Michael Steele
π€ SpeakerAppearances Over Time
Podcast Appearances
That's our economy. We are a consumer-based economy. Yes, we want manufacturing in this country, but they're not going to manufacture this remote control here in this country because there's not a U.S. company that's going to stand up the cost to do that. Businesses have looked and moved globally. And that integration is important. Why? Because we are at the leading edge of it.
That's our economy. We are a consumer-based economy. Yes, we want manufacturing in this country, but they're not going to manufacture this remote control here in this country because there's not a U.S. company that's going to stand up the cost to do that. Businesses have looked and moved globally. And that integration is important. Why? Because we are at the leading edge of it.
Everybody wants to be like us. They want to sell us products. They want us to sell them stuff to the extent that we do. But what Trump has done is created this lie that somehow all of manufacturing, everything that we have is manufactured here. That's just not going to happen, folks. It just isn't. And if it does, this stapler that I spent $8.99 for is going to cost me $28 or $30 or $40.
Everybody wants to be like us. They want to sell us products. They want us to sell them stuff to the extent that we do. But what Trump has done is created this lie that somehow all of manufacturing, everything that we have is manufactured here. That's just not going to happen, folks. It just isn't. And if it does, this stapler that I spent $8.99 for is going to cost me $28 or $30 or $40.
Everybody wants to be like us. They want to sell us products. They want us to sell them stuff to the extent that we do. But what Trump has done is created this lie that somehow all of manufacturing, everything that we have is manufactured here. That's just not going to happen, folks. It just isn't. And if it does, this stapler that I spent $8.99 for is going to cost me $28 or $30 or $40.
Because that's the cost of having it done here. We forget the labor costs. We forget the production costs, the cost of materials, all these things. So if it's a manufacturer, if I can go to Tim, who is in... in France, who is the one who creates the screws to go into my equipment, and he's done it cheaper than I can get down the street somewhere else, guess what I'm gonna do? I'm gonna go to Tim.
Because that's the cost of having it done here. We forget the labor costs. We forget the production costs, the cost of materials, all these things. So if it's a manufacturer, if I can go to Tim, who is in... in France, who is the one who creates the screws to go into my equipment, and he's done it cheaper than I can get down the street somewhere else, guess what I'm gonna do? I'm gonna go to Tim.
Because that's the cost of having it done here. We forget the labor costs. We forget the production costs, the cost of materials, all these things. So if it's a manufacturer, if I can go to Tim, who is in... in France, who is the one who creates the screws to go into my equipment, and he's done it cheaper than I can get down the street somewhere else, guess what I'm gonna do? I'm gonna go to Tim.
I'm gonna go to where the cost is cheaper to me because it stays cheaper for you. So when you break that, which is what Trump is trying to do, the downward impact is not on the millionaire mamas and the billionaire boys. It's on the mom and pop operation in your neighborhood who has to close now, will not be hiring your kid this summer, will raise its prices.
I'm gonna go to where the cost is cheaper to me because it stays cheaper for you. So when you break that, which is what Trump is trying to do, the downward impact is not on the millionaire mamas and the billionaire boys. It's on the mom and pop operation in your neighborhood who has to close now, will not be hiring your kid this summer, will raise its prices.
I'm gonna go to where the cost is cheaper to me because it stays cheaper for you. So when you break that, which is what Trump is trying to do, the downward impact is not on the millionaire mamas and the billionaire boys. It's on the mom and pop operation in your neighborhood who has to close now, will not be hiring your kid this summer, will raise its prices.
So now everything you're buying in that community is going to cost you more. And who's going to be held accountable for that? You're going to blame Joe Biden for that? Because that's what Donald Trump wants you to do. He wants you to blame Joe Biden. Joe Biden gave us the worst economy in the history of the world. No, he didn't. No, he didn't.
So now everything you're buying in that community is going to cost you more. And who's going to be held accountable for that? You're going to blame Joe Biden for that? Because that's what Donald Trump wants you to do. He wants you to blame Joe Biden. Joe Biden gave us the worst economy in the history of the world. No, he didn't. No, he didn't.
So now everything you're buying in that community is going to cost you more. And who's going to be held accountable for that? You're going to blame Joe Biden for that? Because that's what Donald Trump wants you to do. He wants you to blame Joe Biden. Joe Biden gave us the worst economy in the history of the world. No, he didn't. No, he didn't.
You're giving us the worst economy in the history of the world. How do we know that? Because the world markets are telling us that. That's why the bond market did what it's done. That's why the Dow is doing what it's doing. And for those of you who are in the market, go look at that 401k. How much did you lose yesterday? Or don't.
You're giving us the worst economy in the history of the world. How do we know that? Because the world markets are telling us that. That's why the bond market did what it's done. That's why the Dow is doing what it's doing. And for those of you who are in the market, go look at that 401k. How much did you lose yesterday? Or don't.
You're giving us the worst economy in the history of the world. How do we know that? Because the world markets are telling us that. That's why the bond market did what it's done. That's why the Dow is doing what it's doing. And for those of you who are in the market, go look at that 401k. How much did you lose yesterday? Or don't.
I would, too. I would be nice to have them actually stand on the side of the American consumer. to stand on the side of the American small business owner. We can all create a space in which markets work that lead to fair trade. And look, bottom line, we know China is a piece of shit when it comes to this space. No one's defending China, no one's excusing China, and they need to pay a price.
I would, too. I would be nice to have them actually stand on the side of the American consumer. to stand on the side of the American small business owner. We can all create a space in which markets work that lead to fair trade. And look, bottom line, we know China is a piece of shit when it comes to this space. No one's defending China, no one's excusing China, and they need to pay a price.
I would, too. I would be nice to have them actually stand on the side of the American consumer. to stand on the side of the American small business owner. We can all create a space in which markets work that lead to fair trade. And look, bottom line, we know China is a piece of shit when it comes to this space. No one's defending China, no one's excusing China, and they need to pay a price.