4-5-25 The Weekend Hour 2: Trump Is Just Doing His Art Of The Deal

Episode Transcript

Speaker 1 (00:00):
To night.

Speaker 2 (00:01):
Michael Brown joins me here, the former FEMA director of
talk show host Michael Brown.

Speaker 1 (00:04):
Brownie, No, Brownie, you're doing a heck of a job.

Speaker 3 (00:07):
The weekend with Michael Brown. I don't know why, but
you stumbled into the Weekend with Michael Brown. But I'm
really glad that you've done that. So we have a
couple of rules of engagement. They're pretty easy. I think
even you guys can you know, I think even if
you're a conservative Republican, I would imagine even if you're
a liberal Democrat, you can probably follow these rules. Although

(00:28):
I got my doubts, I think you probably can. So
if you want to send me a text message, you
can do that anytime, day or night. Anytime, you know,
you wake up in the middle of the night and
you're thinking to me, yeah, which I know you do,
you can send me a text message. The number on
your message app is three three one zero three. I
probably won't read it till the next day, but you
can text me anytime, can't You just imagine that, and

(00:49):
you're tossing in turn. You wake up and you're thinking,
damn it. Michael Brown today says something that it's got
me all wound up. So you pull out your phone
and you get yours. You open up eye messages and
you type in three to three one zero three, and
then you use a keyword Mike or Michael, one of
those two, and then you tell me something here, you
ask me something at four am. Now on the weekdays,
that's fine because I'm not getting ready to go to

(01:11):
work anyway. But you can do that. Be here and
follow me on X. I appreciate all the follows on
what's formerly known as Twitter X. And my handle over
there is at Michael Brown USA at Michael Brown USA.
Go give me a follow. Honestly, I'm just trying to
get twenty one thousand follovers, so I really would appreciate
you doing that. Do an old man of favor. So

(01:32):
we're talking about tariffs. Now, we're going to finish Professor
Hanson here in just a second, but before we do, again,
to give you a little bit of a roadmap. Have
you ever thought about Trump's art of the deal. Have
you ever thought about just what you do? I mean,
I walk into a car dealership, I walk into a
contract negotiations. I know what my bottom line is. So

(01:55):
if my bottom line is whatever that let's just say
it's a dollar. My bottom line is one dollar, or
we'll all start of five dollars because I know that
they won't give me five dollars, but that forces them
to play their hand, so when I when If you know,
it's often said that the first person to throw out
a number in a negotiation is the loser. I don't

(02:19):
always agree with that, because if you know how to negotiate, well,
you'll come out and I'll say, look, I mean, I've
done it right here and don't tell anybody, but I've
done it right here at my own company, in my
own contract negotiations. I know what they're I know kind
of what they're willing to do. I know what I
really want, so I want I want a million dollars.

(02:42):
I know they're not going to give it to me,
but I know what they will do. So if I
can get anything above what I think they really will
do by starting out a million dollars, then then I'm
happy and they'll be happy too. It's It's Trump's art
of the deal. It's pretty it's it doesn't get much
simple than that, really, But why do you think the

(03:05):
market reacted the way it did? Why there's a bazillion
reasons why. Every economist will tell you their version of
why they think the market did what it did. I
think tarifs were an excuse, and I'm not an economist.

(03:27):
I think it was an excuse. They knew at some
point Trump or somebody, but more likely Trump than not
anybody else, because nobody else in the past has done it.
Reagan didn't do it, Bush one, Bush two didn't do it.
Clinton didn't do it, Obama didn't do it. But it
comes along Trump, and we know that they've been feeding

(03:49):
off the funny money for the past four or five
years because of COVID. We know the market's way over valued.
We know it's due for a correction. I mean, if
you've listened to CNBC or Bloomberger anybody else for any
length of time, they've been telling you for at least
two years, if not longer, that the market is new
for a correction. I've looked at my portfolio and I thought,
wait a minute, that seems to be a little kind

(04:10):
of a high evaluation looking at your earnings. Why is
the stock valued so high? But I just let it ride.
I let it ride because I don't need the money
right now, so I'm just gonna let it ride. So
if they've been telling you that we need a correction
or we should expect a correction, then long comes Trump
announces his Liberation Day, which I thought was kind of cheesy,

(04:31):
but nonetheless that's Trump's marketing, and the market says, oh,
this would be a good day for us to start
taking our profits. So they start taking their profits because
they know, whether it's in Vidio or Apple or TSMC
or anybody else, particularly on the NASDAC, let's take our
profits now. So they start selling and there's not really

(04:52):
many buyers for those stocks, although they keep going lower.
I'm going to raise my hand. Oh you know what,
Apple goes a little bit lower, Tesla goes a little
bit lower. You Yahoo's to keep, you know, keying Tesla's
I'm not I hate evs, but I love profits. I
love making money. And if I can make money off Tesla,
make money off Tesla, Well, just keep damaging the country

(05:16):
of the company, just keep driving the value of those
cars down, and just keep doing that, because you know what,
they're still a market form. People are still going to
buy them, and eventually the stalk stock will come start
coming back up. So I will have bought it at
a discount. It's it's it's better than going to Vegas. Yeah,
it's kind of like going to Vegas, but a little
bit better. So this panic sets in. The panic then

(05:41):
goes from economic panic because I don't really think it's
economic panic. I think it's political panic. Oh my god,
we got a president who's actually doing what he said
he was going to do. And it also shows and
most people never stop and think about this. All those
yahoo congressmen that you see over here that are screaming, yelling,
and you know, even some Republicans that are expressing doubts

(06:02):
on my you know, oh, I really really hope this works.
But you know, I'm really they're they're trying to prevaricate,
they're trying to play both sides of the issue. If
it works, then they'll stand up and say, oho, I
was for it all the time. If it doesn't work,
they'll say, see, I told you so. And then the
Democrats see the opportunity to pile on Trump because if Trump,

(06:24):
if Trump determines, if he signs an executive order tomorrow
this says, I hereby declare that the sun shall rise
in the east and set in the West and the
sky shall be blue on a clear day. They'll come
out and be opposed to it. Yeah, I guarantee you
they will, because that's how that's how irrationally become. So

(06:45):
now that he's actually doing something that we've been asking
to be done for decades, now they have to attack him.
Why do they attack him because they know that at
some point somebody and I want to be that person,
and I want you to be that to turn to
them and say, you had your chance, you could have
done something, and you didn't. And now look at us.

(07:09):
We've got a thirty seven, thirty nine, whatever it was,
trillion dollar debt, and you keep telling us you'd run
for reelection. You'd promised me that you'd lower my taxes.
You promised me that you'd make Social Security solvent. You
promised me that you'd fix Medicare and medicaid. You promised
me that you would cut back on title entitlements. You
promised me a strong defense, you promised me tax cuts,

(07:31):
you promised me all of this stuff, and you didn't
do anything. You didn't do anything. You see, they're running scared.
They're all running scared because now the bull in the
China closet is actually doing something, and they're scared to
death of that. They're also scared of it because if

(07:55):
this works, which I think that it will, maybe not immediately,
but I think we're already seeing some responses Vietnam, Argentina, India, Israel,
they've all said, oh yeah, guess what, they'll drop ours.
So if he can keep that momentum going, which I

(08:18):
think he will, because I think this guy, even when
he's golfing, is working the phones. He's always working, you
know what, because that's that's what he did as a businessman,
was always working. Now you may wonder, well, Michael, what
do I do about my friends who are over here

(08:39):
all panic? Like? You know, I've got some old high
school friends I see occasionally on Facebook, and oh my god,
they are They're apoplectic. They're like the sky is falling?
And what's wrong with you, Maga people? What's wrong with
your Republicans? What's wrong with you conservatives? Can't you see
he's destroying the economy? Ask them how how? And I say, oh,

(09:00):
look at the stock market. Do you understand how the
stock market works? Do you understand that the correction that
we've had is still higher than what the highs were
during the Biden administration. Call them out on it. We've
got to learn as conservatives to be prepared. Factually, we

(09:25):
have to have facts in our quiver of arrows to
throw back at them, because even though they don't deal
in facts, it'll shut them up and some of them,
hopefully'll actually make them think. That's what you have to do.
So wee came with Michael Brown. Be sure and follow
me on X for only Twitter. It's at Michael Brown USA.
Go do that right now. You don't doing anything else

(09:46):
right now, go follow me on X at Michael Brown. Ussay,
I'll be right back. Hey, welcome back to the Weekend
with Michael Brown. Glad to have you with me. Appreciate
you tuning in. Text line number always open three three
one zero three, keyword micro Michael, follow me on X

(10:06):
at Michael Brown USA. Let's finish, Professor Hanson real quickly,
let me back it up. He points out that this
has been going on for quite a.

Speaker 2 (10:14):
While, acting to what they did, not what we did,
a couple of other questions that I've had. We haven't
run a trade surplus since nineteen seventy five, fifty years,
so it wasn't suddenly we woke up and said it's
on fair, we want commercial justice. No, we've been watching

(10:34):
this happen for fifty years. It's been going on, and
no president or no administration, no Congress in the past
has done anything about it, done anything about what leveling
tariffs on our products that we don't level on theirs.
It was all predicated in the postwar period. We were

(10:56):
so affluent, so powerful Europe in Russia was in shambles
that we had to take up the burdens of reviving
the economy by taking great trade deficits. Fifty years later,
we have been de industrialized. And the countries who did
this to us by these unfair and asymmetrical tariffs did

(11:19):
not fall apart. They did not self destruct. They apparently
thought it was in their self interest. And if anybody
calibrates the recent GPT GDP growth of India or Taiwan,
or South Korea or Japan, they seem to have some
logic to it. There's a final irony. The people who

(11:39):
are warning us most vehemently about this tariff quote the
Smoot Holly Act of nineteen thirty. But remember something that
came after the onset of the depression after the stock
market crashed in nineteen twenty nine. That law was not
passed alinenineteen thirty. It was not really implicated to thirty one.

(12:02):
And here's the other thing that they were conveniently not
reminded of. We were running a surplus that was a
preemptive punitive tariff on our part against other countries. We
had a trade surplus, and it was not ten or
twenty percent. Some of the tariffs were forty and fifty percent.
And again it happened after the collapse of the stock market.

(12:26):
In conclusion, don't you find it very ironic that Wall
Street is blaming the Trump tariffs for heading us into
a recession, if not depression, when the only great depression
we've ever had was not caused by tariffs but by
Wall Street.

Speaker 3 (12:42):
This is Victor David, Yeah, caused by Wall Street. I
love history. So let's go back Nancy Pelosi talking about
our trade deficit with China in nineteen ninety six.

Speaker 4 (13:00):
Are does China have to go? How much more repression,
how big a trade deficit and loss of jobs to
the American worker, and how much more dangerous proliferation has
to exist? Before members of this House of Representatives will
say I will not endorse the status quo. As I mentioned,

(13:20):
it's about jobs, proliferation, and human rights. And there are
those who say we shouldn't link human rights in trade
and proliferation and trade. I disagree. But if we just
want to take up this issue on the basis of
economics alone, indeed, China should not receive Most Favored Nation
status for several reasons that I'd like to go into now.
I'd like to call the attention of our colleagues to

(13:42):
this chart on the status quo that the business community
is asking each and every one of you to, each
and every one of us to endorse today.

Speaker 3 (13:52):
Listen closely, and then ask yourself what happened between nineteen
ninety six and twenty twenty five.

Speaker 4 (14:02):
Right now, we have a thirty four billion dollar trade
deficit with China. The nineteen ninety five figure, it will
be over forty billion dollars for nineteen ninety six. Since
the Tenement Square massacre, this figure has increased one thousand
percent from three and a half billion then to about
thirty four billion dollars now. In terms of tariffs, I'd

(14:25):
think it's interesting to note that the average US MFN
tariff on Chinese goods coming into the United States is
two percent, whereas the average Chinese tariff on US goods
going into China is thirty five percent.

Speaker 3 (14:39):
Two percent versus thirty five percent. And she's all upset
about it because it's created as one thousand increase in
in the trade deficit with China. H So you're making
the case for reciprocal tariffs. Why aren't you making that

(14:59):
same argument today? Trump? Five livers Trump?

Speaker 4 (15:06):
Trump is that reciprocal on exports. China only allows certain
industries into China of US industries into China. Therefore, only
two percent of US exports are allowed into China. On
the other hand, the US allows China to flood our
markets with thirty a third of their exports and that'll

(15:27):
probably go over forty percent, and it's limitless. We have
not placed any restriction in terms of jobs. This is
the biggest and cruelest hoax of all.

Speaker 3 (15:37):
Ooh, she's really serious. Now get when we get to jobs.
This is the cruelest hoax of all. What is it?

Speaker 4 (15:45):
Not only do we not have market access, not only
do they have prohibitive tariffs. Not only are our exports
not let in very specifically, but China benefits with at
least at least from US China trade. The President and
his statement requesting this special waiver said that it China
trade supports jobs in the United States one hundred and

(16:06):
seventy thousand jobs, whereas our imports from China support ten
million jobs.

Speaker 1 (16:13):
At least.

Speaker 4 (16:13):
The fact is that that US China trade is a
job loser. And one of the reasons that is is
because in order well, first me just make another point,
and that is that our colleagues on the other side
of this issue will say the trade with China, exports
to China have increased three times in the last ten years.
They have, but they failed to mention that exports imports

(16:35):
from China have increased eleven thereby leading to this huge
trade deficit. The other issue, in addition, if intellectual property
is a two dollars three billion dollar loss, technology transfer
is in the hundreds of billions of dollars. If you
want to sell to China your products into China, the
Chinese insists that you open a factory there. They take

(16:58):
misappropriate your technology, open factories of their own, and then
say we want to see your plan for export. That's
as simply as I can say it briefly. But the
fact is this isn't about products made in America. The
Chinese want American products that are made in China. And
the most serious of these transfers of technology are in

(17:20):
the airline industry where Boeing tail sections, the tail sections
of the Boeings were mostly made in Wichita, Kansas. Now
they are made in Shin Province, where workers make fifty
dollars a month, and they had the transfer of the
technology and the transfer of the jobs has taken place.

Speaker 3 (17:37):
You see how serious this is. Ask yourselves why the
switch cheap? Nancy Pelosi makes an articulate, logical economic reason
for doing the exactly what Donald Trump is doing today.
So why are the Democrats so apoplectic? Because it's Donald

(17:59):
Trump ump? It's pure unadulterated politics. Texta word Michael Michael
with three three ones eyo three go follow me on
exit at Michael Brown USA. I'll be right back tonight.

Speaker 2 (18:18):
Michael Brown joins me here, the former FEMA director of
talk show host Michael Brown. Brownie, No, Brownie, You're doing
a heck of a job.

Speaker 3 (18:24):
The Weekend with Michael Brown. Hey, welcome back to the
weekend with Michael Brown. Glad to have you with me.
Appreciate you tuning in, I really do. So there's one.
There's a couple of final points I want to make
about tariffs, and I hope this helps you. Many of
you probably don't need to relax, because you're probably already

(18:46):
pretty chilled out about it anyway. But Scott Descent, you know,
Trump's done something pretty amazing, I think second term and
this is this fits with my whole theory that sometimes
know this time out that Trump got and which we
had to endure with Joe Biden. Don't you find it

(19:07):
fascinating that everybody lied to us about how bad Joe
Biden was in terms of his mental capacity, and then boom,
three months out of office and we got at least two,
if not three books out telling us just how bad
Biden was in office, how dimnity was.

Speaker 1 (19:25):
Hmm.

Speaker 3 (19:27):
Doesn't build much up, build up much credibility with those reporters.
In my book, I'd love to read it, but I
don't want to spend any money on the books. But
that time out, that four year time out, as dangerous
as it was, as many problems as it created for us. Nonetheless,
I think made Trump stronger. I think it gave him
time to reflect, reflect on how do I staff the

(19:50):
White House? How do I organize the White House? How
important it is to have a chief of staff that
is a strong leader like Susie Wilds, because she had
There was a there was a I forget whether it
was this morning's Wall Street Journal or yesterday's, but about
how he has put Susie Wiles in charge of Elon Musk,

(20:12):
that she's been tasked with managing him. That says something.
Here's a guy who's who's done yeoman's work in terms
of exposing the waste, fraud, and abuse. He's suffered financially himself,
his companies have suffered. He's under physical attack, let alone

(20:32):
economic attack. And still Trump recognizes that he has to
be managed, because everybody in the White House has to
be managed, because everybody in the White House. You gotta
trust me on this because I've been there. I know
how it works. Everybody wants the president's ear, and some

(20:52):
people like to be cowboys, and some people like to
go off and just you know, heard the cattle on
their own. Well, that's what the chief of staff is for.
The chief of staff has got to be the president's
main right hand person, only right hand person other than
maybe the president's spouse or the president's children. And that's
exactly the role that Susie Wilds has taken on. And

(21:14):
now she's managing, she's managing Elon Musk. Good for her.
But the other point I would make is this, I
think Trump learned that he's got to rely on his gut.
He's got to rely on what he knows about how
to read people's character, about who to bring in onto
his team. Now we don't hear a lot about Scott Descent,

(21:37):
the Secretary of the Treasury, But when we do, it's
kind of like the old E. F. Hutton commercials gout
that date to me, doesn't it? When Scott Bissent speaks,
you gotta shut up and listen because he says something
here that I think is worth noting.

Speaker 1 (21:54):
I'm not happy with what's going on in the market today,
but the distribute of equities across households. The top ten
percent of Americans own eighty eight percent of equities, eighty
eight percent of the stop market. The next forty owns
twelve percent of the stop market. The bottom fifty has debt.

(22:17):
They have credit card bills, they rent their homes, they
have auto loans, and we've got to give them some
relief that I was struck by the statistic from last year.
There's a message right there.

Speaker 3 (22:29):
Just as a bystander, I'm like, wow, okay, right.

Speaker 1 (22:32):
Or that I like the examples. And I was really
struck by two different statistics. Last year. Summer of twenty
twenty four, Americans took more European vacations than they had
in history. Someer of twenty twenty four, more Americans were
using food banks than they ever have in history. I

(22:55):
went into two food banks that near my hometown to
ask what's the story, and they said, you know, it
really takes for a lot of people. It's a loss
of dignity to walk in a food bank. Course, but
they were seeing something a new phenomenon that it wasn't
their traditional clientele. Wasn't people who'd lost their homes. Were

(23:18):
was it people out on the street. These were working
families who could no longer one hundred dollars at the
grocery store. That basket of groceries every week. They were
missing five, six, seven things and they were coming to
the food bank. The top up so that's not a
great America record, European vacation record, food banks, and no

(23:41):
reason we can't keep the record European vacations going. But
we got to take care of these other people. And
you know what that they don't want handouts. The Democrats
had this strategy called compensate the loser. So, first of all,
the name of strategy. I don't think the bottom fifty

(24:02):
percent of Americans are losers. I think the system hasn't
worked for them. I think that they are winners. It's
just a bad system. So we are going to fix
the system. And look, they want good jobs, they want
their kids to do better than native they want to
own a home, they want to pay down their debt.

(24:24):
That this isn't hard, and I think that we can
do this in the next four years. Would had been
really fun for me to come in and just keep
issuing a lot of debt. And it's almost like a
bodybuilder is taking steroids outside looks great, you're muscular. Inside

(24:46):
you're killing your vital organs. That's what was going on here.
But it would have been easy to keep pumping up
the economy, borrowing a lot of money, creating a lot
of government jobs, there's no controversy wh doing all that,
and they but you were going to end up in
a calamity if you go back and look, you look

(25:09):
at the financial crisis in seven oh eight. Economy look
great right up until then you go back and you
look at the end of the dot com bubble and
then the whole credit problem with the fraud at World
come Enron, some other country companies. Economy look great until
it didn't. And I think one of the things that

(25:33):
we won't get credit for, but that this administration will
have done is avoiding a financial calamity.

Speaker 3 (25:42):
Precisely.

Speaker 1 (25:43):
I'm not happy.

Speaker 3 (25:44):
The point is that what's going They're now doing what
we've been asking to be done. I keep saying this,
but nobody listens to me. I don't think the vast
majority of Trump supporters, whether you wherever you fit on
that you own a lot of equities, a lot of stock,
maybe not a lot. Maybe you did take a European vacation,

(26:06):
or maybe you're one of those that has the car
loan and the home loan and you got the debt
and you're going to the food bank. It doesn't make
any difference. I think the vast majorities of all those
Trump voters are not concerned that the doll slid two
thousand points, or HOWEVERMA just now slid. What would they like?
They'd like for their children to be better off than
they were, like my parents were with me, and like

(26:27):
I was able to do, and to be able to
afford a home, to be able to have a couple
of cars without any car loans, to have no credit
card debt. I want all Americans to be able to
strive for that, and not to strive for it, but
for it to be actually an attainable goal. Some of

(26:47):
the people out there are crying the loudest right now.
They're highly leveraged, They've got no cash. They just saw
their portfolios crater, and this market crash has actually, I
think proven of many of them that many don't have
what it takes to invest, and that they don't understand
that this market was way overvalued and that we were

(27:08):
on the precipice of the edge. Secretary percent a spot
on Washington's addiction to debt has crushed working Americans while
Wall Street soared. I sound like Bernie Sanders, except I
don't believe in a socialist answer. I believe in a
pure Austrian economics answer. The bottom fifty percent aren't just struggling,

(27:32):
they're drowning in a system that's rigged for the elites.
Real release starts with slashing bureaucratic bloat, redirecting those funds,
that money back to main street and the administration's investment
Accelerator that they're using as a step cutting red tape
to funnel capital into job creation and wage growth. Let's
be clear, three trillion dollars in private investments that is

(27:55):
twenty twenty five proves that markets do respond to pro
growth policies. But that's real money, that's real people putting
real money into the market. So Congress has got to
stop wasting all these billions of dollars on four and
eight green sup to these all these different programs, all
these handouts. They've got to prioritize tax cuts, energy independence,
they got to kill inflation. That relief is not a handout,

(28:17):
it's economic survival for millions of people in this country.
You know, if you can't stand to lose everything that
you're investing, and you probably shouldn't be investing investing right
now is probably I said earlier, it's it's kind of
going to Vegas, except it's all over the East coast
and so over on the West coast. The America has

(28:40):
been paying the bills for Europe since the Marshall Plan.
We've been paying the bills for China. We've been letting
China suck out all of you know, China's built up
this fake economy in real estate and everything else with
our money, our money, and then we borrow from the Chinese,
we borrow our money back from then. It's so stupid.

(29:03):
The scent is right. We were headed off a cliff
and that was crushing Americans, and the team, the Trump
team is trying to steer the wheel and keep us
off that precipice. When half the country's drowning in debt
and the top ten percent owns nearly everything, that's not
just bad economics. It's a powder keg. And it's not

(29:26):
just a powdered cag politically, it's a powder cag socially.
It's a powder keg for the future of the republic
because at some point those people will realize that, oh,
the elites were taking advantage of us. They're getting wealthy
while we struggle, And how are they getting wealthy by

(29:49):
sending all these jobs and all this stuff that they
make over to cheap slave labor countries like communists China,
and what Trump's done has said you know, yeah, time out.
We're not gonna do that anymore. Stop. This is exactly
what Scott Descent said, and he's right. So this whole realignment.

(30:12):
We used to look at the World Economic Forum and
we've bitch and moan about their great reset. Well, truthfully,
this country needed a reset, and a reset is never comfortable.
It's never easy, it's fraught with dangers, but sometimes it's
what you've got to do. And that's where we are.
We've got to do the reset. It's the Weekend with

(30:35):
Michael Brown. Text your message to three three one zero
three keyword Michael Michael. Go follow me on X right
now at Michael Brown USA. I'll be right back. Hey,
welcome back to the Weekend with Michael Brown. Glad to
have you with me. So let's think, let's let's talk
a little bit about what's kind of been going over

(30:57):
them on for the oh past decade or so. I
think there's kind of been a consensus that's grown on
both the left and the right that this country really
does need to be more self sufficient. When it comes
to manufacturing, we don't really make anything.

Speaker 4 (31:12):
Now.

Speaker 3 (31:12):
I'm not against the information society. I think that innovation
like artificial intelligence. I think innovation like you know iPhones
or you know MacBook pros, or the iPad or you
know the for the go way back, the iPod, that
was an amazing technological advance. It created, It allowed things
to be created, like Spotify or Apple Music or anything else.

(31:36):
So that now even though those of us who still
love vinyl, we can now essentially, although it's not quite
the same, we can take our vinyl with us everywhere.
I don't know how many songs I have on my phone,
but it's it's probably, you know what, ten thousand or something.
I couldn't carry that much vinyl around. So innovation and

(31:56):
innovation in technology I still believe creates value, but that
innovation has to lead to the creation of a product,
something of value, something that's tangible or it's a service,
the creation of a service, you know, plumbers, doctors, lawyers.

(32:19):
I know, don't insert your lawyer joke there, I know
that's fine, but create something of value. Well, one of
the easiest way is to do that is to make
something that somebody wants shoes, sneakers, clothes, baseball, bats, a football,
a basketball, a basket, you know, a basketball, hoop, a car, something.

(32:39):
But create a product that creates value so that when
someone is working, they're getting paid money to create that
product that's going to have value, intrinsic value in it.
And then they've got money to spend, and they'll go
spend that money on well, they'll save some and by
saving that means that money gets to be used elsewhere.

(33:00):
And by spending it on something, they keep the economy growing,
They keep you know, you still need consumerism in addition
to creating things. So manufacturing, I think is something that
we have completely ignored. Now during COVID, we discovered we
really didn't make anything. We didn't make almost any I

(33:20):
don't think we made any of the equipment we needed
to deal with the pandemic. And then we found out,
oh hush, we're dependent on these other nations. And so
they passed the you know, Trump passed as signed the
Cares Act, trying to spend money to support domestic manufacturing
of medical supplies. But you can't do it that way.

(33:41):
You've got to create the incentive through tax cuts or
deregulation for people to invest, because if government invests, well
that's government spending that doesn't really create anything of value.
Do you go try? In fact, I told my local
audience this this week. You don't have to go buy on.

(34:02):
But the next time you're in a CVS or a
Walgreens or anywhere Walmart anyway, I don't care where it is,
go over to the pharmacy area and go look for Rember.
We were all totally they're going to wear the mask.
You know, I've got to protect yourself from the virus.
You'll see where those masks are made, almost five years
after the pandemic. Yep, they're still made in China, or

(34:25):
they might be made in India, but they're not made
in the United States. Liberals and conservatives left, these righties,
we've always shared some I think a broad agreement that
manufacturing and all the knock on industries are an essential
source of employment, and they're anial essential source of employment

(34:47):
for non college educated working class people, and that the
loss of manufacturing contributes to that social fragmentation that I
alluded to in that SoundBite from the Treasury Secretary, when people,
when hardworking Americans are having to go to a food bank,
as he says, to top off their grocery cart. That

(35:10):
creates social fragmentation, and a society that begins to fragment
socially cannot sustain itself. We will always have poor people,
but we need a strong middle class. We'll always have
wealthy people, but we need a strong middle class. You
know why, because that creates the social cohesion. So now

(35:35):
we were faced with a loss of manufacturing that leads
to social fragmentation, family breakdown, drug addiction, to death crisis,
the drug crisis, everything that we have going on, the
crime crisis, everything. In a survey last year, Americans agreed
ten to one that we need a strong manufacturing sector.
Forty seven percent of Americans said that we suffer from globalization,

(35:59):
only thirty three percent. Instead, it really benefited us in
the long run. And yet both liberals and some conservatives
are reacting with this outrage about Trump putting in place
precisely the trade tariffs needed to reduce our dependency on
other nations and ultimately, over the long run, increase our
manufacturing of the goods that we need, that we need

(36:22):
for national security, economic security, and our societal well being.
Keep that in mind, so we can with Michael Brown.
Text the word Michael Michael to three three one zero three.
Go follow me on next right now at Michael Brown USA.
We'll be right back