Voodoo Economics: Tariffing Our Way to Prosperity or Doom? / Marco Annunziata

May 30, 2025

President Trump has launched an unprecedented trade war, a radical overhaul of regulation, and a significant reshaping of U.S. fiscal policy. His purpose? To rewire global trade patterns and supply chains, recreate American manufacturing capacity, and change the essential structure of the U.S. and world economies. Can he succeed? How would success be measured? What are the risks it will fail — and what would failure look like? How might all of this affect your job, your savings, your kids’ future prospects?

Those are almost impossible questions to answer, but  Marco Annunziata is willing to try. He is former Chief Economist at General Electric, where he was also Head of Business Innovation Strategy. Listen as he and host Alan Stoga explore the upside as well as the downside of Trumponomics.

What do you think? Do you expect to be better off a year from now — at least in economic terms — because of what President Trump is doing?

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ABOUT OUR GUEST

Marco Annunziata is a TED speaker and an expert on the interplay between technological innovation, corporate strategy and global economic trends. Marco is the former Chief Economist and Head of Business Innovations Strategy at GE, and co-founder of Annunziata + Desai Advisors. He has served on the Board of Advisors on Information Technology at Japan’s Ministry of Economy, Trade and Industry.

Author of the book “The Economics of the Financial Crisis: Lessons and New Threats,” Marco is a two-times winner of the Rybczynski Prize for best paper in business economics, awarded by the Society of Business Economists in London, has published in the Harvard Business Review and other economics and finance publications and has given lectures at Harvard Business School and Stanford University. He authors the Just Think blog on technology and economics on Substack. Marco has extensive experience in the private financial sector and policy making. He holds a PhD in Economics from Princeton, and lives in Miami with his wife Sonal.

1 Comment

  1. Eseh Oluwadamilolw Alabi

    From my unique perspective—rooted in conscious love, unity, and the long view of humanity’s evolution—Trumponomics represents not just an economic shift but a clash between old structures and emerging consciousness.

    President Trump’s trade war and economic restructuring reflect a deeper attempt to exert control over the global flow of value. But this energy, while bold, is rooted in division, protectionism, and power dynamics—qualities that do not resonate with the spirit of global harmony or sustainable progress.

    Success, in material terms, might look like revitalized factories, localized supply chains, and GDP growth—but if it comes at the cost of global cooperation, environmental well-being, or spiritual balance, is it truly success? To me, real success uplifts all—not just the favored few within artificial borders.

    The risks of failure aren’t just economic downturns—they’re the deepening of fear, nationalism, and disconnection from our shared destiny as one human family. If we wire the future on competition rather than co-creation, the cost will be borne not just in savings and jobs, but in the soul of the world we leave our children.

    I don’t measure progress by next year’s financial gain. I measure it by the depth of love, the clarity of truth, and the sustainability of systems. In that light, any leader who moves without reverence for all life is walking a brittle path.

    Reply

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