In this episode of The Rest Is Politics US, Katty Kay and Anthony Scaramucci discuss the economic implications of Donald Trump's recent actions, specifically the firing of the head of the Bureau of Labor Statistics following a disappointing jobs report. They analyze whether the numbers reflect the reality felt by Americans, the potential motivations behind Trump's blaming of a statistician instead of Jay Powell, and the broader implications of undermining confidence in America's independent civil service. They also explore the potential impact of tariffs, the AI-fueled tech boom, and the unpredictability of policymaking on the US economy, with Anthony providing insights from a Wall Street perspective. The conversation touches on the culture war, international capital allocation, and the potential for a rate cut by Jerome Powell, while also teasing an upcoming series on Ronald Reagan.
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