WEBVTT - "Underpants" Seems So Old Timey 0:00:01.840 --> 0:00:06.120 Broadcasting live from the Abraham Lincoln Radio Studio, the George 0:00:06.200 --> 0:00:10.720 Washington Broadcast Center, Jack Armstrong and Joe Getty arm Strong 0:00:10.800 --> 0:00:17.640 and Jetty enough he Armstrong and Yetty. 0:00:23.040 --> 0:00:23.239 Well. 0:00:23.280 --> 0:00:27.120 I thought that people were jumping a little bit out 0:00:27.120 --> 0:00:27.520 of line. 0:00:27.560 --> 0:00:30.240 They were getting yippie, you know, they were getting a 0:00:30.280 --> 0:00:33.880 little bit yippy, a little bit afraid, unlike these champions, 0:00:34.640 --> 0:00:36.040 because we have a big job to do. 0:00:36.159 --> 0:00:38.159 No other president would have done what I did. No 0:00:38.280 --> 0:00:40.559 other president I know the presidents, they wouldn't have done it, 0:00:41.120 --> 0:00:42.040 and it had to be done. 0:00:42.640 --> 0:00:45.040 I think we have a really big problem, which was 0:00:45.320 --> 0:00:48.440 we have two strong guys, neither of which wants to 0:00:48.440 --> 0:00:50.559 back down. And I was in China a couple of 0:00:50.560 --> 0:00:53.599 weeks ago, and the Chinese have been preparing for this 0:00:53.720 --> 0:00:57.000 for years. They may not have expected quite the scale 0:00:57.040 --> 0:00:59.160 and speed with which this has become a full on 0:00:59.240 --> 0:01:01.840 trade war with one hundred and twenty five percent times, 0:01:02.120 --> 0:01:03.880 but they are ready for this, and they are in 0:01:04.000 --> 0:01:07.000 no mood right now to back down and both so 0:01:07.200 --> 0:01:11.920 practically it's very very difficult Fijijinping to lose face. That's 0:01:12.000 --> 0:01:14.480 it's he cannot lose face. So for the moment, I 0:01:14.520 --> 0:01:17.040 think quite how they unwind this becomes hard. 0:01:18.920 --> 0:01:21.360 That is really interesting. I you know, I hadn't even 0:01:21.400 --> 0:01:25.679 thought of the Chinese perspective, So they knew at some 0:01:25.880 --> 0:01:27.679 point America was going to have to do this. 0:01:28.040 --> 0:01:30.679 Yeah, of course and over again. Of course they do. 0:01:30.760 --> 0:01:34.759 It's so common to, you know, only think about your 0:01:34.880 --> 0:01:38.040 side of the equation and not the fact that China knows. 0:01:38.240 --> 0:01:40.840 Of course we're going to decouple from the United States. 0:01:42.160 --> 0:01:44.319 We have They're going to have to decouple from us. 0:01:44.480 --> 0:01:46.920 It's part of our whole taking over the world, and 0:01:46.959 --> 0:01:48.640 you know we have a plan for that. Of course 0:01:48.680 --> 0:01:50.920 they do. It's not like I'm surprised to them. So 0:01:51.040 --> 0:01:52.280 the the US is fat. 0:01:52.120 --> 0:01:55.040 And lazy, but we're not stupid, and just just very quickly. 0:01:55.080 --> 0:01:57.200 The reason I paired those two pieces of audio together 0:01:57.320 --> 0:01:59.640 was to point out that you have the rest of 0:01:59.680 --> 0:02:02.320 the world world. We got our ninety day pause, they're 0:02:02.320 --> 0:02:05.120 going to be negotiations. Everybody breathes a sigh relief, the 0:02:05.160 --> 0:02:09.120 market skyrocket temporarily, and then you've got China, and we're 0:02:09.120 --> 0:02:10.480 going to talk about China this segment. 0:02:10.520 --> 0:02:15.799 So China's eighty four percent tariff on US goes intoffect 0:02:15.800 --> 0:02:19.880 today as Trump's one hundred and twenty five percent tariff 0:02:20.200 --> 0:02:22.800 goes on effect in effect on them. But as that 0:02:22.840 --> 0:02:25.880 person just said, they knew this was coming someday. It's 0:02:25.880 --> 0:02:29.000 not a shock to them. It's interesting. 0:02:30.280 --> 0:02:34.440 So you have multiple layers of gristle in this one 0:02:34.600 --> 0:02:38.040 as we try to chew it. Unnecessary, really, and I 0:02:38.160 --> 0:02:40.079 think ye for them, But I would rather be the 0:02:40.160 --> 0:02:43.080 United States than China ultimately in a whole bunch of 0:02:43.080 --> 0:02:46.119 different ways. But you know, just on the face of 0:02:46.480 --> 0:02:48.919 a lot of this, China's got to be thinking, yeah, 0:02:48.960 --> 0:02:51.239 I'm sure glad we don't make all all of our 0:02:51.480 --> 0:02:55.120 drugs in the United States, or all of our electronics, 0:02:55.400 --> 0:02:57.440 or all of our a whole bunch of different things 0:02:57.720 --> 0:03:02.400 in the country we're about to be at war with, right, So, 0:03:02.919 --> 0:03:05.160 like I was saying, you have multiple layers going on here. 0:03:05.520 --> 0:03:08.639 First of all, the ridiculous and idiotic trade imbalance between 0:03:08.639 --> 0:03:12.519 the countries based on protectionism and flooding the market with 0:03:12.600 --> 0:03:14.640 cheap Chinese goods and that sort of thing, the whole 0:03:14.720 --> 0:03:20.240 misguided relationship with China. If we let them liberalize economically, 0:03:20.360 --> 0:03:23.120 they'll become our buddies. Yeah, no, they never intended to. 0:03:23.360 --> 0:03:25.840 We all know that stuff. Then you got two really 0:03:25.919 --> 0:03:29.600 tough guys, Chesi and Ping, who rules with an iron fist. 0:03:29.800 --> 0:03:32.239 And if you're an iron fisted ruler, rule number one 0:03:32.320 --> 0:03:35.120 is don't back down ever unless you can claim it 0:03:35.160 --> 0:03:37.760 was your idea and it was a victory. And Trump 0:03:37.840 --> 0:03:40.960 is making it very difficult for Xijian Ping to back down. 0:03:41.040 --> 0:03:43.040 I'm not saying that's a bad thing. It just it is. 0:03:44.680 --> 0:03:48.960 And Trump, on the other hand, having frankly back down 0:03:49.240 --> 0:03:51.600 on the rest of the world tariff stuff, or at 0:03:51.680 --> 0:03:53.840 least changed his sales. I think it ends up in 0:03:53.880 --> 0:03:56.960 a pretty good place. But he definitely had to change 0:03:57.000 --> 0:03:59.880 because everybody was getting yippie. We talked an hour two 0:04:00.200 --> 0:04:03.320 was it or our one about the bond market? I 0:04:03.360 --> 0:04:06.960 guess it was our one. How everybody who buys US 0:04:07.040 --> 0:04:10.040 bonds and invests in the US started to send signals 0:04:10.120 --> 0:04:12.520 via the bond market that maybe the US isn't such 0:04:12.520 --> 0:04:16.960 a great place anymore, and it got everybody's attention in 0:04:17.000 --> 0:04:19.279 a way that's a little difficult to explain. Maybe we'll 0:04:19.360 --> 0:04:21.840 reset it later in the show. But anyway, so Trump 0:04:21.920 --> 0:04:25.359 absolutely adjusted his sales, and so he really needs to 0:04:26.720 --> 0:04:31.080 look tough against China. I mean there are great underlying 0:04:31.120 --> 0:04:33.680 reasons to look tough on China anyway and be tough 0:04:33.720 --> 0:04:35.960 on China, But for his own self image and his 0:04:36.000 --> 0:04:38.559 image politically, he doesn't want to back down to Winnie 0:04:38.600 --> 0:04:42.800 the Pooh. So this one will not unravel quickly or easily. 0:04:42.839 --> 0:04:44.719 I don't think. No. 0:04:45.040 --> 0:04:47.279 So all of this stuff that we were talking about 0:04:47.360 --> 0:04:52.479 yesterday is still a fact. The shelves in Walmart full 0:04:52.520 --> 0:04:56.719 of Chinese products, Amazon just full of Chinese products. 0:04:57.800 --> 0:05:00.960 And how long does this last? And soon do we 0:05:01.160 --> 0:05:01.640 notice it? 0:05:03.880 --> 0:05:05.919 Remember what inflation was like and you go to the 0:05:05.920 --> 0:05:09.000 grocery store, whatever you do, and you'd be shocked every 0:05:09.000 --> 0:05:12.679 time you got the bill. How soon do we notice 0:05:12.720 --> 0:05:18.039 that sort of thing? I wonder in weeks? And then 0:05:18.080 --> 0:05:21.880 how does the working class America, which is the base 0:05:21.920 --> 0:05:25.239 of the MAGA movement react to that is the reaction. 0:05:25.400 --> 0:05:26.960 I knew it was going to cost more, but it's 0:05:27.240 --> 0:05:32.240 it's good for the long term. Or does Trump's pull 0:05:32.279 --> 0:05:33.760 numbers go in the toilet immediately? 0:05:34.480 --> 0:05:36.720 Yeah? Well, anybody who's gotten a little older in life 0:05:36.839 --> 0:05:42.400 understands that sometimes the things you have to do are painful, comfortable. Yeah, 0:05:42.440 --> 0:05:46.760 most of the things you have to do are painful. Yeah. Yeah, 0:05:46.800 --> 0:05:50.880 And here's here's the reality. Because the long term prospect 0:05:50.920 --> 0:05:53.960 of like going back to manufacturing our own underpants and 0:05:54.000 --> 0:05:57.400 T shirts in this country, it's conceivable, but it would 0:05:57.440 --> 0:05:59.080 make them much more expensive than it would take a 0:05:59.080 --> 0:06:01.800 while to gear up and do that. It's funny to 0:06:02.000 --> 0:06:06.960 use the term underpants as opposed to what underwear underwear. Yeah, 0:06:07.120 --> 0:06:10.440 just underpants. It seems so old timey. That's part of 0:06:10.440 --> 0:06:14.919 my charm anyway. So the prices on a lot of 0:06:14.960 --> 0:06:18.960 things that people do tend to buy fairly frequently are 0:06:19.040 --> 0:06:21.479 going to go up, at least in the short term. 0:06:21.600 --> 0:06:23.360 And one of the reasons that's going to be painful 0:06:23.920 --> 0:06:27.320 is a according to every economic survey I've seen, people 0:06:27.320 --> 0:06:29.239 are already kind of at the end of their rope 0:06:29.760 --> 0:06:34.040 financially because of the past inflation. That's interesting, so orrowing 0:06:34.120 --> 0:06:36.640 credit card balances, the rest of it. I was about 0:06:36.680 --> 0:06:38.359 to say, as soon as people catch wind to this, 0:06:38.480 --> 0:06:41.240 and some people already have, you're going to buy your 0:06:41.360 --> 0:06:46.200 underpants or your cheap electronics or whatever. Now, which is 0:06:46.200 --> 0:06:47.680 what bloomers your braziers? 0:06:47.800 --> 0:06:51.880 Yes, which here, of course it's which is what drives inflation, 0:06:52.240 --> 0:06:54.640 is the fear of inflation. I mean, it helps drive it, 0:06:54.839 --> 0:06:56.640 so everybody's going out buying it and then it just 0:06:56.720 --> 0:07:00.680 keeps going and going. But maybe that won't happen if 0:07:00.680 --> 0:07:02.599 everybody's maxed out their credit cards. You're just thinking, you 0:07:02.600 --> 0:07:07.039 know what, I'm gonna have to wear holy underpants exactly. 0:07:07.160 --> 0:07:09.080 Yeah, I don't know. And the other aspect of it, 0:07:09.120 --> 0:07:12.160 that's interesting. And again this is absolutely not an argument 0:07:12.240 --> 0:07:15.760 against doing it or an argument about the way Trump's 0:07:15.800 --> 0:07:18.400 doing it, because we all knew something like this had 0:07:18.520 --> 0:07:23.240 to come. As Jack was just describing China. Knew is 0:07:23.240 --> 0:07:26.280 that there are so many Americans who are employed in retail, 0:07:26.600 --> 0:07:30.160 in trucking, in you know, the various handling of the 0:07:30.160 --> 0:07:34.160 goods that come from China, or build stuff with parts 0:07:34.200 --> 0:07:37.880 that come from China. It's gonna hurt sectors of the 0:07:38.000 --> 0:07:42.440 American economy where they're working. People work, So that's going 0:07:42.480 --> 0:07:45.480 to be kind of difficult to work through. Not kind 0:07:45.520 --> 0:07:47.480 of it's going to be difficult to work through, depending 0:07:47.520 --> 0:07:49.760 on how this goes, of course, but man, it is 0:07:49.840 --> 0:07:55.120 so layered and one sector and one you know aspect 0:07:55.200 --> 0:07:57.280 of this is interwoven with the other ones in a 0:07:57.320 --> 0:08:00.440 way that I mean, it would take forever to describe it, 0:08:00.480 --> 0:08:02.680 even if I had the knowledge to nobody can. That's 0:08:02.720 --> 0:08:05.560 the point of a free market. It does itself, you 0:08:05.600 --> 0:08:07.960 don't need to guide it. But well, so, what were 0:08:07.960 --> 0:08:09.480 you ben get ripped off for a long time? What 0:08:09.520 --> 0:08:13.400 were the tariffs on China a week ago? Below fifties? 0:08:13.440 --> 0:08:15.480 So it's like, yeah, it's gonna. 0:08:15.280 --> 0:08:19.120 Be about two and a half times the tariff on 0:08:19.200 --> 0:08:21.040 all Chinese goods coming into this country. 0:08:21.080 --> 0:08:23.760 I think we're gonna notice that hard and fast, for 0:08:23.880 --> 0:08:28.080 better or worse. So with the new US tariffs making 0:08:28.160 --> 0:08:30.760 the American market all but closed to Chinese products, even 0:08:31.000 --> 0:08:32.880 this is from the Wall Street Journal, even more Chinese 0:08:32.920 --> 0:08:35.680 goods will be rerouted to countries in Europe and Asia, 0:08:35.920 --> 0:08:38.640 where leaders are already concerned about a flood of Chinese 0:08:38.679 --> 0:08:41.839 products that have jeopardized jobs, which leads me to clicking 0:08:41.920 --> 0:08:44.839 over to this piece, also in the Journal, the rest 0:08:44.880 --> 0:08:47.280 of the world is bracing for a flood of cheap 0:08:47.400 --> 0:08:52.920 Chinese goods. Wow, so China sold a hell of a 0:08:52.920 --> 0:08:57.080 lot of stuff to us. Sure, and it's funny. This 0:08:57.160 --> 0:08:59.080 was written a couple of days ago when it was 0:08:59.160 --> 0:09:02.120 tariffs for around seventy percent A lot of it crappy, 0:09:02.200 --> 0:09:05.920 but a lot of it not Nikes aren't crappy. No, 0:09:06.080 --> 0:09:08.080 and a lot of it was good enough. We've talked 0:09:08.520 --> 0:09:12.520 for years about this experiment going on. If we gave 0:09:12.559 --> 0:09:18.000 you something that was a third less good but costs 0:09:18.160 --> 0:09:20.520 forty percent less, would you buy it, knowing you have 0:09:20.559 --> 0:09:23.880 to replace it sooner? And Americans have answered yes, absolutely, 0:09:24.280 --> 0:09:26.839 over and over again on cheap Chinese junk. 0:09:26.920 --> 0:09:30.800 I was watching a guy at a shoe store sells 0:09:31.320 --> 0:09:37.800 gymnasium shoes, and he said, this pair of and I 0:09:37.840 --> 0:09:39.720 don't remember what he was holding up. It wasn't Nike's. 0:09:39.720 --> 0:09:41.600 It was one of the other brands. And I don't 0:09:41.600 --> 0:09:44.120 know which ones are made Ware, but AAIs or Adidas 0:09:44.200 --> 0:09:46.439 or whatever they were, and he said, these are I'm 0:09:46.440 --> 0:09:48.560 already have already marked him up from one eighty to 0:09:48.600 --> 0:09:50.480 two hundred, and I might have to go up higher 0:09:50.640 --> 0:09:53.800 already and prepare for now. You know, the media's going 0:09:53.840 --> 0:09:55.880 out of their way to find people that are doing that, 0:09:55.920 --> 0:09:59.000 to present this as scary and as bad for Trump 0:09:59.040 --> 0:10:01.839 as you can. But I wonder what that will be. 0:10:01.920 --> 0:10:05.320 What will appair of Nike shoes cost next week or 0:10:05.360 --> 0:10:09.560 next month, and when people still want to buy them. 0:10:09.720 --> 0:10:11.960 Of course, the idea is that you don't, right, isn't 0:10:12.000 --> 0:10:13.640 that the whole point of what Trump wants to do. 0:10:13.880 --> 0:10:16.400 As you won't buy the Nike shoes at that price, 0:10:16.720 --> 0:10:19.599 You'll buy some shoes that were made somewhere else or 0:10:19.640 --> 0:10:22.080 in the United States, and Nike will be forced to 0:10:22.240 --> 0:10:23.199 move their factory. 0:10:23.760 --> 0:10:27.040 Yeah, ultimately indom the United States if you believe the 0:10:27.120 --> 0:10:30.520 first argument that this is permanent, or you know, somebody 0:10:30.520 --> 0:10:32.440 other than China, if you believe what I believe. This 0:10:32.559 --> 0:10:35.320 is all mostly posturing to get better trade deals. But 0:10:36.000 --> 0:10:37.959 so the rest of the world is not going to 0:10:38.040 --> 0:10:40.600 love this either. Now. I don't particularly give a crap 0:10:40.640 --> 0:10:46.240 how shoe stores in London are doing. But the towering 0:10:46.400 --> 0:10:50.760 tariff wall also risks diverting some US bound Chinese exports 0:10:50.760 --> 0:10:53.720 into a global market already swimming in China made goods, 0:10:53.960 --> 0:10:57.559 orsening what is called a China shock that was already 0:10:57.600 --> 0:11:00.240 facing pushback from countries around the world according to other 0:11:00.720 --> 0:11:04.280 According to economists, other major exporters like Vietnam, South Korea, 0:11:04.400 --> 0:11:08.040 Japan could also see barriers grow as US spending on 0:11:08.040 --> 0:11:10.800 import falls in general. But so China's got to sell 0:11:10.840 --> 0:11:13.680 their cheap craps somewhere, and so they're going to cause 0:11:13.840 --> 0:11:17.800 just enormous economic shocks wherever they find they can dump 0:11:17.840 --> 0:11:18.520 their goods. 0:11:18.720 --> 0:11:20.240 Is there going to be a black market? Are people 0:11:20.280 --> 0:11:22.240 going to be driving into Canada to buy Nikes? 0:11:23.400 --> 0:11:26.880 I have no idea. That's an interesting question, But I'm 0:11:26.920 --> 0:11:32.040 thinking more geopolitically, Jack, and I wonder whether more and 0:11:32.120 --> 0:11:34.439 more countries and more and more peoples wake up to 0:11:34.480 --> 0:11:39.120 the fact that if you're in bed with China, it's 0:11:39.120 --> 0:11:44.440 for China's benefit. Don't believe don't trust China? Right China? 0:11:44.800 --> 0:11:46.600 What do we have to tip you to play these 0:11:46.640 --> 0:11:49.600 sounds now? Or what? And why am I yelling at MICHAELA. 0:11:49.640 --> 0:11:54.000 I know it's the stress Jack from the tariffs, But anyway, 0:11:54.080 --> 0:11:58.040 will this alert more and more countries around the world? Okay, 0:11:58.080 --> 0:12:01.320 Trump's a little mercurial, but is just predatory. 0:12:01.840 --> 0:12:03.880 I don't know if you're smart to know where this 0:12:04.000 --> 0:12:06.440 is going or have an idea. Textas four one, five, 0:12:06.480 --> 0:12:08.360 two nine five KFTC. 0:12:09.640 --> 0:12:14.800 Shot the stunning volume of explicit images investigators say they've 0:12:14.840 --> 0:12:18.000 seed from former University of Michigan coach Matt Weiss, the 0:12:18.200 --> 0:12:22.040 Justice Department, emailing thousands of victims telling them. Wis gained 0:12:22.120 --> 0:12:26.319 unauthorized access to their email, social media, and cloud storage 0:12:26.320 --> 0:12:30.679 accounts and stole thousands of intimate photographs and videos. The 0:12:30.679 --> 0:12:33.560 indictment says Weiss hacked into a third party vendor that 0:12:33.720 --> 0:12:37.000 maintains student databases for more than one hundred colleges and 0:12:37.120 --> 0:12:40.800 universities across the country, and even crack the encryption protecting 0:12:40.800 --> 0:12:44.000 the passwords simply by doing research online. 0:12:44.080 --> 0:12:50.280 What a weirdo so dedicated to the kink of being 0:12:50.320 --> 0:12:57.800 able to see, like really not that sexy pictures of people, 0:12:57.920 --> 0:13:00.680 but because you know them or you have the power 0:13:00.720 --> 0:13:02.439 to see stuff you're not supposed to see. I guess 0:13:02.480 --> 0:13:05.720 exactly that's the payoff for you. Because there's plenty of 0:13:06.040 --> 0:13:08.679 pictures of naked women online. You can see anything you want, 0:13:08.679 --> 0:13:10.800 doing anything you want if you want that. But the 0:13:10.840 --> 0:13:15.240 fact that this girl is at your college, even though 0:13:15.240 --> 0:13:17.680 it's like a blurry picture from across across the locker 0:13:17.760 --> 0:13:18.640 room or something, it's. 0:13:18.520 --> 0:13:22.000 Bad then it might be, but extremely explicit, it's that, 0:13:22.800 --> 0:13:25.360 and it's one hundred different universities whatever. It's just it 0:13:25.440 --> 0:13:27.679 was somebody who did not want to share that with me, 0:13:27.760 --> 0:13:29.679 and I get to see it. Yeah, that's weird. And 0:13:29.920 --> 0:13:34.520 you're that dedicated and that knowledgeable and skillful right in 0:13:34.559 --> 0:13:38.160 the arts of computer hackery, and that's your goal. Yeah, 0:13:38.200 --> 0:13:38.640 no kidding. 0:13:38.679 --> 0:13:41.000 If you've got that kind of hacking ability and you're 0:13:41.040 --> 0:13:44.360 willing to commit crimes, there's a lot of really lucrative 0:13:44.360 --> 0:13:45.120 things you could do. 0:13:45.240 --> 0:13:48.040 Yeah, do something respectable like him doting people's bank accounts. 0:13:48.080 --> 0:13:49.040 All right, yes, Katie. 0:13:49.840 --> 0:13:52.559 Well, and that was one of the big things that 0:13:52.679 --> 0:13:54.520 they came out with yesterday was the fact that he 0:13:54.640 --> 0:13:57.680 didn't have big computer skills. He figured all of this 0:13:57.760 --> 0:13:59.720 out just by doing simple searches online. 0:14:00.120 --> 0:14:02.360 He figured out how to do it. Really, that's tabling, 0:14:03.120 --> 0:14:09.840 so college encryption services, what are their algorithms there? It is? Okay, 0:14:09.880 --> 0:14:12.640 I'll type that in. That's the Wait a minute, really. 0:14:12.760 --> 0:14:14.640 Yeah, that was what they were saying, is that he's 0:14:14.679 --> 0:14:17.440 not some computer genius. He was just searching online how 0:14:17.440 --> 0:14:19.400 to figure out to get into these files, and he 0:14:19.440 --> 0:14:20.120 was able to do it. 0:14:20.360 --> 0:14:23.880 That's the most interesting part of the whole story. I'm 0:14:23.920 --> 0:14:27.400 not sure I've ever been dedicated to anything except perhaps 0:14:27.440 --> 0:14:30.320 being a father, the way this guy was dedicated to 0:14:30.360 --> 0:14:36.160 looking at pictures of unclothed women. Yeah, weird. Lord, They're 0:14:36.200 --> 0:14:37.880 inventing a new kind of crazy every day. 0:14:38.600 --> 0:14:41.120 So I was at the DMV for a couple hours yesterday. 0:14:41.120 --> 0:14:42.400 I was tweeting about it a lot, got a lot 0:14:42.400 --> 0:14:44.400 of responses, some of them I thought were interesting in 0:14:44.440 --> 0:14:49.040 a variety of ways, including this one, because I asked, like, 0:14:49.520 --> 0:14:51.320 why are there no normal people DMV? 0:14:52.440 --> 0:14:56.360 At least my experience seemed to be life's losers. 0:14:56.520 --> 0:14:59.400 My whole life, I've thought that, like this first time 0:14:59.440 --> 0:15:01.920 I went to the It's like, there are no normal people here, 0:15:02.080 --> 0:15:03.920 like the how many people here. 0:15:03.800 --> 0:15:07.080 Have a job? Folks? I found that screen off putting 0:15:07.120 --> 0:15:08.560 in the elitist. 0:15:08.640 --> 0:15:11.040 Honest answer, the DMV is like a real life filter 0:15:11.200 --> 0:15:14.240 that squeezes out every ounce of human dignity. It's where 0:15:14.280 --> 0:15:17.120 time goes to die and ambition takes a smoke break, 0:15:17.480 --> 0:15:21.480 dent and cars dead stairs and crushed dreams. It's basically 0:15:21.520 --> 0:15:25.520 the lobby of government efficiency. But hey, maybe that is 0:15:25.560 --> 0:15:27.440 the secret. The winners don't wait in line, they get 0:15:27.440 --> 0:15:31.160 private plates, personal assistants, or just skip registration like half 0:15:31.200 --> 0:15:32.040 of Congress does. 0:15:32.200 --> 0:15:33.960 Like I've heard those stories years after years. They just 0:15:33.960 --> 0:15:36.280 don't register the cars and stuff like that because nothing's 0:15:36.280 --> 0:15:39.080 going to happen to them. I thought that was pretty good. 0:15:39.120 --> 0:15:41.440 It's where time goes to die and ambition takes a 0:15:41.480 --> 0:15:42.200 smoke break. 0:15:42.680 --> 0:15:43.600 That's some good writing. 0:15:43.640 --> 0:15:47.600 Well doneh I moved to North Idaho in twenty three. 0:15:47.680 --> 0:15:50.080 If you want to know the difference between California and Idaho, 0:15:50.160 --> 0:15:52.440 just go to the DMV. You get right in even 0:15:52.480 --> 0:15:55.280 without an appointment. People are genuinely helpful and friendly. It's 0:15:55.320 --> 0:15:59.320 a fraction of the cost. It's a delight Yeah, there 0:15:59.320 --> 0:16:00.280 are so many. 0:16:00.040 --> 0:16:02.800 Examples of this, because we've gotten emails from folks who 0:16:02.800 --> 0:16:05.520 have like a delightful DMV in their corner of California, 0:16:05.560 --> 0:16:11.360 for instance, whereas Jack's not so much population. Density changes 0:16:11.480 --> 0:16:14.880 human beings. It changes how many rules and regulations and 0:16:14.960 --> 0:16:18.120 laws they want. That's why cities are always blue. They 0:16:18.120 --> 0:16:20.720 want lots and lots of rules, they want democrats in charge. 0:16:21.040 --> 0:16:23.880 Rural areas northern Idaho not so much. And it extends 0:16:23.960 --> 0:16:25.080 how nice people are. 0:16:25.840 --> 0:16:28.120 I'm not the only person that's ever thought this about 0:16:28.120 --> 0:16:30.160 the crowd at the DMV, like where the normal people. 0:16:30.200 --> 0:16:32.000 Seinfeld used to have a whole bit about it way 0:16:32.040 --> 0:16:34.520 back in the day. But anyway, somebody tweeted this line 0:16:34.600 --> 0:16:38.120 is Seinfeld's once said about the people at the DMV undtable. 0:16:39.560 --> 0:16:42.960 Where all these undateable people coming from that are at 0:16:43.000 --> 0:16:44.040 the DMV. 0:16:44.280 --> 0:16:44.680 I don't know. 0:16:44.800 --> 0:16:47.760 Again, Like I said, the percentage of crutches and slings 0:16:47.920 --> 0:16:50.280 was way out of proportion than the normal population. And 0:16:50.320 --> 0:16:52.560 I can't imagine how those two things fit together. 0:16:52.680 --> 0:16:54.480 The key is how did they get those injuries? 0:16:54.800 --> 0:16:56.600 I should have gone around asking, excuse me, I see 0:16:56.600 --> 0:16:57.920 and her sling, how did you hurt your arm? 0:16:57.920 --> 0:16:59.680 Excuse me as you're on crutches? What did you do 0:16:59.680 --> 0:17:03.400 to your Wow? So let me squeeze this in just 0:17:03.440 --> 0:17:05.960 real quickly, Jack, You'll enjoy this ten seconds. There's not 0:17:06.040 --> 0:17:09.920 even so okay. After the break an emails so devastating. 0:17:09.960 --> 0:17:12.959 I was about to read it. I've got an hour 0:17:12.960 --> 0:17:17.040 and a half. We got plenty of times Armstrong and 0:17:17.080 --> 0:17:19.720 Getty sandwich change. 0:17:19.760 --> 0:17:23.679 Subway is announced it'll be offering reward members free Dorito's 0:17:23.720 --> 0:17:26.280 foot long nachos with the purchase of any sub And 0:17:26.320 --> 0:17:28.399 you know you're in a good restaurant when the food 0:17:28.760 --> 0:17:29.800 is sold by link. 0:17:33.600 --> 0:17:35.280 I shouldn't think about that when I'm at Subway and 0:17:35.280 --> 0:17:38.679 I'm buying a three foot turo or whatever it is 0:17:38.720 --> 0:17:41.520 that we get sometimes pretty Oh, that's plenty of chio. 0:17:41.680 --> 0:17:44.359 That's really good. Breaking news. 0:17:44.800 --> 0:17:48.440 The House has passed the blueprint for President Trump's tax 0:17:48.480 --> 0:17:52.760 and spending cuts after opposition from hard right Republicans. 0:17:52.800 --> 0:17:54.880 I'm reading from the New York Times and he, you know, 0:17:55.680 --> 0:17:58.120 hard right goodness for the hard right Republican. 0:17:57.720 --> 0:18:00.760 Opposition from hard right Republicans threatened to tank it and 0:18:00.800 --> 0:18:03.240 wanted warned that it would add too much to the 0:18:03.320 --> 0:18:07.959 nation's debt. Chip Roy and that crowd who are just 0:18:08.160 --> 0:18:12.000 saying the math doesn't work. I mean, I'm all for 0:18:12.080 --> 0:18:14.359 tax cuts, love it, but where are spending cuts? 0:18:15.000 --> 0:18:19.680 Right? But as usual, spending cuts will not happen. Without them, 0:18:19.720 --> 0:18:23.960 we would be careening toward the cliff even faster. Thank 0:18:24.000 --> 0:18:27.919 goodness for Chip Roy. Pray for his health. What happens 0:18:27.960 --> 0:18:29.800 if Chip has a heart attack and goes away. 0:18:31.000 --> 0:18:33.119 So this story in the New York Times got my 0:18:33.160 --> 0:18:34.879 attention and I read the whole thing, and there's a 0:18:34.880 --> 0:18:39.399 lot of interesting stuff in it. The pandemic is not 0:18:39.520 --> 0:18:43.280 the only reason US students are losing ground for the 0:18:43.280 --> 0:18:47.520 country's lowest scoring students. Things have really gone off a 0:18:47.520 --> 0:18:52.760 cliff since twenty thirteen. And they used the bottom quintile, 0:18:56.200 --> 0:18:58.919 broke it down into fifths, and actually it looks like 0:18:59.320 --> 0:19:02.240 both the bottom quintile and the second to the bottom, 0:19:02.280 --> 0:19:04.119 so i'd be two quintiles, which would add up to 0:19:04.480 --> 0:19:09.399 forty percent, are both going down quite a bit in 0:19:09.480 --> 0:19:14.040 terms of reading and math for eighth graders and fourth graders, 0:19:14.680 --> 0:19:16.639 and they're trying to figure out why that is. The 0:19:16.680 --> 0:19:20.159 reason is not just the pandemic, although obviously that didn't 0:19:20.200 --> 0:19:24.080 help anything, because yeah, but probably a lot of socioeconomic 0:19:24.119 --> 0:19:30.240 things that factor in with that lower performing student crowd 0:19:30.600 --> 0:19:32.600 that the pandemic really did not help. 0:19:33.400 --> 0:19:35.960 No. Being honest, I have I have a couple of 0:19:36.040 --> 0:19:39.159 suggestions of what's behind this, but i'll i'll hold off. 0:19:41.640 --> 0:19:44.639 For the least the last decade. Starting around twenty thirteen, 0:19:44.720 --> 0:19:48.760 students in the bottom quartile have been losing ground on 0:19:48.800 --> 0:19:52.199 the National Assessment Tests. It's made up of students from 0:19:52.280 --> 0:19:55.640 various backgrounds, but includes a higher proportion of students with disabilities. 0:19:55.960 --> 0:19:59.720 Students learning English. You know, well, if you could be 0:20:00.000 --> 0:20:01.720 hard as you want, but if you don't speak the 0:20:01.880 --> 0:20:06.320 language the teachers speaking and don't read the language, they're 0:20:06.440 --> 0:20:07.120 ending you the. 0:20:07.119 --> 0:20:07.600 Test in. 0:20:10.600 --> 0:20:15.600 Dot dot dot nuff said. Uh, and children from poor families. 0:20:16.480 --> 0:20:19.679 Whatever happening to the lower performers is still happening, and 0:20:19.680 --> 0:20:22.800 we've got to figure this out, said the American Enterprise 0:20:22.840 --> 0:20:25.200 Institute of right leaning think tank. Of course, they don't 0:20:25.359 --> 0:20:28.000 label think tanks. All the other think tanks is left leaning. 0:20:28.320 --> 0:20:32.199 They're just regular think tanks. But anyway, that's it. But 0:20:32.280 --> 0:20:34.280 I like this when you brought this up the other day. 0:20:34.880 --> 0:20:37.560 Researchers point to a number of educational and societal changes 0:20:37.600 --> 0:20:41.879 over the past decade, including well, retrenchment and school accountability. 0:20:42.000 --> 0:20:45.520 How do you take that? What? What? What's retrenchment and 0:20:45.600 --> 0:20:50.960 school accountability. They're saying that schools are less accountable for 0:20:51.080 --> 0:20:55.800 their results. Well, all right, I can't stand it anymore. 0:20:55.840 --> 0:20:58.960 I'm gonna throw mine out there, and then you can 0:20:59.000 --> 0:21:02.240 go back to your your analysis from the old Gray Lady. 0:21:02.920 --> 0:21:08.320 Number one, rampant immigration. Obviously we've covered that. Secondly, the teachers' 0:21:08.440 --> 0:21:14.119 unions who have demanded less accountability and who have joined 0:21:14.160 --> 0:21:18.240 hand in glove with the progressive er education establishment in 0:21:18.240 --> 0:21:23.280