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June 3, 2025 35 mins

Are we moving toward a recession…or not? The Chairman of the Federal Reserve spoke about where he thinks the economy is going on Monday. Meantime, a new study looks at which states have the best – and worst – economies right now. National Correspondent RORY O’NEILL breaks down the numbers and tells you how YOUR state compares to the other 49.

Always revealing and often entertaining, it’s The Sounds of The Day!

President Trump is planning to speak with the Chinese President this week in hopes of easing tensions. White House Correspondent JON DECKER offers a preview and explains what is at stake. 

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, gang, it's me Michael. You can listen to your
morning show live. Make us a part of your morning
routine or your drive to work companion on great stations
like Talk Radio ninety eight point three and fifteen ten
WLAC in Nashville, Tupelos News and Talk one on one
point one and ten sixty WKMQ, and how about Talk
six fifty KSTE in Sacramento, California. Love to have you

(00:21):
listen live, but are grateful you're here now for the podcast.

Speaker 2 (00:24):
Enjoy 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 O'Dell Jordan.

Speaker 3 (00:42):
Welcome to Tuesday, June the third.

Speaker 1 (00:43):
Ye have out Load twenty twenty five on the air
and streaming live on your iHeartRadio app. This is your
morning show and I'm Michael del Jornal honor to serve you.
China is pushing back on the White House claims that
it broke to the Geneva trade agreement.

Speaker 3 (00:58):
Mohammed Solomon planned.

Speaker 1 (01:00):
This attack and Boulder for over a year and probably
a lifetime of hatred. And are we moving towards a recession?
By definition?

Speaker 3 (01:10):
Or not.

Speaker 1 (01:11):
The Chairman of the Fed Reserve spoke out about where
he thinks the economy is going yesterday. In the meantime,
these studies looked at which states have the best and
worst economies right now, breaking them all down for you
depending on where you live. Is our national correspondent, Roy O'Neil.
Good morning, Rory, Yeah, Michael.

Speaker 3 (01:29):
Good morning.

Speaker 4 (01:30):
You know, the FED chair Jerome Powell, spoke to the
I think it was the seventy fifth anniversary of some
international monetary group meeting in Washington yesterday. I think we
were all expecting him to say more about our economy.
Didn't go into as much detail as we wanted. Of course,
we know that the President and the chairmen are at
odds a bit over interest rates, but the chair is

(01:51):
still open to the idea of potential rate cuts later
this year.

Speaker 3 (01:55):
But that's still a bit of a wait and see.

Speaker 4 (01:57):
I think they're still waiting to see what the final
tariff policy is going to be here. We've heard the
Chairman say before that you know, essentially, if it's a
twenty percent tariff on China, it's one thing. If it's
one hundred and forty five percent, it's another way. It's
quite another.

Speaker 1 (02:11):
I wonder if you had the same take I did,
because yesterday we were getting the reports that President Trump
was going to meet with President she and the and
the notion or inclination was that the further talks on
these trade negotiations. But then the other conversation was really
more about did China break the Geneva trade agreement by

(02:32):
withholding goods and services in Europe? It seemed to be
more of the latter. So I don't know that we're
getting any closer to finding out what these Chinese tariff
levels are going to be as much as they're finding
about whether or not they broke their trade agreement. So
that's not a good sign necessarily.

Speaker 3 (02:49):
No, it's not.

Speaker 4 (02:50):
But again it's so influx right now, and the president's
power and authority to even issue these tariffs is still
in question.

Speaker 1 (02:57):
All right, And then are we in a recession? Well,
you could make a case by definition, yes, but the
kind that nobody thinks is really going to stick.

Speaker 4 (03:06):
Would that be welcome? Easiest way to say it. There's
growing concernive stagflation. According to a new report from JP
Morgan Chase. They're much more concerned about the situation of
rising prices but no economic growth. I think that's what
they're concerned about. And we did get the report about
the Conference Board and the asking CEOs their opinions. Eighty
three percent of CEOs and the survey said they expect

(03:29):
a recession in the next twelve to eighteen months. But again,
I think it's still a lot of that uncertainty out there.
They're trying to cover their bets well.

Speaker 1 (03:38):
And it depends on what unemployment numbers you're looking at,
as well as inflation. You know, we actually saw inflation
go down again down.

Speaker 4 (03:45):
To it and it may be a regional it may
be something we see in pockets versus the you know,
these tariffs, especially retaliatory tariffs, could hit agriculture industries particularly hard.
So it might be a tougher time for folks in
Iowa and Kansas than it is for folks in.

Speaker 3 (04:03):
Boston. National Course founder Roy O'Neil.

Speaker 1 (04:05):
All right, so you were looking at the best and
worst economies right now by state? How does that break down?
And remember we're or in a lot of states now
it's not as easy as it used to be.

Speaker 4 (04:14):
But yeah, right, No, Tennessee comes in twenty third, so
right in the middle of the pack there. When it
comes to the ranking by wallet Hub, North Carolina comes
in number six on the list, Kentucky forty one, Missouri
thirty five in there as well. Massachusetts tops the list,
followed by Utah and Washington State. WALLETA breaks it down

(04:36):
into three categories. There's the economic activity, there's the economic
health of that community, and then the innovation potential. So
how the states invest in healthcare and technology, those kinds
of things, and they use those three data sets to
come up with these scores.

Speaker 1 (04:52):
I'm doing terrible, but Ohio, California, Ohio, and Oklahoma would
probably be four big ones for us too.

Speaker 4 (05:01):
Yeah, Ohio thirty six, California comes in at number four,
Arizona fourteen, and I forgot the other one you said there.
I think was it Oklahoma, Yes, that's what you said.
Thirty ninth. Bottom of the barrel here Hawaii, West Virginia,
and Iowa.

Speaker 3 (05:19):
Roy O'Neill.

Speaker 1 (05:20):
He'll be back in the third hour and we're going
to have a discussion about the latest on the investigation
of the Tarr attack and Boulder. He said he'd planned
for over a year. His intent was to kill Zionist
supporters and Zionists and he'd do it again. That kind
of meets the criteria of terrorism. But we'll have more
on that coming up in the third hour, all right,

(05:42):
without getting into all the details, and trust me, there
are many in this. Pew Research did a poll and
the intent of the poll was to focus on how
gay and lesbians feel about acceptance compared to trans Now, again,
none of this is a statement of fact.

Speaker 3 (06:03):
This is how they feel.

Speaker 1 (06:07):
Italian Americans could be very acceptable, but I could have.
I did get pulled over one time and I felt
like the police officer in Oklahoma was stereotyping me for
being an Italian American because of my car and dress.
I didn't get out of the ticket, but anyway, So
but the point is, it's, you know, what they feel,

(06:31):
So it doesn't have anything to do with really, ultimately
the reality of whether or not they are tolerated or
are accepted or a clear, definitive understanding of validation and
if they should even expect such a thing. One of
the things that's pretty easy to see is something that
we've talked about now. I talked about it admittedly anecdotally.

(06:54):
I just watched gen zers grow up before my eyes
and we were like the cool house to hang. So
I wasn't just observing my kids raised by me, but
the house was always filled with other friends. And I
don't talk, I don't preach, I listen. And what I
observed is a generation that rejects this notion that there

(07:16):
is no right or wrong and the craziness it can
lead to. If you asked me my observation, I think
it was long before COVID, but COVID was certainly a
final straw, and the other would be the transgendered movement.
In fact, I would tell you, and it wouldn't necessarily

(07:38):
be my shared biblical view, but I can tell you
this generation has no problem with gay and lesbian at all,
probably not even validating. They have a big problem with
the fluid or transgender or to its ultimate degree, boys

(08:00):
competing against girls in sports that just lost them. That
was just woke too far. So our curiosity was in
this pupul Would we be seeing that now? As I mentioned,
words matter not so much in our culture anymore. And
I don't know what each individual that took the survey

(08:22):
makes of these words. But tolerance, for example, which is
what the LGBT was searching for, really gay and lesbian first,
before the t and the queue. They were wanting tolerance,
and by the way, tolerance can be biblically afforded as well.

(08:46):
That's the ability or willingness to tolerate something, in particular,
the existence of opinions or behaviors that does not necessarily
agree with your own. That's legitimate, and that's a two
way street. Just as I can tolerate gays and lesbians,

(09:06):
they have to tolerate my biblical view on God's view
of that behavior. And I always say this just and
it's not a disclaimer. I focus all my time on
my sins, not other people's. It's only when you force
me to make a declaration. I'm going to choose God's

(09:27):
word over what I feel, because that's the source of truth,
and that's the living word of God, and that's my worldview.
And I spend my entire life getting all my sinful
nature to comply with that word. I don't think it's

(09:49):
easy for everyone else's sins that are different than ours
to be more offensive than our own. I'm always most
offended of my own, and I'm very busy cleaning up
my own internal walk, I assure you, But in the
context of this conversation, that's tolerance. So what's acceptance? Probably

(10:10):
the one that translates the most of this survey is
the action or process of being received as adequate or suitable,
typically to be admitted into a group. So they're wanting
to know if they're accepted, But I think that acceptance
is based on their demands individually or maybe even anecdotally

(10:31):
and experiential in their life. And then the last one
is validation, and that's the victory of affirmation and recognition
as valid and worthwhile. So I have said from the
very beginning, where is the LGBTQ going to go? It

(10:53):
achieved tolerance, it even achieved acceptance, but it still wasn't happy.
It kept adding letters and demanding more, and I kept
saying out loud, what's the endgame of this? Because you're
gonna end up going too far? And it would appear
they did with fluidity and transgendered. But let's go through

(11:15):
some of these numbers, and again I say, the whole
thing is almost worthless because who could possibly know what
each individual views tolerance as acceptances and validation as. But
in June of this year, it's ten years since the
Supreme Court ruled in Oberfell and Hodges. So same sex
marriage is the law of the land. It really doesn't

(11:37):
matter how anybody feels about it, and you can have
strong feelings about how they arrived at that law as flawed,
but it is now. The question is is that enough
to make them feel it? I guess for the purposes
of this survey, a decision which represented a major change
in US family law reflected shifting public opinion on same

(12:00):
sex marriage.

Speaker 3 (12:02):
Shouldn't have had anything to do with opinions, but in two.

Speaker 1 (12:05):
Thousand and four, thirty one percent of Americans supported it,
sixty percent opposed it. A decade later, fifty five percent
supported it, thirty nine percent opposed it. What changed other
than the narrative and a generation of indoctrination and socialization.
In twenty twenty three, sixty three percent of Americans expressed

(12:25):
support for same sex marriage. So it continues to grow.
If you go in a two decade long timeframe, it
doubled from thirty one to sixty three percent. The survey
finds some sense of social progress as well as a
feeling that acceptance will continue to grow, but it also

(12:46):
highlighted experiences with discrimination, especially among transgendered adults.

Speaker 3 (12:50):
Here's where we get to the disparity, and here's the chart.

Speaker 1 (12:54):
First, talking to gays and lesbians, do you feel social
acceptance towards you in this country? Sixty one percent said
a great deal or fair amount. Only eight percent said
not much or not at all. So in terms of
acceptance and tolerance, they're there. Bisexual believe it or not,

(13:20):
fifty two percent a great deal or a fair amount,
only ten percent not at all. Now you get to
non binary and it falls to fourteen percent, with forty
four percent not much at all, and transgender thirteen percent
and fifty two percent not much at all. That's a

(13:50):
significant line now for the LGBTQ community, And if they
continue to try to win on the hill of biological
men competing against women in sports, could be a loser.
If they continue to try to win on the hill
of getting drag queens into elementary.

Speaker 3 (14:09):
Schools, I think they're going to lose.

Speaker 1 (14:12):
The science is very unfavorable for them in terms of
I think, and I'm just going by photographic memory, but
it's something like ninety eight percent of all gender confusion
resolves itself by the end of puberty. But what percentage

(14:34):
have already had procedures or taken medical medications to alter
permanent damage for a temporary confusion. That's a big issue here.
So at some point, you know, we always talk about

(14:55):
what goes too far. I can tell you for my kids,
they just not you know, they just don't go there.
And then there's one that thought he was a dog.
He literally would eat out of a dog bowl. The
family's at the kitchen table. But what we see in
this survey that I think is somewhat of a takeaway

(15:17):
is what they achieved in a remarkable amount of time
one decade, two decades to convert America to acceptance of homosexuality, lesbianism,
and bisexuality, and how little ground they've made on the
transgendered movement. They probably think they can do it in
a decade. All indications from Daily News is they fought

(15:40):
on all the wrong hills and that seemed to be
the moral line for America or is the holding moral
line and a moral relativist America. Hey listen, I'm losing
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Speaker 2 (17:09):
I'm Daniel Cologny and Tampa and my morning show is
Your Morning Show with Michael del joram.

Speaker 5 (17:20):
Hi.

Speaker 3 (17:20):
It's Michael.

Speaker 1 (17:21):
Your Morning Show can be heard on great radio stations
across the country like News Talk ninety two point one
and six hundred WREC in Memphis, Tennessee, or thirteen hundred
The Patriot in Tulsa or Talk six fifty KSTE in Sacramento, California.
We invite you to listen live while you're getting ready
in the morning. It did take us along for the
drive to work, but as we always say, better late
than never. Thanks for joining us for the podcast.

Speaker 3 (17:43):
This is Your Morning Show on Michael del Jurner Well.

Speaker 1 (17:45):
China's pushing back on the White House claims that it
broke the Geneva trade agreement. More on that with White
House correspondent John Decker. FBI says Mohammed Salomon planned the
attack and Boulder for over a year and says he would.

Speaker 3 (17:57):
Do it again. Sounds like to me and John Fetterman.

Speaker 1 (18:04):
Turns out the guy in the sweatpants and hoodies is
the only sensible Democrat, he says. Their handling of the
border was a big mistake of the Biden administration and
the Stanley Cup Finals can underweight tonight. It's a rematch
from last year in Edmonton, the Oilers and the Panthers.
Duh to I Believe Dover Delaware and Jared we Go.

Speaker 3 (18:27):
Good Morning, Michael.

Speaker 6 (18:28):
With Fetterman's comments and the fact that the Democrats have
been doing studies on how to talk to men, do
you think there's any correlation between the two and he's
being used to test the waters well on talking points.

Speaker 1 (18:44):
That's a great question. This is a shameless plug for
the podcast. We covered this in the Platinum or, by
the way, we call it a Platinum Our because if
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Those are the moms that are up early, praying and
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(19:06):
and shakers starting their day, especially on the West Coast
where you guys do it at two, three o'clock in
the morning.

Speaker 3 (19:12):
But we covered this.

Speaker 1 (19:13):
I don't think this has anything to do with the
how to speak to men, which is just a blind
ignorance to the problem that the Democrats really have, which
is a worldview problem, a policy view problem, not a
word problem. But I do think and this is what
we talked about. The Democrats would like to turn the page.

(19:34):
That's the first step they need to do. They need
you to forget about Joe Biden, forget about Kamala Harris,
forget about a cover up in a fake presidency, forget
about a border disaster or a Ukraine disaster.

Speaker 3 (19:49):
But they can't do it.

Speaker 1 (19:50):
Why because Tim Wallas won't go away, Kamala Harris won't
go away, Joe himself won't go away, and they may
all be back to run for president in twenty twenty eight.

Speaker 3 (20:00):
That's the problem they really have.

Speaker 1 (20:01):
What we see is same thing we've seen that they
don't have a different playbook. The Democrat voters would have
nominated Bernie Sanders in twenty sixteen to be their nominee
for president of the United States, and they would have
done so again in twenty twenty. Was a DNC that
had to get involved to steer it to Hillary and

(20:22):
steer it to Joe and then later hand it off
to Kamala. So what's going to happen this time? Well, Joe,
not Joe, Bernie because of his age handed the torch dooc.
AOC is the leader of the Socialist Justice Democrats and
therefore the leading constituent leader of the Democrat Party, and

(20:46):
no other leader has.

Speaker 3 (20:47):
Emerged yet nor message.

Speaker 1 (20:51):
You have Ronnie Manuel choosing to discuss we need to
stop worrying about the bathrooms and start focusing on the classrooms.
Woke too far. And then you've got Fetterman talking about
the border was a mistake. That's a pivot, that's a
turning of a page, attempt for the remainder of the

(21:15):
party that isn't on the socialist side of their party war.

Speaker 3 (21:22):
That's a little.

Speaker 1 (21:22):
Different than let's eat some caveat in the San Francisco
hotel and try to figure out how to talk to men.

Speaker 4 (21:28):
All right, everybody, Look, you've just got to try harder
not to su the opportunity for a brief civics lesson.

Speaker 2 (21:35):
Sure, perhaps you'd like to be alone with deteriorating mental condition.

Speaker 1 (21:41):
Politics, I don't know us always revealing, often entertaining. It's
time for your Sounds of the Day on this Tuesday,
June the third, you have our Lord twenty twenty five,
and we start with the cultural chaos that was naturally
birthed from abandonment of absolute truth, abandonment of right or
wrong for moral relativism, I do think Red would want

(22:05):
me to include government greed, which is to say, never
mind blank number of gamblers become problem gamblers and lose everything.
Never mind blank number of gamblers become pathological gamblers and
don't just lose everything, they start stealing from others to

(22:28):
fund their addiction. Never mind the crime that is associated
with all of this. Let's legalize gaming, Let's get our percentage.
Never mind, smoking is smoking right. When I was a kid,

(22:50):
if you got caught smoking cigarettes, you gotta I'm disappointed
from mom. If you got out smoking marijuana, you might
have been in the back seat of a police car,
and it was viewed much differently. In fact, sensibly and

(23:11):
lost in the entire conversation is it's a gateway drug,
and you start there and then you start chasing bigger
highs and more dangerous substances. Nobody even discusses that anymore. Now,
if you smoke, you're a loser, you're a pariah, you're

(23:34):
you're the scourge of society. But if you smoke pot,
you're okay. Whether you're rolling it and smoking it, whether
you're vaping it or gummying it. Problem, it's just as
bad for you as smoking. So is it government greed?

(23:59):
Is it moral relativism gone a muck? Let's start with
the science, right, and doctor Mark Siegel.

Speaker 7 (24:12):
And of course, this study was done in California. University
of California, San Francisco, a great institution, looked at what
happens to your arteries, what happens to your blood vessels
when you smoke potter or even if you eat edibles,
and it found it stiffens your blood vessels, the inner
lining of it, increasing your risk for heart attack, stroke

(24:33):
and heart and high blood person And we already knew
that if you smoke pot regularly, and we're talking about
sixty million people in this country smoking it regularly or
using edibles regularly, have a problem with behavior, have a
problem with thinking, have a problem with test scores, have
a problem with their lungs because it's toxic to the lungs.
But guess what it does to your blood vessels the
same thing as cigarette smoke does. So if you think, oh,

(24:54):
I'm not going to smoke cigarettes, but I can smoke
pot regularly.

Speaker 1 (24:57):
Do it just as much damage. I'm mean, that shouldn't
be news to anyone. Oh drunk driving, that's terrible. Stone driving,
Oh that's great. I did have an incident freshman year,
getting a ride home with a pothead where we went
eighty miles an hour into a parked truck, and I

(25:18):
can tell you it's no laughing matter. We always love Harryeton,
probably because CNN spends twenty three hours and fifty minutes
a day discussing their fictitious narrative, but then for five
minutes every now and then, Harry comes on to share reality.

(25:39):
He did it throughout the campaign. He was showing them
how they were going to lose, but they wouldn't listen.
He shows them how they're losing every day, but they
still don't listen. And then, because they're stuck in a
bubble living by a false narrative, watch their shock when
they see the numbers. In other words, the Democrat Party
has lost touch with the America people, not just the

(26:01):
working class, the American people, as has their mouthpiece, the
mainstream media. So whenever Harry comes along, with some real numbers.
We love to watch the shock on their face when
reality meets ignorance.

Speaker 8 (26:13):
And you would think, after all of the waves KP.
Paul went after the last few months, the first five
months of the Donald Trump presidency, right of the first
four months of the Donald Trump presidency, that you expect
that Democrats are have this massive lead on the economy.
It ain't so. It ain't so the party that is
closest to your economic views. And no, remember of twenty
twenty three, it was the Republicans by eleven points. Now
it's still within that range, still within that margin, umber

(26:36):
plus eight point advantage for the Republican Party.

Speaker 3 (26:39):
How is that possible? Democrats? How is that possible?

Speaker 8 (26:42):
After all the recession, Because after the stock market's been
doing all of this, after all the towersts that Americans
are against, being.

Speaker 1 (26:48):
The stock market that went down but has recovered, the
inflation that's down, the energy prices that are down.

Speaker 3 (26:55):
See, sometimes even Harry can't keep his eye on the ball.

Speaker 8 (26:57):
Republicans still hold an eight point lead on the economy.

Speaker 3 (27:00):
Are you kidding me?

Speaker 5 (27:01):
This is a CNN this is new CNN polling.

Speaker 9 (27:03):
How is that?

Speaker 10 (27:04):
When we look for trends how is that trending with
other data that you're pulling on.

Speaker 8 (27:08):
Yeah, if it was just this one CNN poll, that
would be one thing. But take a look at Reuter's ipsos.
What do we see here, Party with a better Economic plan? Well,
it may have twenty twenty four, just before Donald Trump
was re elected president, Republicans had a nine point advantage.
Look at where we are now, it may have twenty
twenty five. The advantage actually went up by three point.

Speaker 3 (27:28):
Cool figure.

Speaker 1 (27:29):
So the CNN poll was lowered because it's biased.

Speaker 3 (27:34):
I wonder where this.

Speaker 1 (27:35):
Is headed in terms of, you know, the middle class.

Speaker 8 (27:39):
You know, historically speaking, which is the party of the
middle class has been a huge advantage for Democrats. I
have pulling from NBC going all the way back since
nineteen eighty nine, when Democrats had a twenty three point advantage,
twenty sixteen, seventeen point advantage.

Speaker 3 (27:51):
But by this.

Speaker 8 (27:52):
Decade we already started seeing declines. Back in twenty twenty two,
where you saw that Democrats led but only by four points,
well within the margin of error. And now in our
latest CNM pull among registered voters, which is the party
of the middle class, it is tied. This I think
speaks to Democratic ells more than anything else. They have
traditionally been the party of the middle class.

Speaker 3 (28:11):
No more.

Speaker 8 (28:11):
Donald Trump and the Republican Party have taken that mantle away,
and now a key advantage for Democrats historically has gone
Audio somigos, and now there is no party that is
the party of the middle class.

Speaker 3 (28:20):
Republicans have completely closed.

Speaker 1 (28:22):
Now, now, lest you get myopic and narrativised, this is
Donald Trump. I don't know that I would conflate that
with the Republican Party. We don't know what America's view
of the Republican Party is. Once Donald Trump is gone
all hinges and how he successfully and seamlessly hands it

(28:43):
off probably to Jade Vance and Marco Rubio. Speaking of
narratives over reality. To face the nation, we go and
Treasury Secretary Scott Pissent and his visit with CBS's Margaret Brennan.
Listen before consumers, the reality is there will either be

(29:05):
less inventory where things at higher prices, or both.

Speaker 11 (29:08):
When we are here in March, he said there's going
to be a big inflation. There hasn't been any inflation. Actually,
the inflation numbers are the best in four years, So
why don't we stop trying to say this could happen,
wait and see what does happen?

Speaker 3 (29:23):
That was an end to that.

Speaker 1 (29:27):
Always loved to visit Scott Jennings and his CNN panel
and sounds the day. And the question is pretty simple.
Now that Elon Musk has gone, is he really leaving
for good?

Speaker 3 (29:40):
I don't think he's gone at all.

Speaker 10 (29:41):
I think he has this great interest of what I
interviewed him recently from my book that I'm writing a
revolution of common sense pre order, and it will be
I might be a mediocre author, but I'll be amazing
at marketing, I'll say.

Speaker 3 (29:54):
But he told me, I said why are you here?

Speaker 10 (29:56):
And he said, I'm trying to figure out a way
to keep him married from going bankrupt. And that was
his answer to me. He is this passion for the
belief that we need to spend less, get our fiscal
house in order, and he's looking for people in Washington
who want to do it. And so I think he
might be leaving a little disappointment in some politicians that
he met in Washington. But I don't think the zeal
is gone because he knows cutting spending and restoring fiscal

(30:18):
stand in the United States is important. So I expect
him to continue to be around and I expect him
to continue to look for politicians who want to help him.
There may not be as many as he wants, but
maybe some will come along.

Speaker 1 (30:28):
Yeah, there's been a lot of emphasis on fair trade deals.
There's been a lot of emphasis on tax cuts. Whose
money it really is and money taxes money out of
the economy. What we haven't seen yet. And this is
an ongoing problem we have with the two party system.

(30:50):
Both parties are the problem when it comes to debt,
and I think Elon found that out the hard way.
Well close with Eric Swalwell, who used to be most
famous for a loud flagellation during an interview, He'll probably
be most famous for this taco.

Speaker 10 (31:03):
Now, hey, Congresson, I'm trying to help you up with
Trump always chickening.

Speaker 1 (31:10):
Out on tariffs, and now he reaches for the taco
and just starts eating it. This is the Democrats without
a leader, without a message, trying to troll the president,
the king of all trolley, leaving them people.

Speaker 2 (31:36):
Who majored in online activism with a minor and puberty box.

Speaker 1 (31:40):
The're going a little bit any of you in the
media clearly missed the art of the deal just before
it's going to work out.

Speaker 3 (31:48):
This is Your Morning Show with Michael Del Trono.

Speaker 1 (31:53):
The FBI says Mohammed saw him on planned the attacks
and Boulder for over a year and says.

Speaker 3 (31:58):
He would do it again.

Speaker 1 (32:00):
Uns like Cagie hot as terrorist to me, how do
you get in the country? How we lose track of them? Meanwhile,
China is pushing back on the White House claims that
it broke the Geneva trade agreement. This is President Trump
is planning to speak with Chinese President she this week
in hopes of easing tensions and getting on to a
trade agreement. Wishful thinking is this? White House correspondent John

(32:21):
Decker joins us. Good morning, John, Good morning to you.

Speaker 5 (32:25):
I hope you're doing well today.

Speaker 9 (32:26):
Right that phone call could happen as early as today
and really is just the way you described it, Michael.
That's to get the trade relationship between the US and
China back on track. To get trade negotiations between the
US and China back on track, because they're not in
a good place right now.

Speaker 3 (32:43):
The President is accused.

Speaker 9 (32:45):
On Friday on social media China of breaching that agreement
that was reached in Geneva, Switzerland a few weeks ago.

Speaker 3 (32:52):
China denies that.

Speaker 9 (32:53):
They put out a statement yesterday denying that, and so
the relationship clearly is not in a good place right now.

Speaker 1 (33:00):
So, you know, kind of like with Ukraine and Russia,
Zelinski saying, I'm not stopping my offensive in my attacks
unless Russia stops and halts it's offensives. While they're fighting
over that, obviously, nobody's talking about peace. So as they're
fighting over the Geneva trade agreement, how are we ever
going to get onto a trade agreement with Jena?

Speaker 5 (33:22):
Very good question.

Speaker 9 (33:24):
As things stand right now, there are.

Speaker 5 (33:27):
No next trade negotiations.

Speaker 3 (33:30):
That are lined up to follow up on the.

Speaker 5 (33:33):
Contours of the trade agreement that was reached in Geneva.
That trade agreement lowered the tariff rates on US goods
going into China considerably, and also Chinese goods had their
tariff rates lowered considerably from what.

Speaker 3 (33:48):
Was placed upon them by President Trump.

Speaker 9 (33:49):
But this is why this meeting is so important, and
both countries, both the US and China, will issue readouts
of the phone call.

Speaker 5 (33:57):
And will be interesting to see how each country perceives
the phone call after it takes place.

Speaker 1 (34:02):
Yeah, and I had an old youth pastor used to
always get us to try to view things as good
to better and best. I guess good would be at
least keep the temporary agreement and tack better. It would
be resolved this difference with Europe, and best, of course
is get a trade agreement. Because we learned from the
FED chairman yesterday, this is still the main source of uncertainty.

(34:26):
Are these Chinese tariffs going to be ten percent or
one hundred and forty percent? That's a big difference.

Speaker 5 (34:33):
Well, it's a big difference. And the reason why the
FED chair said that is because when you're talking about
the US and China, we're talking about the world's two
largest economies, and it just creates so much uncertainty for
financial markets. And that leads to the volatility that we've
seen in financial markets since.

Speaker 3 (34:51):
The very beginning of the year.

Speaker 5 (34:52):
You know that happens, it seems week in and week out,
and that is not something that is good for planning.

Speaker 3 (34:59):
For businesses.

Speaker 5 (35:00):
They like to know what the tarifforid is going to
be for their goods six months from now, one year
from now, five years from now, and they can't do
that planning right now.

Speaker 1 (35:08):
We need some of that art of the deal magic,
and it could be as soon as today. White House
correspondent John Decker, thanks so much for your time.

Speaker 3 (35:16):
We're all in this together. This is your Morning Show
with Michael, vindheld Jo and now
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