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Speaker 1: So what happened over Labor Day weekend in Chicago is

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Speaker 1: truly shocking, but it's become normal in that liberal city.

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Speaker 1: The Associated Press is now reporting eight people were murdered

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Speaker 1: fifty were wounded across thirty seven shootings from Friday to Monday.

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Speaker 1: NBC News Chicago updated its figures, stating that as a

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Speaker 1: Monday night, there were fifty eight people that were shot

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Speaker 1: and eight killed across the city, several others in critical condition.

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Speaker 1: ABC News also counted fifty eight shot, including eight fatalities.

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Speaker 1: So what does the mayor and the governor say of

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Speaker 1: Illinois and Chicago. They say, we don't have a violence problem,

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Speaker 1: that everything is fine. The President was asked about at

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Speaker 1: the White House, and here's what he had to say

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Speaker 1: about what we're witnessing right now.

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Speaker 2: Chicago's very interesting because I watched Pritzker get up and

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Speaker 2: say about we don't need help. We're say, two weeks

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Speaker 2: ago they had six people murdered, murdered, and they had

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Speaker 2: twenty four.

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Speaker 3: People hit by bullets.

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Speaker 2: Last week, as you know, was seven people, twenty four

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Speaker 2: people hit and seven people died. And then over the

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Speaker 2: last two days it was that was the Crown Jewel

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Speaker 2: they had I guess nine killed, nine or ten killed

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Speaker 2: and fifty hit with bullets. And you have this governor

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Speaker 2: get up, who's a terrible governor. Probably he and Gavin

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Speaker 2: Newscomb would be probably the two worst and most naive.

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Speaker 2: The naive either their naiva, they're very untruthful. And he'll say,

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Speaker 2: we don't want any protection, we don't need. So in

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Speaker 2: the last three weeks he's lost almost twenty people killed.

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Speaker 2: There's no place there's no place in the world, including

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Speaker 2: you can go to Afghanistan, you can go to places

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Speaker 2: that you would think of. They don't even come close

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Speaker 2: to this. Chicago is a hellhole right now. Baltimore is

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Speaker 2: a hell haul right now.

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Speaker 1: The President went on to say on social media, Chicago

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Speaker 1: will be safe again and soon I will solve the

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Speaker 1: crime problem fast, just like I did in Washington, d C.

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Speaker 1: In the over office, the President was also asked about Chicago.

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Speaker 1: He said, we're going in when referring to deployt the

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Speaker 1: National Guard, he did not give a specific timeline. And

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Speaker 1: what is the left doing? Well? The governor making it

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Speaker 1: very clear he thinks is all politics saving lives and

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Speaker 1: even try to turn it into a press conference about

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Speaker 1: the apprentice take a list to the governor in his

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Speaker 1: own words, I.

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Speaker 4: Will not call the President asking him to send troops

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Speaker 4: to Chicago. I've made that clear already. I know this

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Speaker 4: has been an unsettling and difficult ten days for the

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Speaker 4: people of Chicago and Illinois. I'm going to do my

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Speaker 4: best to share what we know as of today and

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Speaker 4: speak frankly to the people of Illinois. Rumors have been

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Speaker 4: swirling about what the White House has planned, and sifting

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Speaker 4: fact from fiction has been increasingly difficult because Donald Trump's

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Speaker 4: administration is not working in coordination with the City of Chicago,

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Speaker 4: Cook County, or the state of Illinois. I want to

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Speaker 4: take a moment at the top of my remarks to

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Speaker 4: note how truly extraordinary it is for the federal government

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Speaker 4: to refuse to coordinate with local law enforcement and government.

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Speaker 4: Our state Police regularly works with the FBI, the ATF,

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Speaker 4: the DEA to go after gangs and gun runners and

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Speaker 4: drug cartels. Under previous White House administrations, we regularly received

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Speaker 4: notice and worked together on crime fighting operations.

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Speaker 1: Here's what's interesting about what the governor just said. We

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Speaker 1: used to work together. So what is he saying now? Well,

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Speaker 1: the governor says not only does he oppose Trump and

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Speaker 1: his plan to send in federal troops, but he actually

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Speaker 1: called it quote unconstitutional, illegal, and un American, warning a

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Speaker 1: potential legal action. Johnson, by the way, the mayor of Chicago,

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Speaker 1: sign executive order affirming that Chicago police would not cooperate

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Speaker 1: with federal troops and likening any unauthorized deployment as an invasion.

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Speaker 1: He warned that such moves could inflame tensions further. If

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Speaker 1: you want to know what side they're on, it's clearly

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Speaker 1: not on the side of the people that are dying

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Speaker 1: in Chicago. I want to talk to you about my

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Speaker 1: two Patriot. Now, the scary part is the governor and

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Speaker 1: the Mayor stating side by side for the press conference

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Speaker 1: in Chicago. They weren't done there. They're actually angry at

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Speaker 1: Donald Trump for trying to fight crime and save lives.

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Speaker 1: And here is what the governor said about setting in

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Speaker 1: the National Guard.

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Speaker 4: You have reason to believe that Stephen Miller chose the

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Speaker 4: month of September to come to Chicago because of celebrations

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Speaker 4: around Mexican Independence Day that happen here every year. It

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Speaker 4: breaks my heart to report that we have been told

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Speaker 4: Ice will try and disrupt community picnics and peaceful parades.

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Speaker 4: Let's be clear, the terror and cruelty is the point,

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Speaker 4: not the safety of anyone living here. Third as lawful

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Speaker 4: citizens exercise their First Amendment rights. Trump and his team

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Speaker 4: will be looking for any excuse to put active duty

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Speaker 4: military on our streets, supposedly to protect ICE. We have

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Speaker 4: reason to believe that the Trump administration has already begun

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Speaker 4: staging the Texas National Guard for deployment in Illinois. I

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Speaker 4: want to be very clear on this point, and I

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Speaker 4: want to speak directly to the press right now. We know,

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Speaker 4: before anything has happened here, that the Trump plan is

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Speaker 4: to use any excuse to deploy armed military personnel to Chicago.

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Speaker 4: If someone flings a sandwich at an ICE agent, Trump

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Speaker 4: will try and go on TV and declare an emergency

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Speaker 4: in Chicago. I'm imploring everyone, if and when that happens,

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Speaker 4: do not take the bait.

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Speaker 1: It is amazing you have a governor of a state

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Speaker 1: saying that his citizens will be violent, and when they

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Speaker 1: are violent towards men and women in uniform, don't take

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Speaker 1: the bait. By the way, if you want to know

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Speaker 1: what the rest of the people in Chicago are saying,

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Speaker 1: they don't feel safe. And now even MSNBC is being

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Speaker 1: forced to tell the truth about just how bad things are.

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Speaker 1: After fifty eight shot eight killed in Chicago over the

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Speaker 1: weekend on Morning Joe. This is what they said to

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Speaker 1: their liberal audience.

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Speaker 5: Sorry, it is leaders in Chicago that see this. As

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Speaker 5: you say, we've been reading about this for years now,

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Speaker 5: every weekend, and maybe crime has gone down, but you know,

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Speaker 5: we had the mayor of Chicago on last week saying, oh,

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Speaker 5: we don't need any more police officers. Police officers aren't

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Speaker 5: the answer. No police officers. And you know, I think

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Speaker 5: you said no five times. You look what's happening this weekend.

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Speaker 5: He Look, you know, I actually think that JB. Prinsker

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Speaker 5: should do something radical. I think you should pick up

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Speaker 5: the phone, call the president and say, you know, and

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Speaker 5: I know, you don't have the constitutional authority to deploy

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Speaker 5: the National Guard here and the police. You can do

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Speaker 5: that in DC, you can't do that in Chicago. But

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Speaker 5: let's partner up. These are the most dangerous parts of

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Speaker 5: my state. We would love to figure out how to

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Speaker 5: have a partnership that's constitutional, that respects the sort of

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Speaker 5: balance of federalism between the federal government and the state government.

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Speaker 5: And let's work together to save lives.

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Speaker 3: Because right now, just.

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Speaker 5: Hey, nothing to see here, moving along, no problem here, Hey,

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Speaker 5: Donald Trump, we don't need you, and you know the

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Speaker 5: mayor talking about we're going to protect people's dignity in

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Speaker 5: our city, will.

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Speaker 3: Protect their lives.

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Speaker 5: That's protecting their dignity. You know, it would be radical

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Speaker 5: for us to figure out a way to actually do

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Speaker 5: what I've been saying from the very beginning on Washington,

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Speaker 5: and that is seeing politicians creating partnerships that protect their people.

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Speaker 1: Yeah, even MSNBC saying Jenny Prisker should do something radical,

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Speaker 1: he should pick up the phone and call the president

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Speaker 1: because the nothing to see here move isn't working quote unquote.

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Speaker 1: This is how you know this is working. And the

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Speaker 1: President is clearly leading on the issue, and the American

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Speaker 1: people are behind him. They're responding to it. They like

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Speaker 1: living in a safer city like Washington, d C. And

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Speaker 1: now he's trying to bring it to Chicago and other

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Speaker 1: very dangerous cities around the country. So the question now

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Speaker 1: is this to the Democrats, who side are you on?

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Speaker 1: Are you willing to be on the side of all

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Speaker 1: of the lawbreakers, the rapists, the murderers or drug dealers,

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Speaker 1: the child molesters, the illegal immigrants, or are you going

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Speaker 1: to be on the side of the American people. Yes,

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Speaker 1: that may mean that you actually have to agree with

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Speaker 1: Donald Trump on an issue. Is it really worth the

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Speaker 1: lives of Americans just so you can oppose Donald Trump

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Speaker 1: on something as simple as crime. That's the question the

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Speaker 1: press should be asking, and it's the question that's already

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Speaker 1: been answered by so many American voters in major news.

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Speaker 1: Donald Trump has ordered US military strike on a drug vote,

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Speaker 1: killing at least eleven trendl Aga terrists in a warning

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Speaker 1: to drug traffickers. They did not know that the attack

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Speaker 1: was happening until they were already basically dead, and it

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Speaker 1: happened on direct orders from President Donald Trump. The US

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Speaker 1: military forces launch a precision strike we've now learned on

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Speaker 1: the drug Laiden vessel in international waters, killing all eleven

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Speaker 1: Narco terrorists en route to the United States. Trump declared

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Speaker 1: the operation a clear warning to traffickers that those who

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Speaker 1: smuggle poisoned towards America shores will face swift and lethal consequences. Now,

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Speaker 1: one of the things you need to understand about this

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Speaker 1: attack is the terrorists. The Narco terrorists had no idea

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Speaker 1: it was even happening. They were not swerving or driving

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Speaker 1: at a high rate of speed trying to get away

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Speaker 1: from what they thought was a threat to them. They

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Speaker 1: were doing normal business the way they've been able to

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Speaker 1: do it for years under the Biden administration. They had

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Speaker 1: no clue that their life was about to come to

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Speaker 1: an end.

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Speaker 3: Now.

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Speaker 1: Yes, the President United States of America had warned countless

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Speaker 1: times while running for office and since he's been elected

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Speaker 1: that if you are a narco terrorist, that we will

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Speaker 1: come after to you and hunt you down. This seems

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Speaker 1: to be not the end, but the beginning of these actions.

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Speaker 1: The President putting it this way on true socials, saying, quote,

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Speaker 1: earlier this morning, on my orders, US military forces conducted

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Speaker 1: a kinetic strike against a positively identified trend Deiraguet Narco

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Speaker 1: Terrace in the southcom Area of responsibility. The strike occurred

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Speaker 1: while the terrorists were at sea and international waters, transporting

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Speaker 1: illegal narcotics heading to the United States. The President was

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Speaker 1: also asked about this in the Oval office, and here's

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Speaker 1: part of what he had to say.

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Speaker 2: When you come out, and when you leave the room,

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Speaker 2: you'll see that we just over the last few minutes

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Speaker 2: literally shot out a boat, a drug carrying boat, a

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Speaker 2: lot of drugs in that boat. And you'll be seeing that,

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Speaker 2: and you'll be reading about that it just tappened moments ago,

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Speaker 2: and our great General, head of the Joint Chiefs of Staff,

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Speaker 2: who has been so incredible, including what took place in Iran,

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Speaker 2: knocking out potential nuclear power for a long time to come.

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Speaker 2: I think within a month they would have had it.

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Speaker 2: We didn't do what we did, but he gave us

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Speaker 2: a little bit of a briefing and you'll see, and

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Speaker 2: there's more where that came from. We have a lot

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Speaker 2: of drugs pouring into our country, coming in for a

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Speaker 2: long time, and we just these came out of Venezuela

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Speaker 2: and coming out very heavily from Venezuela. A lot of

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Speaker 2: things are coming out of Venezuela. So we took it

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Speaker 2: out and you'll get to see that after this, after

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Speaker 2: this meeting.

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Speaker 6: Is over now.

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Speaker 1: The President also included the video for the world to see.

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Speaker 1: It showed that aerial view of the Panga boat. At

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Speaker 1: the twenty second mark in the video, the boat explodes,

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Speaker 1: burst into flames, and then the boat quickly sank. Now

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Speaker 1: why did the President put it out there. He wanted

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Speaker 1: the world to be on notice that if you're bringing

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Speaker 1: drugs in the United States of America to kill our citizens.

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Speaker 1: We're going to hunt you down, and we're going to

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Speaker 1: kill you. The Commander in Chief added this. The strike

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Speaker 1: resulted in the eleven terrorists killed in action. No US

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Speaker 1: forces were harmed in the strike. Please let this serve

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Speaker 1: as a notice to anybody even thinking about bringing drugs

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Speaker 1: into the United States of America beware. Thank you for

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Speaker 1: your attention to this matter. We also know that the

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Speaker 1: Pentagon has made it clear that they are in fact

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Speaker 1: looking at in essence, plans, attack plans, and the CIA

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Speaker 1: is involved in monitoring Narco terraces, where they are, where

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Speaker 1: their labs are, and there's a very good chance the

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Speaker 1: President could be ordering the strike on their locations very

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Speaker 1: soon as well. What's even more surprising is the response,

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Speaker 1: whether it's Mexico's present when she came out in said

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Speaker 1: there isn't a problem and said that it's not a

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Speaker 1: threat to America and that America must also respect the

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Speaker 1: sovereignty and stay out of Mexico. There's a very clear

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Speaker 1: line that's being drawn in the sand there. We also

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Speaker 1: know what the leader in Venezuela is saying. He's very

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Speaker 1: angry at the US. Why because there is a fifty

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Speaker 1: million dollars bounty on his head for arrest because he

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Speaker 1: is also a narco terrorist. So this is the President

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Speaker 1: putting his words into action, making it clear that the

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Speaker 1: President is not going to let this stand. Here's also

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Speaker 1: what Marco Rubio, the Secretary of State, had to say,

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Speaker 1: as he says the cartels, well, they're in for a

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Speaker 1: very rude awakening.

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Speaker 7: The President is going to be on offense against drug

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Speaker 7: cartels and drug trafficking in the United States. If you stabilized,

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Speaker 7: it's not just the country, but the entire Caribbean basin,

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Speaker 7: these particular drugs are probably headed to Trinidad or some

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Speaker 7: other country in the Caribbean, which point they just contribute

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Speaker 7: to the instability these countries are facing.

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Speaker 6: So the President is very clear he's going to use the.

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Speaker 7: Full power of America, in the full might of the

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Speaker 7: United States to take on and eradicate these drug cartels,

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Speaker 7: no matter where they're operating from, and no matter how

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Speaker 7: long they've been able to act with impunity.

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Speaker 1: That those days are over. Marco Rubio is absolutely right.

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Speaker 1: The world should be paying attention to what the President did.

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Speaker 1: In fact, that's exactly what Jim Hanson, World Straight President

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Speaker 1: had to say to Jesse Waters on his show after

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Speaker 1: the Venezuela and Cocaine boat strike. Listen carefully, cartel members,

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Speaker 1: this is what you need to understand.

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Speaker 8: Did you hear the Secretary of State not take strikes

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Speaker 8: inside of Venezuela off the table?

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Speaker 3: I don't think anything's off the table.

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Speaker 9: And I think anybody who thought that when President Trump

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Speaker 9: designated the drug cartels as terrorists he was kidding can

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Speaker 9: take a look at that oil slick in the Caribbean

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Speaker 9: Sea and see what they found out. This is a

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Speaker 9: message to the cartels and to state leaders who coddle

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Speaker 9: them and allow them to operate, that that's no longer

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Speaker 9: a free ride to make money bringing death into the

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Speaker 9: United States.

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Speaker 8: How robust is this operation going to be?

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Speaker 3: I think as robust as they need to.

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Speaker 9: I think, you know, it's fun for Maduro and other

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Speaker 9: people to say, oh, we know, we've got marines, we've

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Speaker 9: got IEDs, we've got these things. They don't have anything

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Speaker 9: that can stand up to the military might of the

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Speaker 9: United States, And I think this is a good start.

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Speaker 9: There will probably be some more object lessons, maybe a

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Speaker 9: drone strike on a lab something like that, and they're

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Speaker 9: pretty quickly going to find out that we're not going

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Speaker 9: to put up with them making billions of dollars, doing

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Speaker 9: human trafficking and killing our own citizens without a very

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Speaker 9: robust response.

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Speaker 1: Right.

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Speaker 8: And so you have drugs pouring into the country, people

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Speaker 8: are dying, you have Chevron getting shot around with, and

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Speaker 8: you have a guy down there that's flirting with Putin,

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Speaker 8: flirting with Ghi in China. Do you think this kind

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Speaker 8: of operation, if it goes forward, has the support of

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Speaker 8: the American people.

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Speaker 3: Oh, one hundred percent.

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Speaker 9: I mean, the American people are sick of seeing these

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Speaker 9: drug traffickers and these cartels destroying our country with no consequences.

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Speaker 3: And if any of these.

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Speaker 9: People down in South America think they're going to make

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Speaker 9: friends in our hemisphere with the Russians and the Chinese

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Speaker 9: or anybody else, they're going to find out that President

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Speaker 9: Trump is back in charge, America is on top.

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Speaker 3: That's not going to play. Is there a.

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Speaker 8: Risk of counter strikes inside the US proper from the cartels?

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Speaker 9: There is, you know, And the idea, I mean asymmetric

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Speaker 9: warfare is the Achilles heel of the United States. We

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Speaker 9: are one giant soft target here inside the United States. However,

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Speaker 9: payback can be a Metavac. If they try something like that,

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Speaker 9: you know, you go ahead and hit us here, and

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Speaker 9: you want to see some only hell unleashed wherever you're operating.

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Speaker 9: I don't think they'd do it more than once.

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Speaker 1: Now you may also be asking yourself the question, why

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Speaker 1: would leaders of countries like Mexico not work with the

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Speaker 1: president to get rid of the cartels. President Trump on

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Speaker 1: Air Force One back on five' five of this, year

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Speaker 1: had this to say about The president Of. Mexico listen, carefully.

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Speaker 10: Actually go want and help with the. Cartels we would

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Speaker 10: be honored to go in and do. IT i told

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Speaker 10: her THAT i would be honored to go in to do.

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Speaker 10: It if cartels are trying to destroy our. Country they're.

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Speaker 10: Evil bus she's so afraid of the cartel she can't

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Speaker 10: walk straight into this sitations.

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Speaker 3: AND i think she's a lovely.

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Speaker 10: Woman but The president Of mexigo is a lovely, woman

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Speaker 10: but she is so afraid of the cartels that you

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Speaker 10: can't even think.

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Speaker 1: Straight and that's exactly why The president Of United states

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Speaker 1: Of america is stepping up. Now so, yes hitting this

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Speaker 1: boat was important for our safety and. Security it also

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Speaker 1: was important to and a message to the cartel members

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Speaker 1: that if you're running drugs Into, america you are a

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Speaker 1: target of The United states Of. America and based on

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Speaker 1: what we're watching right, now this is not the, end

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Speaker 1: but probably the beginning Of President trump's war on, drugs

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Speaker 1: except his war is going to Have american military behind.

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Speaker 1: It the media and The, democrats, yeah guess what they

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Speaker 1: lied to you?

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Speaker 6: Again they got it wrong.

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Speaker 1: Again they said That Donald trump was going to destroy the,

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Speaker 1: economy that The big Beautiful bill was going to send

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Speaker 1: us into a, recession that the president was out of.

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Speaker 6: Control, well guess what they lied to.

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Speaker 1: You THE us economy is surging past expectations as spending

379
00:21:45,040 --> 00:21:51,320
Speaker 1: and investments are. Soaring THE us economy expanded faster than

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00:21:51,359 --> 00:21:56,560
Speaker 1: initially estimated in the spring Why americans spent more freely

381
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Speaker 1: and businesses stepped up investment in their. Businesses according to

382
00:22:01,400 --> 00:22:06,880
Speaker 1: the revised government, data gross domestic product rose at three

383
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Speaker 1: point three percent annualized rate in the second. Quarter that

384
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Speaker 1: is up from The Commerce department's initial three point zero

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Speaker 1: percent estimate and above the three point one percent pace

386
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Speaker 1: that economists had, Forecasts so they beat not, one but two.

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Speaker 1: Expectations the acceleration followed modest growth in the first quarter

388
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Speaker 1: were being told as. Well now the upward revision reflects

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Speaker 1: household spending more on a couple different things number one,

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Speaker 1: healthcare two, pharmaceuticals and three something completely different than, that dining.

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Speaker 6: Out so what does that.

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Speaker 1: Mean it means people feel comfortable and confident in their

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Speaker 1: income right.

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Speaker 6: Now.

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Speaker 1: Now it also shared us something else with, businesses small,

396
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Speaker 1: businesses mid sized, businesses and large. Businesses companies usted purchases

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00:23:01,240 --> 00:23:04,120
Speaker 1: of number one equipment that tells you they feel good

398
00:23:04,119 --> 00:23:09,879
Speaker 1: about a growing business, structure and intellectual, property meaning that

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00:23:09,960 --> 00:23:14,880
Speaker 1: they're also these businesses are willing to invest in future

400
00:23:15,040 --> 00:23:20,560
Speaker 1: expensive intelligence right intellectual. Property business investment was driven by

401
00:23:20,680 --> 00:23:26,480
Speaker 1: quote stronger outlays on, software on research and, development including

402
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Speaker 1: things like light trucks and commercial.

403
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Speaker 6: Structures so people are.

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Speaker 1: Expanding you don't do these things unless you have confidence

405
00:23:35,280 --> 00:23:39,160
Speaker 1: in an. Economy we also know that the media lied

406
00:23:39,200 --> 00:23:43,000
Speaker 1: to you About trump's trade wars and the. Tariffs all

407
00:23:43,040 --> 00:23:45,200
Speaker 1: of this was happening when they said that things were

408
00:23:45,240 --> 00:23:47,520
Speaker 1: going to be, stopped that there was going to be

409
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Speaker 1: a retraction in the economy because of the instability and the,

410
00:23:51,960 --> 00:23:55,800
Speaker 1: insanity as they described, it Of Donald trump's trade. Wars

411
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Speaker 1: guess what they lied to you, again in, fact also

412
00:24:01,200 --> 00:24:05,440
Speaker 1: contributed to the, Growth so they just lied with pure

413
00:24:05,560 --> 00:24:10,480
Speaker 1: propaganda that was Anti. Trump, imports which subtract FROM gdp,

414
00:24:10,640 --> 00:24:14,199
Speaker 1: calculations declined after surging in the first quarter ahead of

415
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Speaker 1: the new tariffs on some. Goods we also know the export,

416
00:24:17,600 --> 00:24:21,399
Speaker 1: slip but not enough to offset the boom and the

417
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Speaker 1: booze from fewer foreign goods flowing into the, country which

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Speaker 1: is exactly What Donald trump. PREDICTED a key gauge by

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Speaker 1: the way of underlying domestic demand and the real final

420
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Speaker 1: sales to private domestic, purchasers which is an important category

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00:24:38,800 --> 00:24:43,600
Speaker 1: excludes trade inventories and government spinning also, rose so this

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00:24:43,760 --> 00:24:46,399
Speaker 1: is like genuine private sector nothing to do with the.

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Speaker 1: Government it rose at one point nine percent, rate up

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Speaker 1: from one point two percent in the earlier. Estimate so

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00:24:54,040 --> 00:24:58,000
Speaker 1: every virtual metric of what the expectations, were The trump

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Speaker 1: administration blew them out of the.

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Speaker 6: Water now price pressures remained in.

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Speaker 1: Check what does that mean personal consumption expenditure in the price,

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Speaker 1: index The Federal reserves preferred inflation gauge increase at a

430
00:25:12,080 --> 00:25:16,040
Speaker 1: two point zero percent annual rate that was matching The

431
00:25:16,080 --> 00:25:20,639
Speaker 1: Central bank's target core, prices which exclude violatile food and energy,

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Speaker 1: costs advanced at a two point five percent pace as.

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Speaker 1: Well government, spending by the, way was also. REVISED i

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Speaker 1: never get to say this. Lower let me just say that.

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00:25:32,320 --> 00:25:35,879
Speaker 1: Again government spending was revised.

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00:25:36,000 --> 00:25:36,400
Speaker 6: Lower.

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00:25:36,840 --> 00:25:39,840
Speaker 1: Why it was driven by reduced state and local outlays

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00:25:40,160 --> 00:25:43,480
Speaker 1: which tempered some of their, well you, know hey.

439
00:25:43,680 --> 00:25:44,960
Speaker 6: Spending that is.

440
00:25:45,040 --> 00:25:49,639
Speaker 1: Amazing the income, side also of national, accounts painted a

441
00:25:49,760 --> 00:25:55,240
Speaker 1: similar robust. Picture real gross domestic income climbed at a

442
00:25:55,560 --> 00:25:59,760
Speaker 1: four point eight percent, rate while corporate profits rebounded after

443
00:25:59,840 --> 00:26:03,320
Speaker 1: the declining in the first. Quarter The Commerce department is

444
00:26:03,359 --> 00:26:07,240
Speaker 1: scheduled by The way to release its third and final

445
00:26:07,480 --> 00:26:12,880
Speaker 1: estimate of second QUARTER, gdp along with annual benchmark revisions

446
00:26:12,920 --> 00:26:17,399
Speaker 1: to historic, data On september twenty. Fifth so let me

447
00:26:17,480 --> 00:26:21,800
Speaker 1: just recap for. You this is massive growth for our

448
00:26:21,840 --> 00:26:25,960
Speaker 1: economy That Donald trump promised you. Have THE us economy's

449
00:26:26,160 --> 00:26:29,360
Speaker 1: REAL gdp for the second quarter of twenty twenty five

450
00:26:29,440 --> 00:26:33,000
Speaker 1: revised upward to three point three percent annualized. Growth the

451
00:26:33,080 --> 00:26:36,040
Speaker 1: media lied to, you and they told you this would not.

452
00:26:36,200 --> 00:26:40,200
Speaker 1: Happen the initial estimate was three point zero. Percent they

453
00:26:40,200 --> 00:26:43,840
Speaker 1: believed you weren't going to get, there they. Lied this

454
00:26:43,920 --> 00:26:48,840
Speaker 1: marks a significant rebound from the negative zero point five

455
00:26:48,880 --> 00:26:52,520
Speaker 1: percent contraction in quarter one of twenty twenty. Five and

456
00:26:52,600 --> 00:26:55,080
Speaker 1: again the media said that this was a disaster Of

457
00:26:55,080 --> 00:26:57,760
Speaker 1: trump's policies and the trade, war and it was going

458
00:26:57,840 --> 00:26:59,760
Speaker 1: to be just, horrific and you were going to be

459
00:26:59,760 --> 00:27:01,800
Speaker 1: able to find things on the, shelves and that you

460
00:27:01,840 --> 00:27:03,520
Speaker 1: weren't going to be able to find a, job and

461
00:27:03,560 --> 00:27:05,119
Speaker 1: that no one was going to be hiring and no

462
00:27:05,119 --> 00:27:05,679
Speaker 1: one's going to be.

463
00:27:05,720 --> 00:27:08,120
Speaker 6: Manufacturing all of that was a.

464
00:27:08,200 --> 00:27:13,560
Speaker 1: Lie the uptick IN q two performance, again why did it?

465
00:27:13,640 --> 00:27:17,919
Speaker 1: Happen driven by stronger business investments so people have confidence

466
00:27:17,960 --> 00:27:21,879
Speaker 1: something that the media said was not, there and consumer

467
00:27:21,960 --> 00:27:26,439
Speaker 1: spending something that they said wouldn't. Happen another. Lie it

468
00:27:26,520 --> 00:27:29,359
Speaker 1: also was a. Drop we had a drop in. Imports

469
00:27:29,800 --> 00:27:32,800
Speaker 1: what does that? Mean that's better For american. Workers that

470
00:27:32,880 --> 00:27:36,359
Speaker 1: means that we are more stable and we're not depending

471
00:27:36,440 --> 00:27:39,920
Speaker 1: on so much foreign. Trade and, then by the, way

472
00:27:39,920 --> 00:27:43,080
Speaker 1: we all said money that came in that paid down

473
00:27:43,240 --> 00:27:46,440
Speaker 1: our debt because of all the tariffs the present has put,

474
00:27:46,520 --> 00:27:48,439
Speaker 1: in we now know that it could be more than

475
00:27:48,480 --> 00:27:50,679
Speaker 1: a half a trillion dollars it's collected by THE us.

476
00:27:50,760 --> 00:27:54,919
Speaker 1: Government this year, alone the measure of real final sales

477
00:27:54,960 --> 00:27:58,600
Speaker 1: to private domestic, purchasers which includes consumer spending and business,

478
00:27:58,640 --> 00:28:03,000
Speaker 1: investment that was revise up to one point nine percent

479
00:28:03,119 --> 00:28:05,679
Speaker 1: from the prior estimate of one point Two, again the

480
00:28:05,720 --> 00:28:07,560
Speaker 1: media and The democrats lied to.

481
00:28:07,600 --> 00:28:09,640
Speaker 6: You so let's break it down to consumer.

482
00:28:09,720 --> 00:28:13,159
Speaker 1: Spending Donald trump promised you that you were going to

483
00:28:13,200 --> 00:28:15,080
Speaker 1: feel confident and you were going to want to be

484
00:28:15,240 --> 00:28:18,960
Speaker 1: in the game and expand your. Businesses, well real personal

485
00:28:19,040 --> 00:28:22,920
Speaker 1: consumption expenditures grew one point two percent IN q. Two

486
00:28:23,480 --> 00:28:27,600
Speaker 1: that is an incredible growth based on what they said was,

487
00:28:27,640 --> 00:28:30,200
Speaker 1: coming which was a. Disaster let me give you another

488
00:28:30,280 --> 00:28:34,439
Speaker 1: example of. This monthly data For june alone showed a

489
00:28:34,600 --> 00:28:38,520
Speaker 1: zero point three percent rise in consumer. Spending that is,

490
00:28:38,640 --> 00:28:42,640
Speaker 1: consistent it is, stable and it was an expansion that

491
00:28:42,680 --> 00:28:45,920
Speaker 1: the economists and the media and the left said was

492
00:28:46,080 --> 00:28:46,960
Speaker 1: not going to.

493
00:28:47,080 --> 00:28:48,520
Speaker 6: Happen, again another.

494
00:28:48,640 --> 00:28:53,560
Speaker 1: Lie on a quarter over quarter, basis for, example real

495
00:28:53,600 --> 00:28:57,120
Speaker 1: consumer spending increase from zero point five percent IN q

496
00:28:57,200 --> 00:29:00,400
Speaker 1: one to one point six percent IN q. Two that

497
00:29:00,520 --> 00:29:04,000
Speaker 1: is an explosion of. Spending and why did this? Happen

498
00:29:04,080 --> 00:29:09,240
Speaker 1: because people have faith In Donald trump's. Policies so let's

499
00:29:09,240 --> 00:29:12,080
Speaker 1: deal with corporate profits and business, investment because that's going

500
00:29:12,160 --> 00:29:17,800
Speaker 1: to drive income For. Americans corporate profits rebounded in quarter

501
00:29:17,840 --> 00:29:20,720
Speaker 1: two with a gain of you're ready for, this thank,

502
00:29:20,760 --> 00:29:26,240
Speaker 1: You Donald, trump sixty five point five. Billion let me

503
00:29:26,280 --> 00:29:28,959
Speaker 1: explain how big of a of a fix this. Is

504
00:29:30,000 --> 00:29:33,280
Speaker 1: in the prior QUARTER q, one there was a ninety

505
00:29:33,320 --> 00:29:36,760
Speaker 1: point six billion dollar. Decline so not only did we

506
00:29:36,840 --> 00:29:39,080
Speaker 1: wipe out the ninety point six billion dollar decline IN q,

507
00:29:39,200 --> 00:29:42,440
Speaker 1: one we added sixty five point five billion to.

508
00:29:42,520 --> 00:29:43,320
Speaker 6: That that is.

509
00:29:43,360 --> 00:29:49,640
Speaker 1: Insane business investments contributed meaningfully to THE gdp, rebound showing

510
00:29:49,680 --> 00:29:54,520
Speaker 1: growth and equipment in, structures intellectual PROPERTY ai related, investments

511
00:29:54,840 --> 00:29:58,000
Speaker 1: and light, vehicles meaning that these are companies that are

512
00:29:58,000 --> 00:30:00,000
Speaker 1: saying it's time to buy a new fleet of. Vehicles

513
00:30:00,360 --> 00:30:02,400
Speaker 1: that's something that you do not do if you are

514
00:30:02,520 --> 00:30:06,320
Speaker 1: unsure about the. Economy let me also just be very,

515
00:30:06,360 --> 00:30:10,080
Speaker 1: clear all of these games were happening while the media

516
00:30:10,160 --> 00:30:14,520
Speaker 1: was Hammering. Trump The democrats were Hammering Trump's trump policies

517
00:30:15,080 --> 00:30:18,800
Speaker 1: and saying that the tariffs were going to be a. Disaster,

518
00:30:20,040 --> 00:30:23,640
Speaker 1: yes the fight on tariffs was. Happening interest rates by

519
00:30:23,640 --> 00:30:26,880
Speaker 1: the way have remained. High The president's been arguing over,

520
00:30:26,920 --> 00:30:29,000
Speaker 1: that with THE fed chair saying you got to bring them.

521
00:30:29,040 --> 00:30:32,560
Speaker 1: Down they said that was going to dampen future investment and.

522
00:30:32,640 --> 00:30:34,760
Speaker 1: Growth part of the reason why people thought that The

523
00:30:34,760 --> 00:30:37,400
Speaker 1: fed chairman was doing it to not Help Donald trump

524
00:30:37,440 --> 00:30:40,080
Speaker 1: but to hurt. Him so with a tariff war and

525
00:30:40,160 --> 00:30:43,440
Speaker 1: with high interest, rates you still have all the data

526
00:30:43,640 --> 00:30:47,520
Speaker 1: THAT i just gave. You So, yes THE us economy

527
00:30:47,560 --> 00:30:51,400
Speaker 1: saw a massive bounce back IN q two WITH gdp

528
00:30:51,600 --> 00:30:56,840
Speaker 1: growth driven by improved private consumption and investment because Of trump's.

529
00:30:56,840 --> 00:31:00,200
Speaker 1: Policies that was contrary to the idea of spending going

530
00:31:00,280 --> 00:31:03,840
Speaker 1: through the roof right that the left was, like will never.

531
00:31:03,960 --> 00:31:07,239
Speaker 1: Happen so they were lying to. You now did they

532
00:31:07,280 --> 00:31:08,120
Speaker 1: know they were lying to?

533
00:31:08,160 --> 00:31:08,240
Speaker 10: You?

534
00:31:08,360 --> 00:31:12,600
Speaker 1: Yes were the economic indicators? There, yes the economic indicators

535
00:31:12,720 --> 00:31:16,520
Speaker 1: were in fact, there and it showed that this was

536
00:31:16,560 --> 00:31:19,280
Speaker 1: a real thing that was going to. Happen and they

537
00:31:19,360 --> 00:31:21,560
Speaker 1: didn't want it to. Happen they wanted to undermine the.

538
00:31:21,560 --> 00:31:25,600
Speaker 1: President they wanted to undermine, you The american. Worker they

539
00:31:25,640 --> 00:31:29,560
Speaker 1: wanted this to be a. Failure the failure didn't happen

540
00:31:29,800 --> 00:31:32,160
Speaker 1: because The president Of United states Of america Said i'm not.

541
00:31:32,320 --> 00:31:34,880
Speaker 1: Flinching i'm going to fix the problem with the trade.

542
00:31:34,920 --> 00:31:37,400
Speaker 1: War i'm going to stop allowing countries to take advantage of.

543
00:31:37,480 --> 00:31:40,120
Speaker 1: Us i'm going to bring in income in a way

544
00:31:40,160 --> 00:31:44,040
Speaker 1: that you haven't seen before with, tariffs And i'm not backing.

545
00:31:44,360 --> 00:31:46,560
Speaker 1: Down and that is exactly what The president of The

546
00:31:46,680 --> 00:31:50,440
Speaker 1: United states Of america. Did job well, Done President. Trump

547
00:31:50,680 --> 00:31:54,200
Speaker 1: and the most important thing is this is great news

548
00:31:54,760 --> 00:31:57,240
Speaker 1: for Every american that is out.

549
00:31:57,280 --> 00:31:58,959
Speaker 6: There don't forget share this.

550
00:31:59,040 --> 00:32:02,480
Speaker 1: Podcast please with, you your, family and your friends wherever they,

551
00:32:02,560 --> 00:32:04,760
Speaker 1: are AND i will see you back here.

552
00:32:05,080 --> 00:32:05,520
Speaker 6: Tomorrow