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The Daily
03/22/25
•43m
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Why a Worrisome Economy Doesn’t Seem to Worry Trump
March 21, 2025
•30m
As President Trump has rolled out his economic agenda, the assumption has been that he would quickly scale back his most aggressive policies once they began to scare consumers and the financial markets. But that assumption turned out to be wrong.
Ben Casselman, who covers economics, and Maggie Haberman, who covers the White House, explain why Mr. Trump’s economic plan may be backfiring and why he doesn’t seem to mind.
Guest:
- Ben Casselman, the chief economics correspondent for The New York Times.
- Maggie Haberman, a White House correspondent for The New York Times.
Background reading:
- Mr. Trump has said a recession might be worth the cost. Economists disagree.
- Investors thought they had Mr. Trump figured out. They were wrong.
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Photo: Brandon Bell/Getty Images
Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.
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Sometime in the 1850s or ’60s, at a terrible moment in U.S. history, a strange man seemed to sprout, out of nowhere, into the rocky landscape between New York City and Hartford, Conn. The word “strange” hardly captures his strangeness. He was rough and hairy, and he wandered around on back roads, sleeping in caves. Above all, he refused to explain himself. As one newspaper put it: “He is a mystery, and a very greasy and ill-odored one.” Other papers referred to him as “the animal” or (just throwing up their hands) “this uncouth and unkempt ‘What is it?’”
But the strangest thing about the stranger was his suit.
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Subscribe today at nytimes.com/podcasts or on Apple Podcasts, Spotify and Amazon Music. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
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