The MeidasTouch Podcast Summary
Episode Title: UH OH! Trump Supporters INSTANTLY REGRET Their Vote
Release Date: November 10, 2024
Host: MeidasTouch Network (Brett, Ben, and Jordy Meiselas)
Introduction
In the episode titled "UH OH! Trump Supporters INSTANTLY REGRET Their Vote," the Meiselas brothers delve into the immediate repercussions faced by Donald Trump supporters following the 2024 presidential election. They blend insightful political analysis with their trademark humor and brotherly banter to explore the unforeseen consequences of Trump’s victory, particularly focusing on economic policies and their direct impact on everyday Americans.
Immediate Regret Among Trump Voters
Brett Misellas opens the discussion at [00:29], highlighting a significant shift among Trump voters who began to regret their decision almost immediately after the election results were announced. He states:
"Some Donald Trump voters are already regretting their votes and it has not even been a week. Now they are finding themselves in panic mode as they begin to realize how disastrous Trump's policies will be for them."
- Brett Misellas [00:29]
Brett cites Google Trends data showing a spike in searches like "Change my vote" and "How can I change my vote" immediately following the election. He points out key states such as Oklahoma, Utah, Wisconsin, Pennsylvania, and North Carolina, where this sentiment was most pronounced.
Economic Impact of Trump's Tariffs
A substantial portion of the episode centers on the economic fallout from Trump's tariff policies. Brett explains how these tariffs are adversely affecting businesses and consumers alike.
"A lot of these voters did not realize how damaging Donald Trump's tariffs would be to them. They thought that it was a tax on China and not on themselves and that it wouldn't lead to higher prices for themselves."
- Brett Misellas [02:15]
Case Study: Small Business Owners
Brett references a YouTube video by comedian Walter Masterson, illustrating a small business owner realizing the personal impact of Trump's tariffs. During the interview segment at [03:03], a Trump supporter initially misunderstands how tariffs work, believing that the costs would not directly affect him:
"If we tax them, hit tariffs, the same item they're making over there will cost the same to make over here."
- Trump Supporter 1 [03:14]
However, through the conversation, the supporter acknowledges:
"The consumer foots the bill."
- Trump Supporter 1 [04:16]
This exchange underscores the lack of understanding among some supporters about the direct economic consequences of Trump's policies.
Expert Analysis: Mark Cuban
Mark Cuban weighs in on the situation, discussing how companies are preemptively adjusting to anticipated tariffs. Brett shares:
"Every company that imports from China is taking all the cash they can muster and buying up as much as they can and stuffing it in a warehouse in anticipation of the tariffs."
- Brett Misellas [04:30]
Cuban explains that this behavior diverts funds from essential business operations like expansion and employee bonuses, ultimately leading to increased prices for consumers.
Real-World Consequences
Brett shares firsthand accounts from voters and businesses experiencing the immediate effects of Trump's policies.
Personal Stories
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Small Manufacturing Company in Pennsylvania:
An American woman recounts how her husband, a Trump supporter working in a small manufacturing company, faced the cancellation of his annual Christmas bonus due to the need to purchase a year's worth of products in anticipation of tariffs."They all thought the foreign company paid the tariff. This is the level of ignorance voting against their own interests here in Pennsylvania."
- Brett Misellas [06:00] -
Neighbor's Realization:
John Cooper describes explaining tariffs to a neighbor who initially believed that China would bear the cost, only for the neighbor to realize the financial burden would fall on American consumers."I explained how tariffs work. I wish you could see the look on the guy's face when it sunk in."
- Brett Misellas [07:00]
Corporate Response and Job Cuts
The podcast highlights how major corporations are responding to the new tariff policies, leading to significant job cuts and altered business strategies.
-
Nissan:
Nissan announces a reduction of 9,000 jobs and slashes sales forecasts due to plummeting sales and the expectation of higher prices from tariffs. The CEO remarks:"We'll be lobbying in the direction of our medium to long term plans should remain, but we will conduct our business while monitoring the situation carefully."
- Brett Misellas [09:00] -
Stellantis:
Stellantis plans to cut 400 union workers in Detroit as part of operational realignment to ensure a strong start to 2025 amid the tariff-induced market instability."As Stellantis navigates a transitional year, the focus is on realigning operations to ensure a strong start to 2025."
- Brett Misellas [09:30]
Inflation and Consumer Prices
CNN's analysis is presented, emphasizing that consumers will face higher prices across various goods due to the tariffs. Brett notes:
"If we get tariffs, we will pass those tariffs costs back to the consumer."
- CEO of AutoZone [10:15]
He further discusses the impact on technology and gaming industries, where prices for consoles like the PS5 could increase by up to 40%, affecting Gen Z gamers and tech enthusiasts.
Social and Political Repercussions
The episode also touches on the social tensions within the MAGA movement, highlighting instances of racism and exclusion that are emerging post-election.
MAGA Family Discord
A Nigerian American Trump supporter shares a heartbreaking experience where a fellow supporter dismissed him based on his race, despite his allegiance to the movement.
"That really broke my heart that some guy would say that. Extremely heartbroken."
- MAGA Supporter [14:53]
Immigration Policies and Labor Concerns
Brett Misellas addresses the controversial immigration policies proposed by Trump, which threaten to deport up to 15 million undocumented immigrants, severely impacting various industries reliant on this labor force.
"Trump wants to deport people who do bad things. I have not broken any laws. I hate to say it."
- Undocumented Immigrant from Guatemala [15:10]
Jim Banks, a senator-elect, dismisses business concerns, insisting that a mandate to deport is non-negotiable:
"A mandate is a mandate."
- Jim Banks [16:15]
Meanwhile, Michael Marsh, President and CEO of the National Council of Agriculture Employees, expresses concern over the potential loss of workforce essential to sectors like agriculture and hospitality.
"What do you say to him and others who really do rely, even hospitality, who rely on these undocumented migrants?"
- Michael Marsh [16:35]
Climate Change Initiatives Amid Political Shifts
Amidst the political turmoil, Lori Loades, Executive Director of Climate Power, emphasizes the ongoing commitment to climate initiatives under the Biden-Harris administration. She warns against Republican efforts to dismantle the Inflation Reduction Act, highlighting the tangible benefits such as job creation and reduced energy costs.
"When threatened, people realized what they would lose... refuse to let this hard-won momentum slip away."
- Lori Loades [07:33]
Conclusion and Call to Action
Wrapping up the episode, Brett urges listeners to stay informed and engaged, emphasizing the importance of holding Trump accountable for his policies.
"We are going to hold Trump accountable. We are going to expose him every single day. And that's only possible thanks to you."
- Brett Misellas [17:11]
He encourages the MeidasMighty community to subscribe, comment, and follow their social media channels to continue the conversation and stay updated on crucial political developments.
Key Takeaways
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Immediate Regret: A notable number of Trump supporters are experiencing regret soon after the election, particularly due to unforeseen economic policies.
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Economic Fallout: Trump's tariff policies are leading to increased costs for businesses and consumers, job cuts, and altered corporate strategies.
-
Social Tensions: Internal conflicts within the MAGA movement are surfacing, including instances of racism and exclusion.
-
Immigration Policies: Proposed deportations threaten essential labor forces across multiple industries, raising significant economic and social concerns.
-
Climate Initiatives: The Biden-Harris administration remains committed to climate action, facing opposition from Republican factions aiming to dismantle existing policies.
For those interested in the intersection of politics, economics, and social issues, this episode provides a comprehensive analysis of the immediate and long-term consequences of Donald Trump's policies post-election.
