meta_pixel
Tapesearch Logo
Log in
Belle of the Ranch

Let's talk about Trump's economic plans....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 7 November 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

Let's talk about Trump's economic plans....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people? It's Bell again. So today, we're going to talk about Trump

0:06.8

and what's likely when it comes to the economy. We're going to start with his campaign promises

0:12.8

and then move to things he's likely to do that will have a significant impact on the economy.

0:20.1

During the campaign, he made a lot of promises about altering the way federal income tax is collected

0:26.0

and from who.

0:28.2

That's something he needs Congress for.

0:31.0

Even if both houses are Republican, it seems unlikely that they'll push too hard on this one.

0:37.1

It may not even be because they don't really care about the working class this time.

0:41.8

The reality is that it would be hard.

0:44.9

It's an incredibly complicated system,

0:47.5

a lot like the whole repeal and replace motto with the Affordable Care Act.

0:52.4

It's entrenched.

0:53.9

They could do minor tweaks, but the large

0:56.4

overhauls that were hinted to seem unlikely. If they do actually do it, you'll likely see

1:02.5

deficit spending skyrocket or steep cuts to government services. Okay, on to tariffs. Trump doesn't really need Congress for this. I know. Somebody is going

1:15.0

to say that the power is invested in Congress by the Constitution. But, little by little,

1:21.6

Congress granted more and more power to the executive branch on this one. Most of what he says he wants

1:27.4

to do, he can by himself.

1:30.4

Now the question is, will he? Probably. Maybe not quite as steep as he promised, but he seems to

1:37.5

really like the idea. Why not as steep as he promised? Because his economic advisors might be

1:43.7

able to talk him out of it.

1:45.7

Tariffs are effective if used very strategically. If they're used broadly, they can spark

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Belle of the Ranch, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Belle of the Ranch and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.