David Freidberg’s most optimistic theory about Trump’s plans: The three-legged stool. Watch and remember when you’re arguing with the “Never Tariffs” people.
Leg 1) Tariffs
— encourages on-shoring of manufacturing
— increases supply chain security
— increases demand for domestic workforce
Leg 2) Reduced income taxes
— unleashes capital into the private sector
— potential pivot from income-based to consumption-based taxation
Leg 3) Reduced government spend
— slashing govt workforce frees up labor for private sector
— offsets inflation from tariffs
David Friedberg Predicts Trump's Master Plan
— The All-In Podcast (@theallinpod) March 11, 2025
On E218, the besties debated Trump's economic strategy, and what his endgame could be.@friedberg's most optimistic theory: the three-legged stool
leg 1) tariffs
— encourages on-shoring of manufacturing
— increases supply chain… pic.twitter.com/kRwam5uzaV