

Like it or not, that’s been the interpretation since the founding of the US. It is not the case in some other countries, but I’m assuming we are talking about the US here. What most people miss is it only restricts the government from punishing your speech, not private entities. Insults, defamation, and lies, are absolutely allowed, but you can be found liable civilly for any damage done by this speech either through punitive damages (lawsuit settlement) or other means, deplatforming, loss of employment, etc.
threats, calls for hatred, are a bit of a gray area. It depends on the severity of the threat, but true threats can be prosecuted.
Hate speech is generally allowed, but if it is inciteful enough to be a true threat, it too can be prosecuted.
If you’d like to read up on true threats, see below:
https://www.law.georgetown.edu/icap/wp-content/uploads/sites/32/2024/08/True-Threats-Guidance-3.pdf
In other news, JD Vance says “What’s that?” When asked about the Streisand effect.