20250730 STUDIO LYDIA ROUNDTABLE SOCIAL 2

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00:00He's not a conservative. I mean, just let's lay it out there from an economic standpoint,

00:05he is not. If you look at the type of spending that he engaged in during the latter stages of

00:11his first term, when COVID was essentially running its course, he was ramping up spending

00:17dramatically. This is a guy that believes, listen, he wants to hand out $2,000 checks,

00:22I believe, to everybody for the tariffs that have made no dent in, so that's the tariff benefit,

00:29he says he's getting. They've made no dent in the budget deficit. He isn't going to give people

00:33checks. He is a mixture. He always has been. It's why conservatives for years have been very skeptical

00:39of MAGA economics. He's been a mixture of big government, some degree of socialism,

00:46a high degree of nationalism. Listen, we can argue, is he net better for market-type people than

00:52Kamala Harris? Yes, I would say so. He's practical. He's not an ideologue.

00:57Well, he's not practical, because if he was practical, he would not have done the tariffs.

01:01Trust me on this. That was literally the worst move you could do.

01:06But he walked back. I mean, the initial proposal clearly...

01:09Okay, so he went here, and I was here.

01:11And he walked it back because he saw the impact.

01:13Think about this. His economic policy has been this. Extend the Trump tax cuts, right,

01:20and tariffs. That's it. So the economy has really not gotten anything new that's positive,

01:28that's a boost. And then here's what's interesting about the tariffs. If you do deportations,

01:33that's inflationary. If you have tariffs, that's inflationary. Pick one. He did both.

01:38And that's why we have inflation above the rate right now.