Episode 2798 CWSA 04/03/25
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What is the highlight of human civilization according to Scott Adams?
good morning everybody and welcome to the highlight of human civilization it's called coffee with scott adams and it's the best time you'll ever have in your life but if you think you can take it up to a level that nobody's ever seen before in their entire human existence all you need for that There's a cup or a mug or a glass, a tank or chalice, a stein, a canteen jug, a flask, a vessel of any kind. Fill it with your favorite liquid. I like coffee. And join me now for the unparalleled pleasure of the dopamine of the day. The thing that makes everything better except maybe the tariffs. It's called the simultaneous sip and it happens now. Go. That was terrific. Did he get it? It was terrific. I'm so proud of that. So proud. All right. Should we talk about all the things? I guess we should just start with tariffs. Hey, what do you think about that? So president Trump in a speech in the rose garden lay down his tariff situation. Um, and, uh, it's not exactly reciprocal, but there were like different amounts for each country.
What are President Trump's tariffs about?
Now, if you wondered what the formula was or what the thinking was for why each country had a different tariff, and it wasn't just matching the tariffs. Um, let me explain the math to you. I mean, it's very simple. Uh, you take the, uh, the interest rate and you divide it by the gross national product of each country. multiplied by the number of imports, divided by the current tariff, and then I believe you add two, you carry the three, and then you add some random numbers to it, and then you put it on a chart. Now, if you've got a better idea of how the president came up with those numbers, I'm all ears. But I'm going to put a flag in the mountain. I'm going to stick a flag somewhere, which is I think it's now officially foolish for me to believe any numbers coming out of the government. I'm not going to believe any of the tariff numbers at all. I'm not going to believe any of the economic numbers. I'm not going to believe any of the Doge claims, although I think everything's working directionally correctly.
So I'm going to go with my normal theme that Trump might be full of hyperbole, he's always negotiating, and things are working in the right direction. But if you think the exact numbers are telling you something, Maybe yes, maybe no. The only thing I know is I can't check them, and the Democrats have a pushback on pretty much all of them. So if you didn't know that the Democrats have a pushback that you wouldn't know if it sounds good or not, you would hear it and go, huh, I know that might be true. But then again... It might not be true because it's the Democrats. So, no, I'm not going to trust Trump on any numbers. That's not a good play. I'm going to trust Trump that he's doing what he believes and the other smart people around him, like Scott Besant. He's doing what the smart people in his administration would agree on. is very good for America in the long run. And there might be some pain in the short run. So to me, directionally, I think we're fine. And we'll see how it all shakes out.
How do tariffs work according to Scott Adams?
The chart he had, that Trump had, that showed what the tariffs were from the other countries and what ours are, was very persuasive. very persuasive, but not necessarily very accurate or comprehensible, but very persuasive. I liked, at least the chart people did a great job. So I saw lots of theories about how the numbers were derived and where they came from. I don't believe any anything about the numbers. I don't believe the actual numbers. I don't believe that they're going to stay the same. I don't believe that we know accurately what the other countries were charging us because I think they might have included tariffs plus VAT taxes plus any kind of duties. So it seemed like it was a grab bag of concepts and we're not going to really understand it.
But it certainly got everybody's attention, didn't it? And we're already seeing a few countries who are making moves to negotiate. For example... So I think Vietnam and Canada has made a move, at least part of Canada, not the whole country. I think Mexico has responded that they won't try to match it. So countries are already responding, which is what we wanted. And I saw a post by Bill Ackman.
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Chapters
8 chapters
1
What is the highlight of human civilization according to Scott Adams?
0:05–1:31
2
What are President Trump's tariffs about?
1:31–4:14
3
How do tariffs work according to Scott Adams?
4:14–6:20
4
What is the Democrats' stance on Trump's numbers?
6:20–9:42
5
What is Bill Ackman's view on negotiation strategies?
9:42–16:28
6
How do media portrayals affect public perception?
16:28–30:12
7
What is the real threat of government debt?
30:12–32:11
8
What is the overall reception of Trump's tariff strategy?
32:11–1:05:25
Speakers
2 identifiedMore from Real Coffee with Scott Adams
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The Scott Adams School - 09/07/26 Labor Day With The Home Team
The Scott Adams School - 09/04/26 FRI-YAY! The Home Team
The Scott Adams School - 09/03/26 Steve Cortes returns! The Basilica Or the Mosque...Documentary