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tv   The Big Picture  RT  July 5, 2017 10:29pm-11:02pm EDT

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i think that a responsible way it's new people and there is always well that's what it's always seen examples to. wholesale surveillance you feel you have all meanwhile as soon as he says that in trump has used to sell. this story because it's garbage in real genuine. long. well i'm tom hartman at washington d.c. and here's what's coming up tonight on the big picture economists in the media are
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warning the donald trump's plan to slab big tariffs on aluminum and steel could spark a trade war. could that actually be a good thing alan tonelson in just a moment and renowned physicist stephen hawking says that the trumpet ministration is pushing us past the point of no return on climate change why is the administration and really the entire republican party so willing to bring on the apocalypse just to help the fossil fuel oligarchy make a little more profit find out what's called a liberal run with julio rivera travels course. just minutes before leaving for europe where it will attend the g. twenty summit in germany donald trump doubled down on the kind of nationalists rhetoric that helped get him elected in the first place he tweeted the united states made some of the worst trade deals in world history why should we continue these deals with countries that do not help us coming as it did amid reports that he's considering to be. twenty percent tariff on steel and other imports trump's
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tweet got the media talking once again about the possibility of a trade war but what actually is a trade war and what a confrontation with say china over trade policy really be such a bad thing joining me now is alan tonelson economist founder of reality check blog and author of the race to the bottom why worldwide worker surplus and uncontrolled free trade are sinking american living standards alan tonelson welcome back great to be here thanks for having with us so first of all what do we know about or what do you know about this trade plan that trump says he's. promoting or is this just more rhetorical flourish from the tweeter in chief there certainly has been a pattern i don't say history it's a little too soon for that but there's been a pattern for sure of the trump trade bark being somewhat worse than the actual bite and we might be seeing this in the case of the steel tariffs controversy since
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the ministration was due to come out with a report about the national security implications of america's steel trade patterns its rising imports its growing trade deficits in steel again that was supposed to come out last friday it was announced at the last minute that the release of this report which was going to precede the presumed the nouns mint of steel trade tariffs of some kind. that report was then pushed back its release until after this week's g. twenty meeting with the leaders of the world's other nineteen big big trade and economic powers so that's possibly one sign that either the administration is having second thoughts about the whole thing or that they're trying to figure out which countries get hit and which don't i would suspect the latter that's that's probably not a bad bet ok it's my understanding there's a big debate within the administer. about the possibility of imposing tariffs
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particularly on china right obviously we're least players in this debate over their positions from what's reported in the press and i think this time it's probably accurate you've got the so-called populists the steve bannon's the steve miller's who is the. the chief domestic policy aide you've got peter navarro who has been heading the national trade council possibly wilbur ross the secretary of commerce on the side of much harder law in trade policies opposing them again presumably is the so-called goldman sachs gang gary cohn who was the former chief executive at goldman sachs who now heads the who now heads the national economic council and steve minucci in another goldman sachs alum the treasury secretary of course steve benen worked for goldman sachs too although he was not like you know he was your serial big wigs i was just
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a trader so well that's interesting as i mentioned that the media is talking about this oh there's one more faction as it's very important that very strongly against any steel trade tariffs and that's the national security crowd general mcmaster the national security adviser general mattis the secretary of defense i would imagine rex tillerson former exxon chairman now secretary of state this is i'm sure they hate this idea they see steel tariffs as raising the price of steel raise the price of steel you raise the cost of manufacturing weaponry and worth theory one of the largest manufacturers in the world of weaponry one of the largest merger cers of it so it's going to jack up the deal but i have a feeling that they're much more concerned with the prospect that one hears from from all wings of the american foreign policy establishment that whenever america moves to either promoter safeguard its legitimate economic interests which i strong . we believe to be the case with steel. that's risky national security wise because
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other countries might become upset oh geez which is an argument that i simply don't buy if only because when it comes to national security all america's allies need the united states much more than vice versa and i i realize that's a historical and all the these attempts to for example portray smoot hawley as the cause of the great or actually cause of world war two or just total nonsense but is there an historical precedent for i mean it as they started out protections that this was annulled and sold for sure now there are seven hundred ninety one and seven hundred three put it in place and what plan and it basically stood until at least next strong way i'd see it actually stood in till the one nine hundred thirty s. when president roosevelt. it's initiated to see a tariff. inspired by cordell hull his then secretary of state with the idea
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being that that smoot hawley the tariff that the united states had put on. shortly after the great depression actually broke out had made things much worse we had to reverse course and so i would actually be the start of free trade america to that one nine hundred thirty s. period let's put all the only raise tariffs by three four zero there was so much there were so many factual arguments against it not least of which was that also when we affected a very tiny percentage of total u.s. trade flows rain was less than less than but it's a convenient whipping boy yeah so become so back to the historic i mean if the history of the united states has been we were mercantile liston protectionist for the first hundred fifty years or so and then we slowly have become more free trade i don't know what the word is for this you know i guess you know surrendering economic sovereignty. yes. is there has there been a point
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a time in the united states history where we have returned back to those hamiltonian principles and if so what was the outcome well i don't know if such a strangely enough it came and i was just thinking about this just before tonight's show because we're at a very similar moment today former president nixon back in the early one nine hundred seventy saw that that the united states was increasingly incapable of playing its traditional global leadership role when it came to national security while remaining wide open to every other country's exports especially those of its allies japan and also germany and he essentially imposed it in one thousand nine hundred seventy one a ten percent tatar of which he called a surcharge which was intended to get those countries to strengthen their currencies they were being charged with what we would call today currency manipulation and it largely worked he also though and again this is very ironic
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brought down the post world war two economic system which was which was a a very strongly u.s. dollar based system related to the dollars convert ability to gold we're getting very wonky here i know but seventy ought to close that goal right exactly that that was in place since one thousand it's in the late one nine hundred forty s. nixon brought that down because the strains that imposed on the u.s. economy were getting excessive in his judgment and u.s. allies were freewriting economically and also national security wise so if first of all steel in if if i was thinking national security. you know in the nineteenth century or maybe in the first out of the twentieth century i think steele sure right now and i'm thinking national security i'm thinkin the united states can't make a cruise missile without ships in china right electronic have some little wire. and
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we're not looking at you know i mean you walk through government offices and in this town and and i have over the years and you see you know the heils of computers manufacturing jobs in china and you know how can we how can we have national security when our critical government functions are being done on computers that are manufactured in china we don't know what's in their problems clearly you know are the big blind spot that that previous administrations both democratic and republican can be legitimately accused of one big reason that steele has been chosen first and i don't think it will be last is because steele is just about the only major american industry that has decided to keep most of its production capacity at home whereas the u.s. electronics industry has gone overseas in the last thing it wants is trade barriers but there is a very legitimate case
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a national security case for imposing steel tariffs because even though steel does not play the role in america's defense that it clearly played in decades past especially steels remain critically important to a wide variety of u.s. weapons systems and even though their production volumes are pretty small they're so vital that you need a larger steel infrastructure a larger steel industry to support their manufacture you can't just expect needs products like that to survive without a larger and without a larger infrastructure and that's what the steel industry has been saying the the other we have about a minute handle on the other big argument against the trumpet ministration doing this is that it will spark a trade war and that a trade war implicitly could lead to a hot war where you thought well i don't see a trade war leading to a hot war with the u.s. secure. the allies like japan and germany and south korea in theory with china but
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china is such a rogue state when it comes to economics when it comes to trade policy something clearly has to be done there's pretty strong bipartisan support because democrats like chuck schumer the senate majority leader have been shining trump you're too weak on china you're breaking your campaign promises you have to do more so i think that if he took more aggressive steps he would get stronger he would get even in this climate strong support and i can't imagine the chinese responding militarily it just makes no sense whatever you know what and if there were some sort of a flashpoint in that region say north korea. the more direct us china flash point is in the south china sea we're china has been trying to expand its own territorial reach the u.s. navy has been pushing back things are at
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a very touchy point right now you know absolutely great and what a pleasure thanks so much coming up republicans say they believe in the local control but they don't actually mean it and it's a long liberal rob with the layer of air on travis course and right after this break. for decades the american middle class has been railroaded by washington politics. big money. that's drowned out a lot of oil that's how it is in the new culture in this country now that's where i come in. i met. on r t america i'll make sure you don't get railroaded you'll get the straight talk in the break. what. would you have for breakfast today why would you put those. why for those who've
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gone through the flood. now i've lived to do due to what all. rejected tonight is a comedy gold and not defect by the corporate media. would you go after the corporations that just more your lives profit over people at every turn. redact it's not for me it's like medicine it's like a cancer from all the stress that the news puts you under redacted tonight is a show where you can go to cry from laughing about the stuff that's going on in the world as opposed to just regular crying we're going to find out what the corporate mainstream media is not telling you about how we're going to filter it through some satirical comedic lenses to make it more digestible that's what we do every week hard hitting radical comedy news like a duck it's
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a night is where it's at. what politicians do something to. put themselves on the line. to get accepted or rejected. so when you want to be president i'm sure. some want to be rich. but you going to be prosperous like them before three in the morning can't be good . i'm interested always in the waters of our. first said. oh oh oh oh
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. republicans talk an awful lot of game of clamping down on welfare queens but the truth is they're perfectly fine with using taxpayer dollars to subsidize people who don't deserve our help just so long as those people happen to be billionaire corporate c.e.o.'s let's rumble. with me for the rides along the rubble are julio rivera editorial director reactionary times and travis corson senior vice president at madison strategies and thank you both for being with us tonight. thank you so much tom great let's get
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started missouri republicans have lowered the minimum wage that's right lowered it on friday missouri's right wing governor eric greitens a lot of those show me the state's version of what's known as a preemption law to go into effect this law bans cities in missouri from raising their minimum wages higher than seven dollars and seventy cents it was a direct response to st louis having raised its minimum wage to ten dollars an hour st louis workers will now see their wages drop from ten dollars to seven dollars and seventy cents an hour a twenty three percent pay cut study of the university of california berkeley found earlier this year that low wages cost u.s. taxpayers one hundred fifty two point eight billion dollars each year in public support for working families so here's my question for you guys why republicans trying to keep working people tied to food stamps and public assistance i you know i know why corporations like the scam they don't have to pay higher salaries and you and i all three of us are are with our tax dollars subsidizing wal-mart and
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mcdonald's and all these other companies but i don't get why republican politicians like let's get something. rate here a higher minimum wage does not necessarily translate to a better worker outcome and i think there's a philosophical difference here in the minimum wage and entry level jobs and what they mean republicans conservatives believe entry level jobs are just that a stepping stone a way up the ladder an opportunity to work your way up by raising the minimum wage you actually lessen the amount of jobs that are available to these lower workers you lessen their abilities for higher out outcomes and a lot of times you're pricing them out and you price automation instead of actual workers you know i hear all that and i know that i know the shtick you know and but the fact of the matter is that a majority of the workers in most of these low wage industries are not kids they're not teenagers they're people who have families they're people who are in some cases working two or three jobs there are adults at number one number two you didn't address why the republicans who are always talking about local control particularly
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when it comes to racial issues like their schools and you know school integration stuff like that are all of a sudden saying oh no cities cannot have control it's got to be coming from the from the from the geniuses at the state down period and number three nobody nobody address julio your next nobody address my pointing out that this scam has been going on for about twenty years now where the the guys at wal-mart the guys in mcdonald's they figured out if we pay at this level then all of our employees qualify for government benefits which takes them essentially up to this level in terms of total income when you add in food stamps and housing support everything else and medicaid but if we pay just three dollars more than that they no longer qualify well those things and now they're going to be under your muscle it's on the university of washington did a study using seattle the first city to fight for fifteen as the guinea pig and they actually found that workers work less hours than they did before the minimum wage increase and actually saw a net decrease in wages in wages. as i sound as i'm sure both so you know more
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depend on the going to be great amazing less money than here we're talking about. mcdonald's and wal-mart and as i'm sure both of you know that study done by the university of washington did not look at any large employers it was entirely small businesses so nobody pays but they looked at specifically low wage earners who this legislation is supposedly supposed to help and that was when they took away with this legislation is supposed to this this decision this legislation by the governor and the and the legislature in missouri is supposed to hurt it all but a minimum wage in st louis just turned out it was the i know you did not letting me finish in general when you raised the minimum wage obviously they're trying to help the low wage worker but. things are going to the university of washington study actually confirmed that they lost the last nine percent of the total hours. in a small in a small group well tell us more all that is let's laugh about it or not that does
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not indicate anything in it and plus that's a fifth of what i have doesn't indicate is that's that's nothing was said of the hours go on will somebody plays and gradually actually level jobs employers cut guys are willing to talk about this scam the these where they are always are they are letting it all out you talked about the study how the study didn't include small employers right it did not include large employer designing large employers well guess what the small employers are actually exempt from this law the st louis wage law you have to make over five hundred thousand employ more than fifteen employees to actually even be eligible to have to pay this ten dollar minimum wage you know why because they know it will drive these small employers out of business small business reasons for backbone no english i just got killed way i didn't talk to they said all the orders anyways though it's it but ok so both of you are fine with just blowing up the whole idea of local control cities should not have the ability to determine their own fate even if it's a stupid faith you're both on board with that. not necessarily i mean it just this
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is something stupid though i mean you kid a city kid make a decision for the employers and for the small businesses in that kind where they go and they do every day it's called zoning if nothing else so he's constantly making decisions about employers i mean that's that's the obligation of him but not on how much they're going to pay people as a minimum no sure i mean washington d.c. has just raised the minimum wage to fifteen dollars here and guess what it is not a reason why did lost over a thousand other jobs he's got you know if you want to keep up with that if a bench really doesn't you're worrying too much at the people i thought the republican idea was the jobs our kids like my teenage daughter is we're not talking about your teenage dollars an hour you know she should be making yes but these are the people that generally work these types of jobs as younger people people entering the workforce people you know that there has been so dave bonked these are not young people entering the workforce these are people trying to analyze and a lot of them are and we know a small percentage i drive for a minimum wage job that shouldn't be what your number one you guys are fine with no
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such thing as low level control unless it has to do with presumably integration of schools and number two you're saying that is just fine with you that the three of us continue with our tax dollars to subsidize mcdonald's and wal-mart all these other big companies in st louis missouri you just lost over the fact that the pro where the minimum wage is raised these people like make less money than they did before so you're actually well i'm sure that i've heard all they no longer qualify for government benefits and they make less money than they were making no or they make more than ten dollars an hour that's that's you know that's why obama was talking about a ten dollars fifteen cent or whatever it was minimum wage it was exactly the point where employees no longer qualify for government benefits i thought you guys didn't like government benefits and raising the minimum wage to ten dollars we're talking fifteen dollars minimum wage like in washington state this is ten dollars and st louis had already done this it had been in place for years and now the state comes along and says no you've got to knock it down the side of the truth we've got. on
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the average days they buy laser knows what. horrors this this is something that just was in effect for a little over a month before the injunction came this is the man in place for years it was a twenty three percent boost in their labor cost that they got blindsided with and so you're ok so it's just it's just him seven zero dollars and seventy cents an hour is just fine with you i just horrified by that that's. that's pathetic because we're evil we're evil republicans right tom listen to know your shillings are evil millionaires who own these companies you'll see it all right but how many people are out there really supporting a family on seven dollars an hour these are entry level jobs i understand there are some of us know that but you don't have to give the american to do that you are going to stay out of the jadis shows that they lose ours so we leave it to pay what the market the market demands of the market will pay into it will sustain a ten dollar wage and there's no rocker will probably sustain a four dollar wage and by the way if we do away with the child labor laws you might even get a three dollar has
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a twelve year old i realize that's the direction republicans want to go that's that that is the absolute direction of this era and any how in an interview with the b.b.c. this weekend world renowned physicist stephen hawking said the donald trump is pushing us past the point of no return when it comes to climate change section a good. temperature of fifty degrees but still fewer. why are the petro billionaires who virtually own the republican party willing to risk killing us all just to get a few more years of progress and this is this is all demagoguery it's nonsense the bottom line is if there is a corruption you know somewhere that'll do about a hundred years worth of man me damage the fact is even the c.e.o. don't try to cross the weather channel denied climate change it's not anymore not in the climate change not anymore have ever been the weather channel and i don't like halloween high magick a new york studios. there was
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a right now because there were so many models that said that manhattan would be underwater but you know as far as i can tell it's not i have to go to the level of alarmism here it is crazy how do we go from the so-called accepted scientific consensus from those that claim child climate change and really it was global warming but then they had to put about the climate change and how do we go from cooler point eight degrees celsius rise over the next hundred years to now earth is going to be a two hundred fifty degree with with so if you're an acid rain cloud i just don't god love over alarmism larry amazing. and even that even though so you guys are going to continue to push the koch brothers are going to get to you guys are both going to continue to push the petro billionaires the koch brothers on the list if they it's not a nothing to worry about here yeah the planet is warming up appliance in order to follow the laws to be greener just cost businesses money needlessly it makes the cost of producing cars in our country more expensive the cost of producing everything in our country more expensive but what i mean let's let's also what i
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want what do you believe there and i did say what are you talking about it make what what makes things more expensive. regulations e.t.a. regulations complying with certain standards you know that is supposedly making this huge difference and make cars larger and they accepted models of how hot it's going to get over the next hundred years it's a wide range it's between one degree and six degrees these guys have no idea how to play the i guess you see. yes. nate i think you're looking at your legs and are crying and if you are you ready to graze yeah i'm not pitching and i'm sure there's even talk sense there that huge. well that's ok let's let's talk about the context in which this was brought up and that was the context of the paris climate accord a voluntary accord mind you one that i knew and could you could leave at any time if they were if you really want to push change on this the way to do it is to
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ratify the treaty through the senate and the do it the proper way not the way the obama obama did it which was to unilaterally move something because you couldn't get the american public an american consensus on the issue or your suggestion if you were actually in the status of illinois side as part of the terrorist leaders are not only going to comply yeah actually china is way ahead of their goals for arrows there they're way ahead on china's their goals as laid out their. china is laying down more solar every minute and we do it entirely because what they really do coal fired plant every month they have cut back on that they got back on over one hundred plant stuff canceled over one hundred coal fired power plants so. and he'll. miss in a q. here. julio rivera and travis corson thanks guys for being with us and that's the way it is tonight and don't forget democracy is not a spectator sport you know out there get active tag you're.
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it is really funny because i didn't know. even that. would you have for breakfast yesterday why would you put those for. your wife. now i could give you due to one more. lead.
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all the world's a stage and all the news companies merely players but what kind of partners are anti american players are to america offers more artsy american person lead in many ways in the u.s. landscape it's just like the real news big news good actors bad actors and in the end you could never you're all. so much parking all the world's all the world's a stage all the world's a stage we are. definitely a place. people have got to know whether or not they're present or some people deserve to know at this point does it mean to guard against the military industrial. we shall never come out of.
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war you should know that. yes we do have a. future. on the news tonight the us aids to get serious north korea fires off another missile former u.n. ambassador bill richardson joins us for the conversation tonight and the president touches down in poland as he prepares to meet with president putin at the g. twenty in germany on friday and now c.n.n. has become the story once again after being accused of blackmail i'm michel purporting tonight from washington d.c. you're watching r.t. america. good evening friends we start tonight with tensions on the edge on the korean
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peninsula on tuesday north korea successfully tested another intercontinental ballistic missile it landed in japanese quarter waters after reaching an altitude of almost two thousand miles in response the united states and south korea conducted full military exercises of their own the u.n. security council elden emergency session this afternoon at the request of japan and south korea r.t.c. modell rosario has further details from the white house the tensions between north korea and the united states have reached a tipping point as north korea tests an intercontinental ballistic missile that theoretically. has the potential to reach the united states before president took office in january he tweeted that this event would not happen now that it has tweeted this about north korean leader kim jong il saying does this guy have anything better to do with his life hard to believe that south korea and japan will put up with this much longer.

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