This week on Modern Age, Dan McCarthy explores a pivotal legal and constitutional question: Can President Trump impose tariffs on his own authority? With the Supreme Court hearing a case that challenges his use of emergency powers under the International Economic Emergency Powers Act (IEEPA), this episode dives deep into the legal history, economic rationale, and political stakes. What counts as a national emergency? Is a 50-year trade deficit reason enough? Dan examines both sides of the d...
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This week on Modern Age, Dan McCarthy explores a pivotal legal and constitutional question: Can President Trump impose tariffs on his own authority? With the Supreme Court hearing a case that challenges his use of emergency powers under the International Economic Emergency Powers Act (IEEPA), this episode dives deep into the legal history, economic rationale, and political stakes. What counts as a national emergency? Is a 50-year trade deficit reason enough? Dan examines both sides of the d...
EP. 012 - Is Trump’s Intel Move Socialism—or Strategy?
Modern Age with Dan McCarthy
33 minutes
2 months ago
EP. 012 - Is Trump’s Intel Move Socialism—or Strategy?
Is Donald Trump turning his back on free market conservatism—or is he adapting to a new geopolitical reality? In this episode of Modern Age, Dan McCarthy explores the political and economic debate surrounding Trump’s recent Intel deal, industrial policy, and the idea of a U.S. sovereign wealth fund. Critics call it socialism. Supporters call it realism. Dan unpacks the deeper ideological tension between economic nationalism and libertarian orthodoxy. He also considers how America can compete ...
Modern Age with Dan McCarthy
This week on Modern Age, Dan McCarthy explores a pivotal legal and constitutional question: Can President Trump impose tariffs on his own authority? With the Supreme Court hearing a case that challenges his use of emergency powers under the International Economic Emergency Powers Act (IEEPA), this episode dives deep into the legal history, economic rationale, and political stakes. What counts as a national emergency? Is a 50-year trade deficit reason enough? Dan examines both sides of the d...