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December 19, 2024 30 mins

How different is Christmas today from THE actual Chistmas?

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Episode Transcript

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Speaker 1 (00:00):
Hi, it's me Michael. Your morning show can be heard
on great stations across the country like Talk Radio eleven
ninety in Dallas, Fort Worth, Freedom one oh four point
seven and Washington, d C and five point fifty k
f YI and Phoenix, Arizona. We'd love to be a
part of your morning routine or take us along on
the drive to work. But as we always say, better
late than never. Enjoy the podcast.

Speaker 2 (00:22):
Starting your morning off right. A new way of talk,
a new way of understanding. Because we're in this stige.
This is your morning show with Michael Gill Charman.

Speaker 3 (00:35):
Are you proud of me?

Speaker 1 (00:37):
Dad? Dad left me a gilt boyemail yesterday. I like
the though he doesn't. It clears his throat, like he's
getting ready to a set. Dad was a very successful
radio personality for over fifty years. It clears before Hey, moke,
it's your father, Like I didn't know that right, But

(00:58):
the beat gets somber there it's your father. I've left
two messages. Could you call me despiration? I felt so guilty,
but you.

Speaker 3 (01:10):
Know, busy caring for his discarded wife.

Speaker 1 (01:12):
This national show two moms kids, I still fell asleep.

Speaker 3 (01:17):
Your parents guilt? You as well, I thought, Oh my god.

Speaker 1 (01:20):
I talked to my wife about that all the time
because my dad is the worst about it.

Speaker 3 (01:24):
We'll be sitting there visiting and he'll go, well, I
guess this is the last time I'm going to see
you for a while, you know, don't make it so long.
And I'm like, can we just enjoy this day?

Speaker 1 (01:35):
And for all my life, my dad would never discuss
his age. Now it's all he discusses.

Speaker 3 (01:40):
You know, I made six years old. I could die
any second.

Speaker 1 (01:43):
Wow, that's just that is like, that's the ace of
spades and the guilt that you know.

Speaker 3 (01:49):
I mean, that can die any minute. Well, I've don't
call you back.

Speaker 1 (01:53):
Good morning, it's eight minutes after the hour. I threatened
to strike, but I'm too poor, so here i am.
But Amazon workers did go on strike. That could affect
Christmas gift deliveries, mainly in a region primarily in the
New York, New Jersey area that lord rates for a
third time. The TikTok has found its way all the

(02:17):
way to the Supreme Court. They're going to hear the
case on TikTok and John Decker's can have more on
that coming up in our third hour. With Christmas only
days away, there's a list of the most dangerous toys.

Speaker 3 (02:31):
What are you going to do? What are you going
to do? If you've already ordered it?

Speaker 1 (02:34):
It was kind of like that scene in the movie
AIRPLAYE where she's describing on it seems to be everybody
that ate the fish and.

Speaker 3 (02:38):
He looks down at the fishbox.

Speaker 4 (02:40):
Right.

Speaker 3 (02:41):
But we'll go through those dangerous with Jack and if they're.

Speaker 1 (02:45):
Already under the tree, you might want to remove them
and to help us all get into the spirit as
a tradition, new tradition for those of you because the
show hasn't been national until this year, is I count
down my top ten Christmas stories and songs. It's my
little Christmas Radio spectacular gift to you At number ten
was Johnny Mathis Need a Little Christmas Beach Boys at

(03:05):
number nine from Love Actually an Ode to Christmas Movies
with God Only Knows Our Ode to all you Christmas
Travelers was at number eight. Kenny Loggins Celebrate Me Home
at number seven, Harry Connick Junior with Please Come Home
for Christmas, Our Little Ode to Nolins Christmas and the
Carpenters were at number six This morning with Merry Christmas, Darling,
our ode to the empty chair and klay aken with Mary?

(03:26):
Did you know are owed to marry and Joseph and
their great faithfulness and courage? Now that brings us to
number four. Do you ever think about how different the
Christmas Night was compared to Christmas Eve today or in
our lifetime? I mean, for one, no one saw it coming,

(03:50):
right the commercials start here and the music starts here.

Speaker 3 (03:55):
Add ORed before Thanksgiving, then no one saw it coming.

Speaker 1 (04:02):
It may seem to you like it's bigger today, but
that's just a commercial illusion. In the same way that
we're surrounded by information. I mean, you have a world
of information on every possible subject right in your hand,
in your phone. Yet surrounded by voices and surrounded by information,

(04:27):
we have less knowledge and understanding than ever. Are we
any better remembering and truly hearing today than they were
at expecting then an entire world than only three wise men?

(04:49):
A king was promised, yet they missed every sign. Of
course a king has risen? Do we live like it today?

Speaker 5 (05:00):
Now?

Speaker 1 (05:00):
In their defense, who would have expected a king to
arrive in a barn and sitting in a feed trough?
About as many who would have believed that later, that
king with all power, all authority, would make his last
act before being arrested, washing the filthy feet of twelve men.

(05:25):
And yes, rarely ever discussed, We're rarely ever sermonized. In fact,
I've never heard one yes, including the feet of judas
he already knew would betray him.

Speaker 3 (05:43):
Think about that anyway.

Speaker 1 (05:46):
Here we are clung to this ball hung in the sky.
Two thousand plus years later. Do we have three wise
men among us?

Speaker 3 (05:53):
Today?

Speaker 1 (05:55):
We're surrounded completely by Santa Claus, Christmas trees, gifts, songs
about him. His name is front and center in the
holidays name itself.

Speaker 3 (06:09):
But do we really see? Do we really hear?

Speaker 1 (06:20):
It's not just a valid question, it's the most important question,
and it's our number four stop on our Your Morning
show Top ten Christmas Stories and Songs Whitney Houston and
do you hear what I hear? If you were listening live?
This is where the song would play after such an
emotional story. But we don't have licensing for the podcast,

(06:42):
but feel free to look it up and listen to
it online. You know, one of the things I'd love
to do is on Christmas Eve, after cookies have been made,
after fish has been eaten, after we've gone to servis
just a little time alone outside hoping it's a clear sky,
it's brisk and cold, and try to experience as much

(07:03):
as I can what that very first Christmas must have
felt like, with the reality that if you have a
child that's gone astray, the solutions in that manger. If
you lost your job this year, the solution is in
that manger. If you've gotten some really bad medical news,
the solutions in that manger. It's more important than ever

(07:24):
that we hear, know and see what they saw, because
it's just as real today. Wow, we've made our way
all the way to number four. Do you hear what
I hear? Whitney Houston? So from ten to four and
three to go in our top ten stories and Christmas
songs are Christmas Radio spectacular gift to you, And I
have to tell you that tomorrow when we get to three,

(07:44):
two and one. Two of them are really heavy lifting,
but they're necessary as we get our mind and our
focus on what the season is really all about, because
there'll be.

Speaker 3 (07:55):
Plenty of distractions of what it's not about.

Speaker 6 (08:00):
I'm Jeff Eddie with efficient hating and Cooley and my
morning show is your Morning Show with Michael del Jorno.

Speaker 1 (08:11):
Hi, I'm Michael del Jorno, and your Morning show can
be heard live as it's happening five to eight am
Central and six to nine Eastern on great stations like
six point twenty WJDX and Jackson, Mississippi, or Akron's News
Talk six fort WHLO and Akron, Ohio and News Radio
five seventy WDAK and Columbus, Georgia. We'd love to be
a part of your morning routine. But we're glad you're

(08:32):
here now enjoyed the podcast. Cannot not possible to have
a show called your Morning Show and not have your voice,
so suffer not their voices.

Speaker 3 (08:42):
Unto the Corey my yard boy. Hey Michael, this is Corey.
You know what else do you order to do?

Speaker 7 (08:50):
This great?

Speaker 3 (08:51):
Given lee covid?

Speaker 1 (08:53):
Did he get covid? Corey's a real friend. When I
lost my job, Corey just kept mowing the lawn and
no charge. I'll never forget that as long as I live.
That's living what you believe. But I'll never forget him.
And Scott caused Somemore, two very dear friends. They got
stuck with the worst, we had to go down to

(09:15):
New Orleans. We left it. I want to say it
was like six seven in the morning something like that.
Drove to New Orleans, got the U haul, loaded the
U haul. This condo wouldn't empty and it was not
good conditions. Finally got it all the SUV filled, the

(09:35):
U haul filled, we started heading home. We stopped at
Smitty's and we had just this big giant seafood boat. Then,
you know, I couldn't leave town without stopping a Cafe
Dumont and having some viignets.

Speaker 3 (09:50):
We had our viignees, and then you know, we kept
in the suv.

Speaker 1 (09:55):
You know, he kept losing him and so finally we
find out he's like, you know, thirty miles behind us.
So we slow up, we wait for him, and he
opens the door and there's like eighteen empty water bottles
and I'm like, well, no, wonder, you're constantly stopping. Why
are you drinking so much? So we said we'll just
meet you home and we didn't. We got home six

(10:17):
o'clock the next morning, no sleep. Having loaded. We slept
for two hours and then we went and unloaded into
Mom's apartment. That's a real friendship. But I don't remember
the COVID part. That must have about a different trip
that I wasn't on.

Speaker 7 (10:30):
Woody in Peoria, Michael, good morning, it's Woody in Arizona.
I've always liked this song, Mary, did you know? But
I've never heard that version before. Absolutely amazing. What an
awesome way to start the day.

Speaker 1 (10:45):
Thank you for that, and may have been Kley Aikins
only had to be honest with you. Let's go to
the final say to James.

Speaker 4 (10:51):
For me, Christmas is my favorite time of the year.
But it's also very, very sad in a way.

Speaker 3 (10:59):
That Jesus had a just to die for us. That
was literally the.

Speaker 4 (11:04):
Whole point of him coming to earth, and even while
being whipped, put a crown of thorns, hung on the
tree to die, he still prayed for a father to
forgive them, for they know not what they do.

Speaker 1 (11:21):
I get the sentiment, but there was a lot more
than that. It put flesh on God. It gave us
a chance to meet God, talk to God, hear from God,
be touched by God, see his nature compared to ours,
and ultimately reunite us with his Father for eternity. The
bittersweet part, Okay, there's a lot to celebrate, and all

(11:46):
the distractions that we have created are just that distractions.
Hopefully these top ten Christmas stories and songs are helping
you get your focus just before the holidays.

Speaker 3 (11:55):
All right, I only have about two minutes. This is
a big story.

Speaker 1 (12:01):
We're going to follow up next hour with John Decker.
But the Supreme Court will hear arguments over the TikTok ban,
Sally Patterson reports.

Speaker 8 (12:09):
Lawyers for byte Dance, its parent company, argue batting the
app would restrict those users free speech. They're asking the
Supreme Court to intervene before new legislation comes in next month,
which would prevent TikTok being used in the US over
national security concerns and alleged links to the Chinese government.
The new laws due to come in on January nineteenth,

(12:31):
that's just one day before Donald Trump's inauguration. The President's
elect met TikTok CEO on Monday. It is Mari Lango,
a state of Florida. Trump opposes the ban, Sally Patterson New.

Speaker 1 (12:43):
York Well, in the wake of the drone sightings in
the northeast and in the classified briefing of Congress, we
really don't have many answers, but the FAA is here
to help help you better identify the objects in the sky.

Speaker 6 (12:56):
The agency released a video explaining how all aircraft, including drones,
are required to have certain lights. The FAA says drones
must have a strobe light visible for at least three miles.
Several federal agencies said in a joint statement that there's
no national security threat at this time regarding the recent
drone sightings, but did confirm that some drones have been
seen flying near or over military installations. Many lawmakers and

(13:20):
others one answer is concerning who's operating those drones. Drone
pilots must generally obey certain flying rules, such as staying
below four hundred feet, keeping the drone in sight, and
avoiding any restricted airspace. The agency also emphasized that it's
illegal to shoot down a drone.

Speaker 3 (13:35):
I'm Tammy Trihillo.

Speaker 2 (13:36):
It's Your Morning Show with Michael del Chorno.

Speaker 1 (13:42):
The viag Ramaswami and Elon Musk revealed and highlighted fifteen
hundred and forty seven pages in the resolution, not the
least of which was a provisional race for Members of Congress.
The members of Congress that have walked US into thirty
six trillion dollars of debt. That's the primary that, along
with the COVID spending a cause for inflation and cost

(14:02):
of living increases. So you and I are struggling to
pay for gas, pay for groceries, pay for car insurance.
And they were going to give slip themselves a raise
of one hundred and seventy four thousand to two hundred
and forty three thousand. Isn't that nice? A seventy thousand
dollars pay raise. I can do the quick math, but
that's at least of what about a thirty seven percent increase?

Speaker 3 (14:26):
Forty? Was it forty?

Speaker 1 (14:28):
I'm pretty good at quick math, aren't I. How many
of you out there listening are going to get a
forty percent raise? This is a little something to think about.
And then we talked about not just Democrats thinking they
could get away with this type of business as usual
in Shenanigans, what about the Republicans that were poised to
handle it. Donald Trump says you ought to be primaried out.

(14:50):
This is a strong message. The way we talked about
it was, look, in a normal second term, you really
don't even get one hundred days. You get a first
one hundred day in your first term, you get about
twenty days in your second term, then you're a lame duck.
But this is different. It more than just feels different.
Donald Trump seems to be already running the country. He's

(15:13):
gonna have more like one hundred and sixty first days.
And whether you're a Republican or a Democrat, you better
wake up. Doge is real. Elon musk Vi Veik and
Donald mean business and killing This continuing resolution was even
a shock to me. But it shows they're already on

(15:34):
the job. Well, it is Christmas, and I don't know
what you have planned under the tree for the kids,
but we do have our list of most dangerous toys.

Speaker 3 (15:44):
Jack is doing some last minute Christmas shopping and he
will be with us momentarily.

Speaker 1 (15:49):
Momentarily. Yes, I assume the Red Rider BB gun is
not on that. The Red Rider bb list probably the
most famous of dangerous because of course, you know what
is danger Look at the things we did as kids.
Look at some of the things I've done as an adult.
I never forget my friend Scott cosmwore and I we

(16:11):
put a ladder on the top of the cab of
his pickup truck to try to fix a shingle at
my house?

Speaker 3 (16:17):
What's wrong with that? There? We were taking with those
famous last words, watch.

Speaker 1 (16:22):
Watch what I'm doing, I said, you know what, We're
gonna end up on a video of idiocy. All right,
Jack Rumbley is joining us. Jack, what are the Do
they do a top ten list? They do a top
five list, or just the list of things to look
out for. And I'm wondering how many of these are
already wrapped in under a tree.

Speaker 3 (16:37):
The Most Dangerous Toy list is out. Yeah.

Speaker 5 (16:41):
This is the World Against Toys Causing Harm, which is
a nonprofit that talks about how a child is treated
in a US emergency room every three minutes for a
toy related injury. This is their annual ten Worst Toys
of the Year. It's not ranked as like, you know,
number one's the worst or anything like that. It's just
a listing of the ten worst in their toys of
the year. The first one they list, though, is a.

Speaker 3 (17:03):
Could you speed it up? I'm just trying to do
some shopping for my son, Nick. Just get to the
list so I can make some notes.

Speaker 5 (17:09):
So there's a yeah, right, there's a there's a cold
forty five pistol that is pretty realistic looking. It's all
black except for like a little bit around the barrel
and a little bit around the trigger. The group says
that with the multiple reported tragedies from giving children realistic
looking toy weapons, they say there's no excuse for marketing
toys such as this cold forty five pistol that part

(17:30):
of the promotion of it says that it's so easy
to use, even a five year old can use it.
The group says that this is this is not the
sort of thing I.

Speaker 1 (17:38):
Should be sold as a toy that's not just dangerous.
Let's just read the room dumb, all right. Next there's
the Bristle hedgehog. This is a The group says it's
sold as a cuddly toy for babies as young as
twenty four months old, which would be a two year old.
The group says this toy's.

Speaker 5 (17:53):
Long, fiber like hair may not be adequately rooted and
is prone to shedding, which then means a kid could
ingest it, maybe choke on the fur from this little
stuffed animal.

Speaker 3 (18:03):
I don't know about that one, right.

Speaker 5 (18:04):
Next there's the Kinetic sand Sense ice cream treats. You know,
kinetic sand. This is sort of like Plato, but not
exactly like Plato. It's a little more sand like. And
so this is a it makes it looks like food.
It looks like ice cream. There's it looks like you
can make an ice cream sand which you can make

(18:25):
a parfait. And yeah, the group says that there's a
there is some choking hazard warnings on the box, but
I mean it comes with stuff to scoop and serve
it with, and it looks like food, and it's not
as far as I know. Maybe it's not non toxic
the way Plato is. So it's really not safe to eat.

Speaker 1 (18:41):
Yeah, I think yea to just get them a job
at thirty one Flavors and let them do it for
real and bring some money home.

Speaker 3 (18:45):
Right next, what else we got on the list?

Speaker 9 (18:48):
Here?

Speaker 5 (18:48):
There is the Wubble Rumblers inflatable furious Fist. This is,
you know, just basically one of those inflatable things you
put on your hand that sort of looks like a
boxing glove. In this case that though it does kind
of look like a fist, there's like fingers on it.
And it talks about how there are no warnings or
cautions when it comes to the potential for blunt force

(19:10):
or impact injuries. All right, you give me that gift
at five year You give that gift to my brother
Vic at five years old, and he's punching me in
the face with it five minutes later. Yeah, I mean,
what else are kids doing with this stuff? They're they're
they're not doing like slow motion pretending to hit there
that you think you got a big pillow on your hand.

Speaker 1 (19:28):
Why not just you know, give them a new phone
with the with TikTok already loaded.

Speaker 3 (19:31):
They'd be even better up, all right?

Speaker 1 (19:33):
Which one's funny? Oh well, funny I said that. I
shouldn't have said that.

Speaker 5 (19:36):
It's funny you said that because the next thing I
was going to bring up was the click and play
toy remote set. This is like a little three pack
of things, uh for it says not recommended for children
under one.

Speaker 10 (19:47):
Uh.

Speaker 3 (19:48):
It's three different little things.

Speaker 5 (19:49):
One of them is like a key chain that has
like a remote unlock button like you would have for
real keys. Another one looks like a little Nokia phone,
and then another one's like a little remote control and
they all have batteries, press buttons, and it makes noises
and it lights up. But the thing that the group
called out that I thought was pretty wild. It talks
about how there's a warning on the box that insplicably
instructs that the quote toy is not intended to be

(20:12):
mouthed by the baby and should be positioned clearly out
of reach of the baby's face and mouth.

Speaker 3 (20:19):
Hmm and fantastic.

Speaker 1 (20:21):
All right, Well, I guess gee, would we have rock'm
sockem robots, photo football, electric football? I'm trying to think
what if what we had when we were young. You're
younger than me, I think, Jack, what was like your
favorite toy? We didn't have any toys that were like this,
I don't think.

Speaker 7 (20:39):
Yeah.

Speaker 5 (20:40):
I mean I grew up in the eighties, so toy
guns were still definitely a thing. I mean I played
with g I Joe's as a kid. I did a
lot of like action figure GI Joe he Man stuff.
I never really got into the actual kid holding a
gun thing as much, or like cars. But you know,
it's there's a business, and there's so many businesses out there.
I think part of the reason this group does what
it does is because there's so many companies that are

(21:01):
just producing like you know, little cheap things that don't
really even have much in the way of packaging. And
if somebody sees something that might be easy because maybe
they can't afford a lot, this group wants to let
folks know, hey, there is still a price to maybe
be paid if you're not careful.

Speaker 3 (21:13):
Yeah, I'm wonder how many of these are already under
the tree? All right?

Speaker 1 (21:16):
So where can people learn more? If they want to
go check out the list for themselves.

Speaker 5 (21:19):
So the group has a website toysafety dot org and
you'll see it right at the top of the list.
It's ten worst toy list.

Speaker 3 (21:26):
All right.

Speaker 1 (21:27):
And the short term spending bill being considered by Congress
at the same time, the sender is looking at changing
social Security rules. Jack's gonna be back with that story
in the third hour. Thanks Jack. Good reporting. All right,
if you're just waking up, these are your top five
stories of the day.

Speaker 3 (21:47):
Well, in the wake of.

Speaker 1 (21:51):
The spending bill that was shot down by Donald Trump,
shot down by Elon mu and Thevekramswami, the House Minority
Leader Hakim Jeffries is speaking out on the rejection. Mark
Mayfield has more.

Speaker 11 (22:08):
House Republicans have been ordered to shut down the government
and hurt everyday americans all across this country.

Speaker 12 (22:22):
Congress announced Tuesday a deal had been reached to keep
the government open through March, but Republicans rejected it. After
Trump released his statement denouncing the bill, Jeffrey says the
decision will hurt every day Americans across the country, noting
that the deal had disaster relief funds and assistants for
families and veterans. He added that Republicans will own any
harm done by the government shutdown.

Speaker 3 (22:42):
I'm Mark Mayfield.

Speaker 1 (22:44):
Elon Musk is proving to be one of the loudest
critics of the spending bill that Republicans rejected. Telsey Gabbard, meanwhile,
also in the coalition, is headed to Washington Brian Shook
as our Road to the White House.

Speaker 13 (22:57):
Road to the White House twenty twenty four. Tulsi Y
Gabbert is back on Capitol Hill for meetings with senators.
Reports a President Electromp's pick for the next Director of
National Intelligence might have to work to get enough votes
needed for confirmation.

Speaker 14 (23:11):
There's a process from not looking forward to continuing to
English Senators.

Speaker 3 (23:15):
There's still a ways to go.

Speaker 13 (23:17):
The former congresswoman from Hawaii also said she's having a
great time the Democrat turned rode to the White House
twenty twenty four that was.

Speaker 1 (23:25):
An electronic toy glitch. A bill to keep AM radios
on dashboards of American automobiles may have to wait until
next year.

Speaker 9 (23:32):
Phil Hewlett reports the AM Radio for Every Vehicle Act
will not make it to the floor for a vote
before the one hundred eighteenth Legislative session concludes on Thursday.
That means it must be reintroduced in committee when Congress reconvenes.
This comes after months of advocacy from broadcasters, lawmakers, and
the public. The act had been waiting for a floor

(23:53):
vote since September. Supporters say AM is an essential source
of information and a lifeline to ring emergencies and natural disasters.

Speaker 3 (24:02):
I'm Phil Schultz.

Speaker 1 (24:03):
Disney is pulling a transgender story arc from its Pixar
animated series Michael Cassner has the details.

Speaker 5 (24:10):
You all did great today, but there is one person
who did.

Speaker 3 (24:15):
The same level as all of you, Just fantastic but better.

Speaker 14 (24:21):
Any win or Lose is set for release in February.
Minus the episode. The show focuses on a middle school
softball team in the week leading up to a championship game.
A Disney spokesperson said the story was removed because the
show was aimed at a younger audience. Parents might prefer
to discuss certain subjects with children on their own terms.
Transgender character is still in the show, but lines of

(24:43):
dialogue have been removed. Voice actors for a character who
herself is transgender said she was very disheartened and that
the trans stories matter and deserve to be heard. I'm
Michael Cassner, and that's your.

Speaker 1 (24:55):
Top five stories of the day on the NHL Ice Stars.
Fellow Mayple leaves five to three Ducks three to two
winners at home over the Jets. We do have Thursday
Night football tonight Sean Payton's Red Hot Broncos in LA
to take on the Chargers.

Speaker 3 (25:08):
This is your Morning Show with Michael Deltno.

Speaker 1 (25:12):
You know the two things I love most about doing
this show is you, the listeners, which is why we
feature you in the talkbacks so prominently, and then the
daily expert contributors that I'm able to share with you,
great minds, great hearts that help us understand the hour
in which we live and walk us through this journey.
And one I'm very grateful for all year long. Is
our economist, theologian and Money with David Bonson. David, Good morning, Well,

(25:38):
good morning, good to be with you.

Speaker 3 (25:39):
Michael. All right, it sounds like we're walking through Central Park.

Speaker 1 (25:41):
Down down one thousand yesterday, Nasdaq down seven hundred, SMP
down one seventy eight.

Speaker 3 (25:46):
What's it all about, Alfhill. It's not understated.

Speaker 10 (25:50):
It was one hundred and twenty three points, very different
than just a mere thousand.

Speaker 3 (25:56):
Well, it's also not overstated.

Speaker 10 (25:58):
You know, there was a time where the dowving down
a thousand points. What I meant, it was down over
one hundred percent, and yesterday it was down two and
a half percent. It doesn't rank in the top fifty
worse days of all time, so the points are very
different with this kind of math. But what's more interesting
is it was the tenth down day in a row,

(26:20):
and of course it just happened to be a very
big down day.

Speaker 3 (26:23):
But ten down days in a row has.

Speaker 10 (26:26):
Not happened since nineteen seventy four, which was the year
I was born. So that's it's quite interesting, And it
is a combination of things. Primarily, first and foremost, how
up the market had been so you just had such
a sort of irrational, exuberant jump up, and then you

(26:48):
are very touchy at that point with valuations so high.
So a little fed news here, a little Washington dysfunction there.
The Trump administration seems to be waffling on getting their
tax cut done.

Speaker 3 (27:01):
First.

Speaker 10 (27:02):
I don't think markets are liking that. So you just
have a few things going on at once that are.

Speaker 3 (27:08):
Causing markets to be dittering. And it shouldn't be any surprise.
The word is called noise. It is noise, all right.

Speaker 1 (27:14):
So it's that time of the year where we kind
of like look back, which is always a great exercise
because life is best understood looking backwards. Unfortunately, as we
live looking forward. When you look back at twenty twenty four,
the year in economic review.

Speaker 3 (27:27):
What do you see.

Speaker 10 (27:30):
Well, look, it was a very good year in the
economy in a lot of ways, and then there were
definitely other issues that are both not good or kind
of questionable for the future. And I think that's the
more important issue with economics is always forward looking. And
I do think that there's genuine questions right now about
where the next spurt of growth will come from. The

(27:53):
confidence that we saw in November came from hopes that
there would be energy and financial deregulation, obviously broader tax
reform that provides more incentive for production.

Speaker 3 (28:05):
So those things were all very healthy. But we are still.

Speaker 10 (28:08):
Dealing with multiple months of manufacturing contraction even as the
job market has been healthy.

Speaker 3 (28:15):
So there's a push pull, and.

Speaker 6 (28:17):
A lot of people don't like that.

Speaker 10 (28:18):
I'm not doing the Harry Truman thing about a one
armed economist because one hands here and one hand there.

Speaker 3 (28:24):
I'm just doing the data.

Speaker 10 (28:26):
The data does indicate some good and some bad.

Speaker 1 (28:29):
So the tax cuts being made permanent or extended, rate
interest rates continuing to go down, regulatory reform. But what's
unanswered is the manufacturing question that will have to kind
of I guess what from the art of the deal
and the negotiating and the threats of tariffs or where

(28:51):
is that solution? God, that's the one solution I can't
see coming.

Speaker 10 (28:54):
Yeah, Unfortunately, I actually don't agree with that, because I'm
not concerned that the manufacturing has to be done in
Ohio for it to be effective for Americans. The production
of goods and services drives economic growth, and so this
isn't a nationalistic point for me. It's an economic productivity
point we just simply have had to decline. And then

(29:16):
that's where a lot of people think, oh Ai and
technology will be our savior. But I don't think we've
got a big productivity from some of the other digital
advances of the last thirty years. We got a big
increase in the quality of life. We've got a lot
more convenience, not necessarily more productivity. So there's you know,
you need more manufacturing to the extent that there are

(29:40):
things that need to get built, and there are things
that you have to build best. There is an art
deal component to some of the deals he's working on,
and some of those things I think are going to
be effective. But yeah, when you're talking about the overall
economic position, you're never going to catch me saying the
operative thing that will make the economy get better or
worse is something that was and in DC has to do.

(30:01):
I know people want I know they want to believe that,
and and it works in two ways. Right now, I
suppose a lot of Republicans want to believe that Trump
will be a messianic figure on the economy, and prior
a lot of Republicans wanted to believe Biden would.

Speaker 3 (30:17):
Kill the economy. I think both things are a little
supplic Yeah, we're all in this together. This is your
Morning Show with Michael Ndel Joano
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