The Adam Mockler Show - Watch MAGA Host Panic as Trump's Economy SPIRALS

Episode Date: May 1, 2025

Adam Mockler with MeidasTouch Network breaks down how Donald Trump’s first 100 days just triggered a full-blown economic crisis with GDP shrinking, markets tanking, and consumer prices surging. Joi...n my Substack as a free or paid subscriber: https://www.adammockler.com/subscribe Become a member to support me! https://www.youtube.com/Adammockler/join https://patreon.com/adammockler Adam Mockler Socials: Subreddit: https://www.reddit.com/r/AdamMockler/ Discord: https://discord.gg/y9yzMU3Gff Instagram: https://www.instagram.com/adammockler/ Bluesky: https://bsky.app/profile/adammockler.bsky.social Twitter: https://x.com/adammocklerr/ TikTok: https://www.tiktok.com/Adammockler Contact me at: askmockler@gmail.com Adam Mockler - amock LLC Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:00 All right, so yesterday, the U.S. economic report came in. Q1, GDP is down. Yeah, because of Trump. The biggest danger to the Trump administration and their agenda is themselves. It's very clearly an economic downturn. That too, yeah. By far, it's not particularly close. I've been saying this now for months.
Starting point is 00:00:17 If there were to be an economic downturn under President Trump, the rest of the very important agenda items that he is pursuing, everything from illegal immigration to wiping DEI out of the federal government, everything from rebuilding the United States military to Doge, All of it goes out the window if the economy falls because the way the American people think about politics is quite simple when it comes to presidents and the economy. I mean, okay, he's right here and we'll finish playing this in one second, but we do have some massive breaking news regarding the economy. The Trump administration is in a very tight spot because they have put our economy on the verge of collapse. And keep in mind, this was all self-inflicted.
Starting point is 00:00:52 This was an unforced error on behalf of Trump because the economy was doing relatively well. Yes, there were a lot of problems with wealth, inequality, and wages, of course. But we were on the verge of a recession in 2022, and Jerome Powell and Biden were able to stick this off landing relatively well. Inflation came back down. We were on the right path, at least, even though the economy was far from perfect. And Trump has yanked us off of that path. This article describes how in less than a week, our economy will be in a tight spot.
Starting point is 00:01:21 I mean, let's just start here, and then we'll go back to Ben Shapiro. Make sure you drop a like, drop some blue hearts. And this thread reads, The White House has put itself and the country in a bad position, but doesn't even realize it yet. Around April 10th, China to U.S. trade shut down. But it takes about 30 days for containers to go from China to L.A. So we're technically still experiencing the trade from Pre-Liberation Day. 45 days to Houston by C.
Starting point is 00:01:49 And 45 days to Chicago by train. Then 55 to New York. So there's going to be a massive delay in the effects. That means that there are no economic effects of what was done. on April 10th until about May 10th because it takes 30 days for these tariffed ships to reach the shore. Around that time, it's already started to happen. Trucking work is going to dry up. Warehouses will start doing layoffs because no labor is needed to unload containers, reducing the need for shipping labor. All of this will start in the Los Angeles area.
Starting point is 00:02:17 And please, please, please, do not mistake this as me trying to panic you economically. All of the advice from any person who has a respectable economic philosophy like Warren Buffett, or anyone. It's just keep a steady hand. Do not panic. I can't give financial advice, but you never want to panic move around your money. Like in the 2008 crisis, if you would have done anything panicked or sold your whole portfolio, then you probably would have been screwed. So just let let everything run its course. And my advice would be don't panic. But what do I know? What do I know? That being said, stocking up an extra toilet paper and toothpaste, that's not a bad idea. But I'm just worried that people are going to like panic sell all of their assets. But what do I know? I don't
Starting point is 00:02:57 know anything, don't take advice for me. This says, after about two weeks, it'll start hitting Chicago in Houston. Let's say the White House, after three weeks, changed his mind on May 31st. They say, quote, this isn't working out like we thought it would. Tariffs back to zero. Let's say China then says, bygones be bygones. We'll go back to how things were. Let's say every factory in China that got screwed by their orders being canceled says the same thing. Quote, no problem will make and ship. The problem is, even under the most favorable conditions of China and the factories, restarting economic ties as if nothing happened, it would take another 30 days before economic activity is activated and revived due to the 30-day delay between shiving.
Starting point is 00:03:37 And that's just in L.A. Remember, in Chicago, you then need to wait another 45 days. In Houston, 45 days. And New York at that point would still be getting containers from before April 10th because they have a 50-day delay. The whole situation is a bit like COVID lockdowns. I believe I said this at the beginning, but we are on the verge of a COVID-esque-style lockdown. And this says the whole situation is a bit like the lockdowns.
Starting point is 00:03:59 Once you shut down, it takes a long time to get economic activity back to where it was, if you ever can. I was at the Trump rally, the 100-day celebration rally in war in Michigan a few days ago to debate his supporters, to push back. And a lot of them were saying, oh, it's just going to be like COVID. We survived COVID. The only difference is many, many people didn't survive COVID. Many people had their lives ruined.
Starting point is 00:04:22 But number three, this is an unforced error, a self-end. inflicted error entirely. Now let's move on to this updated article from this morning. Some of the last cargo ships carrying Chinese goods without crippling tariffs are currently drifting into U.S. ports. And this builds directly off the back of what I was just reading how there's a 30-day delay. So keep that in mind. Cargo ships from China loaded after April 9th will carry with them the 145% tariff that Donald Trump slapped on goods from the nation last month. Next week, those goods will arrive. But there will be fewer ships. chips at sea and they will be carrying less cargo. For many importers, it is too expensive to do business
Starting point is 00:05:01 with China. Yet China is still one of America's most important trading partners. It's where we get most of our clothes, footwear, electronics, and microchips, which power appliances, thermostats, and anything else that beeps. Businesses are making a difficult choice. Continue selling products from China at more than double their previous prices or stop selling these products altogether. For consumers, that means that some products will be hard to find or may be expensive to buy. Listen to this. Starting next week is when we'll see the arrivals of the tariff announcement or the stuff that was tariffed on April 2nd. Remember, it takes 30, roughly 40 days, said the executive director of the port of Los Angeles. Quote, cargo coming into Los Angeles will be down 35% compared
Starting point is 00:05:42 to a year ago. Imports into the United States during the second half of the year are expected to fall at least 20%, which means if there's less of a supply, in the same amount of demand, prices will increase. J.P. Morgan expects a 75 to 80% drop in imports from there. That would essentially nuke the economy. Let's hear what little old Ben Shapiro has to say about it because most conservatives have their head buried in the sand and their eyes closed. But I tuned into his show randomly this morning. And this dude is actually kind of like ragging on Trump's economic policy. If the economy is good, the president gets the credit. If the economy is bad, the president gets the blame. It is really that simple. Well,
Starting point is 00:06:19 yesterday, the GDP report came in and it showed negative GDP growth, two consecutive cores of negative GDP growth is typically termed a recession in sort of technical terms. Now, obviously, Americans are feeling very skittish about the economy in general right now. And feelings, unfortunately, don't care about your facts when it comes to the economy very often. Sometimes people feel worse about the economy than it actually is. Sometimes they feel better about the economy than it actually is. But all of those feelings tend to make themselves actually heard in the economic statistics eventually because people are buying and selling and doing all these things based on what they feel
Starting point is 00:06:53 their own personal financial status is. According to the Wall Street Journal, the U.S. economy contracted in the first three months of 2025 as businesses rushed to stock up on imports ahead of the Trump administration's tariffs and consumer spending slowed. The Commerce Department said U.S. GDP fell at a seasonally and inflation-adjusted 0.3% annualized rate in the first quarter
Starting point is 00:07:11 that was the first contraction since the first quarter of 2022. And this is self-inflicted, caused directly by Trump. I just had to point that out. Consumer spending did increase at 1.8%. That is the smallest increase since, mid-2023, spending by the federal government fell, but the main driver of the first quarter contraction was, wait for it, the tariff war. Of course, of course. It turns out everyone has been on the edge of their seats. It's a roller coaster, this tariff war at best. Investors have pulled their
Starting point is 00:07:39 money out. If, in fact, they are spending, they are attempting to beat the tariffs to the table. They're essentially buying things, stocking up on imports before the tariffs hit. Net exports, the difference between what the United States imports and exports, subtracted nearly five percentage points from headline GDP. This was the biggest quarterly drag from net exports on record dating back to 1947. I actually feel like there might be a pretty good chance. Wait, did he say 1947? Damn. But I actually think there might be a pretty good chance that Trump's insane, unpredictable, erratic economic policy will make a lot of median voters look back on the Biden admin and realize that he had a steady end. Obviously, we understand that Biden and
Starting point is 00:08:19 Jerome Powell were able to stick this off landing through having a steady hand and through some very careful legislation on Congress and Biden's part. But a lot of American voters think that Biden crashed the economy or that inflation was terrible under Biden. That is just what is reflected in the polls. Many people think that. But after Trump's actual like self-inflicted, sabotage economic policy where he just wants to tank the economy, maybe people will realize, holy shit. the old man actually was just like had a steady hand at the wheel and was not crashing our economy. So basically imports actually radically increased because everybody was trying to get in under the wire before all the tariffs kicked in. Imports subtract from the Commerce
Starting point is 00:09:02 Department's calculation of GDP because they represent the spending on foreign made goods and services. So does this mean the economy is weak? It doesn't. The economy is not in fact week. The economy in the absence of the trade war remains fairly robust at this point, not like 5% GDP robust, but ready to grow. Deregulation and tax cuts without the trade war, and you'd have a booming economy right now, which is why I've been saying, Peter Navarro needs to be fired. Just let Scott Bessent run this ship. That's all. Just let it happen. Because of lack of faith in the American economy, de-dollarization continues. This is foreign economies moving away from investment in the American dollar. According to Axios,
Starting point is 00:09:42 The U.S. dollar index in Trump's first 100 days fell 9.5% compared to- So Ben Shapiro spends a good amount of the video just listing off the economic, what's the opposite of accomplishment, the economic pitfalls that have been caused by the Trump admin over the past 100 days, and good, we're about to have idle ships, we're about to have empty ports. At the port of Shanghai and China, the biggest cargo ships are sitting idle. Shipping companies have even begun using smaller ships to move cargo as demand softens. Even so, sailings from China to the U.S. fell 60% in April, and we will see prices raise. Higher prices on store shelves coming in weeks.
Starting point is 00:10:20 Once the cargo hits U.S. ports, the goods take as little as a few weeks to hit store shelves. And when the current inventory runs out, more expensive tariffed items will make their way onto shelves. There's a lot of concern right now. Right now, retailers are in the process of trying to figure out their back to school and Christmas orders, and how and when they're going to place those. Lord have mercy, caused directly by the guys. who promised to lower prices on day one. I will keep you all updated.
Starting point is 00:10:44 Make sure you drop a like. Subscribe. I love you all. See in the next one. Peace out.

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