
Principles First
@Principles_1st • 28,577 subscribers
A grassroots effort to rediscover and champion principles in the 21st century #PrinciplesFirst
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A Republican caller asks: “What about these tariffs? This is like free money for us. Trump is the only one to do it.” Heath Mayo: “We’re going to have to disagree on this one. Tariffs are fundamentally bad economic policy. We’ve tried them—and they always lead to less growth and inflated prices. They don’t even protect jobs like proponents claim. Plus, even if you think tariffs are a good idea, why would we increase them on our allies like Canada and Mexico and make things easier on Russia?”
Principles First90,150 views • 4 months ago

.Mark Cuban: “I learned that the Democrats can’t sell worth sh*t.”
Principles First245,718 views • 1 year ago

.Jessica Riedl 🧀 🇺🇦: "The economic threats are real and many. Tariffs are raising prices, paralyzing business investment, alienating our allies, and harming the very manufacturing sector that they're supposed to be helping. We face upside inflation risks from tariffs, immigration restrictions, tax cuts, spending hikes, and Trump pressuring the Fed to cut rates. Economic growth forecasts are sluggish due to immigrant worker deportations and labor force growth trending towards zero. The economy created just 181,000 jobs last year — that's one-tenth of the average rate over the last decade. And employers have the fewest job openings posted since the Great Recession. Housing starts and residential construction spending are falling sharply. We have crony capitalism and government taking steps to nationalize major companies. Consumer confidence is at a twelve year low. Real personal disposable income has not grown since the tariffs. Budget deficits are heading to $4 trillion a year under current policy within a decade, and that's with low interest rates. Social security and Medicare are on pace to push the debt to 250% of GDP in three decades. Washington has based its entire long-term budget projections on the interest rate paid on their bonds not rising ever above 3.8%, and we're doing bond auctions right now at 4.5%. So much of these costs are the results of giving an economically illiterate president nearly unchecked power over economic policy."
Principles First58,474 views • 4 months ago

.Mark Hertling: "We're now experiencing what I would call a stress test…As a result, I think our citizens and our allies are no longer trusting us. They're not asking 'When will America return to normal?' They're now asking 'Can American institutions ever be trusted again?' That question haunts me every day when I wake up."
Principles First56,734 views • 4 months ago

.David Frum: "If Trump believes that these tariffs are so good for America, why doesn't he…write a tariff bill, send it to Congress, have them pass, and collect the revenues? Well, that was not the point. The point was to have an instrument of personal power."
Principles First42,643 views • 4 months ago
