The Remnant with Jonah Goldberg Reciprocal Deficit Deficiency
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Mar 12, 2025 Join Michael Strain, Director of Economic Policy at the American Enterprise Institute, as he unwraps the intricate world of economics. They dive into the swirling uncertainty of the stock market and the potential for recession. Strain critiques the tumultuous trade policies of today, revealing how misinformation can shake business confidence. The discussion also touches on the risks of cryptocurrency as a reserve and the political maneuvers behind tariffs, shedding light on the confusing landscape of economic policy.
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Economic Uncertainty from Tariffs
- Tariffs imposed by the Trump administration are causing significant economic uncertainty.
- Businesses are delaying investments and cutting expenses due to unpredictable trade policies.
Uncertainty's Impact on Decisions
- Uncertainty significantly impacts business decisions, similar to personal finance.
- If income stability is uncertain, individuals and businesses avoid decisions they might otherwise make.
Trump's Trade Policy Goal
- Trump's trade policies aim to bring manufacturing back to America.
- This resonates with some, but may have negative economic consequences.