Raging Moderates with Scott Galloway and Jessica Tarlov Trump’s “Affordability” Agenda—A Masterclass in Backward Economics
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Nov 12, 2025 Scott and Jessica delve into Trump's new affordability proposals like $2,000 tariff rebate checks and 50-year mortgages, questioning their economic validity. They explore Gavin Newsom's take on the masculinity crisis, emphasizing the need for Democrats to engage with men's issues. The conversation shifts to Texas Democrat James Talarico's social media habits, and they discuss the rising trend in cosmetic procedures inspired by Trump's aesthetics, dubbing it the 'Mar-a-Lago face.' The hosts also share personal experiences with cosmetic treatments, highlighting cultural shifts in appearance.
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Rebate Checks Don’t Match Tariff Revenue
- $2,000 rebate checks funded by tariffs don't add up: projected tariff revenue falls far short of the cost.
- Jessica cites the Committee for a Responsible Federal Budget estimating a large shortfall and labels the plan a marketing tactic.
Late Political Critiques Lose Influence
- Republican critics raising economic concerns now are often late and lose credibility.
- Scott says internal GOP pushback matters little unless it appears while policies are being made.
Prefer Targeted Long-Term Investment Over Universal Stimulus
- Avoid broad stimulus without means-testing because much of it goes unspent by those who don't need it.
- Target long-term investments like universal childcare, R&D, and education to benefit future generations and young entrants.