MeidasTouch Full Podcast - 2/24/26 - The MeidasTouch Podcast Recap
Podcast: The MeidasTouch Podcast
Published: 2026-02-24
Duration: 1 hr 31 min
Summary
This episode examines the political tensions surrounding Donald Trump's State of the Union, with many lawmakers opting to attend the People's State of the Union instead. It also covers Trump's declining poll numbers and economic challenges following the Supreme Court's decision on tariffs.
What Happened
The MeidasTouch Podcast discusses the significant political backlash against Donald Trump, as numerous Democratic lawmakers plan to boycott his State of the Union. Instead, they will participate in the People's State of the Union hosted by MeidasTouch and MoveOn, marking a historic boycott event with dozens of lawmakers attending.
Trump's approval ratings have plummeted, particularly among independents, with only 26% support, reflecting the lowest for any president going into a State of the Union this century. Alongside this, economic indicators show troubling signs, with the Dow dropping significantly and GDP growth falling short of expectations at 1.4% for Q4.
In the international arena, Trump's aggressive tariff policies have faced setbacks after the Supreme Court struck down his tariffs under the United States Trade Act of 1974. This decision has led to tensions with global allies, including the European Union and India, and a refusal by the Trump administration to refund unlawful tariffs has incited lawsuits from companies like Costco and FedEx.
The episode also highlights Trump's contentious foreign policy gestures, such as suggesting aid to Greenland despite their universal healthcare system, drawing comparisons to tactics used by Putin. Trump's rhetoric regarding a potential conflict with Iran is criticized by military officials as lacking resources and strategic foresight.
The fallout extends to social arenas as well, with the U.S. Women's Olympic hockey team rejecting Trump's invitation following his disparaging comments. This further illustrates the growing disapproval of Trump's conduct and policies across various sectors.
The Midas Touch network is gaining momentum, nearing 6 million subscribers and playing a pivotal role in the State of the Union boycott. The network's influence continues to grow, as it partners with MoveOn to broadcast the People's State of the Union and challenge the current political narrative.
Key Insights
- The People's State of the Union, organized by MeidasTouch and MoveOn, marks a historic moment as dozens of Democratic lawmakers boycott Trump's traditional State of the Union, signaling a profound political protest against his presidency.
- With Trump's approval rating at a mere 26% among independents and economic indicators like the Dow's significant drop and GDP growth at just 1.4% for Q4, the U.S. economy reflects increasing dissatisfaction and instability under his leadership.
- A Supreme Court decision striking down Trump's tariffs, imposed under the United States Trade Act of 1974, has led to international tension and lawsuits from companies like Costco and FedEx, highlighting the contentious nature of his trade policies.
- The U.S. Women's Olympic hockey team rejected Trump's White House invitation following his disparaging remarks, underscoring how his conduct and comments have alienated not just political figures but athletes and public figures as well.
Key Questions Answered
What is the People's State of the Union?
The People's State of the Union is an event organized by MeidasTouch and MoveOn as a protest against Donald Trump's State of the Union, attended by dozens of lawmakers as a statement of opposition.
How has the Supreme Court influenced Trump's tariff policies?
The Supreme Court struck down Trump's tariffs imposed under the United States Trade Act of 1974, leading to economic and legal challenges as companies seek refunds for unlawful tariffs.
Why did the U.S. Women's Olympic hockey team decline Trump's invitation?
The U.S. Women's Olympic hockey team declined Trump's invitation to attend the State of the Union after his derogatory remarks, reflecting broader disapproval of his behavior.