Right About Now with Ryan Alford - Weekly Business News for Aug 2 | MAGA, Kamala Drama & Olympic Highlights: What's Up, America?
Episode Date: August 2, 2024In this episode of "Right About Now," host Ryan Alford, along with Chris Hansen and Brianna Hall, covers a variety of topics, including the Olympics, political dynamics, and societal issues. Ryan expr...esses concern over the inclusion of drag shows in the Olympics opening ceremony, suggesting that it shifts focus away from athletic achievements. Chris and Brianna share similar views, questioning the intentions behind incorporating such performances. The conversation then moves to political commentary, with Ryan and Chris emphasizing the importance of prioritizing substantive issues over identity politics. They also discuss economic challenges, such as the rising costs of childcare. The episode wraps up with a call for deeper engagement in political discourse and critical thinking about current events.TAKEAWAYSDiscussion of the recent Olympics and its cultural implications.Critique of the opening ceremony, particularly the inclusion of drag shows.Examination of the "Miami effect" and its connotations.Commentary on the current political landscape and identity politics.Advocacy for substance over superficiality in political discourse.Analysis of the impact of controversy on viewership and sponsorship in the Olympics.Exploration of childcare costs and their economic implications for families.Discussion on the media's role in shaping public perception and the challenges of finding unbiased information.Reflection on the business implications of political decisions, including inflation and economic challenges.Call for listeners to engage with political issues and consider the impact of policies on their lives.TIMESTAMPSIntroduction to the Episode (00:00:00)Ryan introduces the show and its focus on business news.Welcome to the Discussion (00:00:23)Ryan welcomes Chris Hansen and sets the tone for the episode's topics.Discussion on Miami Effect (00:01:05)Ryan and Chris discuss the ambiguous meaning of the "Miami effect."Political Commentary on America (00:01:51)Ryan shares his views on America's greatness and the current political climate.Olympics Opening Ceremony Reaction (00:02:59)Ryan critiques the inclusion of drag shows in the Olympics opening ceremony.Cultural Commentary on Fashion (00:04:08)Chris and Ryan debate the relevance of fashion shows to athletic events.Concerns About Audience Reception (00:05:17)Ryan expresses concerns about the potential confusion for young viewers.Athletic Focus vs. Entertainment (00:06:44)Ryan emphasizes the need to focus on athletes, not non-athletic performances.Brianna Joins the Discussion (00:08:35)Brianna shares her perspective on the Olympics and cultural implications.Olympics Viewership Concerns (00:10:28)Ryan and Chris discuss the impact of the opening ceremony on overall viewership.Sponsorship and Controversy (00:11:03)Ryan mentions a major sponsor pulling out due to the ceremony's content.Political Identity and Campaigns (00:14:06)Ryan critiques identity politics in political campaigns and their implications.Discussion on Kamala Harris (00:18:08)Ryan and Chris express their desire for more concrete policies from Kamala Harris.Trump at the Bitcoin Conference (00:19:01)Chris discusses the significance of Trump's appearance at a Bitcoin conference.Call for Specific Policies (00:20:08)Ryan advocates for specific and innovative political solutions rather than vague promises.Discussion on Political Candidates (00:21:57)Ryan critiques the current political landscape and the status of elected officials.Debate on Candidate Qualifications (00:22:53)Chris expresses a desire for more qualified candidates and real policy debates.Trump's Diplomatic Actions (00:23:20)Discussion on Trump's unique diplomatic engagements with North Korea and the Middle East.Southwest Airlines Changes (00:24:57)Ryan and Chris discuss Southwest's shift to assigned seating due to customer feedback.Rising Credit Card Debt (00:27:30)The speakers address the increasing credit card delinquency rates amid economic challenges.Childcare Costs Crisis (00:28:09)Discussion on the high costs of summer camps and childcare affecting American families.Impact of Inflation on Families (00:29:31)Brianna shares statistics on how inflation is impacting child care affordability for parents.Concerns Over Political Messaging (00:32:39)Ryan emphasizes the need for specific political solutions rather than celebrity endorsements.Quality of Life and Business Impact (00:33:03)Discussion on how current policies affect personal finances and business operations.Censorship and Media Bias (00:34:02)Brianna raises concerns about censorship and the objectivity of news reporting.Mandela Effect Discussion (00:35:11)Speakers explore the concept of the Mandela Effect in relation to media narratives.Venezuela's Political Situation (00:35:58)Discussion on the implications of Venezuela's democracy on American perspectives.Final Thoughts on Current Affairs (00:37:00)Speakers conclude with reflections on the importance of American democracy and resilience. 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This is Right About Now with Ryan Alford, a Radcast Network production.
We are the number one business show on the planet with over 1 million downloads a month.
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You ready to start snapping necks and cashing checks?
Well, it starts Right About Now.
What's up guys? Welcome to Right About Now.
Today is August 2nd, 2024.
It's our weekly business news of the week.
And whatever the hell we want to get into,
you never know what road we're going to go down these days.
Especially when I got my best friend, my good buddy, Chris Hansen.
What's up?
What's up? How you doing, big dog?
Oh, you know, we're just here making things great again
you know that's all we're here making the news great again
one story at a time how's the hot miami these days it's hot and humid sticky baby sticky baby
sticky and hot it's good it's awesome i have heard people i've been hearing
this recently like the miami effect on people i don't know if that's a good thing or a bad thing
the context was mixed like uh what's your take if you heard somebody say that oh yeah he's got
the miami he's had the miami effect on him is that uh does that mean bougie or does it mean like, I don't know what
it means. Maybe, I don't know. I mean, I feel like people told me I was like kind of a Miami
guy before I even lived in Miami. Yeah. I'll take it as a compliment. I do think you need some
shades. Like you wear the entire episode. I don't know. Like Miami. I literally have a pair. I
almost put on, I swear to God, I was walking back like some light blue you know yeah
not necessary but they're fashionable i know i'm rocking my maga hat and it's like you know i'm
wearing this hat and it's like it's become such a like synonymous like with the like some movement
and i'm like you know we can't really all rally around
wanting to make America great.
And I mean, look, America's always great.
I had to get hit on.
I got the haters.
I got everybody out now.
Haters, winners, trolls, lovers, everything.
And it's like, everyone wants to get to a discussion.
It's like, it's a slogan, people.
America's great all the time.
If you don't know that, then you're crazy.
It's a slogan that, hey, we want to keep making it great.
We don't want to lose our moral fiber.
We don't want to lose like what got us here.
And we're on this slippery slope.
It's not because we're not great.
It's like someone said, like, I'd like you to list out factually, you know, what makes America great. It's like, it's like someone said, like, I'd like you to list out factually, you know, what, what makes America great.
You know, like, you know what?
I don't promote violence, but you know, my fist would punch you right in the nose right now.
Tell me you have a very small worldview.
It's like, come on, man.
Like we can have arguments over anything you want, but if you don't know that America is great, then you're crazy.
We live in the best country in the world.
We just want to keep it that way.
Yes.
And you know, I don't know.
Watching the Olympics the other night, I will say this.
I watched the opening ceremony and I thought like in the rain,
I wanted to give like France credit for like what they pulled off in the rain
with the light shows and all that stuff.
It was very like gravity. I mean, like, whoa, I thought they did a good job with that.
I guess I started watching after a lot of the drag queen stuff, because clearly I probably would have
maybe a different perspective because number one, I did, I caught a few people running down,
coming down the runway towards the end of it, But I was sort of hanging out with friends halfway paying attention.
So, admittedly.
But I'm like, what the hell does a drag queen show have to do?
Or even a freaking fashion show have to do with athletes performing at the highest level?
Can someone answer me that?
Yeah.
Does it have anything?
Like, is this anything athletic?
Like, I can walk down that. Very fashion week for the Olympics. Yeah. Does it have anything? Like, is this anything athletic? Like, I can walk down that.
Very fashion week for the Olympics.
Yeah.
And I know, I think that the point was, you know, Paris, France, known for fashion, right?
Okay.
Part of their fiber of their culture.
Okay.
Fine.
But why don't we just go ahead and set off and freaking make the entire christian side upset with the last supper
thing i mean come on like i don't know it seems like they already had a whole like kind of backstory
to explain it right they're like it's not the last supper it's something dionysus something
related to the river's sign or scene however, however you pronounce it in France. Yeah.
Regardless, religious or not, it's just weird.
Yeah.
It's just odd.
Related to me.
Different.
Nothing to do with athletes or performing
and trying to make probably a statement of, again,
we're trying to make the unnormal normal at all times.
It's like everything's left the
station anything and everything is acceptable you know like let's could you know let's put it all
out there it's like okay like really like when if i want to go to a drag show i'll go to deval
street in key west right like i don't like think of you, if I'm sitting on my couch
and I had four boys and this is on the television, it just seems would create a lot of confusion and
a lot of weird questions. And you know what? Here's the reality. My kids weren't watching it.
I'm glad they weren't at the time. You know why? Because they don't care. You know why they don't care you know why they don't care because of this stuff yeah because kids are
smarter than you think they are that if this was all sport all the time athletes coming in
showing guns showing abs like ready to work out doing their thing like making it about the
competition they probably want to watch it but they know instinctively that they don't want to watch this crap, like that they would be more entertained watching highlight clips of baseball players and basketball, like on YouTube.
Like they're choosing what they want to watch instead of being force fed this garbage that has nothing to do with the content of what's showing, whether it's culture or not like so you know like i guess i was like the whole time i was thinking like france's lack of like like athletic dominance is because they
had to show all this other stuff or something and i'm not saying france hasn't had athletes
they got a badass swimmer like i've enjoyed like the little bit of glimpses of athletic competition
i've seen but it's like you know but kids are smart they don't want to watch any of that they
had no interest in it whatsoever.
That's a problem.
It's unfortunate for the athletes too,
because a lot of this is taking the light off of what it should really be on
the athletes.
I mean,
this is an opportunity to be the best for your country in front of the entire
world.
Showcase.
Yeah.
And we're showcasing drag Queens and,
and models air air quotes, models.
Can we not have some athletic models for the competition?
I'm not going to be a dickhead, though.
Exactly.
Representative of what it takes.
And look at all these athletes.
It's like we want to shine the light.
It's all inclusivity and all these things.
And look, no one supports your right to be what you want to be more than me. Just like, I don't want you telling me, but however,
we can't ignore the reality of physics and athleticism that all these people that have
worked hard, trained hard, ate the right things, done the right things to be at their athletic greatness takes discipline and structure. And when we want to
glorify non-athletic people and normalize things that, hey, I mean, whatever, I can go out there
and put a Speedo on, you know, but like, I don't have my six pack rocket yet. I got like a one pack,
but you don't want to see that. You want to see the athletic greatness, baby. You know, like I'm just saying.
And so we're just normalizing and putting a lot of spotlights on things
that have nothing to do with athletic greatness.
Duh.
Oh, you know, but like,
but that doesn't have anything to do with me to do a thing with hating on
anybody.
It's just a fact.
And that's why my kids don't want to watch it.
I don't know.
We've got Brianna in the room.
We've got the female side here, you know, who's rocking it.
What's happening, Brianna?
How are you today?
Hi, guys.
How's it going?
Hey, Brianna.
Oh, you know.
We're just on the early soapbox here.
I've been trying to get off it for three weeks, but damn, I can't.
It's hard, man. When stuff comes out every single week and there's this much news, we're going to have to have a daily news special.
Yes. I know. I mean, did you watch, I was trying to get a feel for, you know, which side of the coin I
should, you know, should I get, you know, all up in arms as a Christian or, you know, should I
be more understanding, you know, as somebody who's open-minded, you know, I really side with you,
Ryan, on, you know, not necessarily wanting my boys to see that and, you know, I don't know,
like I understand the art and the french art aspect of it but i
think like people know what they're doing and you have to run through things so many times
and rehearse it so it's hard for me to understand somebody who's like oops we didn't realize what
we were doing yeah yeah no exactly like oh the oops. And then like the explanation came right away.
Right.
It was like almost as if they expected backlash and they had the PR team
ready, like to release the statement.
Yeah.
It's it.
Someone made a post like, and it's right.
Like they were talking about their feed, like on social media,
they're not seeing any of the like results of the events.
Like they're barely seeing any of it.
And I'm like,
I'm barely seeing any mentions of it either.
Like there's no,
it's like,
where's the,
all I see is some of the controversy stuff,
but I'm not seeing a lot of life.
I saw the one thing,
you know,
the women's team,
you know,
winning gold.
I saw that popped in my feed,
but very few else,
you know,
on either side. It's like, what's that about? Unfortunate but very few else, you know, on either side.
And it's like, what's that about?
Yeah.
Well, I think part of it's because, you know, likely my algorithm is full of people that have similar beliefs to me.
That's sort of dangerous and expected at the same time.
But like, and they're not posting about it because they've been offended.
And so they did nothing to help themselves is the bottom line.
I'd like to know,
did the opening ceremony affect
the overall viewership going forward?
Did people just see that and say,
you know what?
Nah, I'm not interested anymore.
Yeah.
I'd like to know that. One of the biggest wireless carriers, I'm going interested anymore. Yeah. I'd like to know that.
One of the biggest wireless carriers,
I'm going to say it's Verizon.
It had to be Verizon or AT&T.
I need to look that up or
bring on a cam while I'm talking.
They pulled completely out of
all their sponsors for the Olympics
over the whole Last Supper thing.
It's like, I mean,
this is Christianity.
Catholics, Southern Baptists, there's a lot of people
that believe in the tenets of the Bible, myself included.
And so it's like, let's just go ahead and defend them all
and just see what happens.
And there's a business impact to this in the ratings
and the interest and, you know, social media feeds and now specifically sponsor dollars from, you know, it happening.
So anyway, I don't get it.
It looks like C Spire.
It looks like C Spire, um, C Spire, a Mississippi based telecommunications company announced that it was canceling its ad buys, um, in NBC Universal's Olympic coverage.
There's definitely someone bigger than them.
Uh, I don't know who it is, but, uh, it was, uh, I feel like there was a bigger company, but maybe not. Wireless carrier,
AT&T.
Yeah,
I don't remember.
Yeah.
This one says they interpret it as they interpreted it as a mockery of the
last supper.
And so they pulled their company.
Yeah.
I think there was a bigger sponsor that did.
And we'll have that in the show notes by the time it airs. Nonetheless, I have no idea where the Olympics committee thought that was going to be beneficial. They clearly had an agenda. So we'll see. It's been interesting watching the campaigns in general and the money and the dollars being raised for this stuff is crazy.
I'm going to have to go ahead and if we're not going to make this campaign about identity politics,
then let's not make it about it.
Let's make about it the best candidate.
But white dudes for Harris raising $4 million yesterday.
It's like a double identity play.
Why can't it just be people for Harris?
Why has it got to be white?
Why has it got to be dudes?
It's like they think it's, again, they're dividing and trying to find this line that's all identity-based and not merit-based or beliefs or policy.
identity-based and not merit-based or beliefs or policy.
Like I've yet to see an ad propping up Kamala Harris's policies,
what she's done so great as a vice president or previously.
It's just all very mushy, you know, like it's just mushy, man. It is not specific.
Very reality TV.
No specifics other than new energy.
We've got energy behind Kamala.
We've got we want Kamala to win.
And she's not Donald Trump.
And we're white dudes for Harris.
dudes for Harris,
but no specifics other than
a bunch of beta men
talking about,
you know,
how they're going to cry
over their children
if Donald Trump's,
I mean,
give me a break.
Give me a break.
Like,
it's like,
you want to know
what's wrong with America?
It's these dudes.
That's all that's wrong
with America.
Soy boys. Yeah. America. Sorry, boys.
Yeah.
Just, yeah.
We'd make America great again all the time if we get rid of that.
The Hollywood beta man.
Sorry.
Just the way it is.
Bunch of weak men that don't know their place in the household,
that don't know how to raise their children the right way,
that don't know how to set the standard.
Sorry, that's what's wrong with America.
Starts right there.
So, you know, we can tell it like it is,
or we can just, oh, everything's cool.
Oh, Johnny, here's your participation trophy.
Here's a whatever.
Go be whatever you want.
Him, her, the, whatever.
Maybe the school will call me.
Maybe they won't.
No big deal.
I don't owe anything to you and raising you the right way or being strong or being a provider or being a leader of the household.
Are you kidding me?
Like, this is what's wrong.
Right here.
White dudes for Harris.
Well, a bunch of weak dudes for nothing.
That's what that is.
Weak dudes for nothing. Worth nothing. that is. Weak dudes for nothing.
Worth nothing.
So, yeah, let's debate that.
Come on the show and let's talk.
Yeah, that would be a good one, right?
But we're not going to do that.
We're going to talk about generalities and identity and non things that haven't been earned.
I'm over it, Chris earned I'm over it Chris I'm over it I I am too and I anyone that knows me knows I used to be pretty political like a problem I would say not a problem I was just super into it but it was
it affected my life and I look at things like this where it's like why does everyone want to put themselves in a box in an identity right like and even for myself and you've said this too is like do i identify
more conservative sure but i have liberal views as well yeah i just think race is the most like
low level way to try to relate you know like we're the white guys for Harris.
It's like,
okay,
cool,
man.
Like tell me you're seeking validation more.
Yeah.
Like,
why don't you be the,
the people for Harris because of X also.
So you,
but no group,
but it just says that we are white
dudes for Harris.
And what if we started white dudes for Trump?
Do you think that would go over? Oh, that'd go over great.
Exactly. We would be racist.
Yeah, exactly.
And that's sort of the
irony of what they're playing off of.
And they were trying to say, you know,
the irony is when white dudes
normally
get together, it has old meanings with pointed hats.
Like saying like, you know, white dudes coming together for a cause are typically the KKK.
Dude, I'm in Miami.
I'm the minority down here.
Most of my friends are Latin, Asian asian black whatever you want to call it
right it doesn't matter they're my friends yeah the race shit doesn't it's not a conversation
no but i'll tell you most of these people they don't look at anything from a race perspective
either it's like what do you stand for what do you believe in what do you care less what color
you are just just do the right things and have policies that i believe in and you know as far
as my support i mean i'm voter of one but like make it about the. And, you know, as far as my support, I mean, I'm voter of one.
But, like, make it about the policy.
And you know what?
I would love to hear more policy from Kamala.
I would love it.
I'd love to.
Let's get in the matters, not the entertainment, not the Hollywood stuff.
Like, what do you stand on for real?
Because if you look at her record, she's never been concrete in any stance.
She's always flowing, kind of whatever it seems
is benefiting the vote right yeah what's your plan for inflation what's your plan for improving
small business what's your plan for lowering gas prices lowering food prices lowering uh wages
because they don't need higher wages because it doesn't cost so much what's your plan for
ukraine and russia what's your plan for israel and palest much. What's your plan for Ukraine and Russia? What's your plan for Israel and Palestine?
What's your plan at the border?
Because you've failed at that.
What's your plan for crypto?
Well, Donald Trump spoke at a rally
this week.
You know, exactly.
Yep.
Bitcoin conference.
Bitcoin conference in Tennessee.
Oh, Nash, Vegas, Nashville.
I wouldn't mind getting up to Nashville. Nashville's fun.
Yeah. A lot of friends that live there is, uh,
what did you think about Trump at the Bitcoin conference?
All my buddies that were there were going nuts. I mean,
it was all over my timeline. I think it's a, it's great.
I was at the
last Bitcoin conference down in Miami. Um, and you had big people speaking, but I think to have a
former president speak is massive. So that, that should, I think, give your average retail investor,
someone like my parents, maybe the boomers that are more new to this, some more confidence in
this as an investment.
So I'm stoked.
I think it was great.
The market reacted positively to it.
And if you really look at financial policies and you look at the monetary system,
you should know if you really read on it,
that it needs to change.
And so it's not about staying the same.
It's about being progressive.
It's about being progressive about being innovative
truly progressive not just saying it right i'm just saying it like the campaign okay it's like
everything's a slow a slogan campaign of like of nothingness it's like no specifics i know
it's like already the buzzwords gets drilled in your head i'm really trying to avoid all the
talking points that have been drilled over and over, you know?
Yeah. I saw the video of
the weirdo thing and
how many
stations were obviously sent to
talking notes to call Trump and
J.D. Vance weird.
It's like, weirdos, weirdo, weirdo, weirdo,
weirdo.
And look, I'm just saying,
I've said this, I don't,
I've said this.
I don't love everything about Donald Trump as a man,
but if I go watch Donald Trump talk and I go watch Kamala Harris,
like there's only one person that's sort of weird.
Like it's like odd,
like,
I don't know,
convoluted.
It's just strange.
And I,
I think I'm,
I'm really trying to say that objectively,
taking policies out of it.
Like, I watched Donald Trump on freaking his show.
What's his boardroom show called?
Back in the day where you're fired.
The Apprentice.
Yeah.
You're right.
It's like he has a presence to him when he's speaking.
You know, throw the politics out of it.
Harris, it's just this odd laughing when she talks.
Like, I don't take her seriously.
And I don't know what she's trying to say.
Well, she says a lot without saying anything at all, usually.
And that's sort of most politicians.
Yeah.
A lot of words and not a lot of meaning.
For sure.
But I'm ready for some business specifics.
Let's get down to it.
We're taking the BS out of business, baby.
Kamala, help me.
Show me your way.
I know it already.
I mean, we'd be happy to have you as a guest.
Yeah, we'd be happy.
Come on.
I want to learn more about her.
You know, we'll be these, you know, we will not be the white dudes for harris we'll be people
giving an equal forum to to maybe make your election official as an elected official and not a
propped up official because let's be honest you haven't been elected but you're in a real
powerful place baby i mean just saying so let let's let you state your case to get elected.
So that's the crazy thing, man.
Like, finished last.
I still can't get over the more I think about it.
I'm like, didn't want anything to do with her.
Non-elected.
Finished last.
Dropped out first.
Whatever you want to call it in the Democratic.
Now, man, greatest vice president ever.
That's why she's a front runner.
Not what I was hearing on either side.
Right.
That's not what the Democrats were saying four years ago when they were on stage debating against her.
Yeah, exactly.
Let's go back to that.
There is better potential candidates, I think. I would like to see a more qualified.
Is that the word maybe?
Yeah.
Qualified.
I want to see real debates, real policy.
Let's get in the rawness of it.
Let's skip this surface level feeling stuff.
Let's talk policy. Who do you want having a sit down with Kim Jong-un and Vladimir Putin before these Russian, I mean, before these like nuclear bombs start flying around?
Who do you feel confident in that debate?
Well, there's only one president that walked across the border of Korea.
Yeah.
You know, Kim Jong-un and Trump.
I don't see any other president in history do that.
No.
Willing to go have that conversation.
Got panned like crazy for that.
And it's like, this is about action.
This is about doing things.
It's just about like taking chances.
And like, that's all I see is the opposite of that.
But well, even what Trump did with the Abraham Accords with, you know with Saudi Arabia and Israel, and that's starting to be talked about more.
There was a podcast with Jared Kushner, Trump's son-in-law married to his daughter, who's Jewish, and he helped him negotiate the peace in the Middle East.
No one's talking about that.
We literally had peace in the Middle East four years ago.
Yeah.
And now there's a full-on war
going on too yeah and it has nothing to do with gender or race it's just facts experience
and being specific with what you're doing what you believe who you are and standing behind it
and standing behind it.
I did think this was interesting on the business side just because it was the first change in a while,
sidebar here with the whole Southwest,
like seat changing thing.
Hey, this is a big deal for Southwest people.
I know.
There's a lot of people,
a lot of people have been like,
you know, Southwest people for a long time, but
their sales are cut in half.
So they're scraping
the boarding
zone thing in favor of assigned
seats because they did a survey that 80% of people
wanted assigned seats.
Have you been a Southwest
person in the past? You, Brianna?
No, Chris. I never liked the unassigned seating, if I'm being honest.
I fly Southwest all the time.
It's the only airline I fly.
Because it has unassigned seating, but families get like second priority boarding.
So you all sit together.
Family first.
Yeah.
So you all sit together.
Looking like a true woman that has had babies on planes.
I've been there too.
That was not fun. That's a pro mom move right there. Yeah, pro mom move. Make moms great again. looking like a true woman that has had babies on planes i've been there too that was that was a
pro mom move right yeah pro mom move uh make moms great again um it's uh the uh yeah it seems like a
real big change from what you've always been like that's what i think that's what they've been known
for forever so they're kind of just completely abandoning that but at the same time be part of
their brain if you do if you do survey your own customers and 80 percent say they prefer sign
and your core product is not that then you probably do need to make a change guys by the
way apparently 80 of our people hate this yeah it'd be like mcdonald's people they did a survey
it's like do you like our hamburgers or do you prefer Taco Bell's tacos? And 80% said tacos.
We better start selling some tacos.
You know, it's like, yeah, I better listen to your customers.
It's like, it does make me wonder, though, did it really change?
Like, whenever the last time, have they never done this survey before?
I mean, because the moment it was 60%, I might have changed.
I would have waited until 80% and my sales dropping 47%.
Just saying.
I don't know.
Credit card delinquency rate hits nearly 12-year high.
People are struggling to pay off credit card debt, even as many trim their spending.
The share of credit card balances that are past due
reached the highest level ever in the first quarter.
According to data the Philadelphia Federal Reserve has tracked since 2012.
Coming to us from NBCNews.com.
I mean, interest rates are high.
Inflation's high.
Costs are good.
Costs are higher.
Wages are really higher comparatively.
You know, like.
Insurance is higher.
So, in the news of not surprised, is this.
Yeah, in the news of inflation.
Yeah, this is what happens.
So, you know, elections matter, folks.
This is why we're talking about it.
It has a big impact on business and the bottom line.
So you can go, if anybody's going, why are this show suddenly talking politics?
It's because it matters.
And we need some specifics around how we're going to make this better.
It's an election year too.
So, I mean.
And we're talking business, right?
You're taking the BS out of business.
That's right.
We can't be authentic.
Numbers.
If we aren't talking the numbers.
Says $2,000.
Another article from CNBC.com around inflation. $2,000 summer camps are creating a summer crisis for working parents.
It is complete chaos.
The math seemed impossible, but numbers don't lie.
It was less expensive for Julie Kelly to send her nine-year-old son to seven different summer camps in three states than to roll him in one full-time program
in Vermont where they live.
Summer vacation lasts 10 weeks
and it will cost Kelly and her husband
about $2,000 for their only child.
It said by the time school starts in August,
Kelly's son will have attended day camps
in Vermont, New Hampshire, and Minnesota
where they'll stay with relatives.
All the camps cost between $150 and $400 per week.
Sounds insane, but those were the last best options with our budget,
even planning months in advance.
The local day camps they used last summer closed because of staffing shortages.
American families now spend nearly one- of their income, an average of $800
per month on child care, the Federal Reserve reports. Which I'd also like to point out.
Part of Build Back Better was to lower costs of child care. Yep. That was a huge part of that
campaign of the Kamala Biden campaign. Yeah. How's that going? Not great.
Well, these numbers seem to be telling another story, right?
I think they, you know, I think they got off track and they they're building back better inflation.
Like, like better being more like higher.
I think maybe that's the only thing that's been built back better.
We need new builders because I don't like the way they build.
We need some new materials.
How about some bricks?
Brick by brick.
You know,
like we didn't want to build a wall.
We don't want to build,
you know,
back better economies.
So let's stop building the inflation.
It's built high enough.
I know you deal with this,
Brianna.
I've dealt with it.
I've got four boys.
Like, you know,
I get it. Yeah. Well, and I, you know. I've got four boys. Like, you know, I get it. In this article, it talked about a significant amount of people either having to quit their job, change their hours, take extended vacations because they can't afford to pay for childcare.
I mean, it's crazy.
I would even argue that it depends on where you're at in the country, of course.
But everywhere from California to South Carolina right now, I mean, we're facing – I mean, we've got two kids.
It's an average of $2,000 a month to have them in something. It's crazy.
Is this something like in your, like other moms you're friends with across the country,
you guys talk about? Yeah, absolutely.
You're hearing this like from a lot of people.
I mean, I would argue that 90% of the people that I know that become moms either have to
give up their career because
it doesn't make sense for them to work and have their kids in daycare or they're working just to
pay for the daycare just because they want to keep a foot in the door, you know, with their career.
So yeah, it's really impactful right now. You know, average American family, I feel like you're
going to be spending, you know, whatever your mortgage is, if you're trying to get into the housing market, plus, you know, an extra $2,000 a month on daycare.
I mean, you better be making, you know, good money. And then, you know, you're eating top ramen.
Yeah. Yeah. I had some of that last night myself, actually.
It was a teriyaki beef oh that's good choice i like ramen i mean
and it doesn't hurt it's good low-calves too i like it it's poisoned yeah i know 40 percent of
parents say they can't afford summer camps due to higher cost of living this quarter according
to a recent credit karma survey of more than 2,000
U.S. adults.
That is statistically significant,
which means
that data is reflective
of the United States population.
It's a lot.
Yeah.
This is the impact.
We're feeling it, and you need specifics for how we're going to
fix it you don't need megan three stallion or a bunch of celebrities you know a bunch of betas
for harris whatever they are telling you what to do you need specifics she's been doing this for
she's been doing this for,
she's been,
you've gotten to see what it's going to be like the last four years.
You can say it's been under,
but they're the same policies.
So if you want it to continue,
you know where to vote.
If you don't,
you know where to vote.
Just saying.
How's your quality of life?
Yeah.
That should be the only question.
How's your pocketbook and how's your quality of life?
How's your business?
A lot of people growing a business, listen to the show. How's your businessbook and how's your quality of life? How's your business? A lot of people growing a business listen to the show.
How is your business?
Talk to a guy this weekend.
I was like, how's your business?
He's like, well, I haven't made a profit in a couple of years. He said, I've been paying myself my salary, but the company's done nothing.
So nobody wants to work and the cost, every cost is higher.
to work and the cost,
the cost is higher.
So,
you know,
if you want it to stay the same,
keep it the same.
So, there you have it.
Oh, anything
else we missed today that you thought was
worth bringing up, Brianna?
I mean, Google blocking
Donald Trump's assassination attempt.
That was a little fishy ahead of the election with what we know about, you know, MEDA and Google and the media.
Yeah, it is interesting, like.
Sort of starting to research like topics for the show and like just seeing how objective or not objective the news is
it's like it's hard to find like and i don't know again i'm not a fox news like all day guy like i
just but like it is sort of like 10 to 1 like it's like every article like the spin the spin cycle
baby it's like whoa i'm like i'm in the dryer i know. I'm in, I'm in the heavy wash load.
Like the spin is real, like the other direction. And I'm like, it's crazy.
Well, it's super interesting because, um, I was, you know, listening to a big influencer recently
and they were saying, there's all sorts of things that are like, um, you know, that they've erased
and they're like, Oh no, that didn't exist. they're like, oh, no, that didn't exist.
It's like what she was calling it, like a Twilight Zone effect or something.
Mandela effect.
Mandela effect.
Yeah.
Yeah.
It's a real thing.
Just Google it, everyone.
The Mandela.
It's an image type learning process, typically with images.
Just super interesting.
Like, I mean, mean yeah i don't know
lots to say yeah lots happening out there it's supposed to lower the interest rates the next
rally so hopefully that happens we need them to go lower and uh is uh yeah you can talk about
venezuela don't know how much it has direct to do with business other than just being crazy with
democracy and everything else or lack of,
I don't know where that's going to net out.
That's a little past my pay grade with,
I understand and don't agree with anything that's happening past my pay grade
of like knowledge of knowing how that gets resolved.
Yeah.
I would say it was a fraudulent election and just should make people very
grateful to be in America where we have what we think is a functioning
democracy.
True.
Yes.
Point taken.
Just look a little South and that's,
that's true socialism.
Yeah.
And exactly.
It's really unfortunate what's going on.
It is.
And it does have impact.
There's a lot of people.
I don't know.
You're being down there.
Remind me,
like you mentioned,
like your seed,
feel it like you've had friends, girlfriends, et cetera, be impacted.
So, you know, lots of love if you're out there impacted by that. And, you know, again, another reason we do live in the greatest country in the world and we've got to keep it that way.
I think that's all we've got today. We appreciate you listening wherever you are, whenever you are, however you are.
Keep making us number one.
We're going to bring you the truth.
We're going to tell you like it is, like we see it.
You know, don't always have to agree with it.
But we know we're here for a reason.
Chris, any final words?
Everyone have a great August.
It's only, what, five months till the end of the year.
Get after it.
Exactly.
August, September, October, November, December.
You're five months.
Hey, finish the career out strong.
Got to make a way or make an excuse.
Let's make some ways.
Brianna, any final thoughts?
Make moms great again. There you go.
Yes. Make dudes great again. Oh yeah. We're not supposed to be about the white dudes.
Well, give me your break. We appreciate you. Ryan is right.com. You'll find the highlight clips, find all the info you're to find us.
We'll see you next time.
And right about now,
this has been right about now with Ryan Alford,
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