Open to Debate

Trump’s First 100 Days: The Economic Agenda

52 snips
May 9, 2025
In this engaging discussion, guests Jason Furman, a Harvard economics professor and former Obama advisor, and Mariana Mazzucato, an innovation economist from UCL, tackle the complexities of Trump's economic agenda. Alongside Stephen Moore, former Trump economic advisor, and Allison Schrager, Bloomberg columnist, they debate the effectiveness of tariffs in boosting American jobs versus potential inflation. Jeff Ferry, representing manufacturing interests, adds insights on domestic self-sufficiency. The episode dives deep into deregulation, its risks, and the balance needed for sustainable growth.
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INSIGHT

Tariffs Harm Broad Economy

  • Tariffs may help small groups temporarily but cause widespread economic harm over time.
  • They raise prices for consumers and reduce export jobs in long-term perspective.
INSIGHT

Tariffs Need Industrial Strategy

  • Tariffs without a broader industrial strategy are mercantilist and ineffective.
  • Smart tariffs should be targeted and paired with government investments to build competitiveness.
ADVICE

Ensure Policy Stability

  • Avoid abrupt changes in trade policy to give businesses planning certainty.
  • Major policy changes should ideally go through Congress rather than executive order.
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