Is Michelle Obama Gearing Up to Replace Biden in 2024?! | Guests: Chris Stewart & Carol Roth | 1/9/24
Jan 9, 2024
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Glenn and Stu discuss Biden's attack on Trump supporters and Michelle Obama's fear about the 2024 election. Carol Roth analyzes the accuracy of the 2023 jobs growth report. Brian Will explains how inflation and minimum wage affect small businesses. Chris Stewart pushes for Defense Secretary Lloyd Austin's impeachment. The podcast explores the manipulation of children and analyzes Trump's impact on the media.
Restaurants have faced economic challenges, leading to significant price increases for food and supplies.
Revisions to job reports reveal inaccuracies, signaling a potential economic downturn.
Businesses are shifting from the term ESG to 'corporate responsibility', highlighting the need for ongoing awareness and pushback against ESG principles.
Deep dives
Inflation and Labor Costs Drive Price Increases for Restaurants
Rising inflation and labor costs have led to significant price increases for restaurants. The cost of ingredients such as food and supplies have gone up, coupled with rising labor costs due to minimum wage increases and higher salaries. Rent, insurance, and other expenses have also contributed to the higher prices. For example, a BLT sandwich that costs $16 may only have a food cost of $5, leaving a profit margin of $2 after accounting for other expenses. Overall, the economic challenges faced by restaurants have led to a need for price adjustments to maintain profitability.
Revisions to Job Reports Show Inaccurate Job Growth
Revisions to job reports from 2023 reveal that almost a quarter of the jobs added during that period did not actually exist. The revisions have led to downward adjustments in the number of jobs created, signaling a potential economic downturn. Additionally, increasing government job numbers contribute to the overall job growth, but lack the same productivity and sustainability as private sector jobs. The revisions and inaccuracies in job reports highlight the need for a comprehensive and accurate understanding of the true state of the labor market.
ESG Trends in Business Shifting Towards 'Corporate Responsibility'
The concept of Environmental, Social, and Governance (ESG) has seen a shift in how it is perceived and labeled by businesses. Many companies are now adopting the term 'corporate responsibility' instead of ESG due to backlash and criticism. While this change may indicate a win for those against ESG practices, there is a need for continued awareness and pushback against the underlying principles of ESG to ensure a fair and balanced approach to business practices.
The Left's Plan to Resist Trump's Presidency
The left is prepared to cause chaos and riots if Donald Trump beats Joe Biden in the election. They will organize protests and violence, blaming Republicans for the unrest.
The Fragility of Democracy
The left's determination to block Trump by any means necessary reveals their disregard for the democratic process and the rule of law. They are willing to destroy faith in the system to prevent Trump from winning.
The Global Impact of Unrest
The left's protests and violence will not only affect the United States, but also have repercussions in other countries. Western democracies may join in the unrest, incited by race-baiting politicians and the biased corporate press.
The Biden campaign is meeting with giant media officials and journalists to get them to correct their reporting on Biden’s performance and the state of the economy. The media is now fearmongering that Trump will be unhinged if elected for another term. Glenn and Stu discuss Biden’s latest attack on Trump supporters and Michelle Obama’s pathetic admission about her fear of the outcome of the 2024 election. Recovering investment banker Carol Roth joins to discuss the accuracy of the 2023 jobs growth report. Entrepreneur Brian Will joins to explain how inflation and minimum wage are choking the life out of small businesses. Former U.S. Rep. Chris Stewart (R-Utah) joins to explain why he’s pushing for Defense Secretary Lloyd Austin to be impeached for his recent hospitalization that surprised everybody. Is the U.S. government manipulating children just as the devil would?