Robert Croak
speaker
5,519 appearances
33 recordings
1 series
first heard Jun 2026
last heard 5d ago
Robert Croak’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 33 in all, peaking in Aug 2026 with 13.
Appearances
I think we'll leave it in there because I think it's pretty funny and it really is what it is.
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But at the Republican Party's midterm convention Wednesday night, President Trump put a literal price tag on keeping his party in power.
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He is quoted up saying, Because of our tremendous strength and success economically, I will issue a dividend to every adult citizen in the United States of America of five thousand dollars.
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Trump told the crowd, but only if Republicans both hold the House and Senate in November.
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And he compared it to, quote, what a successful American company will do, a cash distribution to its shareholders.
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I can't stop laughing that you started this all with bribe.
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But anyway, we remember the stimulation checks back during COVID, and this is looking and sounding very much like that.
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But here's where it gets worse.
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We've watched this movie before.
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Trump promised a $2,000 tariff dividend back in late 2025.
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And 10 months later, according to ABC News, those checks still haven't materialized, and worse.
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A chunk of the tariff revenue the government did collect actually had to be refunded back to the companies that paid it in the first place.
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So, on the funding math itself, the U.S.
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collected somewhere between $264 billion and $287 billion in net customs revenue for all of 2025 per the Richmond Fed and RBC Wealth Management.
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Make up just 2.9 to 3.3% of the total Fed revenue, which sat at 5.2 trillion for fiscal year 2025.
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And so you cannot fund a $1.3 trillion promise with a revenue stream that's currently bringing in a fifth of that in the entire year.
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Oh
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Even in the best case scenario where this becomes real legislation, you should think of a five thousand dollar check the same way you'd think of the 2021 stimulus checks, helpful in the moment, inflationary in the aggregate, and not something to build a financial plan around.
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When we were writing this, we talked about what the malls looked like when people got their STIMI checks back then.
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And it was pretty crazy to see the lines.
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