Transcript
John Podhoretz (0:00)
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Seth Mandel (0:26)
Hope for the best Some preach and pain Some die of thirst no way of knowing which way it's going Hope for the best, expect the worst welcome to the Commentary Magazine Daily podcast. Today's Tuesday, February 4, 2025. I am John Pot Horitz, the editor of Commentary magazine, importuning you yet again. To sign up for our daily newsletter written by our own Abe Greenwald, go to commentary.org go. You'll see the top menu right there when you pop in. In the middle of the top menu is the word newsletter. You click on newsletter, you put in your name, you put in your email address and you will be receiving a daily newsletter from our own Gabe Greenwald around 4pm every weekday, along with links of interest from commentary.org and our magazine. The articles on commentary.org, the blog posts are largely written by our own Seth Mandel. The articles come from a variety of writers in every month and indeed over the course of the almost 80 years that we have been publishing. So that is a Greenwaldsnewsletter commentary.org right at the top. Newsletter. Click on it Name Email address. You'll get it. You'll love it. People are loving it. Got thousands of people reading it. It's only been around for a couple of weeks. Very positive feedback for our friend Executive editor Abe Greenwald. Hi Abe.
Abe Greenwald (2:04)
Hi John.
Seth Mandel (2:04)
And for his colleague, Senior editor Seth Mandel. Hi Seth.
John Podhoretz (2:08)
Hi John.
Seth Mandel (2:10)
So we talked over the weekend about how there was this moment where I can't even remember now because everything's going so fast. Was it that we were taking the Panama Canal or we were going to invade in Greenland and everybody was hysterical and then by the time the people were tweeting, the news had already shifted to something else. Like that was Sunday. Do you remember?
Abe Greenwald (2:36)
That was Columbia.
Seth Mandel (2:37)
Excuse me, Colombia. You see? You see, I missed the country. So Colombia. Okay, so we have just been taken yet again by the trade war and I'm feeling a little shame faced because we did spend much of yesterday earnestly talking about the dangers of a trade war and tariffs and what they might portend and the McKinley administration and the Jackson Ministry. How much money were raised by tariffs versus how much is raised by income taxes. Why this is really not a workable system. Trump announces these tariffs on Mexico, Canada and China. And by the end of the day, Trump is taking off the shelf already extant programs from Mexico and Canada, saying, see, they've bent to my will. They are doing what I want them to do, things that they had already done and I've won. And then the funny part is liberals like Katherine Rampel of the Washington Post saying, Trump got rolled. Now, you would think that she would want to praise the fact that the trade war didn't happen, but of course, like most people, what she really wants is to score a political victory against Trump. I'm just feeling like the guy. It's like Lucy in the football, or the guy who exits the tent because he reads something that says this way to the egress or I should have known. Got eight years of Trump, nine years of Trump, 10 years, actually 30 years, 35 years of Trump. As a New Yorker, I should have known that this was vaporware, that he was announcing it, that there would be a band aid put on it, that he would claim victory. Shouldn't have taken it seriously or literally, maybe, because, of course, it's a 30 day pause. And I guess we could go into a trade war at the end of February, but it's getting to feel a little like the Dread Pirate Roberts and Wesley on the boat in the Princess Bride, where every single day, Wesley, the stowaway, says to the Dread Pirate Roberts, good night, Dread Pirate Roberts. And Dread Pirate Roberts says, okay, well, I may kill you tomorrow. And then 25 years later, Wesley is the Dread Pirate Roberts. He sort of takes over the Dread Pirate Roberts franchise. And I think that's probably more likely to be the case in the world of the Trump trade war, given what happened yesterday. Well, that's my deep, cynical, but I think meliorist interpretation. Since I do not want there to be a tariff war, I think it would be catastrophic. So this is better than that.
