April 8, 2025 • 17 mins
Chris unleashes a fiery rant, tearing into the romanticized tariff myths peddled by Trump and MAGA fans, shouting ‘Free Trade or Die!’ He dismantles comparisons of 19th-century America—think McKinley and the Gilded Age—to today, highlighting a world of no standing armies, no Social Security, and oligarchs thriving on protectionism while workers suffered Pinkerton beatdowns and mafia muscle. Markowski argues tariffs didn’t make us rich; they shielded fat cats like Carnegie and sparked unrest—contrast that with today’s better worker conditions and global trade’s proven prosperity, from China’s self-inflicted Canton flop to Fiat’s niche flops in the U.S. Want jobs back? Slash regulations and taxes, not build walls. www.watchdogonwallstreet.com
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.
Speaker 2 (00:16):
Free trade or die? Yeah, take off a little live,
free and die. How about free trade or die? Yeah?
I went off on a megarant yesterday. My intolerance for
bull excrement. I also have little patience when people you
throw out little historic tidbits here and there, and they
(00:41):
start talking about the wonders of certain areas and certain
time periods here in this country and talking how much
better it was at that point in time because we
had tariffs at that time.
Speaker 3 (00:54):
Yeah, we didn't.
Speaker 2 (00:55):
We didn't have We didn't use an income tax, we
use tariffs. Okay, again, this is part of the problem.
How do you compare how do you compare late nineteenth
century America to today? How do you make that comparison
(01:20):
our place in the world then Now, again, we weren't
really that much of a dominant player. We were, but
not the top. So UK was still basically running the
show at that point in time. Not to mention the
fact what was our military budget.
Speaker 3 (01:40):
Back then, nothing was nothing.
Speaker 2 (01:46):
Arguments that used to take place, whether we should even
have standing armies for crying out. Loud I mentioned this
before prior to World War Two. After World War One,
we kind of shut a lot of things down and
that part of.
Speaker 3 (02:00):
The World War two miracle. Prior to World War.
Speaker 2 (02:02):
Two, we are our military was smaller than Romania's. That's
just the reality. You can't compare them. You can't compare
the size of government. You think about the millions and
millions of people that now work, not just for the
(02:23):
federal government, local governments around the country. We decided on this,
go back to that point in time, there wasn't any
Social Security, there wasn't any Medicare, There wasn't any of
this stuff. There wasn't Section eight housing. How do you
how do you compare the financing of a country.
Speaker 3 (02:42):
Then to now?
Speaker 2 (02:46):
I mean it's almost like comparing you know, the you know,
the cost of a home, a mansion back in uh,
you know, the late the late nineteenth century to today.
Come on a different world and they use this stuff
all the time, and it's nonsensical. Tariffs, tariffs they talk about,
(03:11):
you know, Trump's talked about the.
Speaker 3 (03:13):
Wonders of McKinley.
Speaker 2 (03:15):
Well, okay, why don't we look at that period of time,
and yeah, McKinley most certainly was tariff man, there's no
doubt about it.
Speaker 3 (03:25):
But he changed, Yeah, he.
Speaker 2 (03:29):
Changed his mind because he said, holy cow, we got
too much stuff here in this country, and we kind
of have enough people that can buy it. We're gonna
have to start trading with others. He then got killed
shortly after that, he got shot. And you're going to
even take a look at Grover Cleveland was president at
that point in time, and he hated terriffs because it
(03:52):
was it was all about corruption. Things really, you know,
in that sense, don't really change much.
Speaker 3 (04:00):
You had.
Speaker 2 (04:00):
It was, you know, the Gilded Age, the yielded age.
And I'm I happen to be a pretty big fan
of that show. It's pretty aren't good. You take a
look at the power players who ran the country, the
oligarchs from that point in time. You talk about true oligarchs.
They were locked in, they wanted to be protected, they
(04:23):
loved it. I moved told the story here on the
program Andrew Carnegie and as you know, talked about socialism.
It's like socialism be great for me, be great for me. Basically,
put all my competitors out of business. I'd be the
only game in town. These tariffs were used to protect
them and keep them. You think that, you know, and
Trump's alluded to this too, and he's wrong talking about Ah, yeah,
(04:45):
we were richest nation, We were doing great yielded age.
Speaker 3 (04:49):
Are you out of your mind?
Speaker 2 (04:51):
We seriously, we could have become a socialist, a communist
country to be based upon the fact that that we
were the way we were treating workers back at that
point and through that point in time. Come on, people,
you know you went you went to high school, you
read Upton Sinclair. You must know about the riots that
(05:14):
took place where we had armed forces shooting at striking
workers and you know the Pinkerton's beating people up.
Speaker 3 (05:23):
How do you how do you think the I think
the mafia got involved.
Speaker 2 (05:30):
Mafia first got involved in labor unions. Mafia first got
involved in labor unions because the labor unions needed some
muscle to go up against the Pinkertons that were coming
after that. Again, people, you want to go back to that.
I don't want to go back to that. I want
(05:52):
sensible protections for workers and all of these things that
where we're at today, it's a different world. We are
a better place, our workers are a much better place
today than they were then. We don't need tariffs, We
(06:14):
don't do we need to make deals? Do we need
to make deals when it comes to countries putting protections
and barriers up, not allowing our products and protecting this
absolutely that freeze up trade. This idea though, this idea
(06:39):
that again is floated by many, many Republicans out there. Again,
I apologize, I can't remember her name. She is a
representative Republican in the Buffalo area in upstate New York.
Speaker 3 (06:54):
It's Erie County, and you know she, oh, hollowed out
factories up here.
Speaker 2 (07:02):
It was a different world. New York was a different place.
A lot of hollowed out factories in Upstate New York
for a myriad of different reasons. Not because of China.
Not because of China. Yes, yes, well I can see
(07:24):
I can see that. Yes, with certain businesses, did they
offshore based upon the ability to cut costs? Absolutely, But
that also has to do with the fact that guess what,
it's not just labor costs, it's a cost of doing
business in this country, which can get very, very high.
You're going to blame China on the fact that the
(07:48):
typewriter plant, the Smith Corona plant outside of Rochester is
no longer up and running, or Kodak because they made
the stupid mistake and not going fully digital is a
shell of its former self. Xerox is up there too.
In Rochester. Xerox had some of the best technology leading
(08:10):
up into the era of personal computers. They decided not
to do anything with it. They sold it to Steve Jobs. Anyway,
anyway you get rid of government regulations to make your
area of the state much more attractive to doing business.
(08:30):
It's going to take time, but people will come. The
only businesses that set up shop big businesses that will
shut up shop in the state of New York. Again
we talked about the chips at the Micron plant. Is
if they get a deal, they get government money, they
don't have to pay state taxes. They get some sorts
(08:51):
of property tax abatements, which I don't believe it. I
think is completely unfair. I believe that we should be
equal under the law. Nobody should get handouts and giveaways,
nobody should get special deals. I want to talk a
little bit I mentioned it briefly and talk about how
countries can basically shoot themselves by putting up trade protections.
(09:19):
China did that China is system. For a while again,
I talked about the fact that they weren't a imperialistic country,
the kind of absorbed areas in and around almost their emperor,
you know, was a god, and you had to pay
(09:40):
tribute to that that emperor. They had to recognize any
any country, the any foreign nty he wanted to do
business with, China had to uh recognize the Emperor's authority.
He was superior, and they had to offer tribute. And
(10:06):
this worked.
Speaker 3 (10:06):
For a period of time, but then it didn't.
Speaker 2 (10:12):
The canton system in China was established in the eighteenth century,
and that further restricted foreign trade because it limited to
this support of canton and only they had a monopoly.
Only certain group of merchants were allowed. They wanted to
control trade. They said they wanted to protect Chinese interests.
(10:35):
In essence, what it did it fostered resentment and unfairness
with foreign countries. What did it do the isolation as
powers of this the Quing dynasty and this canton system
did what to China led to economic stagnation, a lack
of technological advancement, China's focus on being just completely self sufficient,
(10:59):
resistance to any sort of foreign ideas and innovations. What
the West passed it by. The West passed it by.
And that's when you got into the opium wars. The
Brats they wanted to offset, offset what they felt the
(11:22):
trade and balanced with China, started smuggling opium and to
the country. Again, China suffered a defeat, and then they
opened up more ports to foreign trade. That's when they
Hong Kong became part of the UK, and again they
(11:43):
weakened their dynasty and caused all sorts of problems and
they collapsed in nineteen eleven. It's trade protection, that's what
it does. We don't want that. We don't want that,
and to me, it sounds good. You get the rah
Ras out there on social media. We're not gonna We're
(12:08):
not gonna bring everything back here to the United States.
It's just not going to work that way, Nor do
we want it to work that way. We want other
countries to prosper, we want them to do well. Doesn't
it make sense?
Speaker 3 (12:27):
Does it make sense?
Speaker 2 (12:28):
If again, if you own a business, don't do don't
you want to have a business where your customers are
doing well and.
Speaker 3 (12:34):
They're going to be able to spend more money. That's
that's what you want.
Speaker 2 (12:42):
You don't want to shut your country off to the
rest of the globe.
Speaker 3 (12:47):
Now again, everybody out there is going to come back.
What about this. You can't sell cars in Japan?
Speaker 2 (12:54):
I know, okay, yes, Japan doesn't allow us to sell
our cars here.
Speaker 3 (12:58):
But let's okay, let's be honest. I think that we.
Speaker 2 (13:01):
Should be allowed to sell cars in Japan. How many
are going to be sold there?
Speaker 3 (13:08):
I don't know. I don't know. Do I think we
should force them to buy our cars? No?
Speaker 2 (13:15):
No, I think we should compete. Every business is different,
you know. Take a look at Niche markets. You know
what I'll use. I'll use Italian cars as an example.
For a while, Fiat was in the United States, then
(13:37):
it left the United States.
Speaker 3 (13:40):
Then it came back into the United States.
Speaker 2 (13:42):
They started remember that that advertisement, that really risque advertisement.
Speaker 3 (13:46):
How could you forget it? And if you're not familiar
with it, you go go look it up on YouTube.
Speaker 2 (13:49):
When they brought the abyrinthe back, Fiat back here to
the country again, it's they don't sell a tremendous amount
of them here. Quality issues was an issue prior quality
issues again. Inexpensive car, Japanese cars more reliable, more reliable.
(14:13):
So yeah, they've got their little market. They'll Sunday night sees,
but they can't compete with Japanese cars. Alfa Romeo wasn't
here for a period of time. Up brought it back again.
You know, little niche market there. Cute design, you know,
nice looking car, okay, Italian car not beautiful car again,
(14:35):
reliability issues and okay, what else do you have? Okay,
you got the high end Italian cars and again they
control production of those things. You're on waiting lists for
many of them. You're on waiting lists for many of
(14:55):
these cars. Again, that's a niche market we here in
the United States. Again, we've got to understand who we
try to compete with. We want to sell more cars
in Japan.
Speaker 3 (15:12):
I don't know.
Speaker 2 (15:13):
Maybe we should start making I mean, makes some very
high end stuff that's made in America. That could be
a niche market over there that they're going to be
interested in buying. And we got to take into consideration
what type of cars do they buy. There's there's a
lot of things that need to take place, that need
to happen in order us to be selling certain products
(15:34):
in certain places. Again, you cannot discount as well the
fact you know that the various different service is that
we provide, whether it be in tech, whether it be
in banking, whatever it may be. That's something else as well.
There's this other argument that's brought up all the time
(15:55):
by people when discussing, well, we you know, we got
to be able to make more of this, and we
need to. It's a national security concern, and I'm like,
I get that, But again, do I think that we'd
like to make more ships here in this country? Sure,
but guess what, we need more ship builders. We need
(16:16):
the workers that are going to go ahead and do this.
You know, they need to line up contracts and make
sure that, okay, they're gonna do this, and we can
bring people, apprentice them, teach them to do this.
Speaker 3 (16:30):
We're not there. We're not there.
Speaker 2 (16:35):
You're not going to snap your fingers and see all
sorts of companies come back here to the factories, come
back here to the United States. Well, certain factories maybe
increase some production. Sure, that's that's all well and good.
The best way, the best way, and what we need
to be doing. Okay, what we need to be doing,
(16:55):
what's going to bring business here to the United States.
And the same reason why every company wants to be
listed on the New York Stock Exchange or the NASDAC. Okay,
you want to make the United States as business friendly
as possible. And again, we've got a lot, a lot
(17:16):
going on here in the United States and compared with
other countries around the globe. You know, worker protections in
Europe and you can't fire people. Cheaper energy costs here
in the United States. Businesses are practical, they're practical. They
will take a look and they'll say, cheaper for us
to build our.
Speaker 3 (17:36):
Product in the United States.
Speaker 2 (17:39):
Well, you know what, we're going to do that. That's
what the focus needs to be. And that again, that
has to do with some of the things that Donald
Trump has talked about, reducing taxes, reducing regulations, bringing energy
costs down. Watchdog on Wall Street dot Com
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.
Speaker 2 (00:16):
Free trade or die? Yeah, take off a little live,
free and die. How about free trade or die? Yeah?
I went off on a megarant yesterday. My intolerance for
bull excrement. I also have little patience when people you
throw out little historic tidbits here and there, and they
(00:41):
start talking about the wonders of certain areas and certain
time periods here in this country and talking how much
better it was at that point in time because we
had tariffs at that time.
Speaker 3 (00:54):
Yeah, we didn't.
Speaker 2 (00:55):
We didn't have We didn't use an income tax, we
use tariffs. Okay, again, this is part of the problem.
How do you compare how do you compare late nineteenth
century America to today? How do you make that comparison
(01:20):
our place in the world then Now, again, we weren't
really that much of a dominant player. We were, but
not the top. So UK was still basically running the
show at that point in time. Not to mention the
fact what was our military budget.
Speaker 3 (01:40):
Back then, nothing was nothing.
Speaker 2 (01:46):
Arguments that used to take place, whether we should even
have standing armies for crying out. Loud I mentioned this
before prior to World War Two. After World War One,
we kind of shut a lot of things down and
that part of.
Speaker 3 (02:00):
The World War two miracle. Prior to World War.
Speaker 2 (02:02):
Two, we are our military was smaller than Romania's. That's
just the reality. You can't compare them. You can't compare
the size of government. You think about the millions and
millions of people that now work, not just for the
(02:23):
federal government, local governments around the country. We decided on this,
go back to that point in time, there wasn't any
Social Security, there wasn't any Medicare, There wasn't any of
this stuff. There wasn't Section eight housing. How do you
how do you compare the financing of a country.
Speaker 3 (02:42):
Then to now?
Speaker 2 (02:46):
I mean it's almost like comparing you know, the you know,
the cost of a home, a mansion back in uh,
you know, the late the late nineteenth century to today.
Come on a different world and they use this stuff
all the time, and it's nonsensical. Tariffs, tariffs they talk about,
(03:11):
you know, Trump's talked about the.
Speaker 3 (03:13):
Wonders of McKinley.
Speaker 2 (03:15):
Well, okay, why don't we look at that period of time,
and yeah, McKinley most certainly was tariff man, there's no
doubt about it.
Speaker 3 (03:25):
But he changed, Yeah, he.
Speaker 2 (03:29):
Changed his mind because he said, holy cow, we got
too much stuff here in this country, and we kind
of have enough people that can buy it. We're gonna
have to start trading with others. He then got killed
shortly after that, he got shot. And you're going to
even take a look at Grover Cleveland was president at
that point in time, and he hated terriffs because it
(03:52):
was it was all about corruption. Things really, you know,
in that sense, don't really change much.
Speaker 3 (04:00):
You had.
Speaker 2 (04:00):
It was, you know, the Gilded Age, the yielded age.
And I'm I happen to be a pretty big fan
of that show. It's pretty aren't good. You take a
look at the power players who ran the country, the
oligarchs from that point in time. You talk about true oligarchs.
They were locked in, they wanted to be protected, they
(04:23):
loved it. I moved told the story here on the
program Andrew Carnegie and as you know, talked about socialism.
It's like socialism be great for me, be great for me. Basically,
put all my competitors out of business. I'd be the
only game in town. These tariffs were used to protect
them and keep them. You think that, you know, and
Trump's alluded to this too, and he's wrong talking about Ah, yeah,
(04:45):
we were richest nation, We were doing great yielded age.
Speaker 3 (04:49):
Are you out of your mind?
Speaker 2 (04:51):
We seriously, we could have become a socialist, a communist
country to be based upon the fact that that we
were the way we were treating workers back at that
point and through that point in time. Come on, people,
you know you went you went to high school, you
read Upton Sinclair. You must know about the riots that
(05:14):
took place where we had armed forces shooting at striking
workers and you know the Pinkerton's beating people up.
Speaker 3 (05:23):
How do you how do you think the I think
the mafia got involved.
Speaker 2 (05:30):
Mafia first got involved in labor unions. Mafia first got
involved in labor unions because the labor unions needed some
muscle to go up against the Pinkertons that were coming
after that. Again, people, you want to go back to that.
I don't want to go back to that. I want
(05:52):
sensible protections for workers and all of these things that
where we're at today, it's a different world. We are
a better place, our workers are a much better place
today than they were then. We don't need tariffs, We
(06:14):
don't do we need to make deals? Do we need
to make deals when it comes to countries putting protections
and barriers up, not allowing our products and protecting this
absolutely that freeze up trade. This idea though, this idea
(06:39):
that again is floated by many, many Republicans out there. Again,
I apologize, I can't remember her name. She is a
representative Republican in the Buffalo area in upstate New York.
Speaker 3 (06:54):
It's Erie County, and you know she, oh, hollowed out
factories up here.
Speaker 2 (07:02):
It was a different world. New York was a different place.
A lot of hollowed out factories in Upstate New York
for a myriad of different reasons. Not because of China.
Not because of China. Yes, yes, well I can see
(07:24):
I can see that. Yes, with certain businesses, did they
offshore based upon the ability to cut costs? Absolutely, But
that also has to do with the fact that guess what,
it's not just labor costs, it's a cost of doing
business in this country, which can get very, very high.
You're going to blame China on the fact that the
(07:48):
typewriter plant, the Smith Corona plant outside of Rochester is
no longer up and running, or Kodak because they made
the stupid mistake and not going fully digital is a
shell of its former self. Xerox is up there too.
In Rochester. Xerox had some of the best technology leading
(08:10):
up into the era of personal computers. They decided not
to do anything with it. They sold it to Steve Jobs. Anyway,
anyway you get rid of government regulations to make your
area of the state much more attractive to doing business.
(08:30):
It's going to take time, but people will come. The
only businesses that set up shop big businesses that will
shut up shop in the state of New York. Again
we talked about the chips at the Micron plant. Is
if they get a deal, they get government money, they
don't have to pay state taxes. They get some sorts
(08:51):
of property tax abatements, which I don't believe it. I
think is completely unfair. I believe that we should be
equal under the law. Nobody should get handouts and giveaways,
nobody should get special deals. I want to talk a
little bit I mentioned it briefly and talk about how
countries can basically shoot themselves by putting up trade protections.
(09:19):
China did that China is system. For a while again,
I talked about the fact that they weren't a imperialistic country,
the kind of absorbed areas in and around almost their emperor,
you know, was a god, and you had to pay
(09:40):
tribute to that that emperor. They had to recognize any
any country, the any foreign nty he wanted to do
business with, China had to uh recognize the Emperor's authority.
He was superior, and they had to offer tribute. And
(10:06):
this worked.
Speaker 3 (10:06):
For a period of time, but then it didn't.
Speaker 2 (10:12):
The canton system in China was established in the eighteenth century,
and that further restricted foreign trade because it limited to
this support of canton and only they had a monopoly.
Only certain group of merchants were allowed. They wanted to
control trade. They said they wanted to protect Chinese interests.
(10:35):
In essence, what it did it fostered resentment and unfairness
with foreign countries. What did it do the isolation as
powers of this the Quing dynasty and this canton system
did what to China led to economic stagnation, a lack
of technological advancement, China's focus on being just completely self sufficient,
(10:59):
resistance to any sort of foreign ideas and innovations. What
the West passed it by. The West passed it by.
And that's when you got into the opium wars. The
Brats they wanted to offset, offset what they felt the
(11:22):
trade and balanced with China, started smuggling opium and to
the country. Again, China suffered a defeat, and then they
opened up more ports to foreign trade. That's when they
Hong Kong became part of the UK, and again they
(11:43):
weakened their dynasty and caused all sorts of problems and
they collapsed in nineteen eleven. It's trade protection, that's what
it does. We don't want that. We don't want that,
and to me, it sounds good. You get the rah
Ras out there on social media. We're not gonna We're
(12:08):
not gonna bring everything back here to the United States.
It's just not going to work that way, Nor do
we want it to work that way. We want other
countries to prosper, we want them to do well. Doesn't
it make sense?
Speaker 3 (12:27):
Does it make sense?
Speaker 2 (12:28):
If again, if you own a business, don't do don't
you want to have a business where your customers are
doing well and.
Speaker 3 (12:34):
They're going to be able to spend more money. That's
that's what you want.
Speaker 2 (12:42):
You don't want to shut your country off to the
rest of the globe.
Speaker 3 (12:47):
Now again, everybody out there is going to come back.
What about this. You can't sell cars in Japan?
Speaker 2 (12:54):
I know, okay, yes, Japan doesn't allow us to sell
our cars here.
Speaker 3 (12:58):
But let's okay, let's be honest. I think that we.
Speaker 2 (13:01):
Should be allowed to sell cars in Japan. How many
are going to be sold there?
Speaker 3 (13:08):
I don't know. I don't know. Do I think we
should force them to buy our cars? No?
Speaker 2 (13:15):
No, I think we should compete. Every business is different,
you know. Take a look at Niche markets. You know
what I'll use. I'll use Italian cars as an example.
For a while, Fiat was in the United States, then
(13:37):
it left the United States.
Speaker 3 (13:40):
Then it came back into the United States.
Speaker 2 (13:42):
They started remember that that advertisement, that really risque advertisement.
Speaker 3 (13:46):
How could you forget it? And if you're not familiar
with it, you go go look it up on YouTube.
Speaker 2 (13:49):
When they brought the abyrinthe back, Fiat back here to
the country again, it's they don't sell a tremendous amount
of them here. Quality issues was an issue prior quality
issues again. Inexpensive car, Japanese cars more reliable, more reliable.
(14:13):
So yeah, they've got their little market. They'll Sunday night sees,
but they can't compete with Japanese cars. Alfa Romeo wasn't
here for a period of time. Up brought it back again.
You know, little niche market there. Cute design, you know,
nice looking car, okay, Italian car not beautiful car again,
(14:35):
reliability issues and okay, what else do you have? Okay,
you got the high end Italian cars and again they
control production of those things. You're on waiting lists for
many of them. You're on waiting lists for many of
(14:55):
these cars. Again, that's a niche market we here in
the United States. Again, we've got to understand who we
try to compete with. We want to sell more cars
in Japan.
Speaker 3 (15:12):
I don't know.
Speaker 2 (15:13):
Maybe we should start making I mean, makes some very
high end stuff that's made in America. That could be
a niche market over there that they're going to be
interested in buying. And we got to take into consideration
what type of cars do they buy. There's there's a
lot of things that need to take place, that need
to happen in order us to be selling certain products
(15:34):
in certain places. Again, you cannot discount as well the
fact you know that the various different service is that
we provide, whether it be in tech, whether it be
in banking, whatever it may be. That's something else as well.
There's this other argument that's brought up all the time
(15:55):
by people when discussing, well, we you know, we got
to be able to make more of this, and we
need to. It's a national security concern, and I'm like,
I get that, But again, do I think that we'd
like to make more ships here in this country? Sure,
but guess what, we need more ship builders. We need
(16:16):
the workers that are going to go ahead and do this.
You know, they need to line up contracts and make
sure that, okay, they're gonna do this, and we can
bring people, apprentice them, teach them to do this.
Speaker 3 (16:30):
We're not there. We're not there.
Speaker 2 (16:35):
You're not going to snap your fingers and see all
sorts of companies come back here to the factories, come
back here to the United States. Well, certain factories maybe
increase some production. Sure, that's that's all well and good.
The best way, the best way, and what we need
to be doing. Okay, what we need to be doing,
(16:55):
what's going to bring business here to the United States.
And the same reason why every company wants to be
listed on the New York Stock Exchange or the NASDAC. Okay,
you want to make the United States as business friendly
as possible. And again, we've got a lot, a lot
(17:16):
going on here in the United States and compared with
other countries around the globe. You know, worker protections in
Europe and you can't fire people. Cheaper energy costs here
in the United States. Businesses are practical, they're practical. They
will take a look and they'll say, cheaper for us
to build our.
Speaker 3 (17:36):
Product in the United States.
Speaker 2 (17:39):
Well, you know what, we're going to do that. That's
what the focus needs to be. And that again, that
has to do with some of the things that Donald
Trump has talked about, reducing taxes, reducing regulations, bringing energy
costs down. Watchdog on Wall Street dot Com
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