Audible, sponsor of the audible audio pioneer awarded this year's Iheart Radio podcast words is the best way to stay informed, inspired and entertained. Discover the world's largest selection of audio titles anytime anywhere. With the odd lap whether you want to tackle a new skill focus on your healthy itself. We're discover new releases, there's no better placed to listen. Inaudible, audible, start your free thirty day, audible trial. Today, and your first audio book is on us visit, audible, dot com, slash as by Us K or text as wide as key to five hundred. Five hundred welcome Stop. You should know how stuff works. Tat walk into the buggy Josh Partners, Charles the reach of Brian Jerry, their snickering,

considering that makes this year we ve got sidetracked before talking about things. The trickle names names that trickle yes, the famous race car driver district dude. I swear to God. Look him up. I will don't image search. Just look at my vision, specify race, car yeah, it's good, your Google master, but you Google food. Yes, then we, the three of us, are apparently all eight years old. Again, the up speaking trickle, Chuck, hey happy birthday, oh, be quiet! Jerry! You have a big mouth

you always talking are usually remember, but it didn't it s a happy birthday. Thank you. I appreciate it and this will be out several weeks later now get to relieve my birthday all over and exactly thanks. Man have you checkers ever seen the movie Ferris Pillars day off, and you will gather at some point in this one. Because events die yeah. Ok get say you know the answer, then something the oh, oh right now eggs. Anyone who do economics, yeah winner and echoing class. The guy says Bueller: you learn that's Bernstein member here. That is when Ben signs money, which was really his money.

Wasn't, I think so. I think I will let you make legit, I think maybe like they gave it to him. If it wasn't wonder, came out of a salary who know sprawly, but before that show came on, he was impressed pillars Day office in a compromise, and I believe it does have a degree in economics is all Disagree actor advising pitch man body is talking about in their name is clear as clear idea. Thank you clear eyes is awesome here. That's right that sounded like not beds died. There were those my The stymies I get anyway he's talking about voodoo economics, M voodoo economics was another name for trickle down economics, a k, Reaganomics and pursue in the term voodoo economics, do you know? Johnny is no yeah Ilsa George Bush senior year each w Remember that yeah he was running in the primary against Reagan in

nineteen eighty election before he came on, as vice president and deriding Reagan's economic policies, specifically his belief in trickle down economic area as voodoo economics, because there are some apparently sort of magic to the whole thing that makes a work rather than sound economic principle yet the curtain me to day when I was studying the stuff that John, he is picked. This very topic to represent the most boring thing you can talk about I guess so you and it took me a few times due to figure it out, because you know I don't my brain doesn't skew toward understanding economics. It's tough! To do what I finally did and I was like you know it is not the most worrying thing ever it, sir. It's pretty interesting

If I came around, that means anyone can now it's just our our burden to make an interesting everybody else which was already failed at spectacular. Try. So, let's talk about this idea. First vault trickle down economics will explain the whole thing in detail, starting in just a moment, but we should probably say the disclaimer. If you want to drive a fiscal, conservative or conservative economists, or just a conservative and general crazy, you mention trickle down economics like call what they call supply side economics trickle down economics. It drives and bonkers. There's like there's no such thing as trickle down economic stood derisive term, its it

capture, that the Spirit or the thought behind supply side economics, which is what they ve come round to call it back in the day, was definitely called trickle down economics and the whole point. The reason why it was cultural down economics is that the idea behind it is, if you place wealth with the wealthiest people. This idea goes in there. We'll take their money and invested into the economy, which will get things running again and as a result that Nah magazine revving up will create more wealth of the top that trickled down to the law. Were working in middle classes yet like who better to stand, the economy than the Super rich and

they were like maybe open a business to put people to work, and then those workers will benefit and directly from that investment that that person made right. So this is the whole cheering behind it. We should also disclaim even further that economics as a field is so far from scientists, preposterous The most economic theory that you ever will run into from John Maynard Keynes or Adam Smith, or Jean Baptiste, say yeah. These guys are talking about pure economies, the United States and I don't think, there's any economy in the world that is a pure economy, a free market economy. The United States has things like tariffs and

We have things like government intervention, tax policy, monetary policy, the there's intervention in the market, so you can't ever say we can say really what causes sessions and what brings us out alone, Maya, whether trickle down economics is effective or if it's not if it is effective as it effective in the long run, the short run and what about the does it weighs that effective in the long run? To the we don't know, people think they do the the It is a dangerous way like this kind of stuff can get peoples by boil. Exert like the point of this. One is to just talk about trickle down economics and the theory behind it and why it may or may not work damn it would on the caviar that we know now, and neither do economists yeah, I think I'll left us at a low frustrated after my research cause. I thought I would come away with the answer

but I mean, if you look up reaganomics such as another name for Reagan's version of of the supply side. Economics right, you will find one, hundred article while more than that, but a hundred articles on how what a great success it was and then the abject failure reaganomics and no one is gonna agree. I looked at some of these theories and said well that makes sense in it the world more than a look at the opposite instinct. Well, that makes sense in an ideal world right- and I don't I don't know if you like, you said one of you can now and if there is an answer, even though everyone thinks that their right, both people can't be right. Both sides know it's true, because these are very opposite in most cases, ideas here, but what I did find was a bunch of articles after digging further. That said, the

the failures and successes of reaganomics, and, I think to me, that's probably a little more accurate because it is in a black and white situation, while the poor part of the problem is is, if you point to Reagan's, tax policies right and in Riggin, is is tied to trickle down economics. Yeah history like right will clear this up He's not really the first wonder to implement this now, but his his tie to it. But if look you're reaganomics. The problem is this chuck? If, if you say well, the Ninetys were very proud this way the dot com boom. Ger ended We need surpluses NASDAQ, like like a record ten thousand points it s like in the nineties out all those from Reagan's policies. Will you can't say that that was from Reagan policies, we don't know, we just simply don't know. It was something short term that the Clinton administration was doing or was it the long term effects of Reagan's tax

here we don't know yet and we're gonna get scores of email from people saying what we do know right, but we don't know to descend. Your email is fine, but IRAN. Well, I guess we should go and say to them Just the name trickle down was coined by Will Rogers. They must humorous in the nineteen twenties is not a nineteen eighties thing at it. Around for a while, and I he said quote, the money was all appropriated for the top and hopes that it would trickle down to the needy and that's where it started to get it. Sir, a derogatory feel around that name: Fisher snapped the twenties and in overtime, especially since the eighties.

The people who champion trickle down economics- or this this particular version of trickle down tax policy- you have tried to distance themselves from the term trickle down right because it does seem a lead us in it seems like a big wealth transfer which in fact it is bliss list heard about this. Trickled down policy isn't necessarily associated with Reagan's tax cuts. The whole idea of it but behind trickle down, as I said already, is you take wealth and you give it to the wealthiest people? That's that's! What's done yet until wealth transfer

Then it's usually done at a time when european economic slump to hoping to revitalize things. Yet the government trying to smooth out the rough spots in the national economy, but a k recession, yet so you're transferring wealth. Your transferring wealth, though, on the premise that that money is going to be reinvested, reinvigorated right, used a reinvigorated so it is well transfer, but with the one we're talking about today, specifically we're talking about Reagan's version, so its wealth transfer through tax cuts. Yes right, yes, so when Reagan came into office, he took over a tax policy where the highest tax rate was like seventy percent. Yet the highest earners were paying seventy percent on their highest income and he got that done about fifty

yeah yeah, which is still seems incredibly high today in an age where we're paying like thirty five percent of the highest earners are so the point, as is Reagan, did it through tax cuts, but That doesn't mean like trickle down economic. Don't does unequal tax cuts necessarily right right. It's trivial railways, its that's, that's one way of of putting more money into the answer: the wealthiest right right, exactly it's really a of supply and demand- and I guess we can go back through time, a little bit to John Betty say who you mention Nineteenth century french economist and his his philosophy has been misinterpreted. Alot as supply creates its own demand, yeah, exactly right what he was really saying. As products are paid for with products and money just head like a temporary function, you're like a few or somebody who produces something when you produce that something

item when you go make that shoe yeah you're gonna sell your shoe yet which is with the whole reason you made the shoe in the first place there and then that money you can go, use it to buy other goods and services right, so the production of that shit who created a wage for you, which, in turn stimulated consumption, demand from you for something else. Yeah product is paid for them the misinterpretation that supply creates. Its own demand is, is just a bastardize version in that basically means that there would never be a failed product like you, can just producing, produce and produce right which isn't sound. No, it's insane and, I think save would have say Therefore, it is not true as well where he did. He did it during his lifetime. Even say like well now I mean there it's possible that there is such a thing is overproduction. Sure I mean

If you think about it like during the the housing market crash starting a few years ago, there is a glut of homes on the market. And it's not like the people who are building homes, merrily went on building homes and building homes and billing homes like a once. The demand ceased they stop. Producing. And while still having a glut on the market and the ones who were still the sinking, money and built like building just stop basically yet, and it was because there is an over supply because demand had ceased. So the idea that that, if you, if you produce it demand, will come on a short term basis, it is

and of a fallacy yeah, but in the earlier days of this country, a lot of big thinkers agreed with him, like Jefferson, but the tide turned later on in our country with the introduction, Mr Keens Keynesian Economics. Yes, so talked about in our audio book, every damn stuff, you should know superstar guide to the economy, air, which is probably super outdated. Wonder, but there are some, I think, there's some evergreen content in their yeah. I mean I was like an economic one, clear, MR with us, but so so the basis the same law is that if you stimulate production yet, then you the economy going again and it was implemented for awhile like some of the sum of the early twentieth century president's like Hoover among others, yet like Harding and Coolidge JFK

Would you have k later, but early I in the twentieth century, Harding encourage both implemented. This kind of what's called supply side policy. Tax policy says law right where there were a few, stimulate action through lowering taxes at the top and most will tell you in a second others too, are correlated here. You can get the economy going. It well Hoover also followed. Same policy and under Hoover's watch. The great depression happened yet, which would cause any just regular, thinking person, even if you don't understand economics, to think hey, we're doing wrong right. So Roosevelt came along its right Roosevelt held the opposite view and he is very much a keynesian and he was operating at the same time that Keynes was writing and in working himself and John Maynard Keynes said not because of a backwards it you don't stimulate the supply you stimulated.

Man, then all of a sudden. If you have a housing glut in you suddenly of people who have more money to spend yet still take care of your housing glad, and then things can get back to normal. We reach a Greek, will every him again. Yet he was about short term ideas, short term, fixes, maybe lower interest rates may be taxes, a fiscal policy taxes in spending. Basically, what you hear a lot about these days, it you know keynesian economics come last a long time until probably Kennedy and then Reagan right, like there's only been a handful of yours, president's, really endorse the trickle down theory yeah like wholeheartedly since the twentieth century yeah. So yet the keynesian policies ruled very much about like cutting taxes for the lower and middle and working classes, increasing taxes for the rich, because, if you, if your government, you still need revenue right you're, she came to cut taxes for everybody. If it could take this. For one group,

the need to increase it for another cause. You still need your money come in India. Of course you could also take the radical step of figuring out how to eliminate waste in blow and government. That would help a lot, but we are talking about then this when we're talking about trickle down economics at right so then along comes Kennedy who says he might it was a pretty rich. So I'm kind of thinking that this trickle down thing might work night, so he got into supply side economics and then when Reg, came along. He really champ This whole idea- and it was out of the result of some guys, seventy saying there's this whole other thing that we ve been ignoring, which is this trickled down tax policy- that we should end they ve got Reagan into it and he implemented yet and after this message, rate common appear in a sack. We're gonna talk a little bit about. If it doesn't sound like it makes sense to you. There is a certain curve

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and you gross ten million dollars through, like the first two financial quarters and your text. It what's a fifty percent, and you know if you make any more money, then you're gonna jump that ninety percent tax tax categories and you might slow down production. You might halt production altogether, and so you know what I'm gonna take off the rest of the year right. Maybe even put these people out of work for six months, furlough furlough and because I don't wanna be taxed anymore. So, if you look on a graph. It's gonna be if you text people a hundred percent they're, not gonna work. If you, Its people, zero percent you're, not getting any money so little. If there is the curve right, basically Laffer curve suggests that the correlation between tax rates and tax revenue is not totally positive at some point asserts ago, back down near the skull the prohibitive range at us

in point. People don't want to be taxed in that year and it's not even necessarily that they are not. King any longer because they resent being taxed yeah. What laffer was pointing out is that there is prohibitive range and within the prohibitive range you remove the incentive to work there, ethically right where in J Mcgrath who wrote this gave a pretty good example. Words like, if you make that money here and you are text, fifty percent- that's tolerable, you're, still gonna make you still get to keep fifty. Sent for yourself right. But when you testament ninety percent tile, you you're going to make another million dollars, you have to give nine thousand over to the government, you just get to keep a hundred thousand or you might decide to just go

spend the rest of the year at your beach house, yet the money that you did make not because you resent being text, because it is not worth it too to exert that effort to make the next million dollars when you just get to keep a hundred thousand other. So at that point in that prohibitive range, the tax policy is effect keeping people from working, inducing them not work any longer. It is bad for an economy and that's if you're, if your work, if your income is directly related to your work right conceivably, if you owned a factory or selling- and you didn't have to really exert any problem here and you can, he'll make payroll and all that stuff it might be worth it just leave it to these other people to make their extra hundred thousand dollars for you then go after the Beatles. But if you you're effort directly here is tat thing: yes, it would become a disincentive toward work conceivably. We should point out Chuck

and Jane. Didn't do a very good job of doing that, and this in this article Lafferty Curve is of thought experiment rights not based on data right, it's not a hard and fast rule or a law, basically intuitive idea of tax rates and their effect on tax revenue yeah. But it's you, don't you have to be a business owner, lesser, just a regular employ that makes a salary. You have a salary sweet spot as well yeah. You know if either rate, get promotions and get raises, but if you're really climbing the ladder at a certain point, you might think man. I got her big rays, and I'm making barely any more money. Then I made before this big promotion right because I've been kicked into a higher tax bracket. So that's the prohibitive range in it in Aachen. Apply to you, I mean I can't

stop working no, but you may say I own actually want their promotion exactly more responsibility and really not much more money right. I'm gonna hang out right here, rather than keep going yet in my little twenty percent range or whatever, it is right for us Lafferty curve. Yes and that's easy. It's a kind of the basis of trickled down tax policy is the idea that ok, there is a poor, where you can tax too much and now you're actually slowing down the economy so based on lefferts curve. When you're looking at it through through trickle down policy. Yeah. There's a point, then that's, that's, like you said, there's a sweet spot as far as tax revenue goes. Yes and it creates this seeming. Paradox were if you cut tax rates at a certain point, you'll actually increase tax,

the new year, because people will be incentivize to work more right throughout the year and the other basis of trickled down theory is that you are going to put more money or keep more money with the people at the wealthiest people who, under this idea, are more likely to invest it, back into the economy right and when they do that, supposedly allegedly the economy, booms yeah what you can account for as just a single person. This is looked at in the broadest terms. As somebody could make other money and to sit on it in the bank which isn't reinvesting it. That is Really really really big point here, you'll remember back at the beginning of this recession, the famous doing everything it could to cheap in lending and still has been, and

they didn't do anything Linda mind. I'd come like you have to take into account things like insecurity and fear the inhuman vs near humanly We're not necessarily rationally maximizing actors. Humans are like there is. Such a thing is fear in the idea maybe hoarding money is best. So what possible? Then, if you follow this trickle down, tax policy is you're, taking money from everybody else and giving it to the rich or if your head, despite because your fiscal conservative right, where you are doing is allowing the rich to keep more of their income, but they're not doing anything with it right, at least as a short term fixed. That's not a good idea, because you can possibly bet that eventually the rich are going to take them.

Money and invested back in the economy but is dying of more merrily. Yes, yes, but Windsor gonna happen. You can really say part of the other problem with it is that You are then also basically handing money out at a fire, sale, you're, saying: hey, here's a bunch money. Back in the economy and have we mentioned the bargain basement rate can get behind all these businesses over here, because the economies in a recession here so in from yeah, very much so you and it's it's like it is literally a wealth transfer and under some circumstances, like the recession that were still coming out of now. Yet it is a wealth transfer, an asset transfer, their deep, the people who have the most money. The wealthy also have the most buying power and they have the best bargains yeah Thomas Soule, as is economist and heap. He won't call it trickle down economics

is he thinks it literally benefits the workers immediately and first because in the idealise version, they're gonna reinvest in the very first thing it's gonna happen is they're. Gonna put people the war, and people are gonna, have jobs so yeah. He won't he's not gonna caught trickle down theory because he thinks it works literally. That way now he I read a column and the National Review by him and he's like you, Finally, a legitimate economist history of economic theories and policies and analysis refine trickle down economics anywhere. You like it drives and crazy that people call it that, because it has a negative association and the latest wealthier Association, yeah- and you know when you, if you're during election time or during, if you see these big tax cuts for the wealthy, if it makes your blood boil because you think they're, these people are obviously in the pocket of the politician. That may be true

but you can still remove yourself from that and look at the theory itself and does it work or does it not, and we will do that after this mess sir New year's resolutions are very, very difficult to keep more exercise save more money. What about this? We have a resolution that you can really work with stop wasting time going to the post office that right, you stamps dot com instead because they bring all the services of the. U S: postal service, right to your computer, with your small business sitting voices or package's or an online seller shipping out products stamps that can handle it all with ease yank it. This was simply com. You get five cents off every first class stamp in up to forty percent of priority mail. This right? U S postage! Twenty!

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many articles disputing one another completely that I have no idea. So, ok, so you were in a recession and there's a discussion. Is it supply or demand that you want to stimulate well with supply side economics trickle down his what you call it in the vernacular sure you want to stimulate the supply, because, under this belief, if you stimulate the supply, the the people who are producing yeah, we'll have stuff for sale and people will buy it and more money will enter the economy and things will get back to normal. Yes, because the the basis of this is that people still work during recessions and so

they're working, they have money to buy things, not everybody's working, but you can handle the idea that not everybody is working by getting production going again because it creates yet and that in turn generates even more income brands passionless. So how do you do that? Well, then, according to trickle down supply side tax policy, you cut the tax rates of the wealthiest people you incentivize than to keep working harder and harder because they get to keep more more of it themselves yet on the hope that, rather than keeping themselves hoarding, they will inject it into the economy through things like investing expanding their businesses, hiring more people, opening new businesses and taking them.

Vestment, making more money themselves there, but in the meantime, spreading the wealth around through things like wages and tax revenues to minimum wages, so that is supply, side, tax policy and whether it works or not. The jury is still out. I did find thing from fair economy, dot org, which I have to say. I don't know whether their non partisan or liberal. They definitely didn't strike me as conservative, but so take it. However, you want, but they took the tax rates yeah, the top tax rate and its changes from nineteen fifty four to two thousand and two, and they took the changes to that tops tech top tax rate, yet the highest here, which is the one you're supposed to cut under this, this type of tax policy, and they are just apposite

against four different economic indicators: growth in the gross domestic product, which is kind of like the indicator of the overall health of the economy, income growth rate, which is You know how the average Americans wealth grows. Yeah, I think changes to unemployment and the growth of the hourly wage and they found tat. The correlation was basically statistically none, system yeah there when you lower tax rates or raise tax rates, but civically. In this case, when you lower the highest tax rate, it does nothing to improve the GDP

to improve our early wages to improve median wealth justice, statistically speaking over the course of this nineteen. Fifty four two dozen to lowering the tax rates did nothing for those things. Yes, so speaking from there and you can say well, it doesn't really do anything yeah well with with reaganomics, I think well again, ass most people agree, but no one agrees. It did help inflation if he was it was because of his policies. But tax revenues didn't see much change at all. Under those policies would I and getting into you, know the part of reaganomics where he can have shut down trade with a lot of countries, keep it in house right and the effect that had and I've got

varying answers on how long after presidency? Can you even look back in with a good judgment right of, like the policies really take effect in your letters when you're gonna see or knows, twenty years or so you can see it immediately with short term fixes night, so is the whole thing is very frustrating, because no one agrees, everyone thinks there right, yeah, that's the frustrating part everybody, thinks there right, like Obama's policies are almost virtually the exact opposite of Reagan's. Well, that's funny. You say that because that's certainly true, he alone with his. They are well. He in there he kept the Bush era. Tax cuts, going, he's actually or less true, kept lower

Tax rates than Reagan did and Reagan's always pegged with the trickled down economic theory right. Yeah Obama's get this other one going is called quantitative, easing yeah. So with Reagan, it was trickled down tax policy under Obama. It's true, our monetary policy and by pumping money into the markets through the FED. Yes, it's actually helping because of this income inequality is helping the wealthiest american by far without anything, trickling down really to the blue we're working, a middle class Americans so trickle down policy doesn't necessarily just mean policy. I can also be monetary policy and we ve got a very specific trickle down Paul

he being carried out under Obama's entire two terms, yes or through quantitative easing, either way. There's a vast transfer wealth going on right now, just as there was in there This year, I suggest people read up on their own as they want to jump in this argument, this one kind of also, once you really start looking into it it, especially if you go beyond link what helps beer and release stepped back and look at what is being done on the effects of it forget you know what my idea is the best way to to cure recession. Theoretically, they give you give you just get out of that mindset and you look at economic policies and you look at them through the lens of income inequality and then suddenly, serve active in liberal and in democratic republic. In all this kind of fade away, and basically everybody has reason to feel like there being

Out of something very valuable yeah, I came up with the idea of shown at the first person to come up with it, Josh Dynamics. I wonder if, if you did cut down on the tax rates for the well until two about where they are now this. This is like bargain basement tax rates. Frankly, thirty five percent, it used to be a ninety percent in the sixties, Yankee was the highest. Its thirty five law and much of the world percent under Reagan down onto the world, pays a lot more taxes, the media, oh yeah, so thirty five percent, I think, is fair for everybody, you to say the least, if not unfair, because it so low right. But let's say that its fair You keep the tax rates low on the wealthiest earners and you let them build up as much money is they want in their lifetime, but when they die you tax their estate like there No tomorrow

and I wonder first of all you increase revenue should be also prevent. Dynasties You want to prevent dynasties sure I read an article about how the those who inherit wealth tend to invest it less. They tend. Port it more because they do not have any means of accumulating wealth other than a windfall. I think if you just look at his statistically speaking in you, look it then again on an individual basis. If you look overall, all wealth is inherited rather than earned. The inherited wealth is less often invested in ways like that, create new jobs. Then the wealth that earned in aid system like if you won the lottery or something like that, you should be tariff.

Of losing money because you didn't do anything to earn it. So there's no guarantee whatsoever that you will ever earn that money or have that money again when you spend it, if you a mass of fortune in industry and lose it, you did at once there's a likelihood that you could go. Do it again, but you are more likely to take more risks with that. Well, but people work to take care of their families for generations to come. Like that's what they're gold is. So, let's say you have a hundred million dollars state a canker and you have one kid and your estate is taxed at ninety percent. When you die your kid still gets ten million dollars. If your kid inherited ten million dollars a year, wealthy person in your. Inherits ten million dollars. I think you can get you a terminal rest easy, knowing that your kids going to be ok with the ten million bucks for the rest of his or her life. I think that's fair

the earth enough to set him up in business for sure that's enough of a leg up that most people don't have. I that's fine, you It's me. I guess I think it in. I think it's a like when I hear about bill Gates is going and leave his kid so much money or whoever it was a bill gates. Her Warren Buffett, her someone they both reports. They pledged like a significant amount of theirs their estates right to not to get leave it just leave that to their children. I think that's that's great, but I think that's like it should be. A person's choice in the government should make that decision for them, like government make since I got this that makes my blood boiled, but that's tax policy. Men like they can make their decision while you're alive or you die. It's still there, your income being tanks either way. It's like other taxing your inheritance before your death or well, but it is a tax policy has Josh Dynamics his head. No, but the very fact that there are taxes and a progressive means that

Health. Is people pay more the more you earn, the more attacks you pay near so is a matter whether it's an hour when it's when you die- and I Is not an entirely that's kind of a glove interpretation because I realized what I'm saying is normal taxes now and then a heavy tax? when you die right to prevent dynasties and to increase revenue, I just don't think it'll disincentive eyes were I think you're alive. You still want to make money, people's those, the people who are dedicated to amassing hunter the millions and billions of dollars here, that's not, can prevent them from making money while they're alive- it's not you think they're still alive in their kids still get a slices apply right, but what about their kids? Kids in their kids? Kids? Well, then, it's up to their kid to go out into his own effort or her own effort here, a master of fortune.

Just like everybody else's everybody gets to start at zero. All those rich can still get that leg up of ten percent of real estate. That's that's just my idea. I got suggestion Alex Josh Dynamics, man we're gonna get somewhere anything else and hey, let me I think people should be able to live much more meagrely than they do at I'm, not a proponent of people leading these lavish wasteful lifestyles. But I think, if You know you ve made your money in a legitimate way than that's your right to do so. I guess you know me. I wouldn't want some government put in their hand in my pocket and San hey. You worked really hard. That Gimme ninety percent of the? Well? I mean who does No, nobody wants that, especially when when you look at government wastefulness or if you

you don't want a fun war or something like that like then, it makes it even harder to bite. Yet the whole thing makes me want to drop out and move to an island or someplace in the woods very quiet to where I don't have to even think about it. The stuff up, my little garden got my chickens in Magazzino. Go make some money sea can do their yeah. I wonder just a little my bedroom house in unlike a hundred and twenty acres led the staff. Are we done with this? We're done. A trickle down economics. If you want to learn more about it, you can read this article on how stuff works, that com, just a type trickled down economics in his search bar ends and says it search bar supperless near me- I call this one. The waiting is the hardest part. Hey guys just run your podcast few months ago, and I love it the reason I am thinking here is because

at a bit of a worrying problem. I just send out my application, a dental school and I playing the waiting game. Through my waiting. I always find myself worrying and wondering what could happen, even though I know it's not the best thing for me. Long days at work. The summer listening to you guys really helps me not only take my mind off the process but helps take the bite, off my worrying mind and even makes me laugh out loud. While people look at me like I'm on crack. Which, by the way, I know all about the your crackpot gets those again one. So thanks do your informant having your humorous bycatch makes might be easier. Help me through the waiting game. Teaches me so much about what I do not know. By the way. I know it's a longshot, but if, by any chance you read, the sun was her male. Please give a shadow to my fiance Elizabeth. We have lesson here before a big day. And that is from Caleb Davis indicator.

I am in Indiana, yet yes says access making sure there was a new state of health. Oh yes, said Caleb Ben Elizabeth from India HO, congratulations and caliber hope you get into identify school. My friend follow up with us. Does Caleb writers frequently said the caravan thick enough now that it's not? You think indicated that when our contests and had lunch with this is that the same Caleb writer, sometimes on Twitter. I think so I well remember, or at any rate things the all the tale of the limited, and we appreciate you are right if you name Caleb or even if you're, not an you wanna get inside to this, you can t tourism as well as Cape COD cast. You can join us on our Facebook page its facebook that complex that we should now. You can send an email, the stuff pod cast at how stuff what

come and join us at our home on the web, the beautiful stuff, you should know dot com for more on this and thousands of other topics that house tough work suck I'm more Siegel and I'm hosting a new pod cast serious called first contact each week will have new on Stan emotional conversations about what it means to be human and how technology is changing from engineers coding Botz deserved the dating apps to intimate conversations with tat pounders will tackle the ethical issues of the future. Now the Tec is just another. Layer of our skin listened at first hand Laurie sing off. That's me on the eye. Her radio outline apple pie casts more worrying at your fight cabins.