tv Velshi Ruhle MSNBC January 13, 2018 9:30am-10:00am PST
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president trump flips the immigration debate on his head and lashes out in vulgar, shocking fashion. what is really at stake for america? >> why is this president so dead set against free trade because it hurts american factory workers, but that is not the full story. immigration once again front and center with the president denouncing countries where some u.s. immigrants come from and
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not just vulgar but straight up racist terms. >> the worldwide reaction has been harsh. there may be nothing more consequential to our economy than what gets done to change america's immigration system. >> united states, nation of immigrants. president trump and republicans in congress are under the gun to come up with deal on immigration and boarder security as part of a spending bill deadline that's only days away. at issue are daca waivers. they came to the united states as kids. the waivers allow them to stay and work in this country and then there's the debate over how much the president promised the border wall with mexico. >> why is he gets anything? isn't i supposed to be paid for my mexico? >> ding, ding, ding. that's what i say. from an economic point of view are the big cuts from legal immigration that trump and the
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gop are pushing for including ending family provisions what trump refers to as chain migration. >> it's not comprehensive immigration reform. people in government seem to have trouble understanding when you talk about immigration reform, you might be talking about securing borders and sdilsdil -- skilled workers. the h1b visas that a lot of people go to silicon valley to do computer work on, that's not included. it's not full scale immigration reform. it's immigration reform of a sort. >> we look at the job openings all the time. then the people who don't have jobs or high paying jobs and say we'll connect the two. you cannot connect them if that worker and the skills needed are not aligned. who are the daca recipients? around 800,000 eligible for daca. the average age, 24 years old.
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how do you get in the program? you have to have a high school degree or get. it tends to be someone higher skilled, higher paying jobs than undocumented immigrants. they pay taxes. most likely they came to the united states in the arms or many the hand offens of their p. this is the country they know. >> they're not allowed to have felony offense. you sa if you were picking immigrants, they would look like the pool of dreamers. this is economics. never mind there are a lot of people who support the dreamers because they say it's the right thing to do. a study found that repealing or rolling back daca, it could cost us nearly $280 billion in lost tax revenue over the next ten years. $280 billion. >> bear in mind, these people aren't necessarily going to leave the country.
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they're just going to go back in the dark and when they do, they're not going to be paying taxes, contributing to social security. they're not going to be participating in the real committ economy and if they start getting paid under the table, that pushes wages down. >> this week president trump arded one of those industries specifically. applauding the great things he's done for america's farmers. they are a constituency. rule americans that voted two to one in favor of donald trump. this is what he had to say to them in nashville. >> we have been working every day to deliver for america's farmers just as they work every single day to deliver for us. oh, are you happy you voted for me. you are so lucky i gave you that privilege. >> the question is for fact
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sake, has president trump really delivered for america's farmers as much as he says he has? >> despite claiming to do all he can, president trump's policies aren't doing much to help them. trump won 62% of rule voters because of a widely held belief that they are the america he promised to make great again. what has he done for them so far? not much. for example, trump is happy to boast of the burdensome regulations his administration has rolled back for farmers but he revoked the farmer fair practice rules that protected farms against the worst abuses of agra business. big meat business pay farms to manage poultry and livestock but the companies squeeze farmers on costs threatening their lively hood. the rules sought to level the playing field and help farmers stay in business. now, no more. livestock producers are losing market share in some key countries because trump is tearing up trade deals with the rest of the world. after trump pulled out of the
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transpa sirveg partnership japan cut tariffs on australian beef leaving americans in the lurch. experts warn of labor shortages that could slash output on america's fruit and vegetables farms by as much as 60%. the new trump tax cuts don't do much for small farmers even though he said millions would benefit. 96 won't see what annual sale offense a homillion dollars or more will see. only estimated 80 farms and small businesses out of thousands of estate were hit by the tax in 2017. that's before the new law took effect. all in all america's farmers aren't the real winners in trump's america but big agra business definitely is. sound familiar? fwl that's the take away. this isn't necessarily partisan.
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it's not about farmers versus everyone else. it does look like big business versus small business. >> we heard that specifically from republican senator chuck grassley. he said they are just pandering to big corporations. not interested in family farmer. that family farmer voted for president trump. he was there in those towns on the campaign trail saying i'm here for you. >> we always believe that americans don't really maybe respect farming enough. a lot of us think that stuff grows at the grocery store and we don't really understand the struggles that family farms have. they're real. part of the problem is only 4% of farms produce two-thirds of the country's agricultural output. farms have been consolidating into these massive things. the family farmer has real
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struggles. that's the largest proportion of big companies putting out output since they began tracking this in the 1980s. >> deregulation has made farmers happy. it gave the epa power to find land owners for accessing streams, rivers, water that's on their property. that's now been rolled back. that's one example of something that's got those farmers happy. >> we'll stay on top of the many reforms that are needed in farming industry. moving on, president trump is no stranger to conflict of interest accusations but this week three things fueled more. his trump organization engaged in tense of millions of dollars in real estate transactions with guess who, anonymous shell companies. as that was coming out, the president issued an executive order opening up the pacific and
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atlantic coast to oil drilling but then he issued an exemption of the order for the state of florida. guess what happens there. that is the site of his beach front property. >> those are two things. the labor department issued a federal reprieve to a group of big banks convicted and fined for manipulatining banks. maybe much more. is that a coincidence or are these conflicts of interest? >> the white house saloves so ty there can't be a conflict of interest. he's the president. in this case while these fines may have been put in place during the obama administration and even obama may have waived them and pushed them back. because president trump and his
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family business is so entang led and can directly affect tens of millions of dollars, these companies that's an issue for a lot of the people. >> it's one of those things where lots of properties are bought and sold by anonymous shell companies. it's every other accusations of conflict of interest against the president. we tend not to get it. when you combine the fact there's lack of credibility and no valid explanation, ones mind could wander into conflict of interest. >> it's the problem i have with my kids, when they lie so much but when something is wrong, i don't believe them. there's a poll that the president likes to reference but he had two-thirds of americans say the president's not an honest man. when america thinks that and you
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have this history of kind of fuzzy math. it leads to a problem. >> 40% of people think the economy is doing well. most of those people credit barack obama with that. >> credit aside, i'm going to say i'm glad the economy is doing well. the president's big tax cuts are reaping some big pay bonuses for workers. that's great. there are a couple of caveats i want to point out. the president says trade deals with job killers and scrapping them will help make america great again. is he right?
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like you've never seen before. >> we are killing ourselves with trade pacts that are no good for us and no good for our workers. >> welcome back. as the president continues to rail against the free trade agreements reports are swirling about a possible break in trade relations with canada and mexico. trump thinks it takes away u.s. jobs and send them overseas. >> the president is not wrong but like most things that's only a portion of the story. when it comes to trade it's not just a zero sum game. take a look. >> one of president's trump's first acts is to scrap a partnership. a free trade agreement making up 40% of the world's economy. now the president has his cross hairs aimed at the american free trade agreement or nafta with canada and mexico. >> every trade deal we have is
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d disasterous. >> reporter: the free trade deal aim to promote peace and prosperity in the world. it did that by opening up the country to trade and removing the barriers between them. >> everybody grows more and makes more money. that was the start of trade. it's been growing ever since. >> reporter: this is how free trade is supposed to work. let's say country a has a lot of one product the rest of the world wants, say corn. it can use its competitive advantage to export an excess of supply to country b, which doesn't produce enough on its own. it's a win win for both countries. if country a lacks somebody its consumers want that country b has an excess of, say bananas, it can import them from country b. in theory the system works when both countries lower barriers to trade. >> the benefits of free trade are lower prices, more product
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growth and more creation. >> reporter: the reality is more complicated in today's economy. many manufactured products, fans can be made almost anywhere. countries that can pay their workers less have a competitive advantage over those with higher labor costs. that, in part, explains why many of the world's cheaper manufactured goods are made in asia and not in america. that has ramifications. >> thes -- the cost of free trade is loss of jobs. >> reporter: president trump has threatened to hit china, mexico and others by slapping tariffs on their imports. in general the president is serving notice to any country that has a trade deficit with the united states. meaning, they export a lot more to the u.s. than they import from it. >> when the president says deals are unfair, he's looking only at part of the picture. he's looking at manufacturing mostly cars and steel, which is what he talks about most of the
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teem. if you look at the whole picture, which includes agriculture, services, that's 75% of our economy and all manufacturing, he's not right. >> free trade, winners and losers. we were talking about farmers. farmers love free trade. nafta, they want to keep that in place. if you're a farmer, you want your butter and eggs and beef to two to canada. those factory workers who lost their jobs, they are angry they want those jobs back. it's not the same. >> here's the issue. when you have free trade, it generally, for both countries involved, it increases their gdp, corporate profitability but those factory workers do lose out. we've never been able to scaqua that circle. if your gdp goes down and everybody lose out. the idea is does everybody lose out or does a certain sector of
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society lose out. if you're in that sector, this fiphilosophical argument doesn' sit well with you because you're out of a job. >> this is where the government could step in and say this is about job retraining. let's put you in the job of the future rather than send us into the past. >> we all talk about the past. >> this is an issue that exists within the white house. you have the peter navarro that were on trupresident trump's campaign. this will be a war with who gets the president's ear last. >> as the resident canadian or k kenyan, we get a whole lot of electricity, we get water. i don't see the threat to nafta. i don't think it will get ripped off because it will hurt the countries involved but it would
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be an economic disaster for cana canada, united states and mexico to rip up that deal. >> the answer is most likely in the middle. we're talking about this whether we're talking health care, immigration or trade. take the base that we have and improve it. coming up, corporate america is celebrating the tax law by announcing big pay bonuses for their workers. not all workers are celebrating. health insurance for millions of children is days away from disappearing. guess what, you have run out of excuses lawmakers. we want answers. we want this back. >> we'll be right back. this is frank. sup! this is frank's favorite record. this is frank's dog. and this is frank's record shop. frank knowns northern soul, but how to set up a limited liability company... what's that mean? not so much. so he turned to his friends at legalzoom.
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yup! they hooked me up. we helped with his llc, contracts, and some other stuff that's part of running a business. so frank can focus on the beat. you hear that? this is frank's record shop. and this is where life meets legal. not in this house. 'cause that's no average family. that's your family. which is why you didn't grab just any cheese. you picked up kraft mozzarella with a touch of philadelphia for lasanyeah! kraft. family greatly.
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program or chip is in serious trouble. it provides health coverage to lower income households that make too much money to qualify for medicaid but who need care. the program has gone 105 days without funding for congress. lawmakers thought they secured enough funds to hold them over through march giving them much more time to come up with a long time funding plan. after crunching the numbers it seems some states could run outd of funds as early as january 19th. do you know how big this flu problem is in this country? there's a new report finding that a ten-year extension to chip, are you ready for this? would save taxpayers $6 billion. >> save, not cost. >> why are lawmakers waiting? why? i can't find a single lawmakers who will make the other side of the argument. >> it's just a political pawn used in ongoing negotiations
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about government funding that's the only thing in the constitution that congress has to do. it's a massive failing of congress. we're hearing that a deal is close. we've been hearing this for a long time. why is this a pawn? it's such a masmall thing. >> your political pawn are sick, low income kids. this amount of money is nothing compared to the massive tax cut we saw. >> walmart is the latest company to announce raises and bonuses as a result of the new republican tax plan. they are raising minimum wage to $11. it announced pay bonuses for long time employees. not all good news for walmart. it made the announcement while underplaying another piece of it. the country will shut 63 sam's clubs stores. walmart is a laggard in pay. target, t.j. maxx has increased
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wages. walmart operates in a number of state that will have $11 minimum wages. i want to put it in context for you. it's good for the walmart workers getting the raises. >> without a doubt. >> for those sam club employees who got up that day, put gas in their car, showed up at work and found out they had no job, not such good news. i have other sad news. another rountds of layod of lay carrier plant in indiana. it's the same one trump visited in 2016 bragging about saving employees jobs. saving the plant from moving to mexico. 215 people lost those jobs and that follows 340 jobs cut at the factory last july. some workers remaining along with union members and leaders chastise the president for inflating the numbers of jobs saved and they say they feel abandoned. >> that's it for us. thank you for watching. you can catch us together every weekday at 11:00 a.m.
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good day, everybody. i'm alex witt here. it's 1:00 in the east. it's 10:00 a.m. out west. the fire storm and the fall out. america debates the impact of president trump's remarks allegedly disparaging haitian and african immigrants. >> it's surreal to see him uttering quotes from dr. king. >> we're talking about people leaving their own country and coming to america when in reality president trump ran on a make america great again policy. >> i will talk with a prom innocent african-american supp
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