David Stockman Says Americans Are Getting Duped by Trump Tariffs

Get Rich Education, Released on 5/16/25

Part 1 (part 2 below)

In this eye-opening interview, former White House insider and Reagan’s budget director, David Stockman, reveals the devastating truth behind U.S. trade policy. From inflated labor costs to manipulated supply chains, Stockman exposes why tariffs are not just ineffective they’re catastrophic. If you’ve ever wondered what’s really behind rising prices, global shortages, and economic uncertainty, this episode lays it bare. Whether you’re a curious citizen or a seasoned investor, you can’t afford to miss this brutally honest take from one of America’s top economic minds.

Part 2

David Stockman, former Reagan budget director, talks about Trump’s tariff policies—and why they could devastate American workers and consumers. While Biden’s economic decisions were flawed, Stockman tells how Trump’s approach is even riskier, benefiting lobbyists while hurting everyday Americans.

David Stockman is a former Republican congressman from Michigan and was President Reagan’s budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman’s Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America, Trumped! A Nation on the Brink of Ruin… And How to Bring It Back, The Great Money Bubble: Protect Yourself from the Coming Inflation Storm, and Trump’s War on Capitalism.

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