June 26, 2024 • 34 mins
Debate firsts and keys to victory
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Speaker 1 (00:00):
Hey, it's me Michael. Your morning show can be heard
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Speaker 2 (00:14):
Well two three starting your morning off right.
Speaker 3 (00:19):
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Speaker 1 (00:28):
With Michael Bill Join I forget. If you miss any
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podcast section of your iHeart app. Well, good morning. It's
(00:51):
seven minutes after the hour. For some of us, we
moved on to Red Bull. You're probably enjoying your first
cup of coffee and waking up. Here's what you need
to know. President Trump could announce VP pick as early
as this week. The Squad is minus one. New York's
Social Democrat Jamal Bowman went down last night in the
sixteenth district in his primary to George Latimer. Supreme Court
(01:11):
should start issuing more opinions starting this week, and there's
nothing but baseball in sports except for the NBA Draft
tonight in Brooklyn, where the Atlanta Hawks, and boy do
they need it, have the first overall pick. Let's talk
about the debate. We're about thirty six hours away. We
said earlier, I think it's going to be a record
Nielsen rating for this debate. There's just not much else
(01:31):
going on, and everybody is dying to see this. There's
a lot on the line for Trump, there's a lot
on the line for Biden, there's a lot on the
line for CNN. And there's a lot of firsts. It's
going to be the first since the Kennedy Nixon, first
ever presidential debate to have no voters present, the first
presidential debate before we even had the conventions to officially
(01:54):
nominate them, first since nineteen eighty eight, not sponsored by
the Commission on Presidential Debates, first with a president sitting
versus an ex president, and two of the oldest to
ever run against each other in a presidential election. That's
a lot of firsts. Republican consultant analyst Chris Walker is
(02:14):
joining us Chris, which had done one of those first
Do you think might be the most I don't know,
impactful heading into tomorrow night?
Speaker 2 (02:24):
Good morning, Michael. You know, I think you raised a
good question. I think I think the fact that it's
a summer I think your point on it on nothing
else really being on. I mean, in the fall, there's
so much more, you know, to do, and people are busy,
but this is still kind of vacation season and all
the other things going on. I think it would be
(02:44):
very interesting just because it's a new timeframe and a
different type of debate than the normal. And I think
that's that's the new that's going to be the most
interesting and impactful system the sense that it's not a
Commision for presidence of debates, and you know, people are
going to I kind of tune in to see how
bias CNN is, at least on the Republican side of
the aisle. They want to see if Jake Tapper and
(03:05):
Dana Bash are as bad as we kind of think
they are going to be.
Speaker 1 (03:10):
Oh, they'll live up. You know, they held you know,
Biden's held up holed up in Camp David, preparing for
a week resting. Maybe they're getting the cocktail ready to inject.
I don't know, they're trying to get him. Do you
know condition himself to stand for ninety minutes for Donald
Trump business as usual hosting rallies. Any chance he's not
(03:30):
taking Biden seriously enough?
Speaker 2 (03:35):
That's a good question. And I think what you're seeing
from a lot of the you know, Trump, you know,
campaign apparatus and surrogates are kind of a repositioning on
trying to not necessarily lower expectations on Biden too much,
which I think is smart. But you know, everyone's kind
of wearing their jersey on this one. If they if you,
(03:55):
if your priors are you think Biden's the worst president
we've had and where I kind of send the land,
then you're going to kind of see what you want
to see in the debate. If you think Trump's the
worst things ever happened in the country, You're going to
see what you want to seek your Biden anyway. So
in a way, I think the expectations game that's being
played by the candidates and the campaigns kind of don't
(04:16):
matter as much because everyone has their opinion pretty much
made up on both these candidates already. There's not a
known quantity here the first time both president and former
president are running against each other in the modern era,
everyone has an opinion. It's just a matter of kind
of seeing how it shakes out, and it kind of
reconferves your priors or not.
Speaker 1 (04:32):
Chris Walker is an analyst and a consultant for the
Republican Party. The GOP joins us every Wednesday Tomorrow, or
thirty six hours away from the first presidential debate. Heading
into it, we talk about overall generic polling and Donald
Trump is up one percentage point. That's certainly within the
margin of error. But we all know all fifty states
are not going to let the next president. The battleground
(04:52):
states are. That's a different story. Donald Trump leads by
five point six percent in Arizona, four percent in Georgia,
four percent in Nevada, five point eight percent in North Carolina,
two point eight percent in Pennsylvania. We don't even get
to Wisconsin and others. Michigan very close zero point two percent,
(05:15):
but that's how it was when he won it in
twenty sixteen, and that's how it was when he lost
it in twenty twenty. But for the battleground states, things
look good. Would it be wrong for Donald Trump to
not look at this and say, well, why are we
doing so well? I think he can't lose bringing up
how he's been persecuted through lawfare. I don't think he
can lose by bringing up people's perception that things were
(05:36):
better from an energy standpoint, from an inflation standpoint, even
though he's responsible for some of the COVID legislation that
shut the government down, but that there were better times
four years ago. Is that such an obvious strategy for
him that he could miss it?
Speaker 2 (05:53):
Yeah, you know, it's really interesting you say that about
the lawfair thing.
Speaker 1 (05:58):
He will.
Speaker 2 (05:59):
I don't think he's going to have to bring it
up because I think what we're going to see from
Tapper and Dana Bash by question right right exactly. But
I think Dana Bash they'll mention every kind of CD
detail from the from the from the trial to try
(06:19):
to embarrass him. I mean, that will be the question.
They'll They'll ask him, you know you did this. They'll
say adultery, they'll say Monday laundry, they'll say all of
these negative things in a way to say, why should
the America re elect you again? You know, and that
will be the premise of the of the question to him.
So I guarantee you CNN will bring it up before
even he has to, and I think you'll have a
good answer to that, just because everyone sees the injustice
(06:42):
that's happening when Andrew Cuomo is saying it's an injustice,
you know, something on the wrong side here.
Speaker 1 (06:48):
All right, So breaking it down and giving you free
reign to speak open ended, what are the keys to
victory in this debate for Donald Trump? And what would
be the biggest mistakes he could make that could create
the feat.
Speaker 2 (07:03):
The keys to him is to lay out in solid detail,
which I think he'll be able to do fairly easily,
the failures of the of the three and a half
years of the Biden administration, starting with the American Recovery Act,
all the way through the Afghanistan withdrawal to the you know,
terminal of the Middle East, to inflation, to you know,
the obsession on this transgenderis show. I don't know if
(07:26):
you saw the story over this morning about the Biden administration,
you know, kind of quietly trying to lower the age
for transition, transition for minors, you know. The radical left
overtaking of his administration and all of the things that
they've done because of it, I think will.
Speaker 1 (07:40):
Be a win for Trump.
Speaker 2 (07:42):
What he what I think he needs to avoid is
overreacting to debate that will be surely thrown to him
to try to get him to, you know, kind of
have a moment of being interrupting or doing whatever. I
just don't think he'll do that. He's he knows, he
knows what he can, he knows what he wants to do.
He has clarity of purpose for a second term. Ironically,
(08:04):
by the way, Biden does not have that, and I
think that will be a clear indicator and a big
The contrast would be real. That's what Trump needs to win, I.
Speaker 1 (08:13):
Would say, whether CNN gives him the setup or not.
You can't pound away enough on Israel, you can't pound
away enough on the border, you can't pound away enough
on the economy. All right, do is in dontes for Biden?
Speaker 2 (08:26):
Don't you know?
Speaker 1 (08:27):
For Biden?
Speaker 2 (08:29):
You know, don't don't. For the smugness of your antipathy
towards Trump, should not come through. You know, the I
think people kind of underestimate and of course he wanted
twenty twenty, but you know, people underestimate how derisive he
was towards Trump throughout the debate and acting like he
was better than him. I don't think that's like possible
(08:50):
this time, and so I think he's got to he's
got to like be a president and not a partisan.
That's where I think he can actually be better than
what he is being seen to be right now. Frankly, again,
I hate the lower expectations for him too much, but
he needs to not play into the character of being
(09:12):
this old guy that suffered from dementia. Like he's got
to be clear and concise and you know, have a
vision which he just has not been able to cast.
Speaker 1 (09:19):
So, yeah, that's gonna be a challenge. I think it's
gonna be a challenge. And a lot of people joke, well,
he gass when he has a teleprompter. Yeah, but there's
no teleprompter, there's no coaching. Uh, he's gonna have set
time to make a point, which you know, he's not
the kind of guy like Donald Trump. By the way,
this is a challenge for Donald Trump, who's used to
(09:40):
it rallies just going and going free thought and then thought,
stumble on key points. He's gonna have to get to
his key point. That's gonna be a challenge for him.
But for Joe Biden, it is a you know, I
know that they did everything to try to help him
taking away and I am thoroughly convinced. And I'll just
say this in full disclosure. I'm thoroughly convinced because you know,
he's either late stages dementia or early onset Alzheimer's, whatever,
(10:06):
whichever it is, it all amounts to the same thing.
He can't have loud noises, he can't have lights, he
can't have crowds of people shouting. So that's why they're
returning to the Kennedy Nixon style in a studio silent
and quiet. But the problem is it's going to be quiet.
That's not going to give him much to build his
energy on. He's not going to have a teleprompter that's
(10:27):
going to make the proclivity for him to lose his
train of thought greater. And I don't care what anybody says,
standing for ninety minutes is going to be a challenge
for him. It's not going to be easy when you're
in his state, because we haven't been gaslighted. He's old
and not all eighty one year olds are the same,
and his has some cognitive impairment, and all it's going
(10:48):
to take is one big going blank and for half
of America, that's the only sound bites you're going to
hear in the next day. That's a lot of pressure,
and pressure can create those moments. Yeah, I think for him,
I'm not looking frail, not looking old, not losing his
train of thought is priority number one. Priority number two
is the real challenge. How do you spin Israel? How
do you spin the border, how do you spin the economy?
(11:10):
And we did something interesting with Aaron Reyale earlier and
it's called vibe session because we're not, by any criteria
in a recession, but it sure feels like one. And
if you don't own a home and you're paying high
rent and you don't have any assets that are appreciating
at a great value, there's nothing but twenty five percent
increases in costs and stagnant wages that aren't keeping up
(11:31):
and debt piling up. So there is vibe session that
he is presiding over as an incumbent, there is a
border invasion and crisis that he created with ninety two
executive orders, and he can't win for losing on Israel
because if he takes sides with Israel, that harms him
with the far left of his party, and if he
stands too strong with Israel, he'll lose the far left.
(11:54):
So he's got a Joe. Biden's got the roughest night ahead.
Speaker 2 (12:00):
The third question, you know, Biden has to make the
case on why he should be rehired for this job.
He's not made that case at all to anyone yet
except that Donald Trump is bad. You know, He's obviously
not qualified for any other job in this country, it seems,
except for president. So he's going to have to think
the case of what he's doing and I think, you know,
(12:20):
figuring out what his plane is for a second term.
It can't be continuing what he's doing or is going
to lose. So that's he's going to have to make
some of that work.
Speaker 1 (12:29):
That's the toughest part of the equation because there's a
number that really matters for an incumbent. His disapproval rating
is at minus fifteen point two. That's a mountain with
months to go, and those that believe we're heading in
the wrong direction is minus thirty nine percent, So four
and ten Americans more than the rest think we're heading
in the wrong direction, and they blame the president with
(12:50):
a minus fifteen approval rating. That's pretty tough to overcome
at any age, let alone eighty one. Chris, I always
appreciate it. Have a great week. We'll talk again next Wednesday.
And actually I do something a little different post debate.
Friday morning might have you back if we can, I
think condition Thursday, I'll have you over. We could do
that too. Thanks for joining us, Chris Walker, All Things
(13:13):
Republican consultant and analysts. This is your morning show with
Michael Deltona, a show that belongs to you, and I'm
your host, Michael del Jonal. Thanks for waking up with this.
You know, there's this great scene in The Rookie and
Dennis Quad's character walks into one of the other players
before a baseball game and says, guess what we get
to do today? The guy goes, what we get to
(13:35):
play baseball? Right? Guess what we get to do today?
We'll get to live, right, we need to live. Wednesday,
June the twenty sixth, twenty twenty four. One chance to
live it, one chance to make it count, one chance
to understand it and to help. It's time for your
Top five day. And I know, Jeffrey what I gotta
(13:55):
be quick. We only got three minutes. Robert F. Kennedy
Junior believes Donald Trump's to win the upcoming debate tomorrow.
Mark Mayfield has more.
Speaker 4 (14:03):
On Tuesday, an interview was released where Kennedy said he
doesn't think it's possible for President Biden to beat Trump
in that debate. He also claimed Trump is the greatest
debater in modern American history. Kennedy, who's running as an
independent candidate, recently expressed frustration that he wasn't allowed on
the debate stage with Biden and Trump, claiming that CNN
illegally worked with the other candidates to exclude him. The
(14:26):
presidential debate is scheduled for Thursday night in Atlanta. I'm
Mark Mayfield.
Speaker 1 (14:30):
All gentlemen, no ladies first, right, especially when it comes
to tomorrow night's debate. Brian Shook has more.
Speaker 5 (14:37):
Road to the White House twenty twenty four. The first
presidential debate is tomorrow, and both candidates are focusing on
women's issues.
Speaker 6 (14:45):
There is an effort by Democrats to try to win
over some women who normally vote Republican, but because of
the issue of abortion, may be open.
Speaker 7 (14:55):
To being convinced to vote for Joe Biden.
Speaker 5 (14:57):
Rice Political analyst Mark Jones says that President Trump will
focus on the so called Save Women's Sports debate. Last week,
he vowed to roll back changes the Biden administration has
made to what is called Title nine.
Speaker 1 (15:10):
The New York Squad member has fallen. Therefore, the squad
is less, one less player. Andrew Whitman has the recap
of last night's election in New York.
Speaker 8 (15:19):
Democratic Westchester County executive George Latimer, scoring the biggest win
of New York's primary election. He easily defeated incumbent Jamal Bowman,
who was backed by Bernie Sanders and AOC. Bowman was
critical of Israel following the October attack by hamas a
stance of likely cost Bowman with voters. AOC survived her
(15:40):
own primary challenge Tuesday, as did Manhattan freshman Dan Goldman.
Former CNN contributor John Avlon won his primary in Suffolk
County's first district. Avlon will take on Republican incumbent Nick
Lolota this fall. Andrew Whitman, NBC News Radio, New York.
Speaker 1 (15:56):
Jamal Bowman isn't the only one to bite the dust.
Several hooters these locations are biting the dust. Michael Casner reports.
Speaker 3 (16:03):
You got, but you might want to call first. The
company cited pressure from current market conditions.
Speaker 1 (16:11):
No list was provided, but.
Speaker 3 (16:12):
USA Today reports they found dozens of restaurants shuttered yesterday
in Florida, Texas, Kentucky, and Indiana. I'm Michael Castner.
Speaker 1 (16:22):
Well, there's not much but baseball between now and football season,
except for tonight the NBA Draft in Brooklyn. The Atlanta
Hawks have the first overall pick. Cardinal's postponed by Rainbow.
Play twoed against the Braves today, Raised one, Guardians one,
Dbacks one, NAT's Rangers and Mariners loss. Hey, it's Michael
reminding you that your morning show can be heard live
each weekday morning five to eight Central, six to nine
(16:43):
Eastern in great cities like Nashville, Tennessee, two Below, Mississippi,
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 ever, We're grateful you're here. Now,
enjoy the podcast. This is your morning show. I'm Michael
del Jorona. I was doing birthdays moment ago and we
forgot one. Who's that The barcode the iconic rectangles of
(17:06):
thin parallel lines found at the bottom of products that
revolutionized everything from grocery shopping to healthcare. The bar code
is scanned more than ten billion times a day. The
bar code that some of you referred to as site
and the mark of the Beast is fifty years old. Today,
Aaron Rayal is joining us. You know, we had such
(17:27):
a great conversation early in the show plugged for the
podcast on your iHeart app. But we were talking about
vibe session that really applies to this. So we're getting
more homes on the market, but interest rates have not
gone down. If anything, they might creep up. So you
have the interest rates still in place, the high cost
of homes, even though there's more on the market. Really
(17:48):
isn't quite vibe whys or reality wise getting us very far?
Speaker 2 (17:52):
Is it?
Speaker 9 (17:53):
No? And now what I really get annoyed at these
like cutesy little terms that describe big problems because you're like,
this is not this is not a good descriptor, but
it is the term vibe session that's being used to
describe the disconnect between the economy's overall strength and then
the perceived weakness among the households. This is where the
issue lies, and the biggest issue is in housing.
Speaker 7 (18:16):
Housing.
Speaker 9 (18:16):
So housing, it's simple supply and demand, and we don't
have enough of it.
Speaker 7 (18:21):
We simply don't. The numbers are staggering, Michael.
Speaker 9 (18:24):
Home prices are forty seven percent higher than they were
in early twenty twenty, and the median sales price is
now five times the median household income.
Speaker 7 (18:34):
I'm going to.
Speaker 1 (18:34):
Rit so yeah, because first of all, it's not always
apples and oranges. You may come to the table at
blank age. I may come to the table at the
same blank age. I may have an old car that's
paid off. You may have a big car payment. I
may have no credit card debt. You may have a lot,
or could be the other way around. I'm guessing you're
more responsible to me. But the bottom line is, the
(18:55):
assumption is, if all things are equal and you're wondering
how how much home you can afford, Let's say you
make fifty thousand dollars a year, the old number used
to be four times that, so you could probably, assuming
you don't have other big debt, you can afford up
to a two hundred thousand dollars house. How many times
do we have this conversation thereon? Probablyuntil people are sick
of it. Wages have been stagnant, cost of living keeps
(19:18):
going up, and the wages aren't keeping up, and especially
in the sectors of housing. And we could do the
same numbers for rent which is even worse. You don't
even have an asset that's appreciating. It's just it's out
of whack. And so even if you've been living good,
it's unattainable.
Speaker 7 (19:33):
You're right. And for renders it's no better.
Speaker 9 (19:36):
You know, prices are still twenty six percent higher than
in twenty twenty. So half of all renting households, this
is apparently twenty two million people, they spend more than
thirty percent of their income on housing. That's kind of
what you were describing. You just need to block off
so much more that is considered a cost burden in
the eyes of the government, how they distinguish it. But
(19:56):
then twelve million of those twenty two million households they
spend more than how other income on rent. These are
not sustainable members. The bottom line is this is the
least affordable housing market in US history, both for homeowners
and both for renters. Because even if you're a homeowner,
your insurance premiums are up, They're up an average of
twenty one percent. Property taxes are up in likely rising.
(20:17):
So this is this is a simple supply and demand thing,
and you can trace it all the way back to
the eight financial crisis.
Speaker 7 (20:23):
We're still seeing the effects of that.
Speaker 9 (20:25):
It was so profound home builders had yet to totally
recover from eight when the pandemic hit.
Speaker 1 (20:32):
Well, I think the pandemic is the big line of
the sand are And I mean, and by the way,
I know talk radio tends to be very partisan, and
I plan to vote for Donald Trump, don't get me wrong,
but it was Donald Trump who got duped by Fauci.
It was Donald Trump that sold you the vaccine, and
it was Donald Trump that shut down the economy and
sent everybody home. And we just have never really recovered
from that. And then another big part of it is
(20:53):
supply and demand. And with this kind of scenario, housing
up forty seven percent, rent up nearly thirty percent, now
making up five times what our salaries can provide. That's
all made worse by if you're somebody prior to the pandemic.
(21:14):
I'm one whose home is locked in at two point
blank percent, and now my home value has tripled. I
ain't moving, and the more I don't move, the more
there's no inventory movement. So it really is I don't
know how. Look I love the term tangled because this
is a tangled mess, and I don't know how it
gets untangled, is the problem?
Speaker 9 (21:34):
Yeah, I don't think many people do. I was actually
speaking to another morning radio host earlier today. You cheat,
I know, I know, I know, aren't I a terrible person?
But he said an interesting thing. He's like, do you
think this is going to be We're going to have
profound repercussions whichever way this election goes in November? And
I thought about it for a minute. I love you
(21:54):
know your position on it, because I'm like, honestly, no,
I don't think it's a shattering. I think we've lived
through both of these as you just described. We've had
Trump as president, we've had Biden as president.
Speaker 7 (22:06):
I think we're gonna have.
Speaker 9 (22:06):
The same thing, just heightened under either administration, which it
doesn't matter which one. But we've already seen it. We've
already seen it to like think about bipartisan you like
it's it's more of the same of what we already know.
So no, I don't think it's earth shattering in that sense.
I think the geopolitical climate could make it earth shattering.
Speaker 7 (22:22):
I think the economy could make it.
Speaker 9 (22:24):
But I don't think these individuals are going to shake
anything up anything different than I know.
Speaker 1 (22:28):
Well, I would disagree a little bit. I mean, policy
does matter, see the border, policy does matter, tax cuts
versus tax increases. There's also this intangible and I know
you follow this a lot because you've covered the market.
There's a difference between, you know, uncertainty and confidence. Now
what do I mean by that? There is nothing more
(22:48):
damaging to an economy than uncertainty. Look, even if it's
bad news, or even if it's tax increases, it's certain
and a company knows how to react. Uncertain that keeps
you holding and waiting. That's what gets problematic. So I
think this election, if it goes Trump's way, could provide
some certainty, could provide some fixes at the border, and
(23:09):
could provide some tax fixes. And a lot to the
intangible of confidence that. But no, no one person is
a savior. Congress matters way more than the presidency and
some of these things like the housing crisis. Look, the
solution isn't even lowering interest rates, though it seems like it.
The solution is building and building fast, and not just
(23:32):
single family homes, multifamily living apartment complexes. This is what
is going to be necessary in order to impact this
because I don't think you're going to see people who
are sitting with two percent mortgages leaving that anytime soon.
And by the way, if the interest rates went way down,
that's not necessarily good for the long term economy either.
So this one needs to be solved I think by
(23:54):
people taking entrepreneur risk, creating small business, thus hiring more
more more people working burdened less by taxation, freeing up
disposable income and inventory. But I don't hear anybody saying it,
let alone doing it? Do you?
Speaker 5 (24:10):
No?
Speaker 1 (24:10):
I do not?
Speaker 7 (24:11):
And again, how do.
Speaker 1 (24:12):
I do compare to that other host you are cheating
on me with You're always the best?
Speaker 6 (24:18):
It's my job, girl, Listen, don't defense if I know
you cherish me most.
Speaker 7 (24:24):
But this is a big I cherish you.
Speaker 1 (24:26):
This is a big yeah problem. This is why I
love vibe session. This is a this is a cornerstone
of vibe session.
Speaker 9 (24:32):
It's a cornerstone of vibe session. And you, of all people,
would love a word like that. I just yes, this
is this is made for you. But I, like you said,
no one individual as a savior, and you know the
rebuttal to like, everyone's like, oh, but Biden, he's so terrible.
He's this Macavelian You're like, But at the same time,
he can't speak or think, and he's old and senile.
So if anything, it shows you that that who is
(24:54):
sitting in office really doesn't matter. The apparess around them
is going to operate regardless to who that person is.
And I think that, yes, you're right, policy matters and
how that plays out. But we both kind we know
kind of what policy we're going to get on either side.
Speaker 1 (25:11):
Yeah, but America needs to pick aside. And once it
picks aside, the uncertainty's gone, and then the certainty kicks
in and the policy creates an action. An action creates
a direction, a direction rise of to destination. And we've
certainly made I can trace everything that we battle to
bad policy that was really good political narrative and divided
America enough to be conquered, but certainly didn't solve the
(25:33):
problem or create prosperity or security for the American people.
But that's why I'm voting the way I'm voting. We'll
all watch a debate tomorrow and see how that shapes
the way everyone else is voting. Great reporting is always Aaron.
We'll talk again tomorrow if you're just waking up forty
five minutes after the hour, and here are the top
five stories out about that l RFK is not invited,
(25:55):
but he actually believes Donald Trump is going to win
the debate in thirty six hours. Mark Mayfield has that story.
Speaker 4 (26:00):
On Tuesday, an interview was released where Kennedy said he
doesn't think it's possible for President Biden to beat Trump
in that debate. He also claimed Trumps the greatest debater
in modern American history. Kennedy, who's running as an independent candidate,
recently expressed frustration that he wasn't allowed on the debate
stage with Biden and Trump, claiming that CNN illegally worked
(26:21):
with the other candidates to exclude him. The presidential debate
schedule for Thursday night in Atlanta. I'm Marknefield.
Speaker 1 (26:27):
Thanks to a New York primary, the squad is minus
one member. Andrew Whitman recaps.
Speaker 8 (26:32):
Democratic Westchester County Executive George Latimer scoring the biggest win
of New York's primary election. He easily defeated incumbent Jamal Bowman,
who was backed by Bernie Sanders and AOC. Bowman was
critical of Israel following the October attack by Hamas, a
stance that likely cost Bowman with voters. AOC survived her
(26:52):
own primary challenge Tuesday, as did Manhattan freshman Dan Goldman.
Former CNN contributor John Avlon won his prime I'm Maria
in Suffolk County's first district. Avlon will take on Republican
incumbent Nick Lolota this fall. Andrew Whitman, NBC News Radio,
New York.
Speaker 1 (27:09):
Yeah, Jamal Bowman, the fire alarm guy, the foulmouth guy. Yes,
the anti Israel eye problem guy. Gen Z, You're in debt,
a lot of it. Brian Shook is here.
Speaker 5 (27:23):
Among those living in the one hundred largest metropolitan areas,
the median percentage of gen Zers with debt is just
over ninety seven percent. The median non mortgage debt of
those gen zers is over sixteen grand. The analysis showed
that they were most likely to have credit card debt
than any other type, with nearly eighty one percent owing
(27:44):
money on a card. I'm Brian Shook.
Speaker 1 (27:46):
Hasn't been much good news for Joe Biden on the
polling front, but he finally got one that shows he
might be making headway with independent voters. Lisa Taylor has more.
Speaker 10 (27:54):
A recent NPR PBS News Marris Pool shows Biden leading
Trump fifty percent to forty eight percent mon independence. That's
a positive sign for Biden, who was trailing Trump forty
two percent to fifty four percent among independence last month
in a similar poll. The voting block is crucial for
both candidates and winning key battleground states. This November, Trump, however,
holds a one percentage point lead and a head to
(28:15):
head matchup among voters who say they will vote in
the general election. I only said Taylor, I don't know
if he's going to use his.
Speaker 1 (28:20):
Name or the symbol. The Trents, along with the Isisley Brothers,
among the thirty artists in the twenty twenty five Hollywood
Walk of Fame class, others from the music world, George Strait, Keith,
Urban Green Day, Henore's have until two years, up to
two years to set a date for their acceptance ceremony.
And in sports, we talked about the great drought we're in.
(28:43):
We're all just waiting for football season to begin. I mean,
other than baseball, nota league World Series. There is nothing
till football except for tonight the NBA Draft in Brooklyn,
where Atlanta has the first pick overall. Cardinals got rained
out yesterday in Saint Louis. They'll play two today against
the Braves, the Rays, the Mariner's eleven to three, Guardians Outslung,
the O's ten to eight, Dbax one five to four
(29:04):
over the Twins, Nats, Rangers, and Mariners all lost. And
birthdays today cyclist Greg LeMond. We think he did it
fair and square right. He didn't have any steroid cycle,
no scandals. Sixty three years old today, Actor Chris O'Donnell
fifty four years old, Former Yankee Hall of Famer Derek
Jeter turning the Big Five Oh today, and pop star
Ariana Grande is thirty one. And if it's your birthday,
(29:26):
Happy birthday. So glad you were born.
Speaker 2 (29:30):
I'm Jim Schultz in Tampa and my morning show is
Your Morning Show with Michael, Jill Groner.
Speaker 1 (29:35):
Female Michael d at iHeartMedia dot com where I got
this one, Michael, I think people are watching the debate
like a race car race, just waiting to see a crash.
People literally are waiting to see Joe Biden lose his
train at thought and freeze. And we'll know if it's
biased if they let Biden get away with the nine
percent inflation number. Again. Wow, that's a big part of it.
(29:57):
I really think, you know, I'll never forget the move
the private parts and the general managers trying to explain
to everybody by Howard Stern's ratings are up, and to
the program director of the research, you're saying, why do
people hate him? Listen to him? They want to hear
what he's going to say next. That's always the case
with Donald Trump, and I guess freezing is always the
case with Joe Biden. It is does feel like a
lot of people want to watch and see if there's
(30:18):
a train wreck tomorrow night. Let's talk about travel. Now.
Fourth of July's on a Thursday, which means we get
Thursday and Friday off. That's a four day weekend in
and of itself. I could see people taking Monday, Tuesday,
Wednesday off and start traveling this weekend. I'm trying to
figure out, well, why TSA is predicting tomorrow will be
the busiest day of travel. Roy O'Neil is here with
that answer. Good morning Rory, Well, good morning Michael.
Speaker 6 (30:40):
And it's because you're going to take a week off,
five days off Thursday, Friday, Monday, Tuesday, Wednesday.
Speaker 1 (30:45):
Then the boss kicks in the extra two days.
Speaker 6 (30:48):
You're welcome, by the way, and that's how you have
this nice long break for folks that have time now
to go to Europe.
Speaker 1 (30:54):
Because so what you're saying, it is a simple math.
Speaker 6 (30:57):
It is pretty simple math if I can do it.
But Americans are flooding Europe right now. Greece, Portugal, and
Spain our top of the list, wait till the Olympics
get underway in Paris. Also, Americans, mostly from the West Coast,
are heading to Japan.
Speaker 1 (31:14):
Because of the currency evaluations. The dollar is very strong
against the end right now. So a lot of people
doing that as a bucket list trip. Yeah, because you know,
I always have this conversation with people. I've been in
radio for forty something years, whatever it is, and I
just never you know, we were lucky at first to
get two weeks vacation, but you could never take as
a radio host more than a week at a time.
(31:37):
It impacted ratings too much, and you really can't do Europe.
What is the number for doing Europe. It's somewhere around
ten to twelve days, that's the minimum, right, It depends
on where you're flying from. But this one open up
that windows is.
Speaker 6 (31:51):
It certainly does, and it makes you at least feel
better that you're not spending the whole trip to and
from the airport, and you know, it's it's psychological for
the most part. But you know, because it also depends
if it's for the first time. If you're just trying to,
you know, add a city to your checklist of destinations
that you can just go for four or five days,
that's plenty.
Speaker 1 (32:10):
But if you want to do some of.
Speaker 6 (32:12):
Those more sprawling tours, the longer cruise, you know, to
the various European cities, if you want to do the
Grand Vista of Europe, yeah.
Speaker 1 (32:21):
It's going to take more than five days. Closing moments
of ore O'Neil. Were you always a space NASA enthusiast
or did that happen from living in Florida? Mostly from
living in Florida, I'd have to say yeah, because it
really does impact everything there. We got a couple of
astronauts still stuck in space, don't we You're not stuck relaxed.
You think this is just picking on Boeing.
Speaker 6 (32:43):
No, it's a test flight. And you know, I think
they'll be fine to come home. The guys at NASA
say they're fine to come home. We just want to
figure this out because when we bring the ship home,
those thrusters burn up in the atmosphere, so there's no
you know, it's not looking to recover the thruster to
figure out what happened to it.
Speaker 1 (33:00):
That's why I wanted to check with you, because the
headline is all you know, there's stuck in space, lots
of space stuck in space. They're looking for an uber home.
I thought, maybe you know that's because of a literation.
Speaker 6 (33:10):
Yeah, that's that's the only reason stuck in space is
up there.
Speaker 1 (33:13):
All right? Well, Rory, are you working next week? Right?
And I'm not going to be alone Jeffreys, Am, I
think I'm filling in for you Thursday Friday. Maybe I
don't really, you know, I've.
Speaker 11 (33:23):
Been begging for that for a long time. Well yeah,
not yeah, but not literally right, just figuratively. Roy O'Neil,
hardest working man in news. Thanks for joining us. Great
reporting again today. We'll talk again tomorrow. I don't know
where time goes. It flies every morning. Tomorrow, our final
morning before the debate. We'll try to just hone in
(33:45):
on all the pregame storylines that might play out that night.
Then we'll all be watching Thursday night and talking about
it Friday morning. But everything's been kind of Look, there's
a simple question, can this debate possibly live up to
the hype or our expectation or low expectation.
Speaker 1 (34:03):
We'll kick that, I'll roll around tomorrow. We're all in
this together. This is your Morning Show with Michael del
Joana
Hey, it's me Michael. 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. Now. Enjoy the podcast.
Speaker 2 (00:14):
Well two three starting your morning off right.
Speaker 3 (00:19):
A new way of talk, a new way of understanding
because we're in the stiget miss is your morning show.
Speaker 1 (00:28):
With Michael Bill Join I forget. If you miss any
of your morning show, you might miss a lot. That's
why we have the podcast in the podcast section of
your iHeart app. Just search your morning show Michael del Journal.
Don't forget it to hit subscribe. That way, it's waiting
for you every morning, all three hours, commercial free by
roughly nine thirty Central, ten thirty Eastern. That's in the
podcast section of your iHeart app. Well, good morning. It's
(00:51):
seven minutes after the hour. For some of us, we
moved on to Red Bull. You're probably enjoying your first
cup of coffee and waking up. Here's what you need
to know. President Trump could announce VP pick as early
as this week. The Squad is minus one. New York's
Social Democrat Jamal Bowman went down last night in the
sixteenth district in his primary to George Latimer. Supreme Court
(01:11):
should start issuing more opinions starting this week, and there's
nothing but baseball in sports except for the NBA Draft
tonight in Brooklyn, where the Atlanta Hawks, and boy do
they need it, have the first overall pick. Let's talk
about the debate. We're about thirty six hours away. We
said earlier, I think it's going to be a record
Nielsen rating for this debate. There's just not much else
(01:31):
going on, and everybody is dying to see this. There's
a lot on the line for Trump, there's a lot
on the line for Biden, there's a lot on the
line for CNN. And there's a lot of firsts. It's
going to be the first since the Kennedy Nixon, first
ever presidential debate to have no voters present, the first
presidential debate before we even had the conventions to officially
(01:54):
nominate them, first since nineteen eighty eight, not sponsored by
the Commission on Presidential Debates, first with a president sitting
versus an ex president, and two of the oldest to
ever run against each other in a presidential election. That's
a lot of firsts. Republican consultant analyst Chris Walker is
(02:14):
joining us Chris, which had done one of those first
Do you think might be the most I don't know,
impactful heading into tomorrow night?
Speaker 2 (02:24):
Good morning, Michael. You know, I think you raised a
good question. I think I think the fact that it's
a summer I think your point on it on nothing
else really being on. I mean, in the fall, there's
so much more, you know, to do, and people are busy,
but this is still kind of vacation season and all
the other things going on. I think it would be
(02:44):
very interesting just because it's a new timeframe and a
different type of debate than the normal. And I think
that's that's the new that's going to be the most
interesting and impactful system the sense that it's not a
Commision for presidence of debates, and you know, people are
going to I kind of tune in to see how
bias CNN is, at least on the Republican side of
the aisle. They want to see if Jake Tapper and
(03:05):
Dana Bash are as bad as we kind of think
they are going to be.
Speaker 1 (03:10):
Oh, they'll live up. You know, they held you know,
Biden's held up holed up in Camp David, preparing for
a week resting. Maybe they're getting the cocktail ready to inject.
I don't know, they're trying to get him. Do you
know condition himself to stand for ninety minutes for Donald
Trump business as usual hosting rallies. Any chance he's not
(03:30):
taking Biden seriously enough?
Speaker 2 (03:35):
That's a good question. And I think what you're seeing
from a lot of the you know, Trump, you know,
campaign apparatus and surrogates are kind of a repositioning on
trying to not necessarily lower expectations on Biden too much,
which I think is smart. But you know, everyone's kind
of wearing their jersey on this one. If they if you,
(03:55):
if your priors are you think Biden's the worst president
we've had and where I kind of send the land,
then you're going to kind of see what you want
to see in the debate. If you think Trump's the
worst things ever happened in the country, You're going to
see what you want to seek your Biden anyway. So
in a way, I think the expectations game that's being
played by the candidates and the campaigns kind of don't
(04:16):
matter as much because everyone has their opinion pretty much
made up on both these candidates already. There's not a
known quantity here the first time both president and former
president are running against each other in the modern era,
everyone has an opinion. It's just a matter of kind
of seeing how it shakes out, and it kind of
reconferves your priors or not.
Speaker 1 (04:32):
Chris Walker is an analyst and a consultant for the
Republican Party. The GOP joins us every Wednesday Tomorrow, or
thirty six hours away from the first presidential debate. Heading
into it, we talk about overall generic polling and Donald
Trump is up one percentage point. That's certainly within the
margin of error. But we all know all fifty states
are not going to let the next president. The battleground
(04:52):
states are. That's a different story. Donald Trump leads by
five point six percent in Arizona, four percent in Georgia,
four percent in Nevada, five point eight percent in North Carolina,
two point eight percent in Pennsylvania. We don't even get
to Wisconsin and others. Michigan very close zero point two percent,
(05:15):
but that's how it was when he won it in
twenty sixteen, and that's how it was when he lost
it in twenty twenty. But for the battleground states, things
look good. Would it be wrong for Donald Trump to
not look at this and say, well, why are we
doing so well? I think he can't lose bringing up
how he's been persecuted through lawfare. I don't think he
can lose by bringing up people's perception that things were
(05:36):
better from an energy standpoint, from an inflation standpoint, even
though he's responsible for some of the COVID legislation that
shut the government down, but that there were better times
four years ago. Is that such an obvious strategy for
him that he could miss it?
Speaker 2 (05:53):
Yeah, you know, it's really interesting you say that about
the lawfair thing.
Speaker 1 (05:58):
He will.
Speaker 2 (05:59):
I don't think he's going to have to bring it
up because I think what we're going to see from
Tapper and Dana Bash by question right right exactly. But
I think Dana Bash they'll mention every kind of CD
detail from the from the from the trial to try
(06:19):
to embarrass him. I mean, that will be the question.
They'll They'll ask him, you know you did this. They'll
say adultery, they'll say Monday laundry, they'll say all of
these negative things in a way to say, why should
the America re elect you again? You know, and that
will be the premise of the of the question to him.
So I guarantee you CNN will bring it up before
even he has to, and I think you'll have a
good answer to that, just because everyone sees the injustice
(06:42):
that's happening when Andrew Cuomo is saying it's an injustice,
you know, something on the wrong side here.
Speaker 1 (06:48):
All right, So breaking it down and giving you free
reign to speak open ended, what are the keys to
victory in this debate for Donald Trump? And what would
be the biggest mistakes he could make that could create
the feat.
Speaker 2 (07:03):
The keys to him is to lay out in solid detail,
which I think he'll be able to do fairly easily,
the failures of the of the three and a half
years of the Biden administration, starting with the American Recovery Act,
all the way through the Afghanistan withdrawal to the you know,
terminal of the Middle East, to inflation, to you know,
the obsession on this transgenderis show. I don't know if
(07:26):
you saw the story over this morning about the Biden administration,
you know, kind of quietly trying to lower the age
for transition, transition for minors, you know. The radical left
overtaking of his administration and all of the things that
they've done because of it, I think will.
Speaker 1 (07:40):
Be a win for Trump.
Speaker 2 (07:42):
What he what I think he needs to avoid is
overreacting to debate that will be surely thrown to him
to try to get him to, you know, kind of
have a moment of being interrupting or doing whatever. I
just don't think he'll do that. He's he knows, he
knows what he can, he knows what he wants to do.
He has clarity of purpose for a second term. Ironically,
(08:04):
by the way, Biden does not have that, and I
think that will be a clear indicator and a big
The contrast would be real. That's what Trump needs to win, I.
Speaker 1 (08:13):
Would say, whether CNN gives him the setup or not.
You can't pound away enough on Israel, you can't pound
away enough on the border, you can't pound away enough
on the economy. All right, do is in dontes for Biden?
Speaker 2 (08:26):
Don't you know?
Speaker 1 (08:27):
For Biden?
Speaker 2 (08:29):
You know, don't don't. For the smugness of your antipathy
towards Trump, should not come through. You know, the I
think people kind of underestimate and of course he wanted
twenty twenty, but you know, people underestimate how derisive he
was towards Trump throughout the debate and acting like he
was better than him. I don't think that's like possible
(08:50):
this time, and so I think he's got to he's
got to like be a president and not a partisan.
That's where I think he can actually be better than
what he is being seen to be right now. Frankly, again,
I hate the lower expectations for him too much, but
he needs to not play into the character of being
(09:12):
this old guy that suffered from dementia. Like he's got
to be clear and concise and you know, have a
vision which he just has not been able to cast.
Speaker 1 (09:19):
So, yeah, that's gonna be a challenge. I think it's
gonna be a challenge. And a lot of people joke, well,
he gass when he has a teleprompter. Yeah, but there's
no teleprompter, there's no coaching. Uh, he's gonna have set
time to make a point, which you know, he's not
the kind of guy like Donald Trump. By the way,
this is a challenge for Donald Trump, who's used to
(09:40):
it rallies just going and going free thought and then thought,
stumble on key points. He's gonna have to get to
his key point. That's gonna be a challenge for him.
But for Joe Biden, it is a you know, I
know that they did everything to try to help him
taking away and I am thoroughly convinced. And I'll just
say this in full disclosure. I'm thoroughly convinced because you know,
he's either late stages dementia or early onset Alzheimer's, whatever,
(10:06):
whichever it is, it all amounts to the same thing.
He can't have loud noises, he can't have lights, he
can't have crowds of people shouting. So that's why they're
returning to the Kennedy Nixon style in a studio silent
and quiet. But the problem is it's going to be quiet.
That's not going to give him much to build his
energy on. He's not going to have a teleprompter that's
(10:27):
going to make the proclivity for him to lose his
train of thought greater. And I don't care what anybody says,
standing for ninety minutes is going to be a challenge
for him. It's not going to be easy when you're
in his state, because we haven't been gaslighted. He's old
and not all eighty one year olds are the same,
and his has some cognitive impairment, and all it's going
(10:48):
to take is one big going blank and for half
of America, that's the only sound bites you're going to
hear in the next day. That's a lot of pressure,
and pressure can create those moments. Yeah, I think for him,
I'm not looking frail, not looking old, not losing his
train of thought is priority number one. Priority number two
is the real challenge. How do you spin Israel? How
do you spin the border, how do you spin the economy?
(11:10):
And we did something interesting with Aaron Reyale earlier and
it's called vibe session because we're not, by any criteria
in a recession, but it sure feels like one. And
if you don't own a home and you're paying high
rent and you don't have any assets that are appreciating
at a great value, there's nothing but twenty five percent
increases in costs and stagnant wages that aren't keeping up
(11:31):
and debt piling up. So there is vibe session that
he is presiding over as an incumbent, there is a
border invasion and crisis that he created with ninety two
executive orders, and he can't win for losing on Israel
because if he takes sides with Israel, that harms him
with the far left of his party, and if he
stands too strong with Israel, he'll lose the far left.
(11:54):
So he's got a Joe. Biden's got the roughest night ahead.
Speaker 2 (12:00):
The third question, you know, Biden has to make the
case on why he should be rehired for this job.
He's not made that case at all to anyone yet
except that Donald Trump is bad. You know, He's obviously
not qualified for any other job in this country, it seems,
except for president. So he's going to have to think
the case of what he's doing and I think, you know,
(12:20):
figuring out what his plane is for a second term.
It can't be continuing what he's doing or is going
to lose. So that's he's going to have to make
some of that work.
Speaker 1 (12:29):
That's the toughest part of the equation because there's a
number that really matters for an incumbent. His disapproval rating
is at minus fifteen point two. That's a mountain with
months to go, and those that believe we're heading in
the wrong direction is minus thirty nine percent, So four
and ten Americans more than the rest think we're heading
in the wrong direction, and they blame the president with
(12:50):
a minus fifteen approval rating. That's pretty tough to overcome
at any age, let alone eighty one. Chris, I always
appreciate it. Have a great week. We'll talk again next Wednesday.
And actually I do something a little different post debate.
Friday morning might have you back if we can, I
think condition Thursday, I'll have you over. We could do
that too. Thanks for joining us, Chris Walker, All Things
(13:13):
Republican consultant and analysts. This is your morning show with
Michael Deltona, a show that belongs to you, and I'm
your host, Michael del Jonal. Thanks for waking up with this.
You know, there's this great scene in The Rookie and
Dennis Quad's character walks into one of the other players
before a baseball game and says, guess what we get
to do today? The guy goes, what we get to
(13:35):
play baseball? Right? Guess what we get to do today?
We'll get to live, right, we need to live. Wednesday,
June the twenty sixth, twenty twenty four. One chance to
live it, one chance to make it count, one chance
to understand it and to help. It's time for your
Top five day. And I know, Jeffrey what I gotta
(13:55):
be quick. We only got three minutes. Robert F. Kennedy
Junior believes Donald Trump's to win the upcoming debate tomorrow.
Mark Mayfield has more.
Speaker 4 (14:03):
On Tuesday, an interview was released where Kennedy said he
doesn't think it's possible for President Biden to beat Trump
in that debate. He also claimed Trump is the greatest
debater in modern American history. Kennedy, who's running as an
independent candidate, recently expressed frustration that he wasn't allowed on
the debate stage with Biden and Trump, claiming that CNN
illegally worked with the other candidates to exclude him. The
(14:26):
presidential debate is scheduled for Thursday night in Atlanta. I'm
Mark Mayfield.
Speaker 1 (14:30):
All gentlemen, no ladies first, right, especially when it comes
to tomorrow night's debate. Brian Shook has more.
Speaker 5 (14:37):
Road to the White House twenty twenty four. The first
presidential debate is tomorrow, and both candidates are focusing on
women's issues.
Speaker 6 (14:45):
There is an effort by Democrats to try to win
over some women who normally vote Republican, but because of
the issue of abortion, may be open.
Speaker 7 (14:55):
To being convinced to vote for Joe Biden.
Speaker 5 (14:57):
Rice Political analyst Mark Jones says that President Trump will
focus on the so called Save Women's Sports debate. Last week,
he vowed to roll back changes the Biden administration has
made to what is called Title nine.
Speaker 1 (15:10):
The New York Squad member has fallen. Therefore, the squad
is less, one less player. Andrew Whitman has the recap
of last night's election in New York.
Speaker 8 (15:19):
Democratic Westchester County executive George Latimer, scoring the biggest win
of New York's primary election. He easily defeated incumbent Jamal Bowman,
who was backed by Bernie Sanders and AOC. Bowman was
critical of Israel following the October attack by hamas a
stance of likely cost Bowman with voters. AOC survived her
(15:40):
own primary challenge Tuesday, as did Manhattan freshman Dan Goldman.
Former CNN contributor John Avlon won his primary in Suffolk
County's first district. Avlon will take on Republican incumbent Nick
Lolota this fall. Andrew Whitman, NBC News Radio, New York.
Speaker 1 (15:56):
Jamal Bowman isn't the only one to bite the dust.
Several hooters these locations are biting the dust. Michael Casner reports.
Speaker 3 (16:03):
You got, but you might want to call first. The
company cited pressure from current market conditions.
Speaker 1 (16:11):
No list was provided, but.
Speaker 3 (16:12):
USA Today reports they found dozens of restaurants shuttered yesterday
in Florida, Texas, Kentucky, and Indiana. I'm Michael Castner.
Speaker 1 (16:22):
Well, there's not much but baseball between now and football season,
except for tonight the NBA Draft in Brooklyn. The Atlanta
Hawks have the first overall pick. Cardinal's postponed by Rainbow.
Play twoed against the Braves today, Raised one, Guardians one,
Dbacks one, NAT's Rangers and Mariners loss. Hey, it's Michael
reminding you that your morning show can be heard live
each weekday morning five to eight Central, six to nine
(16:43):
Eastern in great cities like Nashville, Tennessee, two Below, Mississippi,
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 ever, We're grateful you're here. Now,
enjoy the podcast. This is your morning show. I'm Michael
del Jorona. I was doing birthdays moment ago and we
forgot one. Who's that The barcode the iconic rectangles of
(17:06):
thin parallel lines found at the bottom of products that
revolutionized everything from grocery shopping to healthcare. The bar code
is scanned more than ten billion times a day. The
bar code that some of you referred to as site
and the mark of the Beast is fifty years old. Today,
Aaron Rayal is joining us. You know, we had such
(17:27):
a great conversation early in the show plugged for the
podcast on your iHeart app. But we were talking about
vibe session that really applies to this. So we're getting
more homes on the market, but interest rates have not
gone down. If anything, they might creep up. So you
have the interest rates still in place, the high cost
of homes, even though there's more on the market. Really
(17:48):
isn't quite vibe whys or reality wise getting us very far?
Speaker 2 (17:52):
Is it?
Speaker 9 (17:53):
No? And now what I really get annoyed at these
like cutesy little terms that describe big problems because you're like,
this is not this is not a good descriptor, but
it is the term vibe session that's being used to
describe the disconnect between the economy's overall strength and then
the perceived weakness among the households. This is where the
issue lies, and the biggest issue is in housing.
Speaker 7 (18:16):
Housing.
Speaker 9 (18:16):
So housing, it's simple supply and demand, and we don't
have enough of it.
Speaker 7 (18:21):
We simply don't. The numbers are staggering, Michael.
Speaker 9 (18:24):
Home prices are forty seven percent higher than they were
in early twenty twenty, and the median sales price is
now five times the median household income.
Speaker 7 (18:34):
I'm going to.
Speaker 1 (18:34):
Rit so yeah, because first of all, it's not always
apples and oranges. You may come to the table at
blank age. I may come to the table at the
same blank age. I may have an old car that's
paid off. You may have a big car payment. I
may have no credit card debt. You may have a lot,
or could be the other way around. I'm guessing you're
more responsible to me. But the bottom line is, the
(18:55):
assumption is, if all things are equal and you're wondering
how how much home you can afford, Let's say you
make fifty thousand dollars a year, the old number used
to be four times that, so you could probably, assuming
you don't have other big debt, you can afford up
to a two hundred thousand dollars house. How many times
do we have this conversation thereon? Probablyuntil people are sick
of it. Wages have been stagnant, cost of living keeps
(19:18):
going up, and the wages aren't keeping up, and especially
in the sectors of housing. And we could do the
same numbers for rent which is even worse. You don't
even have an asset that's appreciating. It's just it's out
of whack. And so even if you've been living good,
it's unattainable.
Speaker 7 (19:33):
You're right. And for renders it's no better.
Speaker 9 (19:36):
You know, prices are still twenty six percent higher than
in twenty twenty. So half of all renting households, this
is apparently twenty two million people, they spend more than
thirty percent of their income on housing. That's kind of
what you were describing. You just need to block off
so much more that is considered a cost burden in
the eyes of the government, how they distinguish it. But
(19:56):
then twelve million of those twenty two million households they
spend more than how other income on rent. These are
not sustainable members. The bottom line is this is the
least affordable housing market in US history, both for homeowners
and both for renters. Because even if you're a homeowner,
your insurance premiums are up, They're up an average of
twenty one percent. Property taxes are up in likely rising.
(20:17):
So this is this is a simple supply and demand thing,
and you can trace it all the way back to
the eight financial crisis.
Speaker 7 (20:23):
We're still seeing the effects of that.
Speaker 9 (20:25):
It was so profound home builders had yet to totally
recover from eight when the pandemic hit.
Speaker 1 (20:32):
Well, I think the pandemic is the big line of
the sand are And I mean, and by the way,
I know talk radio tends to be very partisan, and
I plan to vote for Donald Trump, don't get me wrong,
but it was Donald Trump who got duped by Fauci.
It was Donald Trump that sold you the vaccine, and
it was Donald Trump that shut down the economy and
sent everybody home. And we just have never really recovered
from that. And then another big part of it is
(20:53):
supply and demand. And with this kind of scenario, housing
up forty seven percent, rent up nearly thirty percent, now
making up five times what our salaries can provide. That's
all made worse by if you're somebody prior to the pandemic.
(21:14):
I'm one whose home is locked in at two point
blank percent, and now my home value has tripled. I
ain't moving, and the more I don't move, the more
there's no inventory movement. So it really is I don't
know how. Look I love the term tangled because this
is a tangled mess, and I don't know how it
gets untangled, is the problem?
Speaker 9 (21:34):
Yeah, I don't think many people do. I was actually
speaking to another morning radio host earlier today. You cheat,
I know, I know, I know, aren't I a terrible person?
But he said an interesting thing. He's like, do you
think this is going to be We're going to have
profound repercussions whichever way this election goes in November? And
I thought about it for a minute. I love you
(21:54):
know your position on it, because I'm like, honestly, no,
I don't think it's a shattering. I think we've lived
through both of these as you just described. We've had
Trump as president, we've had Biden as president.
Speaker 7 (22:06):
I think we're gonna have.
Speaker 9 (22:06):
The same thing, just heightened under either administration, which it
doesn't matter which one. But we've already seen it. We've
already seen it to like think about bipartisan you like
it's it's more of the same of what we already know.
So no, I don't think it's earth shattering in that sense.
I think the geopolitical climate could make it earth shattering.
Speaker 7 (22:22):
I think the economy could make it.
Speaker 9 (22:24):
But I don't think these individuals are going to shake
anything up anything different than I know.
Speaker 1 (22:28):
Well, I would disagree a little bit. I mean, policy
does matter, see the border, policy does matter, tax cuts
versus tax increases. There's also this intangible and I know
you follow this a lot because you've covered the market.
There's a difference between, you know, uncertainty and confidence. Now
what do I mean by that? There is nothing more
(22:48):
damaging to an economy than uncertainty. Look, even if it's
bad news, or even if it's tax increases, it's certain
and a company knows how to react. Uncertain that keeps
you holding and waiting. That's what gets problematic. So I
think this election, if it goes Trump's way, could provide
some certainty, could provide some fixes at the border, and
(23:09):
could provide some tax fixes. And a lot to the
intangible of confidence that. But no, no one person is
a savior. Congress matters way more than the presidency and
some of these things like the housing crisis. Look, the
solution isn't even lowering interest rates, though it seems like it.
The solution is building and building fast, and not just
(23:32):
single family homes, multifamily living apartment complexes. This is what
is going to be necessary in order to impact this
because I don't think you're going to see people who
are sitting with two percent mortgages leaving that anytime soon.
And by the way, if the interest rates went way down,
that's not necessarily good for the long term economy either.
So this one needs to be solved I think by
(23:54):
people taking entrepreneur risk, creating small business, thus hiring more
more more people working burdened less by taxation, freeing up
disposable income and inventory. But I don't hear anybody saying it,
let alone doing it? Do you?
Speaker 5 (24:10):
No?
Speaker 1 (24:10):
I do not?
Speaker 7 (24:11):
And again, how do.
Speaker 1 (24:12):
I do compare to that other host you are cheating
on me with You're always the best?
Speaker 6 (24:18):
It's my job, girl, Listen, don't defense if I know
you cherish me most.
Speaker 7 (24:24):
But this is a big I cherish you.
Speaker 1 (24:26):
This is a big yeah problem. This is why I
love vibe session. This is a this is a cornerstone
of vibe session.
Speaker 9 (24:32):
It's a cornerstone of vibe session. And you, of all people,
would love a word like that. I just yes, this
is this is made for you. But I, like you said,
no one individual as a savior, and you know the
rebuttal to like, everyone's like, oh, but Biden, he's so terrible.
He's this Macavelian You're like, But at the same time,
he can't speak or think, and he's old and senile.
So if anything, it shows you that that who is
(24:54):
sitting in office really doesn't matter. The apparess around them
is going to operate regardless to who that person is.
And I think that, yes, you're right, policy matters and
how that plays out. But we both kind we know
kind of what policy we're going to get on either side.
Speaker 1 (25:11):
Yeah, but America needs to pick aside. And once it
picks aside, the uncertainty's gone, and then the certainty kicks
in and the policy creates an action. An action creates
a direction, a direction rise of to destination. And we've
certainly made I can trace everything that we battle to
bad policy that was really good political narrative and divided
America enough to be conquered, but certainly didn't solve the
(25:33):
problem or create prosperity or security for the American people.
But that's why I'm voting the way I'm voting. We'll
all watch a debate tomorrow and see how that shapes
the way everyone else is voting. Great reporting is always Aaron.
We'll talk again tomorrow if you're just waking up forty
five minutes after the hour, and here are the top
five stories out about that l RFK is not invited,
(25:55):
but he actually believes Donald Trump is going to win
the debate in thirty six hours. Mark Mayfield has that story.
Speaker 4 (26:00):
On Tuesday, an interview was released where Kennedy said he
doesn't think it's possible for President Biden to beat Trump
in that debate. He also claimed Trumps the greatest debater
in modern American history. Kennedy, who's running as an independent candidate,
recently expressed frustration that he wasn't allowed on the debate
stage with Biden and Trump, claiming that CNN illegally worked
(26:21):
with the other candidates to exclude him. The presidential debate
schedule for Thursday night in Atlanta. I'm Marknefield.
Speaker 1 (26:27):
Thanks to a New York primary, the squad is minus
one member. Andrew Whitman recaps.
Speaker 8 (26:32):
Democratic Westchester County Executive George Latimer scoring the biggest win
of New York's primary election. He easily defeated incumbent Jamal Bowman,
who was backed by Bernie Sanders and AOC. Bowman was
critical of Israel following the October attack by Hamas, a
stance that likely cost Bowman with voters. AOC survived her
(26:52):
own primary challenge Tuesday, as did Manhattan freshman Dan Goldman.
Former CNN contributor John Avlon won his prime I'm Maria
in Suffolk County's first district. Avlon will take on Republican
incumbent Nick Lolota this fall. Andrew Whitman, NBC News Radio,
New York.
Speaker 1 (27:09):
Yeah, Jamal Bowman, the fire alarm guy, the foulmouth guy. Yes,
the anti Israel eye problem guy. Gen Z, You're in debt,
a lot of it. Brian Shook is here.
Speaker 5 (27:23):
Among those living in the one hundred largest metropolitan areas,
the median percentage of gen Zers with debt is just
over ninety seven percent. The median non mortgage debt of
those gen zers is over sixteen grand. The analysis showed
that they were most likely to have credit card debt
than any other type, with nearly eighty one percent owing
(27:44):
money on a card. I'm Brian Shook.
Speaker 1 (27:46):
Hasn't been much good news for Joe Biden on the
polling front, but he finally got one that shows he
might be making headway with independent voters. Lisa Taylor has more.
Speaker 10 (27:54):
A recent NPR PBS News Marris Pool shows Biden leading
Trump fifty percent to forty eight percent mon independence. That's
a positive sign for Biden, who was trailing Trump forty
two percent to fifty four percent among independence last month
in a similar poll. The voting block is crucial for
both candidates and winning key battleground states. This November, Trump, however,
holds a one percentage point lead and a head to
(28:15):
head matchup among voters who say they will vote in
the general election. I only said Taylor, I don't know
if he's going to use his.
Speaker 1 (28:20):
Name or the symbol. The Trents, along with the Isisley Brothers,
among the thirty artists in the twenty twenty five Hollywood
Walk of Fame class, others from the music world, George Strait, Keith,
Urban Green Day, Henore's have until two years, up to
two years to set a date for their acceptance ceremony.
And in sports, we talked about the great drought we're in.
(28:43):
We're all just waiting for football season to begin. I mean,
other than baseball, nota league World Series. There is nothing
till football except for tonight the NBA Draft in Brooklyn,
where Atlanta has the first pick overall. Cardinals got rained
out yesterday in Saint Louis. They'll play two today against
the Braves, the Rays, the Mariner's eleven to three, Guardians Outslung,
the O's ten to eight, Dbax one five to four
(29:04):
over the Twins, Nats, Rangers, and Mariners all lost. And
birthdays today cyclist Greg LeMond. We think he did it
fair and square right. He didn't have any steroid cycle,
no scandals. Sixty three years old today, Actor Chris O'Donnell
fifty four years old, Former Yankee Hall of Famer Derek
Jeter turning the Big Five Oh today, and pop star
Ariana Grande is thirty one. And if it's your birthday,
(29:26):
Happy birthday. So glad you were born.
Speaker 2 (29:30):
I'm Jim Schultz in Tampa and my morning show is
Your Morning Show with Michael, Jill Groner.
Speaker 1 (29:35):
Female Michael d at iHeartMedia dot com where I got
this one, Michael, I think people are watching the debate
like a race car race, just waiting to see a crash.
People literally are waiting to see Joe Biden lose his
train at thought and freeze. And we'll know if it's
biased if they let Biden get away with the nine
percent inflation number. Again. Wow, that's a big part of it.
(29:57):
I really think, you know, I'll never forget the move
the private parts and the general managers trying to explain
to everybody by Howard Stern's ratings are up, and to
the program director of the research, you're saying, why do
people hate him? Listen to him? They want to hear
what he's going to say next. That's always the case
with Donald Trump, and I guess freezing is always the
case with Joe Biden. It is does feel like a
lot of people want to watch and see if there's
(30:18):
a train wreck tomorrow night. Let's talk about travel. Now.
Fourth of July's on a Thursday, which means we get
Thursday and Friday off. That's a four day weekend in
and of itself. I could see people taking Monday, Tuesday,
Wednesday off and start traveling this weekend. I'm trying to
figure out, well, why TSA is predicting tomorrow will be
the busiest day of travel. Roy O'Neil is here with
that answer. Good morning Rory, Well, good morning Michael.
Speaker 6 (30:40):
And it's because you're going to take a week off,
five days off Thursday, Friday, Monday, Tuesday, Wednesday.
Speaker 1 (30:45):
Then the boss kicks in the extra two days.
Speaker 6 (30:48):
You're welcome, by the way, and that's how you have
this nice long break for folks that have time now
to go to Europe.
Speaker 1 (30:54):
Because so what you're saying, it is a simple math.
Speaker 6 (30:57):
It is pretty simple math if I can do it.
But Americans are flooding Europe right now. Greece, Portugal, and
Spain our top of the list, wait till the Olympics
get underway in Paris. Also, Americans, mostly from the West Coast,
are heading to Japan.
Speaker 1 (31:14):
Because of the currency evaluations. The dollar is very strong
against the end right now. So a lot of people
doing that as a bucket list trip. Yeah, because you know,
I always have this conversation with people. I've been in
radio for forty something years, whatever it is, and I
just never you know, we were lucky at first to
get two weeks vacation, but you could never take as
a radio host more than a week at a time.
(31:37):
It impacted ratings too much, and you really can't do Europe.
What is the number for doing Europe. It's somewhere around
ten to twelve days, that's the minimum, right, It depends
on where you're flying from. But this one open up
that windows is.
Speaker 6 (31:51):
It certainly does, and it makes you at least feel
better that you're not spending the whole trip to and
from the airport, and you know, it's it's psychological for
the most part. But you know, because it also depends
if it's for the first time. If you're just trying to,
you know, add a city to your checklist of destinations
that you can just go for four or five days,
that's plenty.
Speaker 1 (32:10):
But if you want to do some of.
Speaker 6 (32:12):
Those more sprawling tours, the longer cruise, you know, to
the various European cities, if you want to do the
Grand Vista of Europe, yeah.
Speaker 1 (32:21):
It's going to take more than five days. Closing moments
of ore O'Neil. Were you always a space NASA enthusiast
or did that happen from living in Florida? Mostly from
living in Florida, I'd have to say yeah, because it
really does impact everything there. We got a couple of
astronauts still stuck in space, don't we You're not stuck relaxed.
You think this is just picking on Boeing.
Speaker 6 (32:43):
No, it's a test flight. And you know, I think
they'll be fine to come home. The guys at NASA
say they're fine to come home. We just want to
figure this out because when we bring the ship home,
those thrusters burn up in the atmosphere, so there's no
you know, it's not looking to recover the thruster to
figure out what happened to it.
Speaker 1 (33:00):
That's why I wanted to check with you, because the
headline is all you know, there's stuck in space, lots
of space stuck in space. They're looking for an uber home.
I thought, maybe you know that's because of a literation.
Speaker 6 (33:10):
Yeah, that's that's the only reason stuck in space is
up there.
Speaker 1 (33:13):
All right? Well, Rory, are you working next week? Right?
And I'm not going to be alone Jeffreys, Am, I
think I'm filling in for you Thursday Friday. Maybe I
don't really, you know, I've.
Speaker 11 (33:23):
Been begging for that for a long time. Well yeah,
not yeah, but not literally right, just figuratively. Roy O'Neil,
hardest working man in news. Thanks for joining us. Great
reporting again today. We'll talk again tomorrow. I don't know
where time goes. It flies every morning. Tomorrow, our final
morning before the debate. We'll try to just hone in
(33:45):
on all the pregame storylines that might play out that night.
Then we'll all be watching Thursday night and talking about
it Friday morning. But everything's been kind of Look, there's
a simple question, can this debate possibly live up to
the hype or our expectation or low expectation.
Speaker 1 (34:03):
We'll kick that, I'll roll around tomorrow. We're all in
this together. This is your Morning Show with Michael del
Joana
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