Make Me Smart Your hot takes on this week's tariff insanity
10 snips
Apr 10, 2025 This week, listeners share their thoughts on the chaotic world of tariffs and how they navigate economic uncertainty. Is Trump's tariff pause just a temporary measure? Personal anecdotes reveal the hardships tariffs impose on businesses and a teacher's creative methods to explain these concepts to kids. The discussion highlights the broader impacts on the economy, including market dynamics and the emotional toll on everyday life. Tune in for engaging insights and lively listener interactions!
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Old Models Don't Work
- Traditional economic and political models are failing to explain current events.
- The usual strategies for managing the economy don't seem to apply anymore.
Listener's Tariff Prediction
- John from Kansas City predicted the tariff fluctuations and subsequent higher baseline.
- He questions the impact of the 10% baseline tariffs compared to historical data.
Misleading Tariff Pause
- The "tariff pause" is misleading, as a 10% tariff remains on most imports.
- This represents a tripling of import taxes compared to January 20th.