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Becker Private Equity & Business Podcast
Trump Attacks & Chickens Outs: A Misguided Narrative 6-4-25
00:04:03
In this episode, Scott Becker discusses the controversial “TACO” narrative.
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This is Scott Becker with the Becker Private Equity in Business podcast. So just to to warn you, this is likely to be our least popular podcast in a while, particularly among certain circles. Before I get started, a couple notes. Thrilled to be ranked first today in the Apple business knows podcast rankings also recently passed 7 million downloads. Between this and the other podcasts that we host, we're at about 25 million downloads. So God bless our listeners, our guest, our audience and our sponsors. Thank you so much. So today's discussion is about the phrase Taco. Taco has been used to describe the President. It's a concept used by journalists and pundits and political enemies to try and inspire the bull President Trump to do dumb things or to try and be derisive towards the President. And Taco stands for Trump attacks, then chickens out. You know, if you're talking about a bully, probably no better way to egg him on than to say he attacks and chickens out at the end of the day. And here's where this is going to be a horribly unpopular podcast. He is dealing with some problems that have been promised for a very long time. And I'll agree he's doing a horrible job on the federal deaths. I don't think he's doing anything on it. But in terms of the trade war, there are certain countries that tariff us that we don't tariff. It's been an incredible imbalance for a very long time. I don't mind a trade imbalance when I mind is unfair trade where other countries tariffs, we don't tariff them. So what I like about the President is this. And they could call it Taco. I would say this. I wish an entrepreneur tests things and tries it back. Tests them and tries them back. I'm guilty of this. I wish we had more presidents who were entrepreneurial and saw an error in what they did and changed course and made pivots. And made pivots. The market. The stock market, which is one barometer but not the all in barometer, is already almost entirely back from the panic that came when his initial trade gambits were overdone when I see him changing and evolving, for better or for worse. I don't love him. I don't love or hate him. I think there's all kinds of things wrong with him, all kinds of things fight with him. But calling someone who's smart enough and engaged enough who adjust a Taco, I think is such a bad narrative characterization. Now, again, I don't love or hate him, but I'm a huge fan of entrepreneurs, of leaders that make adjustments. They see something, make adjustment. Came into office being very harsh in Ukraine, very pro Russia. He finds that Russia is hard to deal with, as President Obama did when President Obama famously said we're going to reset with relationships with Russia and then found it wasn't as possible as he thought. And then he adjusts and that's what he's doing. So I am thrilled to see a president, for all his warts, for all his challenges, to be more engaged than not. I don't want to compare him to President Biden. President Biden, by all accounts, a pretty good person. It turns out, as you read all the bios and all the information, that Kamal Harris is actually probably a better person. But who knew? But the fact is President Biden was not engaged. So I'd much rather have a president who's engaged and try to fix some serious problems and be engaged in the world than not. And with that's going to come some pivots and some entrepreneurial changes. If people that are pundits want to call it Taco Trump Attacks chickens out. I just think it's totally misguided. Thank you for listening to the Becker Private Equity and Business Podcast. I'll tell you what, I'll make you a deal. My guess is this will be one of the most unpopular podcasts. If you have a comment on this and you're the first person to text me with a comment on this, text 773-766-5322. I'd love to hear your opinion. You could hate it. You could like it. I don't care if you're the first person to text. I'll send you a $100 gift certificate to Amazon. Rebecca Becker Private Equity Business.
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