Trey and Mike begin the show by discussing the Democratic primary debates. Mike outlines his rubric for picking the best candidate, listen to find out who, and then rank orders the options. Trey, an outsider to the party, argues that Democrats are not running strongly enough against a powerful presidency and are unfortunately embracing the trade policies of President Trump with better packaging.
Next, they talk the federal interest rate cut, the first since 2008. Mike argues this is more of the same erratic behavior predictable of the Trump era and, further, limits the tools the Fed has to deal with a real crisis. Mike’s economic data is found here. Trey suggests Powell is bowing to political pressure and that this is precisely the problem with the current Fed. He also doesn’t understand how, even if you agree with Keynesianism the rate cut is a bad idea.
After that, Trey and Mike move to the related topic of Chinese tariffs. Mike is in large agreement with the underlying goals of the Trump administration, but concerned that they are not using the best tools to get Chinese compliance on issues including intellectual property rights. Trey sees the consumer fallout as being a potential electoral question in the 2020 presidential election.
The show closes by discussing the drama surrounding the exit of Director of National Intelligence Dan Coats and the withdraw from consideration of Congressman John Ratcliffe.
Listener support helps make The Politics Guys possible. If you’re interested in supporting the show, go to patreon.com/politicsguys or politicsguys.com/support.
Political Violence, Springfield, Ducking the Media, Fed Rate Cut
Build, Baby, Build!
Trump v Harris on the Economy, Federal Budget, Jay’s Beefs with Democrats
Presidential Debate, Swifties for Harris, Trump’s Race to Lose
The 13th and 14th Amendment
Tenet Media, U.S. Senate Races, Hunter Biden’s Guilty Plea, Carlos Del Toro’s Violation of Hatch, SAVE Act
The Politics of Gen Z
Trey & May Answer Listener Questions
Harris’s CNN Interview, Trump and Abortion, A Modified Trump Indictment
The Culture War and School Vouchers
FTC Noncompete Blocked, GOP v Dem Platforms, Listener Questions
Democratic Convention, RFK Jr and Trump, Biden Impeachment Report
Lost in the Middle: America’s Political Orphans
Trump and Harris Economic Plans, Presidential Prediction Models
Musk ‘Interviews’ Trump, Musk Lawsuit, Lowering Drug Prices
How To Raise a Citizen
Google Antitrust, The Squad vs AIPAC, Supreme Court Reform
Harris Picks Walz, Presidential Race
New Deal Law and Order and the Modern Liberal State
The Constitution: The 12th Amendment
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