Robert Rubin
๐ค SpeakerAppearances Over Time
Podcast Appearances
We should have an economic, we should have economic, we should have immigration that serves our economic needs, and then we should have
at least in my opinion, measures to deal with the currently undocumented people so they can become, who are part of our economy, and if they are obviously doing adverse things or criminal, that's a different matter, they can continue to prosper in our economy and eventually become citizens.
There's so much that we can do, but we're doing the opposite of all these things.
When President Clinton announced NAFTA in the East Room, I totally agree with that, Lisa.
But I think the wrong conclusion is therefore let's not open trading markets.
I think the right conclusion is let's do what President Clinton talked about when he announced NAFTA but that we never were able to do politically.
We lost control of the Congress and we lost the ability to do it.
That is, have in place
retraining, social safety nets, a greatly increased earned income tax credit so that people with low incomes will have higher incomes, and have all that to deal with job losses.
And as much as that is a problem with respect to trade, AI, in my opinion, and you all have your own views, some of you probably know a heck of a lot more about it than I do, but as I say, I've been taking tutorial for the last two years, twice a week, so I kind of know something about it.
I think that the potential for job losses is very substantial.
And so as much as we needed that kind of an adjustment set of programs to deal with trade, and we did need that, Lisa, absolutely, and we don't have it, I think we're going to need even more to deal with AI.
Lisa, there's no, it's not part of the political dialogue.
And it should be.
Look, our political system is in terrible shape.
And that's not a partisan comment.
Though I do think Trump is doing just immense damage to our country.
It was economic policies and his actions.
But in neither party are we talking about a lot of what we need to talk about.
And one of the things we need to do