Trump *JUST GAVE* Stimulus Check UPDATE!

Well, here it is, folks. Donald Trump

just gave us a time frame for when to

expect those stimulus dividend checks.

And boy oh boy, what a shocker. Not

really. It's a midterms play. We saw

this coming. We talked about it the day

we first heard about it. And sure

enough, looks like mid to the end of

2026. But let's listen to what Trump

says in context. And then we'll talk

more about this and the odds of this

happening because we know this is debt

spending. Government's spending us into

oblivion with an extra $1.8 many

trillion dollars of debt per year right

now. That's where we sit. Let's see what

Trump says about it, though.

>> He's taking in hundreds of millions of

dollars in tariff money.

>> Right. Right. Right. Quickly, he's raspy

because he says he got into an argument

about trade. He refused to say which

country it was regarding. Uh I I think

this is usually very classic Donald

Trump marketing is that, oh, I lost my

voice because I was playing golf and

happy. Let's tell everybody it's because

I was negotiating so hard. Like maybe

he's right, but in fairness, it might be

unrelated.

>> We're gonna be issuing dividends later

on some somewhere prior to, you know,

probably in the middle of next year. A

little bit later than the

>> right middle of next year would imply

June, July, maybe a little bit later

than that would imply what? Well,

midterms, you got elections in November

of 2026. a little bit later. You know,

usually they want to aim to get those

checks out like in September because you

want to get those early voters. So,

Besson also said, "Hey guys, you know,

if we do any kind of stimulus checks,

we're going to have to get congressional

approval." Well, of course. And that's

what they're going to try to set up is

Trump will say, "Well, I I would do it

faster if it were up to me, but we're

going to have to get Congress on board."

And then what'll happen is they'll

pressure in the next legislative session

Democrats hopefully, you know, for for

the sake of everybody those eight to

join in on board, those eight Democrats

to join in with Republicans again and

you get some kind of stimulative measure

passed.

But uh Donald Trump is going to turn

this all into a branding of

the Democrats don't want to give you a

rebate on my tariffs that are making so

much money. Like you could already write

the playbook for this.

thousands of dollars for individuals of

moderate income, middle income. Uh we're

going to pay down debt. You know, we

have a lot of money from tariffs.

>> Not that much money. Uh so the idea is

that you've got maybe uh probably

somewhere around 75 million families

that would qualify for this tariff

dividend or tariff stimulus or whatever.

Uh that's because so far the Trump

administration suggests they would begin

phasing the stimulus out at about

$100,000 of income, which that already

rules out a lot of nurses and heroes and

firefighters, people working hard and

getting overtime. Uh so it rules out a

lot of people. You've got Besson already

trying to say, "Oh, well, you know,

Americans are going to get tax rebates

on by by buying American cars." Bro, who

wants to buy a new car today? You know,

let's be real. you got to buy a new car

and if you don't get an introductory

financing loan, you're going to end up

paying like 8% on the loan. So, you

could get your mortgage loan interest

write off and then if you get a 0%

introductory kind of financing or

special deal at the dealership, you're

not paying interest anyway. So, what are

you going to deduct? You know, come on,

man. This is ridiculous.

>> If we didn't have tariffs, this nation

would be in serious trouble.

>> And uh we've taken in tremendous amounts

of money.

>> Oh, right. The reason I was saying 75

million is because it would cost about

150 million uh sorry $150 billion to

send out these stimulus checks. If you

collect about 200 billion per year, I

guess that leaves an extra 50 billion in

that example. But the odds are almost

all of the money that you collect from

tariffs would just go directly to some

form of stimulative stimulus dividend or

stimulus check. And you can hear Trump

here is talking about doing thousands of

dollars around midterms. We've already

heard commentary about under sixf

figureure incomes.

>> And you know what's more important than

that? We've protected our businesses

from being raided like we did with the

chip business. Now we're bringing them

all back. But our you know we had 100%

of the chip industry and then they left.

They went mostly to Taiwan and South

Korea but mostly Taiwan and they have

almost 100%. And we're going to have

within a short period of time a big

percentage of the chip business are

coming back because of tariffs because

they don't want to pay the tariffs

because the tariffs will be very steep

if they don't come back and they're all

they've committed to come back.

>> In fairness, Trump also has now gotten

UBS, the Swiss bank, to talk about

potentially moving the banking

headquarters from Switzerland to the

United States, which Switzerland has

recently been a big victim of the tariff

war. Uh, as you probably heard, Apple is

now up to $700 million.

We have N,

>> right? But in fairness, Apple talks

about this because really what they're

doing is they're just looking at their

actual cash outlays that they would have

spent anyway and they're just like,

"Yeah, look at all this money we're

spending, Trump." Like, it hasn't really

changed from what they were doing anyway

on an annual run rate. Who knows? Maybe

there are some extra commitments baked

into there, but I think a lot of these

companies are going to be waiting to see

what happens with the economy. I mean, I

hate to say it, but I don't think the

economy is that great when you have Ben

Shapiro literally reading Dude, Ben

Shapiro reading the New York Times to

tell you how bad the economy is doing.

These are things that I would never

thought I would put in a video. And

they're literally now, I guess, doing

some like lifetime access. I'm like, how

many me Kevin videos have y'all been

watching? But like literally, listen to

this. But what exactly is happening at

the top end of the market? So back in

October,

there's a piece from the New York Times

that explained how much money is passing

hands between companies like for example

Open AI and companies like Nvidia. Yeah.

And a lot of that information was put

together by companies like the

information and Bloomberg that then the

New York Times regurgitated and recycled

over here. I feel like Ben Shapiro is

reading directly from a chat GPT prompt.

So I expect that he's quite the

beneficiary of AI. But I do think it's

kind of funny to see Ben Shapiro in a

video literally titled the economy is

about to burst. And then if you watch

the first 20 minutes of the video,

you're like, "Okay, we got two sponsors

in and he thinks there's a bubble that's

about to burst." Yeah, times aren't good

right now. It is a rough economy. This

idea that the Atlanta Fed real GDP

numbers just got revised up is fugazy to

me. You know how I think it's fugazy?

Look at the component. 4.1% revision up

on GDP. I don't trust this as far as I

could throw it, but read the line here.

Why did we write revise it up? Oh, we

revised it up because after this

morning's construction report from the

US Census Bureau, we actually now

believe that thirdarter real investment

growth is not negative 4.2%, it's just

negative -2.7%.

So, because it's less negative, it's

good. [laughter]

And I get it. Yes, less negative is

good, but it's like that's the

topsyturviness of the environment, this

economy that we're in. And so, you get

one part of the the environment or the

economy like the AI spend that's

propping everything else up. Uh, and

it's covering all of the cracks that

normal everyday Americans are feeling in

their lives when they go to the grocery

stores, when they go to restaurants. I

mean, we know we've been in a recession

for a long time. It's a matter of time

before the stock market rolls over and

realizes it. And that's going to hurt a

lot of people's wealth. Uh, and so, you

know, you might end up having these

checks coming right in the middle of a

recession. But let's listen to the rest

here.

>> $600 billion. We have tremendous amounts

of money pouring in. Our country has

become

amazing again and really really rich

again. I I will

>> I think it's gaslighting and it's just

rude to tell Americans that guys we are

so rich. Really? Is is that because of

all the money that we're making with the

Saudis here? Oh, wait. Sorry, that's

just the Trumpet organization.

>> I'll say this. Um,

we have a decision we're waiting for.

It's a very big decision.

>> Court, that's the Supreme Court

decision. A

The Supreme Court is not going to make a

decision until February to May. So

basically, they're going to wait until

the Supreme Court acts. So now Donald

Trump can point the finger at the

Supreme Court, go, "Well, we got to wait

for the justices and and then we'll

decide on sending the checks. If it were

up to me, I'd send no." And then he'll

blame the Democrats for holding it up

and go, "Well, we need Congress. We're

going to need some Democrats to come on

board with us and increase the

government debt even more.

>> The numbers that we've taken in if you

talk about investments is trillions. Not

with a not with a B, not with an M."

>> That trillions, by the way, these are

like a lot of these are just sort of

like verbal ideas of commitments.

They're like concepts of commitments

like healthcare

>> but trillions of dollars. uh I can't

imagine

having to give that money back uh on

something that we're allowed to do. And

the ones that are fighting us are

countries.

>> He's talking about giving that money

back. In other words, if the Supreme

Court says, "Oh, tariffs are illegal."

You know, only Congress has the power to

tax, you got to give the money back,

Trump. Why would I would I have to give

any of that money back? You know, in

fairness, there were some reports out

from the Federal Reserve that suggest

that over the long term, tariffs can be

deflationary, but it really is causation

without correlation. So, let me simplify

that for a moment. If you hear anybody

say that tariffs are deflationary,

it's bad because you were

misinterpreting how the economy

functions. In short, tariffs will take

normal price levels and create a

one-time spike in price levels. You move

them up to a higher level because you've

increased taxes. That difference, some

of it goes to the government and some of

it gets lost in waste and economic

negativity. that negativity can actually

slow down. That dead weight loss can

slow down an economy. And when economies

slow down, prices tend to decline. So

when, for example, in the extreme, when

an economy goes into a recession or

worse, a depression, prices tend to come

down and deflate. Now that sounds great.

We want prices to come down, but we want

prices to come down without a recession

or depression because if you have a

recession or depression, you don't want

to spend money because you're going to

lose your job, you know? So, you're

worried about losing your job and just

paying keeping the lights on. So, yeah,

everything's cheaper, but then you don't

want to spend anything. It's it's the

worst case scenario. So, this idea that,

oh, tariffs, you know, they lower

inflation. No, they don't. In the short

term, they increase inflation sort of

one time. So when you lap it

year-over-year, it's not like a

recurring form of inflation, but they do

increase inflation. Unfortunately,

because of them, there's such a drag

that you've created on the economy that

you actually slow down the economy so

much that you end up in the longer term

creating prices that fall because you've

now damaged the economy. I I don't know

if you could tell, I'm not a big fan of

tariffs, but I am a big fan of the

Alamo. Have you seen my mug? No, not

this mug. This mug. See? Look at that.

Come and take it. is largely they're

back in countries that have been ripping

us off for years using tariffs to rip us

off and now we're

>> and remember the fact about tariffs

other countries had trade weighted

tariffs on the United States of about

2.2%.

And we have now increased that to about

18%. If you consider loopholes it's

probably somewhere around 12 to 13%. So

anyway you slice it we have increased

tariffs somewhere between 8 to 14 times.

So our tariffs are way higher than

whatever any other country has ever

done. Trump likes to sort of cherrypick

that, oh well, you know, Canada tariffs

are apples at 150%. No, they don't.

That's only in the extreme and it's

never been paid because it's like this

political paper writing that never gets

used. You're cherrypicking this or apple

picking

>> to defend ourselves. It really is a

matter of national security because

economic security is national security.

>> This is his argument basically to the

Supreme Court justices. Don't take my

way my right to tariff people.

>> So, uh I think you're going to see

another thing happening. I think you'll

see food prices. They've come down very

substantially since

>> please don't talk about eggs,

>> but I think you're going to see food

prices coming down very substantially.

>> Yeah. So, so that was then he gets into

talking about Mexico. Uh, look, this is

uh this is an interesting update, but it

confirms what we already expected. Now,

Trump is going to dangle this carrot

until midterms, and he's going to use it

to buy your vote. And that's not to be

like anti-Trump. Gavin Nuskum did that

as well. Uh, he called them stimulus

relief uh checks and or sorry, no, it

was inflation relief stimulus checks.

That's what it was. Gosh, it's it's such

an oxymoron. I I can't help but butcher

how to say it, but it's it's insane. Um,

but yeah, there you go. Welcome to

government. Welcome to politics.

Subscribe for more and check out the

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>> Why not advertise these [music] things

that you told us here? I feel like

nobody else knows about this.

>> We'll we'll try a little advertising and

see how it goes.

>> Congratulations, man. You have done so

much. People love you. People look up to

you.

>> Kevin Pra there, financial analyst

[music] and YouTuber. Meet Kevin. Always

great to get your take.