Trump ‘needs to be honest’: Tariffs, the court, and a housing market built on lies

The Supreme Court’s latest delay in its tariff case is fueling speculation that justices are trying to craft a behind-the-scenes compromise to avoid market shock — even if it means quietly curbing presidential trade authority.

But Daniel Horowitz explains that the tariff ruling may be less important than the remedy itself, especially as another crisis tightens its grip on Americans: a frozen, inflated housing market that government policy continues to prop up instead of letting it reset.

“I think what they’re trying to do is two things. ... One is, they want to do it with as little disruption as possible. So they’re trying to think how that remedy works. And number two, I think particularly maybe for Thomas and Alito, they’re trying to figure out how not to get involved in a political question,” Horowitz tells BlazeTV host Steve Deace on the “Steve Deace Show.”

“And that’s really where I am. As you well know, I don’t believe the court should ever be the arbiter of a fundamental political disagreement. If it’s a problem, Congress should oppose and deal with it,” he continues.

Trump has also announced his plan to go after residential homes being bought up by global corporations like BlackRock, which sounds great to everyday Americans, but Horowitz believes the solution is even simpler.

“It was announced, no more, you know, BlackRock owning of homes, residential, you know, mass production of, or acquisition, I should say, of residential homes, things of that nature,” Deace says.

“This is a primary thing that the young male demographic that voted our way in the last election cares about. It’s a primary driver of the current situation in the economy. Not to mention the fact it’s the greatest source for individual liquidation that exists right now to the average American,” he continues.

“We’re sitting on all this liquid that could go back into the economy if we can get the housing market moving. What should they be doing, do you think?” Deace asks.

“Very simple. Let the bubble pop. And I know it sounds very simplistic, but it’s something that they refuse to do, and everything that they’re proposing will further fuel it. Corporate ownership is a symptom of the problem, not the problem,” Horowitz responds.

“The president needs to be honest with people. The biggest problem with the president economically is he doesn’t understand the mutual exclusivity of things. So, he wants insurance to cover everything, but he wants premiums to go down, right? He wants the welfare state, but he doesn’t want inflation. He wants seniors to have a checking account in the form of fake housing on unrealized gains, but he wants young people to be able to afford them,” he continues.

“If you want to actually get the economy back to what we all said we did, which is a broad-based income economy rather than an asset bubble, you’ve got to pull the plugs on all the things doing this. And it’s the exact opposite of what the president is saying,” he adds.

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