Valuetainment - October 08, 2025


＂Tariff Revenue To WIC＂ - Trump's $200B Plan FLIPS The SCRIPT On Democrats Amid Shutdown CHAOS


Episode Stats


Length

15 minutes

Words per minute

202.03

Word count

3,125

Sentence count

216

Harmful content

Misogyny

1

sentences flagged

Hate speech

4

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Trump uses tariffs to keep food on the table for millions of pregnant women and new moms during the government shutdown. Will this be a good or bad thing for the economy and the economy as a whole? The answer may surprise you!

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 So President Trump, decides, due to the government shutdown, he will use tariff revenue to fund WIC programs during the shutdown.
00:00:09.120 Think about how creative of a thinking this is.
00:00:11.320 Rob, is this a clip of him saying that?
00:00:12.800 It's actually just a quick news update about it.
00:00:16.380 Go for it.
00:00:16.920 Breaking moments ago, more than $200 billion coming into the coffers in tariffs, and now we're learning where some of that money will go.
00:00:23.360 The White House has just announced that the women and children food program will not be cut off while the government is shut down.
00:00:31.200 Some of the money.
00:00:32.260 Yeah, when you're looking at this, Trump, the tariff will use to keep afloat a federal food system program for nearly 7 million pregnant women, new moms and young children during the government shutdown.
00:00:43.680 The program known as WIC was expected to run out of money soon because Congress has yet to approve a federal spending package, the fiscal 2026, which started on October 1st.
00:00:53.880 The National WIC Association has predicted that the program funding would last only a week or two into the shutdown.
00:01:00.040 White House Press Secretary Caroline Levitt announced the tariff idea in a post on X.
00:01:05.000 Democrats are so cruel in their continual votes to shut down a government that they forced WIC program for their most vulnerable women and children to run out this week.
00:01:15.100 She wrote, thankfully, President Trump and the White House have identified a creative solution to transfer resources from Section 232 tariff revenue to this critical program.
00:01:23.200 Eric, your thoughts on this?
00:01:24.580 I may take a different tack on this than maybe a lot of people at the table.
00:01:28.100 I think it's great politics on Trump's part.
00:01:33.260 It's great politics and horrible policy.
00:01:35.000 Here's why.
00:01:36.400 I'm never, ever going to be a fan of this tariff situation that he's decided to put into play.
00:01:43.980 I'm a free marketeer.
00:01:45.540 I'm straight up libertarian.
00:01:46.840 I think we leave our equity markets, all our markets, our financial markets alone, the crown jewel of financial markets around the world.
00:01:54.780 They've created insane wealth for the American people.
00:01:58.140 Stop playing with the free market.
00:02:00.480 It would take care of itself.
00:02:02.020 The tariff changes the dynamic.
00:02:03.940 But I know why he's doing it because Trump likes the – he likes the power of having that tariff over foreign leaders.
00:02:11.280 Like he's using it for just about everything to negotiate peace with wars, to negotiate deals, to negotiate almost anything he wants.
00:02:18.980 Now he's going to use this tariff revenue, which $200 billion is not a lot of money given what he's actually doing.
00:02:25.120 It's too much interruption into the markets.
00:02:29.040 We'll talk about why gold prices are exceeding $4,000.
00:02:32.400 I believe it has a lot to do with tariffs.
00:02:33.960 I think he's using it to say, hey, look at this beautiful opportunity to take care of women and underprivileged people and children with the money that the Democrats are holding back because of the shutdown.
00:02:47.900 He's using it as a political, I guess, a gun to the Democrats' head.
00:02:54.660 Like, you want to mess with women and children and minorities? 1.00
00:02:57.840 Well, keep the government shut down.
00:02:59.840 We'll throw him some money from tariffs.
00:03:02.840 He also said at one point he was going to use the money to send back to American households $2,000 to some households.
00:03:10.500 He's using it as a political ploy, a tool, which I just don't – it leaves a bad taste on my mouth.
00:03:16.180 Tom, do you agree with Eric?
00:03:17.180 Yes and no.
00:03:19.340 I understand the headline.
00:03:20.960 It's great politics, a horrible policy.
00:03:23.200 I'm also free market, but the tariff situation, I agree with it from the standpoint of let's lever and correct unfair counter tariffs that are around the world.
00:03:34.340 I agree with that as a political threat.
00:03:36.360 But then get them off.
00:03:37.540 Turn them off and get everybody to the table and get everybody to cooperate and then back off.
00:03:44.940 That's what I feel about it.
00:03:46.120 Now, I happen to think I agree with Eric in that the president's doing a very good job of what the Democrats usually do.
00:03:52.360 Oh, thanks to you and the shutdown, and the shutdown's all because of your guys.
00:03:56.340 Guess what?
00:03:57.320 You know, because of this program, people won't get their EBT cards in Boston, and they'll be going hungry as we approach Thanksgiving.
00:04:05.040 That's always the Democrat line.
00:04:07.180 You shut down the government and then pick victim group here in this part of the sentence, and in this part of the sentence put don't get something.
00:04:14.520 There are two blanks, victim and what don't you get, and then say it's Trump fault, Trump bad, Trump bad, Trump bad.
00:04:20.020 He's preempting that and saying, you know what?
00:04:23.100 Thank goodness I'm such a genius with tariffs because I've got all this money now to keep the WIC money going to these people, and that's one of your programs, but I'm making sure these kids don't lose out.
00:04:33.240 Tom, he didn't have to use the tariff money to have the same policy, though, right?
00:04:37.440 Right.
00:04:37.620 I mean, there's plenty of money sloshing around.
00:04:40.240 There's a $7 trillion.
00:04:41.760 And he's got the EO pen.
00:04:43.060 And he's got the – he could have signed an executive order or just pushed the money out to the WIC people without saying, oh, this tariff program I have is so good, we're going to help.
00:04:53.480 Plenty of money is a stretch, though.
00:04:54.940 He's kind of patting himself on the back and then using the check.
00:04:57.480 Of course.
00:04:58.600 Like, wouldn't you?
00:05:00.320 Like, anybody that's in that position, if one of your main things – what did he keep saying?
00:05:05.600 He says, man, I think the sexiest word in the dictionary is tariffs, right?
00:05:09.680 If that's what he kept running on, it's like it's probably love and maybe God.
00:05:14.620 I don't know.
00:05:15.040 Maybe religion.
00:05:16.380 A tariff has to be there.
00:05:17.500 Remember when he was kind of toying with everybody?
00:05:19.220 So, of course, he has to do this and use it this way because this is a way of doing – taking the weight off and saying the Democrats – because, okay, Rob, can you do me a favor?
00:05:30.880 And do you have that clip of Trump calling out the Democrats in the House for, you know, this is a Democrat shutdown, this is a Democrat shutdown, this is a Democrat shutdown?
00:05:39.360 He is playing politics because the other guys are playing politics.
00:05:42.620 So what is he going to do, just sit there and take it?
00:05:44.400 Go ahead, Rob.
00:05:45.400 Well, I call them Democrat layoffs.
00:05:48.000 They're Democrat layoffs.
00:05:49.700 They're causing it.
00:05:50.900 We're ready to go back.
00:05:52.420 You know, we have a record-setting economy.
00:05:54.600 We have a record-setting country.
00:05:56.600 Prices are way down.
00:05:58.180 We're doing better than the country has ever done.
00:06:00.700 And the Democrats hate seeing that.
00:06:02.620 It's up to them.
00:06:04.000 Anybody laid off, that's because of the Democrats.
00:06:07.220 Okay.
00:06:07.760 So, Brandon, your thoughts on this?
00:06:09.340 Yeah, I disagree with both of you guys on tariffs.
00:06:11.600 But for the WIC payments, that's $600 million a month.
00:06:16.060 So I guess out of, if we raise $60 billion, that's not that bad.
00:06:19.260 I mean, but there's probably a lot too many people on WIC.
00:06:21.780 That program's been abused a lot.
00:06:22.960 But, I mean, I would ask you guys, is it important to have a strong industrial base and is it important to have a strong middle class?
00:06:27.760 Because the goal of tariffs is to strengthen both of those things.
00:06:31.340 And I think without a strong middle class and without a strong industrial base, we're vulnerable in an economic sense and in a national security sense.
00:06:38.420 How do tariffs strengthen the middle class?
00:06:42.000 Because it creates better middle class jobs.
00:06:44.280 Like, do you think it's a good thing that we have hollowed out factories in the middle of America? 0.53
00:06:47.440 No, I don't think it's a good thing.
00:06:48.000 I'm still trying to –
00:06:49.440 All right.
00:06:49.680 The leap is that you believe creating this tariff, using this tariff threat, will force companies back to the United States.
00:06:58.960 I actually don't think it goes far enough to.
00:07:01.260 Now, this is a –
00:07:02.680 Do you believe all these people who are pledging $500 billion or Apple, you know, a trillion dollars in various companies,
00:07:10.600 do you believe they're actually going to break ground on these plants that they're promising?
00:07:13.420 Yeah, I think NVIDIA is going to – I think Microsoft pulled out of what they said they were going to do.
00:07:19.300 But I think that at the very least, it's going to encourage some of them to do it.
00:07:21.840 So you're big corporate guys, CEOs, right?
00:07:24.560 Patrick, you guys talk to them all the time.
00:07:27.440 Their outlook isn't the next year, year and a half.
00:07:31.320 Their outlook is generally, yeah, what are we doing this year, but we want to do 10 years down the road, right?
00:07:35.680 Is any – would a great CEO pick any – Tim Cook, fine, Apple.
00:07:41.480 Well, isn't it in his best interest to tell Trump, yes, we're going to earmark a trillion dollars over the next five, 10 years to build plants here and build iPhones here?
00:07:52.120 And he just waits and sees.
00:07:53.420 Trump is moving the target with these tariffs all the time.
00:07:55.960 He just dropped an auto tariff.
00:07:58.240 Why – it would cost these companies a lot of money to do it.
00:08:01.280 It's cheaper to do business overseas.
00:08:03.120 Labor is cheaper.
00:08:04.120 The construction costs, capital expenditure costs are much lower overseas than here.
00:08:10.100 Why don't you just wait?
00:08:12.020 Why don't you just say, yeah, yes, we're going to do that.
00:08:14.300 Yes, yes, yeah, we're going to do that and wait and see if there's a MAGA president after that.
00:08:19.780 Otherwise, you're making major, major investments based on something that could go – if Trump wakes up and says, you know what, tariffs are off.
00:08:27.180 Now you've made all this investment here when it could be done cheaper and your competitor goes right to Taiwan and builds the stuff that they're going to be forced to build here at higher cost.
00:08:38.520 Yeah, it's a valid point that they could put that up, but it's never going to be a good thing for America that you're hiring other countries to build your products because that's taking away middle class jobs in America and taking away leverage and power from us from having our own supply line here.
00:08:52.500 Look at all the things that we were short on during COVID, like pharmaceuticals and critical things for defense.
00:08:57.400 So I don't ever see a good situation where we're building offshore, and that's going to help the middle class.
00:09:01.980 That's a big reason why the wealth gap has expanded so much because companies saved like 90% of manufacturing costs, and that costs a lot.
00:09:09.480 Look at all the old factories that have been hollowed out that are thriving in the 80s.
00:09:13.100 What's wrong with the wealth gap?
00:09:13.500 What's wrong with the wealth gap?
00:09:14.140 I mean, the middle class has gotten hammered, and the top 1% has gone up more.
00:09:20.160 It's free market, baby.
00:09:21.960 You know, you want to work hard.
00:09:23.140 You want to innovate better and stronger.
00:09:26.180 You think we're in a true free market?
00:09:26.900 Yeah, that's the goal.
00:09:28.260 I know it's the goal, but we're not in a free market.
00:09:30.400 Well, we're less free today than we were April 1st, the day before the tariffs went into play.
00:09:35.800 But generally, it's been a pretty good run for America and our markets.
00:09:39.640 So what do you think peak America was?
00:09:41.000 I would say probably the 1950s was a peak America economy.
00:09:43.740 I don't even know what that means.
00:09:44.980 I would say, like, in terms of the strongest middle class that we've had, I'd say the 1950s was probably peak America.
00:09:49.980 The strongest?
00:09:50.920 Yeah.
00:09:51.220 The way wealthier now than they were in the 50s.
00:09:53.540 Right now?
00:09:54.200 Hell yeah.
00:09:55.000 All right, so one person could work and support an entire family?
00:09:58.640 I'm just saying the middle class, the standard of living in the middle class is substantially higher now than it was in the 50s.
00:10:05.800 No, it's not.
00:10:06.200 Two people have to work for it to support a family and to even rent a house, let alone buy a house.
00:10:11.220 And their net worth is higher and they're living longer.
00:10:14.960 Yeah, against deflation, their net worth is much smaller, though.
00:10:19.640 The numbers are going up and up and up.
00:10:22.840 And yes, it's going up faster for the top 1%.
00:10:25.680 But so what?
00:10:27.080 Rising tide raises all boats.
00:10:28.860 No, it doesn't.
00:10:29.460 The cost to buy a house, it took an average of two and a half years of an average salary to buy an average-priced house in the 70s.
00:10:34.700 Today it takes nine years of an average salary to buy an average-priced house.
00:10:38.060 So, no, the middle class is getting decimated, and that's not good.
00:10:40.580 Like, the biggest barrier against socialism is a strong middle class. 0.98
00:10:43.920 And the worse off our middle class is the closer we get towards socialist tendencies.
00:10:47.920 That's why these college kids are freaking out about socialism today because they're—
00:10:51.360 Brandon, you've got people on EBT cards walking around with iPhones.
00:10:54.360 I think the standard of living in America is highest in the world.
00:10:58.320 But the lower class has actually been benefiting and going up in standard of living more than the middle class because of all the subsidies and all the welfare.
00:11:04.980 So that's a bad thing, too, is that the middle class works harder than the lower class and gets less.
00:11:09.540 I hear what you're saying, and these are all economic terms.
00:11:12.260 When you're going to school, you hear about what's your economic wealth versus the median versus the mean, right?
00:11:18.920 And there is a difference in that.
00:11:20.500 I get that versus inflation or what in today's dollars.
00:11:23.380 But the reality is we're living in bigger homes, driving more expensive cars, have more money.
00:11:30.420 There's an issue, though.
00:11:32.180 There's an issue there with the one leak that—I'm listening to both libertarian fully.
00:11:38.320 We're on the same page politically when it comes down to economy as a libertarian.
00:11:42.540 But you also have a very good point, in my opinion.
00:11:46.360 Rob, can you put—how many houses were we building 50 years ago per year?
00:11:51.060 Remember, we were building 500,000 houses a year, right?
00:11:56.060 Now we're building 50,000 houses per year.
00:12:00.620 So now these bigger companies are coming and buying up existing things.
00:12:04.360 Nobody is building.
00:12:05.460 Why?
00:12:06.360 The business of being in the building industry sucks today.
00:12:10.840 It is not a good industry to be in.
00:12:12.840 The margins are smaller.
00:12:14.120 You used to be able to make more money back in the days.
00:12:16.160 You're making less money to build.
00:12:17.900 You used to be able to profit a good amount.
00:12:20.000 Now you can't.
00:12:21.280 It's a very, very different situation on how many houses we were building then than today.
00:12:25.860 Rob, what is the data that we looked at, Brandon?
00:12:28.840 Yeah, let me grab that chart.
00:12:30.120 We have that.
00:12:30.660 We'll show it to you here in a minute when you're looking at that.
00:12:33.360 And there may be some correction on the numbers that I'm giving, but we'll get it for you.
00:12:36.760 And the average house, we used to build 1,200-square-foot homes.
00:12:40.940 Now we're not.
00:12:41.900 Now it's the averages.
00:12:43.240 We're trying to build 1,800 to 2,400-square-foot homes.
00:12:46.420 But there's no more starter homes.
00:12:48.320 It's kind of like when you want to end up having a nice car.
00:12:54.940 You start off with maybe a Ford Focus.
00:12:56.720 My first car was a used car, 1979 Honda Accord.
00:13:00.040 Then I bought a 1983 Chevy S10 Long Bad.
00:13:03.220 Then I went to a Mitsubishi Eclipse 1990 Turbo.
00:13:06.140 Then I went to an Expedition.
00:13:08.500 Then I had a setback and I went back to a Ford Focus.
00:13:11.300 Then I went to an S600 Mercedes.
00:13:13.180 Then I went to an Escalade.
00:13:14.340 Then I went to a Corvette.
00:13:15.320 Then I went to a Ferrari.
00:13:16.620 But it's like stepping stone to go.
00:13:18.380 Right here, look at this.
00:13:19.520 Number of new homes constructed under 1,400-square-foot.
00:13:22.920 Look how many we used to do.
00:13:23.980 We used to do 500,000 of them 50 years ago.
00:13:26.800 Right now we're doing 50,000 of these.
00:13:29.240 And this home isn't for people like you and I.
00:13:32.680 We have bedrooms that are 1,400-square-foot.
00:13:34.640 But this is for a starter family that's coming in that needs a property that's 25 years old.
00:13:40.340 I do think there's some challenges when we're looking at numbers like this.
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