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Remind Critics of Economic Reality · Check with Chip

• 0:00
  Speaker 1: Welcome to Check with Chip, brought to you by Operation
• 0:03
  Speaker 1: Blue Dot Red, turning the blue dot red one podcast
• 0:06
  Speaker 1: at a time. I heard a Fox News blurb on
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  Speaker 1: KFAB yesterday morning that I could not believe. I don't
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  Speaker 1: recall the polling firm, but the report was that a
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  Speaker 1: poll said Americans trusted the Democratic Party over the Republican
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  Speaker 1: Party by 55% to 40% to better manage the economy.
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  Speaker 1: That cannot happen. Be accurate. A Republican friend worried about
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  Speaker 1: the midterm election noted this week that regular gas is
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  Speaker 1: more than $ 4 per gallon, premium more than $ 5, diesel
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  Speaker 1: more than $ 6. Early voting begins in a couple weeks,
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  Speaker 1: and it does not look like President Trump's five-week conflict
• 0:48
  Speaker 1: with Iran will be wrapped up anytime soon, so gas
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  Speaker 1: prices probably will remain where they are through the election.
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  Speaker 1: It's a problem. But it's not a guarantee of defeat
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  Speaker 1: in the midterm election, especially on economic grounds. I mentioned
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  Speaker 1: earlier this week the Vice President's argument. Why would you
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  Speaker 1: give power back to the people who created the problems
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  Speaker 1: now being solved? August was another surprisingly good month for
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  Speaker 1: job creation as jobs and manufacturing capacity returned to the
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  Speaker 1: USA from where they had fled under the Biden and
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  Speaker 1: Obama administrations. and previous Republican administrations as well, to be fair.
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  Speaker 1: The point is, Trump is bringing them back. Even with
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  Speaker 1: the gas price spike because of Iran and one-time price
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  Speaker 1: increases that might result from rebalancing trade relations with tariffs,
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  Speaker 1: inflation during Trump 47 is running about half of what
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  Speaker 1: it was under Biden and is coming nowhere near the
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  Speaker 1: 9% peak of the Biden administration. GDP is roughly the same.
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  Speaker 1: Financial markets are robust. And remember, I know this from
• 2:04
  Speaker 1: working at Retire Smart, a retirement planning firm. Strong financial
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  Speaker 1: markets benefit millions of middle-class and working-class people invested in
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  Speaker 1: the markets via IRAs, 401ks, and other accounts. The Census
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  Speaker 1: Bureau just released economic data from the first year of
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  Speaker 1: Trump 47. The poverty rate has decreased significantly to an
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  Speaker 1: all-time historic low, which also happened during Trump 45. Household
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  Speaker 1: income increased for all demographic groups, with minorities and low-income
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  Speaker 1: groups experiencing the highest percentage gains. Median annual income rose
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  Speaker 1: to $ 87, 000. The Trump economy is working for all Americans,
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  Speaker 1: not just the rich. In addition to all of that,
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  Speaker 1: If you find yourself in a conversation with someone, it
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  Speaker 1: might be a Republican as well as a Democrat, complaining
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  Speaker 1: about the economy and saying it's a reason to vote Democrat.
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  Speaker 1: Remind that person where the center of gravity is now
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  Speaker 1: in the Democratic Party. Who are the most prominent figures
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  Speaker 1: and voices? Who are the national leaders? Bernie Sanders, AOC,
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  Speaker 1: Hassan Piker, Zoran Mamdani, all socialists. In the primary season,
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  Speaker 1: The buzz, the excitement, the juice was with and for
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  Speaker 1: the candidates advocating socialism. Socialism has been economic poison everywhere
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  Speaker 1: it has been practiced. You don't find working people clamoring
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  Speaker 1: for socialism. They know the Marxist rhetoric about a worker's
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  Speaker 1: paradise is garbage. It's elite leftists and their temporary Muslim
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  Speaker 1: allies who clamor for socialism and as a way to
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  Speaker 1: tear down our legacy capitalist democratic republic. So be not afraid,
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  Speaker 1: as one of the great defeaters of socialism, St. John
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  Speaker 1: Paul II, often said. Be ready with the facts and
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  Speaker 1: remind those around you of economic reality. That's Check with Chip.
• 4:13
  Speaker 1: I'm Chip Maxwell. Thank you for listening.