Dec. 9, 2025
The Bill Martinez Show 12 09 25
The Bill Martinez Show 12 09 25
Transcript
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Are you ready?
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Yeah, Okay, let's do it.
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Ill Martinas Live a program about current events, our culture,
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our values, our politics, and our future.
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And now, Bill Martinez.
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Hey, good morning America. Six minutes after you taught the R.
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Right now, doctor Michael Butler is with us. Hey Michael,
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Merry Christmas, Happy New Year to you.
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And the same to you.
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Bill.
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Thanks for having me.
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Hey, lots to catch up on. Donald Trump is doing
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something that I gotta tell you. For many years when
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I was a consultant, I had worked with almost exclusively
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CEOs of companies, and one of the things that I
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reminded them of is that they always have to consistently
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pound the drum of the mission of the organization. And
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you know, and someone would say, why do I have
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to do that? Because I get kind of bored. I go,
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you may get bored, but your employees don't. And in
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Donald Trump's case, you're talking three hundred and thirty million,
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three hundred and forty million people. They need to constantly
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hear the refrain of his agenda, what he has accomplished,
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what is yet to be accomplished. So he's got to
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constantly be casting that vision. Not only because people have
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a tendency to forget number one. But on the other hand,
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you've got the mainstream media that still has control of
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about forty percent of the ears and eyes of America,
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you know, with their bias perspective, really deceiving and misleading
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the American people on the economy. Is that fair to assess?
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Yes, it is, And it's especially difficult now because the
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government was shut down for those six weeks and there
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was no data that came out about economic growth and
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what's happening to inflation and even the jobs market. See
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economic growth numbers are the ones that are most interesting.
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In the third quarter, we should have had that number
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out finished in September. We should have had the number
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out locked over, but the government was shut down. We
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still don't have the number yet, but it looks like
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the third quarter had about three and a half percent
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annual growth rate, up from the three percent in the
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first quarter, which is good in the second quarter, rather
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which is good the fourth quarter. We won't get that
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data at the earliest till the end of January, but
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the fourth quarter would have shown about a four percent
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annual growth rate. Now the government's shut down, I'm not
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sure what the impact that that's going to be. It
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will be negative on the growth rate, but the economy
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is growing. Although the inflation rate we don't have all
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the numbers for the consumer price index. Some of the
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numbers that we do have show that inflation stays under
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three percent, may have benged up slightly in the last
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couple of months. So wage increases are greater than the
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rate of inflation, which means really people are earning more
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money and more money to spend, and that will improve
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the stand of living. So Trump's right. I think he's
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gone around the country this week to kind of tut
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how his economic programs have worked so far, and to
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remind people that the builder was passed in July. The
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tax cuts on hips, working overtime, solid security, et cetera.
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They don't go into effect till January first. They were
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exactly twenty twenty six, so we'll see a benefit there.
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And then from all of this money, Trump has been
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able to get foreign companies to invest in the US,
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and it's some number well into the trillions.
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Well, it's like, what's seventeen nineteen trillion. I've heard as much.
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As that's it.
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Some of the numbers I've heard once that happened.
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I mean that that's unprecedented. Michael, right.
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Yeah, that's a huge amount of money. And once it happens, now,
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it's going to take a year or so for all
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of that to be fully invested. But that'll create more jobs,
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It will create more growth for the economy, and again
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should help to improve the standard of living. I also
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believe that the inflation rate will be down to the
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two percent range by the end of next year. Now,
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most people don't agree with me, understand that the reason
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I'm saying it is energy prices have fallen. Oil is
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under sixty dollars a barrel fuction.
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I paid two fifty nine in Florida two days ago. Michael, Yeah, I.
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Paid two eighty six the other day, and I was
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I was very happy. The national average is now under
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three dollars. Once energy prices come down, that has a
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large impact on the consumer price index. Energy prices directly
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effect about seven percent of the consumer price index, but
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indirectly it affects over another twenty percent because it affects
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the cost of energy to produce goods and services. So
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Trump is correct when he says, if you can get
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energy prices down, inflation will come down, and that's true,
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and I believe that will happen next year. I think
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oil will be down under fifty five dollars of barrow,
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perhaps as low as fifty dollars. That'll take the national
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average for gasoline down under two dollars and fifty cents
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a gallon. And once that starts to happen and people
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say that they're not spending so much on a lot
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of products, energy included, they're going to start to feel
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better about the coon exactly. The problem now is people
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just don't feel good about it because.
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We had to get through this stuff. You and I
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talked about it before, Michael, the last time we were on,
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and that is that the economy has been stifled because
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we're trying to get all this sludge and drudge out
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of the pipeline that was all put there with Democratic
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policies and Joe Biden. The thing is, I think it's
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interesting to hear you lay this out. What is somebody
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like Gavin Newsom going to do when everybody else is
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you know, they hear figures of under three dollars and
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in California they're paying five dollars for a gallon of gas.
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I mean, you got to think California is going to
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start revolting there, You.
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Would certainly think so. Remember when Newsom entered office, there
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was a large surplus and the government budget and a
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surplus fund. It's now a deficit in the budget and
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they've spent all of that surplus. So the policies that
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he puts into effect didn't work in California. And I
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hope he doesn't get a life in the US because
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the policy certainly won't work well in.
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The How could he really seriously be considered. I mean,
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like you said, I think he's over sixty billion upside
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down right now in the state. You got the LA fire.
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Still that's still a mess. I mean, even when Donald
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Trump went down there Karen Bass, everybody's, oh, yeah, we're gonna,
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you know, get the regulation out of the way, We're
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going to allow people to build their homes. It is
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a hot mess. I mean, it's so unfortunate that that state,
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and then that's not even talking about the homelessness issue,
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the drug addiction issue, all these things, immigration that the
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state really is a failed state.
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Michael, Yeah, it certainly is. You know, when Trump went
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down and talked to Mayor Bass, he said, I want
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these permits issued as soon as possible, and she made
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a comment, well, we should be able to get them
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within a year, and Trump said, no, I want them
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issued as soon as possible, like next week.
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Yeah.
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So here it is nearly a year later after the fire.
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There's a total of one house that has been built
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so far. It's actually a sample for a developer wanting
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to build more houses. But that's the only house that's
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been built. And it's almost a year now, and these
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people can't get their homes. We built. The permitting process
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anywhere is difficult. In California, it's next to impossible. They
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have all these environmental regulation certain materials you can and
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can't use. You have to have solar panels, even if
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you don't want them. So all of these regulations slow
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down the building of these new homes and significantly adds
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to the cost. And we have not just in California,
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all over the country. We have an affordability crisis with housing.
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Young people can't afford their first house and that's not
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a good thing.
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Well, look at all the tax base that is eroded
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as a result because they don't have homes on that property,
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right exactly. I mean, you got that the impact that
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has all the way down the supply chain, you know,
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retail operations, everything in that area economically. I mean, Michael,
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they're not even embarrassed by this. This is what blows
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me away.
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Now, this whole thing could have been avoided. You know,
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some of the water was diverted when for environmental reasons
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it shouldn't have been diverted. To have fire hydrants not
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half water is inexcusable.
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Well, that's that's like Hawaii all over again. Anyway, we
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got to go to quick Break. We've got more from
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doctor Michael Butler after this. Stay with us.
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