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Inflation fears from Trump tariffs, Mexican president crushes him
The David Pakman Show - November 27, 2024
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Mexican President CRUSHES, THREATENS TRUMP in brutal letter
Mexican President Claudia Sheinbaum sharply rebutted Donald Trump’s recent tariff declarations against Mexico, Canada, and China. Her letter refutes Trump’s claims with U.S. Customs data showing a 75% drop in migrant crossings and highlights that 70% of illegal firearms in Mexico come from the U.S. She warns that retaliatory tariffs will harm consumers, businesses, and interconnected U.S.-Mexico manufacturing supply chains. Sheinbaum emphasizes the broader economic damage of trade wars, countering Trump’s portrayal of tariffs as toughness.
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People have NO IDEA what Trump's about to do to them
A CBS News/YouGov poll highlights a contradiction: 79% of Americans prioritize lowering prices, but 52% support tariffs, even though 59% recognize tariffs increase costs. Tariffs function as taxes on consumers, with past examples showing price hikes during their implementation. This disconnect reflects widespread misinformation and limited economic understanding, raising concerns about inflation and wage stagnation under similar policies. The findings underscore the challenges of aligning public opinion with economic realities.
From yesterday’s show:
HE GOT AWAY WITH IT: Jack Smith drops ALL CHARGES against Trump
Following Trump’s election victory, federal charges against him, including the 2020 election interference and classified documents cases, have been dismissed, citing a DOJ tradition against prosecuting sitting presidents. Critics argue this exposes flaws in the justice system, where delays and immunity shield Trump despite extensive evidence. Judge Aileen Cannon dismissed one case over procedural concerns, and Trump has promised pardons for January 6 rioters, undermining accountability even further.
From yesterday’s show:
Trump TRYING to DESTROY the economy before he's sworn in
Donald Trump is apparently working to sabotage the economy before Joe Biden leaves office, aiming to damage Biden’s economic record and lower the baseline for his own presidency. By destabilizing markets with extreme tariff proposals, Trump can shift blame to Biden for the fallout while setting himself up to claim credit for any recovery. This tactic exploits the public’s focus on short-term conditions, with right-wing media amplifying his narrative. Meanwhile, working-class families and businesses bear the brunt of the harm, while Trump and his allies benefit politically.
More on the show:
-- Trump-friendly CNBC host Joe Kernen criticizes Trump's tariff plan
-- Trump loves to brand himself as the ultimate winner, but his cabinet is full of people who have lost elections
-- Part two of the deep dive into Donald Trump's contradictions over the years
-- Moms of America gives Trump a "Man of the Century" award
-- The Friday Feedback segment
-- On the Bonus Show: Kamala planning a comeback, and much more...
-- Become a Member: https://davidpakman.com/membership
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