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Join Jim and Greg for Thursday’s 3 Martini Lunch as they react to a new climate report that undercuts years of doomsday predictions, economic numbers that show a slight contraction in the first quarter, and the Democratic National Committee using identity politics in an attempt to oust David Hogg from party leadership.
First, they spotlight a new study from the University of Exeter revealing that polar ice levels have remained largely stable over the past 20 years. The report supports research suggesting climate patterns are cyclical, with polar ice naturally growing and receding. Jim and Greg contrast these findings with decades of dire climate forecasts from Al Gore and others.
Next, they break down the U.S. GDP decline of 0.3 percent in the first quarter. They explain how the drop was mainly caused by a surge in imports ahead of President Trump's tariffs. Without the rush of incoming goods, GDP likely would have risen more than three percent. What does this say about the current state of the U.S. economy and where it is headed?
Finally, they have a lot of fun watching the Democratic National Committee turn to identity politics in it's latest, obvious attempt to run David Hogg out of its leadership. There is now a challenge to Hogg's election back in February. One of the candidates he defeated says the election process was unfair to women of color. Jim and Greg have some fun imagining what the DNC will look like if this woke approach is followed to its natural conclusion.