the kaiser report i'm max kaiser time to return to our conversation with dr michael i'd say and dr hudson welcome back to the kaiser report going to be here to continue to so we are talking about donald trump and his new steel and aluminum tariffs and how that's going to play out economic lay and. you know last time we kind of talked about how this could shut wall street out and that's an interesting concept you know if we can take this and go down this path a little bit but what do you mean by shots wall street out and isn't that it good i mean you know the economy has always been a battle between main street and wall street and certainly wall street's been a winning the last twenty five years certainly sounds the reagan thatcher era and male liberalism and main street spend shut out main street the wages have been stagnant a lot of jobs have been lost so is this signaling kind of an era when main street can look forward to some gains here versus wall street and isn't that a positive thing and there isn't that the way the cookie crumbles if you are working on wall street dr hudson well i

payments economist for chase manhattan bank will get into why that's important in a second there dr michael hudson welcome back to the kaiser report good to be here again met donald trump still tariffs are they warranted are they a good idea or what's going on dr michael hutchence i think what they are is and shake them they don't seem to make sense economically and i'll explain that later but i've been spending two days trying to figure out since the logic is a travesty of protectionism is going to squeeze american producers so use of steel and aluminum so there must be something else and i think that's something else is he's trying to really go trump is trying to renegotiate that there ups with canada mexico and these are the countries that are the most highly in steel and aluminum exports the united states so i think what trump is saying and he's already said well i will exempt them from these tariffs and i'll prevent i'll save them from having unemployment and there's still an aluminum industries if they give a couple of concessions and rewrite and i think his plan the reason that nafta is the

fresh to the table how come you're not on the new york times bestseller list this is a travesty dr hudson because i'm the kind of person that you have on your show not the kind of person that the new york times likes to celebrate though they review books that advertise in the new york times and i don't ever if i go on your fair enough yeah that's right tell it never comes i was on here was i got to say i'll get him on back all right maybe you two should be on for debates and dr roger thanks for being on. the kaiser report is always going to be here. well that's going to do it for this edition of the kaiser report with me max kaiser and stacey ebert like to thank our guest dr michael hudson latest book j. for junk economics if you want to catch us on twitter it's kaiser report and the next time. it appears in highly likely these are the words used by u.k. prime minister to resume pinning the blame on russia for the poison attack on a former russian intelligence officer turned to british spies claims are made and threats long course without evidence. combination of. very artful policy. wher

the kaiser report imax keyser time now to return to our conversation with dr michael i'd say and dr hudson welcome back to the kaiser report be here to continue to so we are talking about donald trump and his new steel and aluminum tariffs and how that's going to play out economic lay and. you know last time we kind of talked about how this could shut wall street out and that's an interesting concept you know if we can take this and go down this path a little bit but what do you mean by it shuts wall street out and isn't that it good i mean you know the economy has always been a battle between main street and wall street and certainly wall street's been a winning the last twenty five years certainly sense the reagan thatcher era and male liberalism and main street spend shut out main street the wages have been stagnant a lot of jobs have been lost so is this signaling kind of an era when main street can look forward to some gains here versus wall street and isn't that a positive thing and there isn't that the way the cookie crumbles if you are working on wall street dr watson well i don't

are still trying to figure that out stacy hi max so you know you do a double header with michael hudson dr michael hudson that was in our last episode and he's in the second episode second half of this episode today so i have the privilege of actually seeing what he has to say and it's very fascinating you really have to tune in for the second half with dr michael hudson because he's looking at finance capitalism and international free trade so-called free trade and it's quite interesting because he talks about the high cost of living and the low wages and that's certainly something we see in america as more and more people and in the u.k. which is even more and france and spain this notion of the precarious at a precarious jobs and the indignados you know all these sort of sort of temporary temporary sort of stable jobs so you're a good worker at the gig economy you know or things like that but. another way out of their ghetto of these get jobs is to become a you tube star so i have this interesting story about you tube success on you tube still means a life of poverty you can have a mill

are still trying to figure that out stacy hi max so you know you do a double header with michael hudson dr michael hudson that was in our last episode and he's in the second episode second half of this episode today so i have the privilege of actually seeing what he has to say and it's very fascinating you really have to tune in for the second half with dr michael hudson because he's looking at finance capitalism and international free trade so-called free trade and it's quite interesting because he talks about the high cost of living and the low wages and that's certainly something we see in america as more and more people and in the u.k. which is even more and france and spain this notion of the precariat a precarious jobs and that indignados you know all these sort of sort of temporary temporary sort of stable jobs so you're a good worker at the gig economy you know or things like that but. another way out of their ghetto of these get jobs is to become a you tube star so i have this interesting story about you tube success on you tube still means a life of poverty you can have a million

are still trying to figure that out stacy hi max so you know you do a double header with michael hudson dr michael hudson that was in our last episode and he's in the second episode second half of this episode today so i have the privilege of actually seeing what he has to say and it's very fascinating you really have to tune in for the second half but dr michael hudson because he's looking at finance capitalism and international free trade so-called free trade and it's quite interesting because he talks about the high cost of living and the low wages and that's certainly something we see in america as more and more people and in the u.k. which is even more and france and spain this notion of the precariat a precarious jobs and the indignados you know all these sort of sort of temporary temporary sort of stable jobs so you're a good worker at the gig economy you know or things like that but. another way out of their ghetto of these get jobs is to become a you tube star so i have this interesting story about you tube success on you tube still means a life of poverty you can have a million v

are still trying to figure that out station hi max so you know you do a double header with michael hudson dr michael hudson that was in our last episode and he's in the second episode second half of this episode today so i have the privilege of actually seeing what he has to say and it's very fascinating you really have to tune in for the second half with dr michael hudson because he's looking at finance capitalism and international free trade so-called free trade and it's quite interesting because he talks about the high cost of living and the low wages and that's certainly something we see in america as more and more people and in the u.k. which is even more and france and spain this notion of the precariat a precarious jobs and the indignados you know all these sort of sort of temporary temporary sort of stable jobs so you're a good worker at the gig economy you know or things like that but. another way out of their ghetto of these good jobs is to become a you tube star so i have this interesting story about you tube success on you tube still means a life of poverty you can have a million

about during the break because we have to take a break when we come back we're going to talk to dr michael hudson don't go away. twenty eight team coverage we've signed one of the greatest. but there was one more question and by the way who's going to be our coach. guys i know you are nervous he's a huge star and the huge amount of pressure you have to be the center of the football with you and do all the great. you are the rock at the back nobody gets to you we need you to. go. alone. and i'm really happy to join. russia. this special one. needs to just take the reno team's latest edition to make up a bigger. book. the far right. isn't just on the march it's taking violent. action i don't like need to hate. these organizations which are usually split into which we for different names how do you have. a. complex web of basher. welcome back to the kaiser report imax keyser time now to return to our conversation with dr michael i'd say and dr i'd say welcome back to the kaiser report be here to continue to so we are talking about donald trump and his new steel and aluminum tariffs and how that's go

still trying to figure that out stacy hi maxwell so you know you do a double header with michael hudson dr michael hudson that was in our last episode and he's in the second episode second half of this episode today so i have the privilege of actually seeing what he has to say and that's very fascinating you really have to tune in for the second half with dr michael hudson because he's looking at finance capitalism and international free trade so-called free trade and it's quite interesting because he talks about the high cost of living and the low wages and that's certainly something we see in america as more and more people and in the u.k. which is even more and france and spain this notion of the precarious at a precarious jobs and the indignados you know all these sort of sort of temporary temporary sort of stable jobs so you're a good worker at the gig economy you know or things like that but. another way out of their ghetto of these get jobs is to become a you tube star so i have this interesting story about you tube success on you tube still means a life of poverty you can have a mi