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Renegade Talk Radio

Free Talk Live - Renegade Talk Radio

Renegade Talk Radio

Renegade Talk Radio

Hollywood, Radio, Government, Sex, Politics, News

4.3566 Ratings

🗓️ 6 June 2019

⏱️ 132 minutes

🧾️ Download transcript

Summary

Income Inequality is a myth :: Highest Median Household Income :: Walmart to sell cigarettes to 21 and over :: Youtubepocalypse :: Top 20% earns little more than 1993 :: Socialism debate in Democrat Party :: Working without a Social Security card :: Joe Biden front runner :: Edgington Post with Jim Gwartney Florida State University Professor :: Mark and Jay

Transcript

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0:00.0

Free Talk Live.

0:08.4

It is Free Talk Live, and you are free to call in and talk live here on the airwaves.

0:26.2

It's Mark with you.

0:27.1

And Jay.

0:28.1

Angie's off tonight.

0:29.5

She's got, what you call it the bubbly tummy?

0:32.8

I wasn't paying attention.

0:35.3

Something that didn't sound like it was the most pleasant thing in the world.

0:39.3

Either way, you're welcome to call in and talk about whatever's on your mind as we do here.

0:47.6

We've got a couple of stories here that's worth checking out from the Foundation for Economic Education, Mark J. Perry writing,

0:58.8

America's record middle class earning exposes the imaginary hobgoblin of income inequality.

1:08.3

Americans are, by and large, more prosperous than they've ever been without being

1:13.4

noticeably less equal. And that's not what we get told, is it, Jay? It's not what we get told,

1:19.9

but on the other hand, when I see this headline and, you know, read the first part of this

1:23.4

article, I think about, so the numbers are up, it it sounds like and the numbers in the stock market

1:29.7

are up and well guess what else is up inflation because the Fed just keeps on printing money

1:34.5

and printing money supposedly this is inflation ingested stuff though well supposedly in

1:41.0

you know inflation ingested by who the Fed or you know following the guidelines of how to Fed you know right it's you know, inflation ingested by who? The Fed or, you know, following the guidelines

1:45.9

of how to Fed, you know. Right. It's, you know, economists using the calculation of the Federal

1:50.6

Reserve, which is, you know, they just, they call it 2%, but they don't figure like actual things that

1:55.4

matter like, you know, the price of food, price of energy, you know. Agreed. I will say that they don't figure things like food, energy, and housing,

2:03.4

which are probably what Americans spend most of their money on, and that you'll see some

...

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