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Ryan Bridge: Once again Trump rains on the parade of our economic recovery · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: For the second year in a row. Now Donald Trump
• 0:02
  Speaker 1: has basically rained on the parade that is our economic recovery.
• 0:06
  Speaker 1: The economists this week of being busy beavering away updating
• 0:10
  Speaker 1: their economic forecast, so we can kiss goodbye to up
• 0:13
  Speaker 1: to a third of our growth for the year. What
• 0:15
  Speaker 1: was about three percent is now about two percent. It's
• 0:18
  Speaker 1: groundhog day. This is exactly what happened last year with
• 0:21
  Speaker 1: the tariffs. Remember, of course you do. The recovery begins
• 0:24
  Speaker 1: in earnest there are signs of life, and then Trump
• 0:27
  Speaker 1: posts on truth social and the world comes crashing down
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  Speaker 1: around him. If Karmala Harris was in the White House
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  Speaker 1: controversial hot take. If Krmala Harris was in the White House,
• 0:36
  Speaker 1: our economy would probably be up on the foils by now.
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  Speaker 1: Recession would be a distant memory. Life probably would be
• 0:42
  Speaker 1: better for your average Kiwi. Now, a Harris presidency could
• 0:46
  Speaker 1: arguably have been much worse for Americans and their fortunes,
• 0:50
  Speaker 1: but who cares. We live here. The question is whether
• 0:53
  Speaker 1: the midterm elections are actually going to change anything for
• 0:56
  Speaker 1: Trump and the and by extension US, and the answer is, basically,
• 1:00
  Speaker 1: even if the Republicans lose the midterms, Trump still has
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  Speaker 1: the power to start wars and do tariffs. The courts
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  Speaker 1: have slapped down some of them, but he's found other
• 1:09
  Speaker 1: ways of doing things, other ways around it. Trump is
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  Speaker 1: the commander in chief and doesn't need Congress to blow
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  Speaker 1: stuff up. He didn't with Iran. No sign off for
• 1:18
  Speaker 1: the blockade in Venezuela. Same goes for deposing Maduro threatening Greenland.
• 1:23
  Speaker 1: Under the US Constitution, the military reports to the president.
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  Speaker 1: As for the tariffs, you just find some national security
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  Speaker 1: reasons to impose them. There's an unfair trade imbalance, there's
• 1:34
  Speaker 1: offenanal crisis. Whatever, you're in business. So for those hoping
• 1:39
  Speaker 1: that November's midterm elections would put Trump back in a
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  Speaker 1: box and keep a lid on his tactics, you're out
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  Speaker 1: of luck. Sure, hostile Congress has more power. They can
• 1:48
  Speaker 1: withhold funding for wars, they can create legal problems for tariffs,
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  Speaker 1: but there is no silver bullet to the executive powers
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  Speaker 1: which Trump is using and we are paying for. He's
• 1:59
  Speaker 1: two from two years in rocking the boat, and there's
• 2:02
  Speaker 1: no real reason to think the next two will be
• 2:04
  Speaker 1: much different. For more from early edition with Ryan Bridge,
• 2:08
  Speaker 1: listen live to news talks, it'd be from five am weekdays,
• 2:12
  Speaker 1: or follow the podcast on iHeartRadio.