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Trump's Liberation Day Tariffs HEATED Debate w/ Sam Seder | PBD Podcast | Ep. 570

Thu, 03 Apr 2025

Description

Patrick Bet-David, Tom Ellsworth, Vincent Oshana, and Adam Sosnick are joined by political commentator Sam Seder for a fiery episode as they break down Trump’s explosive “Liberation Day” tariff announcement, shocking results from Florida’s special election, a major shakeup in the Wisconsin Supreme Court race, and the tragic death of Texas high school football star Austin Metcalf.------💳 VT RFID CARDHOLDERS: https://bit.ly/42eIld7👕 GET THE LATEST VT MERCH: ⁠https://bit.ly/3BZbD6l⁠📕 PBD'S BOOK "THE ACADEMY": ⁠https://bit.ly/41rtEV4⁠📰 VTNEWS.AI: ⁠⁠⁠⁠https://bit.ly/3OExClZ⁠🎙️ FOLLOW THE PODCAST ON SPOTIFY: ⁠⁠⁠https://bit.ly/4g57zR2⁠🎙️ FOLLOW THE PODCAST ON ITUNES: ⁠⁠⁠https://bit.ly/4g1bXAh⁠🎙️ FOLLOW THE PODCAST ON ALL PLATFORMS: ⁠https://bit.ly/4eXQl6A⁠📱 CONNECT ON MINNECT: ⁠⁠⁠https://bit.ly/4ikyEkC⁠👔 BET-DAVID CONSULTING: ⁠⁠⁠https://bit.ly/3ZjWhB7⁠🎓 VALUETAINMENT UNIVERSITY: ⁠⁠⁠https://bit.ly/3BfA5Qw⁠📺 JOIN THE CHANNEL: ⁠⁠⁠⁠https://bit.ly/4g5C6Or⁠💬 TEXT US: Text “PODCAST” to 310-340-1132 to get the latest updates in real-time!ABOUT US:Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

Audio
Transcription

Chapter 1: Who are the hosts and guests in this episode?

00:00 - 00:10 Tom Ellsworth

Did you ever think you would make it? I feel I'm supposed to take sweet victory. I know this life meant for me. Adam, what's your point?

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00:10 - 00:15 Patrick Bet-David

The future looks bright. My handshake is better than anything I ever saw.

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00:15 - 00:15 Unknown Speaker

It's right here.

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00:17 - 00:41 Patrick Bet-David

You are a one-on-one? My son's right there. I don't think I've ever said this before. Okay, so episode 570. We have a very rich man here today, Sam Seder. He's a guy that loves rich people. Anybody that's a billionaire, his favorite people, absolute big fan. And he's going to tell us why today. We've had him on before. I always respect anybody.

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00:00 - 00:00 Patrick Bet-David

that is willing to come on, that may have opposing ideas, to sit down and have a conversation. Sam, it's great to have you back on here again.

00:00 - 00:00 Sam Seder

It's a pleasure to be here. I just want to say that some of my best friends are rich people.

00:00 - 00:00 Patrick Bet-David

I believe you. I believe that you have a lot of rich friends.

00:00 - 00:00 Sam Seder

Trust me, I believe you.

00:00 - 00:00 Patrick Bet-David

Now, the question is, you want them to get taxed 90%, but we'll have that conversation as well.

Chapter 2: What are the controversial views on Trump's tariffs?

15:41 - 15:42 Unknown Speaker

Yeah.

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15:42 - 16:03 Patrick Bet-David

So one, the Republican Party, like you said, I knew two years ago that Trump would be a DeSantis, all this other stuff. Right. We were on the same page. I thought it was going to be him. But a lot of Republicans were a little bit still staying safe and hesitant of whether they were going to go all in or not the first time you and I spoke. But today- When I said, who do you like? What policies?

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16:04 - 16:08 Patrick Bet-David

You said, I like what AOC is doing. You said Sanders, anti-oligarchy, all that stuff, right?

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16:08 - 16:39 Sam Seder

I have a different, I think, way of looking at politics maybe than you do. It's not for me. If a candidate emerges who embraces a wider set of my preferred policies, that's the one I'll support. I don't really get too involved in the... The the the individual, frankly, I mean, you know, Joe Biden was not my favorite candidate by a long shot in 2020.

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00:00 - 00:00 Sam Seder

The fact that there were coalitions built out of Warren and Sanders supporters that ended up bringing us a much better set of labor policies than we've seen in my lifetime from my perspective.

00:00 - 00:00 Sam Seder

with the National Labor Relations Board, with just the appointments of people like Abruzzo as the general counsel there, the extension of unions' ability to unionize and helping working people in that way, and then the antitrust regime that was largely a function of the Warrenites putting in their people to undermine big concentration of money and power. Those are big positives.

00:00 - 00:00 Sam Seder

So, you know, do I like Joe Biden? No. But I also know that if there are the right coalitions formed that that have, you know, influence within the context of an administration, that's good from my perspective.

00:00 - 00:00 Patrick Bet-David

Got it. But to me, like running a business or politics, right, or it shifts when people all of a sudden look at you and they say, I don't like these ideas anymore. So in the Democratic Party, you have a lot of different people that would have different policies. hey, I think we should do this, and I think we should do that. Great.

00:00 - 00:00 Patrick Bet-David

Obviously, it didn't land November 5th, 2024, whether it was Kamala Harris, whether it was the policies, whether it's seven states you lose, battleground states you lose, whether it's the majority. It was a bad loss. It was a humiliating loss. One could say it was Kamala. One could say it was Obama. One could say it was Biden stepping up. One could say it's Schumer. One could say it's Pelosi.

Chapter 3: How is the Democratic Party perceived in this podcast?

74:58 - 75:00 Patrick Bet-David

Let them come to the border.

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75:00 - 75:03 Sam Seder

Give them documents so that they can get worker protections.

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75:03 - 75:18 Patrick Bet-David

So then if that's the case, you know what that validates? Joe Biden and the Democratic policies are better for the billionaires than Trump's are because they brought in cheap labor. And that cheap labor helps who? Helps the rich.

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75:18 - 75:24 Sam Seder

I am in favor of a path to citizenship that is much easier.

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00:00 - 00:00 Patrick Bet-David

And by the way, those 10 million people that came here illegally, give or take.

00:00 - 00:00 Sam Seder

And that was in that bill that they suggested in the fall of 2023 that Trump said he didn't want because he wanted to keep it as an issue.

00:00 - 00:00 Patrick Bet-David

Who do those 10 million people take jobs away from? Who do they take jobs away from?

00:00 - 00:00 Sam Seder

I don't know that they take jobs away from that many. Oh, really? In 20 years ago, we were told that the lowest unemployment that it was possible to have with a functioning economy was what? You remember? It was something like 6% to 8%. And now our unemployment is at 4%. And it was lower than that before. You're not answering the question, though.

00:00 - 00:00 Patrick Bet-David

Who do those people take jobs away from?

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