Can’t address debt without addressing social security, Medicaid, Medicare and food stamps…plus Sounds of The Day.
Why is Elon Musk and Treasury Secretary Bissent fighting, and Musk disappointed in the Big Beautiful Bill?? We’ll ask money wiz and economist David Bahnsen.
Always revealing and often entertaining, it’s The Sounds of The Day!
The use of Artificial Intelligence is exploding, and there are indications that it will have a tremendous impact on the job market in just a few short years. National Correspondent RORY O’NEILL says A.I. is expected to wipe out half of all entry-level white-collar jobs, and that will cause unemployment to reach new highs in some areas.
See omnystudio.com/listener for privacy information.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Hey, it's me Michael.
Speaker 2 (00:00):
Your morning show can be heard live five to eight
am Central, six to nine Eastern and great cities like Jackson, Mississippi, Akron, Ohio,
or Columbus, Georgia. We'd love to be a part of
your morning routine and we're grateful you're here.
Speaker 1 (00:12):
Now. Enjoy the podcast two.
Speaker 3 (00:14):
Three starting your morning off right. A new way of talk,
a new way of understanding because we're in this together.
This is your Morning Show with Michael gill Jordan on
the Aaron streaming live on your iHeartRadio app.
Speaker 4 (00:33):
Good morning, and welcome to Thursday, made the twenty ninth
year About Lord twenty twenty five.
Speaker 1 (00:38):
This is your Morning Show. Seven minutes after the hour.
Speaker 4 (00:42):
Tomorrow, our spotlight interview of the week was speaker Nude
Gingrich out with a new.
Speaker 1 (00:46):
Book, Trump's Triumph.
Speaker 4 (00:48):
It's also Friday, that means Friday with forty seven himself,
so be listening for that. Coming up next half hour,
Rooryo and Neal with the latest on AI and its
impact on the marketplace. We kind of began a journey
discovery and the premise is really simple. Love the President,
support the president, but what about the debt? Is anybody
still focused on that. I mean, it's a big, beautiful bill,
(01:11):
but it's also three to five trillion dollars of an
increase to the debt.
Speaker 1 (01:17):
Does that matter?
Speaker 4 (01:18):
Can I bring that up without you being offended or
thinking I love the president any less or support him
any less? I mean, if James Carvel coined the phrase
it's the economy stupid, well, when it comes to the economy,
isn't it the debt stupid?
Speaker 1 (01:37):
Economist?
Speaker 4 (01:38):
Money was my most successful friend. David Bonsen for the
Bonson Financial Group is joining us. Good morning, David. You
know I'm looking down at debt when when I was
ten years old, the debt in this country was five
hundred and five billion dollars. When my son Nicholas was
ten years old, it was twenty trillion. When my dad
(01:59):
was sixty, the debt was five trillion. When I'm sixty.
Now it's thirty six trillion. Oh my gosh. I can't
bear to imagine what it'll be when my son is sixty.
This is a relatively new threat for America, is it not.
Speaker 5 (02:13):
Yes, But I don't think that the issue I'd be
focusing on is even the level of debt itself, because
you notice those different ages.
Speaker 6 (02:20):
You're talking about, and that timeline the debt was at
one point.
Speaker 5 (02:26):
You're still and some people may hear that Michael and
saying accurately, Well, the world didn't end.
Speaker 6 (02:34):
The country actually kept growing.
Speaker 5 (02:36):
Our quality of life has gotten better, So maybe everything
is just fine.
Speaker 6 (02:41):
But I think the major issue.
Speaker 5 (02:43):
Is the debt versus BDP versus the size of the economy.
Speaker 6 (02:49):
And that is the issue that nobody's addressing.
Speaker 5 (02:51):
When the debt was growing under Reagan, under a Bush Senior,
and under Clinton and even under Bush Junior up until
the time of the financial crisis, the debt was growing
at a rate in concert with the growth of the economy.
Since the financial crisis, and then this really changed during
(03:15):
the Obama years and it got incredibly bad during the
first Trump years and stayed very bad during the Biden
years post COVID. The major issue is that the debt
is growing much faster.
Speaker 6 (03:27):
Than the economy.
Speaker 5 (03:29):
That is the issue that dramatically impacts our quality of life.
That is the issue that takes away economic growth, productivity, opportunity,
and then hurts our kids and grandkids.
Speaker 4 (03:41):
All Right, So if you look at the history of debt,
you can see reasons world War one, World War two,
you know, different things. Then all of a sudden we
get to the Obama era and you literally double in
one presidency two terms the total debt for the country
compared to the previous two hundred plus years.
Speaker 1 (04:01):
That was pretty extraordinary.
Speaker 4 (04:02):
Then, I guess you could put an asterisk by COVID,
but that was the result of a stupid mistake. And
then you're bringing up this new point, which is the
percentage of GDP so compared to GDP growth. All right,
So we used to think when the debt became one
hundred and twenty percent of GDP, something bad would happen.
Where are we today and when does it get so
(04:24):
bad that it's irreparable?
Speaker 5 (04:27):
Well, first of all, the number that has always been
thought of by economists is problematic is one hundred percent
debt to GDP. Rogueff and Reinhardt in their seminal work
in twenty eleven identified that as the number debt to GDP,
and I should be clear public debt to GDP. Right,
So when we talk about our thirty seven trillion of debt,
(04:48):
eight trillion of that is money we owe ourselves. One
pocket of the government owes another pocket of the government
eight trillion because they borrowed from the Social Security Trust
Fund a little bit from the medic Care Trust Fund
and not paid it back.
Speaker 6 (05:02):
But the twenty nine trillion is what they owe to
somebody else. Those are called.
Speaker 5 (05:06):
Bondholders, and that number is at above one hundred percent.
So what it does is starts to.
Speaker 6 (05:16):
Tap into economic growth.
Speaker 5 (05:18):
All those years that people were complaining about Bush Junior
running up the debt, it was sixty percent of GDP.
It had gone way up during World War Two for
as you say, very obvious and justifiable reasons, but then
it came way back down around forty percent. The major
issue that has changed is that our costs of entitlement
(05:43):
system of social safety Net of Social Security DASH, Medicare DASH,
Medicaid DASH, food Stamps DASH, the Affordable Care Act, all
of these things put together are now between sixty five
and seventy percent federal outlays.
Speaker 6 (06:00):
They used to be thirty percent.
Speaker 5 (06:02):
So there's absolutely no scenario none where there won't be pain.
The only scenario is whether or not there's a politician
and group of politicians who want to have the courage
to take this on, or rather we want to wait
till there is a major problem, and then the American
people obviously always reacted during a crisis. My very strong
(06:26):
preference would be to not wait for a crisis, not
wait for a major event for there to be some
sort of moral courage to get in front of it.
You know, it's hard for me to reconcile.
Speaker 6 (06:38):
There really is.
Speaker 5 (06:39):
Everybody talking about how incredible President Trump is for the economy,
but then just put a minor footnote like, oh, the
only problem is you won't really touch this depth stuff.
I'm sorry, this is the economic issue hard day.
Speaker 6 (06:52):
So glad, yeah, to touch this experience.
Speaker 1 (06:55):
I'm so glad you said that.
Speaker 4 (06:56):
All right, So you know, first of all, I don't
want I want to dust out does America have a
spending problem or the American government a spending problem or
an identity problem? And the answer is, of course both.
We never asked the question what is the proper size
and role of government? And what is the intended role
and responsibility of moral self governed individuals capable of self governance?
(07:19):
And that's why we never get to those answers. But
you've just brought up something people view President Trump is
so unique, so courageous. The real unique cre courageous person
is going to be the one that has the stones
bigger than a giraffe to address this.
Speaker 1 (07:35):
Because you can't.
Speaker 4 (07:36):
You cannot do this without addressing Social Security, Medicare, Medicaid,
all of these things that would seem to be a
political death sentence to address. But you can't get serious
about debt without doing it, can you, Well you cannot.
Speaker 5 (07:54):
And it would be like a husband and wife of
financial troubles and the husband just says, I don't want
to make her up set, so I'm going to keep
doing little tiny things that don't help us at all,
and in fact sort of make things a little bit worse,
and say, but at least I'm avoiding the conflict now.
Speaker 6 (08:11):
By the way, I don't.
Speaker 5 (08:12):
Know that it is true that it would be a
political death sentence to go save social Security.
Speaker 6 (08:18):
That sounds to me like a very good headline to
have about yourself.
Speaker 5 (08:22):
In the history books, social Security was insolvent, and I
made it solvent. And yes, along the way, I did
some things and some people liked and other people didn't.
Speaker 6 (08:32):
But that's everything. In politics.
Speaker 5 (08:34):
We have accepted as gospel, this idea that anything that
is a tough decision is going to be unpopular and
politically fatal, and then the media goes nuts saying, Paul
Ryan's pushing granny off of a clip and all this stuff,
and people chicken out.
Speaker 6 (08:50):
But that's not chuly in moral courage. Do you someone's
got to take it on?
Speaker 4 (08:55):
Do you want me to give you some raw meat
for everybody to see?
Speaker 1 (08:58):
All right? So right off, and I would off the air.
Speaker 4 (09:00):
We're talking and he's like, you know, some of these
people that are multi I don't mean just a millionaire,
multi millionaires. You know, somebodys have to make a tough decision.
They don't get Social Security. And I'm like, well, that
ain't going to make a den. I mean, when you
look at social Security. For example, in nineteen fifty, shortly
after it was created, the average white male lived to
(09:21):
be sixty six years old, the average white female seventy two.
The average male Black and America lived to fifty and
woman to fifty eight. Today those are seventy nine and
seventy three, respectfully. So a lot of this was designed
to keep from very old people from being destitute, and
they didn't expect them to live long enough to collect
it very much. Now they're living longer, collecting longer. And
(09:45):
then there's another big blind spot nobody ever talks about, David,
and that is compare our birth rate in nineteen fifty
to today. There's nobody paying in to pay for those
living dramatically longer. You're not fixing soci security unless you
have have a and you're not even gonna fix it
raising the amount of income you tax or delaying when
(10:05):
you can start taking it. There's gonna have to be
some major reconciling with the cuts to medicate. Medicare the
things that government has has become more of an entitlement
to people that are simply not affordable. Does them I
guess what I'm getting at is, does America not a politician?
(10:27):
Does America have the courage to live what it's going
to have to live to address this, because if it
doesn't address it's going to address it the hard way anyway.
Speaker 5 (10:36):
Well, but here's the thing is that America is very
happy to say we need to have the courage as
long as lee as pearl. And then when you say, okay,
well you're gonna you're gonna take a cut.
Speaker 6 (10:48):
And they go, no, no, no, that's not what I said.
Speaker 5 (10:50):
And so the idea of talking about it in the
macro versus the micro is a little bit problematic because
I think what people's app tight is going to be
is different when it affects the collective versus the individual.
Speaker 6 (11:06):
So here's what I would say.
Speaker 5 (11:08):
I think you can save trillions, not billions, trillions by
adjusting the eligibility age. I think you can save trillions
by means testing Social Security in the future. And if
that isn't going to happen, then at least means test
the COLA, the cost of living adjustment. Why should somebody
(11:29):
of my net worth get three percent adjustment every year?
Up and you go people who cares, it's not that much.
But actually, if you means tested, just the cola, which,
by the way, at one point in time, John McCain,
Barack Obama, Mitt Romney had had bipartisan support and then
they decided to throw it all in the trash.
Speaker 6 (11:49):
So there are things you can do to move the knobs.
Speaker 5 (11:52):
Do I think that you're right that more draconian things
are needed. Yes, But I'm an incrementalist. We get not
I'm to go off a cliff to get in this mess.
We went one step at a time. I don't see
a scenario politically where we get out of it apart
from one step at a time.
Speaker 6 (12:12):
By the way, so you just said spirit and you.
Speaker 5 (12:15):
Mentioned Medicare, Medicaid, Social securitious by.
Speaker 6 (12:18):
Far the best of the three, that's the easiest. Okay.
Speaker 4 (12:23):
So I'm only laughing because I have a very dear friend,
Ralph Bristol, who has started a crusade on Facebook trying
to address the mess the baby boomer generation has created,
and the inability of the baby boomer generation to realize
what they're going to have to do to fix this,
and the sacrifices that are going to have to be made,
(12:44):
and the cutting off of money that is going to
have to happen. And when you get to Medicare and Medicaid,
oh my well, I'm living it right now. I mean,
taking care of my mother the last ten years has
pretty much taken care of all of my retirement planning
for me. That money's gone, it's spent on her. And
(13:05):
now when I come around and they make all these
changes in social security, now I'm really in trouble. So
I don't even think the next generation is going to
be as prepared for the worst of this. But the
Medicare medicaid part what I have experienced with my mother.
The Medicare Medicaid is broke, unsustainable, and I'm frightened at
(13:26):
where this might lead.
Speaker 5 (13:29):
Well, I agree entirely, and so what we basically end
up with, since you and I are as always agreed,
is a big po caree of issues, and we haven't
even got to the growth aspect. This all presupposes that
somebody fixes the growth part of the economy, which nobody
has done. So you need not only to get back
(13:51):
to three plus percent real GDP.
Speaker 6 (13:54):
Growth just to keep the world turning, but you also
then need.
Speaker 5 (13:58):
To address social security, Medicare, medicaid, and the annual budget deficit.
Speaker 6 (14:03):
The annual budget deficit at six point.
Speaker 5 (14:05):
One percent of GDP through Bush and Obama. It was
between zero and three percent of Gdplue, all right, the
economy was growing faster than the level of death. That's
the issue that I keep bringing up because we have
sacrificed the growth through a whole lot of unproductive policies.
I think you know by the way I'm i diving
(14:26):
in cafe tomorrow, I'm going to do something I've always
sworn I wouldn't do.
Speaker 6 (14:30):
Is I'm going to write the.
Speaker 5 (14:32):
Article that people have been asking me to write for years,
what would I do to fix all this? Of our
team for a day. And the reason I have said
there's no point in me writing what I would do
in Daveland is because Daveland doesn't exist.
Speaker 6 (14:46):
It's not politically real it's not realistic. So I'm going
to write it a by.
Speaker 5 (14:51):
Popular demand, recognizing it isn't politically doable.
Speaker 6 (14:55):
We live in a democracy.
Speaker 5 (14:56):
People are accountable to voters, and we have to work
within the law of the land.
Speaker 6 (15:01):
Legislating is hard, you know, that's my citizens.
Speaker 5 (15:04):
And by the way of our president, who we both
find so much that we like and admire about, is
that he feels so inconvenienced by democracy at times like
the courts. You know this trade ruling last night, for example.
He hates it, but it's exactly the right ruling. Well,
the same advice to me trying to deal with the
budget deficit. We have to deal with this within the
(15:26):
constitutional norms and limitations we have.
Speaker 6 (15:29):
That makes it very difficult, but I'm still going to try.
Speaker 4 (15:32):
And we Daveland doesn't exist, nor does a House and
Senate congressional branch of government land either whose chief responsibility
is the purse ring. All right, this fascinate We're gonna
have to continue it in future weeks devidancafe dot com.
Next Thursday, we'll visit again with David Bonson. That concludes
our journey of discovery.
Speaker 2 (15:54):
I'm Jim Schultz in Tampa and my morning show is
your Morning Show with Michael Gill Journal. Hey, it's Michael
reminding you that your morning show can be heard live
each weekday morning five to eighth Central, six to nine
Eastern and great cities like Nashville, Tennessee, tu Below, Mississippi,
(16:14):
and Sacramento, California. We'd love to be a part of
your morning routine and take the drive to work with you,
but better late than never.
Speaker 1 (16:20):
We're grateful you're here. Now, enjoy the podcast.
Speaker 6 (16:23):
This is Ruth and Chandler.
Speaker 7 (16:25):
The government never paid any money to this. It was
all paid by employers and employees. The money needs to
be paid back to the Social Security from the federal government.
There's eight trillion dollars. I think everyone is dancing around
the elephant in the room.
Speaker 8 (16:43):
So I think we're social Security. If we don't tax
social Security on the way output into an account along
with four O one K that eliminates by grandfathering in
so senior citizens that the new generation will actually have
social security without it being taxed or d on.
Speaker 9 (17:00):
The GDP or the system.
Speaker 10 (17:02):
Michael, your guest was right, but understand something. There wouldn't
be any need for a cola at all if they
would stop printing the money and devaluing the money. So
it's not just a singular social security problem. It's a
bigger money problem.
Speaker 1 (17:17):
Tom from North Campton, Ohio.
Speaker 11 (17:19):
I think the president's plan is to get this bill through,
get growth going, and then the next Congress tackle the
debt because he'll have nothing to lose since he can't
run again. As far as tackling the so called social
security and medicaid problem.
Speaker 4 (17:37):
Well, wouldn't it be nice if we knew that a
lot of you have a lot of very passionate things.
I'm going to focus in on Catherine, not to avoid
all the other comments, but just to make use of
our time properly. She writes, simply, Michael, we need to
bring back the Bush plan for social security. Think about that.
Everything changed on nine to eleven. Do you know what
(17:59):
the big debate was was that defined that close selection
with al Gore and George W. Bush social Security. Imagine
had you dealt with it twenty five years ago, I
don't even imagine. If you don't deal with it for
another twenty five years, this whole thing's coming down. But
(18:23):
they were arguing over the lock box and the privatization.
The two party system killed it. I don't think. Look,
this is just basic logic. I don't think the people
that have caused the problem are the right ones to
solve it. So that's almost the definition of insanity. But
(18:44):
to Catherine's point, do you know what the dow was?
After all the hanging chads prior to nine to eleven
when George W.
Speaker 1 (18:53):
Bush took office at both.
Speaker 4 (18:55):
These parties put their cat and dog shirts and skins
us versus them eating aside and actually solved the problem.
What if you had privatized Social Security? The dow in
January of two thousand and one was ten thousand. Today
it's forty two thousand. You think you got that return
(19:19):
in this Ponzi scheme that nobody has the courage to
call it, and when they do, they get crucified. And
by the way, not just a Ponzi scheme, a Ponzi scheme.
They've stolen eight trillion dollars from never mind, the left person,
the last person left standing is holding the bag they
stole before that, and everybody.
Speaker 6 (19:40):
Look them out.
Speaker 12 (19:40):
Look, you just gotta try harder.
Speaker 3 (19:42):
For perhaps you'd like to be alone with you.
Speaker 1 (19:49):
I think they would.
Speaker 4 (19:54):
Always revealing, often entertaining time for your Sounds of the day.
Speaker 1 (19:57):
At thirty nine minutes after the hour. What you just heard,
Senator Kenny, try not to shock.
Speaker 4 (20:02):
Well, the Chinese Communist Party thinks all America does is
sit around in debate whether a mother should be called
a birthing person.
Speaker 1 (20:17):
Meanwhile getting wise.
Speaker 4 (20:22):
To students with ties to the Communist Party. One of
our main headlines today is the Trump administration and Secretary
of State Marco Ruby making a clear they're cracking down
on Chinese student pieces. When addressing the issue, Senator Kennedy
(20:45):
had this to.
Speaker 12 (20:46):
Say, Well, I have read the reports about what Marco
secretar Ubio was doing. Look, I can just tell you
how I view it. I willcome international students. I don't
welcome international students who come here and break them all.
(21:07):
I don't welcome international students who come here and threaten
our national security. The China Chinese Communist Party has a
horrific record of sending students to America to do that,
and we do need to be careful. It would be
(21:29):
nice if some of our universities like Harvard would help
us screen these students rather than contribute.
Speaker 6 (21:37):
To the problem.
Speaker 12 (21:39):
So I support what sector Rubio is doing. The simple
fact of the matter is this has nothing to do
with diversity or inclusion. The Chinese Communist Party will steal
the hair off your head, and they hate America. They
think America is the client is in decline.
Speaker 6 (22:01):
They think that all.
Speaker 12 (22:02):
We do is shit around all day and uh and
debate whether a mother should be called a birthing person.
Speaker 9 (22:11):
Center or breaking up centerships. Yeah, centator, I'm so sorry
to introup. We just got other breaking news, the big
news tonight. A federal court just blocked the majority of
Trump's tariffs, the Court of International Trade, saying he overstepped
his authority on an international emergency Economic Powers Act. This
was I believe the three judge panel. There was a
(22:32):
Reagan appointee, a Trump appointee, and a Biden appointee on
this particular panel.
Speaker 4 (22:38):
Uh.
Speaker 9 (22:39):
This was kind of widely predicted among those who study
trade closely, so those European tariffs blocked. Senator your reaction.
Speaker 6 (22:52):
You mean that.
Speaker 12 (22:54):
A federal judge is intervened with the other two branches
ability to make polishing.
Speaker 6 (23:01):
I'm shocked. You always gotta wait for his dim.
Speaker 4 (23:09):
Oh, I love this. This is Cash Pttel visiting with
Brettbear about Cally, and this is a blind spot even
I had. I never thought of this, all right, So
Cally loser of the decade, but certainly loser of the week.
All right, So we're supposed to believe that an FBI
director didn't know eighty six forty seven a picture of
(23:32):
that spelled out in shells is indicating someone should kill
the president that his wife told him to post. And
he doesn't know what eighty six means. You know, he
thought it had something to do with restaurants. It was
just nonsense. But what I hadn't thought about is then
everybody else's most of them making fun of it with
(23:53):
messages to him spelled out in shells. I mean, all
the memes that appeared after that, other people's postings. You
got to take the time to investigate, Cash Pattel, I'm
former FBI director, call.
Speaker 13 (24:07):
Me James Cooman if he wants to come after me,
no problem. I've been living rent free in that guy's
head for.
Speaker 1 (24:12):
Years, and that's just a bonus.
Speaker 13 (24:14):
Do you know how many copycats we've had to investigate
as a result of that beachside venture from the former director.
Do you know how many agents I've had to take
offline from chasing down child sex predators, fentanyl traffickers, terrorists
because everywhere across this country, people are popping up on
social media and think that a threat to the life
(24:35):
of the President of the United States is a joke
and they can do it because he did it. That's
what I'm having to deal with every single day, and
that's what I'm having to pull my agents and analysts
off because he thought it was funny to go out
there and make a political statement the eighty.
Speaker 1 (24:51):
I mean call me. Now, we go to.
Speaker 4 (24:58):
Charlie Kirk visiting on Kamala Harris, who has returned to
the narrative of This is the thirties. Trump is hitler
and kind of addressing the overall challenge for the Democrat Party. Listen,
look all getting aside.
Speaker 14 (25:15):
The Democrat Party right now, in its current form, is
shattered into pieces.
Speaker 6 (25:19):
They have no leader.
Speaker 1 (25:20):
They have no message, they have no unity.
Speaker 14 (25:22):
And one of President Trump's longest lasting legacies will be
how he has destroyed the Democrat Party and taken away
the core constituencies of young people, of working class voters,
and of blacks and Hispanics. You look at how President
Trump has remade the political map, and now the Democrats
are going to spend twenty million dollars to find out
how to communicate with young men.
Speaker 1 (25:43):
Pete Buddha jets right there.
Speaker 14 (25:45):
I mean, should we send him a maga hat? I
didn't get him assigned maga hat?
Speaker 1 (25:48):
There one and but there he's going to wear it.
Speaker 5 (25:51):
But send it to him anyway, I.
Speaker 1 (25:53):
Will sig it.
Speaker 4 (25:54):
So everybody gets the problem. And I think it's a
real problem. I mean, I've talked about many times. I
think one or both parties will be gone by the
end of the decade. And I think the Democrats are
certainly probably already gone. The question is the other. Remember
what I said, I think one or both parties will
(26:15):
be gone by the end of the decade. And the
one that everybody's ignoring that may already be gone is
the Republican Party that may have already morphed into something else.
But it may not be able to remain that unless
there is a seamless handoff. So I think Charlie Kirk
(26:37):
is spot on. The Democrats are in problem. He left
out the biggest piece, which is the civil war they're in.
There are socialist Justice Democrats, the Squad AOC who will
probably be the front runner for president, and unless the
DNC intervenes itself as it did in twenty sixteen with
Hillary and twenty twenty with Biden and twenty two for
(27:00):
with Kamala, she'll be the nominee. So that party's going
to disappear because it's going to become a socialist party
or like a parasite. It's going to win and destroy
the party. He's right to point out the loss of
the working class vote. The gender gap is not what
it used to be. The youth vote is not a
(27:22):
stronghold anymore. They've lost it. Hispanic vote, mail, Black vote.
They have no leader, they have no message, they have
a filled platform, and they have completely lost the trust
of the American people. Oh, the Democrat Party is in
big trouble. What we don't know is what is the
(27:44):
Republican Party after Trump leaves? Because none of this is
perceived as Republican victories. They're Trump victories. So when he's gone,
how does this handoff take place? And do they go
back to establishment platform partisan politics again? Do they go
(28:06):
back to being narrative controlled and censored in social media?
That's a question mark. Don't be taking any victory lapse
just yet. This is probably one of my favorite two
sounds of the day. Okay, so here's Jake Tapper pronouncing
(28:33):
the trust and credibility of politicians is dead. When all
of Americas focus on journalism being dead. He thinks he's
the solution when he's the problem.
Speaker 1 (28:46):
Listen.
Speaker 15 (28:46):
I think that we need to be skeptical of everything
that we are told by people in power. And I
mean that obviously should be the mantra of being a
journalist to begin with. If your mother tells you she
loves you, get us and source right. We just need
to remember that like politicians lie, white houses lie, power
(29:07):
is an aphrodisiac.
Speaker 4 (29:08):
And you, as the media, covered it up and with
none of them, very few of them other than what
you're about to hear and a Time magazine manifesto in
twenty twenty one, have the courage to tell you the truth.
We did all this, We were all at the same
table doing this. We created the fake presidency, we covered
(29:32):
up the fake presidency. And you know why, we had
to and we would have done a second term the
same way. And you know why, because we had to
to save democracy and to save the America from the
great Satan, Donald Trump. I mean that much is admitted
(30:00):
right here.
Speaker 1 (30:00):
Listen.
Speaker 16 (30:02):
Even that is preferable to me and to I think
many Democrats than having someone who we consider to be
genuinely evil, to genuinely one hundred percent purpose to serving
himself in the office of the presidency.
Speaker 1 (30:19):
I would rather have a president.
Speaker 16 (30:20):
I would rather have a president in a coma where
the duties of the presidency are executed by a committee
of just normal people.
Speaker 4 (30:30):
Liberal philosopher Sam Harris, in a sea of thieves, liars, deceivers,
despicable people. At least he's honest about it. That's the
part that Jake hasn't come clean on. That's the part
(30:53):
all of the media and all of the DNC and
all of the bundlers and grassrooms its Democrats haven't come
clean on. You don't have the full revelation yet. And
when you do, and remember This is classic Solensky. Whatever
(31:16):
the left is attacking, they're confessing. So while their attack
was Donald Trump is a threat to democracy and that
what January sixth was was insurrection because they were busy
with the great insurrection and the greatest fraud in political history.
So far, just one has really come clean and admitted it.
Speaker 12 (31:43):
An online activision with a minor and puberty bought a
little bit.
Speaker 1 (31:49):
Any of you in the media clearly missed the art
of the.
Speaker 6 (31:52):
Deals before it's going to work out.
Speaker 1 (31:56):
This is your Morning Show with Michael del Chona.
Speaker 4 (32:00):
The use of artificial intelligence. It's exploding. We've been trying
to put skin on it all week long to help us.
Your morning show National correspondent Rory O'Neil with the indications
of AI's tremendous impact on the job market in just
a few short years.
Speaker 1 (32:17):
Good morning, Rory, and good morning.
Speaker 17 (32:19):
The warning comes from the CEO of a company called Anthropic.
They're big players in this artificial or AI space, and
Dario Amode, in an interview with Axios, says that AI
could wipe out half of all entry level, wipe collar
jobs in just the next five years. So a pretty
(32:40):
stark warning that Amodi says, we're not really paying enough
attention to the revolution that's coming up around the corner.
Speaker 6 (32:46):
You know.
Speaker 4 (32:46):
It's interesting and we've seen the debate over minimum wage.
Do this and eliminate entry level jobs. If you don't
have the entry level jobs, how do you get the
higher up jobs. So the impact is always more than
just the entry level jobs, although that's staggering in and
of itself.
Speaker 17 (33:01):
Well right, And his concern is that then this leads
to an unemployment spike of ten to twenty percent again,
just in the next five years or so. And AI
is still in its infancy, all right. Maybe it's terrible
twos right now, or it's a terrible twos, you know,
but the teenage years are coming fast and when it
becomes uncontrollable, and that's his concern. He says, you know,
(33:23):
with AI, in ten years, you could have cancer cured,
the economy growing at ten percent, even a balance to budget,
but twenty percent of the population may be out of work.
Speaker 4 (33:33):
Reality truth, chaos, jobs, electric infrastructure.
Speaker 1 (33:37):
There's a lot of skin to put on this AI.
That spells an uncertain future. Good reporting, where we'll talk
again tomorrow. We're all in this together. This is Your
Morning Show with Michael Ndheld Choano
Hey, it's me Michael.
Speaker 2 (00:00):
Your morning show can be heard live five to eight
am Central, six to nine Eastern and great cities like Jackson, Mississippi, Akron, Ohio,
or Columbus, Georgia. We'd love to be a part of
your morning routine and we're grateful you're here.
Speaker 1 (00:12):
Now. Enjoy the podcast two.
Speaker 3 (00:14):
Three starting your morning off right. A new way of talk,
a new way of understanding because we're in this together.
This is your Morning Show with Michael gill Jordan on
the Aaron streaming live on your iHeartRadio app.
Speaker 4 (00:33):
Good morning, and welcome to Thursday, made the twenty ninth
year About Lord twenty twenty five.
Speaker 1 (00:38):
This is your Morning Show. Seven minutes after the hour.
Speaker 4 (00:42):
Tomorrow, our spotlight interview of the week was speaker Nude
Gingrich out with a new.
Speaker 1 (00:46):
Book, Trump's Triumph.
Speaker 4 (00:48):
It's also Friday, that means Friday with forty seven himself,
so be listening for that. Coming up next half hour,
Rooryo and Neal with the latest on AI and its
impact on the marketplace. We kind of began a journey
discovery and the premise is really simple. Love the President,
support the president, but what about the debt? Is anybody
still focused on that. I mean, it's a big, beautiful bill,
(01:11):
but it's also three to five trillion dollars of an
increase to the debt.
Speaker 1 (01:17):
Does that matter?
Speaker 4 (01:18):
Can I bring that up without you being offended or
thinking I love the president any less or support him
any less? I mean, if James Carvel coined the phrase
it's the economy stupid, well, when it comes to the economy,
isn't it the debt stupid?
Speaker 1 (01:37):
Economist?
Speaker 4 (01:38):
Money was my most successful friend. David Bonsen for the
Bonson Financial Group is joining us. Good morning, David. You
know I'm looking down at debt when when I was
ten years old, the debt in this country was five
hundred and five billion dollars. When my son Nicholas was
ten years old, it was twenty trillion. When my dad
(01:59):
was sixty, the debt was five trillion. When I'm sixty.
Now it's thirty six trillion. Oh my gosh. I can't
bear to imagine what it'll be when my son is sixty.
This is a relatively new threat for America, is it not.
Speaker 5 (02:13):
Yes, But I don't think that the issue I'd be
focusing on is even the level of debt itself, because
you notice those different ages.
Speaker 6 (02:20):
You're talking about, and that timeline the debt was at
one point.
Speaker 5 (02:26):
You're still and some people may hear that Michael and
saying accurately, Well, the world didn't end.
Speaker 6 (02:34):
The country actually kept growing.
Speaker 5 (02:36):
Our quality of life has gotten better, So maybe everything
is just fine.
Speaker 6 (02:41):
But I think the major issue.
Speaker 5 (02:43):
Is the debt versus BDP versus the size of the economy.
Speaker 6 (02:49):
And that is the issue that nobody's addressing.
Speaker 5 (02:51):
When the debt was growing under Reagan, under a Bush Senior,
and under Clinton and even under Bush Junior up until
the time of the financial crisis, the debt was growing
at a rate in concert with the growth of the economy.
Since the financial crisis, and then this really changed during
(03:15):
the Obama years and it got incredibly bad during the
first Trump years and stayed very bad during the Biden
years post COVID. The major issue is that the debt
is growing much faster.
Speaker 6 (03:27):
Than the economy.
Speaker 5 (03:29):
That is the issue that dramatically impacts our quality of life.
That is the issue that takes away economic growth, productivity, opportunity,
and then hurts our kids and grandkids.
Speaker 4 (03:41):
All Right, So if you look at the history of debt,
you can see reasons world War one, World War two,
you know, different things. Then all of a sudden we
get to the Obama era and you literally double in
one presidency two terms the total debt for the country
compared to the previous two hundred plus years.
Speaker 1 (04:01):
That was pretty extraordinary.
Speaker 4 (04:02):
Then, I guess you could put an asterisk by COVID,
but that was the result of a stupid mistake. And
then you're bringing up this new point, which is the
percentage of GDP so compared to GDP growth. All right,
So we used to think when the debt became one
hundred and twenty percent of GDP, something bad would happen.
Where are we today and when does it get so
(04:24):
bad that it's irreparable?
Speaker 5 (04:27):
Well, first of all, the number that has always been
thought of by economists is problematic is one hundred percent
debt to GDP. Rogueff and Reinhardt in their seminal work
in twenty eleven identified that as the number debt to GDP,
and I should be clear public debt to GDP. Right,
So when we talk about our thirty seven trillion of debt,
(04:48):
eight trillion of that is money we owe ourselves. One
pocket of the government owes another pocket of the government
eight trillion because they borrowed from the Social Security Trust
Fund a little bit from the medic Care Trust Fund
and not paid it back.
Speaker 6 (05:02):
But the twenty nine trillion is what they owe to
somebody else. Those are called.
Speaker 5 (05:06):
Bondholders, and that number is at above one hundred percent.
So what it does is starts to.
Speaker 6 (05:16):
Tap into economic growth.
Speaker 5 (05:18):
All those years that people were complaining about Bush Junior
running up the debt, it was sixty percent of GDP.
It had gone way up during World War Two for
as you say, very obvious and justifiable reasons, but then
it came way back down around forty percent. The major
issue that has changed is that our costs of entitlement
(05:43):
system of social safety Net of Social Security DASH, Medicare DASH,
Medicaid DASH, food Stamps DASH, the Affordable Care Act, all
of these things put together are now between sixty five
and seventy percent federal outlays.
Speaker 6 (06:00):
They used to be thirty percent.
Speaker 5 (06:02):
So there's absolutely no scenario none where there won't be pain.
The only scenario is whether or not there's a politician
and group of politicians who want to have the courage
to take this on, or rather we want to wait
till there is a major problem, and then the American
people obviously always reacted during a crisis. My very strong
(06:26):
preference would be to not wait for a crisis, not
wait for a major event for there to be some
sort of moral courage to get in front of it.
You know, it's hard for me to reconcile.
Speaker 6 (06:38):
There really is.
Speaker 5 (06:39):
Everybody talking about how incredible President Trump is for the economy,
but then just put a minor footnote like, oh, the
only problem is you won't really touch this depth stuff.
I'm sorry, this is the economic issue hard day.
Speaker 6 (06:52):
So glad, yeah, to touch this experience.
Speaker 1 (06:55):
I'm so glad you said that.
Speaker 4 (06:56):
All right, So you know, first of all, I don't
want I want to dust out does America have a
spending problem or the American government a spending problem or
an identity problem? And the answer is, of course both.
We never asked the question what is the proper size
and role of government? And what is the intended role
and responsibility of moral self governed individuals capable of self governance?
(07:19):
And that's why we never get to those answers. But
you've just brought up something people view President Trump is
so unique, so courageous. The real unique cre courageous person
is going to be the one that has the stones
bigger than a giraffe to address this.
Speaker 1 (07:35):
Because you can't.
Speaker 4 (07:36):
You cannot do this without addressing Social Security, Medicare, Medicaid,
all of these things that would seem to be a
political death sentence to address. But you can't get serious
about debt without doing it, can you, Well you cannot.
Speaker 5 (07:54):
And it would be like a husband and wife of
financial troubles and the husband just says, I don't want
to make her up set, so I'm going to keep
doing little tiny things that don't help us at all,
and in fact sort of make things a little bit worse,
and say, but at least I'm avoiding the conflict now.
Speaker 6 (08:11):
By the way, I don't.
Speaker 5 (08:12):
Know that it is true that it would be a
political death sentence to go save social Security.
Speaker 6 (08:18):
That sounds to me like a very good headline to
have about yourself.
Speaker 5 (08:22):
In the history books, social Security was insolvent, and I
made it solvent. And yes, along the way, I did
some things and some people liked and other people didn't.
Speaker 6 (08:32):
But that's everything. In politics.
Speaker 5 (08:34):
We have accepted as gospel, this idea that anything that
is a tough decision is going to be unpopular and
politically fatal, and then the media goes nuts saying, Paul
Ryan's pushing granny off of a clip and all this stuff,
and people chicken out.
Speaker 6 (08:50):
But that's not chuly in moral courage. Do you someone's
got to take it on?
Speaker 4 (08:55):
Do you want me to give you some raw meat
for everybody to see?
Speaker 1 (08:58):
All right? So right off, and I would off the air.
Speaker 4 (09:00):
We're talking and he's like, you know, some of these
people that are multi I don't mean just a millionaire,
multi millionaires. You know, somebodys have to make a tough decision.
They don't get Social Security. And I'm like, well, that
ain't going to make a den. I mean, when you
look at social Security. For example, in nineteen fifty, shortly
after it was created, the average white male lived to
(09:21):
be sixty six years old, the average white female seventy two.
The average male Black and America lived to fifty and
woman to fifty eight. Today those are seventy nine and
seventy three, respectfully. So a lot of this was designed
to keep from very old people from being destitute, and
they didn't expect them to live long enough to collect
it very much. Now they're living longer, collecting longer. And
(09:45):
then there's another big blind spot nobody ever talks about, David,
and that is compare our birth rate in nineteen fifty
to today. There's nobody paying in to pay for those
living dramatically longer. You're not fixing soci security unless you
have have a and you're not even gonna fix it
raising the amount of income you tax or delaying when
(10:05):
you can start taking it. There's gonna have to be
some major reconciling with the cuts to medicate. Medicare the
things that government has has become more of an entitlement
to people that are simply not affordable. Does them I
guess what I'm getting at is, does America not a politician?
(10:27):
Does America have the courage to live what it's going
to have to live to address this, because if it
doesn't address it's going to address it the hard way anyway.
Speaker 5 (10:36):
Well, but here's the thing is that America is very
happy to say we need to have the courage as
long as lee as pearl. And then when you say, okay,
well you're gonna you're gonna take a cut.
Speaker 6 (10:48):
And they go, no, no, no, that's not what I said.
Speaker 5 (10:50):
And so the idea of talking about it in the
macro versus the micro is a little bit problematic because
I think what people's app tight is going to be
is different when it affects the collective versus the individual.
Speaker 6 (11:06):
So here's what I would say.
Speaker 5 (11:08):
I think you can save trillions, not billions, trillions by
adjusting the eligibility age. I think you can save trillions
by means testing Social Security in the future. And if
that isn't going to happen, then at least means test
the COLA, the cost of living adjustment. Why should somebody
(11:29):
of my net worth get three percent adjustment every year?
Up and you go people who cares, it's not that much.
But actually, if you means tested, just the cola, which,
by the way, at one point in time, John McCain,
Barack Obama, Mitt Romney had had bipartisan support and then
they decided to throw it all in the trash.
Speaker 6 (11:49):
So there are things you can do to move the knobs.
Speaker 5 (11:52):
Do I think that you're right that more draconian things
are needed. Yes, But I'm an incrementalist. We get not
I'm to go off a cliff to get in this mess.
We went one step at a time. I don't see
a scenario politically where we get out of it apart
from one step at a time.
Speaker 6 (12:12):
By the way, so you just said spirit and you.
Speaker 5 (12:15):
Mentioned Medicare, Medicaid, Social securitious by.
Speaker 6 (12:18):
Far the best of the three, that's the easiest. Okay.
Speaker 4 (12:23):
So I'm only laughing because I have a very dear friend,
Ralph Bristol, who has started a crusade on Facebook trying
to address the mess the baby boomer generation has created,
and the inability of the baby boomer generation to realize
what they're going to have to do to fix this,
and the sacrifices that are going to have to be made,
(12:44):
and the cutting off of money that is going to
have to happen. And when you get to Medicare and Medicaid,
oh my well, I'm living it right now. I mean,
taking care of my mother the last ten years has
pretty much taken care of all of my retirement planning
for me. That money's gone, it's spent on her. And
(13:05):
now when I come around and they make all these
changes in social security, now I'm really in trouble. So
I don't even think the next generation is going to
be as prepared for the worst of this. But the
Medicare medicaid part what I have experienced with my mother.
The Medicare Medicaid is broke, unsustainable, and I'm frightened at
(13:26):
where this might lead.
Speaker 5 (13:29):
Well, I agree entirely, and so what we basically end
up with, since you and I are as always agreed,
is a big po caree of issues, and we haven't
even got to the growth aspect. This all presupposes that
somebody fixes the growth part of the economy, which nobody
has done. So you need not only to get back
(13:51):
to three plus percent real GDP.
Speaker 6 (13:54):
Growth just to keep the world turning, but you also
then need.
Speaker 5 (13:58):
To address social security, Medicare, medicaid, and the annual budget deficit.
Speaker 6 (14:03):
The annual budget deficit at six point.
Speaker 5 (14:05):
One percent of GDP through Bush and Obama. It was
between zero and three percent of Gdplue, all right, the
economy was growing faster than the level of death. That's
the issue that I keep bringing up because we have
sacrificed the growth through a whole lot of unproductive policies.
I think you know by the way I'm i diving
(14:26):
in cafe tomorrow, I'm going to do something I've always
sworn I wouldn't do.
Speaker 6 (14:30):
Is I'm going to write the.
Speaker 5 (14:32):
Article that people have been asking me to write for years,
what would I do to fix all this? Of our
team for a day. And the reason I have said
there's no point in me writing what I would do
in Daveland is because Daveland doesn't exist.
Speaker 6 (14:46):
It's not politically real it's not realistic. So I'm going
to write it a by.
Speaker 5 (14:51):
Popular demand, recognizing it isn't politically doable.
Speaker 6 (14:55):
We live in a democracy.
Speaker 5 (14:56):
People are accountable to voters, and we have to work
within the law of the land.
Speaker 6 (15:01):
Legislating is hard, you know, that's my citizens.
Speaker 5 (15:04):
And by the way of our president, who we both
find so much that we like and admire about, is
that he feels so inconvenienced by democracy at times like
the courts. You know this trade ruling last night, for example.
He hates it, but it's exactly the right ruling. Well,
the same advice to me trying to deal with the
budget deficit. We have to deal with this within the
(15:26):
constitutional norms and limitations we have.
Speaker 6 (15:29):
That makes it very difficult, but I'm still going to try.
Speaker 4 (15:32):
And we Daveland doesn't exist, nor does a House and
Senate congressional branch of government land either whose chief responsibility
is the purse ring. All right, this fascinate We're gonna
have to continue it in future weeks devidancafe dot com.
Next Thursday, we'll visit again with David Bonson. That concludes
our journey of discovery.
Speaker 2 (15:54):
I'm Jim Schultz in Tampa and my morning show is
your Morning Show with Michael Gill Journal. Hey, it's Michael
reminding you that your morning show can be heard live
each weekday morning five to eighth Central, six to nine
Eastern and great cities like Nashville, Tennessee, tu Below, Mississippi,
(16:14):
and Sacramento, California. We'd love to be a part of
your morning routine and take the drive to work with you,
but better late than never.
Speaker 1 (16:20):
We're grateful you're here. Now, enjoy the podcast.
Speaker 6 (16:23):
This is Ruth and Chandler.
Speaker 7 (16:25):
The government never paid any money to this. It was
all paid by employers and employees. The money needs to
be paid back to the Social Security from the federal government.
There's eight trillion dollars. I think everyone is dancing around
the elephant in the room.
Speaker 8 (16:43):
So I think we're social Security. If we don't tax
social Security on the way output into an account along
with four O one K that eliminates by grandfathering in
so senior citizens that the new generation will actually have
social security without it being taxed or d on.
Speaker 9 (17:00):
The GDP or the system.
Speaker 10 (17:02):
Michael, your guest was right, but understand something. There wouldn't
be any need for a cola at all if they
would stop printing the money and devaluing the money. So
it's not just a singular social security problem. It's a
bigger money problem.
Speaker 1 (17:17):
Tom from North Campton, Ohio.
Speaker 11 (17:19):
I think the president's plan is to get this bill through,
get growth going, and then the next Congress tackle the
debt because he'll have nothing to lose since he can't
run again. As far as tackling the so called social
security and medicaid problem.
Speaker 4 (17:37):
Well, wouldn't it be nice if we knew that a
lot of you have a lot of very passionate things.
I'm going to focus in on Catherine, not to avoid
all the other comments, but just to make use of
our time properly. She writes, simply, Michael, we need to
bring back the Bush plan for social security. Think about that.
Everything changed on nine to eleven. Do you know what
(17:59):
the big debate was was that defined that close selection
with al Gore and George W. Bush social Security. Imagine
had you dealt with it twenty five years ago, I
don't even imagine. If you don't deal with it for
another twenty five years, this whole thing's coming down. But
(18:23):
they were arguing over the lock box and the privatization.
The two party system killed it. I don't think. Look,
this is just basic logic. I don't think the people
that have caused the problem are the right ones to
solve it. So that's almost the definition of insanity. But
(18:44):
to Catherine's point, do you know what the dow was?
After all the hanging chads prior to nine to eleven
when George W.
Speaker 1 (18:53):
Bush took office at both.
Speaker 4 (18:55):
These parties put their cat and dog shirts and skins
us versus them eating aside and actually solved the problem.
What if you had privatized Social Security? The dow in
January of two thousand and one was ten thousand. Today
it's forty two thousand. You think you got that return
(19:19):
in this Ponzi scheme that nobody has the courage to
call it, and when they do, they get crucified. And
by the way, not just a Ponzi scheme, a Ponzi scheme.
They've stolen eight trillion dollars from never mind, the left person,
the last person left standing is holding the bag they
stole before that, and everybody.
Speaker 6 (19:40):
Look them out.
Speaker 12 (19:40):
Look, you just gotta try harder.
Speaker 3 (19:42):
For perhaps you'd like to be alone with you.
Speaker 1 (19:49):
I think they would.
Speaker 4 (19:54):
Always revealing, often entertaining time for your Sounds of the day.
Speaker 1 (19:57):
At thirty nine minutes after the hour. What you just heard,
Senator Kenny, try not to shock.
Speaker 4 (20:02):
Well, the Chinese Communist Party thinks all America does is
sit around in debate whether a mother should be called
a birthing person.
Speaker 1 (20:17):
Meanwhile getting wise.
Speaker 4 (20:22):
To students with ties to the Communist Party. One of
our main headlines today is the Trump administration and Secretary
of State Marco Ruby making a clear they're cracking down
on Chinese student pieces. When addressing the issue, Senator Kennedy
(20:45):
had this to.
Speaker 12 (20:46):
Say, Well, I have read the reports about what Marco
secretar Ubio was doing. Look, I can just tell you
how I view it. I willcome international students. I don't
welcome international students who come here and break them all.
(21:07):
I don't welcome international students who come here and threaten
our national security. The China Chinese Communist Party has a
horrific record of sending students to America to do that,
and we do need to be careful. It would be
(21:29):
nice if some of our universities like Harvard would help
us screen these students rather than contribute.
Speaker 6 (21:37):
To the problem.
Speaker 12 (21:39):
So I support what sector Rubio is doing. The simple
fact of the matter is this has nothing to do
with diversity or inclusion. The Chinese Communist Party will steal
the hair off your head, and they hate America. They
think America is the client is in decline.
Speaker 6 (22:01):
They think that all.
Speaker 12 (22:02):
We do is shit around all day and uh and
debate whether a mother should be called a birthing person.
Speaker 9 (22:11):
Center or breaking up centerships. Yeah, centator, I'm so sorry
to introup. We just got other breaking news, the big
news tonight. A federal court just blocked the majority of
Trump's tariffs, the Court of International Trade, saying he overstepped
his authority on an international emergency Economic Powers Act. This
was I believe the three judge panel. There was a
(22:32):
Reagan appointee, a Trump appointee, and a Biden appointee on
this particular panel.
Speaker 4 (22:38):
Uh.
Speaker 9 (22:39):
This was kind of widely predicted among those who study
trade closely, so those European tariffs blocked. Senator your reaction.
Speaker 6 (22:52):
You mean that.
Speaker 12 (22:54):
A federal judge is intervened with the other two branches
ability to make polishing.
Speaker 6 (23:01):
I'm shocked. You always gotta wait for his dim.
Speaker 4 (23:09):
Oh, I love this. This is Cash Pttel visiting with
Brettbear about Cally, and this is a blind spot even
I had. I never thought of this, all right, So
Cally loser of the decade, but certainly loser of the week.
All right, So we're supposed to believe that an FBI
director didn't know eighty six forty seven a picture of
(23:32):
that spelled out in shells is indicating someone should kill
the president that his wife told him to post. And
he doesn't know what eighty six means. You know, he
thought it had something to do with restaurants. It was
just nonsense. But what I hadn't thought about is then
everybody else's most of them making fun of it with
(23:53):
messages to him spelled out in shells. I mean, all
the memes that appeared after that, other people's postings. You
got to take the time to investigate, Cash Pattel, I'm
former FBI director, call.
Speaker 13 (24:07):
Me James Cooman if he wants to come after me,
no problem. I've been living rent free in that guy's
head for.
Speaker 1 (24:12):
Years, and that's just a bonus.
Speaker 13 (24:14):
Do you know how many copycats we've had to investigate
as a result of that beachside venture from the former director.
Do you know how many agents I've had to take
offline from chasing down child sex predators, fentanyl traffickers, terrorists
because everywhere across this country, people are popping up on
social media and think that a threat to the life
(24:35):
of the President of the United States is a joke
and they can do it because he did it. That's
what I'm having to deal with every single day, and
that's what I'm having to pull my agents and analysts
off because he thought it was funny to go out
there and make a political statement the eighty.
Speaker 1 (24:51):
I mean call me. Now, we go to.
Speaker 4 (24:58):
Charlie Kirk visiting on Kamala Harris, who has returned to
the narrative of This is the thirties. Trump is hitler
and kind of addressing the overall challenge for the Democrat Party. Listen,
look all getting aside.
Speaker 14 (25:15):
The Democrat Party right now, in its current form, is
shattered into pieces.
Speaker 6 (25:19):
They have no leader.
Speaker 1 (25:20):
They have no message, they have no unity.
Speaker 14 (25:22):
And one of President Trump's longest lasting legacies will be
how he has destroyed the Democrat Party and taken away
the core constituencies of young people, of working class voters,
and of blacks and Hispanics. You look at how President
Trump has remade the political map, and now the Democrats
are going to spend twenty million dollars to find out
how to communicate with young men.
Speaker 1 (25:43):
Pete Buddha jets right there.
Speaker 14 (25:45):
I mean, should we send him a maga hat? I
didn't get him assigned maga hat?
Speaker 1 (25:48):
There one and but there he's going to wear it.
Speaker 5 (25:51):
But send it to him anyway, I.
Speaker 1 (25:53):
Will sig it.
Speaker 4 (25:54):
So everybody gets the problem. And I think it's a
real problem. I mean, I've talked about many times. I
think one or both parties will be gone by the
end of the decade. And I think the Democrats are
certainly probably already gone. The question is the other. Remember
what I said, I think one or both parties will
(26:15):
be gone by the end of the decade. And the
one that everybody's ignoring that may already be gone is
the Republican Party that may have already morphed into something else.
But it may not be able to remain that unless
there is a seamless handoff. So I think Charlie Kirk
(26:37):
is spot on. The Democrats are in problem. He left
out the biggest piece, which is the civil war they're in.
There are socialist Justice Democrats, the Squad AOC who will
probably be the front runner for president, and unless the
DNC intervenes itself as it did in twenty sixteen with
Hillary and twenty twenty with Biden and twenty two for
(27:00):
with Kamala, she'll be the nominee. So that party's going
to disappear because it's going to become a socialist party
or like a parasite. It's going to win and destroy
the party. He's right to point out the loss of
the working class vote. The gender gap is not what
it used to be. The youth vote is not a
(27:22):
stronghold anymore. They've lost it. Hispanic vote, mail, Black vote.
They have no leader, they have no message, they have
a filled platform, and they have completely lost the trust
of the American people. Oh, the Democrat Party is in
big trouble. What we don't know is what is the
(27:44):
Republican Party after Trump leaves? Because none of this is
perceived as Republican victories. They're Trump victories. So when he's gone,
how does this handoff take place? And do they go
back to establishment platform partisan politics again? Do they go
(28:06):
back to being narrative controlled and censored in social media?
That's a question mark. Don't be taking any victory lapse
just yet. This is probably one of my favorite two
sounds of the day. Okay, so here's Jake Tapper pronouncing
(28:33):
the trust and credibility of politicians is dead. When all
of Americas focus on journalism being dead. He thinks he's
the solution when he's the problem.
Speaker 1 (28:46):
Listen.
Speaker 15 (28:46):
I think that we need to be skeptical of everything
that we are told by people in power. And I
mean that obviously should be the mantra of being a
journalist to begin with. If your mother tells you she
loves you, get us and source right. We just need
to remember that like politicians lie, white houses lie, power
(29:07):
is an aphrodisiac.
Speaker 4 (29:08):
And you, as the media, covered it up and with
none of them, very few of them other than what
you're about to hear and a Time magazine manifesto in
twenty twenty one, have the courage to tell you the truth.
We did all this, We were all at the same
table doing this. We created the fake presidency, we covered
(29:32):
up the fake presidency. And you know why, we had
to and we would have done a second term the
same way. And you know why, because we had to
to save democracy and to save the America from the
great Satan, Donald Trump. I mean that much is admitted
(30:00):
right here.
Speaker 1 (30:00):
Listen.
Speaker 16 (30:02):
Even that is preferable to me and to I think
many Democrats than having someone who we consider to be
genuinely evil, to genuinely one hundred percent purpose to serving
himself in the office of the presidency.
Speaker 1 (30:19):
I would rather have a president.
Speaker 16 (30:20):
I would rather have a president in a coma where
the duties of the presidency are executed by a committee
of just normal people.
Speaker 4 (30:30):
Liberal philosopher Sam Harris, in a sea of thieves, liars, deceivers,
despicable people. At least he's honest about it. That's the
part that Jake hasn't come clean on. That's the part
(30:53):
all of the media and all of the DNC and
all of the bundlers and grassrooms its Democrats haven't come
clean on. You don't have the full revelation yet. And
when you do, and remember This is classic Solensky. Whatever
(31:16):
the left is attacking, they're confessing. So while their attack
was Donald Trump is a threat to democracy and that
what January sixth was was insurrection because they were busy
with the great insurrection and the greatest fraud in political history.
So far, just one has really come clean and admitted it.
Speaker 12 (31:43):
An online activision with a minor and puberty bought a
little bit.
Speaker 1 (31:49):
Any of you in the media clearly missed the art
of the.
Speaker 6 (31:52):
Deals before it's going to work out.
Speaker 1 (31:56):
This is your Morning Show with Michael del Chona.
Speaker 4 (32:00):
The use of artificial intelligence. It's exploding. We've been trying
to put skin on it all week long to help us.
Your morning show National correspondent Rory O'Neil with the indications
of AI's tremendous impact on the job market in just
a few short years.
Speaker 1 (32:17):
Good morning, Rory, and good morning.
Speaker 17 (32:19):
The warning comes from the CEO of a company called Anthropic.
They're big players in this artificial or AI space, and
Dario Amode, in an interview with Axios, says that AI
could wipe out half of all entry level, wipe collar
jobs in just the next five years. So a pretty
(32:40):
stark warning that Amodi says, we're not really paying enough
attention to the revolution that's coming up around the corner.
Speaker 6 (32:46):
You know.
Speaker 4 (32:46):
It's interesting and we've seen the debate over minimum wage.
Do this and eliminate entry level jobs. If you don't
have the entry level jobs, how do you get the
higher up jobs. So the impact is always more than
just the entry level jobs, although that's staggering in and
of itself.
Speaker 17 (33:01):
Well right, And his concern is that then this leads
to an unemployment spike of ten to twenty percent again,
just in the next five years or so. And AI
is still in its infancy, all right. Maybe it's terrible
twos right now, or it's a terrible twos, you know,
but the teenage years are coming fast and when it
becomes uncontrollable, and that's his concern. He says, you know,
(33:23):
with AI, in ten years, you could have cancer cured,
the economy growing at ten percent, even a balance to budget,
but twenty percent of the population may be out of work.
Speaker 4 (33:33):
Reality truth, chaos, jobs, electric infrastructure.
Speaker 1 (33:37):
There's a lot of skin to put on this AI.
That spells an uncertain future. Good reporting, where we'll talk
again tomorrow. We're all in this together. This is Your
Morning Show with Michael Ndheld Choano
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