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.
Navarro Sentencing, Secret Courts, The Republican Party
New Hampshire, Abbott's Order, Immigration Bill
Bipartisan Tax Deal, Transgender Rights, The Administrative State
Iowa Caucuses, Budget Deal, US and Houthis, Immigration and Ukraine
Black Grief, White Grievance, and the Politics of Loss
The Constitution: Assembly and Petition
Is Israel Committing Genocide in Gaza?
Where’s Austin?, Israel and Genocide, Hunter Biden, Trump’s Statement
The Law of Presidential Impeachment
US Steel, NYT vs. OpenAI, House Majority, Boebert Switch, A.I. in the Courts
Trump 2024, Gay Resigns, More Menendez Charges, Border Dispute
Seth Kaplan on Repairing America’s Fragile Neighborhoods
Harvard President Claudine Gay, State of Democracy, Predictions
Trump’s Eligibility and Immunity, Migrant Caravan, Trade Policy
Anti-Urban Bias and Inequality in America
The Constitution: Freedom of Press
NDAA, Hunter Biden, Israel
What’s Wrong with Congress and How Can We Fix It? (Part 2)
College Presidents on Antisemitism, Israel and the Palestinians
Biden Indictment, Ukraine and Immigration, Fake Electors, Upending the Tax Code
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