WEBVTT

00:00:00.080 --> 00:00:03.960
Join us on Now We Consume. Take in the knowledge.

00:00:04.099 --> 00:00:07.259
Take in the laughs. Indulge in the topics with

00:00:07.259 --> 00:00:10.859
us. The Now We Consume podcast will take you

00:00:10.859 --> 00:00:13.160
through the parts of your day you normally dread.

00:00:13.900 --> 00:00:16.559
Why suffer through the existential crisis of

00:00:16.559 --> 00:00:20.140
life alone when you can do it with us? And now

00:00:20.140 --> 00:00:23.160
we consume. This is not meant to be a conspiracy

00:00:23.160 --> 00:00:25.239
episode or podcast, but we make over some topics

00:00:25.239 --> 00:00:26.480
that dance that line like a toddler dances on

00:00:26.480 --> 00:00:28.800
their mother's last nerve. This podcast is rated

00:00:28.800 --> 00:00:31.870
I. For immature audiences only. If you've ever

00:00:31.870 --> 00:00:34.149
considered becoming an OnlyFans or FeetFinder

00:00:34.149 --> 00:00:37.229
content creator, or even a podcast host, then

00:00:37.229 --> 00:00:39.609
welcome to the show where for just $6, you can

00:00:39.609 --> 00:00:41.789
watch Gibbs play in an inflatable pool filled

00:00:41.789 --> 00:00:44.030
with mayonnaise while wearing just a Speedo.

00:00:44.789 --> 00:00:47.350
I don't even like mayonnaise! Welcome back to

00:00:47.350 --> 00:00:50.049
the Now We Consume podcast. I'm your host, Pip.

00:00:50.450 --> 00:00:52.609
Here as always with my co -host, Gibbs. Fuck

00:00:52.609 --> 00:00:57.450
you! But mayonnaise is an instrument, Gibbs.

00:00:57.509 --> 00:01:02.909
Mayonnaise is not an instrument. So yeah, tonight

00:01:02.909 --> 00:01:05.670
we're going to be discussing the death of the

00:01:05.670 --> 00:01:09.430
careers, the resurrection of the trades, the

00:01:09.430 --> 00:01:12.870
rise of the gig economy. And we figured that,

00:01:12.890 --> 00:01:15.469
or I figured rather, Gibbs didn't know I was

00:01:15.469 --> 00:01:20.409
doing that intro. But OnlyFans, FeetFinder, specialty

00:01:20.409 --> 00:01:24.060
streams like Twitch where... Models play in inflatable

00:01:24.060 --> 00:01:27.560
pools filled with various materials, water, whipped

00:01:27.560 --> 00:01:30.659
cream, or even mayonnaise. All things are on

00:01:30.659 --> 00:01:34.359
the table. No, they're not on the table. There's

00:01:34.359 --> 00:01:36.420
a visual for you, Gibbs. I don't want to do that.

00:01:36.780 --> 00:01:39.200
You in a Speedo within a pool full of mayonnaise.

00:01:43.599 --> 00:01:45.500
I mean, I get it if you like them hunky, but

00:01:45.500 --> 00:01:49.640
like, I just, mayonnaise, just, oh, no. I like

00:01:49.640 --> 00:01:53.879
them thick. I like them chunky. I get that I

00:01:53.879 --> 00:01:57.299
resemble Moto Moto. I understand that, but it's

00:01:57.299 --> 00:02:00.299
the thought of mayonnaise going to places where

00:02:00.299 --> 00:02:02.359
mayonnaise shouldn't be. That's what gets me.

00:02:02.599 --> 00:02:04.620
You're going to be sitting there like, you got

00:02:04.620 --> 00:02:07.420
to open yourself up to new experiences, all right?

00:02:07.840 --> 00:02:10.000
Yeah, but the smell of three -day -old mayonnaise

00:02:10.000 --> 00:02:12.080
coming from my clock is just not what I want.

00:02:12.939 --> 00:02:16.340
Oh, would you not shower, though? Good God. Yeah,

00:02:16.340 --> 00:02:17.580
but you're never getting all that. It's mayonnaise.

00:02:18.400 --> 00:02:20.340
You have to, like, bleach it. Like, I don't know

00:02:20.340 --> 00:02:22.340
how... What, I have to be naked running through

00:02:22.340 --> 00:02:27.539
a car wash, like, five times? I am so sorry.

00:02:27.620 --> 00:02:30.560
I was in a vat of mayonnaise. And everyone's

00:02:30.560 --> 00:02:32.939
like, oh, yeah, it makes sense. I, too, would

00:02:32.939 --> 00:02:35.039
be frolicking through a car wash five times in

00:02:35.039 --> 00:02:37.539
a week. Yes, I would like the undercarriage treatment.

00:02:37.620 --> 00:02:47.039
Thank you. Oh, that nibbles. But... Don't forget

00:02:47.039 --> 00:02:52.439
the coin purse. Oh, there's a grundle setting.

00:02:52.560 --> 00:03:00.500
I'm kidding. Oh, God, not the grundle. Oh, you

00:03:00.500 --> 00:03:04.039
know, apologies in advance, folks. This has been

00:03:04.039 --> 00:03:07.340
a weekend of weekends. Gibbs was basically on

00:03:07.340 --> 00:03:10.580
his deathbed. So that's why the episode is coming

00:03:10.580 --> 00:03:14.120
out late. And I have just been busy dealing with

00:03:14.120 --> 00:03:16.979
life. Yeah, you actually took a page out of my

00:03:16.979 --> 00:03:21.560
book this week. Yeah. There's alcohol involved

00:03:21.560 --> 00:03:25.659
tonight. And Gibbs is just kind of in a mood.

00:03:25.719 --> 00:03:29.060
So we're just kind of trying to relax and chill

00:03:29.060 --> 00:03:32.639
and get this episode out and have a little fun

00:03:32.639 --> 00:03:35.500
with it. Because while some of the information

00:03:35.500 --> 00:03:40.900
might be a little dry, it is important. It is

00:03:40.900 --> 00:03:49.879
something that. We're hoping we'll hit you in

00:03:49.879 --> 00:03:53.199
the face a little bit. Kind of like a well lubed

00:03:53.199 --> 00:04:00.120
dildo of consequence per se. But a lot of this

00:04:00.120 --> 00:04:01.919
is stuff that just isn't getting talked about.

00:04:02.840 --> 00:04:06.860
So Gibbs, I know you said you had a couple points

00:04:06.860 --> 00:04:08.520
you wanted to make right away. So go ahead and

00:04:08.520 --> 00:04:11.780
take it away. Exactly. I wanted to quickly set

00:04:11.780 --> 00:04:13.860
up this episode by looking at some numbers and

00:04:13.860 --> 00:04:17.939
some history here. about comparing really the

00:04:17.939 --> 00:04:21.019
work environment and everything leading up really

00:04:21.019 --> 00:04:24.040
from post -world war ii to the 1950s up until

00:04:24.040 --> 00:04:26.540
today i want to kind of compare and contrast

00:04:26.540 --> 00:04:29.939
what the average salary was back then and its

00:04:29.939 --> 00:04:33.560
2025 equivalent in spending value as well as

00:04:33.560 --> 00:04:35.740
what the bills were average house things like

00:04:35.740 --> 00:04:38.759
that because i want to build a picture here as

00:04:38.759 --> 00:04:41.639
to how the country has changed and both the good

00:04:41.639 --> 00:04:43.680
and the bad points I know we've loosely touched

00:04:43.680 --> 00:04:45.959
upon this in a couple of episodes between economics

00:04:45.959 --> 00:04:48.600
and a few other things, but I want to drive this

00:04:48.600 --> 00:04:53.620
point home that simply things have not gotten

00:04:53.620 --> 00:04:56.339
better as time has gone on, and I want to explain

00:04:56.339 --> 00:04:59.420
why. In some areas, I will say absolutely, but

00:04:59.420 --> 00:05:01.540
it's more due to technological advancements and

00:05:01.540 --> 00:05:04.540
the availability of information and education

00:05:04.540 --> 00:05:10.439
rather than the economy getting better. I just

00:05:10.439 --> 00:05:11.720
wanted to paint that picture and kind of get

00:05:11.720 --> 00:05:15.360
going with this. So quickly kind of to give us

00:05:15.360 --> 00:05:17.699
a bit of a primer here. I'm only going from the

00:05:17.699 --> 00:05:21.100
1950s because really the U .S. economy, or really

00:05:21.100 --> 00:05:24.060
even the world economy pre -World War II, was

00:05:24.060 --> 00:05:26.819
so different that it's hard to be able to give

00:05:26.819 --> 00:05:30.459
it any sort of relative meaning. Context. Yeah,

00:05:30.480 --> 00:05:32.339
yeah, context. Because there were far few government

00:05:32.339 --> 00:05:35.699
exemptions or even... Tax incentives, things

00:05:35.699 --> 00:05:37.240
like that. The tax structure is very different.

00:05:37.300 --> 00:05:39.480
Also, civil rights is a big issue. There's a

00:05:39.480 --> 00:05:41.319
lot going on to where it's not even really worth

00:05:41.319 --> 00:05:44.480
diluting this conversation down with. That's

00:05:44.480 --> 00:05:46.579
a whole different discussion, which we already

00:05:46.579 --> 00:05:50.100
kind of loosely talked about. But to give you

00:05:50.100 --> 00:05:51.899
an idea, I just want to do a quick rundown. In

00:05:51.899 --> 00:05:55.000
the 1950s, the average family income adjusted

00:05:55.000 --> 00:05:57.720
for today's dollars. The average family income

00:05:57.720 --> 00:06:04.930
was $39 ,800. True income of $3 ,300. Yeah, yeah.

00:06:04.970 --> 00:06:08.449
The income of the time was $3 ,300. But adjusted

00:06:08.449 --> 00:06:09.930
for inflation and everything, it would be worth

00:06:09.930 --> 00:06:14.009
about $39 ,800 today. So $40 ,000. Or aka, you're

00:06:14.009 --> 00:06:17.750
making your $20 an hour, give or take. Now in

00:06:17.750 --> 00:06:22.110
the 60s, that goes up to about $46 ,000 in today's

00:06:22.110 --> 00:06:26.870
dollars. In 1970... I just want to stick my tip

00:06:26.870 --> 00:06:31.930
in here. The $24 an hour equivalent was $2 an

00:06:31.930 --> 00:06:40.420
hour. Yeah. $2 an hour. I know. Equals 24 in

00:06:40.420 --> 00:06:45.439
2025. Yeah, our income has lost its value 12

00:06:45.439 --> 00:06:48.699
times. Our money back then was worth 12 times

00:06:48.699 --> 00:06:53.060
more than what it is today. That hurts. Yeah,

00:06:53.060 --> 00:06:54.819
I know. That's why the statistic that we saw

00:06:54.819 --> 00:06:57.240
last week of the U .S. dollar has lost, what

00:06:57.240 --> 00:07:00.560
was it, 94, 96 % of its buying power? Yeah, 96,

00:07:01.060 --> 00:07:05.689
I think. Yeah. it's this goes to show but that's

00:07:05.689 --> 00:07:07.230
why we talked about it you know getting off the

00:07:07.230 --> 00:07:08.889
gold standard doing all that really kind of hurt

00:07:08.889 --> 00:07:12.389
but in the 1960s you're up to you know the 37

00:07:12.389 --> 00:07:17.430
500 a year or approximately 46 200 give or take

00:07:17.430 --> 00:07:21.350
and then in the 70s you're up to that 41 43 000

00:07:21.350 --> 00:07:23.569
mark so that's kind of again in the similar vein

00:07:23.569 --> 00:07:26.839
so you're noticing Even in the 80s, $41 ,000

00:07:26.839 --> 00:07:30.220
to $42 ,000. In the 90s, we go up to $47 ,000.

00:07:30.399 --> 00:07:33.019
In the 2000s, that's a big shift. That was a

00:07:33.019 --> 00:07:34.920
huge boom. That was the internet boom and everything

00:07:34.920 --> 00:07:37.959
else. You're talking the average American was

00:07:37.959 --> 00:07:40.959
making $32 ,000 or adjusted was about $54 ,000.

00:07:41.920 --> 00:07:44.399
That was really the peak of the American dream

00:07:44.399 --> 00:07:47.360
in terms of relative to today. Where from that

00:07:47.360 --> 00:07:49.720
late 90s to that early mid 2000s, before the

00:07:49.720 --> 00:07:53.339
2008 housing crisis, the bubble and everything,

00:07:53.480 --> 00:07:56.120
before that happening, that is where america

00:07:56.120 --> 00:07:59.680
was at really one of its peaks the reason i wanted

00:07:59.680 --> 00:08:04.360
to bring this up is in the 2010s it goes all

00:08:04.360 --> 00:08:07.699
up to 59 000 but i'll be showing you a point

00:08:07.699 --> 00:08:10.160
in a minute here why that's important and then

00:08:10.160 --> 00:08:14.819
in 2019 it goes up to about 65 000 this is all

00:08:14.819 --> 00:08:18.339
pre -covered this is all to where the dollar

00:08:18.339 --> 00:08:20.680
really does kind of have a lot more buying power

00:08:20.680 --> 00:08:22.279
now we already kind of started to see inflation

00:08:22.279 --> 00:08:25.860
really hitting In the mid to late teens, and

00:08:25.860 --> 00:08:27.899
it was kind of starting to shift to where what

00:08:27.899 --> 00:08:31.100
COVID really set off, which was that not quite,

00:08:31.139 --> 00:08:32.639
we're not like in hyperinflation, we're definitely

00:08:32.639 --> 00:08:35.480
in inflationary period. So what the fuck is my

00:08:35.480 --> 00:08:40.639
cat doing? COVID kind of showed a lot of the

00:08:40.639 --> 00:08:44.919
shit going on behind the curtain that was going

00:08:44.919 --> 00:08:49.360
to come out eventually. I think that if the 2020s,

00:08:49.360 --> 00:08:51.879
I think would have shaped up a lot differently.

00:08:52.600 --> 00:08:56.779
Had COVID not hit, it would have just come out

00:08:56.779 --> 00:09:00.480
over time, kind of in drips. But with COVID hitting,

00:09:00.679 --> 00:09:03.500
everything just screeched to a halt and everything

00:09:03.500 --> 00:09:05.960
was just brought front and center all at once.

00:09:06.159 --> 00:09:09.820
We had basically 15 to 20 years of economic downturn

00:09:09.820 --> 00:09:12.639
happen in like two to three years. And that's

00:09:12.639 --> 00:09:14.399
part of the problem. All the inflation, all the

00:09:14.399 --> 00:09:16.480
money printing, everything just... And we basically

00:09:16.480 --> 00:09:18.240
went through an economic depression that would

00:09:18.240 --> 00:09:20.440
have spanned, you know, probably a decade or

00:09:20.440 --> 00:09:22.360
two. that wouldn't have really felt that bad

00:09:22.360 --> 00:09:26.559
yeah but it all got smushed in but the reason

00:09:26.559 --> 00:09:29.779
why i want to bring up these numbers is what

00:09:29.779 --> 00:09:32.620
you're noticing is throughout from world war

00:09:32.620 --> 00:09:37.740
ii up until covid the average american always

00:09:37.740 --> 00:09:39.480
brought in it brought up a little bit but anywhere

00:09:39.480 --> 00:09:43.179
between 40 000 at the lowest roughly in equivalent

00:09:43.179 --> 00:09:47.059
to 60 000. that's always been the middle class

00:09:47.059 --> 00:09:50.580
that that has always been that amount Now something

00:09:50.580 --> 00:09:52.860
to consider is with all those changes for instance

00:09:52.860 --> 00:09:55.120
in the 50s You really didn't have benefits like

00:09:55.120 --> 00:09:56.779
health care and health insurance that started

00:09:56.779 --> 00:09:59.460
coming around the 60s as well Between employer

00:09:59.460 --> 00:10:01.539
-sponsored health insurance was expanded and

00:10:01.539 --> 00:10:04.460
even in the 70s and 80s Start becoming something

00:10:04.460 --> 00:10:06.240
that was even legally forced and or required

00:10:06.240 --> 00:10:08.820
you had different benefits you had pensions which

00:10:08.820 --> 00:10:10.419
no longer exists That's another talking point

00:10:10.419 --> 00:10:13.360
in a minute as we started having 401k or contributions

00:10:13.360 --> 00:10:16.399
different pension contributions What ended up

00:10:16.399 --> 00:10:19.299
happening? is not only where the average wage

00:10:19.299 --> 00:10:22.419
is increasing, but that is with the offset of

00:10:22.419 --> 00:10:25.200
having to pay for higher and higher health insurance

00:10:25.200 --> 00:10:30.080
over the decades and contributions. The bigger

00:10:30.080 --> 00:10:33.980
thing I wanted to bring into now is the reason

00:10:33.980 --> 00:10:35.639
why we're setting up for the death of careers

00:10:35.639 --> 00:10:38.080
is because of the housing market, which I know

00:10:38.080 --> 00:10:39.480
we've talked about before, but I want everyone

00:10:39.480 --> 00:10:44.240
to be aware of this. In the 1950s, the relative

00:10:44.240 --> 00:10:47.610
price for a house, the average house, was $93

00:10:47.610 --> 00:10:49.789
,000, meaning they were making like $35 ,000,

00:10:49.830 --> 00:10:54.009
$40 ,000, and the house was $93 ,000. Is that

00:10:54.009 --> 00:10:56.309
the adjusted number? That's the adjusted number.

00:10:56.529 --> 00:11:00.889
The average price was $7 ,300 or $7 ,500. Oh,

00:11:01.110 --> 00:11:04.590
God. To give you guys an idea, the house that

00:11:04.590 --> 00:11:07.169
I'm in right now, my grandparents bought in 67

00:11:07.169 --> 00:11:12.490
for $11 ,000. As of last year, without all the

00:11:12.490 --> 00:11:14.210
additions we've done, it's worth $800 ,000 to

00:11:14.210 --> 00:11:17.840
$900 ,000. There is no market. There is no money.

00:11:17.899 --> 00:11:21.399
There's nothing you can do to ever, ever outcompete

00:11:21.399 --> 00:11:24.320
that kind of rate of increase in the market.

00:11:25.059 --> 00:11:28.419
The point I want to get at is that alone from

00:11:28.419 --> 00:11:32.139
the 50s, even into the 60s, the average American

00:11:32.139 --> 00:11:35.059
was able to afford a mortgage. The average American,

00:11:35.139 --> 00:11:38.039
as long as you were working a decent job, it

00:11:38.039 --> 00:11:39.519
didn't even matter. You could be working at a

00:11:39.519 --> 00:11:41.370
hardware store. You can be working literally

00:11:41.370 --> 00:11:43.509
McDonald's back then or other shit or even doing

00:11:43.509 --> 00:11:45.330
whatever. And also you could at least afford

00:11:45.330 --> 00:11:48.649
18 to $23 an hour. And you were, you, you had

00:11:48.649 --> 00:11:51.929
a house. Yeah. And the equivalent. Yeah. Like

00:11:51.929 --> 00:11:53.590
that's, that's what I'm saying back then. You

00:11:53.590 --> 00:11:56.090
can make the average money and afford the average

00:11:56.090 --> 00:12:02.269
house. However, once we started having this problem

00:12:02.269 --> 00:12:05.769
of between corporations getting involved, mass

00:12:05.769 --> 00:12:08.950
immigration, and a few other things, it has gotten

00:12:08.950 --> 00:12:11.690
to the point to where, the housing price housing

00:12:11.690 --> 00:12:13.690
cost and housing crisis has gone exponentially

00:12:13.690 --> 00:12:17.889
so much so if you look at the 70s the average

00:12:17.889 --> 00:12:20.870
house was about 40 000 or adjusted right now

00:12:20.870 --> 00:12:24.009
is for 223 to 313 which that's still kind of

00:12:24.009 --> 00:12:25.830
high but like at least you could afford it back

00:12:25.830 --> 00:12:28.870
then you know the 80s was almost the same cost

00:12:28.870 --> 00:12:32.190
roughly it doesn't really go up that much it

00:12:32.190 --> 00:12:34.850
only goes up to 273 in the 90s it goes up to

00:12:34.850 --> 00:12:38.360
374. In the 2000s, it goes up to 476, and that's

00:12:38.360 --> 00:12:40.980
all relative. So the entire, yes, those are shifting

00:12:40.980 --> 00:12:44.000
more, but most Americans are still keeping up

00:12:44.000 --> 00:12:47.179
with that, with their wages. One thing that I

00:12:47.179 --> 00:12:49.419
want to kind of point out in the 80s, they did

00:12:49.419 --> 00:12:53.379
have some much higher interest rates. So that

00:12:53.379 --> 00:12:56.360
was one thing that people dealt with. Lower house

00:12:56.360 --> 00:12:58.759
prices, but much higher interest rates. Yes,

00:12:58.759 --> 00:13:02.700
but the catch is the average American who was

00:13:02.700 --> 00:13:06.080
making $46 ,000. if the house don't handle it

00:13:06.080 --> 00:13:09.519
well the house is only 73 000 that's less than

00:13:09.519 --> 00:13:12.820
double whereas nowadays what's even crazy is

00:13:12.820 --> 00:13:15.779
to afford the average house in america even in

00:13:15.779 --> 00:13:17.720
my area so my state in particular massachusetts

00:13:17.720 --> 00:13:20.960
the issue we have is you have to make over 150

00:13:20.960 --> 00:13:23.659
000 a year to afford the average home because

00:13:23.659 --> 00:13:25.799
the average house is 450 to 500 000 and that's

00:13:25.799 --> 00:13:27.019
without any down payment or anything else and

00:13:27.019 --> 00:13:30.279
all that the issue is just it's it's to where

00:13:30.279 --> 00:13:31.679
you have to make a ridiculous amount of money

00:13:31.679 --> 00:13:35.289
to even be allowed have a chance And there's

00:13:35.289 --> 00:13:37.389
also no way to save. Because who the hell is

00:13:37.389 --> 00:13:39.750
going to save up $200 ,000 to bring that price

00:13:39.750 --> 00:13:43.830
down? No one. Especially in the taxes. The taxes

00:13:43.830 --> 00:13:46.090
and everything else. And also the fees and capital

00:13:46.090 --> 00:13:48.909
gains and everything else. It's just a mess.

00:13:50.210 --> 00:13:52.990
The reason I wanted to bring this up as a preference

00:13:52.990 --> 00:13:57.549
for everything is there was a time in American

00:13:57.549 --> 00:14:02.830
history to where if you had a decent job, you

00:14:02.830 --> 00:14:04.490
could afford to pay your bills and have a house

00:14:04.490 --> 00:14:07.990
not that long ago even not that long ago and

00:14:07.990 --> 00:14:11.149
also something to consider is over time the bills

00:14:11.149 --> 00:14:13.669
get more and more complex and more and more necessary

00:14:13.669 --> 00:14:16.470
there used to be a time in american history where

00:14:16.470 --> 00:14:18.590
the 1950s all you needed was a house and a car

00:14:18.590 --> 00:14:21.409
and that's it now you have to have a cell phone

00:14:21.409 --> 00:14:23.929
or household you have to have internet you have

00:14:23.929 --> 00:14:25.990
to have access to electronics and other devices

00:14:25.990 --> 00:14:27.750
you have to have different types of insurances

00:14:28.220 --> 00:14:29.940
You have to have different types of insurance,

00:14:30.039 --> 00:14:31.460
either for kids or for pets or anything else.

00:14:31.480 --> 00:14:35.100
The list keeps growing, but yet the wages in

00:14:35.100 --> 00:14:38.500
terms of relative buying power do not. And when

00:14:38.500 --> 00:14:41.059
you reference our previous episodes, particularly

00:14:41.059 --> 00:14:44.379
the one about the feds and our treasury department,

00:14:44.639 --> 00:14:47.139
the issue has been we have printed so much money

00:14:47.139 --> 00:14:51.720
recently that the dollar is massively devalued.

00:14:52.720 --> 00:14:57.179
So this is part of the reason. It's one of the

00:14:57.179 --> 00:15:05.220
many parts why the old ideas of work, the old

00:15:05.220 --> 00:15:07.600
ideas of working at a company for 20, 30 years

00:15:07.600 --> 00:15:09.600
and having a big pension, a big retirement, are

00:15:09.600 --> 00:15:14.059
gone. For the mass majority of people, all that's

00:15:14.059 --> 00:15:17.440
gone. There's no such thing anymore. You don't

00:15:17.440 --> 00:15:19.860
get the same kind of benefits or reward from

00:15:19.860 --> 00:15:22.259
staying long -term at a company. It sucks. And

00:15:22.259 --> 00:15:24.379
for there are some that do thankfully i'm in

00:15:24.379 --> 00:15:26.080
one of those right now and it's something to

00:15:26.080 --> 00:15:27.440
work It's like a family -owned thing. It's like

00:15:27.440 --> 00:15:29.960
a small thing. But for a lot of them you're not

00:15:29.960 --> 00:15:33.039
going to see that because really There's no incentive

00:15:33.039 --> 00:15:35.379
for them And we're going to be going over as

00:15:35.379 --> 00:15:39.360
to why the different changes um, but it was definitely

00:15:39.360 --> 00:15:43.580
I wanted to make people aware That a lot of this

00:15:43.580 --> 00:15:45.159
is based off the housing market because at the

00:15:45.159 --> 00:15:46.659
end of the day everyone has to live somewhere

00:15:46.659 --> 00:15:49.419
You got to sleep somewhere, bro Second of off

00:15:49.419 --> 00:15:51.710
when it comes to the bills between inflation

00:15:51.710 --> 00:15:54.210
with all the overprinting of money as well as

00:15:54.210 --> 00:15:56.470
the higher obligations and more bills that you

00:15:56.470 --> 00:16:00.090
have to pay you get squeezed it's that simple

00:16:00.090 --> 00:16:04.570
yeah so on the housing um i just kind of want

00:16:04.570 --> 00:16:07.669
to make a little mushroom standpoint a lot of

00:16:07.669 --> 00:16:12.470
people are opting to live in vehicles now because

00:16:12.470 --> 00:16:17.970
you can finance a essentially cargo van yeah

00:16:17.970 --> 00:16:25.190
um buy a used U -Haul truck and pay to have it

00:16:25.190 --> 00:16:30.450
renovated, and it costs less than a house, and

00:16:30.450 --> 00:16:33.649
you've got your transportation, you've got your

00:16:33.649 --> 00:16:36.909
house, you've got all your utility needs right

00:16:36.909 --> 00:16:41.149
there in one, and it's far less all in one package.

00:16:43.309 --> 00:16:45.889
And it's becoming more and more popular, especially

00:16:45.889 --> 00:16:48.210
out on the West Coast. Oh yeah, van life is a

00:16:48.210 --> 00:16:51.889
big thing. van life is a huge thing out in california

00:16:51.889 --> 00:16:54.190
but unfortunately it's because of necessity not

00:16:54.190 --> 00:16:57.649
by choice yeah that necessity is the mother of

00:16:57.649 --> 00:17:00.370
all invention so people are getting more and

00:17:00.370 --> 00:17:03.009
more creative and they're actually coming out

00:17:03.009 --> 00:17:07.089
with more and more products that are uh focused

00:17:07.089 --> 00:17:10.670
on that kind of lifestyle and i'll give them

00:17:10.670 --> 00:17:12.869
credit they're coming out with some absolutely

00:17:12.869 --> 00:17:17.269
fantastic ideas yeah but i also think that it's

00:17:17.269 --> 00:17:22.740
shit that in 2025 we're pushing van life on people

00:17:22.740 --> 00:17:28.259
because they can't afford the fucking rent yeah

00:17:28.259 --> 00:17:31.240
but it's unfortunately a problem from the top

00:17:31.240 --> 00:17:36.259
down oh 100 the the issue is not to have like

00:17:36.259 --> 00:17:38.440
a slight aside but i i know we've made this point

00:17:38.440 --> 00:17:40.119
previously but i do want to make this point in

00:17:40.119 --> 00:17:43.700
this podcast the issue is when you make it so

00:17:43.700 --> 00:17:46.900
people can't retire what happens is they don't

00:17:46.900 --> 00:17:49.759
leave their jobs So therefore, the next generation

00:17:49.759 --> 00:17:51.559
doesn't move up and that generation doesn't move

00:17:51.559 --> 00:17:53.380
up. When they're talking about delayed growth,

00:17:53.519 --> 00:17:55.339
one of the issues you have is what used to happen

00:17:55.339 --> 00:17:57.440
is when people got into their 50s and 60s, they

00:17:57.440 --> 00:17:59.920
would retire or pass on their business or leave

00:17:59.920 --> 00:18:02.180
their position of management. And then the people

00:18:02.180 --> 00:18:04.559
in the 30s and 40s would move up. Then the higher

00:18:04.559 --> 00:18:06.559
20 -year -olds move up. Then the lower 20 -year

00:18:06.559 --> 00:18:08.220
-olds would move up. Then the 18 -year -olds

00:18:08.220 --> 00:18:10.380
would step in. Now you're noticing in many places

00:18:10.380 --> 00:18:12.160
there are people in their 30s, 40s, even 50s

00:18:12.160 --> 00:18:14.730
still in entry -level jobs. You have the issue

00:18:14.730 --> 00:18:15.890
of the people that were in management, they're

00:18:15.890 --> 00:18:18.549
working there until the 70s or 80s. The problem

00:18:18.549 --> 00:18:21.190
is you're delaying the entire process by a decade

00:18:21.190 --> 00:18:23.970
or two. And they're wondering why, oh, why is

00:18:23.970 --> 00:18:25.490
there no one there? It's like, well, they're

00:18:25.490 --> 00:18:27.809
there. It's just, unfortunately, we've created

00:18:27.809 --> 00:18:30.170
an economy where those people can't retire. So

00:18:30.170 --> 00:18:31.950
therefore, they got to be somewhere. So they're

00:18:31.950 --> 00:18:34.509
going to be there. You don't give them the space

00:18:34.509 --> 00:18:38.250
to be able to move on or do something else. So

00:18:38.250 --> 00:18:40.750
that's going to be an issue in almost every single

00:18:40.750 --> 00:18:43.500
segment of the economy. And the thing is, it's

00:18:43.500 --> 00:18:46.140
not those people's fault. If you're someone in

00:18:46.140 --> 00:18:48.519
your 70s that's still working, you're like, man,

00:18:48.599 --> 00:18:51.859
I thought having $2 ,000 to $3 ,000 a month coming

00:18:51.859 --> 00:18:53.880
in would have been great when I retired. And

00:18:53.880 --> 00:18:57.619
you realize that that barely buys a car. Oh,

00:18:58.720 --> 00:19:01.799
God, don't get me started on cars. Oh, dude,

00:19:01.859 --> 00:19:04.960
it's insane. There are places offering 30 -year

00:19:04.960 --> 00:19:09.079
payment plans on vehicles. At 30 % interest.

00:19:11.340 --> 00:19:14.000
My favorite one I saw when I was at the dealership.

00:19:15.059 --> 00:19:19.519
Somebody paid. I think it was $130 or $140 for

00:19:19.519 --> 00:19:22.180
a Cadillac. It was like the Blackwing edition,

00:19:22.380 --> 00:19:26.400
whatever. Their payment was like $1 ,400 a month.

00:19:27.980 --> 00:19:32.559
That's a house, bro. That was 30%. Oh, my God.

00:19:32.740 --> 00:19:34.420
And they were going to pay into, I think it was

00:19:34.420 --> 00:19:36.539
like $210 ,000 by the time they're done or something.

00:19:36.779 --> 00:19:39.779
$210 ,000, $220 ,000. That's a fucking house.

00:19:40.349 --> 00:19:41.910
Yeah, but the thing is, they made enough money,

00:19:41.970 --> 00:19:44.009
they didn't care. They're like, whatever. I'm

00:19:44.009 --> 00:19:45.309
just going to trade it in a couple of years anyway.

00:19:48.150 --> 00:19:50.190
But I think there's a lot of people that one

00:19:50.190 --> 00:19:52.230
of the reasons they're spending that money is

00:19:52.230 --> 00:19:54.670
because they don't... So I know my generation

00:19:54.670 --> 00:19:56.390
is very nihilistic when it comes to the economy.

00:19:56.670 --> 00:19:59.130
A lot of us assume that, why would I save for

00:19:59.130 --> 00:20:01.069
retirement? I'm going to be dead anyway. Or there's

00:20:01.069 --> 00:20:03.289
going to be nothing for me anyway. I know for

00:20:03.289 --> 00:20:06.109
a fact, I will never get Social Security. I'm

00:20:06.109 --> 00:20:10.150
30 years old. A lot of people are banking on

00:20:10.150 --> 00:20:13.869
some kind of disaster scenario happening so that

00:20:13.869 --> 00:20:17.410
they don't have to worry about it. And I'm kind

00:20:17.410 --> 00:20:19.190
of wondering if that's not going to be a self

00:20:19.190 --> 00:20:22.529
-fulfilling prophecy. That's the problem. It's

00:20:22.529 --> 00:20:24.450
like, again, I'm still putting away money and

00:20:24.450 --> 00:20:27.450
I'm still financially doing well. But the problem

00:20:27.450 --> 00:20:30.009
is for most people my age I know, they couldn't

00:20:30.009 --> 00:20:32.690
give a shit. They're not. Well, think about this,

00:20:32.750 --> 00:20:35.170
right? If Social Security is already insolvent

00:20:35.170 --> 00:20:37.950
as of today, and our government's doing nothing

00:20:37.950 --> 00:20:39.450
to fucking fix it other than spending and printing

00:20:39.450 --> 00:20:42.150
more money it's just not going to exist in another

00:20:42.150 --> 00:20:45.509
40 years it's not so it's like it's clearly not

00:20:45.509 --> 00:20:48.849
my problem you know which is unfortunate because

00:20:48.849 --> 00:20:50.890
then what happens to our kids and grandkids where

00:20:50.890 --> 00:20:53.970
it's like you think we're screwed imagine they're

00:20:53.970 --> 00:20:55.549
gonna have to pay off our debt with triple or

00:20:55.549 --> 00:20:57.950
quadruple the interest or like imagine if god

00:20:57.950 --> 00:21:00.609
forbid the day comes where our payments on our

00:21:00.609 --> 00:21:03.750
interest are more than our gdp it's like we're

00:21:03.750 --> 00:21:08.680
we're done That's it. Wrap it up. Here's the

00:21:08.680 --> 00:21:12.740
country. And we're heading that way. That's the

00:21:12.740 --> 00:21:19.500
problem. Rapidly. Beyond rapidly. Oh, jeez, that's

00:21:19.500 --> 00:21:22.799
a fucking flashbang. If I open the wrong window,

00:21:22.819 --> 00:21:28.799
just... But it is something for people to consider.

00:21:29.039 --> 00:21:34.359
That makes smart moves financially. And, you

00:21:34.359 --> 00:21:36.720
know, diversify, make sure you're, you know,

00:21:36.740 --> 00:21:39.940
well -situated and have your shit together. And

00:21:39.940 --> 00:21:43.460
invest in precious metals, invest in brass and

00:21:43.460 --> 00:21:48.859
lead and lead dispensers and gold and food, ways

00:21:48.859 --> 00:21:52.400
to raise food, learn how to cook a human, you

00:21:52.400 --> 00:21:54.599
know, things like that. Land and people you can

00:21:54.599 --> 00:21:57.400
count on. You know, that's, you got, unfortunately,

00:21:57.480 --> 00:21:58.920
you have to make your own community, people.

00:21:59.519 --> 00:22:01.619
You can't trust the community that's there. I

00:22:01.619 --> 00:22:04.880
hate to say it, but it's the reality. So much

00:22:04.880 --> 00:22:07.880
that's one of the points I did want to bring

00:22:07.880 --> 00:22:10.319
up those when we're talking about the older generation

00:22:10.319 --> 00:22:15.299
not I Want to say like giving over the reins

00:22:15.299 --> 00:22:18.140
or anything handing over the reins but it has

00:22:18.140 --> 00:22:20.160
become such a big point to where I know people

00:22:20.160 --> 00:22:23.460
even other industries where They simply can't

00:22:23.460 --> 00:22:25.539
innovate as a business so they can't change because

00:22:25.539 --> 00:22:29.140
they have Their parents or grandparents that

00:22:29.140 --> 00:22:31.400
still hold on to it that still want the income

00:22:31.400 --> 00:22:33.849
that still need this or that Or then the other

00:22:33.849 --> 00:22:35.890
problem is with the taxes and everything else.

00:22:36.529 --> 00:22:39.690
It's, they can't afford to not have them own

00:22:39.690 --> 00:22:42.049
it because then the tax system gets really fucky

00:22:42.049 --> 00:22:44.029
by trying to have to pay them as an employee

00:22:44.029 --> 00:22:46.609
or doing other stuff. It just, it puts these

00:22:46.609 --> 00:22:48.589
small businesses in a situation to where they

00:22:48.589 --> 00:22:51.089
have almost no choice. They just kind of have

00:22:51.089 --> 00:22:52.970
to deal with it. They're just stuck in limbo.

00:22:53.430 --> 00:22:55.549
They're forever stuck in limbo. And that's not

00:22:55.549 --> 00:22:58.829
fair. That's not right. But a lot of them just

00:22:58.829 --> 00:23:02.789
simply have no choice. And you also have to consider,

00:23:02.869 --> 00:23:06.410
too, the bigger issue is because of inflation

00:23:06.410 --> 00:23:09.309
and everything else, you can't really pay people

00:23:09.309 --> 00:23:11.289
more because you can't necessarily charge more

00:23:11.289 --> 00:23:13.730
for your product because every single company

00:23:13.730 --> 00:23:15.509
is having to try to out -compete these big national

00:23:15.509 --> 00:23:18.410
corporations, or international corporations is

00:23:18.410 --> 00:23:20.210
the problem. At the end of the day, it's like...

00:23:20.210 --> 00:23:23.329
Well, they're mostly competing with China. Yeah,

00:23:23.329 --> 00:23:26.269
and I'm sorry, you can't out -compete slave labor

00:23:26.269 --> 00:23:28.829
when it comes to cost. Nope. The Chinese are

00:23:28.829 --> 00:23:31.299
really good. at slave labor and their children

00:23:31.299 --> 00:23:35.119
like that's that's just their thing so what are

00:23:35.119 --> 00:23:37.160
you going to do how are you going to do it yeah

00:23:37.160 --> 00:23:39.799
again refer to our previous episode about tariffs

00:23:39.799 --> 00:23:42.700
just uh throwing that out there like it just

00:23:42.700 --> 00:23:44.660
becomes a situation where as americans we get

00:23:44.660 --> 00:23:47.599
stuck for trying to do the right thing and unfortunately

00:23:47.599 --> 00:23:49.420
our government really hasn't been helping us

00:23:49.420 --> 00:23:50.720
with trying to do the right thing when it comes

00:23:50.720 --> 00:23:52.079
to our tax laws everything else because there's

00:23:52.079 --> 00:23:53.660
no incentive for us to try to start businesses

00:23:53.660 --> 00:23:55.799
or keep them going so what do a lot of people

00:23:55.799 --> 00:23:58.329
do They sell it off, they cash out, they sell

00:23:58.329 --> 00:24:00.369
it to an investment firm, or they sell off the

00:24:00.369 --> 00:24:02.910
land, sell off the assets, and then that money

00:24:02.910 --> 00:24:06.569
just gets spent into the ether away. That was

00:24:06.569 --> 00:24:09.529
what I wanted to say. Investment firms. They

00:24:09.529 --> 00:24:12.769
should not be allowed to buy American homes.

00:24:13.710 --> 00:24:17.930
Period. Investment firms should not be allowed

00:24:17.930 --> 00:24:20.569
to buy homes that people are supposed to live

00:24:20.569 --> 00:24:23.529
in. I think the rule should be that single -family

00:24:23.529 --> 00:24:26.849
homes have to be bought by single families. That's

00:24:26.849 --> 00:24:31.650
it. Landlords, I understand that. And if they

00:24:31.650 --> 00:24:36.990
want to do that, fine. Cap it. You can own a

00:24:36.990 --> 00:24:41.690
maximum of X amount of properties. And that's

00:24:41.690 --> 00:24:46.250
it. Now, is that interfering with free market?

00:24:46.950 --> 00:24:51.670
A little bit. But it prevents too much landholding

00:24:51.670 --> 00:24:56.089
by too few people. I have no problem with somebody

00:24:56.089 --> 00:24:57.950
if they want their business to be, you know,

00:24:57.950 --> 00:25:01.809
being a landowner, running apartments, running

00:25:01.809 --> 00:25:04.769
stuff like that. The issue is when you buy up

00:25:04.769 --> 00:25:07.089
all the single family homes in an area and then

00:25:07.089 --> 00:25:09.750
de facto basically have a control over the rent

00:25:09.750 --> 00:25:13.349
prices in that area. That's a problem, regardless

00:25:13.349 --> 00:25:16.529
if it's a single person or shell companies or

00:25:16.529 --> 00:25:19.410
different companies or whatever. The issue does

00:25:19.410 --> 00:25:22.250
have to be, I think, for any single company.

00:25:22.960 --> 00:25:25.759
You should not be able to hold more than 30 or

00:25:25.759 --> 00:25:27.880
50 or whatever single family homes past that.

00:25:28.000 --> 00:25:30.640
It must be multiple family, like two to three.

00:25:31.059 --> 00:25:33.380
That way you leave a single family. No, I think

00:25:33.380 --> 00:25:37.400
no companies, period, should be allowed to hold

00:25:37.400 --> 00:25:42.220
the real estate. Individual ownership only capped

00:25:42.220 --> 00:25:44.980
at a certain number. Which I'm fine with. Period.

00:25:46.339 --> 00:25:52.490
That's fine. So this is kind of a tangent. AI

00:25:52.490 --> 00:25:57.150
-backed Cities Skylines 2. They let AI play it.

00:25:57.930 --> 00:26:03.269
They ran a scenario where, and this is, I know

00:26:03.269 --> 00:26:05.450
it's a game, but it was a very realistic situation.

00:26:07.849 --> 00:26:11.450
Corporations were not allowed to own the housing

00:26:11.450 --> 00:26:14.150
properties, like the real estate properties.

00:26:14.349 --> 00:26:16.789
They were allowed to own corporations, industrial,

00:26:16.890 --> 00:26:21.599
all that shit, but no. Real estate for housing.

00:26:21.799 --> 00:26:24.980
Yeah. That housing market, it spiked and then

00:26:24.980 --> 00:26:29.980
came back down and leveled off. Yeah. And it's

00:26:29.980 --> 00:26:33.059
kind of some interesting insight if you kind

00:26:33.059 --> 00:26:35.420
of step out and look at it. And they dove into

00:26:35.420 --> 00:26:37.299
the factors. They looked at the data and everything

00:26:37.299 --> 00:26:40.819
and determined that, yeah, if you get rid of

00:26:40.819 --> 00:26:44.240
the big landlords, housing prices come down.

00:26:45.019 --> 00:26:47.059
Well, it's always supply and demand. And we do

00:26:47.059 --> 00:26:50.069
have a lot of space in this country. Yeah, we

00:26:50.069 --> 00:26:52.890
need to start building a lot more houses. And

00:26:52.890 --> 00:26:55.009
we also have like a four and a half million house

00:26:55.009 --> 00:26:57.509
deficit right now. Yeah. And the sad part is

00:26:57.509 --> 00:26:58.829
of those four and a half million, there's several

00:26:58.829 --> 00:27:01.369
million of them that are just vacant. Because

00:27:01.369 --> 00:27:03.170
these companies only so many houses that they

00:27:03.170 --> 00:27:06.269
can actually take the tax right off. So there's

00:27:06.269 --> 00:27:09.289
a there's a guy that's on. He's on social media.

00:27:09.970 --> 00:27:12.990
Very smart guy. He's been a huge proponent of

00:27:12.990 --> 00:27:17.369
taking a lot of financial wisdom and applying

00:27:17.369 --> 00:27:20.450
it. And vacant houses is one of them. If the

00:27:20.450 --> 00:27:22.950
house is vacant for a year, the holders need

00:27:22.950 --> 00:27:26.150
to start paying property taxes, house taxes,

00:27:26.329 --> 00:27:28.509
and some other things, and start essentially

00:27:28.509 --> 00:27:31.490
funding money back into the market for holding

00:27:31.490 --> 00:27:33.890
vacant houses. So the way I saw it described,

00:27:34.509 --> 00:27:37.410
because I actually saw a very good breakdown

00:27:37.410 --> 00:27:42.390
of this, what you do is for every year that a

00:27:42.390 --> 00:27:47.069
house or a rental property is vacant, They have

00:27:47.069 --> 00:27:49.150
to put in the equivalent amount of rent in funds

00:27:49.150 --> 00:27:52.829
into an account that is national. That's for

00:27:52.829 --> 00:27:55.069
an FHA home loan, the first -time home buyers.

00:27:55.069 --> 00:27:57.089
Yeah, for first -time buyers, yep. So the idea

00:27:57.089 --> 00:27:59.009
is the more of these companies that decide to

00:27:59.009 --> 00:28:01.630
not pay in, then the more first -time home buyers

00:28:01.630 --> 00:28:03.829
that can then buy a house. So either way, it's

00:28:03.829 --> 00:28:07.109
a self -correcting problem. So I don't know,

00:28:07.150 --> 00:28:09.170
because, hey, if you want to own 100 properties

00:28:09.170 --> 00:28:10.829
and have 20 of them vacant for the tax write

00:28:10.829 --> 00:28:13.849
-off, great. Then after the first year of it

00:28:13.849 --> 00:28:16.329
being vacant, you're gonna have to pay the equivalent

00:28:16.329 --> 00:28:19.210
what the state or local government sets that's

00:28:19.210 --> 00:28:21.029
the rent for it you're just gonna have to pay

00:28:21.029 --> 00:28:24.250
it monthly in a tax and it all goes to that fha

00:28:24.250 --> 00:28:26.589
account that when someone goes to buy a house

00:28:26.589 --> 00:28:28.450
they're like hey we brought in this much last

00:28:28.450 --> 00:28:30.829
year and there's this many people applying this

00:28:30.829 --> 00:28:33.069
year so you're like so hey you get 20 grand or

00:28:33.069 --> 00:28:35.890
10 grand or 30 grand or whatever and for a lot

00:28:35.890 --> 00:28:38.609
of people that would make an immense amount of

00:28:38.609 --> 00:28:41.690
difference for a lot of people that could change

00:28:41.690 --> 00:28:43.430
their life for some people to actually be able

00:28:43.430 --> 00:28:46.180
to afford a house That same guy that I was talking

00:28:46.180 --> 00:28:49.720
about was talking about funding FHA programs.

00:28:50.440 --> 00:28:52.279
I know the guy you're talking about. I totally

00:28:52.279 --> 00:28:54.420
forget his name, but I saw him on a couple of

00:28:54.420 --> 00:28:56.339
podcasts mention that, and I was like, hell yeah.

00:28:56.839 --> 00:29:01.000
Yeah, he's somebody that needs a position in

00:29:01.000 --> 00:29:04.359
government and some authority. Well, the idea

00:29:04.359 --> 00:29:06.599
for America is the easiest way to generate wealth

00:29:06.599 --> 00:29:10.099
is through land and through ownership. Yeah,

00:29:10.259 --> 00:29:15.630
look at Ray Kroc. Exactly. look at what we should

00:29:15.630 --> 00:29:17.150
be promoting is the idea of people buying land

00:29:17.150 --> 00:29:19.309
and starting businesses. And as you know from

00:29:19.309 --> 00:29:21.549
the last podcast, I'm huge into both of those.

00:29:22.069 --> 00:29:24.009
It should be the case of, I really feel, to be

00:29:24.009 --> 00:29:26.589
honest with you, we should be reducing a lot

00:29:26.589 --> 00:29:29.509
of our property taxes, income taxes, stuff like

00:29:29.509 --> 00:29:31.410
that, get people to own homes, and then give

00:29:31.410 --> 00:29:33.750
us incentives to start small businesses, which

00:29:33.750 --> 00:29:35.690
I know your state might be doing that, which

00:29:35.690 --> 00:29:38.710
that's a whole different, which I am so jealous.

00:29:39.230 --> 00:29:42.930
I spend over $600 a month. interest property

00:29:42.930 --> 00:29:45.509
taxes. God, that's gross. And you know what's

00:29:45.509 --> 00:29:47.470
crazy? My roads are some of the worst in the

00:29:47.470 --> 00:29:50.490
country. And we have some of the highest taxes

00:29:50.490 --> 00:29:53.769
on roads. It's great. I also have to pay an excise

00:29:53.769 --> 00:29:55.269
tax every year to the state for the privilege

00:29:55.269 --> 00:29:58.150
of having a fucking vehicle. They're like, hey,

00:29:58.210 --> 00:30:00.450
you have a vehicle. You got to pay a tax on that

00:30:00.450 --> 00:30:01.930
just for owning it, even though I already paid

00:30:01.930 --> 00:30:06.859
a sales tax for it. God. It makes me just want.

00:30:06.920 --> 00:30:09.579
You're in the state that started the Revolutionary

00:30:09.579 --> 00:30:12.940
War. That's what pisses me off. I know. They

00:30:12.940 --> 00:30:14.619
need to remind it. I'm sorry. My state's full

00:30:14.619 --> 00:30:15.940
of a bunch of soy boys, I don't have to tell

00:30:15.940 --> 00:30:19.039
you. I'm so done with it. It makes me just want

00:30:19.039 --> 00:30:22.279
to buy a bulldozer and some plates. I already

00:30:22.279 --> 00:30:25.880
got the boulder. Oh. But I do want to mention,

00:30:25.940 --> 00:30:27.779
I think Kiki and Chat made a really good point.

00:30:27.960 --> 00:30:30.740
Or how about full U .S. citizenship if you want

00:30:30.740 --> 00:30:33.009
to buy anything more than one house? I agree

00:30:33.009 --> 00:30:34.809
with that 100%. I feel like if you're not a U

00:30:34.809 --> 00:30:36.230
.S. citizen, you should be able to buy one property.

00:30:36.309 --> 00:30:38.309
That's it. That's your vacation property. Anything

00:30:38.309 --> 00:30:40.569
more than that, you have to be an American citizen.

00:30:41.109 --> 00:30:43.029
Because I'm sorry, the fact that we have hordes

00:30:43.029 --> 00:30:45.269
and hordes of American farmland that was bought

00:30:45.269 --> 00:30:48.089
up by the Chinese is ridiculous. Absolutely not.

00:30:48.289 --> 00:30:52.549
Yeah. Any foreign entities should not be allowed

00:30:52.549 --> 00:30:54.829
to buy that much land. No. Especially near military

00:30:54.829 --> 00:30:59.630
bases. You buy one. Uno. Singular. One. And that's

00:30:59.630 --> 00:31:01.730
your vacation house. And it's taxed as such.

00:31:02.200 --> 00:31:09.720
That's it. Yeah. So something else that we need

00:31:09.720 --> 00:31:13.839
to, we'll steer back on track here. I'm sorry.

00:31:15.180 --> 00:31:19.519
No, you're fine. The American job market as a

00:31:19.519 --> 00:31:23.759
whole is kind of undergoing a significant shift.

00:31:25.079 --> 00:31:28.099
And that really reflects a change in how people

00:31:28.099 --> 00:31:34.880
view careers and work overall. So I know you

00:31:34.880 --> 00:31:39.500
kind of talked about careers and whatnot, but

00:31:39.500 --> 00:31:44.259
a bit of a breakdown that we can discuss. The

00:31:44.259 --> 00:31:46.759
shifting landscape of the career mentality, and

00:31:46.759 --> 00:31:51.559
I know you touched on that, decline of the traditional

00:31:51.559 --> 00:31:57.599
career path. The notion of working for a single

00:31:57.599 --> 00:32:00.680
company for decades, climbing the linear corporate

00:32:00.680 --> 00:32:03.779
ladder, And retiring with a pension, it's less

00:32:03.779 --> 00:32:06.039
prevalent, mostly because pensions just don't

00:32:06.039 --> 00:32:09.099
exist anymore. There are a few companies out

00:32:09.099 --> 00:32:12.980
there. I know Pepsi, Coca -Cola, they still offer

00:32:12.980 --> 00:32:17.500
pensions. I think Ford, Honda, a couple of the

00:32:17.500 --> 00:32:21.079
bigger, you know, ultra huge companies that can

00:32:21.079 --> 00:32:24.559
actually afford it. still have them, but they're

00:32:24.559 --> 00:32:26.460
few and far between. And all those countries,

00:32:26.619 --> 00:32:29.180
sorry, countries, all those companies are on

00:32:29.180 --> 00:32:31.339
the S &P 500 or NASDAQ. All of them are just

00:32:31.339 --> 00:32:34.440
the top 5 to 1 ,000 companies. And even then,

00:32:34.480 --> 00:32:36.900
most of them don't have it. It's literally a

00:32:36.900 --> 00:32:40.059
handful of the top ones, and only because they

00:32:40.059 --> 00:32:42.279
just have such an overwhelming profit margin.

00:32:42.779 --> 00:32:44.700
They're able to issue something that has not

00:32:44.700 --> 00:32:47.599
changed since the 80s. That's the other problem.

00:32:47.680 --> 00:32:49.119
It's not like their pensions now are making people

00:32:49.119 --> 00:32:51.750
millionaires. They're not. No, they're not. They're

00:32:51.750 --> 00:32:54.230
barely outtracking the average 401k. Or they

00:32:54.230 --> 00:32:55.970
should have better 401k contributions. That's

00:32:55.970 --> 00:32:57.690
the other thing. Their pension might be, hey,

00:32:57.710 --> 00:33:01.769
instead of 5%, it's a 10 % match. Yeah, or you

00:33:01.769 --> 00:33:05.329
get a pension in lieu of a 401k match, which

00:33:05.329 --> 00:33:08.369
is something. Or the other ones I saw, too, is

00:33:08.369 --> 00:33:11.089
just stock options. It's like, oh, we do a 401k

00:33:11.089 --> 00:33:14.589
match, 5%, and we give you... The one I saw from

00:33:14.589 --> 00:33:17.809
Coca -Cola was something like... about four thousand

00:33:17.809 --> 00:33:19.430
or three thousand dollars worth of equivalent

00:33:19.430 --> 00:33:21.650
stock or something like that every year depending

00:33:21.650 --> 00:33:23.190
on the amount of hours you worked or something

00:33:23.190 --> 00:33:25.430
else i haven't looked at it a little bit but

00:33:25.430 --> 00:33:27.289
yeah it was something to where like it's nice

00:33:27.289 --> 00:33:31.690
that but that's not breaking the bank that's

00:33:31.690 --> 00:33:34.369
not like wow you know this that's not like how

00:33:34.369 --> 00:33:38.650
it was in the late 90s to the early 2000s where

00:33:38.650 --> 00:33:41.970
you'd work for some it company And somehow make

00:33:41.970 --> 00:33:43.630
a million dollars in four or five years because

00:33:43.630 --> 00:33:44.809
you have all these stock options, everything

00:33:44.809 --> 00:33:46.150
else. Unfortunately, some of these companies

00:33:46.150 --> 00:33:48.730
have already expanded to where they're only going

00:33:48.730 --> 00:33:54.470
to make a few percent. Yeah. Increased job hopping

00:33:54.470 --> 00:33:56.829
has become a thing now. Staying with one employer

00:33:56.829 --> 00:33:59.869
for a long time is no longer the norm. Employees,

00:33:59.869 --> 00:34:02.250
especially the younger generations, looking at

00:34:02.250 --> 00:34:06.049
you, Gen Z, are more open to changing companies

00:34:06.049 --> 00:34:08.670
and roles to gain diverse experiences and potentially

00:34:08.670 --> 00:34:11.670
higher compensation. The younger generation are

00:34:11.670 --> 00:34:14.650
continually chasing the higher paycheck, and

00:34:14.650 --> 00:34:19.489
that is unfortunately the norm. People will just

00:34:19.489 --> 00:34:22.989
job hop to get the next pay raise because raises

00:34:22.989 --> 00:34:26.170
have become so low, or in most cases stagnant,

00:34:26.190 --> 00:34:29.989
that that's how you get a raise. It's the unfortunate

00:34:29.989 --> 00:34:34.090
part of many companies. For some reason, this

00:34:34.090 --> 00:34:37.469
I do not understand. Many companies feel like

00:34:37.469 --> 00:34:40.590
if you want a 5 % or 10 % raise in a year, they'd

00:34:40.590 --> 00:34:42.150
rather you just go and they'd rather train someone

00:34:42.150 --> 00:34:45.409
new. It's going to cost more than that raise

00:34:45.409 --> 00:34:48.409
to replace the employee than it would be to just

00:34:48.409 --> 00:34:50.309
give the raise to the employee. Which is weird.

00:34:50.369 --> 00:34:53.989
I found that a lot of jobs do not value the experience

00:34:53.989 --> 00:34:55.329
you've gained while you're there, but they'll

00:34:55.329 --> 00:34:56.909
pay you for the experience you have before you

00:34:56.909 --> 00:35:00.050
get there. It's weird. It's a weird trade -off.

00:35:00.670 --> 00:35:02.070
That's why there's a lot of people I know. I

00:35:02.070 --> 00:35:03.449
have a buddy of mine who's a chemical engineer.

00:35:03.789 --> 00:35:05.449
Every three years he trades, and he gets like

00:35:05.449 --> 00:35:09.530
a 10 or 20 grand bump every time. I think a lot

00:35:09.530 --> 00:35:11.090
of it has to do with the fact that people don't

00:35:11.090 --> 00:35:14.070
have any negotiation skills. Well, not only that,

00:35:14.269 --> 00:35:17.769
but okay, so here's a big question I have to

00:35:17.769 --> 00:35:19.630
a lot of people. This is something I'd love to

00:35:19.630 --> 00:35:20.909
hear from the audience as well as people understand.

00:35:21.849 --> 00:35:24.489
For your company, if HR are the people that are

00:35:24.489 --> 00:35:26.190
supposed to be in charge of hiring, firing, and

00:35:26.190 --> 00:35:28.750
doing all that, are those people actually held

00:35:28.750 --> 00:35:31.159
responsible for... for actually hiring people

00:35:31.159 --> 00:35:33.420
are they ever fired when they don't find people

00:35:33.420 --> 00:35:35.579
or are they ever held responsible when they have

00:35:35.579 --> 00:35:38.280
failed negotiations the answer usually that 90

00:35:38.280 --> 00:35:41.179
of that is no um they just kind of sit on their

00:35:41.179 --> 00:35:42.800
ass protect the company quite frankly they're

00:35:42.800 --> 00:35:45.940
not there for you they're there for them so it's

00:35:45.940 --> 00:35:48.480
this weird problem of they get they hire people

00:35:48.480 --> 00:35:50.219
when they get around to it if they find the right

00:35:50.219 --> 00:35:53.599
person that accepts the money and then there's

00:35:53.599 --> 00:35:58.360
really no um how should i say punishment if they

00:35:58.360 --> 00:36:03.280
just don't And I can tell you, so from a friend

00:36:03.280 --> 00:36:05.960
of mine that works at a local hospital, they

00:36:05.960 --> 00:36:11.179
were short 12 people in their department. That's

00:36:11.179 --> 00:36:13.760
a lot. Yes, especially in their entire department

00:36:13.760 --> 00:36:19.820
had like 17. Wow. They were short 12. It took

00:36:19.820 --> 00:36:22.780
three months of another person and I applying

00:36:22.780 --> 00:36:24.400
there, because this was back when I was in college,

00:36:24.460 --> 00:36:29.530
applying there, never got a response. Never once,

00:36:29.550 --> 00:36:32.349
myself and another person, and the other person

00:36:32.349 --> 00:36:33.809
I know that was working there was screaming at

00:36:33.809 --> 00:36:35.889
them, hey, we need to hire people. And they were

00:36:35.889 --> 00:36:39.510
like, yeah, but we'll get around to it. There's

00:36:39.510 --> 00:36:42.050
an issue I've seen, and this may be just in my

00:36:42.050 --> 00:36:43.690
experience and something I've heard from a lot

00:36:43.690 --> 00:36:47.050
of people. One, there is no urgency for companies

00:36:47.050 --> 00:36:49.869
to hire because at the end of the day, if the

00:36:49.869 --> 00:36:52.449
job market is bad, people will stay and be overworked

00:36:52.449 --> 00:36:54.679
and they'll just deal with the conditions. And

00:36:54.679 --> 00:36:56.059
these companies know they have the leverage.

00:36:56.219 --> 00:36:57.860
So why would they bother hiring somebody else?

00:36:57.880 --> 00:36:59.099
Until they find somebody that's willing to be

00:36:59.099 --> 00:37:01.719
underpaid and overworked, they don't give a shit.

00:37:02.280 --> 00:37:04.099
And that is the sad part. When it's an employer's

00:37:04.099 --> 00:37:07.519
market like that, they will take full advantage

00:37:07.519 --> 00:37:10.639
of it. Oh, 100%. That's why there's a company

00:37:10.639 --> 00:37:13.079
that I left because, again, with the employer's

00:37:13.079 --> 00:37:15.059
market, I was told one thing when I was hired.

00:37:15.840 --> 00:37:18.559
Then I was told another thing after I started

00:37:18.559 --> 00:37:20.900
there. When it was completely wrong, the pay

00:37:20.900 --> 00:37:22.880
was wrong, the benefits were wrong, the hours

00:37:22.880 --> 00:37:26.030
were wrong. And I didn't really have a choice

00:37:26.030 --> 00:37:27.929
because it's like, well, I got to fucking pay

00:37:27.929 --> 00:37:30.269
the bills and deal with shit. So this is what

00:37:30.269 --> 00:37:34.050
I got to do. And the sad part is up until recently,

00:37:34.070 --> 00:37:38.590
up until about the early to mid 2000s. It had

00:37:38.590 --> 00:37:41.849
always been majority in the favor of the employers,

00:37:41.989 --> 00:37:44.710
aside the employees. Every employer was like,

00:37:44.750 --> 00:37:46.389
we're itching to find people. We need to find

00:37:46.389 --> 00:37:47.670
people. We got to keep growing. I got to keep

00:37:47.670 --> 00:37:49.630
expanding. Got to keep doing more and more and

00:37:49.630 --> 00:37:53.860
more. Well, now we've hit the apex of, hey. taxes

00:37:53.860 --> 00:37:55.719
have made this and expenses have made this so

00:37:55.719 --> 00:37:58.239
your company can't really grow anymore you're

00:37:58.239 --> 00:37:59.940
gonna be lucky to get two percent year over year

00:37:59.940 --> 00:38:01.619
you can't do those twenty percent years anymore

00:38:01.619 --> 00:38:04.019
those ten percent years anymore you're there

00:38:04.019 --> 00:38:06.219
that's as big as you're gonna get and for a lot

00:38:06.219 --> 00:38:08.760
of companies that's where they're at there is

00:38:08.760 --> 00:38:12.039
no room for expansion so without any government

00:38:12.039 --> 00:38:17.579
incentives or really reduces in taxes or with

00:38:17.579 --> 00:38:19.980
the reduction of inflation without any of those

00:38:19.980 --> 00:38:23.730
things happening they are stuck there And I would

00:38:23.730 --> 00:38:25.909
agree with you 100 % on the negotiation part,

00:38:26.070 --> 00:38:27.449
because a lot of people, they can't negotiate

00:38:27.449 --> 00:38:32.070
at all for shit. And second, I hate to say it,

00:38:32.090 --> 00:38:36.809
but it does dive down to a lot of people in the

00:38:36.809 --> 00:38:38.489
younger generation, this is myself included,

00:38:38.650 --> 00:38:42.289
because they've been all over the place. They

00:38:42.289 --> 00:38:46.230
never got proficient at any one thing. It's always

00:38:46.230 --> 00:38:48.750
there. They got good enough. They're passable

00:38:48.750 --> 00:38:52.070
in several things. And for some roles in some

00:38:52.070 --> 00:38:54.889
companies, that's great. That's all you need.

00:38:54.989 --> 00:38:58.030
But in order to be paid good money, you've got

00:38:58.030 --> 00:39:01.230
to be good at a marketable skill. And if you

00:39:01.230 --> 00:39:04.170
are not proficient, not just passable, but proficient

00:39:04.170 --> 00:39:06.690
at something, you're not going to make good money

00:39:06.690 --> 00:39:09.510
at it. And I hate to say it, but the easiest

00:39:09.510 --> 00:39:12.389
way I can think of is how much are you going

00:39:12.389 --> 00:39:13.869
to pay somebody that's a painter if they're just

00:39:13.869 --> 00:39:17.150
doing an okay job? Most people only pay good

00:39:17.150 --> 00:39:20.090
money for beautiful paintings. If you're a beautiful

00:39:20.090 --> 00:39:24.030
painter, they're going to pay you $5. $5, don't

00:39:24.030 --> 00:39:31.050
pay the bills. $5 will make you holler. But that's

00:39:31.050 --> 00:39:33.710
the kind of thing where you have to be good enough

00:39:33.710 --> 00:39:35.929
to be marketable and be able to do more. And

00:39:35.929 --> 00:39:38.210
if you don't push for that, and don't get me

00:39:38.210 --> 00:39:40.389
wrong, it kind of sucks because I'll admit high

00:39:40.389 --> 00:39:41.989
school set a lot of us up for failure and even

00:39:41.989 --> 00:39:43.750
college. They didn't really actually push marketable

00:39:43.750 --> 00:39:45.949
skills or anything else like that. So for a lot

00:39:45.949 --> 00:39:47.980
of these kids, I... My heart goes out to you.

00:39:48.039 --> 00:39:52.559
I get it. I got lucky with the things that I

00:39:52.559 --> 00:39:54.159
had and everything else I had going on, my experiences

00:39:54.159 --> 00:39:57.739
and my stuff, but holy fuck, it's very difficult

00:39:57.739 --> 00:40:01.159
in the way the market is right now. And that's

00:40:01.159 --> 00:40:04.099
why a lot of us parents need to push onto our

00:40:04.099 --> 00:40:08.679
kids self -reliability, skills, marketable skills

00:40:08.679 --> 00:40:15.320
especially. You can't get a degree in gender

00:40:15.320 --> 00:40:18.449
studies of giraffes and expect to come out of

00:40:18.449 --> 00:40:21.710
college and have a marketable skill. It just

00:40:21.710 --> 00:40:24.690
doesn't happen. You've got to go to a school,

00:40:24.869 --> 00:40:27.670
ideally a trade school with the way things are

00:40:27.670 --> 00:40:31.510
going, because I love Mike Rowe and the man pushes

00:40:31.510 --> 00:40:34.809
trade schools left and right because we have

00:40:34.809 --> 00:40:38.650
a massive trade skills deficit in this country.

00:40:38.969 --> 00:40:43.610
We need electricians, plumbers, HVAC techs, welders,

00:40:43.869 --> 00:40:47.199
construction workers even. Oh, yeah. That know

00:40:47.199 --> 00:40:49.119
what the hell they're doing. I mean, have you

00:40:49.119 --> 00:40:51.079
watched the videos of the people doing the home

00:40:51.079 --> 00:40:55.440
inspections? Those are people's homes, and they're

00:40:55.440 --> 00:40:59.840
paying $300 ,000 to $800 ,000 for these new homes

00:40:59.840 --> 00:41:04.920
that are being put together by people, and they

00:41:04.920 --> 00:41:07.699
don't pass the inspections. I can tell you why.

00:41:10.360 --> 00:41:12.599
Lack of enforcement of building code. And I hate

00:41:12.599 --> 00:41:13.780
to be an asshole, and I'm going to have to say

00:41:13.780 --> 00:41:16.300
it. And I might get canceled for saying it, but

00:41:16.300 --> 00:41:18.519
I'm going to fucking say it. Say the shitty thing.

00:41:18.880 --> 00:41:21.739
They're hiring all illegals to do the work. It's

00:41:21.739 --> 00:41:25.579
80 % people that are not American citizens that

00:41:25.579 --> 00:41:27.679
don't speak English. Why? Because most American

00:41:27.679 --> 00:41:29.559
dudes, men and women, don't want to do that kind

00:41:29.559 --> 00:41:32.320
of work. Not only that, but the ones that do,

00:41:32.420 --> 00:41:34.500
they cost too much. Because there's the other

00:41:34.500 --> 00:41:37.579
problem. So it's the issue of it's very difficult

00:41:37.579 --> 00:41:40.019
to start your own construction company. It's

00:41:40.019 --> 00:41:42.059
very difficult to even start many of these trades.

00:41:42.420 --> 00:41:44.949
Here's the other issue. And I got to call out

00:41:44.949 --> 00:41:47.050
some of the people that are already in the trades.

00:41:47.969 --> 00:41:49.710
In order to get started in some of these trades,

00:41:49.829 --> 00:41:52.889
a lot of these people are fucking assholes. And

00:41:52.889 --> 00:41:54.969
I understand, and I don't know if these people

00:41:54.969 --> 00:41:56.789
kind of get where I'm going with this, but if

00:41:56.789 --> 00:41:58.469
you are new in a trade, either an apprentice

00:41:58.469 --> 00:42:00.670
or a rookie, whatever, I understand a little

00:42:00.670 --> 00:42:03.409
bit of hazing I get making fun of people. In

00:42:03.409 --> 00:42:05.150
some of it's been in all male environments that

00:42:05.150 --> 00:42:06.570
used to do construction and commercial kitchen

00:42:06.570 --> 00:42:08.989
installation, we all give each other epic amounts

00:42:08.989 --> 00:42:12.130
of shit. Don't get me wrong. It's part of the

00:42:12.130 --> 00:42:17.610
process. Part of the problem is not teaching.

00:42:18.869 --> 00:42:22.030
Yes. Here's the issue. You cannot be in a construction

00:42:22.030 --> 00:42:24.289
unit or a welder's unit or HVAC unit and say,

00:42:24.369 --> 00:42:27.250
wow, you know, it's weird. We keep hiring all

00:42:27.250 --> 00:42:28.929
these young kids, and if they keep leaving, they

00:42:28.929 --> 00:42:30.230
can't do the work. They're all fucking lazy.

00:42:30.530 --> 00:42:32.250
But the reality of it is they're not teaching

00:42:32.250 --> 00:42:34.590
them anything, and they're only just shitting

00:42:34.590 --> 00:42:36.010
on them their entire fucking day, and they're

00:42:36.010 --> 00:42:37.550
like, wow, I basically go to work to get bullied.

00:42:38.070 --> 00:42:40.250
There's a difference here that I don't think

00:42:40.250 --> 00:42:43.460
people realize. It's one thing. They give each

00:42:43.460 --> 00:42:45.920
other shit and say, oh, nice job, Mike. Fucking

00:42:45.920 --> 00:42:48.599
great job, you idiot. And laugh and say, don't

00:42:48.599 --> 00:42:50.960
worry, we'll figure it out. The problem is there's

00:42:50.960 --> 00:42:53.519
a lot of people that are not leaders, yet they

00:42:53.519 --> 00:42:57.619
wonder why they can't lead a group. So to piggyback

00:42:57.619 --> 00:43:00.860
on the lack of leadership, most companies have

00:43:00.860 --> 00:43:05.380
a lack of training as well. The training programs

00:43:05.380 --> 00:43:08.679
at the companies that I have seen is mediocre

00:43:08.679 --> 00:43:10.860
at best, and I've worked for some really good

00:43:10.860 --> 00:43:14.349
companies. There have been a few like very shining

00:43:14.349 --> 00:43:20.889
pebbles of training all -stars, I'll say. But

00:43:20.889 --> 00:43:22.969
outside of that, it's been, okay, here's the

00:43:22.969 --> 00:43:24.909
manual. Go ahead and read it. And then you're

00:43:24.909 --> 00:43:27.090
trained. You know what's crazy? I have been with

00:43:27.090 --> 00:43:28.530
three different companies before the one I'm

00:43:28.530 --> 00:43:30.170
at. They didn't even have an onboarding process.

00:43:31.329 --> 00:43:34.099
They didn't even know. A lot of places don't.

00:43:34.099 --> 00:43:36.679
They're like, oh, welcome aboard. What are we

00:43:36.679 --> 00:43:39.219
doing here? You'll just figure it out. And then

00:43:39.219 --> 00:43:41.460
they get mad that you don't know how to do things,

00:43:41.559 --> 00:43:43.420
but they've never taught you. There's no structure.

00:43:43.900 --> 00:43:47.380
There's no training. The problem is a lot of

00:43:47.380 --> 00:43:50.579
companies have HR departments, which ideally

00:43:50.579 --> 00:43:53.760
they're supposed to handle this. The onboarding

00:43:53.760 --> 00:43:55.380
and training and everything. And what they don't

00:43:55.380 --> 00:43:58.639
fucking do is handle any of it. All they do is

00:43:58.639 --> 00:44:01.420
say, wow, that's great. We're HR. Bring your

00:44:01.420 --> 00:44:03.599
complaints to us and we're just going to sit

00:44:03.599 --> 00:44:05.739
in our office and I can't finish the rest of

00:44:05.739 --> 00:44:06.940
that sentence because that's not Twitch appropriate.

00:44:07.480 --> 00:44:13.559
But it enrages me beyond because really at the

00:44:13.559 --> 00:44:16.340
end of the day, your boss or your manager, whoever's

00:44:16.340 --> 00:44:19.340
hiring you, it's their job to teach you how to

00:44:19.340 --> 00:44:21.340
do your job. And people might be saying, well,

00:44:21.420 --> 00:44:26.260
you might be hired. And a lot of cases, you get

00:44:26.260 --> 00:44:32.469
one person. in charge of 20, 50, 100 people,

00:44:32.590 --> 00:44:36.590
they cannot be expected to train each and every

00:44:36.590 --> 00:44:40.090
one of them when, let's say, one guy gets 100

00:44:40.090 --> 00:44:42.989
people and there's 10 different departments and

00:44:42.989 --> 00:44:46.010
each department is vastly different. That one

00:44:46.010 --> 00:44:51.489
guy or person cannot be reasonably expected to

00:44:51.489 --> 00:44:55.829
know every position well enough to train, excuse

00:44:55.829 --> 00:44:58.900
me, to the standards. That each position needs

00:44:58.900 --> 00:45:02.559
to be held to. And that's, that's what leads

00:45:02.559 --> 00:45:04.639
are for, but that's also what training programs

00:45:04.639 --> 00:45:07.400
are for precisely. And this is why people leave

00:45:07.400 --> 00:45:10.719
those positions and go and drive for Uber or

00:45:10.719 --> 00:45:15.519
door dash or Uber eats or post baits. They're

00:45:15.519 --> 00:45:17.159
their own boss at that point. And there used

00:45:17.159 --> 00:45:19.159
to be companies where you would actually be hired

00:45:19.159 --> 00:45:22.199
in a position and your job was to train people

00:45:22.199 --> 00:45:25.159
to onboard people. They were dedicated people

00:45:25.159 --> 00:45:27.909
for these jobs. I mean, to give you guys an idea,

00:45:27.989 --> 00:45:29.809
a little bit of background, why this really pisses

00:45:29.809 --> 00:45:32.190
me off. My grandfather was one of the head engineers

00:45:32.190 --> 00:45:34.809
for Xerox. Back when they invented the Xerox

00:45:34.809 --> 00:45:36.289
machine, did the whole printer thing and everything.

00:45:38.010 --> 00:45:40.909
My grandfather, incredibly smart guy. Also incredibly

00:45:40.909 --> 00:45:43.389
on the spectrum, but incredibly smart guy. Love

00:45:43.389 --> 00:45:47.250
him to death. It must be genetic. Very funny.

00:45:49.090 --> 00:45:51.449
Listen, I don't even have a good response for

00:45:51.449 --> 00:45:55.690
that. I know what I am. But the point I'm getting

00:45:55.690 --> 00:45:59.389
at, is with his company they were dedicated people

00:45:59.389 --> 00:46:02.130
in his department but the idea is whenever they

00:46:02.130 --> 00:46:04.750
got new technicians or engineers they would spend

00:46:04.750 --> 00:46:07.969
months with them to train them on their standards

00:46:07.969 --> 00:46:10.289
their process their procedures just to even how

00:46:10.289 --> 00:46:13.250
to do their own paperwork so everything was exactly

00:46:13.250 --> 00:46:15.989
the same they had people dedicated to it that

00:46:15.989 --> 00:46:18.510
got paid good money like damn near six figures

00:46:18.510 --> 00:46:20.389
back in the 90s i couldn't believe it when he

00:46:20.389 --> 00:46:22.909
i spoke about it years ago but that's because

00:46:22.909 --> 00:46:26.039
these companies wanted to make sure That people

00:46:26.039 --> 00:46:28.000
were well trained and that as long as you just

00:46:28.000 --> 00:46:29.960
followed the process and actually put in the

00:46:29.960 --> 00:46:33.139
effort You could do it But unfortunately wonder

00:46:33.139 --> 00:46:34.639
why a lot of the younger generation has burnout

00:46:34.639 --> 00:46:37.880
It's simple you show up to a job You're not trained

00:46:37.880 --> 00:46:39.719
how to do it and then you yelled at for not knowing

00:46:39.719 --> 00:46:41.880
how to do it It's like what do I just come to

00:46:41.880 --> 00:46:43.670
work? Do you fucking yell that? Like, no, if

00:46:43.670 --> 00:46:45.369
I want to be abused, I just go hang out with

00:46:45.369 --> 00:46:47.289
my family. Like, not for nothing. It's just,

00:46:47.349 --> 00:46:50.989
it's not, what are we doing here? You know, I

00:46:50.989 --> 00:46:53.269
just, I know that was a little too close to home,

00:46:53.369 --> 00:46:56.369
but you get my point. Sorry, I'm in a very yelly

00:46:56.369 --> 00:47:01.530
mood today. But I know a lot of people my age

00:47:01.530 --> 00:47:05.730
and younger that feel like this. And unfortunately,

00:47:06.190 --> 00:47:08.389
I hate to be an asshole, but there's a lot of

00:47:08.389 --> 00:47:10.090
people that are in the older age range that run

00:47:10.090 --> 00:47:14.449
these companies. They are not, as involved or

00:47:14.449 --> 00:47:16.929
understanding because as you get old, this happens

00:47:16.929 --> 00:47:18.289
to everybody. This is not just the car older

00:47:18.289 --> 00:47:20.070
generations. Everybody that gets older one day,

00:47:20.090 --> 00:47:22.809
I'll be that fucking asshole. But at some day

00:47:22.809 --> 00:47:24.750
you get old enough to the point to where you're

00:47:24.750 --> 00:47:26.489
too removed from the day -to -day operations

00:47:26.489 --> 00:47:28.789
and expectations and how things are constantly

00:47:28.789 --> 00:47:31.530
evolving and changing in every single business.

00:47:32.210 --> 00:47:34.070
Something is evolving or changing every single

00:47:34.070 --> 00:47:36.769
day. And if you are not keeping track with that,

00:47:36.809 --> 00:47:39.360
you will fall behind. And especially with the

00:47:39.360 --> 00:47:40.880
needs that are changing, with demands that are

00:47:40.880 --> 00:47:43.139
changing, if you're not constantly updating your

00:47:43.139 --> 00:47:46.980
training, your standards, evaluations, if you're

00:47:46.980 --> 00:47:48.800
not looking at these things, you will fall behind.

00:47:48.920 --> 00:47:50.360
And that's why these companies fail. Or better

00:47:50.360 --> 00:47:52.079
yet, that's why they can't find new people. That's

00:47:52.079 --> 00:47:53.699
why they can't hire. Every company that says,

00:47:53.780 --> 00:47:55.880
well, we can't retain or hire people, congrats,

00:47:55.880 --> 00:47:58.940
you are the fucking problem. It's literally you.

00:47:59.400 --> 00:48:01.320
Because I know other people that have family

00:48:01.320 --> 00:48:04.900
companies or local places that, God. They thrive.

00:48:05.949 --> 00:48:08.170
They throw up an ad for somebody to get hired

00:48:08.170 --> 00:48:10.090
within a week. They're like, oh, yeah, we need

00:48:10.090 --> 00:48:11.989
this position. Cool. Look at this. Look at this.

00:48:11.989 --> 00:48:13.550
Look at this. Interview them. Cool. I've had

00:48:13.550 --> 00:48:14.929
companies where it took me months just to get

00:48:14.929 --> 00:48:17.030
an interview. And they were actively looking

00:48:17.030 --> 00:48:18.489
for me like, oh, you're an awesome candidate.

00:48:18.590 --> 00:48:20.369
That's great. Let's do the background check.

00:48:20.550 --> 00:48:23.809
And I'm waiting for two months like, hello. I

00:48:23.809 --> 00:48:26.969
thought you wanted me. Like, what are we supposed

00:48:26.969 --> 00:48:29.769
to do? So sorry for my rant, but like, fuck.

00:48:31.409 --> 00:48:33.650
I know other people agree with me on this, though.

00:48:34.409 --> 00:48:40.150
Oh, a hundred percent. Literally everything you

00:48:40.150 --> 00:48:45.010
said is essentially true. We will all become

00:48:45.010 --> 00:48:47.449
those get off my lawn type people at some point,

00:48:47.510 --> 00:48:54.170
but you have to go through the stages when you're

00:48:54.170 --> 00:48:59.110
not given the tools to do your job. How are you

00:48:59.110 --> 00:49:01.170
supposed to do your job? You can't change a tire

00:49:01.170 --> 00:49:04.760
without the wrenches, right? Yeah. And then if

00:49:04.760 --> 00:49:07.639
you're told to go change a tire, but then you

00:49:07.639 --> 00:49:09.460
don't have the tools to do it, and then someone

00:49:09.460 --> 00:49:12.300
comes out and asks you why it's not done, what

00:49:12.300 --> 00:49:16.940
are you supposed to do? You know? And I do agree.

00:49:17.059 --> 00:49:19.320
We'll just make a point, and I do want to address

00:49:19.320 --> 00:49:22.300
this like two seconds really quickly. We'll give

00:49:22.300 --> 00:49:23.500
the chatmate a point. Don't forget about the

00:49:23.500 --> 00:49:27.500
DEI portion of this. I will tell you my limited

00:49:27.500 --> 00:49:30.659
experience with what I can say. It's sad that

00:49:30.659 --> 00:49:32.340
we have gone away from meritocracy. Thankfully,

00:49:32.420 --> 00:49:34.579
we're going back to that. But hiring people just

00:49:34.579 --> 00:49:37.460
solely based off the color of their skin to add

00:49:37.460 --> 00:49:42.239
diversity does not help. They do not focus on

00:49:42.239 --> 00:49:44.659
diversity of thought or background or education.

00:49:44.800 --> 00:49:46.460
They focus on diversity of skin color, which

00:49:46.460 --> 00:49:48.159
is inherently racist, and I'm just not a fan

00:49:48.159 --> 00:49:49.619
of it. Because at the end of the day, it doesn't

00:49:49.619 --> 00:49:51.619
work. If companies were smart, they'd focus on

00:49:51.619 --> 00:49:54.260
diversity of backgrounds and educations. That

00:49:54.260 --> 00:49:55.980
way you have more to bring to the table, but

00:49:55.980 --> 00:49:57.260
they assume you have more to bring to the table

00:49:57.260 --> 00:49:58.840
because of the color of your skin, which is inherently

00:49:58.840 --> 00:50:02.199
bullshit. So, just because you're a different

00:50:02.199 --> 00:50:03.320
color doesn't mean you grew up any differently.

00:50:05.000 --> 00:50:12.019
Yeah. So, getting a little bit back on track.

00:50:13.980 --> 00:50:17.019
No, you're good. The rants take us down the rabbit

00:50:17.019 --> 00:50:19.400
holes that we need to go down. The rat holes.

00:50:19.679 --> 00:50:26.500
The rabbit holes turn into foxholes. you know

00:50:26.500 --> 00:50:29.360
can we make a shirt out of that i i turned my

00:50:29.360 --> 00:50:31.920
rabbit holes into foxholes it's just it's just

00:50:31.920 --> 00:50:35.619
like it just shows like cnn or msnbc holding

00:50:35.619 --> 00:50:39.300
guns like shooting um like dislikes or something

00:50:39.300 --> 00:50:40.619
like that i don't know that'd be kind of funny

00:50:40.619 --> 00:50:44.260
yes i'll ai that later get anderson cooper out

00:50:44.260 --> 00:50:48.219
there with a a an ar -15 that looks like a dildo

00:50:48.219 --> 00:50:51.500
that has like the big it fires dislikes that's

00:50:51.500 --> 00:50:55.869
all it does yes Erosion of employer loyalty.

00:50:57.010 --> 00:51:00.190
You can no longer expect lifelong employment

00:51:00.190 --> 00:51:02.389
and strong loyalty between employers and employees

00:51:02.389 --> 00:51:06.050
due to factors like mass layoffs, outsourcing,

00:51:06.190 --> 00:51:10.309
and organizational restructuring. Yeah, those

00:51:10.309 --> 00:51:13.989
days are long gone. Getting on with a company

00:51:13.989 --> 00:51:15.670
and working there for 40 years and then getting

00:51:15.670 --> 00:51:17.809
your gold Rolex and riding off to retirement

00:51:17.809 --> 00:51:24.369
does not exist anymore. You jump around, you

00:51:24.369 --> 00:51:26.710
find what works for you, and you stick there

00:51:26.710 --> 00:51:28.630
for a few years, get some resume padding, and

00:51:28.630 --> 00:51:33.750
then you move on. Focus on the flexibility and

00:51:33.750 --> 00:51:37.230
work -life balance. Modern workers, especially

00:51:37.230 --> 00:51:42.050
those under 30, prioritize flexibility, autonomy,

00:51:42.309 --> 00:51:44.530
and a better work -life balance over the security

00:51:44.530 --> 00:51:47.510
of the traditional nine -to -five jobs. Hence

00:51:47.510 --> 00:51:51.389
the rise of the gig economy, like your DoorDash

00:51:51.389 --> 00:51:56.449
drivers, Uber, Uber Eats, Lyft, those types of

00:51:56.449 --> 00:51:58.849
deals because they can work when they choose

00:51:58.849 --> 00:52:01.909
to work. They are their own bosses. They are

00:52:01.909 --> 00:52:03.730
the master of their own domain. They answer to

00:52:03.730 --> 00:52:06.489
no one. I will say when I was doing DoorDash

00:52:06.489 --> 00:52:10.869
for a while, I quite enjoyed it. To be fair,

00:52:11.070 --> 00:52:13.530
I was doing that when we were getting the stimulus

00:52:13.530 --> 00:52:17.869
money and the tips flowed like wine. Something

00:52:17.869 --> 00:52:20.050
to consider, too, is I think a lot of people

00:52:20.050 --> 00:52:22.190
that are younger. I understand that if I work

00:52:22.190 --> 00:52:23.849
a nine to five, I'm barely going to make more

00:52:23.849 --> 00:52:25.050
money, but I have to deal with someone else's

00:52:25.050 --> 00:52:27.050
bullshit. Whereas if I could just do something

00:52:27.050 --> 00:52:29.349
like this, I make a little less money, but I

00:52:29.349 --> 00:52:30.989
work wherever the fuck I want. I could sleep

00:52:30.989 --> 00:52:33.590
in till 11 or noon if I want to and work until

00:52:33.590 --> 00:52:35.869
midnight if I want. So a lot of people complain

00:52:35.869 --> 00:52:37.289
that, oh, the young people don't want to work.

00:52:37.510 --> 00:52:39.610
I tell them that's bullshit. They just don't

00:52:39.610 --> 00:52:45.849
want to work for you. Yes. The growth of the

00:52:45.849 --> 00:52:48.539
independent work. The gig economy, characterized

00:52:48.539 --> 00:52:51.340
by short -term contracts, freelance work, and

00:52:51.340 --> 00:52:53.860
on -demand jobs, has expanded significantly,

00:52:54.179 --> 00:52:57.420
especially due to COVID. A substantial portion

00:52:57.420 --> 00:52:59.760
of the U .S. workforce now engages in gig work

00:52:59.760 --> 00:53:02.519
for various reasons, including flexibility and

00:53:02.519 --> 00:53:05.420
the ability to choose their own projects. I know

00:53:05.420 --> 00:53:10.199
retirees are a huge portion of that. I cannot

00:53:10.199 --> 00:53:12.440
tell you the amount of people that I have had

00:53:12.440 --> 00:53:17.219
when I DoorDash are 60 -plus. That's so sad.

00:53:18.460 --> 00:53:20.139
I know. I hate seeing that. Like, I hate seeing

00:53:20.139 --> 00:53:23.619
older people go to work. Now, I want to say that

00:53:23.619 --> 00:53:25.780
it's sad, but, like, the good in me is, like,

00:53:25.880 --> 00:53:28.420
I really hope that they're just doing it because

00:53:28.420 --> 00:53:32.760
they're bored. Like, I really, really hope that

00:53:32.760 --> 00:53:35.579
that's the case for these people. Yeah, for some

00:53:35.579 --> 00:53:37.559
of them, maybe, but I hate to say it. I doubt

00:53:37.559 --> 00:53:38.960
it. For most of them, I bet you're in necessity.

00:53:38.960 --> 00:53:42.219
It's probably not. I can hope at all that I want,

00:53:42.300 --> 00:53:43.579
but it's probably not. Yeah, because unfortunately

00:53:43.579 --> 00:53:45.639
people have to pay taxes on their social security,

00:53:45.820 --> 00:53:48.039
so therefore they never make that much. That

00:53:48.039 --> 00:53:53.400
has to stop. That has to fucking stop. Technological

00:53:53.400 --> 00:53:56.599
enablement, online platforms, and apps have made

00:53:56.599 --> 00:53:58.639
it easier for individuals to connect with short

00:53:58.639 --> 00:54:01.139
-term work opportunities and for companies to

00:54:01.139 --> 00:54:04.820
hire independent contractors. Again, companies

00:54:04.820 --> 00:54:07.199
like DoorDash can let you be your own employer.

00:54:08.679 --> 00:54:12.000
boss 1099 employee type deal they don't have

00:54:12.000 --> 00:54:13.619
to have an employee workforce they don't have

00:54:13.619 --> 00:54:15.900
to have insurance or anything like that it works

00:54:15.900 --> 00:54:19.599
out for both people the employer and the employee

00:54:19.599 --> 00:54:24.599
so and like you said just finding out when the

00:54:24.599 --> 00:54:27.880
good times to work are in your area when you're

00:54:27.880 --> 00:54:31.260
doing something like doordash uh can be a huge

00:54:31.260 --> 00:54:35.760
benefit if you know that the breakfast and lunch

00:54:35.760 --> 00:54:38.860
rush is great and then it's quiet for six hours

00:54:38.860 --> 00:54:42.500
and then it's banging for like four hours in

00:54:42.500 --> 00:54:46.059
the evening you can split your work day in half

00:54:46.059 --> 00:54:48.760
if that's what you want to do yeah you you can

00:54:48.760 --> 00:54:51.860
work nine to one and then be off for six or seven

00:54:51.860 --> 00:54:56.159
hours and then work you know six to nine and

00:54:56.159 --> 00:54:58.420
then you've got a full day of work in and you've

00:54:58.420 --> 00:55:01.260
been able to do what you need to do and you get

00:55:01.260 --> 00:55:03.380
paid that day that's also a nice thing and also

00:55:03.380 --> 00:55:05.860
consider nowadays unfortunately most companies

00:55:06.510 --> 00:55:08.010
It's very difficult to do anything medically

00:55:08.010 --> 00:55:09.630
or anything else outside of the traditional 9

00:55:09.630 --> 00:55:11.329
-to -5 work week. So then if you work 9 -to -5,

00:55:11.489 --> 00:55:13.610
you then can't do anything with your kids or

00:55:13.610 --> 00:55:15.530
do anything or do anything officially between

00:55:15.530 --> 00:55:17.750
at a bank. Which, by the way, the fact that banks

00:55:17.750 --> 00:55:19.469
are closed Sundays is absolute bullshit. That's

00:55:19.469 --> 00:55:21.710
beside the point. But the fact that so many things

00:55:21.710 --> 00:55:23.289
aren't open on weekends means if you're a regular

00:55:23.289 --> 00:55:27.110
9 -to -5 person like me or you, during the week,

00:55:27.110 --> 00:55:29.010
we can't do shit. And then on the weekend, half

00:55:29.010 --> 00:55:31.269
of everything's closed anyway. So for younger

00:55:31.269 --> 00:55:33.449
people where it's like the money doesn't matter

00:55:33.449 --> 00:55:35.940
as much as the flexibility. I don't blame them

00:55:35.940 --> 00:55:37.420
at all, and especially considering the amount

00:55:37.420 --> 00:55:40.619
of ways you can make things on Etsy or Fiverr

00:55:40.619 --> 00:55:42.679
or even doing internet sponsorships if you have

00:55:42.679 --> 00:55:44.519
any sort of following on TikTok or Instagram

00:55:44.519 --> 00:55:47.760
or social media stuff. You could literally just

00:55:47.760 --> 00:55:52.920
do DoorDash and then do online shit and make

00:55:52.920 --> 00:55:57.300
as much or more. Or like I've been doing with

00:55:57.300 --> 00:56:00.119
Facebook Marketplace and the planners that I've

00:56:00.119 --> 00:56:03.920
been selling. Exactly. I cannot wait to be done

00:56:03.920 --> 00:56:07.469
with these things. You chose to start a small

00:56:07.469 --> 00:56:10.869
business, my man. I know, but I want to make

00:56:10.869 --> 00:56:15.610
other things. Well, start making them. I have

00:56:15.610 --> 00:56:23.530
to get through this season. Let's see. Skills

00:56:23.530 --> 00:56:25.829
-based hiring. The gig economy often emphasizes

00:56:25.829 --> 00:56:29.670
specific skills and project -based work leading

00:56:29.670 --> 00:56:33.230
to a rise in skills -based hiring. Yeah. When

00:56:33.230 --> 00:56:36.340
you take on... 1099 and project based work. If

00:56:36.340 --> 00:56:37.880
you've got one or two things that you're really

00:56:37.880 --> 00:56:40.039
good at, you can go fill roles pretty quick and

00:56:40.039 --> 00:56:42.480
it doesn't have to be a permanent hire. It can

00:56:42.480 --> 00:56:45.440
be a contract deal, six months, eight months,

00:56:45.500 --> 00:56:48.099
whatever you're in, you're out and you're gone.

00:56:48.500 --> 00:56:51.800
And then you're onto the next deal. And a lot

00:56:51.800 --> 00:56:54.139
of people love that kind of work because they

00:56:54.139 --> 00:56:55.920
get a lot of experience, a lot of different places.

00:56:55.960 --> 00:56:58.079
They see new technology, new environments, new

00:56:58.079 --> 00:57:00.619
people. They get a lot of networking done that

00:57:00.619 --> 00:57:03.579
way. And that can lead to a lot of things right

00:57:03.579 --> 00:57:06.480
there. It's literally not what you know. It is

00:57:06.480 --> 00:57:08.539
who you know. The greatest piece of advice I

00:57:08.539 --> 00:57:11.300
can give to anybody that's younger is you don't

00:57:11.300 --> 00:57:12.960
go to college to learn. You go to college to

00:57:12.960 --> 00:57:16.079
network, to learn, and know some different people.

00:57:16.619 --> 00:57:18.739
And also, number two, if you are someone that's

00:57:18.739 --> 00:57:20.599
pleasurable to be around, like you actually have

00:57:20.599 --> 00:57:23.300
a good attitude, you're personable, you're charismatic,

00:57:23.679 --> 00:57:27.619
I'll be honest, do you have any idea how effective

00:57:27.619 --> 00:57:30.079
that is? I was unemployed from my previous job

00:57:30.079 --> 00:57:33.510
for a whole three hours. I was charismatic and

00:57:33.510 --> 00:57:35.909
I was able to call up. I had a person call that

00:57:35.909 --> 00:57:37.289
wanted to hire me before I went to the previous

00:57:37.289 --> 00:57:39.989
dealership. I was like, hey, how you doing? And

00:57:39.989 --> 00:57:42.369
I was still fucking pissed because I was let

00:57:42.369 --> 00:57:45.250
go the Wednesday before Christmas and I was like,

00:57:45.250 --> 00:57:47.730
this fucking sucks because half the service team

00:57:47.730 --> 00:57:49.769
got fired because of quarterly reports because

00:57:49.769 --> 00:57:51.610
that's what happens when you work at a dealership.

00:57:51.730 --> 00:57:54.750
It's all about what the parent company says that

00:57:54.750 --> 00:57:57.230
they sell from. So when they say, hey, sales

00:57:57.230 --> 00:57:58.710
are down, you're going to have to let go of people

00:57:58.710 --> 00:58:00.369
or else we're not going to be able to support

00:58:00.369 --> 00:58:04.280
you. the new guy gets let go it happens but anyways

00:58:04.280 --> 00:58:05.980
i was unemployed for a whole three hours because

00:58:05.980 --> 00:58:08.039
they gave me a call and i was like yeah you know

00:58:08.039 --> 00:58:10.119
this just happened i'd love to meet up and i

00:58:10.119 --> 00:58:12.400
was a big fan of you before i know you weren't

00:58:12.400 --> 00:58:13.880
able to hire me before but i'd love to come and

00:58:13.880 --> 00:58:15.840
talk if you have time today or tomorrow i'd love

00:58:15.840 --> 00:58:18.619
to come and have an interview and lou is like

00:58:18.619 --> 00:58:20.699
yeah just come on down if you happen to be free

00:58:20.699 --> 00:58:22.800
and whatever chat with the guy he's like dude

00:58:22.800 --> 00:58:26.619
you're awesome you're hired and it's the thing

00:58:26.619 --> 00:58:29.880
is if you can stand out on the i mean you're

00:58:29.880 --> 00:58:34.059
on the younger side and just be personable knowledgeable

00:58:34.059 --> 00:58:36.639
and do a little bit of research before you actually

00:58:36.639 --> 00:58:38.340
go in for an interview learn about the company

00:58:38.340 --> 00:58:40.059
learn about what they do learn about some things

00:58:40.059 --> 00:58:43.320
and put in the effort you'll be fine because

00:58:43.320 --> 00:58:45.880
you'll be one of the standout people just don't

00:58:45.880 --> 00:58:48.000
be the young person that shows up that acts like

00:58:48.000 --> 00:58:50.559
they don't give a because then you're gonna look

00:58:50.559 --> 00:58:52.440
like the rest of them and i hate to be like an

00:58:52.440 --> 00:58:55.280
but that is such a prevailing thing that i see

00:58:55.280 --> 00:58:57.920
is they're like well i'll just go get another

00:58:57.920 --> 00:59:01.440
minimum wage job or low -paying job so why bother

00:59:01.440 --> 00:59:03.880
why care i can always just door dash and i'll

00:59:03.880 --> 00:59:06.800
still make about the same and i it sucks they're

00:59:06.800 --> 00:59:11.019
in the situation but they're not wrong yeah so

00:59:11.019 --> 00:59:14.300
a couple things that i want to point out uh i

00:59:14.300 --> 00:59:15.920
i have a bunch of other stats but i feel like

00:59:15.920 --> 00:59:18.059
i'm just kind of being dry and reading on but

00:59:18.059 --> 00:59:21.860
uh the unemployment rate has remained relatively

00:59:21.860 --> 00:59:27.639
low at 4 .2 percent as of march of 2025 uh the

00:59:27.639 --> 00:59:31.039
non -farm payroll or employment increased in

00:59:31.039 --> 00:59:36.340
March by 228 ,000 jobs. So there is some job

00:59:36.340 --> 00:59:40.639
growth and that's non -farm. So unfortunately

00:59:40.639 --> 00:59:43.880
that does include government jobs. However, I

00:59:43.880 --> 00:59:48.119
think with Doge swinging the band hammer, a lot

00:59:48.119 --> 00:59:50.619
of those government jobs are going away. Yes.

00:59:50.639 --> 00:59:53.719
So I don't think that reflects the Doge adjusted.

00:59:54.840 --> 00:59:56.340
workforce numbers. That's something we have to

00:59:56.340 --> 00:59:58.000
get later on when we can actually get more numbers

00:59:58.000 --> 01:00:01.500
from Doge more clearly. Yeah, give it another

01:00:01.500 --> 01:00:05.960
month or so and they'll be out. Oh, yeah. But

01:00:05.960 --> 01:00:09.579
the big job gains did occur in sectors like healthcare,

01:00:09.739 --> 01:00:12.239
social assistance, and transportation, as well

01:00:12.239 --> 01:00:16.079
as warehousing. So there's a big emphasis on

01:00:16.079 --> 01:00:19.139
skilled labor with adaptability in the workforce.

01:00:21.880 --> 01:00:26.369
So to sum up all that, The American job market

01:00:26.369 --> 01:00:28.969
is moving away from the rigid long -term career

01:00:28.969 --> 01:00:32.309
and moving towards a more fluid environment that

01:00:32.309 --> 01:00:35.389
includes a growing gig economy, the resurgence

01:00:35.389 --> 01:00:38.090
of the importance and desirability of the skilled

01:00:38.090 --> 01:00:41.630
trade professions. It's driven by a lot of technological

01:00:41.630 --> 01:00:46.530
advancements, worker preferences, and the evolving

01:00:46.530 --> 01:00:51.570
needs of businesses across the country. Now.

01:00:53.199 --> 01:00:57.019
Here's something that Gibbs and I differ vastly

01:00:57.019 --> 01:01:03.980
on. With the changing job market comes changing

01:01:03.980 --> 01:01:09.300
income and financial stability issues. I think

01:01:09.300 --> 01:01:11.719
I've talked a little bit in previous episodes

01:01:11.719 --> 01:01:17.440
about the possibility of the need for UBI, universal

01:01:17.440 --> 01:01:22.670
basic income. This is a topic that gets... Some

01:01:22.670 --> 01:01:27.789
coverage here and there. When people get into

01:01:27.789 --> 01:01:30.070
debates about this, it can get kind of heated

01:01:30.070 --> 01:01:34.730
because even me being a fairly right -leaning

01:01:34.730 --> 01:01:39.090
libertarian type person, it is an extremely socialist

01:01:39.090 --> 01:01:43.809
perspective because it is a social support construct.

01:01:46.610 --> 01:01:50.690
If some of the ideas that we have put forward

01:01:50.690 --> 01:01:55.179
on this podcast, are followed. The math will

01:01:55.179 --> 01:02:01.139
actually math out. And it is possible. But constraints

01:02:01.139 --> 01:02:05.079
and other devices have to be put in place. So

01:02:05.079 --> 01:02:08.139
yes, it's the age -old adage of, oh, it has to

01:02:08.139 --> 01:02:10.280
be done the right way for this socialism to work.

01:02:10.360 --> 01:02:14.300
Typical communist. Typical communist, yes. I

01:02:14.300 --> 01:02:17.360
am not a communist. I am not a socialist. But

01:02:17.360 --> 01:02:19.920
a lot of other things have to be done correctly.

01:02:20.460 --> 01:02:24.000
for a program like this to be put in place. Do

01:02:24.000 --> 01:02:26.780
I think UBI will ever be a thing? No, I do not.

01:02:27.340 --> 01:02:29.639
Do I think that the government and the other

01:02:29.639 --> 01:02:32.320
entities of the US need to consider something

01:02:32.320 --> 01:02:36.780
that's maybe UBI adjacent? I really do. So maybe

01:02:36.780 --> 01:02:38.820
explain to people in the audience that might

01:02:38.820 --> 01:02:42.619
not know what UBI means. I said universal basic

01:02:42.619 --> 01:02:43.460
income. Oh, okay, I didn't know you said that.

01:02:43.500 --> 01:02:46.300
My bad. Yeah, you weren't paying attention. It's

01:02:46.300 --> 01:02:52.699
cool. With the continuing development of automation,

01:02:53.159 --> 01:03:00.039
robotics, AI, and the shifting workforce, I really,

01:03:00.079 --> 01:03:04.019
really feel that something either UBI or UBI

01:03:04.019 --> 01:03:09.280
adjacent is going to have to be developed at

01:03:09.280 --> 01:03:12.840
some point down the pipeline because people are

01:03:12.840 --> 01:03:16.639
not going to be able to survive on the jobs that

01:03:16.639 --> 01:03:20.320
they're able to ascertain. Within the economy

01:03:20.320 --> 01:03:24.820
that's going to be. On the spectrum in 10, 15

01:03:24.820 --> 01:03:29.500
years. Now, if we're asteroid mining by then.

01:03:30.320 --> 01:03:34.539
That might be a different story. Because I would

01:03:34.539 --> 01:03:38.000
like to be an asteroid miner myself. I would

01:03:38.000 --> 01:03:40.139
also like to be digitally uploaded into a scenario

01:03:40.139 --> 01:03:43.960
where I can be an asteroid miner. Go listen to

01:03:43.960 --> 01:03:49.880
episode two. So the crux of what you're proposing

01:03:49.880 --> 01:03:53.820
is effectively a universal basic income that's

01:03:53.820 --> 01:03:58.679
a standard. That way people's basic necessities

01:03:58.679 --> 01:04:02.940
are paid for. The idea is you have, I'm assuming,

01:04:03.019 --> 01:04:06.639
like a house. You have enough for food and public

01:04:06.639 --> 01:04:08.780
transportation, like the minimal necessities.

01:04:09.780 --> 01:04:12.480
So it's not like, hey, we're going to cover all

01:04:12.480 --> 01:04:16.500
your shit. It's more or less like. $1 ,000, $1

01:04:16.500 --> 01:04:20.639
,500, on the high end, maybe even $2 ,000 per

01:04:20.639 --> 01:04:23.619
person per month. And it's on a sliding adjustment

01:04:23.619 --> 01:04:27.960
scale. And the more that you actually earn, the

01:04:27.960 --> 01:04:31.099
less you get from the UBI. There are things like

01:04:31.099 --> 01:04:34.400
VAT taxes that go into refund this thing. When

01:04:34.400 --> 01:04:36.940
people die, anything in their accounts gets rolled

01:04:36.940 --> 01:04:41.579
back into it. Consumption tax. There are things

01:04:41.579 --> 01:04:44.059
that have to be put back in place. A flat tax

01:04:44.059 --> 01:04:46.619
obviously has to be instituted to make this work,

01:04:46.739 --> 01:04:49.079
as well as the elimination of a lot of other

01:04:49.079 --> 01:04:52.699
current social support programs. If you're doing

01:04:52.699 --> 01:04:55.960
that in lieu of other things, that may be possible.

01:04:57.119 --> 01:05:00.840
But I still think there would have to be a requirement

01:05:00.840 --> 01:05:03.659
that in order for you to receive UBI, you have

01:05:03.659 --> 01:05:09.000
to have a regular job or be on disability or...

01:05:09.400 --> 01:05:11.559
be on social security so the idea is effectively

01:05:11.559 --> 01:05:15.300
your employment status is either you're working

01:05:15.300 --> 01:05:18.320
or you're disabled or you're collecting because

01:05:18.320 --> 01:05:20.920
you're retired yeah because i that's my worry

01:05:20.920 --> 01:05:22.119
is that there's gonna be a lot of people that

01:05:22.119 --> 01:05:24.139
say oh i get two thousand dollars fifteen hundred

01:05:24.139 --> 01:05:26.800
dollars a month i will just van life that and

01:05:26.800 --> 01:05:29.480
just collect it out of a post box that appeal

01:05:29.480 --> 01:05:34.079
box that i have and sure like being a nomad for

01:05:34.079 --> 01:05:36.820
a while is fine but your entire life not contributing

01:05:36.820 --> 01:05:39.820
back into society just being a detriment I feel

01:05:39.820 --> 01:05:41.579
like that would kind of suck because there's

01:05:41.579 --> 01:05:43.260
a lot of people that would just check out, which

01:05:43.260 --> 01:05:44.300
like, don't get me wrong. If that's what you

01:05:44.300 --> 01:05:46.940
want to do, that's your call. But then for how

01:05:46.940 --> 01:05:50.960
long can we subsidize that is the right. Well,

01:05:51.039 --> 01:05:53.820
even, even those people are still going to have

01:05:53.820 --> 01:05:56.940
to eat. They're going to have to buy parts for

01:05:56.940 --> 01:06:00.159
their vans for their van life life. I mean, they're

01:06:00.159 --> 01:06:02.219
still going to recontribute back into the, to

01:06:02.219 --> 01:06:05.099
the program. Now, if they're not working, maybe

01:06:05.099 --> 01:06:10.099
they get less. I don't have all the answers.

01:06:10.179 --> 01:06:14.920
This is not a one -man solution. But it's something

01:06:14.920 --> 01:06:19.019
that could be laid out and then worked out. It's

01:06:19.019 --> 01:06:22.460
something that could work. But it absolutely

01:06:22.460 --> 01:06:25.599
could work. It literally just needs flushed out

01:06:25.599 --> 01:06:31.760
and worked out and looked at. Some of the arguments

01:06:31.760 --> 01:06:34.559
for UBI in the context of the changing job market.

01:06:35.480 --> 01:06:38.360
automation and job displacement. I already mentioned

01:06:38.360 --> 01:06:41.699
some of that. The rise of the gig economy. If

01:06:41.699 --> 01:06:44.099
you've got people who are working as gig workers,

01:06:44.380 --> 01:06:46.659
imagine what an extra grand a month could do

01:06:46.659 --> 01:06:51.019
to help them out. That'd be great for folks like

01:06:51.019 --> 01:06:54.119
that. I mean, if jobs are just not available,

01:06:54.179 --> 01:06:57.920
but you can do gig work, the UBI is to support

01:06:57.920 --> 01:07:03.199
that. Support of entrepreneurship. If you're

01:07:03.199 --> 01:07:07.389
starting a business. You get maybe max UBI for

01:07:07.389 --> 01:07:10.789
X amount of time during the first X amount of

01:07:10.789 --> 01:07:13.530
months during a new business to supplement that.

01:07:14.369 --> 01:07:19.510
Things like that could be done. Improved health

01:07:19.510 --> 01:07:22.670
and well -being. You'll be able to cover and

01:07:22.670 --> 01:07:25.889
afford your doctor visits, paid time off from

01:07:25.889 --> 01:07:28.610
work to attend doctor visits and whatnot, paid

01:07:28.610 --> 01:07:31.409
transportation to the doctor. There are things

01:07:31.409 --> 01:07:32.849
that could be put in place to make sure that

01:07:32.849 --> 01:07:35.659
people are being taken care of. that need to

01:07:35.659 --> 01:07:40.119
be taken care of in that capacity. Valid. Labor

01:07:40.119 --> 01:07:45.079
supply. This is one you were just saying, and

01:07:45.079 --> 01:07:48.000
I'll just read this directly from what I found

01:07:48.000 --> 01:07:50.940
earlier. Critics of UBI often worry that it could

01:07:50.940 --> 01:07:53.760
disincentivize work, leading to a decrease in

01:07:53.760 --> 01:07:57.119
labor supply. Some studies on UBI have shown

01:07:57.119 --> 01:08:00.280
the slight reduction in hours worked, but others

01:08:00.280 --> 01:08:02.599
indicate that recipients largely retain their

01:08:02.599 --> 01:08:05.739
jobs. and may use the income to pursue education

01:08:05.739 --> 01:08:08.820
or better job opportunities. So if they're going

01:08:08.820 --> 01:08:11.300
to work, not have to stress about the bills,

01:08:11.460 --> 01:08:13.559
maybe even go to school while they've got the

01:08:13.559 --> 01:08:17.960
extra money. It does open up avenues. If you

01:08:17.960 --> 01:08:22.720
were working a job and you were getting mid -level

01:08:22.720 --> 01:08:27.000
UBI, and it was like $1 ,200 extra a month, you

01:08:27.000 --> 01:08:29.340
wouldn't have to stress about the bills. You

01:08:29.340 --> 01:08:32.220
could afford to go and do... something with the

01:08:32.220 --> 01:08:37.020
the wife and kids or whatever i mean it it's

01:08:37.020 --> 01:08:39.319
something that could work it's just always the

01:08:39.319 --> 01:08:42.979
catch of making sure that those people that are

01:08:42.979 --> 01:08:45.600
taking the money out but that money is going

01:08:45.600 --> 01:08:49.060
back in to do something of use and that's oh

01:08:49.060 --> 01:08:50.920
yeah leaving the country or it's not doing something

01:08:50.920 --> 01:08:54.000
else i'm not yeah i guess that's my worry with

01:08:54.000 --> 01:08:56.020
it is i never trust the government being in charge

01:08:56.020 --> 01:08:57.520
of running something because every single time

01:08:57.520 --> 01:09:00.000
they run it to the ground And then shit it out

01:09:00.000 --> 01:09:03.939
and then bury it again. So it's the case of if

01:09:03.939 --> 01:09:06.539
it was done for the very limited idea of like,

01:09:06.640 --> 01:09:09.119
hey, you have these very strict criteria where

01:09:09.119 --> 01:09:11.699
you can get it. Otherwise you don't. And that's

01:09:11.699 --> 01:09:16.699
fine. But as long as like it's very well defined,

01:09:16.920 --> 01:09:19.680
I believe is my issue with that, because I would

01:09:19.680 --> 01:09:21.899
agree that for a lot of particularly younger

01:09:21.899 --> 01:09:23.420
people that are trying to get a start in life

01:09:23.420 --> 01:09:25.979
that just simply can't. It would be massive.

01:09:26.560 --> 01:09:28.920
Because here's one thing that I wanted to bring

01:09:28.920 --> 01:09:31.779
up this entire discussion now that we're finally

01:09:31.779 --> 01:09:35.119
here. The biggest thing that would help young

01:09:35.119 --> 01:09:38.979
people do is start families. Have you looked

01:09:38.979 --> 01:09:42.739
at, I want to pull up some data that I saw. Look

01:09:42.739 --> 01:09:45.659
at the cost of daycare. That's discouraging enough.

01:09:45.880 --> 01:09:49.659
Not only that, did you know by almost 20 million

01:09:49.659 --> 01:09:51.460
people, there's more millennials than Gen Z?

01:09:53.899 --> 01:09:56.220
all right we are at the point where it's supposed

01:09:56.220 --> 01:09:59.960
to be a pyramid but right now it's diamond shaped

01:09:59.960 --> 01:10:06.140
it's by almost 20 million if there's like 15

01:10:06.140 --> 01:10:08.380
to 20 million as of the count as i saw from a

01:10:08.380 --> 01:10:12.239
couple of days ago um the problem is we're going

01:10:12.239 --> 01:10:15.539
to have an inverted pyramid at some point where

01:10:15.539 --> 01:10:17.859
the younger generation simply cannot afford to

01:10:17.859 --> 01:10:21.619
have kids and here's the problem we can't just

01:10:22.220 --> 01:10:23.960
have a bunch of immigration have people bring

01:10:23.960 --> 01:10:26.819
kids here because then they don't assimilate

01:10:26.819 --> 01:10:29.000
into the culture into the society and they're

01:10:29.000 --> 01:10:31.699
not invested in the country so the problem you

01:10:31.699 --> 01:10:33.100
have to have is you really have to incentivize

01:10:33.100 --> 01:10:35.819
people that are here to be able to have kids

01:10:35.819 --> 01:10:38.579
and right now gotta start cranking out them babies

01:10:38.579 --> 01:10:41.659
the problem is people are not incentivized to

01:10:41.659 --> 01:10:43.739
do that there's no way like for most young people

01:10:43.739 --> 01:10:46.239
if you're going to spend a couple thousand dollars

01:10:46.239 --> 01:10:49.569
per month per kid on daycare But you need two

01:10:49.569 --> 01:10:51.449
incomes to live. Congratulations. You now can't

01:10:51.449 --> 01:10:53.949
have kids. The math is that simple. There is

01:10:53.949 --> 01:10:57.090
no math in your way out of this problem. And

01:10:57.090 --> 01:11:00.689
for a lot of people, especially nowadays, maybe

01:11:00.689 --> 01:11:02.189
it's just because the area of the country that

01:11:02.189 --> 01:11:03.689
I live in, I know a lot of people that are not

01:11:03.689 --> 01:11:05.010
that close with their family, that aren't that

01:11:05.010 --> 01:11:07.409
close with their parents. I know a lot of people

01:11:07.409 --> 01:11:09.750
that would not send their kids to their parents'

01:11:09.829 --> 01:11:11.590
house to have them watch over them while they

01:11:11.590 --> 01:11:13.789
were at work or their grandparents or whoever.

01:11:14.569 --> 01:11:16.329
For a lot of people I know unfortunately have

01:11:16.329 --> 01:11:18.050
developed a society where you have to be 100

01:11:18.050 --> 01:11:21.869
% self -sufficient Which means if you can't afford

01:11:21.869 --> 01:11:23.750
the daycare yourself, you're just not having

01:11:23.750 --> 01:11:26.289
kids. It's that simple So with something like

01:11:26.289 --> 01:11:28.550
UBI with daycare assistance and other things

01:11:28.550 --> 01:11:32.590
I would agree That would help people start families

01:11:32.590 --> 01:11:35.109
because you always have to have for a society

01:11:35.109 --> 01:11:37.550
to be successful You have to have that pyramid

01:11:37.550 --> 01:11:40.310
structure of the most amount of people are the

01:11:40.310 --> 01:11:42.289
newborn kids, and then you got the other kids

01:11:42.289 --> 01:11:44.449
and the teenagers, then it goes up smaller and

01:11:44.449 --> 01:11:46.890
smaller and smaller. The issue is right now,

01:11:47.010 --> 01:11:52.829
we are projecting for Gen Alpha, they're looking

01:11:52.829 --> 01:11:56.930
at, so if millennials are like 76 million, and

01:11:56.930 --> 01:11:59.329
then you have the Gen Z that are like 55 or 60

01:11:59.329 --> 01:12:01.470
million, what do you think Gen Alpha is going

01:12:01.470 --> 01:12:03.289
to be? Because right now they're projecting about

01:12:03.289 --> 01:12:05.409
35 million. 20 to 30? They're projecting about

01:12:05.409 --> 01:12:08.750
30 to 35. Here's the problem. What happens when

01:12:08.750 --> 01:12:11.869
millennials outnumber Gen Alpha 2 to 1 and they're

01:12:11.869 --> 01:12:14.770
in their 50s or 60s? What happens to retirement?

01:12:15.430 --> 01:12:18.569
What happens to, better yet, any single... It

01:12:18.569 --> 01:12:21.090
collapses. This is the problem I see. This is

01:12:21.090 --> 01:12:22.590
the thing I've wanted to wait until near the

01:12:22.590 --> 01:12:25.909
end to bring up. Any single job that requires

01:12:25.909 --> 01:12:29.850
physical attributes or physical things to do

01:12:29.850 --> 01:12:34.529
will be in the biggest demand possible. You are

01:12:34.529 --> 01:12:37.580
looking at things like any single trade. EMS

01:12:37.580 --> 01:12:41.279
services, police, fire, medical. Any of the things

01:12:41.279 --> 01:12:45.039
that you need on a daily basis to operate, those

01:12:45.039 --> 01:12:47.939
kids that are going to be at half the amount

01:12:47.939 --> 01:12:50.279
means their job is going to pay double as much,

01:12:50.399 --> 01:12:53.100
if not more. They're going to fight for every

01:12:53.100 --> 01:12:55.159
person. So, weirdly enough, all these problems

01:12:55.159 --> 01:12:58.119
we're talking about eventually might self -correct.

01:12:59.119 --> 01:13:02.899
The problem. Might. Do you know what's happening

01:13:02.899 --> 01:13:09.680
in Oklahoma right now? No. So basically, they

01:13:09.680 --> 01:13:11.739
are going to be losing most of their EMS personnel.

01:13:13.939 --> 01:13:17.220
Oh, wow. That's a bad place to have a heart attack.

01:13:17.439 --> 01:13:19.420
So one of the things that's happening is because

01:13:19.420 --> 01:13:22.800
of between the restructuring and the renegotiations

01:13:22.800 --> 01:13:25.180
for contracts and everything else, there are

01:13:25.180 --> 01:13:28.939
so many EMS or emergency personnel that are being

01:13:28.939 --> 01:13:31.399
paid near minimum wage or barely above it, and

01:13:31.399 --> 01:13:34.329
they're not getting inflationary increases. That

01:13:34.329 --> 01:13:36.010
you can literally make more money stocking shelves

01:13:36.010 --> 01:13:38.149
at Walmart at 22 to 23 an hour than you would

01:13:38.149 --> 01:13:44.270
being an EMS. So, what's happening? Wow. I saw

01:13:44.270 --> 01:13:47.310
a statistic, and I do want chat to fact check

01:13:47.310 --> 01:13:52.010
this because I heard it on Thursday. They usually

01:13:52.010 --> 01:13:54.130
get several hundred thousand people involved

01:13:54.130 --> 01:13:58.909
in EMS in Oklahoma. And from what I heard, they

01:13:58.909 --> 01:14:02.130
only had 7 ,000 new applicants. Normally there's...

01:14:02.510 --> 01:14:05.869
tens of thousands if not a hundred thousand they

01:14:05.869 --> 01:14:07.489
are going to be losing people those people are

01:14:07.489 --> 01:14:08.970
going to be dropping like flies but more importantly

01:14:08.970 --> 01:14:14.050
with this inverted chart with this inverted h

01:14:14.050 --> 01:14:16.930
bracket how many ems how many firefighters are

01:14:16.930 --> 01:14:19.529
going to be in their 50s and 60s how is this

01:14:19.529 --> 01:14:22.069
going to work especially with our poison food

01:14:22.069 --> 01:14:24.229
supply and everything else going on with people

01:14:24.229 --> 01:14:26.670
being unhealthy as hell the robots the robots

01:14:26.670 --> 01:14:30.550
are going to save us well elon's robots are going

01:14:30.550 --> 01:14:32.600
to come to the rescue That's going to be the

01:14:32.600 --> 01:14:35.000
only savior. No, you know what? I think this

01:14:35.000 --> 01:14:37.479
might end up, however, self -correcting the problem.

01:14:39.020 --> 01:14:42.100
Because if there's half the amount of people,

01:14:42.180 --> 01:14:49.140
all of a sudden, now the, you know, the, I guess

01:14:49.140 --> 01:14:51.840
the leverage is in back of the hands of the employees.

01:14:52.760 --> 01:14:56.960
Now, all of a sudden, it becomes a market where

01:14:56.960 --> 01:14:58.760
they're striving, they're demanding more people.

01:15:00.140 --> 01:15:02.680
So as long as we're aware that this is the future

01:15:02.680 --> 01:15:06.020
we're going to, understand that eventually there

01:15:06.020 --> 01:15:07.960
will be the inverted triangle and understand

01:15:07.960 --> 01:15:10.359
everybody my age and younger needs to understand.

01:15:10.760 --> 01:15:12.399
The reason why I keep saying you'll never get

01:15:12.399 --> 01:15:14.739
retirement or you'll never get Social Security,

01:15:14.939 --> 01:15:18.020
there won't be enough people to pay for it. You

01:15:18.020 --> 01:15:20.279
could tax every company 100 % and pay for it

01:15:20.279 --> 01:15:22.500
for maybe a year or two. And then now you lose

01:15:22.500 --> 01:15:26.960
everything. So this is why we keep promoting

01:15:26.960 --> 01:15:29.860
these things. I keep talking about this. This

01:15:29.860 --> 01:15:32.800
is something that is, I think a lot of politicians

01:15:32.800 --> 01:15:34.579
are five, 10 years behind the ball on this one.

01:15:36.140 --> 01:15:39.979
There's a reason why Poland in Europe is pushing

01:15:39.979 --> 01:15:43.960
families really hard. There's a reason why they

01:15:43.960 --> 01:15:48.020
pay people every month when they have more children.

01:15:48.779 --> 01:15:51.000
Anything past three or four, even five kids,

01:15:51.079 --> 01:15:52.560
they start paying them monthly. They don't even

01:15:52.560 --> 01:15:56.600
pay taxes. We get the opposite. As Poland sees

01:15:56.600 --> 01:15:58.890
what we're going to be going through. in a few

01:15:58.890 --> 01:16:01.350
decades and i'm not saying poland's perfect they

01:16:01.350 --> 01:16:03.649
have their other issues but at least they understand

01:16:03.649 --> 01:16:07.750
that the country has to beat that basically there's

01:16:07.750 --> 01:16:09.829
like a replacement factor it's like 2 .1 or 2

01:16:09.829 --> 01:16:12.250
.2 or something like that where as long as you

01:16:12.250 --> 01:16:14.789
could beat or exceed that your country can grow

01:16:14.789 --> 01:16:17.949
and be healthy if you don't you're going to have

01:16:17.949 --> 01:16:20.029
the problem that we're going to have which is

01:16:20.029 --> 01:16:21.649
there's going to be a bunch of people your age

01:16:21.649 --> 01:16:24.420
at my age That are gonna be you know waiting

01:16:24.420 --> 01:16:26.659
on the phone for a strong young strapping police

01:16:26.659 --> 01:16:29.819
officer EMS agent one of us breaks our hips And

01:16:29.819 --> 01:16:33.180
we're gonna realize they are one hour 47 minutes

01:16:33.180 --> 01:16:34.720
away because oh, yeah, there's nine in the whole

01:16:34.720 --> 01:16:40.060
state Mm -hmm, and unfortunately it's because

01:16:40.060 --> 01:16:41.680
we made it so expensive for people to have kids

01:16:41.680 --> 01:16:46.439
and have families so You know, hopefully we can

01:16:46.439 --> 01:16:52.659
fix that We do this podcast mostly because we

01:16:52.659 --> 01:16:54.680
love to do it. It's a hobby for us, but we'd

01:16:54.680 --> 01:16:56.640
like to talk about things that don't get enough

01:16:56.640 --> 01:17:00.640
attention in the limelight. It's one of the reasons

01:17:00.640 --> 01:17:04.579
why I personally really wish that people in places

01:17:04.579 --> 01:17:09.800
of power and ability to make changes would listen

01:17:09.800 --> 01:17:13.460
to the show. Will that ever happen? I don't know.

01:17:13.800 --> 01:17:16.920
We can only hope. We just need to go to Truth

01:17:16.920 --> 01:17:18.819
Social and start adding all the politicians.

01:17:21.560 --> 01:17:24.159
Watch this cool podcast. Maybe what we could

01:17:24.159 --> 01:17:27.439
do is maybe we can hire the bot programs you

01:17:27.439 --> 01:17:30.100
can hire. Maybe we'll just use them to start

01:17:30.100 --> 01:17:31.920
standing up podcasts on every single politician

01:17:31.920 --> 01:17:35.659
left and right. I don't care. Ooh, there we go.

01:17:35.819 --> 01:17:39.439
Oh, my God. Can I annoy AOC so much that she

01:17:39.439 --> 01:17:41.720
actually has to shout us out by denouncing us?

01:17:42.060 --> 01:17:45.840
That'd be hilarious. That's awesome. I love it.

01:17:45.899 --> 01:17:52.289
I take it. I don't care. So I've got a lot of

01:17:52.289 --> 01:17:53.989
other points on UBI, but I think we've driven

01:17:53.989 --> 01:17:56.569
the point home. It could work. There are some

01:17:56.569 --> 01:18:01.590
hurdles to overcome it. It needs work. It needs

01:18:01.590 --> 01:18:05.789
flushed out. But, you know, it's something that

01:18:05.789 --> 01:18:08.050
if done correctly, it actually could make a huge

01:18:08.050 --> 01:18:11.550
difference for a lot of people. Of course, upper

01:18:11.550 --> 01:18:15.989
income caps and whatnot, sliding scale, all that

01:18:15.989 --> 01:18:17.569
shit. Especially for people that are retirees

01:18:17.569 --> 01:18:19.979
as well, people that are on disability. People

01:18:19.979 --> 01:18:21.920
that are disabled, they can't work or anything

01:18:21.920 --> 01:18:25.579
else like that, plus other stuff. It really could

01:18:25.579 --> 01:18:30.119
work as long as you kind of rein it in. Absolutely.

01:18:30.539 --> 01:18:31.899
Maybe with all the terrorist stuff and everything

01:18:31.899 --> 01:18:33.539
else, maybe we could do an episode down the road

01:18:33.539 --> 01:18:36.899
of, like we did the last episode, Fix the American

01:18:36.899 --> 01:18:38.960
Economy, but we could throw in UBI and a few

01:18:38.960 --> 01:18:41.680
other things and see how exactly it would work.

01:18:42.859 --> 01:18:45.779
Yeah, I had slated UBI to be its own separate

01:18:45.779 --> 01:18:47.880
episode, but I felt tying it into this episode

01:18:47.880 --> 01:18:50.939
was probably more appropriate. So we'll see what

01:18:50.939 --> 01:18:55.739
develops. But as we had discussed in the previous

01:18:55.739 --> 01:18:59.199
episodes, Doge is doing a lot to cut government

01:18:59.199 --> 01:19:02.699
waste. And honestly, if that mentality is applied

01:19:02.699 --> 01:19:07.260
more going forward in the future, as well as

01:19:07.260 --> 01:19:09.520
the tariffs and some tax policies that have been

01:19:09.520 --> 01:19:12.670
discussed, I know. President Trump just announced

01:19:12.670 --> 01:19:15.829
that there's a possibility that there will be

01:19:15.829 --> 01:19:19.409
zero income tax on people making under, what,

01:19:19.470 --> 01:19:23.430
$150 ,000 or $200 ,000 a year. I mean, come on,

01:19:23.510 --> 01:19:25.350
love them or hate them. That's going to be a

01:19:25.350 --> 01:19:30.430
great thing if it's actually put through. Tax

01:19:30.430 --> 01:19:34.390
policies that need to be adjusted and even policies

01:19:34.390 --> 01:19:37.569
that have been discussed on this show. We are

01:19:37.569 --> 01:19:41.680
literally solving. countrywide issues one episode

01:19:41.680 --> 01:19:44.699
at a time on this podcast, as crazy as it sounds.

01:19:45.060 --> 01:19:48.239
All I'm saying is that if we could get together

01:19:48.239 --> 01:19:51.220
a few other smart people as well and make a think

01:19:51.220 --> 01:19:53.659
tank and just start posting stuff on websites

01:19:53.659 --> 01:19:56.060
and make it seem like we're like this big international

01:19:56.060 --> 01:19:59.119
think tank, I bet you we'd get national publicity.

01:19:59.380 --> 01:20:02.220
I bet you. I'd be able to post links and do stuff

01:20:02.220 --> 01:20:04.260
and also talk about Doge. They're at roughly

01:20:04.260 --> 01:20:10.810
$371 billion, by the way. Oh, wow. What were

01:20:10.810 --> 01:20:14.529
we, since we have the running note list? $371

01:20:14.529 --> 01:20:17.510
billion. And that's recommended savings. What

01:20:17.510 --> 01:20:22.529
were we at? For what? During the last, when we

01:20:22.529 --> 01:20:24.890
did the show. I don't remember. I really don't

01:20:24.890 --> 01:20:28.710
remember what it was at. Oh, I didn't have the

01:20:28.710 --> 01:20:31.609
snippet. I forget. I think there's a screenshot

01:20:31.609 --> 01:20:34.970
of when I, of the U .S. National. Well, the national

01:20:34.970 --> 01:20:37.350
debt during that show when we did the snippet.

01:20:38.010 --> 01:20:43.590
Was 36 trillion, 721 billion, 237 million. What's

01:20:43.590 --> 01:20:46.729
it at now? 36 .783. So it's gone up 50 billion.

01:20:48.210 --> 01:20:49.970
That's actually not bad because that's been a

01:20:49.970 --> 01:20:53.789
couple of weeks. That's sad. That's really sad

01:20:53.789 --> 01:20:55.350
that you've said, oh yeah, it's only got a 50

01:20:55.350 --> 01:20:58.829
billion in a couple of weeks of debt. Yeah. Because

01:20:58.829 --> 01:21:03.029
there was a time where it was going up. Wasn't

01:21:03.029 --> 01:21:04.529
there a few months where it was like a trillion

01:21:04.529 --> 01:21:08.619
every few months? There was a time it was a trillion

01:21:08.619 --> 01:21:17.500
a week. Fucking Christ. Kills me. But we're on

01:21:17.500 --> 01:21:21.380
the right track. They're getting there. But honestly,

01:21:21.520 --> 01:21:23.619
the fact that Doge is able to save us enough

01:21:23.619 --> 01:21:30.159
for a small European nation. That says something.

01:21:30.180 --> 01:21:33.680
Again, you do not have to like the people that

01:21:33.680 --> 01:21:36.659
are in charge of the place. to approve of the

01:21:36.659 --> 01:21:39.079
job that they are doing are they going about

01:21:39.079 --> 01:21:44.159
the right way maybe not but the outcome is still

01:21:44.159 --> 01:21:48.180
a good thing will some things need to be adjusted

01:21:48.180 --> 01:21:50.520
after it's all said and done probably people

01:21:50.520 --> 01:21:52.560
forget Elon Musk isn't firing people he's just

01:21:52.560 --> 01:21:54.939
making recommendations with his with the people

01:21:54.939 --> 01:21:57.180
he's with and by the way he is going to be stepping

01:21:57.180 --> 01:21:58.899
away from that in the coming months because as

01:21:58.899 --> 01:22:01.739
a um not like a government it was a temporary

01:22:01.739 --> 01:22:03.060
position you can only work i think it's like

01:22:03.060 --> 01:22:07.520
130 days So he's already been working almost

01:22:07.520 --> 01:22:09.600
every day since Trump was inaugurated. So he

01:22:09.600 --> 01:22:13.140
literally has like 30 or 40 days left. So he

01:22:13.140 --> 01:22:15.340
will be stepping away. And then I think all that

01:22:15.340 --> 01:22:17.859
hate is just going to magically disappear. Because

01:22:17.859 --> 01:22:22.680
it's not Elon. No. Well, people have short memories.

01:22:24.020 --> 01:22:35.819
Give it a year. We'll see. Yeah. But yeah. Yeah,

01:22:35.859 --> 01:22:39.939
so how are the clips coming along? You promised

01:22:39.939 --> 01:22:42.239
the last show we would have clips last week.

01:22:42.239 --> 01:22:45.239
I don't like you holding me accountable. Where

01:22:45.239 --> 01:22:47.239
are my clips, Gibbs? Where are the clips, Mansley?

01:22:49.060 --> 01:22:51.340
Oh, by the way, Mansley is what I'm calling the

01:22:51.340 --> 01:22:57.199
guy on our cover art. I like it. Mansley the

01:22:57.199 --> 01:23:01.119
mascot. I'm like, all right, all right. Are we

01:23:01.119 --> 01:23:02.819
going to be like Iron Maiden? Iron Maiden has

01:23:02.819 --> 01:23:04.659
their big mascot, so we're going to have a mascot?

01:23:06.140 --> 01:23:10.560
Probably. Mansley's going to be our archangel

01:23:10.560 --> 01:23:16.720
of the apocalypse? Archangel? I couldn't English

01:23:16.720 --> 01:23:21.920
that. I don't know. I can't. Words are difficult.

01:23:22.220 --> 01:23:26.439
So just a few bits of housekeeping. We now have

01:23:26.439 --> 01:23:29.880
an open, operating, functional Facebook group.

01:23:31.860 --> 01:23:36.640
It is called the Now We Consume Podcast Fans.

01:23:38.279 --> 01:23:42.600
The link will be going out after the show, so

01:23:42.600 --> 01:23:45.979
you can look for that. If you look at any of

01:23:45.979 --> 01:23:48.739
our posts, the link will be there. You're welcome

01:23:48.739 --> 01:23:52.000
to join. We'll see what kind of shenanigans we

01:23:52.000 --> 01:23:56.460
can get into there. Probably just try to have

01:23:56.460 --> 01:23:59.890
some people come in. Share the show there. Post

01:23:59.890 --> 01:24:03.430
some memes, post some fun stuff, interact. Yeah,

01:24:03.489 --> 01:24:06.829
just, you know, nothing too horrible. No, no,

01:24:06.829 --> 01:24:09.689
no. Dark humor is great, but, you know, we'll

01:24:09.689 --> 01:24:13.710
try to keep it reasonable. Put it this way. If

01:24:13.710 --> 01:24:15.189
you don't want your employer to see it, probably

01:24:15.189 --> 01:24:17.930
don't post it there. It's Facebook. Let's be

01:24:17.930 --> 01:24:25.029
real. I mean, it's a closed group, so, you know,

01:24:25.050 --> 01:24:28.319
we can be a little loose and wild, but. Still,

01:24:28.319 --> 01:24:31.420
if there's a chance that. Please don't break

01:24:31.420 --> 01:24:34.020
any local or federal laws, please. That's not.

01:24:34.539 --> 01:24:38.619
Yes. No, I will throw you under the bus if you

01:24:38.619 --> 01:24:40.720
break a federal law. I have no qualms about that.

01:24:42.079 --> 01:24:46.800
Yes. I started trying out the laser with some

01:24:46.800 --> 01:24:51.460
potential merch ideas. I have a metal business

01:24:51.460 --> 01:24:54.619
card that's got the noodles and dips on it. And

01:24:54.619 --> 01:24:57.119
it's got a QR code that takes you to the YouTube

01:24:57.119 --> 01:25:00.840
page. It actually works. I posted that in the

01:25:00.840 --> 01:25:03.699
Discord, and it's actually pretty awesome. I'm

01:25:03.699 --> 01:25:07.020
pretty impressed with it. I was very impressed

01:25:07.020 --> 01:25:09.199
with it. I will pay you for a metal business

01:25:09.199 --> 01:25:14.899
card. Okay. I will mushroom stamp it just for

01:25:14.899 --> 01:25:21.399
you. I will say that the smell of laser -oblated

01:25:21.399 --> 01:25:25.539
spray paint is wonderful. It gave me all kinds

01:25:25.539 --> 01:25:30.039
of wonderful brain things. Ah, yes, the brain

01:25:30.039 --> 01:25:34.060
tinglys. The brain tinglys. Ah, yes, the static

01:25:34.060 --> 01:25:39.640
in my mind. It is now tension. Yes. I got some

01:25:39.640 --> 01:25:42.180
leather keychains as well that I'm going to try

01:25:42.180 --> 01:25:46.340
out. So if literally if anybody is interested

01:25:46.340 --> 01:25:49.239
in anything that, you know, we can put up as

01:25:49.239 --> 01:25:53.279
something that you might want to. have around.

01:25:53.960 --> 01:25:58.180
I'm taking suggestions. Eventually I do want

01:25:58.180 --> 01:25:59.880
to do the merch stuff and get a few things organized.

01:26:01.279 --> 01:26:04.420
I will finally get paid this week so I can start

01:26:04.420 --> 01:26:08.079
doing the AI stuff here. I'm very excited for

01:26:08.079 --> 01:26:12.060
it Wednesday. I get paid. Honestly, I'm just

01:26:12.060 --> 01:26:17.039
going to use the AI thing. That's fine. You promised

01:26:17.039 --> 01:26:23.560
us clips. I know. I didn't get paid. I'll fund

01:26:23.560 --> 01:26:28.659
it. You can pay me back or pay half. So the thing

01:26:28.659 --> 01:26:31.399
is, I was supposed to have my 30 -day review

01:26:31.399 --> 01:26:35.000
three months ago and my 90 -day review back on

01:26:35.000 --> 01:26:37.300
the 9th of this month and it is now the 28th.

01:26:38.060 --> 01:26:40.159
So I kind of was like, hey, when are we having

01:26:40.159 --> 01:26:42.539
that? It was supposed to be last Friday. And

01:26:42.539 --> 01:26:44.539
then it didn't happen and it was supposed to

01:26:44.539 --> 01:26:47.100
be this last Friday. And then it didn't happen.

01:26:47.159 --> 01:26:49.039
Just ask him if the 30 day review is still happening

01:26:49.039 --> 01:26:51.380
today. That'll, that'll jar. It didn't happen.

01:26:51.460 --> 01:26:53.739
So I kind of said, Hey, it's happening tomorrow.

01:26:53.840 --> 01:26:56.159
Right. And he said, yeah. So either it happens

01:26:56.159 --> 01:26:59.920
tomorrow or I, I don't know what I'm going to

01:26:59.920 --> 01:27:04.140
do at that point. So you just type up the paperwork

01:27:04.140 --> 01:27:06.840
with your own raise and submit it to him for

01:27:06.840 --> 01:27:10.359
signature. And then to HR, he is HR. It's a small

01:27:10.359 --> 01:27:15.520
company. Well, there you go. There you go. But,

01:27:15.539 --> 01:27:19.159
yeah, so possible merchant stuff, the Facebook

01:27:19.159 --> 01:27:22.840
group. Find the Discord. The Discord link will

01:27:22.840 --> 01:27:25.699
be in the episode notes, or description, rather,

01:27:25.779 --> 01:27:30.600
with all the episodes now. In the past, going

01:27:30.600 --> 01:27:34.699
forward, it'll be there. So find us, join us,

01:27:34.720 --> 01:27:39.520
be one of us. Love the noodle. Love the noodle.

01:27:40.680 --> 01:27:48.770
Rock that show. A little personal. But yeah,

01:27:48.890 --> 01:27:52.109
I think that's pretty much it. Yeah. Hit up the

01:27:52.109 --> 01:27:56.689
socials. Do all the things and join us next week.

01:27:56.689 --> 01:27:58.710
Thank you for listening to us rant for a little

01:27:58.710 --> 01:28:04.350
bit. We appreciate it. Yes. Two fat guys ranting

01:28:04.350 --> 01:28:06.569
about life. I know. It's great. We should really

01:28:06.569 --> 01:28:10.710
rant about pizza one of these days. A food episode.

01:28:11.229 --> 01:28:14.779
An episode that Our food is killing us. Oh, yeah,

01:28:14.819 --> 01:28:17.260
that's on our list. That is on the block. That's

01:28:17.260 --> 01:28:19.380
on our list. Well, now that I do want to mention

01:28:19.380 --> 01:28:22.859
really quickly, because I know... Fuck, what's

01:28:22.859 --> 01:28:28.140
his name? Ah, thank you. Jesus Christ, I'm losing

01:28:28.140 --> 01:28:31.699
my mind. His nickname is Brain Worm, so just,

01:28:31.840 --> 01:28:33.640
you know. RFK just talked about they're going

01:28:33.640 --> 01:28:36.239
to be making a bunch of the dyes illegal in the

01:28:36.239 --> 01:28:40.000
U .S. Yeah, they've already started changing

01:28:40.000 --> 01:28:42.100
the names of the dyes to try to get around it.

01:28:44.480 --> 01:28:49.000
Yeah. Fun, fun times. I'm sorry. Just, yep. I'm

01:28:49.000 --> 01:28:53.159
so sick of it. Yep. Yeah. We'll definitely have

01:28:53.159 --> 01:28:58.340
to drop seven. Yes. So, all right. You guys,

01:28:58.340 --> 01:29:00.979
uh, thank you for joining us. Have a great night.

01:29:01.319 --> 01:29:04.579
We love you. And, uh, we'll catch you next time.