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.
Israel, Sea Grain Initiative, Cash Bail, Election Maps, RFK Jr
The U.S. Constitution: Article III, Section 3 and Article IV, Section 1
NATO, Sotomayor, Thomas, Inflation
The Constitution: Article III Sections 1 and 2
White House Social Media Influence, NAACP vs Legacy Admissions, China and Russia
Voting Security, Russia, Listener Questions
Supreme Court End of Term Extravaganza!
Garrett Neiman on Rich White Men
Article II, Sections 3 and 4
Hunter Biden’s Plea Deal, Alito Revelations, Boebert’s Articles of impeachment, Florida Housing Ban
Free Expression in America
Voting Rights, Worker or Contractor, Pride Month, Unabomber, Presidential Field
Bryan Caplan on Voters as Mad Scientists
The Constitution: Article II, Section 2
Trump’s Federal Indictment, Voting Rights Act Upheld, Republican House Revolt, Mike Pence
Jonathan Ward on The Decisive Decade in the US / China Relationship
Partisanship, Civil Conflict, and Civil War
Debt Limit Deal, No Recession (Yet), Paxton Impeachment, SCOTUS Recusal
Kevin Munger on Generation Gap Politics
Listener Questions: Right to Secede, Education, Biden's Record, Taxes
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