The MeidasTouch Podcast
Democratic Senators Murphy and Kaine Respond to Trump Crash
Sat, 05 Apr 2025
MeidasTouch host Ben Meiselas interviews Democratic Senators Chris Murphy and Tim Kaine about Trump crashing markets and what Democrats are doing about it. Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices
What is the impact of Trump's tariffs on the economy?
Let's talk to two Democratic senators who are aggressively pushing back against Trump and Musk and Doge. Let's welcome Democratic Senator from Connecticut, Chris Murphy, Democratic Senator from Virginia, Tim Kaine. Senators, welcome both of your first times on the show, but let's get right into it right away. Senator Murphy, your response to
All of the markets crashing right now, what Donald Trump's done with all of these tariffs against the world. He called it Liberation Day. We call it here Recession Day, Annihilation Day.
What are you seeing? Yeah, I mean, listen, these guys are the keystone cops. You saw it last week with Signalgate. You're seeing it now with tariffs. These guys don't know how to run a country. They don't know how to run an economy. This is going to be an absolute disaster for consumers. Prices are going to go down. sky high, the jobs are not going to show up.
The fact of the matter is, yeah, there's a world in which tariffs can help restart American jobs, but you have to pair the tariffs with domestic industrial policy incentives for companies to locate here. They're not doing that. So the only people that are going to feel pain are consumers. But I've got a little different theory of the case on this. And then, obviously, I'd love to hear Tim on it.
But this is also a political tool for Trump. You see what he's doing with these universities, with these law firms, penalizing them and making them come to him to pledge loyalty. I think it's likely the same thing could happen with the tariffs.
that each big company or each big industry is gonna have to come to Trump, get some tariff relief in exchange for political loyalty, in exchange for a commitment to buy Trump crypto coin or a commitment to make sure their workers and employees don't speak up against Trump. I think he's trying to destroy democracy
And the reason that these tariffs may not make any sense when you sort of look at the design is because maybe they're not actually economic or trade policy. Maybe it's actually political policy. So once again, just an absolute disaster for regular working people out there and maybe a big threat to our democracy.
Well, you know, the authoritarian playbook is usually they don't care about the pain and suffering of the people. So, Senator Kaine, do you think this is a toolbook or part of the toolkit of the authoritarian playbook as Senator Murphy suggests?
Yeah, I'm wearing my Virginia State seal pin that says 6th Emperor Tyrannus on it. I'm wearing it for a reason. It is part of it. I'm looking at this president and, you know, we all know the fairy tale of Rumpelstiltskin. We were a kid, the mysterious guy that would turn straw into gold. This president is Rumpelstiltskin. He's turning gold into straw.
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