Ep. 2172 - What The Hell Happened on LIBERATION DAY?!
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What happened on Liberation Day and why is it significant?
Well, folks, yesterday was Liberation Day, and we are going to go through everything tariff-related you could possibly imagine. First, your reminder, we exist to cut through the noise and bring you the unpleasant facts that others will not. Uncensored ad-free daily shows, investigative journalism, live chats with my producers. Breaking news first. No filter, no nonsense. The Daily Wire is where the real story lives. Go to dailywire.com slash subscribe and join the fight today. Okay, so yesterday, President Trump declared that it was, in fact, Liberation Day. He said this is our economic declaration of independence. And I want to start with his announcement yesterday. And then I want to talk about what it is that he actually announced, because the markets are getting rocked and there's a reason they are getting rocked. Here was President Trump yesterday in the Rose Garden celebrating Liberation Day. To be fair, he had warned everybody a month in advance that he was going to do this sort of thing. Here he was.
My fellow Americans, this is Liberation Day. Waiting for a long time. April 2nd, 2025 will forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed, and the day that we began to make America wealthy again. This is one of the most important days, in my opinion, in American history. It's our declaration of economic independence. Sounds cool.
Sounds cool. So how are we going to actually do that? Well, here's the thing. The president's vision of international trade is, I am sorry to say, mistaken. The president seems to believe that international trade is a zero-sum game. Here is the president explaining that actually the United States is a victim of everyone else when it comes to international trade over the past several decades.
Nearly a century later, in the face of unrelenting economic warfare, the United States can no longer continue with a policy of unilateral economic surrender. We cannot pay the deficits of Canada, Mexico, and so many other countries. We used to do it. We can't do it anymore. We take care of countries all over the world. We pay for their military. We pay for everything they have to pay. And then when you want to cut back a little bit, they get upset that you're not taking care of them any longer. But we have to take care of our people, and we're going to take care of our people first.
Okay, so he's actually making a separate case here, which is that people should pay their own way when it comes to their welfare and defense spending. Totally agree, 100%. That is absolutely true. Also, that has literally nothing to do with what the president of the United States did yesterday. It seems to be predicated, his giant tariff policy that he just dropped on the market unilaterally, probably unconstitutionally yesterday. And I'll get to that in a moment. It's predicated on a few false notions about the American economy. One is that the American economy has been a giant fail for the last 40 years. That is simply not true. This is a myth that is propagated by both parties. And I know it's a fun myth. It's something people like to believe is that yesterday was economically better than today.
And then you look at all the stuff around you, and you look at the phone in your pocket, and you look at the computer before you, you look at the internet, you look at the fact you can literally order any product at any time from anywhere on earth, and it arrives at your doorstep in two days at a price you can afford, and you think to yourself, would I rather live in 1980 when the only person with a cell phone was Gordon Gekko on a beach holding a shoebox to his head? When central air conditioning was kind of a rarity? When the cars, if you were lucky, had electric windows? Okay, was that like better? Were things better just on an economic level? Forget about everything else. I can make a case about the spiritual level. You can make a case about the dissolution of the family. I agree with many of those cases, but we are talking here about economics.
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