Report: Aides “Alarmed” By Erratic President Donald Trump Behavior | The Last Word | MSNBC


THIS WEEK, THAT WAS BUYING GREENLAND, TODAY WAS A STRONG GREENLAND, TODAY WAS A STRONG REMINDER THERE IS ALSO MORE REMINDER THERE IS ALSO MORE CHAOS AROUND THE CORNER WITH CHAOS AROUND THE CORNER WITH THIS PRESIDENT. THIS PRESIDENT. LEADING OFF OUR DISCUSSION LEADING OFF OUR DISCUSSION TONIGHT, A CNBC CONTRIBUTE TOR, TONIGHT, A CNBC CONTRIBUTE TOR, SENIOR FINANCIAL CORRESPONDENT, SENIOR FINANCIAL CORRESPONDENT, OPINION WRITER AT THE WASHINGTON OPINION WRITER AT THE WASHINGTON POST. POST. JARED BERNSTEIN, YOU HAVE SEEN A JARED BERNSTEIN, YOU HAVE SEEN A LOT IN YOUR LIFE AND WORK IN LOT IN YOUR LIFE AND WORK IN POLITICS AND IN BUSINESS, IN POLITICS AND IN BUSINESS, IN ECONOMICS. ECONOMICS. THE PRESIDENT STARTING A WAR THE PRESIDENT STARTING A WAR WITH THIS FEDERAL RESERVE CHIEF, WITH THIS FEDERAL RESERVE CHIEF, COMPARING HIM TO THE LEADER OF COMPARING HIM TO THE LEADER OF AN AUTHORITARIAN NATION IS AN AUTHORITARIAN NATION IS SOMETHING I HAVE NEVER SEEN. SOMETHING I HAVE NEVER SEEN.>>YEAH.>>YEAH. I GOT TO SAY I DON’T PAY CLOSE I GOT TO SAY I DON’T PAY CLOSE ATTENTION TO A LOT OF WHAT TRUMP ATTENTION TO A LOT OF WHAT TRUMP SAYS BECAUSE IT’S OFTEN SAYS BECAUSE IT’S OFTEN MEANINGLESS. MEANINGLESS. BUT THAT ONE JUST GOT DEEPLY BUT THAT ONE JUST GOT DEEPLY UNDER MY SKIN, MUCH AS I DID IT UNDER MY SKIN, MUCH AS I DID IT DID YOURS AND HOPEFULLY MANY OF DID YOURS AND HOPEFULLY MANY OF YOUR VIEWERS AS WELL. YOUR VIEWERS AS WELL. I HAVE KNOWN JEROME POWELL FOR A I HAVE KNOWN JEROME POWELL FOR A WHILE, BEFORE HE WENT OVER TO WHILE, BEFORE HE WENT OVER TO THE FEDERAL RESERVE. THE FEDERAL RESERVE. THIS IS A GUY WHO HAS BEEN A THIS IS A GUY WHO HAS BEEN A THOUGHTFUL AND DEDICATED PUBLIC THOUGHTFUL AND DEDICATED PUBLIC SERVANT FOR AS LONG AS I HAVE SERVANT FOR AS LONG AS I HAVE KNOWN HIM. KNOWN HIM. AND FOR TRUMP, WHO IS, AS YOU AND FOR TRUMP, WHO IS, AS YOU HAVE SAID, DELIVERING THE CHAOS HAVE SAID, DELIVERING THE CHAOS AND THE CRAZY AT A RATE THAT’S AND THE CRAZY AT A RATE THAT’S MASSIVELY ACCELERATED FROM WHAT MASSIVELY ACCELERATED FROM WHAT WAS ALREADY TOO MUCH TO TAKE, WAS ALREADY TOO MUCH TO TAKE, FOR HIM TO COME AFTER POWELL FOR HIM TO COME AFTER POWELL THAT WAY IS — IT’S BEYOND NORM THAT WAY IS — IT’S BEYOND NORM BREAKING. BREAKING. IT’S JUST REPREHENSIBLE. IT’S JUST REPREHENSIBLE. AND AS YOU ALSO CORRECTLY POINT AND AS YOU ALSO CORRECTLY POINT OUT, JUST GETTING BACK TO THE OUT, JUST GETTING BACK TO THE ECONOMICS, NOW HE’S TAKING HIS ECONOMICS, NOW HE’S TAKING HIS CHAOS TO EUROPE TO MEET WITH CHAOS TO EUROPE TO MEET WITH OTHER INTERNATIONAL LEADERS AND, OTHER INTERNATIONAL LEADERS AND, LOOK, BASED ON WHAT WE’VE SEEN, LOOK, BASED ON WHAT WE’VE SEEN, I DON’T SEE HOW THAT ENDS WELL. I DON’T SEE HOW THAT ENDS WELL.>>JENNIFER RUBEN, IT’S LIKE PIG>>JENNIFER RUBEN, IT’S LIKE PIG PEN. PEN. HE HAS A SWIRLING CLOUD AROUND HE HAS A SWIRLING CLOUD AROUND HIM. HIM. I HAVE COVERED G-7s. I HAVE COVERED G-7s. I NEVER HEARD THEY DECIDED I NEVER HEARD THEY DECIDED BEFORE THE WHOLE THING STARTED BEFORE THE WHOLE THING STARTED THAT THEY’RE NOT PUTTING OUT A THAT THEY’RE NOT PUTTING OUT A JOINT COMMUNIQUE BECAUSE THERE JOINT COMMUNIQUE BECAUSE THERE IS NO POINT. IS NO POINT. HE SAID MR. TRUMP’S WILD AND HE SAID MR. TRUMP’S WILD AND UNSCRIPTED PRONOUNCEMENTS ON UNSCRIPTED PRONOUNCEMENTS ON FRIDAY RENEWED QUESTIONS ABOUT FRIDAY RENEWED QUESTIONS ABOUT HIS STEWARD SHIP OF THE WORLD’S HIS STEWARD SHIP OF THE WORLD’S LARGEST ECONOMY. LARGEST ECONOMY. EVEN SOME OF HIS OWN AIDS AND EVEN SOME OF HIS OWN AIDS AND ALLIES WERE A ALARMED BY HIS ALLIES WERE A ALARMED BY HIS BEHAVIOR SEEMING IT AS THE BEHAVIOR SEEMING IT AS THE FLAILING OF A PRESIDENT FLAILING OF A PRESIDENT INCREASINGLY ANXIOUS OVER THE INCREASINGLY ANXIOUS OVER THE DARK CLOUD. DARK CLOUD. WE WERE ALL THERE FOR 2008. WE WERE ALL THERE FOR 2008. NONE OF US WANT TO BE THERE NONE OF US WANT TO BE THERE AGAIN. AGAIN. IF AND WHEN RECESSION COMES IF AND WHEN RECESSION COMES BECAUSE IT IS LIKELY IT WILL, BECAUSE IT IS LIKELY IT WILL, WHAT WE DON’T NEED IS CHAOS AT WHAT WE DON’T NEED IS CHAOS AT THE HELM. THE HELM.>>EXACTLY.>>EXACTLY. PRESIDENT TRUMP HAS ALWAYS PRESIDENT TRUMP HAS ALWAYS THRIVED ON CHAOS. THRIVED ON CHAOS. HE THINKS IT PUTS HIS OPPONENTS HE THINKS IT PUTS HIS OPPONENTS ON THEIR BACK HEEL. ON THEIR BACK HEEL. HE THINKS THAT THAT SOMEHOW HE THINKS THAT THAT SOMEHOW MAKES HIM THE BIG GUY BECAUSE MAKES HIM THE BIG GUY BECAUSE HE’S ABLE TO COME IN AND CLEAR HE’S ABLE TO COME IN AND CLEAR UP THE CHAOS THAT HE STARTED. UP THE CHAOS THAT HE STARTED. THIS DOES NOT WORK THIS WAY WHEN THIS DOES NOT WORK THIS WAY WHEN YOU ARE PRESIDENT OF THE UNITED YOU ARE PRESIDENT OF THE UNITED STATES. STATES. IT SURE DOESN’T WORK WITH WAY IT SURE DOESN’T WORK WITH WAY WHEN YOU ARE PLAYING GAMES WITH WHEN YOU ARE PLAYING GAMES WITH THE INTERNATIONAL TRADE SYSTEM. THE INTERNATIONAL TRADE SYSTEM. IT SURE DOESN’T MAKE THAT ANY IT SURE DOESN’T MAKE THAT ANY SENSE WHEN YOU ARE STARTING TO SENSE WHEN YOU ARE STARTING TO SHOOT OUT DECREES THAT THE SHOOT OUT DECREES THAT THE BUSINESSES OF AMERICA WILL CEASE BUSINESSES OF AMERICA WILL CEASE DOING BUSINESS WITH CHINA. DOING BUSINESS WITH CHINA. YOU KNOW, I THINK HIS INSULTS YOU KNOW, I THINK HIS INSULTS THAT THE DEMOCRATS ARE ALL A THAT THE DEMOCRATS ARE ALL A BUNCH OF SOCIALISTS WENT OUT THE BUNCH OF SOCIALISTS WENT OUT THE WINDOW WITH THAT. WINDOW WITH THAT. HE OF COURSE DOES NOT HAVE THE HE OF COURSE DOES NOT HAVE THE POWER. POWER. BUT WHO KNOWS WHAT HE’S GOING TO BUT WHO KNOWS WHAT HE’S GOING TO DO NEXT? DO NEXT? WHO KNOWS WHAT EXECUTIVE ORDER WHO KNOWS WHAT EXECUTIVE ORDER HE WILL ISSUE? HE WILL ISSUE? WHO KNOWS WHAT COURT FIGHTS WHO KNOWS WHAT COURT FIGHTS AMERICAN BUSINESSES ARE GOING TO AMERICAN BUSINESSES ARE GOING TO BE IN. BE IN. AND THE SHAME OF THIS IS AND THE SHAME OF THIS IS CONGRESS COULD PREVENT EVERY BIT CONGRESS COULD PREVENT EVERY BIT OF THIS. OF THIS. THE POWER OF REGULATING TRADE THE POWER OF REGULATING TRADE AND TARIFFS RESIDES WITH AND TARIFFS RESIDES WITH CONGRESS. CONGRESS. THEY HAVE LEGISLATED THAT AWAY, THEY HAVE LEGISLATED THAT AWAY, AND THEY COULD TAKE THAT BACK AND THEY COULD TAKE THAT BACK HOOK, LINE AND SINKER. HOOK, LINE AND SINKER. EVEN A NATIONAL SECURITY EXCUSE, EVEN A NATIONAL SECURITY EXCUSE, WHICH HE IS — EXEMPTION WHICH WHICH HE IS — EXEMPTION WHICH HE HAS ABUSED, AND THEY ARE TOO HE HAS ABUSED, AND THEY ARE TOO CHICKEN TO DO. CHICKEN TO DO. THEY COULD SAVE THIS ECONOMY AND THEY COULD SAVE THIS ECONOMY AND THEY WON’T. THEY WON’T. WHEN THIS ECONOMY DOES FALTER, WHEN THIS ECONOMY DOES FALTER, IT WILL NOT ONLY BE TRUMP’S IT WILL NOT ONLY BE TRUMP’S FAULT BUT THE REPUBLICANS IN FAULT BUT THE REPUBLICANS IN CONGRESS WHO HAVE NOT SPENT ONE CONGRESS WHO HAVE NOT SPENT ONE ONCE OF ENERGY OR SPINE TO DO ONCE OF ENERGY OR SPINE TO DO ANYTHING ABOUT THIS. ANYTHING ABOUT THIS.>>THERE IS SO MUCH WRONG WITH>>THERE IS SO MUCH WRONG WITH THAT HEREBY THING HE DID TODAY. THAT HEREBY THING HE DID TODAY. IMMEDIATELY START LOOKING FOR AN IMMEDIATELY START LOOKING FOR AN ALTERNATIVE TO CHINA. ALTERNATIVE TO CHINA.>>IF THERE IS ANYTHING AMERICAN>>IF THERE IS ANYTHING AMERICAN CEOs LIKE TO TAKE ORDERS FROM A CEOs LIKE TO TAKE ORDERS FROM A TRUST FUND BABY RODEO CLOWN. TRUST FUND BABY RODEO CLOWN.>>I’M SURE THEY’RE LOVING IT.>>I’M SURE THEY’RE LOVING IT. AND IT’S NOT LEGAL. AND IT’S NOT LEGAL. AND I’M SURE THAT THERE WILL BE AND I’M SURE THAT THERE WILL BE REACTIONS IN THE BUSINESS REACTIONS IN THE BUSINESS COMMUNITY THAT WILL BE VERY COMMUNITY THAT WILL BE VERY QUIET. QUIET. BUT BUSINESS INVESTMENT HAS GONE BUT BUSINESS INVESTMENT HAS GONE DOWN. DOWN. THAT IS SPEAKING VERY LOUDLY TO THAT IS SPEAKING VERY LOUDLY TO THE PRESIDENT. THE PRESIDENT. THE MANUFACTURING SECTOR IS THE MANUFACTURING SECTOR IS SLOWING DOWN. SLOWING DOWN. AND THE TARIFFS THAT HE IS ABOUT AND THE TARIFFS THAT HE IS ABOUT TO ENACT WILL HIT THE CONSUMER. TO ENACT WILL HIT THE CONSUMER.>>THEY WON’T BECAUSE CHINA PAYS>>THEY WON’T BECAUSE CHINA PAYS FOR IT. FOR IT.>>I FORGOT.>>I FORGOT. WE LIVE IN A CRAZY LAND NOW. WE LIVE IN A CRAZY LAND NOW. BUT, YEAH, SO NEXT ROUND WE’RE BUT, YEAH, SO NEXT ROUND WE’RE HITTING RETAIL. HITTING RETAIL. ROUND AFTER THAT YOU ARE ROUND AFTER THAT YOU ARE HITTING, YOU KNOW, TOYS, ET HITTING, YOU KNOW, TOYS, ET CETERA. CETERA. THIS IS WHERE THE RUBBER HITS THIS IS WHERE THE RUBBER HITS THE ROAD. THE ROAD. THIS IS WHERE THE RUBBER HITS THIS IS WHERE THE RUBBER HITS THE FLAT SCREEN TVs IN DECEMBER THE FLAT SCREEN TVs IN DECEMBER AND IN SEPTEMBER IT’S GOING TO AND IN SEPTEMBER IT’S GOING TO BE THE SNEAKERS, THE JEANS, ET BE THE SNEAKERS, THE JEANS, ET CETERA. CETERA. THE AMERICAN CONSUMER IS KEEPING THE AMERICAN CONSUMER IS KEEPING THE GLOBAL ECONOMY AFLOAT RIGHT THE GLOBAL ECONOMY AFLOAT RIGHT NOW. NOW. THIS IS THE LAST THING THAT YOU THIS IS THE LAST THING THAT YOU WANT TO DO. WANT TO DO. AND, FRANKLY, HE’S LAYING OUT A AND, FRANKLY, HE’S LAYING OUT A PATH TO DESTRUCTION. PATH TO DESTRUCTION. THE THING THAT ALSO WORRIES ME THE THING THAT ALSO WORRIES ME IS THAT CHAIRMAN POWELL SEEMS TO IS THAT CHAIRMAN POWELL SEEMS TO BE INTERNALIZING SOME OF WHAT BE INTERNALIZING SOME OF WHAT TRUMP IS SAYING. TRUMP IS SAYING. HE WAS TALKING ABOUT THE FEDS HE WAS TALKING ABOUT THE FEDS RESPONSIBILITY TO KEEP THE RESPONSIBILITY TO KEEP THE EXPANSION GOING. EXPANSION GOING. THAT’S LIKE THE GOVERNOR OF THAT’S LIKE THE GOVERNOR OF FLORIDA SAYING THAT HURRICANE FLORIDA SAYING THAT HURRICANE SEASON IS CANCELED, YOU KNOW? SEASON IS CANCELED, YOU KNOW? RECESSIONS HAPPEN. RECESSIONS HAPPEN. THEY’RE CYCLICAL. THEY’RE CYCLICAL. TRUMP MAY HAVE GOTTEN A — MAYBE TRUMP MAY HAVE GOTTEN A — MAYBE HE HAD SOME BAD LUCK. HE HAD SOME BAD LUCK. BUT HE’S TURNING THAT BAD LUCK BUT HE’S TURNING THAT BAD LUCK INTO DISASTER WITH THIS TRADE INTO DISASTER WITH THIS TRADE SITUATION. SITUATION.>>AT THE TOP OF THE SHOW I WAS>>AT THE TOP OF THE SHOW I WAS SAYING THAT THIS IS A LOSE-LOSE SAYING THAT THIS IS A LOSE-LOSE SITUATION, THAT THOSE AREN’T SITUATION, THAT THOSE AREN’T ACTUALLY MY WORDS. ACTUALLY MY WORDS. THEY’RE ACTUALLY YOUR WORDS. THEY’RE ACTUALLY YOUR WORDS. YOU SAID THIS TO ME LAST WEEK. YOU SAID THIS TO ME LAST WEEK. YOU SAID THIS IS THE WORST KIND YOU SAID THIS IS THE WORST KIND OF WAR BECAUSE EVERYBODY IS OF WAR BECAUSE EVERYBODY IS LOSING ON EVERY FRONT. LOSING ON EVERY FRONT. WE WILL NOT GET THE SOY BEAN WE WILL NOT GET THE SOY BEAN CONTRACTS BACK THAT WE HAD WITH CONTRACTS BACK THAT WE HAD WITH CHINA BECAUSE THEY ARE NOW CHINA BECAUSE THEY ARE NOW GETTING THAT SOY BEAN FROM GETTING THAT SOY BEAN FROM BRAZIL. BRAZIL. THE LOBSTERS, THEY ARE GETTING THE LOBSTERS, THEY ARE GETTING FROM CANADA NOW. FROM CANADA NOW. WE WILL NEVER GET IT 100% BACK. WE WILL NEVER GET IT 100% BACK. THE CHINESE ARE SUFFERING MORE THE CHINESE ARE SUFFERING MORE THAN WE ARE. THAN WE ARE. THERE IS NO ARTICULATING VIEW OF THERE IS NO ARTICULATING VIEW OF WHAT SUCCESS IS HERE. WHAT SUCCESS IS HERE.>>YEAH.>>YEAH. I THINK THAT’S EXACTLY RIGHT. I THINK THAT’S EXACTLY RIGHT. THE ONLY WAY TO WIN A TRADE WAR THE ONLY WAY TO WIN A TRADE WAR IS TO NOT BE IN ONE. IS TO NOT BE IN ONE. WHAT YOU ARE STARTING TO HEAR WHAT YOU ARE STARTING TO HEAR SOME OF THESE BUSINESSES SAYING SOME OF THESE BUSINESSES SAYING IS THAT THEY HAVE TRIED IN MANY IS THAT THEY HAVE TRIED IN MANY CASES TO FIND NEW PRODUCTION CASES TO FIND NEW PRODUCTION PLATFORMS FROM WHICH THEY CAN PLATFORMS FROM WHICH THEY CAN IMPORT THE GOODS THAT ARE NOW IMPORT THE GOODS THAT ARE NOW FACING INCREASING TARIFFS IN FACING INCREASING TARIFFS IN CHINA. CHINA. AND IT’S JUST REALLY HARD TO DO. AND IT’S JUST REALLY HARD TO DO. BY THE WAY, NOTE THAT THAT DOES BY THE WAY, NOTE THAT THAT DOES NOT ACCOMPLISH TRUMP’S GOAL. NOT ACCOMPLISH TRUMP’S GOAL. TRUMP’S GOAL IS SOME VERSION OF TRUMP’S GOAL IS SOME VERSION OF IMPORT SUBSTITUTION, MEANING IMPORT SUBSTITUTION, MEANING BUILD STUFF DOMESTICALLY THAT’S BUILD STUFF DOMESTICALLY THAT’S BEING CURRENTLY BUILT. BEING CURRENTLY BUILT. THAT’S NOT WHAT WE’RE HEARING. THAT’S NOT WHAT WE’RE HEARING. THEY WILL SAYING MAYBE I WILL GO THEY WILL SAYING MAYBE I WILL GO TO COME BODEAMBODIA, MILAN. TO COME BODEAMBODIA, MILAN. WE’RE HAVING SOME OF THE WE’RE HAVING SOME OF THE ECONOMIC PROBLEMS THAT SHE WAS ECONOMIC PROBLEMS THAT SHE WAS JUST TALKING ABOUT, INCLUDING JUST TALKING ABOUT, INCLUDING DIMINISHED INVESTMENT. DIMINISHED INVESTMENT. NOW I THINK THE IDEA WAS THAT IF NOW I THINK THE IDEA WAS THAT IF YOU LOOK AT ANY ARTICLE THAT WAS YOU LOOK AT ANY ARTICLE THAT WAS ABOUT A POTENTIAL RECESSION IN ABOUT A POTENTIAL RECESSION IN THE WIND OVER THE LAST COUPLE OF THE WIND OVER THE LAST COUPLE OF WEEKS, THEY HAVE ALL MENTIONED WEEKS, THEY HAVE ALL MENTIONED THE TRADE WAR IN PARAGRAPH ONE THE TRADE WAR IN PARAGRAPH ONE AS EXHIBIT A OF TRUMP REALLY AS EXHIBIT A OF TRUMP REALLY DAMAGING THE ECONOMY. DAMAGING THE ECONOMY. THAT WAS BEFORE THIS LEVEL OF THAT WAS BEFORE THIS LEVEL OF ESCALATION AND THIS MARKET ESCALATION AND THIS MARKET REACTION TODAY. REACTION TODAY. SO WHENEVER THAT KIND OF SO WHENEVER THAT KIND OF RECESSION RISK FACTOR THAT’S RECESSION RISK FACTOR THAT’S GOING ON, IT HAS NOW BEEN AMPED GOING ON, IT HAS NOW BEEN AMPED UP BY THE PRESIDENT. UP BY THE PRESIDENT.>>SO JENNIFER, THERE IS ALL>>SO JENNIFER, THERE IS ALL SORTS OF TALK. SORTS OF TALK. THERE IS PEOPLE OF ACCUSING THE THERE IS PEOPLE OF ACCUSING THE MEDIA OF AMPING UP RECESSION. MEDIA OF AMPING UP RECESSION. THE DEMOCRATS WANTING RECESSION THE DEMOCRATS WANTING RECESSION BECAUSE IT WILL PUT TRUMP OUT OF BECAUSE IT WILL PUT TRUMP OUT OF OFFICE. OFFICE. ANYBODY WISHING FOR RECESSION ANYBODY WISHING FOR RECESSION HAS JUST GOT A BLACK HEART. HAS JUST GOT A BLACK HEART. BUT THE FACT IS THEY DO HAPPEN BUT THE FACT IS THEY DO HAPPEN AND THERE IS NOTHING THAT WILL AND THERE IS NOTHING THAT WILL AFFECT DONALD TRUMP’S BASE OR AFFECT DONALD TRUMP’S BASE OR ERODE HIS SUPPORT MORE THAN ERODE HIS SUPPORT MORE THAN PEOPLE ACTUALLY LOSING JOBS AND PEOPLE ACTUALLY LOSING JOBS AND LOSING THEIR WAGES, WHICH LOSING THEIR WAGES, WHICH ACTUALLY HAPPENS IN A RECESSION. ACTUALLY HAPPENS IN A RECESSION. SO I WOULD THINK ALL OF THE SO I WOULD THINK ALL OF THE DOZENS OF THINGS OVER THE LAST DOZENS OF THINGS OVER THE LAST TWO YEARS THAT WE HAVE HEARD TWO YEARS THAT WE HAVE HEARD REPUBLICANS STAY SILENT ABOUT, I REPUBLICANS STAY SILENT ABOUT, I WOULD THINK THIS WOULD BE THE WOULD THINK THIS WOULD BE THE ONE THEY’D SAY, NO, NO, HOLD ON ONE THEY’D SAY, NO, NO, HOLD ON A SECOND. A SECOND. YOU CANNOT RUN THIS TRAIN RIGHT YOU CANNOT RUN THIS TRAIN RIGHT OFF THE TRACKS BECAUSE WE’LL ALL OFF THE TRACKS BECAUSE WE’LL ALL LOSE THE NEXT ELECTION. LOSE THE NEXT ELECTION.>>WELL, I SOMEWHAT CASUALLY>>WELL, I SOMEWHAT CASUALLY SENT OFF A TWEET TODAY HOW MANY SENT OFF A TWEET TODAY HOW MANY POINTS DOES THE DOW HAVE TO DROP POINTS DOES THE DOW HAVE TO DROP BEFORE THE REPUBLICANS GET IN BEFORE THE REPUBLICANS GET IN THE GAME? THE GAME? 5,000, 10,000, 15,000. 5,000, 10,000, 15,000. WHAT IS IT GOING TO FINALLY TAKE WHAT IS IT GOING TO FINALLY TAKE TO GET THEM OFF THE STICK? TO GET THEM OFF THE STICK? I THINK PART OF THE PROBLEM HERE I THINK PART OF THE PROBLEM HERE IS NOT ONLY IS THIS A COMPLETE IS NOT ONLY IS THIS A COMPLETE MESS, BUT WAY BACK WHEN, DO YOU MESS, BUT WAY BACK WHEN, DO YOU REMEMBER WE ACTUALLY HAD A REAL REMEMBER WE ACTUALLY HAD A REAL PROBLEM WITH CHINA, WHICH WAS PROBLEM WITH CHINA, WHICH WAS THE THEFT OF EXTORTION OF THE THEFT OF EXTORTION OF INTELLECTUAL. INTELLECTUAL.>>THAT’S THE THING WE SHOULD>>THAT’S THE THING WE SHOULD HAVE DEALT WITH AND THE ENTIRE HAVE DEALT WITH AND THE ENTIRE WORLD WOULD HAVE SUPPORTED THE WORLD WOULD HAVE SUPPORTED THE UNITED STATES. UNITED STATES.>>AND WE WOULD HAVE SIGNED ON>>AND WE WOULD HAVE SIGNED ON TO TPP. TO TPP. WE EXCLUDED CHINA, PUT THE WE EXCLUDED CHINA, PUT THE PRESSURE ON CHINA, CEMENTED OUR PRESSURE ON CHINA, CEMENTED OUR ALLIANCES. ALLIANCES. SO WE HAVE DONE JUST ABOUT SO WE HAVE DONE JUST ABOUT EVERYTHING WRONG TO NOT ONLY NOT EVERYTHING WRONG TO NOT ONLY NOT SOLVE OUR OLD PROBLEMS BUT SOLVE OUR OLD PROBLEMS BUT CREATE NEW ONES. CREATE NEW ONES. AND BY THE WAY, ONE THING WE AND BY THE WAY, ONE THING WE HAVEN’T DISCUSSED IS AS THEY HAVEN’T DISCUSSED IS AS THEY HAVE REFIGURED THE JOBS NUMBERS, HAVE REFIGURED THE JOBS NUMBERS, TURNS OUT THERE IS 500,000 LESS TURNS OUT THERE IS 500,000 LESS JOBS CREATED WE THOUGHT. JOBS CREATED WE THOUGHT. IT LOOKS A LOT WEAKER THAN WE IT LOOKS A LOT WEAKER THAN WE EVEN SUSPECTED IT WAS. EVEN SUSPECTED IT WAS. AND AS A RESULT OF THAT, WHAT’S AND AS A RESULT OF THAT, WHAT’S HE GOING TO USE NOW? HE GOING TO USE NOW? WE ALREADY HAVE A TRAL DOLLAR WE ALREADY HAVE A TRAL DOLLAR DEFICIT. DEFICIT. WHAT’S HE GOING TO USE AS A WHAT’S HE GOING TO USE AS A FISCAL STIMULUS IF WE GO INTO A FISCAL STIMULUS IF WE GO INTO A DEPRESSION? DEPRESSION? THE FED HAS CUT RATES, BUT THEY THE FED HAS CUT RATES, BUT THEY ARE SO LOW ALREADY THAT THERE IS ARE SO LOW ALREADY THAT THERE IS NOT MUCH ROOM. NOT MUCH ROOM.>>THE THING THAT CONCERNS ME>>THE THING THAT CONCERNS ME ABOUT WHAT HE WAS SAYING IS THAT ABOUT WHAT HE WAS SAYING IS THAT IT SEEMS LIKE HE’S LET GO OF IT SEEMS LIKE HE’S LET GO OF MAKING A DEAL AND NOW HIS GOAL MAKING A DEAL AND NOW HIS GOAL IS WHAT WE CALL IN NERD CIRCLES IS WHAT WE CALL IN NERD CIRCLES DECOUPLING OF CHINA, WHICH IS DECOUPLING OF CHINA, WHICH IS JUST SEVERING THE ECONOMIC JUST SEVERING THE ECONOMIC RELATIONSHIP BETWEEN THE UNITED RELATIONSHIP BETWEEN THE UNITED STATES AND CHINA, WHICH WOULD BE STATES AND CHINA, WHICH WOULD BE HORRIFIC AND WHICH MANY WORRY HORRIFIC AND WHICH MANY WORRY WOULD DIVIDE THE WORLD BETWEEN WOULD DIVIDE THE WORLD BETWEEN AN ECONOMIC AND DIG CAL IRON AN ECONOMIC AND DIG CAL IRON CURTAIN AND YOU WOULD REALLY CURTAIN AND YOU WOULD REALLY HAVE TO CHOOSE BETWEEN TWO HAVE TO CHOOSE BETWEEN TWO INTERNETS, TWO ECONOMIES, TWO INTERNETS, TWO ECONOMIES, TWO WORLDS. WORLDS. I DON’T THINK WE WANT THAT I DON’T THINK WE WANT THAT AGAIN. AGAIN. AND WHAT HE SEEMS TO BE MOVING AND WHAT HE SEEMS TO BE MOVING TOWARD FULL STEAM AHEAD IF HE TOWARD FULL STEAM AHEAD IF HE CAN’T GET HIS WAY FROM PRESIDENT CAN’T GET HIS WAY FROM PRESIDENT XI LIKE A SCREAMING POUTING XI LIKE A SCREAMING POUTING CHILD IS THAT HE’S GOING TO PULL CHILD IS THAT HE’S GOING TO PULL FOR THIS DECOUPLING NOTION. FOR THIS DECOUPLING NOTION. IT’S VERY SCAREY. IT’S VERY SCAREY.>>EXPLAIN WHY THAT’S TOUGH.>>EXPLAIN WHY THAT’S TOUGH. THIS IS NOT A NORMAL THIS IS NOT A NORMAL RELATIONSHIP WE WOULD HAVE RELATIONSHIP WE WOULD HAVE DESCRIBED 20 YEARS AGO. DESCRIBED 20 YEARS AGO. THE RELATIONSHIP WITH CHINA IS THE RELATIONSHIP WITH CHINA IS SUBSTANTIALLY MORE COMPLICATED SUBSTANTIALLY MORE COMPLICATED FROM A CURRENTLY PERSPECTIVE AND FROM A CURRENTLY PERSPECTIVE AND WHAT CHINA DOES AROUND THE WHAT CHINA DOES AROUND THE WORLD. WORLD.>>SO DONALD TRUMP THINKS HE CAN>>SO DONALD TRUMP THINKS HE CAN UNSCRAMBLE THE GLOBALIZATION UNSCRAMBLE THE GLOBALIZATION OMELET, AND HE CAN’T. OMELET, AND HE CAN’T. IT’S NOT JUST THAT WE IMPORT IT’S NOT JUST THAT WE IMPORT TOYS AND TELEVISIONS FROM CHINA. TOYS AND TELEVISIONS FROM CHINA. WE ALSO IMPORT TONS OF WE ALSO IMPORT TONS OF INTERMEDIATE GOODS. INTERMEDIATE GOODS. THESE ARE IMPORTS THAT GO INTO THESE ARE IMPORTS THAT GO INTO PRODUCTS THAT ARE PRODUCED HERE. PRODUCTS THAT ARE PRODUCED HERE. SO OUR LINKAGE IS TO THE CHINESE SO OUR LINKAGE IS TO THE CHINESE ECONOMY ARE NOT JUST THE STUFF ECONOMY ARE NOT JUST THE STUFF THAT’S ON THE SHELVES OF THAT’S ON THE SHELVES OF WALMART. WALMART. AND EVEN THEN, AS I SAID IN MY AND EVEN THEN, AS I SAID IN MY LAST REMARK, THOSE GOODS ARE NOT LAST REMARK, THOSE GOODS ARE NOT GOING TO BE MADE HERE. GOING TO BE MADE HERE. THE GLOBALIZATION SHIP HAS LEFT THE GLOBALIZATION SHIP HAS LEFT THE PORT AND NOW, AS I THE PORT AND NOW, AS I MENTIONED, THOSE PRODUCERS ARE MENTIONED, THOSE PRODUCERS ARE LOOKING TO IMPORT FROM OTHER LOOKING TO IMPORT FROM OTHER COUNTRIES OFTEN IN ASIA. COUNTRIES OFTEN IN ASIA. SO, A, THE NOTION OF IMIMPORTANT SO, A, THE NOTION OF IMIMPORTANT SUBSTITUTION THAT WE’LL JUST SUBSTITUTION THAT WE’LL JUST REPLACE ALL THAT STUFF REPLACE ALL THAT STUFF DOMESTICALLY IS JUST NOT GOING DOMESTICALLY IS JUST NOT GOING TO HAPPEN. TO HAPPEN. THAT’S NOT THE STRUCTURE OF THE THAT’S NOT THE STRUCTURE OF THE GLOBAL ECONOMY. GLOBAL ECONOMY. AND, B, YOU ARE REALLY HURTING AND, B, YOU ARE REALLY HURTING AMERICAN PRODUCERS. AMERICAN PRODUCERS. IT IS JUST WHAT YOU SAID AT THE IT IS JUST WHAT YOU SAID AT THE BEGINNING OF THE SHOW. BEGINNING OF THE SHOW. IT IS ACTUALLY AMERICAN IT IS ACTUALLY AMERICAN PRODUCERS USING INTERMEDIATE




Comments
  1. He solved the debt crisis in less that 3 years, he won the "easy to win" trade war, he built the wall and Mexico paid for it as he promised, just a few of the many promises Trump made and would get done with only "the best people" working in his administration… hold on,
    NONE of these promises have or will ever be acheived Trump is a FAILURE, LIAR and COMPLETE INCOMPETENT MORON!!!

  2. Trump didn't get the memo. We can't rebuild trade relations easily. We have a recession every so many years but his policies may well make it a depression.

  3. Okay, seriously, hear me out. The president has had a colored past, lots of mistresses, etc. Has he been tested for Syphilis? Think Henry VIII…

  4. farmers are losing?? No way… wait! who voed overwhelmingly for Trump? who will still vote overwhelmingly for Trump? yes.. It is them.

  5. Between Trumps antics and the GE hammer dropping in the near future, the inverted yield curve, who can deny rescission is coming? Layoffs by thanksgiving, retail spending before Christmas will be anemic. How much are those new iphones going to cost?! Feeeckkkk.

  6. I can personally vouch for trump damaging our economy and our own workforce. I work in manufacturing for a corporation that builds medical devices. Parts of the devices we build come from China, which we aren't getting in, which has lead to purposefully slowing our manufacturing because we cant just spontaneously begin making these parts ourselves. My company has now begun laying staff off. We're losing jobs in a community where basically the only jobs come from agriculture (which we're seeing also taking a huge hit) and manufacturing at my factory. We're all scared of losing our jobs and the only reason is this administrations incompetence. I'll remember that at the ballots.

  7. Trump is like satan if you are doing his evil work on Earth he love you but if you turn right to God he hate you chump trump is the same thing as satan

  8. I hope the GOPS are happy now the country is heading for disaster
    well done folks your silence is deafening

  9. The doofus infesting the Oval Office has his ties and MAGA hats made in CHINA! He’s having his CAMPAIGN GOODS made in CHINA!!! He needs to be removed for INSANITY before he tanks the economy with his screwball tariffs.

  10. I was ‘alarmed’ when i found out that Obama attended Reverand Jeremiah Wright’s racist black liberation theology church for 20 years. Why did you propaganda media not report that? Its especially hilarious since Obama is not black, hes mixed. He is 50% caucasion, 25% black, and 25% arabic.

  11. American's have elected a racist mad idiotic buffoon for president..and they only have themselves to blame…Trump is the embodiment of America, racist, vicious, violent, and morally corrupt….

  12. More stories to keep their viewers.
    Msnbc ratings tanked after mueller report.
    No collusion no obstruction equals no viewers for msnbc.
    Trump is a Russian spy. Hahahahaha hahahaha
    What a bunch of idiots

  13. nothing wrong with Trump its the left who are mentally deranged! Trump is just destroying the deep state cabal that is trying to eradicate the human race / leftists have to wake up! China communist deep state is the enemy . You people are stupid!

  14. I've been not listening to the news for a few weeks, now back again and it's like days of our lives, you can not watch it for months and when you tune in again it's the same narrative going round and round. Nothing changes, Trump just keeps doing damage and no one can stop him.

  15. The Republicans are allowing ALL of this to happen just because they want to maintain power! They don’t care about the people in any way. When November 2020 comes we have to vote them ALL OUT! Moscow Mitch needs a bullet!

  16. This Russian Traitor Trump if not removed might try to full fill the Bible Prophecy. (pushing the NUCLEAR button!) Trump now thinks he can get rid of storms by exploding them with nuclear bombs! Don the CON is a Threat to the World! Blue 2020 take down Moscow Mitch too!

  17. This has been a disastrous month for our nation. Starting with the El Paso orphan photo, Trump's presidency has become a raging blaze. The house is on fire. What are we willing do do about it?

  18. What recession. Americans are rich. We’re more well of then we know. We have a magical pot of gold built into our pockets. Yet we struggle to pay our bills because of equal pay. 🤫😉🤔

  19. Not surprised. trumpTURD bozo had 6 bankruptcies before pootie/electoral college put him in the Oval Office. Next!

  20. None of their predictions ever come true, they mention the stock market drop but never mentioned that the stock market is at a record high

  21. Trump's dad had Alzheimer's . Its hereditary, Think Trump has it. Can you imagine how he ripped his dads money off when he was too far gone? Trump was prob mean to him. yuk.

  22. There's those little pyjama's for toddlers where in they can sh**t, have a temper tantrum etc. Here in Europe they're called trumpers.

  23. Sooo … Donald's tariffs caused China to find a new source of soybeans …. our farmers are losing a big part their market and needing millions of dollars in subsidies to help sustain them … Brazil is going to provide China with soybeans … Brazil's rain forests which provide about 20% of the Earth's oxygen are currently being burnt down to create space for farming to grow soybeans … Does that mean that Donald T is further contributing to the destruction of the World's climate and sustainability of life as we know it?

  24. You know I've thought a lot about how Trump takes on any situation. If trump's narcissistic behavior would allow him to say to himself, and quit frankly the American people, that he could be wrong and IF he could take someone else's opinion and give it a HONEST look then he would maybe, maybe be able to explain himself to his people and we might even cop him some slack! But the scary thing is is he can't do that and since he can't take or accept anyone else's word then what that says is he can't govern! Maybe he really thinks he does . But the truth is he can't and THAT IS THE DANGER IN LETTING HIM REMAIN IN OFFICE. IF YOU CAN'T GOVERN THEN YOU CAN'T but trumps, and by association our real problem is that. He just can't see it. He will always think he's right when he's clearly not! I never thought I would ever even come close to being kind to this criminal president but America needs to admit that we have a very, very ill man in a very, very important role and we just CAN'T AFFORD TO BE WRONG HERE!! WE CAN'T AFFORD TO LET TRUMP BE WRONG AND NOT TELL HIM SO! Americans need to put party aside this one time and give this situation a clear eyed look and admit that WE CAN BE WRONG AND WE CAN ADMIT IT EVEN THOUGH WE HAVE A LEADER THAT CAN'T!! BECAUSE WE HAVE A LEADER THAT CAN'T!! RIGHT IS STILL RIGHT AND WE ALL NEED TO LOOK AT THAT AND BE HONEST ABOUT THAT. WE MAY BE DOING THINGS NOW THAT DEEP DOWN INSIDE WE KNOW THERE WRONG AND IT'S EVERY SINGLE PERSONS RESPONSIBLITY TO ADMIT THAT AND START TO DO WHAT THEY KNOW IS RIGHT. Not what they/we/ I want but what our consciences tell us is right. Now more than ever in our history it's time to do what is right. Trump can't but we must or we will see chaos in our streets and Marshall law declared by the most unstable and unethical person we have ever had in office! Be AMERICANS first!!

  25. American 'news' is not news in the way we expect journalism to be conducted. Its so obvious someone high in the CNN / MSNBC area of US news made a decision to go after Trump in a way that makes him seem wacky. On the other side, Fox news is doing the same with Biden and anyone else who could threaten Trump. From someone in the EU, used to balanced coverage , this is sickening. You can bet your home that these 'media' outlets already have the scandals, the women, the betrayals in place for the business end of the race to be POTUS.
    If Trump is out of control, then the people who put him into office are even more so. Perhaps CNN et al should go after them instead?

  26. The Goldwater rule is the informal name given to section 7 in the American Psychiatric Association's (APA) Principles of Medical Ethics, which states that it is unethical for psychiatrists to give a professional opinion about public figures whom they have not examined in person, and from whom they have not obtained …

  27. was they joking when they said china going pay because it gets pass on to the consumer congress needs to take back control especially over the tariff wars

  28. and when he is no longer President he will not be able to be charged for his crimes because he has set up his excuse… "insanity'… America just throw him in a cell and be done with it

  29. Trump is deteriorating he needs to step down , he need treatment in jail. He deserve what ever he gets. US will never recover if trump will remain in the White House., he needs to go. Trump need to take Moscow Mitch , Bill Barr with him……and the others. US is going down trump is destroying America…people wake up!….It’s frustrating seeing US destroy by Trump with his delusions……tarifff, tariff …tariff. His crazy and dangerous.

  30. aides yeh right unnamed sources like you can believe anything msnbcrap says wrong just about everytime very biased what a joke

  31. such biased commentary fair and balanced oops wrong channel ali velshi is such a little chaos guy new dem word chaos memo use this word this week lol

  32. trump wants to gut Social Security, Medicare and Medicaid if he gets a 2nd term. He thinks it'll be a "fun project".

  33. There is a scene in one of the Pink Panther movies where Inspecter Closeau is bumbling around like a fool and his behavior is pointed out by his assistant. Closeau's reply; "I know. My every move is planned!" I call this the Inspector Clouseau defense which Don The Con uses all the time.

  34. Is Trump becoming a Supreme Leader? The economy of the USA is built on free markets. What gives the right of the POTUS to dictate to US business who and who they can't do business with? This sounds very dangerous and dictatorial to me.

  35. Mark Twain said the history rhymes. Did Nero fiddle while Rome burned. Seems we have a fiddler in the White House.

  36. When will Bill, Hillary, Comey and the rest of the treasonists be EXECUTED FOR TREASON (after they are FOUND GUILTY in their trials and convictions, of course!)? Throw traitor OBAMA in there, too, (after his trial and conviction, as well) and we're golden! @ @

  37. Trumpy is the greatest president the asylum has ever seen, greater than all the Napoleons in the history of non-compos mentis delusional heroes.

  38. Also, if you want anybody to believe anything your even worse than CNN 'news' program says ever again, please fire Rachel Madcow. Into the sun.

  39. it is wrong to under estimate The seconed world power, it is wrong to spend hard earned green backs buying plastic at Christmas time, For Gods sake they almost set up your G5 network? lol, They have also landed on the dark side of the moon, a pink Floyd accomplishment! lol, plastic that is a throw away? would be fine with one, but who only gets one?

  40. Creator in chief Trump, "f" it up again. Trump figures if he bullys someone they will give in so Trump can get his way. That may have worked in NYC, but that crap does not fly with global issues. Trump is on over his head and he knows it. But he is soiling that diaper he is wearing for sure.

  41. America has lost it’s position in the world as a Leader in Humanities and Democracy, thanks to the Deranged Orange FOOL!

  42. A source close to Deutsche Bank says that the co-signers of Donald Trump’s Deutsche Bank loans are Russian billionaires close to Vladimir Putin

  43. Trump is a reflection of a very flawed electoral system. Time to change it. The world cannot risk another lunatic like Trump in power

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