it doesn t change the arc of history here where most of these jobs think he s going to disappear because of technology and foreign behavior. it raises costs to every american who has to buy these products. it eliminates many more jobs than it solves because people stop buying these other products. so on balance this makes no sense. plus what have we done here, john? we have introduced the idea that any country can now claim their right to act unilaterally on trade in the name of their national security. this is the sort of thing that has the potential to just wreck the global trading system. we have over ten million americans, over ten million, who depend on their jobs on the ability to export. this is playing with fire. this is so narrow and short-sighted. this is going to come back and boomerang. i will say, in the bush administration the president tried it for a year, there was a net job loss of about 175,000 jobs, working class jobs got lost as many were preserved, more were lost
this week in 1974. number one of course. seasons in the sun. this week in 1974. glad we got that out there. also, some of the great am songs at all time, number four jungle boogie number five rock on by david essex, as good as it gets. and at number 11, love s thing love unlimited orchestra barry white. isn t spiders and snakes on there, too? and that ain t what it takes to love me. that s top ten this week. but i would think your favorite jim stafford song would be wildwood weed. sunshine on my shoulder by john denver. that s a classic. my favorite mccartney song ever jet coming in. so strong. also let me roll with this. the lenin primal scream at
the national trading system which has been a tremendous blessing and boost overall for american strategy and for the american economy. and just to give you one example, the third largest source of american steel imports is south korea. why would we want to penalize south korea at the very time we re trying to coordinate a joint approach towards north korea? so it makes no strategic sense. economically it s legitimate. some have lost as a result of chinese overcapacity and overproduction. that s a legitimate thing. what we need to think though is how to respond in a way and the serious response is to train americans not for the steel jobs that will never come back, but it s to train them for the jobs that will emerge in the future. that s the serious conversation the 45th president of the united states need to have an honest conversation with the american people, with american workers. this is smoke and mirrors. this is politics.
he named his boat alexa which, by the way, my nine-year-old son unplugs the alexa because he says he doesn t want the chinese listening into our conversations. or anyone else. i m with him. but you actually you said you wanted to move to a cabin. turn your phone off. there s alexa news. the headline is amazon echo gadgets are doing witch-like laughs and alexa is refusing to obey its owners. see? apparently amazon says they have a fix for it. my daughter had a huge fight with alexa. this is what elon musk warned us about as far as ai several months ago. i can t take it. oh, my god. that s the laugh. can you imagine if your alexa started doing this spontaneously. you re freaking me out. thank you so much. and from there it went to the one thing that you can do though is alexa what the gdp of turkey? it s amazing what that thing does but probably does a lot more.
quite frankly think he s going to undermine the rest that they ve done. any economic growth is at risk because of this plan. john heilemann, i don t think i ve seen republican on the hill as united against the president since he tweeted out about mika last summer. it s true. look, this is obviously what piece of republican orthodoxy, it s a piece of bipartisan orthodoxy that free trade is a good thing. everybody talks in this context about goes back to smoot-hawley and says look how bad smoot-hawley was, it was obviously bad but we have a more recent precedent. in the bush administration we had tariffs on the same industry, on the steel industry. just talk about how that worked out. you don t have to have a long memory to go back to that one-year experiment in steel tariffs to discover what the economic impact will be on the united states. this type of intervention costs roughly on the order of a million dollars for every job preserved, which is a rather high price tag to pay.