The Dispatch Podcast Are We Liberated Yet? | Roundtable
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Apr 4, 2025 Join a lively discussion as experts dive into the implications of new tariffs, exploring their potential to inflate prices and the misguided narrative around them. They humorously critique the absurdity of taxing uninhabited islands and reflect on the economic divides highlighted by recent elections. With surprising Democratic gains in traditionally Republican areas and debates over presidential term limits, the conversation reveals the shifting landscape of American politics. Trump’s influence on norms and hypocrisy in today’s political climate also takes center stage.
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1880s Economy
- President Trump claimed America was richest in the 1880s due to tariffs.
- Jonah Goldberg debunked this, citing improved living standards and GDP growth since then.
Tariff Gamble
- Trump's tariff plan is a gamble, tying his presidency to its success.
- Republicans in Congress are apprehensive due to potential economic and political backlash.
Global Instability
- High tariffs could cripple smaller economies like Vietnam, which heavily rely on US trade.
- This instability could have global consequences, potentially even impacting the US.
