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Armstrong & Getty On Demand

More Inappropriate Metaphors

Armstrong & Getty On Demand

iHeartPodcasts

Daily News, Society & Culture, News

4.63.5K Ratings

🗓️ 2 May 2023

⏱️ 38 minutes

🧾️ Download transcript

Summary

Hour 4 of A&G includes an update on the debt ceiling, Jack's tight pants, an examination of the market forces and Final Thoughts!

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Transcript

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0:00.0

From the Abraham Lincoln radio studio at the George Washington Broadcast Center,

0:15.0

Jack Armstrong and Joe Getty.

0:17.0

The Armstrong and Getty Show.

0:21.0

We pay our bills and we should do so without reckless hostages taking from some of the

0:32.0

mega-republicans in Congress.

0:34.0

Senate Democrats want to raise the debt limit without conditions, but it's not clear

0:38.6

leader Schumer even has the votes to do that.

0:41.6

Instead Democrats and Republicans are launching a tax ad.

0:45.0

Default or destroy.

0:48.0

In a game of who will blink first?

0:50.0

Yeah, the whole world economy may blink.

0:53.0

Yeah, to that end, let's go with Clip 72.

0:58.0

It's filled mattingly on Jake Tapper's show.

1:01.0

Let's build up the drama a little bit before we jab it with a pencil and deflate it.

1:06.0

Most importantly, from a person to person, family, and household perspective,

1:10.0

you would see your consumer products, anything that you have dead into some degree.

1:14.0

The industry would start to spike on that as well.

1:16.0

So you're owing more money on credit cards, you're owing more money on wherever you're borrowing.

1:21.0

And that would have a significant impact.

1:24.0

And then you add job losses to that, you add a tightening of credit to that as well.

1:27.0

And I think there's just a kind of snowballing macro effect here.

1:30.0

Then you have kind of the geopolitical international aspect of this.

...

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