Latest / The Bill Handel Show / ‘Tech Tuesday’ with Rich DeMuro | College Degree Regrets

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‘Tech Tuesday’ with Rich DeMuro | College Degree Regrets · The Bill Handel Show

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  Speaker 1: You're listenings kf I AM six forty the Bill Handles
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  Speaker 1: show on demand on the iHeartRadio app.
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  Speaker 2: KFI DM six forty.
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  Speaker 3: Tuesday morning, June second Primary Day, Primary Election Day tomorrow,
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  Speaker 3: we'll talk about who won, who lost, and what all
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  Speaker 3: of it means. In the meantime, since it is a Tuesday,
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  Speaker 3: it is time for our Tech segment with Rich Demurrow.
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  Speaker 3: Rich here on KFI Saturdays eleven to two pm KTLA
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  Speaker 3: TV every day at Rich on Tech on All the
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  Speaker 3: Socials website, Rich on tech Dot TV.
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  Speaker 4: Morning Rich, Good morning to you, Bill.
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  Speaker 3: Okay, a lot of stuff going on. Amazon Prime Day
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  Speaker 3: is coming up and is moving up, and is it
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  Speaker 3: Do we have Prime month yet or Prime Year yet?
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  Speaker 4: I mean, if you have an Amazon membership like I do,
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  Speaker 4: I think it gets Prime Day every day in my house.
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  Speaker 4: But you know it's expanding now. So this is the
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  Speaker 4: latest Prime Day. Usually they do Prime Day. I think
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  Speaker 4: it's about twice a year at this point, but it
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  Speaker 4: keeps expanding. It just keeps getting to be more days.
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  Speaker 4: So now Prime Day for the summer typically it's in July.
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  Speaker 4: They have moved it up, so it is coming at
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  Speaker 4: the end of this month. June twenty third through June
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  Speaker 4: twenty sixth, and so that is the dates. It's a
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  Speaker 4: little bit longer and a little bit earlier than before.
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  Speaker 4: And of course you know Amazon promising the world as
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  Speaker 4: they typically do. But there are some things to know
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  Speaker 4: this year that are different than previous years. First off,
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  Speaker 4: my advice is always to start putting stuff in your
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  Speaker 4: cart now or and you're saved for later, because they
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  Speaker 4: will mark anything that's discounted with a big red banner
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  Speaker 4: or some sort of banner that lets you know that
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  Speaker 4: the price is dropped. The other thing is that they
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  Speaker 4: recently changed the name of their AI assistant. It used
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  Speaker 4: to be called Rufus. Now it's called Alexa for shopping,
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  Speaker 4: and if you tap that, you can actually get a
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  Speaker 4: one year history now of product pricing. So it used
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  Speaker 4: to be limited to thirty or ninety days. Now you
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  Speaker 4: can see a full year of pricing history, so you
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  Speaker 4: can tell if something's an actual deal or not.
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  Speaker 2: Rufous isn't that your cellmate? I thought it was.
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  Speaker 4: It sounded more like the name of a dog, but.
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  Speaker 2: Yeah, that also works too.
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  Speaker 3: Hey. In terms of prime day, it used to be
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  Speaker 3: one day, and of course now it is several days,
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  Speaker 3: and is the deal? Is Prime Day really Prime Day
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  Speaker 3: with the deals explode on you?
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  Speaker 4: I mean, here's the thing. So yeah, Prime Day started
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  Speaker 4: in July fifteenth, twenty fifteen. That was the first one,
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  Speaker 4: so we are well past ten years of Prime Day.
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  Speaker 4: I would say this. My feeling on Prime Day is
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  Speaker 4: that every it's an opportunity. So every company that does
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  Speaker 4: business on Amazon, they know that people are going to
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  Speaker 4: be shopping with their wallets open, ready to spend cash.
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  Speaker 4: And so what does that mean. It means if I'm
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  Speaker 4: selling something, I'm going to put it on sale at
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  Speaker 4: a discount because I know people have been watching the
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  Speaker 4: price or they're just ready to buy. And so as
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  Speaker 4: a tech reporter, I get all the emails from the
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  Speaker 4: companies that are saying, hey, here's our Prime Day deals,
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  Speaker 4: Like we are doing a deal, whether it's ten percent,
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  Speaker 4: twenty percent, sixty percent. You know, every company is different,
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  Speaker 4: but there are definitely deals to be to be gotten
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  Speaker 4: on this day. I think it all comes down to
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  Speaker 4: you know, it's like anything else. You go into Costco
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  Speaker 4: for one thing, you know, paper towels and water that
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  Speaker 4: are cheap, and you come out with twenty five other
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  Speaker 4: things because you walk past them and you go ooh ah,
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  Speaker 4: this looks great, and of course now they've done their job.
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  Speaker 1: Yeah.
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  Speaker 3: One of the stories, and I haven't to know some
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  Speaker 3: companies that do this, is they're bailing out of Amazon
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  Speaker 3: because Amazon number one takes a huge percentage of the sale,
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  Speaker 3: and these companies are simply not making any money.
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  Speaker 2: We're very little. All the money goes to Amazon.
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  Speaker 3: But I'm assuming it simply has to be that they
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  Speaker 3: just want market share and they're willing to make no
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  Speaker 3: money to get more people out there knowing their brand.
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  Speaker 2: Is that true?
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  Speaker 4: I think I've not heard a trend of companies in
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  Speaker 4: a big way ditching Amazon, but I understand why they would.
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  Speaker 4: But it's really tough because Amazon is one of those
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  Speaker 4: places like Google and now you know Chat GBT where
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  Speaker 4: you go there first to search. So if you're looking
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  Speaker 4: for something, if you're a Prime member, you know you're
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  Speaker 4: going to fire up Amazon first before going to say
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  Speaker 4: a Google. Now, I do think there is a trend
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  Speaker 4: where AI is recommending products to people in a big way,
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  Speaker 4: and so there is much more of an opportunity for
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  Speaker 4: a business to be direct to consumer where they say, look,
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  Speaker 4: we're just going to sell stuff through our own website,
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  Speaker 4: and I did that. The other day. I was I
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  Speaker 4: was buying a pair of sneakers, and you know, the
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  Speaker 4: Nike sneakers were not really sold on Amazon. All the brands,
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  Speaker 4: a lot of them were not sold on Amazon, and
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  Speaker 4: so I had to literally sign up for a separate
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  Speaker 4: account to buy these sneakers from Nike specifically.
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  Speaker 2: And it pained me.
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  Speaker 4: To do that because Amazon takes about two clicks to
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  Speaker 4: buy something. This took way longer for me to put
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  Speaker 4: all my information in there and to purchase it. And
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  Speaker 4: I have no idea what the return policy is going
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  Speaker 4: to be like if I have to exchange these things.
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  Speaker 4: Amazon makes all of that much much easier, which is
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  Speaker 4: why people favor them.
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  Speaker 3: Yeah, that makes it especially if you're a Prime member
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  Speaker 3: and use the return policy a lot, which I do
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  Speaker 3: at my house. Yes, I happen to have someone here
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  Speaker 3: who is telling me every minute, excuse me, every minute?
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  Speaker 3: Oh here, Yeah, take these boxes over to ups because
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  Speaker 3: that's where the exchange takes place. Rich Google has a
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  Speaker 3: new fit Bit Air and I am at this point
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  Speaker 3: looking at my Apple Watch and it is super expensive
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  Speaker 3: and I use about two percent of what it does,
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  Speaker 3: so at least there is something at about third the
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  Speaker 3: price that does things that I will never do and
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  Speaker 3: most people will never use. Why don't we talk about it?
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  Speaker 4: Yeah, this is the Google fitbit air Now, Bill, tell
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  Speaker 4: me with your watch, have you taken a dive into
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  Speaker 4: the stats that's collecting, like all the fitness stats. Have
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  Speaker 4: you looked at that in the health app?
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  Speaker 2: Yeah?
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  Speaker 3: What I do is I look at my heart rate,
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  Speaker 3: which is really important and I know I can replace
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  Speaker 3: that with a three dollars piece of equipment. I look
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  Speaker 3: at how long I am exercising, yep, how many calories
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  Speaker 3: I burn? And that's basically it mainly for heart rate,
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  Speaker 3: and also when I take a dive, if I fall
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  Speaker 3: down and I can't get up, it's it tells me
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  Speaker 3: to call nine one one, as if I don't know
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  Speaker 3: to call nine one one, I don't know if it
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  Speaker 3: actually calls nine one one for me?
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  Speaker 2: Does it it will?
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  Speaker 4: You know, it will eventually call yes, And it's actually
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  Speaker 4: I get a lot of stories from people that have
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  Speaker 4: you know, it's it's made a big difference, and I
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  Speaker 4: think that's a great feature. And those are all like
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  Speaker 4: very basic things, but like they're all very helpful things.
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  Speaker 4: That you mentioned. So you know, the smart watch I
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  Speaker 4: think is really great. There's a couple issues with it.
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  Speaker 4: Number one, not everyone wants one. You know, there's more
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  Speaker 4: distractions on your wrist. It's collecting information, all that good stuff.
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  Speaker 4: It's got a screen. It's not the easiest thing to
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  Speaker 4: wear to bed because it's bulky, and so I think Google,
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  Speaker 4: with all of those issues, came up with this thing
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  Speaker 4: called the fibit Air. This is a one hundred dollars
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  Speaker 4: screen free, ultra lightweight health band. So you put it
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  Speaker 4: on your wrist, you kind of forget about it. And
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  Speaker 4: it's only one hundred dollars, so there's no notifications. But
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  Speaker 4: it does have this feature called a silent smart alarm,
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  Speaker 4: which I actually love during testing because it wakes you
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  Speaker 4: up at the optimal time. So you say, hey, I
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  Speaker 4: want to wake up at six am, but wake me
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  Speaker 4: up when my body says I'm ready, and so it
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  Speaker 4: gives you a window between five point thirty and six
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  Speaker 4: where it will wake you up, which I thought was
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  Speaker 4: really cool. Battery last forever. You can take this thing
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  Speaker 4: in the pool and the shower, whatever, take it on
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  Speaker 4: runs so it tracks everything you need and the neat
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  Speaker 4: thing is. It puts it all in this Google Health
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  Speaker 4: app that slices and dices your information. So, like you mentioned,
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  Speaker 4: you look at all these things like your heart rate
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  Speaker 4: and this, and that, the Google app takes it. It's
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  Speaker 4: called the Google Health App. It's a new app they
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  Speaker 4: just came out with. It takes everything a step further.
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  Speaker 4: It uses AI to actively analyze all of the stats
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  Speaker 4: that these things are collecting, and so you get really
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  Speaker 4: good insights about how you worked out your recovery, how
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  Speaker 4: your body's doing, I mean everything. And I think that's
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  Speaker 4: going to be the future of these smart devices because
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  Speaker 4: instead of just collecting the data, it's kind of giving
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  Speaker 4: us the insights in to that data.
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  Speaker 3: Yeah, but it's on your phone, right, that's the problem
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  Speaker 3: I'm assuming this is. You know, for example, mine has
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  Speaker 3: the screen, and for example, it tells me that I
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  Speaker 3: am exercising it too.
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  Speaker 2: High a heart rate.
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  Speaker 3: It tells me a couple of things like I've not
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  Speaker 3: spent enough time sitting on the couch and eating and
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  Speaker 3: watching TV.
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  Speaker 2: It tells me going ahead, like I set up Oh yeah,
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  Speaker 2: very smart.
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  Speaker 4: Yeah, and that one of the downsides. Yeah, no, go ahead,
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  Speaker 4: I was gonna say, you know, that's One of the
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  Speaker 4: downsides of the fit of airs that there is no screen.
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  Speaker 4: So in my testing I found a because I've worn
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  Speaker 4: a smart watch since day one when the Apple Watch
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  Speaker 4: came out, but I found that I kept looking at
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  Speaker 4: my wrist over and over throughout the day looking for
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  Speaker 4: the time. And also when I'm on a run, I
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  Speaker 4: like to run, and so I like to see what
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  Speaker 4: my stats are on my wrist, like how long, I mean,
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  Speaker 4: how long have I been running? So if I want
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  Speaker 4: to take a half an hour run, I might want
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  Speaker 4: to turn around at fifteen minutes. I couldn't do that
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  Speaker 4: with this. So there are some downsides, but I think
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  Speaker 4: what the fitbit air is really good for is someone
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  Speaker 4: who is a minimalist. They want to keep track of
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  Speaker 4: their stats. They want to make sure that, you know,
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  Speaker 4: keep tabs on their heart rate and all this good stuff.
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  Speaker 4: They want to, you know, see how they're sleeping, but
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  Speaker 4: they don't want the distraction of another big device on
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  Speaker 4: their wrist because they already carry a smartphone around and
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  Speaker 4: they you know, it's just simple and easy, and that's
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  Speaker 4: who this appeals to.
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  Speaker 2: I think it's going to sell a lot during the holidays.
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  Speaker 2: I really do.
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  Speaker 3: Who runs twenty five minutes. I sort of exercise. I
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  Speaker 3: stop at three minutes, three and a half minutes. So
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  Speaker 3: I've always wondered how that works. Okay, there are now
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  Speaker 3: are some people there are Okay, there are in just
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  Speaker 3: a real quick one is that I think my smart watch,
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  Speaker 3: I mean Lindsay bought it is like three hundred dollars,
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  Speaker 3: I mean not inexpensive, and.
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  Speaker 2: I don't know if I have that right, I have
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  Speaker 2: to ask her. And this is one hundred dollars.
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  Speaker 3: But the screen I can look at and I can
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  Speaker 3: talk to it and tell me and tell it what
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  Speaker 3: I want to do, you know.
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  Speaker 2: And it's Siri.
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  Speaker 3: It's Siri based, and I can get people can call
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  Speaker 3: me on it and I can.
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  Speaker 2: It's a it's a Dick Tracy watch, it is.
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  Speaker 4: And there's look, the watch on your wrist is nothing
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  Speaker 4: short of a miracle of modern technology, don't get me wrong.
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  Speaker 4: So I just to kind of put the end to
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  Speaker 4: this thing, this whole fit of air. I love this device.
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  Speaker 4: It's not for me personally, it may not be for
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  Speaker 4: you personally, because I love having my smart watch. I
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  Speaker 4: absolutely have bill. I have one feature on my Apple
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  Speaker 4: Watch where it is a voice memo that I can
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  Speaker 4: sit there anytime of the day. Anything that comes to
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  Speaker 4: my head, I can tap one button. It records that voice, memo, transcribes,
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  Speaker 4: it sends.
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  Speaker 2: It to my email.
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  Speaker 4: And that is a killer feature for someone like me
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  Speaker 4: who's always thinking about something that I want to do
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  Speaker 4: or remember or whatever. And so for that reason, I
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  Speaker 4: couldn't not have this watch on. And so, you know,
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  Speaker 4: I think there's different choices for different people, and it
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  Speaker 4: seems like the fipit air is just it's an inexpensive
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  Speaker 4: way of keeping tabs on your fitness and sleep, and
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  Speaker 4: that will appeal to some people.
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  Speaker 2: Do you shower with this thing on? No? I do
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  Speaker 2: I shower the smart watch?
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  Speaker 1: No?
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  Speaker 2: I'm sorry. You do you do? Or you don't shower
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  Speaker 2: with your smart No?
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  Speaker 4: I do not. I know, I take everything off.
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  Speaker 3: Okay, I'm just curious because I shower with this thing
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  Speaker 3: for some reason, because.
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  Speaker 2: I don't know.
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  Speaker 4: I mean, you can, there's no reason to, but you know, yeah,
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  Speaker 4: it's just one of those things where yeah.
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  Speaker 3: Yeah, I take it off and I've got an incredibly
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  Speaker 3: dirty wrist. Okay, Rich, We'll talk again next Tuesday. Okay,
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  Speaker 3: Thank Rich Demurro. Every day on KTLA and Saturdays here
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  Speaker 3: eleven to two pm. All right, Now, if you go
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  Speaker 3: to college, there is over a few fifty percent chance
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  Speaker 3: that you have regret about your college degree. And what's
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  Speaker 3: the main reason. Financial strain, because one in five feel
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  Speaker 3: the diploma is never going to feel financially worth it.
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  Speaker 3: A quarter of the dropouts left college because they.
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  Speaker 2: Ran out of money. Makes sense to me.
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  Speaker 3: College education today is so is insanely expensive and the
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  Speaker 3: return college grads getting the kinds of jobs in terms
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  Speaker 3: of how much money they earn, in terms of how
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  Speaker 3: easy it is to get a job. Now, when I
• 13:44
  Speaker 3: graduated college, it was an easy job market out there.
• 13:47
  Speaker 2: I have reasonable money. Now.
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  Speaker 3: There's certain professions that you have to go to college,
• 13:52
  Speaker 3: absolutely have to, no choice. You're going to go into medicine,
• 13:55
  Speaker 3: of course, you have to have a college degree before
• 13:56
  Speaker 3: medical school. If you're going to go into law, you
• 13:59
  Speaker 3: have to have a college before you get into law school.
• 14:04
  Speaker 3: If you are, for example, want to be an architect,
• 14:06
  Speaker 3: to get license, you have to go to college. Also,
• 14:10
  Speaker 3: you have to go to college and have college creditor
• 14:12
  Speaker 3: master's degree if you want to be a therapist. The
• 14:15
  Speaker 3: rest of the time, no, not so much. And I've
• 14:19
  Speaker 3: always thought this, How important do you think a college
• 14:21
  Speaker 3: education is? Maybe in terms of getting your first job, maybe,
• 14:28
  Speaker 3: although work experience counts far more than college. Employers really
• 14:35
  Speaker 3: don't care whether you've gone to college, where you have
• 14:38
  Speaker 3: gone to college, or what your grades are.
• 14:41
  Speaker 2: They don't care.
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  Speaker 3: What makes it worthwhile, what makes it what gives you
• 14:47
  Speaker 3: an advantage work experience in the field, either as an
• 14:51
  Speaker 3: intern or during the summer, or part time work during
• 14:58
  Speaker 3: school in a field that you are later going to
• 15:00
  Speaker 3: apply for.
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  Speaker 2: Now, in the.
• 15:04
  Speaker 3: Long run, college education is worth more than not having
• 15:11
  Speaker 3: a college education in terms of lifetime earnings. But the
• 15:15
  Speaker 3: reality is, and I don't even know if that's true,
• 15:18
  Speaker 3: that those are the stats today. Let's talk about lifetime
• 15:22
  Speaker 3: earnings and talk to me forty years from now when
• 15:25
  Speaker 3: I'm in diapers and I can have no idea who
• 15:28
  Speaker 3: you are. What forty years from now? Good God, that's
• 15:32
  Speaker 3: that don't happen two years from now? Very depressing. So
• 15:37
  Speaker 3: college diploma has been sold, I mean, forever is the
• 15:41
  Speaker 3: surest path to a better career. So people took out loans,
• 15:46
  Speaker 3: they logged the hours, and now the majority, now not
• 15:52
  Speaker 3: an overwhelming majority, fifty two percent say it was not
• 15:56
  Speaker 3: worth it, and the payoff is way too long, way
• 16:02
  Speaker 3: too long, and some fields carrying more regret than others.
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  Speaker 3: Science based careers top the list, by the way, because
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  Speaker 3: here it's not a question of education. Here it's a
• 16:14
  Speaker 3: question of work experience. Here's a question of can you
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  Speaker 3: do it, can you not do it? And how extensive
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  Speaker 3: is your Not so much education, but your experience and
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  Speaker 3: what you can do. Science based careers top the list
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  Speaker 3: in terms of regretting seventy in those fields reported regret.
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  Speaker 3: Law graduates came in at sixty five percent, with the
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  Speaker 3: majority of this overwhelming majority of people with a law
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  Speaker 3: degree are regret going regret law school. Now, if you
• 16:51
  Speaker 3: ask me if I regret going to law school, frankly,
• 16:55
  Speaker 3: I don't remember going to law school. I was so
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  Speaker 3: stoned for those three years. I can't do my show
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  Speaker 3: without being a licensed attorney. So I'm perfectly and I
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  Speaker 3: enjoyed practicing law. But I think I was in the minority.
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  Speaker 3: I cannot tell you how many of my classmates who
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  Speaker 3: went out there and started practicing law, who became senior partners.
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  Speaker 3: I mean, you know by now, obviously they've been around
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  Speaker 3: long enough where they became senior senior partners in law firms,
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  Speaker 3: but you worked just as hard. There's more money, but
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  Speaker 3: you work just as hard. So you hit your sixties
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  Speaker 3: and you're working as hard as you were in your twenties.
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  Speaker 2: Who needs that?
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  Speaker 3: So I am in the minority that I don't regret
• 17:45
  Speaker 3: going to college. I also don't Not only do I
• 17:48
  Speaker 3: not remember law school, I really don't remember college either.
• 17:53
  Speaker 3: I had a little bit of a cocaine issue for
• 17:55
  Speaker 3: a period of time, and there's not a lot of
• 17:58
  Speaker 3: memory there.
• 17:59
  Speaker 5: What do you deal with a law degree if you're
• 18:01
  Speaker 5: not going to practice just straight law?
• 18:03
  Speaker 3: Oh, plenty of people you go into business, for example,
• 18:06
  Speaker 3: you go into a court management, and to have a
• 18:10
  Speaker 3: lot of degree gives you a leg up where you
• 18:12
  Speaker 3: could understand the legal aspects of what's happening, especially if.
• 18:17
  Speaker 5: Why you know, maybe you don't lock like the practicing
• 18:21
  Speaker 5: law part, but you'd still think, you know, it helps
• 18:25
  Speaker 5: you out understanding business.
• 18:27
  Speaker 3: Yeah, it does in many cases. There are a lot
• 18:29
  Speaker 3: of fields in which a lot of degree does help.
• 18:32
  Speaker 3: But is it worth it?
• 18:34
  Speaker 2: Yeah? I don't know. I don't know.
• 18:37
  Speaker 3: Most of the people that graduate law school become lawyers,
• 18:41
  Speaker 3: you know, I mean the bar is just a bitch.
• 18:45
  Speaker 3: I have to tell you. When I used to talk
• 18:47
  Speaker 3: to law students and I would go around. I was
• 18:50
  Speaker 3: the president of my alumni association, and they sent me
• 18:53
  Speaker 3: out to colleges to talk about going to my school,
• 18:57
  Speaker 3: which by just let you know, such a phenomen in
• 19:00
  Speaker 3: a law school that it's now out of business. It
• 19:02
  Speaker 3: went defunct. That's hey, did I go to a law.
• 19:06
  Speaker 2: School or not.
• 19:07
  Speaker 3: But the students who are thinking of law school told me, hey, Bill,
• 19:11
  Speaker 3: I understand the bar is really tough.
• 19:13
  Speaker 2: I goes worse than that. It'll be the worst three
• 19:16
  Speaker 2: days of your life. Is it worth it? Yeah?
• 19:21
  Speaker 3: If you want to practice law, it's worth it. If
• 19:23
  Speaker 3: you want to be a doctor, boy, there's a fun
• 19:25
  Speaker 3: college degree pre med, and then you have medical school.
• 19:29
  Speaker 3: That's fun. But other than that, you know, do you
• 19:34
  Speaker 3: regret going to school? A majority of people do. All right,
• 19:41
  Speaker 3: All right, let's end the show with a retreat. And
• 19:45
  Speaker 3: we all know about retreats. This one is kind of unusual.
• 19:48
  Speaker 3: This is where wealthy kids learn how to not blow
• 19:52
  Speaker 3: an inheritance. Now, it's pretty easy not to blow it.
• 19:55
  Speaker 3: All you do is set up a trust and the
• 19:57
  Speaker 3: kid gets incremental money However, there is a real issue.
• 20:04
  Speaker 2: So this group of.
• 20:05
  Speaker 3: Twenty that met, they come from families worth collectively seven
• 20:11
  Speaker 3: billion dollars, and we're asked, why are you here. Well,
• 20:19
  Speaker 3: the big answer is their money, but their parents isn't
• 20:21
  Speaker 3: my money. And it gives you purpose to have that
• 20:25
  Speaker 3: much money. And therein lies a really interesting part of
• 20:32
  Speaker 3: what's going on today is that incredibly wealthy families, those
• 20:36
  Speaker 3: who have probably created their own wealth, and they have
• 20:39
  Speaker 3: and have children. What do the kids do with the money?
• 20:43
  Speaker 3: And it's easy for them to be trust babies, But
• 20:46
  Speaker 3: what they're meeting for is to figure out how to
• 20:49
  Speaker 3: make wealth, give it purpose, makes society better. And I'll
• 20:56
  Speaker 3: tell you what else is going on in many cases,
• 20:58
  Speaker 3: and this is something I had an interview something that's
• 21:01
  Speaker 3: I think more and more. I had an interview with
• 21:04
  Speaker 3: one of the children of Warren Buffett, who is worth
• 21:08
  Speaker 3: one hundred and fifty or one hundred and eighty or
• 21:10
  Speaker 3: two hundred billion dollars I don't even know now, And
• 21:12
  Speaker 3: I asked him, wow, your dad is one of the
• 21:15
  Speaker 3: richest men in the world. He goes yeah, And I said, so,
• 21:20
  Speaker 3: how much money do you think you and your siblings
• 21:23
  Speaker 3: are going to get. I mean, you're never gonna have
• 21:25
  Speaker 3: to work again. And he said, if we get a
• 21:29
  Speaker 3: million dollars each, it will be a miracle and we
• 21:34
  Speaker 3: don't expect it. That's happening more and more with people
• 21:42
  Speaker 3: insane wealth, and that didn't used to happen before. There
• 21:47
  Speaker 3: was Michael Reagan of Ronald Reagan's Kids. He was one
• 21:52
  Speaker 3: of the adopted kids, and Jane Wyman was his mom.
• 21:55
  Speaker 3: She was an actress and was very wealthy in her
• 21:58
  Speaker 3: own right. And he talked about when he was a
• 22:00
  Speaker 3: kid about asking his mom for a bicycle and she said, hey,
• 22:05
  Speaker 3: that's a great idea. Go out and work and pay
• 22:08
  Speaker 3: for it. He was fourteen years old mowing lawns to
• 22:16
  Speaker 3: pay for his bicycle. That's the way it should be.
• 22:22
  Speaker 3: And in the meantime, a lot of kids just you know,
• 22:26
  Speaker 3: they sit there, they use their parents' credit cards.
• 22:31
  Speaker 2: They yeah, I don't want to talk about that. You know,
• 22:34
  Speaker 2: that's a topic. I have no desires close to home. Yeah,
• 22:38
  Speaker 2: a little bit.
• 22:39
  Speaker 3: Yes, I didn't do a good job, although my kids
• 22:44
  Speaker 3: are working, so that's okay. But it's it's something that's
• 22:49
  Speaker 3: really important and I believe it. Okay, so much for
• 22:52
  Speaker 3: that the retreat where wealthy kids learn how not to
• 22:56
  Speaker 3: blow inherent.
• 22:57
  Speaker 2: This interesting, interesting topic. We're done, guys. That's it. The
• 23:01
  Speaker 2: vote is today. Go out and vote. You got you
• 23:03
  Speaker 2: have to do that.
• 23:04
  Speaker 3: This is your franchise, man, This is democracy at its best.
• 23:08
  Speaker 2: You know, we are a country.
• 23:09
  Speaker 3: We're the first country in the world that the establishment
• 23:14
  Speaker 3: of the people governed. We are the sovereign. Please take
• 23:17
  Speaker 3: advantage of it.
• 23:18
  Speaker 1: You've been listening to The Bill Handle Show. Catch My
• 23:20
  Speaker 1: Show Monday through Friday six am to nine am, and
• 23:23
  Speaker 1: anytime on demand on the iHeartRadio app.