Transcript
Charlie Kirk (0:00)
Hey everybody, it's and the Charlie Kirk show. We take the 30,000 foot view of how Bill Clinton started this trade debacle. And one of my favorite interviews we've done in a while with Alex Shea where he asked the questions at Brown University. He tries to doge his university. It is a amazing conversation with Alex Shea from Brown University. And if you send your kid to one of these ivies, I'll tell you what, it's really something else. Email US as always, freedomarliekirk.com that is freedomarliekirk.com Become a member today. Members.charliekirk.com that IS members.charliekirk. com youm can email me as always freedomarliekirk.com and get involved with the most important organization in the country, turning point USA@tpusa.com that is tpusa.com Buckle up everybody. Here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk.
Donald Trump (0:58)
Charlie Kirk's running the White House, folks.
Alex Shea (1:01)
I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's done an amazing job building one of the most powerful youth organizations ever created. Turning Point usa.
Charlie Kirk (1:12)
We will not embrace the ideas that have destroyed countries, destroyed lives and we are going to fight for freedom on campuses across the country. That's why we are here. Noble Gold Investments is the official gold sponsor of the Charlie Kirk Show, a company that specializes in gold IRAs and physical delivery of precious metals. Learn how you could protect your wealth with Noble gold investments@noblegold investments.com that is noblegoldinvestments.com it's where I buy all of my gold. Go to noblegoldinvestments.com News is moving so quickly. It is moving at such an accelerated pace right now that it is difficult to keep up. It is moving so quick we have to basically have five different chats open of different responses from foreign nations regarding tariff threats regarding reciprocity. So there is a lot going on here. But instead of going into all the details because that's gonna change by every five minutes, I think we need to take a step back and reset the foundational framework to reset a 30,000 foot view of exactly what's going on here. President Donald Trump has been railing against bad trade deals for the last 30 or 40 years. President Donald Trump as a businessman identified trade deficits and the way trade is supposed to be constituted is we do what we do best and you do what you do best, and we will barter. By doing so. You will make us wealthier and and we will trade and we will both be able to have a flourishing future. What ended up happening in the 1990s and early 2000s? In the 1990s, there were three critical mistakes made by Bill Clinton. The entrance of China into the World Trade Organization, the nafta, and also the repeal of the idea of investment bank and commercial banks. That's a whole separate issue for another time. But the conflation of investment in commercial banks allowed the cheap flow of money to go into the capital markets in a way that that specific deregulation, I think, actually led us to the 2008 financial crisis and the lords of easy money leading us closer and closer to fiscal and financial apocalypse now. Free trade did make the stock market go up. Nobody is doubting that. Unlimited unfettered free trade did make the 10% do very well. Un. I am part of the 10%. I can say this as somebody who is part of the evil 10% of the country. When you are on the upper part of the socioeconomic ladder, specifically if you do work that does not involve your hands, but only involves your brain, that does not involve your body, but only involves your brain. Free trade is traditionally a great idea because we became an information economy and a consumer economy and not an industrial one. We thought because we were entering into a technological revolution, because that we were entering into a brave new world of unfettered, unapologetic free trade, that we would no longer need to make stuff. In fact, that is what the Third World does. The idea was that the Third World will make our products for us and that we will be able to become wealthier. Francis Fukuyama famously wrote a book called the End of History. The assumption was permanent US dominance. It was a post Cold War mentality. It was that neoliberalism is the end of history. Fukuyama wrote in the End of History that this will be the end of war. That neoliberalism was the apex of civilization. Neoliberalism was of course, invade the world, invite the world. The idea of the Western liberal order will be able to be spread to all corners of the world and we will end the eschaton. The eschaton, of course, is a Christian view of when Christ rules Earth for a thousand year reign. Immunizing the eschaton is what the free traders thought they were going to get. In fact, I remember growing up, I was in sixth grade at MacArthur Middle School right there on Palatine Road. Right where I grew up. And I remember we would watch, they had these morning news bits. I forgot the name of it. Maybe Blake would know. It was like five to 10 minutes long. It was like mandatory must runs. I remember one of them. I'll think of it. I bet I could find it in a break. Anyway, it was the news clips. And in one of them they said, can you find a single thing when you're walking through a parking lot at Walmart and ask people what they bought that was Made in America? And the answer was no. And of course, all my sixth grade classmates like, that's wrong, that's wrong. And I remember the teacher would interject and I wouldn't even say the teacher was liberal, the teacher was neoliberal. And the teacher would interject and say, no, this is a good thing. This made us wealthier. We don't have to do that work. We are liberated. In fact, what we were told, what I was told growing up, is that free trade would then make it where the Russians will be wearing Levi jeans, eating McDonald's, taking selfies. Well, at the time, just listening to iPads, ipods. And it's not even that it's a bad thing for other things to be made in other countries. Of course not. We want a competition. We want markets. We do not want no trade. Instead, it is when nothing is made in America or next to nothing, when it's such a small percentage when making something in America, almost people look differently at you. Why would you do that? Now, we also must be fair. We have to be fair in our analysis, partially, but not mainly partially, as to why the corporate class decided to move these jobs overseas is that unions got very greedy in the 1970s and 1980s. This is a lesser appreciated component of this analysis is unions thought that they were too big for their bridges. They were like, what are you going to, like, leave? Literally. Some of the labor unions would look at the corporate class and say, we want a 40% increase in wages. We want more days off. And the corporate class decided to get back at the unions. America became less competitive. Now, again, a lot of the Trump coalition is union labor. However, as Blake astutely pointed out, find one part of the American economy that is mass unionized that isn't totally awful. It's really hard to find in the fact where mass unionization, especially public sector unionization, public sector teacher unions, public sector janitorial unions, public sector government unions. I think that there's a place, for example, a carpenter's union, they're very good at training they're very good at apprenticeship. However, there needs to be a balance between capital and labor. And what happened, of course, is the capital, the corporate class, having no allegiance to the United States of America. And the fact that unions overreached and unions got cocky, they looked at the corporate class in the eye and said, we're American labor. What are you going to really go and make that trinket in China? And the McKinsey type said, yep, that's exactly what we're going to do actually. And it was made easier by this decision. Understand what President Donald Trump is doing is fixing and remedying the mistakes of past. If you had to go look at what is the original sin as to why we are in the place that we are in. There are many places, there are many decisions, but the one where we actually have it on tape. Rarely do you have the original sin on tape. And it was televised on C Span. And that is when we decided to make what was then a third world and maybe a second world country to have entrance into the World Trade Organization. This was a glide path. We did not do this to try and make us have greater harmony with China. In fact, you could make an argument that our relations with China were probably better. Before China went into the World Trade Organization. The free trade zealots told us that trade will bring us peace. In fact, it turns out that mass trade with China brought us closer and closer to conflict. President Donald Trump is fixing this problem. From Bill Clinton play cut 121 the.
