The Greatest Theft in the History of Mankind

Summary

Armstrong & Getty On Demand

Episode: The Greatest Theft in the History of Mankind
Release Date: May 8, 2026
Host: Jack Armstrong & Joe Getty (iHeartPodcasts)

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Episode Overview

This episode of Armstrong & Getty is a whirlwind tour through some of the biggest issues currently facing the U.S., including the rise of antisemitism in mainstream discourse, wild shifts in influencer and political rhetoric regarding Israel and Islamic extremism, America's record-breaking debt crisis, failures of urban policy in West Coast cities, and a medley of lighter moments, all delivered in Armstrong & Getty’s signature style: exasperated, sardonic, occasionally bleak but always sharp, fast-paced, and irreverently honest.

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Key Discussion Points & Insights

1. Rising Antisemitism, Social Media Misinformation, & Right-Wing Influence

[03:57–10:54]

• Fox News Personalities and the Israel Discourse

  • Jack and Joe scrutinize the growing trend of influential right-wing commentators (e.g., Tucker Carlson, Megyn Kelly) turning sharply against Israel or expressing pro-Islamist views—motivated, they suggest, by monetization and foreign funding, particularly from countries like Qatar.
  • "You got a sitting member of the House of Representatives on Tucker Carlson’s show...calling for a federal investigation based on a fake, AI-generated screenshot implying a DHS Twitter account was set up from Israel." — Joe Getty [05:49]
  • They report on how both Tucker Carlson and Megyn Kelly dramatically shifted their rhetoric, possibly indicating grift: "She is so clearly being paid by Cutter or similar. I mean, that is so diametrically opposed...to what she was saying a couple of months ago." — Jack Armstrong [10:54]

• Antisemitism and Conspiracies in Politics

  • They criticize Rep. Thomas Massie for believing and amplifying online conspiracy theories about DHS being controlled by Israel, highlighting the absurdity and danger of such thinking.
  • Jack calls for accountability: “Thomas needs to resign today. That’s bizarre. It’s horrible...My Jewish friends...they're not amused by this stuff at all.” [07:07]

• Trend Toward Monetized Outrage

  • Multiple influencer responses are read aloud, showing how “grifter” content on both anti-Israel and anti-Islam lines attracts monetizable audiences.
  • "Grifters found a market. Monetizable audiences are apparently fungible economic units to them. How about that?" — James Lindsay, recited by Jack [14:03]

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2. America's Crushing National Debt Crisis

[16:41–35:37]

• Staggering Debt Milestones

  • The U.S. national debt has now surpassed its GDP—outside of war or a pandemic, this is unprecedented.
  • “Our debt per year is now bigger than our economy. And our economy is huge, absolutely huge.” — Joe Getty [22:16]

• Why It Matters (and Why No One Cares)

  • They read from and comment on Kevin Williamson’s analysis: beyond the $31T federal debt, at least $88T more is owed in unfunded entitlements—“just over the economic output of the entire human race in 2025” [29:08].
  • The largest drivers, they argue, are Social Security, Medicare, Medicaid, national security, and compounding interest, not smaller targeted programs or simply tax cuts.
  • The only plausible solution? Massive entitlement reform, higher taxes, and/or deep defense cuts—none of which are politically palatable.
  • Jack’s punchline: "It’s the greatest theft in the history of mankind from one generation to another." [35:37], referencing how government stokes inflation to devalue savings and allow debt to shrink, effectively robbing savers and future generations.

• Apathy & Inevitable Decline

  • They conclude that neither party is serious about fiscal responsibility, likening the situation to aging—unavoidable, tragic, and already set in motion.
  • "My kids will live in a...United States that's nothing like the one I grew up in. But it's...baked in the cake already." — Joe Getty [35:07]

Memorable Quotes

• "If the aforementioned facts and figures don't turn you into a hardcore raving wild-eyed fiscal conservative, nothing else we can say would." — Jack Armstrong [34:11]

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3. Urban Policy Failures: Drugs, Crime, and Retail Collapse

[43:22–48:04]

• Insight from Lived Experience

  • A Seattle homeless man and recovering addict, Corey Ratliff, explains why lenient city policies (free drug paraphernalia, non-intervention in encampments) keep people stuck in addiction and homelessness.
    • "What helps the situation is to hold us accountable. If we're slipping in the streets...arrest me, don't give me a slap on the wrist, don't let me go...That time in jail is enough time for me to think..." — Corey Ratliff [43:47]
  • Jack and Joe agree, with Jack summing up: "That's not brutality if you do it correctly. That's compassion. Idiots." [46:10]

• Retail Exodus from Portland, OR

  • Listing an array of major closures (Nike, Walmart, REI, Starbucks, US Bank, Nordstrom, CVS…), Joe and Jack point out that rampant theft and permissive policies are hollowing out the city’s economic core.
  • The steep decline in property value and tax base is described as predictable. “Policy, folks. Policy.” — Jack Armstrong [48:04]

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4. Lighter Segments & Banter

[37:00–43:11]

• Eating Emotions & Food Preferences

  • Jack and Joe riff on “eating your feelings”, favorite comfort foods (pizza, pie, blizzards), and Joe’s post-chemo chocolate milkshake habit. Bleak humor abounds: “When they hand that blizzard to you upside down, come on…” — Joe Getty [40:10]

• UFO Files & Bureaucratic Transparency

  • Quick asides on newly released Pentagon UFO files. “If somebody gave [these images] to you out of context…you couldn't come within a million miles of guessing what it possibly…could be anything.” — Joe Getty [27:03]

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5. Brief Coverage: Ohio State Doctor Scandal

[21:03–22:16]

• News update on hundreds of Ohio State football players joining a sexual abuse lawsuit against their long-time team doctor, Dr. Richard Strauss.

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Timestamps of Important Segments

• Fuel Prices & Inflationary Struggles: [03:15–03:57]
• Antisemitism, Misinformation, and Media Shifts: [03:57–14:26]
• National Debt Crisis Deep Dive: [16:41–35:37]
• Drug Policy, Urban Decline Stories: [43:22–48:04]
• Food/Eating Banter: [37:00–43:11]

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Notable Quotes

• On the Israel/DHS Conspiracy Theory

  • "It's the Jews, which, which to me, that sort of thing is always so crazy to me is that like if, if they were trying to pull one over on us, you don't think they'd hide their tracks better than that?" — Joe Getty [06:50]

• On Monetization Behind Shifting Rhetoric

  • "Grifters found a market. Monetizable audiences are apparently fungible economic units to them." — James Lindsay, via Jack [14:03]

• On Debt and Inflation Theft

  • "It’s the greatest theft in the history of mankind from one generation to another." — Jack Armstrong [35:37]

• On Enabling and Accountability (Seattle Addict Testimony)

  • "Now we're encouraging and enabling a drug addict and a homeless to be comfortable in that situation. That does not help the situation. What helps the situation is to hold us accountable." — Corey Ratliff [43:47]

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Tone and Style

The hosts maintain their signature blend of blunt candor, sarcasm, and world-weary dark humor. They move rapidly from grave warnings about the nation’s trajectory (“wake up and smell the misery”) to sardonic, bordering-on-manic banter about Dairy Queen and pie. The language is conversational, peppered with exasperated jokes, pointed asides, and moments of gallows humor.

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Conclusion

This episode is quintessential Armstrong & Getty: a bracing, at times bleak, indictment of America’s political and cultural malaise, sharpened by a focus on media grift, financial irresponsibility, social breakdown, and an undercurrent of mournful resignation about the future—interspersed with food talk and absurd UFO news for comic relief.
Recommended for: Listeners who want a fast, punchy, and unvarnished take on current events, major policy issues, and the sometimes bizarre state of public discourse in 2026.

Transcript

[Jack Armstrong]

This is an iHeart podcast.

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broadcasting live from the Abraham Lincoln Radio studio at the George Washington Broadcast Center. Jack Armstrong and Joe Getty.

[Jack Armstrong]

Armstrong and Getty. And here's Armstrong and Getty.

[Joe Getty]

More than 8 in 10Americans said struggles at the gas pump are putting strain on their finances, while the other two Americans couldn't talk right now because they

[Jack Armstrong]

were busy sucking gas out of their neighbor's Subaru.

[Joe Getty]

I don't understand questions like that. So is this causing you financial hardship, having to spend more money on gas?

[Jack Armstrong]

Yeah. Now I love it. Of course. What is a quick question is that?

[Joe Getty]

And what does that prove?

[Jack Armstrong]

All right, whatever.

[Joe Getty]

I like it when the price is

[News Reporter]

lower

[Jack Armstrong]

is the thing. Say 88% of Americans. Back to you, David.

[Joe Getty]

We've spent a lot of time this week trying to figure out how big a deal it is that some of your influential influencers. That's a good word phrase, are so anti Israel, anti Jew, including all of a sudden, Tucker Carlson's been that way for quite a while, although he made his turn very suddenly several years back. Megyn Kelly, also a really, really big deal in Fox News back in the day, has her own thing and she made the turn just in the last few months from really bad mouth and hardcore radical Islam to, you know what? I think I've been misled by Israel.

[Jack Armstrong]

Yeah.

[Joe Getty]

And the Fox crowd that's just so pro Israel. They've, they've convinced me of some things that just aren't true.

[Jack Armstrong]

Yeah. More on Megan coming up in a minute.

[Joe Getty]

This is an interesting one. So you got a sitting member of the House of Representatives on Tucker Carlson's show yesterday. His name is Robert Massey. Thomas Massey, sorry, Thomas Massey. And he was on Tucker's show yesterday and said this.

[Thomas Massey]

Another fact. When X decided to show you where accounts were based, where they were set up and where they were operated from, the DHS account showed Israel that it was set up. The U.S. department of Homeland Security's X account was set up using an IP address from Israel using an Android app purchased in Israel. And that doesn't trouble people. Like there should be an investigation over why when the DHS set up its Twitter account, it was set up in Israel. Now, they claim if you ask Rock about this, he'll walk around the bush with you, of course, and, and say that, well, there were some glitches back in the old day and there were some contractors involved and you could, you can never get to the bottom.

[Joe Getty]

So I just find this hilarious that I get the sense he believes this. Anyway, there are many problems with this. First of all, why would DHS do that? And it's. They wouldn't and they didn't. It's all based on a screen, a fake screenshot, an AI generated screenshot that made the rounds on social media a while back. The image went viral in November showing what was just described there and an IP address from Israel. Anyway, it's been shown by many people that it's clearly not real.

[Jack Armstrong]

Right.

[Joe Getty]

But a sitting U.S. congressman calling for a federal investigation based on this, on Tucker's show, saying it to millions of people who are going to run around and tell their friends that even the Department of Homeland Security's Twitter feed is based out of Israel.

[Jack Armstrong]

It's run by the Jews.

[Joe Getty]

It's the Jews, which, Which to me, that sort of thing is always so crazy to me is that like if, if they were trying to pull one over on us, you don't think they'd hide their tracks better than that?

[Jack Armstrong]

Yeah, I don't know. I, I can't even go that far. Thomas needs to resign today. That's bizarre. It's horrible. And trust me, my Jewish friends and I talked to, about, talked to them about this a couple of days ago. A couple of Jewish friends of mine, they're not amused by this stuff at all. Not at all.

[Joe Getty]

Since actual attacks are up on synagogues and human beings walking down the street,

[Jack Armstrong]

you know, like in the entire Western world.

[Joe Getty]

Yeah, all over the world.

[Jack Armstrong]

That radical chic we were talking about, like Dostoevsky talked about, it's, it's back. We're in for another round. Well, here's its unholy cousin, anti Semitism for another round. That's going to be every bit as brutal and idiotic as the previous ones.

[Joe Getty]

Do you think Thomas Massie believes that?

[Jack Armstrong]

Yeah, yeah, I do. I do. I've never been sure whether he's like a solid libertarian with some odd tendencies or he's an oddball with some libertarian tendencies. Now I'm leaning toward the latter.

[Joe Getty]

His Twitter feed says engineer, farmer, inventor, 30 patents Appalachian American representative Thomas Massey, who has almost 2 million followers on the followed list. The lead names are Candace Owens, Scott Adams, and Lara Logan, which is some Interesting company in a variety of ways.

[Jack Armstrong]

Yeah. Yeah. And you notice Tucker Carlson, Tucker Tarlson, who's on the payroll of Cutter allegedly

[Joe Getty]

or Kelly Allegedly or is that nailed down?

[Jack Armstrong]

They, it's. Oh, it's, it's almost undoubtedly true. I mean, the paper trail is there. They finance his media company, they set up his softball interviews and the rest of it. They're as ridiculous as that assertion was. They're more than happy to go along with it because it's anti Israel. These are very strange and troubling times.

[Joe Getty]

What do you think is going on there? Do you think it's a cash grab, like it's a money thing? Or do you think, for instance, Tucker Carlson just actually believes Israel is an evil country that has, you know, got the United States under its sway and we need to break free?

[Sponsor Voice 3]

I don't know.

[Jack Armstrong]

I don't know. I suspect it's just a cash grab there. I mean, it could mix, I suppose. No, no, it wouldn't mix like that with the whole Putin's trying to save Western civilization thing. Because if you give away Western principles to Sharia law, you're not saving Western civilization by any stretch of the imagination. Unless they ghost. They've gone so far with the whole rainbow coalition queer transsexual thing is so dangerous. The Russian Orthodox Church needs to join with radical Islam to stamp it out. Man, if you think that you really need a padded cell to keep you and the rest of humanity safe.

[Joe Getty]

So we've played this clip a few times. This is Megyn Kelly. The other day, she was talking to her friend Mark Halprin about Tucker's growing appreciation of the Muslim world.

[Megyn Kelly]

I think he's understanding there may be some new listeners over here. You know, like, he's gotten very, very popular lately. I read with Muslim viewers because he's been standing up for Islam, you know, and I have to tell you, Mark, it's been something I've noticed just since I've gotten a sort of more clear eyed on Israel that a lot of the anti Muslims rhetoric that's put out there originates with people who are very, very pro Israel who kind of need us to demonize them. And I've taken a look recently at my own rhetoric on this to say, like, have I been manipulated? I want to make sure I'm not getting manipulated.

[Jack Armstrong]

Wow, she is so clearly being paid by Cutter or similar. It's. I mean, that is so diametrically opposed as we played yesterday to what she was saying a couple of months ago. I could list you the quotes here. Islam is not consistent with the values of America, the West. They should stay in countries that don't care about keeping church and state separated. They should stay in countries that don't care about protecting free speech. They should stay in countries that don't care about women's rights. On and on and on. A strong and unequivocal screed against fundamentalist Islam a couple of months ago and now she's got some clarity on Israel and is thinking differently. Well, let's go through a lot of the names you might know and was

[Joe Getty]

misled, all those things that she said by Israel. Now.

[Jack Armstrong]

Steven Crowder, you're wrong. Megyn Kelly Being pro or anti Israel doesn't change the fact about facts about Islam. Muslims have killed countless Christians, Jews and non Muslims. They've enslaved millions. Child marriage is permissible. Men can marry four wives. Female mutilation is regular genital mutilation. He goes on and on and on. It'd be worth looking into, but we don't really have time. Nathan Livingstone Megyn Kelly's inexplicable backflip on Islam. In the past four months, she's gone from saying it's your duty as a Christian to stand up against it and fight to now celebrating Tucker's growing Muslim audience seemingly Steven Crowder Just a thought. Maybe anti Muslim sentiment actually comes from the fact that 198 million Muslims worldwide support the use of violence against civilian targets to defend Islam. Ben Shapiro urged her to go get them. Clicks Washington Examiner's David Harsanyi she's just an empty vessel. When she was at Fox, she was a conservative. At NBC, she became a liberal. She was anti Trump when she thought he'd lose. She was pro Trump when it was convenient. Now she just mimics Tucker for hits. Kelly thinks she's speaking for young people who reject the stodgy conventional wisdom re Islamists. Find your dignity, woman. You're freaking 55 years old. Acting like a feedback loop for mobs of ignoramuses and moral degenerates online isn't going to save your youth. Count me a big David Harsanyi fan. I already was, but let's see a couple more I wanted to get to. Dave Rubin predicted Megan will pivot back to Trump soon, try to gaslight her own audience that none of this happened. Unfortunately for her, the Internet is forever.

[Joe Getty]

Yeah, I used to think that worked, but it doesn't seem to matter that there are receipts out there in some cases with some crowds.

[Jack Armstrong]

Mark Levin Nobody made the woke Reich become anti Trump. Anti American, anti maga, anti Christian or anti Jewish. They sold out to the left, to foreign audiences and autocratic governments, and looked for ways to explain it, justify it, deflect, scapegoat, etc. Tempted to finish that one. It doesn't want to open.

[Joe Getty]

How far does this go? Because there seems to be a pendulum swinging here or we're on a continuum. How far does this go

[Jack Armstrong]

further? James Lindsay writes, grifters found a market. Monetizable audiences are apparently fungible economic units to them. How about that?

[Joe Getty]

Will we have a House member somewhere get elected on. Just flat out, it's the Jews. We got to do something about the Jews and get elected into the House.

[Jack Armstrong]

Yes. It's already happened several times. They're just. They speak in Arabic or in code that their audiences understand.

[Joe Getty]

Well, yeah, that crowd. Yeah. I'm just wondering, like a guy like Massey.

[Jack Armstrong]

Oh, openly, like.

[Joe Getty]

Yeah. Who just openly runs on that. That's his, like his platform.

[Jack Armstrong]

The dude who's running in the Michigan Senate primary is. Is doing that. One final quote from Stephen L. Miller. The giveaways are turn almost tracks chronologically to Tucker's turn. It's about new eyeballs here. That's what was admitted here. Yeah. Unbelievable. What are we talking about, Michael? Oh, rough greens for your pup to help your pup live a longer, happier life. Dog food, it varies, right? But man, a lot of those nutritional things that your dog needs aren't in there. And Rough Greens is a supplement you sprinkle on top of the dog's food that rounds out that nutritional profile.

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[Jack Armstrong]

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[Joe Getty]

By the way, the head of Twitter X came out a while back and Called that screenshot that Massey was using for his evidence that the Department of Homeland Security is based out of Israel. What? What the hell? What the hell? Anyway, the head of X came out and said, no, no, no. That. That's. That's fake news. That's absolutely fake news. That screenshot that is floating around Twitter. But, you know, convenient to ignore that. Oh, boy. Again, I don't know where this is going. Probably not somewhere good.

[Jack Armstrong]

Certainly not for Jewish people.

[Joe Getty]

No. All right. We could hit you quickly with the line we crossed in terms of our debt this week. Yet another line. It's like with your weight, you know, where you decide, here's my absolute maximum. And then you kind of blow by it and you think, all right, I got a new maximum. But this time I'm serious. I've done that myself.

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[Jack Armstrong]

Even doing that anymore, right?

[Joe Getty]

We don't even do that. We're. We're at the. You know what? I don't care. You only live once. Yolo. Let's. Let's get it on. We're at that point. More on the way. Stay here.

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[Jack Armstrong]

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[News Reporter]

Former Ohio State football players, including several who went on to play in the NFL, are joining a federal lawsuit against the school alleging they were sexually abused by a team doctor. That doctor, Richard Strauss, worked at Ohio State for two decades beginning in 1978, and in that time hundreds of student athletes alleged he abused them. Today, a lawyer in the case said three members of the Buckeyes 1980 Rose bowl team, Al Washington, Keith Ferguson and Ray Ellis, agreed to join the lawsuit. All three played in the NFL. Washington said he decided to come forward after watching the HBO documentary Surviving Ohio State.

[Jack Armstrong]

So

[Joe Getty]

I thought that was pretty interesting. So you got hundreds of Division 1, one of the top football programs in the nation, hundreds over many years in A lawsuit against the university for being sexually abused. But they didn't get into what the sexual abuse was. What, what do you suppose it was by a team doctor that he was doing to him?

[Jack Armstrong]

I'm not gonna get into that.

[Joe Getty]

Well, I'm, I just, I don't. Can't even imagine what it is. I really like, don't. I'm not trying to be funny here or dirty. I just like, I can't even imagine. What would you be doing to big college football players that they would then not say anything about it for decades? Hundreds and hundreds of players just surprised that you got away with it.

[Jack Armstrong]

Yet another college sports program with a monstrous perv in their employee who got away with it for a long time.

[Joe Getty]

So whatever he was doing, people would say, what the F. But go along with it because they didn't want to get kicked off the football team or.

[Jack Armstrong]

Yeah, you tend to do what the doctor tells you to do. Put up with whatever intrusive exams they tell you are necessary.

[Joe Getty]

Wow, that's something. Anyway, I'm sure more details will come out of that in the lawsuit. We hit a heck of a milestone this week. The US debt hitting a very, very should be worrying milestone. But Washington didn't notice either party. The debt is now outgrown the size of America's economy. Our debt per year is now bigger than our economy. And our economy is huge, absolutely huge. We have a $31 trillion economy, but we have a 31 trillion dollar debt also. And it is now surpassed that. And it is going to grow faster than our economy could possibly grow. So from here on out, the debt is now bigger. So it's the same as you have as much. You have to go with like credit card debt because you can't go with your house and carved comparing it to a family. Let's talk unsecured debt. Money's already spent. You've got no value left in it whatsoever. It's just debt. You'd have to have unsecured debt more than what you make a year. That would not be a good place to be.

[Jack Armstrong]

No.

[Joe Getty]

If you've ever been there. And that's where the country is right now. And we cross that line. We've been there before World War II briefly, and the pandemic very briefly, when we were shoveling money out the door. Those are two extreme circumstances. We now during peacetime with the stock market setting records. Unemployment at 4% are there.

[Jack Armstrong]

Right. Kevin Williamson wrote a great piece about this. He has a couple of paragraphs that are nasty. Then he writes oh, don't worry, it gets worse. Then another paragraph that's very nasty, then says, oh, don't worry, it gets worse. And then another paragraph or two or three or four, and you can guess what's coming next. And he's right on all counts. But nobody wants to talk about it, so neither will we.

[Joe Getty]

How do you ignore that? Well, everybody does. Okay, other different stuff coming up.

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Armstrong and Getty Most Mother's Day gifts end up in a drawer, but a song lives in the heart forever. This year tryjoybox.com is giving away 1 million free custom songs to celebrate 1 million incredible moms. Just share a few memories and joy. Box produces an original trailer and greeting card just for her instantly. It's the most personal gift you'll ever give. And right now it's completely free. Make mom the star of her own [e-mail] 1,000,000 songs $0 [e-mail] Fatigued mood changes, skin shifts.

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[Sponsor Voice 3]

That's innerbalance.com support for the show comes from Public, the investing platform for those who take it seriously. On public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year. You can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you translate for your portfolio. That's public.com podcast paid for by Public

[Sponsor Voice 4]

Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors llc SEC Registered Advisor. Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice.

[Sponsor Voice 3]

Complete disclosures available at public.com disclosures this

[Jacob Goldstein]

is Jacob Goldstein from what's yous Problem? When you buy business software from lots of vendors, the costs add up and it gets complicated and confusing. Odoo solves this. It's a single company that sells a suite of enterprise apps that handles everything from accounting to inventory to sales. Odoo is all connected on a single platform. In a simple and affordable way. You can save money without missing out on the features you need. Check out Odoo at O D O O dot com. That's O D O O dot com

[Joe Getty]

Breaking Stupid People News Breaking Stupid People news. Oh, that's probably too

[Jack Armstrong]

News breaks the donkey bra.

[Joe Getty]

The Pentagon

[Jack Armstrong]

wool.

[Joe Getty]

The wool is the added into the breaking news for in my mind, stupid people. The Pentagon has released files on UFOs. The initial files are murky images that show what could be anything. It says, finally, and I'm looking at some of the pictures. If somebody gave that to you out of context, like didn't mention UFOs and just said, what is this? You, you, you. You couldn't come within a million miles of guessing what it possibly. It could be anything. Oh, it's your ultrasound. Is that your baby? Or. Oh, you know, it's modern. It's modern art. Or could be anything. This is what happens with the corona

[Jack Armstrong]

virus, blown up to 5,000 times.

[Joe Getty]

Or this is. This is what happens when you put the film backwards in your camera. What could be anything. There you go. Enjoy that.

[Jack Armstrong]

Right? So I'm going to do this against my better judgment as an entertainer, in service of my judgment as a patriot. Now, I'll try to keep this fairly brief. I can't move on from the national debt and deficit. Federal debt.

[Joe Getty]

We crossed the line this week. It is a big deal. We crossed the line we now have. Our debt is bigger than our gdp.

[Jack Armstrong]

Correct? Correct.

[Joe Getty]

And peacetime.

[Jack Armstrong]

Yeah. And here is my rationale. And this won't take terribly long, so hang with us. Then we'll be on to more satisfying fare. But when this poo hits the fan, everyone will be terrified, horrified and confused. You will merely be terrified and horrified, but unconfused as to how it happened.

[Joe Getty]

And this is not a typical talk radio or politician like, okay, could happen. No, this is. This is math. This is like gravity. As I always say, it is just. It will happen. It's just a matter of when.

[Jack Armstrong]

And after I hit some of the things Kevin Williamson wrote about, I'm going to hit you with my punchline, which is going to make you want to grab an ax handle, throw on the bandana, and do what needs to be done, whatever that is.

[Joe Getty]

I'm going to eat my feelings, so

[Jack Armstrong]

I may drink mine. But I'll see you at the. At the happy hour. Anyway. You can have the hors d'. Oeuvres. I'll do the drinking. So Kevin Williamson is writing about the fact that, as Jack pointed out, the debt has now surpassed our gdp, our total economic output. In other words, if we were to confiscate the entire economic production of the United States for a year, that would still not get us out of debt. He says, oh, don't worry, it gets worse. On top of the $31.3 trillion in federal debt per se, there's another 88 trillion or so. Some estimates are higher in unfund liabilities for major entitlements such as Social Security and Medicare. There's another 1.5 trillion or so in unfunded state and local government pension liabilities, which are not a federal liability as a formal matter, but it's all the same from a taxpayer's point of view.

[Joe Getty]

What did you say the state and local was?

[Jack Armstrong]

What was that number? 1.5 trillion.

[Joe Getty]

Oh, boy. So, you know, it's funny when you think about the debt, I kind of assumed that our going broke entitlements were included in that, but they're not.

[Jack Armstrong]

No, no. It's like we have a balloon payment for both of our cars in our house coming up in 2028, and we

[Joe Getty]

have no money that you can't get out of.

[Jack Armstrong]

Right, Exactly. Yeah. So he puts all of it together, talks about the weak need. Congress, he says, call it $120 trillion in the hole. Just to keep the numbers simple, this is just a little more than the total economic output of the entire human race in 2025. That is a lot of money. Then he says, oh, don't worry, it gets worse. The Congressional Budget Office adds this cheery context. In the CBO's projections, the federal budget deficit, which is how much we overspend every year in this year is 1.9 trillion. And 10 years from now will be 3.1 trillion. Relative to the size of the economy, the deficit is 5.8% of GDP in 2026 and grows to 6.7% in 2036. They're guessing about the numbers. But then from in the next 10 years, the large and growing deficits cause debt to interest rates rise in the CBO's projection. Let's see, where's the Interest stuff. Interest payments are already bigger than defense in the United States and it's soon to be even bigger and bigger and bigger.

[Joe Getty]

That was considered a line we shouldn't cross a while back, and then we crossed that line.

[Jack Armstrong]

Yeah. And he says, here are a few facts to tattoo on your brain. The debt is not driven by incontinent spending on a selection of boutique federal programs that you and your friends don't like. The main drivers of our debt are Social Security, Medicare, Medicaid and other medical entitlements, national security and interest on debt already incurred, the latter being a growing and worrisome burden. At present, Social Security by itself accounts for 22% of all federal spending. And he goes from there. And what he says, contrary to what my Republican friends often insist, there's no obvious way out of this entitlement. Without entitlement reform and higher taxes or major defense cuts, very likely all of the above will be required.

[Joe Getty]

You probably do all three.

[Jack Armstrong]

Contrary to what my progressive friends often insist, our debt crisis is not the result of tax cuts. And a return to Eisenhower era tax rates would not fix the problem. In fact, such a policy would not improve the fiscal situation at all. This is because the federal government collects more in taxes today than it did in the supposed economic golden age of the post war years. And he goes into the inflation adjusted dollars and then he says, oh, don't worry, it gets worse. While the White House is busy indicating indicting former federal bureaucrats for posting pictures of seashells on social media, blah, blah. And then he goes into the latest treasury auction, which is really into the weeds. All right, here's the part and I'll skip the rest because you get the idea. Here's my punchline that's going to make you want to grab an axe handle. If I say, you know, I accumulated $100,000 in credit card debt and I make $100,000 a year here, how can I reduce that debt as a burden to my income? I can stoke inflation such that my new income, which is $150,000, has the same buying power power as the $100,000. It's just, it's just the nature of currency. Now, my Debt is not 100% of my annual income. It's only 2/3 of it. And that is the strategy that the government pursues. Unfortunately, that gives you good people a pay cut every single year unless you get a raise and it steals your savings. But it enables them not to make any changes because they would be politically

[Joe Getty]

unpalatable, palatable that stealing your savings part is seriously depressing. I know the money you've saved your whole life just all of a sudden is worth a lot less.

[Jack Armstrong]

But if the aforementioned facts and figures don't turn you into a hardcore raving wild eyed fiscal conservative, nothing else we can say would. So I'll move along.

[Joe Getty]

Yeah, there's not a fiscally conservative party. Nope. As the Washington Post headline said, Nobody in D.C. is talking about this. The fact that this week we crossed the line from one thing to another.

[Jack Armstrong]

You know, as Thomas Sowell has pointed out, you can't blame the politicians for being liars or profligate defenders. If we as the voters insist that they be that to get to gain office, what do you expect, right? It's enough of that.

[Joe Getty]

Armstrong and Getty, the most depressing radio show guilty ever.

[Jack Armstrong]

But wake up. Wake up and smell the misery. On a lighter note, anything, man, that's.

[Joe Getty]

That one's almost like aging or something where you just have to accept it. Yeah. I have no hope of this turning around of us not ending up being a much weaker country, much less dynamic because we have higher taxes and all these different sorts of things. My kids will live in a, in a, in a United States. It's nothing like the one I grew up in. But it's like, like aging. There's just, there's, it's, it's baked in the cake already.

[Jack Armstrong]

It's the greatest theft in the history of mankind from one generation to another. Oh well, what are you going to do? You're going to try to get the scammers away from your Every spam call, every scam text, every sketchy email and each one of those starts the same way. Somebody found you because your info is setting on sitting on data broker sites right now. They just buy them up and then start to try to scam you and steal your money. So forget spam filters and call block. Real fix is to disappear with our friends at Incogni.

[Joe Getty]

Yeah, Incogni can do this. They actually use the laws. They go to these data brokers that have your info and legally force them to remove your information. They keep doing it over and over and over again. They keep going to different ones and you're going to notice a sharp reduction right away in the number of who's calling me, who's texting me, who's emailing me. Right off the bat.

[Jack Armstrong]

I love their slogan. They can't spam you if they can't find you right now. Get 60% off with an exclusive deal at incogni.com Armstrong. Go to incogni.com Armstrong. Take back your privacy. It's quite affordable. That's incogni.com Armstrong. You don't want to have the little money the government leaves you to get stolen.

[Joe Getty]

So I don't actually have the ability to eat my feelings, but I hear people talk about it a lot and I know people who say that it works for them. So I believe that it's a thing.

[Jack Armstrong]

Sounds awesome.

[Joe Getty]

I wish I could. I wish I got emotional comfort. Don't you?

[Jack Armstrong]

When you wolf down half a pie in your truck because you're incredibly stressed? Stressed?

[Joe Getty]

No, that's not stress. That's hungry.

[Jack Armstrong]

You just like pie?

[Joe Getty]

I just like pie. I've never gotten any emotional enjoyment out of eating that. I've noticed. Anyway, I just like pie. But if you're still carrying the fork around, I have it in the console. The center console is where I keep my fork.

[Jack Armstrong]

Be prepared, Michael.

[Joe Getty]

Exactly. What if you're. If you're going to, though. If you're going to just throw care to the wind and like, just eat for pleasure. No holds barred. What's your first go to today? What would you go with?

[Jack Armstrong]

I always go to pizza first.

[Joe Getty]

Really?

[Jack Armstrong]

Like, my favorite. Oh, yeah. I love pizza more than about anything really good.

[Joe Getty]

Wouldn't be pie. Wouldn't be a milkshake.

[Jack Armstrong]

It would be. Oh, no, no, no.

[Joe Getty]

Pizza, pizza, pizza.

[Jack Armstrong]

And like, a really nice wine. Okay, Swig that down. Oh, yeah.

[Joe Getty]

What wine pairs with pizza?

[Jack Armstrong]

A handful of them. Italian wines, not shockingly, that are made to go with red sauce.

[Joe Getty]

When I was doing chemotherapy and the doctor told me, and this was one of the. These are some of the greatest words I've ever heard in my life. Jack, this is no time for a diet. Oh, you tell somebody that, you know, you're in a bad spot. But, hey, silver lining, eat whatever you can eat to try to keep calories on chocolate milkshakes. Every day on the way home at Murder Burger, which used to exist in my town, I'd stop and get a chocolate milkshake.

[Jack Armstrong]

Oh, my God, I would weigh 1100 pounds.

[Joe Getty]

Not if you had cancer, you wouldn't. See, that's the thing.

[Jack Armstrong]

Yeah, yeah. You know, it's. I was on a wild goose chase yesterday afternoon just trying to drop off a FedEx package. And everywhere I was told to go to drop it off, they're like, we're not taking those. And I finally succeeded. But at one point, I go to this, like, packing and shipping store.

[Joe Getty]

There's a sign on the window, sorry,

[Jack Armstrong]

we're closed for maintenance, but FedEx drivers pick up packages next door at the Dairy Queen.

[Joe Getty]

The Dairy Queen?

[Sponsor Voice 4]

Yes.

[Jack Armstrong]

Really?

[Joe Getty]

A dip cone?

[Jack Armstrong]

So I go, I wait in line at the Dairy Queen and I go to the front and ask the manager, so, are you guys doing like FedEx drop offs?

[Joe Getty]

And he looks at me like I'm

[Jack Armstrong]

out of my mind and says, no.

[Joe Getty]

I said, there's a sign next door.

[Jack Armstrong]

He said, there is. So God knows what was going on there. Then I glanced up at the menu. I had not been in a DQ in a dog's age.

[Joe Getty]

Oh, wow. I, I anytime I see one with the kids because they love the blizzard. The dip cone.

[Jack Armstrong]

Yeah, they got some attractive looking bergs there.

[Joe Getty]

Man, you walked out of there without even a small dip cone. That's some serious control.

[Jack Armstrong]

As disciplined as Gandhi.

[Joe Getty]

Yeah, not an M Blizzard, please. No, I can't eat like you.

[Jack Armstrong]

Oreo blizzards. I'd be a million pounds. I would have my own gravity. I would attract planets to me.

[Joe Getty]

A million pounds is too heavy. Yes. Yes.

[Jack Armstrong]

You know, I swore to God I was gonna diet after I hit 950, 000 pounds. Had a big weekend.

[Joe Getty]

What are you gonna do? Oh, when they hand that blizzard to you upside down, that's a. Come on.

[Jack Armstrong]

So shocking revelation here. Policy affects outcomes in your blue city. A tale of two Northwestern, great, wonderful, crappy cities, Portland and Seattle. Coming up in moments.

[Joe Getty]

Stay here.

[Sponsor Voice 2]

Armstrong and Getty.

[Sponsor Voice 1]

Most Mother's Day gifts end up in a drawer, but a song lives in the heart forever. This year, tryjoybox.com is giving away 1 million free custom songs to celebrate 1 million incredible moms. Just share a few memories and joy. Box produces an original track and greeting card just for her instantly. It's the most personal gift you'll ever give, and right now, it's completely free. Make mom the star of her own [e-mail] 1,000,000 songs $0 [e-mail] if you're

[Sponsor Voice 2]

feeling off fatigue, mood changes, skin shifts, yet your labs say everything's normal. You're not alone. Meet Oestra from Inner Balance, the first all in one prescription strength bioidentical hormone cream that's natural and effective and only takes one drop 10 seconds a day. Oester replaces five to six products women typically use to treat symptoms and is third party tested to ensure the highest quality. Visit innerbalance.com today to start feeling like yourself again.

[Sponsor Voice 3]

That's innerbalance.com support for the show comes from public, the investing platform for those who take it Seriously On Public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year, you can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public

[Sponsor Voice 4]

Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory services by Public Advisors, llc. SEC Registered Advisor Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice.

[Sponsor Voice 3]

Complete disclosure is available at public.com disclosures

[Jacob Goldstein]

this is Jacob Goldstein from what's yous Problem? When you buy business software from lots of vendors, the costs add up and it gets complicated and confusing. Odoo solves this. It's a single company that sells a suite of enterprise apps that handles everything from accounting to inventory to sales. Odoo is all connected on a single platform in a simple and affordable way. You can save money without missing out on the features. You need to check out [e-mail] that's o d o o.com More of the

[Joe Getty]

details in hour four about the newly released UFO photos, the most transparent administration when it comes to UFO photos in our nation's history. More details hour four

[Jack Armstrong]

and sorry I was not alerted we were coming back. Or at least I wasn't paying attention when I was alerted.

[Joe Getty]

Well, you missed some dumb crap and we'll have that hour for Ah, damn it.

[Jack Armstrong]

Here's some more dumb crap. This is a Seattle drug addict explaining why Gavin Newsom, Mr. Mayor, Madam Governor, etc. Why there's so damn many junkies in Seattle.

[Corey Ratliff]

Good afternoon. My name is Corey Ratliff. I am a drug addict and homeless and I just want to speak on the fact that it took me 45 days in jail to finally get my mind right, you know, and hold myself accountable. Before that, I was in the streets all the way from Aurora to Tacoma and I was being enabled from the city with free pipes Free foil, free housing, places that police can't really come in and do anything about. So now we're encouraging and enabling a drug addict and a homeless to be comfortable in that situation. That does not help the situation. What helps the situation is to hold us accountable. If we're slipping in the streets and we're selling dope or we're pimping or we're doing anything that's against the law, hold me accountable, arrest me, don't give me a slap on the wrist, don't let me go. You know what I'm saying? That time in jail is enough time for me to think, take accountability for what I did, understand that I need to change things, get out, get into places like Cope and Chance or Battlefield for addiction, start going to work, you know, things like that. These sober living programs are the answer. It was for me. And I still have an older brother who's still actively in addiction, who has no thought whatsoever of getting out of that situation, because tiny home villages, housing projects, everything there is comfortable. To be homeless and a drug addict. Ten years ago, I couldn't do that. You know, these days it's so easy to be a drug addict and you're accepted in the city because it's okay. And we're just putting them into a building off the street. So now the city is thinking that it's not a problem anymore. No, it's still an issue. It's not being handled correctly. I think the best way to do that is hold me accountable. Thank you.

[Jack Armstrong]

Thank you. I think you either know that already or you can't accept that.

[Joe Getty]

How can you not accept that?

[Jack Armstrong]

I can't imagine it's very difficult for me to get in the headspace of somebody who doesn't understand that.

[Joe Getty]

I assumed that long before I started hanging around with drunks and drug addicts who say that over former drunks and drug addicts who say that over and over and over again. If I ever meet somebody who say, you know, what was the best thing for me is the fact that the city or state made it so comfortable for me to be homeless, in fact, would hand out needles, in some cases booze and drugs. If I ever meet anybody who says that that was a good thing for him, it'll be the first one.

[Jack Armstrong]

Oh, they enabled me more effectively than any lover or parent or.

[Joe Getty]

And that helped me get off. Get off the drugs and on my feet.

[Jack Armstrong]

Yeah. And we've talked about this in a big way a while back, and we got so many notes from people who said, oh, yeah, getting thrown in jail changed my life for the better. It saved my life. You know this is not a sales pitch exactly, but our new T shirt, the Armstrong and getty store armstrongandgetty.com is three words each followed by a period. Enforce the law. That's not brutality if you do it correctly. That's compassion. Idiots. Thought this was interesting.

[Joe Getty]

That's if you're worried mostly about the drug addiction. I'm not. I'm a selfish person. I'm worried mostly about the law abiding taxpayer taxpaying citizens. But I like that idea because it would get less of them. There'd be less of them if you'd stop enabling them.

[Jack Armstrong]

Portland does the same thing. Portland, Oregon. The state of Oregon has backtracked a little bit. But between 2022 and 2026 the Nike Community Factory store been there for 40 years closed permanently because 276 shoplifting reports. Nike sent a letter to the mayor saying citing conditions Walmart Both Portland locations closed and laid off 580 employees. Target three stores. The reason explicitly cited organized retail crime and shoplifting. REI's reason highest break in rate in two decades. Over $800,000 spent on extra security in the year of 2022 alone including multiple incidents one with a vehicle through the doors on Black Friday. US bank the US Bank Corp. Tower announced it would not renew its lease. It was sold in 25 for 45 million dollars, down from its previous value of 372 million. Do 88% decline in value. Wells Fargo announced plans to exit Portland. Starbucks closed five to six Portland locations in September of 25 alone. Nordstrom Rack closed in the downtown CVS Pharmacy closed its Broadway location. Reason employees cited shoplifting dangerous factors Mall's major retail centers also closed. Pioneer Place Mall once you had roughly 100 stores, now down to 20 described as a dead mall, etc.

[Sponsor Voice 4]

Etc.

[Jack Armstrong]

Goes on for a while. Policy folks. Policy.

[Joe Getty]

Can't believe you're worried about that when we got all these UFO photos out

[Jack Armstrong]

to the newly released UFO files that mention Epstein

[Joe Getty]

or Bigfoot. According to the Defense Department, no other president or administration in history has followed through on this level of UFO transparency.

[Jack Armstrong]

We'll go deep next hour, Jack.

[Joe Getty]

We will. I'll let you know what has been revealed. If you miss it, get Podcast Armstrong and Getty on demand.

[Sponsor Voice 2]

Armstrong and Gettysburg.

[Sponsor Voice 1]

Most Mother's Day gifts end up in a drawer. But a song lives in the heart forever. This year tryjoybox.com is giving away 1 million free custom songs to celebrate 1 million incredible moms just share a few memories and Joybox produces an original track and greeting card just for her. Instantly, it's the most personal gift you'll ever give, and right now, it's completely free. Make mom the star of her own song. It tryjoybox.com 1,000,000 songs $0 [e-mail] if

[Sponsor Voice 2]

you're feeling off fatigue, mood changes, skin shifts, yet your labs say everything's normal. You're not alone. Meet Oestra from Inner Balance, the first all in one prescription strength bioidentical hormone cream that's natural and effective and only takes one drop, 10 seconds a day. Oester replaces five to six products women typically use to treat symptoms and is third party tested to ensure the highest quality. Visit innerbalance.com today to start feeling like yourself again.

[Jacob Goldstein]

That's innerbalance.com this is Jacob Goldstein from what's yous Problem? Business software is expensive, and when you buy software from lots of different companies, it's not only expensive, it gets confusing. Slow to use, hard to integrate. Odoo solves that, because all Odoo software is connected on a single, affordable platform. Save money without missing out on the features you need. Odoo has no hidden costs and no limit on features or data. Odoo has over 60 apps available for any needs your business might have, all at no additional charge. Everything from websites to sales to inventory to accounting, all linked and talking to each other. Check out Odoo at o d o o.com that's o d o o.com ever

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