
Trump pledges to “tell it like it is” in his quasi-State of the Union address; illegal immigration numbers drop to all-time lows; and we call for the pardon of Derek Chauvin. Sign the petition at https://PardonDerek.com Click here to join the member-exclusive portion of my show: https://bit.ly/3WDjgHE Ep.2150 - - - Facts Don’t Care About Your Feelings - - - DailyWire+: Join us TONIGHT for Backstage Live 8:30 PM Eastern! We’ll watch President Trump address Congress—then, stay tuned for unfiltered, no-BS reactions you won’t get anywhere else. Watch at https://dailywire.com Now is the time to join the fight. Watch the hit movies, documentaries, and series reshaping our culture. Go to https://dailywire.com/subscribe today. Get your Ben Shapiro merch here: https://bit.ly/3TAu2cw - - - Today's Sponsors: Birch Gold - Text BEN to 989898 for your free copy of the Ultimate Guide for Gold in the Trump Era. Policygenius - Head to https://policygenius.com/SHAPIRO to get your free life insurance quotes and see how much you could save. Lumen - Head to https://lumen.me/SHAPIRO for 20% off your purchase. Hungryroot - For a limited time get 40% off your first box PLUS get a free item in every box for life. Go to https://Hungryroot.com/ben and use code ben - - - Socials: Follow on Twitter: https://bit.ly/3cXUn53 Follow on Instagram: https://bit.ly/3QtuibJ Follow on Facebook: https://bit.ly/3TTirqd Subscribe on YouTube: https://bit.ly/3RPyBiB
Chapter 1: What is Trump's State of the Union Pledge?
Well, folks, tonight, Daily Wire backstage returns live for President Donald Trump's address to a joint session of Congress. We are covering it all like never before with Matt Walsh and me. Live from D.C., do not miss the exclusive pre-show at 8.30 p.m. Eastern, followed by the full address completely uninterrupted. And when he's done, we're back with a breakdown of what it all means.
Watch with us tonight, 8.30 p.m. Eastern time on Daily Wire Plus. Speaking of which... The president of the United States tonight will be speaking to a joint session of Congress. It's not technically a State of the Union address, but it is, in fact, a State of the Union address. It's just that in your first year, you don't really do that.
In any case, President Trump is going to be saying a lot of things according to his truth social quote, all caps, tomorrow night will be big. I will tell it like it is. Well, I mean, I think we're pretty used to that. So it'll be interesting to see what exactly that encompasses. But there is a lot happening. Most of it good. Some of it dicey, a lot of it risky.
I think we are all invested in the success of the Trump administration. We should be. As Americans, we should be invested in President Trump being a wild success in the economy going up and to the right, in immigration going down, illegal immigration going down, in world security getting stronger.
We should be invested in all of these things because, after all, we are all invested in a better America for everyone. And again, on many of these things, President Trump's... Mere presence in the White House has changed things radically, most obviously with regard to illegal immigration. So this was Trump's raison d'etre. This is the reason he entered politics in the first place in 2015, 2016.
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Chapter 2: How has Trump's immigration policy affected illegal immigration?
It is now a decade later, and President Trump is doing the thing that Democrats said was impossible. They said without a giant piece of legislation from Congress, there was in fact no way to bring down the rates of illegal immigration. And then it turns out all it took was a president who says he's going to deport illegal immigrants and the rates of illegal immigration drop effectively to zero.
According to Breitbart.com, a social media post by the chief of the U.S. Border Patrol, Michael Banks, shows February apprehensions to be a record low for the agency. Banks' post reveals the startling impact of the Trump presidency on illegal migration to the United States in the 42 days since assuming office. Banks posted, quote, February proves our combined efforts in securing the border work.
U.S. Border Patrol apprehended 8,326 illegal aliens at the U.S.-Mexico border, making it the lowest month in recorded history. That's an insanely... Low number. Insanely low. Remember that there were months during the Biden administration where in excess of 200,000 illegal immigrants were crossing the border every single month.
There were days that were like 8,000, 10,000 illegal immigrants arriving at the border. That is a drop of 94%. 94%. from the 140,000 encountered just one year ago. Even since December, that is a drop of 82%. And there's only one reason for that, and that is the presence of President Trump in the White House, Tom Homan, as his borders are.
Secretary of Homeland Security, Kristi Noem, this is an administration that takes illegal immigration very seriously. And you know what? Illegal immigrants are not coming. It turns out all it took was a new president to fix this particular problem. Meanwhile, there are other percolating problems that President Trump is taking on. So there's a big announcement yesterday.
President Trump announced that TSMC, which is the largest manufacturer of sophisticated microchips on planet Earth, located in Taiwan. They make about 92% of all sophisticated semiconductors on planet Earth.
President Trump announced yesterday that Taiwan Semiconductor Manufacturing Company will be investing at least $100 billion more in chip manufacturing plants in the United States over the next several years. TSMC, according to the Wall Street Journal, plans to use the funds to add to its chip manufacturing that's already building in Arizona.
It will construct three new chip plants, two chip packaging plants, and a research and development center, according to Chief Executive C.C. Wei. Here's President Trump at the White House announcing this yesterday.
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Chapter 3: What is the significance of TSMC's investment in the U.S.?
Today, Taiwan Semiconductor is announcing that they will be investing at least $100 billion in new capital in the United States over the next short period of time. to build state-of-the-art semiconductor manufacturing facilities. I think mostly it's going to be in Arizona, which is what I understand, which is a great A great state. I like it because I won it. But I won most of them, actually.
But I did, we won it, and we won it big. The most powerful AI chips in the world will be made right here in America.
Again, this is a big win for President Trump. It follows on a commitment by TSMC to build a chip factory in Arizona for $12 billion back in 2020. President Trump said if they did the chips in Taiwan to send them here, they would have a 25% or 30% or 50% tariff. It'll only go up. By doing it here, there are no tariffs. So the company is now planning to spend a total of $165 billion on its U.S.
factories. Now, that is good for a couple of reasons. That is good, number one, obviously, because it creates jobs in the United States. It is also good because it diversifies the sources of semiconductors. If, God forbid, the Chinese were to blockade Taiwan...
and it's three years from now, presumably TSMC would have set up chip manufacturing facilities in the United States sufficient to prevent the Chinese from essentially shutting down the world economy. That is a major issue. Semiconductors are the new oil. Lack of semiconductors can shut down entire massive industries in the United States.
Everything from your phone to your car to your refrigerator runs on semiconductors. And so were China to grab control of TSMC in Taiwan, it would be a world catastrophe. Diversifying that resource inside the United States is of course a good move for the United States. It also happens to be a good move for TSMC for a couple of reasons.
One, it means that the United States is now invested in making sure that TSMC is not victimized by the Chinese in Taiwan. President Trump would love to see all of this investment move from TSMC in Taiwan to the United States. But if TSMC in Taiwan stops existing, it's very hard for that money to make the move. And two, Again, when it comes to U.S.
domestic production of resources that are actually crucial national security industries, it makes sense to subsidize that production in the United States, to reshore it in the United States.
Since the Biden administration, the United States has expressed concerns about TSMC's near monopoly on advanced chip manufacturing and has been urging the company to relocate more of its cutting edge production, including advanced chip packaging facilities to the United States. The U.S. supported TSMC's growth through the 2022 Chips Act. That was a giant subsidy act by the Biden administration.
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Chapter 4: Why are tariffs causing economic concern?
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Now, again, there may be industries, like for example, semiconductors, where you need them produced domestically for national security reasons. It simply can't be produced in China or in any place that is subject to Chinese predation. I get that, and I'm all for it.
It is another thing to say that Canada is some sort of deep and abiding national security threat requiring widespread 25% tariffs on Canadian product. Canada, by the way, is the number one trade partner with the United States. Here was President Trump yesterday saying there's no room left for negotiation. I wasn't even aware there were negotiations going on.
On the tariffs, is there any room left for Canada and Mexico to make a deal before midnight? And should we expect those Chinese tariffs, the extra 10% to take?
No room left for Mexico or for Canada. No, the tariffs, you know, they're all set. They go into effect tomorrow.
Now, again, I just want to know why. Like, well, what are we getting out of this? As American consumers, what do we receive from the tariffs? I understand the theory, which is that there are going to be a lot of companies that reshore inside the United States. And it's true. There will be jobs in those industries.
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Chapter 5: How do tariffs affect the economy and consumers?
But the February 28th update of GDP Now saw a plummeting forecast from roughly that same 2-plus percent to negative 1.5%. The model updated Monday with an even more pessimistic outlook, negative 2.8%. Those are mathematical models. Now, again, that could be totally wrong. However...
There are a lot of rumblings in the business community that things like tariffs, like the overvaluing of the stock market that has occurred due to the inflationary spiral brought since COVID, that's destined to come down.
I've pointed this out before, but the Magnificent Seven, the top seven companies in the Dow Jones Industrial Average, those top seven companies have a price to earnings ratio almost of 60%. That means the total price of the company compared to the earnings of the company on an annualized basis, 60. That's crazy. That's completely out of whack.
The entire Dow Jones industrial average at this point has a PE ratio of about 26. It really needs to be down at about 16. It's too high. Meanwhile, real estate is also getting stuck because the interest rates remain relatively high by historical standards.
And that means that grandma doesn't want to sell her house because if she sells her house, she's going to have to buy a new house with the worst interest rate. That means inventory is not actually matching demand. There are all sorts of problems with the economy. The administration needs to focus laser-like on that because nothing kills an administration faster than a weak economy.
Joe Biden learned this the hard way. Speaking of which... There's a lot of consternation rising over looming government shutdown. According to the Washington Post, Congress has less than two weeks to extend federal spending laws and keep the government open.
Republican negotiators walked away from talks over the weekend to reach a deal on a top line number on how much the federal government should spend for the rest of 2025. Democrats had said the number is irrelevant if Trump refuses to spend the money in accordance with the law or if he allows Doge to basically go through with a red pen.
Meanwhile, Trump and his advisors, including Budget Chief Russell Vaught, have argued the president has the power to withhold money Congress orders spent. Democrats say they want assurances from congressional Republicans in the White House the administration will actually spend any money included in any new law preventing a shutdown.
Now, Republicans theoretically could continue to pass a continuing resolution. They could avert a government shutdown on their own, but that's going to require Republicans to get together again. So once again, heavy burden falls on Speaker of the House Mike Johnson on all of this stuff because of the narrowness of his majority. Now, Democrats are already preparing the bad headlines.
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Chapter 6: What are the potential impacts of a government shutdown?
When America supported Great Britain during World War II, the initial move towards supporting Great Britain was a program called Lend-Lease, in which the United States ended up with control of a huge number of very important British military bases. So the idea that America always gets nothing out of its foreign relations is just not true.
What President Trump is attempting to do here makes perfect sense, which, by the way, is why his perspective remains popular. So Harry Enten at CNN actually did some polling on this. And he said, you know, shockingly to Democrats, at least Joe Biden was wildly unpopular on Ukraine and Trump is pretty popular on Ukraine.
You look at Joe Biden back in 2024, he was 22 points underwater. Holy cow. You look at Donald Trump, it's just a different planet entirely. I mean, the gulf between these two is wider than the Gulf of America or Mexico, depending on which side of the aisle you stand on. He's at plus two. So look, at this particular point, Americans are giving Donald Trump the benefit of the doubt.
He's doing considerably better than Joe Biden was doing on the handling of the Russia-Ukraine conflict. And so on this simple question, I think Americans are saying... Okay, Donald Trump's doing all right on this.
Okay, now, why do Americans feel that way? Because what Americans want is the rational thing. They know the war isn't going anywhere. They want an off-ramp. Now, Americans want an off-ramp. Americans like foreign policy off-ramps. There's one thing Americans really like a lot worse than foreign policy off-ramps, and it's not even endless war. Americans don't like endless war.
In order of things, Americans hate. They hate endless war. And then, even more than endless war, they hate ignominious surrender. They really don't like ignominious surrender. Americans were humiliated by Joe Biden's pullout from Afghanistan. They hated Joe Biden for it. Look at his approval ratings. They sank into the mire. What does that mean?
It means that while Americans do not want to continue to fund the Ukrainian war indefinitely, they also do not want to see pictures of Russian soldiers strolling through Kiev. That is not something they want. They do not want Vladimir Putin standing on Vladimir Zelensky's body in the middle of the street. That's not something they want.
which is why the Trump administration move, I think it's a pressure tactic to get Zelensky to come back to the table and sign the rare earth minerals deal. So I think Zelensky really should do it.
But the administration announced yesterday that they would pause all military aid to Kiev until President Trump determines that the Ukrainian president, Vladimir Zelensky, is making a good faith effort toward peace negotiations with Russia. Now, this I do think is not a particularly good move.
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Chapter 7: What are the implications of Zelensky's statements on the Ukraine conflict?
He just really has promised to get to the end of this war and he would like to do so. Meanwhile... Pam Bondi has now suggested that they're still going to release an Epstein list. I'm not aware that there is an Epstein list that hasn't been released at this point. I'm a little bit confused as to what exactly the goal is here. So Pam Bondi was on with Mark Levin over the weekend.
And here she was suggesting that the sort of Epstein screw up last week in which the Justice Department released a binder filled with nothing. That actually is going to be solved in the near future. Here she was.
A source told me New York, SDNY, they're sitting on thousands of pages of documents regarding Epstein. Thousands, thousands. And of course, you've seen the very strong letter. We will get everything. We will have it in our possession. We will redact it, of course. to protect grand jury information and confidential witnesses. But the American people have a right to know.
And Donald Trump is the most transparent president in our nation's history. So not only will America get the full Epstein files, they will get JFK. They will get Martin Luther King.
OK, listen, I would love to see all of that. Also, I don't think there's going to be a lot there. And I think the screw up last week, I know there's an attempt to sort of backfill that screw up. We'll find out in very short order whether or not there is anything more happening here.
Now, there are some accusations that the head of the FBI's New York field office was forced out of the bureau on Monday. That is going to NBC New York. Two of the sources. who spoke with NBC News, said Assistant Director in Charge James Dennehy was given a choice to either resign or be fired, and he was eligible for retirement and has officially retired.
He said he was forced to, I've been told many times in my life, when you find yourself in a hole, sometimes it's best to quit digging. Screw that, I will never stop defending this joint. He said he was not given a reason for the decision. Immediately, rumors started circulating that the real reason that Dennehy was fired had to do with some sort of cover-up with regard to Epstein.
I've seen no evidence to this point that suggests that that is, in fact, the case. It may be a sort of convenient way of finding somebody to blame for the screw-up that the DOJ caused. ushered out last week. They, of course, said that there was a low-level person at SDNY who's basically covering up files, deleting files. But why would he be allowed to retire with his pay if that were the case?
He should be legally prosecuted if, in fact, that was the case. So we'll have to see how that emerges, whether this is sort of a misdirect or whether it actually is real, whether somebody was actually committing the crime of destroying relevant documents rather than publicizing all of that.
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