Why Do So Many Americans STILL Feel Poor?
December 2, 2025
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as posted by the channelThis week, editors Peter Suderman, Katherine Mangu-Ward, Nick Gillespie, and Matt Welch dig into the disconnect between strong Black Friday spending and a public mood shaped by rising costs, economic anxiety, and slipping approval numbers for President Donald Trump. They explore why so many Americans feel poorer despite higher overall wealth, how regulation and subsidies have distorted key markets like housing and health care, and what to make of polling that shows young voters warming to democratic socialism.
The conversation then turns to the war crime allegations against Defense Secretary Pete Hegseth, who allegedly gave the orders to "kill everybody" on Venezuelan boat strikes that resulted in the killing of survivors, and what limits actually exist on the use of military force. The editors also examine a new federal ban on hemp products and the damage it could inflict on a growing legal industry. A listener asks whether recent Immigration and Customs Enforcement (ICE) actions signal a troubling erosion of constitutional protections, and the group takes time to reflect on the legacy of playwright Tom Stoppard and his long association with free speech and small government ideals.
Join us this Thursday, December 4, at 2:30 p.m. ET for a special live edition of The Reason Roundtable as part of our annual webathon. Send your questions for the Reason editors to podcasts@reason.com with "Webathon" in the subject line.
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Producer: Paul Alexander
Video Editor: Ian Keyser
Illustration: Eddie Marshall
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