The Bulwark Podcast

S2 Ep1017: Catherine Rampell: Trump's Tariffmageddon

34 snips
Apr 9, 2025
Catherine Rampell, a Washington Post columnist and MSNBC co-anchor, teams up with Jason Crow, Colorado Congressman and former infantry officer, to dissect the chaotic economic landscape shaped by Trump’s tariffs. They discuss the unsettling impact on the bond market, revealing fears about U.S. economic stability. Crow shares insights on how Democrats can reconnect with working-class voters, while both guests explore the implications of ongoing tariff negotiations. Their engaging banter navigates between serious economic analysis and humor.
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INSIGHT

Deadweight Loss

  • Rampell criticizes Kevin Hassett's claim that other countries bear the cost of tariffs.
  • She explains the concept of deadweight loss, where tariffs hurt consumers, businesses, and suppliers.
INSIGHT

Tax Cut Gimmick

  • Republicans propose not counting extended tax cuts towards the deficit, increasing the national debt.
  • Rampell criticizes this as "Orwellian" and compares it to claiming a renewed car lease is free.
ANECDOTE

Spiritual Intervention

  • Trump's spiritual advisor, Paula White, tweeted about canceling demonic attacks on finances.
  • Miller jokes about this as a potential solution to the economic turmoil.
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