Speaker 1: Broadcasting live from the Abraham Lincoln Radio Studio, the George
Speaker 1: Washington Broadcast Center, Jack Armstrong and Joe Catty Armstrong.
Speaker 2: And Jettie and he arms Strong and Strong.
Speaker 3: Welcome to a replay of the Armstrong and Getty Show.
Speaker 3: We are on vacation, but boy, do we have some
Speaker 3: good stuff for you. Yes, indeed we do.
Speaker 4: And if you want to catch up on your ang
Speaker 4: listening during your travels, remember grab the podcast Armstrong and
Speaker 4: Getty on demand. You ought to subscribe wherever you like
Speaker 4: to get podcasts. Now on with the infotainment and interesting
Speaker 4: story in the Wall Street Journal America's new millionaire class
Speaker 4: plumbers and hvac entrepreneurs, and it's well, it's what the
Speaker 4: headline would suggest. There's one twist to it. But I'm
Speaker 4: reminded of something that I We've been saying for years.
Speaker 4: The virtually every election comes down to how much the
Speaker 4: government is going to give you, and most of it's phony.
Speaker 4: Sure looks like it right now of other people's tax
Speaker 4: moment with both candidates claiming all kinds of things are
Speaker 4: going to give you, or a wave is a fee
Speaker 4: or whatever, just laying out the gifts and the handouts
Speaker 4: and the new programs and the rest of it. When
Speaker 4: it's funny that ninety well that's not true anymore. The
Speaker 4: vast majority of us we make a living, we have
Speaker 4: a job, and we you know, the government's involved in
Speaker 4: our lives, but more than we want. And it's just
Speaker 4: the idea of that, well I'm going to vote for
Speaker 4: who gives me the most is just ugly to me anyway. Yeah,
Speaker 4: it's never been part of my life. And oh that
Speaker 4: gets back to you know what I've always tried to
Speaker 4: lay out, and I wish Conservative America was better at this.
Speaker 4: And I'm not claiming some sort of mantle as some
Speaker 4: sort of eloquent hero, but I've always said I've come
Speaker 4: up with this program where you can feed, clothe, educate,
Speaker 4: and medicate ten to ten thousand families and it's not
Speaker 4: going to cost a dime of taxpayer money. It's called
Speaker 4: starting a business and growing it to success.
Speaker 2: Where is that in our political discussions?
Speaker 4: That is the engine of prosperity, The engine the government
Speaker 4: handout stuff is crumbs around the edges.
Speaker 3: I hate for this to be true, but I think
Speaker 3: the reason you don't pitch that as an argument is
Speaker 3: because there are enough people that are going to decide
Speaker 3: the election. That are that other thing you were talking about, Yeah,
Speaker 3: what are you going to give me without me doing
Speaker 3: anything for it? Really, you start talking about starting a
Speaker 3: business and all that sort of stuff, that's a lot
Speaker 3: of work.
Speaker 4: And the politics of envy has been so successful in
Speaker 4: convincing people that the successful have done something untoward to
Speaker 4: get there. They should be resented for that success. They
Speaker 4: have stolen from you. If they have more than you,
Speaker 4: it's because they have stolen from you, which was not
Speaker 4: culturally the attitude in the United States up until very
Speaker 4: very recently.
Speaker 3: Oh, I heard a great thing yesterday on that from
Speaker 3: Jonah Goldberg of The Dispatch that he regularly says in
Speaker 3: his speeches, I guess when people talk about why is
Speaker 3: there poverty? He says, that's not the question. There's always
Speaker 3: been poverty. Poverty is the natural state of human beings. Yes,
Speaker 3: why is their wealth is the question? And then you
Speaker 3: get into the discussion of how capitalism creates wealth. Poverty
Speaker 3: is the way it would be for everyone. If you
Speaker 3: didn't have capitalism, we'd all be poor. It's not like
Speaker 3: we'd all have, you know, nice sized homes and cars
Speaker 3: and go on vacations and a comfortable retirement.
Speaker 2: Yeah. Yeah, that's not the natural state of things, right.
Speaker 4: And my only quibbal with Jonah, who's absolutely right, is
Speaker 4: that because of the resentment of quote unquote wealth, you
Speaker 4: could break it down to never mind why there's poverty,
Speaker 4: why is there housing, why is their food to eat?
Speaker 4: Why is their medical care? How did this happen? And
Speaker 4: we've just gotten away from that as a culture again
Speaker 4: because the politics of envy works.
Speaker 3: And digression number ten before you get to your main point, Yes,
Speaker 3: when I said I've never voted for somebody given me stuff,
Speaker 3: I think that's factually true. But if you are to
Speaker 3: the left, you'd say, yeah, you vote for people who
Speaker 3: who want lower taxes, are going to lower taxes, and
Speaker 3: they're giving you money.
Speaker 4: As opposed to I'm keeping my own. Letting me keep
Speaker 4: my money is not giving me anything. But yeah, you're
Speaker 4: absolutely right. So this article in the Wall Street Journal
Speaker 4: is interesting. It is absolutely on the side of folks
Speaker 4: who build, learn a skill, build a business, hire others,
Speaker 4: teach them to do that business and grow it. One
Speaker 4: interesting wrinkle is that it's all about how private equity
Speaker 4: is now recognizing how the HVAC business. The plumbing business
Speaker 4: are good solid electrical contractors too. They're good, solid, profitable businesses.
Speaker 4: And so venture capital is moving in and buying up
Speaker 4: these businesses, private equity businesses. They hope to profit by
Speaker 4: running larger, more profitable operations, more efficient, etc.
Speaker 3: Well, we endorse a heating and air company, Fantastic One.
Speaker 3: And I remember when we were talking to him last
Speaker 3: year and he was telling us what people can make
Speaker 3: to start. Yeah, and he can't find workers and they'll
Speaker 3: train them right right, And there's some concern that.
Speaker 4: And you do have to watch for this if you've
Speaker 4: been with a company for a long time. Joe Hvac
Speaker 4: who learned the trade, smart guy, gal family entrepreneur, hired people,
Speaker 4: grew it, etc. Then they sell to the private equity
Speaker 4: company and it becomes a different company. Yeah, standards of
Speaker 4: service change, priorities change, that sort of thing.
Speaker 3: What happens with everything, absolutely everything, Oh yeah, not just companies,
Speaker 3: practically everything. You go and buy in a store that
Speaker 3: has a name brand, and I'm thinking of a home depot,
Speaker 3: so many different brands of things at Home Depot built
Speaker 3: their reputation years ago on being super quality items that
Speaker 3: aren't crap. Yes, because they're you know, they're run by
Speaker 3: what you're just talking about.
Speaker 4: The wave of investment is minting a new class of
Speaker 4: millionaires across the country, one that small business owners say
Speaker 4: is helping add more shine to working with a tool belt.
Speaker 2: Some of us don't need more shine for that.
Speaker 4: But anyway, you don't need to go to Silicon Valley
Speaker 4: to have a successful career. An entrepreneur Real Opportunities, said
Speaker 4: this fellow with Detroit based private equity company that is
Speaker 4: doing a lot of investment in service companies.
Speaker 2: You know, I well, never mind.
Speaker 4: I was about to go off on a personal tangent,
Speaker 4: but we have a ten tangent limit and we've exceeded it.
Speaker 2: Why does everybody say space these days?
Speaker 4: Quote, everybody in their uncle owns an HVAC business in
Speaker 4: the private equity space.
Speaker 2: Today, he said. Another guy that's hip.
Speaker 4: This private equity company, Redwood Services.
Speaker 2: Where are they based? It doesn't matter, Tucson.
Speaker 4: Interesting they've required acquired thirty five companies in the past
Speaker 4: four years, from small to large. In the services trades
Speaker 4: have long offered a solidly hourly wage for workers without
Speaker 4: college degrees, also springboards for those with bigger entrepreneurial ambitions.
Speaker 2: Goodness knows that is true.
Speaker 4: Wow, this guy spent five years in prison for selling
Speaker 4: meth before he co founded his plumbing business and now
Speaker 4: he's an entrepreneur. He was selling meth and now he's
Speaker 4: got a legitimate business. But it was in sales. Honestly,
Speaker 4: you know, that's funny but true. I absolutely believe in
Speaker 4: second chances for people.
Speaker 2: I'm a one strike you're out guy.
Speaker 4: Wow, that's hard anyway, Saudi Arabia is calling, But yeah,
Speaker 4: there is an element to that. He grew up in
Speaker 4: a hard scrabble place where that was the entrepreneurial opportunity
Speaker 4: and something open.
Speaker 2: Well, he learned the trade.
Speaker 4: I don't know if it was in prison or what,
Speaker 4: but he learned the trade and realized, oh, there are
Speaker 4: better entrepreneurial opportunities than selling death to people.
Speaker 2: Anyway. Ain't that America for you and me? Land of
Speaker 2: the Free? Anyway?
Speaker 3: I'm amazed by all you small business owners because you
Speaker 3: work so hard and you got everything on the line
Speaker 3: every day.
Speaker 2: Yeah, I don't know how you. I really don't know
Speaker 2: how you do it.
Speaker 4: That is why I so resent and I'm so strongly
Speaker 4: against this idiotic, nonsensical idea that we're going to raise
Speaker 4: business taxes because businesses have to pay their fair share.
Speaker 4: Like everybody who runs a business is crazy wealthy. I
Speaker 4: know a lot of small business people and entrepreneurs who
Speaker 4: draw what they have to to keep a roof over
Speaker 4: their head, and they pour everything else back into the
Speaker 4: business hours they work are insane, right, pardon, pardon my
Speaker 4: French folks, but I'll say gun instead of the B
Speaker 4: word I heard many years ago. You want to work
Speaker 4: for yourself, You're gonna hate the son of a gun.
Speaker 4: You're gonna hate your boss because he won't let you
Speaker 4: have saturdays off or holidays or going to work you
Speaker 4: like you've never worked before.
Speaker 2: You know, stay home when you're sick. He's not gonna
Speaker 2: let you.
Speaker 4: Yeah, So here's to you, entrepreneurs and small business owners.
Speaker 4: May a private equity firm buy you out and I'll
Speaker 4: see on the golf.
Speaker 2: Course, I guess you can buy the drinks because you'll
Speaker 2: be richer than me.
Speaker 5: Armstrong and.
Speaker 1: Jack Armstrong and Joe Getty, the Armstrong and Getty Show.
Speaker 4: So the sentencing of all of those activists and politicians
Speaker 4: and journalists in Hong Kong, it just reminds me how
Speaker 4: incredibly fragile. A free system is unless it will defend
Speaker 4: itself by arms. I mean because Hong Kong was a
Speaker 4: robust democracy, very wealthy, very educated, with every interest in
Speaker 4: protecting itself, and it couldn't. It was just it was
Speaker 4: bullied into submission and quickly. I'm reminded of one of
Speaker 4: my favorite memes, partly because it's a little snarky, but
Speaker 4: it's also funny. George Washington didn't use his freedom of
Speaker 4: speech to beat the British. He shot them. That's the
Speaker 4: only way to resist aggression. You can't talk a predator
Speaker 4: out of predating.
Speaker 3: I have to look into this after the show as
Speaker 3: trying to confirm that Chinese stuff that I read and
Speaker 3: figure out.
Speaker 2: As real or not.
Speaker 3: This does not get the attention it deserves the rising China.
Speaker 3: According to the report that I read, and again, whether
Speaker 3: he said it to Biden or not, whether it's just
Speaker 3: stuff being put out by the Chinese, it was a
Speaker 3: It was a lot of language like you're not the
Speaker 3: only nuclear power on earth and just you know, very
Speaker 3: very push pushback. E this means war.
Speaker 2: Oh.
Speaker 3: He laid out, actually laid out four red lines for
Speaker 3: China that the US better not cross that sort of thing.
Speaker 4: Yeah, well, we'll see bra from the perspective of if
Speaker 4: we were attacked by Martians, we would all come together.
Speaker 2: On Earth.
Speaker 4: We have been so obsessed with are internal divisions. I
Speaker 4: think that's why most Americans are unaware of the threats
Speaker 4: from abroad.
Speaker 2: Yeah. Probably so.
Speaker 3: Big study that came out today and this was in
Speaker 3: the New York Times, China has now surpassed Europe as
Speaker 3: the second all time leading polluter on planet Earth. I'm
Speaker 3: not sure how much I care about the historical polluting
Speaker 3: that's gone on, but the climate change people care about
Speaker 3: it a lot because we polluted more throughout the history
Speaker 3: of the world than any of the country, So we
Speaker 3: owe more money than anybody else to try to fix
Speaker 3: the problem, is what they claim. That's only going to
Speaker 3: be true for a few more years. According to this graph, though,
Speaker 3: So China has now passed Europe on this pretty much
Speaker 3: straight up graph because they just started polluting fairly recently,
Speaker 3: because they were all living in huts and eating their
Speaker 3: cats and.
Speaker 2: Stuff like that and not a lot of pollution.
Speaker 3: But now they got all the coal fires and electricity
Speaker 3: and everything going on, They're polluting like crazy. The country
Speaker 3: has now passed Europe is the second largest all time admitter,
Speaker 3: shifting the debate about who pays for global warming. According
Speaker 3: to the New York Times, projections show that China may
Speaker 3: catch up with the United States in just a few years.
Speaker 3: China's soaring emissions are upending climate politics was the story,
Speaker 3: let me just read a little bit of it. For
Speaker 3: many years, wealthy places like the United States and Europe
Speaker 3: have had the biggest historical responsibility for global warming. China's
Speaker 3: astonishing rise is upending that dynamic. Over the past three decades,
Speaker 3: China has built more than one thousand coal fired power
Speaker 3: plants a thousand as its economy has grown more than
Speaker 3: forty fold in thirty years, mostly because of our help,
Speaker 3: thinking that if they got rich enough, they'd be our friends.
Speaker 3: One of the dumbest gambles in the history of the planet.
Speaker 2: Whoops.
Speaker 3: The country has become by far the largest annual emitter
Speaker 3: of greenhouse gases in the world. So they're emphasizing the historical,
Speaker 3: How about emphasize the and on the today chart, it's
Speaker 3: not even close. Like China is way up there and
Speaker 3: the United States is way down here with other countries
Speaker 3: underneath us.
Speaker 4: Right, So if you're trying to build some sort of
Speaker 4: framework for who owes the most your Paris climate accord folks,
Speaker 4: I suppose looking at the historical responsibility makes a little
Speaker 4: bit of sense. But for those of us who live
Speaker 4: in the real world, who's doing it now is a
Speaker 4: much more relevant question.
Speaker 2: I would say so.
Speaker 3: And according to this chart, it looks like China is
Speaker 3: polluting it about two and a half times what we
Speaker 3: are on a year by year basis at this.
Speaker 2: Point two and a half times.
Speaker 3: Yeah, and I'm supposed to alter my lifestyle and suffer
Speaker 3: the overall GDP consequences for what reason?
Speaker 4: And India is working on it. They'll be on that
Speaker 4: chargument we're on. Yeah, the actual biggest country on Earth.
Speaker 4: You go to them and say, hey, can you cut
Speaker 4: back on your fossil fuels a little bit because of
Speaker 4: the planet? The answer is yeah, No, Are you kidding?
Speaker 4: We've got four hundred million people starving here and you
Speaker 4: want us to go solar?
Speaker 5: No.
Speaker 2: Yeah.
Speaker 4: I've got to hope that a lot of the climate
Speaker 4: change nonsense is going to be swept away.
Speaker 2: During Trump's presidency.
Speaker 4: And I'm not talking about any legitimate claims about the
Speaker 4: atmosphere or the environment or whatever. I'm down with that,
Speaker 4: it's fine, but again, cut the crap. Cut the crap.
Speaker 2: Go normstrung, you, Getty dot com, pick yourself up. But
Speaker 2: cut the craft T shirt they're selling like hotcakes.
Speaker 3: Speaking of trouble spots around the world that we ignore,
Speaker 3: this happened over the weekend. Haven't heard it anywhere. The
Speaker 3: Pentagon leaked to Axios that the Houthis are now effectively
Speaker 3: in control over the Red Sea, which is where Remember
Speaker 3: they're telling us the numbers all the time, fifteen percent
Speaker 3: or whatever of all world shipping goes through Kuthi rebels
Speaker 3: are brandishing increasingly sophisticated weapons, including missiles that can do
Speaker 3: things that are just amazing, said the Pentagon's chief Weapons
Speaker 3: somebody or other to Axios over the weekend. The big
Speaker 3: picture being that the militant group has for years used
Speaker 3: drones and missiles to strangle the waters off of Yemen,
Speaker 3: disrupting international shipping.
Speaker 2: And uh, well, I'll read this quote.
Speaker 3: I'm an engineer and a physicist, and I've been around
Speaker 3: missiles my whole career, said a Pentagon employee to Axios.
Speaker 3: What I've seen of what the Houthis have done in
Speaker 3: the last six months is something I'm just shocked. So
Speaker 3: the rest of the world has just let this ragtag
Speaker 3: group of camel riders take over a big, major lane
Speaker 3: of shipping on planet Earth.
Speaker 2: I believe they have Toyota pickups there.
Speaker 4: But anyway, Yeah, who's they're not building those missiles in Yemen?
Speaker 4: Who's sending them to them? And how soon can we
Speaker 4: get the Mummy out of office? I mean he is
Speaker 4: useless bat Kerryah Michael, that's in his old vital days.
Speaker 2: Yeah, he isn't that good anymore. He hasn't he hasn't unleashed.
Speaker 4: I had about a kef care with that sort of
Speaker 4: forcefulness in a year's five.
Speaker 3: Quick question for you, what if you happen to miss
Speaker 3: this unbelievable radio program.
Speaker 4: The answer is easy, friends, just download our podcast, Armstrong
Speaker 4: and Getty on demand. It's the podcast version of the
Speaker 4: broadcast show, available anytime, any day, every single podcast platform
Speaker 4: known demand.
Speaker 2: Download it now Armstrong and Getty on Demand.
Speaker 5: Armstrong, The Armstrong and Getty Show.
Speaker 4: I love this from Andrew Styles the definitive list of
Speaker 4: winners and losers the twenty twenty four election, and actually,
Speaker 4: much as I love Andrew I'm gona quippalle. With his opening,
Speaker 4: he says, the election's over Donald Trump and the Republicans,
Speaker 4: excuse me, a stunning and decisive victory. I would say
Speaker 4: Donald Trump won a stunning, in decisive victory. The Senate
Speaker 4: performed very very well, and the House scraped by for
Speaker 4: the Republicans.
Speaker 2: Yeah. Mentioned certified government mentioned this earlier.
Speaker 3: I hadn't thought about it until I heard a Democrat
Speaker 3: pointed out, how can you call it a wave if
Speaker 3: you're going to have like a three seat majority in
Speaker 3: the House of Representatives.
Speaker 2: That ain't much of a wave.
Speaker 3: I mean, when Obama won, he had like an eighty
Speaker 3: seat majority.
Speaker 2: It's an indy bitty wave. Yeah.
Speaker 4: But anyway, winners and losers. Winner diversity, actual diversity. All
Speaker 4: sorts of different people voted for Trump and got out
Speaker 4: of their electoral pens that the Democrat had told them
Speaker 4: they ought to stay in the Democrats rather, with the
Speaker 4: exception of seniors and college educated white women. Huzzah, Trump
Speaker 4: improved his margins in every group. Winner Hillary Clinton no
Speaker 4: longer the only Democrat to lose to Trump.
Speaker 2: Winner.
Speaker 4: Mental health professionals about to make a fortune treating the
Speaker 4: emotional breakdowns of college educated white women and deranged liberals
Speaker 4: and journalists who base their entire personalities on and hating
Speaker 4: Trump and his supporters.
Speaker 2: Wow, what a way to live your life.
Speaker 4: All the same people who are cutting off friends and
Speaker 4: loved ones who care about them deeply as a human
Speaker 4: being because they because they've bought I think the most
Speaker 4: hyperbolic and ridiculous stuff about politics. Spend Thanksgiving alone and
Speaker 4: in the comfort of knowing at least you're not hanging
Speaker 4: around with Trump voters.
Speaker 2: You weirdo are evil, That's right. Another winner, Dean Phillips.
Speaker 4: Only Democrat with the balls to run against Biden in
Speaker 4: the Democratic primary and say he's too old.
Speaker 2: He was mocked and ridiculed at the time.
Speaker 3: Oh Man in the Democratic Party cut his legs out
Speaker 3: from underneath him, made it impossible for him to get anywhere.
Speaker 4: And he was a one hundred percent right it turns out,
Speaker 4: and telling the truth. Yeah, which he's not welcome in politics. Yeah.
Speaker 4: Another winner Josh Shapiro. He dodged the bullet of being
Speaker 4: a hitch to Kamala Harris's right. He looks smart for
Speaker 4: not taking the job, which he probably didn't want anyway,
Speaker 4: we've already forgotten the name of the guy she did pick,
Speaker 4: the guy in the camo had who pranced around and
Speaker 4: lied about China.
Speaker 3: Yeah, what's his face? Laugh on say or other? How
Speaker 3: about his weird five minutes of fame? That'll never I mean,
Speaker 3: it'll be a trivia question.
Speaker 2: Please, let's begin laughing at the laughing stock.
Speaker 4: Jeff Bezos the whole temper tantrum, saying we got to
Speaker 4: be a reporter.
Speaker 2: Of news, not an opinion machine. Tony Hitchcliff and garbage.
Speaker 4: He goes into how that was like the final week
Speaker 4: closing argument, look at this monster Trump mounted to nothing,
Speaker 4: didn't amount to a pile of garbage in terms of
Speaker 4: electoral effect?
Speaker 2: Right, yes, go ahead that.
Speaker 3: Remember we were counting the days it had, like five
Speaker 3: days of legs. That Puerto Rico joke as being one
Speaker 3: of the lead stories. What a stupid decision from the
Speaker 3: media who was hell bent on bringing down Trump. You
Speaker 3: thought that was your best argument. That comedian's joke apparently
Speaker 3: didn't work.
Speaker 4: Why because they see everything through the lens of identity politics.
Speaker 4: So this looked like an enormous faux paw and a
Speaker 4: great to bring bet to beat Trump with the rest
Speaker 4: of us normal people, including plenty of Democrats and lefties,
Speaker 4: as many of whom are listening right now. They're like, yeah,
Speaker 4: I can't afford my groceries. I don't care what some
Speaker 4: obscure comedians said about Puerto Rico. Alts the new media
Speaker 4: alternative meetia, including ourselves big winners in the election, Sonny
Speaker 4: Hostin and the other ladies of the view, for sinking
Speaker 4: the Harris campaign with the what would you do differently
Speaker 4: than Biden? There is not a thing that comes to mind,
Speaker 4: Harris said, in a breathtaking display of unpreparedness.
Speaker 2: Is Sonny Hosten a lot for journalists of the year.
Speaker 3: Well, as she has come out and said she was
Speaker 3: shocked to that answer. So she was trying to throw
Speaker 3: Kamala a life preserver because she had flubbed the answer
Speaker 3: the day before, and instead of the life preserver she
Speaker 3: threw a cinderblock that took.
Speaker 2: Her under the water. Yes, yeah, well, said winner women.
Speaker 4: Trump's victory Russia and a golden era of women's rights
Speaker 4: in spite of the muling and screeching of the college
Speaker 4: educated white women of a certain age. His chief of staff,
Speaker 4: Susie Wiles, will be the first woman to hold a job.
Speaker 4: It'll soon be safe to play sports again. Women can
Speaker 4: say Merry Christmas and be attractive without getting publicly shamed,
Speaker 4: et cetera.
Speaker 3: When are you're gonna learn, ladies, America does not want
Speaker 3: a female president.
Speaker 2: I think that's they'll take away.
Speaker 4: Oh my god, that was an attempt, and I emphasize
Speaker 4: attempt at humor, ladies, and I apologize for it.
Speaker 2: Scott jameson Grat on the Yeah.
Speaker 3: I heard somebody say the other day, how about try
Speaker 3: something different than pantsuits? Two pantsuit ladies who bring in
Speaker 3: effeminate men to be their underlings, try something different?
Speaker 4: Yeah, yeah, Uh, Margaret thatcher or dresses didn't she?
Speaker 2: I don't remember. I don't care what they wear, wear
Speaker 2: anything at and wear nothing.
Speaker 4: Scott Jennings Great on CNN, Very reasonable, smart conservative, Mark Halpern,
Speaker 4: who's independent reporting in sober analysis, much of which you
Speaker 4: heard mentioned here on The Armstrong and Getty Show, is
Speaker 4: vastly superior and more informative than the mainstream media is hackish, hyperventilating.
Speaker 4: Another example of new media just whooping the old and
Speaker 4: then some other obscure stuff. The PI Israel winner the.
Speaker 3: Pant suit thing is actually interesting and I learned this
Speaker 3: from listening to Sarah i Isiger in the Dispatch. I
Speaker 3: hadn't known about level one, level two, level three feminism,
Speaker 3: but like level two feminism or whatever, maybe one was
Speaker 3: the pants suit. It's like, see, we can be just
Speaker 3: like men. We've got our version of suits and here
Speaker 3: we are in the workplace. And then like the next
Speaker 3: level of feminism, No, I can dress like kind of hot,
Speaker 3: like a woman likes two sometimes in a skirt and
Speaker 3: high heels, and also be effective. And I think that
Speaker 3: would be helpful to get away from that old level
Speaker 3: of pants suit thingy. I think there is sort of
Speaker 3: a subliminal thing going on there.
Speaker 4: Yeah, we're going to free you by demanding you adhere
Speaker 4: to our stereotypes and our orders. You will work outside
Speaker 4: the home. You will turn your nose up at raising
Speaker 4: children and being the leader of the family. You will
Speaker 4: make money for a corporation, and you will wear pants
Speaker 4: in the name of freedom, right right, Yeah. Level threes
Speaker 4: where whatever you want, do whatever you want.
Speaker 2: And I tell you what that's.
Speaker 4: And I don't know if there's a name for guys
Speaker 4: like I'll just speak for myself, who are like women
Speaker 4: can do whatever they want.
Speaker 2: And achieve whatever they want.
Speaker 4: And who the hell am I to tell them that
Speaker 4: it's more satisfying to make another half of a percent
Speaker 4: for your corporation as opposed to raising children and being
Speaker 4: the actual functional chief operating officer as a family.
Speaker 2: You do what you want. I trust you to make
Speaker 2: the decision.
Speaker 4: I don't believe in browbeating people to conformed to some
Speaker 4: sort of, you know, prefab image of what.
Speaker 2: They ought to be.
Speaker 4: I find it disgusting no matter what you know label
Speaker 4: it puts on itself. We're going over the winners and
Speaker 4: losers from the recent election. Loser number one, Come on,
Speaker 4: Joe Biden. The experts told us sleepy Joe would be
Speaker 4: the most consequential president since FDR. When he dropped out
Speaker 4: in July, those same experts compared Biden to George Washington,
Speaker 4: praising his selfless act as political courage.
Speaker 2: He will not be remembered that way now.
Speaker 4: In reality, Biden's decision to run for reelection rights Andrew
Speaker 4: Styles will be remembered as one of the most reckless
Speaker 4: acts of political hubris and American history. His selection of
Speaker 4: Kamala Harris as a running mate in twenty twenty, his
Speaker 4: decision to immediately endorse her, also regarded as monumental blunders.
Speaker 4: This is the legacy Biden deserves.
Speaker 3: They met Trump and Biden met for two hours yesterday.
Speaker 3: I find that pretty interesting alone. What were they talking about?
Speaker 3: Trump says, they talked a lot about you and talked
Speaker 3: a lot about Israel. But two hours, that's a pretty
Speaker 3: serious conversation.
Speaker 2: Oh yeah, yeah, absolutely, I have no doubt. I'm glad
Speaker 2: to hear it. Honestly.
Speaker 4: Another loser, of course, Tim Walltz oh right, the camo
Speaker 4: hat guy who prod around, pranced around on stage, and
Speaker 4: lied constantly about China and other weird things. He was
Speaker 4: supposed to help the Hair's campaign appeal to men. He
Speaker 4: pretended to go pheasant hunting, cackled with the ladies of
Speaker 4: the U, and played video games with AOC. He said
Speaker 4: Republicans were weird. Trump won mail voters by thirteen.
Speaker 3: Points, right, And obviously, if you're going to pick somebody
Speaker 3: out of the whole crowd that was weird.
Speaker 2: He was almost certainly the weirdest. And I'm a knucklehead
Speaker 2: at times.
Speaker 4: Another losers, other losers, the Obamas, and you know, he
Speaker 4: talked about various things, but they tried to shame black
Speaker 4: men into voting for Kamala, scolding the brothers for hating women.
Speaker 2: Oh, go away, please go away.
Speaker 4: Other losers Alex Soros, who's the son of billionaire George
Speaker 4: Soros who funneled hundreds of million dollars of dollars into
Speaker 4: the Democrats in twenty twenty four, hanging out with him
Speaker 4: at elite conferences, inviting them to his swanky Manhattan pad,
Speaker 4: et cetera. And some other people you've never heard of.
Speaker 4: The mainstream media journalists are the worst. They scolded the
Speaker 4: American people for feeling stressed about the economy and thinking,
Speaker 4: but Biden was too old to run for reelection. They
Speaker 4: still don't understand why no one trusts them or takes
Speaker 4: them seriously. They try to put their thumbs on the
Speaker 4: scale for Harris, but it made no difference due to
Speaker 4: their rapidly diminishing credibility and relevance.
Speaker 2: They will learn nothing and carry on into the void.
Speaker 3: Speaking of spending money, did you see that Kamala Harris's
Speaker 3: campaign gave Al Sharpton a half a million dollars five
Speaker 3: hundred thousand dollars they gave to Kamala before he did
Speaker 3: the glowing interview with her. Wow, what kind of shakedown
Speaker 3: is that? And I can't believe that they play that
Speaker 3: game with Al freaking Sharpton. You gave him a half
Speaker 3: a million so he do a softball interview with you.
Speaker 4: Yeah, more losers the Lincoln Project go away, shameless griff.
Speaker 4: There's criminals, terrorists in Iran. Not even Ben Rhodes can
Speaker 4: save you.
Speaker 2: Now, Losers.
Speaker 3: That Al Sharpton thing pisses me off because that interview
Speaker 3: got a fair amount of play in mainstream media because
Speaker 3: she was addressing, you know, the black community and all
Speaker 3: that sort of stuff. He did wouldn't do the interview
Speaker 3: unless he got a half a million dollars.
Speaker 2: Oh my god.
Speaker 4: Can we have some sort of giant statement from you know,
Speaker 4: the black folks in America, fabulous loyal Americans who disavowed
Speaker 4: the very concept of Al Sharpton being a spokesperson for anybody.
Speaker 5: Arm Strong, the Armstrong and Getty Show.
Speaker 4: This is interesting and not terribly shocking. Well, I guess
Speaker 4: when you get down to the the granular details, it
Speaker 4: is fairly shocking. But Americans are more reliant than ever
Speaker 4: on government aid. An aging population, economic distress raised dependence
Speaker 4: on federal and state support, and it matters a hell
Speaker 4: of a lot for our elections. As you might guess,
Speaker 4: Wall Street Journal looking into a major study. This is
Speaker 4: little graphics heavy, but I can interpret it for you.
Speaker 4: They're talking about the share of personal income from government assistance.
Speaker 4: How in how many counties is it twenty five percent
Speaker 4: or more? In nineteen seventy, government safety Net money accounted
Speaker 4: for significant income. That's more than twenty five percent. Twenty
Speaker 4: five percent or more in fewer than one percent of
Speaker 4: America's counties.
Speaker 2: So say that again. In one year in nineteen seventy,
Speaker 2: it was less than one percent. Okay, okay.
Speaker 4: In two thousand it went from less than one percent
Speaker 4: to roughly ten percent. That's the year twenty ten percent,
Speaker 4: which a tenfold increase is not minor. In the year
Speaker 4: twenty twenty two, fifty three percent, more than half of
Speaker 4: US counties drew at least a quarter of their income
Speaker 4: from government eight.
Speaker 3: So this is we were talking about this last week,
Speaker 3: and now that it's the average person in the bottom quintile.
Speaker 3: I know this is a lot of complicated talking, but
Speaker 3: the bottom twenty percent of income earners in America get
Speaker 3: on average sixty eight thousand dollars per household of transfer payments,
Speaker 3: and that's left out of every argument about we have
Speaker 3: the highest inequality of any nation.
Speaker 2: In the world.
Speaker 3: They never include this stuff and what you just talked
Speaker 3: about there, that's never included in these conversations from Bernie
Speaker 3: Sanders or probably Tim Walls tonight in the debate. People
Speaker 3: live in paycheck to paycheck. Well, more people are getting
Speaker 3: the handouts from the government than ever before by a lot.
Speaker 3: And as we've discussed with Craig the healthcare guru, socialism
Speaker 3: is not a light switch. It's a a fungus oh
Speaker 3: that spreads across a country, and it's programmed benefits and yeah, yeah, sure.
Speaker 2: It starts hating across there's just no stopping it. Yeah.
Speaker 4: So the big reasons for this dramatic growth are interesting.
Speaker 4: Some of them I think most conservatives would reject out
Speaker 4: of hand, But it gets a little complicated when you
Speaker 4: dig into it. There are much larger share of Americans
Speaker 4: who are seniors. Period, we're living longer and we've aged
Speaker 4: as a population, we're not having kids anymore. And healthcare
Speaker 4: raw sorry, healthcare costs have risen fairly dramatically as they've
Speaker 4: gotten more fantastic. The technology we have at our disposal
Speaker 4: to keep ourselves healthy and alive is truly awe inspiring.
Speaker 2: But it costs.
Speaker 3: Yeah, And as my doctor said last week, what exactly
Speaker 3: is the point? Sometimes he wanted, as we just get
Speaker 3: you know, our brains don't work, our bodies don't work,
Speaker 3: but we hang around longer at a great expense.
Speaker 4: Right, Well, it could be the money is the point
Speaker 4: in at least some situations, although it's I understand it's
Speaker 4: an odd conundrum that a person could sit around rubbing
Speaker 4: their chin thinking about for a long time. You're not
Speaker 4: going to turn down medical advances because it's every advance
Speaker 4: is an incremental step. It can lead toward other advances
Speaker 4: or cures or what have you. But at the same time,
Speaker 4: you and your doctor are quite right, Hey, good news,
Speaker 4: we can keep alzheimer suffering Granny alive for one more year.
Speaker 4: We can stave off for cancer with this new gene therapy.
Speaker 4: Blah blah blah. What are we doing here? Yeah, anyway
Speaker 4: to get back to the major thread of the thing,
Speaker 4: ERNI here blah blah. At the same time, many communities,
Speaker 4: so it's the aging and the development of metaical technology.
Speaker 2: Number one.
Speaker 4: At the same time, any communities have suffered from economic
Speaker 4: client because of the challenges, including the loss of manufacturing,
Speaker 4: leaving government money is the larger share of people's income
Speaker 4: in such places.
Speaker 2: You know, I could bore you to death.
Speaker 4: I won't because I do this for a living and
Speaker 4: kind of enjoy getting the paycheck. But one of the
Speaker 4: big debates in conservative circles these days is the question
Speaker 4: of the reagan Esque free trade global economy conservatives versus
Speaker 4: what's being called the new conservatism or whatever you want
Speaker 4: to call it. And everybody's always government conservatism. Some people
Speaker 4: call it, yeah, industrial planning, you know. Sometimes people even
Speaker 4: call it central planning what have you, and are bellowing
Speaker 4: at each other about it, as if the solutions and
Speaker 4: the questions and answers are very simple.
Speaker 2: They're not at all. They're trillions of dollars at stake.
Speaker 4: So I understand why the people making lots and lots
Speaker 4: of money want to keep that money flowing. They don't
Speaker 4: care how much unemployment there is in rural Pennsylvania, for instance.
Speaker 4: At the same time, oh oh, and the other point
Speaker 4: I was going to make on the side of the
Speaker 4: new Conservatives back in Reagan's day, we didn't have a
Speaker 4: situation where our chief global adversary is our one of
Speaker 4: our chief trading partners, technology partners, and practically indispensable to
Speaker 4: the world economy. So if you are pitching free global
Speaker 4: trade of a reaganesque sort, you are pitching continued interaction
Speaker 4: slash dependence with China, which is just a bad idea.
Speaker 4: Times have changed, the arguments have to change too, So
Speaker 4: I have sympathy with both sides, but it is not simple.
Speaker 4: So for its analysis of government spending, EIG, which is
Speaker 4: the folks doing the analysis, used a government definition of
Speaker 4: income that includes spending on programs that Americans pay into,
Speaker 4: such as Medicare and Social Security. Another major government health program, Medicaid,
Speaker 4: is counted. The analysis also includes unemployment insurance, food stamps,
Speaker 4: the Earned Income Tax Credit, veterans benefits, pell grants, COVID
Speaker 4: era payments, and other income supports. States helped pay for
Speaker 4: some of these programs, like Medicaid, but the federal government
Speaker 4: covers roughly seventy percent of the cost, and it doesn't
Speaker 4: include other ways government spending floods into corners of America,
Speaker 4: such as farm subsidies or military bases. So this spending
Speaker 4: accounts for big and growing share of not only the
Speaker 4: income of the nation but also our national debt. We
Speaker 4: are addicted to government spending slash social programs as a country.
Speaker 3: There's no weaning off that either. I don't believe you
Speaker 3: can go backwards, so I don't think it's possible, but
Speaker 3: you do have.
Speaker 4: To be honest about the dollars and cents coming and going,
Speaker 4: and we're headed for a cliff. So we went from
Speaker 4: one percent nineteen seventy to over half now correct.
Speaker 2: That's unbelievable.
Speaker 3: Not very many people can tell you that Armstrong and
Speaker 3: Getty