Squawk Pod Dr. Oz, MAHA, & David Rubenstein 5/23/25
May 23, 2025
David Rubenstein, co-founder of the Carlyle Group and owner of the Baltimore Orioles, shares his insights on President Trump's proposed tariffs and the implications for the economy. Dr. Mehmet Oz, head of CMS, discusses proposed Medicaid reforms and the ethical concerns surrounding the cryptocurrency dinner hosted by Trump. The conversation dives into the evolving landscape of U.S. higher education, tackling contemporary issues like safety for Jewish students and the influence of political bias. Expect a mix of healthcare debates and economic commentary!
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U.S. Debt Reaches Risk Levels
- The U.S. debt exceeds 129% of GDP, rivaling only Italy's debt.
- Rising interest costs on debt now rival the entire defense budget, signaling economic risks.
U.S. Economic Strength Explained
- The U.S. benefits from being 5% of the population but 18-19% of global GDP.
- The service economy and global supply chains help keep inflation down and provide lower-cost goods.
Regulatory Power Worries CEOs
- CEOs avoid public battles with the president due to his powerful influence.
- Regulatory control by the president is a bigger concern for businesses than consumer boycotts.