PodcastThe Reason Interview With Nick GillespieSeptember 23, 2026
Anthony Scaramucci: How America Got Trump
Scaramucci argues Trump-era populism stems from three specific bipartisan policy failures on China, war financing, and 2008 bailouts, not simple partisanship.
- Three catastrophic decisions: Scaramucci blames Trump's rise on China's WTO entry without reciprocal market opening, the debt-financed War on Terror, and TARP/bailouts that enriched banks while homeowners got nothing.
- China miscalculation: The US let China into the WTO on emerging-market terms even as its economy grew to Germany's size, never forcing tariff reciprocity — a mistake Scaramucci calls 'political malpractice,' though he concedes deindustrialization would have happened anyway.
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