Speaker 1: Broadcasting live from the Abraham Lincoln Radio Studio, the George
Speaker 1: Washington Broadcast Center, Jack Armstrong and Joe Getty arms Strong
Speaker 1: and get and he Armstrong and Getty.
Speaker 2: Kids don't like capitalism. And I think a lot of
Speaker 2: it has to do with social media. The clickbait, right,
Speaker 2: rage bait works better in social media and gets more
Speaker 2: people's attention. And if Mundominie is out there saying you're
Speaker 2: getting free housing, you're getting free transportation, you're getting cheaper groceries,
Speaker 2: and that's what they're going to respond positively to.
Speaker 1: Is there any way that can work? No? No, of
Speaker 1: course not.
Speaker 2: No.
Speaker 1: We w estate in America. That's great. Mark Cuban, one
Speaker 1: of the most successful capitalists in history as a billionaire,
Speaker 1: saying to Bill Maher when Bill Maher asked of that
Speaker 1: work in New York, saying no, of course not no.
Speaker 3: The other guy, whoever it was, oh Andrew Ross Sorkin
Speaker 3: talking about how we have a financial illiteracy problem. That's
Speaker 3: one hundred percent correct. Yeah, absolutely correct.
Speaker 1: Well, because the freaking teachers are socialists, so no, they're
Speaker 1: not going to teach you the financial literacy. That says, no, capitalism,
Speaker 1: free markets are good in this way, and here's why
Speaker 1: rent control and government run grocery stores and all these
Speaker 1: things have been tried don't work. Your teacher is not
Speaker 1: going to do that because they believe in socialism. Right, God,
Speaker 1: what's really interesting.
Speaker 3: You can talk people out of believing in rent control,
Speaker 3: for instance, in three minutes. And three minutes is a
Speaker 3: little luxurious. You give me two and a half. I'm
Speaker 3: pretty sure I can get it done. But if you're
Speaker 3: never exposed to that sort of thinking that again, socialism
Speaker 3: is the greatest scam ever designed, I think. So I'm
Speaker 3: on that topic kind of sorta in the next stuff.
Speaker 1: We're going to talk about it. Andrew Ross Sorkin, who's
Speaker 1: the hero of the left for you know, financial stuff,
Speaker 1: said no, it can't work.
Speaker 3: Right right, Yeah, So this is kind of a looking
Speaker 3: at the left thing having to do with online culture.
Speaker 3: But I came across a piece, really well considered and
Speaker 3: written piece in the Free Press about how a lot
Speaker 3: of young conservatives are getting swept up in really ugly
Speaker 3: stuff online into you know, neo fascism and the whole, like, uh,
Speaker 3: the man is for the whole what's his name?
Speaker 1: Cooper?
Speaker 3: Who talks to a Tucker and tries to claim that
Speaker 3: Churchill was a bad guy and Hitler was misunderstood all.
Speaker 1: Those historian Darryl Cooper, who's not actually.
Speaker 3: Not an effing historian, right exactly, And how a lot
Speaker 3: of young people on the right are getting swayed by
Speaker 3: this stuff too. So it's not entirely a lefty proposition.
Speaker 3: But the headline in the Wall Street Journal over the weekend, Girl,
Speaker 3: take your crazy pitch bills. Antidepressants recast is a hot
Speaker 3: lifestyle accessory. Influencers taut the drugs, but many unsuspecting followers
Speaker 3: find the side effects to take the fun out of life,
Speaker 3: and they give a bunch of examples of like this
Speaker 3: one stay at home mom she felt lonely, overwhelmed at times,
Speaker 3: paralyzed with anxiety and self doubt, and so she heard
Speaker 3: a former MTV star talk up lexa pro on a podcast.
Speaker 3: She searched for the drug on TikTok. Her go to
Speaker 3: information source and found hashtag lexapro talc and similar niche
Speaker 3: online communities where women in their twenties and thirties praised
Speaker 3: the benefits of antidepressants. She posted a video asking for help.
Speaker 3: Someone recommended a telehealth company. She answered a quick questionnaire
Speaker 3: and an online nurse protect practitioner slash drug dealer prescribed
Speaker 3: a generic version of Lexi pro bottle arrived a couple
Speaker 3: of days later, and then this.
Speaker 1: Gal, wo, that's that easy to get on the SSRIs.
Speaker 1: I mean, most doctors are going to throw it at
Speaker 1: you anyway, based on my experience. But she didn't even
Speaker 1: have to leave her house.
Speaker 3: So she immediately starts posting TikTok videos of herself running
Speaker 3: to the mailbox for a pill package, taking a dose,
Speaker 3: using such hashtags as lexapro batties and get help Mama.
Speaker 3: In the months that followed, she gushed over the pills
Speaker 3: to her thousands of followers. For a time, she belonged
Speaker 3: to a social media movement that's given antidepressants a makeover
Speaker 3: from a stigmatized medicine to a healthy lifestyle accessory, friend
Speaker 3: lightened and empowered young women.
Speaker 1: When did it get stigmatized? I must have missed that
Speaker 1: because gazillions of Americans are on it.
Speaker 3: Yeah, well it's gotten less stigmatized. But here's my favorite part.
Speaker 3: Millennial and gen Z influencers, some paid by telehealth companies,
Speaker 3: evangelize antidepressants on TikTok and Instagram using hashtags like live laugh, lexapro, lexipro, girly,
Speaker 3: lexa ho and zooft gag lexaho. I know, recasting the
Speaker 3: medications as popc alter touchstones, and on TikTok hashtag antidepressants
Speaker 3: has surpassed one point three billion views, etc. Then they
Speaker 3: go into this list of you know, attractive young women
Speaker 3: and stato moms that tout the benefits of the medicine
Speaker 3: and get thousands of followers and talk thousands of people
Speaker 3: into doing it, who they then give them up and
Speaker 3: wean themselves off because it makes them miserable and ruins
Speaker 3: their lives. But they do that pretty quickly or quit
Speaker 3: it pretty quietly. Rather and the videos of hey, here's
Speaker 3: my actual long term experience, those don't.
Speaker 1: Get nearly as many of you. I'm sure, that's sure.
Speaker 1: I know plenty of people that are on SSRIs who
Speaker 1: swear by them and are happy with them. But if
Speaker 1: you are put on them or go on them and
Speaker 1: you don't need it, I guess it makes you really
Speaker 1: flat and life feels quite unpleasant.
Speaker 3: Right, crushes your libido, weight gain, et cetera. Just yeah,
Speaker 3: everything is kind of flattened. So anyway, I just thought again,
Speaker 3: this is the democratization of ideas, where an idea can
Speaker 3: reach millions of people worldwide, when if it was just
Speaker 3: happening in your town, the person you know selling it
Speaker 3: would be told over and over again that's a bad idea,
Speaker 3: and probably let it drop. And on a similar topic,
Speaker 3: I found this really really interesting. Who did this twenty
Speaker 3: twenty four presidential election study big survey mental health challenges
Speaker 3: are an important part of my identity? Among boomer males,
Speaker 3: seventy three percent of them essentially said, no matter what
Speaker 3: psychological challenges I face, I will not let them define me.
Speaker 1: Right. That used to be a feeling for most people
Speaker 1: is like you, you would not allow yourself to believe
Speaker 1: you have any of those things. And then even if
Speaker 1: it were true, proven, you'd want to kind of keep
Speaker 1: it on the down low because he didn't want it
Speaker 1: to be your thing. Well, and I.
Speaker 3: Wouldn't want people to look at me and say, oh,
Speaker 3: there's Joe he has anxiety.
Speaker 1: Right.
Speaker 3: I mean, I know there's a dozen things, maybe fifty
Speaker 3: things I'd rather have.
Speaker 1: You say, and there's Joey's nahole.
Speaker 3: I mean, for instance, it's better anyway there's Joe man.
Speaker 1: Can he dance, so please like a stare please? Uh so.
Speaker 3: Seventy three percent of boomer males essentially said, no matter
Speaker 3: what psychological challenges I face, I will not let them
Speaker 3: define me. Seventy two percent of gen Z females said essentially,
Speaker 3: mental illness is an important part of my identity. Seventy
Speaker 3: two percent said mental health challenges are an important part
Speaker 3: of my identity.
Speaker 1: Yeah. That has been my experience in a variety of
Speaker 1: ways with that generation, in hiring them for sitters in
Speaker 1: a variety of different things. Is everybody explains really early
Speaker 1: on what they're I have anxiety, so I have to
Speaker 1: do this, or I've OCD or whatever it is, right right?
Speaker 3: Both gen Z men and women view their mental health
Speaker 3: as an important part of their identity at a rate
Speaker 3: over five times that of boomers. For instance, Well, unless
Speaker 3: you're older and you grew up in that culture, how
Speaker 3: are you ever going to go through a rough patch
Speaker 3: in your life now where you wouldn't take some sort
Speaker 3: of drug for it, Because, I mean, all your friends are.
Speaker 1: And rough patches. I've had rough patches that last a
Speaker 1: freaking long time. I'll tell you that. Sometimes they do.
Speaker 1: Oh yeah, sometimes my own decisions.
Speaker 3: I've witnessed young women bonding over their mental health challenges.
Speaker 3: It's it's part of the whole you know, lionization of
Speaker 3: the victim, victim culture in essence, and it's supported online
Speaker 3: in a lot of ways that are really really interesting.
Speaker 1: Maybe I don't be a lesson that they teach you
Speaker 1: more people as you might go through not might. You
Speaker 1: will go through many periods of your life where there
Speaker 1: are weeks or months or maybe half a year where
Speaker 1: you're really down because this or that happened, and then
Speaker 1: you'll come out of it right, but you'll feel like,
Speaker 1: I don't know what the point is because you're on
Speaker 1: a journey to discovering what the point is, and sometimes
Speaker 1: that takes a long time. That's not mental illness, that's life.
Speaker 3: Yeah, but I think it's worth going back to the
Speaker 3: previous article that was pointing out that a lot of
Speaker 3: these people are sponsored by the people selling the pills.
Speaker 3: Of course, yeah, but they dress it up in like
Speaker 3: there's this one influencer, what's her name, cute chick, you know,
Speaker 3: dressed kind of sexy, she's funny, she's wacky. Elena Davis,
Speaker 3: thirty five year old influencer, made this video in twenty
Speaker 3: twenty three of her dress like she's going out to
Speaker 3: the club, laughing and taking her pills and making a
Speaker 3: big deal of how great it is. She weaned herself
Speaker 3: completely off them a couple of years later because they
Speaker 3: essentially screwed.
Speaker 1: Up her life. Yeah, good lord, the internet is a
Speaker 1: bad place to be. Did plug it? Did the laws
Speaker 1: change around medicine somewhere where these doctors that have never
Speaker 1: met you can prescribe you things that you used to
Speaker 1: have to go see here? Yeah?
Speaker 3: Yeah, there's been kind of an evolution through the de
Speaker 3: evolution because there's.
Speaker 1: All kinds of drugs you can get on just by
Speaker 1: basically you just pay for them and you check some
Speaker 1: boxes on a form and they say, sure, we'll send
Speaker 1: them to you.
Speaker 3: You've never met me, you haven't taken any blood work.
Speaker 3: That reminds me, I gotta pop my daily VIAGRAA. I
Speaker 3: like to be ready, you know, like the boy scouts say,
Speaker 3: be prepared.
Speaker 1: Huh, Well that's interesting.
Speaker 3: Okay, oh speeding young woman thing. Thank you everybody for
Speaker 3: recommending it. I've already seen it. I'm editing it. An
Speaker 3: absolutely brilliant piece about the feminization of America and the
Speaker 3: effect that that has had and it is well. I
Speaker 3: just called it brilliant already. I will reaffirm it's brilliant,
Speaker 3: and we'll bring it to you tomorrow, maybe in this
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Speaker 1: Like I know the weather's nice and maybe they're biting,
Speaker 1: but don't go fishing off the coast of Venezuela right now.
Speaker 1: Trump had some strong words for the president down there.
Speaker 1: Also some new news about peanut allergies. It's good news
Speaker 1: for the first time in the long time. And a
Speaker 1: bunch of other stuff on the way. So stay here.
Speaker 3: Are you strong?
Speaker 2: That Maduro offered everything in its in his country, all
Speaker 2: their natural resources.
Speaker 1: He even recorded a message to you in English recently
Speaker 1: offering mediation. He has offered everything. He's offered everything.
Speaker 3: You're right, you know why, because he doesn't want to
Speaker 3: fay around with the United States.
Speaker 1: Thank everybody, Thank you, thank you, everybody. Lange from the
Speaker 1: President of the United States saying that President Maduur of
Speaker 1: Venezuela does not want to blank f around with the
Speaker 1: United States, which he probably doesn't.
Speaker 3: Actually, no indeed, he's making a show of toughness, but
Speaker 3: behind the scenes, of course, he's saying, hey, let's ratchet this,
Speaker 3: oh buddy.
Speaker 1: So we blew another drug boat out of the water
Speaker 1: the other day. Two people survived, and they were sending
Speaker 1: them back to their countries of origin or something like that.
Speaker 3: Uh yeah, yeah, and talking tough to the good folks
Speaker 3: in Colombia as well, really tough. We used to have
Speaker 3: a pretty decent relationship with him, but then they start
Speaker 3: to electing leftists and going back to the whole coca
Speaker 3: production thing.
Speaker 1: So, yeah, it's a different story. Last week, we were
Speaker 1: mocking health advice that experts had been giving us throughout
Speaker 1: the years. It turned out to be not only wrong,
Speaker 1: but the exact opposite of what we should have been doing.
Speaker 1: Each trans fat, Yeah, eat trans fat instead of butter.
Speaker 1: Is like, you would only give that device advice to
Speaker 1: someone if you wanted to kill them, or if you
Speaker 1: hated them. You didn't have the nerve to shoot them,
Speaker 1: so you try to kill them with art attack, right,
Speaker 1: So we've been doing the same with kids and peanuts
Speaker 1: for twenty years. It turns out, actually you've known this
Speaker 1: for a while. The rest of the world has known
Speaker 1: this for quite a long time. I will read I
Speaker 1: think we had this guy on back in the day.
Speaker 1: He wrote a book called an Abundance of Caution. Anyway,
Speaker 1: he said, and this comes out of the headline peanut
Speaker 1: allergies have plummeted in children. Study shows why is that?
Speaker 1: According to this guy who wrote this book, they're out
Speaker 1: of fashion. American pediatricians, the experts recommended against early exposure
Speaker 1: to peanuts for kids. Do not give little kids peanuts,
Speaker 1: do not let them eat anything with peanuts in case
Speaker 1: they have analogy. And we've been doing this for twenty years,
Speaker 1: which was the opposite of what we should have been doing,
Speaker 1: causing great harmed, untold numbers of kids. They did this
Speaker 1: because despite the facts that for decades, for instance, Israeli
Speaker 1: kids had been eating peanuts from a young age in
Speaker 1: a very low incident of pena analogy in lots of
Speaker 1: other countries, and even despite a belated shift in US guidance,
Speaker 1: evidence was there in the open that exposure was exposure
Speaker 1: to peanuts was preventative, yes, Yet out in an abundance
Speaker 1: of caution we went the other direction, leading kids to
Speaker 1: live lives where you have to be scared to death
Speaker 1: of ever come in contact with one molecule of peanuts,
Speaker 1: or it will kill you. Right.
Speaker 3: Well, that reminds me so much of study after study
Speaker 3: has shown this. I mean, it's absolutely unmistakable. Kids who
Speaker 3: live in societies where they're not hyper clean, they let
Speaker 3: the kid crawl around on the floor, they got animals
Speaker 3: coming in and out of the house or whatever. They
Speaker 3: have far far fewer allergies and much more robust immune systems.
Speaker 3: Keeping kids hyper clean doesn't do them any favors. I'm
Speaker 3: not in favor of letting your kid crawl around in
Speaker 3: an outhouse or whatever, but you dive down into it
Speaker 3: particularly bad example.
Speaker 1: I don't think anybody was going to do that. Well,
Speaker 1: I picked an.
Speaker 3: Extreme, but yeah, it's that's not doing your kid any favors,
Speaker 3: keeping them hyper clean. But zillions of dollars worth of
Speaker 3: products are sold to you, and they convince you that
Speaker 3: to be a good parent, you should never expose your
Speaker 3: child to any dirt or grime or germs, or certainly
Speaker 3: not peanuts.
Speaker 1: So so what happened here? You had so some people
Speaker 1: are allergic to peanuts, very rare in its natural setting,
Speaker 1: it would seem so. But then so you had a
Speaker 1: couple of kids got die, and then we went crazy
Speaker 1: the other direction, like some people well of peanut or allergies,
Speaker 1: we don't have why, so don't let any kid eat peanuts.
Speaker 1: And then you created this allergy yes, and lots of
Speaker 1: kids to where you can have peanut butter sandwiches at
Speaker 1: school and people live in fear for their kids' lives
Speaker 1: because they actually have been an analogy.
Speaker 3: Now you get pretzels on airplanes, which is fine because
Speaker 3: I like pretzels. That's that's why, probably a.
Speaker 1: Lower concern with me, kids living their lives of fear
Speaker 1: of dying. But Joe did not get peanuts on airplanes.
Speaker 1: So let's I.
Speaker 3: Found them very satisfying. You snacks go, I don't appreciate
Speaker 3: they are.
Speaker 1: I eat lots of nuts. We might actually start endorsing
Speaker 1: a particular nut company because they are an appetite suppressant.
Speaker 1: I really like that about nuts. Oh, I eat nuts
Speaker 1: all the time. I love them. Yeah, Katie, grow up. No,
Speaker 1: I will not grow up. You're about to be a mother. Yeah, exactly,
Speaker 1: You're about to be a mother, and a kid's gonna
Speaker 1: be hilarious. Probably, I bet my bottom dollar Armstrong and getdy.
Speaker 1: So it's fourth down and one yard, fourth and one.
Speaker 1: The Chiefs at least pretend they're going to go for
Speaker 1: it in the football game yesterday against the Oakland or sorry,
Speaker 1: the LA Raiders. Even Tony Romo, the announcer, though new
Speaker 1: they weren't actually gonna go for it. They were gonna
Speaker 1: do what they call a hard count. The quarterback goes
Speaker 1: up there and goes hike, and you try to get
Speaker 1: the other side to jump off sides because they get
Speaker 1: all excited. And then you get a penalty, and then
Speaker 1: you get.
Speaker 3: Tossed out, and so you have the guys shift around,
Speaker 3: and then you go again. Then you have them shift
Speaker 3: around again. The defense is like, would you stop it?
Speaker 3: We're not gonna jump it.
Speaker 1: Basically never works. But anyway, this is how it unfolded
Speaker 1: yesterday on fourth and a foot, try to draw them
Speaker 1: off side. Sorry my home, says coach.
Speaker 3: It doesn't they go yeah, they got Yeah, you would
Speaker 3: get up on that one.
Speaker 1: You thought for sure it was a draw. Didn't you
Speaker 1: read drop off side? I believe Peter Carelly even knows this.
Speaker 1: So what happened there was it was a fake play.
Speaker 1: It was a fake hard count. Patrick Mahones goes up
Speaker 1: to the line and says loud enough for the microphones
Speaker 1: to pick up effing never effing works.
Speaker 3: And he's looking toward a sideline like, why are you
Speaker 3: making us to this stupid thing?
Speaker 1: Bad? And then when the Raiders are probably either laughing
Speaker 1: or relaxing or whatever, they do hike the ball and
Speaker 1: run the guy and then they make the first down.
Speaker 1: That's a pretty funny play to run, especially when you
Speaker 1: win forty one to nothing.
Speaker 3: Yeah, I'd have kept that one under wraps for when
Speaker 3: you really needed it. But the fake, fake play.
Speaker 1: Yeah, no kidding, Save that one for a serious game
Speaker 1: where you actually need it. Anyway, that was fun reading
Speaker 1: this in Bloomberg yesterday, Bloomberg, which I just subscribed to
Speaker 1: cat Can I do this? Y'all? Who can do this?
Speaker 1: You're better than me? So the world is crafted this
Speaker 1: way in so many different ways. Like Amazon suggests go
Speaker 1: ahead and buy whatever you want to buy because our
Speaker 1: return policy is so great. But a lot of it
Speaker 1: is thinking that people like me will never get around
Speaker 1: returning it a healthy enough percentage. It's a winner for them.
Speaker 1: Lots of businesses are you can return the same time
Speaker 1: you want, but you know, I'll even send you the label,
Speaker 1: but they think you'll never get around to it. A
Speaker 1: lot of subscriptions are We're going to give you an
Speaker 1: incredibly low price to subscribe to this. Now it goes
Speaker 1: up at the end of the month, but the first
Speaker 1: month is so cheap. How could you not? Right? And
Speaker 1: I think, you know what, that's perfect, like I just
Speaker 1: did with Bloomberg Bloomberg News dollar ninety nine for the
Speaker 1: first two months. Then it goes to forty dollars a month,
Speaker 1: which is a lot change. We have forty forty dollars
Speaker 1: a month after the other news. After the first two months.
Speaker 1: All I gotta do is reach remember to cancel it
Speaker 1: before the two months are up? Now, will I remember? No?
Speaker 1: But I'm gonna try very hard this time. Set yourself
Speaker 1: a calendar alert, an alarm, I do that sort of thing.
Speaker 1: But I'm such an f up that, oh yeah, there's
Speaker 1: the alert. Good for me. So as soon as I
Speaker 1: get home, I'm gonna go or whatever. But so they
Speaker 1: were talking about this article from several years ago that
Speaker 1: got a tremendous amount of attention about avocado toast. If
Speaker 1: millennials are so poor, is all the millennials talking about
Speaker 1: we can't own homes, we can't make it like you could,
Speaker 1: and blah blah blah. If millennials are so poor, how
Speaker 1: come they eat avocado toast? It was this guy who
Speaker 1: writes an economic column was always out to brunch on
Speaker 1: a Saturday or Sunday morning into place is packed with
Speaker 1: millennials eating twenty dollars toast, And he said, this doesn't
Speaker 1: fit in with is it just life decisions? Why you
Speaker 1: don't have any money? There's an there's a certain amount
Speaker 1: of truth to that. You've been to Europe, you eat
Speaker 1: avocado toast, but you don't have a down payment for
Speaker 1: a house. Do you think any of those things fit
Speaker 1: together at all anyway? No? No, Okay. When I was
Speaker 1: your age, I hadn't been to Europe, but you've been
Speaker 1: all over Europe. Okay, what it is. But the point
Speaker 1: in Bloomberg is that those days are no longer true anymore.
Speaker 1: The statistics for American millennials have changed rapidly. Some fifty
Speaker 1: five percent of millennials now own homes. On average, millennials,
Speaker 1: and this is the stat that blew me away. On average,
Speaker 1: millennials are now nearly a third richer than baby boomers
Speaker 1: were at the same point in their lives adjusted for inflation. Wow.
Speaker 1: So it's just not factually true that millennials are so
Speaker 1: much poorer than previous generations. Are behind the eight ball.
Speaker 1: I think the expectations are way different. Yeah.
Speaker 3: Probably, But well, the oldest millennials at this point are
Speaker 3: in the forties.
Speaker 1: Is that right? I can never remember the two machine
Speaker 1: GPT what the millennial age is there, forced Katie, Millennials
Speaker 1: are from Wonderever. It's funny. I did this just yesterday
Speaker 1: with gen Z because my kids were wondering if they
Speaker 1: were gen Z or not, and they both are, and
Speaker 1: then they got into an argument because my fifteen year
Speaker 1: old said, you're not gen Z. I mean, technically you are,
Speaker 1: but clearly not. You watched completely different YouTube videos than
Speaker 1: I did when we were kids and stuff like that. Wow.
Speaker 1: Slicing it very thing. That's something to gauge it on.
Speaker 1: Millennials are from eighty one to ninety six. Well it is,
Speaker 1: actually if you were born in eighty one. Yeah, heck,
Speaker 1: mid forties. Yeah you so you're forty four. But so
Speaker 1: fifty five percent of millennials now on a home and
Speaker 1: on average, millennials are now now nearly a third richer
Speaker 1: than baby boomers were at the same point in their lives.
Speaker 1: The Federal Reserve Bank found that millennials own one point
Speaker 1: three five dollars for every dollar boom did at that age. Okay, boomer, uh.
Speaker 1: Millennial household's average net worth was around ninety dollars in
Speaker 1: twenty sixteen, but it's now estimated to be four times
Speaker 1: that size, having ballooned at an unusually fast pace. A
Speaker 1: lot of it having to do with where the stock
Speaker 1: market is now versus where it was twenty sixteen when
Speaker 1: that article came out about avocado toast and whatnot. One
Speaker 1: of the interesting things about this, though, is that the
Speaker 1: gap between the richest and poorest millennials is now sixty
Speaker 1: four thousand dollars wider than it was for boomers when
Speaker 1: they were the same age. Oh my, so there's a
Speaker 1: real have and have nots among millennials now. I like
Speaker 1: to just because it reinforces my own life choices, like
Speaker 1: to believe that a lot of your financial situation has
Speaker 1: to do with the choices you've made, not only like
Speaker 1: education and employment, but how you spend your money specifically.
Speaker 1: And again, this is a burn my saddle because every
Speaker 1: poor person I know, and I've hired many of them,
Speaker 1: who complains about being broke has been to freaking Europe.
Speaker 1: I had been to Europe when I was that age.
Speaker 1: You maxed out your credit card, you backed pack across Europe,
Speaker 1: and now you can't afford I almost dropped an SMO.
Speaker 1: Now you can't afford us. That's not my fault. I
Speaker 1: wanted to go to Paris too, but I didn't. You
Speaker 1: know why, because I didn't think I could afford it.
Speaker 1: And you know what, I was right, I couldn't afford it. Yeah,
Speaker 1: so true. Oh boy, do you know how often I
Speaker 1: ate out? And we didn't have avocado toast back then?
Speaker 1: Being how often I ate out at restaurants? And as
Speaker 1: that age zero zero, I never ate out at a restaurant.
Speaker 1: Why I heard of restaurants? Did you not know they're there?
Speaker 1: I couldn't afford it? Yeah, yeah, Oh.
Speaker 3: I came across just a great indictment of cal Unicornia,
Speaker 3: and it's kind of a warning for Mamdani voters about
Speaker 3: how it's so called progressive policies have absolutely you know,
Speaker 3: how do you want to put this in case? Income
Speaker 3: inequality in cement? They make upward mobility impossible. Progressive policies
Speaker 3: paralyze upward mobility super interesting.
Speaker 1: Maybe squeeze that in next segment. Let me read just
Speaker 1: a little more from this because it's interesting. And I
Speaker 1: ended up getting in a conversation with my kids about
Speaker 1: how the whole generation thing has a lot of flaws,
Speaker 1: because I mean, you can't cut it off right at
Speaker 1: nineteen eighty one, like Joe and I are gen Z
Speaker 1: by one year. But the idea that we're drastically different
Speaker 1: gen X, the idea that were drastically different than the
Speaker 1: people one year older than us.
Speaker 3: Is of course silly. I can't even talk to my sister,
Speaker 3: she is a year older than they. I don't even
Speaker 3: know what the hell she's talking about, going on about
Speaker 3: Hitler and winning the Great War and.
Speaker 1: The rest of good exucid. I don't even know that's funny.
Speaker 1: Americans all ages have a penchant for latching on to
Speaker 1: stories that label the generations neatly. It's an inclination that
Speaker 1: can veer into tribalism, which is why Harvard professor Lewis
Speaker 1: Mendend has compared generation this is this is up our
Speaker 1: Alley has compared generational analysis to astrology. It is practically that.
Speaker 3: Yeah, gen Z came up with that whole generational analysis
Speaker 3: because they're so stupid.
Speaker 1: Generations do play an important role in our lives, but
Speaker 1: not a solely determinative one, of course. And while it's
Speaker 1: easier to blame older people for an economy's failings and
Speaker 1: simpler to use averages to frame an unexpected recovery, broad
Speaker 1: generalizations distract us from the two challenges, true challenges of
Speaker 1: the world with live and blah blah blah. I like
Speaker 1: this one. Avocado toast wasn't the first trope millennials were
Speaker 1: fed about themselves. In the years just after the two
Speaker 1: thousand and eight financial crash, the predominant narrative about millennials
Speaker 1: was one of laziness and entitlement. Their supposed intellectual failings
Speaker 1: were profiled and a famous book called The Dumbest Generation.
Speaker 3: Yes, well, we let the schools get away with not
Speaker 3: teaching them anymore. So to what extent that is true?
Speaker 1: You know? Word of blame and Time magazine had back
Speaker 1: in the day about millennials the me me me generation.
Speaker 1: Millennials are lazy, entitled narcissists who still live with their parents.
Speaker 1: What's just fact what's not true in that headline. So
Speaker 1: a couple of thoughts.
Speaker 3: I've always hated the whole generational analysis thing, honestly, because
Speaker 3: you know, I look at my so called generation. You
Speaker 3: put me in a room with nine other gen X people.
Speaker 3: The number of people I'm willing to say I'm just
Speaker 3: like them is it might be one, and I probably.
Speaker 1: Shouldn't because that person's better than me. Well, I mean,
Speaker 1: it's just silly.
Speaker 3: A bunch of their cultural commonalities, but a bunch of
Speaker 3: them would be twenty years younger than you, so you
Speaker 3: would not have a lot of commonality on a bunch
Speaker 3: of things. The second thing is, I've learned so much
Speaker 3: from the world of sport, and you know, I tried
Speaker 3: to teach my kids this, but no longer am E
Speaker 3: their sole influence, and it's too bad. And at least
Speaker 3: one or two cases, we would show up to a
Speaker 3: baseball field and I was often playing third base at
Speaker 3: that time, and the infield would suck. It was uneven,
Speaker 3: there were rocks in it. I was gonna be getting
Speaker 3: ground balls in the teeth all day long. It was like,
Speaker 3: oh my god, here we go. Both teams were playing
Speaker 3: on the same field. What are you going to do?
Speaker 3: You're there, that's your situation, that's your reality. Or like
Speaker 3: in golf, it's a miserable, cold, rainy day, somebody is
Speaker 3: going to walk away with the trophy in their hands
Speaker 3: and be able to talk about it for the rest
Speaker 3: of their life.
Speaker 1: Show up and play. So the field the other guys
Speaker 1: played on was better. What do you do now? Show
Speaker 1: up and play? I say you go to the latest
Speaker 1: brunch place and have some avocado toast. I do enjoy.
Speaker 1: Show people pictures of your backpacking around Europe. Then talk
Speaker 1: about how you can't afford a car.
Speaker 3: My yarco was so amazing. It was so amazed. Was
Speaker 3: a little spicy there. That's the Spanish though, they're spicy cooking.
Speaker 1: All right, I've probably made you so.
Speaker 3: How California has kept the people down, that's weird. That's
Speaker 3: the opposite of what the Gavenuseman progressive say they're doing.
Speaker 1: And this is pretty funny.
Speaker 3: I don't want to give it away, but a belated
Speaker 3: Happy Columbus Day slash Indigenous People's Day to everyone. A
Speaker 3: humorous note on that celebration coming up next.
Speaker 1: And you are right. The key to the Patrick Mahomes
Speaker 1: thing is that he had two f words. Yes, this
Speaker 1: is effing never effing worse. Makes it so much better?
Speaker 1: All right, you got lots on the way, stay here.
Speaker 1: Hundreds of people in Portland sent a message to Ice
Speaker 1: to leave their city by riding their bikes naked through
Speaker 1: the rain. And you're not going to believe this. It
Speaker 1: didn't work. Portland's going to Portland, you know.
Speaker 3: So a belated happy Columbus data all who celebrate maybe
Speaker 3: it's Indigenous People's Day to you. I love this from
Speaker 3: the Beacon, Washington Free Beacon. A lot of Democrats burnished
Speaker 3: their woke credentials course by celebrating about and talking about
Speaker 3: Indigenous People's Day.
Speaker 1: And they have a list.
Speaker 3: The official ex account for House Democrats posted a picture
Speaker 3: of a bison.
Speaker 1: There you go.
Speaker 3: Governor Tim Waltz of Minnesota, remember he was going to
Speaker 3: teach America the new version of masculinity. He attended a
Speaker 3: Native American ceremony, according to his website, on the shore
Speaker 3: of Bidimachaska, which is probably just some suburb of Minneapolis.
Speaker 3: Representative Ayana Presley declared, we are all on stolen land,
Speaker 3: alas the esteemed Congress show. That is true, but so
Speaker 3: is everybody else. Yeah, so's everyone else.
Speaker 1: So we stole it from stole it from somebody else. Yeah, exactly.
Speaker 1: That's the main thing is whoever we stole it from,
Speaker 1: stole it from somebody else.
Speaker 3: So here's the business end. Anna Presley declared, we were
Speaker 3: all on stolen land. Alas, the esteemed congresswoman declined to
Speaker 3: set a timetable for vacating her million dollar plus vacation
Speaker 3: home on Martha's.
Speaker 1: Vineyard or noepe as.
Speaker 3: The island is known by its rightful owners, the Wampanogu
Speaker 3: tribe of gay Head who need to change that name.
Speaker 1: Not a good name anyway.
Speaker 3: Some Democrats weren't so keen to acknowledge the made up holiday.
Speaker 3: Barack Obama, who owns a nineteen million dollar waterfront mansion
Speaker 3: on stolen wampanog Land, declined to comment. Elizabeth Warren, the
Speaker 3: Pow Wow Chow cookbook contributor who made history as the
Speaker 3: first woman of color on the Harvard Law School faculty,
Speaker 3: was also eerily silent. Could have something to do with
Speaker 3: the fact that Warren, sometimes referred to as Pocahontas or
Speaker 3: foca Hontis, advanced her career by falsely identifying as a
Speaker 3: native American.
Speaker 1: Blah blah blah.
Speaker 3: If anyone exists on stolen Land, it's Warren, the fake
Speaker 3: Indian white lady who amassed a fortune by exploiting affirmative action.
Speaker 3: She lives in a four million dollar Victorian mansion near
Speaker 3: the Harvard campus, founded on the ancestral lands of the
Speaker 3: Massachusetts tribe.
Speaker 1: She lives in as a socialist, lives in a four
Speaker 1: million dollar house. That is correct. Wow, that's absolutely I
Speaker 1: think I'm going to have a beer.
Speaker 3: Yeah, I would do drink up. Hell, you got you
Speaker 3: fooled everybody. So do we have time for this barely
Speaker 3: great piece by John Fund National Review. He's talking about
Speaker 3: The Road to Serfdom, the brilliant work by Friedrich Hayek
Speaker 3: middle of the twentieth century. It warned that socialism, which
Speaker 3: he saw really taking hold in Europe Britain in particular,
Speaker 3: if it took hold in centralized economic planning and control,
Speaker 3: it would lead inevitably to the erosion of individual freedom
Speaker 3: and opportunity. And sure enough, he's right to the people
Speaker 3: in Eastern Europe took fifty years to successfully revolt against
Speaker 3: their masters. And they segue in this discussion to a
Speaker 3: demographer at California's Chapman University, Joel Katkin, who's written some
Speaker 3: really interesting stuff. This model could best be described. He's
Speaker 3: talking about California as oligarchical socialism, the redistribution of resources
Speaker 3: that would meet the basic material needs of the working
Speaker 3: class and the declining middle class, but it would not
Speaker 3: promote upward mobility or threaten the dominance of the oligarchs.
Speaker 3: This represents a sea change from the old industrial economy.
Speaker 3: Rather than acquiring property and gaining some self sufficiency, workers
Speaker 3: can now expect a surf like future of rented apartments
Speaker 3: and frozen prospects. Unable to grow into property owning adults,
Speaker 3: they depend on subsidies to meet their basic needs. And
Speaker 3: he's describing how California now makes it super easy to live,
Speaker 3: you know, subsidized rents, rent control, whatever, you know, lots
Speaker 3: of generous social programs.
Speaker 1: Food.
Speaker 3: But they've crushed business. They've crushed on for entrepreneurialism. It's
Speaker 3: you can't start a business in grow it in California
Speaker 3: unless you've got superhuman stick to itiveness. They've crushed upward
Speaker 3: mobility while waving the flag of look at us taking
Speaker 3: care of the downtrodden. They've done the worst thing you
Speaker 3: could do to the downtrodden. Keep them down trodden.
Speaker 1: Text We got about the last segment before we take
Speaker 1: a break. Yeah, I'm changing the radio station. Too much
Speaker 1: yelling and screaming, too much coffee. You think it's entertaining,
Speaker 1: it's not. It's irritating. I'm gone, Okay, I apologize for that.
Speaker 1: Have a good day, yo, Come dee o, go with God.
Speaker 1: My friend Armstrong Engeddy on Demand is the name of
Speaker 1: our podcast. Sorry for the yelling and screaming. Maybe they'll
Speaker 1: be less in the future, or turn down the volume.
Speaker 1: I don't know so much yelling. Armstrong and getting Onto
Speaker 1: is the podcast? Bring up more in the way. Stay
Speaker 1: with us, Armstrong and Getty.
Speaker 3: Mm hmm