Tariffs, Take Three: The Dumbest Round Yet | Off the Clock

Think Like An Economist

Justin and Stacey are back for Off the Clock — helping you figure out what economic news to actually worry about, what you can safely ignore, and where to find some silver linings. This week was a big one for economic news and data. Justin starts by explaining to Stacey why this latest round of tariffs is the dumbest one yet. And Stacey brings in some reporting to highlight how small businesses are struggling under the weight of constant chaos and confusion. Then they dig into the Fed and why markets reacted so poorly to Handsome Kevin’s press conference. Finally, Justin and Stacey discuss the latest, lackluster GDP numbers and compete in a “Chart vs. Chart” contest that you get to be the judge of. 02:42 More tariff chaos and confusion23:53 The Fed vs The Market34:16 A disappointing GDP report41:05 Chart vs Chart — A Friendly Competition Subscribe on YouTube https://youtube.com/platypuseconomics Subscribe on Substack 👉 https://newsletter.platypuseconomics.com Follow on Social Media @PlatypusEconomics and @JustinWolfersFollow Stacey @svankesmith

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2026-08-02 50 min Transcript

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