The Howie Carr Radio Network
Morning Minute: It's the economy, stupid - 4.25.24
Today's podcast is brought to you by Howie's new book Paperboy. To order today, go to howiecarshow.com and click on store. For decades, we've listened to limousine liberal skull, those of us on the right for being so obsessed with the economy. NYU business professor Scott Galloway joined MSNBC to explain why the right may have been right all along. For the first time in our nation's history, a 30 year old man or woman isn't doing as well as his or her parents were at 30. That is the social compact breaking down. People aged 30 to 34, 60% of them in 1990 have one child. Now it's 27%. People are opting out of America. They're not optimistic about it. They're not having kids. So we have a real issue. Young people are enraged. So it turns every cut, every movement into an opportunistic infection because quite frankly, they are just pissed off. Housing prices have gone from 290 to 420 in the last four years. So a young person, a house, stocks that I don't own skyrocket in value. Let's have COVID relief and flush the markets and take assets way up because if a million people dying would be bad, would be tragic if I got less wealthy. And we're doing it on their credit card. Young people have every reason to be enraged. We have lost the script. Our kids are more anxious and more depressed and more obese and more addicted. And we have made a purposeful decision to let this happen by ensuring the people around this table stay wealthy at the cost of young people. Galloway's campus is currently in shambles over a war on the other side of the world. His students have never been sadder and sicker with smaller salaries and fewer options. It's harder than ever to be a member of the middle class. So instead, they're opting into an opportunistic and violent infection.