Matt Gagnon discussed the potential benefits and drawbacks of Trump’s tariff policies, emphasizing the need for clear communication. He argued that Trump’s tweets serve as modern-day Fireside Chats, though less effective due to the fragmented media landscape. Gagnon criticized the economic rationale behind tariffs, noting that they act as taxes, reducing trade and increasing costs. He highlighted the historical context of tariffs, noting their decline with the advent of the income tax.
The American job market continues to show surprising strength, shrugging off the high costs of the Iran war. Employers added 172,000 jobs in May – roughly double what forecasters had expected – and the unemployment rate remained at a low 4.3%.
A Colorado court reversed homicide convictions against two paramedics on Thursday in the death of Elijah McClain, a Black man who was pinned down by police and injected with a fatal dose of ketamine.
The state of Florida filed a lawsuit against OpenAI and CEO Sam Altman on Monday, claiming the company knowingly released and aggressively marketed ChatGPT to the public while concealing serious risks.
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