“They’re Stealing From Us!” Adam Carolla Exposes Who’s REALLY Destroying The Middle Class

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The Iced Coffee Hour 1h 35m 4 speakers 8 chapters transcribed 3 months ago
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What are the foundational issues affecting the middle class?

Adam Carolla 0:00
Suomalainen kirjakauppa. The people that pay taxes, go to work every day, create, build, have employees, we want freedom. We want to be left alone. But the people who want what we have, they want control, but they do it under the umbrella of safety. It starts foundationally with public safety. Where we're heading as a nation is safe spaces and octagons.
Nithya Raman 0:40
So the new rules are aimed at making roads and communities safer.
Adam Carolla 0:43
Who's responsible? All politicians do is kind of lick their finger and just sort of put it in the air.
Nithya Raman 0:48
When I ran for mayor, I said I was going to tax the rich.
Adam Carolla 0:51
They keep coming up with ways to extract more money from people that are ten times smarter than they are. And the people that are ten times smarter than they are figure out a way to not give it to them, or they just move. What do you think is going to happen? If you don't own property, you're not really completely invested in America. You're just kind of floating around.

How do safety measures impact personal freedom?

Adam Carolla 1:14
It's impossible that you ever own a home. I don't know how that's sustainable.
Graham Stephan 1:24
Adam Carolla, thank you so much for coming on the Ice Coffee Hour. My pleasure. So I want to get your take on this. Ray Dalio just warned that the U.S. is entering years of turbulence driven by large deficits, widening wealth gaps, political divisions, and AI disruption. You're known for being the practical guy. What does this mean for the average person?
Adam Carolla 1:45
I think what I told Dr. Drew many years ago, And not many, but I don't know, 10 years ago. And Dr. Drew has always sort of come to me and said like, what's next? Where are we heading? What's going on? Because I've always predicted things with him.

What is the role of property ownership in American investment?

Adam Carolla 1:59
I said, where we're heading as a nation is safe spaces and octagons. And he said, what does that mean? And I said, there's a group of people that are interested in safety and they're interested in the government and they're interested in all the social programs and the safety nets and everything. you know, 10 months off paid vacations for childbirth and all this kind of nonsense. And they're going to live in the safe spaces. And then there's the other group that likes mixed martial arts and doesn't want to drive an electric car and likes owning a gun and doesn't want to be taxed and doesn't like big government. And those are going to be the octagon. And so we're going to just segregate or it's going to naturally happen, which it's already sort of happening now.
Adam Carolla 2:46
People who live in California go, I don't like any of this crap. I'm moving to Texas. and they just go to Texas and then they get to Texas and they go, I like it here because I like driving my truck and I wanted to build something. You know, the permitting process was easy and so on and so forth. So they like the freedom. The people that are producers like freedom, like the people that pay taxes, go to work every day, create, build, have employees. We want freedom.

How does California's political landscape affect its residents?

Adam Carolla 3:16
We want to be left alone. But the people who want what we have don't want freedom. They want the government to get involved and give us give them what we're earning, essentially. So we're going to just self-segregate into safe spaces and octagons. And then at some point, the safe spaces are going to start falling apart and they're going to have to go to the octagons and go everywhere. We need your protection or we need your money. It's basically like Hochul. Hochul is going to drive everyone out of New York and then they're going to go to Miami and then she's going to go, hey, come back and help support all our generous systems that you don't benefit from. Yeah. And those people are never coming back.
Graham Stephan 3:59
Now, you mentioned California. Has that become unlivable for the average person?
Adam Carolla 4:03
It's unlivable for the average person in that I was looking at a stat the other day just online. It just popped up and it said in 1970, the average home, it didn't say in California, it just said in the United States, the average home was $23,000. And the average income was about $10,000.

What economic predictions are made for the future?

Adam Carolla 4:26
So it was a little less than half of what the home would cost. California, you know, where I'm at or in Los Angeles area, average home's like one eight and the average income's probably $63,000, you know?

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