Speaker 1: It's nice Eyes with Danny undoing you Crazy Boston's news Radio.
Speaker 2: By the way, it's some interesting statistics on tariffs. Total
Speaker 2: revenue from tariffs, if you go back to nineteen sixty two,
Speaker 2: they were relatively insignificant ten billion dollars, and they stayed
Speaker 2: well within the realm of inflation until Donald Trump became
Speaker 2: president in twenty seventeen, and tariffs did spike up during
Speaker 2: Trump's presidency, and then they dropped down when Joe Biden
Speaker 2: came into office in twenty twenty four. Seventy seven billion
Speaker 2: dollars in traffic in tariffs was raised this but at
Speaker 2: this point in twenty in twenty twenty four, tariffs or
Speaker 2: custom duties which is a synonym for tariffs, make up
Speaker 2: only about one point five percent of federal revenue. So
Speaker 2: income taxes about two point four trillion, payroll taxes about
Speaker 2: one point seven trillion, corporate income taxes about five hundred
Speaker 2: a billion or a half a trillion, excise taxes one
Speaker 2: hundred billion, a tenth of a trillion, and then again
Speaker 2: if you add in customs, but one point five percent
Speaker 2: of federal revenue. Okay, but it will have an impact
Speaker 2: on things we buy because when those strawberries are brought
Speaker 2: across the border, there will be a tariff that the
Speaker 2: importers will have to pay, and they're going to pass
Speaker 2: that on to people like you and me, and it's
Speaker 2: going to have an impact on us. And I think
Speaker 2: that those of us should be smart and if if
Speaker 2: there's a product that you cannot that goes up dramatically,
Speaker 2: I mean, you know, we got to be smart as
Speaker 2: a country as well. Meaning if all of a sudden,
Speaker 2: strawberries jump from five or six dollars a pint to
Speaker 2: ten dollars a pint, I'm not Brian strawberries. I'm sorry.
Speaker 2: I'm sorry. I'll double down on bananas, uh Or I'll
Speaker 2: find some other fruit that I'll put on my awake
Speaker 2: in one Indy every morning. Right now, it's strawberries, blueberries,
Speaker 2: and bananas. But if strawberries are out, I'll buy some
Speaker 2: frozen strawberries or something. I watch my money at the
Speaker 2: grocery store, and I think all of us have to
Speaker 2: watch around money now. I got one line at six one, seven, two, five,
Speaker 2: four to ten thirty. I got two lines at six one, seven, nine,
Speaker 2: three one ten thirty. We're trying to get jury action
Speaker 2: to what the President had to say today, and let's
Speaker 2: go to cut seventeen. Here rob one more SoundBite from
Speaker 2: the president that Maria was kind enough to This is
Speaker 2: a little history from the president. So let's take this
Speaker 2: one of the greatest salt Cut seventeen Rob.
Speaker 3: Seventeen eighty nine to nineteen thirteen, we were a tariff
Speaker 3: backed nation in the States, was proportionately the wealthiest it
Speaker 3: has ever been. So wealthy, in fact, that in the
Speaker 3: eighteen eighties they established a commission to decide what they
Speaker 3: were going to do with the vast sums of money
Speaker 3: they were collecting. We were collecting so much money so fast,
Speaker 3: we didn't know what to do with it.
Speaker 4: Isn't that a.
Speaker 3: Nice problem to have? What do you think, Marco? Good problem?
Speaker 3: Marco would love that problem. But we don't have that
Speaker 3: problem anymore. But we're not going to have it very
Speaker 3: much longer, I will tell you. But they collected so
Speaker 3: much money they actually formed a commission to determine.
Speaker 2: What they were going to do with the money, who
Speaker 2: they were going.
Speaker 3: To give it to, and how much. Then in nineteen thirteen,
Speaker 3: for reasons unknown to mankind, they established the income tax
Speaker 3: so that citizens, rather than foreign countries would start paying
Speaker 3: the money necessary to run our government. Then in nineteen
Speaker 3: twenty nine, it all came to a very abrupt end
Speaker 3: with a great depression, and it would have never happened
Speaker 3: if they had stayed with the tariff policy, it would
Speaker 3: have been a much different story. They tried to bring
Speaker 3: back tariffs to save our country, but it was gone.
Speaker 3: It was gone.
Speaker 2: It was too late. Nothing could have been done. Yeah,
Speaker 2: the Teriff Act of nineteen thirty, the Smooth Holly Tariff
Speaker 2: Act or the Holly Smooth Tariff Act, whichever you prefer,
Speaker 2: was implemented in protectionist trade policy, and it didn't quite
Speaker 2: work out that Well, let's put it like that. Let's
Speaker 2: get back to the call. It's going to go to
Speaker 2: Tina in soccer worod Island, Tina your next night.
Speaker 5: I go ahead, yes, Hi Dan. I don't like it.
Speaker 5: I don't like it at all. This policy of his
Speaker 5: putting America first. If he thinks that we're going to
Speaker 5: get manufacturing and jobs back right away, well he's got
Speaker 5: another thing coming. And it's what he's doing right now
Speaker 5: is causing so much chaos instability, and that shows up
Speaker 5: in the market. I mean, when you just I don't
Speaker 5: understand tariff I know they're complex, I know that, but
Speaker 5: I still think that this America first to put us
Speaker 5: back number one. Oh, my hot bleeds for him, my
Speaker 5: hot bleeds for this country. I mean, there are so
Speaker 5: many other nations that are doing us wrong. I mean,
Speaker 5: I just don't buy it. If you want to do things,
Speaker 5: you have to do it the right way. He's doing
Speaker 5: things too fast, and it's not going to happen been fast.
Speaker 5: Somebody needs to take to talk to him and sit
Speaker 5: him down and shake him up.
Speaker 2: Okay, So let me ask you this, Tina, what do
Speaker 2: you say to the auto workers in Michigan, and there
Speaker 2: were a lot of them sitting in the audience today,
Speaker 2: listening and cheering the president. What do you say to
Speaker 2: the auto workers who have seen their industry really hot,
Speaker 2: by really hurt by cheap overseas competition automobiles coming into
Speaker 2: the country. What do you say to those those employees
Speaker 2: and those families.
Speaker 5: Well, what I say is that Americans or anybody else,
Speaker 5: if they feel that they want to buy a car
Speaker 5: that's better than an American made car, then they have
Speaker 5: that right to do that. And that's not the only
Speaker 5: factor why those auto workers.
Speaker 2: Well, the problem, Yeah, the problem is that the foreign
Speaker 2: cars are not necessarily that's sort of a jactive judgment.
Speaker 2: What happens is they can manufacture cars in Mexico cheaper
Speaker 2: than they can manufacture cars in America, and in large
Speaker 2: part because they paid workers less in Mexico than they
Speaker 2: do union workers in America. That's that's a problem because
Speaker 2: it when you have high unemployment in the state like
Speaker 2: Michigan because car carb manufacturing jobs have gone away. I
Speaker 2: think that's that's what he's concerned is right now. And
Speaker 2: I don't think that's.
Speaker 5: It's not going to happen right away. This is going
Speaker 5: to take years, years to do, and you can ruin
Speaker 5: the country by what he's doing.
Speaker 6: I hope it works out too.
Speaker 5: There's just too much against it. It's happening too fast.
Speaker 5: That's how I see it.
Speaker 2: Well way. Someone once said, and I'll ask you this question,
Speaker 2: when is the best time to plant a tree?
Speaker 5: The best time to plant a tree, when you have
Speaker 5: the soil, when you have the seed, when you have
Speaker 5: the right temperature, the right time.
Speaker 6: I'll tell you.
Speaker 2: I'll tell you what the real answer is. Yesterday. Maybe
Speaker 2: you want to at some time some day you have
Speaker 2: to start off. And if you're going to try to
Speaker 2: rebuild American you know, automobile manufacturing, at some point you
Speaker 2: get to start. And he's whether you know it's going
Speaker 2: to take too long as you suggest. We'll have to see.
Speaker 2: I hope he succeeds. I'm as skeptical as you are,
Speaker 2: but I hope he succeeds. Why wouldn't I hope he succeeds.
Speaker 2: All Right, thanks Dina.
Speaker 5: Talk, You're welcome.
Speaker 2: Have a great night. All right, one line six, one seven, two, five, four,
Speaker 2: ten thirty back you know, talking about Michigan. Let's go
Speaker 2: to Michigan right now. Jerry's in Michigan. Hey, Jerry, you
Speaker 2: got a Michigan perspective here. How are you tonight?
Speaker 7: Yeah, I'm doing good, Dan say, I'm I'm from the
Speaker 7: southeast portion of Michigan, although that's where I was. I'm
Speaker 7: retired up in northern Michigan now. But the fellah the
Speaker 7: previous hour he was talking about his his Fords being
Speaker 7: built in flat rock and all that. Well, his Ford
Speaker 7: engines are more likely building in Windsor, and uh Ford's
Speaker 7: been building them over there for years as long as
Speaker 7: I can remember. I'm I'm over seventy years old. When
Speaker 7: I was when I was a teenager, that was there
Speaker 7: were two engines I believe that were made over in Canada,
Speaker 7: that Ford Ford US. So I'm sure those are going
Speaker 7: to get tariff and and put in. And my my
Speaker 7: engine today that I have is made in Germany. My
Speaker 7: my engine and transmission is in Germany. My car is
Speaker 7: built in Tuscaloosa, Alabama. So uh, that's the that's the MB.
Speaker 2: So my question, I'm more interested as opposed to where
Speaker 2: your car is from. As a guy from Michigan, what
Speaker 2: do you think about what the President had to say today.
Speaker 2: I'm assuming that a lot of people in Michigan would
Speaker 2: be cheering him.
Speaker 7: Well, they're they're going to for a while until they
Speaker 7: go down to the dealership and they find out that
Speaker 7: their car is another twenty or thirty percent more than
Speaker 7: it was, and then they're going to turn around and
Speaker 7: take their old car back home, even though the price
Speaker 7: of that that used car is going to it's going
Speaker 7: to spike up as well. But there I think you
Speaker 7: know as well as I do that loans on new
Speaker 7: cars have gone out to what eight and ten years?
Speaker 7: I pay cash for all mine. I've never bought a
Speaker 7: car on time for as long as I can remember.
Speaker 7: But folks today they can their loan on their cars
Speaker 7: almost like their loan on their home.
Speaker 2: Yep, I understand that. I do understand that. So so
Speaker 2: you then think he made a mistake today, I assume.
Speaker 7: Oh, absolutely absolutely.
Speaker 2: Why do you think? Okay, so, so, why do you
Speaker 2: think he's doing this?
Speaker 7: Well, he's doing it for what we were talking about
Speaker 7: last night. Okay, I didn't I didn't talk to you
Speaker 7: last night. But last night he was trying to figure
Speaker 7: out how he was going to get his third term.
Speaker 7: And I think that that argument is pretty much subtled today.
Speaker 7: If you really want my honest.
Speaker 2: Opinion, well, my honest opinion is that is that when
Speaker 2: he talks about a third term, he's trolling the Democrats.
Speaker 2: I mean, he really knows he's he's living rent free,
Speaker 2: and a lot of the Democrats head with stuff like that.
Speaker 2: I mean, he reads the Constitution as well as anybody.
Speaker 2: I think it might have been House Speaker Mike Johnson
Speaker 2: was asked about that today and he had a fairly cryptic,
Speaker 2: cryptic response. Let me see if I can find what
Speaker 2: Johnson said, which I thought was pretty good. Ale Yeah,
Speaker 2: here we go. Rob. This is cut number two. Play
Speaker 2: this one for my friend Jerry and Michigan. Cut number two.
Speaker 2: This is Mike Johnson being asked about a legal path
Speaker 2: for President Trump to run for a third term. Cut two.
Speaker 8: President Trump this week, in an interview with my colleague
Speaker 8: Christen Walker, said that when he repeatedly brings up the
Speaker 8: idea of running for a third term, that he is
Speaker 8: not joking. You are a constitutional law expert. Is there
Speaker 8: a legal constitutional path for him to seek a third
Speaker 8: term and would you support him if he went down
Speaker 8: that road?
Speaker 9: Well, I just told everybody to read the Constitution. There's
Speaker 9: the constitutional paths that you have to amend the Constitution
Speaker 9: to do it, and that's a high bar.
Speaker 10: You know.
Speaker 9: The President and I have talked about this, joked about it.
Speaker 9: He's joked about it with me on stage before, you know,
Speaker 9: we take him at his word. I understand why so
Speaker 9: many Americans do wish that he could run for a
Speaker 9: third term, because he's accomplishing so much in this first
Speaker 9: one hundred days that they wish it could go on
Speaker 9: for a much longer. But I think he recognizes the
Speaker 9: constitutional limitations, and I'm not sure that there's a move
Speaker 9: about to him in the costume.
Speaker 2: Yeah, so that's the speaker of the house. He's basically
Speaker 2: saying chances of slim and none, and slim just left down.
Speaker 7: Yeah, well that's what I'm saying. It's pretty much pretty
Speaker 7: much put to bed today. And as far as the
Speaker 7: stock market goes, I'm heavy in the stock market, although
Speaker 7: at my age I shouldn't be, but but I am.
Speaker 7: And the stocks are traded twenty four to seven somewhere
Speaker 7: in the world.
Speaker 4: Yep.
Speaker 2: Yeah, Yeah. The NK is having a tough It's kind
Speaker 2: of like one of those waves at the ballpark. You know,
Speaker 2: there are people in the by the third bay side
Speaker 2: of the bleacher started and it goes round and round
Speaker 2: and round until it finally Peter's out. So I think
Speaker 2: that the market, the n K over Japan is having
Speaker 2: a tough day. And I said, I think we'll have
Speaker 2: a tough day in the market tomorrow as well. Jerry
Speaker 2: is always will kill you voice.
Speaker 7: I'll hit England, Ill hit England in the morning as well.
Speaker 7: Like I say, it just ripples right right around, just
Speaker 7: like a wave out in the ocean. And the other
Speaker 7: thing is is you and you and I are different.
Speaker 7: By by a day. As far as the tree goes,
Speaker 7: the right time to planet a tree is today. We
Speaker 7: just lost a whole bunch of them up here. We
Speaker 7: had between a half and three inches of ice storms.
Speaker 7: We've got one town up here that's eighty five percent
Speaker 7: shut down by the ice storms that we had up
Speaker 7: here in northern Michigan. It's just it's been I was
Speaker 7: without power here for the last four days and it's
Speaker 7: so nice to have it back. So I know I'm
Speaker 7: off track, So thanks Dan for that.
Speaker 2: All right, Thanks Jerry, talk soon, have a great night night.
Speaker 7: Yep.
Speaker 2: Six we got two lines there, that's what's the only
Speaker 2: lines that are opened, six one, seven thirty. Fill them
Speaker 2: up back right after this, I got Matt and Florida,
Speaker 2: Brian and East Boston and Steve and Mary McK new Hampshire,
Speaker 2: and we got some room for you coming back on
Speaker 2: night Shide.
Speaker 1: With Dan Ray on Boston's news radio.
Speaker 2: All right, we're going right back to the phones, and
Speaker 2: I'm going to go to Matt and Florida. Matt, you
Speaker 2: were next one night Side.
Speaker 11: Welcome, Hi Dan, thanks for taking the call, said.
Speaker 2: You're very welcome that I appreciate your call. I mean,
Speaker 2: what's your take on what happened today.
Speaker 10: I just I'm not trying to get rude or like
Speaker 10: a tough guy phone call, but you know, these people
Speaker 10: calling off freaking out about the stock market. If you
Speaker 10: can't take a twenty percent swinging in the stock market,
Speaker 10: you shouldn't be in stocks. You shouldn't be in anything
Speaker 10: other than putting.
Speaker 11: Money under your mattress.
Speaker 10: So, I mean, this happens with every president. It just
Speaker 10: makes me want to puke, and it just shows how
Speaker 10: stupid Americans are that, you know, for four years you
Speaker 10: have this idiot in the White House who's like a corpse,
Speaker 10: and everyone can't wait to get rid of him. And
Speaker 10: then you get Trump and everyone's like, oh, this is
Speaker 10: the revolution and this is great. And then yeah, I
Speaker 10: know two months later, Oh he doesn't know what he's doing.
Speaker 10: It's just we need to stick together. Trust the guy
Speaker 10: who's got to and you know, this is what he's
Speaker 10: been wanting to do. This is his long held belief.
Speaker 10: He thinks Taris is gonna fix it. Then let's uh,
Speaker 10: you're gonna wait and you know, uh, see what happened.
Speaker 10: Everyone just oh, stop, pocket's going down. So we got
Speaker 10: to get rid of them. It's like it's asinine.
Speaker 2: It's there's nobody that I've heard tonight.
Speaker 10: Everybody tonight has been called that one lady, she's gonna
Speaker 10: have a stroke about all the markets are down?
Speaker 6: Are the markets that go.
Speaker 10: Up and down every day? It doesn't make a difference.
Speaker 10: You know, take a wide shot of the stock Market's
Speaker 10: where's it go It goes up. Stock market's gonna be fine.
Speaker 10: So everyone needs to just chill out. And everything that
Speaker 10: Trump has done, everyone said, is going to fail miserably,
Speaker 10: and it does the compute opposite. So you know, let's
Speaker 10: give us about four to six months and then see
Speaker 10: where we are. But I know you've got a talk
Speaker 10: show to do tonight, and I know every day is
Speaker 10: a different show and every day is a new day.
Speaker 10: But can can we relax please? Uh? Just generally speaking,
Speaker 10: because people are insane. It's just the stock market thing
Speaker 10: Dan drives me in Spain.
Speaker 2: Well, that's that, whether you like it or not, that's
Speaker 2: an element that does upset, uh, some people. The market's
Speaker 2: going to take a big hit tomorrow. Okay, It's as
Speaker 2: simple as that.
Speaker 10: And you know if you in six months and yeah.
Speaker 6: And.
Speaker 2: Sometimes it goes down, it takes more than six months
Speaker 2: to come back. But look, everybody has a different point
Speaker 2: of view here, man, and that's what what they talk about,
Speaker 2: you know, and and you get right, you can know
Speaker 2: what I'm saying.
Speaker 12: You.
Speaker 2: I always appreciate your comments, and I think it was
Speaker 2: interesting tonight. We've had some Trump supporters who said, I'm
Speaker 2: a little getting a little concerned about this. You're not,
Speaker 2: You're you're you're with them, And so I think let's see,
Speaker 2: as you just said, let's see where it is six
Speaker 2: months or no. I will tell you this, he's got
Speaker 2: a runway of about a year here. Uh. If this
Speaker 2: no about it, If if this turns out well for him,
Speaker 2: he will become literally, uh, one of those presidents who
Speaker 2: will be considered transformative. I said earlier. He'll be like Reagan,
Speaker 2: uh and how he basically outspent the Soviet Union. He'll
Speaker 2: be like Roosevelt in the New Deal. He'll he'll be
Speaker 2: like Obama and his signature, you know, Obamacare of American Care, right,
Speaker 2: and this will be his signature. There's a lot of
Speaker 2: presidents out there. Tell me something that Millard Fillmore did
Speaker 2: that was significant. I mean, so I just think that
Speaker 2: that he's he's basically saying I'm all in.
Speaker 13: He's right, and.
Speaker 10: It's a gamble. I mean, absolutely, it's a gamble. But
Speaker 10: you know he deserves the gamble because he got elected,
Speaker 10: you know.
Speaker 2: Oh yeah, but again, that's what it's all about. I mean,
Speaker 2: it's like, look, yesterday people were ready that you jump
Speaker 2: off buildings because the Red Sox were one, and for
Speaker 2: tonight they shut the Orioles out three nothing. So all's
Speaker 2: right with the world, you know. And I think that's
Speaker 2: the The Red Sox will like the stock market too.
Speaker 2: They win to in a row and everybody thinks, get
Speaker 2: the duck boasts. They lose to in a row and
Speaker 2: people that ruined my summer, So you know that's people
Speaker 2: are emotional, Matt, simple, Yeah, I love your passion. You
Speaker 2: know that. You know that, and.
Speaker 10: No, no, I know it. I just that's that just
Speaker 10: triggers me. The oh my god, oh.
Speaker 2: Come on, yeah, you're a tough guy. You're not supposed
Speaker 2: to be triggered. That's that's the folks on the other
Speaker 2: side who get triggered, Matt.
Speaker 10: Come on, all right, right, yeah that's true.
Speaker 2: All right, all right, thanks Matt, talk to you soon.
Speaker 2: How's the weather down there, he's probably gone. I missed him. Okay,
Speaker 2: I was hoping he's gonna tell me the weather was horrible.
Speaker 2: But I'm jealous. I'm simply jealous of people who get
Speaker 2: to live in Florida year round. Okay, we're gonna try
Speaker 2: one more. I think, here, Rob, one quick SoundBite. I
Speaker 2: don't to short change Brian, who's going to be next.
Speaker 2: Let me look at what the President said today that
Speaker 2: might be of relevance to the group tonight. Here we go.
Speaker 2: Let's let's try cut twenty one, please, Rob, cut twenty
Speaker 2: one Trump talking about President Trump talking about the the
Speaker 2: European Union.
Speaker 3: European Union, they're very tough, very very tough traders. You know,
Speaker 3: you think of European Union, very friendly.
Speaker 2: They rip us off.
Speaker 3: It's so sad to see, it's so pathetic. Thirty nine percent.
Speaker 3: We're gonna charge them twenty percent, So we charge you
Speaker 3: can essentially have Vietnam. Great negotiators, great people.
Speaker 4: They like me.
Speaker 2: I like them.
Speaker 3: The problem is they charge us ninety percent. We're gonna
Speaker 3: charge them forty six percent tariff.
Speaker 2: The numbers, the numbers. We'll be back on Night's side
Speaker 2: right after the news. At the bottom of the raw
Speaker 2: by name's Dan Ray. Here comes. I think Dan Watkins
Speaker 2: is manning or staffing the newsroom tonight.
Speaker 1: It's Night Side with Dan Ray on Boston's news radio.
Speaker 2: Back to the call as we go. Where we're going next.
Speaker 2: We're going to Brian and East Boston. Hey, Brian, you're
Speaker 2: next time. Nice. I appreciate you calling in your your
Speaker 2: thought and what the president announced today.
Speaker 4: Good evening, Dan, I thought you forgot about me.
Speaker 2: I'm sorry, man, I'm sorry. Everybody's everybody's looking for like
Speaker 2: five minutes, so go ahead.
Speaker 4: Okay. Well, this is the thing. Tariffs don't work. And
Speaker 4: I think the last time that ever happened was during
Speaker 4: I believe, correct me if I'm wrong, if it was
Speaker 4: during the Mchilly era presidency.
Speaker 2: During the Hoover's era, just before the old Hawley tariff
Speaker 2: back in nineteen thirty, just before the Great Depression hit depression.
Speaker 11: Yeah.
Speaker 10: Yeah.
Speaker 4: But the other thing is this, Uh we had Papa
Speaker 4: Bush what that NAFTA bill, which is that not the
Speaker 4: Me and Treat trade for That.
Speaker 2: Wasn't That wasn't Papa Bush. That was Bill Clinton, my friend.
Speaker 4: Well he signed it and pushed it through.
Speaker 2: But no, Clint, now, no, excuse me, excuse me. I'm
Speaker 2: this is one I'm very much familiar with. This was
Speaker 2: Bill Clinton and Nuke Gingrich who pushed the NAFTA bill through.
Speaker 2: And as a matter of fact, if Bush, if either
Speaker 2: one of the Bush had been president, the unions would
Speaker 2: have fought them back in the day. But because it
Speaker 2: was the Democratic president, the unions kind of went along
Speaker 2: with it, and I think they regretted that decision because
Speaker 2: the Democrat was in the White House. I'm not joking
Speaker 2: with you, and anybody wants to check it out, you know, uh,
Speaker 2: you go right ahead. I mean, if you really think
Speaker 2: it was Bush, it wasn't Bush. It really you know,
Speaker 2: I can criticize Bush on a whole bunch of things.
Speaker 2: That's not one of them.
Speaker 4: The well that uh that that sents all our industry
Speaker 4: out of the country and you're never going to get
Speaker 4: that industry back.
Speaker 13: Yet.
Speaker 4: A lot of those old timers, like my father worked
Speaker 4: in the shoe factory for all those years. You know,
Speaker 4: they worked, they were hard, and there was you know,
Speaker 4: they supported the family and all that. I remember there
Speaker 4: was a building. Now it's uh, they're turning into a hotel.
Speaker 4: They used to The woman worked as seamstresses. There is
Speaker 4: when I was a little boy, and you know, you're
Speaker 4: never going to see those jobs ever come back here.
Speaker 4: I mean it's you know, that should have never happened,
Speaker 4: and you know, and it's just so sad, you know,
Speaker 4: you how we lose industry like that, you know.
Speaker 2: Yeah, well that was like I agree with you.
Speaker 4: Yeah, that was all like back in the day when
Speaker 4: World War Two took us out of the depression because
Speaker 4: they stopped manufacturing cars and the assembly lines we used
Speaker 4: to make tanks. It was right there in some of
Speaker 4: all the Model t Ford, the uh Subody Square Mall.
Speaker 4: It was the factory back in the day to make cars.
Speaker 4: But then they switched over to make tanks for the WAW.
Speaker 11: Yeah.
Speaker 2: By the way, I just I want to amend my comments. Okay,
Speaker 2: there were negotiations, uh you know which which laid the paved,
Speaker 2: laid the foundation for US Canada trade, US Mexico trade,
Speaker 2: and then eventually NAFTA. But I'm looking at video right
Speaker 2: now of Bill Clinton remarks on the signing of the
Speaker 2: NAFTA implement Implementation Act December eighth, nineteen ninety three. And
Speaker 2: and I think the unions regret that they did not
Speaker 2: fight that harder. Yeah, yeah, than they would have they
Speaker 2: had a Democratic president, and I think that Clinton assuaged
Speaker 2: them and said, hey, it's going to be okay. And
Speaker 2: I think it was. I think it was devastating in
Speaker 2: my opinion.
Speaker 4: Yeah, it was. It was to a lot of old
Speaker 4: time as you know, back then. Yeah, a lot of
Speaker 4: them had the aids to retire, and you know, and
Speaker 4: some of them didn't. And you know, it's just it's
Speaker 4: just so so sad that what we go through in
Speaker 4: this in our country, you know, like that, you know, yeah.
Speaker 2: Let's let's let's just see what happens here. I hope,
Speaker 2: for for everyone's good benefit, that Trump succeeds here. But
Speaker 2: but I got a lot of questions because I I
Speaker 2: just would love to know who, uh, the Democrats are
Speaker 2: not going to support anything that Donald Trump proposes, okay,
Speaker 2: And but there's a lot of Republican you know, of
Speaker 2: economists who are not happy about this. This this is
Speaker 2: not a pure Democrat Republican split. And it's almost Donald Trump.
Speaker 2: And you may agree with me or not. Did you
Speaker 2: see who was sitting in that audience today, A lot
Speaker 2: of you, a lot of you a union guys. Yeah,
Speaker 2: the one person. So this is this is Trump kind
Speaker 2: of taking the the Republican Party and becoming a little
Speaker 2: bit more significantly more populist, and kind of biting politically
Speaker 2: into that group that traditionally unions that traditionally have supported
Speaker 2: the Democratic Party. So there's a lot going on here.
Speaker 2: There's a lot of moving parts.
Speaker 4: Yeah, that was just like back in the day they
Speaker 4: had Alan greenspand genius. He was the one that was
Speaker 4: under four or five presidents even under Clinton. The friend
Speaker 4: of mine goes, oh, there was a lot of money
Speaker 4: when Clinton was around.
Speaker 13: No, it wasn't him, it.
Speaker 4: Was green Span That's the reason why there was money
Speaker 4: around because great, he was a brain. That guy. He's
Speaker 4: still alive. He's all hunched over now.
Speaker 2: But yeah, married to Andrea Mitchell's.
Speaker 4: Right, Andrea Mitchell.
Speaker 13: Yeah.
Speaker 4: And a one more thing I want to tell you
Speaker 4: that Dan back in the day, nineteen eighty five, what's
Speaker 4: his name Biden did that and he made Reagan sign
Speaker 4: off on that bill about not being able to double
Speaker 4: dip your Social Security. We pay into that. It's fiker
Speaker 4: whether you pay a weekly off. I paid, you know,
Speaker 4: twice a month, whatever, But we paid into that while
Speaker 4: we were working the payroll tax for social Security for
Speaker 4: later on down the road. And then Reagan signed it
Speaker 4: in eighty five, signed off on it eighty five, and
Speaker 4: that's when more or less you couldn't double deep.
Speaker 2: Well, it was Reagan, and look, look it was Reagan
Speaker 2: and Tip O'Neil that did that so called reform. And
Speaker 2: what it said was, unfortunately, someone like you who might
Speaker 2: have worked ten years in the private sector, uh, if
Speaker 2: you had a government pension, you were precluded from so
Speaker 2: called double dipping. That has finally been corrected, and it's
Speaker 2: been corrected, you know, in the last last few last
Speaker 2: year or so. So yeah, that's that's a good thing. Brian,
Speaker 2: got a run. I'll talk to you, Brian. Brian, you
Speaker 2: know what you go. You've gone seven minutes, You've gone
Speaker 2: longer than anybody else. And I get people who are
Speaker 2: waiting even longer than you waited. So I got a run.
Speaker 4: Okay, Dan, the notch babies you remember hearing about that.
Speaker 2: Yeah, Brian, have a great night. We'll talk. Thanks very much.
Speaker 2: Let me go next to Steven Merrimack, New Hampshire, Steve
Speaker 2: shooting next on nights Side.
Speaker 11: Hey, Dan, thanks for taking my call.
Speaker 2: I wanted to get you in here before the break.
Speaker 2: Despite Brian, I had a.
Speaker 6: Couple of points.
Speaker 11: Number one, your spat on on your analysis. I agree
Speaker 11: with exactly everything you said completely. I did watch that
Speaker 11: four o'clock announcement, and he made a very convincing argument
Speaker 11: that I didn't realize how bad things were until he
Speaker 11: started throwing out the numbers. You know, I guess I
Speaker 11: am a numbers guy, but you know, there's a lot
Speaker 11: of these countries are taking advantage of us. Essentially, it's
Speaker 11: about fentanyl and bringing back manufacturing. And what I see
Speaker 11: is going to happen in all these countries, some of
Speaker 11: them are going to cave, and you only need a
Speaker 11: couple the cave and then all the others are going
Speaker 11: to fall into line. That's the way I think it's
Speaker 11: going to go down, and it will probably take about
Speaker 11: five or six months. I don't see this going anywhere
Speaker 11: close to the fall, probably as late as August, but
Speaker 11: I do believe that they're going to cave on it,
Speaker 11: and I think that we're gonna win. When you have
Speaker 11: a trade in balance, things are gonna you know, we're
Speaker 11: at an advantage because they need to sell it to us.
Speaker 11: When Nixon opened them up the door to China. They
Speaker 11: should have slammed the door shut, because that's what caused
Speaker 11: a lot of our problems. As far as I'm concerned,
Speaker 11: I do remember that very well.
Speaker 2: Yeah, I'm sure Nixon, with Nixon and kissing, you were
Speaker 2: looking at it as a market. I think at that
Speaker 2: point China might maybe had a billion people, and they
Speaker 2: looked at it as another market. But obviously that was
Speaker 2: a country that they believed that they could turn the
Speaker 2: hardcore Chinese communist government into a democratic society. That just
Speaker 2: hasn't happened, and it's not going to happen. I mean,
Speaker 2: so yeah, I mean that that go ahead.
Speaker 11: I was gonna say, there's the Democrats have a rush
Speaker 11: to judgment, as they always do, because they're not letting
Speaker 11: this play out. And it's got to play out. It's
Speaker 11: going to take a little time. You know. The stock market,
Speaker 11: you know it, it's I think it's being manipulated by
Speaker 11: the headphones day anyway. So it's not gonna it's going
Speaker 11: to go down tomorrow and then they like it when
Speaker 11: it goes down and goes back up. That's how they
Speaker 11: make money.
Speaker 2: They wouldn't make money buying opportunities. Yeah, I mean they
Speaker 2: like it to go up, but they don't mind a
Speaker 2: big dip because eventually a lot of people made a
Speaker 2: lot of money. A lot of people probably were selling
Speaker 2: short today and all of that.
Speaker 11: So have you so have you sold it five minutes
Speaker 11: before you're in a really good position tomorrow?
Speaker 13: Yeah?
Speaker 11: Warren Buffett during the pandemic, he made fifty billion dollars.
Speaker 11: You know, in twenty twenty. He knew when he tied
Speaker 11: it absolutely perfect.
Speaker 4: You know.
Speaker 2: Well, they always say you can't time the market, but
Speaker 2: I think you're right on Buffett. And yeah, it would
Speaker 2: have been nice to sell it at five minutes before today.
Speaker 2: And if I had been caught trading on the stock market,
Speaker 2: I might have thought about doing that. To be really
Speaker 2: honest with you, I'm.
Speaker 11: Too to be taking risky ventures. So I've got everything
Speaker 11: in a safe place. I don't have to worry about it.
Speaker 11: But I do think that you know, you're going to
Speaker 11: see at least several countries, several major countries, they're going
Speaker 11: to cave to this trade war that brought about by
Speaker 11: the tariff. And I do think it's going to be
Speaker 11: more than ten billion. I think we're going to be
Speaker 11: looking at a huge amount of money coming in. And
Speaker 11: also I will say, if you have anything that you
Speaker 11: want to buy, like from Canada, such as you know,
Speaker 11: my favorite whiskey, you better stock up on it because
Speaker 11: it's going to cross you a lot more.
Speaker 2: Yeah, I agree with that. I would tell you that.
Speaker 2: Late this afternoon, I think I saw something from Doug Ford,
Speaker 2: who was the head of the province of Ontario, and
Speaker 2: he said that he would like to I think he
Speaker 2: is in a little bit more of a negotiating mode
Speaker 2: today than he was yesterday. But we'll see. You're right,
Speaker 2: Let's see what happens. Steve. I'm glad I got you
Speaker 2: before the break.
Speaker 11: Yeah, thank you very much. Man. I really I think
Speaker 11: this is this is not gonna go away anytime soon.
Speaker 11: But you know, I think we're gonna win.
Speaker 2: Well, let's let's hope that we as a country prosper.
Speaker 2: That's that's for me, is what the win is. That's
Speaker 2: for sure. We'll take a break. We're coming right. Thanks,
Speaker 2: thanks again, Steve. Take a quick break. I got four
Speaker 2: folks left, Joe, Lee, John and Bernie. I'm trying my
Speaker 2: darndas to get all of you in, so please work
Speaker 2: with me. Coming back on night side.
Speaker 1: It's nice eye with Boston's news radio.
Speaker 2: I got back lines, and I don't have a lot
Speaker 2: of time, but I got Joe and Belmont to start
Speaker 2: us off here. Joe paved the way, show the way, Joe,
Speaker 2: go right ahead.
Speaker 14: I believe in Tom's tarras Tarris. I'll tell you why.
Speaker 14: I think in ten or twenty years, historians are gonna
Speaker 14: say this is a good thing, even though in two
Speaker 14: or five years we might have to pay two thousand
Speaker 14: or five thousand more for a car. I think people
Speaker 14: are going to have to cut down on their movies,
Speaker 14: the nightclub lights, trips to Las Vegas. Things have to
Speaker 14: be done about rent, medical and dental. I think things
Speaker 14: are gonna be you know, like I said, i'll repeat myself.
Speaker 2: Yeah, no, don't know. Do me a favor, Joe, we
Speaker 2: got it the first time. You don't have to repeat
Speaker 2: yourself because I want to give everybody a chance. I
Speaker 2: think you said it. You said it, Well, what do
Speaker 2: you think, Joe? It's not important what I think right now.
Speaker 2: I'm just giving everybody some opportunity to get their point
Speaker 2: of view in and so thank you for calling. I
Speaker 2: want to keep rolling.
Speaker 14: Okay, thank you so much, my pleasure.
Speaker 2: Thanks talk soon, Joe, Thank you much appreciate it. Let
Speaker 2: me go to Lee and Dedham and needam excuse me, Lee?
Speaker 2: Next on Nisaga right head?
Speaker 15: Lee, Hi hiding nice, thank you for whatever.
Speaker 7: Good.
Speaker 15: The last two calls were wonderful. It was nice to
Speaker 15: hear them. And I avoid that everything's gonna work out.
Speaker 15: Even the Trump realogy says it's gonna be bumped. You know,
Speaker 15: he's gonna he's doing things and people just have to
Speaker 15: be patient. It's a hundred days or whatever, you know,
Speaker 15: and we're all you know, things will go up, but
Speaker 15: they're gonna go down, and we're all I people with
Speaker 15: children and grandchildren. It might not you know. It's just
Speaker 15: you know, I don't understand why people are have empty
Speaker 15: with the glass. I don't understand that. You know, we
Speaker 15: got we got a genius and we have our business
Speaker 15: man that's gonna send you know, put us on the
Speaker 15: right boat, and we should be so grateful. Instead it
Speaker 15: was going crazy. I just shut the TV office. It's
Speaker 15: too much for me, you know. But anyways, that's all
Speaker 15: being all right.
Speaker 2: Thanks Lee, thank you very much. You made made you
Speaker 2: said it well, and you said it with in just
Speaker 2: a little over a minute. Thank you very much, doctor
Speaker 2: by talk soon. Let's next up is John and Quincy. John,
Speaker 2: You're next on nightside, right ahead.
Speaker 13: Good evening. Thank you so much taking my call. And
Speaker 13: God bless everybody bug all the soldiers all safe and
Speaker 13: so at the end of the day, it's tariff tax.
Speaker 13: It is what it is. Sometimes you make these decisions.
Speaker 10: And they work.
Speaker 13: They might not work overnight. They might take five years,
Speaker 13: it might take two years, it might take ten years.
Speaker 13: It could happened like the other gentleman said, you know,
Speaker 13: the beginning the summer, late summer. But the other thing
Speaker 13: is with all these immigrants that came into this country.
Speaker 13: Give them three choices, and the count was built on it.
Speaker 13: I'll give them six choices. Don't take any branch of
Speaker 13: the military they want, including the merchant Marines. And if
Speaker 13: they don't want to do that, then they have a
Speaker 13: nice day. Country was built on immigrants. Greatest generation, War two, guys,
Speaker 13: go War one? Any any military woman, men, whatever, What
Speaker 13: was the last time they got a raise? And don't
Speaker 13: get me wrong, I mean I've voted Republican, I voted
Speaker 13: Democrats of independent. I mean I'd vote for you, Dan,
Speaker 13: but you know like you don't run because you know
Speaker 13: you want to be able to down the cape and
Speaker 13: do what the school for and everything else, and good
Speaker 13: luck to your bus. It's a it's a crazy world.
Speaker 13: And and just hope that there's God there's not a
Speaker 13: World War three.
Speaker 2: Well, I'll tell you. If it's a World War three,
Speaker 2: we're all in trouble.
Speaker 13: It'll be over World War three. Don't worry about it.
Speaker 13: I still got some Sea four left over. And if
Speaker 13: just calls recorded that, I don't worry. It's legal, it's
Speaker 13: everything else, and God's a bit Worldward's right, all right?
Speaker 2: Thanks John golf.
Speaker 13: Lesson in the glass of Holy Water on the Cape
Speaker 13: Bright and whever whatever you know.
Speaker 11: A man, well lady, good boys on Sunday maths.
Speaker 13: Unless you's down the cape.
Speaker 2: Thanks John, be well, be well, my friend, talk to
Speaker 2: you soon, all right. I got Bertie in New Hampshire
Speaker 2: and I got done in Indiana coming up. If you
Speaker 2: want to get I may be able to get one
Speaker 2: more in. By the way, if you give a quick call,
Speaker 2: Hey Bernie, how are you good?
Speaker 6: How are you doing tonight?
Speaker 4: Dan?
Speaker 2: Well, so I'm been in the interesting night. A lot
Speaker 2: of different perspectives, which is what makes me happy as
Speaker 2: a talk show host.
Speaker 6: Yeah, it's been an interesting and a passionate night. Also,
Speaker 6: the people speaking with passion. Whether you agree with their
Speaker 6: point of view or not, it's a passionate issue. And
Speaker 6: he's a passionate president. And sometimes I step back and say,
Speaker 6: oh my god, what like he just talks says things
Speaker 6: that come out like he's so blunt, and sometimes that
Speaker 6: defends people. Sometimes that it defends people, and they set
Speaker 6: up war rooms and and and sometimes you just gotta
Speaker 6: step back. And the market is unshakable. I mean, you're
Speaker 6: gonna have ups, you're gonna have downs, and and and
Speaker 6: what what my father always told me is take care
Speaker 6: of the small stuff and the big stuff will take
Speaker 6: care of itself. Like like I'm like you, Dad, I
Speaker 6: go shop and at shows for this. I go to
Speaker 6: market basket by that because you know what, I I
Speaker 6: grew up poor and I work hard.
Speaker 12: I worked very hard all my life and I and
Speaker 12: I know the value of a dollar and saving and
Speaker 12: I try to, you know, instill them values in my children.
Speaker 6: And they're doing a good job at what they're doing,
Speaker 6: and I try to help them. But the thing is
Speaker 6: like I remember this old Chinese thing, like the head
Speaker 6: of a village. They came in. His son was riding
Speaker 6: a horse and he broke his leg, and the Chief's like,
Speaker 6: oh my god, my son broke his leg.
Speaker 11: Blah blah blah.
Speaker 6: Next thing, you know, when an invading army comes in,
Speaker 6: they take all the military age people out of the village,
Speaker 6: and his son couldn't go because of that. So what
Speaker 6: I'm trying to say is we don't always know what's
Speaker 6: good for us. But I believe that Trump has rounded
Speaker 6: himself with some very good business people. Let's just step
Speaker 6: back and breathe. Just breathe for a minute and see
Speaker 6: what happens and how it takes out. Thank you for
Speaker 6: taking my call, Di, and you have a wonderful night,
Speaker 6: all right.
Speaker 2: Bernie, right back at you, you as well. Thanks Bernie,
Speaker 2: talk to you soon. Let me go next to Dawn
Speaker 2: in Indiana down. Thanks for calling in.
Speaker 16: How are you, sir, Well, I'm great. I will say
Speaker 16: that I don't think that this tear of adventure is
Speaker 16: going to end well. But it's hard to see how
Speaker 16: Trump could back down from the position that he has taken.
Speaker 16: But a couple of little things here, you know, people
Speaker 16: were wondering where those numbers came from on that chart
Speaker 16: that held up today, and he announced them as if
Speaker 16: they were the teris being charged to us. But they're
Speaker 16: actually made up numbers. The White House clarified for a
Speaker 16: newsweek that the what do they do here? They took
Speaker 16: each country's terafrate based on the trade deficit with that country,
Speaker 16: divided by the value of the country's exports. Then Trump
Speaker 16: cut that number in half and said he was being kind,
Speaker 16: but actually that their tariff rates are not even the
Speaker 16: thing that shows up on the chart, and if not
Speaker 16: the thing on which he based well, one of.
Speaker 2: The one of the apparently I have an email here
Speaker 2: from a friend of mine who said that apparently they
Speaker 2: claimed that there was a a ten percent tariff on
Speaker 2: heard in McDonald's islands. Okay, those are small, uninhabited islands,
Speaker 2: I guess near Australia. The only people that live on
Speaker 2: those islands are penguins and elephant seals, and so it
Speaker 2: said that it's like herd and McDonald's permanent glaciers for
Speaker 2: that matter.
Speaker 16: You know, trum made a point of talking about the
Speaker 16: Canadian dairy tariff and those only apply if our exports
Speaker 16: to Canada come at a very high level, and they
Speaker 16: have never reached that level. So those high tariffs that
Speaker 16: he complains about have never been paid.
Speaker 2: Yeah, it's not he's a little short on like some
Speaker 2: of the things that he said about the people who
Speaker 2: are one hundred and fifty years old. But we'll see. Hey,
Speaker 2: he got elected. He's gonna take a shot here. Let's
Speaker 2: see what happens. I'm done. I hate to do this
Speaker 2: to you, but I'm flat out of time. Night A
Speaker 2: catch you too as well. Please call more often. Have
Speaker 2: a great one. We had done for the night. Rob
Speaker 2: Great Brooks, Marita, Rob Brooks, great job, Marita, thank you
Speaker 2: very much for your help. To all the callers, thank you.
Speaker 2: This was a good show. It was interesting people. I
Speaker 2: learned things and I hope you did as well. Thus
Speaker 2: we try to do here on nightside. We'll be back
Speaker 2: tomorrow night. Who knows what we'll be talking about tomorrow night.
Speaker 2: All dogs, all cats, all pets go to heaven. That's
Speaker 2: my pal Charlie Rays, who passed fifteen years ago in February.
Speaker 2: That's where all your pets are who would pass. They
Speaker 2: loved you and you love them. I do believe you'll
Speaker 2: see them again, see again in the mornight on Nightside.
Speaker 2: Have a great Thursday everyone, I'll be on Facebook. N
Speaker 2: I saw with Dan Ray in about a minute.