1 00:00:00,600 --> 00:00:05,360 Speaker 1: Welcome in Thursday edition Clay Travis buck Sexton Show. We 2 00:00:05,440 --> 00:00:09,320 Speaker 1: appreciate all of you hanging out with us. Buck has already, 3 00:00:09,480 --> 00:00:12,799 Speaker 1: like many of your kids and grandkids, have started his 4 00:00:12,920 --> 00:00:16,840 Speaker 1: Christmas vacation. He is off and about. I will be 5 00:00:16,920 --> 00:00:21,640 Speaker 1: with you today and tomorrow solo taking you into Christmas Week, 6 00:00:22,320 --> 00:00:25,400 Speaker 1: and there's a lot for us to dive into. A 7 00:00:25,400 --> 00:00:28,400 Speaker 1: couple of different stories that are out there that we 8 00:00:28,480 --> 00:00:31,560 Speaker 1: will be monitoring. We still have no idea who the 9 00:00:31,600 --> 00:00:35,880 Speaker 1: Brown University shooter was. They've released a few more videos. 10 00:00:36,360 --> 00:00:39,319 Speaker 1: I will continue to update you with that, but I'm 11 00:00:39,360 --> 00:00:43,120 Speaker 1: not optimistic that there is any imminent arrest that is 12 00:00:43,159 --> 00:00:46,199 Speaker 1: coming there, and as a result, we still don't know 13 00:00:46,280 --> 00:00:49,760 Speaker 1: a lot about whatever the decision might have been that 14 00:00:49,840 --> 00:00:54,000 Speaker 1: was made that motivated that attack. So that is out there. 15 00:00:54,040 --> 00:00:58,240 Speaker 1: The continued fallout of the awful Bondai beach shooting in 16 00:00:58,320 --> 00:01:05,080 Speaker 1: Australia continue, but we begin with some good news. Inflation 17 00:01:05,840 --> 00:01:09,959 Speaker 1: has just come in at the lowest level since the 18 00:01:10,000 --> 00:01:14,160 Speaker 1: spring of twenty twenty one, when cost of goods began 19 00:01:14,240 --> 00:01:18,520 Speaker 1: to skyrocket under Joe Biden as he poured trillions of 20 00:01:18,600 --> 00:01:22,679 Speaker 1: dollars into the economy in the early days of what 21 00:01:22,800 --> 00:01:26,880 Speaker 1: I think it's fair to call the worst administration in 22 00:01:27,040 --> 00:01:31,720 Speaker 1: any of our lives. Inflation comes in at two point 23 00:01:31,880 --> 00:01:36,640 Speaker 1: seven percent. Again, the inflation goal for the Fed is 24 00:01:36,760 --> 00:01:40,000 Speaker 1: two percent. We have been fighting our way back down 25 00:01:40,080 --> 00:01:43,520 Speaker 1: since I believe it was June of twenty two. Team 26 00:01:43,600 --> 00:01:45,720 Speaker 1: can correct me if I'm wrong or right on that. 27 00:01:45,800 --> 00:01:48,680 Speaker 1: I think it was June of twenty two that inflation 28 00:01:48,880 --> 00:01:53,320 Speaker 1: hit nine point one percent in this country and necessitated 29 00:01:53,440 --> 00:01:57,360 Speaker 1: a rapid rise overall in interest rates. I'm gonna actually 30 00:01:57,360 --> 00:02:00,200 Speaker 1: break this down for you because a big part part 31 00:02:00,360 --> 00:02:03,280 Speaker 1: of the twenty twenty six election is going to be 32 00:02:03,680 --> 00:02:08,320 Speaker 1: based on cost of goods affordability. Uh, but I want 33 00:02:08,360 --> 00:02:11,840 Speaker 1: to give you the latest information. I'll give you a 34 00:02:11,840 --> 00:02:15,639 Speaker 1: couple of different ways that that this broke down. This 35 00:02:16,000 --> 00:02:21,000 Speaker 1: was from CNBC economics reporter Steve Leisman. Here he is 36 00:02:21,160 --> 00:02:26,560 Speaker 1: on CNBC reacting in surprise to the numbers on inflation 37 00:02:27,080 --> 00:02:29,399 Speaker 1: coming in much lower than expected. 38 00:02:29,480 --> 00:02:32,880 Speaker 2: Cut to the number of the morning the CPI, Oh, 39 00:02:33,040 --> 00:02:35,520 Speaker 2: maybe coming in a little bit better than expecting. Two 40 00:02:35,600 --> 00:02:38,720 Speaker 2: point seven percent A little light here. I'm not calling 41 00:02:38,800 --> 00:02:41,359 Speaker 2: I'm just reading the headlines here. Year over year two 42 00:02:41,520 --> 00:02:45,720 Speaker 2: seven ex food and Energy Corps six, so four chants off. 43 00:02:45,760 --> 00:02:49,520 Speaker 2: That is a very good number. Here, all right, very 44 00:02:49,520 --> 00:02:54,840 Speaker 2: good number. That is CNBC. Here is Maria Bartiromo. Side note. 45 00:02:55,200 --> 00:02:58,079 Speaker 2: I got to meet Maria Bartiromo for the first time. 46 00:02:58,960 --> 00:03:03,200 Speaker 2: I think it was an early November at a Fox event, 47 00:03:03,440 --> 00:03:06,560 Speaker 2: and I was just giddy. And Buck would tell you this, 48 00:03:06,919 --> 00:03:09,680 Speaker 2: and my wife would tell you this. I got to 49 00:03:09,680 --> 00:03:12,240 Speaker 2: meet Joe Kernan. I was a kid who liked to 50 00:03:12,280 --> 00:03:15,960 Speaker 2: watch CNBC back in the day, So Maria Bartiromo, Joe 51 00:03:16,000 --> 00:03:19,440 Speaker 2: Kernan for those of you who remember that era when 52 00:03:19,480 --> 00:03:23,160 Speaker 2: there was no competition. I was so excited to meet 53 00:03:23,200 --> 00:03:25,280 Speaker 2: her and she I was just giddy and the fact 54 00:03:25,280 --> 00:03:27,160 Speaker 2: that she knew me and she said, oh, I love 55 00:03:27,480 --> 00:03:29,440 Speaker 2: what you and Buck are doing. That was awesome, which 56 00:03:29,520 --> 00:03:31,840 Speaker 2: reminds me we should get her on the program. But 57 00:03:32,000 --> 00:03:36,600 Speaker 2: here is Fox Business host Maria Bartiromo as this news 58 00:03:36,680 --> 00:03:38,160 Speaker 2: comes out, reacting to it. 59 00:03:38,200 --> 00:03:41,440 Speaker 3: Cut one, Inflation is running at maybe two point nine 60 00:03:41,480 --> 00:03:44,400 Speaker 3: percent right now, two year over year. 61 00:03:44,440 --> 00:03:45,200 Speaker 1: Let me interpt you. 62 00:03:45,280 --> 00:03:48,120 Speaker 4: I'm sorry, Steve. Two point seven percent year of a 63 00:03:48,200 --> 00:03:51,640 Speaker 4: year is the number we were expecting. Two point six 64 00:03:51,720 --> 00:03:55,000 Speaker 4: percent is on core. Two point six percent is core 65 00:03:55,320 --> 00:03:57,920 Speaker 4: and two point seven percent is headline. This is better 66 00:03:57,960 --> 00:04:01,240 Speaker 4: than expected. We were expecting three percent core. We got 67 00:04:01,240 --> 00:04:05,480 Speaker 4: two point six percent CPI for the month of November, 68 00:04:05,560 --> 00:04:08,960 Speaker 4: we got headline number of two point seven percent, much 69 00:04:09,000 --> 00:04:11,200 Speaker 4: better than the three point one percent expected. 70 00:04:11,560 --> 00:04:13,120 Speaker 1: Markets are on the move down. 71 00:04:13,200 --> 00:04:15,080 Speaker 4: Dusters now at the highs of the morning at one 72 00:04:15,160 --> 00:04:16,880 Speaker 4: hundred and sixty five on this number. 73 00:04:17,920 --> 00:04:21,160 Speaker 1: Okay, as we speak to you, the Dow is near 74 00:04:21,360 --> 00:04:23,920 Speaker 1: and all time high. The S and P five hundred, 75 00:04:23,920 --> 00:04:26,280 Speaker 1: it is near an all time high, and the Nasdaq 76 00:04:26,400 --> 00:04:29,440 Speaker 1: is near an all time high. And there's no other 77 00:04:29,480 --> 00:04:33,840 Speaker 1: way to spin it, says Harvard professor of economics Ken 78 00:04:33,920 --> 00:04:37,080 Speaker 1: Rogoff here. He is reacting to it as well. Again, 79 00:04:37,520 --> 00:04:39,680 Speaker 1: cut three I mean, I was surprised. It was a 80 00:04:39,720 --> 00:04:44,520 Speaker 1: better number than anyone was expecting. Look, inflation has been 81 00:04:45,200 --> 00:04:49,039 Speaker 1: very high. It's stayed high. It has not been coming down. 82 00:04:49,120 --> 00:04:52,120 Speaker 5: But you know, people were expecting it to be above 83 00:04:52,200 --> 00:04:55,400 Speaker 5: three percent. It was well below three percent. I mean, 84 00:04:55,480 --> 00:04:58,640 Speaker 5: I think the president will take this as good news. 85 00:04:59,040 --> 00:05:02,599 Speaker 5: The investors think that interest rates will got cut more. So, 86 00:05:03,160 --> 00:05:05,360 Speaker 5: you know, it was a positive news. There's no other 87 00:05:05,400 --> 00:05:06,160 Speaker 5: way to spend. 88 00:05:06,440 --> 00:05:09,880 Speaker 1: Okay, we're going to get into President Trump's address last night. 89 00:05:10,040 --> 00:05:12,520 Speaker 1: But this news has come out since then, and you 90 00:05:12,600 --> 00:05:15,520 Speaker 1: might be saying, Okay, Clay, what impact does this have 91 00:05:15,800 --> 00:05:18,080 Speaker 1: on my life? Why does this matter? Let me kind 92 00:05:18,080 --> 00:05:20,760 Speaker 1: of lay it out for you a little bit. I 93 00:05:20,880 --> 00:05:25,000 Speaker 1: get that people are frustrated with what things cost, and 94 00:05:25,279 --> 00:05:26,520 Speaker 1: let me take you on a little bit of a 95 00:05:27,400 --> 00:05:31,840 Speaker 1: journey and try to make sense of what happened and 96 00:05:31,920 --> 00:05:35,240 Speaker 1: why you are angry, many of you, including me, at 97 00:05:35,279 --> 00:05:38,800 Speaker 1: what the cost of goods actually are. When Joe Biden 98 00:05:38,880 --> 00:05:43,480 Speaker 1: came into office in January of twenty twenty one, inflation 99 00:05:43,920 --> 00:05:48,359 Speaker 1: was right around two percent. That is the Fed's stated target, 100 00:05:48,720 --> 00:05:53,599 Speaker 1: very low inflation that is hard to recognize in general 101 00:05:53,720 --> 00:05:58,880 Speaker 1: cost of goods two percent inflation. Almost immediately, the decision 102 00:05:58,960 --> 00:06:02,719 Speaker 1: that Biden's team on the economy was, we have to 103 00:06:03,000 --> 00:06:07,200 Speaker 1: juice the economy coming out of COVID. There is danger 104 00:06:07,480 --> 00:06:10,560 Speaker 1: in not spending enough money. We have to make sure 105 00:06:10,839 --> 00:06:14,839 Speaker 1: that the federal government is the fire hose that is 106 00:06:14,880 --> 00:06:18,520 Speaker 1: trying to spray as much economic growth as we can create. 107 00:06:19,000 --> 00:06:23,440 Speaker 1: And remember Biden came into office and immediately passed and 108 00:06:23,520 --> 00:06:27,919 Speaker 1: spent trillions of dollars in spending increases because that was 109 00:06:27,960 --> 00:06:30,839 Speaker 1: their idea, Hey, we can't go too small. We got 110 00:06:30,839 --> 00:06:33,880 Speaker 1: to put as much money from the federal government into 111 00:06:33,960 --> 00:06:38,720 Speaker 1: this economy as we can. And what happened almost immediately, 112 00:06:39,440 --> 00:06:44,719 Speaker 1: overall inflation started to skyrocket because we were giving too 113 00:06:44,760 --> 00:06:48,080 Speaker 1: many people cash. We were still at that time telling 114 00:06:48,080 --> 00:06:51,919 Speaker 1: a lot of people stay home, eat cheetos. The government's 115 00:06:51,920 --> 00:06:55,080 Speaker 1: got your back. You don't have to worry about income, 116 00:06:55,760 --> 00:06:57,920 Speaker 1: you don't have to worry about paying for your cost 117 00:06:57,960 --> 00:07:02,480 Speaker 1: of goods. And the value of a dollar began to plummet, 118 00:07:02,839 --> 00:07:07,080 Speaker 1: and inflation skyrocketed, and by June of twenty twenty two, 119 00:07:07,560 --> 00:07:10,840 Speaker 1: everything had gone up. We were at a nine point 120 00:07:10,880 --> 00:07:16,280 Speaker 1: one percent inflation rate overnight. And I know many of 121 00:07:16,320 --> 00:07:20,160 Speaker 1: you felt this. You would go out to get fast 122 00:07:20,200 --> 00:07:25,040 Speaker 1: food or buy a pizza for your family, and everything 123 00:07:25,240 --> 00:07:29,200 Speaker 1: just started costing way more than it should have. You 124 00:07:29,280 --> 00:07:31,240 Speaker 1: were looking around, you were saying, how in the world 125 00:07:31,240 --> 00:07:33,640 Speaker 1: did that pizza cost this much. I have talked about 126 00:07:33,640 --> 00:07:36,160 Speaker 1: it a lot because the place that my family goes 127 00:07:36,200 --> 00:07:39,040 Speaker 1: the most often is Chick fil A. I love Chick 128 00:07:39,080 --> 00:07:42,160 Speaker 1: fil A. My boys love Chick fil A. I've got 129 00:07:42,160 --> 00:07:45,640 Speaker 1: three growing boys suddenly going through the Chick fil A 130 00:07:45,800 --> 00:07:49,120 Speaker 1: drive through. Starting in twenty twenty one, twenty twenty two, 131 00:07:49,880 --> 00:07:54,360 Speaker 1: everything was over fifty dollars. For my family, that fifty 132 00:07:54,400 --> 00:07:56,560 Speaker 1: dollars used to be. Hey, I can go have a 133 00:07:56,600 --> 00:08:00,400 Speaker 1: sit down meal. I can go to Logan's row House, 134 00:08:00,880 --> 00:08:03,440 Speaker 1: I can go to Applebee's, I can go to Chili's. 135 00:08:03,760 --> 00:08:05,880 Speaker 1: I can eat an affordable sit down meal with an 136 00:08:05,920 --> 00:08:09,520 Speaker 1: actual waitress coming to take our order. And all of 137 00:08:09,560 --> 00:08:13,080 Speaker 1: you felt this. And it wasn't just cost of goods. 138 00:08:13,640 --> 00:08:19,920 Speaker 1: Because inflation skyrocketed so fast, the overall rate of the 139 00:08:19,960 --> 00:08:24,960 Speaker 1: FED interest rates also began to skyrocket, and this is 140 00:08:25,040 --> 00:08:30,000 Speaker 1: where the cost of homes started to explode at the 141 00:08:30,040 --> 00:08:33,560 Speaker 1: same time that interest rates took off. And for those 142 00:08:33,559 --> 00:08:36,320 Speaker 1: of you out there that were fortunate enough to buy 143 00:08:36,360 --> 00:08:39,760 Speaker 1: homes in twenty twenty or twenty twenty one, you got 144 00:08:39,880 --> 00:08:44,400 Speaker 1: two and a half percent mortgage rates, fifteen year, three percent, 145 00:08:44,960 --> 00:08:49,640 Speaker 1: thirty year rates, all sorts of unbelievable mortgage rates. And 146 00:08:49,720 --> 00:08:54,800 Speaker 1: then suddenly the mortgage rates skyrocketed to over seven percent. 147 00:08:55,480 --> 00:08:57,160 Speaker 1: And a lot of you out there listening to me 148 00:08:57,280 --> 00:09:00,240 Speaker 1: right now, you're still in those homes, and you're saying, 149 00:09:00,640 --> 00:09:02,679 Speaker 1: I'm not gonna move. I've got a two and a 150 00:09:02,720 --> 00:09:05,160 Speaker 1: half percent interest rate locked in. I've got a three 151 00:09:05,200 --> 00:09:08,760 Speaker 1: percent interest rate locked in. So the overall housing market 152 00:09:08,840 --> 00:09:11,679 Speaker 1: froze because a lot of people that otherwise might have 153 00:09:11,760 --> 00:09:16,960 Speaker 1: been considering moving to another home because interest rates skyrocketed 154 00:09:17,120 --> 00:09:22,480 Speaker 1: so fast, as inflation skyrocketed so fast, money was so 155 00:09:22,760 --> 00:09:25,360 Speaker 1: cheap that suddenly we had to raise the cost of 156 00:09:25,400 --> 00:09:28,440 Speaker 1: interest rates to try to bring down the overall rate 157 00:09:28,440 --> 00:09:32,240 Speaker 1: of inflation. And this was effectively the story of the 158 00:09:32,240 --> 00:09:36,360 Speaker 1: Biden administration. So many people got locked in to homes, 159 00:09:36,440 --> 00:09:38,960 Speaker 1: and so many people got locked out of homes, and 160 00:09:39,080 --> 00:09:42,920 Speaker 1: instead of in the spring, typically when moms and dads 161 00:09:42,960 --> 00:09:44,640 Speaker 1: out there say hey we got a new kid, it's 162 00:09:44,640 --> 00:09:47,880 Speaker 1: time to move to a new school district, you're saying, hey, 163 00:09:47,880 --> 00:09:49,719 Speaker 1: we're not moving, we're locking in our two and a 164 00:09:49,760 --> 00:09:53,480 Speaker 1: half percent interest rate. And maybe your kids have left school, 165 00:09:53,679 --> 00:09:56,719 Speaker 1: going off to college, maybe you're thinking about retiring. You 166 00:09:56,760 --> 00:09:59,400 Speaker 1: don't need the same size home you've already had. You're 167 00:09:59,400 --> 00:10:02,319 Speaker 1: sitting around saying, why in the world would I sell 168 00:10:02,320 --> 00:10:03,880 Speaker 1: my home when I'm going to have to take on 169 00:10:03,920 --> 00:10:07,480 Speaker 1: a mortgage that's a lot higher. Price of homes has 170 00:10:07,520 --> 00:10:11,880 Speaker 1: gone up so much. Everything was broken. That's the world 171 00:10:12,080 --> 00:10:17,200 Speaker 1: in which Trump returned to office in January of twenty 172 00:10:17,240 --> 00:10:21,560 Speaker 1: twenty five, and what he has tried to do is 173 00:10:21,640 --> 00:10:26,880 Speaker 1: focus on bringing down interest rates and bringing down inflation 174 00:10:27,480 --> 00:10:32,280 Speaker 1: and putting more money into your pocket. And it is working. Now. 175 00:10:33,000 --> 00:10:36,000 Speaker 1: The challenge is, I'm not sure that it's going to 176 00:10:36,160 --> 00:10:39,680 Speaker 1: work fast enough for people to feel it in twenty 177 00:10:39,720 --> 00:10:44,400 Speaker 1: twenty six. If we were having this conversation next year, 178 00:10:44,960 --> 00:10:46,800 Speaker 1: I think the economy is going to be firing on 179 00:10:46,840 --> 00:10:48,880 Speaker 1: all cylinders. I think the thing that you care about 180 00:10:48,920 --> 00:10:51,760 Speaker 1: the most, which is more money in your pocket and 181 00:10:52,200 --> 00:10:55,880 Speaker 1: the cost of goods increasing at a lower rate than 182 00:10:55,920 --> 00:10:59,400 Speaker 1: your overall wage growth, is that's the number one If 183 00:10:59,400 --> 00:11:01,400 Speaker 1: you told me, hey, Clay, what is the number one 184 00:11:01,520 --> 00:11:04,319 Speaker 1: economic issue that you think matters the most, it is 185 00:11:05,360 --> 00:11:08,720 Speaker 1: you need to be making on average more money in 186 00:11:08,880 --> 00:11:11,720 Speaker 1: wage increase than the cost of the goods that you 187 00:11:11,800 --> 00:11:15,000 Speaker 1: are buying. That with that is how you feel better 188 00:11:15,360 --> 00:11:17,920 Speaker 1: about your wallet, about your pocketbook, about the money there. 189 00:11:18,440 --> 00:11:20,280 Speaker 1: Trump is trying to tell that story. 190 00:11:20,320 --> 00:11:20,560 Speaker 6: Now. 191 00:11:21,280 --> 00:11:24,960 Speaker 1: The challenge is people are angry because of how bad 192 00:11:25,080 --> 00:11:29,000 Speaker 1: Joe Biden was, and as a result, telling that story 193 00:11:29,520 --> 00:11:34,760 Speaker 1: is really challenging because you risk sounding like you don't 194 00:11:34,880 --> 00:11:39,360 Speaker 1: understand what's really going on on the ground. When you 195 00:11:39,440 --> 00:11:42,760 Speaker 1: tell people things are getting better but they can't feel 196 00:11:42,800 --> 00:11:46,800 Speaker 1: it yet. That is to me the story of twenty 197 00:11:46,840 --> 00:11:51,560 Speaker 1: twenty six. How much does the reality of things getting 198 00:11:51,600 --> 00:11:57,600 Speaker 1: better start to pierce into the expectations of people on 199 00:11:57,640 --> 00:12:01,640 Speaker 1: the ground out there? Because things are getting better. The 200 00:12:01,720 --> 00:12:05,600 Speaker 1: numbers all reflect that, But it takes a while of 201 00:12:05,679 --> 00:12:08,600 Speaker 1: things being better for people to start to feel it 202 00:12:08,920 --> 00:12:13,280 Speaker 1: and for the anger of the unprecedented economic failures of 203 00:12:13,320 --> 00:12:16,880 Speaker 1: the Biden tenure to start to diminish. And this is 204 00:12:16,880 --> 00:12:19,840 Speaker 1: why I have made the argument. As you guys know, 205 00:12:19,920 --> 00:12:24,000 Speaker 1: I love history. Many of you lived through it. It 206 00:12:24,080 --> 00:12:27,360 Speaker 1: took a while for Ronald Reagan to actually start to 207 00:12:27,400 --> 00:12:31,520 Speaker 1: get popular in this country. He took over for Jimmy Carter, 208 00:12:31,800 --> 00:12:37,800 Speaker 1: who was an economic disaster. Reagan it took four years 209 00:12:38,160 --> 00:12:41,439 Speaker 1: for him to catch fire and for people to recognize 210 00:12:41,440 --> 00:12:44,160 Speaker 1: that all of the supply side decisions he was making 211 00:12:44,520 --> 00:12:48,319 Speaker 1: were starting to juice the economy, and the inflation from 212 00:12:48,400 --> 00:12:51,920 Speaker 1: Jimmy Carter and the interest rates that everybody had to 213 00:12:51,960 --> 00:12:54,679 Speaker 1: pay on their mortgages. It took a while for people 214 00:12:54,720 --> 00:12:57,520 Speaker 1: to recognize that things were starting to get better. And 215 00:12:57,559 --> 00:12:59,920 Speaker 1: some of you who lived through that, remember people were 216 00:13:00,200 --> 00:13:03,240 Speaker 1: sold on Reagan in eighty one, eighty two, eighty three, 217 00:13:03,920 --> 00:13:07,920 Speaker 1: and then lo and behold. By eighty four, the ravages 218 00:13:07,960 --> 00:13:11,439 Speaker 1: of the Carter era are fading, and Reagan can go 219 00:13:11,520 --> 00:13:16,120 Speaker 1: out and win forty nine states. I'm not sure that 220 00:13:16,240 --> 00:13:20,959 Speaker 1: we're going to see a huge victory in twenty twenty six. 221 00:13:22,160 --> 00:13:25,199 Speaker 1: I am very confident, based on the decisions that are 222 00:13:25,240 --> 00:13:29,360 Speaker 1: being made right now, that by twenty twenty eight, everything 223 00:13:29,400 --> 00:13:31,280 Speaker 1: is going to be firing on all cylinders. And if 224 00:13:31,320 --> 00:13:35,839 Speaker 1: you question me, remember where we were before COVID hit. 225 00:13:36,559 --> 00:13:41,840 Speaker 1: In February of twenty twenty. Trump was cruising to re election. 226 00:13:42,559 --> 00:13:46,120 Speaker 1: The economy was probably at that time the strongest it 227 00:13:46,160 --> 00:13:51,920 Speaker 1: had ever been, virtually no inflation, mortgage rates were incredibly low, 228 00:13:52,120 --> 00:13:56,240 Speaker 1: borrowing cost. Everything was starting to fire on all cylinders 229 00:13:56,240 --> 00:13:59,960 Speaker 1: in Trump one point zero. And then what happened COVID, 230 00:14:00,280 --> 00:14:03,920 Speaker 1: and suddenly everything got shut down in March of twenty twenty, 231 00:14:04,559 --> 00:14:08,680 Speaker 1: and we bore the brunt of the disastrous decisions made 232 00:14:09,160 --> 00:14:12,400 Speaker 1: really in the early part of the Biden administration. Okay, 233 00:14:12,880 --> 00:14:15,680 Speaker 1: did I do a good enough job of making sense 234 00:14:15,800 --> 00:14:17,800 Speaker 1: of why this matters? We're going to have open phone 235 00:14:17,800 --> 00:14:19,920 Speaker 1: lines eight hundred and two two to two A two. 236 00:14:20,160 --> 00:14:22,240 Speaker 1: Did I miss something? Is there something out there that 237 00:14:22,280 --> 00:14:24,800 Speaker 1: you think is important to add? You can do a talkback, 238 00:14:24,840 --> 00:14:27,480 Speaker 1: You can hop on the phones and react to us. 239 00:14:27,760 --> 00:14:29,400 Speaker 1: We got a couple of great guests coming your way, 240 00:14:29,400 --> 00:14:32,000 Speaker 1: Brianna Lyman, first time ever on the show. In the 241 00:14:32,040 --> 00:14:34,120 Speaker 1: second hour. Jonathan Albert is going to be with us 242 00:14:34,120 --> 00:14:36,600 Speaker 1: in the third hour. You guys love Jonathan Albert. He 243 00:14:36,760 --> 00:14:39,640 Speaker 1: was the psychologist we had on to talk about Trump 244 00:14:39,680 --> 00:14:44,440 Speaker 1: de arrangement syndrome in advance of Thanksgiving. Advice from him 245 00:14:44,600 --> 00:14:47,400 Speaker 1: on how to handle your family members that may hate 246 00:14:47,440 --> 00:14:50,720 Speaker 1: Donald Trump as we come into the Christmas season. But 247 00:14:50,760 --> 00:14:53,200 Speaker 1: I want to tell you right now, unfortunately, during the 248 00:14:53,240 --> 00:14:56,360 Speaker 1: Christmas season, we get a lot of cyber hacking going. 249 00:14:56,800 --> 00:14:59,720 Speaker 1: Because cyber hackers don't take time off during the Christmas season, 250 00:15:00,120 --> 00:15:02,720 Speaker 1: this is their prime time, which is why you need LifeLock. 251 00:15:03,040 --> 00:15:04,800 Speaker 1: Just look at what some of these hackers did with 252 00:15:04,840 --> 00:15:08,120 Speaker 1: an online business recently. Seven hundred Credit is a company 253 00:15:08,120 --> 00:15:11,600 Speaker 1: that handles credit checks for car dealerships. They just confirmed 254 00:15:11,600 --> 00:15:14,560 Speaker 1: a data breach. You probably won't recognize the company name, 255 00:15:14,920 --> 00:15:18,160 Speaker 1: but your car dealership does your info could be involved 256 00:15:18,160 --> 00:15:21,720 Speaker 1: if a dealership use their services during your car buying process. 257 00:15:22,480 --> 00:15:25,000 Speaker 1: Just to give you a perspective, that's five point six 258 00:15:25,120 --> 00:15:29,280 Speaker 1: million people involved in that data breach, social security numbers, names, 259 00:15:29,320 --> 00:15:32,880 Speaker 1: birth dates, addresses. LifeLock helps to monitor all of this 260 00:15:33,040 --> 00:15:36,480 Speaker 1: to look for threats to your identity being stolen. Your 261 00:15:36,520 --> 00:15:40,600 Speaker 1: protection backed by lifelocks million dollar protection package. You can 262 00:15:40,680 --> 00:15:43,800 Speaker 1: join now and say forty percent off your first year 263 00:15:43,840 --> 00:15:48,320 Speaker 1: with promo code Clay. That's LifeLock dot com. Promo code 264 00:15:48,400 --> 00:15:52,200 Speaker 1: Clay my name for forty percent off one eight hundred LifeLock. 265 00:15:52,280 --> 00:15:59,400 Speaker 1: Also LifeLock dot com my name Clay. Making America agreed again. 266 00:15:59,520 --> 00:16:04,280 Speaker 1: Isn't one man, It's many. The Team forty seven podcast 267 00:16:04,520 --> 00:16:07,880 Speaker 1: Sunday's at noon Eastern in the Clay and Buck podcast feed. 268 00:16:08,000 --> 00:16:11,000 Speaker 1: Find it on the iHeartRadio app or wherever you get 269 00:16:11,000 --> 00:16:14,920 Speaker 1: your podcasts. Welcome back in Clay Travis Buck Sexton Show. 270 00:16:14,920 --> 00:16:16,760 Speaker 1: We're going to get to some of your talkbacks, some 271 00:16:17,040 --> 00:16:20,880 Speaker 1: of your calls here during the course of the program. 272 00:16:21,160 --> 00:16:23,600 Speaker 1: I want you to also know you can give a 273 00:16:23,640 --> 00:16:26,360 Speaker 1: talkback to Jonathan Albert. We haven't really tried this before. 274 00:16:27,760 --> 00:16:31,160 Speaker 1: If you want advice from him. On how to deal 275 00:16:31,280 --> 00:16:36,240 Speaker 1: with crazy family members. Send us a talkback and we 276 00:16:36,320 --> 00:16:40,040 Speaker 1: will play some of those for him and get specific 277 00:16:40,120 --> 00:16:43,520 Speaker 1: advice from him on what he would suggest. We'll have 278 00:16:43,560 --> 00:16:46,000 Speaker 1: fun with that, and heck, if you want life advice 279 00:16:46,040 --> 00:16:48,640 Speaker 1: from me, let's try this too. I will give you. 280 00:16:48,680 --> 00:16:52,360 Speaker 1: I will solve any problem that you have in the world, humbly, 281 00:16:53,120 --> 00:16:56,880 Speaker 1: because I'm amazing at giving advice. If you make a 282 00:16:57,040 --> 00:17:01,400 Speaker 1: talkback and producer Greg can check all of those out. 283 00:17:01,920 --> 00:17:05,040 Speaker 1: We were talking about the challenges that President Trump has 284 00:17:05,359 --> 00:17:09,639 Speaker 1: in explaining where we are going, and let me play 285 00:17:09,800 --> 00:17:13,480 Speaker 1: this for you. Cut eight. He says something that I 286 00:17:13,520 --> 00:17:15,560 Speaker 1: told you that I think is true. We are headed 287 00:17:15,600 --> 00:17:19,800 Speaker 1: for an unbelievable economic boom. Cut eight tonight. 288 00:17:19,840 --> 00:17:23,920 Speaker 7: After eleven months, our border is secure, inflation has stopped, 289 00:17:24,280 --> 00:17:27,920 Speaker 7: wages are up, prices are down, our nation is strong, 290 00:17:28,320 --> 00:17:33,640 Speaker 7: America is respected, and our country is back stronger than 291 00:17:33,760 --> 00:17:37,840 Speaker 7: ever before. We're poised for an economic boom the likes 292 00:17:37,880 --> 00:17:39,600 Speaker 7: of which the world has never seen. 293 00:17:40,400 --> 00:17:42,840 Speaker 1: Okay, I think he's right on all of that. The 294 00:17:42,920 --> 00:17:46,879 Speaker 1: question is will people feel it by the time we 295 00:17:46,960 --> 00:17:51,640 Speaker 1: get to November. Will that economic boom register by November, 296 00:17:51,760 --> 00:17:54,480 Speaker 1: and that by the time people start to vote next year. 297 00:17:54,840 --> 00:17:57,639 Speaker 1: That is the number one question about what's going to 298 00:17:57,720 --> 00:18:00,800 Speaker 1: happen in the next calendar year. We'll talk about that. 299 00:18:00,880 --> 00:18:03,040 Speaker 1: Tons of you want a way in. I want to 300 00:18:03,080 --> 00:18:06,280 Speaker 1: tell you Rappid radios walkie talkies advanced versions of what 301 00:18:06,320 --> 00:18:08,480 Speaker 1: we all grew up with. His kids, I had a 302 00:18:08,520 --> 00:18:12,040 Speaker 1: Gi Joe walkie talkie. I loved it. My eleven year 303 00:18:12,040 --> 00:18:14,840 Speaker 1: old has a Rapid Radio walkie talkie. We have used 304 00:18:14,880 --> 00:18:17,960 Speaker 1: it on car trips. He absolutely loves it. It is 305 00:18:18,040 --> 00:18:20,760 Speaker 1: so cool. 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Check them out Rapid radios dot Com. Welcome 316 00:18:56,600 --> 00:19:00,399 Speaker 1: back in Clay Travis buck Sexton show a lot of 317 00:19:00,440 --> 00:19:05,080 Speaker 1: you wanting to weigh in on the current economics situation. 318 00:19:05,240 --> 00:19:07,800 Speaker 1: Let me hit you with a couple more of the 319 00:19:07,920 --> 00:19:11,119 Speaker 1: comments that President Trump made last night in his primetime 320 00:19:11,280 --> 00:19:16,960 Speaker 1: address from the White House. Again, inflation two point seven percent, 321 00:19:17,240 --> 00:19:21,760 Speaker 1: lowest in over four years, and the core inflation two 322 00:19:21,840 --> 00:19:27,720 Speaker 1: point six percent. We are narrowing and increasingly almost to 323 00:19:28,000 --> 00:19:33,280 Speaker 1: the Fed's overall goal for where inflation should be. Positive 324 00:19:33,280 --> 00:19:35,560 Speaker 1: news for those of you out there, I think one 325 00:19:35,600 --> 00:19:38,760 Speaker 1: point four to five million of you that are in 326 00:19:38,840 --> 00:19:44,159 Speaker 1: the current arm services. Trump announced a Warrior dividend seventeen 327 00:19:44,400 --> 00:19:49,200 Speaker 1: one hundred and seventy six dollars non taxable lump sum payment. 328 00:19:50,080 --> 00:19:52,440 Speaker 1: This is going to be very popular as we head 329 00:19:52,480 --> 00:19:53,840 Speaker 1: into the holiday season, cut for. 330 00:19:54,200 --> 00:19:57,840 Speaker 7: Because of tariffs. Along with the just past one big 331 00:19:57,880 --> 00:20:01,600 Speaker 7: beautiful bill tonight I am. I'm also proud to announce 332 00:20:02,160 --> 00:20:06,160 Speaker 7: that more than one thousand, four hundred fifty thousand, think 333 00:20:06,200 --> 00:20:11,000 Speaker 7: of this, one million, four hundred and fifty thousand military 334 00:20:11,119 --> 00:20:16,159 Speaker 7: service members will receive a special we call Warrior dividend 335 00:20:16,280 --> 00:20:20,920 Speaker 7: before Christmas. So Warrior Dividend, in honor of our nations 336 00:20:20,960 --> 00:20:25,120 Speaker 7: founding in seventeen seventy six, we are sending every soldier 337 00:20:25,680 --> 00:20:30,840 Speaker 7: one thousand, seven hundred and seventy six dollars. Think of that, 338 00:20:31,560 --> 00:20:36,320 Speaker 7: and the checks are already on the way. Nobody understood 339 00:20:36,320 --> 00:20:39,520 Speaker 7: that one until about thirty minutes ago. We made a 340 00:20:39,560 --> 00:20:42,359 Speaker 7: lot more money than anybody thought because of tariffs, and 341 00:20:42,400 --> 00:20:45,840 Speaker 7: the bill helped us along. Nobody deserves it more than 342 00:20:45,840 --> 00:20:49,160 Speaker 7: our military. And I say congratulations everybody. 343 00:20:50,359 --> 00:20:54,120 Speaker 1: That is very, very positive. So Merry Christmas to many 344 00:20:54,119 --> 00:20:56,080 Speaker 1: of you out there in the arms services. Let me 345 00:20:56,119 --> 00:20:57,840 Speaker 1: hit you with a couple of more comments and then 346 00:20:57,880 --> 00:21:01,719 Speaker 1: we'll go into the phone reactions. President Trump, for the 347 00:21:01,760 --> 00:21:05,520 Speaker 1: first time in fifty years, we are now seeing people 348 00:21:05,840 --> 00:21:10,160 Speaker 1: leaving the country as opposed to illegals coming into the country. 349 00:21:10,240 --> 00:21:10,760 Speaker 1: Cut five. 350 00:21:10,960 --> 00:21:13,719 Speaker 7: The worst thing that the Biden administration did to our 351 00:21:13,760 --> 00:21:18,399 Speaker 7: country is the invasion at the border. The last administration 352 00:21:18,560 --> 00:21:22,000 Speaker 7: and their allies and Congress brought in millions and millions 353 00:21:22,040 --> 00:21:25,680 Speaker 7: of migrants and gave them taxpayer funded housing while you're 354 00:21:25,760 --> 00:21:29,840 Speaker 7: rent and housing costs kyrocketed over sixty percent of growth 355 00:21:29,880 --> 00:21:33,240 Speaker 7: and the rental market came from foreign migrants. At the 356 00:21:33,240 --> 00:21:37,960 Speaker 7: same time, illegal aliens soul American jobs and flooded emergency rooms, 357 00:21:37,960 --> 00:21:41,400 Speaker 7: getting free health care and education paid for by you, 358 00:21:41,480 --> 00:21:44,920 Speaker 7: the American taxpayer. For the first time in fifty years. 359 00:21:44,960 --> 00:21:48,600 Speaker 7: We are now seeing reverse migration as migrants go back home, 360 00:21:49,040 --> 00:21:52,119 Speaker 7: leaving more housing and more jobs for Americans. 361 00:21:53,160 --> 00:21:55,439 Speaker 1: Okay, and one more cut and then we'll go to 362 00:21:55,480 --> 00:21:59,600 Speaker 1: some of your reactions. Get ready. Trump is saying that 363 00:21:59,760 --> 00:22:04,320 Speaker 1: this spring tax season, unfortunately, that we are projecting the 364 00:22:04,440 --> 00:22:08,040 Speaker 1: largest tax refunds of all time, cut six. 365 00:22:08,320 --> 00:22:11,320 Speaker 7: Next year, you will also see the results of the 366 00:22:11,400 --> 00:22:16,040 Speaker 7: largest tax cuts in American history that were really accomplished 367 00:22:16,080 --> 00:22:20,080 Speaker 7: through our great, big, beautiful bill, perhaps the most sweeping 368 00:22:20,160 --> 00:22:25,400 Speaker 7: legislation ever passed in Congress. We wrapped twelve different bills 369 00:22:25,480 --> 00:22:29,760 Speaker 7: up into one beautiful bill that includes no tax on tips, 370 00:22:29,880 --> 00:22:33,639 Speaker 7: no tax on overtime, and no tax on Social Security 371 00:22:34,080 --> 00:22:38,600 Speaker 7: for our great seniors. Under these cuts, many families will 372 00:22:38,600 --> 00:22:43,520 Speaker 7: be saving between eleven thousand and twenty thousand dollars a year, 373 00:22:43,960 --> 00:22:46,920 Speaker 7: and next spring is projected to be the largest tax 374 00:22:46,960 --> 00:22:48,200 Speaker 7: refund season. 375 00:22:48,200 --> 00:22:53,120 Speaker 1: Of all time. Okay, So that was President Trump last night. 376 00:22:53,160 --> 00:22:55,359 Speaker 1: We have been laying out exactly what happened. Let me 377 00:22:55,400 --> 00:23:00,440 Speaker 1: hit you with this Andy from Minnesota. This is exactly 378 00:23:00,480 --> 00:23:03,000 Speaker 1: what I'm talking about when it comes to the housing market. 379 00:23:03,400 --> 00:23:06,080 Speaker 1: So many people who are fortunate enough to get great 380 00:23:06,359 --> 00:23:09,880 Speaker 1: low interest rates are just not going to move because 381 00:23:10,160 --> 00:23:13,080 Speaker 1: the interest rates have not come back down anywhere close 382 00:23:13,160 --> 00:23:16,760 Speaker 1: to what they used to be. Here is Andy and Minnesota. 383 00:23:17,280 --> 00:23:18,959 Speaker 1: Listen to his story. I think a lot of you 384 00:23:19,640 --> 00:23:23,320 Speaker 1: will understand and also not along because it is a 385 00:23:23,359 --> 00:23:27,320 Speaker 1: primary factor here in the way that the economy is stuck, 386 00:23:27,440 --> 00:23:29,000 Speaker 1: particularly relating to housing. 387 00:23:29,760 --> 00:23:33,680 Speaker 8: Andy outa Minnesota here, My wife and I have been 388 00:23:33,720 --> 00:23:36,520 Speaker 8: talking about moving out of this hellhole state into one 389 00:23:36,520 --> 00:23:39,680 Speaker 8: that mora aligns with our beliefs. But we're stuck because 390 00:23:39,720 --> 00:23:41,640 Speaker 8: we're at a two and a half percent interest rate. 391 00:23:41,840 --> 00:23:45,080 Speaker 8: I couldn't afford half the house nowadays as the new rate, 392 00:23:45,320 --> 00:23:48,160 Speaker 8: what the housing market is done, We're stuck here, whether 393 00:23:48,200 --> 00:23:48,959 Speaker 8: we like it or not. 394 00:23:49,840 --> 00:23:52,920 Speaker 1: And look, I think if you talk to people out 395 00:23:52,920 --> 00:23:55,320 Speaker 1: there in the mortgage industry, we are going to get 396 00:23:55,400 --> 00:23:59,960 Speaker 1: another Roughly, I think this is my projection in twenty twenty. 397 00:24:00,720 --> 00:24:02,399 Speaker 1: I think it is likely that we are going to 398 00:24:02,480 --> 00:24:06,159 Speaker 1: have another three quarter point or one point decline in 399 00:24:06,200 --> 00:24:09,280 Speaker 1: the feder rate, which is going to bring mortgage rates 400 00:24:09,359 --> 00:24:13,879 Speaker 1: back down into the fives. Hopefully the high fours not 401 00:24:14,000 --> 00:24:17,040 Speaker 1: as good as they were in twenty twenty one. But 402 00:24:17,200 --> 00:24:20,240 Speaker 1: borrowing costs are going to come down substantially, and I 403 00:24:20,280 --> 00:24:22,920 Speaker 1: think that's going to start to free up the housing market, 404 00:24:23,080 --> 00:24:25,160 Speaker 1: because you might not be willing to move if you're 405 00:24:25,160 --> 00:24:27,040 Speaker 1: having to go from a two and a half to 406 00:24:27,200 --> 00:24:29,639 Speaker 1: a six. But if you're going from a two and 407 00:24:29,640 --> 00:24:31,960 Speaker 1: a half percent interest rate to a four and a 408 00:24:32,000 --> 00:24:34,760 Speaker 1: half percent interest rate or a five percent interest rate, 409 00:24:35,119 --> 00:24:37,080 Speaker 1: maybe it starts to make a little bit more sense. 410 00:24:37,640 --> 00:24:42,600 Speaker 1: Let's see Gary and Houston. You want to weigh in 411 00:24:42,760 --> 00:24:45,399 Speaker 1: on what President Trump was talking about when it comes 412 00:24:45,400 --> 00:24:48,960 Speaker 1: to cost of rent. We got about two million illegals 413 00:24:48,960 --> 00:24:52,800 Speaker 1: that have lost the country, left the country, and now 414 00:24:53,240 --> 00:24:56,520 Speaker 1: rents are starting to dial back as a result. It's 415 00:24:56,560 --> 00:24:59,080 Speaker 1: basic supply and demand. Gary, what you got for us? 416 00:25:00,680 --> 00:25:05,639 Speaker 6: Well, just as President Trump said, the impact of the 417 00:25:05,680 --> 00:25:08,880 Speaker 6: illegal aliens of millions of aliens, we had a huge 418 00:25:08,880 --> 00:25:13,800 Speaker 6: impact on rent, but everything else was as a result 419 00:25:13,680 --> 00:25:17,399 Speaker 6: in plated and supply and demand a lot more, a 420 00:25:17,480 --> 00:25:21,879 Speaker 6: lot more demand and no more supply, everything goes up. 421 00:25:22,640 --> 00:25:22,960 Speaker 1: Thank you. 422 00:25:23,040 --> 00:25:26,919 Speaker 6: Thank the impact of the illegal aliens. We don't have 423 00:25:27,000 --> 00:25:28,080 Speaker 6: any idea how much. 424 00:25:28,040 --> 00:25:30,320 Speaker 3: Is concious Thank you. 425 00:25:30,560 --> 00:25:33,000 Speaker 1: I think he's one hundred percent. Right. Uh, I believe 426 00:25:33,119 --> 00:25:35,879 Speaker 1: in general that you're going to start to see some 427 00:25:36,000 --> 00:25:38,600 Speaker 1: of these rents dial back. Look, there are two things 428 00:25:38,600 --> 00:25:41,240 Speaker 1: that I think are moving in a positive direction when 429 00:25:41,240 --> 00:25:45,080 Speaker 1: it comes to cost of rent. One is the illegal 430 00:25:45,200 --> 00:25:50,160 Speaker 1: immigrants leaving is driving down the people who are buying 431 00:25:50,240 --> 00:25:56,320 Speaker 1: up and renting. Two, supply continues to grow in many 432 00:25:56,359 --> 00:25:59,760 Speaker 1: parts of the country, and that combination of the two 433 00:26:00,240 --> 00:26:04,240 Speaker 1: will bring cost of goods back down to a reasonable area. 434 00:26:04,960 --> 00:26:07,280 Speaker 1: Let's see, we got a bunch of people who want 435 00:26:07,280 --> 00:26:10,680 Speaker 1: to weigh in. Oh, Bill, Bill in Wisconsin, you think 436 00:26:10,720 --> 00:26:13,000 Speaker 1: the Biden economy was actually great? 437 00:26:14,440 --> 00:26:17,399 Speaker 3: Well, what was the rate of unemployment? Just tell me 438 00:26:17,560 --> 00:26:20,520 Speaker 3: what it was then? And now? How many were more 439 00:26:20,560 --> 00:26:23,600 Speaker 3: people employed or less people employed? What's the answer? 440 00:26:24,000 --> 00:26:27,119 Speaker 1: Well, the answer is that there were actually most of 441 00:26:27,240 --> 00:26:33,200 Speaker 1: Joe Biden's employment growth was actually in illegal immigrants Americans 442 00:26:33,240 --> 00:26:35,520 Speaker 1: who lived in the country. Mind this is true. 443 00:26:35,600 --> 00:26:39,240 Speaker 3: Come on, come on, you know, okay, let's talk about 444 00:26:39,240 --> 00:26:43,160 Speaker 3: the illegals. Let's talk about them. When we didn't have 445 00:26:43,280 --> 00:26:47,080 Speaker 3: these closed borders. Do you know how many illegals were 446 00:26:47,119 --> 00:26:51,199 Speaker 3: paying taxes to America and they weren't getting cadillacs and 447 00:26:51,240 --> 00:26:53,040 Speaker 3: they weren't getting free phones. 448 00:26:52,680 --> 00:26:56,440 Speaker 1: In Well, okay, you think we should have more illegal 449 00:26:56,560 --> 00:26:59,560 Speaker 1: immigration in the country. What is the right number of 450 00:26:59,640 --> 00:27:02,800 Speaker 1: elite immigrants that you would like to see here? Because 451 00:27:02,800 --> 00:27:05,639 Speaker 1: Biden let in around ten million that we know of 452 00:27:05,720 --> 00:27:09,240 Speaker 1: the illegals into the country, what would the right number 453 00:27:09,280 --> 00:27:11,840 Speaker 1: have been? Should we have let twenty million in thirty million? 454 00:27:11,880 --> 00:27:12,920 Speaker 1: What do you think the right numbers? 455 00:27:13,440 --> 00:27:16,560 Speaker 3: We could do a wonderful job of bringing people into 456 00:27:16,600 --> 00:27:20,320 Speaker 3: this country without concertina wire and everything else. The right 457 00:27:20,359 --> 00:27:22,880 Speaker 3: amount of numbers? So you want amount of number? Is this? 458 00:27:23,119 --> 00:27:25,560 Speaker 3: Here's the right amount of number, the number that the 459 00:27:25,640 --> 00:27:26,679 Speaker 3: country can handle. 460 00:27:27,000 --> 00:27:28,200 Speaker 1: Now, okay, what's that number. 461 00:27:28,280 --> 00:27:29,960 Speaker 3: I'm not gonna say fifty million? 462 00:27:30,600 --> 00:27:32,919 Speaker 1: Go ahead, No, what number do you think that is? 463 00:27:34,119 --> 00:27:36,359 Speaker 3: Okay, what number? I'll say ten million? 464 00:27:36,960 --> 00:27:39,600 Speaker 1: Okay, So you think Biden and the border because he 465 00:27:39,680 --> 00:27:42,000 Speaker 1: let in ten million, you think he did a good 466 00:27:42,040 --> 00:27:42,879 Speaker 1: job at the border? 467 00:27:43,920 --> 00:27:47,399 Speaker 3: Well, did were we spending all the money? The billions 468 00:27:47,480 --> 00:27:52,200 Speaker 3: maybe trillions on ice? Were we spending all that wasteful 469 00:27:52,280 --> 00:27:57,000 Speaker 3: money tracking these people down who didn't have half the 470 00:27:57,119 --> 00:27:59,320 Speaker 3: felonies that your president has? 471 00:27:59,480 --> 00:28:01,480 Speaker 1: Okay, well, how often do you listen to the show? 472 00:28:02,640 --> 00:28:04,320 Speaker 3: I listened to a lot of used to listen to 473 00:28:04,400 --> 00:28:05,440 Speaker 3: Rush Limbaugh before. 474 00:28:05,520 --> 00:28:08,719 Speaker 1: Okay, so did you what what do I say or 475 00:28:08,800 --> 00:28:10,560 Speaker 1: does buck say that you agree with? 476 00:28:12,080 --> 00:28:12,439 Speaker 9: Well? 477 00:28:12,480 --> 00:28:12,679 Speaker 8: You do? 478 00:28:12,840 --> 00:28:15,159 Speaker 3: I mean, yeah, there's there's points to agree with. We 479 00:28:15,280 --> 00:28:18,399 Speaker 3: can find. You brought up something the other day that 480 00:28:18,520 --> 00:28:20,879 Speaker 3: I thought, Now we're on the same page. You know, 481 00:28:21,160 --> 00:28:23,679 Speaker 3: I grew up in the era of Dwight Eisenhower and 482 00:28:23,720 --> 00:28:26,160 Speaker 3: I met I'm older than you are, a lot older. 483 00:28:26,560 --> 00:28:31,439 Speaker 3: Back then, we had something called honesty, integrity, diplomacy, and humanitarianism. 484 00:28:31,880 --> 00:28:36,880 Speaker 3: That's all gone, presently all gone. It's important for president. 485 00:28:37,560 --> 00:28:39,360 Speaker 1: Did you have a President Trump or Kamala? 486 00:28:41,240 --> 00:28:43,800 Speaker 3: Kamala without a doubt, I mean, she's educated. 487 00:28:44,760 --> 00:28:48,160 Speaker 1: Okay, so you wish that we had Kamala Harris, you 488 00:28:48,240 --> 00:28:50,440 Speaker 1: were I'm assuming a white dude for Kamala. 489 00:28:51,560 --> 00:28:54,000 Speaker 3: Yes, I wasn't. Wait, due, you're done right, because she 490 00:28:54,160 --> 00:28:57,240 Speaker 3: had as a for a lady, she had a backbot, 491 00:28:58,320 --> 00:29:01,160 Speaker 3: she stood when she made him a stake, she dealt 492 00:29:01,200 --> 00:29:04,440 Speaker 3: with it. She didn't blame it on somebody else. She 493 00:29:04,680 --> 00:29:08,200 Speaker 3: was had character. This guy you've got now, remember he's 494 00:29:08,200 --> 00:29:09,160 Speaker 3: a touch show host. 495 00:29:09,560 --> 00:29:11,880 Speaker 1: Yeah, but that's all I He's a to show. How 496 00:29:11,960 --> 00:29:13,200 Speaker 1: do you think I would do as president. 497 00:29:14,240 --> 00:29:16,040 Speaker 3: By the way, I gotta say something for you on 498 00:29:16,120 --> 00:29:17,880 Speaker 3: your behalf. I want to give you a pat in 499 00:29:17,880 --> 00:29:20,680 Speaker 3: the back, and I'm not joking. Thanks for at least 500 00:29:20,720 --> 00:29:24,280 Speaker 3: having an open end debate. I appreciate that with Americans. 501 00:29:24,560 --> 00:29:27,600 Speaker 1: Well, thank you for listening more of it. Thank I 502 00:29:27,760 --> 00:29:30,000 Speaker 1: do agree we need more debate. Thank you for listening. Bill. 503 00:29:30,280 --> 00:29:32,440 Speaker 1: I didn't know that Bill in Wisconsin was going to 504 00:29:32,480 --> 00:29:34,520 Speaker 1: call in and be a white dude for Harris and say, hey, 505 00:29:34,520 --> 00:29:37,400 Speaker 1: we need more open borders. I actually think that, you know, 506 00:29:37,400 --> 00:29:38,640 Speaker 1: if some of you are going to say, oh, Bill, 507 00:29:38,680 --> 00:29:41,080 Speaker 1: you know, it's crazy, I don't agree with. I actually 508 00:29:41,240 --> 00:29:46,040 Speaker 1: appreciate when people just own what they think. Most people 509 00:29:46,120 --> 00:29:49,520 Speaker 1: won't say what Bill said. This is the question. Look, 510 00:29:49,560 --> 00:29:51,720 Speaker 1: I would love to have Kamala Harris on this program 511 00:29:52,160 --> 00:29:55,520 Speaker 1: because the question that Bill was asked is one that 512 00:29:55,560 --> 00:29:58,880 Speaker 1: I think Democrats should have to answer. Okay, we need 513 00:29:58,920 --> 00:30:03,760 Speaker 1: more immigration. What is the number of people that would 514 00:30:03,800 --> 00:30:06,920 Speaker 1: be too many to come into the country right because look, 515 00:30:06,960 --> 00:30:10,160 Speaker 1: I mean there are eight billion people that live in 516 00:30:10,200 --> 00:30:14,400 Speaker 1: the world right now. Eight billion, Okay, h we are 517 00:30:14,480 --> 00:30:17,480 Speaker 1: so incredibly fortunate to be around. I think the population 518 00:30:17,520 --> 00:30:19,880 Speaker 1: of the United States around three hundred and forty million. 519 00:30:20,640 --> 00:30:22,800 Speaker 1: And here's a great stat for you. How big is 520 00:30:22,840 --> 00:30:27,800 Speaker 1: this country? Do you know that just in Texas, every 521 00:30:27,920 --> 00:30:32,280 Speaker 1: single American could live in Texas on a one acre 522 00:30:32,840 --> 00:30:36,680 Speaker 1: yard and the rest of the country could still be empty. 523 00:30:37,640 --> 00:30:40,080 Speaker 1: Think about that. That's how big the state of Texas is. 524 00:30:40,120 --> 00:30:43,080 Speaker 1: But that's how vast the country is. Okay, But at 525 00:30:43,120 --> 00:30:46,720 Speaker 1: some point in time there is a number where we 526 00:30:46,760 --> 00:30:49,880 Speaker 1: sit around and say, there's eight billion people in the world. 527 00:30:50,440 --> 00:30:54,200 Speaker 1: I bet that seven billion of them, if you ask them, 528 00:30:54,600 --> 00:30:56,760 Speaker 1: would say, yeah, I would like to live in the 529 00:30:56,840 --> 00:31:01,280 Speaker 1: United States. I really believe that. I think huge majorities 530 00:31:01,320 --> 00:31:04,920 Speaker 1: of people in Asia and Africa and Europe and everywhere 531 00:31:04,920 --> 00:31:07,600 Speaker 1: around the world. I think if you said, despite the 532 00:31:07,600 --> 00:31:09,640 Speaker 1: fact that people say, oh I hate America, now, you 533 00:31:09,640 --> 00:31:12,160 Speaker 1: could pick any country in the world to live in, 534 00:31:12,640 --> 00:31:15,160 Speaker 1: I think about seven billion of those people, if they 535 00:31:15,200 --> 00:31:16,920 Speaker 1: were being honest, would say, I'd like to live in 536 00:31:16,920 --> 00:31:19,160 Speaker 1: the United States. So for those of us that are 537 00:31:19,160 --> 00:31:21,720 Speaker 1: born in the United States, we have received the greatest 538 00:31:21,760 --> 00:31:24,280 Speaker 1: gift that could ever be out there that we were 539 00:31:24,280 --> 00:31:26,040 Speaker 1: born in America and we get to live in the 540 00:31:26,040 --> 00:31:28,800 Speaker 1: greatest country, the wealthiest country, the freest country that I 541 00:31:28,840 --> 00:31:31,120 Speaker 1: believe has ever existed in the history of the world. 542 00:31:31,280 --> 00:31:33,320 Speaker 1: And the way Warren Buffett puts it is I think 543 00:31:33,400 --> 00:31:36,640 Speaker 1: such a great way of thinking about it. He says, Look, 544 00:31:36,680 --> 00:31:40,640 Speaker 1: if every person in the world was a marble, and 545 00:31:40,680 --> 00:31:43,200 Speaker 1: there was just a big collection of all those marbles, 546 00:31:43,600 --> 00:31:46,320 Speaker 1: and you had your marble and that represented the life 547 00:31:46,320 --> 00:31:49,920 Speaker 1: that you are living today, would you trade your marble 548 00:31:50,000 --> 00:31:52,640 Speaker 1: with a random marble that you could just pull out 549 00:31:52,680 --> 00:31:57,720 Speaker 1: of that eight billion? And he says, and this is true. Basically, 550 00:31:57,800 --> 00:32:02,000 Speaker 1: no American should ever make that traue. That is, no 551 00:32:02,000 --> 00:32:06,720 Speaker 1: matter what life you are living. Right now, almost every 552 00:32:06,760 --> 00:32:11,080 Speaker 1: American is wealthier than who you would draw out. It's 553 00:32:11,120 --> 00:32:16,360 Speaker 1: a good stat The poorest Americans are far wealthier than 554 00:32:16,480 --> 00:32:19,920 Speaker 1: almost the wealthiest people who live in most countries around 555 00:32:19,960 --> 00:32:23,160 Speaker 1: the world. The poorest Americans would be in the top 556 00:32:23,280 --> 00:32:28,320 Speaker 1: twenty percent wealthiest people in India right now. Right The 557 00:32:28,440 --> 00:32:31,680 Speaker 1: standard of living here, even for the people who are 558 00:32:31,800 --> 00:32:34,719 Speaker 1: the bottom of the economic ladder in the United States, 559 00:32:35,000 --> 00:32:38,920 Speaker 1: is vastly higher than almost the peak for the vast 560 00:32:38,960 --> 00:32:42,680 Speaker 1: majority of the world. So everybody wants to come here. 561 00:32:43,720 --> 00:32:49,400 Speaker 1: My argument would be that we should have almost almost no, 562 00:32:50,520 --> 00:32:54,360 Speaker 1: almost no zero people who come into this country and 563 00:32:54,440 --> 00:32:57,440 Speaker 1: aren't able to immediately make a living. If you're going 564 00:32:57,520 --> 00:32:59,240 Speaker 1: to become a ward of the state, if you're going 565 00:32:59,280 --> 00:33:01,320 Speaker 1: to need work, well fair, you should never be allowed 566 00:33:01,360 --> 00:33:04,640 Speaker 1: to come in here. And so anyway, I appreciate that call. 567 00:33:04,960 --> 00:33:06,720 Speaker 1: Eight hundred and two A two two eight A two. 568 00:33:06,760 --> 00:33:09,360 Speaker 1: You guys can weigh in on the talkbacks as well. 569 00:33:10,000 --> 00:33:11,800 Speaker 1: I don't know how many white dudes for Harris out 570 00:33:11,800 --> 00:33:14,520 Speaker 1: there listen every day, but hopefully over time we're convincing 571 00:33:14,560 --> 00:33:17,240 Speaker 1: you that we've got better arguments. Look, when it comes 572 00:33:17,240 --> 00:33:19,600 Speaker 1: to equipping your home with self protection tools, you want 573 00:33:19,640 --> 00:33:23,760 Speaker 1: Saber products, Saber number one pepper spray brand, trusted by 574 00:33:23,840 --> 00:33:29,160 Speaker 1: law enforcement, Saber spelled, Sabre website, saberradio dot com. 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Get hooked up right now. 584 00:34:01,440 --> 00:34:06,000 Speaker 1: You can save fifteen percent at Saberradio at Saber dot com. 585 00:34:06,040 --> 00:34:10,400 Speaker 1: That's SA b r E Radio dot com again, fifteen 586 00:34:10,480 --> 00:34:14,640 Speaker 1: percent Saberradio dot com eight four four eight two four 587 00:34:14,960 --> 00:34:20,279 Speaker 1: sa FE. Sometimes all you can do is laugh, and 588 00:34:20,320 --> 00:34:22,719 Speaker 1: they do a lot of it with the Sunday hang 589 00:34:23,239 --> 00:34:26,120 Speaker 1: Join Clay and Buck as they laugh it up in 590 00:34:26,160 --> 00:34:29,080 Speaker 1: the Clay and Buck podcast beat on the iHeartRadio app 591 00:34:29,239 --> 00:34:32,720 Speaker 1: or wherever you get your podcasts. Welcome back in Clay 592 00:34:32,800 --> 00:34:37,080 Speaker 1: Travis Buck Sexton Show. Appreciate all of you hanging out 593 00:34:37,200 --> 00:34:42,239 Speaker 1: with us as we are rolling through the Thursday edition 594 00:34:42,480 --> 00:34:45,360 Speaker 1: of the program. So many of you out there reacting. 595 00:34:45,440 --> 00:34:47,200 Speaker 1: Let me hit a couple more of your calls. Will 596 00:34:47,239 --> 00:34:50,640 Speaker 1: continue to take your calls throughout the course of the show. 597 00:34:51,200 --> 00:34:54,720 Speaker 1: A lot of reaction to our white dude for Kamala 598 00:34:54,800 --> 00:34:59,920 Speaker 1: from Milwaukee. Appreciate him listening out there. Nate in New Hampshire, 599 00:35:00,120 --> 00:35:01,799 Speaker 1: you have a little bit of a different take than 600 00:35:02,360 --> 00:35:05,960 Speaker 1: our caller in the Wisconsin area. 601 00:35:07,719 --> 00:35:12,440 Speaker 9: Yeah, Hi, Clay, thank you for taking my call. Yeah, 602 00:35:11,600 --> 00:35:15,720 Speaker 9: I from my personal experience, I'm not an economist or anything, 603 00:35:16,200 --> 00:35:20,640 Speaker 9: but during the first Trump administration and now this Trump administration. 604 00:35:20,880 --> 00:35:25,840 Speaker 9: I have found that there is a lot more optimism 605 00:35:26,200 --> 00:35:30,360 Speaker 9: and happiness in the American people in general. This is 606 00:35:30,440 --> 00:35:34,400 Speaker 9: just what I have found. I can't give you numbers 607 00:35:34,400 --> 00:35:38,080 Speaker 9: because I'm not, but people, in my opinion, seem to 608 00:35:38,080 --> 00:35:41,520 Speaker 9: be a lot more optimistic and a lot happier. And 609 00:35:41,960 --> 00:35:45,799 Speaker 9: that seems to reflect in my opinion, in the economy. 610 00:35:45,800 --> 00:35:48,239 Speaker 9: People when they're more optimistic and more happy, they're more 611 00:35:48,239 --> 00:35:51,000 Speaker 9: willing to open up their wallet and spend more and 612 00:35:52,320 --> 00:35:57,440 Speaker 9: save more, and just it just is a way better feeling. 613 00:35:57,640 --> 00:36:01,239 Speaker 9: And the two best times in my entire life have 614 00:36:01,360 --> 00:36:04,279 Speaker 9: been under the Trump administration. And I'm just I thank 615 00:36:04,320 --> 00:36:08,360 Speaker 9: God every day for Trump being in office, and also 616 00:36:08,400 --> 00:36:10,760 Speaker 9: for you and Buck and I just love you guys. 617 00:36:11,960 --> 00:36:12,680 Speaker 1: Thank you so much. 618 00:36:12,760 --> 00:36:13,000 Speaker 9: Nate. 619 00:36:13,239 --> 00:36:15,640 Speaker 1: We're going to a break at the end of the hour. 620 00:36:15,880 --> 00:36:18,319 Speaker 1: It's hard to get a vibe check on a nation 621 00:36:18,440 --> 00:36:21,600 Speaker 1: as big as this country is, but I do think 622 00:36:21,640 --> 00:36:24,759 Speaker 1: the overall vibe is positive as we roll into twenty 623 00:36:24,800 --> 00:36:27,359 Speaker 1: twenty six, continue to take your calls and I'll break 624 00:36:27,400 --> 00:36:29,640 Speaker 1: down the latest on that Brown University shooting.