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The episode kicks off with a withering look at the “Big Beautiful Bill,” a deficit-busting tax cut that showers the rich while hacking away at Medicaid for the poorest Americans. Then, a trip to Minnesota’s Iron Range, where Bethany McLean discusses the bitter fight over Nippon Steel’s bid to buy U.S. Steel—and the awkward dance between union leadership and the workers they claim to represent. It’s a story about how economic reality collides with political theater, and why Democrats keep misreading the mood in places that once anchored their coalition. And in the Spiel, a reminder that no amount of spectacle can disguise the trade-offs hiding in plain sight of that big, beautiful boondoggle. Produced by Corey Wara Production Coordinator Ashley Khan Email us at thegist@mikepesca.com To advertise on the show, contact ad-sales@libsyn.com or visit https://advertising.libsyn.com/TheGist Subscribe to The Gist: https://subscribe.mikepesca.com/ Subscribe to The Gist Youtube Page: https://www.youtube.com/channel/UC4_bh0wHgk2YfpKf4rg40_g Subscribe to The Gist Instagram Page: GIST INSTAGRAM Follow The Gist List at: Pesca Profundities | Mike Pesca | Substack
The Senate just narrowly passed the latest version of the GOP tax and spending bill, and the House will vote on it tomorrow. Nonpartisan experts at the Congressional Budget Office say the bill will add more than $3 trillion to the national debt, which is already a whopping $36.2 trillion. In this episode, a few economic historians tell us how we got here. Plus: Construction spending falls again, Home Depot goes after large-scale pros and the stock market rallies.
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Part 2: The Data
Dr. Jenessa Seymour continues her breakdown of the supposed voting discrepancies that a New York organization has "discovered". Her expertise in statistics gets the spotlight in this episode!
Be sure to check out the graphs!
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The US Senate has narrowly approved President Trump's major tax and spending bill. The chamber was evenly split between Republicans and Democrats, meaning the Vice President, JD Vance, cast the deciding vote. The legislation will now return to the House of Representatives.
Also, will the M23 militia "disarm and disengage" in eastern Democratic Republic of Congo in line with the US brokered peace deal? We speak to Dr Massad Boulos, President Trump's Senior Advisor for Africa.
And the remarkable story of how a father and young daughter miraculously survived falling off a cruise ship.
(Photo: Alaska Senator Lisa Murkowski supported the passage of the bill after intense negotiations. Credit: Getty Images)
Since his second inauguration, the “experts” have been relentless in their mission to minimize the Trump administration’s efforts with the economy, immigration, Iran, and beyond.
Meanwhile, the stock market has soared. There were ZERO illegal border crossings in May, according to CBP. Iran’s nuclear infrastructure was left severely damaged without the threat of war on the horizon. All this, thanks to the decisive and, at times controversial, actions taken by the Trump administration.
Despite these verifiable results, Victor Davis Hanson argues that much of the elite resistance to Trump stems not from data, but from disdain. And that bias has blinded them to basic common sense. He breaks it down on this episode of “Victor Davis Hanson: In His Own Words.”
“Donald Trump is pretty commonsensical. If you take a million people away that were working in the shadows at cheaper wages and hurting American job opportunities and you make countries that had asymmetrical tariffs and were responsible for a $1.1 trillion trade deficit and you can stop that and they still want entry into the American market, then you can have an economic renaissance.
“You should try to shed your Trump Derangement Syndrome because it's really affecting your powers of judgment and analysis. And you're going to lose readers. You are so wedded to the idea that Donald Trump is going to destroy the United States because of your personal animus, you cannot see that most people have commonsense solutions.”
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👉He’s also the host of “The Victor Davis Hanson Show,” available wherever you prefer to watch or listen. Links to the show and exclusive content are available on his website: https://victorhanson.com
00:00 Questioning the Experts
00:29 Criticism of Trump: Reality vs. Perception
01:30 Iran Strikes: Media vs. Reality
04:02 Border Control: Trump's Approach
05:26 Tariffs and Economic Outcomes
06:34 Reflecting on the Experts' Accuracy
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