Transcript: Even GOP Pollsters Rattled as Trump Hits Record New Low

And I think what it overlooks too is the almost suicidal nature of economic policy under this presidency. So, almost the entire story of this presidency from the very beginning—it starts with DOGE cuts, which begin basically the moment that Trump takes office again. It sort of peaks, for a while at least, with Liberation Day—that’s Trump’s mblockive global tariffs, where he puts tariffs on basically every country in the world in April of 2025.

And then, if things weren’t bad enough then, he launches a war against Iran in February, at the end of February. Essentially, seemingly, you know, convinced that air power alone will win this war and that Iran won’t close the Strait of Hormuz, even though, as we now know, many people in the military were telling him that this was a very real possibility.

And now you have a situation where the president has strangled an otherwise fairly good economy based on his own completely bizarre economic theory about tariffs that no expert—even conservative economists—believes. No one has believed this since the 1880s, basically. And then, also, you have this kind of hubris, right? This sort of imperial hubris that I think people also don’t credit Trump for as well—that U.S. naval and air power and economic might can withstand anything that you throw at it. And that sort of leads to the situation that we’re in now, where—I think part of it is Democrats have called Trump’s response to Iran’s closure of the Strait of Hormuz a sort of capitulation, right? A huge failure.