Trump’s War Hits The Economy
What A Day
What A Day
4.6 • 12.6K Ratings
🗓️ 4 March 2026
⏱️ 24 minutes
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Summary
The U.S.-Israeli war in Iran is sowing death and chaos, surely, but with ship traffic avoiding Iran’s shores, the war’s also threatening the global economy through higher oil prices. Miles Taylor explains why all this is happening. Taylor served as the chief of staff at the Department of Homeland Security in the first Trump administration, where he made waves for writing an Op-ed in the New York Times headlined, “I Am Part of the Resistance Inside the Trump Administration.”
And in headlines, the State Department scrambles to help thousands of Americans stuck in the Middle East, Iran continues to retaliate against the U.S.-Israeli attacks, and Department of Homeland Security Secretary Kristi Noem faces tough questions in the Senate.
Show Notes:
- Miles Taylor’s writing on whether Trump is creating a financial crisis
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Transcript
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| 0:00.0 | It's Wednesday, March 4th. I'm Greg Walters in for Jane Koston, and this is Whataday. |
| 0:09.4 | The show that noted yesterday, Oklahoma Republican Senator Mark Wayne Mullen couldn't keep straight |
| 0:14.3 | whether America is at war with Iran or Iraq. And now, he doesn't seem totally sure whether we're at war at all. |
| 0:37.7 | This is war, and we're taking out the threat. Got it. This is a war. But I thought only Congress could declare a war. You can see this is war? We haven't declared war. They declared war on us, but we haven't declared war. We haven't declared. Just now you said this, this is war. They've called it war. |
| 0:38.5 | What I was saying... Okay, well, that was it misspoke. |
| 0:40.0 | But I was saying that they've declared war on us, but war is ugly. |
| 0:43.7 | It always has been ugly. |
| 0:45.8 | You know, at least we can agree on that last part. |
| 1:01.3 | On today's show, the State Department scrambles to help thousands of Americans stuck in the Middle East, and Department of Homeland Security Secretary Christy |
| 1:04.8 | Noam faces tough questions from senators about immigration enforcement and her personal |
| 1:09.6 | history of canine execution. |
| 1:11.6 | But first, a very big, happy, oh my God, the midterms are finally upon us day to all those |
| 1:17.2 | who celebrate, because yesterday marked the first official primaries ahead of this November's |
| 1:22.2 | big vote. |
| 1:23.2 | Ballots were still being counted as we were recording this on Tuesday evening, and we'll be back |
| 1:28.0 | tomorrow with a breakdown of who's up, who's down, and what we can learn from the results in Texas, |
| 1:33.2 | North Carolina, and Arkansas. And that includes how the electorate is feeling about a certain |
| 1:38.3 | you-know-who and all of his ludicrous Michigasigoths, like this war he just got us into. |
| 1:43.7 | Specifically, the kind of war that President Donald Trump spent the last decade promising |
| 1:48.5 | he would never lead us into. |
| 1:50.5 | Here he is during the State of the Union address in 2019. |
| 1:54.0 | As a candidate for president, I loudly pledged a new approach. |
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