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The David McWilliams Podcast

Did Ferris Bueller Predict the Trade War?

The David McWilliams Podcast

David McWilliams

News & Politics

4.6643 Ratings

🗓️ 1 April 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

What do tariffs, the Laffer Curve, and Ferris Bueller’s Day Off have in common? More than you’d think. This week, we dive into the world of trade policy, culture wars, and deflated middle-aged fatherhood, all from the basement. From Trump's so-called "Liberation Day" of tariffs to secret WhatsApp groups planning military strikes, this episode examines how America’s trade war is about identity, masculinity, and a long-festering grudge against Europe. With a history lesson on Smoot-Hawley, Reaganomics, and the ghost of Arthur Laffer, we ask: if America is only barely exposed to global trade, why the war on Europe? And is this all just economic policy reimagined as culture war th

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Transcript

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1:02.4

To understand the economy, you have to understand human nature.

1:08.8

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1:14.8

How you doing there? It is podcast time.

1:18.6

John and I are sitting here in the basement.

1:21.1

We are exchanging parenting skill advice.

1:25.4

Look at therapy section.

1:26.3

Which is very, very pathetic, which is two fathers who hate any sort of conflict.

1:35.0

And therefore back down on every issue.

1:38.0

There are no boundaries.

1:39.6

You know, it's like, you can't establish boundaries with your children.

...

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