2495 - Decoding Trump's Tariffs & Inflation w/ Mark Blyth
The Majority Report with Sam Seder
Sam Seder
4.6 • 3.4K Ratings
🗓️ 12 May 2025
⏱️ 87 minutes
🧾️ Download transcript
Summary
In addition to Trump's erratic trade policies, Republicans are also working to defund vital programs like Medicare and Social Security in their upcoming legislative push. AOC has an explainer on how the GOP is looking to cut nearly a trillion dollars out of Medicare and give it to billionaires.
After that, Sam speaks to Mark Blyth to help unpack Trump's topsy turvy tariff policy and how it relates to inflation. Blyth is the Director of The William R. Rhodes Center for International Economics and Finance and a professor at Brown University.
He’s also the co-author of the new book “Inflation: A Guide for Users and Losers” which is out now: https://www.markblyth.com/books
In the Fun Half, Sam and Emma take in some of the highlights from the White House press conference on Trump's latest executive order on prescription drug prices, which, suffice to say, is not what it's advertised to be. Trump says a rich friend of his who's taking the "fat shot drug" told him he's paying far less for it in the U.K. than in the U.S. RFK Jr. says this is proof that Trump is sticking it to the oligarchy. At the same time, Bret Weinstein is very concerned that maybe big pharma has gotten to RFK Jr.
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Transcript
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| 0:00.0 | Hey, folks. |
| 0:01.6 | Mother's Day has passed, but you can still give a gift to your mother. |
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| 0:16.1 | Your presence. |
| 0:17.7 | Not literally with the tea, but with the C, however the other one is spelled. |
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| 0:30.9 | What am I talking about? |
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| 0:51.7 | or still photos up there. |
| 0:55.1 | The frame has audio embedded in so it can hear. |
| 0:59.6 | You know, if you've got a video, the sound will come out of it. |
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| 1:08.6 | displays. |
| 1:10.7 | It is a great gift. |
| 1:13.3 | I just recently gifted |
| 1:14.8 | my girlfriend's parents |
| 1:17.0 | one. They have a lot of kids, |
... |
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