Tim Miller on Tariffs: When You Unnecessarily Have a 30% Hike on a Product that You Buy, You Get Mad About That

RUSH EXCERPT:
MILLER: "Yeah. Well, it’s hard for me to compete with David Frum when it comes to talking about the macro problems here. He’s just so good at that. So I’ll talk about like the politics and the impact on on regular people because this is the element, right? You look at when we’re on a couple weeks ago with you. Right. We were so focused on the stock market and what’s happening with the crash and what the Wall Street guys were thinking. And because Trump backed off, you know, his essentially trade embargo with China, some of that is stabilized. Right. And so you see some MAGA folks out there trying to go, well look at that look. He made a great deal. See nothing. No problems. All you guys were catastrophizing. But like the. While Wall Street is part of the economy, it’s not the whole economy. And we saw this a lot during the Biden Administration. Like let’s just be honest. Where some of the fundamentals, some of the numbers were looking good, be it the stock market or GDP. But like regular people are frustrated and annoyed. And those. Are the people you have to talk to in politics. And a lot of folks, and this is happening with me down here in New Orleans, I’m sure it is with other people in their lives that you’re either as a consumer or as a friend who’s a small business owner, or you’re touching some part of the economy that’s touched by this. And when you feel like you unnecessarily have this 30% hike, you know, for some product that you buy or for some product that your friend or family member sells, that their little store, you know, like you get mad about that, like, for good reason, because it’s you that are suffering, you that are being put out. You’re being annoyed. You’re the one that has to scrimp or, you know, tighten your belt because why? Because like the president is in a, you know, toddler fight with chairman xi, like with no goal, you know, with no end game. And so I think that’s like the interesting thing, looking at all those clips, right, is it’s just it’s touching a bunch of people that aren’t necessarily, you know, whatever politically hyper engaged or whatever. All they’re trying to do is live their lives and there and there are real ramifications that are just kind of filtering out throughout the whole economy. People are upset about it. And I think that’s why you’re seeing those consumer confidence numbers that are so low. You know, even if some of the like the larger GDP numbers are a little stable."