Tariffs Harm Small Businesses and New Hampshire Economy - Episode Hero Image

Tariffs Harm Small Businesses and New Hampshire Economy

Original Title: Chris Pappas for Senate, A Converstion with College Students, and a New Year

TL;DR

  • Tariffs imposed on imported goods from allied nations significantly increase costs for small businesses, hindering growth, job creation, and the ability to serve customers effectively.
  • Disruptions from trade wars, including tariffs and negative rhetoric towards Canada, negatively impact New Hampshire's tourism industry by deterring visitors and reducing revenue for hospitality businesses.
  • Small businesses, which are vital to New Hampshire's economy and character, face significant challenges navigating policy uncertainty, impacting workforce development, tax policy, supply chains, and access to capital.
  • Political rhetoric and manufactured crises in Washington distract from addressing people's needs, leading to self-inflicted wounds that worsen economic conditions and prevent meaningful progress on affordability.
  • The current political environment is characterized by unproductive sessions and performative extremism, necessitating a shift towards serious legislators focused on problem-solving and delivering tangible results for constituents.
  • A generational passing of the torch is needed in politics, bringing new voices and authentic leaders to the forefront to reshape the Democratic Party and address national challenges effectively.
  • The effectiveness of government is tested by its ability to translate the will of the people into meaningful progress, requiring a focus on healthcare access, affordable housing, childcare, and personal freedoms.

Deep Dive

Congressman Chris Pappas's Senate campaign is framed by a critique of current economic policies and a call for pragmatic, people-centered governance. He argues that the administration's approach, particularly through tariffs and manufactured crises, is actively harming small businesses and families in New Hampshire, leading to increased costs and economic uncertainty. Pappas emphasizes his small-business background as a unique qualification to understand and address these issues, advocating for a return to common-sense leadership that prioritizes tangible progress over political performance.

The core of Pappas's argument is that the current economic strategy, exemplified by tariffs, creates self-inflicted wounds that demonstrably hurt New Hampshire's economy. He highlights the direct impact of tariffs on a small business owner who incurred an additional $400,000 in costs, leading to reduced hiring and growth. This ripple effect extends to key sectors like tourism, where strained relations with Canada have decreased visitor numbers, impacting hospitality and retail businesses. Pappas contends that this approach is a relic of outdated economic thinking, creating chaos and uncertainty that prevents businesses from thriving and serving their customers. His proposed alternative focuses on removing government roadblocks, fostering a fair economy, and ensuring affordability for working families, directly contrasting with what he views as the administration's counterproductive policies.

Pappas's background running his family's restaurant deeply informs his public service philosophy, anchoring him in the community and providing a firsthand understanding of the challenges faced by small businesses. He believes this experience allows him to empathize with and effectively advocate for constituents, particularly during times of economic hardship like the pandemic. This perspective shapes his vision for governance, which prioritizes collaboration and problem-solving, drawing a parallel to New Hampshire's tradition of town hall meetings where practical issues are debated and decided. He asserts that even in a divided nation, common ground can be found on issues vital to everyday life, such as healthcare, housing, and childcare, by focusing on delivering tangible results rather than engaging in partisan performance.

The implications of Pappas's campaign message extend to the broader political landscape, particularly concerning the need for generational change and a renewed focus on legislative effectiveness. He suggests that the current environment in Washington is characterized by unproductive extremism and a lack of genuine legislative action, citing instances like the resignation of Marjorie Taylor Greene as evidence of this dysfunction. Pappas advocates for a shift towards pragmatic leadership that bridges divides and prioritizes constituent needs, a model he believes is particularly relevant for the Democratic Party as it seeks to redefine itself. His candidacy represents a push for new voices and a new generation of leaders who can effectively address contemporary challenges and restore faith in government's ability to deliver for the people.

Action Items

  • Audit 3-5 small business supply chains: Identify tariff impacts and alternative sourcing strategies to mitigate economic disruption.
  • Track 5-10 key economic indicators (e.g., inflation, employment, consumer spending) weekly to assess policy effectiveness and identify emerging issues.
  • Draft policy proposals for 2-3 key economic areas (e.g., housing, childcare, energy costs) focusing on affordability and accessibility for working families.
  • Measure correlation between political rhetoric and economic outcomes for 3-5 industries to understand the impact of non-policy-driven decisions.
  • Analyze 3-5 legislative proposals for their potential to create systemic barriers or unintended consequences for small businesses and consumers.

Key Quotes

"Well look i i love my state as you do right um i am committed to the communities of new hampshire and the people of a place that i've always called home and so i do have this connection to place and at a moment like this where there's so much coming in uh from this administration there are so many challenges for our families and small businesses with respect to the economy i just want to find a a bigger way that i can advocate for people who need some common sense leadership right now and focus on how we can get things done and stand up to those forces that i think are getting us so far off track"

Chris Pappas explains his motivation for running for the U.S. Senate by emphasizing his deep connection to New Hampshire and his desire to advocate for its residents. Pappas highlights the current economic challenges facing families and small businesses, indicating a need for common-sense leadership to address these issues and counter what he perceives as detrimental forces.


"I'm just today i was at a small business and talking with the business owner who is scrambling to be able to navigate these tariffs and find a way to serve his customers he paid 400 000 extra in tariffs over the last year because of the products that he imports from uh allies and partner nations around the world to be able to serve his customers to a small business so he can't grow he's not hiring uh and this is having a dramatic impact on the economy right here in new hampshire"

Chris Pappas illustrates the negative impact of tariffs on small businesses by recounting a specific example of a business owner facing significant extra costs. Pappas argues that these tariffs hinder business growth and job creation, demonstrating a direct, detrimental effect on the local economy in New Hampshire.


"so we've got to it's instead of self inflicted wounds uh instead of these manufactured crises crises that we see too often in washington we've got to focus on people and so that's what i want to do in the us senate uh focus on getting to work for the people of new hampshire delivering and uh ultimately that's the test of our political system can we translate the will of the people into meaningful progress and i believe we still can't even in a divided nation"

Chris Pappas advocates for a shift in political focus from self-inflicted wounds and manufactured crises to prioritizing the needs of the people. Pappas states his intention to work in the U.S. Senate to deliver for the people of New Hampshire and believes that translating the public's will into progress is achievable, even in a divided nation.


"but you can actually talk the talk because you own and operate a small business uh tell our listeners about it well it's it's part of what uh anchors my public service and when you've run a small business it's often hard for you to really appreciate where the business stops and where the community starts i mean you are just very much a part of the community and that's the way that our four generation family restaurant business is here in the city of manchester new hampshire"

Chris Pappas connects his experience running a family restaurant to his public service, explaining how small business ownership deeply integrates one into the community. Pappas suggests that this intimate connection between business and community is a fundamental aspect of his approach to leadership and public life.


"every day brings challenges uh every day any number of things can go wrong uh there's so much that you're just trying to get accomplished by serving people who come in through the doors meeting payroll dealing with vendors uh you know there were a lot of 65 70 hour weeks uh that i was working a lot of early mornings and late nights every day's an all hands on deck moment and i think it gave me an appreciation especially as we entered the pandemic period of just um you know the way that um public policy uh the way that the federal government can intersect with small business uh and either help or hurt depending on how programs are designed"

Chris Pappas describes the demanding nature of running a small business, highlighting the daily challenges, long hours, and the constant need for all-hands-on-deck effort. Pappas notes that this experience, particularly during the pandemic, provided him with a deep understanding of how public policy and federal government actions can significantly impact small businesses, for better or worse.


"so i think that you can stand firm on what you believe in uh you don't have to compromise on your core values but you always should look for ways to make people's lives better and so whether that's helping new hampshire veterans whether it's fighting ways for uh small businesses to get the support they deserve right now we're working on the healthcare issue i'm working with a uh coalition of 35 house members republicans and democrats to try to unlock this log jam around how we get something done for folks to maintain their healthcare coverage at the end of the year"

Chris Pappas articulates a philosophy of principled compromise, stating that one can maintain core values while actively seeking ways to improve people's lives. Pappas provides examples of his work, such as supporting veterans and small businesses, and highlights his bipartisan efforts to address healthcare coverage issues.

Resources

External Resources

Books

  • "The Andy Bashir Podcast" by Andy Bashir - Mentioned as the platform hosting the discussion.

Articles & Papers

  • "The Andy Bashir Podcast" (YouTube) - Mentioned as a platform for the podcast episodes.

People

  • Chris Pappas - US Representative for New Hampshire's first congressional district, running for US Senate.
  • Andy Bashir - Host of "The Andy Bashir Podcast."
  • John Sununu - Mentioned as a Republican candidate for Senate in New Hampshire.
  • Scott Brown - Mentioned as a former US Senator and candidate.
  • Maggie Hassan - Mentioned as a Senator who won her first race by a narrow margin.
  • Marjorie Taylor Greene - Mentioned as resigning from Congress due to the political climate.
  • Pam Bondi - Mentioned in relation to not doing her job.
  • Aaron Sorkin - Mentioned as a guest on Rob Lowe's podcast.
  • Tiffany Haddish - Mentioned as a guest on Rob Lowe's podcast.
  • Demi Moore - Mentioned as a guest on Rob Lowe's podcast.
  • Chris Pratt - Mentioned as a guest on Rob Lowe's podcast.
  • Michael J. Fox - Mentioned as a guest on Rob Lowe's podcast.
  • Rob Lowe - Host of "Literally with Rob Lowe" podcast.
  • Roy Cooper - Mentioned as a future guest on "The Andy Bashir Podcast."

Organizations & Institutions

  • Arizona State University (ASU) - Mentioned for its online education programs.
  • PwC (PricewaterhouseCoopers) - Mentioned for audit work.
  • SEC Network - Mentioned as an employer.
  • Backside Center - Mentioned as a location for medical interpretation.
  • Churchill Downs - Mentioned as a location for medical interpretation.
  • Houston Ballet - Mentioned as an employer.
  • National Republicans - Mentioned as supporting John Sununu.
  • US Senate - Mentioned as a political office.
  • House of Representatives - Mentioned as a political body.
  • Supreme Court - Mentioned in relation to weighing in on presidential actions.
  • White Mountains - Mentioned as a hiking location in New Hampshire.
  • New Hampshire - Mentioned as a state with a grassroots political culture.
  • Kentucky - Mentioned in relation to bourbon and as a "deep red state."
  • Canada - Mentioned in relation to trade and tourism.
  • Quebec - Mentioned as a Canadian province bordering New Hampshire.
  • Maritime Provinces - Mentioned as having close partnerships with New Hampshire.
  • The Patriots - Mentioned as a professional football team.
  • Pro Football Focus (PFF) - Mentioned as a data source.
  • The White House - Mentioned in relation to the administration.
  • Indiana University Bloomington - Mentioned as a place of study.
  • University of Kentucky - Mentioned as a place of study.
  • University of Louisville - Mentioned as a place of study.

Websites & Online Resources

  • ASOnline.ASU.edu - Mentioned as a website for Arizona State University's online programs.
  • ChrisPappas.org - Mentioned as the website for Chris Pappas's campaign.
  • TikTok for Business - Mentioned for advertising and reaching customers.
  • GetStarted.TikTok.com/TikTokAds - Mentioned as a website for TikTok ads.
  • CNN - Mentioned as a news source.
  • Instagram - Mentioned as a social media platform.

Other Resources

  • Chicken Fingers - Mentioned as a food item invented by the Pappas family restaurant.
  • Mud Slides - Mentioned as a drink at the Pappas family restaurant.
  • ACA Subsidies - Mentioned in relation to healthcare coverage.
  • Epstein Files - Mentioned in relation to a discharge petition.
  • Social Security Fairness Legislation - Mentioned as a bill passed at the end of the year.
  • Collective Bargaining Rights for Federal Workers - Mentioned as a bill being produced by a discharge petition.
  • Tariffs - Mentioned as an economic strategy impacting businesses and consumers.
  • AI (Artificial Intelligence) - Discussed in relation to job searching, critical thinking, and environmental impact.
  • Game Theory - Mentioned as a concept related to tariff strategies.
  • Democracy - Mentioned as something to be defended.
  • Checks and Balances - Mentioned as a function of Congress.

---
Handpicked links, AI-assisted summaries. Human judgment, machine efficiency.
This content is a personally curated review and synopsis derived from the original podcast episode.