Obamas at the DNC, Kamala's Tax Plan Nightmare, RFK Jr. to Endorse Trump?

3 Martini Lunch

Join Jim and Greg as they assess speeches from Barack and Michelle Obama at the Democratic National Committee, recoil at Kamala's proposed tax hikes and current job revisions, and speculate on the impact of Robert F. Kennedy, Jr. possibly ending his independent bid for president and endorsing Donald Trump.
First, after lamenting that the Democrats temporarily took down the Bulls and Blackhawks championship banners, they react to Tuesday night's convention speeches from the Obamas. While they readily admit that both of them are very skilled at speaking and motivating their party's base, they also highlight how the former president is always right in the middle of the political mudslinging while pretending to stay above the fray. And they notice some very telling signs about what the Obamas really think of the Bidens.
Next, they shudder as Kamala Harris endorses a long list of new taxes, including major hikes in the corporate and capital gains tax rate - and even a big tax on "unrecognized" capital gains, meaning people would be taxed on money they haven't even made yet. They also cringe at revised job numbers from the Labor Department showing 818,000 fewer jobs were actually created in the past year than previously reported.
Finally, after RFK, Jr.'s running mate says there's a chance Kennedy will drop out and endorse Trump, Jim and Greg consider whether they think that will happen and whether such an event would have a major effect on the 2024 presidential race.