Latest / Uncensored Objection / [Podcast] 10 Big Lies from Trump’s “Liberation Day” Speech — And the Facts That Expose Them

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[Podcast] 10 Big Lies from Trump’s “Liberation Day” Speech — And the Facts That Expose Them · Uncensored Objection

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  You're joining us for another deep dive where we really try to
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  get under the hood
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  SPEAKER_00: of the information shaping our world.
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  SPEAKER_00: That's right.
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  Today,
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  we're looking at a pretty sharp analysis of some breaking
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  political news.
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  SPEAKER_00: It's focused on President Trump's liberation tariff speech,
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  SPEAKER_00: the one he gave just yesterday,
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  SPEAKER_00: April 2nd,
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  SPEAKER_00: 2025.
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  SPEAKER_00: Yeah, a big one.
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  And our guide here is a really compelling article from attorney
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  Mitch Jackson.
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  SPEAKER_00: It's on his uncensored objection substack.
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  SPEAKER_00: It really pulls back the curtain on some key claims from that speech.
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  SPEAKER_01: It definitely does.
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  SPEAKER_00: So our aim is to get past the headlines,
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  SPEAKER_00: you know,
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  SPEAKER_00: understand what's actually being proposed and what the facts,
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  SPEAKER_00: according to this article,
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  SPEAKER_00: really suggest.
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  SPEAKER_01: Exactly.
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  SPEAKER_01: The article zeros in on 10 specific points from the president's speech.
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  SPEAKER_01: And we're going to try and unpack each one.
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  SPEAKER_01: Perfect.
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  SPEAKER_00: Perfect.
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  SPEAKER_00: So this speech, it outlined a very particular economic vision, right?
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  SPEAKER_00: Heavily leaning on tariffs.
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  SPEAKER_01: Very heavily.
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  And what's great about Mitch Jackson's piece is it doesn't just
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  like repeat the claims.
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  SPEAKER_01: It digs into the facts behind them.
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  SPEAKER_00: So we'll walk through that.
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  SPEAKER_00: Look at what Trump said and then what the evidence in the article shows.
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  SPEAKER_00: It's about getting a clearer picture.
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  SPEAKER_01: Get more informed perspective.
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  SPEAKER_01: Yeah.
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  SPEAKER_00: OK.
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  SPEAKER_00: Let's dive straight in.
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  SPEAKER_00: First big claim.
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  Trump said these tariffs would bring in trillions and trillions
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  of dollars enough
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  SPEAKER_00: for huge tax cuts and paying down the national debt very quickly.
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  SPEAKER_00: Big promise.
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  SPEAKER_01: Huge promise.
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  SPEAKER_01: But the article immediately brings some numbers into it.
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  SPEAKER_01: OK.
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  SPEAKER_01: It points back to fiscal year 2019 when Trump had tariffs before.
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  SPEAKER_01: The total collected about seventy two billion dollars.
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  SPEAKER_00: Yeah.
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  SPEAKER_01: That's billion with a B.
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  SPEAKER_00: Right.
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  SPEAKER_00: Not trillions.
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  SPEAKER_00: A massive difference.
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  SPEAKER_01: Of a colossal gap.
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  SPEAKER_01: The idea of trillions just seems, well, way off based on that history.
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  SPEAKER_00: And the article even does a quick calculation, doesn't it?
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  SPEAKER_00: Like a hypothetical.
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  SPEAKER_01: It does.
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  SPEAKER_01: It says, okay, imagine a 10% tariff on everything the U.S.
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  SPEAKER_01: imports, around $3.5 trillion worth.
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  SPEAKER_01: And that's assuming no one avoids it, no economic slowdown.
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  SPEAKER_00: Which is a big assumption.
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  SPEAKER_01: A huge assumption.
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  SPEAKER_01: Even then, you'd maybe get $350 billion a year.
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  SPEAKER_01: Compare that to a national debt in the tens of trillions.
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  SPEAKER_01: The article uses this great analogy.
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  Trying to pay down the debt with tariffs is like trying to
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  refill Lake Mead with a garden hose.
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  SPEAKER_00: Wow.
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  SPEAKER_00: Yeah, that really paints a picture of the sheer scale difference.
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  SPEAKER_01: Exactly.
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  SPEAKER_01: The math just doesn't support the claim, according to the analysis.
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  SPEAKER_00: Okay.
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  SPEAKER_00: Claim number two.
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  Trump asserted that the Great Depression wouldn't have happened
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  if the U.S.
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  SPEAKER_00: had kept strong tariff policies back then.
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  SPEAKER_00: This feels like it goes against, well, most economic history I've read.
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  SPEAKER_01: It absolutely does.
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  The article points out the overwhelming historical view is
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  actually the opposite.
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  SPEAKER_01: Right.
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  SPEAKER_01: The Smoot-Hawley Tariff Act of 1930.
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  SPEAKER_01: It raised tariffs on thousands of goods,
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  SPEAKER_01: and it's widely seen as making the Depression worse,
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  SPEAKER_01: deeper,
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  SPEAKER_01: and longer.
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  SPEAKER_00: Because it started trade wars, right?
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  SPEAKER_00: Retaliation.
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  SPEAKER_01: Exactly.
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  SPEAKER_01: Other countries hit back with their own tariffs.
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  SPEAKER_01: International trade just collapsed.
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  SPEAKER_01: The article mentions U.S.
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  SPEAKER_01: exports dropping over 60 percent.
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  SPEAKER_00: 60 percent.
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  SPEAKER_00: That's staggering.
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  SPEAKER_01: It is.
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  SPEAKER_01: Global commerce just seized up.
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  SPEAKER_01: So the idea that tariffs would have prevented the depression.
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  SPEAKER_01: The article argues it's not just wrong.
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  SPEAKER_01: It's the direct opposite of what happened.
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  SPEAKER_01: Protectionism made things worse.
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  SPEAKER_00: A major policy mistake, basically.
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  SPEAKER_01: That's the consensus view presented in the article.
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  SPEAKER_01: Yeah.
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  SPEAKER_00: All right.
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  SPEAKER_00: Living on claim three.
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  SPEAKER_00: Trump hit hard on the trade deficit under President Biden,
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  SPEAKER_00: calling it a record one point two trillion dollars,
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  SPEAKER_00: the worst in history.
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  SPEAKER_00: How does Mitch Jackson's article handle that statistic?
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  SPEAKER_01: Well, it adds some crucial context.
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  SPEAKER_01: Yes, the deficit hit a record in dollar terms.
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  But the article ties this to the strong economic rebound after
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  the pandemic,
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  SPEAKER_01: which happened under Biden.
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  SPEAKER_00: So recovery meant more demand, which meant more imports.
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  SPEAKER_01: Pretty much.
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  As the economy got going again,
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  people and businesses bought more stuff,
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  including imports.
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  SPEAKER_01: And the article makes a key point.
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  SPEAKER_01: A trade deficit isn't always bad news.
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  SPEAKER_00: How so?
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  SPEAKER_01: It can signal a growing economy, you know.
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  SPEAKER_01: Businesses importing machinery, raw materials to expand.
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  SPEAKER_01: Plus,
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  SPEAKER_01: the article highlights Biden's efforts on supply chains,
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  SPEAKER_01: trade deals like USMCA,
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  SPEAKER_01: trying to reshore manufacturing.
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  SPEAKER_00: Like semiconductors, EVs.
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  SPEAKER_01: Exactly.
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  SPEAKER_01: The article contrasts with Trump's earlier tariffs,
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  which it argues actually increased the deficit and didn't fix
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  the imbalances.
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  So just throwing out the big deficit number without that
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  context is misleading,
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  SPEAKER_00: according to the article.
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  SPEAKER_01: That's the argument.
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  SPEAKER_01: Yes.
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  SPEAKER_01: It paints an incomplete picture.
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  SPEAKER_00: OK, the fourth claim really raised some alarm bells.
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  SPEAKER_00: Trump saying the U.S.
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  SPEAKER_00: can't produce antibiotics, totally reliant on other countries.
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  SPEAKER_00: That sounds serious.
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  SPEAKER_01: It would be, if true.
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  SPEAKER_01: But according to Jackson's analysis, it's just inaccurate.
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  SPEAKER_01: Really?
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  SPEAKER_01: Yeah, the article states clearly the U.S.
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  SPEAKER_01: does make essential antibiotics and drugs domestically.
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  SPEAKER_01: It gives examples, U.N.
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  SPEAKER_01: antibiotics in Tennessee making amoxicillin.
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  Big companies like Pfizer,
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  Merck,
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  Amnil,
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  Parr,
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  Pharmaceutical,
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  they all have U.S.
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  SPEAKER_01: manufacturing.
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  SPEAKER_00: That's good to know.
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  SPEAKER_00: The article mentions government efforts, too.
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  SPEAKER_01: It does.
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  The FDA's drug shortages database trying to keep domestic
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  production going.
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  SPEAKER_01: Things like the Inflation Reduction Act funding U.S.
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  SPEAKER_01: pharma manufacturing.
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  SPEAKER_00: So there might be supply chain issues globally,
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  SPEAKER_00: but the claim we can't produce them here is wrong.
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  SPEAKER_01: That's what the article asserts.
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  SPEAKER_01: It calls it a contradiction of the facts.
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  SPEAKER_01: Maybe an exaggeration meant to cause fear.
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  SPEAKER_00: Gotcha.
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  SPEAKER_00: OK.
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  SPEAKER_00: Claim five takes it to Canada.
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  Trump claimed Canada slaps these huge 250 percent to 300
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  percent tariffs on U.S.
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  SPEAKER_00: dairy.
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  SPEAKER_01: Yeah, those numbers sound wild.
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  SPEAKER_00: What's the reality according to the article?
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  SPEAKER_01: The article explains Canada uses something called tariff rate quotas.
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  SPEAKER_01: So lower tariffs up to a point, then much higher ones after that limit.
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  SPEAKER_00: OK, so it's more complex than just a flat, huge tariff.
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  SPEAKER_01: Right.
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  SPEAKER_01: But here's the kicker.
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  SPEAKER_01: The article really emphasizes this.
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  SPEAKER_01: Trump himself renegotiated NAFTA into the USMCA.
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  SPEAKER_00: And that deal?
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  SPEAKER_01: That deal specifically increased access for U.S.
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  SPEAKER_01: dairy farmers to the Canadian market.
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  SPEAKER_00: So wait,
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  SPEAKER_00: he's attacking a situation that his own deal,
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  SPEAKER_00: which he praised,
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  SPEAKER_00: actually improved for the U.S.
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  SPEAKER_01: That's exactly the contradiction the article points out.
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  It highlights the disconnect between the current rhetoric and
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  his own past actions on the USMCA.
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  SPEAKER_00: Wow.
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  SPEAKER_00: OK.
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  SPEAKER_00: Sixth claim.
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  SPEAKER_00: Auto tariffs.
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  SPEAKER_00: Trump said the U.S.
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  charges only 2.5 percent on foreign cars,
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  while others charge 60 percent,
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  75 percent or more.
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  SPEAKER_00: Fair comparison.
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  SPEAKER_01: Not really, according to the article.
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  It points out,
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  yes,
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  2.5 percent on cars,
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  but there's a big 25 percent tariff on imported trucks.
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  SPEAKER_01: That's a huge part of the market.
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  SPEAKER_00: Ah, the chicken tax.
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  SPEAKER_01: Right.
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  SPEAKER_01: And also,
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  SPEAKER_01: the article says,
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  SPEAKER_01: contrary to Trump's claims,
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  SPEAKER_01: some major countries like Japan,
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  SPEAKER_01: they have zero tariffs on imported cars.
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  SPEAKER_00: Zero.
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  SPEAKER_00: OK.
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  SPEAKER_00: And the idea that U.S.
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  SPEAKER_00: cars don't sell abroad because of foreign tariffs?
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  SPEAKER_01: The article pushes back on that, too.
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  SPEAKER_01: It suggests it's more about design,
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  SPEAKER_01: fuel efficiency,
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  SPEAKER_01: what local buyers actually want,
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  SPEAKER_01: not just tariffs being the main barrier.
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  SPEAKER_00: So blaming tariffs is maybe too simple.
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  SPEAKER_01: That seems to be the article's perspective.
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  SPEAKER_00: All right.
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  SPEAKER_00: Number seven, job creation.
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  Trump claimed 10,000 manufacturing jobs popped up in just a few
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  weeks because of his policies.
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  SPEAKER_00: Sounds incredibly fast.
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  SPEAKER_01: It does sound fast.
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  The article acknowledges the Number Bureau of Labor Statistics
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  did show about
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  SPEAKER_01: 10,000 new manufacturing jobs in February 2025,
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  SPEAKER_01: around the time he mentioned.
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  SPEAKER_00: OK, so the number's real.
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  SPEAKER_01: The number's real, but the article stresses context.
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  SPEAKER_01: Job creation is usually, you know, a slower burn.
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  It's influenced by lots of things over time,
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  not just brand new policies acting overnight.
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  So the article implies these jobs were probably from trends
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  already in motion,
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  SPEAKER_00: maybe policies from the Biden era even.
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  That's the suggestion that attributing it solely to very recent
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  actions is an oversimplification.
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  SPEAKER_01: The article uses another analogy.
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  SPEAKER_01: Infrastructure doesn't get built in 30 days.
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  SPEAKER_01: Big job trends don't either.
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  SPEAKER_00: Makes sense.
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  SPEAKER_00: OK, claim eight.
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  SPEAKER_00: Trump said tariffs will mean lower prices for consumers.
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  SPEAKER_00: That feels counterintuitive.
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  SPEAKER_01: It goes against basic economics.
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  SPEAKER_01: Yeah.
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  SPEAKER_01: And the article flatly rejects it.
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  SPEAKER_01: How so?
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  SPEAKER_01: It stays very clearly.
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  SPEAKER_01: Tariffs are taxes on imports.
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  SPEAKER_01: U.S.
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  SPEAKER_01: companies pay them.
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  SPEAKER_01: And then almost always they pass that cost on to us, the consumers.
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  SPEAKER_01: Prices go up.
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  SPEAKER_00: And we saw this before, right?
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  SPEAKER_00: The article mentions his earlier tariff.
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  SPEAKER_01: Exactly.
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  SPEAKER_01: It reminds us prices went up on things like washing machines,
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  SPEAKER_01: steel,
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  SPEAKER_01: aluminum back in 2018 because of his tariffs.
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  The Peterson Institute estimated it cost households over twelve
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  hundred dollars a year.
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  SPEAKER_00: So the claimed tariffs lower prices.
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  SPEAKER_00: The article calls that basically illogical.
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  Pretty much not supported by theory or past experience,
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  according to the analysis.
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  SPEAKER_00: Number nine was about inflation.
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  SPEAKER_00: Trump said it was basically zero under him, then soared under Biden.
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  SPEAKER_00: How does the article fact check that timeline?
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  SPEAKER_01: Well, it presents a different narrative based on the data.
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  It points out inflation actually came down quite a bit during
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  the later part of Biden's term.
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  SPEAKER_00: Oh, yeah.
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  SPEAKER_01: Yeah.
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  From a peak around 6.4 percent in early 2023 down to about 2.9
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  percent by late 2024.
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  SPEAKER_01: Back towards a more normal range.
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  And it acknowledges Biden inherited a really messy global
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  economy post pandemic.
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  SPEAKER_00: Right.
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  SPEAKER_00: The supply chain chaos, energy prices, all that.
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  SPEAKER_01: And what about the low inflation claim under Trump?
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  The article attributes the low inflation towards the end of
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  Trump's first term
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  SPEAKER_01: largely to the covid shutdowns demand collapse.
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  SPEAKER_01: So prices didn't rise much.
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  SPEAKER_01: It wasn't just policy.
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  So the article's point is Biden left office with inflation
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  actually under control
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  SPEAKER_00: and hovering down thanks to his policies.
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  SPEAKER_01: That's the argument presented, yes.
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  SPEAKER_01: Directly contradicting Trump's claim.
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  SPEAKER_00: Okay, finally, claim 10.
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  SPEAKER_00: Trump's vision of tariffs making America wealthy again,
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  SPEAKER_00: like before 1913,
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  SPEAKER_00: a return to some golden era.
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  SPEAKER_01: Yeah, invoking that pre-income tax era.
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  SPEAKER_01: But the article puts that in historical context.
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  SPEAKER_00: Oh.
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  Back in the 19th century,
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  sure,
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  tariffs were a main source of federal money.
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  SPEAKER_01: Mm-hmm.
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  SPEAKER_01: But the government was tiny compared to now.
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  SPEAKER_01: No Social Security, no huge military, no Medicare.
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  SPEAKER_00: Right.
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  SPEAKER_00: The government just didn't do as much.
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  SPEAKER_01: Exactly.
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  SPEAKER_01: Today.
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  The article states terrorists make up less than 2 percent of
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  federal revenue.
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  SPEAKER_00: Less than 2 percent.
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  SPEAKER_01: Yeah.
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  SPEAKER_01: So the idea they could fund today's six trillion dollar budget.
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  SPEAKER_01: Yeah.
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  SPEAKER_01: The article says the math just doesn't work.
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  SPEAKER_01: It's an outdated model for a completely different time.
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  SPEAKER_00: So wrapping this all up,
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  SPEAKER_00: we've gone through these 10 claims from Trump's speech,
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  SPEAKER_00: comparing them against Mitch Jackson's analysis.
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  SPEAKER_00: What's the big picture from the article?
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  SPEAKER_01: The big picture,
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  SPEAKER_01: according to the article,
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  SPEAKER_01: is a pattern of significant inaccuracies,
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  SPEAKER_01: misleading statements in the president's speech.
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  SPEAKER_01: Jackson basically calls it a dangerous sales pitch built on lies.
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  SPEAKER_01: Strong words.
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  SPEAKER_01: Very strong.
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  The article argues Trump's whole trade revolution idea is an
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  economic threat based
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  SPEAKER_01: on these flawed premises.
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  SPEAKER_01: The gap between the claims and the facts presented is substantial.
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  And the potential downsides highlighted higher prices,
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  trade wars,
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  global instability.
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  SPEAKER_00: Those are serious risks laid out in the article.
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  SPEAKER_01: Definitely cause for concern based on this analysis.
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  SPEAKER_01: And that's why getting this kind of fact checking out there is important.
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  SPEAKER_00: Absolutely.
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  If you,
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  the listener,
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  want to dig deeper into this,
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  we really recommend checking out the source.
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  SPEAKER_00: Go to attorney Mitch Jackson's uncensored objection substack.
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  SPEAKER_01: Yeah, the full article is there.
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  SPEAKER_01: You can read the whole analysis yourself.
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  SPEAKER_00: And while you're there,
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  SPEAKER_00: hit subscribe,
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  SPEAKER_00: you know,
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  SPEAKER_00: stay updated,
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  SPEAKER_00: share the article if you found this useful,
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  SPEAKER_00: and definitely jump into the comments,
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  SPEAKER_00: engage with the ideas.
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  SPEAKER_01: For sure.
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  SPEAKER_01: Informed discussion is crucial.
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  SPEAKER_00: Because,
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  SPEAKER_00: as the article suggests,
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  SPEAKER_00: the economic vision laid out in that speech,
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  SPEAKER_00: well,
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  SPEAKER_00: when you hold it up against the facts presented,
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  SPEAKER_00: it raises some really big questions about where things might be heading.
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  SPEAKER_01: It really does.
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  SPEAKER_01: Something we all need to keep a close eye on and think critically about.