🚨 Inflación se Dispara 3.8% Mientras la Economía se Debilita

Hinzugefügt: 2026-05-18

[00:00:00]Greetings, greetings. How are you? It's great that you're joining us, it's great that you're with us in another edition of what we call Politics in Spanish US. Politics in Spanish US through all our digital platforms, Facebook, Instagram, YouTube, Facebook. We are also on the former platform Twitter and we want to remind you that every day at 7 pm we are broadcasting our podcast on YouTube, so connect through our YouTube channel every day at 7 pm. Greetings to our people of Puerto Rico through News 247. My name is Victor Martinez. It's great that you're sharing with us because here we talk for a while, we discuss in Rice and Beans what's happening in the politics of the United States. And what is happening in the politics of the United States? Ah, folks, breaking news. It doesn't surprise me.

[00:01:00]I don't know if it surprises you, but the breaking news is that the country's inflation has risen to 3.8.

[00:01:11]Yes.

[00:01:14]According to the latest report, US inflation rose to 3.8% in April.

[00:01:23]When Biden left he was at 2.9, three points and everyone was complaining, oh, that man damaged the economy, [shout] that man is no good, that man we have to vote for.

[00:01:41][laughs] Well, inflation has been increasing. The previous report was 3.5 and now it has increased to 3.8.

[00:01:50]And it doesn't surprise me because obviously with everything that's going on, with what's happening in Iran, with the increase in oil, of course inflation is going to increase, of course everything is more expensive. You go to the supermarket just like me, you fill up your tank just like me, gas is at 450 right now nationwide. In other places it is higher. Elsewhere it's 4 eh 55, 460 in the United States up to $5.

[00:02:20]In the city of Philadelphia this week it was reported that the price of a gallon has officially reached $. In Puerto Rico it already exceeds $2 per liter. They represent inflation at 3.8 for the month of April.

[00:02:36]And get ready, it's going to keep increasing.

[00:02:39]This isn't going to end here. It will continue to increase.

[00:02:44]And what I said before, I'm going to repeat. This is a reaction to an action. The president has been taking action since he came in, first with tariffs, then with war.

[00:03:00]It is clear that it is the president's fault because these are the consequences of his actions.

[00:03:07]Oh, but that's not all. No, no, no, no, no. We're just talking about general inflation. Everything is getting more expensive.

[00:03:19]Everything is getting more expensive.

[00:03:23]Meats are more expensive, as are fruits and vegetables. Oh, you know what's cheap? There's something that's... There's something that's gone down in price.

[00:03:33]Something has gone down in price.

[00:03:36]The only thing that went down in price were eggs.

[00:03:40][laughs] Everyone eat eggs.

[00:03:47][laughs] Eat a breakfast egg, eat a lunch egg, eat a dinner egg. [laughs] No, I'm not relaxing. The only thing that went down in price at the supermarket was eggs.

[00:04:08]Everything else went up in price.

[00:04:09]Tomatoes have increased in price. Meat, meat, gentlemen, has gone up in price.

[00:04:20]In fact, look, gentlemen, the fish dies by its mouth.

[00:04:26]The fish dies by its mouth.

[00:04:31]Now the President of the United States says he is going to eliminate, he is going to suspend the tariff, he is going to suspend the tariffs on meat. Oh. Oh. Now, [laughs] now you're going to suspend the meat tariffs.

[00:04:57]What the president is admitting is that the increase in the price of meat is due to what?

[00:05:04]to the damned tariffs, to the TERFs.

[00:05:12]When he says he's going to suspend tariffs on meat to lower prices, what he's admitting is what we've been fighting for here for a year: that tariffs have been responsible for the increase in everything, and that we, the consumers, end up paying for the damn tariffs.

[00:05:38]And every time they ask the president, "No, no, no, no. The corporations pay the tariffs.

[00:05:43]No, no, no, no. The tariffs, no, no.

[00:05:45]All the expert economists have said the same thing. Those who end up paying the tariffs are the people, the consumers. The companies aren't going to absorb that expense; they're going to pass it on to the consumer, and they've been telling us for a year and five months, ' No, no, no.'" The consumer, the consumer, now they are going to suspend the tariffs on meat so that prices go down. Well, they're admitting that we're the ones paying the tariffs. [laughs] Like, hello, [laughs] if you have to remove something you put in to improve it, it means that what you put in is the cause, the reason for the problem.

[00:06:32]And by the way, it's the same with everything.

[00:06:38]Everything Donald Trump put tariffs on had increased in price before the Iran war, before what's happening with oil. Don't come now and blame the war. No no.

[00:06:50]The war only made everything that was happening even worse.

[00:06:56]We started with a cold. The cold was the tariffs. Now we have pneumonia. Ah, this is gasoline, that's oil.

[00:07:07]But for this to be a test, for this to be one, how is that?

[00:07:13]This government has admitted that the tariffs are responsible for the increase, because now they want to suspend them. So that? To lower the price of meat. Mm. Okay.

[00:07:32]Well, folks, as I said, this doesn't surprise me because all the economists, all the experts, what's more, the experts were saying this even before Donald Trump won. When Donald Trump was campaigning, all the experts said this was going to happen.

[00:07:47]Camala Harris said it over and over again, but they didn't want to believe her.

[00:07:55]Well, everything they predicted is happening.

[00:08:00]The rise in inflation had already been predicted, we had already been told it was going to happen and it is happening.

[00:08:09]So, tell me, what's the deal?

[00:08:16]But that's not the only problem we have. No, no, no, no, no. That's not the only problem we have. In the economic report as well.

[00:08:24]Another thing we already knew is that Americans are [snorting] going into debt, that they are surviving thanks to debt. They are surviving because they are using credit cards; U.S. household debt, including mortgages, credit cards, car loans, and student loans, reached a record high of $18.8 trillion during the first three months of the year.

[00:09:06]Debts, mortgages, credit cards, car loans, student loans, everyone is borrowing.

[00:09:18]Everyone is borrowing. And here I was last week, let me look for it in Politics in Spanish US, let me see if I can find it quickly.

[00:09:29]You may recall that the president's economic advisor was on Fox News. I posted the audio here last week. He was celebrating, saying that the economy was excellent because people were using credit cards. [laughs] Let me find it here quickly. Wait, wait, [laughs] wait, because this, this is live.

[00:09:52]This is live. Let's find the audio here of the president's financial advisor celebrating, saying that the economy was excellent, that people had more money than ever because they were using their credit cards. He was even celebrating that one of the CEOs, one of the presidents of one of the largest banks in the country, was in his office, very happy. Very [laughs] happy, because people were spending more on credit cards. This was last week, right?

[00:10:29]He said this last week. I'm looking for it here in Politics in Spanish because we put everything here. Let me look for it here quickly.

[00:10:36]We post so much on our platform that it's sometimes difficult to find the information, but those who watch the program know it and are aware that we present this audio here.

[00:10:49]Let me see if I can find it around here quickly.

[00:10:52]So, what he said last week is what this report is now confirming, that yes, people are spending more money, but they are doing it because they are using credit cards, they are using credit cards.

[00:11:14]That's how people are surviving.

[00:11:18]Which is a problem, because, what happens? What will happen when people don't pay those credit cards? What will happen when people can't afford to pay their student loans? What will happen when people can't afford their mortgage payments?

[00:11:31]What's going to happen?

[00:11:34]An economic collapse. That's what's going to happen.

[00:11:38]an economic collapse. If people keep borrowing, borrowing, borrowing, borrowing, and then there comes a point where they can't borrow anymore, where they've maxed out all their credit cards and can't pay them off, what's going to happen? The economy is going to collapse, the government is going to collapse.

[00:11:56]I'm talking and at the same time looking around here for the audio of the financial advisor, the president, because I like, right, to bring you all the information and for you to listen and see it for yourselves.

[00:12:11]But it's incredible, truly incredible what's happening in our country and what's going on. Yesterday, we were talking about the comments made by the CEO of McDonald's, by the CEO of Craft, the company that makes ketchup and mayonnaise and cheese and stuff. We were talking about what the CEO of Papa Jones said and all these CEOs.

[00:12:36]Just yesterday, we were here talking about how all these CEOs were reporting the same thing, that people are spending less, with the CEO of McDonald's saying, "People are spending less."

[00:12:49]The CEO of Craft said, "Hey, people are running out of money and these are the CEOs of the companies that make the most money and sell cheap things to consumers."

[00:13:04]If people can't buy cheap things, imagine what it's like for you.

[00:13:09]Oh, we have so much going on here at Politics. I'm having trouble finding the audio.

[00:13:15]Here it is. I found it here. Wait. I found it. I found it. Wait. I found it.

[00:13:23]Here is the audio of this bigwig celebrating that people are going into debt. Hey, let's listen.

[00:13:38]Hey, that's it. They have so much money in their pockets. The consumer, my boy, is spending because they have so much money.

[00:13:48]Hey, I had one of the CEOs of one of the five largest banks in the country in my office.

[00:14:02][laughter] [shout] [laughter] Do you remember that song?

[00:14:14][laughs] Credit card spending through the roof.

[00:14:20]That is not good.

[00:14:23]That's not good. I don't know why he 's so happy. I don't know why he's celebrating, because that's not good.

[00:14:31]That was last week, folks. He said it last week because he already knew this report was going to come out.

[00:14:41]Of course, he already knew that. He knew this report was going to come out.

[00:14:46]So, I was trying to put it in a positive light, right? To make the story something positive, you guys? Excellent.

[00:14:53]People have money. People are spending, people are using their credit cards.

[00:15:06]That is the economy we have now inherited from this president.

[00:15:15]$18 trillion in debt in just the first three months of the year, January, February and March.

[00:15:28]Inflation for April was 3.8%, and unemployment was 4.3%.

[00:15:38]Gasoline prices are climbing to $ a gallon in the United States. Already over $2 per liter in Puerto Rico.

[00:15:51]Oh, and by the way, by the way, you know what? It was also mentioned in the report. Oh, wait, I have something here to share with you. You know that our country already has a debt of 39 trillion dollars.

[00:16:08]If it's a debt, a debt pays interest, right?

[00:16:14]We have to pay interest on this debt because debt is when we borrow. This country is running on borrowed money.

[00:16:25]Well, the economic report, listen to this, tells us that we are paying $3 trillion a day in interest. We have $ 39 trillion in debt and we pay $3 trillion a day. Do you know what that is?

[00:17:01][laughs] What we pay in interest is more than what many countries in the world have in their total budget. That's why we're annoyed.

[00:17:17]We are paying $3 trillion a day.

[00:17:24]in interest.

[00:17:31]And do you know who increased the debt by trillions of dollars in one year?

[00:17:43]Donald Trump.

[00:17:45]Donald Trump. Right now, approximately $9 trillion of our national debt is thanks to Donald Trump in his first four years, not $10 million.

[00:18:06]In his first trillion, in his first four years he increased the debt by 7 trillion dollars.

[00:18:16]This year we're already at 2 trillion, 9 trillion of which are from Donald Trump alone.

[00:18:31]And by the way, the debt is going to keep increasing.

[00:18:38]Yesterday, during public testimony before the United States Congress, the Pentagon admitted that the war in Iran has already cost us $29 billion. Do you remember that last week they told us how much they were? 25.

[00:19:03][laughs] Hey, hey, hey. It's because they, they die by their mouths. A week ago they told us how much it cost, how much?

[00:19:13]25 trillion. Yesterday they came back and asked them, and now it's 29.

[00:19:19]In one week it increased by 29 billion dollars. This is what the war that nobody asked for, the unnecessary war in Iran, is costing us or has cost us so far.

[00:19:43]And I say unnecessary based on the same thing the government told us. I repeat this constantly here. We cannot forget that at the end of last year we bombed Iran and the president had told us that we had completely eliminated all of Iran's capacity to have a nuclear bomb.

[00:20:06]That wasn't what the president said, that wasn't what all Republicans said. No, no, no.

[00:20:13]Iran had to be attacked.

[00:20:14]We bombed them and eliminated any possibility that they had a nuclear bomb. So now they tell us that the reason we're at war is because we can't allow Iran to have a nuclear bomb. But wait, wait, gay, gay, wait, [laughs] hold on.

[00:20:30]But we had destroyed any possibility of them having a bomb.

[00:20:37]Either they lied to us last year or they're lying to us now.

[00:20:42]Which one? Because last year they told us that we had destroyed all their capacity to have a bomb.

[00:20:49]Now they tell us we're at war so they don't have a bomb. But wait, because if we destroy all their capacity to have a bomb, because we are now in this war. Either they lied to us last year or they're lying to us now. The important thing here is that we have spent, according to them, there are estimates that say it could be much more, but let's believe him, let's believe him.

[00:21:13]The important thing about this is that we have spent 29 trillion dollars in 60 or 70 days.

[00:21:31][laughs] Oh, and hold on to your pants.

[00:21:39]Hold your pants.

[00:21:42]The Pentagon admitted yesterday—and here's the news— that the total cost of this war with Iran could be $200 billion.

[00:22:06]The cost of the Iran war increased by $4 trillion from last week to this week, and during testimony presented to Congress at public hearings, the Pentagon said they have an estimate that this could cost us up to $200 trillion, and that's where the country's debt comes in.

[00:22:36]And that's where the $3 trillion we pay daily in interest alone comes from.

[00:22:49]It's like when you buy a car and they sell it to you with 15% interest and the debt is for 7 years and you spend the first 5 years just paying the interest on the loan.

[00:23:03]Then, at 5 years old, the car starts to have problems. At 15 years old, the engine breaks down, the transmission breaks down. When the car breaks down, you haven't paid for the car yet, you 've only paid the interest. Our car is damaged right now, and all we're still paying is the interest.

[00:23:27]And all this goes with what you already know that we have repeated here time and time again. a billion dollars to remodel an airplane that was given to Trump.

[00:23:42]Hm. $ 1.4 billion to build the ball he wants in the White House. $200,000 to rebuild the Kennedy Center.

[00:23:58]Yesterday, we were talking about the $ 13 million it's going to cost to paint the pool in front of the Lincoln Memorial in Washington DC. Yesterday we also talked about the $17,000 that was spent fixing a fountain, fixing a fountain in the park there next to the White House. So, this government is the same as what we were talking about yesterday, exactly the same.

[00:24:29]We are in debt, the economy is screwed, and this president is spending and spending on stupid things that nobody asked him to, things we don't need by going into debt. Of course, since the debt isn't his, he's spending money that isn't his, he 's spending our money while our economy is screwed up, he keeps spending as if he were running his own company and he spends and spends and wants new lamps and wants a new patio.

[00:25:06]That's like you remodeling your house with your neighbor's money. [laughter] You call a contractor and say, "Yeah, fix my kitchen cabinets and charge the neighbor. And you know what, while you're at it, uh, build me a pool in the backyard too. Oh, charge the neighbor for that. Relax, he'll pay for it.

[00:25:29]While you're at it, I want a deck in the backyard. Let's put a porch in the backyard and the neighbor will pay for it.

[00:25:41]While you're at it, paint my house too. While you're at it, replace my doors. Replace my windows. And who do I charge? Well, charge the neighbor.

[00:25:49][laughter] You have his card, charge him.

[00:25:54]The difference is, it's not the neighbor, it's us, it's the people.

[00:26:04]Trump wants a 1.5 trillion increase to the Pentagon's budget.

[00:26:15]We've become economic experts on this show. [laughter] I've never talked about so many numbers.

[00:26:23]I've never added them up and Subtracted. I've never in my life been so attentive to or had so much knowledge of this country's budget until now.

[00:26:33]Until now.

[00:26:37]And inflation is at 3.8% and unemployment at 4.3%.

[00:26:45]And gasoline in the United States is $5 a gallon and beef is $10 a pound, and tomatoes.

[00:26:57]By the way, the price of tomatoes increased by 50%.

[00:27:03]The price of tomatoes increased by 50%.

[00:27:06]We have to go to a break. Our friends in Puerto Rico from Noticias 247.

[00:27:11]We're going to a break, don't move, we'll be right back with more Politics en Español US.

[00:27:22]Alright.

[00:27:24]Alright, folks, we're back with our people from Noticias 247 in Puerto Rico, channel 11.2. It's great that you're with us. My name is Víctor Martínez. We're on Politics en Español US. Remember all our digital platforms, Politics en Español US.

[00:27:41]Politics en Español US.

[00:27:45]Look, folks, I have something very curious for you. It's a very curious news story from yesterday.

[00:27:54]The new mayor of New York. Yes, the Arab. The Arab, the Muslim, the terrorist, [laughs] the socialist.

[00:28:11][laughs] Yes, because that's how they attacked him. Socialist, Muslim, terrorist, Arab, they've called the mandami everything.

[00:28:23]Yesterday, the New York City government announced that for the first time they balanced their budget, they reduced the city's debt to zero, to zero.

[00:28:48]What?

[00:28:50]What?

[00:28:53][laughs] A city that had a debt, I don't know how many millions of dollars, zero.

[00:29:05]They balanced the New York City budget.

[00:29:13]How did they do it?

[00:29:16]By raising taxes on millionaires.

[00:29:21]Wow. What a socialist concept. [laughs] Yes.

[00:29:31][laughs] Every millionaire who owns a penthouse, a luxury apartment in New York City that is n't their primary residence, but rather their second home or summer apartment, now has to pay taxes on that property.

[00:29:59]Look, look at this innovative concept, that they pay taxes on the properties they own in the city. Let's listen to the report because I like that you don't believe me. I like that you listen to the report.

[00:30:23]Listen, that's it, a $12 billion deficit. A $12 billion deficit.

[00:30:34]And he balanced it in 5 months, because that's how long he's been mayor. In 5 months he balanced the city's budget.

[00:30:43]How did he do it?

[00:30:50]Listen, that without increasing the cost of services to the community and without raising taxes on citizens.

[00:31:15]There you have it. They put a tax on those who have a second home in New York, Ocean, who don't live in that home, with a value of more than $5 million. If you have a property worth more than $5 million and it's not your primary residence, meaning you don't live there, you use it for summer vacations, and it's worth more than $5 million, you have to pay property taxes. It makes sense if you have the money to own a $5 million property, damn it, and you don't have to pay Taxes.

[00:31:56][laughs] What?

[00:32:05]If you own a property worth 5 or 10 million dollars, you keep it there quietly and don't pay property taxes, while someone with an apartment that cost 200,000 or 300,000 dollars has to pay taxes. The poor, the middle class, are struggling to pay taxes, but someone with a property worth 5, 6, 7, 8, or 10 million dollars doesn't have to pay taxes.

[00:32:32]Oh, now they have to pay taxes.

[00:32:39]That alone increased the budget, I mean, it added 500 million dollars to the budget.

[00:32:50]Announcing people and wealthy outgoing residents in multimillion- dollar apartments. That is a policy choice, Mayor Mom made it. Second, he fixed the relationship with Albany.

[00:33:07]He established a friendly relationship with the governor; we're going to help each other. And that brought the city another 3 billion in additional funds.

[00:33:30]They added a fiscal supervisor in every government agency to ensure and find where they could save money within the government agencies. Look at this socialist concept.

[00:33:52]Look, look at this socialist concept. Put a fiscal supervisor in every government agency with the sole job of finding ways to save that agency money.

[00:34:16]And it goes on. Let's keep listening to what the mayor of New York did.

[00:34:24]Hey, that. They found $1.7 billion in savings. I mean, when they started looking at what the different agencies were spending money on and started eliminating waste, they saved $1.7 billion.

[00:34:44]Wow.

[00:34:50]Oh, they fired, they canceled the consultants' contracts.

[00:34:55]Oh, wow.

[00:34:58][laughs] Wow.

[00:35:04]They eliminated the contracts of the famous consultants, the little contracts they give out, the political favors they pay consultants over here. Wow.

[00:35:22]By the way, I have someone here who commented that this sounds like what Trump did, what he tried to do.

[00:35:31]Yes, basically you could say it's comparable to the DO, who did absolutely nothing.

[00:35:38]The difference is that instead of putting someone in to just vote for people in the government, What DO was doing was saving money by firing government employees. What Mandami did was assign a specific person to each department, not to fire employees, not to see where the waste was within that agency. Those are two very different things.

[00:36:08]Dou came to Elon Musk and started firing everyone and closing this department and closing that department. No, no, no, no. What was done here was that each department had one person, an additional person was added with the sole job of looking within that department for where the waste was, without firing employees.

[00:36:32]Because we know that all government offices waste money, and they saved $1.7 billion without firing anyone, simply by reducing waste in that department.

[00:36:52]And why am I talking to you about New York? Because that's an example of the problem we have at a national level.

[00:37:02]The big beautiful bill that Trump and the Republican Congress passed gave tax cuts to the rich. [snort] The rich don't pay taxes. We reported the news here in April. 88. The 88 richest companies in the United States paid zero, zero taxes on their profits. Zero.

[00:37:39]And the Ms with $200 billion and the Ms with $700 billion.

[00:37:48]Mark Soccerberg with $200 billion, and they pay zero taxes on those profits, and we pay 14% taxes on the measly $50,000 we earn, on the $60,000, $70,000.

[00:38:13]That's the example. And by the way, this has been talked about for years and years and years and years. Tax evasion. Tax evasion. It's not fair that these people have money, that they're millionaires, that they buy millions of dollars' worth of things, that they buy millions of dollars' worth of private jets because they're not paying taxes.

[00:38:38]And I've said it here, I'll say it again.

[00:38:40]I have no problem with you starting your own company and making good money, and that the sweat of your brow bears fruit and you move forward. Of course. I would like my company to also move forward. Go ahead and give me millions of dollars in profit.

[00:38:56]But my brother, let's be fair.

[00:38:58]You have to pay for taxis just like I do.

[00:39:03]If I earn $50,000 a year by the sweat of my brow and have to pay 14% in taxes, well, you have to pay taxes too. [laughs] If I have to pay taxes on my $50,000 a year, you have to pay taxes on your $50 million a year too.

[00:39:33]Well, gentlemen, as I was saying, in the case of New York, we have an example of a city that had a debt of $12 billion, and in just 5 months the mayor balanced the budget and brought it to zero.

[00:39:58]Why can't we do that in our federal government?

[00:40:04]Ah, we ca n't do that in our federal government because those rich people, those millionaires who don't pay taxes, spend millions of dollars lobbying senators and congressmen, giving them millions for their campaigns.

[00:40:24]And as a result of those millions of dollars donated to our politicians' campaigns, they spend a lot of money. The bill where they give you budget credits, they give you tax credits. No, no, no.

[00:40:42]You don't have to pay. Oh, and by the way, the excuse, the reason they've given us for decades for not taxing big businesses is that we don't want them to pay taxes because they reinvest that money, because with that money they expand, because with that money they hire more employees, which helps the economy. That's what they've always told us, right? They've always told us not to tax these companies so they have more cash flow, so they have more money to reinvest, to grow. Okay, okay, that makes sense.

[00:41:28]If the company has more money, it hires more employees, increases production, opens a bigger warehouse. That, in theory, on paper, makes sense.

[00:41:43]The problem we've had for decades is that companies don't do that.

[00:41:51]With those profits, the company gives bonuses to its CEOs, gives bonuses to its board of directors, and doesn't reinvest it. Right now, in 2026, all these companies didn't pay taxes. And what happened?

[00:42:12]Amazon is laying off 50,000 employees. Meta is laying off 79,000 employees. UPS is laying off 35,000 employees. So, they took all that profit money, didn't pay taxes, but what are they doing? Laying off employees.

[00:42:33]So, if you're going to lay off employees, we can't give you the credits, we can't give you tax savings because you're not hiring, you're letting people go.

[00:42:50]If the reason I'm not going to charge you taxes is so you can hire more people to expand, perfect. But if I'm going to give you the money and you're going to keep it, well, no, no, no, no.

[00:43:03][laughs] No, no, no, no.

[00:43:10][laughs] Not like that.

[00:43:14]So, that's why I wanted to bring you this news from New York because it's incredible, nobody can believe it.

[00:43:25]12 trillion dollars in debt and they balanced the budget without raising taxes on the middle class, without raising taxes on the poor, without raising property taxes, simply Eliminating wasteful spending in government and taxing millionaires.

[00:43:55]If you own a property in New York worth more than $5 million, but you don't live there—the apartment is empty because you live in Florida, because you live in California, because you live in England, because you live in France— well, you have to pay taxes on that property too.

[00:44:18]Of course.

[00:44:20]That's not crazy to me, it makes sense, I mean, maybe I'm the crazy one, [laughs] maybe I'm the crazy one.

[00:44:34]But I ask you, those of you watching us on Facebook, those of you watching us live on YouTube, does it make sense if you own a property that isn't your primary residence? You own it as an investment, you have it there, and you paid $5, $8, $10, $20 million. Well, it's only fair that you pay taxes.

[00:44:51]Oh, how nice. I'm going to buy a penthouse on Fifth Avenue. I'm going to pay $10, $20 million, but I'm not going to pay Taxes.

[00:45:02]And who does that affect? ​​The schools.

[00:45:04]Because that money goes to the schools.

[00:45:08]Property taxes are used for schools.

[00:45:11]So, the government has to spend more on schools, on funding for schools, because millionaires aren't contributing, so there's less money for other things.

[00:45:25]It's a domino effect.

[00:45:29]Well, there you have it, folks.

[00:45:37]In five months, they balanced the budget with $12 billion in debt, bringing it down to zero in New York City. And by the way, this report is longer than the one I was presenting to you. It's available, if you want to see the full report, on our Politics en Español Facebook page. The complete report is there because you can see other things there. They even ended up hiring more teachers. Well, let's keep listening because we need to keep listening. Let's keep listening.

[00:46:13]Hey, that's it. Free childcare for children up to two years old. Wow.

[00:46:28]Hey, that's it. Hiring 1,000 new teachers to try to reduce the number of students, the size of the classrooms... Classes.

[00:46:43]Wow. They, wait, they did that and balanced the budget.

[00:46:50]What?

[00:46:53]They care for free.

[00:46:56]More teachers and they balanced the budget. No, no.

[00:47:01]This guy is a socialist. This guy is a terrorist.

[00:47:05]This guy is crazy. We have to get him out of power. [laughs] We have to get this man out of power.

[00:47:12]We have to vote him out.

[00:47:19]Hey, 5 billion dollars for the city's housing program. Wow. They're not going to give him subways so he can make the cards with discount cards for public transportation cheap too.

[00:47:49]Gentlemen, this New York budget should be used as an example. We have to look at it, we have to analyze it and see how this can be implemented nationally.

[00:48:01]How can it be implemented in Puerto Rico, in Pennsylvania? How can this be implemented in other places? But I repeat, the problem is that the ones who put the politicians in power are the same rich people.

[00:48:17]This system is broken. As long as politicians depend on the millions of the rich, none of this is going to happen because they won't allow it.

[00:48:29]They're the ones who donate the money to Political campaigns.

[00:48:34]And by the way, I'm talking about both parties.

[00:48:38]Both political parties have the same problem. Both political parties accept millions from these big corporations and these big millionaires. This is a universal problem with both parties, so you know.

[00:49:01]Well, but hey, go to Politics en Español US. Go to Politics en Español US to keep listening to the full report of all the changes and everything that's been done in New York to balance the city's budget.

[00:49:22]Look, speaking of money, let's talk about money. Look, folks, yesterday our president posted a new idea on his social media, something he wants to do. Listen up.

[00:49:41]Yesterday on True Social, the president's digital platform, the president posted what he wants the new $100 bill to be.

[00:49:56]He wants the $100 bill to have his face on it. [laughs] No, it's not a joke. It's not a joke.

[00:50:12]This news is true. Yesterday on True Social, Donald Trump He posted something.

[00:50:18]Let me see if I can zoom in here. Look at this. He posted on True Social showing what he wants the new $100 bill to look like with his face on it.

[00:50:37][laughs] Ladies and gentlemen, this sounds like a joke, but it's not a joke. Go to the president's True Social page and you'll see that he posted this. He himself posted his face on the $100 bill.

[00:51:07]Someone's writing to me here on the YouTube channel that we're live like monarchs. Yes, like kings. You go to England and the king's face is on the bill.

[00:51:20]Exactly. Thank you very much.

[00:51:25]Like a king. Donald Trump wants everything to have his name on it, everything to be in his honor, everything to have his face on it. He posted this. He posted this, ladies and gentlemen. And still, there are still people saying, "No, no, no." He is not a dictator. No, he doesn't have the airs of a dictator. He doesn't have the airs of a king. No, no, no, no, no, no. He, he, he, he, like the song by Tito Nieves.

[00:52:04]He's an ordinary guy. A common type. That's right, look for the Tito Nieves song that says "a common guy".

[00:52:14]Our president literally posted this on his social media, the 100 dollar bill with his face on it.

[00:52:25]Sure, sure. To commemorate the country's 250th anniversary. What better way to commemorate 100 years than to put Donald Trump's face on the $ 100 bill, right? And he's a charlatan. He's a charlatan, look what he put on the back. He posted God bless Donald Trump. [laughs] He's such a charlatan that he dares to put "God bless Donald Trump" on the back of the $100 bill.

[00:53:07]By the way, this isn't new.

[00:53:10]The president has said publicly, and our Federal Reserve has said, that they have considered creating a coin with Trump's face on it. The problem is that our law prohibits putting the face of a living person on money. There's a law that says, "No, no, no. If the person is alive, you can't put their face on the money. You have to wait until they die."

[00:53:39]But as you can see here, our president continues to promote. He has a fetish for putting his face on a coin. By the way, by the way, they already did it.

[00:53:53]Yes, they already did.

[00:53:55]Yes, since they couldn't legally put his face on a coin, the United States Reserve created a commemorative coin.

[00:54:09]Listen, our United States reserve spent money creating a commemorative coin to celebrate the country's 250th anniversary with Donald Trump's face on it.

[00:54:27]We return once again to the initial theme of the program, which was the waste of money.

[00:54:33]We wasted, we threw away money creating a commemorative coin with Donald Trump's face on it.

[00:54:46]If we're celebrating 250 years, why not put up a picture of Washington, who was the first president?

[00:54:57]Why not put up an image of our Constitution, our Magna Carta that represents what a democracy is, celebrating a 250-year-old democracy? No, no, no, no, no. You have to make a face like you're on your back. You have to make a potato-trunk face. [laughs] [laughs] And yesterday he posted this on his social media.

[00:55:35]He posted this on his social media. There it is, folks.

[00:55:40]We continue to spend unnecessary money.

[00:55:46]We continue to waste the country's money on stupid things like... and by the way, wait, in case you didn't know, wait, I have to bring this up, since we're talking about the egocentrism of our president. In Mar laago they inaugurated, let me look it up here, in Mar lago they inaugurated a new gold statue of Donald Trump. [laughs] Yeah [laughs] in Maralago they put up a gold statue of Donald Trump.

[00:56:29]Many on social media have decided to compare this statue with the statues of other dictators around the world. Here I'm going to show you the image.

[00:56:46]The leader of Korea who was a dictator for decades, I think his grandfather is Kim Jong Un who is now a dictator in Korea.

[00:56:57]Saddam Hussein also had a similar statue standing in gold with his hand facing forward.

[00:57:05]Talen, another great dictator in our history, standing just like that, with his hand clasped, and of course the statue of our supreme leader, [laughs] Donald Trump in Maralago with a pose similar to that of other dictators of the world. This is the statue that was inaugurated this week in Maralago and of course on social media they are comparing it to other great dictators in our history, Saddam Hussein, Khymón and Stalin.

[00:57:47]And our president wants us to put his face on the 100-dollar bill.

[00:57:51]Well, oh, gentlemen, what can I say?

[00:57:59]Summary of today's program.

[00:58:02]Inflation increases 3.8%.

[00:58:06]Our government continues to waste money. It turns out that we have spent $29 billion on the Iran war, and the Pentagon itself estimates that we will possibly spend $200 billion.

[00:58:27]The country is more indebted than ever.

[00:58:30]People are surviving through loans and credit cards.

[00:58:39]Our government continues to waste unnecessary money.

[00:58:43]We pay $3 trillion a day in interest, just the interest on our $39 trillion national debt. But we keep increasing the debt, we keep spending more.

[00:58:59]and more and more and more.

[00:59:06]That is the reality we are living in right now.

[00:59:12]That is the reality we have for you at this moment. Gasoline at $ per gallon nationwide in the United States. Tomatoes 50% more expensive. Meat, the cost of meat has increased by 26% in the last year.

[00:59:34]Electricity went up, gas went up, and the data doesn't lie.

[00:59:44]That is the reality we are living in.

[00:59:47]Well, look, thank you for joining us, thank you for being with us, thank you for being here for this little while that we have for you in what we call Politics in Spanish US. Politics in Spanish US. Remember our digital platform, if you want to follow us 24/7, here we are. Search for Politics in Spanish US on Facebook, Instagram, YouTube, and TikTok. Here it is. Look, this is what we have for you. You can connect with us 24/7. Politics in Spanish, US every day. Everything, everything we talk about here, everything we discuss here is posted here for you to look it up, for you to see it, for you to hear it, and to know what is happening in the politics and national government of the United States. Politics in Spanish. US. Politics in Spanish. US.

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