The Ben Shapiro Show Ep. 2172 - What The Hell Happened on LIBERATION DAY?!
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Apr 3, 2025 
Joining the discussion is Representative Jody Arrington, the House Budget Committee Chairman, who offers a deep dive into the economic ramifications of President Trump's tariffs. They dissect the misleading nature of trade deficits and the potential inflationary outcomes these policies may cause. The conversation also highlights the chaos of current trade wars, touching on how they impact American families and market stability. Arrington critiques welfare programs and discusses the shifting political landscape ahead of upcoming elections.
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Trump's Zero-Sum View
- President Trump's economic policies, including tariffs, are based on the idea that international trade is a zero-sum game.
- He believes the US is a victim in international trade, getting "pillaged, plundered, raped."
American Economy's Positive Trend
- The American economy has consistently improved over the past few decades, contrary to some narratives.
- Manufacturing output, middle-class wealth, and wages have all seen significant increases.
Trade Deficits and Economic Health
- A large trade surplus existed during the Great Depression, showing surpluses aren't always good.
- French economist Frédéric Bastiat satirized trade imbalances by suggesting sinking export ships.