My video aged like milk

Hinzugefügt: 2026-05-17

[00:00:00]I want to apologize. I want to apologize for making a video that has aged like milk. Do you know which video I'm talking about? This is the video.

[00:00:10]It's called Do Presidents Control the Economy? I released it what, a year and a half ago now? In this video, I made the argument that no presidents mostly don't control the economy. Clearly, that did not age well.

[00:00:24]Trump has definitely heavily influenced the economy in his second term. In my defense, Trump is unlike any other president in American history. I mean, you already all knew that, right? In this video, I did state that okay, there are some things the president can do to influence the economy. Congress has given more and more powers to the president to control tariffs. Um they could do some executive orders. They got the bully pulpit. Other than that, Congress has way more power over the economy than the president, at least historically. For the first 248 years of our history, that was absolutely the case. I got to stand by this, okay? I was basing this off the information I had available at the time. I released this video before Trump got elected to a second term. I argue it's for two reasons. Number one, we currently have a weak, pathetic, do-nothing Congress that mostly just follows Trump's lead on everything. And two, Trump has single-handedly went out of his way to destroy the world economy with the war.

[00:01:28]I need to add another caveat here. I should say, Trump still has limited ability to do damage. Many of his tariffs have been struck down by courts, not just in the United States, but worldwide. But I I think his tariffs, which are unconstitutional, have went way beyond any previous president. His tariffs are directly responsible for inflation over the last year or so. More of an impact though is this freaking war in Iran. Trump and his administration have single-handedly got us into this war. It led to the closing of the Strait of Hormuz. Think about it. If he does no tariffs, if he doesn't invade Iran, I argue inflation would actually be going down right now, not up. I still stand by like it's in normal times if we had a normal [music] president, not Trump, that presidents have very little control over the economy, so.