Derek Thompson

I'm not so sure about this particular move over here. Instead, you have an executive branch that's just a full manifestation of Donald Trump's mind. And I do think that the early returns, if you look at consumer sentiment, if you look at the stock market, if you look at the 10-year yield,

You have a range of, let's call them aggregated economic information telling us that the economy, consumers, employers, investors do not like what's happening now, which is going to be a really interesting test case. Donald Trump's first four years in office, right? Love him or hate him. were four rather successful years of economic growth.

You have a range of, let's call them aggregated economic information telling us that the economy, consumers, employers, investors do not like what's happening now, which is going to be a really interesting test case. Donald Trump's first four years in office, right? Love him or hate him. were four rather successful years of economic growth.

You have a range of, let's call them aggregated economic information telling us that the economy, consumers, employers, investors do not like what's happening now, which is going to be a really interesting test case. Donald Trump's first four years in office, right? Love him or hate him. were four rather successful years of economic growth.

Low unemployment, steady growth, low inflation, pretty much every economic indicator in the green. We're already in the red in many of the economic indicators that never even blinked yellow under his first administration. And I personally don't think it's a coincidence that you're getting these red indicators

Low unemployment, steady growth, low inflation, pretty much every economic indicator in the green. We're already in the red in many of the economic indicators that never even blinked yellow under his first administration. And I personally don't think it's a coincidence that you're getting these red indicators

Low unemployment, steady growth, low inflation, pretty much every economic indicator in the green. We're already in the red in many of the economic indicators that never even blinked yellow under his first administration. And I personally don't think it's a coincidence that you're getting these red indicators

At a time when Donald Trump is having an entirely different experience of being president, where there is no Mnuchin to tell him, hey, maybe let's cool it off in the tariffs. The one more thing I would add here is you said, you know, maybe maybe Trump's presidency is a kind of right wing abundance. Right. And I think that's that's it's a worthy question. Right.

At a time when Donald Trump is having an entirely different experience of being president, where there is no Mnuchin to tell him, hey, maybe let's cool it off in the tariffs. The one more thing I would add here is you said, you know, maybe maybe Trump's presidency is a kind of right wing abundance. Right. And I think that's that's it's a worthy question. Right.

At a time when Donald Trump is having an entirely different experience of being president, where there is no Mnuchin to tell him, hey, maybe let's cool it off in the tariffs. The one more thing I would add here is you said, you know, maybe maybe Trump's presidency is a kind of right wing abundance. Right. And I think that's that's it's a worthy question. Right.

Is Donald Trump just doing his own version of abundance? And we should, even if we disagree with his process, ideologically sort of root for the outcomes that are that are likely under it. Here's why I don't think so. Let's say that you, or just someone as a conservative, shares our view that they want housing to be abundant.

Is Donald Trump just doing his own version of abundance? And we should, even if we disagree with his process, ideologically sort of root for the outcomes that are that are likely under it. Here's why I don't think so. Let's say that you, or just someone as a conservative, shares our view that they want housing to be abundant.

Is Donald Trump just doing his own version of abundance? And we should, even if we disagree with his process, ideologically sort of root for the outcomes that are that are likely under it. Here's why I don't think so. Let's say that you, or just someone as a conservative, shares our view that they want housing to be abundant.

I think what they should really root for is to reduce the tax for building and make it easier to add housing units cheaply. Well, houses are made out of materials. Two of the most important materials in home building are soft lumber and drywall. Soft lumber we import from Canada. Drywall, one of the key ingredients, we import from Mexico.

I think what they should really root for is to reduce the tax for building and make it easier to add housing units cheaply. Well, houses are made out of materials. Two of the most important materials in home building are soft lumber and drywall. Soft lumber we import from Canada. Drywall, one of the key ingredients, we import from Mexico.

I think what they should really root for is to reduce the tax for building and make it easier to add housing units cheaply. Well, houses are made out of materials. Two of the most important materials in home building are soft lumber and drywall. Soft lumber we import from Canada. Drywall, one of the key ingredients, we import from Mexico.

One of the first things that's going to happen if you raise a 25% tariff on lumber from Canada and drywall from Mexico is that the cost of housing is going to go straight up. And this isn't my personal opinion. This was a March 7th memo sent by the National Association of Home Builders, essentially in a kind of controlled panic, saying... please don't do a tariff policy like this.

One of the first things that's going to happen if you raise a 25% tariff on lumber from Canada and drywall from Mexico is that the cost of housing is going to go straight up. And this isn't my personal opinion. This was a March 7th memo sent by the National Association of Home Builders, essentially in a kind of controlled panic, saying... please don't do a tariff policy like this.

One of the first things that's going to happen if you raise a 25% tariff on lumber from Canada and drywall from Mexico is that the cost of housing is going to go straight up. And this isn't my personal opinion. This was a March 7th memo sent by the National Association of Home Builders, essentially in a kind of controlled panic, saying... please don't do a tariff policy like this.

You're going to screw over home builders, even though ironically you, Donald Trump, were elected by Biden to Trump voters who were mad about the price of housing. So I am not in the moment optimistic that his centralizing style is going to be economically useful for Americans, whatever their interests.