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The Megyn Kelly Show

The Case for Abolishing the Department of Education, Truth About Trump's Tariff Plan: AM Update 4/21

Apr 21, 2025
Steve Eisman, a former senior portfolio manager renowned for predicting the 2008 financial collapse, shares his insights on Trump's tariff strategy. He explains how the U.S. is positioned advantageously in global trade negotiations despite market volatility. The conversation also touches on the controversial stance advocating for abolishing the Department of Education, highlighting its failure to improve student outcomes despite increased spending. This provocative discussion raises questions about the balance between federal oversight and local control in education and trade.
17:48

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Corey DeAngelis argues for abolishing the Department of Education, suggesting it has failed students and undermined educational progress.
  • Steve Eisman discusses Trump's tariff plan as a strategic move to enhance U.S. trade negotiations, amid concerns about potential economic repercussions.

Deep dives

The Shift in Educational Authority

The U.S. has seen a significant rise in student spending, with a 108% increase since 1980, yet educational outcomes have not improved correspondingly. In response to widespread educational failures revealed during the pandemic, President Trump pledges to abolish the federal Department of Education, transferring control to state and local entities. Advocates argue that this shift will enhance parental rights and potentially improve educational effectiveness, as local authorities may respond better to community needs. Critics warn, however, that dismantling federal oversight threatens essential support systems for disadvantaged students, potentially exacerbating educational inequalities.

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