WWL>Topics>>5-9 8am Tommy, economy working for you?

5-9 8am Tommy, economy working for you?

May 9, 2016|

Tommy talks to Mark Rosa, Professor of Finance at Tulane, about how the economy is doing.

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Automatically Generated Transcript (may not be 100% accurate)

I've ready jaguar opinion poll which we started early on instantly. Recap the half time recap if you well I bombed the is asking you. London has a brand new Muslim mayor would you ever vote for. A Muslim. Apparently they had a crime problem too because in front of Harrods the big. Department story in us here and around the world. I don't it is 100000 dollar Range Rover parked in front. And I guess Anna who's inspired by this Carrie Underwood song or not because that is one of the the better songs about vandalism ever made criminal vandalism and then about you know Ryan who scratched his tires before ET December 1 as well. And letters passed. 100000 dollar Range Rover it's white the paint that we use to deface it is red day. And it says cheater on both sides it's over on the right front fender in and on the hood of hope she was worth it all cash Orioles domestic thing apparently so well you know. Yep and apparently so domestic job with sex. So 2601870. Something else we're gonna introduce as well as a a Muslim mayor would you vote for a Muslim or would that automatically exclude you. From voting for them. We're to talk about dumb again giving everybody a stipend instead of all the different welfare programs. As housing and food and everything else and presuming as I think many of the presumption of people receive aid aren't responsible enough to decide how to spend their money in the in my an idea bad idea. We talked to very neat gay regime you about that earlier. And she David was a senior research fellow all she knows her stuff. Will be choosing your fellow which makes me think what restroom which he used a hole outs plunges sane as to talk about that whole thing now. That's earning very serious and I'd love to nominee people in this country it actually affects your little confuse I'm very confused and we'll also talk about the economy numbers came out Friday. Let an exiled by the economy how does that work for you lesser booed seed duke how rosy economy working for you. Not good. Yeah. And out lies we tell me why it's why it's not good. But I thought it would. Three years. And that poll. You talked a wallet by wildcard now on the Mullen will. Get in the that can't get all quality. Ma. Bell it was a way of bird watching and they keep. Policies and wished them oh yeah. What kind of what kind of eight do you get besides Social Security. I'd give them that if I'm sick this is Google now on the Newton. So intrusive belt 62. Do you have enough. Money for food. And I presume you don't need Kyle for the hard at all. No I and that might. My the big outrage. And that's not grant Sony go to school. And argued ball so well. Do you literally quite good so to go to make that same thing people while I may alarm album. We can make ultimately. Brought over. One month tour the next one much it. For the people that are listening right now and asking the why did you retire at 62 did you pass to him. I wanted to and I'll mile wide Kamal Emmerich assortment of could you don't know what you. You all the way you know. I Lester I'm ready Kolb had a good day. To hide that sets choice we all have when it comes Social Security. At what point do you do you take it in would say. Maximum point. This is me attack Simpson and working local car dealership we love cars and you would think. Vandalized by scorned spouses that tell you blame and carry on Underwood she started all of this. Getting Tommy Tucker back in a flash seven W. When L Tommy Tucker 818 let me tell EA it's good. Today. Tomorrow and Wednesday with. Highs in the mid eighties all three days. 20% chance of showers if I didn't tell you that then Thursday. 30% chance for rain Friday September sent. And N Saturday and Sunday nothing but sunshine but it's going to be warm. When its highs around 87. In overtime on a whole lot of things is the economy is the economy working for you what I think. Job creed Yi she in if I get this right. Will as any lower than below normal with the economic. Figures that were released. On a Friday. And are you better off or worse off than you were a year ago. What's even make it four years ago or eight years ago and they get providing as situation Emma held a lot better off than it was eight years ago that stooges some. Career advances and I'd like to know your story. You're gonna oil patch I'm guessing you're not better off than you were. A year ago so is the economy working for you or not it's a simple yes or no. Would you vote for a Muslim candidate. If there was no connection to radical Islam and all that just happened to be is religion. Or her religion. Does that really make a difference as to whether or not some buddies Catholic or Protestant or Jewish or what have you. They arts and Muslim. Represented is I think two in Washington. And out there I think there representatives not senators. So I would like to hear from me it's music so 187 would that preclude you from voting for somebody. If they came out and said yeah I am Muslim my name is keen sue Hyde. And I would like to know what you think about that I'd like to think that it would not prevent me that if there was a conservative or libertarian. The Muslim that would hold it against them and I would vote for them but then you have to wonder how do you separate religion. From your political beliefs. And I don't think. I think that happens a lot more than people realize it's because it is Europe fundamentalist Christian. Then you want. A politician. That you support I would think to vote against gay marriage. So yet. That is not really that's more religious issue I think than it is. A practical political issue and understand about. Airship etc. And benefits but. If that same person I never did buy the benefits argument about it being more costly. Is it that person was and gay. Then they would marry a woman and then you'd still be paying for the benefits. So I don't I don't quite get debt. But I would like to know where'd where'd as a religion and politics word they come in. 260187. If you're agnostic. War atheists would you care if somebody was Muslim or. Jewish Catholic am trying to think of every religion years Zorro air stream and which use the oldest religion believe that or not. Or not wooded by the EU and would you presume that they are working for the overthrow the country. If they were Muslim. And the other thing we talk about this hour and I don't know this morning rather I don't know if this is com. If this is something that is much ado about nothing if that it is as somebody once said a solution looking for a problem. But the federal government is now getting. Involved in a North Carolina law that says you have to use the bathroom. Basically of the genders that you were born not. With the gender you identify. And Specter of man full grown men going into a ladies room. Because they identify. As. Women. This that's it wrong with Ian does this really happen often enough to generate all of the the talk and discussion. That it is a Glen on the causeway hang on we'll be right back to you and everybody else one line open. If you wanna granted a 2601870. Eight when he three time down WWL traffic iso London hasn't you mayor who is. Muslim. And there are some reports that his wife took off the high G but he's jobs. When he's job is now to be mayor wanted. IDs so bored me hygiene. Is what she took off. He's out is when she took off and now she's though wearing it now that the election is over. Would you ever problem voting for a Muslim browser would you automatically presume. That he or she. Would be loyal to radical Islam or Islam person in the country second. I would have a problem with a female Muslim candidate. That insisted on wearing the heat job. Because her husband told her to. And urges have a problem with the Muslim woman from what I know wanted being. Independent enough to ignore what the Muslim worlds doesn't do its best. The United States. Then again maybe I'm an idiot went on the causeway good morning and DeVon W well thank you for calling it or are built well ma'am thank you for calling there. Mentioning that. The country can't wrote in a boating are entity. That cap. I don't know that but I remember here read in history that the thought. When he was first Catholic president or something. Act Ali and I mean it took. It's ridiculous I mean it doesn't have anything your religion and it would appear out and Ali port here and it. I so let's say it is because it is a different culture than catholicism would you not agree. Well court heights oh if you had a Muslim woman running for. And office president vice president or whatever and she was wearing the huge job. Because their religion if I'd known exactly how it works her husband. Forces are to war per Euro or whatever. Would you then presume maybe you know one that her loyalties may lie more with their religion. Then with preserving the United States I would not fear it from a com. From security sampling because I think there'd be some many checks and balances. Nobody could get away with anything even even if it's a hum. You know John McCain whom every campaign the last person in the world you'd think they would do damage in the United States I don't think they could because of checks and balances. But in terms of waking up every day an enemy country is the first thing on the plate. You have no fear that at all. Not me out there. May get checked out. Let's say it will be better at it again and you know you're not I would be. They're all not at all. Who and so are going to add. Well I'm just gonna ask you about his bathroom thing Dee Dee you cousin in tanks from people's alien. From. That basically. You would dumb have a guy with silent killer from the silence of the Lindsay identified as a woman. Imagine him at the bathroom with your wife and child. Looking for his next victim. Did is that no hyperbole is anxious much ado about nothing. I think it's much ado about nothing like Kubrick. Well your end but I got in the stall ultimately they entered into an adult dealing lot rank. You know I don't think it's. You. I numb. At first thought it was and now I'm saying that it's really not landlady cult. Have a good day and I six 1870 more calls when we come back it to six though. 187 you're also are not guaranteed minimum income mean to say in all of the different AE. Federal benefits programs etc. for people letter in dire straits. And they combine them as like you know a huge two grand. Use and how you like that's alteration ninth inning getting any more. And you would that be more of an incentive repeat lower because they know there's not a line and unlimited fountain. Mom or would it be less of men incentives and an idea from him and we can't trust you to handle your own money or to be honest enough. To take federal assistance if you don't needed so therefore we inning giving the money. In two ribs in dreads is opposed to here's your money. Use it wisely because I knew you will right now time for them W offers news and for that we go to rule. David like David Blake you know we're talking on Sanctuary Cities last week and apparently there is a news sanctuary neighborhood against. Neighborhood began for the peacock that's been roaming around uptown. It is it is now a sanctuary. Neighborhood if you will and the peacock is protect. Did great shot did you see the peacock looking into the is reflection in the garden reason is that he thinks is another peek up Bashar. And that's when he got details I remember is strictly winning handle big feathers out now that that's an enemy it was. Either threatening other males and worry showing off you know I mean yeah strut his stuff retirement as bathroom thing to win in North Carolina and what are you supposed to whip out your birth surgeon regulars aren't you scared me there. While I. Am lie low. I'm gonna take your call and let my blood pressure go to Australia. Darryl in mid city importing your debit WL. As a Blake hit it the power ball there for a second it was bidding is all farewell. And. It I would jacketed soccer in a deal on them on the Muslim there and want that outlook was shocked that debt. You know it that they elected to because he wasn't caught fire like that which you know I mean life whereas with the British. And it's been years and years and so. And any humans were video but. You know it's it's just that they're pretty conservative as as a group. You know I mean I guess it got levels and so last I was. While ironically this is the conservative candidate. And I and I got there. You know it is America congress there are too as well members of the US football but more American born. And I think it would probably qualify and I argued differentiate like possible. Keep all that he's got Minnesota. And not great cause and I think he's from Indiana so we have to. Practicing Muslims in the US worst. But it's definitely I think. EG visitors and what you it was actually appointed to the pitch as superior court state a state court. But it was done Republicans got great guests who was Chris Christie actually appointed a former board muzzle. To the court in New Jersey it got famous so tail off. I think he didn't like we're at forty years ago in those as guys and served on the bench. You know for a number of years already now you know where maybe you would expect that from somebody like Chris Christie is you know all the Republican. Paranoia on which doctors and a war because marble and the more conservative. This did this other religious groups so it's been perfect fit for the Republican. Darryl like you know what I can't disagree with viewpoint well I don't know that the Republicans are Muslims but I. You know in terms sure royal ball or anything like that but. I don't know how to answer exactly but I will say this I'm Chris Christie I don't think there's been opposed to buck in the system and doing what he thinks is right. And thank you for calling and I think the other thing that surprised me about the mayor of London is. Perhaps it you know it did make some differences man is qualified is Sonos is. Loyal to the UK is anybody going to be some oil perceptual. If for example a big high office. Somebody that was Muslim would run good day achieve. Enough support or would they automatically be excluded because they are Muslims will be back Tommy Tucker WW. 900 talk about this North Carolina. Law AI making him. The nature of the news is such Indy issues and politics. When January 1 rolled in. Months and five months ago and if we were looking at hand and say you know. Big thing in Maine is going to be men being neighborly is a women's restrooms of say. Identified as female. And females being used men able to use men's rooms. If there identify areas as males. And I'll tell you what have you ever been and busy saints team and I've seen this firsthand. And somebody has to go. I've already seen women go to the men's room. Man. And cede this to the stalled to them because they had ago. Agassi might it work the other way I don't know all those their seems to via. I'm not a ideas I'd aids is acceptable and a woman doesn't in the men's room and a me and resident league east room mate fifteen mark Rosen joins right now professor of finance it too late morning mark. Thanks statement time when some tell why. The economic figures from Friday look like as you know these hours and. Well what they are good numbers we are 60000 jobs created nationally. Economists were expecting around 200 which was more the past twelve month average. It would blow now wouldn't I wouldn't react to heavily to bat well you know one data point does not mandate. But he believes in port caused by many people as Labor Department reported. People drop out of the work force so they no longer coated and lol so that that portly frustrated that some. Oh wait he can't keep dropping out of the workforce unless they die away can make is we keep hearing about that. In a couple of oh we. Aperture toward the report when it was reported that people coming back into the work force and unemployment rate actually. Rose because it will come out with. Only common article it was a good report. It would attract people come in about 500 ultimately the department at any minute that one was earlier this year. You institute and old Serb. Nicole in 2000 schools in the Serb well and that's it so it you rely just on. A single month report even though slow work and it was and I it would. Good news out of tag might keep it from racing interest rate might be on or are a couple of month or a complete. What came out last week lowered their consumer credit rose Eddie where he. That we. Can and more. Good. It was it was enemy and ship. The first quarter GDP was only 11%. And a terrible statistic. And you know it was very well it's a lot of web related concern about economy concerned about trying to conserve the bottle. Okay it will roll call. What idiot. But I think that second quarter it was cool because that was. We do corporate or. At least for the collision took a quarter. It's like. Well the consumer really woken up according. That the price of oil being low cost energy wrote that it expenses. It incurred people go out there. So a lot. Of employment report was consumer spending. We'll get spending. That out this week's it will retail sale late. I'm in terms of seals. And a housing starts are very important I don't mention a lot of that is put on. Credit card he'd drawn growing at a second here Heidi you. Drug it was between increased sales and sales that are done by credit card boosters statistics kept separately. Everybody ID determine what's good and bad when it comes this is like a typical point. You can get the tipping point here at the percentage of people's take home pay that could soak that in credit. So you can number's a two I don't think we approach those numbers yet. So it was it was really encouraging countries in the EU with. GDP that's going to be a close to zero. Could be recession like unity you can elect or so helping those in the troop I'll be anxious to the retail sales outlook into the week. April make up 70% issue would be a lot of people including. Make up 70% of GDP. So that retail sales report can be important. Your salary. May 70% of GD. Homered Q because when he isn't gonna hand you wanna I wanna talk about strict. Numbers politics aside in the economy. And how the economy's changed in the last eight years President Obama inherited. A mess. When you come back next time next week next month whatever it like you to think about that. Name mark Rosa. As a finance lanes prestige is AB Freeman school of business some more we can bag 55 times now. But a real traffic.