Carol Roth
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Podcast Appearances
But now, you know, we're going after our allies. We're going after we're trying to kind of separate ourselves from China. Well, we have companies who decided to move manufacturing from China to Mexico so that they could be more aligned with the United States and North America. And now we're putting these crazy tariffs on it. This is something that frankly, nobody in any economic circle that I know
I agree. That was the first time we tried this and he got them to the table. And now we need to have sort of a different situation because the reality is that, as you said, He's made huge strides. We have a tiny fraction of the encounters at the border. So that is moving in the right direction. But things like price stability are not necessarily yet moving in the right direction.
I agree. That was the first time we tried this and he got them to the table. And now we need to have sort of a different situation because the reality is that, as you said, He's made huge strides. We have a tiny fraction of the encounters at the border. So that is moving in the right direction. But things like price stability are not necessarily yet moving in the right direction.
I agree. That was the first time we tried this and he got them to the table. And now we need to have sort of a different situation because the reality is that, as you said, He's made huge strides. We have a tiny fraction of the encounters at the border. So that is moving in the right direction. But things like price stability are not necessarily yet moving in the right direction.
And to throw this into the mix, At a time that is so precarious from an economic situation, even if that is the ultimate outcome, it seems like the wrong tactic to take because the situation on the economic front is so volatile. Find another path to do that. That's all I'll have to say on that.
And to throw this into the mix, At a time that is so precarious from an economic situation, even if that is the ultimate outcome, it seems like the wrong tactic to take because the situation on the economic front is so volatile. Find another path to do that. That's all I'll have to say on that.
And to throw this into the mix, At a time that is so precarious from an economic situation, even if that is the ultimate outcome, it seems like the wrong tactic to take because the situation on the economic front is so volatile. Find another path to do that. That's all I'll have to say on that.
And that's and that's going back to the surgical part. If it was something very specific, I could understand. But across the board at these levels seems really insane.
And that's and that's going back to the surgical part. If it was something very specific, I could understand. But across the board at these levels seems really insane.
And that's and that's going back to the surgical part. If it was something very specific, I could understand. But across the board at these levels seems really insane.
None of us can. It's also timing. Right. So we're talking about all of these things as if we were in a normal world and we're not. We're on the precipice of economic crisis thanks to the Biden administration. And so, you know, the tactics and strategies that we may have been able to employ during a normal time are not what are required right now.
None of us can. It's also timing. Right. So we're talking about all of these things as if we were in a normal world and we're not. We're on the precipice of economic crisis thanks to the Biden administration. And so, you know, the tactics and strategies that we may have been able to employ during a normal time are not what are required right now.
None of us can. It's also timing. Right. So we're talking about all of these things as if we were in a normal world and we're not. We're on the precipice of economic crisis thanks to the Biden administration. And so, you know, the tactics and strategies that we may have been able to employ during a normal time are not what are required right now.
Like we said, the first time he threatened the tariffs, it worked on the immigration or the migration front. Right. We stopped the flow of illegals to the point where we haven't seen these numbers in a very long time. So take the win. But right now, what the American public needs is some certainty and stability.
Like we said, the first time he threatened the tariffs, it worked on the immigration or the migration front. Right. We stopped the flow of illegals to the point where we haven't seen these numbers in a very long time. So take the win. But right now, what the American public needs is some certainty and stability.
Like we said, the first time he threatened the tariffs, it worked on the immigration or the migration front. Right. We stopped the flow of illegals to the point where we haven't seen these numbers in a very long time. So take the win. But right now, what the American public needs is some certainty and stability.
And so with this very fragile economic situation, anything that is going to make it worse is not the right tactic to take right now. And we also have to decide who is going to be on our side and who's not going to be on our side. If China is really the enemy here, then maybe just say, OK, we got
And so with this very fragile economic situation, anything that is going to make it worse is not the right tactic to take right now. And we also have to decide who is going to be on our side and who's not going to be on our side. If China is really the enemy here, then maybe just say, OK, we got
And so with this very fragile economic situation, anything that is going to make it worse is not the right tactic to take right now. And we also have to decide who is going to be on our side and who's not going to be on our side. If China is really the enemy here, then maybe just say, OK, we got
it's a little bit of a way down with China and Mexico, or to me with Canada and Mexico and what we wanted, we're just gonna leave that and now we're gonna focus on this thing with China and keep our allies intact. I just don't think now is the time when we require this very careful choreography to get us out of a crazy economic situation