Right About Now - Legendary Business Advice - The American Dream Costs $4.4M, Trump & Elon Unite, Google Faces Regulation
Episode Date: October 11, 2024Right About Now with Ryan AlfordJoin media personality and marketing expert Ryan Alford as he dives into dynamic conversations with top entrepreneurs, marketers, and influencers. "Right About Now" bri...ngs you actionable insights on business, marketing, and personal branding, helping you stay ahead in today's fast-paced digital world. Whether it's exploring how character and charisma can make millions or unveiling the strategies behind viral success, Ryan delivers a fresh perspective with every episode. Perfect for anyone looking to elevate their business game and unlock their full potential.Right About Now NewsletterFree Podcast Monetization CourseJoin The NetworkFollow Us On InstagramSubscribe To Our Youtube ChannelVibe Science MediaSUMMARYIn this episode of Weekly Business News, host Ryan Alford, Chris Hansen and Brianna Hall tackle some of the most pressing issues in business and current events. The trio dives into the political landscape, focusing on Donald Trump, Elon Musk, and the Department of Justice's potential breakup of Google. They also discuss McDonald's lawsuit against major meatpackers over price inflation, exploring its impact on the fast food giant and consumers. With a blend of humor and sharp analysis, the conversation covers the economic ripple effects of rising meat prices and the growing challenges of attaining the American dream.TAKEAWAYS Discussion of natural disasters and their impact on communities, particularly hurricanes. Examination of the political landscape, focusing on the alliance between Donald Trump and Elon Musk. Analysis of Vice President Kamala Harris's media presence and public appeal. Consideration of the Department of Justice's potential breakup of Google due to monopolistic practices. Exploration of the implications of regulating powerful companies like Google. Overview of McDonald's lawsuit against major meatpackers for price inflation. Discussion on the economic implications of rising meat prices and inflation. Reflection on the cost of achieving the American dream in today's economy. Analysis of the long-term effects of the COVID-19 pandemic on economic stability. Emphasis on the importance of staying informed about business and political developments. If you enjoyed this episode and want to learn more, join Ryan’s newsletter https://ryanalford.com/newsletter/ to get Ferrari level advice daily for FREE. Learn how to build a 7 figure business from your personal brand by signing up for a FREE introduction to personal branding https://ryanalford.com/personalbranding. Learn more by visiting our website at www.ryanisright.comSubscribe to our YouTube channel www.youtube.com/@RightAboutNowwithRyanAlford. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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This is Right About Now with Ryan Alford, a radcast network production.
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What's up guys? Welcome to Right About Now.
It is our weekly business news of the week.
Whatever the hell else we get into, you never know what road we're going down here on right about now.
It's October 11th, 20, 24, joined, as always.
Here is who do you.
We have Sawyer Rice behind the board.
We've got Brianna Hall.
What's up, Brianna?
Hey, how's it going?
Hey, it's going.
It's going.
What's up, Chris?
What's good, brother?
Oh, hey, you got your umbrella ready?
I hope you got your wind farm.
started or something. I don't know. Can we turn any of this madness into positivity? I know not to make
light of it. It's just getting so sad with all the destruction. I know it's coming through at any moment.
We record here a couple days early before this releasing on Friday. So how's Miami handling it?
We're good. We should be good to go. And really be on the Gulf Coast gets slammed. So yeah,
I know your parents are in that area. You're on the text thread. Yeah, my dad's sending videos right now.
Now it's starting to roll in.
So pray for the best and sending good vibes out to everybody that's being affected by this.
Yes.
By the time this is airing, we will have known the devastation, which it looks like is unavoidable, unfortunately.
It's just going to be, I hope.
And Chris, you'd know this better than me.
I feel like the other one was somewhat prepared for.
I don't know that we knew in the Carolinas that it was going to come up as high as it did,
as strong as it did.
But, I mean, I guess if you're ever going to be ready for it, they're ready for this one.
I don't know how much planning you can do, though.
Yeah.
No, everyone I know for the last two, three days has been planning, even in Miami where we're expecting some, like, Trader Joe's was madhouse last night.
You know, I literally heard the staff saying, like, oh, we don't even get restocked until Friday.
So, yeah.
I mean, people are doing what they can.
I read before and again, some of these stats are meaningless now that it's already here.
hit for when this airs.
But 1,500 gas stations were already out of gas, I guess, today.
Yeah.
So it's wild.
Do you guys in Miami are people going crazy with gas?
Or is that mainly just in that Tampa area?
Definitely Tampa, Sarasota.
My dad told me yesterday they were out of gas.
We've been fine as far as I can see.
I mean, maybe today, but it's looking like Miami is really just going to get some
wind, a little rain.
So I think a lot of people were preparing last night.
Yeah.
Well, hopefully there is prepared as possible, and let's hope for the best.
And our thoughts with anyone that's struggling with whatever came through,
and especially here in the Carolinas, where there's still, you know,
it's like we can't sort of get over one.
And you don't want to share the stage of the attention.
Like you wish you could have a little bit of gaps here so that, you know,
the people in the Carolinas can sort of still get the support that they need.
I think they will as Americans will take care of everybody.
But, you know, I know there's a lot of struggle we still have.
especially in North Carolina where the devastation's been crazy.
So thoughts out with everyone.
And to turn it, yeah, we like to think about action, positivity and things are going on.
So we're going to try to focus on that today.
At least just telling you more of what's happening around.
And look, if I'm going to, if I want to kick off to show it a positive way,
and I didn't even wear a hat today.
But if I would, it would have been one of these guys.
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And look, at the end of the day, you want your brand to stand out.
You want it to have premium stuff.
I will say this.
I see some 40s and 50 degree weather forecasted for the weekend here.
That's hoodie time for us in South Carolina.
If it's 50, I probably have a hoodie on, especially at night.
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Miss Brianna, what's on our agenda today?
Hey guys. So today we're talking everything from, you know, business news, what's going on in a little bit of the political landscape, not too much this time. But our first news article here is talking about Trump returning to Butler, Pennsylvania, where the assassination attempt took place. And he went back with Elon. So fans of that duo were kind of, you know, enjoying seeing them together. And I did see it on if you guys saw this on
X, but Elon had tweeted a picture of him kind of jumping in the air, and he said something like,
there's a very autistic expression that I'm making.
He is autistic.
So he's on the spectrum at some point.
So I thought that was really funny.
I don't care who you vote for.
I mean, that's why I hate to hear a free country.
You know, I do care, but I don't, it's your decision.
But comparing and contrasting Donald Trump and Elon Musk,
there's some excitement. I talked about it before. I thought like the Democratic
campaign or convention might have had more emotion and interest and all that. But now I feel like
comparing Kamala, you know, on trying to non-answer questions. And sometimes Donald Trump
just saying too much. Like you've got one candidate that's not saying anything. And then
another one that's clearly not a lifelong politician that probably says too much. And you've got
Elon Musk, the last person that I would have expected, Dark Maga.
You know, it's just, I don't know, hard to believe.
And, you know, I try to like back my way into thinking, like, if Elon, Elon Musk is a highly, highly intelligent person.
And I would think, you know, given like what we talked about with his electric cars and all this,
where it's sort of like this left-leaning for the long time, what would he be his motivation if he didn't
believe and in his intelligence that one candidate was better than the other.
He doesn't really gain a lot from this.
So anyway, Chris, I don't know what you think about those two on stage.
I love it.
I mean, we talked about it before.
It's a wild duo.
I mean, and kind of what you said, where for someone who runs, you know,
the most successful electric car company on the planet to be endorsing Trump,
who it's not necessarily pro-electric energy right we've talked about this before and i know
elan's talked about you know his son and feeling like he lost his son to you know the transgender
movement and the hormone blocker type stuff so with all that being said i think it's a very
exciting duo that you a year ago you would have never expected for sure but america's wild right
now but i think it's uh it's an exciting time and i'm glad Elon is is endorsing trump yeah
And ultimately, I think I think of Elon is more like your classic independent, probably.
And, you know, that's where I fall and good push for our other sponsor, Independent Center.
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Yeah, I don't know what this all means.
at the end of the day at the voters, you know, the office or a poll place,
it sure feels to me like Trump's got the momentum here.
And I'm really, again, just using a lens of non-biased because of where I'm voting this year.
I really mean this.
If I watch her on these shows, like how odd and how disconnected she feels,
you only vote for Kamala if you hate Trump.
Yeah. I mean, and that's why that's all you ever hear. Like I haven't, there's not a single person that tells me why Kamala. It's just why not Trump. So, I mean, sometimes you're running from something harder than you're running to something. I, I don't know. Like I have been kind of delving into this this week. You know, Kamala Harris has been super busy. She has had a series of high profile media appearances this week. So she went on the call her daddy podcast. She was on CBS's 60 Minutes. She,
is kind of out and about.
She shared a beer on, you know,
screen with Stephen Colbert.
And it's just really interesting.
I feel like she is masquerading around as everyone's best friend or like the fun aunt.
And it's just like, I don't know, there's not a lot of depth there.
No, it's the metaverse, man.
It's not real.
It's like it is AI.
Artificial intelligence is.
Yeah, it's what it feels like, i.e. made up. I'm sorry. I wish there was like six other candidates sometimes.
You know, so we had like all this selection of choice to it wasn't just so binary. So that I wish, but we don't. And she ain't it. Sorry for me.
I wish. I do wish that there were more candidates. Chris, do you have any thoughts to share.
before we move on to our next tech-related article?
The only one thing I've heard outside of disliking Trump is she's a woman.
Yeah.
And look, look.
That's cool.
I'm going to say something.
I don't know if I, if I, I did not want Nikki Haley ahead of Trump.
But I liked Nikki Haley in a lot of ways.
And I want and support a woman becoming president.
I think a woman will make an amazing president one day.
day. It just ain't her.
Has to be the right woman.
You know. Yeah.
It wasn't Hillary.
I think we all can agree with that.
And it's the same thing like with Barack Obama.
You know,
I supported Brock.
I voted for Barack Obama once.
And I don't mind saying that.
Like, then once I sort of,
certain things came and I was, I think,
maturing as an adult business person
and seeing some of the true impacts
of some of the voting.
Like, I don't, I didn't support necessarily.
everything after the fact.
But I thought it was time.
It didn't matter if it was an African American.
It doesn't matter if it's a woman.
It just needs to be the right one, the right person, period.
And I just, but I don't, she's just, there's something amiss here or a lot.
I just can't vote for someone because I hate someone else.
Yeah, 100% agreed.
And I think at the end of the day, I mean, everybody has to dig into like the policies,
that they believe in and the things that they believe in. But voting one way or talking about
somebody one way just because you hate something so much, it's just not healthy. I mean,
there's a little bit of open-mindedness that needs to happen. Yep. Moving on. Moving on.
DOJ's Google breakup remedy puts tech world on notice. So the Department of Justice is considering
breaking up Google because Google has quite, I mean, a monopoly on the,
search engine market. So the DOJ has outlined several remedies, including breaking up parts of Google's
business, limiting its contracts that favor Google search and potentially forcing Google to share
its search data with competitors. So here's a quote. It says breakups are hard to do. It's an unusual
remedy and doesn't occur very often from the former FTC commissioner, Mr. Thompson. So what do you guys
think about that? I mean, we use Google day in and day out. I,
I don't know.
It's like I understand.
I'm knowledgeable enough to understand why they would consider something of this,
but I don't necessarily agree with it.
It's like now do I think they should wield the power that they do at times?
No, but it's complicated.
And, you know, the company is invested and done things and built this competitive advantage.
And so is the government's job to,
break that part because they've been too successful.
It's a really good question.
And I don't, I don't sit here.
I think anyone that sits here and like fell on a sword of like what the exact right answer to this is,
because I understand both sides of it.
It's just my personal opinion is you just don't mess with the success.
You just need to be having not control, but there does need to be an understanding of what they do
and don't wield power over.
And they can't be meddling in elections and, you know,
helping hold back information and things that we've heard.
Like that's, when you start doing that and it's proven,
then maybe you deserve to be broken up.
But if you're not doing that,
I don't think by the fact of your success alone
is the government's place to divide your company up.
But I don't know, Chris, what's your thoughts?
I've got mixed feelings as well.
I mean, I don't like the idea of a monopoly, right?
But, and I do think Google has been, you know, super powerful.
They've had a lot of people's data.
I don't know if they've been honest with that.
You know, they can kind of drive information, right?
So I would like to see more competition.
So you could see maybe different access information.
But let's be real.
I mean, it's kind of like a little too late to break up this party.
And it says that in that quote, like, you know, radical and sweeping,
it doesn't occur often.
I mean, I would have to imagine Google is probably so ingrained in every part of our country's tech systems, government, everything, that it's like, kind of like, yeah, this sounds ideal, right?
But I'm sure Google is very tied in with our military, our financial systems.
There's no way it's not.
So it's kind of like my question is how much of the government is run by Google in a way, probably, with the technology being used.
Yeah.
For some subset of Google, right?
Yeah, it's definitely interesting.
And you brought up the data, you know, and the consumer impact and, you know, how a breakup would also alter, like, you know, how all of that consumer data is handled.
And, you know, if there were more players in the marketplace, would that mean that data was potentially more compromise or, you know, would it be more secure?
It's definitely a lot of questions that are above my pay grade.
I just think there have been competitors, but they just haven't been as good as Google.
So are we going to penalize Google because they developed a superior product
and it's remained superior over the competition.
Yeah.
And so it's like.
One forced me to switch from Yahoo or Netscape.
I just naturally.
Yeah.
It was easier to use.
The results seemed more accurate.
Like I'm thinking back to when I first, you know, 10.
15, whenever it was years ago, switched, is because, like, I'm a Mac guy, but the Safari browser
sucks.
Maybe it sucks now because I'm just used to Google and the familiarity, but I can tell you when I
made the switch, it was because it was just light years better, faster, more easy to
navigate, and just a better overall experience.
And so we're going to penalize a company that continued to make a dominant product that then
became a quasi-monopoly because the competition sucked and couldn't develop a feature that beat them
out.
Yeah.
That doesn't seem right either.
Now, I get, you know, like, sometimes we start talking about things that become so powerful.
It deserves a bigger discussion than just the nuance that I just described, which is why I do
think, unfortunately, though, I don't love regulation, but sometimes you get too big,
you're going to have to have some third party non-biased people making sure you're playing by the rules and doing the right things and not using your platform and your data for nefarious reasons.
But I just think about like if I develop being a business owner and I come out with a product ahead of anyone else, I keep it better than anyone else.
And as long as I'm doing that on the up and up, then then someone's going to come in and take.
go, nah, you've been too good for too long, baby. Get out of the way. We got to,
we got to spread this pie around. I don't know if I'm not okay with that.
Yeah. But I also get that this is a lot of sensitive information and a broader thing than
just like a pizza shop. You know, it just happens to have better tasty pizza than someone else.
I mean, it's more complicated than that. But you got to be careful. This is a slippery slope.
I'll just say that.
It's very interesting in this article.
It said here that some of the other major entities include like MEDA, social media, and, you know, if they're going to start breaking up and regulating Google, what's to stop, you know, where does it end?
Yeah.
Definitely interesting.
Our next article is coming to us from ABC News and is the main reason why I have to read the news articles today to tell you that McDonald's sues, the top meatpackers.
for allegedly, allegedly colluding to inflate the price of beef.
So McDonald's is suing four of the largest U.S. meatpackers, Tyson, JBS, Cargill,
and a national beef packing company, accusing them of colluding to colluding to inflate
beef prices through anti-competitive measures.
So this kind of goes back to the monopoly thing, right?
So, you know, monopoly of Google, monopoly of meatpackers.
the government has to regulate.
This article is talking about McDonald's suing for regulation purposes.
But breaking up monopolies is a tool, right, to ensure that markets remain competitive,
consumer-friendly, and free from domination of any one single entity.
I think that it's interesting from a business standpoint.
What do you guys think on?
Is it fair?
What do you guys think about McDonald's and the meatpackers, right?
There's inflation questions here with the price of beef.
I'll say this on a lighter night.
Not going where you think.
Not going where you think.
But there was like a 1980s campaign by Wendy's, I believe.
Where's the beef?
We might get back to that because they have to use less beef.
You're going to be like, you know, that burger that has like,
you just a little old ladies that went there and is like, where's the beef?
And because the patties were so small.
So maybe we'll get another campaign like that from this.
But with that said, nothing like I like talking more about than meatpacking deficiencies.
And Chris is better informed on that topic than me.
But I'll give you my opinion.
So I don't know enough about the meatpacking business to know, like truthfully where to know like,
okay, if they really have been controlling that much power to control the mecos.
But I also have a hard damn time feeling sorry for McDonald's.
Yeah.
You know, like any of it was somebody else.
It's like they're.
I thought, Brian, I thought you were our resident meat, you know, expert because every time that we're in studio or in office, he's always eating like steak.
That's what I had before I came, actually.
I had some top round that had been seasoned and it was just, for me, nothing else.
I eat like 16 ounces.
Yeah.
Yeah.
You see, each like three steaks a week.
I'm a carnivore.
Three steaks a week.
Like 20.
Oh, my God.
You're not 20, probably 10.
I never eat steak.
Oh, yeah.
I mean, I eat the equivalent of three steaks this morning.
Now, it's not all fancy steak either.
Some of it, like, the top round I ate was not that expensive.
It was like the same price like ground.
beef.
But like, yeah.
You mean one of those, have you seen those bumper stickers?
They're like, beef and slits for dinner.
Oh, yeah.
That's what I'm saying.
Back to the, if you're listening, go on YouTube and look up, where's the beef?
The campaign.
I can't remember if it's funny now as it was that, but it was funny.
I think this whole day, where's the beef?
Anyway, because the patties are so small.
The buns overtook the entire thing.
Chris, how many steaks are you eating every week?
week.
Probably like five.
Jesus,
Louise,
you guys.
I bought seven last night and two dozen eggs for my hurricane prep.
Seven rebuffs.
He already ate four of them this morning.
Storm might have gotten into one.
I'm like,
two steaks a day sometimes.
Yeah.
I'm like, yeah.
I mean,
good lady.
Yeah.
Maybe I need to get on like a steak kick.
I don't,
I never eat steak.
I know some girls doing carnivore diet that are to
tell me good things about it.
I'm not on carnivore.
I am a carnivore, but I'm not on carnivore.
It's not all eight.
Not all eight.
Okay.
Move me on.
You know, I just don't know that I have an opinion on necessary or know the meat market well enough to know.
I just think ultimately, I have a hard time feeling sorry for McDonald's, but I don't know enough about the economics of this particular situation to, like, speak.
for an educated standpoint on it.
I don't know, Chris,
you know, with all your meatpacking history.
I just see some big number of settlements.
So that, to me, tells me there's probably some questionable activities going on
if they're settling for $221 million.
That doesn't happen by mistake.
I mean, lawyers are good, but not that good.
So like you said, man, they're all on bigger profits.
McDonald's is pissed because they're losing business
because they're raising prices.
and they're losing business, right?
Yeah.
Their margins are going down.
Meat Packers probably are affected, but it says it's going back to 2015,
and they're talking about the COVID supply chain.
It's like, dude, 2015 was way before that.
It's funny you say that, Chris.
I was thinking the same thing.
I was like, how long are we going to have to hear about the COVID impact?
Like, is it going to be like 2031, and we're going to be like, you know,
we're still dealing with the.
And I know, look, it was a major event.
I'm not putting light on it.
I know that it still has impact, but it's just, come on, man.
I wish I could use that as an excuse.
Well, you know, I didn't pay my employees this week still dealing with COVID impact.
I mean, what?
Would that be cool?
No, that wouldn't be cool.
It's like, all right.
I mean, it is kind of fascinating when you look at where the economy and where the world
is in this, what are we, five years, almost five years post-COVID, right?
next year is 2025. So it's a long, we were quite a ways removed from COVID at this point. And I feel
like things are still a little bit wonky, but like mostly back to normal. Yeah. Speaking of normal,
I have an article here from USA Today that says, dream on the American dream now costs $4.4 million
over a lifetime. I thought this was really interesting to include just as we kind of, you know,
have listeners from all different walks of life, whether they're an entrepreneur or they're just
starting out or they're a business owner or they own a multi-million dollar company.
It's always good to kind of get a handle on where the economy is and what does it cost your
employees to have that American dream.
What does it cost you, your family members and the people that you love?
So pretty expensive these days.
Ryan, we've got to double the raising two kids budget for you.
Yeah, four kids.
So that'd be 1.6 mil on the raising the kids.
And wedding, I don't know, is it like your own wedding?
Or is it like for your kids?
The wedding budget seems low to me.
Yeah, exactly.
I'll say this.
The biggest number I saw here that was like, whoa, inflation of costs, a report done in
2023 estimated that the American Dream was $3.4 million, a one-mill increase.
In a year.
In a year.
That's a different way to think about that.
Like, hey, your dream in your mind, just got a million dollars more expensive.
In a year.
Because, like, of what?
Inflation.
I mean, it's inflation, but like, where does that inflation come from?
Yeah.
And how do we fix it with your vote?
Yeah.
But, hey, vote the same, stay the same.
Vote the same and it'll be $2 million next year.
Exactly.
You can get more.
If you like that, if you like the way that tastes, you can get more.
It's all you can eat, baby.
Eat some more.
You want some more of that.
A financial planning, experts, trust,
to board saving an investment.
Okay, yeah.
I mean, I get it, but 4.4 mil.
I mean, that American Dream is getting expensive.
American Dream.
I mean, I think I like that America Dream, that baby,
and they're a doll,
named American Doll, American Doll, the house.
American Girl Doll?
Oh, yeah.
She didn't pricey to be that American Dream.
I don't know why tying those two things together.
But it's like the first thing I think of is like, think about that gift.
Like when your baby's born, the new gift you're giving them.
Like their first gift, day one, here you go.
4.4 mil.
Just for you.
That's an I-O-U.
You might want to hold on to that one.
You'll triple down on the 529 or something.
Yeah.
Well, Chris, it's a good day to be a dog, dad.
I'm telling me, man.
1.6 mil.
The pets only costs 37.
thousand.
That's fine with me.
I want another dog.
You tack me double on that pet expense.
It's all the other stuff.
I'm good on like,
I'm good right now.
Yeah.
I mean,
37,
I don't know if this reflects the true inflation at dog costs and how
much I see people that they spend on their dog.
Most people have been like two grand on the dogs now.
It seems like if they're,
you know,
any kind of one of these hyperalogenic breeds,
hyperalogenic.
You don't I'm saying that right?
Yeah.
Two grand for that.
They got the dog food.
I've seen the dog food.
Look, it's the real food commercials.
You see that delivered stuff on TV?
It's like how much, you know, more than what you pay for your own food?
Farmer's dog or something, yeah.
I bet if you polled like the 20 people closest to me that have dogs, they spend half that 37 a year.
They probably have been 18 a year on their dogs.
That seems low for like lifetime on pets.
I'm sure it's just averaged out because not everyone has a pet,
but more people have pets that don't now.
Yeah, I definitely think like it just depends, like, right?
My dogs were, I think we spent 10 to 15,000 on my dogs in the first year we had them.
It was between like how much they cost to buy them.
And then my one dog ate like a puppy peepad when he was like six weeks old.
I did it get like all the things, you know?
All right.
Let's see.
Ryan, do you want to finish out with anything?
Oh, I don't think so.
I think we're good.
We're going to keep it light today, guys.
Give it light.
We've got a hurricane in.
Know a lot of people out there thinking about that.
Oh, my God, I've got to be on my leg.
Where did that come from?
Get it!
Do those even sting?
It looks like a wamp.
The big ones that get burl holes.
I hate bees and yellow jackets.
Me too, bro.
I've been stung so many times.
I sat on them before.
I stung my ass.
What the hell's happening?
The world's crumbling.
I know.
I'm like, what?
Okay.
Would you like to close us all?
Sure.
You need a wear your drops.
All right.
I think that's all for today.
Chris, any foul words there from Miami?
Everyone, have a great weekend and sending good vibes to all the hurricane, hurricane warriors.
For sure.
Brianna?
Buzz.
Be all you can be.
Very good.
We appreciate everyone.
Ryan is right.com.
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