4.8 • 3.2K Ratings
🗓️ 28 March 2025
⏱️ 35 minutes
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Hour 3 of A&G features...
Stupid Should Hurt: https://www.armstrongandgetty.com/
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| 0:00.0 | Broadcasting live from the Abraham Lincoln Radio Studio, the George Washington Broadcast Center. |
| 0:07.7 | Jack Armstrong and Joe Getty. |
| 0:10.0 | Armstrong and Getty. |
| 0:11.6 | And now here's Armstrong and Getty. |
| 0:23.3 | If you look at the cost to produce a vehicle with a 25% tariff, |
| 0:28.7 | economists estimate that this will cost about $3,500 to $12,000 more per vehicle. |
| 0:36.5 | And then when we talk about the consumer, a lot of economists are |
| 0:39.8 | suggesting that it could cost upwards of $5,000 to $15,000 more per vehicle. But let's take |
| 0:45.6 | the White House's numbers on this. According to their fact sheet, a $40,000 vehicle made in America |
| 0:52.5 | would cost $5, dollars more if that company uses |
| 0:57.5 | foreign parts yeah so that kicks in in a couple of days in theory i've been there been another |
| 1:06.0 | number of tariff deadlines that didn't end up occurring when somebody backs down or it's perceived |
| 1:12.4 | as backing down. But if this car one kicks in, it's, well, there'll be something to watch. |
| 1:18.7 | Yeah, I just, I don't think it's realistic. We don't have time to really get into it now. And Trump |
| 1:23.8 | is trying to browbeat the U.S. automakers into not raising prices. |
| 1:28.2 | I just, I don't know that it's realistic to onshore that much manufacturing for a giant |
| 1:32.7 | complicated industry in the time Trump's going to have because you make these plans for the next |
| 1:41.4 | decade, these giant $100 million plants or whatever. |
| 1:47.3 | So these two things fit together a little bit. |
| 1:50.4 | A story I came across about your phone and being a distraction and how much it rules all of our lives. |
| 1:57.6 | Oh, that reminds me. |
| 1:58.9 | The one-year anniversary of the fabulous Peter Bogosian book, The Anxious Generation, is today, and he's out with a screed, which includes some principles to just adopt in society. It's like drunk driving. At one point, was pretty accepted. Now it's not at all. And he has some social principles we all need to adopt easy |
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