The MeidasTouch Podcast Trump Has Awful Thursday as Plans Backfire in His Face
Aug 14, 2025
Donald Trump's recent missteps take center stage. The discussion dives into the economic fallout of his policies, highlighting inflation and rising costs of everyday items. There's also a critical look at the troubling implications of a potential meeting with Vladimir Putin. The complexities of tariffs and their real economic impact are unpacked, raising questions about credibility. Lastly, the hosts critique market instability as a key economic indicator, alongside political leaders' controversial decisions.
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Federal Forces As Political Theater
- Ben Meiselas argues Trump is using federal forces to project authoritarian power in cities like D.C. and Los Angeles.
- Meiselas frames this as a political stunt that distracts from Trump's economic failures and broken promises.
Wholesale Inflation Is Rising Fast
- Meiselas highlights a surge in producer price inflation (PPI) as evidence inflation is worsening under Trump.
- He connects rising wholesale costs to higher consumer prices and business bankruptcies nationwide.
Data Staff Cuts Undermine Inflation Trust
- Meiselas asserts the Trump administration reduced data staff, forcing inflation estimates to rely on guesses.
- He questions the credibility of inflation numbers produced under Trump's team.