

Ali Velshi: Trump's economy is so bad he's trying to distract from it by talking about Epstein
Sep 6, 2025
The discussion highlights the troubling economic landscape under the current administration, citing weak jobs reports and rising unemployment. It critiques Trump's focus on distractions rather than addressing these issues, including controversial military actions and policy changes affecting air travel. The podcast also delves into the implications of shifting U.S. foreign policy, particularly regarding authoritarian regimes and international alliances. Additionally, it examines the contradictions in Trump's military rhetoric and its ethical ramifications.
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Weak Jobs And Sticky Inflation Clash
- The August jobs report showed only 22,000 new jobs and a revised June loss, signaling labor-market deterioration.
- Ali Velshi warns this combo of weak jobs and persistent inflation creates an economically hard-to-solve squeeze.
Policy Choices Tied To Labor Weakness
- Velshi links the poor labor results to Trump's policies like tax cuts and tariffs that he says reduced growth.
- He notes Republican actions and tariffs contributed to the current economic strain.
Fed Independence Prevents Inflation Erosion
- Velshi and Rogoff stress politicizing the Federal Reserve risks higher inflation and lost trust in the dollar.
- Rogoff and Janet Yellen warn Fed independence prevents runaway inflation and protects savers.