Rand Paul
๐ค SpeakerAppearances Over Time
Podcast Appearances
If you look at household income for the last 70 years, what you will find is that the lower income, below 50, and middle, 50 to 100, have gotten slightly smaller over time. But it's because they've all moved to the upper class. Over $100,000 in constant dollars has grown threefold while $50,000 to $100,000 is slightly smaller over 70 years. They migrated to the upper class.
If you look at household income for the last 70 years, what you will find is that the lower income, below 50, and middle, 50 to 100, have gotten slightly smaller over time. But it's because they've all moved to the upper class. Over $100,000 in constant dollars has grown threefold while $50,000 to $100,000 is slightly smaller over 70 years. They migrated to the upper class.
They didn't go to the lower class.
They didn't go to the lower class.
They didn't go to the lower class.
A lot more than you would guess. Four voted with me to end the emergencies. And some of that's a constitutional question, whether or not Congress should vote to raise taxes or whether a president can raise taxes. And some of that's on tariffs. But if you went around my caucus, I mean, you'd find probably 15 to 20 who will still tell you, oh, we're free traders, we're free traders.
A lot more than you would guess. Four voted with me to end the emergencies. And some of that's a constitutional question, whether or not Congress should vote to raise taxes or whether a president can raise taxes. And some of that's on tariffs. But if you went around my caucus, I mean, you'd find probably 15 to 20 who will still tell you, oh, we're free traders, we're free traders.
A lot more than you would guess. Four voted with me to end the emergencies. And some of that's a constitutional question, whether or not Congress should vote to raise taxes or whether a president can raise taxes. And some of that's on tariffs. But if you went around my caucus, I mean, you'd find probably 15 to 20 who will still tell you, oh, we're free traders, we're free traders.
They fear going up against the president of their party. If this were President Biden doing it, probably over 50 would because a lot of them vote simply on partisanship and not on principle or not on economic calculation. But there still are a bunch of them from farm states. Look, the Farm Bureau is a very mainstream, solid organization. It's been around probably over 100 years.
They fear going up against the president of their party. If this were President Biden doing it, probably over 50 would because a lot of them vote simply on partisanship and not on principle or not on economic calculation. But there still are a bunch of them from farm states. Look, the Farm Bureau is a very mainstream, solid organization. It's been around probably over 100 years.
They fear going up against the president of their party. If this were President Biden doing it, probably over 50 would because a lot of them vote simply on partisanship and not on principle or not on economic calculation. But there still are a bunch of them from farm states. Look, the Farm Bureau is a very mainstream, solid organization. It's been around probably over 100 years.
They're a very significant force in my state, and it's part of their manual. They are for trade because 20 to 25 percent of their crops are sold overseas.
They're a very significant force in my state, and it's part of their manual. They are for trade because 20 to 25 percent of their crops are sold overseas.
They're a very significant force in my state, and it's part of their manual. They are for trade because 20 to 25 percent of their crops are sold overseas.
He already has. I think we're already having an influence. Many in the media come up and say, how does it feel to lose? And since we actually won in the Senate, but then lost because it didn't become a law. But what you find is that he's already backed away. So everybody's China, China, China, let's stop trading with China. But then he exempted iPhones.
He already has. I think we're already having an influence. Many in the media come up and say, how does it feel to lose? And since we actually won in the Senate, but then lost because it didn't become a law. But what you find is that he's already backed away. So everybody's China, China, China, let's stop trading with China. But then he exempted iPhones.
He already has. I think we're already having an influence. Many in the media come up and say, how does it feel to lose? And since we actually won in the Senate, but then lost because it didn't become a law. But what you find is that he's already backed away. So everybody's China, China, China, let's stop trading with China. But then he exempted iPhones.
Well, that's one of the biggest products that comes out of China is iPhones. With the car tax, he put a 25% tax on cars. And then with a lot of our complaints and with the automobile people complaining, he said, well, we'll make it only 10% if you finish the car in the United States. So what will happen is people have to play tricks and games to adhere to the whims of whoever's in power.
Well, that's one of the biggest products that comes out of China is iPhones. With the car tax, he put a 25% tax on cars. And then with a lot of our complaints and with the automobile people complaining, he said, well, we'll make it only 10% if you finish the car in the United States. So what will happen is people have to play tricks and games to adhere to the whims of whoever's in power.
Well, that's one of the biggest products that comes out of China is iPhones. With the car tax, he put a 25% tax on cars. And then with a lot of our complaints and with the automobile people complaining, he said, well, we'll make it only 10% if you finish the car in the United States. So what will happen is people have to play tricks and games to adhere to the whims of whoever's in power.