
The Moynihan Report Trump at the WEF, defining fascism, Hitler revisionist history, + more | The Moynihan Report
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Jan 23, 2026 A wide-ranging political roundup tackles Trump’s Davos appearance, poll numbers, and who really pays for tariffs. They debate definitions of fascism versus authoritarianism and revisit Weimar-era violence as context. The conversation dives into Brendan Simms’ controversial take on Hitler and a defense of Danish service in the War on Terror. It finishes with nostalgic reflections on Buckley, Mailer, and Town Bloody Hall.
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Polls Hide Issue-Level Weakness
- The NYT/Siena poll shows Americans split: 32% say they're better off, 49% worse off under Trump.
- Issue-level approval is weaker; Trump's overall ~40% approval masks very low marks on specific topics like Ukraine and Epstein.
Who Actually Pays Tariffs
- Tariffs largely fall on U.S. consumers, not foreign producers, according to reporting Michael cites.
- The Wall Street Journal study found about 97% of tariff costs are paid by American consumers.
Don't Treat Gold As Debt Insurance
- Do not rely on gold/silver as a realistic way to erase national debt; it's not a policy fix.
- Michael Moynihan rejects the idea that precious metals appreciating could meaningfully pay down federal debt.











