I, I mean, I'm sure you could... had some learning experiences as well, but some moments that really stand out that you're proud of.

Yeah, you know, it's interesting, uh, right? I'm, I'm proud of a lot of stuff that we've done, but, um, I think more it's I've got a lot of gratitude, uh, for the opportunities that I've had working for the city.

S- so I've really been fortunate to be in the role that I've been in.

I'll call it really the golden age of recreation in Park City, where, uh, when I started in, you know, 1991, there were very few facilities, and now there are a whole bunch of facilities, from ice arena to sports complex to new pools at, uh, the Mark to now the Mine.

So it is, uh, y- you know, really been great.

And as I told someone the other day, you know, if you work somewhere for 35-plus years, you better have a long list of accomplishments.

But the thing is, these accomplishments don't happen just by me.

Going on and on about different memories, but usually there's sometimes a special one that kind of sticks out, and I'm curious if there's kind of a moment in your career that really just speaks to being a recreation director in a small mountain town.

So you're pretty good at

it.

How do you see it? Well, thank you.

But clearly, we are in acceleration if you just look at very simple things.

On the one hand, if you just look at any estimate of what third quarter GDP growth will be, it's acceleration from the quarter, which is acceleration from the quarter before.

Secondarily, it's good to take into account in that that actual government spending in that GDP quarter will be down, primarily non-defense spending being down, which is a double statement about the strength of the rest of the economy.

There's always debate about how will GDP number really come in, blah, blah, blah.

But it's not really inflationary.

Why can't suppliers just wait this out and lean on OEM volume the way they used to?

it's not prudent to wait, you know, wait, wait this out because you never know when it's going to end.

It could get, it could get worse before it gets better.

And we don't know, it will get better.

We know that it will get better at some point, but we don't know when.

And you have, you know, when we say, you know, what can tier one, tier two, tier three suppliers do to grow their business or at least grow their profitability.

So you can either grow your top line or your bottom line.

Ken, how does that take place?

useful

tool.

And I encourage you to get what you can.

You can get AI.

And if you just do a Google search and ask a question, it's going to give you the answer via AI.

It's all good.

Inflation is outpacing wage growth for the first time in years.

Now back to our episode.

Enjoy.

Every month I get questions sent in to me.

Feel free to do that because I like getting your questions and I like answering them here.

This is what we call the mailbag.

And I get these things written up in big print so I can see them as I'm talking to you.

And I try to give you short answers, which is nearly impossible for me to do.

But I'll try.

Now back to our episode.

Enjoy.

[on-hold music] So every month I get questions sent in to me, and I try to answer them quickly, which every month I fail at because I'm not very good at saying things quickly.

I can talk very, very fast, so I have to speak really fast and make mumble jumble out of everything.

But in reality, I'm a kind of a plodder when it comes to explaining things.

So this month's first question: Isn't high inflation and a worsening job market an indicator for a recession? No.

The fact is, both of them at the point in time that you see them, when you say a worsening, what we're really talking about when you say worsening is looking at recent months and projecting that into the future.

And the fact of the matter is, whether it's inflation looking backward or job numbers looking backward, they aren't necessarily at all consistent with the future, therefore they're not predictive.

Now back to our episode.