How A Kamala Recession Shakes Up The Election

Ruthless Podcast

News, Politics

4.7 • 5.8K Ratings

🗓️ 6 August 2024

⏱️ 79 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode, the fellas kick things off with the state of the economy. Despite media claims of a robust economy, Smug explains how underlying indicators tell a different story. Companies are laying off thousands of employees, and quarterly numbers are being revised down. They analyze how this disconnect affects public perception and the potential political fallout. Smug, the finance expert, breaks down the difference between stock market performance and the actual economy. He points out how recent layoffs and revised job numbers reflect deeper economic issues, despite the stock market’s previous gains driven by tech stocks and AI breakthroughs. The fellas discuss how recent market corrections might signal a return to rational behavior and what that means for investors. The fellas also touch on the latest political developments, including Kamala Harris’s selection of a vice-presidential candidate and the markets’ reaction to the current administration’s policies. Amidst economic turmoil, they scrutinize the Biden-Harris administration’s handling of the situation and its impact on their re-election prospects. In a lighter segment, the fellas cover some intriguing animal news and a curious story involving RFK Jr. and a bear. Check out this great new site from our sponsor Americans for Prosperity: securebordersecureamerica.com TAKE ACTION! Tell Congress to guard your card and visit GaurdYourCard.com. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	You may have noticed markets.
0:02.5	Not so great yesterday.
0:06.1	Economy's not looking super awesome.
0:09.3	It's incumbent on President Trump to lay this at the feet of Kamala Harris.
0:15.0	If what the government is offering is the most idiotic candidate who's ever run for
0:21.0	President Kamala Harris and she's the one who's supposed to fix these
0:24.3	problems. She doesn't even understand them.
0:26.3	She's also not a serious candidate unless you allow her to be a serious.
0:29.7	And she's certainly not a serious candidate at a serious time which is what we are in especially
0:34.2	with this economic news. She's surrounded by the psychopaths and is going to do what the
0:38.0	psychopaths want and I think everyone knows that all the serious people
0:41.2	whether they're in business, whether in Wall Street.
0:43.3	She hasn't run a business in her entire life. The one time she was in charge of an economy,
0:47.0	it was her presidential campaign in 2020. The thing went bust before Iowa.
0:50.8	Think about what life was like under Donald Trump.
0:53.7	Record, home ownership homes are being bought left and right.
0:57.6	And just a few short years later, now you ask any person, Genzi, they think they will never own a house.
1:03.5	Did the economy in trouble or is this a blip on the radar?
1:07.0	Ladies and gentlemen, your attention please just a
1:15.3	ketchup strays over here you're in for a hell of a show keep the faith hold the line and own the lids. It's time for our main event.
1:25.0	Welcome back to the ruthless variety program.
1:31.0	I'm Josh Holmes along with comfortably smoked Michael
	...

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