some hot dogs. We'll watch at home. They'll 259 00:16:12,960 --> 00:16:15,040 Speaker 1: save us another You see what I mean. Now, that's 260 00:16:15,160 --> 00:16:19,000 Speaker 1: money that was going to be injected in the economy 261 00:16:19,160 --> 00:16:22,760 Speaker 1: from you, that you even potentially could have injected into 262 00:16:22,760 --> 00:16:26,840 Speaker 1: the economy, but you didn't. You didn't because you're I 263 00:16:26,840 --> 00:16:30,760 Speaker 1: mean smartly, you're holding back, you're saving more because you're nervous. 264 00:16:30,800 --> 00:16:33,800 Speaker 1: So it's not just again where we are, it's where 265 00:16:33,880 --> 00:16:38,720 Speaker 1: people like you, like me, think we're going. People were 266 00:16:38,760 --> 00:16:43,000 Speaker 1: so nervous over the last few months, they didn't spend 267 00:16:43,040 --> 00:16:47,120 Speaker 1: as much. When they didn't spend as much, the economy 268 00:16:47,200 --> 00:16:52,200 Speaker 1: itself shrunk. People are turtling up as people normally do 269 00:16:52,480 --> 00:16:57,440 Speaker 1: when an economy begins to shrink. That's where we are now. 270 00:16:57,480 --> 00:17:00,240 Speaker 1: One more piece of where we are before I give 271 00:17:00,280 --> 00:17:02,760 Speaker 1: you my dark, dark reasons for why I think where 272 00:17:02,760 --> 00:17:05,800 Speaker 1: we're going. One more piece of where we are you 273 00:17:05,840 --> 00:17:08,960 Speaker 1: will see a lot, You'll hear a lot out there 274 00:17:09,040 --> 00:17:13,680 Speaker 1: right now, especially from people like Joe Biden bragging about 275 00:17:13,800 --> 00:17:17,479 Speaker 1: certain parts of the economy. Here was Joe Biden today saying, oh, 276 00:17:17,560 --> 00:17:19,760 Speaker 1: we're not a recession. And Jess last week is an 277 00:17:19,880 --> 00:17:23,879 Speaker 1: SKA Corporation of the Republican Korea announced in twenty two 278 00:17:24,040 --> 00:17:28,359 Speaker 1: billion dollars and new investment in semiconductor batteries, chargers, and 279 00:17:28,440 --> 00:17:33,560 Speaker 1: medical devices, creating another sixteen thousand jobs here in America. 280 00:17:33,640 --> 00:17:37,200 Speaker 1: And this is probably the strongest rebound in American manufacturing 281 00:17:37,720 --> 00:17:42,400 Speaker 1: in over three decades, creating six hundred and thirteen thousand, 282 00:17:42,560 --> 00:17:45,479 Speaker 1: six thirteen. I'm gonna policy here for a second. I'm 283 00:17:45,520 --> 00:17:48,359 Speaker 1: actually because we look we're rarely serious, okay, but I 284 00:17:48,359 --> 00:17:50,639 Speaker 1: need to be serious here right now. You keep hearing 285 00:17:50,720 --> 00:17:54,600 Speaker 1: about the great recovery, the great recovery, the rebound a 286 00:17:54,720 --> 00:17:59,160 Speaker 1: manufacturing jobs, the great recovery. Why does Joe Biden keep 287 00:17:59,280 --> 00:18:03,680 Speaker 1: saying that. They keep referencing that, Well, because we shut 288 00:18:03,720 --> 00:18:06,600 Speaker 1: the country down in twenty twenty for a stupid virus 289 00:18:06,640 --> 00:18:09,040 Speaker 1: that barely killed anyone. But anyway, we shut down the 290 00:18:09,080 --> 00:18:14,080 Speaker 1: country in twenty twenty for an incredibly survivable virus, when 291 00:18:14,119 --> 00:18:17,600 Speaker 1: by the time Joe Biden got elected and sworn into office, 292 00:18:17,680 --> 00:18:21,360 Speaker 1: the economy was beginning to open back up. So what 293 00:18:21,400 --> 00:18:26,399 Speaker 1: he's talking about is we slaughtered the economy. Biden gets 294 00:18:26,400 --> 00:18:30,040 Speaker 1: elected right as all those Democrat governors and mayors start 295 00:18:30,119 --> 00:18:33,200 Speaker 1: opening it back up again. The economy starts to breathe, 296 00:18:33,200 --> 00:18:36,639 Speaker 1: and so it looks like it's recovering fast. It's recovering 297 00:18:36,760 --> 00:18:43,640 Speaker 1: fast because we'd almost murdered it anyway, thousand manufacturing jobs passing. 298 00:18:43,640 --> 00:18:45,880 Speaker 1: The Chips Bill is going to put another seventy two 299 00:18:45,920 --> 00:18:49,480 Speaker 1: billion dollars for incentives and tax credits to expand semi 300 00:18:49,640 --> 00:18:54,960 Speaker 1: conductor production, and the Inflation Reduction Act will add another 301 00:18:55,040 --> 00:18:59,240 Speaker 1: three hundred and seventy billion dollars in clean energy tax 302 00:18:59,280 --> 00:19:06,080 Speaker 1: credits in reconciliation, including incentives to accelerate domestic production of 303 00:19:06,200 --> 00:19:12,040 Speaker 1: solar panels, wind turbines, batteries, and critical materials processing. That 304 00:19:12,080 --> 00:19:16,400 Speaker 1: doesn't sound like a recession to me, thank you very much. Okay, 305 00:19:17,280 --> 00:19:20,320 Speaker 1: what's he talking about? What's he talking about when he 306 00:19:20,320 --> 00:19:23,680 Speaker 1: gets up there and brags about the labor market being strong. 307 00:19:23,880 --> 00:19:27,080 Speaker 1: I will explain that to you, and then I'll tell 308 00:19:27,080 --> 00:19:29,439 Speaker 1: you where I think We're going to a dark place. 309 00:19:29,840 --> 00:19:41,440 Speaker 1: Hang on, boys, their brainwash ma. It is the Jesse 310 00:19:41,640 --> 00:19:45,560 Speaker 1: Kelly Show on a Thursday, remember tomorrow, as an asked 311 00:19:45,880 --> 00:19:49,960 Speaker 1: Doctor Jesse Friday for you new listeners, and apparently there 312 00:19:49,960 --> 00:19:53,240 Speaker 1: are lots of them. On Fridays, we're a little different. 313 00:19:53,600 --> 00:19:56,800 Speaker 1: We're always a little different, but we're definitely different on Fridays. 314 00:19:56,800 --> 00:20:00,720 Speaker 1: On Fridays, we take the entire show all through hours 315 00:20:00,760 --> 00:20:05,959 Speaker 1: and I answer your questions, what questions, whatever, and I 316 00:20:06,200 --> 00:20:10,920 Speaker 1: mean whatever you email into Jesse at Jesse Kelly Show 317 00:20:11,000 --> 00:20:13,560 Speaker 1: dot com. They all go right to Chris. He prints 318 00:20:13,600 --> 00:20:16,280 Speaker 1: them out for me. Man. They could be personal, it 319 00:20:16,359 --> 00:20:19,720 Speaker 1: can be political history, it can be stupid. We take 320 00:20:19,760 --> 00:20:22,320 Speaker 1: the whole three hours. Look, there's enough, there's enough news 321 00:20:22,320 --> 00:20:24,879 Speaker 1: of the day in the week. We take three hours 322 00:20:24,880 --> 00:20:28,600 Speaker 1: and answer your question on your questions on Asked Doctor 323 00:20:28,680 --> 00:20:33,200 Speaker 1: Jesse Friday. Email Jesse at Jesse Kelly Show dot com. 324 00:20:33,200 --> 00:20:36,240 Speaker 1: Now in case you missed it, I've been explaining over 325 00:20:36,320 --> 00:20:39,080 Speaker 1: and over and over again why we're heading towards a 326 00:20:39,160 --> 00:20:41,400 Speaker 1: dark place, and I'm gonna keep coming back to this. 327 00:20:41,600 --> 00:20:43,879 Speaker 1: Believe me, this is gonna this is gonna come full circle. 328 00:20:44,160 --> 00:20:47,720 Speaker 1: I keep coming back to this. Economically, I say we 329 00:20:47,800 --> 00:20:51,680 Speaker 1: are heading towards a great depression or a very very 330 00:20:51,840 --> 00:20:54,800 Speaker 1: deep recession. I want you to listen to this. Jannistine 331 00:20:54,840 --> 00:20:58,040 Speaker 1: reports the weather at Fox News Channel, But since twenty twenty, 332 00:20:58,119 --> 00:21:01,400 Speaker 1: she's been thrust into the political strum after losing her 333 00:21:01,440 --> 00:21:04,439 Speaker 1: mother and father in law to COVID. Both were in 334 00:21:04,520 --> 00:21:07,760 Speaker 1: nursing homes in twenty twenty, some of the fifteen thousand 335 00:21:07,760 --> 00:21:10,720 Speaker 1: New Yorkers who lost their lives to COVID after state 336 00:21:10,760 --> 00:21:14,840 Speaker 1: policies forced hospital patients still sick with the virus back 337 00:21:14,960 --> 00:21:18,000 Speaker 1: into nursing homes. Why did they do that? What is 338 00:21:18,040 --> 00:21:20,040 Speaker 1: the origin of that? We need to find that out. 339 00:21:20,200 --> 00:21:22,359 Speaker 1: Dean has been steadfast in her fight to get a 340 00:21:22,400 --> 00:21:26,080 Speaker 1: full investigation into how the deaths happened when Governor Hokel 341 00:21:26,200 --> 00:21:29,320 Speaker 1: replaced Governor Cuomo in twenty twenty one. Since then, Dean 342 00:21:29,400 --> 00:21:31,640 Speaker 1: has become a critic of Hokel for what, in her view, 343 00:21:31,800 --> 00:21:34,840 Speaker 1: was a failure to take action. Talking about another investigation, 344 00:21:34,920 --> 00:21:38,160 Speaker 1: tough of investigation. I'm not sure what purpose serves CBS. 345 00:21:39,440 --> 00:21:44,600 Speaker 1: Fifteen thousand dead New Yorkers, Not sure what purpose that serves. Okay, 346 00:21:45,119 --> 00:21:47,720 Speaker 1: just put that in your back pocket. Right back to 347 00:21:47,800 --> 00:21:52,120 Speaker 1: this one. Another thing you hear about the economy, they 348 00:21:52,200 --> 00:21:54,639 Speaker 1: cite a lot as a strong labor market. We have 349 00:21:54,720 --> 00:21:57,720 Speaker 1: strong labor, strong labor market. It's a great labor market. 350 00:21:57,760 --> 00:22:00,320 Speaker 1: What's that mean? It means unemployment is low, less than 351 00:22:00,359 --> 00:22:04,199 Speaker 1: four percent right now. But that is true. Why what 352 00:22:04,400 --> 00:22:09,000 Speaker 1: happened there? Why is unemployment low? Here's something you should understand. 353 00:22:10,359 --> 00:22:16,240 Speaker 1: That is a very very temporary situation. It's very very odd, 354 00:22:16,320 --> 00:22:18,760 Speaker 1: borderline unheard of to have an economy this bad, a 355 00:22:18,840 --> 00:22:23,160 Speaker 1: shrinking economy, yet unemployment is low. What produced that? Why 356 00:22:23,280 --> 00:22:27,080 Speaker 1: is that in the wake of the insane COVID lockdowns 357 00:22:27,200 --> 00:22:29,679 Speaker 1: that destroyed the world. Frankly, in the wake of the 358 00:22:29,720 --> 00:22:35,800 Speaker 1: insane COVID lockdowns, governments, most definitely our government, they paid 359 00:22:35,840 --> 00:22:38,840 Speaker 1: people to not go to work. They'd paid people a 360 00:22:38,880 --> 00:22:42,119 Speaker 1: lot of money to not go work, and they paid 361 00:22:42,160 --> 00:22:44,520 Speaker 1: people for a long time to not go to work. 362 00:22:44,560 --> 00:22:47,480 Speaker 1: You know, there was a time during the COVID insanity 363 00:22:47,480 --> 00:22:50,320 Speaker 1: where you could be making the equivalent of fifty thousand 364 00:22:50,359 --> 00:22:54,119 Speaker 1: dollars a year not working at all. So we paid people, 365 00:22:54,320 --> 00:22:57,000 Speaker 1: We paid people a lot, and we paid people a 366 00:22:57,040 --> 00:23:00,880 Speaker 1: long time. What that did was there was so much 367 00:23:01,000 --> 00:23:05,280 Speaker 1: carry over after that that when businesses started opening up again, 368 00:23:05,680 --> 00:23:09,520 Speaker 1: they could not find money. They could not or could 369 00:23:09,560 --> 00:23:12,840 Speaker 1: not find money, could not find employees, they couldn't find them. 370 00:23:13,000 --> 00:23:14,920 Speaker 1: No one wanted to come to work. I know you've 371 00:23:14,920 --> 00:23:17,399 Speaker 1: seen it. I know you've seen the signs on the 372 00:23:17,440 --> 00:23:20,959 Speaker 1: local mom and pop shop, on virtually everywhere, help wanted. 373 00:23:20,960 --> 00:23:23,919 Speaker 1: Either you're seeing help wanted signs or you're seeing sorry, 374 00:23:23,960 --> 00:23:28,800 Speaker 1: we're short staffed, Sorry we're short staffed. I don't live 375 00:23:28,840 --> 00:23:32,120 Speaker 1: in Washington, d C. I'm not surrounded by this world yet. 376 00:23:32,160 --> 00:23:33,840 Speaker 1: Chris's point, and we're looking out the window at a 377 00:23:33,880 --> 00:23:38,000 Speaker 1: tire shop right now, desperate for workers. Everyone's short staffed. 378 00:23:39,640 --> 00:23:42,399 Speaker 1: Why well, I don't live in DC. I don't. I 379 00:23:42,440 --> 00:23:46,240 Speaker 1: don't hang around other radio guys or TV guys or politicians. 380 00:23:46,320 --> 00:23:49,119 Speaker 1: I live around normal people. Say people you live around, 381 00:23:49,119 --> 00:23:53,159 Speaker 1: That's who I live around. Car managers, like I said, mechanics, 382 00:23:53,160 --> 00:23:56,479 Speaker 1: construction people, cattle ranchers. These are the people I work around. 383 00:23:56,680 --> 00:24:00,760 Speaker 1: And they have been explaining to me the desperate they've 384 00:24:00,800 --> 00:24:04,320 Speaker 1: had trying to get someone to show up to work. 385 00:24:05,160 --> 00:24:08,879 Speaker 1: That's why you've experienced. I know you have so many 386 00:24:09,119 --> 00:24:13,360 Speaker 1: turds in the service industry. Now, and you say to yourself, 387 00:24:13,400 --> 00:24:15,560 Speaker 1: how does this idiot have a job. How does this 388 00:24:15,640 --> 00:24:18,400 Speaker 1: lazy person have a job. This person is so worthless, 389 00:24:18,400 --> 00:24:20,280 Speaker 1: how do they have a job? They have a job 390 00:24:20,280 --> 00:24:23,480 Speaker 1: because that poor employer doesn't have any options. People won't 391 00:24:23,520 --> 00:24:26,800 Speaker 1: show up to work, they'll make interviews and not even 392 00:24:26,800 --> 00:24:29,359 Speaker 1: show up to job interviews. They're just checking boxes to 393 00:24:29,400 --> 00:24:34,840 Speaker 1: get another unemployment check. We have low unemployment right now 394 00:24:35,119 --> 00:24:40,800 Speaker 1: because employers, employers who have employees are hanging on to 395 00:24:40,920 --> 00:24:44,480 Speaker 1: them like grim death, even the bad ones. If you're 396 00:24:44,520 --> 00:24:47,479 Speaker 1: an employer and you have an employee who shows up 397 00:24:47,520 --> 00:24:50,240 Speaker 1: even half the time, you have to hold on to 398 00:24:50,400 --> 00:24:53,600 Speaker 1: him because you don't have backups. This isn't like a 399 00:24:53,680 --> 00:24:57,360 Speaker 1: normal economy. Hey, show up or get out now. Part 400 00:24:57,400 --> 00:25:00,040 Speaker 1: of the reason you're experiencing so many turds is I 401 00:25:00,040 --> 00:25:03,239 Speaker 1: can't afford to fire some turd. If you have some 402 00:25:03,280 --> 00:25:06,080 Speaker 1: waiter who can't get the job done, waiting tables, you 403 00:25:06,119 --> 00:25:08,280 Speaker 1: can't afford to let them go because there ain't anyone 404 00:25:08,320 --> 00:25:10,720 Speaker 1: to hire. You're waiting tables yourself if you fire that one, 405 00:25:10,880 --> 00:25:14,919 Speaker 1: that guy. But and here's the big butt, And now 406 00:25:14,960 --> 00:25:16,960 Speaker 1: we're getting onto the doom and gloom part. But I thought, 407 00:25:17,000 --> 00:25:19,200 Speaker 1: with everything else today, this would be a helpful explainer 408 00:25:19,240 --> 00:25:21,760 Speaker 1: on where we're going. Chris has been helpful. I feel 409 00:25:21,800 --> 00:25:24,000 Speaker 1: like it's been very helpful. At least it's been helpful 410 00:25:24,000 --> 00:25:28,480 Speaker 1: to me as I walk through it. All Right, that 411 00:25:28,720 --> 00:25:31,639 Speaker 1: situation is going to end. The low unemployment's going to 412 00:25:31,800 --> 00:25:37,000 Speaker 1: end because with consumers not spending, which they're not, and 413 00:25:37,080 --> 00:25:40,000 Speaker 1: that number is going to keep going down. With consumers 414 00:25:40,119 --> 00:25:45,600 Speaker 1: not spending, those businesses who've been hanging on to those employees, 415 00:25:46,600 --> 00:25:50,000 Speaker 1: they're going to have to let them go. I know 416 00:25:50,160 --> 00:25:53,760 Speaker 1: that because I've seen profit loss sheets. Remember I've worked 417 00:25:53,760 --> 00:25:56,840 Speaker 1: in a small business before. My folks finally started their 418 00:25:56,840 --> 00:26:00,000 Speaker 1: own construction company about about time I was eighteen or nineteen, 419 00:26:00,240 --> 00:26:02,000 Speaker 1: and I went to work there after I got out 420 00:26:02,000 --> 00:26:04,080 Speaker 1: of the Marine Corps. And I know what profit loss 421 00:26:04,119 --> 00:26:06,720 Speaker 1: sheets are. They look at these profit loss sheets, and 422 00:26:06,760 --> 00:26:09,119 Speaker 1: you know what that big pockmark on those things is 423 00:26:09,160 --> 00:26:14,040 Speaker 1: every single time, labor. This is what we made, this 424 00:26:14,080 --> 00:26:16,080 Speaker 1: is what's coming in, this is what's going out, And 425 00:26:16,119 --> 00:26:19,200 Speaker 1: there's always some big eye popping number. Oh my gosh, 426 00:26:19,280 --> 00:26:22,000 Speaker 1: why are we spending? Who is this? Oh that's labor. 427 00:26:23,840 --> 00:26:26,800 Speaker 1: It doesn't matter how much you're desperate for employees. If 428 00:26:26,800 --> 00:26:29,800 Speaker 1: you're a business owner, you're going to have to start 429 00:26:29,880 --> 00:26:35,359 Speaker 1: cutting them loose as money stops coming in, consumers aren't spending. 430 00:26:35,359 --> 00:26:37,800 Speaker 1: If I own a little sandwich shop, and yes, I 431 00:26:37,840 --> 00:26:40,080 Speaker 1: have some turn I have two turns who work for me. 432 00:26:40,200 --> 00:26:42,600 Speaker 1: Their names are Michael and Chris. They put together the 433 00:26:42,640 --> 00:26:46,240 Speaker 1: sandwiches in my sandwich shop. They show up half the time, 434 00:26:46,400 --> 00:26:49,840 Speaker 1: they're on cocaine. They're just an absolute disaster out there. 435 00:26:50,440 --> 00:26:53,479 Speaker 1: I haven't been able to fire Michael and Chris. As 436 00:26:53,560 --> 00:26:55,560 Speaker 1: much as I've wanted to fire Michael and Chris, I 437 00:26:55,640 --> 00:26:58,120 Speaker 1: haven't been able to because I don't have any other 438 00:26:58,119 --> 00:27:01,960 Speaker 1: employees to show up. But if you, if you the customer, 439 00:27:02,280 --> 00:27:06,200 Speaker 1: if you stop walking into my shop and buying sandwiches, 440 00:27:06,480 --> 00:27:09,479 Speaker 1: eventually I'm going to have to go talk to Michael 441 00:27:09,520 --> 00:27:12,720 Speaker 1: and Chris and their drug haze, drug induced haze, and 442 00:27:12,760 --> 00:27:14,879 Speaker 1: I'm gonna have to explain to them that they can't 443 00:27:14,880 --> 00:27:19,160 Speaker 1: come to work here anymore. Those unemployment numbers are about 444 00:27:19,160 --> 00:27:23,880 Speaker 1: to get really really, really really really bad, and now 445 00:27:23,960 --> 00:27:27,000 Speaker 1: my business is in trouble. Now that's where we are. 446 00:27:27,280 --> 00:27:29,720 Speaker 1: That was gosh, that would have a little bit longer 447 00:27:29,720 --> 00:27:33,280 Speaker 1: than I wanted that was a long explanation on why 448 00:27:33,400 --> 00:27:37,120 Speaker 1: we are where we are, But that doesn't explain why 449 00:27:37,200 --> 00:27:41,120 Speaker 1: I'm so pessimistic about where we're actually going. Where are 450 00:27:41,160 --> 00:27:44,800 Speaker 1: we headed in this economy because right now I don't believe. 451 00:27:45,240 --> 00:27:48,600 Speaker 1: I don't believe we a great depression would be inevitable 452 00:27:48,720 --> 00:27:51,159 Speaker 1: or are a severely deep recession. I don't believe it 453 00:27:51,200 --> 00:27:56,119 Speaker 1: would be inevitable except for the people in charge. Do 454 00:27:56,160 --> 00:28:00,440 Speaker 1: you remember what I told you about the World Economic Forum, 455 00:28:00,480 --> 00:28:04,640 Speaker 1: about American leaders, about about what they think about you? 456 00:28:05,600 --> 00:28:07,440 Speaker 1: In case you forgot, I'm gonna play you a little 457 00:28:07,480 --> 00:28:09,520 Speaker 1: something when I get back, and then I'll explain the 458 00:28:09,680 --> 00:28:14,159 Speaker 1: why on why I think we're going where we're going now. 459 00:28:14,200 --> 00:28:17,040 Speaker 1: That also means you need to take advantage of certain 460 00:28:17,040 --> 00:28:21,639 Speaker 1: things when things pop up. If there's something you've been wanting, now, 461 00:28:23,280 --> 00:28:25,640 Speaker 1: now's the time to get it. If it's on sale, 462 00:28:26,080 --> 00:28:30,199 Speaker 1: go out now and seek out sales on everything you 463 00:28:30,200 --> 00:28:33,679 Speaker 1: can find. If you see a good deal on I 464 00:28:33,720 --> 00:28:36,400 Speaker 1: don't know water, go get a good deal on water. 465 00:28:37,560 --> 00:28:40,600 Speaker 1: My pillow has an unbelievable sale right now on summer 466 00:28:40,640 --> 00:28:44,960 Speaker 1: sheets that they've already admitted to. Their credit is very, 467 00:28:45,080 --> 00:28:48,440 Speaker 1: very limited, It is a limited amount of time, and 468 00:28:48,480 --> 00:28:50,479 Speaker 1: it's limited because of the supplies. It's not like they 469 00:28:50,480 --> 00:28:52,080 Speaker 1: don't want to give you great sales all the time. 470 00:28:52,120 --> 00:28:54,280 Speaker 1: On the per cow sheets, the summer sheets that are 471 00:28:54,280 --> 00:28:57,160 Speaker 1: real cool so you don't sweat at night. Look, they'd 472 00:28:57,160 --> 00:28:58,800 Speaker 1: love to do that all the time. They can't. There 473 00:28:58,880 --> 00:29:01,560 Speaker 1: aren't enough of them. Again, we have a shrinking economy. 474 00:29:01,920 --> 00:29:04,800 Speaker 1: You take advantage of it while it's here. Go to 475 00:29:05,000 --> 00:29:09,200 Speaker 1: my pillow dot com used to promo code Jesse and 476 00:29:09,320 --> 00:29:12,480 Speaker 1: get your per cows sheets while they're on sale a 477 00:29:12,640 --> 00:29:17,080 Speaker 1: huge sale my pillow dot com promo code Jesse. Or 478 00:29:17,200 --> 00:29:20,400 Speaker 1: call eight hundred eighty four five zero five four four. 479 00:29:21,400 --> 00:29:24,560 Speaker 1: He doesn't care if you believe him, but he's right. 480 00:29:25,600 --> 00:29:36,640 Speaker 1: Jesse Kelly. It is the Jesse Kelly Show on a Thursday. 481 00:29:36,720 --> 00:29:38,800 Speaker 1: Remember if you missed any part of the show, you 482 00:29:38,840 --> 00:29:43,760 Speaker 1: can download the whole thing on iHeart, Google, Spotify, and iTunes. 483 00:29:43,880 --> 00:29:47,920 Speaker 1: Go download the podcast on iTunes, leave a five star 484 00:29:48,160 --> 00:29:52,760 Speaker 1: rating and a review talking about how handsome I am. Now, 485 00:29:53,680 --> 00:29:56,080 Speaker 1: I know this has been dark, and I've been playing 486 00:29:56,120 --> 00:30:02,720 Speaker 1: that clip about New York killing fifteen thousand of its 487 00:30:02,720 --> 00:30:04,640 Speaker 1: own senior citizens. In case you missed it here it 488 00:30:04,680 --> 00:30:07,840 Speaker 1: is again. Jenastine reports the weather at Fox News Channel, 489 00:30:07,920 --> 00:30:10,680 Speaker 1: but since twenty twenty, she's been thrust into the political 490 00:30:10,720 --> 00:30:14,400 Speaker 1: spectrum after losing her mother and father in law to COVID. 491 00:30:14,800 --> 00:30:17,440 Speaker 1: Both were in nursing homes. In twenty twenty, some of 492 00:30:17,480 --> 00:30:20,400 Speaker 1: the fifteen thousand New Yorkers who lost their lives to 493 00:30:20,480 --> 00:30:24,600 Speaker 1: COVID after state policies forced hospital patients still sick with 494 00:30:24,640 --> 00:30:29,240 Speaker 1: the virus back into nursing homes. What's that have to 495 00:30:29,240 --> 00:30:32,160 Speaker 1: do with the economy and a great depression and everything else? 496 00:30:34,960 --> 00:30:38,720 Speaker 1: If there was a fire in your home tonight, there's 497 00:30:38,720 --> 00:30:41,680 Speaker 1: a fire in your home, and I obviously don't want that. 498 00:30:41,720 --> 00:30:43,280 Speaker 1: Let's say you guys were out. I don't want anyone 499 00:30:43,280 --> 00:30:45,080 Speaker 1: to get hurt. All right, there's a fire in your 500 00:30:45,080 --> 00:30:49,040 Speaker 1: home tonight, and you show up. You had the family 501 00:30:49,040 --> 00:30:51,480 Speaker 1: out at dinner someplace nice red lobster, took the family 502 00:30:51,480 --> 00:30:54,560 Speaker 1: out to one last red lobster meal, and you showed 503 00:30:54,600 --> 00:30:57,160 Speaker 1: up and oh my gosh, there's smoke and flames. Oh no, 504 00:30:58,480 --> 00:31:02,320 Speaker 1: that would be bad. But it doesn't look like it's 505 00:31:02,400 --> 00:31:05,080 Speaker 1: that pervasive. Yet. It looks I mean, it looks like 506 00:31:05,080 --> 00:31:07,080 Speaker 1: it's in the kitchen and maybe we left to stove 507 00:31:07,160 --> 00:31:09,720 Speaker 1: on or something, and you pull up in front of 508 00:31:09,760 --> 00:31:13,400 Speaker 1: your house and it's smoking fire, and oh my gosh, 509 00:31:13,440 --> 00:31:15,960 Speaker 1: but you hear the sirens. You hear that they're coming 510 00:31:15,960 --> 00:31:18,720 Speaker 1: around the bed. Baby whoo who the fire trucks are coming. 511 00:31:19,240 --> 00:31:22,719 Speaker 1: And the fire truck comes rolling up. Fireman, get out 512 00:31:22,760 --> 00:31:25,760 Speaker 1: of there, and they say, don't worry, sir, we've got it. 513 00:31:25,920 --> 00:31:32,240 Speaker 1: We've got you covered. And then you smell something smells 514 00:31:32,320 --> 00:31:34,160 Speaker 1: kind of weird, and you kind of make your way 515 00:31:34,160 --> 00:31:36,200 Speaker 1: over to the fire truck and you make your way 516 00:31:36,240 --> 00:31:39,520 Speaker 1: over to that gigantic little water bay they have in 517 00:31:39,560 --> 00:31:41,280 Speaker 1: the bed at the trucks, so they have some water 518 00:31:41,360 --> 00:31:45,360 Speaker 1: to spray on some fires. And you crack the cap 519 00:31:45,440 --> 00:31:47,960 Speaker 1: on that thing and you stick your nose down in there, 520 00:31:48,720 --> 00:31:51,600 Speaker 1: and you figure out that fire hose they're getting ready 521 00:31:51,600 --> 00:31:54,560 Speaker 1: to blast on your home with all your valuables in there, 522 00:31:54,640 --> 00:31:58,800 Speaker 1: your bed, your pictures, your grandpa's old World War Two medals, everything, 523 00:31:58,880 --> 00:32:03,080 Speaker 1: childhood scrap book. You find out that fire hose is 524 00:32:03,120 --> 00:32:06,239 Speaker 1: actually full of gasoline, and the fireman who showed up 525 00:32:06,240 --> 00:32:09,120 Speaker 1: to your home are not they're trying to save it. 526 00:32:09,160 --> 00:32:13,720 Speaker 1: They're trying to burn it to ash. That's where we 527 00:32:13,800 --> 00:32:20,920 Speaker 1: are right now. Understand, we will never ever, ever ever 528 00:32:21,120 --> 00:32:23,520 Speaker 1: come out of this. We will never defeat the people 529 00:32:23,600 --> 00:32:29,800 Speaker 1: we are up against until we finally accept their trying 530 00:32:30,360 --> 00:32:35,880 Speaker 1: to wreck us. The goal is to wreck us. The goal. 531 00:32:36,240 --> 00:32:40,720 Speaker 1: The goal is the Great Depression Part two. That's what 532 00:32:40,800 --> 00:32:43,680 Speaker 1: they want. Remember Remember when I talked, Remember when I 533 00:32:43,760 --> 00:32:46,840 Speaker 1: talked about the World Economic Form and our cultural leaders. Remember, 534 00:32:46,880 --> 00:32:49,560 Speaker 1: I think this is from yesterday. When you combine the 535 00:32:50,000 --> 00:32:53,760 Speaker 1: monopoly on violence held by the government with the money 536 00:32:54,000 --> 00:32:57,400 Speaker 1: the government has, you combine that with the money and 537 00:32:57,480 --> 00:33:00,320 Speaker 1: the influence of corporate America. I mean there may your 538 00:33:00,360 --> 00:33:03,760 Speaker 1: TV commercials, right, they're making your movies. That when you 539 00:33:03,880 --> 00:33:09,640 Speaker 1: when those two join together, it creates this ultra powerful entity. 540 00:33:10,640 --> 00:33:16,000 Speaker 1: They think that's they're triumvirate. They think joining together, they 541 00:33:16,040 --> 00:33:18,080 Speaker 1: can get what they want and the will of the 542 00:33:18,160 --> 00:33:22,680 Speaker 1: people don't matter at all. Understand this about World Economic 543 00:33:22,760 --> 00:33:26,160 Speaker 1: Forum and ESG and all these things we talk about. 544 00:33:26,600 --> 00:33:30,520 Speaker 1: The idea behind it, the entire idea behind it is 545 00:33:30,600 --> 00:33:36,840 Speaker 1: simply Western society is way too free. These kings and queens, 546 00:33:36,960 --> 00:33:41,600 Speaker 1: these people who think they're beyond God. These people feel 547 00:33:41,680 --> 00:33:44,920 Speaker 1: like the restrictions that have been placed on their power 548 00:33:45,280 --> 00:33:49,520 Speaker 1: are absurd, and they're hurting the world back. They're holding 549 00:33:49,560 --> 00:33:53,520 Speaker 1: the world back, and you and your stupid freedoms you're 550 00:33:53,600 --> 00:33:57,080 Speaker 1: keeping you'veall Noah away from moving beyond the God of 551 00:33:57,120 --> 00:34:04,040 Speaker 1: the Bible. Manage to quit eight our organic beings, all 552 00:34:04,200 --> 00:34:08,239 Speaker 1: these trees and giraffes and humans, they are just organic. 553 00:34:09,120 --> 00:34:14,520 Speaker 1: But we all now trying to create inorganic entities, informs, 554 00:34:14,920 --> 00:34:19,120 Speaker 1: cyborgs of official intelligence and so forth. If we succeed, 555 00:34:19,560 --> 00:34:22,439 Speaker 1: and there is a very good chance we will, then 556 00:34:22,640 --> 00:34:26,880 Speaker 1: very soon we will be beyond the God of the Bible. 557 00:34:27,320 --> 00:34:30,480 Speaker 1: Those people look at you and your freedom. Freedom to 558 00:34:30,560 --> 00:34:32,759 Speaker 1: choose where you work, freedom to choose where you live, 559 00:34:32,840 --> 00:34:36,480 Speaker 1: the freedom of vehicle and affordable gas gives you the 560 00:34:36,600 --> 00:34:39,719 Speaker 1: freedom to adjust the temperature in your home whatever you want. 561 00:34:39,880 --> 00:34:43,040 Speaker 1: They look at all of your freedoms as something that's 562 00:34:43,080 --> 00:34:46,879 Speaker 1: holding them, the communist dictators of the future, the commissars 563 00:34:46,880 --> 00:34:50,960 Speaker 1: of the future. Your freedoms are holding them back. That's 564 00:34:51,000 --> 00:34:54,480 Speaker 1: why there's a World Economic Forum, that's why there's ESG, 565 00:34:55,160 --> 00:35:00,120 Speaker 1: that's why there's a government corporate partnership. Remember the ideology 566 00:35:00,160 --> 00:35:05,640 Speaker 1: that's behind all of this, though, is simple communism. Oh 567 00:35:05,680 --> 00:35:11,920 Speaker 1: I'm back live headline World Economic Forum calls for an 568 00:35:12,080 --> 00:35:16,759 Speaker 1: end to owning private vehicles. You didn't think I called 569 00:35:16,800 --> 00:35:22,400 Speaker 1: myself the oracle for nothing, did you? Now, speaking of 570 00:35:22,440 --> 00:35:25,839 Speaker 1: the government corporate partnership, allow me to sidetrack here for 571 00:35:25,960 --> 00:35:30,799 Speaker 1: just a moment. Remember, you can't do anything about being 572 00:35:30,840 --> 00:35:33,040 Speaker 1: forced to fund the government, because they're going to throw 573 00:35:33,080 --> 00:35:36,000 Speaker 1: you in jail if you stop paying your taxes. The 574 00:35:36,040 --> 00:35:40,440 Speaker 1: only option you have to starve that government corporate partnership 575 00:35:40,520 --> 00:35:45,480 Speaker 1: is on the corporate side. Start being more purposeful with 576 00:35:45,560 --> 00:35:49,239 Speaker 1: where you spend your money, and being more purposeful with 577 00:35:49,320 --> 00:35:52,920 Speaker 1: where you don't. What I'm about to describe to you 578 00:35:53,880 --> 00:35:57,560 Speaker 1: the intentional destruction of America, the intentional destruction of our 579 00:35:58,160 --> 00:36:04,080 Speaker 1: energy sector. Overrise and participates in that, right you know 580 00:36:04,160 --> 00:36:08,720 Speaker 1: t mobile, They participate in that. They're active participants. Switch 581 00:36:08,760 --> 00:36:12,000 Speaker 1: to switch to pure talk today. Pure talk is not 582 00:36:12,040 --> 00:36:17,120 Speaker 1: an active participant. Pure talk is fighting against that. Pure talk. 583 00:36:17,360 --> 00:36:19,520 Speaker 1: We will not only save you a fortune. That's not 584 00:36:19,560 --> 00:36:22,200 Speaker 1: even the important part. Average family saves over nine hundred 585 00:36:22,239 --> 00:36:24,120 Speaker 1: dollars a year. I mean, that's nice. I know that matters. 586 00:36:24,160 --> 00:36:27,800 Speaker 1: I'm not dismissing that. The important part is pure talk 587 00:36:28,360 --> 00:36:32,200 Speaker 1: they're not trying to wreck the country because they actually 588 00:36:32,280 --> 00:36:36,720 Speaker 1: love it. The CEO is a Vietnam veteran. They hire Americans. 589 00:36:37,120 --> 00:36:39,560 Speaker 1: It takes you less than ten minutes to switch to 590 00:36:39,600 --> 00:36:45,120 Speaker 1: a patriotic company and you save money from your cell phone. 591 00:36:45,160 --> 00:36:50,040 Speaker 1: Dial pound two five zero, Switch to pure talk. Dial 592 00:36:50,239 --> 00:36:53,960 Speaker 1: pound two five zero. Make sure you say Jesse Kelly 593 00:36:54,000 --> 00:36:57,000 Speaker 1: all right. Dial pound two five zero and switch to 594 00:36:57,080 --> 00:37:01,239 Speaker 1: pure talk. Back to what we're discussing. The firemen have 595 00:37:01,320 --> 00:37:03,120 Speaker 1: showed up in front of the house. That's where we 596 00:37:03,160 --> 00:37:06,239 Speaker 1: are now. The kitchen's on fire, the smoke's coming out. 597 00:37:06,320 --> 00:37:09,239 Speaker 1: You and your family are hoping they're there to save it. 598 00:37:09,960 --> 00:37:12,759 Speaker 1: And they're uncoiling a fire hose and they're aiming it 599 00:37:12,800 --> 00:37:15,880 Speaker 1: at the house, and you have just discovered the fire 600 00:37:15,920 --> 00:37:19,520 Speaker 1: hose is full of gasoline. That is why I think 601 00:37:19,520 --> 00:37:23,080 Speaker 1: we're going into a great depression or a severe, long 602 00:37:23,200 --> 00:37:27,680 Speaker 1: lasting recession. The people in charge of the country, the 603 00:37:27,719 --> 00:37:32,080 Speaker 1: people running the show right now, they're not standing in 604 00:37:32,160 --> 00:37:35,680 Speaker 1: front of the house concerned about the fire or the smoke, 605 00:37:35,880 --> 00:37:39,920 Speaker 1: or you, or the childhood scrap book pictures or grandpa's 606 00:37:39,960 --> 00:37:43,560 Speaker 1: old World War two medals. They are standing in front 607 00:37:43,560 --> 00:37:48,080 Speaker 1: of a home they have despised for the longest time. 608 00:37:48,360 --> 00:37:52,080 Speaker 1: They have been taught from an early age specifically to 609 00:37:52,440 --> 00:37:56,160 Speaker 1: despise that home. They have been taught that home as evil. 610 00:37:56,480 --> 00:37:59,640 Speaker 1: The people who reside in that home are evil. Anyone 611 00:37:59,640 --> 00:38:03,320 Speaker 1: who wants to improve and or maintain that home as evil. 612 00:38:03,680 --> 00:38:07,719 Speaker 1: And they have wanted that home turn to ash forever. 613 00:38:08,200 --> 00:38:12,120 Speaker 1: And now here they are with the home already on fire, 614 00:38:12,120 --> 00:38:15,919 Speaker 1: holding a gas holding a fire hose full of gasoline 615 00:38:16,000 --> 00:38:19,480 Speaker 1: in front of the home. They're getting ready to unleash it. 616 00:38:19,680 --> 00:38:24,879 Speaker 1: Why that's what they want. I will explain. I will 617 00:38:24,920 --> 00:38:27,440 Speaker 1: explain why you're seeing it and where we're going. I 618 00:38:27,480 --> 00:38:29,319 Speaker 1: know it's a little dark. We got to talk about it. 619 00:38:29,400 --> 00:38:29,719 Speaker 1: Hang on,