Latest / The Bill Handel Show / $100,000+ Qualifies as Low Income | Social Security Running Dry

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$100,000+ Qualifies as Low Income | Social Security Running Dry · The Bill Handel Show

• 0:00
  Speaker 1: You're listening to Bill Handle on demand from KFI AM
• 0:04
  Speaker 1: six forty.
• 0:11
  Speaker 2: KFI AM six forty Bill Handle. Here is a Tuesday morning,
• 0:16
  Speaker 2: June sixteen. As we continue with the show, some of
• 0:19
  Speaker 2: the big stories, we're looking at. The signing of the
• 0:22
  Speaker 2: Peace Accord, if you will, between Iran and United States
• 0:26
  Speaker 2: is going to happen on Friday. That's the official signing.
• 0:29
  Speaker 2: I think they've already signed with DOCU sign and we
• 0:33
  Speaker 2: don't know the terms yet. We're hopefully going to find
• 0:36
  Speaker 2: out what the terms are Friday. Neither the US nor
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  Speaker 2: Iran are releasing the details. All right, I've talked about
• 0:43
  Speaker 2: this before. We've talked about this before. You know about this,
• 0:46
  Speaker 2: and this has to do with how expensive it is
• 0:49
  Speaker 2: to live in southern California. And the number one reason
• 0:52
  Speaker 2: is because of housing costs, because gas is more expensive,
• 0:56
  Speaker 2: or taxes are more expensive, sales tax more expensive, I mean,
• 0:59
  Speaker 2: all of it. It's the cost of housing that really
• 1:03
  Speaker 2: makes it almost impossible or very difficult to live here
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  Speaker 2: in southern California. Okay, So, California's Department of Housing and
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  Speaker 2: Community Development released its official state income limits for twenty
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  Speaker 2: twenty six, and this has to do with folks who
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  Speaker 2: can qualify as low income, or once someone qualifies or
• 1:25
  Speaker 2: family qualifies as low income, there are a bunch of
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  Speaker 2: a bunch of programs available to help people out.
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  Speaker 3: Well, how about this low income.
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  Speaker 2: Is people that are earning for single family, for single
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  Speaker 2: person one hundred and four thousand, two hundred dollars.
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  Speaker 3: So if you're aroun one hundred and.
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  Speaker 2: Four one hundred and ninety nine dollars, right, you are
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  Speaker 2: low income. And so that's the one person households. Last
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  Speaker 2: year it was twenty four thousand, So it's gone quite
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  Speaker 2: a bit. And I'll explain why these figures bounce all
• 2:06
  Speaker 2: over the place now if you look at housing policy
• 2:08
  Speaker 2: experts and what they are saying, and that makes sense
• 2:13
  Speaker 2: that the ever rising goalposts for financial stability make it
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  Speaker 2: much harder for Orange County residents, for Orange County in
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  Speaker 2: general to retain teachers, nurses, middle class income workers, and
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  Speaker 2: by the way, without them, the economy doesn't function. And
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  Speaker 2: so what's happening is younger residents feel the need they
• 2:35
  Speaker 2: have to give up the idea of buying a home
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  Speaker 2: in Orange County also la But or many of the
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  Speaker 2: big population centers in California, they're basically in the same
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  Speaker 2: place with this happened to be a study out of
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  Speaker 2: Orange County, and so you have young people that just
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  Speaker 2: are giving up the idea of buying a home. I
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  Speaker 2: have that conversation with my kids all the time, and
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  Speaker 2: they figure they're never going to be able to buy
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  Speaker 2: a home. And I have no intention of leading my
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  Speaker 2: house to them. There isn't a chance. A matter of fact,
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  Speaker 2: my daughter is visiting over here, spending a few days
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  Speaker 2: with me, and she looks around my house. She goes,
• 3:12
  Speaker 2: I can't wait for you to die so I can
• 3:15
  Speaker 2: get this house. And I respond with you can't wait
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  Speaker 2: for me to die at all, as she goes, that
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  Speaker 2: is correct, Dad, But I thought i'd make a point here. So,
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  Speaker 2: according to this report from the California Association of Realtors,
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  Speaker 2: about sixteen percent of Orange County households earn are you
• 3:35
  Speaker 2: ready for this? In order to afford the median home
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  Speaker 2: price in Orange County of one million, four hundred, four
• 3:43
  Speaker 2: hundred and two thousand dollars basically a million four. Now,
• 3:47
  Speaker 2: can you imagine how many years ago if you talked
• 3:50
  Speaker 2: about a million four for the price of a home
• 3:52
  Speaker 2: that would be a mansion beyond a mansion. My god,
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  Speaker 2: these people are rich today. That's the median price of
• 4:00
  Speaker 2: a home. So in order to afford comfortably the median price,
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  Speaker 2: households have to earn a minimal annual income of three
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  Speaker 2: hundred and fifty thousand dollars YEP and advocates for increased
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  Speaker 2: housing they say that it's all about local elected leaders
• 4:25
  Speaker 2: choosing not to allow new housing development. We effectively force
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  Speaker 2: people into being poor, well not being poor, just not
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  Speaker 2: be able to buy a house. And that's a director
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  Speaker 2: of the People for Housing Orange County, so Irvine, you see,
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  Speaker 2: Irvine conducted its study in twenty twenty four. Fifty one
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  Speaker 2: percent of residents have considered leaving Orange County. And why
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  Speaker 2: what is the number one reason? The cost of housing,
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  Speaker 2: which is completely crazy. I mean, the bottom line is
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  Speaker 2: people that own homes. The vast majority of folks that
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  Speaker 2: do own homes bottom when home prices were reasonable, and
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  Speaker 2: then they sold them and moved up and up. And
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  Speaker 2: that's so what I did with the Persian Palace ended
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  Speaker 2: up to be a big home. But if it turned
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  Speaker 2: out that I was buying that for the first time,
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  Speaker 2: I would never be able to afford it.
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  Speaker 1: Oh, I couldn't afford our house. No, tried to buy it. Now,
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  Speaker 1: there's no you couldn't.
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  Speaker 3: That's right.
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  Speaker 2: I mean a lot of us are in that same position.
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  Speaker 2: So Hansburg, the director of the nonprofit, said, if cities
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  Speaker 2: don't update zoning and permitting rules allowing developers to build
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  Speaker 2: more apartments, townhomes, condos, workers earning around one hundred thousand
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  Speaker 2: dollars per year, remember that's considered poor. We'll we'll choose
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  Speaker 2: to look for cheaper housing elsewhere. That's absolutely true, at.
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  Speaker 1: Least in Orange County. Though. If you have a house,
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  Speaker 1: you have an active police department that is staffed properly,
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  Speaker 1: it's clean, there's less crime. Yeah, so you should not
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  Speaker 1: paying two million dollars for a house with homeless people
• 6:02
  Speaker 1: roaming and around Good Point.
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  Speaker 2: And I live in the other thing in terms of
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  Speaker 2: feeling safety, and you pay money for this. I live
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  Speaker 2: in a gated community.
• 6:11
  Speaker 1: And it's still the wall built the wall.
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  Speaker 3: Well that's the case. I mean that that is the case.
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  Speaker 2: And it doesn't have a minority population where I live.
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  Speaker 3: It's basically white people. No, that's not true.
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  Speaker 2: Some Hispanics do get in the gate, but they're better
• 6:26
  Speaker 2: be in a pickup truck with a lawnmower in the back.
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  Speaker 3: Yeah, the only ones allowed.
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  Speaker 1: That was really embarrassing for Cono and I coming.
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  Speaker 2: Yes, that's oh, come on, tell me when you kneil.
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  Speaker 2: When you come in, everybody looks at you and points,
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  Speaker 2: and my neighbor's going, what the hell is he doing here?
• 6:45
  Speaker 2: Or they go can you give us a bid on
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  Speaker 2: doing the landscape?
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  Speaker 1: It was weird that I was the only person driving
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  Speaker 1: in that was frisked.
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  Speaker 2: Anyway, as much fun as that is, this does not
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  Speaker 2: bode well. I mean, this is going south way too quickly,
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  Speaker 2: and if we don't turn it around, you're literally only
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  Speaker 2: to see people who either have a ton of money,
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  Speaker 2: which is not a whole lot of people, or have
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  Speaker 2: bought houses early days and have moved up. Other than that,
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  Speaker 2: you're basically screwed.
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  Speaker 3: You have to leave.
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  Speaker 2: You can't stay here. As I said, my daughter, particularly Pamela,
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  Speaker 2: who wants to live here forever, said Dad, I can't
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  Speaker 2: afford a house. I said, Damn, I get it, I
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  Speaker 2: get it.
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  Speaker 3: I can.
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  Speaker 2: So there you go, Hey, feel better about yourself, have
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  Speaker 2: a good day. I'll be living in my house. You
• 7:40
  Speaker 2: won't be a big mazletove to you. All right, this
• 7:44
  Speaker 2: will be a segment number two on how your life,
• 7:47
  Speaker 2: if not now, will be miserable. And this has to
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  Speaker 2: do with a Social Security trust fund. And it's going
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  Speaker 2: to run dry in twenty thirty two. Now we've heard
• 7:56
  Speaker 2: that before. It's going to run dry. Now, it's not
• 7:59
  Speaker 2: going to be completely dry, because if twenty thirty two
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  Speaker 2: nothing is done, then social Security benefits are going to
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  Speaker 2: drop to seventy eight percent of what they are now.
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  Speaker 3: It's not like it's going to be zero.
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  Speaker 2: And so the latest projection released by the social security
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  Speaker 2: folks that the trust fund depleted by twenty thirty two
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  Speaker 2: seventy eight percent. And so for one in five Americans
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  Speaker 2: who receive Social Security, that means and across the board
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  Speaker 2: benefit cut of about twenty two percent unless Congress acts,
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  Speaker 2: and it's no fund. It really isn't because where does
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  Speaker 2: Congress get its money for Social Security? Where does the
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  Speaker 2: benefit come? It comes from our social security taxes. Now,
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  Speaker 2: the history of Social Security was it was established by
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  Speaker 2: FDR I think thirty five or third nineteen thirty five,
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  Speaker 2: nineteen thirty six, and it was to help people in
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  Speaker 2: their old age. It used to be you'd work and
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  Speaker 2: then you couldn't retire, you would die without getting governmental benefits. Well,
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  Speaker 2: that change was social security. Social Security was created to
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  Speaker 2: supplement savings that you would have and it was easy.
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  Speaker 3: It was pennies on the dollar.
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  Speaker 2: And the point is people lasted until it were sixty
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  Speaker 2: five started collecting social security. I then lasted a year
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  Speaker 2: and then would pop off. So there was plenty of
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  Speaker 2: money because money was coming in, and you know, people
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  Speaker 2: were dying very quickly and population was increasing in more
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  Speaker 2: workers and not that many people were dying. Well that's
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  Speaker 2: turned around completely much less money is coming in. It
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  Speaker 2: used to be five workers for every person receiving soci security.
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  Speaker 2: I think it's like two and a half now half
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  Speaker 2: of that. And how do you pay for that, Well,
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  Speaker 2: you tax people more. The other way is you simply
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  Speaker 2: increase the age of when social security can kick in.
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  Speaker 3: Used to be sixty five.
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  Speaker 2: I think it's sixty seven now sixty seven and a
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  Speaker 2: half something along those lines. And for every day it
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  Speaker 2: increases when benefits can be received. That helps the social
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  Speaker 2: security defined by billions of dollars. I don't know what
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  Speaker 2: the figures are, but the premise is true. And so
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  Speaker 2: why is this so difficult? Well, debt levels are way up,
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  Speaker 2: record debt levels, elevated interest rates, reducing the resources they're
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  Speaker 2: available for lawmakers to implement solutions. Declining immigration, declining birth rates,
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  Speaker 2: the supply of current and future workers even smaller than
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  Speaker 2: was previously projected. And so if you are looking at
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  Speaker 2: retiring twenty thirty two or beyond, be prepared for a
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  Speaker 2: whole lot less money. Let's go back to nineteen eighty
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  Speaker 2: three for a moment. These days, for people who are
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  Speaker 2: around you know, it's hard to believe this. President Reagan
• 10:50
  Speaker 2: and House Speaker Tip O'Neil. One was a Republican, the
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  Speaker 2: other one was Democrat. Stuck a Actually they got a
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  Speaker 2: compromise to extend the life of Social Security, raising taxes,
• 11:03
  Speaker 2: raising the eligibility age. This is much harder now. And
• 11:08
  Speaker 2: I'm going to throw a figure at you. When I
• 11:10
  Speaker 2: looked at this, I'm going, Wow. The federal government now
• 11:13
  Speaker 2: carries a much higher debt burdens. It topped one hundred
• 11:17
  Speaker 2: percent of annual GDP. When Reagan and Tip O'Neil struck
• 11:25
  Speaker 2: their deal, it was thirty five percent of GDP. That's
• 11:30
  Speaker 2: how much more debt we have incurred and servicing the
• 11:34
  Speaker 2: debt becomes very expensive, especially when inflation kicks in, and
• 11:41
  Speaker 2: you've it's unforgiving this demographic picture. Baby booms continue to retire,
• 11:47
  Speaker 2: there's tons of US Americans are living longer. Birth rates
• 11:50
  Speaker 2: have fallen sharply, and last but not least, immigration is
• 11:55
  Speaker 2: way down. One of the reasons that there was money
• 11:59
  Speaker 2: coming in amount of money coming in, which we don't
• 12:02
  Speaker 2: have anymore as immigration, illegal aliens coming into this country.
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  Speaker 2: The only way they could work is to have a
• 12:07
  Speaker 2: Social Security number. Well, they can't get one, so you
• 12:10
  Speaker 2: know what they did. They went ahead and came up
• 12:14
  Speaker 2: with some fake number in order to work, and Social
• 12:17
  Speaker 2: Security was taken out of their paycheck and put into
• 12:20
  Speaker 2: accounts that either didn't exist or other people's accounts, which
• 12:25
  Speaker 2: were then taken off taken out and was not brought
• 12:28
  Speaker 2: back to the people who paid it. It just went
• 12:30
  Speaker 2: into the general fund. So you have illegal undocumented people
• 12:35
  Speaker 2: paying into the fund. The fund doesn't issue checks, and
• 12:40
  Speaker 2: so all that is gone, and that's a huge hit.
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  Speaker 3: And so the bottom line is.
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  Speaker 2: I'm going to retire at full tilt, ladies and gentlemen,
• 12:51
  Speaker 2: and I thank you very much for putting in the
• 12:53
  Speaker 2: social Security benefits for me because I'm retiring way before
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  Speaker 2: twenty thirty two.
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  Speaker 3: For the rest of you, thank you very much. It's
• 13:05
  Speaker 3: greatly appreciated.
• 13:07
  Speaker 2: And lasting longer. My mom retired at sixty two. She
• 13:10
  Speaker 2: lasted until she was thirty eight. I mean ninety eight. Man,
• 13:14
  Speaker 2: how long was that?
• 13:15
  Speaker 3: So security going on?
• 13:16
  Speaker 2: Huh?
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  Speaker 1: If you take the hit by pulling social Security earlier,
• 13:24
  Speaker 1: let's say, like twenty thirty, If you take the hit,
• 13:29
  Speaker 1: if you're not quite sick, if you're sixty five and
• 13:32
  Speaker 1: not sixty seven, would it be less than if you
• 13:36
  Speaker 1: did it after.
• 13:38
  Speaker 2: Oh yeah, oh absolutely, because the benefits. Sure, the benefits
• 13:42
  Speaker 2: decrease like crazy. But if you're retiring at sixty two,
• 13:45
  Speaker 2: let's say, which you can with reduced benefits, you're not
• 13:49
  Speaker 2: putting into the system anymore.
• 13:50
  Speaker 3: You're not working. See, I could retire easily, but.
• 13:56
  Speaker 2: I'm working, So I'm well, I would be guys, happen
• 14:01
  Speaker 2: to be working, and so I'm still putting into the system.
• 14:05
  Speaker 2: I could have retired. I'm done working, and therefore I'm
• 14:07
  Speaker 2: not paying taxes anymore. So, yeah, and baby boomers, there
• 14:11
  Speaker 2: are a lot more of us than there are of you.
• 14:16
  Speaker 2: We're the biggest population that we've had, and we are
• 14:19
  Speaker 2: the ones that are putting in the most money. You
• 14:21
  Speaker 2: are not putting in enough money for us, which is fine,
• 14:24
  Speaker 2: by the way, because I'm not retired yet and I'm
• 14:28
  Speaker 2: very happy that you're going to be paying for me.
• 14:30
  Speaker 2: See it works, it works out. Okay, Okay. A quick
• 14:34
  Speaker 2: word about California schools, real simple. They're emptying out and
• 14:39
  Speaker 2: it's going to get worse. Fewer kindergartens in San Francisco,
• 14:43
  Speaker 2: for example, fewer graduating classes in San Jose.
• 14:48
  Speaker 3: And signs like this as they have.
• 14:52
  Speaker 2: Proliferated enrollment dips have turned into something much bigger, demographic transformation,
• 14:59
  Speaker 2: complete reshaping public education across the country, particularly here in
• 15:03
  Speaker 2: southern California, class rosters are getting shorter and they are
• 15:08
  Speaker 2: impossible to ignore. A stat This school year, California's kindergarten
• 15:15
  Speaker 2: through twelfth grade public schools enrolled seventy five thousand fewer students,
• 15:20
  Speaker 2: and last year, according to the state, over the past decade,
• 15:25
  Speaker 2: California has four hundred and twenty thousand fewer public school students,
• 15:30
  Speaker 2: which means less money for the school system. And why well,
• 15:35
  Speaker 2: as I talked about lower birth rates, families moving out
• 15:39
  Speaker 2: to more affordable areas, immigration crackdowns, and you put all
• 15:44
  Speaker 2: of that together and we've got a big problem in
• 15:48
  Speaker 2: our education system. Fewer students, but far less money for
• 15:53
  Speaker 2: those fewer students, and education researchers say, what is the
• 15:59
  Speaker 2: biggest factor, Well, we're having fewer kids. Birth rates in
• 16:03
  Speaker 2: the US have declined since two thousand and seven, and
• 16:07
  Speaker 2: that's according to data from the CDC, and the drop
• 16:11
  Speaker 2: is now becoming visible in the public school system. Why
• 16:14
  Speaker 2: is that because now kids are entering fifth and sixth
• 16:17
  Speaker 2: grade grade, so public school enrollment operates on a lag
• 16:22
  Speaker 2: and it's all about birth rate, way way down. And
• 16:27
  Speaker 2: when COVID hit, it accelerated the problem. And why is that, Well,
• 16:32
  Speaker 2: because the pandemic. The state Department of Finance predicted the
• 16:36
  Speaker 2: declines would come over the next decade or two. Guess
• 16:39
  Speaker 2: what much faster than that district had hoped for. The
• 16:42
  Speaker 2: declines driven by homeschooling, private schools, families delay in kindergarten,
• 16:47
  Speaker 2: and the district's saying, great, fewer students, but enrollment would
• 16:52
  Speaker 2: eventually rebound.
• 16:53
  Speaker 3: Nope, not anymore. This is the new norm.
• 16:57
  Speaker 2: Declining rates and students and much less money coming in. Why,
• 17:04
  Speaker 2: because people that have money are moving out, people that
• 17:09
  Speaker 2: don't have money are coming in. Even though our population
• 17:13
  Speaker 2: is flat in California, it's flat because of the large
• 17:17
  Speaker 2: number of immigrants that are coming in. And when they
• 17:20
  Speaker 2: do come in, they don't have money. And when people leave,
• 17:25
  Speaker 2: far more people leave because they have money and they're
• 17:29
  Speaker 2: just tired of paying the taxes. And of course housing
• 17:31
  Speaker 2: is crazy, and so younger people are having fewer kids.
• 17:37
  Speaker 2: And this is around the world, and the problem is
• 17:41
  Speaker 2: that we just running out of money. Also consider that kids.
• 17:47
  Speaker 2: I'll give you an example with my kids and LA
• 17:49
  Speaker 2: unified school district. I spent my entire education program until actually,
• 17:54
  Speaker 2: even with my university at cal State Northridge, I was
• 17:57
  Speaker 2: at state schools and I got out of elementary school
• 18:02
  Speaker 2: actually literate, which today not so easy. So when my
• 18:07
  Speaker 2: kids went to school in kindergarten, I was not going
• 18:11
  Speaker 2: to put them into private into public schools, not a chance.
• 18:16
  Speaker 2: And because I had enough money to provide a private education,
• 18:21
  Speaker 2: which people didn't used to be private schools. When I
• 18:25
  Speaker 2: was a kid. There were Catholic schools far less money,
• 18:30
  Speaker 2: but it didn't go to the state. Why because the
• 18:32
  Speaker 2: money that the school district gets is based on attendance,
• 18:38
  Speaker 2: and when attendance is way down, the less money that
• 18:43
  Speaker 2: comes in. So this is happening much faster than predicted,
• 18:49
  Speaker 2: and it doesn't bode well for our future. It really doesn't,
• 18:53
  Speaker 2: and it is a shame. Also, the cost of special education.
• 18:57
  Speaker 2: English is a second language, for example, is a tough one,
• 19:01
  Speaker 2: more expensive than your normal education.
• 19:05
  Speaker 3: So California schools are emptying out. Okay, let me do.
• 19:10
  Speaker 2: A story that when I looked at it went kind
• 19:12
  Speaker 2: of neat this side of the Washington Post. And it
• 19:15
  Speaker 2: has to do with dad jokes, and as penny and
• 19:21
  Speaker 2: as horrific they are, they're actually good for you. It's
• 19:24
  Speaker 2: a study that just came out. Actually, it's Paul Sylvia,
• 19:29
  Speaker 2: a Polish professor of psychology at the University of North Carolina,
• 19:33
  Speaker 2: and when he was interviewed for this, he just ironically
• 19:37
  Speaker 2: was happening to screw in some light bulbs on a ladder,
• 19:41
  Speaker 2: which I thought was really interesting.
• 19:43
  Speaker 3: So what makes a dad joke work?
• 19:47
  Speaker 2: Well, few studies until now, but Sylvia has been analyzed
• 19:52
  Speaker 2: him first of all to determine what makes them funnier
• 19:55
  Speaker 2: than others. And his study is actually titled what's brown
• 19:59
  Speaker 2: and and sticky?
• 20:01
  Speaker 3: A stick?
• 20:02
  Speaker 2: And he analyzed more than thirty two thousand dad jokes
• 20:05
  Speaker 2: and identified three qualities that make up the best puns,
• 20:11
  Speaker 2: literalization and pedantic humor. Now we all know the pun.
• 20:16
  Speaker 2: So long, boiling water, you will be missed.
• 20:21
  Speaker 3: It's horrible.
• 20:23
  Speaker 2: What's the difference between a well dressed man on a
• 20:25
  Speaker 2: unicycle and a poorly dressed man on a bicycle? Attire?
• 20:31
  Speaker 2: Where do pirates get their hooks? Secondhand stores? It gets better.
• 20:39
  Speaker 2: The first French fries were not cooked in France. They
• 20:42
  Speaker 2: were cooked in Greece. I asked my date to meet
• 20:47
  Speaker 2: me at the gym, but she never showed up. I
• 20:49
  Speaker 2: guess the two of us aren't going to work out.
• 20:53
  Speaker 3: Uh? Is that a groaner? Yes? I found a wooden
• 20:58
  Speaker 3: shoe in my toilet today. It was clogged.
• 21:04
  Speaker 2: Now, usually you you don't get much of this, Henny Youngman.
• 21:10
  Speaker 2: I just flew in in this Las Vegas show or
• 21:13
  Speaker 2: his show in Los Angeles. I just flew in from
• 21:15
  Speaker 2: Las Vegas, and boy, my arms are tired.
• 21:20
  Speaker 3: I feel like we hear you say some of these jokes, though.
• 21:22
  Speaker 2: So I do I enjoy stick, I really do, because
• 21:25
  Speaker 2: the worse the humor, the better it is. In my opinion,
• 21:29
  Speaker 2: I love bad jokes and bad puns. If prisoners could
• 21:34
  Speaker 2: take their own mugshots, they'd be called selfies.
• 21:37
  Speaker 3: Celll sell fees. We got it. We didn't need to
• 21:41
  Speaker 3: anytime you have to spell a joke. I used to
• 21:45
  Speaker 3: hate facial hair, but then it grew on me. Okay,
• 21:50
  Speaker 3: this whole segment is just gonna be Bill telling no
• 21:53
  Speaker 3: it isn't.
• 21:54
  Speaker 2: I was excited to hear Apple might start selling its
• 21:57
  Speaker 2: own cars until I learned they wouldn't support windows. Okay,
• 22:02
  Speaker 2: so now we could go on for about I don't know,
• 22:05
  Speaker 2: five hours.
• 22:06
  Speaker 3: But here is what the study does.
• 22:08
  Speaker 2: Showed is that when you do these jokes in a family,
• 22:14
  Speaker 2: it actually brought the family together more.
• 22:17
  Speaker 3: There was more interaction.
• 22:20
  Speaker 2: People enjoyed bad jokes like we just did here, and
• 22:24
  Speaker 2: that is we had fun. We were together groaning with
• 22:28
  Speaker 2: these bad puns. And you multiply that manyfold when it
• 22:33
  Speaker 2: comes to family interaction. And that's what this study showed
• 22:38
  Speaker 2: a couple of things. Jokes of nature, health care, and
• 22:43
  Speaker 2: money resonated, politics, religion and war did not.
• 22:49
  Speaker 3: So what's going on?
• 22:51
  Speaker 2: Well, they have this irritating quality, but everybody shares them together.
• 22:59
  Speaker 2: Humor is a playful social glue that makes everyone feel
• 23:03
  Speaker 2: a little bit better, according to Silva. Now studies have
• 23:07
  Speaker 2: focused on the physical response to humor those are out there.
• 23:11
  Speaker 2: Laughter reduces stress, anxiety, depression improves psychological well being, but
• 23:17
  Speaker 2: the physical response is not the only way people actually
• 23:20
  Speaker 2: experience humor. The study shows that emotions again, enjoying or
• 23:28
  Speaker 2: not enjoying bad jokes together make for better health than
• 23:34
  Speaker 2: well being just the emotion. There's a cognitive response to
• 23:40
  Speaker 2: understand a joke. Here's one people need to shif have
• 23:43
  Speaker 2: to need or have to often shift their perspective. And
• 23:48
  Speaker 2: you've got this reframing. Cognitive reframing that helps regulate emotions
• 23:53
  Speaker 2: and deals with stress. I mean, this is serious stuff,
• 23:57
  Speaker 2: while at the same time it's not serious stuff. Which
• 24:03
  Speaker 2: days are the strongest Saturday and Sunday? The rest are weekdays? Okay, uh,
• 24:11
  Speaker 2: why not? What do you call a frenchman wearing sandals?
• 24:14
  Speaker 3: Philip? Philip flop? That's just stupid.
• 24:18
  Speaker 2: I don't get that, Felicia flop? Yes, go ahead, Cono
• 24:23
  Speaker 2: want some? Oh yeah, sure, Okay. What do you call
• 24:27
  Speaker 2: a bear without any chief?
• 24:30
  Speaker 3: Go ahead? A gummy bear. Oh. I see.
• 24:33
  Speaker 2: Now, theoretically this makes us here on the morning show.
• 24:38
  Speaker 2: It makes us somehow connect with each other, like each other,
• 24:43
  Speaker 2: deal with each other, lower stress levels. Unfortunately for us
• 24:47
  Speaker 2: it doesn't work.
• 24:49
  Speaker 1: A little bit of a downer.
• 24:51
  Speaker 3: But yeah, we.
• 24:51
  Speaker 2: Still hate each other on the show. We have no connection.
• 24:55
  Speaker 2: For example, Heather, have I ever taken you to lunch?
• 24:58
  Speaker 3: No?
• 24:59
  Speaker 2: That is correct, I have never taken you to lunch.
• 25:02
  Speaker 2: Will Have I ever taken you to lunch? No?
• 25:04
  Speaker 3: But I can remember?
• 25:06
  Speaker 2: All right, absolutely correct, and so I connect. For example,
• 25:11
  Speaker 2: here's my favorite joke. When do you think you're gonna
• 25:13
  Speaker 2: make money here at KFI? How about never?
• 25:19
  Speaker 1: Never?
• 25:20
  Speaker 2: Okay, we're done with that bad jokes? Fair enough, all right,
• 25:27
  Speaker 2: Governor Newsom. Good news for the governor as he is
• 25:32
  Speaker 2: being investigated by the Feds.
• 25:34
  Speaker 3: What does that mean?
• 25:35
  Speaker 2: Well, I'll share that one when we come back KFI
• 25:38
  Speaker 2: AM sixty.
• 25:40
  Speaker 3: You've been listening to the Bill Handle Show.
• 25:42
  Speaker 2: Catch My show Monday through Friday six am to nine am,
• 25:45
  Speaker 2: and anytime on demand on the iHeartRadio app.