Trump is in Full Cognitive Decline

Well, I think that there's one thing that we can all agree on, and that is that Trump has a grand plan. It looks like right now the American job market is collapsing. It's around the same level that it was during the GFC. It is an indicator of a recession hurtling towards the American economy, which obviously single stat is freaking me out and the fact that Trump has put all of these external pressures on it, One Nation voters take note, yes, you can address migration if you do it in that ice way and don't replace it with anything else. This is what starts to happen. That's one of the things that he's done.

It was also just the chopping and changing with the trade tariffs. It's also the fact that as a result of chopping and changing with the trade tariffs, people aren't so invested in the American economy anymore. They're looking for other ways to invest their money. And this is all leading to that. And then on top of that, he just chucks a blockade on as well. So what does that all mean for back home? Uh, I think that Jim Chalmers actually said it best when he's just out there publicly being like, um, yeah sure I've been talking to a lot of dignitaries across the world and I think that we're all at the consensus that we're really pissed off! Everyone's so angry!

Like the fact, I know that this is old news at this point, but the fact that Keir Starmer basically thought, righto chaps, this whole America empire thing isn't working out anymore. Should we just bring back the British Empire? And then just got all of these world leaders, all of these ambassadors to sit in the same room and not invite the United States. Like, not even just the United States didn't feel like going there because they didn't have, they had more important things to do. Just like, no, no, you, no, you can't sit with us. That is revolutionary.

I never thought that I would see that sort of soft power shunning of the United States in my lifetime. Like I thought that the United States empire was going to decline in my lifetime. I didn't think that it would be happening this past. And I didn't think that I would ever

be seeing something like that. I thought that they'd just be like, how France has veto in the UN or something and it's like this hangover. Yeah, no, no, it's still important. It'd be that, but no, no, no, it's not even that.

And so now you just have actively one of the biggest lackeys in the world, which is us, proud to be their lapdog and us lapdog is just like, like really thinking about biting the hand that feeds us. I think that it's mostly because Jim Chalmers had a very comprehensive view of what he wanted to do in this term, what he wanted to release, what he wanted to reform in the economy, and that's all out the window now. I know from talking to people that work in Parliament that it has been a huge scramble over the last couple of months because what the budget was is no longer the budget.

That's all just apparated, it's a mirage, it's thin air. There was going to be a lot of cost of living relief. This was about the previous cost of living crisis, but then Trump just dumped another cost of living crisis on top of that. And so now they're kind of like, like well now we can't do that. He's still and apparently this is word on the street I don't know if this is going to happen because you never do until the budget's out but apparently he is still going ahead with housing reform which I'm

getting flashbacks I'm getting 2019 flashbacks I'm really scared but also on top of that yeah like yeah it does need to happen at some point. The planning behind that I think because look if we go look in my lifetime if there is one election that I think we can all agree god it would have been nice if Labor squeaked through on just that one. Yes okay it would have been awesome if Kim Beazley was Prime Minister purely because of all the fat jokes that we could have made but uh I think that it would have been Bill Shorten. Don't you think that 2019 election, because after that you had the bushfires, you had COVID.

And I think that we would have been set up so much better as a country if we had a government in as opposed to a man that has a marketing degree and we shit at marketing. That would have been better, I think. I think we can all agree now, can't we?

Oh God, I hope we can. We've done this to death but there was a couple of major reasons for that. Turns out, and this was released in the Epstein files by the way, that it was just Clive Palmer being like, I want more coal mines and so he just dumped heaps of money into the election to make sure that they lost. But then the other big one was, and this was all tied into that because he was also talking about housing, the housing scare campaign. That was a big factor of the loss in 2019. So Labor learning from its mistakes realised that in

the last election that they were going to have to promise that there was going to be no reforms on that. What they did instead was go for the supply strategy which was to just build many many many more houses as well as set up the social safety net which you know we've done it to the Greens blocking that was just deplorable on many an occasion it wasn't just the half, by the way, it was also and this is just a little tip. It's astonishing to me how many of you don't know this, but the government does take the burden of some of your house, the help to buy scheme exists.

There's people that come up to me all the time. I'm like, yeah, I've got it and I have to educate my friends on this. It's an astonishing thing that labor has set up, which is that a big percentile of your house is available for you to apply for the government to say, all right, we'll just own this chunk of the house. And so that immediately reduces your mortgage massively. So that was the big move in this,

was to just trying to like get rid of all the blocks to getting people into a house and that has had undeniable results. We could go into a long video about that. But the major thing that obviously needs to happen just like over the long term, but this is again, negative gearing and capital gains,

probably not gonna do anything immediately, but over the long term, as we've seen with Howard, it was a very corrosive, devastating effect on the economy and made it to this point where there were so many boomers that had to buy in to putting in like their investments into housing instead of superannuation. It's all a big conspiracy theory but the point is that that has really skyrocketed housing in this country, tightened the supply. So what Labor's strategy was was to just build so many houses that you

can kind of just outdo that. What I didn't appreciate at the time, and this is something that I should have picked up on because this is always Labor's strategy when they are in, their strategy is that you change what big business is. Like if you change the way that people make money in a country, you change the country, regardless of what government's in power. It's superannuation is a great example of it. There's a ton of others that should have been the ETS, thanks a lot, Greens,

but there's many of these examples of labor coming in, changing the way that the economy is being incentivized. And then as a result of that, things just start naturally correcting themselves. That was the grand plan of increasing supply, that they were signaling to property developers,

this is how you are going to make your money from now on. We are not going to be buying up existing houses the way that you are gonna make your money. And we are gonna help incentivize this. We are putting in a bunch of, you know, all kinds of regulatory assistance

for you to get this happening. We're also going to be putting in a ton of money, huge amounts of money spent on housing in the last term of Labor. What they are doing is they are ensuring that a huge chunk of the housing lobby that in 2019 sunk Labor, in this election cycle they're not going to be like, no that's my livelihood, because they're changing what their livelihood is. They're changing their livelihood from buying up existing housing

stock to creating housing stock. Do you see how that has opened up the playing field for these reforms to happen now? It was a genius stroke, massively, very, again, long-term thinking. This is the incredible thing about governments like this and you've got to give credit to Jim Chalmers as you can see by the fact that he is even contemplating bringing back Keating style capital gains the man's PhD was worth it so he really did study and has embodied Keating. So that is the grand plan there so I think that they're still going ahead with that

there's still I think going ahead with a bunch of NDIS reform because obviously as it's gone out like, you know We got big beef with Drew Pavlou as you can see

Yeah

There's a lot of money in it and what he will always deny to the grave is that labor has been addressing that I think That it was like an increase of like 20% That it was going up by and they've try and get that to like around the 5-ish percent of increase in NDIS spending right. So that's the next phase that they're rolling out on that. However, it's got to be said this budget are big big reforms in those two areas but other than that it's looking like it's going to have to be let's just weather out COVID 3.0 that Trump has decided to put onto the world.

There you go, One Nation voters. That's what you didn't vote for but seem to think that you do because you live on X so much that you think that you're a citizen of the United States.

That's him.

That is him. Just so you know. Because it seems like everybody else in the world has cottoned onto the fact that it's Trump's fault except for X. Hey! Also, I've got shows coming up in Darwin. I've also got shows coming up in some northern Queensland towns. I can't remember where they are. Look, they're on coming up in some northern Queensland towns. I can't remember where they are. Look, they're on

the link here. Thank you for listening. I'll have some more updates later.