What Tariffs Mean + DOGE in the Ivy League
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Hey everybody, Tanner Charlie, Kirk Show. We take the 30,000 foot view of how Bill Clinton started this trade debacle. One of my favorite interviews we've done in a while with Alex Shea, where he asked the questions at Brown University. He tries to doge his university. It is an amazing conversation with Alex Shea. from Brown University. And if you send your kid to one of these Ivies, I'll tell you what, it's really something else. Email us as always, freedom at charliekirk.com. That is freedom at charliekirk.com. Become a member today, members.charliekirk.com. That is members.charliekirk.com. You can email me, as always, freedom at charliekirk.com, and get involved with the most important organization in the country, Turning Point USA, at tpusa.com. That is tpusa.com. Buckle up, everybody. Here we go. Charlie, what you've done is incredible here.
Maybe Charlie Kirk is on the college campus.
I want you to know we are lucky to have Charlie Kirk.
Charlie Kirk's running the White House, folks. I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA.
We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. Noble Gold Investments is the official gold sponsor of The Charlie Kirk Show, a company that specializes in gold IRAs and physical delivery of precious metals. Learn how you could protect your wealth with Noble Gold Investments at noblegoldinvestments.com. That is noblegoldinvestments.com. It's where I buy all of my gold. Go to noblegoldinvestments.com. News is moving so quickly. It is moving at such an accelerated pace right now that it is difficult to keep up. It is moving so quick we have to basically have five different chats open of different responses from foreign nations regarding tariff threats, regarding reciprocity. So there is a lot going on here.
But instead of going into all the details, because that's just going to change by every five minutes, I think we need to take a step back and reset the foundational framework to reset a 30,000-foot view of exactly what's going on here. President Donald Trump has been railing against bad trade deals for the last 30 or 40 years. President Donald Trump, as a businessman, identified trade deficits. And the way trade is supposed to be constituted is we do what we do best and you do what you do best, and we will barter. By doing so, you will make us wealthier, and we will trade, and we will both be able to have a flourishing future. What ended up happening in the 1990s and early 2000s, in the 1990s, there were three critical mistakes made by Bill Clinton.
The entrance of China into the World Trade Organization, The NAFTA and also the repeal of the idea of investment bank and commercial banks. That's a whole separate issue for another time. But the conflation of investment and commercial banks allowed the cheap flow of money to go into the capital markets in a way that that specific deregulation, I think, actually led us to the 2008 financial crisis and the lords of easy money leading us closer and closer to fiscal and financial apocalypse. Now, free trade did make the stock market go up. Nobody is doubting that. Unlimited, unfettered free trade did make the 10% do very well. I am part of the 10%. I can say this as somebody who is part of the evil 10% of the country. When you are on the upper part of the socioeconomic ladder, specifically, if you do work that does not involve your hands... but only involves your brain. That does not involve your body, but only involves your brain.
Free trade is traditionally a great idea because we became an information economy and a consumer economy and not an industrial one. We thought because we were entering into a technological revolution, because that we were entering into a brave new world of unfettered, unapologetic free trade, that we would no longer need to make stuff. In fact, that is what the third world does.
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