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American Focus > Blog > Economy > Bill Maher says he was wrong about Trump’s tariffs — why the comedian is suddenly walking back his calls for catastrophe
Economy

Bill Maher says he was wrong about Trump’s tariffs — why the comedian is suddenly walking back his calls for catastrophe

Last updated: August 3, 2025 3:50 am
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Bill Maher says he was wrong about Trump’s tariffs — why the comedian is suddenly walking back his calls for catastrophe
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The U.S. economy has been a topic of much debate and speculation, especially in recent years under the leadership of President Donald Trump. Comedian Bill Maher, known for his outspoken opinions, recently admitted that he was wrong about Trump’s tariffs and their impact on the economy.

In an episode of his podcast, Club Random, Maher reflected on his initial skepticism about Trump’s tariffs, stating, “I remember, I, along with probably most people, were saying at the beginning, ‘Oh, you know, by the 4th of July the economy was going to be tanked by then.’ And I was kind of, like, ‘Well, that seems right to me.’ But that didn’t happen.” Maher acknowledged that despite his doubts, the stock market has reached record highs and the economy has not suffered as he had anticipated.

While Maher may have had a change of heart about Trump’s tariffs, many experts remain critical of the president’s trade policies. Former Treasury Secretary Larry Summers described the tariffs as “a self-inflicted wound on the American economy,” while Nobel Prize-winning economist Paul Krugman argued that they create challenges for businesses.

Despite the initial uncertainty surrounding tariffs, the U.S. economy has proven to be resilient. Major indices like the S&P 500 and Nasdaq have reached new all-time highs, indicating the strength of the American economy. Investing legend Warren Buffett has long been a proponent of staying optimistic about America’s future, emphasizing the enduring value of American businesses.

Buffett’s advice to investors is simple: own the S&P 500 index fund. This approach provides exposure to 500 of America’s largest companies across various industries, offering diversified investment without the need for constant monitoring or active trading. The accessibility of this strategy means that anyone, regardless of wealth, can take advantage of it.

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In addition to investing in the stock market, the U.S. housing market presents another opportunity for investors. With a significant housing shortage estimated at 4.7 million homes, there is a demand for housing that is not being met. Federal Reserve Chairman Jerome Powell has acknowledged the severity of the housing shortage, highlighting the ongoing need for more housing in the U.S.

Investing in housing can be a stable and profitable long-term investment, as the demand for housing is unlikely to diminish. Buffett has often emphasized the importance of investing in assets with long-term value, making the housing market a promising opportunity for investors looking to bet on America’s future. Real estate has long been considered a prime example of a productive, income-generating asset. In fact, Warren Buffett himself once famously stated that he would gladly invest $25 billion in 1% of all the apartment houses in the country if given the opportunity. While most of us may not have billions to spare, there are now more accessible ways to benefit from real estate investing.

Platforms like Arrived have made it easier for everyday investors to get exposure to this lucrative asset class. Backed by world-class investors like Jeff Bezos, Arrived allows individuals to invest in shares of rental homes with as little as $100. This means you can start building a real estate portfolio without the hassle of being a landlord – no more mowing lawns, fixing leaky faucets, or dealing with difficult tenants.

The process is straightforward: browse through a curated selection of homes that have been vetted for their appreciation and income potential. Once you find a property you like, choose the number of shares you want to purchase, and then start receiving any positive rental income distributions from your investment.

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Another option for investors looking to diversify their real estate portfolio is First National Realty Partners (FNRP). This platform allows accredited investors to own a share of properties leased by national brands like Whole Foods, Kroger, and Walmart. With a minimum investment of $50,000, investors can benefit from Triple Net (NNN) leases, which eliminate the need to worry about tenant costs cutting into potential returns.

To get started with FNRP, simply answer a few questions about how much you want to invest, and then you can begin browsing their full list of available properties. Whether you’re looking to invest in residential rental homes or commercial properties leased by national brands, these platforms offer a convenient and accessible way to build wealth through real estate.

In conclusion, real estate remains a solid investment choice for those looking to generate passive income and build wealth over time. With platforms like Arrived and FNRP, investors can easily access this asset class and benefit from the long-term appreciation and income potential that real estate has to offer. The world of technology is constantly evolving, with new advancements and innovations being made every day. One of the most exciting developments in recent years is the rise of artificial intelligence (AI). AI is a branch of computer science that aims to create intelligent machines that can think and learn like humans.

AI has already made a significant impact in various industries, from healthcare to finance to transportation. One of the key areas where AI is revolutionizing is in the field of customer service. Traditionally, customer service has been a time-consuming and often frustrating process for both customers and businesses. However, AI is changing the game by streamlining the customer service experience and providing more personalized and efficient support.

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One of the ways AI is transforming customer service is through chatbots. Chatbots are AI-powered programs that can interact with customers in real-time, providing answers to common questions and solving problems. Chatbots can be integrated into websites, social media platforms, and messaging apps, allowing businesses to provide round-the-clock support to their customers.

Chatbots are also capable of learning from each interaction, becoming more intelligent and efficient over time. This means that as more customers interact with a chatbot, it will be able to provide more accurate and relevant responses, leading to a better overall customer experience.

Another way AI is enhancing customer service is through data analysis. AI can analyze vast amounts of customer data to identify trends, patterns, and insights that can help businesses improve their products and services. By understanding customer preferences and behaviors, businesses can tailor their offerings to better meet the needs of their customers.

AI can also help businesses automate routine tasks, such as scheduling appointments, processing payments, and sending notifications. By offloading these tasks to AI-powered systems, businesses can free up their human employees to focus on more complex and strategic activities, ultimately improving productivity and efficiency.

Overall, AI is revolutionizing customer service by providing more personalized, efficient, and intelligent support to customers. As AI technology continues to advance, we can expect to see even more innovative solutions that will further enhance the customer service experience. Businesses that embrace AI in their customer service strategies will be well-positioned to stay ahead of the competition and deliver exceptional service to their customers.

TAGGED:BillCallsCatastropheComedianMahersuddenlyTariffsTrumpsWalkingWrong
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