2025 3-19 Matters of Democracy Bessent Slowdown; Putin, EU, Abortion, Democrats
Matters of Democracy podcast · THOMAS MARINO
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Show Notes
Treasury Secretary Scott Bessent, is aggressively pursuing trade policies aimed at reversing decades of trends. subdued in a meaningful way growth in the second quarter due to the impending tariffs. He notes this process "is not going to be pain-free." A growth slowdown could indirectly help manage the nearly $8 trillion in debt needing rollover in the first nine months of 2025 by potentially reducing interest rates. Shaving one point off the interest expense on $7.5 trillion could save $75 billion annually, significantly reducing the deficit.
International Diplomacy Putin reportedly rejected the ceasefire proposal that Ukraine had agreed to and only agreed to a limited ceasefire. Trump's promise to end the wars in Ukraine and Gaza within 60 days is highlighted as already failing
Canada and several European nations (e.g., Denmark, France, Germany, Spain) are experiencing boycotts of American-made products.
The War on Abortion in Texas. Midwife Maria Margarita Rojas was arrested at gunpoint
Chuck Schumer's Difficult Week
Recent Polling Data and Democratic Party Challenges. Roughly 75% of Democratic respondents in the NBC and CNN polls expressed being upset with their party's inaction.