Jason Furman

So tariffs are so good.

And if they're being paid by foreign countries,

Why would we be dropping them on certain sensitive consumer goods?

But we need to drop them on everything.

And then, as you said, they're not even achieving one of the goals they had, which is to add manufacturing jobs.

We've lost jobs almost every month since Liberation Day.

And in part, that's because we're raising the price of steel.

That's not good for American automakers.

You know, here I actually don't mind so much.

The dollar has still been at the strong end of its historical range for the last couple of years.

Even with the weakening we've seen, it's still on the relatively strong side.

So I don't think it's so bad.

I do think it actually might be politically harmful to him.

So I think he might be making a political mistake because a weaker dollar makes it more expensive for Americans to buy stuff.

Historically, look at other countries, governments can even be toppled when their currency weakens too much.

But for the long run rebalancing of the US economy, it may not be so bad.

So I'm happy about the Warsh pick.

He should be confirmed.

He's smart.

I believe he'll be independent.