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Belle of the Ranch

Let's talk about how even Trump's team doesn't know what he's doing....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 9 April 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Let's talk about how even Trump's team doesn't know what he's doing....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again.

0:05.0

So today, we're going to talk about Trump crushing the economy, and even Trump's team doesn't know why.

0:13.0

As markets all over the world are tanking, not much is actually known about Trump's plan,

0:19.0

and why he's destroying the retirement accounts of

0:22.0

millions of Americans and erasing literally trillions from the markets. It's just a maze of claims,

0:29.5

so much so that Trump's team doesn't seem to know what he's doing either. The Agriculture Secretary

0:36.0

said, quote, this is about reshoring thousands, hundreds of thousands,

0:41.4

millions of jobs. Okay, bring jobs back. Got it. Trump said, quote, we have a trillion dollar trade

0:50.1

deficit with China, hundreds of billions of dollars a year we lose to China. And unless we

0:56.2

solve that problem, I'm not going to make a deal. Okay, so it's about trade deficits. Okay.

1:04.5

The White House staff secretary said one tariff in particular would bring in, quote,

1:10.0

$100 billion in new revenue.

1:12.9

Trump himself said the terrorists would bring in, quote,

1:16.2

anywhere from 600 billion to 1 trillion will be taken in over the relatively short-term period,

1:23.1

meaning a year from now. Okay, new source of tax revenue. Got it. The Agriculture Secretary

1:31.0

also said, quote, this is the ultimate deal maker. Negotiating tool. Got it. In the last 72 hours

1:40.2

or so, we've heard Trump officials say it's about bringing back jobs, it's about addressing

1:45.7

trade deficits, it's about tax revenue, and suggesting it's a negotiating tool.

1:51.7

I feel like I should really do a chart for this, but just follow me. If it's about bringing

1:57.2

jobs back, it can't generate revenue because nothing will be imported and it can't be

2:03.2

a negotiating tool because the tariffs will have to remain in place for years to get factories

2:08.8

moved here. If it's about tax revenue, it can't be about jobs or deficits or negotiation

...

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