Let's talk about Making America Rich Again and Trump slipping....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 14 February 2025
⏱️ 4 minutes
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Summary
Let's talk about Making America Rich Again and Trump slipping....
Transcript
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| 0:00.0 | Well, howdy there, Internet people, it's Bell again. |
| 0:04.6 | So today, we're going to talk about Make America Rich again, Trump, and how he's losing his |
| 0:12.2 | political instincts. |
| 0:14.1 | Love him or hate him, Trump has an uncanny ability to tap into American grievances and |
| 0:20.4 | play to them to convince his base to support |
| 0:22.7 | policies that they might not normally support or those that are in direct opposition to their |
| 0:29.0 | own interests. But his newest tagline is suggesting he's losing his edge in this regard. Trump has now used the phrase, make America rich again. And he's losing his edge in this regard. Trump has now used the phrase, make America rich again, |
| 0:41.0 | and he's leaning very heavily into the promise of prosperity. Longtime wisdom in political circles |
| 0:47.6 | is that if you take credit for the economy doing well, you'll get the blame when it goes down. |
| 0:56.9 | The U.S. economy had just achieved a soft landing when Trump was re-elected and started introducing large amounts of uncertainty |
| 1:02.9 | to trade and economic policy. Markets like stability. The other reality is that the market |
| 1:10.7 | is overvalued. It's something we've talked |
| 1:13.7 | about for some time. The Buffett indicator is more than 200%. The market is severely overvalued. |
| 1:22.5 | We're going to see a correction during his term. Trump is introducing a bunch of inflationary policies. Because of that, |
| 1:30.9 | inflation will remain sticky, which will mean the Fed won't lower interest rates quickly, |
| 1:36.6 | which means money will be more expensive to borrow, which will reduce a lot of big purchases |
| 1:42.5 | and slow the velocity of money. |
| 1:45.0 | There are likely to be supply disruptions over his tariffs, and just even the rumor of tariffs. |
| 1:52.0 | There will likely be more people out of work, especially if President Musk continues to try to force tens of thousands of people out of government service. |
| 2:02.6 | The desire to claw back money from the Inflation Reduction Act is also likely to have a negative impact on capital investment. |
| 2:11.6 | The funding freeze is withholding money spent inside the United States that is stopping people from getting paid, |
| 2:20.6 | reducing their spending, reducing the GDP. The funding freeze is stopping U.S. government agency's |
... |
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