Stu Burguiere
๐ค SpeakerAppearances Over Time
Podcast Appearances
I don't like I don't even like Paris. No, he doesn't like tariffs. I don't like he didn't like it. However, I've been relatively muted in my criticism of of these tariffs. And what he just said is part of the reason why. These tariffs, which come along with these tariffs, an economic projection of revenue, right? As he said, like, oh, we're going to bring in $500 billion in the next 10 years.
Now, is that really going to happen? I don't know. What tends to happen if you have a long-term tariff is that companies that don't want to deal with that tariff move to other places, and there are cheaper places than China to make these goods, and they wind up coming shipped in from a different country, and you're chasing the tariffs. There's all sorts of issues with those projections.
Now, is that really going to happen? I don't know. What tends to happen if you have a long-term tariff is that companies that don't want to deal with that tariff move to other places, and there are cheaper places than China to make these goods, and they wind up coming shipped in from a different country, and you're chasing the tariffs. There's all sorts of issues with those projections.
Now, is that really going to happen? I don't know. What tends to happen if you have a long-term tariff is that companies that don't want to deal with that tariff move to other places, and there are cheaper places than China to make these goods, and they wind up coming shipped in from a different country, and you're chasing the tariffs. There's all sorts of issues with those projections.
However, what you need in a reconciliation bill to pass a reconciliation bill is a balanced budget on the bill and actually lowering the deficit.
However, what you need in a reconciliation bill to pass a reconciliation bill is a balanced budget on the bill and actually lowering the deficit.
However, what you need in a reconciliation bill to pass a reconciliation bill is a balanced budget on the bill and actually lowering the deficit.
So if he can put in that bill and have economic projections that help that bill get across the finish line, what we might see is actual legitimate tax cuts sort of based on, I would say, a gimmicky approach, but one that may very well be needed, especially when you don't get the scoring that you want. So I do think that is part of the strategy here and why he's launched those so early.
So if he can put in that bill and have economic projections that help that bill get across the finish line, what we might see is actual legitimate tax cuts sort of based on, I would say, a gimmicky approach, but one that may very well be needed, especially when you don't get the scoring that you want. So I do think that is part of the strategy here and why he's launched those so early.
So if he can put in that bill and have economic projections that help that bill get across the finish line, what we might see is actual legitimate tax cuts sort of based on, I would say, a gimmicky approach, but one that may very well be needed, especially when you don't get the scoring that you want. So I do think that is part of the strategy here and why he's launched those so early.
without even at times giving these countries a chance to talk, right? Like, I mean, he's kind of fired these things out there really quickly and, And he just admitted it. But my suspicion the entire time was part of this is going to be scoring for this reconciliation bill that's right around the corner. Yes. Which needs to get done relatively quickly. So I do think that's part of it.
without even at times giving these countries a chance to talk, right? Like, I mean, he's kind of fired these things out there really quickly and, And he just admitted it. But my suspicion the entire time was part of this is going to be scoring for this reconciliation bill that's right around the corner. Yes. Which needs to get done relatively quickly. So I do think that's part of it.
without even at times giving these countries a chance to talk, right? Like, I mean, he's kind of fired these things out there really quickly and, And he just admitted it. But my suspicion the entire time was part of this is going to be scoring for this reconciliation bill that's right around the corner. Yes. Which needs to get done relatively quickly. So I do think that's part of it.
And I understand that strategy.
And I understand that strategy.
And I understand that strategy.
I don't know why it's higher than zero. No, no, no. I'd like it to be zero.
I don't know why it's higher than zero. No, no, no. I'd like it to be zero.
I don't know why it's higher than zero. No, no, no. I'd like it to be zero.
15%?