The Rachel Maddow Show
Trump caves on tariffs: One economic indicator made even Trump realize he'd gone too far
Apr 10, 2025
The podcast dives into the fallout from Donald Trump's economic policies, highlighting public discontent and significant stock market declines. As tariffs wreak havoc, even Trump begins to reconsider his strategies when the bond market reacts negatively. It covers protests linked to federal cuts in education and the chaotic state within the IRS as officials resign amid concerns over tax data misuse. The discussion also touches on troubling financial dealings between the government and tech firms, raising questions about accountability and transparency.
42:48
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Quick takeaways
- Trump's initial indifference to economic turmoil shifted when tariff impacts threatened bond market stability, forcing a reconsideration of his approach.
- Public dissent illustrated by recent protests reflects dissatisfaction with government policies, particularly regarding economic management and essential services like Social Security.
Deep dives
Public Sentiment Against Presidential Policies
Recent national protests have illustrated widespread discontent with the current administration, particularly regarding its policies. A Quinnipiac University poll was conducted during the same weekend as these protests, reflecting citizens’ negative views on key issues such as the handling of the economy and international relations. The poll revealed a significant disapproval rating for the president's management across various domains, indicating a disconnect between the public and government actions. This public dissent has become a focal point for many Americans advocating for change, evident in the large turnout at protests.
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