Raymond Liu

speaker
1,052 appearances 6 recordings 1 series first heard Jun 2026 last heard 20 Aug

Raymond Liu’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
3 · Jul OctJan 26AprJulnow

Recordings per month over the last 12 months — 6 in all, peaking in Jul 2026 with 3.

Appearances

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Also, many companies didn't pass the full cost of the tariffs onto shoppers in the first place and absorb some of the tariff costs themselves to the business.
Right.
And then, you know, when I'm you were looking at this whole tariff thing, this uh the whole refund, it sort of flipped the idea that the this idea of tariffs it was supposed to be a revenue maker for the federal government, but now it's looking like a net cost for the federal government.
In July, just want to make sure I have the numbers right, thirty-three point four billion dollars of tariff money was refunded, but only twenty-four point eight billion dollars was collected, which is actually the third.
Consecutive month of negative net tariff revenue.
The CBO or the Congressional Budget Office recently said that the deficit for the fiscal year will be $2.1 trillion, which is about $200 billion more than what they expected or what they forecasted back in early February.
Trump has also cut into the revenue with in recent months by creating exemptions to uh due to consumers really feeling the price uh
the rising prices and they're hurting from the prices.
Um, for example, like the Moroccan fertilizer and lower duties for on farm equipment.
So, you know, basically the math ain't mathing.
Uh you know, consumers are still absorbing the cost, but the money that was promised from tariffs isn't coming in.
Okay, let's move on.
It's Friday, which means it's stock of the week, dog of the week time, where we pick one story that was assigned seat for B on their flight, and another who's stuck in boarding group F.
Kayla, you won the pre-show game of who has the best rooftop view in the company.
I can I can vouch for that.
So you get to go first.
I mean, it's kind of crazy what you can bet on nowadays, but I want to look at the survey in terms of some of the other numbers that they found.
Fifty-two percent of Gen Z respondents, as you mentioned, had diverted funds they originally allocated for investing into sports betting.
Then it's 14% of millennials, six percent of Gen X, and one percent of boomers, one percent.
Okay, grandma, go ahead and make your bets.
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