September 12, 2024 • 34 mins
It’s more than a political debate over our economy, it’s a reality for voters! What’s the reality of our economy and what’s the right fix??
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Speaker 1 (00:00):
Hi, it's Michael. Your morning show can be heard on
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(00:21):
us for the podcast two.
Speaker 2 (00:23):
Three, Starting your morning off right. A new way of talk,
a new way of understanding, I hope because we're in
this together. This is your morning show with Michael del Johno.
Speaker 1 (00:38):
Thank you, Mike mccannon. As Brent Musberger would say, you
are looking live at Thursday September twelfth, twenty twenty four
on the Aaron streaming live on your iHeartRadio app. This
show belongs to you. This is your morning show. Honor
to serve you. I'm Michael del Jarno, Honored to serve me.
It's Jeffrey Lyon. I'm right at the controls and if
(00:59):
you're just waking up. Her Francine was a Category two
when it made landfall in Louisiana. Now a tropical storm
north of New Orleans and moving into Mississippi and Alabama.
I have feared this from the very beginning. We knew
it would be a powder a power issue for Louisiana.
There's some four hundred thousand without power. I worried about
it hitting the New Tornado Alley and being a tornado
(01:20):
story later on for the middle of America. Let's hope
that's not the case. But let's keep an eye on
Alabama and Tennessee today and tomorrow for the storms that
to her what's left of Franccene will produce neils. To reports,
sixty seven million people watch that show down between Donald
Trump and Kamala Harris. Yes, it was on ABC and
hosted by ABC, but it was on all the major
(01:40):
networks and all four major cable news networks. And just
an amazing story of John bon Jovi in Tennessee filming
a video and sees a woman would appear to be
preparing to jump off a bridge, talks to her, gets
her off the bridge. She got the care she need. Man,
that's the power of love. Gang. I know I should
be obviously saying, living on a prayer, which would be
(02:01):
the bon Jovie song, but no, it's more of a
Huey Lewis. That's a power of love. You don't have
to be a trained cop. You don't have to be
a trained firefighter. When America is craving with the lonely,
starving spirits of Americans are craving, is connection with other
human beings and people who care. And John bon Jovi
did and it worked. It's my favorite story of the day.
Now everybody's fighting about who won the debate. I'll take
(02:23):
the politics out of it. ABC was despicable, Kamala Harris
probably won. Nobody really cares because the reality is, if
you're for Donald Trump, you know he lost the debate,
but you're still voting for him. And you'd have thought
Kamala Harris won no matter what, unless she pulled to
Joe Biden, and she certainly didn't. So the question is
will there be a second debate. I don't think there
(02:44):
will be. I think it'll there's only time for and
probably strategically, the only thing that's really advantageous for Donald
Trump is late. Let Jade Vance take the fight from here.
But one of the big fights was about the economy
and that's some like it's some kind of political debate
and who's to blame for it? But what's the reality
(03:05):
of it? What is the actual economy and what corrective steps,
if there are any, are needed to be prioritized. We're
going to ask our economists and money with David Boonsen,
and I'll take the politics out of it. I think
both parties are a part of the problem. The main
focus should be the debt of this country and what
(03:26):
is the proper size and role of government and zero
based prioritize budgets and then what's the role and responsibility
of the self governed. But let's take politics completely out
of it, and let me ask you, David, what is
the state of our economy right now?
Speaker 3 (03:40):
Well, the state of the economy right now, for any
objective observer is what we call mix. There are data
points that are indisputably positive, and they are data points
that are indisputably negative, and there are a whole lot
of data points that are ambiguous about which direction they're going.
And so it's the actually a mixed picture when you're
(04:02):
describing the present tense. Now, the political aspect of this
is more focused on the past tense? What was the
economy throughout the last three and a half of years.
What was the economy throughout the Trump administration? And then
the future tents? What will the economy be? And that's
the category by which I am dumbfounded. Fans of both
(04:27):
candidates are willing to put up with the answers.
Speaker 1 (04:30):
All right, thing, by the way, let me let me
get everybody mad at me instead of you. All right?
So what did what did David just describe? What is
the current mixed reality of the economy? What was it
prior to COVID in the Trump administration post COVID. That's
huge because what that takes into account is the two
things that matter, in my opinion, But you're the economist,
(04:51):
not me. The most one the reaction to COVID, which
devastated the economy because they were dumb actions and it
politicized and by the way, that started with Trump and
was finished with Biden and Harris. So they're both at
fault for COVID, and as the Republicans and Democrats are
fighting about now and do over and over again, they're
(05:13):
both responsible for pandering for votes that leads to higher
debt and debts the real problem. I mean, you ignore
COVID and debt. Well, no wonder you don't understand the
reality of the economy and who's to blame both?
Speaker 3 (05:29):
Well, well, that's exactly right. But I'll ask you how
many questions were there, how many answers were there, how
many comments were there Tuesday Night's debate about debt?
Speaker 1 (05:38):
The answer zero zero? Well, COVID it's a joke.
Speaker 4 (05:42):
It's a joke to think we're going to talk about
economic growth or my plan on what I call the
what you say, the transformational economy they asked for, you know,
the missional economy, all these big buzzwords and President Trump saying, well,
we're just the greatest economy we've ever.
Speaker 3 (05:59):
Had, and you say, ok, hey, will you give me
one example, one policy, one data point. The only policy
I've gotten out of President Trump is depends to raise
taxes with a terrorists. And the only policy you've gotten
from Kamala Harris is she wants price fixing like Kuba
and the Soviet Union, and government subsidies are housing. I
(06:20):
just cannot believe we're putting up with this lac of
national conversation.
Speaker 1 (06:25):
David Boson is our economist in Money wiz joins us.
Every week you brought up two really bad moments. You
brought up Kamala's, but Donald's was equally And then ABC
of course was pressing Donald but not her, and guiding
her and letting her get away with it. But when
they pressed him, he couldn't say anything. So I got
some ideas right now, but I don't have any plans. Meanwhile,
Kamala is cutting and pasting the Biden plan. America has
(06:48):
to find better leaders than what they found, that's for sure.
I said it this way, David, I mean, where are
the FDRs, Where are the Trumans, Where are the Kennedys,
Where are the Reagans? Where are the gerald Ford's? I mean,
how do we get to this?
Speaker 3 (07:05):
All?
Speaker 5 (07:05):
Right?
Speaker 1 (07:05):
So cut through the nonsense. COVID and debt is what
we're battling. How do we get out of this?
Speaker 3 (07:15):
Well, that's a very long term issue to deal with debt.
I mean COVID now, at some point I think will
require a national repentance for the idiotic policies and implementation.
But that's not going to happen. So you know, big picture,
you talk about long term government debt. Here's what I
just want to leave listeners with. It's thirty five trillion dollars.
(07:38):
We own the credit card and we're adding about two
trillion a year to that. And the big debate we're
having is should we keep adding one trillion a year
or two trillion a year? That's the debate, not paying
it down, not bouncing the budget, not stopping how we
grow it? Do we want to add one or two
trillion more per year? That's what the word deficit means,
(08:02):
the annual amount we add to the debt.
Speaker 1 (08:04):
By the way, don't and that, by the.
Speaker 3 (08:06):
Way, without a recession, that's all, without a war, that's
only good times. We're adding a trillion or two trillion
a year.
Speaker 1 (08:14):
By the way, don't try that at home with your wife. Okay, honey,
we're completely in debt. The credit cards are max. What's
our plan? You're gonna get a second job, a third job?
Should I get a job? Note? We're going to spend
one thousand more. What if I was running for president, David,
I'm gonna take a crack at this because I know
it's too big of a topic. But what if I
said this, Hi, I'm Michael del Journal, I'm running for
(08:35):
president of the United States and America has a spending
and debt problem, and you can't spend in debt your
way out of it. I'm proposing a zero base, prioritized
balanced budget, no continuing resolutions, one budget, one budget that
lasts for two years the term of the Congress, a
flat and fair tax system, term limits for all politicians
in all offices, only paper, in person voting. US senators
(08:59):
return learn too, being appointed by their states. And we
divide the debt among the total number of tax payers,
and we send them the bill and we start paying
it down. Would I fix some things?
Speaker 3 (09:12):
So a lot of those things would be problematic in
my opinion. Some of them are brilliant and need to happen,
and so it's to mix bag. And some of them
are not necessarily economically orient and there questions of jurisprudents
and governance, you know, how senators should be elected and
so forth. But as politics is the art of the possible,
(09:32):
you know, I don't think we're in a position where
somebody who makes twenty thousand a year is going to
pay an equal portion of the debt as someone who
makes twenty million a year.
Speaker 6 (09:42):
And so how we deal.
Speaker 3 (09:43):
With the current level of debt is one thing, but
you have to start the premise. Number one in your
economic bank when you're running for office has to be
the beginning of stopping the additional debt.
Speaker 5 (09:57):
That's the issue.
Speaker 1 (09:58):
Yeah, stop the bleeding first to them.
Speaker 3 (10:00):
But I also want to say, Michael, that the biggest
problem would not be Oh, the politicians don't like it.
They would be the people. Because if you said balance
the budget, everyone goes yes, zero based budgeting. Yes, okay,
now we have to make some adjustment social security. No,
now we have to cut the Department of Education. No,
now we have to cut food stamps.
Speaker 6 (10:21):
No.
Speaker 3 (10:22):
See, everybody hates Congress, but most people like that they're
congressmen or congresswoman. Everybody hates government spending, but nobody wants
to cut they are a government spending.
Speaker 1 (10:36):
Let me let me add something for you the theologian
as well. Everybody knows that sin is leading to consequence
and death, but they love it while they're doing it,
don't they. So the reality is, do we have a
Congress that's out of control and just pandering to voters,
or do we have voters that are inconsistent and disingenuous
and actually like the freebies that's the real problem, right, and.
Speaker 3 (10:57):
It's been the problem since first Samuel six sixteen seven.
The people wanted a king. And this is the story
of statism is statism is invided by people who want
to be governed wrongly. They want their it's a substitute God, Michael.
They want a messianic view of the state where somebody
(11:19):
else can use power to give them things they can't
get for themselves.
Speaker 1 (11:25):
This happens sometimes I get more interested in you the
theologian than you the economist. But you know, as much
as we celebrate some of the kings in the Old Testament,
it was never God's plan for there to be a king.
Nobody ever brings that up. My pastor and you are
the only two of my life that have ever brought
that up. And then they got stuck playing the king game,
and God gave them David Well.
Speaker 3 (11:47):
And that's a very important point because you've talked a
lot on your show about my book Full Time, and
I make the argument in the book that there's two
things we know were created before stin End of the World.
Speaker 1 (11:58):
One is work.
Speaker 3 (12:00):
Two is the family, the state, the king, the civil
magistrates that became necessary because of sin. Work was not
necessary because of sin work. Predaated sin work was our
creative purpose. So the theological point you're making is actually
a very important economic one.
Speaker 1 (12:18):
Well, yeah, no, I'll take that rebuke. Listen, We're supposed
to be one nation under God, indivisible, and as I
look at our republic and the state of our economy
and the state of our character and our nation, work
and family are the two most diseased aspects of our country.
(12:41):
No wonder that thirty five trillion dollars in debt is
the monetary expense of losing who we are and what
we were intended to be, especially with work and family.
Speaker 3 (12:53):
Amen. I mean, that's a beautiful way to put it.
I agree completely. Thirty five trillion of debt was a
replacement of something else on the national p and L.
We could have been adding and making deposits into church, communities, families, marketplace. Instead,
we were taking liabilities in the form of chancefer payments
and government weights.
Speaker 1 (13:15):
One of the great thrills of doing this show, and
it's about to expand dramatically, is to bring voices, because
there's a sea of voices out there. There's information every everywhere,
but there's very little understanding and very little of the
right voices getting the exposure. It is my pleasure to
expose this audience to great minds like David bonson full
(13:35):
Time work dot com if you'd like to buy his book,
and we'll talk again next Wednesday. Bottom line is our
economy is a serious issue, and we don't have either
candidate very serious or not serious enough.
Speaker 3 (13:48):
Well that'ctly right and unfortunately probably the case that that's
because the people aren't serious enough about it. We have
got to get more serious about the economy as a
people to make our candidates and just real quick, Michael,
it's full time book dot com, not full time work
dot com.
Speaker 1 (14:05):
Oh that's right, full time book dot com. Thank you
for correcting me. Always a pleasure. David Bonnson with a
Bonson Financial Group, our economist and money wiz. Thanks for
joining us. We'll talk again next week. This is your
Morning Show with Michael del Truna. For just waking up.
Donald Trump says the moderators during the ABC debate in
Philly did nothing but help Kamala Harris. Mark Mayfield has
(14:27):
that story.
Speaker 6 (14:27):
Trump said he won the debate.
Speaker 1 (14:29):
But this one was stacked.
Speaker 7 (14:32):
I figured it would be after watching one hundred percent
positive coverage of her.
Speaker 6 (14:36):
He added, he's getting great reviews. He said that because
he won, he's not sure if he should do another
debate with Harris. Mark Mayfield, Well.
Speaker 1 (14:43):
His investors definitely lost. Trump Media stock is hoping for
a rebound today. Shares in the company that owns the
former President's Truth social platform plummeted more than seventeen percent.
Yesterday could have been the big Taylor Swift endorsement potentially.
Jacqueline Carl has more on that BECU baby Now we Got.
Speaker 8 (15:05):
And a social media post just minutes after Tuesday Night's debate,
the singer said she'll be voting for Harris because she
fights for the rights and causes she believes in. Swift
went on to say the vice president is a steady
handed and gifted leader and that we could accomplish so
much more in this country if we were led by
comm and on chaos. Swift appears holding a cat in
the post and signed it Taylor Swift Childless cat Lady,
(15:28):
referencing jd Vance's recent claims about Democratic women owning cats
instead of having children. Jacqueline Carl NBC News Radio.
Speaker 1 (15:35):
This just did Nobody cares what she thinks politically. I
love the Babylon be meme. It's got a picture of
her singing and it says, woman who made a career
singing about her bad choices endorses Kamala Harris. We know
all too well in Tennessee. Her endorsements never pan out
to victory. But that's the latest done her. I guess
we're gonna have a lot of claims thanks to Jacqueline
who's made landfall and the potential damage from tornadoes even after.
(16:00):
And that's not good news because just over a court
of American homeowners say they're not prepared financially in the
case of extreme weather events. Brian Shook has more.
Speaker 9 (16:07):
That's according to a bank Rate survey, Midwesterners tended to
be the most prepared for a natural disaster, with less
than twenty percent saying they're unprepared. The most likely to
say they're unprepared are in the South at nearly thirty percent. Meanwhile,
fifteen percent said they would need to go into debt
to afford the deductible under their homeowner insurance policy if
(16:29):
their home was hit. I'm Brian Shook him.
Speaker 1 (16:31):
Michael and your morning show is heard on Great Radio
stations across the country like one oh five, nine twelve
fifty WHNZ and Tampa, Florida, News Radio five to seventy
WKBN and Youngstown, Ohio and News Radio one thousand KTOK
in Oklahoma City. Love to have you listen to us
live in the morning, and of course we're so grateful
you came for the podcast. Enjoy if you're just waking up.
(16:53):
Hurricane Franccene did make landfall in Louisiana as a category two.
Now just a tropical storm well known north of New
Orleans and heading through Mississippi and Alabama on its way
here to Tennessee. We're right now dealing with a power
event four hundred thousand without power in Louisiana and concerned
for a tornado event in Alabama, Tennessee and further as
(17:16):
what's left to Francene makes its way into central US.
Neilson reports sixty seven million people watch the showdown on
Tuesday between Trump and Harris on all the major networks
as well as all the major cable networks. And for
the first time in twenty years, the wage gap between
men and women has widened. See you get all the
politicians focused on closing that gap, and what happens, it
(17:39):
actually widens. This looks like it's going the way of
the work as poverty. Aaron Reyale has our reality of
the day. Good morning, Aaron, Yes, I know.
Speaker 10 (17:48):
So the wage gap here, we're seeing it again. Is
it not the direction that we want to see you
go in, but it's going. This is the first time
significantly widened for each gender. This is the first time
since two thousand and three, men's meet in earnings rows
three percent, women only one and a half percent. So
here's the good news. And I don't want to I
think that we need to accept progress and sometimes it's
(18:09):
not a completely you know, it's not like a linear
thing here. So we started closing the gap, but it's
slow going. In two thousand, women made seventy four percent
of what men made. So the fact that we are
at eighty three and dropped a percent from last year,
it's better than seventy four. But Michael, the wagecraft doesn't
actually mean that women earn less than men for the
(18:29):
same types of job, but that does happen. What it
shows is like the inequality between men and women in
the labor market, and that's because women make up the
majority of low wage workers in the US. This is
partially because they want to find jobs that accommodate schedules
for caretaking, and those jobs tend to pay less. So
there you have it, all right.
Speaker 1 (18:49):
So this is kind of reminding me of like when
we're talking about inflation and or cost of living and
that we say, well, it's we're going to look at
now in a capsule, and then we'll avoid comparing it
to a decade ago or twenty years ago today, or
how we got here, or any of the reasons and
just say, okay, well, three percent pay increase for men
(19:13):
one point five for women. Neither very impressive, and neither
keeping up with the cost of living, especially with the
items that matter most. Right, I mean that's the bad,
so bad news for everyone and a little bad news
for women.
Speaker 10 (19:28):
Yeah, listen, it's now what I also think is really
interesting about this, Michael. You know, women make up the
majority of low wage workers in the US, and the jobs,
like the type of job that women do often pays
less than men. An example that would be housekeepers. They
typically don't make as much as janitors. And that kind
(19:49):
of blew my mind where you're like, oh, what why,
Like that's so similar. That's where I think the problem is.
And it also gets to the question of like meritocracy,
meritocracy is good, identity politics are bad. That works both
ways when it comes to gender. If you can do
the job, and you can do the job well, you
should be compensated regardless of your gender.
Speaker 1 (20:07):
Obviously, we've done a better job at equity diversion and
inclusion then we have at equal pay. I mean, that's
a nasty way for me to bring up the topic.
And I think equity diversion and inclusion is coming to
an end, and then maybe we can focus on best
people for the job, equal pay for all based on
their experience and what they bring to the table. So
(20:29):
what's the bottom line. What do we make of this?
Speaker 10 (20:31):
Arin we make of it that you know, progress is
not always smooth, there's peaks and valleys. Overall, we're improving
in the right direction. The pandemic made a lot of
things weird. A lot of women had to leave the workforce,
and we do know that women the childcare burden often
falls on their shoulders. Still, so knowing that that is
the reality and knowing that we are making progress, let's
(20:53):
get back on a horse and continue in the right direction.
Speaker 1 (20:55):
I will say this too that needs to be noted.
And this is for both because post COVID men and
women are working from home, but for women in particular
this has been huge because then you take the child's
care out of the equation, not just in terms of expense,
but in terms of pouring your life into your children.
That's huge. That's a huge benefit, especially for women. And
then I wonder too, Aaron, the gig economy. You know
(21:18):
those number are some about more women in lower paying jobs.
I'm guessing I don't know, but I would guess the
gig economy might even lean a little female over male.
Speaker 10 (21:29):
I don't have any data on that, but I bet
you you're right. And it's just that, you know, flexibility
is crucial when caring for children. You have to have that.
It's not an option. Things happen, and if you don't
have that flexibility, then there you can't do the job,
and you're going to leave the workforce altogether. And we
do know that the lack of female participation in the
workforce costs the US economy or GDP, like the overall
(21:53):
revenue billions of dollars a year. Like you want to
be able to have workers. That helps overall is an
economy and society. And if you can't have half of
them because the childcare burden is too much, then therein
lies a bigger problem.
Speaker 1 (22:06):
Even more importantly, without it, we have twelve minutes of
dead air every day. We need you in the economy.
Aar rayal, great reporting. We'll talk again tomorrow.
Speaker 7 (22:18):
To get in you too.
Speaker 1 (22:19):
From forty one minutes after the hour, the Pavivia nineteen
minutes to be to work on time. These are your
top five stories.
Speaker 2 (22:26):
Of the day.
Speaker 1 (22:26):
Well, now they're debating over who won the debate, and
they're debating over whether or not the debate again. We
just can't stop fighting, Mark Mayfield has Today in politics.
Speaker 6 (22:34):
A rematch between Donald Trump and Kamala Harris is up
in the air. Shortly after Tuesday's debate, the Harris campaign
called for another, but as of late Wednesday, Trump was
still on the fence.
Speaker 7 (22:44):
We won the debate according to every pole, every single pole.
I think that are we going to do a rematch?
I just don't know.
Speaker 6 (22:51):
Nearly every poll indicated that Harris won the debate. Trump says,
a fighter who loses always immediately asks for a rematch.
A swipe it for Harris campaign. There are several debates
on the table being offered by NBC, Fox and others.
An initial viewership number show ratings soared for the first
debate between Vice President Harris and former President Trump. Nielsen
reports more than sixty seven million people watched the showdown
(23:12):
on Tuesday across the four major networks and four cable
news channels. In comparison, just over fifty one million tuned
in for the June debate between Trump and President Biden.
The final total for the Harris Trump debate is unlikely
to break records. However, the most watched debate ever was
the first between Trump and Hillary Clinton in twenty sixteen,
which drew eighty four million viewers. That's politics. I'm Mark Mayfield.
Speaker 1 (23:34):
Well, RFK Junior and me don't have every issue in
common by a long shop, but we're both straight shooters
and rf K Junior thanks independent. Support for Donald Trump
might even drop after Tuesday's debate. In an interview with
Fox News, the former dependent candidate said Trump had an
airtight argument for his presidency, but he wasn't able to
make the case to the American public. Kennedy said Trump
(23:55):
got distracted during the debate and will likely lose support
from independent voters. Added that he still supports Donald Trump
over Harris, but Harris clearly won the debate in terms
of her delivery, Polish organization and preparation, And I got
to say, I think I agree with them. About one
in four Gen Z and Millennial adults say in a
(24:16):
new survey they don't have any plans for children. Tammy
Triheo has.
Speaker 11 (24:21):
More they're citing financial reasons. A new survey from mass
Mutual claims twenty three percent of adults ages eighteen to
forty three land to remain childless because they're concerned about
their ability to afford children. Many also claim they like
the financial freedom of not having kids. It's the first
survey from mass Mutual to ask millennials and Gen Z
(24:41):
adults there are reasons for not having children, so it's
not clear yet if it's a trend. I'm Tammy Triheo, Well.
Speaker 1 (24:49):
Let me give you a chance to live up to
Let me live up to that being a straight shooter.
If you're Taylor Swift, you're a performer and an artist,
it is certainly well within your rights to encourage all
of your fans to be a part of the voting process.
I just think it's stupid to alienate half your fans
or half of their parents that may pay for their
(25:10):
tickets for your concert and actually endorsing. I mean, nobody's
sitting around going I can't figure out who to vote for.
What does Taylor Swift say? In other words, get out
of politics and stick to music. And here's the biggest reason.
Look at the night you had last night. She was
the big loser in politics, but the big winner. At
(25:31):
the MTV Video Music Awards in New York, Swift won
the award for Video of the Year for Fortnite featuring
post Malone. She also directed that video, which one of
the best direction of a video, and her and post
Malone won Best Collaboration. In addition, Swift also took home
the awards for Artist of the Year and Best Pop Song.
Probably our favorite story of the day, hands down, has
(25:54):
got to be this Tennessee story. Police are saying and
praising John job for helping save a woman's life. Bon
Jovi was it? I feel like Casey Kaseum.
Speaker 7 (26:04):
Bon Joby was in Nashville filming a music video when
he noticed a woman holding onto the outside of a
bridge handrail, possibly contemplating jumping. Bon Jovi and a member
of his team approached the woman cautiously talked with her
for several minutes before helping her back to the sidewalk.
The two embraced before she left for hospital treatment. Nashville
(26:28):
Metro PD thank bon Jovi, saying it takes all of
us to keep each other safe.
Speaker 1 (26:34):
Now I'm with the countdown.
Speaker 8 (26:38):
I am actress Lisa Varga, and my morning show is
your Morning show with Michael del Jorno.
Speaker 1 (26:43):
One of the narratives you're gonna hear this is our
look forward for the day, by the way, is you're
gonna hear all about how bipartisan everything was at the
nine to eleven commemoration, even how Joe Biden put on
a Maga hat for a couple of seconds. But what
wasn't bipartisan was a former fire department chief's widow and
her criticism of President Biden the community.
Speaker 12 (27:09):
Who knows what might have transpired. It has been twenty
three years, and the families deserve justice and accountability. The
elect officials here today show their respect and reverence to
(27:33):
the families. On September eleventh, or in our president's words
June nine eleven. Quite a flippant remark, but please remember
that the September eleventh families lived every day.
Speaker 1 (27:48):
By the way, a lot of beautiful comments there. Time
says I have to move on. I'd like you to
hear him. She's pretty critical of some Biden administration policies
and exchanges with terrorists. This reminds me of we talked
about yesterday, and that is this was not a news event.
This was a human tragedy and for these families, that
grieving continues and it's real. That's number one. Number two.
(28:12):
This war on terror is not over. In fact, I
would contend we are as vulnerable today as we were
on nine ten, two thousand and one, of such attack
happening again. It's one thing to remember and it's another
to honor. To remember is the function of the mind.
To honor is a function of the will and the
heart to see to it. Not only that we're respectful
(28:35):
to the loss these family members that we don't do
nine to eleven. That's number one. Number two is there's
still a war to win, and we can either be
victims or victors, and the ultimate defeat would be a
victim mentality, and it makes it more likely to happen again.
You won't hear much about that in the news today.
(28:56):
Hurricane Francine arrived at category two well north of New
Orleans and my brother and heading into Mississippi and Alabama,
which brings up what I always bring up, the New
Tornado Alley, which extends from about Meridian, Mississippi, through Tuscaloose
in Birmingham and up into Tennessee. It's been a power event,
(29:16):
mostly for New Orleans. In a hurricane event in New Orleans,
roy O'Neil's joining us. I'm concerned it's going to be
a tornado event moving up through the country.
Speaker 5 (29:25):
Well, it's breaking up and dissipating relatively quickly. It's now
a tropical depression maximum sustained winds thirty five miles per hour.
As you mentioned, it came ashore as a cat too,
with one hundred miles per hour winds late yesterday afternoon.
So now that it's over land, it is losing a
lot of its source of strength. So thankfully it is
(29:46):
starting to dissipate, but going to take a north northwesterly move,
which is a little bit interesting when you follow these things.
Right now, about four hundred thousand customers have no power
in Louisiana, fifty two thousand in Alabama, and I'm sorry
fifty two thousand and Mississippi. Ten thousand in Alabama. As really,
they're just getting first light and trying to figure out
(30:08):
what the heck happened last night.
Speaker 1 (30:09):
I talked to my brother yesterday. Of course, the house
was boarded up, the generator was ready to fire, and
that was about all they were thinking about it. That
turns out to be what it is, mostly a power event.
So far. We didn't have a spacewalk, and this spacewalk
is important. Why because these aren't astronauts doing it right.
Speaker 5 (30:29):
Well, yeah, it's a loose we used the term astronaut
loosely these days. But yeah, this was interesting because it
was all done by private companies. Billionaire Jared Isaacman working
with Elon Musk and SpaceX to finance this mission that
included the spacewalk that happened today. Four people on board
the Dragon Capsule, but only two of them were took
(30:52):
part in this spacewalk that sort of went outside. But
it's interesting because they had to pop the top on
the capsule in order to go out, so everyone inside
was exposed to the vacuum of space as well. So
SpaceX likes to say that all four were actually taking
part in today's spacewalk. It wasn't a whole lot of action.
(31:12):
It was really a test of the space suits, primarily
their first flight. So Jaredis had been essentially got up
about his knee being exposed to space, twisted and turned
himself using a grab bar system believe it or not,
called the skywalker, so you can test the hips, the knees,
(31:33):
the arms, the legs, the head and their mobility. And
then his co passenger there also did the same in
her space suit. So the whole thing took a couple
of hours for them to do, but pretty remarkable. It's
all being done by private tech, not the government.
Speaker 1 (31:49):
I know it's not the serious tower anymore, but I
grew up in Arlington Heights, Illinois. It'll always be the
Series Tower to me. Somebody got the big idea to
make a glass square that from the observation deck you
can step out and I mean there's nothing under you,
nothing in front of you, and just one hundred and
something stories is beyond anything I can do. Can you
(32:09):
imagine the view from up there. But it's more of
about than just giving them a great view, right, What
are we ultimately wanting them to do in this well,
for Musk.
Speaker 5 (32:18):
And Jared, this is a test of the suits because
they want to be able to use these obviously for
future projects to the Moon, to Mars. You know, spacewalking
capabilities are important. Look, the NASA astronauts go on these
spacewalks all the time and they're not really news and
the walking is actually much more impressive. But the fact
that these are the first time for these suits, that
(32:38):
it's all done commercially, you know, that's what's special here.
And they call this a developmental mission, something that is
part of of the bigger journey, but it's also a fundraiser,
you know, Jared is does this for Saint Jude's Children's Hospital.
I think this first mission raised about two hundred and
forty million dollars, so the hoping to do that again.
(32:59):
For Saying Tunes with this flight, he's bought four SpaceX flights.
This was number two and.
Speaker 1 (33:05):
It was the big I think farbe it. You're the
NASA expert, But it was about the suits and pressurization
and how they would hold up, and making sure that
they could test them properly, because if they weren't pressurized
and they opened, they could get them pressurized, but at
that point the walk would have been off. Everything went smoothly, so.
Speaker 5 (33:23):
Right, well, and what's interesting, they also had to get
four space suits working simultaneously. You know, NASA doesn't do
that and the space station doesn't do that even when
they do do those complicated spacewalks that you know, we
are out of the of the space station for six
eight hours. That's two space suits. So the fact that
they had four people all in suits that was a
(33:43):
record as well. And that's nothing to sneeze that. That's
an impressive accomplishment for this new technology.
Speaker 1 (33:50):
It does look a little like Doctor Evil's spacecraft and
the way the top opens and comes out right. I
don't know if that inspired the design or not, but
I always appreciate talking space with ore O'Neal. We're all
in this together. This is your Morning Show with Michael
vantel Choo
Hi, it's Michael. 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, our Talk six
fifty KSTE in Sacramento, California. We invite you to listen
live while you're getting ready in the morning, and to
take us along for the drive to work. But as
we always say, better late than never. Thanks for joining
(00:21):
us for the podcast two.
Speaker 2 (00:23):
Three, Starting your morning off right. A new way of talk,
a new way of understanding, I hope because we're in
this together. This is your morning show with Michael del Johno.
Speaker 1 (00:38):
Thank you, Mike mccannon. As Brent Musberger would say, you
are looking live at Thursday September twelfth, twenty twenty four
on the Aaron streaming live on your iHeartRadio app. This
show belongs to you. This is your morning show. Honor
to serve you. I'm Michael del Jarno, Honored to serve me.
It's Jeffrey Lyon. I'm right at the controls and if
(00:59):
you're just waking up. Her Francine was a Category two
when it made landfall in Louisiana. Now a tropical storm
north of New Orleans and moving into Mississippi and Alabama.
I have feared this from the very beginning. We knew
it would be a powder a power issue for Louisiana.
There's some four hundred thousand without power. I worried about
it hitting the New Tornado Alley and being a tornado
(01:20):
story later on for the middle of America. Let's hope
that's not the case. But let's keep an eye on
Alabama and Tennessee today and tomorrow for the storms that
to her what's left of Franccene will produce neils. To reports,
sixty seven million people watch that show down between Donald
Trump and Kamala Harris. Yes, it was on ABC and
hosted by ABC, but it was on all the major
(01:40):
networks and all four major cable news networks. And just
an amazing story of John bon Jovi in Tennessee filming
a video and sees a woman would appear to be
preparing to jump off a bridge, talks to her, gets
her off the bridge. She got the care she need. Man,
that's the power of love. Gang. I know I should
be obviously saying, living on a prayer, which would be
(02:01):
the bon Jovie song, but no, it's more of a
Huey Lewis. That's a power of love. You don't have
to be a trained cop. You don't have to be
a trained firefighter. When America is craving with the lonely,
starving spirits of Americans are craving, is connection with other
human beings and people who care. And John bon Jovi
did and it worked. It's my favorite story of the day.
Now everybody's fighting about who won the debate. I'll take
(02:23):
the politics out of it. ABC was despicable, Kamala Harris
probably won. Nobody really cares because the reality is, if
you're for Donald Trump, you know he lost the debate,
but you're still voting for him. And you'd have thought
Kamala Harris won no matter what, unless she pulled to
Joe Biden, and she certainly didn't. So the question is
will there be a second debate. I don't think there
(02:44):
will be. I think it'll there's only time for and
probably strategically, the only thing that's really advantageous for Donald
Trump is late. Let Jade Vance take the fight from here.
But one of the big fights was about the economy
and that's some like it's some kind of political debate
and who's to blame for it? But what's the reality
(03:05):
of it? What is the actual economy and what corrective steps,
if there are any, are needed to be prioritized. We're
going to ask our economists and money with David Boonsen,
and I'll take the politics out of it. I think
both parties are a part of the problem. The main
focus should be the debt of this country and what
(03:26):
is the proper size and role of government and zero
based prioritize budgets and then what's the role and responsibility
of the self governed. But let's take politics completely out
of it, and let me ask you, David, what is
the state of our economy right now?
Speaker 3 (03:40):
Well, the state of the economy right now, for any
objective observer is what we call mix. There are data
points that are indisputably positive, and they are data points
that are indisputably negative, and there are a whole lot
of data points that are ambiguous about which direction they're going.
And so it's the actually a mixed picture when you're
(04:02):
describing the present tense. Now, the political aspect of this
is more focused on the past tense? What was the
economy throughout the last three and a half of years.
What was the economy throughout the Trump administration? And then
the future tents? What will the economy be? And that's
the category by which I am dumbfounded. Fans of both
(04:27):
candidates are willing to put up with the answers.
Speaker 1 (04:30):
All right, thing, by the way, let me let me
get everybody mad at me instead of you. All right?
So what did what did David just describe? What is
the current mixed reality of the economy? What was it
prior to COVID in the Trump administration post COVID. That's
huge because what that takes into account is the two
things that matter, in my opinion, But you're the economist,
(04:51):
not me. The most one the reaction to COVID, which
devastated the economy because they were dumb actions and it
politicized and by the way, that started with Trump and
was finished with Biden and Harris. So they're both at
fault for COVID, and as the Republicans and Democrats are
fighting about now and do over and over again, they're
(05:13):
both responsible for pandering for votes that leads to higher
debt and debts the real problem. I mean, you ignore
COVID and debt. Well, no wonder you don't understand the
reality of the economy and who's to blame both?
Speaker 3 (05:29):
Well, well, that's exactly right. But I'll ask you how
many questions were there, how many answers were there, how
many comments were there Tuesday Night's debate about debt?
Speaker 1 (05:38):
The answer zero zero? Well, COVID it's a joke.
Speaker 4 (05:42):
It's a joke to think we're going to talk about
economic growth or my plan on what I call the
what you say, the transformational economy they asked for, you know,
the missional economy, all these big buzzwords and President Trump saying, well,
we're just the greatest economy we've ever.
Speaker 3 (05:59):
Had, and you say, ok, hey, will you give me
one example, one policy, one data point. The only policy
I've gotten out of President Trump is depends to raise
taxes with a terrorists. And the only policy you've gotten
from Kamala Harris is she wants price fixing like Kuba
and the Soviet Union, and government subsidies are housing. I
(06:20):
just cannot believe we're putting up with this lac of
national conversation.
Speaker 1 (06:25):
David Boson is our economist in Money wiz joins us.
Every week you brought up two really bad moments. You
brought up Kamala's, but Donald's was equally And then ABC
of course was pressing Donald but not her, and guiding
her and letting her get away with it. But when
they pressed him, he couldn't say anything. So I got
some ideas right now, but I don't have any plans. Meanwhile,
Kamala is cutting and pasting the Biden plan. America has
(06:48):
to find better leaders than what they found, that's for sure.
I said it this way, David, I mean, where are
the FDRs, Where are the Trumans, Where are the Kennedys,
Where are the Reagans? Where are the gerald Ford's? I mean,
how do we get to this?
Speaker 3 (07:05):
All?
Speaker 5 (07:05):
Right?
Speaker 1 (07:05):
So cut through the nonsense. COVID and debt is what
we're battling. How do we get out of this?
Speaker 3 (07:15):
Well, that's a very long term issue to deal with debt.
I mean COVID now, at some point I think will
require a national repentance for the idiotic policies and implementation.
But that's not going to happen. So you know, big picture,
you talk about long term government debt. Here's what I
just want to leave listeners with. It's thirty five trillion dollars.
(07:38):
We own the credit card and we're adding about two
trillion a year to that. And the big debate we're
having is should we keep adding one trillion a year
or two trillion a year? That's the debate, not paying
it down, not bouncing the budget, not stopping how we
grow it? Do we want to add one or two
trillion more per year? That's what the word deficit means,
(08:02):
the annual amount we add to the debt.
Speaker 1 (08:04):
By the way, don't and that, by the.
Speaker 3 (08:06):
Way, without a recession, that's all, without a war, that's
only good times. We're adding a trillion or two trillion
a year.
Speaker 1 (08:14):
By the way, don't try that at home with your wife. Okay, honey,
we're completely in debt. The credit cards are max. What's
our plan? You're gonna get a second job, a third job?
Should I get a job? Note? We're going to spend
one thousand more. What if I was running for president, David,
I'm gonna take a crack at this because I know
it's too big of a topic. But what if I
said this, Hi, I'm Michael del Journal, I'm running for
(08:35):
president of the United States and America has a spending
and debt problem, and you can't spend in debt your
way out of it. I'm proposing a zero base, prioritized
balanced budget, no continuing resolutions, one budget, one budget that
lasts for two years the term of the Congress, a
flat and fair tax system, term limits for all politicians
in all offices, only paper, in person voting. US senators
(08:59):
return learn too, being appointed by their states. And we
divide the debt among the total number of tax payers,
and we send them the bill and we start paying
it down. Would I fix some things?
Speaker 3 (09:12):
So a lot of those things would be problematic in
my opinion. Some of them are brilliant and need to happen,
and so it's to mix bag. And some of them
are not necessarily economically orient and there questions of jurisprudents
and governance, you know, how senators should be elected and
so forth. But as politics is the art of the possible,
(09:32):
you know, I don't think we're in a position where
somebody who makes twenty thousand a year is going to
pay an equal portion of the debt as someone who
makes twenty million a year.
Speaker 6 (09:42):
And so how we deal.
Speaker 3 (09:43):
With the current level of debt is one thing, but
you have to start the premise. Number one in your
economic bank when you're running for office has to be
the beginning of stopping the additional debt.
Speaker 5 (09:57):
That's the issue.
Speaker 1 (09:58):
Yeah, stop the bleeding first to them.
Speaker 3 (10:00):
But I also want to say, Michael, that the biggest
problem would not be Oh, the politicians don't like it.
They would be the people. Because if you said balance
the budget, everyone goes yes, zero based budgeting. Yes, okay,
now we have to make some adjustment social security. No,
now we have to cut the Department of Education. No,
now we have to cut food stamps.
Speaker 6 (10:21):
No.
Speaker 3 (10:22):
See, everybody hates Congress, but most people like that they're
congressmen or congresswoman. Everybody hates government spending, but nobody wants
to cut they are a government spending.
Speaker 1 (10:36):
Let me let me add something for you the theologian
as well. Everybody knows that sin is leading to consequence
and death, but they love it while they're doing it,
don't they. So the reality is, do we have a
Congress that's out of control and just pandering to voters,
or do we have voters that are inconsistent and disingenuous
and actually like the freebies that's the real problem, right, and.
Speaker 3 (10:57):
It's been the problem since first Samuel six sixteen seven.
The people wanted a king. And this is the story
of statism is statism is invided by people who want
to be governed wrongly. They want their it's a substitute God, Michael.
They want a messianic view of the state where somebody
(11:19):
else can use power to give them things they can't
get for themselves.
Speaker 1 (11:25):
This happens sometimes I get more interested in you the
theologian than you the economist. But you know, as much
as we celebrate some of the kings in the Old Testament,
it was never God's plan for there to be a king.
Nobody ever brings that up. My pastor and you are
the only two of my life that have ever brought
that up. And then they got stuck playing the king game,
and God gave them David Well.
Speaker 3 (11:47):
And that's a very important point because you've talked a
lot on your show about my book Full Time, and
I make the argument in the book that there's two
things we know were created before stin End of the World.
Speaker 1 (11:58):
One is work.
Speaker 3 (12:00):
Two is the family, the state, the king, the civil
magistrates that became necessary because of sin. Work was not
necessary because of sin work. Predaated sin work was our
creative purpose. So the theological point you're making is actually
a very important economic one.
Speaker 1 (12:18):
Well, yeah, no, I'll take that rebuke. Listen, We're supposed
to be one nation under God, indivisible, and as I
look at our republic and the state of our economy
and the state of our character and our nation, work
and family are the two most diseased aspects of our country.
(12:41):
No wonder that thirty five trillion dollars in debt is
the monetary expense of losing who we are and what
we were intended to be, especially with work and family.
Speaker 3 (12:53):
Amen. I mean, that's a beautiful way to put it.
I agree completely. Thirty five trillion of debt was a
replacement of something else on the national p and L.
We could have been adding and making deposits into church, communities, families, marketplace. Instead,
we were taking liabilities in the form of chancefer payments
and government weights.
Speaker 1 (13:15):
One of the great thrills of doing this show, and
it's about to expand dramatically, is to bring voices, because
there's a sea of voices out there. There's information every everywhere,
but there's very little understanding and very little of the
right voices getting the exposure. It is my pleasure to
expose this audience to great minds like David bonson full
(13:35):
Time work dot com if you'd like to buy his book,
and we'll talk again next Wednesday. Bottom line is our
economy is a serious issue, and we don't have either
candidate very serious or not serious enough.
Speaker 3 (13:48):
Well that'ctly right and unfortunately probably the case that that's
because the people aren't serious enough about it. We have
got to get more serious about the economy as a
people to make our candidates and just real quick, Michael,
it's full time book dot com, not full time work
dot com.
Speaker 1 (14:05):
Oh that's right, full time book dot com. Thank you
for correcting me. Always a pleasure. David Bonnson with a
Bonson Financial Group, our economist and money wiz. Thanks for
joining us. We'll talk again next week. This is your
Morning Show with Michael del Truna. For just waking up.
Donald Trump says the moderators during the ABC debate in
Philly did nothing but help Kamala Harris. Mark Mayfield has
(14:27):
that story.
Speaker 6 (14:27):
Trump said he won the debate.
Speaker 1 (14:29):
But this one was stacked.
Speaker 7 (14:32):
I figured it would be after watching one hundred percent
positive coverage of her.
Speaker 6 (14:36):
He added, he's getting great reviews. He said that because
he won, he's not sure if he should do another
debate with Harris. Mark Mayfield, Well.
Speaker 1 (14:43):
His investors definitely lost. Trump Media stock is hoping for
a rebound today. Shares in the company that owns the
former President's Truth social platform plummeted more than seventeen percent.
Yesterday could have been the big Taylor Swift endorsement potentially.
Jacqueline Carl has more on that BECU baby Now we Got.
Speaker 8 (15:05):
And a social media post just minutes after Tuesday Night's debate,
the singer said she'll be voting for Harris because she
fights for the rights and causes she believes in. Swift
went on to say the vice president is a steady
handed and gifted leader and that we could accomplish so
much more in this country if we were led by
comm and on chaos. Swift appears holding a cat in
the post and signed it Taylor Swift Childless cat Lady,
(15:28):
referencing jd Vance's recent claims about Democratic women owning cats
instead of having children. Jacqueline Carl NBC News Radio.
Speaker 1 (15:35):
This just did Nobody cares what she thinks politically. I
love the Babylon be meme. It's got a picture of
her singing and it says, woman who made a career
singing about her bad choices endorses Kamala Harris. We know
all too well in Tennessee. Her endorsements never pan out
to victory. But that's the latest done her. I guess
we're gonna have a lot of claims thanks to Jacqueline
who's made landfall and the potential damage from tornadoes even after.
(16:00):
And that's not good news because just over a court
of American homeowners say they're not prepared financially in the
case of extreme weather events. Brian Shook has more.
Speaker 9 (16:07):
That's according to a bank Rate survey, Midwesterners tended to
be the most prepared for a natural disaster, with less
than twenty percent saying they're unprepared. The most likely to
say they're unprepared are in the South at nearly thirty percent. Meanwhile,
fifteen percent said they would need to go into debt
to afford the deductible under their homeowner insurance policy if
(16:29):
their home was hit. I'm Brian Shook him.
Speaker 1 (16:31):
Michael and your morning show is heard on Great Radio
stations across the country like one oh five, nine twelve
fifty WHNZ and Tampa, Florida, News Radio five to seventy
WKBN and Youngstown, Ohio and News Radio one thousand KTOK
in Oklahoma City. Love to have you listen to us
live in the morning, and of course we're so grateful
you came for the podcast. Enjoy if you're just waking up.
(16:53):
Hurricane Franccene did make landfall in Louisiana as a category two.
Now just a tropical storm well known north of New
Orleans and heading through Mississippi and Alabama on its way
here to Tennessee. We're right now dealing with a power
event four hundred thousand without power in Louisiana and concerned
for a tornado event in Alabama, Tennessee and further as
(17:16):
what's left to Francene makes its way into central US.
Neilson reports sixty seven million people watch the showdown on
Tuesday between Trump and Harris on all the major networks
as well as all the major cable networks. And for
the first time in twenty years, the wage gap between
men and women has widened. See you get all the
politicians focused on closing that gap, and what happens, it
(17:39):
actually widens. This looks like it's going the way of
the work as poverty. Aaron Reyale has our reality of
the day. Good morning, Aaron, Yes, I know.
Speaker 10 (17:48):
So the wage gap here, we're seeing it again. Is
it not the direction that we want to see you
go in, but it's going. This is the first time
significantly widened for each gender. This is the first time
since two thousand and three, men's meet in earnings rows
three percent, women only one and a half percent. So
here's the good news. And I don't want to I
think that we need to accept progress and sometimes it's
(18:09):
not a completely you know, it's not like a linear
thing here. So we started closing the gap, but it's
slow going. In two thousand, women made seventy four percent
of what men made. So the fact that we are
at eighty three and dropped a percent from last year,
it's better than seventy four. But Michael, the wagecraft doesn't
actually mean that women earn less than men for the
(18:29):
same types of job, but that does happen. What it
shows is like the inequality between men and women in
the labor market, and that's because women make up the
majority of low wage workers in the US. This is
partially because they want to find jobs that accommodate schedules
for caretaking, and those jobs tend to pay less. So
there you have it, all right.
Speaker 1 (18:49):
So this is kind of reminding me of like when
we're talking about inflation and or cost of living and
that we say, well, it's we're going to look at
now in a capsule, and then we'll avoid comparing it
to a decade ago or twenty years ago today, or
how we got here, or any of the reasons and
just say, okay, well, three percent pay increase for men
(19:13):
one point five for women. Neither very impressive, and neither
keeping up with the cost of living, especially with the
items that matter most. Right, I mean that's the bad,
so bad news for everyone and a little bad news
for women.
Speaker 10 (19:28):
Yeah, listen, it's now what I also think is really
interesting about this, Michael. You know, women make up the
majority of low wage workers in the US, and the jobs,
like the type of job that women do often pays
less than men. An example that would be housekeepers. They
typically don't make as much as janitors. And that kind
(19:49):
of blew my mind where you're like, oh, what why,
Like that's so similar. That's where I think the problem is.
And it also gets to the question of like meritocracy,
meritocracy is good, identity politics are bad. That works both
ways when it comes to gender. If you can do
the job, and you can do the job well, you
should be compensated regardless of your gender.
Speaker 1 (20:07):
Obviously, we've done a better job at equity diversion and
inclusion then we have at equal pay. I mean, that's
a nasty way for me to bring up the topic.
And I think equity diversion and inclusion is coming to
an end, and then maybe we can focus on best
people for the job, equal pay for all based on
their experience and what they bring to the table. So
(20:29):
what's the bottom line. What do we make of this?
Speaker 10 (20:31):
Arin we make of it that you know, progress is
not always smooth, there's peaks and valleys. Overall, we're improving
in the right direction. The pandemic made a lot of
things weird. A lot of women had to leave the workforce,
and we do know that women the childcare burden often
falls on their shoulders. Still, so knowing that that is
the reality and knowing that we are making progress, let's
(20:53):
get back on a horse and continue in the right direction.
Speaker 1 (20:55):
I will say this too that needs to be noted.
And this is for both because post COVID men and
women are working from home, but for women in particular
this has been huge because then you take the child's
care out of the equation, not just in terms of expense,
but in terms of pouring your life into your children.
That's huge. That's a huge benefit, especially for women. And
then I wonder too, Aaron, the gig economy. You know
(21:18):
those number are some about more women in lower paying jobs.
I'm guessing I don't know, but I would guess the
gig economy might even lean a little female over male.
Speaker 10 (21:29):
I don't have any data on that, but I bet
you you're right. And it's just that, you know, flexibility
is crucial when caring for children. You have to have that.
It's not an option. Things happen, and if you don't
have that flexibility, then there you can't do the job,
and you're going to leave the workforce altogether. And we
do know that the lack of female participation in the
workforce costs the US economy or GDP, like the overall
(21:53):
revenue billions of dollars a year. Like you want to
be able to have workers. That helps overall is an
economy and society. And if you can't have half of
them because the childcare burden is too much, then therein
lies a bigger problem.
Speaker 1 (22:06):
Even more importantly, without it, we have twelve minutes of
dead air every day. We need you in the economy.
Aar rayal, great reporting. We'll talk again tomorrow.
Speaker 7 (22:18):
To get in you too.
Speaker 1 (22:19):
From forty one minutes after the hour, the Pavivia nineteen
minutes to be to work on time. These are your
top five stories.
Speaker 2 (22:26):
Of the day.
Speaker 1 (22:26):
Well, now they're debating over who won the debate, and
they're debating over whether or not the debate again. We
just can't stop fighting, Mark Mayfield has Today in politics.
Speaker 6 (22:34):
A rematch between Donald Trump and Kamala Harris is up
in the air. Shortly after Tuesday's debate, the Harris campaign
called for another, but as of late Wednesday, Trump was
still on the fence.
Speaker 7 (22:44):
We won the debate according to every pole, every single pole.
I think that are we going to do a rematch?
I just don't know.
Speaker 6 (22:51):
Nearly every poll indicated that Harris won the debate. Trump says,
a fighter who loses always immediately asks for a rematch.
A swipe it for Harris campaign. There are several debates
on the table being offered by NBC, Fox and others.
An initial viewership number show ratings soared for the first
debate between Vice President Harris and former President Trump. Nielsen
reports more than sixty seven million people watched the showdown
(23:12):
on Tuesday across the four major networks and four cable
news channels. In comparison, just over fifty one million tuned
in for the June debate between Trump and President Biden.
The final total for the Harris Trump debate is unlikely
to break records. However, the most watched debate ever was
the first between Trump and Hillary Clinton in twenty sixteen,
which drew eighty four million viewers. That's politics. I'm Mark Mayfield.
Speaker 1 (23:34):
Well, RFK Junior and me don't have every issue in
common by a long shop, but we're both straight shooters
and rf K Junior thanks independent. Support for Donald Trump
might even drop after Tuesday's debate. In an interview with
Fox News, the former dependent candidate said Trump had an
airtight argument for his presidency, but he wasn't able to
make the case to the American public. Kennedy said Trump
(23:55):
got distracted during the debate and will likely lose support
from independent voters. Added that he still supports Donald Trump
over Harris, but Harris clearly won the debate in terms
of her delivery, Polish organization and preparation, And I got
to say, I think I agree with them. About one
in four Gen Z and Millennial adults say in a
(24:16):
new survey they don't have any plans for children. Tammy
Triheo has.
Speaker 11 (24:21):
More they're citing financial reasons. A new survey from mass
Mutual claims twenty three percent of adults ages eighteen to
forty three land to remain childless because they're concerned about
their ability to afford children. Many also claim they like
the financial freedom of not having kids. It's the first
survey from mass Mutual to ask millennials and Gen Z
(24:41):
adults there are reasons for not having children, so it's
not clear yet if it's a trend. I'm Tammy Triheo, Well.
Speaker 1 (24:49):
Let me give you a chance to live up to
Let me live up to that being a straight shooter.
If you're Taylor Swift, you're a performer and an artist,
it is certainly well within your rights to encourage all
of your fans to be a part of the voting process.
I just think it's stupid to alienate half your fans
or half of their parents that may pay for their
(25:10):
tickets for your concert and actually endorsing. I mean, nobody's
sitting around going I can't figure out who to vote for.
What does Taylor Swift say? In other words, get out
of politics and stick to music. And here's the biggest reason.
Look at the night you had last night. She was
the big loser in politics, but the big winner. At
(25:31):
the MTV Video Music Awards in New York, Swift won
the award for Video of the Year for Fortnite featuring
post Malone. She also directed that video, which one of
the best direction of a video, and her and post
Malone won Best Collaboration. In addition, Swift also took home
the awards for Artist of the Year and Best Pop Song.
Probably our favorite story of the day, hands down, has
(25:54):
got to be this Tennessee story. Police are saying and
praising John job for helping save a woman's life. Bon
Jovi was it? I feel like Casey Kaseum.
Speaker 7 (26:04):
Bon Joby was in Nashville filming a music video when
he noticed a woman holding onto the outside of a
bridge handrail, possibly contemplating jumping. Bon Jovi and a member
of his team approached the woman cautiously talked with her
for several minutes before helping her back to the sidewalk.
The two embraced before she left for hospital treatment. Nashville
(26:28):
Metro PD thank bon Jovi, saying it takes all of
us to keep each other safe.
Speaker 1 (26:34):
Now I'm with the countdown.
Speaker 8 (26:38):
I am actress Lisa Varga, and my morning show is
your Morning show with Michael del Jorno.
Speaker 1 (26:43):
One of the narratives you're gonna hear this is our
look forward for the day, by the way, is you're
gonna hear all about how bipartisan everything was at the
nine to eleven commemoration, even how Joe Biden put on
a Maga hat for a couple of seconds. But what
wasn't bipartisan was a former fire department chief's widow and
her criticism of President Biden the community.
Speaker 12 (27:09):
Who knows what might have transpired. It has been twenty
three years, and the families deserve justice and accountability. The
elect officials here today show their respect and reverence to
(27:33):
the families. On September eleventh, or in our president's words
June nine eleven. Quite a flippant remark, but please remember
that the September eleventh families lived every day.
Speaker 1 (27:48):
By the way, a lot of beautiful comments there. Time
says I have to move on. I'd like you to
hear him. She's pretty critical of some Biden administration policies
and exchanges with terrorists. This reminds me of we talked
about yesterday, and that is this was not a news event.
This was a human tragedy and for these families, that
grieving continues and it's real. That's number one. Number two.
(28:12):
This war on terror is not over. In fact, I
would contend we are as vulnerable today as we were
on nine ten, two thousand and one, of such attack
happening again. It's one thing to remember and it's another
to honor. To remember is the function of the mind.
To honor is a function of the will and the
heart to see to it. Not only that we're respectful
(28:35):
to the loss these family members that we don't do
nine to eleven. That's number one. Number two is there's
still a war to win, and we can either be
victims or victors, and the ultimate defeat would be a
victim mentality, and it makes it more likely to happen again.
You won't hear much about that in the news today.
(28:56):
Hurricane Francine arrived at category two well north of New
Orleans and my brother and heading into Mississippi and Alabama,
which brings up what I always bring up, the New
Tornado Alley, which extends from about Meridian, Mississippi, through Tuscaloose
in Birmingham and up into Tennessee. It's been a power event,
(29:16):
mostly for New Orleans. In a hurricane event in New Orleans,
roy O'Neil's joining us. I'm concerned it's going to be
a tornado event moving up through the country.
Speaker 5 (29:25):
Well, it's breaking up and dissipating relatively quickly. It's now
a tropical depression maximum sustained winds thirty five miles per hour.
As you mentioned, it came ashore as a cat too,
with one hundred miles per hour winds late yesterday afternoon.
So now that it's over land, it is losing a
lot of its source of strength. So thankfully it is
(29:46):
starting to dissipate, but going to take a north northwesterly move,
which is a little bit interesting when you follow these things.
Right now, about four hundred thousand customers have no power
in Louisiana, fifty two thousand in Alabama, and I'm sorry
fifty two thousand and Mississippi. Ten thousand in Alabama. As really,
they're just getting first light and trying to figure out
(30:08):
what the heck happened last night.
Speaker 1 (30:09):
I talked to my brother yesterday. Of course, the house
was boarded up, the generator was ready to fire, and
that was about all they were thinking about it. That
turns out to be what it is, mostly a power event.
So far. We didn't have a spacewalk, and this spacewalk
is important. Why because these aren't astronauts doing it right.
Speaker 5 (30:29):
Well, yeah, it's a loose we used the term astronaut
loosely these days. But yeah, this was interesting because it
was all done by private companies. Billionaire Jared Isaacman working
with Elon Musk and SpaceX to finance this mission that
included the spacewalk that happened today. Four people on board
the Dragon Capsule, but only two of them were took
(30:52):
part in this spacewalk that sort of went outside. But
it's interesting because they had to pop the top on
the capsule in order to go out, so everyone inside
was exposed to the vacuum of space as well. So
SpaceX likes to say that all four were actually taking
part in today's spacewalk. It wasn't a whole lot of action.
(31:12):
It was really a test of the space suits, primarily
their first flight. So Jaredis had been essentially got up
about his knee being exposed to space, twisted and turned
himself using a grab bar system believe it or not,
called the skywalker, so you can test the hips, the knees,
(31:33):
the arms, the legs, the head and their mobility. And
then his co passenger there also did the same in
her space suit. So the whole thing took a couple
of hours for them to do, but pretty remarkable. It's
all being done by private tech, not the government.
Speaker 1 (31:49):
I know it's not the serious tower anymore, but I
grew up in Arlington Heights, Illinois. It'll always be the
Series Tower to me. Somebody got the big idea to
make a glass square that from the observation deck you
can step out and I mean there's nothing under you,
nothing in front of you, and just one hundred and
something stories is beyond anything I can do. Can you
(32:09):
imagine the view from up there. But it's more of
about than just giving them a great view, right, What
are we ultimately wanting them to do in this well,
for Musk.
Speaker 5 (32:18):
And Jared, this is a test of the suits because
they want to be able to use these obviously for
future projects to the Moon, to Mars. You know, spacewalking
capabilities are important. Look, the NASA astronauts go on these
spacewalks all the time and they're not really news and
the walking is actually much more impressive. But the fact
that these are the first time for these suits, that
(32:38):
it's all done commercially, you know, that's what's special here.
And they call this a developmental mission, something that is
part of of the bigger journey, but it's also a fundraiser,
you know, Jared is does this for Saint Jude's Children's Hospital.
I think this first mission raised about two hundred and
forty million dollars, so the hoping to do that again.
(32:59):
For Saying Tunes with this flight, he's bought four SpaceX flights.
This was number two and.
Speaker 1 (33:05):
It was the big I think farbe it. You're the
NASA expert, But it was about the suits and pressurization
and how they would hold up, and making sure that
they could test them properly, because if they weren't pressurized
and they opened, they could get them pressurized, but at
that point the walk would have been off. Everything went smoothly, so.
Speaker 5 (33:23):
Right, well, and what's interesting, they also had to get
four space suits working simultaneously. You know, NASA doesn't do
that and the space station doesn't do that even when
they do do those complicated spacewalks that you know, we
are out of the of the space station for six
eight hours. That's two space suits. So the fact that
they had four people all in suits that was a
(33:43):
record as well. And that's nothing to sneeze that. That's
an impressive accomplishment for this new technology.
Speaker 1 (33:50):
It does look a little like Doctor Evil's spacecraft and
the way the top opens and comes out right. I
don't know if that inspired the design or not, but
I always appreciate talking space with ore O'Neal. We're all
in this together. This is your Morning Show with Michael
vantel Choo
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