December 3, 2025 • 33 mins
Democrats may use President Trump’s ballroom as a talking point to criticize him, claiming he’s out of touch with affordability issues impacting Americans. Mark takes your calls! Mark interviews John Carney, Editor of Breitbart Business News. Zohran Mamdani’s proposed policies in NYC could make finding an apartment harder and increase prices. There’s an argument that President Trump and the GOP have an opportunity to counter the Democrats’ messaging about an affordability crisis, highlighting Trump’s plans, tariffs, and the “Big Beautiful Bill” to cut taxes and potentially boost the economy.
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Episode Transcript
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Speaker 1 (00:01):
Now seor presents.
Speaker 2 (00:04):
No marks, some moon show. Well, hey, we got a
lot to get to. We'll get to the war crimes hoax.
We'll get to Mom Donnie, some interesting developments there. We'll
get to the Russia Ukraine meetings. We'll get to the
Cabinet meeting. We'll get to Oh, yesterday's election, of course,
a couple of the interesting elections. What does it mean
(00:26):
for the mid terms. We'll get to Christmas. Today's one
of those gridlock alert days. This is a regular thing
now we keep hearing the other day was a gridlock
alert day. Today's a gridlock alert day. I thought congestion
pricing was supposed to fix all of that. Apparently it
doesn't do much. We still have gridlock alert days. Christmas
(00:46):
tree lighting is tonight Rockefeller Center. That's where you'll see
some gridlock. That is an absolute snarled up mess around
that tree lighting. So that's tonight at Rockefeller Center. So
just avoid that area completely if you're driving, even if
you're walking, it's tough to walk around there. The sidewalks
is so packed. So has get to the elections. A
(01:08):
special election in Tennessee. This was an interesting election. Nashville
is the district is pretty much covering Nashville, Tennessee. You
know what, they call it, music City, the country music
capital of the world. So they had a Mom Donnie running.
It's a woman, but as we've been telling you, there's
about twenty six other Mom Donni's ready to be launched
by Democrats. And she was just like Mom Donnie on paper,
(01:31):
a total disaster, horrible past, horrible things she said in
her past, I mean, crazy socialist nonsense on paper, no
chance to win anything. But like Mom Donnie in person
and online and social media and on camera, charming, got
a nice smile, got a nice personality, lots of energy, young, energetic, charming,
(01:56):
just like a Mom Donnie. And she did very, very well.
She made it a real race. It was supposed to
be no contest at all, but she made it very close.
Republicans panicked and came in with millions of dollars trying
to save that race. And then the Republican Matt Van
Epps one easily. It turns out by nine points. But
(02:20):
you're going to hear the fake news try to make
it sound like it's a real nightmare. For it's a
warning sign for Republicans. Why Trump won that district by
twenty two points. That's a tremendous loss of points for
the not Really that's Trump and this Republican candidate, Matt
Van Epps, he's good, but he's a boring, drab sort
(02:41):
of a guy. How's he going to get the numbers
Trump gets and no local candidate's gonna get Trump numbers.
Trump gets Trump numbers. So Van Epps did just fine.
But again, you're gonna have a lot more of these candidates.
And it's a strange phenomenon, but these mom types. This
woman in the color the AOC of Tennessee, she's running
(03:08):
for Congress in the district that is Nashville, Tennessee. She
comes right out and says, I hate Nashville. She even
said I hate country music. She hates Nashville. She hates
country music. That's their main industry, country music. That's why
they call it music. City tourism is the number one industry.
But it doesn't matter to Democratic voters. You see the
same thing here with Mamdanni hates capitalism. That's our main
(03:31):
industry in New York, Wall Street, financial world, hedge funds,
that's the main industry of New York. Years ago, it
was other stuff. It was like the garment center, but
that's all gone. So now the main industry of New
York is the financial business. And Mamdannie runs saying he
hates them, he can't stand them. So you're going to
see a lot of this. Now you're going to see
somebody run for mayor of Detroit. He says, I hate cars.
(03:54):
You're going to see this all the time. These Democratic
voters don't care. Show them how bad the candidate is.
Look what they said in the past. Look at this,
Look how they never worked, they never had it. The
Democratic voters don't care. Doesn't matter long as the person
yells the word affordability all the time. That's all you
gotta do.
Speaker 3 (04:12):
It.
Speaker 2 (04:12):
Just keep saying affordability, affordability, affordability. Now, there's nobody on
earth less qualified to do something about affordability than Zoraon
Mamdannie or this woman in Tennessee. What's their name is
it Afton Baine. That's another name nobody can pronounce, like
Mam Donnie. So they all got weird names, no resume.
(04:34):
They've said crazy kookie things in the past, but they
look good, they sound good, and they keep saying affordability.
So Democrats vote for them. You got two things going on.
They're voting on just knee jerk emotional voting, affordability I'll
vote for or they just hate Trump so much they'll
vote for anybody who they think hates Trump. And if
(04:55):
you get one of these socialists, one of these affordability
young no resume, they must really hate Trump, I'll vote
for them. So Democrats going crazy to vote for this stuff.
What does it mean for the midterms. Well, it's going
to be a factor in the midterms. If these kind
of voters are going to turn out in droves to
vote for anybody they think hates Trump, that's a problem
(05:18):
for Republicans in the midterms. Now, the good news is
it's a year away. You got plenty of time. There's
a couple of groups that do the research for the
Democratic Party and then it's distributed to everybody and they
all jump on it. One of them came up with
the word affordability a while back, and that's why, all
of a sudden, in every race they're all using the
(05:39):
word affordability. This is very, very coordinated. There's a couple
of these groups, big monstrous organizations that do incredible intense
research focus groups studying that they come up with the stuff,
and then there's other groups K Street that distribute it.
They have these morning conference calls and they have these
things that go on to every Democrat telling him what words,
(06:02):
what phrases, what sentences to say. So one of them
is a navigator. Navigator does incredible research done. Then the
other thing they've come up with a navigator is not
only is affordability working, it's growing. The momentum behind this
affordability affordability they are finding in their studying studying people
(06:22):
the ballroom is a good issue to use on this people.
When when you talk to these people, well, what do
you mean affordability voters? They're terrified of the prices going
up and they can't afford groceries, or they can't afford
their medicine, and really terrified that they won't be able
to afford their healthcare, that they'll lose their healthcare, this
kind of stuff. So they're finding in this latest round
(06:46):
of studying, you can use the ballroom on that that
while you're terrified of being able to buy groceries and
pay your health care, he's building a ballroom and look
at all the gold He's putting up all over the walls,
and this vers sie like ballroom. This is the last
thing in the world you want to see when it's
an affordability crisis. So expect to see a lot of
ballroom stuff coming in the next few weeks, maybe the
(07:10):
next few months. They're going to start using the ballroom
as a major issue. You know, Trump is like some
sort of emperor, some sort of king in a palace
while you can't afford your groceries. The ballroom it's symbolic,
it's not real. I mean, first of all, the ballroom
isn't costing taxpayers anything. It's privately funded, and it's something
(07:30):
they actually do need. They've talked about it for years.
But they're going to start using it against Trump. Here's
the first round, New York Times doing a story about
the ballroom. Every story about the ballroom is negative. Of course,
it's too big. It's to this, it's to that. It
screws up the White House grounds. It's me. He said
he wouldn't tear down anything of the building. Well I
(07:54):
guess he did. But you know it's fine. There was
nothing in what the party tore down had nothing in it.
Lady's office, you can easily move her to somewhere else.
And the main thing in there was the calligraphy office.
They do the the you know, the little place cards
for dinner and sometimes the invitations. It's not vital government work.
But now this New York Times expos is pretty frightening.
(08:17):
It's pretty frightening. It goes on and on about the
terrible problems now with this ballroom. According to this New
York Times article, there have been disagreements between Trump and
the contractor and Trump and the architect. Now, if you're
one of these crazy old ladies who watches MSNBC and
reads The New York Times and hates Trump, and you
(08:38):
run around yelling about this is perfect, We'll talk about
this all this, he's not getting along, even the architect
has arguing with him, even the contractors are. Of course,
you can't ever explain to him reality that this is
perfectly normal. Everybody, when you're doing remodeling, when you're remodeling
your bathroom, your kitchen, building a house, this is perfectly normal.
(09:01):
About eleven times in the process you fight with the
contractor about something, you disagree with the architect about something,
it's perfectly normal. And then it goes on to say
that Trump has. The reason they're going so crazy is
Trump's behavior has been unbelieved. It was supposed to be
a five hundred seat ballroom, then it grew to six
hundred and fifty seats. Next he wanted a nine hundred
(09:22):
and ninety nine seat ballroom. Now he's talking about room
for thirteen hundred. That way they could host the inaugural. Yeah,
it's a pretty good idea. I like that. So they
go on and on the size of the prods, raising alarms.
People working on the ballroom have been told they don't
need to follow permitting, zoning, or code requirements. Why this
(09:42):
is outrageous, Trump pointing out since it's on the White
House grounds, it's not subject to local Washington DC permit requirement. Well,
he's probably right, that makes perfect sense. So this goes
on in a but they never explained in the article.
This is not like Baraco bomb. I'm trying to tell
these guys what to do. This is one of the
(10:03):
greatest builders in the history of the world, and out
of all the great builders in America right now, nobody
has more experience building ballrooms than this guy. In fact,
the architect, who they think is some god you should
bow down to. Apparently he's never built a ballroom in
his life. He's done cathedrals and he's done with work
(10:24):
in Washington, but he's never actually done it. But Trump
is the world expert on building ballrooms. So they don't
point this out in this article. I would have total
confidence in what he's doing here. But you're gonna hear
a lot more about the ballroom. They're gonna make this
a big thing now. They're going to continue with the
war crimes hoax for a while, hoping that works. If
(10:44):
that doesn't work, they'll go to the ballroom. Here's Trump
on the ballroom.
Speaker 1 (10:47):
We're building one of the great I think maybe the
greatest ballroom. We needed it for one hundred and fifty years.
Speaker 2 (10:53):
They've been asking.
Speaker 1 (10:53):
You see that the trucks and cranes and excavators in
the background, and you hear them. And every time I
hear them.
Speaker 2 (11:00):
I love to show he said that once. I heard
him say that once. You know when when when you're
a home and they're doing construction next door, you're in
your apartment, they're doing construction. Oh god, that noise, Oh
my god, when's this gonna you just hate that noise?
He loves that sound. Construction. It's music to him. It's
(11:21):
the thing he loves most in life, construction. So he
enjoys hearing the noise outside of the Oval office. But
so they may use the ballroom. Once the war crimes
hoax will die out. The war crimes hoax, they think
they got them here. These are war crimes.
Speaker 3 (11:37):
You know.
Speaker 2 (11:37):
First of a if you're gonna you decided you're gonna
blow up that boat with drugs on it and drug
cartel members. It's a boat filled with drug cartel and drugs.
You've decided you will blow it up. You will kill
them all and blow it up. So you fire a bomb.
I guess they fire a few bombs and if there's
anything left, you fire another bomber. Well, that sounds perfectly
(11:58):
normal to me. I'm not a military, but I'm not
an expert. But if you talk to the top generals
of the world, the jack Keanes sort of guys, they'll
tell you it's perfectly normal. You hit it with bombs
and you keep hitting it until you're absolutely certain everything
is gone. Like when they went to take out the
Iran nuclear reactors. You don't drop one bomb and that's it.
(12:20):
You keep remember you remember the videos, they just get
bombinan and bombinan and bombited until they were absolutely sure
they got everything. That's the way you do it. So
there's no war crime here. You're going to see all
these fake Newsy it's these Martha raddits as if she
knows what she's talking about. If violates the geneva and
as an enemy combatant and you're not allowed to kill
(12:42):
an enemy combatant. When did this rule happen?
Speaker 4 (12:46):
Now?
Speaker 2 (12:46):
You remember during the Obama administration, he was doing it
as drone strikes. There were drone strikes all the time
in Afghanistan, in Iraq, and very often he killed civilians.
We know this. He killed a lot of civil millions
accidentally with the drone strikes and sometimes on purpose because
they were near what they target was, so they took
(13:07):
him out. And you remember the one time he hit
a wedding with one of the drones, blew up a wedding,
killed a lot of people. But of the millions of
times that killed civilians, and of course the same fake
news didn't care I mention a word about it. There's
even a hearing. Actually, if you go to my Twitter
you can see the video there's a great hearing. This
is from the Biden administration where the drone strike killed
(13:29):
a bunch of civilians, innocent civilians, and Mark Kelly seditious.
Mark Kelly is interviewing the general about it and he explains, yes,
we did kill the civilians. And Mark Kelly said, okay,
my next question is and that just moves right on.
He couldn't care less let it go, turned the other way.
But that's the way they're at it. The hypocrisy Democrats
(13:49):
are famous for. So when the war crimes hoax fizzles
out because people aren't buying it, nobody cares. They'll move
on to the ballroom now right now. They're also trying
the health thing. Trump he didn't doze off, but there
were one time and Pete Hegsath, I think it was
Pete Heggsath's going a little long. Trump closed his eyes,
(14:11):
so they showed the video. Look at this, his eyes
are closed. He fell asleep in the cabin. At mean,
this is all, but watch it carefully. Go watch the
video for yourself. There's a couple of times you see
Pete Heggatt made some kind of joke and you can
see Trump's laughing. His eyes are closed, but he's laughing.
He's reacting to everything he's saying. But they love talking
about his health and how bad he is.
Speaker 1 (14:28):
If I go one day, I had one day where
I didn't do a news conference. There's something wrong with
the president. Few people are crazy. I'll let you know
with there's something wrong. There will be someday that's gonna
happen to all of us. But right now, I think
I'm sharper than I was twenty five years ago. But
who the hell does I took By the way I
took my physical I got all a's everything.
Speaker 2 (14:52):
Yeah, but uh, he's very funny yesterday.
Speaker 1 (14:54):
But you always find something new, like is he in
good health? Biden was great, but he's trumply good health.
I said, here I do for news conferences a day.
I asked questions from very intelligent Luna text.
Speaker 2 (15:12):
I always give.
Speaker 1 (15:13):
I give them the right edges. There's never a scandal, there's
never a problem. I give you engines that solve you
a little problem.
Speaker 2 (15:20):
Now he's in great health, of course, and the cabinet
meeting was pretty interesting. We'll go over that cabinet meeting
a little later. But you know, a lot of people
think Trump has to go back to campaign mode. Like
we were talking about the affordability, even though it's a
fake issue. I mean, you want affordability, it's fake in
that these Democrats couldn't possibly do anything about it. This
(15:43):
guy like Zoron Mamdani or this woman that ran in
Tennessee could never ever ever do anything about affordability. They
wouldn't know how to do. They wouldn't begin to know how
to So they went to Trump before the midterms. Go
back into campaign mode. You know, he was different in
the campaign. Now he's in the oval office and it's
very ornate. It's the other problem. It was nice to
(16:04):
make it all gold and look unbelievably unbelievably luxurious, and
it looks like a palace, but that kind of reinforces
the dictator king kind of thing. He made it look
like a palace, so psychologically it made him look more
like a king. They want him to go back into
campaign mode. Remember when we got in the garbage truck
(16:25):
and he drove the garbage truck. Remember when he worked
in McDonald's. That's where he looked like he was really
in touch. So he's got to do more of that. Also,
people are advising him. You got to do more. Go
back to those podcasts, the Joe Rogan type podcasts, that
kind of stuff, you know, those blue collar, down to
earth kind of podcasts. More of that, more driving the
garbage truck. So you might see more of that coming
(16:47):
at some point to counter all of this stuff. Hey,
we'll take some calls. Next eight hundred three to two
one zero seven ten is the number eight hundred three
two one zero seven ten. Back to Marsham. Hey, let's
take some calls. Let's go to Robert in Westchester. Robert,
(17:08):
how you doing all right?
Speaker 5 (17:10):
Mark? And good morning?
Speaker 2 (17:11):
Thank you for taking my call.
Speaker 3 (17:13):
Mark.
Speaker 5 (17:13):
I don't know if you remember when that atrocity of
a pull out happened under the Biden administration when we.
Speaker 2 (17:20):
Will don't know if I remember it? What am i?
Joe Biden? Of course I remember it right before you
tell us everything we already know. Is there a point?
Speaker 5 (17:30):
The point is right after that Milly said, after they
killed seven.
Speaker 2 (17:35):
Yeah, no, we know the whole story. Everybody's familiar with it.
What is the point.
Speaker 5 (17:40):
The point is where's the media went. They didn't counce
on Biden or anybody. They didn't.
Speaker 2 (17:45):
Oh, I don't know if you heard, But the media
is slanted. They defend Democrats, they cover up from Democrats,
and they go after anything Trump. If it's Biden, they'll
defend them like crazy, cover up anything. Yeah, Millie was
the absolute worst. All they do is to defend this guy.
Let's go to Vic in Pennsylvania. Vic. How you doing.
(18:05):
I'm doing great, Mark. I got a question, where were
the Democrats for.
Speaker 4 (18:11):
The Biden administration with affordability when we had.
Speaker 2 (18:15):
Nine point five? Again, it's Democrats and everything they do
is okay, they're right, They're always right. Inflation was nine percent.
You never heard him mentioned affordability. Now in the defense
of Democrats, they didn't get that study yet. That focus
group stuff didn't come out yet. It came out later.
And they see these They pay a fortune of these
(18:37):
groups navigators one. There's a whole bunch of them. It's
not a polling thing. It's not like some little college
poll with a couple of guys with iPads. I mean
this year, massive research groups that go out and they
research and they find out what what deep down people
are and then they find the right word. And they
found that word affordability. And that's why all these different
(18:58):
races all over the country. All of a sudden, they
got the same word affordability. It's all coordinated. Let's go
to Stuart in South Carolina. Stuart, how you.
Speaker 4 (19:06):
Doing, hey, Mark, Carol. You know, as far as that
election in Tennessee, there's there's a couple of points there.
You know, you're right, it was an off season election.
And the other problem is I live in a smaller
southern town right to Augusta, and for decades I never
knew any liberals. They are here in droves now, and
I think that's what happened in Tennessee. They're they're fleeing
(19:29):
the north and then voting in the same way they
did up north and destroying the new place that they lived.
Speaker 2 (19:34):
Well, yeah, good point. Nashville was a little, tiny, medium
sized town and then a million people descend. It's now
one of the biggest, most thriving cities in America. But
you're right, all liberals came in exactly. Yeah, all right, Well,
so what was worse when you had Locus or we
have all these liberals coming in?
Speaker 4 (19:52):
You know, everybody here was friendly. You could not pass
anybody without somebody saying hello. And now people won't even
look you in the eye. They just look down. They
wore dark clothes like they do up in New York,
and I feel like I'm in downtown Brooklyn. You don't
hear the Southern accent here anymore. Yeah, you just it's
(20:12):
very New York now and it's changed politics quite a bit,
and it's really scaring the heck ass. So with man Donnie,
I was afraid that a lot of people are going
to be moving down here now.
Speaker 2 (20:23):
Yeah, I'm afraid. So you're gonna get more of them.
They're going to be all out of the place, all right,
Thanks for calling, Stuart. Yeah, if you watch the Andy
Griffith Show today, it'd be a whole different show. Actually,
you know what, that would be an actual good idea
for a sitcom. You bring back the Andy Griffith Show,
only his town is getting overrun by hipsters from Brooklyn
and New Yorkers and people from Long Island changing everything.
(20:47):
Let's go to Vincent and Brooklyn. Vincent, how you doing, Good.
Speaker 6 (20:51):
Morning, Mark, I'm okay, Good morning Mara, Stuart. I live
in downtown Brooklyn and it's even worse than you. I
mean it is.
Speaker 7 (21:02):
These liberals here are absolutely horrible and I'm sorry to
hear that they're bringing the liberal cancer down down South.
Mark uh the news media to fake news media don't
seem to realize or they don't want to report on it.
It's not affordability, it's unaffordability created by democratic politicians. The
(21:28):
property taxes and the fees run through everything like Montezuma's revenge.
These are the liberal news media in this country. Should
go query some of the world leaders in Europe because
I've seen the affairs that they have in the ballrooms
in Europe, and probably they're saying, thank god Donald Trump's
(21:53):
in office, because we're sick of having to go to
the bedroom and port of sans sit up lastic jair.
Speaker 2 (22:00):
What Vincent is talking about, believe it or not, Vincent
the startment, believe or not. That East room of the
White House didn't hold very many people, so when had
a big event, they had to do it in a
tent on the lawn and the guests had to use
porta potties.
Speaker 3 (22:13):
Can you imagine porter partties compared to the Palace of Versailles,
Because Mark, I've seen and I've actually been in some
of these Italian ballrooms in these palaces.
Speaker 7 (22:24):
Donald Trump is doing the right thing, rather than spending
two hundred and fifty million dollars on some cheesy basketball
court like Barack Obamas.
Speaker 2 (22:34):
H you know you're absolutely right, Vincent. A great call.
The ballroom is a good act. Can you imagine you're
the president of France. You come to a major dinner
at the White House and it's in a tent on
the lawn and you have to go to a porta
potty like you're at a wedding and hunting and this
is so Trump is absolutely right. Hey, when we come back,
here's a great guest. John Carney is one of the
(22:56):
best brightest guys on the economy in the world. He's
the editor of breit Bart Business Digest. But he is
the smartest guy. You'll love him. He'll be with us
next on seven to ten. Wor here's more Mark Simone
on seven to tenor well, hey, how do we pick
our guest? We just bring you the smartest people on
earth and John Carney brilliant. He is the business editor
(23:19):
of Breitbart News the Business Digest. By the way, you
should sign up for that daily newsletter, the Breitbart Business
Digest newsletter. Excellent stuff. He writes that with Breitbart editor
in chief Alex Marlow. But he's a brilliant guy on
the economy. On business from Breitbart, John Carney, how you
doing very good? Doug's having Mark Hey anytime. So the
(23:43):
election in Tennessee, the election wherever you look. Affordability. They
keep using this word affordability. Affordability. Now, how do Democrats
run every inch of New York for fifteen years and
then tell you there's an affordability crisis and they'll fix it.
Speaker 5 (23:58):
That's a great question. Look, the plans that the Democrats have,
particularly in New York and Mandami, won't make New York
any more affordable. In fact, his plan to freeze rents
will actually make it much harder for anybody to find
an apartment in New York because guess what happens when
(24:19):
a landlord can't raise the rent. It means that somebody
who otherwise would move out stays in the apartment forever.
I have friends who live in rent controlled apartments that
they inherited from their grandparents. Yeah, I mean, like literally,
they're like real estate royalty in New York. And it's
funny that a socialist is putting this in place, but
(24:42):
that's what it creates, is people who never let go
of their apartments.
Speaker 2 (24:45):
Hey, so when you get to the midterms, I know
you could give me statistics and prove things are getting better.
But Democrats in the fake news, they've done a good
job of creating the illusion that we're in a crisis
as far as inflation and prices. What does the president
need to do to counter that?
Speaker 5 (25:02):
So one thing that the Trump and the Republicans have
an advantage, which is time is on their side. Right now,
inflation is running around three percent, but it's coming down.
We've seen the price of gasoline come down a lot
over the last two months, sheeper gasoline. The inflation continuing
(25:25):
to come down. I think by the time we get
to say, like next summer, so that which is around
when people start to decide how they're going to vote. Right,
the people don't decide really on the election day. They
decide sometime, you know, a few months ahead of time.
By the time we get to next summer, I think
actually that this sure, the media will still talk about affordability,
(25:50):
but people won't be feeling it the way they are
right now. Right now they're still dealing with basically the
hangover of Biden. Inflation prices went up a lot. But
as we get further and further away from that, inflation
will continue to come down and people's sort of anger
over how high prices already are will fade a little bit.
(26:11):
So a big time is on their side. So really
all they need to do is stay the course, don't
freak out, and frankly, don't give it into this word
of affordability. If you're talking about affordability as a Republican,
you're losing. You need to talk about opportunity, You need
to talk about growth. Affordability is Frankly, Donald Trump's right
(26:35):
when he called it a con job. It is a
It is a phrase that they never used when inflation
was running at nine percent under Biden. Now it's a
crisis because the media has made it one.
Speaker 2 (26:47):
It's a con job. But it's a good one. It works,
you know, it is.
Speaker 5 (26:50):
It's working.
Speaker 2 (26:52):
Hey, But people have to realize as far as the
big beautiful bill, nothing is kicked in yet, right, What
changes now in January with that? That's right?
Speaker 5 (27:01):
So one of the we're going to see a couple
changes that are very important. One is the no tax
on tips, which will be a very big deal. You know,
if you are working in a service job and you
are paid primarily in tips, this is a huge tax
cut for you. So we're going to see that kick in. Also,
there will be no tax on additional income if you're
(27:24):
collecting Social Security, that will be important. The other thing
that has already started to kick in, and we're going
to see it even more as we get into the
new year is the automatic depreciation of capital investments. Now,
I know that sounds really wonky and nerdy, but what
(27:45):
it means is that businesses can actually invest and write
off right away the full expense of the new machinery
they buy, the new factory they build. That's a big
deal and it will encourage a lot more investment. And
when you get that kind of investment, you increase productivity,
(28:06):
which will then actually increase employment as well. So I
think actually the job market, which has been a little
shaky today we got a shaky report from the from ADP,
I think we're actually going to see the job markets
start to pick up a lot too, and that will
assuage people's fears about the economy as well.
Speaker 2 (28:25):
Yeah, also, you have a new FED chairman coming, but
how much difference is that going to make? And the
role of the FED seems to be a little crazy
right now. It shouldn't have this kind of importance, should it.
That's right.
Speaker 5 (28:37):
In a perfect world, we wouldn't care so much who
the FED chairman is. I think actually one of the
legacies of Jerome Powell has been a over highlighting of
the FED chairman. He looked back in You know when
under Paul Volker or Alan Greenspan, nobody knew what the
(28:58):
FED was doing because they didn't even have conferences and
when they got called before Congress they were talk in riddles.
I'm not sure we need to go back to that.
But Bernanke when he was FED chairman, sat behind a
desk when he held his press conferences. It was kind
of like doing office hours with a professor. What are
the innovations of Jerome Powell was to stand in front
(29:18):
of a podium like he is the President of the
United States and basically make a speech. I think the
next FED chairman, if I had one request, there would
be no more podium. Sit behind a desk. Again, don't
act like a politician. Don't act like you're the most
important person in the world. Sit behind a desk, talk academically,
(29:41):
don't give a speech.
Speaker 2 (29:42):
Yeah, that's a good point, hey, John Carney. Now let
me ask some Democrats will complain about tariffs. Have tariffs
raised the prices? Tariffs? It's a burden on the consumer
because they'll pay the take, don't they? Then the Democrats,
aren't they proposing tariffs when they talk about a corporate
tax increase. Isn't that the same thing, same effect as
a tariff.
Speaker 5 (30:02):
It's actually not just the same effect. It's the same
exact thing. The consumers don't pay tariffs, right. The first
person who pays a tariff is the person who is
importing a good That is a company, it's Walmart, it's Target,
it's a big business that is importing the goods those are.
(30:22):
That's who pays the tariff. It is a form of
a corporate tax. So when Democrats say, oh, you know
that that tax will be passed on to consumers, which,
by the way, it really hasn't paid. What we businesses
have been telling us actually in all of their earnings
that they're actually having a really hard time trying to
pass it on to consumers. Who's paying it is it's
(30:44):
coming out of the bottom line of businesses or the
manufacturers abroad, are lowering their price to keep themselves competitive
in the US. But a raise of corporate tax somehow
the Democrats think, will mysteriously not be passed up. So
they say that the tariff will be, but the corporate
taxt won't. Their point really doesn't make much sense. And
(31:07):
if anything, a corporate tax is more likely to be
passed on to consumers because it can't be paid at
all by a foreign manufacturer. There's nobody to push it
back onto, so it will be paid by both consumers
and investors. Actually, which you know is the same thing.
You know, people, It will come out of people's four
(31:28):
one ks, the retirement plans. That's who ends up paying
the corporate tax.
Speaker 2 (31:32):
Wow. Very good explanation. Sayah, so tariff's easier on the consumer.
Corporate tax boom hits the consumer immediately, absolutely, John Carney,
great having you on. Let's do it again soon and
thanks for the It's the best thing every day to
read the Breitbart Business Digest. You just go to Breitbart
right sign up for the newsletter every day.
Speaker 5 (31:54):
Yep, Breitbart dot com slash newsletters. There's a whole bunch
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They're all ex but Bredburn Business Dies comes out every day,
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(32:15):
Sign up comes her inbox. It's totally free.
Speaker 2 (32:18):
Yeah, and all the smartest people read it. Larry Kudloer
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It's the bright bart.
Speaker 5 (32:24):
Surry Secretary Scott Besst says it's his first thing reading
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Speaker 2 (32:29):
Can't do better than that. So you can read it
to every day. Sign up Breitbart Business Digest. Go to
Breitbart and sign up for it under newsletters. Great stuff,
John Carney, thanks for being with us. Thanks Mark, all right,
take care, Hey, don't forget. Buck and Clay are coming
up at noon today with an excellent show. And then
three o'clock you got Sean Hannity, the most listened to
(32:52):
radio show in America. He's been doing it right from
the swamp for a couple of days. Interesting shows. And
then you got Jesse Kelly it's sick and the best show,
our best news show is Jimmy Fayla excellent stuff. It's
every night. You got to listen to it at nine
o'clock on seven to ten wor in Mark on demand
(33:13):
by setting a preset for his podcast on the iHeartRadio app.
Now back to Mark Simon on war.
Speaker 3 (33:22):
Hei.
Speaker 2 (33:23):
We got a lot to get to in the next hour.
We'll get some mom Donnie, there's some interesting developments there.
We'll get to Hey, the Trump accounts for little kids,
new babies. This is a brilliant idea. That's why I'll
get no coverage in all, but it's a great idea.
So we got a lot to get to in the
next hour. With today, it's Wednesday, already Wednesday, tree lighting tonight.
(33:45):
It's going to be a mess traffic wise around Rockefeller Center.
Just remember that's actually a good luck alert day today. Now,
don't go away. We'll be back with another hour ago
right after the news on seven to ten wor
Now seor presents.
Speaker 2 (00:04):
No marks, some moon show. Well, hey, we got a
lot to get to. We'll get to the war crimes hoax.
We'll get to Mom Donnie, some interesting developments there. We'll
get to the Russia Ukraine meetings. We'll get to the
Cabinet meeting. We'll get to Oh, yesterday's election, of course,
a couple of the interesting elections. What does it mean
(00:26):
for the mid terms. We'll get to Christmas. Today's one
of those gridlock alert days. This is a regular thing
now we keep hearing the other day was a gridlock
alert day. Today's a gridlock alert day. I thought congestion
pricing was supposed to fix all of that. Apparently it
doesn't do much. We still have gridlock alert days. Christmas
(00:46):
tree lighting is tonight Rockefeller Center. That's where you'll see
some gridlock. That is an absolute snarled up mess around
that tree lighting. So that's tonight at Rockefeller Center. So
just avoid that area completely if you're driving, even if
you're walking, it's tough to walk around there. The sidewalks
is so packed. So has get to the elections. A
(01:08):
special election in Tennessee. This was an interesting election. Nashville
is the district is pretty much covering Nashville, Tennessee. You
know what, they call it, music City, the country music
capital of the world. So they had a Mom Donnie running.
It's a woman, but as we've been telling you, there's
about twenty six other Mom Donni's ready to be launched
by Democrats. And she was just like Mom Donnie on paper,
(01:31):
a total disaster, horrible past, horrible things she said in
her past, I mean, crazy socialist nonsense on paper, no
chance to win anything. But like Mom Donnie in person
and online and social media and on camera, charming, got
a nice smile, got a nice personality, lots of energy, young, energetic, charming,
(01:56):
just like a Mom Donnie. And she did very, very well.
She made it a real race. It was supposed to
be no contest at all, but she made it very close.
Republicans panicked and came in with millions of dollars trying
to save that race. And then the Republican Matt Van
Epps one easily. It turns out by nine points. But
(02:20):
you're going to hear the fake news try to make
it sound like it's a real nightmare. For it's a
warning sign for Republicans. Why Trump won that district by
twenty two points. That's a tremendous loss of points for
the not Really that's Trump and this Republican candidate, Matt
Van Epps, he's good, but he's a boring, drab sort
(02:41):
of a guy. How's he going to get the numbers
Trump gets and no local candidate's gonna get Trump numbers.
Trump gets Trump numbers. So Van Epps did just fine.
But again, you're gonna have a lot more of these candidates.
And it's a strange phenomenon, but these mom types. This
woman in the color the AOC of Tennessee, she's running
(03:08):
for Congress in the district that is Nashville, Tennessee. She
comes right out and says, I hate Nashville. She even
said I hate country music. She hates Nashville. She hates
country music. That's their main industry, country music. That's why
they call it music. City tourism is the number one industry.
But it doesn't matter to Democratic voters. You see the
same thing here with Mamdanni hates capitalism. That's our main
(03:31):
industry in New York, Wall Street, financial world, hedge funds,
that's the main industry of New York. Years ago, it
was other stuff. It was like the garment center, but
that's all gone. So now the main industry of New
York is the financial business. And Mamdannie runs saying he
hates them, he can't stand them. So you're going to
see a lot of this. Now you're going to see
somebody run for mayor of Detroit. He says, I hate cars.
(03:54):
You're going to see this all the time. These Democratic
voters don't care. Show them how bad the candidate is.
Look what they said in the past. Look at this,
Look how they never worked, they never had it. The
Democratic voters don't care. Doesn't matter long as the person
yells the word affordability all the time. That's all you
gotta do.
Speaker 3 (04:12):
It.
Speaker 2 (04:12):
Just keep saying affordability, affordability, affordability. Now, there's nobody on
earth less qualified to do something about affordability than Zoraon
Mamdannie or this woman in Tennessee. What's their name is
it Afton Baine. That's another name nobody can pronounce, like
Mam Donnie. So they all got weird names, no resume.
(04:34):
They've said crazy kookie things in the past, but they
look good, they sound good, and they keep saying affordability.
So Democrats vote for them. You got two things going on.
They're voting on just knee jerk emotional voting, affordability I'll
vote for or they just hate Trump so much they'll
vote for anybody who they think hates Trump. And if
(04:55):
you get one of these socialists, one of these affordability
young no resume, they must really hate Trump, I'll vote
for them. So Democrats going crazy to vote for this stuff.
What does it mean for the midterms. Well, it's going
to be a factor in the midterms. If these kind
of voters are going to turn out in droves to
vote for anybody they think hates Trump, that's a problem
(05:18):
for Republicans in the midterms. Now, the good news is
it's a year away. You got plenty of time. There's
a couple of groups that do the research for the
Democratic Party and then it's distributed to everybody and they
all jump on it. One of them came up with
the word affordability a while back, and that's why, all
of a sudden, in every race they're all using the
(05:39):
word affordability. This is very, very coordinated. There's a couple
of these groups, big monstrous organizations that do incredible intense
research focus groups studying that they come up with the stuff,
and then there's other groups K Street that distribute it.
They have these morning conference calls and they have these
things that go on to every Democrat telling him what words,
(06:02):
what phrases, what sentences to say. So one of them
is a navigator. Navigator does incredible research done. Then the
other thing they've come up with a navigator is not
only is affordability working, it's growing. The momentum behind this
affordability affordability they are finding in their studying studying people
(06:22):
the ballroom is a good issue to use on this people.
When when you talk to these people, well, what do
you mean affordability voters? They're terrified of the prices going
up and they can't afford groceries, or they can't afford
their medicine, and really terrified that they won't be able
to afford their healthcare, that they'll lose their healthcare, this
kind of stuff. So they're finding in this latest round
(06:46):
of studying, you can use the ballroom on that that
while you're terrified of being able to buy groceries and
pay your health care, he's building a ballroom and look
at all the gold He's putting up all over the walls,
and this vers sie like ballroom. This is the last
thing in the world you want to see when it's
an affordability crisis. So expect to see a lot of
ballroom stuff coming in the next few weeks, maybe the
(07:10):
next few months. They're going to start using the ballroom
as a major issue. You know, Trump is like some
sort of emperor, some sort of king in a palace
while you can't afford your groceries. The ballroom it's symbolic,
it's not real. I mean, first of all, the ballroom
isn't costing taxpayers anything. It's privately funded, and it's something
(07:30):
they actually do need. They've talked about it for years.
But they're going to start using it against Trump. Here's
the first round, New York Times doing a story about
the ballroom. Every story about the ballroom is negative. Of course,
it's too big. It's to this, it's to that. It
screws up the White House grounds. It's me. He said
he wouldn't tear down anything of the building. Well I
(07:54):
guess he did. But you know it's fine. There was
nothing in what the party tore down had nothing in it.
Lady's office, you can easily move her to somewhere else.
And the main thing in there was the calligraphy office.
They do the the you know, the little place cards
for dinner and sometimes the invitations. It's not vital government work.
But now this New York Times expos is pretty frightening.
(08:17):
It's pretty frightening. It goes on and on about the
terrible problems now with this ballroom. According to this New
York Times article, there have been disagreements between Trump and
the contractor and Trump and the architect. Now, if you're
one of these crazy old ladies who watches MSNBC and
reads The New York Times and hates Trump, and you
(08:38):
run around yelling about this is perfect, We'll talk about
this all this, he's not getting along, even the architect
has arguing with him, even the contractors are. Of course,
you can't ever explain to him reality that this is
perfectly normal. Everybody, when you're doing remodeling, when you're remodeling
your bathroom, your kitchen, building a house, this is perfectly normal.
(09:01):
About eleven times in the process you fight with the
contractor about something, you disagree with the architect about something,
it's perfectly normal. And then it goes on to say
that Trump has. The reason they're going so crazy is
Trump's behavior has been unbelieved. It was supposed to be
a five hundred seat ballroom, then it grew to six
hundred and fifty seats. Next he wanted a nine hundred
(09:22):
and ninety nine seat ballroom. Now he's talking about room
for thirteen hundred. That way they could host the inaugural. Yeah,
it's a pretty good idea. I like that. So they
go on and on the size of the prods, raising alarms.
People working on the ballroom have been told they don't
need to follow permitting, zoning, or code requirements. Why this
(09:42):
is outrageous, Trump pointing out since it's on the White
House grounds, it's not subject to local Washington DC permit requirement. Well,
he's probably right, that makes perfect sense. So this goes
on in a but they never explained in the article.
This is not like Baraco bomb. I'm trying to tell
these guys what to do. This is one of the
(10:03):
greatest builders in the history of the world, and out
of all the great builders in America right now, nobody
has more experience building ballrooms than this guy. In fact,
the architect, who they think is some god you should
bow down to. Apparently he's never built a ballroom in
his life. He's done cathedrals and he's done with work
(10:24):
in Washington, but he's never actually done it. But Trump
is the world expert on building ballrooms. So they don't
point this out in this article. I would have total
confidence in what he's doing here. But you're gonna hear
a lot more about the ballroom. They're gonna make this
a big thing now. They're going to continue with the
war crimes hoax for a while, hoping that works. If
(10:44):
that doesn't work, they'll go to the ballroom. Here's Trump
on the ballroom.
Speaker 1 (10:47):
We're building one of the great I think maybe the
greatest ballroom. We needed it for one hundred and fifty years.
Speaker 2 (10:53):
They've been asking.
Speaker 1 (10:53):
You see that the trucks and cranes and excavators in
the background, and you hear them. And every time I
hear them.
Speaker 2 (11:00):
I love to show he said that once. I heard
him say that once. You know when when when you're
a home and they're doing construction next door, you're in
your apartment, they're doing construction. Oh god, that noise, Oh
my god, when's this gonna you just hate that noise?
He loves that sound. Construction. It's music to him. It's
(11:21):
the thing he loves most in life, construction. So he
enjoys hearing the noise outside of the Oval office. But
so they may use the ballroom. Once the war crimes
hoax will die out. The war crimes hoax, they think
they got them here. These are war crimes.
Speaker 3 (11:37):
You know.
Speaker 2 (11:37):
First of a if you're gonna you decided you're gonna
blow up that boat with drugs on it and drug
cartel members. It's a boat filled with drug cartel and drugs.
You've decided you will blow it up. You will kill
them all and blow it up. So you fire a bomb.
I guess they fire a few bombs and if there's
anything left, you fire another bomber. Well, that sounds perfectly
(11:58):
normal to me. I'm not a military, but I'm not
an expert. But if you talk to the top generals
of the world, the jack Keanes sort of guys, they'll
tell you it's perfectly normal. You hit it with bombs
and you keep hitting it until you're absolutely certain everything
is gone. Like when they went to take out the
Iran nuclear reactors. You don't drop one bomb and that's it.
(12:20):
You keep remember you remember the videos, they just get
bombinan and bombinan and bombited until they were absolutely sure
they got everything. That's the way you do it. So
there's no war crime here. You're going to see all
these fake Newsy it's these Martha raddits as if she
knows what she's talking about. If violates the geneva and
as an enemy combatant and you're not allowed to kill
(12:42):
an enemy combatant. When did this rule happen?
Speaker 4 (12:46):
Now?
Speaker 2 (12:46):
You remember during the Obama administration, he was doing it
as drone strikes. There were drone strikes all the time
in Afghanistan, in Iraq, and very often he killed civilians.
We know this. He killed a lot of civil millions
accidentally with the drone strikes and sometimes on purpose because
they were near what they target was, so they took
(13:07):
him out. And you remember the one time he hit
a wedding with one of the drones, blew up a wedding,
killed a lot of people. But of the millions of
times that killed civilians, and of course the same fake
news didn't care I mention a word about it. There's
even a hearing. Actually, if you go to my Twitter
you can see the video there's a great hearing. This
is from the Biden administration where the drone strike killed
(13:29):
a bunch of civilians, innocent civilians, and Mark Kelly seditious.
Mark Kelly is interviewing the general about it and he explains, yes,
we did kill the civilians. And Mark Kelly said, okay,
my next question is and that just moves right on.
He couldn't care less let it go, turned the other way.
But that's the way they're at it. The hypocrisy Democrats
(13:49):
are famous for. So when the war crimes hoax fizzles
out because people aren't buying it, nobody cares. They'll move
on to the ballroom now right now. They're also trying
the health thing. Trump he didn't doze off, but there
were one time and Pete Hegsath, I think it was
Pete Heggsath's going a little long. Trump closed his eyes,
(14:11):
so they showed the video. Look at this, his eyes
are closed. He fell asleep in the cabin. At mean,
this is all, but watch it carefully. Go watch the
video for yourself. There's a couple of times you see
Pete Heggatt made some kind of joke and you can
see Trump's laughing. His eyes are closed, but he's laughing.
He's reacting to everything he's saying. But they love talking
about his health and how bad he is.
Speaker 1 (14:28):
If I go one day, I had one day where
I didn't do a news conference. There's something wrong with
the president. Few people are crazy. I'll let you know
with there's something wrong. There will be someday that's gonna
happen to all of us. But right now, I think
I'm sharper than I was twenty five years ago. But
who the hell does I took By the way I
took my physical I got all a's everything.
Speaker 2 (14:52):
Yeah, but uh, he's very funny yesterday.
Speaker 1 (14:54):
But you always find something new, like is he in
good health? Biden was great, but he's trumply good health.
I said, here I do for news conferences a day.
I asked questions from very intelligent Luna text.
Speaker 2 (15:12):
I always give.
Speaker 1 (15:13):
I give them the right edges. There's never a scandal, there's
never a problem. I give you engines that solve you
a little problem.
Speaker 2 (15:20):
Now he's in great health, of course, and the cabinet
meeting was pretty interesting. We'll go over that cabinet meeting
a little later. But you know, a lot of people
think Trump has to go back to campaign mode. Like
we were talking about the affordability, even though it's a
fake issue. I mean, you want affordability, it's fake in
that these Democrats couldn't possibly do anything about it. This
(15:43):
guy like Zoron Mamdani or this woman that ran in
Tennessee could never ever ever do anything about affordability. They
wouldn't know how to do. They wouldn't begin to know how
to So they went to Trump before the midterms. Go
back into campaign mode. You know, he was different in
the campaign. Now he's in the oval office and it's
very ornate. It's the other problem. It was nice to
(16:04):
make it all gold and look unbelievably unbelievably luxurious, and
it looks like a palace, but that kind of reinforces
the dictator king kind of thing. He made it look
like a palace, so psychologically it made him look more
like a king. They want him to go back into
campaign mode. Remember when we got in the garbage truck
(16:25):
and he drove the garbage truck. Remember when he worked
in McDonald's. That's where he looked like he was really
in touch. So he's got to do more of that. Also,
people are advising him. You got to do more. Go
back to those podcasts, the Joe Rogan type podcasts, that
kind of stuff, you know, those blue collar, down to
earth kind of podcasts. More of that, more driving the
garbage truck. So you might see more of that coming
(16:47):
at some point to counter all of this stuff. Hey,
we'll take some calls. Next eight hundred three to two
one zero seven ten is the number eight hundred three
two one zero seven ten. Back to Marsham. Hey, let's
take some calls. Let's go to Robert in Westchester. Robert,
(17:08):
how you doing all right?
Speaker 5 (17:10):
Mark? And good morning?
Speaker 2 (17:11):
Thank you for taking my call.
Speaker 3 (17:13):
Mark.
Speaker 5 (17:13):
I don't know if you remember when that atrocity of
a pull out happened under the Biden administration when we.
Speaker 2 (17:20):
Will don't know if I remember it? What am i?
Joe Biden? Of course I remember it right before you
tell us everything we already know. Is there a point?
Speaker 5 (17:30):
The point is right after that Milly said, after they
killed seven.
Speaker 2 (17:35):
Yeah, no, we know the whole story. Everybody's familiar with it.
What is the point.
Speaker 5 (17:40):
The point is where's the media went. They didn't counce
on Biden or anybody. They didn't.
Speaker 2 (17:45):
Oh, I don't know if you heard, But the media
is slanted. They defend Democrats, they cover up from Democrats,
and they go after anything Trump. If it's Biden, they'll
defend them like crazy, cover up anything. Yeah, Millie was
the absolute worst. All they do is to defend this guy.
Let's go to Vic in Pennsylvania. Vic. How you doing.
(18:05):
I'm doing great, Mark. I got a question, where were
the Democrats for.
Speaker 4 (18:11):
The Biden administration with affordability when we had.
Speaker 2 (18:15):
Nine point five? Again, it's Democrats and everything they do
is okay, they're right, They're always right. Inflation was nine percent.
You never heard him mentioned affordability. Now in the defense
of Democrats, they didn't get that study yet. That focus
group stuff didn't come out yet. It came out later.
And they see these They pay a fortune of these
(18:37):
groups navigators one. There's a whole bunch of them. It's
not a polling thing. It's not like some little college
poll with a couple of guys with iPads. I mean
this year, massive research groups that go out and they
research and they find out what what deep down people
are and then they find the right word. And they
found that word affordability. And that's why all these different
(18:58):
races all over the country. All of a sudden, they
got the same word affordability. It's all coordinated. Let's go
to Stuart in South Carolina. Stuart, how you.
Speaker 4 (19:06):
Doing, hey, Mark, Carol. You know, as far as that
election in Tennessee, there's there's a couple of points there.
You know, you're right, it was an off season election.
And the other problem is I live in a smaller
southern town right to Augusta, and for decades I never
knew any liberals. They are here in droves now, and
I think that's what happened in Tennessee. They're they're fleeing
(19:29):
the north and then voting in the same way they
did up north and destroying the new place that they lived.
Speaker 2 (19:34):
Well, yeah, good point. Nashville was a little, tiny, medium
sized town and then a million people descend. It's now
one of the biggest, most thriving cities in America. But
you're right, all liberals came in exactly. Yeah, all right, Well,
so what was worse when you had Locus or we
have all these liberals coming in?
Speaker 4 (19:52):
You know, everybody here was friendly. You could not pass
anybody without somebody saying hello. And now people won't even
look you in the eye. They just look down. They
wore dark clothes like they do up in New York,
and I feel like I'm in downtown Brooklyn. You don't
hear the Southern accent here anymore. Yeah, you just it's
(20:12):
very New York now and it's changed politics quite a bit,
and it's really scaring the heck ass. So with man Donnie,
I was afraid that a lot of people are going
to be moving down here now.
Speaker 2 (20:23):
Yeah, I'm afraid. So you're gonna get more of them.
They're going to be all out of the place, all right,
Thanks for calling, Stuart. Yeah, if you watch the Andy
Griffith Show today, it'd be a whole different show. Actually,
you know what, that would be an actual good idea
for a sitcom. You bring back the Andy Griffith Show,
only his town is getting overrun by hipsters from Brooklyn
and New Yorkers and people from Long Island changing everything.
(20:47):
Let's go to Vincent and Brooklyn. Vincent, how you doing, Good.
Speaker 6 (20:51):
Morning, Mark, I'm okay, Good morning Mara, Stuart. I live
in downtown Brooklyn and it's even worse than you. I
mean it is.
Speaker 7 (21:02):
These liberals here are absolutely horrible and I'm sorry to
hear that they're bringing the liberal cancer down down South.
Mark uh the news media to fake news media don't
seem to realize or they don't want to report on it.
It's not affordability, it's unaffordability created by democratic politicians. The
(21:28):
property taxes and the fees run through everything like Montezuma's revenge.
These are the liberal news media in this country. Should
go query some of the world leaders in Europe because
I've seen the affairs that they have in the ballrooms
in Europe, and probably they're saying, thank god Donald Trump's
(21:53):
in office, because we're sick of having to go to
the bedroom and port of sans sit up lastic jair.
Speaker 2 (22:00):
What Vincent is talking about, believe it or not, Vincent
the startment, believe or not. That East room of the
White House didn't hold very many people, so when had
a big event, they had to do it in a
tent on the lawn and the guests had to use
porta potties.
Speaker 3 (22:13):
Can you imagine porter partties compared to the Palace of Versailles,
Because Mark, I've seen and I've actually been in some
of these Italian ballrooms in these palaces.
Speaker 7 (22:24):
Donald Trump is doing the right thing, rather than spending
two hundred and fifty million dollars on some cheesy basketball
court like Barack Obamas.
Speaker 2 (22:34):
H you know you're absolutely right, Vincent. A great call.
The ballroom is a good act. Can you imagine you're
the president of France. You come to a major dinner
at the White House and it's in a tent on
the lawn and you have to go to a porta
potty like you're at a wedding and hunting and this
is so Trump is absolutely right. Hey, when we come back,
here's a great guest. John Carney is one of the
(22:56):
best brightest guys on the economy in the world. He's
the editor of breit Bart Business Digest. But he is
the smartest guy. You'll love him. He'll be with us
next on seven to ten. Wor here's more Mark Simone
on seven to tenor well, hey, how do we pick
our guest? We just bring you the smartest people on
earth and John Carney brilliant. He is the business editor
(23:19):
of Breitbart News the Business Digest. By the way, you
should sign up for that daily newsletter, the Breitbart Business
Digest newsletter. Excellent stuff. He writes that with Breitbart editor
in chief Alex Marlow. But he's a brilliant guy on
the economy. On business from Breitbart, John Carney, how you
doing very good? Doug's having Mark Hey anytime. So the
(23:43):
election in Tennessee, the election wherever you look. Affordability. They
keep using this word affordability. Affordability. Now, how do Democrats
run every inch of New York for fifteen years and
then tell you there's an affordability crisis and they'll fix it.
Speaker 5 (23:58):
That's a great question. Look, the plans that the Democrats have,
particularly in New York and Mandami, won't make New York
any more affordable. In fact, his plan to freeze rents
will actually make it much harder for anybody to find
an apartment in New York because guess what happens when
(24:19):
a landlord can't raise the rent. It means that somebody
who otherwise would move out stays in the apartment forever.
I have friends who live in rent controlled apartments that
they inherited from their grandparents. Yeah, I mean, like literally,
they're like real estate royalty in New York. And it's
funny that a socialist is putting this in place, but
(24:42):
that's what it creates, is people who never let go
of their apartments.
Speaker 2 (24:45):
Hey, so when you get to the midterms, I know
you could give me statistics and prove things are getting better.
But Democrats in the fake news, they've done a good
job of creating the illusion that we're in a crisis
as far as inflation and prices. What does the president
need to do to counter that?
Speaker 5 (25:02):
So one thing that the Trump and the Republicans have
an advantage, which is time is on their side. Right now,
inflation is running around three percent, but it's coming down.
We've seen the price of gasoline come down a lot
over the last two months, sheeper gasoline. The inflation continuing
(25:25):
to come down. I think by the time we get
to say, like next summer, so that which is around
when people start to decide how they're going to vote. Right,
the people don't decide really on the election day. They
decide sometime, you know, a few months ahead of time.
By the time we get to next summer, I think
actually that this sure, the media will still talk about affordability,
(25:50):
but people won't be feeling it the way they are
right now. Right now they're still dealing with basically the
hangover of Biden. Inflation prices went up a lot. But
as we get further and further away from that, inflation
will continue to come down and people's sort of anger
over how high prices already are will fade a little bit.
(26:11):
So a big time is on their side. So really
all they need to do is stay the course, don't
freak out, and frankly, don't give it into this word
of affordability. If you're talking about affordability as a Republican,
you're losing. You need to talk about opportunity, You need
to talk about growth. Affordability is Frankly, Donald Trump's right
(26:35):
when he called it a con job. It is a
It is a phrase that they never used when inflation
was running at nine percent under Biden. Now it's a
crisis because the media has made it one.
Speaker 2 (26:47):
It's a con job. But it's a good one. It works,
you know, it is.
Speaker 5 (26:50):
It's working.
Speaker 2 (26:52):
Hey, But people have to realize as far as the
big beautiful bill, nothing is kicked in yet, right, What
changes now in January with that? That's right?
Speaker 5 (27:01):
So one of the we're going to see a couple
changes that are very important. One is the no tax
on tips, which will be a very big deal. You know,
if you are working in a service job and you
are paid primarily in tips, this is a huge tax
cut for you. So we're going to see that kick in. Also,
there will be no tax on additional income if you're
(27:24):
collecting Social Security, that will be important. The other thing
that has already started to kick in, and we're going
to see it even more as we get into the
new year is the automatic depreciation of capital investments. Now,
I know that sounds really wonky and nerdy, but what
(27:45):
it means is that businesses can actually invest and write
off right away the full expense of the new machinery
they buy, the new factory they build. That's a big
deal and it will encourage a lot more investment. And
when you get that kind of investment, you increase productivity,
(28:06):
which will then actually increase employment as well. So I
think actually the job market, which has been a little
shaky today we got a shaky report from the from ADP,
I think we're actually going to see the job markets
start to pick up a lot too, and that will
assuage people's fears about the economy as well.
Speaker 2 (28:25):
Yeah, also, you have a new FED chairman coming, but
how much difference is that going to make? And the
role of the FED seems to be a little crazy
right now. It shouldn't have this kind of importance, should it.
That's right.
Speaker 5 (28:37):
In a perfect world, we wouldn't care so much who
the FED chairman is. I think actually one of the
legacies of Jerome Powell has been a over highlighting of
the FED chairman. He looked back in You know when
under Paul Volker or Alan Greenspan, nobody knew what the
(28:58):
FED was doing because they didn't even have conferences and
when they got called before Congress they were talk in riddles.
I'm not sure we need to go back to that.
But Bernanke when he was FED chairman, sat behind a
desk when he held his press conferences. It was kind
of like doing office hours with a professor. What are
the innovations of Jerome Powell was to stand in front
(29:18):
of a podium like he is the President of the
United States and basically make a speech. I think the
next FED chairman, if I had one request, there would
be no more podium. Sit behind a desk. Again, don't
act like a politician. Don't act like you're the most
important person in the world. Sit behind a desk, talk academically,
(29:41):
don't give a speech.
Speaker 2 (29:42):
Yeah, that's a good point, hey, John Carney. Now let
me ask some Democrats will complain about tariffs. Have tariffs
raised the prices? Tariffs? It's a burden on the consumer
because they'll pay the take, don't they? Then the Democrats,
aren't they proposing tariffs when they talk about a corporate
tax increase. Isn't that the same thing, same effect as
a tariff.
Speaker 5 (30:02):
It's actually not just the same effect. It's the same
exact thing. The consumers don't pay tariffs, right. The first
person who pays a tariff is the person who is
importing a good That is a company, it's Walmart, it's Target,
it's a big business that is importing the goods those are.
(30:22):
That's who pays the tariff. It is a form of
a corporate tax. So when Democrats say, oh, you know
that that tax will be passed on to consumers, which,
by the way, it really hasn't paid. What we businesses
have been telling us actually in all of their earnings
that they're actually having a really hard time trying to
pass it on to consumers. Who's paying it is it's
(30:44):
coming out of the bottom line of businesses or the
manufacturers abroad, are lowering their price to keep themselves competitive
in the US. But a raise of corporate tax somehow
the Democrats think, will mysteriously not be passed up. So
they say that the tariff will be, but the corporate
taxt won't. Their point really doesn't make much sense. And
(31:07):
if anything, a corporate tax is more likely to be
passed on to consumers because it can't be paid at
all by a foreign manufacturer. There's nobody to push it
back onto, so it will be paid by both consumers
and investors. Actually, which you know is the same thing.
You know, people, It will come out of people's four
(31:28):
one ks, the retirement plans. That's who ends up paying
the corporate tax.
Speaker 2 (31:32):
Wow. Very good explanation. Sayah, so tariff's easier on the consumer.
Corporate tax boom hits the consumer immediately, absolutely, John Carney,
great having you on. Let's do it again soon and
thanks for the It's the best thing every day to
read the Breitbart Business Digest. You just go to Breitbart
right sign up for the newsletter every day.
Speaker 5 (31:54):
Yep, Breitbart dot com slash newsletters. There's a whole bunch
of them. You should sign up for all of them.
They're all ex but Bredburn Business Dies comes out every day,
and one of the things I really like about it
is we don't just tell you what has the news,
but what it means for your future. So what's going
to happen next? If you want to know what's going
to happen in the economy next, look at Breitbart Business Digest.
(32:15):
Sign up comes her inbox. It's totally free.
Speaker 2 (32:18):
Yeah, and all the smartest people read it. Larry Kudloer
reads it every day, the President reads it. Everybody loves it.
It's the bright bart.
Speaker 5 (32:24):
Surry Secretary Scott Besst says it's his first thing reading
every day, So you.
Speaker 2 (32:29):
Can't do better than that. So you can read it
to every day. Sign up Breitbart Business Digest. Go to
Breitbart and sign up for it under newsletters. Great stuff,
John Carney, thanks for being with us. Thanks Mark, all right,
take care, Hey, don't forget. Buck and Clay are coming
up at noon today with an excellent show. And then
three o'clock you got Sean Hannity, the most listened to
(32:52):
radio show in America. He's been doing it right from
the swamp for a couple of days. Interesting shows. And
then you got Jesse Kelly it's sick and the best show,
our best news show is Jimmy Fayla excellent stuff. It's
every night. You got to listen to it at nine
o'clock on seven to ten wor in Mark on demand
(33:13):
by setting a preset for his podcast on the iHeartRadio app.
Now back to Mark Simon on war.
Speaker 3 (33:22):
Hei.
Speaker 2 (33:23):
We got a lot to get to in the next hour.
We'll get some mom Donnie, there's some interesting developments there.
We'll get to Hey, the Trump accounts for little kids,
new babies. This is a brilliant idea. That's why I'll
get no coverage in all, but it's a great idea.
So we got a lot to get to in the
next hour. With today, it's Wednesday, already Wednesday, tree lighting tonight.
(33:45):
It's going to be a mess traffic wise around Rockefeller Center.
Just remember that's actually a good luck alert day today. Now,
don't go away. We'll be back with another hour ago
right after the news on seven to ten wor
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