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January 1, 2019
Hes basically saying this this presidency is going to matter, that hes not going to let china get away with intellectual property theft the way it has with the cyber hacking it has and try to say this is the time to take a hard line to try to move china into being a more responsible actor on the world stage. its a tough line, its high risk but he has had the guts to do it and if he was simply focusing his fire on chain and not attacking all our allies simultaneously it might actually have a bigg...
July 9, 2018
Either. even if its not showing up in their five products yet, it will eventually. >> this is a double manny. lets say youre a manufacturing worker, a farm worker, your pay gets crimped at the same time your stuff -- >> if it get cut. >> at the same time the stuff you buy gets more expensive. >> over time, these things tend to multiply. i think of them as corosive like a leaky pipe. you ignore it for a while. maybe you repair it a little bit. until it bursts and you have a catastrophe. thats how...
June 8, 2018
Deals? >> this is one of the two things that donald trump believes to his core. he believes that trade deals over the decades disadvantaged the united states. and he thinks that the costs of burdens of americas world role far exceed the benefits. i frankly disagree with him on both point. so do the leaders of the countries that he is meeting with in quebec. all sides benefitted from the free trade agreements. the presidents narrow fixation on bilateral balances is simply not the way to measure t...
May 1, 2018
Car makers pocketed add profits and their supply was with held and u.s. consumers paid. it doesnt accrue to the u.s. it falls on the shoulders of the u.s. consumer. i dont think this tactic is productive and thats what im concerned with. >> something you just addressed is a big concern. even the trade war with china thats an underlying goal for this administration or curtailing practices that they dont like. imports from lower wage countries have served the american consumer well. its not served...
April 9, 2018
Trade barriers before they were in the wto. the reason this is happening is because china developed a stronger, more competitive economy. one strategy would be to try to hold them down. i dont think that would be a strategy we could execute. i think itd have serious security consequences over time. what we have to do is recognize the reality of chinas economic success and try to turn it to a competitive advantage for us. >> when we talk about intellectual property or the theft of it, if the pres...
January 23, 2018
This is the workers argument against globalism and that globalization and free trade is excellent for gdp growth. its excellent for corporate profitability but if youre a manufacturing worker in a high wage country like the united states, its hard to make the case its been excellent for you and thats what president trump is playing to. ill say this, on that particular point, he does have a point. >> what are we expecting when he arrives there? >> reporter: extra security. this is already one of ...
December 1, 2016
Is an auto state and has been particularly hard hit back in the year in 2003, a manufacturing worker in michigan got about $28 an hour. this has dropped. after you adjust for inflation, it has dropped to $20 an hour today. manufacturing worker in michigan went from $28 to $20 after adjusting for inflation. >> almost a 30% drop. >> exactly. theres nothing in the trump plan, nothing really in anybodys plan pretty much for how to resolve this. and then we talked about competition. when you asked ab...
February 12, 2014
Kinds of jobs. on balance, walmart has been a very positive thing for the american economy. i agree. i think this ad touches your sort of sense of patriotism. i liked it. >> mike roe says, look, im not advocating for walmart. at least it is doing something. i am here to help create american jobs. if this creates just one, thats okay. >> walmart sort of walked right into it. so many people have said isnt it rich that walmart is proposing to buy $250 million of american made goods over ten years w...
March 11, 2013
Daylight saving too many. >> you have inner angst? >> its not inner. >> he wears it on his sleeve. the question about manufacturing. apple made news a couple of months ago we are going to cut manufacturing jobs back here. some people said that would sort of a cosmetic thing. is there opportunity for manufacturing to come back to the united states in a way that is good for the middle class? in other words, not low paying jobs? can a manufacturing worker in the united states compete globally at th...
January 7, 2012
Talking about here, is as simple as a question of unions have gotten weaker in the united states and thats whats happening. >> thats a big piece of it. >> i think its a piece of it. the thing that worries me much more, i think what were really seeing is the american worker, the manufacturing worker, and increasingly people doing white collar jobs, being he can posed to the full force of technological change and globalization. you see it now. a lot of people are talking about the resurrection of ...