Podcast appearances and mentions of Jared Bernstein

Tonight on The Last Word: Conservatives slam Donald Trump's tariffs as unconstitutional. Also, tourism from nations hit by Trump's tariffs plummets. Plus, while leaving his White House role Elon Musk dodged a question about a New York Times reports on his alleged drug use on the campaign trail. And Trump pardons criminals convicted of tax and fraud crimes. Jared Bernstein, Nevada Attorney General Aaron Ford, Ruth Ben-Ghiat, and Brendan Ballou join Ali Velshi.

MSNBC's Ari Melber hosts "The Beat" on Thursday, May 15, and reports on SCOTUS hearing arguments in President Trump's birthright citizenship case, new fallout from Trump's trade war and the latest developments in the Diddy trial. Amb. Gordon Sondland, Jared Bernstein, Emily Bazelon and Steven Levitsky join.

Stand Up is a daily podcast that I book,host,edit, post and promote new episodes with brilliant guests every day. Please subscribe now for as little as 5$ and gain access to a community of over 700 awesome, curious, kind, funny, brilliant, generous souls Check out StandUpwithPete.com to learn more Dean Baker co-founded CEPR in 1999. His areas of research include housing and macroeconomics, intellectual property, Social Security, Medicare, and European labor markets. His blog, Beat the Press, provides commentary on economic reporting. His analyses have appeared in many major publications, including The Atlantic, The Washington Post, the Financial Times (London), and the New York Daily News. Dean received his BA from Swarthmore College and his PhD in economics from the University of Michigan. Dean has written several books, including Getting Back to Full Employment: A Better Bargain for Working People (with Jared Bernstein, Center for Economic and Policy Research, 2013); The End of Loser Liberalism: Making Markets Progressive (Center for Economic and Policy Research, 2011); Taking Economics Seriously (MIT Press, 2010), which thinks through what we might gain if we took the ideological blinders off of basic economic principles; and False Profits: Recovering from the Bubble Economy (PoliPoint Press, 2010), about what caused — and how to fix — the 2008–2009 economic crisis. In 2009, he wrote Plunder and Blunder: The Rise and Fall of the Bubble Economy (PoliPoint Press), which chronicled the growth and collapse of the stock and housing bubbles and explained how policy blunders and greed led to catastrophic — but completely predictable — market meltdowns. He also wrote a chapter (“From Financial Crisis to Opportunity”) in Thinking Big: Progressive Ideas for a New Era (Progressive Ideas Network, 2009). His previous books include The United States Since 1980 (Cambridge University Press, 2007), The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer (Center for Economic and Policy Research, 2006), and Social Security: The Phony Crisis (with Mark Weisbrot, University of Chicago Press, 1999). His book Getting Prices Right: The Debate Over the Consumer Price Index (editor, M.E. Sharpe, 1997) was a winner of a Choice Book Award as one of the outstanding academic books of the year. Among his numerous articles are “The Benefits of a Financial Transactions Tax,” Tax Notes 121, no. 4 (2008); “Are Protective Labor Market Institutions at the Root of Unemployment? A Critical Review of the Evidence” (with David R. Howell, Andrew Glyn, and John Schmitt), Capitalism and Society 2, no. 1 (2007); “Asset Returns and Economic Growth,” with Brad DeLong and Paul Krugman, Brookings Papers on Economic Activity (2005); “Financing Drug Research: What Are the Issues,” Center for Economic and Policy Research (2004); “Medicare Choice Plus: The Solution to the Long-Term Deficit Problem,” Center for Economic and Policy Research (2004); “Professional Protectionists: The Gains From Free Trade in Highly Paid Professional Services,” Center for Economic and Policy Research (2003); and “The Run-Up in Home Prices: Is It Real or Is It Another Bubble?,” Center for Economic and Policy Research (2002). Dean previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He has also worked as a consultant for the World Bank, the Joint Economic Committee of the US Congress, and the OECD's Trade Union Advisory Council. He was the author of the weekly online commentary on economic reporting, the Economic Reporting Review, from 1996 to 2006.   Join us Monday's and Thursday's at 8EST for our Bi-Weekly Happy Hour Hangout!  Pete on Blue Sky Pete on Threads Pete on Tik Tok Pete on YouTube  Pete on Twitter Pete On Instagram Pete Personal FB page Stand Up with Pete FB page All things Jon Carroll  Follow and Support Pete Coe Buy Ava's Art  Hire DJ Monzyk to build your website or help you with Marketing

As President Trump's tariffs take effect, many American consumers will have to wean themselves off cheap goods made in China. Former President Joe Biden's economic adviser Jared Bernstein joins us for more. And, as climate change makes heavy rainfall in London more frequent, Here & Now's Chris Bentley reports on the city's "super sewer" system, designed to keep sewage out of the Thames River. Then, Here & Now's James Mastromarino discusses three surprising video game hits: an unexpected remaster of "The Elder Scrolls IV: Oblivion," the French RPG "Clair Obscur: Expedition 33," and indie puzzle game "Blue Prince."Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

MSNBC's Ari Melber hosts "The Beat" on Wednesday, April 30, and reports on Donald Trump's economy, his challenges to the rule of law, Elon Musk in Trump's first 100 days and Trump's attempted shakedown of prominent U.S. institutions. Teddy Schleifer, Jared Bernstein, and Julian Zelizer join.

Aisha Braveboy, the State's Attorney for Prince George's County, Maryland, joins to discuss the tools at her disposal to hold people accountable for the mistaken deportation of Kilmar Abrego Garcia. Plus, former Chair of the Council of Economic Advisers Jared Bernstein on the new lawsuits facing Trump for his economy-tanking tariff regime. 

The Inside Economics team is joined by the former chair of the White House's Council of Economic Advisors, Jared Bernstein. Jared shares his evaluation of what has been a whirlwind few weeks for the global economy. With a healthy dose of humility, the group then debates where things might be headed in the U.S.-China trade war as well as which country they see as possessing more leverage. The group is also joined by Martin Wurm and Matt Colyar to discuss recent financial market volatility and the latest inflation data.Guest: Jared Bernstein, Former Chair of the Council of Economic Advisors under Joe BidenFor more from Jared Bernstein, check out his Substack: https://econjared.substack.com/Hosts: Mark Zandi – Chief Economist, Moody's Analytics, Cris deRitis – Deputy Chief Economist, Moody's Analytics, Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody's AnalyticsFollow Mark Zandi on 'X', BlueSky or LinkedIn @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

MSNBC's Ari Melber hosts "The Beat" on Friday, April 4, and reports on the stock market plummet as Donald Trump's tariffs continue to shock global trade for the second day. Plus, Melber is joined by former Trump aide Chad Wolf to discuss Trump's immigration policies. Jared Bernstein also joins.

President Donald Trump is set to announce that he'll impose sweeping new global tariffs on imports, and Congressional Republicans are already scrambling wildly to try to shield their states and districts from the fallout. Meanwhile, a Fox News poll finds that Trump is sliding on the economy, with the public turning against tariffs in particular. And an Associated Press survey also has terrible news for Trump on this front. Notably, all these negative consequences kicked in well before the tariffs have even started. We talked to Jared Bernstein, former chair of President Biden's Council of Economic Advisers and now a visiting scholar at Stanford, who has a new piece on his Substack predicting the consequences could be dire. He explains why the tariffs are so wrongheaded—and why they're likely to cause major backlash against Trump and his party.  Looking for More from the DSR Network? Click Here: https://linktr.ee/deepstateradio Learn more about your ad choices. Visit megaphone.fm/adchoices

President Donald Trump is set to announce that he'll impose sweeping new global tariffs on imports, and Congressional Republicans are already scrambling wildly to try to shield their states and districts from the fallout. Meanwhile, a Fox News poll finds that Trump is sliding on the economy, with the public turning against tariffs in particular. And an Associated Press survey also has terrible news for Trump on this front. Notably, all these negative consequences kicked in well before the tariffs have even started. We talked to Jared Bernstein, former chair of President Biden's Council of Economic Advisers and now a visiting scholar at Stanford, who has a new piece on his Substack predicting the consequences could be dire. He explains why the tariffs are so wrongheaded—and why they're likely to cause major backlash against Trump and his party. Looking for More from the DSR Network? Click Here: https://linktr.ee/deepstateradio Learn more about your ad choices. Visit megaphone.fm/adchoices

President Donald Trump is set to announce that he'll impose sweeping new global tariffs on imports, and Congressional Republicans are already scrambling wildly to try to shield their states and districts from the fallout. Meanwhile, a Fox News poll finds that Trump is sliding on the economy, with the public turning against tariffs in particular. And an Associated Press survey also has terrible news for Trump on this front. Notably, all these negative consequences kicked in well before the tariffs have even started. We talked to Jared Bernstein, former chair of President Biden's Council of Economic Advisers and now a visiting scholar at Stanford, who has a new piece on his Substack predicting the consequences could be dire. He explains why the tariffs are so wrongheaded—and why they're likely to cause major backlash against Trump and his party.  Looking for More from the DSR Network? Click Here: https://linktr.ee/deepstateradio Learn more about your ad choices. Visit megaphone.fm/adchoices

MSNBC's Ari Melber hosts "The Beat" on Tuesday, March 11, and reports on the stock market plunge and Donald Trump's "triple legal blow." Plus, Grammy-winning artist Lupe Fiasco joins Melber. Jared Bernstein, Rick Wilson and Leslie Caldwell join.

Can Trump's trade policies and US protectionism bring economic gains to the middle and working class? On this episode we hear from two people with vastly different perspectives: President Biden's former economic advisor Jared Bernstein, and American Compass Executive Director Oren Cass, whose thinking on these issues have influenced a number of younger Republican politicians such as Tom Cotton, Josh Hawley and most importantly, Vice President J.D. Vance. The host of the Munk Debates is Rudyard Griffiths To support civil and substantive debate on the big questions of the day, consider becoming a Munk Member at https://munkdebates.com/membership Members receive access to our 15+ year library of great debates in HD video, a free Munk Debates book, newsletter and ticketing privileges at our live events. This podcast is a project of the Munk Debates, a Canadian charitable organization dedicated to fostering civil and substantive public dialogue - https://munkdebates.com/ Senior Producer: Ricki Gurwitz Editor: Kieran Lynch

Joining Cardiff for this episode is Jared Bernstein, who was most recently the Chair of the Council of Economic Advisors for President Joe Biden following a long career in economic policy and public service. Jared shares with Cardiff his thoughts on the current economic moment, the achievements he was most proud of during the Biden years, and a few regrets. They also discuss: How the econ policymaking sausage gets madeTrade policy, globalization with allies, and concerns about protectionismInflation challenges, including the impact of the American Rescue PlanUnions and worker bargaining powerThe housing supply crisis and the role of federal incentives for local reformsImmigrationAI's possible effects on labor and productivity How an early musical career led Jared to economicsRELATED LINKSJared's Substack newsletterJason Furman's Foreign Affairs articleJared's response to Furman2024 Economic Report of the PresidentEIG's analysis on “Manufacturing jobs boom not reaching places hit by the China Shock” Hosted on Acast. See acast.com/privacy for more information.

US Council of Economic Advisers Chair Jared Bernstein speaks on the fight against inflation, the Biden administration's relationship with the Fed, and Trump's economic policies. He speaks with Bloomberg's Joe Mathieu and Kailey Leinz. See omnystudio.com/listener for privacy information.

Tonight on The Last Word: President Biden lays out the economic legacy that Donald Trump will inherit. Also, Adam Schiff is sworn in as a U.S. senator on Monday by Vice President Harris. And Lisa Blunt Rochester is elected as Delaware's first female senator and first Black senator. Jared Bernstein, Sen. Adam Schiff, and Sen.-elect Lisa Blunt Rochester join Lawrence O'Donnell.

A Democratic poll showed rather shocking result as 41% of people polled picked Kamala Harris, again! Coming in a distant 2nd was Gavin Newsom at 8%, Josh Shapiro at 7% and Pete Buttigieg at 6%. Maybe Democrats really took to heart "what she can be, unburdened by what has been." It looks like the MAHA movement is really taking shape in content consumption, 6 out of the top 10 shared podcasts on apple podcast were about health and wellness. What it really shows is that the American people are getting their information from different places and the legacy lies are crumbling away right before our eyes. Morning Joe hosts Joe and Mika are now joking they "could be fired anyday" as Comcast is looking to dump MSNBC as fast as they can. CNN and ABC aren't faring any better and it's only a matter of time before some of the top voices are on the chopping block. This was evident during The View as Sunny Hostin's rant about Matt Gaetz was immediately retracted with a legal message Sunny was forced to read. As the scrutiny about Trump's nominations continues, we here at the Sean Spicer Show have pulled up the qualifications of members of the current Biden administration. For example, Jared Bernstein, current Chair of Council of Economic Advisors, has a bachelor's degree in music and Mayorkas has no security background! DeSantis' move in Florida will help determine his future political aspirations, so keep an eye on how the chess pieces move around to fill Marco Rubio's empty seat. Last but certainly not least... This week's winners and losers! Featuring: Natalie Winters Co-Host | The War Room https://warroom.org/ Bradley Devlin Politics Editor | The Daily Signal https://www.dailysignal.com/ Larry O'Connor Host | O'Connor and Co. https://www.wmal.com/oconnor-company/ -- Trump may never do another rally so this may be your last chance to experience it for yourself! Front Row Joes: https://frontrowjoes.movie/ -- Sponsors: Wired 2 Fish Do you want to drink coffee from the finest coffee beans in the world? Wired 2 Fish sources directly from Mexico and Guatemala to bring you the freshest arabica coffee beans in the world. Wired 2 Fish cares so much about the earth that they give back 25% of their net profits to faith-based organizations and clean water initiatives. If you're a coffee lover and want to support a great company doing great work head to https://www.wired2fishcoffee.com/ use code: WECARE for 15% off your first order. Delta Rescue Visit Delta Rescue at: https://deltarescue.org/ and donate to one of the country's best, care for life, no-kill animal sanctuaries. 4Patriots Get a FREE solar panel when you purchase the Patriot Power Generator 2000X. Just goto https://4patriots.com/SPICER -- Subscribe and ring the bell for new videos: https://youtube.com/seanmspicer?sub_confirmation=1 Listen to the full audio show on all platforms: Apple Podcasts: https://podcasts.apple.com/us/podcast/the-sean-spicer-show/id1701280578 Spotify: https://open.spotify.com/show/32od2cKHBAjhMBd9XntcUd iHeart: https://www.iheart.com/podcast/269-the-sean-spicer-show-120471641/ Become a part of The Sean Spicer Show community: https://www.seanspicer.com/ Follow The Sean Spicer Show on social media: Facebook: https://facebook.com/seanspicershow Twitter: https://twitter.com/seanspicershow Instagram: https://instagram.com/seanspicershow Stay in touch with Sean on social media: Facebook: https://facebook.com/seanmspicer Twitter: https://twitter.com/seanspicer Instagram: https://instagram.com/seanmspicer/ #politics #news #theseanspicershow #seanspicer #conservativemedia #podcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Hour 1 Segment 1 Tony starts the show talking about Jared Bernstein's comments about the economy in the final weekend before the election. Tony also talks more about Tony Hinchcliffe's joke about Puerto Rico and other elections.   Hour 1 Segment 2 Tony talks about the Games of Thrones movie already in early development.   Hour 1 Segment 3 Tony talks about Hugh Hewitt storming off a broadcast and resigning from the Washington Post. Tony also talks about voting in Pennsylvania.   Hour 1 Segment 4 Tony wraps up the first hour of the show talking about Russian court fining Google.   Hour 2 Segment 1 Tony starts the second hour of the show talking with Kira Davis, host of the Just Listen to Yourself podcast and occasional fill-in host for Tony, about Mark Cuban's comments on The View saying Donald Trump has never been around strong and intelligent women.   Hour 2 Segment 2 Tony talks about CNN saying Joe Biden voters are turning back to Trump because of his policy, historic floods in Valencia, and art theft.  Hour 2 Segment 3 Tony talks with Dr. Matt Will, economist at the University of Indianapolis, about the latest in the job market.   Hour 2 Segment 4 Tony wraps up the second hour of the show talking about how every election is the most important election in your lifetime. Tony also talks about how CNN is concerned with how the election will affect the climate.    Hour 3 Segment 1 Tony starts the final hour of his show talking with Susie Moore of RedState, and occasional fill-in host for Tony, about issues with voter fraud and how the right can avoid it for Tuesday's election.   Hour 3 Segment 2 Tony talks about illegal ballot harvesting in Wisconsin.   Hour 3 Segment 3 Tony is joined by Chris Stigall, host of Philadelphia's Morning Answer on 990 AM WNTP to talk about the latest voting and polling numbers in Pennsylvania.   Hour 3 Segment 4 Tony wraps up another edition of the show by talking about 12,000 jobs produced under the Biden/Harris administration.  See omnystudio.com/listener for privacy information.

Hour 1 Segment 1 Tony starts the show talking about Jared Bernstein's comments about the economy in the final weekend before the election. Tony also talks more about Tony Hinchcliffe's joke about Puerto Rico and other elections.   Hour 1 Segment 2 Tony talks about the Games of Thrones movie already in early development.   Hour 1 Segment 3 Tony talks about Hugh Hewitt storming off a broadcast and resigning from the Washington Post. Tony also talks about voting in Pennsylvania.   Hour 1 Segment 4 Tony wraps up the first hour of the show talking about Russian court fining Google.  See omnystudio.com/listener for privacy information.

White House Chair of Economic Advisers, Jared Bernstein, reacts to this morning's jobs report and the state of the economy. Plus, a look at the venture capital space post election. And, from Apple to Microsoft to Meta, we breakdown the key takeaways from this week's tech earnings. 

Hour 2 Segment 1 Tony starts the second hour of the show talking about early voting and if votes are going to be counted after Election Day. Tony also talks about the latest polls for Donald Trump and how the left tries to correct Joe Biden's comments over garbage Trump supporters.   Hour 2 Segment 2 Tony talks about how on paper Trump Media & Technology Group is worth more than X and talks more about his upcoming event is selling out, Understanding the Election in Three Bourbons in Fishers.   Hour 2 Segment 3 Tony plays Trump's rally in North Carolina.  Hour 2 Segment 4 Tony wraps up the second hour of the show playing the current White House Press Briefing with Jared Bernstein and talks about his conversation with Dr. Matt Will from earlier in the show. Tony also talks about J.D. Vance making an appearance on The Joe Rogan Experience on Friday.  See omnystudio.com/listener for privacy information.

Hour 1 Segment 1 Tony starts the show talking about how we need wall-to-wall coverage of Puerto Rico and how Joe Biden is calling Donald Trump supporters garbage.   Hour 1 Segment 2 Tony talks about Colorado Secretary of State, Jena Griswold improperly posting passwords for voting on her website.   Hour 1 Segment 3 Tony is joined by Dr. Matt Will, economist at the University of Indianapolis, to talk about the latest GDP report showing the economy grew at a 2.8% rate.  Hour 1 Segment 4 Tony wraps up the first hour of the show talking about how Subway is shortening their customers on their meat.   Hour 2 Segment 1 Tony starts the second hour of the show talking about early voting and if votes are going to be counted after Election Day. Tony also talks about the latest polls for Donald Trump and how the left tries to correct Joe Biden's comments over garbage Trump supporters.   Hour 2 Segment 2 Tony talks about how on paper Trump Media & Technology Group is worth more than X and talks more about his upcoming event is selling out, Understanding the Election in Three Bourbons in Fishers.   Hour 2 Segment 3 Tony plays Trump's rally in North Carolina.  Hour 2 Segment 4 Tony wraps up the second hour of the show playing the current White House Press Briefing with Jared Bernstein and talks about his conversation with Dr. Matt Will from earlier in the show. Tony also talks about J.D. Vance making an appearance on The Joe Rogan Experience on Friday.   Hour 3 Segment 1 Tony starts the final hour of his show continuing to play Donald Trump's rally from North Carolina and talks more about Joe Biden calling Trump supporters garbage. Tony also talks about more illegal immigrant surges in Lockland, Ohio is unsustainable.   Hour 3 Segment 2 Tony talks J.D. Vance making an appearance on The Joe Rogan Experience on Friday after Trump did, and how Kamala Harris has since declined.   Hour 3 Segment 3 Tony talks about that when Election Day comes and goes, it will still not be over for weeks to come.   Hour 3 Segment 4 Tony wraps up another edition of the show by talking about different polls for battleground states. See omnystudio.com/listener for privacy information.

How could the proposed policy agendas between the two US presidential candidates shape markets and economies? Top economists from the Democratic and Republican parties discuss a range of economic policies, painting starkly different policy approaches in some key areas but similarities in others. In the latest episode of Goldman Sachs Exchanges, Kevin Hassett, former Chairman of the Council of Economic Advisers under President Trump, and Jared Bernstein, the current Chairman of the Council of Economic Advisers, speak with host Allison Nathan. This episode explores the latest Top of Mind report, Post-election economic policies.

Carl Quintanilla and Leslie Picker tackle today's biggest Money Movers from the floor of the New York Stock Exchange.

You may have seen the viral clip of Jared Bernstein (former Chair of the Council of Economic Advisors for Biden during the Obama Administration), fumble through answering the questions: if the United States just makes its own currency… why would it ever borrow money or go into debt? Why doesn't the government just… create more money? Nicole taps in to answer this question today and along the way, explains the new economic school of thought— Modern Monetary Theory— that is turning this question on its head. As promised, here is the cringe-y clip: https://x.com/FindingMoneyDoc/status/1786050601236779078

MSNBC's Ari Melber hosts "The Beat" on Wednesday, September 18, and reports on the 2024 campaign and political power. Plus, comedian and impressionist Matt Friend returns to The Beat. Robert Greene and Jared Bernstein also join.

Jared Bernstein is the chair of President Biden's Council of Economic Advisers. Today on the show, Soumaya gets to put him in the hot seat. She grills him about everything from price caps to inflation to the recent jobs numbers. They even get into the mysterious problem of the vibes. Soumaya Keynes writes a column each week for the Financial Times. You can find it hereSubscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Tonight on The Last Word: The Kennedy family denounces RFK Jr. for endorsing Donald Trump. Also, President Biden touts the country's economic recovery from the pandemic at the DNC. Plus, more Republicans announce their support for the Harris-Walz ticket. And Vladimir Putin bans a biography on Ukraine's Volodymyr Zelenskyy. Stuart Stevens, Arizona State Sen. Eva Burch, Jared Bernstein, Michael Brodkorb, and Simon Shuster join Ali Velshi.

Today's show opens with the press suddenly learning it is okay to let us know that Hunter Biden, on behalf of Burisma, was trying to curry favor with the US Ambassador to Italy, via the relationship of his father who was the Vice President of the United States at the time. I'm guessing this is yet another warning shot across Joe Biden's bow to stay in line. On the heels of the utter failure of the USSS on July 13 and a story from just a couple days ago of them breaking and entering a business at a Kamala Harris rally, it seems they wanted to be in the news yet again. This time, an agent at the Trump rally in Asheville, NC, abandoned her post without telling anyone so she could breastfeed her infant. Since Kamala Harris and Tim Walz refuse to sit down for any interviews or hold a press conference, it's going to be my job to inform you about who they are and what they really stand for, versus what they are saying in their stump speeches. This is the Biden-Harris economy, and even though Harris and Walz are running against it, she still owns everything she says she is now running against. Former senior advisor to both Barack Obama and Joe Biden, Susan Rice, tell MSNBC, she is tied to the Biden economy. White House Press Secretary Karine Jean-Pierre reminds everyone she is still part of the Harris-Biden regime and is still the current Vice President. On a separate note, Tim Walz praised a radical Imam who promoted a pro-Hitler film and praised Hamas for their October 7 massacre. He is trying to tell us they barely knew each other, but a soundbite from him says otherwise. Google is now saying the deceptive ads of the Harris-Walz campaign, meant to look like news stories, was a glitch on their end. Uh-huh. I keep hearing infantile excuses from supposed grown adults whenever they get caught. I'm going to say Donald Trump and JD Vance must listen to this show, since both of their recent speeches echo everything I have been telling my audience for weeks. They are focusing heavily on the economy and how Kamala owns it and will not do anything differently, otherwise she would have by now. Even CBS had to comment on Trump's focus on how good things were just four years ago compared to today. Inflation is still higher than it should be and continues to make everyday expenses even more unaffordable. Food, rent, energy and transportation are 21%-50% higher since Harris and Biden took their oath of office. What's worse, senior economic advisor Jared Bernstein put on a clown show about it at a press briefing. We then dive into the notes being given to the person who is writing this terrible techno-thriller, courtesy of Joseph Mallozzi. The plot holes and two-dimensional characters leave the story feeling contrived and cliched. Looks like Harris and Walz did do an interview after all. They interviewed each other and in so doing, admitted their phone call where Harris asked Walz to be her running mate, didn't happen like they said in a video they released last week. It seems her call when to his voicemail. The same two people who keep stealing the Trump planks to run on, now have stolen the story of how Trump called JD Vance and it went to his voicemail. Everything about the Harris-Walz campaign is fake. Take a moment to rate and review the show and then share the episode on social media. You can find me on Facebook, X, Instagram, GETTR and TRUTH Social by searching for The Alan Sanders Show. You can also support the show by visiting my Patreon page!

In this episode, we explore pressing economic questions with Jared Bernstein, Chair of President Biden's Council of Economic Advisors, and Daniel from the National Economic Council. Topics covered include the current state of inflation, the labor market, and the housing market. Key discussions focus on understanding inflation indicators like CPI and PPI, the impact of government policies on housing and rental affordability, and the role of fiscal and monetary policy in addressing economic challenges. The episode also delves into broader economic issues such as child care, eldercare, wealth inequality, and trade policy. Through these conversations, the episode emphasizes the importance of having concrete policy solutions to improve the economy and help the average consumer.00:00 Intro01:20 Inflation05:35 Labor Market11:33 Housing23:29 Conclusion

Slow job growth could be one reason why markets worldwide took a nosedive on Monday. At the beginning of August, the U.S. jobs report showed sluggish growth in July. However, the stock market has been stabilizing. And for those of us in Arizona, things are looking up. At least a little. Inflation is cooling - though that doesn't mean prices are going down, except for gas prices. Those have dropped almost 40 cents. For more than a year wages have outpaced inflation. So why do Arizonans, and most Americans, still feel a pinch in their pocketbooks? Groceries, housing, childcare, health care, everything feels so much more expensive. Why doesn't the good news feel like it's good? In this episode of The Gaggle, hosts Ron Hansen and Mary Jo Pitzl sat down with Jared Bernstein, the chairman of the White House Council of Economic Advisers, on Friday, August 2, to discuss the state of the U.S. economy, how it's affecting Arizonans, what special challenges are state is facing, and what the Biden Administration is trying to do about.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Today's show opens with the continued world wide reverberation of the bad US employment numbers from Friday. The markets have seen large sell-offs today, including a massive, first-time-ever loss on the NASDAQ of more the 1,000 points to open a trading day. This economy is owned by both Harris and Biden. They are married to it as they are to every other policy they have enacted. After some opening bell sound bites, I remind you about one of the brain-trusts Biden has as chair of his council of economic advisors, Jared Bernstein. This guy is as dumb as a box of rocks and two scoops of dirt. Another advisor, Gene Sperling has just quit the White House to work permanently on the Harris campaign. And, speaking of Harris, why hasn't she said anything yet about this failed economy? Since she has yet to address us, let's go back a year and remind you of her thoughts and wisdom about how to cure inflation. It is a wonderful example of her circuitous reasoning and word salad approach to answering a simple question. We also get thoughts on this crash from Stuart Varney and Charles Payne, both with Fox Business. We must not use the term “flip-flop” for Harris, because it allows her wiggle room enough to cause some doubt for people who might be on the fence. I illustrate this with a comment from Senator. Laphonza Butler (D-CA) when she appeared on CNN this Sunday with Dana Bash. Calling her a flip-flop allows others to paint that as “growth” and “maturation” on earlier positions. That's NOT who she is and we must not allow them to give her that opening. Then I move to yet more US Secret Service revelations. Seems the first time in the 2024 election cycle that Donald Trump was given counter-sniper teams was when he was in Butler, PA. And, yet another USSS whistleblower spoke with independent journalist Susan Crabtree about the “missing” J6 text messages from all agents' phones. Seems DHS and their agents in TSA have secretly put Tulsi Gabbard on their Quiet Skies list. It's their version of a domestic terrorist watch list. Elon Musk must have listened to Friday's show, because he made a point yesterday to comment on the stranded astronauts, saying the Boeing rocket, “Sucks!” He then wondered if he should rescue them on SpaceX? A young woman decided to tattoo her arm jet black in an effort to cover up all of her Harry Potter tattoos. She is really, really mad at JK Rowling. The question I ask is, doesn't this prove that decisions made in youth that result in permanent changes in your body, might become a regret when you grow a little older? I then treat you, in closing, with a Kamala Harris two-fer. First, we get a Deep Thoughts with VP Kamala Harris as she explains cloud computing. Then we give you her James Bond villain's laugh as she discusses being a female VP. Take a moment to rate and review the show and then share the episode on social media. You can find me on Facebook, X, Instagram, GETTR and TRUTH Social by searching for The Alan Sanders Show. You can also support the show by visiting my Patreon page!

Tonight on The Last Word: President Biden reacts to calls for him to leave the race. Also, Donald Trump wants his New York conviction tossed after the Supreme Court's immunity ruling. Plus, Biden oversees an historic stretch of low unemployment. And Trump hosts Hungary Prime Minister Viktor Orbán at Mar-a-Lago again. Lavora Barnes, Adam Klasfeld, Rep. Eric Swalwell, Jared Bernstein, and Adm. James Stavridis join Ali Velshi.

Tonight on The Last Word: Donald Trump vows to pardon January 6 criminals. Also, Monday marks two years since the Supreme Court overturned Roe v. Wade. Plus, the U.S. economy added 272K jobs in May. And Eugene Vindman wins the primary for a U.S. House seat in Virginia. Tom Nichols, Jennifer Rubin, Sen. Tina Smith, Jared Bernstein, and Eugene Vindman join Ali Velshi.

New York Governor Kathy Hochul has signed two bills into law to regulate digital platforms' algorithms and the use of children's data, aiming to protect children and teens online. Gov. Hochul discusses the impact of the first-in-the-nation legislation and also addresses the future of congestion pricing in New York City. Jared Bernstein, Chair of President Biden's Council of Economic Advisers, discusses the current state of the economy, President Biden's initiatives to lower the cost of living for Americans, government spending, and its impact on the federal budget deficit. Meanwhile, a cyber outage at retail technology and software provider CDK is affecting automobile dealers across the United States. Plus, Amazon's new AI-powered Alexa might cost you $10 per month.  Jared Bernstein - 11:33Gov. Kathy Hochul - 25:30 Jared Bernstein, @econjared46Gov. Kathy Hochul, @GovKathyHochulJoe Kernen, @JoeSquawkBecky Quick,@BeckyQuickKatie Kramer,@Kramer_Katie

We're joined by President Ronald Reagan's Budget Director, David Stockman. He tells us what real estate investors and everyday people need to know. Stockman served as Reagan's Director of Office, Management and Budget from 1981 to 1985. He tells us to expect higher inflation and interest rates for longer, maybe even the rest of the decade. Don't expect rate cuts for a long time. The US is moving toward an unsustainable debt situation, with $100T in public debt expected within twenty-five years. We have embedded deficits. Learn why the recession has been postponed. David also reveals what will inevitably pull the trigger to potentially start the recession. Hint: Household budgets. Pandemic stimulus programs gave citizens $3T. Half of it has now been spent. He was also one of the founding partners of Blackstone. David Stockman tells a story about President Reagan's personal touch with him. You can subscribe to David Stockman's Contra Corner for free here. Resources mentioned: David Stockman's Contra Corner For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 For advertising inquiries, visit: GetRichEducation.com/ad Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold   Complete episode transcript:   Keith Weinhold (00:00:01) - Welcome to our Ivory Coast, Keith Whitehill. There are some dire warning signs for the future of our economy. We're joined by none other than the father of Reaganomics. To break it down with us. Today is late. President Ronald Reagan's budget director joins us. When is this perpetually postponed recession coming? Why? Inflation and high interest rates could carry on for the rest of the decade. And what it all means to your finances and real estate today on get Rich education.   Robert Syslo (00:00:34) - Since 2014, the powerful get Rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from past real estate, investing in the best markets without losing your time being a flipper or landlord. Show host Keith Wine, who writes for both Forbes and Rich Dad Advisors and delivers a new show every week. Since 2014, there's been millions of listeners downloads and 188 world nations. He has A-list show guests include top selling personal finance author Robert Kiyosaki. Get Rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener.   Robert Syslo (00:01:08) - Phone apps build wealth on the go with the get Rich education podcast. Sign up now for the get Rich education podcast or visit get Rich education.com.   Corey Coates (00:01:19) - You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold (00:01:35) - We're going to drive from Glen Burnie, Maryland, to Glen County, California and across 188 nations worldwide. I'm Keith Reinhold, and you're listening to get Rich education. We're going bigger picture this week before we talk to President Reagan's money guy in the white House. Understand that today's guest was also one of the founding partners of Blackstone, and they are in the real estate business. You're going to get a lot of deep, uniquely qualified insights today. And I'll tell you what's going on around here. Lately, things have been feeling awfully presidential between last week's program and now this week's program. Hey. Stars and stripes forever. Semper fi. Rah! Now, as the greatest detonation in the history of the world, how in the heck are we, as the United States, going to keep financing our debt now, you can think of a treasury, also known as a bond, as an IOU, as we take on debt to fund our government spending programs.   Keith Weinhold (00:02:42) - Really, what we do is issue then these IOUs to the rest of the world and then down the road. We need to pay back these IOU holders, treasuries, holders, whatever we've borrowed with interest on top of that. That's a really simple way to describe how it works. Think of a Treasury as an IOU. Well, we have $9 trillion in treasuries that need to be rolled over at higher interest rates just this year alone. Okay. Well, how does the market look for that sort of thing? Well, a lot like before you decide to sell a piece of real estate, you would want to know how that buyer's market looks. How is the buyer's market for us selling more treasuries, which is basically us issuing more IOUs? How is that world interest level in our treasuries? Well, this is a time when the world is selling treasuries. We're trying to get rid of them. Well, why would they buy more when we keep printing like crazy, debasing the dollars that they will eventually get their treasuries repaid in down the road? Case in point, China is down to just over 700 billion of treasuries that they're holding.   Keith Weinhold (00:04:01) - Well, they were 3 trillion not too long ago, more than four times that Russia and Iran sold all of their treasuries. Other countries are shedding them too, like Japan. It gets even worse than that because the number one holder of our own debt is our own fed. And then it gets even worse than that. Yet, because even our own fed is rolling treasuries off of their balance sheet. So who is going to finance this often irresponsible US spending the 10 trillion or $11 trillion every single year for the next ten years that we have obligations toward already, and it looks like all those are going to be at higher interest rates, too. Now, I am not telling you how to think about us as the United States, for example, sending foreign aid to multiple nations. That's up to you to decide whether it's Ukraine or the Middle East or Taiwan that gets political. And that is beyond the scope of GR. We are an investing show. What I'm saying is that backdrop that I just gave you, that's something that you need to take into consideration, is you weigh those foreign aid decision types.   Keith Weinhold (00:05:20) - Speaking of getting worse, do we at least have competent decision makers today? Now, as we'll talk to the father of Reaganomics here shortly, someone that served in an earlier era. Here's a clip from this era that really went viral lately, but it's apropos to play it here. This is Jared Bernstein today. He chairs President Joe Biden's Council of Economic Advisers. How much confidence does this instill? And remember, this guy chairs the economic advisers to today's president.   Jared Bernstein (00:05:56) - The US government can't go bankrupt because we can print our own money.   Voice (00:06:00) - Like you said, they print the dollar. So why? Why does the government even borrow?   Jared Bernstein (00:06:04) - Well, the, so the I mean, again, some of this stuff gets some of the language that the, some of the language and concepts are just confusing. I mean, the government definitely prints money and it definitely lends that money, which is why the government definitely prints money. And then it lends that money by, by selling bonds. Is that what they do? They they, the.   Jared Bernstein (00:06:34) - Yeah. They, they they sell bonds. Yeah. They sell bonds. Right. Because they sell bonds and people buy the bonds and lend them the money. Yeah. So a lot of times, a lot of times at least to my year with MMT, the, the language and the concepts can be kind of unnecessarily confusing. But there is no question that the government prints money and then it uses that money to so, yeah, I guess I'm just I don't, I can't really, I don't, I don't get it. I don't know what they're talking about.   Keith Weinhold (00:07:08) - Well geez. How's that for clarity and confidence from today's major decision makers on our economy? Gosh. Now, in my opinion, back in 2020, our government, they set up the wrong incentive structure to deal with the pandemic. Remember things like the PGP, the Paycheck Protection Program, remember mortgage loan forbearance and the eviction moratorium. See when that type of aid is given, well, then the result is that citizens don't learn that they need to keep some cash handy, and then that behavior that gets rewarded gets repeated in that behavior is handouts.   Keith Weinhold (00:07:53) - And then the expectation for more handouts. 56% of Americans don't even have $1,000 for an emergency expense. Well, see, they're not really incentivized to in the future. If in a crisis, everyone just gets another taxpayer funded handout, but then see those same people that got that handout get hurt in the long run. Anyway, with the longer run inflation that the handout created, don't let there be one day of austerity for the least prepared American, I guess. Instead, bail them out and add on to everyone's debt load, which you know that right there. That seems to be the playbook. Like that is the protocol of the day that is not responsible, in my view. Now, the minutes of the latest fed meeting, they said that some fed officials would be open to raising interest rates if inflation doesn't let up. I mean, that news alone that sent stocks plunging like they were riding the Tower of Terror, giving the Dow its worst day in a while. I'll discuss that more with the father of Reaganomics, David Stockman, today.   Keith Weinhold (00:09:01) - It's the kind of episode that can stretch your thinking here. Now, what is Reaganomics? Well, one thing that you should know is that it's committed to the doctrine of supply side economics. You probably heard that term before. And really what that's all about is lowering taxes, decreasing regulation, and allowing free trade and what was called the Reagan budget. That's something that his budget director Stockman expected would help curtail the welfare state. And he gained a reputation as a tough negotiator for that. He lives on the Upper East Side of Manhattan today, and it's kind of funny with macroeconomic discussions. You'll notice something here, the word million, that doesn't even come up that much anymore. It's simply a number that is too small. It is more like billion and trillion. And hey, let's see if the term three orders of magnitude above trillion comes up today. Quadrillion, or even the one after that quintillion. Is that where we're going next? We'll see. before we meet David Simon, I've gotten more questions about something, because the national average bank account pays less than 1% on your savings.   Keith Weinhold (00:10:18) - And where do you really get a decent yield on your savings, even beyond the 5% in an online only savings account or a CD, which that does not outpace true inflation? For years now, I've reliably been getting 8%. What I do is keep my dollars in a private liquidity fund. You can do this to your cash generates up to an 8% return. The minimum investment amount is just 25 K, and you keep getting paid until you decide that you want your money back. And the private liquidity fund has a decade plus track record, and they've always paid their investors 100% in full and on time. And I would know this because I am an investor with them myself. So see what it feels like to earn 8%. A lot of other great listeners are any investing involves risk, even dollars at a brick and mortar bank. So to learn more, just text the word family to 66866. Learn more about the liquidity fund. Get 8% interest. Just do it right now while you're thinking about it.   Keith Weinhold (00:11:23) - Text family to 66866. Let's meet David Stockman. A Wall Street and Washington insider and Harvard grad. Today's guest is a former two time congressman from Michigan, a prolific author, and he is none other than the man known as the father of Reaganomics. He was indeed President Ronald Reagan's budget advisor. Welcome to the show, David Stockman.   David Stockman (00:11:54) - Great to be with you. And, that was a while back. But I think there's some lessons from that time that we would be well advised to try to apply today, that's for sure.   Keith Weinhold (00:12:05) - Well, it's an illustrious title that you'll never shake. It's a pleasure to have you here. And David is a real estate investing show. At times we need to step back and look at the bigger picture. And now on the economy, one seems to get a different answer depending on who they speak with. You have a highly qualified opinion. What do both investors and citizens need to know today about the condition of the American economy?   David Stockman (00:12:29) - I don't think the outlook is very promising, but I think it's important to understand what that means for real estate investors, because the fact is, if you're in real estate and I know many of your listeners or viewers are very knowledgeable and sophisticated, there's really two ways to look at real estate.   David Stockman (00:12:49) - One is as a property that generates a flow of cash or income that is highly reliable, and that you can count on and produces a rate of return on the invested capital that's attractive. That's one way. The second way is that if you invest at the right time, when perhaps interest rates are falling and therefore multiples or cap rates are becoming more attractive and property values are rising rapidly, mainly because of easy money and lower interest rates, then there's a huge opportunity for capital gains. As another way of generating return on capital. But those are two obviously very different tracks. The capital gains route by old invest, improve flip flop the gain and move on or the, you know, income based rent and earnings based, approach to property. Now, I think the reason I went through this is pretty elementary, of course, is that the macro environment is very different between the first strategy and the second strategy. And therefore, the important thing to understand about the macro environment is which environment are you in and is it conducive to strategy a the income strategy or b the capital gains strategy? I would say right now we're totally in an incomes strategy environment, the first route.   David Stockman (00:14:34) - And that's because as we've gone through several decades of easy money, of rapidly rising asset values, of ultra low interest rates, very high multiples, in terms of property values to income that has generated trillions and trillions of capital gains for smart real estate investors. But I think we're out of that environment, and we're in an environment now where we're stuck with massive public debt and deficits. We're stuck with a, central bank that is, basically painted itself into a corner, created so much fiat credit, generated so much liquidity into the economy that now it will be struggling with inflation for years to come. Which means, notwithstanding Wall Street's constant belief that rate cuts are coming tomorrow, there won't be rate cuts for a long time to come. And what we're facing, therefore, there is likely higher rates for longer. A environment in which property values are flat if not declining, and therefore the capital gains route is not going to work very well. But if you have good properties with good tenants and good cash flows and, rental flows, real estate mine works out pretty well.   David Stockman (00:16:05) - But you have to understand the macro environment. And that's one of the things that I work on daily when I, publish my daily newsletter, which is called, David Stockman's Contra Corner.   Keith Weinhold (00:16:19) - You can learn more about Contra Corner, David's blog, before we're done today. David, you have a lot of interesting things to say. There we are in this environment where rates have been higher, longer. It sounds like you believe that is going to continue to be the. Case is rate cuts will be postponed is a little more difficult question. It's some crystal ball stuff. But can you tell us more about that? What can we expect for inflation in interest rates for the rest of this 2020s decade, which has about six years to go?   David Stockman (00:16:48) - There's going to be high rates for most of this decade because we have so much inflation and excess demand built into the economy. We really went overboard, especially after 2020 with the pandemic lockdowns and then these massive stimulus program, something like $6 trillion of added stimulus, was injected into the economy in less than 12 months.   David Stockman (00:17:16) - That created a undertow of inflation that is still with us. And despite all the hopeful commentary that comes from Wall Street, if you look at it year to date, I don't look at just the CPI because the headline number is somewhat volatile and can be pushed and pulled a lot from a month to month based on nonrecurring conditions. But if you look at something called the 16% trimmed mean CPI, it's just the same CPI, but it takes out the lowest 8%, the highest 8% of price observations each month out of the thousands in the market basket. What it does is basically takes the extreme volatility out of the top and the bottom, and gives you a trend that is more reliable if you're looking like on a quarter by quarter or year by year or even multi year basis, well, I mentioned this is important because the trim means CPI is still running at about 4.3% during the first four months of this year to date. That's not a victory over inflation. That's double what the fed says his target is. And frankly, the Fed's target is a little bit phony.   David Stockman (00:18:35) - I mean, what's so great about 2% inflation if you're a saver and your savings are, you know, shrinking by 30% over the course of a decade, so they're going to have a tremendous wrestling match with inflation, not just for a few more months, but I think for several more years in this decade, I don't see the federal funds rate, which is kind of the benchmark rate for overnight money coming down below 5% very soon, or if at all. And that's because with inflation running at 4% or better, if you have a 5% money market rate, you're barely getting a return on capital, especially if you factor in taxes. You know, it's like it's a rounding error and that doesn't work over time. I mean, you're not going to get long term savings. You're not going to get long term capital investment. If the return is after inflation and taxes are either non-existent or negative, as they've been for quite a while. So even though everybody would like to hope we're going back to the good old days of 0% over 90 money or 1% money, which they got so used to over the last couple of decades.   David Stockman (00:19:55) - It was bad policy. It wasn't sustainable. It caused a huge amount of bubbles and distortions in our economy. But once we finally got to the end of that in March 2022, when the fed had to finally pivot and say, yeah, inflation isn't transitory, it's, embedded, we got to do something about it. People think we're going right back to where we were, and that's the key thing to understand. We are not going right back to where we were, in part because of all this inflation business I've talked about, but also in part because they got so used to borrowing money on Capitol Hill and practically zero interest rates that they are now, you know, they have built in deficits of 2 trillion or more a year. And, we are going to be pushing into the bond pits, massive amounts of new government debt. There's no consensus to do anything about it. You know, if the Republicans talk about reforming the entitlements, the Democrats say you're throwing grandma out the snow. If the Democrats talk about raising revenue, the Republicans talked about, you're going to get slaughtered with higher taxes.   David Stockman (00:21:12) - And then everybody's for more wars and more defense and the bigger and bigger national security budget. And that's all she wrote. If you don't do with revenue, you don't do it national defense and entitlements. The rest of it is rounding errors. And so we're stuck with these massive additions to the debt. Now, everybody knows the public debt. Is 34 trillion. Ready? Yeah. What I'd say they don't understand is that by the end of this decade, you ask about the decade, right? Will we close to 60 trillion of debt. And, if you look at the last CBO, projection they do every year at long term projection, and CBO actually is more optimistic than it is warranted in any way. In other words, their long term assumptions I call rosy scenario. There's no more recessions for the next couple of decades. Inflation is well-behaved, interest rates stay low. Full employment lasts indefinitely and forever. Well, this doesn't happen. Look at the real world. Over the last 20 or 30 years, we've been all over the lot.   David Stockman (00:22:18) - So if you look at the CBO forecast, which is I'm just saying here is exceedingly optimistic. They never are the less are projecting that the public debt and they don't even write this number down in their report because it's too scary, will be $100 trillion before the middle of this century.   Keith Weinhold (00:22:41) - That's a.   David Stockman (00:22:42) - Trillion. Yeah. Now, if you ask people today who are market savvy, I like a lot of your viewers. Where are the Treasury bills, notes and bonds today? Well, if you average it all out, it's about 5%. I don't think it's going to come down much. It'll vary a little bit up and down over time, but let's just say it stays at 5%. That means the carry cost of the public debt of a couple decades will be 5 trillion a year. The interest okay. It's staggering. That's almost as much as the whole federal budget is spending this today at, you know, about 6.6 6.7 trillion. So that's where we're heading, a massive debt crisis because they built in a structural deficit that the politicians and I call it the unite party.   David Stockman (00:23:33) - They fight about silly things, but they agree on the big things which are leading to this outcome. The unit party has no ability to do anything about this structural deficit or the march from the 34 trillion that we're at today to 60 trillion by the end of the decade, and 100 trillion of public debt by mid-century. Now, for a real estate investor, that's probably the most important number you're going to hear. You know, at least this week or maybe this month or even this year, because what it means is that the amount of new government debt flowing into the bond pits, that'll have to be financed and that can't be monetized by the fed anymore because there's too much inflation, is going to put constant, enormous pressure upward on interest rates. And of course, higher interest rates mean lower property values. That's just basic real estate math. That's the environment we're heading into, which means good properties with good income and good rental flows are really the only way to go.   Keith Weinhold (00:24:55) - Yeah, well, there's an awful lot there.   Keith Weinhold (00:24:57) - And with this persistent higher inflation that you expect, the way I think about it is the higher the rate of inflation, the more that moves a person's dollars out of a savings account and instead out onto the risk curve. Well, David alluded to a problematic economy. We're going to come back and talk about more of those warning signs and what you can do about it. You're listening to Get Resuscitation, the father of Reaganomics and Ronald Reagan's budget director, David Stockman, I'm your host, Keith Reinhold. Role under this specific expert with income property, you need Ridge Lending Group and MLS for 256 injury history from beginners to veterans. They provided our listeners with more mortgages than anyone. It's where I get my own loans for single family rentals up to four Plex's. Start your pre-qualification and chat with President Charlie Ridge. Personally, they'll even customize a plan tailored to you for growing your portfolio. Start at Ridge Lending group.com Ridge lending group.com.   Speaker 7 (00:26:06) - This is author Jim Rickards. Listen to get Rich education with Keith Reinhold and don't quit your day dream.   Keith Weinhold (00:26:23) - Welcome back to Get Ready. So we're talking with the father of Reaganomics. His name is David Stockman, President Reagan's budget advisor. David, you've been talking about a problematic economy and places we can look and the outcomes that that can create. Why don't we talk about some more of those where we're here in a period where we feel like it's an official recession postponed, for example, are there other places that we should be looking? Is it the sustained inverted yield curve that we had for almost two years, the longest one ever, and a Great Recession predictor? Or is it that we're on the precipice of implosion from a debt to GDP ratio that's at 122%. It actually spiked to 133% when Covid first hit. Or for example, is it something and you've already touched on it a bit, is it more of that federal spending on our debts, interest payments alone each year, which had almost $900 billion for that interest line item that now even exceeds the massive $800 billion that we spend each year on national defense, or should we be looking at somewhere else? So what's out there that's really problematic and what's overblown?   David Stockman (00:27:28) - Okay.   David Stockman (00:27:29) - That's great. And all of those things you mentioned you should be looking at, it depends on your time frame. But I think on the initial question, where is this postponed recession? Why hasn't that happened? The place to look is somewhere that I think most Wall Street analysts aren't focused on, but they should be. And that's a series published by the Federal Reserve that tracks household balance sheets, in other words, liabilities and assets. But there's a particular series that I think is critically important to look at, and it's basically bank deposits, checking account savings accounts plus money market funds. This is all the liquid cash accounts of the household sector, not long term investments in real estate or stocks or bonds, but the short term money. It's the spendable money that households have now, what happened during the pandemic and lockdowns. And then the 6 trillion Is stems that were injected into the economy, like some kind of fiscal madness was going on in Washington, created a total aberration in the amount of cash in the economy, in the household sector, in these accounts that I just mentioned, normally right before the lockdown started and the stimulus was injected, you know, the level of cash accounts was about 12 trillion.   David Stockman (00:29:00) - Within two years it was up to 18 trillion. And normally that cash balance grows about the same rate as the economy. In other words, as incomes go up, people save a small share of their income that goes into various bank accounts. There tends to be a lock step relationship. But what happened during that two year period was there was so much extra cash sent out to the households with the $2,000 checks in the $600 a week extra stimulus money, and then the, trillions that went, you know, for things like the Small Business Administration loan program, which was all forgivable, was about almost upwards of $1 trillion. You know, we could itemize all the others. But this enormous government, unusual cash flow into the economy added to these bank accounts enormously. And then something else happened. The geniuses in Washington, led by Doctor Fauci, decided to shut down half of the service sector, the economy. I'm talking with restaurants and bars and gyms, malls and movies and and all the rest of it.   David Stockman (00:30:09) - So all of a sudden, the normal money that people would have been spending on the service venues, which is a big part of total spending, was stopped. It was kind of forced into artificial savings, sort of government mandated savings. Now, if you put the two together, there was about 2 trillion, extra transfer payments sent out to the public during that two year period. And there was a little over a trillion of normal service spending, restaurants in, etc. that didn't happen because there was a closed sign on the door, compliments of Doctor Fauci, or people were scared to death to go out because, you know, they created all this fear that Covid was some form of black death, which it really wasn't for 95% of the population. In any event, if you put the extra free stuff from the government, 2 trillion and the for savings because of these lockdowns, trillion, you have 3 trillion of unusual cash that flowed into the economy on top of the normal production. Income and profits and spending that would have otherwise gone on.   David Stockman (00:31:26) - Now that 3 trillion temporarily ended up in this account, that I'm just talking about the cash balances of the household sector and its peak, there was about 2.8 trillion extra compared to what would been be the normal case in a regular economy. In a normal economy, that money has been slowly spent down by the household sector, even as the fed has tried to put the screws to the economy. In other words, there was so much extra cash in the system that even as the fed raised interest rates from 0 to 5% and did their darndest to slow things down, all of that excess that was built up during the pandemic period was available to spend. It was spent. And here's the key point. About half of it is now been spent. In other words, there's only about a trillion and a half of the nearest 3 trillion left. Now that is what's delayed the recession. If that big, massive 3 trillion nest egg had been there and the fed began to push rates up as it normally did in a normal cycle, we would have been in recession months ago.   David Stockman (00:32:41) - But what has delayed or deferred the recession is this, cushion, this huge macro piggybank of cash that the government inadvertently or adversely is the case may be generated, during the pandemic period. So that's new. See that? Nobody looks at that because normally it's not a factor. You know, the cash balances are a pretty, prosaic, neutral part of the economy. They're not where you look for the leading edge of where the cycle was going or where new developments may turn up tomorrow. But this time, because of this total aberration of what happened to government transfer payments plus the lockdowns, we have a, X factor, let's call it in the macro picture that is confusing people. It's leading a lot of people to abdicate this no landing scenario. In other words, you know, there's not going to be a recession. We're just going to go on to bigger and better things. And, the fed will get inflation under control and then we can be back to happy times again. No, they're missing.   David Stockman (00:33:56) - The elephant in the room is this massive aberrational unusual one time cash balance that was, generated by these policies. And that still has a little ways to go now. I think at the rate it's being run down, you can almost calculate it a couple hundred billion dollars, a quarter sometime next year, all of that extra cash will be out of the system. And then people will be back to spending only what they're earning. And frankly, earnings they're not. I'm talking about wage and salary earnings, are advancing barely at the inflation rate at the present time. So when we get back to about zero real growth in earnings, we're going to finally see the recession.   Keith Weinhold (00:34:45) - I think one of the big takeaways here is that all these artificial economic injections really take time to unwind.   David Stockman (00:34:56) - Exactly. You have to look at, you know, they always say, well, when the government changes policy, fiscal policy, you tighten or you loosen or monetary policy they raise or lower interest rates. They got QE or they got cute putting money in or taking money out that there's lag and lead times in all of this.   David Stockman (00:35:18) - The problem is, none of the great economic gurus who talk about this really know whether the lag time is 12 months, 25 months, 50 or 5, and it varies. I mean, the circumstance has changed so much in a world GDP of 104 trillion, a domestic economy with 28 trillion of GDP, and all the complex factors that are moving back and forth in today's world, especially as it's enabled by technology and global trade and the internet and all the rest of it, nobody knows the lag times. And as a result, it's very hard to predict when the, brown stuff is going to hit the fan, so to speak. On the other hand, you don't have to know the exact date. You really need to understand the direction, the flow of things. And if you're in an environment that isn't sustainable because you're borrowing like crazy or interest rates or artificially. Low or stock price multiples are way the L2 ie or cap rates on real estate or you know, abnormally low. Then what you have to say is we're going to a different state.   David Stockman (00:36:35) - It's not going to be as conducive as the current state, and we have to be prepared for it, even if we are not sure whether that's 12 months from now or 24 months. But it's going to change. So one thing you can be sure of, there is a famous economist back in my day when I worked on Capitol Hill earlier on, he was Nixon's chief economic adviser in the early 70s. And he famously formulated an aphorism, I guess, which said anything that is unsustainable tends to stop. Okay, that's what I know about the lag times. We're in unsustainable financial, fiscal and monetary environment. And the trends that it has given rise to are going to stop and and not in a good way.   Keith Weinhold (00:37:24) - He even fed Chair Jerome Powell has confessed as much as that. This situation is indeed unsustainable, the exact word that he used. Well, David, this has been great in winding down as Ronald Reagan's budget director. Can you share any anecdote, story or quote from you spending time personally with Ronald Reagan? And the reason I ask is because he is perhaps the most revered president of the past few generations.   Keith Weinhold (00:37:52) - That might mean a lot to our listeners here.   David Stockman (00:37:54) - He should be revered, and not only because he was a great president and a great communicator, and did a lot of important things in policy. Some of them got implemented, and a lot of them were frustrated by Washington and the politicians and the Democrats and everybody else. But also, he was a great human being. And my story about that was when I was budget director, in the fifth year of the Reagan administration, we had our first child, and my wife was in the hospital. At that point in time, President Reagan was in Europe on a very important big international, series of meetings. But, somebody in the white House told him that our daughter had been born. And so he took the time out of his schedule for a call from Germany, the hospital where my wife was, and said he would like to talk to her and, congratulate us on our new arrival. But my wife was in a room with another, a new mother.   David Stockman (00:38:53) - She the other person answered the phone and she said to my wife, there's some joker on the phone with President Reagan. And sure enough, he was there. and he took the time to congratulate my wife. And, so that's the kind of, person he was. He really was a great human being.   Keith Weinhold (00:39:13) - Wow. Yeah. That really shows that he can still be warm and heartfelt, even while doing some key international negotiations there. Potentially. Well, we mentioned it earlier. I can tell you, the audience, that David is a regular author and contributor to his Contra Corner blog and letter, and you can get access to that for free. This is information coming from the father of Reaganomics to you. If you think you would find it a value. David, tell us how our audience can connect with you there.   David Stockman (00:39:44) - Just Google David Stockman Contra corner I publish, I have a website, issues a newsletter every day. It comes automatically in the email. I also have a Substack version. You can sign up for either one, the email from my site or from Substack.   David Stockman (00:40:02) - And every day we try to publish something on these issues that we've been talking about. One day it might be Wall Street, another day it might be Capitol Hill, another day it might be, you know, the war in Ukraine. All of these things matter. All of these things influence the environment that investors have to function in. So we try to comment on a variety of those issues based on, you know, the long experience that I've had, both not only in Washington, but also I was on Wall Street, for about 20 years. I was one of the founding partners of Blackstone, for instance. And we were in the real estate business in a major way, even then.   Keith Weinhold (00:40:44) - Well, we absolutely love that. And I sure am appreciative of your time. It was great connecting with you. And thanks for being on the program today, David.   David Stockman (00:40:53) - Very good. Enjoyed it.   Keith Weinhold (00:41:01) - Yeah. Deep insights from the father of Reaganomics. Stockman thinks we'll be struggling with inflation for years to come.   Keith Weinhold (00:41:08) - There won't be rate cuts for a long time. He sees real estate values as flat or declining, so have good tenants with steady income streams. Of course, in our favoured real estate segment here, residential 1 to 4 units where you can get 30 year fixed rate debt. Higher mortgage rates tend to correlate with higher prices, just like it has for the last three years and almost every period before that too. But there could be more pain for the commercial sector then, and assets that are tied to floating rate debt. And if you're aligned with David Stockman on that, you might want to look at your helocs, because after a fixed rate period, their rates tend to float along with the fed funds rate. So be cautious with Helocs and ask David for specifics. He doesn't see the federal funds rate coming down below 5% anytime soon, and you probably know that is the interest rate that a whole bunch of other interest rates are based off of. And that rate is currently at about 5.3%. By the way, there is projected to be more than 100 t more than $100 trillion of public debt before the middle of this century.   Keith Weinhold (00:42:22) - That's less than 25 years away. I mean, these figures just become unfathomable sometimes. Pandemic wrought inflation that really occurred due to this greater supply of dollars that was introduced chasing a reduced supply of goods. And there were fewer goods because people got paid to stay at home not producing anything. Plus, what had been produced often could not be shipped either. David discussed the 16% trimmed mean CPI, and I've got to say, as much as I am a student devotee in studying inflation, I had never heard of that from his vantage point to find recession signs, look at household balance sheets and what's delayed the recession is that those pandemic measures put an extra 3 trillion bucks into households, and households still have about 1.5 trillion left to spend, which could further delay a recession. He projects that it's sometime next year that all of that extra cash will be out of the system. When you talk to how many people got this recession predictions so horribly wrong? Back in October 2022, Bloomberg Economics forecast a 100% chance of a recession by the following fall, which is almost a year ago now.   Keith Weinhold (00:43:48) - Well, a 100% chance that left no room for anything else to happen. And they really whiffed on that one. Now, you know, I've got to add something here. A personal note if I can, but I'll give you a lesson along with it. And that is that at times like today, where I found myself one degree of separation from one of the most revered presidents in all of American history, I sometimes have some difficulty understanding how I keep having the opportunity to share time with people like today's guest. Now, I'm certainly not a PhD economist. And in fact, on the flip side, I've also never been a person that's been so poor and destitute that I was dying of hunger. But I do come from a modest place. When I flew the coop and left my parents home, I rented my first pathetic place to live a $325 a month pool house in the back of my landlord's property at 852 Spruce Avenue in Westchester, Pennsylvania. Yeah, a pathetic little pool house right next to the landlord's swimming pool.   Keith Weinhold (00:45:04) - I mean, I was living really pathetically there for a while as I was struggling just to do things like find gainful employment and figure out the world and find a steady income. Yeah, it was 325 a month plus electric and the one small heater that was there, it was electric and it was really expensive to run. And on the coldest days, it wouldn't even adequately heat my pathetic little pool house that I ended up living in for 18 months. And just because I couldn't figure a way out of that situation for a while, I mean, I was too ashamed to ever bring a girl back there to that sad pool house. It was just one sink for the whole place. Combined kitchen and bathroom sink in the bathroom. I mean, most of my friends, they got their driver's license at age 16 and they soon had their own car. I didn't own a car until I was aged 22 or 23, and it's not because I lived in an urban area and walked. Everywhere use public transit there in Pennsylvania.   Keith Weinhold (00:46:02) - It just took me a long time to afford a beater car and pay for insurance. I really needed a car and couldn't afford one. So really my point here is that sometimes I have to wonder how I got here from there. And I think what it is is taking an interest in real estate and investing. And despite just having a humble bachelor's degree in geography, it's really about becoming an autodidact, meaning self-taught. And it's easy to teach yourself when you find what interests you. And let me point to two other things besides adopting an auto didactic ethic to help me turn the corner into being in a place where I can have conversations like the one that I've had today. It was getting around aspirational friends. Like I've mentioned before, that showed me how I can start with a bang buy with little money. On my first home, I could put a 3.5% down payment on a fourplex, live in one unit and rent out the other three. And I will give myself some credit for doing those things. And then really, the third thing is that stroke of luck element, like just 4% of world inhabitants have been.   Keith Weinhold (00:47:15) - I was one of that 4% that was born in the United States. And then I had two great, married, stable, supportive parents to cultivate the right environment for me. And well, today was just one of those days where I sort of nudged myself and I'm glad that it happened. Most importantly, I trust that you got value from today's show and that you do every single week here. Check out David Stockman's Contra Corner. Next week, we'll look for signs of distress in real estate as we delve inside the foreclosure market and how you can find discounted deals there. Until then, Idaho's Keith Wayne hold don't quit your day trip.   Speaker 8 (00:48:02) - Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get Rich education LLC exclusively. The.   Keith Weinhold (00:48:30) - The preceding program was brought to you by your home for wealth building.   Keith Weinhold (00:48:34) - Get rich education.com.

The annual gross interest on the debt exceeded $1 trillion for the first time in history. Years ago, we warned that the combination of on-going deficits and inevitably higher interest rates would give us exactly what we have now. Foolishness of the Week: 08:16 Main episode: 09:31 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://en.wikipedia.org/wiki/Jared_Bernstein https://youtu.be/p5qTFd6PJ0k?si=iB2LjscjaCQW4nk3&t=216 https://x.com/walterolson/status/1792007573463261516/photo/1 Foolishness of the Week https://www.live5news.com/2024/05/17/man-is-moving-his-entire-house-12-feet-comply-with-zoning-rules/ Topic of the Week https://www.visualcapitalist.com/u-s-debt-interest-payments-reach-1-trillion/ Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan #AntonyDavies #JamesRHarrigan #WordsAndNumbers #economics #government #politics #policy #libertarian #classicalliberal #podcast #educational

A generation or two ago, people wrung their hands over the population explosion. What will happen, they said, when we finally have too many people! It turns out that, not only was overpopulation not a problem, underpopulation has become one. Foolishness of the Week: 8:25 Main episode: 14:19 Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com See More Ant and James! http://www.wordsandnumbers.org Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits https://www.yourtango.com/news/bumble-founder-says-future-ai-dating Foolishness of the Week https://en.wikipedia.org/wiki/Jared_Bernstein https://www.realclearpolitics.com/video/2024/05/03/biden_economic_advisor_jared_bernstein.html Topic of the Week https://www.msn.com/en-us/health/other/ar-BB1mhbxT Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/ More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig More Ant on YouTube https://www.youtube.com/antonydavies Let Us Know What You Think mailto:wordsandnumberspodcast@gmail.com Antony Davies on Twitter https://twitter.com/antonydavies James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan #AntonyDavies #JamesRHarrigan #WordsAndNumbers #economics #government #politics #policy #libertarian #classicalliberal #podcast #educational

Fox Business host Neil Cavuto grew frustrated with White House economic advisor Jared Bernstein after he side-stepped questions about a false inflation claim President Joe Biden has repeatedly made. Pags breaks it all down. PLUS...General Michael Flynn speaks with Pags about the Trump court cases, the upcoming election, his new movie, and much more.

Tune in to Grace as she explores the world of mainstream media and the lies of the Left. Visit the Howie Carr Radio Network website to access columns, podcasts, and other exclusive content.

Part one of Red Eye Radio with Gary McNamara and Eric Harley includes Neil Cavuto calling out White House economic advisor Jared Bernstein over Biden's inflation lie. Michael Cohen was destroyed on the stand yesterday. Even CNN knows the trial is a disaster. Special Counsel Hur audio of Biden interview doesn't fall under executive privilege. Kansas City Chief's kicker under fire for being pro family. A poll reveals who voters would like to see as Trump's VP. Who is the future of the Democrat party? For more talk on the issues that matter to you, listen on radio stations across America Monday-Friday 12am-5am CT (1am-6am ET and 10pm-3am PT), download the RED EYE RADIO SHOW app, asking your smart speaker, or listening at RedEyeRadioShow.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

In an unbelievably instructive clip, we hear an economic advisor to Figurehead Biden who is unable to explain how the US financial system works. Zach Abraham shares what we can learn from this particular topic and how our economy is being impacted. And, it wouldn't be an interview with Zach without his vision for what we should be doing with our money.What does God's Word say? Matthew 6:25-3425 “Therefore I tell you, do not worry about your life, what you will eat or drink; or about your body, what you will wear. Is not life more than food, and the body more than clothes? 26 Look at the birds of the air; they do not sow or reap or store away in barns, and yet your heavenly Father feeds them. Are you not much more valuable than they? 27 Can any one of you by worrying add a single hour to your life[a]?28 “And why do you worry about clothes? See how the flowers of the field grow. They do not labor or spin. 29 Yet I tell you that not even Solomon in all his splendor was dressed like one of these. 30 If that is how God clothes the grass of the field, which is here today and tomorrow is thrown into the fire, will he not much more clothe you—you of little faith? 31 So do not worry, saying, ‘What shall we eat?' or ‘What shall we drink?' or ‘What shall we wear?' 32 For the pagans run after all these things, and your heavenly Father knows that you need them. 33 But seek first his kingdom and his righteousness, and all these things will be given to you as well. 34 Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.Matthew 14:22-3322 Immediately Jesus made the disciples get into the boat and go on ahead of him to the other side, while he dismissed the crowd. 23 After he had dismissed them, he went up on a mountainside by himself to pray. Later that night, he was there alone, 24 and the boat was already a considerable distance from land, buffeted by the waves because the wind was against it.25 Shortly before dawn Jesus went out to them, walking on the lake. 26 When the disciples saw him walking on the lake, they were terrified. “It's a ghost,” they said, and cried out in fear.27 But Jesus immediately said to them: “Take courage! It is I. Don't be afraid.”28 “Lord, if it's you,” Peter replied, “tell me to come to you on the water.”29 “Come,” he said.Then Peter got down out of the boat, walked on the water and came toward Jesus. 30 But when he saw the wind, he was afraid and, beginning to sink, cried out, “Lord, save me!”31 Immediately Jesus reached out his hand and caught him. “You of little faith,” he said, “why did you doubt?”32 And when they climbed into the boat, the wind died down. 33 Then those who were in the boat worshiped him, saying, “Truly you are the Son of God.”Episode 1,588 Links:This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of the US economy. Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policyMiss Teen USA 2007 - South Carolina answers a questionPatriots https://4Patriots.com/Todd Stay connected when the power goes out and get free shipping on orders over $97.    Bioptimizers https://bioptimizers.com/todd Use promo code TODD for 10% off your order. Sharpen your edge and reach your potential with Mushroom Breakthrough by Bioptimizers.     Bulwark Capital  Bulwark Capital Management (bulwarkcapitalmgmt.com) Call 866-779-RISK or visit online to get their FREE Common Cents Investing Guide. EdenPURE https://edenpuredeals.com Use code TODD3 to save $200 on the Thunderstorm Air Purifier 3-pack. GreenHaven Interactive Digital Marketing https://greenhaveninteractive.com Your Worldclass Website Will Get Found on Google!  Native Path Krill https://nativepathkrill.com/todd For a limited time get Native Path Antarctic Krill Oil for as little as $23 per bottle.   Renue Healthcare https://renuewellcation.com Register today for your Wellcation with Todd Herman June 7-11, 2024.  See site for details

Dave Rubin of “The Rubin Report” talks about Elon Musk explaining to the Milken Institute why declining birth rates is a much bigger problem than people realize and could lead to societal collapse; Warren Buffett explaining why choosing your life partner is the most important decision you'll ever make; Chris Cuomo reversing course on COVID vaccines after he announced that he may have a vaccine related injury; Sage Steele and Matt Barnes discussing the real dangers of vaccine mandates; a clip from the documentary “Finding the Money” featuring Biden's economic advisor Jared Bernstein being unable to explain the basics of government debt; “The View's” Alyssa Farah Griffin asking Jen Psaki why Joe Biden doesn't do many press conferences; Mark Hamill's May the 4th cringe moment with Karine Jean-Pierre; Joe Rogan's jaw dropping as Abigail Shrier explains why therapy has been making people's mental health worse; the most insightful bits from Scott Galloway's TED talk “How the US Is Destroying Young People's Future”; and much more. WATCH the MEMBER-EXCLUSIVE segment of the show here: https://rubinreport.locals.com/ Check out the NEW RUBIN REPORT MERCH here: https://daverubin.store/ ---------- Today's Sponsors: Privacy Academy - Don't let Google continue to harvest all of your data and use it for creating a total surveillance state. You can take control and "De-Google Your Life". Get the FREE eBook here: https://privacyacademy.com/dave/ Gameday - Stop suffering from daily pain! Use the 100% drug free way to get full body pain relief without dangerous pills with Conolidine. Click on the link below TODAY you can access the only Conolidine product in the world for less than $1 per day. This private link will work until midnight tonight. Go to http://www.trycono.com/Rubin Learn more about your ad choices. Visit megaphone.fm/adchoices

Most Americans don't realize their institutions are captured. Idiot professionals coming from idiot schools, people like Jared Bernstein. Does feminism cause mass shootings? MoH Foster Joseph Sayers. A world wide conspiracy. See omnystudio.com/listener for privacy information.

We take a look at the weirdos at the 2024 Met Gala and the pro-Hamas protests that attempted to infiltrate "fashion's biggest night out." Lizzo dressed like a trash can, we assume to symbolize how she treats her body. Jared Bernstein, chair of Biden's Council of Economic Advisers, has gone viral for not understanding how government bonds work. With people like Bernstein setting our economic policy, no wonder the economy continues to tank. Trump says he's willing to go to jail to defend the Constitution. And the Knicks get a playoff game win after a controversial call against the Pacers.Sponsor: Covenant Eyes has been the #1 accountability software for over 23 years for Christians seeking to live a porn-free life. Victory by Covenant Eyes is a powerful tool that helps Christians who are serious and want to quit porn for good or never start. Victory combines industry-leading technology with decades of experience and leadership in recovery content, accountability, and behavior change. The Covenant Eyes Victory app with powerful accountably features built-in and the optional blocking technology, makes it an unparalleled tool in the fight to live a porn-free life. Living a porn-free life will bring you a new freedom to live honestly and remember Accountability is NOT others calling you out on your sin but others calling you UP to the person you are in Christ. So what are you waiting for, Anyone can get started on their path to recovery for free by visiting: http://CovenantEyes.com and using promo code RICK for 30 days free or by clicking on the link in the show notes today. Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

We take a look at the weirdos at the 2024 Met Gala and the pro-Hamas protests that attempted to infiltrate "fashion's biggest night out." Lizzo dressed like a trash can, we assume to symbolize how she treats her body. Jared Bernstein, chair of Biden's Council of Economic Advisers, has gone viral for not understanding how government bonds work. With people like Bernstein setting our economic policy, no wonder the economy continues to tank. Trump says he's willing to go to jail to defend the Constitution. And the Knicks get a playoff game win after a controversial call against the Pacers. Learn more about your ad choices. Visit megaphone.fm/adchoices

Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture All these wealthy people pushing the climate hoax, they did not get rid of their planes, yachts etc. Tells you everything you need to know. House prices are crashing and the Biden admin cannot explain why the government borrow money if we print money, or did they get caught and tried to cover it all up. The [DS] plan to indict Trump is failing, each day that passes people see the political hit. It is now proven that Biden admin is now going after Trump during an election. Trump sends message, the old guard is in the process of being destroyed. Events are incoming but these will be used to wake the rest of the people up.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/WallStreetSilv/status/1787514712441102593 https://twitter.com/libsoftiktok/status/1787310958907437087 https://twitter.com/QuiverQuant/status/1787488896386752928  I'm working on a longer report. https://twitter.com/GameofTrades_/status/1786847011486196156 https://twitter.com/KobeissiLetter/status/1787490880137593192 https://twitter.com/pete_rizzo_/status/1787452338354991114  Biden Economics Adviser Tacitly Admits He Doesn't Understand Economics In the video, an excerpt from the new leftist documentary Finding the Money, Jared Bernstein, chairman of the White House Council of Economic Advisers, discusses modern monetary theory—the idea that the federal government could eliminate the national debt simply by printing money. To say Bernstein's musings on the topic lack coherence is an understatement: https://twitter.com/Geiger_Capital/status/1786377408993468714?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1786377408993468714%7Ctwgr%5E7c3b556f8c4e4d8b4c44e8b2698e7f87d0b14e1e%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fthefederalist.com%2F2024%2F05%2F06%2Fbidens-economics-adviser-tacitly-admits-he-doesnt-understand-economics%2F TAKE A LISTEN  Source: thefederalist.com Political/Rights https://twitter.com/Rasmussen_Poll/status/1787494425452802415 Boeing faces 10 more whistleblowers after two die: ‘People's lives are at stake' A second whistleblower has died under mysterious circumstances, just two months after another one allegedly shot himself in the head — and the attorneys for both men hope their deaths don't scare away the at least 10 more whistleblowers who want the company to clean up its act. Source: nypost.com  So the [DS] knows that have criminals working in government, they are blackmailed and they know they are committing crimes all the time, this can be used against at any moment if they fall out of line.  https://twitter.com/tedcruz/status/1786500978742575397?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1786500978742575397%7Ctwgr%5E9f71135dfd68e3648075421a2de1e4d878eeeef2%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2024%2F05%2Fthey-lied-you-biden-regime-issues-rule-change%2F https://twitter.com/WallStreetSilv/status/1787488419716677900   War BREAKING: Hamas Says They've Agreed to a Ceasefire as Israel Begins Rafah Operation; Israel Doesn't Agree On Monday Israel began its operation to take Rafah as part of its campaign to eliminate Hamas. An evacuation of civilians from the eastern side of the city coincided with targeted strikes, signaling that the long-awaited invasion of the terrorist government's last stronghold was underway. Advertisement That came after a rocket attack killed four IDF soldiers and injured 10 more on Sunday,

My book Reframe Your Brain, available now on Amazon https://tinyurl.com/3bwr9fm8 Find my "extra" content on Locals: https://ScottAdams.Locals.com Content: Politics, Jared Bernstein, Council of Economic Advisers, FJB Chant, 2020 Vote Polling, President Biden, ABC News President, Kimberly Godwin, Rep. Henry Cuellar, Corrupt Criminal Government, America First Legal, Mar-A-Lago Boxes, GSA, Anti-Trump Lawfare, Alex Soros Funding, Suing College Protesters, Antisemitism Bill, ADL, Rebuilding Gaza, Scott Adams ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If you would like to enjoy this same content plus bonus content from Scott Adams, including micro-lessons on lots of useful topics to build your talent stack, please see scottadams.locals.com for full access to that secret treasure. --- Support this podcast: https://podcasters.spotify.com/pod/show/scott-adams00/support

Tonight on The Last Word: The U.S. launches airstrikes in response to attacks on bases killing three U.S. soldiers. Also, the U.S. economy grows faster than expected in 2023. And a new PAC aims to unseat Texas Supreme Court justices. Kelly O'Donnell, Dan De Luce, Ben Rhodes, Keir Simmons, Gen. Barry McCaffrey (ret.), Jared Bernstein, Gina Ortiz Jones, and Rep. Jasmine Crockett join Ali Velshi.

Guests: Katie Phang, Mary McCord, David Jolly, Jared Bernstein, Ben RhodesThe courthouse campaign continues. Tonight: Are Republicans underpricing the risk of a convicted candidate? Then, what happened to the DeSantis campaign? New signs that the Florida governor's run is over. And why just about every indicator of the Biden economy has pointed up, except one—until today.