Detailed text transcripts for TV channel - MSNBC - 20190606:19:24:00 : vimarsana.com

Detailed text transcripts for TV channel - MSNBC - 20190606:19:24:00

there have been a number of reasons why wage growth has stagnated. one big issue that deserves to be talked about in this area is croneyism. corporate croneyism where the government picks winners and losers that is a reason certain industries for prosperred and been hurt. look at the steel and aluminum industry right now. they have been chosen as a big winner by this administration because of the steel aluminum tariffs and great for them. that's a few thousand jobs that get protected by the government. but that's terrible. it's wrong for millions of other americans who are paying higher prices for steel and aluminum when they are in the products they need and so government action has also contributed to wage stagnation over the years. not just trade. >> we are going to come back and talk about taxes. you and i don't see eye to eye on whether or not the tax cut thing has been great. we'll save that for a different conversation. i appreciate you having the discussions with me. coming up next, president

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