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The Bulwark Podcast

Sam Stein: The Ridiculously Unserious President

67 min episode · 3 min read
·
Sam Stein

Episode

67 min

Read time

3 min

Topics

Productivity, Fundraising & VC, Leadership

AI-Generated Summary

Key Takeaways

  • Iran War Costs: The first seven days of U.S. military operations in Iran cost $11.3 billion — roughly $1.5 billion per day. At that pace, three additional weeks of operations would exceed the total annual cost of ACA subsidies. No clear strategic objective has been publicly articulated, and preliminary U.S. reviews confirm American responsibility for striking a girls' school near a military base using outdated targeting data.
  • Fertilizer Supply Shock: 45% of the world's tradable urea — the nitrogen-based fertilizer essential to spring planting — originates in the Persian Gulf and transits the Strait of Hormuz. China, which controls much of the remaining supply, maintains an export ban to protect domestic agriculture. The combination of disrupted fertilizer imports and rising diesel costs creates a compounding food price inflation risk heading into the 2025 harvest season.
  • Migrant Labor Collapse: The breakdown of the H-2B temporary work visa system is leaving seasonal processing facilities idle during peak production periods. A Louisiana crawfish processing plant that normally employs Mexican migrant workers — some for 14 years — capable of processing 4,000 pounds of crawfish meat daily sits empty. The same dynamic threatens fruit and vegetable harvests nationally, directly contradicting the administration's stated goal of reducing grocery prices.
  • DHS Leadership Continuity Risk: Markwayne Mullen's nomination to replace Kristi Noem as DHS Secretary signals cosmetic rather than substantive policy change. Mullen has called protesters domestic terrorists, opposed judicial warrants for immigration enforcement, and advocated deploying the National Guard into cities. DHS remains in partial shutdown, affecting TSA operations, FEMA, and child trafficking enforcement, with no bipartisan funding deal in sight absent policy concessions the administration refuses to offer.
  • Filibuster Realignment: John Cornyn's public reversal on the Senate filibuster — previously calling elimination "taking a wrecking ball to Senate rules," now expressing openness to reform — illustrates how Trump primary pressure overrides stated institutional principles. Cornyn faces Ken Paxton in a Texas Senate runoff where polling suggests Trump's endorsement may carry less weight than expected, with MAGA voters preferring Paxton regardless of Trump's signaling.

What It Covers

Tim Miller and Sam Stein analyze the U.S.-Iran war's strategic incoherence, economic fallout including $11.3 billion in first-week costs and fertilizer supply disruptions, Trump's unfocused leadership style, the DHS leadership transition from Kristi Noem to Markwayne Mullen, and a cabinet ranking update identifying Pete Hegseth and Marco Rubio as the worst performers.

Key Questions Answered

  • Iran War Costs: The first seven days of U.S. military operations in Iran cost $11.3 billion — roughly $1.5 billion per day. At that pace, three additional weeks of operations would exceed the total annual cost of ACA subsidies. No clear strategic objective has been publicly articulated, and preliminary U.S. reviews confirm American responsibility for striking a girls' school near a military base using outdated targeting data.
  • Fertilizer Supply Shock: 45% of the world's tradable urea — the nitrogen-based fertilizer essential to spring planting — originates in the Persian Gulf and transits the Strait of Hormuz. China, which controls much of the remaining supply, maintains an export ban to protect domestic agriculture. The combination of disrupted fertilizer imports and rising diesel costs creates a compounding food price inflation risk heading into the 2025 harvest season.
  • Migrant Labor Collapse: The breakdown of the H-2B temporary work visa system is leaving seasonal processing facilities idle during peak production periods. A Louisiana crawfish processing plant that normally employs Mexican migrant workers — some for 14 years — capable of processing 4,000 pounds of crawfish meat daily sits empty. The same dynamic threatens fruit and vegetable harvests nationally, directly contradicting the administration's stated goal of reducing grocery prices.
  • DHS Leadership Continuity Risk: Markwayne Mullen's nomination to replace Kristi Noem as DHS Secretary signals cosmetic rather than substantive policy change. Mullen has called protesters domestic terrorists, opposed judicial warrants for immigration enforcement, and advocated deploying the National Guard into cities. DHS remains in partial shutdown, affecting TSA operations, FEMA, and child trafficking enforcement, with no bipartisan funding deal in sight absent policy concessions the administration refuses to offer.
  • Filibuster Realignment: John Cornyn's public reversal on the Senate filibuster — previously calling elimination "taking a wrecking ball to Senate rules," now expressing openness to reform — illustrates how Trump primary pressure overrides stated institutional principles. Cornyn faces Ken Paxton in a Texas Senate runoff where polling suggests Trump's endorsement may carry less weight than expected, with MAGA voters preferring Paxton regardless of Trump's signaling.
  • Cabinet Ranking Methodology: Evaluating cabinet secretaries by policy harm rather than personal scandal produces different rankings than media coverage suggests. Hegseth ranks worst for operational failures at DoD; Rubio ranks second for enabling a poorly defined war; Bondi third for DOJ dysfunction and Epstein file suppression; Lutnick fourth for Epstein-adjacent conduct; RFK fifth despite measles outbreaks being geographically contained. Bessent's management of a deliberate economic contraction remains a close competitor for the fifth slot.

Notable Moment

A white South African refugee, admitted under the administration's preferential Afrikaner resettlement program, reportedly returned home shortly after arrival, citing America's high costs and gun violence as deterrents. The episode undercuts the program's premise and highlights the contrast with denied seasonal work visas for established migrant laborers.

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Episode Transcript

Tax season has arrived and doing taxes without the right help can feel overwhelming. Intuit TurboTax is here now to guide you through it with confidence. Match with a TurboTax full service expert who handles everything for you from start to finish, Your dedicated expert checks every single deduction and credit to help you get the best possible outcome so you can feel confident you're getting every dollar you deserve. And the best part? You'll see real time updates on your expert's progress right on your phone while you live your life. Plus, you get unlimited expert help at no extra cost, even on nights and weekends during tax season. Visit turbotax.com. Only available with TurboTax full service experts. Real time updates only on iOS mobile app. Hello, and welcome to the Bulwark Podcast. I'm your host, Tim Miller. It is Thursday, March 12. I wanted to bring you a little comfort food, a little porridge, a little ice cream, you know, whatever it is that, makes you feel good inside. A little crawfish etouffee. And it is my friend and yours, the managing editor of The Bulwark, Samuel Stein. How you doing? Good. I I every every one of those is great except for porridge. I don't wanna put it here. Why did Porridge come to mind? I don't know. I don't know where Porridge came. When's the last time you had Porridge, Tim? I can't recall when the last time I had Porridge. What's your middle name? I was gonna do your middle name. It's it's Ignatius. No. It's Do we have to? Ignatius would be Catholic. So it's something Jewish. What's an I what's a Jewish I name? Correct. My middle name okay. For Jewish I names. There's a good story here. It's short. My middle name is Irving. It's Oh. Named after my grandfather, Irving Fine, who was a famous composer in his day, tragically died at the age of 49. But look him up. Good friends with Aaron Copeland, Leonard Bernstein. He wrote some great, classical music bits, started the music program at Brandeis. A little Stein family history for you. Wow. But it seems fake, and it seems like it was on those. Your parents are just big Irving Kristol acolytes and, were trying to come up with a different different reason. You don't wanna give Bill the credit, but that's okay. We have a lot to talk about. You said you're nervous. Give me a well, do you wanna talk about why before we get into the news? So I listened to the the pod yesterday with Sagar, and, you know, I feel like, you know, he's like a seven course meal type guest. He's talking about, like, THAAD missiles, and he's reading the front pages of the Korean press, and he's got all these analogies to, you know, World War Two. He's doing he's doing general Westmoreland spoof bits. And I'm like, DiGiorno's. Like, you're gonna enjoy it, but you're gonna it's …

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