May 5, 2026 • 16 mins
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Speaker 1 (00:01):
Just Shibato six here fifty five kr CD talk station.
It being Tuesday, it is that time of week I
always look forward to. It's time for the inside scoop.
But breit Bart News starting with a recommendation my listening
audience bookmark bright BARTR E I T B A RT
dot com. You're glad you did a lot of great work.
They do each and every day, and one of the
guys does some fantastic work. Welcome back to the fifty
(00:21):
five KRC Morning Show. Economics editor at bright Bart John Carney,
good to have you back on today, my friend.
Speaker 2 (00:27):
Yeah, thanks for having me. So.
Speaker 1 (00:29):
Factory orders have increased because of the artificial intelligence surge.
I thought a I was going to put everybody out
of a job, John, I know that's boiled down, but.
Speaker 2 (00:39):
Yeah, no, I mean that is the complaint about AI
is that it's, you know, it's going to be so
good at what it does that it's going to cause
mass unemployment.
Speaker 3 (00:49):
I'm a skeptic of that, but in the meantime, at
least in the near term, it's definitely causing a lot
of factory work in the US to be done.
Speaker 2 (01:02):
And we're seeing this. It shows up in the GDP numbers.
It showed up in factory order numbers, and I think
it's important that people understand the factory order numbers are
not just They're not measured from the consumer side or
even from the businesses making the order side. It's these
are orders being measured from at US factories. So these
(01:23):
aren't you know, orders going into order things from China
or Mexico or even Germany. These are orders that are
expanding at a very rapid rate in the US, so.
Speaker 1 (01:36):
We're we're able to domestically meet demands. One of the
hard lessons that we learned out of COVID nineteen is
that we don't make anything anymore. I know that's a
broad brush statement, so don't hold me to that, John,
because we still make things. But the vast amount of
things we bought from China. The revelation that are of
our pharmaceuticals were coming from China, that all these you know,
electronic goods and things were all coming from China. So
(01:58):
have we righted the ship over the past five five years.
Speaker 2 (02:00):
John, not yet. I wish we had corrected course completely.
Of course, we actually are seeing a lot of imports
as well. Uh. Frankly, because we we went way overboard
with the industrialization in the US, so we can meet
some of it. One of the good things that has
(02:20):
been happening, though, is that we're seeing a lot of
expansion of capacity in the US. We are we are
building more factories where and a lot of the equipment
we're seeing purchaser are actually well. We went through a
period of time and this is sert of mind blowing
to people, where a lot of the orders from for
(02:40):
US manufacturers were actually going to support manufacturing abroad. So
companies would buy things to you know, machinery used to
make consumer products, and then they would ship those to China.
So we made the things that we're shipping our jobs abroad. Well,
we're not doing that as much anymore. We're actually now
(03:01):
making more of the things so that we can use
them here in the US for making things. It's going
to take some time to completely reverse that. It's not
going to come used.
Speaker 1 (03:11):
No, of course, building factories is a multi year process anymore.
You got all the regulatory challenges, you got environmental regulations
and challenges, and insofar as AI itself is concerned, you
got a real problem. And there's this growing backlash against
artificial intelligence facilities showing up. I guess I always stand
from the proposition that, look, this is a global competition,
this AI. Whatever AI is supposed to do for us,
(03:35):
everyone's going headlong toward it. China, We're in competition with
them over the dominance of AI, so we apparently need it.
So there's this growing backlash. So I think primarily built
on this left wing energy policy we face. You know,
windmills cannot supply enough energy to build to run a city,
let alone a brand new artificial intelligence facility that shows
in your neighborhood forcing the energy builds up. You've got
(03:55):
to share with the great consumer of electricity AI. He
wants to do that. Do you see an AI bubble bursting?
Maybe as a consequence of that or because people just
just they're not going to abide John.
Speaker 2 (04:08):
So I do always worry. You know, there's a lot
of enthusiasm and a lot of spedding in AI. And
when I see numbers like you know, the electronic products
category in the rising twenty one percent year over year,
that that is a reason for pause, because that's a
lot of sudden surge of investment. But I will say
(04:29):
that we can solve a lot of these problems. Yes,
there is left wing opposition to building AI facilities, building
data servers, but look, the left is going to oppose
all reindustrialization. They don't like factories. One of the reasons
we've lost a lot of factories was not just that
Chinese mercantilism was sponsoring jobs to move abroad, but also
(04:53):
because US policy was actually opposed to upgrading any facilities.
We could do this. There's actually areas in America where
there are where there's spare electric capacity that will blow
people's minds. And you say, how could that be. Well,
areas that used to have electric heavy factories that close
(05:14):
down often still have the generator capacity to power large
manufacturing plants, which means they have extra capacity. So here,
So one solution is you build AI.
Speaker 1 (05:30):
Near where we use near the power. Exactly interesting concept, John, Wow.
Speaker 2 (05:35):
Yeah. And also you can put it, by the way,
a friend of mine is working on a project to
put a lot of these things underground because that you
automatically get some cooling during the summer months. If you're underground,
park on top of it, it doesn't have to look ugly.
Speaker 1 (05:52):
Yeah, I like that. So, but you just mentioned left
wing opposition to AI. So left wing opposition to AI
largely based on the price of electricity and the competition
for energy consumption with the AI facilities. So they're left
wing policies. We don't give us sufficient electricity because they
don't want us to exhale got to get rid of
it in favor of a windmill serves to benefit their
(06:14):
opposition to AI as well. It's nice hand in hand
relationship there. What does the left have against AI? Is
it the apeah?
Speaker 2 (06:21):
Look, they they're only lying to you when they say
that they are upset about the price of electricity. What
they don't like about the AI plans is that they
use electricity at all. If it had no impact, they
would still on the consumer price. That would still generate
their opposition because what they really oppose is the use
(06:42):
of energy, frankly, but especially of fossil fuels. And a
lot of our electricity is going to be for the
rest of time supplied by fossil fuels, at least as
long as we are on this earth. You know, maybe
when we have a Mars holiday or someday you know
that won't be oil based, sure, but everything here on
(07:05):
Earth will be oil. Natural gas will be made of carbon,
and they hate that they are going. And frankly, that's
why even I don't even know that they hate AI.
They hate industry. They do not They want us all
to kind of have email server jobs. They do not like.
Speaker 1 (07:23):
Consumption is what they hate. Success, American success is what
they hate. They want to undermine the model that has
worked so well for so many people, that has served
the entire globe because we make so much blanking money
that we pay for pretty much every other country in
the world. What would happen if they got their way,
John Carney from an economic standpoint, my economics editor Barke Bart, friend,
if they just was successful in pulling the plug on
(07:46):
this American experiment that has so far been able to
bring about such great things for everyone else who hasn't
gone down our economic experiment road collapse right.
Speaker 2 (07:55):
Well, we would have to get used to speaking Chinese
because we will become a colony of China and not
a free and independent nation anymore. We cannot oppose innovation
in the US, And frankly, I don't think it's going
to happen. I think they will succeed in some places.
Vermont may make sure that there is you know, you
(08:17):
can actually look at fracking. If your state passed a
fracking ban, you're in danger of your state making sure
that there is no AI facilities in your state. So
what will happen was is a lot of these facilities
and the construction jobs that go with building them will
migrate to states that are friendlier to them. And by
the way, that's how federalism works. I'm fine with that,
(08:41):
and they will stay out of the states that are
going to give them two hard of a time. You know. Again,
that'll be the experiment people can If they decide that
they don't want it where they live, that's okay. Somebody
else will take it.
Speaker 1 (08:53):
Yeah, well, that's kind of like from a global perspective AI.
If we don't do it, then China will do it
and they will get all the benefits of artificial intelligence.
We'll find fall behind the eight ball. You know, we're
talking energy, John Carneie, you mentioned the fossil fuel is
going to be powering the world into the foreseeable future.
If we weren't so resistant to small modular reactors and
could get those put together and in service very quickly efficiently,
(09:15):
AI could pay for and bring its own power source
that it could share with the neighborhood, couldn't it.
Speaker 2 (09:21):
Yes, And a lot absolutely small module nuclear reactors are
going to be used in the future. We are, and
we need to make sure that whatever barriers we have, look,
we want it to be safe. But these things can
be done very safely, and we should have a lot
more of them. Also, there's a use there's a lot
(09:43):
of discussion about the use of water, and I just
want to point out that the water that AI facilities
use is used to cool things. It's not contaminated in
the process, right, You're not washing off something dirty. And
the water, by the way, never goes away. It's still.
And so the water use issue is overwrought. And I mean, sure,
(10:06):
maybe don't put the you know, you have to cool
these things. You need a lot of water. Don't put
it in the desert. I understand that we have a
lot of places where there's a lot where I live,
if you dig a hole in the ground, I have
a well at my house. If you dig a hole
in the ground, you get water. So there's a lot
of places where water is abundantly available.
Speaker 1 (10:26):
Right, an excellent point. Though the water doesn't go away,
AI isn't eating it. It goes back into the circulation
in the system. You know, I couldn't. I had to interject.
You don't build an AI facility in the desert where
there's no water, and you shouldn't build a nuclear power
facility in an area that might be subjected to a
tsunami Fukushima, right.
Speaker 2 (10:46):
Absolutely, Yeah, you keep it. You keep your nuclear power
off a fault line, You keep it away, you know,
away from any place that might be hit by a tsunami.
But you do. And you keep your AI processing plant
out of any place it gets to one hundred and
twenty degrees in the summertime and doesn't have a you know,
out of quick water. These are very common sense. By
(11:06):
the way, the people building these things know this. They
don't want to you know, nobody wants to build these
things in the desert. They want to build these things,
and they also don't want these things to be is sores,
you know right now. Yes, some of the if you
drive out and you look for one of these things,
you can find it. But they they're not putting these
things in the middle of your beautiful city park. They're
(11:28):
usually act way out of the way, in the back
of a farm somewhere well, can you have to try
to see it?
Speaker 1 (11:36):
Or where they put the Amazon processing facilities another giant
kind of squig big football size field or larger square box.
All right, So pivoting over happen to be a fan
of German automobiles. And although I know the German auto
industry is struggling mightily because of the ridiculous energy policies
and the cost of energy there, I think the whole
entire German economy is going to collapse under the weight
(11:56):
of their stupidity. But tariffs, which I may maybe coming
our way in terms of additional tariffs on European cars,
is that what's going to happen, John.
Speaker 2 (12:06):
I think Europe is actually going to back down. They
haven't been compliant with what Donald Trump says they agreed
to in Scotland when he was first putting on tariffs.
So they're going to have to have meetings, they're going
to talk, and they are going to bring themselves into compliance.
It's the US economy, and particularly access to the US
(12:29):
market is much too important for the particularly those German
car makers, and those people are very influential in Europe,
and they are not going to allow themselves to be
pushed out of the US market by very high tariffs,
and so I think they will try very hard to
(12:52):
bring themselves in compliance. By the way, a lot of
them also build in the US, and we'll probably see
more of that if the tariffs right. They don't want
to be shut out, so they will build here.
Speaker 1 (13:03):
Well, that will be okay, because it seems to me
that building them here is a lot cheaper than building
them in Germany. I mean, they got rid of their
nuclear fleet, they got rid of their coal fire plants.
They are moving. They do not bother with hydraulic fracking,
even though it's widely reported they have enough potential natural
gas that they could frack to provide them with twenty
years at current annual gas consumption rate, so they could
(13:24):
be self sufficient. But this is forcing the price of
the energy through the roof, as you know, John, which
means the product you buy from a German manufacturer is
going to be a lot more expensive in the global
world and in terms of competition than a car from
someplace else. I mean, that just makes sense.
Speaker 2 (13:41):
Europe's policies are bizarre when it comes to this, because
the manufacturing will get done and so the energy consumption
will get done. All that their energy policies do is
force that out of Europe. I don't know what. And
when you're talking, you know, even if you're concerned, your
greatest concern in life is climate change. Forcing production out
(14:05):
of your local area to whether it's North America, South America,
Asia or Africa doesn't help you with the issue that
you think you right, It doesn't make any I love
that it's called it's called global climate change for a reason,
and they, you know, yet they're willing to force it
out of their area. Often I wonder if you're secretly
(14:30):
signed a suicide pact and they're just trying to live
up to the terms of their bargain.
Speaker 1 (14:34):
John, you couldn't have stated it better than that. I
regularly refer to these these the legislation in terms of
the energy alleged energy production, and it's an impact on
climate as self inflicted wounds. Clearly they are. And the
other component of this is, John, the idea that you yourself,
Germany or European Union whatever, are not going to do
this evil thing called carbon production. You're going to let
(14:55):
somebody else do it so you can virtue signal and
say ha ha, we're not producing carbon bore. Were getting
everything from China or Russia or someplace else that is
belching pollutants into the world. It's preposterous, John, I can't
believe they've gotten away with it this long, but here
we find ourselves.
Speaker 2 (15:09):
It's ridiculous one thing that is actually benefiting them. Look
in some ways, Putin, Iran and even China have really
played into our hands on this in that Putin has
made it clear that you don't want to be relying
on Russia for your energy resources. You can't be reliant
on Iran or frankly all the Middle East for you
(15:33):
or oil. This is making the one great world oil
producer that is reliable, safe, has a great ethical government
that's called the United States that's really going to benefit
us for the long long.
Speaker 1 (15:47):
Term, Right Bart Economic Senator John Carney. It's always a
pleasure having on the show. John, to look forward to
having you back again. I keep writing the stuff you
write each and every day and again to my listeners
Brightbart dot com. You got a book market and enjoy
what they do there. John, we'll talk against and best
to you and everybody at bright part Yeah, thanks for
having me. My pleasure eight twenty two fifty five Kercit
talk station and so my pleasure to buy my daughter
(16:08):
and Eric rhino shield
Just Shibato six here fifty five kr CD talk station.
It being Tuesday, it is that time of week I
always look forward to. It's time for the inside scoop.
But breit Bart News starting with a recommendation my listening
audience bookmark bright BARTR E I T B A RT
dot com. You're glad you did a lot of great work.
They do each and every day, and one of the
guys does some fantastic work. Welcome back to the fifty
(00:21):
five KRC Morning Show. Economics editor at bright Bart John Carney,
good to have you back on today, my friend.
Speaker 2 (00:27):
Yeah, thanks for having me. So.
Speaker 1 (00:29):
Factory orders have increased because of the artificial intelligence surge.
I thought a I was going to put everybody out
of a job, John, I know that's boiled down, but.
Speaker 2 (00:39):
Yeah, no, I mean that is the complaint about AI
is that it's, you know, it's going to be so
good at what it does that it's going to cause
mass unemployment.
Speaker 3 (00:49):
I'm a skeptic of that, but in the meantime, at
least in the near term, it's definitely causing a lot
of factory work in the US to be done.
Speaker 2 (01:02):
And we're seeing this. It shows up in the GDP numbers.
It showed up in factory order numbers, and I think
it's important that people understand the factory order numbers are
not just They're not measured from the consumer side or
even from the businesses making the order side. It's these
are orders being measured from at US factories. So these
(01:23):
aren't you know, orders going into order things from China
or Mexico or even Germany. These are orders that are
expanding at a very rapid rate in the US, so.
Speaker 1 (01:36):
We're we're able to domestically meet demands. One of the
hard lessons that we learned out of COVID nineteen is
that we don't make anything anymore. I know that's a
broad brush statement, so don't hold me to that, John,
because we still make things. But the vast amount of
things we bought from China. The revelation that are of
our pharmaceuticals were coming from China, that all these you know,
electronic goods and things were all coming from China. So
(01:58):
have we righted the ship over the past five five years.
Speaker 2 (02:00):
John, not yet. I wish we had corrected course completely.
Of course, we actually are seeing a lot of imports
as well. Uh. Frankly, because we we went way overboard
with the industrialization in the US, so we can meet
some of it. One of the good things that has
(02:20):
been happening, though, is that we're seeing a lot of
expansion of capacity in the US. We are we are
building more factories where and a lot of the equipment
we're seeing purchaser are actually well. We went through a
period of time and this is sert of mind blowing
to people, where a lot of the orders from for
(02:40):
US manufacturers were actually going to support manufacturing abroad. So
companies would buy things to you know, machinery used to
make consumer products, and then they would ship those to China.
So we made the things that we're shipping our jobs abroad. Well,
we're not doing that as much anymore. We're actually now
(03:01):
making more of the things so that we can use
them here in the US for making things. It's going
to take some time to completely reverse that. It's not
going to come used.
Speaker 1 (03:11):
No, of course, building factories is a multi year process anymore.
You got all the regulatory challenges, you got environmental regulations
and challenges, and insofar as AI itself is concerned, you
got a real problem. And there's this growing backlash against
artificial intelligence facilities showing up. I guess I always stand
from the proposition that, look, this is a global competition,
this AI. Whatever AI is supposed to do for us,
(03:35):
everyone's going headlong toward it. China, We're in competition with
them over the dominance of AI, so we apparently need it.
So there's this growing backlash. So I think primarily built
on this left wing energy policy we face. You know,
windmills cannot supply enough energy to build to run a city,
let alone a brand new artificial intelligence facility that shows
in your neighborhood forcing the energy builds up. You've got
(03:55):
to share with the great consumer of electricity AI. He
wants to do that. Do you see an AI bubble bursting?
Maybe as a consequence of that or because people just
just they're not going to abide John.
Speaker 2 (04:08):
So I do always worry. You know, there's a lot
of enthusiasm and a lot of spedding in AI. And
when I see numbers like you know, the electronic products
category in the rising twenty one percent year over year,
that that is a reason for pause, because that's a
lot of sudden surge of investment. But I will say
(04:29):
that we can solve a lot of these problems. Yes,
there is left wing opposition to building AI facilities, building
data servers, but look, the left is going to oppose
all reindustrialization. They don't like factories. One of the reasons
we've lost a lot of factories was not just that
Chinese mercantilism was sponsoring jobs to move abroad, but also
(04:53):
because US policy was actually opposed to upgrading any facilities.
We could do this. There's actually areas in America where
there are where there's spare electric capacity that will blow
people's minds. And you say, how could that be. Well,
areas that used to have electric heavy factories that close
(05:14):
down often still have the generator capacity to power large
manufacturing plants, which means they have extra capacity. So here,
So one solution is you build AI.
Speaker 1 (05:30):
Near where we use near the power. Exactly interesting concept, John, Wow.
Speaker 2 (05:35):
Yeah. And also you can put it, by the way,
a friend of mine is working on a project to
put a lot of these things underground because that you
automatically get some cooling during the summer months. If you're underground,
park on top of it, it doesn't have to look ugly.
Speaker 1 (05:52):
Yeah, I like that. So, but you just mentioned left
wing opposition to AI. So left wing opposition to AI
largely based on the price of electricity and the competition
for energy consumption with the AI facilities. So they're left
wing policies. We don't give us sufficient electricity because they
don't want us to exhale got to get rid of
it in favor of a windmill serves to benefit their
(06:14):
opposition to AI as well. It's nice hand in hand
relationship there. What does the left have against AI? Is
it the apeah?
Speaker 2 (06:21):
Look, they they're only lying to you when they say
that they are upset about the price of electricity. What
they don't like about the AI plans is that they
use electricity at all. If it had no impact, they
would still on the consumer price. That would still generate
their opposition because what they really oppose is the use
(06:42):
of energy, frankly, but especially of fossil fuels. And a
lot of our electricity is going to be for the
rest of time supplied by fossil fuels, at least as
long as we are on this earth. You know, maybe
when we have a Mars holiday or someday you know
that won't be oil based, sure, but everything here on
(07:05):
Earth will be oil. Natural gas will be made of carbon,
and they hate that they are going. And frankly, that's
why even I don't even know that they hate AI.
They hate industry. They do not They want us all
to kind of have email server jobs. They do not like.
Speaker 1 (07:23):
Consumption is what they hate. Success, American success is what
they hate. They want to undermine the model that has
worked so well for so many people, that has served
the entire globe because we make so much blanking money
that we pay for pretty much every other country in
the world. What would happen if they got their way,
John Carney from an economic standpoint, my economics editor Barke Bart, friend,
if they just was successful in pulling the plug on
(07:46):
this American experiment that has so far been able to
bring about such great things for everyone else who hasn't
gone down our economic experiment road collapse right.
Speaker 2 (07:55):
Well, we would have to get used to speaking Chinese
because we will become a colony of China and not
a free and independent nation anymore. We cannot oppose innovation
in the US, And frankly, I don't think it's going
to happen. I think they will succeed in some places.
Vermont may make sure that there is you know, you
(08:17):
can actually look at fracking. If your state passed a
fracking ban, you're in danger of your state making sure
that there is no AI facilities in your state. So
what will happen was is a lot of these facilities
and the construction jobs that go with building them will
migrate to states that are friendlier to them. And by
the way, that's how federalism works. I'm fine with that,
(08:41):
and they will stay out of the states that are
going to give them two hard of a time. You know. Again,
that'll be the experiment people can If they decide that
they don't want it where they live, that's okay. Somebody
else will take it.
Speaker 1 (08:53):
Yeah, well, that's kind of like from a global perspective AI.
If we don't do it, then China will do it
and they will get all the benefits of artificial intelligence.
We'll find fall behind the eight ball. You know, we're
talking energy, John Carneie, you mentioned the fossil fuel is
going to be powering the world into the foreseeable future.
If we weren't so resistant to small modular reactors and
could get those put together and in service very quickly efficiently,
(09:15):
AI could pay for and bring its own power source
that it could share with the neighborhood, couldn't it.
Speaker 2 (09:21):
Yes, And a lot absolutely small module nuclear reactors are
going to be used in the future. We are, and
we need to make sure that whatever barriers we have, look,
we want it to be safe. But these things can
be done very safely, and we should have a lot
more of them. Also, there's a use there's a lot
(09:43):
of discussion about the use of water, and I just
want to point out that the water that AI facilities
use is used to cool things. It's not contaminated in
the process, right, You're not washing off something dirty. And
the water, by the way, never goes away. It's still.
And so the water use issue is overwrought. And I mean, sure,
(10:06):
maybe don't put the you know, you have to cool
these things. You need a lot of water. Don't put
it in the desert. I understand that we have a
lot of places where there's a lot where I live,
if you dig a hole in the ground, I have
a well at my house. If you dig a hole
in the ground, you get water. So there's a lot
of places where water is abundantly available.
Speaker 1 (10:26):
Right, an excellent point. Though the water doesn't go away,
AI isn't eating it. It goes back into the circulation
in the system. You know, I couldn't. I had to interject.
You don't build an AI facility in the desert where
there's no water, and you shouldn't build a nuclear power
facility in an area that might be subjected to a
tsunami Fukushima, right.
Speaker 2 (10:46):
Absolutely, Yeah, you keep it. You keep your nuclear power
off a fault line, You keep it away, you know,
away from any place that might be hit by a tsunami.
But you do. And you keep your AI processing plant
out of any place it gets to one hundred and
twenty degrees in the summertime and doesn't have a you know,
out of quick water. These are very common sense. By
(11:06):
the way, the people building these things know this. They
don't want to you know, nobody wants to build these
things in the desert. They want to build these things,
and they also don't want these things to be is sores,
you know right now. Yes, some of the if you
drive out and you look for one of these things,
you can find it. But they they're not putting these
things in the middle of your beautiful city park. They're
(11:28):
usually act way out of the way, in the back
of a farm somewhere well, can you have to try
to see it?
Speaker 1 (11:36):
Or where they put the Amazon processing facilities another giant
kind of squig big football size field or larger square box.
All right, So pivoting over happen to be a fan
of German automobiles. And although I know the German auto
industry is struggling mightily because of the ridiculous energy policies
and the cost of energy there, I think the whole
entire German economy is going to collapse under the weight
(11:56):
of their stupidity. But tariffs, which I may maybe coming
our way in terms of additional tariffs on European cars,
is that what's going to happen, John.
Speaker 2 (12:06):
I think Europe is actually going to back down. They
haven't been compliant with what Donald Trump says they agreed
to in Scotland when he was first putting on tariffs.
So they're going to have to have meetings, they're going
to talk, and they are going to bring themselves into compliance.
It's the US economy, and particularly access to the US
(12:29):
market is much too important for the particularly those German
car makers, and those people are very influential in Europe,
and they are not going to allow themselves to be
pushed out of the US market by very high tariffs,
and so I think they will try very hard to
(12:52):
bring themselves in compliance. By the way, a lot of
them also build in the US, and we'll probably see
more of that if the tariffs right. They don't want
to be shut out, so they will build here.
Speaker 1 (13:03):
Well, that will be okay, because it seems to me
that building them here is a lot cheaper than building
them in Germany. I mean, they got rid of their
nuclear fleet, they got rid of their coal fire plants.
They are moving. They do not bother with hydraulic fracking,
even though it's widely reported they have enough potential natural
gas that they could frack to provide them with twenty
years at current annual gas consumption rate, so they could
(13:24):
be self sufficient. But this is forcing the price of
the energy through the roof, as you know, John, which
means the product you buy from a German manufacturer is
going to be a lot more expensive in the global
world and in terms of competition than a car from
someplace else. I mean, that just makes sense.
Speaker 2 (13:41):
Europe's policies are bizarre when it comes to this, because
the manufacturing will get done and so the energy consumption
will get done. All that their energy policies do is
force that out of Europe. I don't know what. And
when you're talking, you know, even if you're concerned, your
greatest concern in life is climate change. Forcing production out
(14:05):
of your local area to whether it's North America, South America,
Asia or Africa doesn't help you with the issue that
you think you right, It doesn't make any I love
that it's called it's called global climate change for a reason,
and they, you know, yet they're willing to force it
out of their area. Often I wonder if you're secretly
(14:30):
signed a suicide pact and they're just trying to live
up to the terms of their bargain.
Speaker 1 (14:34):
John, you couldn't have stated it better than that. I
regularly refer to these these the legislation in terms of
the energy alleged energy production, and it's an impact on
climate as self inflicted wounds. Clearly they are. And the
other component of this is, John, the idea that you yourself,
Germany or European Union whatever, are not going to do
this evil thing called carbon production. You're going to let
(14:55):
somebody else do it so you can virtue signal and
say ha ha, we're not producing carbon bore. Were getting
everything from China or Russia or someplace else that is
belching pollutants into the world. It's preposterous, John, I can't
believe they've gotten away with it this long, but here
we find ourselves.
Speaker 2 (15:09):
It's ridiculous one thing that is actually benefiting them. Look
in some ways, Putin, Iran and even China have really
played into our hands on this in that Putin has
made it clear that you don't want to be relying
on Russia for your energy resources. You can't be reliant
on Iran or frankly all the Middle East for you
(15:33):
or oil. This is making the one great world oil
producer that is reliable, safe, has a great ethical government
that's called the United States that's really going to benefit
us for the long long.
Speaker 1 (15:47):
Term, Right Bart Economic Senator John Carney. It's always a
pleasure having on the show. John, to look forward to
having you back again. I keep writing the stuff you
write each and every day and again to my listeners
Brightbart dot com. You got a book market and enjoy
what they do there. John, we'll talk against and best
to you and everybody at bright part Yeah, thanks for
having me. My pleasure eight twenty two fifty five Kercit
talk station and so my pleasure to buy my daughter
(16:08):
and Eric rhino shield
Brian Thomas News
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