Making things cost less by more government spending | Hour 1

What's going on? Thank you so much for listening to this podcast. It is heard live every day from noon to three on WBT radio in Charlotte. And if you want exclusive content like invitations to events, the weekly live stream, my daily show prep with all the links, become a patron, go to the Pete calendar show.com. Make sure you hit the subscribe button, get every episode for free, right to your smartphone or tablet. And again, thank you so much for your support. Alrighty, so who is ready to hear about how things are going to get affordable? Finally, we're going to be able to buy some stuff by spending more money at the state level. Yes. Who's ready for affordability? Oh, I can't wait. Oh, it's going to be fantastic. All of the things. They're going to be so cheap. Yes. The new leader of the North Carolina house, Robert Reeves held a press conference yesterday and he's going to be, it's, it's, I mean, he had, he still has to win the election to be the speaker of the house, but he is going to get that position. He was the house minority leader. So now they're going to elevate him to the speaker of the house when they all get sworn in again. And, Uh, he's got a very large Democrat majority, which could give him some wiggle room. So he doesn't have to cave to the moon bat leftists. Um, but, uh, yeah, they want to spend a bunch of money also legalized pot. So that's going to happen probably now. Now he does say that, uh, Oh, hang on. Sorry. He does say, usually I try to warm up the vocal pipes and I forgot. Um, So he does say that he wants to work. He wants to work with Republicans. And this is the line that the media dutifully carries forward to inform we, the lowly citizens, to tell us that this is what he wants to do. He's totally down to working with Republicans as long as they do what he says. Okay, well, I added that last part. Here's Paul Specht at WRAL. Democrats in the State House of Representatives are open to working with Republicans on legislation that could lower costs for North Carolinians. Spoiler, they won't. See, that's the message. That's the Democrat message. And the media is carrying that for them, right? They are completely unskeptical. of whether Democrat policies will in fact lower costs or as our good friend, Ray Cooper, Senator cut them loose. Cooper make stuff cost less as he says, right? They're now going to make stuff cost less. And the only reason why things don't cost less now is because Democrats have not been in power. If they were in power, you see they would pass all sorts of new government spending, which we, can't afford. So we'd be borrowing more money. So we'd have to print more money. And that causes like, you know, massive inflation. Oh wait, they did do that. Right. And yeah. Okay. So they would do more of that. This is sort of the, uh, the leftist, uh, modern monetary theory. That was all the rage. I'm old enough to remember this. This was about, um, six years ago. MMT. It was everywhere. People were talking about, no, debt doesn't matter. Remember that? Debt doesn't matter. We can just keep printing more and more and more and more money. Now, this isn't simply and strictly a Democrat philosophy. There are a lot of Republicans that also believe this as well. But they pay lip service to trying to rein in spending. I mean, not that they do, but they are doing the same thing. The parties behave the same way because they don't want to take the political hit of addressing the structural problems in our fiscal picture, which is the spending, which is what prompted the rise of the Tea Party. It's the spending. Stop spending, stop spending, stop spending. That's what Rick Santelli famously screamed from the floor of the Chicago Mercantile Exchange, which launched... a true grassroots movement of the Tea Party at the time, which was then targeted by the Obama administration and the McConnell leadership in the Republican Party. Because you cannot have a bunch of these Tea Partiers running around saying we can't spend all of the money, because that's kind of what we do as elected leaders. We spend the money. And we don't have a lot of the money, so we borrow and spend. Which, that's a driver on inflation. Okay. So how are Democrats going to govern? Everybody was very interested to know what Robert Reeves, the now soon to be elected speaker of the North Carolina house. People were very interested to know like what's going to change. Are we going to be able to get public information? Cause we've been doing FOIA requests. We want to see all the emails. We want to see all the stuff. And he said, yeah, we're going to be looking at that transparency, right? Look, Very polished, very smooth. He's a former prosecutor. And he delivered all of these comments with the kind of, dare I say, gravitas that one would expect. And I think he'll be an effective Speaker of the House. That's going to be unfortunate because the stuff that he wants to do are probably not going to make stuff cost less. Because... The stuff he wants to do, the stuff his Democrat membership wants to do, will be spend more money. And unlike at the national level, North Carolina cannot print its own currency. We have to balance our budgets. It's one of the reasons why they were very upset at the passage of the cap on the state income tax being set at 3.5% in the state constitution. We all approved that at the polls last week. We also approved the creation of a levy limit formula to prevent the massive increases in property taxes year to year to year that a lot of local governments have been doing. And Democrats say, well, they had to do it because we haven't been, you know, giving them enough money or whatever. See, Democrats don't ever want to cut the spending. They just want to do the spending, right, for their particular programs. Oh, okay, hang on. They do want to cut one area of spending. Education. Okay, not all of education, just the only sector of education where people actually can control the outcome, which is the school vouchers. That's what they're going to be going after. And we've known this. Democrats have opposed school vouchers. ever since they came along, which is weird because they endorse vouchers for like every other program. They're cool with vouchers for healthcare, right, which is essentially what Medicare is. They're cool with vouchers for SNAP benefits for food. They're okay with it for that. They're okay with it for all of the other grants, all of the other scholarships and stuff that are awarded. Right. For colleges, those are all OK. Totally fine to use vouchers to let kids pick which college they go to. You just can't do that K-12 education. And the reason why teachers unions, these are jobs programs and protection programs and essentially a money laundering mechanism for for for the Democrat Party. So they need to keep everybody, all the kids, locked into schools, whether they are failing or not, it doesn't matter to them. The key here is that you keep funding more and more and more on the K-12 government model because that's where the donors to the Democrat Party work, right? Meanwhile, they also get to tell your kids all sorts of things that will help ensure the next generation comes up with a mindset that is more predisposed, shall we say, to leftism, to what the Democrats are selling. This is how you end up with woke 1.0. It's how you end up with the privilege walks and the critical race theory being inculcated everywhere. So all of that's probably coming back. And you're not going to be able to get your kids out of the schools because they're going to try to dismantle the voucher program, the opportunity scholarships. So that's where they're headed. They also want to make things more affordable. Did I mention that? They want to make stuff cost less. Everything's going to cost less. But if it doesn't cost less in two years, it'll be the Republicans' fault. That's what he said. This is what he said. The holidays will be here before you know it, and so now is the time to create precious and priceless family heirlooms that will last for generations. Take your old photos, slides, films, and tapes to create a video in Mint Hill. There, they'll turn those memories into the story of your lives, memories from past family events captured forever to pass down to future generations. 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And I really think that, you know, I've made comments to my friends that I'm more worried about a Great Depression than a nuclear war. And the thing is— Well, let's hope so. Well, the people— Well, I mean, which— well, Joe, which one would you prefer? Uh, I don't know, because I don't, I think that, uh, depending on what it is, I always think that what we're going to. Get is an EMP, if you know what that is. I do. And that's going to knock out all the grid, social media and everything. Right. So that's where, so wait, so now we're throwing in, we got a great depression, we got a nuclear war and we have an EMP, which EMP, you would also get with nukes, but what's so, but I would rather the depression. Yes, that's true. But what I was going to say is the fact is it's sad that the human or people nowadays, and especially the certain generations haven't had to go through what the previous generations had. And so they have no appreciation for really having to bust their, you know, what to keep food on the table and stuff, you know, it's handed out. And the thing is, then we hand over these rules and regulations to people that don't give a you-know-what about the money because they're not the ones that earned it. And so they just keep spending it. And people, I always like to say, is there been a giant change from the 1700s, 1800s with snake oil salesmen and politicians? All right, Joe, I appreciate the call, sir. I think, well, I will just say two things. Number one, every generation faces its own challenges, right? People coming up now, younger people coming up, they have had difficulties. They have not had a great depression. A lot of them, though, have been, you know, they know nothing else other than the post 9-11 world and the explosion in the pricing of housing and education and health care. And again, I keep pointing out those are the sectors that the government is most involved in. And when the government is involved in an industry or a sector of the economy, it distorts the market and you end up with, uh, with more expensive services and products. Um, the other thing I went over the other day, um, about the, uh, one of the things that AI is doing, um, this was a, uh, It was an article by the French tech entrepreneur. I think his name is Lapogon. I just love saying the name, Lapogon. But he said AI is basically a full-scale audit of everything. That's what AI is able to do and is, well, increasingly able to do. Let me say it like that. And a system that is built on manufactured scarcity, which is what he was arguing, that The people who are in control, they regulate things. They regulate whether it's natural resources or access or whatever. They do it through the permitting. They do it by acting as the toll booth collectors and such. And that simply manufactures scarcity. Housing is a very good example of this. The regulatory burdens to build a home adds about $ 130, 000 onto construction. Now, what if AI... And robotics. And I've seen some of the tech that's out there. I mean, not firsthand. I've seen videos. But they're probably AI generated. But no, they're not. No. There are machines that can build a house out of concrete. Have you seen these things? You know what the 3D laser printing looks like? Have you ever seen a 3D laser printer? Or 3D printer, rather? It basically builds, which is kind of funny. It's very much like pottery. And I know because I did take a few pottery classes back in college. They were electives, people. I had electives to fill out. And I said, I'll take a pottery class, make some Christmas presents for people. And one of the ways that you build a vessel, like a vase or something, yes, you can put it on the wheel and spin it and get all Whoopi Goldberg ghost-like and all. But the other way is you basically roll out strands of clay like spaghetti basically and you then you just kind of make a circle and you put another layer on top and another layer on top and you just keep building it up and that's the way 3d printers kind of work and that's the way this home building robot works as well you load the thing up with concrete you program in the blueprint and it just lays the it just lays each line each course of concrete and just keeps going around making all of the walls it makes makes the whole structure Do you think that might be more economical at some point in the near future to build houses this way rather than the way that we build them? And if you could build your own house, if you had your own robot or you could rent one, you think you might be able to build one for way cheaper? Probably. Custom, right? You just upload your blueprint, which you could probably get AI to draw up for you. See, this is what a lot of the bureaucracy, the quote-unquote deep state, or the new state as the Soviets called them, this is what they're trying to protect. They control the permits. Who gets to do what? And AI is shattering a lot of that. That's why it's existential for them. All right, real quick. Every government number gets revised, right? Every projection gets walked back. Gold does not file corrections like GovCo. Revelation Gold Group helps families hold physical gold and silver, including in a tax-advantaged gold IRA. It's real, it's in your name, and 10 minutes tells you if your retirement account qualifies. If you want to learn more, go to calendarmetals.com. That's calendarmetals.com. There is a link in the podcast description. Or if you want to talk to somebody, you can call 888-465-3049. All right. So let's get some of this audio from the soon to be elected speaker of the North Carolina House, Robert Reeves, who told reporters who had absolutely no skepticism whatsoever about anything he said that he wants to work together with the Republicans. But for the Democrats stuff, you know. Obviously compromise is not capitulation. Compromise is the job. That was true then, that is true today, and that will be true in January when the gavel passes. But make no mistake, we understand that Democrats have won this chamber and we've won it overwhelmingly. We have priorities that we want to see enacted. Many of those policies we have filed bills on for years just to see them ignored. We will be making a robust case for the agenda that got us elected. Which we believe is the best for the people of this state, regardless of their income, race, gender, or zip code. By the way, the agenda that got you elected was make stuff cost less. That was the agenda. That's it. You guys, we went over this yesterday. What was it, the American Accountability Network? Tens of thousands of people. promoting this idea that Democrats are all about affordability and you're going to bring all the prices down, just put you in power again. We won't do what we've been doing for the last 20, 30 years. No, no, no. We're going to make stuff cost less, both for us, both for Roy Cooper, right? And for some reason, he thinks that now this is the mandate to do all of the other things that Democrats tried to do when they were in the minority, which by the way, the Republican leadership, actually had the legislative research staff go through and basically score, as they say, the bills. They have done this on Democrat bills in the past. And remember the MoMoMo, the Moral Monday movement? People may not remember this. The Democratic Party in North Carolina rocked with scandal after scandal after scandal, electoral blowouts. They almost lost their headquarters in Raleigh because they weren't paying the rent. They couldn't raise money. and in steps Reverend William Barber, and he does these weekly marches onto the legislator, basically taking the template that was done up in Wisconsin, storm the chambers, scream and yell and get arrested and all of this, and then just soak up all of the free media coverage. And then they gave their list of demands to the Republican leadership. all these different programs and such and, and spending. And so they scored it. I don't remember what the, I don't even know what it would be inflation adjusted dollars now, but it was like, I want to say like $ 50 billion or something like more than more than two years of state budgets was the additional demands. And if you think that the moral Monday movement list of demands is is completely different than the Democrats' list of demands. You haven't been paying attention. They're the same. But they're going to do what they're going to do, and they're going to bring down some prices. I am not under any illusion about what the results of the election mean for the long term. North Carolinians have one expectation. They expect their representatives to listen to their concerns and to deliver results. We intend to do just that. Okay, how? Clearly, for the past two years in particular, Washington and Raleigh have missed the mark on listening to those concerns. And too many people have been ignored and left behind. We're not going to be able to solve every problem facing our state, but I promise you this. We're going to work as hard as we can to make life more affordable and to deliver for you and your families. Okay, how? Like, that was the question that was not asked. This was an hour-long press conference. And nobody asked, how? How are you going to do this? I understand you've got things you want to do. You have a vision, right? You guys have a party platform and you want to increase spending here. You want to increase spending there and there and here and here and there and there and here and here and there. All over the place, you want to increase all of the spending. How does that make things cost less. Tell me how. Because all of the things that you're doing will drive up the price of living. That's what government intervention does. Government spending equals less affordability. You're not producing anything. You are consuming the currency. You're consuming tax dollars. All government does is consume tax dollars. So how are you going to be making things cost less? He says by funding education. That's going to make stuff cost less. By funding education. Sorry. Investing. That's what they say. They say investing instead of spending because they don't want to admit that they're wanting to increase spending. They always say investing. Republicans use this term too now as well. So they're going to be investing more in education and that's going to bring down the cost of living because that's what's been happening at colleges. What have I missed? Did something happen? Something bring down all of the tuition prices? No, no, those things have exploded. Tuition has exploded. In fact, it's one of the main reasons why the kids are all upset because they've dropped $ 100, 000, $ 150, 000, $ 200, 000 on a college degree, and they are pretty much unqualified to actually get jobs in the real world. So how? He does say people feel good about their government again. He did say that, that He's very excited because people have been coming up to him. They're excited and people feel good about their government again. Well, his allies. Let's be clear about who he's talking to. I don't think many Republicans are going to be coming up to Robert Reeves saying they feel good about their government again. He did also talk about redistricting the maps that were so unfair that Democrats could never win under the maps drawn by Republicans. And then, of course, they won under the maps that were drawn by Republicans. Now, some people may say, well, that just proves that the Democrats were lying about not being able to win under the maps that Republicans drew. No, no, no, no, no. The argument that they're making is actually that they should have won more. They should have won more seats. And they should have won the trifecta because the Republicans appear to be hanging on to the final seat in the Senate to keep a one-seat majority. So the Democrats in the House are going to have to work with the Republicans in the Senate because the Senate will be controlled by a single seat. Now, does a Republican flip seats, flip parties, I should say? That could happen. That could happen. You cut deals. That happened in the past. I mean, it led to the Speaker of the House, Jim Black, going to prison, but that could happen too. From the text line, John says, that is quite a wish list the new Speaker has. However, and this is an important little fact he seems to have overlooked, Senator Danny Britt won. The Republicans will control the Senate and will stop all of that silliness if they don't pass a budget. The current budget stays in place, which means school vouchers stay funded. Yeah, that's an important point here. Of course, they may be able to peel a vote away or something to get enough votes to pass a budget, right? So there's going to be a lot of that stuff going on in the Senate this upcoming session, I suspect. Our pal Candy Crusher. This is so funny. The intergenerational... uh, warfare stuff. So you got, you know, the Gen Zs, millennials, Gen A's, they, uh, you know, they, they have such disdain for the boomers and I get it. Look, I understand as a Gen Xer, like I'm just rooting for injuries, you know, like I'm just, that's just how, that's just how we Gen Xers roll. We just are standing on the sidelines and, uh, making all sorts of, Sarcastic comments about everything going on. But Candy Crusher is of the younger generation, says regarding the earlier caller from Joe, I think it was. Boomers are so self-entitled and full of themselves, it's actually hilarious. You guys are too. You younger folks are as well, Candy. They're always harping on about how the younger generations never struggled, how easy they have it when the boomers lived the best lives in human history and probably the best lives humans will ever live if the trends continue. See, this is, once again, like history did not begin with you guys. And as one who, as a Gen Xer, I remember growing up seeing the stuff that, you know, the boomers came out of. I remember the pre-internet age, and I've lived through the advent of the internet age. And so, like, Gen X is in this very unique position with a foot in both worlds, right? So, this may come as a surprise to you, Candy Crusher, as somebody of the younger generation who has probably failed by our K-12 education, which I do put that on the boomers. particularly the left wing boomers who took over the institutions. Did you know that people were actually drafted to go to war in Vietnam? Y'all didn't have that. See every generation blames the one before. No. Well, I mean, yes, that is true. It's also a line from a song, but it like every generation thinks that they've got it the worst or something. And, The other one didn't have it as bad. The challenges are different. I don't minimize the stuff that younger generations have gone through. And you know what? Also, like I've gone through it too. Like everything you guys have gone through, I've gone through as well because I'm a Gen Xer. So I may have been a little older than you, but, you know, I went through the recession, the global war on terrorism. Like I've been through all of that too. College debt, right? Not as bad as it is now, and you can thank government for that. But this idea that the boomers lived the best lives in human history. Every individual is different. They definitely benefited from a unique period of time, post-World War II, when the entire rest of the planet had no manufacturing base and all of that. Yes, they had there were definitely benefits to growing up in that. One of the downsides was, you know, the threat of nuclear annihilation. Yeah. They like, they had to deal with that. That scarred a lot of them. Again, it's just all of these generations have their own challenges. for the boomers though they couldn't look at their parents generation and be like you guys had it so much better than we did couldn't say that about the uh uh the depression era world war ii folks that didn't really fly so uh sure their parents and grandparents struggled through hardship, but most of them certainly did not struggle more than any average person would in their life. They lived lives in a time that most young people would instantly trade places with and yearn to go back to. And for some reason they're like the sort of, they're sort of ashamed because they know how good they have it. So they try to make it seem much worse than it was while simultaneously talking about how great everything was back then. It's analogous to a rich liberal pretending they were poor and lived in the ghetto. Um, that is that's human nature everybody's going to do everybody does that you're going to do it as well trust me mark my words all right that'll do it for this episode thank you so much for listening i could not do the show without your support and the support of the businesses that advertise on the podcast so if you'd like please support them too and tell them you heard it here you can also become a patron at my patreon page or go to the pete calendar show.com again thank you so much for listening and don't break anything while i'm gone