After 250 Years, Trump is Killing the American Dream

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Scott Galloway and Jessica Tarlov celebrate America's 250th birthday… but the mood is complicated. The U.S. economy added just 57,000 jobs in June while inflation continues to outpace wages, and July 4th revelers on the National Mall are facing 100-degree heat with coolers and folding chairs banned. 

Despite a 6-3 Supreme Court ruling striking down his executive order on birthright citizenship, Trump is already calling on Congress to finish what the Court wouldn't let him start. Meanwhile, MAGA voices seem dedicated to finding obscure ways to implement the anti-immigrant plan anyway, with VP Vance calling the SCOTUS decision "preposterous." 

Trump also announced that he will not be renewing the USMCA trade pact, the very deal he signed with Canada and Mexico in 2018. What does scrapping it mean for North American trade stability, and what does it tell us about how Trump thinks about his own legacy?

Meanwhile, OpenAI is reportedly proposing that the U.S. government take a 5% stake in in the company, which has recently delayed its plans to IPO, while Palantir CEO Alex Karp is publicly arguing that the expensive frontier models from OpenAI and Anthropic are already becoming too expensive for many companies using them.

Plus, in honor of America's birthday and Canadian patriotism — which is apparently surging, thanks to Trump — we wish you all a belated Happy Canada Day!

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