4.7 • 680 Ratings
🗓️ 7 November 2018
⏱️ 23 minutes
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0:00.0 | And so here we go. Who's paying attention, episode 2.31 of my podcast. Yeah, I know it's been a while, but I was kind of waiting to see how the elections played out. |
0:27.3 | Was I the only one literally afraid to watch the news yesterday? I couldn't watch any news during the day, during the voting. |
0:36.1 | I was waiting until last night for the results to see how it turns out you know I love the Democrats but you also know I'm not a man with a lot of faith Democrats have been too good at losing from the front but they took the house they the Democrats have taken control of the House of Representatives. |
0:59.5 | What does this mean? Well, I guess it means different things to a lot of people. There is, |
1:09.9 | yeah, there's going to be a change. |
1:11.9 | I mean, the Democrats now have subpoena will, well, come January, |
1:16.8 | assuming the Republicans don't change all the rules between now and January. |
1:21.8 | Democrats will have subpoena powers. |
1:24.4 | Democrats will be in charge of numerous congressional groups and boards. |
1:33.2 | And they can get things done. |
1:35.5 | They can stop things. |
1:37.4 | They can stop the attack that McConnell wanted to put on Social Security and Medicare and these insane tax |
1:50.8 | cuts and all of that. Now, there's some problems. They're going to get blamed. The Democrats, |
1:57.8 | starting today, will be blamed for everything that's wrong with the country and |
2:03.6 | The economy which may slow down which we've already seen problems with these tariffs and international trade |
2:12.6 | This will be blamed on the Democrats |
2:15.6 | I worked with an economist I did a show and there was a woman on the panel who was an economist, and she talked about how government policies regarding the economy don't take effect right away. There's usually a lag of a couple of years between something being done and the effect. So some of |
2:37.6 | Trump's protectionist policies, did I say protectionist policy? I mean some of Trump's ridiculous |
2:43.8 | protectionist policies will slow down the economy. We already see that Ford lost a billion |
2:49.7 | dollars. And there's talks about |
2:51.9 | BMW making adjustments. You know, BMW makes all their SUVs in South Carolina. Now, that may |
2:59.5 | change because of Trump's tariffs. A lot of that production may go to China. Imagine that. |
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