Episode Transcript
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Speaker 1 (00:00):
Over to the Legacy Retirement Group dot com phone line.
I love checking in with Bob clegg, our GOP analyst
from right here based out of Delaware, Ohio.
Speaker 2 (00:08):
Bob, hope you had a good weekend.
Speaker 1 (00:09):
How you doing this morning, sir, good, doing great, My
friend doing great. Let's start with the story that is
fairly meaningless, but it's fun to talk about, and that
is the fact that President Trump wasn't wearing black at
the Pope's funeral, and.
Speaker 2 (00:25):
It's got people all all worked up.
Speaker 1 (00:28):
He was wearing he was wearing a blue suit, and
there was a number of people wearing blue suits, by
the way, including former President Joe Biden.
Speaker 3 (00:37):
Prince William wore Prince Williamore.
Speaker 2 (00:39):
I don't think Vladimir's Lensky even had a tie on.
Speaker 3 (00:42):
Bob, No, he did not. I checked that.
Speaker 1 (00:45):
I mean, that's to me, that's more as a Catholic,
that's more offensive to me than the not wearing black
at a funeral.
Speaker 3 (00:53):
Yeah. Well, I mean, once again, you know the media
is gonna go where they're gonna go, and and now
gotten to the level of ridiculous.
Speaker 2 (01:02):
That's exactly right.
Speaker 3 (01:03):
Do you expect anything more there?
Speaker 1 (01:06):
No, No, it's it's just fun to talk about though,
and it's fairly meaningless, but you know.
Speaker 2 (01:11):
Things that do matter tomorrow.
Speaker 1 (01:13):
Trump is in office for officially now one hundred days,
which is it's always been sort of an arbitrary milestone,
you know, the first one hundred days in office, a
little over three months since taking the oath on January twentieth.
So his approval rating, there's a bunch of polls out there.
It shows a little bit of weakness that some of
his ratings have dipped a little bit as he approaches
(01:35):
this one hundred day mark. What do you make of
that people are growing a little skeptical, mainly on the economy,
because I mean, you really don't You can't point to
the border or immigration and find anything wrong. I mean,
I guess it depends on your beliefs, but I mean
he's done a lot of good and I think the economy,
specifically with tariffs, that's what's got people maybe kind of
(01:58):
looking twice at some of these poles here.
Speaker 3 (02:01):
Well, I mean, Mike, if you look back eight years
when he did his first term, his numbers are approval
numbers are quite a bit better than they were that
that go round. So I mean that in itself I
think is great. It's yeah, people, I mean, that was
like the number one reason why people voted for President Trump,
(02:23):
you know last November was the economy. And you know,
as bad as shape as he's taken it, you know,
as it was when he took it over. I mean,
it's not like the tariffs have caused prices to go up.
I mean, other than the tariffs that have gone into
effect against China, the other tariffs really haven't even kicked
in because he's still negotiating, so we don't know what's
(02:46):
going to happen. I think it's more people are worried
about what might happen rather than what's actually going on.
Speaker 1 (02:52):
Well, I think that's very well said. It's the anticipation
and it's the uncertainty which really drives the markets up
and down. We know, markets like certainty, they like boring,
they like to just do their thing behind the scenes.
And when people aren't sure what's going on, that's when
they start saying, oh, I'm going to pull some money
out of the market or I'm going to take some profits.
Speaker 3 (03:11):
Now.
Speaker 1 (03:12):
It goes down, people see bargains, they get back in,
it goes back up, and then lather rints repeat. So again,
these terriffts that I mean weren't really announced until about
three weeks ago. It's far too soon, I think to
cast any judgment on whether they're going to be effective
or not.
Speaker 3 (03:29):
Well, yeah, Mike, remember once again, eight years ago, when
he went and put in tariffs against China, we heard
very similar talk that this was going to crash the economy,
it was going to cause you know, wide scale inflation
and gets what. None of that happened, to the point
where when Joe Biden came in in twenty twenty one,
(03:52):
he didn't take off any of those terriffs against China
that Trump had put in. So, I mean, I think
we got to just wait and see how this all
plays out. I mean, it's Donald Trump, He's a negotiator.
He's gonna use tariffs as a club over some of
these countries' hads where we've been at a disadvantage for
(04:13):
the last fifty years and it's got to be changed.
Speaker 2 (04:17):
And I think most people agree with that.
Speaker 1 (04:19):
I think, you know, depending on whether you like Trump
or not, I think if you're honest, if you're intellectually honest.
Speaker 2 (04:25):
Bob Clegg GOP strategist.
Speaker 1 (04:28):
You're saying, you know, there's a reason that other countries
have tariffs in place too. It's because they work, and
we just got the short end of the stick for
fifty years, as you point out, So it's time to
like eliminate that advantage and level the playing field. There's
nothing wrong with that, and it's going to be you know,
a bumpy along the way, but we may get to
(04:48):
the point where he rolls some of these back or
cancels them or negotiates, and according to the administration, we've
got you know, eighty ninety one hundred countries at the
bargaining table as we speak, wanting to work out a
better deal.
Speaker 3 (05:02):
Yeah, and Mike, also remember not only do we want
to level the playing field, which is very very important,
we also want to have a lot of these things
that we now import to be made here in the
United States. The one thing we found out about COVID
was we found out how our supply chain is so
(05:23):
fragile when we have so many things, including our pharmaceuticals,
being made in China. Now you know we can't rely
on China. I'm sorry, I mean, if we ever get
to that point as a country, we're in bad shape.
So also the other thing about all this is to
try to get American manufacturers to manufacture, especially our essentials
(05:48):
here in the United States.
Speaker 2 (05:49):
Again absolutely absolutely there is.
Speaker 1 (05:52):
I mean, pharmaceuticals scares the daylights out of me. If
you're telling me that people can't get their their normal
every day a common drugs.
Speaker 2 (06:01):
Whether it's for cholesterol or blood pressure or.
Speaker 1 (06:04):
You know, uh in diabetes, meta diabetes medicine, that we
need to make that stuff here and and not rely
on China because they say, okay, well we're done supplying
you drugs.
Speaker 2 (06:15):
Now we've got a big problem.
Speaker 3 (06:18):
Yeah, and and and we saw it also with computer chips,
and obviously here in Central Ohio we're a little bit
more aware of that with Intel and all of that
that's going on. But that's another area where it's going
to be essential that we are producing these things here
in the United States so that you know, we it
creates more jobs, and it creates a more secure country
(06:39):
in the end.
Speaker 1 (06:40):
Speaking of a GOP analyst, Bob Clegg, Bob, we'll switch
gears and let's talk some local politics. You've got the
the May six primary, which I don't think anybody gives
a rip about. I think the big thing that people
will be voting on is issue. To talk about that
for a second. That is, that's more the kind of
(07:01):
an infrastructure funding bill, is it not.
Speaker 3 (07:03):
Yeah, it's something that I think began sometime back in
the nineteen eighty here in Ohio, and it has to
come up periodically for renewal and it's floating a bonds,
which you know a lot of people say, well, that's
no new taxes, no, but it's still going to cost
the tax care money. I mean there's interest on those
(07:24):
bonds things like that that have to be paid. So
I mean it's not like, you know, the tax payer
gets off Scott got free on this, but it's for roads, bridges,
infrastructure issues, things like that. And it's now called state
issue too, because last year they changed the law and
now for the next I think fifty years there every
(07:47):
time there's a state issue on the ballot, it's just
going to take the next number. Okay, so the next
one that's on the ballot is going to be state
issued three whenever.
Speaker 2 (07:55):
That may be, of course, And that's the big one.
Speaker 1 (07:58):
There's a variety of school levies and you know, some
some local local offices, you know, local dog catcher and
all those kind of things are on the ballot in
uh here in a couple of weeks on well not
even a couple of weeks. That's the next week on
the sixth. So the other thing. Have you what's going
on with the governor's race. It's been I know we
(08:20):
have a minute before we get there, but it's it's
been kind of quiet with you know, Vi vike Ramaswami,
Dave Yost.
Speaker 2 (08:27):
I think that's all that's in right now.
Speaker 1 (08:29):
Amy Acton on the Democrat side, have you have you
you follow this kind of stuff?
Speaker 2 (08:33):
Have you heard anything?
Speaker 3 (08:34):
No, I mean other than obviously the Trump endorsement of
the veke was was big, and you know everybody's waiting
around to see what Dave Yost is going to do.
I think the key there will be to see what
his fundraising totals look like when he you know, uh
reveals them. I think they have to reveal them as
(08:55):
of June thirtieth of this year, so you know, you'll
see his raising before the Trump endorsement, and you'll see
his fundraising after the Trump endorsement, and that that will
maybe send a signal one way or the other.
Speaker 1 (09:09):
I saw Lieutenant Governor coach Jim Trussel on TV and
I'll tell you what he was. Trust was looking good.
He was looking he was looking pretty gubritatorial to me.
He had a suit on, he was looking pretty sharp.
Over the weekend on one of the news shows, any
any any thoughts on him maybe entering the race.
Speaker 2 (09:28):
I think that would throw the race kind of on
its side if he joined.
Speaker 3 (09:31):
Well, there are rumors out there, and and and there
was a pack pro the vague pack that that ran
some ads about the Trump endorsement through the month of March,
and I think that was more about Jim Trussell than
it was about Dave Yost. I think the potential Jim
Trussell candidacy may look a little bit more daunting than
(09:55):
the Dave Yost candidacy as far as the Ramaswami people
are are looking at