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On with Kara Swisher Podcast
Why Trump’s Economic Illiteracy Might *Not* Tank the Economy

Why Trump’s Economic Illiteracy Might Not Tank the Economy

On with Kara Swisher vor 1 Jahr

0:00

56:33

Tariffs are up, but inflation is still holding steady. Job numbers
are down, but the stock market is booming. Meanwhile, President
Trump fired the head of the Bureau of Labor Statistics, and he’s
pushing Federal Reserve Chair Jerome Powell to cut interest rates
(he’s also calling for Fed governor Lisa Cook to resign, but that
began after our taping). MSNBC economic analyst Steven Rattner
joins Kara to break down the contradictory and confusing economic
news of late. Rattner is the chairman and CEO of Willett Advisors,
the investment arm for former New York City Mayor Michael
Bloomberg’s personal and philanthropic assets, and a contributing
opinion writer for The New York Times. He and Kara discuss the
impact of Trump’s “economic illiteracy” on the business world; why
major price hikes haven’t materialized yet and whether Trump’s
tariffs could lead to inflation; why there’s such a disconnect
between the economy and the stock market; and whether the AI boom’s
potential to increase productivity will keep the economy humming
during Trump 2.0. Questions? Comments? Email us at on@voxmedia.com
or find us on YouTube, Instagram, TikTok, and Bluesky
@onwithkaraswisher. Learn more about your ad choices. Visit
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