Governor Andy Beshear
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Podcast Appearances
and understanding that when we make it easier for people to build that facility, then the jobs come to our people that much faster.
and understanding that when we make it easier for people to build that facility, then the jobs come to our people that much faster.
We don't end up having that specific conversation because even with all the laws the legislature's passed, union membership has gone up in Kentucky each of the last three years. They're booming, especially in the construction, in the building trades, and they're building all these facilities, getting them done on time and on budget.
We don't end up having that specific conversation because even with all the laws the legislature's passed, union membership has gone up in Kentucky each of the last three years. They're booming, especially in the construction, in the building trades, and they're building all these facilities, getting them done on time and on budget.
What we end up talking about the most is both getting their facility constructed on time, but then also workforce. While other states looked down on manufacturing for a long time, we never did. We believe in work. We believe that we need to make in the United States what the United States needs. And so we were reshoring manufacturing before the second Trump administration.
What we end up talking about the most is both getting their facility constructed on time, but then also workforce. While other states looked down on manufacturing for a long time, we never did. We believe in work. We believe that we need to make in the United States what the United States needs. And so we were reshoring manufacturing before the second Trump administration.
And the ironic thing is it has slowed down the pace of reshoring. That these tariffs that are supposed to encourage companies to build in the United States, those companies were already planning. on building in the United States. They'd done too much with China. They were trying to hedge in the United States. Our growth was bigger than just about any other country.
And the ironic thing is it has slowed down the pace of reshoring. That these tariffs that are supposed to encourage companies to build in the United States, those companies were already planning. on building in the United States. They'd done too much with China. They were trying to hedge in the United States. Our growth was bigger than just about any other country.
But it takes three to five years and the tariffs will hit them right now. And even when they build their facility, they will need to import certain materials or parts for a long time. And so so these tariffs are actually stopping the the aim that the Trump administration claims that it has. And everybody's seeing it. Everybody's seeing pause projects, cancel projects.
But it takes three to five years and the tariffs will hit them right now. And even when they build their facility, they will need to import certain materials or parts for a long time. And so so these tariffs are actually stopping the the aim that the Trump administration claims that it has. And everybody's seeing it. Everybody's seeing pause projects, cancel projects.
And now we're even seeing layoffs. This is the single most damaging economic policy I've seen from a president in my lifetime. And the fascinating thing to me is more than anything I've ever seen in politics, it's attributable to one person and one person alone.
And now we're even seeing layoffs. This is the single most damaging economic policy I've seen from a president in my lifetime. And the fascinating thing to me is more than anything I've ever seen in politics, it's attributable to one person and one person alone.
It does. And making batteries in the United States right now takes foreign direct investment. So this is a joint venture between Ford that has a huge Kentucky presence and SK, which is a South Korean company. Okay.
It does. And making batteries in the United States right now takes foreign direct investment. So this is a joint venture between Ford that has a huge Kentucky presence and SK, which is a South Korean company. Okay.
And so when you look at these tariffs, it not only makes the operations and the cost of operations that much more difficult because we do have to import right now materials, and we're going to have to until we build out this industry, which is going to take time. But what's happening before this tariff policy, but you also are insulting and or attacking the countries where these companies are in.
And so when you look at these tariffs, it not only makes the operations and the cost of operations that much more difficult because we do have to import right now materials, and we're going to have to until we build out this industry, which is going to take time. But what's happening before this tariff policy, but you also are insulting and or attacking the countries where these companies are in.
I mean, I never thought a president could push Japan and South Korea towards China. That's bad for foreign direct investment. That's bad for global security. I'll give you another example. The biggest Toyota plant in the world is in Kentucky. It's in Georgetown.
I mean, I never thought a president could push Japan and South Korea towards China. That's bad for foreign direct investment. That's bad for global security. I'll give you another example. The biggest Toyota plant in the world is in Kentucky. It's in Georgetown.
In the world. Yeah. We make the Camry. We also make some Lexuses. Right. But when you push away countries that invest and their companies invest so much in us, it creates some significant concerns. I mean, you look at what's going on in Canada right now, where they rightfully feel attacked by this administration. Sure.
In the world. Yeah. We make the Camry. We also make some Lexuses. Right. But when you push away countries that invest and their companies invest so much in us, it creates some significant concerns. I mean, you look at what's going on in Canada right now, where they rightfully feel attacked by this administration. Sure.