Vince Colonese

Last year, if my memory serves correctly, credit card debt exceeded $1 trillion for the first time in the United States. And people, as you told me, were using credit cards in order to make ends meet because their paycheck did not go the distance. This was panic spending. in terms of how people were using these credit cards. They were just trying to survive with credit.

Last year, if my memory serves correctly, credit card debt exceeded $1 trillion for the first time in the United States. And people, as you told me, were using credit cards in order to make ends meet because their paycheck did not go the distance. This was panic spending. in terms of how people were using these credit cards. They were just trying to survive with credit.

What's the credit picture look like right now? Has that improved at all?

What's the credit picture look like right now? Has that improved at all?

What's the credit picture look like right now? Has that improved at all?

Okay, tell me about jobs. Every time you and I talked to during the Biden administration, we kept getting these awful reports. What was happening were American citizens weren't getting jobs. Right. Native born Americans were not getting jobs. They were losing jobs under Biden. All of the job gains, to the extent that they were real, were going to immigrants to the United States.

Okay, tell me about jobs. Every time you and I talked to during the Biden administration, we kept getting these awful reports. What was happening were American citizens weren't getting jobs. Right. Native born Americans were not getting jobs. They were losing jobs under Biden. All of the job gains, to the extent that they were real, were going to immigrants to the United States.

Okay, tell me about jobs. Every time you and I talked to during the Biden administration, we kept getting these awful reports. What was happening were American citizens weren't getting jobs. Right. Native born Americans were not getting jobs. They were losing jobs under Biden. All of the job gains, to the extent that they were real, were going to immigrants to the United States.

And the job market was disproportionately being artificially inflated by government jobs, which are not really good jobs because they take, what, 80 private sector workers to fund every one government job? So what are the trends now? So on those subjects, on native born Americans, immigrants and government jobs.

And the job market was disproportionately being artificially inflated by government jobs, which are not really good jobs because they take, what, 80 private sector workers to fund every one government job? So what are the trends now? So on those subjects, on native born Americans, immigrants and government jobs.

And the job market was disproportionately being artificially inflated by government jobs, which are not really good jobs because they take, what, 80 private sector workers to fund every one government job? So what are the trends now? So on those subjects, on native born Americans, immigrants and government jobs.

I mean, Doge is... When has that ever happened before?

I mean, Doge is... When has that ever happened before?

I mean, Doge is... When has that ever happened before?

And that's where we are now. So the private sector is adding jobs. There's more full-time employment, more income. It's outpacing inflation. The federal government is laying people off. I'm sorry, tell me which part of this I'm supposed to hate. Exactly.

And that's where we are now. So the private sector is adding jobs. There's more full-time employment, more income. It's outpacing inflation. The federal government is laying people off. I'm sorry, tell me which part of this I'm supposed to hate. Exactly.

And that's where we are now. So the private sector is adding jobs. There's more full-time employment, more income. It's outpacing inflation. The federal government is laying people off. I'm sorry, tell me which part of this I'm supposed to hate. Exactly.

So let me... Lastly, the big, beautiful bill. I just want to ask you not about the whole thing. There's a million different components to it, but the tax cut component of it, making the tax cuts permanent, which is what they're trying to do, which President Trump wants to do, and giving some new tax cuts on things like on tips, overtime and Social Security.

So let me... Lastly, the big, beautiful bill. I just want to ask you not about the whole thing. There's a million different components to it, but the tax cut component of it, making the tax cuts permanent, which is what they're trying to do, which President Trump wants to do, and giving some new tax cuts on things like on tips, overtime and Social Security.

So let me... Lastly, the big, beautiful bill. I just want to ask you not about the whole thing. There's a million different components to it, but the tax cut component of it, making the tax cuts permanent, which is what they're trying to do, which President Trump wants to do, and giving some new tax cuts on things like on tips, overtime and Social Security.