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Trump's Policies Are Bringing America Into A Recession
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Apr 12, 2025
As Trump's economic policies continue to wreak havoc on the economy, Americans should be prepared to suffer the consequences. Steve Schmidt breaks down the latest economic news and urges congress to take action against Trump. Subscribe for more and follow me here: Substack: https://steveschmidt.substack.com/subscribe Bluesky: https://bsky.app/profile/thewarningses.bsky.social Facebook: https://www.facebook.com/SteveSchmidtSES/ TikTok: https://www.tiktok.com/@thewarningses Instagram: https://www.instagram.com/thewarningses/ X: https://x.com/SteveSchmidtSES
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This is The Warning
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It is April the 8th, 2025, and we stand on the edge of a momentous American anniversary
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as the country stands today on the edge of an economic collapse, a looming recession
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and war with Iran. 165 years ago tomorrow, Robert E. Lee ran out of time, out of luck
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and out of chances. He was honored by a superior general, by a master strategist
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one of the greatest men the United States of America has ever produced, an ordinary man
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Ulysses Grant. When the war began, Grant was down and out. He was selling firewood on the streets
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of his hometown. His army career was over. He viewed himself as a failure. A few years later
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he commanded the most powerful army that had ever been seen in the history of the world
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the Union Army. Ulysses Grant came to take Robert E. Lee's surrender at the end of the Civil War
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at the home of a man named Wilbur McClain. McClain's original home was in Manassas
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The first major battle of the Civil War was fought all around it. The elites from Washington
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thought it would be a wonderful spectacle to come out and watch the battle in their horse and
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carriages with picnic lunches. They were shocked by the carnage and the horror as the wounded and
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the dead were carried bloodied back into Washington, D.C. Mr. McClain saw the horror of war and he
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moved away from it. He tried to evade it. He moved to the south and west of Virginia to a little town
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called Appomattox. But the war found him there. And the war that Trump is waging on America
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on the economy, on our alliances, on our values, on our prosperity, on due process
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on liberty, on our essential rights will come for us all. There is no escaping it
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and there is no evading it. Donald Trump has decided, absent any evidence, that he
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singularly, a man of genius, unrivaled in this modern age, can singularly see the economy that
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we will have at the expense of the one that we do, the one that made the United States the richest
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nation in the history of the world and the preeminent power in the world. Larry Summers
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former Secretary of the Treasury, said, what Trump is doing is to economics what creationism
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is to biology. Perfectly stated. This is fundamentalist economics. This is voodoo
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economics. This is madness. And like always, when madness meets power, there will be sycophants
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around to defend it all, no matter what. Let's watch. Let Donald Trump run the global economy. He knows what he's doing. He's been talking
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about it for 35 years. You got to trust Donald Trump in the White House. That's why they
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put him there Let him fix it The disaster cannot be evaded We are locked in We are trapped Because Trump cannot back down Because Trump cannot be wrong
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Should Trump back down and do what Elon Musk says, then he will have destroyed his presidency less than 100 days in
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He will be weakened, defenestrated, made to look like a fool. Trump knows that
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And so he knows that all he has to do is stretch it out one more day, that tomorrow the pain will stop and the golden age will begin
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And if it doesn't happen tomorrow, well, then it will be the next day after that or the next day after that or the one after that
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Until when there's no more days and everybody sees clearly Donald Trump will do precisely what Adolf Hitler and Joseph Goebbels did, what all fascists do
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They will blame it on the weakness of the people. They'll blame it on MAGA
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And they'll say, if we had better followers, the golden age would have come
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If we had less panic hands, we would have prevailed. Now, the United States Congress, comprised of 435 members of the House, 100 members of the Senate, can stop this in an instant
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And yet they do not. The issue is not about removing Donald Trump in an election four years from now
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The issue is defeating the corrupt Congress that turned itself into a Politburo and did nothing, nothing to protect the American people
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So this isn't about targeting three or four campaigns from Washington with $100 million each
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Millions of voters must be registered in a great moral cause. There must be qualified, credible, tough, normal candidates from ordinary walks of life
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not people who have been aspiring to be in elected office since they were three years
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old, to serve for a small, short increment of their lives, to stand on their convictions
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apply common sense, put their hand out to someone they disagree with, and put the
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country first. That's what's required. All across this country, people who have not thought about running for office, start thinking about it
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All across this country, people who have never gone to a protest, they're going to be going to the second one and bring someone who hasn't gone to the first one yet
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All around this country, there are people who think their vote doesn't count, who think that their voice shouldn't be raised because it can't be heard
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These people have been lied to. They have been tricked and deceived into surrendering their agency to wannabe tyrants, to giving away the greatest power an American has, the vote to say, no, we will not tolerate this
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You know, I spent a year of my life running a presidential campaign for John McCain
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And on that campaign traveled to every corner of this country And most of the time Lindsey Graham was on that plane or he was on that bus or he was in the hotel suite He was a friend of mine I knew everything about the man
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every detail, except one. I thought we all believed in the country. We had all taken an
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oath to it. Lindsey Graham didn't believe in the country. He believed in politics that would give
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him a purpose. He was a man without a wife, a man without a husband, a man who leads a secret
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and lonely life. A man without connection. A man who exists seeking filling to sate the hollowness
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and the emptiness and the loneliness. He's talked about this. What he wanted was relevance
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He's a sidekick who was amiable enough, made people laugh, but deep down, he's a sinister man
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Deep down, he's an angry man. He doesn't feel respected. He doesn't feel like he has a place
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And so he found a place at the side of a man of malice, trading his connection to an American
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patriot, flawed though he may have been, to a wrecker, a despoiler of the Republic
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Lindsey Graham got in line and thinks he's a hero. You want to watch the movie about Lindsey
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Graham? The last days of Quisling, it's on Apple TV. The Norwegian trader who became Adolf Hitler's
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stooge sold out his people for power. And that is the crime of the MAGA Congress. They sold you
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out so Trump wouldn't tweet mean things about them. Wrecked your retirement savings. Wrecked
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your children's dreams. Because here's the thing, the American mind is trained to believe
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that we are immunized from suffering in the 21st century. Our preeminence is a birthright
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as opposed to a fragile gift that we did not maintain. And it's on the edge of being lost
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I'm 54 years old. There will never, ever be another day in my life where America was as rich
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as powerful, as honorable, as decent, respected in the world ever again during my lifetime
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My country, your country, has been put into decline for no reason. The economy is being
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crashed so Eric and Donald Jr. can clean up a Bitcoin speculation. The corruption is everywhere
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Donald Trump has made clear he's not only above the law, you're below it
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Donald Trump is coming and he's not stopping. And the reason he's not stopping is because the people like Chuck Schumer
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who were supposed to stop him, did this instead. And we will win
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We will win. We will win. We will win. We will win
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I'm angry at the people who have attacked our country, but I understand them
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They want power and they aim to take it. There are no words that I can articulate to express the contempt for Chuck Schumer who did not plan to fight who did not stand up at the hour it was called for who lay down refuses to yield his generalship
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and fates us through his manifesting competence to lose and lose and lose again to this vile movement
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wolves are at the door and a democratic party of sheep has not met the moment. If you're a
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Democrat challenging a primary, a sitting member of Congress who's over 70 years old
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take them out. You will win the race. When it comes to the billionaire class in this country
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that has made a run on our liberty, they will not make it through the reckoning
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The companies will be broken up. The tax rates will be adjusted appropriately. And we're going to decrease the amount of people in this country worth $100 billion, nation states unto themselves, who have the capacity to take something ephemeral, beautiful, paid for in blood from 352 million people
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This moment, this second demands that every person who has courage to assert it, every person who has a voice to raise it, for every person who has a conscience to employ it, for every American who has a beating patriotic heart, get in the fight
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I'm speaking in Tulsa, Oklahoma on April the 10th, going there to call for people in Oklahoma to stand up, push back and take out the most loathsome senator they have ever sent to Washington
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Mark Wayne Mullen, a preening jackass, a moral coward, a meow. Mark Wayne Mullen. Let's watch him talk about Matt Gaetz
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This is a guy that the media didn't give a time of day to after he was accused of sleeping with an underage girl
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There's a reason why no one in the conference came and defended him
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Because we had all seen the videos he was showing on the House floor that all of us had walked away of the girls that he had slept with
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Just the other day, he talked about shooting journalists. But then he said he was joking
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He's not joking. And he means it. All of them even. It's time to wake up to that
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It's not the first time. The people who have called themselves Americans have come together in an awful cause
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They have rationalized to themselves that if they can get enough for them, if they can
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keep enough, have enough slaves, have enough billions, whatever it may be, then the price
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of that is worth the destruction of the American Republic. Tankers know only one medicine
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We must deliver it to them with harshness. This is The Warning
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