MeidasTouch host Ben Meiselas reports on Trump plunging the country into economic calamity and Meiselas interviews Democratic Congressman Jared Moskowitz on how Trump’s policies have impacted his district made up of alot of retirement age people. 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
Chapter 1: What caused the recent market crash?
The markets absolutely crashed on Friday. Once again, the Dow was down 2200 points, the S&P down 322 points, the Nasdaq down 962 points. And of course, this follows another horrific day. On Thursday, Donald Trump sent his
uh propagandist from the his regime out on fox to give these very bizarre statements after the fact like his labor secretary lori chavez dreamer former congresswoman she says what the goal of all of this is is to try to bring the kind of manufacturing jobs that exist in vietnam and cambodia and she says that americans are going to be working those jobs very soon here play this clip
Just to take one example, I was hearing about companies that make shirts and garments in Vietnam and Cambodia, that it's very difficult. There are certain things that we can ramp up fairly quickly, as I said a moment ago about car manufacturers and lines that they can kind of kick open fairly quickly.
But will American workers make shirts and garments for the same... Obviously, the labor cost is so much cheaper overseas in those places. So how's that going to work, Secretary?
Well, I think that that's exactly what the president talked about in the Rose Garden when he was talking to the American worker and to the people and saying, we're going to onshore repatriate some of these companies to invest in America directly so that we can build that workforce, we can retrain, we can upskill, and we can have the American worker be paying attention to what's happening on the ground.
They want to make America like Cambodia and Vietnam. That's part of the plan. Also, you see the stock ticker there showing 38,000. Just a few weeks ago, it was 44,000, 45,000, heading to 50,000. Here's, by the way, Senator Sheehy of Montana talking about, again, it's going to be a lot of pain, but it's going to teach us all to be self-sufficient.
And Americans need to learn how to become self-sufficient. We're too reliant on world economies. Here, play this clip.
How is that going to impact our access to those things, Senator?
It's certainly going to have a negative impact shortly, but the reality is, Martha, this is because generations of us incentivizing companies to invest elsewhere. And that's exactly what the president is trying to do, is bring critical industries back to America.
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Chapter 2: How are Trump’s tariffs affecting American workers?
We're gonna crash the stock market. And then Trump comes out and tweets and says, oh, maybe Powell should lower the interest rates. What are you doing? Are you crashing the stock market so that you can get interest rates lower? Powell came out today and said that that's not going to happen.
And you all know, we all know that if Joe Biden did this or made any policy change in which we lost 34,000 points, Okay, and almost 4,000 points in a two-day period. We've gone from 44,000 to 38,000 since Trump took office. They'd be like, it's because Joe Biden's in the basement. It's because he's with Hunter.
There wouldn't be enough airtime in the day for them to fill, but yet most Republicans are silent. Trump's a genius. Right. They say I don't remember Trump ever talking about crashing the stock market while he was on stage in between the Hannibal Lecter talk. I don't I don't remember. I mean, I mean, are you not entertained? I mean, by the way, this this is not easy to do.
I mean, I give Trump credit. I mean, he literally killed the economy, which he told everyone was terrible. OK, and some people believe that. But the economy wasn't terrible. Well, it is now. So he's made that he's made that happen. I mean, he literally wiped away trillions of dollars from the U.S. economy. We can't even make that up in the tariffs. And so, look, he tariffed the penguins.
He tariffed Vietnam, Madagascar. OK, I mean, I don't know what the plan is. Is the is the plan to get people who live in Vietnam to move to Greenland to make the shirts there? Nobody really knows what's going on. And Ben, let's not forget, let's not forget. Can you imagine if Joe Biden was playing golf for two days while the stock market was cratering?
I mean, the articles of impeachment that they would be filing, 50 members. OK, they would have tried to impeach his dog. OK, you know, based on what was going on. But this is the time we live in. Everything Trump does is good. Even when we're staring in the face, it reminds me of that Leader DiCaprio movie, Don't Look Up. That's that's where the Republican Party is right now. Don't look up.
And I know there are people out there who are like, this is good. The Republicans are going to get wiped out in the midterm. And don't get me wrong. I want to win the midterm. And we need breaks on President Trump. But a lot of people are going to get hurt. Businesses, people, seniors, my community, that this is their nest egg. They don't have 10 years to recover. You know, this is all very bad.
You know, when you talk about Trump golfing while the economy crashes, it's almost like it's like those old family guy things where you keep seeing more and it just kind of gets worse and worse.
And then like it never stops getting worse for like you mean when Peter like runs, he goes to the Hinden Peter and he gets in and then it just crashes.
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