The Rest Is Money
110. Will Trump Make Us Richer Or Poorer?
Nov 8, 2024
The discussion dives into Trump's radical economic reshaping plans, highlighting the unconventional Treasury Secretary candidates. Outsourcing and its adverse effects on local jobs are scrutinized, revealing the impact on communities. The conversation shifts to complex tax policies, especially around tipping in hospitality. It further explores the looming debt crisis and the ramifications of unfunded tax cuts. Lastly, the podcast contrasts the burgeoning U.S. crypto culture with Europe's skepticism, emphasizing crypto's rising political relevance.
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Quick takeaways
- Trump's proposed economic strategies, including significant tax cuts and import tariffs, could potentially inflate prices and exacerbate the national debt.
- Scott Besant's likely role as Treasury Secretary may reflect a complex blend of traditional conservative and progressive values in upcoming economic policies.
Deep dives
New Reward Options at Baker's
Baker's has introduced a new rewards program that allows customers to choose between saving on fuel or applying their points towards future purchases. Each time customers shop at Baker's, they continue to earn points which can be redeemed later for up to $1 off per gallon of fuel or for discounts on upcoming purchases. This flexibility empowers customers to decide how they want to utilize their rewards, enhancing their shopping experience. This initiative represents a fresh approach to customer loyalty, catering to diverse needs and preferences.
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