Brandon
👤 SpeakerAppearances Over Time
Podcast Appearances
Rob, if you could pull up the picture I sent you.
These things that, you know, whether it's semiconductors, advanced chips, aerospace, rare earth mining, rare earth refining, less than 10% of those things are manufactured in the U.S.
So if that's not a matter of national security, I don't know what is.
And the primary goal, if not one of the many goals of the tariffs, is to get those things back to the U.S.
to be produced in the U.S.
because it's impossible to compete with a country that pays slave wages to produce items because obviously it's going to be cheaper to, you know,
have manufactured in different country and brought it over here.
So I didn't even think the tariffs were a strong enough measure to enforce that, but they were a step in the right direction.
So, you know, how do we solve for that?
How do we solve for being undersold by, you know, third world countries or countries like China who could produce something for a fraction of what we could produce it for?
And when they're critical to our national security, which is why I think it is a false ruling by the Supreme Court is a matter of national security.
It's not just an economic matter.
But we have to compete with countries who are able to move at light speed, though.
I mean, like what Russia took their interest rates to 22 percent when we put the sanctions on them and they were able to stabilize their economy.
So, I mean, you kind of have to be able to swiftly move if other countries are doing things, too.
Well, for sure.
Let's talk about Netflix, but I don't want to talk about their shows and movies.
I want to talk about the economic impact Netflix makes in this country.
Over the past 10 years, Netflix has contributed $225 billion to the U.S.