Trump's "Economic D-Day," Cheap Beef, and $40 Trillion Debt || 1812

Episode notes

Trump is promising an "economic D-Day" against Iran while trying to lower beef prices by temporarily removing a tariff. So tariffs don't raise prices... except when removing them lowers prices? Nate and Charlie break down Trump's new economic pressure campaign against Iran, the oil-market reaction, and whether decades of sanctions give us any reason to expect a different result this time.

Then it's beef. Trump announced a 90-day plan allowing hundreds of thousands of metric tons of ground beef to enter without the out-of-quota tariff, while promising cheaper prices and more room for American cattle producers to grow. The guys dig into the incentives, Thomas Massie's response, and the obvious tariff contradiction. Finally, the national debt has crossed $40 trillion.

Did the Bush and Trump tax cuts create the debt problem, or does Washington simply spend every dollar it can get its hands on? Plus: 91% tax rates, government roads, patents, AI data centers, and a viral claim about Gary, Indiana that sends the show completely off the rails. Follow the show, share this episode, and leave a rating or review. If you disagree, even better.

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