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Trump’s Big (and Messy) Plan to Save America and Reduce the Deficit and Debt
Manage episode 493312188 series 17433
Simon’s on holiday in sunny Durban 🌞 but couldn’t resist diving into what might be Trump’s grand economic plan. On the surface, it’s tariffs, spending cuts and tax breaks—but is there real strategy underneath the chaos?
🔹 Trump’s Big Idea: Use tariffs to raise revenue and onshore manufacturing 🏭 🔹 Debt Drama: US debt now > $30 trillion 😬 🔹 Tariffs Everywhere: South Africa slapped with 30%—and so is everyone else 🌍 🔹 Reshoring & Inflation: Could higher costs push inflation up again? 💸🔥 🔹 No Deals Signed: 90 deals in 90 days? 0 delivered 🤷♂️ 🔹 Foreign Policy Fallout: NATO, Mexico, Canada—strained relationships 🌐💥 🔹 Cut Spending: USAID, EV subsidies, and soft power eroded 🚫🌱 🔹 Regulation Rollback: Less red tape, but also less consumer/environmental protection 🧾♻️ 🔹 Crypto & Energy: Deregulate crypto, cozy up to OPEC for cheap oil ⛽🪙 🔹 Mar-a-Lago Accord?: A currency + Treasury buying pact that needs allies—who aren't coming 🤝❌ 🔹 Immigration & Performance Politics: Headlines vs. actual impact 🛂📺
💬 There’s a thread of logic, but execution has been clumsy at best. Allies alienated, deals undelivered. The endgame? Likely messy and inflationary.
568 episodes
Manage episode 493312188 series 17433
Simon’s on holiday in sunny Durban 🌞 but couldn’t resist diving into what might be Trump’s grand economic plan. On the surface, it’s tariffs, spending cuts and tax breaks—but is there real strategy underneath the chaos?
🔹 Trump’s Big Idea: Use tariffs to raise revenue and onshore manufacturing 🏭 🔹 Debt Drama: US debt now > $30 trillion 😬 🔹 Tariffs Everywhere: South Africa slapped with 30%—and so is everyone else 🌍 🔹 Reshoring & Inflation: Could higher costs push inflation up again? 💸🔥 🔹 No Deals Signed: 90 deals in 90 days? 0 delivered 🤷♂️ 🔹 Foreign Policy Fallout: NATO, Mexico, Canada—strained relationships 🌐💥 🔹 Cut Spending: USAID, EV subsidies, and soft power eroded 🚫🌱 🔹 Regulation Rollback: Less red tape, but also less consumer/environmental protection 🧾♻️ 🔹 Crypto & Energy: Deregulate crypto, cozy up to OPEC for cheap oil ⛽🪙 🔹 Mar-a-Lago Accord?: A currency + Treasury buying pact that needs allies—who aren't coming 🤝❌ 🔹 Immigration & Performance Politics: Headlines vs. actual impact 🛂📺
💬 There’s a thread of logic, but execution has been clumsy at best. Allies alienated, deals undelivered. The endgame? Likely messy and inflationary.
568 episodes
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