All Episodes
Previous Next
Dec. 4, 2009 - Rush Limbaugh Program
36:32
December 4, 2009, Friday, Hour #1
| Copy link to current segment

Time Text
Welcome to today's edition of The Rush 24-7 podcast.
Let's start today's program with a weather report.
It snowed today in Houston.
I don't know how much.
I'm looking at the Drudge Report right here.
Houston's earliest snowfall ever.
That story was apparently delayed for about seven or eight hours as the folks at East Anglia University tried to stop the weather service from letting the information get out.
Snowing in uh in Houston.
Weird weather all over the United States today.
I'm doing the program from EIB Central in New York.
It looks beautiful here.
Snowing in other parts of the country.
It's December.
It's also apparently the end of the recession.
Yep, yep, yep, yep, yep, yay.
The recession's over.
I know this because the media is trumpeting the new jobs figures out today.
This is from the online edition of the New York Times.
In the strongest employment report since the recession began nearly two years ago, that's not even the sentence yet.
Do you understand how much bias is built into that?
Those ten words in the strongest employment report since the recession began nearly two years ago.
They wanted they did everything but put Bush's name in there.
In the strongest employment report since the recession began nearly two years ago, the government said Friday that the nation's employers had all but stopped shedding jobs in November, taking some of the pressure off of President Obama to come up with a wide-ranging jobs creation program.
Now let's dissect this in what they're really telling us.
In the strongest employment report since the recession began nearly two years ago.
Translate this into English.
In the strongest employment report in Barack Obama's presidency, the government said Friday that the nation's employers had all but stopped shedding jobs, had to be a good job.
Had all but stopped shedding jobs.
In other words, they're still shedding jobs, just not very many.
Nowhere here are we reporting that they are creating jobs, had all but stopped shedding jobs.
Okay.
In November, taking some of the pressure off of President Obama to come up with a wide-ranging jobs creation program.
So the president doesn't have to come up now with a wide-ranging jobs creation program.
This is only November, December.
We're talking about the November jobs report.
Was it ninety years ago that they passed the stimulus plan that was supposed to be the wide-ranging jobs creation program?
It's like you're in an alternative universe here.
Oh, good news.
We don't have to do anything about unemployment.
I thought we did something about unemployment.
In the meantime, the president is running around the country.
Where is he?
In Pennsylvania somewhere, holding a listen having listening sessions, talking to people about jobs, the jobs summit is underway.
He's trying to get information on how to deal with the need to create jobs in the United States.
If you dissect the report today, and I haven't had a chance to dissect it.
Looking here at the Washington Post report on this.
In November, jobs were added in temporary help serv temporary help services and health care.
While unemployment fell in construction, manufacturing, and information sectors.
Temporary help always goes up in October and November.
Always.
It's worked that way as long as Americans have celebrated Christmas.
So you're going to see a boost in temporary help.
Secondly, why do you hire temporary employees?
That's the big area of growth in the in the job set sector right now.
Why do you hire temporary employees?
You hire temporary employees because you don't think you need permanent employees.
While they're going to try to sell this as good news, to me, it's more bad news.
I think we are recovering.
Sadly, this is it.
This little unemployment only got a little bit worse report.
That's the recovery.
When the biggest job growth is in temporary jobs, It's an indication that employers are not yet ready to commit to expand their workforces because they don't have any real confidence that the economy is going anywhere.
And then healthcare.
Well, healthcare's always going up.
That's it.
The areas that matter, the areas that are the backbone of the American economy, construction, manufacturing, information sectors, you know, that's like 90% of us who don't work for government.
Jobs continue to decline.
The uh president is, I said, says he's looking for more information and help now on creating jobs.
After months of focusing on Afghanistan and health care, President Obama turned his attention on Thursday to the high level of joblessness, but offered no promise that he could do much to bring unemployment down quickly, even as he comes under pressure from his own party to do more.
At a White House forum scheduled for the day before the government releases unemployment and job loss figures for November, which had been today.
Mr. Obama sought new ideas from business executives, labor leaders, economists, and others.
Confronted with concern that his own ambitious agenda and the uncertain climate it has created among employers have slowed hiring, the president defended his policies.
Mr. Obama said he would entertain every demonstrably good idea for creating jobs, but he cautioned that our resources are limited.
Do you understand what we have here?
We have the president of the United States holding a giant meeting asking for ideas on how to create jobs.
Aren't you supposed to have some idea of how to do that before you become president of the United States?
Well, if he's looking for ideas, let's offer up the Rush Limbaugh program to give the president ideas.
Let's hear from today's guest host.
Let's start with not doing everything that you've already done.
There's the idea.
Let's not put the country in a major tank with an expanding deficit and a declining dollar and no confidence among any employer out there because we took one trillion or so government dollars and created this giant wreck called stimulus.
Had we not done that, maybe you would have been able to apply the resources of the federal government to do something to stimulate the economy.
The fact that he's now asking for ideas is an indication that his own approach flopped.
He's been the president for ten months.
We're told that the recession is two years old, meaning he inherited something that he set out to fix.
We passed the biggest single accomplishment so far of his administration was passing stimulus.
They were so proud of it.
They were so angry the Republicans wouldn't support it.
They did that, and it's produced nothing.
No one knows anyone who has a job that's a result of stimulus.
The job numbers that they've thrown up, we've created this many jobs, we've saved this many jobs, they're being debunked all over the country.
There are school districts that are reporting that they have more jobs created under stimulus than exist in the entire employment force of those school systems.
It was a total fraud.
Nothing happened.
Now, what I'd like to do here is tell a little story about my own area.
One project funded by the stimulus program.
And I think you'll see why.
Stimulus failed, and the president has to go out there and hold meetings and asking people to raise ask people to raise their hands if they have ideas on how to create jobs.
Community is called, and I hesitate to do this because I think this community has never ever gotten national attention its entire history.
Community is called St. Francis, Wisconsin, just south of downtown Milwaukee.
They got a million dollars under the stimulus program.
They couldn't figure out what to do with it, so they decided that they were going to widen a street.
The street is called Packard Avenue.
It's kind of the commercial strip in this suburban community.
After all, we have the stimulus money.
The project costs 1.3 million dollars, 300,000 local dollars, and one million dollars in stimulus funds.
Okay, You can say that that does something.
After all, to widen the street, they've got to bring in the ditch diggers and the bulldozers to clear off everything that's on the exterior of the streets now.
Then you bring in the asphalt pavers and we lay the street, and then the guys that come around and put the stripes on there, they all get jobs for a few months.
So it's not like this project did nothing.
But what are we left with?
We're left with a road that was wider than the road that was there before.
The people who widen the road don't have any work anymore.
It took a few months to widen the road.
We've created nothing.
We've done absolutely nothing with that one million dollars.
That's a big number.
One million dollars in this small community to create permanent jobs.
We've done nothing to get any corporation to invest in itself and hire more workers.
We haven't created anything tangible.
You just have a road that's wider than the road before.
And all of the work that resulted from that stimulus is going to be done in a few months.
But there's even more to the story.
In widening the road, they are taking away the on-street parking on this street.
What they're essentially doing is they're getting rid of the parking on each side and turning these into traffic lanes so that more traffic is able to go down this thoroughfare.
There's a restaurant on this street in Packard Avenue in St. Francis, Wisconsin.
It's called Carleton Grange.
I can't believe I'm doing this without being compensated for it.
This is more publicity than this joint's ever going to have in its i in its history.
There's a restaurant there called Carleton Grange.
It's been there for a few years.
They don't have a parking lot.
They've got no parking of their own.
Their customers park on the street.
And they have since the place opened.
By widening the street, the parking for this restaurant is going to be gone.
The owner of the restaurant is going nuts saying, don't do this to me.
I'm a bar and restaurant.
They've got a banquet hall in there too.
I'm a bar in a restaurant and a banquet hall.
If I have no place for my customers to park, I'm not going to make it.
People aren't going to park three or four blocks away to come to a restaurant here in Little St. Francis, Wisconsin.
He's saying, look, if you do this, I'm going to have to close.
Look what we have here.
We have stimulus funds spent, and the result is not creating jobs, but losing them.
Can you do anything dumber?
As a direct result of spending one million federal dollars, again, pretty big number for a community of that size, you're going to end up with fewer jobs than had you not had stimulus at all.
Now you can say, well, why are you boring me with that one little story about your hometown of Milwaukee?
Why are you telling me that?
Here's why.
This is what stimulus was everywhere.
All we did was carpet bomb every social service agency and every government in the United States and say, here, here's some money, figure out a way to spend it.
That's all we did.
We didn't do anything to jumpstart the American economy.
We didn't do anything to get the private sector to invest in itself.
We gave a bunch of politicians and a bunch of social services, social service agency hacks a lot of money so that they can go out and play around a little bit.
In the end, we've done nothing to jumpstart our economy.
We haven't created any jobs, and in many cases, all we did was do a bunch of projects that were never needed in the first place.
Had that community needed to widen that street, they would have done so before the stimulus project and the stimulus money came down.
Instead, we threw out stimulus with the promise that we were going to turn our economy around, and we've done nothing.
All across the United States, you'll find projects like that little street widening in St. Francis, Wisconsin, in which we're going to manage to spend a fortune.
Add a trillion dollars to an already growing federal deficit and national debt that's now getting to be scary, terrifying the financial market so that the dollar is declining.
We get no jobs out of it.
We get an economy that corporations are afraid of.
And we did nothing to deal with the problem of unemployment in the United States.
So I suppose after doing something as bad, as failed, as discredited as stimulus, the president should be running around asking for ideas on how we can create jobs.
I'll start with idea number one.
Stop doing everything you're doing.
Get out of the way of the American economy.
Stop terrifying people with massive health care taxes.
Stop extending the estate tax another year.
Give people reasons to invest.
Because the fact of the matter is, government cannot create jobs.
All it can do is create its own jobs working for government, which have to be supported by tax increases.
Government can't do anything to make me, if I own a business, hire a few people.
All it can do is stop me from doing that.
And what we have managed to do is tap into our national resources deeply, not create any jobs, and make the economy worse.
1-800-282-2882 is the number on the Rush Limbaugh program.
The guy that you've just heard ranting and raving here is Mark Belling.
I'm Mark Belling.
Rush is taking a day off.
Time to talk to the audience.
1-800-282-2882 is the telephone number.
Let's go to Austin, Texas first.
Josh, it's your turn on the Rush Limbaugh program with Mark Belling.
Hi, it's an honor.
I've got a question here, and hopefully you, as the substitute instructor, could answer it for me.
In the news this morning, they said that job losses were still happening just at a decreasing rate.
And then they came out with the unemployment number as being uh point two percent less than it was last report.
And I'm wondering how they can do that.
Uh I think it has something to do with how they do that figuring of the number of people that are seeking work or not seeking work.
Plus, if you get over a certain age, they consider you're retired.
Uh I actually don't know the answer.
The point, though, is is that the numbers here didn't really move at all.
The unemployment rate is still at a double-digit level, 10%, and we're still losing more jobs than we're able to create.
Also, we always have a temporary ramp up in November and December because of consumer spending associated with Christmas.
Once that's January and February tend to be rotten months in the American economy in a lot of sectors because people spend more money in November and December than in other months.
So, what's going to happen in January and February?
I don't think we're anywhere we're approaching anything at all that looks like a real jobs recovery.
The numbers that they're so excited about that they interpret as being good news don't seem all that good, and it makes you wonder what's down the road when the biggest single area of growth was in temporary employment.
You would I uh you'd you'd like to see some of those temporary jobs being converted to full-time jobs if indeed there really was something going on in the economy.
If you're hiring a temp, you're essentially saying, I don't think I'm gonna need somebody in February, March, and April.
I may need someone now.
That's not a sign of a recovering economy.
And as I said, he now seems clueless.
He's running around asking businesses to tell him what we can do to get them to invest in their the fact that he has to ask the question makes it pretty clear he has no idea how business actually operates.
He's acting like you in asking me this question about the unemployment rate.
Well, what what can we do?
Just get you to create more jobs here in the United States.
If a president of the United States has to ask that question one year into his presidency, it's a pretty strong implication that he didn't know anything about business in the first place, that he's a social planner who got himself elected president, and now he's at a loss in trying to figure out what to do about this recession.
Thank you for the call, Josh.
I want to quote from the uh uh report on the uh job summit.
Mr. Obama told the chief Executives, he wanted to know what's holding back business investment and how can we increase confidence and spur hiring.
And if there are things that we're doing here in Washington that are inhibiting you, then we want to know about...
We're doing anything here that might be inhibiting you.
He got a blunt answer from Fred Lampropoulos, founder and chief of Merit Medical Systems, a medical device manufacturer in the Salt Lake City area.
He said some in his discussion group agreed that businesses were uncertain about investment because, quote, there's such an aggressive legislative agenda that business people don't really know what they ought to do.
That uncertainty, he said, is really what's holding back the jobs.
In other words, what this business owner is telling the president is, it's you and your going all over the place with all these ideas of socializing the American economy that has us terrified.
You are the problem.
How'd that guy get in, by the way?
Must be another problem with the uh social secretary's office.
Mark Belling sitting in for Rush.
Friday Edition of Russia's show.
I am Mark Belling.
We're talking about the economy.
There is a new jobs figure out.
The unemployment rates at 10%.
We're continuing to lose jobs, but not as many as had been anticipated.
This is being interpreted somehow as being good news.
What's lacking here is, however, any evidence of long-term hiring.
We may be at the point where the layoffs are going to bottom off.
But where's the job growth going to come from?
The president in the meantime is out there holding this summit and holding this form in which he's saying that he's looking for answers.
Not looking for any answers.
Do you really think that Barack Obama, who considers himself the smartest man in the United States, wants to hear anybody's suggestions here?
It's just a photo op.
So he appears to be concerned about the high levels of unemployment.
There's no policy here.
What's the American government approach right now to reinvigorate the economy?
There isn't one.
Interest rates are already at essentially zero.
The Fed can't lower them at all.
We've already done stimulus.
So now he's walking around acting concerned.
We had an opportunity to jumpstart the economy, and we blew it with a stimulus program that was nothing more than political payback for Obama's cronies.
He wanted to look like he was doing something then, so he did something.
It didn't work, and now we're back to square one.
Unfortunately, the trillion dollars is gone.
Empire Michigan and Bob Bob, it's your turn on the Rush Limbaugh program.
I doing Mark.
I'm great, thank you.
In the state of Michigan, we've taken a pretty big hit, as everybody knows.
And our governor right now is in Washington for this forum.
And you know, there's an irony to this.
In this state, they wanted to attract movie makers to come to the state.
So the Democratic Party decided to push through a tax break of forty percent to filmmakers.
We've got filmmakers now making movies all over in Traver City and Manistee.
We've got movies being made left and right in this state.
Well, if you want to make a movie about Afghanistan, you could go to Detroit.
Well, they're got a lot of wide open spaces and tumbleweed blowing around there.
You don't have any actual economic activity going on because nobody wants to invest in cities like Detroit.
I think I know where you're going with the point, though, so keep going.
Okay, but the point is even Jeff Daniels supported this because the Republicans felt that forty percent might be too much of a hit for this state to take right now for giving that much of a tax break.
And the Democrats started screaming left and right that they wanted to keep that 40% because that 40% was needed to keep the businesses in, to keep the movies being made.
Now, if it works for the movie industry, then why in the world isn't it going to work for all the other industries?
Well, the answer is of course it is.
Business is all business and individuals and anyone else are always going to go where you have an opportunity to make money.
And if you aren't taxed as much in one place, you're likelier to go to that place.
Of course it's going to work.
Tax breaks do work by the same token, extra taxes and extra regulation and onerous attempts by government to increase your costs are a disincentive to do any kind of business expansion.
Now, in what you're referring to in Michigan, unfortunately, we aren't creating any net jobs.
You're just having a movie made in Michigan that might otherwise be made in another state, and all the states are in this kind of Competition.
But your larger point is correct.
If government looked to business and said, We are going to lower your tax burden, we are going to give you every incentive to invest in your companies.
We're going to give you every incentive to expand.
We're going to give you every incentive to try something new and give you preferential track tax treatment, you'd get a reaction.
But that's the exact opposite approach of what the Democrats in Washington wanted to take.
They fought like crazy to keep tax cuts out of the stimulus program.
When the Republicans proposed their alternative, lower taxes, Obama just got up and started screaming about tax breaks for the rich, tax breaks for the rich.
Well, of course the rich are the companies that can create jobs.
Poor people don't run giant corporations, and people without access to capital don't own small businesses.
If they're looking for the answer, we know the answer.
You know the answer, and I know the answer.
We have to lower taxes to encourage investment in the economy.
But you know what that means?
That means if it works, if some company does expand, they're gonna make money.
We've got to let them do that.
Instead of then turning around and saying, you know, if you do expand, if you do make money, you're gonna be into a top income tax bracket, which we're going to savage with nationalized health care.
The House of Representatives just extended the st the estate tax another year on estates over $3.5 million.
So what signal are we sending?
On the one hand, they say they want businesses to go forth and go out there and create jobs and expand, but you still have a mentality in Washington that will punish them if they make any money doing it.
So why would you try to expand?
Why would you invest in your company?
Why would you put capital at risk if it's all going to be taxed the way if it works and if it works?
The flaw here is in their approach to business.
They don't like it when people make money.
They like it when they're the ones that are in control.
So now we tried it their way.
We tried stimulus, it didn't work, and he's out there asking for ideas because he doesn't want to stand up and acknowledge the obvious, which is that the only way you can create jobs in this country is to create a climate at which businesses believe they will make profits, money, line their pockets, fact cap money if their expansion works.
Thank you for the call, Bob.
Let's go to uh Wycombe, Pennsylvania, and Gorman.
Garmin, it's your turn.
Mark, thanks so much for taking my call.
I was listening to Barack Obama's speech in Alenton.
I'll live about an hour south.
And I'll tell you what's really getting me angry.
He makes two points in his speech that will infuriate anyone, and I'll do it quick.
One, he's talking about these companies who are not hiring, and he said he said, quote, they are squeezing more productivity out of their current workers as if it's a dirty word and a bad thing to do, a zilifying the companies.
And then he said they're gonna have to do something about it, which implies to me, what are they gonna do?
A legislate hiring?
This guy is making me angry every time I hear him open his mouth.
Yeah, I know.
He talks about it's terrible that these companies are becoming more productive.
They're able to produce more with less.
So what does he want?
A bunch of people sitting around working slowly?
Well, then the company doesn't make any money.
When you hear comments like that from him, it's an indication that he has absolutely no concept of how any business operates or why any business would make any decision.
Well, why wouldn't he have that concept?
Let's start with the fact that he's not spent a day of his life creating anything.
He's never been in business.
He doesn't have any idea how any of this works.
His experience consists of sitting around with a bunch of other smart people at Harvard or at the University of Chicago and figuring out ways in which they can talk about the grand role of government and all of this and equalizing income.
He doesn't know how businesses work.
If he owned his own business, if Barack Obama was the president of Barack Obama Incorporated, would he sit around and say, you know, I'm not going to have my workers be productive.
I'm going to hire a lot of people and encourage them only to do a little so I have a massive workforce without profits.
Of course he wouldn't think that way.
And if government then told him Barack, we're going to take 50% of your income, we're going to tax you to death if you make any money, would he put his own money at risk?
No, he wouldn't.
That little basic economics analysis that I gave you is deeper thought than he's ever given to the question of job creation.
He thought that if we just let Nancy Pelosi and Harry Reed throw money all over the country with a stimulus bill, throw it out there, that you'd have all this economic activity and I could walk away the hero.
He's in chapter two of what he thought was going to be a one-chapter book.
He was so confident that this was going to work, because after all, liberal Keynesian economists always believe that when you have a slow economy, you have government stimulating things.
So now he's out there with a problem that he doesn't know what to do about.
He doesn't have another trillion dollars for a second stimulus.
He'd be the laughing stock if he tried to propose it.
So he's out there pretending that he cares, and we've got an economy that you and I are living in that right now is very, very flat.
When the best news of the year is we didn't lose as many jobs as we thought we were going to lose.
That's not a sign of any kind of a turnaround.
I'm Mark Belling sitting in for Rush Limbaugh.
I'm Mark Belling sitting in for Rush Limbaugh.
You're probably hearing all of those commercials about buying gold.
I happen to think it's a good idea.
I've been ranting and raving about gold myself for a couple of years.
One of the reasons why gold is going up is because the dollar keeps going down.
We have an enormous federal budget deficit right now.
The only way that it's going to go down is if tax revenues go up because of economic growth.
And nobody's seeing any of that.
How are we going to pay off this debt?
There's real concern for the first time in a long time about the stability of the American dollar.
When you see foreign countries dumping dollars to buy gold, that's not a ringing endorsement of confidence in the American economy.
The president, in his request the private sector to create more jobs, seems to think that by asking them nicely they will do it.
The flaw here is this.
When he had the opportunity to get the government involved in the economy, he came up with a plan that was supposed to create jobs, but the plan had a fatal flaw.
And that is that not all jobs are created equal.
A government job is fine for the person who has it, but it doesn't do anything for the overall economy.
A job in the private sector is a job that results in dollars being expanded and turned over and creates even more dollars.
If someone is hired by government, the salary is paid for by taxpayers.
There's no net gain in anything.
I give my my share of the money to the guy who's working for government.
When someone is hired in the private sector, that company is trying to grow its own business.
You don't hire someone because you're nice, you hire someone because you believe you will do more business as a result of that person being there than the salary that that person has to be paid.
It's the only reason to hire someone.
You need that person so you can make more money.
If that's successful, and the company makes more money, the company is going to turn that money into profits, somebody's going to spend it, or the company is going to put the money back into its own operation and hire more people, buy out a competitor, expand, open a new product line.
That's how economies grow.
When all of the money goes into government, and that's where almost all of stimulus went.
Go to this school district to hire this teacher, go to this social service agency to hand, you know, so somebody else can counsel someone on some issue.
None of that created anything.
There's no growth in the economy from that at all.
If you simply got government out of the way, lowered taxes, and let us all try to roll up our sleeves and make money, there would be growth.
But that approach is anathema to a crowd that can't stand it whenever anyone does make money.
Let's go to Kingsport, Tennessee.
Chris, it's your turn on the Rush Limbaugh program.
Hey, Mark, thanks for having me.
Thank you.
Uh I just wanted to make a point and ask uh ask a question.
Uh, you know, I'm an Obama supporter.
I voted for the president.
And uh but I'm less than impressed uh with what they've done with the economy so far.
I think that all this money, eight hundred billion dollars or trillion dollars or whatever it is, something insane like that, um, would have been better served had they just divvied up the money equally among everyone that filed a tax return the year prior and just sent the money back to the people.
Because then you would have had people uh not everybody, but most people uh would have had the means to pay their way out of debt.
Uh a lot of people would have done things like take vacations, go shopping, increase revenue for businesses, and as a result, when businesses see an increase in revenue, a consistent increase in revenue.
Chris, let me ask you a question.
You know more about the economy and how the American public handles its money than the president of the United States.
You've just given a basic explanation of why supply side economics works even better than talking about what you what you're you would do, I'd lower the tax rates permanently so that more people would have more money in their pockets.
The more money that corporations and Americans, including rich people have, the more money we're going to put to work somewhere in our economy.
If you know here's my here's my question.
If you know all of that, why did you vote for Obama?
Well, at the point in time, I honestly believe that uh we there was the c the country, it was obvious that the country needed something.
It needed something different, it needed some kind of change.
It needed some kind of thing.
Yeah, well, fine.
Here's the change we got.
We got a government that decided that it was going to be in charge of all things.
We had a government that took a look at the fact that we were in a recession caused largely by a contraction in the credit markets, which was caused largely by the housing market going bonkers because liberal Democrats pressured Freddie Mac and Fannie Mae to make a loan to everyone.
And we responded to all of this by going on this massive binge of printing money and throwing money around, carpet bombing the country to everybody who had a handout, and we've done nothing to create any jobs at all.
Your understanding of this indicates that you're a fiscal conservative, whether you know it or not.
The problem with the president is I don't think he's thought it through to the level that you're talking about.
You mentioned an individual if he got the money, well, you pay off your debt or maybe you go take a vacation or something.
Imagine if a corporation had its tax burden reduced by one point five million dollars, or two million dollars, or three million dollars, or four million dollars.
It can only do one of two things.
It can either put that money back into the company or it can distribute the funds to the shareholders in the form of a dividend, meaning those individuals then have the money.
That's basic stuff.
That's how you jumpstart an economy, not by doing a top-down as they did it.
So the president's now looking for these ideas.
You just gave him one, I'm giving him one.
He doesn't want to hear them because he in the end is still a class envy soak the rich kind of guy.
Unfortunately, he doesn't have a Republican Congress to serve as a buffer against what's he what he wants to do, which is why we're in a recovery that isn't really much of a recovery.
My name is Mark Belling sitting in for Rush.
I'm Mark Belling sitting in for Rush Limbaugh.
You know, that last caller was fascinating.
Voted for Obama, yet he and I'm not even sure he even knew it, essentially gave us a twenty-five-second presentation on supply side economics, on allowing the American public to keep more of its money.
I think he was talking about a rebate, but whether it's a rebate or a tax cut or whatever.
The bottom line is that if the American people have more money in their own pockets and businesses have more of their own money in their own pockets, they're going to do something with it.
It is a failure of many of us on the conservative side that that guy didn't know that he's a conservative.
Jacksonville, Florida, and Brian, Brian, it's your turn on the Rush Limbaugh program.
Thanks for taking my call, Mark.
Thank you.
I gotta tell you, for uh for a substitute teacher, you're doing very incredibly well.
Yeah, I've got three hours though.
I can still screw it up.
What's on your mind, Brian?
Right up against the end of the hour.
Um, the uh the other the other aspect of this thing is to look at at who Obama's surrounding himself with.
Big union guys.
And look at the business model of a union.
I'm gonna try to get this point across, but you look at a regular company, They make profit by providing a service or a product and doing it and and covering all their costs and having profit left over.
And the alternative is?
Well, no.
Look at what a how a union how a union makes money is to try to do it.
Uh I I wish Brian had more time to make his point.
If I could summarize it, if you want to find companies that are in trouble, it are those that it is those that are unionized.
And when you're talking about getting companies to hire people, maybe the first thing we ought to do is drop the threat of passing card check, which is terrifying all of those employers.
▲
Export Selection