How Trump Can Unleash Production and Prosperity: Jeffrey Tucker

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This is the 30 minute TV version of Jan Jekielek’s interview with Jeffrey Tucker. The longer-form version was released on Epoch TV on November 16, 2024.

🔴 Watch the extended version of this episode: https://ept.ms/Y1116JeffreyTucker

Jan Jekielek sits down with Jeffrey Tucker, founder and president of the Brownstone Institute, to talk about the state of America’s economy. Tucker is also a columnist at The Epoch Times, where he writes daily about economics, technology, and culture.

Tucker about American manufacturing: “The manufacturing problem is a big problem because it traces back 40 years, you know, and it’s fascinating to me that we’ve gone 40 years and gutted the country of dozens of industries for which we once had all the infrastructure, all the institutional knowledge, all the talent, all the skills, and all the markets and all supply chains, and now they’re all gone. That is an incredible thing to have happened to a country.”

CHAPTER TITLES
0:00:00 – The Intuition of the Public
0:00:27 – Revisiting Compliance and Unleashing Prosperity
0:01:26 – Expecting a Backdated Recession
0:03:15 – Showing the Work and Inflation as the Big Issue
0:05:00 – Overheating and the Keynesian Perspective
0:07:26 – Economic Growth Mitigates Against Inflation
0:08:36 – The Gutted Manufacturing Sector
0:10:47 – Trade Deficits and Tariffs as a Tool
0:13:46 – Balancing Revenue and Industry Protection
0:15:00 – China’s Predatory Practices and Industrial Planning
0:18:04 – The Trump Administration’s Approach to Energy

Tucker says about tariffs: “Trump’s critics are wrong to think that his tariff policies are going to drive up inflation. You hear this all the time, oh, Trump’s going to unleash inflation with his tariffs. It’s not going to increase inflation. It’s going to increase the price of relative goods and services by those goods that are most affected, namely imported goods.”

How to create a new manufacturing sector: “There are ways in which we can inspire the creation of a new manufacturing sector, and I think we’re poised to do that. I don’t think tariffs alone are going to achieve that… There are a number of motivations for tariffs. One is to raise revenue. And Trump talked about that, and mercifully, even raised the prospect of going back to an 1880s 1890s kind of situation where there’s no income tax and that all revenue funding the government comes from tariffs. And I have to say that sounds like a decent trade off to me.”

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