Trump's "Economic D-Day," Cheap Beef, and $40 Trillion Debt || 1812 episode artwork

EPISODE · Aug 24, 2026 · 59 MIN

Trump's "Economic D-Day," Cheap Beef, and $40 Trillion Debt || 1812

from Good Morning Liberty

Trump is promising an "economic D-Day" against Iran while trying to lower beef prices by temporarily removing a tariff. So tariffs don't raise prices... except when removing them lowers prices? Nate and Charlie break down Trump's new economic pressure campaign against Iran, the oil-market reaction, and whether decades of sanctions give us any reason to expect a different result this time. Then it's beef. Trump announced a 90-day plan allowing hundreds of thousands of metric tons of ground beef to enter without the out-of-quota tariff, while promising cheaper prices and more room for American cattle producers to grow. The guys dig into the incentives, Thomas Massie's response, and the obvious tariff contradiction. Finally, the national debt has crossed $40 trillion. Did the Bush and Trump tax cuts create the debt problem, or does Washington simply spend every dollar it can get its hands on? Plus: 91% tax rates, government roads, patents, AI data centers, and a viral claim about Gary, Indiana that sends the show completely off the rails. Follow the show, share this episode, and leave a rating or review. If you disagree, even better. Tell us why. #Libertarian #NationalDebt #Trump #Iran #Tariffs Chapters 00:00 Ron Paul Was Right 02:30 Trump's "Economic D-Day" Against Iran 07:00 Why Did Oil Jump After Trump's Announcement? 12:45 Trump's 90-Day Plan to Lower Beef Prices 16:15 Thomas Massie Goes After the Beef Deal 26:30 Did Trump Just Admit Tariffs Raise Prices? 27:45 America Hits $40 Trillion in National Debt 31:30 Did Republican Tax Cuts Cause the Debt? 34:45 The 91% Tax Rate Myth 40:45 Government, Roads, Innovation, and Patents 44:45 Are Data Centers Destroying Your Town? 52:15 The Gary, Indiana Power Outage Fact-Check Links Join GML: joingml.com All GML Links: gml.bio.link Watch All Episodes: https://www.youtube.com/playlist?list=PLi78svKlBr_8o0dDOX8DxO_Wwxu6WYhhA Watch Host Favorites: https://www.youtube.com/playlist?list=PLi78svKlBr__Zu40RL7mWxCuOOe54zgy2 Join the Fed Haters Club: https://www.goodmorningliberty.us/fedhatersclub Martens Minute: https://martensminute.podbean.com/

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Trump's "Economic D-Day," Cheap Beef, and $40 Trillion Debt || 1812

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