MeidasTouch host Ben Meiselas interviews California Governor Gavin Newsom on Trump crashing the economy and more. Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices
Full Episode
I'm joined by California Governor Gavin Newsom. Governor, the markets are crashing right now. The last I checked, and I don't like to check, the S&P 500 down 4.4%, the NASDAQ down 5.6%, the Dow is down 3.6%, and we also received news this morning that the U.S. announced job cuts totaled 275,000 in March. a record high for the month of March.
Now, Governor, we're going to talk a little bit about the podcast. I've got some questions there, but we got to talk about this breaking news and your response to it.
look i mean i i represent a state the size of 21 state populations combined the fifth largest economy in the world and uh we have a break the glass moment we have to update all our economic forecasts our inflationary forecasts our unemployment forecasts our budget forecast because i represent the largest manufacturing state in america i represent a state that's more impacted
because of direct trade from China and Mexico and Canada than any other state. And it's a consequence. The impacts are extraordinary. But it's not about California, per se. It's about all of us. It's about the global order. It's about our alliances. It's about our reputation, truth, trust. It's about stability. It's about the world we've come to
to know and some of us revere and love the country, all of that now at risk because of the recklessness, and there's no other way to describe it, of one individual, the president of the United States.
You know, what makes this worse, if it could get worse, is that it's a self-inflicted
recession i mean we all knew what happened with smoot holly in the 1930s we know that if you impose these types of tariffs it's going to have the consequences that we are seeing now so with all of the info out there with all of the data that's out there how could it be that this is how do you how do americans process this moment governor
Well, it's about ideological, you know, it's an ideological endeavor. This, you know, Donald Trump, it's interesting. It's the one thing he's been consistent about. This is a former Democrat who was a pro-choice Democrat who contributed to Kamala Harris's campaign for attorney general in California.
And Donald Trump, though, has been consistent for decades and decades on the issue of tariffs and the fact that he believes that other countries have ripped us off. So in every respect, this is shocking, yes, because of the outsized consequences, but not surprising as it relates to the deeper issue at hand. It is, you know, how do we unwind this and how?
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