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leland: caterpillar isn't being hurt by these tariffs? >> i don't think we can make that general statement. why the president is doing this, right, we are trying to level the playing field. that's what the president's been trying to do -- leland: you're mixing the arguments here though, my friend. you can make the argument that, look, the tariffs and the pain that the tariffs are causing are worse because you're trying to level the playing field, but i think it's a non seq. non sequil ignore the real estate that it's causing a lot of businesses real pain. >> when you look at the longer term gain, the president -- leland: so you're saying, you're changing your argument to say the pain is worth it. >> well, there is some level of pain, but i would actually of an economy that had been completely off kilter with the chinese government subsidizing a lot of the manufacturers that are competing against our small businesses, making it much harder really for us to open up the chinese economy which could be worth billions and billions
common. they couldn't be in place without government sanctioning and defending and continuing it. the government is the problem. not the solution. i think we've heard that before, but it's still true. >> let's do that again another day because i don't disagree the government's a problem, but i would disagree the only solution is the government. in ord in other words, it's not as if caterpillar isn't going to make a good decision. >> the presidential ambitions of michael bloomberg who's denying his big economic speech was the start of a 2012 run, but the rhetoric sounds familiar. >> if we act and seize this moment, we can continue to be the greatest country ever brought forth in this world. >> our challenges are an opportunity to write another cha chapter of american greatness. >> today, together, we can finish the work that needs to be done and usher in a new birth of