The Journal. What's Going On With the Economy?
123 snips
Mar 12, 2025 
Join WSJ reporter Ashby Jones, who unveils worrying signs in the economy, alongside Brian Schwartz, a White House reporter spotlighting economic policy. They dive into President Trump's candid remarks on a potential recession and explore how ongoing tariff fluctuations are creating confusion. The duo also discusses the impact of consumer confidence on economic indicators and addresses the administration's challenges in navigating these turbulent waters. Tune in for insights on the economy's uncertain future!
AI Snips
Chapters
Transcript
Episode notes
Trump's Economic Actions
- Trump acted swiftly to reshape the economy upon his return, focusing on cuts, tariffs, and immigration.
- Economists observed that Trump inherited a relatively stable economy, though not without its challenges.
Uncertainty in Economic Policy
- Trump's economic policies include federal government cuts, stricter immigration, and fluctuating tariffs on Canada, Mexico, and China.
- This "firehose approach" has injected uncertainty into the economy.
Impact of Tariff Uncertainty
- The constant changes in tariff policies create uncertainty, making it difficult for businesses to plan.
- This uncertainty is more damaging than the tariffs themselves, as it erodes trust in the administration's intentions.