Trump Won’t Recover From Disastrous Tariffs + Will Congress Take Tariff Power From Trump?
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What political realignment is America undergoing?
But that Omaha district has gone blue, I think, the last... A few times. So we've had these split decisions out of there, but they have voted simultaneously for president and they've elected Don Bacon, a Republican, to Congress. And I really think it does sort of tell you a lot about Omaha in general and sort of where, you know, where there's different wings, if you will, of the Republican Party these days, because I think when you see a guy like Don Bacon get elected and. and you see Democrats carried in a presidential, I think it tells you what type of Republicanism they don't like, because this is a Republican leaning area in general. This is certainly Omaha itself is a 50-50 place. The city for years, they've gone back and forth, Democratic mayors, Republican mayors. It's always been a swing area of the state, but generally it leans pretty Republican.
But I think what you see here is what I find interesting here is something that I think You know, this this fight that we're going to see inside the Republican Party over tariffs and this fight that I think we're now, which may end up accelerating a larger fight about national security, because in many ways, Donald Trump, I think whether he means to or not, certainly is the leader of a new version of the Republican Party or arguably an older version of a Republican Party. That goes that dates itself back to the late 19th century, early 20th century. And back then, the Republican Party was a very protectionist party. Of course, the party of being the party of business, it actually was very logical why back then business wanted protection. because back then we didn't have air cargo travel.
Back then we had, you know, so American businesses wanted to be one of their businesses protected, if you would, from outside influence, outside exports. And so it made a lot of sense that the Republican Party, being the party of business back then, would be in favor of tariffs back then. Ironically, I think today's business, while they want to align with the Republican Party that was sort of from the Eisenhower to Romney era, one for low regulation and low taxes, is not advocating these tariffs. There's a couple of industries that are, but not many. And I think there's a real question now. And this is something I've been thinking about quite a bit and about our polarization. Right.
How do tariffs compare to Trump's Afghanistan withdrawal?
We're we've been in the middle of a political realignment now, arguably for 20 years. I mean, in some ways, it's ever since the end of the Cold War. We've begun this sort of what I would call this this realignment and this splintering of coalitions that were very steady. during the Cold War. But if you think about this sort of calendar of events, right, the wall falls in 89 and the first evidence of the Trump era shows up in 1992 in the form of Pat Buchanan, a conservative pundit back in the day, worked for Richard Nixon, was a speechwriter. He challenged the sitting president back then, a Republican, George H.W. Bush. And challenged him in for the nomination. He didn't get very close, but he found a following. He had a and it was a very when you hear if you go back and listen to a Pat Buchanan stump speech in Manchester, New Hampshire in 1991 and 1992, it'll sound very familiar. It's tough on immigration. It is definitely articulating beliefs and a bit of retreat.
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Chapters
8 chapters
1
What political realignment is America undergoing?
0:44–3:05
2
How do tariffs compare to Trump's Afghanistan withdrawal?
3:05–5:51
3
What impact will tariffs have on the economy?
5:51–8:30
4
Will Congress take tariff power back from Trump?
8:30–10:19
5
What moral clarity is needed in the Russia-Ukraine war?
10:19–14:59
6
Could the Republican Party fracture over tariffs?
14:59–37:05
7
How do tariffs affect Nebraska's economy?
37:05–48:38
8
What is the role of Congress in tariff legislation?
48:38–1:03:34
Speakers
2 identifiedMore from The Chuck ToddCast
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