A Tariff Revenues Controversy. Governor Newsom's irony and an audience devoid of humor. More Tibits on Corruption and Predictive Guilt and Sentencing episode artwork

EPISODE · Aug 30, 2025 · 58 MIN

A Tariff Revenues Controversy. Governor Newsom's irony and an audience devoid of humor. More Tibits on Corruption and Predictive Guilt and Sentencing

from Plato's Cave: Economic and Media Analysis in a Dark Time · host Professors Bill Waller and Linda Robertson

We discuss the Congressional Budget Office's projection of tariff revenues and whether those revenues will cover the costs of the tax cuts in his Big Awful Bill.We also discuss the recent use of parody and irony by Governor Newsom of California, to illustrate the hypocrisy and foolishness of Trump's use of social media to corrupt political discourse. We also note that neither Trump nor his followers seems to have the capacity to understand either, while possessing a sense of humor less sophisticated than that of most five-year-old children.We return to the topic of Trump's ongoing attempt to fire Federal Reserve Board Governor Lisa Cook, as a continuing part of his attack on the Federal Reserve System.Additionally, we observe Trump's attempts to distract the public from the consequences of his policies by issuing clearly ridiculous executive orders, which attract news coverage, that the media can't seem to resist. These include, an unconstitutional executive order making flag burning a criminal offense with a one-year prison sentence because it incites riots (Trump knows a great deal about inciting riots and insurrections). He is also floating a proposal to use the National Guard to invade Chicago and Baltimore.And he has thrown tantrums over the "blue slipping" of a judicial nomination in the Senate and a Trump-appointed district judge throwing out his lawsuit against all the Maryland Federal District Court Judges because the lawsuit had no legal or constitutional basis.

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A Tariff Revenues Controversy. Governor Newsom's irony and an audience devoid of humor. More Tibits on Corruption and Predictive Guilt and Sentencing

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