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Cato Daily Podcast

Trump Again

Cato Daily Podcast

Caleb Brown

Politics, News Commentary, 424708, Libertarian, Markets, Cato, News, Immigration, Peace, Policy, Government, Defense

4.6949 Ratings

🗓️ 6 November 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

For freedom-enhancing policy, a second Trump term provides obvious, large downsides and risks, but there are likely policy upsides to a second Trump term. Alex Nowrasteh explains what Donald Trump might do in his now-secured second term.

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Transcript

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0:00.0

This is a Cato special podcast. I'm Caleb Brown. For many Americans, this specter of a second Trump presidency offers no upside. And for others, no downside. Cato's Alex Narasta says on at least the policy front, there's a bit of both.

0:22.9

Forgive me, Alex, but I want to start with something sort of totally different, but it does

0:27.0

have strong policy implications, which is, what do you see as the policy impact of somebody,

0:34.6

you know, it hasn't happened in our lifetime serving non-consecutive terms in the White House.

0:41.7

I don't think there'll be any measurable impact,

0:47.5

except perhaps there'll be more that the person can undo in a second term, and he'll be more targeted

0:57.5

against the person who served as president in between his terms. I think it also means that

1:05.3

people who are opposed and politicians who are opposed to his policies will have a much

1:10.7

better model

1:11.3

of what the president will do in his second term that's non-consecutive and will have had

1:18.3

many years to think about it, to consider it, and to consider how to counter those policies.

1:25.8

Let's start with the upside, if we can.

1:29.0

What do you, from our perspective, what do you view as the potential benefits relative to Kamala Harris of a second Trump presidency?

1:42.9

There are several upsides to a second Trump presidency over a Kamala Harris administration.

1:48.6

The first thing to keep in mind that will be relevant for all my comments is that the president

1:54.4

has an enormous amount of power, unilaterally through executive orders and other executive

2:00.2

actions to change policies.

2:01.6

So I want to keep that, want the listeners to keep that in mind, and I'll go through where

2:05.6

that matters the most.

2:07.3

On energy policy, I think President Trump will be very good.

2:11.5

I think I'll see more allowance for fossil fuel exploration and extraction in the United States.

2:19.3

A lot of very expensive regulations that have been proposed, like the clean power plant

...

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