December 23, 2025 • 33 mins
The John Kobylt Show Hour 1 (12/23) - Lou Penrose fills in for John. Ashleigh Fields comes on the show to talk Pres. Trump crediting tariffs for economic growth in the US. More on economic growth in the US. The storm is coming.
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Speaker 1 (00:00):
Can't find a M six forty.
Speaker 2 (00:02):
You're listening to the John Cobelt podcast on the iHeartRadio app.
Speaker 3 (00:06):
It's the John Cobalt Show. Lou Penrose in for John
Cobelt today. Good to have you along with us. Blowing
past expectations. That's the headline from the announcement today of
the GDP report, blowing back past expectations. The gross domestic
product of the United States grew a lot more than
(00:26):
was expected.
Speaker 1 (00:27):
Ashley feels right for The Hill.
Speaker 3 (00:29):
The headline in The Hill Trump credits tariffs for surprising
robust economic growth.
Speaker 1 (00:34):
Ashley, thanks for spending time with us.
Speaker 3 (00:37):
The numbers are surprisingly larger than what was expected, and
like nobody was even close, so there's no way to
spin this away from a huge Trump Christmas present.
Speaker 4 (00:50):
Right, Well, thank you so much for having me. As
you mentioned, the economy grew. It grew by four point
three percent, with an increase in exports and consumer spending
ahead of the holiday season, according to the Commerce Department.
And this is something the President said is due to
new trade rates, so a lot.
Speaker 1 (01:07):
Of I'm a long time protectionist.
Speaker 3 (01:10):
I have been a huge fan of tariffs in the past,
and I was very alone in the Republican Party. It
was probably just me a couple of protectionist Democrats from
the Midwest. Now you have a president that is a
huge proponent of tariffs. The tariffs take time, right, because
the goal is to either other countries pay a premium
(01:32):
to sell their products to us, or there is an
incentive for companies to reshore manufacturing to the United States.
Both works for the American taxpayer and the American worker,
but it takes time.
Speaker 1 (01:43):
Could the tariffs have kicked in this level of growth this.
Speaker 4 (01:46):
Quickly while at first the country was seeing not gained
but losses, But as you mentioned, as they began to
sit in, we're seeing growth. And this means that the
output of goods and services grows from about three point
eight percent growth rate from the April to June quarter
according to the Associated Press. And so, as you mentioned,
(02:08):
it takes some times for things to be hammered out.
But as you did say, the American economy is growing
and it's great for the American tax player.
Speaker 1 (02:16):
So what's the mood on the hill.
Speaker 3 (02:17):
I don't know how many members of the House or
Senate are even there the day before Christmas Eve, but
certainly staff are around and Agency members are around.
Speaker 5 (02:25):
Uh.
Speaker 3 (02:26):
Is there is there like resignation from from Trump opponents?
Is there a resignation that his policies are in fact
working as he as he promised.
Speaker 4 (02:37):
There has been a large focus on this, especially from
the Republican Party. See, people are wondering what they should
do with all of this extra money, and tariff rebate
checks are something that has been heavily considered within the GOP.
Some people are saying that tariff rebate checks should go
to farmers who we know are starting to see losses
based on the fact that their purchasers from overseas countries
including China and others have you know, began to take
(02:59):
a step away from purchasing products from American growers due
to tariffs. But others are recommending that they go to
American families, as you said, as an extra Christmas give.
The Trump administration has said it will consider this, but
nothing is set in stone right now. Critics right now
have been given crickets though there's not a lot on
that end as far as what lawmakers are saying about
(03:20):
tariffs other than that they might be illegal, and we
are waiting right now for the Supreme Court to rule
on whether Trump has the authority to impose these tariffs
without the approval from Congress.
Speaker 3 (03:30):
You mentioned crickets from the opponents. Okay, we're three hundred
and fifteen days until the November mid term election. I
get that things politically will quiet down a bit as
we go through the holiday season, but then the season begins,
the political season begins. The biggest weapon Democrats had polling
wise against the against the administration was affordability.
Speaker 1 (03:51):
He wasn't doing enough.
Speaker 3 (03:52):
To deliver affordability headlines like these, Take that weapon. Take
that tool out of the Democrat toolbox. Is there any
chatter about where Democrats are going to go? Now, where's
the next hammer that they use to hit the administration.
Speaker 4 (04:09):
The really big topic right now has been healthcare and
healthcare costs. As we know, subsidies are expiring at the
end of the year, and there's been a stalemate between
Reclublicans and Democrats, and so that's a major concern for
the American people. Look, we've already seen Marjorie Taylor Green
take a step out there and you know, give pushback
to her party based on these healthcare subsidies. So that's
(04:30):
a really big deal. But we do know that President Trump,
when it comes to the topic of affordability, is continuing
to push for that that will reserve to cut interest
rates in order to, you know, again prepare for midterm
elections and show the affordability is a huge concern for him,
just as it is for the American people.
Speaker 1 (04:47):
I think you're right on that.
Speaker 3 (04:48):
I think the next big story will be the next
potential government shutdown, right because we're going to see our
mode here. Continuing resolution and the Obamacare subsidies have been
an issue for Democrats and a number of Republicans who
have constituents that are expecting those subsidies to be extended.
Speaker 1 (05:07):
So that's going to be the next fight on the Hill.
I think you're right on that.
Speaker 4 (05:11):
Well.
Speaker 1 (05:11):
I appreciate coming on.
Speaker 3 (05:12):
Good news for the American people is always good news
for the American people, whether you left right or in
the center.
Speaker 1 (05:18):
Ashley feel from the Hill, Thanks so much for spending
time with us.
Speaker 4 (05:20):
Happy holidays, Happy holidays, Thanks for having me.
Speaker 3 (05:25):
All right, there's no way to spend It's just like
last week when we had the inflation numbers come out
and everybody on TV said, look, there's no way to
spend this. This is good news for President Trump. These
numbers better than expect. The GDP report the same thing.
No way to spin it, and it is politically dangerous
to get in between the American people and good economic
(05:49):
news for the American people. Democrats are in a troublesome
spot because they can either stop President Trump's economic policies,
which are now proving out to be good for the
American people and the American taxpayer, or the other alternative
is we can do better. We can grow the GDP
(06:11):
even more, we can lower inflation even more, we can
bring fuel prices down even more. And that is not
a believable political narrative for the contemporary Democrat party.
Speaker 1 (06:25):
Like nobody believes that.
Speaker 3 (06:27):
Democrats would do a better job at bringing down energy prices.
Nobody believes Democrats would reduce tax burden. Nobody believes Democrats
now this group of Democrats would create jobs.
Speaker 1 (06:41):
There was a.
Speaker 3 (06:41):
Time when the Democrat Party was in the business of
creating American jobs, protecting the American worker, causing wages to
rise for the American worker, keeping foreign competition out.
Speaker 1 (06:56):
No more.
Speaker 3 (06:59):
So, they really have a short window, a short runway
of time to come up with some new hit as
we go into the through this holiday season and then
effectively in the election cycle, because that's what really begins
January February is the election cycle. And of course PROP
fifty past year in California. We'll see what other states
are doing, will see any of that matters at all,
(07:20):
because good economic news is good economic news, and the
kind of economic news that we got this.
Speaker 1 (07:26):
Morning is good for a quarter.
Speaker 3 (07:30):
Like if RIP, if it dips down after Christmas, then
the headline will be that the gross domestic product dropped.
But you got a good ninety days of good economic news,
and it's going to be very difficult for anybody to
spend this any other way, all right, when we come back.
It's fun the way these announcements go on business channels,
(07:50):
whether it's.
Speaker 1 (07:51):
CNBC or CNN or Fox Business.
Speaker 3 (07:54):
Also, there's a lot of discussion because of all this
economic news that maybe it's time to resupport the blue
collar economy. There's a lot of chatter out there about
AI taking away a lot of jobs or replacing a
lot of American workers that crunch numbers, and where are
(08:19):
these people going to eventually go, or where is the
new workforce going to going to going to stem from
and blue collar jobs is the one thing that AI
cannot replace, they say, So it's an interesting discussion. We'll
share it with you. That's all coming up next. Louke
Penrose Info John Cobelt on KFI AM six forty Live
everywhere on the iHeartRadio app.
Speaker 6 (08:40):
You're listening to John Cobelt on demand from KFI AM
six forty.
Speaker 3 (08:46):
Louke Penrose in for John coblt today. Good to have
you along with us. Well better than expected GDP report.
That's the gross domestic product of the United States. Here's
how it sounded on Fox Business.
Speaker 1 (08:58):
Hold on one moment.
Speaker 7 (08:59):
I want to break this GDP number at four point
three percent, much better than expected. We had expectations of
a GDP number coming up at three point three percent.
Speaker 1 (09:09):
Here's how it sounded on CNBC third quarter numbers.
Speaker 3 (09:12):
We're looking for three point three Zoom, zoom zoom.
Speaker 1 (09:17):
Four point three percent. Four point three percent. That is
a nice jump. Here's how it sounded on CNN. You know,
it's a fantastic report. Four point three percent.
Speaker 2 (09:27):
That's just about as good as GDP numbers get.
Speaker 3 (09:29):
These numbers are showing the President Trump's trade policy is
having a big effect.
Speaker 1 (09:34):
Big effect.
Speaker 3 (09:35):
Where do I go to get my apology? Where do
I go to get my apology? I have been saying
that protectionism is the way to go for the United States.
We are so big and so important that we can
uniquely afford to protect our American workforce and force other
(09:56):
nations to pay a premium, a fee for the privilege
of selling in the United States and still be prosperous.
And for years I have been lectured to by idiots
in the Democrat Party and the Republican Party about how
now we have to have free trade. It's got to
(10:17):
be free, no tariffs, no obstacles. Market should do all this,
no government intervention. I said, this is the only place,
as a conservative that I'm in.
Speaker 1 (10:28):
Favor of big government.
Speaker 3 (10:30):
Use the government to keep imports out of our country
unless we actually need them or are willing to pay
more for them, and let Americans make everything. Oh no, lou,
that's a tariff thinking that caused the Great Depression.
Speaker 1 (10:49):
Never heard of smooth Holly.
Speaker 3 (10:51):
Smooth Holly came after the Great Depression and as an
attempt to fix things that were broken.
Speaker 1 (11:00):
So where do I go to get my apology? Where
do all.
Speaker 3 (11:03):
Us protectionists go to get aropology. Where do all of
us that voted for Ross Perot go to get arapology?
Remember Ross Paro is against NAFTA. Why if you allow
automobiles to be manufactured in Mexicali and then ship up
to the United States, Tara free, all the manufacturing of
automobiles will go to Mexicali and unemploy all the Americans
(11:25):
in Detroit.
Speaker 1 (11:27):
Guess what? He was right, But not just for the
Ford focus.
Speaker 3 (11:31):
He was right for every single thing, every single thing
in your house.
Speaker 1 (11:38):
So yeah, there was a time it was just me.
Speaker 3 (11:43):
Like it was me, There was just and by it
was by partisan, it was the pro people. Peter Navarro,
who will hear from in a moment me. Then Democrat
Minority Leader Dick Gepard he was a protectionist too from Missouri,
I think. Then Congressman Shared Brown who's now Senator Shared Brown,
(12:04):
he was a protectionist. And San Diego Congressman Duncan Hunter
he was anti NAFTA.
Speaker 6 (12:08):
Two.
Speaker 1 (12:11):
That's it. That's it.
Speaker 3 (12:13):
You could fit all the people that wanted to protect
the American worker in the nineties in one Toyota, Siena
and everybody else wanted free.
Speaker 1 (12:22):
Trade, free trade, gotta have pre trade.
Speaker 3 (12:24):
Free trade, no tariffs, and all the jobs went overseas,
and all the Americans were unemployed, and all the stuff
came into the country and it's plastic crap from China.
Now President Trump says, you know what, We're slapping tariffs
on these imports to try and rejuvenate the American manufacturing economy.
(12:45):
And everybody said, that's crazy. Tariffs are attax. Tarifts are attax.
Lou He's just slapping a tax on you. Now, when
you go and buy something, it'll be more expensive. You're
paying the tariff, not that company. What's wrong with you,
lou I said, that's not true. Hey, I can choose
to not buy it, and b if you make the
(13:05):
tariff so high, eventually the manufacturer of whatever you're buying
from China says, the hell with it. I'll go back
to Ohio and manufacturer there. It'll be more expensive, but
not as much more expensive. Well, guess what, the gross
domestic product went up from three point three percent to
four point three percent.
Speaker 1 (13:26):
They were expecting three point three percent.
Speaker 3 (13:29):
They got four point three percent as a result of
exports and consumer spending.
Speaker 1 (13:37):
Think about that.
Speaker 3 (13:38):
So the GDP of the United States in the last
quarter grew and three point three to four point three
ain't small. Looks like just one percent one percent of
the gross domestic product of the United States, which I
think is somewhere along the lines of twenty six trillion dollars.
Speaker 1 (13:56):
How much that is. That's huge. Three three three to
a four to three in radio is huge.
Speaker 3 (14:05):
So a three to three to a four to three
in an economy the size of the United States is
staggeringly good.
Speaker 1 (14:14):
And the president just got started.
Speaker 3 (14:15):
So I want to know where we go to get
our apology, because we were right, those of you that
voted for Paro, those of you that wondered, yeah, what
if you take the tariffs off, the companies will just
ship all the jobs to China and all the Americans
will be out of a job. Yeah that sounds right,
but I don't know. My congressman says, I have to
(14:36):
support free trade. So like for all of you that wondered,
your first thought was the right thought, and that is
you have to protect the American economy and it will
not destroy the American economy.
Speaker 1 (14:49):
The tariffs helped the.
Speaker 3 (14:50):
GDP growth was a result of two things. Increased exports
by the United States. Right that means we sell to them,
they can't sell to us because we stop at erf
on them.
Speaker 1 (15:00):
And you know what, that's okay. We don't have to
play fair.
Speaker 3 (15:04):
This whole idea of you have to play fair in
the world stage is foolishness.
Speaker 1 (15:08):
We don't have to play fair. I want everyone's like, oh,
we want to balance playing If you want a level.
Speaker 3 (15:14):
Playing field, I want such an uneven playing field.
Speaker 1 (15:18):
Tilted in the direction of the American worker.
Speaker 3 (15:22):
How when other countries do feel pain when they walk
out of those trade negotiations, And that's the kind of
people that Trump has negotiating on behalf of the United States.
Speaker 1 (15:34):
People that make other nations feel.
Speaker 3 (15:36):
Pain because at the end of the day, we are
a consumer economy. We're trying to now reshure a manufacturing economy,
but right now we're a consumer economy, which means if
you're another country and you don't sell in the United States,
you're out of business. If you manufacture a product and
it's not on the shelf in the United States, forget it,
(15:57):
You're out of business. Good luck sell your ninety nine
cents store crap in Panama or Peru. We're the ones
that have disposable income. We're the ones that buy stuff
just to see if it works. We're the ones that
give each other white elephant Christmas gifts, which is plastic
craft from China, like where the nation that does that.
(16:18):
Because we have disposable income, because we're so much better
than the rest of the world.
Speaker 1 (16:25):
That's what makes us wealthy.
Speaker 3 (16:27):
So if you want to sell something, you should have
to pay a premium for the for the for the
luxury of selling it on the shelf in America.
Speaker 1 (16:36):
And that's what tariffs do.
Speaker 3 (16:38):
At the same time, they create an incentive for the
manufacturing to return to the United States, which is happening,
and it's happening rather quickly. Now I don't think it's
happening as quickly as this report.
Speaker 1 (16:50):
I think this report was for the most part.
Speaker 3 (16:53):
Just economic expansion as a result of the tax cuts,
and just good economic news in general, and Americans feeling
very comfortable and very confident that Kamala Harris is not
president of the United States.
Speaker 1 (17:06):
So I think that's what's going on here. But it's
good news, no question about it.
Speaker 8 (17:12):
Hey, lou My question is, with these numbers, there's no
way to spin it. Love it great news. Can we
believe it because there's so much shady just in false
reporting and on both sides. How legit are these numbers
with the inflation and with this today and is it legit?
Can we trust it?
Speaker 2 (17:27):
Are they real?
Speaker 8 (17:28):
That's my real question.
Speaker 3 (17:29):
Oh you can believe it, baby, But it's a good question.
When we come back, I'll tell you how you know
it's true. Louke Penrose Info John Coblt on KFI AM
six forty Live everywhere I'm the iHeartRadio apps.
Speaker 6 (17:41):
You're listening to John Cobelt on demand from KFI AM sixty.
Speaker 3 (17:47):
Louke Penrose Info John Cobelt on The John Cobelt Show,
talking about the new news out another day, another good
news day for the economy.
Speaker 1 (17:56):
The GDP report. That's the gross domestic product of the
U States.
Speaker 3 (18:00):
That's the sum total of the goods and services we produce,
which is north of twenty trillion dollars. And the expectation
was it was going to be three point three percent.
It came out today at four point three percent.
Speaker 7 (18:13):
Hold on one moment, I want to break this GDP
number at four.
Speaker 1 (18:17):
Point three percent. Much better than expected, that's right, much
better than expected.
Speaker 3 (18:22):
And they are crediting the growth to the tariff policy
by President Trump and consumer spending.
Speaker 1 (18:29):
Now, if the critics.
Speaker 3 (18:31):
Of the tariff policy were correct, then it would be
a tax on you and you wouldn't spend because everything
would be so expensive, and so consumer spending would be down.
Speaker 1 (18:43):
The opposite happened.
Speaker 3 (18:44):
You increased your consumer spending and the tariffs brought in revenue,
and Americans exported products to other countries as a result
of trade deals that President Trump negotiated in exchange for
lower tariffs. These nations still have tariffs on their products,
just lower.
Speaker 1 (19:05):
As Trump opened up markets that There's no way to
spin it. This is working.
Speaker 3 (19:10):
This policy works, and if you want to be intellectually honest,
you've got to give the president credit.
Speaker 1 (19:20):
If you want to be an a sayer, be an
a sayer.
Speaker 8 (19:22):
Hey, lou my question is with these numbers, there's no
way to spin it. Love it great news? Can we
believe it?
Speaker 5 (19:27):
All? Right?
Speaker 3 (19:28):
I appreciate the call, and I glean from your tone
that you are a supporter. And this is the problem
that Republicans have. They truly do have a loser mentality.
And I'm not calling you a loser. I'm just saying
that there is a right, Lou, I see in front
of my eyes, right, these great economic numbers. Do you
think it's true? Well, what do bad economic numbers look like?
Speaker 1 (19:55):
Right?
Speaker 3 (19:55):
If the economy contracted and the spending was down, you
wouldn't doubt or even question the numbers.
Speaker 1 (20:09):
So why are you doubting or questioning the numbers?
Speaker 3 (20:11):
Now? Yes, you can believe it. You can believe it
with your own eyes. Go look around, go. I mean
it's not so much here in California because we pay
a dollar.
Speaker 1 (20:20):
Almost a dollar twenty in taxes.
Speaker 3 (20:22):
But I was in Orange County last weekend and at
the gas station in Huntington Beach, I beat you Warner
three eighty nine a gallon in HB three eighty nine
a gallon and.
Speaker 1 (20:34):
A dollar aid. Eighteen of that is tax.
Speaker 3 (20:38):
And go on your Facebook page and see your friends
boasting in other states gasoline under two fifty a gallon
two thirty five in Texas.
Speaker 1 (20:47):
So that's good.
Speaker 5 (20:49):
Right.
Speaker 3 (20:49):
Fuel costs are about as reflective of your daily life
as anything else, because you got to drive everywhere, and
you see, there's no other price of daily life in
California that you are reminded of as frequently as how
much the cost it's going to be to fill up
(21:10):
your car right out in front of the grocery store.
They don't have a great big neon sign that has eggs, milk,
and steaks right out in front of the TJ Max.
They don't have a great big neon sign that says dresses,
men's slacks and belts. But every gas station has a
great big sign, and there's one on every corner. So
(21:33):
it is like one of the best daily economic indicators
of things going well or things not going as well.
And we are reminded every time we pull up to
a gas station or drive by one that things are
going well. But that's just one and that's just the
fuel that goes in your car. Everything that you have,
(21:54):
a truck brought everything that you have. Look around you,
everything in your midst A truck brought everything in your house.
A truck brought everything at work, a truck brought it.
Everything in the grocery store was delivered by a truck.
The car you're driving was transported on a truck. So
if the cost of those trucks delivering them just running
(22:18):
comes down, then the cost of everything in the grocery
store comes down.
Speaker 1 (22:23):
So there were signs everywhere be gay. Well, you have
known CLO what you're talking about. You've known nothing about economics.
If you think Trump's policies are working, how is it
that we went from negative GDP to all of a sudden,
Trump complains about it and now we're positive growth. Look
around you. You're either out of touch with what's spending
or just delusional. The economy is not going.
Speaker 5 (22:45):
It's a lie.
Speaker 1 (22:46):
They're cooking the bucks. Oh, they're cooking the books. I
love this.
Speaker 3 (22:49):
If the economy contracted and the numbers were bad, everybody
would say Trump sucks and his economy is an economic
sense is terrible, and he doesn't know what he's doing,
and he never did. If Trump's policies work and the
economy expands three point three percent to four point three percent,
blowing past expectations is the headline at the Wall Street Journal, Right.
(23:13):
But if if Trump's policies work, then they're cooking the books.
That's the lazy man's argument. Sir, You're a lazy man,
that's what you are. And I'm delusional. You're living in
a delusional world. If you think things are not getting better,
you don't want to accept it. Because it would mean
(23:34):
you'd have to admit you were wrong. That's the problem,
and I get that, right, there's a little Uh you're
jealous because Trump was right and you had you had
to hate him so much, and now there's you're seeing
other people.
Speaker 1 (23:52):
Saying, wow, lou is right.
Speaker 5 (23:55):
Uh.
Speaker 3 (23:56):
And the numbers speak for themselves, and they just don't start.
They're not stop getting better. So it's gonna be a
great twenty twenty six. I don't think you are gonna
have a great twenty twenty six because I don't think
anything's gonna make you happy. And if you can't do
well in these economic conditions, then you can't do well.
I noticed that in doing talk radio and talking to
(24:18):
people that like Trump and people that don't like, and
there is no like and don't like.
Speaker 1 (24:22):
There's lover or hate. And the people that.
Speaker 3 (24:27):
Love Trump are gonna do well in good economic times
or bad economic times.
Speaker 1 (24:34):
You just get a real sense of that.
Speaker 3 (24:35):
They won't do as well in bad economic times, but
they're gonna do well. And the people that hate Trump,
they're not gonna do well no matter what happens.
Speaker 1 (24:44):
The gross domestic product.
Speaker 3 (24:45):
Could have tripled and they're still gonna have a loser life, right.
Unemployment can go to zero and they still won't be
able to fight a job. So there is a consistency
with that, And I'm sure somebody could write an extensive
psychological the profile on the Trumpeters, but not me, not today.
Lou Penrose info John Coblt on the John Coblt Show
(25:08):
on KFI AM six forty Live everywhere on the iHeartRadio app.
Speaker 6 (25:12):
You're listening to John Cobelt on demand from KFI AM sixty.
Speaker 3 (25:18):
Lou Penrose filling it for John Cobelt on the John
Coblt Show. It's gonna rain already rain falling in other
parts of California, but a high risk of flash flooding
has just been issued for southern California for Christmas Eve
and Christmas Day, strong atmospheric river.
Speaker 1 (25:36):
Are you ready for this?
Speaker 3 (25:37):
You could drive from the Oregon border to San Diego
near eight hundred and fifty miles and be under a
floodwatch by the National Weather Service the entire time. So yeah,
it's gonna rain a lot in California this week. Michael
Monks is in the isn't KFI Stormwatch Center? Always have
(26:00):
to rename the newsroom and he'll join us and give
us an update on the preparations that are being made.
I saw a notice from the Mayor's office to be prepared.
The mayor of Los Angeles effectively told us to stay
home in the ring. And also Governor Gavin Newsom's wife
(26:21):
always puts a message out on social media, and I'm
always striking to me, I'm thinking, who like she really
believes she's like the vice president of California.
Speaker 1 (26:35):
Who You're not in charge of anything, You're married to
the governor and little else.
Speaker 9 (26:40):
Yeah, Lou, listen, this might not have been appropriate or
politically correct, say two years ago, and it might not
even be now, But I just have to say, born
and raised in California, and there's just a certain amount
of retardation that has set in to the general popular
(27:00):
in California, and they just believe anything and they hate
anything that has to do with Trump TDS.
Speaker 1 (27:07):
I believe they call it.
Speaker 3 (27:08):
There certainly is Trump arrangement syndrome out there. I don't
think it's as wides better as you think. I think
most people are waiting and seeing, and that's why these
numbers are important for people to feel completely their have
their bias confirmed.
Speaker 1 (27:29):
Right.
Speaker 3 (27:30):
A lot of people that voted for Trump don't tell
anybody they voted for Trump. Remember, Nixon had the silent majority.
Trump has the secret majority. Nobody thought he was going
to win the entire Electoral College, all seven battleground states,
and the popular vote.
Speaker 1 (27:47):
But he did.
Speaker 3 (27:48):
You know why people were secretive about it, because who
wants to get their car keyed for having a Trump
sticker on your car?
Speaker 1 (27:57):
Like, nobody's ever thrown anybody out of a football stadium
for wearing.
Speaker 3 (28:00):
A a Biden Harris hat or a Harris Waltz hat.
But you wear and make America greater gad hat it
doesn't have the word Trump on it, and you'll get
ejected from the Arizona Cardinals game. So people were just
quiet about it. They're like, you know what, He's right,
I don't care what anybody else says. I'm voting for Trump,
but they don't tell anybody. So Trump had the secret majority.
(28:24):
And now they are seeing the results of their choice
and their they're confidence, their their bias is getting confirmed.
They're like, I knew it and I'm happy to hear it.
Speaker 1 (28:34):
Trump Trump, Trump boy, Howdy, Hey lou.
Speaker 5 (28:37):
Love the show. Glad you're filling in the best way
to stimulate the economy here in California, lower those gas prices.
People have to choose whether they're going to put gas
in their car or buy cheap Chinese plastic. They're going
to put gas in their car.
Speaker 1 (28:54):
I agree with you.
Speaker 3 (28:54):
Why is that so hard for so many in California
to understand, so many Democrats in California politics to understand
the sure fire way to stimulate the economy is to
lower the cost of doing stuff, right. I mean, I
(29:15):
can't do anything about the prices in the restaurant. I
can vote for people in policies that reduce regulation on
owning a restaurant. Don't vote for policies that raid that wage,
that raises the labor costs in a restaurant, raises the
electric bill in a restaurant, raises the rent in the restaurant.
And vote for people in policies that lower the cost
(29:37):
of food and hope for the best.
Speaker 1 (29:41):
But if you lower the cost of the fuel to
drive to the restaurant.
Speaker 3 (29:45):
And the delivery van to deliver all the stuff to
the restaurant, like that will work?
Speaker 1 (29:51):
How does that not work? And people are still arguing
here in California.
Speaker 3 (29:56):
In Sacramento about potentially raising the tax on g aline. Again,
there are Democrats that are excited that fuel costs are
coming down because it's hiding their tax increase at the pump, right,
I mean, it's really unfair that Democrats get away with
having three dollars and eighty nine cents a gallon in California.
(30:19):
What a dollar eighteen of it is tax So the
harder Trump works to bring down the cost of fuel,
the more difficult it is for you to see the
pain that's being caused by people who want to increase
the price of fuel.
Speaker 1 (30:36):
Yeah, you're absolutely right.
Speaker 3 (30:37):
It's the simplest way, And why it's not done more frequently,
I'll never know. But it's being done now, and that's
a direct result of domestic exploration of our own fuel.
Speaker 1 (30:49):
We have our own fuel.
Speaker 3 (30:52):
So why not put Americans to work digging it up
out of the ground, Americans to work refining it, and
Americans to work.
Speaker 1 (30:59):
Getting it to the gas station. We have always been
a very affordable energy country.
Speaker 3 (31:07):
So one of the secrets to Americans American success over
the centuries is we had great geographics.
Speaker 1 (31:15):
Right, We have two oceans, lots of.
Speaker 3 (31:18):
Ports, you're just warm water ports, no big storms, not problems,
a lot of places for ships to come in. We
have an incredible rail system in the United States, and
there's a great big river right through the right through
the middle of the United States from the sea.
Speaker 1 (31:36):
The St.
Speaker 3 (31:36):
Lawrence Seaway all the way through the Mississippi River, and
ships and barges can navigate it. It's really really great
geographics for a country that wants to become a superpower.
Then you've got freedom that helps you have capitalism where
people want to make money. There's an incentive for you
to make money, work harder, make even more money, lower taxes,
(31:59):
keep more of your money.
Speaker 1 (32:00):
That works.
Speaker 3 (32:03):
Right, and you have like the American work ethic and
kind of the American entrepreneurial spirit.
Speaker 1 (32:08):
So we had everything we've always needed to do well,
and now we're doing well.
Speaker 3 (32:15):
And the energy costs and all the raw materials are here.
The energy is here, the raw energy is here. And look,
I like that fuel costs are down. But I think
we should explore for everything. I think we should open
up exploration, coal, shale, you know, fracking, whatever you want
to do, I don't have. If you want a windmill,
(32:36):
then you know put aside some make sure it's not
an eye sore.
Speaker 1 (32:41):
But if you want to.
Speaker 3 (32:42):
Buy open land in Nevada and put windmills on it
and generate electricity and sell it, go for it.
Speaker 1 (32:48):
I have no problem with it. Ethanol, mute and all
all the new fangled energies, whatever you want.
Speaker 3 (32:55):
Let's just get it all out of the ground and
into the marketplace and into the grid, and let's produce.
Because we can't cure cancer if we can't turn on
the electricity at the laboratory.
Speaker 1 (33:07):
So we need energy to be productive Americans. And that's
what energy exploration is all about.
Speaker 3 (33:14):
And you're seeing just a little bit of how great
it is at the pump. All right, Michael Monks from
the KFI and newsroom. Who's gonna give us an update
on the storm. We'll get that next, Lou Penrose. If
a John Coblt on KFI AM six forty live everywhere
on the iHeartRadio app.
Speaker 2 (33:28):
Hey, you've been listening to the John Coblt Show podcast.
You can always hear the show live on KFI AM
six forty from one to four pm every Monday through Friday,
and of course anytime on demand on the iHeartRadio app,
Can't find a M six forty.
Speaker 2 (00:02):
You're listening to the John Cobelt podcast on the iHeartRadio app.
Speaker 3 (00:06):
It's the John Cobalt Show. Lou Penrose in for John
Cobelt today. Good to have you along with us. Blowing
past expectations. That's the headline from the announcement today of
the GDP report, blowing back past expectations. The gross domestic
product of the United States grew a lot more than
(00:26):
was expected.
Speaker 1 (00:27):
Ashley feels right for The Hill.
Speaker 3 (00:29):
The headline in The Hill Trump credits tariffs for surprising
robust economic growth.
Speaker 1 (00:34):
Ashley, thanks for spending time with us.
Speaker 3 (00:37):
The numbers are surprisingly larger than what was expected, and
like nobody was even close, so there's no way to
spin this away from a huge Trump Christmas present.
Speaker 4 (00:50):
Right, Well, thank you so much for having me. As
you mentioned, the economy grew. It grew by four point
three percent, with an increase in exports and consumer spending
ahead of the holiday season, according to the Commerce Department.
And this is something the President said is due to
new trade rates, so a lot.
Speaker 1 (01:07):
Of I'm a long time protectionist.
Speaker 3 (01:10):
I have been a huge fan of tariffs in the past,
and I was very alone in the Republican Party. It
was probably just me a couple of protectionist Democrats from
the Midwest. Now you have a president that is a
huge proponent of tariffs. The tariffs take time, right, because
the goal is to either other countries pay a premium
(01:32):
to sell their products to us, or there is an
incentive for companies to reshore manufacturing to the United States.
Both works for the American taxpayer and the American worker,
but it takes time.
Speaker 1 (01:43):
Could the tariffs have kicked in this level of growth this.
Speaker 4 (01:46):
Quickly while at first the country was seeing not gained
but losses, But as you mentioned, as they began to
sit in, we're seeing growth. And this means that the
output of goods and services grows from about three point
eight percent growth rate from the April to June quarter
according to the Associated Press. And so, as you mentioned,
(02:08):
it takes some times for things to be hammered out.
But as you did say, the American economy is growing
and it's great for the American tax player.
Speaker 1 (02:16):
So what's the mood on the hill.
Speaker 3 (02:17):
I don't know how many members of the House or
Senate are even there the day before Christmas Eve, but
certainly staff are around and Agency members are around.
Speaker 5 (02:25):
Uh.
Speaker 3 (02:26):
Is there is there like resignation from from Trump opponents?
Is there a resignation that his policies are in fact
working as he as he promised.
Speaker 4 (02:37):
There has been a large focus on this, especially from
the Republican Party. See, people are wondering what they should
do with all of this extra money, and tariff rebate
checks are something that has been heavily considered within the GOP.
Some people are saying that tariff rebate checks should go
to farmers who we know are starting to see losses
based on the fact that their purchasers from overseas countries
including China and others have you know, began to take
(02:59):
a step away from purchasing products from American growers due
to tariffs. But others are recommending that they go to
American families, as you said, as an extra Christmas give.
The Trump administration has said it will consider this, but
nothing is set in stone right now. Critics right now
have been given crickets though there's not a lot on
that end as far as what lawmakers are saying about
(03:20):
tariffs other than that they might be illegal, and we
are waiting right now for the Supreme Court to rule
on whether Trump has the authority to impose these tariffs
without the approval from Congress.
Speaker 3 (03:30):
You mentioned crickets from the opponents. Okay, we're three hundred
and fifteen days until the November mid term election. I
get that things politically will quiet down a bit as
we go through the holiday season, but then the season begins,
the political season begins. The biggest weapon Democrats had polling
wise against the against the administration was affordability.
Speaker 1 (03:51):
He wasn't doing enough.
Speaker 3 (03:52):
To deliver affordability headlines like these, Take that weapon. Take
that tool out of the Democrat toolbox. Is there any
chatter about where Democrats are going to go? Now, where's
the next hammer that they use to hit the administration.
Speaker 4 (04:09):
The really big topic right now has been healthcare and
healthcare costs. As we know, subsidies are expiring at the
end of the year, and there's been a stalemate between
Reclublicans and Democrats, and so that's a major concern for
the American people. Look, we've already seen Marjorie Taylor Green
take a step out there and you know, give pushback
to her party based on these healthcare subsidies. So that's
(04:30):
a really big deal. But we do know that President Trump,
when it comes to the topic of affordability, is continuing
to push for that that will reserve to cut interest
rates in order to, you know, again prepare for midterm
elections and show the affordability is a huge concern for him,
just as it is for the American people.
Speaker 1 (04:47):
I think you're right on that.
Speaker 3 (04:48):
I think the next big story will be the next
potential government shutdown, right because we're going to see our
mode here. Continuing resolution and the Obamacare subsidies have been
an issue for Democrats and a number of Republicans who
have constituents that are expecting those subsidies to be extended.
Speaker 1 (05:07):
So that's going to be the next fight on the Hill.
I think you're right on that.
Speaker 4 (05:11):
Well.
Speaker 1 (05:11):
I appreciate coming on.
Speaker 3 (05:12):
Good news for the American people is always good news
for the American people, whether you left right or in
the center.
Speaker 1 (05:18):
Ashley feel from the Hill, Thanks so much for spending
time with us.
Speaker 4 (05:20):
Happy holidays, Happy holidays, Thanks for having me.
Speaker 3 (05:25):
All right, there's no way to spend It's just like
last week when we had the inflation numbers come out
and everybody on TV said, look, there's no way to
spend this. This is good news for President Trump. These
numbers better than expect. The GDP report the same thing.
No way to spin it, and it is politically dangerous
to get in between the American people and good economic
(05:49):
news for the American people. Democrats are in a troublesome
spot because they can either stop President Trump's economic policies,
which are now proving out to be good for the
American people and the American taxpayer, or the other alternative
is we can do better. We can grow the GDP
(06:11):
even more, we can lower inflation even more, we can
bring fuel prices down even more. And that is not
a believable political narrative for the contemporary Democrat party.
Speaker 1 (06:25):
Like nobody believes that.
Speaker 3 (06:27):
Democrats would do a better job at bringing down energy prices.
Nobody believes Democrats would reduce tax burden. Nobody believes Democrats
now this group of Democrats would create jobs.
Speaker 1 (06:41):
There was a.
Speaker 3 (06:41):
Time when the Democrat Party was in the business of
creating American jobs, protecting the American worker, causing wages to
rise for the American worker, keeping foreign competition out.
Speaker 1 (06:56):
No more.
Speaker 3 (06:59):
So, they really have a short window, a short runway
of time to come up with some new hit as
we go into the through this holiday season and then
effectively in the election cycle, because that's what really begins
January February is the election cycle. And of course PROP
fifty past year in California. We'll see what other states
are doing, will see any of that matters at all,
(07:20):
because good economic news is good economic news, and the
kind of economic news that we got this.
Speaker 1 (07:26):
Morning is good for a quarter.
Speaker 3 (07:30):
Like if RIP, if it dips down after Christmas, then
the headline will be that the gross domestic product dropped.
But you got a good ninety days of good economic news,
and it's going to be very difficult for anybody to
spend this any other way, all right, when we come back.
It's fun the way these announcements go on business channels,
(07:50):
whether it's.
Speaker 1 (07:51):
CNBC or CNN or Fox Business.
Speaker 3 (07:54):
Also, there's a lot of discussion because of all this
economic news that maybe it's time to resupport the blue
collar economy. There's a lot of chatter out there about
AI taking away a lot of jobs or replacing a
lot of American workers that crunch numbers, and where are
(08:19):
these people going to eventually go, or where is the
new workforce going to going to going to stem from
and blue collar jobs is the one thing that AI
cannot replace, they say, So it's an interesting discussion. We'll
share it with you. That's all coming up next. Louke
Penrose Info John Cobelt on KFI AM six forty Live
everywhere on the iHeartRadio app.
Speaker 6 (08:40):
You're listening to John Cobelt on demand from KFI AM
six forty.
Speaker 3 (08:46):
Louke Penrose in for John coblt today. Good to have
you along with us. Well better than expected GDP report.
That's the gross domestic product of the United States. Here's
how it sounded on Fox Business.
Speaker 1 (08:58):
Hold on one moment.
Speaker 7 (08:59):
I want to break this GDP number at four point
three percent, much better than expected. We had expectations of
a GDP number coming up at three point three percent.
Speaker 1 (09:09):
Here's how it sounded on CNBC third quarter numbers.
Speaker 3 (09:12):
We're looking for three point three Zoom, zoom zoom.
Speaker 1 (09:17):
Four point three percent. Four point three percent. That is
a nice jump. Here's how it sounded on CNN. You know,
it's a fantastic report. Four point three percent.
Speaker 2 (09:27):
That's just about as good as GDP numbers get.
Speaker 3 (09:29):
These numbers are showing the President Trump's trade policy is
having a big effect.
Speaker 1 (09:34):
Big effect.
Speaker 3 (09:35):
Where do I go to get my apology? Where do
I go to get my apology? I have been saying
that protectionism is the way to go for the United States.
We are so big and so important that we can
uniquely afford to protect our American workforce and force other
(09:56):
nations to pay a premium, a fee for the privilege
of selling in the United States and still be prosperous.
And for years I have been lectured to by idiots
in the Democrat Party and the Republican Party about how
now we have to have free trade. It's got to
(10:17):
be free, no tariffs, no obstacles. Market should do all this,
no government intervention. I said, this is the only place,
as a conservative that I'm in.
Speaker 1 (10:28):
Favor of big government.
Speaker 3 (10:30):
Use the government to keep imports out of our country
unless we actually need them or are willing to pay
more for them, and let Americans make everything. Oh no, lou,
that's a tariff thinking that caused the Great Depression.
Speaker 1 (10:49):
Never heard of smooth Holly.
Speaker 3 (10:51):
Smooth Holly came after the Great Depression and as an
attempt to fix things that were broken.
Speaker 1 (11:00):
So where do I go to get my apology? Where
do all.
Speaker 3 (11:03):
Us protectionists go to get aropology. Where do all of
us that voted for Ross Perot go to get arapology?
Remember Ross Paro is against NAFTA. Why if you allow
automobiles to be manufactured in Mexicali and then ship up
to the United States, Tara free, all the manufacturing of
automobiles will go to Mexicali and unemploy all the Americans
(11:25):
in Detroit.
Speaker 1 (11:27):
Guess what? He was right, But not just for the
Ford focus.
Speaker 3 (11:31):
He was right for every single thing, every single thing
in your house.
Speaker 1 (11:38):
So yeah, there was a time it was just me.
Speaker 3 (11:43):
Like it was me, There was just and by it
was by partisan, it was the pro people. Peter Navarro,
who will hear from in a moment me. Then Democrat
Minority Leader Dick Gepard he was a protectionist too from Missouri,
I think. Then Congressman Shared Brown who's now Senator Shared Brown,
(12:04):
he was a protectionist. And San Diego Congressman Duncan Hunter
he was anti NAFTA.
Speaker 6 (12:08):
Two.
Speaker 1 (12:11):
That's it. That's it.
Speaker 3 (12:13):
You could fit all the people that wanted to protect
the American worker in the nineties in one Toyota, Siena
and everybody else wanted free.
Speaker 1 (12:22):
Trade, free trade, gotta have pre trade.
Speaker 3 (12:24):
Free trade, no tariffs, and all the jobs went overseas,
and all the Americans were unemployed, and all the stuff
came into the country and it's plastic crap from China.
Now President Trump says, you know what, We're slapping tariffs
on these imports to try and rejuvenate the American manufacturing economy.
(12:45):
And everybody said, that's crazy. Tariffs are attax. Tarifts are attax.
Lou He's just slapping a tax on you. Now, when
you go and buy something, it'll be more expensive. You're
paying the tariff, not that company. What's wrong with you,
lou I said, that's not true. Hey, I can choose
to not buy it, and b if you make the
(13:05):
tariff so high, eventually the manufacturer of whatever you're buying
from China says, the hell with it. I'll go back
to Ohio and manufacturer there. It'll be more expensive, but
not as much more expensive. Well, guess what, the gross
domestic product went up from three point three percent to
four point three percent.
Speaker 1 (13:26):
They were expecting three point three percent.
Speaker 3 (13:29):
They got four point three percent as a result of
exports and consumer spending.
Speaker 1 (13:37):
Think about that.
Speaker 3 (13:38):
So the GDP of the United States in the last
quarter grew and three point three to four point three
ain't small. Looks like just one percent one percent of
the gross domestic product of the United States, which I
think is somewhere along the lines of twenty six trillion dollars.
Speaker 1 (13:56):
How much that is. That's huge. Three three three to
a four to three in radio is huge.
Speaker 3 (14:05):
So a three to three to a four to three
in an economy the size of the United States is
staggeringly good.
Speaker 1 (14:14):
And the president just got started.
Speaker 3 (14:15):
So I want to know where we go to get
our apology, because we were right, those of you that
voted for Paro, those of you that wondered, yeah, what
if you take the tariffs off, the companies will just
ship all the jobs to China and all the Americans
will be out of a job. Yeah that sounds right,
but I don't know. My congressman says, I have to
(14:36):
support free trade. So like for all of you that wondered,
your first thought was the right thought, and that is
you have to protect the American economy and it will
not destroy the American economy.
Speaker 1 (14:49):
The tariffs helped the.
Speaker 3 (14:50):
GDP growth was a result of two things. Increased exports
by the United States. Right that means we sell to them,
they can't sell to us because we stop at erf
on them.
Speaker 1 (15:00):
And you know what, that's okay. We don't have to
play fair.
Speaker 3 (15:04):
This whole idea of you have to play fair in
the world stage is foolishness.
Speaker 1 (15:08):
We don't have to play fair. I want everyone's like, oh,
we want to balance playing If you want a level.
Speaker 3 (15:14):
Playing field, I want such an uneven playing field.
Speaker 1 (15:18):
Tilted in the direction of the American worker.
Speaker 3 (15:22):
How when other countries do feel pain when they walk
out of those trade negotiations, And that's the kind of
people that Trump has negotiating on behalf of the United States.
Speaker 1 (15:34):
People that make other nations feel.
Speaker 3 (15:36):
Pain because at the end of the day, we are
a consumer economy. We're trying to now reshure a manufacturing economy,
but right now we're a consumer economy, which means if
you're another country and you don't sell in the United States,
you're out of business. If you manufacture a product and
it's not on the shelf in the United States, forget it,
(15:57):
You're out of business. Good luck sell your ninety nine
cents store crap in Panama or Peru. We're the ones
that have disposable income. We're the ones that buy stuff
just to see if it works. We're the ones that
give each other white elephant Christmas gifts, which is plastic
craft from China, like where the nation that does that.
(16:18):
Because we have disposable income, because we're so much better
than the rest of the world.
Speaker 1 (16:25):
That's what makes us wealthy.
Speaker 3 (16:27):
So if you want to sell something, you should have
to pay a premium for the for the for the
luxury of selling it on the shelf in America.
Speaker 1 (16:36):
And that's what tariffs do.
Speaker 3 (16:38):
At the same time, they create an incentive for the
manufacturing to return to the United States, which is happening,
and it's happening rather quickly. Now I don't think it's
happening as quickly as this report.
Speaker 1 (16:50):
I think this report was for the most part.
Speaker 3 (16:53):
Just economic expansion as a result of the tax cuts,
and just good economic news in general, and Americans feeling
very comfortable and very confident that Kamala Harris is not
president of the United States.
Speaker 1 (17:06):
So I think that's what's going on here. But it's
good news, no question about it.
Speaker 8 (17:12):
Hey, lou My question is, with these numbers, there's no
way to spin it. Love it great news. Can we
believe it because there's so much shady just in false
reporting and on both sides. How legit are these numbers
with the inflation and with this today and is it legit?
Can we trust it?
Speaker 2 (17:27):
Are they real?
Speaker 8 (17:28):
That's my real question.
Speaker 3 (17:29):
Oh you can believe it, baby, But it's a good question.
When we come back, I'll tell you how you know
it's true. Louke Penrose Info John Coblt on KFI AM
six forty Live everywhere I'm the iHeartRadio apps.
Speaker 6 (17:41):
You're listening to John Cobelt on demand from KFI AM sixty.
Speaker 3 (17:47):
Louke Penrose Info John Cobelt on The John Cobelt Show,
talking about the new news out another day, another good
news day for the economy.
Speaker 1 (17:56):
The GDP report. That's the gross domestic product of the
U States.
Speaker 3 (18:00):
That's the sum total of the goods and services we produce,
which is north of twenty trillion dollars. And the expectation
was it was going to be three point three percent.
It came out today at four point three percent.
Speaker 7 (18:13):
Hold on one moment, I want to break this GDP
number at four.
Speaker 1 (18:17):
Point three percent. Much better than expected, that's right, much
better than expected.
Speaker 3 (18:22):
And they are crediting the growth to the tariff policy
by President Trump and consumer spending.
Speaker 1 (18:29):
Now, if the critics.
Speaker 3 (18:31):
Of the tariff policy were correct, then it would be
a tax on you and you wouldn't spend because everything
would be so expensive, and so consumer spending would be down.
Speaker 1 (18:43):
The opposite happened.
Speaker 3 (18:44):
You increased your consumer spending and the tariffs brought in revenue,
and Americans exported products to other countries as a result
of trade deals that President Trump negotiated in exchange for
lower tariffs. These nations still have tariffs on their products,
just lower.
Speaker 1 (19:05):
As Trump opened up markets that There's no way to
spin it. This is working.
Speaker 3 (19:10):
This policy works, and if you want to be intellectually honest,
you've got to give the president credit.
Speaker 1 (19:20):
If you want to be an a sayer, be an
a sayer.
Speaker 8 (19:22):
Hey, lou my question is with these numbers, there's no
way to spin it. Love it great news? Can we
believe it?
Speaker 5 (19:27):
All? Right?
Speaker 3 (19:28):
I appreciate the call, and I glean from your tone
that you are a supporter. And this is the problem
that Republicans have. They truly do have a loser mentality.
And I'm not calling you a loser. I'm just saying
that there is a right, Lou, I see in front
of my eyes, right, these great economic numbers. Do you
think it's true? Well, what do bad economic numbers look like?
Speaker 1 (19:55):
Right?
Speaker 3 (19:55):
If the economy contracted and the spending was down, you
wouldn't doubt or even question the numbers.
Speaker 1 (20:09):
So why are you doubting or questioning the numbers?
Speaker 3 (20:11):
Now? Yes, you can believe it. You can believe it
with your own eyes. Go look around, go. I mean
it's not so much here in California because we pay
a dollar.
Speaker 1 (20:20):
Almost a dollar twenty in taxes.
Speaker 3 (20:22):
But I was in Orange County last weekend and at
the gas station in Huntington Beach, I beat you Warner
three eighty nine a gallon in HB three eighty nine
a gallon and.
Speaker 1 (20:34):
A dollar aid. Eighteen of that is tax.
Speaker 3 (20:38):
And go on your Facebook page and see your friends
boasting in other states gasoline under two fifty a gallon
two thirty five in Texas.
Speaker 1 (20:47):
So that's good.
Speaker 5 (20:49):
Right.
Speaker 3 (20:49):
Fuel costs are about as reflective of your daily life
as anything else, because you got to drive everywhere, and
you see, there's no other price of daily life in
California that you are reminded of as frequently as how
much the cost it's going to be to fill up
(21:10):
your car right out in front of the grocery store.
They don't have a great big neon sign that has eggs, milk,
and steaks right out in front of the TJ Max.
They don't have a great big neon sign that says dresses,
men's slacks and belts. But every gas station has a
great big sign, and there's one on every corner. So
(21:33):
it is like one of the best daily economic indicators
of things going well or things not going as well.
And we are reminded every time we pull up to
a gas station or drive by one that things are
going well. But that's just one and that's just the
fuel that goes in your car. Everything that you have,
(21:54):
a truck brought everything that you have. Look around you,
everything in your midst A truck brought everything in your house.
A truck brought everything at work, a truck brought it.
Everything in the grocery store was delivered by a truck.
The car you're driving was transported on a truck. So
if the cost of those trucks delivering them just running
(22:18):
comes down, then the cost of everything in the grocery
store comes down.
Speaker 1 (22:23):
So there were signs everywhere be gay. Well, you have
known CLO what you're talking about. You've known nothing about economics.
If you think Trump's policies are working, how is it
that we went from negative GDP to all of a sudden,
Trump complains about it and now we're positive growth. Look
around you. You're either out of touch with what's spending
or just delusional. The economy is not going.
Speaker 5 (22:45):
It's a lie.
Speaker 1 (22:46):
They're cooking the bucks. Oh, they're cooking the books. I
love this.
Speaker 3 (22:49):
If the economy contracted and the numbers were bad, everybody
would say Trump sucks and his economy is an economic
sense is terrible, and he doesn't know what he's doing,
and he never did. If Trump's policies work and the
economy expands three point three percent to four point three percent,
blowing past expectations is the headline at the Wall Street Journal, Right.
(23:13):
But if if Trump's policies work, then they're cooking the books.
That's the lazy man's argument. Sir, You're a lazy man,
that's what you are. And I'm delusional. You're living in
a delusional world. If you think things are not getting better,
you don't want to accept it. Because it would mean
(23:34):
you'd have to admit you were wrong. That's the problem,
and I get that, right, there's a little Uh you're
jealous because Trump was right and you had you had
to hate him so much, and now there's you're seeing
other people.
Speaker 1 (23:52):
Saying, wow, lou is right.
Speaker 5 (23:55):
Uh.
Speaker 3 (23:56):
And the numbers speak for themselves, and they just don't start.
They're not stop getting better. So it's gonna be a
great twenty twenty six. I don't think you are gonna
have a great twenty twenty six because I don't think
anything's gonna make you happy. And if you can't do
well in these economic conditions, then you can't do well.
I noticed that in doing talk radio and talking to
(24:18):
people that like Trump and people that don't like, and
there is no like and don't like.
Speaker 1 (24:22):
There's lover or hate. And the people that.
Speaker 3 (24:27):
Love Trump are gonna do well in good economic times
or bad economic times.
Speaker 1 (24:34):
You just get a real sense of that.
Speaker 3 (24:35):
They won't do as well in bad economic times, but
they're gonna do well. And the people that hate Trump,
they're not gonna do well no matter what happens.
Speaker 1 (24:44):
The gross domestic product.
Speaker 3 (24:45):
Could have tripled and they're still gonna have a loser life, right.
Unemployment can go to zero and they still won't be
able to fight a job. So there is a consistency
with that, And I'm sure somebody could write an extensive
psychological the profile on the Trumpeters, but not me, not today.
Lou Penrose info John Coblt on the John Coblt Show
(25:08):
on KFI AM six forty Live everywhere on the iHeartRadio app.
Speaker 6 (25:12):
You're listening to John Cobelt on demand from KFI AM sixty.
Speaker 3 (25:18):
Lou Penrose filling it for John Cobelt on the John
Coblt Show. It's gonna rain already rain falling in other
parts of California, but a high risk of flash flooding
has just been issued for southern California for Christmas Eve
and Christmas Day, strong atmospheric river.
Speaker 1 (25:36):
Are you ready for this?
Speaker 3 (25:37):
You could drive from the Oregon border to San Diego
near eight hundred and fifty miles and be under a
floodwatch by the National Weather Service the entire time. So yeah,
it's gonna rain a lot in California this week. Michael
Monks is in the isn't KFI Stormwatch Center? Always have
(26:00):
to rename the newsroom and he'll join us and give
us an update on the preparations that are being made.
I saw a notice from the Mayor's office to be prepared.
The mayor of Los Angeles effectively told us to stay
home in the ring. And also Governor Gavin Newsom's wife
(26:21):
always puts a message out on social media, and I'm
always striking to me, I'm thinking, who like she really
believes she's like the vice president of California.
Speaker 1 (26:35):
Who You're not in charge of anything, You're married to
the governor and little else.
Speaker 9 (26:40):
Yeah, Lou, listen, this might not have been appropriate or
politically correct, say two years ago, and it might not
even be now, But I just have to say, born
and raised in California, and there's just a certain amount
of retardation that has set in to the general popular
(27:00):
in California, and they just believe anything and they hate
anything that has to do with Trump TDS.
Speaker 1 (27:07):
I believe they call it.
Speaker 3 (27:08):
There certainly is Trump arrangement syndrome out there. I don't
think it's as wides better as you think. I think
most people are waiting and seeing, and that's why these
numbers are important for people to feel completely their have
their bias confirmed.
Speaker 1 (27:29):
Right.
Speaker 3 (27:30):
A lot of people that voted for Trump don't tell
anybody they voted for Trump. Remember, Nixon had the silent majority.
Trump has the secret majority. Nobody thought he was going
to win the entire Electoral College, all seven battleground states,
and the popular vote.
Speaker 1 (27:47):
But he did.
Speaker 3 (27:48):
You know why people were secretive about it, because who
wants to get their car keyed for having a Trump
sticker on your car?
Speaker 1 (27:57):
Like, nobody's ever thrown anybody out of a football stadium
for wearing.
Speaker 3 (28:00):
A a Biden Harris hat or a Harris Waltz hat.
But you wear and make America greater gad hat it
doesn't have the word Trump on it, and you'll get
ejected from the Arizona Cardinals game. So people were just
quiet about it. They're like, you know what, He's right,
I don't care what anybody else says. I'm voting for Trump,
but they don't tell anybody. So Trump had the secret majority.
(28:24):
And now they are seeing the results of their choice
and their they're confidence, their their bias is getting confirmed.
They're like, I knew it and I'm happy to hear it.
Speaker 1 (28:34):
Trump Trump, Trump boy, Howdy, Hey lou.
Speaker 5 (28:37):
Love the show. Glad you're filling in the best way
to stimulate the economy here in California, lower those gas prices.
People have to choose whether they're going to put gas
in their car or buy cheap Chinese plastic. They're going
to put gas in their car.
Speaker 1 (28:54):
I agree with you.
Speaker 3 (28:54):
Why is that so hard for so many in California
to understand, so many Democrats in California politics to understand
the sure fire way to stimulate the economy is to
lower the cost of doing stuff, right. I mean, I
(29:15):
can't do anything about the prices in the restaurant. I
can vote for people in policies that reduce regulation on
owning a restaurant. Don't vote for policies that raid that wage,
that raises the labor costs in a restaurant, raises the
electric bill in a restaurant, raises the rent in the restaurant.
And vote for people in policies that lower the cost
(29:37):
of food and hope for the best.
Speaker 1 (29:41):
But if you lower the cost of the fuel to
drive to the restaurant.
Speaker 3 (29:45):
And the delivery van to deliver all the stuff to
the restaurant, like that will work?
Speaker 1 (29:51):
How does that not work? And people are still arguing
here in California.
Speaker 3 (29:56):
In Sacramento about potentially raising the tax on g aline. Again,
there are Democrats that are excited that fuel costs are
coming down because it's hiding their tax increase at the pump, right,
I mean, it's really unfair that Democrats get away with
having three dollars and eighty nine cents a gallon in California.
(30:19):
What a dollar eighteen of it is tax So the
harder Trump works to bring down the cost of fuel,
the more difficult it is for you to see the
pain that's being caused by people who want to increase
the price of fuel.
Speaker 1 (30:36):
Yeah, you're absolutely right.
Speaker 3 (30:37):
It's the simplest way, And why it's not done more frequently,
I'll never know. But it's being done now, and that's
a direct result of domestic exploration of our own fuel.
Speaker 1 (30:49):
We have our own fuel.
Speaker 3 (30:52):
So why not put Americans to work digging it up
out of the ground, Americans to work refining it, and
Americans to work.
Speaker 1 (30:59):
Getting it to the gas station. We have always been
a very affordable energy country.
Speaker 3 (31:07):
So one of the secrets to Americans American success over
the centuries is we had great geographics.
Speaker 1 (31:15):
Right, We have two oceans, lots of.
Speaker 3 (31:18):
Ports, you're just warm water ports, no big storms, not problems,
a lot of places for ships to come in. We
have an incredible rail system in the United States, and
there's a great big river right through the right through
the middle of the United States from the sea.
Speaker 1 (31:36):
The St.
Speaker 3 (31:36):
Lawrence Seaway all the way through the Mississippi River, and
ships and barges can navigate it. It's really really great
geographics for a country that wants to become a superpower.
Then you've got freedom that helps you have capitalism where
people want to make money. There's an incentive for you
to make money, work harder, make even more money, lower taxes,
(31:59):
keep more of your money.
Speaker 1 (32:00):
That works.
Speaker 3 (32:03):
Right, and you have like the American work ethic and
kind of the American entrepreneurial spirit.
Speaker 1 (32:08):
So we had everything we've always needed to do well,
and now we're doing well.
Speaker 3 (32:15):
And the energy costs and all the raw materials are here.
The energy is here, the raw energy is here. And look,
I like that fuel costs are down. But I think
we should explore for everything. I think we should open
up exploration, coal, shale, you know, fracking, whatever you want
to do, I don't have. If you want a windmill,
(32:36):
then you know put aside some make sure it's not
an eye sore.
Speaker 1 (32:41):
But if you want to.
Speaker 3 (32:42):
Buy open land in Nevada and put windmills on it
and generate electricity and sell it, go for it.
Speaker 1 (32:48):
I have no problem with it. Ethanol, mute and all
all the new fangled energies, whatever you want.
Speaker 3 (32:55):
Let's just get it all out of the ground and
into the marketplace and into the grid, and let's produce.
Because we can't cure cancer if we can't turn on
the electricity at the laboratory.
Speaker 1 (33:07):
So we need energy to be productive Americans. And that's
what energy exploration is all about.
Speaker 3 (33:14):
And you're seeing just a little bit of how great
it is at the pump. All right, Michael Monks from
the KFI and newsroom. Who's gonna give us an update
on the storm. We'll get that next, Lou Penrose. If
a John Coblt on KFI AM six forty live everywhere
on the iHeartRadio app.
Speaker 2 (33:28):
Hey, you've been listening to the John Coblt Show podcast.
You can always hear the show live on KFI AM
six forty from one to four pm every Monday through Friday,
and of course anytime on demand on the iHeartRadio app,
The John Kobylt Show News
Host
John Kobylt
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