Rebel Capitalist News Small Business Data Getting Worse, Powell's Comments Move Market, New Trump Tariffs
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Feb 12, 2025 Chris Irons, a contributor to the QTR podcast, dives into the intricate world of macroeconomics and entrepreneurship. He discusses the declining optimism of small businesses amidst new tariffs and political shifts. The dialogue critiques recent immigration policies while outlining their impact on trade and labor. Irons also explores the Federal Reserve's cautious stances on interest rates and inflation, debunks myths about physical barriers against drug trafficking, and emphasizes the complexities of wealth creation in today's economy.
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Declining Small Business Optimism
- Small business optimism is declining due to Trump's unpredictable policies, creating economic uncertainty.
- This uncertainty makes it difficult for businesses to plan long-term, impacting inventory and pricing strategies.
Trump's Decisive Immigration Actions
- Chris Irons highlights Trump's decisive actions on immigration, contrasting them with Biden's perceived inaction.
- He acknowledges the potential unintended consequences of swift policy changes.
Trade-offs of Executive Orders
- Gammon advises considering the trade-offs of executive orders, noting the potential shift in presidential power.
- He questions whether increased border security or removal of incentives caused reduced crossings.
