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The MeidasTouch Podcast

Rep. Boyle Responds to Trump Destroying Economy

The MeidasTouch Podcast

MeidasTouch Network

Politics, News

4.812.9K Ratings

🗓️ 2 April 2025

⏱️ 14 minutes

🧾️ Download transcript

Summary

MeidasTouch host Ben Meiselas reports on Donald Trump getting hit with the devastating news from the Atlanta Federal Reserve and Meiselas interviews Congressman Brendan Boyle, Ranking Member of the Budget Committee. 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

Transcript

Click on a timestamp to play from that location

0:00.0

We are now a day away from Donald Trump doing what he's calling Liberation Day, which means more devastation to our economy.

0:09.4

I'm not really sure other than tariffing the world, whatever that even means.

0:15.2

I'm not sure people in Trump's own regime knows what he's even talking about, but we just got these numbers earlier today

0:22.0

from the Atlanta Federal Reserve. Their new model is projecting that there will be a negative

0:28.9

3.7% GDP in the first quarter of 2025, so a 3.7% contraction. So for those following along, eight weeks ago, we were expecting,

0:43.6

from the same projection, mind you, we were expecting a 3.9% growth if literally Donald Trump

0:51.4

did nothing and just kept the economy on autopilot, if he just went to

0:55.3

Mar-a-Lago golfed and did nothing, four weeks ago it was 2.3%. Last week, it was negative 2.8%. Today, it

1:04.6

stands at negative 3.7%. Trump and Musk and Doge are driving us into really difficult difficult times and

1:14.4

this is how it's now being messaged on fox this is harris faulkner from earlier in the day let's play

1:20.5

it and those 401k people who were depending those those retirees all of that just talking

1:26.1

plains speak with them look when this nation used to go to war, people in this country would support the war effort

1:32.4

with their materials at home and making things for weaponry and all of that.

1:37.3

We've got to do 100% buy-in over this bumpy period.

1:41.0

Just communicate.

1:42.0

Then they bring in Eric Trump, who starts selling his bitcoins, play this clip.

1:49.5

Well, we just launched a stable coin on the other side, you know, American Bitcoin.

1:55.1

I think it's going to be one of the great companies out there.

1:57.0

So I truly believe.

1:58.7

I don't even need to show that anymore.

2:00.3

Let's bring in Democratic

2:02.0

Congress member Brendan Boyle, Congressman. I showed you those stats. I showed you those clips right

...

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