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Kenneth Raposa

👤 Person
399 total appearances

Appearances Over Time

Podcast Appearances

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

Okay, well, let's look at it like this. Do you remember the China tariffs when Trump was first in office? You remember those, obviously. And you don't remember that... Yeah, that really meets a higher cost for you. We all heard about inflation in 2021 and 2022, which was because of COVID and the lockdowns and money printing, right?

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

Okay, well, let's look at it like this. Do you remember the China tariffs when Trump was first in office? You remember those, obviously. And you don't remember that... Yeah, that really meets a higher cost for you. We all heard about inflation in 2021 and 2022, which was because of COVID and the lockdowns and money printing, right?

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

Okay, well, let's look at it like this. Do you remember the China tariffs when Trump was first in office? You remember those, obviously. And you don't remember that... Yeah, that really meets a higher cost for you. We all heard about inflation in 2021 and 2022, which was because of COVID and the lockdowns and money printing, right?

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

So your insurance went up, your health insurance went up, your table bill went up, your food costs went up. None of these eggs, for example, went up. We all heard about that. So many things that went up that drove inflation, gasoline, these were not things that we import.

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

So your insurance went up, your health insurance went up, your table bill went up, your food costs went up. None of these eggs, for example, went up. We all heard about that. So many things that went up that drove inflation, gasoline, these were not things that we import.

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

So your insurance went up, your health insurance went up, your table bill went up, your food costs went up. None of these eggs, for example, went up. We all heard about that. So many things that went up that drove inflation, gasoline, these were not things that we import.

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

it's certainly not things that we import from china and china was the main main source of our uh uh tariffs in 2018 and of course they were ascended during the biden presidency as well so tariffs against china our number one trade partner did not lead to inflation okay not not measurable and either janet and even janet yellen our president secretary before our new one scott the zen said the same thing it's not measurable now

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

it's certainly not things that we import from china and china was the main main source of our uh uh tariffs in 2018 and of course they were ascended during the biden presidency as well so tariffs against china our number one trade partner did not lead to inflation okay not not measurable and either janet and even janet yellen our president secretary before our new one scott the zen said the same thing it's not measurable now

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

it's certainly not things that we import from china and china was the main main source of our uh uh tariffs in 2018 and of course they were ascended during the biden presidency as well so tariffs against china our number one trade partner did not lead to inflation okay not not measurable and either janet and even janet yellen our president secretary before our new one scott the zen said the same thing it's not measurable now

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

Recently, the Boston Federal Reserve came up with a report, and the report was, let's pretend there's going to be a 25% tariff on Mexico and Canada. Let's pretend there's going to be a 60% tariff on China. I think if I remember off the top of my head, it was a one-time increase of the inflation rate of 0.8%. percentage point. So what does that mean?

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

Recently, the Boston Federal Reserve came up with a report, and the report was, let's pretend there's going to be a 25% tariff on Mexico and Canada. Let's pretend there's going to be a 60% tariff on China. I think if I remember off the top of my head, it was a one-time increase of the inflation rate of 0.8%. percentage point. So what does that mean?

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

Recently, the Boston Federal Reserve came up with a report, and the report was, let's pretend there's going to be a 25% tariff on Mexico and Canada. Let's pretend there's going to be a 60% tariff on China. I think if I remember off the top of my head, it was a one-time increase of the inflation rate of 0.8%. percentage point. So what does that mean?

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

That would be a one-time thing. Now, we can argue, oh, no inflation is good. Okay, I get it. Life is very complicated. But what if I told you that your inflation is higher, but your income is higher, right? You're making more money. You're now working. They're now hiring more people at General Motors. People now have the economy better.

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

That would be a one-time thing. Now, we can argue, oh, no inflation is good. Okay, I get it. Life is very complicated. But what if I told you that your inflation is higher, but your income is higher, right? You're making more money. You're now working. They're now hiring more people at General Motors. People now have the economy better.

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

That would be a one-time thing. Now, we can argue, oh, no inflation is good. Okay, I get it. Life is very complicated. But what if I told you that your inflation is higher, but your income is higher, right? You're making more money. You're now working. They're now hiring more people at General Motors. People now have the economy better.

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

There's more people producing and making things, and I think rather than working part-time jobs in retail and in travel and tourism. There's always a payoff, right? We can't sit back and not be active. We can't be inactive because we're afraid of something happening. That's not what leadership is.

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

There's more people producing and making things, and I think rather than working part-time jobs in retail and in travel and tourism. There's always a payoff, right? We can't sit back and not be active. We can't be inactive because we're afraid of something happening. That's not what leadership is.

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

There's more people producing and making things, and I think rather than working part-time jobs in retail and in travel and tourism. There's always a payoff, right? We can't sit back and not be active. We can't be inactive because we're afraid of something happening. That's not what leadership is.

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

You can't be afraid if you take an action that you're going to break something and something's not going to go right. If something does not go right or goes terribly wrong, you know, tariffs are not permanent. You could remove them, right?

The President's Daily Brief
PDB Situation Report | February 15th, 2025: Trump's Crackdown Triggers Cartel Retaliation & Global Tariff Fight

You can't be afraid if you take an action that you're going to break something and something's not going to go right. If something does not go right or goes terribly wrong, you know, tariffs are not permanent. You could remove them, right?