Cenk Uygur
speaker
1,523 appearances
5 recordings
1 series
first heard Apr 2024
last heard Apr 2025
Cenk Uygur’s voice in public audio — every appearance, attributed to the second.
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Yeah, I think there's a couple of factors.
Number one, Donald Trump has always believed in tariffs.
He's been saying it for like 40 years.
And why does he say that?
He actually blurts out the answer all the time in different speeches, which is that he thinks that in the 1890s, when we had tariffs and no income tax, that it took care of the government.
So if you just have enough tariffs, you won't need an income tax.
which is hilarious because it's not the 1890s.
Our economy is so drastically different, and his simple mind can't grasp that.
So in a sense, he's a true believer.
There's a second reason why, though, because they needed to say, hey, you know what?
The $5 to $5.5 trillion in tax cuts we're about to do for the richest people in the country is
and for corporations are no big deal because we got the gold card, we got the doge cuts, and the tariffs.
And you know what the tariffs are going to create?
Don't worry, the tariffs are going to create $6 trillion in revenue, so you don't have to worry about those giant tax cuts.
So that was part of the point of these tariffs.
But Trump bungled it, as he always does, which is he did these nuclear global tariffs,
that were just absolutely insane.
And since he doesn't listen to any reason there's no brakes in the car, he launched them without, you know, listening to Scott Besson, his own treasury sector or anyone else.
And he did something previously unimaginable.
He crashed the stock market and the bond market at the same time.
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