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S15 EP149: Hour 2 - Common Sense Economics

Episode length: 37m

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Erick Erickson turns the second law of thermodynamics into an economics lesson and lands it on Seattle: Starbucks is cutting 224 corporate jobs, including 120 employees who refused to move to Nashville, and between Brian Niccol's restructuring and Amazon's exodus, Washington State's progressives have taxed and regulated their own economy cold while Nashville takes 1,500 to 2,000 new residents a week. Then he refuses to let the tariff argument go, noting that President Trump just suspended the 25 percent tariff on imported beef and guaranteed the beef will now sell 25 percent below market, which is exactly the number his own listeners insisted had nothing to do with prices. The hour ends with Oreo Gate, the viral elementary school mom group chat that another mother ran through AI and turned into gospel music, and Erick is fully emotionally invested.

  • Starbucks lays off 224 in Seattle, 120 of them for refusing Nashville, as Brian Niccol chases $2 billion in cuts and the "Back to Starbucks" plan while Amazon and The Daily Wire also head for Tennessee
  • Economic thermodynamics: heat moves to cold, but capital moves cold to hot, and Erick's warning to the Tennessee legislature that Nashville is becoming Austin
  • Trump drops the 25 percent beef tariff on 300,000 metric tons for 90 days and promises 25 percent lower prices, and Erick collects on being right about tariffs, mercantilism, and lobbyist carve outs for electronics while grocery stores got none
  • Caller Marty on who actually holds the $40 trillion national debt, why it is Americans and not foreign governments, the 2032 Social Security cliff, and George W. Bush's 2005 reform that everyone scoffed at
  • Oreo Gate: Michelle, Ava, Charlotte, Isla, and the mom who searched a five year old's lunchbox for contraband Oreos, plus Erick's own four Oreo lunchroom scandal
  • Caller Dave on the Strait of Hormuz, the vetoed Security Council resolutions, and why Erick would walk away from the United Nations and sell the real estate
Host:
Erick Erickson