Governor Andy Beshear
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Podcast Appearances
Or it's that guy that has walked with you everywhere you've gone, has tried to protect you, and then you turn on him.
Or it's that guy that has walked with you everywhere you've gone, has tried to protect you, and then you turn on him.
Well, thankfully, we've got a really good pipeline of projects, and I think our economy will continue to be hot, but we're seeing a slowdown all over the country. In fact, this Derby week, Churchill Downs just canceled a $900 million project, or at least paused it. that would have added hundreds, if not thousands of construction jobs over the next year.
Well, thankfully, we've got a really good pipeline of projects, and I think our economy will continue to be hot, but we're seeing a slowdown all over the country. In fact, this Derby week, Churchill Downs just canceled a $900 million project, or at least paused it. that would have added hundreds, if not thousands of construction jobs over the next year.
And their president talked about it being because of tariffs, the uncertainty of what things will cost. And as you know, John, it's not just the current tariff policy. It's that it changes every day. It's the uncertainty of it. Right. Or two or three times a day. And what it also suggests is they just don't know what they're doing.
And their president talked about it being because of tariffs, the uncertainty of what things will cost. And as you know, John, it's not just the current tariff policy. It's that it changes every day. It's the uncertainty of it. Right. Or two or three times a day. And what it also suggests is they just don't know what they're doing.
It permeates. It permeates with that small business owner that was expanding and is now looking at laying people off. Small businesses are the first to hire, the last to fire, because when they fire someone, they know them. They might go to church with them. They'll see them in the grocery store and know the impact on their lives. And so, sadly, people are feeling pain.
It permeates. It permeates with that small business owner that was expanding and is now looking at laying people off. Small businesses are the first to hire, the last to fire, because when they fire someone, they know them. They might go to church with them. They'll see them in the grocery store and know the impact on their lives. And so, sadly, people are feeling pain.
pain in paying their bills, pain in running their company, and so that certainly permeates. But I tell you what I hear about just as much, and it's the potential cuts to Medicaid. Really? What it would do, first of all, for healthcare generally, I mean, Medicaid covers the people we love the most, our parents and our kids. 50% of Kentucky's kids have some Medicaid coverage.
pain in paying their bills, pain in running their company, and so that certainly permeates. But I tell you what I hear about just as much, and it's the potential cuts to Medicaid. Really? What it would do, first of all, for healthcare generally, I mean, Medicaid covers the people we love the most, our parents and our kids. 50% of Kentucky's kids have some Medicaid coverage.
70% of our long-term care costs are covered by Medicaid and rural healthcare. is supported and cannot exist without Medicaid and at its current level without expanded Medicaid. So imagine if you live in rural America and they do these cuts, your hospital system, which is your number two employer behind the public school shuts down. All those jobs are lost. It hits your economy.
70% of our long-term care costs are covered by Medicaid and rural healthcare. is supported and cannot exist without Medicaid and at its current level without expanded Medicaid. So imagine if you live in rural America and they do these cuts, your hospital system, which is your number two employer behind the public school shuts down. All those jobs are lost. It hits your economy.
But then you, whether you have private insurance or Medicaid, have to drive an hour or two for your appointment, for your parents' appointments, for your kids' appointments to see the same doctor who lost their job in your town in a bigger city.
But then you, whether you have private insurance or Medicaid, have to drive an hour or two for your appointment, for your parents' appointments, for your kids' appointments to see the same doctor who lost their job in your town in a bigger city.
Well, on the tariff side, we're seeing it right now. UPS just announced 20,000 layoffs, which is startling. What? Yes. Our bourbon industry has been hit. We've seen a bottling plant shut down.
Well, on the tariff side, we're seeing it right now. UPS just announced 20,000 layoffs, which is startling. What? Yes. Our bourbon industry has been hit. We've seen a bottling plant shut down.
Well, the last thing anyone should ever be deprived of is Kentucky bourbon. Sure. Because 95% of the world's bourbon is made here. The other 5% is counterfeit. And the whole world should be able to enjoy because with all this craziness going around. Sure. It can be helpful. But, you know, that does show how hurt Canada is, how it's not just these tariffs. It's the talk of the 51st state.
Well, the last thing anyone should ever be deprived of is Kentucky bourbon. Sure. Because 95% of the world's bourbon is made here. The other 5% is counterfeit. And the whole world should be able to enjoy because with all this craziness going around. Sure. It can be helpful. But, you know, that does show how hurt Canada is, how it's not just these tariffs. It's the talk of the 51st state.
And, John, by the way, they'd have the most electoral votes out of any state if that happened.
And, John, by the way, they'd have the most electoral votes out of any state if that happened.