"Trump's Budget Could Break The Economy" - A New Conversation With Dr. Rob Shapiro

Описание: Good evening all, sharing an interview I completed today with our good friend, economist and Under Secretary of Commerce, Dr. Robert Shapiro. Rob joined us to discuss his new essay in Washington Monthly, titled "Trump's Budget Could Break The Economy," and linked here: https://washingtonmonthly.com/2025/07... - in this article and in our conversation it will be become clear that Trump’s economic agenda is reckless and could bring extraordinary and lasting harm to the country. It is creating huge, unsustainable and dangerous deficits. The enormous tariffs he is levying - illegally and unconstitutionally - against every country will cause prices to keep rising here, inflation to re-ignite, interest rates to remain high, our economies to slow and generate unprecedented ill-will against America throughout the world. It is shifting the tax burden from the rich to the middle and working class. It is weakening our health care system and destroying our global scientific leadership. It is giving other nations unacceptable leverage over our country, and weakening our competitiveness. It represents a remarkable betrayal of everything Trump promised during the campaign. It has also become incredibly unpopular even before its most negative impacts are felt. What are we to do? We will be discussing that in the coming days but it starts with aggressively explaining to the American people what our Mad leader is doing to the country. For more commentary like this, like, subscribe, share and find all my political analysis at https://www.hopiumchronicles.com/. Heads down, keep working hard all. - Simon