Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
All right, so Americans are feeling more optimistic. That's a
good thing. Despite the media's attempts, I think to make
us feel less optimistic, it doesn't seem to be working
right now. I wonder why that is. Let's ask Anthony Russo,
a political analyst and the host of the Daily Truth podcast.
I think that we have finally realized, most of us
(00:20):
that most of what we hear from the mainstream media
is really not worth listening to, and we really need
to research things ourselves and look at our own lives
to determine how optimistic we are about our future.
Speaker 2 (00:32):
Absolutely.
Speaker 3 (00:33):
And what's even more funny is when you actually look
at the statistics behind the economists. The economists, it turns
out are not right very often. And it's not like
it's fifty to fifty. People think it's about fifty percent
of the time. Actually, there's a poll that says fifty
three percent of the time. But statistics show.
Speaker 2 (00:49):
That economists are actually correct.
Speaker 3 (00:52):
And their predictions based on the fact that there's a
wide spectrum of them about twenty.
Speaker 2 (00:56):
Three percent of the time.
Speaker 3 (00:57):
And the problem with that is that's not even taking
account the Donald Trump effects.
Speaker 2 (01:02):
So that's just across the board when they're making predictions.
Speaker 3 (01:05):
When you add the politics into it, where it seems
as though the media, who the media pushes out there
for the economist's side, is obviously trying to do whatever
they can't to discredit Donald Trump. That means it's probably
even lower during Trump's administrations than twenty three percent. So
at this point, why are we even putting them on
the air When you're batting one for five.
Speaker 2 (01:27):
It's not really worth something listening to at all.
Speaker 1 (01:29):
And to me, the dangerous thing about it is is
it becomes a self fulfilling prophecy. If you buy into it,
if you buy all the doom and gloom, you're going
to feel that way and you're going to pull back
what you're doing economically speaking. But if you feel bullish
about how things are going or where we're going to
end up, maybe not where it is right now, but
where we're going to end up, then you're going to
be more participatory in the economy, and that's going to
(01:50):
help things exactly.
Speaker 2 (01:53):
And if you look at the stock markets, stock market.
Speaker 3 (01:55):
Is based heavily on speculation, which makes the first six
months of Trump presidency in terms of the economy even
more impressive because in April the doom and gloom was
as heavy as it could get. People were talking about
the tariff wars and the failures and how everybody says
what Trump was trying to put in place is going
to fail. Yet the stock market, which truly is the
(02:18):
barometer of how the economy is doing. And I know
that doesn't speak to necessarily the lower class or the
poor people are the lower middle class, but it does
start to dictate the direction of the economy. And that
didn't listen. It could actually see the writing on the
wall that some of these plans that Trump was putting
in place that seemed almost radically conservative and radically America first.
Speaker 2 (02:38):
Actually we're going to work.
Speaker 3 (02:40):
And that's what we're seeing today with stock market highs
on and off each week, and a very strong economy
and still a lot of negative speculation by the left
wing media. It's still pushing forward. Now, are we completely
out of the woods. No, There's going to be fluctuations,
ups and downs, but we're in definitely a much better
place I think anybody.
Speaker 2 (03:00):
Expected, especially with a big downturn in April.
Speaker 1 (03:04):
Imagine how optimistic we would all feel if Jay poul
would just get around to dropping interest rates a little bit.
Speaker 2 (03:12):
Yeah, I find that.
Speaker 3 (03:13):
I mean, obviously Trump and Poull have gone have butted
heads quite a bit. I don't know exactly what the
purpose is, but there's.
Speaker 2 (03:21):
Actually a good side to that.
Speaker 3 (03:22):
The fact that he's not dropping the interest rates, it
means he's still correcting. He's still correcting the economy. That's
kind of the point of leaving interest rates high is
to help inflation in the long run. So the fact
that we're still doing pretty well on a broad level
means that when they actually do come down, we're going
to be in a great place. So as much as
(03:44):
I know Trump wants the immediate wants the immediate boost
and the immediate economic shift, I think it's happening even
without it.
Speaker 2 (03:52):
So when it does, when we're ready.
Speaker 3 (03:54):
For it and the homeowners want to start really coming back,
because I do know the home market right now is
very very slow. So when that start to, when the
interest rates do drop, it's gonna be a big deal
and it's going to actually help out the longer we
can wait.
Speaker 2 (04:06):
It's kind of that whole philosophy from Gladiator.
Speaker 1 (04:08):
Hold hold here we are okay, Anthony, thank you Anthony Russo.
He is a political analyst, joining us at six twenty
six here on news radio seven forty KTRH. Time to
take another look at your
All right, so Americans are feeling more optimistic. That's a
good thing. Despite the media's attempts, I think to make
us feel less optimistic, it doesn't seem to be working
right now. I wonder why that is. Let's ask Anthony Russo,
a political analyst and the host of the Daily Truth podcast.
I think that we have finally realized, most of us
(00:20):
that most of what we hear from the mainstream media
is really not worth listening to, and we really need
to research things ourselves and look at our own lives
to determine how optimistic we are about our future.
Speaker 2 (00:32):
Absolutely.
Speaker 3 (00:33):
And what's even more funny is when you actually look
at the statistics behind the economists. The economists, it turns
out are not right very often. And it's not like
it's fifty to fifty. People think it's about fifty percent
of the time. Actually, there's a poll that says fifty
three percent of the time. But statistics show.
Speaker 2 (00:49):
That economists are actually correct.
Speaker 3 (00:52):
And their predictions based on the fact that there's a
wide spectrum of them about twenty.
Speaker 2 (00:56):
Three percent of the time.
Speaker 3 (00:57):
And the problem with that is that's not even taking
account the Donald Trump effects.
Speaker 2 (01:02):
So that's just across the board when they're making predictions.
Speaker 3 (01:05):
When you add the politics into it, where it seems
as though the media, who the media pushes out there
for the economist's side, is obviously trying to do whatever
they can't to discredit Donald Trump. That means it's probably
even lower during Trump's administrations than twenty three percent. So
at this point, why are we even putting them on
the air When you're batting one for five.
Speaker 2 (01:27):
It's not really worth something listening to at all.
Speaker 1 (01:29):
And to me, the dangerous thing about it is is
it becomes a self fulfilling prophecy. If you buy into it,
if you buy all the doom and gloom, you're going
to feel that way and you're going to pull back
what you're doing economically speaking. But if you feel bullish
about how things are going or where we're going to
end up, maybe not where it is right now, but
where we're going to end up, then you're going to
be more participatory in the economy, and that's going to
(01:50):
help things exactly.
Speaker 2 (01:53):
And if you look at the stock markets, stock market.
Speaker 3 (01:55):
Is based heavily on speculation, which makes the first six
months of Trump presidency in terms of the economy even
more impressive because in April the doom and gloom was
as heavy as it could get. People were talking about
the tariff wars and the failures and how everybody says
what Trump was trying to put in place is going
to fail. Yet the stock market, which truly is the
(02:18):
barometer of how the economy is doing. And I know
that doesn't speak to necessarily the lower class or the
poor people are the lower middle class, but it does
start to dictate the direction of the economy. And that
didn't listen. It could actually see the writing on the
wall that some of these plans that Trump was putting
in place that seemed almost radically conservative and radically America first.
Speaker 2 (02:38):
Actually we're going to work.
Speaker 3 (02:40):
And that's what we're seeing today with stock market highs
on and off each week, and a very strong economy
and still a lot of negative speculation by the left
wing media. It's still pushing forward. Now, are we completely
out of the woods. No, There's going to be fluctuations,
ups and downs, but we're in definitely a much better
place I think anybody.
Speaker 2 (03:00):
Expected, especially with a big downturn in April.
Speaker 1 (03:04):
Imagine how optimistic we would all feel if Jay poul
would just get around to dropping interest rates a little bit.
Speaker 2 (03:12):
Yeah, I find that.
Speaker 3 (03:13):
I mean, obviously Trump and Poull have gone have butted
heads quite a bit. I don't know exactly what the
purpose is, but there's.
Speaker 2 (03:21):
Actually a good side to that.
Speaker 3 (03:22):
The fact that he's not dropping the interest rates, it
means he's still correcting. He's still correcting the economy. That's
kind of the point of leaving interest rates high is
to help inflation in the long run. So the fact
that we're still doing pretty well on a broad level
means that when they actually do come down, we're going
to be in a great place. So as much as
(03:44):
I know Trump wants the immediate wants the immediate boost
and the immediate economic shift, I think it's happening even
without it.
Speaker 2 (03:52):
So when it does, when we're ready.
Speaker 3 (03:54):
For it and the homeowners want to start really coming back,
because I do know the home market right now is
very very slow. So when that start to, when the
interest rates do drop, it's gonna be a big deal
and it's going to actually help out the longer we
can wait.
Speaker 2 (04:06):
It's kind of that whole philosophy from Gladiator.
Speaker 1 (04:08):
Hold hold here we are okay, Anthony, thank you Anthony Russo.
He is a political analyst, joining us at six twenty
six here on news radio seven forty KTRH. Time to
take another look at your
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.