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Showing Original Post only (View all)'At Risk Of My Job': CNBC Reporter Sounds Alarm On 'Insane' Donald Trump Move [View all]
Source: HuffPost
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“I’m going to say this at risk of my job but what President Trump is doing is insane. It is absolutely insane,” Liesman said on Tuesday’s broadcast of “The Exchange.”
“And now he’s saying he’s putting 50% tariffs on Canada unless they agree to become the 51st state,” the journalist continued. “That is insane. There is just no other way of describing it.”
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“The other thing that’s not talked about,” he added, “is what’s going on within the administration in terms of how they’re treating the Constitution and laws.”
“I think all of that is bad for the attraction of capital,” Liesman argued. “We need massive amounts of capital if we want to fund our deficits, pay for the things we want to pay for, sell our bonds and have high stock prices. And it seems as if this administration is doing everything it can to chase foreign capital away.”
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Read more: https://www.huffpost.com/entry/cnbc-reporter-donald-trump-economy_n_67d12d53e4b02a1e69bdc4e1
This was a real "The emperor has no clothes" moment for CNBC. I haven't heard yet whether Trump is openly calling for Liesman to be fired, but I suspect that's already happened behind the scenes.
Video at the link. Liesman starts talking about 2:50 there, but that video cuts off a few seconds before the video Brian Tyler Cohen posted on Bluesky:
What the CNBC video cut off was Kelly Evans foolishly trying to suggest this is "insanity as a strategy" - which Liesman immediately interrupted: "Insanity's not a strategy."
