WEBVTT - With His Wang & His Gun

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<v Speaker 1>Broadcasting live from the Abraham Lincoln Radio Studio, the George

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<v Speaker 1>Washington Broadcast Center, Jack Armstrong and Joe, Katty.

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<v Speaker 2>Arm Strong and Jettie and he Armstrong and Yetty.

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<v Speaker 1>Well, we're very honored.

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<v Speaker 2>Oh well, it's crazy just because of him here. You're

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<v Speaker 2>the only reason I'm here.

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<v Speaker 1>Are you free to talk a little bit?

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<v Speaker 2>I'm not speaking cameras.

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<v Speaker 1>That's seen Alexander. He was a hostage of Hamas for

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<v Speaker 1>three years. How long has it been.

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<v Speaker 2>Four hundred and fifty days or something? I don't remember exactly,

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<v Speaker 2>since October of twenty three.

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<v Speaker 1>Uh. He was on the phone with Trump yesterday saying,

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<v Speaker 1>the only reason I'm here, You're the only reason I'm here.

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<v Speaker 1>You saved my life, Trumpet negotiating with somebody in Hamas

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<v Speaker 1>and bypassing Israel on that whole thing and getting the

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<v Speaker 1>guy out. So Uh, that was a good story. Over

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<v Speaker 1>the weekend, we mentioned on Friday how Bruce Springsteen had

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<v Speaker 1>bad mouthed Trump in the United States while he was

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<v Speaker 1>kicking off his world tour in Great Britain. We are

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<v Speaker 1>annoyed by that. It was after we got off the

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<v Speaker 1>air on Friday that Trump truth to this out about

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<v Speaker 1>Bruce Springsteen. I see that highly overrated Bruce Springsteen goes

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<v Speaker 1>to a foreign country to speak badly about the president

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<v Speaker 1>of the United States. Never liked him, never liked his

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<v Speaker 1>music or his radical left politics, and importantly, he's not

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<v Speaker 1>a talented guy.

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<v Speaker 2>I love stuff like low.

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<v Speaker 1>He's just a pushy of notxious jerk all caps who

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<v Speaker 1>fervently supported crook and Joe Biden and mentally incompetent fool

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<v Speaker 1>and our worst ever president who came close to destroying

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<v Speaker 1>our country. If I wasn't elected, it would have been

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<v Speaker 1>gone by now. Sleepy dough Joe didn't have a clue

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<v Speaker 1>as to what he was doing. But Springsteen is quote dumb,

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<v Speaker 1>is a rock unquote.

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<v Speaker 2>I like how he puts quotes.

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<v Speaker 1>I don't even know exactly what that means, and couldn't

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<v Speaker 1>see what was going on, or could he which is

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<v Speaker 1>even worse, This dried out prune of a rocker. Prune

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<v Speaker 1>also in quotes his skin is all atrophied. Trump right,

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<v Speaker 1>let me close with the sentence. I'll say it again

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<v Speaker 1>because it's just too good. This dried out prune of

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<v Speaker 1>a rocker, his skin is all atrophied. Ought to keep

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<v Speaker 1>his mouth shut until he gets back into the country.

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<v Speaker 1>That's just standard fair also in quotes. Then we'll see

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<v Speaker 1>how it goes for him.

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<v Speaker 2>All right, I'm glad you find it so amusing. I

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<v Speaker 2>just I find it very amusing. On what level? Help

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<v Speaker 2>me understand? His skin is atrophied.

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<v Speaker 1>I think it's hilarious that the president of the United

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<v Speaker 1>States is making fun of an old rock and roller

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<v Speaker 1>for having saying his skin.

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<v Speaker 2>I just can't believe it's even happening, right, And we

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<v Speaker 2>can't be held responsible for what we find amusing. That's fine.

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<v Speaker 2>I just find it troubling. It's just weird.

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<v Speaker 1>It's weird.

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<v Speaker 2>Uh So anyway, although none of that's really of any consequence.

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<v Speaker 2>And uh and and and Bruce is obnoxious and a

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<v Speaker 2>blow hard and a limousine liberal and how to shut

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<v Speaker 2>up and plays damn music. Anyway, Having said.

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<v Speaker 1>That, one of the own quotes, why do you think

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<v Speaker 1>he puts word of random words in quotes That happens

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<v Speaker 1>a lot online.

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<v Speaker 2>It's just a way to emphasize that word.

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<v Speaker 1>Oh, it's like a capitalizing it or okay, gotcha, okay,

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<v Speaker 1>I didn't get you onto that.

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<v Speaker 2>There you go. Yeah, And you know, Hunter Thompson used

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<v Speaker 2>to do this way back in the day, and people

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<v Speaker 2>do it online too. They capitalize a word like all caps,

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<v Speaker 2>but just capitalize it to emphasize I do that. I've

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<v Speaker 2>never used a quote as an amateur linguist. I think

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<v Speaker 2>it's interesting how you know, print language evolves to imitate

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<v Speaker 2>speaking language. Anyway. Uh so, Yeah, and the other thing

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<v Speaker 2>Trump tweeted out. And for the record, I've got a

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<v Speaker 2>couple of things that I've been wanting to talk about

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<v Speaker 2>how Trump, the Trump administration has essentially put out the

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<v Speaker 2>word disparate impact. The theory of disparate impact, meaning if

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<v Speaker 2>a lower percentage of black people get accepted to be cops,

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<v Speaker 2>that's proof that the test is racist. They've said that's wrong,

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<v Speaker 2>it's racist, and it no longer will guide any federal policy.

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<v Speaker 2>Huge victory for common sense, for meritocracy, the rest of it.

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<v Speaker 2>Nobody's talking about that move. It's incredibly important. I say,

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<v Speaker 2>well done. So the Trump's Energy Department. So the Trump

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<v Speaker 2>government said that that's the way they're going to look

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<v Speaker 2>at it.

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<v Speaker 1>Yeah, the administration, because the Supreme Court unfortunately has said

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<v Speaker 1>disparate impact of the thing.

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<v Speaker 2>Bring it up again. That was an obscene couple of

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<v Speaker 2>rulings just idiotic, indefensible anyway, And another thing, I love

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<v Speaker 2>this headline, free the gas stove. Trump's Energy Department has

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<v Speaker 2>acted dozens of Biden appliances and regulations, like one hundred

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<v Speaker 2>thousand pages of phony green new scam regulations are gone.

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<v Speaker 1>God I heard a good one the other day because

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<v Speaker 1>I have this last two dishwashers, I've had your modern

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<v Speaker 1>dishwasher because of all the dumb regulations they As has

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<v Speaker 1>been pointed out by many people, you practically have to

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<v Speaker 1>wash the dishes before you put them in the dishwasher

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<v Speaker 1>because they don't do what they used to do because

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<v Speaker 1>of all these different environmental regulations.

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<v Speaker 2>Yeah, so before I kicked Trump, I just wanted to

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<v Speaker 2>mention that. I mean, for instance, let's dig into this

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<v Speaker 2>a little bit. Gone are rules banning a wide swath

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<v Speaker 2>of gas stoves. Gone are the strict water standards governing

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<v Speaker 2>dishwashers and shower and articular chick. Gone is the government

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<v Speaker 2>wide effort to force electrification of the economy through appliance regulations,

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<v Speaker 2>all part of a historic action the Trump administration nounced

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<v Speaker 2>today reversing dozens of energy regulations, saving consumers more than

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<v Speaker 2>eleven billion dollars and cutting more than one hundred and

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<v Speaker 2>twenty five thousand words from the United States Code of Regulations.

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<v Speaker 2>Great stuff, great, great, great, save you money. Hallelujah. Amen.

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<v Speaker 1>Okay, I like when Trump says things like in Bruce

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<v Speaker 1>Brington he has no talent. What. I just find that

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<v Speaker 1>so bizarre. It's like screaming that Kareem ab Duel Jabbar wasn't.

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<v Speaker 2>Even tall, right, That's just absurd anyway, So he was

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<v Speaker 2>tweeting truthing out a bunch of stuff the other day,

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<v Speaker 2>including and I'll just go ahead and shout the stuff

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<v Speaker 2>that's in all caps. Walmart should stop trying to blame

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<v Speaker 2>tariffs is the reason for raising prices throughout the chain.

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<v Speaker 2>Walmart made billions of dollars.

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<v Speaker 1>Last year, far more than expected between Walmart and China.

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<v Speaker 1>They should eat the tariffs and not charge valued customers anything.

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<v Speaker 1>I'll be why, and so will your customers. Well many

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<v Speaker 1>exclamation points as usual. I agree with Bernie Sanders or

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<v Speaker 1>disagree with Bernie Sanders. I don't like Bernie when he

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<v Speaker 1>does this sort of thing. Oh that was Trump, you'd say, yes,

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<v Speaker 1>this was also Trump. After causing catastrophic inflation. Comrade kamalaw

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<v Speaker 1>announced that she wants to institute socialist price controls. Her

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<v Speaker 1>plan is very dangerous because it may sound good politically.

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<v Speaker 1>This is communist, this is Marxist, this is fascist. Yes,

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<v Speaker 1>both statements by Donald Trump.

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<v Speaker 2>Last year, he blasted Kamala Harris's proposal for price controls

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<v Speaker 2>on groceries. Now he's attacking Walmart for warning that it

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<v Speaker 2>will have to raise prices in the wake of the tariffs.

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<v Speaker 1>Well, and you know, in claiming that Walmart would only

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<v Speaker 1>raise prices to make more profit made, you made enough

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<v Speaker 1>money last year, basically is what he's saying. He made

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<v Speaker 1>billions last year. Okay, when does this become a conservative thing?

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<v Speaker 1>You tell companies you've made enough money.

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<v Speaker 2>Yeah, I'll be going to play your golf courts for free, sir,

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<v Speaker 2>because you made enough money last year. So, and the

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<v Speaker 2>other part of it is, you know, it's it's a

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<v Speaker 2>rebuttal of what he's claimed himself for months. He said

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<v Speaker 2>the foreign producers will pay the full cost to tariffs,

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<v Speaker 2>But now he's admitting that Walmart and American retailer will

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<v Speaker 2>have to eat some of the costs or pass them

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<v Speaker 2>on to their customers. And Walmart's net profit margin is

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<v Speaker 2>less than three percent. Now, it's an enormous company, so

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<v Speaker 2>if you have two point eight percent profit on you know,

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<v Speaker 2>a company of that size, that's a hell of a number.

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<v Speaker 2>But it doesn't have a bunch of room to absorb

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<v Speaker 2>the higher costs caused by tariffs. Retail competition is incredibly intense,

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<v Speaker 2>and Walmart's longtime comparative advantages advantage has been lower prices.

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<v Speaker 2>And what bothers me is Number one Trump trying to

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<v Speaker 2>tell Walmart how to run its business and number two

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<v Speaker 2>like that vague threat of retribution. Yeah, yeah, that's not cool.

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<v Speaker 2>I'm I'm against that no matter who's the president. Sorry,

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<v Speaker 2>if you're just a hardcore you know, Trump fan, or

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<v Speaker 2>are you figure if admitting anything is wrong, that will

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<v Speaker 2>weaken the case and Democrats will win and the rest

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<v Speaker 2>of it. You know, I see your point, but I

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<v Speaker 2>just can't.

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<v Speaker 1>Very very bernie aoc. You could imagine either one of

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<v Speaker 1>them shouting that on the no Oligarchs tour, right.

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<v Speaker 2>Yeah, Walmart's plenty of money, they have too much profit.

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<v Speaker 1>Will hold the Walmart accountable if they raise prices.

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<v Speaker 2>That's a very Bernie Sanders thing to say. And as always,

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<v Speaker 2>my real concern. And the reason I bring this up

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<v Speaker 2>is the dumb stuff Trump does might derail the fabulous

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<v Speaker 2>stuff he does, and that would kill me. Do you

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<v Speaker 2>mean dumb politically or for the way conservatism out of

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<v Speaker 2>work politically? I think the Republicans, you know, going for

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<v Speaker 2>this big, beautiful bill that gives.

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<v Speaker 1>Perfectly healthy work age men free healthcare might be a

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<v Speaker 1>good idea.

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<v Speaker 2>That's what bothers me, right right, I think, yeah, the

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<v Speaker 2>saying what he said about Walmart and the rest of it,

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<v Speaker 2>I don't think he's going to make much political difference

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<v Speaker 2>at all. I think the whole tariff thing will though

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<v Speaker 2>it'll mess up the economy either a little or a lot.

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<v Speaker 2>I don't even know where we are.

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<v Speaker 1>In terms of politics and the parties and stuff. It's

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<v Speaker 1>very difficult for me to figure out. There are probably,

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<v Speaker 1>to the extent that they saw it, many many, many,

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<v Speaker 1>many would consider themselves Republican voters who said, yeah, screw

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<v Speaker 1>Walmart trying to raise prices on us. Yeah, yeah, these

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<v Speaker 1>are weird times.

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<v Speaker 2>There are no political parties, as we were discussing earlier.

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<v Speaker 1>We got downgraded on our on our credit and US stocks.

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<v Speaker 1>New York Post headline is US stocks fall on US downgrade.

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<v Speaker 1>That news came out Friday, I think after the markets

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<v Speaker 1>closed or over the weekend. So this is new news

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<v Speaker 1>to the markets. But we got downgraded because of the

0:12:16.360 --> 0:12:20.240
<v Speaker 1>debt we've built up over many administrations. This is not

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<v Speaker 1>just a Trump thing, obviously, or a Democrat thing, but.

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<v Speaker 2>Sure, but the credit raging agencies were looking at the

0:12:27.400 --> 0:12:30.760
<v Speaker 2>negotiations for the big giant budget bill and trying to see, all, right,

0:12:30.800 --> 0:12:32.400
<v Speaker 2>are they going to try to get their fiscal house

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<v Speaker 2>in order?

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<v Speaker 1>The answer is no. Let the party roll on. You know,

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<v Speaker 1>Trump would probably make the argument, So Biden wasn't going

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<v Speaker 1>to take the hit. George Bush didn't want to. Nobody, nobody,

0:12:46.760 --> 0:12:48.600
<v Speaker 1>Republican or Democrat, wants to take that. You want me

0:12:48.640 --> 0:12:53.560
<v Speaker 1>to take the political hit for finally like cutting services

0:12:53.600 --> 0:12:54.480
<v Speaker 1>or raising taxes?

0:12:54.880 --> 0:12:55.000
<v Speaker 2>Right?

0:12:55.400 --> 0:12:55.600
<v Speaker 1>Why?

0:12:55.600 --> 0:12:58.680
<v Speaker 2>I mean, all the Congress people say what he said, right,

0:13:00.559 --> 0:13:02.199
<v Speaker 2>I don't know how you get out of this. I

0:13:02.240 --> 0:13:04.840
<v Speaker 2>suppose by monarchy.

0:13:05.200 --> 0:13:07.360
<v Speaker 1>By finally collapsing.

0:13:08.840 --> 0:13:14.600
<v Speaker 2>Or a wise and benevolent philosopher king. Who's who's picking

0:13:14.640 --> 0:13:18.000
<v Speaker 2>that person? I'll go ahead if you'd like. Is that

0:13:18.040 --> 0:13:21.320
<v Speaker 2>you've got a few names in mind? Okay, okay, we

0:13:21.360 --> 0:13:24.960
<v Speaker 2>got a lot on the way. Stay here, Eddie.

0:13:27.240 --> 0:13:45.840
<v Speaker 3>Multiple cameras rolling as a ship strikes the Brooklyn Bridge.

0:13:50.600 --> 0:13:54.840
<v Speaker 1>Why is the Mexican navy attacking our bridges? And why

0:13:54.840 --> 0:13:55.960
<v Speaker 1>have we not fired back?

0:13:56.840 --> 0:14:01.760
<v Speaker 2>They're not very good at it, Great Scott. Anybody who's

0:14:01.800 --> 0:14:03.760
<v Speaker 2>seen the video? Man, I just saw one from a

0:14:03.760 --> 0:14:09.760
<v Speaker 2>different angle. Ooh, grizzly. There are a bunch of guys

0:14:09.880 --> 0:14:12.960
<v Speaker 2>Mexican sailors up in the riggings. They got knocked down

0:14:12.960 --> 0:14:16.400
<v Speaker 2>when they hit the Brooklyn Bridge. Oh they so it was.

0:14:16.400 --> 0:14:19.560
<v Speaker 1>A really tall ship. So as they were heading toward it,

0:14:19.640 --> 0:14:22.920
<v Speaker 1>weren't there people weren't there. Weren't the people up there saying, well,

0:14:22.920 --> 0:14:26.400
<v Speaker 1>that looks like that's about eye level. I'm getting held down.

0:14:26.480 --> 0:14:28.120
<v Speaker 1>I don't care if I got ordered to or not.

0:14:28.280 --> 0:14:30.520
<v Speaker 1>Have we thought this through because that looks like we're

0:14:30.520 --> 0:14:33.520
<v Speaker 1>not going to fit under there. Yeah, I think they

0:14:33.640 --> 0:14:36.840
<v Speaker 1>lost power or something like that. Just her sketchy reports.

0:14:37.000 --> 0:14:39.400
<v Speaker 2>It's a lot like when that cargo ship bashed into

0:14:39.400 --> 0:14:40.760
<v Speaker 2>the bridge in Baltimore.

0:14:41.360 --> 0:14:47.160
<v Speaker 1>Speaking of boats, are you familiar with the premise of

0:14:47.200 --> 0:14:52.320
<v Speaker 1>the television show Gilligan's Island from the sixties, because some

0:14:52.360 --> 0:14:54.160
<v Speaker 1>of you might not be, as a bunch of helpfully

0:14:54.280 --> 0:14:55.000
<v Speaker 1>laid out.

0:14:54.840 --> 0:14:58.240
<v Speaker 2>In the theme song every week if you needed a reminder.

0:14:58.360 --> 0:14:59.880
<v Speaker 1>Back in the old days, they would tell you what

0:15:00.000 --> 0:15:03.320
<v Speaker 1>I don't remember, why these people were on there, what

0:15:03.640 --> 0:15:07.480
<v Speaker 1>circumstances caused them to be so stranded. Just sit right

0:15:07.520 --> 0:15:09.280
<v Speaker 1>back and you'll hear a tale. Back in the old days,

0:15:09.320 --> 0:15:11.240
<v Speaker 1>they would lay out the premise of the show every

0:15:11.280 --> 0:15:12.280
<v Speaker 1>week in the song for you.

0:15:12.720 --> 0:15:13.680
<v Speaker 2>That was very, very handy.

0:15:13.840 --> 0:15:15.760
<v Speaker 1>You take the take, you good, you take the bad,

0:15:16.240 --> 0:15:18.680
<v Speaker 1>the facts of life, whatever the show was, they would

0:15:18.680 --> 0:15:20.640
<v Speaker 1>tell you. But anyway, here's the story of a man

0:15:20.720 --> 0:15:25.440
<v Speaker 1>named Brady exactly. But so you got this boat that

0:15:25.520 --> 0:15:28.000
<v Speaker 1>ran into an island and they got stuck there, and

0:15:28.040 --> 0:15:29.920
<v Speaker 1>the whole show is about they're stuck on this island

0:15:29.960 --> 0:15:34.400
<v Speaker 1>and dealing with each other, and you got cannibals and.

0:15:34.440 --> 0:15:37.720
<v Speaker 2>They're just concertingly ineffective efforts to leave. Anyway.

0:15:37.760 --> 0:15:39.680
<v Speaker 1>I thought this was really good from James Lindsay, who

0:15:39.720 --> 0:15:42.760
<v Speaker 1>were big intellectual fans of on Twitter, he said, I

0:15:43.080 --> 0:15:47.360
<v Speaker 1>think we often overestimate how much worse some things are

0:15:47.440 --> 0:15:50.160
<v Speaker 1>now than they were in the past, and he linked

0:15:50.320 --> 0:15:55.000
<v Speaker 1>this story about Gilligan's Island which says at the height

0:15:55.120 --> 0:15:58.920
<v Speaker 1>of Gilligan's Island popularity, which was nineteen sixty six, the

0:15:59.040 --> 0:16:02.440
<v Speaker 1>US Coast Guard received twenty five hundred letters a week

0:16:02.840 --> 0:16:07.440
<v Speaker 1>asking why the castaways hadn't been rescued yet. Oh wow,

0:16:09.560 --> 0:16:12.280
<v Speaker 1>with James'sa's point being, see, we've always been a bunch

0:16:12.320 --> 0:16:14.680
<v Speaker 1>of morons, or I had a lot of morons.

0:16:17.200 --> 0:16:19.880
<v Speaker 2>What I've got to take a moment to absorb that.

0:16:20.960 --> 0:16:26.520
<v Speaker 2>And I assume they mean sincere letters, not like trolling

0:16:26.680 --> 0:16:29.800
<v Speaker 2>by mail. I don't think trolling was a thing back then.

0:16:29.920 --> 0:16:32.240
<v Speaker 2>Certainly you wouldn't take the time by mail.

0:16:32.520 --> 0:16:36.200
<v Speaker 1>Twenty five hundred a week a week asking the Coastguard

0:16:36.240 --> 0:16:41.120
<v Speaker 1>why they hadn't rescued Gilligan the Skipper and oh, in particular,

0:16:41.120 --> 0:16:43.000
<v Speaker 1>if I'm a Coastguard mail a young twenty two year

0:16:43.000 --> 0:16:45.440
<v Speaker 1>old in the Coastguard, I'm rescuing Marianne and Ginger right

0:16:45.480 --> 0:16:46.000
<v Speaker 1>off the bat.

0:16:46.480 --> 0:16:49.680
<v Speaker 2>Sure women and children first, Florius, that.

0:16:49.640 --> 0:16:52.600
<v Speaker 1>Guy from that seventies, what's that that Twitter feed. Everybody

0:16:52.680 --> 0:16:54.280
<v Speaker 1>likes the seventies. Something wrong?

0:16:54.320 --> 0:16:56.040
<v Speaker 2>Oh oh super seventy sports.

0:16:56.480 --> 0:16:59.960
<v Speaker 1>He said, as you get older, you look at missus

0:17:00.120 --> 0:17:02.720
<v Speaker 1>how and realize there's a third viable option on that alley.

0:17:03.600 --> 0:17:08.600
<v Speaker 2>She was an attractive woman. Yeah, absolutely, ages, yeah, exactly. Well,

0:17:08.880 --> 0:17:12.800
<v Speaker 2>so many questions, how was the skipper still a peace

0:17:13.359 --> 0:17:16.240
<v Speaker 2>after being stranded at an island for years?

0:17:17.880 --> 0:17:18.240
<v Speaker 4>Going on?

0:17:18.320 --> 0:17:19.760
<v Speaker 2>There metabolism problem?

0:17:19.960 --> 0:17:23.320
<v Speaker 1>But so he did some wagovi the ultimate point being,

0:17:23.359 --> 0:17:25.239
<v Speaker 1>and I think James makes a good point, we do

0:17:25.480 --> 0:17:31.160
<v Speaker 1>overestimate the the percentage of people that are dumb or

0:17:31.440 --> 0:17:36.080
<v Speaker 1>don't pay attention or whatever. It's not like everybody in

0:17:36.160 --> 0:17:40.000
<v Speaker 1>the sixties or the eighteen fifties or whenever. We're learning

0:17:40.080 --> 0:17:43.200
<v Speaker 1>Latin and studying the constitution, like Thomas Jefferson.

0:17:43.280 --> 0:17:47.280
<v Speaker 2>Yeah right right, yeah, yeah, so true. Deer Coast Guard,

0:17:47.320 --> 0:17:48.400
<v Speaker 2>why haven't you rescued?

0:17:48.400 --> 0:17:53.879
<v Speaker 1>Gilligan signed for people are desperate and desperately incompetent.

0:17:54.000 --> 0:17:56.359
<v Speaker 2>They can't even build a raft. What is my tax

0:17:56.440 --> 0:17:56.880
<v Speaker 2>money going?

0:17:57.000 --> 0:17:59.280
<v Speaker 1>So you thought every TV show you were watching was

0:17:59.320 --> 0:18:01.440
<v Speaker 1>a reality show in the sixties.

0:18:02.119 --> 0:18:05.200
<v Speaker 2>And they didn't like ask why don't the camera people

0:18:05.600 --> 0:18:10.240
<v Speaker 2>rescue them? That didn't even occur to them. No, boy,

0:18:10.320 --> 0:18:11.800
<v Speaker 2>that is really dumb.

0:18:12.200 --> 0:18:14.120
<v Speaker 1>Or the orchestra playing the music when you come back

0:18:14.119 --> 0:18:16.200
<v Speaker 1>from commercials, they could have die helped goodly.

0:18:17.880 --> 0:18:20.680
<v Speaker 2>Armstrong and Blue.

0:18:20.680 --> 0:18:23.840
<v Speaker 1>Research shows that too much sitting could damage your brain,

0:18:24.240 --> 0:18:27.120
<v Speaker 1>which explains why Stephen Hawking was such a dumb ass.

0:18:29.680 --> 0:18:33.040
<v Speaker 2>Wow. Wow, I know I feel about that A little

0:18:33.119 --> 0:18:34.440
<v Speaker 2>uncomfortable with that one.

0:18:34.920 --> 0:18:39.320
<v Speaker 1>Too much sitting can damnage your brain. So the big

0:18:39.520 --> 0:18:43.040
<v Speaker 1>story of the day is not exactly what I thought

0:18:43.040 --> 0:18:48.360
<v Speaker 1>it was originally when I heard it. By the way,

0:18:48.359 --> 0:18:51.119
<v Speaker 1>my son has whooping cough. Now, oh no, I was

0:18:51.160 --> 0:18:51.760
<v Speaker 1>afraid of that.

0:18:52.119 --> 0:18:54.840
<v Speaker 2>Yeah. Uh.

0:18:54.960 --> 0:18:56.840
<v Speaker 1>Took him to Digery Carry yesterday though, got him on

0:18:56.880 --> 0:19:04.639
<v Speaker 1>some medicine so waited out. Wasn't obvious to me right

0:19:04.680 --> 0:19:08.480
<v Speaker 1>away when the news broke that Joe Biden has not

0:19:08.560 --> 0:19:15.080
<v Speaker 1>just prostate cancer, which is the most curable all the

0:19:15.119 --> 0:19:18.960
<v Speaker 1>cancers out there that we regularly talk about, but just

0:19:19.160 --> 0:19:22.960
<v Speaker 1>that he's got a pretty bad version of it, and

0:19:24.160 --> 0:19:26.480
<v Speaker 1>all the timing around this that hadn't occurred to me.

0:19:26.720 --> 0:19:29.480
<v Speaker 1>But before we get to that, here is jd Vance.

0:19:29.520 --> 0:19:32.480
<v Speaker 1>I guess he was asked a question about the breaking

0:19:32.560 --> 0:19:35.040
<v Speaker 1>story in Joe Biden's health today. Here's what he had

0:19:35.080 --> 0:19:35.360
<v Speaker 1>to say.

0:19:35.680 --> 0:19:38.399
<v Speaker 5>We really do need to be honest about whether the

0:19:38.440 --> 0:19:40.760
<v Speaker 5>former president was capable of doing the job.

0:19:41.520 --> 0:19:43.000
<v Speaker 2>And that's no.

0:19:44.000 --> 0:19:46.720
<v Speaker 5>You know that you can separate the desire for him

0:19:46.760 --> 0:19:49.720
<v Speaker 5>to have the right health outcome with a recognition that

0:19:49.760 --> 0:19:52.280
<v Speaker 5>whether it was doctors or whether there were staffers around

0:19:52.320 --> 0:19:55.159
<v Speaker 5>the former president, I don't think he was able to

0:19:55.200 --> 0:19:58.280
<v Speaker 5>do a good job for the American people. And that's

0:19:58.280 --> 0:20:00.840
<v Speaker 5>not politics. That's not because I disagree with him on policy.

0:20:00.840 --> 0:20:02.600
<v Speaker 5>That's because I don't think that he was in good

0:20:02.680 --> 0:20:05.439
<v Speaker 5>enough health. In some ways, I blame him less than

0:20:05.480 --> 0:20:07.399
<v Speaker 5>I blame the people around him. And why didn't the

0:20:07.400 --> 0:20:09.560
<v Speaker 5>American people have a better sense of his health picture?

0:20:09.880 --> 0:20:12.840
<v Speaker 5>Why didn't the American people have more accurate information about

0:20:12.840 --> 0:20:15.760
<v Speaker 5>what he was actually dealing with? This is serious stuff,

0:20:15.960 --> 0:20:17.600
<v Speaker 5>But this is the guy who carries around the nuclear

0:20:17.640 --> 0:20:20.960
<v Speaker 5>football for the world's largest nuclear arsenal. This is not

0:20:21.160 --> 0:20:24.760
<v Speaker 5>child's play, and we can pray for good health but

0:20:24.880 --> 0:20:27.240
<v Speaker 5>also recognize that if you're not in good enough health

0:20:27.240 --> 0:20:28.760
<v Speaker 5>to do the job, you shouldn't be doing the job.

0:20:29.119 --> 0:20:31.040
<v Speaker 1>I don't know that seems a little You're not gonna

0:20:31.080 --> 0:20:36.520
<v Speaker 1>run against Joe Biden again. So but I am interested.

0:20:37.560 --> 0:20:40.560
<v Speaker 1>I am interested in this angle of Oh.

0:20:41.119 --> 0:20:42.840
<v Speaker 2>Well, I'll read what Mark Halpern wrote.

0:20:42.960 --> 0:20:46.920
<v Speaker 1>Among other people that are saying this today, including Joe

0:20:46.960 --> 0:20:52.520
<v Speaker 1>Scarborough on Morning Joe, This Morning, Stelter on CNN, Mark

0:20:52.560 --> 0:20:55.639
<v Speaker 1>Halperin writing, if the intention was to make it if

0:20:55.680 --> 0:21:00.000
<v Speaker 1>the intention of this medical reveal was to make it less,

0:21:00.000 --> 0:21:02.480
<v Speaker 1>it's likely that the Bidens would be accused of lying,

0:21:02.520 --> 0:21:06.280
<v Speaker 1>engaging in a cover up built on falsehoods during the presidency. Well,

0:21:06.440 --> 0:21:09.080
<v Speaker 1>the impact maybe one hundred and eighty degrees of that,

0:21:09.600 --> 0:21:10.640
<v Speaker 1>he's suggesting.

0:21:11.960 --> 0:21:15.000
<v Speaker 2>It's completely a possibility.

0:21:16.440 --> 0:21:18.879
<v Speaker 1>That they let us know about the cancer now because

0:21:18.920 --> 0:21:20.800
<v Speaker 1>of these books that are coming out, because of the

0:21:20.920 --> 0:21:23.480
<v Speaker 1>Hurt report that came out on Friday, the actual audio.

0:21:23.920 --> 0:21:26.920
<v Speaker 1>That's a heck of an accusation. And it's coming out

0:21:26.960 --> 0:21:29.320
<v Speaker 1>of mainstream media.

0:21:29.880 --> 0:21:34.200
<v Speaker 2>Yeah, including even MSNBC, who are saying, essentially, wait a minute,

0:21:34.200 --> 0:21:37.320
<v Speaker 2>given the quality of medical care that the president gets,

0:21:38.440 --> 0:21:41.280
<v Speaker 2>only now at a very very late stage, he's become

0:21:41.320 --> 0:21:42.959
<v Speaker 2>aware that he has prostate cancer.

0:21:43.000 --> 0:21:44.920
<v Speaker 1>He's probably had this for ten years, according to the

0:21:44.960 --> 0:21:46.600
<v Speaker 1>doctor on Mourning Joe Today.

0:21:46.760 --> 0:21:50.080
<v Speaker 2>Right, Yeah, come on, it's just no, it's not so

0:21:51.240 --> 0:21:53.760
<v Speaker 2>it hadn't even occurred to me either that this was

0:21:53.800 --> 0:21:57.000
<v Speaker 2>some sort of bizarre misdirect. Look over here, look over here.

0:21:57.240 --> 0:22:00.600
<v Speaker 1>So people wouldn't be talking about how Biden and Jill

0:22:00.640 --> 0:22:04.000
<v Speaker 1>Biden and everybody around them knew how Seniley was and

0:22:04.119 --> 0:22:07.320
<v Speaker 1>still tried to trot him out for election twenty four.

0:22:07.440 --> 0:22:09.600
<v Speaker 2>They're just trying to distract. It's shameful.

0:22:09.760 --> 0:22:13.560
<v Speaker 1>Well, like I said, nobody's running against Joe Biden again.

0:22:13.600 --> 0:22:16.000
<v Speaker 1>So I don't know, is there a point in showing

0:22:16.080 --> 0:22:21.520
<v Speaker 1>how because I'm interested in the media. Thing that continues

0:22:21.560 --> 0:22:24.920
<v Speaker 1>to be at media and everybody who's still in politics

0:22:24.960 --> 0:22:27.040
<v Speaker 1>who is lying to us so agreed to Both of

0:22:27.040 --> 0:22:30.200
<v Speaker 1>those things are worth it. They just like talking about it.

0:22:30.240 --> 0:22:32.720
<v Speaker 1>I blame Joe Biden, Eh, how about all the people

0:22:32.720 --> 0:22:34.640
<v Speaker 1>around him and knew his brain didn't work? How about

0:22:34.680 --> 0:22:38.920
<v Speaker 1>the media? All that that still matters. But if the bidens,

0:22:39.920 --> 0:22:41.600
<v Speaker 1>and I think you mostly have to talk about Jill

0:22:41.640 --> 0:22:44.200
<v Speaker 1>because he can't blame Joe his brain doesn't work. If

0:22:44.240 --> 0:22:49.240
<v Speaker 1>the Biden's hung on to a cancer diagnosis until it

0:22:49.359 --> 0:22:53.000
<v Speaker 1>was most opportune for them, they are a whole other level,

0:22:53.040 --> 0:22:55.640
<v Speaker 1>even beyond what I thought of.

0:22:56.000 --> 0:22:59.520
<v Speaker 2>Just like I don't even know what you call that? Well,

0:22:59.560 --> 0:23:04.120
<v Speaker 2>europeing too charitable apparently, because they're capable of everything you thought,

0:23:04.160 --> 0:23:05.439
<v Speaker 2>and much more so.

0:23:05.560 --> 0:23:08.680
<v Speaker 1>On Friday, the day the HR tape finally comes out,

0:23:08.760 --> 0:23:10.920
<v Speaker 1>and they've probably been dreading this for a long time.

0:23:11.400 --> 0:23:13.920
<v Speaker 1>Jill and Hunter have been dreading this for a long time.

0:23:14.080 --> 0:23:17.280
<v Speaker 1>We played some earlier. It's exactly as it was described

0:23:17.600 --> 0:23:23.120
<v Speaker 1>years ago. A lost old man who would be very

0:23:23.119 --> 0:23:25.240
<v Speaker 1>sympathetic to a jury because he clearly has no idea

0:23:25.280 --> 0:23:28.840
<v Speaker 1>what he's talking about. They've probably been dreading this coming

0:23:28.880 --> 0:23:32.600
<v Speaker 1>out forever. The day it comes out Friday, Oh my god,

0:23:32.600 --> 0:23:34.960
<v Speaker 1>we got a cancer diagnosis for cancer that's been around

0:23:35.000 --> 0:23:38.679
<v Speaker 1>for ten years. We should all really remember cancer touches

0:23:38.720 --> 0:23:41.200
<v Speaker 1>every family. Blah blah blah what Joe Biden is saying

0:23:41.240 --> 0:23:44.680
<v Speaker 1>today and others, And it's time to stop talking about

0:23:44.720 --> 0:23:47.000
<v Speaker 1>the past and help this poor fellow.

0:23:47.040 --> 0:23:51.040
<v Speaker 2>Heel right, Yeah, yeah, the timing's ridiculous.

0:23:51.680 --> 0:23:55.399
<v Speaker 1>Wow, that is some serious Macavelian stuff.

0:23:56.359 --> 0:23:59.640
<v Speaker 2>Yeah, but again, if you contemplate doctor Jill in her

0:24:00.359 --> 0:24:06.840
<v Speaker 2>unhinged you know, power lust and inability to recognize reality,

0:24:07.080 --> 0:24:10.000
<v Speaker 2>or unless she wants to come out and say, yeah,

0:24:10.040 --> 0:24:11.639
<v Speaker 2>the plan was to get him to win the election,

0:24:12.359 --> 0:24:14.439
<v Speaker 2>and then we'd replace him with Kamala Harris.

0:24:14.600 --> 0:24:17.400
<v Speaker 1>I agree that Mark Alpern is saying that it's going

0:24:17.440 --> 0:24:20.480
<v Speaker 1>one hundred and eighty degrees. If within when did the

0:24:20.520 --> 0:24:23.200
<v Speaker 1>story break last night? I think it was last night

0:24:23.200 --> 0:24:24.760
<v Speaker 1>on my phone, I was getting the alert. Yeah, I

0:24:24.760 --> 0:24:30.320
<v Speaker 1>think so. If within a dozen hours Joe Scarborough and

0:24:30.359 --> 0:24:34.040
<v Speaker 1>that dude on CNN are both questioning the timing of this,

0:24:34.760 --> 0:24:35.720
<v Speaker 1>you're in trouble.

0:24:37.440 --> 0:24:40.920
<v Speaker 2>Well it's Joe Scarborough joining in. I mean, talk about

0:24:40.960 --> 0:24:43.560
<v Speaker 2>a rat fleeing a sinking ship. I mean he was

0:24:43.680 --> 0:24:46.439
<v Speaker 2>sailing the ship at least in terms of the media

0:24:46.520 --> 0:24:49.040
<v Speaker 2>covering up for the senility. So that's a little tough

0:24:49.040 --> 0:24:53.200
<v Speaker 2>to take. But yeah, it does absolutely indicate the fact

0:24:53.200 --> 0:24:55.200
<v Speaker 2>that everybody's saying the same thing.

0:24:56.359 --> 0:25:00.159
<v Speaker 1>Wow, this might be one of the ultimate backfires if

0:25:00.160 --> 0:25:03.080
<v Speaker 1>it goes the direction it looks like it's going. We're

0:25:03.080 --> 0:25:06.480
<v Speaker 1>in the early hours of this. Somebody gets some inside

0:25:06.520 --> 0:25:09.880
<v Speaker 1>reporting on how long he's known about this cancer diagnosis,

0:25:09.880 --> 0:25:13.760
<v Speaker 1>and it becomes completely evident that it was just you know,

0:25:13.960 --> 0:25:19.560
<v Speaker 1>a look over here story. WHOA, that's rock well right, yeah, absolutely,

0:25:19.640 --> 0:25:22.359
<v Speaker 1>but come on. The Brian Stelters of the world and

0:25:22.400 --> 0:25:26.600
<v Speaker 1>the Joe's Scarborough and the Jake's Tapper. There's got to

0:25:26.600 --> 0:25:29.040
<v Speaker 1>be an extra hot place in hell for them now

0:25:29.080 --> 0:25:30.080
<v Speaker 1>to be saying, look.

0:25:29.880 --> 0:25:30.879
<v Speaker 2>At this, I believe he.

0:25:32.880 --> 0:25:35.159
<v Speaker 1>Is seen Allen and this is just to cover it up,

0:25:35.160 --> 0:25:37.960
<v Speaker 1>and doctor Jill is crazy and the no, no, no,

0:25:37.960 --> 0:25:40.040
<v Speaker 1>no no, you are not welcome on our side.

0:25:40.280 --> 0:25:42.760
<v Speaker 6>Start your tape right now, because I'm about to tell

0:25:42.800 --> 0:25:46.040
<v Speaker 6>you the truth, and that few if you can't handle

0:25:46.080 --> 0:25:54.880
<v Speaker 6>the truth, this version of Biden, intellectually, analytically is the

0:25:54.920 --> 0:25:56.240
<v Speaker 6>best Biden ever.

0:25:57.080 --> 0:25:58.920
<v Speaker 2>We don't want you in our team. You're not welcome here.

0:25:59.040 --> 0:26:01.200
<v Speaker 1>That was after the Wall Street Journal story came out.

0:26:01.240 --> 0:26:04.280
<v Speaker 1>Who now Jake Tappercall's heroes, those reporters.

0:26:05.280 --> 0:26:06.560
<v Speaker 2>It's also hard to believe.

0:26:06.720 --> 0:26:10.040
<v Speaker 1>So your anger toward them, I perfectly get. But if

0:26:10.119 --> 0:26:15.160
<v Speaker 1>Joe Biden and Joe Biden are playing upon people's sympathies cancer,

0:26:15.280 --> 0:26:17.159
<v Speaker 1>oh my god, and all the death he's had in

0:26:17.160 --> 0:26:20.160
<v Speaker 1>his family, you talk about a special hot place in hell,

0:26:21.440 --> 0:26:26.480
<v Speaker 1>I mean that is not cool, shocking yet unsurprising.

0:26:27.800 --> 0:26:31.240
<v Speaker 2>They come on, come on, I sound like Joe Biden.

0:26:31.320 --> 0:26:36.880
<v Speaker 7>Come on, come on anyway anyway, Eh, this is this

0:26:36.960 --> 0:26:40.760
<v Speaker 7>is the Biden crime family, the family of Hunter Biden

0:26:41.720 --> 0:26:46.639
<v Speaker 7>with this Wang in his gun crack and his uncle

0:26:46.720 --> 0:26:50.400
<v Speaker 7>Jim and the prophets and plausible deniability, My dear boy,

0:26:50.560 --> 0:26:54.480
<v Speaker 7>plausible deniability is Wang in his gun and it's just

0:26:54.600 --> 0:26:58.960
<v Speaker 7>the whole package and running a senile guy for president, shouting.

0:26:58.560 --> 0:27:00.000
<v Speaker 2>You did it, yow you at you.

0:27:01.520 --> 0:27:08.280
<v Speaker 1>I mean, this is not surprising, this is completely in character.

0:27:08.680 --> 0:27:10.520
<v Speaker 1>You answered all the questions.

0:27:10.800 --> 0:27:14.080
<v Speaker 2>You did such a great job. You answered every question.

0:27:15.800 --> 0:27:21.920
<v Speaker 1>I realized there's an extra depth of depravity to trotting

0:27:21.920 --> 0:27:23.800
<v Speaker 1>out a cancer diagnosis as.

0:27:23.640 --> 0:27:25.520
<v Speaker 2>A you know, a shield.

0:27:25.920 --> 0:27:29.679
<v Speaker 1>But it's like finding out that the Diddy was rude

0:27:29.680 --> 0:27:37.000
<v Speaker 1>to a waitress. I mean, well, yes, sure, wow, And

0:27:37.040 --> 0:27:39.760
<v Speaker 1>you got to remember the reporting that they're broke. That's

0:27:39.800 --> 0:27:42.800
<v Speaker 1>what makes you desperate enough to do crazy stuff being broke.

0:27:43.840 --> 0:27:51.880
<v Speaker 2>Yes, yeah, yeah, what a cesspool? So being political cesspools,

0:27:52.000 --> 0:27:55.199
<v Speaker 2>I Joe am completely embittered by the political process. I

0:27:55.240 --> 0:27:57.560
<v Speaker 2>have abandoned the Republican Party. I'm going to try to

0:27:57.600 --> 0:28:01.000
<v Speaker 2>start a third party. I was trying to decide whether

0:28:01.080 --> 0:28:06.280
<v Speaker 2>to call them Angratarians us Angritarians, enough is enough ocrats

0:28:06.640 --> 0:28:11.159
<v Speaker 2>or f Yolikans, which seems to be the crowd favorite

0:28:12.000 --> 0:28:18.280
<v Speaker 2>shirt f yawlickans anyway, and I'll explain why and improve

0:28:18.440 --> 0:28:22.600
<v Speaker 2>my point next segment, and then something I'm really excited

0:28:22.600 --> 0:28:25.640
<v Speaker 2>about for our four. And you might not get our four,

0:28:25.680 --> 0:28:28.159
<v Speaker 2>that's fine, you can grab it later follow us wherever

0:28:28.200 --> 0:28:34.399
<v Speaker 2>you get podcasts Armstrong and Getty on demand. But Jack,

0:28:34.440 --> 0:28:41.240
<v Speaker 2>when we have through the years discussed becoming a cryptocurrency zillionaire, okay,

0:28:41.920 --> 0:28:45.880
<v Speaker 2>And the only way you can get access to your

0:28:45.960 --> 0:28:49.680
<v Speaker 2>account is with your fingerprint. And do you remember we

0:28:49.800 --> 0:28:54.520
<v Speaker 2>predicted what would start happening if bad people really wanted

0:28:54.560 --> 0:29:00.160
<v Speaker 2>your account. It's happening. Oh really, cryptocurrency.

0:29:00.000 --> 0:29:05.160
<v Speaker 1>The home run hitters are now running, hiding for their lives.

0:29:05.280 --> 0:29:08.560
<v Speaker 2>Keep your hands in your pockets. Yeah, i'd say, wow,

0:29:08.920 --> 0:29:12.360
<v Speaker 2>holy Yeah. So anyway, that crazy story hour four.

0:29:12.280 --> 0:29:14.800
<v Speaker 1>Okay, and probably a Diddy trial update too, So stick

0:29:14.800 --> 0:29:17.200
<v Speaker 1>around strong.

0:29:17.320 --> 0:29:20.440
<v Speaker 4>And the middle class is about the same as it

0:29:20.520 --> 0:29:23.360
<v Speaker 4>was seventy years ago. The one segment of our economy

0:29:23.360 --> 0:29:25.640
<v Speaker 4>that has grown is those making over one hundred thousand

0:29:25.680 --> 0:29:28.320
<v Speaker 4>dollars a year, and that has tripled, so most of

0:29:28.360 --> 0:29:30.560
<v Speaker 4>the middle class. If the middle class shrunk at all,

0:29:30.960 --> 0:29:33.640
<v Speaker 4>actually went to an upper class. If you say upper

0:29:33.680 --> 0:29:35.480
<v Speaker 4>class begins at one hundred thousand dollars.

0:29:35.720 --> 0:29:37.440
<v Speaker 2>So most of this is just fallacy.

0:29:37.960 --> 0:29:42.240
<v Speaker 4>We have gotten rich, rich, rich off of trade all Americans,

0:29:42.240 --> 0:29:44.720
<v Speaker 4>and it is lifting all boats, and we are richer

0:29:44.760 --> 0:29:47.600
<v Speaker 4>than we have ever been in any time in our history.

0:29:47.720 --> 0:29:50.080
<v Speaker 4>But it's not easy to convince people of that because

0:29:50.120 --> 0:29:52.920
<v Speaker 4>there are short term problems where you have inflation, like

0:29:53.000 --> 0:29:55.560
<v Speaker 4>during the last four years, where the middle class actually

0:29:55.560 --> 0:29:56.920
<v Speaker 4>did lose purchasing.

0:29:56.520 --> 0:29:57.680
<v Speaker 2>Power and did get poor.

0:29:58.240 --> 0:30:00.920
<v Speaker 1>Rand Paul yesterday talking about both about the Taraf war

0:30:01.040 --> 0:30:04.040
<v Speaker 1>and the big beautiful Bill that's going through. He's, of course,

0:30:04.960 --> 0:30:07.360
<v Speaker 1>as a Senator, not going to be a fan of

0:30:07.400 --> 0:30:08.680
<v Speaker 1>anything that increases the.

0:30:08.680 --> 0:30:13.400
<v Speaker 2>Debt, right right, So, and before we get to that,

0:30:13.520 --> 0:30:16.400
<v Speaker 2>just one final note on the Biden cancer thing. I

0:30:16.480 --> 0:30:19.520
<v Speaker 2>was just reading a well known cancer doctor saying it

0:30:19.600 --> 0:30:25.440
<v Speaker 2>is inconceivable that that diagnosis managed to go undetected for

0:30:25.480 --> 0:30:29.360
<v Speaker 2>so long, given his medical care and the state of medicine.

0:30:29.440 --> 0:30:33.080
<v Speaker 1>He said, it's impossible. So anyway, the other line, back

0:30:33.080 --> 0:30:34.400
<v Speaker 1>to the Big Beautiful Bill.

0:30:34.480 --> 0:30:37.560
<v Speaker 2>I have announced my departure not only from the Republican

0:30:37.600 --> 0:30:40.200
<v Speaker 2>Party but all politics. I've given up, thrown up my hands.

0:30:40.200 --> 0:30:43.120
<v Speaker 2>I will be moving to Uruguay or Paraguay. I can

0:30:43.200 --> 0:30:46.960
<v Speaker 2>never remember which one, y right, because I have forgotten. Yeah, well,

0:30:46.960 --> 0:30:50.200
<v Speaker 2>because I've given up. But I found this very very interesting.

0:30:50.720 --> 0:30:54.360
<v Speaker 2>Part of my despair is that the Republican Party has

0:30:54.480 --> 0:30:58.120
<v Speaker 2>abandoned any pretense at taming the budget, reducing the deficit,

0:30:58.240 --> 0:31:04.240
<v Speaker 2>reducing the debt in wildly out of control entitlement programs.

0:31:04.280 --> 0:31:07.720
<v Speaker 2>And so you know, I've got no home. I'm a

0:31:07.760 --> 0:31:11.200
<v Speaker 2>homeless man. I have no port in which to pull

0:31:11.240 --> 0:31:14.520
<v Speaker 2>my little boat to safety. But I found this really,

0:31:14.520 --> 0:31:16.959
<v Speaker 2>really interesting, and this is the reason why you know

0:31:17.000 --> 0:31:20.040
<v Speaker 2>you ought to be on my side. The Trump administration

0:31:20.120 --> 0:31:22.880
<v Speaker 2>recently promised that it will not cut Social Security, Medicare,

0:31:23.040 --> 0:31:27.000
<v Speaker 2>or Medicaid benefits. Now I'm going to quote Phil.

0:31:26.760 --> 0:31:29.920
<v Speaker 1>Graham, the great philgram Well I was quoting last week,

0:31:30.480 --> 0:31:37.400
<v Speaker 1>fiscal conservative slash sane guy of the past. Anyway, the

0:31:37.480 --> 0:31:43.920
<v Speaker 1>determination not to reform retirement benefit entitlements is politically understandable

0:31:44.400 --> 0:31:46.840
<v Speaker 1>third rail blah blah blah. But there is no reason

0:31:46.880 --> 0:31:50.960
<v Speaker 1>to include Medicaid, the nation's most abused welfare program, in

0:31:51.080 --> 0:31:55.000
<v Speaker 1>that pledge means tested welfare or welfare tied to a

0:31:55.040 --> 0:31:58.080
<v Speaker 1>person's income level. Or means is the main driver of

0:31:58.120 --> 0:32:01.880
<v Speaker 1>the budget deficit. It is not Social Security, which is

0:32:02.080 --> 0:32:06.200
<v Speaker 1>almost ninety percent self funded by its dedicated payroll taxes

0:32:06.520 --> 0:32:11.040
<v Speaker 1>ninety percent self funded, or Medicare, which is fifty percent

0:32:11.160 --> 0:32:17.680
<v Speaker 1>funded by premiums and payroll taxes. Spending on Medicaid IRS,

0:32:17.720 --> 0:32:23.320
<v Speaker 1>cash welfare payments, and supplemental the SNAP program food stamps

0:32:23.960 --> 0:32:28.160
<v Speaker 1>has grown in inflation adjusted dollars. Those three things.

0:32:28.320 --> 0:32:32.360
<v Speaker 2>Spending un Medicaid, cash welfare payments that are fundable tax credits,

0:32:32.360 --> 0:32:36.440
<v Speaker 2>and SNAP have grown inflation adjusted by six hundred and

0:32:36.480 --> 0:32:41.479
<v Speaker 2>seventy one percent, fourteen hundred and sixty three percent, and

0:32:41.720 --> 0:32:47.560
<v Speaker 2>two hundred and ninety percent, respectively since nineteen ninety. By contrast,

0:32:47.920 --> 0:32:51.600
<v Speaker 2>total real Medicare, social Security, and Defense expenditures have grown

0:32:51.760 --> 0:32:53.600
<v Speaker 2>by three hundred and eighty, three hundred and eighty six

0:32:53.640 --> 0:32:58.479
<v Speaker 2>percent and thirty eight percent respectively. Medicaid numbers, yeah, they

0:32:58.480 --> 0:33:03.400
<v Speaker 2>are actually meta dead absorbs seven times as much general

0:33:03.440 --> 0:33:08.920
<v Speaker 2>revenue as Social Security, more than Social Security and Medicare combined.

0:33:08.960 --> 0:33:09.760
<v Speaker 1>I did not know that.

0:33:10.640 --> 0:33:12.200
<v Speaker 2>I know nobody's talking about this.

0:33:12.280 --> 0:33:16.520
<v Speaker 1>Medicaid is this gigantic monstran's like Frankenstein If it was

0:33:16.560 --> 0:33:21.320
<v Speaker 1>the side of Godzilla, you know, just stomping across the countryside,

0:33:21.360 --> 0:33:22.680
<v Speaker 1>crushing entire villages.

0:33:22.760 --> 0:33:23.680
<v Speaker 2>So when we talk.

0:33:23.520 --> 0:33:28.680
<v Speaker 1>About people, you know, able bodied people leeching off us taxpayers,

0:33:29.080 --> 0:33:30.959
<v Speaker 1>this is the program where they're doing a lot of it.

0:33:31.560 --> 0:33:36.320
<v Speaker 2>Correct, yeah, correct, And it has to do and you know,

0:33:36.520 --> 0:33:38.160
<v Speaker 2>part of me wishes we had time. Part of me

0:33:38.320 --> 0:33:45.240
<v Speaker 2>is glad that we don't to explain the bizarre states

0:33:45.280 --> 0:33:51.000
<v Speaker 2>intentionally tax hospitals and doctors so then they can spend more.

0:33:51.360 --> 0:33:54.560
<v Speaker 2>Then they can build the federal government more for Medicaid.

0:33:54.600 --> 0:33:57.480
<v Speaker 2>Then the federal government gives them more money for Medicaid,

0:33:57.680 --> 0:34:02.320
<v Speaker 2>which they didn't give back to the doctors and hospitals.

0:34:01.760 --> 0:34:06.720
<v Speaker 1>And that stupid, stupid federal taxpayer pays for all of it.

0:34:06.720 --> 0:34:10.759
<v Speaker 1>It's just this giant scam slash scheme. We actually have

0:34:10.840 --> 0:34:13.680
<v Speaker 1>the great Craig gottwals On tomorrow to probably explain some

0:34:13.760 --> 0:34:13.960
<v Speaker 1>of this.

0:34:14.320 --> 0:34:16.200
<v Speaker 2>Oh yeah he did. Yeah, he's a perfect guy to

0:34:16.200 --> 0:34:17.759
<v Speaker 2>ask about this. But it all has to do with

0:34:17.800 --> 0:34:20.880
<v Speaker 2>Obamacare and the Medicaid expansion. Do you remember that?

0:34:21.080 --> 0:34:23.200
<v Speaker 1>And a lot of red states said no, we don't

0:34:23.239 --> 0:34:24.479
<v Speaker 1>want this money, and they were.

0:34:24.360 --> 0:34:27.840
<v Speaker 2>Criticized, how dare you deny medical care to pay, and

0:34:27.880 --> 0:34:31.239
<v Speaker 2>the Blue States accepted it well. Now, as has been

0:34:31.320 --> 0:34:35.360
<v Speaker 2>discussed at least somewhat lately, federal taxpayers pay for ninety

0:34:35.400 --> 0:34:39.640
<v Speaker 2>percent of the bills of healthy, working age men who

0:34:39.640 --> 0:34:43.319
<v Speaker 2>get medicaid, poor pregnant ladies get I think it's a third.

0:34:44.200 --> 0:34:48.160
<v Speaker 2>It's so perverse and upside down. One final point, and

0:34:48.200 --> 0:34:51.160
<v Speaker 2>this is actually the main point of Phil Graham's article,

0:34:51.160 --> 0:34:57.239
<v Speaker 2>which I found really interesting. The title is the Census

0:34:57.239 --> 0:35:00.880
<v Speaker 2>defines the poverty rate up and fact. This is something

0:35:00.960 --> 0:35:08.000
<v Speaker 2>you have hit many times through the years. But during

0:35:08.000 --> 0:35:10.479
<v Speaker 2>the War on Poverty, the government adopted a common sense

0:35:10.520 --> 0:35:13.560
<v Speaker 2>definition of poverty having resources that are not enough to

0:35:13.600 --> 0:35:17.480
<v Speaker 2>meet basic needs. The problem is they didn't scale a

0:35:17.480 --> 0:35:20.040
<v Speaker 2>lot of this to inflation. Some of it they did,

0:35:20.640 --> 0:35:27.080
<v Speaker 2>but they've begun not counting government transfers. Eighty eight percent

0:35:27.239 --> 0:35:31.000
<v Speaker 2>of government transfers that poor quote unquote poor people get

0:35:31.400 --> 0:35:34.440
<v Speaker 2>are not counted. When you ask, all, right, is this

0:35:34.520 --> 0:35:37.880
<v Speaker 2>person poor? Do they need more stuff, more aid? That

0:35:37.960 --> 0:35:40.000
<v Speaker 2>sort of thing, they pretend that all the rest of

0:35:40.040 --> 0:35:42.000
<v Speaker 2>the government aid hadn't happened.

0:35:42.160 --> 0:35:44.919
<v Speaker 1>Right, So, if you're living on using my finger quotes

0:35:44.960 --> 0:35:48.680
<v Speaker 1>living on twenty eight thousand dollars a year. Somehow they

0:35:48.719 --> 0:35:51.800
<v Speaker 1>only count that for political purposes. When they're making arguments,

0:35:51.800 --> 0:35:54.320
<v Speaker 1>they don't count They maybe another eighty thousand dollars you

0:35:54.400 --> 0:35:56.200
<v Speaker 1>might be getting in all kinds of transfer payments, all

0:35:56.280 --> 0:35:59.560
<v Speaker 1>kinds of different stuff, housing subsidies, food help, medical help,

0:35:59.600 --> 0:36:01.680
<v Speaker 1>all kinds of stuff doesn't count and.

0:36:01.680 --> 0:36:03.000
<v Speaker 2>Adjusted for inflation.

0:36:03.200 --> 0:36:08.560
<v Speaker 1>Now those classified as poor have almost twenty times the

0:36:08.640 --> 0:36:11.880
<v Speaker 1>purchasing power they had when the War on Poverty began,

0:36:12.560 --> 0:36:16.120
<v Speaker 1>yet they're still called poor people for the purposes of

0:36:16.160 --> 0:36:18.560
<v Speaker 1>growing these programs. Yeah, we have talked about this perio

0:36:18.600 --> 0:36:20.600
<v Speaker 1>is that needs to be straightened out. That would be

0:36:20.640 --> 0:36:23.239
<v Speaker 1>a huge change in our politics. We could let more

0:36:23.280 --> 0:36:25.000
<v Speaker 1>people know that. If you missed a segment in the

0:36:25.000 --> 0:36:27.680
<v Speaker 1>podcast Armstrong and Getty