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Dennis Donovan

(30,889 posts)
Wed Apr 23, 2025, 07:53 AM Apr 23

Greg Sargent Podcast: "Madness": Trump Tariff Lunacy Suddenly Darkens Amid Brutal Poll Drop [View all]

Greg Sargent Podcast - “Madness”: Trump Tariff Lunacy Suddenly Darkens Amid Brutal Poll Drop

As the IMF downgrades growth projections and Trump’s approval on the economy slides, economic commentator Heather Long explains why the future looks so grim—with no easy exit for the president.

The Daily Blast with Greg Sargent
April 23, 2025

On Tuesday, largely due to President Trump’s tariffs, the International Monetary Fund downgraded its projections for economic growth in a big way. Meanwhile, we’re already starting to see layoffs. All that comes as new polls show Trump cratering on the economy. Trump is now angrily shifting blame to Federal Reserve Chair Jerome Powell for the tariff fallout. But those attacks are only rattling markets and investors more, backfiring on Trump. We talked to one of the best economic commentators out there, Washington Post columnist Heather Long, author of a new piece on how Trump’s “tariff madness” is likely to drive us into a recession. She explains why the prognosis is so grim—and why Trump is in a bind with no easy way out. Listen to this episode here. A transcript is here.
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