The Victor Davis Hanson Show The Economy on the Upswing and Fracturing Democrat Party
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Aug 1, 2025 Trump's return from Scotland and a new EU trade deal kick off the discussion. The hosts dig into the Fed's role and how interest rates are shaping the economy, contrasting robust GDP growth with media pessimism. Tragic public safety incidents spark a debate on race and crime reporting, challenging societal perceptions. The conversation then shifts to the Democratic Party's internal strife, revealing conflicts between traditional leadership and emerging radicals. A surge of cultural criticism rounds out the talk, questioning beauty standards and the state of political rhetoric.
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Robust Economic Growth Defies Predictions
- The U.S. economy is growing robustly at about 3% GDP, defying previous recession predictions. - Tariffs at 15% have not caused expected trade wars or price spikes from foreign exporters.
Fed Interest Rates Hurt Economy
- Jerome Powell’s inconsistent Fed policies cause economic uncertainty and hurt mortgages with high interest rates. - Fed's hesitation to cut rates despite no recession slows economic momentum short-term.
Become an Interest Earner Early
- Aim to pay off mortgages and debts by your 40s to shift from paying to receiving interest. - Being an interest earner rather than payer is crucial for financial stability.
