Speaker 1: Broadcasting live from the Abraham Lincoln Radio Studio, the George
Speaker 1: Washington Broadcast Center, Jack Armstrong and Joe, Katty Armstrong and
Speaker 1: Petty Enough He.
Speaker 2: Arms drawn, Joe and I aren You can't see it
Speaker 2: because radio, but Joe and I are both standing here
Speaker 2: wearing barrels with straps In the classic.
Speaker 1: Was when was it a thing?
Speaker 2: If you were poor, you lost all your money, you
Speaker 2: could wear a barrel with straps?
Speaker 1: Was that a thing? That's just cartoons?
Speaker 2: I've seen from the olden days as an item of clothing.
Speaker 2: A barrel seems particularly ill suited, right, even if you're
Speaker 2: of a meager means, right, seems like a barrel would
Speaker 2: be like the last thing you'd turn to. How about
Speaker 2: a potato sat ritually anything but a barrel with straps anyway,
Speaker 2: Live from Studio Seaea's in your dimly let room.
Speaker 1: Deep within the bow the Bowels, the Friday Bowels.
Speaker 2: Of the Armstrong and Getty Communications Compound, And as you
Speaker 2: all know, the weekend bowels can be different than the
Speaker 2: week balls. Today we're under the tutelage of our general manager.
Speaker 2: Still tariffs. Yeah, well I'm backlash. That's the four lash
Speaker 2: eyelash that's that's fair. I still don't think it's fair
Speaker 2: to talk about, however, four trillion dollars of American wealth
Speaker 2: wiped out, because it's just the way the stock market works.
Speaker 2: I mean, you don't do that every day, because every
Speaker 2: day you can say, you know, on a random Wednesday,
Speaker 2: you could say, four hundred billion dollars of American wealth
Speaker 2: wriped out, and then the next day, oh my god,
Speaker 2: six hundred billion gained in the the next day two
Speaker 2: billion wiped out. That's just the way it worked, right,
Speaker 2: It's it's clickbaity and silly. On the other hand, I
Speaker 2: will tell you this, if you only listened to the
Speaker 2: early part of the show yesterday and the rest of
Speaker 2: the world were able to puzzle out some of what
Speaker 2: the figures that the administration put out really were and
Speaker 2: what they meant, and they were a little misleading the
Speaker 2: way they were labeled. And so I understand the policy
Speaker 2: a little better. The more I understand, the less I
Speaker 2: like it. Frankly, oh boy, because I wanted Kamla to
Speaker 2: get erected, I just thought i'd.
Speaker 1: Save you the trouble of saying that.
Speaker 2: I am having a lot of trouble finding my favorite
Speaker 2: economic thinkers saying this will work as planned. I mean,
Speaker 2: whether the goals are noble, or whether you like tariffs
Speaker 2: in general or not. The question always as a conservative,
Speaker 2: if you are not a realist, you're a bad conservative,
Speaker 2: You're just like a wacky ideologue. The question is will
Speaker 2: it work as advertised in a way that benefits the
Speaker 2: American peace in the long term. And I'm having trouble
Speaker 2: finding people saying, oh, yes, yes it will. Uh well.
Speaker 2: Trump has been into this is whole adult life. We
Speaker 2: got some clips from the eighties where he talks about this.
Speaker 1: Yep.
Speaker 2: He once said tariff is the most beautiful word in
Speaker 2: the English language. Then he said maybe God, maybe love,
Speaker 2: but I like tariff top three.
Speaker 1: So yeah, you know, he gets a how cool.
Speaker 2: You know, I've got theories on life too, but I
Speaker 2: I'm never going to be in a position to like
Speaker 2: put them on the world to see if they work.
Speaker 2: And he gets to put his theory onto the world
Speaker 2: and see if it works. Yeah, indeed, and we'll have
Speaker 2: to wait and see how it plays out. I think
Speaker 2: the first and second tier effects though, of tariffs are
Speaker 2: not what some folks expect them to be. Well, like,
Speaker 2: we're going to play later a speech from Nancy Pelosi
Speaker 2: from the nineties where she's talking about how tariffs are
Speaker 2: the answer, and Democratic politicians have been talking about it
Speaker 2: for a long time. That's why they're being pretty quiet
Speaker 2: about it. It's been their theory forever. It's kind of
Speaker 2: interesting that Trump's going with it, and then you know,
Speaker 2: Republicans are then following him into what has been a
Speaker 2: Democratic talking point for years. I'm not into the hole
Speaker 2: just because it was or is either party's talking point.
Speaker 2: It's automatically good or bad. But it is true. Yes, yeah, no, anyway,
Speaker 2: So that's why we're standing here in a barrel straps.
Speaker 2: I mean I didn't retire yesterday. Did you retire yesterday?
Speaker 2: So you know what the what my four one K
Speaker 2: is yesterday isn't as important as what it is ten
Speaker 2: years from now or whatever. Well I was going to
Speaker 2: retire today, No I can't. So if my attitude seems
Speaker 2: a little crappy, that's why, you know, the old incredibly
Speaker 2: discouraging saying that in politics, if you're explaining, you're losing.
Speaker 1: Yeah, it is discouraged.
Speaker 2: It is impossible to discuss tariffs without a lot of explaining.
Speaker 1: I mean, like when your eyes glaze over. You're about
Speaker 1: a third of the way home.
Speaker 2: It's what it does to economic growth, and what it
Speaker 2: does to exports tariffs and retaliation and revenue growth, and
Speaker 2: what are the goals of tariffs and are they contradictory?
Speaker 1: And ay yeah, yeah, yeah, yeaye. So I don't know
Speaker 1: where the Dow is now an hour ago.
Speaker 2: Last time I checked those down like four hundred points
Speaker 2: after a pretty big drop yesterday. People are knocking on bathrooms,
Speaker 2: Jack saying, are you done in there? Because the Dow
Speaker 2: is in the toilet? I get it, but I don't
Speaker 2: know the market. Let's say the market the Dow is stupid?
Speaker 2: Am I being a Pollyanna? Like? I was watching Mika
Speaker 2: Brazinski on MSNBC yesterday and then she was talking to
Speaker 2: somebody and they said Nick could bring a recession and
Speaker 2: she went, oh no, And I thought, I don't.
Speaker 1: Do that about the word recession.
Speaker 2: I just does the average person react to the idea
Speaker 2: of recession with horror like that?
Speaker 1: I mean, I've lived through how many have I had
Speaker 1: in my adult life? A dozen? Eight? I don't know.
Speaker 1: I don't know because they're not significant enough to count.
Speaker 2: They're not you know, fantastic maybe, but they're not as
Speaker 2: good when as when growth is rosy.
Speaker 1: Certainly, but no, it's not a moment all the things.
Speaker 2: I could list so many things in my life that
Speaker 2: do or could potentially make me go, but that's not.
Speaker 1: One of them. And why is that?
Speaker 2: Is that just an example of how divorced the media
Speaker 2: is from normal human beings. I think they think we
Speaker 2: all react like that, or or they think they should
Speaker 2: because all the super gazillionaire financial people they have on
Speaker 2: their sets, it is a big deal for them, but
Speaker 2: in their world because that's what they focus on all
Speaker 2: the time. And I just don't think the average person.
Speaker 2: I should ask my dad about that, like to your
Speaker 2: whole life, did you, oh, man, might be a recession
Speaker 2: next quarter?
Speaker 1: Good lord, I don't remember that.
Speaker 2: Tighten up the straps on your barrel and get ready,
Speaker 2: I guess. And if you had several in a row,
Speaker 2: that would be rough, but usually you have a quarters
Speaker 2: then you go back to normal. Well, yeah, if a
Speaker 2: recession stretched down for years like Japan had, for instance,
Speaker 2: well that would be something else, but it almost never happens.
Speaker 2: Our economy is too dynamic and creative and adaptable, you know.
Speaker 2: I can understand how you wouldn't want to do things
Speaker 2: in particular that bring them on as opposed to it's
Speaker 2: just part of a business cycle. Yeah, yeah, we'll see.
Speaker 2: But for instance, got breaking news. The job numbers are
Speaker 2: out two hundred and twenty eight thousand jobs added in March,
Speaker 2: which was beat expectations and people are thrilled about it.
Speaker 1: Okay, so fantastic. Am I out of the woods?
Speaker 2: Are? Is that good news or bad? The recession over
Speaker 2: or I don't know. I'm just gonna keep going to work.
Speaker 2: Someday when I'm old.
Speaker 1: Will retire.
Speaker 2: We'll see what I got left. Eli, I by this
Speaker 2: size fishing boulder. This is sized fishing boat. That'll be
Speaker 2: the end of it. Now, I hear you, I hear you.
Speaker 2: So unnecessary hyperbole is something we avoid.
Speaker 1: The other thing.
Speaker 2: I've got to get this off my chest and then
Speaker 2: I'll shut up because we have Katie's headlines and clips
Speaker 2: of the week in a couple of minutes.
Speaker 1: A few minutes, I.
Speaker 2: Was listening to another show as I was preparing for
Speaker 2: the festivities.
Speaker 1: There are other shows.
Speaker 2: Yeah, oddly and this uh, this host is clearly proudly.
Speaker 1: And out out.
Speaker 2: As a Christian and was mixing news analysis with the
Speaker 2: unmistakable Christianity and defense of the Trump policies. But he
Speaker 2: was not like defending the policies based on the fact
Speaker 2: that he believed they would work, or here's why they're
Speaker 2: good policies. It was because they were Trump's. And it
Speaker 2: became clear to me that there's like two polls, if
Speaker 2: you will, there are two.
Speaker 1: Jesus Jesus show. I believe the plural is Jesus Jesus.
Speaker 2: I'm not sure, but there were two Jesi Jesus of
Speaker 2: Nazareth and Donald J.
Speaker 1: Trump.
Speaker 2: And you're not going to get that here either. When
Speaker 2: he's right, he's right. When he's wrong, he's wrong. And
Speaker 2: if that's not what you're looking for, that's we understand.
Speaker 2: That's fine.
Speaker 1: You know you might enjoy it anyway, but you're not.
Speaker 2: Yeah, sorry, I don't know how this terriff thing is
Speaker 2: going to turn out. That's still is my position. Let's
Speaker 2: start the show officially. I'm Jack Armstrong. He's Joe Getty
Speaker 2: on this.
Speaker 1: It is Friday, yes April to fourth, my niece's birthday.
Speaker 1: I've got to send her a text.
Speaker 2: There are twenty twenty five we are Armstrong in getting
Speaker 2: we approve of this program. Let's begin then officially according
Speaker 2: to FCC rules and regulations at mark. I think it's
Speaker 2: going very well.
Speaker 3: It was an operation like when a patient gets operated
Speaker 3: on and it's.
Speaker 1: A big thing.
Speaker 3: I said this, which exactly be the way it is.
Speaker 1: Things are going well. You compared it to a patient,
Speaker 1: you know, go through get an operation.
Speaker 2: You don't feel fantastic right immediately right after the operation,
Speaker 2: huh had a lot of pain.
Speaker 1: We had a disease. We had to go in there,
Speaker 1: we had to cut something out.
Speaker 2: They're gonna have a little rough recovery period and then
Speaker 2: they'll be on their feet and dancing before you know it.
Speaker 1: All right then whoa, I don't know. I was so worried.
Speaker 2: So we got all that stuff Joe mentioned on the
Speaker 2: way and you can comment on anything text line four
Speaker 2: one five two nine five KFTC.
Speaker 1: I sent a text to my niece.
Speaker 2: Happy birthday, which I think she will rollerize at in
Speaker 2: a twenty something sort of way.
Speaker 4: Thank you were correct, any exclamation point or anything.
Speaker 2: Her old boomer uncle sent her a happy birthya surely
Speaker 2: through a birthday cake emoji. No, I don't I don't
Speaker 2: send emoji exclamation point not a child?
Speaker 1: Uh non? Like better just sell it.
Speaker 2: You're like a fundamentalist Muslim about exclamation points and emoji.
Speaker 1: I can't. I can't do the exclamation point. I just can't.
Speaker 1: You really need some couch time to understand that.
Speaker 4: You know, you're like the only person that will send
Speaker 4: me a text that has no punctuation or anything involved
Speaker 4: in it.
Speaker 1: And I go, Okay, it's Jack. He's not mad. It's
Speaker 1: just the way that he takes right.
Speaker 2: So if I say great, it's what If I say great,
Speaker 2: it's it looks like I said great or great?
Speaker 1: Yeah?
Speaker 2: Yes, right, But you know you are living in the
Speaker 2: year six hundred in terms of texting.
Speaker 1: But in my real life, if you if you know me,
Speaker 1: I'm not a great sort of guy. Try what not well?
Speaker 2: When you're when you're unhappy, you're like dozens of exclamation points.
Speaker 1: Yeah, mad face emojis all.
Speaker 2: Caps for pages at a time. I'm an all caps person.
Speaker 2: I should be all caps for all my text. I
Speaker 2: have an all I do walk around in all caps persons.
Speaker 1: Oh boy, oh bro, what kind of bread do you eat?
Speaker 2: Jack?
Speaker 1: It's just plain white bread?
Speaker 2: Right. I have finally switched off of one bread at
Speaker 2: the request of family members.
Speaker 1: So I'm an eat more of a grained bread. I guess.
Speaker 2: All right, Well, let's figure out who's reporting what. It's
Speaker 2: the lead story with Katie Green. Katie, let's start with ABC.
Speaker 2: Trump says, quote, it's.
Speaker 4: Going very well after Tariff's royal the markets.
Speaker 1: Yeah. Well, I don't know if it's going to go
Speaker 1: well or not, but.
Speaker 2: The whole judging it off of one day off the
Speaker 2: stock market just seems so stupid to me.
Speaker 1: Yeah, agreed from Bloomberg.
Speaker 4: Trump says he thinks Iran will accept direct nuclear talks.
Speaker 1: Yeah. I was just reading about that.
Speaker 2: He wants them to dismantle their nuclear programs, and he's
Speaker 2: not going to waste any time with the silly They're
Speaker 2: on one floor of a hotel. We're on the other floor,
Speaker 2: and we send emissaries from a third party back and
Speaker 2: forth to negotiate. He's like, let's sit down and work
Speaker 2: this out, or we're going to bomb you back to Yes.
Speaker 1: Yeah. From the Free Beacon, Columbia.
Speaker 4: University radicals welcome new president by vandalizing the campus room
Speaker 4: with a Hamas triangle.
Speaker 1: Nice.
Speaker 2: So, I don't know if you have this headline, but
Speaker 2: I saw the headline last night as I was going
Speaker 2: to bed that Hamas announced they're going to release all
Speaker 2: the hostages to get a ceasefire.
Speaker 1: Now did that come and go that headline already or
Speaker 1: I'm making my squinty face, Oh are you no longer?
Speaker 2: It could be there absolutely a moral, vicious lizard like
Speaker 2: brains have said, all right, this is our only card.
Speaker 2: Trump is going to back Israel doing anything. Uh yeah,
Speaker 2: so we better give the hostages. Yeah, this is the
Speaker 2: only way we can buy time, and then we'll go
Speaker 2: back to you know.
Speaker 1: Guerrilla warfare and the rest of it. It's possible.
Speaker 4: From the New York Times, USDA freezes funding for Maine
Speaker 4: amid battle over transgender athletes.
Speaker 2: I'm not sure what the USDA has to do with
Speaker 2: any of it. It's government spending. I suppose Maine is
Speaker 2: super woke on the transgender The boys will put up
Speaker 2: on girl because they say their girls badness.
Speaker 1: And that governor got into a spat with Trump.
Speaker 4: Right from NBC, Pentagon Inspector General to investigate Pete Hegsath's
Speaker 4: role in Signal Chat leak.
Speaker 2: Arry Trump fired some big NSA guys in the last
Speaker 2: couple of days. It got obscured by the tariff madness.
Speaker 2: But we'll talk about that a little bit.
Speaker 4: From USA Today quote there's a movement bubbling up anti
Speaker 4: Trump protests planned nationwide tomorrow.
Speaker 2: Uh, the resistance is back.
Speaker 1: The resistance back together.
Speaker 2: Break out your pea hat and your Trump's a Nazi
Speaker 2: and the big giant balloon with Trump as a baby.
Speaker 1: Break it, guet, find it quickly. We're back.
Speaker 4: The New York Post, Ohio driver dropped his donut and
Speaker 4: caused a three car crash.
Speaker 1: He like bent over to pick it up.
Speaker 4: Yeah, it fell on the floor. He bent over to
Speaker 4: pick it up, went into oncoming traffic. Luckily nobody was
Speaker 4: seriously hurt.
Speaker 2: But I've almost done that sort of thing before, and
Speaker 2: I thought, jeez, you just you're gonna what are you doing?
Speaker 1: Yeah, no, leave it on the floor.
Speaker 2: You hear the coffee spill onto your crotch, Like, hey, hey,
Speaker 2: your crotch is gonna be wet.
Speaker 1: Just accept it. Stay in your lane, literally, stay in
Speaker 1: your lane.
Speaker 2: On the other hand, I do like the phrase you
Speaker 2: just used, Katie Man.
Speaker 1: Did Jack drop the donut on that project? Yeah, so
Speaker 1: it sounds like it ought to be an expression. Yep.
Speaker 1: From study fines.
Speaker 4: Seventy percent of Americans mentally clock out of work three
Speaker 4: days before taking vacation.
Speaker 1: Let's talk about right, three days. That seems like a lot.
Speaker 1: I don't know. Our job's a little different.
Speaker 2: Yeah, I'm trying to think when I have had a
Speaker 2: regular job mentally clocked, I will still do something.
Speaker 4: But and finally, the Babylon Bee Dodgers bankrupted. Is Trump
Speaker 4: places twenty five percent tariff on Japanese players.
Speaker 2: Hilarious, and the Dodgers would just pay it and continue?
Speaker 1: Are they still undefeated? They win again last night? Nobody knows.
Speaker 2: Maybe the uh Padres are also undefeated. I've been asked
Speaker 2: to mention, not that we really do baseball standings here much,
Speaker 2: but there you have it. Now, quit yelling at me
Speaker 2: Padres fans. We have met Dodd doing.
Speaker 1: The Dodgers did win last night? Okay?
Speaker 2: Are they go one hundred and sixty two and oh yeah,
Speaker 2: you there will have to be changed.
Speaker 1: You gotta have a salary cap if they go one
Speaker 1: sixty two and zero? Yeah?
Speaker 2: What's how crazy would it have to be for it
Speaker 2: just to be inescapably true that something was going to
Speaker 2: change if they won one hundred and thirty games clearly. Well,
Speaker 2: you'd have to win the World Series. I think it'd
Speaker 2: be more about multiple World Series in a row.
Speaker 1: Ah. Yeah, you're probably right.
Speaker 2: Because in every sport, which is an interesting tributa question,
Speaker 2: in every sport, the team that has the best season
Speaker 2: did not win the championship that year. Hockey, football, baseball,
Speaker 2: and basketball all four like.
Speaker 1: The all time best season. Yeah yeah, oh interesting. Yeah,
Speaker 1: it's just a fact.
Speaker 2: We've got clips a week on the week up mailbag,
Speaker 2: news of the day, stay.
Speaker 1: With us, Armstrong and Getty. So we got some breaking
Speaker 1: news on a variety of fronts for you.
Speaker 2: We can fit in in just a couple of seconds
Speaker 2: and some great texts.
Speaker 1: I hope you can stick around.
Speaker 2: But first, it's the beloved Friday tradition. Let's take a
Speaker 2: fond look back of the week that was. It's cow
Speaker 2: clips of the week. I think it's going very well.
Speaker 4: Just have to treat us fairly, and we're flipping that
Speaker 4: on its head, the whips of the week.
Speaker 3: My fellow Americans, this is Liberation Day. For decades, our
Speaker 3: country has been looted, pillage, raped, and plundered by nations
Speaker 3: near and far.
Speaker 4: Trump is resetting the entire global market.
Speaker 2: They hate our beef because our beefs is beautiful.
Speaker 1: Do not retaliate, Do not paddic here.
Speaker 2: That's my message to America.
Speaker 1: What if they're wrong, They're not going to be wrong.
Speaker 1: It is going to work. They're not judges, They're just
Speaker 1: pretending to be judges. They're just politicians wearing judges' robes.
Speaker 4: They don't want to see some outsiders, some billionaire come
Speaker 4: in and try to buy a seat on the Wisconsin
Speaker 4: Supreme Court.
Speaker 1: This is gross.
Speaker 4: They're just doing all this to try to distract from
Speaker 4: what's happening on their side.
Speaker 1: I confess that i'd been inadequate to the moment.
Speaker 2: I confess that the Democratic Party has made terrible mistakes.
Speaker 2: We need to own our mistakes, so we need to
Speaker 2: own what's wrong with our partner.
Speaker 1: I don't believe you. It's luck. Director made me remove
Speaker 1: my shirt and told me it was like wearing a
Speaker 1: swastika in front of a Jewish person. Hey, okay, okay, unfair.
Speaker 2: You can see now that we are in a pre
Speaker 2: civil war culture.
Speaker 1: Now, if you take part in the wave of domestic
Speaker 1: terrorism against Tesla properties, we will find you, arrest you,
Speaker 1: and put you behind bars.
Speaker 4: President Trump reportedly says he's considering ways to serve a
Speaker 4: third term.
Speaker 2: The Democrats could try to run Barack Obama. I ask you,
Speaker 2: I'd love that my phone number was in his phone,
Speaker 2: because my phone number is in his phone to the.
Speaker 3: Man that brded my hair while I was asleep on
Speaker 3: a plane, I need you to come forth immediately.
Speaker 1: Oot O. No, it could be my wingman anytime. And they're, well,
Speaker 1: my god, that's an embarrassment. I'm embarrassment just for the listener.
Speaker 2: I have nothing to do with choosing shirtless teenage her
Speaker 2: old movies.
Speaker 1: As opposed to the greatest guy, he's gone too far,
Speaker 1: As opposed to the class he has gone too far,
Speaker 1: the coolest guy movie of all time.
Speaker 2: You got the Fifer flood. Hey, we got a variety
Speaker 2: of things for we can work out. I can work
Speaker 2: up here from not important to important. But we got
Speaker 2: this text from a friend of the show. Here's a
Speaker 2: clip of Val Kilmer explaining how he came up with
Speaker 2: the doc holiday accent from Tombstone, which has always bewildered me.
Speaker 2: And he said, your indignation was righteous and appropriate.
Speaker 1: Wow. Also this actually breaking news.
Speaker 2: British police have charged comedian Russell Brand with rape.
Speaker 1: Oh charged. I was accused, but charged.
Speaker 2: With rape and actual assault after an investigation. The offenses
Speaker 2: took place between ninety nine and two thousand and five.
Speaker 2: Russell Brand has become a big deal on the right.
Speaker 2: He was on Hannity like Night before last, Right, I
Speaker 2: know a woman who came into his orbit and he
Speaker 2: was sweet on her, and she, for whatever reason took
Speaker 2: a pass and has been breathing a sigh of relief
Speaker 2: that she didn't get into that world. It seems like
Speaker 2: a bit of an odd duck to me. Yeah, Russell Brand,
Speaker 2: clever fella, and I had one more that I wanted
Speaker 2: to do before. But anyway, so we'll go this before
Speaker 2: we get into some of the real stuff. We got
Speaker 2: this text. You know, the tariff thing is the biggest
Speaker 2: story maybe in the world right now, I think definitely. So, yeah,
Speaker 2: we got this text. I got out of the market
Speaker 2: in nineteen ninety nine because all the market turbulence. I
Speaker 2: don't care about it all that you morons in the market.
Speaker 2: Ha wow, I don't think we need to explain who
Speaker 2: the moron is here.
Speaker 1: God, you'd be so much richer, Oh my gosh, Like
Speaker 1: what how many times how many multiples of what you
Speaker 1: have would you have now if you just stayed in like,
Speaker 1: you know, the average of the market? Wow?
Speaker 2: Wow, Okay, anyway, yeah, China, Apple stock went down one
Speaker 2: day in two thousand and one, so I dumped it,
Speaker 2: thank goodness. Speaking of that, I don't know if Apple's
Speaker 2: exaggerating or not, but they say it would cost at
Speaker 2: least one thousand dollars more for your iPhone if they
Speaker 2: made him here in the United States. Wait a minute,
Speaker 2: and you know they they made him in the United States. Yeah, yeah,
Speaker 2: but well that's the state. One of the stated goals
Speaker 2: of the Trump administration is to move that sort of
Speaker 2: manufacturing slash assembly back here, which is just not realistic
Speaker 2: for a lot of stuff.
Speaker 1: I think they said it could even triple.
Speaker 2: I think I feel you know, I'm sure it would
Speaker 2: go up, but you know, market forces still apply. So
Speaker 2: you'd get into the what are willing people willing to
Speaker 2: pay Apples what the second most valuable company in the world,
Speaker 2: they might have to make less profit on phones and
Speaker 2: lower their price and cut into I don't know, but
Speaker 2: I don't think you can do the straight math on
Speaker 2: what employees would cost and assume that that's what would
Speaker 2: be the cost of the phone, right, which is indirectly
Speaker 2: one of the reasons it's so difficult to talk about
Speaker 2: the tariff thing intelligently because every effect has half a
Speaker 2: dozen after effects, each of which yield half a dozen each.
Speaker 2: You know that's too many inches, But you know what
Speaker 2: I'm saying. It's just that there's an outward rippling of
Speaker 2: effects and reactions. China has announced they're slapping the United
Speaker 2: States with thirty four percent tariffs you commy devils starting today.
Speaker 2: So my eight pair of socks that costs three dollars
Speaker 2: is going to cost four dollars, bastard.
Speaker 1: I don't know. I don't know how that's going to
Speaker 1: turn out.
Speaker 2: I really don't either. I'm a little a little skeptical
Speaker 2: Wall Street Journal. So my where I think the political
Speaker 2: damage is going to kick in is if inflation goes up.
Speaker 2: Because I heard an argument yesterday on why I'm wrong,
Speaker 2: But I'll go with what I think first before I
Speaker 2: get to the argument why it might be wrong. I
Speaker 2: think the one thing we all understand now coming out
Speaker 2: of a COVID and the Biden administration is inflation and
Speaker 2: what that does over time, and we all have such
Speaker 2: a recent memory of that and everything like that, and
Speaker 2: so like the Wall Street Journal has got Americans rushing
Speaker 2: to buy TVs, soy sauce, Lululemon workout gear, et cetera.
Speaker 2: I love that headline, rushing to buy soy sauce. How
Speaker 2: much does soy sauce cost? And how much do you
Speaker 2: go through? I don't know about you. I really like
Speaker 2: Asian food. I use soy sauce. I like sushi. I've
Speaker 2: probably had the same bottle since two thousand and six
Speaker 2: and it will last me until I'm dead. It'll certainly lost
Speaker 2: you a little while a bottle of soy sauce. Yes,
Speaker 2: my wife and I cook a lot of sturfry, so
Speaker 2: we filled our garage full of it. That's good. You
Speaker 2: are to soy sauce what Diddy was to baby oil.
Speaker 2: But as we all remember, inflation, a lot of it
Speaker 2: is emotional. If you think things are gonna go up,
Speaker 2: you buy a few extra of them now, which drives
Speaker 2: a price up, which makes the news, which makes people
Speaker 2: think I need to buy more of it now.
Speaker 1: And it's just it's hard to break out of that.
Speaker 2: And if that happens, that's what's gonna be politically damaging.
Speaker 2: I think, I really don't think inflation is the main concern.
Speaker 1: I think it's.
Speaker 2: Recession and layoffs, lots and lots of layoffs, not on
Speaker 2: shoring somehow in like a year or two. I mean,
Speaker 2: all of the big beautiful industries coming back to America.
Speaker 2: That would take years, and in the interim there's not
Speaker 2: gonna be a little pain. There's gonna be a hell
Speaker 2: of a lot of pain. Again for complicated economic reasons,
Speaker 2: the way imports affect exports and vice versa, how economic
Speaker 2: growth is slowed by tariffs.
Speaker 1: It's been proved over and over again. I just I'm
Speaker 1: really worried about this. Man.
Speaker 2: If inflation hits, which is what I'm worried about, God,
Speaker 2: what an argument for the Democrats.
Speaker 1: Going into the mid terms. Uh.
Speaker 2: Anyway, the counter to the whole inflation thing, partially is
Speaker 2: that people won't react that negatively because we've lived through
Speaker 2: it so recently. It's not like the Boogeyman from the seventies.
Speaker 2: It's the Boogeyman from year before last, and it's not
Speaker 2: quite as scary. So I don't know how people are
Speaker 2: gonna emotionally react to this.
Speaker 1: I'm your boogieyman.
Speaker 2: Yeah, that's what I am speaking a boogeyman from the
Speaker 2: seventies Casey in the Sunshine Banner Mine hear in a
Speaker 2: little It's a Friday, Michael, isn't it good lyrics? Hey
Speaker 2: word baby baby? Let's get together you and you and
Speaker 2: me or me and you money, you and me, you
Speaker 2: and me.
Speaker 1: Yeah, yeah, that's good, some good stuff.
Speaker 2: Do the things we like to do, or that's get
Speaker 2: down tonight. He was really dancing around the fact that
Speaker 2: we're gonna have sex all night long. But he couldn't
Speaker 2: just say it back then. Right, he's doing rap songs now, right,
Speaker 2: it was art, you know, little art. I'm gonna blank you.
Speaker 2: That's not art. I'm gonna love you until I can't
Speaker 2: get enough what I worn't from our friends. That's what'd
Speaker 2: you say, Michael. Simply safe, Simply save home security. You
Speaker 2: may be spending more time away from the house and
Speaker 2: giving burglars more opportunities to strike because it's summertime or
Speaker 2: soon will be in. The days are longer, and FBI
Speaker 2: crime data shows more breakings happen during daylight when you're
Speaker 2: out than under the kind of classic cloak of night.
Speaker 1: That is interesting.
Speaker 2: In it that we mostly think a nighttime, but it's
Speaker 2: now you drive away from work and during the day,
Speaker 2: and your neighbors are gone too. That's why I like no,
Speaker 2: and I got to sign by the door. Hey, you
Speaker 2: got cameras around here. Got the active guard protection of
Speaker 2: Simply Safe. Authorities will be called right away if they
Speaker 2: see you ooching around outside. And this is with a
Speaker 2: no long term contract or cancelation fees and about a
Speaker 2: dollar a day. Yeah, the active guard outdoor protection prevents
Speaker 2: break ins before they happen. You got the agent's jack
Speaker 2: mentioned and the cameras, and if somebody's lurking around, the
Speaker 2: agents can even see and talk to them in real
Speaker 2: time and call the coppers. Simply safe dot com slash armstrong.
Speaker 2: All of these great monitoring plans start affordably around a
Speaker 2: dollar a day. You can get fifty percent off a
Speaker 2: new system with professional monitoring. Get your first month free
Speaker 2: at simply safe dot com, slash armstrong, simply safe dot
Speaker 2: com slash armstrong.
Speaker 1: There's no safe like simply Safe.
Speaker 2: What a Nike shoe would cost if it wasn't sown
Speaker 2: by children in some far off land. I don't know,
Speaker 2: I don't know. I did this one question. So we
Speaker 2: got some questions answered yesterday that I was asking. I
Speaker 2: still haven't heard this one. Why Why did it work
Speaker 2: for Levi's to be made and converse to be made
Speaker 2: in the United States? Up until the mid nineties it
Speaker 2: was a profitable business. Did something change on the world lands?
Speaker 2: Giant cultural change from I will save and buy it
Speaker 2: when I can to instant gratification and uh and I
Speaker 2: will borrow the money.
Speaker 1: And accepting horrible quality. Apparently yeah in some cases.
Speaker 2: Well, and you have to if you're going to have
Speaker 2: that instant gratification society, that the two have to go together.
Speaker 2: Otherwise you'd spend yourself into financial oblivion, you know, quickly.
Speaker 2: And I'm not judging anybody. It's a bad idea. I
Speaker 2: resist that temptation myself all the time. It's just it's
Speaker 2: not good. It's from the Bible to you know, every
Speaker 2: financial counselor worth is weight in dollar bills from Dave
Speaker 2: Ramsey on. You know, anybody you ask save and buy
Speaker 2: stuff when you have the money. But we don't do that.
Speaker 2: Mail bag on the way a little more news and
Speaker 2: news will be unfolding throughout the day as this is
Speaker 2: the biggest story in the world. Really stay here text
Speaker 2: line four one five two nine kftc.
Speaker 1: Arm shot power two.
Speaker 2: We have three historians on to discuss the smoot Holly
Speaker 2: Teriff Act of the early twentieth century.
Speaker 1: Good on your Friday, it's another smoot Holly Friday.
Speaker 2: Here's your freedom loving quotes of the day from William
Speaker 2: McKinley to Donald J.
Speaker 1: Trump Admers.
Speaker 2: I am a tariff man standing on a tariff platform,
Speaker 2: said McKinley.
Speaker 1: Lasted for a couple of years. It was disastrous.
Speaker 2: There were some to them, and the Republicans lost the
Speaker 2: House of Representatives for sixty years, right, something like that.
Speaker 2: Not necessarily a cause and effect, but a bit of
Speaker 2: a coincidence certainly. And I thought this was interesting. I
Speaker 2: saw Thomas so well. So is he still alive and
Speaker 2: actually saying things?
Speaker 1: Oh?
Speaker 2: Yes, So he was at ninety four or five or something.
Speaker 2: He was commenting on the tariffs and mentioned McKinley. He's
Speaker 2: freaking old muffed, but he he said, the depression was
Speaker 2: caused at least as much by our tariff structure as
Speaker 2: it was by the stock market crash. The terriff thing
Speaker 2: caused the stock market correct so that was his take
Speaker 2: on it yesterday. OI Conservative Thomas soul the great Uh
Speaker 2: yeah uh.
Speaker 1: What was the other thing I was gonna say was
Speaker 1: that it.
Speaker 2: Was a oh and then you know FDR interceding and
Speaker 2: price fixing and the rest of it prevented a recovery
Speaker 2: for years.
Speaker 1: And years and years.
Speaker 2: So oh, the other McKinley quote I wanted to throw
Speaker 2: out there, he said, I have never been in doubt
Speaker 2: since I was old enough to think intelligently that I
Speaker 2: would someday be made president.
Speaker 1: Wow, that's something, and that's what a lot of people
Speaker 1: who end up president are that way. Yeah, it is
Speaker 1: a certain yeah. Ah.
Speaker 2: I'm tempted to go off on a tangent, but I
Speaker 2: won't mail bag, So no mail bag at Armstrong and
Speaker 2: Geddy dot com. Mike Wrights, Katie's corner is fantastic.
Speaker 1: That's it, with a K.
Speaker 2: Katie's Corner at Armstrong and Geddy dot Com. A lot
Speaker 2: of great stuff there. The hot links article, some videos
Speaker 2: we talked about are there. You get some ang swag
Speaker 2: drop his Notebooder, I have not seen it, but it's
Speaker 2: only because I've never looked at our website. Nice job
Speaker 2: moving along, Nick and Arizona rights well shields up Jack
Speaker 2: showing his liberal side hatred of others by mocking star Trek.
Speaker 1: Was bad enough.
Speaker 2: What Katie, Oh, beautiful Katie, you hurt my heart. A
Speaker 2: proud geek standing up for good writing regardless of genre. Okay, sorry,
Speaker 2: a couple of philistines. I work with anti star trekers
Speaker 2: and believe it. This is one of the brainier emails
Speaker 2: we've ever gotten from a gent who calls himself Turlock Holmes.
Speaker 2: It's a central California joke. Deer Rubes, Oh, his title
Speaker 2: is Calvinism Kleine. Deer Rubes had to join two orphan
Speaker 2: topics from yesterday's show, Ezra Cline's musings about how people
Speaker 2: didn't earn it and the broader progressive claimed that there
Speaker 2: is no free will. Mind you, these aren't intellectual orphans.
Speaker 2: They are conjoined twins in the same hollow narrative. As such,
Speaker 2: modern progressivism is voiced by Klein and his choir of
Speaker 2: credentialed fatalists is just Calvinism with a sociology degree, preaching
Speaker 2: that merit is an illusion and free will of bourgeois myth.
Speaker 2: This is the gospel of the new Claricy that is
Speaker 2: a word I do not use. That the individual is powerless,
Speaker 2: personal achievement is a mirage, and redemption lies not an effort,
Speaker 2: but in obedience to the system. They've merely swapped God
Speaker 2: for the system, sin for privilege, and grace for ideological compliance.
Speaker 2: It's original sin in wooke clothing, where you're born guilty,
Speaker 2: can't redeem yourself and must submit to the new priesthood.
Speaker 2: Taken together, today's secular intelligencia are just recycling old theological frameworks,
Speaker 2: only now without the cross or the collar.
Speaker 1: It's enough to make Michaelangelo swear again. Wow.
Speaker 2: So that is really well written, and a number of
Speaker 2: people have pointed out the whole whether it's climate change, wokeism,
Speaker 2: has so many of the hallmarks of that sort of thing,
Speaker 2: because there are blasphemy laws. Yeah, they're blasphemy laws, like,
Speaker 2: you know, you can't say all lives matter. You've blasphemed
Speaker 2: and you need to be put to death. Yeah, or
Speaker 2: certainly professionally. Yeah yeah, well, said another Jay in San Jose, California. Right, so, guys, Oh,
Speaker 2: the topic of gene editing babies in general. In a
Speaker 2: future where we can choose the traits of our unborn.
Speaker 2: What will we do about genius? Wouldn't many parents want
Speaker 2: genius for their child. Real genius often has a relationship
Speaker 2: with insanity Teslav and go Hughes and many more. If
Speaker 2: we genetically eliminate all of our defects, do we miss
Speaker 2: an opportunity for something greater? Nature sends the occasional deformity
Speaker 2: for a reason or what's the genetic term for a
Speaker 2: deformity mutation? That's how we got here, after all, he says.
Speaker 1: Ah, boy, I don't that's an interesting question.
Speaker 2: If you I could choose for like I don't know
Speaker 2: what level IQ, but like super high IQ, I think
Speaker 2: i'd be.
Speaker 1: A no on that.
Speaker 2: Yes, we've observed through the years and having geniuses around,
Speaker 2: be they Galileo or Elon Musk is really useful, it's great.
Speaker 2: But genius is just another kind of his brain doesn't
Speaker 2: work like other people's. And often you know somebody that crazy,
Speaker 2: crazy smart is really alienated or unhappy.
Speaker 1: Well yeah, yeah, it can make you miserable, but you
Speaker 1: know that's that's a good one.
Speaker 2: I wonder what percentage of people with an IQ over
Speaker 2: and again, I don't know enough about the IQ scale,
Speaker 2: but a high number one or what percentage of like
Speaker 2: are successful and what percentage are miserable or kill themselves
Speaker 2: or whatever?
Speaker 1: It? Is it like ninety ten or is it fifty
Speaker 1: to fifty.
Speaker 2: Or is it like a random distribution. I don't know,
Speaker 2: let's see. Oh yeah, probably ought to touch on this.
Speaker 2: Steve from NAPA the first of many to write in
Speaker 2: about Trump's misleading reciprocal tariff's chart. The way they form
Speaker 2: emulated the quote unquote reciprocal tariffs was not the way
Speaker 2: it seemed. We talked about it later in the show yesterday.
Speaker 2: We can explain it again today. It's kind of a
Speaker 2: complicated formula, and whether it's a good idea or not
Speaker 2: is in the i of the beholder right now. Definitely disruptive, though.
Speaker 2: I saw Jim Kramer going off on that MSNBC. Let's
Speaker 2: stop using the word reciprocal.
Speaker 1: It's misleading. We can get into more of that now
Speaker 1: or two.
Speaker 4: It's something
Speaker 1: Armstrong and getty