MeidasTouch host Ben Meiselas interviews Democratic Senator Cory Booker on Trump destroying the markets, the economy, and our alliances and Senator Booker describes how he and Democrats are fighting back. 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
Chapter 1: What is Senator Cory Booker's reaction to the current market crash?
I'm joined by Senator Cory Booker. Senator, I want to get your reaction to the chaos that Donald Trump is causing in the markets, the chaos that he's plunging our economy into. What do you make of it all, Senator?
Look, it was bad, really bad for Americans before these tariffs. Inflation was up. Costs of living was up. Consumer confidence was down. We saw all of these things that were already betraying what his promises were to a lot of people that put their faith in him that he would make their cost of living better.
But now it is a true just taking a battle axe to the economic well-being of Americans and, frankly, having an effect that's going across the globe. And so let's just start with the reality is that this is going to drive prices even higher. for Americans, thousands of dollars to the average American's annual cost of living.
For people that have 401 accounts, their retirement security, they've lost thousands and thousands. I've been hearing from people who had helped to retire this year after working for 25, 30, 35 years, but now don't think they have the money because he's taken $6 trillion overall out of the markets.
And then just to see all these big economic indicators start to project a recession, it just shows that this man, first of all, knows nothing.
Even his right-wing supporters, right-leaning think tanks like the American Enterprise Institute have said even the justification that he's making, the data that he's relying on is flawed and convoluted and not based in any kind of strategy or science or economics.
So this just shows exactly what we were saying about Donald Trump before he got in here, what his own former chief of staff was saying, what his own former secretary of defense was saying. All these people said that he was a danger to the national security, a danger to our economy, a danger and a real risk of the continuance of our country.
You look at his conduct. Do you think, I mean, it's beyond just kind of a reckless to intentional and malicious, almost as part of the – I've spoken to some of your Democratic colleagues in the Senate, and Senator Murphy was saying, you know, I think it's intentional. He goes, I think it's part of the authoritarian playbook.
where, you know, by destroying the economy, by putting all these tariffs on, you then have to force businesses and other countries to come to you to beg, please, can I have this? Can you make a deal with me? Do you think it's that or do you think it's a combination? What do you just make of it all? It just seems so obviously reckless.
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Chapter 2: How are Trump's tariffs and policies affecting the American economy?
to gut the ability to protect our nation and our democratic pillars, like voting from foreign adversaries, to gut, frankly, a lot of the things we put in place during the Biden administration to give people more access to health care, more access to lower prescription drugs. These were the things he did right off the bat, frankly, what he did to environmental protections.
And for a guy that lives in a city that has four times the asthma rates of the towns around us, the guy who lives in a community where kids suffer from all kinds of environmental toxins. He's allowing polluters to pollute more, which is gonna raise rates of asthma and emphysema deaths from those things and therefore raise healthcare costs and more people being rushed to the emergency room.
Everywhere I look, He is hurting people. He is hurting Americans. And the voices that I tried to read from the Senate floor, as many of them I could center as possible, they were Republican voices and Democratic voices. They were young voices and old voices.
They were Republican elected officials and Democratic elected officials all screaming to the moral moment that we're in, that we are in a crisis. We are in a crisis. We cannot allow this guy to stay the course of what he's doing.
Senate Majority Leader John Thune was recently asked about the tariffs. He's really kind of refusing to criticize Donald Trump, but says, you all know where I stand, but this is what he ran for. Let me show you what Senator Thune did and then get your reaction to it.
Leader Thune, with respect to tariffs, the White House has said that an additional 50% tariff will go on China if retaliatory tariffs by China are not taken down. This means that, according to some estimates, the tariffs could reach as high as 104%. What do you say to that, and what do you say to the markets in particular, which are very rattled by all of these tariffs?
Well, look, and I think you all have covered this place long enough. I think everybody kind of knows my views on tariffs. But the fact of the matter is the president ran on this There wasn't a campaign event where he didn't talk about the importance of getting other countries to treat us more fairly when it comes to trade, bilateral trade, multilateral trade in this country.
And 77 million people voted for him and his agenda. And I think he deserves the opportunity to see what kind of deals he can get from some of our trading partners.
Senator, what do you make of that statement from Majority Leader Thune?
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