About this episode
Summary:President Trump has designated April 2, 2025 “Liberation Day,” as he claims the reciprocal tariffs he imposes on American importers will make the rest of the country freer. But tariffs don’t make a country freer or richer and aren’t beneficial even as a response to like treatment from trading partners. As have conservatives throughout American history, Trump views trade as a zero sum game, an economic ‘war,’ with winners and losers.Links:Watch this episode on YouTubeFree Excerpt: Where Do Conservatives and Liberals Come From? And What Ever Happened to Life, Liberty and the Pursuit of Happiness?Economics Was Invented to Refute Trump’s Tariff ArgumentsOur History of Protectionist Tariff Train Wrecks December 6, 1887: Third Annual Message (President GroverCleveland)Industrial Production – 100 Year ChartIs U.S. Manufacturing Really Declining?Economics in One LessonFree Gifts from Tom:Get a free copy of It’s the Fed, Stupid at itsthefedstupid.com!Learn more about the philosophical differences between conservatives, liberals, and the founding fathers in this free excerpt of Tom’s 2015 book, Where Do Conservatives and Liberals Come From?
